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Topic: [HELP] I need help and advice (Read 584 times)

hero member
Activity: 1148
Merit: 527
May 31, 2019, 04:40:36 AM
#48
I think you are looking to succeed at something no one has ever succeed before in the entire worlds history.
Nobody in the entire world managed to make 10% a day in any way or shape for too many days in a row, they have managed to do it maybe couple times in a row, but nobody did it for too many days in a row.

Even the richest man in the world at one point Warren Buffet who made his fortunes by investing and managed to get worth as much as over 60 billion dollars (don't know how much now) didn't made that type of return, he was making about 20% a year return on average for 50 years in a row.

It means if you want to make money and become rich, no amount is too little but if you want to become one of the richest man alive all you have to do is keep doing it years after years instead of trying to do it quickly in couple months, instead of 10% a day, do 20% a year for 50 years and your children will be richer than anyone in the world.
Quite right, no one can ever make up to that 10% in a day constantly and even the so called pro traders would not dare boast of meeting up with that target on their trade daily, is target is actually too high and no matter how volatile the market is, I think the amount I can really guarantee in a day is 2% and highest should be around 4% if he is scalp trading.

The best way he would have really made it is to work with 2% in a day, then be compounding it and adding it up to his investment to increase his chance of winning higher when he accumulates his profit, or better still, he should just continue to hold and maybe luck will shine on his trading coin and make it increase by 300% within the month which has already covered all the daily wishes.
legendary
Activity: 1512
Merit: 1041
May 31, 2019, 01:04:55 AM
#47
I suggest you learn to control your emotions first and don't be greedy, because the 10% profit per day is a big profit
ok, thank you friend, I realize what I want is wrong. I am too greedy and grandiose in getting the results of trade. 10% is indeed a very large percentage in daily trading.
First, you do not need to feel low if you think you are not making enough progress and the coin you are holding is not good to give back good return. I think you should really look for other good coins like BNB that has been gaining some amazing value since the last month. In addition, ETH is great deal and can give you return but you need learn more about day trade and about which coin could give you more with day trade.
To start with, those coins are one of the best coins to rely on for good profit, but for day trading, they are good but not as op want it. 10% is quite a lot for these coins to generate for any investor in a day when they are not the only currency being traded.

The only time one can have a record of this percentage is when some of them like bitcoin quickly gain a very high momentum, and which is usually like once in a while not every day. It is even going to be a grater deal to hold some of these coins you mentioned, including some top coins as long term investment as I believe they give more profit then than day trading.
hero member
Activity: 949
Merit: 517
May 31, 2019, 12:16:26 AM
#46
With your ambitious goal, you just need 10 days to double your initial capital, that would be so unrealistic.
Aiming high is alright as long as you have the skills but even traders who are expert in this field cannot consistently make profit on a daily basis.

My question to you is, how much profit you really like?

1 to 2 percent daily is a good target already, but to have a decent profit, you need a decent capital.
member
Activity: 685
Merit: 14
May 30, 2019, 03:03:02 PM
#45
I will give you one idea to deal that 1 Ethereum investment on any exchanges you like trustworthy.
Initially take that fund with the pairing conversion of ETH/USDT or USDC. This coin will perform the little fluctuation everyday with the USD value.
So we may get the little profit by making this pair conversion at all the time for few days then you may move to different coins.
member
Activity: 546
Merit: 32
May 30, 2019, 02:52:05 PM
#44
I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.
Don't be too optimistic and being greed will suck you.If you want profits then you need to find a way but if you ask me better hold it until the end of bull run which may not give 10% profits everyday but the end you will make a lot.
full member
Activity: 854
Merit: 103
May 30, 2019, 12:17:24 PM
#43
I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.
so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.
How long do you trade now? Didn't you get any lesson from your trading experience?
As a crypto trader as you mentioned, you should know that you can't expect a 10% profit every day.
Crypto is volatile so obviously, it won't reach your expectations.
Sorry but you need to continue your usual trading way until you learn what things should be done.

When you trade cryptocurrencies, you can make a plan, but it will be always difficult to follow it. You cannot try to make a certain profit: each time it will be different, and the losses are also waiting for you.
full member
Activity: 714
Merit: 102
May 30, 2019, 08:42:58 AM
#42
First, you do not need to feel low if you think you are not making enough progress and the coin you are holding is not good to give back good return. I think you should really look for other good coins like BNB that has been gaining some amazing value since the last month. In addition, ETH is great deal and can give you return but you need learn more about day trade and about which coin could give you more with day trade.
Binance (BNB) is a coin that I have tried to trade, but maybe because of my lack of expertise in trading, I often suffer losses.
right now I'm trying to trade other coins like Etherparty (FUEL) in the Latoken Exchanger.
hero member
Activity: 1134
Merit: 515
May 30, 2019, 05:55:44 AM
#41
I suggest you learn to control your emotions first and don't be greedy, because the 10% profit per day is a big profit
ok, thank you friend, I realize what I want is wrong. I am too greedy and grandiose in getting the results of trade. 10% is indeed a very large percentage in daily trading.
First, you do not need to feel low if you think you are not making enough progress and the coin you are holding is not good to give back good return. I think you should really look for other good coins like BNB that has been gaining some amazing value since the last month. In addition, ETH is great deal and can give you return but you need learn more about day trade and about which coin could give you more with day trade.
legendary
Activity: 1652
Merit: 1057
May 29, 2019, 12:32:14 PM
#40
I think you are looking to succeed at something no one has ever succeed before in the entire worlds history.
Nobody in the entire world managed to make 10% a day in any way or shape for too many days in a row, they have managed to do it maybe couple times in a row, but nobody did it for too many days in a row.

Even the richest man in the world at one point Warren Buffet who made his fortunes by investing and managed to get worth as much as over 60 billion dollars (don't know how much now) didn't made that type of return, he was making about 20% a year return on average for 50 years in a row.

It means if you want to make money and become rich, no amount is too little but if you want to become one of the richest man alive all you have to do is keep doing it years after years instead of trying to do it quickly in couple months, instead of 10% a day, do 20% a year for 50 years and your children will be richer than anyone in the world.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
May 29, 2019, 11:09:18 AM
#39
You can't have 10% profit everyday no matter which coin you trade but you can keep losing everyday through trading. Sometimes if you just hold, in the end you will have made more than 10% profit everyday.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
May 29, 2019, 10:43:00 AM
#38
I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.
So you want to double your investment capital only in 10 days? Looks your are over confidence and it is really not possible to reach 10% growth everyday and the right exchange is for only legit and for making profits you need to come with your strategy.
full member
Activity: 714
Merit: 102
May 29, 2019, 07:40:33 AM
#37
I suggest you learn to control your emotions first and don't be greedy, because the 10% profit per day is a big profit
ok, thank you friend, I realize what I want is wrong. I am too greedy and grandiose in getting the results of trade. 10% is indeed a very large percentage in daily trading.
member
Activity: 560
Merit: 11
May 29, 2019, 03:59:28 AM
#36
I suggest you learn to control your emotions first and don't be greedy, because the 10% profit per day is a big profit
full member
Activity: 1330
Merit: 147
May 29, 2019, 03:18:20 AM
#35
I guess it is not about an exchange, you will get 10% profit per day in any exchange if your knowledgeable support to gain profit, but if not, you trade every exchange that give bonus to the user I bet you won't have an opportunity to gain 10% profit per day. So my advise is find more about trading cryptocurrency either its strategy, psychology and money management these things will give a huge profit if the market support to your strategy. Because trading is now gambling, your profit will be gained certaintly depend on your knowledge.
member
Activity: 389
Merit: 78
[insert coin to continue]
May 29, 2019, 02:54:48 AM
#34
Thank you for all your suggestions, right what you say, maybe I am too greedy when I target 10% of the profit from daily trading that I do.
I will try to be more realistic so I am satisfied with the profits of 2% - 5% of the daily trade

My advice is to not have any fixed return in mind. Not per day, not per week, neither per month.
What happens when you're at -5% in a day? Your mind will tell you that you HAVE TO DO something to get your losses back. This leads to bad decisions and eventually more losses.

Change your mindset and start smaller: I want to grow my balance.

Ask yourself what your real goal is! Are you looking for a small passive income? Getting trading experience? Financial freedom? Getting rich quick?
This highly affects your emotions while trading, so this should be clear to yourself. Having a clear mind will help you being more confident in your trades again.  Smiley



Regarding your questions:

The greatest potential probably is in leveraged trading. It isn't THAT risky if you stick to a low leverage (start with x2 or x3).
Read EVERY guide about margin trading you can find. Start in the testnet first. Get confident about your knowledge.

Main platforms are Bitmex, Deribit or PrimeXBT (Bitmex has highest liquidity).

If you follow the link in my signature, you can have a look at my trading diary. The results so far come close to what you want to achieve.
member
Activity: 546
Merit: 10
💲 EMIREX EXCHANGE 💲
May 29, 2019, 02:31:20 AM
#33
I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.

it might be impossible to do, if you pay close attention to the coinmarketcap, there are very few coins / tokens that have a price growth above 5-10% within a period of 1 day.
Especially if you only 1 Ethereum, i can said that was too small amount of money. After all, who will buy the price above 10% within 1 day, unless there is a big event on the coin
sr. member
Activity: 1330
Merit: 326
May 29, 2019, 12:20:09 AM
#32
You shouldn't rush things. Remember that crypto trading is not as easy quick money. If you have a background and knowledge in altcoin trading, there are lots of exchanges that you may choose and can start immediately. 10% profit can be achieved depending on your strategy. You can diversify your portfolio or buy different coins with your capital or you can just buy 1 ethereum and do a long term investments. It's up to you.
member
Activity: 785
Merit: 34
SOL.BIOKRIPT.COM
May 28, 2019, 06:37:25 PM
#31
I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.
I will advice you not to get idea on a coin to trade on, it should be base on your own research and strategies. Now regarding the Exchanger I always go for BINANCE because it has more liquidity and it's simple to use.
full member
Activity: 812
Merit: 102
May 28, 2019, 05:05:47 PM
#30
You can find various trading strategies on the Internet or on YouTube. You will try and decide which one suits you best. After all, you will not know which of the better until you see its profitability.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
May 28, 2019, 04:43:50 PM
#29
I really need advice, I am a crypto currency trader and I, feel the self-mistrust that is happening to me now.

so that self-confidence makes me pause in trading, and now I want to ask you for your opinion,
I have a capital of about 1 ethereum and I want a 10% profit every day from the trade that I do.
where is the right exchanger and what coins should I trade. please help and advice.

How long do you trade now? Didn't you get any lesson from your trading experience?

As a crypto trader as you mentioned, you should know that you can't expect a 10% profit every day.

Crypto is volatile so obviously, it won't reach your expectations.

Sorry but you need to continue your usual trading way until you learn what things should be done.
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