Avoid trading unless you are sure of what you do - page 10.

shoreno

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Quote from: Finestream on January 20, 2019, 10:54:14 AM

Quote from: Johnzky on January 20, 2019, 10:29:22 AM

Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Never forget guys that Crypto Trading is not for all cryptonians,because this risky area of profiteering is only for those who has an idea and knowledgeable about the market circulation and price movements.meaning this field only for those who are willing to learn for longer time and not just for thoese who wanna earn overnight

So if you think you are not having his kind of behavior and attitude then better forget about it and just HODL

Yes.Trading needs a continuous learning.You will keep on learning new ideas and strategies in everytime you trade.So the more trading experiences,the more chances of developing your own strategies and skills.Trading is also a risky thing so i suggest do not trade unless you are not ready to take the risks.Traders who successfully gained huge profits in the end are most likely those traders who are never afraid of taking risks.

what about luck ? you cant just forget luck because this is the only key recipe in order for your trades to become succesful . they say trading is like gambling where it needs luck and i agree on them because no matter of skillful and well experienced i am , i cant still predict the total outcome of the price of the coins that i will trade . begginers can also trade , thats why i disagree about the title of this thread . all pro traders starts as a noob and they persist to continue even if they are lacking of knowledge because that is the only way a person can learn .

ipanks

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Activity: 1610

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Usually, if the market is in the downtrend, I will watch closely to find which coins that can increase in the next days and sometimes, I can get a clue by watching the chart, the order history and the position of buying and selling. But in the other time, I was only watching without making any buy order because I need to be sure if I want to buy the coin. So I need more time to analyze the coin to decide.

Agapelove

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Activity: 425

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Trading cryptocurrencies is not as easy as other cryptoenthusiasts are saying. One factor that makes trading a bit harder is the volatility of the market. Also, the unpredictability of the market show a huge rise and then followed by a much more decline. That's why trading is for wise and strong people. People that are not afraid to lose.

Finestream

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Activity: 3052

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Quote from: Johnzky on January 20, 2019, 10:29:22 AM

Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Never forget guys that Crypto Trading is not for all cryptonians,because this risky area of profiteering is only for those who has an idea and knowledgeable about the market circulation and price movements.meaning this field only for those who are willing to learn for longer time and not just for thoese who wanna earn overnight

So if you think you are not having his kind of behavior and attitude then better forget about it and just HODL

Yes.Trading needs a continuous learning.You will keep on learning new ideas and strategies in everytime you trade.So the more trading experiences,the more chances of developing your own strategies and skills.Trading is also a risky thing so i suggest do not trade unless you are not ready to take the risks.Traders who successfully gained huge profits in the end are most likely those traders who are never afraid of taking risks.

Johnzky

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Activity: 616

Merit: 30

Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Never forget guys that Crypto Trading is not for all cryptonians,because this risky area of profiteering is only for those who has an idea and knowledgeable about the market circulation and price movements.meaning this field only for those who are willing to learn for longer time and not just for thoese who wanna earn overnight

So if you think you are not having his kind of behavior and attitude then better forget about it and just HODL

Fredomago

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: kakonhat on January 20, 2019, 06:32:24 AM

If you are not good at trading you must stop trading to avoid losing. That's not bad if you hold even I think it's safe than trading and good for your investment.

It can be learned so before start to deal with trading a proper guide and risk management should be study carefully, if you a good analysis and you are willing to move forward tools are all over the place, practice well and avoid making any decisions without understanding the risk and willingness to adopt any changes that might happen while you are inside the market.

GrayFullbuster

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Just a friendly reminder. "trading is not for everyone". The person who wants to enter to the trading world should have enough knowledge and he/she should be well prepared. There are many unexpected situations that are happening in the trading of cryptocurrencies so we should always be prepared to what will happen for us to not lose our money.

Sum24

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Activity: 448

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Quote from: Aivaryamal on January 18, 2019, 09:36:31 PM

Yes, trading is addictive and really something similar with sports betting and therefore requires cold and deliberate decisions

Trading needs bold mind which do not suffers with miner things because there will be rise and fall but only your good thinking wise planning can help you get out of all this other wise you will be sad. So keep on learning and before trading try to know either you are fully acknowledged about market and about trading skills.

Rebisco

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There are now many investors who regretted to enter in cryptocurrency trading because they lose most of their investments. Not all of investors are suitable to enter the trading market. The volatility of the cryptocurrencies are the main risks that all of the investors are facing.

kakonhat

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Crypto in my Blood

If you are not good at trading you must stop trading to avoid losing. That's not bad if you hold even I think it's safe than trading and good for your investment.

DevilSlayer

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Activity: 1428

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

You should use the bad experience that you always remember for you to improve your trading skills. You experienced loss because it seems that you have lack of something. Always remember that trading is for only people who love to take risks because they can easily manage their emotions.

heninur

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Activity: 490

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

right, if you feel you don't have the ability to trade, then avoid it. because even though we still force it to trade, only the losses we will get.
almost everyone has experienced a bad experience of trading, including I have also lost money because of trade, and until now I have never traded again.

Seeker#9

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Activity: 658

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Learning to control your emotions is one of the best antidote for getting addict in trading. Although it is hard to do, it is still possible if you have the determination to become expert trader someday. Many traders lost some significant amount of money because they can't able to get rid of their emotion when trading. Try to exercise extreme discipline and strictly focus on your trading strategyinstead of using it like a gambling..

paxaway21

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Activity: 364

Merit: 10

Trading is very addictive same as gambling you can't stop when you are earning lot of money so it's good to know that many of traders don't stop holding coins that have a future someday.

Eth-Jackcoin

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Activity: 350

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https://assetsplit.org/

Going all out to tell someone who is already trading to stop trading might be a little bit out of bounds. Yes, trading can be addictive especially when one tends to be very obsessed with making a lot of money from it. It’s almost like all this bet platforms. One wants to make a lot money with less.
The advice is to play or trade with the amount that one can lose. This is because the market is volatile.

Genemind

sr. member

Activity: 1596

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It is really important that we'll know what we are doing. We should gain enough knowledge first before entering it to get rid of uncertain losses. We should do series of research so that we'll have enough understanding to perform it better. Doing it without enough knowledge might just result to uncertain losses which we might regret in the future.

jems

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I think that is just an expression of your despair who lost the trade. Maybe what you say is true, but I think trading is more than that because trade requires proper analysis.

nebiki

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Quote from: Aivaryamal on January 18, 2019, 09:36:31 PM

Yes, trading is addictive and really something similar with sports betting and therefore requires cold and deliberate decisions

especially now, avoid trading because it will make you get a loss if you don't want to be patient, because now the market is still difficult to experience changes to increase the price of coins in it

goaldigger

sr. member

Activity: 2422

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Its like going to a war without proper training and weapons. Trading is the most risky of all the types of investing in crypto. If you are not familiar enough, you can ask your higher ranks or have some menthor that can lead you to the proper knowledge you want to achieve. Its not easy to earn money and dont waste it on experimental trading.

izanagi narukami

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Trading is risky activity so when you see some news or people's experience about trading and they made massive profit , they need to know that they are require some effort to do it.
Let say technical analysis is require to analyze next pattern but in crypto , it's more difficult especially when the value moving unexpectedly !

Topic: Avoid trading unless you are sure of what you do - page 10. (Read 23276 times)