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Topic: there is no word stopping to trade crypto. (Read 945 times)

hero member
Activity: 826
Merit: 500
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As a trader its theres no way to stop to trade it because its is your work for everyday and you will see that crypto coins gets up and a good to earn and gain some money at this moments.
"Trader" word itself means that the individual is managing this financial situation by trading with cryptocurrencies. Trading is a deep concept which has a lot of ups and downs which needs to be faced in order to make some profits out of our capital investment. Those who are motivated would give their 100% into trading and might hardly neglect it.

The one's who have least intrest in trading would never give that great attention towards trading and might not have that good profits as a regular trader has. Regular traders needs to be much professional and full of knowledge!
full member
Activity: 868
Merit: 100
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As a trader its theres no way to stop to trade it because its is your work for everyday and you will see that crypto coins gets up and a good to earn and gain some money at this moments.
hero member
Activity: 1694
Merit: 502
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when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
Don't be so encouraging. Technical analysis works in all markets and in the cryptocurrency market too. When Bitcoin cost $ 10,000, then everyone shouted, it is cheap and you need to buy. Yes, now bitcoin has grown, but correction is inevitable. And certainly it makes no sense to buy it now. Simply wait for the environment and buy below.

Exactly, in every aspect of trading there is growth and technically we need analyse the market. Of course, the market correction are always important to us, so we shouldn't wait for the market down time because people will grab many coin when the market is completely in down trend.
In trading we have growth, and we have fails, knowing what to do when its going up or down is what makes someone a good trader who make profit. Corrections are part of the process, you can avoid them as a trader. Only long term holders should learn how to not be touched by correction and to not sell in panic, traders are the ones who buy in corrections.
Once you get into crypto in anyway, trading, holding, having fun, soon you get addicted to this new world and there is no word about moving from here.
sr. member
Activity: 1540
Merit: 255
when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
Don't be so encouraging. Technical analysis works in all markets and in the cryptocurrency market too. When Bitcoin cost $ 10,000, then everyone shouted, it is cheap and you need to buy. Yes, now bitcoin has grown, but correction is inevitable. And certainly it makes no sense to buy it now. Simply wait for the environment and buy below.

Exactly, in every aspect of trading there is growth and technically we need analyse the market. Of course, the market correction are always important to us, so we shouldn't wait for the market down time because people will grab many coin when the market is completely in down trend.
member
Activity: 314
Merit: 10
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That's right, a trader should not be a desperate person and keep trying to find profit gaps in any market conditions. It is not a big problem or a small profit that we will get, but it is far better than the loss.
Traders will never stop buying and selling because it is a profession that must be lived, whatever the risks. Profit is something that is sought with thought and analysis in making decisions, because momentum is an important factor in crypto trading.
Meanwhile, to minimize losses, traders usually divide their merchandise into prospective products according to their analysis. This will increase the profit if the crypto product actually rises all. Earnings will multiply.
full member
Activity: 1106
Merit: 166
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when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
the success does not depends on the value of the development how can we handle the measure matter of success so if something going on your mind will not been do it again then making your way to a different dimension will helpful for you to adjust the situation.
full member
Activity: 616
Merit: 100
It can be done to start again, essentially we must be able to understand the trading chart, so as not to get stuck and experience losses, buy good coins, like btc, ltc, bnb, xrp. And don't be too greedy for big profits.
full member
Activity: 756
Merit: 108
when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
Don't be so encouraging. Technical analysis works in all markets and in the cryptocurrency market too. When Bitcoin cost $ 10,000, then everyone shouted, it is cheap and you need to buy. Yes, now bitcoin has grown, but correction is inevitable. And certainly it makes no sense to buy it now. Simply wait for the environment and buy below.
sr. member
Activity: 2436
Merit: 272
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Not everyone has the courage to go back to their trade even with the current green sign in the market especially bitcoin. Most people invested in crypto during the ath moment which they haven't recovered from till now. The few ones that will have the courage to bounce in back now are the ones that the huge dump didn't really or didn't affect at all, while others are those coming in for the first time hoping to see a profit from it with the current market situation.
Those who wait for their desired price to come are long term traders and we can't say them as professional or skillful trader.One who uses the market condition and extracting profits from the available coins aew called as best trader and who will neer stop trading crypto whether the market condtion is green or red.
full member
Activity: 322
Merit: 100
That's right, a trader should not be a desperate person and keep trying to find profit gaps in any market conditions. It is not a big problem or a small profit that we will get, but it is far better than the loss.
member
Activity: 183
Merit: 30
whether it is bearish or bullish market, one trader can always make a profit.
hero member
Activity: 966
Merit: 517
No one was born a wise trader. That attribute of wisdom comes with years of learning and tweaking of skill set which must have experienced loss of trades before one got a handle on it. If one is scared of loss one won't have a grip on trading. It's a win or lose situation once it comes to business, trading inclusive. One good thing about cryptocurrency is that no loss is incurred until the crypto is sold. This is unlike forex trading where whether buy or sell one can make losses.
When you are trading with your hard earned money, you will not take such chances, trading must not be complicated if you stick to the basics, buy low and sell high and if you follow those basics, you will never end up in a loss how raw you are when it comes to trading, just use your common sense and have a better understanding of the market situation if you invest money in it.
This only suit for the people who want something from trading but lot of traders have some goal to reach so if they want to make profits without much opportuities then they need to take such risks.It is worth to take as well when the rewards are huge when compared to forex or stock tradings.
Well crypto business (trading or speculation) is keep no doubt an arena of risk. Your invested money is never secure and in vulnerable and prone to so many fluctuations which might be adverse as well. But since there is volatility, a good project is always likely to gain value and hence profits for investors. In a bullish market like this, it would be a mistake if you do not take part in the money making process. Do not miss out the chance to do so.
Hardly any of the crypto enthusiast would miss the chance to invest into these bull markets. Also the investments in any field are always subject to risk so we cannot expect profits each time. There are bad times when peoples do face some loss but in such situations, it always matters to stand firm and re invest to cover most of our loss and run again within profits.

Trading with the decentralized currencies are always much volatile and expecting profits each time would be the first sign of greed. There might be loss or profit and you have to treat the money you invested as a extra money source and also might need to forget about that money.
hero member
Activity: 1148
Merit: 527
when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
There are some weak minded peoples who would quit trading once they have any major loss. This is actually the common tendency about max of the peoples but the ones who start odd from the crowd are the ones who are strong in the matter of holding and firmly supporting their trades onto which they made their investment.

The peoples who would always be patient and will keep supporting the cryptocurrencies will be the ones who would last longer in the field of cryptocurrencies and would also make the most profits. Price reduction of the coin we invested into should not be anything to worry about but instead it should be treated as a perfect time to buy those coins again.
copper member
Activity: 546
Merit: 1
Not everyone has the courage to go back to their trade even with the current green sign in the market especially bitcoin. Most people invested in crypto during the ath moment which they haven't recovered from till now. The few ones that will have the courage to bounce in back now are the ones that the huge dump didn't really or didn't affect at all, while others are those coming in for the first time hoping to see a profit from it with the current market situation.
legendary
Activity: 1876
Merit: 1003
Some people here for one time profits so they will go out of the market once they made their desired profits but many of the crypto traders are not going to stop because they can find crypto trading is more easy and more profitable than compared to other trading methods.
It is a debatable theme to leave the crypto space after reaching the personal goal. Full time traders never quit the trading even if they have no interest to continue the trading financial markets. It is profitable, undoubtedly but some real life situations an be a reason to decide for an early walk.
sr. member
Activity: 2534
Merit: 332
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Consistency is part of trading experience. Most people are easily discouraged when things are not going their ways. . This shouldnt be so.

It is important to learn how to trade to reduce the rate of losses.
And do not trade with what you can't afford to lose.
I fully agree on this one yet ive been having this kind of emotional problem where i do suffer loss i do easily discourage which would result into
thinking to completely stop yet ive been doing things which arent going on what i do expect or simply not profitable.Making mistakes are inevitable
but most people do easily got affected with their emotion which we should endure it for us to learn more.
Ucy
sr. member
Activity: 2576
Merit: 402
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Consistency is part of trading experience. Most people are easily discouraged when things are not going their ways. . This shouldnt be so.

It is important to learn how to trade to reduce the rate of losses.
And do not trade with what you can't afford to lose.
hero member
Activity: 784
Merit: 502
Some people here for one time profits so they will go out of the market once they made their desired profits but many of the crypto traders are not going to stop because they can find crypto trading is more easy and more profitable than compared to other trading methods.
legendary
Activity: 2926
Merit: 1130
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If we just follow the basics in trading with buy low and sell high strategy, we will still not lose even if the market price falls down immediately.

but the question is how can you buy low when you dont know the exact bottom price point for cryptos ? plus the market is hardly going down these days . the same as selling . its easy to say sell at highs but the market wont just increase or pump but rather it usually remains stable at a median price  .

@op no stopping ? are you sure about that ? what if a trader is tired and feel stressed ?  its a good thing to take break for while to be able to relax  ....

I understand the difficulty in knowing the entry point, but as a trader, one has to really learn how to use technical analysis if one is to know the entry point.

Most cryptos has already bottom and any amount one buys now for a long term investment will still yield a very solid result in the future, but we no longer deal with bottom again now for short term trade, we only watch out for when these cryptos drop in value to buy, then sell again when they increase in value.

There was a particular day, bitcoin dumped and pumped almost 3 times in a day and through my technical analysis, I was able to take advantage of those points to make profit.
hero member
Activity: 1008
Merit: 501
No one was born a wise trader. That attribute of wisdom comes with years of learning and tweaking of skill set which must have experienced loss of trades before one got a handle on it. If one is scared of loss one won't have a grip on trading. It's a win or lose situation once it comes to business, trading inclusive. One good thing about cryptocurrency is that no loss is incurred until the crypto is sold. This is unlike forex trading where whether buy or sell one can make losses.
When you are trading with your hard earned money, you will not take such chances, trading must not be complicated if you stick to the basics, buy low and sell high and if you follow those basics, you will never end up in a loss how raw you are when it comes to trading, just use your common sense and have a better understanding of the market situation if you invest money in it.
This only suit for the people who want something from trading but lot of traders have some goal to reach so if they want to make profits without much opportuities then they need to take such risks.It is worth to take as well when the rewards are huge when compared to forex or stock tradings.
Well crypto business (trading or speculation) is keep no doubt an arena of risk. Your invested money is never secure and in vulnerable and prone to so many fluctuations which might be adverse as well. But since there is volatility, a good project is always likely to gain value and hence profits for investors. In a bullish market like this, it would be a mistake if you do not take part in the money making process. Do not miss out the chance to do so.
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