{"id":1098,"date":"2018-06-28T18:40:00","date_gmt":"2018-06-28T17:40:00","guid":{"rendered":"http:\/\/www.wasteyourtime.co\/?p=1098"},"modified":"2019-09-09T13:23:43","modified_gmt":"2019-09-09T12:23:43","slug":"trading-with-crypto","status":"publish","type":"post","link":"https:\/\/traders-paradise.com\/magazine\/2018\/06\/trading-with-crypto\/","title":{"rendered":"Just 5 F***ing Minutes In Trading To Find What BS Is"},"content":{"rendered":"<p><span style=\"font-weight: 400;\"><strong>Start with a small amount if you do not have a lot of money.<\/strong> <\/span><br \/>\n<b>Stop on what you consider to be the last stop.<\/b><\/p>\n<p style=\"text-align: right;\"><i><span style=\"font-weight: 400;\">2 min read<\/span><\/i><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1099\" src=\"http:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/title-e1530207230624.jpg\" alt=\"\" width=\"816\" height=\"502\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1901\" src=\"http:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/just-5-fing-minutes-in-trading-to-find-what-bs-is-2-e1532952701289.jpg\" alt=\"Just 5 F***ing Minutes In Trading To Find What BS Is\" width=\"700\" height=\"247\" \/><br \/>\n<b><\/b><\/p>\n<p><b>These are the best trading tips you&#8217;ll ever get. <a href=\"https:\/\/traders-paradise.com\/most-common-mistakes-made-by-beginners-trading-cryptos\/\">Remember this<\/a>:<\/b><\/p>\n<p><b><i>* When the market is sinking rapidly &#8211; buy.<\/i><\/b><br \/>\n<b><i>* But when it rises, place a stop order at the price of the purchase.<\/i><\/b><br \/>\n<b><i>* Each time the value rises to $100, move the stop for $100. Follow the trend. \u00a0Every time you move your stop, it protects your profit. Follow the trend until the momentum is lost or until everything is reversed.<\/i><\/b><br \/>\n<b><i>* Do not try to predict the climax. Continue moving the stop order point.<\/i><\/b><br \/>\n<b><i>* Stop on what you consider to be the last stop.<\/i><\/b><\/p>\n<p><span style=\"font-weight: 400;\">So, you want to enter the crypto-trading? You do not want some small 10% ROI after a year on a regular old stock market because it&#8217;s for grandparents and old people. Or you want to quit your business with a middle finger and immediately start trading cryptos. Okay!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Maybe it&#8217;s your dream to become Gordon &#8220;greed is good&#8221; Gekko, or Jordan Belfort, a Wolf from Wall Street? Or you may want to blow up and do not want anything less than a yacht, a villa and a girl in a bikini scrambling around one of your pools. All this and even more <\/span><b>FULLY <\/b><span style=\"font-weight: 400;\">can be yours! Find how HERE<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_74 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/06\/trading-with-crypto\/#Are_you_ready_to_turn_your_dreams_into_reality\" >Are you ready to turn your dreams into reality?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/06\/trading-with-crypto\/#How_to_make_money_with_cryptos\" >How to make money with cryptos?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/06\/trading-with-crypto\/#FIRST_QUESTION\" >FIRST QUESTION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/06\/trading-with-crypto\/#SECOND_QUESTION\" >SECOND QUESTION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/06\/trading-with-crypto\/#Buy_cheap_sell_more_expensive\" >Buy cheap, sell more expensive!\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/traders-paradise.com\/magazine\/2018\/06\/trading-with-crypto\/#The_reasons_why_new_traders_are_losing_are\" >The reasons why new traders are losing are:<\/a><\/li><\/ul><\/nav><\/div>\n<h4><span class=\"ez-toc-section\" id=\"Are_you_ready_to_turn_your_dreams_into_reality\"><\/span><b>Are you ready to turn your dreams into reality?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Cryptocurrencies have some of the best ROI in history (ROI = return on investment) and you have a great opportunity to earn good money.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"How_to_make_money_with_cryptos\"><\/span><b>How to make money with cryptos?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">Stories like &#8220;&#8230; I invested all my money in<\/span><i><span style=\"font-weight: 400;\"> Ethereum<\/span><\/i><span style=\"font-weight: 400;\"> (and so are all my friends) &#8230;&#8221; they are fun at some level (students can afford some risks because if they lose everything they will have a lot of remaining life to recover later).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the Internet, you could read the announcement of a person who pawned his car because he wanted to enter the &#8220;shit coin pump&#8221; \u00a0where traders gather and buy like crazy to inflate a collapse of crypto. Before it falls on idiots. Of course, he lost all the cryptos and his wife kicked him out. This is not good and you do not want to be that guy.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"FIRST_QUESTION\"><\/span><b>FIRST QUESTION<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">&#8220;Do you have enough money to invest?&#8221;, is the first thing you need to ask yourself because if you have extra money, you would be surprised what you can do with it.<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">Start with a small amount if you do not have a lot of money. Careful. You should only invest money that you can afford to lose.<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Of course, nothing stops you to take a loan, sell a cottage, another apartment, a wife&#8217;s car, something that you do not need anyway. It will be hard not to make money. The crypto will not disappear as the Internet has not disappeared.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"SECOND_QUESTION\"><\/span><b>SECOND QUESTION<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">&#8220;Are you a<\/span><b><i> buy-and-keep<\/i><\/b><span style=\"font-weight: 400;\">, or a <\/span><b><i>trader<\/i><\/b><span style=\"font-weight: 400;\">?&#8221; This is the second question that you need to ask yourself when trading with crypto. Because these are two completely different things.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Simply, just buy and keep is the right strategy for most people. You should get some of the famous cryptos like<\/span><i><span style=\"font-weight: 400;\"> Bitcoin<\/span><\/i><span style=\"font-weight: 400;\">,<\/span><i><span style=\"font-weight: 400;\"> Litecoin<\/span><\/i><span style=\"font-weight: 400;\">, or <\/span><i><span style=\"font-weight: 400;\">Ethereum<\/span><\/i><span style=\"font-weight: 400;\">, put them in cold storage and forget about them. Do not read the news and do not worry about wild swings or predictions of a collapse from the &#8221;yellow&#8221; press.<\/span><br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1100 alignright\" src=\"http:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/stay-calm-e1530207557962.jpg\" alt=\"\" width=\"224\" height=\"224\" \/><br \/>\n<span style=\"font-weight: 400;\">But if you want to trade cryptos, this is something else, because that means looking for information on how to enter and exit the market. We<\/span> recommend<span style=\"font-weight: 400;\"> you to do some <\/span><b><i>research<\/i><\/b><span style=\"font-weight: 400;\"> before you accidentally select some cryptos and look at their charts because otherwise you will trade blindly and you don&#8217;t want that. The rules of the game are basic, but it&#8217;s important to remember: <\/span><br \/>\n<b><\/b><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Buy_cheap_sell_more_expensive\"><\/span><b>Buy cheap, sell more expensive!\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>There are<b> two<\/b> parts: <b>earning money<\/b> and <b>keeping!\u00a0<\/b>Most people fall and burn in the second part because everyone earns money and then immediately invests it further.<b> Trading with crypto is like a golden fever!<\/b> You are like the <b>conqueror<\/b> of new territories.<\/p>\n<p>You <b>enjoy<\/b> the <b>excitement<\/b> that is better than sex.<\/p>\n<p>However, it is brutal in the days when you are losing. You will lose money, friends, hair, you will be unsatisfied, angry, depressed and distracted.\u00a0\u00a0Remember, you play against the maniac and sadistic &#8220;mind&#8221; of the market, and against yourself. Your system of belief, emotion, and mental power works against you. Markets and people are not rational. First of all, we all have partial information like in the fog, because the information isn&#8217;t near evenly distributed. We all have different degrees of ability to process this information, which means that we are all at some point stupid. We all own distorted mental heuristics and a stupid system of belief.<\/p>\n<blockquote><p><strong>Being &#8220;right&#8221; when you are actually wrong is a great way to lose your money.<\/strong><\/p><\/blockquote>\n<h4><span class=\"ez-toc-section\" id=\"The_reasons_why_new_traders_are_losing_are\"><\/span><b>The reasons why new traders are losing are:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><i><span style=\"font-weight: 400;\">a) They trade without edge, in other words &#8211; they are gambling<\/span><\/i><br \/>\n<i><span style=\"font-weight: 400;\">b) Also, they are trading on a lot<\/span><\/i><br \/>\n<i><span style=\"font-weight: 400;\">c) And they&#8217;re trading low-value things<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">Trading with crypto is like juggling with a cobra! So if you&#8217;re not a professional trader, do not do these things. Crypto markets are moving at the speed of video games and you can easily lose money.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Does this mean you should not trade cryptos? It&#8217;s not about it. We enjoy trading!<\/span><\/p>\n<p><strong>You should too!<\/strong><\/p>\n<p><a href=\"http:\/\/traders-paradise.com\/magazine\/2018\/07\/your-money-is-at-risk-when-trading\"><strong>Risk Disclosure (read carefully!)<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Start with a small amount if you do not have a lot of money. Stop on what you consider to be the last stop. 2 min read These are the best trading tips you&#8217;ll ever get. Remember this: * When the market is sinking rapidly &#8211; buy. * But when it rises, place a stop [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":10931,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1016,1012],"tags":[89,106,107,108,104],"class_list":["post-1098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to-master-in-trading-advanced","category-traders-secrets","tag-crypto-trading","tag-make-money","tag-money","tag-trader","tag-trading"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The best trading tips you&#039;ll ever get. 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