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Author Topic: What did you learn about crypto trading?  (Read 2288 times)
koang
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February 19, 2022, 11:16:43 AM
 #181

.
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.



HODLing is a passive investment and focuses on the long term but investors must still have the ability to be patient,
understand and study the market and analyze the fundamentals of a coin
Just like you, I am also more suitable and like the Hodling strategy compared to trading

blockman
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February 19, 2022, 11:32:22 PM
 #182

HODLing is a passive investment and focuses on the long term but investors must still have the ability to be patient,
understand and study the market and analyze the fundamentals of a coin
Just like you, I am also more suitable and like the Hodling strategy compared to trading
Many of us are suitable and comfortable by holding. We don't want to have that life of surviving daily with the pressure of the market and being active as a day trader.
We're still a trader even we're holders, there's a time that we have to trade what we're holding and that's why we count in as a holder. Being experienced for almost doing nothing but holding, it's profitable but the risk is also high if you're impatient.

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February 21, 2022, 04:36:49 PM
 #183

One of the things that I have learned from trading is that we are the masters of our own decisions, that is, if you follow signals provided by other people, it is your responsibility, if you lose all your money, it is your responsibility, but if you read books, you you become critical of some ways of trading and get rich with knowledge, the losses are less and less, at that moment it can be said that it is becoming more consistent, and that whoever operates with at least $1M I consider a professional.

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March 02, 2022, 09:45:27 AM
 #184

As what i have learned about trading, it is not just about making money but it is also how we handle ourselves or our emotions when making losses. If you've made consecutive losses, you should know when to stop. If you continue trade within that day knowing that it is not your lucky day, you'll just make bad decision. Don’t make the foolish mistake of revenge trading. Take a break and analyze your mistake.

Your plan and strategies are nothing if you dont know how to manage your emotions.

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Hobo66
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March 06, 2022, 05:11:33 PM
 #185

By involving in crypto trading i learn that at start there will be some sort of problems because you have a little or no experience at all but as you get familiar with the thing then you will be a successful trader one day. One more thing is that use minimum amount of money as there is uncertainty in price so sometimes market value decreases and you will easily manage it.

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March 07, 2022, 01:12:52 PM
 #186

What we have learned through crypto trading How can we protect ourselves from harm?You should never invest huge amount of profit in cryptocurrency. You should not invest large sums in cryptocurrency as the market may go down from time to time.Adequate self-control and patience are also learned. Adequate talent is gained by trading in cryptocurrency.
Knowing how to protect your funds while trading is part of what you will have to learn as a trader, it is called the risk management side of things, but that isn’t the only thing you have to learn to become a trader. There are lot of things that one would have to learn before they can even start to give it a try. It’s not like you have said that other knowledge will come with experience.

Indeed, there are some of the knowledge that you would gain from having the experience, but before that you have to learn about it first. It’s just like learning the theory of a subject before you go into the practical side of things to experiment with what you have taught and prove that the theory is indeed accurate.
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March 07, 2022, 09:44:09 PM
 #187

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.
Everything we do in life requires learning. Going into trading and expecting to earn when you have no clue or knowledge about how to trade is like planning it become a doctor without education and having the certificate that proves that you can work as one. Some people just see it as a gamble and they feel that it is something that they can just jump into when they have no knowledge of it, which is totally wrong.

Before you can talk about becoming a trader and earning from it, you have to be one with certification: meaning that you have to be one that has educated yourself on everything that has to do with trading from the basics to the final stage of it.

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March 08, 2022, 11:00:57 AM
 #188

We learnt how to be patient whenever the crypto market price is not stable at a moment which it has been helping us since we joined crypto trading in the community. Whenever I see the price of coins decreasing gradually in the market, it show that the crypto price will soon move higher for those that invested on short time and long time to start earning from their investment. Since I learned how to wait for crypto price to improve in the market before I can sell to make a good profit over two years, it has been difficult for me to experience any losses from my investments.

We learned how to avoid fake project by carry out our personal research to know the potential project that will help us to earn well in the future.

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March 08, 2022, 02:50:22 PM
 #189

Knowing how to protect your funds while trading is part of what you will have to learn as a trader, it is called the risk management side of things, but that isn’t the only thing you have to learn to become a trader. There are lot of things that one would have to learn before they can even start to give it a try. It’s not like you have said that other knowledge will come with experience.

Indeed, there are some of the knowledge that you would gain from having the experience, but before that you have to learn about it first. It’s just like learning the theory of a subject before you go into the practical side of things to experiment with what you have taught and prove that the theory is indeed accurate.
Becoming a successful trader, of course, requires a lot of knowledge and a lot of trading experience. Because trading is very complex and not just buying and selling, there will be many problems in it, about how to do risk management, psychological management and the use of trading tools and strategies.
Studying theory and then putting it into practice is something that must be done and done in a balanced way.
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March 08, 2022, 03:23:14 PM
 #190

First of all what I learnt from people was to always make sure that I am trading with what I can afford to lose, and I did have some couple of experience that did show that I have to be careful and calculative at all times with how I am investing and trading in the cryptocurrency market, if I really want to make it. Then the next thing that I also learnt was that I should avoid relying on my emotions when making a decision in the market.

Next, which is something I learnt from myself, is that it is good to make sure that we are getting the right information, whatever the source may be. Wrong information can ruin a lot of people’s hope in this market. You have to be able to tell what is right and what is not, and try to be careful with coins that are being hyped.
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March 08, 2022, 03:57:00 PM
 #191

Knowing how to protect your funds while trading is part of what you will have to learn as a trader, it is called the risk management side of things, but that isn’t the only thing you have to learn to become a trader. There are lot of things that one would have to learn before they can even start to give it a try. It’s not like you have said that other knowledge will come with experience.

Indeed, there are some of the knowledge that you would gain from having the experience, but before that you have to learn about it first. It’s just like learning the theory of a subject before you go into the practical side of things to experiment with what you have taught and prove that the theory is indeed accurate.
Becoming a successful trader, of course, requires a lot of knowledge and a lot of trading experience. Because trading is very complex and not just buying and selling, there will be many problems in it, about how to do risk management, psychological management and the use of trading tools and strategies.
Studying theory and then putting it into practice is something that must be done and done in a balanced way.
That's true and sometimes we meet a lot of people who say trading can easily make a profit quickly,
those who say that I don't think they really understand fully about trading,
knowledge and skills are very important to start trading on the other hand mentally preparing must also be considered
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March 08, 2022, 09:19:14 PM
 #192

Knowing how to protect your funds while trading is part of what you will have to learn as a trader, it is called the risk management side of things, but that isn’t the only thing you have to learn to become a trader. There are lot of things that one would have to learn before they can even start to give it a try. It’s not like you have said that other knowledge will come with experience.

Indeed, there are some of the knowledge that you would gain from having the experience, but before that you have to learn about it first. It’s just like learning the theory of a subject before you go into the practical side of things to experiment with what you have taught and prove that the theory is indeed accurate.
Becoming a successful trader, of course, requires a lot of knowledge and a lot of trading experience. Because trading is very complex and not just buying and selling, there will be many problems in it, about how to do risk management, psychological management and the use of trading tools and strategies.
Studying theory and then putting it into practice is something that must be done and done in a balanced way.
That's true and sometimes we meet a lot of people who say trading can easily make a profit quickly,
those who say that I don't think they really understand fully about trading,
knowledge and skills are very important to start trading on the other hand mentally preparing must also be considered

if someone will say that - making profits quickly in trading, then i guess, he just got lucky at his first attempt or he has not really experienced the actual trading himself. but more then likely, it is the latter. those who are boasting about such feat may not be traders at all but just basing their opinion from what they read.
because once you got in in crypto, you will understand that trading requires patience, skills, knowledge and more experience to truly achieve success. this is not an overnight path to success.

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March 08, 2022, 11:16:29 PM
 #193

Knowing how to protect your funds while trading is part of what you will have to learn as a trader, it is called the risk management side of things, but that isn’t the only thing you have to learn to become a trader. There are lot of things that one would have to learn before they can even start to give it a try. It’s not like you have said that other knowledge will come with experience.

Indeed, there are some of the knowledge that you would gain from having the experience, but before that you have to learn about it first. It’s just like learning the theory of a subject before you go into the practical side of things to experiment with what you have taught and prove that the theory is indeed accurate.
Becoming a successful trader, of course, requires a lot of knowledge and a lot of trading experience. Because trading is very complex and not just buying and selling, there will be many problems in it, about how to do risk management, psychological management and the use of trading tools and strategies.
Studying theory and then putting it into practice is something that must be done and done in a balanced way.
That's true and sometimes we meet a lot of people who say trading can easily make a profit quickly,
those who say that I don't think they really understand fully about trading,
knowledge and skills are very important to start trading on the other hand mentally preparing must also be considered

if someone will say that - making profits quickly in trading, then i guess, he just got lucky at his first attempt or he has not really experienced the actual trading himself. but more then likely, it is the latter. those who are boasting about such feat may not be traders at all but just basing their opinion from what they read.
because once you got in in crypto, you will understand that trading requires patience, skills, knowledge and more experience to truly achieve success. this is not an overnight path to success.
Yes, that's how trading is and that's why trading is really complex and not as easy as some people think,
to be successful in trading we need to continue to learn many things and all of that takes a process,
so don't be lulled by someone's words that are not basic

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March 08, 2022, 11:53:13 PM
 #194

We learnt how to be patient whenever the crypto market price is not stable at a moment which it has been helping us since we joined crypto trading in the community. Whenever I see the price of coins decreasing gradually in the market, it show that the crypto price will soon move higher for those that invested on short time and long time to start earning from their investment. Since I learned how to wait for crypto price to improve in the market before I can sell to make a good profit over two years, it has been difficult for me to experience any losses from my investments.

We learned how to avoid fake project by carry out our personal research to know the potential project that will help us to earn well in the future.

Actually there are many things that we can learn from crypto trading, as long as in the crypto world I can control my emotions better. Because like you
said only patient people can profit from crypto trading, we learn to be patient when the market falls not to panic. Because if we understand how
the crypto industry works, we will understand that volatile crypto prices can generate profits for us if we can take advantage of them. This means that
we must be able to understand crypto price movements, so we can buy and sell at the right time. It is not easy to make a profit from crypto trading,
we will usually experience a loss first. And that's a very natural thing, the most important thing is that we can learn from the losses we experience
and not repeat the same mistakes in the future. The longer we do crypto trading, our research and analysis skills should also increase, this allows us
to avoid project scams.

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March 12, 2022, 01:09:06 AM
 #195

Trading is to earn money for that we need to have lot of knowledge which will come along with the experience. We can't say a fixed time frame for everyone because some can learn it quickly and some others maybe lot slower but keep continuing will end in a good result, one thing everyone should remember is " Learn from your mistakes".
If you edit here they take many steps for it. Many people make mistakes and many things can be learned from these small mistakes. I have also learned a lot from training  The main purpose of trading is to buy you at a lower price and sell at a higher price
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March 12, 2022, 09:14:11 AM
 #196

Yes, that's how trading is and that's why trading is really complex and not as easy as some people think,
to be successful in trading we need to continue to learn many things and all of that takes a process,
so don't be lulled by someone's words that are not basic
sometimes beginners don't want to do a process and want instant trading for profit. Even though if it is not balanced with a lot of experience in trading, of course you will not know the problems and solutions that can be done.
success in trading is not only about profit, but how to trade according to the rules to get a profit and be able to minimize losses that will inevitably occur.
This mindset must be completely removed because nothing is instant, especially in trading there are many factors to make a profit,
for newbies they have to understand what trading is and not only that they also need to improve their knowledge, skills and other things related to trading,
so nothing is easy it takes effort and hard work

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March 12, 2022, 10:06:27 PM
 #197

If you edit here they take many steps for it. Many people make mistakes and many things can be learned from these small mistakes. I have also learned a lot from training  The main purpose of trading is to buy you at a lower price and sell at a higher price
And it's not just simply buying if you learn to read and apply analysis like the MACD, RSI, and other strategies that traders do. Well, buying low and selling high is really what trading is all about.
But knowing when to buy is where those strategies are being applied. And that's how you make it when trading, looking simple but when you're already the one trading, you'll find several mistakes on your own and you have to learn from those.

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March 13, 2022, 10:11:54 AM
 #198

No one can skip losing.

Just as you've said, the experienced traders can't avoid losing but they can minimize it based on what they've learned over the years of trading.

That's the advantage that they have and minimizing the potential loss. There's no one that can have a 0% of loss because in reality, we all are going to loss no matter how good you are in trading.
Yes, it is true, no one has loss as much as 0%. Pro traders who have years of experience have also experienced losses, but they have been able to control money management in their trading.
It's the advantage for them.

They can do anything based on their capability to avoid getting huge loss. The matter to them is that they have to do whatever they can to minimize the losses.

Inexperienced ones, can't accept that they've already lost so they try to recover it as much as they can. That's the difference of them between, inexperienced and experienced.
Here traders are basically familiar with all the happenings in the market they are very well acquainted with the cryptocurrency rating so traders can control their emotions despite the losses and they are not in a hurry to make a decision and they keep a cool head and here is the waiting person  The chances of becoming more successful as a professional trader are huge because they learn how to maximize profits
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March 14, 2022, 05:14:16 PM
 #199

Cryptocurrency is basically involved in trading. What I have learned from this is that there will be some kind of problem because you have no problem or experience but you will not get acquainted with the thing and you will gradually see that one day you will be a successful trader.  Use the amount of money and its value is uncertain, so never buy a token when the market price goes up and keep it when it goes down.

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March 16, 2022, 12:58:27 PM
 #200

I was involved in the world of crypto trading, I didn't study the market, what I learned was trading knowledge, I've experienced failure before succeeding to learn the meaning of trading itself.

The bottom line: with the knowledge that I have slowly I have results and believe in how to do it, indeed sometimes we think trading is making a lot of money, in fact if we are not based on knowledge, everything is messy, the point is learning is very important.

R


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