How to maintain profitability in crypto trading - page 5.

@sriyan

member

Activity: 468

Merit: 13

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

Hi guys, happy new month, i came to discovered that there are some people in the community suffering how to maintain constant profits in crypto trading system which, I will like to share some ways that will help people to maintain constant profits in crypto trading.

HERE ARE SOME WAYS TO MAINTAIN PROFITABILITY IN CRYPTO TRADING:
1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.

2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.

I will explain how to increase the capital. There are some ways to earn free cryptos without any funds.

1. Do the Testnets
2. Participate to Ask Me Anything sessions
3. Crypto Community Management

In addition to that, you can try out the mainnet airdrops to get higher profits. but you need some capital for that.

kojektea

sr. member

Activity: 2254

Merit: 256

Vave.com - Crypto Casino

I guess it is a good foundation for novice traders. I myself always live the 3 points you mentioned. it does look simple but this is the basic thing that we must use in any condition of the season. I want to add 1 point.
4. Do not be greedy in seeking profit.
greed is a thing that can destroy assets even if used frequently. I'm sure we all want consistent profits, but this greed needs to be controlled.

livingfree

hero member

Activity: 2786

Merit: 578

Quote from: Kasabus on May 02, 2023, 05:28:25 PM

Quote from: livingfree on May 02, 2023, 05:07:30 PM

If you're already profitable and you just want to maintain it, you don't need to increase your capital unless your goal is to increase your profits.

The risk doesn't change and it's even gonna be bigger when you add some more capital in it. And when you're having some bad beats with your trades, it's okay to take a break.

And adding with the first tip, it's okay to be distracted when you're no longer productive and profitable. You really need to find some other things for you to release that tension and stress from trading.

I doubt if we can actually maintain from profiting when we’re in real trading. The market is not always safe to trade, so there are really instances that you are force to stop and just focus on long term hodling on your chosen investment. But if what you mean is to reduce your risk or losing, you can always do that by knowing when to trade and what potential coins to trade. Maintaining profitability is actually good, but you can’t actually expect it to be happening from an uncertain and unpredictable market.

Maybe it's possible for some but not for the most.

We can maintain our activities and possibly the profits that we'll get but just as you've said, the market is always having its risk and you can't just have a good day with trading daily.

Me, I've chosen what I know is going to be the best for me. I trade some and hold for the most but whatever is effective on me, that's where I'm giving my time and trying to maintain as much as I can.

It may not be as big as what I can see from the others but I'm happy that I'm having some gains despite of my situation.

Dunamisx

hero member

Activity: 854

Merit: 539

★Bitvest.io★ Play Plinko or Invest!

Quote from: Peanutswar on May 03, 2023, 09:59:44 AM

To have a good win rate maintain your consistency make a trade when you are fully prepared and ready this is all about the market price so all of your knowledge and learning can be applied with your trade this depends on your profit having a proper execution of your trades makes you more easier to make a green portfolio.

Trade in your expertise don't trade by just depends on other people make your own signals and analyzation for your trades.

Bitcoin trading is bot a coincidental experience but what we deliberate on wether to go for or not, our decision and level of understandings on trading patterns and approachs matters alot in determining our experience while trading, we have to sit to learn and build our own credible way to trading, make moves and give it all the necessary tools in learning more on a continuous improvement level because things keep changing each time and each time about trading.

Peanutswar

hero member

Activity: 1498

Merit: 974

Bitcoin Casino Est. 2013

To have a good win rate maintain your consistency make a trade when you are fully prepared and ready this is all about the market price so all of your knowledge and learning can be applied with your trade this depends on your profit having a proper execution of your trades makes you more easier to make a green portfolio.

Trade in your expertise don't trade by just depends on other people make your own signals and analyzation for your trades.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: AicecreaME on May 03, 2023, 07:19:13 AM

You can't maintain the profitability in trading, because sometimes your losses are more than your winnings and it could be the other way around too. Trading is about luck and how good your probability is, because that's how you're gonna increase your chances of making profit every single trade you're gonna make. Maybe you could have 70-80 percent of making your profit stable but not 100%.

It is difficult to maintain profitability in trading because the market tends to change all the time. But it doesn't make us lose, especially if we can analyze the coins that will increase. Trading is about analyzing market conditions and finding the right coins to trade. And if your analytical skills are good enough, you will surely be able to find the right coin and also make a profit. So, in this case, you must continue to hone your analytical skills so that you will not be affected by market conditions that will continue to go up and down.

palle11

sr. member

Activity: 2310

Merit: 332

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

HERE ARE SOME WAYS TO MAINTAIN PROFITABILITY IN CRYPTO TRADING:
1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.

When trading does not allow you time for other activities that you call special or not special, it means you are not trading rightly. Trading is suppose to give you the time to do other things while you still do your trading, so you have to plan your time. If you are a trader and still leaving the life of an employee of 8am to 5pm kind of engagement, you are just as the same as a white collar job worker. If you keep yourself glued on your computer to monitor your trade consistently after you have made an entry order then you need to learn more easy and proficient way of trading. The solution to what you have said is to adopt the use of stop loss and take profit, you can't be trading without it and you have to know trading is about profit and losses, don't over guide yourself on not losing because you can't stop it if you have entered a wrong trade, the best is to use your stop loss.

Awaklara

hero member

Activity: 1050

Merit: 657

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

sometimes increasing capital in trading is also a form of the greed of traders who are unable to manage assets properly.
with more capital, one might expect more profits to come. but I would prefer to use fixed capital with profits that will always be split. for example, if you want to trade with a capital of $ 5k, then whatever profit you get from trading would be better to save or allocate for something else. and continue to trade with the fixed capital you have.

AicecreaME

sr. member

Activity: 2324

Merit: 454

You can't maintain the profitability in trading, because sometimes your losses are more than your winnings and it could be the other way around too. Trading is about luck and how good your probability is, because that's how you're gonna increase your chances of making profit every single trade you're gonna make. Maybe you could have 70-80 percent of making your profit stable but not 100%.

Faisal2202

sr. member

Activity: 1204

Merit: 466

#SWGT CERTIK Audited

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.

I am not a professional trader and i really admired your points but the thing is you cannot be so accurate all the time. Like my daily profit, the target is not that big, It's around $2 to $4 dollars daily if possible and i have around $300 in capital if that's not enough then i will collect some more but i am afraid if i didn't start to earn my target on daily bases I will lose my capital too, to meet daily expenses.

The point is, your aforementioned points are not enough to make me able to get my daily target, Why? i have no or less technical analysis but i daily observe the market and new cycles and always try to understand why such big (green) or small (red) candles are created. Which indicates i have good skills in fundamental analysis.

i would love to hear from you more if you could help me out in achieving my target, i can easily achieve my target in future trading but i don't prefer it and don't like it, so, it narrow downed trading options. Now tell me the main points to maintain a total of around $2 to $4 of profits daily.

slaman29

legendary

Activity: 2632

Merit: 1212

Livecasino, 20% cashback, no fuss payouts.

Quote from: Oshosondy on May 03, 2023, 02:26:27 AM

You do not have to increase your capital. Traders should not use more than the amount of money that they can afford to lose. But if they see more positive outcome like winning than losing, they may increase the amount of money that they are using to trade. But the increment should be gradual, it should not be abruptly and they should not be greedy.

Totally agree here. It's a really dumb idea to "increase capital" because in the first place, like any trading, you set your targets, set your limits, most important is your starting capital.

If you think you need $100, then start with that, don't start with less and "top up" later.

If you're topping up capital as a trader, you should really start realizing you're behaving like a gambler, who deposits more and more as he loses.

Besides with leverage why does anyone need a big capital?

Oshosondy

legendary

Activity: 1414

Merit: 1118

...gambling responsibly. Do not be addicted.

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.

But did you know that trading can lead to addiction which can be health threatening? Do not let trading take your quality time from you.

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

You do not have to increase your capital. Traders should not use more than the amount of money that they can afford to lose. But if they see more positive outcome like winning than losing, they may increase the amount of money that they are using to trade. But the increment should be gradual, it should not be abruptly and they should not be greedy.

hd49728

legendary

Activity: 2044

Merit: 1018

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.

I would go oppositely with you. If you want to maintain your constant profit, let's trade less. Hang out more and trade less, it will reduce your failed trades.

Quote

2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.

Trading and holding are different. Holding is more related to a market season, bear or bull. Trading is available in both market seasons as bull or bear, market has its waves which give you chances to trade.

Quote

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

I disagree.

Increasing your capital will bring more pressure that can increase your bad decision, more mistakes then profit will turn to loss. Don't increase your capital for trading, try to maintain it the same. If you double your capital from trading, withdraw 50% of it like your saving. Continue with your initial capital, again and again. Even if after 10 rounds, you suddenly lost your initial capital, you still have your savings which is x9 of your initial capital. Good enough.

petulino

full member

Activity: 280

Merit: 110

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

Hi guys, happy new month, i came to discovered that there are some people in the community suffering how to maintain constant profits in crypto trading system which, I will like to share some ways that will help people to maintain constant profits in crypto trading.

HERE ARE SOME WAYS TO MAINTAIN PROFITABILITY IN CRYPTO TRADING:
1) Decrease your waste : if you want to maintain constant profits in your trading, you must reduce some special time you spend in some activities that will distract your attention in crypto trading because, crypto trading need constant attention so that you will not miss your profits at the moment.

2) Conduct market research: For you to maintain constant profits in your crypto trading, you need to be active in carrying out your personal research daily to know the season we are in the market either bulling season which is the best season every traders want to be swimming in profits making all the time or bearing season which is the season Many traders use to hold their coins very well not to miss their profits.

3) Increase your capital: if you want to maintain profits in your crypto trading, you need to work hard to increase your capital so that it will help you to buy huge amount of coins that will help you to maintain your regular profits in the market.

I know, there are some professional traders who will like to add to this topic to help people over there so that there will be progress in constant profits making, your opinion is highly welcome.

Trading in cryptocurrency is definitely a tough job but if hard work and attention is given, it is a good profit making platform.Always make a specific trading target on a daily basis.That I have to do three or five trades per day.If even two of your three trades come out right, then you close the day's trading.

You should never trade on emotions.Sometimes the market goes down while taking a trade or after taking a trade due to which many traders get upset and end up losing money.

Trend IS your Friend. This should be followed because if you go with the trend you will earn profit if you go against the trend you will always be in loss.Because the big whales are controlling the market and you can never control the market. You have to go with them.

you should always choose good and best cryptocurrency for trading.Never choose coins that pump once in years.Try to enter the coins that have more volatility,But special attention should be paid to the timing of where to take the entry.

sheenshane

legendary

Activity: 2366

Merit: 1206

Quote from: Zanab247 on May 02, 2023, 11:57:58 AM

HERE ARE SOME WAYS TO MAINTAIN PROFITABILITY IN CRYPTO TRADING:
1) Decrease your waste :
2) Conduct market research:
3) Increase your capital:

I don't think it will work like this, especially the number 2.
The market is unpredictable which means that the price of a particular cryptocurrency can fluctuate rapidly and unpredictably and how can you find accurate research, which means, you can't maintain profitability in crypto trading.

So IMO, you can't maintain it, just accept the reality that every now and then there's a high chance that your capital either small or big might easily to wipe out. Crypto trading requires discipline, patience, and a long-term perspective to gain profit.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Number 2 is the most important because a trader will know what to do by researching market movements. That way, a trader can determine when he enters and exits the market, including which coin to trade.

Increasing capital is not necessary because it still requires self-control; besides, increasing capital can trigger the use of all capital or all-in in trading. That is why I prefer to use the same capital in trading and only increase my capital if my profits have multiplied.

Don't be too eager to chase big profits in one trade and rather make regular profits. And don't follow a price increase if you can't afford to because it can make you get a high price and get stuck and unable to sell because it will make you lose.

Vaculin

hero member

Activity: 2898

Merit: 612

Crypto trading has always been regarded as high risk, which means it’s quite impossible to maintain profitability everytime you decide to trade. I guess everyone will agree to that. However, if you aim to reduce from losing and increase your profit amount, then increase your capital in trading every time you succeeded in your previous trades. But it takes a lot of risks and skills to do that. Even pros in trading cannot guarantee bigger capital results into bigger profits. That’s why a lot of traders only manage to trade on a small amount.

Johnyz

full member

Activity: 2086

Merit: 193

Crypto losses are normal, expect to have this from time to time.
Maintaining a profitable portfolio might not be easy, it will take a lot of analysis and sacrifices as well as the market remains unpredictable and volatile.

As a trader you have to be easy on yourself, and be realistic because there are trades where you can lose the money while the others are just a breakeven. Once you have a good strategy, I’m sure in the long run you can be profitable, just make sure that you know what to do.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: livingfree on May 02, 2023, 05:07:30 PM

If you're already profitable and you just want to maintain it, you don't need to increase your capital unless your goal is to increase your profits.

The risk doesn't change and it's even gonna be bigger when you add some more capital in it. And when you're having some bad beats with your trades, it's okay to take a break.

And adding with the first tip, it's okay to be distracted when you're no longer productive and profitable. You really need to find some other things for you to release that tension and stress from trading.

I doubt if we can actually maintain from profiting when we’re in real trading. The market is not always safe to trade, so there are really instances that you are force to stop and just focus on long term hodling on your chosen investment. But if what you mean is to reduce your risk or losing, you can always do that by knowing when to trade and what potential coins to trade. Maintaining profitability is actually good, but you can’t actually expect it to be happening from an uncertain and unpredictable market.

livingfree

hero member

Activity: 2786

Merit: 578

If you're already profitable and you just want to maintain it, you don't need to increase your capital unless your goal is to increase your profits.

The risk doesn't change and it's even gonna be bigger when you add some more capital in it. And when you're having some bad beats with your trades, it's okay to take a break.

And adding with the first tip, it's okay to be distracted when you're no longer productive and profitable. You really need to find some other things for you to release that tension and stress from trading.

Topic: How to maintain profitability in crypto trading - page 5. (Read 736 times)