5 Things I have learned in 5 years of trading!

[Istiak]

4)   Trading of any type is NOT A GET RICH QUICK SCHEME! It takes time for the above reasons to first learn the basics and then formulate a strategy, test it thoroughly and implement it.



What else have you all learned in your time trading?

I totally agree with you about this. Many people expect 2X to 10X overnight from a project. But in crypto, the most project goes 100X from their ICO or IDO price but it still takes time. You need to have patience and holding power to get maximum profits from any project in crypto. Another weird thing I have learned from crypto is that sometimes it doesn't matter a project is strong in a use case or not if it has community supports. Crypto is still small in users compare to earth population. So its easy to manipulate.

[Gurujebs]

I laugh so hard when I see people follow some influencers and telegram claimed guru who have small experience in trading began to dish out advices.
I believe in one philosophy, when I try something and it think work, I will want to get that thing until it work out, that strategy has help me out in trading and I am able to learn the basic of trading.
Don't allow anybody to do it for you, start with small capital and you are good to go.

[kulkhan]

Great information, i think this fantastic information will be very Helpful for a traders. If anyone follow this 5 things he will be benefited from trading. I think without proper knowledge trading is very risky. And any person will loss his valuable fund if he trade without proper knowledge. So af anyone want to trade at first he need to learn more and More then start trading. Then he will Be successful in trade.

[pieppiep]

In my opinion trading on cryptocurrencies does not find a broker system, all bitcoin trading has price movements depending on the interaction between buyers and sellers on the exchange, patience is an important thing that I think should be emphasized if you can't control your patience it will make it difficult for you to make a profit.

[Prime]

Wow, you must have your best experience so  far with that experience.
And so far, I am still doing train gin the Spot market. Because it is less risks that in the future trading.
I think I have no  problem with only getting small or enough profits.
But now, I really want to try future trading.  And yes, trading will teach us many things

[xeroz]

Five very good points. I myself have learned a lot to better control my emotions through trading. Where my patience was tested here, my mental health was also tested because I encountered a down and pump market situation. Be not greedy because this cryptocurrency is hard, don't take the wrong step if you want to keep going. And do not look at the professionals or beginners because all control is in your own hands.

[dekafee79]

Five very good points. I myself have learned a lot to better control my emotions through trading. Where my patience was tested here, my mental health was also tested because I encountered a down and pump market situation. Be not greedy because this cryptocurrency is hard, don't take the wrong step if you want to keep going. And do not look at the professionals or beginners because all control is in your own hands.

Control emotions is the key as trader.
It's really difficult than just learn chart, signal etc.
Because We must manage emotions, don't be greedy and have target.

[Octoalts]

Everyone has their own way of determining success in Crypto trading, and all of that will be done according to the basics obtained by each person. I myself have been learning trading for a long time, but I'm not very good at it either. I think emotional control is very important, patient and not easily influenced by other people's persuasion.

[vegasus]

Control emotions is the key as trader.

It is one of the keys to being successful in trading. However, it is not as easy as we think, controlling emotion weel needs a long time. For a new trader, it can be very difficult because it is a natural attitude. Everyone must have emotion, especially if he sees bad things, he must emotional on it.

[Bliznec]

Great information, i think this fantastic information will be very Helpful for a traders. If anyone follow this 5 things he will be benefited from trading. I think without proper knowledge trading is very risky. And any person will loss his valuable fund if he trade without proper knowledge. So af anyone want to trade at first he need to learn more and More then start trading. Then he will Be successful in trade.

The main thing is not to fall for the tricks of the Guru. Who just wants to take your deposit. Especially newcomers to the cryptocurrency market face such actions. I also found out about fake coins that attract traders to buy - it loses a lot of profit. Explore the best cryptocurrency exchanges.

[Manna]

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

[gabbie2010]

I agreed on all your write up, infact I tried all kinds of trading strategies mostly obtained from forexfactory and don't usually work for me until I realized that I just need to sticked with one of those strategy work on my emotion and twick it to suite my trading style and I also agreed that trading is not a get rich quickly profession my mindset set in trading is to earn some extra source of income from the profits to support my day job earnings.

[bitbit97]

I cant name 5 things (frankly speaking I can, but it will take time to name all 5), but surely trading taught me not to rush and an rely only on my own decisions and predictions. Never listen to anyone. All the forecasts that the price will go here and there are lies.

[Cleanerbd]

You have to learn everything to trade. But you have to understand how the coin's fluctuate in order to trade. Know all the information of the coin. Because a lot of information can increase the value of the coin.

[Beattysuhita]

The more trading knowledge we learn, the smarter our knowledge will be to trade Crypto. 
But trading Crypto is difficult, sometimes the coins we buy suddenly drop in price, and vice versa. 
Therefore, in trading Cryptocurrency, high concentration is needed, so that we are right in making choices and minimizing losses.