If you use btc futures without having sufficient analytical skills, you will not get profits but will experience losses, making your capital run out. Apart from that, you also have to control your emotions in trading because this has made many people lose opportunities to make profits. But as traders, we have our own way of analyzing the market to find a time when we can trade.
You are right, but you have to know that trading in this aspect have different perspective to follow, and i believe that before someone can as well make a profit in trading you can as well known the basic things concerning trading before you can take a good step of opportunity in trading, despite that some us scale through in trading with luck, but that doesn't mean that their opportunity comes everytime. To be prosper in trading at the basic knowledge have to be there. 
Topic: My advice If you are here to make money - page 4. (Read 1458 times)
Many newcomers were given false information about how crypto could alter their lives, which led them to assume that they could make quick cash by just trading their money in the market or believing in a signal from someone claiming they could become wealthy by trading at them. They must understand that they are dealing with unforeseen circumstances, therefore we must maintain our attention and gather all the necessary data to be better prepared to trade coins on the market. Since you pointed out, even advanced traders lose all of their money due to poor selections they make, they shouldn't feel at ease studying the fundamentals.
You are correct mate,after hearing how you can make quick quick cash if you trade,another important question to ask is that,since you started trading,can you boast of always making profit just as the way they exergerated it while telling you?You will always get the answer as No, because trading is a risky game,and success is never guaranteed,that's why you must have some necessary skills in order to trade and make profit.Trading is fast and can earn one quick cash,but when when you loose,you should also be matured to to know that it is part of the game.
When those investors are already aware of or get scammed on those new projects, they tend not to invest anymore unless they see the most promising one, which is very rare right now. I was also investing in ICOs before, but when I saw there were a lot of shitcoins coming out, I quit. Furthermore, many new coins are now being copied by others, and some were simply created for fun or as a meme. I just recall that those coins before had very promising roadmaps and white papers, but right now some new coins with their white papers are garbage.
For the majority yes but for a few number of people, they remain to be the same. No matter how much times they get fooled, they seem to can't learn but keeps on investing on riskier things again and again. Some times we just need to be scammed first before we learn but this process can possibly be skipped.It shouldn't always be followed if we want to save much money. We can do it by learning a lot of things first. Make a research and ask questions that you don't understand. It's not that promising coins are now rare, it's just that the number of scams projects have only increase by a lot of folds but if we dig deeper, we can still be able to find them.
It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.
Alts projects were good back in the day, because they were trying to build a new thing which will help the people, and their use cases were good. And nowadays, all I see is scammers are creating new projects in order to scam people or just people who are creating something similar to what already exists. And also they claim that they are better than those existing ones. In the end, lack of creativity, copying and all those other stuffs leads t o their downfall.
All that which have survived in the past are still leading the alt market. But I still doubt them as they are totally centralized.
But it's up to people if or if not they want to use their money to invest in alts. I'm sure they will avoid the altcoins once they realize how much risk they carry.
When those investors are already aware of or get scammed on those new projects, they tend not to invest anymore unless they see the most promising one, which is very rare right now. I was also investing in ICOs before, but when I saw there were a lot of shitcoins coming out, I quit. Furthermore, many new coins are now being copied by others, and some were simply created for fun or as a meme. I just recall that those coins before had very promising roadmaps and white papers, but right now some new coins with their white papers are garbage.
For these promising roadmap, investors are quite easily fooled by this. Even if you are a pro investor, you can easily fall for this. This kind of sudden attacks are unpredictable. So it is very hard to decide where to invest. As is said before, even the old ones that have been here with us for ages could also be a bad choice considering the fact that they are centralized, unlike BTC which is not.
If anyone comes to me for advice to invest in something, I would really suggest them to choose BTC as their only priority.
It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.
Alts projects were good back in the day, because they were trying to build a new thing which will help the people, and their use cases were good. And nowadays, all I see is scammers are creating new projects in order to scam people or just people who are creating something similar to what already exists. And also they claim that they are better than those existing ones. In the end, lack of creativity, copying and all those other stuffs leads t o their downfall.
All that which have survived in the past are still leading the alt market. But I still doubt them as they are totally centralized.
But it's up to people if or if not they want to use their money to invest in alts. I'm sure they will avoid the altcoins once they realize how much risk they carry.
When those investors are already aware of or get scammed on those new projects, they tend not to invest anymore unless they see the most promising one, which is very rare right now. I was also investing in ICOs before, but when I saw there were a lot of shitcoins coming out, I quit. Furthermore, many new coins are now being copied by others, and some were simply created for fun or as a meme. I just recall that those coins before had very promising roadmaps and white papers, but right now some new coins with their white papers are garbage.
It is certainly true that the primary goal of trading crypto coins is to make money. There is nothing wrong with this, as long as traders are aware of the risks involved and take steps to manage those risks effectively. Using safe money, or money that can be afforded to lose, is a good way to minimize potential losses. Trading in the spot market, rather than the futures market, can also help to reduce the risk of losing everything, as traders in the spot market have the ability to sell their assets at any time. However, it is important for traders to be aware that even in the spot market, there is always the potential for significant losses, and it is essential to approach trading with caution and to educate oneself about the various risks involved.
Spot and futures trading is just as risky. although futures trading of course has a higher risk. unfortunately, now a lot of newbies are coming to markets like Binance to trade futures, which of course beginners won't have.their goal remains the same to make money. but without knowledge and skills, it's like gambling and wasting their money. they come only to lose.
they just want to make a quick profit and that mindset is wrong,
better learn first to improve knowledge and skills is much more important.
It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.
Alts projects were good back in the day, because they were trying to build a new thing which will help the people, and their use cases were good. And nowadays, all I see is scammers are creating new projects in order to scam people or just people who are creating something similar to what already exists. And also they claim that they are better than those existing ones. In the end, lack of creativity, copying and all those other stuffs leads t o their downfall.
All that which have survived in the past are still leading the alt market. But I still doubt them as they are totally centralized.
But it's up to people if or if not they want to use their money to invest in alts. I'm sure they will avoid the altcoins once they realize how much risk they carry.
If you follow this plan you can get better results from trading like i said dont focus on too much market trend but try to find coin short or long it in few HOURS take the money and close the trade.
seems a quick profits strategy. 
Tbh honest with you mate based on my experience with such way. For me i don't if it will works to anybody as it's required alot of work to do and you must have so much effort to that of course. For example analysing the graph everytime and accumulating data to get the right direction of the trend.. IMV 99% of traders cannot afford such task and always ended losses afterwards because its not that so easy like what you think mate. only 5% of traders win, because sometimes they are much less who wins, so whoever wants to enter the world of trading has to know that they have to be very patient, otherwise they will most likely lose money
In trading it is true that patient matters but that is when you have not pulled the wrong trigger. If you send the wrong other then the patients will be about how much that you have in your account especially if your order is against the wave or trend. Patients for me is usually before jumping into an order but not for accumulation of loses, to loses I rather exit than to patiently wait for my account to burn out.
It is certainly true that the primary goal of trading crypto coins is to make money. There is nothing wrong with this, as long as traders are aware of the risks involved and take steps to manage those risks effectively. Using safe money, or money that can be afforded to lose, is a good way to minimize potential losses. Trading in the spot market, rather than the futures market, can also help to reduce the risk of losing everything, as traders in the spot market have the ability to sell their assets at any time. However, it is important for traders to be aware that even in the spot market, there is always the potential for significant losses, and it is essential to approach trading with caution and to educate oneself about the various risks involved.
Spot and futures trading is just as risky. although futures trading of course has a higher risk. unfortunately, now a lot of newbies are coming to markets like Binance to trade futures, which of course beginners won't have.their goal remains the same to make money. but without knowledge and skills, it's like gambling and wasting their money. they come only to lose.
It is certainly true that the primary goal of trading crypto coins is to make money. There is nothing wrong with this, as long as traders are aware of the risks involved and take steps to manage those risks effectively. Using safe money, or money that can be afforded to lose, is a good way to minimize potential losses. Trading in the spot market, rather than the futures market, can also help to reduce the risk of losing everything, as traders in the spot market have the ability to sell their assets at any time. However, it is important for traders to be aware that even in the spot market, there is always the potential for significant losses, and it is essential to approach trading with caution and to educate oneself about the various risks involved.
Spot and futures trading is just as risky. although futures trading of course has a higher risk. unfortunately, now a lot of newbies are coming to markets like Binance to trade futures, which of course beginners won't have.their goal remains the same to make money. but without knowledge and skills, it's like gambling and wasting their money. they come only to lose.
I like to keep my money for future use. As a saving or as an investment plan. I am not into altcoins anymore as they are centralized shitcoin. Price movements could be predicted through BTC's movements, but I doubt if their full intention was to pump and dump.
Altcoin's price is not determined by trading volume, but who is controlling and willing to put what amount of money in there. And you have always the chance of getting scammed by whales.
BTC it is for me, no matter who says what.
Altcoins are shits, I've got some but that some from over the years and that some have thought thought some bitter lessons that, I tend to hook up with only bitcoin that I've known best. You still can't accurately predict its price action but, you get to understand the benefits that might come from hodling.Altcoin's price is not determined by trading volume, but who is controlling and willing to put what amount of money in there. And you have always the chance of getting scammed by whales.
BTC it is for me, no matter who says what.
Speaking of if there plans are to pump and dump? The backbones to any project remains in the team. If a project is to succeed, it is the team and if it is to fail, it as well remains with the team. There schemes determines if investors are going to sell most or all of there hodlings off with one bearish move or hodl till it greens again. Perhaps not there plan but, they just might not have done enough to keep it alive either.
It was their strategy to lock in the sell option in order to prevent dumps, but it can also result in massive losses for investors. It was really different before  that is the main reason I don't now invest in alts, mostly on those new projects, as I am always thinking they will die after a couple of months, and it is very risky. I still trade alts, but only the top coins because they are far safer than the new ones because profit is easy because the price is low and you can buy in bulk.
Do not confuse things, it is not a lie, in trade you can earn money, but you have to know how to do it, many enter with the hope of becoming millionaires and no, sometimes things can be reversed, if we can put it in context The ways that they have to win in fast trading are few, it is said that 95% of traders always fail, so for a person to be profitable it is quite rare, only 5% of traders win, because sometimes they are much less who wins, so whoever wants to enter the world of trading has to know that they have to be very patient, otherwise they will most likely lose money, that is something one must have as a premise.
It is certainly true that the primary goal of trading crypto coins is to make money. There is nothing wrong with this, as long as traders are aware of the risks involved and take steps to manage those risks effectively. Using safe money, or money that can be afforded to lose, is a good way to minimize potential losses. Trading in the spot market, rather than the futures market, can also help to reduce the risk of losing everything, as traders in the spot market have the ability to sell their assets at any time. However, it is important for traders to be aware that even in the spot market, there is always the potential for significant losses, and it is essential to approach trading with caution and to educate oneself about the various risks involved.
Well, we are here for one certain reason and that is to gain money. But since trading is also uncertain, then expect that it won’t always be profitable. And one big mistake in trading will eventually make you lose everything. So always be cautious when trading, even in investing, as they can make you instant wealthy, and they can also end up making you the poorest of them all.
Sure, making money is always the main reason to trade crypto coins. There is nothing wrong if a trader wants to make money from trading. But since no guarantee to always get profits, we must use safe money in trading. Most people agree that we must use the money that we can afford to lose. It is the best way to avoid huge losses. However, you won't lose everything as long as you trade in the spot market. You only end up with a big decrease of your funds if you trade carelessly. But if you trade in the future market, it is simply the way to lose everything.I like to keep my money for future use. As a saving or as an investment plan. I am not into altcoins anymore as they are centralized shitcoin. Price movements could be predicted through BTC's movements, but I doubt if their full intention was to pump and dump.
Altcoin's price is not determined by trading volume, but who is controlling and willing to put what amount of money in there. And you have always the chance of getting scammed by whales.
BTC it is for me, no matter who says what.
Altcoins are shits, I've got some but that some from over the years and that some have thought thought some bitter lessons that, I tend to hook up with only bitcoin that I've known best. You still can't accurately predict its price action but, you get to understand the benefits that might come from hodling.Altcoin's price is not determined by trading volume, but who is controlling and willing to put what amount of money in there. And you have always the chance of getting scammed by whales.
BTC it is for me, no matter who says what.
Speaking of if there plans are to pump and dump? The backbones to any project remains in the team. If a project is to succeed, it is the team and if it is to fail, it as well remains with the team. There schemes determines if investors are going to sell most or all of there hodlings off with one bearish move or hodl till it greens again. Perhaps not there plan but, they just might not have done enough to keep it alive either.
Many newcomers were given false information about how crypto could alter their lives, which led them to assume that they could make quick cash by just trading their money in the market or believing in a signal from someone claiming they could become wealthy by trading at them. They must understand that they are dealing with unforeseen circumstances, therefore we must maintain our attention and gather all the necessary data to be better prepared to trade coins on the market. Since you pointed out, even advanced traders lose all of their money due to poor selections they make, they shouldn't feel at ease studying the fundamentals.
Most important in crypto is stable income everyday.
While you can definitely make life-changing money in crypto if you know what you're doing — the words "crypto", "trading", and "stable" doesn't really go well together. Even the best traders have bad trading days.
Control your emotion, believe me, emotion is your biggest number one enemy. Especially the fear and greed know how to stop loss and know how to take profit.
Please don't stay away from BTC since if you can predict BTC moves you can predict the most market is going. In fact, most of traders that I have followed what they do first is predict BTC moving after that they start to analyze the altcoin. Bitcoin waves is real.
Good Luck
If you can’t be good in trading btc, might as well that you will also find it hard to be profitable from trading altcoins. So stick to bitcoin regardless of how the market performs. And as a trader, never go all for money because you will definitely fall from that mindset. Just take advantage in every possible chances, and do stoploss whenever it’s badly needed.Stay away from btc If you are futures trader btc moving too slow.
Please don't stay away from BTC since if you can predict BTC moves you can predict the most market is going. In fact, most of traders that I have followed what they do first is predict BTC moving after that they start to analyze the altcoin. Bitcoin waves is real.
Good Luck
should really make yourself chase up for profits or making money because it would really be just making you desperate which is something not that recommendable when it comes to
this matter. Just mind off about dealing with unpredictable market, always set stop loss and dont have that gambler like mind or behavior because trading is a
different thing which it should be differently treated as well.
If you can't handle the risk, better not to deal with a gambler type of trader. It will backfire on you if you rush your investment. I agree that having stop-loss will help you if you are in a daily or in a short-term trading practices, it will avoid you to suffer from deep downfall, though there's also a disadvantage which you needed to consider, the volatility can harm your strategy as short dump can have a quick pump back which already triggered your position.
Things that you needed to assess and consider before you put your step inside the market, make sure that you are willing and ready to work on this side of this business.
Control your emotion, believe me, emotion is your biggest number one enemy. Especially the fear and greed know how to stop loss and know how to take profit.
Please don't stay away from BTC since if you can predict BTC moves you can predict the most market is going. In fact, most of traders that I have followed what they do first is predict BTC moving after that they start to analyze the altcoin. Bitcoin waves is real.
Good Luck
If you can’t be good in trading btc, might as well that you will also find it hard to be profitable from trading altcoins. So stick to bitcoin regardless of how the market performs. And as a trader, never go all for money because you will definitely fall from that mindset. Just take advantage in every possible chances, and do stoploss whenever it’s badly needed.Stay away from btc If you are futures trader btc moving too slow.
Please don't stay away from BTC since if you can predict BTC moves you can predict the most market is going. In fact, most of traders that I have followed what they do first is predict BTC moving after that they start to analyze the altcoin. Bitcoin waves is real.
Good Luck
should really make yourself chase up for profits or making money because it would really be just making you desperate which is something not that recommendable when it comes to
this matter. Just mind off about dealing with unpredictable market, always set stop loss and dont have that gambler like mind or behavior because trading is a
different thing which it should be differently treated as well.
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