Keep proper distance but not losing passion - page 5.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: sana54210 on March 10, 2019, 10:33:51 AM

When you talk about loan, you mean real loan or leverage trading load ?

Either of the two. The purpose of the loan is get money in the hand to trade with. Both of them serve this purpose.

Quote

If it is real loan, I really frown at loans because it is very dangerous since the market is unpredictable and no one knows the waiting time for the bear to become bullish, which the lender will eventually be a pest on one’s neck overtime.

Thats your opinion. Wink

We have leverage traders who live on these methods to make money. Its nothing new and has been happening from the stock market trading.

Quote

Since, the investor already has an investment which can never turn zero no matter how deep the market is, it is better the investors wait for the bull run till his original investment comes out for him to withdraw and make amendment in whatever mistake he made that made him buy when market was BULLISH.

True but there are differences in the methods of trading of different traders. Some prefer to jump in on the bear market and bet in the opposite direction to make money. I am not saying it is good or bad. It is a method some people follow. Other prefer to hodl for long term and sell when bull run appears. There is nothing wrong there either.

CoinCollect

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Everyone has a different incentive to start working. Someone inspired by the successful story of another person and began to study trade. And someone need to make a lot of mistakes to start doing things right.

dunfida

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Quote from: BitHodler on March 10, 2019, 11:51:01 AM

Quote from: sana54210 on March 10, 2019, 10:33:51 AM

Since, the investor already has an investment which can never turn zero no matter how deep the market is, it is better the investors wait for the bull run till his original investment comes out for him to withdraw and make amendment in whatever mistake he made that made him buy when market was BULLISH.

Waiting, that's what makes people lose a lot of money. I really noticed that we're dealing with more people that keep hodling their coins regardless of what the market is doing, but don't actually believe in the coin they invest in.

In this case you would expect them as an investor to take a loss and let the market bottom out, but nope, these brand new investors think a bull run is close every month which is what they prepare themselves for.

Overall, if we look at the weakest hands, they very likely have outperformed the majority of the investors/hodlers here. People here made fun of those who sold last year, but seriously, they did the right thing panic selling early on.

Those weak hands on last years did really make some money which we can really actually say that being weak into those times do have significant positive impact to them.
I agree that do most people hold do losses more compared to those who sell early even they do keep saying that they would regret later on that they sold early but look at what happen now?
Who the one still holding and waiting?

BitHodler

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Activity: 1526

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Quote from: sana54210 on March 10, 2019, 10:33:51 AM

Since, the investor already has an investment which can never turn zero no matter how deep the market is, it is better the investors wait for the bull run till his original investment comes out for him to withdraw and make amendment in whatever mistake he made that made him buy when market was BULLISH.

Waiting, that's what makes people lose a lot of money. I really noticed that we're dealing with more people that keep hodling their coins regardless of what the market is doing, but don't actually believe in the coin they invest in.

In this case you would expect them as an investor to take a loss and let the market bottom out, but nope, these brand new investors think a bull run is close every month which is what they prepare themselves for.

Overall, if we look at the weakest hands, they very likely have outperformed the majority of the investors/hodlers here. People here made fun of those who sold last year, but seriously, they did the right thing panic selling early on.

sana54210

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Quote from: TheUltraElite on March 09, 2019, 03:28:54 AM

Quote from: mersal on March 06, 2019, 04:37:55 PM

yes understanding the market situation is always been an important and needed things to be a good trade and here because there are lots of we are available to make your knowledge about cryptocurrency field and trading also so I also been learning something to do before making any decision.

Understanding the market movement is more important. The situation may be dire but you can understand the trend - then it will be useful to turn the tide of war into your advantage. Like when a bear market is going on you should not panic rather take out a loan in dollars and use that to buy coins and dump when the prices start rising again. Whales do that to manipulate the market when long bear markets are ongoing and they take advantage of it dumping on those who think that a bullrun is not coming up.

This is the best way to learn crypto markets - by trading yourself. If you lose some money in the process consider that as teaching fees.

When you talk about loan, you mean real loan or leverage trading load ? If it is real loan, I really frown at loans because it is very dangerous since the market is unpredictable and no one knows the waiting time for the bear to become bullish, which the lender will eventually be a pest on one’s neck overtime.

Since, the investor already has an investment which can never turn zero no matter how deep the market is, it is better the investors wait for the bull run till his original investment comes out for him to withdraw and make amendment in whatever mistake he made that made him buy when market was BULLISH.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: mersal on March 06, 2019, 04:37:55 PM

yes understanding the market situation is always been an important and needed things to be a good trade and here because there are lots of we are available to make your knowledge about cryptocurrency field and trading also so I also been learning something to do before making any decision.

Understanding the market movement is more important. The situation may be dire but you can understand the trend - then it will be useful to turn the tide of war into your advantage. Like when a bear market is going on you should not panic rather take out a loan in dollars and use that to buy coins and dump when the prices start rising again. Whales do that to manipulate the market when long bear markets are ongoing and they take advantage of it dumping on those who think that a bullrun is not coming up.

This is the best way to learn crypto markets - by trading yourself. If you lose some money in the process consider that as teaching fees.

Best Dreams

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Quote from: maxreish on March 03, 2019, 05:40:53 AM

All of your these are informative and helpful to some traders like me. Struggles are somtimes going along the way when we are tend too confident in our trading. Learning it by experience is a lot better than reading some advices that are lame. That is why I envy you.

Learning is tool which help us get so many things that we never even imagined in our life, when we struggle to get something, it is impossible to be unsuccessful getting it, so you really has given us a precious advice that a trader should never stop learning about trading skills as it is only way to overcome all fears of lose and to get maximum profit, in trading knowledge works as weapon.

mersal

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Quote from: LUCKMCFLY on February 27, 2019, 09:32:43 PM

Quote from: mapanlah on February 27, 2019, 08:41:57 PM

Quote from: bitgolden on February 21, 2019, 04:06:17 PM

I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.

the different way of trading method that I did, I did not dare to enter the trade without a guide because we have not yet understood the price movements and the way we trade without experiencing huge losses. to anticipate things we don't want, the presence of a teacher helps us a lot. so learning becomes safer.

To understand the market, what I did was read books ... to have my own criteria about trading, it is better to read books by famous speculators, before someone tries to teach you things that do not have to do to understand the market, however , I do not anticipate, I simply react to the market to open my trading position.

yes understanding the market situation is always been an important and needed things to be a good trade and here because there are lots of we are available to make your knowledge about cryptocurrency field and trading also so I also been learning something to do before making any decision.

kkaroul4

sr. member

Activity: 994

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Betking.io - Best Bitcoin Casino

Quote from: maxreish on March 03, 2019, 05:40:53 AM

All of your these are informative and helpful to some traders like me. Struggles are somtimes going along the way when we are tend too confident in our trading. Learning it by experience is a lot better than reading some advices that are lame. That is why I envy you.

right and with this information we all can trust our trade because this information is very useful for me because it is good for future trading

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: maxreish on March 03, 2019, 05:40:53 AM

All of your these are informative and helpful to some traders like me. Struggles are somtimes going along the way when we are tend too confident in our trading. Learning it by experience is a lot better than reading some advices that are lame. That is why I envy you.

There is nothing to envy those who are good in something. They have had their bad days too when they started from scratch and then rose to a profitable trader. Its all a part of the learning cycle and it is obviously going to be profitable to those who know about how to handle their money and then put that in the proper coins. You should also try trading some top altcoins and see what happens. However I would suggest trading bitcoin more than altcoins because they would bleed out soon and then never come back up but bitcoin will always do so.

Dont waste your time watching someone make money. Use that time to sharpen your own skills and trying your hand at it.

panganib999

hero member

Activity: 1750

Merit: 589

Quote from: jrrsparkles on February 22, 2019, 07:07:30 AM

Quote from: davis196 on February 22, 2019, 01:57:52 AM

Trading is all about self-discipline and focus.Ge trid of bad habits,don't eat junk food,sleep 8 hours every nights.This will help you "clean" your mind and stay optimised and concentrated 100%.It will help you gain willpower and motivation.Never get addcited into crypto trading.Just think of it as it is your 9/5 job that you actually enjoy working.

But crypto trading is like gamling so we are going to get addicted more for it as long as we are motivated on it,and we can't consider it as our 9 to 5 job because in job we are not going to face any risk if we are doing work or not it is not going to give any direct results because we are working for someone but crypto trading is like business so if we face any loss our mind will work hard to make profits for the losses that is how it keeps continuing.

On my own opinion, yes, trading is technically a gambling because you have the money and will and chances of winning and losing literally a gambling process. Somehow it is business, same rythm as gambling there is a chance of winning and losing but with deep knowledge to the market you can make huge difference.

GregH37

legendary

Activity: 1302

Merit: 1037

Quote from: posi on February 27, 2019, 10:00:14 PM

reading books give more knowledge but if you ask me I will tell you that reading books and guides are not applicable for this current market success trading.
Like mapanlah said ,we are yet to understand the market movement but I can assure you that if you watch the market closely you'll understand the market movement.
1) most traders and investors are keeping their distance.
2) when some good tiding news happen (like hard fork, private company implement crypto payment etc occur) the market will experience some bullish.
3) To make a success trade apply the FA/TA analysis with genuine news which will drive the crypto market price then you make a profitable trade.

Reading books, article, listening to new, watching trading clips from expert and so on has whole lots of role to play to be successful in this current market sir.

New things, new strategies that you can apply to your trading keeps popping up day by day and if you don’t keep yourself abreast of information by reading, listening or watching articles, you end up not gaining much in the market and you find it too difficult to cope. I get all your 3 points but the whole thing still amount to reading and studying.

izanagi narukami

legendary

Activity: 2030

Merit: 1028

Personally I prefer simple way to do something especially for risky one.
Since I won't to be complicated things, I just let it be so it can grown but itself.
Remember that Warren B is the long term investor because he believed that those investment that have been choose will change his life !

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: bitgolden on March 02, 2019, 01:44:00 PM

Quote from: LUCKMCFLY on February 27, 2019, 09:32:43 PM

Quote from: mapanlah on February 27, 2019, 08:41:57 PM

Quote from: bitgolden on February 21, 2019, 04:06:17 PM

I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.

the different way of trading method that I did, I did not dare to enter the trade without a guide because we have not yet understood the price movements and the way we trade without experiencing huge losses. to anticipate things we don't want, the presence of a teacher helps us a lot. so learning becomes safer.

To understand the market, what I did was read books ... to have my own criteria about trading, it is better to read books by famous speculators, before someone tries to teach you things that do not have to do to understand the market, however , I do not anticipate, I simply react to the market to open my trading position.

That is the point, everyone all have their own way of learning and assimilating and we can’t all follow one direction and that is the sweetness of trading, one must loose for one to win. I don’t read any how books or read any how book because it is not everyone trying to transfer knowledge based on their own opinion or perception are all right.

I strictly scrutinize any analyst I pick interest in before following or any book on trading before reading, I look at their trading history first, their success and how they have been able to influence the market. I used whatever method I grabbed from them with my own personal technical analysis to open my own trade.

Forcing yourself to be like one of the person on where you do read up a certain book would only stress you out.Not all traders or people would be really the same since we do have different
systems on how we do apply our knowledge that we learn from the past years here on this trading field.
Following others path isnt bad but dont rely too much and get a portion of the tools they are using and apply it on your own.Just a matter of trial and error until you do able to
get the right profitable trades for you.

maxreish

sr. member

Activity: 1330

Merit: 326

All of your these are informative and helpful to some traders like me. Struggles are somtimes going along the way when we are tend too confident in our trading. Learning it by experience is a lot better than reading some advices that are lame. That is why I envy you.

bitgolden

legendary

Activity: 2968

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

Quote from: LUCKMCFLY on February 27, 2019, 09:32:43 PM

Quote from: mapanlah on February 27, 2019, 08:41:57 PM

Quote from: bitgolden on February 21, 2019, 04:06:17 PM

I get all your point and it actually made a lot of sense, but every trader have a different story to tell, everyone did not learn it in same way, like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.

the different way of trading method that I did, I did not dare to enter the trade without a guide because we have not yet understood the price movements and the way we trade without experiencing huge losses. to anticipate things we don't want, the presence of a teacher helps us a lot. so learning becomes safer.

To understand the market, what I did was read books ... to have my own criteria about trading, it is better to read books by famous speculators, before someone tries to teach you things that do not have to do to understand the market, however , I do not anticipate, I simply react to the market to open my trading position.

That is the point, everyone all have their own way of learning and assimilating and we can’t all follow one direction and that is the sweetness of trading, one must loose for one to win. I don’t read any how books or read any how book because it is not everyone trying to transfer knowledge based on their own opinion or perception are all right.

I strictly scrutinize any analyst I pick interest in before following or any book on trading before reading, I look at their trading history first, their success and how they have been able to influence the market. I used whatever method I grabbed from them with my own personal technical analysis to open my own trade.

gantez

full member

Activity: 1736

Merit: 121

Reading through your writing, some aspect got me laughing while others made me laugh because of my own experience but I will just say that trading is fun but not always when your account is about to be blown off

Reid

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Quote from: henrythebest on February 15, 2019, 09:33:02 PM

A conclusion that I get from years of trading-----

3. After a little bit of sweetness, I want to learn more (in fact, I want to learn more short-term operation knowledge), to see if I can "frequently operate" so that I can make more money (this is greed, then I began to lose the realm of "unintentionality" and entered the world of deliberate creation. This heart is a delusional heart, no longer pure.)

Ahhhh. So me. I was hit by this one while reading it.

Quote from: henrythebest on February 15, 2019, 09:33:02 PM

4. When I realized that I was going in the wrong direction, I made up my mind to jump out of small places, small details, small short lines, and small patterns. I wanted to find my original heart back, which was pure and kind.

I dont think you will be able to get it back. It is already tainted. The mark will be left there even if you are trying your best to be back to the original one.

Quote from: henrythebest on February 15, 2019, 09:33:02 PM

7. The opportunity is coming... "The god of opportunity will come knock my door" - if you are ready, you will hear the ringtone. You don't need to listen every night, every minute, every second. When the opportunity comes, you will know and naturally act.

Thanks for the good story. Had a good time reading them all. Just quoted the special ones.
Merits for the effort of writing and sharing it.
Good luck to you.

CoinChili

member

Activity: 239

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Good thing you shared your experiences in trading. If we learn more about it, it boost our confidence. Though trading is not always fun. There are also times that you have to be serious about it to win and gain your desired outcome.
You are lucky you have friends who are able to advice and teach you whenever their is a vague situation in trading.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: suzanne5223 on February 27, 2019, 11:25:43 PM

Having confidence in what ones do pave way for a reasonable thinking and decision at the right time. Unfortunately, having confidence is not enough to provide a crypto trader profit because the inclusion of knowledge, research of new update and genuinely information about the market are needy to make it complete.

Overconfidence is also a bad thing. It all boils down to speculation and analysis of history of trades. Those who bought at a price are going to sell at one time. So you wont have to lose interest - you know its going to pump and then dump. Problem is that there are so many stuff to look into that its often a herculean task to do all that and make money in doing so.

One thing that you can be confident about is the bullish nature of bitcoin and its future. Buy it and stock up to sell during pumps. Cheesy

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