S4VV4S
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June 10, 2021, 05:45:39 AM |
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some beginners do not know the correct technique in trading. They invested all their savings without any leftovers. I agree that when trading we should still have 50 percent of the capital to buy coins when correction.... Dna learn not to panic when the market is correcting. That's not a solution..and we will never make a profit.
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globalpain
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June 10, 2021, 09:59:20 AM |
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Trading is not for the faint of heart, you need balls of steel to withstand losses and I know not everyone has that, I would like to point out that buying at red doesn't guarantee profits at all, you can buy when the market dips and it can still continue to dip, you can also buy when the market is green and still make profit nothing bad about buying at green, you just need the right timing and you're all good to make profits from the market.
Timing is everything but since this market is unpredictable then you would really be having a hard time to determine on which would be the perfect spot for you to get in and for you to get out and this is where experience and knowledge do really counts on each trader and you would see the difference in terms of skills because not all would really be the same in terms of risk management and being decisive on particular situations that he could see on the market. Its just normal on being afraid on few tries but as you do gain experience then that kind of fear will surely vanish. indeed psychology is the first factor that determines the success of a trader, most beginner traders must have experienced it, so that over time they can control it. it seems easy to trade, but when we enter real trading, of course there will be many problems, and we can say it is not easy to survive in the long term with healthy progress as we had previously planned It is true that many people think that trading is quite easy but when they start to dive into trading they feel for themselves that it is not easy, In trading, it's not just selling and buying coins because we also need to have a strategy and be able to read market movements, Besides that, the risk is big so don't ever play here
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slaman29
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June 10, 2021, 11:43:27 AM |
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Actually though I would ask you to be very afraid, be very very afraid.
1. Statistics prove that majority of traders lose money. Even those who are in profit eventually make bad decisions or are caught in bear cycles and lose. 2. Traders make it a full time job have additional pressure of making a salary. 3. You lose as soon as you deposit. As soon as you open a trade. Fees, commissions, spreads. You have to sell at profit just to break even.
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BlackFor3st
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June 10, 2021, 11:49:25 AM |
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It's easy technically since you are just going to buy or sell but it's not that easy since you really need to know what you are doing, strategy you are going to use, risk and reward ration and most importantly you understand what the market is indicating. So in other words it's easy to buy and sell but in choosing on those two were not that easy you have a lot of things to consider.
If you do it easily then you really don't understand what you are doing.
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AakZaki
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June 10, 2021, 12:14:33 PM |
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Greed is the main reason why a beginner or a professional trades wrongly. Trading does not really become easy when faced with various kinds of problems because they do not understand the basics of trading properly and correctly. Understand the basics of trading to determine when to enter and when to exit. Trading is not just buying and selling. Trading will determine the development of the capital you have, don't let your capital run out by trading incorrectly.
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Smitty Werben Man Jensen
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COMBONetwork
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June 10, 2021, 12:53:55 PM |
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some beginners do not know the correct technique in trading. They invested all their savings without any leftovers. I agree that when trading we should still have 50 percent of the capital to buy coins when correction.... Dna learn not to panic when the market is correcting. That's not a solution..and we will never make a profit.
Investing in cryptocurrencies is not a problem, because you still have assets in the form of digital coins, but it's better not to buy everything from your savings, because the crypto market has very high volatility, yes there are cases of a decrease of -100% more in one day, just imagine, if you invest or buy with all your savings, of course you will feel dizzy.
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Maslate
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June 10, 2021, 01:09:44 PM |
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Greed is the main reason why a beginner or a professional trades wrongly. Trading does not really become easy when faced with various kinds of problems because they do not understand the basics of trading properly and correctly. Understand the basics of trading to determine when to enter and when to exit. Trading is not just buying and selling. Trading will determine the development of the capital you have, don't let your capital run out by trading incorrectly.
That is something we/they need to change otherwise, we all become a loser of our own actions. We think that trading is very easy, yeah, it was very easy to lose our funds if we are not mindful of our decisions which is very common to everyone. I know we can't be perfect all the time but of course, we have to do something and don't just let everything will be out of our control. If let our greediness will top on our mind, I can really imagine our failure and regrets.
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Tigerheart3026
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June 10, 2021, 02:46:10 PM |
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as you may think trading is Easy, but in fact it seems very difficult to me, i do not think always have to buy in correction, sometimes i sold in when bearish started than i wait for deep correction it's not always possible to follow this technique, because i am not an expert trader.
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sarmrakib
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June 10, 2021, 03:25:43 PM |
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Train our emotion in trading is really different with only read in books. I mean yes we shouldn't afraid but we can't underestimate how market works too. Trading activity must be done with people that really ready in it, if not what will happen is a lot of people will lose, or complain, or tell other if they lose in trading. I am not really into trading for now because not ready yet, still hard to control so i am not easily panic when market is bad.
These days it's hard to make any assumption, market ain't performing as we expect. The whales, and big institution normally control the market but the scenario quite good than before. Strong hand, and last bear market survivor manage to pass it successfully. Trading knowledge comes from experience and you have to active to face both of sides. Its we have seen for a month its continuously surviving with some negative new.Which has affected much and got a huge downtrend .Its still good level to the market we can really expect a good bullish trend on the upcoming days .I think btc will be the main trick if it goes up the whole market will follow then .
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henmark
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June 10, 2021, 03:32:33 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
Well, you are kind of right. But trading is not something that you will rush into, you have to calm down and learn it, if not you’ are more likely to lose than to win. People who trade cryptocurrency without the knowledge, sees it as a gambling and they are relying on luck to trade, which means that they are more likely to lose their money. So, you need to go through some lessons and prepare yourself for it. The good thing is that once you learn how to trade, it becomes an easy thing for you and you’re going to be able to rely on it and make money. That’s why you will see a lot of traders who are quitting their jobs to become full time traders.
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ChrisPop
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June 10, 2021, 05:41:00 PM |
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If you have some experience in the markets you will realise that trading is anything but not easy. Being consistently profitable and able to produce a regular income in an environment where everything is possible is a rough challenge for anyone, no matter his/her background. You can be an Ivy League smarty pants who built and sold countless successful businesses. The market will put you to your knees with all that education and success. As a matter of fact the confidence and arrogance that most of this kind of people will be their kryptonite.
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abel1337
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June 10, 2021, 05:57:34 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.
I hope it easily works like this. If your ideology of trading is just easy as this, why would Technical Analysis, Historical Data, News, and other tools be used by those experienced traders? I'm not saying it wouldn't work but the risk you are putting in each of your trades is so high, You are just doing a blind trade with this. If you do a strategy like this most of the time you are just playing gambling with your money, It would be better to play real gambling than doing this.
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LUCKMCFLY
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June 10, 2021, 06:12:50 PM |
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Just the statistic that 95% of traders always lose, is something to be afraid of already, because that 5% anyone could think that they obey only the whales, and they may be right about it.
When we operate alone or with another more expert person we have the same risks, in fact when we have a lot of market research, market speculation, investment, all this helps to make decisions with more arguments, in fact, there is more understanding of how the market moves. market, and yet it is also lost, because sometimes things happen in the market that are not foreseen, that we did not even imagine would come, that is why I consider trading as a profession that we must continue studying every day because it brings a new learning.
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carlfebz2
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June 10, 2021, 07:43:05 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.
I hope it easily works like this. If your ideology of trading is just easy as this, why would Technical Analysis, Historical Data, News, and other tools be used by those experienced traders? I'm not saying it wouldn't work but the risk you are putting in each of your trades is so high, You are just doing a blind trade with this. If you do a strategy like this most of the time you are just playing gambling with your money, It would be better to play real gambling than doing this. This is true and trading shouldnt really be taken for granted because this isnt something that you can really make it as a gamble anytime it depends on how you do take it. Some would be really mindful when it come to analysis even though it wont be precise but there are people who doesnt really care at all and just make out some blind trades. TA.FA and other analysis is needed because you wont really sustain this market if you do just miss these things out.
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Traderbtcc
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June 10, 2021, 10:51:16 PM |
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Maybe you can find it easy to just click the buy or sell button on an exchange, but the part about analysing the outcome of the market before time takes more than just clicking a button, it requires alot of studying and practicals, trading isn't as simple as 1+1 kinda math, it's more complicated than you think, you can't just click the buy button and say I might win or lose, why not learn how to analyse the market first than just click a button and hope your luck shines, maybe it might work a few times, but you will eventually run out of lock someday.
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Mr.Scott
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June 11, 2021, 04:47:43 AM |
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Train our emotion in trading is really different with only read in books. I mean yes we shouldn't afraid but we can't underestimate how market works too. Trading activity must be done with people that really ready in it, if not what will happen is a lot of people will lose, or complain, or tell other if they lose in trading. I am not really into trading for now because not ready yet, still hard to control so i am not easily panic when market is bad.
These days it's hard to make any assumption, market ain't performing as we expect. The whales, and big institution normally control the market but the scenario quite good than before. Strong hand, and last bear market survivor manage to pass it successfully. Trading knowledge comes from experience and you have to active to face both of sides. Its we have seen for a month its continuously surviving with some negative new.Which has affected much and got a huge downtrend .Its still good level to the market we can really expect a good bullish trend on the upcoming days . I think btc will be the main trick if it goes up the whole market will follow then .Bitcoin as and always the front liner in terms of recovering but the whole market takes time to react on Bitcoin bullish trend. However, the entire market will react immediately if Bitcoin goes down. Don't need to go through past history, just take a deep look recent market crash. Expert trader sometimes fall into dilemma and take the wrong step in bear season.
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Japinat
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June 11, 2021, 09:31:12 PM |
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Yes you just to have patience. Buy at low price sell at a higher price. But you have to set a mind to hold until Your sell target reach. To learn the first rule... Not to sell until your target fills up.
Trading is not as easy as buying and selling, there is still need a deep understanding and knowledge about technical analysis before you do trading, that technique of buying at low and waiting for it to goes up before you sell is not easy well especially if you still have no standard price or the target price. It's not that easy because we don't know if the price will continue going down or going up. Can't deny that...and people must have to know that rather than being brag by someone like OP saying trading is so easy. Nothing can tell that, promise. What makes trading is hard because of market fluctuation, we never know its direction, and was so hard to predict. If we only just know where it goes, when it pump and dump, many trading or all traders becomes now a millionaire but unfortunately, it was not the real happening.
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Mahanton
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June 11, 2021, 10:04:05 PM |
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Yes you just to have patience. Buy at low price sell at a higher price. But you have to set a mind to hold until Your sell target reach. To learn the first rule... Not to sell until your target fills up.
Trading is not as easy as buying and selling, there is still need a deep understanding and knowledge about technical analysis before you do trading, that technique of buying at low and waiting for it to goes up before you sell is not easy well especially if you still have no standard price or the target price. It's not that easy because we don't know if the price will continue going down or going up. Can't deny that...and people must have to know that rather than being brag by someone like OP saying trading is so easy. Nothing can tell that, promise. What makes trading is hard because of market fluctuation, we never know its direction, and was so hard to predict. If we only just know where it goes, when it pump and dump, many trading or all traders becomes now a millionaire but unfortunately, it was not the real happening. You would definitely see it for yourself once you had step foot on the actual situation or when you do already make trades.If you do believe that trading was easy and you havent experience it yet then you cant prove it out and when you do become too confident but ending up on losing money or investment just because you dont know on what you are doing then this is the time you would really be realizing that trading is a hard thing to be done. Due to moving and unpredictable market movements its really hard to determine neither the price would go up or go down and only with experience is the only way that we can really sustain this market.
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ahoenk
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 11, 2021, 10:26:30 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.
You talked about DCA ( Dolar Cost Averaging ) right ? It is easy to say but hard to implemented it in real trading situation. How if the price goes up ? Did you still buy more or taking profit immadietly after you got profit ? These are the things you need to prepare before you trade : 1. Money management 2. Risk management 3. Technical analisys knowledge 4. Fundamental analisys knowledge
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qwertyup23
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 11, 2021, 10:42:10 PM |
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This is really bad advice especially for newbie and veteran traders in the market.
Trading isn't easy. If it were that easy as you described it to be, then it would be considered very profitable and all traders would be millionaires by now. Trading can be extremely difficult especially if you are new to this kind of investment. It requires patience, knowledge, and determination in order to at least break even or gain profit from your trades. In addition, when you start trading large amounts of bitcoins, the slightest change can either make or break your pattern.
There are, however, certain indicators that a trader can utilize in order to lower the risk of failing on a trade. Apply the different trading schemes and techniques in order to reduce these risks but those aren't absolute solution that will work most of the time.
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