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Topic: How to Trade cryptocurrencies comfortably with profit - page 3. (Read 1536 times)

jr. member
Activity: 378
Merit: 3
the main reason for trading cryptocurrencies  consistent profit is through investing when the market is dump and holding those coins with patience then only we can see profits
sr. member
Activity: 840
Merit: 250
to trade in crypto currencies we must have sufficient knowledge because it will guide you to good trading, and you also have to have great trust
hero member
Activity: 1190
Merit: 500
AFAIK crypto is very risky if you're short term trading because it's value keep volatile.

It's really change my life when I decide to keep hold it over 4 / 5 years , I can trade crypto with less effort and less stress.
Believing something risky is just like Warren did with his intuation that lead him become the wealthiest investor in the world !
If you want to get profit in a relaxed manner, of course you can do their way. but many people have courage you know,
thats why they trade. and the volatile prices that they use benefit to get big profits in a short time
full member
Activity: 714
Merit: 100
you should buy it when the price is at the bottom.  when you make a profit, you have to pocket the money..  In fact it is very easy to win on the market. but you should check your feelings. If you are not patient, And if you get greed, you'll probably be lost.

Greed wise we have no loss, we have loss when we feel panic. Patience wise you are right, we must maintain our mind and patienter ourself then we feel comfortably in trading. But when we get profit then automatically we feel comfort. But every time we can't make profit from trading. It is risky but it is better than others ways, I mean crypto trading is more than better than other earning ways, only need we should strong our mind and do every trade with information wise, then it will be comfortably for us.

well, there is a point.. once you lose -  you feel uncomfortable but you should realize that trading is also a loss from time to time. so, nothing uncomfortable here, it is just the way trading exists.
hero member
Activity: 3052
Merit: 606
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.

Totally agree with you. sometimes you can not earn profit from trading. but not to worry. be patient and hold your coin until the coin/token going bull run. Don't not sell your coin in panic.
Yes.Do not do panic selling if you want to gain good profits in trading.We can really make good profits in trading as long as our minds are set positively and are ready for price fluctuations anytime.Trading may not give sure profits all the time but rest assured that we will not make huge losses if we only know  what we are doing.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
You can definitely trade cryptocurrencies comfortably and make good profits. Just don't care about the market situation, buy a few good stable altcoins and hold them for long-term. In this way, i believe you can make good profits in the long run.

Market situation, market situation, market situation, something I saw million times! But what is market situation? For example someone bought bitcoin at 19k, price dropped hard, that someone lost money, now that person is saying that market situation is bad? But what is with people who bought under 1000 dollars, sold at 19k and now they are buying again? Now they have money, they have same or higher amount of bitcoins, how will you classify their market situation?
I support your decision to hold some coins for a long term, its a good strategy, but don`t mix that with day trading. I`m making some profit like that, and for me more swings there is, higher profit I can make.
There is a difference between the state of the market and the state of each investor, there are definitely some investors and traders doing very well even right now, but we must admit that their number is limited and they are not the majority, however that is the nature of the markets even during the bull market there were people losing money and even during this bear market there are people earning money so the state of the market should not be an excuse, if you have the skills you can make money regardless of what the market is doing at the moment.
jr. member
Activity: 434
Merit: 4
Today remains the most effective trade-Trade within a day or buy for a few days.
All altcoins slowly shoot and add 10-20%. Buy a coin put up a sell order +10% and +20% and wait a few days-with a probability of 90% your bets will play!
full member
Activity: 994
Merit: 101
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.

Totally agree with you. sometimes you can not earn profit from trading. but not to worry. be patient and hold your coin until the coin/token going bull run. Don't not sell your coin in panic.
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
you should buy it when the price is at the bottom.  when you make a profit, you have to pocket the money..  In fact it is very easy to win on the market. but you should check your feelings. If you are not patient, And if you get greed, you'll probably be lost.

Greed wise we have no loss, we have loss when we feel panic. Patience wise you are right, we must maintain our mind and patienter ourself then we feel comfortably in trading. But when we get profit then automatically we feel comfort. But every time we can't make profit from trading. It is risky but it is better than others ways, I mean crypto trading is more than better than other earning ways, only need we should strong our mind and do every trade with information wise, then it will be comfortably for us.
legendary
Activity: 2030
Merit: 1028
AFAIK crypto is very risky if you're short term trading because it's value keep volatile.

It's really change my life when I decide to keep hold it over 4 / 5 years , I can trade crypto with less effort and less stress.
Believing something risky is just like Warren did with his intuation that lead him become the wealthiest investor in the world !
hero member
Activity: 2212
Merit: 786
You can definitely trade cryptocurrencies comfortably and make good profits. Just don't care about the market situation, buy a few good stable altcoins and hold them for long-term. In this way, i believe you can make good profits in the long run.

Market situation, market situation, market situation, something I saw million times! But what is market situation? For example someone bought bitcoin at 19k, price dropped hard, that someone lost money, now that person is saying that market situation is bad? But what is with people who bought under 1000 dollars, sold at 19k and now they are buying again? Now they have money, they have same or higher amount of bitcoins, how will you classify their market situation?
I support your decision to hold some coins for a long term, its a good strategy, but don`t mix that with day trading. I`m making some profit like that, and for me more swings there is, higher profit I can make.

I guess what they pertaining to "market situation" is very relative to the individual's perspective and standpoint. In general, the market situation depends on the current and actual data of its price, like there may be a bullish or bearish trend depending on the consistency of its price increase or decrease. I suggest that to individuals who purchased bitcoin when its price skyrocketed, the best way to at least mitigate the damage is to HODL and wait for the price to skyrocket. It is in your discretion when and how you should cash them out.

jr. member
Activity: 347
Merit: 1
Fun of WINBIX sales system winbix.io
A crazy better knowledge of the market is the basic determinant of the market and i think it will help to have some trading skill and then determine the amount you are willing to trade most of the time those things are just needed to successfully make a good trade
copper member
Activity: 307
Merit: 1
Trading on crypto currency and making money from it involves a lot of decsiplene and knowledge.  Learn how to buy the news and sell thr rumour with that kne can maximize profit during trading. Learn to also do away with greed
hero member
Activity: 1148
Merit: 528
That's it, we should have that self confidence and have to focus of what we are doing cause if we are not in full time trading definitely we can't catch the right time to do buying and selling of our coins. It only works if we work on it, and letting it stay in a certain exchanges will never give assurance to make profit.
This needs educating yourself, it's should be a constant education in order for you to fully understand the market movement.
Trends might change from time to time so you need to updated to that, there are a lot of factors to consider in order to be an effective trader, you need to know them all, it does not guarantee that you will be correct all the time but at least it will increase your chances.
Active trading is still a game of luck though requires lots of strategies, it is not as easy as he said knowing when a coin has bottom if used for trading, the best is what you have said, buying a coin when one feel it has bottom and holding for it to grow past the buying price till we see the substantial increase we are contented with for us to remove.

Not many people are traders and that is why some people that tries it no matter the knowledge they have acquire still end up losing out, the best form of this crypto investment is actually HOLDING.
member
Activity: 182
Merit: 10
Yes, it is possible. It is possible to trade cryptocurrency comfortably with profit. Cryptocurrency trade is easy if you can do the right thing. You never consider a huge profit when trading cryptocurrency. At first, it must be remembered that I can make just as much money as I have invested. Then second time investing will have to try to earn a little profit. By earning a little less profit in this way, you can earn more profit. You will avoid mistakes as much as possible while trading cryptocurrency. Then you will be able to trade cryptocurrency comfortably with profit.

Thank you
legendary
Activity: 3248
Merit: 1179
You can definitely trade cryptocurrencies comfortably and make good profits. Just don't care about the market situation, buy a few good stable altcoins and hold them for long-term. In this way, i believe you can make good profits in the long run.

Market situation, market situation, market situation, something I saw million times! But what is market situation? For example someone bought bitcoin at 19k, price dropped hard, that someone lost money, now that person is saying that market situation is bad? But what is with people who bought under 1000 dollars, sold at 19k and now they are buying again? Now they have money, they have same or higher amount of bitcoins, how will you classify their market situation?
I support your decision to hold some coins for a long term, its a good strategy, but don`t mix that with day trading. I`m making some profit like that, and for me more swings there is, higher profit I can make.
full member
Activity: 1218
Merit: 112
You can definitely trade cryptocurrencies comfortably and make good profits. Just don't care about the market situation, buy a few good stable altcoins and hold them for long-term. In this way, i believe you can make good profits in the long run.
full member
Activity: 1134
Merit: 103
One of the most way to trade comfortable in cryptocurrency is self confidence and full of skill and knowledge hard works in the crypto trading with know how to control emotions during in trading works to get huge profits.
if for self-confidence it must be because in trying like trading in order to be able to benefit continuously it must have great confidence and skills too

Exactly, sometimes situation will not be in our control because even though we try very hard to make profit but market situation makes us to wait many days for making profit. So it is always good to wait until your desire target is reached, otherwise you might loose more value.
hero member
Activity: 1078
Merit: 501
Trading in cryptocurrency is not a very comfortable thing. You can get your value in the market reduced due to a fall in the price value of the portfolio. You can also get big return which means that the market is uncertain and the presence of uncertainty means no comfort so better brace yourself. If you are long term investor/trader, you can then do things comfortably and can make money.
While I understand the desire to make a lot of money in an easy way the truth is that most of the time that is not possible and you need to take a decision, do you pursue profits or comfort? And if you are in this market then you should select profits, as a trader or investor that is the only choice even if that means that you need to put a significant amount of time and effort to get to your goals because at the end the profits are going to be worth the effort.
I think here is point towards patience which is written as comfortably, because crypto currency rise and fall use to come, so we will have to make it easy for us to stay wise by making investment at low price and to sell at high, you only have to avoid selling at panic and to have patience because patience is another name of success in crypto currency.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Trading in cryptocurrency is not a very comfortable thing. You can get your value in the market reduced due to a fall in the price value of the portfolio. You can also get big return which means that the market is uncertain and the presence of uncertainty means no comfort so better brace yourself. If you are long term investor/trader, you can then do things comfortably and can make money.
While I understand the desire to make a lot of money in an easy way the truth is that most of the time that is not possible and you need to take a decision, do you pursue profits or comfort? And if you are in this market then you should select profits, as a trader or investor that is the only choice even if that means that you need to put a significant amount of time and effort to get to your goals because at the end the profits are going to be worth the effort.
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