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Topic: Trade + study = great combination (Read 796 times)

hero member
Activity: 2114
Merit: 603
April 07, 2021, 05:17:55 AM
#91
In this trade I will have to rely completely on the knowledge of person whose trade I am copying. That would be damaging over the time because I would not be learning anything from this. I might just get very lazy next time and may not even trade by myself. How bad it would be if such system fails or if I start to rely on only one person all the time whose trades I always loved BUT he leaves the crypto suddenly then what I am supposed to do.  Screwed completely isn't it. Wink
I think we should really think about this program beforehand and putting out money in someone's hand. It's fun when you trade by yourself, do mistakes and don't repeat them again or go for another tricks.  Smiley
hero member
Activity: 2576
Merit: 586
April 06, 2021, 02:43:10 PM
#90
Yeah it is. You can earn lots of cash while studying.  Many student are in searche of work in the recent time.  But they can earn more than a part time job by trading. But at first they have to learn how to,when to and Where to trade.
After completing the trading course they can earn bucks doing trading more than most of part time jobs of the market.
That is a misleading thing to say because trading involves a high risk and I don't think that saying that it is a good way to earn money is an overstatement of the fact that a lot of people lose money when trading let alone a student who doesn't know or knows a little about trading and with no experience.
Well, those are not contradictory statements. There are people who could make a lot of money from trading, trading is a method that you could make a lot of money if you do it full time and you know what you are doing, but at the same time it is something you could lose a lot of money as well. Just because you "could" make a lot of profit doesn't mean that you can't lose money neither.

It means you could make a lot of profit or you could make a lot of loss, it all depends on how well do you do it and how the market moves as well. It is easier to make a profit based on bull run because everyone makes a profit during that period whereas it is very difficult to make a profit when you are on a bear market because everyone is losing money there. Long story short you could make money and you could lose money both of them are true and not wrong statements.
member
Activity: 1120
Merit: 68
April 06, 2021, 04:59:20 AM
#89
Yeah it is. You can earn lots of cash while studying.  Many student are in searche of work in the recent time.  But they can earn more than a part time job by trading. But at first they have to learn how to,when to and Where to trade.
After completing the trading course they can earn bucks doing trading more than most of part time jobs of the market.
That is a misleading thing to say because trading involves a high risk and I don't think that saying that it is a good way to earn money is an overstatement of the fact that a lot of people lose money when trading let alone a student who doesn't know or knows a little about trading and with no experience.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
April 06, 2021, 04:33:27 AM
#88
trade/invest + study = success
Is this equation is not applicable for bitcoin investments? Grin. Yeah, I am sure if you invest into bitcoins and planning for long-term holding then you may skip that learning part. Because, when your asset is having well defined bright future then you do not need to worry about altering/timing to exit your positions. With respect to investments we need to do continuous learning only when you are worrying about finding perfect time to book profits. But, we can simply book profits in bitcoin by year end of every bull cycle.

Those are indeed good combinations above but be sure that persistence and consistency should be maintained not only just good for few days or weeks. Trading is a long term process for you to learn so better to learn up
as you go forward.
Certainly learning is very important part if your looking for sustaining trading career. Some traders may book profits sometimes and may not at most other times still they will keep looking into trading by remembering their  only profitable days because such people never find time to learn new techniques to stop their losing days.

When we focus on continuous learning, our trading will slowly turn into profits. Maintaining consistency in profit-making is purely depending on the level of updating ourselves.
legendary
Activity: 3094
Merit: 1127
April 04, 2021, 02:44:51 PM
#87
Truly, I like this combination because it works excellent in the crypto world. Only investment of money can't bring you success when you will give afford to know well about the market then you can guess or understand the condition what's going on. So practise more and more then you will able to decrease loss and achieve your goal.
We don't need just to practice but it is a must for us to do it since we are engaged in high-risk trading. We don't want to lose our money and that is why we have to work it.

trade/invest + study = success

We probably know what will be the result if we are just too careless with our trade. Becoming a successful trader is a sort of motivation and that only be achieve if we do something for ourselves and that only it happens if don't stop learning.
Learning is a continous process because this isnt something that you can just simply deny on specially when you are really dealing with a very volatile market.
Of course you would really be needing to study all in sorts of possible ways that you can do so but some of it could really be just found on the experience you do gain
while you do trade and cant really be attained via books or any online tuts out there. Those are indeed good combinations above but be sure that persistence and
consistency should be maintained not only just good for few days or weeks. Trading is a long term process for you to learn so better to learn up
as you go forward.
sr. member
Activity: 2296
Merit: 348
April 04, 2021, 02:41:30 PM
#86
If you mean trade and also study what's going on in crypto market, then its best possible combination.

whatever we do we will always have to obtain knowledge if we are to succeed in the thing we are doing. it is not possible to do any business and be successful without our knowledge of the business, so I think that anyone should know that it is not possible to trade or invest in cryptocurrencies without having knowledge of cryptocurrency trade and investment.

I'll give you an example:

if someone doesn’t know that when the bitcoin price starts to go up the price of altcoins a lot in relation to bitcoin starts to fall that person will lose money if they buy altcoin, but they will lose in relation to bitcoin getting less bitcoin, but they may have more dollar

are things we have to know
Knowledge but also patience as well. I have a friend who turned very tiny amounts into millions of dollars but he did that in 3 years, he was patient and he was wise so he used his wisdom and combined that with waiting and he became super rich. How? He bought a coin when he felt like it was undervalued, he bought more if it dropped and when it went up, he sold 25% of the profit first, and then 25% more and so forth until he had his initial investment level money in there, but all of his investment back out and he invested into something else.

This way he had a lot of coins invested that he owned but he didn't technically had any of his initial capital in anything because basically as soon as project did 2x he got out his investment. Now he has millions of dollars because he was capable of waiting for all of them, since he didn't had any of his initial capital in, price of projects could become zero all he cares, hence he was capable of waiting for years before they went up.
hero member
Activity: 2170
Merit: 530
April 01, 2021, 07:12:32 AM
#85
Truly, I like this combination because it works excellent in the crypto world. Only investment of money can't bring you success when you will give afford to know well about the market then you can guess or understand the condition what's going on. So practise more and more then you will able to decrease loss and achieve your goal.
I believe that trading needs a constant study and learning to be able to earn a profit or even save you from possible losses. So yeah, a trade + study is a great combination when dealing with cryptocurrency but even also in real life business it works too.
Manual trading and self-analysis is better than anything. instead of having to use copy trading. It is true that you can do the analysis too, but by copying the trades you analyze only the final result, no process is carried out.

I prefer abilities that are developed from the start, it will be better. I started learning from scratch to understand trading. Trade + study is indeed a very good thing, but the studies that are done must be done properly.
Believing in yourself that you can learn trading with your own and learning trhough your journey and experiences because what you have learn from your research about trading without execution was useless.
sr. member
Activity: 2436
Merit: 343
March 31, 2021, 06:05:24 PM
#84
Truly, I like this combination because it works excellent in the crypto world. Only investment of money can't bring you success when you will give afford to know well about the market then you can guess or understand the condition what's going on. So practise more and more then you will able to decrease loss and achieve your goal.
We don't need just to practice but it is a must for us to do it since we are engaged in high-risk trading. We don't want to lose our money and that is why we have to work it.

trade/invest + study = success

We probably know what will be the result if we are just too careless with our trade. Becoming a successful trader is a sort of motivation and that only be achieve if we do something for ourselves and that only it happens if don't stop learning.
full member
Activity: 812
Merit: 100
March 31, 2021, 05:35:44 PM
#83
sometimes it is difficult to assign to a new exchange or a new platform on a trading site if it doesn't have a review yet. there has to be evidence from professionals to get in there. may have to consider many factors to be able to convince it to enter the world of trade
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
March 31, 2021, 04:52:17 AM
#82
Truly, I like this combination because it works excellent in the crypto world. Only investment of money can't bring you success when you will give afford to know well about the market then you can guess or understand the condition what's going on. So practise more and more then you will able to decrease loss and achieve your goal.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
March 31, 2021, 02:07:26 AM
#81
Yeah it is. You can earn lots of cash while studying.  Many student are in searche of work in the recent time.  But they can earn more than a part time job by trading. But at first they have to learn how to,when to and Where to trade.
You are getting the wrong idea. Studying something other than trading and keeping trading as a hobby is a different thing. Part time and all sounds good, even though the effect of that on your studying might be different. Not everyone in this world is studying economics or so.

What is dangerous is following another user's trade and using that to do your own trades known as copy trading. Copy-trading is a eyewash term used to run borderline scams.

It is very easy to make a fake bunch of orders to show the followers and use their money to move the market because you want it to - that is what is done by these groups. If you are on their followers side, be assured that you will lose out than win anything.
jr. member
Activity: 420
Merit: 1
March 28, 2021, 12:19:10 PM
#80
Yeah it is. You can earn lots of cash while studying.  Many student are in searche of work in the recent time.  But they can earn more than a part time job by trading. But at first they have to learn how to,when to and Where to trade.
After completing the trading course they can earn bucks doing trading more than most of part time jobs of the market.
legendary
Activity: 2772
Merit: 1127
March 27, 2021, 10:46:22 AM
#79
Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.
Yes, eToro is a very popular platform and I usually see their adverts a lot of places online, and I am aware of their copy trading platform that they have created and it’s been around for a long time and they have been able to be working on it and improving all the time.

But I have not used it, because I haven’t really got the push to go for it, and moreover I am not into day trading, although I know very well that the copy trading can be helpful as you will have to be copying people who are big professionals, I just don’t have the interest. Mostly the investments I do is Bitcoin and a few alts, and it’s mostly to HODL, which works for me much.
hero member
Activity: 2996
Merit: 609
March 26, 2021, 06:36:39 PM
#78
I think that all traders before entering the market did some reading on how to trade, investments and on how you can try to understand the market, the statistic that 95% of all traders lose would start to drop significantly, many enter doing gambling in trading and it is not the right thing to do, some take classes in academies and still are still part of the 95% statistic that they lose.

If a person decides to learn trading by educating themselves by reading market speculative authors, they would learn some strategies of how to react to certain events, if only Technical Analysis is studied without having any idea what is happening in the world or how it can react to fundamental news, the AT will fail, like the Fundamental Analysis, I think that trading is a career that every day you keep learning new things.
From my personal experience trading with amount you are ok to lose is the best way since you don't feel the pressure. Those kind of emotion define most of trades.
Trade on the amount that you can afford to lose is a must but when we are still newbie then its just normal to have those kind of mistakes which is inevitable.

With experience you would able to see and learn for yourself on what are the things needed and what are the things which should be ignored along the way.

Great combination would really be discovered by you and combining those stuffs with your own preference.
full member
Activity: 1204
Merit: 162
March 26, 2021, 03:00:30 PM
#77
I think that all traders before entering the market did some reading on how to trade, investments and on how you can try to understand the market, the statistic that 95% of all traders lose would start to drop significantly, many enter doing gambling in trading and it is not the right thing to do, some take classes in academies and still are still part of the 95% statistic that they lose.

If a person decides to learn trading by educating themselves by reading market speculative authors, they would learn some strategies of how to react to certain events, if only Technical Analysis is studied without having any idea what is happening in the world or how it can react to fundamental news, the AT will fail, like the Fundamental Analysis, I think that trading is a career that every day you keep learning new things.
From my personal experience trading with amount you are ok to lose is the best way since you don't feel the pressure. Those kind of emotion define most of trades.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
March 26, 2021, 02:08:40 PM
#76
I think that all traders before entering the market did some reading on how to trade, investments and on how you can try to understand the market, the statistic that 95% of all traders lose would start to drop significantly, many enter doing gambling in trading and it is not the right thing to do, some take classes in academies and still are still part of the 95% statistic that they lose.

If a person decides to learn trading by educating themselves by reading market speculative authors, they would learn some strategies of how to react to certain events, if only Technical Analysis is studied without having any idea what is happening in the world or how it can react to fundamental news, the AT will fail, like the Fundamental Analysis, I think that trading is a career that every day you keep learning new things.
sr. member
Activity: 1176
Merit: 252
March 26, 2021, 01:22:00 PM
#75
I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/

It's worth reading if you would like to start crypto trading and don’t know from what and where to start.

Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders.

I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform.

Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince.

Always it will be the best combination.Because if the trading alone made without a knowledge. Surely in a certain point, it will became a useless one. So it's better one to learn about trading and past price of certain coin. Mostly research about the coin, where you are going to inverse your money.
legendary
Activity: 2338
Merit: 1084
zknodes.org
March 26, 2021, 12:42:14 PM
#74
Manual trading and self-analysis is better than anything. instead of having to use copy trading. It is true that you can do the analysis too, but by copying the trades you analyze only the final result, no process is carried out.

I prefer abilities that are developed from the start, it will be better. I started learning from scratch to understand trading. Trade + study is indeed a very good thing, but the studies that are done must be done properly.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
March 24, 2021, 05:56:43 PM
#73
@OP, I don't really have a first hand experience from using copy trading social trading platforms but I have a couple of friends who have tried it at some point in their trading career and from what they told me, their experiences were nothing to write home about.  Simply put, they had wins and losses but the losses they incurred from blindly following those trades outweighed those they won. So it wasn't really worth it at the end of the day. These kinda platforms have been around for as long as I can remember ~ around 2017-2018 with coindash and others. The fact that it's still not a popular trading path, says a lot about it.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
March 24, 2021, 03:02:47 PM
#72
If you mean trade and also study what's going on in crypto market, then its best possible combination.

whatever we do we will always have to obtain knowledge if we are to succeed in the thing we are doing. it is not possible to do any business and be successful without our knowledge of the business, so I think that anyone should know that it is not possible to trade or invest in cryptocurrencies without having knowledge of cryptocurrency trade and investment.

I'll give you an example:

if someone doesn’t know that when the bitcoin price starts to go up the price of altcoins a lot in relation to bitcoin starts to fall that person will lose money if they buy altcoin, but they will lose in relation to bitcoin getting less bitcoin, but they may have more dollar

are things we have to know

What we really do is blind trading aka trading without studying the facts and figures. Trading with mind is best possible combination.

It is true that this cryptocurrency market is very different from other markets, it is not enough for the person to do technical analysis, the person must also follow the news if the person does not want to lose money
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