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Showing 20 of 20 results by devis9990i
You already got some profit but in my case, I didn't get enough profit which I expected. But I got a bit and then market crashed again and my all profit gone in vain. Now, I am waiting for altcoins pumping to recover my assets which I already invested.
Sad for you. Now market of coins is crashing. But i'm sure soon it will recover and we will see price rising of BTC, RXP, ETC , LITE and many other coins. But now is perfect time for buying , don't forget!
Lucky to those who buy bitcoin while the price was still 3k up. Bitcoin might go up now for good, and we may not see Bitcoin again to at the 3k price forever.. Or Bitcoin might go below $2k to $3k for another consolidation.
people who bought Bitcoin at two digit level are the luckiest one not the one who bought for $3000 but they can be called as wise as a strong believer of Bitcoin so you also can buy even now and wait for the prices to increase $50,000 or $100,000 in the next few years don't expect the prices to to be falling again because it never happened.Agreed. It's not about being lucky. It's about having good intuition and analytical mind. For example Warren Buffett always buy when all people sell, and sell when other buy.
I think that means this. Do not let emotions control you. Relaxation allows you to connect with intuition and take a fresh look at things. Perhaps this will achieve great success in trade.
You're right. It's important to keep your emotions uder control and be patient.You have to always be focused and don't panic at every market fluctuation
Lucky to those who buy bitcoin while the price was still 3k up. Bitcoin might go up now for good, and we may not see Bitcoin again to at the 3k price forever.. Or Bitcoin might go below $2k to $3k for another consolidation.
people who bought Bitcoin at two digit level are the luckiest one not the one who bought for $3000 but they can be called as wise as a strong believer of Bitcoin so you also can buy even now and wait for the prices to increase $50,000 or $100,000 in the next few years don't expect the prices to to be falling again because it never happened.Of course. It's a golden rule "buy low,sell high".The most importnat thing its to choose correct entry and exit points.
I think in trade we must be able to find ways to make our initial funds not wasted and for that we need a strategy and to do that we need a lot of knowledge and experience. And the second thing is that we shouldn't feel panic in trading and control our emotions will be the key.
Im quite new to crypto so i wanted to know what exchanges do you use and i'd be grateful for advises on security. I currently keep my crypto on localbitcoins but it recently got hacked to im concerned for my money. I want to move it somewhere safe but still be able to make trades without much fuss. Im still learning to trade but im pretty serious about it. Can you recommend me a good exchange that hasn't been hacked yet?
If you want to keep your fund safe and like it to put in the exchange, I suggest you to store it at the
exchange in which are always listed on top in the market. And for you to know where to find those good platform
it is better for you to check coinmarketcap site. And one of the good platform exchange is Kucoin.
Personally i used to trade on Monfex and can state that it's a very safe and reliable platform.Check it out guys
I also trade there and can state that it's very reliable and safe platform. I am really satisfied with because my data stays secured.
What ever strategy that work for you that you are able to make small gain can be equally use to make huge gain if you really know what to do with that same strategy. And you shouldn't be too desperate because such mind will you to lose large sum of your money if care is not taken.
Yes, small gains will be based on the investment we do and the coins we are investing in. Every time the situation cannot be the same some time we may gain higher returns and sometimes we may gain lower returns and there is no specific guarantee we are going to earn the same amount every time.
Almost all people start from small gains so it's okay.But if you want to have really high gains you should invest in top coins
You have to correctly calculate your risks. If you are a newbie trader i wouldn't recommend you it.Also you have to be prepared to trade only high volume assets. Since as it is hard to predict price movements you can lose a lot of money.
No one can ever say how long bear trend will last. To give you an example, we've experienced the longest bear market from last year until March if I'm not mistaken. Though there are so many speculators that the bear will gonna end in some time but never actually know when is that exact time. The corrections are already performed and I saw bitcoin today at $8,900 going on $9,000. So, the bear will never last in crypto market. Just some recoveries after the bear.
I suggest that this season will last till the mid autumn and then prices will keep raising and break above 13 00$. But now it's time to et a stop-loss order at 10 500$ and take-profit order at 9 500$. What do you think?
When I tried to explore trading industry rather than gambling i thought it was going to the moon, I tried trading on coinut since i don't have much money to play in big trade, I am only a small scale trader, at first things go well, converting to other coins, and trade it with bitcoin. but since crypto was so volatile during the latter days, trading was a regret for me, no statistics to display and i don't read regarding to pump and dump so it was all of a sudden. Holding was my only best option. while day trading gives me heart broken every time, the redflags wave.
However, when you are professional on trading you can be sitting pretty.
Of course. If you are a newbie you are too scared to lose your investments. That's why you try to hold. But you won't succeed without loses. Remember it. Try with the low deposits and increase it over time. Try to make your own predictions and charts using indicators. At the beginning you might not understand how to do it properly. Then try to follow signals of reputable resources. But in future try to rely only on yourself.
Hmmm, I'm happy with your success in trading. You have been trading since March 11 and have made 12% profit, I guessed you TP on April 2, where bitcoin is undergoing a big pump. And April 2 is also the beginning of a trend reversal from bearish to bullish, I think you are very lucky at that time.
Well, maybe so far you have never felt a bearish market like 2018 yesterday where many traders, miners, investors are desperate. Maybe if you feel that you will know what it's like to be in a bearish market, this time you are lucky to enter the market when the market will be reversing the trend. But I hope you will continue to trade and like your trade despite any trends.
Well, maybe so far you have never felt a bearish market like 2018 yesterday where many traders, miners, investors are desperate. Maybe if you feel that you will know what it's like to be in a bearish market, this time you are lucky to enter the market when the market will be reversing the trend. But I hope you will continue to trade and like your trade despite any trends.
lol... Don't scare the lady away from trading, you sound like an experienced trader who have seen it all, the profit and losing side. The reversal too and expecting the price to come back for you to exit at the entering price. Guess you have seen it all 
Of course, trading has up and down side, depending on the one one is caught up with.
We've already seen price falling under 10 000$.I suppose it may fall even to 7 000$.We are in bear territory with the next support level being ~9,400. Consider a SELL(short) at $10,100 and take profits at $9,400.
Frankly speaking, it depends on your comfort levels only. I love doing all types of trading but Crypto Trading is my favourite, as there is so much potential. We can figure out a good broker which allows us to do all type of trading, so this makes it so much easier for us to select and that really helps with making money. Often becoming one-dimensional leads to restricting yourself when it comes to profit making, so this is something thats very much a no.
I prefer platforms with tightest spreads. That's why i don't like to trade on Forex. They have high comissions. By the way where do you trade ?
~snip
Market is not always good like what is happening now. Last year many investors lose huge amount of money because price fell down for more than 60% if I'm not mistaken. If you are earning some good profits now in trading, save some of your profit because crypto market is very volatile.
You are right.But now i suppose it's a good time to buy crypto and hold it until it'll break 13 000$.
Re: What are the things to be considered when choosing the appropriate exchange for
Volume - it shows the reputation of the exchange by the number of its traders
Availability - some exchange are not available to specific countries
Security - ofcourse anyone don't want his funds to be stolen easily
User Friendly - to trade more comfortably and conveniently
Availability - some exchange are not available to specific countries
Security - ofcourse anyone don't want his funds to be stolen easily
User Friendly - to trade more comfortably and conveniently
Same.And also i take into account the value of spread
Lucky to those who buy bitcoin while the price was still 3k up. Bitcoin might go up now for good, and we may not see Bitcoin again to at the 3k price forever.. Or Bitcoin might go below $2k to $3k for another consolidation.
In short term we can observe bearish season so prices will fall . I think it's a good opportunity for buying it.I would suggest to Buy at $10,000, Stop-loss at $9,800
and Take-profit at $10,600 . But i don't think that it will fall to 3 000$
The crypto market is always unstable, since the prices of cryptocurrencies are volatile. But you can deal with this volatility, if you have good knowledge about studying the markets and analyzing the charts, and how to choose the most promising coins to trade, and when buying or selling. This technics of trading will help you a lot to avoid losing in this field.
You're right.It's possible to make profit even if market goes down. By the way now we can observe start of bearish season.If you want to make a profit then sell at $10,450 ,stop-loss at $10,800
and Take-profit at $9,500.
Of course! Market cycle it very important for me as a trader, Market cycle is like a cheat in the game, we can do research and analysis with it. Its very eassy to get a signal and find a trading opportunities if you already capable to read the market cycle.
There is no doubt that market cycles exists the problem is that you have no way to know we are in a particular cycle until several months have passed and we discover the cycle has changed but by the time that happens you have already lost the best opportunities to profit from the change of a cycle to the next, just to give you an example during 2018 it was way more profitable to short the markets than to buy and hope the market will go up, but you had no way to know that before the whole year passed so you needed to take the opportunities that appeared in both sides of the market.Each trader should be prepared for such cycles because it's natural. And get ready for new cycle.BTC will fall to 9 500 in short term so here's a beginning of bearish season . Monfex suggested to set a stop-loss order at 10 500 $ and a take -profit order at 9 500$. What do yoi think about it&
Re: To be a successful trader need help of a successful trader!
Youre right, there are no specific rules for becoming a professional you just have to trade your way and follow your own rules, however the help of an expert is always good as it can clear up certain doubts and warn you of probable errors that you are committing in the market, For this reason you should often use the forums that exist on the internet as there are multiple experts who can guide you with what you need and it is an easy and sure way to get these opinions without much effort.
Agreed. But i'd emphasize some points. First of all choose reliable trading platform, create your own trading platform, follow trading charts of reputable resources(personally i follow charts of Monfex)and try to make your own and use technical analysis.I use RSI and MACD.
Re: To be a successful trader need help of a successful trader!
Youre right, there are no specific rules for becoming a professional you just have to trade your way and follow your own rules, however the help of an expert is always good as it can clear up certain doubts and warn you of probable errors that you are committing in the market, For this reason you should often use the forums that exist on the internet as there are multiple experts who can guide you with what you need and it is an easy and sure way to get these opinions without much effort.
Agreed. But i'd emphasize some points. First of all choose reliable trading platform, create your own trading platform, follow trading charts of reputable resources(personally i follow charts of Monfex)and try to make your own and use technical analysis.I use RSI and MACD.