Maturnuwun
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May 10, 2020, 09:38:31 AM |
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generally is buy when prices are cheap and sell when prices are high. and of course every trader has a different strategy. for me personally in trading certainly buy some stable coins or coins that have high volumes, and is done in large exchanges such as Binanc or Kucoin.
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mamesso
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May 10, 2020, 12:40:19 PM |
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generally is buy when prices are cheap and sell when prices are high. and of course every trader has a different strategy. for me personally in trading certainly buy some stable coins or coins that have high volumes, and is done in large exchanges such as Binanc or Kucoin.
Before deciding to trade, we must be prepared to accept the risks that will occur, even experienced traders can get caught in a pit of loss because the cryptocurrency market is very difficult to guess. Having a surefire strategy is the main capital in trading, Remember, do quality trade, not with quantity.
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ife2020
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Are you kind to your neighbor? Think it through
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May 10, 2020, 12:44:58 PM |
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I believe one of the ways to overcome fear in trading is by trading with spare funds that you can afford to lose. never borrow to trade or invest, it gives peace of mind and confidence while trading if you use your own money.
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Tervelatuk
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May 10, 2020, 12:52:55 PM |
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I believe one of the ways to overcome fear in trading is by trading with spare funds that you can afford to lose. never borrow to trade or invest, it gives peace of mind and confidence while trading if you use your own money.
using our own money or cold money make our mental and psychology kept. no emotion or uncontrolled decision while we see market crashing. but if we use money from our emergency fund, when market move againts our direction its be easy to make us panic.
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South Park
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May 11, 2020, 08:13:08 PM |
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And remember, never borrow to start crypto currency trading and investment; it affects your emotions while trading.
This last statement caught my attention. Borrowing to trade should never be an option, because whenever you are trading and it seems that lose is gradually crawling in, then you start thinking of how to pay back peradventure you lose, which might eventually cause you to make the wrong decision. It might be very common to say only invest what you can afford to lose. This is also applicable in trading. Only trade with what you can afford to lose. While I agree that a person should never borrow money to try to trade the markets then this means those very same traders should never use margin trading at all, which is nothing more but to ask for borrowed money to trade the markets and yet I see that all the time, whenever you hear a story of someone losing all of their capital in a matter of minutes or hours most of the time you're going to see someone that was using too much leverage and did not knew what he was really doing, so if you are just a newbie trader you should avoid margin trading at all costs.
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Youghoor
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May 11, 2020, 09:21:50 PM |
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Cryptocurrency trading is not much profitable as it was two years ago. However, it will be worth the knowledge if you try learning and probably divert into margin trading where you can make huge profits within seconds. Careful about margin trading though because it can be very volatile
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beveryu778
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Hello World 👽
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May 13, 2020, 07:19:10 AM |
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Do you wanna know how to trade briliiantly, then you cannot be afraid,
Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Everyone lose their money while early days of trading and we have to accept it because it's part of it. That's the reason to start with small to make sure you're not going lose much money. After spending enough time on trading eventually you will understand how trading market works. Experience will give you strength to trade with bigger amount.
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Lantind
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May 13, 2020, 07:35:54 AM |
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using our own money or cold money make our mental and psychology kept. no emotion or uncontrolled decision while we see market crashing. but if we use money from our emergency fund, when market move againts our direction its be easy to make us panic.
Yes, that's right, but traders who already have a lot of experience in the field of trading, then they never use emergency money to trade, because in my opinion only stupid people who use emergency money to trade in the market.
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| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
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MuhNofa
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May 13, 2020, 01:53:16 PM |
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Do you wanna know how to trade briliiantly, then you cannot be afraid,
Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
yes I think that is the key to trading, where we have to learn from failure and always see the gap of failure because I think in each of these failures we can see little opportunity for our capital to successfully trade
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cribusen
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May 13, 2020, 01:59:48 PM |
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Greed is the worst problem of trading and unfortunately, 5 percent of traders that succeed are only successful because 95 percent of others have failed to meet the right decision. It is almost impossible to be among those 5 percent ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Kasabus
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May 13, 2020, 02:18:06 PM |
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Do you wanna know how to trade briliiantly, then you cannot be afraid,
Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
yes I think that is the key to trading, where we have to learn from failure and always see the gap of failure because I think in each of these failures we can see little opportunity for our capital to successfully trade Embracing our own failures and definitely learn from them is a good start to become a good trader in the making. It does not mean that if we commit failures, we are bound to make continuous losses. I think it's more of a good motivation to keep on trading after you have learned lots of lessons from your varied experiences.
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semobo
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May 13, 2020, 02:19:17 PM |
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Do you wanna know how to trade briliiantly, then you cannot be afraid,
Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Experience will make you as a better person in handling trading related things but everyone fails in crypto trading even one who mastered FA,TA,news analysis and everything because this is highly volatile market but they knows how to reduce their losses on certain conditions where rookies will lose everything.
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kapalmabur
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May 13, 2020, 06:00:12 PM |
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Do you wanna know how to trade briliiantly, then you cannot be afraid,
Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Experience will make you as a better person in handling trading related things but everyone fails in crypto trading even one who mastered FA,TA,news analysis and everything because this is highly volatile market but they knows how to reduce their losses on certain conditions where rookies will lose everything. actually it is very easy to trade in crypto, if you master all the indicators, and the right analytical techniques, and some people also fail with indicators, the key is your patience
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Darktongue
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May 13, 2020, 06:11:29 PM |
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Do you wanna know how to trade briliiantly, then you cannot be afraid,
Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
This isn't trading section to discuss. Though this is very good post to inspire failed people. In real life this situation also same to everyone. Some people also like copy trading but once time this traders lose their money in trade. Although now you can learn trade without lose your money.
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tabas
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May 13, 2020, 07:44:30 PM |
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Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
This is wrong IMO. You can still commit mistakes and wrong decisions though you have the experience. Failing and learning is an unstoppable cycle, we've got to learn from it countless times.
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semobo
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May 13, 2020, 08:45:33 PM |
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Do you wanna know how to trade briliiantly, then you cannot be afraid,
Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Experience will make you as a better person in handling trading related things but everyone fails in crypto trading even one who mastered FA,TA,news analysis and everything because this is highly volatile market but they knows how to reduce their losses on certain conditions where rookies will lose everything. actually it is very easy to trade in crypto, if you master all the indicators, and the right analytical techniques, and some people also fail with indicators, the key is your patience Its easy to trade cryptos but its not easy to be profitable all the time, because even with all the analysis its not possible to predict the market movement accurately so being patience will help for long and mid term traders but day traders are just go with their luck.
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forexandcryptoauditor
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May 13, 2020, 08:53:39 PM |
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you are right to some extent but not completely. Here fail is nothing but loss. So if you fail and fail, again and again, you are in too much loss, and that's why it's very important while trading to have a good experience.
So, the solution to this is paper trading where even if you fail there will be no losses and you can learn from it.
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ShowOff
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Play Poker on Telegram
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May 13, 2020, 09:01:44 PM |
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Its easy to trade cryptos but its not easy to be profitable all the time, because even with all the analysis its not possible to predict the market movement accurately so being patience will help for long and mid term traders but day traders are just go with their luck.
Trading is an activity whose purpose is to make a profit which means that a trader must buy at a low price and sell at a high price. Cryptocurrency trading is not something easy, because there are many aspects that you have to consider before you trade and that is like exchange security, positioning, choosing trading assets, and so on. Patience is something that must be in a futures trader or what is commonly called an investor, and it is different from daily traders. Day traders must cutlose if prices dump and they rarely hold assets until prices up again. On the other hand, choice random asset for trading, no analysis, just hoping for luck, this traders are the same as gamblers. Many things must be learned if you want to trade, and it is not something easy.
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Google+
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May 13, 2020, 09:04:21 PM |
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you are right to some extent but not completely. Here fail is nothing but loss. So if you fail and fail, again and again, you are in too much loss, and that's why it's very important while trading to have a good experience.
So, the solution to this is paper trading where even if you fail there will be no losses and you can learn from it.
of course, by looking at the purchase history and recording all prices that have been bought can be a help to make good and correct trading, but there is one key that you still miss, patience in the world of cryptocurrency trading is very important because with patience you can get a lot of profit because when you can control your patience, you can get a lot of profit.
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key4co.in
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May 13, 2020, 09:26:38 PM |
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If you can control your emotions in trading, then you will excel. My experience as a trader was horrible from onset because I couldn't control my emotions, even after studying charts since I'm good with TA, I will still panic sell at dump. However, now I've grown pass that stage, hence I win at least 70% of my trades.
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