It is possible to make a profit by trading - page 6.

globalpain

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Quote from: panukurap on December 31, 2021, 02:44:20 AM

Great time to sell coins, from $3 to $10 you have already made a profit. Don't be greedy to keep waiting for it to go up because there is a bad chance that the coin will actually go down, so I suggest you sell it at a price of $ 10 even though the dollar is still uncertain. If there is an opportunity to sell as soon as possible, just sell it, don't waste time, but still make considerations but must move quickly.

Such a great increase and it will get a big profit if it decides to sell it,
no need to hesitate to sell it as long as it's profitable do it,
or maybe sell half of it and keep the other half but it all depends on each person's decision

panukurap

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Great time to sell coins, from $3 to $10 you have already made a profit. Don't be greedy to keep waiting for it to go up because there is a bad chance that the coin will actually go down, so I suggest you sell it at a price of $ 10 even though the dollar is still uncertain. If there is an opportunity to sell as soon as possible, just sell it, don't waste time, but still make considerations but must move quickly.

Mahanton

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Quote from: bhooscream on December 30, 2021, 05:50:59 PM

Very possible.
I personally do trading, but not a day trading.
We are here in the crypto world is commonly doing trading or investment both short or long term.
We can see our chances, ability, and our readiness when trading. Because we know that trading needs very high risk. We cannot ignore, but we can minimize losing by setting right analysis.
However if we always face losing it menas there is wrong with our trading ways or strategy. Try to find them and make better strategy

Active trades
Daytrades
Swing trades
Trend trades
Long term trades.

It doesnt matter because it is sharing on the common goal which is to make profits.It is really just having that main difference on duration and
this one implies different set of skill levels on a certain individual because this doesnt suit out for all.

You wont really sustain out if you dont know on how to deal with this very unpredictable market.

bhooscream

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Very possible.
I personally do trading, but not a day trading.
We are here in the crypto world is commonly doing trading or investment both short or long term.
We can see our chances, ability, and our readiness when trading. Because we know that trading needs very high risk. We cannot ignore, but we can minimize losing by setting right analysis.
However if we always face losing it menas there is wrong with our trading ways or strategy. Try to find them and make better strategy

nurilham

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In trading we don't always get profit, we will get failure too at the some time. If you want get profit in trading of course it is very possible if you want to try hard and do your best so it really depends on the coin that chosen and also how we can manage it. Not everyone can trade well but learning from a failure one can become better at trading. So it would be better if we could learn from failure to be able to trade better in the future. Upgrade your skills and also increase the knowledge about trading because it will help us better understand the world of trading.

Kasabus

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Quote from: FanEagle on December 30, 2021, 01:51:29 PM

Quote from: GoodLuckHK on December 28, 2021, 01:37:31 PM

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time.

I am glad that you you have managed to become profitable in crypto trading because many people are continuously facing losses and that is not a case for you. I guess now you must have understood that making profit from cryptocurrency trading is possible for anyone still we must need to make ourselves technically strong for facing the fluctuations of the crypto markets otherwise we might face more frequent losses compared to profitable trades.

Quote from: palle11 on December 30, 2021, 11:52:21 AM

The problem with traders as we are is that at the time of losses we want to start doubting our strategy and trying to change it but at the end when we change the winning strategy we return to huge losses.

This happens. Because, when you are facing losses then you will start doubting about the the effectiveness of your strategy which is the reason people are giving priority for fixing the strategy rather than continue their trading with same strategy.

Well, if you are making frequent losses from your present strategy, then its time to analyze the reasons of all your losses. If you think its not you but its on the strategy you are using, then maybe its effectiveness has gone out already. Sometimes, we also have to upgrade our own strategies so that it can still cater with the continuous changes in the crypto market. Its always possible to make profits in trading but most of the time, it takes good strategies and positive mindset of a trader that despite of all losses, making profits at some time is still possible.

Wawa2013

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Quote from: Fakhrulenclix on December 30, 2021, 10:11:31 AM

it all depends on the trading knowledge we have, of course we can't always get profits but when by learning the right trading knowledge we can minimize losses and take profits.
I myself have been trading for about 4 years, although not every day I get a profit but overall I can get a profit and it is very big because the crypto trading market price shifts are quite significant every day.

It is impossible for us to trade crypto without experiencing any losses at all, even professional traders must have experienced losses.
Therefore, experiencing losses when trading is normal and must be experienced by all traders, most importantly the amount of profit
we generate is greater than the losses we experience. So we don't have to make a profit every day to be a successful trader, as long as
we can minimize the losses we experience and the amount of profit we make is much greater than the losses we experience. That means
our strategy is good enough, but we can also try various trading strategies, choose the one we think can generate greater profits.
The conclusion is never stop learning, because the more knowledge we have the more opportunities to find trading strategies that
are much more effective.

FanEagle

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Quote from: GoodLuckHK on December 28, 2021, 01:37:31 PM

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time.

I am glad that you you have managed to become profitable in crypto trading because many people are continuously facing losses and that is not a case for you. I guess now you must have understood that making profit from cryptocurrency trading is possible for anyone still we must need to make ourselves technically strong for facing the fluctuations of the crypto markets otherwise we might face more frequent losses compared to profitable trades.

Quote from: palle11 on December 30, 2021, 11:52:21 AM

The problem with traders as we are is that at the time of losses we want to start doubting our strategy and trying to change it but at the end when we change the winning strategy we return to huge losses.

This happens. Because, when you are facing losses then you will start doubting about the the effectiveness of your strategy which is the reason people are giving priority for fixing the strategy rather than continue their trading with same strategy.

el kaka22

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Quote from: Ziskinberg on December 30, 2021, 09:11:55 AM

Quote from: GoodLuckHK on December 28, 2021, 01:37:31 PM

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?

Perhaps, it was not all the time the market is in good shape which we can say that we are always in profit from trading, it sometimes we also just lose. if we clearly understand this situation, it is not a thing to wonder why we suffer such a thing unless if we never know about trading. But what I think about your doings is that you need to have a plan, a simple plan will make things helpful to you as it guides you on what to do next. Make use of those mistakes that you ever made to make you better as this leads you into the way of success.

Of course there will be down times, and there will be up times as well. If you are getting into crypto then you are accepting the fact that you are not really doing profits all the time anyway. There are a lot of people who are looking for consistent profits all the time and they do not realize that it is not in crypto. Surely you have to realize sooner or later that you may end up with something in the long run, but in the short term you may end up losing sometimes.

I personally lost so much money if you look at it that way, but I made more than what I lost so this is why I do not feel that bad about what I am doing. In the end, if I have some money left over, that means I am doing fine, even if there are losses in the way.

palle11

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Quote from: Fakhrulenclix on December 30, 2021, 10:11:31 AM

it all depends on the trading knowledge we have, of course we can't always get profits but when by learning the right trading knowledge we can minimize losses and take profits.
I myself have been trading for about 4 years, although not every day I get a profit but overall I can get a profit and it is very big because the crypto trading market price shifts are quite significant every day.

If you have been making profit more comparing to your losses then you have to maintain your strategy that you have been using to get that profit. The problem with traders as we are is that at the time of losses we want to start doubting our strategy and trying to change it but at the end when we change the winning strategy we return to huge losses. My advise is that we understand that profit is not every day but a higher profit is guaranteed when we are steadily using a winning strategy despite its challenges.

Fakhrulenclix

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it all depends on the trading knowledge we have, of course we can't always get profits but when by learning the right trading knowledge we can minimize losses and take profits.
I myself have been trading for about 4 years, although not every day I get a profit but overall I can get a profit and it is very big because the crypto trading market price shifts are quite significant every day.

perfect999

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Quote from: GoodLuckHK on December 28, 2021, 01:37:31 PM

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?

I read your post for more than twice still I could not understand what you are exactly doing and what is your question.

Basically crypto trading is providing opportunity for anyone to make profits but only skilled traders are able to hold them and all others might be losing it in next trades. It means you can make profits from cryptocurrency or especially bitcoin trading one day or other but only if you have skills then you can make consistent profits.

It will be good if you add more detailed information of your current situation into OP so that this community could understand you in better way to address your concerns specifically.

Ziskinberg

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Quote from: GoodLuckHK on December 28, 2021, 01:37:31 PM

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time. Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?

Perhaps, it was not all the time the market is in good shape which we can say that we are always in profit from trading, it sometimes we also just lose. if we clearly understand this situation, it is not a thing to wonder why we suffer such a thing unless if we never know about trading. But what I think about your doings is that you need to have a plan, a simple plan will make things helpful to you as it guides you on what to do next. Make use of those mistakes that you ever made to make you better as this leads you into the way of success.

checkmatesir

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Trading is beneficial for those who have hold into it as you know that day trading is more unstable so it will be difficult for you to make cash by doing day trading. Trading can give you profit if you first realize about it and then start trading but if you do not have even a little education about that thing then you cannot make capital and on the other hand will loose your own cash too.

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Quote from: GoodLuckHK on December 28, 2021, 01:37:31 PM

Bought 3k$ from a seller with current price of k 10k$. However, the dollars have not been set at present. Currently using trading. So I think the most beneficial. What do you think?

Could you please enlighten me by explaining this part of your post. Did you avail loan of $3k from anyone or did you buy anything for $3k with the target of $10k or what you are mentioning here?

What you mean by the dollars have not been set at present? Set what or where? Really confusing to me.

With that money you are currently into crypto trading? I guess after you got from that seller, trading is beneficial to you now but could you add more on what you have changed recently to make trading beneficial to you?

Crypto trading is not usually profitable for active traders. But, it seems $3k has brought some significant changes into your trading and I am curious to know about that in more details.

michellee

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As a trader, we will face two things, win and lose and that is normal if we can not make a profit many times as the market will always change. If you can accept the loss and still try to recover it by learning more about the analysis, I am sure that it will be a matter of time to get your profit and minimize the loss. Many things you should prevent, such as greedy ( which will be the biggest thing that every trader needs to control ). Besides that, you always need to analyze and not just follow other people's suggestions.

Timmex01

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It is possible to make profits by trading just that you have to be focused and ensure you set targets for yourself, work according to your targets and manage your risk well. 😉 one other important thing to note is that, you don't have to be greed. The market is always there to make profits

darewaller

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Quote from: GoodLuckHK on December 28, 2021, 01:37:31 PM

I have been trading for a long time. However, it is not always possible to benefit. In some cases there is a possibility of loss. After facing huge losses, I have benefited again after a long time.

If you really bother about the gaps between the occurrence of profit in your trading then you should start focusing on improving your skills which must be possible out of continuous learning. If you ignore the lessons that you come across while trading in live markets then you may not able to achieve the level of profiting at more frequency. You knowledge level must be directly proportional to your success in crypto trading.

Quote from: aoluain on December 28, 2021, 02:58:02 PM

If you have the skills and the discipline to trade you should be able to make profits, if
you only have 1 of the 2 there is a big chance of loss.

Yeah, if profits in trading is all about skills then bots are enough to make anyone to be billionaires. Risk management is the thing which cannot be obtained by any learning process but only by experiences. But by strictly following the set of rules of risk management, anyone can remain discipline while trading.

Smitty Werben Man Jensen

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Quote from: tvplus006 on December 29, 2021, 06:46:40 PM

Quote from: GoodLuckHK on December 28, 2021, 01:37:31 PM

...Currently using trading. So I think the most beneficial. What do you think?

Almost all newcomers lose their money when they set a goal to increase their capital using toggles. At the same time, those who decide to use margin trading lose their money almost after one unsuccessful deal. This is not a place where you can make a profit without experience and knowledge.

Sometimes people don't understand this that trading requires a process to be able to make a profit,
experience and knowledge are also part of the process,
what is clear is that nothing is instant and we must really keep trying and work hard

Reid

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You bought something at P2P and was not given yet? I dont understand that part of your sentence OP.
Yes, perhaps thats the benefit of an exchange, assurance that the coin will be given to you at the right time without the doubt of being scammed as long as it is a trusted exchange.
About profit in trading though, its always up to the one who controls it. If you know what you are doing then profits will surely come.

Topic: It is possible to make a profit by trading - page 6. (Read 936 times)