Quote from: Coolcryptovator on December 30, 2018, 06:05:42 PM

Quote from: QuadsPoker on December 21, 2018, 04:00:00 PM

My opinion is that every single person can become a profitable trader and you do not need to be a specialised trader to make consistent daily profits.

Are you sure about Bold part ? If yes then I will not agree with you and my opinion will be that still you don't know what is crypto trading. Trading is just money circulation, you are selling your coin means someone buying from other side. You are buying means someone selling from other side. So always someone will loss on single coin. It's same for all coin and all traders. For example you you bought a coin for 1$ and you sold for 2$, means someone bought it by 2$. Imagine price drop on 0.5$, so who bought for 2$ from you he is in loss. That's the trading, if you are winner always be loser on opposite side. Everyone have own criteria, and they follow that. That's why sometimes we are gainer and sometimes loser. It's crypto game. It's true most of new trader will on loss on begun.

It doesnt mean the person that is selling is loosing. maybe initially but not always.

for example. I bought today XRP at 0.3575$. You can not say that the coins i bought are from someone that bought at a higher point. So maybe he bought at 0.35$. After that i sold mine @ 0.362. So also with a profit and the person that bought mine will hold until he makes profit.

I never said that every trader is profitable. I quoted that every person can become a profitable trader. The traders that are in an overall loss can only be in loss cause they panic sold at a lower price than they bought.

I helped out several persons in the past that even knew anything about crypto. I had a 3-4 hour private session with them and every single one of them was ready to start trading with just some basic techniques and strategies. And every single one of them are in profit, not a single one in loss.

So if you ask me ' can every person become a profitable trader?. Then i say yes. The only 2 things that are necessary to exclude are PANIC, GREED and i basic education. You even do not need technical analysis. I never analyse charts myself. I just use 2-3 easy to learn and use strategies to make my money. And it makes me good money, cause i sold my business 3 years ago and after that i can easily support me, my wife and kids with my trading earnings.

I agree with you those who buy and hold longer can be in loss. But what i am saying is that everyone can be a profitable trader if you day trade like me. I never chase huge profits. I close multiple trades daily that even sometimes bring me 0.3% profits but by doing this 20-30 times a day i easily make 1-2% profits daily.

The only ones that loose are idiots that lower than they bought!!!