How do you develop stronger hands?

[Shasha80]

Being successful traders is indeed very difficult, you have to experience several losses first. So that we can learn from mistakes, that way we will not
repeat the same mistakes. I don't agree with trading without doing analysis, it would be like gambling. We do have to learn how to read the market,
that way we can determine the buying and selling prices. And being successful traders must go through a long process. So there is no success
in trading that is obtained instantly.

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[RealMalatesta]

New traders mostly do mistakes in these parts. They heard someone saying a price prediction of a token after few days they go to the exchange and buy that token without judging it. A trader should always stick to his plan and always books his profits. Many times price bounce back just from above my buying target and this happen often. In these case, if I let my emotions control that trade then I am already in the losing side.

Unfortunately those people who make mistakes due to being new in the crypto world and thinking there is something talked about that would go high are the reason why they will not be making a lot of profit in the future neither.

This is crypto we are talking about and if you are not sure about what you are doing and depending on someone else to do your thing, you are about to lose a lot of money because of it. I personally think that the best way to approach is always find the best crypto you want to invest yourself.

Look at bdo for example, it is bdollar on binance smart chain and it has been paying people so so well for the past few weeks and people who invested on it made incredible amount of return, nobody heard about it, only a few people did, it was just in a few million dollar range for all its existence and people argued it would be bad, but the ones that invested made 3x of their investment in just 2 weeks, finding those are incredibly hard and very very risky but when you do you make great returns.

[Hippocrypto]

Being successful traders is indeed very difficult, you have to experience several losses first. So that we can learn from mistakes, that way we will not
repeat the same mistakes. I don't agree with trading without doing analysis, it would be like gambling. We do have to learn how to read the market,
that way we can determine the buying and selling prices. And being successful traders must go through a long process. So there is no success
in trading that is obtained instantly.

On my personal experience during the times of productivity in trading, I was able to risk without having analysis but it turned out failure in the long process. Though I've learned from that big mistake, but suddenly I woke up with regrets. Much better if we're filled with knowledge before facing several challenges, because trading isn't an easy job to do. We need to build a self confidence in order to achieve our goals smoothly, despite of struggles.

[VanityWallets2015]

Being successful traders is indeed very difficult, you have to experience several losses first. So that we can learn from mistakes, that way we will not
repeat the same mistakes. I don't agree with trading without doing analysis, it would be like gambling. We do have to learn how to read the market,
that way we can determine the buying and selling prices. And being successful traders must go through a long process. So there is no success
in trading that is obtained instantly.

On my personal experience during the times of productivity in trading, I was able to risk without having analysis but it turned out failure in the long process. Though I've learned from that big mistake, but suddenly I woke up with regrets. Much better if we're filled with knowledge before facing several challenges, because trading isn't an easy job to do. We need to build a self confidence in order to achieve our goals smoothly, despite of struggles.

Well said. Having great amount of knowledge, experience and enough courage are vital in trading.
I believe we are destined to face failures in life, once or many times, to learn and be ready for what’s next.
Let’s just look at the bright side that even though we loss some things, we also gain some; our lessons.

[PerNone]

Get yourself a coin that's pretty much solid like BTC and ETH and never talk to anyone that does crypto about the charts and trading, never looks at charts every hour, never lose your sleep about the prices and store them in a cold wallet.

You should set your mindset that every buy is for long term. I once left 20 cent worth of some obscure alt on my exchange wallet back in 2018 and never opened it ever till just a week ago. That 20 cent is now worth 1.8USD! Imagine if i left significant amount for that much time and opened it 3 years later. Would've been a millionaire by now

[coiner-88]

I generally don't take a gander at graphs and time passages haha. After roughly 4 years of holding, FUD and negative posts when all is said in done basically does nothing to me. I need to have an objective cost to sell and set the alert that will ring when the value contacts my objective cost. It is hard unexpectedly, however in the event that we have another thing to do, we can do that and won't generally consider the cost.

[Oilacris]

I generally don't take a gander at graphs and time passages haha. After roughly 4 years of holding, FUD and negative posts when all is said in done basically does nothing to me. I need to have an objective cost to sell and set the alert that will ring when the value contacts my objective cost. It is hard unexpectedly, however in the event that we have another thing to do, we can do that and won't generally consider the cost.

Experience will be the most common reason for you to withstand any possible rushed decisions that you can possibly make specially if you do deal up with this market.

If you do have already that fixed plan of yours inside your head then following it or sticking with it will be the most challenging but once you do able to  sustain and able to follow
on what you have planned inspite of countless hard situations in the market then you are really just doing fine.

Developing something or shall we called patience and strict discipline isnt something simple that someone could able to attain and overcome it.

[maldini]

I generally don't take a gander at outlines and time passages haha. After roughly 4 years of holding, FUD and negative posts by and large basically does nothing to me. I'm wound up taking benefits beneath my value target, it will result low benefits and change of danger reward proportion. I need to have an objective cost to sell and set the alert that will ring when the value contacts my objective cost.

[freedomgo]

You only need to be knowledgeable about crypto and of course trust is very important.

Even if you are knowledgeable but you don't trust a certain coin like bitcoin to recover if it dump, you will still make a bad decision as you are likely to panic.

We have a lot of investors that do panic selling when the price dump but buy when there's a FOMO, that's very wrong, the timing is completely the opposite of what needs to be done, so in order to ensure that you are in profit, there should be no room for panic in your heard and mind.

[Emitdama]

I'm finding my calls are right, way more than 50% of the time, but I'm not as profitable a trader as I should be, because it seems more often than not, there's either a dump out, the chart starts to look like it's turning bearish and I begin to lose confidence in my calls.  Then I might set a stop loss and there's a shake-out, it eats through my order, then the trend turns around and basically does exactly what I had originally called.  Or if it starts dumping I might panic sell. 

You must be trading with alts because bitcoin has seen a gigantic bull run and if someone fails to profit in this kind of run, trading is not for them. But coming back to altcoins trading I feel that you should always invest in coins with high trading volume, the reason I am saying this is because the coins that have a big market cap do not collapse easily and minor price fall won't change your mind like you said you panic when a bearish run happens so having a big market cap means you won't shake easily even as the value drops.

I'm typically more profitable if I do not even look at the chart, like at all, after making my buy.  Not sure that's good either. 

Speaking from personal experience that might be the best thing one can do and just don't fall for ICO scams. I mean the crypto market is too hard to predict and with altcoins the pump and dump game always happen so better invest in the worth of the coin more than the cost.

[error08]

Let's say you analyze the charts, you make a call, and place a trade with a certain time horizon.  How do you avoid getting 'shaken out' in the short term? 

After doing research, analyze the chart, and calculate the probability, just set your target and stop-loss, and stick to the plan.
If you think; always look and observe the chart all the time makes you doubt the previous settlement, so don't do it, just set buy-sell orders and leave it until accomplished.
Moreover, you can set some targets and put some orders as backup plans to achieve your eagerness in trading.

[Hamphser]

Let's say you analyze the charts, you make a call, and place a trade with a certain time horizon.  How do you avoid getting 'shaken out' in the short term? 

After doing research, analyze the chart, and calculate the probability, just set your target and stop-loss, and stick to the plan.
If you think; always look and observe the chart all the time makes you doubt the previous settlement, so don't do it, just set buy-sell orders and leave it until accomplished.
Moreover, you can set some targets and put some orders as backup plans to achieve your eagerness in trading.

Always set some Plan B because any plan that we had set out initially doesnt really comes to happen from time to time which means we should really be preparing
some measure in case if that would happen.Trading does really involve lots of trial and errors which means we would really be needing to have some good
grasp on it.Developing stronger hands cant really be obtained on just having few trades, this will particularly talks about numerous numbers of trades
on a long period of time, having some good experience will really be the one key aspect on making yourself better in terms of stronger hands.

[ScamViruS]

Let's say you analyze the charts, you make a call, and place a trade with a certain time horizon.  How do you avoid getting 'shaken out' in the short term? 

After doing research, analyze the chart, and calculate the probability, just set your target and stop-loss, and stick to the plan.
If you think; always look and observe the chart all the time makes you doubt the previous settlement, so don't do it, just set buy-sell orders and leave it until accomplished.
Moreover, you can set some targets and put some orders as backup plans to achieve your eagerness in trading.

Experience is important in all cases. If you want to control yourself in the crypto market, you have to prepare yourself in advance. To set a trade target in advance, the trader must be experienced enough. Because if you set a target with the trade against the trend of the market, the result will be negative.

Most of the traders panic in certain situations so that their losses increase. When a trader looks at a target, there is a chance that the opposite will happen.

[ice098]

After doing research, analyze the chart, and calculate the probability, just set your target and stop-loss, and stick to the plan.
If you think; always look and observe the chart all the time makes you doubt the previous settlement, so don't do it, just set buy-sell orders and leave it until accomplished.
Moreover, you can set some targets and put some orders as backup plans to achieve your eagerness in trading.

Agree with this, you strong hands came from our confidence and that confidence that we build is because we already know what will happen or what is likely to happen in the market. Nobody will be feel nervous or feel panic when they know that the certain coin may be dump first then fly after some time. Strong hands cannot be develop in just 1 night, it will take some time and courage for you to get that, it will take some losses of course there's no prevention in market losses.

[MIner1448]

This is the fear of losing your deposit, I also had it at the initial stage. I advise you to place small orders at the bottom and immediately place an OCO order for the growth of the coin, then you will be sure not to sell your deposit at the bottom. I used to panic when I saw that the coin was falling and immediately sold it, went into a minus, now I can wait for weeks for its growth.