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Author Topic: Trade-in between the lines  (Read 815 times)
JunkieMiner
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January 11, 2022, 07:17:44 PM
 #21

That is quite simple to understand that trading in now a days is even difficult to do, even the top traders can't predict that much because we didn't know about the crypto and most probably the bitcoin whenever it falls or it rises, but the same thing a trader should always ready for the loss, which he not intended to make but was in fortune, then it would be better to trade.

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January 12, 2022, 03:33:52 PM
 #22

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
In this bitcoin world, that holding has been a proven method to beat all the challenges of active trading. If you are not satisfied with the results of long term holding then you may switch over to long term trading and will get chances to multiply  your bitcoins along with enjoying the benefits of holding. But for this, you need to predict the ATH somehow accurately and then need to buy back at possible bottom.

So, even with long term trading, there are still some trading challenges and to eliminate all such things, most people from this community always choose holding as their final option to enjoy big profits in long run.

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January 13, 2022, 11:30:58 AM
 #23

You have the chance you give an insight or hint to your investment with the use of the technical indicators and technical analysis you can behave an idea what will happen on the market for the upcoming hours, days and weeks as possible try to bare with it it's all about your assets. You can do to trying to buy low and selling high as for currently now the market still undecided what they would like to do to their market, of course, be careful on this times.

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January 13, 2022, 12:59:07 PM
 #24

I think that it is true that trading is not an easy thing because not everyone can understand it as well as not every individual can make profit from it. But it is also true that if you start trading so there will be consecutive losses and failure. So now it is good that you learn from these losses and make good concept from these mistakes. Therefore you can make profit in the future.

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January 13, 2022, 04:43:45 PM
 #25

I think that it is true that trading is not an easy thing because not everyone can understand it as well as not every individual can make profit from it. But it is also true that if you start trading so there will be consecutive losses and failure. So now it is good that you learn from these losses and make good concept from these mistakes. Therefore you can make a profit in the future.
You are right the most important thing is to learn from previous losses and try to build a good understanding of the trading waves, once we lose it doesn't mean we give up rather set a record straight that we are not doing things the right way and need to develop our skills as to how effective we can trade to make future profits.
Once we develop personal trading skills and how to master the market wave it becomes easy to make accurate future trading decisions. Developing the skills and improving on them may not be an easy task.
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January 13, 2022, 06:44:52 PM
 #26

Yes, it's true but you must have knowledge and experience for profit in trading. If you have knowledge and experience you will be able to understand the market correctly.

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January 13, 2022, 06:58:36 PM
Last edit: January 23, 2022, 05:39:59 PM by South Park
 #27

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?
That is pretty much what happens, people enter this market thinking they will make a fortune in a relatively short amount with trading, then when they lose a huge amount of money and after several tries they realize that maybe it is a better option to just hold their coins, but as time passes and they finally learn more about this market then some may try to make the transition again to become traders, with way more success than in the past as now they know the market and themselves way better.
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January 14, 2022, 03:49:08 PM
 #28

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
Honestly, I have decided to become a long term holder of bitcoin after facing continuous losses in cryptocurrency trading. I am sure many people might have taken similar decision in their life because when we are having easier method to make money then why we need to struggle in trading. All trading are too complex and challenging one and we need to dedicate our all hours to remain profitable with it.

Holding bitcoin on the other hand helped me to recover all my losses incurred in crypto trading and I am slowly got into overall profit according to my networth after clearing the loans I got for the need of trading capital. If you are able to trade between line then fine, else quit it to become a bitcoin holder Smiley.
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January 14, 2022, 07:29:53 PM
 #29

That is quite simple to understand that trading in now a days is even difficult to do, even the top traders can't predict that much because we didn't know about the crypto and most probably the bitcoin whenever it falls or it rises, but the same thing a trader should always ready for the loss, which he not intended to make but was in fortune, then it would be better to trade.
In recent days the market is not good, a lot of FUD that makes Bitcoin fall. Momentum like this is very good to take advantage of, buying at a lower price. If most people are currently stuck at high prices, of course some traders who have done the analysis and have spare money will take advantage of this bear market situation well. It all depends on readiness and good capital management, otherwise trading will only leave you restless.
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January 20, 2022, 03:47:56 AM
 #30

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
Safer bet, yes. Imagine what you could earn by holding for the last 10years on a bunch of bitcoin bought at two digit prices and selling them on the last ATH this last year. It is safe and profitable, but it needs immense patience and faith in the coin's future to be able to hold an investment for so long.

Quote
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
A good option as well. If you just buy at every 10,000$ levels then you can possibly sell again when the rise happens. Like buy at 30k when the market is dropping and sell at 40k when bullish, you get a good 10k difference in price and on average trading with 0.1BTC per trade gives you a 1k profit excluding trading fees. Not bad but it will take a full cycle to complete this process, so needs patience. You would need to check the market around a couple of times per day and just place the order.

Either options are good and I think that the third option being day trading, needs a lot of work on part of the trader. These two are good options for the average retail investor.

 
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January 20, 2022, 11:24:46 AM
 #31

That is quite simple to understand that trading in now a days is even difficult to do, even the top traders can't predict that much because we didn't know about the crypto and most probably the bitcoin whenever it falls or it rises, but the same thing a trader should always ready for the loss, which he not intended to make but was in fortune, then it would be better to trade.
In recent days the market is not good, a lot of FUD that makes Bitcoin fall. Momentum like this is very good to take advantage of, buying at a lower price. If most people are currently stuck at high prices, of course some traders who have done the analysis and have spare money will take advantage of this bear market situation well. It all depends on readiness and good capital management, otherwise trading will only leave you restless.

I'm not really sure if there is FUD, but the news says that the mining hash rate is dropping because of the Kazakhstan turmoil. There is political unrest, resulting in nation wide black out and so the mining is affected due to this. So this is not FUD but real news, as far as I'm concern. But yeah, when the price drops, it's always a good opportunity to buy and invest and hold.

 
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January 20, 2022, 12:19:22 PM
 #32

Completely agree but practically disagree with the same.

The market is not product of steady investments rather than its more or less money rush here. You can believe it to the next movement you are investing so how can one be making profits out of it on steady basis.

Note that I am saying on the steady basis and not in between intervals, or after some good pause otherwise that would be nothing else but holding of the crypto.

The volatility is insane. The more it is profitable the higher the risk actually. So you could just end up losing all your past profits too. This is a case study. One can control it if they have the guts, luck and skill. 
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January 20, 2022, 05:19:55 PM
 #33

-snip-
and one could also control everything if they had a lot of money, like whales. they master everything they manipulate as they please. Having a lot of capital is certainly very profitable, especially if you can manipulate the market. Think like whales and don't fight it.

 
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January 20, 2022, 06:19:45 PM
 #34

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?
Trading isn't really difficult but its not possible to make consistent profits from capital you are investing. Well, I won't recommend someone to go with the flow if they're not really comfortable in trading, they can learn while holding and later you can start trading with much confidence.

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January 20, 2022, 06:56:15 PM
 #35

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
It has been recommended across this forum for all the people who were continuously facing losses, must need to switch over to long term holding to get and enjoy decent profits rather than losing their capital. I am sure at least more than 50% of long term holders are old active traders and might have adapted the long term trading/holding strategy after many frustrating loss.

I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee
Yes, trading does not guarantee you anything but long-term holding definitely will. Even the market is highly volatile, you never need to bother about it if you opt for holding for years.

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January 20, 2022, 07:14:06 PM
 #36

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?
Crypto currency trading requires good knowledge because it's highly volatile. It's not about following the trend most of the time sometimes it's how deciplined you are when dealing with the market that decides how often you make profit from the market. There are good traders with good analysis but finds it's difficult to cash out rather the keep giving back to the market due to their own greed. So it's one thing to have the right skill and another to get the discipline to keep your profits realistic
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January 20, 2022, 08:35:37 PM
 #37

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?
Okay flowing with the wave of the market, how will you do it exactly? Let's take the example of the current market,  what do you suggest? What should a person ideally do in the current market scenario? He should buy or sell? Your answer would be sell probably because the market is currently bearish, now the problem is when will you consider it to be bullish? Do you wait for some indicator to turn green or the market to move above the Moving Average? But once that happens and the market fails to hold that level and falls again, now what will you do? Will you still continue to hold it? or will you sell it? The thing is no matter how much you say that you are just flowing with the wave of market, if you are trying to time the market, all you are doing is technical analysis which would require you proper practice and skill.
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January 20, 2022, 09:22:35 PM
 #38

But it's worth mentioning that risk is always paid very generously.

No it doesn't work that way. To believe that risk is well rewarded or generously  rewarded is not the real way to believe and take risk. If we believe just that then some people will take any kind of risk therefore abusing it and losing much. Lets ask ourselves what happens when we take that high risk and it doesn't work ? It burns our account gradually. It is better to take moderate risk at all time. Trading is a steady way of profit taking.
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January 20, 2022, 09:40:13 PM
 #39

But it's worth mentioning that risk is always paid very generously.

No it doesn't work that way. To believe that risk is well rewarded or generously  rewarded is not the real way to believe and take risk. If we believe just that then some people will take any kind of risk therefore abusing it and losing much. Lets ask ourselves what happens when we take that high risk and it doesn't work ? It burns our account gradually. It is better to take moderate risk at all time. Trading is a steady way of profit taking.
We all have different risk appetite and those who took higher risk knows what they are doing, this is more of a gambling for sure since there’s no guarantee for everything. Moderate risk might be fun for you but to others its boring, I do trade moderately since I’m a busy person and I think those who can take higher risk are already a full time trader, day trader are most common to this.
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January 21, 2022, 08:49:37 AM
 #40

Here and there begin unloading after right-purchased the coin. More often than not it has been going on with me. I like mid-term exchanging of late, simply attempt to purchase in plunge and hold for a knock. There are other altcoins that are great to hold too yet it's demonstrated that assuming you're simply going to hold, pick the best.
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