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Topic: Help in Trading - page 3. (Read 1305 times)

sr. member
Activity: 658
Merit: 250
enterapp.io PRE-SALE IS LIVE
December 23, 2019, 01:00:35 PM
#75
You already has good strategy but we also know red market still running and trading/ withdraw fee is not cheap. Only need to wait the right moment if you trade now your money will gonna. Be patient at lest until next year ( February - March ) to start new journey. Don't push too hard, slowly but sure take the important thing to raise your skill. If you run for profit than loss will you get.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
December 23, 2019, 11:01:50 AM
#74
Most of new people tends to overlook the calculation of conversion fees and other fee generated on every trade so most probably what will happen is unnecessary loss just because you have seen a green on the price.
I don't think the fees are much of a surprise to people because they know what exchange has the lowest fees and sign up there. I'm sure you have seen threads pop up here where people ask questions about the fees.

What I think makes people lose out is the difference between bid and ask. On illiquid exchanges the difference can be so large that even when you make 2% on a trade, you still make a loss while you wonder how you could have lost.

Let's think about that fees are just a consequence for us or a tip for the middle man in trading. Don't think of it in a bad way, because fees are made the same as the taxes. It is not that big enough for us to be recognized as loss also.

And also because illiquid exchanges are also volatile like bitcoin, it means is not certain so it is very hard to manipulate trades.
legendary
Activity: 1526
Merit: 1179
December 23, 2019, 10:48:04 AM
#73
Most of new people tends to overlook the calculation of conversion fees and other fee generated on every trade so most probably what will happen is unnecessary loss just because you have seen a green on the price.
I don't think the fees are much of a surprise to people because they know what exchange has the lowest fees and sign up there. I'm sure you have seen threads pop up here where people ask questions about the fees.

What I think makes people lose out is the difference between bid and ask. On illiquid exchanges the difference can be so large that even when you make 2% on a trade, you still make a loss while you wonder how you could have lost.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
December 23, 2019, 09:30:42 AM
#72
If you want to make sure that you are earning in trading or by buying and selling cryptocurrencies then you should set a specific target for profit taking and for your stop loss. You cannot just convert your bitcoin to fiat and vice versa when you just see a green or red in your portfolio. It is better to give it a time and always plan your trade before you even convert your money to cryptocurrency.
Most of new people tends to overlook the calculation of conversion fees and other fee generated on every trade so most probably what will happen is unnecessary loss just because you have seen a green on the price. What I always think of when trading is the timing, I always ask myself ' would I benefit if I sell on this point?' so I'll make an analysis to decide what to do next.
sr. member
Activity: 952
Merit: 251
December 23, 2019, 09:28:13 AM
#71
what would be good way and method to earn from BTC by moving back and forth to a stable coin?
For me the best way to make money from bitcoin in is trading and investing for long term because both of them are the ways to get good profit by applying easily as long As you want.  As if you will trade for long term it will give you so relaxation about work and your other activities too, and will help you to make good futures for yourself. In bitcoin actually holding matters because of volatile nature.
hero member
Activity: 2548
Merit: 605
December 23, 2019, 08:08:26 AM
#70
You can't make profits by doing this. Because BTC price goes up and down every day, if you do it this converting again and again, then your profits will be zero but the loss will have numbers. You have to be brave in trade, otherwise, you can't do well in trade.
What is converting here? Every trader who trades bitcoin against fiat, must need to buy or sell bitcoins and USD more frequently which has no differences from what you mean by "converting". If you do this randomly then definitely you will lose all your capital and if you do this carefully like selling higher than buying then you are doing the actual trading (assuming at your selling price that you are covering all your fees+some profits).

Loss and profit both are common here, sometimes you may lose, but that doesn't mean you end here, rather be strong and customize the trading strategy.
Yes, even decades long experienced traders too must be booking losses time to time. But, they must be booking more profits than losses which is the reason they are able to continue their trading. To do so, you must need a strategy.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
December 22, 2019, 12:45:56 PM
#69
You can't make profits by doing this. Because BTC price goes up and down every day, if you do it this converting again and again, then your profits will be zero but the loss will have numbers. You have to be brave in trade, otherwise, you can't do well in trade. Loss and profit both are common here, sometimes you may lose, but that doesn't mean you end here, rather be strong and customize the trading strategy.
full member
Activity: 798
Merit: 104
🎄 Allah is The Best Planner 🥀
December 22, 2019, 11:36:19 AM
#68
Everyday one thing new here you've got to find out one thing new here a day there's no means you'll get bored in an exceedingly very straightforward means, as critical obtaining associate degree education you ought to forever attempt to get the correct education, however solely then you'll come through success by commerce this can be positively an extended term arrange.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 22, 2019, 11:29:43 AM
#67
Before trading you must have sufficient knowledge of the trade Otherwise you may lose your money See various places before trading Research the analysis and also observe how a market is doing. Because there are both profit loss for the business so if you do not despair then try again from there.
hero member
Activity: 1022
Merit: 521
December 22, 2019, 11:27:00 AM
#66
I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?
The problem in you is that when you see green then you buy and it do not guarantee that it will further go green in that instant and when it turn red then you sell after price reaching to its down level so in this case no one will earn but will lose. Better way of trade is that you have to stay alert and have to buy before starting the green and have to sell before going to red. You secure only when you sell before going to red. For that you have to study all the charts and have to get alerts of any good and bad news. Other bets option is that you hold till a golden age of bitcoin market.
legendary
Activity: 1498
Merit: 1000
December 22, 2019, 11:22:26 AM
#65
I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?
Your strategy is correct when trading BTCUSDT but you need to know more. You know, finance is a very vast field and so does its knowledge. In order for you to earn money, you should have more knowledge about TA, it's very important. For example, you need to keep your profit level when you see the price of bitcoin just broke out of the strong resistance area, ... at the same time, you should also have basic knowledge of Dow and the psychology of the crowd. You need to learn more to increase your probability of winning, wish you success.

That's a good sign that you are earning, when you are analyzing and seeking advise from other people, because in reality, some people think that they are good enough and not asking for help from other people. Trading is not that easy as anyone thinks, it takes a lot of heartaches, stress, depression, fear, doubt, but once you overcome all of it then you will eventually become expert.
Anyone who can overcome all of these factors will become a giant in this market. To be honest, not too many people can do this, I have been in this market for many years and have more than 3 years of trading but I still have not overcome the psychology of trading. And you are right trading is not like we think, it is much harder when we enter the order
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
December 22, 2019, 11:13:05 AM
#64
I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?
Perhaps you pay more fee than the profit you gain from your trade. You could be also trading in a short period of time wherein the market movement doesn't volatile too much making you unprofitable for your each trade. If you want that to change, try to study more how does the trading works and look for trading pairs who suits to your skills and has a minimal risk at the same time.


Or maybe he's impatient about his profit that's why he gets excited and he want to secure the money he get and convert it suddenly into USD again and that's very wrong.

Always wait for your time when exchanges will become worth it. Proper management and patience is a key in trading that's why those professional enough can control their emotions.

They can handle any circumstances in trading no matter what. Either green or red, they know what to do and they're good in decision making because of the experiences they had.
hero member
Activity: 1190
Merit: 511
December 22, 2019, 07:22:58 AM
#63
I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?
Your strategy is correct when trading BTCUSDT but you need to know more. You know, finance is a very vast field and so does its knowledge. In order for you to earn money, you should have more knowledge about TA, it's very important. For example, you need to keep your profit level when you see the price of bitcoin just broke out of the strong resistance area, ... at the same time, you should also have basic knowledge of Dow and the psychology of the crowd. You need to learn more to increase your probability of winning, wish you success.

That's a good sign that you are earning, when you are analyzing and seeking advise from other people, because in reality, some people think that they are good enough and not asking for help from other people. Trading is not that easy as anyone thinks, it takes a lot of heartaches, stress, depression, fear, doubt, but once you overcome all of it then you will eventually become expert.
member
Activity: 512
Merit: 33
The Quest of the Best Information to the Solution
December 22, 2019, 06:24:18 AM
#62
what would be good way and method to earn from BTC by moving back and forth to a stable coin?
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
December 21, 2019, 11:10:06 PM
#61
I am trying to secure my gains by doing this. I have an exchange that I use. I convert from FIAT To BTC
I will exchange USD to BTC when I see Green and when it goes red i try to secure those gains by going back to USD

Still seems i am not earning. numbers keep going down. what am i doing wrong? suggestions please?
Your strategy is correct when trading BTCUSDT but you need to know more. You know, finance is a very vast field and so does its knowledge. In order for you to earn money, you should have more knowledge about TA, it's very important. For example, you need to keep your profit level when you see the price of bitcoin just broke out of the strong resistance area, ... at the same time, you should also have basic knowledge of Dow and the psychology of the crowd. You need to learn more to increase your probability of winning, wish you success.
sr. member
Activity: 1036
Merit: 281
December 21, 2019, 09:33:56 PM
#60
If you want to make sure that you are earning in trading or by buying and selling cryptocurrencies then you should set a specific target for profit taking and for your stop loss. You cannot just convert your bitcoin to fiat and vice versa when you just see a green or red in your portfolio. It is better to give it a time and always plan your trade before you even convert your money to cryptocurrency.
Planning your trade is the most important, you cannot just buy and sell without planning. My planning trade is consists of 5 steps. The first step is to identify what kind of the trend of the coin that I'm going to trade. The second step is to identify the support snd resistance. The third step is to when is the best time to entry and also exit in the trade. The 4th step is to know the potential rewards. The 5th step is to exercise our trading pyschological.
sr. member
Activity: 938
Merit: 256
December 21, 2019, 09:11:00 PM
#59
If you want to make sure that you are earning in trading or by buying and selling cryptocurrencies then you should set a specific target for profit taking and for your stop loss. You cannot just convert your bitcoin to fiat and vice versa when you just see a green or red in your portfolio. It is better to give it a time and always plan your trade before you even convert your money to cryptocurrency.

There is no way to get a sure earning on cryptocurrency trading, even if we already set the price that we want to sell and stop losses, if we failed every trade we will always stop loss and the end result is a loss. So, trading in cryptocurrency is nothing to be said a safe trading because cryptocurrency price is sometimes could surpriced us.
sr. member
Activity: 742
Merit: 397
December 21, 2019, 08:56:09 PM
#58
If you want to make sure that you are earning in trading or by buying and selling cryptocurrencies then you should set a specific target for profit taking and for your stop loss. You cannot just convert your bitcoin to fiat and vice versa when you just see a green or red in your portfolio. It is better to give it a time and always plan your trade before you even convert your money to cryptocurrency.
sr. member
Activity: 1330
Merit: 291
December 04, 2019, 11:24:35 AM
#57
If what you are doing is right then should have been in profit but currently you are in a steady lost of your capital. It will be better for you to learn what trading is all about before start putting your money at risk. You can learn the technical aspects of trading here babypipes.com and try to subscribe to some crypto currency related news site so that you will be aware of fundamentals issue.
sr. member
Activity: 938
Merit: 251
December 21, 2019, 08:31:36 PM
#57
Looks best ideas when you convert your asset become bitcoin and altcoin when price is green or higher but you sell or you convert your money in crypto become USD when coin have lower price, best choose because USD looks stable price and not will have lower price although bitcoin and altcoin have down, maybe for every one can adopted this way when trading with bitcoin and altcoin.
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