Topic: Can you share your trading experiences? - page 11. (Read 2814 times)
First when I am new to the crypto trading I am afraid of it cause I am new and do not know yet what will I do. But when I learn the crypto trading and know how to do it little by little my fear has over come cause I know already how to handle the crypto trading. Also trading for newbies is to risky and when you want a passive income you should do the day trading. When you do the day trading, you have to have all of your time and monitor the time.
To my mind, it is very useful to share experience. To my mind, it is better to share it here and at any other forums, you can also watch the videos and listen to the expert advice
There is no easy start to this business. Without mistakes we can't succeed. And surely the mistakes are the heavy part of this story. But, if you never try what you never did, you'll never reach what you never had.
Hello,
I was joined in crypto world almost one year ago. In this period, I am continuously learning from here and also work here. That's why I got some money and from those money I save some. Now, I want to start trading though the market situation isn't good now but I want to do this. I am also ready to take risk.
For doing that and getting inspiration, I need to know about its details. It will be good when you share your experiences.
Let's share your opinion here.
Thanks
Telling true I think that any successful trader will not give you any free advice to you. Because unfortunately trader learns from mistakes. Only our own experience, both positive and negative, will allow us to develop our own profitable trading system. But you can learn knowledges about trading by yourself. Of course it takes more time, but it is really work. First of all you should start from learning theory, technical analysis through indicators, Elliot's waves and etc. Personally I like trading methods of William D.Gann described on "45 Years In Wall Street" and "Dimensional Stock Market Structures and Cycles" of Bradley F. Cowan. I was joined in crypto world almost one year ago. In this period, I am continuously learning from here and also work here. That's why I got some money and from those money I save some. Now, I want to start trading though the market situation isn't good now but I want to do this. I am also ready to take risk.
For doing that and getting inspiration, I need to know about its details. It will be good when you share your experiences.
Let's share your opinion here.
Thanks
Learn always when you have free time. Do not believe anyone, there are no authoritative opinions in this market. Learn, to rely only on yourself and your experience. Knowledge is the power, which help you to make really a big money in this market. And not only in this...
In order not to sell on the red market, personally I advice always set a stop loss and trade according to principals of diversification and money management.
My good experience in trading came from last year that when the price of bitcoin and altcoins reach all time high and at that time because the price day by day always be increase then almost everyday i got decent profit but since beginning 2018 my trading results was pretty bad and very difficult even for recover my loss
I think everyone has his or her own way and his style as well. Day trading is good for people that understand trading and technical analysis as well. Rather, if you do not have all the time, you can choose to trade/invest and hold for long term. All these are trading strategies
I started trading in a good market position when every coin is going to the moon and after some time, I have earned good profit but in next few months market trend change the picture and every coin to the worst position and till now the actual position was not repeating for that time when I entered the market.
I tried a bit of day-trading in January this year when the market was still at the relative uptrend.
I uploaded around $200 to Poloniex to play around and just to see how it all works from the inside.
I learned how to recognize a few signals on charts and even made some profits, but eventually I got bored. It's a too monotonous activity for me.
So I've decided to concentrate on what I know best and go on with marketing for blockchain projects. The best way to make money on the overheated market is to provide it with what it needs most.
I uploaded around $200 to Poloniex to play around and just to see how it all works from the inside.
I learned how to recognize a few signals on charts and even made some profits, but eventually I got bored. It's a too monotonous activity for me.
So I've decided to concentrate on what I know best and go on with marketing for blockchain projects. The best way to make money on the overheated market is to provide it with what it needs most.
Almost all of my trading experience I lost in my income and whatever strategy I am doing now is still in the market price is low until now i hold bitcoin it never rising the price.
me, too. there is nothing interesting about the trading that I do. sometimes I hold it too long so that it passes the moment where I can get a lot of profit. well, there is always greed in me, in the end I lose this. 
Almost all of my trading experience I lost in my income and whatever strategy I am doing now is still in the market price is low until now i hold bitcoin it never rising the price.
I have been trading since 2007 and one thing that I have through experience is never tried to control the market as the market has it own mind. This very good to cut the loses as quickly as possible and allow the profits to run for long time.
Most trading experiences I can elude to are the ones i regret 
Around July 2017 I was starting to actively trade crypto daily and was doing very well at the time. You pretty much couldn't lose and then IT happened.
I had some open trades on Kraken for about 100 ETH on one x5 leverage and 10 BTC on the other also x5 leverage.
I was up about 20k USD at one point and for some stupid reason I allowed emotions to get the best of me and thought I would wait until I was up 25k and then 30k so on and so on.
To keep a long story short - market started crashing and the 20k profit I had quickly turned to nothing and I got liquidated. Moral of the story is always take profits whenever possible and do the best you can to remove emotion from your decision on whether to buy/sell or place a trade even.
Around July 2017 I was starting to actively trade crypto daily and was doing very well at the time. You pretty much couldn't lose and then IT happened.
I had some open trades on Kraken for about 100 ETH on one x5 leverage and 10 BTC on the other also x5 leverage.
I was up about 20k USD at one point and for some stupid reason I allowed emotions to get the best of me and thought I would wait until I was up 25k and then 30k so on and so on.
To keep a long story short - market started crashing and the 20k profit I had quickly turned to nothing and I got liquidated. Moral of the story is always take profits whenever possible and do the best you can to remove emotion from your decision on whether to buy/sell or place a trade even.
I've been trying to study day-trading. I've always enter at wrong entry point. That's why I always become a bagholder. So I have no choice but to hodl them and wait to increase for a profit or just simply breakeven. But it is okay. At least I was learning. 
Trading is not a easy one.Because you need more patience to get profit from it .Many new traders had lost their by panic selling.You have to be patience till the price increase and don't get panic at any situation.This two is quite enough to get profit from cryptocurrency.With this you have to use the basic trading statics.You have to buy bitcoin at low price and sell at high price.This two factors is quite enough to yield profit from Trading.
I used to hold a lot of coins and i've been losing BTC. Now I'm arbitraging w/ https://crypscan.com and doing way better
For doing that and getting inspiration, I need to know about its details. It will be good when you share your experiences.
Let's share your opinion here.
Let's share your opinion here.
I just buy and safe and in few times I do day trade, so I do not have a success story to tell
Last 2 months ago, i told my self: ''gonna do the (sell moon, buy dip) this month'' to the Coin that i'm holding last 2 months ago which is Rebellious. I saw Rebl's price pumping high that's why i sold them but i didn't know that i sold rebl too early, it has higher price than i sold them, then i quickly bought again the rebl because i'm thinking it might pump more, And the result is i loss 1/4 of funds that i have, I didn't expect because after i bought them, the price suddenly go down 
Ok its history is very sad and at the same time made me laugh because it already happened to me, I had bought lisk for 0.002 btc price, then I sold for the price of 0.0023 btc and lisk went up to 0.0028 btc and I thought lisk would go up more and bought again, it happens that lisk fell, but fortunately I sold in 0.0026 btc so I did not have many losses
Honestly I have not much experiences in trading but I know how to do this or how to handle this. But I can't start it for money because I have no ability for doing this. I will do this in future when I will have much money.
I deal with almost 1 year trading experience but in short time I also have some basic experience for trading such as trading should not focus on a coin .. and many investment projects instead of just one project
I'm usually using 10% of my monthly salary to trade.
I'm expecting 10% profit every week and I cut loss when the value reach 25% ~ 50%
Of course it's difficult to do it rather than say from the mouth because bitcoin value still volatile until now !
I'm expecting 10% profit every week and I cut loss when the value reach 25% ~ 50%
Of course it's difficult to do it rather than say from the mouth because bitcoin value still volatile until now !
My experience is that you need to use Google, Youtube to learn how to analyze the market, coin, chart, ... Then follow the project to study it. Finally, you buy when prices fall and sell when the price increases, the most important is not to affect emotions trading
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