Silberman
Legendary
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Activity: 2716
Merit: 1383
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August 03, 2021, 06:15:14 PM |
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I believe you made your first deposit too early and started trading. Like any newbie, the first thing you need to do is understand the mechanics of the market and get used to losses. But it is best to do this without losing your own money, it will be enough to start with a demo account, which you will take very seriously as real money. Over time, you will gain enough experience to make a good real money deposit.
Most newbies make this mistake somehow thinking that they are going to miss in the action if they do not enter the market immediately not understanding that the market is not going to disappear and there is always going to be an opportunity to make money in it, but they are so desperate to generate profits and to become rich overnight that they never think about these kind of issues and then they have to pay the price and lose a great deal of money because of this attitude.
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Hamphser
Sr. Member
Offline
Activity: 2604
Merit: 339
Vave.com - Crypto Casino
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August 03, 2021, 08:27:02 PM |
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hello community members, am new in trading and run into problems recently with trading where i almost lost all my funds. i started trading with a single token i have made x2 profits within a week when i decided to trade another coin which from my analysis the coin have great potential because of it price at that time and that was the beginning of my lost. what went wrong and what strategy will you advice i adopt that will help me in my future trading that will give good profits and minimize lost. your views are appreciated.
What will happen in future does depend on how you do make out trades because no one could able to help you out but only yourself because you are the ones would make out trials and errors towards your trading. You cant just expect to have perfect or making profits constantly when doing trading and its just normal that you would commit losses and in all the projects currently in the market then you would really be having a hard time on looking on potential ones.Suggestion i would say that stick into your analysis and losses are inevitable.Discover and enhanced yourself.
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boyptc
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August 03, 2021, 09:31:36 PM |
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I believe you made your first deposit too early and started trading. Like any newbie, the first thing you need to do is understand the mechanics of the market and get used to losses. But it is best to do this without losing your own money, it will be enough to start with a demo account, which you will take very seriously as real money. Over time, you will gain enough experience to make a good real money deposit.
Demo accounts are good for those that can't risk their actual money to trade. But afterwards, you have to deposit and use your money for it and there's no way to flee from that. You'll gain what you have needed to gain by using your money for deposits. There are a lot of websites that allows tests and practice.
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DoublerHunter
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August 03, 2021, 09:52:58 PM |
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hello community members, am new in trading and run into problems recently with trading where i almost lost all my funds. i started trading with a single token i have made x2 profits within a week when i decided to trade another coin which from my analysis the coin have great potential because of it price at that time and that was the beginning of my lost. what went wrong and what strategy will you advice i adopt that will help me in my future trading that will give good profits and minimize lost. your views are appreciated.
^ Regular traders are expected to experiences some losses and that is fine. I think the best strategy that you can do is to improve your trading analysis and skills and also using a tool that can also help to reduce or minimize the possible loss in trading, use a tool that can manage your portfolio wherever you go you can monitor on it. And a tool that can be automated cut your losses when the price suddenly drops, and on behalf of you auto trading bot is a perfect tool that can execute trading upon with your command. Nevertheless, all these tools are just a tool, it won't work without your command and if you don't have enough skills, this will not work.
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rosebrand
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August 03, 2021, 10:19:33 PM |
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At first I think if you really want to make profits then you should trade with a coin that has much volatility because that's where the money is being made from, but at first you need to strategies and have a cool knowledge about technical analysis and also try as much as possible to use stop loss because it will save you very much from high losses. Always try to learn from your mistake and know why you had a loosing trade and try to correct the error.
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LUCKMCFLY
Legendary
Offline
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
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August 04, 2021, 03:15:01 AM |
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hello community members, am new in trading and run into problems recently with trading where i almost lost all my funds. i started trading with a single token i have made x2 profits within a week when i decided to trade another coin which from my analysis the coin have great potential because of it price at that time and that was the beginning of my lost. what went wrong and what strategy will you advice i adopt that will help me in my future trading that will give good profits and minimize lost. your views are appreciated.
What will happen in future does depend on how you do make out trades because no one could able to help you out but only yourself because you are the ones would make out trials and errors towards your trading. You cant just expect to have perfect or making profits constantly when doing trading and its just normal that you would commit losses and in all the projects currently in the market then you would really be having a hard time on looking on potential ones.Suggestion i would say that stick into your analysis and losses are inevitable.Discover and enhanced yourself. I strongly agree, if we start to see every time we lose the important thing is to know why, so we learn much more, when we win in trading many times we do not highlight the why but rather we rejoice and let ourselves be carried away by emotion, and Although sometimes you lose in the operations, it is important to leave with a positive balance, in case we lose a lot it is recommended to analyze the market in another way, since you are not seeing the trading in a correct way, that is, the plans must be totally changed. Many people see trading not as a business, but as a quick money-making option, and that's where they really fail.
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Mkmanik
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August 04, 2021, 03:03:28 PM |
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what went wrong and what strategy will you advice i adopt that will help me in my future trading that will give good profits and minimize lost. your views are appreciated.
First of all "Don’t invest any money you can’t afford to lose”Secondly, DON’T PUT ALL YOUR EGGS IN ONE BASKETTry to learn some basics about the crypto trade. I would say try to learn everything before doing any trade. Without the proper skill of the trade, you cant make money here. You will lose sooner or later. Try to learn about candlestick, how to use stop-loss, various indicators, Risk management, etc. Keep in mind that, 95% of Traders Lose Money and Fail in trade. So it's not so easy, You need to spend a lot of time to understand this. First learning, then try to earn. Good luck
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AakZaki
Legendary
Offline
Activity: 2338
Merit: 1084
zknodes.org
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August 04, 2021, 03:18:26 PM |
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I believe you made your first deposit too early and started trading. Like any newbie, the first thing you need to do is understand the mechanics of the market and get used to losses. But it is best to do this without losing your own money, it will be enough to start with a demo account, which you will take very seriously as real money. Over time, you will gain enough experience to make a good real money deposit.
experience is indeed an important thing to train mentally when trading and our readiness in unfavorable market conditions. Market mechanisms really need to be understood, but don't get used to losses. The most correct thing is to get used to price fluctuations so that you can avoid the impact of bigger losses and get as much profit as possible. always use free money to trade, it will be better.
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Mamun74
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August 04, 2021, 04:22:58 PM |
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I think, You need to now profitable trade. It's surely you need to know about trading. You make first trading so truly you need good trading signal.Then you can make you first deposit for trading. Trading with valuable coin and make good profit (2x) total.
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zanezane
Full Member
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Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
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August 04, 2021, 04:40:14 PM |
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I think, You need to now profitable trade. It's surely you need to know about trading. You make first trading so truly you need good trading signal.Then you can make you first deposit for trading. Trading with valuable coin and make good profit (2x) total.
Trading signal is a BS to create fake hypes on shitcoins that will only help people that created the signal to make money instead of the people who have invested in it. Ask this yourself, why give signal on coin when you know that it works, I wouldn't give it to anyone if I have the perfect solution.
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XUNing
Member
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Activity: 73
Merit: 10
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August 05, 2021, 02:05:36 AM |
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- Learn to use some analysis indicators, such as MACD, RSI and other technical indicators, can be used to analyze price trends during trading.
- To learn more about trading knowledge, many traders will lose their investment portfolios because of lack of knowledge. Sufficient knowledge can drive success.
- Don't panic about the decline in the price of the trading currency. Loss of funds is part of the transaction and should be accepted as a normal trading behavior. Trading with a wealth of experience will avoid the same mistakes and reduce losses.
- When the currency price rises or falls sharply, stop the profit and stop the loss in time.
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CryptopreneurBrainboss
Legendary
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Activity: 2478
Merit: 4346
eXch.cx - Automatic crypto Swap Exchange.
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August 06, 2021, 04:25:46 AM |
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I think, You need to now profitable trade. It's surely you need to know about trading. You make first trading so truly you need good trading signal.Then you can make you first deposit for trading. Trading with valuable coin and make good profit (2x) total.
Read the OP again to get the message of the OP, he isn't saying he doesn't know how to trade instead trying to get what went wrong with his trading strategy. Already he has previously made profits in other trades he has executed and was successful but just trying to know exactly what he did wrong in this one, which he has from his follow-up discussion on the thread. You advice is totally wrong. A professional trade you say, how do you know if they're professional trad e (if there's even anything like that). Basically you're just relying on a random users you see offering the said professional signal service without even knowing if what he says is true. Firstly the industry is full of fakes so in every 10 signal service provider you see out there, atleast five is total scam which they don't have any intention of providing the service they claim to be providing but just there to scam users. Out if the 5 remaining, 3 don't know what they're doing, the said professional can't even read and interpret charts but just relying on the power of their audience to pump and dump tokens. The other 2 which could be doing the real thing in terms of providing signal could have other motive behind their service like shilling certain project for their selfish gains.
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Tessnik (OP)
Member
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Activity: 336
Merit: 16
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August 06, 2021, 03:58:16 PM |
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You are right, the entire crypto space is full of scammers and I have realized that there is nothing like trading signal provider, it does not exist trading signal is scam it does not work.
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Silberman
Legendary
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Activity: 2716
Merit: 1383
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August 06, 2021, 08:17:52 PM |
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- Learn to use some analysis indicators, such as MACD, RSI and other technical indicators, can be used to analyze price trends during trading.
While learning to use some indicators in order to trade is without a doubt important at the same time you need to be able to put a coherent strategy around them, after all there are people that are experts at using many indicators and when you see their charts it is almost impossible to see what the price is doing because of all of the indicators that they have in place, however even if they have so many indicators they do not really know what to do with them and that's why they still lose money despite their deep knowledge of the inner workings of those indicators.
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btc-facebook
Legendary
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Activity: 1862
Merit: 1015
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August 07, 2021, 08:31:43 AM |
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I think, You need to now profitable trade. It's surely you need to know about trading. You make first trading so truly you need good trading signal.Then you can make you first deposit for trading. Trading with valuable coin and make good profit (2x) total.
I firmly believe that if trading signals are not a good strategy, it may be profitable, but for how long? Are you sure trading signals can give you consistent profits? I doubt that. Trading is about understanding our own potential and abilities, and the OP is very visible if as a trader he has not found his potential and abilities, learning from mistakes is the best way to solve the problem, not trading following trading signals.
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Silberman
Legendary
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Activity: 2716
Merit: 1383
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August 09, 2021, 06:10:01 PM |
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I think, You need to now profitable trade. It's surely you need to know about trading. You make first trading so truly you need good trading signal.Then you can make you first deposit for trading. Trading with valuable coin and make good profit (2x) total.
I firmly believe that if trading signals are not a good strategy, it may be profitable, but for how long? Are you sure trading signals can give you consistent profits? I doubt that. Trading is about understanding our own potential and abilities, and the OP is very visible if as a trader he has not found his potential and abilities, learning from mistakes is the best way to solve the problem, not trading following trading signals. That is the thing, those that are relying on signals are relying on someone else for their financial future, someone they do not know, someone from which they do not know their credentials, intentions or anything else that could help them to decide if this is the person they want in charge of their future, to me this is incredibly scary and there is no amount of hype that will convince me that this is the right path for me since I prefer to study on my own and learn how to trade by myself.
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n0tailbg
Jr. Member
Offline
Activity: 48
Merit: 1
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August 12, 2021, 11:03:38 AM |
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hello community members, am new in trading and run into problems recently with trading where i almost lost all my funds. i started trading with a single token i have made x2 profits within a week when i decided to trade another coin which from my analysis the coin have great potential because of it price at that time and that was the beginning of my lost. what went wrong and what strategy will you advice i adopt that will help me in my future trading that will give good profits and minimize lost. your views are appreciated.
An example of how to correctly predict the price can be seen here. I would advise you to write your question to them in the comments, I think they will name the tools with which they make their predictions.
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ajochems
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August 12, 2021, 05:14:38 PM |
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hello community members, am new in trading and run into problems recently with trading where i almost lost all my funds. i started trading with a single token i have made x2 profits within a week when i decided to trade another coin which from my analysis the coin have great potential because of it price at that time and that was the beginning of my lost. what went wrong and what strategy will you advice i adopt that will help me in my future trading that will give good profits and minimize lost. your views are appreciated.
Maybe at first, if you tell us you almost lost all your funds it means in every trading you put all your money. Maybe that thing need to be changed first. If you get x2 profit, i think you can use only your profit to do trading again so you have back up when your prediction missed. Maybe that is first that you can do in future. Trading some times work and get you huge profit.But for that,you need to hold for the longer period as much possible.Sometimes you may lose 70 percentage of investment.Time define the profit.Holding people get huge profit all the time.Some people loss by doing panic selling.
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Lordshiva
Full Member
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Activity: 840
Merit: 126
Welcome back 🙏
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August 12, 2021, 05:41:45 PM |
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hello community members, am new in trading and run into problems recently with trading where i almost lost all my funds. i started trading with a single token i have made x2 profits within a week when i decided to trade another coin which from my analysis the coin have great potential because of it price at that time and that was the beginning of my lost. what went wrong and what strategy will you advice i adopt that will help me in my future trading that will give good profits and minimize lost. your views are appreciated.
Trading is risky and we can't avoid the fact that there is no perfect trading, everyone of us experience a lot of loses in trading but we need to continue to discover new strategy to earn profit and not to lose. My trading strategy is very simple, just buy low sell high with a good coin in the market. Trading also needs patience and try to learn the price and graph movement. Yes if there was some thing like perfect trading then he/she would have became billionaire in few years. You can get familiar in trading by talking with people and taking their thoughts , watching some online videos can also help but really you can only learn when you do it yourself . Your knowledge will only get increase with your experience in trading.
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sheryllmcnulty
Newbie
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Activity: 20
Merit: 11
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September 20, 2021, 05:05:59 AM |
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No one can create the right strategy in the first attempt. It is created through re-evaluation. Analyzing your mistakes and making required changes will help you improve.
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