How to maintain profitability in crypto trading

[Kelvinid]

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

Just like in business adding more capital is a way to increase profit and market market share.
However, when it comes to trading, I know we wanted more but must have to think that it adds risk as well. I'd never find it a good option in trading unless it was really necessary if our capital is very small. We should not be greedy in trading and must know contentment otherwise, this would lead us to addiction and we know what will happen when greediness is on our side - out of control and losses.

[Games.Bitcoin]

Maintaining profitability in crypto trading can be challenging due to the volatility and unpredictability of the market. However, there are several strategies that traders can use to increase their chances of success:

Develop a Trading Strategy: Having a well-defined trading strategy is crucial to profitable trading. This strategy should include entry and exit points, risk management, and profit-taking levels.

Manage Risk: Risk management is essential in crypto trading. Traders should only risk what they can afford to lose and use stop-loss orders to minimize losses.

Keep Up With News and Market Trends: Keeping up with the latest news and trends in the crypto market can help traders make informed trading decisions.

Diversify Your Portfolio: Diversifying your portfolio across different cryptocurrencies can help spread out risk and increase the chances of profitability.

Use Technical Analysis: Technical analysis can help traders identify trends and patterns in the market, which can help them make informed trading decisions.

Have Realistic Expectations: Traders should have realistic expectations about their profits and not let emotions like greed or fear cloud their judgment.

Keep a Trading Journal: Keeping a trading journal can help traders track their progress and identify areas for improvement.

By following these strategies and maintaining a disciplined approach to trading, traders can increase their chances of maintaining profitability in crypto trading. However, it's important to remember that the market is volatile and unpredictable, and losses are always a possibility.

[Xampeuu]

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

Just like in business adding more capital is a way to increase profit and market market share.
However, when it comes to trading, I know we wanted more but must have to think that it adds risk as well. I'd never find it a good option in trading unless it was really necessary if our capital is very small. We should not be greedy in trading and must know contentment otherwise, this would lead us to addiction and we know what will happen when greediness is on our side - out of control and losses.

most of what happens is that they want small capital but get big profits, this triggers an unhealthy portfolio, so they are likely to go bankrupt. it's different from when the bigger the capital, even though it takes a small percentage of profit, but it has a large nominal besides that we can trade more relaxed and enjoy it so that our common sense will be maintained. things like this are difficult to implement, because there are still many assumptions that by trading we can make a lot of money in a short time, until finally greed appears

[ancafe]

Hi guys, happy new month, i came to discovered that there are some people in the community suffering how to maintain constant profits in crypto trading system which, I will like to share some ways that will help people to maintain constant profits in crypto trading.

 HERE ARE SOME WAYS TO MAINTAIN PROFITABILITY IN CRYPTO TRADING:
1) Decrease your waste :
2) Conduct market research:
3) Increase your capital:

Finally, you have to be selective in choosing a safe wallet to store assets like bitcoin, because this is far more important than trying to increase investment in trading. The first and second points tend to be made by short term traders because they have to keep their eyes on the market and make research every day, believe me not everyone has the constant ability to engage in this kind of thing, except for those who have worked part time in trading. If you are one of the daily traders, then the advice you convey seems to be enough to follow and continue to study so that you get the maximum.

But for me, especially for bitcoin, it still maintains a long-term investment pattern and even if it is involved in trading, it is more of a selling need and for the method of collecting bitcoins, usually do DCA or when the moment of decline and I will use extra capital to buy it. The pattern of people must be different, especially for those who actively trade every day and for people with long-term investment patterns.

[DevilSlayer]

Having a big win doesn't mean you are already a profitable crypto trader. Profitability means that you are consistently winning in the market with higher win percentage than you losses. If you are profitable trader, it doesn't mean that you do not lose. Losing is inevitable in all types of financial market. It is impossible to not lose and there are no 100% win rate strategy in trading. But how can we become one of the successful traders who keep making money in this type of volatile market? The answer is simple and the important things already mentioned above. There are a lot of different trading strategies and you can try all of it but make sure to master just one, people think that successful trader have hundreds of trading strategies without knowing that they usually use one and it is called niche. If you master one of it, there there is a big chance that you can make money once the chart patters appear before you.

The consistently winners also have good risk management, they now when they will enter, they know when is their target profit, they compute on how much loss that may incur if the trade got invalidated and they know the importance of diversification to lessen the risks. The risk management is the queen while the price action is the king, if you have both skills on technical analysis and risk management then there is a high chance that you can be one of those consistently making money in trading.

[Bushdark]

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

Just like in business adding more capital is a way to increase profit and market market share.
However, when it comes to trading, I know we wanted more but must have to think that it adds risk as well. I'd never find it a good option in trading unless it was really necessary if our capital is very small. We should not be greedy in trading and must know contentment otherwise, this would lead us to addiction and we know what will happen when greediness is on our side - out of control and losses.

One of the ways we can make profits continually as a trader is for us to work with the right people, upgrade our strategies if we have one, and have a good trading journal. We also have to work on ourselves because sometimes we might to forced or lured as a trader to trade contrary to our daily trading plans which if we continue like that, it might have us to start exhibiting a poor act of trading that can jeopardize our trading arsenal in a long term. This mostly happens like a mere thing and before we knew it, it will become an addiction that could cause us some loses we might not be able to handle.

[Zilon]

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.

A trader only increases capital when the understand what they are doing. An average trader or less experienced trader will still blow down an account no matter how big the capital is. But for well experienced traders it will be a good tool to their advantage but in the absence of large capital instead of going as far as taking loans it is better to grow a small account size patiently with reasonable profit targets because advices like this can trigger loan taking.

[mvdheuvel1983]

<...>

Of all the ways mentioned by the OP which I in no way disagree with...they are all good but without the trader dealing with their emotions, even if they apply all of these, they will never be profitable. It is the key to profitability.
Once you have been able to keenly observe the market, as soon as the price hits the point where you desire or expect, set the take profit order and stop loss. Once it is done, be disciplined enough to leave the market briefly and keep tweaking it as you go.

[Baoo]

That’s great, you have mentioned some useful points. However, you forgot to indicate the importance of knowledge. It is really necessary to learn the basics and elements of crypto trading at the beginning of your career. I encourage newbies to start with reading some effective books, they provide a useful and general introduction of crypto trading and some important tools. Furthermore, it is essential to have a high self control while trading otherwise they will end making some wrong and hasty decisions especially in tough moments such as sudden bear run or crush. And of course it is preferable to start with a low funds or capital to steer clear of high risk.

[bettercrypto]

Maintaining profitability in crypto trading is not a simple activity that is actually easy to do. It is necessary to have skills in reading trading tools in this field of industry.

      Because if an individual trader knows this, the chances are high that he can maintain profitability, but if he lacks knowledge about crypto trading and is only based on guesses or assumptions, the chances are also high that he will not be able to maintain profitability in crypto trading.

[Mahanton]

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

Just like in business adding more capital is a way to increase profit and market market share.
However, when it comes to trading, I know we wanted more but must have to think that it adds risk as well. I'd never find it a good option in trading unless it was really necessary if our capital is very small. We should not be greedy in trading and must know contentment otherwise, this would lead us to addiction and we know what will happen when greediness is on our side - out of control and losses.

One of the ways we can make profits continually as a trader is for us to work with the right people, upgrade our strategies if we have one, and have a good trading journal. We also have to work on ourselves because sometimes we might to forced or lured as a trader to trade contrary to our daily trading plans which if we continue like that, it might have us to start exhibiting a poor act of trading that can jeopardize our trading arsenal in a long term. This mostly happens like a mere thing and before we knew it, it will become an addiction that could cause us some loses we might not be able to handle.

Never make yourself stop learning and this would really be the key plus having that realistic approach into things where you dont make yourself that get rushed in on how to make money or on how to be profitable.
Just do your work or job on dealing up yourself on this market considering that it is really that always volatile on which it would really be just that right that you should really be able to adapt and make yourself do able to handle or sustain yourself despite of those dealings.Yes, it wont be simple or really that be challenging considering that volatility and unpredictability of the market would really be the biggest challenge you would be able to face on. Just make yourself just go in path and dont derail yourself just because you do make yourself that impulsive towards your decisions and actions which is something that will really in result
into those bad decisions which would be affecting your profitability. Just accept those errors and learn from it because losing or errors is inevitable, thing we do should do is to lessen up those overtime.

[Strongkored]

I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.

Looking at the 3 ways you can get constant profits in trading crypto, you will spend quite a lot of time in front of the computer. It really takes knowledge and also an increase in knowledge about trading so that our trading activity increases, but if you have to spend a lot of time in front of the computer I think it will also damage your health in the long run. It would be better to focus on what to do first, if it is increasing knowledge then focus on that or you can also allocate time every day so not all the time.
But I never believe that there are traders who can profit consistently even though he is an expert trader there are times when they will experience losses, because trading is not only applying the knowledge we have but there are other factors that can change the market in an instant, especially in crypto.

[worle1bm]

You can't maintain the profitability in trading, because sometimes your losses are more than your winnings and it could be the other way around too. Trading is about luck and how good your probability is, because that's how you're gonna increase your chances of making profit every single trade you're gonna make. Maybe you could have 70-80 percent of making your profit stable but not 100%.

You need luck in trading to have profits and coin moving the way you expected but we can't say trading is completely luck based as it's entirely different from gambling which we need to have clarity about.There are lot of effective strategies,market analysis,your experience and lot of other factors which make you get profits in this industry.No doubt you have to face losses also when the whole Market is down or your decisions are wrong but you learn with time but relying on luck doesn't work in trading.

[tjtonmoy]

1) Decrease your waste
3) Increase your capital:

Distraction is not a bad thing, because when you are constantly making losses instead of wins, it is necessary to distract yourself from the trading and spend some time to ease your brain and get back to the game again. Over doing something is always harmful for everyone.  Take your time, enjoy your life, and then come back to the trading so that you can focus more.

And I don't think you should increase your capital right away.  If you are good at what you are doing, then that's a very different thing.  But when you are starting your journey and willing to make a lot of profit, then that's not a very good idea to just increase your capital right away.  Instead of making profits, you could lose all your assets. So be careful when you do that and take proper steps for your risk management.

[Franctoshi]

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

sometimes increasing capital in trading is also a form of the greed of traders who are unable to manage assets properly.
with more capital, one might expect more profits to come. but I would prefer to use fixed capital with profits that will always be split. for example, if you want to trade with a capital of $ 5k, then whatever profit you get from trading would be better to save or allocate for something else. and continue to trade with the fixed capital you have.

Increasing capital would depend on the amount of your income which you want to risk in the market, if one does it due to the fact that you want to make more profits and thereby risking more than what you are supposed to put or what you can afford to lose, then greed has come into place which is not good. For me to be profitable you need to decipline yourself in your trading decisions, take profits when due and to play safe ensure that your initial capital is withdrawn if doubled to remove emotions, apply DCA method of trading as it pays off a lot.

[borovichok]

Looking at the 3 ways you can get constant profits in trading crypto, you will spend quite a lot of time in front of the computer. It really takes knowledge and also an increase in knowledge about trading so that our trading activity increases, but if you have to spend a lot of time in front of the computer I think it will also damage your health in the long run. It would be better to focus on what to do first, if it is increasing knowledge then focus on that or you can also allocate time every day so not all the time.
But I never believe that there are traders who can profit consistently even though he is an expert trader there are times when they will experience losses, because trading is not only applying the knowledge we have but there are other factors that can change the market in an instant, especially in crypto.

Every trader loses and makes money in the market; no matter how much experience you have, losses are unavoidable. The market does not respect anyone, and we should be conscious that whenever we trade, we are always looking for new opportunities. The market is designed to go against our expectations so that we lose money on our trades; this is the entire liquidity that drove the market. The fact is simple: most traders lose money on their trades in order for another group of traders to profit in the market; the market season works in tandem to achieve the goals specified. We have  have whales in the market that sits at the top and controlled the market and we have common traders that made good use of the technical and fundamental analysis inother to secure their daily profits from trades.

[ethereumhunter]

You can't maintain the profitability in trading, because sometimes your losses are more than your winnings and it could be the other way around too. Trading is about luck and how good your probability is, because that's how you're gonna increase your chances of making profit every single trade you're gonna make. Maybe you could have 70-80 percent of making your profit stable but not 100%.

You need luck in trading to have profits and coin moving the way you expected but we can't say trading is completely luck based as it's entirely different from gambling which we need to have clarity about.There are lot of effective strategies,market analysis,your experience and lot of other factors which make you get profits in this industry.No doubt you have to face losses also when the whole Market is down or your decisions are wrong but you learn with time but relying on luck doesn't work in trading.

And remember to learn to analyze in trading because that will also be a factor in your ability to get the right coin and make a profit. There are many things that you can get from learning to analyze and among them is when to enter the market and when you can buy and sell and make a profit. We are bound to face losses but if we can learn to deal with the risks of those losses, we can find ways to reduce losses. And with good luck in trading, we can escape a disadvantageous situation without any problem. Managing profits means that we don't use all the profits for trading but also withdraw those profits for our needs and future savings.

[Patrol69]

First of all we have to guarantee the money. That is, we have to keep our money in a wallet where ours will be very safe.  Then we need to acquire adequate knowledge about trading.  We need to understand which time trading is most likely to be profitable. Emotions should be given up in trading i.e. no decision can be taken emotionally, trading should be done in a way that you are confident about. You should always have a goal in trading. That is, you have to decide how much interest you are happy to get every day. Sometimes if the market comes relatively low then you should have maximum patience. You must follow these things before trading.

[Nrcewker]

Trading is subject to market risk. So if we think of avoiding losses, then automatically our profit will increase. If at start only, if you think about profits, then nothing will happen, but if you slowly adapt to the market and then do the necessary trades, then definitely you will see the balance in green. But it doesn’t mean that you will trade big amount for little amount of profits. Use your brain and trade according to the situation. At last don’t overtrade. Trade with the amount that you can afford to lose.

[Russlenat]

Your points are not what I expected. Stop losses, preserving your capital, going only a few percent of your portfolio in each trade, not shying away from taking loss — is what maintains profitability. Taking care of physical/mental health counts too, neglecting these two will cause you to have poor decision-making.

I would also pinpoint that those mentioned by OP are not exactly the ways to keep the profits. But knowing when to enter and close a trade will also a big help to maintain its profitability. And by separating your emotions when trading, that is also one way to avoid losses so that you can still focus on maintaining your trading profitability.