Can you trade as much as you want in Crypto currency??

[Faisal2202]

Earning money from cryptocurrency is as easy as it is difficult. People who have good knowledge about cryptocurrency can earn money very easily. People who have no knowledge about cryptocurrency can never earn money. But don't rush for everything like no one.  If one wants to earn money by trading then he has to trade with patience. If we don't have patience we can never do anything good so we have to be patient.

That's why we call it double edge sword, but I will not agree to the point that people with no knowledge can't make money because there are people made money without any knowledge by just following others and some got lucky but for how long they can rely on others and luck (without knowledge).

Patience is key. sometimes we keep patience after making trades but we also have to keep waiting for the right opportunity to take a trade too. Patience is also necessary in such scenarios, although sometimes patience is not good and how can we know if its time to go with patience or not is by following the trend and using the knowledge you have in a smart way?

[sampoerna]

Patience is key. sometimes we keep patience after making trades but we also have to keep waiting for the right opportunity to take a trade too. Patience is also necessary in such scenarios, although sometimes patience is not good and how can we know if its time to go with patience or not is by following the trend and using the knowledge you have in a smart way?

It cannot be denied that patience is one of the keys in trading and holding. With thorough preparation and knowledge, then all you have to do is wait patiently and be able to control your emotions well too. because patience and emotional control can make us much wiser in making decisions and actions, not easily confused, and also able to understand the situation and take the right steps when the market does not match our predictions and expectations in the crypto market.

[Faisal2202]

In order to really benefit from cryptocurrency, whether the financial benefits or the knowledge and experience you get from it, you’ll need patience, I mean lots of it, because without patience you’ll be too hasty to jump into conclusions and thereby miss out on so many opportunities in certain cases. Some people think that crypto or Bitcoin is a get rich quick scheme and this is one of the biggest misconception newbies have about the crypto space and this often lands them into making impulsive decisions when faced with situations that only required patience to produce a fruitful result.

They think it is a get rich quick scheme because they start their journey in crypto from trading and unlike any other scam online work they are making real money here and especially the people who start from future trading they make big profits even 2x or 3x by chance maybe as they are newbies.

Patience is the most important thing and I agree with that because with patience I make a profit too but yeah sometimes I keep patience while I should not have to and face lose.

[Dr.Bitcoin_Strange]

They think it is a get rich quick scheme because they start their journey in crypto from trading and unlike any other scam online work they are making real money here and especially the people who start from future trading they make big profits even 2x or 3x by chance maybe as they are newbies.

Patience is the most important thing and I agree with that because with patience I make a profit too but yeah sometimes I keep patience while I should not have to and face lose.

With patience, it’s possible to avoid losses when investing in Bitcoin ( not Trading) because patience helps you to HODL on to your Bitcoin for the long term, regardless of the short term market fluctuations, because that’s in fact the best way to ensure that you mitigate the risks of losses while investing in Bitcoin. Long term approach helps you to see the market clearer as well as to enable you make better choices, because you’ll be able to ride out the short term fluctuations which often puts fear in the minds of investors and pushes them into make hasty decisions.

[_act_]

There is no limit to how we can trade as long as we have chosen the kind we are gong for and could afford taking the result after it, trading is unlike other physical investments whereby we will be restricted to using a specific limit or amount of money for doing it, we can trade and uses the money we have to engage on trading as much as we can afford to because we are not limited or restricted to how we can go in trading.

[Faisal2202]

With patience, it’s possible to avoid losses when investing in Bitcoin ( not Trading) because patience helps you to HODL on to your Bitcoin for the long term, regardless of the short term market fluctuations, because that’s in fact the best way to ensure that you mitigate the risks of losses while investing in Bitcoin. Long term approach helps you to see the market clearer as well as to enable you make better choices, because you’ll be able to ride out the short term fluctuations which often puts fear in the minds of investors and pushes them into make hasty decisions.

There is a meme that suits best here


Source is TG

It shows that even when we are holding, we must keep an eye on the market. Maybe we could judge the situation early, and with the right decision, we can make more profit rather than having nothing in our hands. But yeah, with more patience of like a few months till April. As the April has been passed since it made ATH (CMIIW) so those who kept patience and did not monitor the price must be related to this meme.

Panic sell and over trading type mistakes can easily be solved by building the skill to keep patience even when you lose and even when you make profit in both situation we must observe and plan.

[Dr.Bitcoin_Strange]

There is a meme that suits best here


Source is TG

It shows that even when we are holding, we must keep an eye on the market. Maybe we could judge the situation early, and with the right decision, we can make more profit rather than having nothing in our hands. But yeah, with more patience of like a few months till April. As the April has been passed since it made ATH (CMIIW) so those who kept patience and did not monitor the price must be related to this meme.

Panic sell and over trading type mistakes can easily be solved by building the skill to keep patience even when you lose and even when you make profit in both situation we must observe and plan.

You also need to understand that the Bitcoin market is highly unpredictable, and even when you regularly monitor the market it’ll only make you panic when you experience a downturn in the market thereby resulting to panic sales, and maybe even selling at a loss. I’d like to believe that this is just a meme and the illustration you’ve given is only based on a short term view, because I’m pretty sure sooner or later Bitcoin would surpass its current ATH, that’s why the best approach remains the long term approach because even while it’s true that past performances may not always guarantee future results but we can notice that over the decades, Bitcoin has shown amazing recovery and performances in the long term and I’m pretty sure it will continue in the subsequent cycles.

[SamReomo]

In crypto currency trading there isn't any time restriction as long as you want you can trade, and you can trade 24/7 without any issues in crypto market. I'm not a forex or Stock trader and that's why I don't know that there's fixed time for opening or closing of market in those areas but in crypto one can trade 24/7 without any issues.

[Gurujebs]

There is no limit to how we can trade as long as we have chosen the kind we are gong for and could afford taking the result after it, trading is unlike other physical investments whereby we will be restricted to using a specific limit or amount of money for doing it, we can trade and uses the money we have to engage on trading as much as we can afford to because we are not limited or restricted to how we can go in trading.

But I think trading is limited to how you are verified on the exchange you are using. Considering how people use centralized exchanges, most often, there is limitation to amount you can spend on exchange unless you want to go higher, there is tier 1 kyc and other tiers if you are involved in large sum of money, sometimes they even recommend OTC than normal trade.

Imagine a company with million dollars or even a billion dollar, such amount can have a positive effect on the market but the bad side of it is not good especially if it's a book order where anyone can sell their coin. If there is no much demand, it can kill the price of the coin.

[Tribalchief]

In crypto currency trading there isn't any time restriction as long as you want you can trade, and you can trade 24/7 without any issues in crypto market. I'm not a forex or Stock trader and that's why I don't know that there's fixed time for opening or closing of market in those areas but in crypto one can trade 24/7 without any issues.

The crypto market is literally one of the most crazy place to trade. The market is always opened 24/7, and there are so many traders that follows up with the market at every point in time, because any little slumber or mistake can lead to massive opportunity loss within a blink of an eye. But regardless, there are so many opportunities for those that are active and learn always.

[Faisal2202]

It cannot be denied that patience is one of the keys in trading and holding. With thorough preparation and knowledge, then all you have to do is wait patiently and be able to control your emotions well too. because patience and emotional control can make us much wiser in making decisions and actions, not easily confused, and also able to understand the situation and take the right steps when the market does not match our predictions and expectations in the crypto market.

That's right BTW what other keys are important to have to make a successful trade? I agree that we should keep patience when investing and when choosing the token and when taking an entry and exit from the trade too. But we know that's not enough as to back it up I traded in DYDX and I was keeping patience as the trade was spot but it ended in a loss If I had not have kept patience and reacted fast or, should say, in panic, then I might be out of trade soon (with less loss).

We must have the overall insights of the token, like whether patience is needed here or not. What you say for a successful trade is more important I think finding the right token is more important.

[milewilda]

In crypto currency trading there isn't any time restriction as long as you want you can trade, and you can trade 24/7 without any issues in crypto market. I'm not a forex or Stock trader and that's why I don't know that there's fixed time for opening or closing of market in those areas but in crypto one can trade 24/7 without any issues.

The crypto market is literally one of the most crazy place to trade. The market is always opened 24/7, and there are so many traders that follows up with the market at every point in time, because any little slumber or mistake can lead to massive opportunity loss within a blink of an eye. But regardless, there are so many opportunities for those that are active and learn always.

If we do really tend to compare it out with Forex or Stocks then crypto market is something that you could really be able to trade 24/7 on which as long you do have the capital to trade with
then you could really be able ot trade on unlimited matter. It will really be just that depending on how you would really be able to sustain or survive with this volatile space.  There are some several of my forex trader friends did make out some switch to crypto just because of that no closing market and having that higher potential on making profits due to extreme volatility
but of course its something that it is really that more risky than forex. So it will really be that up to you.

[Dr.Bitcoin_Strange]

The crypto market is literally one of the most crazy place to trade. The market is always opened 24/7, and there are so many traders that follows up with the market at every point in time, because any little slumber or mistake can lead to massive opportunity loss within a blink of an eye. But regardless, there are so many opportunities for those that are active and learn always.

I agree. The crypto market is indeed the most volatile, unpredictable and dynamo market to trade. Traders need to be constantly vigilant at all time for any sudden change in trend or market conditions.
The level at which the market trends moves can be so swift and overwhelming for traders, regardless of how experienced or how long you’ve been in the market. Just a little error could result to losses. And this is exactly why it’s important to be well equipped with the necessary skills and knowledge before entering or approaching the crypto market, because it may involve switching to a completely different approach in some cases that the market changes and if you’re not versatile enough in your approaches, you’ll surely end up in losses.

[Gposas]

There is no limit to how we can trade as long as we have chosen the kind we are gong for and could afford taking the result after it, trading is unlike other physical investments whereby we will be restricted to using a specific limit or amount of money for doing it, we can trade and uses the money we have to engage on trading as much as we can afford to because we are not limited or restricted to how we can go in trading.

It would be better to trade as much amount you can afford to lose than to trade as much as you want.
Without getting the proper knowledge of the market, you can end up blowing your portfolio by trading as much as you want... Though there's no closing time of the market, that simply means you can trade as many times as possible without fear of the market closing.

On the other hand, I guess with CEX you have a limit of amount you can buy on a particular trade and with a particular asset... And anything lesser wouldn't be placed on trade... And I guess that's how it is at a higher value and this is a method of keeping the market going (stabilizing)...  Simply stating that the market has a limit buy order and it won't go below that depending on the Exchange

[Stuart]

If as a day trader and as a scalper in trading, you can trade as many assets as possible. But your screen needs to be very wide for you to see everything at once or use multiple screens to view your trade.

On the other hand, it is important that your Capita is watched for profit, not to throw it into the market, coming out with nothing. It is a primary saying in the crypto industry, invest and trade what you can afford to lose. This is to safe guard your heart and emotions.