is managing trade needed?

[ayatoslaw]

trading is the thing that is needed in order to survive in cryptocurrency and get a big profit.
and I am still learning to do crypto trading, the fluctuating price makes new people really have to be able to control their emotions, this is important,
and I still learn about managing trade to avoid cut loss,
but is managing trading really needed in order to avoid cutloss?
I want to gather some opinions about this.

[Cryptoz]

~snip~ is managing trading really needed in order to avoid cutloss?

Of course we need to manage trading, not only to avoid cutlose but also to prevent asset's value. As long as it is no need to cutlose, I think you are better to continue holding. I prefer to hold my assets than selling for cutlose.   

[JaymondStark]

Trading always looks hard to me. Whatever you do, it is hard to understand the situation if it is going up or down since it is very related to the bitcoin's price. Well, we should hodl I guess, either way I don't want to sell low.

[tsakf]

Trading always looks hard to me. Whatever you do, it is hard to understand the situation if it is going up or down since it is very related to the bitcoin's price. Well, we should hodl I guess, either way I don't want to sell low.

I find it hard too. It needs to be patient, and cool, without getting stressed, if something goes wrong. Stress can lead you to wrong decisions, and this means losses. The more you lose, the more you get stressed. I can leave this to somebody else.

[indexx]

Sometimes cutloss is needed, so why to avoid it. For the coins that tend to always decrease because of low quality projects behind the coins, I think it is much better to cutloss. The coins from the projects are very possible to be dead coins, so it is better to sell them.   

[diygirl]

Actually, I personally don't have enough knowledge and experience of trading. However, if talking about managing trading, I think that it is very important. We need to require more about the basic ways in trading, managing the coins to trade daily or weekly and getting the good control of our ways and emotion.

[debra]

I don't really know about cutloss. I never did it yet I just hold top coins and it is not too many coins. I think holding is a good option to prevent from losses. When the market is very bad condition like now, I can say holding is the best option.

[Quart]

Indeed. Managing our trading is a way to be successful in trading. How can it will be successful if there is no managing. I think the question is quite easy to answer, friend. I guess you want to remind people.

[PhiliPPs]

There are no options at all, just manage your trade, otherwise you can lose everything and you will not be able to achieve any success!

[gurunanakji777]

One should not only depends on only bounty earning. He/she should be good in trading also because in the current market holding cause huge loss to the most of the traders on the other hand trading is the extra skillset that helps you to earn profit even in bad conditions of the market.

[Jee]

trading is the thing that is needed in order to survive in cryptocurrency and get a big profit.
and I am still learning to do crypto trading, the fluctuating price makes new people really have to be able to control their emotions, this is important,
and I still learn about managing trade to avoid cut loss,
but is managing trading really needed in order to avoid cutloss?
I want to gather some opinions about this.

have a look at Capital management and I think that will work and you will not face a problems in trading.
https://www.altcoinstalks.com/index.php?topic=95172.msg588699#msg588699

[tsakf]

I don't really know about cutloss. I never did it yet I just hold top coins and it is not too many coins. I think holding is a good option to prevent from losses. When the market is very bad condition like now, I can say holding is the best option.

Cut loss, is a strategy, that you use, when you think, that there is no future on the investment you made. Sometimes, it's used also, when you think that you found a better investment. You sell to stop losses,(cut loss), and move funds elsewhere.

[trauchot]

In order to engage in trading, you need experience in this area because you can lose all your investments, you also need to constantly monitor the market and all the actions of those altcoins in which you want to invest, you need to follow every strange movement.

[Prime]

In order to engage in trading, you need experience in this area because you can lose all your investments, you also need to constantly monitor the market and all the actions of those altcoins in which you want to invest, you need to follow every strange movement.

It is perfectly true. Without sufficient knowledge in trading, it will be too risk for your capitals. I am afraid it is only wasting time and efforts. Knowledge is one of the key for a successful goal. We need it to ensure our steps.   

[Ghozrd]

I really want to trade daily but when I see the crypto market with a quiet trading volume I only save my coins and do not trade, I think if coins like BTC and ETH go up in price, there will be big profits after we hold them.