Topic: Are you all in when trading? - page 10. (Read 1889 times)
True, We should not put all our money in one cryptos instead divide it twice or thrice to avoid big lose or waiting to pump it again. As we know crypto currency is so unpredictable that makes it practical to decide your money to trade of. To get sure profit invest with bicoin and ethereum and other cheap promising crytos that you know can give you big profit in the future. On what you are holding now, instead of waiting join bounty campaign to earn reward then use it to trade much better because you don't have to pull cash from your wallet.
Learn from previous mistake is the best way to make other new strategy, cut loss strategy is very helpfull to make profit. And to decide when best times to cut loss , learn about price action and price pattern is really help to decide it. We have to learn candlestick pattern, which called bearish engulfing and flag pattern, this price pattern usually sign for the price continuously drop. Dont be greedy and should be follow the rules of trading will be make possible to make consistent profit.
Entering the cryptocurrencies market with all your money is extremely stupid. The principles of diversification and risk management have not been canceled. I would recommend investing in several assets, for example, in cryptocurrencies, real estate and stocks. At the same time, it is necessary to always leave about 30% of all investments in cash.
I am very happy there are still wise to risk management. foolish action will make us poor quickly.and trading using all the money is like greed.
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait. 
It is exceptionally risky to offer all to one trading along mate. You ought to have thought of that before whatever else. You know your money is critical to you but you didn't endeavor to try and ask first in this gathering before doing such. Presently you are stating that you prefer not to pause. Be that as it may, it's anything but an issue since misfortune doesn't really mean a misfortune. It might have gotten your money yet it was put resources into your knowledge. This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.
I actually still in digital currency trading and still hoping that price will increase or rise up soon so that my money will grow more.
In trading, patience is really the key to success so we don't to get panic when the price goes down but instead we can just hold or buy more Bitcoin and then hold until you have reached the desired income.
Entering the cryptocurrencies market with all your money is extremely stupid. The principles of diversification and risk management have not been canceled. I would recommend investing in several assets, for example, in cryptocurrencies, real estate and stocks. At the same time, it is necessary to always leave about 30% of all investments in cash.
Why would someone go all in. What are you going to do if you get in a bad trade? Wait out till the price rises, while it could take years for the price to increase. Never go all in no matter how much FOMO or pumped up you are regarding a coin. Never let your greed take over your mind and end up making bad decisions.
of course not, if I use all the capital I have, of course I can not enjoy the opportunity when there are some altcoin that experienced the price increase so I better share my trading capital so I can utilize some other coin for profit.
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.
This is the most fatal mistake often made by traders. This is only a very slight adverse benefit. In the trade of managing money is the main thing to make a small profit and will be enlarged.
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.
No, never, it is not a good idea. The maximum amount i have spent was half of my bitcoin. Oh yes, it is difficult to distract my attention because I am all in trading. I think that in order to achieve success you need to be all in the activity that is important for you. Otherwise, you will never reach success
Well i'm not so sure about that as well dude. For me, if you're serious in being a trader, you'd need to have a backup plan like a business or at least a part time job. For example, when the market is as bloody as the first three months of the year, trading in general won't really be profitable. What happens to you then if you're all in on trading
Oh yes, it is difficult to distract my attention because I am all in trading. I think that in order to achieve success you need to be all in the activity that is important for you. Otherwise, you will never reach success
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.
There is a very good strategy when the budget for trade is divided into 3 equal parts. You invest one part when you decide to buy. The second part for additional purchases, for example, if prices fell sharply. The third part is for extraordinary cases. It's rarely used, it's a spare budget. If you use exchanges, use stop-loss.I always use 3 equal parts in trading because I think I still can buy another amount when the price is suddenly getting down and even if it's down for deep, I can buy again so it will make my average buying price is reduced. besides that, with the other parts which I divide, I can buy another coin which has potential to get an increase. and if somehow the price is getting an increase in the next hours, I can sell it by fast.
I know how it feels to be like that, because I almost felt like that before too. However, I just realized that there are some important things that we should have in our arsenal rather than must going all in with cryptocurrency. If we decide to do that and the market crashes, it will only cause us a lot of depression rather than those who only invested what they can afford to lose.
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.
There is a very good strategy when the budget for trade is divided into 3 equal parts. You invest one part when you decide to buy. The second part for additional purchases, for example, if prices fell sharply. The third part is for extraordinary cases. It's rarely used, it's a spare budget. If you use exchanges, use stop-loss. 
No im not all in when im trading. I have most the time maximal 25% of my crypto investment in one coin. Its not a good i dea to spend all your money in one position, espacially when you are trading. I think trading with all youve got is very dangerous. And there a huge chance to loose a very big amount of your money. So i just can recommend to eeryone not to trade with all your money. Expect you are a professional and do this for more then five years. And if you can easy loose the money without affecting you.
It is actually not an ideal thing to go all in when trading, because when it doesn't go as expected, it result to a huge loss. Going all in when trading could also allow emotions to set-in upon placing the trade. It is therefore, advisable to have some reserved, irrespective of the huge gain you stand to get.
All in when trading and choosing the best coin to invest in, yes! All in terms of fund and allocation of resources no. Trading is very risk and one must always err on the side of caution.
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.
I'm not cryptotrader... I'm only studying... But I had the same experience on Forex... I was believing so much in trend changing in my side.. I was waiting for and losing money each day. I closed position with big losses. Bigger than I had ever had before. Moreover, at that moment I couldn't think about other trades. I did do nothing, just hope and wait. Maybe, I could earn a little during this period and with help of this profits I would return my losses.. It was good experience for me. My greed and rejection to accept my mistake lead me to nerves and money' losses..From that time I didn't do it. Maybe, each trader should go through it to become higher a little bit))
For me it's too boring to trade not all in. So yes i'm always trading all in. But I spend 90% on buying BTC and HOLD. And only 10% for trading.
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