You do not loose by HODLING. That is, you do not loose your money trading by not f*king trading. Think about it, what good is it to trade an asset that would have anyway multiplied you initial investment by millions just by doing absolutely nothing, or even better, simply forgetting that you even had it until a few years later.
Timing the market in a commodity - thinking of bitcoin as such - is nearly impossible even for professionals. You know that Nike says "Just do it", well, trading bitcoin is an exception.
Topic: How do I not lose money in trading cryptocurrency? - page 14. (Read 3022 times)
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 inevitable and you should bare that in mind because theres no such thing about being a perfect trader which means losing is something that cant be avoided.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 matter how good you are and due to unpredictability of the market then you would definitely lose up but what matter most on here is that on how you do sustain
because this is something you should really needed to do so.
Dealing with this market isnt really something simple that you can bare with without proper preparation and knowledge and skills of course.
Truth is in reality no matter how you try to play it safe always, you cannot completely ensure and eliminate loss from your trading experience, it is a part of it. What you can do however is to strive an ensure you are properly grounded in trading and in your strategy so that you can reduce losses to the bearest minimum, that is you loose less frequently and little amounts from your portfolio is what is lost the few times you loose.
This thread should be in the section https://bitcointalk.org/index.php?board=8.0
In fact, you have already answered the question. That is learning all the concepts of trading as best you can, mastering what you really can fully master in trading. Therefore, it makes you have your own guide in every action to take advantage. However, all traders must experience situations that are not always profitable, sometimes what we have predicted according to our knowledge deviates. It is natural and definitely unavoidable.
The more you know, the more you will continue to feel lacking in learning to trade, so you will continue to look for all these weaknesses from time to time. Trust me you will understand this situation. It only takes patience, perseverance and discipline to continue to be consistent in improving finances.
In fact, you have already answered the question. That is learning all the concepts of trading as best you can, mastering what you really can fully master in trading. Therefore, it makes you have your own guide in every action to take advantage. However, all traders must experience situations that are not always profitable, sometimes what we have predicted according to our knowledge deviates. It is natural and definitely unavoidable.
The more you know, the more you will continue to feel lacking in learning to trade, so you will continue to look for all these weaknesses from time to time. Trust me you will understand this situation. It only takes patience, perseverance and discipline to continue to be consistent in improving finances.
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.
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.
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