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Author Topic: What did you learn about crypto trading?  (Read 2358 times)
Inspiron14
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May 08, 2022, 10:42:46 PM
 #241

During the time I started trading in crypto, I didn't think of making huge money instead I was thinking how to trade successfully and how to avoid losses so that I can keep my small capital secured. In other word, I was afraid of losses. Spending time to learn and understand technical analysis, the trading view platform,and a market as a whole has shown me that making a living and earning good profit is possible in crypto market.
Most of the time new traders make the mistake at that moment. They thought that it is very easy to earn money by investing in crypto currency. They can not control their self ultimately they lost huge money. So it is very important in trading platform is learning there is no alternative way to get success accept it.
Maybe there are many people out there who think that it is easy to make a profit either from investing or trading in crypto,
they don't know before they really try it and besides that they should also be aware that investing or trading in crypto has a big risk,
so it is very important to do preparation and also keep learning to improve knowledge and skills

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May 09, 2022, 03:53:12 PM
 #242

During the time I started trading in crypto, I didn't think of making huge money instead I was thinking how to trade successfully and how to avoid losses so that I can keep my small capital secured. In other word, I was afraid of losses. Spending time to learn and understand technical analysis, the trading view platform,and a market as a whole has shown me that making a living and earning good profit is possible in crypto market.
Most of the time new traders make the mistake at that moment. They thought that it is very easy to earn money by investing in crypto currency. They can not control their self ultimately they lost huge money. So it is very important in trading platform is learning there is no alternative way to get success accept it.
Maybe there are many people out there who think that it is easy to make a profit either from investing or trading in crypto,
they don't know before they really try it and besides that they should also be aware that investing or trading in crypto has a big risk,
so it is very important to do preparation and also keep learning to improve knowledge and skills
Smart people certainly have to know the basics first before deciding, as with cryptocurrencies, many of them immediately buy a coin without learning it, they are afraid to be late to buy, actually a classic reason, and we may have experienced it when Fomo arrived. of course for that we need to understand crypto and try real trading, so that by itself we will prove the bitter experience of people, and we can feel it, or if we are smart then we can learn from people's experiences so that we can control it
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May 09, 2022, 06:20:31 PM
 #243

My biggest lesson about crypto trading is the fact that no matter what you must sell. Selling is the most pivotal aspect of crypto currency trading because without selling; you are never taking profits and without taking profits and increasing your capital, crypto currency trading is not sustainable. The most important factor to remember is that a 10% profit is better than an 80% loss.
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May 09, 2022, 09:16:29 PM
 #244

Maybe there are many people out there who think that it is easy to make a profit either from investing or trading in crypto,
they don't know before they really try it and besides that they should also be aware that investing or trading in crypto has a big risk,
so it is very important to do preparation and also keep learning to improve knowledge and skills
You are right. Many people out there only know the success in trading or investment, they don't know how difficult to do it. They are interested to do the same thing after they see some people who can earn big money from trading or investment. Because they are in hurry, they forget to learn, they only focus on choosing coins to buy. They don't know if success in trading cannot depend on the coin only, but there are many factors to be considered as well. A proper strategy, a good mentality, knows the market trend are needed to learn. Mastering these things cannot be in a single day, it takes a lot of time.

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May 10, 2022, 03:26:14 AM
 #245

.
The lesson which I learned from my few trading transactions are that I am not suitable guy for this. I switched myself from trading to HODLing  very early and that helped me in minimizing my crypto loss.


What is being said here is the performance of the network knot and the long-term chat holdings that are being held here, if they are mentioned here, what they keep away from here but those who are polite here but sit here with a lot of patience but there are some basic things here.  They also have to be patient by investing because the training they have is more suitable

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May 10, 2022, 07:18:34 PM
 #246

The lesson which I learned from my few trading transactions are that I am not suitable guy for this. I switched myself from trading to HODLing  very early and that helped me in minimizing my crypto loss.
What is being said here is the performance of the network knot and the long-term chat holdings that are being held here, if they are mentioned here, what they keep away from here but those who are polite here but sit here with a lot of patience but there are some basic things here.  They also have to be patient by investing because the training they have is more suitable
Network knot? I don't know what that means but I think it wasn't the fault of the network whatever happens to us. It's hard to understand your post but I agree that we need to have a patience not only in investing but to also in trading. The guy above might be lacking of patience because he said he switch from the very early.

How will we know if we are fit for this or not if we will quit easily? Would it be better if we will allocate more time for practicing and trying? If that still didn't work, that must be the perfect time to change careers. Investing can be much easier than in trading. I understand that those who fail to trade will jump on here instantly.
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May 12, 2022, 09:42:11 AM
 #247

If we wanna be in the game of trading then we need to be stubborn; stubborn in many ways actually. Right from the beginning when we put in our money, how much it is, whether the money is going in right crypto coin or not. The time is hugely important when we work with crypto trading. The volatility is at its best in the crypto. Just check the live prices, we are so much down in the pricing that most of the peeps might have lost huge chunks from the crypto but those who are selling are the only ones whose loosing the money. If you gonna be stubborn and keep holding through this down time then definitely it’s worth it.
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May 12, 2022, 02:57:55 PM
 #248

If we wanna be in the game of trading then we need to be stubborn; stubborn in many ways actually. Right from the beginning when we put in our money, how much it is, whether the money is going in right crypto coin or not. The time is hugely important when we work with crypto trading. The volatility is at its best in the crypto. Just check the live prices, we are so much down in the pricing that most of the peeps might have lost huge chunks from the crypto but those who are selling are the only ones whose loosing the money. If you gonna be stubborn and keep holding through this down time then definitely it’s worth it.
Holding is not always the best solution. Sometimes you just gotta CL some of your investments and maybe buyback or maybe wait for the market to recover and seek for another potential coins. We should know the risks of trading before anything else. And as what they always said that only invest what you can afford to lose.

Welp, from my experience of tradings, just do your research thru and thru. Sometimes crypto market might give you a surprise, be it in a bad way or good way. So be prepared with all the possible outcomes.
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May 12, 2022, 11:33:07 PM
 #249

Holding is not always the best solution. Sometimes you just gotta CL some of your investments -snip-
Yes, I agree. If CL (Cutloss) seems a better option than holding, why not to decide CL? In some cases, I also did CL. I prefer to get a small loss than get bigger losses. In addition, some coins are not for holding a long time, for example meme coins. If the coins look like to drop more and more, it is better to sell them (CL). We don't know if the coin will survive or disappear in the future. There are many meme coins delisted on exchanges.

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May 13, 2022, 05:57:28 AM
 #250

My biggest lesson about crypto trading is the fact that no matter what you must sell. Selling is the most pivotal aspect of crypto currency trading because without selling; you are never taking profits and without taking profits and increasing your capital, crypto currency trading is not sustainable. The most important factor to remember is that a 10% profit is better than an 80% loss.

I learnt this lesson also but in a hard and rough way, I expected my profit to increase and get to a height too high. It never happened. I did not know it was a pumped token when it was increasing in price. It is bad to hold a pumped and dumped token. If you have them is good to take profit once it goes up. Do not be attached to them except you want to suffer loss and depression.

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May 13, 2022, 07:03:41 PM
 #251

Whatever it is we may have learned is still being learned everyday. I've come to see and keep seeing that we all need patience in trading. What we may have drafted out using the knowledge we have may not come out or yield results immediately so we need to be patient. When it does, make sure to be disciplined. Be disciplined when working with your capital, protect your capital and don't go all in.Do not let greed set in,know your entry and exit points. Take reasonable risks that are not clouded in greed , sometimes it could be you following the trend but at the same time doing your own research. Try to know when to stay away from certain coins
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May 13, 2022, 07:25:19 PM
 #252

It should be understood that training is an extremely important aspect for work, which needs to be given enough attention. It is important to understand that this really requires attention in order to be successful.
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May 13, 2022, 10:51:28 PM
 #253

My biggest lesson about crypto trading is the fact that no matter what you must sell. Selling is the most pivotal aspect of crypto currency trading because without selling; you are never taking profits and without taking profits and increasing your capital, crypto currency trading is not sustainable. The most important factor to remember is that a 10% profit is better than an 80% loss.

I learnt this lesson also but in a hard and rough way, I expected my profit to increase and get to a height too high. It never happened. I did not know it was a pumped token when it was increasing in price. It is bad to hold a pumped and dumped token. If you have them is good to take profit once it goes up. Do not be attached to them except you want to suffer loss and depression.
If you have a token like that, it's better never to make a decision to hold it in the long term,
because it's too risky to lose money and it's better to sell immediately when it's profitable,
for the long term the top coins are still the main choice and there is no need to doubt it
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May 16, 2022, 01:31:02 PM
 #254

Maybe there are many people out there who think that it is easy to make a profit either from investing or trading in crypto,
they don't know before they really try it and besides that they should also be aware that investing or trading in crypto has a big risk,
so it is very important to do preparation and also keep learning to improve knowledge and skills
Learning crypto is not a one day job, it's becomes complicated when you try to learn everything in everyday. Crypto currency is all about risks. One major thing i have learnt and experience in the Crypto space is patience. Impatience can make you lose funds easily in the space, like the recent dump of Luna, I wasn't patient enough to hold my ground, I rush into the trade and lost my money. I enter when the coin already hits +1000%, which was very late for me. Once I open the position, immediately the coin dump on me. I then realized that I have open trade with Luna at the wrong time.
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May 18, 2022, 06:09:44 AM
 #255

I have learned two best things from crypto.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2:  Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily  manipulate the market using a lot less funds.
But if they take a closer look at the news here, what they see here is short-term, but most of the people here have an income, but they came from here, but they guessed that the price would increase when they sell.  Will get profit So they have to keep an eye on everything and treat them. If they can do minutes on everything then they will make a profit

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May 18, 2022, 06:45:58 AM
 #256

knowledge of cryptocurrencies is the main step to enter the crypto world, after that we must learn about
world of trading that requires knowledge and experience. by multiplying the experience then gradually we will understand by itself. because it cannot be learned in theory or watch videos, we must also practice it too, and it is from practice that we understand step by step

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May 20, 2022, 12:33:32 PM
 #257

To me Cryptocurrency spot trading is more of information, one thing is to invest, But were the main work is, is on  follow up

For instance imagine buying or Investing on a particular coin, and unknown to you they are swapping from V1  to V2, after a couple  of weeks or month you will be left behind....... BYE BYE to your money
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May 21, 2022, 11:23:21 AM
 #258


2:  Never make a move based on the news. (Heavy loss)
In the world of crypto, you cannot do without the news. Yes, even in the types of strategies; two were identified as follows:
1. Technical Analysis
2. Fundamental Analysis.
The second is based on news, and when you correlate the whole scenario, you will understand that even the Technical obeys the Fundamental. What you hear play out in the graph and vice versa.
The discrepancy is the time you got the news. You may get a news when everyone has already acted on the news. But if you are ahead in information, you will surely do well in the market.

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May 21, 2022, 10:16:56 PM
 #259

My biggest lesson about crypto trading is the fact that no matter what you must sell. Selling is the most pivotal aspect of crypto currency trading because without selling; you are never taking profits and without taking profits and increasing your capital, crypto currency trading is not sustainable. The most important factor to remember is that a 10% profit is better than an 80% loss.

I learnt this lesson also but in a hard and rough way, I expected my profit to increase and get to a height too high. It never happened. I did not know it was a pumped token when it was increasing in price. It is bad to hold a pumped and dumped token. If you have them is good to take profit once it goes up. Do not be attached to them except you want to suffer loss and depression.
Well, just like you, I also made a huge mistake of not selling at the right time when I was at its ATH, because I was thinking that it was going to go up much more, I did not sell and I sold when I had lost 98% of the ATH, that happened in a project of a shitcoin that was never raised again, in fact in that project they treated their investors so badly that they made them destroy it, and one of the biggest mistakes was not listing the coin in a level 1a exchange and I think that that was the end, no coin that does not reach a level 1 exchange will hardly become famous or big.

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Alisha-k
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May 22, 2022, 08:21:01 AM
 #260

Crypto trading is one investment where you have to learn and keep learning to ensure you earn and maintain a clean sheet on the trading platform. Having all the analysis without the proper knowledge of they all work is similar to gambling. For me I have learnt that crypto investment is a game of the knowledgeable. It takes one who is willing to study and do enough research to make it in such a volatile world

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