Well, I dont see any successful traders in crypto. They dont have consistently gained profit or let say in other terms they dont have losses even they are in trading for how many years. I perhaps consider as good luck in trading, because for me, --trading is a sort of gambling that involved risk and anytime somehow you perhaps lose or if you are in good luck you may be gain profit.
I rather prefer to say you are prepared very well in trading and full of knowledge, your best weapon in trading. To have better chances of earning and have an advantage among other traders, because trading is also a sort of competition, indeed.
Topic: HOW TO BECOME SUCCESSFUL AT CRYPTO TRADING (Read 603 times)
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
This is the 80/20 rule. Successful traders in financial markets count on their fingers. According to a survey in the US financial market, more than 90% of traders failed transactions and lost more than $ 15k in the first 3 years. Therefore, it is not easy to become a pro trader. We have to accept the loss of money and time to later be able to make a lot of money here. Of course, from now on we have to learn a lot and start trading with our small account to recognize our basic mistakes. Give the amount you accept to lose and it will not affect your life. That is my sincere advice. Let me tell you about what happened to me recently and what I have learned in the hard way. I have been doing stock market investment for over 10 years now and on average I managed to make 20% return per year, which is not bad at all however I deal with small numbers so it wasn't really big deal to me (think of less than 1 thousand dollars).
However in the last 2 years I have managed to drop that to 18% first and now its all the way down to 10%, and I didn't just drop to 10% profit, I mean on average for past 10 years, which means I lost a ton of money this year, moving a ton of stocks away whenever I can. I have learned something after 10 years of investment lucratively.
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
This is the 80/20 rule. Successful traders in financial markets count on their fingers. According to a survey in the US financial market, more than 90% of traders failed transactions and lost more than $ 15k in the first 3 years. Therefore, it is not easy to become a pro trader. We have to accept the loss of money and time to later be able to make a lot of money here. Of course, from now on we have to learn a lot and start trading with our small account to recognize our basic mistakes. Give the amount you accept to lose and it will not affect your life. That is my sincere advice. 
Some of the people think that trading with the use of the cryptocurrency is the easiest thing we could do to make more money easily but this is wrong because even not in cryptocurrency still trading is one of the riskiest things we could do it requires a lot of knowledge, skills, and experience. Some of the bullionaire takes a lot of failure on their trading so it does need to have a lot of time allotment to perfect and make good trades.
If you feel you can do and win your games on trading why not make a full tome on it but not all the time the market there is a huge change and makes a good market volatile still sometimes it becomes a stable for a couple of weeks or months and that was a huge loss to your daily or monthly quota to work on it.
Failure is the greatest success learn from the failures of other people and to your self by that there is a chance that you will become a successful person not only in terms of trading.
One of the opportunities to make money in cryptocurrency is by utilizing volatile crypto prices, in pandemic situations such as now,
many people lose their jobs and trading crypto is the solution. With crypto trading at least you can make money to meet daily needs.
To be a successful crypto trading requires expertise in reading market movements as well must be able to control emotions, if both of these can be fulfilled then you can become a successful crypto trader.
many people lose their jobs and trading crypto is the solution. With crypto trading at least you can make money to meet daily needs.
To be a successful crypto trading requires expertise in reading market movements as well must be able to control emotions, if both of these can be fulfilled then you can become a successful crypto trader.
If you feel you can do and win your games on trading why not make a full tome on it but not all the time the market there is a huge change and makes a good market volatile still sometimes it becomes a stable for a couple of weeks or months and that was a huge loss to your daily or monthly quota to work on it.
Nowadays successful person was comes in the failure. So we must try constantly in crypto trading it will guide the perfect trading strategy. We are analyse the Token and coin because few tokens are make more profit in crypto platform and So we are invest both coins and tokens investment is better successful for me. May be it was hard to survive in all the platform so better gain some knowledge in trading and success in Crypto Trading.
Failure is the greatest success learn from the failures of other people and to your self by that there is a chance that you will become a successful person not only in terms of trading.
I think some traders were just lucky, but most of them had to study a lot about their possible investments, be pacient, forget greed exists and embrace the math, it seems easy and during a bull run everyone makes money, but I believe that to be consistently getting an income rom trading you need to work a lot ...
Sometimes, the luck factor comes to us at the right time, and we don't have to analyze deeper, and we can make a big profit. But the luck will not always come to us, and we still need to analyze to find the time to trade. I also believe that if we can learn more and more about trading, we can be a professional trader in the future, and we can also have a chance to improve our skills to be better than before. But remember, we need time to be that professional trader, and we don't have to give up. 
Nowadays successful person was comes in the failure. So we must try constantly in crypto trading it will guide the perfect trading strategy. We are analyse the Token and coin because few tokens are make more profit in crypto platform and So we are invest both coins and tokens investment is better successful for me. May be it was hard to survive in all the platform so better gain some knowledge in trading and success in Crypto Trading.
One of the opportunities to make money in cryptocurrency is by utilizing volatile crypto prices, in pandemic situations such as now,
many people lose their jobs and trading crypto is the solution. With crypto trading at least you can make money to meet daily needs.
To be a successful crypto trading requires expertise in reading market movements as well must be able to control emotions, if both of
these can be fulfilled then you can become a successful crypto trader.
many people lose their jobs and trading crypto is the solution. With crypto trading at least you can make money to meet daily needs.
To be a successful crypto trading requires expertise in reading market movements as well must be able to control emotions, if both of
these can be fulfilled then you can become a successful crypto trader.
being successful in cryptocurrency trading is not easy...
the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.
The answer in my opinion is fairly subjective because people have different experiences and in a sense their decisions and how they succeed differs too. For all aspiring traders including me, patience is the biggest thing and always learn new things, success is not a race and we all have our moments and breakthrough, just do what you do efficiently and reward will come in time. the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.
being successful in cryptocurrency trading is not easy...
the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.
yes, it is not easy. in fact, there are still many people who are old and accustomed to trading, but it is still quite difficult to make a profit. Well, maybe consistent learning continuously and never gives up will make you look professional in trading. however, there is no guarantee that you will succeed from trading. the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.
being successful in cryptocurrency trading is not easy...
the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.
the question of how to succeed in cryptocurrency trading is an eternal question, there will always be those who ask this. people who are successful in trading are those who struggle hard and have a lot of experience, especially bad experiences when trading. keep learning and keep trading is the best way to gain experience so you can continue to level up.
I think some traders were just lucky, but most of them had to study a lot about their possible investments, be pacient, forget greed exists and embrace the math, it seems easy and during a bull run everyone makes money, but I believe that to be consistently getting an income rom trading you need to work a lot ...
The best way to actually make money from crypto trading is to find a way to make an income that you will put towards bitcoin at all times. The best method to make money is to put money every month (or every week if you can).
I know a guy who has been putting 100 dollars into bitcoin since 2014 crash period. He bought some bitcoin in bulk back before the crash in 2014 and it was around 1400 and dropped to 250 dollars and we talked about how much money he lost (around 3k) and he was not really hurt by it. I asked him why he felt okay about all of this and he said he trusts bitcoin to recover eventually, even if it takes years and it actually did take years but that dude put up 100 dollars per month and now made so much profit yet he still continues like nothing changed, he didn't even sell during 2017 peak and still continued to put money into bitcoin.
I know a guy who has been putting 100 dollars into bitcoin since 2014 crash period. He bought some bitcoin in bulk back before the crash in 2014 and it was around 1400 and dropped to 250 dollars and we talked about how much money he lost (around 3k) and he was not really hurt by it. I asked him why he felt okay about all of this and he said he trusts bitcoin to recover eventually, even if it takes years and it actually did take years but that dude put up 100 dollars per month and now made so much profit yet he still continues like nothing changed, he didn't even sell during 2017 peak and still continued to put money into bitcoin.
Pretty sure that he do really have that regret deep inside on not to sell out that peak.We might see those numbers again in definite time but since he do aim
for long term then that wouldnt matter or affect that much but we cant deny that regrets on best time to sell is there.
Being successful cant really be rushed and would really takes time and this is why its important that we should mind on how to be profitable because that would
significantly shows that you are doing pretty well.
The main goal in trading is to become successful amidst the risk. The most reasons why some traders never succeed and quit from trading are because they are afraid of failure, negative mindset, and lack of knowledge. If we are about to acquire that knowledge and skills, turn our negative minds into a positive one, and getting strong to face the risk will it drive for successful trading experience? The big challenge for us now is how to perfectly manage our emotions and go straight to what we plan and aim for.
Trading won't be suitable for everyone, especially the one who invest their part of their salary amd wanted to multiply that is why they can't be successful, they are afraid of losing but if they save small amount every month and allocate separate capital for cryoto trading itself will change the things a lot.
The best way to actually make money from crypto trading is to find a way to make an income that you will put towards bitcoin at all times. The best method to make money is to put money every month (or every week if you can).
I know a guy who has been putting 100 dollars into bitcoin since 2014 crash period. He bought some bitcoin in bulk back before the crash in 2014 and it was around 1400 and dropped to 250 dollars and we talked about how much money he lost (around 3k) and he was not really hurt by it. I asked him why he felt okay about all of this and he said he trusts bitcoin to recover eventually, even if it takes years and it actually did take years but that dude put up 100 dollars per month and now made so much profit yet he still continues like nothing changed, he didn't even sell during 2017 peak and still continued to put money into bitcoin.
I know a guy who has been putting 100 dollars into bitcoin since 2014 crash period. He bought some bitcoin in bulk back before the crash in 2014 and it was around 1400 and dropped to 250 dollars and we talked about how much money he lost (around 3k) and he was not really hurt by it. I asked him why he felt okay about all of this and he said he trusts bitcoin to recover eventually, even if it takes years and it actually did take years but that dude put up 100 dollars per month and now made so much profit yet he still continues like nothing changed, he didn't even sell during 2017 peak and still continued to put money into bitcoin.
The main goal in trading is to become successful amidst the risk. The most reasons why some traders never succeed and quit from trading are because they are afraid of failure, negative mindset, and lack of knowledge. If we are about to acquire that knowledge and skills, turn our negative minds into a positive one, and getting strong to face the risk will it drive for successful trading experience? The big challenge for us now is how to perfectly manage our emotions and go straight to what we plan and aim for.
Yes. Crypto trading maybe considered a very risky activity but it has full of challenges where you can make lot of opportunities to make money if you know how to deal its risks. Trading can be learned eventually if you just keep on trading and even if you often committ losses which is inevitable, never leave trading because you won't make huge profits by creating shortcuts.
The main goal in trading is to become successful amidst the risk. The most reasons why some traders never succeed and quit from trading are because they are afraid of failure, negative mindset, and lack of knowledge. If we are about to acquire that knowledge and skills, turn our negative minds into a positive one, and getting strong to face the risk will it drive for successful trading experience? The big challenge for us now is how to perfectly manage our emotions and go straight to what we plan and aim for.
~snip~
i took a rest and decided to try again . im lucky because on my next try things seems good to me know . we can be succesful in everything not only on trading if we will know how to stay persistent in the game .
Experience as I always say will always be the very fundamental of successful trading, and of course to gain a lot of experience you need to be persistent and passionate about everything you do. Thus, learning from the past mistakes will make things right. Losses are inevitable, and you must be willing to trade/invest what you can afford to lose.
This is a very basic and generic advice, yet It's actually a hard thing to follow, but anyway I'm glad you have overcome the disappointments about your losses before.
I was once poor in trading. I experienced zero percent income and 60% losses in my portfolio. I hold coins before because of a FOMO. I did not use stop loss technique and I thought that trading is really simple in math.
But all of that was eliminated when I tried to study the market, search for trading tutorials, plan my execution and determine my risk management skills. Although, I can say that I am not a pro trader till today because I have still guts in buying coin and I am a small trader until now. I can say that trading never fails us but we fail it when we start to despair from our trading activities. Don`t lose hope and continue what you are started.
We all have a bad experience in trading, but we don't have to give up because behind the loss, there is some lesson that will be useful for us.But all of that was eliminated when I tried to study the market, search for trading tutorials, plan my execution and determine my risk management skills. Although, I can say that I am not a pro trader till today because I have still guts in buying coin and I am a small trader until now. I can say that trading never fails us but we fail it when we start to despair from our trading activities. Don`t lose hope and continue what you are started.
If we know what the mistake is, we can try to research how to prevent that mistake, so we don't have to make the same mistake in the future.
If we don't know the mistake that we made, we need to take a look and take a rest for a while, so we can think about what we should do to prevent the other mistake.
That will need time before we can improve our trading skills, but that will be worth trying to learn from our mistakes because that can help us to grow in the future.
In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
On the contrary, there are traders who also able to recover after being down for the last couple of years as you mentioned.
You will just lose if you give up. Dealing and playing with the volatility is the challenge here. Don't focus on how much you lose but think of a way how to maintain winning stats. Learn to make strategy at any given trend. There is no perfect trade as even professionals still lose today.
If you think you can't handle your losses then better refrain doing trades.
But all of that was eliminated when I tried to study the market, search for trading tutorials, plan my execution and determine my risk management skills. Although, I can say that I am not a pro trader till today because I have still guts in buying coin and I am a small trader until now. I can say that trading never fails us but we fail it when we start to despair from our trading activities. Don`t lose hope and continue what you are started.
nice to know that you have learned from your mistake already and i assume that you already recover some of your past losses . i was about to give up to before not on trading but in crypto in general because i find it hard to learn and i did fail because of some mistakes ,
i took a rest and decided to try again . im lucky because on my next try things seems good to me know . we can be succesful in everything not only on trading if we will know how to stay persistent in the game .
In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
On the contrary, there are traders who also able to recover after being down for the last couple of years as you mentioned.
You will just lose if you give up. Dealing and playing with the volatility is the challenge here. Don't focus on how much you lose but think of a way how to maintain winning stats. Learn to make strategy at any given trend. There is no perfect trade as even professionals still lose today.
If you think you can't handle your losses then better refrain doing trades.
But all of that was eliminated when I tried to study the market, search for trading tutorials, plan my execution and determine my risk management skills. Although, I can say that I am not a pro trader till today because I have still guts in buying coin and I am a small trader until now. I can say that trading never fails us but we fail it when we start to despair from our trading activities. Don`t lose hope and continue what you are started.
Sometimes a simple sign like "!" or "?" It helps as much as making a huge context, to try to ask or give an opinion.
The little details add up in commerce, intuition helps, in short, I have gone through all the posts in this thread looking for emmaglory5 and nothing, zero, but I decided to invest my time in your post, because I think that really what you were looking for help and no discussion, why? your faces at the end of the OP.
Actually the ROI factor in green is a measure to determine the value of your time in the trade and consequently to know if you are making profits, but profit and being receiving favorable returns does not mean to be successful in the trade. In fact the losses consequently do not indicate it in a certain way the opposite case, not being successful, consequent losses in the trade is an index to understand the market, if you see it that way and you do not suffer for those losses it is that you are successful, because your income and good performance allow you to bear the losses, do you understand the point of how to measure success in the trade?
Do not abandon the OP, the path to success begins with attending to the small details.
The little details add up in commerce, intuition helps, in short, I have gone through all the posts in this thread looking for emmaglory5 and nothing, zero, but I decided to invest my time in your post, because I think that really what you were looking for help and no discussion, why? your faces at the end of the OP.
Actually the ROI factor in green is a measure to determine the value of your time in the trade and consequently to know if you are making profits, but profit and being receiving favorable returns does not mean to be successful in the trade. In fact the losses consequently do not indicate it in a certain way the opposite case, not being successful, consequent losses in the trade is an index to understand the market, if you see it that way and you do not suffer for those losses it is that you are successful, because your income and good performance allow you to bear the losses, do you understand the point of how to measure success in the trade?
Do not abandon the OP, the path to success begins with attending to the small details.
Being successful is hard, especially with this market unless you really are full into it.
Hope you didn't mean "full time" trading as lots of part time traders as well enjoying their successful run with crypto trading.The level we are showing dedication should be at full and the eagerness to learn new things should be at full. Continuous learning this the simple trick to enjoy success in trading forever.
No, you already said it, DEDICATION.
Since time is a friend of investing, it is better if you are not fully in it since you could continue your career and not be fully enveloped by the activities in your trading. There are those disadvantages if your attention is fully in investing since with the volatile movements, you might have doubt on what to do and you might overthink most of the time.
Many people who are unable the predict the price are the ones who suffer huge losses.
Only time and experience can make a person successful at crypto trading.
Simply, how you make use of your time for gaining experiences to sharpen skills matters. With skills, anyone could predict the turning points of markets easily and accurately; which means no more suffering of losses but they can see their profits growing over the time. How to become a successful at cerypto trading must be having lots of perspective answers but the most generalized could be, DEDICATION.Only time and experience can make a person successful at crypto trading.
Being successful is hard, especially with this market unless you really are full into it.
Hope you didn't mean "full time" trading as lots of part time traders as well enjoying their successful run with crypto trading.The level we are showing dedication should be at full and the eagerness to learn new things should be at full. Continuous learning this the simple trick to enjoy success in trading forever.
It is the nature of cryptocurrency trading.
If you don't want a volatile market, then I guess you should think twice before riding this wave. This wave is really violent and made a lot of people losses in the past years that it is in the market. With the same wave, people earned a lot of profits and it started a lot of successful traders and comfortable living. Being successful is hard, especially with this market unless you really are full into it.
If you don't want a volatile market, then I guess you should think twice before riding this wave. This wave is really violent and made a lot of people losses in the past years that it is in the market. With the same wave, people earned a lot of profits and it started a lot of successful traders and comfortable living. Being successful is hard, especially with this market unless you really are full into it.
The volatile nature of crypto is the reason why we are earning here and to better understand it we need the knowledge and proper learning.
Because if you understand how crypto works its not hard to see the price swings of the market. You can bear seeing it even your assets are losing its value since you're aware that it can recover and its a temporary situation.
We all started as newbies but we can improve ourselves as time passes.
Because if you understand how crypto works its not hard to see the price swings of the market. You can bear seeing it even your assets are losing its value since you're aware that it can recover and its a temporary situation.
We all started as newbies but we can improve ourselves as time passes.
Crypto trading is harder than trading stocks because fundamental and technical analysis works good in stock market but the same doesn't work well with the crypto market. Hence it is difficult to predict how the market would reach in that time period.
This is the main reason why crypto market is at peak sometimes and the other times it's at the bottom.
Many people who are unable the predict the price are the ones who suffer huge losses.
Only time and experience can make a person successful at crypto trading.
This is the main reason why crypto market is at peak sometimes and the other times it's at the bottom.
Many people who are unable the predict the price are the ones who suffer huge losses.
Only time and experience can make a person successful at crypto trading.
It's true that crypto trading is a promising opportunity to make money, and also the price of volatile cryptocurrency can cause profit or loss.
Therefore we must be able to become successful traders, in order to become rich people. And being a successful trader is not an easy thing
we can achieve, there are several processes that we must go through. We must have knowledge and crypto trading experience is a prerequisite
for becoming a successful trader.
Therefore we must be able to become successful traders, in order to become rich people. And being a successful trader is not an easy thing
we can achieve, there are several processes that we must go through. We must have knowledge and crypto trading experience is a prerequisite
for becoming a successful trader.
Every market has a variety of activities and yes, maybe with high activity that ultimately makes the price of cryptocurrency can move up and down quickly and that way, if you want to be a successful trader then it is enough to make low buy and sell high but if you still Just fail, then try to correct every mistake you make repeatedly, but one thing that I think you should realize is about your own courage or mentality that ultimately you continue to experience failure in trading.
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
People who win profits are happy, and those who don’t are out there regretting why they ever decided to trade cryptocurrency. It’s just how it is. I do see a few of them complaining here on bitcointalk.org forum. Everyone is not going to win, the profit you make is another person’s loss. But that doesn’t mean that people will stop trading. No matter the level of risks involved, you will still see lots of people still trading. If you can’t trade, you can try other easy ways to earn from cryptocurrency, such as HODL or mining. The golden rule of a successful trader is "Buy the rumor and sell the news" whatever it's crypto or other tradings. So, any new or struggling traders can follow this to be a successful one. Also, we must use the stop-loss option to avoid the unwanted loss or unexpected price swings.
Unexpected swings are more present from this market, as the behavior being volatile really needs to write down, proper management of funds is very likely the first thing to learn.As everyone say not to follow others signals because others already buy their crypto and then make the signals. So, we need to make our own research and strategies.
Correct, signals are very common to bag holders they already have lots of stored coins while providing signals. Once followers start to buy in complete dumped will follow.
The golden rule of a successful trader is "Buy the rumor and sell the news" whatever it's crypto or other tradings. So, any new or struggling traders can follow this to be a successful one. Also, we must use the stop-loss option to avoid the unwanted loss or unexpected price swings. As everyone say not to follow others signals because others already buy their crypto and then make the signals. So, we need to make our own research and strategies.
Investment usually happens to help the invested as well, like for example ICO where you invest but the money you sent should be used to increase the price of that coin as well and that works for both of you, the price of coin increases so you get profit but they get money so they could work on it and increase that said price.
In bitcoin it is not like that anymore, it is more like investing into a commodity and not a business, it is digital and it is scarce and there is really a good amount of demand for it whereas there is limited supply of it every day so you can say what people have been saying, bitcoin is digital gold. So, when you are investing into gold do you expect to get rich over night? No. So, you should not do that with bitcoin neither and focus on profiting long term.
In bitcoin it is not like that anymore, it is more like investing into a commodity and not a business, it is digital and it is scarce and there is really a good amount of demand for it whereas there is limited supply of it every day so you can say what people have been saying, bitcoin is digital gold. So, when you are investing into gold do you expect to get rich over night? No. So, you should not do that with bitcoin neither and focus on profiting long term.
What exactly is your question?
Indeed, in fact, you have already answered it. Some cryptocurrencies are at the top of the pyramid, the rest are at its foot or in the pit of oblivion.
Those who made the right bets are now celebrating a victory, the rest are indignant about injustice.
Indeed, in fact, you have already answered it. Some cryptocurrencies are at the top of the pyramid, the rest are at its foot or in the pit of oblivion.
Those who made the right bets are now celebrating a victory, the rest are indignant about injustice.
I agree with you, there doesn't seem to be a question. In fact this seems like a statement intended to have others state what they think makes a successful trader.
Which some on here have already spread their wisdom such as FOMO, and most important of all do the right research as technical analysis and charts reading isn't all but you gotta watch the news, market sways, predict investors thinking as well as keep an open eye to the emerging projects. These factors and others determine whether you make a profit or a loss! And that's what trading is!
What you are talking about is a very complex forecasting methodology.
In other words, you need to understand not in technical analysis, but in business, in order to properly invest your money, but then this can no longer be called trading, but rather investment.
In trading, rather, the most important factor for making a profit will be an understanding of the technical analysis and the operation of various indicators with the help of which one can predict the market movement to a certain extent.
Cryptocurrency is very good platform for trading. Trading here is much easier but before that we need to have both knowledge and experience about cryptocurrency trading. To be successful in cryptocurrency trading need to try to analyze the trading strategies. You have to monitor different sites and if you trade by following the trading rules the amount of risk will be less and you can easily become a successful crypto trader.
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
So, what your question here? Are you just make a statement that crypto currency is promising place and also dangerous place to trade? I don't think there is no safe place or even comfortable to be a trader. Foreign exchange and stock exchange are also have a high risk as well. Did you see when covid19 come? Almost financial instrument have decreased and it happens until now. There is no comfortable place to trade in any place unless you make by yourself. I mean, become a trader you should know its rule and your own strategy and I guess you'll be comfortable while you trade. I just new to trade especially trading crypto and I must have a bunch of experience in order to make my day trading getting lose. So, I just force myself to find a lot of experiences here so as I can make money in it exactly profit consistent in it.
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
You can be friends with the volatility so don't be scared of it. This market proves to us that you can be more profitable but of course the risk is too much for those who don't have enough skills or knowledge in trading. To become successful in trading you must not forget to invest yourself as well, because you have to be more knowledgeable enough to survive. Losing money is normal in trading, set aside your emotion and become a good trader in process.
These things could help you out from trading and lead to better results.
* control our emotions( desperation will lead us into nothing but just a losing ends)
*positive mindest( think about winning)
*contentment ( greediness will make you out from controlling your emotions)
*preparedness( keeping aware of the market flows and focus in your trade)
The consistency of these things will boost your trading into better and you can see the difference from you've done before.
* control our emotions( desperation will lead us into nothing but just a losing ends)
*positive mindest( think about winning)
*contentment ( greediness will make you out from controlling your emotions)
*preparedness( keeping aware of the market flows and focus in your trade)
The consistency of these things will boost your trading into better and you can see the difference from you've done before.
I not find some question here ?? But it is Ok, i understand what you mean.
So, we know market crypto now is really hard right now and some people is losing huge of money.
A little tips of trader by me, try to hold your coin for a week, because right now is really bad time to buy and sell.
My teacher trading said it to me, so i believe with him.
He is a pro trader and more than 10year trade Forex and crypto.
So, we know market crypto now is really hard right now and some people is losing huge of money.
A little tips of trader by me, try to hold your coin for a week, because right now is really bad time to buy and sell.
My teacher trading said it to me, so i believe with him.
He is a pro trader and more than 10year trade Forex and crypto.
Dont listen on others suggestion.
I think not all suggestions to ignore because some suggestions instead give you good things. Something you need to focus on who gives the suggestions is. Only listen to trusted people or valid sources that tell you suggestions. If you have been already a long time in trading, I am pretty sure that you must know which one is good to listen and which one is worthless. Always set limitation or profit goal.
The point isn't to limit the profit goal but make a specific & reasonable profit goal. Every trader should know how to determine the right profit goal. Something to consider in making the profit goal is about the possibility and be specific. So, you can plan proper methods or strategies based on the goal. 
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
Dont let yourself caught in FOMO.
Dont be greedy.
Dont listen on others suggestion.
Always set limitation or profit goal.
and the last..
Keep Learning.....
Good points, if you sort it out you'll be able to achieved success from this industry, there are people who losses investment due to wrong perceptions about crypto, it's not an easy access to richness but a good place to take your chances.
The more engaged you are the higher chance to learn more about this industry, keep enhancing your skills and allow yourself to adjust from time to time.
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
Dont let yourself caught in FOMO.
Dont be greedy.
Dont listen on others suggestion.
Always set limitation or profit goal.
and the last..
Keep Learning.....
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
As I mentioned earlier in such similar content, you must first research and then gain experience to become a successful trader. By researching, you can have information and ideas about the subject you are talking about, and you can turn your knowledge and ideas into experience by making trials. If you really want to be successful and achieve a highly successful result, there is only one thing you need to do is to research and turn your research into experience as I mentioned. I want to leave a note like this, if you try to trade with other people's advice or actions, and then you are very likely to fail.
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
Crypto market is no different with stocks and forex ones when it comes to unpredictability aspect towards price movement.The difference is that volatility level is way more higher into this place compared to
traditional markets that we've known.
Losses are inevitable thing no matter what market you are involved into since this do composed of sellers and buyers then you can really expect that there are ones who do make profits and ones who do have
huge losses just like that.
Become successful would really takes a long period of time and wont really able to achieve on point.
You have to first study the world of trading and learn what people have learned, all the technical analysis, all the indicators all the resistance and support and what they mean and so forth. There is tons of things to study, if you study them it will not be enough but you are covering about 70% of all the trades, that is the most important part.
After that you need to follow the news religiously, every single thing about all the top 50 coins needs to be on your radar, anything major changes and suddenly you are out of the loop and will lose money. That is why always keep your nose in the news. Lastly but most importantly you have to practice, either with fake money or real money or however you want but without practice you can't really get better and better so you need to practice and learn from your mistakes.
After that you need to follow the news religiously, every single thing about all the top 50 coins needs to be on your radar, anything major changes and suddenly you are out of the loop and will lose money. That is why always keep your nose in the news. Lastly but most importantly you have to practice, either with fake money or real money or however you want but without practice you can't really get better and better so you need to practice and learn from your mistakes.
What exactly is your question?
Indeed, in fact, you have already answered it. Some cryptocurrencies are at the top of the pyramid, the rest are at its foot or in the pit of oblivion.
Those who made the right bets are now celebrating a victory, the rest are indignant about injustice.
Indeed, in fact, you have already answered it. Some cryptocurrencies are at the top of the pyramid, the rest are at its foot or in the pit of oblivion.
Those who made the right bets are now celebrating a victory, the rest are indignant about injustice.
I agree with you, there doesn't seem to be a question. In fact this seems like a statement intended to have others state what they think makes a successful trader.
Which some on here have already spread their wisdom such as FOMO, and most important of all do the right research as technical analysis and charts reading isn't all but you gotta watch the news, market sways, predict investors thinking as well as keep an open eye to the emerging projects. These factors and others determine whether you make a profit or a loss! And that's what trading is!
You should, ..
- ..not be greedy
- ..invest what you can afford
- ..do your own research
- ..stick to bitcoin as your top of priority
- ..avoid FOMO
- ..don't rely others idea specially signal group
Not greedy
Being fundamental about mental control so as not to always want to get greater profits every time trading. When you are greedy, there is no fixed target to be achieved.
Do your own research.
Technical analysis and fundamental need to do their own analysis aimed at knowing price predictions that will occur later. Need to keep trying.
Avoid FOMO
Sometimes it's hard to avoid some FOMO coins. because of greed that can't be controlled yet. FOMO can multiply profits quickly but can cause losses quickly too if it is not in and out in a timely manner.
Don't Rely on Specially Signal Groups
I also agree with you not to rely on groups that present bitcoin and altcoin signals. Because groups like this have a hidden purpose to benefit the group's own owners. Make a purchase first at a cheaper price later ask someone else to buy the same coin at a higher price than the purchase.
In this game there are losers and winners.
Absolutely and those losers will through back their bad experience for some traders will think negatively. However, there are various things to consider before you will become successful in trading. Let's start to your self and then the tools that might you will be used to become successful.
You should, ..
- ..not be greedy
- ..invest what you can afford
- ..do your own research
- ..stick to bitcoin as your top of priority
- ..avoid FOMO
- ..don't rely others idea specially signal group
That's what actually attracts cryptocurrency trading to a lot of people: the huge volatility. Huge price swings, means a lot of opportunities to make(and lose) money. Pretty much higher risks with higher potential rewards.
It's volatility really makes it more thrilling when it comes to cryptocurrency. You don't know when will the cryptocurrency value will increase that's why you need to study the market and learn trading signals that will help you to achieve proper timing. Trading really gives you huge profit depending on your management and control, strategies are important, as well as technical analysis.
If you're losing money trading(I assume, hence why you made such a topic), go trade with a virtual portfolio for now. eToro has a virtual portfolio feature whereas you can trade as much as you want with just play money.
The only thing that I do when i lose in trading is that i reflect on myself and search for the root of my failures, and after that, I try to improve my self and become better. Virtual portfolios are really helpful to make yourself familiarize on how trading works. This will help you visualize the true happening inside the trading platform if you don't have any idea about it.
By the use of basic fundamentals and knowledge, you should improve yourself through experience and practice. There are a lot of trading simulator that you can use, you can try to invest a certain amount in trading. Explore trading platforms that will be suitable and effective for you to become comfortable in every transaction that you are going to perform. It is not easy at first but if you aim on your goals, then everything will fall into its place. Keep hustling, once you make mistakes, study and learn from it. You need also to adjust depending on the market situation so that you will know what kind of strategies you are going to prepare in order to gain profits instead of losses.
OP is seeking a help about on how to become a successful trader. I have pressumed it because of the title of this thread.
And yeah, it's true that bitcoin market has extreme volatile characteristics that may cause traders to be exhaustes because of liquidity problems. But to endure and take this risks with good knowledge and good management trading plan, you can be a good and successful trader. There are so many things to consider but if you are determined enough on your goals, you can achieved the success.
Agree! Being a good traders doesn't mean you can be successful. Obviously, to be a good or successful trader, you'll need to learn good knowledge, practice your skills, acquire experiences. That's are the very first steps to join this market. Importantly, learn how to manage the risks and goal-setting. Be clear with the goal, don't change it along the way otherwise you'll be dip by the waves of the market! And yeah, it's true that bitcoin market has extreme volatile characteristics that may cause traders to be exhaustes because of liquidity problems. But to endure and take this risks with good knowledge and good management trading plan, you can be a good and successful trader. There are so many things to consider but if you are determined enough on your goals, you can achieved the success.
OP is seeking a help about on how to become a successful trader. I have pressumed it because of the title of this thread.
And yeah, it's true that bitcoin market has extreme volatile characteristics that may cause traders to be exhaustes because of liquidity problems. But to endure and take this risks with good knowledge and good management trading plan, you can be a good and successful trader. There are so many things to consider but if you are determined enough on your goals, you can achieved the success.
And yeah, it's true that bitcoin market has extreme volatile characteristics that may cause traders to be exhaustes because of liquidity problems. But to endure and take this risks with good knowledge and good management trading plan, you can be a good and successful trader. There are so many things to consider but if you are determined enough on your goals, you can achieved the success.
In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
On the contrary, there are traders who also able to recover after being down for the last couple of years as you mentioned.
You will just lose if you give up. Dealing and playing with the volatility is the challenge here. Don't focus on how much you lose but think of a way how to maintain winning stats. Learn to make strategy at any given trend. There is no perfect trade as even professionals still lose today.
If you think you can't handle your losses then better refrain doing trades.
It's hard to be a great and succesful trader, you need yo have first knowledge, skills, and experience first before you became like that, you will face so many struggles firs before you became like that, if you are only a beginner, you shouldn't try trading without proper knowledge and skills about it. You should do some research first or watch some tutorials on youtube before you try it. It's pretty normal that you may lose your money in trading especially when you are a beginner because even though those people who are not beginner introducing are actually losing their money when doing trading but do not let it stop you from trading because that is normal, you just only need to be patient and acquire skills and knowledge.
That's what actually attracts cryptocurrency trading to a lot of people: the huge volatility. Huge price swings, means a lot of opportunities to make(and lose) money. Pretty much higher risks with higher potential rewards.
If you're losing money trading(I assume, hence why you made such a topic), go trade with a virtual portfolio for now. eToro has a virtual portfolio feature whereas you can trade as much as you want with just play money.
I want to add a point to your point. Before going to trade by using a practicing account, you'll need to know the fundamental knowledge, learn the skills, and techniques first! By doing that, you'll have a proper understanding of the market, know how to analyze the trend and the information of the market. Don't trader without having those things or you'll face a great risk of losing your capital! If you're losing money trading(I assume, hence why you made such a topic), go trade with a virtual portfolio for now. eToro has a virtual portfolio feature whereas you can trade as much as you want with just play money.
That's what actually attracts cryptocurrency trading to a lot of people: the huge volatility. Huge price swings, means a lot of opportunities to make(and lose) money. Pretty much higher risks with higher potential rewards.
If you're losing money trading(I assume, hence why you made such a topic), go trade with a virtual portfolio for now. eToro has a virtual portfolio feature whereas you can trade as much as you want with just play money.
If you're losing money trading(I assume, hence why you made such a topic), go trade with a virtual portfolio for now. eToro has a virtual portfolio feature whereas you can trade as much as you want with just play money.
Can you make your topic to be understand clearer? Because we don't know what are you trying to achieved
Are you looking to become a successful trader? Or what ?
If your looking how to trade then this is the best source that you can possibly learn
Source: TRADING WITH RAYNER
You can learn a lot from this toturial where you can master your trading strategy.
Are you looking to become a successful trader? Or what ?
If your looking how to trade then this is the best source that you can possibly learn
Source: TRADING WITH RAYNER
You can learn a lot from this toturial where you can master your trading strategy.
Your content is confusing and not clear, hence i will focus on your subject.
It is very easy to become successful in the crypto currency space. All you need to do is learn, then do your own research, perfect the need to understand the basics of crypto currency trading. Learn and learn until you attain perfection to certain extents.
It is very easy to become successful in the crypto currency space. All you need to do is learn, then do your own research, perfect the need to understand the basics of crypto currency trading. Learn and learn until you attain perfection to certain extents.
What exactly is your question?
Indeed, in fact, you have already answered it. Some cryptocurrencies are at the top of the pyramid, the rest are at its foot or in the pit of oblivion.
Those who made the right bets are now celebrating a victory, the rest are indignant about injustice.
Indeed, in fact, you have already answered it. Some cryptocurrencies are at the top of the pyramid, the rest are at its foot or in the pit of oblivion.
Those who made the right bets are now celebrating a victory, the rest are indignant about injustice.
The cryptocurrency market is among the most active markets that still has great promise. In the last couple of years, cryptocurrencies have experienced massive, volatile price swings, which have caused some crypto traders to thrive, and others go through huge losses.
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