failure to gain profit - page 9. | Bitcointalksearch.org

emberbekas

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Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 ...?

Patience is the key. When we face a downward trend most of us will panic and tend to make rage decisions that can give bad results. Stay calm and wait for the best time to sell our coins. With patience at least we can make decisions that are reasonable and not based on emotion alone.

Savemore

sr. member

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Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 remember that making money in trading is not easy task. You lose because you are not prepared to the unexpected situation that you faced. You can avoid more losses if you will improve the things that should be develop like your skills and your information.

GreatOrchid

legendary

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You entire trade the wrong way if you are involved in panic selling. I don't understand why you peoples sell your coins at lower than the purchased price. You should always HODL your coin in even the bear markets and try to support the coin you are HODLING. Selling at a lower price than purchased will only give you loss but holding that coin will atleast give you the stability and a feeling to have profits ahead. If you really want to have any profits in trading than you should leave away your greed and also have to gain a lot of patience before you get into it.

BeGoods

legendary

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Quote from: Jhonyguy on January 26, 2019, 06:06:08 PM

losses will teach us valuable lesson we should try to learn from them ,every person who started trading will come across losses we do open many trades and not all will be profitable because no1 can predict movements exactly , loss and profits are parts of trading without 1 other will not exists

Thats right, because that's where your experience will grow. defeat is not the end dude. all traders experience it. but only good traders are those who can learn from their mistakes. there is always a reason why you lose. learn that and do introspection

Jhonyguy

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losses will teach us valuable lesson we should try to learn from them ,every person who started trading will come across losses we do open many trades and not all will be profitable because no1 can predict movements exactly , loss and profits are parts of trading without 1 other will not exists

jrrsparkles

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Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 ...?

Even don't trust all the information you gathered from online sources there are many fudsters here to manipulate the prices as well by trapping the newbies so better to analyse the price chart and decide by yourself which maybe right or wrong just trust your instinct.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: yanto@1977 on January 22, 2019, 07:38:02 AM

You only need to fix your strategy and never repeat the same mistakes, about panic/ sad/ angry that's natural. Many people lost their faith and change their rules because red market but that's not good step.

Most people dont do so. Its mainly the newbies who have just entered in crypto having heard of it from someone close and wanted to try their hands at it. They buy some tonnes of shitcoins and then start whining away when it does not reach 100x Not a problem for a experienced trader to fall for such a deal. But these wannabe people get burnt.

Quote

Just follow your setting indicator and cut loss when reach stop loss/ take profit point. Faith about our skill and strategy is really important, just finish one strategy and never change it before end.

I think changing strategies based on market trends is also important. Also using at least 5 indicators is very normal while trading.

gabmen

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Quote from: yanto@1977 on January 22, 2019, 07:38:02 AM

Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 only need to fix your strategy and never repeat the same mistakes, about panic/ sad/ angry that's natural. Many people lost their faith and change their rules because red market but that's not good step. Just follow your setting indicator and cut loss when reach stop loss/ take profit point. Faith about our skill and strategy is really important, just finish one strategy and never change it before end.

Yeah most exchanges have features that can help you minimize major losses like stop loss. It's always better to be aware of how to use them. And don't be afraid to lose. It's natural and you'll learn a lot more from the money that got burned. In the long run all things that you've experienced would add up to make you a better trader.

yanto@1977

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Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 only need to fix your strategy and never repeat the same mistakes, about panic/ sad/ angry that's natural. Many people lost their faith and change their rules because red market but that's not good step. Just follow your setting indicator and cut loss when reach stop loss/ take profit point. Faith about our skill and strategy is really important, just finish one strategy and never change it before end.

Yatsan

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Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 ...?

First thing first, the market is really unstable and so engaging with this industry will not give you an assurance to gain profit. Sorry for your losses but if you want to cut your loss then do it since its your decision, keep in mind that the volatility of the market can bring you down or up depends on how you move your assets. If you want big profit then stay on several coins in the market don't spread your money on different alternatives.

Siren

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Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 ...?

Lol do you really believe that someone can tell you how to profit bigger?specially in this kind of market?you must be kidding man,you must be contented in just a small profit than losing.but for me if you want to avoid losses then stop trading for now and reserves your coins for holding until market find#its way to recovery

babarian

full member

Activity: 658

Merit: 100

in the current market situation many recommend to keep holding.
it will be very risky even you will fail to make a profit if you trade without careful calculation.

leavolnhals

full member

Activity: 770

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Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 ...?

In order to avoid large losses, you should use exchanges with stop-loss functions, such as Binance. It is a world-class trading platform and is very safe to deposit.
In order to make a lot of profits, I recommend investing in the new altcoins of the market. because it often tends to increase sharply at times when the value of altcoins goes down. such as DEX, Buggyra Coin, Factom ...etc

manggis97

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No body know before if now all crypto dumped hard, a lot of trader loss much money, but some of trader has been make good profit because they have risk management. They always use stop loss for each trade and if the price keep down they shorting the price in margin trading. Lesson learned, we have to use stop loss anytimes for all trade and when buy any crypto because all our analysis will be never 100% accurate.

TopT3ns

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Quote from: iMark on January 21, 2019, 09:11:58 PM

Quote from: keanne_isaac on January 21, 2019, 05:58:59 AM

Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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.

if you rely on news to make choices, the strategy must be like this, buy when good news starts to come, and sell when bad news arrives. but to do that, you have to monitor at all times to see and look for news, and that requires a lot of time allocation?

People in here called that buy in rumour, and sell in news. Maybe that is right, because when rumour come, people always prepared for that and start to buy coin that on news for example bitcoin. And then it is get pumped by everyone who buy it too. In that case, we must take chance to get profit from that pump period.

iMark

sr. member

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Quote from: keanne_isaac on January 21, 2019, 05:58:59 AM

Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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.

if you rely on news to make choices, the strategy must be like this, buy when good news starts to come, and sell when bad news arrives. but to do that, you have to monitor at all times to see and look for news, and that requires a lot of time allocation?

Bijikopi

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Quote from: arpon11 on January 12, 2019, 02:36:48 AM

Since you are honest with the level of knowledge you have about the market and make money from the market. Remember that investors have to learn how to invest by paying a price. You should endeavour to spend sometime research yourself and also be ready to spend time and money in learning more than investments. Majority of us thought that we can only makes money by putting money into the market as a traders bitcoin that is not truth but what is truth is your ability to learn and develop your skills and understanding on how the market work in other to develop your own strategies about the market.

if we want to get profit in crypto we have to go through several stages,
all of which cannot be fast we must know very well how bitcoin works and the potential for price increases, which happens if we have enough money directly into trade we can suffer losses, why we cannot predict prices,
so we should not go straight into trading if we don't understand correctly. do a number of trade simulations and we can make several observations regularly, this can make us able to predict prices,
and can avoid losses.

lienfaye

hero member

Activity: 3010

Merit: 629

We cant gain everytime in trading, losing is part of the process but you can do something to avoid or minimize your losses by learning and controlling yourself.

Dont panic sell because of the FUD or news that can affect the price of your coins. Have a concrete plan with your holdings and ignore the things that can break it especially if you know that your holdings has potential and might give you good profit once you hold on to them.

Stargazer

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This bear condition of the crypto market beyond of learning field! We took bear condition to learn how to trade but this is not the right time, this is not a normal bear market rather it is a very hard time for the every crypto supporters. So, I would suggest you stop trading now and keep learning. When the good times come, use your experience and what you learned before about trading.

hridoyb

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Quote from: akihikohideaki on January 11, 2019, 11:29:39 PM

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 ...?

Bitcoin and crypto market always violate their limit and people cannot think that whats happen next.Now the crypto situation is so bad and many people sell their bitcoin low price and get a huge loss but nothing to do because they need a money emergency.So i think always store some liquid money and its help to when the situation is negative but people can not do this.when bitcoin price up and up they hold than bitcoin down they try to sell.SO first control your mind than target your profit hope you will be the winner.

Topic: failure to gain profit - page 9. (Read 19018 times)