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Author Topic: WHERE DOES THE PROFITS FROM?  (Read 321 times)
michellee
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May 04, 2023, 10:17:18 AM
 #41

It's okay if you don't always buy at a low price as long as you can sell it at a higher price than your purchase price. It will give you an advantage and if you can repeat it many times, the profit will be even greater.

From that situation, you know what you have to do to buy at the lowest price, which is to continue to learn to analyze. Well, only with that you can get a low price even though you won't always be able to get it.

And when you want to sell it, you must prevent greed because that often happens to us. We already have a target selling price but it turns out that the price is still acceptable while we still hold the coin because we want to sell it at a higher price. This can cause your profit to be lost because the price can immediately return to the low price.

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Furious 7
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May 04, 2023, 02:21:50 PM
 #42

When investing in #crypto, you need to understand where the profits come from? . You buy low and sell high at many times, but you don't always buy at the bottom and sell at the top. I jumped in and ended up not getting a good #entry , then the account was not profitable , even lost & lost . What you need to decide is when the market has explored very deeply, the whole community is afraid to panic you buy at such times, don't listen to the media at those times, it all just annoys and scares you. so all plus outside there . Remember carefully: high profits come from beautiful #entry and waiting. Decisiveness and innovation for sustainable profits! #future is a tool for the house to hook up the coins from the community after 1 season of #uptrend failure = stay away from it!

You get a good entry but you lose there. How is it possible when you say good entry but have to lose Cheesy

We often discuss that conditions in trading if it is not done correctly and with really observant research it clearly has a very high risk.
I'd rather invest in this than trade because I'm aware of my current state and strengths remembering to trade is full of passion and I just can't do that.
I think if you really want to do that, then studying deeper is important so you don't feel cheated by it because indeed when you just trade and try it you don't get anything because it's just luck in the hope that is given but this is not gambling that expects anything like that, this is trading and not gambling.

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May 04, 2023, 03:20:30 PM
 #43

Since trading is a zero-sum game, any money you take out must have been contributed by someone else. Every price listed at the exchange is a quote from actual buyers and sellers of coins. Since there are hundreds of thousands of traders in the market, the profit we make from trading is therefore someone else's loss, though there isn't always a direct correlation. It's commendable that you were able to decide between liquidating positions at low prices and holding them until prices rose again. Until we trade the coins and realize them, all losses are only theoretical. To avoid being forced into closing positions at a loss, it's crucial to only use trading capital that we have available. Only a few months can separate making a profit or losing money.
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May 04, 2023, 03:41:31 PM
 #44

I am very confused on what you are pointing out, but that is the right time to buy if people are panicking and all the posts on social media are worrying about the price, that is the time to buy but again it should have basis like the project isn't dying unless it is bitcoin. But again it is difficult to know that it is the dip that is why always have a knowledge to have your own analysis on every entry you want. Also profits are not always in dips since if you keep waiting on this you missed out other entries.
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