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Author Topic: How do you gain profit in crypto trading?  (Read 2345 times)

Offline Gita

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Re: How do you gain profit in crypto trading?
« Reply #15 on: October 20, 2024, 09:12:51 PM »
The more knowledge there is in Crypto market trading, the more profit is seen.  If there is more information about the trends in the market, we will get guidance in it. We should not trade against the trends.

Trading is a risk. If you hold a long-term investment and trade with patience and restraint, you will see a profit in it.

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Re: How do you gain profit in crypto trading?
« Reply #15 on: October 20, 2024, 09:12:51 PM »

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Re: How do you gain profit in crypto trading?
« Reply #16 on: October 20, 2024, 10:55:29 PM »
It's easy to say, but it will be very different when you apply it.
Because all of that is also based on how your trading psychology is, how the trade management is done.

has a strategy that looks quite good, but in the application of trading sometimes it will not be appropriate, there are many mistakes and unexpected moments. More losses are not even really wanted, but when they do then a backup plan is needed to keep them better.
The most common mistake traders make is placing absolute faith in what they've learned from technical analysis books or courses. Lacking experience, they haven't weathered the storms of success and failure, leaving them unprepared mentally for the crypto market.

I'll reiterate the two most crucial skills: risk management and psychological control. These are the cornerstones, more important than any technical analysis method, for a trader to survive in this market. Without them, traders will quickly lose all their capital and have no chance of recovery.
Yes, I think risk management and controlling emotions are more important than analytical skills because in the crypto market we will always be faced with things that will happen outside of our predictions and sometimes different from the analysis we have made and this often happens. It's not that we lack knowledge and experience, but the crypto market is indeed difficult to predict. And this requires good risk management and emotional control if the market changes and differs from the plans we make.
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Re: How do you gain profit in crypto trading?
« Reply #16 on: October 20, 2024, 10:55:29 PM »

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Re: How do you gain profit in crypto trading?
« Reply #17 on: October 21, 2024, 03:48:15 AM »
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.
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Offline MRY

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Re: How do you gain profit in crypto trading?
« Reply #18 on: October 22, 2024, 03:50:47 PM »
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.
Even though it is possible to agree with the assertion that a profound knowledge of the cryptocurrency market is a prerequisite for trading. When we are trading in the field of crytocurrency, one of the things that we cannot do without is information and our attitude. Knowledge empowers us; it helps us minimize the risks we take because once we make a decision, it has been done so after much thought. Besides, by maintaining a steady level of the emotional condition, we will be able to address the problem of changes in the market situation without hesitation and without making fast ill-advised moves. In the long run this disciplined and planned system, we will be more consistent in achieving our targeted profits.
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Offline royalRitta

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Re: How do you gain profit in crypto trading?
« Reply #19 on: October 22, 2024, 05:42:07 PM »
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.

Some tools, responsibility, and knowledge means you are good to go and try yourself on the market, however, you still should be careful about what positions you enter and how you will handle different situations.

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Re: How do you gain profit in crypto trading?
« Reply #20 on: October 23, 2024, 07:13:32 AM »
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.

Some tools, responsibility, and knowledge means you are good to go and try yourself on the market, however, you still should be careful about what positions you enter and how you will handle different situations.

There is no risk if trading carefully. First of all we should have good experience in trading as well as understanding about crypto market. If we don't have any idea and experience then we can never survive in the market.  They should be solved easily. One should never be disappointed by bad market situation and avoid risking money by taking wrong decisions. If someone gets too excited and takes wrong decisions, it can become a big danger for him, so we should  Always make the right decision trading.

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Re: How do you gain profit in crypto trading?
« Reply #21 on: October 23, 2024, 11:16:53 AM »
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
I think that you also create an excellent topic and comment in this post. So i am also agree with your comment. We know that trading is the best technological issue in cryptocurrency market. So i believe that understanding in cryptocurrency market is very important for us. Because without knowledge it will be very hard for development in trading. We can also start our trading for take little money in cryptocurrency market, we also should control our emotions. I think that it will be best profitable system for your trading.

Some tools, responsibility, and knowledge means you are good to go and try yourself on the market, however, you still should be careful about what positions you enter and how you will handle different situations.

There is no risk if trading carefully. First of all we should have good experience in trading as well as understanding about crypto market. If we don't have any idea and experience then we can never survive in the market.  They should be solved easily. One should never be disappointed by bad market situation and avoid risking money by taking wrong decisions. If someone gets too excited and takes wrong decisions, it can become a big danger for him, so we should  Always make the right decision trading.

I do agree. The market is cruel sometimes and doesn't work the way you envisioned initially, however, it shouldn't discourage you from trying to trade properly and learn upon mistakes of others and your own as well.

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Re: How do you gain profit in crypto trading?
« Reply #21 on: October 23, 2024, 11:16:53 AM »


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Re: How do you gain profit in crypto trading?
« Reply #22 on: October 23, 2024, 07:15:57 PM »
As far as I understand the profit in crypto trading depends entirely on experience. Investors must have a thorough understanding of the crypto market to get the best out of crypto trading. And always opt for long term investment in crypto trading. It is definitely possible to make a profit in long-term investments. I always prefer long term investment in crypto trading.  Because I am financially successful today by investing long-term in crypto

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Re: How do you gain profit in crypto trading?
« Reply #23 on: October 24, 2024, 06:35:23 AM »
IMO, even though we have done the tips that we should do as theorized, the results are still different.. because everyone's instincts are different, and also someone's intentions are also different... the same method will not necessarily produce the same profit.


As far as I understand the profit in crypto trading depends entirely on experience. Investors must have a thorough understanding of the crypto market to get the best out of crypto trading. And always opt for long term investment in crypto trading. It is definitely possible to make a profit in long-term investments. I always prefer long term investment in crypto trading.  Because I am financially successful today by investing long-term in crypto


Wow... it seems like you have achieved great success with long-term investment... how long did it take you to achieve that success, my friend? It seems interesting to get tips or knowledge from you.

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Re: How do you gain profit in crypto trading?
« Reply #24 on: October 24, 2024, 07:03:12 AM »
          -      Everyone in the crypto industry knows that the main method here is actually in the trading category, even if others say that you can also earn from STAKES, once the period of staking that we did is over, in the end we will still be trading. activity.

It seems that staking, flexible, mining, bounty hunting, and others that are paid are crypto assets are just some of the ways we can accumulate cryptocurrency.

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Re: How do you gain profit in crypto trading?
« Reply #25 on: October 24, 2024, 01:02:15 PM »
          -      Everyone in the crypto industry knows that the main method here is actually in the trading category, even if others say that you can also earn from STAKES, once the period of staking that we did is over, in the end we will still be trading. activity.

It seems that staking, flexible, mining, bounty hunting, and others that are paid are crypto assets are just some of the ways we can accumulate cryptocurrency.

They are the most known and well-documented types of what can be done without much effort to gain profit.
But much knowledge must be harvested nevertheless in order to utilize each of these properly and with better results.

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Re: How do you gain profit in crypto trading?
« Reply #26 on: October 24, 2024, 04:42:20 PM »
There is NO formula to win in trading, there is no way to know, the safest thing is to analyze the market and previous movements well, that is what can make the difference, I personally would say that when you have to wait to make a good movement that only takes 2 or 3 minutes but that beforehand you have to do a 30-minute analysis, I say that it is worth it, because we are making money thinking, with our intelligence and the right tools we can really make a difference, for me that is the key.
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Re: How do you gain profit in crypto trading?
« Reply #27 on: October 24, 2024, 05:03:10 PM »
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
It is not easy to understand thw technical analysis and fundamental analysis of the market because it takes a whole lot of time and sacrifice to do that. Trading isn't a easy as you think because you are in a high volatile market where the price is unpredictable. This is why it ia good that you don't be a day trader but buy bitcoin at the bear market and sell when the bull market arrives. This is what I do, so that my profit will be guaranteed since there is also a new ATH in every circle during the bull run.

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Re: How do you gain profit in crypto trading?
« Reply #28 on: October 26, 2024, 04:45:58 PM »
To gain profit in crypto trading, you need to follow a few key strategies. First, always stay informed about market trends and news that impact prices. Second, use technical analysis tools to identify entry and exit points for trades. Third, diversify your portfolio to manage risk. Fourth, adopt a disciplined trading approach, setting stop-loss orders to minimize losses. Finally, patience and emotional control are crucial, as markets can be highly volatile.
It is not easy to understand thw technical analysis and fundamental analysis of the market because it takes a whole lot of time and sacrifice to do that. Trading isn't a easy as you think because you are in a high volatile market where the price is unpredictable. This is why it ia good that you don't be a day trader but buy bitcoin at the bear market and sell when the bull market arrives. This is what I do, so that my profit will be guaranteed since there is also a new ATH in every circle during the bull run.
Everyone has their own expertise, if you don't like day trading, you can choose to buy bitcoin when it happens and sell it when it increases. it is safe and profitable but for a professional trader it is more profitable to do day trading because they have expertise and experience there and feel that day trading produces higher profits than just holding.

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Re: How do you gain profit in crypto trading?
« Reply #29 on: October 27, 2024, 09:41:10 PM »
Everyone has their own expertise, if you don't like day trading, you can choose to buy bitcoin when it happens and sell it when it increases. it is safe and profitable but for a professional trader it is more profitable to do day trading because they have expertise and experience there and feel that day trading produces higher profits than just holding.
Holding can also be better and maximized if you know where to enter or buy back and target the price you will go to take profit.

Day trading is not as easy as we think, because it not only depends on technical and fundamental analysis but also depends on how much capital is used and how a person's psychological condition is.

If the capital used is mini, then the profit will also be less and the unstable psychology will make you choose the wrong decision.
The point is that all types of trading have their own risks and of course you have to know what trades are suitable for you, it takes some trial and error.

 

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