At the beginning of my trading, i used think cryptocurrency is the best way to make money but after Bitcoin price is decreased many altcoins lost their value. So instead of trading, it is better to hold the coins in the market because most of the coins losing their value in the market. Instead of loosing in trading better to hold them until the market starts increasing.
when I start trading, I think holding back is everything. however, I am wrong, the most important thing in trading is taking the opportunity when you trade. well, whatever happens, you have to try to make the transformation end in your favor.
Topic: Can you share your trading experiences? - page 2. (Read 2845 times)
At the beginning of my trading, i used think cryptocurrency is the best way to make money but after Bitcoin price is decreased many altcoins lost their value. So instead of trading, it is better to hold the coins in the market because most of the coins losing their value in the market. Instead of loosing in trading better to hold them until the market starts increasing.
when I start trading, I think holding back is everything. however, I am wrong, the most important thing in trading is taking the opportunity when you trade. well, whatever happens, you have to try to make the transformation end in your favor.
At the beginning of my trading, i used think cryptocurrency is the best way to make money but after Bitcoin price is decreased many altcoins lost their value. So instead of trading, it is better to hold the coins in the market because most of the coins losing their value in the market. Instead of loosing in trading better to hold them until the market starts increasing.
when I start trading, I think holding back is everything. however, I am wrong, the most important thing in trading is taking the opportunity when you trade. well, whatever happens, you have to try to make the transformation end in your favor.
At the beginning of my trading, i used think cryptocurrency is the best way to make money but after Bitcoin price is decreased many altcoins lost their value. So instead of trading, it is better to hold the coins in the market because most of the coins losing their value in the market. Instead of loosing in trading better to hold them until the market starts increasing.
In this situation of crypto market is better to do day trading by take profit 10 % to 30% and dont forget to use stop loss around 7% to avoid big loss. For day trading use exchange that has high trading volume like Binance. All price of crypto in the bottom now so is more easy to earn profit. Learn more about trading plan and management of risk and money.
Stop loss is commonly used nowadays. Due to the market situation, most of the cryptocurrencies are suffering to a low volume and sales. Many investors are backing out because there is no profits in this industry. However, many people are still convince to invest and trade. I have no plan right now because I do not want to be defeated in trading and loss a lot. I just wait for the perfect moment when market goes up. Ok, trading is a great decision even in such a volatile market. But you need to pay your attention to stop losses orders to protect yourself from risks. This is an inherent part of your trading strategy when the market is so volatile. Stop losses help trader exit when the price reaches a determined rate. The most popular stop loss is a Stop Loss Market Order. When the price reaches stop loss mark, your broker automatically closes the trade. Also, in order to get useful information about how to trade in so volatile market, you need to get a consultation from more experienced traders. It will become possible with new educational and trading platform Newconsort.
Having patience is must because if you will hold it will increase your chances for earning, I must say you have shared really good points with us, that can help us make profit in future, trading is not that easy for me surely we will have to be more patient to get profit from it, as many have lost for selling their coin at panic, according to my experience hold your coin until price increases and don’t panic at any bad situation,
Ok, trading is a great decision even in such a volatile market. But you need to pay your attention to stop losses orders to protect yourself from risks. This is an inherent part of your trading strategy when the market is so volatile. Stop losses help trader exit when the price reaches a determined rate. The most popular stop loss is a Stop Loss Market Order. When the price reaches stop loss mark, your broker automatically closes the trade. Also, in order to get useful information about how to trade in so volatile market, you need to get a consultation from more experienced traders. It will become possible with new educational and trading platform Newconsort.
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
One of the things that I think is most important in the area of investment is patience and financial management experience. I have failed many times to let my mind worry about money and monthly bills.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
We should invest in planning and follow that plan. We also have no hesitation when making the final decision. That's what I learned a lot from the crypto market.
Since crypto has high fluctiacion we should be learn about risk management first. There are some crypto already dumped 90% but after that the price not any sign to going up and the price keep down to 99%. When you start in to crypto trading we have to know first the risk and after that make trading plan to minimize that risk.
It is very difficult to trade in an unstable market. A mandatory rule is a stop loss. Exit the coin as soon as you get a small profit or keep in long term.
This is natural. No one can do business or trade or invest in something if he doesn’t feel satisfied with environmental needs. Plus, mostly people get fear of volatility, they must digest it.
I don't do trading, I'm more of the kind is a holder. Since buy coins and put for a long period of time it is more profitable for me, because I have no time to trade and nerves are not so iron for trading! But if you are one of the risky guys, good luck to you!
As a beginner trading won't be an easy task for you. If you want to make profits firm trading you need to have patience first and also need some strategy to trade. Another important word is you must avoid emotion because emotion is dangerous for trading.
I used to make good money in trading in bullish market in 2017 , I think in that time everyone could make a lot of money even by just holding btc!
That time everything was better even the varieties of bounties also ICOs , this year everything has been more difficult , I still could make some but not as 2017 , I'm trying to learn better .
That time everything was better even the varieties of bounties also ICOs , this year everything has been more difficult , I still could make some but not as 2017 , I'm trying to learn better .
for newbies trading experience is very good to read we can learn a lot from experienced members there hard work and there mistakes its good to read we can avoid some mistakes although we cant avoid all we should go through some mistakes and than only learn right way
Unfortunately, have not enough time to trade manually and I use the bots last time.
Every morning I check my tradesanta bot with the great interest and check how much did he trade.. Also I use the cryptohopper. All of them work well but I think tradesanta have more features than cryptohopper..
Every morning I check my tradesanta bot with the great interest and check how much did he trade.. Also I use the cryptohopper. All of them work well but I think tradesanta have more features than cryptohopper..
It is very difficult to trade in an unstable market. A mandatory rule is a stop loss. Exit the coin as soon as you get a small profit or keep in long term.
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
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
Well, personally if you want to build trading experience, you’d better to make a clear plan and then afterward you yourself try to do your plan proactively and practically, don’t wait and ask another people sharing their trading experience, it's not a good idea. Because each person has different context as well as different trouble, meanwhile, the market is continually volatile, it’s not in the same fluctuation. Therefore, when you yourself do trading practically, you wil understand more and also learn from your mistake or something like that will help you build a wealth of solid experience. it's just my advice. Wish you soon having a world of experience so that you can reach a large fruits.
Actually I don't think that any successeful trader will share his experince here. BUt you cam try to create your own trading system. For this you should study technical analysis. There are much information about technical analysis through indicators, classic theory of Elliot's waves in youtube for expamle.
There seems to be some successful traders in the forum, but as you said they are probably too busy making money to give us insights about how they do it, so you need to understand that making money in trading is a very difficult process and it probably took them years to master their abilities and it is very unlikely that they are going to want to share their secrets with us. 
In this situation of crypto market is better to do day trading by take profit 10 % to 30% and dont forget to use stop loss around 7% to avoid big loss. For day trading use exchange that has high trading volume like Binance. All price of crypto in the bottom now so is more easy to earn profit. Learn more about trading plan and management of risk and money.
THAts too risky to expect for a daytraders in this bearish market,and if you did for sure losses will face you
This part of crucial market trading 3-7% is big enough to do so,and if it gets 10% well thats a bonus already.i have been trading for sometimesnd based on my personal experiences the dip market is advisable for small profit as long as it dos several times a day or per days
Day trading comes with a low percentage per trade, which you can always take consistently and maybe for the day accrue up to that, but I really would not say this is something that even would be easy to attain in a bear market and most times, a lot of day traders just tend to keep out when the market is very hot on the way down.
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
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
Current market situation, in conditions that are very boring or stagnant. Because the step up and down is not so big, for example bitcoin and ethereum. Stagnant market conditions remain good, this thing has an advantage for small and medium traders. Because of this kind of market crypto prices are usually very predictable.
This fairly stable market condition must be able to be utilized by every trader, patience and proper emotional control are the keys to getting satisfactory results.
Experience will also have a significant impact, the more experience a trader has, the trader will get closer to success.
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