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Topic: failure to gain profit - page 11. (Read 18995 times)

full member
Activity: 484
Merit: 124
January 19, 2019, 01:00:39 PM
#83
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  !
legendary
Activity: 3248
Merit: 1179
January 19, 2019, 12:32:09 PM
#82
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.
full member
Activity: 952
Merit: 104
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January 19, 2019, 11:07:46 AM
#81
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.
full member
Activity: 481
Merit: 100
January 19, 2019, 10:01:15 AM
#80
I keep trading even I experiencing loss sometimes, I know that it is part of the way for me to become expert trader. There are people who saying that I should now stop trading but I do not mind them because I know that I will earn many opportunity by continuing trading. 
full member
Activity: 540
Merit: 100
January 19, 2019, 09:55:27 AM
#79
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 think if you really understand the information and the price chart or the market movement you can certainly reduce your losses, even you can make a profit. in my opinion there are some mistakes in your understanding, or maybe you are too hasty in making a decision, then take action when in a panic.
You will avoid losses if you can really understand the chart and the movement of the coin that you are currently trading. I studied technical analysis in a long time and I really have a good outcome when I studied technical analysis. I cannot fully predict what will happen to the price of the coin but I now know when is the right time to buy and to sell cryptocurrencies.
sr. member
Activity: 1918
Merit: 256
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January 19, 2019, 09:27:24 AM
#78
a trader should know that the market situation is changing at any time. and the price of bitcoin is a benchmark for altcoin trading. this is the basis for using the right market strategy.
sr. member
Activity: 924
Merit: 275
January 19, 2019, 07:13:44 AM
#77
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 ...?
All of trading are failing sometimes because losing in trading is inevitable due to the high risks. It is not bad to loss sometimes because there are many information thatbwe can get from our past losses.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 19, 2019, 04:59:12 AM
#76
Agreed on the point that if you do let yourself be part of the dip or shall we say you do sell and able to make some profits on such sell-off then this really removes anxiety.
Then you know that you took part and this raises your spirits and you feel good. You will be able project your future selling or buying points based on these as well. It important to refresh yourself at times because it will get boring at times.

Quote
The hardest part only on making such buyback or bagholding is that there is really a time where you doubt on such decisions and even you do believe on the project but with this bear market
Every investor has their doubts. If at anytime you feel that the asset is not going well you should sell off at the next pump, because holding on to it only leads to more anxiety and depression. But this does not go with everyone. Some people are able to hold their assets and go to sleep. Thats what people should try at least with bitcoin.
sr. member
Activity: 882
Merit: 269
January 15, 2019, 04:02:21 AM
#75
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 ...?
Many of us especially those that joint the trading during the advert of cryptocurrencies are very new to the market and because of that we should not think that we are going to make any significant profits from the market as those that really make money from the market are the professionals and skillful traders.  You are selling at the price lowered than your purchase because you did not have adequate knowledge on how the invest market work.
hero member
Activity: 2772
Merit: 645
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January 15, 2019, 02:38:32 AM
#74
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 expect that there are times that you will have a hard time to gain profit. Due to the unstable price, you should always monitor the price of the cryptocurrency that you are currently trading for you to know that is the suitable strategy that you can use.
It's all about market adoption and how as a trader adjust the way it prices change.  Market analysis is very important and not just do the usual traders did, strategies and good planning will help us to more profitable trader.
Cause without this things,  it surely you've only got nothing and even losing everything you invested.
full member
Activity: 528
Merit: 100
January 15, 2019, 01:26:31 AM
#73
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 expect that there are times that you will have a hard time to gain profit. Due to the unstable price, you should always monitor the price of the cryptocurrency that you are currently trading for you to know that is the suitable strategy that you can use.
hero member
Activity: 1666
Merit: 502
January 15, 2019, 01:14:05 AM
#72
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 think if you really understand the information and the price chart or the market movement you can certainly reduce your losses, even you can make a profit. in my opinion there are some mistakes in your understanding, or maybe you are too hasty in making a decision, then take action when in a panic.
full member
Activity: 476
Merit: 100
January 14, 2019, 11:35:01 PM
#71
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 ...?
Profiy is not only my goal, I keep trading because I want to learn more information about trading. Even I keep making mistakes, I still want to trade for me to improve my skills and knowledge. Losses are inevitable and that is the risk that we are all facing.
hero member
Activity: 2548
Merit: 572
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January 14, 2019, 11:00:36 PM
#70
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 ...?
Don't push yourself, especially if you got easily to get panic. Train out mental in trading activity need time, and if that is only what your problem, then keep trading even loss or profit, try to hold your coins longer when it get  down.
legendary
Activity: 1876
Merit: 1003
January 14, 2019, 07:04:43 PM
#69
There ar  different strategies in trading,and no exact one is sure of complete success,you have to put a whole lot of effort to day trade as you are want to do and probably you're not putting in enough effort and required experience.
It's best you try another form or trade,prbably hodling as it'll not require any necessary skill,but just basically storing coins up in your wallet for a long time,and note to invest with capital you can afford to lose as you can't win all the time
It's really hard to make good profits if you are trading in this bearish season.Even the legends here experience also that.Maybe you can stop trading at this moment while the market is very unstable and just make buy and hold strategy.Most of the people here are just buying affordable coins with great potentials because it will also give huge profits when the price market reaches its peak again.

Famous traders advice to buy when others are fearful and sell when other traders feel greedy. Bearish market conditions are temporary like other market cycles which repeats itself with in time. Huge profits are expected if traders can handle big risks. Unstable prices lead to chaos in financial markets and chaos strategies don't work in crypto market.
hero member
Activity: 3052
Merit: 606
January 14, 2019, 06:27:44 PM
#68
There ar  different strategies in trading,and no exact one is sure of complete success,you have to put a whole lot of effort to day trade as you are want to do and probably you're not putting in enough effort and required experience.
It's best you try another form or trade,prbably hodling as it'll not require any necessary skill,but just basically storing coins up in your wallet for a long time,and note to invest with capital you can afford to lose as you can't win all the time
It's really hard to make good profits if you are trading in this bearish season.Even the legends here experience also that.Maybe you can stop trading at this moment while the market is very unstable and just make buy and hold strategy.Most of the people here are just buying affordable coins with great potentials because it will also give huge profits when the price market reaches its peak again.
full member
Activity: 602
Merit: 111
January 14, 2019, 04:11:42 PM
#67
There ar  different strategies in trading,and no exact one is sure of complete success,you have to put a whole lot of effort to day trade as you are want to do and probably you're not putting in enough effort and required experience.
It's best you try another form or trade,prbably hodling as it'll not require any necessary skill,but just basically storing coins up in your wallet for a long time,and note to invest with capital you can afford to lose as you can't win all the time


In the starting stage all people have definitely failure in any time so we can definitely face the problem to come back because without failure the success will not came for us continents only the way to gain profit
legendary
Activity: 2058
Merit: 1270
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January 14, 2019, 02:58:50 PM
#66
There ar  different strategies in trading,and no exact one is sure of complete success,you have to put a whole lot of effort to day trade as you are want to do and probably you're not putting in enough effort and required experience.
It's best you try another form or trade,prbably hodling as it'll not require any necessary skill,but just basically storing coins up in your wallet for a long time,and note to invest with capital you can afford to lose as you can't win all the time
legendary
Activity: 3122
Merit: 1398
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January 14, 2019, 02:32:46 PM
#65
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.

Losses is part of the game. There is no guaranteed overnight profit in trading.

And since 2018 is being dominated by the bearish activity, it's really a headache to some traders to cope up with the situation especially those who do short term trades.

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.

Your set of references in making a future decision can't be considered as wrong or inappropriate. But what is your goal? To accumulate and hold or will ride the ups and downs of the price? If you goal is to just accumulate at any means then disregard any price events as what will you do is to just hold. If your reason on the other hand is to ride the ups and down, that will be a tough challenge since we all know that the current price movement is still not showing at least a steady stand on a certain level.

So what to do now? My suggestion is to just hold a bit and have some patience. We don't want to rush things here just to get a profit so carefully play with the scene. If you want to do short trades, patience is needed here too. When we say short trades, it doesn't mean you have to deal on buy and sell within just a few days or etc.

Just continue to do trades and build experience. That will be your foundation.
jr. member
Activity: 87
Merit: 7
January 14, 2019, 02:18:59 PM
#64
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 ...?

Patient. It takes time to make winning trades and it also takes time to accept losses. However, it seems that you are willing to learn. What many beginners doesn't understand is that a successful trader might have more losing trades than winning trades.

How is that possible you ask yourself?

Let's assume a winning trader makes 3 trades on 1 day. Each trade was worth $100. The trader took a loss at $98 and took a win at $105. The trader did lose 2 trades and won 1 trade and made 1% profit in one day.

Read more about crypto trading at www.cryptocointrade.com
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