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Topic: It's ok if your profits are less - page 3. (Read 2005 times)

sr. member
Activity: 1914
Merit: 328
July 28, 2020, 12:10:10 PM
When you are new and you do not have good skills and you do not want to take any kind of risk then you can make less profit which will be the best decision for you. On the other hand, when you invest more and have the ability to take risks, you will want to make a lot of profit because then you will not be satisfied with a small profit.

It can be said that everything depends on your aptitude and skill which will make you more or less profit.
Even when you are experienced and well versed into the trading scene, I would still suggest to contain yourself with small profits because I have seen a lot of traders who just want to chase massive profits and I actually call them gamblers because a gambler also does the same, he either wins or losses but that is not how a trader should think. A trader must understand that when conditions are unfavorable you must dissolve your coins for even a minor loss and make up for that in next trade.

A trader who chases big profits is nothing but a gambler who believes he is trading because ask any traders and read any books no one will ever suggest to chase big wins/profits in trading in the long run. I understand sometimes you feel positive with a trade and may wait longer for extra profits but that must be only when you feel strong about it.
sr. member
Activity: 1610
Merit: 264
July 28, 2020, 10:56:01 AM
~
I could've stopped thinking too negatively when I was day trading if I got the return of at least a cent.  Grin
As a beginner that day, a small profit is already a satisfaction knowing that you're doing it right but meh I've traded Cardano , ETH, and other top alts in Binance and I don't seem to get it right.
member
Activity: 868
Merit: 15
July 27, 2020, 11:26:50 PM
When you are new and you do not have good skills and you do not want to take any kind of risk then you can make less profit which will be the best decision for you. On the other hand, when you invest more and have the ability to take risks, you will want to make a lot of profit because then you will not be satisfied with a small profit.

It can be said that everything depends on your aptitude and skill which will make you more or less profit.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
July 27, 2020, 11:07:40 PM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range
basically, it is a safe playing pattern in the investment world. it's just that everyone's gratitude is different. sometimes, the desire for greater profits is very strong, so that the benefits that are not so great feel like less for us. however, I feel that small profits are good enough for now.
full member
Activity: 742
Merit: 160
July 27, 2020, 04:38:23 PM
Everything do really start up from small beginning. We must just be appreciative on what will come instead of thinking and expecting too much because we know in trading that there is no stable income for we are working in a volatile market. It is just fine to earn a small amount of profit well then at least you have something to earn compared to have nothing at all. Specially at times like this, having a small profit is already something you would be thankful because earning profit is already hard to be done.

There is really nothing wrong on having small profit because on trading whether you earn something or not. Let us just be contented of the amount we can acquire from doing trading because even such a small amount can already be considered a successful trade. Better to have that so you know you are doing fine on trading. Unlike aiming for large profit that might lead you to failure. Appreciate small things that come for it is normal to start up from small. There is no trader that have successfully traded large amount specially when they were just starting. Learn to appreciate the opportunity of earning using trading even if it was just small profit.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
July 26, 2020, 09:18:33 AM
It is really just fine to start up at small amount of profit because it is a part of the process. Be contented that at least you are earning rather than you having debts and failed tradings. Appreciate small profit as for now because you don't know, unexpectedly it can grow into a lot more bigger that what you expect it to be.

On trading and even investing, small profits must be a lot appreciated already specially at times like this that profit or source of income is hard to acquire due to the fact that we are facing a crisis. There is nothing bad on earning small profit because at least you have something to gain with. Small earnings are like small steps towards growth and development. We must eliminate greediness to get into our minds to avoid doing nasty decisions that instead of earning can just lead us to be drowned on negative amount of trade. Trading is a continuous process and on that process many possibilities can happen. Be glad that you came across small earnings because it just mean you are doing great on trades. Contentment and appreciation on what you gain whether small or big is the key to become successful in this industry. It is okay to dream something big but just let time to do it and do not rush things out so that you can see the progress of what you are doing so you can appreciate more when you came into your goal.
hero member
Activity: 2996
Merit: 609
July 24, 2020, 02:33:01 PM
Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.
that's the safest way to trade right now. not-so-large profits look quite safe compared to large profits. however, we will not know how it will turn out when you are not satisfied with the benefits you can get. to be honest, I've felt this way. when not satisfied with the benefits that I get, I finally get a loss because of that.
Actually this all depends on what kind of a trader you are, someone who loves to have big profits and then a band of losses would rather be greedy and try to get big profits and then slowly loose out the profits in the next trades. While someone who tends to sell at a small variance will look to accumulate small profits, while actually both kind of traders are good and can be profitable in their own stance.

For example, an experienced aggressive trader would make 0.01 BTC profit and loose 9/10 times on 0.001 trades which means he still earned 0.001 and on the other hand someone who takes small profit can earn 0.0001 btc fixed profit on each trade and hence he also makes 0.001 btc profit with 10 trades.
Aggressive stance is somewhat not really that recommended and this is base of on your expertise when you do become aggressive and at the same time you do  already  set out maximum risk management into a particular trade.You cant just  go into that manner if you are just complete noobs and you are really bound to lose trades in most cases.

Just go slow and surely.. even the profits were less or not really that big but still consistency and gradual phase manner will be always good rather than to be aggressive.

Profits would might be less but it is much better rather than ending up a day with an empty  pocket or blown out trading capital.
full member
Activity: 980
Merit: 114
July 24, 2020, 01:36:54 PM
"A bird at hand is better than millions in the bush" said an old proverb! As far as you are making profits it far better no matter how little it is. Even if you are breaking even it is still far more better than losing. The one you are able to get in you wallet as gain is what really matters and not the otherwise.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
July 24, 2020, 12:59:50 PM
People should think wise and smart enough to interact in the current market situation. We know already how volatile we are and we are not seeing whar next that is why taking such an opportunity to gain even if that is small only, it should be considered enough. Greedy people will think differently that is why I'm not surprised that most of them won't succeed but just to have a losing ends. 1%, 2% profit gain, I was not looking that much, I have to take that chance rather than to lose it and have it regrets.
Just a few days ago there were articles about how the market has hit a very low mark when it came to the volatility as the market was not really moving in any direction, as such the market conditions we are facing are not really ideal for those that are expecting huge profits, so anyone getting 1% profits per trade or at least aiming for that is probably doing well enough under these circumstances, the real problem is how to adjust your system when the market of cryptocurrencies presents again a positive trend and not be one of those that are left behind.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
July 24, 2020, 12:59:38 PM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range
That's the same with me and I agree with this mindset. There's nothing wrong if you will target even a small profit gained than it will become zero. This happens to me how many times when I was participating as a bounty hunter.

If you are contented with a small profit, go on. Because sometimes in a humanity race greed was always there. So I cant blame if someone telling me that it should have a massive gain than the small amount but you are sure of profit. Well, this I guess also depends on the project if how potential they are to hold worth for a while.
sr. member
Activity: 1914
Merit: 328
July 24, 2020, 12:52:51 PM
Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.
that's the safest way to trade right now. not-so-large profits look quite safe compared to large profits. however, we will not know how it will turn out when you are not satisfied with the benefits you can get. to be honest, I've felt this way. when not satisfied with the benefits that I get, I finally get a loss because of that.
Actually this all depends on what kind of a trader you are, someone who loves to have big profits and then a band of losses would rather be greedy and try to get big profits and then slowly loose out the profits in the next trades. While someone who tends to sell at a small variance will look to accumulate small profits, while actually both kind of traders are good and can be profitable in their own stance.

For example, an experienced aggressive trader would make 0.01 BTC profit and loose 9/10 times on 0.001 trades which means he still earned 0.001 and on the other hand someone who takes small profit can earn 0.0001 btc fixed profit on each trade and hence he also makes 0.001 btc profit with 10 trades.
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
July 24, 2020, 11:17:50 AM
Yes i agree its okay if profits are less, what matters most is the consistency at which you make the profit, as a trader or investors, there are different degrees to profit making. It also emphasizes why researching is important because different projects cannot bring same profit range
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 23, 2020, 05:05:45 AM
As long as we don't greedy to chase the profit, we can be safe to manage the money that we used for trading. I am sure that with the profit that we got from trading, we can have more and more bitcoin, especially if we can make a profit, no matter how much the amount. It is normal to feel unsatisfied with the profit that we got, but that is a process that every trader must get. We will have the time to make a big profit, especially if the bull run comes, and every coin that we make can give us a big profit.
Other than being greedy, there are other multiple reasons why people are looking for big profits or keep waiting for more profits; technical support must be one of them. When you are carefully following all your technical signals like you are always exiting at stoploss as per your technical analysis then there will be nothing wrong to be waiting to reach the target price levels as per what your technical analysis suggesting regardless of hating to wait and not being greedy here.

I mean when everything as the technical analysis then being greedy about having more profits which is supported by technical analysis should not be considered as a greedy act. But, when we are going as per technical things then we also should work on keeping stoploss in short so that we will not lose what we have already get into the profit side. It means that stoploss levels also should be based on technical analysis which should be on trailing basis.

That is why we must have a target price to sell to prevent become greedy. Maybe we can place the order sell before the price start increase, so we don't have to wait for the price start increases. It is no problem if we follow the technical analysis, but as you say, the target price will be taking part to help us make the profit. If you can place the order sell at one high price, you don't have to feel heartbeat because you only need to wait for the order fills so that you can get out of the market in the right time. Sometimes taking a little profit will be enough rather than wait for another high price, which is not always happening.
legendary
Activity: 2212
Merit: 1008
July 22, 2020, 04:26:55 PM
well, no one can predict what will happend tomorrow, you should be happy because getting profit instead cut lose then the price is pump after selling your coin at low price, for me its okay to have little profit even the coin will rise again tomorrow, dont be greedy and take that profit without regret.
i have simillar experience on coin that i bought which its pump after selling the coin, then with my greedy hoping to get more profit, i bought back the coin at high price with hope the coin will pump more, when tomorrow is come the coin price is dump about 30% from price i bought, so ive learn that its okay to earn small profit than losing everything.
legendary
Activity: 3052
Merit: 1188
July 22, 2020, 09:01:27 AM
As long as we don't greedy to chase the profit, we can be safe to manage the money that we used for trading. I am sure that with the profit that we got from trading, we can have more and more bitcoin, especially if we can make a profit, no matter how much the amount. It is normal to feel unsatisfied with the profit that we got, but that is a process that every trader must get. We will have the time to make a big profit, especially if the bull run comes, and every coin that we make can give us a big profit.
Other than being greedy, there are other multiple reasons why people are looking for big profits or keep waiting for more profits; technical support must be one of them. When you are carefully following all your technical signals like you are always exiting at stoploss as per your technical analysis then there will be nothing wrong to be waiting to reach the target price levels as per what your technical analysis suggesting regardless of hating to wait and not being greedy here.

I mean when everything as the technical analysis then being greedy about having more profits which is supported by technical analysis should not be considered as a greedy act. But, when we are going as per technical things then we also should work on keeping stoploss in short so that we will not lose what we have already get into the profit side. It means that stoploss levels also should be based on technical analysis which should be on trailing basis.
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
July 22, 2020, 07:56:12 AM
Any kind of profit is okay. But to be honest, patience is needed for everything.
My experience
I bought 16 Ampleforth at roughly 36 cents per coin when the total supply was 8 million tokens.
Then I sold all my Ampleforth when the total supply got to 11 million tokens. I sold them for a reason though.
About Ampleforth
The number of token you hold increase with respect to total supply. The more the total supply, the more your token.
Although, I have little profit after selling but if I had wait for today, I will have gotten more than 100 times of my investment on Ampleforth.
So patience is the key.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
July 22, 2020, 07:07:52 AM
Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.
that's the safest way to trade right now. not-so-large profits look quite safe compared to large profits. however, we will not know how it will turn out when you are not satisfied with the benefits you can get. to be honest, I've felt this way. when not satisfied with the benefits that I get, I finally get a loss because of that.

As long as we don't greedy to chase the profit, we can be safe to manage the money that we used for trading. I am sure that with the profit that we got from trading, we can have more and more bitcoin, especially if we can make a profit, no matter how much the amount. It is normal to feel unsatisfied with the profit that we got, but that is a process that every trader must get. We will have the time to make a big profit, especially if the bull run comes, and every coin that we make can give us a big profit.
jr. member
Activity: 41
Merit: 1
July 21, 2020, 06:16:18 PM

But this is what I want to highlight. Though I could have got more profit I am not sad since I got at least a little profit.
I know I would have been more happier if the price would have decreased after I sold but I am not sad that it instead increased.
So guys, it's ok if your profits are less. You are at least making profits while things could have gone the other way around.

I agree with you because the crypto is unpredictable and the price of a coin can go either up or down within a blink of an eye, so setting up a set target and selling off when you're near your target or already in profit is the best way to be able to beat the market because no matter how small a profit is, it's better than holding up for too long which might result in massive dump of the token. 
full member
Activity: 756
Merit: 231
July 21, 2020, 04:55:42 PM
Things will be better when we(traders) learn to be less greedy than outright greediness. Many had ran into huge lost in the past because of none accepted minimal profits from their trades, had one time fell for this but was saved by other of my investment. Right now, my trade profits are not less than 4% and not higher than 6%, this has kept my trading ability on a safer side compared to past experience.
legendary
Activity: 3122
Merit: 1140
July 21, 2020, 04:43:55 PM
A small profit taken is far better than a loss this is part of taking risk in trading what are about closing or selling your Eidoo at a loss despite hodling it for year? even though your target at 0.003ETH was not hit, Its normal in crypto trading consider early adopters of bitcoin who bought low and sold it off at a lower price thereafter its price pumped to ATH at $20k.

If there's opportunities to earned whether it's small still better than you lose your investment, with fluctuating market it's really hard
to everyone when to sell your holdings, you need to condition yourself and contented with small gains.

It is very difficult to predict the price of cryptos technical and fundamental analysis are just guide to trading nobody can accurately predict were the price a coin will pumped or dumped every analysis is just a calculated guess

With too many factors that can influenced the market flows, it's all about how well you anticipate and how good you are taking care
of your chosen position.
So basically with you just taking a small profit it will not be a problem because the comparison here is to prevent losses so that even if it will be a low profit it is not a problem because anyway, the most important thing is that you do not lose your investment and still get a profit even though it is a low profit. I think it is something worth doing just to overcome losses, but if you have the courage and confidence to be patient longer then in the end you have the opportunity to get a better profit.
When it comes  to investment then our primary target would really be on making profit or seeing positive outcomes or results on what we are dealing with  no matter how small or bit it is as long
it can be a gain then that should be enough.Try to be consistent and do make up same quality trades from time to time then you will find yourself to be successful into this career.This isnt something matters on how big and fast you do get but rather this do talk about persistence and  patience.All of the qualities that mainly needed for someone whom do deal with unpredictable prices into this market.Just be thankful that you do able to gain but also losses are inevitable but somehow can be avoided or lessen it up.
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