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Topic: Teach me how to fish - page 5. (Read 1902 times)

sr. member
Activity: 1414
Merit: 265
Pepemo.vip
December 29, 2019, 03:15:12 AM
OP you have lost once and still wanna try again. You must understand that trading is not an easy thing to do. It requires proper skills and training before you actually start doing it. Why dont you just learn trading first?
I never recommend trading as it always leads towards loss.
sr. member
Activity: 1414
Merit: 358
December 29, 2019, 03:03:27 AM
In order to learn how to fish, you should have some basic equipment. Base in this situation, you already have the basic equipment and that is the internet, eagerness and also the curiosity. You should equip those things very well in order to push yourself to dive into the internet to explore and gather more information related to trading. If you don't do it by yourself, then you are not asking to learn how to fish but you are asking for a fish.
I think people who want to trade have understood that about how it trades and more information about cryptocurrency. And I think that person already knows how to determine the right point for buying and selling coins to be traded and the important thing is how we look for opportunities from good coins to trade.

I believed you both don't read what the OP said before making this post because he was already into cryptocurrency trading before but never turn out so well for him and he's asking for the right guide which will make him trade successfully instead of making losses.
Overall the general information will show the end light for finding the right way on the trading journey. The crypto market is not a good place to start the risky trading strategies, the meltdown can wipe out the gains faster than the blink of an eye. Losses are inevitable, just they need to learn how to turn the loss to profit.
Losses are part of the process, we should not be afraid to make mistakes sometimes. The more the losses, the more passion and hardwork that we will do in order to regain the money that we lose, lose is part of process but we should make sure that we will learn from it in order to avoid that kind of situation in the future. A good trader are not arrogant and a good trader is accepting new ideas from other people.
legendary
Activity: 1638
Merit: 1033
December 29, 2019, 02:39:26 AM
~snipp
Overall the general information will show the end light for finding the right way on the trading journey. The crypto market is not a good place to start the risky trading strategies, the meltdown can wipe out the gains faster than the blink of an eye. Losses are inevitable, just they need to learn how to turn the loss to profit.

Only whales know how to turn a loss into profit, just as when there is massive dumping, that's when there is a whale that makes a profit. We are only required to think how the whales thinks, if not then we who will become whale's food, trapped in losses.
sr. member
Activity: 980
Merit: 255
December 29, 2019, 12:26:49 AM
To start trading you have to be determined, there will be loses and there will be gains as well but learning with your determined mind will make you a pro trader in no time, if anyone tell you they don't lose will trading its a big fat lie
One very common misconception about the markets and their successful participants is that many believe that those that obtain huge profits never make mistakes and that is not really accurate.

Losing money from time to time is expected if you are thinking on becoming a professional trader but that is not really a problem especially if you use a stop loss and you control your emotions, but for some reason as soon as some traders lose some money they see it as the end of the world and commit all kind of mistakes until they have damaged their capital to the point they will never recover their money.
full member
Activity: 1148
Merit: 116
December 24, 2019, 04:24:48 AM
To start trading you have to be determined, there will be loses and there will be gains as well but learning with your determined mind will make you a pro trader in no time, if anyone tell you they don't lose will trading its a big fat lie
full member
Activity: 491
Merit: 100
December 24, 2019, 01:10:11 AM
I see here that you are mainly interested in daily trading but I think you start with investment like buying some good coins when they are low then you sell when there is at least 10 percent price increment gradually you will understand how to enter a trade low and sell high.
sr. member
Activity: 980
Merit: 255
December 23, 2019, 11:18:14 PM
The best way for you - to start with a theory. Learn the basic terms and strategies in trading. Then start testing them in practice. And only after you try everything, you will be able to determine for yourself the most working strategy that brings the most profit.
The key to all of this is to test whatever strategy that you are thinking on employing, one very common mistake that I see in the forum is the newbies try a strategy that they read about on the Internet but they do not really know if they can obtain profits with it, they are just hoping that whatever they read is in fact a useful strategy.

And that is not really a way to trade the markets because when things get difficult you are more likely to stick with your method if you know 100% that is profitable.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
December 23, 2019, 07:44:50 PM
In order to learn how to fish, you should have some basic equipment. Base in this situation, you already have the basic equipment and that is the internet, eagerness and also the curiosity. You should equip those things very well in order to push yourself to dive into the internet to explore and gather more information related to trading. If you don't do it by yourself, then you are not asking to learn how to fish but you are asking for a fish.
I think people who want to trade have understood that about how it trades and more information about cryptocurrency. And I think that person already knows how to determine the right point for buying and selling coins to be traded and the important thing is how we look for opportunities from good coins to trade.

I believed you both don't read what the OP said before making this post because he was already into cryptocurrency trading before but never turn out so well for him and he's asking for the right guide which will make him trade successfully instead of making losses.
Overall the general information will show the end light for finding the right way on the trading journey. The crypto market is not a good place to start the risky trading strategies, the meltdown can wipe out the gains faster than the blink of an eye. Losses are inevitable, just they need to learn how to turn the loss to profit.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
December 23, 2019, 06:53:02 PM
In order to learn how to fish, you should have some basic equipment. Base in this situation, you already have the basic equipment and that is the internet, eagerness and also the curiosity. You should equip those things very well in order to push yourself to dive into the internet to explore and gather more information related to trading. If you don't do it by yourself, then you are not asking to learn how to fish but you are asking for a fish.
I think people who want to trade have understood that about how it trades and more information about cryptocurrency. And I think that person already knows how to determine the right point for buying and selling coins to be traded and the important thing is how we look for opportunities from good coins to trade.

I believed you both don't read what the OP said before making this post because he was already into cryptocurrency trading before but never turn out so well for him and he's asking for the right guide which will make him trade successfully instead of making losses.
full member
Activity: 780
Merit: 101
December 23, 2019, 06:45:12 PM
The best way for you - to start with a theory. Learn the basic terms and strategies in trading. Then start testing them in practice. And only after you try everything, you will be able to determine for yourself the most working strategy that brings the most profit.
full member
Activity: 523
Merit: 100
December 23, 2019, 05:43:11 PM
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
If you invest in new projects than point is for holding. Almost few years of project is good for trading because this types of project fill up some space as demand. New coin also can bring you some profits if your research is good by selection a project by partnership and good volume exchange.
member
Activity: 770
Merit: 14
www.thegeomadao.com
December 23, 2019, 11:30:55 AM
I think the best guide anyone can provide about trading is google tutorials. You can also depend on advice and suggestion provided by the forum members. For me, I once switched to trading after suffering a big loss in cryptocurrency. But there too I god loss although I followed advice relating to it. I think luck also plays a role.
sr. member
Activity: 784
Merit: 250
Vave.com - Crypto Casino
December 23, 2019, 09:56:53 AM
In order to learn how to fish, you should have some basic equipment. Base in this situation, you already have the basic equipment and that is the internet, eagerness and also the curiosity. You should equip those things very well in order to push yourself to dive into the internet to explore and gather more information related to trading. If you don't do it by yourself, then you are not asking to learn how to fish but you are asking for a fish.
I think people who want to trade have understood that about how it trades and more information about cryptocurrency. And I think that person already knows how to determine the right point for buying and selling coins to be traded and the important thing is how we look for opportunities from good coins to trade.
legendary
Activity: 2982
Merit: 1028
December 23, 2019, 02:22:13 AM
If you want to increase income in the crypto world, of course you have to first learn how to invest right, and most importantly you have to choose altcoin that has the potential so that you don't get stuck with low prices but don't go up, altcoin already has that potential like bch, xrp, dash and eth because the coins are already very convincing.
As long as you have your determination to earned and you are open for more learning to acquire while you are working with your opportunities to make things profitable with your investment. Chances are open if you are really looking deeper, everything you need are searchable information is not that hard to find if you really want to understand the business that you are placing your investment.
sr. member
Activity: 1974
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
December 22, 2019, 12:05:39 PM
I just learn myself in trading so here's my basic strategy, I just start to buy bitcoin when the price starting to increase and I will sell once I gain profit around 1% - 5% and don't forget to set a stop loss at least -2% so less losing money.
You set the stop loss too low, and with the market always going down like it is now, I think you will keep losing because you hit the stop loss. It is best to set a stop loss of at least 5-10% if you are confident in your trading experience, or long-term hold options with bitcoin. If you continue to trade your way, I think sooner or later you will quickly lose all your investment.
full member
Activity: 1344
Merit: 102
December 22, 2019, 11:52:34 AM
I just learn myself in trading so here's my basic strategy, I just start to buy bitcoin when the price starting to increase and I will sell once I gain profit around 1% - 5% and don't forget to set a stop loss at least -2% so less losing money.
sr. member
Activity: 756
Merit: 257
Freshdice.com
December 22, 2019, 10:17:25 AM
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
if you remember this "buy low and sell high" some people may think if buy low can be achieved easily but the problem is how you can get the bottom price of coin that can give you instant profit when there will be a bump again. If you are willing to do trade again and you can start to think if the bearish trend will always be the your range to enter the market.
You don't need to learn everything like fibonaccim or another technical analysis caused by this is crypto when something getting affected by various factors especially the fundamental that comes from the news everyday.
What you need to learn  is about how to get the bottom price when there will be a bearish market.
put that as your main point to trade. never try to join in the market when it was getting bullish.

Finding the lowest low to buy and start investing is indeed not an easy task. Also, many people always make unrealistic goals that's why they often found themselves unsatisfied and regretful in the end of the bargain. Even I, was once a greedy one and only after the potential profit that the crypto could offer to me. Trading isn't just targeting the point where you can earn the most. It is studying first the trend before you taking the risk. Knowing that the market for this particular crypto is bad enough, makes a lot of difference in the end of the deal.
member
Activity: 854
Merit: 10
December 22, 2019, 09:43:38 AM
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
Since you already started trading, it would have been good if you had continued. In fact, those who started back then, whom we now know as pro had made mistakes at one point or the other. They learnt from their mistakes and today, people want to associate with them. You can also be better if you really want you. Winners do not quit.
sr. member
Activity: 2198
Merit: 273
Vave.com - Crypto Casino
December 22, 2019, 06:23:25 AM
in this bearish market, you should learn 'short' trading. it can give you profit even when the price goes down
it is very suitable in this bearish, you dont need to worry
you just learn more about money management as well, it is very needed
bcz short trading is more risky than spot trading.
You are right, fishing can try with the smallest leverage as a first step while trying to understand the mark price, balance limit, and liquidation. But also be careful because losses can be worse than the spot market. can be very daunting if without mentality, and a strong asset balance. I don't recommend this, but actually this is the best method for a bearish market like now.
sr. member
Activity: 966
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
December 22, 2019, 03:47:06 AM
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
I think you should learned first to control your emotion because when you're doing a trading sessions your emotion are mixin up that it was difficult for you too handle and it can influence your judgement, that was my personal experiences before my emotions is like a wall that block my better judgement. the second is those strategies study the charts and try to predict the imotions of traders via the candlestick just remember that losing is part of any trading sessions but don't let it destroy your will to achieve a better results.
Well, emotion is something that you can't easy control but in terms of knowledge, if you have proper knowledge, that is when you will be having the control not only with our emotion but also in our actions. The reason behind being controlled with our emotion is because of lack of knowledge, so doing research would be the best action.
Sometimes we have to be able to control our emotions to not rush in making decisions or rush in deciding to buy coins, because most people are too confident when they see the price of a coin falling and then they will immediately decide to buy it because he thinks the price will return ride. But without realizing it and without seeing or observing the cause of the falling price of the coin is a wrong thing and you can actually get even greater losses.
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