Post
Topic
Board Trading Discussion
Re: Trading tips
by
crairezx20
on 14/11/2017, 08:55:14 UTC
I am a newbie to crypto field.I want to now some crypto trading tips.can you help me
I do not have anything to suggest to you and help you become rich in trading. Take control of your emotions if you want to succeed.

I agree with you, many people trading but can not control their emotions so that sometimes they suffer huge losses

controlling the emotion is the hardest thing that we can do because if we are see the price is increase, sometimes we want more from the price and hope that the price can increase again but finally the price is going to go down so we are not selling anything. i have this experience too with my trading but i think we can prevent this with using the limit price in one level price so we don't have to watching the coins is up and down and if our price level is filled, our coins is already sold. this can avoid us from greedy because expecting big profit and i think we can expecting how much profit we want and then lets the market give it to us.
Not actually that the price of bitcoin is going down in fact the price is getting increasing back again look at the price today from $5500 price and increases to $6600. bitcoin is unpredictable so expecting higher price could be possible.. if you can hold your bitcoin for a  long time you can make a good profit in the future..
Just sell few bitcoin every time you made profit and the rest sell it if the price continue.. it will be still depends in your strategy if you are long term holder you should hold it for longer time or if you short term holder sell your bitcoin in shorter time minute trader or daily trader..