Altcoins Talks - Cryptocurrency Forum

Archive => Sorting Box => Topic started by: ambar33n on June 26, 2018, 06:31:09 PM

Title: Beware of these to avoid loss.
Post by: ambar33n on June 26, 2018, 06:31:09 PM
10 MISTAKES YOU SHOULD NEVER DO IN CRYPTO TRADING   

LET'S START 

1/ Don't be so greedy, as something is better than nothing.If you get 10% profit then try to sell out and exit. Otherwise you will lose all your money if you want more than 10%.

2/ Never buy altcoins when bitcoin price is unstoppable.

3/ Never invest your all money in one coin you must diversity.

4/ Don't sell your coins at loss, do not get into panic sale. Because if you brought potential  coin, then don't sell your coin if it dump. Because it will grow again after some days.

5.Never invest all BTC in altcoins keep some BTC in wallet for right time. If you like one coin most, don't invest your all money on this coin. Keep some BTC for right time.

6/ Always make your portfolio, decide part if short and long time.

7/ Don't sale your long term coins at panic sale. You should hold your long term coins for 1 or 2 years.

8/ Don't do trading with your emotions keep them aside.

9/ Don't do day trading without proper knowledge. Before learning day trading don't go for it.Otherwise you will lose your all money.

10/ Never buy coins at their all time high price. Don't buy coin at their high price, wait for dump and buy at deep.

Guys if you follow this 10 strategy, then I'm sure you will be safe from losses. 
Title: Re: Beware of these to avoid loss.
Post by: altcoingamer on June 26, 2018, 09:55:02 PM
This is a tough tough market to not feel emotional, but we have to.  I've kept BTC off the table for a long time just so I could buy alts in this severe capitulation and I think it will heavily pay off.
Title: Re: Beware of these to avoid loss.
Post by: ambar33n on June 26, 2018, 10:23:12 PM
It is tough world too, we should just try to avoid taking stress. you getting my point?
Title: Re: Beware of these to avoid loss.
Post by: sugarchrisp on June 26, 2018, 11:42:20 PM
All of these are valuable points.  Anyone just getting into trading should read this list and adhere to it as best you can.  I also agree that it's tough to be unemotional with the markets the way they've been lately but patience wins every single time.  It helps to only use money you can afford to lose to begin with, consider it already gone when you're trading so you don't get so emotional if a trade goes south.
Title: Re: Beware of these to avoid loss.
Post by: serggg on June 27, 2018, 04:31:50 AM
Useful advice, still people would be thinking. And then they buy at the top, but sell at the bottom.
Title: Re: Beware of these to avoid loss.
Post by: Najma zahra505 on June 27, 2018, 04:03:36 PM
thanks infonya boss, it is very difficult what else if the market so, we must avoid from crescend.
Title: Re: Beware of these to avoid loss.
Post by: emma.lee1890 on June 27, 2018, 04:17:55 PM
Quote from: ambar33n on June 26, 2018, 06:31:09 PM
10 MISTAKES YOU SHOULD NEVER DO IN CRYPTO TRADING   

LET'S START 

1/ Don't be so greedy, as something is better than nothing.If you get 10% profit then try to sell out and exit. Otherwise you will lose all your money if you want more than 10%.

2/ Never buy altcoins when bitcoin price is unstoppable.

3/ Never invest your all money in one coin you must diversity.

4/ Don't sell your coins at loss, do not get into panic sale. Because if you brought potential  coin, then don't sell your coin if it dump. Because it will grow again after some days.

5.Never invest all BTC in altcoins keep some BTC in wallet for right time. If you like one coin most, don't invest your all money on this coin. Keep some BTC for right time.

6/ Always make your portfolio, decide part if short and long time.

7/ Don't sale your long term coins at panic sale. You should hold your long term coins for 1 or 2 years.

8/ Don't do trading with your emotions keep them aside.

9/ Don't do day trading without proper knowledge. Before learning day trading don't go for it.Otherwise you will lose your all money.

10/ Never buy coins at their all time high price. Don't buy coin at their high price, wait for dump and buy at deep.

Guys if you follow this 10 strategy, then I'm sure you will be safe from losses.
.Never invest all BTC in altcoins keep some BTC in wallet for right time. Keep your choice celever
Title: Re: Beware of these to avoid loss.
Post by: sharecel on June 28, 2018, 12:13:41 PM
Quote from: ambar33n on June 26, 2018, 06:31:09 PM
10 MISTAKES YOU SHOULD NEVER DO IN CRYPTO TRADING   

LET'S START 

1/ Don't be so greedy, as something is better than nothing.If you get 10% profit then try to sell out and exit. Otherwise you will lose all your money if you want more than 10%.

2/ Never buy altcoins when bitcoin price is unstoppable.

3/ Never invest your all money in one coin you must diversity.

4/ Don't sell your coins at loss, do not get into panic sale. Because if you brought potential  coin, then don't sell your coin if it dump. Because it will grow again after some days.

5.Never invest all BTC in altcoins keep some BTC in wallet for right time. If you like one coin most, don't invest your all money on this coin. Keep some BTC for right time.

6/ Always make your portfolio, decide part if short and long time.

7/ Don't sale your long term coins at panic sale. You should hold your long term coins for 1 or 2 years.

8/ Don't do trading with your emotions keep them aside.

9/ Don't do day trading without proper knowledge. Before learning day trading don't go for it.Otherwise you will lose your all money.

10/ Never buy coins at their all time high price. Don't buy coin at their high price, wait for dump and buy at deep.

Guys if you follow this 10 strategy, then I'm sure you will be safe from losses.
Title: Re: Beware of these to avoid loss.
Post by: kurapika on June 30, 2018, 02:44:58 PM
Good tips and I must apply this once I get engage in day trading. So tough but I need to learn it patiently.
Title: Re: Beware of these to avoid loss.
Post by: sharecel on June 30, 2018, 04:05:22 PM
Thank you for the very accurate tips.
Title: Re: Beware of these to avoid loss.
Post by: alerk on July 12, 2018, 11:52:44 AM
Do not use automatic bots for arbitration. I had a sad experience.
Title: Re: Beware of these to avoid loss.
Post by: BlackWidow on July 12, 2018, 01:26:27 PM
Quote from: alerk on July 12, 2018, 11:52:44 AM
Do not use automatic bots for arbitration. I had a sad experience.

10 minutes ago I found a topic in which they talked about bibibot. Could you tell why it's dangerous?
Title: Re: Beware of these to avoid loss.
Post by: alerk on July 12, 2018, 02:57:34 PM
Because the automatic bot can crack the scammers. The automatic bot trades for the user. It connects to the account on the exchange through the IP and has access to the wallet. If they are scammers, they will take all your money. They can even make fake coins!
Title: Re: Beware of these to avoid loss.
Post by: alerk on July 12, 2018, 03:00:29 PM
Quote from: alerk on July 12, 2018, 02:57:34 PM
Because the automatic bot can crack the scammers. The automatic bot trades for the user. It connects to the account on the exchange through the IP and has access to the wallet. If they are scammers, they will take all your money. They can even make fake coins!
I have been using BibitBot for several months now. No scum. All transactions I make myself, the bot simply sends notifications to the Telegram
Title: Re: Beware of these to avoid loss.
Post by: BlackWidow on July 12, 2018, 10:35:33 PM
Quote from: alerk on July 12, 2018, 03:00:29 PM
Quote from: alerk on July 12, 2018, 02:57:34 PM
Because the automatic bot can crack the scammers. The automatic bot trades for the user. It connects to the account on the exchange through the IP and has access to the wallet. If they are scammers, they will take all your money. They can even make fake coins!
I have been using BibitBot for several months now. No scum. All transactions I make myself, the bot simply sends notifications to the Telegram

Then it looks like safe, but useless. After all, transactions between exchanges may be very slow. you can just not be in time
Title: Re: Beware of these to avoid loss.
Post by: CrypMania on July 15, 2018, 06:24:05 AM
Quote from: ambar33n on June 26, 2018, 06:31:09 PM
10 MISTAKES YOU SHOULD NEVER DO IN CRYPTO TRADING   

LET'S START 

1/ Don't be so greedy, as something is better than nothing.If you get 10% profit then try to sell out and exit. Otherwise you will lose all your money if you want more than 10%.

2/ Never buy altcoins when bitcoin price is unstoppable.

3/ Never invest your all money in one coin you must diversity.

4/ Don't sell your coins at loss, do not get into panic sale. Because if you brought potential  coin, then don't sell your coin if it dump. Because it will grow again after some days.

5.Never invest all BTC in altcoins keep some BTC in wallet for right time. If you like one coin most, don't invest your all money on this coin. Keep some BTC for right time.

6/ Always make your portfolio, decide part if short and long time.

7/ Don't sale your long term coins at panic sale. You should hold your long term coins for 1 or 2 years.

8/ Don't do trading with your emotions keep them aside.

9/ Don't do day trading without proper knowledge. Before learning day trading don't go for it.Otherwise you will lose your all money.

10/ Never buy coins at their all time high price. Don't buy coin at their high price, wait for dump and buy at deep.

Guys if you follow this 10 strategy, then I'm sure you will be safe from losses.
I couldn't agree less with the ten points you've listed above. One can save himself/herself from a lot of losts by following this simple ideas.
Title: Re: Beware of these to avoid loss.
Post by: korkorjkk on July 17, 2018, 12:56:54 PM
I have also learnt in investment that you should not invest all your money in one coin. At least try investing in two or three coins. And buy coins when the prices have fallen and not when prices are high.
Title: Re: Beware of these to avoid loss.
Post by: anrian062 on July 19, 2018, 10:57:08 AM
Quote from: serggg on June 27, 2018, 04:31:50 AM
Useful advice, still people would be thinking. And then they buy at the top, but sell at the bottom.

most people problem is; dont know which point is top and which point is bottom. but i agree that never go in panic buying/selling.
Title: Re: Beware of these to avoid loss.
Post by: rightway on July 21, 2018, 05:22:58 PM
Quote from: ambar33n on June 26, 2018, 06:31:09 PM
10 MISTAKES YOU SHOULD NEVER DO IN CRYPTO TRADING   

LET'S START 

1/ Don't be so greedy, as something is better than nothing.If you get 10% profit then try to sell out and exit. Otherwise you will lose all your money if you want more than 10%.

2/ Never buy altcoins when bitcoin price is unstoppable.

3/ Never invest your all money in one coin you must diversity.

4/ Don't sell your coins at loss, do not get into panic sale. Because if you brought potential  coin, then don't sell your coin if it dump. Because it will grow again after some days.

5.Never invest all BTC in altcoins keep some BTC in wallet for right time. If you like one coin most, don't invest your all money on this coin. Keep some BTC for right time.

6/ Always make your portfolio, decide part if short and long time.

7/ Don't sale your long term coins at panic sale. You should hold your long term coins for 1 or 2 years.

8/ Don't do trading with your emotions keep them aside.

9/ Don't do day trading without proper knowledge. Before learning day trading don't go for it.Otherwise you will lose your all money.

10/ Never buy coins at their all time high price. Don't buy coin at their high price, wait for dump and buy at deep.

Guys if you follow this 10 strategy, then I'm sure you will be safe from losses.

Above mentioned is truly helpful most especially for new forum members that don't know what to do in times they encounter problems.
Title: Re: Beware of these to avoid loss.
Post by: jet on July 22, 2018, 05:37:42 AM
That's the way life should be! Every investors/bounty hunters must do a research to avoid such thing to happen in their portfolio.
Title: Re: Beware of these to avoid loss.
Post by: Crypto Joe on July 23, 2018, 08:47:04 AM
Quote from: ambar33n on June 26, 2018, 06:31:09 PM
10 MISTAKES YOU SHOULD NEVER DO IN CRYPTO TRADING   

LET'S START 

1/ Don't be so greedy, as something is better than nothing.If you get 10% profit then try to sell out and exit. Otherwise you will lose all your money if you want more than 10%.

2/ Never buy altcoins when bitcoin price is unstoppable.

3/ Never invest your all money in one coin you must diversity.

4/ Don't sell your coins at loss, do not get into panic sale. Because if you brought potential  coin, then don't sell your coin if it dump. Because it will grow again after some days.

5.Never invest all BTC in altcoins keep some BTC in wallet for right time. If you like one coin most, don't invest your all money on this coin. Keep some BTC for right time.

6/ Always make your portfolio, decide part if short and long time.

7/ Don't sale your long term coins at panic sale. You should hold your long term coins for 1 or 2 years.

8/ Don't do trading with your emotions keep them aside.

9/ Don't do day trading without proper knowledge. Before learning day trading don't go for it.Otherwise you will lose your all money.

10/ Never buy coins at their all time high price. Don't buy coin at their high price, wait for dump and buy at deep.

Guys if you follow this 10 strategy, then I'm sure you will be safe from losses.

That`s pretty nice and useful, so next time im aware already for doing a trade. Thanks to you!
Title: Re: Beware of these to avoid loss.
Post by: Aristos on July 23, 2018, 11:26:29 AM
Trading is the activity of crypto currency supporters that can not avoid losses but atleast can be minimize by some tips.
Title: Re: Beware of these to avoid loss.
Post by: Ariel on November 17, 2018, 03:44:56 PM
Thanks for the valuable advice, I will save it in bookmarks and I will take into account))
Title: Re: Beware of these to avoid loss.
Post by: Nayrb45 on November 21, 2018, 12:18:21 PM
We need to be smart in terms of any important documents to be safe and kept for not losing when joined a programs likely of bounty campaign.