Topic: Learn lesson then Shine in trading (Read 2852 times)
Yeah, I have also heard from a number of people that trading is risky, but I am wonder that how isa business risky if it is totally in your hand and dependent on your choice, Whenever we learn a little knowledge about trading in bitcoin we will find it more and more interesting and we will find that it is not risky but a safe mode of earning a good amount of bitcoin.
Many people ignore trading of bitcoin just because of fear of loss.
But trading is the proven quick money making process, so for bitcoin too.
Either learn some lesson in text or in practice with your money or in trail account. Then we can shine in trading by making huge profits. Agree?
But trading is the proven quick money making process, so for bitcoin too.
Either learn some lesson in text or in practice with your money or in trail account. Then we can shine in trading by making huge profits. Agree?
yeah, i agree with this. trading is a very good method of making extra bitcoin/money. and i have always suggested trading to those who are looking for an investment method because with some time and practice you can easily get the hang of trading and make money. especially in altcoin markets where there is a lot more profit waiting.
Trading is not for everybody.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
Try with small amount and learn few things about trading.Trading,like any investment,can cause you loss or bring profit.If you fear losing,you should not do any business because every business has equal possibility of profit and loss.I myself has made small profit in trading and I think it is a good option to make some profit or maybe loss You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
Many people ignore trading of bitcoin just because of fear of loss.
But trading is the proven quick money making process, so for bitcoin too.
Either learn some lesson in text or in practice with your money or in trail account. Then we can shine in trading by making huge profits. Agree?
But trading is the proven quick money making process, so for bitcoin too.
Either learn some lesson in text or in practice with your money or in trail account. Then we can shine in trading by making huge profits. Agree?
Yes, I agree. It's best to start trading with small amounts, say some satoshis, make mistakes and learn from them before moving into large btc sales.
Yes we must learn more about trading then only we can succeed there.
Bitcoin trading very much similar to all other tradings like forex trading. People rush into bitcoin trading with the greed of making lot of bitcoins in a small time frame. But market is more vulnerable to loose your initial investments in a single trade also.
Bitcoin trading very much similar to all other tradings like forex trading. People rush into bitcoin trading with the greed of making lot of bitcoins in a small time frame. But market is more vulnerable to loose your initial investments in a single trade also.
Very good point.
As bitcoin matures, trading bitcoins becomes more and more like trading stocks or forex.
One has to have a trading plan and a discipline to stick to it.
Proper risk management is usually the key to becoming a successful trader.
Where do you recommend to learn lessons in trading?
there is a good guide on youtube check for it, just type altcoin trading or bitcoin trading, they have done plenty of video about it
Where do you recommend to learn lessons in trading?
There are lots of resources available for trading lessons. Lots of e-books available on different trading strategy like candle stick pattern recognizing or swing trading or based on multiple moving averages.
Better start learning trading with a trail account. Learn where to buy bitcoin or sell bitcoin based on some reason for profit making.
Where do you recommend to learn lessons in trading?
Yes we must learn more about trading then only we can succeed there.
Bitcoin trading very much similar to all other tradings like forex trading. People rush into bitcoin trading with the greed of making lot of bitcoins in a small time frame. But market is more vulnerable to loose your initial investments in a single trade also.
Bitcoin trading very much similar to all other tradings like forex trading. People rush into bitcoin trading with the greed of making lot of bitcoins in a small time frame. But market is more vulnerable to loose your initial investments in a single trade also.
Trading Bitcoin and alt coins in general has become much harder lately. Volatility is gone and that's a main thing you need for trading. Bitcoin has been relatively stable in the $200-$300 area throughout the year. Also alts are in a complete depression. They keep going down constantly so that's hard for trading.
I am not complaining, screw the trading. I love more that Bitcoin is stable than that I would like to earn some by trading.
I miss the volatility, but can agree that the stability might be better for Bitcoin as a currency. I am not complaining, screw the trading. I love more that Bitcoin is stable than that I would like to earn some by trading.
There are still a few altcoins around to make some profit with, made quite a nice profit by buying Bytecoins for 0.00000007 a few months ago and selling when they hit 0.00000024.
Might have been pumped without me being aware of it, but still made a nice profit
Exactly this! Look at my post earlier in the thread, that's what I claim as well. There is just no volatility and trading has become much harder. That's basically the reason why I stopped trading altogether.
Trading is not for everybody.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
Agree totally. For example me. I have not faith that me can be a good trader some day. Seems that is impossible for me to find or predict the movements of various currencies or coins. Seems that there are no rules in that. The only thing in that I believe in trading is to have info before the things happen. So if you have various connections that can have to many other connections, the lasts can have reserved info (before) which can cause the movement of the value of currencies up and down (depends from various factors). If you are able to have such info and such connections you can have profit and be a successful trader. If not I find hard to see myself in trading.
Having all the information about the economic events alone will not help you to be a successful trader. Now a days information are easily available even the event based alerts will arrive on time in your mobile to alert you.
To be a successful trader, we need depth knowledge on trading instrument as a proper plan more importantly a emotional controlling mind set.
Totally incomprehensible for me the words in bold. There are literature for those things? Not because I want to become a trader (I will be never capable to be a trader) but only for curiosity. I want to read about those.
To be a shining trader we must need those things to follow or must have in our daily trading plans. With out them or only having few things like connections with information will make a trader to fail in his trading leading to a heavy losses. We must trade properly other wise quitting is a better option.
Sorry but yours are only beauty word that have any sense for me. I can create tons of beautiful words like those which tell nothing. I am asking something to read while you make me moral. Do you have something that i can read and that make me understand or how to put in practice your words? If yes, please show me when to find it in order to read something.
As for me I can give you an example that a good connection can make you big money. Someone important know a news which when will be declared will increase the value of us dollar (for example an expected large rapid increase of the economy of USA). This fact, when declared publicly, will increase the value of us dollar. If this person tell this news to me (or to someone which then will tell it to me) I will bye to many us dollars immediately. Then, when the news will be declared the value of us dollar will be increased and I will sell all my dollars. I will have to many profits only by the reserved news have from my connection. If this situation repeated to many times I can make tons of profits. This is an example that show that if having good connections can give you tons of money in trading.
Trading is not for everybody.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
Agree totally. For example me. I have not faith that me can be a good trader some day. Seems that is impossible for me to find or predict the movements of various currencies or coins. Seems that there are no rules in that. The only thing in that I believe in trading is to have info before the things happen. So if you have various connections that can have to many other connections, the lasts can have reserved info (before) which can cause the movement of the value of currencies up and down (depends from various factors). If you are able to have such info and such connections you can have profit and be a successful trader. If not I find hard to see myself in trading.
Having all the information about the economic events alone will not help you to be a successful trader. Now a days information are easily available even the event based alerts will arrive on time in your mobile to alert you.
To be a successful trader, we need depth knowledge on trading instrument as a proper plan more importantly a emotional controlling mind set.
Totally incomprehensible for me the words in bold. There are literature for those things? Not because I want to become a trader (I will be never capable to be a trader) but only for curiosity. I want to read about those.
To be a shining trader we must need those things to follow or must have in our daily trading plans. With out them or only having few things like connections with information will make a trader to fail in his trading leading to a heavy losses. We must trade properly other wise quitting is a better option.
Trading is not for everybody.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
Agree totally. For example me. I have not faith that me can be a good trader some day. Seems that is impossible for me to find or predict the movements of various currencies or coins. Seems that there are no rules in that. The only thing in that I believe in trading is to have info before the things happen. So if you have various connections that can have to many other connections, the lasts can have reserved info (before) which can cause the movement of the value of currencies up and down (depends from various factors). If you are able to have such info and such connections you can have profit and be a successful trader. If not I find hard to see myself in trading.
Having all the information about the economic events alone will not help you to be a successful trader. Now a days information are easily available even the event based alerts will arrive on time in your mobile to alert you.
To be a successful trader, we need depth knowledge on trading instrument as a proper plan more importantly a emotional controlling mind set.
Totally incomprehensible for me the words in bold. There are literature for those things? Not because I want to become a trader (I will be never capable to be a trader) but only for curiosity. I want to read about those.
Trading is not for everybody.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
Agree totally. For example me. I have not faith that me can be a good trader some day. Seems that is impossible for me to find or predict the movements of various currencies or coins. Seems that there are no rules in that. The only thing in that I believe in trading is to have info before the things happen. So if you have various connections that can have to many other connections, the lasts can have reserved info (before) which can cause the movement of the value of currencies up and down (depends from various factors). If you are able to have such info and such connections you can have profit and be a successful trader. If not I find hard to see myself in trading.
Having all the information about the economic events alone will not help you to be a successful trader. Now a days information are easily available even the event based alerts will arrive on time in your mobile to alert you.
To be a successful trader, we need depth knowledge on trading instrument as a proper plan more importantly a emotional controlling mind set.
Trading is not for everybody.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
You have to ask yourself, whether you can deal with seeing unrealised loss for a while.
Agree totally. For example me. I have not faith that me can be a good trader some day. Seems that is impossible for me to find or predict the movements of various currencies or coins. Seems that there are no rules in that. The only thing in that I believe in trading is to have info before the things happen. So if you have various connections that can have to many other connections, the lasts can have reserved info (before) which can cause the movement of the value of currencies up and down (depends from various factors). If you are able to have such info and such connections you can have profit and be a successful trader. If not I find hard to see myself in trading.
Trading Bitcoin and alt coins in general has become much harder lately. Volatility is gone and that's a main thing you need for trading. Bitcoin has been relatively stable in the $200-$300 area throughout the year. Also alts are in a complete depression. They keep going down constantly so that's hard for trading.
I am not complaining, screw the trading. I love more that Bitcoin is stable than that I would like to earn some by trading.
I miss the volatility, but can agree that the stability might be better for Bitcoin as a currency. I am not complaining, screw the trading. I love more that Bitcoin is stable than that I would like to earn some by trading.
There are still a few altcoins around to make some profit with, made quite a nice profit by buying Bytecoins for 0.00000007 a few months ago and selling when they hit 0.00000024.
Might have been pumped without me being aware of it, but still made a nice profit
Alt coin trading is good as long as you choose a stable and with back ground alt coins. When I have invested into Clam coins, I was able to see big profits as it's analysis shows it's steady nature and initial distribution methods. So, if we follow some altcoins keenly we can find some best way of profit making.
Trading Bitcoin and alt coins in general has become much harder lately. Volatility is gone and that's a main thing you need for trading. Bitcoin has been relatively stable in the $200-$300 area throughout the year. Also alts are in a complete depression. They keep going down constantly so that's hard for trading.
I am not complaining, screw the trading. I love more that Bitcoin is stable than that I would like to earn some by trading.
I miss the volatility, but can agree that the stability might be better for Bitcoin as a currency. I am not complaining, screw the trading. I love more that Bitcoin is stable than that I would like to earn some by trading.
There are still a few altcoins around to make some profit with, made quite a nice profit by buying Bytecoins for 0.00000007 a few months ago and selling when they hit 0.00000024.
Might have been pumped without me being aware of it, but still made a nice profit
There are risks with cryptocurrencies just like with forex or the stock market. You cannot predict the future so it is still a gamble.
Thanks for your post. I don't trade and i don't understand nothing from trading. I want to believe you. But I think (thoughts Of someone who haven't trade never in his life) that trading is a little different from trading. The price of various cryptos can be "manipulated" from big players or owners (or developers) of the crypto is question. In gambling there are no possibility to do this.
No,i would say you can't make money so quick by trading..Trading takes time and experience to develop some serious strategies and the value of bitcoin doesn't rises much like in earlier days..Now may be the movement might go to 3% in 24 hours and that's not much profit unless you are trading with large bankroll. 
There are risks with cryptocurrencies just like with forex or the stock market. You cannot predict the future so it is still a gamble.
Yes. Trading in either forex or stock or in bitcoin, poses some risk. But still people are willing to do that just by considering the profits we could make from the little risk we take. That's the reason there are more volume in exchanges.
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