How to Trade cryptocurrencies comfortably with profit - page 4.

Noa_Amable

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Quote from: deonyx on June 02, 2018, 05:21:32 AM

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.

so, the question could be understood that trading crypto without comfort could be profitable?

what is 'comfortably' here?

MFahad

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Eloncoin.org - Mars, here we come!

Quote from: deonyx on June 02, 2018, 05:21:32 AM

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.

Absolutely, we should build our confidence and then start to trade, in confusion and anxiety we can't do trade properly even we know the basic rules of trader. Actually in trading our decision to buy or sell on right time is matter, For example, in day trading, if we not sell our coins on a high price and feel confusion and our mind is busy in other matters or discussion then definitely we will lose the chance to make profit.

GreatArkansas

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Quote from: rodel caling on March 12, 2019, 07:32:08 PM

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.

Your biggest enemy in trading is your emotion, you should control your emotion in trading. Don't be greedy, stay on your targets or plan. Trading is just building a house, you have your blueprint first, so in trading, you have your chart setup with some indicators or your trendline or whatever techniques you will use to make a blueprint for your trade.
Lastly, you need also risk management, only trade what you afford to lose. Trading is also gambling but you can minimize your losses if you have your risk management.

Questat

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Quote from: Altero on March 18, 2019, 07:00:08 PM

Quote from: rodel caling on March 12, 2019, 07:32:08 PM

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.

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.

idham29

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Quote from: Bitcoin-Turkiye on March 18, 2019, 06:05:23 PM

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.

There is nothing more comfortable in pursuing profits than HODL, because this is a passive investment where the bitcoin owner will only sell it when prices go up and profits are certain.
Because it is passive, of course profits cannot be accumulated into a lot because they sell once and wait for prices to go down. In contrast to active trading where always enter the market to buy and sell, so that profit or loss is speculative.

creeps

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Quote from: jhonjhon on March 18, 2019, 06:42:46 PM

Quote from: Bitcoin-Turkiye on March 18, 2019, 06:05:23 PM

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.

There is no nee to wait for its bottom price and buy cause we can't actually never know when it happen. Seeing it having in low price is an indication for the right time to buy and we shouldn't have to waste that moment. It could be good to start with a enough capital so we can choose those potential coins in the market and not just we go into low volume coins.

Exactly, we don’t know what is the bottom but if you do trading you should know when to enter that is base on your study. Trading is not easy, and it should be done accordingly there is so many active coins now whether its on their peak or not if you see opportunity to buy a down coin trade, buy and sell on peak.

Altero

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Quote from: rodel caling on March 12, 2019, 07:32:08 PM

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.

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.

jhonjhon

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Quote from: Bitcoin-Turkiye on March 18, 2019, 06:05:23 PM

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.

There is no nee to wait for its bottom price and buy cause we can't actually never know when it happen. Seeing it having in low price is an indication for the right time to buy and we shouldn't have to waste that moment. It could be good to start with a enough capital so we can choose those potential coins in the market and not just we go into low volume coins.

Bitcoin-Turkiye

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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.

Kiweikoo

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Quote from: rollingstorm45 on March 12, 2019, 10:29:27 PM

Quote from: wayaneka on October 14, 2018, 11:08:47 PM

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.

smart way to trade. always anticipating potential losses that might occur, if all traders can take precautions and can determine the right time to sell and buy, we will always benefit. Crypto trading requires precision and is not carried away to win a lot when prices start to rise.

Right suggestion, other precaution I would also suggest any trader to take is to always make use of exchanges that has the stop loss tool for trading, the market is really full of uncertainties and no matter how perfect one might think he is, mistakes are bound to happen irrespective of the precautions but what totally discourages the enthusiasm for trading is when the loss become too much and the only way it can be minimized is when stop loss is applied.

Bitcotalk

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Quote from: Sum24 on January 12, 2019, 06:40:12 PM

Quote from: Lalafell on January 12, 2019, 12:52:17 AM

Quote from: Malamok101 on October 16, 2018, 11:00:21 AM

For comportable profit in trading just pick some good coins and safe investment to trade your cryptocurrency altcoins that can make you some profit to earn as slowly but surely profit.

Even you pick good and potential coins there is no assurance that will you earn profit because sometime you will really end in low and no profit. You need to become good skillful trader so even you invest in unstable coins you can still earn profit.

Exactly we don’t know what will happen but we will have to take risking we will it take risk it will Ben good. It’s good opportunity not to be so greedy for selling early and taking out investment. To trade profitably it needs patience and time so right now It’s better not to trade but best time is to buy as much as you can so that selling after few years will give you double profit.

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.

Lpim01

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Quote from: Goodvalony on March 15, 2019, 06:34:26 PM

i learn from a good expect on how to trade but am still learning. not yet a pro like him, rule number one for trader. NEVER EVER sell at lost. no matter how hard the coin drop make sure yo don't panic and sell. very very important. what goes down must surely go up again. since then, i have been making little profits dem. quite interesting.

You're right, thinking of why we have to sell when we know that we are losing with that price, it is just a suicide.
The market is also somewhat testing us of how we are really trusting crypto and how we manage our funds in trading. Most traders get failed cause the main reason is that they'll never know how to control their emotions, they let it to controlled over their mind

Goodvalony

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i learn from a good expect on how to trade but am still learning. not yet a pro like him, rule number one for trader. NEVER EVER sell at lost. no matter how hard the coin drop make sure yo don't panic and sell. very very important. what goes down must surely go up again. since then, i have been making little profits dem. quite interesting.

Activitycoin

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Quote from: semobo on March 14, 2019, 01:36:52 AM

It's just simple,buy low and sell high so never trade for the losses is the only way to be in profits comfortably but it is inevitale that losses on crypto trading.

This is really easy and simple way of making money in crypto currency and to move profitability, now a day price is low so we can buy and later on when it will rise we can sell it for high price, there is low risk but huge profit, it will not make you spend so much time in market for price check you only have to buy at low price and sell high price waiting gives fruitful results at the end.

DeadCoin

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★ Investor | Trader | Promoter

Quote from: deonyx on June 02, 2018, 05:21:32 AM

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.

Set your profit threshold to very less amount. Sit on day trading. Keep sending in and out. Sit for few hours. Choose best coins like, BTC, ETH, BCH, XLM, XRP and USDT. These coins would certainly yield profits and it will get piled up. Invest more to gain more. This strategy will help you to trade comfortably and get profits.

swetka

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Quote from: sinta23 on March 14, 2019, 01:35:31 PM

Quote from: rodel caling on March 12, 2019, 07:32:08 PM

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

In any case, only having theoretical knowledge you will not achieve any results. Therefore, you need to trade and gain experience. But if we analyze the external work on the cryptocurrency market, then the negative is so much that almost the whole experience is a struggle with its mistakes.

sinta23

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DogData

Quote from: rodel caling on March 12, 2019, 07:32:08 PM

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

Finestream

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Quote from: xvids on March 13, 2019, 03:04:03 PM

Just be calm and only invest what you could afford to lose,
Because of it you wouldn't be so stressed out,
Don't let the wrong trades affect you instead use it as an experience and learn from those mistakes.

I agree.When you trade,you should have a good mindset to create a profitable trading and not with full of negativity which will not help you in the end.And as much as possible do not use your emotions in trading because most of the time,it will only make you a loser.And practice buy low and sell high.It will really help you to create profits in trading.

gilangIDR

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Quote from: rollingstorm45 on March 12, 2019, 10:29:27 PM

Quote from: wayaneka on October 14, 2018, 11:08:47 PM

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.

smart way to trade. always anticipating potential losses that might occur, if all traders can take precautions and can determine the right time to sell and buy, we will always benefit. Crypto trading requires precision and is not carried away to win a lot when prices start to rise.

A Trader must be able to put the situation underway. The existing market situation is unstable and always changing, requiring every trader to be able to make decisions quickly and accurately. When a trader can make a good decision, they will be prepared to make a profit. That way they will achieve success in their lives.

semobo

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It's just simple,buy low and sell high so never trade for the losses is the only way to be in profits comfortably but it is inevitale that losses on crypto trading.

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