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Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.
These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.
I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.
A true trader will not do that. If a trader lose, he will just shrugged that and work again. Losing is a part of trading, you cannot get away from that. All you have to do is accept that and up your game.
Solid traders indeed move forward quickly when making a bad trade that costs them money, but I am not talking about these traders. I am talking about the people that can't accept any losses, and don't know what they did wrong, and when to stop.
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Solid traders indeed move forward quickly when making a bad trade that costs them money,
Thats very good thought.
Can you guys give me an advise which bitcoin exchange to start trading? I assume its a 24hrs, all day, all year trading. unlike stock trading which is good only for office hours. right? -newbie here also.
Well,, there's so many exchanges out there you have only to search it from google .but i will give the popular exchanges i know.Poloniex ,c-cex , bittrex ,cryptopia,yobit .that's all . It operates 24/7 all day .goodluck on your starting make sure to have least amounts to spend and get some learnings and experience first.
Thanks a lot. I have an idea on stocks trading but not on forex. Although forex and bitexchanges are the same. But is this the basic on how you earn: buy low on BTC then wait. then sell high. then buy ETH when low then sell when high. So basically you just jump to one another?
Thanks. "It takes money to earn money" same thing here. But will I gain if I invest in small amount. Exchanges have different fees. If fees are higher than what i profit then I don`t gain at all. So which is the lowest exchanges that charge that you know of?
Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.
These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.
I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.
A true trader will not do that. If a trader lose, he will just shrugged that and work again. Losing is a part of trading, you cannot get away from that. All you have to do is accept that and up your game.
Very well said guys. I am just trying to start trading, reading your insights will be profitable in my new ventures.
Can you guys give me an advise which bitcoin exchange to start trading? I assume its a 24hrs, all day, all year trading. unlike stock trading which is good only for office hours. right? -newbie here also.
Well,, there's so many exchanges out there you have only to search it from google .but i will give the popular exchanges i know.Poloniex ,c-cex , bittrex ,cryptopia,yobit .that's all . It operates 24/7 all day .goodluck on your starting make sure to have least amounts to spend and get some learnings and experience first.
Thanks a lot. I have an idea on stocks trading but not on forex. Although forex and bitexchanges are the same. But is this the basic on how you earn: buy low on BTC then wait. then sell high. then buy ETH when low then sell when high. So basically you just jump to one another?
Can you guys give me an advise which bitcoin exchange to start trading? I assume its a 24hrs, all day, all year trading. unlike stock trading which is good only for office hours. right? -newbie here also.