Topic: You can enjoy crypto currency - page 2. (Read 312 times)
With a lot of funds, can we dominate the market price? In the world of trading, risk management is the key. having a lot of funds or small funds we will not be able to become millionaires in one night without risk management.
Being a millionare over night with huge capital in trading? With 100x leverage if you trade the whole bitcoin you can actually make it if's:
-you are very sure about your entry
-no sideways
-no whales
-exit in good entry point
Then, you can have a good profits with huge fund of course. But with big leverage, the liquidation point is also near.
But, even those with small capital can make a millions, too. With good strategy, good way of technical analysis. The market is more complicated, more tricky and volatile. Being a good trader needs a lot of experience, does not depends on how much funds only.
The cryptocurrency space is not a investment for your enjoyment. This is the asset where you have to ake more than enough risk than any other market say; Gold and silver. But you have to invest very wisely as per your your requirement and the funds you have in your hand. Again, you will get a edge if you have huge capital. By this you can trade sufficiently and within a week you may be a millionaire.
Cryptosphere is both challenging, exhilarating, like a roller coaster ride, amidst volatility and extreme highs and lows. One needs to educate themselves, and apart from the market, take care of their own mindsets too, because trading can take a very dear personal toll.
High risk, high reward. We all know that trading is risky that even experts experience losses. The market is difficult to speculate and has high volatility. It also requires knowledge, experience, and good technical analysis skills to lessen the risk. It's true that if you have a high capital the potential earning you can have is higher, but the same goes for the losses. Just trade what you can afford to lose, being greedy and emotional will make you do unnecessary decisions.
Well you cant really get rich in trading if you use a small capital but you can learn many things through your experience and in the process. Its better to take the path of slowly but surely rather than risk your money just because of your intention of earning huge in a short period.
Nevertheless it all depends on our strategy, if you already gain knowledge and aware of what to expect in trading then you can do what you think is a best plan to gain huge. If you're ready for the risk and outcome of your actions then the decision is yours.
Nevertheless it all depends on our strategy, if you already gain knowledge and aware of what to expect in trading then you can do what you think is a best plan to gain huge. If you're ready for the risk and outcome of your actions then the decision is yours.
Small capital is better, but if the estimated capital is below $50 in my opinion, it is not very good if it is used for short trades and the late results may be a little wasted unless you can ensure that the coins purchased are able to go up to 50%-100% in a short time I think it's worth it, it's just that getting coins like that is very difficult.
it is very difficult to know what coins have fast price movements but I am sure there are some altcoins that can provide a 50% profit some time ago there were some coins that could get that much profit, so keep an eye on the exchange and as much as possible to get into it. coin that has real potential. This is why you need consistency in knowledge, patience and emotional balance.
Your submission is good to be a good trader but the idea in your post isn't totally accepted for me to be a good trader. If as you said to trade with huge investors, also remember that no prediction or analysis is perfect and that means it can also fail. So to avoid huge losses, is better to trade small to accumulate profit.
Small capital is better, but if the estimated capital is below $50 in my opinion, it is not very good if it is used for short trades and the late results may be a little wasted unless you can ensure that the coins purchased are able to go up to 50%-100% in a short time I think it's worth it, it's just that getting coins like that is very difficult.
To enjoy crypto currency trading, you need to have a good inflow of cash.
I am not a good or professional trader. But what I always do is that whenever going for trading, never use the money that is used for your necessity. Always use the free money in which that is really available for trading. For, we will never know what we will gain in trading, profit, or loss. Thatis why we must take the safest way. If we are a newbie, we can start by learning from the DEMO application if any. We can also start from a small amount for learning to trade. In this case, never think about the double profits at first. just know your own system in order to manage your strategy and also ways for trading, choosing the right coin for your own trading, and also your thoughts of risk-taking and fund management.
later, the funds will be following if you are really ready for trading bit physically and also by funds availability.
To enjoy crypto currency trading, you need to have a good inflow of cash. Because as a trader, the fastest route to profit is trading with huge capitals.
Advantage of small capital: With small capital, you get to practice alot, you get to learn and not feel at loss, but you cannot be a million over night.
Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.
This is why you need consistency in knowledge, patience and emotional balance.
The disadvantage of having a big capital, if the market swings.Advantage of small capital: With small capital, you get to practice alot, you get to learn and not feel at loss, but you cannot be a million over night.
Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.
This is why you need consistency in knowledge, patience and emotional balance.
You'll be the first to see how big your losses are.
But it's normal, a huge gain, a huge loss, having big risk, big rewards. Once you have been part of the swings, you'll enjoy the trip, highs and lows.
This is what goes around comes around. It is either you gain or lose and it's either you lose big or you gain big. So, whoever is ready to or want to deal with something big should always believe for any directional move.
(....)
Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.
I also don't agree on this part. Even how big or small your capital is, it will still depends on how you will trade, like the risk management or the risk:reward ratio.Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.
Even your capital is small, your profits will be few so your loss will be only few. So if your capital is big, huge loss comes with huge profits also.
That's why even your capital is small, if you are a well and good trader, you can make that capital to generate a profits.
To enjoy crypto currency trading, you need to have a good inflow of cash. Because as a trader, the fastest route to profit is trading with huge capitals.
Those with really huge capital are mostly called whales are they can move and affect the market.Advantage of small capital: With small capital, you get to practice alot, you get to learn and not feel at loss, but you cannot be a million over night.
Average joe traders, you can't play the market because of your limited funds but as you go along, you learn a lot that will give you the needed confidence to target bigger profits in the future. You just need to have that winning mentality. 
Consistency and knowledge are important in trading. Capital is important, but without the ability to analyze the market and a good mentality we will not benefit. unless luck is on our side.
crypto trading is bit complex particularly these new alts. so if you are into trading, you should understand whats going on with these alts, background, development updates, socmed updates and others. because if you will be attentive with those, you will get a hint of whats to come. so aside from your TA knowledge and experience, familiarity with the coin will help you in the trading aspect.
though capital is important, but if you are just a starter, it is better to use small amount. so in case you lost it, not heavy for your pocket.
To enjoy crypto currency trading, you need to have a good inflow of cash. Because as a trader, the fastest route to profit is trading with huge capitals.
Advantage of small capital: With small capital, you get to practice alot, you get to learn and not feel at loss, but you cannot be a million over night.
Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.
This is why you need consistency in knowledge, patience and emotional balance.
sometimes emotional and not relaxed in trading causes many failures. and keep in mind that not always big capital always has big profits because seeing the very high risk of trading if you use large capital, you must be careful in trading Advantage of small capital: With small capital, you get to practice alot, you get to learn and not feel at loss, but you cannot be a million over night.
Advantage of big capital. With huge capital, you can become a millionaire overnight if you trade right, with well skilled knowledge, but also you can become very rekt too.
This is why you need consistency in knowledge, patience and emotional balance.
Consistency and knowledge are important in trading. Capital is important, but without the ability to analyze the market and a good mentality we will not benefit. unless luck is on our side.
I believe the inflow of cash is a good idea but you do not need a huge capital. Even if you put up 20-50 bucks per month that is a good enough money that I believe in the long run you will make a good amount of money for your future.
Obviously you will not make too much from it, there is a whole lot of things missing to make you profit enough to make you stop working and so forth, first of all time, however if you are patient enough and do this for like 20-30 years you could actually make a huge amount of profit from it by the end with just 20-30 dollars per month, maybe increase it each year though because there is inflation, 20 bucks would be prize of a gum in 30 years probably with the way worlds economy is going. So, inflow of cash constantly is a great idea.
Obviously you will not make too much from it, there is a whole lot of things missing to make you profit enough to make you stop working and so forth, first of all time, however if you are patient enough and do this for like 20-30 years you could actually make a huge amount of profit from it by the end with just 20-30 dollars per month, maybe increase it each year though because there is inflation, 20 bucks would be prize of a gum in 30 years probably with the way worlds economy is going. So, inflow of cash constantly is a great idea.
I don't agree with you. Because In 2017 I started crypto trading with a low amount of money. Though I knew and bought Bitcoin in2016 but started trading in 2017. My capital was less than 500$ and after a few months, I earned a lot of money. More than 3k$ profit in 5months.My only focus was at my work not on my capital. My recommendation is if anyone wants to be a successful trader he/she must focus on their work, their activity, their emotion not on the capital. If he/she focus on capital and compare with profit then they will be frustrated and they have a big chance to take a wrong step and loss hope, money. so focus on your work, not in capital & don't think that you will be a millionaire overnight.
I do not agree with most things being said. To enjoy crypto trading you first and foremost need good trading experience because without it, mistakes will abound which of course will lead to more losses. Also, to enjoy crypto trading, one needs not huge funds but the amount he can afford knowing fully well that there are risks, hence with that in mind he will be guided appropriately on the amount of funds to use and be at peace during trading.
If you are a new trader do not jump into the market with big money because you are bound to make mistakes, the most important thing when trading is to minimize loss and maximize your gain. No matter the amount you start with with discipline you will grow it and make your money, but one step at a time
Jump to: