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Author Topic: Earning from Crypto Platforms.  (Read 13895 times)

Offline Blaze

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Re: Earning from Crypto Platforms.
« Reply #105 on: November 22, 2024, 11:45:30 PM »
Of course, this must also be based on analysis based on knowledge and experience. Because if we say we are confident enough while we do not have the knowledge, then that is called careless or too greedy.

We must be able to distinguish between good self-confidence and bad self-confidence. Because sometimes in some situations we find it difficult to distinguish between what is good and what is wrong, because both look the same, but are different.
The beliefs that are built on confidence that is gotten from knowledge and experience will yield positive outcome than belief that is formed without any substance. If we don’t spend time and effort to familiarise ourselves with the steps that we wish to take, we will just act on impulse out of passion and avarice. The sharper this ability gets we shall be able to avoid hasty decision making. By practising patience and by relying more on our logic we are better equipped to make better decisions when the circumstances appear to be very cloudy.

Yes, confidence without sufficient knowledge is called careless, I agree with you. In making investments or trading we must have sufficient knowledge and experience, not just relying on self-confidence without being based on knowledge and correct analysis. because it will only bring mistakes and losses. and all that requires learning and honing skills in making analysis and strategies.
Exactly what I was thinking, it is not enough to be courageous without having a responsible knowledge of investing or trading. Being informed and thinking critically would be naïve things that you shouldn’t rule out if you want to be successful and keep the loss on the minimum. By learning these skills,through constant practise it’s possible to make the right decisions in life.

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Re: Earning from Crypto Platforms.
« Reply #105 on: November 22, 2024, 11:45:30 PM »

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Offline ajiz138

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Re: Earning from Crypto Platforms.
« Reply #106 on: November 23, 2024, 06:25:23 PM »

Of course, this must also be based on analysis based on knowledge and experience. Because if we say we are confident enough while we do not have the knowledge, then that is called careless or too greedy.

We must be able to distinguish between good self-confidence and bad self-confidence. Because sometimes in some situations we find it difficult to distinguish between what is good and what is wrong, because both look the same, but are different.
Yes, confidence without sufficient knowledge is called careless, I agree with you. In making investments or trading we must have sufficient knowledge and experience, not just relying on self-confidence without being based on knowledge and correct analysis. because it will only bring mistakes and losses. and all that requires learning and honing skills in making analysis and strategies.
Well here it is natural if some people consider trading the same as gambling, yes when the person is only confident without knowledge, so they only hope for great luck to come to them.

Yes I also think that there is a luck factor in trading, that's not wrong. However, luck in trading goes hand in hand with knowledge and skills and experience. Or in other words we will get luck because we have adequate knowledge.

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Re: Earning from Crypto Platforms.
« Reply #106 on: November 23, 2024, 06:25:23 PM »

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Offline doc

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Re: Earning from Crypto Platforms.
« Reply #107 on: November 24, 2024, 04:36:49 PM »

Of course, this must also be based on analysis based on knowledge and experience. Because if we say we are confident enough while we do not have the knowledge, then that is called careless or too greedy.

We must be able to distinguish between good self-confidence and bad self-confidence. Because sometimes in some situations we find it difficult to distinguish between what is good and what is wrong, because both look the same, but are different.
Yes, confidence without sufficient knowledge is called careless, I agree with you. In making investments or trading we must have sufficient knowledge and experience, not just relying on self-confidence without being based on knowledge and correct analysis. because it will only bring mistakes and losses. and all that requires learning and honing skills in making analysis and strategies.
Well here it is natural if some people consider trading the same as gambling, yes when the person is only confident without knowledge, so they only hope for great luck to come to them.

Yes I also think that there is a luck factor in trading, that's not wrong. However, luck in trading goes hand in hand with knowledge and skills and experience. Or in other words we will get luck because we have adequate knowledge.
I agree with you, luck in trading exists, but it takes skill and knowledge in trading. and we can't always rely on luck. in trading we do analysis, strategize, make target plans, etc., and if it has been achieved we can sell our coins, according to our target.
sometimes we also experience luck where the price of the coins we have soars and exceeds our target, this is called luck, but it will not always be there.

Offline Blaze

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Re: Earning from Crypto Platforms.
« Reply #108 on: November 24, 2024, 05:39:32 PM »
Well here it is natural if some people consider trading the same as gambling, yes when the person is only confident without knowledge, so they only hope for great luck to come to them.

Yes I also think that there is a luck factor in trading, that's not wrong. However, luck in trading goes hand in hand with knowledge and skills and experience. Or in other words we will get luck because we have adequate knowledge.
Well, Trading surely has the reputation of simply being a game of luck, however in terms of success in trading, it rather depends on our preparation and knowledge. Without providing for it, alone there will be no possibility to expect the results from self confidence. More focused decisions cannot be made without knowledge and experience, resulting in coincident results.

Trading is also about luck or failure, but not as a main determinant of success, rather as the complement. If we choose to continue to refine and learn from every decision, not only will we create more opportunity for success but we will continue to grow in our own understanding. Luck arises like fruit of our labour when our knowledge and preparation coincide.

Offline Crypto Library

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Re: Earning from Crypto Platforms.
« Reply #109 on: November 24, 2024, 07:14:23 PM »
Well, Trading surely has the reputation of simply being a game of luck, however in terms of success in trading, it rather depends on our preparation and knowledge. Without providing for it, alone there will be no possibility to expect the results from self confidence. More focused decisions cannot be made without knowledge and experience, resulting in coincident results.

Trading is also about luck or failure, but not as a main determinant of success, rather as the complement. If we choose to continue to refine and learn from every decision, not only will we create more opportunity for success but we will continue to grow in our own understanding. Luck arises like fruit of our labour when our knowledge and preparation coincide.
In my personal point of view what I think about trading yes it is also about luck I mean sometime it is kind of a gambling for some people who don't know about trading what is the trading analysis like the technical analysis and the fundamental analysis. Even then if they jump into trading then there is nothing can be said out that there having only gambling.
But here I want to also say that it has something like who have the trading knowledge like knows the technical analysis and the fundamental analysis and also know about the market movement psychology. For  these people yes trading is something that they can took it for the career and also build good profit by doing trading.

Offline enwi

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Re: Earning from Crypto Platforms.
« Reply #110 on: November 25, 2024, 08:12:40 AM »
In my personal point of view what I think about trading yes it is also about luck I mean sometime it is kind of a gambling for some people who don't know about trading what is the trading analysis like the technical analysis and the fundamental analysis. Even then if they jump into trading then there is nothing can be said out that there having only gambling.
But here I want to also say that it has something like who have the trading knowledge like knows the technical analysis and the fundamental analysis and also know about the market movement psychology. For  these people yes trading is something that they can took it for the career and also build good profit by doing trading.
In trading it is not only chance which allows one to succeed, but rather management of information and the application of the correct strategy. If not well prepared, we stand a higher risk of taking some wrong moves which in fact will be counterproductive. In other words by keeping brainstorming and trying to understand every decision we get, it is easier to refine the skills to ensure the decision is sharper and can deliver a better result. This takes patience and sooner rather than later experience will breed the confidence which is based on real ability not wishful thinking.

Offline lombok

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Re: Earning from Crypto Platforms.
« Reply #111 on: November 25, 2024, 08:03:14 PM »
In trading it is not only chance which allows one to succeed, but rather management of information and the application of the correct strategy. If not well prepared, we stand a higher risk of taking some wrong moves which in fact will be counterproductive. In other words by keeping brainstorming and trying to understand every decision we get, it is easier to refine the skills to ensure the decision is sharper and can deliver a better result. This takes patience and sooner rather than later experience will breed the confidence which is based on real ability not wishful thinking.
Trading puts us at the mercy of luck, but there aren’t many things that ask for more good preparation and analysis than trade. We can better manage risk, and the decisions we make will be more defined as long as every step has an accurate data to support it. Because if we make mistakes, they can be opportunities to learn, not mistakes to avoid, as each experience represents a learning otherwise, and tips the lessons we can bring to each new endeavour.

The patience we can practise while evaluating strategies, and the consistency from that evaluation, builds confidence based on real results. There are no instant results, but a process that is constantly refined will lead to long term advantage. For this, continuously developing it an invaluable asset in the world of trading.

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Re: Earning from Crypto Platforms.
« Reply #111 on: November 25, 2024, 08:03:14 PM »


Offline Crypto Library

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Re: Earning from Crypto Platforms.
« Reply #112 on: November 26, 2024, 04:37:37 PM »
In my personal point of view what I think about trading yes it is also about luck I mean sometime it is kind of a gambling for some people who don't know about trading what is the trading analysis like the technical analysis and the fundamental analysis. Even then if they jump into trading then there is nothing can be said out that there having only gambling.
But here I want to also say that it has something like who have the trading knowledge like knows the technical analysis and the fundamental analysis and also know about the market movement psychology. For  these people yes trading is something that they can took it for the career and also build good profit by doing trading.
In trading it is not only chance which allows one to succeed, but rather management of information and the application of the correct strategy. If not well prepared, we stand a higher risk of taking some wrong moves which in fact will be counterproductive. In other words by keeping brainstorming and trying to understand every decision we get, it is easier to refine the skills to ensure the decision is sharper and can deliver a better result. This takes patience and sooner rather than later experience will breed the confidence which is based on real ability not wishful thinking.
I am also saying that thing. Some people's takes it as may be the trading outcome I mean the profit depends on luck but this is not true at it all.
As I said for having profit and generating an passive income from the trading we have to learn lot's of things like the Basics analysis, Technical analysis and the fundamental analysis and after that the trader need to practice themselves on a demo option and then when we acquire the thing that how trading is working in the market and when he will be able to understand the trading sentiment on market he can jump into trading other wise that will be one kind of gamlbing.

Offline Blaze

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Re: Earning from Crypto Platforms.
« Reply #113 on: November 27, 2024, 06:32:01 AM »
I am also saying that thing. Some people's takes it as may be the trading outcome I mean the profit depends on luck but this is not true at it all.
As I said for having profit and generating an passive income from the trading we have to learn lot's of things like the Basics analysis, Technical analysis and the fundamental analysis and after that the trader need to practice themselves on a demo option and then when we acquire the thing that how trading is working in the market and when he will be able to understand the trading sentiment on market he can jump into trading other wise that will be one kind of gamlbing.
We must gain a little more knowledge before we can sit down and trade all day making all the money we want. This takes time to know how the market works and what drives it. This way, through knowledge of different analysis methods and preliminary runs of simulations we can minimise danger and maximise chances for it to be successful. They form the groundwork for more special decisions.

Once we have noted the pattern of the target market movements and the emerging sentiment, then trading becomes a more or less managed exercise quite away from the mere speculative feel. Establishing practise and experience of experiences enables the consistent continuing of establishment. But on this page and on subsequent pages, patience and the motivation to continue learning becomes the virtue so that that success achieved are not mere accident but earned success.

Offline Crypto Library

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Re: Earning from Crypto Platforms.
« Reply #114 on: November 27, 2024, 09:21:07 PM »
We must gain a little more knowledge before we can sit down and trade all day making all the money we want. This takes time to know how the market works and what drives it. This way, through knowledge of different analysis methods and preliminary runs of simulations we can minimise danger and maximise chances for it to be successful. They form the groundwork for more special decisions.

Once we have noted the pattern of the target market movements and the emerging sentiment, then trading becomes a more or less managed exercise quite away from the mere speculative feel. Establishing practise and experience of experiences enables the consistent continuing of establishment. But on this page and on subsequent pages, patience and the motivation to continue learning becomes the virtue so that that success achieved are not mere accident but earned success.
Obviously, we should know first how the trading is working then start learn on it and make test and then start investing on it. And in the main time I also think that we don't have any word to think that trading is easy think like we will invest here and after 2 days we will get 2x profit. Some people were also investing in trading with these kind of goal.

In my personal point of view I think there is lots of think to learn in trading and sometimes for some peoples it takes some years to have the get professional on trading so this is not easy think. Like we also work on our office or freelancing we have to study first about that sector here also the same things.

Offline Ujok

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Re: Earning from Crypto Platforms.
« Reply #115 on: November 27, 2024, 09:54:25 PM »
We must gain a little more knowledge before we can sit down and trade all day making all the money we want. This takes time to know how the market works and what drives it. This way, through knowledge of different analysis methods and preliminary runs of simulations we can minimise danger and maximise chances for it to be successful. They form the groundwork for more special decisions.

Once we have noted the pattern of the target market movements and the emerging sentiment, then trading becomes a more or less managed exercise quite away from the mere speculative feel. Establishing practise and experience of experiences enables the consistent continuing of establishment. But on this page and on subsequent pages, patience and the motivation to continue learning becomes the virtue so that that success achieved are not mere accident but earned success.
Obviously, we should know first how the trading is working then start learn on it and make test and then start investing on it. And in the main time I also think that we don't have any word to think that trading is easy think like we will invest here and after 2 days we will get 2x profit. Some people were also investing in trading with these kind of goal.

In my personal point of view I think there is lots of think to learn in trading and sometimes for some peoples it takes some years to have the get professional on trading so this is not easy think. Like we also work on our office or freelancing we have to study first about that sector here also the same things.
Becoming a professional trader is not easy, it takes a lot of time and effort to learn more knowledge to become a professional trader, many people want to get more profit even 2x daily profit but they have no knowledge in the crypto market or even no knowledge about crypto then what he gets is a loss if he gets a profit means it's just luck ... traders must have knowledge in analyzing the market and have a strategy or plan when to buy and when to sell.

Offline MRY

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Re: Earning from Crypto Platforms.
« Reply #116 on: November 28, 2024, 04:51:23 AM »
Becoming a professional trader is not easy, it takes a lot of time and effort to learn more knowledge to become a professional trader, many people want to get more profit even 2x daily profit but they have no knowledge in the crypto market or even no knowledge about crypto then what he gets is a loss if he gets a profit means it's just luck ... traders must have knowledge in analyzing the market and have a strategy or plan when to buy and when to sell.
I think that the path to becoming a highly successful trader involves persistent work to acquire knowledge of the different aspects of the market. People do want to have huge cash and but doing this they are likely to land up in the wrong side of the coin If there are no efforts put in place. Pros present in the crypto market can go hand in hand with highly developed sense of price fluctuations, patterns or other factors that may impact the market.

Having enough information we are able to create a concise plan of how to react on market shifts. Timing of when to enter and exit are parts that are also involved in a process, which has to be done frequently. Moreover, being a professional trader you can be a successful businessman any time, not just by lucky guesses, but by waiting, thinking and making certain decisions. This means that in this trading world, learning plus experience will be the main attributes for growth.

Offline Crypto Library

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Re: Earning from Crypto Platforms.
« Reply #117 on: November 28, 2024, 09:03:30 PM »
Becoming a professional trader is not easy, it takes a lot of time and effort to learn more knowledge to become a professional trader, many people want to get more profit even 2x daily profit but they have no knowledge in the crypto market or even no knowledge about crypto then what he gets is a loss if he gets a profit means it's just luck ... traders must have knowledge in analyzing the market and have a strategy or plan when to buy and when to sell.
I think those people who wanted to have 2x profit daily I think those are not trader those are the Gambler. The only difference is here they what about thinking to trading is also a kind of thing like gambling.
Even for a professional trader making his asset double in one day will be so hard. I saw a video of a professional trader who was saying that when a person want to do trading he must have to a valid reason and after that he should learn the market psychology and then learn about the trading analysis after that when you will practice on the demo versions and have some experience then he can start his trading and if he can made 5% of his initial investment in every month in the language of trading he is an good  trader.

Offline satpol_PP

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Re: Earning from Crypto Platforms.
« Reply #118 on: November 28, 2024, 10:35:08 PM »
Becoming a professional trader is not easy, it takes a lot of time and effort to learn more knowledge to become a professional trader, many people want to get more profit even 2x daily profit but they have no knowledge in the crypto market or even no knowledge about crypto then what he gets is a loss if he gets a profit means it's just luck ... traders must have knowledge in analyzing the market and have a strategy or plan when to buy and when to sell.
I think those people who wanted to have 2x profit daily I think those are not trader those are the Gambler. The only difference is here they what about thinking to trading is also a kind of thing like gambling.
Even for a professional trader making his asset double in one day will be so hard. I saw a video of a professional trader who was saying that when a person want to do trading he must have to a valid reason and after that he should learn the market psychology and then learn about the trading analysis after that when you will practice on the demo versions and have some experience then he can start his trading and if he can made 5% of his initial investment in every month in the language of trading he is an good  trader.
Actually in trading we should not be greedy, we must have the right analysis and plan. Being able to achieve 2x profit in a day is a great achievement and it can only be done by professional traders. I can't do that because in trading I am still learning and trying to hone my skills in making analysis and developing the right strategy.
Maybe if my knowledge, experience and skills are good, I can get a lot of profit from trading, currently I am still in the learning stage.

Offline MRY

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Re: Earning from Crypto Platforms.
« Reply #119 on: November 29, 2024, 03:31:09 PM »
Actually in trading we should not be greedy, we must have the right analysis and plan. Being able to achieve 2x profit in a day is a great achievement and it can only be done by professional traders. I can't do that because in trading I am still learning and trying to hone my skills in making analysis and developing the right strategy.
Maybe if my knowledge, experience and skills are good, I can get a lot of profit from trading, currently I am still in the learning stage.
Patience and the ability to continue seeking knowledge are priceless within trading as an activity. It is all about making a standard to obtain good results, which needs time and process to develop a good analytical and the planner. Not every success is achieved at once and every parcel of the journey whether it is a small profit or experience out of failures will build the ground of improved success.

As you tend to enhance your existing knowledge with more experience, success will be made even more accessible. This process not only explicitly develops more technical aspects, but also teaches how to regulate emotions and hence how to make better decisions. Anything we do today is a investment and a commitment on ourselves towards becoming a more reliable trading partner in the future.

 

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