wow got some tips on this thread
i will definitely have a check on those
at first i was excited about trading and i started really well but then i got stock on my altcoins
sometimes you win sometimes you lose
no risk, no gain thats what old traders usually says
being a trader you have to be positive
always think when theres a dump there is definitely a pump
but it does not happen all the time
some when it dumps its dead haha
theres always a risk
all you can do is lower the risk
invest on top coins, make a research before buying...
Topic: Trading Risk management. (Read 1708 times)
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
I would suggest you look into lending coins to margin traders, that way you basically have no risk other than the exchange itself running away with the funds(unlikely if you choose the right exchange to deal with), because the loan is collateralized.Even if you look at the charts and see distinct patterns, there is still a risk that you cannot ever remove from trading. Risk and reward go hand it hand, more risk, more reward. I suggest you be in bitcoin for the medium or long term, because short term carries much more risk of losing than the long term. for example, buying at the dips in between halvings, whilst selling your coins around 1 year after halving when it tops is a good, essentially risk free trading strategy.
Trading is meant to be risky. I don't think anyone here can tell you a sure way of making profit. Even Warren buffet do not make sure profit everytime. Strategy changes according to circumstances. Sometimes there is a huge dump and sometimes there is pump. You got to react accordingly. Everyone has its own way of trading. You should try to learn some terms of trading with a bit googling and then get into trading, first with small amount and learn it yourself.
Hate to be the guy that comes out here and says this, but if you're going to be asking a question like this you're probably going to not be the right person for trading. You can only learn so much from people when it comes to trading it such a high risk, volatile market, you're going to have to know a lot of the stuff that you're doing by learning from experience and just seeing how you do-- this may be an expensive process but it's a learning curve that must be acheived.
You can't come here and say oh I don't want to lose money but I want a secure way to make x amount of money every day, or month, or week or whatever it is with that. You're not going to do that, it's just simply not going to work out in the least. You may have a day where you make an insane amount of money and another where you almost lose it sall
You can't come here and say oh I don't want to lose money but I want a secure way to make x amount of money every day, or month, or week or whatever it is with that. You're not going to do that, it's just simply not going to work out in the least. You may have a day where you make an insane amount of money and another where you almost lose it sall
Each business has their risks , but trading is not a big risk , depends in what coin you are going to invest . For example trading is not like gambling , in gambling you can lose all but in trading you are not losing all , just a bit from that ammountn, but when the coin is going down you should keep them for a growing and after sell for profit that is easy
Also i recommend you first time to buy tokens worth 10 - 15 usd and trading with them first time . After you are beingn friendly with trading you can start with big ammounts and big profits
Enjoy
Also i recommend you first time to buy tokens worth 10 - 15 usd and trading with them first time . After you are beingn friendly with trading you can start with big ammounts and big profits
Enjoy
Thanks, but how trading works ?? do you have any videos ??
Each business has their risks , but trading is not a big risk , depends in what coin you are going to invest . For example trading is not like gambling , in gambling you can lose all but in trading you are not losing all , just a bit from that ammountn, but when the coin is going down you should keep them for a growing and after sell for profit that is easy
Also i recommend you first time to buy tokens worth 10 - 15 usd and trading with them first time . After you are beingn friendly with trading you can start with big ammounts and big profits
Enjoy
Also i recommend you first time to buy tokens worth 10 - 15 usd and trading with them first time . After you are beingn friendly with trading you can start with big ammounts and big profits
Enjoy
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
I recommend you to read the book "trading in the zone". That should give you good clues on what the right mindset for trading is. After that, I think you should try paper trade, or trade with a very small amount, that you don't mind losing. This way you can put your strategy to test, without the fearing of losing. Some traders probably have a good strategy, but can't accept losses, and end up changing it in the middle of a trade. If you do this, you will never know if your strategy is good or not.
If you go through all this learning process, then you should be closer to become a good trader.
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
Daily trading needs medium time period and only 5% profit from your fund, never hold and use stop loss. There's no guarantee you can make profit every day, but you can try. When mistakes comes up you must try to fix it, never give up. Be patience and discipline is better. Good luck.
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
short answer is gain experience.
you need to learn how trading works. learn some technical analysis, it helps a lot but don't rely on it ever. you don't even have to trade to learn, you can watch the market for a while, make speculations write it down and see if your decision was profitable after the day's end.
after a while you start understanding how the market works and can feel confident enough to invest real money and make good profit. but there is a learning curve that you need to get over first. it may take some time but eventually it will be all easier and faster.
Where i can earn how trading works do you have any website ?
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
short answer is gain experience.
you need to learn how trading works. learn some technical analysis, it helps a lot but don't rely on it ever. you don't even have to trade to learn, you can watch the market for a while, make speculations write it down and see if your decision was profitable after the day's end.
after a while you start understanding how the market works and can feel confident enough to invest real money and make good profit. but there is a learning curve that you need to get over first. it may take some time but eventually it will be all easier and faster.
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
This is only possible when you are already and experienced or professional trade on which you can able to make profits on such movements of bitcoins price and even those pros do really lose up money that's why trading cant still be assured that you can make money anytime. Anything that involves money do really have certain risk on losing it that's why we should learned up things related to it in able to minimize of losing. Trading does really require time and cant be perfect overnight. 
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
Study the charts. Make educated and well-though decisions and predictions. Just like trading stocks, trading crypto also has risks, and the only way for you to decrease the risks is to read the charts. A good site for this and other crypto is http://coinmarketcap.com
Don't expect trading to be an easy daily income if you don't know what you're doing.
Where do I find explanations about reading charts and other terms?
Hope you can help.
I still do not understand the terms in the trade you mentioned.
thanks for sharing. I will try it.
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
Study the charts. Make educated and well-though decisions and predictions. Just like trading stocks, trading crypto also has risks, and the only way for you to decrease the risks is to read the charts. A good site for this and other crypto is http://coinmarketcap.com
Don't expect trading to be an easy daily income if you don't know what you're doing.
Where do I find explanations about reading charts and other terms?
Hope you can help.
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
If you are talking about trading with bitcoins only it is hard to earn daily from it and it was very risky becaise it is so volatile . Daily trading income goes to trading of altcoins. What to do is make research before you invest and learn thats the only secret to earn daily .
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
Study the charts. Make educated and well-though decisions and predictions. Just like trading stocks, trading crypto also has risks, and the only way for you to decrease the risks is to read the charts. A good site for this and other crypto is http://coinmarketcap.com
Don't expect trading to be an easy daily income if you don't know what you're doing.
Where do I find explanations about reading charts and other terms?
Hope you can help.
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
Yes, it is a good question how to do trading to earn bitcoins. There are many ways to earn bitcoins. If by trading then work for people. Like Freelancing is the best example of trading to solve their given task and get bitcoins from them. And so many things according to computer world which can be solve though internet.I was trying to find a part-time, for which Bitcoin is paid. But it turned out to be very difficult. So I decided that it is better to earn trade. But this is not an easy way. This requires experience and knowledge
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
Yes, it is a good question how to do trading to earn bitcoins. There are many ways to earn bitcoins. If by trading then work for people. Like Freelancing is the best example of trading to solve their given task and get bitcoins from them. And so many things according to computer world which can be solve though internet.
Try applying normal strategy of swing trading. You can buy at lowest possible possible price and sell at highest possible price. That's the strategy I always apply and it works. I'm just concern about the panic trading which one should avoid as it gives you losses.
I also think you can't get some quick advice in a forum how to daytrade profitably. You need to spend lots of time in learning TA, knowing all major market influences and also practice your own trading strategy. Unfortunately it's really hard work and staying in big profit doesn't come overnight. And just getting alerts by others won't help you long term. Good luck!
Does anybody knows how I can do daily trading of Btc and still make daily income? Please I need a good response.
Study the charts. Make educated and well-though decisions and predictions. Just like trading stocks, trading crypto also has risks, and the only way for you to decrease the risks is to read the charts. A good site for this and other crypto is http://coinmarketcap.com
Don't expect trading to be an easy daily income if you don't know what you're doing.
Thanks, where i can Study the charts.
Jump to: