I'm very worried about my Crypto Trading.

[Betaj00]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

[1714102230]

1714102230

[1714102230]

1714102230

[Shohanur]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

As you are new in trading platform, you should learn the basics of trading. You need more market analysis. I'll suggest you to go for day trading. Try to earn 4-6% profit at a time.

[MiningBattalion]

You should have two things in trading of crypto currency.Firstly you should analysis the market very well and try to buy the cryptocurrency at low price.Then you should have a mind of patience and hold till the price reach of the maximum from your brought price.After selling at good price,you can making a decent income from it.

[BitMaxz]

There is no easy money in Crypto trading that's why you lose profit because you always worried if the price might goes down or if the price will drop more that's why you end up selling your holdings.
You should control your feelings and always do the basic "buy low and sell high" so you must hold your coins even the price drop around 5-10% or more if you don't want to lose you should hold it until the price recover and make your profit.

There are so many strategies on trading crypto you must learn about them and appy it to your self.
Try to read this below this is good source of learning about trading crypto.
- https://github.com/learn-crypto-trading/learn-crypto-trading.github.io

Not all strategies are there but there are so many strategies that you can learn like technical analysis.

[Kupid002]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

That's not how it works tried to learn how this trading works before trying it on your own it's really helpful if you have mentor or friends that will guide you what to do. Too risky for you because you don't have enough experience doing that and doing this now means possible lost on your side. Don't do it that way try to learn it by searching and watching videos and tips from professionals traders.

[crwth]

If you are concerned with trading and asking about it, I suggest you study first and be confident when applying what you have learned. Many people are profiting from trading because they have trading plans and strategies to approach their trades.

Others, like me, rely on automatic trading software like Gunbot to trade for you. If you cannot entirely focus on trading, adding this tool could improve your trading, and you can trade 24/7.

[ChronoLite]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

i think it is just an unfortunate moment for you to buy at that time, maybe the time is not correct and always went to red. maybe you need to learn how to manage your money and learn how to read the candles and read the event also prediction could help you really much, you will get at the point that you can generate income from there

[Lakai01]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

I'm sorry if I tell you this so directly but:

If you have to ask this question, please keep your hands off trading and give it a wide berth, especially if you are doing it because your coins are all in the red.
There is a very famous quote you might already know:

The stock market is a device for transferring money from the impatient to the patient.
Warren Buffett

Trading on a whim - or because you want to win as fast as possible - will therefore lead with a very high probability to the fact that you will lose many more coins.


It sounds so simple at first: I buy when the price is low and sell when it is high. Or vice versa and then have more BTC/AVAX/ETH/...
But that is not it. Look at the statistics of professional traders. You can see very quickly that in 100 trades, they are also 45 - 49 times wrong. The few trades that are successful make them the profit.

It is a very hard, stony and paved with many losses way until you can actually earn money by trading. If you are really interested, I suggest you get a trading account with some free BTC. This way you can get familiar with (day) trading step by step. After a few months (yes, months), when you know the market, understand charts, have worked out a trading strategy and know what a Stop-Loss is, you can start trading with your own coins.

Here is an overview of providers that offer such test accounts:
5 Websites To Demo Trade Bitcoin With Virtual Money
Personally I have not tried any of them.

There would be so much more to say here, if you have any questions about any of the topics mentioned please just ask.

[Harlot]

From the way it looks it seems like you are still new to trading and I would like to point out that in trading you need to separate your emotions out of it since this will be the one who will ruin your trading plan. Always setup a trading plan when it comes to trading as this will separate you from being a newbie trader to a trader who knows what he is doing. Now if you still experience a loss when you still followed your trading plan you should learn your mistakes from that point and try to figure out on how to improve on it that includes adding cut losses where you minimize your losses and as well exit points for you to take profit in.

[harizen]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

Build experience. Makes those losses and wrong decisions as your foundation so that you will try your best to win as much as possible. Dealing with the volatile world of crypto is not as easy as 1,2,3. There's no easy path to success.

Every professional trader starts from the bottom. There's no shortcut.

Be serious if you really want to pursue your trading career. We all have different strategies on how to deal with our trading problem so your task is to find yours.

[Anyobsss]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

You need knowledge. You can basically search through the internet to learn things about crypto trading. You need experience. Through experience you will gain knowledge that you can use to earn money. It will not be immediate but eventually you will definitely earn. Since you are new, it is usual that you will lose some trades but as you go on, you will gain knowledge and will start to earn.

[so98nn]

Amazing. If you have bought this with current lowest point which might be for you then surely you should hodl at this moment. If you are very new to this market and is panic seller then man you really need to pull your sleeves to have patience. If you make little movement which is not in the set rules then you can loose money surely.

It's better to take all your decision wisely. No emotional trading, no freaking out when downfall is way too hard.

Crypto has always shown such pitty falls, it's better to be ignorant little bit if it is revolving around bear-bull trend.

[cabron]

Try looking at the chart and figure that if the price of the token drops, this is going to be a chance for you to buy and then sell when its green again.  You wouldn't panic when the price is red when you bought it with green all over it. You don't even have to learn more indictors to see it but just look at the daily chart of a token you want to invest.

But just to make you relax, the prices to day are way lower than what it could be in the coming years. As long as you have invests to real project, your good.

[Stedsm]

I'm very worried, Will I ever be able to make some income by trading crypto?

First of all, trading is not a job, it is an activity of its own kind to make money. So, you can't earn income with trading, but can make good profits in trading.

Everything I buy is down.

Ahh, let me know! Panic buying? Like you FOMO'ed in without even knowing what you are buying? Markets go red, and so they also swing in greens, no need to panic buy at market price, always set a buy order. Now, if you've already bought under panic (without any stop loss for sure), then please don't sell it under panic if the project is worth watching.

If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

Don't buy anything before complete analysis has been done by you about that specific token and the amount of development it has gained since its inception. Look for possibilities rather than jumping quick under "fear of missing out" effect and stop following hypes for projects and even if you follow hype, just remember to get in before the crowd starts buying and set a trailing stop so that you may not end up in loss even if it dumps, and trailing stop will just stalk your profit price in order to let you get stopped if the price declines.

[gatti]

It's very easy to earn money from trading of cryptocurrency.Some people think,it was hard to earn from trading.It was not a real ideology.To earn from trading,you need to learn trading with some practical experiences.If you worry about huge investment,it's better to start with 20$ as a first investment.

[Mahanton]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

You arent the only one who do get worried when the market tends to plummet down specially for those people who do bought much higher price and then suddenly the price goes down.
This is an inevitable event and you arent the only ones who do experience such hardship even the pro's or veterans of this market do still experience such problem.
What you gonna need to do? just trade up and gain experience and knowledge.Trading isnt something that can be learned within a day or months.It will surely takes years for you
to have some good grasp on it.Losses are inevitable thats why treating your mistakes as stepping stones will really be helpful into your success.Take some time and some mixed of long
patience.Trading will really involved lots of trials and errors.

[Danslip]

I'm very worried, Will I ever be able to make some income by trading crypto? Everything I buy is down. If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

Hard to answer because each trader has a different trading ability and skills to read the charts. I can recommend reading the trading forums for understanding how the price goes up/down, how to read market cycles, how to analyze the naked charts with price action. The first recommendation is to stay away from day trading and focus on long term price action. Unlike forex trading, there is no weekly news calendar and you can't find when or which news will change the trend. Playing with long term odds will give less profit but the risks also will be lower.

[jossiel]

I'm very worried, Will I ever be able to make some income by trading crypto?

Yes. If trading is no longer profitable, everybody will be losing their entire portfolios.

Everything I buy is down.

Give an example of which coin you buy. It's probably your choice of coins that you need to change because if that's what happens, you need to restrategize for you to have a better trading experience. The market is up and why is it that you're complaining with your choices that are down. So, one possible reason, wrong choice of buying.

If I want to earn something from Crypto trading, then what do I have to do? What do I need to know?

Buy bitcoin, start trading it and if you are not an effective trader then be a holder and investor.

[GreatArkansas]

If you are beginners or just starting with trading, I strongly suggest DON'T start with huge capital, especially you are still learning.
To answer your question, YES! You can make some money by only trading but you can still LOSE money while trading.
I also suggest you to learn risk management, how to use stoploss, risk:reward ratio.
And additional, did you know you can still trade or earn profits even some coins are dumping? there are some exchanges that you can long trade (buy low, sell high) or short trade (buy high, sell low) where short trade is the opposite of what you are currently doing.

[Google+]

It's very easy to earn money from trading of cryptocurrency.Some people think,it was hard to earn from trading.It was not a real ideology.To earn from trading,you need to learn trading with some practical experiences.If you worry about huge investment,it's better to start with 20$ as a first investment.

well I don't agree with what you say because only people who have a lot of money and a lot of experience in cryptocurrency trading can say that it's easy to get money but actually if you only use that little capital it will be difficult to get profit if the trading conditions are not crowded because we need fast price movements to make a lot of profit.