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Author Topic: As the markets remains bullish; Do the right things  (Read 604 times)
flagpara
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November 26, 2020, 11:53:03 PM
Last edit: November 27, 2020, 12:03:13 AM by flagpara
 #41

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.
We don't need to do anything right in the bullish market because all trading will give you enough profits. Even bullish research won't work in the bearish market. Those are perfect who passed the last bearish market. You could see that so many scam projects could give us huge rewards in the next bullrun. Just take your profits if you think about projects.

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November 26, 2020, 11:58:37 PM
 #42

~
It is true, we cannot deny that market is manipulated by whales. But sometimes we have no options when we need urgent money. This mostly makes some people force their selves to sell their tokens during the correction time. That's why we are better to use extra money, so even the market is in correction we just need to stay calm. Yeah, I can agree with you if it looks like still in good season. The price dump happened suddenly and it is rather suspicious.


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November 27, 2020, 12:07:17 AM
 #43

Every opportunity in crypto-world counts so make the most out of it. If you can see that there is an great opportunity to gain and earn a very reasonable profit then takes it especially knowing that the market is so volatile so as a trader every profit earned counts.

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November 27, 2020, 06:55:01 AM
 #44

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.

I also didn't get what he meant. 

The number of people who holds BTC is increasing and there may never have a chance of manipulators to actually manipulate the outcome of the market, the market reacts on its own way. But you as a trader can only speculate which way the market will go in a particular period of time.






cytpoway121 (OP)
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November 28, 2020, 08:33:20 PM
 #45

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.

Naturally; one of the core features of doing the right thing is when you sit back, take lessons and let the market play out; which in my own opinion to some extents mean you can take a break from the market to check the emotion of the market.

I often feel that long positions are for pump and dump tokens; where you buy low; place your sell order and wait for a pump so it gets picked. I will implore that individually, do your own research
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November 28, 2020, 08:42:39 PM
 #46

Every opportunity in crypto-world counts so make the most out of it. If you can see that there is an great opportunity to gain and earn a very reasonable profit then takes it especially knowing that the market is so volatile so as a trader every profit earned counts.
To do something right, we must be able to judge an opportunity. Don't ever waste an opportunity for profit because if the opportunity is lost, it may not be repeated. I'm sure a lot of people will benefit considering we're currently in a bull run

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November 29, 2020, 04:29:00 PM
 #47

Always do your own research.
We really can't singularly tag DYOR as the right thing. The right thing for me when it comes to trading is, "Acquire the Skill Set."

Trading is like gambling with lesser risk. Never meet someone who makes passive income trading.
Oh, really? I know of several traders whose only job is trading and they're living the life of their dreams from trading profits. The problem with many newbie traders is that they think trading is a shortcut to getting rich. It isn't. You hurry in without acquiring and trading skills and discipline, he market shows you the way out by destroying your capital. Trading is a profession and like every profession there are tutorials and stern learning to comply with. It should be treated as a profession. Gambling is a mile apart from trading.

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Golftech
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November 30, 2020, 12:07:18 AM
 #48

Every opportunity in crypto-world counts so make the most out of it. If you can see that there is an great opportunity to gain and earn a very reasonable profit then takes it especially knowing that the market is so volatile so as a trader every profit earned counts.
To do something right, we must be able to judge an opportunity. Don't ever waste an opportunity for profit because if the opportunity is lost, it may not be repeated. I'm sure a lot of people will benefit considering we're currently in a bull run

Good opportunities mostly comes one's in a lifetime, taking the risk is worhted as you
might not see it again, you need to work on it and try to absurd everything and earn
from it, with the current market movement, you need to act accordingly, take your
step forward and accept your fate.
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November 30, 2020, 04:16:25 AM
 #49

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.
We don't need to do anything right in the bullish market because all trading will give you enough profits. Even bullish research won't work in the bearish market. Those are perfect who passed the last bearish market. You could see that so many scam projects could give us huge rewards in the next bullrun. Just take your profits if you think about projects.
As a trader you can make profits irrespective of the market sentiments whether bullish or bearish although the OP is emphasing on the present bullish runs of the market a trader shouldn't just enter a trade blindly having some knowledge in charting and candlestick patterns enables such a trader to enter the market at an appropriate entry point.
 Example the recent pullback of BTC/USD to a support zone at $16400, this should have been buying at low or dip, meanwhile at present the price had resumed it bullish run after rejected at that support zone.

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December 12, 2020, 01:16:25 AM
 #50

Make all your losses count, learn from it, and do better. But we cannot expect things to go on our way, even professional or experienced traders incur losses. Just keep moving if you incur losses and move on, and start over.  The market is a huge roller coaster ride, just enjoy the ride. Happy trading.
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December 12, 2020, 11:50:09 AM
 #51

The movement of the bitcoin market these days is very slow. here the traders must be able to decide to buy or sell to buy even lower. but buying some bitcoins is even better because many believe that 2021 will see a fantastic increase.
The market is trying to rebuild the support again after bitcoin could not able to break the resistance. The traders must be still hold their bitcoin consider it has possibility to surpass 20k rate anytime.
More companies bought bitcoin and that could also be a reason why we must buy more bitcoin.
Some people are also talking about mtgox and it's possibility to affect the bitcoin market too. In this time we are on a very difficult situation to determine which trend that will come very soon.
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December 12, 2020, 12:11:21 PM
 #52

Make all your losses count, learn from it, and do better. But we cannot expect things to go on our way, even professional or experienced traders incur losses. Just keep moving if you incur losses and move on, and start over.  The market is a huge roller coaster ride, just enjoy the ride. Happy trading.
Moving on from loses is also a good advise and learned from those mistakes encounter from the past trading. Yes that's true even experts on trading encounter loses because of the market behavior that cannot be predicted where it will heading. So always make a plan when to take profit since market has its volatility of price.
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December 12, 2020, 12:33:50 PM
 #53

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.
We don't need to do anything right in the bullish market because all trading will give you enough profits. Even bullish research won't work in the bearish market. Those are perfect who passed the last bearish market. You could see that so many scam projects could give us huge rewards in the next bullrun. Just take your profits if you think about projects.

This is a wrong trading perspective and a core reason why several traders (newbies, professionals etc) buy green candles; a bullish trend on the crypto currency market is not enough reasons for you to invest; because it will continue to moon is not enough reasons. A bullish run has its limit where price correction comes in; and it is why bitcoin has to 18000$ twice in each week in december. Don't buy green candles, never buy at the top; trading is not a gamble.
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December 12, 2020, 02:31:20 PM
 #54

Make all your losses count, learn from it, and do better. But we cannot expect things to go on our way, even professional or experienced traders incur losses. Just keep moving if you incur losses and move on, and start over.  The market is a huge roller coaster ride, just enjoy the ride. Happy trading.
Failure is normal, its just that you should learn every mistake you have made in that situation. Just like you said, it should count and make your next move better than before. As of now the market is still at the high pace, and you should do the right thing whatever you do to earn tokens. If you are trading some tokens you should follow your portfolio for good income, if your portfolio is solid enough to make you gain more income. If you are supporting some projects until now, you should know or you already know what are the things to consider before supporting a project.
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December 12, 2020, 02:41:18 PM
 #55

The main thing on the bullish market is not to buy coins on highs, you should wait for at least small dips
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December 12, 2020, 07:01:35 PM
 #56

Yes it's very important to think about this. The market sentiment is now on upper side. So if you don't do right things or right investment then you could be in loss. So always try to understand and learn from the market. Then go for investment. Always put your money carefully invest those what you can afford to lose. And always do your own research don't go with people words or with hyped coin. The most important think is gaining knowledge in this field. If you took the right knowledge you don't have to think about money.

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December 12, 2020, 07:16:40 PM
 #57

Yes it's very important to think about this. The market sentiment is now on upper side. So if you don't do right things or right investment then you could be in loss. So always try to understand and learn from the market. Then go for investment. Always put your money carefully invest those what you can afford to lose. And always do your own research don't go with people words or with hyped coin. The most important think is gaining knowledge in this field. If you took the right knowledge you don't have to think about money.

If you go with the hype, you will lose all your funds allotted to your crypto investments. Start small if you don't know what's gonna happen to that coin, try to educate yourself about the foundation of the coin and check the use cases that the project actually has. If it is just pure talk, then, better stay away. A legit project will work on their platform and produce results. Whereas, a pump and dump coin will just only give promises but they will never develop their platform according to the use case they want to venture on.
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December 13, 2020, 12:03:04 PM
 #58

Investors still lose even after research because this is a highly volatile market and It is beyond one's control. The market does not always move the way we analyze or think. As a trader, I am also not a consistently profitable trader even I have a total 4-year experience of in trading still I am learning daily new lessons from the market. In the end, I would say always due diligence before the trade and believe in your analysis rather than any expert believe me you won't regret.

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December 13, 2020, 06:58:54 PM
 #59

The main thing on the bullish market is not to buy coins on highs, you should wait for at least small dips

It is good to find small dips; because it indicates price corrections; but you also importantly have to find proper price dips; you need to find a token that genuinely experienced a price correction and not a token that is dumping to exile. Always do your research and don't buy green candles.
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December 14, 2020, 11:26:45 PM
 #60

You must always certainly do the right thing at all times. We all do know that upon doing trading there is already risk being associated with it do as much as possible you have to certainly make ways on how you deal with the situation that is why we do have our own strategies to face certain circumstances that trading with crypto will give out.

Make all your losses count, learn from it, and do better. But we cannot expect things to go on our way, even professional or experienced traders incur losses. Just keep moving if you incur losses and move on, and start over.  The market is a huge roller coaster ride, just enjoy the ride. Happy trading.

This is right. Make your losses count but do not chase for it because you will just end up losing more. Strategize first before engaging once again because you must assess on which approach you have gone wrong and then make some adjustments that you think can help you out dealing with the situation. The market is a large roller coaster ride where you can literally expect the unexpected. Just go with the ride but you must also be able to gain learnings from it so you will know what to do the next time you encounter such thing.

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