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Author Topic: Can you trade as much as you want in Crypto currency??  (Read 5276 times)

Offline erus

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Re: Can you trade as much as you want in Crypto currency??
« Reply #30 on: August 19, 2024, 06:24:48 AM »
~snip~
What do you think about it??
If it's just for trading, it's very easy because we buy when it's cheap and sell when it's expensive, then repeat it like that so that you make a lot of profit. Here I have difficulty in trading, namely looking for profit. I've said that trading is easy but looking for profit is very difficult because we must have experience, knowledge, and the right timing to be able to get profit.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #30 on: August 19, 2024, 06:24:48 AM »

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Re: Can you trade as much as you want in Crypto currency??
« Reply #31 on: August 19, 2024, 06:32:25 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??

We can trade the way we want as long as this two things were in place, the first one is about the knowledge we have in making trades and the second is on our individual abilities to tolerate for risk taking in whatever thing we are doing, there is no limit to making trades inasmuch as we want it, but can we continue in doing what we have no idea about, having losses over and over, definitely no one will tell us before we put a stop on it, except we find a learning ground in pursuing after the experience in trades.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #31 on: August 19, 2024, 06:32:25 PM »

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Offline EluguHcman

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Re: Can you trade as much as you want in Crypto currency??
« Reply #32 on: August 19, 2024, 06:48:08 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.
The techniques to trade on Bitcoin is as a course of understanding the concept of cryptocurrencies from its basic terms and then acquire the imputations based on fundamentals and analytical process including durations for purchasing orders.

Online MrSpasybo

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Re: Can you trade as much as you want in Crypto currency??
« Reply #33 on: August 19, 2024, 07:02:36 PM »
If it's just for trading, it's very easy because we buy when it's cheap and sell when it's expensive, then repeat it like that so that you make a lot of profit. Here I have difficulty in trading, namely looking for profit. I've said that trading is easy but looking for profit is very difficult because we must have experience, knowledge, and the right timing to be able to get profit.
The biggest issue is that we don't know the future, so we can't know when an asset is undervalued and ready to buy. Typically, we also panic like many other investors when the token price drops significantly. Similarly, we don't know when a token has risen enough and is about to reverse from an uptrend to a downtrend to take profits. Greed can push us to continue holding to die ^^

Technical and fundamental analysis can help traders identify these situations relatively well. However, risk always exists, so I think the best skill traders can control is self-capital management and always having a stop-loss for every trade.
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Offline taufik123

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Re: Can you trade as much as you want in Crypto currency??
« Reply #34 on: August 19, 2024, 11:31:50 PM »
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.
-snip-
It happens a lot, and those who only understand the basics of trading confidently say that they are experts and make trading signals to sell to others. There are many practices like this and in fact they only take advantage of beginners who don't know anything to use their signals, when in fact it is just manipulation.

Those who sell like that are just cheating for more profit.
At the beginning when I learned to trade there were a lot of advertisements about trading signals and pump and dump groups, which were claimed to be able to make more profits in an instant, but in fact it was just manipulation and not proportional to the subscription price, all that is nonsense.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #35 on: August 20, 2024, 12:29:20 AM »
You can make a lot of money; it's true, but not in a single day because every platform has its own restrictions that don't allow you to cross them. You can earn money gradually and slowly, and it's the right way of earning. Instead of rushing your capital into the market, you will only lose your capital. I think you should be very careful when advising someone because you are still not aware of how to manage it and what to do when crypto trading. It would be better to learn more and more and then come to it; this way, your losses will be minimal, and your profits will increase.
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Offline erus

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Re: Can you trade as much as you want in Crypto currency??
« Reply #36 on: August 20, 2024, 05:47:05 AM »
If it's just for trading, it's very easy because we buy when it's cheap and sell when it's expensive, then repeat it like that so that you make a lot of profit. Here I have difficulty in trading, namely looking for profit. I've said that trading is easy but looking for profit is very difficult because we must have experience, knowledge, and the right timing to be able to get profit.
The biggest issue is that we don't know the future, so we can't know when an asset is undervalued and ready to buy. Typically, we also panic like many other investors when the token price drops significantly. Similarly, we don't know when a token has risen enough and is about to reverse from an uptrend to a downtrend to take profits. Greed can push us to continue holding to die ^^
It's a difficult position for me to be in when I know that all humans cannot know the future. If there are those who can know, maybe they are already rich and have a lot of Bitcoin.

Technical and fundamental analysis can help traders identify these situations relatively well. However, risk always exists, so I think the best skill traders can control is self-capital management and always having a stop-loss for every trade.
I don't know the techniques and fundamentals of analysis yet, can you explain the information to me in detail? I mean, so that I can get profit from every Bitcoin trade.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #36 on: August 20, 2024, 05:47:05 AM »


Offline PrivateKayla

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Re: Can you trade as much as you want in Crypto currency??
« Reply #37 on: August 20, 2024, 07:47:18 AM »
Trading requires a significant investment of time and effort to learn the fundamentals. It's not something that can be mastered overnight. Even experienced traders continue to learn and refine their strategies. Slow and steady often wins the race when it comes to investing. Rushing in without proper knowledge and preparation can lead to costly mistakes. Take the time to learn, practice, and develop a trading plan aligned to your risk tolerance and financial goals. Embrace the learning process, celebrate small victories, and trust the hard work will pay off.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #38 on: August 20, 2024, 02:16:17 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??
Slow and steady win the race mate.

But trading is risky, and the cryptocurrency market is very volatile, that is why many crypto experts are advising newbies to make sure they have learned about cryptocurrency generally, and also learn about crypto trading to the core before trying to start trading on your own because you can lose money at any time if you have no proper understanding about trading and cryptocurrency generally.

You can try with some exchanges that give demo accounts or some exchanges that gives virtual money to start your trading experience before you put in your money. Make sure you also use a reputable exchanges that have good trading volume.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #39 on: August 20, 2024, 04:41:38 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??

If I am to be honest with you, leave trading but don't leave crypto. If you have enough money, buy some coins and hold it, by the time your crypto has given you a reasonable profit, sell and locked in your profit, this strategy will give you enough time to focus on other things about life and do your thing and you don't need to get into the complications of trading journey.

However, if you have enough time to do trading then you have to be patient and learn the basics of trading, make use of Binance academy, YouTube and if you have the means for udemy trading courses, they will go a long way.
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Offline Z-tight

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Re: Can you trade as much as you want in Crypto currency??
« Reply #40 on: August 20, 2024, 10:18:26 PM »
At the beginning when I learned to trade there were a lot of advertisements about trading signals and pump and dump groups, which were claimed to be able to make more profits in an instant, but in fact it was just manipulation and not proportional to the subscription price, all that is nonsense.
Yeah it is nonsense, it also happens in the gambling industry, you find people selling predictions on sports betting, with the claim that they are certain that the game will be successful, it is nothing but a scam.

Glad you knew about this as early as when you just started trading, there are some newbies who don't know about this and they have fallen victims to the scammers. The worst of all is that many of them leave the network after losing money this way, and they call crypto a scam.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #41 on: August 20, 2024, 10:52:16 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??
Before doing anything, it is necessary to have knowledge about it, otherwise it is not possible to succeed. So knowledge must be given priority. Trading business is taken for granted by many which in my opinion is not an easy task if we want to get a good result from it. To run a trading business a trader must know the basics of trading as well as have a good understanding of the market. There will be profit or loss in the business but if good skills are acquired there it is possible to get relatively good results. Those who have patience and the courage to take risks will also increase their chances of success on these platforms.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #42 on: August 21, 2024, 09:10:21 PM »
Can you trade as much as you want in Crypto currency??
I will say yes. And all depends on the amount you have. You can trade the way you want but you to know that you will lose all if you are not experienced trader so the best way to do is to learn from others and always ask someone to guide you and tell what you don't know. Learn more before you key onto trading so that you won't lose much.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #43 on: August 22, 2024, 03:48:55 AM »
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.
it is always better to make these decisions on your own so that if you make any mistake, it is on you and no one else newbies might think that hiring someone to make their trades for their own is fool proof but like you said a lot of these 'experts' want to just sell and not actually give their clients some profit
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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.
it is true that you can make money from trading but be aware of what seems to be too good to be true kind of descriptions

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Re: Can you trade as much as you want in Crypto currency??
« Reply #44 on: August 22, 2024, 12:55:14 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??
Before doing anything, it is necessary to have knowledge about it, otherwise it is not possible to succeed. So knowledge must be given priority. Trading business is taken for granted by many which in my opinion is not an easy task if we want to get a good result from it. To run a trading business a trader must know the basics of trading as well as have a good understanding of the market. There will be profit or loss in the business but if good skills are acquired there it is possible to get relatively good results. Those who have patience and the courage to take risks will also increase their chances of success on these platforms.
I totally agree with you. A trader needs to be well aware of the market and the ups and downs of currency prices. The main goal through trading is to compete for more profits in a shorter period of time which can be achieved by experienced people. In my opinion when a trader buys from the market they are more focused on the downtrend but also in the uptrend many quantitative investors increase their holdings because they invest based on their experience and after some time they decide to sell. Most of the time experienced investors don't use his thick capital as they wait for more dips and focus on minimizing UP in the portfolio. That requires a lot of patience and a lot of floating cash.
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