bitman007 Posted September 28, 2019 #1 Posted September 28, 2019 A market trend can move far outside the boundary of what people think is possible and become completely removed from fundamental values. Going with the flow of price action by letting your winners run and cutting your losses short is a good psychological practice for a trader. Volatility expands at the end of one trend direction and the beginning of another, what was working stops working and the key to the lock changes for profitable trading. Do you think trading is profitable this time fro any coin ?
Ali saher Posted September 28, 2019 #2 Posted September 28, 2019 I don't think crypto trading profitable this time because few days Btc rate going down and this time no idea rate where go so this time I think not good for trading after 1 week maybe you guess about price go down or up
cryptofly Posted September 28, 2019 #3 Posted September 28, 2019 Pro trades will find at any time a profitable trading season. I think that with that many cryptos available you surely can find that one you will create profit. If you are asking about Bitcoin only I have to say that you must be a pro trader in order to get the best of this volatility. I do trade some coins right now, I have a 12 different coins in my portfolio and due the time we are living now I have to say that DYOR is taking my time badly, but at the end is what I like about this crypto jungle, which is the "that many" changes and so many new products and opportunities. Yes, you can do a positive trading in any season, but you have to be sharp on your skills. My opinion.
iamsheikhadil Posted October 1, 2019 #4 Posted October 1, 2019 On 9/28/2019 at 6:56 PM, bitman007 said: A market trend can move far outside the boundary of what people think is possible and become completely removed from fundamental values. Going with the flow of price action by letting your winners run and cutting your losses short is a good psychological practice for a trader. Volatility expands at the end of one trend direction and the beginning of another, what was working stops working and the key to the lock changes for profitable trading. Do you think trading is profitable this time fro any coin ? I think this is the best time to trade crypto because the prices are really less and they soon to increase in the year 2020 for sure. Any government on any regulation can't really control a decentralized platform and hence it make sense to invest in this technology in the long term.
Buxlobai Posted October 2, 2019 #5 Posted October 2, 2019 I do not think that trading is profitable now.And that's why. Amid the closure of many exchanges, the price will fall-but investors want to get their profit back.Supply will exceed demand, price will fall accordingly.If only to buy for future investment?
Thepug Posted October 2, 2019 #6 Posted October 2, 2019 I wouldn't invest all of your money in to crypto. I would only recommend 1% of your total porfolio to consist of crypto. It is way too risky to invest too much with such fluctuations in the price level. Trading can be very risky but that doesn't mean that large profits can't be made.
Featured Comment
Archived
This topic is now archived and is closed to further replies.