Help in Trading - page 4. | Bitcointalksearch.org

wxa7115

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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 idea is not wrong, with a good strategy and patience you could begin to multiply the bitcoin that you are holding, but have you taken the time to test whatever you are doing with the past movements in the price of bitcoin and see if it is profitable? If you have not done so then do it now, stop trading, stop using your money and do that experiment.

What are your results? If the results are positive and you obtain profits in the long term then what you are seeing is nothing but a streak of bad luck which will eventually pass, but if the results are negative then you need to stop trading because it means that you have no way to make money if you keep doing what you have been doing so far.

Genemind

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You might be paying a higher amount of transaction fee than your profit. I have been doing the same thing but I make sure that I'm applying the basics so I won't spend too much on transaction fees. Try to do your own research about the basic way to do trading. Try to buy low and sell high one at a time. Set your target goal and sell it when you have reached it.

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

Firstly, I want to say there's no "perfect" defined time to buy either BTC or change back to $USD. Your problem is your timing. You're not entering into either BTC and $USD at the right times. Let me use this scenario :

You buy 1 BTC for 7300 USDT,
You then sell 1 BTC for 7400 USDT.

Your realized profit should be around $95 (this largely depends on the exchange you're trading).

That said, here are the possible reasons why you're probably not racking in those profits:

1. Your capital isn't huge. 10% profit on a $300 capital at $7330 is different from 10% profit on a $3000 capital. You see the difference?

2. Your exchange might be charging high fees

3. You may be entering and existing at wrong times. Working on your entry and exit timings.

john_nautica

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for me even though the market is in the red position it is not necessary to exchange it to the USD because this will make you decrease, because exchanging it to the USD also requires a fee. the best step is that you should try to stay at BTC because trading can happen at any time including price increases. because the increase in BTC will definitely occur even on a small scale but if it is sustainable it will be better and definitely provide profit

cutesgirl

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Quote from: tenakha on December 01, 2019, 07:20:03 PM

Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

You may not have done the transactions on time. Perhaps, the price has risen 5% today and you just invested at the end of this increase. You need to get BTC from the down and sell from high. Or the amount is very small and earnings are spent on trading fees. Anyway, gather more information about trading, you will perceive mistakes as your knowledge increases.

When bitcoin have touch support with lower price you have convert your USD to bitcoin and re sell after price up and have potential to higher, always take time with buying bitcoin with lower price although have negative information with bitcoin because can make price up later after several weeks and keep touch with higher price.

crisanto01

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Quote from: Kevondo on December 03, 2019, 10:47:48 AM

Quote from: cryptoangel on December 01, 2019, 09:19:39 AM

Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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 current market is hard to predict the further hype, so you want to secure your investment you must fix the 0.1 percentage below trade. Because once it will go down automatically it will move to the stable platform. USD is always supporting to your further trading so you must active and concentrate the crypto market, you never loose the money on crypto trading.

The market is not hard to predict at all. By keeping the halving event in mind, things will become a little bit clearer to traders or holders. For a beginner who does not hold a lot of knowledge about digital coin market, predicting the market movements can become a tough task at times and he is obliged to learn more but those who have been here for ears now, trusting bitcoin strength and understanding changes should not be much of a challenge.

So far now since the altcoins are having low demand because of the fact that there were a lot of scammers and the projects success rate is too low compare to Bitcoin so most of investors now switch to Bitcoin as this become more realistic compare to waiting for some altcoins which the project team has no care at all, make balance on all things and think twice.

Kevondo

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Quote from: cryptoangel on December 01, 2019, 09:19:39 AM

Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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 current market is hard to predict the further hype, so you want to secure your investment you must fix the 0.1 percentage below trade. Because once it will go down automatically it will move to the stable platform. USD is always supporting to your further trading so you must active and concentrate the crypto market, you never loose the money on crypto trading.

The market is not hard to predict at all. By keeping the halving event in mind, things will become a little bit clearer to traders or holders. For a beginner who does not hold a lot of knowledge about digital coin market, predicting the market movements can become a tough task at times and he is obliged to learn more but those who have been here for ears now, trusting bitcoin strength and understanding changes should not be much of a challenge.

crossabdd

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please make sure you do it. convert USD to BTC when Green? What do you mean when the green starts or when the green is already high? and you do the opposite. I think you are wrong if you convert when green is high. It should be BTC to USD when Green is high. make sure your total funds are higher than the initial purchase. so you can make a profit.

worldtraveller321

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agreed. more less its about the value i bought at in the starting process

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

When you're not making money, reconsider your strategy. Frankly, I have the same strategy as you but the way I trade is different from you. not only red and blue, I trade on the indicators I have learned in TA. It is quite effective and you should have a lot of knowledge about trading according to the indicators to improve the efficiency of trading. I am quite lucky that my first trading sessions brought me more than 42.5% of profit on total assets. You can do it just like me if you try your best.

worldtraveller321

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in other words i should look directly at the numbers vs just seeing positive and negative in market?

LouVandetta

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

Keep your eyes of how much the percentage of the pump did your "green" gained and the "red" as well.

Bitcoin itself is already expensive, if it's only a few percent of profit with a low funds, I don't think it will make any difference, but the profit should be there.

You might also doing some premature buy and sell. That might be one of the reason. Pay attention to the fees, too.
Who knows, maybe because of the expensive fees, you didn't see anything different from before and after your orders.

harizen

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

You can tell what's wrong based on your trading history.

Check it one by one and asked yourself if did you really execute your action at the right time.

We don't know when you start or on what price you played. Take note also of the trading fees.

tenakha

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

You may not have done the transactions on time. Perhaps, the price has risen 5% today and you just invested at the end of this increase. You need to get BTC from the down and sell from high. Or the amount is very small and earnings are spent on trading fees. Anyway, gather more information about trading, you will perceive mistakes as your knowledge increases.

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

Have you calculated the percentage of profit generated, and the final amount includes the calculation of fees for makers / takers.

and then, are you right in doing an open position, because this is also interconnected. calculations below 1% in bitcoin / usdt won't make much difference and can even be a loss. To strengthen the confidence of the analysis, you also need to understand the trends that are happening.

Best Dreams

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Quote from: Assface16678 on December 01, 2019, 10:57:57 AM

Quote from: johnwhitestar on November 30, 2019, 08:07:29 PM

I think trading Fiat/BTC is really hard, but the good new is that the long term BTC trend has been always very positive.
For those who believe in BTC it may make more sense a long term hodling than one day struggle.
If not I'd advise you to learn trading on smaller coins where you have often time to think the things over because the big whales are not there.

If you want a high-profit transaction better to try to trade, most of the time, this is the priority income of the people today. If you wish just to hold your money better to use the fiat because it is just a stable coin or money you don't need to worry if the price goes down. Still, if you want to be more profitable better to convert your cash into bitcoin, the amount of the bitcoin today is very volatile. With the price of seven thousand dollars, it is suitable for investment.

Quote from: Negotiation on November 30, 2019, 08:03:33 PM

Quote from: worldtraveller321 on November 30, 2019, 05:49:33 PM

that is what i been doing. ok then i need some advice on how to trade properly
please send to the links that give me an example

It is not possible short time you can try the learn 3-6 month randomly group, blog, youtube video and advice first time a open demo trade after real trade otherwise you lost money, you can want short time learn and profit high this so bad division.

If you are just beginner in trading, there are a lot of websites or software application that supports their users and give some knowledge about how to trade. Some of their features are to provide a starting dollar for trading to gain more users and promote the world of crypto trading.

Yes being a new trader you will get so many sites that will give you information about trading and will help you to learn and understand what actually trading is but don’t spend your money with new sites it's only good to invest in well-known sites and people should be your trustworthy people. Don’t be greedy to get rich faster but take the right path and keep patience.

Assface16678

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Quote from: johnwhitestar on November 30, 2019, 08:07:29 PM

I think trading Fiat/BTC is really hard, but the good new is that the long term BTC trend has been always very positive.
For those who believe in BTC it may make more sense a long term hodling than one day struggle.
If not I'd advise you to learn trading on smaller coins where you have often time to think the things over because the big whales are not there.

If you want a high-profit transaction better to try to trade, most of the time, this is the priority income of the people today. If you wish just to hold your money better to use the fiat because it is just a stable coin or money you don't need to worry if the price goes down. Still, if you want to be more profitable better to convert your cash into bitcoin, the amount of the bitcoin today is very volatile. With the price of seven thousand dollars, it is suitable for investment.

Quote from: Negotiation on November 30, 2019, 08:03:33 PM

Quote from: worldtraveller321 on November 30, 2019, 05:49:33 PM

that is what i been doing. ok then i need some advice on how to trade properly
please send to the links that give me an example

It is not possible short time you can try the learn 3-6 month randomly group, blog, youtube video and advice first time a open demo trade after real trade otherwise you lost money, you can want short time learn and profit high this so bad division.

If you are just beginner in trading, there are a lot of websites or software application that supports their users and give some knowledge about how to trade. Some of their features are to provide a starting dollar for trading to gain more users and promote the world of crypto trading.

pundit

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Currently BTC is going through a sideways trend so it may be buying at high and selling at low as you said buying at green and selling at red. In trending market same strategy may give you good profit. Try to identify the support and resistance zone in sideways market and prefer to buy at support and sell at resistance, you will see gain in your account slowly. Sideways market are completely different to trade as compared to trending market. Try to get knowledge about trading different trends.

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

Be careful in choosing exchanges, did you try this to other exchanges and still not able to earn? Or it's just you're doing it those times that btc drops too much. While the strategy seems fine sometimes the market volatility is really uncontrollable as well exchanges fee or transaction fees in convertion. Try learning to use other alt like LTC or XRP which sometimes lower in transaction than in BTC.

Cherylstar86

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Quote from: worldtraveller321 on November 29, 2019, 09:04:59 PM

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?

If you want to have a profit you may experience first losses but if that could be a huge amount of losses probably the big problem is your own technique as you didn't even learn your mistakes. Having a risk is always be part here in crypto currency community, as you aiming a good amount of profit. On my opinion, on your own way I think you are too emotional regarding the fluctuations of the bitcoin in which may lead the losses you have. Much better takes some notes and study the possible way and reasons of your losses to avoid or minimize it next time you will do it.

Topic: Help in Trading - page 4. (Read 1266 times)