Topic: My advice If you are here to make money - page 5. (Read 1473 times)

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

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.

Everyone has their own position, vision and trading opportunities. It is difficult to say which strategy is good, because everyone determines it well. It is very good that you shared your vision and strategy in cryptocurrency trading, I am sure that many, like me, will be able to try it out. But still, cryptocurrency trading is largely an unpredictable process, and for successful trading, you need to have a lot of important information and, of course, experience.

Keep your focus on how to make money.
Dont try to predict Market too much.
Stay away from btc If you are futures trader btc moving too slow.
Best is If you Open position everyday long or short keep the position Open few HOURS and cash Out the profit then forget about Market and btc go do your normal life things.
Biggest mistake traders do are this they Open positions like eth btc then those coins tend to move slow and while they waiting they might change their mind and making mistakes.
You should only focus on few HOURS how to cash out money from Market that's it.

I don't read any news i dont care much about btc and price but everyday i make money becouse i Open position for few HOURS and then whatever money i make i cash out this money.

I been making mistakes like i Open btc short when i know Market is up but still btc did not moved like few days so it means i did not make any money few days i was waiting like a fool instead of that If i was gona long and short other coins i would Made money everyday.

Most important in crypto is stable income everyday.
Just becouse btc are so slow i dont trade btc with futures much but If i do then i also trade others i dont keep my hopes on btc much.

But btc are great Market indicator so i use btc price as Market indicator to know when to long or short.

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.

I been making mistakes like i Open btc short when i know Market is up but still btc did not moved like few days so it means i did not make any money few days i was waiting like a fool instead of that If i was gona long and short other coins i would Made money everyday.

Most important in crypto is stable income everyday.
Just becouse btc are so slow i dont trade btc with futures much but If i do then i also trade others i dont keep my hopes on btc much.

Though it is not easy to generate income from trading crypto currencies, because it is highly volatile,  but if you develop good trading strategy, manage risk, learn technical skills and stay up to date with new trends in the market then you can make well informed decision to enter and exit in the market at right time and make regular income.

What do you mean, mate?
I don't think predicting market trends is a problem. It is the way to know your opportunity to buy or sell. Predicting is a necessary part of trading or investment. If you can't predict the market trends, you don't know when the best time to collect crypto assets and take the profits.

Almost all crypto coins move slowly in the current market condition, not only BTC.
If you are not familiar with future trading, sure you need to stay away. But if you know well it, why do you need to stay away?

If you are trading crypto coins, you can't expect stable income.
For me, the income from crypto trading is always hard to predict. Crypto price is very volatile and the market trend is unpredictable. It is the factor to make it difficult to get a stable income in crypto trading.

When it comes to futures, we want our money to grow with the lowest possible risk and the biggest potential returns and rates of return. Although there are wise ways to approach it, there are no quick fixes to become wealthy.

When it comes to futures, we want our money to grow with the lowest possible risk and the biggest potential returns and rates of return. Although there are wise ways to approach it, there are no quick fixes to become wealthy.

~

When it comes to futures, we want our money to grow with the lowest possible risk and the biggest potential returns and rates of return. Although there are wise ways to approach it, there are no quick fixes to become wealthy.

   -  So what you want to convey is that crypto traders do this position trading that you are saying OP right? And then come back depending on the time that an individual trader chooses whether it is 1 hour, 2 hours, or more.

Although we are all here in crypto trading, we all want to make a profit every day, but it's not as easy as you say when you do it in actual trading dude. It looks easy but the truth is that it is difficult to apply that in real life.

Mistakes and errors are learning curves and stepping stones for you to make yourself better and make yourself able to learn up which would really make you avoid on future similar scenarios that you might experience.
Majority of people do really comes into that main goal which is to make profits here on crypto space or whatever market you are involved with. If you do really longing for that target or goal

That's wrong  conception, because the objective of anyone who's into trading is to ensure that they have achieved their objectives in trading, so average trader what they have in mind is to make profit, so don't encourage anyone to venture into lose because of it wants to learn better in trading, lose will come when their is mistake from you, and you will stand to correct such error not to repeat itself, so the essence of understanding more in trading it's when you make a mistake and get lost, the lost will make you to correct your error.