Don't be too desperate to make earning - page 8.

Fredomago

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Quote from: onecall123 on July 22, 2021, 10:56:49 AM

Depending on the situation. What is your strategy? If you're trading like shit, hodling must be appropriate to you. Cryptocurrencies offer many different opportunities for making money other than simply buying and holding or trading. In case you have not made any money through trading, then you should reevaluate your approach. Trading is not just buying random coins and hoping that they will go up, you must go through with more details and be patient.

You need to step forward and make a better research, buying and hoping that all will ends well is not appropriate, adding extra time in finding and sorting information that will help to properly assess certain project before investing your money.

If things is not working well, re-evaulating is the best thing to do, finding what's lacking and what adjustment is needed to be made.

Aiming and patiently waiting for your goals, it works once you already sort the right project to hold.

onecall123

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Depending on the situation. What is your strategy? If you're trading like shit, hodling must be appropriate to you. Cryptocurrencies offer many different opportunities for making money other than simply buying and holding or trading. In case you have not made any money through trading, then you should reevaluate your approach. Trading is not just buying random coins and hoping that they will go up, you must go through with more details and be patient.

famososMuertos

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"...Matured mind, bulid up mindser to be patient..." you started with those adjectives or phrases, which are very fundamental in any activity that we develop but without a doubt there are areas or professions where a lot of them is required, commerce is one.

I always maintain that the trade is open to everyone but not everyone can make a profession of it, at least not in the short term, it requires preparation in knowledge and strengthening mental capacity.

There are many people exercising the activity without any previous experience, in their life they have sold or bought nothing from a commercial point of view, some have never even managed a budget, and they want to come to put money in the crypto trade and earn, like everything in probability, some achieve it; luck, others talent but the vast majority stay in the first phase, perhaps the most important that of learning.

These guys leave frustrated, they return again at a certain time due to the good news that is generated in the crypto market and repeat the cycle of failure, only those who return mentally renewed and full of doing well stay.

Yatsan

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You cannot blame other people for being too much eager when it comes to earning but it is really true that you must not be too much desperate on making an earning specially when it comes to trading because many traders are failing into the part wherein they loose patience or they have ignored an opportunity right infront of them because they are too much excited for profit or they are wanting more to gain as their earning. Take it slow and trust the process and just do necessary actions so that you can still enjoy trading while earning despite of the stressful environment as well as a big pressure while dealing with a highly volatile market.

Karish2return

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As we all know really well about the quote that 'greed is a curse' , so if someone have more money he don't know where to sell, where to buy and what can do to this money. But on the other hand if someone don't have money he knows well about it. That is the main problem.

peter0425

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Quote from: Masplanc on July 15, 2021, 11:04:14 AM

Trading cryptocurrency aren't for kid's , it's for people with matured mind. Going into cryptocurrency trading , one have to build up is mindset to be patient to trade for a long time.

Its called HOLDING if will take long time of waiting mate and not trading.

Quote

One of the problem that affects traders during trading is that they think so fast to make profits .

If this is your view then better leave crypto because if you wanted an easy money then you must learn an Easy losses.

Quote

Trading cryptocurrency for a very short time always is not the best as a trader . Successful traders I have come across go into longtime investment , trading is not just acquiring cryptocurrency but trading comes from the mindset.

Again Long term holding is far from daily trading .

Quote

If the mind is not on positive direction it can result to bad outcomes. And at this point now that the cryptocurrency price is low it's best time to go into longtime trading that will yield good profits in time to come.
So, do not be too hasty to make profits , short time trading don't pay much

depend on how good you are in looking and researching because sometimes Short time trading can make you millionaire over a day.

Peanutswar

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There's is no limation if you want to take a trade because it's all about the knowledge regarding the trading many people would like to join into the trading industry but some of them does not have any kind of idea what's going with it even the circulation or the process of the cryptocurrency. In some instances, newbies in trading learn some from their mistakes and some traders learn through the use of the knowledge its all depends on the trader how it adopts the environment to have a successful full trading plans. Again if you are a beginner in trading trade what you afford to lose, know the best strategy and suitable platform for you.

lienfaye

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If you engage yourself in crypto (regardless if you plan to become a trader or a long term hodler) its a must to know what you are getting into by filling our minds with knowledge and prepare ourselves for the worse that can happen.

Dont expect that everything will go as planned because we know thats not the case in crypto. Patience and controlling the emotions are really needed to prevent committing a mistake that you might regret later.

Keep in mind that there's no easy money here and it can take a long period to profit depending on the market situation.

Wawa2013

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Quote from: monineklutak on July 18, 2021, 04:48:29 AM

Quote from: Wawa2013 on July 17, 2021, 06:51:49 PM

Quote from: Ryker1 on July 17, 2021, 06:34:50 PM

Well, if someone can able make a profit and consistently gain profit in trading why would other cant do it?
Perhaps because they are lazy, they want easy trading without having hard research and studying it well, most of them are thinking that trading is just an easy way of making a profit --not to think that it is the same on gambling.
Being desperate is not good behavior, this will lead you lose all your capital and out of control, there should be always self-discipline.

Everyone does have the same opportunity to be able to make a profit through trading, the problem is people who fail in trading, usually people
think trading is easy and can generate instant profits. Even though there are many things that must be learned to be a successful trader, I agree
most people are lazy to learn how to analyze the market and do research. They only rely on other people's signals when trading, so it is very natural
that many people experience failure when trading. Finally, it's no wonder some traders are desperate to make money, even though the way they
trade is wrong and needs to be fixed.

With such failures, of course, we should be able to learn from it.
if we only rely on other people's opinions without having our own strategy in trading we will most likely not move forward,
what is clear in trading is not easy and we need to learn and do our own analysis while listening to suggestions from other people I think it's much better

It's not that we shouldn't hear other people's opinions at all, but it means that we shouldn't trust other people's opinions completely. We also need
to do our own research and analysis to make sure the decisions we will take are correct, therefore the opinions of others can be used as
a comparison with the results of the analysis and research that we have done. Because sometimes we do need input from others, but we must
wisely accept other people's opinions. By doing all that, our analytical skills should be increasing and getting profit is just a matter of time.

DibiaVxosis

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Quote from: Masplanc on July 15, 2021, 11:04:14 AM

Trading cryptocurrency aren't for kid's , it's for people with matured mind. Going into cryptocurrency trading , one have to build up is mindset to be patient to trade for a long time. One of the problem that affects traders during trading is that they think so fast to make profits . Trading cryptocurrency for a very short time always is not the best as a trader . Successful traders I have come across go into longtime investment , trading is not just acquiring cryptocurrency but trading comes from the mindset. If the mind is not on positive direction it can result to bad outcomes. And at this point now that the cryptocurrency price is low it's best time to go into longtime trading that will yield good profits in time to come.
So, do not be too hasty to make profits , short time trading don't pay much

It's obvious that mastery is key, most people don't strive to master the movement of the market before there jump into trading, putting more effort to gather much knowledge on how the market works can be more profitable than just chasing profits, the main problem is that people are more concerned on making profits than even studying the market to be good enough to trade.

kapalmabur

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Activity: 2002

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the current situation is indeed very difficult to get money,
especially those who have bought crypto currency at a high price will certainly feel frustrated because it has suffered a lot of losses,
even though I bought it at a low price and still profit, to be honest I also still feel frustrated because it has lose more than -50%

lenovop-70

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Quote from: Karish2return on July 17, 2021, 06:27:53 AM

As it is simply clear that making money is not that easy it takes some time, you have to face some obstacles and also many of the roads will desperate you but it doesn't mean you have to loss hope. We have to try again with a different method and some other possible strategies. This is probably help us.

You are right, being trader make us grow and thinking carefully and predictably before take action. And the situation today make some of us desperate with unknown market direction, no wonder some of trader stop what they do and taking vacation while wait the market give good sign to entry.

SquallLeonhart

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Quote from: geegaw on July 16, 2021, 01:35:02 PM

This can also be another view of the matter, more precisely, we are talking about the objectivity of making money in the short term when in many phases of the market, an uptrend becomes prominent and short-term investment for profit becomes easy, a few more special cases are professional traders with their ability to read charts, using margin mode to make money in the short term. Mainly perhaps this topic is aimed at inexperienced investors and not yet firmly grounded in the concept of trading

I have been in crypto longer than almost anyone here, there are only a handful of people who have been involved with bitcoin as long as I have been but at the end of the day I am a bad trader, I am not really interested in learning how to as well, I tried once upon a time I read about everything I know Bollinger bands and MACD and resistance and support and many other things, I can read a chart if I try hard enough, maybe I will fail but I can give it a go as well as I can.

However I am horrible at it, even though I know how to a bit, I still suck at it because I just can't comprehend it, it is not what I am good at and that is why I end up with losing money at short term trading. This allowed me to make a lot of profit though, how? Because I realized I am not good at it and I ended up using long term investment, the "buy and forget" method and that allowed me to make a good profit.

monineklutak

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Quote from: Wawa2013 on July 17, 2021, 06:51:49 PM

Quote from: Ryker1 on July 17, 2021, 06:34:50 PM

Quote from: blockman on July 17, 2021, 05:15:13 PM

Quote from: Karish2return on July 17, 2021, 06:27:53 AM

As it is simply clear that making money is not that easy it takes some time, you have to face some obstacles and also many of the roads will desperate you but it doesn't mean you have to loss hope. We have to try again with a different method and some other possible strategies. This is probably help us.

For someone who wants to stay in trading and don't want to loss their hope, they can do that. But for someone who have already lost their hopes, there's no need for them to keep on trying because that's already enough for them. They already understood that being desperate in earning through trading isn't for them and all of that won't be worth it anymore if they keep on trying hard as much as they can. But to those who wants to try and they see the potential on this and to themselves, I agree to what you said and that's what they have to do.

Well, if someone can able make a profit and consistently gain profit in trading why would other cant do it?
Perhaps because they are lazy, they want easy trading without having hard research and studying it well, most of them are thinking that trading is just an easy way of making a profit --not to think that it is the same on gambling.
Being desperate is not good behavior, this will lead you lose all your capital and out of control, there should be always self-discipline.

Everyone does have the same opportunity to be able to make a profit through trading, the problem is people who fail in trading, usually people
think trading is easy and can generate instant profits. Even though there are many things that must be learned to be a successful trader, I agree
most people are lazy to learn how to analyze the market and do research. They only rely on other people's signals when trading, so it is very natural
that many people experience failure when trading. Finally, it's no wonder some traders are desperate to make money, even though the way they
trade is wrong and needs to be fixed.

With such failures, of course, we should be able to learn from it.
if we only rely on other people's opinions without having our own strategy in trading we will most likely not move forward,
what is clear in trading is not easy and we need to learn and do our own analysis while listening to suggestions from other people I think it's much better

MIner1448

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Indeed, in a trade, you can not earn anything for a whole month due to the fact that a couple of deals went into plus and the third deal ate up all the profit. You really need to be patient in our craft in order to start making money, many immediately after losing trades leave the crypt without starting to trade and make money because of their character or upset feelings ...

Wawa2013

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Quote from: Ryker1 on July 17, 2021, 06:34:50 PM

Quote from: blockman on July 17, 2021, 05:15:13 PM

Quote from: Karish2return on July 17, 2021, 06:27:53 AM

As it is simply clear that making money is not that easy it takes some time, you have to face some obstacles and also many of the roads will desperate you but it doesn't mean you have to loss hope. We have to try again with a different method and some other possible strategies. This is probably help us.

For someone who wants to stay in trading and don't want to loss their hope, they can do that. But for someone who have already lost their hopes, there's no need for them to keep on trying because that's already enough for them. They already understood that being desperate in earning through trading isn't for them and all of that won't be worth it anymore if they keep on trying hard as much as they can. But to those who wants to try and they see the potential on this and to themselves, I agree to what you said and that's what they have to do.

Well, if someone can able make a profit and consistently gain profit in trading why would other cant do it?
Perhaps because they are lazy, they want easy trading without having hard research and studying it well, most of them are thinking that trading is just an easy way of making a profit --not to think that it is the same on gambling.
Being desperate is not good behavior, this will lead you lose all your capital and out of control, there should be always self-discipline.

Everyone does have the same opportunity to be able to make a profit through trading, the problem is people who fail in trading, usually people
think trading is easy and can generate instant profits. Even though there are many things that must be learned to be a successful trader, I agree
most people are lazy to learn how to analyze the market and do research. They only rely on other people's signals when trading, so it is very natural
that many people experience failure when trading. Finally, it's no wonder some traders are desperate to make money, even though the way they
trade is wrong and needs to be fixed.

Ryker1

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Quote from: blockman on July 17, 2021, 05:15:13 PM

Quote from: Karish2return on July 17, 2021, 06:27:53 AM

As it is simply clear that making money is not that easy it takes some time, you have to face some obstacles and also many of the roads will desperate you but it doesn't mean you have to loss hope. We have to try again with a different method and some other possible strategies. This is probably help us.

For someone who wants to stay in trading and don't want to loss their hope, they can do that. But for someone who have already lost their hopes, there's no need for them to keep on trying because that's already enough for them. They already understood that being desperate in earning through trading isn't for them and all of that won't be worth it anymore if they keep on trying hard as much as they can. But to those who wants to try and they see the potential on this and to themselves, I agree to what you said and that's what they have to do.

Well, if someone can able make a profit and consistently gain profit in trading why would other cant do it?
Perhaps because they are lazy, they want easy trading without having hard research and studying it well, most of them are thinking that trading is just an easy way of making a profit --not to think that it is the same on gambling.
Being desperate is not good behavior, this will lead you lose all your capital and out of control, there should be always self-discipline.

blockman

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Vave.com - Crypto Casino

Quote from: Karish2return on July 17, 2021, 06:27:53 AM

As it is simply clear that making money is not that easy it takes some time, you have to face some obstacles and also many of the roads will desperate you but it doesn't mean you have to loss hope. We have to try again with a different method and some other possible strategies. This is probably help us.

For someone who wants to stay in trading and don't want to loss their hope, they can do that. But for someone who have already lost their hopes, there's no need for them to keep on trying because that's already enough for them. They already understood that being desperate in earning through trading isn't for them and all of that won't be worth it anymore if they keep on trying hard as much as they can. But to those who wants to try and they see the potential on this and to themselves, I agree to what you said and that's what they have to do.

semobo

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Quote from: Masplanc on July 15, 2021, 11:04:14 AM

So, do not be too hasty to make profits , short time trading don't pay much

Short-term trading gives more profits theoretically but the forgotten fact is that you lose more money than what you made from short-term trading.

Being desperate in trading is okay but if their desperation becomes greed then they are going to be crazy with their decisions for sure and they are not going to make any profits in real life by doing that trading.

lixer

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Quote from: Masplanc on July 15, 2021, 11:04:14 AM

Trading cryptocurrency for a very short time always is not the best as a trader

Unless you have the right knowledge and experience of doing it. I have seen traders who have made a good amount of money just by trading quickly from one coin to another because they somehow knew which coins were going to go up, which might be a result of their technical or fundamental analysis.

Quote from: Masplanc on July 15, 2021, 11:04:14 AM

Successful traders I have come across go into longtime investment , trading is not just acquiring cryptocurrency but trading comes from the mindset.

I feel like you might have misunderstood investors as traders. Someone who puts money into a project for the long term is an investor while the trader has to keep trading activity because they don't have a gigantic capital and liquidity (ability to sell or buy coins quickly) is important for them.

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