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Showing 20 of 272 results by ducphucmmo
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Topic
Board Trading Discussion
Re: Making 1% Daily
by
ducphucmmo
on 05/05/2018, 05:13:08 UTC
Its possible if you do able or can handle to put up risk on daily basis.1% is possible on reaching it out but the question is having a constant earnings on doing trading isnt really an assurance which means there are really days that we do suffer loss specially this very unpredictable market. This is a very good observation, the purpose should not be to earn a target percentage every single day, even if you are a day trader your goal should be for the long term
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Board Trading Discussion
Re: Is the risk necessary to make a big profit?
by
ducphucmmo
on 05/05/2018, 03:06:21 UTC
You are right as risk is important because we always need to put out own money on the line in order to make more money whether it is from the cryptocurrency market or running your own business everything will involve risk in order to make a return or even a loss from your capital. The bigger the risk, the higher the profit for us. This is the rule. If you want high profitability and low risk is hardly possible. Bitcoin is a risky market, if you do not grasp the trend you will probably not be profitable from investing BTC
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Board Altcoin Discussion
Re: Patience is the key
by
ducphucmmo
on 04/05/2018, 14:52:33 UTC
I believe in the saying that if you'll wait it is worth and others say that patience is a virtue. So in the first sayong we need to become patience because it is really worth if you hold that things you get it worthy.about the second saying, patience is a virtue it is mean that if you have a patience good result or good output will come. This has always been my philosophy as far as cryptocurrency business is concern. I'm always certain that only the patient one would be of the advantage. It is really worth waiting for
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Board Trading Discussion
Re: Is technical analysis useful?
by
ducphucmmo
on 03/05/2018, 13:16:32 UTC
I believe in technical analysis combined with fundamental analysis and price action/market sentiment. It help me a lot in speculating the possible support and resistance of a coin. Technical analysis is mathematical formula and it is effective simply because majority of traders use it so somehow you will have an idea of what are the traders reaction would be when that price is hit. The market is managed by large players who are very familiar with technical analysis and always direct the market in the context of technical analysis
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Board Trading Discussion
Re: Bitcoin traders, why don't you just trade forex?
by
ducphucmmo
on 03/05/2018, 12:22:32 UTC
I guess forex is too risky than crypto because we need to stay in front of the computer, watching the price and sell if we make a profit or cut loss if we are lost money. but I prefer with trade crypto. I guest there some people who trade in altcoin exchange already trade with forex same with btc or altcoin the most people like altcoin exchange because of volatility of price you will easyly gain profit in that in shortime of waiting
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Board Trading Discussion
Re: Can Bitcoin Reduce to $ 4000?
by
ducphucmmo
on 03/05/2018, 11:54:23 UTC
I think the bitcoin is the digital money and now the usage is increasing so the value may fall but it will not below than 7000 because the demand of bitcoin is high as compared to the bitcoin supple and the china exchange hacking cause a fall in bitcoin but it will not affect bitcoin fully soon the people will again use the bitcoin. Bitcoin price right now might be reducing due to some bad news but I don’t think it will go far down to $4k. I think that’s way too much down for its market, and would create chaos
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Topic
Board Speculation (Altcoins)
Re: Are the Green Days back ?
by
ducphucmmo
on 02/05/2018, 16:28:47 UTC
Majority of my portfolio is in the green now which is a great sight to observe and it feels great to see the market slowly recovering in a slow and steady manner which is far more healthier for the market on the whole. It is indeed green market,as the bitcoin is very bullish you should be taking profits by now because bitcoin's movements will dictate how these altcoins will do,you should know that after these green market there will some corrections
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Board Altcoin Discussion
Re: Do you still use MEW?
by
ducphucmmo
on 02/05/2018, 13:23:57 UTC
I like MEW and don't plan to change it, I use it with ledger and I think for those who don't have ledger or trezor should buy one, in case this is not possible now, follow all the rules how to keep your data and keys safe, don't open the links or emails  you don't know and everything will be fine. There was no hacking, there was a replacement for DNS servers and these are different things. People who value their money look at the address of the site and the certificate that is specified in front of it
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Board Trading Discussion
Re: Is trading actually worth it?
by
ducphucmmo
on 01/05/2018, 11:09:14 UTC
Trading in between Tether compared to altcoin will be entirely different when it comes on moving prices and the risk involve.I agree on the thing you do said that profits would be entirely depending on how much we would able to risk out. There is no doubt that trading gives a good profit to bitcoin users, and traders as well. But we all know that bitcoin is really risky especially for those who don't understand how it works and operates and do not make researches and studies on how to be better with it
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Board Altcoin Discussion
Re: Will Crypto end?
by
ducphucmmo
on 30/04/2018, 12:35:40 UTC
Crypto may not end or disappear. Because someday in the future the virtual coin will definitely be in need for some transactions or all transactions in the world. It just takes time for some improvement and socialization to people to use and have a crypto. I am too excited if the day will come that many people will boom together with bitcoin. We are all worried about losses when the market goes down severely during this time
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Board Trading Discussion
Re: Trading don't work for me too well
by
ducphucmmo
on 29/04/2018, 13:22:11 UTC
I think you have to be more careful regarding this issue, but don't be impatient and careless about this trading. Trading is the platform where you need to take every step very carefully. not only that but also you have to gather a lot of information regarding this issue. The cryptocurrency trading market is geared and imbued with a lot of alleys to make you fail because the assets are always changing, and many of them are so unpredictable that even if you have exerted enough effort to check everything
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Topic
Board Altcoin Discussion
Re: How long should one have to wait to sell
by
ducphucmmo
on 28/04/2018, 01:58:10 UTC
I can wait as long as it take to rise for me to be more and more profitable. If the price is low I can wait for 2 years or more than that before selling it. Everyone that want to gain a lot of money than the one used to invest should know that no matter what, bitcoin will rise. If not check the price before sell you get more loss. So wait for some week. Then price will be increases. Time is important for this process. Check the price day by day. Then you know price information
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Board Trading Discussion
Re: what you should do crisis time in trading ?
by
ducphucmmo
on 27/04/2018, 03:48:37 UTC
I usually wonder what ends up causing this fear and the only reason I can give is that people usually do not get to understand the market before investing or do not get to learn how to play with their positions before trading and then they end up flopping badly by making huge mistakes as a result of panic. Anyone who ends up hurrying during downtrends like this to panic sell after holding already for a very long time, then they will end up not reaping the fruit of their patience
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Board Trading Discussion
Re: Loss in trading
by
ducphucmmo
on 27/04/2018, 03:11:00 UTC
Its because people wish fast money, they jump in trades to fast and get out with first trouble. Getting out is how people lose money with trading, you need to know when to buy and sell, that is first trading mistake that many newbies make. Definitely as a trader losses would be incurred  even professional traders also incur losses in trades but it is always advisable to trade with  the amount of money you can afford to lose and it is usually advisable to put a stop-loss to your trade
Yep, I think that in order for us to succeed commercially without any risk is extremely difficult, that can not happen. In order to be able to trade well you need to understand the basics and depth of trade, always follow the market information, synthesize and make specific trade plans. I think in the trade there must be a profit and there isif I think in the trade there must be a profit and there is a loss
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Board Trading Discussion
Re: I'm a beginner, I want to start trading. What should i do?
by
ducphucmmo
on 27/04/2018, 02:22:52 UTC
Trading is a completely different concept to learn and trading is acquired only when you have practical experience on it. There are many videos on youtube regarding trading but consider them as a suggestion because each person has his own views when it comes to trading. Not to lose your hard earned money google search trading strategies and possibly youtube is another avenue for learning trading although it's gonna time your time
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Board Altcoin Discussion
Re: I'm very disappointed with myself.
by
ducphucmmo
on 26/04/2018, 14:34:35 UTC
This was happen to me several times already we can't predict what exactly happen to the market.  I notice that Everytime i sell my coins most if the time its price goes up though it is dis appointed for making bad decision but this is trading market everything is unpredictable just take every mistake as your learning growth and avoid to happen over and over again. Being disappointed in ourselves always happened several times every time we didn't achieve or meet our goals, especially when you know to yourself that you did everything to make it happen unfortunately it didn't
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Board Altcoin Discussion
Re: Ethereum: Good alt or stay away?
by
ducphucmmo
on 26/04/2018, 13:15:48 UTC
I think this has been the case some months ago with ETH and BTC. But I really don't think ETH will work out as fast as BTC is now. BTC almost doubled its price which proves to show that BTC is really getting more and more famous. At this moment, I can say Ethereum is a good alt. Active Dev, further developing technology around Ethereum. But what concerns me is it's value, many say it's overpriced due to the price increase with no valid reason but due to manipulation and that it will crash soon
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Board Trading Discussion
Re: The Best Time To Exit Trading
by
ducphucmmo
on 25/04/2018, 13:19:44 UTC
 I want and if it doesn't work out then I'll probably need to wait a lot of time before exiting the market, but if it works then it will happen a lot sooner. It is a smart idea if you have a lot of money because investing in real estate is a very safe investment but one that is not going to give you the huge profits while cryptocurrencies can, and many people here myself included that are investing in this market do it
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Board Trading Discussion
Re: Bittrex is better?
by
ducphucmmo
on 25/04/2018, 12:46:48 UTC
I prefer the he graphics and nice to trade there but love the withdrawal fee the fee is 0.001 bitcoin but when poloniex is 0.0002 bitcoin just like others want to poloniex because the low fee and this site is longer than bittrex. Bittrex was good mostly in holding bitcoins, trading and investing. The interface and its being user friendly is was also good, their security was also good to us such as traders and investors! but the problem is when you are submitting filing a request
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Board Trading Discussion
Re: Are you a full time trader or just part timer?
by
ducphucmmo
on 25/04/2018, 12:17:33 UTC
Just like me I am an accountant with an organization and I do work almost 10 hour a day except Saturday and Sunday and I think the time spend at work if I can spend half of it trading the sky will be my limit. I don't know why I am not contagious enough to live the job and star trading. I only did trades as a part time job, because I am in my full time job as a clerk in a prestigious company. I do lots of trade with my friends hoping that it cones to be a helpful job
I don't trade all the time, When the market is bullish I trade,well for me it would be profitable to trade in a bullish market than bearish, the odds of earning in a bearish market is very slim unless your a good predictor or a whale. Cryptopia and I'm currently making a loss on most of my investments as I didn't adequately research the market before diving in