there are varieties of traders. such as long term and short term. In short terms, those who buy low and sell are only 20% to 50% of the cost. And in the long term, those who are dissatisfied with the low-priced market will want to wait for them to increase their value before they sell.
But if investing requires totality, without forgetting personal needs and I suggest you do not invest in all your capital, but set aside for investment. if the token goes down then you will starve and lose all your investment. 
Topic: trading tips and advice - page 4. (Read 683 times)
You need to know your trading profile first. In order to do that, you need to gather datas about your past trades and evaluate what type of trader you are. Are you a Fundamentalist that trades based on news and speculation or are you a Technical Analysts that uses chart as primary weapon. I advise you to read charts because this is the most profitable way to do (If you are good enough). You need to train yourself day and night. Eat charts like you've never eaten before. Research for anything that is related to trading. Focus on developing your system then work your way out to become the best trader by developing your mindset. Read books about trading psychology and Never ever giveup. Don't quit.
there are varieties of traders. such as long term and short term. In short terms, those who buy low and sell are only 20% to 50% of the cost. And in the long term, those who are dissatisfied with the low-priced market will want to wait for them to increase their value before they sell.
If you spend $ 500 to invest and can make $ 600 then that's great. But if you drop to $ 200 then that might be a normal thing. You just need to manage the right capital and make the right decision to buy and sell in time, that can not happen. If only $ 200, I think you should choose to become a holder
If you want to trade 500$ then do it.I think after getting your benefit you just trade with your benefit and get back your initial investment. I guess it can minimize your risk and you know there has up and down regarding price in crypto market.
Only one advice I should give - if you cashed in crypto, don't count to cash out for "home purposes" ass you said 
There will be one day when you will regret you cashed out this day, in the very beginning, don't hurt yourself.
Also try to trade without money in the beginning. No matter how stupid this sounds this can help you to reduce loses in the future
There will be one day when you will regret you cashed out this day, in the very beginning, don't hurt yourself.Also try to trade without money in the beginning. No matter how stupid this sounds this can help you to reduce loses in the future
You decision is good as long as the coin is a potential one and you have good knowledge of trading but if you are not experienced and do not have knowledge of trading, I will advice you stay off and invest in potential and stable coin then hold for long term as this will be more profitable for you.
There's always risk in trading and if you are comfortable with that kind of strategy then it is fine to do so. You can use the profit that you get as you like, personally i use it to increase my trade size so i can earn more but sometimes i also take the profit and use it to buy something.
Everything is depends on your strategy. You have to take some big risks as this marketplace is very risky.
Your idea is not looks promising to me. I think if you make some profit you should keep the amount of investment and reinvest the profit again. It will minimize the risk I guess.
Yeah you have to take risk if you want to invest in cryptocurrencies as the market is uncertain. You should invest that much that you can afford to lose.
i think the decesion of yours is bad . trading with cryptocurrency have some risk. Sometimes it goes up and sometimes it goes down.
From my point of view you should do a proper analyze before invest on this market. I suggest everyone to invest low amount for the first trading because it will minimize risk. You can raise your investment gradually. This is the best think that I suggest.
I think it's always better not to invest something you can't afford to lose. And also the toekns which deosn't have value might also be a scam so watch out for it as well. The prices has always been fluctuating from high to low and vice versa every now and then, so you also have to be patient in case of prices. Nevertheless, I would highly suggest you to invest the amount you are risking to lose.
From my point of view everyone must have to research before trading. I think you can invest more dollar when you get a decent profit from your initial investment. I think first investment should be low because it will minimize risk.
Everybody has a story to tell when it comes to trading on crypto currency, but j think there are lots of mentors on this field and there as been lot of write up when it comes to crypto trading. If u can try and consult them and read article, it will surely help
investment requires totality, without forgetting the personal / household needs. here I suggest you do not invest in all the capital you have, but set aside some for investment. if the token goes down then you will starve and lose all your investment.
if the money you have $ 500 to $ 600 then I suggest you to continue your trade without taking the advantage you get for the capital you use is growing and you will get more profits because the greater the capital we use the greater the benefits we get
Currently, the wise choice in cryptocurrency is to play the hype cycle. Well, actually it has probably always been like that with some exceptions like bitcoin and others. But right now, there is so much FOMO that it is very easy to just find a new coin that has low/zero pre-mine, semi-transparent and available team (even that isn't always needed), a good sales pitch. then, accumulate that coin with POW or by doing bounty and sell it as soon as possible becaue that is just what is happening right now.
I don't like it and I personally haven't taken advantage of the hype cycle as much as I should if I want to make money.
I don't like it and I personally haven't taken advantage of the hype cycle as much as I should if I want to make money.
I don't understand why is it important that coin is not pre-mined?
I think it is time to buy some crypto or earn it other way because the prices are pretty low.
My tips regarding this issue would be having logical approach and less emotional intensity and also be analytical about own success and failure. These things are very much needed if anyone want expected success in trading.
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