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Author Topic: What did you learn about crypto trading?  (Read 2327 times)
jaberwock
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January 27, 2022, 10:02:44 AM
 #121

Given up too quickly could be as a result past history one must have had with let say trading. In the past have lost a lot of money while trading Forex and made some profit though but past history always have effect on one current decision.
Cryptocurrency trading is a lot of risks, so there is going to be the times when you will lose your money when trading. That is just it, anyone who is trading has be careful. This is the reason why I never rushed anything about trading, I took my time and slowly learnt everything about trading, making sure that I totally understood everything that I am meant to understand in it. And then I started practicing to have the experience.

You have to start small and make sure that your skills are stable before you can go big enough. It is not an easy thing, but if you take your time to learn, you would benefit from it.

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January 27, 2022, 10:10:46 AM
 #122

Given up too quickly could be as a result past history one must have had with let say trading. In the past have lost a lot of money while trading Forex and made some profit though but past history always have effect on one current decision.
Cryptocurrency trading is a lot of risks, so there is going to be the times when you will lose your money when trading. That is just it, anyone who is trading has be careful. This is the reason why I never rushed anything about trading, I took my time and slowly learnt everything about trading, making sure that I totally understood everything that I am meant to understand in it. And then I started practicing to have the experience.

You have to start small and make sure that your skills are stable before you can go big enough. It is not an easy thing, but if you take your time to learn, you would benefit from it.

I believe most of us here experienced loss at one point in crypto trading. I don't know any person who always win in trading. We also need that in order to gain knowledge about our mistakes. If you will not give up, you will learn tips and tricks that will strengthen your trading skills. It is not learned overnight. Along the way, expect that you will still lose even if you are careful, but maybe, you can avoid big losses. Even crypto experts make mistakes. You can't be perfect all the time. But it is your disposition on how to move forward. Don't go back again and again where you lost money, it will just give you headache. Better think of you next strategies to cover those losses and gain more.
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January 27, 2022, 10:32:21 AM
 #123

The only lesson I have learned and experienced, is that in trading you can lose your money easily. We all know the rule "buy low, sell high". It is easy to follow this rule, but still a trader can end with losses. In trading there are too may way to lose, while there is only one way to earn - to sell with profit. Even if a person thinks he has sold for a higher price, he can still be in a loss due to a trading commission, withdrawal fee, there is a possibility to sell only a whole altcoin and keep fractional amount, and etc.

 
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January 27, 2022, 11:13:05 AM
 #124

I learned that there's more things that I haven't learned yet and that being cocky doesn't lead you anywhere. I also learned how to be appreciative of the money that I get because not all of my wins when I am trading is a lot so even if it's a measly 5 dollar profit, I will still take it because I know that I still have a profit.

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January 27, 2022, 01:29:04 PM
 #125

We should learnt that trading not only giving profit it can give you loss.but according to my opinion we should invest extra money in trading.always wait in trading is best.not to sell soon it can be lost your portfolio.

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January 27, 2022, 01:59:25 PM
 #126

I learnt many favourable things from crypto trading that can help me to develop and improve financial aspect and economy aspect. I used to buy bitcoin anytime without looking into the market price, if it will be favourable or not before purchasing.
I learnt how to buy bitcoin and when to sell bitcoin to make a good profit at the end of the business. It hard me to experience losses in my investment since I learnt how to buy bitcoin when the price is low in the market .

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January 27, 2022, 04:01:15 PM
 #127

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.
I think the main things that I have learnt by trading over the years is patience and self control. Patience and self control has been the key things in trading, for me. If you don’t learn to have patience and self control, you would end up messing up your chances and trading at the wrong time, and as a result of that, losing your money.

Being a trader requires that you learn to control your feelings, and not be someone that is always acting on impulse. You have to take your time with the analysis of the market and make sure that you’re going in at the right time .
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January 27, 2022, 04:39:37 PM
 #128

I think will be a long excursion in light of the fact that the market will forever change step by step. The following thing we ought to have doesn't voracious when we see the benefit and get your benefit while we can in light of the fact that the coin cost won't be all the time at the most exorbitant cost. I think timing is a significant element, we should know when to go into the market and furthermore, when we are creating a gain we ought to get our capital out and not be excessively ravenous.


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January 27, 2022, 05:02:58 PM
 #129

This pretty world of trading is as crazy as I’m drunk on the Friday night. Lolz. It has taught me how to not screw our finances due to zero patience and worst greed of monetary system.

Surely trading can make you very patient over the time only if you really do it after learning the skills, and perfect analysis of market.

It has taught me to “study”, “read” and “implement”.
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January 27, 2022, 06:27:14 PM
 #130

One of the best platforms to learn and earn. But yes, what i have learnt is never borrow and invest to gain profits. Crypto market is volatile and we can not expect either a standard profit or regular profit to close of our depts. Trading is a vast platform. We can learn and earn much but yes has to have patience. This is the fundamental act to be successful in Crypto trading. None will teach us patience. We need to practice it. Yes its hard at the beginning but can easily pick up once you move on .

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January 27, 2022, 11:42:56 PM
 #131

One of the best platforms to learn and earn. But yes, what i have learnt is never borrow and invest to gain profits. Crypto market is volatile and we can not expect either a standard profit or regular profit to close of our depts. Trading is a vast platform. We can learn and earn much but yes has to have patience. This is the fundamental act to be successful in Crypto trading. None will teach us patience. We need to practice it. Yes its hard at the beginning but can easily pick up once you move on .
You can learn, earn, and lose...and not just these things, we also make ourselves improve our decision making in a very challenging situation and this is the hardest thing that we ever do. It perhaps, not all had made it right but mostly wrong. Maybe, if we could make it right always, that ever be our greatest achievements in life from here and that will be the time we could think that trading is an easy game of money.

 
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January 28, 2022, 04:53:01 AM
 #132

The past few years has been revolutionary for the cryptocurrency market, with several talking points throughout the years. Last year has been characterised as a troubled year because of the devastating market crash that saw cryptocurrency costs losing quite eightieth of their price. maybe the most effective indicator of the cryptocurrency market is Bitcoin,

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January 28, 2022, 01:49:34 PM
 #133

I have learned a lot about crypto. It's not just a matter of knowledge of investing, trading, and the like. But here I also learned to be able to control my emotions more, be brave every time I take decisions and steps, move quickly and precisely, and determine strategies to solve a problem. The challenges that come in crypto make the people on the forum stronger and get used to it.

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January 28, 2022, 01:55:30 PM
 #134

I've learned about trading is that you don't have to force thing to happen, you don't have to fit on the field which you don't excel. You have to find your own technique, you don't have to copy other's tactics. You have to work solo, you don't want to always rely on someone's technical analysis, you have to make your own, you have to trade on your own. Trading is also about patient, and self-discipline.

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January 28, 2022, 03:14:56 PM
 #135

Trading is not just to earn but also to learn. If you have learned about markets and traded them for over two years, I believe you have a lot of experience and you have learned a lot about it. Trading can be a deceiving profession because you can earn a lot through this and it could change your living but don't forget the fact that if you do not spend the time to learn, you’ll just waste a lot of time and money.

The main thing in crypto trading is you can't stop learning. Every day you can learn new things.

Sometimes newbies 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 the wrong perception.


It's true. Basically, newbies start crypto trading without having any knowledge. they just think in a short time they can earn a lot of money.

So, if we want success on it our flame can't be stopped
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January 28, 2022, 03:41:47 PM
 #136

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.

True a lot of newbies thinks it is easy just buy and sell but that's not the case, you need to look at the market through different perspective and you should know what to do or you always have a plan no matter what will happen to the market. Patience and peace of mind is one of the key in trading as well as not letting your feelings affect your trading strategy.

ya.ya.yo!

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January 28, 2022, 05:56:29 PM
 #137

Being able to earn money through trading is a huge reward but the real experience once you learn about trading is how you deal with the emotions, your rage, your temper and be able to handle the situation around you that could make the entire situation become different. Trading is not just buy low and sell high action, there are lots of stuff involved in trading, that's why it's not easy for new people to pick up trading.
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February 04, 2022, 02:41:45 AM
 #138

The past number of years has been revolutionary for the cryptocurrency market, with several talking points throughout the years. Last year has been characterised as a riotous year thanks to the devastating market crash that saw cryptocurrency costs losing over eightieth of their price.

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February 04, 2022, 01:07:03 PM
 #139

one thing I learned in this crytocurrency market:

1 - the person needs to know a lot about the price history, observe the price several hours and days to be able to know the price history, with that the person will be able to know where to place the important support and resistances and then the person will know when to buy and sell, even when the person does hodl having this notion can allow him to buy at a good point

2- trading in a short period of time does not bring an advantage in this market

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February 04, 2022, 01:26:49 PM
Last edit: February 04, 2022, 01:37:06 PM by jhonjhon
 #140

Trading is not about making money but it is also requires a lot of patience, knowledge, skill, risk management,money management and self control. As a trader you need this qualities to become successful.

When it comes to trading, you need to protect your money by understanding your risks and knowing how to manage your money carefully to avoid huge losses.




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