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Author Topic: How can you measurer success in crypto trading?  (Read 1790 times)

Online Findingnemo

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Re: How can you measurer success in crypto trading?
« Reply #15 on: August 26, 2024, 06:52:05 PM »
The crypto market is very volatile and we all know that trading is not very easy and I will like to know how y'all measure success despite the ups and downs, how can I say I am succeeding in the crypto trading market?

It's actually easy, with you getting a profit of over 10% every time you trade and it's done in a daily period, and every week, month and year you achieve it, but the reality is that all of that is difficult, my friend, where all hopes do not match reality, so in my opinion the level of success in crypto is only profit and profit, nothing else

The obvious reason for trading crypto or any other commodity is to make profit so when someone is making money then it is the deciding factor whether the person is successful or not. People can make 10% a day but the next day they can lose 20% and that is why we always say day trading is the most riskiest form of crypto trading.

The longer the time frame the better the chances of making profits.
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Re: How can you measurer success in crypto trading?
« Reply #15 on: August 26, 2024, 06:52:05 PM »

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Offline JoyMarsha

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Re: How can you measurer success in crypto trading?
« Reply #16 on: September 11, 2024, 10:40:10 PM »
The way I measure one success in crypto is the amount of accumulated crypto in their portfolio, their risk management, the way they diversified their investment in Bitcoin and some other altcoin(80% Bitcoin and 20% altcoins), their long term investment goal in crypto and their knowledge of crypto.

The mentioned points above, that's the way I measure my own success in crypto when people say they are successful traders.

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Re: How can you measurer success in crypto trading?
« Reply #16 on: September 11, 2024, 10:40:10 PM »

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Re: How can you measurer success in crypto trading?
« Reply #17 on: September 13, 2024, 09:28:50 PM »
Succeeding in the crypto world of trading simply involves, firstly; consistently making more money than you lose, managing risks to protect your investment, and sticking to your trading plan without letting emotions in on it. It also involves staying calm during market swings, learning from your mistakes so you can improve over time and balance your investments across different assets. As we all know, success is all about reaching your personal financial goals, whether that is extra income or reaching your financial independence.
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Offline Z-tight

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Re: How can you measurer success in crypto trading?
« Reply #18 on: September 13, 2024, 11:38:23 PM »
The goal of every trader and even investor is to make profit, if you losing more that you are making profit, then you can't call it a successful trade. Take note that success in trading takes time, you have to build your knowledge, hone your skills and get better at it. It would surely not be all profit at the beginning, but if you know what you are doing and you are sure you have the required skills, you may be successful in the end.

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Re: How can you measurer success in crypto trading?
« Reply #19 on: September 17, 2024, 08:41:20 PM »
The crypto market is very volatile and we all know that trading is not very easy and I will like to know how y'all measure success despite the ups and downs, how can I say I am succeeding in the crypto trading market?

The crypto trading market is very volatile and that does not mean that you can’t make a lot of profit out of it. It is very important to take note of many things when it comes to trading. Your level of success will depend on how often you achieved your primary goal of trading which is making profit. Despise the volatile nature of the market, as a trader, you can always take advantage of the market whether on the upturn or downturn of the market. Trading is risky but if you have the sufficient knowledge about it, you can make a lot out of it that even those that have invested in them for a long time haven’t made in a while since they started their investment.

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Re: How can you measurer success in crypto trading?
« Reply #20 on: September 17, 2024, 10:24:31 PM »
To determine for the measure of how successful we have been in making trades, we have to take time by considering some of the things we do, first is by giving a cognitive attention on the progressive ways we have been gambling with, secondly, is by the ways of how we are making performance in them, if your trades in recent days are profitable or not, as well as what other measures do you have in consideration for more effective trading experience.

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Re: How can you measurer success in crypto trading?
« Reply #21 on: September 18, 2024, 10:46:49 AM »
The crypto market is very volatile and we all know that trading is not very easy and I will like to know how y'all measure success despite the ups and downs, how can I say I am succeeding in the crypto trading market?
Can make money routinely in every trade made and have a strong instinct in making every decision because of the very good supporting data every day. I think that's the best point to measure someone as successful or not.

The point is when a trader finds a formula so that he can continue to make a profit in every step he takes, in my opinion that is a great success... the formula can be repeated, enlarged or increased in action to produce more money.

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Re: How can you measurer success in crypto trading?
« Reply #21 on: September 18, 2024, 10:46:49 AM »


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Re: How can you measurer success in crypto trading?
« Reply #22 on: September 18, 2024, 07:35:39 PM »
The crypto market is very volatile and we all know that trading is not very easy and I will like to know how y'all measure success despite the ups and downs, how can I say I am succeeding in the crypto trading market?
Can make money routinely in every trade made and have a strong instinct in making every decision because of the very good supporting data every day. I think that's the best point to measure someone as successful or not.

The point is when a trader finds a formula so that he can continue to make a profit in every step he takes, in my opinion that is a great success... the formula can be repeated, enlarged or increased in action to produce more money.

Success would do matter or simply showing up on the time that you had able to reach out that kind of condition on which you are already sustainable when youdo mae up trades.
Trading is never been easy but doesnt mean that it would be impossible for someone to deal on with. This is why we are really that thriving on every gambling session that
we've been doing since the thing that comes up into your mind is on the time that you would be dealing up with trading then sustaining or survival of yourself will really be
inside of your mind. Success could measure on the time or moment you've seen yourself that having that life which we when it comes to financial then  you could
simply provide it out.

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Re: How can you measurer success in crypto trading?
« Reply #23 on: September 18, 2024, 08:39:07 PM »
The crypto market is very volatile and we all know that trading is not very easy and I will like to know how y'all measure success despite the ups and downs, how can I say I am succeeding in the crypto trading market?

It's actually easy, with you getting a profit of over 10% every time you trade and it's done in a daily period, and every week, month and year you achieve it, but the reality is that all of that is difficult, my friend, where all hopes do not match reality, so in my opinion the level of success in crypto is only profit and profit, nothing else

The obvious reason for trading crypto or any other commodity is to make profit so when someone is making money then it is the deciding factor whether the person is successful or not. People can make 10% a day but the next day they can lose 20% and that is why we always say day trading is the most riskiest form of crypto trading.

The longer the time frame the better the chances of making profits.
Yea, your success in whatever you are doing is measured by your profits and knowledge that you have gained during that period which you are into it. It's same with trading if you have made more prifit than losses, you are successful in it. However, if you have learnt a lot and still cannot make profits but run at loss often, you are not successful.

 

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