Topic: Income from crypto trading. - page 19. (Read 3491 times)
I'm a core trader but most times I prefer mid term trading rather than day trading. I combine TA and FA to make my picks, and once I buy, I place my sell order at my sell target immediately and wait for it to be bought. I don't trade without stop loss too, usually -5% and I don't normally sort for very high gains. This way I win 70% of my trades to be candid, because sometimes it's usually not favorable especially when there is an unexpected FUD. so income from trading has been cool for me, slow and steady.
I have always had the feeling that despite the huge reduction in the crypto market it has the potential of rising again so I invested some amount of money into some cryptocurrencies and it is paying off real good. I have lost in cryptocurrency trading before and whenever I encounter such loss I see it as another part of the game which you need to embrace.
Never be emotional when it comes to cryptocurrency investments.
Never be emotional when it comes to cryptocurrency investments.
Income from cryptocurrency can be obtained and this is a fact. But it is very important not to play and not be greedy. There are situations where you can earn but there are situations where you will have no other way out but to lose your capital. This is a normal practice.
If you want to retain your optimism view about cryptocurrency or its trading, you first of need not to set ambiguous expectation for it. See it as a normal business with two sides and when trading, always try to put what you can afford to lose and do not be greedy.
Now the best way to earn money is to invest in Bitcoin and forget for a few years. And after that wake up a millionaire. I think it's not so bad. If you do not want to wait, then you need to go to the exchange and trade.
Crypto trading is now the best way to earn massively within the crypto ecosystem. Having a strategy and knowing the exact cryptocurrency to trade are the key elements needed to be a successful trader considering the state of the crypto market. Trading is very profitable compared to hodling your coin for a long time.
I am not so sure that is true, anyone that has been holding his coins for a few years is getting profits right now and the only thing you needed to get those results was to be patient and keep buying bitcoin, in the other hand most traders lose all their money in just a few years and many never recover it, so while trading offers everyone the possibility of earning money the truth is that it is a lot harder than many think and only a handful of traders have good results and most of them cannot compare to the results long term holders have gotten.
A feeling of regret that is too strong will not give a positive thing, but if we look at it from a different perspective, there will be good opportunities in the current market conditions. Losses are quite difficult to predict, but if we work hard to improve the situation by staying calm and full of strategy in trading. I am sure the loss will be replaced, even more than that.
Good thing you are an optimistic crypto trader. That approach will also give positive results. But we can't just let our losses eat our fund so being positive plus gaining strategies and acquiring additional knowledge is still the best steps to regain the losses.
Figure out what"s the problem and what is your weaknesses in trading so that you can learn from it and will improve your future trades.
Figure out what"s the problem and what is your weaknesses in trading so that you can learn from it and will improve your future trades.
If you have had losses in trading, it is normal, what breaks from normal levels is that your losses do not stop and you always do it, without changing your strategy, because if you keep losing, many things you have to be doing wrong.
This is why knowledge about portofolio management is important as learning how to pick a good coins as well. Many of us know which coin has a potential to grow, unfortunately only few of us clearly understand when to change strategy and what kind of strategy we need to apply.
Crypto trading is not something to rush into. Market needs a lot of dedication and trader has to calculate the maximum loss and profit. I sometimes weigh my loss to profit which i think it's good we put that in consideration while trading.
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 believe that the declining crypto market will not last forever and that will be ended no matter if it's a long time or not. What makes me can survive in these situations is because I keep trying to see opportunities from trading and I still searching the right coin to trade and make a profit. I know that it's hard, but without trying, we never know. I still optimism with the future of cryptocurrency and I will not give up and lose my chance to wake up in hard situations. It's hard to accept the loss but that is what we need to receive, and we need to try again and again. I am sure there will be a chance for us to turn back our loss into our profit.
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.
There is a way to always be able to make profits, without affecting you if the market goes up or down, it is very simple, you must speculate, for this, you have to take into account that you have to have an Exchange account that allows you to trade with margin trade and allow to put in turn the options of:
1-Take Profit
2-Stop Loss
Both in one position, what you must be careful of is leverage, because it is usually a double-edged sword.
If you have had losses in trading, it is normal, what breaks from normal levels is that your losses do not stop and you always do it, without changing your strategy, because if you keep losing, many things you have to be doing wrong.
Until very recently I have seen trading as a business, not as a system to make me rich, I prefer to do tradgin than having a business where I have to invest and open it every day, to expect a profit of at least 10% per year, when trading you can make that profit or more sometimes only in 1 operation.
So if you have that problem, what you can do is change your strategy, study the market in another way and have an Exchange that gives you the confidence to operate and have more options to trade.
Need patience in the crypto market, losing is not the end and there is still time to win, and most importantly, do not rush but need a strategy.
When I lose I will try to stop and try to make my mind fresh. I tried not to panic because it could make me make the wrong decision. Crypto trade, in my opinion, is full of challenges and fun. But with the current market conditions, of course, it will provide more benefits and make me excited to trade.
Well, it depends on the coin you are trading, if it was bitcoin, then there won’t be need to panic sell because there is total assurance of recovery of loss when the increase comes, which is inevitable, but we have some coins that you cannot blame yourself for when you panic sell, especially some coins that keeps dumping continuously without appreciating, so the better you stop your loss by selling, the earlier the better before you lose it all. I have some experts that are very good at risking shitcoins to trade, there is no way these ones will not panic sell when it is necessary, or else they will be a victim of total loss.
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.
As a trader, you need to take advantage of all time of the market, whether the market is experiencing a bull run or even a bearish market, all we need do is to study the market closely and get ready to swap between to stable and other coins in order to make profit once we have a bearish market, but you don't need to do this once there is a bull run in price because it might get to some point that you would be stuck after a massive bull run. I always support this point of view. It may seem strange, but the bear market managed to give us many advantages - people started to work, not simply investing in cryptocurrencies and waiting for the time when they go up and the profit can be taken.
The new methods of making money on cryptocurrencies appeared. Life has become more active again I think.
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.
the people who are came along with the beginning of Bitcoin will definitely trade successful and then you people will be little bit struggled to get the success discuss the market is like that but once you have experience in this the same result will came for you to get the exact profit that you want after your trading 
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.
There is a way to always be able to make profits, without affecting you if the market goes up or down, it is very simple, you must speculate, for this, you have to take into account that you have to have an Exchange account that allows you to trade with margin trade and allow to put in turn the options of:
1-Take Profit
2-Stop Loss
Both in one position, what you must be careful of is leverage, because it is usually a double-edged sword.
If you have had losses in trading, it is normal, what breaks from normal levels is that your losses do not stop and you always do it, without changing your strategy, because if you keep losing, many things you have to be doing wrong.
Until very recently I have seen trading as a business, not as a system to make me rich, I prefer to do tradgin than having a business where I have to invest and open it every day, to expect a profit of at least 10% per year, when trading you can make that profit or more sometimes only in 1 operation.
So if you have that problem, what you can do is change your strategy, study the market in another way and have an Exchange that gives you the confidence to operate and have more options to trade.
the technology developed by cryptocurrency is what keeps me going that the future will be much better over time, because it is increasingly advanced technology that will be used by many of us, including cryptocurrency in the future.
loss is not my reason for giving up but for future lessons so as not to make the wrong decision for every opportunity that exists and in analyzing a coin as my investment, so that in the future when the market has grown I am sure I will be able to get many profit and benefits from cryptocurrency.
loss is not my reason for giving up but for future lessons so as not to make the wrong decision for every opportunity that exists and in analyzing a coin as my investment, so that in the future when the market has grown I am sure I will be able to get many profit and benefits from cryptocurrency.
Daily income is totally different encrypted field because the profit will only came for you with huge amount but it takes sometimes but the traders only make the income very very quickly so the income from cryptocurrency are also been useful for me my life.
Crypto trading is now the best way to earn massively within the crypto ecosystem. Having a strategy and knowing the exact cryptocurrency to trade are the key elements needed to be a successful trader considering the state of the crypto market. Trading is very profitable compared to hodling your coin for a long time.
trading will be beneficial for people who understand a good strategy, trading will be difficult if someone does not understand the strategy.Daily trading is also rather difficult to get profits compared to traders in the medium or long term, to wait for a pretty good coin increase.
experience is needed so that for beginners it is very difficult to make a profit if the knowledge is not too high.
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