At the moment, traders earn marginal trading. The market is falling, and this gives them a good income. Unfortunately, I do not know how to trade like that.
You can learn marginal trading, but nobody, I guess, can learn to avoid stress while trading. Only calm people, who can control their emotions and understand the chances. I can say trading is something you should be born with! 
Topic: life of a trader - page 21. (Read 31030 times)
Many think that traders just sit at the computer, press the buttons and earn millions. Actually not so. Trader is usually very much at risk, nervous, make mistakes and constantly learn! In the market earn less than 10 proents of participants, the rest only lose money!
Personally for me, day trading is very risky for me, especially for those who do not have enough knowledge.
my advice is if you follow the crypto market then you must have the right prediction to buy and sell, if you are wrong about both of these things then you will lose. 
At the moment, traders earn marginal trading. The market is falling, and this gives them a good income. Unfortunately, I do not know how to trade like that.
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
An entire trader life is so boring & stressful. When the market dumps, we cry & the happy time (when the market pump) is so short.
I do not trade much now. Just keep 10%-20% of my all budget for trading. 80% is for holding
1. Holding: Be patient & wait until the market is down deeply enough => buy & hold.
For example: When bitcoin decreased below $6000, I started to buy. Keep some money in USDT to buy more when bitcoin continues to decrease to $5000 and $4000
2. Trading: It is quite important to trade on the exchange that offer low fee (For example: Binance)
Let's imagine your monthly trading volume is $100,000 (buy + sell)
- With Binance (0.05% trading fee): It costs you 0.05% * $100,000 = $50 total fee.
- With Bittrex (0.25% trading fee): It costs you 0.25% * $100,000 = $250. 5 times more than the above.
Every trader should know the right time to trade or working in cryptocurrency especially when you want to trade. Trade is a good hobbies and well profitable especially have a personalize strategy. You should know when you are making enough profit from your trading activities. if you are not making any profit I advise you should just quit.
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
To make it easy for you and for it not to affect your daily activities, I think the best think for you to do is to forget about it during the day or just check for updates one in a while, it might be very hard to do that but it will help you concentrate with your other job. You can also set an alarm and when there is an update about your investment, you can attend to it then. 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
Proper time management is really needed here when you are working in cryptocurrency especially when you are involved in trading... Trading is really great and very profitable especially if we have a great and personalize strategy... But we need to manage our time well if we are working here... Dont work here to much just make your normal as before do not make trading as center of your life...
It seems to me that the life of a trader is very complicated. It is necessary to work constantly at night and for many hours is at the computer
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 a constant work. You do not belong to yourself. At any time you should be aware of the events. This is a rather specific work, which requires a lot of time, effort and experience. It is much easier to invest in projects. It does not take much time, but you need to be able to analyze projects well.
The life of a trader can be very exciting, but if it is not kept under control, after a while 'trading becomes an addiction that leads us to neglect the family, friends and our health.
To my mind, the life of a trader is really great and I think that everyone can try it if you aren't afraid of taking risks and love adrenaline because they both are a part of the trader's life
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 first thing I would like to say in this matter is - it is very,very hard. There are only handfull of day traders who are succeseful in long run.
The main characteristic of good trader is quality of remainig calm and push emtions aside, view situation in rational way and understand what can be done to resolve the issues and when doing good trades, not to become over confident and make mistakes.
This is called high level of consciousness. And as i said it is not easy, there are not a lot of people who can achieve this .
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
I think you've taken the first step. You have acknowledged the problem. Now you can think about a solution. If you are feeling like you spend too much time monitoring your investments, you should probably change something. There are certain apps that can limit your usage of other apps. That may help. Maybe you don't have enough other interests in your life that could keep you busy. Try to get out more. Find some new hobbies or relationships. Some people pointed out that it might be good to set some timers or alarms. You could just commit to yourself that you won't check more than once per hour or every 2 hours of something like that. If you can keep your word, that'll help a lot.
trading is hard work. Many newcomers do not believe in this, and it seems to them that the crypto currency gives a big profit without strong efforts. But this is not so.
In fact, a rather difficult period in the life of the trader only the first few years, until the moment when the trader will start to make money.
I think that you should live a life of a trader if you are ready to face risks. To my mind, this may happen any time and at the most unexpected moment. You should be ready to face it decently
To start trading seriously need to have enough free time for this. Personally, I'm still in the process of training, as soon as I understand that I can earn from it - I'll leave my current job
The time really takes this much to do! I spend about 3 hours a day at least a minimum, and this is only the beginning of the journey.
I would advise you to reduce your activities to night only because if you continue to stare at you phone in the day during your job, you won't be able to do anything productive there and you won't be able to also make changes to your investment. Or better still if you are making enough money from your trading activities than I would advise you quit the job and focus on trading and be your own boss.
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