Topic: to be able to get a large profit in today's trading is very difficult! - page 4. (Read 2368 times)

You should start setting your mind that altcoins season will not gonna return these days and that small profits that you gain is already good enough especially if you can have it consitently. If you dream of having bigger profits in trading, focus more on the different strategies in trading wherein you can still make profits even if the market value is not that totally high.

You did really good because in long term trading we feel more safe than other things, lose and profit both will happen in trading so we should learn from our mistakes and don’t try trading as a short cut to get rich faster. Trading is based on patience and knowledge so do both and better spend for long term trading if you are new and inexperienced in trading

I assume volatility hurts many of us here, just recently I moved from bitcoin to another coin for example and that coin didn't skyrocketed like all the other coins, it is in a better situation right now then it was when I moved so I am technically in "profit" right now but that doesn't change the fact that I could have been in a bigger profit if I stayed in bitcoin, or moved to another coin that went up even higher.

People only look at their profits and losses but reality is you also have the "missed profits" thing that nobody cares about and that is the biggest loss of them all. You going from 1000 dollars to 1100 dollars is not really a profit if you could have went from 1000 dollars to 2000 dollars but missed that out for the 100 dollars you made, that looks like a profit but in reality is not.

Best tip i can give is to study different trading strategies or study more about reading the market charts it seems that you have a problem in predicting coin behavior it's natural for the coin to go down for a couple of days or weeks you should also consider what type of trader are you, day trader, swing trader, etc. another suggestion is to go back to basic you can also find free resources such as forex trading courses since forex market reading and crypto have the same concepts and i think you can apply it to the cryptocurrency market as well.

Be observant as well try to look for patterns on the market.

It is difficult and this is why most people lose their money and the few that know what they are doing take everyone elses money. 

This is why I shifted to more long term trading so that I don't have to worry about the daily or weekly volatility.

I would not advise trading altcoins, since their price chart is absolutely unpredictable. Unless only top coins. It is better to trade those instruments that have the greatest capitalization. But in this case, the daily profit will not be as large as we would like.

I wouldn't say that these last months or this year in overall was bad for even daily trading because price rise/fall was common daily. It was like following: One day price was 9000, then 9500, then 9000, then 8500, then 8200 and then 8600 and so on, I take this numbers as an example. This is great opportunity for trader, such price movement is what attracts traders but of course it makes difficult to guess tomorrow's price, this could be the reason why some may say that profitable trading was difficult this month, at some point yes cause current price was making it extra hard to trade often (it was like 50/50 rise and fall) but it was great for holders, saw great price? Sell, wait for a while to see low one, did you see it? Then buy immediately and sell again when you'll see high price. This year was like that, pretty easy to catch not all but only good moments.
See so nice chart:

Well alright, the market movement conditions is good for the last week and holder or investor have big chance for this situations
but remember that OP made this thread in September, 14 2019  indeed that month really difficult to take profit and small chance for trader cause only little coins has rise price with small rise,  make all people of cryptocurrency dissappointed because can not take profit

It has always been difficult to get large profit in trading. But it becomes easier when you actually become self reliant and trust your strategy rather than just going here and there to beg tips from those proficient in trading. I often give a great analogy when it comes to trading.

Trading is more like getting a prescription from the Doctor who can guide you about which medication to take and which would suit you but at the end your body itself has to recover from the disease by assistance of those medication. In trading too people can give you their knowledge of trading but they just can't tell you 100% that this medicine (Strategy) would work for you. There are probabilities with every strategy and someone might be too proficient in some certain strategy while he might be a big fail in the other one due to external dynamics. Also just like getting a prescription from doctor he tells you that it will take a significant time before you can get desired results from that medication. Similarly in Trading there is gestation and learning period when you actually try to find out which strategy suits you and then trust me you will be able to get a large profit in today's trading world.

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What we saw earlier in 2017 was just a bubble effect which was a phase when anything you buy would skyrocket that was just a one time phase and prices which rose too much that time are pretty much at rock bottom today. People need to get over that phase because that is not going to come again atleast in cryptocurrencies. Bullishness will come but it would be a bit stagnant unlike the previous rapidness. Obvious reason of this is market population has changed significantly and so has price elasticity.
Basically,

    No. of buyers and sellers   ∞                    1
                                                ____________________
                                                     Elasticity of Prices

traders with small capital must always tighten the accumulation of assets in higher profits if you want to add value, the profit target must also be targeted every week and also must focus on just 2 coins. actually now it's far from a bearish word, many active improvements in the chart over the past week, nothing is too difficult in the current conditions.

Fauceting is already a trash thing completely and i dont see a reason why would people do still continue to engage on tings.
For exploring matters then its understandable but making it as a source of income the better not to try yet you would just waste up your time.
When we do talk about large profit on trading? Its possible but it depends totally on how good you are and also on how much money you do
risk in (big position) or either doing leverage (not suggested).The wrong thing here is that people are hurrying too much on making big money
because they do saw from other traders without even realizing that getting profits does really need time and patience and experience.

I do not really use my time to try to get money from faucets but those that do complain that now it is impossible to withdraw the money that they had accumulated from faucets and that those faucets ask from them to deposit some bitcoin in their account so it seems that faucets have become scams as well, the only way in which the story could repeat itself is if you could find a faucet that give you altcoins and then that altcoin went up in value in a very significant way and you sold those coins for a very high price.

Difficult time has been passed. and now start to new season of altcoins, few altcoins has increase high price today such DASH, BSV and Litecoins, tips to trade altcoins is you should choose potential coins, analysis chart of coins the lowest price and highest price then buy in lowest price for the next day, and the last tip you should to update the event of coins

It has become difficult to make big profits in the world of trading nowadays. The reason is that economical stress has increased over the years due to increase in population and moreover the financial state of major leading regions in the world is changing so fast .This is not easy to manage and hence big gains are a rare event.

As a trader it is very obvious to make huge profits in trading cryptos these days is like a mirage the market had not been creating trading opportunities for trading however the little profits earned can be compounded to big using a strict money management and disciplined trading.

It's difficult when the market is bearish because people will doubt to buy and that should minimize the chance to be profitable for those who have average trading skills and without some limited capital.

Not everyone does really have a decent capital to start of in trading, some just have a small amount and they hold to grow it with a big amount in trading, but at this bear market, it's really hard, so if we like to see a bigger chance, we should choose the right timing which is when the market is bullish.

Even you carry long-term trading but probably is not the solution and way in order to generate a favourable income form trading, it also matters on the market condition and as well as the strategies we use. The price is still at low, no huge market fluctuation that it means that we can't see any chance that we could sell at a high price or buy at lows. This is too hard to face a situation like this if you are a short-term trader.

Just have the will to make money and you can make it. Trading is not easy at all so don’t panic and remain focus. Making money is difficult, if you think for an easy money then its not cryptocurrency anymore because of a bear market. In time, when we are able to break the walls making profit will become an easy thing again but don’t expect if you are not good in trading and you don’t have enough good coins.

if traders did see whales trends before, why not try to follow in their footsteps and start adjusting the ego to the traders' strategies themselves? whale games can still be known through a collision of trends that allow them to sharpen movements with sudden manipulation, the charts also always confirm it in the spot market even though whales play more by margin.

No one can alone make price high or low but we can be part of it. Being a trader I got to know profit exist in trading but it’s not that easy to get as we will have to remain so active and never panic. We will have to wait once we invest our money in worthy coins. Holding gives profit to traders and also helps traders to gain money from trading.