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Topic: Income from crypto trading. (Read 3505 times)

full member
Activity: 634
Merit: 118
Bounty Hunter Indonesia
August 18, 2019, 05:29:55 PM
Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
I am the type of trader who dares to make a cut loss, maybe because of this also makes me almost never experience a huge loss when trading. Maybe I suggest a little for new traders to make a cut loss too if you start to feel a loss
full member
Activity: 798
Merit: 100
August 18, 2019, 05:03:34 PM
At first, I reacted very painfully to my losses. But then I realized that this is an integral part of my journey and that without mistakes and losses you can not get invaluable experience. Now I always try to be optimistic about all things and it has become easier for me to live.
newbie
Activity: 42
Merit: 0
August 18, 2019, 05:00:18 PM
Will have a look, thanks a lot for sharing. Any particular devices to have a look at?

My own favorites are Antiminer S17 and T17, but of course, better explore all the options to find the miner that suits you the best
newbie
Activity: 42
Merit: 0
August 18, 2019, 04:52:50 PM
And where did you choose? Can you recommend it?

I was choosing on Globemining com - they have a truly wide range of different devices for any scale of budget. So definitely have a look
newbie
Activity: 70
Merit: 0
August 18, 2019, 04:50:15 PM
Yes, I have. That's why I am saying that these many parameters matter

And where did you choose? Can you recommend it?
legendary
Activity: 1890
Merit: 1003
August 18, 2019, 04:47:36 PM
Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.

If I receive losses when investing, then I do not try to sell the coin, but I start to hold the coin in the hope that it will someday grow. You can of course be disappointed to transfer your crumbs to other coins, but there you can get losses. Better to keep coins until a better rate.
Hope is the enemy of the trader, investors may like it. Traders look for short and medium-term profits on the market, the other options are not interesting for the traders.  Expenses are expected due to the market volatility and increasing transaction fees but it worth to pay the costs if the profit/loss expectation crosses the planned levels.
newbie
Activity: 42
Merit: 0
August 18, 2019, 04:45:52 PM
And have you ever tried mining on your own? How did you choose the equipment, if so?
Yes, I have. That's why I am saying that these many parameters matter Smiley
newbie
Activity: 70
Merit: 0
August 18, 2019, 04:43:10 PM
In both. For example, talking about mining, I mean different costs and, of course, price of the equipment

And have you ever tried mining on your own? How did you choose the equipment, if so?

newbie
Activity: 42
Merit: 0
August 18, 2019, 04:37:46 PM
And what do you mean by factors in here? And what exactly do you mean, mining or holding?

In both. For example, talking about mining, I mean different costs and, of course, price of the equipment
newbie
Activity: 70
Merit: 0
August 18, 2019, 04:35:19 PM
Evening sir. From my point of view, much depends in here. Cause many more factors matter and higher experience is required

And what do you mean by factors in here? And what exactly do you mean, mining or holding?
newbie
Activity: 42
Merit: 0
August 18, 2019, 04:30:16 PM
Greetings there everyone. And do you only consider trading? In my opinion, alternative options like trading and holding are also rather interesting

Evening sir. From my point of view, much depends in here. Cause many more factors matter and higher experience is required
newbie
Activity: 70
Merit: 0
August 18, 2019, 04:29:01 PM
Greetings there everyone. And do you only consider trading? In my opinion, alternative options like trading and holding are also rather interesting
copper member
Activity: 44
Merit: 1
August 18, 2019, 01:32:14 AM
i guess bitcoin is the only one who is having the moment
altcoin season are far from real now Embarrassed

it depends on altcoin development. BCH is also good in times
full member
Activity: 612
Merit: 102
August 18, 2019, 12:14:25 AM
i guess bitcoin is the only one who is having the moment
altcoin season are far from real now Embarrassed
member
Activity: 714
Merit: 14
August 17, 2019, 11:42:10 PM
Cryptocurrency trading is also one of the lucrative avenues in crypto yet it requires great expertise in this field to make the best of it. There are two types, which is the short term trading and the day trading. The short term one is not made on daily basis yet not as long as the long term investment. Day trading is very tedious as it gets traders glued to their PCs 24/7 especially when it is done manually.
newbie
Activity: 1
Merit: 0
August 17, 2019, 11:35:40 PM
Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.
full member
Activity: 980
Merit: 132
August 17, 2019, 11:33:12 PM
Night all. What makes you still survive with the declining crypto market? How much optimism are you about the future of cryptocurrency? I would like to quote my experience when trading, namely never giving up when experiencing losses. How do you respond when you lose? Thank you in advance. Success for you.

If I receive losses when investing, then I do not try to sell the coin, but I start to hold the coin in the hope that it will someday grow. You can of course be disappointed to transfer your crumbs to other coins, but there you can get losses. Better to keep coins until a better rate.
copper member
Activity: 44
Merit: 1
August 17, 2019, 10:53:04 PM
It has a risc to gain or loss. Its upto your mindset Huh
member
Activity: 700
Merit: 10
August 17, 2019, 09:59:02 PM
The entire cryptocurrency space have to do with patents and not taking hasty decisions, am very optimistic that the future of cryptocurrency is bright and at that both trading and holding needs lot of skills and patents because if you have good trading skills you can still make profits at any period and no matter the conditions of the market because you will know how to fine your way and make good trading decisions.

I have tried to trade for sometime now and I can relate to what you said that trading requires patients cos there are situations where I have always made very hasty decisions and it has backfired. You can actually make profit while trading but it requires patients and dedication
trading was not easy for us.besides need patience and dedication we need speciall skill to able generate profits.not everyone could start and surivive in their trade journey, only 5% that could surive in market.if we prepared this well i am sure, earn profits from trading will easy to be done.

I agree that not everyone is suitable for trading. Maybe many people get profits from trading, but there are also many people who lose big because they do unplanned trading and are impatient in reading market movements.
member
Activity: 700
Merit: 10
August 17, 2019, 08:42:31 PM
Earning from crypto trading is depends on the expertise and good lucks, all the time we can't get profit, sometimes we suffer losses. If you have more than $1000 USD in BTC than can make a good profit and can also bear some loss but if you have little amount than can's survive and also can't get income from crypto trading.
with 1000 usd you won’t get a good profit, you need ten times more, then it will be good, at least 1 bitcoin, for such a small trade I would not even get into cryptocurrencies so as not to lose the last
If you're using btc as your pair then that amount is not that much indeed small sway won't give decent profits, and chances of getting trapped once the movements fall is very risky you need to work with learning the process first before going inside and trying to short in order to have a good position and to lessen the risk of losing your initial investment.
but if it is to trade with water other than bitcoin, that is, with altcoin, it will be more risky, with fast movements then everything is possible. but with a capital of $ 1000 and we want to multiply quickly, I think altcoin is better, but must have good experience in short-term trading
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