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Topic: It's hard to get profit in crypto trading. - page 2. (Read 3033 times)

full member
Activity: 438
Merit: 100
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.
My strategy is look for coin that has an incoming news amd buy it on a lower price it will be pump before or after the event so I must hold it, second I will look in the indicator once it was on a very dip I will buy it because every coin that has been down it goes up and third always look in the volume and indicator and candlestick pattern you will see if it was uptrend or downtrend.
full member
Activity: 936
Merit: 100
I think maybe there are several factors that make it difficult for you to get profit in crypto, maybe you don't choose good and potential crypto coins. I think many traders get profits from daily trading because they have good crypto. try to select good crypto and correct your error
member
Activity: 415
Merit: 10
Colletrix - Bridging the Physical and Virtual Worl
Being patient and open minded will help you to lessen your frustration in crypto trading especially for beginners. This world is volatile, its changing from time to time sometimes you feel success but of course its unavoidable to experience dismay.
be patient, because movements can change at any time and therefore we must focus on monitoring them to find out when the right time to profit.

trading will be difficult if you don't know a good strategy, because you have to move fast but be careful.
full member
Activity: 1750
Merit: 118
Its easy to take profit with trading because if you have much money you can easy to get little profit just few time, always buy some coin have higher volume and always active when price higher sell soon.

Everyone including the op says that crypto trading is hard but you are different from them because you think trading is easy if you have lots of capital ,well id say that capital plays a vital role but trading needs more than capital  . You need to be mentally , physically and technically focused but the problem is that most traders lack one of this good traits  . In order to become successful in trading you also need to be successful in mastering the three traits that I mentioned earlier .
jr. member
Activity: 518
Merit: 3
Crypto trading is a different soil on its own. You have to acquire it by getting yourself trained, where your astuteness is also needed.
There are other accompanying requirements if you really want to succeed in trading. I call some of those requirements attributes.
When trading you should not be emotional else you might lose. Also you need to be very patient, which is an important attribute.
member
Activity: 616
Merit: 10
Being patient and open minded will help you to lessen your frustration in crypto trading especially for beginners. This world is volatile, its changing from time to time sometimes you feel success but of course its unavoidable to experience dismay.
94K
member
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
I will say yes or no. Yes because its quite hard to get profit in crypto trading because if you don't know much about the coins, then its useless. You need to know the type of coin and no because you gain more profits when you trade in a high selling coin.
member
Activity: 364
Merit: 10
I think  before you start anything, you need to analyse the coin first and know its worth. It needs skills and expertise to get profit in crypto trading.
member
Activity: 284
Merit: 10
I can say yes it is hard to get profit from trading since I have no experience , and I try to learn about it.
But some people say not that hard .
full member
Activity: 580
Merit: 101
Its easy to take profit with trading because if you have much money you can easy to get little profit just few time, always buy some coin have higher volume and always active when price higher sell soon.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
To get profit in crypto trading, you should have skills to determine the good price to buy and sell so you will have a chance to make a profit. But if you have fewer skills than the other people, I think you can make those profit as long as you can buy low and sell high and don't greedy. Your skills will improve if you can trade in every day and that will make you learn more about trading by analyzing the market so you can get better skills.
member
Activity: 938
Merit: 14
Earn more with Earn Network
Crypto trading is one of the difficult tasks especially when it is Day-trading  which is also done manually. It requires the trader to stayed glued to the PC 24/7 in order to know the market trend. Traders must also spend some time to study the coins suitable for trading within a particular period of time.
jr. member
Activity: 616
Merit: 1
It's dependent on a number of factors such your knowledge of trading, the size of your capital because many a times you see people who want to turn $100 into $10,000 overnight.
sr. member
Activity: 1162
Merit: 251
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.
Why do you only trade in ETH and LTC. Are not many altcoins able to get big profits. Try trading in a number of altcoins, because with that you can get profits from every increase in altcoin. And you must have a strategy in every altcoin that you trade.
if you feel the price movements are moving slowly now, then my advice is you have to increase your capital to increase the profit you get, when the price is stable, of course the risk will be lower right, so increasing capital is not something you need to worry about.
full member
Activity: 304
Merit: 100
I think it is better to analyze the coin first. We should know how the coin behaves because we can determine if it is a good coin or not depending on its behavior. A good coin does not fluctuates with a very high range because it sticks on its original price as far at it can. We should choose a good coin for us to have a good trading experience.
member
Activity: 658
Merit: 10
We all going through the same situation like you. Because of the volatility of cryptocurrency, it will be harder to choose the right time for invest. And i also suffered from losing a lot because of this down trend. But i still believe that crypto will be back to its good price.
full member
Activity: 966
Merit: 111
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.
Why do you only trade in ETH and LTC. Are not many altcoins able to get big profits. Try trading in a number of altcoins, because with that you can get profits from every increase in altcoin. And you must have a strategy in every altcoin that you trade.
member
Activity: 560
Merit: 10
“A nexgen decentralized ride hailing ”
Trading is a very difficult task and requires experience. You can start learning how to trade by involving in sites that give you free crypto to learn how to trade. If you gain the experience, then you move on to other sites to use your own money.
yes it's not easy to do Crypto trading, there are many risks there so if you don't understand, you are easily exposed to risk.
but for those who are experienced they know how to trade well so they can use it.
member
Activity: 546
Merit: 11
Trading is a very difficult task and requires experience. You can start learning how to trade by involving in sites that give you free crypto to learn how to trade. If you gain the experience, then you move on to other sites to use your own money.
full member
Activity: 728
Merit: 110
on the current local bull run trading is easy, altcoins are showing nice trading patterns. Just take some basic technics and you are making good profits.
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