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Topic: Trading Cryptocurrency for 1 Week! - page 8. (Read 1114 times)

legendary
Activity: 3122
Merit: 1398
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October 17, 2021, 07:08:30 PM
#26
https://www.youtube.com/watch?v=UmxGGxAvqus

I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.

That was possible but thanks for sharing it here. It will be a good reference to those newbies out there. However, let's also consider the factor that we are in a "bull run" that even a simple holding can yield good profits. I also like the way you are choosing other coin pairs for trading as an example to your viewers.

Just a small suggestion, try to put subtitles for newbies to understand more the content.

he needs to show his trading skills during 'bear season' and let us see what strategy is he going to apply to generate positive profit. besides, he is just promoting the trading platform, you can already see the affiliate link under his YT video. what is wrong in this picture is that it will create misconception to these newcomers. of course, he will show the positive side of trading but how about when he is not gaining from his trading?

I don't know why are you guys are looking for the negative hole just to see how OP would fail in the times of the bear season. The best part is, he is sharing his content and as far as I watch the video, there's no bullsh*t there. And it is also usual to see promotions of referrals on the video author on Youtube. What's new?
hero member
Activity: 2030
Merit: 789
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October 17, 2021, 06:59:04 PM
#25

he needs to show his trading skills during 'bear season' and let us see what strategy is he going to apply to generate positive profit. besides, he is just promoting the trading platform, you can already see the affiliate link under his YT video. what is wrong in this picture is that it will create misconception to these newcomers. of course, he will show the positive side of trading but how about when he is not gaining from his trading?

Yeah, but it looks like we might not be seeing much of OP considering he hasn't replied any of the questions or concerns available in the topic so far. There's always an increase in the amount of people posting charts and analysis when the market is good but only few people do the same when the market starts declining that's why I wouldn't take a trader too serious when overall market is macro bullish.
legendary
Activity: 3066
Merit: 1101
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October 17, 2021, 06:05:33 PM
#24
Trading crypto currency in just one week of a bull trend should not really be used as a period to know whether one is a good crypto currency trader or not. But we are all looking for way to make profit from trading crypto currency and once you have made the profit whether you are newbie who just start trading crypto within one day all doesn't matter to me.

Additionally, in a bull market, almost anyone can profit off the market even though they're doing the wrong analysis. It's just common. Where it starts becoming a problem is when the market isn't moving towards the north, that's when people who were profiting during the bull run start questioning their strategies and before they get to realize that they started off on the wrong foot, it might be too late and they might have lost most of those profits back to the market.
And fortunately, since last week crypto market was in a bull trend and I think that is how OP has earned in trading. I must say, OP must be careful and maybe OP think that it is very easy to earn in trading because even if you are a poor trader when the market price is pumped it will surely you will gain but I believe you as a trader if you still get profit when the market starts to drop in that case when I am on my side, I will have to take a break in trading if there is a bloody market.

he needs to show his trading skills during 'bear season' and let us see what strategy is he going to apply to generate positive profit. besides, he is just promoting the trading platform, you can already see the affiliate link under his YT video. what is wrong in this picture is that it will create misconception to these newcomers. of course, he will show the positive side of trading but how about when he is not gaining from his trading?
hero member
Activity: 1106
Merit: 527
October 17, 2021, 05:56:27 PM
#23
Trading crypto currency in just one week of a bull trend should not really be used as a period to know whether one is a good crypto currency trader or not. But we are all looking for way to make profit from trading crypto currency and once you have made the profit whether you are newbie who just start trading crypto within one day all doesn't matter to me.

Additionally, in a bull market, almost anyone can profit off the market even though they're doing the wrong analysis. It's just common. Where it starts becoming a problem is when the market isn't moving towards the north, that's when people who were profiting during the bull run start questioning their strategies and before they get to realize that they started off on the wrong foot, it might be too late and they might have lost most of those profits back to the market.
And fortunately, since last week crypto market was in a bull trend and I think that is how OP has earned in trading. I must say, OP must be careful and maybe OP think that it is very easy to earn in trading because even if you are a poor trader when the market price is pumped it will surely you will gain but I believe you as a trader if you still get profit when the market starts to drop in that case when I am on my side, I will have to take a break in trading if there is a bloody market.
hero member
Activity: 2030
Merit: 789
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October 17, 2021, 05:43:05 PM
#22
Trading crypto currency in just one week of a bull trend should not really be used as a period to know whether one is a good crypto currency trader or not. But we are all looking for way to make profit from trading crypto currency and once you have made the profit whether you are newbie who just start trading crypto within one day all doesn't matter to me.

Additionally, in a bull market, almost anyone can profit off the market even though they're doing the wrong analysis. It's just common. Where it starts becoming a problem is when the market isn't moving towards the north, that's when people who were profiting during the bull run start questioning their strategies and before they get to realize that they started off on the wrong foot, it might be too late and they might have lost most of those profits back to the market.
legendary
Activity: 2030
Merit: 1189
October 17, 2021, 05:39:01 PM
#21
Trading crypto currency in just one week of a bull trend should not really be used as a period to know whether one is a good crypto currency trader or not. But we are all looking for way to make profit from trading crypto currency and once you have made the profit whether you are newbie who just start trading crypto within one day all doesn't matter to me.
Yeah, that's a fair point to highlight. Being in a green market means that profit can be made much easier than otherwise. Don't get these comments wrong even make the profit made is still good but it is not the stress test you're after.

The real test comes when markets become more unstable and you see dumps across most markets. Either way, this is something you'll inevitable come across should you continue on your trading journey.
member
Activity: 267
Merit: 11
October 17, 2021, 05:28:32 PM
#20
https://www.youtube.com/watch?v=UmxGGxAvqus

I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.

It will only be enough, if you trade correctly, and the coins is really profitable-in the exchange site platform dude.
But if not, it wouldn't enough to say it is good to earn in 1 week. You forgot to think that most of the altcoins here in
crypto space are volatile that is why the market was too unpredictable.
If one is a day trader then the volatility of the Altcoins will more good for you to make good profit from your trading. How do you mean trade correctly, to if you make profit from your trading that is simply way of trading correctly though everyone is entitled to his or her opinion.
full member
Activity: 1190
Merit: 111
October 17, 2021, 04:38:41 PM
#19
https://www.youtube.com/watch?v=UmxGGxAvqus

I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.

It will only be enough, if you trade correctly, and the coins is really profitable-in the exchange site platform dude.
But if not, it wouldn't enough to say it is good to earn in 1 week. You forgot to think that most of the altcoins here in
crypto space are volatile that is why the market was too unpredictable.
member
Activity: 267
Merit: 11
October 17, 2021, 04:36:56 PM
#18
Trading crypto currency in just one week of a bull trend should not really be used as a period to know whether one is a good crypto currency trader or not. But we are all looking for way to make profit from trading crypto currency and once you have made the profit whether you are newbie who just start trading crypto within one day all doesn't matter to me.
sr. member
Activity: 1526
Merit: 252
October 17, 2021, 04:24:22 PM
#17
I don't know, you may be as great as you think and feel proud of this one-week green trade. But maybe you sell it right then and there. We are even still waiting for the market to show a decline. As long as you have a profit on what you've been trading for a whole week then that's great. The most important thing is not to talk about your trading losses the following week. Grin
hero member
Activity: 2884
Merit: 794
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October 17, 2021, 04:02:34 PM
#16
Oh so you traded for whole 1 week? And succeed? damn it has to be super hard especially that market during this week did this:



Big green dildo.

Trade altcoins for more than 1 year and than share your experience. Show us how your trading strategies handle 50% daily dump that we see even on biggest alts from time to time. One week is way to short to test any strategy. Especially if it was green dildo week.
Exactly, anyone looks like a genius when there is a bull market, it is during the difficult times when we actually see who is a good trader and who is not, however the biggest problem as you point out is the attitude of the OP, he seems to think that just by trading one week he has shown people that anyone can trade, if that was true then why do we have statistics that show that the vast majority of the traders lose all their money in just a few years? I am glad for his small success but to try to extrapolate this to mean anything more than that as the OP is trying to do is a mistake.
sr. member
Activity: 2506
Merit: 368
October 17, 2021, 03:23:11 PM
#15
It must be exhausting trading straight for a whole week.
If that's how easy to trade none of us wouldn't be suffering from losses. Grin

Well, I must say almost everyone can do it but that doesn't it was an easy task. I mean, you really need some trading experience before diving straight into the market in order for you to gain a good profit. If not then, you are surely gambling your money hoping you'd win and gain a profit.

I would say, 1 week may be good but let's see what's your record in a whole year?
legendary
Activity: 2618
Merit: 1105
October 17, 2021, 02:15:02 PM
#14
Trading 1 week cannot give you a tag of a perfect trader, considering that so many 'self-proclaimed perfect traders' have also committed huge losses during years of their experience. Stop pretending like you have become perfect in this field because of you have made profits in a week, and lose the next day, then that is not perfection. It is good for you that you did good, but try to maintain it and let your profitable run sustain for long time.
full member
Activity: 1708
Merit: 126
October 17, 2021, 01:23:51 PM
#13
If you're doing a day trading, then 1 week would be enough for you to take profit. Others take a long run because they haven't reached their target goal yet. Things will depend on what you want to achieve. As long as you're holding and trading a potential coin, a week or two would be profitable already but of course, you should know how to deal with the market first.
full member
Activity: 1708
Merit: 105
October 17, 2021, 12:54:36 PM
#12
This is somehow due to the bullish market as it is increasingly going really well and have much more to go, So, due to the better way of increasing market, you were succeeded in this trading, as you own struggle and techniques will also be there but I think sometimes when the market is not fair enough good, so that time should be careful.
we must admit that every trade clearly requires careful preparation because it may not be optimal in carrying out executions due to many obstacles.
the funds used for trading are ensured, are indeed funds that are more and separate from the needs that are used daily.

Currently, there are many advantages to trading because the market is indeed good and is increasing. whatever we will do will be easily fulfilled because trading is very active. just need to analyze well before executing. because all can not be separated from analyzing well so as not to determine the wrong step.

a good example that the op did and certainly will be able to make many interested to try. currently it is clearly very supported which is indeed being improved.
hero member
Activity: 2100
Merit: 618
October 17, 2021, 12:15:58 PM
#11
https://www.youtube.com/watch?v=UmxGGxAvqus

I trade crypto for 1 week - in order to show you all that anyone can do it, and so you can see how well I do in the course of 1 week.
1 week is really very less time I have to say, moreover the one week when btc was absolutely green with no red candles what so ever, my wealth would have automatically grown by 10% just by holding bitcoin for a week without any trade that you have made, I sometimes consider even 1 year to be a very less time to judge anyone's trading skills because many bull markets last for more than a year so the change of the mega trend can sometimes take more than a year so your strategy might not work in the next mega trend therefore 2 years is good time to declare yourself a trading master anything less than that is just stupidity.
full member
Activity: 896
Merit: 100
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October 17, 2021, 11:52:15 AM
#10
This is somehow due to the bullish market as it is increasingly going really well and have much more to go, So, due to the better way of increasing market, you were succeeded in this trading, as you own struggle and techniques will also be there but I think sometimes when the market is not fair enough good, so that time should be careful.
hero member
Activity: 2072
Merit: 603
October 17, 2021, 11:11:06 AM
#9
Honestly, the one who gets excited with short success are the one who loose most of the asset in their trading career. Trading is such worst well where you can not reach the bottom of it! It's big deep black hole too, where you can get sucked in and have nothing!

I am not saying that its just hard one but understand the trading world. Peeps has lost their millions in blink of an eye. You must be very strategic, with plans and goals to become successful trader in the crypto world. There are times when we need to stand very very firm when the market is crashing our portfolios and still we need to recover the principle + profit amounts through that. That needs dedication and tremendous TA.

Get plenty of lessons before you say it success! It's just for your own good and future prospects.
sr. member
Activity: 2310
Merit: 332
October 17, 2021, 11:04:53 AM
#8
You have just traded within a week and probably you a lucky to choose a particular trend this time that worked for you it may not come the same way next week and that will require your experience to show. I believe that the market has a manipulating force that will change from time to time. Now can be favourable to you but you have not tried next more weeks to know how you are going to perform, so you should practice more and don't be in a haste to call yourself up as an expert until you have done more successful trading in the future.
legendary
Activity: 1582
Merit: 1284
October 17, 2021, 11:02:13 AM
#7
Cryptocurrency trading last week was very profitable so no matter how bad you are, you will make a profit, but we cannot describe it as a profit.
Long-term altcoin trading is unsuccessful, inaccurate and the potential for higher losses.
Bitcoin trading is profitable, but we definitely cannot build a perception on Bitcoin or cryptocurrencies and describe them as success or failure in a short period or a week if you dont have and old trading experience.
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