Rajamuda
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August 31, 2021, 07:03:56 AM |
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No need to be afraid, if we have made a decision to trade... that means we must be prepared to face risks and be able to cover them with the best possible effort. If we can manage our emotions well, it will be close to good results, we are like playing with chances many times, and it would be easy if we are used to and have a lot of experience with more things in trading.
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Evgenklm
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August 31, 2021, 12:27:00 PM |
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No need to be afraid, if we have made a decision to trade... that means we must be prepared to face risks and be able to cover them with the best possible effort. If we can manage our emotions well, it will be close to good results, we are like playing with chances many times, and it would be easy if we are used to and have a lot of experience with more things in trading.
To some extent, you are right, trading requires nerves of steel and confidence in your actions, there is no place for emotions in the market, and one of the most important things in the market is knowledge and orientation in cryptocurrency in general, and this requires experience that has been accumulating for years.
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Sanugarid
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August 31, 2021, 03:02:06 PM |
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It's not easy, don't be misled by this post newbies, trading takes time and it's a continuous learning process so I don't think that it's exactly the definition of easy. Plus there's risk involved so no way in hell that something that has an inherent risk in participation it's going to be easy.
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South Park
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August 31, 2021, 04:20:33 PM |
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Trading will only be easy if you have a full idea about in cryptocurrency in terms of technical and fundamental analysis. Aside from that, we must always be update about the trend of the cryptocurrency or bitcoin due to with it, We can monitor the movement of the market as well.
trading easy as long as we have skill in technical or fundamental, and now the question is matering these skill easy or difficult for us? when we start studying analizing market we will need several years , trial and error finding best trading system will be bad moment for them cause usually they will lose alot of money. This is the issue, if you have the skills then it is obvious you can obtain money from the markets with some ease but no one talks about how do you get there, and it is obvious that the journey to get there is very difficult and you have to invest years of your time, effort and money to be able to become good enough to make money from the markets, and this is not something the majority of people can actually do as we have seen in the past.
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LUCKMCFLY
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September 11, 2021, 04:18:07 AM |
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It's not easy, don't be misled by this post newbies, trading takes time and it's a continuous learning process so I don't think that it's exactly the definition of easy. Plus there's risk involved so no way in hell that something that has an inherent risk in participation it's going to be easy.
You are right, in my personal case I never stop learning in crypto, it is not something easy as they say in OP because everything has its job, and this job consists of continuing to search for information, realize the possible fundamentals, know and be aware of all world events apart from having a financial culture about world economies, of the most stable countries, of having an idea of how the economy is moving in Europe, North America, and the Asian continent, because all that factor depends on many movements In the market, apart from trying to guess what whales can do, I consider that all that knowledge should be and applied to the market, I consider trading as a career, and every day something new is learned.
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MIner1448
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September 11, 2021, 02:48:05 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 agree with you that the winnings are almost always 50/50, and when the markets get hot it is very difficult to stop, especially on futures, I catch myself constantly on this problem, when the market is hot it is necessary to maximize profit consolidation and exit, often after if you do not exit on time immediately, the market falls in a matter of hours and sometimes minutes
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carrigan
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September 11, 2021, 03:02:13 PM |
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I think if trading is considered easy it is not right. You really have to understand cryptocurrency. Especially with market conditions that are always up and down and difficult to predict, this is certainly a challenge for you. Besides that, you also have to race against time which can drain your emotions, so be smart to control your emotions. Usually this is an important point and outline that you must master before you enter cryptocurrency.
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bamb
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September 11, 2021, 04:27:17 PM |
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One of the fundermental precautions in trading Cryptocurrency is never to buy green dildo. You must discipline yourself not to be carried away with upward price action, because there is nothing that goes up that will not come down. Buying the dip can not be overemphasized! Selling is not an option when the market correct! I agree with op that Cryptocurrency trading is easy if you make it easy for yourself!
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Rana590
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September 11, 2021, 06:10:35 PM |
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You have mentioned some basics rules of trading. Without proper knowledge on trading, there is a high risk of losing money. Here, you should know basics rules as well as hard technical analysis. I think we shouldn't say that trading is so easy, it's not at all easy to earn profit.
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Davidvictorson
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September 11, 2021, 06:32:54 PM |
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Maybe you're buying without doing hard or specific technical analysis wherein you only basing on the color what they have in the market which a big mistake.. Actually when it comes trading i do believe it depends if you know how to combine those indicators just to get the real situation of the candles.. If not that's what will you get after buying.. Indeed i have the same experience when it comes trading such coins and it's really hard to get.. But doing research and reading some stuff related to this.. Im now aware and can prevent losses when trading by the combination of those indicators aswell.
Sometimes, it has nothing to do with fear but with some other factors such as preference, personality traits (some folks are not just cutout for the highs and lows of the market), time and convenience. Honestly, I don't trade because my heart can't stand it yet. But I'll just reiterate some basic knowledge that everyone in the crypto space ought to know. Trading requires a solid understanding of the market. Use all the tools at your disposal. Understand technical analysis. Read, research and keep researching. Stay updated with coins you want to trade on every single day.
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Rengga Jati
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September 11, 2021, 08:45:22 PM |
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You have mentioned some basics rules of trading. Without proper knowledge on trading, there is a high risk of losing money. Here, you should know basics rules as well as hard technical analysis. I think we shouldn't say that trading is so easy, it's not at all easy to earn profit.
Exactly, even a professional trader will not say this, because they really know how trading is. Even it is sometimes easy, there are also risks to be faced and there will be challenges, even higher challenges with higher risks to take. I know that what OP said maybe to support and give motivation. But, motivation will not work without any further knowledge, consideration, and also analysis. I know that it means that we don't need to worry about trading, but at least, we must know the risks in order to avoid and face them wisely, so that we are trading based on knowledge, not only based on willingness to trade.
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