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Topic: You can enjoy crypto currency (Read 370 times)

sr. member
Activity: 952
Merit: 267
Vave.com - Crypto Casino
August 17, 2020, 07:36:09 AM
#52
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.

You do not necessarily need huge capital to begin trading, I agree with you that bigger capital will give bigger profit (and also bigger loss). Best thing to do for a beginner is mastery of technical analysis and starting small. Starting with large capital entail larger risk, starting small will help a beginner trader control emotions and manage risk efficiently.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
August 17, 2020, 06:59:16 AM
#51
In fact, the crypto world opens up different opportunities for people, one of my friends became a community manager, another became interested in programming and now works in this field, someone took up trading in order not to lose cryptocurrencies.
I also know so many people who, after several years of working with cryptocurrency, decided to completely change their specialty and start working with cryptocurrency full-time.
sr. member
Activity: 1414
Merit: 271
bitonator.tangled.com/join
August 17, 2020, 05:56:32 AM
#50
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.

What is small and big capital for you?
With huge capital, you can become a millionaire overnight if you trade right - for this you also need a certain liquidity on the platform where you trade. Without liquidity, nothing happens to make millions
sr. member
Activity: 1652
Merit: 262
August 17, 2020, 05:19:35 AM
#49
the important thing is you have big capital and follow the trend. because there are so many options for crypto trading and everything is volatile. so you can follow the trend that is being bought a lot, the possibility of these coins going up is greater than the others.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
August 17, 2020, 04:52:32 AM
#48
You mentioned the great benefits of trading with a large capital, but you did not mention the big risks as well. A good trader puts the probabilities of loss before profit. It is true that with a large capital you can achieve a lot of profits but also you can lose a lot of money.
Therefore it is best to establish a good trading strategy that is careful and not hasty so as not to cause a big loss.
sr. member
Activity: 1092
Merit: 284
August 17, 2020, 04:42:26 AM
#47
Trading is enjoyable if profit is inevitable and with much money on hand there are no room for regret or whatever bad decisions upon trading. I am not expert on trades but it's a roller coaster ride in my opinion because every decisions are vital and one wrong move it would be a result to a loss. So, that's why basic fundamentals should be given priority especially controlling the emotions so that greed will be avoided.
That's what is hard to avoid. Greed will make us lose everything. I'm sure trading will be fun if we fit in certain coins especially in a market like this the bullrun will be a haven for traders to look for potential coins.
member
Activity: 546
Merit: 11
August 17, 2020, 04:37:30 AM
#46
In fact, the crypto world opens up different opportunities for people, one of my friends became a community manager, another became interested in programming and now works in this field, someone took up trading in order not to lose cryptocurrencies.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 17, 2020, 04:28:00 AM
#45
And that is the problem.
The rush to becoming a millionaire.
I'm honestly guilty about this but I realize it already after losing my money.
It is somewhat a big dream that anyone could have but wondering how it becomes difficult to achieve without experience bad things first before success.

Quote
You'll get rekt when you have that kind of goal.
Small profits can make millions over time and patience.
It doesn't matter if it is $10 now then $9 tomorrow. It's still profit and when saved could be huge amounts in the long run.
Maybe I should blame myself for being a daydreamer but I also think that it was not impossible if we work on it. Patience is what I need and I need to live that goal because I believe that crypto-investment has that potential as we know. It is just a matter of time and investment management.
legendary
Activity: 2128
Merit: 1775
August 17, 2020, 04:09:03 AM
#44
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.
how to trade like that has become an open secret, no doubt, large profit capital also accompanies it and vice versa.

The question is, have you traded with large capital, if you haven't, do it.
The bottom line: trading / investing in high-risk crypto, do it right as below.

This is why you need consistency in knowledge, patience and emotional balance.
hero member
Activity: 1260
Merit: 607
Leading Crypto Sports Betting & Casino Platform
August 17, 2020, 03:43:57 AM
#43
You don't actually start with having a capital in the Cryptocurrency Industry since you can gain money from the Industry without even having any Cash-In's. You just need to look for some campaigns that will surely give you knowledge regarding how the Cryptocurrency Industry runs. Those campaigns will give you significant amount of Alternate Coins once you completed their requirements for doing those campaigns. You can also enjoy Cryptocurrency by learning about the different platforms we can use it on.
Those who start before when campaign were too popular and all campaign mostly paying we can say that there's no need to deposit with our own money, but now it's hard to do trading with the earnings from project campaigns unless it's like the campaign in casinos that are paying weekly.  I even start with a capital before while doing campaigns too. It's full filling to see that your money is able to gain profit than stocking it in banks, even small profit matters as long as we know what to buy and when to sell it's fine to use your own money to start, that time I only buy BTC and ETH and I'm glad I did not doubt using my salary back then I was able to join the ride those days.
hero member
Activity: 3052
Merit: 651
August 17, 2020, 03:34:20 AM
#42
And that is the problem.
The rush to becoming a millionaire.

You'll get rekt when you have that kind of goal.
Small profits can make millions over time and patience.
It doesn't matter if it is $10 now then $9 tomorrow. It's still profit and when saved could be huge amounts in the long run.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
August 17, 2020, 03:06:54 AM
#41
You can only enjoy if you already won and millionaire. If you are not yet winning then you can only hope to win.

Trading is enjoyable if profit is inevitable and with much money on hand there are no room for regret or whatever bad decisions upon trading. I am not expert on trades but it's a roller coaster ride in my opinion because every decisions are vital and one wrong move it would be a result to a loss. So, that's why basic fundamentals should be given priority especially controlling the emotions so that greed will be avoided.
Actually there is always ups and downs. Trading is more than just a happy hobby. Some on the market almost cursed trading for losing fortune and some praises it like good thing I did it and join. Its really a fun activity but we must remember that doing so is lot of effort within the knowledge market could impart us. I swear Ive traded and won 1 eth, and its already a good profit for me. Just always be wary that trading is really risky.

Despite them losing a fortunem, the are still here. One of the person I know personally wwho I work with before, he is fond of investing and found out cryptocurrency since 2017. He lost a lot in Bitconnect and now she learns trading and have been earning through trading. She seem happy trading but I'm sure her husband blame her for the loss of their savings. Yet she still in crypto.  Grin
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
August 17, 2020, 03:02:34 AM
#40
You have to go to the pump and dump to get millionaires overnight, and you'll understand how dangerous this pump and dump is when all your funds are lost. So if you can trade well in the market, you can make a profit. You can enjoy it when you understand the market movement.                        
It sounds profitable but it's risky tho.

If you will join the pump and dump I guess you need also to have the right timing when you will dive and get your profit. Because you will never know when they will have a plan to sink the boat and jump into ather boat and pump and dump again. This is the group of people that only the organizer will earn big profit than the members.

Cryptocurrency earning through trading is required a heavy skills. You must know how market moves and apply your TA and execute in the right timing is a better idea. But this is a very hard task to do.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
August 17, 2020, 02:55:49 AM
#39
You can enjoy it only when you have good knowledge of trading. Because you can't go far without the knowledge of trading. The amount of your funds does not depend on the profit, the profit depends on how efficient you are trading.

You have to go to the pump and dump to get millionaires overnight, and you'll understand how dangerous this pump and dump is when all your funds are lost. So if you can trade well in the market, you can make a profit. You can enjoy it when you understand the market movement.                         
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
August 17, 2020, 02:48:57 AM
#38
You don't actually start with having a capital in the Cryptocurrency Industry since you can gain money from the Industry without even having any Cash-In's. You just need to look for some campaigns that will surely give you knowledge regarding how the Cryptocurrency Industry runs. Those campaigns will give you significant amount of Alternate Coins once you completed their requirements for doing those campaigns. You can also enjoy Cryptocurrency by learning about the different platforms we can use it on.
hero member
Activity: 1372
Merit: 503
August 17, 2020, 02:44:01 AM
#37
Trading is enjoyable if profit is inevitable and with much money on hand there are no room for regret or whatever bad decisions upon trading. I am not expert on trades but it's a roller coaster ride in my opinion because every decisions are vital and one wrong move it would be a result to a loss. So, that's why basic fundamentals should be given priority especially controlling the emotions so that greed will be avoided.
Actually there is always ups and downs. Trading is more than just a happy hobby. Some on the market almost cursed trading for losing fortune and some praises it like good thing I did it and join. Its really a fun activity but we must remember that doing so is lot of effort within the knowledge market could impart us. I swear Ive traded and won 1 eth, and its already a good profit for me. Just always be wary that trading is really risky.
member
Activity: 2044
Merit: 16
August 17, 2020, 01:32:03 AM
#36
Trading is enjoyable if profit is inevitable and with much money on hand there are no room for regret or whatever bad decisions upon trading. I am not expert on trades but it's a roller coaster ride in my opinion because every decisions are vital and one wrong move it would be a result to a loss. So, that's why basic fundamentals should be given priority especially controlling the emotions so that greed will be avoided.
full member
Activity: 686
Merit: 125
August 17, 2020, 01:00:38 AM
#35
Whales are doing it and they know already the worst case scenario that will going to happen with them if market will be crashing. It will be having a hard time for them to recover too and that if will only market going to recover. This is why in trading crypto it is wise to be a short term or long term holder than trading. I have seen a trader here wanted to earn in trading and the result is negative which means that he may having losses than profit.

Short term hold and long term hold is good especially if one knows when to buy and when to sell depending on their preferred or the target earnings to make.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
August 17, 2020, 12:55:45 AM
#34
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.
That's true! Not only risk management but also proper knowledge about this cryptocurrency market. I think the most important thing people need to have if they want to be successful in this market is that they need to learn fundamental and proper knowledge, skills, techniques to use in this market. Without having any of those, they can't be successful even they have a lot of money to invest. Risks exist!
full member
Activity: 504
Merit: 100
Option Blitz
August 17, 2020, 12:38:33 AM
#33
that is the profit side that we can see if we have a lot of funds to trade. Of course, by having a lot of funds, the benefits we can get will be even greater, and make it easier for us to become millionaires. it's just that, what we need to know in the world of trading is, the benefits we can get are proportional to the risks we can accept. the more funds you use, the greater the risk you lose. well, it's a comparable result. these are the basics of trading.
It's true! If we have a lot of money to invest then I think it'll be easier. The rich gets richer! The fact is that not a lot of people invest too much money in this cryptocurrency market, therefore, the case is not realistic. Furthermore, the more money we use to invest, the more risks that we have to accept. I don't think any people with no knowledge and a lot of money can accept the risk that they will lose their money for something they don't fully understand!
hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
August 17, 2020, 12:37:32 AM
#32
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.
sr. member
Activity: 1330
Merit: 326
August 17, 2020, 12:33:53 AM
#31

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.
copper member
Activity: 238
Merit: 0
MYID
August 16, 2020, 11:27:10 PM
#30
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.
full member
Activity: 532
Merit: 114
August 16, 2020, 11:16:29 PM
#29
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.
sr. member
Activity: 1596
Merit: 335
August 16, 2020, 09:33:44 PM
#28
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.
hero member
Activity: 3010
Merit: 629
August 16, 2020, 08:56:42 PM
#27
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.
sr. member
Activity: 882
Merit: 251
August 16, 2020, 06:55:24 PM
#26
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.
member
Activity: 1302
Merit: 25
August 16, 2020, 06:47:45 PM
#25

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.
hero member
Activity: 1722
Merit: 895
August 16, 2020, 06:37:12 PM
#24
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.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
August 16, 2020, 06:29:58 PM
#23
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.
jr. member
Activity: 344
Merit: 1
August 16, 2020, 06:15:07 PM
#22
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.
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.
legendary
Activity: 2338
Merit: 1354
August 16, 2020, 05:31:10 PM
#21
(....)
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.
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.
hero member
Activity: 1344
Merit: 540
August 16, 2020, 05:25:45 PM
#20
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.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 16, 2020, 04:57:22 PM
#19
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.
full member
Activity: 616
Merit: 100
August 16, 2020, 04:53:26 PM
#18
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
sr. member
Activity: 588
Merit: 255
August 16, 2020, 04:37:50 PM
#17
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.
hero member
Activity: 2534
Merit: 586
August 16, 2020, 04:14:18 PM
#16
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.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
August 16, 2020, 03:15:26 PM
#15
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.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
August 16, 2020, 02:44:40 PM
#14
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.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
August 16, 2020, 12:52:08 PM
#13
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
jr. member
Activity: 573
Merit: 1
August 16, 2020, 12:40:40 PM
#12
 You are right the more capital a trader has the more profit he is likely to make but aside from the capital , a good trader must be sure he  is mentally and emotionally balanced . Take profit when they need to and should not   fall in-love with a  project and forget to take profit .
jr. member
Activity: 93
Merit: 1
August 16, 2020, 12:07:53 PM
#11
Aside from having enough cash, first thing is to equip yourself with the necessary knowledge because crypto trading requires all the knowledge needed to be able to trade properly because it is very to lose all of your money if you don't have the right knowledge about trading.
sr. member
Activity: 924
Merit: 275
August 16, 2020, 09:02:59 AM
#10
In terms about starting capital, you do not need to start big in order to win big. You can even start small and if you are skilled enough then you can make huge profit through compounding. It is better to start small first than to regret it later, the ideal capital is always small but if we have a lot of experiences then we can start with big capital. Through proper knowledge and right education, you can increase your capital but still expect that you will experience losses in your trading career and it is the reason why you should have proper risk management to lessen the losses that you may incur.

A good trader starts with discipline and you should all remember that, you can call yourself a good trader if you have proper plan. A proper plan consists of entry points, target profit and stoploss levels. You should also determine what kind of trader are you and you should able to identify the trends.
sr. member
Activity: 1722
Merit: 269
August 16, 2020, 08:52:21 AM
#9
I would never use more of my FIAT for trading than i can afford to lose without having an impact on my daily life, especially trading cryptos.
It's quite often that a coin does + or - 10% or more during a single day. If you invest money that you are dependent on in cryptos than you will surely die of an heartattack very soon.  Cheesy
On the other hand with high risk there always comes high potential reward.
jr. member
Activity: 119
Merit: 6
August 16, 2020, 08:43:34 AM
#8
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.

We all have an issue with capital, no investment or business will run without a capital I think our skills should be focus on getting a capital and gaining confidence on how to run a business with a small capital.
member
Activity: 795
Merit: 10
August 16, 2020, 08:29:07 AM
#7
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.

Yes you're correct.  Investing with huge capital brings in much more profit than little capital, though it could also be in another negative side.  Recently I planned investing in ETH with just $200, I now sat down and think that even if one ETH is sold for $500, that time it was close to $300/ETH then, the profit on my investment will be negligible, compare to someone that invest like $50,000
sr. member
Activity: 1274
Merit: 278
August 16, 2020, 08:17:46 AM
#6
What makes it enjoyable is the knowledge one is getting while trading. There is this thing called "right time" to trade and this thing is not constant. One should know when he thinks is a good time. Same thing with choosing the right coin. The best thing is that there's no right textbook to determine which is which. It will all depende to one's decision making skills. There will be times of loss but you will still earn something which is realization. Then things will pile up as your experience. You would eventually notice the changes on your "picks" and that is the best thing in my opinion.
hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
August 16, 2020, 08:14:48 AM
#5
that only applies to those who are thirsty for crypto enjoyment for a moment, but not for the long term. in the crypto space we only choose one asset that over time becomes a million dollars. to get millions of dollars overnight without going through the difficulties is only for a few people who have high odds.  Cool
sr. member
Activity: 2422
Merit: 357
August 16, 2020, 07:54:35 AM
#4
You can only enjoy cryptocurrency if you have the right knowledge and mindset, but if you just focus on easy money then crypto is not for you. This market is indeed fun once you already experience a lot of pumps and dumps.

Its actually challenging to reach your target profit because of the volatility, just take it easy and always open yourself to learn new things. If there’s a FUN side, there’s also a SAD side so don’t set your expectation high in cryptocurrency.
newbie
Activity: 30
Merit: 0
August 16, 2020, 07:49:25 AM
#3
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.
Very informative idea that can help those who are just new with the crypto world and the system running in this industry. For those who are new in here, kindly take note of the following traits that you need to possess that said above such as consistency in knowledge, patience, emotional balance and additional to that is being risk taker and being cautious in every situation you are facing.
jr. member
Activity: 56
Merit: 1
August 16, 2020, 07:44:31 AM
#2
Apart from the above, there are also some important things that traders need to know, namely fund management and emotional management. Good fund management will minimize losses from trading.
jr. member
Activity: 81
Merit: 6
August 16, 2020, 07:42:52 AM
#1
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.
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