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Author Topic: Can you trade as much as you want in Crypto currency??  (Read 5214 times)

Offline Kemarit

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Re: Can you trade as much as you want in Crypto currency??
« Reply #15 on: August 17, 2024, 06:18:37 AM »
Crypto currency is not easy for me, I miss it somewhere in the rules, it reduces the profit of trading, I have no idea how to trade so I just go in and make a lot of money.  You need to work hard to do that and that hard work starts with learning how to trade first.   It may take a few months if you are already well versed with some topics, but one can go slowly friends,?  What do you think about it??

This market is in extremes, you can go low or you can go as high as you want, there is no limit. However, there is this thing called risk and with it you should understand what it involved specially if you are thinking of trading as much as you want. And if you are a newbie or doesn't have the experience, yes, you should take it slow.

There are some topics that covered it, so I will suggest that you go around the community and follow some tips. Just an advise though that it is very very hard in the beginning, and there will be time that you wanted to quit. And as I say, trading is not for everyone. But if you have the patience and this is what you love to do and so start slowly and build your portfolio in the next year or so.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #15 on: August 17, 2024, 06:18:37 AM »

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Online bitterguy28

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Re: Can you trade as much as you want in Crypto currency??
« Reply #16 on: August 17, 2024, 06:25:41 AM »
Crypto currency is not easy for me, I miss it somewhere in the rules, it reduces the profit of trading, I have no idea how to trade so I just go in and make a lot of money.
if you jump in on trading whether that is in crypto or not without prior knowledge it is almost guaranteed that you are going to experience some losses trading is very technical and time is extremely crucial so i do not think you can just learn as you go without experiencing some losses first
Quote
It may take a few months if you are already well versed with some topics, but one can go slowly friends,?  What do you think about it??
of course it will be better to learn how to trade as soon as possible so that you can make money but there are many things to learn about trading there are platforms who allow you to practice with the market with not true money so maybe you can start with that after reading up some concepts

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Re: Can you trade as much as you want in Crypto currency??
« Reply #16 on: August 17, 2024, 06:25:41 AM »

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Offline joniboini

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Re: Can you trade as much as you want in Crypto currency??
« Reply #17 on: August 17, 2024, 12:03:56 PM »
Assuming you want to learn trading next, have you considered practicing on a demo trading platform or backtesting with open source trading bot to test your understanding of some indicators you want to use? It's not going to magically make you a genius trader, but it should remove the requirement of trading with your capital. It won't help you improve your emotional management for sure, but it should help a little bit with technical indicators analysis. And yea, you needs practice a lot if you want to focus on trading. It's a high-risk high-reward activity most of the time with a reason. CMIIW.

Offline EluguHcman

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Re: Can you trade as much as you want in Crypto currency??
« Reply #18 on: August 17, 2024, 12:53:44 PM »
Trading in the Crypto is not a series of making profit by which one can just wake up a high a d decides to indulge on like investing.
Even when investing has been so easy, you are still deemed to make research to find a befitted crypto currency to invest on, you would need to build your minds and finances are ready towards any impact.

Trading requires lot of impacts which could prompt inexperienced traders continues losts untill they are left empty wallets,.
So, before bargaining on trading in the Crypto, due process including the technical terminologies and finances must be staked noted and before you can start trading else the lost will be continues.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #19 on: August 17, 2024, 04:55:23 PM »
Crypto currency is not easy for me, I miss it somewhere in the rules, it reduces the profit of trading, I have no idea how to trade so I just go in and make a lot of money.  You need to work hard to do that and that hard work starts with learning how to trade first.   It may take a few months if you are already well versed with some topics, but one can go slowly friends,?  What do you think about it??
I'll focus on the question according to the topic's name, but I don't understand if you're referring to trading frequency, the number of tokens in a portfolio, or the amount of money invested in this market.

If it's about trading frequency, humans can't compete with trading bots: they can execute thousands of orders per second. Most of the market's time is trendless, so traders spend most of their time monitoring the market and waiting for opportunities.

If you're talking about the number of tokens, it all depends on your capabilities. Following many price charts gives you an overview of the market's state and provides more trading opportunities. But it can also make it difficult to focus or deeply understand a single token price behavior.

If you're referring to the amount of money invested in this market, be cautious and start with $0, meaning use a demo account to gain experience. Capital management is an art, so understand it thoroughly before risking money in the crypto market.

Finally, you should control your greed within your own ability. The best way to allow for greater greed is to improve your own abilities.
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Offline iBaba

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Re: Can you trade as much as you want in Crypto currency??
« Reply #20 on: August 18, 2024, 01:46:34 PM »
Trading requires lot of impacts which could prompt inexperienced traders continues losts untill they are left empty wallets,.
So, before bargaining on trading in the Crypto, due process including the technical terminologies and finances must be staked noted and before you can start trading else the lost will be continues.

Many novices in trading prefer to 'jump into the bandwagon' rather taking their time to learn the basic knowledge of trading cryptocurrencies. I called this jumping into the bandwagon because many people that are new into trading now prefer to bank on trading signals rather than learning the deepest aspect of trading and its technicalities. I am aware that it's not everyone who have the intellectual capability to acquire technical knowledge of crypto trading but one must learn the basic knowledge of crypto trading to attain some level of mastery and minimize loses.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #21 on: August 18, 2024, 02:11:25 PM »
Crypto currency is not easy for me, I miss it somewhere in the rules,
What rules are you talking about, there is no general rule for crypto, you can trade as much as you want, it is up to you and your finances. However, it is smart not to rush into trading immediately you join the crypto network, there are a lot of things for you to learn and understand, starting off your crypto journey with trading is the fastest way to fall out of the crypto network.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #21 on: August 18, 2024, 02:11:25 PM »


Offline taufik123

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Re: Can you trade as much as you want in Crypto currency??
« Reply #22 on: August 18, 2024, 05:26:03 PM »
-snip-
there are a lot of things for you to learn and understand, starting off your crypto journey with trading is the fastest way to fall out of the crypto network.
Especially without any knowledge about trading and only using feelings to determine when to enter and exit.
Some people also just want to get involved in trading because seeing others can be successful and a lot of trading ads that make him interested in getting into trading.

Even though Basic to enter trading is necessary, especially if a newbie does not know anything about crypto,
so first learn what crypto is and how trading works must be done.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #23 on: August 18, 2024, 06:32:41 PM »
Some people also just want to get involved in trading because seeing others can be successful and a lot of trading ads that make him interested in getting into trading.
Yeah, some people even call themselves experts and sell trading signals to these newbies, i usually recommend that newbies never buy trading signals from anyone or join any trading groups, they are simply going to scam you.

Some traders usually deceive people online that they have made a lot of money from trading, i know people make money from trading, but these online personalities just do it so they can lure people and collect money from them for trading signals, newbies should not fall for it.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #24 on: August 18, 2024, 07:34:59 PM »
Crypto currency is not easy for me, I miss it somewhere in the rules, it reduces the profit of trading, I have no idea how to trade so I just go in and make a lot of money.  You need to work hard to do that and that hard work starts with learning how to trade first.   It may take a few months if you are already well versed with some topics, but one can go slowly friends,?  What do you think about it??
Somewhere in the rules? What are you talking about.
Reduces the profit of trading? You might be doing something wrong that caused you to lose your money. Whether you entered at the peak, or exited at a loss. There are no rules in crypto trading. As long as you have the money, you can do crypto trading.

That's the reason we always say to those aspiring traders to learn first and don't go all in on their first try because they have a very high chance of losing their money. Learning and making profit in trading will take months, just as when you're learning a new skill to offer to clients. Those expert traders now also spend a long time learning how to trade and make profit off of it, and now they became a successful trader.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #25 on: August 18, 2024, 09:20:26 PM »
You can learn how to do trade in less than five minutes and barely just a video tutorial from YouTube or something else is enough.

But making profits while trading is the real task that needs knowledge and experience so it will take time even though if you have enough capital. So start small and keep learning by reading a lot on your own and there are hundreds ways to refer the strategies and can come up with one that work for you.
Learn basic trading is easily when watching Youtube channel with tutorial about trading in cryptocurrency, but consistent taking profit and minimize risk very difficult in cryptocurrency trading although many trader before have much experience but can't avoid from loss in trading.
Need to increasing our information in trading to avoid from loss because outside news have big influence to make bitcoin and altcoin will up or down, after making research before trading we need to know outside information exactly about economic news before predicting with price dump or pump.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #26 on: August 18, 2024, 09:26:36 PM »
Need to increasing our information in trading to avoid from loss because outside news have big influence to make bitcoin and altcoin will up or down, after making research before trading we need to know outside information exactly about economic news before predicting with price dump or pump.

No matter how much we learn and how much experience we acquire still it is common that you lose while trading the only difference will be minimizing the potential loss and keep things under your control so that you can recover from the loss and carry on further.

Picking up coins and strategies are lot wider and even it may work for one and no one else so I won't comment about which coin to pick for making profits but my suggestion will be start low and with bitcoin.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #27 on: August 18, 2024, 10:56:05 PM »
Can you trade as much as you want in Crypto currency??
First of all, my answer is : NO, I can't.
I can only trade as much as I can afford to loose, according to my budget and not force myself to trade so much that it makes me suffer. Because, I still have a life to live and I need money for that.

  It may take a few months if you are already well versed with some topics, but one can go slowly friends,?  What do you think about it??
Surely, preparation when you want to trade is not only about money, so we should not rush into trading. Or we will later feel regret because we forced ourselves too much when we were not yet able. So, be patient and prepare ourselves first before entering into the world of crypto trading.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #28 on: August 18, 2024, 11:46:22 PM »
No matter how much we learn and how much experience we acquire still it is common that you lose while trading the only difference will be minimizing the potential loss and keep things under your control so that you can recover from the loss and carry on further.
I really agree with you. We can't totally avoid the potential losses, it is impossible. However, we can minimize the potential losses if we have good knowledge and experience. We can consider many things, we can analyze some factors, it is the way to minimize the losses. When we are experienced enough, we also have good self control. So, we don't do anything carelessly. We know sometimes a careless way to lead to a severe loss.


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Re: Can you trade as much as you want in Crypto currency??
« Reply #29 on: August 19, 2024, 01:10:06 AM »
Let's start with the trading aspect. Trading is not something you just wake up and dive into. You have to take quality time to understand how the market works except of course you wish to be liquidated as soon as possible. Anyways with that being said, crypto trading is very volatile infact the crypto market entirely is a very volatile market prices can swing easily most of the time.
Even experienced traders don't just jump in and out of the market anyhow. Trading requires a lot of discipline and understanding. Even for your  normal P2P trading , to remain profitable you have to make sure you are buying and selling at the right prices .
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