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Topic: Profit matters most in crypto currency - page 6. (Read 1780 times)

copper member
Activity: 238
Merit: 1
January 05, 2020, 11:07:44 PM
You made a valid point, the most important factor is being profitable in every investment scheme. I personally have a goal for every coin in my portfolio, I wait for the price to increase to the level of my desire. This is simply because, I don't need fiat urgently and can be patient.
hero member
Activity: 3010
Merit: 524
Leading Crypto Sports Betting & Casino Platform
January 05, 2020, 07:14:45 PM
Yes sure, I'm agree with you. In the end just want to get profit even it just 1% from trade. We just need doing it consistently, let's make it 1% growth per day in your an exchange account, you will see how much it will be in a month. Even crypto market is unpredictable at least you must follow the rules of you own when trades.
Easy to say hard to do, if everyone could mantain 1% profit everyday easily there'll be no poor people but sometimes in reality today you got 1% profit tomorrow might lose 20% no one knows and that's why very few people comes out victorious from trading even in short term trading there's too many uncertainty.
member
Activity: 1540
Merit: 68
January 05, 2020, 07:09:50 PM
I think an important part has been left out.
It is true that profit is good. but before profits can be ascertained, facts remain that the project must be very good and accomplish their roadmap in good time and also offer good product.

So this takes us back to the basics of crypto currency.
Always do your research.
Don't get emotional with trades and profit will follow suits.

sr. member
Activity: 560
Merit: 256
January 05, 2020, 11:10:44 AM
We invest in cryptocurrencies for the purpose of seeking profit. So big or small profits we are all very interested. Of course you and I both enjoy great profits. I agree with you the difficulty not to be missed. Know to overcome the difficulties in investing cryptocurrency to succeed.
hero member
Activity: 1624
Merit: 500
January 05, 2020, 02:40:34 AM
For me, no matter how volatile the crypto world is, as long as the funds I use in trading or investing do not come from my salary working in the real world, that's fine.
Because of the fact that I have been making money since 2014 in the crypto world, I have never even spent capital out of my salary in the real world to crypto world.
Thus, I am always happy no matter what happens because I always profit in this case (not spending money from my real salary)
It just like me. I also consider that this is an interesting thing, and worth to learn, so I don't pay much attention to the price. besides, if there is a day awaited like halving, or other developments, it can be an opportunity. "Don't expect too much", that's the thing you need to instill in yourself if you enter the crypto world, because if you invest more than you can have, it will be very risky because of this volatile nature from crypto
member
Activity: 476
Merit: 12
January 05, 2020, 01:37:32 AM
You are right we are here to have profit. Any amount that we earn are need to take because you are the one who work for it. I am agree that profit is matter because in this industry we are all businessman that the main purpose is to have profit. But always remember that your profit is based on your capital so don't expect a big profit you have only a small capital.
sr. member
Activity: 1050
Merit: 256
January 04, 2020, 10:21:19 PM
For me, no matter how volatile the crypto world is, as long as the funds I use in trading or investing do not come from my salary working in the real world, that's fine.
Because of the fact that I have been making money since 2014 in the crypto world, I have never even spent capital out of my salary in the real world to crypto world.
Thus, I am always happy no matter what happens because I always profit in this case (not spending money from my real salary)
jr. member
Activity: 420
Merit: 1
January 04, 2020, 09:30:37 PM
When we want big profits but with small capital, I think it's only expected because many brokers have expertise in trading with large capital, so yes, all cryptocurrency will be valuable when converted to fiat / local currency in each country.
But small profits make me learn to be always grateful for the results of every trade and expertise that I have, cryptocurrency is the future of payment systems and in the future, I hope crypto is not only for investment but can be used for something more than this
full member
Activity: 1470
Merit: 103
COMBO 2.0
January 04, 2020, 07:48:42 PM
Is a volatile market yes but the truth is you can make it with careful analysis and managements it all depends on how you run your game and management Most people chose to manage things without prior knowledge and in the long run things backfires To gain in crypto you have to understand its volatility and know that you can change it you just need to adapt
sr. member
Activity: 756
Merit: 257
Freshdice.com
January 04, 2020, 07:03:08 PM
My brothers, anything crypto currency is highly volatile, don't hope on a hopeless hope, whenever you see profit, take it.

I will keep saying it,
in crypto currency profit is the game, you can always take your profit no matter how small and you will be happier at d end

Like I always say, small money in ur bank account is far better than $3k in ur online crypto wallet/exchange,

it can only be better the moment it's converted to your local currency.

Invest in crypto, safeguard your profit.

NB: Just my believes and mindset, I would love to learn even further from everyone here.
Ignore my English too

Happy new year.

The industry of cryptocurrencies is not limited to just taking profits from trades and investments. Of course, profit is pretty much important because it signifies the success if one's career in this field. But to accomplish this, the project must be first a successful one and a lot of factors are playing. These factors like the usefulness and relevance to the current trends are just few examples to determine the success and profitability of the project.
sr. member
Activity: 1092
Merit: 256
January 04, 2020, 04:14:52 PM
crypto which we call to invest money or want to get profit from it yes I can say it's safer to save your money in the bank than to save in crypto because it will make you lucky haha ​​this is a joke
full member
Activity: 812
Merit: 114
January 04, 2020, 04:06:03 PM
#99
Yes, everyone wants a good profit from their investment, but sometimes we need to hold tight and buy more. Right now, the crypto market condition is not better but everyone expects a better price for every potential coin. So, if someone sells their coin at this moment, they will regret after a couple of months. So, not every time is good for sell coins, but and hold now and sell after a couple of months and take the profit!
full member
Activity: 1134
Merit: 100
SOL.BIOKRIPT.COM
January 04, 2020, 09:35:48 AM
#98
not with me, I have greater assets in digital currency than money in my savings. I'm not doing this without a reason, I'm still waiting for the highest price before moving my digital assets to cash  Grin I don't want to regret a second time like the end of 2017
hero member
Activity: 1008
Merit: 501
January 04, 2020, 07:28:06 AM
#97
Yes, profit does matter in crypto, Nowadays everyone comes in crypto to make money, though the purpose was different before! Taking profit is really a brave move, and I always love to take it. Because when 90% of people keep telling you to hold, don't sell then selling token is not really easy! But whoever was greedy they are regretting every day and the seller becomes the winners. That's why my strategy is very simple, sell your crypto whenever you need it or want it! Hold it when you have enough money to spend and hold a certain amount which you can lose happily!
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
January 04, 2020, 03:35:10 AM
#96
profits that are consistent with regular trading will indeed be better than having to hold coins, because prices are very volatile and market conditions are very bad.
By doing scalping or continuous trading of course the profit will get quite a lot, if not trapped at market prices and can read the market movements well. Usually use a low TF to trade scalping.

You nailed it here, just like forex trading were a trader make profits consistently without taking a big risk in a very volatile and unfavorable market conditions, however in crypto when a trader buys at the peak and the price declined or dumps the trader has to wait for a  very long period of time for the price to pump or recover to break-even before taking profits.
Trading and earning 1% profits daily consistently with a good money management would amount to a big profit in a long term.
sr. member
Activity: 938
Merit: 250
January 04, 2020, 01:48:06 AM
#95
yes i agree with you op it is better to get a little profit but it is real rather than continuing to hold coins in exchange and hope prices continue to rise. but in reality the price does not go up it actually decreases. now I also prefer to make short-term investments if the coins that I hold have experienced a 10% increase I will sell and take profits. and when the coin price goes down I will buy again. I think this method is more profitable than long-term investments that have to wait a long time to make a profit.
sr. member
Activity: 534
Merit: 250
January 04, 2020, 12:02:14 AM
#94
profits that are consistent with regular trading will indeed be better than having to hold coins, because prices are very volatile and market conditions are very bad.
By doing scalping or continuous trading of course the profit will get quite a lot, if not trapped at market prices and can read the market movements well. Usually use a low TF to trade scalping.
sr. member
Activity: 1022
Merit: 252
January 03, 2020, 11:46:36 PM
#93
Yes sure, I'm agree with you. In the end just want to get profit even it just 1% from trade. We just need doing it consistently, let's make it 1% growth per day in your an exchange account, you will see how much it will be in a month. Even crypto market is unpredictable at least you must follow the rules of you own when trades.

And make sure don't go all in in every trade because that will be a waste if we did 1% profits each day but there are one day that our coins that lost 10% then we cutted loss, our 11 days would be a waste and not gaining anything. Money and assets management is really needed in cryptocurrency because a coins could gain 100% or loss 100% in just a day.
hero member
Activity: 1778
Merit: 504
WorkAsPro
January 03, 2020, 11:43:32 PM
#92
Yes sure, I'm agree with you. In the end just want to get profit even it just 1% from trade. We just need doing it consistently, let's make it 1% growth per day in your an exchange account, you will see how much it will be in a month. Even crypto market is unpredictable at least you must follow the rules of you own when trades.
Actually making 1% profit from trading is not easy and you need to have a lot of knowledge to be able to be more successful in this market. In my opinion, the most important thing is profit and must always know how to manage assets because this is the most basic thing before you choose to invest. In addition, you should also learn from experts on trading because they will give you a lot of useful advice.

However, you may not always be able to make a good profit and there will certainly be times when you feel very bored when you trade.
member
Activity: 634
Merit: 10
January 03, 2020, 09:45:52 PM
#91
whenever you see profit, take it.

I will keep saying it,
in crypto currency profit is the game, you can always take your profit no matter how small and you will be happier at d end

Yes, I do agree on taking profit as soon as you see some, but it still depends on how much profit will make you happy. Some see profits and grabing it as soon as they feel happy about it but also feel unsatisfied when they found out that their investment should have earned more if they haven't took that opportunity.

Like the OP said, profit matters most in cryptos, and all investors want is to earn large amount of profits but we do not know when will it happen. So we should always know ourselves, what will make us happy and satisfied. How much money do we want in order for us to be happy and satisfied.
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