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Topic: life of a trader - page 71. (Read 30979 times)

full member
Activity: 359
Merit: 101
January 14, 2018, 05:23:48 AM
hi, welcome to trader world !
you will get your heart beating fast in the first time joining or trying trading.
everything looks like easy but it's not.
as my experience, i got a trick and learning from my experience.
of course getting broke is a usual happen.
because we don't know which a right time to sell or still hold.
reading the forum discussion is really help.
experience will be your best teacher. keep trying then you will be good as the time running.
and don't it in your self in to stressing Cheesy
hero member
Activity: 1190
Merit: 568
Sovryn - Brings DeFi to Bitcoin
January 14, 2018, 05:18:48 AM
As a beginner i enjoy reading this thread so much. Just start buying my 1st crypto coin a month ago. Yes all the tips are helpfull. But as a begnner its really hard to ignore my coin especially realize the graph are moving 24/7. Ithink all begnner went thru this lol lol
Become trader is not easy at first because you need to be focus and be a quickly typing because of immediately moving in the market of price. You should be quick and later on you you can earn.
member
Activity: 189
Merit: 10
January 14, 2018, 05:12:02 AM
Since you know about cryptocurrency forget about healthy sleep(Joke). Don't need to watch every second on the chart. Read learn you should know about the point of entry and exit from the market.
legendary
Activity: 1526
Merit: 1001
January 14, 2018, 05:08:22 AM
I'm doing this for part time and if you have a day job trading isn't really necessary, much better to hodl coins with better potential and participate in ICOs. In your off work trading is pretty much considerable.
Most traders today are those who work part-time, usually they have other jobs in the real world. Trader is a very mobile job so we can trade and make decisions whenever we want and wherever we are. But please be clear that the more we can have a lot of time in trading then the results will be much more increased. Many people are starting to leave their jobs in the real world and they begin to focus on trading every time. I admit that people who can focus on being a trader will usually make it easy to earn profits and also faster to become successful people.
full member
Activity: 225
Merit: 100
Presale is live!
January 14, 2018, 05:00:38 AM
Well i guess it’s in the nature of this business. To get max out of crypto we should be be ready every second to trade immediately. If you want you can place sell and buy orders to have a little more time for your self.
member
Activity: 140
Merit: 12
January 14, 2018, 04:53:39 AM
I'm doing this for part time and if you have a day job trading isn't really necessary, much better to hodl coins with better potential and participate in ICOs. In your off work trading is pretty much considerable.
hero member
Activity: 866
Merit: 1001
January 14, 2018, 02:06:01 AM
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  Grin Grin Grin Grin
To become a successful trader in crypto market,follow up is needed to get profits and to avoid huge loss.But it would be much difficult to do it in day time or 24 hours round the clock.So,it would be better to do it in night time.By this way,we have almost 10 hours to follow up our invested coin and make necessary changes.Its said that professional traders just do two or three trades a month and make huge profits when compared to newbies who just sit all the day 24*7 infront of the system.
member
Activity: 378
Merit: 10
January 14, 2018, 01:50:55 AM
Try to forget about it during the day, especially if you have a day job. You would never be able to react quickly during the day and take meaningful actions. What I do is every night I try to watch the trends, read some news and adjust my portfolio for the next day, if necessary. Checking your phone every second just won't fly.
i am a student and is realy frustrating any time i drop my phone i think of gain or lost i might be making , but i cant stop cause is profitable
It's difficult to do multitasking while you are a beginner. You need to set focus in every field you have. If you want to be a trader then you need to focus on it at night while you have at school in daytime.
Don't be greedy few bucks is enough.
full member
Activity: 420
Merit: 100
Qravity is a decentralized content production
January 14, 2018, 01:36:21 AM
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  Grin Grin Grin Grin
You can always set up a stop loss after buying the coin so you are not afraid if the coin crash. Usually i add the coin to blockfolio and create an alarm so whenever the coin above or below x i get the notification. It's normal if you are new to look at the price all the time but after sometime you can leave it while doing something else.
full member
Activity: 403
Merit: 100
January 14, 2018, 01:36:00 AM
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  Grin Grin Grin Grin
I do not have good advice for you because most of the traders are sitting in front of the computer or using their phone once to check the Altcoin they are investing. I am a person who stays awake every night and goes to sleep when it is light  Grin Grin Grin Grin
full member
Activity: 658
Merit: 103
January 14, 2018, 01:29:19 AM
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  Grin Grin Grin Grin
Put your heart on it but dont be too emotional about it. Growth of an altcoin is uncertain and you must know that from the start. You must sacrifice your time to trade. Trading is a time consuming proccess. At all cost you must profit is the mind of every newbies thats not wrong but you must understand it is unavoidable its part of trading if you lose even hundreds of it.
newbie
Activity: 2
Merit: 0
January 14, 2018, 01:20:46 AM
As a beginner i enjoy reading this thread so much. Just start buying my 1st crypto coin a month ago. Yes all the tips are helpfull. But as a begnner its really hard to ignore my coin especially realize the graph are moving 24/7. Ithink all begnner went thru this lol lol
sr. member
Activity: 840
Merit: 254
January 14, 2018, 12:57:43 AM
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  Grin Grin Grin Grin
Organize your time, have a list of priorities of what you want to do when you are trading, also as you become a more experienced trader you will be able to recognize very quickly when there is a chance to make money and when you should concentrate in doing something else.
full member
Activity: 518
Merit: 101
January 14, 2018, 12:57:01 AM
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  Grin Grin Grin Grin
Well, if you don’t have a regular job or have nothing else to do, you can keep yourself glued to your phone to keep watch on your investment progress. This is actually the ideal set up for a trader. On the other hand, you just need to find a way to manage your time.
jr. member
Activity: 65
Merit: 1
January 14, 2018, 12:24:00 AM
I'm not so smart with trading, can anyone give me a little knowledge about it?
sr. member
Activity: 567
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
January 14, 2018, 12:22:40 AM
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  Grin Grin Grin Grin


That is normal. If you want to become a serious trader, you will really have to fix your eyes on the market every now and then. But perhaps you are a bit overdoing it. Of course, everything can be done with proper time management. And then of course there are features in every crypto trading platform that will allow you to leave your orders and trades as they are. Try stop loss in case you will not be able to attend to it all the time. And then try to set some targets if you are not planning to hodl your coins for a long time.
full member
Activity: 392
Merit: 114
January 14, 2018, 12:14:39 AM
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  Grin Grin Grin Grin

hahaha u can use stop loss, limit buy, limit sell etc etc.. so u dont need to open ur phone every seconds, and u can buy coin for long term too
jr. member
Activity: 252
Merit: 1
January 13, 2018, 11:41:53 PM
I am a bussiness man but it us little bit hard to split my time but i usually trade my coin at night. It took about 4 hours a day. But i enjoy it
sr. member
Activity: 266
Merit: 250
January 13, 2018, 11:35:46 PM
Trading cryptos is very difficult to be long term profitable. So many pumps and dumps it will stress you out. You are better off researching ICOs and picking winners that can go 10x or more. A lot less stressful and you can take you time to learn about the projects you are investing in. If you do decide to trade, don't be greedy. If you are up 50% the most likely way is down the next day or so. Take profits and move to the next. Don't be caught bagholding last weeks hot coin.
member
Activity: 574
Merit: 10
January 13, 2018, 11:26:08 PM
We are here in crypto so we are born as trader
I take time 4 to 6hours in trading because im not as good enough,as a trade accept if you loose this is a gambling you need a pond but not too big.im starting in small amout i just rotate
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