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Author Topic: You can enjoy crypto currency  (Read 309 times)
GreatArkansas
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August 16, 2020, 10:31:10 PM
 #21

(....)
Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.
I also don't agree on this part. Even how big or small your capital is, it will still depends on how you will trade, like the risk management or the risk:reward ratio.
Even your capital is small, your profits will be few so your loss will be only few. So if your capital is big, huge loss comes with huge profits also.
That's why even your capital is small, if you are a well and good trader, you can make that capital to generate a profits.

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August 16, 2020, 11:15:07 PM
 #22

To enjoy crypto currency trading, you need to have a good inflow of cash. Because as a trader, the fastest route to profit is trading with huge capitals.
Advantage of small capital: With small capital, you get to practice alot, you get to learn and not feel at loss, but you cannot be a million over night.
Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.

This is why you need consistency in knowledge, patience and emotional balance.
The disadvantage of having a big capital, if the market swings.
You'll be the first to see how big your losses are.
But it's normal, a huge gain, a huge loss, having big risk, big rewards. Once you have been part of the swings, you'll enjoy the trip, highs and lows.

This is what goes around comes around. It is either you gain or lose and it's either you lose big or you gain big. So, whoever is ready to or want to deal with something big should always believe for any directional move.
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August 16, 2020, 11:29:58 PM
 #23

To enjoy crypto currency trading, you need to have a good inflow of cash.
I am not a good or professional trader. But what I always do is that whenever going for trading, never use the money that is used for your necessity. Always use the free money in which that is really available for trading. For, we will never know what we will gain in trading, profit, or loss. Thatis why we must take the safest way.

If we are a newbie, we can start by learning from the DEMO application if any. We can also start from a small amount for learning to trade. In this case, never think about the double profits at first. just know your own system in order to manage your strategy and also ways for trading, choosing the right coin for your own trading, and also your thoughts of risk-taking and fund management.

later, the funds will be following if you are really ready for trading bit physically and also by funds availability.

R


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August 16, 2020, 11:37:12 PM
 #24

Small capital is better, but if the estimated capital is below $50 in my opinion, it is not very good if it is used for short trades and the late results may be a little wasted unless you can ensure that the coins purchased are able to go up to 50%-100% in a short time I think it's worth it, it's just that getting coins like that is very difficult.

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August 16, 2020, 11:47:45 PM
 #25


This is why you need consistency in knowledge, patience and emotional balance.

Your submission is good to be a good trader but the idea in your post isn't totally accepted for me to be a good trader. If as you said to trade with huge investors, also remember that no prediction or analysis is perfect and that means it can also fail. So to avoid huge losses, is better to trade small to accumulate profit.
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August 16, 2020, 11:55:24 PM
 #26

Small capital is better, but if the estimated capital is below $50 in my opinion, it is not very good if it is used for short trades and the late results may be a little wasted unless you can ensure that the coins purchased are able to go up to 50%-100% in a short time I think it's worth it, it's just that getting coins like that is very difficult.
it is very difficult to know what coins have fast price movements but I am sure there are some altcoins that can provide a 50% profit some time ago there were some coins that could get that much profit, so keep an eye on the exchange and as much as possible to get into it. coin that has real potential.

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August 17, 2020, 01:56:42 AM
 #27

Well you cant really get rich in trading if you use a small capital but you can learn many things through your experience and in the process. Its better to take the path of slowly but surely rather than risk your money just because of your intention of earning huge in a short period.

Nevertheless it all depends on our strategy, if you already gain knowledge and aware of what to expect in trading then you can do what you think is a best plan to gain huge. If you're ready for the risk and outcome of your actions then the decision is yours.

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August 17, 2020, 02:33:44 AM
 #28

High risk, high reward. We all know that trading is risky that even experts experience losses. The market is difficult to speculate and has high volatility. It also requires knowledge, experience, and good technical analysis skills to lessen the risk. It's true that if you have a high capital the potential earning you can have is higher, but the same goes for the losses. Just trade what you can afford to lose, being greedy and emotional will make you do unnecessary decisions.
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August 17, 2020, 04:16:29 AM
 #29

Cryptosphere is both challenging, exhilarating, like a roller coaster ride, amidst volatility and extreme highs and lows. One needs to educate themselves, and apart from the market, take care of their own mindsets too, because trading can take a very dear personal toll.
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August 17, 2020, 04:27:10 AM
 #30

The cryptocurrency space is not a investment for your enjoyment. This is the asset where you have to ake more than enough risk than any other market say; Gold and silver. But you have to invest very wisely as per your your requirement and the funds you have in your hand. Again, you will get a edge if you have huge capital. By this you can trade sufficiently and within a week you may be a millionaire.

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August 17, 2020, 05:33:53 AM
 #31


Being a millionare over night with huge capital in trading? With 100x leverage if you trade the whole bitcoin you can actually make it if's:
-you are very sure about your entry
-no sideways
-no whales
-exit in good entry point

Then, you can have a good profits with huge fund of course. But with big leverage, the liquidation point is also near.

But, even those with small capital can make a millions, too. With good strategy, good way of technical analysis. The market is more complicated, more tricky and volatile. Being a good trader needs a lot of experience, does not depends on how much funds only.
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August 17, 2020, 05:37:32 AM
 #32

With a lot of funds, can we dominate the market price? In the world of trading, risk management is the key. having a lot of funds or small funds we will not be able to become millionaires in one night without risk management.

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August 17, 2020, 05:38:33 AM
 #33

that is the profit side that we can see if we have a lot of funds to trade. Of course, by having a lot of funds, the benefits we can get will be even greater, and make it easier for us to become millionaires. it's just that, what we need to know in the world of trading is, the benefits we can get are proportional to the risks we can accept. the more funds you use, the greater the risk you lose. well, it's a comparable result. these are the basics of trading.
It's true! If we have a lot of money to invest then I think it'll be easier. The rich gets richer! The fact is that not a lot of people invest too much money in this cryptocurrency market, therefore, the case is not realistic. Furthermore, the more money we use to invest, the more risks that we have to accept. I don't think any people with no knowledge and a lot of money can accept the risk that they will lose their money for something they don't fully understand!

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August 17, 2020, 05:55:45 AM
 #34

With a lot of funds, can we dominate the market price? In the world of trading, risk management is the key. having a lot of funds or small funds we will not be able to become millionaires in one night without risk management.
That's true! Not only risk management but also proper knowledge about this cryptocurrency market. I think the most important thing people need to have if they want to be successful in this market is that they need to learn fundamental and proper knowledge, skills, techniques to use in this market. Without having any of those, they can't be successful even they have a lot of money to invest. Risks exist!

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August 17, 2020, 06:00:38 AM
 #35

Whales are doing it and they know already the worst case scenario that will going to happen with them if market will be crashing. It will be having a hard time for them to recover too and that if will only market going to recover. This is why in trading crypto it is wise to be a short term or long term holder than trading. I have seen a trader here wanted to earn in trading and the result is negative which means that he may having losses than profit.

Short term hold and long term hold is good especially if one knows when to buy and when to sell depending on their preferred or the target earnings to make.
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August 17, 2020, 06:32:03 AM
 #36

Trading is enjoyable if profit is inevitable and with much money on hand there are no room for regret or whatever bad decisions upon trading. I am not expert on trades but it's a roller coaster ride in my opinion because every decisions are vital and one wrong move it would be a result to a loss. So, that's why basic fundamentals should be given priority especially controlling the emotions so that greed will be avoided.

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August 17, 2020, 07:44:01 AM
 #37

Trading is enjoyable if profit is inevitable and with much money on hand there are no room for regret or whatever bad decisions upon trading. I am not expert on trades but it's a roller coaster ride in my opinion because every decisions are vital and one wrong move it would be a result to a loss. So, that's why basic fundamentals should be given priority especially controlling the emotions so that greed will be avoided.
Actually there is always ups and downs. Trading is more than just a happy hobby. Some on the market almost cursed trading for losing fortune and some praises it like good thing I did it and join. Its really a fun activity but we must remember that doing so is lot of effort within the knowledge market could impart us. I swear Ive traded and won 1 eth, and its already a good profit for me. Just always be wary that trading is really risky.

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August 17, 2020, 07:48:57 AM
 #38

You don't actually start with having a capital in the Cryptocurrency Industry since you can gain money from the Industry without even having any Cash-In's. You just need to look for some campaigns that will surely give you knowledge regarding how the Cryptocurrency Industry runs. Those campaigns will give you significant amount of Alternate Coins once you completed their requirements for doing those campaigns. You can also enjoy Cryptocurrency by learning about the different platforms we can use it on.

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August 17, 2020, 07:55:49 AM
 #39

You can enjoy it only when you have good knowledge of trading. Because you can't go far without the knowledge of trading. The amount of your funds does not depend on the profit, the profit depends on how efficient you are trading.

You have to go to the pump and dump to get millionaires overnight, and you'll understand how dangerous this pump and dump is when all your funds are lost. So if you can trade well in the market, you can make a profit. You can enjoy it when you understand the market movement.                         

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August 17, 2020, 08:02:34 AM
 #40

You have to go to the pump and dump to get millionaires overnight, and you'll understand how dangerous this pump and dump is when all your funds are lost. So if you can trade well in the market, you can make a profit. You can enjoy it when you understand the market movement.                        
It sounds profitable but it's risky tho.

If you will join the pump and dump I guess you need also to have the right timing when you will dive and get your profit. Because you will never know when they will have a plan to sink the boat and jump into ather boat and pump and dump again. This is the group of people that only the organizer will earn big profit than the members.

Cryptocurrency earning through trading is required a heavy skills. You must know how market moves and apply your TA and execute in the right timing is a better idea. But this is a very hard task to do.

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