Topic: What did you learn about crypto trading? - page 5. (Read 2335 times)
You must spend a lot of time learning crypto trading.There are many people who trade with no experience in cryptocurrency. They make a lot of losses at once. I would say that if you want to trade, you must have enough knowledge about trading.Because trading is not a simple matter, you can make a big loss due to your little mistake.And never be too greedy on trading platforms. Profit similar to your expectation will actually complete your order.If you are too greedy, you can lose a lot at any one time.
trading is not a quick way to make money, if we think like that of course it is the same as gambling, where we want to get a lot of money quickly but risk the risk without careful calculations. therefore the right mindset must be instilled at the beginning of our learning to trade. and after practice of course we will realize how many obstacles or difficulties that must be faced. as we fly, we trade, we will understand by ourselves and this requires a long process
From my few years if trading cryptocurrency, I've learnt to avoid trading futures and stick mainly to spot trading.
I've learnt that it is not every coin that one should trade and also to avoid putting too much trading capital into any particular coin. Before trading any new crypto, research should be done to avoid falling into rugpull.
Also do not trade on just any exchange.
I've learnt that it is not every coin that one should trade and also to avoid putting too much trading capital into any particular coin. Before trading any new crypto, research should be done to avoid falling into rugpull.
Also do not trade on just any exchange.
You have to make a strategy to get the profit you might get. if you just make something without calculation it might result in bad things later. you can result in losses you don't want. But it can be one of the good lessons for you later. You must feel like a failure to try to be better in the future.
Some lessons i have learntfrom trading are:
There are many good things that must be considered and learned in trading in crypto,- always take profits out, as a satoshi a day makes a difference
- Dont over trade,winners know when to leave
- Patience is golden
- Don't trade all coins, find coins that you can master their movements
- perfect one strategy to use for your trading and stick to the plan
- Dont trade with emotions
we know for ourselves that crypto trading is very complex and that is why it is not an easy thing to trade in crypto,
continue to improve knowledge, skills and manage emotions clearly important
From my few years if trading cryptocurrency, I've learnt to avoid trading futures and stick mainly to spot trading.
I've learnt that it is not every coin that one should trade and also to avoid putting too much trading capital into any particular coin. Before trading any new crypto, research should be done to avoid falling into rugpull.
Also do not trade on just any exchange.
I've learnt that it is not every coin that one should trade and also to avoid putting too much trading capital into any particular coin. Before trading any new crypto, research should be done to avoid falling into rugpull.
Also do not trade on just any exchange.
Some lessons i have learntfrom trading are:
- always take profits out, as a satoshi a day makes a difference
- Dont over trade,winners know when to leave
- Patience is golden
- Don't trade all coins, find coins that you can master their movements
- perfect one strategy to use for your trading and stick to the plan
- Dont trade with emotions
Trading is not just to earn but also to learn. If you have learned about markets and traded them for over two years, I believe you have a lot of experience and you have learned a lot about it. Trading can be a deceiving profession because you can earn a lot through this and it could change your living but don't forget the fact that if you do not spend the time to learn, you’ll just waste a lot of time and money.
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.
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.
indeed to be able to trade crypto is not easy, and to be able to achieve big profits, of course it takes experience and sufficient flight hours to trade, many people who are new to crypto trading want big profits, that's why a lot of new traders suffer huge losses, because they are greedy to get big profits, without them realizing that the crypto market moving up and down will not always be what they want. 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.
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.
I have learned two best things from crypto.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2: Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily manipulate the market using a lot less funds.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2: Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily manipulate the market using a lot less funds.
Actually the news thing is true, cryptocurrency is also affected by news especially when Bitcoin is the one that's on the news (a bad news), then altcoins is also affected. About the limit order, it is true, that's why before making a trade, always check your technical analysis to be aware of possible fake outs to avoid loss of profits, because that's what always got me when I was just starting trading last year.
I have learned two best things from crypto.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2: Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily manipulate the market using a lot less funds.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2: Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily manipulate the market using a lot less funds.
Most of my movement from based on the news if I'm trading altcoins for short term, I did it on mostly altcoins because they easily increase and decrease in price rather than top coins. But keep in mind that what I do is really high risk so whenever I trade short term for altcoins usually I used my cold money to trade to prevent any stress incoming due to loss.
I think the best strategy that works in trading crypto currencies is to first choose the project that is fundamentally strong, its price has good history of volatility and project is progressing.The next important thing is your skills to read/understand technical charts of various Indicators and identify buy and sell signals and get them confirmed by another indicator. Third important thing is good knowledge of Money/Risk management which is also important to save your account from total loss.
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The lesson which I learned from my few trading transactions are that I am not suitable guy for this. I switched myself from trading to HODLing very early and that helped me in minimizing my crypto loss.
The lesson which I learned from my few trading transactions are that I am not suitable guy for this. I switched myself from trading to HODLing very early and that helped me in minimizing my crypto loss.
What I mean by old-fashioned is that I think nanotech acting and long-term holdings are something they hold, but investors here still need to be patient. Some of the basic basics need to be weighed down, but just like that, I also prefer a more appropriate and holding technique than trading.
I have learned two best things from crypto.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2: Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily manipulate the market using a lot less funds.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2: Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily manipulate the market using a lot less funds.
Most of my movement from based on the news if I'm trading altcoins for short term, I did it on mostly altcoins because they easily increase and decrease in price rather than top coins. But keep in mind that what I do is really high risk so whenever I trade short term for altcoins usually I used my cold money to trade to prevent any stress incoming due to loss.
Me, well never trade in greed and never make it your primary income unless and until you are full time into the crypto trading and have completely focused on developing your skills all the time. You can’t just buy coins and wait for them to grow. You have to be proactive when you have created your portfolio. You have to take multiple chances of selling and buying same coins so that you can incubate and grow them. This is all I am learning about the crypto trading specifically. I’m pretty sure with the time I will be able to trade way professionally but not able to control emotions as of now.
I have learned two best things from crypto.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2: Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily manipulate the market using a lot less funds.
1: Never create a sell limit order where a flick could exercise it. (Lost heavily).
2: Never make a move based on the news. (Heavy loss). Too few big whales left in exchanges that can easily manipulate the market using a lot less funds.
I was involved in the world of crypto trading, I didn't study the market, what I learned was trading knowledge, I've experienced failure before succeeding to learn the meaning of trading itself.
The bottom line: with the knowledge that I have slowly I have results and believe in how to do it, indeed sometimes we think trading is making a lot of money, in fact if we are not based on knowledge, everything is messy, the point is learning is very important.
The bottom line: with the knowledge that I have slowly I have results and believe in how to do it, indeed sometimes we think trading is making a lot of money, in fact if we are not based on knowledge, everything is messy, the point is learning is very important.
Cryptocurrency is basically involved in trading. What I have learned from this is that there will be some kind of problem because you have no problem or experience but you will not get acquainted with the thing and you will gradually see that one day you will be a successful trader. Use the amount of money and its value is uncertain, so never buy a token when the market price goes up and keep it when it goes down.
No one can skip losing.
Just as you've said, the experienced traders can't avoid losing but they can minimize it based on what they've learned over the years of trading.
That's the advantage that they have and minimizing the potential loss. There's no one that can have a 0% of loss because in reality, we all are going to loss no matter how good you are in trading.
Yes, it is true, no one has loss as much as 0%. Pro traders who have years of experience have also experienced losses, but they have been able to control money management in their trading.Just as you've said, the experienced traders can't avoid losing but they can minimize it based on what they've learned over the years of trading.
That's the advantage that they have and minimizing the potential loss. There's no one that can have a 0% of loss because in reality, we all are going to loss no matter how good you are in trading.
They can do anything based on their capability to avoid getting huge loss. The matter to them is that they have to do whatever they can to minimize the losses.
Inexperienced ones, can't accept that they've already lost so they try to recover it as much as they can. That's the difference of them between, inexperienced and experienced.
If you edit here they take many steps for it. Many people make mistakes and many things can be learned from these small mistakes. I have also learned a lot from training The main purpose of trading is to buy you at a lower price and sell at a higher price
And it's not just simply buying if you learn to read and apply analysis like the MACD, RSI, and other strategies that traders do. Well, buying low and selling high is really what trading is all about. But knowing when to buy is where those strategies are being applied. And that's how you make it when trading, looking simple but when you're already the one trading, you'll find several mistakes on your own and you have to learn from those.
Yes, that's how trading is and that's why trading is really complex and not as easy as some people think,
to be successful in trading we need to continue to learn many things and all of that takes a process,
so don't be lulled by someone's words that are not basic
sometimes beginners don't want to do a process and want instant trading for profit. Even though if it is not balanced with a lot of experience in trading, of course you will not know the problems and solutions that can be done.to be successful in trading we need to continue to learn many things and all of that takes a process,
so don't be lulled by someone's words that are not basic
success in trading is not only about profit, but how to trade according to the rules to get a profit and be able to minimize losses that will inevitably occur.
for newbies they have to understand what trading is and not only that they also need to improve their knowledge, skills and other things related to trading,
so nothing is easy it takes effort and hard work
Trading is to earn money for that we need to have lot of knowledge which will come along with the experience. We can't say a fixed time frame for everyone because some can learn it quickly and some others maybe lot slower but keep continuing will end in a good result, one thing everyone should remember is " Learn from your mistakes".
If you edit here they take many steps for it. Many people make mistakes and many things can be learned from these small mistakes. I have also learned a lot from training The main purpose of trading is to buy you at a lower price and sell at a higher price 
We learnt how to be patient whenever the crypto market price is not stable at a moment which it has been helping us since we joined crypto trading in the community. Whenever I see the price of coins decreasing gradually in the market, it show that the crypto price will soon move higher for those that invested on short time and long time to start earning from their investment. Since I learned how to wait for crypto price to improve in the market before I can sell to make a good profit over two years, it has been difficult for me to experience any losses from my investments.
We learned how to avoid fake project by carry out our personal research to know the potential project that will help us to earn well in the future.
We learned how to avoid fake project by carry out our personal research to know the potential project that will help us to earn well in the future.
Actually there are many things that we can learn from crypto trading, as long as in the crypto world I can control my emotions better. Because like you
said only patient people can profit from crypto trading, we learn to be patient when the market falls not to panic. Because if we understand how
the crypto industry works, we will understand that volatile crypto prices can generate profits for us if we can take advantage of them. This means that
we must be able to understand crypto price movements, so we can buy and sell at the right time. It is not easy to make a profit from crypto trading,
we will usually experience a loss first. And that's a very natural thing, the most important thing is that we can learn from the losses we experience
and not repeat the same mistakes in the future. The longer we do crypto trading, our research and analysis skills should also increase, this allows us
to avoid project scams.
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