Experience facilitates better understanding - page 3.

fvb

member

Activity: 1470

Merit: 13

Quote from: cytpoway121 on February 18, 2020, 02:12:54 PM

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

Trading experience certainly gives a great advantage. I will not say that I am an experienced trader and have extensive trading experience, but time has shown that intuition has personally helped me many times. This feeling has helped me many times and even brought real profit.

mahilchii

member

Activity: 560

Merit: 13

Honestly even I have learnt a lot of lessons. while trading on a coin you have to research multiple times, also it's always better to give prior on the top coins rather than going for a new one.

I request to the investors to have some knowledge before jumping on crypto without knowing anything, crypto is so risky and Very volatile so think about it and step into this.

DarkDays

legendary

Activity: 2030

Merit: 1189

The vast majority of traders simply jump into the market with little to no understanding of why the market is moving, how to anticipate its direction, when to cut your losses/take profits etc.

This is why most traders get completely rekt while trading, because they think they can just enter a game dominated by experts with absolutely no knowledge.

Automated trading bots and expert traders love uneducated fools entering the market and throwing their money away.

chennappa121

member

Activity: 400

Merit: 12

I gained a lot of experience from my mistakes while crypto trading in early days because of my wrong choice and distinction. Now I will go with only top coins or tokens in crypto market and those should have good reputation in crypto world.

Practices investments is one of best way to make money good profits in crypto market and I will do regularly but I never sell in panic because you will feel very bad when it will bounce back again so better to hold long until you reach target.

akram143

full member

Activity: 1106

Merit: 166

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Quote from: cytpoway121 on February 18, 2020, 02:12:54 PM

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

Not every altcoin holder basically have trust on their holding coins,they are doing it just for profits when they are failing to meet their intention then probably they will jump into better coins which is not bad strategy either but even for a trader its important to choose the right coins for trading by doing this you can reduce the huge dumps by whales.Whenever you are buying a coin for trading purpose two things we have to keep in mind that are wat is the goal price to sell and what is the maximum price to reach below from your purchased price.

cytpoway121

member

Activity: 1540

Merit: 68

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

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