Topic: life of a trader - page 18. (Read 30956 times)
The life of a cryptocurrency trader is a hectic one. You will have to be busy always with your mind and your devices. Always listening and looking out for news that may have some impact in the market..... lol. You will sit in front of your lappy almost all day long looking at charts and market trends. Well, as the market is down now it is wise not to stay glued to your screen. Trade at your comfort and don't be too optimistic about every trade.
Someone maybe you can say something about leverge trading? is it true that this is even more risk than the usual trade?
If you're a trader, trading sites might eat most of your time. You may not also able to prioritize other things other than trading.
The life of traders is very irregular.
It's hard for me to say about what is happening now and how the trader lives now, probably now it is very hard for traders to live, because this is probably the hardest time not only for investors but also for traders, because so many people are really preparing for a loss deposit in advance.
Of course the life of a trader is very complicated.So it is better to be a long term trader.
If you decide to trade every day, you really need to closely monitor the prices of crypto coins, it's very hard psychologically to be a trader, not all of this will turn out, especially for beginners.
In trading, basically everything comes only with experience. Until you lose a good amount you will not understand how it works.
i think first it's completely normal, later you will have to adjust to it, with time it will come
the traders hesitate to review reviews for the purchase of altcoin or coin for just because it's good to trade today because the prices of altcoins are falling today and if you are a trader you will not panic for those who bought only coin hold only if good and it's a long-term trader because they're bouncing so they're losing or losing.
I still have a habit of constantly checking my notifications. However, I try to work fixedly 2 hours a day , so do not spend that whole day in crypto
well trading is fun but risky if your time and attention is divided from it. I tried it once and was not a thing for me. I'll just stick to marketing instead
I know that feeling, that is what I exactly did when I start to trade, but now we can set the buy price and sale price in trading and then install iPhone app to give notification when it reaches certain price, you can't really continue watching your phone, so you need to be using technology or apps to help you to trade.
The time of a trader is very short because in 24 hours they spent a lot of time tracking the value chart of the asset. Applying technology to reduce the burden on the trader is very necessary and effective. I hope that each trader will have his own methods to be able to succeed and share more in this cryptocurrency market. 
I remember going through that when I first started.
I would constantly be checking coinmarketcap and going through bitcointalk threads.
When I look back I think, "Wow! That was unnecesarily stressful!" lol
If you have a normal full time job and do crypto on the side, the reality is you don't need constant price updates.
In fact, I would say you can even look at it just once daily.
If you are a full time investment/trader though, it is different. Minute to minute tracking of trading volume and data is important.
So basically, research about crypto, investing, and new projects in your spare time.
Also start doing bounty campaigns.
Set investment goals for yourself and watch the market daily for signs of sell points that will make you reach your goals.
Simple really, yet hard to execute.
I would constantly be checking coinmarketcap and going through bitcointalk threads.
When I look back I think, "Wow! That was unnecesarily stressful!" lol
If you have a normal full time job and do crypto on the side, the reality is you don't need constant price updates.
In fact, I would say you can even look at it just once daily.
If you are a full time investment/trader though, it is different. Minute to minute tracking of trading volume and data is important.
So basically, research about crypto, investing, and new projects in your spare time.
Also start doing bounty campaigns.
Set investment goals for yourself and watch the market daily for signs of sell points that will make you reach your goals.
Simple really, yet hard to execute.
Well, if you have the strategy to trade only in the daytime , it is certainly a pain in the ass I want to tell you , it's better to sustain position and sell
Same here. 
I I check price of my portfolio every hour even if it stays same for a week. It is really hard to be a trader you need some big knowledge to it.
I I check price of my portfolio every hour even if it stays same for a week. It is really hard to be a trader you need some big knowledge to it.
I know that feeling, that is what I exactly did when I start to trade, but now we can set the buy price and sale price in trading and then install iPhone app to give notification when it reaches certain price, you can't really continue watching your phone, so you need to be using technology or apps to help you to trade.
I think a long-lasting dealer is somebody who dependably get a handle on the chance to contribute and business. They generally have speculation procedures for each situation. Since they can survive long. Characteristics of genuine merchants are centered around things like decisiveness, perseverance, valiance and insight.
I know that feeling, that is what I exactly did when I start to trade, but now we can set the buy price and sale price in trading and then install iPhone app to give notification when it reaches certain price, you can't really continue watching your phone, so you need to be using technology or apps to help you to trade.
please i need advice from those traders have has been in the business for long, how do you combine it with your other normal life activities , i mean cryptocurrency trading , i just started and am glued to my phone every second , advice will be appreciated
The life of a trader is very difficult and you have to think about it every day. not always the graph is always friendly with traders, because prices are very easy to change. a trader must have extra patience.
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