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Topic: Trading Answers - page 3. (Read 670 times)

sr. member
Activity: 1050
Merit: 256
October 06, 2019, 08:52:53 AM
#32
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.
full member
Activity: 1820
Merit: 107
October 06, 2019, 08:42:10 AM
#31
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.
hero member
Activity: 882
Merit: 518
October 06, 2019, 08:40:47 AM
#30
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.
In addition
1.IHMO it depends from the type of trade you wish to use. For a long trade it is the best to analyze 1Y graph. There you can see financial support levels and this is actual not only for cryptocurrency.
2. It is a trend to use bots now. So if you beleive to AI you may try your luck on some exchange. Especially if you have a lot of time and trying slow and low value trading.
member
Activity: 430
Merit: 10
terra-credit.com
October 06, 2019, 08:29:43 AM
#29
very good advice, You have opened the eyes of people who have always prioritized greed when trading. In trading there is no such thing as luck, need the right strategy and time to get multiple benefits, we must maximize every opportunity available to get the best opportunity.
You are right, the main thing is the skill that must be possessed in a trade. if you only rely on luck I think it will be difficult to and might be inclined to loss. if you want to learn in trading then start focusing on one asset and learn how that asset has moved in the market. because each asset has a different character to trade in the market.
hero member
Activity: 1372
Merit: 500
October 06, 2019, 08:25:41 AM
#28
very good advice, You have opened the eyes of people who have always prioritized greed when trading. In trading there is no such thing as luck, need the right strategy and time to get multiple benefits, we must maximize every opportunity available to get the best opportunity.
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
September 29, 2019, 08:54:00 AM
#27
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.
Greed is the most dangerous emotion in trading, when traders can't control greed, then it will continue to go further without thinking about the risks that will be faced. When trading in cryptocurrency we must be able to control emotions to minimize the risk of loss, at the time of loss, will not panic and take revenge which results in overtreding.


yes,, greed will ignore anything, even your capital and in the end you will lose all your money because of that
so, people should have patience and don't be greedy when they trading
regards
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
September 29, 2019, 07:12:08 AM
#26
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.
The two bad sides of the crypto trading, especially in the volatile days on the market. The emotional trading and perfectionism are the enemies of all crypto traders due to the more weight of disadvantages than advantages in my opinion. If you already figured out the reasons why major trades in your account are in the red, you are good to go after fixing these problems.
full member
Activity: 409
Merit: 100
September 29, 2019, 07:07:15 AM
#25
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.

Almost all traders on the map of bitcoin or crypto are experiencing defeat, but most traders are really into greed, whether they want a millionaire day, the hope of luck, no that's possible in real life trader.
It is only important that you have a goal of how many% you want to get each day, maybe 10% if you can achieve that you can stop by the next day to practice again just as easily.
full member
Activity: 434
Merit: 104
September 29, 2019, 06:19:13 AM
#24
Well there's no luck in trading better to read an article news regarding on crypto but basically we need to learn more news on bitcoin because it's all started there when the hype is coming for sure the price will increase then if there's a bad news probably the price will go down, right timing and good searching is one of the key so even if you loose no regrets and traders has guts every time to made a trade.
sr. member
Activity: 882
Merit: 252
September 29, 2019, 05:32:20 AM
#23
Many investor never know when have to start trade to buy coin because many investor buy coin when price on higher, just few time price have down and make them sell coin with lower price.
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
September 29, 2019, 05:25:22 AM
#22
Nice advice, i add some additional informations to complete it.

Quote
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.


Make sure to analyze price movement before make open position, analyze support & Resistant, macd, awesome oscillator (web crypto exchange not support this). Also don't trade when you need money faster, dont have more money, or in bad mood it will make your mindset become greed
legendary
Activity: 3346
Merit: 1128
September 28, 2019, 10:59:20 AM
#21
I believe that one of the characteristics of trading is to always head for the dip of the coins and buy, then we sell when the price recovers, but now that you say we should only trade when bitcoin recovers, is that not an opportunity lost already? one thing that I discovered about bitcoin trading is that anytime that there is a dip and yet to recover back is when I always get the chance to trade, because as the price of bitcoin dip to $8k now, the bulls would want to charge back, and you get to see lots of fluctuation which make it to be rising a little and falling back until it finally succeed in breaking the barrier.

During those high fluctuations, that is when I make money the most before the price recovers. if I wait for the price to recover back to $10k if that was not the correction, then I will struggle with deciding if the value will drop or not, but as it is on $8k now, I already know that no matter what, it will definitely head back for $10k.
member
Activity: 504
Merit: 25
September 28, 2019, 09:40:13 AM
#20
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.
What are you talking about? what do you mean by better to find the altcoin community? this section is altcoin discussion thread and i think its enough to make other altcoin traders be aware of my original post, if anyone have better trading strategy then should kindly add
sr. member
Activity: 1302
Merit: 250
September 27, 2019, 03:29:58 AM
#19
Suggestions in many people are good but I am more concerned with myself because that is what we will know how to trade the truth, and find a market where you like.
sr. member
Activity: 784
Merit: 282
September 27, 2019, 12:44:12 AM
#18
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.

In now way can trading be limited down to 2 questions and answers. There is a science behind it that analysts and stock brokers study for years and year. Trading without doing the necessary research and analysis is the best way to loose your money.

If you are trading and only asking those 2 questions then you are about to loose your money. You should start reasearching more about trading imho.
member
Activity: 504
Merit: 16
September 27, 2019, 12:43:12 AM
#17
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.
In trading you have to find your own way, others strategy won't work for you no matter how you try, you need to be prepared for the worst and learn how to predict market movements, find your own way friend trading is not something you can just copycat
copper member
Activity: 238
Merit: 1
GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI
September 27, 2019, 12:36:15 AM
#16
it is a good thing to know when to trade and how to trade but many dont know when and how to do so which end up in red or rekt for them .

currently there is a bear market and the manipulation in the market is also a great mistake for the market to pick but many tot is all about moon forgetting that dumping is part of the market which will give a kind of momentum .
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
September 27, 2019, 12:27:21 AM
#15
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.
Greed is the most dangerous emotion in trading, when traders can't control greed, then it will continue to go further without thinking about the risks that will be faced. When trading in cryptocurrency we must be able to control emotions to minimize the risk of loss, at the time of loss, will not panic and take revenge which results in overtreding.
full member
Activity: 265
Merit: 102
September 26, 2019, 08:08:42 PM
#15
In trading you need to rely more on news like you need to risk in this way like the market is really volatile because this is really worldwide

Then buy only little by little and with gap like example buy if the time of btc are around $10000,$8000,$6000,$4000,$2000 but if you can't afford then don't do invest then you can back anytime here in crypto
sr. member
Activity: 1680
Merit: 259
September 26, 2019, 07:36:50 PM
#14
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.
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