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Author Topic: Don't trade if you're inexperience rather stake your coins.  (Read 1161 times)
aioc
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September 17, 2020, 01:16:29 PM
 #21

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

Trading are for those who are very diligent, and who knows what it takes to successfully trade, unfortunately it's not for me, I've tried it twice but failed miserable I end up as a long term investor because there is still profit from HODLING although I know for a fact that there is higher profit from trading, I have to cut my loss and that is to stop and shift gear.

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September 17, 2020, 01:28:25 PM
 #22

Where do you see that potential signal? Did you analyze by yourself, or you just read from the telegram channel or website? If that so, I think that you should check on the other website, or you can analyze that coin/token. I think the crypto market gives you a chance to select any coins you want, but without analyzing the coin's movement, I am afraid you will miss something important that can give you the profit. We always need to learn trading to improve our skills, and even if we are pro traders, it doesn't mean we can still make a profit because we are human, which can make a mistake.

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September 17, 2020, 02:15:24 PM
 #23

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

Trading are for those who are very diligent, and who knows what it takes to successfully trade, unfortunately it's not for me, I've tried it twice but failed miserable I end up as a long term investor because there is still profit from HODLING although I know for a fact that there is higher profit from trading, I have to cut my loss and that is to stop and shift gear.
There are a lot of opportunities to generate an income here in crypto market but if you want a bigger one, trading is the best option. But i also believe trading is not for everyone as it requires more focus and dedication on the movement of crypto coins in the market so atleast you need to be knowledgeable first on the basics of trading. If you're not prepared for it, better try staking your coins or try investing into some of your potential coins.

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September 17, 2020, 02:23:52 PM
 #24

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

Well, don't stake your coins if you are looking to make profits from your crypto assets.The returns on the altcoin staking looks good in numbers but in the value the price may decrease while the locked time period which means someone needs intensive knowledge about cryptos analysis so they can pick the potential coin which don't disappoint in the long term.









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September 17, 2020, 02:30:19 PM
 #25

~ Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper.
This is a mistake. You didn't really trade here, you only followed a signal blindly without understanding whether it has been oversold or overbought. More than 90% of the time, you will get rekt if you follow these trading signals. They prey on gullible followers and subscribers.
You're wrong; I traded there, have  been into trade even with my inexperience skills but yet  made good gains. The said signal was 08-28-14:01:09(bought)  -  09-01-23:21:35 (traded) if you can analyze this better, any available signal at my end must be analyze before any action be taken. This was a pure and clear signal but something happened somewhere; hope am able to figure it out next time. Suggestions has been made here which I will run with this time.

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September 17, 2020, 03:18:34 PM
 #26

~ Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper.
This is a mistake. You didn't really trade here, you only followed a signal blindly without understanding whether it has been oversold or overbought. More than 90% of the time, you will get rekt if you follow these trading signals. They prey on gullible followers and subscribers.
You're wrong; I traded there, have  been into trade even with my inexperience skills but yet  made good gains. The said signal was 08-28-14:01:09(bought)  -  09-01-23:21:35 (traded) if you can analyze this better, any available signal at my end must be analyze before any action be taken. This was a pure and clear signal but something happened somewhere; hope am able to figure it out next time. Suggestions has been made here which I will run with this time.
This is getting more confusing now. I thought you created this thread because you are complaining that you've lost in trading but here you are saying that you've made gains. Which is it?

Can you clarify what this signal is? Did you get it from analyzing charts? If so, what were the indicators that you used? I thought you got it from trading signals of pump and dump groups.

What do you mean by "pure and clear" signal? If that's some sort of assurance that you'll profit if you follow it, I hate to break it down to you but there's no such thing. The data changes quickly and the market can flip in a matter of minutes. Even using moving averages, which I think are best for removing "noise", is never a guarantee that you'll get it right.
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September 17, 2020, 03:47:33 PM
 #27

~ Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper.
This is a mistake. You didn't really trade here, you only followed a signal blindly without understanding whether it has been oversold or overbought. More than 90% of the time, you will get rekt if you follow these trading signals. They prey on gullible followers and subscribers.
You're wrong; I traded there, have  been into trade even with my inexperience skills but yet  made good gains. The said signal was 08-28-14:01:09(bought)  -  09-01-23:21:35 (traded) if you can analyze this better, any available signal at my end must be analyze before any action be taken. This was a pure and clear signal but something happened somewhere; hope am able to figure it out next time. Suggestions has been made here which I will run with this time.
This is getting more confusing now. I thought you created this thread because you are complaining that you've lost in trading but here you are saying that you've made gains. Which is it?
It look confusing becasue of the highlighted text above. This trade brought me confusion becasue the same signals that worked for some trade are the same i applied here. News about the coins is all i want from groups and nothing more, after all they don't give signals and those that gave aren't good types(pump and dump groups).   
Quote
Can you clarify what this signal is? Did you get it from analyzing charts? If so, what were the indicators that you used? I thought you got it from trading signals of pump and dump groups.
I used Heikin Ashi: which i have been using for other trades.
Quote
What do you mean by "pure and clear" signal? If that's some sort of assurance that you'll profit if you follow it, I hate to break it down to you but there's no such thing. The data changes quickly and the market can flip in a matter of minutes. Even using moving averages, which I think are best for removing "noise", is never a guarantee that you'll get it right.
I still believe there was a sort of manipulation that lead me to a lost, maybe things do happen this way; just my first time of experience. Lesson learned

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September 17, 2020, 03:49:09 PM
 #28

Everything need a proccess, even I read some books the author always says that you can't get a consistent profit for two years in trading.

That has pointed out that trading is a difficult way to earn money. You need more time, money and your effort to make your trading system run properly for atleast you can minimize a risk.

All people can be a trader, getting money and even getting rich of it by doing hard work. But all people will broke if they just put buy and sell by his imagination or even other people suggestion.
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September 17, 2020, 04:21:37 PM
 #29

I agree that if you noob in crypto trading, staking is a lot better way to go. Right now I am on the other end of the spectrum, I have traded a lot, I have also invested a lot, but now I am trying to stake and picked myself couple of stuff that I would like to stake and invested into them and basically getting passive income from them.

It is not big and it will not change anything in my life yet, however the more I learn and the more I earn I will keep reinvesting it and eventually my aim is to have enough passive income to never work again. Surely I will work no matter what, but not because I have to but because I want to, that would be life changing. Staking your coins would allow you to have a big freedom from hidden poverty which is having to work or starve.

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September 17, 2020, 04:42:12 PM
 #30

Y’know, one thing with trading and the news is that those who fail in trading are never talked about , even they are talked about, not too many people get to know those stories. So, many people lose and as some would say – up to 95% or so loses their money from trading, but whenever single succeeds in trading and maybe becomes a millionaire, a lot of people starts talking about it and the news starts talking about it and it will make things seem like it’s easy while it’s not.

Trading is not for all, and people who are not good should stay away from it, you can still give it a try, it might be worth it.
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September 17, 2020, 05:02:07 PM
 #31

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.
Trading is not an ability anyone has within them you need to learn it, however there are several factors that could indicate if trading is for you, the first one is if you can take losses and accept them without going crazy, just look at any sport or competition and look at their participants you will see many go crazy when they lose and such people will never be good traders as they will forget whatever strategy they had and revenge trade immediately after a loss.

Another aspect is your patience, even with a good system you are going to lose several times in a row and if you do not have patience this is going to begin to bother you and you will make a mistake that will be impossible for you to repair if it is big enough.

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September 17, 2020, 05:08:40 PM
 #32

Y’know, one thing with trading and the news is that those who fail in trading are never talked about , even they are talked about, not too many people get to know those stories. So, many people lose and as some would say – up to 95% or so loses their money from trading, but whenever single succeeds in trading and maybe becomes a millionaire, a lot of people starts talking about it and the news starts talking about it and it will make things seem like it’s easy while it’s not.

Trading is not for all, and people who are not good should stay away from it, you can still give it a try, it might be worth it.

You need to have that determinations to achieved your goals, trading is not for all as it is. There are much higher chances
that you'll lose your capital than growing it, having a much deeper engagements and experiences gives you a much better
outlook if how you'll be able to find the ways in succeeding to this venue of business / investment.

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Harriti
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September 17, 2020, 05:22:12 PM
 #33

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.
No one knows the future nor does it spontaneously gain experience for themselves, all is a long and costly process. When we are wrong, we need to know where we are wrong and slowly improve our trading plan, and success will come soon. But not everyone can do it, which is very difficult because it has to do with emotional management, which a lot of traders give up in practice. So to be successful in this trade, you have to trade a lot of things. Anyone who is born can be a trader, the important is whether we try to overcome or not.


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carlfebz2
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September 17, 2020, 07:04:45 PM
 #34

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.
We do believe on a thing when it comes that there are things which arent really mean for someone, in no matter how you do try but you do still end up on failure but before you do make out some decision then try
to learn things up first and dont easily give up on just few tries.Experience cant really be get nor obtained on few tried and this one do take years and lots of efforts for you to do so.

For staking then someone can make this option but as mentioned by others that when it comes to profits then they do really differ but at least you are on the less riskier side but not all people are just fan of
waiting and sitting to get their dividends.

If you do saw that you do have the passion for trading then do it, its too early to say that you'll quit just because you do fail.
Hypnosis00
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September 17, 2020, 11:09:18 PM
 #35

In the first place, why I should take the risk of not knowing exactly the thing I have to start? I know that not all had come into trading never knows everything about trading, yes they might have some basic knowledge about this but basically, this is not enough to survive. But giving the tip that more experience gains more knowledge and that even they never know more about trading they still risk their money and life into there.

R


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abel1337
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September 18, 2020, 01:41:11 AM
 #36

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.
We do believe on a thing when it comes that there are things which arent really mean for someone, in no matter how you do try but you do still end up on failure but before you do make out some decision then try
to learn things up first and dont easily give up on just few tries.Experience cant really be get nor obtained on few tried and this one do take years and lots of efforts for you to do so.

For staking then someone can make this option but as mentioned by others that when it comes to profits then they do really differ but at least you are on the less riskier side but not all people are just fan of
waiting and sitting to get their dividends.

If you do saw that you do have the passion for trading then do it, its too early to say that you'll quit just because you do fail.
I agree with this, I also think it's too early to quit, Trading takes time to learn you can't just buy some token and wait for it to rise, Some research should be made. There are different techniques in trading and analysis that helps your trading to be more precise. You can't just win on one strike, Trading has a process and failure is one of them. Realisticly you can win a trade by just relying on others' prediction but it makes you less confidence with the trade you are doing and you can't blame anyone for the mistakes you have made.

Profit to risk ratio in trading is staking is different, well just pick what suits your lifestyle but telling everyone not to trade is not right, You are giving them some motivation not to give themselves a chance to experience trading.
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September 18, 2020, 05:30:06 AM
 #37

It is not possible to trade without risk you have to move forward with the risk but you have to have enough experience about the trade. It is not possible to rise without basic knowledge inexperience does not allow survival in the market. you need to practice the market well and try to learn the trading rules no one can go very far without experience. This is why many people lose everything and leave the trade and spend their days in despair. You need more than luck to succeed in affiliate business.
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September 18, 2020, 06:16:54 AM
 #38

Trading isn't for all just like staking is not for all, too.
The risk associated with trading is higher than staking, yes. But I am  still trading despite of the losses. Afterall, I already made a good step, build a good knowledge and tools when i started trading.

Staking is not for me as well. If some would rather choose staking rather than trading, let's just support them. Staking is also one good way to gain passive income with less risks.
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September 18, 2020, 06:34:52 AM
 #39

~
I still believe there was a sort of manipulation that lead me to a lost, maybe things do happen this way; just my first time of experience. Lesson learned
There's always manipulation my friend and it's more apparent in unregulated/less regulated markets like cryptocurrencies. Everyone is looking out for their self-interest and that's something you have to accept when you trade.

If I happen to become a market maker, I would also try to move/manipulate the price of a coin in my favor.

Trading indicators won't exactly tell you what's going to happen. It will only give you a hint based on previous data but that can quickly change. The reason why a lot of traders set up stop loss is because of that.
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September 18, 2020, 09:36:22 AM
 #40

~ Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper.
This is a mistake. You didn't really trade here, you only followed a signal blindly without understanding whether it has been oversold or overbought. More than 90% of the time, you will get rekt if you follow these trading signals. They prey on gullible followers and subscribers.
You're wrong; I traded there, have  been into trade even with my inexperience skills but yet  made good gains. The said signal was 08-28-14:01:09(bought)  -  09-01-23:21:35 (traded) if you can analyze this better, any available signal at my end must be analyze before any action be taken. This was a pure and clear signal but something happened somewhere; hope am able to figure it out next time. Suggestions has been made here which I will run with this time.

Then you just got lucky Becky, right? I mean, this was exactly what happened in 2017. Everybody was following every signal and influencer recommendation and 99% of coins including scamcoins did well at first.

So just be careful, this is the right time but it can all go bad very quickly. Limit losses!

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