How to Trade cryptocurrencies comfortably with profit - page 8.

nl247

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Quote from: darthmaul on October 27, 2018, 06:04:45 AM

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. Grin

The thing is that almost everyone always want comfort, but they always fail to realize or understand that everything good comes with some level of sacrifice. Trading cryptocurrency comfortable with profit is something you can actually get to do eventually though, and that is only if you have been able to sacrifice to learning, practising and building strategies over time. You cannot get it better than that, but one way, before getting to that point, you have at least, sacrificed so much to get better for your own good.

iMark

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Quote from: Crypto_Samuel on October 15, 2018, 08:50:20 AM

Quote from: SJJoh on October 15, 2018, 07:17:02 AM

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.

Looks like poloniex has features like this, isnt it? but of course you have to know the skills and knowledge that he has, don't let you choose someone who is not credible and skilled in trading, I myself more comfortable using my own skills, if you are not experienced then keep learning and try

nicster551

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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.

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.

prashanta

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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.

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.

Because of the instability of the crypto expenditure, it is not always effective due to the long-term failure of the trader, but a skilled dealer can evaluate and earn more business through his business using all of his business. The genius in buying and selling And additionally your coins do not change to be a holder all the time and simply change with your funds part.

Kiweikoo

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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.

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.

darthmaul

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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. Grin

ShortClixneoai

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Quote from: yecats on October 23, 2018, 04:26:27 PM

Yes , it is really important to build your emotions when it comes to trading Wink

but don't just be confident have your technical analysis with you and by that you wil earn you confidence in trading Wink

don't just be carried away.

To me I think that the most important is to study the market and first choose the best coin for your investment, you should try to have good knowledge about the coin where you are interested to invest your money, because a lot of coins are there which can only waste your time and can give nothing to you.

Panchum

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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.

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.

adzino

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Quote from: Ninellechka on October 25, 2018, 05:10:34 PM

Your emotional state is important of course, but the market's state is more important now. Even experienced traders feel confused at the moment. Not the best time for newbies. If you wanna start trading, don't hurry, better read more and learn, use small sums to buy cheap coins for practice and wait till the market finally moves.

There is no such thing as "best time for newbies". You can join the market whenever you want. The earlier you join, the faster you will learn and the more experienced you will get. You might be making tons of mistakes at first, thus not being able to make any kind of profits. But, eventually you will learn from your mistakes and start making steady profit. And yeah, must start low, or else you will lose everything early.

Ninellechka

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Your emotional state is important of course, but the market's state is more important now. Even experienced traders feel confused at the moment. Not the best time for newbies. If you wanna start trading, don't hurry, better read more and learn, use small sums to buy cheap coins for practice and wait till the market finally moves.

yvesp110

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Quote from: blackhawkeye1912 on October 18, 2018, 07:59:06 PM

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.

Kobayashiko

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It's fine

Dilerium90

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Such a huge number of factors influences on trading, that emotions are only a part of an iceberg. In my opinion, as long as a person does not trade in half a year or a year and until he loses money, he will not be able to understand what trading is.

Thanasis

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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.

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.

Not possible always because of the volatility of the crypto prices which will make the trader to face loss in the long term but an experienced trader can make profits from more trades in his way by doing lot of analysis and using all of his skills in trading.And also don't trade all of your coins be a holder most of the time and just trade with portion of your investment.

ShowOff

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Quote from: mudasarali43 on October 23, 2018, 02:50:23 PM

There are so many tactics that are available to follow and the strategies if you follow the good strategy then you can earn a good amount of profits and if you have a good amount of profit then you have a lot of chances to earn the more and more ways to earn more money.

Each people have their own strategy, and if it is work with 1 people, not means will work on others. If OP ask how to trade maybe he should use his own trading strategy, which one is good for him and keep to use it.

anntlevel

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Quote from: d1ceplayer on October 22, 2018, 02:19:43 AM

Quote from: Crypto_Samuel on October 15, 2018, 08:50:20 AM

Quote from: SJJoh on October 15, 2018, 07:17:02 AM

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.

Trading is always confortable for us and will be comfortable only if we have the knowledge to make ways and handle things in any market conditions. Traders are following the Bitcoin and investing in it right now due to its low price availability traders find it easy to buy it on low price and high market makes us able to sell for profit. So, every market conditions have its own solutions and only those who have knowledge will feel comfortable in any conditions.

That is it! As long as it comes to trading, knowledge is something that is proportional to it. You cannot get anything from trading if you are not able to learn most of the things you need to learn so as to be able to make better trading decisions. As long as you end up skipping that part, it will always be a horrible experience for any individual who thinks he or she can just opt into a market and start buying low and selling high. There is more to market than just all of that and if you miss out on getting to know what to do at most point in time, you will really not like the outcome.

kissme09

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To make things even better you can buy your favorite Altcoins and then sell them at your desired price. Do not care about the market and create new exchanges when your sell order executed.

yecats

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Yes , it is really important to build your emotions when it comes to trading Wink

but don't just be confident have your technical analysis with you and by that you wil earn you confidence in trading Wink

don't just be carried away.

mudasarali43

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There are so many tactics that are available to follow and the strategies if you follow the good strategy then you can earn a good amount of profits and if you have a good amount of profit then you have a lot of chances to earn the more and more ways to earn more money.

charlotte04

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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.

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.

Trading in crypto is way too different that trading with a country's stocks. You may want to have an experience in trading crypto before you can be successful in it.

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