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blkul bhai mai apki bat sy 100 percent agree krnga k zyada dhair thuk digital currency ko nhi rkna chahye .
kabhi kabhi ye apko hold mai profit tho dy skta hai lkn zyada chances apky pas yhi hti hai k ap loss risk mai
hty ho bht zyada. is leye be careful forever.
I quite agree with the points you mentioned. As we all know that cryptocurrency trading is becoming really common and more and people are joining just because the price of the bitcoin suddenly flew to the sky and no one was expecting this and after that people thinking that its easy to make money from coins so they are buying but the market is almost dead and its time to buy alt coins but we should do trading in discipline.
Golden cryptocurrency trading rules
1. zaida daar tak coin ko hold mein n rakhin btc ki terha ( two week is dangerous.)
2. never buy into a coin after a dump.
3 learn to understand the bitcoin (nor any) chain
4 learn to understand the correction between bitcoin and
altcoin
learn to understand candle stick charts they offer
significant informtion ,which can t be figured out of
norml lined chart
6 seure winning & limit losses
1. Never chase after gains
Cryptocurrencies are some of the most volatile investments that you can make. One day a coin could jump 20% and then fall all the way back to where it started. If you miss a bounce, it is most likely not a good time to buy into that coin.
If I notice that a coin has jumped 10% within an hour, I will disregard it because I consider it a much higher risk trade. Focus on using technical analysis to get into trades before the jumps.
2. Never invest in coins that you do not understand
Sometimes coins are going to go down after you buy them. You are not going to win on every trade. Too many traders get involved trading coins that they do not even understand or believe in. If you do not believe in a coin, how are you going to expect that coin to bounce back? It puts traders in a tough situation they causes them to hold onto coins for too long.
3. Do not trade to get rich. Trade to build wealth
I use a unique trading strategy that focuses on 3%-5% gain and 3% losses. I find that setting strict boundaries for myself allows me to capture gains while eliminating losses.
4. Sometimes selling is the easiest way to make money
The strict guidelines that I set for myself about are a clear example of this. Do not become too attached to coins. It is human nature to hold onto coins for long periods of time. Remember, there is always a winning market. As a trader, you just have to find it.
I don't know whether there is any brilliant administer in that capacity. It is more to do with utilizing presence of mind. We must be to a great degree particular with these chances. I run with Upfiring, as they have the application that will enable us to procure Cryptocurrency (UFR tokens) by sharing and seeding documents (boosted and decentralized record sharing). The best part is that they have a low market top ICO with huge potential as far as additions and development. In this way, I don't think its tenets however a greater amount of presence of mind.
in my preduction, BTC coin will decline in next 7 to 10 day so dont buy BTC coins in these days.
The volume of cryptocurrency traded by institutions remains small compared to other asset classes. That was one of the key findings of the GreySpark Partners report Charting the growth of cryptocurrencies, which noted that growth in new crypto hedge funds has slowed. By the end of this year, these will still only represent about 2% of the number of funds trading on other asset classes globally.
You can choose the location of your prospective counter-party from a drop-down menu and filter the orders by the offered amount and accepted fiat.
In the past, you have become familiar with the nature of currency movements and are therefore aware of the nature of risk in this area. How can you reduce these risks to the maximum extent possible?
There are a lot of rules that you must follow before and during the course of entering into a transaction, including:
Rule 1: Use the limit loss command.
Rule 2: Do not lose more than 2 - 2.5% of your per transaction.
Rule 3: Based on the analysis of entry and exit.
Rule 4: Do not enter into a deal contrary to the price tendency.
Rule 5: Do not trade in inappropriate times and circumstances.
very good thread its really good and informative kisi bhichez ko zada dair hath main nhi rkhna chahye:1f61d: thanks