HOW TO BECOME SUCCESSFUL AT CRYPTO TRADING

[imstillthebest]

In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.

 

On the contrary, there are traders who also able to recover after being down for the last couple of years as you mentioned.

You will just lose if you give up. Dealing and playing with the volatility is the challenge here. Don't focus on how much you lose but think of a way how to maintain winning stats. Learn to make strategy at any given trend. There is no perfect trade as even professionals still lose today.

If you think you can't handle your losses then better refrain doing trades.

I was once poor in trading. I experienced zero percent income and 60% losses in my portfolio. I hold coins before because of a FOMO. I did not use stop loss technique and I thought that trading is really simple in math.

But all of that was eliminated when I tried to study the market, search for trading tutorials, plan my execution and determine my risk management skills. Although, I can say that I am not a pro trader till today because I have still guts in buying coin and I am a small trader until now. I can say that trading never fails us but we fail it when we start to despair from our trading activities. Don`t lose hope and continue what you are started.

nice to know that you have learned from your mistake already and i assume that you already recover some of your past losses . i was about to give up to before not on trading but in crypto in general because i find it hard to learn and i did fail because of some mistakes ,

i took a rest and decided to try again . im lucky because on my next try things seems good to me know .  we can be succesful in everything not only on trading if we will know how to stay persistent in the game  .

[traderethereum]

I was once poor in trading. I experienced zero percent income and 60% losses in my portfolio. I hold coins before because of a FOMO. I did not use stop loss technique and I thought that trading is really simple in math.

But all of that was eliminated when I tried to study the market, search for trading tutorials, plan my execution and determine my risk management skills. Although, I can say that I am not a pro trader till today because I have still guts in buying coin and I am a small trader until now. I can say that trading never fails us but we fail it when we start to despair from our trading activities. Don`t lose hope and continue what you are started.

We all have a bad experience in trading, but we don't have to give up because behind the loss, there is some lesson that will be useful for us.
If we know what the mistake is, we can try to research how to prevent that mistake, so we don't have to make the same mistake in the future.
If we don't know the mistake that we made, we need to take a look and take a rest for a while, so we can think about what we should do to prevent the other mistake.
That will need time before we can improve our trading skills, but that will be worth trying to learn from our mistakes because that can help us to grow in the future.

[Oasisman]

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i took a rest and decided to try again . im lucky because on my next try things seems good to me know .  we can be succesful in everything not only on trading if we will know how to stay persistent in the game  .

Experience as I always say will always be the very fundamental of successful trading, and of course to gain a lot of experience you need to be persistent and passionate about everything you do. Thus, learning from the past mistakes will make things right. Losses are inevitable, and you must be willing to trade/invest what you can afford to lose.
This is a very basic and generic advice, yet It's actually a hard thing to follow, but anyway I'm glad you have overcome the disappointments about your losses before.

[Yamifoud]

The main goal in trading is to become successful amidst the risk. The most reasons why some traders never succeed and quit from trading are because they are afraid of failure, negative mindset, and lack of knowledge. If we are about to acquire that knowledge and skills, turn our negative minds into a positive one, and getting strong to face the risk will it drive for successful trading experience? The big challenge for us now is how to perfectly manage our emotions and go straight to what we plan and aim for.

[Kasabus]

The main goal in trading is to become successful amidst the risk. The most reasons why some traders never succeed and quit from trading are because they are afraid of failure, negative mindset, and lack of knowledge. If we are about to acquire that knowledge and skills, turn our negative minds into a positive one, and getting strong to face the risk will it drive for successful trading experience? The big challenge for us now is how to perfectly manage our emotions and go straight to what we plan and aim for.

Yes. Crypto trading maybe considered a very risky activity but it has full of challenges where you can make lot of opportunities to make money if you know how to deal its risks. Trading can be learned eventually if you just keep on trading and even if you often committ losses which is inevitable, never leave trading because you won't make huge profits by creating shortcuts.

[FanEagle]

The best way to actually make money from crypto trading is to find a way to make an income that you will put towards bitcoin at all times. The best method to make money is to put money every month (or every week if you can).

I know a guy who has been putting 100 dollars into bitcoin since 2014 crash period. He bought some bitcoin in bulk back before the crash in 2014 and it was around 1400 and dropped to 250 dollars and we talked about how much money he lost (around 3k) and he was not really hurt by it. I asked him why he felt okay about all of this and he said he trusts bitcoin to recover eventually, even if it takes years and it actually did take years but that dude put up 100 dollars per month and now made so much profit yet he still continues like nothing changed, he didn't even sell during 2017 peak and still continued to put money into bitcoin.

[mersal]

The main goal in trading is to become successful amidst the risk. The most reasons why some traders never succeed and quit from trading are because they are afraid of failure, negative mindset, and lack of knowledge. If we are about to acquire that knowledge and skills, turn our negative minds into a positive one, and getting strong to face the risk will it drive for successful trading experience? The big challenge for us now is how to perfectly manage our emotions and go straight to what we plan and aim for.

Trading won't be suitable for everyone, especially the one who invest their part of their salary amd wanted to multiply that is why they can't be successful, they are afraid of losing but if they save small amount every month and allocate separate capital for cryoto trading itself will change the things a lot.

[Oilacris]

The best way to actually make money from crypto trading is to find a way to make an income that you will put towards bitcoin at all times. The best method to make money is to put money every month (or every week if you can).

I know a guy who has been putting 100 dollars into bitcoin since 2014 crash period. He bought some bitcoin in bulk back before the crash in 2014 and it was around 1400 and dropped to 250 dollars and we talked about how much money he lost (around 3k) and he was not really hurt by it. I asked him why he felt okay about all of this and he said he trusts bitcoin to recover eventually, even if it takes years and it actually did take years but that dude put up 100 dollars per month and now made so much profit yet he still continues like nothing changed, he didn't even sell during 2017 peak and still continued to put money into bitcoin.

Pretty sure that he do really have that regret deep inside on not to sell out that peak.We might see those numbers again in definite time but since he do aim
for long term then that wouldnt matter or affect that much but we cant deny that regrets on best time to sell is there.

Being successful cant really be rushed and would really takes time and this is why its important that we should mind on how to be profitable because that would
significantly shows that you are doing pretty well.

[dentolas]

I think some traders were just lucky, but most of them had to study a lot about their possible investments, be pacient, forget greed exists and embrace the math, it seems easy and during a bull run everyone makes money, but I believe that to be consistently getting an income rom trading you need to work a lot ...

[Renampun]

being successful in cryptocurrency trading is not easy...
the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.

[Dr.Osh]

being successful in cryptocurrency trading is not easy...
the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.

yes, it is not easy. in fact, there are still many people who are old and accustomed to trading, but it is still quite difficult to make a profit. Well, maybe consistent learning continuously and never gives up will make you look professional in trading. however, there is no guarantee that you will succeed from trading.

[Lorence.xD]

being successful in cryptocurrency trading is not easy...
the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.

The answer in my opinion is fairly subjective because people have different experiences and in a sense their decisions and how they succeed differs too. For all aspiring traders including me, patience is the biggest thing and always learn new things, success is not a race and we all have our moments and breakthrough, just do what you do efficiently and reward will come in time.

[Shasha80]

One of the opportunities to make money in cryptocurrency is by utilizing volatile crypto prices, in pandemic situations such as now,
many people lose their jobs and trading crypto is the solution. With crypto trading at least you can make money to meet daily needs.
To be a successful crypto trading requires expertise in reading market movements as well must be able to control emotions, if both of
these can be fulfilled then you can become a successful crypto trader.

[cryptoangel]

Nowadays successful person was comes in the failure. So we must try constantly in crypto trading it will guide the perfect trading strategy. We are analyse the Token and coin because few tokens are make more profit in crypto platform and So we are invest both coins and tokens investment is better successful for me. May be it was hard to survive in all the platform so better gain some knowledge in trading and success in Crypto Trading.

[michellee]

I think some traders were just lucky, but most of them had to study a lot about their possible investments, be pacient, forget greed exists and embrace the math, it seems easy and during a bull run everyone makes money, but I believe that to be consistently getting an income rom trading you need to work a lot ...

Sometimes, the luck factor comes to us at the right time, and we don't have to analyze deeper, and we can make a big profit. But the luck will not always come to us, and we still need to analyze to find the time to trade. I also believe that if we can learn more and more about trading, we can be a professional trader in the future, and we can also have a chance to improve our skills to be better than before. But remember, we need time to be that professional trader, and we don't have to give up.

[Assface16678]

Some of the people think that trading with the use of the cryptocurrency is the easiest thing we could do to make more money easily but this is wrong because even not in cryptocurrency still trading is one of the riskiest things we could do it requires a lot of knowledge, skills, and experience. Some of the bullionaire takes a lot of failure on their trading so it does need to have a lot of time allotment to perfect and make good trades.

One of the opportunities to make money in cryptocurrency is by utilizing volatile crypto prices, in pandemic situations such as now,
many people lose their jobs and trading crypto is the solution. With crypto trading at least you can make money to meet daily needs.
To be a successful crypto trading requires expertise in reading market movements as well must be able to control emotions, if both of these can be fulfilled then you can become a successful crypto trader.

If you feel you can do and win your games on trading why not make a full tome on it but not all the time the market there is a huge change and makes a good market volatile still sometimes it becomes a stable for a couple of weeks or months and that was a huge loss to your daily or monthly quota to work on it.

Nowadays successful person was comes in the failure. So we must try constantly in crypto trading it will guide the perfect trading strategy. We are analyse the Token and coin because few tokens are make more profit in crypto platform and So we are invest both coins and tokens investment is better successful for me. May be it was hard to survive in all the platform so better gain some knowledge in trading and success in Crypto Trading.

Failure is the greatest success learn from the failures of other people and to your self by that there is a chance that you will become a successful person not only in terms of trading.

[chip1994]

The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.

 

This is the 80/20 rule. Successful traders in financial markets count on their fingers. According to a survey in the US financial market, more than 90% of traders failed transactions and lost more than $ 15k in the first 3 years. Therefore, it is not easy to become a pro trader. We have to accept the loss of money and time to later be able to make a lot of money here. Of course, from now on we have to learn a lot and start trading with our small account to recognize our basic mistakes. Give the amount you accept to lose and it will not affect your life. That is my sincere advice.

[RealMalatesta]

The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.

 

This is the 80/20 rule. Successful traders in financial markets count on their fingers. According to a survey in the US financial market, more than 90% of traders failed transactions and lost more than $ 15k in the first 3 years. Therefore, it is not easy to become a pro trader. We have to accept the loss of money and time to later be able to make a lot of money here. Of course, from now on we have to learn a lot and start trading with our small account to recognize our basic mistakes. Give the amount you accept to lose and it will not affect your life. That is my sincere advice.

That loss of money is actually what we call experience. You lose money to consider what could be profitable and it doesn't even have to be on your first years.

Let me tell you about what happened to me recently and what I have learned in the hard way. I have been doing stock market investment for over 10 years now and on average I managed to make 20% return per year, which is not bad at all however I deal with small numbers so it wasn't really big deal to me (think of less than 1 thousand dollars).

However in the last 2 years I have managed to drop that to 18% first and now its all the way down to 10%, and I didn't just drop to 10% profit, I mean on average for past 10 years, which means I lost a ton of money this year, moving a ton of stocks away whenever I can. I have learned something after 10 years of investment lucratively.

[Ryker1]

Well, I dont see any successful traders in crypto. They dont have consistently gained profit or let say in other terms they dont have losses even they are in trading for how many years. I perhaps consider as good luck in trading, because for me, --trading is a sort of gambling that involved risk and anytime somehow you perhaps lose or if you are in good luck you may be gain profit.
I rather prefer to say you are prepared very well in trading and full of knowledge, your best weapon in trading. To have better chances of earning and have an advantage among other traders, because trading is also a sort of competition, indeed.