Trade-in between the lines - page 4.

Munir575

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Quote from: Zanab247 on January 11, 2022, 02:47:37 PM

The most strategy many traders use to avoid loss in the community is to hold and watch the market very well before sales. Many traders lost so much profits from the month of November to December because they think most of the coins they purchased early last year 2021 will increase higher before December ending so that they can make a huge amount of money from their investment.
Those traders that lack good trading skills are those traders that are in hurry to make quick profit without looking the condition of the market.

It is very necessary to understand the market behaviour and conditions of the market as a trader or else will end up loosing your investment. Study the way the market behaves, be strategic and do not panic in any market situation. Also a trrader should not be greedy and should not be in a hurry to make fast profit especially when he is new to trading and doesn't adopt any trading strategy.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: gamer4156 on January 21, 2022, 04:49:37 AM

Here and there begin unloading after right-purchased the coin. More often than not it has been going on with me.

There can be a specific holding pattern for each coin. It does not always need to be a quick flip to get the profit and exit. However for altcoins, your method might work better. But dont apply that to bitcoin, for that you need to do a long term hold.

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I like mid-term exchanging of late, simply attempt to purchase in plunge and hold for a knock.

Surely that is a good method. If you buy at a good low price, then you will profit as long as you can hold and sell at a high price and dont end up holding it for too long while the market cycle ends.

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There are other altcoins that are great to hold too yet it's demonstrated that assuming you're simply going to hold, pick the best.

Picking the best would mean bitcoin. Now bitcoin is for the long term so I would not apply the above method to bitcoin. In fact you should divide your owned bitcoins in one part being kept for long term holding while another part to trade with regularly.

South Park

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Quote from: taufik123 on January 21, 2022, 01:17:54 PM

Quote from: ?? on ??

Small trader can still ride with the whales, they just need to analyze very well and things will be better. The risk is always there, and its all up to you on what level of risk you can take. Trading is profitable once you do things correctly no matter how much your capital is, this market is not only for the whales, just be more confident about your trading skills.

Being more confident about trading skills, of course, must be based on qualified abilities, don't force what you can't master, everyone also needs to learn slowly. Following the pope was a better path than having to go against it. Everyone can become a pope if they have a lot of capital. Small traders like us can only take advantage of the manipulation by the whales. There will always be risk, profit and loss in trading is a common thing.

If anything newbies are too confident on their non-existent skills, they believe they can come here and dominate the market as if it is not a big deal, and maybe there are a few extraordinaire newbies that can do something like that, but the vast majority cannot pull anything like that and yet they think they can, so when there is such a huge gap between what it can be actually done by them and their expectations then it is no wonder why so many newbies end up failing as traders or investors.

palle11

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Quote from: taufik123 on January 21, 2022, 01:17:54 PM

don't force what you can't master, everyone also needs to learn slowly. .

Surely we do not need to force market to our own side to do what we want. For example now that the price of bitcoin is dropping, that is the bear trend going on and that's is what to be followed, if someone is expecting that price will go up and starting trading up the person surely will lose the money because that is forcing out the market. We also don't force ourselves to trade or learn if it is not working on that. It is not all trader that will master the art of trading but some most times force themselves when they can not learn.

taufik123

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Quote from: ?? on ??

Small trader can still ride with the whales, they just need to analyze very well and things will be better. The risk is always there, and its all up to you on what level of risk you can take. Trading is profitable once you do things correctly no matter how much your capital is, this market is not only for the whales, just be more confident about your trading skills.

Being more confident about trading skills, of course, must be based on qualified abilities, don't force what you can't master, everyone also needs to learn slowly. Following the pope was a better path than having to go against it. Everyone can become a pope if they have a lot of capital. Small traders like us can only take advantage of the manipulation by the whales. There will always be risk, profit and loss in trading is a common thing.

Tellek Garing

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Quote from: gamer4156 on January 21, 2022, 04:49:37 AM

Here and there begin unloading after right-purchased the coin. More often than not it has been going on with me. I like mid-term exchanging of late, simply attempt to purchase in plunge and hold for a knock. There are other altcoins that are great to hold too yet it's demonstrated that assuming you're simply going to hold, pick the best.

Well in picking the best to hold we must also consider the possibility of risking losses in the volatile market, take Bitcoin for example it plugs dip this early morning which if holding it for the long term it becomes a little risky and leads to losses especially if the assets are bought when the market was above 50k to 45k.
But if you are trading along the line there will be the possibility of making some good profits while the price meltdown.

doomloop

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Quote from: ?? on ??

Small trader can still ride with the whales, they just need to analyze very well and things will be better. The risk is always there, and its all up to you on what level of risk you can take.

Riding along with whales must be a great trick but I guess that would be possible only if inside information or when dealing with same signal provider. I mean if we have our own technical analysis means then we cannot get chances to trade like whales.

Quote from: ?? on ??

Trading is profitable once you do things correctly no matter how much your capital is, this market is not only for the whales, just be more confident about your trading skills.

I agree that we never need to bother about the manipulations of whales; if our skills on technical analysis are good then we can trade safely and profitable with the help of proper risk management; if you feel that whales are against your direction then you should not hesitate to exit at stoploss.

gamer4156

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Here and there begin unloading after right-purchased the coin. More often than not it has been going on with me. I like mid-term exchanging of late, simply attempt to purchase in plunge and hold for a knock. There are other altcoins that are great to hold too yet it's demonstrated that assuming you're simply going to hold, pick the best.

Johnyz

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Quote from: palle11 on January 20, 2022, 05:22:35 PM

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But it's worth mentioning that risk is always paid very generously.

No it doesn't work that way. To believe that risk is well rewarded or generously rewarded is not the real way to believe and take risk. If we believe just that then some people will take any kind of risk therefore abusing it and losing much. Lets ask ourselves what happens when we take that high risk and it doesn't work ? It burns our account gradually. It is better to take moderate risk at all time. Trading is a steady way of profit taking.

We all have different risk appetite and those who took higher risk knows what they are doing, this is more of a gambling for sure since there’s no guarantee for everything. Moderate risk might be fun for you but to others its boring, I do trade moderately since I’m a busy person and I think those who can take higher risk are already a full time trader, day trader are most common to this.

palle11

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Quote from: ?? on ??

But it's worth mentioning that risk is always paid very generously.

No it doesn't work that way. To believe that risk is well rewarded or generously rewarded is not the real way to believe and take risk. If we believe just that then some people will take any kind of risk therefore abusing it and losing much. Lets ask ourselves what happens when we take that high risk and it doesn't work ? It burns our account gradually. It is better to take moderate risk at all time. Trading is a steady way of profit taking.

teosanru

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Quote from: Tellek Garing on January 09, 2022, 01:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?

Okay flowing with the wave of the market, how will you do it exactly? Let's take the example of the current market, what do you suggest? What should a person ideally do in the current market scenario? He should buy or sell? Your answer would be sell probably because the market is currently bearish, now the problem is when will you consider it to be bullish? Do you wait for some indicator to turn green or the market to move above the Moving Average? But once that happens and the market fails to hold that level and falls again, now what will you do? Will you still continue to hold it? or will you sell it? The thing is no matter how much you say that you are just flowing with the wave of market, if you are trying to time the market, all you are doing is technical analysis which would require you proper practice and skill.

Zilon

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Bitcoindata.science

Quote from: Tellek Garing on January 09, 2022, 01:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?

Crypto currency trading requires good knowledge because it's highly volatile. It's not about following the trend most of the time sometimes it's how deciplined you are when dealing with the market that decides how often you make profit from the market. There are good traders with good analysis but finds it's difficult to cash out rather the keep giving back to the market due to their own greed. So it's one thing to have the right skill and another to get the discipline to keep your profits realistic

justdimin

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Quote from: Tellek Garing on January 09, 2022, 01:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.

It has been recommended across this forum for all the people who were continuously facing losses, must need to switch over to long term holding to get and enjoy decent profits rather than losing their capital. I am sure at least more than 50% of long term holders are old active traders and might have adapted the long term trading/holding strategy after many frustrating loss.

Quote from: Tellek Garing on January 09, 2022, 01:41:40 PM

I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee

Yes, trading does not guarantee you anything but long-term holding definitely will. Even the market is highly volatile, you never need to bother about it if you opt for holding for years.

jrrsparkles

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Quote from: Tellek Garing on January 09, 2022, 01:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.
But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.
DO YOU AGREE WITH THIS STAT?

Trading isn't really difficult but its not possible to make consistent profits from capital you are investing. Well, I won't recommend someone to go with the flow if they're not really comfortable in trading, they can learn while holding and later you can start trading with much confidence.

taufik123

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Quote from: so98nn on January 20, 2022, 08:19:22 AM

-snip-

and one could also control everything if they had a lot of money, like whales. they master everything they manipulate as they please. Having a lot of capital is certainly very profitable, especially if you can manipulate the market. Think like whales and don't fight it.

so98nn

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Completely agree but practically disagree with the same.

The market is not product of steady investments rather than its more or less money rush here. You can believe it to the next movement you are investing so how can one be making profits out of it on steady basis.

Note that I am saying on the steady basis and not in between intervals, or after some good pause otherwise that would be nothing else but holding of the crypto.

The volatility is insane. The more it is profitable the higher the risk actually. So you could just end up losing all your past profits too. This is a case study. One can control it if they have the guts, luck and skill.

Baofeng

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Quote from: AakZaki on January 14, 2022, 03:29:53 PM

Quote from: JunkieMiner on January 11, 2022, 03:17:44 PM

That is quite simple to understand that trading in now a days is even difficult to do, even the top traders can't predict that much because we didn't know about the crypto and most probably the bitcoin whenever it falls or it rises, but the same thing a trader should always ready for the loss, which he not intended to make but was in fortune, then it would be better to trade.

In recent days the market is not good, a lot of FUD that makes Bitcoin fall. Momentum like this is very good to take advantage of, buying at a lower price. If most people are currently stuck at high prices, of course some traders who have done the analysis and have spare money will take advantage of this bear market situation well. It all depends on readiness and good capital management, otherwise trading will only leave you restless.

I'm not really sure if there is FUD, but the news says that the mining hash rate is dropping because of the Kazakhstan turmoil. There is political unrest, resulting in nation wide black out and so the mining is affected due to this. So this is not FUD but real news, as far as I'm concern. But yeah, when the price drops, it's always a good opportunity to buy and invest and hold.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Tellek Garing on January 09, 2022, 01:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.

Safer bet, yes. Imagine what you could earn by holding for the last 10years on a bunch of bitcoin bought at two digit prices and selling them on the last ATH this last year. It is safe and profitable, but it needs immense patience and faith in the coin's future to be able to hold an investment for so long.

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But in doing that I have observed that while the crypto currency market is highly volatile so if you can flow with the wave of the market one can still make good profits but again its not a guarantee and not an investment advice.

A good option as well. If you just buy at every 10,000$ levels then you can possibly sell again when the rise happens. Like buy at 30k when the market is dropping and sell at 40k when bullish, you get a good 10k difference in price and on average trading with 0.1BTC per trade gives you a 1k profit excluding trading fees. Not bad but it will take a full cycle to complete this process, so needs patience. You would need to check the market around a couple of times per day and just place the order.

Either options are good and I think that the third option being day trading, needs a lot of work on part of the trader. These two are good options for the average retail investor.

AakZaki

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Quote from: JunkieMiner on January 11, 2022, 03:17:44 PM

That is quite simple to understand that trading in now a days is even difficult to do, even the top traders can't predict that much because we didn't know about the crypto and most probably the bitcoin whenever it falls or it rises, but the same thing a trader should always ready for the loss, which he not intended to make but was in fortune, then it would be better to trade.

In recent days the market is not good, a lot of FUD that makes Bitcoin fall. Momentum like this is very good to take advantage of, buying at a lower price. If most people are currently stuck at high prices, of course some traders who have done the analysis and have spare money will take advantage of this bear market situation well. It all depends on readiness and good capital management, otherwise trading will only leave you restless.

darewaller

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Quote from: Tellek Garing on January 09, 2022, 01:41:40 PM

It quite clear to all of us that trading is not an easy task and if an individual lack a good trading skills it may bead to loses, this aspect has made many to decide to hold rather than trading to avoid mistakes.

Honestly, I have decided to become a long term holder of bitcoin after facing continuous losses in cryptocurrency trading. I am sure many people might have taken similar decision in their life because when we are having easier method to make money then why we need to struggle in trading. All trading are too complex and challenging one and we need to dedicate our all hours to remain profitable with it.

Holding bitcoin on the other hand helped me to recover all my losses incurred in crypto trading and I am slowly got into overall profit according to my networth after clearing the loans I got for the need of trading capital. If you are able to trade between line then fine, else quit it to become a bitcoin holder

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Topic: Trade-in between the lines - page 4. (Read 768 times)