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Author Topic: Don't be in a Rush  (Read 15758 times)

Offline bayiajaib

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Re: Don't be in a Rush
« Reply #135 on: August 16, 2024, 09:41:59 PM »
In trading one needs time to learn about it, is not something to rush the reason a lot of people go into trading and lose a lot is because they rush into trading, they didn't calm down to learn about trading, I know someone that was learning how to trade he was to learn it for 2 months but he didn't complete it he believed he has learnt enough so he started trading and he also started losing he lost a lot of money and that made him to give up, one needs to calm down and learn trading very well.
There are still people that has learnt about trading very well and are doing very well but they still lose, some will lose to the extent that they will give up, however giving up in trading may not be the best I believe the longer you stay in trading the more experience you become, I have a friend that was losing in trading but now his gaining more than his losing the reason is because he is now more experience.

Trading is very difficult and very technical if you are not careful with trading it will make you depressed because of loses, so one don't have to rush trading because if you rush it then it will bring you down.
In trading, you need to focus on doing research and understanding the character of each coin that we choose to trade. Trading seems easy, but if we have entered it, it is not as easy as we imagine, because it requires experience and expertise in making technical and fundamental analysis. Many people are successful in trading, but it takes a long time to become a professional trader.
I have traded several times in between my time working in the real world, you are right that trading is not easy, especially to become a professional trader, you need time to gain experience and knowledge about trading. learning coin characters as many people suggest here, this is not easy.
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Re: Don't be in a Rush
« Reply #135 on: August 16, 2024, 09:41:59 PM »

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Re: Don't be in a Rush
« Reply #136 on: August 21, 2024, 11:36:33 PM »
I have traded several times in between my time working in the real world, you are right that trading is not easy, especially to become a professional trader, you need time to gain experience and knowledge about trading. learning coin characters as many people suggest here, this is not easy.
Most people will agree that trading isn't something easy. Moreover, you have lack of time to trade if you are busy with your jobs in real life. I think it is better to focus on investment only if you have no much time for trading. You will be hard to be a professional trade if you can't focus on it, no professional traders who only trade at a free time. As far as I know, those professional traders are the people who really dedicate their time for trading. But for investment, it is no problem to have limited time. For a long term holder, it doesn't need to monitor the market every time.

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Re: Don't be in a Rush
« Reply #136 on: August 21, 2024, 11:36:33 PM »

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Offline satpol_PP

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Re: Don't be in a Rush
« Reply #137 on: August 22, 2024, 07:56:57 AM »
I have traded several times in between my time working in the real world, you are right that trading is not easy, especially to become a professional trader, you need time to gain experience and knowledge about trading. learning coin characters as many people suggest here, this is not easy.
Most people will agree that trading isn't something easy. Moreover, you have lack of time to trade if you are busy with your jobs in real life. I think it is better to focus on investment only if you have no much time for trading. You will be hard to be a professional trade if you can't focus on it, no professional traders who only trade at a free time. As far as I know, those professional traders are the people who really dedicate their time for trading. But for investment, it is no problem to have limited time. For a long term holder, it doesn't need to monitor the market every time.
For long term holders as long as they buy during a bearish market we will be safe to hold long term. At least we know when the bearish season is because we always follow a 4 year cycle. We only buy coins that are good for long-term holding and hold them until the bullish season, we don't need to focus and always look at the market, just wait, like me this time, just wait until the beginning of next year for the possibility of a bullish season occurring.

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Re: Don't be in a Rush
« Reply #138 on: August 22, 2024, 11:43:44 PM »
For long term holders as long as they buy during a bearish market we will be safe to hold long term. At least we know when the bearish season is because we always follow a 4 year cycle. We only buy coins that are good for long-term holding and hold them until the bullish season, we don't need to focus and always look at the market, just wait, like me this time, just wait until the beginning of next year for the possibility of a bullish season occurring.
Although this does require patience and a high level of trust, but if it is indeed in a potential and large coin, then the long-term holding that we buy when it is bearish and sold in the bullish era, will certainly provide investment results that are very worthwhile. Especially if at the time the price is really at the lowest point of the bearish, then the profit will be much higher. However, we do have to make sure which coins are worth it for the long term, because not all of them can. At least, we have to take the top coins, and for number one, of course Bitcoin, let's just see how many times the price has increased since the price dropped in the bearish era previously. So, be patient. 

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Re: Don't be in a Rush
« Reply #139 on: August 23, 2024, 05:03:11 AM »
Good topic....this is actually an important lesson... after the incident that my friend's assets were liquidated from Binance Future, I tried to learn from it, that rushing is not good....

The first time a beginner jumps in to try trading, they are usually attracted to the screenshots of a professional trader shared on social media... "+400% ROI in 15 minutes" people who don't know how the mechanism works, might immediately think of doing the same thing... even though future trading is not as easy as imagined... with little knowledge, then applying high leverage even up to 20x, the potential for liquidation is easier to occur... the methods used are sometimes the same, but the strategy in making decisions for experienced people compared to beginners, of course has a very contrasting difference... that's why in this simple topic, there is actually a very valuable lesson.

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Re: Don't be in a Rush
« Reply #140 on: August 23, 2024, 02:51:08 PM »
In trading one needs time to learn about it, is not something to rush the reason a lot of people go into trading and lose a lot is because they rush into trading, they didn't calm down to learn about trading, I know someone that was learning how to trade he was to learn it for 2 months but he didn't complete it he believed he has learnt enough so he started trading and he also started losing he lost a lot of money and that made him to give up, one needs to calm down and learn trading very well.
There are still people that has learnt about trading very well and are doing very well but they still lose, some will lose to the extent that they will give up, however giving up in trading may not be the best I believe the longer you stay in trading the more experience you become, I have a friend that was losing in trading but now his gaining more than his losing the reason is because he is now more experience.

Trading is very difficult and very technical if you are not careful with trading it will make you depressed because of loses, so one don't have to rush trading because if you rush it then it will bring you down.
In trading, you need to focus on doing research and understanding the character of each coin that we choose to trade. Trading seems easy, but if we have entered it, it is not as easy as we imagine, because it requires experience and expertise in making technical and fundamental analysis. Many people are successful in trading, but it takes a long time to become a professional trader.
I have traded several times in between my time working in the real world, you are right that trading is not easy, especially to become a professional trader, you need time to gain experience and knowledge about trading. learning coin characters as many people suggest here, this is not easy.

trading requires precision and punctuality in my opinion, it is not easy to do, sometimes theory is easier compared to reality in the field,

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Re: Don't be in a Rush
« Reply #141 on: August 23, 2024, 06:05:24 PM »
Trading requires learning from the basic and consistent lesson from experienced traders or instructor d. It is not advisable to jump into trading without good knowledge of how the market works. Some people think that they can just buy coin at any time with no knowledge of entry positions or exit.
Honestly, there are trading lessons which requires basic knowledge and understanding such as Trends, chart patterns, technical and fundamental analysis, moving averages etc. Trading involves continuity to enhance your experience.

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Re: Don't be in a Rush
« Reply #141 on: August 23, 2024, 06:05:24 PM »


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Re: Don't be in a Rush
« Reply #142 on: August 23, 2024, 06:37:23 PM »
Trading requires learning from the basic and consistent lesson from experienced traders or instructor d. It is not advisable to jump into trading without good knowledge of how the market works. Some people think that they can just buy coin at any time with no knowledge of entry positions or exit.
Honestly, there are trading lessons which requires basic knowledge and understanding such as Trends, chart patterns, technical and fundamental analysis, moving averages etc. Trading involves continuity to enhance your experience.
Actually you could really be able to make yourself that self learned and not really that needing up some intrsuctors or mentors about on learning trading. It would really be that just that depending on you because not all would really be that wanting on having that self learn path but rather they would really be loving on having a mentor on which it isnt really that bad option neither.
As long you could really be able to pay up for those sub fees or whatever fee it would be then it would really be just that fine. There are really just those individuals who
cant be able to learn up things on their own.

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Re: Don't be in a Rush
« Reply #143 on: August 25, 2024, 10:27:15 PM »
Trading should never be rushed. It is a matter of learning. Without sufficient knowledge about it, it is never possible to profit in trading. And in the hope of more profit, one should not do something that leads to more loss.  Trading should always be done with discretion. And if someone does futures trading in the beginning, the possibility of loss will be high.
Trading is the work of experts. Therefore, you should make yourself an expert before trading. And futures trading cannot be done in the beginning.  Increase your skills through spot trading.

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Re: Don't be in a Rush
« Reply #144 on: August 26, 2024, 01:46:06 PM »
Trading should never be rushed. It is a matter of learning. Without sufficient knowledge about it, it is never possible to profit in trading. And in the hope of more profit, one should not do something that leads to more loss.  Trading should always be done with discretion. And if someone does futures trading in the beginning, the possibility of loss will be high.
Trading is the work of experts. Therefore, you should make yourself an expert before trading. And futures trading cannot be done in the beginning.  Increase your skills through spot trading.
You are absolutely right, trading is a sensitive thing where money is lost if you don't trade accurately. Trading is not a matter of haste, once the opportunity is lost, there is no need to worry, the opportunity will come again, but if you lose money due to haste, it will not come back. Make yourself perfect first, learn all about trading and improve your skills. And trade properly.
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Re: Don't be in a Rush
« Reply #145 on: August 26, 2024, 10:57:20 PM »
You are absolutely right, trading is a sensitive thing where money is lost if you don't trade accurately. Trading is not a matter of haste, once the opportunity is lost, there is no need to worry, the opportunity will come again, but if you lose money due to haste, it will not come back. Make yourself perfect first, learn all about trading and improve your skills. And trade properly.
You are also saying some important thing. but if you look the peoples who are coming to trading most of those are thinking about that trading could be very easy just to investment and have the profit and this is the reason most the people's are rushing when do trade.
And some time trader are also do the same mistakes because of the FUD and panic ness inside of them. I think except these if anyone can do trade with the analysis skill those can be profited.

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Re: Don't be in a Rush
« Reply #146 on: August 26, 2024, 11:28:00 PM »
Trading is not a matter of haste, once the opportunity is lost, there is no need to worry, the opportunity will come again, but if you lose money due to haste, it will not come back. Make yourself perfect first, learn all about trading and improve your skills. And trade properly.
Trading is not for weak hands who always sell when they get read FUD news about a coin. If someone really wants to make profit as a trader then he/she should first learn about technical analysis that are needed for profitable trading and at the same time that person should make a proper trading strategy and plan to be profitable as a trader.
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Re: Don't be in a Rush
« Reply #147 on: August 27, 2024, 04:50:49 PM »
Trading is not a matter of haste, once the opportunity is lost, there is no need to worry, the opportunity will come again, but if you lose money due to haste, it will not come back. Make yourself perfect first, learn all about trading and improve your skills. And trade properly.
Trading is not for weak hands who always sell when they get read FUD news about a coin. If someone really wants to make profit as a trader then he/she should first learn about technical analysis that are needed for profitable trading and at the same time that person should make a proper trading strategy and plan to be profitable as a trader.
As a professional trader they will not be affected by FUD, because they have their own analysis and predictions. They will study the coins they hold and do analysis. Always focus on watching the market if there is FUD, stay calm because the market may be affected temporarily. So the market will find its own way after FUD no longer affects.

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Re: Don't be in a Rush
« Reply #148 on: August 27, 2024, 10:42:03 PM »
As a professional trader they will not be affected by FUD, because they have their own analysis and predictions. They will study the coins they hold and do analysis. Always focus on watching the market if there is FUD, stay calm because the market may be affected temporarily. So the market will find its own way after FUD no longer affects.
I won't gonna disagree with your opinion but I will also say that there is also a cause that are responsible to affected by the FUD(Fear, uncertainty, and doubt ) and that is also depends on the peoples emotions. Usually the professional trader know how to deal with that and control their self. But Some times they also did mistake and wrong decision for the FUD so I think this is not guaranteed that always the Profesional traders are not affected by the FUD.

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Re: Don't be in a Rush
« Reply #149 on: August 27, 2024, 11:28:26 PM »
As a professional trader they will not be affected by FUD, because they have their own analysis and predictions. They will study the coins they hold and do analysis. Always focus on watching the market if there is FUD, stay calm because the market may be affected temporarily. So the market will find its own way after FUD no longer affects.
I think even professional traders, must be influenced by the FUDs. But they won't panic because they have been familiar with FUDs. Professional traders may change their strategy when there is FUDs. It means they are still influenced by the FUDs. Even they will make a realistic decision, it doesn't mean they are not influenced at all.

By the way, professional people must always update the information. So, they won't be deceived by the FUDs.

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