What did you learn about crypto trading? - page 11.

lixer

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Quote from: Qikiye on December 18, 2021, 06:31:59 PM

From cryptocurrency trading I have learned a lot that when the marketing momentum is downward you can invest and when upward market you are up Sell the invested assets.

That must be the simple way, a trader needs to do to make profits but unfortunately people are too active to buy around peak price levels out of FOMO and then when market crashes they try to sell due to fear. When we are gathering experiences then we can slowly get rid off emotions to dominate our trading which is more important to execute the simple plan of buying low and selling high.

We are all learning something new everyday but hoe effectively we are making use of the in live market will script the passage toward success. Trading crypto is not easier until you learn out of your own experiences.

Qikiye

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Bisq Market Day - March 20th 2023

Quote from: nhaila on December 18, 2021, 05:05:24 PM

In cryptocurrencies trading , A lots of things/ knowledge that I gathered . In trading no emotions can lead you sauces. You shouldn't lose patients. Always remember that in successful trading , buying the deep and selling the market high..

Cryptocurrency is not a place for emotions. From cryptocurrency trading I have learned a lot that when the marketing momentum is downward you can invest and when upward market you are up Sell the invested assets.

palle11

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Quote from: Wawa2013 on December 18, 2021, 04:19:38 PM

The most
important thing is that our emotions must be controlled, sometimes have good technical skills without controlling emotions, it can make us
fail to make a profit.

Sure our emotions can mislead us in different ways. For example it can mislead us in :

1. Multiple market entering even when we know it is not the best way to trade, we still enter into it making us to chase the market.

2. It gives us wrong analysis and judgement of the market after we do a proper analysis, we may change thinking that the analysis is wrong.

nhaila

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Moonbet.io

In cryptocurrencies trading , A lots of things/ knowledge that I gathered . In trading no emotions can lead you sauces. You shouldn't lose patients. Always remember that in successful trading , buying the deep and selling the market high..

Wawa2013

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Quote from: Oilacris on December 15, 2021, 04:17:40 PM

Quote from: Wawa2013 on December 15, 2021, 02:49:16 PM

Quote from: iv4n on December 15, 2021, 11:19:37 AM

With crypto trading, I learned more about how markets really work... what is pump and dump scheme, what is bull/bear market... about spread, volatility, entry/exit points... and about much other stuff! I got into crypto trading without knowledge about trading at all, it was fun to do it and to learn more about it while I am doing it! I think I scratched the surface, there are too many things to learn about trading and trading options... so basically learning about trading should never stop, we need to upgrade our knowledge all the time if we wish to make a profit in long run!

Crypto trading does teach a lot of things about the crypto world, we are becoming more and more aware of how crypto works, so we can find out
when is the best time to buy coins and sell coins. At first I tried to learn about crypto trading, because I was tempted by some professional traders
who could have a big income from crypto trading. It turned out that after I tried crypto trading it was not as easy as imagined, we need to learn
a lot of things to be able to make the right decisions when trading, and finally be able to make the profit we want. After all, the crypto market is
always changing trends, and new coins are always popping up. This means that we never stop learning when we succeed in making a profit from
crypto trading. The more we develop our trading knowledge and skills, the more we will understand how to increase our income in the crypto world.

On the time that you had learnt up trading then you would really be fully aware on how this market works and on how it does move.You

would realize on things attached and unattached to it and act accordingly on the situation you might be facing on.As long you do able to

experience for yourself and find out ways on how to deal with it then this is the primary things you should needed to sustain at least on this place.

I'm still learning and finding out some things that I haven't mastered yet. to become a successful trader and can survive for a long time,
it requires struggle and it is not easy to achieve. But once we know how the market works, it's easier for us to make a profit. The most
important thing is that our emotions must be controlled, sometimes have good technical skills without controlling emotions, it can make us
fail to make a profit. As I said trading is not an easy thing, not just buy at a low price and sell at a high price. Because many things affect
so that we can generate profits. So don't be lazy to learn and don't stop learning, always hone our trading skills, even though we have managed
to make big profits.

Silberman

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Quote from: Finestream on December 17, 2021, 01:20:44 PM

Quote from: MIner1448 on December 17, 2021, 06:49:38 AM

Here you are right, cryptocurrency is not easy money, in order to effectively trade on the exchange you need to have your head on your shoulders, be a discreet and excellent analyst with entrepreneurial skills. There is no money anywhere, many people will see enough in social networks about big earnings on cryptocurrency, then they enter this world with the intentions of getting the same money and siphon off their deposits in the first minutes of trading

Trading is not always as good and profitable as it is like we've seen or heard from social media. It will only become one if you have your own sufficient learning in crypto trading, have build skills and special strategies for trading, and definitely have the patience and determination to succeed in trading even if the road to its success is certainly tough. And you'll only get to make profits in crypto if you are not afraid to lose your money in the first place.

People in social media say all kind of things and people have the tendency to believe them, without a doubt trading can be a very profitable activity however what they do not mention is that the vast majority of those that try it lose all their money in a short amount of time, so the rate of success at the activity is very low, this is what produces the huge disparities we see in the markets in which a trader earns a fortune while the rest lose money, so anyone that wants to become a trader needs to understand this reality and accept it, and if they cannot then there is little chance they will be able to reach the goals they set for themselves in this market.

DarkDays

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Quote from: pgbit on December 16, 2021, 10:26:53 AM

I learned and also getting good profit from Trading. 1. I learned from trading. first, you should research that project. if you got good information. Then invest and get profit
2. If you want to buy any token. you should buy in dip because the dip is good opportunity. 3 If you are in loss Then you should keep patience because patience plays important role in trading

With crypto trading there are a few things one learns by experience. Of the few useful things to learn and utilise are stop-loss, market research to understand what's the trend like, paying attention to news outlets, and never be FUD-ed by the news - always act of own accord which should be based one the research conducted. Lastly, take profit when you can and if you get too greedy take the responsibility for it.

Finestream

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Quote from: MIner1448 on December 17, 2021, 06:49:38 AM

Here you are right, cryptocurrency is not easy money, in order to effectively trade on the exchange you need to have your head on your shoulders, be a discreet and excellent analyst with entrepreneurial skills. There is no money anywhere, many people will see enough in social networks about big earnings on cryptocurrency, then they enter this world with the intentions of getting the same money and siphon off their deposits in the first minutes of trading

Trading is not always as good and profitable as it is like we've seen or heard from social media. It will only become one if you have your own sufficient learning in crypto trading, have build skills and special strategies for trading, and definitely have the patience and determination to succeed in trading even if the road to its success is certainly tough. And you'll only get to make profits in crypto if you are not afraid to lose your money in the first place.

RealMalatesta

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Quote from: Alert31 on December 02, 2021, 09:36:45 AM

During the time I started trading in crypto, I didn't think of making huge money instead I was thinking how to trade successfully and how to avoid losses so that I can keep my small capital secured. In other word, I was afraid of losses. Spending time to learn and understand technical analysis, the trading view platform,and a market as a whole has shown me that making a living and earning good profit is possible in crypto market.

I've also learned that Trading is not an easy money machine. It always need your time and effort and most important you have a lot of knowledge, strategies, patience and self discipline. If you are able to enter, you should also determine your trade exit.

As long as you are patient enough then you are going to be fine. That is the most important part, plus if you want to be a "master" at trading, you need to spend thousands of hours just learning part, you also need thousands of hours trading meanwhile. It doesn't have to be one after the other, you could learn for 50 hours or so and then start trading, but you can't stop learning after you start trading, so in the end you will reach to a point where you spent 1000 hours learning and 2000 hours trading one day and that is when you will see how better you are at trading then when you started out. It is not easy, it takes time and it is a very tiring job.

Sometimes you do not have any time at all for yourself for weeks, and you will hate the fact that you haven't done anything in your life outside of trading but eventually you will have a good return that will allow you to retire earlier so you could technically have more time to live your life.

MIner1448

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Tontogether | Save Smart & Win Big

Here you are right, cryptocurrency is not easy money, in order to effectively trade on the exchange you need to have your head on your shoulders, be a discreet and excellent analyst with entrepreneurial skills. There is no money anywhere, many people will see enough in social networks about big earnings on cryptocurrency, then they enter this world with the intentions of getting the same money and siphon off their deposits in the first minutes of trading

LastKiss

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SOL.BIOKRIPT.COM

Quote from: junmisakiro on December 17, 2021, 04:57:18 AM

Trading is not just to think about profit, let alone big profits in an instant, that's a big mistake, even though you have good knowledge without being able to control your emotions, of course everything will destroy you.
I think the most valuable knowledge in trading is personal experience, be it bad or good. because the rush to take as much profit as possible is a common desire of all people without realizing it will be a boomerang to turn things around to cause losses for themselves and it will not be controlled if traders can not control themselves properly.
I think it is the most important thing in trading, being able to control emotions well.

I agree that being able to control our emotions is really needed in trading and investing, controlling our emotions is not easy to master because we will panic easily when the bear market happened. Also keep in mind that the funds that you use are that you can afford to lose to decrease your depression when your portfolio is all in red.

junmisakiro

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Trading is not just to think about profit, let alone big profits in an instant, that's a big mistake, even though you have good knowledge without being able to control your emotions, of course everything will destroy you.
I think the most valuable knowledge in trading is personal experience, be it bad or good. because the rush to take as much profit as possible is a common desire of all people without realizing it will be a boomerang to turn things around to cause losses for themselves and it will not be controlled if traders can not control themselves properly.
I think it is the most important thing in trading, being able to control emotions well.

justdimin

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Quote from: pgbit on December 16, 2021, 10:26:53 AM

If you want to buy any token. you should buy in dip because the dip is good opportunity.

How do you determine the dips? When we are not good at technical analysis then you cannot wait for dips. Probably for the traders who are not good in technical analysis may go DCA. It is a strategy which deals about buying regularly at fixed time gaps. You may buy every month or every week then you can enjoy lower buying price in average.

Quote from: pgbit on December 16, 2021, 10:26:53 AM

If you are in loss Then you should keep patience because patience plays important role in trading

Yeah, when you are about to make use of dips then you will not bother about incurred losses. But for that, you must need to spare some capital always so that you will be able to buy more when dips happen.

pgbit

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Trident Protocol | Simple «buy-hold-earn» system!

I learned and also getting good profit from Trading. 1. I learned from trading. first, you should research that project. if you got good information. Then invest and get profit
2. If you want to buy any token. you should buy in dip because the dip is good opportunity. 3 If you are in loss Then you should keep patience because patience plays important role in trading

Oilacris

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Quote from: Wawa2013 on December 15, 2021, 02:49:16 PM

Quote from: iv4n on December 15, 2021, 11:19:37 AM

With crypto trading, I learned more about how markets really work... what is pump and dump scheme, what is bull/bear market... about spread, volatility, entry/exit points... and about much other stuff! I got into crypto trading without knowledge about trading at all, it was fun to do it and to learn more about it while I am doing it! I think I scratched the surface, there are too many things to learn about trading and trading options... so basically learning about trading should never stop, we need to upgrade our knowledge all the time if we wish to make a profit in long run!

Crypto trading does teach a lot of things about the crypto world, we are becoming more and more aware of how crypto works, so we can find out
when is the best time to buy coins and sell coins. At first I tried to learn about crypto trading, because I was tempted by some professional traders
who could have a big income from crypto trading. It turned out that after I tried crypto trading it was not as easy as imagined, we need to learn
a lot of things to be able to make the right decisions when trading, and finally be able to make the profit we want. After all, the crypto market is
always changing trends, and new coins are always popping up. This means that we never stop learning when we succeed in making a profit from
crypto trading. The more we develop our trading knowledge and skills, the more we will understand how to increase our income in the crypto world.

On the time that you had learnt up trading then you would really be fully aware on how this market works and on how it does move.You

would realize on things attached and unattached to it and act accordingly on the situation you might be facing on.As long you do able to

experience for yourself and find out ways on how to deal with it then this is the primary things you should needed to sustain at least on this place.

Wawa2013

sr. member

Activity: 1666

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Quote from: iv4n on December 15, 2021, 11:19:37 AM

With crypto trading, I learned more about how markets really work... what is pump and dump scheme, what is bull/bear market... about spread, volatility, entry/exit points... and about much other stuff! I got into crypto trading without knowledge about trading at all, it was fun to do it and to learn more about it while I am doing it! I think I scratched the surface, there are too many things to learn about trading and trading options... so basically learning about trading should never stop, we need to upgrade our knowledge all the time if we wish to make a profit in long run!

Crypto trading does teach a lot of things about the crypto world, we are becoming more and more aware of how crypto works, so we can find out
when is the best time to buy coins and sell coins. At first I tried to learn about crypto trading, because I was tempted by some professional traders
who could have a big income from crypto trading. It turned out that after I tried crypto trading it was not as easy as imagined, we need to learn
a lot of things to be able to make the right decisions when trading, and finally be able to make the profit we want. After all, the crypto market is
always changing trends, and new coins are always popping up. This means that we never stop learning when we succeed in making a profit from
crypto trading. The more we develop our trading knowledge and skills, the more we will understand how to increase our income in the crypto world.

palle11

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Quote from: checkmatesir on December 13, 2021, 09:11:02 PM

One of the big thing i learn is controlling emotion. When you trade On emotions you will mostly loss. When I enters in trading first , i Often took entry when any token in full fomo which cause sometimes big loss. So i learned and experienced trading and taught me to control emotions when you trading.

At every point and stage of our lives, patience is a virtue and trading cryptocurrency trains us this way. So is a great thing to know that trading without patience is going to lead to losses which is failure. I think the more you trade you get use to being patience in life. Also your strategy gets matured because you keep shaping and adjusting into perfection.

Silberman

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Quote from: adzino on December 13, 2021, 04:00:53 PM

What most people learned from crypto trading is that they can't get rich over night by trading crypto currencies. They have to be very patient and they have to be prepared to face any unexpected loss. What's more important is that they eventually learn not to avoid impulsive trading that is they learn not to trade without forethought. They learn how to read the charts and how the market works. I find it weird how people are saying that they have learned how to manage their emotions (even anger...) through crypto trading..

That is only true for the ones that eventually became successful and learned that what they were doing is wrong, after all there are a lot of traders out there that never learn that lesson and still think they can become rich with cryptocurrencies, those people are not interested in the market themselves or in the technology behind bitcoin, there is only one thing on their minds and that is to make money no matter what, and someone with that kind of mentality is not interested at all in learning but in having incredible results, and ironically this is why they are incapable to obtain the results they are looking for.

aquafinewater

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Without knowledge and experience in crypto, the game is useless. I also learn from crypto; some are always investing in dumps and buying in parts, as well as selling in parts, thus making a profit and save portfolio from loose

Mohsin420

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According to my experience Traders can make a lot of money in the crypto market but a lot of money can be lost if we are ignorant about it. We have to check the market news regularly because a single bad piece of news can change the entire market. One technical analysis won't work and we have to check it regularly.

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