First of all you should learn from your losses and never think of earning back that money asap! Otherwise you might end up losing all your money!
The problem is many people are seeing trading as an easy way to make big money and coming in trading with zero knowledge which is obviously mistake.
1. You must have a good understanding of the market if you wanna earn stably. Yes some can earn without any knowledge but it's just a luck and it can't happen always for sure!
2. Never rush to earn big money! Making decisions in rush usually leads to loses.
3. Always have money and risk managements! (Any professional would say the same)
4. have your strategy of trading rather than just relying on internet rumors.
So to sum up, it takes some time and patience to start earning stably and avoid unnecessary losses.
Topic: failure to gain profit (Read 19018 times)
The easy thing is to be patient and always check the market so that you have your own consideration of the right time to sell, because basically you do it consciously when you sell at a price lower than buying. So, if you can be patient and try to keep holding it in the best way, and with you checking prices all the time then you will control everything until you can sell at a higher price than buying.
Being patient is not enough sometimes, your body need to rest, you can't trade 24/7, well actually you can, if you have a death wish in your mind, what I mean by that is you can't monitor the market all of the time, a simple signal that beeps when you hit the certain amount you want to sell your coins can't wake you up in your sleep when you are dead tired because of trading all day.
Loss is inevitable in Trading, it is part of your everyday life in trading industry, without those few losses you have when you fell asleep or went to the bathroom to take a dump, you will not learn anything, and you will not gain not just profits but also lessons that will teach you on how to trade wisely.
The easy thing is to be patient and always check the market so that you have your own consideration of the right time to sell, because basically you do it consciously when you sell at a price lower than buying. So, if you can be patient and try to keep holding it in the best way, and with you checking prices all the time then you will control everything until you can sell at a higher price than buying.
It cannot be said that today trade is becoming very easy and profitable. For many traders, making money is getting harder and harder. It seems to me that the clear evidence of the bad situation on the cryptocurrency market is the fact that over the past 3 months, the capitalization of the cryptocurrency market has decreased by almost 41%. Nevertheless, the market is alive and will be able to increase its strength thanks to new and promising projects and thanks to the implementation of the ideas of the most popular cryptocurrencies. We all listen to authoritative opinion and in this situation I believe the words of Morgan Creek Capital Management CEO Mark Yusko, who expressed his vision of the further development of events. This person stated that the volatility of the cryptocurrency market has always been its main feature and the fact that prices have fallen today is not a reason to worry and sell the cryptocurrency.
~
So far, I have only relied on news information
actually you are on the right track.So far, I have only relied on news information
of course he will or we will always gonna apply it because it does not make sense at all to collect information and datas from several sources without having any purpose on why you are doing it . it was like wasting your time for nothing but who will gonna do that anyway ? if the people are not involved in crypto , he will not care from those news and other crypto related stuffs .
failure to gain profit on the other hand is not normal , if you are applying what we said earlier . there is something wrong with you if you still cant earn a profit . maybe your gathered infos are not legit .
~
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
actually you are on the right track. but you need to make sure the information you get. at this time so much information is circulating, but not all of that information is true and accurate. to make big profits, you also need to read and take advantage of the situation. like, when you have accurate information about the rising price of a coin, or the very good development of a project, chances are it will be very good for the future. utilizing information like that will make you profit.So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
Failure to gain profit is like a kind of "giving up words" we should not feel like that as its normal to make mistakes in trading but what's important is we learn from it so we will improve overtime.
~
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
actually you are on the right track. but you need to make sure the information you get. at this time so much information is circulating, but not all of that information is true and accurate. to make big profits, you also need to read and take advantage of the situation. like, when you have accurate information about the rising price of a coin, or the very good development of a project, chances are it will be very good for the future. utilizing information like that will make you profit. So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
For me this is not yet the good time from many of us to trade and to buy or sell, just because of the low price in the market. Coz many of us are already experience what have you experience before. The onething that we need to do is to wait and to have more patients.. Until the good price is back.
You could still make profits even though the price is not that good in the market, as long as they are fluctuating and I know they will always be, then profits are absolute. Do day trading and trade those coins which have the potential to give you profits in this kind of market. Analyzing the price charts sometimes is complicated, but as soon as you get used to it, you will start earning money like other traders.
You are right that this is not good time to sell your coin but it is perfect time to buy your coin. We should buy more if we have money as later on these coins will become more expensive. If price has been down so it’s also our success as we will have chance to buy coins at low price that we can sell later on double price. Every failures has hidden profit for investors.
The problem is that not all of us do have enough funds to go with the current in this bearish market, but if you do have, undoubtedly you could make profits in the long run by trading it or holding it. it doesn't matter if the market is bearish or bullish, as a matter of fact, if we are good enough, we could find ways to earn money on bad days especially.
The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
The market is in very bad shape today, so we must buy the coins we sell at the market exchange that he should be able to sell and also prevent the loss of less than the amount of investment we spend. So all we have to do is avoid anxiety when the market price is falling sharply, but be calm and calm even when the market situation is not doing well.
Being calm is difficult when you don't have the money to use for daily living and you're having a family to feed. If you buy other coins that has the potential to gain profit, maybe this the time to invest. While market is falling don't take it as a discouragement, rather have it as an inspiration to pursue your trading career.
Now it is impossible to make a profit in the current situation of the market because the market is kept decreasing and it is impossible to place buy orders. A very hard time for the trader which their predictions are not working accurately. Many people have strong faith in altcoin in the coming Quarter and we might see an upward trend in altcoins.
This is the market looks like when we do trading we get lose or earn profit. True the market keeps decreasing lately and we failed to gain profit. We have an other way by long term goal we can achieve to earn when price increases. Actually predictions not always working so we should not rely from it. With these current situation we need to be patient market will regain it’s good position in time. The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
Then what is the way so that I can make a big profit ...?
How to effectively avoid unnecessary losses ...?
The market is in very bad shape today, so we must buy the coins we sell at the market exchange that he should be able to sell and also prevent the loss of less than the amount of investment we spend. So all we have to do is avoid anxiety when the market price is falling sharply, but be calm and calm even when the market situation is not doing well.
Now it is impossible to make a profit in the current situation of the market because the market is kept decreasing and it is impossible to place buy orders. A very hard time for the trader which their predictions are not working accurately. Many people have strong faith in altcoin in the coming Quarter and we might see an upward trend in altcoins.
Well, in my assessment for what is happening now in crypto market, maybe for others it is sad because majority of of them
fell their price value in all exchange. And this was happened only after Bakkt launched I think. As you can see the price of Bitcoin now
its really got hurt for bitcoin holders I think. But good to all positive thinker that's why they buy a huge of bitcoin then hold for sure.
fell their price value in all exchange. And this was happened only after Bakkt launched I think. As you can see the price of Bitcoin now
its really got hurt for bitcoin holders I think. But good to all positive thinker that's why they buy a huge of bitcoin then hold for sure.
Why even risk a real deposit, with a lack of experience? After all, it is so obvious that the market is too unpredictable, because of this, you are unlikely to be able to foresee accurately the market movement all the time, which means you can’t avoid losses. To do this, there is a great feature of a demo account on many exchanges. You have neglected this in vain.
get a big profit that is by long-term investment, but if you still can not master the psychological, I think it will be difficult to achieve it. I guess you have to learn to control yourself first so that you don't easily panic, and make long-term investments, so that they are not affected by price fluctuations that make us lose concentration
That is okay and remember that everything won't be easy. The higher the reward or return then the harder it gets to achieve it except if it's a scam or hyip. Every traders have their highs and lows and most of the time is that most of our trades our losses. There will be some people who excel in this field that always keep the valuable lessons you learn whenever you are failing so that the next you have less mistakes, more success especially in trading.
For me this is not yet the good time from many of us to trade and to buy or sell, just because of the low price in the market. Coz many of us are already experience what have you experience before. The onething that we need to do is to wait and to have more patients.. Until the good price is back.
Just as you said the cryptocurrency market is currently unstable and yes, everyone in this market has experienced great losses even when you are an expert. In order to make a big profit, you must know how to control the risk because the higher the profit, the bigger the risk, you also need to control your emotions, stick to your plan. In addition, you should learn more about trading with resources such as books, internet, telegram forums or learn from an expert to gain more knowledge about market situation. Now be patient and keep your coins waiting for the market to trend up.
Loses are inevitable so it's natural that you ll face them.But you can minimize them. Don't panic sell and don't trade under emotions.and if you want to get a lot of profit, choose a good coin or token
The crypto market is always unstable, since the prices of cryptocurrencies are volatile. But you can deal with this volatility, if you have good knowledge about studying the markets and analyzing the charts, and how to choose the most promising coins to trade, and when buying or selling. This technics of trading will help you a lot to avoid losing in this field.
You're right.It's possible to make profit even if market goes down. By the way now we can observe start of bearish season.If you want to make a profit then sell at $10,450 ,stop-loss at $10,800
and Take-profit at $9,500.
Jump to: