Topic: it's hard to sleep because of thinking about something - page 4. (Read 660 times)
short term trading does require more time both for technical or fundamental analysis or spending time looking for newly released coins (maybe on presale or early listing on market) because coins that have just been released and have a good project or good community can give you profits in a short time
It's not that hard actually, you need to put sell orders on levels which you can decide before by learning previous levels. I agree that short-term trading is not easy and also very stressful. Even when the price is not fluctuating much, we will be always thinking that the price might pump now or now or now.
So put a stop loss if you are not afford to loose much and also put sell orders wherever you feel good to sell.
So put a stop loss if you are not afford to loose much and also put sell orders wherever you feel good to sell.
Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
If often to do short-term trading, well, I can say it sometimes works, but not all. If you are already satisfied with the short-pump after buying, you'll have to take it. Many people say short-term trading is too time-consuming, and it turns out to be true
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How to deal with a situation like this?
You need to adapt to the situation, you must have to accept that the market will never keep the uprising trend all the time nor it stay on the downtrend. If you were able to take that, then you already win over your emotions which is very important in trading. What I could say is that you have to keep positive, patience is very important.
Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
Just move on, there's no need to worry and think of any regret that has been done and passed already. Look forward what are the possibilities that might happen in the future and there's a probability that you might click on it. But if you've missed already quick big pumps then just forget about it and learn that if you have invested earlier, you are already in profits and might be cashing out already. Just look for another opportunity that might on your door with other cryptos. Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
Yes your right short term trading is time-consuming and very stressful but it can be mitigated through charting if you are good at it, well it can give you some decent profit, but still, a decent amount is needed to start, "buying in the dips and sell in the highs" but not all the time it can be practice sometimes you need to catch up things so that you will not lose further by the way we are still in the bullish market condition so the market now is not that hostile to be handle.
Note: For me holding is much better no stress just sit, wait and relax.
Drugs. Haha. Just kidding.
You are just too excited. Savor those moments. When you get used to it, you will have better sleep. In fact, you will sleep more and become bored about waiting.
Somehow, you think every movement is just too slow. Then, you will stop thinking about it and move on a different coin, get excited again then get bored again.
That's how trading short-term life would be except if you are sticking with one coin that's so special to you.
Though most of the people that fell in love with altcoins do hodl them long-term.
You are just too excited. Savor those moments. When you get used to it, you will have better sleep. In fact, you will sleep more and become bored about waiting.
Somehow, you think every movement is just too slow. Then, you will stop thinking about it and move on a different coin, get excited again then get bored again.
That's how trading short-term life would be except if you are sticking with one coin that's so special to you.
Though most of the people that fell in love with altcoins do hodl them long-term.
In my opinion, you need to separate some tokens for trade and some for hold. It is better to sell the tokens you take for trade at a low profit. And if you have selected the token for the hold, then it will be a good price and wait for the time.
Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
I had the exact same problems like you, when I first started out with trading I only traded stock and became so anxious that price would drop while I am not watching. So I couldn't sleep at all anymore because I kept constantly checking the market on my phone. My first idea was just to stay invested overnight. I bought and sold only intra day and closed my positions after everyday of trading. Unfortunately transaction costs are just too high to keep doing it. Now the best approach for me is to just invest long term and accept the fluctuations.
I think you already know the best advice you can receive here: to be active on the internet, always checking the prices and last fluctuations of the market. It's the best way to increase your chances of success in crypto currency, although it's not a certain, because you can watch the market all day long and it could still suffer an unexpected fall, frustrating the plans of short run traders.
If you want something safer, less time consuming and more relaxing, think on long run trading and don't expose yourself too much in short run trading. In my opinion it's the same as gambling.
If you want something safer, less time consuming and more relaxing, think on long run trading and don't expose yourself too much in short run trading. In my opinion it's the same as gambling.
There are reasons behind every sleepless night, it could be excited or too much worry. As human, it is normal to undergo such thing most especially if we think too much. Best way to do is understands everything, be knowledgeable in different thing for you to be confident enough in every decision you've make. Trading is not that easy to do, that is why it is good to understand every steps or process.
One thing that needs to be done in a long-term investment is, own the coins, and forget about them for a while. Checking prices every time will not help you get excited, it can even cause FUD in you. try to keep yourself busy with other things if you plan to hold back in the long run. however, if it is for the short term, then you need to target a specific price and check the price at all times.
I think you already know the best advice you can receive here: to be active on the internet, always checking the prices and last fluctuations of the market. It's the best way to increase your chances of success in crypto currency, although it's not a certain, because you can watch the market all day long and it could still suffer an unexpected fall, frustrating the plans of short run traders.
If you want something safer, less time consuming and more relaxing, think on long run trading and don't expose yourself too much in short run trading. In my opinion it's the same as gambling.
If you want something safer, less time consuming and more relaxing, think on long run trading and don't expose yourself too much in short run trading. In my opinion it's the same as gambling.
Either you are too excited to see what you expect to happen or too stress because you don't know what will happen. Doge is a stressful coin to trade so are the ones that quickly got up there like SHIB.
My sleep is always disturbed all the time because every time I wake up in the middle of the night, I have to peak the prices. It ain't fun because sometimes I can't go back to sleep anymore when I see something is interesting.
Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
Dont be worried. The alt season is barely starting. You just buy those not yet going parabolic and still be able to pump. I'm not advising to do it, but if you are that worried that you can't seize the chance and opportunity then why not risk something. Short or long term depend on your goal. I have some long term coin and short term coins that I am doing right now. Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
You just need to balance your fund and think which are good for long term and short term gains.
Take a longer view approach to trading. If you’re worried about missing out on sleep to trade then you’re doing to much. Most of my successful trades were multi-year trades. While that may be a bit longer than most have the tolerance to endure, even if you select the next Bitcoin, you’d miss out on having Diamond hands by trying to trade for profit.
in my opinion if what you do is short term trading it's better to trade only when you're in work hour, i mean don't let the coin left unconverted to stablecoin while you're sleeping since it seems you're also dealing with pump and dump coin which rather depends on your luck. another solution is maybe to use bot that you've configured before hand so at certain event it will go off and automatically execute trade order because honestly, short term trading is quite risky not to mention if it's some shitcoin because frankly speaking short term shit coin trading is fancy gambling.
no good advice, because nothing can be done when you choose the short term. You have to focus on paying attention to the situation all the time and it's all very tiring. but maybe you can use SL,(stoploss) for every coin in your portfolio, the goal is that you can be a little freer and less attentive all the time. If the price suddenly crashes, you can minimize the losses thanks to it.
Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
What if you would lose by short time trading? what if you would buy at top and sold at bottom and halved your wealth in few days time? Would you continue it and lose 70% in a week? How you would felt then thinking, maybe I should listen people and not day trade. Actually everyone should try day trade. That is best way to learn that it dot work.
If you are into short term trading, you need to be easy with margins and futures. You can't have a significant difference without them.
But short term trading have just a small edge over gambling provided you are good with technical analysis and predicting the market through charts and other metrics. If not, taking margins or going for shorts or longs would have much lower odds than 50%.
But short term trading have just a small edge over gambling provided you are good with technical analysis and predicting the market through charts and other metrics. If not, taking margins or going for shorts or longs would have much lower odds than 50%.
Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
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