Don't be wiser than the market

[tvplus006]

Your trading will be successful if you follow the market maker in your decisions. So you have to think and trade like a market maker. But since this is not possible in full, we make mistakes, which consist in trading against the local trend.

[TinaK]

This is an excellent suggestion: take the small profit you have and plan for future purchase. But there is one thing that is quite important: sufficient knowledge of cryptocurrency in general, as well as solid knowledge of trading. Also, try to gain experience before investing large amounts of money, and avoid investing money that you cannot afford to lose.

It's a quite good explanation.
Experience is very important to achieve your goal in trading and to be successful in it. If you gain experience and learn from it, every time that you are in trading you learn and avoid those possible mistakes. Yes, we know that trading is not an easy job, it requires skills and knowledge to become suitable in trading not a gambling. Because if you don't this knowledge and skills, it seems like you are in gambling not on trading.

Be wiser than the market and you will be fine, that is the secret of being successful as a trader.

[Mahanton]

Your trading will be successful if you follow the market maker in your decisions. So you have to think and trade like a market maker. But since this is not possible in full, we make mistakes, which consist in trading against the local trend.

Easy to say but it would really be hard to be done but not impossible.If you do have that kind of mindset then you would most likely able to sustain into this unpredictable market.
Dont be confident that you could handle it easily thats why you should really be mindful on how you do sustain yourself and able to survive.Once you do gain up experience then
you would really be able to have the idea on how to handle up these market movements which it might lead for you to be a profitable one.

[Fakhrulenclix]

Many things can influence traders before making a decision, market price movements are very fast and it is necessary to make a decision as soon as possible.
from what I've been through, greed is a very hard thing to control to cause harm.
so watching the market move more observantly and taking a little profit and then coming back tomorrow is a very good choice, but not everyone can do that because many people want more than what has been obtained, that's the greed in humans that is difficult to control.

[Kasabus]

This is an excellent suggestion: take the small profit you have and plan for future purchase. But there is one thing that is quite important: sufficient knowledge of cryptocurrency in general, as well as solid knowledge of trading. Also, try to gain experience before investing large amounts of money, and avoid investing money that you cannot afford to lose.

It's a quite good explanation.
Experience is very important to achieve your goal in trading and to be successful in it. If you gain experience and learn from it, every time that you are in trading you learn and avoid those possible mistakes. Yes, we know that trading is not an easy job, it requires skills and knowledge to become suitable in trading not a gambling. Because if you don't this knowledge and skills, it seems like you are in gambling not on trading.

Be wiser than the market and you will be fine, that is the secret of being successful as a trader.

We can be wise as much as we can because traders in general should be more wise and smart. But accept the fact that we can't be wiser than the market itself. Even if we are expert in reading and analyzing technical and fundamental analysis, still they cannot guarantee a perfect trade. There will still be inevitable losses at the end of the day. But we can be successful traders somehow if we can trade with discipline and mental fortitude.

[FanEagle]

Been too sure could cost you alot, remember trend change and no market direction lasts for ever.
Take the little you can and leave will help build a good trading account.

In a range bounded market, frequently profit booking and then buying back will help but for example, in bitcoin market when bitcoin was hitting $50k levels for the very first time by May 2021, many people rushed to book profit but market continued its rally till $64k levels. People who were able to hold their nerves got opportunity to buy back around $30k levels but my friend who exited around $52k levels bought back again by $61k and trapped till now.

So, when we considering about long term holding against averaging buying and selling then holding got many obvious benefits just for the case of bitcoin market. Sometimes, with the help of strong technical analysis, you may book profit and then buy back cheaper. But, I feel holding is more than enough for me.

[AicecreaME]

This is an excellent suggestion: take the small profit you have and plan for future purchase. But there is one thing that is quite important: sufficient knowledge of cryptocurrency in general, as well as solid knowledge of trading. Also, try to gain experience before investing large amounts of money, and avoid investing money that you cannot afford to lose.

Sufficient knowledge about cryptocurrency is a good foundation, especially if you're just gonna go with stock trading. It doesn't matter about the amount you're going to put in stock trading, the bigger the better, and go for big top coins such as BTC, ETH, BNB, etc. But if you're gonna do futures trading, I will agree that you need to be careful on how much you're gonna put and risk especially if you're a beginner.

[Cling18]

The market will always be unpredictable so we couldn't be wiser than it yet we can deal with it if we'll have enough knowledge about it. It's all about the perfect timing and not just going with the hype. Trading is a long process of learning but our experiences could teach us the best strategy. There's no such thing as perfect trading but we could get rid of losses if we'll know how the market moves.

[tygeade]

This is an excellent suggestion: take the small profit you have and plan for future purchase. But there is one thing that is quite important: sufficient knowledge of cryptocurrency in general, as well as solid knowledge of trading. Also, try to gain experience before investing large amounts of money, and avoid investing money that you cannot afford to lose.

Sufficient knowledge about cryptocurrency is a good foundation, especially if you're just gonna go with stock trading. It doesn't matter about the amount you're going to put in stock trading, the bigger the better, and go for big top coins such as BTC, ETH, BNB, etc. But if you're gonna do futures trading, I will agree that you need to be careful on how much you're gonna put and risk especially if you're a beginner.

I would guess that futures trading is something that people do not really do that easily, it is something that is done very rarely by newbies and very rarely even in that who makes a profit from it as well. I am guessing that most people would realize how rare it is for people to make that type of return, it is something that I am guessing 1% of the newbies ever profit.

It means that you have a better chance of making a profit as a newbie by spot trading then someone who has a little experience in futures trading. As long as you know how the crypto moves and works and what it is, then you have a chance to make a profit based on something like spot trading or even long term investing.

[Oilacris]

The market will always be unpredictable so we couldn't be wiser than it yet we can deal with it if we'll have enough knowledge about it. It's all about the perfect timing and not just going with the hype. Trading is a long process of learning but our experiences could teach us the best strategy. There's no such thing as perfect trading but we could get rid of losses if we'll know how the market moves.

Dont act that you do know everything and be confident that you could handle everything because once the reality would slap into your face then you would really realize that this isnt something simple to

be done thats why acting like a wise person wouldnt do anything good to you but rather be putting you on more mistakes.Real experiences would be the key to make yourself learn

and make out of this unpredictable market and could able to handle it out somehow.

[xmonkeyx]

Experience is all that matters most while trading, it is true to not trade more than the amount that can be affordable to be lost, because trading can be other way around many times which will not favor the trader at all. Experience matters, someone that have the experience already would have known the do and don't of trading but new traders should be very careful they should not be wiser because it is clear how they can trade and lose significantly.

a strong desire to continue to learn and improve from past mistakes is one thing that can make a trader achieve success, if only experience can not necessarily reap success without being accompanied by better knowledge provision to be able to avoid past problems.
Behind the emotional control that must be carried out, the experience as mentioned above is very important for a trader, both his own experience and the experience of friends who have already started trading.

[Maslate]

Behind the emotional control that must be carried out, the experience as mentioned above is very important for a trader, both his own experience and the experience of friends who have already started trading.

With experience, you'll be able to learn from your mistakes, and that includes learning how to control your emotion as that is very necessary. Having a good trading plan and strategy is vital, but without good discipline to control your emotion, that would all be useless as you will still fail in the end.

[Lordhermes]

As a businessman with  aims and goals, your commitment and  contentment matters most .
You need to comply with the rules that govern marketing system ,  your self control and discipline is need for an outstanding business. Your ability to control your emotion determine the kind of  entrepreneur you are and this determine how great your business will be.
To crown it all as trader always have the interest of your buyers in your mind and not ur selfish interest to make massive income.
 

[Flexystar]

Mostly the market in crypto world is always bending the rules of stocks and shares. Honestly it’s very good for those who knows when to enter in the market and when to exit. These entry and exit strategies are the perfect way to earn most out of tradings.

I think the title should read as be wise when the market is on our sides. 
If it’s given chance then just enter and buy those coins which you always wished buying. Still many of them are argue why market is bearish. It’s actually chance to get on board tbh.

[Oilacris]

Mostly the market in crypto world is always bending the rules of stocks and shares. Honestly it’s very good for those who knows when to enter in the market and when to exit. These entry and exit strategies are the perfect way to earn most out of tradings.

I think the title should read as be wise when the market is on our sides. 
If it’s given chance then just enter and buy those coins which you always wished buying. Still many of them are argue why market is bearish. It’s actually chance to get on board tbh.

Dont try it to compare with forex or stock market because it is totally different if you do ask me and it isnt something that do follows precisely in  terms of technicals

thats why you shouldnt really be that confident that everything could work just like you do see on other things and its true that dont tend to get wise because

everything is totally different but doesnt mean that you couldnt really do such thing to sustain yourself.

[pressing207]

No matter how huge the previous experience was, it's enough to get drunk with alcohol for joy. Lose the time frame and all the funds at the same time... 

[SquallLeonhart]

Mostly the market in crypto world is always bending the rules of stocks and shares. Honestly it’s very good for those who knows when to enter in the market and when to exit. These entry and exit strategies are the perfect way to earn most out of tradings.

Anyone can still get to that level where they are able to predict where the market is heading to so that they will be able to get in and exit the market mostly at the right time. All it takes is good practice and learning from the right source and experience. It is something that’s definitely going to take time, just like any other thing ,but when you have dedicated your time and  you’re doing things right, then it’s definitely going to work out.

There are a lot of people who are trading and doing it full-time, so the question is how are they really making it? If they can do it and be successful, then anyone can as well do it.

[SirLancelot]

Take the little you can and leave will help build a good trading account. If it doesn't work out In a single trade take a rest and try again some other day. The market is always flourishing don't allow greed buy away the good analysis and strategies you built over the years. It's one thing to learn and another thing to earn. It's one thing to know a strategy and another to use it against the market tragedy. Instead of deciding for the market take the little you been offered and come back another day.

You’re right but that’s a hard case for a lot of people. When they lose they still feel like they should give it a try cause maybe they might be lucky and hit the jackpot, but that is hardly the truth, and is just their mind playing them, and they would just end up losing even more money at that.

People should know when they are meant to be trading, you might be at the right mind to trade or maybe that’s not just the right time, so you have to be aware of the little things that would affect your trade and avoid them. And when you’re trading and things seems like it is not working out, it is usually best for you to quickly avoid the market at that point. It’s not like that’s the last you would he allowed, you still have tomorrow and other days to trade. So patience is highly required.

[Woodie]

Totally agree, you can not outsmart the market by choosing to pick a direction the trend is not showing... If you dont read these signs then you are likely to lose money as a result of trading ego . By the way there is a saying, that the trend is your frien and if trend trending is your style lets read between these lines.

[Lanatsa]

Totally agree, you can not outsmart the market by choosing to pick a direction the trend is not showing... If you dont read these signs then you are likely to lose money as a result of trading ego . By the way there is a saying, that the trend is your frien and if trend trending is your style lets read between these lines.

Basically needing off on how to handle up yourself on this unpredictable market is to search up everything and would analyze on most possible movement that the market could possibly take and wont really

be making yourself some sort of a blind man or simply without doing anything since you do presume out that you do know on where it would be going or acting that you've known everything.

Don't really be that kind of person/trader who does have that kind of confidence because you would really be fucked up if you  do have that kind of behavior in the first place.