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Author Topic: What did you learn about crypto trading?  (Read 2357 times)
michellee
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December 14, 2021, 07:47:41 AM
 #61

One of the big thing i learn is controlling emotion. When you trade On emotions you will mostly loss. When I enters in trading first , i Often took entry when any token in full fomo which cause sometimes big loss. So i learned and experienced trading and taught me to control emotions when you trading.
Controlling emotion will be the main lesson in crypto trading and so far, not many people can have good control in trading. Although it is hard, we need to keep trying to succeed in becoming a pro trader because controlling emotion will be the difficult thing that every trader will face. Besides learning controlling emotion, you should learn how to trade, especially how to know when to enter the market. But many more you need to learn to become a pro trader.

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Botnake
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December 14, 2021, 08:13:30 AM
 #62

One of the big thing i learn is controlling emotion. When you trade On emotions you will mostly loss. When I enters in trading first , i Often took entry when any token in full fomo which cause sometimes big loss. So i learned and experienced trading and taught me to control emotions when you trading.
Controlling emotion will be the main lesson in crypto trading and so far, not many people can have good control in trading. Although it is hard, we need to keep trying to succeed in becoming a pro trader because controlling emotion will be the difficult thing that every trader will face. Besides learning controlling emotion, you should learn how to trade, especially how to know when to enter the market. But many more you need to learn to become a pro trader.
I think that's the hardest part of being a trader, to control your own emotions when in fact its inevitable. Even expert traders are still losing due to uncontrolled emotions. Another thing that i've learned from crypto trading is its not the easiest way to make money and get rich. Its even very complicated i guess. You have to do a lot of preparations before trading, including the capital, gain knowledge on its basics and even with the current updates in the market, and building your own strategies so you will not keep losing in trading. And even if you have done all of these, that won't stop you from losing, but maybe you can start minimizing committing losses and maximize taking profits.

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aryana42
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December 14, 2021, 07:18:05 PM
 #63

Yes, each has its own stages. It is impossible for us to be at the top when we are new to crypto. In addition, trading knowledge and skills are needed in trading. All have a long process and a high will. To be a successful person must be able to go through the bitterness of learning and struggling at the beginning. Commitment is the most basic thing to be able to know everything about trading.
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December 14, 2021, 08:16:18 PM
 #64

One of the big thing i learn is controlling emotion. When you trade On emotions you will mostly loss. When I enters in trading first , i Often took entry when any token in full fomo which cause sometimes big loss. So i learned and experienced trading and taught me to control emotions when you trading.

Sometimes, working with that emotion is the best thing. I can't be looking at bitcoin dumping and you expect not to get freak out. If for example now that I see BTC price around $60k and with that double top, I would have sold and taking profit because I am very sure that even with the bullish sentiment, the market will still dump. We can see that btc is dumping even when majority are still bullish, Altcoins are even the worst.

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michellee
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December 15, 2021, 06:28:29 AM
 #65

One of the big thing i learn is controlling emotion. When you trade On emotions you will mostly loss. When I enters in trading first , i Often took entry when any token in full fomo which cause sometimes big loss. So i learned and experienced trading and taught me to control emotions when you trading.
Controlling emotion will be the main lesson in crypto trading and so far, not many people can have good control in trading. Although it is hard, we need to keep trying to succeed in becoming a pro trader because controlling emotion will be the difficult thing that every trader will face. Besides learning controlling emotion, you should learn how to trade, especially how to know when to enter the market. But many more you need to learn to become a pro trader.
I think that's the hardest part of being a trader, to control your own emotions when in fact its inevitable. Even expert traders are still losing due to uncontrolled emotions. Another thing that i've learned from crypto trading is its not the easiest way to make money and get rich. Its even very complicated i guess. You have to do a lot of preparations before trading, including the capital, gain knowledge on its basics and even with the current updates in the market, and building your own strategies so you will not keep losing in trading. And even if you have done all of these, that won't stop you from losing, but maybe you can start minimizing committing losses and maximize taking profits.
Yes, it is. But we can not reject it as we must do if we want to become a pro traders. With learning many things about trading and improving ourselves, I am sure we will be pro traders someday. I am sure the expert traders also learn hard because they think the market will still change and without learning, they will not be able to profit from trading. When we can improve our skills in trading, we will have more chances to make a profit because we can see the opportunity to select the right coins while the price is at a low price and increase in the next moment. I realize the complicated learning of trading but it does not stop us from learning more about trading. We will see our result will be better than before if we can improve our skills. The efforts will not lie to us and give us a better result.

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JoyMarsha
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December 15, 2021, 06:55:20 AM
 #66

Nobody trade in what he doesn't know perfectly. It will be a big mistake trading in what you don't know.
 Anything that involves money needed to be traded with caution not to be rushed into. Trading requires many skills and knowledge on how it works. I have only tried once in trading and I failed woefully by losing some dollars. Ever since then I promise myself never to try that mistake again until I learn how to trade faultlessly

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December 15, 2021, 09:00:47 AM
 #67


Sometimes newbie in trading  have the wrong mindset. They are just trying to make money as fast as possible, because they think trading can make them rich quickly which is definitely wrong perception.

Exactly many people’s thinking is that if i buy a coin today then it will Double in next day. And when they buy a coin, after his buying if their coin's price is down then someone sell their coin with low price.   

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December 15, 2021, 09:09:26 AM
 #68

When i start trading looks easy just analyze the graph and buy low and sell high, i tried too using the trading demo account, of course, we will not focus on this too much because its not real money we just click the buy and sell button, but when i try to make a real trade it goes well at the first week but after that its the market crash most of my position falls down and get liquidated this is the reason why we always set a trading plans this might help us to make a decision to cut loss and take profits.

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December 15, 2021, 02:28:46 PM
 #69

i tried too using the trading demo account, of course, we will not focus on this too much because its not real money we just click the buy and sell button
Nobody can learn something best about Crypto Currency Trading Through Demo account, as my opinion for learning Crypto trading if someone spent time on youtube then it will more helpful than Demo account.     

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......swap...Swap, Earn, Bridge, Mint Crypto
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December 15, 2021, 02:34:53 PM
 #70

Crypto trading is really good for all of the individuals. Crypto trading can make you engage all the day but is very advantageous way of earning money. If you hold for some time then it will be better for you as there will be less hazards of losing money in holding your crypto. Day trading needs all of your concentration as you people know that crypto is something unstable.

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iv4n
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December 15, 2021, 04:19:37 PM
 #71

With crypto trading, I learned more about how markets really work... what is pump and dump scheme, what is bull/bear market... about spread, volatility, entry/exit points... and about much other stuff! I got into crypto trading without knowledge about trading at all, it was fun to do it and to learn more about it while I am doing it! I think I scratched the surface, there are too many things to learn about trading and trading options... so basically learning about trading should never stop, we need to upgrade our knowledge all the time if we wish to make a profit in long run!

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Wipeout2097
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December 15, 2021, 05:16:20 PM
 #72

Trading isn't a straightforward task and its not a betting so it is sweet to memorize around exchanging mental traps in exchanging like to be persistent and not easily emotional.Beside instruction moreover be attentive,active and great choice maker.Before get into crypto exchanging, the stage is to memorize all things related to trading. The most critical lesson remains on teaching rationally so merely are continuously in great control, not being carried absent by feelings from showcase turbulence, teaching to remain steady, remain restrained and not effectively impacted by things that can annihilate crypto exchanging. Upgrade yourelf and keep eye on the news and move of whales,Then take choices in like manner.

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December 15, 2021, 05:28:09 PM
 #73

Trading is not a mission to get rich, but how you can change your finances for the purpose of financial freedom. learning is part of the first step to success in trading, there are no shortcuts to get rich in a short time in trading. using part time to start learning trading for me is a must, rather than trading using instinct with very minimal knowledge.

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December 15, 2021, 05:44:46 PM
 #74

According to my experience Traders can make a lot of money in the crypto market but a lot of money can be lost if we are ignorant about it. We have to check the market news regularly because a single bad piece of news can change the entire market. One technical analysis won't work and we have to check it regularly.

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December 15, 2021, 05:50:33 PM
 #75

Without knowledge and experience in crypto, the game is useless. I also learn from crypto; some are always investing in dumps and buying in parts, as well as selling in parts, thus making a profit and save portfolio from loose

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Silberman
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December 15, 2021, 06:43:33 PM
 #76

What most people learned from crypto trading is that they can't get rich over night by trading crypto currencies. They have to be very patient and they have to be prepared to face any unexpected loss. What's more important is that they eventually learn not to avoid impulsive trading that is they learn not to trade without forethought. They learn how to read the charts and how the market works. I find it weird how people are saying that they have learned how to manage their emotions (even anger...) through crypto trading..
That is only true for the ones that eventually became successful and learned that what they were doing is wrong, after all there are a lot of traders out there that never learn that lesson and still think they can become rich with cryptocurrencies, those people are not interested in the market themselves or in the technology behind bitcoin, there is only one thing on their minds and that is to make money no matter what, and someone with that kind of mentality is not interested at all in learning but in having incredible results, and ironically this is why they are incapable to obtain the results they are looking for.
palle11
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December 15, 2021, 07:04:12 PM
 #77

One of the big thing i learn is controlling emotion. When you trade On emotions you will mostly loss. When I enters in trading first , i Often took entry when any token in full fomo which cause sometimes big loss. So i learned and experienced trading and taught me to control emotions when you trading.

At every point and stage of our lives, patience is a virtue and trading cryptocurrency trains us this way. So is a great thing to know that trading without patience is going to lead to losses which is failure. I think the more you trade you get use to being patience in life. Also your strategy gets matured because you keep shaping and adjusting into perfection.
Wawa2013
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December 15, 2021, 07:49:16 PM
 #78

With crypto trading, I learned more about how markets really work... what is pump and dump scheme, what is bull/bear market... about spread, volatility, entry/exit points... and about much other stuff! I got into crypto trading without knowledge about trading at all, it was fun to do it and to learn more about it while I am doing it! I think I scratched the surface, there are too many things to learn about trading and trading options... so basically learning about trading should never stop, we need to upgrade our knowledge all the time if we wish to make a profit in long run!

Crypto trading does teach a lot of things about the crypto world, we are becoming more and more aware of how crypto works, so we can find out
when is the best time to buy coins and sell coins. At first I tried to learn about crypto trading, because I was tempted by some professional traders
who could have a big income from crypto trading. It turned out that after I tried crypto trading it was not as easy as imagined, we need to learn
a lot of things to be able to make the right decisions when trading, and finally be able to make the profit we want. After all, the crypto market is
always changing trends, and new coins are always popping up. This means that we never stop learning when we succeed in making a profit from
crypto trading. The more we develop our trading knowledge and skills, the more we will understand how to increase our income in the crypto world.

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December 15, 2021, 09:17:40 PM
 #79

With crypto trading, I learned more about how markets really work... what is pump and dump scheme, what is bull/bear market... about spread, volatility, entry/exit points... and about much other stuff! I got into crypto trading without knowledge about trading at all, it was fun to do it and to learn more about it while I am doing it! I think I scratched the surface, there are too many things to learn about trading and trading options... so basically learning about trading should never stop, we need to upgrade our knowledge all the time if we wish to make a profit in long run!

Crypto trading does teach a lot of things about the crypto world, we are becoming more and more aware of how crypto works, so we can find out
when is the best time to buy coins and sell coins. At first I tried to learn about crypto trading, because I was tempted by some professional traders
who could have a big income from crypto trading. It turned out that after I tried crypto trading it was not as easy as imagined, we need to learn
a lot of things to be able to make the right decisions when trading, and finally be able to make the profit we want. After all, the crypto market is
always changing trends, and new coins are always popping up. This means that we never stop learning when we succeed in making a profit from
crypto trading. The more we develop our trading knowledge and skills, the more we will understand how to increase our income in the crypto world.
On the time that you had learnt up trading then you would really be fully aware on how this market works and on how it does move.You

would realize on things attached and unattached to it and act accordingly on the situation you might be facing on.As long you do able to

experience for yourself and find out ways on how to deal with it then this is the primary things you should needed to sustain at least on this place.

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December 16, 2021, 03:26:53 PM
 #80

I learned and also getting good profit from Trading. 1. I learned from trading. first, you should research that project. if you got good information. Then invest and get profit
2. If you want to buy any token. you should buy in dip because the dip is good opportunity. 3 If you are in loss Then you should keep patience because patience plays important role in trading

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