Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Kizozo on January 27, 2024, 02:59:21 PM
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From my little experience in crypto, I realized that 75% of people in crypto are people that Hodl with expectation of price increase for them to take profit while about 25% Hodl and also trade crypto.
Trading crypto is not an easy task as one may lose all his/her fund overnight because of lack of requisite knowledge like technical and fundamental analysis. Not all those that venture into trading do make it but only a fraction hence the reason why copy trading has now become an integral part of most exchanges because this feature allow not only newbies but mid pro to leverage on expertise of others to get decent profit while the elite traders in turn get some commission from being followed.
Recently I discovered Bitget is giving opportunity for those that feels they have what it takes and are good enough to be part of the elite traders on their platform and this comes with exciting reward.
Do you think you have what it takes? Are you knowledgeable enough and trust your TA. This might be an opportunity to increase your presence on a global stage and get rewarded for being good at what you do.
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Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.
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Copy trading as actually help alot of newbie who have half-size knowledge about trading, but still even with copy trading you can still undergo losses because the people that are dropping the signals are humans like us they can actually tell the future of the market but due to analysing it they can only be certain percent sure.
It would be more favourable if you take your time to learn more about trading and how to handle your emotions because we Humans are emotional beings are this emotions can also impact in our trading lives either negatively or positively. But if you can manage those emotions whenever you are trading that is already a step to becoming a pro trader.
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Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.
I have never tried copy-trading because I do not believe in its effectiveness. I know there are many people who make profits and they support copy-trading, many CEX also support this feature showing demand from users for this service.
I think I'm not suitable for copy-trading because I want to self-manage and make decisions with my investments in the market. Giving my portifolio to someone else (maybe pro-traders) to make buying/selling decisions will not help me gain more experience or progress 😅
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From my little experience in crypto, I realized that 75% of people in crypto are people that Hodl with expectation of price increase for them to take profit while about 25% Hodl and also trade crypto.
These number figures you have mentioned, are they confirmed by some official source or you just making a hard guess here. Because I don't agree with you on these numbers, I think more people hold and do trading at the same time, because seeing at the adoption rate of BTC only, I can say now more people do holding + trading and that's my hard guess.
Trading crypto is not an easy task as one may lose all his/her fund overnight because of lack of requisite knowledge like technical and fundamental analysis. Not all those that venture into trading do make it but only a fraction hence the reason why copy trading has now become an integral part of most exchanges because this feature allow not only newbies but mid pro to leverage on expertise of others to get decent profit while the elite traders in turn get some commission from being followed.
You are right about copy trading, the main raeson might be that people wants to make extra bucks so mostly the newbies, who have no technical skills so they just follow other experts but they still make lose if bad selection being made.
Recently I discovered Bitget is giving opportunity for those that feels they have what it takes and are good enough to be part of the elite traders on their platform and this comes with exciting reward.
Are you trying to promote bitget here by talking about it, you can mention any name why you only mention bitget, don't you think it would be tagged as scam post?
Do you think you have what it takes? Are you knowledgeable enough and trust your TA. This might be an opportunity to increase your presence on a global stage and get rewarded for being good at what you do.
Yes, I do have what it takes to make loss haha, just kidding, I won't say I have acheived hundred percent knowledge so I can say I am well assure about my predictions or analysis. I am also struggling to make profit some times, so at such times I just hold onto my thoughts
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Copy trading as actually help alot of newbie who have half-size knowledge about trading, but still even with copy trading you can still undergo losses because the people that are dropping the signals are humans like us they can actually tell the future of the market but due to analysing it they can only be certain percent sure.
It would be more favourable if you take your time to learn more about trading and how to handle your emotions because we Humans are emotional beings are this emotions can also impact in our trading lives either negatively or positively. But if you can manage those emotions whenever you are trading that is already a step to becoming a pro trader.
Yes copy trading is actually good if you follow the rules, to be an elite trader, you need to be super skilled in your craft. Please OP, any link to this opportunity?
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Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.
I have never tried copy-trading because I do not believe in its effectiveness. I know there are many people who make profits and they support copy-trading, many CEX also support this feature showing demand from users for this service.
I think I'm not suitable for copy-trading because I want to self-manage and make decisions with my investments in the market. Giving my portifolio to someone else (maybe pro-traders) to make buying/selling decisions will not help me gain more experience or progress 😅
We're same, I have never tried copy trading but I learned a strategy to find the best master trader. Even though I have that knowledge, I still not convinced to rely my funds to their trades. I'm not saying I don't trust them, it's just feels different if you trade your own money ;D
No matter if I'm encounter loses at least I learn something new in my trading journey, and also I have enough time to analyze the market.
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No matter if I'm encounter loses at least I learn something new in my trading journey, and also I have enough time to analyze the market.
I can still remember how awful I feel trading on my own as newbie. I think copy trading will be very helpful to newbies cos it help minimizing lose while learning from the copied trade. I also started with copy trading before trading on my own.
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Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.
Finding the master trader to copy is very essential in copy trading like you have rightly said and its not difficult to know. Personally i dont advise anyone to do try by error with their funds simply because they want to learn how to trade on their own, copy trading is also an avenue for new traders to learn and develop their trading skill. If someone can make 70 : 30 gain to loss, i think its a fair deal cos no one can be 100% accurate when it comes to trading. It is also very essential that futures trading is where the money is for traders and it's quite very risky for someone just kickstarting his/her trading journey hence the reason why copy trading is still a very viable option.
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Copy trading as actually help alot of newbie who have half-size knowledge about trading, but still even with copy trading you can still undergo losses because the people that are dropping the signals are humans like us they can actually tell the future of the market but due to analysing it they can only be certain percent sure.
It would be more favourable if you take your time to learn more about trading and how to handle your emotions because we Humans are emotional beings are this emotions can also impact in our trading lives either negatively or positively. But if you can manage those emotions whenever you are trading that is already a step to becoming a pro trader.
Being a pro trader is beyond just managing emotions, they under several courses like risk management and the likes to be able to make good decision. Talking about managing emotions, BOT trading is also another option many people are exploring. What i have realised is that majority of people utilizing the copy trading features are using it to gain passive income as they do not have time to study charts and to TA prolly because they are occupied with their daily jobs which is fair for them but that doesnt mean they are the only set of people exploring the features but for those that want to go into full time trading, it is advisable to know how to execute trades on their own but could also start by copying several elite traders to gain practical knowledge.
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From my little experience in crypto, I realized that 75% of people in crypto are people that Hodl with expectation of price increase for them to take profit while about 25% Hodl and also trade crypto.
These number figures you have mentioned, are they confirmed by some official source or you just making a hard guess here. Because I don't agree with you on these numbers, I think more people hold and do trading at the same time, because seeing at the adoption rate of BTC only, I can say now more people do holding + trading and that's my hard guess.
Trading crypto is not an easy task as one may lose all his/her fund overnight because of lack of requisite knowledge like technical and fundamental analysis. Not all those that venture into trading do make it but only a fraction hence the reason why copy trading has now become an integral part of most exchanges because this feature allow not only newbies but mid pro to leverage on expertise of others to get decent profit while the elite traders in turn get some commission from being followed.
You are right about copy trading, the main raeson might be that people wants to make extra bucks so mostly the newbies, who have no technical skills so they just follow other experts but they still make lose if bad selection being made.
Recently I discovered Bitget is giving opportunity for those that feels they have what it takes and are good enough to be part of the elite traders on their platform and this comes with exciting reward.
Are you trying to promote bitget here by talking about it, you can mention any name why you only mention bitget, don't you think it would be tagged as scam post?
Do you think you have what it takes? Are you knowledgeable enough and trust your TA. This might be an opportunity to increase your presence on a global stage and get rewarded for being good at what you do.
NOT a promotion buddy, it's an offer currently open to elite traders on the platform and if i don't mention the name of the exchange, how would individual interested in it guess or navigate their way there. Hope you understand the reason mate.
Yes, I do have what it takes to make loss haha, just kidding, I won't say I have acheived hundred percent knowledge so I can say I am well assure about my predictions or analysis. I am also struggling to make profit some times, so at such times I just hold onto my thoughts
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Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.
It is for this reason that traders who want to use copytrading strategy are advised to research about the pro-traders they intend to copy. If they have more successful trade history, then it's worth copying such traders.
I have never tried copy-trading because I do not believe in its effectiveness. I know there are many people who make profits and they support copy-trading, many CEX also support this feature showing demand from users for this service.
I think I'm not suitable for copy-trading because I want to self-manage and make decisions with my investments in the market. Giving my portifolio to someone else (maybe pro-traders) to make buying/selling decisions will not help me gain more experience or progress 😅
As much as I want to be a self reliant trader, I do not have the time to study and practice. That's why copytrading is super efficient for me.
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Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.
It is for this reason that traders who want to use copytrading strategy are advised to research about the pro-traders they intend to copy. If they have more successful trade history, then it's worth copying such traders.
I have never tried copy-trading because I do not believe in its effectiveness. I know there are many people who make profits and they support copy-trading, many CEX also support this feature showing demand from users for this service.
I think I'm not suitable for copy-trading because I want to self-manage and make decisions with my investments in the market. Giving my portifolio to someone else (maybe pro-traders) to make buying/selling decisions will not help me gain more experience or progress 😅
As much as I want to be a self reliant trader, I do not have the time to study and practice. That's why copytrading is super efficient for me.
I understand what you are trying to say the only reason why I just implied that you should be your own personal signals. So that you won't have to fully rely on copy trading and I know that most of this individuals that giving the signals are pros but being a pro doesn't mean you can see the future of the market crystal clear. They all ones where newbies who undergo losses too. They are only pros because they take their time to study more about the market and that knowledge have helped them in making most of their prediction certain percent sure.
But still if you are actually gaining from copy trading is not bad aslong you are accumulating some good profit (eventhough they are certain losses). Is still advisable that ones in a while you should alway try and improve your own trading skills you don't have to give it all your time. As they say trading is one of the hardest way to make money. So even when yah using copy trading losses can never be negligible.
@Kizozo I seems like you made a mistake quoting some posts, I know is mistakes anyone can make, always careful with The. Modify, quote icons.
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Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.
It is for this reason that traders who want to use copytrading strategy are advised to research about the pro-traders they intend to copy. If they have more successful trade history, then it's worth copying such traders.
I have never tried copy-trading because I do not believe in its effectiveness. I know there are many people who make profits and they support copy-trading, many CEX also support this feature showing demand from users for this service.
I think I'm not suitable for copy-trading because I want to self-manage and make decisions with my investments in the market. Giving my portifolio to someone else (maybe pro-traders) to make buying/selling decisions will not help me gain more experience or progress 😅
As much as I want to be a self reliant trader, I do not have the time to study and practice. That's why copytrading is super efficient for me.
I understand what you are trying to say the only reason why I just implied that you should be your own personal signals. So that you won't have to fully rely on copy trading and I know that most of this individuals that giving the signals are pros but being a pro doesn't mean you can see the future of the market crystal clear. They all ones where newbies who undergo losses too. They are only pros because they take their time to study more about the market and that knowledge have helped them in making most of their prediction certain percent sure.
But still if you are actually gaining from copy trading is not bad aslong you are accumulating some good profit (eventhough they are certain losses). Is still advisable that ones in a while you should alway try and improve your own trading skills you don't have to give it all your time. As they say trading is one of the hardest way to make money. So even when yah using copy trading losses can never be negligible.
You're absolutely right. Copytrading comes with some losses too but like I said earlier on regarding researching the pro-trader one intend to copy, if the profit exceeds the gains then that's good enough.
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Copy trading helps you make a trade without doing analysis in the market. This is good to traders who don't have time to TA and those who have difficulties at making profit. If you know how to find the best master trader, you can be sure that you can make profit with it. I have friend who copy trade and he made a lot of profit. He said that his strategy is to check the previous performance of the trader before copying his trades. However, master trader is just like us who make loses in trading, so it's still risky. If you have enough time in trading and can manage to be profitable, then there's no reason to risk with them.
It is for this reason that traders who want to use copytrading strategy are advised to research about the pro-traders they intend to copy. If they have more successful trade history, then it's worth copying such traders.
I have never tried copy-trading because I do not believe in its effectiveness. I know there are many people who make profits and they support copy-trading, many CEX also support this feature showing demand from users for this service.
I think I'm not suitable for copy-trading because I want to self-manage and make decisions with my investments in the market. Giving my portifolio to someone else (maybe pro-traders) to make buying/selling decisions will not help me gain more experience or progress 😅
As much as I want to be a self reliant trader, I do not have the time to study and practice. That's why copytrading is super efficient for me.
I understand what you are trying to say the only reason why I just implied that you should be your own personal signals. So that you won't have to fully rely on copy trading and I know that most of this individuals that giving the signals are pros but being a pro doesn't mean you can see the future of the market crystal clear. They all ones where newbies who undergo losses too. They are only pros because they take their time to study more about the market and that knowledge have helped them in making most of their prediction certain percent sure.
But still if you are actually gaining from copy trading is not bad aslong you are accumulating some good profit (eventhough they are certain losses). Is still advisable that ones in a while you should alway try and improve your own trading skills you don't have to give it all your time. As they say trading is one of the hardest way to make money. So even when yah using copy trading losses can never be negligible.
You're absolutely right. Copytrading comes with some losses too but like I said earlier on regarding researching the pro-trader one intend to copy, if the profit exceeds the gains then that's good enough.
yeah that is good enough, is always great to discuss about trading with a fellow traders irrespective of their stats ;D we can keep learning from each other, so try and gather good knowledge about trading so that you can continue impacting in others :D
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We're same, I have never tried copy trading but I learned a strategy to find the best master trader. Even though I have that knowledge, I still not convinced to rely my funds to their trades. I'm not saying I don't trust them, it's just feels different if you trade your own money ;D
No matter if I'm encounter loses at least I learn something new in my trading journey, and also I have enough time to analyze the market.
I also don't want to use copy-trade, I use DCA and don't need copy-trade services even though they are quite popular and famous. Copy-trade is an attractive suggestion for most people because it can use the experience and knowledge of experts, but most of my friends only have losses when applying copy-trade. Meanwhile I only DCA BTC also get stable profits in the long term 8)
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From my little experience in crypto, I realized that 75% of people in crypto are people that Hodl with expectation of price increase for them to take profit while about 25% Hodl and also trade crypto.
These number figures you have mentioned, are they confirmed by some official source or you just making a hard guess here. Because I don't agree with you on these numbers, I think more people hold and do trading at the same time, because seeing at the adoption rate of BTC only, I can say now more people do holding + trading and that's my hard guess.
Trading crypto is not an easy task as one may lose all his/her fund overnight because of lack of requisite knowledge like technical and fundamental analysis. Not all those that venture into trading do make it but only a fraction hence the reason why copy trading has now become an integral part of most exchanges because this feature allow not only newbies but mid pro to leverage on expertise of others to get decent profit while the elite traders in turn get some commission from being followed.
You are right about copy trading, the main raeson might be that people wants to make extra bucks so mostly the newbies, who have no technical skills so they just follow other experts but they still make lose if bad selection being made.
Recently I discovered Bitget is giving opportunity for those that feels they have what it takes and are good enough to be part of the elite traders on their platform and this comes with exciting reward.
Are you trying to promote bitget here by talking about it, you can mention any name why you only mention bitget, don't you think it would be tagged as scam post?
Do you think you have what it takes? Are you knowledgeable enough and trust your TA. This might be an opportunity to increase your presence on a global stage and get rewarded for being good at what you do.
Yes, I do have what it takes to make loss haha, just kidding, I won't say I have acheived hundred percent knowledge so I can say I am well assure about my predictions or analysis. I am also struggling to make profit some times, so at such times I just hold onto my thoughts
Since you have the requisite knowledge and trading skill, i think trading more often or joining forces with other top traders could help you achieve pro status in trading. Perhaps you may wanna check the event to see how it can also help you see other elite traders performance and maybe possibly learn better.
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Copy trading as actually help alot of newbie who have half-size knowledge about trading, but still even with copy trading you can still undergo losses because the people that are dropping the signals are humans like us they can actually tell the future of the market but due to analysing it they can only be certain percent sure.
It would be more favourable if you take your time to learn more about trading and how to handle your emotions because we Humans are emotional beings are this emotions can also impact in our trading lives either negatively or positively. But if you can manage those emotions whenever you are trading that is already a step to becoming a pro trader.
Yes copy trading is actually good if you follow the rules, to be an elite trader, you need to be super skilled in your craft. Please OP, any link to this opportunity?
Sure..here you go
https://www.bitget.com/events/activities/6e45bb156f9a559d8c65f2dda1bababc?color=blue
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I also don't want to use copy-trade, I use DCA and don't need copy-trade services even though they are quite popular and famous. Copy-trade is an attractive suggestion for most people because it can use the experience and knowledge of experts, but most of my friends only have losses when applying copy-trade. Meanwhile I only DCA BTC also get stable profits in the long term 8)
Well, DCA does provide certainty for traders and has the opportunity for investors to analyze more deeply because DCA helps investors or traders focus on long-term trading and not be affected by very fluctuating market conditions. So trading using DCA will indeed be safer and more enjoyable.
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We should always remember that altcoin is moving with the market and market is moving with Bitcoin. As we can say bitcoin is the king of the market if Bitcoin is stable then your analysis will work if the price of Bitcoin is not stable then your analysis is of no use. So first of all keep watching on Bitcoin should see what Bitcoin is going to do next . if Bitcoin is moving forward then you know are going to succeed if Bitcoin is not going to move forward. So, all the altcoins that are there will move with it, they will come down.
I think first of all you have to search only the top 100 coins, if we only search the top 100 coins that are there. And and we also search for the best coins which are fundamentally strong project. After that we can invest in it. And our analysis will work properly due to market situation.
Whenever your analysis is successful so many rewards are getting ready because most exchanges are giving same opportunity like bitget.
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- All exchanges provide opportunities to traders. Then you don't need to be a pro trader just to say that you are making a profit. I'm not a pro trader, but I get profit from my trading activity every week that passes. It's not big, but at least I have earnings coming in.
That means, even if we have different reasons why we trade, the aim is the same, and that is to get profit from crypto trading. There is no other reason besides what I have said.
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If a trader or an investor thinks that if he trades he may lose his money, if he thinks like that, that trader or that investor will not dare to trade or invest at all. Those who are investors have to accept and accept that there is definitely a risk of money in where they are investing. If he can't risk money then how does he expect to make money by investing. A pro traders trading will get his due reward only when he knows the business very well, has enough patience and who has proper knowledge about the business. Whenever a trader is able to accept these things and be patient and trade at the right time, then he will be able to earn the expected money as a reward at the end of each successful trade.
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- All exchanges provide opportunities to traders. Then you don't need to be a pro trader just to say that you are making a profit. I'm not a pro trader, but I get profit from my trading activity every week that passes. It's not big, but at least I have earnings coming in.
That means, even if we have different reasons why we trade, the aim is the same, and that is to get profit from crypto trading. There is no other reason besides what I have said.
I really like your way of thinking. What you say shows that you are a person who dares to take risks. Of course, maybe you can share information about the coins you use for trading so that profits can be obtained together, but if you look at the conditions of the exchange, Currently, it seems like many big coins are going up, and many are making a profit.