Income from crypto trading. - page 23.

shinharu10282016

full member

Activity: 700

Merit: 100

Quote from: Ailmand on May 08, 2019, 02:31:24 PM

Patience is the best investment that I ever had here in crypto world. You'll gain nothing if you'll quit. The moment I enter crypto trading and investing, I have kept in mind that there's a big risk that I'm taking

The cryptocurrency market is so cruel for both big time and small time traders that it teaches such things to them. That whenever you feel like giving up on your losses, you might as well not. Trading is a battle of patience and knowledge.

Ailmand

hero member

Activity: 1274

Merit: 519

Coindragon.com 30% Cash Back

Patience is the best investment that I ever had here in crypto world. You'll gain nothing if you'll quit. The moment I enter crypto trading and investing, I have kept in mind that there's a big risk that I'm taking but as the market situation gets better, my hopes are getting bigger as well.
Dealing with the changes in the market with a positive mind is the best thing that we could do.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: raden1922 on May 08, 2019, 01:17:26 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.

Just keep moving forward, always treat your mistakes as your learning progress, lots of people survive from this field keeps trying their best to learn from things that supposed to be their mistakes, you just need to be specific and always find yourself comfortable with how you build your knowledge.

mrdeposit

hero member

Activity: 1358

Merit: 509

For surviving in the bear market trader need to accept right decisions based on the latest technical and fundamental analysis. It is not easy to accept the fact about failure rate on the crypto trading but this makes the market more strong.

BUK2016

full member

Activity: 770

Merit: 126

Trading in crypto currency is not an easy job as it require a lot of patience and knowledge about the market before you make an informed decision. Some of us have made a lot of profit through crypto currency trading although I must confess that there are some times I made looses but the profit is more than the lose put all together.

bassbity

sr. member

Activity: 1092

Merit: 284

The benefits of trading for me are not much because there is no large capital that I always hope is only from Bounty because of the good profits for me.

butka

full member

Activity: 434

Merit: 246

It is all a matter of perspective. It depends how you approach the crypto trading.

If you treat your trading as business, then your losses are nothing else but business expenses, but

if you treat your trading as gambling, then your losses can really be devastating.

I like to take the first approach. But then, in order for your trading to be a business, you have to develop a trading system. Your trading has to have a well defined structure. By structure, I mean you have to have a well defined entry and exit, there has to be a confluence of different objective factors that tell you when to enter and when to exit. You have to mitigate risks by using stop losses. You have to have an impeccable money and risk management. If it is a business, you can't risk too much of your money at any particular trade, you have to play the long game (not the get rich quick game), and so on.

hummer113

member

Activity: 686

Merit: 10

The main thing is not to despair, and not to invest money that you cannot lose. Bearish trend will end sooner or later, and then again begin, the main thing that the crypto is not dead.

JuliaJi

full member

Activity: 896

Merit: 103

I have a little profit from bounties, also searching currencies which have good volatility and trading with profit, but sometime trading becomes to holding

[email protected]

newbie

Activity: 29

Merit: 1

Quote from: raden1922 on May 08, 2019, 01:17:26 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 don't agree that the market is declining. It was declining up until few months back when it hit the bottom. Right now it is steadily growing.

You only experience loss when you cash out or withdraw. If you HODL then you just have to be patient.
In my experience, it's a lot less stressful to just buy somewhere at the bottom then wait few years for a bullrun. In the meantime if you dont have cash, get a job or do something

raden1922

jr. member

Activity: 294

Merit: 1

Colletrix-Bridging the Physical and Virtual Worlds

Quote from: okala on May 08, 2019, 01:22:56 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.

When we have entered the trade, we must be very prepared with all the risks involved. One of the risks is loss of money or time. I am also optimistic that the future of the cryptocurrency will be bright, because of the rapid development of technology from day to day. That's the main reason I still stick with the situation. All processes of success require struggle and also a time process that is not easy. Spirit!

qazgroup

member

Activity: 1022

Merit: 20

RiveMont

As i am not into margin trading so im not much concerned about loosing trades because in the end you can still have btc and eth i mean even if you buy any alt and that end up in loss you can still exchange and get btc so in the end you may have lost some percentage of btc but at the same time you can earn that back from other trades.

feryjhie

hero member

Activity: 882

Merit: 595

for me, i always optimistic whether i lose/profit from trading and if i lose from my trading i always think that is a part of learning to get better on trading

okala

full member

Activity: 980

Merit: 114

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.

raden1922

jr. member

Activity: 294

Merit: 1

Colletrix-Bridging the Physical and Virtual Worlds

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.

Topic: Income from crypto trading. - page 23. (Read 3491 times)