EXPERIENCE OF TRADE COIN RELATIONSHIP WITHOUT LOSS

in #tradecoin7 years ago

EXPERIENCE OF TRADE COIN RELATIONSHIP WITHOUT LOSS

First of all I would like to great to everyone present and are watching Group!

I say before that the experience has lost myself in the financial market in general and the coin market in particular and I do not say I am good at this field, so you consider carefully when reading. Please do not throw rocks!
For a newbie, the following guidelines should be followed:

1/. Identify the capital that is spent idle, if lost does not affect life and start with the small money.

2/. Determine whether the goal is TRADER or HOLDER or both.

3 /. The coin market (see https://coinmarketcap.com) is divided into three sections:
A / Low risk: Top coin 1-4
B / Medium risk: Top coin 5-11
C / High risk: The coin has good information but has small capital.

4 /. If conditions permit then divide the capital as follows: 60% to 3a + 20% to 3b + and 20% to 3c.
And 3a respectively would be long term, 3b medium term and 3c would be surfing.
P / s: Do not listen to everyone that invested in 3c, if lucky account x2, x5, x10 ... but the possibility of losing white will be very high. I'm slow, but I do not need much words just hoping that you will not lose capital, when you lose capital you will fall into misery!
For example: if you have $ 100 if you slowly x2 account then you will have $ 200. If you lose 50%, that means only $ 50, hard from here. Now you want to have $ 200 then x4 account, not easy!
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5 /. The newbie mistake is to choose the cheap coin that buy just because it, cheap hope it's quick x2, x10 that ignore the information is wrong, because these kind of coin will kill those who do not know quickly .
Example: Coin A costs 0.1 BTC and coin B costs 0.000000050 (50 satoshi) and have you ever thought what would happen if A and B together reduced 1 shatoshi ???. A reduction of 1 Satoshi is nothing, but a decrease of 1 Satoshi means that your B in 2% reduction, is that terrible?

6 /. In-depth capital management: After investing in the principles of 3a, 3b and 3c, you should not use up all your funds for one set of buy or sell orders. In a sale. When buying and selling you have to combine more news and technical analysis, in my experience 20% of technical analysis and 80% of news affected; Therefore, when the market does not have any significant news, it mainly relies on technology and vice versa. If the initial capital is too small to divide so much, then you should choose 3a or 3b only and HOLDER is the main strategy, the possibility of winning 3a is over 85% but slowly. And remember not to buy the top, selling the bottom!

Turn back a little time, the old days who ever played GIVE - RECEIVED sure the high interest rate is 30% per month, that is 100 days new account x2, if playing 100% of your capital still risky. muzzle; The stock market is where the stock you hold from 6 months to 1 year is normal, the IPO is much longer ... Today Trade coin you should not be too hot will spoil the story! Do not see anyone else win big greed! Sometimes I have to review myself want to buy in the moring and have profit in the afternoon (if it is too good) is too excessive and too lazy ?!

For example, more than 10 days ago, some of you bought XRP at 130 or 150 or 170, until the price of 100 - 103, but because XRP is the top 3 for investment 3a, If you wait within 100 days, you will be able to collect the capital and interest at least 50-100% depending on the price at the time of purchase!

So in summary you want to make money and preserve the capital, then you must know the time. Particularly in the 3c group, the opposite is a short cut, newbie khg should play too large in this segment.

7 /. Many of you keep wondering what do technical analysis now do ?! Nothing to worry about, I myself do not know too much technical analysis ... just know what need to know! First of all you have to know the candlestick, the resistance, the support, the Bollinger Bands, if you like, then the MACD is ok, (who knows more then just analyze Also, see an analyst and evaluate it yourself. These are up youtube find out are full, choose which clips easy to understand that learn. When analyzing too long the opportunity will fly away, analysis will pay the price! Ah! Forget about 1 important thing in analysis is to pay attention to the time frame of 15 ', 30', 1h, 4h, ..., 1 day ... will give different values in the short or long term.
P / s: When I talk about technical analysis with just use a few simple tools, the experts "like" analyze will throw stones here, but no, this is not a lesson in class but experience Nobody should not be discussed here.

8/. News and rumors: Need to distinguish the difference between news and rumors, News is the real confirmation, once the fake news, it is rumored. When you receive a message, you should find out and analyze it for news or rumors. The first is to look at the original anchor, news anchor and original anchor, see more in other forums and commentary on the news and do not forget to lokk at the posting time. A reputable person will have many Views, Like, Follow, Subscribed and many good comments or vice versa, if you know the original posters, then what else?

Sometimes the rumor that many people accept it will be good news in the short term (surfing). Recently there is a coin top 10 rumors are about to get into Okcoin market and the result is that coin has increased nearly tripled from the price hit bottom! After Okcoin confirms the truth, this coin remains close to x2 because it is a top coin (if the other coin gets deeper).

Also you should not listen to the instigated by some of the coin pump group is small (small volume), this is the rumor of one or a few self-profiteers who like you will be the victim. . If the knowledge is limited you should only invest in groups 3a and a few 3b (review the previous post).

For example, here's the problem: Coin Y is priced at 5 Shatoshi, 100 BTC volume, and in the group you are notified 19 PM tonight, WHALE will eat Pump to the moon. Thus, the "ADMIN" in the Pump group only need to hand in 30 BTC and start buying coin Y slowly, until nearly 19 hours they buy in large quantities push prices up to 10-20%. At that time, people believed that WHALE had appeared, believed to be real and started to buy. Assume that in your group you have 500 people, lots of participants, few people, and some do not participate ... on average each participant 0.2 BTC so the total capital injected into coin Y = 0.2BTC x 500 = 100BTC, right Price immediately increased more than 100%. While the 500 brothers are eager to buy in, but does anyone know that the amount of coins they are buying is mostly from the "ADMIN" flushed out for you to get in, he is safe and double the account. What's wrong with you? We stomp on each other to live, killing fellow ... who escape early, say 50%, 40% ... 10% or lucky draw the capital, most of the rest is tan body. So the number of people with little interest still believes that WHALE pump is real, the rest blamed himself on the order is too slow, more importantly the reputation of "ADMIN" is still intact and 500 brothers continue Abused in the next game. It is pitiful. The figure in the article is illustrative, if Group Pump has a few thousand people, the consequences are more terrible.

In short, the pump (not bad 100% ) has to be checked, checked several times for its honesty and importance should be received from the ADIM has "mind" and prestige and decision. Lastly is with your decision.

News and rumors after confirming how much fidelity and should be combined with a little technical analysis that you can confidently battle alone.

9 /. Personal Psychology - Trade Time Fund - How to enter & order:

The psychology itself must be really firm, so the need to know the knowledge from the number 1 /. To 8 /. In two previous articles. When the market fluctuates strongly, it is necessary to determine what is the peak and the bottom, determine immediately which price to buy and sell immediately, when deciding whether to definitely buy - sell or long term hug and decide then khg. regrets!

Trade time fund: should spend reasonable time for each way to hit TRADER or HOLDER. Also spend a lot of time learning the coin you have and will hold.

On the command SELL / BUY: you need to determine how much capital for that command, do not enter by the feeling, for example the quantity of 10, 100, 1000 ... will not control the effect or damage caused by that command. You must specify this order 10 $, 100 $ ... or 0.01 btc, 0.05btc, 0.1 btc ... until take profit (loss) 10%, 20% ... also know how effective or how much damage. Sometimes you keep up to 10,000 coin A, when the price doubled, think that you hit big turned out 10,000 coin A price of only $ 2 for example !!!

On the SELL / BUY you should turn Bollinger bands up and determine the temporary peak and bottom prices. When buying, it is recommended to place a little more than the bottom (one more bottom 1, bottom 2 ...); Likewise, when you want to sell, sell below the price of a little bit (can specify more top 1, top 2 ...). In summary, you can buy multiple installments and sell multiple installments.

10/. TAKE PROFIT & STOP LOSS: You have to determine this in advance when the potential command will win and how much% of loss is cut (combined with long or short term strategy light). Maybe you set a goal of 10% increase and 10% cut and 10% cut, this will be true but not enough. Usually you consider the Bollinger Bands to be peaks or troughs (short-term and long-term). + Current news is whether it is going well or bad.

The floor fee is small, big but it must know it, someboy continueuos buy and sell for a while, afterthat to see the negative account because of this wrong charge. For example Bittrex floor fee 0.25% then you have to charge for a purchase is 0.25 x 2 = 0.5% . When the Sell order is greater than 0.5%, it will be profitable. Quick tips to understand: you take profit and cut 8% loss, then the purchase price x 92% or purchase price x 108% is immediate results.

Example: The price hit the bottom of this fall is merely a correction, in addition to nothing bad news so what to cut even if it fell 10%?!

If it is certain that it will fall deeper, it will cut losses and buy at lower prices.

Also you have capital conditions should apply DCA method (DOLLAR COST AVERAGE)

For example: Buy a coin A buy at $ 100, now reduced to $ 80, you buy another 1 A, so you will have 2 coin A at an average price of $ 90 ... and so on if you Have faith with A. When you sell too, to avoid losing or eat early, you also split up the selling price increases from the price that feel accepted to profit.

11 /. Bull Trap / Bear Trap / Burning Account: Sometimes you will see a certain amount of a coin increase very quickly and also shocked (and vice versa) this is WHALE set traps, those who lack experience, Weak psychology will be trapped, either to buy high prices and then drop the carpet, or sell at a cheap price and watch coin sales have increased. Usually the players playing Margin that play big when the account burns similar phenomena, prices in a deep fall and then rise again. So when the market fluctuates and is expected to have more accounts will burn, then you can order a cheaper price!

12/. BUY WALL & SELL WALL is the place that is blocking the purchase price or selling price in a large or large quantity. Usually this information is for reference only because you have to know that when the giants want to threaten you to fall into their trap, they will place the lock and you must know that this command has the right to cancel any time before order matching. Therefore Buy Wall or Sell Wall can be real can also be virtual. I personally only refer to this indicator and are worth about 20% or less in the decision.

13 /. Scam and Need to know: All your personal accounts: email, facebook, zalo, telegram, trade account, blockchain, bank account, including your laptop, your phone and your regular SIM. It is money, so it has to be the most secure and protected, turn on two layers of security, absolutely not foolish to provide any information about your account or text messages even when you need someone help you. All are Scam. No matter how successful your trade is, Scam is only zero and your obsession is forgotten! Pay close attention when carrying the phone, Ipad, Laptop out repair.

14 /. Trade coin should pay attention to the price of BTC on https://bitcoinwisdom.com/ because Bitcoin fluctuations, the Altcoin market is more or less affected. There is no clear rule of coincidence or inversion with the BTC with more than 700 coin, there will also be some decrease and some increase, just note that it is dynamic to not worry too panic and be calm. See what to do next or simply wait.

15 /. IMPORTANT THINGS

You have the right to see what other people say, what they analyze ... but belive or not is up to you. Should see for your reference + knowledge = income.
• How long does dump or pump information last and should be considered in the short and long term. Many of you buy the afternoon finished complaining ... the next day increased dramatically ... Or buy the next day 5-10% increase and you do not know how to pass the next few days to fall deep! Also complain!
• You should create your own knowledge. Make a fishing rod and you do not have to go to ask a fish to eat every day, is very dangerous.
• News and Rumors is a double-edged sword that can help you today and kill you tomorrow if you do not know how to find out!

WISH ALL THE SUCCESS

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