Topic: How to Trade cryptocurrencies comfortably with profit (Read 1536 times)
In recent years, I have lost quite a lot and made sure that today the best strategy for overcoming the crisis is a long-term investment in the rake of new cryptocurrencies. Daily trading for me has lost relevance, since the risks have increased and there are no price fluctuations, thanks to which one could earn a good income.
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?'
If this isn’t possible for sure all of us are successfully trading by now?but the sad thing is we’re not because of this hardship and risk when we trade Quote
The answer could be yes, though it depends on many factors.
.
Lol there is no yes because that’s not that possible .
Trading in cryptocurrency is like a gambling that even how good you are but luck doesn’t comply with you then failure is what you will get,that’s realistic answer since all of us known this
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?'
If this isn’t possible for sure all of us are successfully trading by now?but the sad thing is we’re not because of this hardship and risk when we trade Quote
The answer could be yes, though it depends on many factors.
.
Lol there is no yes because that’s not that possible .
Trading in cryptocurrency is like a gambling that even how good you are but luck doesn’t comply with you then failure is what you will get,that’s realistic answer since all of us known this
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?'
If this isn’t possible for sure all of us are successfully trading by now?but the sad thing is we’re not because of this hardship and risk when we trade Quote
The answer could be yes, though it depends on many factors.
.
Lol there is no yes because that’s not that possible .
Trading in cryptocurrency is like a gambling that even how good you are but luck doesn’t comply with you then failure is what you will get,that’s realistic answer since all of us known this
Just like any other form of trading, to be a profitable Cryptocurrency trader, you need to first understand the essence of this market. Generally speaking, there are number of ways to profit from Cryptocurrency, while day trading is most likely the fastest one. This method involves speculating on the price of Cryptocurrencies, just like in Forex, and then buying and selling them throughout the course of the day to make a profit. Due to the increased volatility of this market, there are usually 2 possible outcomes: You can either make a lot of money or lose a lot of money.
Don't be a day trader because it will make you confuse to see a candle. I have my friend and he has done trade on cryptocurrenyc since 2014 ago and he gives me a suggestion and he says don't be a day trader because it will make you tire and be a trader per week or per month unless if there is some important news that requires me to trade and you will get profit from it. And this suggestion I made it as a backrest so far and he was right I can trade cryptocurrency comfortably.
need to be able to control your emotions
never be greedy it can lead to bad consequences
gain experience on their mistakes
and remember you can never buy a token at the lowest price and sell at the highest
I think the most important thing you need at trading crypto is knowledge and experience. The down cost of investment is also important and one just cannot make good money by trading crypto if the initial cost of investment is high. So it is crucial to have a low initial cost which therefore maximizes your margin in trading your coins. never be greedy it can lead to bad consequences
gain experience on their mistakes
and remember you can never buy a token at the lowest price and sell at the highest
The experience did people only have the opportunity to trade properly and get credit for his work in a proper way otherwise if you start trading you cannot get the profit completely it will given back a little profit only so once you spend lots of time and your experience will be increasing while your experience is increased you can definitely get the profit to be increased.
Have enough experience and knowledge in trading will drive us into a better trade. We actually getting profit if we work it and have focus of what we do. Please be reminded also that profit will not take place all the time, we might experience losses that is why we should be smart in having decisions cause this will cause losses if mistaken.
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.
First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
Work on yourFirst, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
1. Strategy
2. Your schedule
3. Your emotions
4. Not looking back when sold off
At least we have lots of other things to look out for, in order for one to have a comfortable trading in profit.
The experience did people only have the opportunity to trade properly and get credit for his work in a proper way otherwise if you start trading you cannot get the profit completely it will given back a little profit only so once you spend lots of time and your experience will be increasing while your experience is increased you can definitely get the profit to be increased.
Have enough experience and knowledge in trading will drive us into a better trade. We actually getting profit if we work it and have focus of what we do. Please be reminded also that profit will not take place all the time, we might experience losses that is why we should be smart in having decisions cause this will cause losses if mistaken.
The experience did people only have the opportunity to trade properly and get credit for his work in a proper way otherwise if you start trading you cannot get the profit completely it will given back a little profit only so once you spend lots of time and your experience will be increasing while your experience is increased you can definitely get the profit to be increased.
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?'
If this isn’t possible for sure all of us are successfully trading by now?but the sad thing is we’re not because of this hardship and risk when we trade Quote
The answer could be yes, though it depends on many factors.
.
Lol there is no yes because that’s not that possible .
Trading in cryptocurrency is like a gambling that even how good you are but luck doesn’t comply with you then failure is what you will get,that’s realistic answer since all of us known this
What are the differences between trading cryptocurrency and trading forex?
In forex, you need to learn from many sources, and you need to learn so many indicators that will help you to analyze the market, and besides that, it's more complicated than crypto trading.Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.
First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
In crypto trading, you can only learn one or two indicators and master it so you can analyze the market without any problem.
But still, both forex trading and crypto trading needs experience and more lesson to become a pro, and it will not happen in the short unless you are a multi-talent who can learn in a short time to master the lesson.
I still prefer in crypto trading because, for me, it is easy to trade in crypto trading than in forex trading.
need to be able to control your emotions
never be greedy it can lead to bad consequences
gain experience on their mistakes
and remember you can never buy a token at the lowest price and sell at the highest
never be greedy it can lead to bad consequences
gain experience on their mistakes
and remember you can never buy a token at the lowest price and sell at the highest
Just try to set your goals and targets before making decisions on your trading blindly pouring in your funds and expecting huge result can be very disappointing in the long run so i think you should be very careful on how you make your trade...
I am more focused on renewing my mind with the latest news and situations, it is also effective in pressing Fomo to the lowest point. on the other hand, if you start to be skeptical about trends, you can speculate about coins that tend to be stable first, this is effective in keeping the profits earned.
So what you are pointing is the emotions of each a trader will determine what would be the outcome of their actions? But we must not forget thab crypto is volatile that even how emotiol ready we are but ths market suddenly fall hugely we will react as failure because this is our mental reactions .what we need is be ready on what might happen as this is part of investing
Controlling your emotions is critical if you want to become a successful trader but it is not everything you still need knowledge about technical and fundamental analysis, however we cannot deny that having a very strong control of your emotions is necessary especially in this market that is so volatile, I have seen lots of people with great knowledge about the markets that are not successful because when the price begins to significantly go up or down they panic and take bad decisions. 
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.
First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
So what you are pointing is the emotions of each a trader will determine what would be the outcome of their actions? But we must not forget thab crypto is volatile that even how emotiol ready we are but ths market suddenly fall hugely we will react as failure because this is our mental reactions .what we need is be ready on what might happen as this is part of investing First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
What are the differences between trading cryptocurrency and trading forex?
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.
First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.
Trading cryptocurrencies is not an easier task, with large trading volume assets it is possible to make trades in a much shorter time period. Beyond this it is completely on users self need, if the focus is to end the trade in short time and get back the profit then user needs to be observing the market and should do the buying and selling with the difference. Long term trading is low riskier than short term trading.
Long term trading is riskier than short term trading. Why? since in long term trading, the difference between the price you bought an altcoin is very huge. It can double up your capital but it can also gradually make it vanish. On the other hand short term trading minimizes those gaps, making you gain and lose by low percentage. Jump to: