My advice If you are here to make money - page 2.

CapGelatik

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Quote from: Xampeuu on February 02, 2023, 01:11:58 AM

Quote from: livingfree on February 01, 2023, 06:02:49 PM

Quote from: ?? on ??

The most important thing I advised to pay attention to is the need for training. I advise you not to forget to give this time. Because otherwise the result may not be the most positive.

Training and that's to add for the experience.

Those that are good and got enough money and are able to make money through trading, they've trained through their experience. And they make every loss that they've made into a big lesson.

You need to have something back with those losses for you to learn and that's needed as you trade and want to make money off it.

if they are only oriented towards the end result, it is indeed very tempting, let alone being able to profit stably every day, but in the process, of course they are very heavy, going through many stages, both joy and sorrow. short-term trading can be used as a livelihood as long as we can trade correctly, so that we can analyze, set targets and risk losses, because of course there is nothing instant to gain, gain experience and use mistakes to improve ourselves

It's like that, but sometimes some people tend to want instant things without the need for a process which is impossible,
it's not easy though as long as you have the knowledge and skills I think it will be very helpful in short term trading,
Never stop learning and keep looking for experience.

Lubang Bawah

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Quote from: Xampeuu on February 02, 2023, 01:11:58 AM

Quote from: livingfree on February 01, 2023, 06:02:49 PM

Quote from: ?? on ??

The most important thing I advised to pay attention to is the need for training. I advise you not to forget to give this time. Because otherwise the result may not be the most positive.

Training and that's to add for the experience.

Those that are good and got enough money and are able to make money through trading, they've trained through their experience. And they make every loss that they've made into a big lesson.

You need to have something back with those losses for you to learn and that's needed as you trade and want to make money off it.

if they are only oriented towards the end result, it is indeed very tempting, let alone being able to profit stably every day, but in the process, of course they are very heavy, going through many stages, both joy and sorrow. short-term trading can be used as a livelihood as long as we can trade correctly, so that we can analyze, set targets and risk losses, because of course there is nothing instant to gain, gain experience and use mistakes to improve ourselves

Daily trading and being able to profit is of course a fun thing, freedom of time is a very expensive thing nowadays, there are lots of free tools and training on the internet to be successful as a crypto trader, of course we have to go through bad and boring things because maybe we will often lose because they are inexperienced.

Xampeuu

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Quote from: livingfree on February 01, 2023, 06:02:49 PM

Quote from: ?? on ??

The most important thing I advised to pay attention to is the need for training. I advise you not to forget to give this time. Because otherwise the result may not be the most positive.

Training and that's to add for the experience.

Those that are good and got enough money and are able to make money through trading, they've trained through their experience. And they make every loss that they've made into a big lesson.

You need to have something back with those losses for you to learn and that's needed as you trade and want to make money off it.

if they are only oriented towards the end result, it is indeed very tempting, let alone being able to profit stably every day, but in the process, of course they are very heavy, going through many stages, both joy and sorrow. short-term trading can be used as a livelihood as long as we can trade correctly, so that we can analyze, set targets and risk losses, because of course there is nothing instant to gain, gain experience and use mistakes to improve ourselves

livingfree

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Quote from: ?? on ??

The most important thing I advised to pay attention to is the need for training. I advise you not to forget to give this time. Because otherwise the result may not be the most positive.

Training and that's to add for the experience.

Those that are good and got enough money and are able to make money through trading, they've trained through their experience. And they make every loss that they've made into a big lesson.

You need to have something back with those losses for you to learn and that's needed as you trade and want to make money off it.

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Quote from: ?? on ??

The most important thing I advised to pay attention to is the need for training. I advise you not to forget to give this time. Because otherwise the result may not be the most positive.

Its common sense on which if you are tending to deal up with something then it would really be just that normal that you should do your assignment on taking up those steps on making yourself learn.
Even though it might not be all in a short span of time but making yourself at least do know on what you should gonna do.Mistakes and errors are common on which it is really that normal
but instead on freaking out then it would be better if you do make yourself thabe versatile and could easily make out adjustments and trying to cope up on things
basing on what you had experience and what you are facing on.

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Quote from: CapGelatik on January 31, 2023, 03:44:28 AM

Quote from: cozytrade on January 31, 2023, 12:23:03 AM

Quote from: Alisha-k on January 29, 2023, 09:14:15 AM

I just think it is safest to just buy and hold because the bullish move is getting strengthened every day. Or better still be patient enough to wait for the next support zone to get activated then a buy position can be opened with a reasonable stop loss and take profit to limit loss and grab the profit if either activates

I have seen that new investors lose money most of the time but if they invest after thinking well they will gain many times. I don't trust any coin other than bitcoin as I have invested in several coins. I have lost a lot of money by doing this. But if I invest in Bitcoin, I never think that it will be a loss, it can always be a profit.

I think it's because they don't have enough knowledge and skills because after all it will affect us whether it's investing or trading,
maybe it's better for new investors to learn first and I think it's much more important,
for long-term investment indeed Bitcoin is the right choice but if necessary there is no harm in glancing at the top altcoins.

Very important indeed to have a better understanding before taking any steps into any kind of business that you are planning to participate, there are many people who losses their investment because of this wrong impression that they can quickly earn money just following the trend or following someone who already inside the business, without the right ideas you will find yourself ending up losing your entire capital.

It's needed to make sure that your knowledge is fully equipt by all the information that you need, it will be your tools to find a good success from this venue of investment.

slaman29

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Quote from: Questat on January 31, 2023, 08:22:45 AM

Quote from: slaman29 on January 31, 2023, 07:16:51 AM

Trust me, old investors will also keep losing money. Traders lose money all the time, and it's a known statistic in all types of trading markets that the majority lose money.

I don't agree with this. Might say they also lose money while still learning but if we say ALWAYS and ALL the time - meaning they didn't do anything to improve their strategies or correct their mistakes. If this is really happening, then we could assume that they no longer stay in the market today as they don't have the reason either.

You don't have to agree with this. Facts are facts, and that is why I brought up statistics. It is why I brought up the fineprint you get and see whenever you sign an agreement to invest money in something actually regulated by the law.

I did not say that ALL investors lose money, I said traders lose money all the time (this doesn't mean some don't make profit). I was responding to someone who said new investors lose money, but I point out that even old ones do, and all the time. If you're an exchange owner, I guarantee every time you open your dashboard, nett is traders lose.

The moment you open a trade you lose (fees, commissions, spread). You always have to close a trade at a better price you bought/sold.

Quote from: Questat on January 31, 2023, 08:22:45 AM

If this is really happening, then we could assume that they no longer stay in the market today as they don't have the reason either.

Again, we don't have to assume because of statistics. It is really happening. I was not giving an opinion.

Look it up yourself, but I can share one article that has about 10 citations.

https://tradeciety.com/24-statistics-why-most-traders-lose-money

According to them, 1% of traders only have net profit long term.

So you can bet your ass most traders no longer stay in the market.

Questat

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Quote from: slaman29 on January 31, 2023, 07:16:51 AM

Trust me, old investors will also keep losing money. Traders lose money all the time, and it's a known statistic in all types of trading markets that the majority lose money.

I don't agree with this. Might say they also lose money while still learning but if we say ALWAYS and ALL the time - meaning they didn't do anything to improve their strategies or correct their mistakes. If this is really happening, then we could assume that they no longer stay in the market today as they don't have the reason either.

Quote

The thing to learn is not that they will gain many times from thinking well. But to expect that you will most likely lose, but that your chances are better with smaller gains over the longer term, and from not making trading your main investment of time.

Do your normal job well. Put aside savings, then put aside investments, and invest in proven things like Bitcoin. And still, expect to lose

You will certainly suffer losses to any form of investment if you never know how to do it. That is why we don't just simply buy coins or anything but also invest first in enhancing our knowledge and investment skills. We can't just empty our brain otherwise we lose them all.

slaman29

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Quote from: cozytrade on January 31, 2023, 12:23:03 AM

I have seen that new investors lose money most of the time but if they invest after thinking well they will gain many times. I don't trust any coin other than bitcoin as I have invested in several coins. I have lost a lot of money by doing this. But if I invest in Bitcoin, I never think that it will be a loss, it can always be a profit.

Trust me, old investors will also keep losing money. Traders lose money all the time, and it's a known statistic in all types of trading markets that the majority lose money. Read any kind of investment tool and you'll see the fine print mention this. It doesn't matter if it is foreign exchange, stocks, IPO, it's a given that most people lose money, and even government bonds people lose money because they need to sell it before maturity date (so they have to pay a fee).

The thing to learn is not that they will gain many times from thinking well. But to expect that you will most likely lose, but that your chances are better with smaller gains over the longer term, and from not making trading your main investment of time.

Do your normal job well. Put aside savings, then put aside investments, and invest in proven things like Bitcoin. And still, expect to lose

CapGelatik

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Quote from: cozytrade on January 31, 2023, 12:23:03 AM

Quote from: Alisha-k on January 29, 2023, 09:14:15 AM

I just think it is safest to just buy and hold because the bullish move is getting strengthened every day. Or better still be patient enough to wait for the next support zone to get activated then a buy position can be opened with a reasonable stop loss and take profit to limit loss and grab the profit if either activates

I have seen that new investors lose money most of the time but if they invest after thinking well they will gain many times. I don't trust any coin other than bitcoin as I have invested in several coins. I have lost a lot of money by doing this. But if I invest in Bitcoin, I never think that it will be a loss, it can always be a profit.

I think it's because they don't have enough knowledge and skills because after all it will affect us whether it's investing or trading,
maybe it's better for new investors to learn first and I think it's much more important,
for long-term investment indeed Bitcoin is the right choice but if necessary there is no harm in glancing at the top altcoins.

rozak

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Quote from: bbigtart on January 29, 2023, 12:57:43 PM

Quote from: rozak on January 27, 2023, 10:32:34 PM

before focusing on the goal, beginners should understand the risks first.

Yes, it's true that for beginners, apart from having to know what the risks are in investing in crypto, there must also be a good diversification portfolio and don't involve emotions when trading, such as fear and FOMO. In addition, there must also be a Plan B if something happens at any time and make sure the exchanger is trusted so that the safety of our assets is maintained.

some traders must have already chosen their favorite exchange for trading. it is also possible that more traders trade their crypto assets on local exchanges. it makes it easier for them to withdraw funds for those who don't like holding assets on the exchange because that's risky too.
some traders may use some planning. but for day traders I guess they will not focus too much on some planning. they will focus on market analysis. to get profits faster.

martyns

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First of all, I would advise you to take the time to study. This aspect plays a very important role in trading and should not be underestimated. When I started working with a broker from AMarkets, I initially used a demo account for work in order to gain experience.

Some person's study,and it doesn't look like they do because they don't implement what they study.Making money is everyone targets in crypto but wise decisions only brings profits other than making desperate decisions which one will regret later. Crypto is not a get rich quick scheme, it's profits is stage by stage depending on your account size, the same way your losses comes in different measures. Before mapping out the plans to reach in crypto, several steps are taken before it can be achievable, other than guessing and following trends in the market. Always trade carefully because the market is highly risky and not everyone can withstand the pressure when they're running at a loss.

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Quote from: Alisha-k on January 29, 2023, 09:14:15 AM

I just think it is safest to just buy and hold because the bullish move is getting strengthened every day. Or better still be patient enough to wait for the next support zone to get activated then a buy position can be opened with a reasonable stop loss and take profit to limit loss and grab the profit if either activates

I have seen that new investors lose money most of the time but if they invest after thinking well they will gain many times. I don't trust any coin other than bitcoin as I have invested in several coins. I have lost a lot of money by doing this. But if I invest in Bitcoin, I never think that it will be a loss, it can always be a profit.

bbigtart

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Quote from: rozak on January 27, 2023, 10:32:34 PM

before focusing on the goal, beginners should understand the risks first.

Yes, it's true that for beginners, apart from having to know what the risks are in investing in crypto, there must also be a good diversification portfolio and don't involve emotions when trading, such as fear and FOMO. In addition, there must also be a Plan B if something happens at any time and make sure the exchanger is trusted so that the safety of our assets is maintained.

Alisha-k

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I just think it is safest to just buy and hold because the bullish move is getting strengthened every day. Or better still be patient enough to wait for the next support zone to get activated then a buy position can be opened with a reasonable stop loss and take profit to limit loss and grab the profit if either activates

rozak

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Quote from: Franctoshi on January 26, 2023, 03:32:52 PM

Literally, there are process you go through before you actually get to the road to succes, Which includes proper planning, Focusing on your journey, having a good strategy and being patient with the process, having done these then one day you will be one of those people who will share their testimonies as regards to how Bitcoin has helped change their life.

To be honest, from several people I know who started learning about investing or trading Bitcoin, it's very difficult to see people who have the patience to process. everything you say is true, but it's hard to teach beginners to be patient.
more of the newbies think about the instant profit they can get when they see news on social media regarding the crypto market experiencing pumps and so on.
before focusing on the goal, beginners should understand the risks first.

KupaCrypto

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Quote from: tvplus006 on December 10, 2022, 02:25:10 PM

In this case, an inexperienced trader will lose his deposit very quickly. Futures trading is dangerous not only for beginners, but also for experienced traders who also lose their money. But an experienced trader has the advantage that he uses risk management, which limits losses.

Yes , but the experienced trader has an advantage than the beginner, but once you establish a trade plan, secure ur position, sticking to an exit plan with the stop-loss order, and giving it a substantial investment of time and energy and for beginners not using all the Money in there account to buy or sell many contract futures, learn from margin calls and be patient you are good to go. But substantial time and energy is needed .a beginner won't really know this things but I believe an experienced trader does know it and it will guide him or her .

Franctoshi

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Literally, there are process you go through before you actually get to the road to succes, Which includes proper planning, Focusing on your journey, having a good strategy and being patient with the process, having done these then one day you will be one of those people who will share their testimonies as regards to how Bitcoin has helped change their life.

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Quote from: Bushdark on January 26, 2023, 04:37:39 AM

Quote from: monineklutak on January 26, 2023, 03:56:38 AM

Quote from: oprahwindfury on January 25, 2023, 10:54:56 PM

The future of Bitcoin is uncertain and highly debated among experts in the field. Some believe that the decentralized nature of Bitcoin and its growing acceptance as a form of payment will lead to it becoming a widely used global currency. However, others believe that the lack of regulation and potential for illegal activity will lead to it being banned by governments and eventually becoming obsolete.

Yes, we know for ourselves that the development of the times is also accompanied by technological developments and that will continue to happen,
so there will be a possibility that Bitcoin becomes a global currency,
but what is clear is better just follow the development.

I can see that there had been similar advise just like the one op had explain and we need to need that making money in the market is not as easy as we think. The possibility of Bitcoin becomi6a global currency is there but the problem is that we don't know when that time would come. We are still anticipating for now and we hope that sooner the world will collectively accept Bitcoin as one of the means of payment of services.

Making money in the market for now need lot of knowledge so that we can easily penetrate into the market so we can aswell hustle for what we really want which is for the money.

Knowledge that can give the right timing to invest your money, there are things that are really hard to understand but if you have the right sets of knowledge and ideas you'll be able to manage how to make money from this industry. It's not an easy task but surely doable if you know where to start and where you get the right skills to create your own strategy. Making money is what all of us are aiming but the proper executions is always depends from how you will execute your strategy and what are the ratio between good investment and bad investment.

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Quote from: monineklutak on January 26, 2023, 03:56:38 AM

Quote from: oprahwindfury on January 25, 2023, 10:54:56 PM

The future of Bitcoin is uncertain and highly debated among experts in the field. Some believe that the decentralized nature of Bitcoin and its growing acceptance as a form of payment will lead to it becoming a widely used global currency. However, others believe that the lack of regulation and potential for illegal activity will lead to it being banned by governments and eventually becoming obsolete.

Yes, we know for ourselves that the development of the times is also accompanied by technological developments and that will continue to happen,
so there will be a possibility that Bitcoin becomes a global currency,
but what is clear is better just follow the development.

I can see that there had been similar advise just like the one op had explain and we need to need that making money in the market is not as easy as we think. The possibility of Bitcoin becomi6a global currency is there but the problem is that we don't know when that time would come. We are still anticipating for now and we hope that sooner the world will collectively accept Bitcoin as one of the means of payment of services.

Making money in the market for now need lot of knowledge so that we can easily penetrate into the market so we can aswell hustle for what we really want which is for the money.

Topic: My advice If you are here to make money - page 2. (Read 1473 times)