Topic: How to Trade cryptocurrencies comfortably with profit - page 10. (Read 1557 times)
Trading is very risky and we need skill and talent to be success though trading. If we want to trade cryptocrrency comfortably with profits then we need to be hard worker and need to avoid greedyness.
We can actually trade cryptocurrencies comfortably and that too gaining profit from it .... As I am a crypto trader I usually trade so I found this exchange name Binex.Trade where it gives 70% revenue to its token holder but the volume is low so the revenue is some times less.
Yeah, emotions and trades is the worst patch ever lolz. Many times I have fell for this one and I had all this without even realising that I had this loss because all I did was emotional judgment about the crypto trade that I was in.
Yes you do this all the time without even realising and no matter what how much you can control yourself you do such mistakes many time.
There is no comfort zone in the trading as the situation is always stressful and thats because you are staking your own money. When it comes to the money then you for sure fall for it.
Yes you do this all the time without even realising and no matter what how much you can control yourself you do such mistakes many time.
There is no comfort zone in the trading as the situation is always stressful and thats because you are staking your own money. When it comes to the money then you for sure fall for it.
The main thing for every trader is stability.
No need to chase after profits, because at any time you can make a mistake and merge twice as much.
A gradual and steady increase is the key to success and a sign of excellence.
But for this you need a lot of patience.
No need to chase after profits, because at any time you can make a mistake and merge twice as much.
A gradual and steady increase is the key to success and a sign of excellence.
But for this you need a lot of patience.
After doing some researches recently and watching all the threads, I do realised one important thing to myself, DO NOT invest in tokens and coins, only BTC or ETH. It is so hard to identify a successful ICO. And if ICO is over and the project is success you wont find that token on exchanges for good price.
The main thing for every trader is stability.
No need to chase after profits, because at any time you can make a mistake and merge twice as much.
A gradual and steady increase is the key to success and a sign of excellence.
But for this you need a lot of patience.
No need to chase after profits, because at any time you can make a mistake and merge twice as much.
A gradual and steady increase is the key to success and a sign of excellence.
But for this you need a lot of patience.
I was started Crypto trading with new fresh money 3 month ago, but until now that my balance does not increase because i hasbeen earn some profit but loss again in other trade. Learn from that, i know that my mistake is i dont use any risk management to reduce the risk. So we should be have some strategy how to minimize the loss when wrong prediction by use stop loss.
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.
How to control his emotions? Please help me to control
Everybody thinks that usdt can not be discounted.
Yesterday , USDT = 0.96 usd t he property I am holding at usdt . I saw the usdt depreciate I moved all through Tusd at 1.20 because I was scared with the news like binance removed usdt.
How can I not be afraid of such cases?
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.
it is so nice that you noted how important to have the stable emotional state before going into any financial affairs, take any risks and make any investments.
If you don't feel confident enough, you can consider being an investor at a trading platform and let more experienced traders do the work for you. There are projects that allow you to pick traders based on their portfolios and expertise. I'm a new in this myself, but I think I risk less being an investor, as there's so much to learn and take into account to get good profit. So it might be logical to use other people's skills and knowledge.
Idk, you need to be sure that they are good. Seems hard to check.
If you don't feel confident enough, you can consider being an investor at a trading platform and let more experienced traders do the work for you. There are projects that allow you to pick traders based on their portfolios and expertise. I'm a new in this myself, but I think I risk less being an investor, as there's so much to learn and take into account to get good profit. So it might be logical to use other people's skills and knowledge.
We now understand trend of crypto market and the level high of the fluctuacion so from it we should have some skill to predict the trend of crypto. By know the trend of crypto we will know as well when should be entry to the crypto market and when should be exit. High fluctuacion is mean high too risk so to minimize the risk we should be have risk management like use stop loss.
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.
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