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RE: DOUBLE YOUR MONEY WITH VERGE ! + $450

in #trading7 years ago (edited)

Dude, may i suggest you something? It is really Nice to make money with Trading, especially when we are starting.
But If you really want to grow as a trader, dont neglect learning the basic stuff, like why prices move, what make prices move, what kind of trading contracts exist, what is the logic behind the technical analysis you use, risk management, and so on.
Dont go only with the hype. Come up with a real reason why you should buy or sell something.
Hunting for tips os good ar the beginning, but always try to understand the reasoning behind the tips.
Like, what is the reason you bought this Verge coin? Graphic analysis, real Future potential, what exactly made you buy It?

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I am just trying to be logic, if verge is going up and down every month so it's good to buy it when it's down and sell it when it's high, I missed the train of litecoin when it was cheap because I didn't have any bitcoin, but now it's too late to buy litecoin I think. Thanks for your tips, they are really golden. But tell me please what coins are you trading and why and what is your predictions.

The problem that I've lost a lot in the first days, I traded ripple and lost a lot, and now I want at least to earn bitcoins that I had before strting in trading, I am in plus in term of dollars but in minus in term of bitcoin.

Actually i am not directly trading Any coins at the moment, because i am new on this blockchain world. I am still learning how evreything works, and trying some experiments before Trading (like the faucets here https://steemit.com/bitcoin/@phgnomo/exploring-the-cryptocurrencies-faucets-free-coins-world-or-wich-faucets-are-the-less-annoying-ones) Next week i Will do a report on the faucet experiment os working.

The thing is, you need to know why you are Trading. Buying and selling based on prices going up and down is a technic called price action. If you like How things are working for you should study more about what make price action work, like support and resistance, and historical prices.

And be sure that some times you will lose. That is where risk management comes in. You need to understand How much risk you are able to support, and How much money you can lose.

Feeling + knowledge os what makes good traders.

Also, check thise Guys on YouTube:
https://www.youtube.com/channel/UCTKyJALgd09WxZBuWVbZzXQ
https://www.youtube.com/channel/UCGyqEtcGQQtXyUwvcy7Gmyg

They always explain why they buy or sell certain coins.

But in the end It Will be your fault or merit the final result of your trade.

Thanks for those links, I will watch their video for sure, but even the best trader can make a mistake, cryptocurrency world is unpredictable sometimes. In trading sometimes the luck play a big role. Or sometimes we have just to buy and wait, I bought some coins and I am still waiting for three months the growth but they keep going down. So I guess it with verge sand bitshare, it's going up now and I will sell it when I will double, I like to double. ☺

Of course I don't buy coins that are not interesting and don't represent any benefit. There are a lot of coins without a website for example. I know a lot about every coin I baught and I investigate on them before I buy. The team, the community, ect.

I can advise you to follow this guy, he is looking for the best coins and I like his predictions : https://steemit.com/@haejin

That is the thing... its all a big guessing and betting game right now.

But every bet that have fundaments and some math behind can increase the probabilty of sucess.

Good luck on your trades!

Also, check this https://cointracking.info?ref=P885091

Its a web app where you can control your trades and see if they are profitable.

I use cryptocompare.com for that

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