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Author Topic: Is it time for us to get back to trading?  (Read 1328 times)
Findingnemo
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June 07, 2020, 09:31:24 PM
 #81

Generally this is our anticipation to return to normal levels which is actually on trading to transact somethings in business I think Sun were gradually lights up from the historical impact of pandemic virus at this season, so we could basically focus again to revert meaning that we are free from the grieve but awareness is advised such as social distancing because viruses are still slowly propagating throughout the  different country .
We can see there is a boost on the crypto trading volume on different exchanges so this means many people find the trading as an alternative method of earning money while sitting at their home so why not we get into the trading again.Crypto market got affected for many reasons in the past but still people are making profits from it so keep doing trading and learn better strategies to keep yourself in profits.

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pixie85
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June 07, 2020, 09:58:29 PM
 #82

Generally this is our anticipation to return to normal levels which is actually on trading to transact somethings in business I think Sun were gradually lights up from the historical impact of pandemic virus at this season, so we could basically focus again to revert meaning that we are free from the grieve but awareness is advised such as social distancing because viruses are still slowly propagating throughout the  different country .

I think that we are already in the "normal" since 10 thousand dollars for BTC is really a good level to start another big bull market from.

If we talk about the benefits of coming back to trading we should definitely point towards the price action on June 2 and again today. These sudden explosive moves are a great opportunity for a trader who can catch them.
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June 07, 2020, 11:23:41 PM
 #83

Generally this is our anticipation to return to normal levels which is actually on trading to transact somethings in business I think Sun were gradually lights up from the historical impact of pandemic virus at this season, so we could basically focus again to revert meaning that we are free from the grieve but awareness is advised such as social distancing because viruses are still slowly propagating throughout the  different country .
Trading will be a new job in New Normal, maybe that's what I think, because nowadays people working at home make want to try something new,
one of them is crypto currency trading  Cheesy
It is really a good time to learn to trade as we more engaging into the internet and home-based work where we are ample of time to monitor our trade but first, we need to examine ourselves if we are capable of doing this or we have enough knowledge about this, and most important thing is to know if we can manage to control our emotions. We can't just jump into trading without having these things because we are not risking our money in order to lose after.

We have to think that trading isn't an easy job, the risk is high and that is why we need to focus on it and should be determined in doing this.
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June 08, 2020, 12:25:38 PM
 #84

When it comes to trading, there are people who might have made mistakes and then took a break, went for more knowledge before coming back, that is to show there is never a bad time to trade. In my own opinion I would say, first ask yourself why you stopped and if you are going back, what changes are you going back with, this will enable you trade well and you can start virtually anytime you want. Good traders trades all the time because they know what they are after, thus also proving that, there is never a bad time to trade so far one is armed with the right knowledge and skills.

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June 08, 2020, 01:20:21 PM
 #85

That is how risky in trading you really experience a trauma after a big losses, it is hard to get back. If they really want to make money in trading they should not give up and I guess this is the perfect time to get back because the market is increasing slowly.
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June 08, 2020, 02:08:08 PM
 #86

Active trading is the act of buying and selling securities based on short-term movements to profit from the price movements on a short-term stock chart. Active traders believe that short-term movements and capturing the market trend are where the profits are made. Day traders typically suffer severe financial losses in their first months of trading.
The early days of trading are often times when investors lose a lot of money because very few strategies to use or no planning after buying puts traders at risk. Of course, anyone has been in this situation in the past, but if you don't give up and learn from those failures, then you will make a profit. I have stayed in this market for a very long time, but my market knowledge is still very limited.
A lot of traders had gone back to drawing board to restrategized despite losing a lot of money initially I believed studying the crypto market is very important and working on new strategy that is suitable to crypto trading, acquiring the market knowledge will ensure consistent profit making that is if a trader didn't give up trading by using the simple strategy of buying low and selling high is enough to make some profits.

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June 08, 2020, 03:58:13 PM
 #87

That is how risky in trading you really experience a trauma after a big losses, it is hard to get back. If they really want to make money in trading they should not give up and I guess this is the perfect time to get back because the market is increasing slowly.
Yes I also think now is the perfect time to do long-term trading, that's because right now I see Crypto market prices have started to rise, especially Bitcoin. So I think this is the right time to buy Bitcoin and hold it until a year later, I'm sure we will get double profit. And that's what I'm doing right now.
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June 08, 2020, 04:25:33 PM
 #88

Active traders believe that short-term movements and capturing the market trend are where the profits are made. Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status.

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June 08, 2020, 06:09:25 PM
 #89

Just because you are at home and bored, please do not start trading without knowledge at all. You are stuck at home but bitcoin has been online forever, it never became physical so its used to being there but you are not. If you start trading just because you got bored and you want to spend that time by trading bitcoin and seeing how you could fare, you are going to lose money and you will think that bitcoin trading is not a profitable thing at all, hence you will both quit but also tell people around you the same thing.

What you should do instead is learn how to trade from books, videos, classes and so forth and talk with other traders who are veteran at the job. That way you will be ready for trading when you actually good at it and know what you are trading.

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June 08, 2020, 08:43:34 PM
 #90

The only reason to stop trading is not knowing what to do with bitcoin when it goes down. When the price goes down and you are holding bitcoin, do not sell the ones you have (that would be a loss for you) but keep on buying and decrease the purchasing average that you have. If you have the chance you can short bitcoin as well.

However when it is at the bottom already, just buy as many bitcoin as you can and be patient, when the price drops that much the only direction is up and it doesn't even take that long to recover. So the only reason to stop was not really knowing what to do and aside from that you should have continued trading. If you stopped because you didn't know what to do, the only reason why you should come back would be learning what you should have done and start that, if you still don't know, keep away.
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June 11, 2020, 10:18:07 PM
 #91

That is how risky in trading you really experience a trauma after a big losses, it is hard to get back. If they really want to make money in trading they should not give up and I guess this is the perfect time to get back because the market is increasing slowly.
the law of trade is to seek the greatest profit possible,  but because of something it could not have been achieved, even loss. but I agree with you that you cannot give up and keep trying. now is a very good time to do, because it is estimated that in the next few months there will be a very significant increase until next year. don't let your guard down and lose the momentum.

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June 11, 2020, 11:53:49 PM
 #92

It is like alts season is around the corner. Most of the reputable project has gained above 100% in the past three weeks. Some even surpass 500% in two months interval like ZIL. Let's enjoy the ride why it last

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June 12, 2020, 01:09:45 PM
 #93

Active traders believe that short-term movements and capturing the market trend are where the profits are made. Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status.
Trading day is often very risky, but certainly if you have the knowledge, you can still choose a good time to make a profit. Some people are suitable for the bear market, and some people are suitable for the rising market, so in general, each trader will have different ways of thinking. Of course, I am not good at trading and only like a long-term investment because investing helps me light my mind compared to the trading day.

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June 12, 2020, 04:31:58 PM
 #94

Trading stocks the brokerage firm must receive your payment no later than three business days after the trade is executed. In practice the three-day settlement rule is most important to investors who hold stocks in certificate form, and would have to physically produce their shares in the event of a sale.
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June 12, 2020, 05:16:18 PM
 #95

The market is now gaining traction again like what happened at the end of 2018. If the market flows like this we can really expect to reach that price in Q1 2021. so if I were you I would take it slowly on getting back to trading especially when you are dealing crypto.
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June 12, 2020, 05:23:13 PM
 #96

Active traders believe that short-term movements and capturing the market trend are where the profits are made. Day traders typically suffer severe financial losses in their first months of trading, and many never graduate to profit-making status.
I doubt day traders "rarely reach to profit making" because if you a day trader and you do not give up, you learn so much about the trading world that eventually you got to a point where you know when to buy and when to sell because the changes are obvious to you, it is happening right in front of you, and all you need to do is be quick about it.

Sometimes even trading bots could do it, just check other prices on other exchanges and if your exchange is a bit behind buy it right away and wait for it to catch up and sell it. This is of course stuff that are under a minute and it needs to be fast but sometimes takes even longer and you can do it.

For example, I have done it multiple times with my local exchange, it has two level system where first we get bitcoin to dollar than dollar to my fiat and that is why whenever there is arbitrage I took advantage of it. You learn these things over time.

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June 15, 2020, 02:15:10 AM
 #97

Actually it depends on trader, his trading pattens. Most of alcoins dump without notice. So if you aren't an expart trader, day trading is not for you. If you think, market condition is suitable for you, then you can come back. Otherwise wait for perfect time

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June 15, 2020, 03:29:55 AM
 #98

Actually it depends on trader, his trading pattens. Most of alcoins dump without notice. So if you aren't an expart trader, day trading is not for you. If you think, market condition is suitable for you, then you can come back. Otherwise wait for perfect time
Definitely, most coins are volatile, if people can use that dump as an oppurtunity then they can buy them at lower prices then make a profit when the prices are going up, this is not advisable when you want to earn a quick cash because dumps could last for months. The quote above states that you shouldn't do day trading, I think that is a bit not right because if you come prepared to do day trading then you can learn as much as you can even though there are losses, I do think that everyone can trade and success only comes to those who were prepared.

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June 15, 2020, 04:48:24 AM
 #99

Actually, there is no perfect time for good trading, good traders do trading everyday, they don't care even though the price of the bitcoin is low or high. It's just a matter of luck and skills so you could win in trading, it's good if you do trading because you may earn more, do not lose hope when you lose in trading because that is part of your experience, that is really normal.

If you do trading, do not mind whether this time is good for trading or not because every day is a good time for trading. Just trade every day but also be careful and know your limits.
because some traders of course still have a lot of trauma to return to trade, because there may be a lot of losses from a number of traders who have experienced a very deep decline, and for example we did not return to start trading, when else can our losses recover soon, I ask for advice and opinions with the big traders here?

Does a trader stops trading when the market goes red? I think not. Day traders or short traders won't stop trading because the price are always moving regardless if its gaining percentage or lossing in a 24hour price comparison.
I guess you're a bit confused about trading and just hodling (basically long term trading).

Indeed, they don't mind whether the graph is red or green they just going to trade whenever they want to do so, that is what good traders are.
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June 15, 2020, 07:27:37 AM
 #100

In principle, I did not stop trading, because the broker Amarkets offered very good conditions during a pandemic.

thats nice . good for you because you didnt stop for a while because if you did you may not be able to see that nice offer while most traders did stop temporarily trading due to limited or lack of funds , the traders were got affected by the pandemic. 

speaking of pandemic , economy right now is starting to resume and pandemic free . coins were also spotted recovering , i think this is now a sign or a good time to come back again on the trading scene .
It's always a time to trade if you know how to trade! Normal businesses maybe affected strongly by the pandemic, however, the cryptocurrency market isn't affected that much. This market just doesn't work that way. The value of different coins fluctuate constantly and regularly based on their own projects' development. A good trader will ride the wave to jump in and jump out to earn profit based off the fluctuations.

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