Vaculin
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February 01, 2022, 08:38:24 AM |
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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?
No matter what strategy we've used, can't just avoid mistakes and even losses. Remember that trading is not an easy job, plus the volatility of the market makes things even harder to speculate. For we are in trading, we could base a lot of things around that we think could affect the price. If that we need to hold, then we should to it as a trader is not always a trader, we can also consider ourselves as holder which is very often to happen. Newbies need to remember this, trading may seem like an easy occupation as the only thing you need to do is to buy low and sell high according to them, however, trading is an environment in which you are competing against millions of people trying to do the same, it is the equivalent of running a marathon against millions of people, so only a selected few will earn profits from trading and yet newbies think that they will earn a fortune without making any effort at all, while their competitors never stop learning and use every single hour of free time to improve their system. And that belief and perception of trading as an easy task have taken over most of them, trading requires skills and expects before you can gain in trading you have to develop you self over time if not so amateur trader most times run into huge loses. I will adapt to the fact that for one to trade in Bitcoin at any point either spot or feature trading one needs skills. Not only skills and strategies, but patience is highly needed too as the market is hard to predict due to its volatility. However, only newbies believe that trading is easy and can be a get-rich-quick scheme because they are seeing it in an inexperienced view. But the moment they started trading, that's the time they will realize that trading has bigger risk compared to hodling alone. And you will never win a trade if you never experience losses at first. I guess that's the nature of trading, although it can be learned but in a hard way.
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bitgolden
Legendary
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Leading Crypto Sports Betting & Casino Platform
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February 01, 2022, 12:48:25 PM |
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trading may seem like an easy occupation as the only thing you need to do is to buy low and sell high according to them, however trading is an environment in which you are competing against millions of people trying to do the same
I guess how many people are trading with you may not be a big problem but identifying what is low and what is high is the biggest problem here ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . I agree that when more people are competing each other to catch the low or high price then only very few might be able to execute their orders at those levels and all other might need to compromise some of their total profits. This rationally leads to harder market conditions. Not only skills and strategies, but patience is highly needed too as the market is hard to predict due to its volatility.
To manage the volatility of market efferently we must need lots of habits and skills and I believe everything will become a practice when we gain experiences. This is the reason, every beginner must get start with trading only for small capital.
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Japinat
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February 01, 2022, 08:03:30 PM |
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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?
No matter what strategy we've used, can't just avoid mistakes and even losses. Remember that trading is not an easy job, plus the volatility of the market makes things even harder to speculate. For we are in trading, we could base a lot of things around that we think could affect the price. If that we need to hold, then we should to it as a trader is not always a trader, we can also consider ourselves as holder which is very often to happen. Newbies need to remember this, trading may seem like an easy occupation as the only thing you need to do is to buy low and sell high according to them, however, trading is an environment in which you are competing against millions of people trying to do the same, it is the equivalent of running a marathon against millions of people, so only a selected few will earn profits from trading and yet newbies think that they will earn a fortune without making any effort at all, while their competitors never stop learning and use every single hour of free time to improve their system. And that belief and perception of trading as an easy task have taken over most of them, trading requires skills and expects before you can gain in trading you have to develop you self over time if not so amateur trader most times run into huge loses. I will adapt to the fact that for one to trade in Bitcoin at any point either spot or feature trading one needs skills. That is why trading should never be in a rush. It requires hard work and persistence so we can develop what's best in ourselves and continue to learn in trading. I don't see why trading has always been easy for some, because even experts never see it that way. In fact, trading will always be tough and hard because its learning process will always be ongoing and a lifelong process.
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Ryker1
Sr. Member
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Eloncoin.org - Mars, here we come!
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February 01, 2022, 10:19:08 PM |
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[snip] I don't see why trading has always been easy for some, because even experts never see it that way. In fact, trading will always be tough and hard because its learning process will always be ongoing and a lifelong process.
Well there is no expert in trading, and even calling themselves an expert --the chances of losing still there and no one will escape on this. And learning on it was not have an escape, it should be learned first before you will have a chance of gaining profit and it should be learned step by step when it comes to the learning process and the more experience you have the chances of making money are greater.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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kapalmabur
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February 01, 2022, 10:28:53 PM |
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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?
No matter what strategy we've used, can't just avoid mistakes and even losses. Remember that trading is not an easy job, plus the volatility of the market makes things even harder to speculate. For we are in trading, we could base a lot of things around that we think could affect the price. If that we need to hold, then we should to it as a trader is not always a trader, we can also consider ourselves as holder which is very often to happen. Newbies need to remember this, trading may seem like an easy occupation as the only thing you need to do is to buy low and sell high according to them, however, trading is an environment in which you are competing against millions of people trying to do the same, it is the equivalent of running a marathon against millions of people, so only a selected few will earn profits from trading and yet newbies think that they will earn a fortune without making any effort at all, while their competitors never stop learning and use every single hour of free time to improve their system. And that belief and perception of trading as an easy task have taken over most of them, trading requires skills and expects before you can gain in trading you have to develop you self over time if not so amateur trader most times run into huge loses. I will adapt to the fact that for one to trade in Bitcoin at any point either spot or feature trading one needs skills. That is why trading should never be in a rush. It requires hard work and persistence so we can develop what's best in ourselves and continue to learn in trading. I don't see why trading has always been easy for some, because even experts never see it that way. In fact, trading will always be tough and hard because its learning process will always be ongoing and a lifelong process. From the outside, when we are not directly involved, trading seems like an easy thing but actually it is really complicated. without having any capital and only having courage capital it will only waste time and it will be easy to lose money, so think carefully before joining the trade
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Tellek Garing (OP)
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February 03, 2022, 10:13:41 PM |
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Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader, I believe if one can master the act of market volatility and movement it will become easier to trade in between the market merging line to cash in some profits.
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TheEconomists
Member
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February 03, 2022, 11:04:03 PM |
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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?
Except people that are new to crypto currency trading and are too anxious of how to make quick money from crypto currency base on the testimonies they must had some where. Is not only day trading that is difficult OP, even hold is some how difficult too because for you know it has reached the peak for you now convert your holding in Bitcoin to USDT is the most difficult things if am not mistaken.
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AmoreJaz
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Leading Crypto Sports Betting & Casino Platform
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February 03, 2022, 11:14:05 PM |
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Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader, I believe if one can master the act of market volatility and movement it will become easier to trade in between the market merging line to cash in some profits.
the challenge here in crypto market is that every alt or project is different. there is no defined strategy for all alts as they deviate from each other in so many aspects. so experience will assist you on how to spot a possible pumpndump altcoin or a coin that is about to be abandoned by their devs. this skill or knowledge can be learned thru time and years of experience in dealing with these alts. this is why a lot of noobs are getting disappointed once they got in because their expectations are not met.
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CryptopreneurBrainboss
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eXch.cx - Automatic crypto Swap Exchange.
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February 04, 2022, 05:39:48 AM |
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Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader,
That's because cryptocurency has made it very accessable, you can basically buy any worthless coin and it gives you huge return especially in the bullish market. Speculators that does that see themselves as traders but they're nothing close to becoming one. After they record this luck, they utilize social media to express their joy and other do the same thing hoping to receive similar results. Some do and majority doesn't and the cycle continues. Social media makes it easy to disguise yourself as a successful trader with the pretending and posting fake proof. Imposters have use this to deceive many into buying their course or following their signals etc. They make it seems like trading is an easy thing to do and the noobs buy into the lies they're selling without realizing they're going down a path not many become successful in.
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Sanitough
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February 04, 2022, 08:28:51 AM |
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Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader,
That's because cryptocurency has made it very accessable, you can basically buy any worthless coin and it gives you huge return especially in the bullish market. Speculators that does that see themselves as traders but they're nothing close to becoming one. After they record this luck, they utilize social media to express their joy and other do the same thing hoping to receive similar results. Some do and majority doesn't and the cycle continues. Social media makes it easy to disguise yourself as a successful trader with the pretending and posting fake proof. Imposters have use this to deceive many into buying their course or following their signals etc. They make it seems like trading is an easy thing to do and the noobs buy into the lies they're selling without realizing they're going down a path not many become successful in. This is the reason why noobs should never rely on social media because they can be detrimental as it seems. They have to learn on their own and consider their experiences as their best teacher in trading. Trading will never be an easy task, and making profits needs extra effort, otherwise your trades will certainly end in losses. But trading will always be learned. And if you have discipline, mental toughness and positive mindset, you will always succeed in trading despite of its market's volatility.
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gabbie2010
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February 04, 2022, 08:48:39 PM |
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Trading is more in risk than hodling no doubt because with trade you can lose everything you have but for hodling you won't. But in trading you can multiply your deposit into multiple times. This is the joy of trading because it is incomparable the daily profit if you got the trade adequately. Trading is surely not easy but trading in between the lines when the probability of making profit is higher than loss is safe.
the advantages and disadvantages in trading is way higher than that in holding, you make faster money while trading unlike while holding, and you could lose all you've ever saved in a bad trade unlike in holding. I guess that's what makes trading dynamic. The skills required to trade between the lines is very tasking and requires plenty of time of studying charting patterns and analysis before a trader can earn profits consistently which is absolutely not easy, however many newbie traders are not ready to learn through this techniques before embarking on their trading journey there main aim is to earn massive profits as soon as possible thus lose their portfolio within the shortest period of time instead of sticking to hodling the coin which is less riskier.
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stadus
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February 04, 2022, 09:54:19 PM |
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Trading is more in risk than hodling no doubt because with trade you can lose everything you have but for hodling you won't. But in trading you can multiply your deposit into multiple times. This is the joy of trading because it is incomparable the daily profit if you got the trade adequately. Trading is surely not easy but trading in between the lines when the probability of making profit is higher than loss is safe.
the advantages and disadvantages in trading is way higher than that in holding, you make faster money while trading unlike while holding, and you could lose all you've ever saved in a bad trade unlike in holding. I guess that's what makes trading dynamic. The skills required to trade between the lines is very tasking and requires plenty of time of studying charting patterns and analysis before a trader can earn profits consistently which is absolutely not easy, however many newbie traders are not ready to learn through this techniques before embarking on their trading journey there main aim is to earn massive profits as soon as possible thus lose their portfolio within the shortest period of time instead of sticking to hodling the coin which is less riskier. That is, if newbies won't quit from learning in trading as most of them believe that trading is a secret way to get rich instantly. But if they can be well trained and guided, the potential to be a good trader will be developed. However, trading is a constant learning, and there is not shortcuts from it. But if you are willing to learn with a positive mindset, and a good attitude towards trading, then that will give you an edge to stay ahead from others and making passive profits will be very possible in the future.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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nelson4lov
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February 04, 2022, 10:31:36 PM |
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Am well aware of the risk associated with trading and building those skills are not an easy job but too many, see trading as an easy venture until you get in then you will know what it takes to be a good trader, I believe if one can master the act of market volatility and movement it will become easier to trade in between the market merging line to cash in some profits.
At the end of the day, trading is a skill and like every skill, it requires mastery. While the learning curve isn't that steep, it just takes longer to get well-acquinted with it. But the good thing is that once you get the hang of it and start mastering it, it becomes easier. Even with the risks associated, one can still excel in their trading career regardless of those risks. Trading between the line is more profitable if the trader is always active in monitoring the market movement the price of the commodity in view most be focused on. Bitcoin trading analysis is easy because of its unsuitable price movement.
I think its pretty safe to say that there's no easy analysis because the market doesn't belong to just one individual.
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SquallLeonhart
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February 05, 2022, 03:23:18 PM |
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if newbies won't quit from learning in trading as most of them believe that trading is a secret way to get rich instantly. But if they can be well trained and guided, the potential to be a good trader will be developed. However, trading is a constant learning, and there is not shortcuts from it. But if you are willing to learn with a positive mindset, and a good attitude towards trading, then that will give you an edge to stay ahead from others and making passive profits will be very possible in the future.
Dedication – that’s what a lot of them are lacking. Before you might have started tearing you know very well that there have been people who have been there before you, and it was due to their influence that you decided to start trading, so what makes you think that you can’t be successful like those people? These newbies will get in the first time, they are forgetting that making money through investment and trading is not an easy thing to achieve, but they will still looking out for quick money. They don’t dedicate themselves to doing what would lead them to that level they wish to reach. Rather they are always in a hurry and wants to get it quick. Just like you have said, if these newbies don’t bend down and learn, then it’s not going to work.
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freedomgo
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February 05, 2022, 09:02:46 PM |
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if newbies won't quit from learning in trading as most of them believe that trading is a secret way to get rich instantly. But if they can be well trained and guided, the potential to be a good trader will be developed. However, trading is a constant learning, and there is not shortcuts from it. But if you are willing to learn with a positive mindset, and a good attitude towards trading, then that will give you an edge to stay ahead from others and making passive profits will be very possible in the future.
Dedication – that’s what a lot of them are lacking. Before you might have started tearing you know very well that there have been people who have been there before you, and it was due to their influence that you decided to start trading, so what makes you think that you can’t be successful like those people? These newbies will get in the first time, they are forgetting that making money through investment and trading is not an easy thing to achieve, but they will still looking out for quick money. They don’t dedicate themselves to doing what would lead them to that level they wish to reach. Rather they are always in a hurry and wants to get it quick. Just like you have said, if these newbies don’t bend down and learn, then it’s not going to work. This is why early traders are more successful than new traders because they have this dedication and urge for trading that they always need to fulfill. While these new traders are more confident that trading will always be easy because that's how they want it to be. Lack of efforts and dedication to be exact. But everything can be changed as trading itself will always be learned. With due diligence and right attitude, there will be higher chances for profitable trades.
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Emitdama
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February 05, 2022, 09:22:46 PM |
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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
Yeah. Sometimes when I am holding and the market goes up all of a sudden and I am seeing profit in it, I can decide to sell some coins, that’s not bad. The reason why we are investing in the first place is to make profit, so there’s nothing bad in taking profit whenever you realize one, and it is something that you’re okay with. I don’t really go with what people has to say, whenever I am investing I know what’s good for me, and I don’t need others telling me when to take profit or not. As long as I know that I can take this profit and it will benefit that much to be able to invest another time, then I’m going with it, although I don’t sell. And that’s also what I do when the market is down, I look for chances to invest and HODL more coins.
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BuNga_cute
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February 05, 2022, 09:38:18 PM |
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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
Yeah. Sometimes when I am holding and the market goes up all of a sudden and I am seeing profit in it, I can decide to sell some coins, that’s not bad. The reason why we are investing in the first place is to make profit, so there’s nothing bad in taking profit whenever you realize one, and it is something that you’re okay with. I don’t really go with what people has to say, whenever I am investing I know what’s good for me, and I don’t need others telling me when to take profit or not. As long as I know that I can take this profit and it will benefit that much to be able to invest another time, then I’m going with it, although I don’t sell. And that’s also what I do when the market is down, I look for chances to invest and HODL more coins. It is true that we have to believe in our own research and analysis abilities, to decide when to buy and sell coins. Because relying on signals from other people will only make us lose, because everyone thinks only of his own benefit. So only we know what's best for ourselves, so what you are doing is correct. Because the capital used for investment is our own, so we ourselves must be responsible for the capital we have. This means that we really have to be able to do what's best for ourselves, so make decisions that we think are good. I always believe my success can be achieved from the results of my own hard work, if we are not confident in our own abilities, how can we succeed in any case.
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Rehan Zakir
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February 08, 2022, 03:44:52 AM |
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You are saying right that trading is not an easy task. Crypto market has 2 trillion dollar marketcap. So, its very difficult to change the wave of market. So, if market is in bullish zone. then take profit from long position or buy coins at dip prices. But if you feel market is in bearish zone. Then take only short positions. Because, in trading trend in our best friend. So, must follow the trend of market. If you are opposite with the trend then you cannot make money. But you can lose your investment. So, its better for you to first judge the trend of market then take any entry.
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andriarto
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February 08, 2022, 07:16:03 AM |
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You are saying right that trading is not an easy task. Crypto market has 2 trillion dollar marketcap. So, its very difficult to change the wave of market. So, if market is in bullish zone. then take profit from long position or buy coins at dip prices. But if you feel market is in bearish zone. Then take only short positions. Because, in trading trend in our best friend. So, must follow the trend of market. If you are opposite with the trend then you cannot make money. But you can lose your investment. So, its better for you to first judge the trend of market then take any entry.
the trend is indeed a reference for trading and we should indeed follow the movement of the trend that is happening, many people are against the trend and they end up losing money. different from a flipper who takes advantage of price corrections, but they must really understand the flow of market movements
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judaspriest
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February 08, 2022, 07:32:46 AM |
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You are saying right that trading is not an easy task. Crypto market has 2 trillion dollar marketcap. So, its very difficult to change the wave of market. So, if market is in bullish zone. then take profit from long position or buy coins at dip prices. But if you feel market is in bearish zone. Then take only short positions. Because, in trading trend in our best friend. So, must follow the trend of market. If you are opposite with the trend then you cannot make money. But you can lose your investment. So, its better for you to first judge the trend of market then take any entry.
the trend is indeed a reference for trading and we should indeed follow the movement of the trend that is happening, many people are against the trend and they end up losing money. different from a flipper who takes advantage of price corrections, but they must really understand the flow of market movements Even so, it does not mean that if we follow the trend, it will automatically make a profit. Such a mindset is certainly wrong because profit or loss also depends on various things, of course, in trading it is very important to follow market developments at all times
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