Topic: Profit matters most in crypto currency - page 7. (Read 1780 times)
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.
I agree that always take profit when possible is important, but i think most people dont think like that. Lots of people know what the market did in 2017 and now they always want that bull run happen again, so most of them will waiting for large profit and not accept small profit.
indeed in 2017 you can get a lot of profit because cryptocurrency prices in exchange places are increasing and demand conditions are very high so that it can make the price very expensive and many people get profit, whereas in 2018 until 2019 it is difficult to be able to make a profit because his condition is weakening, hopefully in 2020 this can get a lot more profit from cryptocurrency. sr. member
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—RUSHMOON — Automatic LP & Yield Farm & AMM on BSC
I agree that always take profit when possible is important, but i think most people dont think like that. Lots of people know what the market did in 2017 and now they always want that bull run happen again, so most of them will waiting for large profit and not accept small profit.
I have been in situation where I dillly dallied and eventually lost the entire profit. I have learnt my lesson these days every little profit that comes my way o am taking it straight up, no time to waste
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.
In trading, don't prioritize lust because lust can make you wrong when making decisions. some trade experts say focus on what is in front of you means that we should take real advantage rather than expect the pope to come to you. Manage your finances before you are governed by your anger. 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 problem is people don't have patience and it is a normal thing after facing a losing streak but short-term trading is the not right way to take profits because people who are afraid always go for short-term but if you look at the bigger picture you can see things more clear. I just half agree with your points but I think the long-term is the best way to accumulate in the crypto market.
Quality of a project is what matters most to me in crypto currencies, shitcoins are coins one could dump when there is few profits gain on them, if you dump quality projects for few dollars you will bite your tongue later on 
In conducting a trade of course we must be prepared with everything. Possible risks that exist and in this case very necessary knowledge that is qualified in every analysis of price movements, so that we can minimize any risk of loss that cans occur and the most important for a trader is patience and not panic in making a decision in making a transaction.
Patience matter most in crypto currency
Crypto space is unpredictable, few weeks ago i quickly dump some tokens i earned from a bounty and after a day or two the price rise from 0.003 to 0.006 which is doubled, what should be everyone's priority in crypto space is solid projects, not all coins and tokens are meant to be dumped.
Right now crypto currency is all about trading and thus, profits become an important part of it.
People hardly use crypto for the purpose it was created that is giving people an independent form of monetary system. Something which is not controlled by anyone and everyone is responsible for his/her money. The decentralized crypto currency is finding it hard to be used as one. We mainly use it for speculation purposes, to grow our investment and then convert it back into fiat for the actual use.
People hardly use crypto for the purpose it was created that is giving people an independent form of monetary system. Something which is not controlled by anyone and everyone is responsible for his/her money. The decentralized crypto currency is finding it hard to be used as one. We mainly use it for speculation purposes, to grow our investment and then convert it back into fiat for the actual use.
I don't share the same belief with you. If we must always withdraw to our local bank account, how then do we benefit from cryptocurrency when a heavy bull run takes us by surprise? There is more to holding than just selling off your position. 2017 taught me a hard lesson when I should have been financially free, I invested in Ponzi instead of having my BTC in my wallet.
For that reason, in trading I have never been greedy, once I made a profit even though it was not big then I sold it, I never held my coins with a very large profit, because when I want to be bigger, the market turns down and I have to wait even longer to make a profit, and I experienced it until I lost in trading.
You need to have the patience when it comes to making the right profit, have an understanding about the market situation and have your own calculation how long it can break the resistance in a bull market and if you have those basic idea then you can make the maximum profit rather than holding for too long and sell when the market start to fall.
For that reason, in trading I have never been greedy, once I made a profit even though it was not big then I sold it, I never held my coins with a very large profit, because when I want to be bigger, the market turns down and I have to wait even longer to make a profit, and I experienced it until I lost in trading.
but at least you count before take profit.
because opportunities will not come very easily, even though we know that market conditions can change at any time, so at least maximizing results is also important.
Happy new year, too.
because opportunities will not come very easily, even though we know that market conditions can change at any time, so at least maximizing results is also important.
Happy new year, too.
Good advice OP but all this is happening because of present market condition, since everything in crypto space looks bearish it's better to take out your profits once you see some gains, not until market changes i will keep taking out my profit when i can
It's still going to be a stupid move if you sell off coins that have better potentials than others because you will regret your action later , the best advice you can give people is not to hold unto all coins, they should sell those that aren't strong enough
But according to what I observed most people would prefer to hold all the coins they have even though the price of the coin continues to decline and eventually becomes worthless. In my opinion, everyone has their own way of deciding to hold or sell the coins they have and whatever decision they make, of course they must be prepared with all the risks.
If we all put that into consideration, then the mistake made by many would have been eliminated, which is GREED. Greed is an hair that has affected a lot of folks, whenever they invest or are in the process of trading.
Although, there are also times that holding a coin to a reasonable point, can bring in huge profit. Someone who want to do this, would have done a proper analysis and know what he is waiting for.
Although, there are also times that holding a coin to a reasonable point, can bring in huge profit. Someone who want to do this, would have done a proper analysis and know what he is waiting for.
I looking a like point crypto currency also risk and if you want profits always in crypto it's not possible because lot of smart people do not tell you surely profit chance. Bank good safety for save your money with they give you lower profits so crypto would like huge profitable chance if you can understand mainly.
Then if you want to have profits out wit them. Make yourself smarter. You did not make profit because of your point of view. You think there is no or impossible to get profit so that is what happen to you. If you happen to take advantage of the cryptomarket volatility then you can have yourself a profit.
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.
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.
You have a point. But I have read in one of the Tweet of a highly successful traders that "waiting for the best highs and lows is important. But sometimes knowing how to use the in-betweens would give you more profits". In crypto trading where it is highly volatile, timing when to buy and sell is very important.
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