Topic: What did you learn about crypto trading? - page 12. (Read 2335 times)
Trading is not a mission to get rich, but how you can change your finances for the purpose of financial freedom. learning is part of the first step to success in trading, there are no shortcuts to get rich in a short time in trading. using part time to start learning trading for me is a must, rather than trading using instinct with very minimal knowledge.
Trading isn't a straightforward task and its not a betting so it is sweet to memorize around exchanging mental traps in exchanging like to be persistent and not easily emotional.Beside instruction moreover be attentive,active and great choice maker.Before get into crypto exchanging, the stage is to memorize all things related to trading. The most critical lesson remains on teaching rationally so merely are continuously in great control, not being carried absent by feelings from showcase turbulence, teaching to remain steady, remain restrained and not effectively impacted by things that can annihilate crypto exchanging. Upgrade yourelf and keep eye on the news and move of whales,Then take choices in like manner.
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 is really good for all of the individuals. Crypto trading can make you engage all the day but is very advantageous way of earning money. If you hold for some time then it will be better for you as there will be less hazards of losing money in holding your crypto. Day trading needs all of your concentration as you people know that crypto is something unstable.
i tried too using the trading demo account, of course, we will not focus on this too much because its not real money we just click the buy and sell button
Nobody can learn something best about Crypto Currency Trading Through Demo account, as my opinion for learning Crypto trading if someone spent time on youtube then it will more helpful than Demo account. 
When i start trading looks easy just analyze the graph and buy low and sell high, i tried too using the trading demo account, of course, we will not focus on this too much because its not real money we just click the buy and sell button, but when i try to make a real trade it goes well at the first week but after that its the market crash most of my position falls down and get liquidated this is the reason why we always set a trading plans this might help us to make a decision to cut loss and take profits.
Sometimes newbie in trading have the wrong mindset. They are just trying to make money as fast as possible, because they think trading can make them rich quickly which is definitely wrong perception.
Nobody trade in what he doesn't know perfectly. It will be a big mistake trading in what you don't know.
Anything that involves money needed to be traded with caution not to be rushed into. Trading requires many skills and knowledge on how it works. I have only tried once in trading and I failed woefully by losing some dollars. Ever since then I promise myself never to try that mistake again until I learn how to trade faultlessly
Anything that involves money needed to be traded with caution not to be rushed into. Trading requires many skills and knowledge on how it works. I have only tried once in trading and I failed woefully by losing some dollars. Ever since then I promise myself never to try that mistake again until I learn how to trade faultlessly
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.
Controlling emotion will be the main lesson in crypto trading and so far, not many people can have good control in trading. Although it is hard, we need to keep trying to succeed in becoming a pro trader because controlling emotion will be the difficult thing that every trader will face. Besides learning controlling emotion, you should learn how to trade, especially how to know when to enter the market. But many more you need to learn to become a pro trader.
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.
Sometimes, working with that emotion is the best thing. I can't be looking at bitcoin dumping and you expect not to get freak out. If for example now that I see BTC price around $60k and with that double top, I would have sold and taking profit because I am very sure that even with the bullish sentiment, the market will still dump. We can see that btc is dumping even when majority are still bullish, Altcoins are even the worst.
Yes, each has its own stages. It is impossible for us to be at the top when we are new to crypto. In addition, trading knowledge and skills are needed in trading. All have a long process and a high will. To be a successful person must be able to go through the bitterness of learning and struggling at the beginning. Commitment is the most basic thing to be able to know everything about trading.
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.
Controlling emotion will be the main lesson in crypto trading and so far, not many people can have good control in trading. Although it is hard, we need to keep trying to succeed in becoming a pro trader because controlling emotion will be the difficult thing that every trader will face. Besides learning controlling emotion, you should learn how to trade, especially how to know when to enter the market. But many more you need to learn to become a pro trader.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.
Controlling emotion will be the main lesson in crypto trading and so far, not many people can have good control in trading. Although it is hard, we need to keep trying to succeed in becoming a pro trader because controlling emotion will be the difficult thing that every trader will face. Besides learning controlling emotion, you should learn how to trade, especially how to know when to enter the market. But many more you need to learn to become a pro trader. 
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.
Being able to earn money through trading is a huge reward but the real experience once you learn about trading is how you deal with the emotions, your rage, your temper and be able to handle the situation around you that could make the entire situation become different. Trading is not just buy low and sell high action, there are lots of stuff involved in trading, that's why it's not easy for new people to pick up trading.
Trading is not that simple if someone has to say it since they don't know the real experience once they try it on their own. Though, apart from controlling your emotions, you will also need to adjust when the market is moving so it's either a pump or drop you should know when to do it. That's why patience is very important when it comes to trading it may take some time before you get to earn some profit but at least you know what you are doing compare to someone who want to get more profit in a short amount of time. 
What I've learned most is to be patient and I keep this learning and am able to apply it in the other area.
Yet, it was very hard to control such feelings especially during crisis and sometimes we tend to break them. But based on my experience, it won't give good results but just losses only. We have to keep patient at all cost as this is the only I saw it helps to reach our goal.
Yet, it was very hard to control such feelings especially during crisis and sometimes we tend to break them. But based on my experience, it won't give good results but just losses only. We have to keep patient at all cost as this is the only I saw it helps to reach our goal.
in the case of bitcoin I learned that you shouldn't use the 5-minute chart
you should always use the 4h chart for reference, when the 4h chart marks a reversal it has greater chances of the price going up or down depending on whether it is a bearish or bullish reversal
use chart of 15 minutes and 1 hour
you should always use the 4h chart for reference, when the 4h chart marks a reversal it has greater chances of the price going up or down depending on whether it is a bearish or bullish reversal
use chart of 15 minutes and 1 hour
There’s a lot of learning experience when it comes to crypto trading and seriously this is not just about making money but also building your self confidence so when you do trading, you can have more profit as much as possible. Learning should be our top priority, because we can’t trade well without it.
Learning this is just like something learning a skill on which you could really take advantage on and would help out yourself on making profits on a moving market.Even though this isn't something that simple it sounds but its attainable if you are really serious on doing this and don't rush up yourself.
This is a learning that cant really be just acquired if you aren't really that serious.
Learn if you do have passion and seriousness on it.
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..
Well right --and the last part is, they know how to gamble.There are too many things that you learn in trading, a responsible trader has an open mindset that has the capability to control it on its own and never chase profit instead, they want to gain knowledge from their experience. One of my friend told me that the best to learn more about trading is that you will actually do it on yourself, not a demo or copy trading. Because the best teacher that you made successful someday is that your experience.
There’s a lot of learning experience when it comes to crypto trading and seriously this is not just about making money but also building your self confidence so when you do trading, you can have more profit as much as possible. Learning should be our top priority, because we can’t trade well without it.
Well, trading alone is definitely a broad thing and is quite hard to learn and perform particularly for those who have not yet develop their passion in trading and yet they decide to enter crypto trading. But being a long time trader here, i realized that crypto trading is very much profitable if you can do it perfectly. Even if not perfect, but if you trade with passion, with skills and strategies, you will make decent profits most of the time.However, learning crypto trading takes time and there should be a continuous learning in crypto so that you can make a good trading outcome. And maybe if you decide to enter trading, prepare yourself for losses because that will always be inevitable.
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