What have been your crypto trading experience

[xmonkeyx]

Over some time, I have tried to understand and take advantage of the many possibilities in cryptocurrency trading this emerging venture has helped many to reach their goals. What is the most valuable experience that has been a guide for your cryptocurrency trading?

Efforts are made consistently I am sure will get results.
at the beginning of trading I very often get losses but I believe and continue to learn until I can get a profit.
things that continue to be done consistently is the key to success in my opinion.

[iv4n]

Over some time, I have tried to understand and take advantage of the many possibilities in cryptocurrency trading this emerging venture has helped many to reach their goals. What is the most valuable experience that has been a guide for your cryptocurrency trading?

Efforts are made consistently I am sure will get results.
at the beginning of trading I very often get losses but I believe and continue to learn until I can get a profit.
things that continue to be done consistently is the key to success in my opinion.

Many of us have encountered trading for the first time when we started learning about crypto, without any previous experience in trading! I believe that each of us recorded more losses at the beginning than profits, but that changes if someone wants to learn and be much more active in the crypto world, information does not come by itself, it must be found, and sometimes it is not easy to find solid info!
I guess everyone starts with daily trading, and most lose money that way! Only when you start learning and investing in the projects that are worth and can have some product that can be popular in the future the profit will come, at least that was the case with me! In my opinion, short-term trading is very risky and too similar to gambling, which is why people lose most often! I believe that all beginners should start with long-term investments, it is certainly a much safer option, and easier! It's better to learn about trading slowly than to lose money quickly!

[Fatunad]

Over some time, I have tried to understand and take advantage of the many possibilities in cryptocurrency trading this emerging venture has helped many to reach their goals. What is the most valuable experience that has been a guide for your cryptocurrency trading?

Efforts are made consistently I am sure will get results.
at the beginning of trading I very often get losses but I believe and continue to learn until I can get a profit.
things that continue to be done consistently is the key to success in my opinion.

Many of us have encountered trading for the first time when we started learning about crypto, without any previous experience in trading! I believe that each of us recorded more losses at the beginning than profits, but that changes if someone wants to learn and be much more active in the crypto world, information does not come by itself, it must be found, and sometimes it is not easy to find solid info!
I guess everyone starts with daily trading, and most lose money that way! Only when you start learning and investing in the projects that are worth and can have some product that can be popular in the future the profit will come, at least that was the case with me! In my opinion, short-term trading is very risky and too similar to gambling, which is why people lose most often! I believe that all beginners should start with long-term investments, it is certainly a much safer option, and easier! It's better to learn about trading slowly than to lose money quickly!

Profitable into those people who had been dealing or trading this market for a while already which is a solid indication that they are sustaining or surviving their selves into this unpredictable market.
Trading experience would really be having that bad situation when we are starting up but as long we do gain up experience then this is where we do make out some adjustments.
Just dont rush up on being profitable because this isnt how this trading works.All you do need is to survive and maintain yourself which would be ideal on having
this kind of behavior rather than on rushing up yourself.

[doomloop]

Forex trading and crypto trading do have some things in common,
especially if you have experience in forex trading, of course it makes it easier for you when you want to enter crypto trading,
Even so, that doesn't mean we don't need to learn because the crypto market is constantly moving and we are required to keep learning and analyzing it

I can guarantee you that this is true. Whoever wonders if forex and crypto trading is similar, I can promise you 100% that they are similar for sure. In both of them you have indicators and TA and charts that you could use, and in both of them it could go to waste if there is something silly. Like for example in the crypto world there could be some Elon tweet that makes it go up, when all the TA shows it should go down.

And in Forex we have world leaders who are doing stupid things, which causes the value of their fiat to go down way more than what you assumed it would. I am pretty sure that world economy will get into recovery mode soon, maybe in a year or so, but that will take a while and crypto will copy that and go up the same way.

[Beparanf]

During my time in this industry, I already have enough experience, in fact. Although, I started with a demo account of the AMarkets broker, because I was simply afraid to immediately start working on a real account.

Every newbie on trading usually scared to risk there money on trading especially if the price go down suddenly right after they bought tokens. Opening a demo account is good idea to become familiarize and test your strategy if it's working before you will do it in actual trading with money in line. I undergo on this phase of my trading too on my newbie days but I experience an eye opener when I experience my first loss due to my greediness and mental breakdown when I trade using the money that I save for a year.

Trading with real money is far different from using demo account because of emotion and greed that clouding your decision making. It's better to try small amount trading for a long time until you upgrade your trading size.

[Odusko]

Over some time, I have tried to understand and take advantage of the many possibilities in cryptocurrency trading this emerging venture has helped many to reach their goals. What is the most valuable experience that has been a guide for your cryptocurrency trading?

Efforts are made consistently I am sure will get results.
at the beginning of trading I very often get losses but I believe and continue to learn until I can get a profit.
things that continue to be done consistently is the key to success in my opinion.

Early loses is always associated with trading of a kind, I know a lot of traders who made good steady and passive income through trading that have had a similar experience of early losses before building the necessary knowledge on trading.

[Hypnosis00]

I'm sure everyone whether it's trading or investing in crypto they must have experienced failure,
that is normal because failure is not always bad and we have to take the positive side,
failure makes us learn so that in the future we don't repeat the same mistakes or failures and that's good for future developments

it should be experienced by everyone who trades and invests in crypto.
I had my first experience in trading which I did. -45% of the capital I put into altcoins. my stupidity to trade and not use a stop loss. as well as market analysis that I do is very low.
but after following several communities and often following discussions. I ended up getting a sizable profit on another asset.

It is very common to express our regrets because we lose but this becomes an eye-opening for us and those who come as these mistakes make us knows to differentiate what is right and what is wrong, and importantly, we know and accept our mistakes.

Putting money into trading is really risky but apparently, we can manage the risk by simply being careful and choosing the right coins to trade.
I'd learn how to listen to others' ideas and become an open-minded person as this will help us to find a way to become better. We don't need to pretend that we are good at trading, yet, we continue learning as we keep on trading.

[Peanutswar]

Crypto trading is just a mostly emotions and just a portion of the knowledge because at the end of the day it's your decision to make a trade cut the loss and take profit from the trade you made. Still, knowledge is an essential thing to make sure you have a good strategy and executes your trade but with the emotions you have must need to sure you can handle unexpected things that happen such as people making dump and pumping too much emotion attached might bring unnecessary decisions.

[kesmex]

I'm sure everyone whether it's trading or investing in crypto they must have experienced failure,
that is normal because failure is not always bad and we have to take the positive side,
failure makes us learn so that in the future we don't repeat the same mistakes or failures and that's good for future developments

it should be experienced by everyone who trades and invests in crypto.
I had my first experience in trading which I did. -45% of the capital I put into altcoins. my stupidity to trade and not use a stop loss. as well as market analysis that I do is very low.
but after following several communities and often following discussions. I ended up getting a sizable profit on another asset.

It is very common to express our regrets because we lose but this becomes an eye-opening for us and those who come as these mistakes make us knows to differentiate what is right and what is wrong, and importantly, we know and accept our mistakes.

Putting money into trading is really risky but apparently, we can manage the risk by simply being careful and choosing the right coins to trade.
I'd learn how to listen to others' ideas and become an open-minded person as this will help us to find a way to become better. We don't need to pretend that we are good at trading, yet, we continue learning as we keep on trading.

Everyone I think is aware that trading is very risky and it is very complex,
that's the importance of having knowledge and skills because it can support in trading and minimize risk,
I also agree that continuing to learn is also important and it is part of the process so never be complacent

[Shasha80]

Crypto trading is just a mostly emotions and just a portion of the knowledge because at the end of the day it's your decision to make a trade cut the loss and take profit from the trade you made. Still, knowledge is an essential thing to make sure you have a good strategy and executes your trade but with the emotions you have must need to sure you can handle unexpected things that happen such as people making dump and pumping too much emotion attached might bring unnecessary decisions.

Having good knowledge and strategies is not enough to make us successful traders, we need good emotional control when trading. Because if we don't
control our emotions well, we will easily panic with very volatile crypto price movements. We can also miss the opportunity to sell coins at peak prices
if we are too greedy when trading. But if we can control our emotions, it will be very helpful in making the right decisions. Therefore crypto trading is
not an easy thing to do, there must be some things that we must learn so that it is easier for us to make profits.

I also have experience trading crypto for about 5 years, still learning how to become a successful trader. Because until now the amount of loss
I experienced is still greater than the profit I made. Because I think crypto trading is complicated, not just buying at a low price and selling it
at a high price. We will encounter some difficulties when trying to trade, and we must be patient to overcome the difficulties we face.
It does take a long process in order to become a successful trader, which can generate profit on a regular basis.

[99Percent]

My crypto trading experience has lost a lot when I first started trading because I am a new person who has no experience with just being determined, but after that I started to understand crypto trading, I didn't give up to learn until now.

[feelideb]

One of lessons I have learnt in trading crypyocurrency is to be dead to your emotion and use numbers and historical chart to your advantage not to your disadvantage. The moment you master your attachment and emotional triggers as regard your trade, your profit will start to grow until you reach your set goal!

[zaesvlas]

I think that many have quite a lot of experience and knowledge in this niche. While getting them is very difficult, it is important to understand.

[TheUltraElite]

One of lessons I have learnt in trading crypyocurrency is to be dead to your emotion and use numbers and historical chart to your advantage not to your disadvantage. The moment you master your attachment and emotional triggers as regard your trade, your profit will start to grow until you reach your set goal!

Traders are supposed to treat currencies as tools and not something to get attached to. But this differs on the basis of long term or short/mid term. While coins kept for long term purpose will be there for sometime and one may get too attached to them, those in short or mid term have to dealt with quickly and decisively.

In reality what most newbies end up doing is buying or selling at the wrong time and not just make the mistake of getting attached. This is more true when coming to altcoins. Every trader should know that any altcoin needs to be traded quickly as soon as profits are seen and as soon as they break even on ROI.

[Hamphser]

The valuable experience in my cryptocurrency trading so far is that there is always another chance because crypto is still very early. So, there is probably a lot of pump and dump to come

As long this market would continue and as long there would be buyers and sellers then it would continue to exist no matter what and as long there's volatility then there's always a chance for you to make profits.

Opportunities is boundless or unlimited as long this market moves.Trading experience would be similar for most people which experiencing the bitter sweet of volatility.

We know that its not easy but it would really be worth once you do gain up sufficient experience and skills on sustaining yourself in the market.

[Tellek Garing]

I just adopt the formats of buy low and sell high this have helped me over the years to make good use of every market phase, crypto currency is a highly volatile commodity and at that it price is subject to change at interval.

Just like what we witnessing is the market the entire crypto market is down and even Bitcoin that is the major player in the market is down against the United States dollars.

[Pandu Geddon]

It is very common to express our regrets because we lose but this becomes an eye-opening for us and those who come as these mistakes make us knows to differentiate what is right and what is wrong, and importantly, we know and accept our mistakes.

Putting money into trading is really risky but apparently, we can manage the risk by simply being careful and choosing the right coins to trade.
I'd learn how to listen to others' ideas and become an open-minded person as this will help us to find a way to become better. We don't need to pretend that we are good at trading, yet, we continue learning as we keep on trading.

because it is when we try and make trades that we will get the real experience. a meaningful lesson that will make us more careful in determining the assets we choose. and that ability grows not only by reading. that ability will belong to every trader when they dare to take the risk to start their trading experience.
nothing is easy and instant. all will definitely need a process to become a professional in a certain field.

[darewaller]

Traders are supposed to treat currencies as tools and not something to get attached to. But this differs on the basis of long term or short/mid term. While coins kept for long term purpose will be there for sometime and one may get too attached to them, those in short or mid term have to dealt with quickly and decisively.

In reality what most newbies end up doing is buying or selling at the wrong time and not just make the mistake of getting attached. This is more true when coming to altcoins. Every trader should know that any altcoin needs to be traded quickly as soon as profits are seen and as soon as they break even on ROI.

I would guess that long term ones get attached even less than short term ones if you ask me. The reason for this is that if you are after short term profits that means you need to know everything about a project and make as much profit as you could from it, whereas if you are in the long term part of it then you do not have to do any of it and you could end up making a profit based on just ignoring it for the longest time.

If I get bitcoin and hold it for 10 years, I do not have to look at it at all, just come back once a month maybe and check it and that's fine. You can't do that with short term, you have to be on top of the situation at all times.

[Anguwa]

Throughout my time in cryptocurrency trading, I have learned to take the little profit I have for the main time and prepare for another one. This is because greed pinged me down as I was holding some coins, I had profit already, but I was waiting for more than twice the profit, then the crypto market went bearish while I was unable to sell off. Since then, I've made it a point to capture any profit I can to prevent losing my entire investment.

[Myleschetty]

Throughout my time in cryptocurrency trading, I have learned to take the little profit I have for the main time and prepare for another one. This is because greed pinged me down as I was holding some coins, I had profit already, but I was waiting for more than twice the profit, then the crypto market went bearish while I was unable to sell off. Since then, I've made it a point to capture any profit I can to prevent losing my entire investment.

Taking profit is never a bad decision but you understand the market plays a big role in your making profit. Lets use this current market for example, there's no way you'll make use of the short form of trading and never expect yourself to make loss.
Lets agreed, greed pinged you down but is it a must you sell at lost price?