Topic: Finally, i find way into crypto trading - page 5. (Read 878 times)
Good, almost everyone who are into trading might have got the same experience. At the beginning user finds it hard, once its been done. Further onwards they'll get adopted to the process of buying low and selling high. Everytime this isn't possible, and this can be overcome by having patience and making close observation on the market. This will help in knowing the market changes.
That's the basis of crypto trading. You need to practice, find a winning strategy and dyor daily.
Take emotions away from trades, avoid fud or fomo and stick to basics too.
Be wary of green candles especially in alts
Its good for us to found our rhythm in trading and its not easy at all. Keep it up, if you already found that winning strategy you need to stay on that and of course you should still seek for more strategies to use so you can earn more. Emotions should really set aside, don’t listen to your second thoughts and always depend on what’s on your trading list, FOMO is not a good one. Take emotions away from trades, avoid fud or fomo and stick to basics too.
Be wary of green candles especially in alts
Looks easy, and this thread should be in the trading section.
btw I like the way you make money, I think altcoin is more promising while your trade is a long term trade.
btw I like the way you make money, I think altcoin is more promising while your trade is a long term trade.
That's the basis of crypto trading. You need to practice, find a winning strategy and dyor daily.
Take emotions away from trades, avoid fud or fomo and stick to basics too.
Be wary of green candles especially in alts
Its good for us to found our rhythm in trading and its not easy at all. Keep it up, if you already found that winning strategy you need to stay on that and of course you should still seek for more strategies to use so you can earn more. Emotions should really set aside, don’t listen to your second thoughts and always depend on what’s on your trading list, FOMO is not a good one. Take emotions away from trades, avoid fud or fomo and stick to basics too.
Be wary of green candles especially in alts
Can you maintain your income? if you can get profits so easily it means you can read market prices, your predictions are sharp, and your analysis is correct. the problem I face in the crypto world is the difficulty of getting the right moment to do buy / sell orders.
Yes. That is a good one. But that is just the basics of trading. It might have worked now. But that does not mean it will keep working as easily as that. Trading goes beyond that. You were right on time for the rise of the market. That is why you could make some profit.
And nobody has a single answer on how to trade successfully. It takes some reading, practice, and strategy to be a successful trader.
And nobody has a single answer on how to trade successfully. It takes some reading, practice, and strategy to be a successful trader.
Good for you, that you made a profit, but trading is unfortunately not that "simple". You could be selling at $9000, and watch the price fly to $25000 and watch it STAY there, leaving you behind.
Trading is not that difficult, though I advice anyone to think twice before getting started, as trading on centralized exchanges puts your money at risk.
Do some research on decentralized exchanges, goes for anyone reading this actually.
Blocknet's DEX is probably the best one out there in terms of decentralization and assets listed: https://blockdx.com/
Other than that, good luck on your trading venture
Trading is not that difficult, though I advice anyone to think twice before getting started, as trading on centralized exchanges puts your money at risk.
Do some research on decentralized exchanges, goes for anyone reading this actually.
Blocknet's DEX is probably the best one out there in terms of decentralization and assets listed: https://blockdx.com/
Other than that, good luck on your trading venture
-snip- I've asked about how to trade on here but no one gives me a straight forward answer -snip-
Can you share the link where you asked "how to trade" to people here? I doubt you didn't ask something in specific, so people just give you the answers generally. -snip- I decided to take a risk by using my bitcoin that i locked away in my wallet for few months now to trade on binance -snip-
Firstly, you choose a good place to trade your Bitcoin. Binance is very recommended exchange and it is the place where all people usually do trading. Then, buying and holding Bitcoin for several months is the basic way of earning profits through the volatility of its prices. The principle is "buy at a low rate and sell at higher rates". But this conventional way takes a bit longer time. However, as the beginning step, you did well start.
That's the basis of crypto trading. You need to practice, find a winning strategy and dyor daily.
Take emotions away from trades, avoid fud or fomo and stick to basics too.
Be wary of green candles especially in alts
Take emotions away from trades, avoid fud or fomo and stick to basics too.
Be wary of green candles especially in alts
I hope you know trading is more than what you just explain, good luck to you first for taking that trade and work out fine for you, but you know you can also short, buy high and sell short. If you want to be a successful trader you need to learn, read and the most important thing be very discipline
So far what I've learned is there is no risk of losing your money here
Actually, there is a risk there. If you are keeping your bitcoin most of the time in an exchange, there's a chance that they might get hack and your funds will be gone forever. Binance is no exception because they've been attacked before and good thing that they've refunded all of those affected users.If you're for the BTC/USDT pair, you have to be cautious about that scenario because if not, I'm not wishing though, that incident may happen again.
Just keep it on a safer vault or storage like hardware wallet and just sell and transfer it to an exchange if necessary.
This is simple strategy but in reality it is quite a gamble in the sense that when btc will start real bull run then during small dips person following this strategy will sell and get usdt but infact he will miss the booming ship of btc rocket. You will know about it during next bull run when you will keep looking at your usdt while btc will hit 10x.
percentage of the low purchase price of $ 8,300 to the selling price of $ 9200? if counted, it looks like you got a profit of $ 900 and not $ 100. Sorry, maybe I miscalculated.
it means you are trading short and have made a big profit, maybe I'll try it next time if I have the capital to trade.
it means you are trading short and have made a big profit, maybe I'll try it next time if I have the capital to trade.
IQoption is not a trading site it's actually a binary trading it is just likely you are gamble and it is not the same as trading on Binance.
Trading with USDT/BTC is not actually a trick it is the basic way how to buy low and sell high. There is no trick there it is an old passion basic strategy to make profit on trading. If you stay with that you are far from losing except if the market is in bear market.
Trading with USDT/BTC is not actually a trick it is the basic way how to buy low and sell high. There is no trick there it is an old passion basic strategy to make profit on trading. If you stay with that you are far from losing except if the market is in bear market.
Good trading trick, look at the price, Bitcoin is now above your high, so what would you do? I do not see any reason why we should again fall down, we have confirmed that 8000-9000USD is a strong resistance and we can continue in uptrend.
After months of trying to find ways to trade online i finally took the risk and so far its worth it, I've asked about how to trade on here but no one gives me a straight forward answer and my journey began with trading platforms like IQoption and later Olymptrade, well here is few facts i later unravel
I decided to take a risk by using my bitcoin that i locked away in my wallet for few months now to trade on binance and i was able to earned 100$ by just buying low and selling high, between 8300$ per bitcoin and 9200$, this is a good trick for those who don't know how to start trading, use USDT/BTC trading pair
So far what I've learned is there is no risk of losing your money here, you can be stuck with USDT for a while but we know that bitcoin is volatile, the time will come again, forget other platforms and use crypto trading exchanges like binance, kucoin, huobi... Thank you
I decided to take a risk by using my bitcoin that i locked away in my wallet for few months now to trade on binance and i was able to earned 100$ by just buying low and selling high, between 8300$ per bitcoin and 9200$, this is a good trick for those who don't know how to start trading, use USDT/BTC trading pair
So far what I've learned is there is no risk of losing your money here, you can be stuck with USDT for a while but we know that bitcoin is volatile, the time will come again, forget other platforms and use crypto trading exchanges like binance, kucoin, huobi... Thank you
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