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Topic: What is your experience in trading? - page 58. (Read 9155 times)

newbie
Activity: 238
Merit: 0
February 02, 2018, 01:46:40 AM
perhaps the most important experience is that this is absolutely not forex and here the rules do not work like with ordinary money and securities. there are no any regulators here.

Yes, you are right but there is big volatility in this crypto industry but at the same time we can expect some huge returns on the investment when the price of any coin increases. When compared to other technologies this technology is completely different one.
full member
Activity: 350
Merit: 102
February 02, 2018, 12:59:06 AM
you can not only read better probably watch video reviews, they are also not badly trained, and so do people share their stories from life and how they did something wrong and what could be done differently, of course, in video reviews not at all questions can be answered, so you need to read different posts on this site they can give a lot of useful information, just study the market well, you should not buy coins if you are not sure if this coin will really go up or fall and then you will simply lose your money.   
full member
Activity: 672
Merit: 144
February 01, 2018, 05:00:32 PM
perhaps the most important experience is that this is absolutely not forex and here the rules do not work like with ordinary money and securities. there are no any regulators here.
I generally consider Forex a complete scam or fraud. The fact that I and my friends also tried to participate and trade on Forex, but it turned out quite the opposite. We lost, and with our help we earned absolutely different people. Therefore, I believe that the baiting of crypto currency is a completely different activity.
newbie
Activity: 295
Merit: 0
February 01, 2018, 11:45:07 AM
perhaps the most important experience is that this is absolutely not forex and here the rules do not work like with ordinary money and securities. there are no any regulators here.
full member
Activity: 602
Merit: 100
February 01, 2018, 08:09:56 AM
my experience of trading has shown that long-term investment strongly benefits from short transactions.
member
Activity: 197
Merit: 10
February 01, 2018, 05:09:23 AM
I get a lot of knowlage after this tread
sr. member
Activity: 840
Merit: 252
February 01, 2018, 04:29:28 AM
Hi guys,
I have read a lot about trading. I think knowledge is endless, so I need to hear more from you.
 Thank

Knowledge is endless unless you apply the best you acquire. If you want to join the bandwagon in trading cryptocurrency be sure you are armed with knowledge, my first experience in trading is always loss. I am always losing but I am learning. I am losing not so much because what I gamble is just small amount of investment to try and learning is not enough on just reading. Apply and analyse plus sometimes emotion is applicable.
member
Activity: 98
Merit: 10
February 01, 2018, 03:53:22 AM
I would say that a good one to invest is @Viberate . Currently at 0.00033 ETH per VIB what is the value of ICO. Some good updates and changes are announced from them but so far they don't want to give some spoils on it. Highest value I noticed was 0.00066 ETH per VIB
member
Activity: 420
Merit: 12
The Pure Proof-of-Tansaction [POT]
February 01, 2018, 01:46:52 AM
The main and perhaps the main experience is not to believe the various "professionals" who give advice on trade! for a month I have already seen so many advisers who say: "this is the moment when it's time to buy crypto money, now they will fly to the moon", but the price goes to hell! better to rely on yourself!
member
Activity: 994
Merit: 11
Daxetoken.net
February 01, 2018, 01:22:07 AM
    Trading is not easy,you need to put your time to practice and learn more. It is difficult because i need to check the price movement of coins i trade from time to time. And untill now i do trading because it is profitable and i enjoy doing this. But still i am in learning process even i do trading everyday.
copper member
Activity: 70
Merit: 1
February 01, 2018, 12:55:23 AM
Most of my trading experience was in forex before moving to crypto. My advice to take away is to look for non zero-sum trading markets. By that I mean markets where there is money generation outside of competing with other traders. Forex is limited in this regard since high frequency trading and financial institutions are able to capitalize on arbitrage too quickly for retail investors to compete. Crypto however is a different story since the market cap is growing steadily, meaning your coins are likely to go up in value provided your investments are reasonable.

That's the reason I switched over to crypto from forex. Always pay attention to the overall market cap of the market you wish to trade. And by that I mean global market cap and not any specific stock/coin.
newbie
Activity: 30
Merit: 0
January 31, 2018, 08:17:11 PM
I support you about that the knowledge is endless, i have friends here for 6 months, who are 12 hours a day and still have a lot to learn, everything changes so quickly, it is unpredictable and exciting. My experience is 1 month from now, and i feel like a newbie... I know few things and hope to learn more, I guess the right way is through Youtube, Bitcointalk.org and few other websites for crypto.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
January 31, 2018, 05:25:23 PM
I can not imagine the life of a trader, you should not move away from the monitor 24 hours a day, watch news and other methods of analyzing the crypto market.
Life of a trader is very complicated, it will depend on day to day trading and even you are far aware from your monitor you need to have apps installed on your phone so that you will be making enough money while away. Every second counts when you are trader and you need not to waste time and chance if there's a time of buying or selling. My experience as a trader, its hard to be a day trader so what I do is buy and sell, its more convenient.
newbie
Activity: 182
Merit: 0
January 31, 2018, 05:19:13 PM
I had a sad experience of playing a trader, selling all promising altcoyins to zero. Now only HODL.
full member
Activity: 560
Merit: 101
January 31, 2018, 03:31:12 PM
Always when you are decide to trade choose what you are need short or long investion,  than you need to learn the volatility of the coin, than you need to find exchanges when it tradeble, very important the coin is tradeble on famous exchanges, also ofcourse read news and announces from team of project
I agree with you that this is important, it is even more important to properly prepare for the sale, otherwise you will not be able to catch the pump!)
member
Activity: 700
Merit: 12
January 31, 2018, 01:32:46 PM
Always when you are decide to trade choose what you are need short or long investion,  than you need to learn the volatility of the coin, than you need to find exchanges when it tradeble, very important the coin is tradeble on famous exchanges, also ofcourse read news and announces from team of project
member
Activity: 322
Merit: 12
January 31, 2018, 01:19:54 PM
I have a negative experience of trading on a crypto exchange. I once had a small capital looking to gain profit from trading. But it turned out to be a failure. A lot of information needs to be studied, I do not like it.

It's ok you don't have to be negative. Just think of this what you loss here in crypto world are just like tuition fee that you were learning from your mistake and in the future you will not do it again. That's why need you have a plan always before start trading so you can know when is your precise entry and exit so you can minimize your losses. Ofcourse you have need to learn the basics of trading such like tecnical analysis and funamental analysis. Goodluck I hope you can make it back your losses.
member
Activity: 406
Merit: 21
January 30, 2018, 08:32:02 AM
I can not imagine the life of a trader, you should not move away from the monitor 24 hours a day, watch news and other methods of analyzing the crypto market.
full member
Activity: 294
Merit: 103
January 30, 2018, 04:34:03 AM
Well my first trade was lbc that i bought and sold for 5% profit thinking that i am wolf from wall street and that this is easy and anyone can do it.Months latter i lost 2/3 of my portfolio untill i didnt stoped and walked away for few months and only looking at market and studying its behavior.Now i trade for a living but only 2-3 coins max and only those that i can trade to $ pair
newbie
Activity: 16
Merit: 0
January 30, 2018, 02:58:42 AM
I've a good experience in forex market, but here I'm a complete beginner.
And I just wonder how much of my experience can be useful in crypto.
I?ll keep reading, for now.
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