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Topic: to be able to get a large profit in today's trading is very difficult! (Read 2368 times)

legendary
Activity: 3248
Merit: 1179
This is the topic from the last year, 2019! Since then bitcoin made quite a rise, and not just btc, many others did the same. I didn't look for any stats about the biggest gainers from the beginning of this year until now, but some projects made a huge progress, especially defi projects lately.
And don't think that the game is over, I expect a lot of turbulence until the end of this year. The prices are rising and there will be some drop, minor or big we will see, and after that we will have some new ups, it's what crypto market is, a roller coaster! But this roller coaster goes higher and higher.
member
Activity: 512
Merit: 10
BountyMarketCap
Actually, trading will be a loss or profit, but it depends on our strategy and what we are trading on. There is talk of some fate, but following the right strategy is the real aspect. There are losses but I don't think it is very difficult to make a profit. If you are patient, you will able to get a large profit in today's trading.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Yes there are so many coins available in the current market of crypto currencies which dies not make profit for traders now a day, so in this case the all crypto investors should be very careful about choosing any coins for trading.
Why end up choosing them at all when you have bitcoin which is good enough to be bought at the low and sold at high? Wasting time on altcoins which never perform anything good means wasting your resources on things that are already failed. Instead put that time and money in other sectors like Stocks, commodities and bonds. Its good to focus on other sectors instead of crypto for a while too. Good for the mind too.

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And if a person want to make his investment safe and secure then he need to start investment in bitcoin because it is a good coin and it makes good profit for the traders.
For crypto only bitcoin is what I suggest. But you can surely put in money in altcoins, but there is not guarantee to give a big profit or a stable price rise.
full member
Activity: 1638
Merit: 122
 so your saying that you can easily predict the flow of the coins before , thats why you earn huge but now its becoming different  ?  thats trading life .  not all time the coins will be on your favor so dont worry too much  .  many people are not blessed to have an ability like yours but most of us are confuse if what move where are going to make because we dont know if the coin will rise or not   . begging for tips or info to other good traders is okay to widen your knowledge but dont expect that you will win often after this   . market now is different you know
full member
Activity: 1540
Merit: 219
Now a days making profit from altcoins really difficult.but with proper research can help to make profit.few days ago made profit from ltc and eth.Though profit amount was not high.Now I exchange my all altcoins to USDT.Now trying to watch Market carefully.in this situation entry in altcoins is risky(in my view).    

When it comes to trading, strategies are always important and a no.1 factor for you to earn in trading. Most of the altcoins are not that popular and they not prioritize it once it is not in the market list.

Always observe how market works and it will guide you on what to do next. Making decisions without proper execution is hard to exchange so watch out.

So not only bitcoin, altcoin is also uncertain and sometimes working in a downward movement.

Obviously that's right, rooting for a large profit requires skill and patience in order to achieve it. You don't need to get some help to other people, maybe an advice is enough just for you to understand and to cope up with the market. Sometimes, you really need to adapt in your trading experiences in order for you to grow and learn the do's and dont's in trading.

It is really difficult nowadays to have a large profit, it really needs full effort, patience and adjustments. Good decision making is necessary for a better result of trading and profits because it will give you some positive effects and outcome in a certain transaction in the market.

When you want invest in a certain coins, choose also an altcoin because although it is not that popular, there's still a profit there. But still, prioritize bitcoin in all of your transactions as it is the best cryptocurrency that you can hold and manipulate in the market.
sr. member
Activity: 952
Merit: 251
You did not name the coins you choose to trade. I think your main problem is precisely this.
Surely you are looking for coins focusing on their growth potential or focusing on the likely fall of a coin in the future, usually in the short term.
Personally, I will recommend that you trade only Bitcoin, and open only long transactions until you get used to it and completely understand the market.

To be sincere too many of the coin are not making profit, or can you mention few that you are making good profit from. Probably 1 out of 10. Most of the coin now as soon as they get into your account they start depreciating in value until they become valueless. The only thing I will advice it the learn how to check for good futuristic project that has a prospect of meeting the bull and pumping..
Yes there are so many coins available in the current market of crypto currencies which dies not make profit for traders now a day, so in this case the all crypto investors should be very careful about choosing any coins for trading. And if a person want to make his investment safe and secure then he need to start investment in bitcoin because it is a good coin and it makes good profit for the traders.
sr. member
Activity: 1246
Merit: 255
You did not name the coins you choose to trade. I think your main problem is precisely this.
Surely you are looking for coins focusing on their growth potential or focusing on the likely fall of a coin in the future, usually in the short term.
Personally, I will recommend that you trade only Bitcoin, and open only long transactions until you get used to it and completely understand the market.

To be sincere too many of the coin are not making profit, or can you mention few that you are making good profit from. Probably 1 out of 10. Most of the coin now as soon as they get into your account they start depreciating in value until they become valueless. The only thing I will advice it the learn how to check for good futuristic project that has a prospect of meeting the bull and pumping..
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
You did not name the coins you choose to trade. I think your main problem is precisely this.
Surely you are looking for coins focusing on their growth potential or focusing on the likely fall of a coin in the future, usually in the short term.
Personally, I will recommend that you trade only Bitcoin, and open only long transactions until you get used to it and completely understand the market.
legendary
Activity: 2100
Merit: 1058
what I experience now is difficult for me to be able to get a big opportunity in my day trading, and the difficulty now is to be able to predict the price of altcoin, several times I make purchases of coins that I choose to trade tend to always go down, and I beg tips with all that there are those here who are proficient in day trading so that I can trade well and can benefit.
Trading can never be easy, it’s meant to be difficult and based on luck as well. If they made it easy for everyone, then by now most of us I guess we would be very rich because predicting the price will be easy as pie and we will all be cashing out full-time. Trading is not something that you can learn just a day, it requires a lot of hard work and dedication. You have to know what you’re doing, setup the right plan for trading and also know how you should manage your risk. If you’re just trading without looking into most of these things you’re just going to keep losing your money.

It is just like forex trading, if you check it out you will see that a lot of people are losing their money in it more than those that are making profit, that’s why you will see many people calling it a scam lol.
hero member
Activity: 1722
Merit: 528
Still, some of them are good to hold.

Not all of them but some of them. We can't ensure a good profit in the future in other cryptocurrencies but there are some that can give you a profit like Bitcoin. Predictions are hard but we try our best since we already know that it is a risk.
I hope in the near future the cryptocurrency will be more stable and the control market will work almost the same as the stock market or the currency market.

I really hope that it would happen.

There are a lot of whales in our market and they don't usually trade Bitcoin or other cryptocurrencies, they are holding it. I think that is also a reason why it is hard for it to have a profit. The liquidity of cryptocurrencies is getting low, unlike stocks where the liquidity of assets is so high. Also, with a lot of cryptos to choose from, I think it will always be hard.
hero member
Activity: 1372
Merit: 564
@Op, old days have gone. Have you bought Eth when you were watching strong dips? Waves? Freak man even Siacoin (SC) has more than doubled in a day itself. Crying will leave you in heaven while you watch others taking advantage of the opportunity and bang it on. Don't waste your time anymore these days as such are the days of making money, the alt season could spindly swindle many who think they are masters while those having patience will likely be rewarded with some possible 10x and even a 100x. Whatever has come down needs to go up to maintain its credibility in the markets and even the worst shitcoins will see a gradual spike in their prices seeing that the whales have gone wild now after accumulation phase has been over.

For me its depend what Altcoin to used for trading but before that you need to manually monitor the market before trading. To get large profit you should have the good Altcoin, then hold for a while and always monitor the market if you think the value is still going down then do nothing but if see a little by litte its rising then its time to trade your coin. The importance of trading is you must know when to trade and when to hold.
legendary
Activity: 3052
Merit: 1273
@Op, old days have gone. Have you bought Eth when you were watching strong dips? Waves? Freak man even Siacoin (SC) has more than doubled in a day itself. Crying will leave you in heaven while you watch others taking advantage of the opportunity and bang it on. Don't waste your time anymore these days as such are the days of making money, the alt season could spindly swindle many who think they are masters while those having patience will likely be rewarded with some possible 10x and even a 100x. Whatever has come down needs to go up to maintain its credibility in the markets and even the worst shitcoins will see a gradual spike in their prices seeing that the whales have gone wild now after accumulation phase has been over.
sr. member
Activity: 1638
Merit: 278
I guess OP must have been frustrated out of wild fluctuations of crypto markets but I guess there has been nothing changed in cryptos hence trading is same what we had in the past and in recent past.

There are more volume is happening in most of the exchanges on famous trading fairs which means it is a good environment for all type of traders so that no one single trader or group of traders cannot manipulate the market direction on their own wish. It means currently we are having a healthy trading environment than the past which makes fair environment and system for every trader to make profits as per their risking capability.
newbie
Activity: 9
Merit: 0
The idea is to trade systemetically and monitor risks.
This is possible to do manually or with the help of software. For instance, https://www.bitinsure.com/
sr. member
Activity: 952
Merit: 251
It's wrong using altcoins to trade, they aren't that too great and reliable it's better to use bitcoin and one stable coin like TUSD or USDC as trading pair but alas there will be mistakes in predictions because no one can guarantee the movement of bitcoin

I agree with you that Bitcoin has no guarantee of movement but Bitcoin does survive, depending on the market conditions. Bitcoin A lot of the popular currency coins compete with Bitcoin It is more likely to be a fool to invest with other currencies as it cannot be sustained and the damage is greater.
This is not like this according to me coin makes profit but if we will let it grow only then it will make profit so that's why keep holding your coin if your time is not good to sell. Crypto gives so many opportunity for its users and its all about us that how we use this opportunity. To make money from crypto there will be risk all the time but taking risk makes us good trader.
full member
Activity: 1330
Merit: 147
It's wrong using altcoins to trade, they aren't that too great and reliable it's better to use bitcoin and one stable coin like TUSD or USDC as trading pair but alas there will be mistakes in predictions because no one can guarantee the movement of bitcoin

Still, some of them are good to hold.

Not all of them but some of them. We can't ensure a good profit in the future in other cryptocurrencies but there are some that can give you a profit like Bitcoin. Predictions are hard but we try our best since we already know that it is a risk.
You should consider that the top altcoin in the market especially Ethereum or Ripple can be use as your main place to trade. Comparing you choose the coin in the bottom position, I think you won't comfortable for it.

Have you see the movement price for both coin now? Yeah they are promissing, I have bought ETH at the price of $127 and ripple at the price of $0.27 and now I have got profit but I have intention to trade for long term so I won't take to sell them.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
It's wrong using altcoins to trade, they aren't that too great and reliable it's better to use bitcoin and one stable coin like TUSD or USDC as trading pair but alas there will be mistakes in predictions because no one can guarantee the movement of bitcoin

I agree with you that Bitcoin has no guarantee of movement but Bitcoin does survive, depending on the market conditions. Bitcoin A lot of the popular currency coins compete with Bitcoin It is more likely to be a fool to invest with other currencies as it cannot be sustained and the damage is greater.
But, if it was easy then you would be seeing everyone posting reports on how they are making their millions everyday lol hence it’s not easy, it’s difficult for most people, in fact 90% of these traders are even losing their trades, only few makes profit. So, don’t think that it is only difficult for you and an easy pie for others.

You should work on the plan or strategy that you’re using to trade. That’s very important. If you’re not using a good plan then you will be losing. You have to study and do proper research to arrive on the best plan that would work for you, and once you have got it, you can then implement it on your trade.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
It's wrong using altcoins to trade, they aren't that too great and reliable it's better to use bitcoin and one stable coin like TUSD or USDC as trading pair but alas there will be mistakes in predictions because no one can guarantee the movement of bitcoin

I agree with you that Bitcoin has no guarantee of movement but Bitcoin does survive, depending on the market conditions. Bitcoin A lot of the popular currency coins compete with Bitcoin It is more likely to be a fool to invest with other currencies as it cannot be sustained and the damage is greater.
full member
Activity: 1316
Merit: 108
You are not the only one who faces similar problems. The crypto market has for quite some time been an extremely complex substance for all kinds of predictions.
We constantly have to select more and more new techniques and tools for market analysis. Moreover, not all of them show at least some kind of stable efficiency.

But there is an explanation for this. The market does not live its own life; it is manipulated by large players such as whales and exchanges.
Predicting their future actions means predicting where the whole market will go. Even technical analysis is by and large a roulette in the framework of major global movements.

Trading in the cryptocurrency market today is really very difficult, because the situation is unstable and due to large manipulations of trading volumes and cryptocurrency pricing, almost every trader suffers a lot of failures from their transactions.  I’m thinking more and more about what the cryptocurrency market will be like under certain controls in order to reduce the ability of speculators and fraudsters to manipulate the cryptocurrency market.
sr. member
Activity: 1610
Merit: 372
You are not the only one who faces similar problems. The crypto market has for quite some time been an extremely complex substance for all kinds of predictions.
We constantly have to select more and more new techniques and tools for market analysis. Moreover, not all of them show at least some kind of stable efficiency.

But there is an explanation for this. The market does not live its own life; it is manipulated by large players such as whales and exchanges.
Predicting their future actions means predicting where the whole market will go. Even technical analysis is by and large a roulette in the framework of major global movements.
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