Trading Answers - page 2. | Bitcointalksearch.org

Cacingkemi

hero member

Activity: 1484

Merit: 516

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

maybe precisely the trade you do is trade in a short time, because to be able to get big profits you have to buy coins that you will choose to trade by buying at the lowest price and reselling after the price rises sharply, and not waiting to trade when the price has surged high.

Masyudhi

sr. member

Activity: 1008

Merit: 250

SmartFi - EARN, LEND & TRADE

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

Yes it is true, for myself greed for large profits can make us gain losses. And to trade alone, we need to observe the movement of market charts. To determine when a good point to trade and as you said do not trade in large quantities and enough 2 to 3 times a day to avoid the risk of loss that we can get later.

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: cahbagus555 on October 07, 2019, 02:37:29 AM

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

-seen

I think it's hard to explain good trading methods because everyone has different analysis and how to read markets. In my opinion there is no strategy or analysis that is sure to provide profit because every analysis can be wrong. But with that mistake, we can learn from experience and develop better strategies

It is hard to trade and to use analysis for crypto-market because this market is new for everyone. There are no experts,
this is not an exact since, people use what they can in order to make some profit. There are people who are more lucky,
or they found some method that works for them.
Every person has different time period for trading, not everyone can watch charts for hours. With different time for trading,
different bankroll, different exchanges and fees, each of us should find what suits us best. Find your position and try to make
the best from it.

cahbagus555

member

Activity: 756

Merit: 12

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

I think it's hard to explain good trading methods because everyone has different analysis and how to read markets. In my opinion there is no strategy or analysis that is sure to provide profit because every analysis can be wrong. But with that mistake, we can learn from experience and develop better strategies

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: stephanirain on October 06, 2019, 12:24:28 PM

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

When to trade is when the indeed the market heals from sudden drop. That is best time to buy or invest when the prices are still lower and wait until the prices start to rise up again. Waiting for the pump can be a long time or short, we have no guarantees. Slow trading is also a good start to practice your skills and you will learn from the experience.

It entirely depends on the type of trader someone is. Individual skills also count but talking generally, the best time to trade is every time. When a person is dealing in digital currencies that are volatile and very beneficial, he must try to make as much money as he can by learning and working on daily basis. It is easy to say buying low and selling high but this is not a kid’s play to make right decision at right time.

gantez

full member

Activity: 1736

Merit: 121

Quote from: herurist on September 26, 2019, 08:36:50 PM

If you want to trade, it's better to find the altcoin community, because there are lots of people there, we will know about how to trade and buy coins that will go up, I always look for sources from the public.

This can help like a lead to the decision of trade to execute. Trading cryptocurrency or bitcoin isn't easy so having a collection of people to get idea from can be better. For example in forex trade, the news is really changing the market direction but I don't know exactly what influence the bitcoin daily except for fork or halving.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: 103deltafox on October 06, 2019, 01:35:05 PM

As a trader for you to be successful, you must first kill emotions before entering any trade, also when you make 10% - 30% profit on day trading, you should be able to close the trade else you get the consequences of greed.

Yup, right mindset and your emotions must be settled. Close your profits if you have taken that much. Be it 5% up to more than that should depend on how much you're looking at.

Quote from: 103deltafox on October 06, 2019, 01:35:05 PM

Also remember to use stop loss this helps a lot .

Additional is cut loss, these two are both useful.

DU18

sr. member

Activity: 1694

Merit: 268

Binance #SWGT dan CERTIK Audited

Quote from: criket on October 06, 2019, 01:45:39 PM

In the past, I was very greedy with the trade that I do every day. the first few days did benefit but after that the loss that followed greed. I learned from my own experience and now get enough small profits every day and get out of trade then come back the next day. I don't want to be greedy anymore, because I've lost my money because of greed.

In trading, it is better if we apply the method of short-term trading / daily, although the benefits we can make in daily trading is very small, but the benefits can we get routinely by turning our money on the trading market and of course things this is more able to avoid us from large losses, and usually our greed in looking for large profits can make us forget the risks we will face in trading.

criket

full member

Activity: 896

Merit: 100

Quote from: 103deltafox on October 06, 2019, 01:35:05 PM

As a trader for you to be successful, you must first kill emotions before entering any trade, also when you make 10% - 30% profit on day trading, you should be able to close the trade else you get the consequences of greed. Also remember to use stop loss this helps a lot .

In the past, I was very greedy with the trade that I do every day. the first few days did benefit but after that the loss that followed greed. I learned from my own experience and now get enough small profits every day and get out of trade then come back the next day. I don't want to be greedy anymore, because I've lost my money because of greed.

103deltafox

full member

Activity: 491

Merit: 100

As a trader for you to be successful, you must first kill emotions before entering any trade, also when you make 10% - 30% profit on day trading, you should be able to close the trade else you get the consequences of greed. Also remember to use stop loss this helps a lot .

jajorforce

full member

Activity: 399

Merit: 100

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

Trade hasn't good time, all time is good for trade. During dump you shouldn't hold your coin. I earned much than I loss in my trade history. 1 or 2 days this isn't problem in trading. Last advice is don't trade by any one coin, up to 5-10 coins with low amount.

stephanirain

sr. member

Activity: 756

Merit: 257

Freshdice.com

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

When to trade is when the indeed the market heals from sudden drop. That is best time to buy or invest when the prices are still lower and wait until the prices start to rise up again. Waiting for the pump can be a long time or short, we have no guarantees. Slow trading is also a good start to practice your skills and you will learn from the experience.

Bonwin

member

Activity: 798

Merit: 38

The whales and professional traders do not trade based on luck. They make adequate analysis, cause a lot of sways, by confusing other traders to either buy more or to dump. Which means they would have done their part and ensure that the game is on their side. So as a normal trader, you should not do of by luck.

Pinkris128

sr. member

Activity: 812

Merit: 262

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

Luck plays a role in the status of bitcoin but there are also other factors that determines whether bitcoin will go or down or flat lines in a given time. Those are the demand in the market, the prices of the other coins, some big announcements from crypto companies, some news about new laws that will be implemented in specific countries that has a big impact in the crypto industry, and many more. There is a lot to keep tabs on and the range of the changes in prices is too dynamic and difficult to estimate. That's where luck will play its role.

m.rifki

member

Activity: 517

Merit: 10

Quote from: Zeke_23 on October 06, 2019, 10:39:20 AM

Being greedy will not cause you any good. Having a clear mind and patience will make you think and make a clear decision when it comes to trading. Trading is not about buying low and selling high. Its about building a strategy on how you can make a profit out of the money you invested in the crypto market.

but that is certainly what is experienced by a trader and investor. when it has seen the best price, sometimes it still waits and hopes to be even higher with more profit. as well as traders who are never satisfied with the profits that are made daily and continue to increase capital and trade. even if it continues it often results in losses due to losing the best moments and the best prices. I have experienced this situation.

Aabcde

sr. member

Activity: 1050

Merit: 256

Quote from: Rufsilf on October 06, 2019, 10:20:23 AM

Quote from: AwoCorporation on October 06, 2019, 10:04:24 AM

Quote from: Aabcde on October 06, 2019, 09:52:53 AM

Your points is what i did in every possibility. I do trading by feeling because I'm not to much read the candle or anything about TA. In addition, I always do trade when hype is coming. Especially in new potential coin. I just feel confidence when do it. So, most of it give me a great value in several hours.

trading on new coins is indeed very profitable and also easy to make a profit. but be careful of projects that aren't very good. with bad developers, they may not have good plans and make their coin prices fall by selling coins without planning such as bounties and investors.

Having a sustainable market plan isn't for newly existed projects. That is why they never succeed or it will just a very short stay in the market and later on, they'll vanish from the tin air.

Not to say that new coins are very profitable cause they're not. Though they are even listed into some exchanges and what we actually saw is that zero market volume. If we are planning to do trading, it is much better if we only trade those coins that have already in most reliable one.

That's why I said 'new potential coin'. It's mean I did research first before entering the game. it's very hurt when you loss some funds right. I have lost much balance in ICO last year, and that's make me more aware and say no more to ICO. Just buy when it entering market.

Zeke_23

sr. member

Activity: 868

Merit: 333

Quote from: masterrex on October 06, 2019, 09:42:10 AM

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

I agree with these! But when im doing trading i dont rely much on bitcoin usually im choosing 5 coins/tokens to trade in a day sometimes 2-3 times per day thats why i dont care if Bitcoin Trading price was fluctuate much in a day, Because im rarely using bitcoin to trade with other coins/tokens USDT or stablecoins is my choice but im holding BTC for some reason.

Being greedy will not cause you any good. Having a clear mind and patience will make you think and make a clear decision when it comes to trading. Trading is not about buying low and selling high. Its about building a strategy on how you can make a profit out of the money you invested in the crypto market.

Mysteryla

jr. member

Activity: 420

Merit: 3

Trading can be very interesting and you might enjoy it while trading, because you are gaining, but you should always leave room for times that you might lose, else, if it happens to you, it might get you discouraged. The nature of cryptocurrency requires a lot of preparedness, so be prepared fro whatever might come your way.

Rufsilf

sr. member

Activity: 1722

Merit: 309

Quote from: AwoCorporation on October 06, 2019, 10:04:24 AM

Quote from: Aabcde on October 06, 2019, 09:52:53 AM

Your points is what i did in every possibility. I do trading by feeling because I'm not to much read the candle or anything about TA. In addition, I always do trade when hype is coming. Especially in new potential coin. I just feel confidence when do it. So, most of it give me a great value in several hours.

trading on new coins is indeed very profitable and also easy to make a profit. but be careful of projects that aren't very good. with bad developers, they may not have good plans and make their coin prices fall by selling coins without planning such as bounties and investors.

Having a sustainable market plan isn't for newly existed projects. That is why they never succeed or it will just a very short stay in the market and later on, they'll vanish from the tin air.

Not to say that new coins are very profitable cause they're not. Though they are even listed into some exchanges and what we actually saw is that zero market volume. If we are planning to do trading, it is much better if we only trade those coins that have already in most reliable one.

AwoCorporation

member

Activity: 296

Merit: 10

Quote from: Aabcde on October 06, 2019, 09:52:53 AM

Your points is what i did in every possibility. I do trading by feeling because I'm not to much read the candle or anything about TA. In addition, I always do trade when hype is coming. Especially in new potential coin. I just feel confidence when do it. So, most of it give me a great value in several hours.

trading on new coins is indeed very profitable and also easy to make a profit. but be careful of projects that aren't very good. with bad developers, they may not have good plans and make their coin prices fall by selling coins without planning such as bounties and investors.

Topic: Trading Answers - page 2. (Read 630 times)