What did you learn about crypto trading?

[justdimin]

If you want to buy any token. you should buy in dip because the dip is good opportunity.

How do you determine the dips? When we are not good at technical analysis then you cannot wait for dips. Probably for the traders who are not good in technical analysis may go DCA. It is a strategy which deals about buying regularly at fixed time gaps. You may buy every month or every week then you can enjoy  lower buying price in average.

If you are in loss Then you should keep patience because patience plays important role in trading

Yeah, when you are about to make use of dips then you will not bother about incurred losses. But for that, you must need to spare some capital always so that you will be able to buy more when dips happen.

[junmisakiro]

Trading is not just to think about profit, let alone big profits in an instant, that's a big mistake, even though you have good knowledge without being able to control your emotions, of course everything will destroy you.
I think the most valuable knowledge in trading is personal experience, be it bad or good. because the rush to take as much profit as possible is a common desire of all people without realizing it will be a boomerang to turn things around to cause losses for themselves and it will not be controlled if traders can not control themselves properly.
I think it is the most important thing in trading, being able to control emotions well.

[LastKiss]

Trading is not just to think about profit, let alone big profits in an instant, that's a big mistake, even though you have good knowledge without being able to control your emotions, of course everything will destroy you.
I think the most valuable knowledge in trading is personal experience, be it bad or good. because the rush to take as much profit as possible is a common desire of all people without realizing it will be a boomerang to turn things around to cause losses for themselves and it will not be controlled if traders can not control themselves properly.
I think it is the most important thing in trading, being able to control emotions well.

I agree that being able to control our emotions is really needed in trading and investing, controlling our emotions is not easy to master because we will panic easily when the bear market happened. Also keep in mind that the funds that you use are that you can afford to lose to decrease your depression when your portfolio is all in red.

[MIner1448]

Here you are right, cryptocurrency is not easy money, in order to effectively trade on the exchange you need to have your head on your shoulders, be a discreet and excellent analyst with entrepreneurial skills. There is no money anywhere, many people will see enough in social networks about big earnings on cryptocurrency, then they enter this world with the intentions of getting the same money and siphon off their deposits in the first minutes of trading

[RealMalatesta]

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.

I've also learned that Trading is not an easy money machine. It always need your time and effort and most important you have a lot of knowledge, strategies, patience and self discipline. If you are able to enter, you should also determine your trade exit.

As long as you are patient enough then you are going to be fine. That is the most important part, plus if you want to be a "master" at trading, you need to spend thousands of hours just learning part, you also need thousands of hours trading meanwhile. It doesn't have to be one after the other, you could learn for 50 hours or so and then start trading, but you can't stop learning after you start trading, so in the end you will reach to a point where you spent 1000 hours learning and 2000 hours trading one day and that is when you will see how better you are at trading then when you started out. It is not easy, it takes time and it is a very tiring job.

Sometimes you do not have any time at all for yourself for weeks, and you will hate the fact that you haven't done anything in your life outside of trading but eventually you will have a good return that will allow you to retire earlier so you could technically have more time to live your life.

[Finestream]

Here you are right, cryptocurrency is not easy money, in order to effectively trade on the exchange you need to have your head on your shoulders, be a discreet and excellent analyst with entrepreneurial skills. There is no money anywhere, many people will see enough in social networks about big earnings on cryptocurrency, then they enter this world with the intentions of getting the same money and siphon off their deposits in the first minutes of trading

Trading is not always as good and profitable as it is like we've seen or heard from social media. It will only become one if you have your own sufficient learning in crypto trading, have build skills and special strategies for trading, and definitely have the patience and determination to succeed in trading even if the road to its success is certainly tough. And you'll only get to make profits in crypto if you are not afraid to lose your money in the first place.

[DarkDays]

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

With crypto trading there are a few things one learns by experience. Of the few useful things to learn and utilise are stop-loss, market research to understand what's the trend like, paying attention to news outlets, and never be FUD-ed by the news - always act of own accord which should be based one the research conducted. Lastly, take profit when you can and if you get too greedy take the responsibility for it.

[Silberman]

Here you are right, cryptocurrency is not easy money, in order to effectively trade on the exchange you need to have your head on your shoulders, be a discreet and excellent analyst with entrepreneurial skills. There is no money anywhere, many people will see enough in social networks about big earnings on cryptocurrency, then they enter this world with the intentions of getting the same money and siphon off their deposits in the first minutes of trading

Trading is not always as good and profitable as it is like we've seen or heard from social media. It will only become one if you have your own sufficient learning in crypto trading, have build skills and special strategies for trading, and definitely have the patience and determination to succeed in trading even if the road to its success is certainly tough. And you'll only get to make profits in crypto if you are not afraid to lose your money in the first place.

People in social media say all kind of things and people have the tendency to believe them, without a doubt trading can be a very profitable activity however what they do not mention is that the vast majority of those that try it lose all their money in a short amount of time, so the rate of success at the activity is very low, this is what produces the huge disparities we see in the markets in which a trader earns a fortune while the rest lose money, so anyone that wants to become a trader needs to understand this reality and accept it, and if they cannot then there is little chance they will be able to reach the goals they set for themselves in this market.

[Wawa2013]

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.

I'm still learning and finding out some things that I haven't mastered yet. to become a successful trader and can survive for a long time,
it requires struggle and it is not easy to achieve. But once we know how the market works, it's easier for us to make a profit. The most
important thing is that our emotions must be controlled, sometimes have good technical skills without controlling emotions, it can make us
fail to make a profit. As I said trading is not an easy thing, not just buy at a low price and sell at a high price. Because many things affect
so that we can generate profits. So don't be lazy to learn and don't stop learning, always hone our trading skills, even though we have managed
to make big profits.

[nhaila]

In cryptocurrencies trading , A lots of things/ knowledge that I gathered . In trading no emotions can lead you sauces. You shouldn't lose patients. Always remember that in successful trading , buying the deep and selling the market high..

[palle11]

The most
important thing is that our emotions must be controlled, sometimes have good technical skills without controlling emotions, it can make us
fail to make a profit.

Sure our emotions can mislead us in different ways. For example it can mislead us in :

1. Multiple market entering even when we know it is not the best way to trade, we still enter into it making us to chase the market.

2. It gives us wrong analysis and judgement of the market after we do a proper analysis, we may change thinking that the analysis is wrong.

[Qikiye]

In cryptocurrencies trading , A lots of things/ knowledge that I gathered . In trading no emotions can lead you sauces. You shouldn't lose patients. Always remember that in successful trading , buying the deep and selling the market high..

Cryptocurrency is not a place for emotions. From cryptocurrency trading I have learned a lot that when the marketing momentum is downward you can invest and when upward market you are up Sell ​​the invested assets.

[lixer]

From cryptocurrency trading I have learned a lot that when the marketing momentum is downward you can invest and when upward market you are up Sell ​​the invested assets.

That must be the simple way, a trader needs to do to make profits but unfortunately people are too active to buy around peak price levels out of FOMO and then when market crashes they try to sell due to fear. When we are gathering experiences then we can slowly get rid off emotions to dominate our trading which is more important to execute the simple plan of buying low and selling high.

We are all learning something new everyday but hoe effectively we are making use of the in live market will script the passage toward success. Trading crypto is not easier until you learn out of your own experiences.

[redsun114]

The most
important thing is that our emotions must be controlled, sometimes have good technical skills without controlling emotions, it can make us
fail to make a profit.

Sure our emotions can mislead us in different ways. For example it can mislead us in :

1. Multiple market entering even when we know it is not the best way to trade, we still enter into it making us to chase the market.

2. It gives us wrong analysis and judgement of the market after we do a proper analysis, we may change thinking that the analysis is wrong.

If you plan up properly then you can trade at multiple markets simultaneously because it's not a big thing for experienced traders. I'm not seeing a big role of emotions in trading in multiple markets but it must need perfect plans which includes accurate signals.

If you trade with the influence of emotions then your accurate signals also might get you losses because you might be taking decisions out of your emotions and not as per your pre-determined plans. Changing your view about your signal while you are not emotionally stable might lead to big collapse of everything because signals are our basics for profitable trading and when you are not good at basics then you cannot continue your trading and you might need to rebuild everything from the beginning.

[fullhdpixel]

Sure our emotions can mislead us in different ways. For example it can mislead us in :

1. Multiple market entering even when we know it is not the best way to trade, we still enter into it making us to chase the market.

2. It gives us wrong analysis and judgement of the market after we do a proper analysis, we may change thinking that the analysis is wrong.

One of the easiest mistakes that people do is called "panic selling", that is our emotions telling us that the price dropping and we are going to lose all of our money and we should get out as quickly as possible. I do not know when and how it will continue to do so but people will keep on doing that mistake for years to come apparently. I can't tell you how easy it is to lose your money with panic selling, hopefully we will be doing a lot better in the future with a lot less people panic selling but every time there is a drop we get to see those people.

Add the people who have stop loss and all the leverage that gets liquidated and we suddenly have a big crash. Emotions really dictate the other way around as well, like for example people end up buying when it skyrockets, the best way to buy is at the bottom but when we go over 60k+ there will be plenty of people who will buy there as well.

[Kelvinid]

The most
important thing is that our emotions must be controlled, sometimes have good technical skills without controlling emotions, it can make us
fail to make a profit.

Sure our emotions can mislead us in different ways. For example it can mislead us in :

1. Multiple market entering even when we know it is not the best way to trade, we still enter into it making us to chase the market.

2. It gives us wrong analysis and judgement of the market after we do a proper analysis, we may change thinking that the analysis is wrong.

If you plan up properly then you can trade at multiple markets simultaneously because it's not a big thing for experienced traders. I'm not seeing a big role of emotions in trading in multiple markets but it must need perfect plans which includes accurate signals.

If you trade with the influence of emotions then your accurate signals also might get you losses because you might be taking decisions out of your emotions and not as per your pre-determined plans. Changing your view about your signal while you are not emotionally stable might lead to big collapse of everything because signals are our basics for profitable trading and when you are not good at basics then you cannot continue your trading and you might need to rebuild everything from the beginning.

Even you trade without the influence of your emotions, we can never find an accurate signal, that was the truth. It just only happens that and most of the reason why traders fail is because of emotions and this it changes everything, especially for decision making. Too bad that we can't eliminate this feeling but for us who wanted to succeed, this must be controlled, or else, we are the ones to be controlled. This needs passion and strong commitment, we can pass-through this if we want too.

[XCANA]

What I have learned is that one should not be angry or blame himself over you not being able to hold till date because what ever you might have used the money for as at then way for a purpose. Let the past be the past and forget the formal trading decision you have made and just make an informed trading decision now that you have learned a lesson from the past.

[blockman]

In cryptocurrencies trading , A lots of things/ knowledge that I gathered . In trading no emotions can lead you sauces.

That's success mate. Emotion is one factor and as well as being emotion less won't bring you success. There should be a balance in everything you do in trading.

You shouldn't lose patients. Always remember that in successful trading , buying the deep and selling the market high..

Patience is needed and the normal strategy that everybody does will bring you that far. It's really a matter on how you'll adapt to the market, control your emotion and making the right decision.

[perfect999]

I've also learned that Trading is not an easy money machine. It always need your time and effort and most important you have a lot of knowledge, strategies, patience and self discipline. If you are able to enter, you should also determine your trade exit.

Well I got to learn that trading is not what you get to learn in a day. There are a lot to learn from trading; from character to strategies, and how technical analysis works. And less I forget that there is also fundamental analysis which can as well be as important as its technical counterpart.

So there is a lot for us to learn, and even after you have learnt every basic, there is still more to learn, some things are just what you have to learn everyday, you don’t have to learn all of them at once and you can’t even do that; the far you go into it, the more experienced you will become. And like you have said, trading requires that we all have patience. Anyone who lacks that patience, won’t be able to succeed in trading and that’s for sure.

[Yamifoud]

I've also learned that Trading is not an easy money machine. It always need your time and effort and most important you have a lot of knowledge, strategies, patience and self discipline. If you are able to enter, you should also determine your trade exit.

Well I got to learn that trading is not what you get to learn in a day. There are a lot to learn from trading; from character to strategies, and how technical analysis works. And less I forget that there is also fundamental analysis which can as well be as important as its technical counterpart.

So there is a lot for us to learn, and even after you have learnt every basic, there is still more to learn, some things are just what you have to learn everyday, you don’t have to learn all of them at once and you can’t even do that; the far you go into it, the more experienced you will become. And like you have said, trading requires that we all have patience. Anyone who lacks that patience, won’t be able to succeed in trading and that’s for sure.

Yeah, and the more we got into trading the more we learn things different from what people think before actual trading. But what I'd learn most and I valued this is to know how to manage your funds especially when a crisis comes. And this learning can be applied even outside crypto.
If we are not able to change ourselves and adapt to the situation where it is supposed to do, it for sure we never reach our goal.
And like many people have been said, trading is really hard and risky and this is not meant for everyone.