Quote from: SunJAB on January 26, 2018, 02:57:32 PM

Quote from: therulemaster on January 24, 2018, 01:36:10 PM

Quote from: Qartersa on January 24, 2018, 01:03:19 PM

Quote from: empefaif on January 24, 2018, 12:15:05 PM

Quote from: crypt0heaven on January 24, 2018, 08:36:28 AM

Quote from: A.Delaney on January 15, 2018, 06:35:17 PM

This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait. Sad

I never go all in when trading. Some of my biggest trades are 5% of my portfolio position size. Going all in is emotionally straining.

Wow 5% , i doubt about how much you spend on trade? Because 5% of 100k$ is just 5k$ and the profit of 5k$ would be not much . So i guess you work on trading as a part-time work for extra income right ?

Well I guess not necessarily. The amounts you have supplied yourself might be misleading to what he actually meant. But I agree with his strategy to never go all in because you can never be too certain about what is going to happen.

I have a friend who tried trading and he won around 10 Bitcoins just because of a single try. Eventually, though, he got greedy. He did not cash out even when Bitcoin's price is already amounting to $19,750. Look where his greed took him -- of course, he is down to 3 Bitcoins because he lost in trading. What is more is that the price of Bitcoin has declined around the last week of 2017 up until present. Currently he is holding, just like someone in this thread. The lesson to learn here is to never put all your eggs in one basket.

Can i ask how much your friend spend on trading ? 10 Bitcoins profits isn't a small number and in trading , the first rule is spending many to earn a little ( of course there are exceptions but it's very rarely). Greedy is the worst thing you can get in trading and gambling , remove it to protect your income would be lovely if that coin goes down.

In order to apply tradecoin effectively, you need to have a lot of experience, in which reading comprehension of fluctuating charts to understand the stopping point of the price plus the ability to judge and assert plus luck then you can completely succeed with the trade. Nowadays, most of the coin is affected by bitcoin so it is necessary to monitor the fluctuation of bitcoin for the best possible commercial direction.

besides having experience in trading you also must have the right strategy and good in bertrading if you use wrong strategy you will experience loss. for example when the market is BULL or BEAR surely you have a different strategy in trading. and do not include everything because it will be very risky for your economic condition.