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Topic: failure to gain profit - page 10. (Read 18995 times)

jr. member
Activity: 308
Merit: 8
January 21, 2019, 11:37:35 AM
The best way to invest in any crypto trading is using fund that you can afford to lose. You will lose when you sell off below your purchasing price. Patient is part  of the trading. Wait till you make some profit before you sell.
member
Activity: 490
Merit: 10
January 21, 2019, 09:42:42 AM
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 ...?
Investing in your own voice is very dangerous. Because we need real knowledge to be able to get an accurate voice from ourselves.
You feel insecure when the market goes down because you don't have much knowledge about the investment field. My sincere advice is to take a course for investors. You will learn more about investment as well as risk management.
sr. member
Activity: 1428
Merit: 358
January 21, 2019, 09:20:11 AM
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 ...?
Losses are inevitable but there are ways for you to lessen your losses. I keep researching on different strategies that I can use in order for me to earn profit in trading. I am aware that my knowledge is still not enough and it is the reason why I keep researching and studying. I want to increase the information that I know for me to have way to lessen my losses and earn big amount of profit.
full member
Activity: 392
Merit: 103
www.daxico.com
January 21, 2019, 06:58:59 AM
#99
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 ...?
I have also the same experience with you and i'm also relying on news and other people views though i have a little knowledge in technical analysis i still end up losing specially now in this year long bearish market. So know i just keep holding my coin even it register big losses i onow it can recover soon i need to be patience to earn profit thats the best thing to right now i think.
member
Activity: 805
Merit: 26
January 20, 2019, 07:55:07 PM
#98
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 ...?
You are not the only one who have lose in this bear market, remember that. You should be positive always on your trade because if you lose hope, I guarantee that you won't succeed at all. I am also a loser in trading. In fact, I lose much because of my greediness and panic selling mentality. I've done a lot but I know it os not enough. So until now, I have tried my best to make profits in cryptocurrency.
full member
Activity: 1316
Merit: 126
January 20, 2019, 07:48:46 PM
#97
This is crypto, my friend , where the value always move unexpectedly.
My friendly suggestion is HOLD for longer term is better than short term trading because me and my friend already experience it over 2 years  !
I feel not good for long term trading unless we are in the top 10 coins cause in most cases prices were merely changes all the time. May those coins that have a great value today will become under valued in the market few months from now and so for 2 years( don't really know). It is better to have a small gains everyday rather than to have nothing and we wasted a lot of days without profits.
hero member
Activity: 2912
Merit: 642
January 20, 2019, 06:40:23 PM
#96
Why aim for a heavy profit?
You are not gambling. You are trading. If you can have that little amount of profit then you are doing good. You just need to keep up to that pace and maybe you can earn more even with just a little amount every hour or every day.

If I were you I will stay with that kind of thinking until maybe you can have large amount of tokens then trade it with large profits.
full member
Activity: 518
Merit: 100
January 20, 2019, 11:38:35 AM
#95
yes, a lot of people are wrong to predict crypto prices, many traders and investors are expecting prices to rise at the end of December 2018, but the decline has occurred, so many people think that they will be able to get a big profit with what they invest, it fails to get what they want, because prices have not yet moved to grow higher, patience is indeed to minimize or to avoid defeat.
legendary
Activity: 1596
Merit: 1011
January 20, 2019, 11:00:16 AM
#94
So, you stated that you get the news from "social media" and the "forum". High chances are that you are reading the "wrong" news. You probably are reading the post given by users you are trying to spread FUDs and you fall for it. Thus you end up selling everything in panic. Don't just follow the news blindly. Analyze it and follow your own intuition when taking those decisions.

information circulating at this time is not certain the truth. there is a lot of false news and the purpose of the fabricator is to get a profit. they take advantage of such a chaotic situation. so it would be nice that we always analyze when reading the news, by doing analysis we can avoid the bad situation. at least that we will get a lot of references and the data will be very useful for understanding ourselves in making decisions.
hero member
Activity: 2072
Merit: 503
January 20, 2019, 10:53:19 AM
#93
a few months ago, I thought that holding back in the long run would really have a good effect right now. but, we know that at the moment it has not had a big effect, and some people fail to increase profits. well, but maybe more patiently, I think it can be minimized.
sr. member
Activity: 1596
Merit: 264
January 20, 2019, 09:28:31 AM
#92
This is crypto, my friend , where the value always move unexpectedly.
My friendly suggestion is HOLD for longer term is better than short term trading because me and my friend already experience it over 2 years  !
You must have a strong position each time you place your entry, make sure that you are willing to take the risk if you feel to short the market or if you are aiming for long term holds, knowing your capabilities anticipating the trend will give you some breathing inside the market, don't always follow the news as most of the time it won't favor you since there's a lots of people already read and knew about it.

Even if you have the will to take risk, it is still a roll of the dice whether you gain profit or not. It's not being pessimistic or optimistic that would lead to your profit, it is being optimistic or pessimistic when you gain losses. Expect the worst, but don't dwell into that kind of though and I am pretty sure you might be surprised by the small bits of gains you will slowly gain.
News? I never let the news even get into my mind when I trade. I guess I still have a youth-like mind.  Cheesy Not that I am really old though.
hero member
Activity: 1092
Merit: 500
January 20, 2019, 09:57:49 AM
#92
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 ...?

We can't do really nothing about the situation now in the market, and I suggest you that never allow your emotion controls you mate. Because if you will allow it, that could be the result which is a fatal loss. Since the market was unstable, better to hold if your not sure about doing trade in the platform.
full member
Activity: 651
Merit: 103
January 20, 2019, 09:13:59 AM
#91
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 ...?
Researching is the best way for you to avoid loss and earn high profit in trading. Failing is normal, not all of time we can earn money in trading. There is a reason why you lose in trading, maybe you have lack of information or experiences that leads you to fail. That's why you should improve it for you to win in trading and avoid losses.
legendary
Activity: 3094
Merit: 1127
January 20, 2019, 08:06:44 AM
#90
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 ...?
You arent the only one who do experience such loss but most investors are really on the brink of negative as of this moment if we do try to look
on the current market condition.I wont say that you are wrong on relying into news but let yourself be aware that not all fundamentals would really be
precise nor the price predictor on where would prices would possibly go.The way on making big profits is always been a question for us investors here on crypto.
sr. member
Activity: 1680
Merit: 259
January 20, 2019, 07:52:24 AM
#89
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 ...?

You should stop your trading and start to learn from beginning, panic sell is bad for you. Learn about basic knowledge ( money management, mindset, method ), practice with demo account and enter the real market with real money. The solutions from panic is follow your rules and that's it, trust me.
full member
Activity: 658
Merit: 103
January 20, 2019, 07:18:01 AM
#88
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 ...?
There are many effective ways for you to avoid losses. Your focus should be improving your strategies and enhance trading skills. This forum will help you to learn many effective strategies and techniques to avoid losses. You can win in trading if you have good trading skills so you should enhance it.
full member
Activity: 1008
Merit: 101
January 20, 2019, 06:53:29 AM
#87
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 ...?

To be able to effectively avoid losses you should have strong faith in your investment. Selling at a price lower than the purchased price is a bad idea and is not inline with a healthy business management.
It’s basic logic to invest that investor must but at low price and sell high as all the time selling at lower than we buy is almost full of lose. If a person once failed to gain profit the benefit he will get is experience and this way he will learn new ways to over come that fear and get better profit in short term so just hold at red and buy if you have money.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
January 19, 2019, 02:00:07 PM
#86
So, you stated that you get the news from "social media" and the "forum". High chances are that you are reading the "wrong" news. You probably are reading the post given by users you are trying to spread FUDs and you fall for it. Thus you end up selling everything in panic. Don't just follow the news blindly. Analyze it and follow your own intuition when taking those decisions.
sr. member
Activity: 2506
Merit: 368
January 19, 2019, 01:50:09 PM
#85
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 ...?

To be able to effectively avoid losses you should have strong faith in your investment. Selling at a price lower than the purchased price is a bad idea and is not inline with a healthy business management.

He is wrong in the beginning of his thread, crypto market isn`t currently unstable, it`s unstable from beginning. Since ever we have fluctuating price, with big rises and drops, whats happened in 2017 we witnesses the highest rise ever, and after that biggest drop ever, until now remember that. In percents its similar like years before, but with bigger numbers 60% from 200 dollars is not same like 60% from 19000 dollars. You can`t buy high and sell low and expect profit, when you sell you lose, with waiting price always grow. Ask people who bought back in 2013 at 1200 dollars, they waited for years to make profit.

This should be a lesson to OP and to all other traders out there that we don't have to let emotion get in our way if we are trading. The market is fluctuating too much and sometimes tend to drop more since the bear market is not done yet. If you guys are trading you should know the basics of it like buying at low then sell it at high and not the other way around. It could give you a catastrophic result.
hero member
Activity: 1302
Merit: 540
January 19, 2019, 01:04:43 PM
#84
This is crypto, my friend , where the value always move unexpectedly.
My friendly suggestion is HOLD for longer term is better than short term trading because me and my friend already experience it over 2 years  !
You must have a strong position each time you place your entry, make sure that you are willing to take the risk if you feel to short the market or if you are aiming for long term holds, knowing your capabilities anticipating the trend will give you some breathing inside the market, don't always follow the news as most of the time it won't favor you since there's a lots of people already read and knew about it.
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