5 Things I have learned in 5 years of trading!

[collinsjie]

I quite agree with your points. If you come into trading with getting rich quick, you get your fingers to burn. To have a perfect result in trading you need to take it slow and steady on a daily basis so that you can experience what you needed to become an expert. Consistency matter in trading and consistency will give you the needed experience to excel in trading. In trading, you don't stop learning. We learn every day.

[masterrex]

I agree with some of your points, although I have some doubt in others, let me say this way not all of our goals and plans will work as we expected, that's why our decision or judgment matters. because in trading there are a few factors we should consider and I experience it when I started my trading journey wayback in 2016 and base on my experience emotion is one of my worst enemies. second is the knowledge and technicalities etc. 

[Google+]

indeed having knowledge about trading will really provide many advantages for you if you trade in cryptocurrencies sometimes this knowledge is not very useful because until now cryptocurrency price movements are very difficult to predict and the most important thing is that you have to be able to control your patience when trading in cryptocurrencies so as not to get caught in the traps that whales often make.

[zilzylian]

I started to understand the patterns of the crypto market because I learned from the experience of 2017, but it is difficult to choose an altcoin that will increase the price and make a profit, because many altcoins on coinmarketcap are still not listed on a centralized exchange.
Some signals on social media look good but I don't believe them because most influencers can give signals and they look like professional traders.
I prefer to trade with the analysis and experience that I have, by taking a little profit I think it's good than losing continuously with a large amount.

[Dreamer]

1)   I use CedarFX as I use Bitcoin to deposit and withdraw and it is very quick,

I think you are talking about a Forex trading broker. Personally, in Forex I like Evolve markets because I can also deposit different cryptocurrencies, quick and cheap withdrawals, and also I can trade crypto, forex, stock, all in one place!

4)   Trading of any type is NOT A GET RICH QUICK SCHEME!

Absolutely right! We have to be patient in trading or otherwise we'll be risking our money and we'll be at a loss without expecting.

[alltalk]

5)   Set achievable goals

Some people sometimes don't realize that they set unachievable goals. Greedy people always set too high goals, which probably ends with bad results. Now, when some people stated the price of Bitcoin to reach $100k, many people want to set a selling price above $100k. I think this is a very risky goal, better to set the selling price target below $100k. We don't know if the Bitcoin price really can reach $100k or not.

[pieppiep]

trading in cryptocurrencies in my opinion there is no broker system, cryptocurrency price movements depend on demand and no one can regulate it, the estimated value of the cryptocurrency asset when the price collapses will not make you lose if you only trade as usual, but if trading futures it will different again.

[Crypto_Bull]

Thanks for sharing with us.But still I have some problems with technical analysis.

[Oksana Ksyusha]

I agree 100%. But also I would like to add 1 moment: be calm, turn off emotions and turn on your logic and brains. Use technical analyzes and use your strategy.

[sampoerna]

good analysis and what is said is true. Trading is not something that easy but can be learned if there is a strong will in it. some people lose and some make big profits in trading, it all depends on how we manage our own crypto assets in trading. Therefore, as said, there are several points that must be underlined in trading so that you can trade better. failure in trading is a natural thing, but if we fail continuously then it will only make us lose more, so be more careful.

[mahid]

You already have marked out several very much important points these are realistic knowledge which are always have to remember before trading. Here i also agree and strongly want to say that don't try to be rich in short time that is the most worst decision in the trading platform as a consequence many traders annihilated form this space.

[EthereumDev_]

when trading if you already have a very long experience such as 5 years then you can definitely have a lot of experience with cryptocurrency price movements and of course that a lot of time should be enough time to learn how to trade properly and correctly.

[LUCKMCFLY]

One of the things that if I give you a good look is that trade is not to get rich overnight, many people enter the trade looking for the best way to get rich, and when they enter with that thought they get exactly what On the contrary, because not only are they going to believe that it is possible, all the movements they make are focused on it, and the worst thing is when they realize that they do not achieve it and begin to make more mistakes, and mistakes in trading are they translate into loss of money, and that is what they ultimately achieve.

[royalfestus]

What I will like to add is;
1. Have a mind of your own, when you are trading you need to have a mind of its your own don't capitalize on people's prediction. We only have ideas of when a bull run begins not as n exact date, likewise we may not say the exact day it breaks. Once you follow your mind you have less regret.
2. Patience is Key in trading, it will be painful to see you token wasted when it can yield as much as 10times higher value. It is good to take time in studying it.

[amzexpert]

Dear, I have read your point carefully and you have used very good experience tips which you have faced in the 5 years of trading. I want to tell you about my experience a little bit that in trading never invest in one coin always try different t coins and never be scammed by the market because there are new coins which are scamming you.