celot
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October 28, 2020, 06:48:32 AM |
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I believe everyone and anyone that wants to start trading should first understand the risk involved. It is not a get rich quick scheme. To be a successful trader requires a fair deal of experience. Experience you gathered yourself or from others. Even with the experience and skill, the likelihood of losing your money is not completely eliminated. To trade, you must be ready to make losses, you must be strong enough as well to pick yourself up after the losses and brace up for profits ahead. This is trading.
And all the unnecessary things you can avoid by doing Research Research Research. You must chose good coins to trade and your strategy will be productive. If you want to trade, learn to trade properly. Only a experienced trader know how to deal with risk, how to overcome this high volatile market and actualize appropriate procedure. Research is most important before trading but I think have the way what is most important than research like trading with new coin wanna list on big exchange like Binance and Huobi, both exchange give very bigger impact to make coin price touch to higher. Another way how to get profit when trading is always update information about coin wanna trade like will be burn their supply and exactly you can take much profit, check what happen with TWT coin after burning could be pump from 0.032$ become fantastic price up above $0.14 and many people get much profit, but never hold long term after get your profit because not coin have stable price with keep on higher, have moment for many coin back to lower price after many investors sell coin together.
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Hypnosis00
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October 28, 2020, 06:57:38 AM |
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Trading won't actually work perfectly at first, therefore, we can't expect that making such a thing will give you an instant return. I suggest to stop hallucinating yourself with that quick-rich scheme coz it is really different from the actual scenario.
The other thing is that, don't underestimate the market, risk had to face hard but if that is manageable for you, then you will see yourself ready for any results that will happen later. It is very important to know our capabilities, putting our money into a thing that we've never know yet, it is just like a suicide.
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xSkylarx
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October 28, 2020, 10:08:35 AM |
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If you Want to be successful trader you better learn hard as you can the techicals.
As they say, there is no easy way to become successful. Anyway, I don't see the relevance of this post. The title says he has advice but you didn't give anything to help the members here. If you want to help, give some tips based on your experience. Even if it doesn't help to be successful, atleast we will know how to learn from what you shared.
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Tingtong
Jr. Member
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Activity: 490
Merit: 1
https://www.xsl-labs.io
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October 28, 2020, 12:42:48 PM |
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If You start trading and you have no clue about techicals or no help from someone who knows You will lose your money likely.
You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!!
If you Want to be successful trader you better learn hard as you can the techicals.
Yes if anyone wants to trade first need hard try for learning about altcoin. If you have gold you can invest in some altcoin but if you think it is high risky only you buy bitcoin and hold for some time. I hope after three months you get back double money.
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XSL Labs ◉ SECURITY OF PERSONAL DATA ◉ ▬▬▬▬▬▬ https://www.xsl-labs.io ▬▬▬▬▬▬
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sgenuine
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October 28, 2020, 02:01:28 PM |
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Perhaps, we all know that nobody's perfect here by doing trade in every exchange site platform. That is why as an individual traders in crpytocurrency knowledge is very important here because without this thing for sure the word successful won't happen. But if you have knowledge earnings will follows for sure.
I might not open a secret if I tell you that many traders simply use the scheme “I buy when tokens are cheap to sell them when they are expensive”. It will not work for the cryptocurrencies, as you cannot ever predict the price of the token.Crypto trading is very complicated business.
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Spack17
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October 28, 2020, 03:52:44 PM |
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Everybody knows these things you say but they are hard to be implemented. It is not enough to know them, we will also need to implement them. For that, we need to lose some amount and experience it.
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asus09
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October 29, 2020, 10:18:48 AM |
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If You start trading and you have no clue about techicals or no help from someone who knows You will lose your money likely.
You will fall in fomo and fud no matter what the Good news and bullish market out look the techicals analysed correctly never lie to You!!
If you Want to be successful trader you better learn hard as you can the techicals.
Yes if anyone wants to trade first need hard try for learning about altcoin. If you have gold you can invest in some altcoin but if you think it is high risky only you buy bitcoin and hold for some time. I hope after three months you get back double money. Don't worry when have not clue and technical when trading because you can waiting for after bitcoin really drop to lower price, you have chance to get coin after drop price and waiting bad news for buying. Change your mind and looks different from the other because many trader buy after getting good news and selling when have bad news, You just do except them always buy when have bad news with new coin and always selling after have good news. Will give way how to get much profit later if you keep doing this way when trade and never brave yoru self for buying when coin have touch higher price.
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| | . Gamdom | │ | 15% | . CASHBACK FOR THE FIRST 7 DAYS | | | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | █████████████████████████████████ .
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sambuddha
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October 29, 2020, 12:16:46 PM |
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The advice I received from a successful investor is that if you are not learning to trade well then just invest and hold .Being an investor is also hard. You must have a steely patience. The shorter your time horizon, the more you’re speculating and the less you’re investing)) My advice is to constantly learn something new about cryptocurrencies. This is the only way to achieve success
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Dorodha
Member
Offline
Activity: 252
Merit: 11
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October 30, 2020, 12:41:38 PM |
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First of all, we have to separate investment and trading investing means owning an asset and holding it for a reasonable amount of time. In this case, you have to be aware of what you are owning that is why the fundamentals have to be analyzed. Also invest in a slow-moving mindset to avoid greed fear and speed the biggest weakness of new investors is probably the mentality of making big profits in the fastest time. Seeing the market is very volatile you have to start with small capital.
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Inkdatar
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October 30, 2020, 03:52:37 PM |
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The advice I received from a successful investor is that if you are not learning to trade well then just invest and hold .Being an investor is also hard. You must have a steely patience. The shorter your time horizon, the more you’re speculating and the less you’re investing)) My advice is to constantly learn something new about cryptocurrencies. This is the only way to achieve success In trading it is important to learn those technical analysis and this will guide on your trading journey. The term hold is not applicablle to all coins so an investor should know also the risks when trading coins. That's true trading hard specially without knowledge on it. The more you are determined and willing to learn a success will have coming your way.
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salil1205
Newbie
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Activity: 1
Merit: 0
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October 30, 2020, 04:40:36 PM |
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Freelancers Website Should accept Cryptocurrency I strongly advocate reputed freelance marketplaces like fiverr.com freelancer.com upwork.com needrr.com should start accepting BTC. It is more appropriate for them to promote crypto just like they promote freelancers. Investors for BTC will be more benefitted if currency is widely used specially in online marketplaces.
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Xembin
Jr. Member
Offline
Activity: 84
Merit: 3
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October 30, 2020, 08:15:33 PM |
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Good for every investors to have a facilitator who will help them to achieve their goal. Many people think they can do it allow without any body support or advise on how to trade to make a good profit. Many who try to invest without facilitator beside them loss all their coins at the end of the trade. It will be your benefit if you allow them to teach you how to trade and get a good reward from your trade.
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BuNga_cute
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October 30, 2020, 11:36:09 PM |
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It is true that to become successful traders you need to learn about technical trading. Otherwise we will fall victim to FOMO and FUD. By mastering technical analysis we can read trading charts and can determine buying and selling prices. The better our technical analysis skills, the more accurate predictions of price movements in the market that we make. I have studied technical analysis in crypto trading since 2016, and I really mastered it in 2019. And from 2019 until now my trading portfolio is getting better when we can do technical analysis well.
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boyptc
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October 31, 2020, 05:45:35 PM |
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The advice I received from a successful investor is that if you are not learning to trade well then just invest and hold[/url]
Better choice. But it's not a good thing that you will attach some link with what you're saying and we have no idea what it is. Investors tend to invest and wait until the money comes into fruition. While traders, work as much as they can daily or every other day, depending to their technique and I find it exhausting.
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