Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: yousufatik20 on October 28, 2018, 09:08:07 AM
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Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
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It is really up to you to decide. People's opinion will not matter because you are the one to assume your responsibility. But yes, I think daily trading is so hard as it requires skills and being vigilant and alert about the market. So, if you are better at trading and it seems to be your unlucky day, then take a short break and observe the market again. You should make an effort and be patient if you want to have a good result.
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It should be known that in most cases, the CryptoCurrency market produces a 50-50 possible comparison for success. For that, you can be more patient and wait for trade opportunities to get trades that have larger presentations that will be more successful than considering the high crypto market. You can see a wiser market condition by looking at your trading strategy algorithm, and please also note that even though you do quality trading with the best strategy, there are still no guarantees for you to get success continuously.
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Trading is good ideas. But trading is not easy to use. So you know the trading information and rules and regulations follow it. Then easy to handle the trading, But times important of the trading. So time to complete the trading process. Trading is good profit investment. If you understand that. So check the marketplace coin list and price list. If the price is down then invested. Trading is most of the connected. So people easy to share the information.
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When you buy Bitcoin as well as Altcoin and keep them in your wallet. The problem is that you sell it when it is the best and the answer would be if when we compare the price at the time of purchase and the present moment the difference is good for now i think you should sell and collect about profits. It is important that you catch the good price and this depends on your ability to evaluate the market.
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I always think of risk when trading and when I hold a coin for a long time it is very pleasant when the price actually rises. Trading experience is needed to make a profit and now I trade at a certain time because each country has a different time. Market movements on the exchange are very difficult to predict because coin prices are rapidly changing.
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when the price has gone up high then we buy it at a price below it. In this way, I can get a profit, bro. moreover someone sells their assets with Panic. instead it becomes an opportunity to gain profit
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Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
Based on what you said it seems you have experienced a bull market and bear market, not all traders dare to enter the bear market except for scalping techniques. This will be risky when trading with passion because the market will deceive you quickly. You must determine a strategy and be smart to count between buying orders and selling orders, so you will be able to determine a good decision to buy or sell.
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i would love to exit the market when the bag is already full.. but seems that time is yet to come. my investment was not in good position to quit nowadays. i have come to cross so many events that leads my decision to quit but if i do now. i wouldn't getting anything so i am here to stay.. Until such time I'll be seeing my portfolio full that's the time to call for a quit. The usual bull run is yet to come usually in the year end so I'll be here to witness that event that might change my financial situation.
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For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
I don't get this. Why should a day trader avoid exiting when he/she is already down? Day traders are not meant to hold when at a loss, it is better to set up a stop loss to prevent further losses and move on the next trade.
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It ought to be realized that much of the time, the Cryptocurrency advertise produces a half half conceivable examination for progress. For that, you can be more patient and sit tight for exchange chances to get exchanges that have bigger introductions that will be more effective than considering the high crypto advertise. You can see a smarter economic situation by taking a gander at your exchanging system calculation, and please likewise take note of that despite the fact that you do quality exchanging with the best procedure, there are still no assurances for you to get achievement persistently.
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In crypto, it is quiet difficult to determine when exactly you can make huge profit. But there are times when you sell a coin, then the price shoots up within the next two hours or days. It takes a specific target to sell your coin and you don't have to be hurt if it turns out that way.
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I will sell long positions if I get profit between 2-5%, because I do not target a lot of profit for each transaction. But I did several transactions a day.
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The time is the decision that you can make in this market. You can determine a percent profit to take as the time limit since this is the exit point of yours.
For me, I am most of the ICO person, so I aim for more x's, like 10x min.