Post
Topic
Board Trading Discussion
Re: is 10% a week posible
by
Barbut
on 14/10/2018, 17:56:56 UTC
I think it is achievable but ot will be very difficult in current market condition.Now it is bear market you have to be very cautious before investing in any coin.I would suggest you to invest in solid project which have a long term value.Never buy coin that are low in volume because it is very risky.
Pointed out. Gaining a 10% in a week for all trades is possible but difficult to achieve with our current market now. We are on a bear market right now where the prices are quite lower than it got highest this year, it is very risky to invest in a coin with a huge amount of money. I would suggest to not to be afraid, try some and invest some in modest amount so if tragic scenario comes it would be okay.

As long as there is a price movement, even though in a range that is not too wide, we can still benefit. 10% a week seems make sense. So, even though we are in a downward trend, but to get profit through trading is still widely open.
To even be able to get something like that, it all depends on your style of trading as well as the condition of the market. Usually for day traders, the chances of getting 10% weekly is possible, but at the same time, you also have to understand the risks involved when it comes to day trading as it is not always an easy thing and at the same time, nothing is always guaranteed.

To get something substantial most of the time, it is always very good to take advantage of a volatile market which is why you need knowledge and know the importance of stop loss as well. As long as you are able to inculcate all of that, you will always do great.
It is possible to do that, but it's going to be impossible to do that consistently, people need to look at the risk that they are taking in order to create those results, I have seen a lot of people that at the beginning seemed to be very successful when it came to trading and they could earn profits similar to that, but they were taking huge risks and eventually they lost all their money.
In cryptoworld everything is possible, I thought we agree on that. You can achieve what ever you want with hard work, learning and improving your skills. Even in this times prices are fluctuating more than 10% in both ways, up and down, who is trading knows that. 10% weekly is about 1.4% daily, but what stops people from enduring in this, when you are trading with 10$ what is 1$ per week? People lose patience and start to want more and more, thats the time for mistakes and losing money more than making a profit.