You can just minimize your losses but at one point, the trader will lose some and win some.
True, the most important thing is to have more victories than defeats, in this case more hits than mistakes
Topic: How do I not lose money in trading cryptocurrency? - page 11. (Read 3022 times)
how fantastic it would be if people entered this market, traded and didn't lose money. but reality shows us something completely different. no matter how much the person knows a lot, in practice the person loses money that's why many trades keep selling courses and create channels on youtube to make money because they can't make money trading. the sad reality.
True, the most important thing is to have more victories than defeats, in this case more hits than mistakes
True, the most important thing is to have more victories than defeats, in this case more hits than mistakes
To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
Losing is part of your trading journey, its impossible to always win in trading without any lose since we all make mistakes and we can’t control the market. If you do your best to analyze, do the proper trading plan and focus on that, this can give you a huge probability to make profit in trading. Most of the time it takes time before our trade to make money, you also have to be more patience especially if you are not a day trader.You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
You can just minimize your losses but at one point, the trader will lose some and win some. And it is not always roses here. But with learnings as you go along your trading journey, it will help you acquire better approach with your trading strategies. Also, when you are starting, better learn the basics rather than go to using trading bots. Learning those tips will give you lifelong strategies that can be used while you are in trading. No one can rob it from you.
good experience, i hope i can do that well too. Trading does require careful thought to determine when to sell or buy the coins we want. it is true that the important thing in trading is that we must be able to understand the crypto market by analyzing it so that we are not affected by the crypto market and are more mature in trading. so from now on we really have to learn to understand and analyze the market well to do the best going forward.
To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
Losing is part of your trading journey, its impossible to always win in trading without any lose since we all make mistakes and we can’t control the market. If you do your best to analyze, do the proper trading plan and focus on that, this can give you a huge probability to make profit in trading. Most of the time it takes time before our trade to make money, you also have to be more patience especially if you are not a day trader. You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
No one can be 100% sure about cryptocurrency movement, which project will give you better profit and which one will not? However, there are some projects that have the ability to live and have the power to survive.
When you are choosing right assets then you can be sure about the direction of market. Still it will be working perfect only for long term and if you are targeting not losing even for day-trading then I am afraid that no one could help you. Losing some part of your capital and then recovering it is a most common routine for all traders because market volatility will not let you to keep on protecting your capital all the times; you will definitely slip down at some unexpected time but you need to be capable of recovering that very soon.Technical analysis will work only up to some level and the rest are depending on how effectively you are managing risks against your capital. So, not losing cannot be a concern for a trader; losing will happen but you need to cope up with that.
Many people have benefited by trading and many have lost so I want to tell you one thing. Understand trading and consider which token market value will increase in the future and which will decrease. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo.
You can make a lot of profit by trading. I have got good benefits from this, so you also understand it well and learn it well from your elder brothers or someone you know. I hope you can make a lot of profit. Trade thing is a very good initiative.
Trading is only good if you are constantly making profits from it, but if you are often committing losses, then i would say learn more in trading so you can start minimizing your losses. Honestly, not all trading are good and profitable. There will be these days that you are bound to lose while others are making profits. And its a very normal scenario in trading because even skilled traders do lose in trading too. I would rather advice OP to stay focus on the coins that have high potentials and prioritize bitcoin because there is more secured profits on it. And in times that you face losses, just be patient and still make consistent learning because that will be the best way to combat losses and attract more profits the next time you trade. You can make a lot of profit by trading. I have got good benefits from this, so you also understand it well and learn it well from your elder brothers or someone you know. I hope you can make a lot of profit. Trade thing is a very good initiative.
To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
Why is your topic not aligning with your write-up? You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
How do I not lose money in trading cryptocurrency? If this is a question then you will mate. You don't need to lose immediately because losing deal with time and the kind of market you are trading. If you are trading the future market, then prepare. The future market is just about predicting future price of a particular pairs.
Many people have benefited by trading and many have lost so I want to tell you one thing. Understand trading and consider which token market value will increase in the future and which will decrease. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo.
You can make a lot of profit by trading. I have got good benefits from this, so you also understand it well and learn it well from your elder brothers or someone you know. I hope you can make a lot of profit. Trade thing is a very good initiative.
You can make a lot of profit by trading. I have got good benefits from this, so you also understand it well and learn it well from your elder brothers or someone you know. I hope you can make a lot of profit. Trade thing is a very good initiative.
We hope so but have to accept the reality that we can't avoid this thing. It can really be frustrating to see and have losses despite of being careful but I don't deem to make this thing become a reason to give up, instead, we make this thing a reason to improve our knowledge and enhance our skills.
Those traders that will be able to understand this situation will find a way to stay and never complain. The more we feel frustration, disappointment, the more we become down. I think we should have to work on controlling our emotions before they become worse.
Indeed. We can't avoid to lose money in trading. We will lose money in trading if we don't have the right plan on how we will do it. We can't avoid it but we need to have a plan and our own strategies to minimize it. All we just need to do is to be careful and always understand the market flows. We must be always updated to the market. We might be possibly loss money in trading but through this it will improve our knowledge and do better things next time when you trade. Those traders that will be able to understand this situation will find a way to stay and never complain. The more we feel frustration, disappointment, the more we become down. I think we should have to work on controlling our emotions before they become worse.
To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
I think there's an obvious conflict of interest in your content, making the title look like a call for direction. Well, to be honest with you there's no way someone will become a professional trader without an experience not loss. That's not possible. Otherwise, what could be happening would be a stroke of luck. Truth remains that traders learn from their past mistakes. So, OP I will encourage you to look past the notion of not losing but concentrate on your trading plan. That way, you will be able to easily identify any pitfalls you may have. You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
We hope so but have to accept the reality that we can't avoid this thing. It can really be frustrating to see and have losses despite of being careful but I don't deem to make this thing become a reason to give up, instead, we make this thing a reason to improve our knowledge and enhance our skills.
Those traders that will be able to understand this situation will find a way to stay and never complain. The more we feel frustration, disappointment, the more we become down. I think we should have to work on controlling our emotions before they become worse.
Those traders that will be able to understand this situation will find a way to stay and never complain. The more we feel frustration, disappointment, the more we become down. I think we should have to work on controlling our emotions before they become worse.
To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
practice your skills very often, because its not what you think that after gaining knowledge you can easily trade and avoid losses.. Nope change your mind set.. Invest more time to practice your skills and to obtain more information such how you can minimize losses or how you can prevent it while trading.. Using stop loss is useful as well by the way so maybe you don't have it in your list so better to learn how you can execute it.. You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.
My advice to the OP is to simply choose a stablecoin cryptocurrency, USDT, USDT, or BUSD, DAI, and everything stablecoin included. The reason was simple because he didn't want to lose. Then it is clear that there is no need to trade high volatility cryptocurrencies. The higher the volatility of the trade, the higher the profit, also the greater the risk of losing if the OP is impatient to become a Holder. Then if the stablecoin traded by OP, the more stable the finances. So there's nothing for the OP to worry about losing in bulk. Unless inflation in the country of residence is increasing.
Yes, no pain no gain. You cant earn profit without taking risk. If you want profit without any risk then better go and invest in government schemes that gives you fix profit (proportional to inflation rate). You can not eliminate the risk in crypto trading but you can minimize it by moving step by step. IMO, first and foremost thing is identifying the right coin, at right time with right capital.
And also remember only invest money you know you can make back even if you lose the money.
Wait, I don't agree with all the suggestions given. Sorry to contradict, the OP doesn't want to lose his money trading cryptocurrencies, right?
My advice to the OP is to simply choose a stablecoin cryptocurrency, USDT, USDT, or BUSD, DAI, and everything stablecoin included. The reason was simple because he didn't want to lose. Then it is clear that there is no need to trade high volatility cryptocurrencies. The higher the volatility of the trade, the higher the profit, also the greater the risk of losing if the OP is impatient to become a Holder. Then if the stablecoin traded by OP, the more stable the finances. So there's nothing for the OP to worry about losing in bulk. Unless inflation in the country of residence is increasing.
We have to have skills in trading if we don't want to experience big losses and I think it is common among traders about the problem of loss that even a pro will experience it, so we must be able to apply this in our trading however crypto prices are very fluctuating so we must have more skill and I believe this can anticipate your losses in crypto trading.
Some are important in trading, proper money management, a little patience to hold, never be greedy if you have enough targets then we just take profit and some other techniques.
That's all that needs to be applied in my opinion so that our trades remain regular.
Some are important in trading, proper money management, a little patience to hold, never be greedy if you have enough targets then we just take profit and some other techniques.
That's all that needs to be applied in my opinion so that our trades remain regular.
Trading is not just for everyone but for the one who strive to learn from their mistakes and focus to make their selves better will be rewarded for their hard work. Trading is not all about gaining profit but it's also about losing but not giving up for just one or two losses. It's the winning and profits matter than the losses you have made. Losing is a part of the process to become better of what you are doing and not a hindrance to stop trading.
If you trade then you have to face losses at some point. Because experienced traders also make losses but they can reduce the losses by following proper money management. So even if you have enough trading knowledge, if you can't follow your money management properly, then that trading knowledge will not help you in any way. One way you can prevent losses is by holding coins. If you invest in Bitcoin and hold it for a long time, you will not incur any bitcoin loss due to holding.
Whenever you begin trading in cryptocurrencies you must have a thorough understanding of the project. If you do not realize that what is trading and how to get benefit from it and have no familiarity with it then it is not a smart idea to start until you get an idea and knowledge about trading. So just learn about trading then you will be easily achieve your goals and will never lose money in trading.
It's really not possible to become a trader who never loss their money in trading, everyone will lose their money because the volatility of the market is high and its never been unpredictable. You will get more experience when you trade more so that you understand how the market is going to react approximately so that you can have your own strategy and make trades based on it.
For me, trading is difficult but it can be learned and my principle is that we must do the best that we can when doing anything, including trading. trading is not a place to play around or experiment. Making a profit is the goal in trading and the right thing to do is to understand this up and down market. learn to analyze the crypto market well so that we can determine the right time to sell or buy coins.
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