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Author Topic: How to maintain profitability in crypto trading  (Read 732 times)
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May 02, 2023, 03:57:58 PM
Merited by fillippone (1)
 #1

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 : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.


2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.

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.


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May 02, 2023, 05:46:02 PM
 #2

And other ways to maintain profitability in crypto trading are as follows;
1. Using a secure wallet: Another way to increase profitability in your crypto trading is simply by using a secure crypto wallet where you own the private keys to storing a large number of funds you don't intend to trade at the moment, rather than leaving it on an exchange that could be hacked and you end up losing all your coins.
2. Always have a target: Another way to increase profitability in your crypto trading is simply by having a clear target on the number of profits you intend to make each day and work towards achieving it, rather than letting greed take over the order of the day, and you end up losing more than you planned to earn.

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May 02, 2023, 07:54:44 PM
 #3

The noble art of crypto trading - where you become BFFs with your screen, praying for green digits to trounce the red. But if you're aiming for nonstop profits in this cuckoo crypto cosmos, you gotta be gutsy and welcome the wild. Who knows, maybe your next fat payday comes from investing in the hot new altcoin - or betting your life's moolah on rock-paper-scissors with a chimp.

Okay, that last one might be a tad extra. But the takeaway? To rock the crypto trading scene, think outside the box and gamble. And hey, maybe you'll be the one chortling your way to the bank - or at least your piggy bank. So, inhale deeply, hug the chaos, and remember: change is the only constant in crypto trading. And that's the thrilling - and horrifying - crux of it all. But c'mon, life's all about taking a leap, right? As the legendary philosopher Shia LaBeouf (or was it Nike?) proclaimed, "Just do it.
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May 02, 2023, 07:59:24 PM
 #4

And other ways to maintain profitability in crypto trading are as follows;
1. Using a secure wallet: Another way to increase profitability in your crypto trading is simply by using a secure crypto wallet where you own the private keys to storing a large number of funds you don't intend to trade at the moment, rather than leaving it on an exchange that could be hacked and you end up losing all your coins.
2. Always have a target: Another way to increase profitability in your crypto trading is simply by having a clear target on the number of profits you intend to make each day and work towards achieving it, rather than letting greed take over the order of the day, and you end up losing more than you planned to earn.
Actually there's no way about on having that maintaining your profitability or something that you could really assure on having this way.We know that this isnt something that you could really assure of when we do speak about making money or profits here on crypto space considering that everything isnt really that predictable. Somewhat despite of the unpredictability but we do have ways which we could at least sustain
or survive somehow. Just continue on what you are doing on where if there are really some errors then you would be needing to adjust, its just like that on which you should really go with the flow and not really
make yourself that impulsive. If you are really that type who do easily get that getting panic or what then you should really learn on how to control off your emotions.

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May 02, 2023, 08:06:31 PM
 #5

Your recommendation or I would say suggestions are pretty decent but I would like to ask if some someones are working on crypto trading as a side business how can he buy more time for trading + its side business how is it possible to improve the capital constant?
Anyway, I would always suggest that if you are not capable then never stay on the trading for the full time because it's a side bussnies first adoption should be always as a side income and skill.

Anway Constant Profits are Impossible in the Crypto market.
--Regards: Hamza

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May 02, 2023, 08:40:50 PM
 #6

Your recommendation or I would say suggestions are pretty decent but I would like to ask if some someones are working on crypto trading as a side business how can he buy more time for trading + its side business how is it possible to improve the capital constant?
Anyway, I would always suggest that if you are not capable then never stay on the trading for the full time because it's a side bussnies first adoption should be always as a side income and skill.

Anway Constant Profits are Impossible in the Crypto market.
--Regards: Hamza
True. You can never expect to have consistent profits all the time, trading has its own share of inevitable losses. Even how good or pro you are, you will never win over the market all the time. However, if you only trade on the amount you are ready to lose, then that would be better especially for a beginner. Trading only serves as a side hustle, it can or can’t be profitable no matter how you predicted it right.

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May 02, 2023, 08:56:56 PM
Last edit: May 03, 2023, 08:12:39 PM by usekevin
 #7

Nothing is the profitable one for the longer period,you need to get profit sometimes.Sometimes you only get some loss and forced loss when you try to sell at the bear market.The best way to avoid loss in the trading is inverse the free money from your income and the money generated from the assets.From the house we can get the rent and it’s the money generated from your asset home.If you inverse such money for the longe term investment,it will not affect our daily expenses.Then easy to double the money by the trading and use that money to create new assets.
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May 02, 2023, 09:07:30 PM
 #8

If you're already profitable and you just want to maintain it, you don't need to increase your capital unless your goal is to increase your profits.

The risk doesn't change and it's even gonna be bigger when you add some more capital in it. And when you're having some bad beats with your trades, it's okay to take a break.

And adding with the first tip, it's okay to be distracted when you're no longer productive and profitable. You really need to find some other things for you to release that tension and stress from trading.

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May 02, 2023, 09:28:25 PM
 #9

If you're already profitable and you just want to maintain it, you don't need to increase your capital unless your goal is to increase your profits.

The risk doesn't change and it's even gonna be bigger when you add some more capital in it. And when you're having some bad beats with your trades, it's okay to take a break.

And adding with the first tip, it's okay to be distracted when you're no longer productive and profitable. You really need to find some other things for you to release that tension and stress from trading.
I doubt if we can actually maintain from profiting when we’re in real trading. The market is not always safe to trade, so there are really instances that you are force to stop and just focus on long term hodling on your chosen investment. But if what you mean is to reduce your risk or losing, you can always do that by knowing when to trade and what potential coins to trade. Maintaining profitability is actually good, but you can’t actually expect it to be happening from an uncertain and unpredictable market.

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May 02, 2023, 09:39:34 PM
 #10

Crypto losses are normal, expect to have this from time to time.
Maintaining a profitable portfolio might not be easy, it will take a lot of analysis and sacrifices as well as the market remains unpredictable and volatile.

As a trader you have to be easy on yourself, and be realistic because there are trades where you can lose the money while the others are just a breakeven. Once you have a good strategy, I’m sure in the long run you can be profitable, just make sure that you know what to do.
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May 02, 2023, 09:59:42 PM
 #11

Crypto trading has always been regarded as high risk, which means it’s quite impossible to maintain profitability everytime you decide to trade. I guess everyone will agree to that. However, if you aim to reduce from losing and increase your profit amount, then increase your capital in trading every time you succeeded in your previous trades. But it takes a lot of risks and skills to do that. Even pros in trading cannot guarantee bigger capital results into bigger profits. That’s why a lot of traders only manage to trade on a small amount.
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May 02, 2023, 10:31:18 PM
 #12

Number 2 is the most important because a trader will know what to do by researching market movements. That way, a trader can determine when he enters and exits the market, including which coin to trade.

Increasing capital is not necessary because it still requires self-control; besides, increasing capital can trigger the use of all capital or all-in in trading. That is why I prefer to use the same capital in trading and only increase my capital if my profits have multiplied.

Don't be too eager to chase big profits in one trade and rather make regular profits. And don't follow a price increase if you can't afford to because it can make you get a high price and get stuck and unable to sell because it will make you lose.

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May 02, 2023, 11:30:31 PM
 #13

HERE ARE SOME WAYS TO MAINTAIN PROFITABILITY IN CRYPTO TRADING:
1) Decrease your waste :
2) Conduct market research:
3) Increase your capital:
I don't think it will work like this, especially the number 2.
The market is unpredictable which means that the price of a particular cryptocurrency can fluctuate rapidly and unpredictably and how can you find accurate research, which means, you can't maintain profitability in crypto trading.

So IMO, you can't maintain it, just accept the reality that every now and then there's a high chance that your capital either small or big might easily to wipe out.  Crypto trading requires discipline, patience, and a long-term perspective to gain profit.

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May 03, 2023, 04:07:00 AM
 #14

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 : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.


2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.

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.



Trading in cryptocurrency is definitely a tough job but if hard work and attention is given, it is a good profit making platform.Always make a specific trading target on a daily basis.That I have to do three or five trades per day.If even two of your three trades come out right, then you close the day's trading.

You should never trade on emotions.Sometimes the market goes down while taking a trade or after taking a trade due to which many traders get upset and end up losing money.

Trend IS your Friend. This should be followed because if you go with the  trend you will earn profit if you go against the trend you will always be in loss.Because the big whales are controlling the market and you can never control the market. You have to go with them.

you should always choose good and best cryptocurrency for trading.Never choose coins that pump once in years.Try to enter the coins that have more volatility,But special attention should be paid to the timing of where to take the entry.

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May 03, 2023, 04:11:31 AM
 #15

1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.
I would go oppositely with you. If you want to maintain your constant profit, let's trade less. Hang out more and trade less, it will reduce your failed trades.

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2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.
Trading and holding are different. Holding is more related to a market season, bear or bull. Trading is available in both market seasons as bull or bear, market has its waves which give you chances to trade.

Quote
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 disagree.

Increasing your capital will bring more pressure that can increase your bad decision, more mistakes then profit will turn to loss. Don't increase your capital for trading, try to maintain it the same. If you double your capital from trading, withdraw 50% of it like your saving. Continue with your initial capital, again and again. Even if after 10 rounds, you suddenly lost your initial capital, you still have your savings which is x9 of your initial capital. Good enough.

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May 03, 2023, 06:26:27 AM
 #16

1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.
But did you know that trading can lead to addiction which can be health threatening? Do not let trading take your quality time from you.

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.
You do not have to increase your capital. Traders should not use more than the amount of money that they can afford to lose. But if they see more positive outcome like winning than losing, they may increase the amount of money that they are using to trade. But the increment should be gradual, it should not be abruptly and they should not be greedy.

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May 03, 2023, 11:06:18 AM
 #17

You do not have to increase your capital. Traders should not use more than the amount of money that they can afford to lose. But if they see more positive outcome like winning than losing, they may increase the amount of money that they are using to trade. But the increment should be gradual, it should not be abruptly and they should not be greedy.

Totally agree here. It's a really dumb idea to "increase capital" because in the first place, like any trading, you set your targets, set your limits, most important is your starting capital.

If you think you need $100, then start with that, don't start with less and "top up" later.

If you're topping up capital as a trader, you should really start realizing you're behaving like a gambler, who deposits more and more as he loses.

Besides with leverage why does anyone need a big capital?

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May 03, 2023, 11:07:43 AM
 #18

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.
I am not a professional trader and i really admired your points but the thing is you cannot be so accurate all the time. Like my daily profit, the target is not that big, It's around $2 to $4 dollars daily if possible and i have around $300 in capital if that's not enough then i will collect some more but i am afraid if i didn't start to earn my target on daily bases I will lose my capital too, to meet daily expenses.

The point is, your aforementioned points are not enough to make me able to get my daily target, Why? i have no or less technical analysis but i daily observe the market and new cycles and always try to understand why such big (green) or small (red) candles are created. Which indicates i have good skills in fundamental analysis.

i would love to hear from you more if you could help me out in achieving my target, i can easily achieve my target in future trading but i don't prefer it and don't like it, so, it narrow downed trading options. Now tell me the main points to maintain a total of around $2 to $4 of profits daily.

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May 03, 2023, 11:19:13 AM
 #19

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%.
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May 03, 2023, 11:55:32 AM
 #20

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.

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