iv4n
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May 17, 2021, 11:18:22 AM |
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The same odds to lose are 50:50 to Win.
Sounds like gambling! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You lose Only if You buy When price is Up Green* Or You Panic selling* If its correction just buy more. Just make sure You have always other 50% cash to buy the dips*
Any plan can be a good plan if it's applied correctly! And whatever we do, we should have some backup/exit plan... just in case! Only thing You have to be afraid... IS BLACK SWAN*
NOTHING ELSE REALLY! Corrections are for buying not selling.
Only way to lose money is BLACK SWAN ON THE MARKETS* Black SWAN comes When MARKETS gets hot so make sure to Come out of the game if You made Good profit. Anything else is not even problem.
This sounds like, don't be greedy! If you are a trader and not a holder, you should take some profit from time to time, and reinvest it when the right time comes! Generally, I agree with the idea that trading is an easy thing to do! You just need some money for the start... buying/selling, placing orders, learning about different trading features... it's an easy thing to do! When it comes to being profitable in long run.. that's not so easy! For that, you need to know "things", and you need to practice a lot before you get the needed experience! That can be a hard path, and for many it is usually!
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isaac_clarke22
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May 17, 2021, 12:16:44 PM |
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~
Sadly not everyone has that kind of mindset, as what you know that there are people looking for short-term gains so when it falls they just panic sell it all. I admit that I did that back in the days in my day trading, and it was a hard lesson for me. People don't see the dip as an opportunity sometimes, instead they see it as dying coin.
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Mauser
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May 17, 2021, 12:49:07 PM |
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The same odds to lose are 50:50 to Win. You lose Only if You buy When price is Up Green* Or You Panic selling* If its correction just buy more. Just make sure You have always other 50% cash to buy the dips*
Only thing You have to be afraid... IS BLACK SWAN*
NOTHING ELSE REALLY! Corrections are for buying not selling.
Only way to lose money is BLACK SWAN ON THE MARKETS* Black SWAN comes When MARKETS gets hot so make sure to Come out of the game if You made Good profit. Anything else is not even problem.
How do you know the chances are exactly 50/50? Trading is not like gambling where we know the odds in advance. Sure the price can either go up or down, but there are a lot of risks involved. We can always lose money, not only in the big tail events. Would you call the current drop a BLACK SWAN event? Prices are down more than 20%, it looks like a tail event. But how do we know that we should be buying right now, and not in a few weeks?
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cryptoboss2020 (OP)
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May 17, 2021, 02:15:23 PM |
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The same odds to lose are 50:50 to Win. You lose Only if You buy When price is Up Green* Or You Panic selling* If its correction just buy more. Just make sure You have always other 50% cash to buy the dips*
Only thing You have to be afraid... IS BLACK SWAN*
NOTHING ELSE REALLY! Corrections are for buying not selling.
Only way to lose money is BLACK SWAN ON THE MARKETS* Black SWAN comes When MARKETS gets hot so make sure to Come out of the game if You made Good profit. Anything else is not even problem.
How do you know the chances are exactly 50/50? Trading is not like gambling where we know the odds in advance. Sure the price can either go up or down, but there are a lot of risks involved. We can always lose money, not only in the big tail events. Would you call the current drop a BLACK SWAN event? Prices are down more than 20%, it looks like a tail event. But how do we know that we should be buying right now, and not in a few weeks? Off Course it was not Black Swan. The black Swan could be something very serious. Why asking? You are older member then me I Don't need to teach You!
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Yatsan
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May 17, 2021, 03:46:33 PM |
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Trading might be easy to be look upon but once you get engags on doing trading, the reality behind it will be unlock that doing trading is really hard compared to what you think it is on the first place. If trading is just easy as you think, then many people would probably get into trading and many have become successful dealing with it. But its not the real deal. The reality is that many people are doing engagement with trading but only few of those have endured and become successful. Even veterans are also having a hard time dealing with trading because there is a lot of possibility that you will loose rather than to win.
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the rise
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May 17, 2021, 03:56:53 PM Last edit: May 17, 2021, 06:41:05 PM by mprep |
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Nowadays the market by entering a positive market position, trading becomes easier, many coins that have the same pattern make predictions quite easy, and make the layman easy to gain experience, I returned to trading a few months ago trying to buy coins arbitrarily and hit the target, after predictions enough you just have to be patient.
It's not easy
You said trading is easy because we're on bullish trend and you're lucky to take profit before dump. When someone made profit, there's always a people will loss since he buy on the peak or high price. Those people who bought Bitcoin on $60K before still loss right now if he don't sell it, but there's a high chance he will profit if he keep holding. And yeah it's not a trading anymore but a investment. That's why investment is better than trading since you don't need to panic and always watching the price, it will cause mental health for your body.
Well, I think the thing that makes it hard to trade is when you're afraid to try, so learn a lot of theories that you shouldn't. Because trading theory is so many, there are a wide variety of patterns, and more than a hundred indicators, whereas we only need a few and are confident in the predictions. [moderator's note: consecutive posts merged]
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pawanjain
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May 17, 2021, 04:21:26 PM |
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If trading was so easy everybody would be making money. If trading was so easy I wouldn't lose money in it. If trading was so easy there would be no panic in the current crypto market.
In order for somebody to gain on one side the other has to lose his money on his side. This is how trading works. We have to be smart enough to know in which direction the price would go. We have to analyze it and set our targets right to get the profits.
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RealMalatesta
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May 17, 2021, 04:25:20 PM |
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The same odds to lose are 50:50 to Win.
There are lots of gap between theoretical approach and what we have in reality. Even it sounds easier like buying low and selling low; you cannot figure out where to buy/sell that easily. That's the catch. I agree there are 50% chances to profit in trading but market volatility will trap you. For example, you buy and on that day's major trend is bullish, still you may book losses because of lack of technical approach. This is how most traders are performing in crypto trade these days; either they do not have any TA or not having in-depth TA, both are injurious to our profits in some level.
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gabbie2010
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May 17, 2021, 08:50:40 PM |
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Trading should be based on risk to reward ratio it is not tossing of a coin e.g 1:2 and 1:3 risk : reward of course with a good money management making profits with a higher reward consistently enables the trader to be profitable in the long run despite incurring some losses, whereas a trader trading based on 50:50 will ended up losing all the portfolio if losses are far more than winnings, the ability to work out a working strategy while strictly following it and the ability to manage a trade while considering other factors like controlling of emotions money management e.t.c defines a good trader and not a gambler
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cryptoboss2020 (OP)
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May 17, 2021, 10:17:18 PM |
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I Don't trade I buy and sell. Im a super dip hunter * and it works
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Rengga Jati
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May 17, 2021, 11:04:54 PM |
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We may not be afraid fot trading if we : - don't FOMO or hype focus - choose promising coins with good use case and fundamentals - ready for any kinds of risks of losing - not panic selling our assets when the price drops
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Vaskiy
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May 17, 2021, 11:18:08 PM |
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When you're ready to start trading you need capital, if not you need the patience to make profit. I've experienced it, and one of the incident made me understand the truth. Myself used to follow some channels for trading purpose, and in one such channel there was a 14 year old kid.
She has started with mere $5, following each and every analysis provided by the channel now she owns $1000 USDT. That's truly awesome and her story was shared on the channel. The timeline for reaching this isn't mentioned. Anyhow it is a big success with very small capital. The channel also gives info on airdrops.
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MCobian
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May 17, 2021, 11:28:52 PM |
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We may not be afraid fot trading if we : - don't FOMO or hype focus - choose promising coins with good use case and fundamentals - ready for any kinds of risks of losing - not panic selling our assets when the price drops
All the points you mentioned, not all traders understand it, therefore experience and knowledge are required, in order to understand all the points you mention. But most beginner traders are lazy to learn, they only want instant profit, finally decided to follow the trading signal group. Which in the end they will experience losses, because there is no guarantee that other people's signals are 100% accurate. So the conclusion is trading is not an easy thing, we have to first learn all things about trading and it takes a long process to finally become a successful trader.
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Kez1817
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May 17, 2021, 11:37:00 PM |
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Trading is really easy for those who are really knowledgeable about this but it is difficult for those who don't have enough knowledge about it specially those newbie that easily jump to trade just to make profit and didn't think for the possibility of a huge losses. Better to understand first how trading works and learn both technical and fundamental analysis.
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Xinarae*
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May 18, 2021, 04:43:55 AM |
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If you have good knowledge about trading then trading will become easier. For this you have to do market analysis and understand the signals of trading if you are afraid you have to take risks you have to move forward with courage you have to learn techniques to control your emotions risks transactions losses can drive you to emotional behavior in this country a person's prejudices and emotions take precedence over common sense and logic. People will not succeed because they are very stricte even if they use their unique knowledge talents and skills they are afraid of failure.
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btc78
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May 18, 2021, 04:49:47 AM |
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The same odds to lose are 50:50 to Win. You lose Only if You buy When price is Up Green* Or You Panic selling* If its correction just buy more. Just make sure You have always other 50% cash to buy the dips*
Only thing You have to be afraid... IS BLACK SWAN*
NOTHING ELSE REALLY! Corrections are for buying not selling.
Correction is for buying and selling and not just for buying , because when we dare to buy yet the price has been corrected then this will favor us at point. Only way to lose money is BLACK SWAN ON THE MARKETS* Black SWAN comes When MARKETS gets hot so make sure to Come out of the game if You made Good profit.
and never desire too much, limit yourself for at least 50% profit and that is enough . So please never seek for many but be contented in small. Anything else is not even problem.
Lol we are talking about money here and everything cares about problems.
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chikading2016
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May 18, 2021, 10:17:28 AM |
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The same odds to lose are 50:50 to Win. You lose Only if You buy When price is Up Green* Or You Panic selling* If its correction just buy more. Just make sure You have always other 50% cash to buy the dips*
Only thing You have to be afraid... IS BLACK SWAN*
NOTHING ELSE REALLY! Corrections are for buying not selling.
Correction is for buying and selling and not just for buying , because when we dare to buy yet the price has been corrected then this will favor us at point. Only way to lose money is BLACK SWAN ON THE MARKETS* Black SWAN comes When MARKETS gets hot so make sure to Come out of the game if You made Good profit.
and never desire too much, limit yourself for at least 50% profit and that is enough . So please never seek for many but be contented in small. Anything else is not even problem.
Lol we are talking about money here and everything cares about problems. Well I think losing is a part of a traders life not everytime we can earn sometimes we an also loss a profit but we need to endure even after so many loses, because every expert in once a newbie and i believe that in the near future we can do trading in a perfect way all we need to do is to continue learning.
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cryptoboss2020 (OP)
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May 18, 2021, 10:21:42 AM |
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The same odds to lose are 50:50 to Win. You lose Only if You buy When price is Up Green* Or You Panic selling* If its correction just buy more. Just make sure You have always other 50% cash to buy the dips*
Only thing You have to be afraid... IS BLACK SWAN*
NOTHING ELSE REALLY! Corrections are for buying not selling.
Correction is for buying and selling and not just for buying , because when we dare to buy yet the price has been corrected then this will favor us at point. Only way to lose money is BLACK SWAN ON THE MARKETS* Black SWAN comes When MARKETS gets hot so make sure to Come out of the game if You made Good profit.
and never desire too much, limit yourself for at least 50% profit and that is enough . So please never seek for many but be contented in small. Anything else is not even problem.
Lol we are talking about money here and everything cares about problems. Well I think losing is a part of a traders life not everytime we can earn sometimes we an also loss a profit but we need to endure even after so many loses, because every expert in once a newbie and i believe that in the near future we can do trading in a perfect way. Its Not a problem to lose.... For example : You put 1000$ and in 24 hours coin goes Up 30% Profit 300$ Now You cash out 50% of this Right to way in your bank or Pocket. The rest of Money u re invest smart and all most double the money. You Again often cash out... U feel the money in your Pocket u Get motivated if u have Money. If You have Money real Money in Pocket from trading it gives u huge motivation and If You are motivated You make hundred times better decisions!
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Rexler
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The Standard Protocol - Solving Inflation
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May 18, 2021, 05:31:36 PM |
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I like the point you said correction is for buying deeps, yes for sure this is why crypto market is beneficial (price volatility), trade is kind of easy! Spot trade precisely. If you follow the strategy of buying low and selling high you will always remain profitable, tho it requires time, waiting for deeps before buying is always a good idea and know that reds are for buying and green is for selling. Why people loose a lot in crypto trade is because there are always afraid of buying deeps and always going to buy the top which is very wrong in trading.
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onecall123
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May 18, 2021, 05:56:34 PM |
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I like the point you said correction is for buying deeps, yes for sure this is why crypto market is beneficial (price volatility), trade is kind of easy! Spot trade precisely. If you follow the strategy of buying low and selling high you will always remain profitable, tho it requires time, waiting for deeps before buying is always a good idea and know that reds are for buying and green is for selling. Why people loose a lot in crypto trade is because there are always afraid of buying deeps and always going to buy the top which is very wrong in trading.
Yup, good advice. That is the reason research/study more, then comeback later. Suppose if you're asking when to buy/sell then you are too beginner to trade or even hold. All relies upon your speculation objective and capital though. Learn to love consistent wins rather than big wins. Make your entry at low and cash out when it's up. Just don't get greedy.
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