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Author Topic: As the markets remains bullish; Do the right things  (Read 604 times)
cytpoway121 (OP)
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November 25, 2020, 09:38:59 AM
 #21

Trading is like gambling with lesser risk...
 

This is  not only wrong; but it doesn't align with the principles of the blockchain and crypto currency. Trading is not gambling; trading is a process that requires  patience; skill and proper mindset to consistently take profits from it.

Like a proverb says; it all starts from the mindset; read and research about technology to improve your mindset; work on your mental skill and see the big picture about crypto currency.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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November 25, 2020, 11:46:40 AM
 #22

Excellent tips that we can find in this topic but the most important point of departure is knowledge. Being thus, as soon as you know, you can get rid of great faults or pump and dump. Now is a moment of caution and observation and trust in your investigation and acknowledge your mistakes so as not to commit mistakes again.
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November 25, 2020, 04:59:49 PM
 #23

Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.

This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.

Always do your own research.
Since we can only analyse and predict while trading risks are still unavoidable here, there will still be losses no matter how good you are at trading, newbies who have no idea shouldn't jump into trading, they must learn first and the most important warning is never leave your funds on any exchanges wallet, hackers are still finding ways to jailbreak any exchanges security

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Baimovic
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November 25, 2020, 05:06:45 PM
 #24

in trading you need a strong mentality, can set the mindset including controlling emotional attitudes too, don't panic sell, do it at the top exchanges or who choose coins with high trading volume, be ready to take risks and many other things in trading that you need to know dude.

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November 25, 2020, 05:14:10 PM
 #25

Another advice from me is " dont use your daily money for the trade " only use part of you saving money. Trading; especially day trading is unpreditable no body can give 100% prediction. Market is cruel and wild. Beware !!!

1. Do the right thing
2. Money Management
3. Dont FOMO


I agree day trading is risky but you need to select some alts which are fluctuating several times in a day well this will give you opportunity to buy and sell many times that's how day trading works. All you need to do is focus each and every moment of the market this will definitely help you to make descent profit everyday.









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November 25, 2020, 05:22:51 PM
 #26

Dead old projects may never resurrect again. I pity the big bag holders that kept accumulating dead projects in preparation for bull run instead of buying bitcoin, Ethereum and other good altcoins.

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November 25, 2020, 05:30:35 PM
 #27

Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.

This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.

Always do your own research.

I agree with you. One should learn that analyzing is a very important thing when you invest in a cryptocurrency. You can gain this skill by having experience by trading in the market. After that, you will start becoming better and better than before.

R


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November 25, 2020, 06:14:53 PM
 #28

Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.

This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.

Always do your own research.

I agree with you. One should learn that analyzing is a very important thing when you invest in a cryptocurrency. You can gain this skill by having experience by trading in the market. After that, you will start becoming better and better than before.

as a trader you do have an analysis technique like a weapon in war,
 if you don't have an analysis technique a trader will always experience defeat,
so don't hope that without analysis techniques you can win, even though the market is bullish, everything can change

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November 25, 2020, 06:31:44 PM
 #29

Plan your trade and trade your plan and try to manage the risk buddy
if you discipline with your own rules, i'm sure you will get enough profit

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November 25, 2020, 06:36:26 PM
 #30

Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.

This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.

Always do your own research.
Thing is these things are easier said than done sometimes.
It takes a lot of time to do research that's why some people conclude that this bullish moment becomes like 100% profit for every coin they throw their quarter at. And there are those as well that are fearing to miss out and yes I mean FOMO.
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November 25, 2020, 07:01:52 PM
 #31

yes I agree with you, I also trade relying on my own analysis, I observe every chart.  I also trade daily by targeting every day must be profitable.  i am not a person who likes long term trading because it is tiring.  I prefer to take advantage of it every day.

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November 25, 2020, 07:05:09 PM
 #32

If you have learnt from the previous bull run and the bearish season, my advice is , sit down and analyse your errors in the last, listen to advice, make research that will make you the best and follow your mind! don't be greedy. Most if us here only predict from our perspectives, even though some' s prediction are always closer to accuracy, notwithstanding they also have their regrets and loses, so be responsible for your errors.
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November 25, 2020, 07:29:37 PM
 #33

If you have learnt from the previous bull run and the bearish season, my advice is , sit down and analyse your errors in the last, listen to advice, make research that will make you the best and follow your mind! don't be greedy. Most if us here only predict from our perspectives, even though some' s prediction are always closer to accuracy, notwithstanding they also have their regrets and loses, so be responsible for your errors.


Some times we think like greedy and make a mistake for sure.Same I haddone when the price of Ethereum had reached 440$ and expected it to reach 600$ that time.But everything spoiled by my mistake.
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November 26, 2020, 08:42:10 PM
 #34

Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.

This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.

Always do your own research.

What exactly do you mean? I did not quite understand. Open a deal and the market will do the rest? I don’t think so.
After all, the market will not be able to close your trade by itself, unless it will be the liquidation of the margin trade, which I do not advise you. Open long positions during a bullish trend and close them without being too greedy. Best strategy.

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November 26, 2020, 09:44:37 PM
 #35

Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.

This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.

Always do your own research.

the most important thing is we must ready for all situations in crypto market,
because sometimes the market is not going to our predictions my friend, so, think about the risk is more important than if we think about the profit

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November 26, 2020, 10:06:21 PM
 #36

It is true that we as traders can only analyze and predict price movements in the market, about the results no one can know.
But if we have done the right thing, whatever the result is a loss or profit we can accept it. And can learn from it. So do the best
according to our respective abilities, the results should be in accordance with our expectations.
 

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November 26, 2020, 10:09:42 PM
 #37

Some times we think like greedy and make a mistake for sure.Same I haddone when the price of Ethereum had reached 440$ and expected it to reach 600$ that time.But everything spoiled by my mistake.
I think that's what people call FOMO. Basically afraid of misisng out while buying the coin when bullish instead of when it's bearish and with cheap price.
Most of people also think that way because of human pyschology and that's actually natural.
However that's what not needed when doing trading and could cause heavy loss

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November 26, 2020, 10:53:10 PM
 #38

Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.

This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.

Always do your own research.

I agree with you, if we want to invest in cryptocurrency then we have to do our own research, because no one can predict the market price and if you follow someone else's choice, then when the price of the coin you invested dump, you will feel disappointed and sad, but if you do your own research and choose the coin you want to invest in according to your research, then when the coin price dump you will definitely be sad but not disappointed, because it is your own choice and not following other people's suggestions, so that it makes you still confident and believe that the price will definitely recover (pump) soon.

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November 26, 2020, 11:06:09 PM
 #39

Trading involves You, Your capital and the crypto currency market.
And literally, i have this believe that as a trader; you do not have any power over the outcome of a trade; you can only analyse and predict a core price movement.

This is why you must always do the right things; by letting the market play out; if you allow the market play out, if it ends in losses or profits; you will be comforted and easily pick your lessons especially if you do the right thing.

Always do your own research.

I agree with the statement that all we can do is analyze. Apart from analyzing, in my opinion all we can do is control our emotions or psychology, because high price movements will affect us in making trading decisions and we must be able to control them if we want to make a profit.

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November 26, 2020, 11:29:04 PM
 #40

 Trading have more options to change the limit so we can easily change the trade limit and we can move on any altcoin at anytime so If I feel market is bullish, automatically I can change to stable altcoins. It is also one kind of gambling so we make profit or loss at anytime, But we have option to move on any platform at anytime so mostly we can protect our investment. Today's market is totally disappointed on some traders, So day traders are automatically protect the gems.

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