Topic: CRYPTOCURRENCY TRADE PRINCIPLE. (Read 490 times)
Bounty rewards for trading volume and extra people support. Some exchange doing it by bot and fake volume. Principal is interesting news.
Holding is not always the correct strategy. You also need to sell when the price is high. If you keep on holding, you'll have no profit as you'll never cashout.
Buying when the price is high and holding would be a loss. If you really want to earn a profit, make a strategy and put limit orders on different price movements.
Buying when the price is high and holding would be a loss. If you really want to earn a profit, make a strategy and put limit orders on different price movements.
I have some trade principle, "once we get in, never regret, never do similar mistakes".
Well, so far, I still keep learning how to be a good trader to gain more profits. What I must prepare is my patience, strategy, not panic, and also emotion. Never hurry up, be wise and patient to analyze the chart of the market changes.
Well, so far, I still keep learning how to be a good trader to gain more profits. What I must prepare is my patience, strategy, not panic, and also emotion. Never hurry up, be wise and patient to analyze the chart of the market changes.
win or lose part of the game in cryptocurrency investment. the strategy as an investor is not just saving and holding. investors must also monitor the coins movement invested regularly, so that if a bad market change occurs, it can be addressed immediately.
Everyone who conducts crypto trading must already have principles and know about profit or loss. My principle is that I will never sell when I see the results will lose, I better hold when the coins that I have bought are decreasing in price (holding is not afraid of losses) but part of the strategy. And I will sell when I increase, although I will definitely sell a little. Never be afraid to experience a loss, because loss is one of the risks in trading. But you must have a strategy.
well there are some different strategy in trading some of them is the never sell for losebut that strategy is only good for long term when see the potential of the coin and just waiting for few years
The principle of profit and loss I think everyone knows that but the fact is that when conditions are unstable, everyone has limits for their thoughts and needs well so not everyone can do the same even with thousands of strategies.
your chance will depend on how deep you can load your coin and this time i meant about the bottom price of coin. Remember so many people are creating wrong analyzation to put TA and FA at the top but they forget about how to take the best time and price to enter the market.
This is the problem already happened with a lot of traders,
The most important principle of trading - buy during the fall, and you have to sell when there is growth. I know that this is not easy to do. But it comes with experience.
The principle of profit and loss I think everyone knows that but the fact is that when conditions are unstable, everyone has limits for their thoughts and needs well so not everyone can do the same even with thousands of strategies.
No one willing to sell for loss but it will happens once you done the trade so what you will do if the price of your coin lost once you bough it?
You have two choice right,hold it until the price goes up or just buy more with cheap price and make recover from losses even if there is slight increase.
the two choices you offer are often done in trading. I use both, especially if I trade two assets at once, I will use both methods for each asset I trade. and that was proven, I was able to return capital with profit, even more.You have two choice right,hold it until the price goes up or just buy more with cheap price and make recover from losses even if there is slight increase.
Everyone who conducts crypto trading must already have principles and know about profit or loss. My principle is that I will never sell when I see the results will lose, I better hold when the coins that I have bought are decreasing in price (holding is not afraid of losses) but part of the strategy. And I will sell when I increase, although I will definitely sell a little. Never be afraid to experience a loss, because loss is one of the risks in trading. But you must have a strategy.
Nah there are people who trade without having any strategy at all, and I have seen a lot of them. Some people just jump on trades and they don't even know what they are doing, yep that happens a lot here. One thing you have to know is that no one wants to be a loser, if there is anyone that wants to be a loser, which I have never seen before, then that' would be really weird. So the same thing you have in mind is what others have in mind as well, which is - profit. Whenever I invest, if I'm going to hodl then I make up my mind and take the risk, but I don't take stupid risks, I will first of all research about the coin I'm investing and know what experts thinks about it, whether it is going to grow in the nearest future or not. And I don't buy just any coin, I prefer to buy the top coins in the market. 
Everyone who conducts crypto trading must already have principles and know about profit or loss. My principle is that I will never sell when I see the results will lose, I better hold when the coins that I have bought are decreasing in price (holding is not afraid of losses) but part of the strategy. And I will sell when I increase, although I will definitely sell a little. Never be afraid to experience a loss, because loss is one of the risks in trading. But you must have a strategy.
Almost the same as your strategy, when I hold a coin and the price goes down, I will not sell the coin but I will buy it again in stages, and if the price drops again then I will buy it again gradually. In my opinion this is the best way to hold a coin, minimize more losses, even though at first it loses but must be calm.
Oh yeah but I don't dare to do this on coins below 10 cmc, because it's very risky.
No one willing to sell for loss but it will happens once you done the trade so what you will do if the price of your coin lost once you bough it?
You have two choice right,hold it until the price goes up or just buy more with cheap price and make recover from losses even if there is slight increase.
the two choices you offer are often done in trading. I use both, especially if I trade two assets at once, I will use both methods for each asset I trade. and that was proven, I was able to return capital with profit, even more. You have two choice right,hold it until the price goes up or just buy more with cheap price and make recover from losses even if there is slight increase.
Everyone who conducts crypto trading must already have principles and know about profit or loss. My principle is that I will never sell when I see the results will lose, I better hold when the coins that I have bought are decreasing in price (holding is not afraid of losses) but part of the strategy. And I will sell when I increase, although I will definitely sell a little. Never be afraid to experience a loss, because loss is one of the risks in trading. But you must have a strategy.
No one willing to sell for loss but it will happens once you done the trade so what you will do if the price of your coin lost once you bough it?You have two choice right,hold it until the price goes up or just buy more with cheap price and make recover from losses even if there is slight increase.
Crypto trading involves risk taking especially for new traders and also those who do only day trading. I always tell crypto enthusiasts that trading is not for weak minds or greedy people. Any coin can dip, the best is to set stop loss or hold especially when the coin has future prospects. Also remove greed, take profit when need be.
Any tradable coin must dip, which is really the fun of it, because without that dip, there is no way a trader can make profit from such coin, so like you said, it is only a premature trader that will not take this into consideration and quickly take profit when they see one no matter how little it isHey must have at the back of their mind that any coin with high trade volume and prospect must all way have users that will buy and sell from time to time, which usually causes all the fluctuating value we see for us to trade with. Day trading is really an interesting one, but can only be done by people who have a string heart and has dead emotions.
You can win the battle but lose the war. Or you can lose the battle but win the war. Also in trading on the stock exchange. You must understand the dynamics of the market.
What kind of market dynamics? up and down market trends? or the dynamics are over?I always think the principle of all trades is always the same, which is to make a profit. How to? I think we should have good luck and mature analysis to get it.
Buy at low and sell at high price is not only you strategy. In face, almost all people involving in cryptocurrency do the same. And they are following the cliche of hold hold hold until price of coins increase. But my strategy is a bit different from others'. I seek other ways to compensate for my loss like involving in bounty campaigns.
Everyone who conducts crypto trading must already have principles and know about profit or loss. My principle is that I will never sell when I see the results will lose, I better hold when the coins that I have bought are decreasing in price (holding is not afraid of losses) but part of the strategy. And I will sell when I increase, although I will definitely sell a little. Never be afraid to experience a loss, because loss is one of the risks in trading. But you must have a strategy.
When it comes to holding, you really have to handle this with great wisdom, because there are some coins that maybe going down after they surge, and if you are not fast enough to join the group of people selling at that time, you may never ever get the chance to do so again because such coin may never rise, just like some of the coins majority of us all fail to withdraw in the last altcoins bull run, look at what they have all become now, imagine we had taken step to sell them off then, would there be any of the regrets we are having now? Holding is better for any coin you can confidently rely on like Bitcoin, that no matter the fall, it will always come back on its feet. 
You can win the battle but lose the war. Or you can lose the battle but win the war. Also in trading on the stock exchange. You must understand the dynamics of the market.
Everyone who conducts crypto trading must already have principles and know about profit or loss. My principle is that I will never sell when I see the results will lose, I better hold when the coins that I have bought are decreasing in price (holding is not afraid of losses) but part of the strategy. And I will sell when I increase, although I will definitely sell a little. Never be afraid to experience a loss, because loss is one of the risks in trading. But you must have a strategy.
In trading, sometimes you must sell your coin to stop your loss before it get worse.
Many coins are falling to the price where it far from the price you buy, need long time to recover.
So, you can hold if the coin price falling, but you need to hold for long time which can make you become investor rather than trader.
In such cases, I advise investors to diversify the risk of investing in more than one token since it is very dangerous because you do not know where the price of the token will go tomorrow and there is always a risk of losing your investment and that is why I recommend this tactic.
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