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Author Topic: Can you trade as much as you want in Crypto currency??  (Read 5259 times)

Offline NotATether

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Re: Can you trade as much as you want in Crypto currency??
« Reply #45 on: August 22, 2024, 02:11:42 PM »
Well, generally speaking, making money is not easy, same way it's kind of hard to get some thing that is really good, like people will often say that good things don't come easy.
Trading, investing are the two major ways to make money from crypto, and the knowledge on how to be effective in any of this areas; or perhaps; both; doesn't just fall on people desire it, those who desire need to work hard, invest time and sometimes, resourse to get the required knowledge, because again, nothing good comes easy.

Correction - making value is hard. Making money is easy once you're already making the value, as people will want to buy it. It's the value that's the hard part because generally speaking it's not easy to know what many people want/need, so that hampers your ability to build a solution for them.

Making money from investing similarly requires making value and while for crypto this is a time consuming process, it does pan out.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #45 on: August 22, 2024, 02:11:42 PM »

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Offline Baofeng

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Re: Can you trade as much as you want in Crypto currency??
« Reply #46 on: August 22, 2024, 03:02:30 PM »
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.

It's not about restrictions, it's how you can make money consistently in trading. And that is really hard, because of the market conditions and we don't know how the market is everyday, as it is very volatile.

So you maybe can trade as much as you can, but can you make the profits that you are aiming for? Or are you going to lose some money in the end that it's not worth to trade? So it's really up to us, whether trading is profitable or not.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #46 on: August 22, 2024, 03:02:30 PM »

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Offline Lucius

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Re: Can you trade as much as you want in Crypto currency??
« Reply #47 on: August 22, 2024, 03:56:07 PM »
Trading cryptocurrencies is easy, being profitable is something else entirely. Beginners lose the most money because they have no knowledge or experience, and their loss is someone else's gain, and in the end most of them give up because they lose too much money or their profit is miserable compared to the time invested.

Everyone should ask themselves how much money they are willing to lose in order to try to learn to trade - the key word is "try" - because in the end it is not something that is for everyone. It is much easier to simply buy those cryptocurrencies you believe in, set your goals and sell them at the right time.
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Offline Ricardo11

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Re: Can you trade as much as you want in Crypto currency??
« Reply #48 on: August 22, 2024, 05:02:13 PM »
Trading cryptocurrencies is easy, being profitable is something else entirely. Beginners lose the most money because they have no knowledge or experience, and their loss is someone else's gain, and in the end most of them give up because they lose too much money or their profit is miserable compared to the time invested.

Everyone should ask themselves how much money they are willing to lose in order to try to learn to trade - the key word is "try" - because in the end it is not something that is for everyone. It is much easier to simply buy those cryptocurrencies you believe in, set your goals and sell them at the right time.
You are absolutely right, I agree with you, everyone expects profit from trading, but not everyone gets it. Usually everyone trades hoping for big profits in the beginning, but there is always risk and possibility of loss in trading, so not everyone gets profit.

So instead of expecting profit from the beginning, one should focus on learning trading well in the beginning, slowly gain all the experience, small and big, and start with small amount of money (which you can afford to lose).
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Offline Ricardo11

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Re: Can you trade as much as you want in Crypto currency??
« Reply #49 on: August 22, 2024, 05:22:15 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 also agree with you, you can't always think only about profit, you have to learn trading well, you have to pay attention to this side as well. Gain knowledge first, learn about trading, get yourself properly educated first, start with small amount after understanding everything well, trading with different strategies like setting target and selling at right time are profitable strategies may be.
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Offline armanda90

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Re: Can you trade as much as you want in Crypto currency??
« Reply #50 on: August 22, 2024, 05:53:19 PM »
I also agree with you, you can't always think only about profit, you have to learn trading well, you have to pay attention to this side as well. Gain knowledge first, learn about trading, get yourself properly educated first, start with small amount after understanding everything well, trading with different strategies like setting target and selling at right time are profitable strategies may be.
Its important mindset have change for cryptocurrency trader not only prefer about how much profitable earn but also get minimize risk or loss when trading in crypto. Some one have understood about loss and risk about trading in cryptocurrency always have good mentality when price significant down, but many trader get trade their coin in cryptocurrency have profitable mind only and not ready when market crash or their investing assets get down significantly.
Increasing knowledge about cryptocurrency and learn more how to minimize risk when trading is most important although earn profit is goal of target by all cryptocurrency trader.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #51 on: August 23, 2024, 09:19:31 PM »
Successful traders are always one step ahead of other traders. And the real reason behind it is some special habits they follow. As they have been practicing trading for a long time and here they have spent a lot of money and time. So when you come to new trading, you can't be overcommitted by looking at their profit margin. I don't consider him a professional trader since trading involves risk and money. Moreover investing is the best way for a new crypto user where he can get some profit.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #51 on: August 23, 2024, 09:19:31 PM »


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Re: Can you trade as much as you want in Crypto currency??
« Reply #52 on: August 24, 2024, 01:59:47 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??
It's really something that is slow is best, not in a hurry and also not too slow... learning crypto is not something that can be completed in one day, the stages and processes to learn cryptocurrency must be passed one by one until finally learning the stage of "making money from cryptocurrency", remember, that not all traders make profits every day.... many people also lose, and that is because of their lack of knowledge in making decisions...

Stay careful in learning, trust your process, and never trade all in under any conditions,,, even a professional does not do that.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #53 on: September 04, 2024, 10:44:11 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??

Slowly but surely is the key here one of the things that makes trading interesting is the flow of money if you know how to read chart and events and make a quick decision and one of the things that can make you lose is not moderating your greed, they say trading is like gambling but compared to gambling you can always cut your losses and you will learn from your past mistakes.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #54 on: September 04, 2024, 11:36:20 PM »
~I have no idea how to trade so I just go in and make a lot of money.
It is totally a bad idea to trade when you still don't know how to trade properly. No doubt if you finally failed and only experienced big losses. It is unacceptable that someone trades with lack of knowledge. Even people who have good knowledge, they still experience losses. It is very careless way to trade without thinking about the risks.

You need to work hard to do that and that hard work starts with learning how to trade first.
Work hard is a must, but it should be done in the right way. Sure, the first thing to consider should be learning. It is very recommended for every new comer that they must focus on learning first before they decide to start trading. It is the way to minimize the losses and increase the chance of gaining profits.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #55 on: September 13, 2024, 06:12:33 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??
I see you are taking baby steps here but you are not going slow I like that but if we have good skills and knowledge about trading and have such stamina then we can trade as much as we want and yeah I almost forgot the capital as well. We need capital too.

Trading as much as we want although is not a good way to think about trading because the market is not going to move according to your way all the time, so if you will be making trades on the basis of your likeness, then you will make a loss. Instead, you should be trading on the basis of opportunities that you think are suitable for you according to your analysis and find good entries, even if you have to wait a little longer than you anticipated.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #56 on: September 13, 2024, 10:33:27 PM »
Trading as much as we want although is not a good way to think about trading because the market is not going to move according to your way all the time, so if you will be making trades on the basis of your likeness, then you will make a loss. Instead, you should be trading on the basis of opportunities that you think are suitable for you according to your analysis and find good entries, even if you have to wait a little longer than you anticipated.
Yes, and we don't need to fulfill all excessive desires without knowing the limits. Trading as much as I want, might actually make us lose ourselves, because we can't control our finances well. As a result, the risk of losing too much could happen. Therefore, we must be smart to control our finances in cryptocurrency trading. Because after all, we have to do it with full calculation, wisely, and with good enough knowledge.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #57 on: September 14, 2024, 11:01:47 AM »
Yes, and we don't need to fulfill all excessive desires without knowing the limits. Trading as much as I want, might actually make us lose ourselves, because we can't control our finances well. As a result, the risk of losing too much could happen. Therefore, we must be smart to control our finances in cryptocurrency trading. Because after all, we have to do it with full calculation, wisely, and with good enough knowledge.
Wisely, full calculation, and good knowledge are terms that are underrated by newbies but overrated by people like us who have spent a lot of time in the market and understand how easy it becomes to trade if we have these terms in mind. But it's not the newbies thing, I mean, I think it's a phase from which every newbie passes by.

Like when I was a newbie, I started future trading directly without any proper knowledge of trading and just knew two things, support and resistance, and I was not even monitoring BTC although I was trading in alts because even if you are trading in alts you have to monitor the price of BTC for the overall analysis of the coin you are in.

I made 11 to 15 dollars profit one day, and in the evening time, I thought why not take another trade and the trade I took liquidated my all money and from that point I understood the meaning of when to stop and when not to.
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Re: Can you trade as much as you want in Crypto currency??
« Reply #58 on: September 14, 2024, 05:51:57 PM »
Trading as much as we want although is not a good way to think about trading because the market is not going to move according to your way all the time, so if you will be making trades on the basis of your likeness, then you will make a loss. Instead, you should be trading on the basis of opportunities that you think are suitable for you according to your analysis and find good entries, even if you have to wait a little longer than you anticipated.
Yes, and we don't need to fulfill all excessive desires without knowing the limits. Trading as much as I want, might actually make us lose ourselves, because we can't control our finances well. As a result, the risk of losing too much could happen. Therefore, we must be smart to control our finances in cryptocurrency trading. Because after all, we have to do it with full calculation, wisely, and with good enough knowledge.
If a trader is overtrading it will cause him to lose his profit from his past trades. There's no profitable trader who trade more than 5x a day especially with a single pair. I observed that most profitable trader, trade only once per day. So when I see a trader flexing his profit from his trades, I will not believe that he is a legit profitable trader if he do many trades per day. It only means to me that he is a disciplined trader which is a very important aspect to be a successful trader.

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Re: Can you trade as much as you want in Crypto currency??
« Reply #59 on: September 18, 2024, 04:22:07 AM »
If a trader is overtrading it will cause him to lose his profit from his past trades. There's no profitable trader who trade more than 5x a day especially with a single pair. I observed that most profitable trader, trade only once per day. So when I see a trader flexing his profit from his trades, I will not believe that he is a legit profitable trader if he do many trades per day. It only means to me that he is a disciplined trader which is a very important aspect to be a successful trader.
I also saw some vlogs like a day in a life of day trader or trader they wake up early in the morning and do all the good stuff like exercising and giving time to their family and other stuff and then specify some time for research to find the best coin for them and invest in them. When they find a good entry they take it even if they have to wait for a long time.

They take the entry and try to book the profit in parts too so they could get the capital they invested back, and now they try to trade with profit only. I also don't trust anyone's profit trade screenshot anymore because besides they can be fake, its not a good way to attract people to show what you really got like predicting some events early and predicting on the basis of knowledge that some X coin will make some X move.
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