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Author Topic: Trading Cryptocurrency for 1 Week!  (Read 1114 times)
perfect999
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November 18, 2021, 02:44:04 PM
 #81

I agree with your opinion about trading skills because it is more important than following the trend at the same time in my opinion when you are trading in the direction of trend then you will get better chances rather than believing into your trading skills. As we read a lot about failure of technical analysis time to time then I believe it would be much better not relying only on our technical skills but we should bother about other aspects of safer trading as well.
Technical analysis is always not enough for anyone to get profit from crypto trading hence, we need to consider other factors and scenarios so that we could skip losing trades. The main goal of a trader should be being selective on right trades. There will be no point of opening positions for all the signals we are getting because there will be only less than 50% chances that we will get profits when we are following technical analysis. So, we must filter out all other signals with the help of other aspects of market.

This way we can ensure about long-run in crypto trading by having very small number of losing trades and by securing our capital which must be growing slowly over the time.
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November 18, 2021, 03:18:44 PM
 #82

How is it going? Some of my acquaintances made a good profit for the first month!
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November 18, 2021, 08:23:35 PM
 #83

This way we can ensure about long-run in crypto trading by having very small number of losing trades and by securing our capital which must be growing slowly over the time.
Sustaining at crypto market is more important than anything else. It is like what will be the point of keep on trying all the signals and then making profit from one trade but losing with all other trades; that scenario will be ending up losing all of your capital. So, minimizing the number of trades will help anyone to have profitable stay in crypto trading.

I agree with being selective at our signals after generating but usually I will not open a new trade after a signal from my TA only when there are no enough funds.

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November 18, 2021, 09:22:31 PM
 #84

Technical analysis is always not enough for anyone to get profit from crypto trading hence, we need to consider other factors and scenarios so that we could skip losing trades. The main goal of a trader should be being selective on right trades. There will be no point of opening positions for all the signals we are getting because there will be only less than 50% chances that we will get profits when we are following technical analysis. So, we must filter out all other signals with the help of other aspects of market.

This way we can ensure about long-run in crypto trading by having very small number of losing trades and by securing our capital which must be growing slowly over the time.
The thing about TA is that there is a truth in TA not being enough, however it doesn't make it useless neither so it puts people in weird situations. Imagine something that you can't trade with because you will lose money if you ignore it, but something that won't help you make a profit neither. That is why it is quite difficult to focus on TA and hope that you earn a lot of money. I believe that there is a fine line between using something and relying on something. If you end up trusting it and consider that is everything you have to do then you will end up losing a lot of money. However if you end up using it just for confirmation then you could make a good profit.
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November 19, 2021, 12:25:41 PM
 #85

https://www.youtube.com/watch?v=UmxGGxAvqus

I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
I don't believe in your submission above that everyone can trade crypto currency and be successful. If you are good trader that doesn't mean everyone else can do the same for your state if mind and that of others differ. It seems to me that you are just looking for more viewers on your YouTube channel and nothing more.
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November 24, 2021, 10:02:27 PM
 #86

https://www.youtube.com/watch?v=UmxGGxAvqus

I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
I don't believe in your submission above that everyone can trade crypto currency and be successful. If you are good trader that doesn't mean everyone else can do the same for your state if mind and that of others differ. It seems to me that you are just looking for more viewers on your YouTube channel and nothing more.
It is not even about believing, there is extensive evidence the majority of people that try to trade the markets lose their money during the first year in which they try it, it is because of this the claims of the OP of being successful for one week in this market are completely useless, he could have been lucky and nothing more, if instead he showed evidence he had been able to become successful for the whole year while making many trades then I would be more inclined to believe his claims.

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November 24, 2021, 10:12:55 PM
 #87

one week is good enough to trade well but stay alert and choose the  good coins to trade. whatever it is, if we can do our best, we will certainly get the benefits, just like trading. but we need to be aware that the crypto market is often volatile and unpredictable so we must control our emotions well. if it is a start then it is a good start to advance to the next week and so on with the hope of getting the same profit and even bigger. anything can be obtained if we want to try our best in trading.

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November 24, 2021, 10:35:35 PM
 #88

If the trader is an expert on trading maybe one week is very long for him to earn.
One week isn't a very long time, I also sometimes take profits after 1 week. A weekly trader surely takes profits for more than 1 week, so holding the tokens for 1 week is normal. Anyway, an expert doesn't hurry to take profits, he knows the best time to take profits. It can be 1-3, or maybe more than 1 week, depending on the growth of the tokens prices and the market situation.
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November 24, 2021, 11:22:41 PM
 #89

If the trader is an expert on trading maybe one week is very long for him to earn.
One week isn't a very long time, I also sometimes take profits after 1 week. A weekly trader surely takes profits for more than 1 week, so holding the tokens for 1 week is normal. Anyway, an expert doesn't hurry to take profits, he knows the best time to take profits. It can be 1-3, or maybe more than 1 week, depending on the growth of the tokens prices and the market situation.


It's natural to judge that way because everyone has their own way of selling the coins they have. Some people will sell when the price is really high and buy when the price is really down. so everyone has a different strategy.

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November 24, 2021, 11:55:52 PM
 #90

If the trader is an expert on trading maybe one week is very long for him to earn.
One week isn't a very long time, I also sometimes take profits after 1 week. A weekly trader surely takes profits for more than 1 week, so holding the tokens for 1 week is normal. Anyway, an expert doesn't hurry to take profits, he knows the best time to take profits. It can be 1-3, or maybe more than 1 week, depending on the growth of the tokens prices and the market situation.


Yes its not very a long time but actually there are sudden changes that will happen for a days that's its good to do short trades if you don't know what will be the outcome on your weekly or monthly trades especially when you are new since by trading on day by day basis for sure you will get an experience on how to trade correctly or trade for long term. Also the important thing in trading is don't get hype and don't buy at FOMO.

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November 27, 2021, 01:29:21 PM
 #91

If the trader is an expert on trading maybe one week is very long for him to earn.
One week isn't a very long time, I also sometimes take profits after 1 week. A weekly trader surely takes profits for more than 1 week, so holding the tokens for 1 week is normal. Anyway, an expert doesn't hurry to take profits, he knows the best time to take profits. It can be 1-3, or maybe more than 1 week, depending on the growth of the tokens prices and the market situation.


A meaningful time for everyone to see prices go back up in the next few days. everyone has the opportunity to make a very good profit later. You should look for new knowledge that can generate profits later.

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November 27, 2021, 04:42:41 PM
 #92

https://www.youtube.com/watch?v=UmxGGxAvqus

I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
Crypto Is not one week game. one should seek all basic charts reading technique to become good trader.
Crypto for ine weak is just like playing 1 match and win by luck. Its not sign that you will get profit every time.
If we hold for long term almost 2-3 years we will be able to gain big profit.









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November 27, 2021, 04:55:44 PM
 #93

And please share where you started? I mean, did you study somewhere or did you take courses?
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November 28, 2021, 08:36:52 PM
 #94

It all depend on your lucky. You can trade cryptocurrency for just a week and you can make some profit if you trade good coins, unless you trade some shitcoins that have die already. I have a friend that trade a coin just for four days and he was able to make some huge profit. You can even trade for five months and you will not make any profit, if you don't understand charts in cryptocurrency, in fact you will continue losing if care is not taking. Making money in doesn't depend on days, weeks or months once you understand the logistics.

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November 28, 2021, 09:16:22 PM
 #95

And please share where you started? I mean, did you study somewhere or did you take courses?
You really have to start from this because you can’t be good in trading if you don’t study how it works, don’t just think that you can easily make money in trading for one week without any experience or knowledge about trading, though this is not a hype but a proof that if you do your best to analyze, you can be more profitable.
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November 28, 2021, 11:18:32 PM
 #96

How is it going? Some of my acquaintances made a good profit for the first month!

and why didn't you follow your friends? you would also have profits.

well from what I see OP has stopped posting its results and is doing its money lending business here on the forum, trading is something stressful and tiring

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November 29, 2021, 03:35:14 AM
 #97

And please share where you started? I mean, did you study somewhere or did you take courses?
You really have to start from this because you can’t be good in trading if you don’t study how it works, don’t just think that you can easily make money in trading for one week without any experience or knowledge about trading, though this is not a hype but a proof that if you do your best to analyze, you can be more profitable.
maybe op's friend really earns, but he should just ask and look for information on his friend how to earn.
agree with you, that it must start by studying carefully and nothing is instant even in a matter of weeks and that can only be done because of the truth (I can be wrong).
Experience is gained from time to time to keep learning so that what is done will be right with the best results.

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November 29, 2021, 03:47:52 AM
 #98

And please share where you started? I mean, did you study somewhere or did you take courses?
You really have to start from this because you can’t be good in trading if you don’t study how it works, don’t just think that you can easily make money in trading for one week without any experience or knowledge about trading, though this is not a hype but a proof that if you do your best to analyze, you can be more profitable.
maybe op's friend really earns, but he should just ask and look for information on his friend how to earn.
agree with you, that it must start by studying carefully and nothing is instant even in a matter of weeks and that can only be done because of the truth (I can be wrong).
Experience is gained from time to time to keep learning so that what is done will be right with the best results.

You can earn without experience on trading even if you are a day old in trading. The problem is the consistency of your trading profit in the long run. Technical analysis is just a tool to help traders to increase the chance of profitability and it don't guarantee a sure profit because there's only one side on trading that can have profit. Winners just take money of losers so a lucky newbie can definitely can earn in trading buy just simply buying low and selling high.

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Mpamaegbu
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November 29, 2021, 05:47:03 AM
 #99

Sorry to burst your bubble OP, one week isn't enough to judge how a successful trader you've become. Anybody can win a trade at a time like we have it now because of the upward price movement. We're in a bull rally, and people hardly record losses. We get people missing out rather than recording losses during a bull run. I think anyone should trade a complete circle before they can claim they're successful. A complete trade circle in cryptocurrency industry for me is four years. The pre-Bitcoin halving, halving itself and post–halving are the complete experience circle any trader needs to guage themselves in this industry.

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carrigan
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November 29, 2021, 03:19:57 PM
 #100

If you are experienced and have done many trades before. 1 week for trading is not difficult enough. Even the profit earned is also quite large. Self-management is important and you also have to be really selective in choosing coins because the 1 week time limit is limited. Do some analysis so you can have important notes and estimates just in case. But if you are a beginner, this trick can be used as an exercise, don't go straight in by buying coins at random because you feel that the capital you save is now quite large. Stay careful and follow the directions of the professional it's better.
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