Crypto trading is somewhat different from the other fields in terms of its volatility rate and the risk on it. You won't be all the time are gaining, it somewhat we lose sometimes but not that big if you have knowledge and skill.
A lot of people quit from trading because of the bad market condition and it never give good profit. I've love of what I'm doing so I still be within.
Topic: How to Trade cryptocurrencies comfortably with profit - page 7. (Read 1536 times)
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.
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.
There is no place for emotion on crypto trading. And always you will win that's wrong as well. If you think I will buy on bottom and I will sell on top then you are also wrong. We don't know where is top and where is bottom. And yes, your mind should stable during trading. Just point a target to by and set a target to sell depend on market conditions. But that's our mistake that we always change mind and got loss. So don't trade emotionally use your brain and be patient.
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.
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.
The information you write is not very revealing. You said "decide to sell only when you are at profit. " This sentence made me a little unreasonable because the sole purpose of all of the traders is to make a profit, and this is not always occur. shortly, there is no situation like you said: "only sell coins when you in profit". An investor who buys a coin can experience a huge stock market drop in 1 month, and this situation forces him to sell coins and when he sells the coins, he has only a huge loss and the investor is compelled to do this move because the price decline can destroy the finance of the investor. As a summary of the whole article, the investor recedes from attacking and starts defending.
First rule for traders is not to invest more than you can afford to lose. Because no matter how successful trader you are, sooner or latee you will loose some, that is inevitable. But the most important rule is how you will deal with loss.
Still you can influence on that that possible loss is minimal by making decisions with your head, not your heart, by learning how to listen and predict the market and by learning on the mistakes you make. And of course with time and experience you will become more and more successful.
Still you can influence on that that possible loss is minimal by making decisions with your head, not your heart, by learning how to listen and predict the market and by learning on the mistakes you make. And of course with time and experience you will become more and more successful.
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.
100% of agree with you:)
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.
If you really want to trade crypto and want to have many profits then you should try to trade Bitcoin only because every coin depends on Bitcoin's moves.
For trading you need professionalism and there should be no involvement of emotions in trading. I think trading can only be success when you are trading as a full time business instead of part time business. Initially one should go for small profits. In crypto there is a time, when you found that golden moment then your profit will be maximum. You should be alert all the time because price is going up and down in seconds.
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.
What do you mean by trading comfortably, is there anything like uncomfortable trading? Any way, in trading whether you’re going to make profit or not depends on your skills and luck… sometimes it’s really difficult to predict the market and if you put the wrong order you will end up losing a percentage of your money if not all of them. So it’s best to get the skills first, before you talk about trading. I noticed a lot of people don’t learn trading before investing their money and time to it, it’s risk. 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.
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?
It is possible to trade cryptocurrency and earn a goid profit if you really believe on it. First thing you can do is assure yourself that you really want to do it. Never go in a war if your not ready because it may cause you loose. And also be knowledgable and never be affected by your emotions. If you want to success in trading be patient and believe on your coin.
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?
Does anyone use bots for crypto trading?
Who heard anything about TradeSanta crypto robot? worth trying it?
Who heard anything about TradeSanta crypto robot? worth trying it?
If you seek comfort zone in the volatile market like this then things can be worst for you and all others who will follow such mentality. There is never comfort in the crypto because things are changing very rapidly here. The profits can be made no matter what but it needs patience and continuous market watch so that one can actually study the real time situation and also up coming problem within it. The trades execution is simple but gaining the profits over the time is always challenging and there is no way one stay comfortable in it. Everyone will have to suffer one time at least as we have our money on stake. 
Trading is not even something that comes so easy like that, and people tend to think they can just start getting that comfort when it comes to making profit at first. There will always be some mistakes you will make at some point, and then over time, you will need to be able to fine tune those strategies of yours with the experience you get which basically is not something you will be able to get first without knowledge. All these require dedication and effort, and I do not see anything easy in that. Over time though, as you get better, you tend to find things easier than before, but the thing with trading is that you never stop learning.
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.
Daytrading is more comfortable to have profit even its not too high profit but its just enough for me to provide the needs of my family.lts just a matter of time to effort to monitor the price of my token.But lm satisfied of having a profit in every trade.
Trading is not that easy as articles used to say. Trading is a profession wherein you need to be well adept and knowledgeable about alomost every detail. It is also learned from experiences not just by the book only. So, to trade comfortably with profit, you need to go through the challenges and faiures trading might bring. Don't afraid to fail at the start. Learn from it.
So if you are a new trader here in the crypto market then you have to forget about making profit in the beginning but the careful and most successful way is to start trading with less valuable coins in order to gain practical experience first. Once you are done with your practical experience then you will surely upgrade to high and valuable coin that is actually the Bitcoin and you will be able enough to start trade with profit in the start.
I agree that the general psychological state strongly influences whether the transaction will be successful or not. If a person is in a bad psychological form, then it is better for him to avoid trading at this moment. For balance my state during transactions (which is also an important component of successful trading), I use the following method.
I clearly plan the whole deal before I start trading. I determine the point of purchase of a particular coin, then I consider two scenarios of how events will go.
The first scenario is if everything goes well and the price of the coin grows. Here I define the point of sale. The second scenario is if something went wrong and the price starts to fall. I determine the point of sale with a negative turn of events.
Next, I just clearly follow the plan. Yes, in the process I'm worried, because I really want the price to rise. But a clear adherence to the plan greatly reduces the level of stress.
I clearly plan the whole deal before I start trading. I determine the point of purchase of a particular coin, then I consider two scenarios of how events will go.
The first scenario is if everything goes well and the price of the coin grows. Here I define the point of sale. The second scenario is if something went wrong and the price starts to fall. I determine the point of sale with a negative turn of events.
Next, I just clearly follow the plan. Yes, in the process I'm worried, because I really want the price to rise. But a clear adherence to the plan greatly reduces the level of stress.
But to keep up the psychology when the market falls is very difficult. It is not easy when you are holding a portfolio of $ 5000 or more. I think to keep calm, we have to send the trust and responsibility to the altcoins that we have invested. Because when you really want that altcoin to succeed, you will never be sad when it goes down. You just hope it revives what you thought.
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