It's hard to get profit in crypto trading. - page 11.

JeffBrad12

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Quote from: sri.bima on June 13, 2019, 02:26:46 PM

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

I was doing swing trade on medium altcoin and i can earn more than 0.05 btc in a week and some times i can earn more than 0.2 btc easily. If you are a small user and then big coins will not suitable for you. go for another altcoin that is not placed at the top of coins. You can do a swing trade.
I thought that if you have bought ltc at the dip and you must have got easy money but it looks like you don't use a lot of amounts to trade.

luigi3

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Quote from: sri.bima on June 13, 2019, 02:55:59 PM

Quote from: kingzpro on June 13, 2019, 02:31:41 PM

Yes trading is hard my dear, i have tried trading many times as well and everytime i end up by stucking in trades that go deep against my position so in the end i need to hodl that is why i have decided to just hodl and try to take profit during each bull season, trading is not everyones cup of tea.

Yeah,, It's difficult, but crypto trading has also been done by many people. And there are certainly opportunities to make a profit. How long have you been trading and what coins have you traded up to now? Thank you for the experience.

Just like bounty ,for me bounty is kind of a true job you need to do their task before you will get your perspective rewards,trading is so hard because the market is really unpredictable so you better do another thing to earn in crypto.

Pagri

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Well, it must be taken into account that the only way in which profits can be obtained in a speculative market is through volatility,and these days it seems that the market is taking a breather after the great intensity observed in the months of April and May. And this was to be expected, because there is no market that can sustain such a vertiginous rhythm in a permanent way, because investors also need to take a break to rebalance their assets and rethink strategies, so we could also take advantage to take a well deserved Summer break before returning to the beautiful roller coaster that is approaching.

adzino

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Yeah it is hard to get profit from crypto trading. If it was actually very easy to make profit from trading, then everyone would quit their job and get involved into full time trading. Though, it is true that with time and experience, trading might seem more easy than before as you will start to get more familiar with the market.
The best strategy to follow is to always set a specific profit/loss goal for a day. Whenever those goals are reached, stop for that day.

jigzaheedcoin

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Quote from: sri.bima on June 13, 2019, 02:26:46 PM

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

I know there's hardships behind all past weeks, but don't give up on your asset. Take those opportunities that will do such great things specially on those cheaper valued coins, you should buy and hold some of them. Don't expect quicker profits for now, and instead of having quick tradings try to choose long term holdings of your investments. We shouldn't rush all things out, there must be patience in every aspects in life because one day you'll be rewarded by it.

Handsome Boy

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Quote from: sri.bima on June 13, 2019, 02:26:46 PM

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

in my opinion it is very good at least you have got a profit, but if you want to get a bigger profit then I suggest you not to trading by buying ETH and LTC or other biggest coin (coin which is in the top 100 coinmarketcap), but you invest in coin that are in the top 300 - 1000 coinmarketcap, so I'm sure the profit you get will be greater even though the risk is also greater than you investing in ETH and LTC.

sngwinner

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I always prefer not to trade by coins since it requires a lot of time and knowledge to actually make some profits. I simply buy and then hodl for long time. In that case, I avoid the risk of losing your investment because of wrong predictions in trading

andieoke

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Trading will be easy to get profit when the market conditions are crowded and the price chart is rising, but if it is in reverse conditions it will be difficult to make a profit. I think that is normal in Cryptocurrency trading. So we have to stay calm, patient and keep up the spirit. We wait until the price rises again, then we sell the tokens or coins that we hold, to get more profits.

seleme

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Quote from: Seth2009 on June 13, 2019, 04:52:05 PM

Quote from: sri.bima on June 13, 2019, 02:26:46 PM

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

Theres a lot of other altcoins that u can trade aside from ETH and LTC.... because mostly, if the major altcoins are on dip, some altcoins goes high.... Crypto trading is really difficult if u dont have enough knowledge in doing it... But, if you know evrything about crypto trading, even if its red market u will still gain profit... Just continue to learn you can still gain on red market..

Red is reflection color of sell orders and pro traders jump to the market for placing a buy limit orders on accumulation price points. Shorting the market is also another version of taking advantage of downtrend, it requires more skills than buying blindly.

Twinkledoe

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Quote from: Seth2009 on June 13, 2019, 04:52:05 PM

Quote from: sri.bima on June 13, 2019, 02:26:46 PM

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

Theres a lot of other altcoins that u can trade aside from ETH and LTC.... because mostly, if the major altcoins are on dip, some altcoins goes high.... Crypto trading is really difficult if u dont have enough knowledge in doing it... But, if you know evrything about crypto trading, even if its red market u will still gain profit... Just continue to learn you can still gain on red market..

That's what I wanted to say, don't focus on eth or ltc alone, there are other altcoins or even bitcoin that you can short trade and get more profit compared to what you had. Look for altcoins with wide gap of change in the market, not in the declining stage but rather with the upward movement. Trading skills are not earned overnight. If you want to know the ins and outs, you should learn it slowly but surely.

eagleman

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Quote from: sri.bima on June 13, 2019, 02:26:46 PM

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

Is there a problem with your strategy?

These two coins has been pumping for the past weeks so I can't understand that you are not satisfied with their moves.

Buy reasonable coins and these two is also one of the best for alts, how much your max capital when you trade?

tenakha

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I do not think so. This week LTC showed resistance that it had not shown for a long time. The price is already over $130 (must be from the influence of oncoming halving). Also pay attention to the interest not the amount you earn. The earned money grows with your investment.

Seth2009

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Quote from: sri.bima on June 13, 2019, 02:26:46 PM

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

Theres a lot of other altcoins that u can trade aside from ETH and LTC.... because mostly, if the major altcoins are on dip, some altcoins goes high.... Crypto trading is really difficult if u dont have enough knowledge in doing it... But, if you know evrything about crypto trading, even if its red market u will still gain profit... Just continue to learn you can still gain on red market..

Oilacris

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Quote from: sri.bima on June 13, 2019, 02:26:46 PM

This week it seems difficult to benefit from trading ETH and LTC, even I only get no more than $ 40 this week. Let's discuss and share a reasonable strategy. Or a suggestion to buy your preferred altcoin. Thank you all.

Just be thankful that you have at least made up some 40 bucks this week rather than having a hanging losing balance.

Reasonable strategy?It does matter on each of everyone because a certain strategy might work for other might wont work on your side.
So,if I were you then better stick out with your own trading style.

pinkpanther03

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Looking at the charts, the prices of eth and ltc are on an upward trend. Short trading is profitable at this point of time. Bitcoin is over $8,000 again for the second time this year after falling last week. However, you need to evaluate your strategy in short tradinh to improve and have bigger profit.

toast

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Quote from: drumamat on June 13, 2019, 04:24:33 PM

It's probably a trivial answer, but nevertheless try to keep the litecoin, and Ethereum for as long as possible in your portfolio.As You can see, the market is slowly but surely turning green.

quite sure that the market will indeed be increasing again and again slowly. this also requires a fairly long process. because of the increase in crypto some people have been waiting for.

Starfranko

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Trading in crypto-currencies is not a business for all comers. It requires strategy and tact to make it within the crypto-currencies space. The market is volatile and full of uncertainty

drumamat

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It's probably a trivial answer, but nevertheless try to keep the litecoin, and Ethereum for as long as possible in your portfolio.As You can see, the market is slowly but surely turning green.

cherryganda

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it is very hard as from what we are seeing now.
as we can seee, once a coin nor token had been listed to any exhcange that is the best thing that we can had. just to exchnve and be prepare!

pixie85

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In case of LTC it was best not to try to fight the trend and keep on trading. Before halving all coins are being pumped so when you knew LTC halving was coming it was best to buy some and hold. Since May the price was increasing steadily. Even if you bought last week at 100 dollars you could easily sell this week for 120 with a 20% gain.

What's difficult about that?

Topic: It's hard to get profit in crypto trading. - page 11. (Read 3033 times)