How do you manage your profits in trading? - page 3.

SquallLeonhart

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Quote from: whyrqa-1 on August 10, 2019, 11:53:03 AM

Today the news has information that is spread by the well-known “Venture Investor Tim Draper” that by 2023, Bitcoin should reach $ 225,000. If such forecasts are correct, it is better to wait 3 years, leaving Bitcoin for long-term storage and get real profit 25 times more. Therefore, it is better to refrain from trading if you do not have experience.

Among all the coin in the market, I believe that bitcoin is one that should still be held for a long term investment project and it could develop to meet up with the prediction of TIM and it may not, but I am so optimistic that henceforth, thee price bitcoin will be start each year with now, will always be greater than the previous year. Bitcoin is gradually closing up on its supply.

I can see that it has been recorded that bitcoin already has supply of about 17 million used out of the total 21 million, so as we keep getting demand for bitcoin, supply will gradually be becoming lesser and lesser and before you know it, the cost of buying 1 bitcoin will be much more higher than people can even afford again, so I would say we have to even be patient beyond that 3 years.

romecheo

full member

Activity: 476

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Yes, you sell at a higher price, that was the basic knowledge you needed on trading, of course, after selling, you need to buy again at a lower price, it means, you need to wait until the price goes down, that's been the cycle of the market.

There are so much needed to learn about trading.

Image source:
https://www.tradingacademy.com/lessons/article/the-psychological-cycles-of-trading-and-investing/

omonuyak

sr. member

Activity: 882

Merit: 269

Quote from: cjie on September 22, 2018, 12:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

we have many forms of trade in the crypto market and it depends on the area you are good at! In hedge, you will need to buy back for your profits to increase but in other forms of trade, it might not be necessary especially in holding! If you keep the hedge on one trade there is no way your profits will keep increase rather it will continue depreciating.

master122

newbie

Activity: 178

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I think my profits will be used for buying other coin on low price. Sometimes I withdraw my profit to my bank account cause if there is still fund left in my account on exchanger sometimes I buy other coin carelessly that make me lost.

Polar91

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Quote from: noormcs5 on August 11, 2019, 11:29:44 AM

Quote from: ?? on ??

Quote from: BitcoinHunt3r on June 26, 2019, 12:02:28 AM

Quote from: marchigan on June 25, 2019, 10:29:35 PM

Quote from: semobo on June 25, 2019, 02:40:57 PM

Quote from: cjie on September 22, 2018, 12:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

right now trading make some easy things for investors also because development is happening with had use chances property available to do different things in this time I did not buying and selling request because the value changed each and every time so that I can get good profits

take advantage of prices that are not stable up and down and make profits but there always has risk

Some people use that risked thing to make profit like what you said. It is depends on what strategy that they use. But actually market with price that up and down very fast because a lot of volume is good to make profit.

In the crypto market, it is impossible for us to predict in a short period of time because of sudden drops and sudden increase in prices. So we have always needed to have some strategic plan in order to overcome the loos situation in the market.

If you are experienced trader, you will know how to trade in bear market. There are people who are day traders and still earning good income daily from trading. If you think it is impossible to rightly predict the coins in short term, then you need to learn trading again.

Although a bear market makes experienced struggle also, most of them are capable to avoid loss through averaging method or just hold USDT for good. Averaging mehod is somehow riskier than the method we are using in sideways market since there's a big chance that you couldn't be able to exit your position in a short period of time.

noormcs5

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Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Quote from: BitcoinHunt3r on June 26, 2019, 12:02:28 AM

Quote from: marchigan on June 25, 2019, 10:29:35 PM

Quote from: semobo on June 25, 2019, 02:40:57 PM

Quote from: cjie on September 22, 2018, 12:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

right now trading make some easy things for investors also because development is happening with had use chances property available to do different things in this time I did not buying and selling request because the value changed each and every time so that I can get good profits

take advantage of prices that are not stable up and down and make profits but there always has risk

Some people use that risked thing to make profit like what you said. It is depends on what strategy that they use. But actually market with price that up and down very fast because a lot of volume is good to make profit.

In the crypto market, it is impossible for us to predict in a short period of time because of sudden drops and sudden increase in prices. So we have always needed to have some strategic plan in order to overcome the loos situation in the market.

If you are experienced trader, you will know how to trade in bear market. There are people who are day traders and still earning good income daily from trading. If you think it is impossible to rightly predict the coins in short term, then you need to learn trading again.

bastian466

sr. member

Activity: 1372

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Quote from: Mahanton on August 10, 2019, 03:02:09 PM

Quote from: bastian466 on August 10, 2019, 12:49:30 PM

Quote from: whyrqa-1 on August 10, 2019, 11:53:03 AM

Today the news has information that is spread by the well-known “Venture Investor Tim Draper” that by 2023, Bitcoin should reach $ 225,000. If such forecasts are correct, it is better to wait 3 years, leaving Bitcoin for long-term storage and get real profit 25 times more. Therefore, it is better to refrain from trading if you do not have experience.

If look at the price of bitcoin now for me is high enough if I buy it, it's better to choose altcoin to buy because the price is still very low if it will be held for the next three years

It depends because not all people do have same mindset of yours and also come to think that bitcoins price bottom can be determined so easily so it means we wouldn't know if the current price is a bargain or already a peak but somehow these movements can be utilize and for you to make some profits if doing shorting.

True it's just my opinion the choice is in the hands of each other don't depend on the opinions of others do your own research, i don't want to be blamed if a loss occurs

pragna

full member

Activity: 1582

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Quote from: cjie on September 22, 2018, 12:07:03 AM

I know it's advisable to buy low and sell your coin at a higher price. What I don't understand is that when you sell high, do you suppose to buy so that your profit will not depreciate when the price is going low? I need an expert to clarify me, Thanks.

If you want to make good profit you must have to see that coins ICO price so that you can easily guess low and high rate. You also have to see last 2 weeks trading graph before you buying or selling a coin and from that you have to sell in average point market. On the other hand if teams road map is good for that coin you have to wait for road map and you may gain you profit at end of time.

Mahanton

hero member

Activity: 2730

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Quote from: bastian466 on August 10, 2019, 12:49:30 PM

Quote from: whyrqa-1 on August 10, 2019, 11:53:03 AM

Today the news has information that is spread by the well-known “Venture Investor Tim Draper” that by 2023, Bitcoin should reach $ 225,000. If such forecasts are correct, it is better to wait 3 years, leaving Bitcoin for long-term storage and get real profit 25 times more. Therefore, it is better to refrain from trading if you do not have experience.

If look at the price of bitcoin now for me is high enough if I buy it, it's better to choose altcoin to buy because the price is still very low if it will be held for the next three years

It depends because not all people do have same mindset of yours and also come to think that bitcoins price bottom can be determined so easily so it means we wouldn't know if the current price is a bargain or already a peak but somehow these movements can be utilize and for you to make some profits if doing shorting.

Irvinn

full member

Activity: 966

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Indeed, it is altcoin today that looks attractive enough for investments against other cryptocurrencies. If we take into account the market development trends even at the beginning of 2019, then Bitcoin has almost quadrupled in price, and altcoin is still at the lowest rates. But the main problem is to choose a really promising altcoin, which can give 10 x without problems. After all, there has been a lot of information lately that more than 60% of altcoin are unable to show real results in the future.

bastian466

sr. member

Activity: 1372

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PredX - AI-Powered Prediction Market

Quote from: whyrqa-1 on August 10, 2019, 11:53:03 AM

Today the news has information that is spread by the well-known “Venture Investor Tim Draper” that by 2023, Bitcoin should reach $ 225,000. If such forecasts are correct, it is better to wait 3 years, leaving Bitcoin for long-term storage and get real profit 25 times more. Therefore, it is better to refrain from trading if you do not have experience.

If look at the price of bitcoin now for me is high enough if I buy it, it's better to choose altcoin to buy because the price is still very low if it will be held for the next three years

whyrqa-1

member

Activity: 350

Merit: 10

Today the news has information that is spread by the well-known “Venture Investor Tim Draper” that by 2023, Bitcoin should reach $ 225,000. If such forecasts are correct, it is better to wait 3 years, leaving Bitcoin for long-term storage and get real profit 25 times more. Therefore, it is better to refrain from trading if you do not have experience.

barbara44

hero member

Activity: 2534

Merit: 605

I think the we are clearly moving too hectic and too volatile just like bitcoin in our trading which causes us to do panic moves and that causes the profits to be gone in a minute. If we could just be patient and slow down our trading and make trades a lot more calmly and with logic than we could make a decent amount of money from trading considering crypto is something everyone can profit with the way it moves.

You may end up losing money at crypto trading only if you sell, you may wait years to make a profit but considering you can make even 50% profit with this that means years of waiting should not be a problem, if bitcoin hits 30k in 2021 first of January that means it made 50% profit in 3 years and there are very rare stuff that can give you that type of return.

Janation

hero member

Activity: 1722

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Quote from: ?? on ??

In the crypto market, it is impossible for us to predict in a short period of time because of sudden drops and sudden increase in prices. So we have always needed to have some strategic plan in order to overcome the loos situation in the market.

You can but there are a lot of things you should consider.

We all know that Bitcoin is a pretty volatile cryptocurrency, with a lot of investors affecting the movement of price in the market, obviously it is hard to predict in that pace. Better hold and analyze the market, predicting what might happen depending on what is happening the recent days, information given and look at the price chart, most of the time.

quins

newbie

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In my trading, one thing they do is analyze the coin to be come a profitable.

RondoAnyar

full member

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$CYBERCASH METAVERSE

in trading it may be necessary to manage profits and it can be used as an effective way to make maximum trading results. I think now I might prefer to use 20% of the trading results for my own needs. and 80% I use to re-trade in order to be greater in generating profits

Aaronpp

newbie

Activity: 16

Merit: 0

You just have to make sure that the amount you’re selling for is much higher than the amount you bought it for, preferably double or more because after a while and you want to trade with the same currency again it is likely that its price has changed and the investment you can make will be minimal, Even if you don’t buy more the profits won’t have been worth the effort you’ve made to sell them.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

If you already gained profit but you see the price keeps going up, Sell a portion of your coin to secure your profit, and the remaining will still generate profits for you. However, its better if you set a target and stick you to it. Sell when you reached your target. The problem starts when suddenly the price of the coin you have starts to go down and you are trapped holing a coin that you bought at high price.

BayAngelo

member

Activity: 882

Merit: 17

A pattern i learnt for a friend on trading and i think it is very simple might be helpful if you can use it. Buy when the price is very low. and sell when the price goes up. when selling, sell only 30 or 40% of your holdings and wait for another round of bear to buy more. remember, the leftover and also plan to sell another percentage when the market increase more. this has been my pattern.

katerina5643

newbie

Activity: 56

Merit: 0

Usually all the profits i reached in trading i put into new investments & trades and make some savings.
To make a good profit you should choose proper coins. As i read in article provided by Monfex :"The top 5 most actively traded and liquid cryptos are Bitcoin, Ripple, Ethereum, Bitcoin Cash, and Litecoin. These instruments are generally regarded as primary cryptocurrencies. The major advantages of these cryptos are moderate volatility and strong price trends."
What do you guys think about it?

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