Topic: How do I not lose money in trading cryptocurrency? (Read 3022 times)
In any case, there is no guarantee that a transaction will go perfectly; thus, I recommend having experience behind you, trading with funds you are prepared to lose, and trading the top 10 coins, which will almost always return after a significant correction.You won't lose your money if you're willing to wait a very long period. The cryptocurrencies you invest in need to have potential and not turn out to be a fraud.
all you mentioned are good tips that can prevent traders from losing or losing their money. But what really matters is how each trader regulates themselves or their emotions. if all the tips have been done correctly but the final result will be influenced by psychology or emotions when trading. psychology is not good and unstable will be very detrimental. any trader can lose money even if he is a professional. Self-control is very important to implement all the useful strategies and tips from you.
Emotional control and trading psychology are very useful especially when the market is not going as expected. Many new traders lose money selling at a loss due to a price correction, but it can also happen to experienced traders where a large price drop will put a lot of stress on their mental state. Not losing money trading fluctuating assets is difficult, but they should at least know how to minimize it.on someone who doesnt really have much experience or something like this.Losing money is just that a normal day since there's no such thing about being a perfect trader but rather on thinking
up on being that perfectionist its better to make yourself to be versatile at least on different market conditions which is likely to happen.Despite of losses then you should do your very
best to sustain yourself because this is they key that you would able to handle yourself on this market.
no one will ever be a perfectionist trader, that's just an expression. in practice, in fact it is very difficult and will not be in accordance with the strategy made. when the loss cannot be repaired, then improve the way we trade. Actually, when we still haven't sold the assets that we hold we will not lose, it's just that the value has decreased. go with the flow of the market and don't fight it.
it is absolutely impossible and even professional traders make mistakes,
after all it is a risk of being a trader and it should be understood in advance
way that you could really make out perfect trades which you should anticipate that there would be losses on every trade you do make and just like been said by others that instead of minding
about having perfect trade then it would be better to make yourself prepared on back up plans whenever your trading analysis fails on which you could really make out immediate
action which it would lessen up the losses further which is all we do need.
all you mentioned are good tips that can prevent traders from losing or losing their money. But what really matters is how each trader regulates themselves or their emotions. if all the tips have been done correctly but the final result will be influenced by psychology or emotions when trading. psychology is not good and unstable will be very detrimental. any trader can lose money even if he is a professional. Self-control is very important to implement all the useful strategies and tips from you.
Emotional control and trading psychology are very useful especially when the market is not going as expected. Many new traders lose money selling at a loss due to a price correction, but it can also happen to experienced traders where a large price drop will put a lot of stress on their mental state. Not losing money trading fluctuating assets is difficult, but they should at least know how to minimize it.on someone who doesnt really have much experience or something like this.Losing money is just that a normal day since there's no such thing about being a perfect trader but rather on thinking
up on being that perfectionist its better to make yourself to be versatile at least on different market conditions which is likely to happen.Despite of losses then you should do your very
best to sustain yourself because this is they key that you would able to handle yourself on this market.
no one will ever be a perfectionist trader, that's just an expression. in practice, in fact it is very difficult and will not be in accordance with the strategy made. when the loss cannot be repaired, then improve the way we trade. Actually, when we still haven't sold the assets that we hold we will not lose, it's just that the value has decreased. go with the flow of the market and don't fight it.
it is absolutely impossible and even professional traders make mistakes,
after all it is a risk of being a trader and it should be understood in advance
The easiest way to not lose money in trading is to never sell your positions. If you keep your red positions and hold out until they recover you never realise a loss. This is of course not practical or a smart way to trade crypto currencies. The main problem is that maybe a coin is a bad investment and will never recover for you to make a profit. In that case it makes sense to take the hit and reinvest into a much more promising project. In my opinion it shouldn't be your goal to avoid losses in trading, because in many cases it can't be prevented. Look at the bear market we have this year, all coins fell in value. You would have lost money with any investment. Even switching out of cryptos and into stocks wouldn't have helped to avoid a loss. The only alternative was selling everything and stay in cash, but that is a bad idea because of the high inflation. Taking a loss from time to time is okay and doesn't even has to hurt us if we get a tax credit for it.
With the little experience I've had so far, I don't think you can escape loosing money if you trade cryptocurrency. I think the best thing to do is try as much as possible to gain some knowledge before venturing into crypto trading. This way, you will be able to analyze a project to know when to invest and when not to. This will depend reduce your risk of loosing your money.
Note: invest what you can afford to loose is the motto
Note: invest what you can afford to loose is the motto
all you mentioned are good tips that can prevent traders from losing or losing their money. But what really matters is how each trader regulates themselves or their emotions. if all the tips have been done correctly but the final result will be influenced by psychology or emotions when trading. psychology is not good and unstable will be very detrimental. any trader can lose money even if he is a professional. Self-control is very important to implement all the useful strategies and tips from you.
Emotional control and trading psychology are very useful especially when the market is not going as expected. Many new traders lose money selling at a loss due to a price correction, but it can also happen to experienced traders where a large price drop will put a lot of stress on their mental state. Not losing money trading fluctuating assets is difficult, but they should at least know how to minimize it.on someone who doesnt really have much experience or something like this.Losing money is just that a normal day since there's no such thing about being a perfect trader but rather on thinking
up on being that perfectionist its better to make yourself to be versatile at least on different market conditions which is likely to happen.Despite of losses then you should do your very
best to sustain yourself because this is they key that you would able to handle yourself on this market.
no one will ever be a perfectionist trader, that's just an expression. in practice, in fact it is very difficult and will not be in accordance with the strategy made. when the loss cannot be repaired, then improve the way we trade. Actually, when we still haven't sold the assets that we hold we will not lose, it's just that the value has decreased. go with the flow of the market and don't fight it.
it is absolutely impossible and even professional traders make mistakes,
after all it is a risk of being a trader and it should be understood in advance
While in crypto, there are many things in the market that you can reduce your loss and earn more.But they are not used by many people as the latest technology is coming in the market now.Just like using a bot, with this method i can not loss my money .i can also reduce my loss by using stop loss And using limit , By using limit i can also make a great earning and i can not loss my money .The most difficult task in the crypto market is to buy a coin, that which coin you have to enter at the right time.i Never invest all my capital in one coin at one time. I will not lose with this method either.
Stop limit is a great thing that has saved me more than once, but it will only work in combination if you follow the trend and buy coins not when you listened to your inner voice, or because you just want, but when the trend changes, then your chances on a positive outcome of the transaction will increase significantly. Even if the stop is hit once or twice, there will still be more successful trades.
While in crypto, there are many things in the market that you can reduce your loss and earn more.But they are not used by many people as the latest technology is coming in the market now.Just like using a bot, with this method i can not loss my money .i can also reduce my loss by using stop loss And using limit , By using limit i can also make a great earning and i can not loss my money .The most difficult task in the crypto market is to buy a coin, that which coin you have to enter at the right time.i Never invest all my capital in one coin at one time. I will not lose with this method either.
all you mentioned are good tips that can prevent traders from losing or losing their money. But what really matters is how each trader regulates themselves or their emotions. if all the tips have been done correctly but the final result will be influenced by psychology or emotions when trading. psychology is not good and unstable will be very detrimental. any trader can lose money even if he is a professional. Self-control is very important to implement all the useful strategies and tips from you.
Emotional control and trading psychology are very useful especially when the market is not going as expected. Many new traders lose money selling at a loss due to a price correction, but it can also happen to experienced traders where a large price drop will put a lot of stress on their mental state. Not losing money trading fluctuating assets is difficult, but they should at least know how to minimize it.on someone who doesnt really have much experience or something like this.Losing money is just that a normal day since there's no such thing about being a perfect trader but rather on thinking
up on being that perfectionist its better to make yourself to be versatile at least on different market conditions which is likely to happen.Despite of losses then you should do your very
best to sustain yourself because this is they key that you would able to handle yourself on this market.
no one will ever be a perfectionist trader, that's just an expression. in practice, in fact it is very difficult and will not be in accordance with the strategy made. when the loss cannot be repaired, then improve the way we trade. Actually, when we still haven't sold the assets that we hold we will not lose, it's just that the value has decreased. go with the flow of the market and don't fight it.
all you mentioned are good tips that can prevent traders from losing or losing their money. But what really matters is how each trader regulates themselves or their emotions. if all the tips have been done correctly but the final result will be influenced by psychology or emotions when trading. psychology is not good and unstable will be very detrimental. any trader can lose money even if he is a professional. Self-control is very important to implement all the useful strategies and tips from you.
Emotional control and trading psychology are very useful especially when the market is not going as expected. Many new traders lose money selling at a loss due to a price correction, but it can also happen to experienced traders where a large price drop will put a lot of stress on their mental state. Not losing money trading fluctuating assets is difficult, but they should at least know how to minimize it.on someone who doesnt really have much experience or something like this.Losing money is just that a normal day since there's no such thing about being a perfect trader but rather on thinking
up on being that perfectionist its better to make yourself to be versatile at least on different market conditions which is likely to happen.Despite of losses then you should do your very
best to sustain yourself because this is they key that you would able to handle yourself on this market.
all you mentioned are good tips that can prevent traders from losing or losing their money. But what really matters is how each trader regulates themselves or their emotions. if all the tips have been done correctly but the final result will be influenced by psychology or emotions when trading. psychology is not good and unstable will be very detrimental. any trader can lose money even if he is a professional. Self-control is very important to implement all the useful strategies and tips from you.
Emotional control and trading psychology are very useful especially when the market is not going as expected. Many new traders lose money selling at a loss due to a price correction, but it can also happen to experienced traders where a large price drop will put a lot of stress on their mental state. Not losing money trading fluctuating assets is difficult, but they should at least know how to minimize it. If you follow certain rules on cryptocurrency trading platforms, your chances of losing money will be very low.All of which you must have good market analysis skills. Must be constantly active with the market.No bad tokens can be traded. Trading should be done by buying coins that are always popular and have enough volume in market cap.Thus if you can trade by following various precautions then the chances of losing money from your trading platform will be very less.
all you mentioned are good tips that can prevent traders from losing or losing their money. But what really matters is how each trader regulates themselves or their emotions. if all the tips have been done correctly but the final result will be influenced by psychology or emotions when trading. psychology is not good and unstable will be very detrimental. any trader can lose money even if he is a professional. Self-control is very important to implement all the useful strategies and tips from you.
If you follow certain rules on cryptocurrency trading platforms, your chances of losing money will be very low.All of which you must have good market analysis skills. Must be constantly active with the market.No bad tokens can be traded. Trading should be done by buying coins that are always popular and have enough volume in market cap.Thus if you can trade by following various precautions then the chances of losing money from your trading platform will be very less.
If it is possible to possibly to trade without losing money, everybody in crypto space will be very rich by now, but trading is not like that, if you are a trader, you will lose money that’s why they always say always invest what you can afford to lose, do not invest all your life saving or do not take a long because you want to trade, always make sure any money you are trading with is your money and not all the money you are having. If you are crypto trader you just have to lose money, but we should learn how to minimize our lost and make sure our profit is higher than our lose that’s why most exchange are having stop lose you can use that to reduce your lost in a trade if your trade is going side way and maybe you are not online at the moment.
Their are two things that are involved in trading , either lose or gain. Things need to be done so that the amount of lose won't be more than gain. To avoid more lose in trading one needs to learn trading to get the proper knowledge in trading, knowledge helps to minimise the lose in trading . One can also have all the knowledge in trading but when greed is involved to make plenty of profit it can turn to be lose in trading. 
I think you should always be careful to trade and have a good knowledge about it and if you don't have the knowledge then there is no need to test for chatting you should always be aware and know which coin is worth it later on. must buy
Of course, if we invest, we must choose the best coins in crypto, on the other hand, the market entry position also determines to get a faster and bigger profit. as an illustration we are buying bitcoin at this time, where prices tend to be low, so it can be used as an opportunity. if we do not want to lose our money then holding it will be the main choice until our profit target is achieved. but the risk is that we might hold it for a longer time, therefore we should pay attention to the security of the wallet we use, so as not to experience a disaster later
Loosing money is part of cryptocurrency business and Business in real life involves (profit and lose) therefore same thing is applicable here, If you don't want to loose money in crypto you better don't involve yourself in Bitcoin and Cryptocurrency at all because it a volatile market and no one can really predict market, so I think the right question you should ask is how you would minimize loses?, And below are list of action to take in order to protect yourself from loosing tons of money in this industry.
1.Do your own research (Dyor) before investing in any project.
2.I would say avoid Shitcoins totally in my own opinion, though it can make you money but can rake you totally,so consider that while investing.
3.Avoid investing more than you can afford to loose.
4. Run away from high leverage trading, HODL Bitcoin for at least 4 years and get the best rewards.
1.Do your own research (Dyor) before investing in any project.
2.I would say avoid Shitcoins totally in my own opinion, though it can make you money but can rake you totally,so consider that while investing.
3.Avoid investing more than you can afford to loose.
4. Run away from high leverage trading, HODL Bitcoin for at least 4 years and get the best rewards.
If it is possible to possibly to trade without losing money, everybody in crypto space will be very rich by now, but trading is not like that, if you are a trader, you will lose money that’s why they always say always invest what you can afford to lose, do not invest all your life saving or do not take a long because you want to trade, always make sure any money you are trading with is your money and not all the money you are having. If you are crypto trader you just have to lose money, but we should learn how to minimize our lost and make sure our profit is higher than our lose that’s why most exchange are having stop lose you can use that to reduce your lost in a trade if your trade is going side way and maybe you are not online at the moment.
Their are two things that are involved in trading , either lose or gain. Things need to be done so that the amount of lose won't be more than gain. To avoid more lose in trading one needs to learn trading to get the proper knowledge in trading, knowledge helps to minimise the lose in trading . One can also have all the knowledge in trading but when greed is involved to make plenty of profit it can turn to be lose in trading. 
if you trade on the spot market I don't think you will lose 100% of your money,
but of course you also have to choose the right coin, for example Ethereum, Binance or XRP,
but if you are determined to trade futures then be prepared you will lose all your capital
but of course you also have to choose the right coin, for example Ethereum, Binance or XRP,
but if you are determined to trade futures then be prepared you will lose all your capital
It's like part of being a trader.
Losing comes with a lesson and traders who have been dealing with it has to learn for every single loss they made. Because if not, that will be a long process for them until they think about it.
And the most successful ones, they have the best stories on how they've made it and how many losses they've come up with before hitting all of those good trades.
A lesson which you do need to realize because every mistakes or errors does correspond some learning and thats what you should really need to look upon so that you would really makeLosing comes with a lesson and traders who have been dealing with it has to learn for every single loss they made. Because if not, that will be a long process for them until they think about it.
And the most successful ones, they have the best stories on how they've made it and how many losses they've come up with before hitting all of those good trades.
yourself a better trader later on whenever you do gain experience and learning from those mistakes then which would really be helpful on sustaining yourself into this very unpredictable market.
Losing is part but the most important thing is that you do earn or gain profits in the end of the trade you are making.Doesnt matter on how many losses you would really be experiencing
which the important one is on making a green which would result into positive. Minimize errors as much as you could and this should be your main goal.
And it's on you on how you're going to look at it. If you think that there's just a few lessons on it, still take it and then learn from it. These losses have to be learned and extracted positively.
Because if you don't, you'll never learn from it.
Take note that the ones that are doing well now, learned from their mistakes and losses.
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