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.
Topic: How to Trade cryptocurrencies comfortably with profit - page 5. (Read 1557 times)
You're right. I also noticed a thing that if I have any excitement or any other negative emotion, it is always bad for trade. I try not to trade on days like these.
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.
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.
I would say 'no' just because felling a bit nervous during trading is a common thing and it could not be called absolutely 'comfortable'.
you should always keep an eye on your account while trading - that will protect you from big losses, so it is not that much comfortable.
but it can bring profits
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.
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.
Everyone knows that they need to get rid of their anxiety during trading but that's not so easy to say.
Is easier to say but not easy to do I believe that is what you meant. Trading crypto currency comfortably with profit may sound as if it is possible to continues making profit without any lost all the time which I think is not possible what ever the level of your experience in trading crypto currency. 
The income and the profit depends on how your work will be for your trading and how much do you invest these two things will decide the profit for you but more than this the market condition are also helpful for you to get easier profit so if you work hard you will get the profit this is a simple thing for getting extra income in 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.
Controlling one emotion in trading crypto currency is the most difficult factor to deal with when it comes to trading this is because your real money is involved. To control your emotion you will need to invest what you can afford to part with for a long time. 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.
Everyone knows that they need to get rid of their anxiety during trading but that's not so easy to say. When you suggest something, it has to be benefitable, saying something so simple is thing that 100% can understand. Also luck is a huge factor in trading, especially in bitcoin. All your charts and past statistics are usually unuseful, current situation and a little bit future analyze along luck plays huge role here. Why luck? Because tomorrow may happen something which may affect price you are fall asleep.
Indeed, I thought there is something useful with the content of his post but its just a usual reminder that I think everyone knows since that's the only way to make profit when you trade.Well bearish trend seems not over and we cant say until when this will last, in my case one of the strategy that im comfortable with is to hodl my assets for long term. In this way I dont have to worry for the current situation of the market and not losing my patience dealing with it.
If your mindset is to take profit when there's a chance then you have to be alert but dont be too eager, it can also lead to wrong decision. Just deal with every situation calmly although for others it might really hard to do.
Everyone knows that they need to get rid of their anxiety during trading but that's not so easy to say. When you suggest something, it has to be benefitable, saying something so simple is thing that 100% can understand. Also luck is a huge factor in trading, especially in bitcoin. All your charts and past statistics are usually unuseful, current situation and a little bit future analyze along luck plays huge role here. Why luck? Because tomorrow may happen something which may affect price you are fall asleep.
Trading cryptocurrencies are really risky, so much volatile. Because there's a lot of shitcoins out there and I believe that fundamental analysis is also good for trading, not all technical, also include the fundamental analysis. We can earn huge profits but the negative side is we can also make huge losses.
But, the chances of making huge loss will also be extremely low provided the trader put all risk management tools in place such as stop loss, not being a greedy trader, ability to get in and out of trade as fast as possible and so many others.The market is very volatile like you rightly said and if we take advantage of some of the good coins out there fundamentally, we will profit a lot from the crypto market, for me, I personally don’t believe in some of these bad coins making fortune out of them, I might have been hearing this too from so many people but it is not a risk I would want to take trading bad coins.
It is possible to make profit and trade with ease, there are few strategies that could make you trade easily and make profit, one of the strategy is to invest for long term, search for strong and potential coin and let it stay for few years, the volatility of the crypto is very high but if you make it long term then you will see that the volatility is not really a problem
Just dont get stressed and always put into mind that success is made up of a lot of time and patience. Buy coins when its on low price then if you know how to play on it, trade. If not, you can just hold it there and wait for the best price to sell it.
I think the formula is easy, if you know when a dump and pump a coin, then you will trade comfortably and profitably.
enter the telegram group of coins that you are trading, because there will be the latest information about the coin which will usually have a significant effect on the price.
indeed we cannot ensure a method will work 100%, but it is not wrong to try. CMIIW
enter the telegram group of coins that you are trading, because there will be the latest information about the coin which will usually have a significant effect on the price.
indeed we cannot ensure a method will work 100%, but it is not wrong to try. CMIIW
What I'm saying about success in trading is it is not about the market situation and also not about the profit or loss it could be how much interest and attraction will have a boat trading by a trader for long time it could be decide the success of a trader
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.
There is one thing that can help you with this. It's about your trading system. In every situation you can cut your risk and increase your profit. So if you'll make a good system, you are not afraid to do any orders. 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.
Keeping calm while you trade is really hard to implement. I may agree that having a mind set will probably help you reduce panic when your entry isn't the way it supposed to be. But when you do have a patience, you still earn some profit even the situation wasn't that as expected.
When I made up my mind to choose the line of trading and I decided to go for the proper training, my mentor said one thing to me, he said, never you go into trading when you are not mentally and emotionally prepared for it and how can you be mentally and emotional be prepared.Never see trading as a get rich quick scheme even when it eventually does, never see it as a matter of life and death and never trade with money you cannot afford to lose and lastly, see every failure as an experience to learn more. With this, we can be patient enough when trading till we are able to become a professional trader, then we can invest more into it.
You can't just become a good trader in one day, even if you find a way that is actually good, you need to improve yourself and not just the method you are using. Both of them getting to a point where you can trade crypto currencies comfortably with profit only happens with time and you will see your results getting better and better with each passing day.
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.
a person who feels comfortable in conducting cryptocurrency trading does not expect too much profit but the person is able to minimize the risk of loss and not be greedy to get big profits. although the benefits gained are few if it can be repeated again they are able to be in the comfort zone to trade because they trade with a mature strategy and do not expect to get a big profit because they already understand the fluctuating market price movements
Keeping calm while you trade is really hard to implement. I may agree that having a mind set will probably help you reduce panic when your entry isn't the way it supposed to be. But when you do have a patience, you still earn some profit even the situation wasn't that as expected.
Patience is not always the answer for unexpected situation. You also have to decide if it's worth it to wait or rather exit to prevent further loss. This is why it is recommended for everyone to put stop loss in every market order you'll set. Jump to: