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Author Topic: don't wait so much on the market.  (Read 12052 times)

Offline pelana vreo

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Re: don't wait so much on the market.
« Reply #75 on: December 17, 2020, 08:27:12 AM »
Getting profit while trading is not as easy as we imagine, it takes a lot of time and initial capital to do market analysis of the crypto coins we hold, understanding a little trading basics and doing it slowly is a decision that needs to be taken, because every trader will have risks. and they will learn from many experiences.

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Re: don't wait so much on the market.
« Reply #75 on: December 17, 2020, 08:27:12 AM »

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Offline GREENch85

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Re: don't wait so much on the market.
« Reply #76 on: December 17, 2020, 08:47:24 AM »
About six months ago, I came across an article in which the author conducted a comparative analysis of his trading activities and what would have happened if he had initially invested all his funds in bitcoin. To sum up, HODL definitely wins over the long distance.

Offline Bony11

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Re: don't wait so much on the market.
« Reply #77 on: December 17, 2020, 11:28:39 AM »
I think if you want to invest in cryptocurrency, you have to keep an eye on the market, because the price of tokens in the market is constantly rising or falling.  Investors need to invest regularly rather than waiting for the market to keep an eye on them.  It is better to make short term investment than long term investment.
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Offline The Legend

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Re: don't wait so much on the market.
« Reply #78 on: December 17, 2020, 07:54:24 PM »
Summary: take it easy and take your profit whenever you see it. don;t be too greedy.

Totally agreed with you. Even big traders also follow this pattern. If there is 5-10% profit just take it and leave otherwise you can loose it all. Greediness can empty your portfolio completely.

Offline dragonvslinux

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Re: don't wait so much on the market.
« Reply #79 on: December 17, 2020, 08:08:26 PM »
Summary: take it easy and take your profit whenever you see it. don;t be too greedy.

Totally agreed with you. Even big traders also follow this pattern. If there is 5-10% profit just take it and leave otherwise you can loose it all. Greediness can empty your portfolio completely.

It's indeed good advise. Any traders playing the break-out in the short-term from $20K for example, I hope they have taken their profits, or at least some of them already. Personally I'm a dip buyer so at the moment this means selling a bit of BTC around $23K in order to put into Ethereum at a nice discount. Each to their own though. Buying I don't like buying tops but others do  :)
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Offline Quart

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Re: don't wait so much on the market.
« Reply #81 on: December 17, 2020, 11:16:23 PM »
Yes, we don't be greedy. We don't need to set a too high target in investment or trading. If we already see it is enough to have the profits from our crypto assets, then we can consider to sell our crypto assets gradually. It is important to prevent a sudden drop, so don't wait a too long time.

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Re: don't wait so much on the market.
« Reply #81 on: December 17, 2020, 11:16:23 PM »


Offline debra

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Re: don't wait so much on the market.
« Reply #82 on: December 17, 2020, 11:35:19 PM »
The wait will depend on the condition that happened in the market. Sometimes, we are too long to wait so that we can lose our gain and also lose our funds at all. If you decide to wait, make a certain target in order to be more careful. The market is changing and very pretentive.
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Offline GREENch85

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Re: don't wait so much on the market.
« Reply #83 on: December 18, 2020, 10:58:36 AM »
One way or another, market movements are a sine wave, and a successful crypto investor/trader differs from a "hamster" in that he can distinguish between the time periods when to buy and when to sell. Nothing complicated, but many (including me) It doesn't work that way))

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Re: don't wait so much on the market.
« Reply #84 on: December 18, 2020, 02:48:47 PM »
Summary: take it easy and take your profit whenever you see it. don;t be too greedy.

3 years ago we did not listen this kind of advices and lost great profit.  Cryprocurrencies have a brilliant future but for now you need to have fiat money to live.
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Re: don't wait so much on the market.
« Reply #85 on: December 18, 2020, 02:59:41 PM »
I lost my many fund for my mistake. I bought some coins when their price was low, but after my investing when the coins price has pump, then i don’t sell my coin, i waiting for more benifit. But next day when i checked the price i see the coin price again dumped. Then i waiting some day, but the price hasn’t more increase. Then i sell my coins with bad price.

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Re: don't wait so much on the market.
« Reply #86 on: December 18, 2020, 03:54:17 PM »
Getting profit while trading is not as easy as we imagine, it takes a lot of time and initial capital to do market analysis of the crypto coins we hold, understanding a little trading basics and doing it slowly is a decision that needs to be taken, because every trader will have risks. and they will learn from many experiences.

Certainly, you are correct mate, Some think that doing trade is easy just setting it into sell and buy that's okay, that's what they think but the truth is not! as traders We need to be patient particularly if you are just a newbie here. We also need to learn how to analyze the motion in the chart graph as well so that We could have at least an idea of when to buy and sell of course.
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Offline Istiak

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Re: don't wait so much on the market.
« Reply #87 on: December 18, 2020, 04:00:16 PM »
A lot of traders has claimed that they have made huge returns in this current market and alot keep displaying there rewards on social media platforms. Alot been said about fakers that believed in Fake it till you make it. it is neccessary for newbies to understand that not everything been displaced on the social media is true. be mindful of what you see to avoid loosing your funds.

Summary: take it easy and take your profit whenever you see it. don;t be too greedy.

A smart trader always books their profit when they are in profit. I have a unique strategy to do that. If you are 10% up from your entry then sell half of your investments and use stop loss for the remaining half in the break-even points. Now lift your stop loss as long as the market goes up. This way you can minimize your loss and at the same time book your profit.
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Offline masudginanjar

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Re: don't wait so much on the market.
« Reply #88 on: December 19, 2020, 08:03:57 AM »
I think that cryptocurrency traders should be even more secretive about their assets, let alone the outcome of cryptocurrency trading.
Because of that reason for security, even the first cryptocurrency creator kept himself a secret until now for the convenience of his life.

So, if we trade and profit from cryptocurrency trading, it must be kept secret, don't be arrogant to spit out our profits on social media.
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Re: don't wait so much on the market.
« Reply #89 on: December 19, 2020, 11:40:13 AM »
Summary: take it easy and take your profit whenever you see it. don;t be too greedy.

3 years ago we did not listen this kind of advices and lost great profit.  Cryprocurrencies have a brilliant future but for now you need to have fiat money to live.

Generally, yes. Cryptocurrencies have a brilliant future but not all cryptos have a bright future. There are some coins that cannot overcome the competition in the market and then died. Some are living strong  and staying in the market in a good place. Once you define the project is good then hold on but if not, then do not support. Buy the potential and sell the shitcoins.
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