Topic: Do not ignore the small profits in Bitcoin investments. (Read 3180 times)
Appreciate every opportunity to earn in crypto, now that the market is still in bearish season we were lucky enough or too skilled since we are able to still gain profit. Some investments like in stocks usually gain profit after 3 years but still depends on how much our capital is. So make those small profits into big again by trading wisely and investing in effective projects.
For me, yes don't ignore the small profits in bitcoin investments and not only in bitcoin, but in your all investment in cryptos, etc. Why we must not ignore it because these little things are not insignificant in the future, especially if it grows, in my experience, I own 0.1BTC in the early year of bitcoin I think is around 2012- 2013 imagine the value of the of 1 BTC on that year. I ignore it at first because of the cost and other things to do, but when the price rate of bitcoin increase I realized that my 0.01 BTC become expensive and I gain a significant amount of money. 
I totally understand your opinion but I think it all depends on yourself, there are some people they are willing to sell when they feel profitable, some people hold it and wait for more time to price increase. It is everyone's choice, I don't judge anyone wrong.
Also for myself, I like to use the money that I can lose to invest because if you have losses your life still alright.
Also for myself, I like to use the money that I can lose to invest because if you have losses your life still alright.
That is one thing that I appreciate. but to get a small percentage and not lose, then you are a professional trader. Money is never easy to make, if 1 or 2 days you can make 3% - 7% continuously, you will be very excited and want to trade, but then you will be tripped by the harshness of market. But it's a good idea anyway.
I do this and I know most of traders here do it. How do I know? Because if people will be contented on only small profits then they will go to the banks or stick to their banks and put all their money there sleeping. That is steady profit but very small. If OP is telling that the small profit in swing tradeing is good, I disagree unless I am a whale that even a slight 2% movement would still give me millions of spread after.
Condition of people in market is different, i will agree if whales who only cares about small profit (in percentage) because if people who only have small amount or maybe not much capital, they will wait for big profit and wouldn't take under 10% profit. Usually the profit almost same with withdrawal fees or maybe will only used again to pay fee in their trading activity again.
I do this and I know most of traders here do it. How do I know? Because if people will be contented on only small profits then they will go to the banks or stick to their banks and put all their money there sleeping. That is steady profit but very small. If OP is telling that the small profit in swing tradeing is good, I disagree unless I am a whale that even a slight 2% movement would still give me millions of spread after.
Being too greedy is not mistake it's a human nature i think..
But i can support your word that people can earn more profit if they being serious about their small profits. But in my opinion isn't it too much hard for low budget investor to reach that place..?Low-budget investors may opt for long term hodling, since collecting small profits to gradually take back the capital may never make any difference. But, still its a good exercise to make use of the strategy for less risky investment. Long term hodling might drain your patience sometimes when your coin doesnt seem to have improved for quite some time.
There is no perfect combination or solution in trading and investing.
there are . patience and being smart are the perfect combination of winning your trade/investment . if your patient you can have the ability to wait for years or decades just to see a good price .
if your smart you cant go wrong on the assets that you are picking because you already done a research if what is good or what is not so good . ignoring the small profits of your investments is like neglecting your whole investment/portfolio . small is better than zero imo
There is no perfect combination or solution in trading and investing. Even this example of buying 1 BTC for $3,000 and selling it for $8900 can only be done in the past tense. It is enough to recall the mood of the market when the BTC price fell and reached $3,000 and there was no certainty about what awaits us next, many sold at $3,500 in order to purchase at $2,600-$2,800, but the price did not drop to this level. Any investment is a risk, but investing in cryptocurrencies is a game of chance that we all play.
The only way to make it through in bitcoin is to sell when you see a little profit and reinvest again
I think that will make you richer fast than the long wait to ma gather the high profits. Price will always go higher and also come down, those are times to take decision.
That is also bad.
Not all of the time that it will increase, it will quickly fall too.
What if you see a small profit and you trade quickly not thinking that it will continuously increase for a week or a month? How will you feel when that happens?
Today, one way or another, without certain investments, it’s almost impossible to earn Bitcoin or receive income. If a person knows how to control a computer and knows what it is, it is best to invest in Bitcoin mining, and it’s good to create your own solar or wind power station, then the source of income will be really magnificent. But if you have certain knowledge and experience in trading, then of course you can trade Bitcoin, especially in daily trading, since many traders prefer this particular type of trading, which is almost the main type of earnings. But even here it will not do without investment. I am sure that no one should hope for easy profit with Bitcoin.
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A lot of people make the same mistake by being too greedy, and ignoring the small profits and not using the proven recipe for success in Bitcoin by buying low and selling high.
They're not been greedy instead acting smart. Day trading or trading in general isn't an activity everyone's can partake in. Sometimes it can favor you although majority of the time it won't. Investing is quite different from trading, if you're trying to encourage forum members into trading for profit then you first have to emphasize on the importance of acquired the required knowledge and skills needed to profit from trading.
It's quite tempting to try to profit from the small gains whenever you see them but if you inquire from those who have been in the industry for quite a long period of time, they'll review "Ignoring the small profit" is quite the best decisions you can ever take as history has always proven, "hodlers profit the most with less stress".
Chip away that initial capital investment, by taking 5% here and 10% there, until you made back 100% of your initial investment.
At this part of the topic, does OP means only take a percentage of the capital? If yes, why not take the 100% of the capital then wait for the moment to buy again. I'm not good in reading the charts but I still want to trade to have some extra income. This topic could help me when to take profits.
Greedy is one of the major factor that will affect someone negativity particularly when it is in you and you have not make any attempt to correct such mind set. Getting profit from trading all started from the little one make before it will become a large sum of money.
Being greedy is not good, at least that will prevent you from making a profit even for a small profit. You can be greedy if the market is in the fast moves so you can be expected to make a bigger profit. But if the situation is like this, I think it will be difficult to see a bigger profit. But if you can take a little profit for a while and you can repeat the process, and you can make a profit, I think you will collecting a bigger profit too.
But it will be different if you have huge money to trade because, in one time trade, you can make more than $50-$100 because once bitcoin price moves from a lower price to a higher price, the price will give you a bigger profit. But still, it is better to take a small profit first before you are ready to make a big profit.
Even if a big or it's just only a small amount of profit, we must thank for what bitcoin gave us.. Coz it is not easy to grow fast, you must have learn to wait the good price of your hodl then see what will happened.. And It will have a good profit comes to you so dont ignore bitcoin profit.
Being too greedy is not mistake it's a human nature i think..
But i can support your word that people can earn more profit if they being serious about their small profits. But in my opinion isn't it too much hard for low budget investor to reach that place..?if we patiently live it and diligently do it, small profits can certainly provide success because every opportunity we have in trading is always utilized as best we can to make a little profit
That is what I usually tell most of my friends that are interested in trading, that they should never focus in big profit alone, but they should also take advantage of small profits also. Taking small profits has lots of disadvantages too, first , it build the trader and gives the trader more experience because taking small profit means you will always trade often which will definitely give you lots of experiences as you trade.With small profit, there is also tendency of being able to compound, and as you compound it, it keeps increasing your crypto base and this may eventually turn big before we could know it rather than ignoring and always waiting for bigger profits that usually take time, and give rise to lots of tension which may make us to panic sell.
Even in day trading, everyone has their strategy, some are scalpers/hfts other prefer the longer 4H to daily and weekly timeframes. The same goes for bitcoin investing, some prefer to take small profits, others prefer to ride the wave for longer periods. Although its always good to take profits, people have their strategies and styles that suits them. You can't fault it.
Being too greedy is not mistake it's a human nature i think..
But i can support your word that people can earn more profit if they being serious about their small profits. But in my opinion isn't it too much hard for low budget investor to reach that place..? 
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Because small profits is the beginning to success. Because if you hold small amount and wait for the right price you want you can earn more than you expect.ln day trading you can just earn now a small amount.but if you just patiently monitor the price you can save little by little in every trade.
In fact, we are much aiming for high which is apparently hard to achieve this time. For me, it is much important to have some even it just of few bucks returns cause this is to say that we earned something and its something is big in the near future.
Just like us human, we started from infants and it grows old after for many years. It will be the same as we start in business from small into big returns depending on the market situation.
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