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Author Topic: Don't trade using instinct  (Read 1203 times)
carrigan
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October 18, 2021, 11:45:05 AM
 #161

The solution I can give is to choose an altcoin that has weight and has good performance so far, such as ETH or BNB, some good altcoins are still available. This is because coins that are booming and have good performance will experience a good market trend quickly. So you don't have to waste time waiting. this can save your time, which is true as a trader we have to sacrifice some time but there is nothing wrong if you can save your time but still follow profitable market trends.
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October 18, 2021, 01:15:58 PM
 #162

Most of us only rely on instinct to trade and make decisions, this is the type of trader who is lazy because he doesn't want to learn, maybe traders who only rely on instinct can profit but will eventually lose, trading requires a lot of knowledge such as technical analysis, news and so on, it can we learn on youtube or this sub forum.

Trading that is not backed up by high-quality knowledge of the processes taking place in the cryptocurrency market is a very risky business. Many people start trading like this, but in the future they do not rebuild and do not acquire knowledge and do not replenish their stock. In this case, sooner or later the market will take what is due to it and the person will lose his profit, although this could have been avoided.

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October 18, 2021, 01:22:34 PM
 #163

I suggest to invest in the top coins in the market like bitcoin, ethereum, binance coin these coins are good investment but if you already invested these altcoins then invest in the NFT game coins like the AXIE, DPET, PVU and SKILL these coins are cheap now so it's good time to buy and hold for long term.

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October 18, 2021, 06:42:39 PM
 #164

It should be realized that our main purpose here is to trade and invest, not to gamble.
when someone does a job related to crypto carelessly and only guesses and predicts, then what is the difference with gambling.
In crypto there are many features such as candles or for example charts.
this is of course used to make it easier for us to do TA, because here is not a guessing place and depends on luck.
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October 18, 2021, 07:59:58 PM
 #165

That's right, cryptocurrency investments aren't about just following your good guess to invest with or your good instinct. It's about learning and investigating about what you're going to invest if it's outcome is to be successful or not. So, moat importantly in trading or investing, we should know how to take a risk and know the consequences if the project wouldn't become successful.
in fact, trading based on instinct will only make us more anxious. I've done this before. chose a coin based on a forecast, and when the price dropped, I panicked and immediately sold it. other than that, I don't know what coin I chose at that time. I just saw a pretty big drop in price, and thought that there would be a bounce of the coin. yeah, i was totally wrong.
however, a good trader will move according to the right information, and choose an investment selectively based on his research. I've seen a lot of people like that, and really believe that the coin will go up. they do it not only because they rely on instinct, but also they have the basis of their research.


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October 18, 2021, 08:37:46 PM
 #166

It should be realized that our main purpose here is to trade and invest, not to gamble.
when someone does a job related to crypto carelessly and only guesses and predicts, then what is the difference with gambling.
In crypto there are many features such as candles or for example charts.
this is of course used to make it easier for us to do TA, because here is not a guessing place and depends on luck.
Taking into account, those are proven ways to enhance your chance in succeeding from this business, instinct also help once you have the right knowledge to use, people who use this venue without proper idea with what they need to do are same alike with gamblers who just place their bet and wait for the result.

If luck permits, they will win. If not, consider the amount as wasted money for such an event that they've participated in gambling.

Be wise, trade by using all the possible guides. It will lead you to a better success rate, keep enhancing your chance by keep learning from
all the fundamentals of this business.

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October 18, 2021, 09:38:38 PM
 #167

It should be realized that our main purpose here is to trade and invest, not to gamble.
when someone does a job related to crypto carelessly and only guesses and predicts, then what is the difference with gambling.
In crypto there are many features such as candles or for example charts.
this is of course used to make it easier for us to do TA, because here is not a guessing place and depends on luck.
But you still take the risk so you are also like gambling, in gambling it's not always based on luck too, there are games which are called skilled based gambling, we uses some analysis and we have a basis on our bets, same strategy could be applied in trading as well, it only depends on how good our analysis are but it always doesn't guarantee anything.

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October 19, 2021, 07:31:21 PM
 #168

It should be realized that our main purpose here is to trade and invest, not to gamble.
when someone does a job related to crypto carelessly and only guesses and predicts, then what is the difference with gambling.
In crypto there are many features such as candles or for example charts.
this is of course used to make it easier for us to do TA, because here is not a guessing place and depends on luck.
Taking into account, those are proven ways to enhance your chance in succeeding from this business, instinct also help once you have the right knowledge to use, people who use this venue without proper idea with what they need to do are same alike with gamblers who just place their bet and wait for the result.
If luck permits, they will win. If not, consider the amount as wasted money for such an event that they've participated in gambling.
it's true that way because I never thought that instinct was unimportant but its use must be right.
and what you said about instinct in general is that we use the instincts that we have accompanied by the TA and the research we do.
this is a difference when people who do a combination of TA and the research we do are accompanied by the use of instinct in open positions, of course the results will be very different from people who only use their instincts without being accompanied by techniques and research first.
But you still take the risk so you are also like gambling, in gambling it's not always based on luck too, there are games which are called skilled based gambling, we uses some analysis and we have a basis on our bets, same strategy could be applied in trading as well, it only depends on how good our analysis are but it always doesn't guarantee anything.
I think you have answered what you said.
taking risks I think is a must when we are on this path because crypto is a place full of risks.
and as you said we must have an analysis first before using instinct because indeed the results will determine whether the analysis we do and the instincts we have will be positive or not.
and as I said before, the risk of people who use the analysis first is accompanied by instinct after that, the results will be different when we only use instinct to guess the market.
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October 20, 2021, 11:27:40 PM
 #169

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you. Smiley
As I know, they always insinuate that every cryptocurrency is a trade and even if they could read investing boldly, they would consider it the same as a trade. You make a recovery profit from cryptocurrency or is it advice, and if this is not your first request for advice on cryptocurrencies, how profitable will it be for you, therefore I advise you to be very thorough in this regard.
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October 20, 2021, 11:31:24 PM
 #170

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you. Smiley
I think it is good that you are still interested in cryptocurrency, even though you have lost a lot of assets with it because in the end the experience you gain with it can be much more valuable in the long run than the money you lose. Then I will make very risky investments into new projects that still have a lot of potential.
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October 20, 2021, 11:45:55 PM
 #171

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you. Smiley
I've never heard of anyone trading on instinct. It's not something that is needed in trading, we need knowledge in trading. I can't imagine if anyone actually traded by instinct, that's too bad of an idea. If you are already logged in to trade on the BSC platform then there is a large selection of tokens that have pretty good potential, as well as some new tokens that have a basic NFT and haven't earned a very high ATH, then these tokens have very good potential. for us to hold the token. Remember that crypto trading is not like when you bet or play luck based gambling games. Trading is different, it takes enough knowledge to do it right.
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October 20, 2021, 11:56:21 PM
 #172

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you. Smiley
I think it is good that you are still interested in cryptocurrency, even though you have lost a lot of assets with it because in the end the experience you gain with it can be much more valuable in the long run than the money you lose. Then I will make very risky investments into new projects that still have a lot of potential.
Anything does have risk which means that whenever you do make out investment decisions then you should be prepared for the risk involved and this isnt something that you could just simply
make out that having gambler like mind on where placing and just let it sit and wait for profits because thats not how it works.Trading using instincts is something which should really
be avoided even though there are really times which you couldnt really able to resist basing up with those presumptions ending up on decision making because of hints
and guts do tell you but it wasnt really that ideal at all.

R


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October 21, 2021, 03:08:31 PM
 #173

You can't just do some head calculation and venture into any kind of investment it goes way more than that, for me, I learn not by reading articles alone but learn from the best, and by this I mean people who have been into this line of investment and making a profit from it.

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October 21, 2021, 05:07:37 PM
 #174

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you. Smiley

Did you mean new user of this forum? Not crypto, because you said it yourself that you already lost a lot of assets due to your lack of experience.
Ofcourse you don't trade using instinct because that won't give us the profit we planned, basically doing research for some various trade experts in the internet or youtube would help you how to trade without losing so much. And it depends if your planning to trade for daily or weekly basis.
Cheer up mate! Because this time you aren't starting from a scratch because you already had an experience about trading. Just don't forget that to trade only what you can afford to lose.

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Cling18
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October 21, 2021, 05:10:58 PM
 #175

Those who trade by instinct is those who were carried away by the hype of a certain coin. We should know what to consider before we trade. We must do a background check about the potential of the coin first and check its purpose so you'll have an idea about its capability. Through that, you'll be able to deal with its volatility no matter what the market situation is.
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October 26, 2021, 09:00:30 AM
 #176

trading using instinct, I think it's the same as gambling. this is said to be lucky, while the luck will not come every time. Therefore, we divide them into strategies which include technical analysis, money management, and psychological trading, by mastering these three, I think we will be able to survive in the trading world. usually psychology is the most decisive for the success of a trade

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October 26, 2021, 11:57:39 AM
 #177

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you. Smiley
Indeed this is absolutely true it is really hard to win in trading if you will just use your instinct I already experience those loses in trading when I just use my instinct and because of that I learned that you really need to understand the technicalities and fundamentals of trading for you to succeed on this field.

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October 26, 2021, 01:09:19 PM
 #178

Hello buddy
I am a new user in crypto, I learned a lot from friends who have been using crypto for a very long time, previously I lost a lot of assets, because of the experience and lessons I learned so that I can trade well, I have profited from BSC coins and now I have not invested in any other altcoins. Can you provide any suggestions for potential future altcoins?
I have $1226 in assets, Thank you. Smiley
I respect your rise to become a good trader today and I believe you can become one of the potential traders.  for potential altcoin choices you can do an analysis based on the top 10 coins on coinmarketcap and you can be there to choose the right one.  but with $1226 in assets you can be in ETH or LTC.  good luck
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October 26, 2021, 03:30:22 PM
 #179

trading using instinct, I think it's the same as gambling. this is said to be lucky, while the luck will not come every time. Therefore, we divide them into strategies which include technical analysis, money management, and psychological trading, by mastering these three, I think we will be able to survive in the trading world. usually psychology is the most decisive for the success of a trade
yes I agree because trading is not gambling, trading requires a lot of analysis and trading must go through the right thinking.  So whatever instinct I think is not right and there is a big risk of loss and it will definitely happen

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October 26, 2021, 04:00:23 PM
 #180

True, if we trade only relying on instinct then we will lose a lot of money, these few days I'm serious about learning and understanding various complementary trading techniques such as chart analysis, and trying with small values can prove to be profitable. In addition to understanding analysis, experience is the most important thing for a successful trader.
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