Topic: How do you trade? - page 7. (Read 1122 times)
I like to trade with long term holding strategy because i think long term investment gives you a great profit that will increase you profitability,
I try trade according principles of risk management and diversification. As a rule, I open a deal after confirmation in terms of technical analysis or the presence of any strong news background, regardless of where the price is. In this case, I always put a stop loss.
Before, I often based on announcements of coins but it does not work anymore. It must be that most pump and dump groups are dead so my trading style is now to buy coins that crashed so much and just wait for it to recover.
Yes obcourse buy low and sell high is the golden rule in trading and in the way you can earn a good profit but not only that you can also learn more about crypto. When you doing trading you need to learn to control your emotions too to avoid loses.
I wanna step in the trade game, but I'm not confident that I'm ready for that yet, We just need to be patient to know enough much to try it
Then in that case, I advise you to go for learning first. When someone enters in a trading environment, he is definitely confused. This confusion time period can lead you to devastated results where you can be under heavy loss because you don’t know what you have to do. So better is to learn the basics and the vital terminologies and technicalities of how and what you would play the game.Learning is key when it comes to trading and even as a trader, you will just have to keep learning as you cannot learn everything all at once, and as you keep doing that and practicing, there is no way such an individual will not get better.
I am not the most skilled trader ever, so I just panic buy if I see lower than I have bought, and the opposite to sell.
In fact, each one of us has different types how to trade. For me, I have to analyze first the market demand and supply to avoid the losses and the volume of the coin where I based that it has a good value. Because of the rapid growth in prices we can earn enormous profit .Before to initiate trading ,be sure that you're already skilled and mastered the things.
Buy low sell high that is the best way of trading,if you are not following that rule then you can't earn while trading.I am not a trader but I am holding bitcoins too.So when the price peaks up I will sell that because there are more chance of price fall after the rapid orice increase.Then I will buy more coins when the price dumps.I hope most of the people are doing in oppsite direction,many of them willing to buy when the price increase and will sell when the price falls.
Yes, it is the easiest way of trading to get the profit. nevertheless, you should also have some skills and intuition to find the pairs of coins to deal with on the exchanges. Picking the best exchange is also important.
How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
There are basically three ways to trade, the first one is to look at the charts and use the methods described in some books to try to predict what the market is going to do, the second is to look at the fundamentals of a coin investing it and wait for it to go up, and the final method is to trade the news, watch until something big happens and then predict how the market is going to react to the news. 
There are a lot of ways to trade, you should learn from those who go before or you can go to youtube to find out, many guides are clear. There are examples, so you will understand more easily through the words on this forum.
Trading is all about to learn and find a strategy that can work best for one. As much as some people may always find it hard even after reading and learning, some will be able to apply what they have learned, get dedicated to what they are doing and be able to do it well as time goes on. However, it is necessary to understand that there is no way you can ever do it without learning, and there is no way one can learn without dedication and the former category that I mentioned are those who always end up not dedicated. 
Purchase low offer high that is the most ideal method for trading,if you are not following that manage then you can't gain while trading.I am not a merchant but rather I am holding bitcoins too.So when the cost tops up I will offer that on the grounds that there are more shot of cost fall after the quick cost increase.Then I will purchase more coins when the cost dumps.I trust the vast majority of the general population are doing in inverse direction,many of them willing to purchase when the cost increment and will offer when the cost falls.
Even if you want to purchase low, it is very necessary to still know exactly when you are purchasing, so you do not end up making a wrong purchase.The mistake made by so many people is they believe buy low and sell high is all they need to make a trade, and funny enough, they do not know where to really buy or when to really be selling and that makes them to easily jeopardize their position in the market a lot. Learning is necessary as there are some analysis and indicators that will always be of help to make good decisions.
I am not the most skilled trader ever, so I just panic buy if I see lower than I have bought, and the opposite to sell.
In fact, each one of us has different types how to trade. For me, I have to analyze first the market demand and supply to avoid the losses and the volume of the coin where I based that it has a good value. Because of the rapid growth in prices we can earn enormous profit .Before to initiate trading ,be sure that you're already skilled and mastered the things.
I am not the most skilled trader ever, so I just panic buy if I see lower than I have bought, and the opposite to sell.
Im looking at any dip price and check their background before i buy if there is a posibility that coins have a potential to increase their value at any moment, buy and sell is always there when you get in trading but we must be careful because it is very risky.
For me i use patterns. alot of it. because the more the pattern i know and use the more i can earn and gain. but of course patterns in trading isn't that accurate than other indicators out there.
i do not trading based on trend. Before buying anycoin i always read its history and its development in the past. So, that is the good way to reduce the risks and help you earn more money
I trade just like people playing trading as usual just do the selling and buying normally, when the price is red then I will buy as much as I can and when the green price I will buy as much as I can. never to be affected with false news confident better.
Different styles but we do need to follow one rule, which is doing the buying and selling at the right timing. End the long run our main purpose is just to be profitable, so we have to think long term as well to ensure that we will find ways to improve and be successful.
I trade just like people playing trading as usual just do the selling and buying normally, when the price is red then I will buy as much as I can and when the green price I will buy as much as I can. never to be affected with false news confident better.
How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
Yes i still follow the old same way though the buying low and selling high , and i find it more profitable than other way but then again sometimes i'm regreting my decision and resulting to a big loss. And that is panicking so now i'm learning to control my emotion , be patience and be wise.
How do you trade? Do you still follow the buy low and sell high? Are you still looking on the charts to predict the future value of the coin? Or Do you just use your instinct and trade base on the volume? Some people are still panicking if their coins go dip and just sell it before they lose greater sum of money. People whose enemy is their own emotions. For me I am studying the charts of the coins which has a high potential to pump even though I'm not sure if it woll really pump. If not, I'm just holding it until it does. I am controlling my emotions and think calmly so that I can resuce the mistakes that I may done with my decisions. How about you?
It's easy to become a trading, especially if you have investment, it's hard to be trading when there is no investment. To become a trading you must first invest in trading in different cryptocurrency, before trading is required to register at their site first.
Purchase low offer high that is the most ideal method for trading,if you are not following that manage then you can't gain while trading.I am not a merchant but rather I am holding bitcoins too.So when the cost tops up I will offer that on the grounds that there are more shot of cost fall after the quick cost increase.Then I will purchase more coins when the cost dumps.I trust the vast majority of the general population are doing in inverse direction,many of them willing to purchase when the cost increment and will offer when the cost falls.
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