For me what matters a lot in this market is about how smart you are to taking the best time to buy crypto. This based on my experience when I can get into the market when it was reaching the bottom and it just needs a few hours for me to get the decent profit. The consistency is an important thing to know and learn the crypto market.
in this market what matters a lot is about when you can create a good prediction about how long the bottom if the market will be and then that must always be your golden chance to do that. Just try to go all for the bearish market and comeback when bull market appears right now.
The market is always changing anytime especially when it comes to the factors that can affect the market. One or two coins seems a good option for me but when there will be another good coin to be added and why not?
Topic: CONSISTENCY PAYS (Read 266 times)
Usually traders based their profits on analysis. Yeah its hard to win in a troubled market and we can see it as many losses big funds along the way. The idea of buy low sell high sometime leads to sell low. Many people often got mistakes and they still never learn. Focusing it on 2 to 3 coins could give them idea on how to persistently win and consistently make profits.
The truth is the difficulty in trading is getting larger.
Before it was really easy.
But now? It is like a war there.
Prices changes but your orders are still intact it is like the bots are the ones phasing the trading websites.
I do manual trade but there is really just no profit. It is just like playing the coins with a risk and in time the value goes lower.
I stopped it for the mean time and just want to rest.
Before it was really easy.
But now? It is like a war there.
Prices changes but your orders are still intact it is like the bots are the ones phasing the trading websites.
I do manual trade but there is really just no profit. It is just like playing the coins with a risk and in time the value goes lower.
I stopped it for the mean time and just want to rest.
Yes, we should always be consistent with what we have made. To be honest, I also trade in just a few exchanges such as Idex and Binance. Because too many exchanges make me rather lazy to go to another exchange. Besides that, I take at most 5 coins to trade. And usually for BTC I save a long term. From the way above I get the benefit, yes, although not much.
Putting together a well balanced portfolio with manageable risk is one way to ensure you minimize any loss of capital when there's volatility, and choosing good quality assets predominantly top ranked also helps to minimize the risks involved in cryptocurrency investment
of course, in investing the risk calculation must be smaller than the rewards that we will get. therefore analyzing the best area to buy and sell is very important, because if we predict wrongly, then it's better to get out of the market and look for another area. therefore several strategies are needed
No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
Will agree with you, i mean 3 coin to pick at least you can more focus on it. Especially for people maybe who have limit capital. Because we must actually prepare a lot of thing into daily or mid term trading. Capital, back up capital to prevent we lose if price keep dumped, skills in trading. And because of that, trading is actually not a simple thing to do and a lot of people must know it. Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
Putting together a well balanced portfolio with manageable risk is one way to ensure you minimize any loss of capital when there's volatility, and choosing good quality assets predominantly top ranked also helps to minimize the risks involved in cryptocurrency investment
that you describe is one of the most basic trading management, but indeed not everyone understands and even though they know but it is not done,
actually it would be better if we trade in only two or three coins, it will be easier for us to understand the psychology of a coin, because it is actually a chart is looping, so we will be easier to find out the journey of a coin ..
actually it would be better if we trade in only two or three coins, it will be easier for us to understand the psychology of a coin, because it is actually a chart is looping, so we will be easier to find out the journey of a coin ..
No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
Sticking to 3 coins makes sense only if you picked the right ones. It doesn't make sense to hold on for some delusion that some day time will come for what ever you are holding. Fighting the price trend is just lazy thinking when you could stack more sats with the coins that already have started their bull run. But i understand that sometimes cutting your losses and ditching the project you believe in is scary as f.
It is so true. Doing lots of meaningful research consistently watching and keeping an eye on things is when you make good trades. I prefer smaller more consistent trades. You can gamble on the fact that certain coons projects have updated with some new feature and that can cause a rose. If the coin has a use it is easier to predict especially if it has lasted at least a year.
You are absolutely right about what you say. Greed so, always wanting more always causes loss. No matter how much the current price has increased, you always wait for more. Of course, the price rises until any point, then the price starts to fall, in the meantime you are still waiting, but this expectation to save your own investment, but it is too late.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
My strategy: the right time and the right coin. I will love to hear the strategy you have been using to make money in this current market.
Yes, never say never right? That's it, the world belongs to risk takers but also it's good making or taking calculated risks. What am driving at is, owing to the nature of the market it's wise for one to trade carefully and ensure he is grounded and armed with the neccessary knowledge about trading. However I trade but not like I used to, as am holding some of my coins and buying BTC the little I can.
No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
3-4 coins will make your activity to monitor prices more consistent to get enough daily percentage. But diversification sometimes produces more varied profits and we don't miss the momentum that comes from coins that experience actual moments. This will be better, but all strategies are based on the abilities of each trader. Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
Yes, it is very important to trade without any emotion, stop thinking about the market sentiment. If your portfolio is growing in a BTC value, that is the important thing, not the USD value. 
No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
How exactly is Energi Token an example of a successful project?
It has lost practically all of its value in the last 1.5 years and has literally zero trade volume. Anybody holding Energi Tokens now is completely screen since it has no liquidity.
The token is even down 97% since its ICO and never had the trade volume needed to generate a profit.
What drugs are you on OP?
Call me a dumb ass if you want cos i have no reliable way of making money from crypto for now but i keep buying the dips, one thing is for sure and that is nothing stay the same forever, bear market won't be here forever so i am a devoted crypto holder
Theres nothing wrong with being a devoted crypto holder, all you need more is to be smart.
Be smart and pick your profit margin swiftly, and also when to cut loss..
Holding too many tokens will make you miss out on information about few, such as swaps etc.
DYOR and invest, don't invest before doing researches.
IIRC IDEX token is aura right? Picking good coins doesn't still guarantee you profit but you have higher chance to make with those coins. The risk will remain but the chance of profitability is much higher than the unknown random coins.
I agree to you in the point of not making about thousands. This is good if you have a huge capital but for aspiring traders that are starting out their career and still acquiring experience, consistency is a factor that you've needed most which includes patience too.
I agree to you in the point of not making about thousands. This is good if you have a huge capital but for aspiring traders that are starting out their career and still acquiring experience, consistency is a factor that you've needed most which includes patience too.
No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
I've studied the market pattern (price movement) for a few coins and I've been trading them with little profit. It works for me, at least I win 70% of my trades since I don't usually aim for more than 20% profit. Also with stop loss in place, I'm sure I won't lose much supposedly the trade turns out unfavorable. I also watch out for some FA and take advantage, for instance I made good profit trading CORTEX seeing their victory for Binance listing competition with AERGO. Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market.
I will love to hear the strategy you have been using to make money in this current market.
The downturn in the alt market is actually good in terms of helping flush out tokens that have no fundamental value to them. These were the projects that were ruining the name of the entire crypto market for being shady and sometimes even outright scams.
But you're right. Don't jump from one coin to another when you're investing.
Do thorough research into each coin's fundamentals and see which one has the best long term fundamentals. And then, pick the ones that are most undervalued right now. Don't follow the herd and go for the hyped up coins at the time. One such coin that fits this category right now is probably IOTA, imo.
I only made a few trades lately because it was stressful, my current strategy to make money right now is running a masternode. I invested some of my money into a masternode project using a shared masternode platform to get a passive income daily, with it I do not need to make many trades to survive in this situation and I still can hold my bags until it is going up.
Same, I'm running around 15 masternodes in a lot of different projects I believe in. Don't invest in masternode projects with no roadmap, or no products in sight though, as they'll crash and burn HARD.
I'm saving up for a Blocknet masternode right now, as they profit from DEX fee's (Blocknet's DEX) which I believe will be the next big thing. The most exciting part though is their Xrouter, which is gonna solve the Oracle problem, in a more decentralized and cheaper solution as Chainlinks vision. A huge advantage is, they run on their own blockchain, meaning they don't rely on the Ethereum blockchain.
Masternodes can be a great passive income, as long as you pick the right ones. Good luck!
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