was trading beneficial for you? - page 20.

cluit

legendary

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Quote from: adzino on November 30, 2017, 01:58:26 PM

Quote from: kuronokishi10 on November 27, 2017, 02:30:08 PM

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

Its sounds like you think people can become rich really quick and easily by trading bitcoin. This is actually not true. You just make small profits (or loss) each day.
Trading has been good for me so far. Made some moderate profit though I am not much into trading. More into long term investment.

Lol, You have raised good point regarding trading. Yes some people think that way about trading and even gambling whereas this is not true in the case of trading at all.

You need to really burn midnight oil to learn trading tricks and to get sufficient knowledge about the coins you are dealing with to make right moves on right time. If you obviously trading large amounts, the risk also increases which can either give you grand profits or massive loss.

syberwolfen

sr. member

Activity: 790

Merit: 261

Quote from: dharnamonitor on December 03, 2017, 07:00:58 AM

It depends, sometimes I am busy that I've forgot to login my account in an exchange site and missed the opportunity to sell the coin to make some profit. But yes, I think it was obviously beneficial for committed traders unlike myself that has something more important to do.
[/quote

Yes it purely depends on commitment and being upto date when it comes to trading because that's how traders earn money and even I made similar mistake like you and let the golden opportunity go in vain but trader is not a cup of tea for anyone and everyone .

Aikidoka

sr. member

Activity: 1078

Merit: 342

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Honestly, I still have not started trading with cryptocurrency yet. But in real life, I can say that I manage to make it beneficial for me. To elaborate, the day I started trading, I made many mistakes and regretted many things. But in time, I managed to surpassed them with the experiences I had.

Added to that, I learned many trading skills and I really want to apply them on the cryptocurrency. That is why I want to buy some bitcoin because I am starting with it.

Baijit20

full member

Activity: 414

Merit: 100

I think trading is not easy if you really want earn good profit by trading you need good experience and skill.yes I can say it change my life.it gives me lot of hope.sometimes I mistake and loss but I always learn from my mistake.

bitllionaire

legendary

Activity: 1120

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Quote from: herurist on December 03, 2017, 09:17:44 AM

Quote from: kuronokishi10 on November 27, 2017, 02:30:08 PM

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

My trade has bad record and lost almost 40% from my money, that's why I try new way. Still trade but using investment mindset, meaning use long period ( day - week - month ), buy the main coins ( btc & eth ) and leave others. Until now, success return my real fund from my mistakes and also has income. My mistake from trade only one and we call it " greedy ". It was nightmare & I'll never do that again. Have a nice trade.

You may not have good experience and skill in trading, you need to get some good experience in trading first and after that you should invest good amount of money in trading. You can get experience in trading through spending time, in very beginning you should invest small amount of money in trading because there are more chances to lose your money if you do not have good experience in trading.

herurist

sr. member

Activity: 1680

Merit: 259

Quote from: kuronokishi10 on November 27, 2017, 02:30:08 PM

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

My trade has bad record and lost almost 40% from my money, that's why I try new way. Still trade but using investment mindset, meaning use long period ( day - week - month ), buy the main coins ( btc & eth ) and leave others. Until now, success return my real fund from my mistakes and also has income. My mistake from trade only one and we call it " greedy ". It was nightmare & I'll never do that again. Have a nice trade.

yndye

sr. member

Activity: 616

Merit: 262

Quote from: kuronokishi10 on November 27, 2017, 02:30:08 PM

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

My trading journey started a year ago but stop for some time and back again for a few months now. I have tried so many strategies, followed some traders, participate in pump and dump (which is not recommended and I stop anyway because I just lose from it), tried doing some more strategy and research more. Some things I learned from my experience is that I learned more in losing than when I am successful and I make sure that I know my mistake why I lose in a particular trade. I still continue learning and I hope that someday I will be able to reach the goals I dreamed of through trading.

dharnamonitor

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Activity: 448

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It depends, sometimes I am busy that I've forgot to login my account in an exchange site and missed the opportunity to sell the coin to make some profit. But yes, I think it was obviously beneficial for committed traders unlike myself that has something more important to do.

Hazaki

full member

Activity: 406

Merit: 156

Quote from: Jaya912 on December 03, 2017, 04:15:03 AM

all people start trading with dream become rich people or at least they like to do full time trading instead of working regular.
but that dream is not easy thing become true. need time and experience to make it true. effort is very important too.

In addition to that effort is a very important asset in the trading world , working smart can turn to be very beneficial because some people work the shit out of them selves without really obtaining a good output that equals the effort that they had spent at all .

To work hard is important but you need to set certain patterns and strategies for yourself , because in a such risky field you should expect to loose the value of your funds at any given time , and that's why people always advice new traders to not risk what they can't afford to loose (such as tuition fees , money for buying a house or money dedicated to pay off a debt .. ) .

As for myself trading wasn't really beneficial at all since i didn't expect bitcoin to reach this height ( 11.1k at it's actual price ) , and i just traded it for fiat each time . If i would kept my coins i'd certainly have become much more wealthy than i'am now . Having a futuristic vision is crucial ins such fields , but you never know what'll happen next ( including the shit that might happens ) .

Blockfolioz

member

Activity: 230

Merit: 10

With most people's real life experience found trading to be one among the risk involved opportunity to earn good. When the same is known better and then if the user gets into it surely profiting happens even if the user face failure at the earlier days of active trading.

ivrynx

full member

Activity: 518

Merit: 103

Yes, it is beneficial, all you need to do is to understand the market and always study, keep on learning, do not be complacent in the strategy you are using, always be flexible, there are times that the strategy you use will give you more than what you asked for and do not settle on that, always make sure that you are going to repeat the same result, even if you need to change your patterns, you might be overwhelmed when you get more profit, you might loose focus.

betMaster

sr. member

Activity: 336

Merit: 250

I'm very happy to declare that my trading journey has been more than successful in these past years , and that i have made nice amounts of money that permitted me to afford kinda luxurious life . All of this was thanks to my instinct and that i believed in the OG of all coins , bitcoin!

During my trading journey i had only 2 rules :

1st rule ) Never sell bitcoin , just buy it .

2nd rule) Respect the 1st rule .

And thankfully this led me to make great profits especially after the rise from 5k to 8k then to 9k and proceeding till now 11k ..
I believed in it and had the feeling that this should be the coin to invest in ! and it's giving back the favor to me now !
I invested little amounts in Eth and LTC too but i instantly got rid of them and swapped them with bitcoin the day it crossed the 6k bar .

kaygie

newbie

Activity: 20

Merit: 0

Hope I was but no. I am a newbie in trading (well almost 8months trying to make profit from it) but I still don't get profit but only losses I always ended up buying the wrong coin or holding and selling and wrong time. I really want to be a good trader so Im still making some good reads to know where I am making mistake instead of having profit.

Ausgewielt

full member

Activity: 453

Merit: 104

I am still new in trading so I don't have many experience in it. But sometime I get profit, Although its only small amount of satoshi. I would like to learn more about trading bitcoin, I understand that if I do it without knowledge then its just the same with gambling.

Thanasis

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Quote from: kuronokishi10 on November 27, 2017, 02:30:08 PM

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

The success of their trading job will be based on their skills and many traders who failed to succeed here by investing on wrong coins,so learn the basics before start trading just buy and sell will don't give us profits we need to buy and sell them at the right time and the right place.Foe me I was little bit harder journey but now I am getting decent profit my trading job but I am concentrating more on the mining because it is giving me more profits and I am holding my earnings in the form of bitcoins so I can get huge profits in some years.

erickkyut

hero member

Activity: 1176

Merit: 509

Quote from: kuronokishi10 on November 27, 2017, 02:30:08 PM

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

Trading can be very complicated when you are not fully equipped with the knowledge about it. My journey in this industry is still a work in progress. I know I still have a long way to go and I still need to learn tons of things about it. I started trading with a little amount of money and every time I have extra, I will add it to my investments. My goal is for long term so trading so I don't care about the profits or losses now. My biggest mistake in this industry is when there was a pump on the coin that I bought so I decided to sell it and after a few days, there was a much bigger pump. If I kept my coins that time, I could have get a much bigger profit and that's the reason why I decided to do long term trading.

Jaya912

full member

Activity: 280

Merit: 101

all people start trading with dream become rich people or at least they like to do full time trading instead of working regular.
but that dream is not easy thing become true. need time and experience to make it true. effort is very important too.

eleonor

newbie

Activity: 38

Merit: 0

I am really interested putting some bucks as capital for trading after hearing lots of successful trader's story and I wanna become one of them some day yet I still dont catch the right moves in choosing what send when to buy such altcoin.

Rodeo02

hero member

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Quote from: justdimin on December 03, 2017, 03:57:30 AM

Quote from: kuronokishi10 on November 27, 2017, 02:30:08 PM

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

So far so good, I will say it has been extremely beneficial. Luckily for me I entered the trading profession without the feelings of trying to do it myself. I knew there was so much to gain and doing it well is what counts which I made sure I hit the books first and decided to learn as much as I could without rushing.

It started all well and I am happy where I am right now. Some mistakes happen once in a while, but I learn from them, but not something too much that the profit I get cannot always take care of.

trading are beneficial but the thing is you have to take a lot of risk of this cause you may not know what can happen specially for all trhe first time that are trying to do trading but i assure that this is very beneficial.

justdimin

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Quote from: kuronokishi10 on November 27, 2017, 02:30:08 PM

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

So far so good, I will say it has been extremely beneficial. Luckily for me I entered the trading profession without the feelings of trying to do it myself. I knew there was so much to gain and doing it well is what counts which I made sure I hit the books first and decided to learn as much as I could without rushing.

It started all well and I am happy where I am right now. Some mistakes happen once in a while, but I learn from them, but not something too much that the profit I get cannot always take care of.

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