How do I not lose money in trading cryptocurrency? - page 2.

Fatunad

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Quote from: jossiel on August 25, 2022, 03:25:49 PM

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Quote from: jossiel on August 24, 2022, 05:53:16 PM

Yes.

No one can skip that.

Even you're the best trader, you'll still go through with losses. So, if the experts and best are still able to experience some losses then there's no way a newbie and an average trader can skip that as well.

The market is very volatile.

A trader or an investor, we'll all experience that and that's how we make a strategy on how to recover when loss comes to us.

In some cases it is said that if you can't lose in cryptocurrency then you can't make profit. It is true. Many of us may not know the history of people who have benefited from crypto today. Even the word of loss intentionally no one wants to share. When an investor is making losses, he is correcting his mistakes. I think a trader can never succeed in trading business if he doesn't make mistakes or losses.

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 make
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.

Stable090

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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.

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Quote from: ?? on ??

Quote from: jossiel on August 24, 2022, 05:53:16 PM

Yes.

No one can skip that.

Even you're the best trader, you'll still go through with losses. So, if the experts and best are still able to experience some losses then there's no way a newbie and an average trader can skip that as well.

The market is very volatile.

A trader or an investor, we'll all experience that and that's how we make a strategy on how to recover when loss comes to us.

In some cases it is said that if you can't lose in cryptocurrency then you can't make profit. It is true. Many of us may not know the history of people who have benefited from crypto today. Even the word of loss intentionally no one wants to share. When an investor is making losses, he is correcting his mistakes. I think a trader can never succeed in trading business if he doesn't make mistakes or losses.

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.

sumant

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This is not easy to go through losses in trading but don't lose money this is not going to happen because as a human being we will definitely going to do any mistakes at a time but apart from that we can follow some formula to don't go in huge loss like stop loss, purchasing at very low price. These are some fundamentals to buy these COin.

lienfaye

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Quote from: ?? on ??

When an investor is making losses, he is correcting his mistakes. I think a trader can never succeed in trading business if he doesn't make mistakes or losses.

Indeed. Having losses are part of trading and inevitable. You cant expect to gain always because there are bad days too. But that experience of having losses can make us realize what we did wrong and what to do next time. As they said its the best teacher. Thus dont be afraid to experience losing your money in trading, what important is you learned from it, you know what you're lacking and willing to improve yourself as a trader.

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Quote from: virasisog on August 23, 2022, 01:28:51 PM

Quote from: jossiel on August 23, 2022, 03:42:40 AM

Quote from: Subbir on August 17, 2022, 10:54:16 PM

Before trading in crypto you must gain knowledge from crypto trading platform the rules of each trading should be known well. It is also a matter of looking at how many cryptocurrencies are supported on the platform where you want to trade almost all platforms support more or less cryptocurrency coins. Invest in cryptocurrency or money and keep an eye on the liquidity or transparency of the platform.

And even if you know, there's no skipping in losses.

All traders are going to lose no matter how good all of us are. We're going to that certain point of our lives that we're going to deal with losses and it's an experience that everyone will have.

Sometimes you have to lose and that's where the part of learning starts. Because whether you like it or not to lose, you will lose because the market is hard to predict.

Even professional traders still experience losses since cryptocurrency is volatile. Sometimes, losses also teach us to do better the next time we trade. Experience will teach us how to handle our funds right despite the volatility of crypto and to deal with every market situation. Lossing is already part of our trading journey but we can control it by being wise and knowledgeable about blockchain technology.

From my experience trading crypto for several years, it seems impossible for us to trade without losing money. If we decide to trade crypto
we must be prepared to lose money, because the crypto market is very volatile and difficult to predict. Even what you say is true that even
professional traders will suffer losses. When trading loses, it's a common thing to happen, so if we don't want to lose money from the start,
we shouldn't try trading. Although experiencing losses are unavoidable when trading, but with the right strategy we can minimize the losses
we experience. So our task is how the amount of profit that we generate must be greater than the losses that we experience. So don't be afraid
to lose when trading, we can learn from every loss we experience and fix it so that our mistakes don't happen again. So losing money in trading is
indeed a learning cost and a process that we must go through to become a successful trader.

Peanutswar

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Quote from: NicNacCoin on August 23, 2022, 01:34:57 PM

If you are into cryptocurrency trading If done wisely you can get good from cryptocurrency trading platform.Always take the market with you. However, all aspects must be considered when trading,And especially those coins that are world class and popular will trade only on the trading platform.But one must choose a good coin for trading and that coin I support.And you have to choose a good platform. After all, if you do this kind of work, you will not lose from anywhere else.

No matter what safe thing make by the user if the market crash unexpectedly there's a chance they lose up money and yeah it is a crypto world we are riding with the market volatility to earn profit so it is ideal to make a knowledge investment so you can now watch where to buy and sell your holding And what are the time frame you only trade.

stomachgrowls

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Quote from: jossiel on August 24, 2022, 05:53:16 PM

Quote from: virasisog on August 23, 2022, 01:28:51 PM

Quote from: jossiel on August 23, 2022, 03:42:40 AM

And even if you know, there's no skipping in losses.

All traders are going to lose no matter how good all of us are. We're going to that certain point of our lives that we're going to deal with losses and it's an experience that everyone will have.

Sometimes you have to lose and that's where the part of learning starts. Because whether you like it or not to lose, you will lose because the market is hard to predict.

Even professional traders still experience losses since cryptocurrency is volatile. Sometimes, losses also teach us to do better the next time we trade. Experience will teach us how to handle our funds right despite the volatility of crypto and to deal with every market situation. Lossing is already part of our trading journey but we can control it by being wise and knowledgeable about blockchain technology.

Yes.

No one can skip that.

Even you're the best trader, you'll still go through with losses. So, if the experts and best are still able to experience some losses then there's no way a newbie and an average trader can skip that as well.

The market is very volatile.

A trader or an investor, we'll all experience that and that's how we make a strategy on how to recover when loss comes to us.

Its inevitable and its true that no matter how professional or veteran you are on this market, you would eventually able to experience losses and just like what been said that despite of the losses you do

still end up on making profits in the end of the day which do matter the most or the most important thing on trading.Make yourself sustainable and able to survive this unpredictable market.

This is the main challenge or toughest one that should really able to attain but of course this doesnt really talk about short time practice and experience towards the market.
It does really require very long patience and determination on learning everything or something that you do get along the way.

sayaya17

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Quote from: jossiel on August 24, 2022, 05:53:16 PM

Quote from: virasisog on August 23, 2022, 01:28:51 PM

Quote from: jossiel on August 23, 2022, 03:42:40 AM

And even if you know, there's no skipping in losses.

All traders are going to lose no matter how good all of us are. We're going to that certain point of our lives that we're going to deal with losses and it's an experience that everyone will have.

Sometimes you have to lose and that's where the part of learning starts. Because whether you like it or not to lose, you will lose because the market is hard to predict.

Even professional traders still experience losses since cryptocurrency is volatile. Sometimes, losses also teach us to do better the next time we trade. Experience will teach us how to handle our funds right despite the volatility of crypto and to deal with every market situation. Lossing is already part of our trading journey but we can control it by being wise and knowledgeable about blockchain technology.

Yes.

No one can skip that.

Even you're the best trader, you'll still go through with losses. So, if the experts and best are still able to experience some losses then there's no way a newbie and an average trader can skip that as well.

The market is very volatile.

A trader or an investor, we'll all experience that and that's how we make a strategy on how to recover when loss comes to us.

If we don't want to lose money when trading crypto this is not possible. Because as you said even the best and professional traders will
definitely experience losses and lose money when trading crypto. The most important thing in trading crypto is to minimize losses, meaning that
as long as the profit we make is greater than the loss we experience, that we are considered to be a successful trader. Moreover, the crypto
market is very volatile, making our predictions often inaccurate, so it's only natural to experience losses when trading crypto. But what we have
to do is learn from every loss we experience, so that we don't repeat the same mistakes. That's why being a successful trader is not easy and
takes a long time. That's because we have to learn from many losses first, in order to make us find effective strategies and enable us to achieve
profits that are far greater than the losses we experience. Everyone can become a successful trader, the most important thing is that the person is
not lazy to learn and never gives up when he fails.

jossiel

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Quote from: virasisog on August 23, 2022, 01:28:51 PM

Quote from: jossiel on August 23, 2022, 03:42:40 AM

And even if you know, there's no skipping in losses.

All traders are going to lose no matter how good all of us are. We're going to that certain point of our lives that we're going to deal with losses and it's an experience that everyone will have.

Sometimes you have to lose and that's where the part of learning starts. Because whether you like it or not to lose, you will lose because the market is hard to predict.

Even professional traders still experience losses since cryptocurrency is volatile. Sometimes, losses also teach us to do better the next time we trade. Experience will teach us how to handle our funds right despite the volatility of crypto and to deal with every market situation. Lossing is already part of our trading journey but we can control it by being wise and knowledgeable about blockchain technology.

Yes.

No one can skip that.

Even you're the best trader, you'll still go through with losses. So, if the experts and best are still able to experience some losses then there's no way a newbie and an average trader can skip that as well.

The market is very volatile.

A trader or an investor, we'll all experience that and that's how we make a strategy on how to recover when loss comes to us.

NicNacCoin

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If you are into cryptocurrency trading If done wisely you can get good from cryptocurrency trading platform.Always take the market with you. However, all aspects must be considered when trading,And especially those coins that are world class and popular will trade only on the trading platform.But one must choose a good coin for trading and that coin I support.And you have to choose a good platform. After all, if you do this kind of work, you will not lose from anywhere else.

virasisog

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Quote from: jossiel on August 23, 2022, 03:42:40 AM

Quote from: Subbir on August 17, 2022, 10:54:16 PM

Before trading in crypto you must gain knowledge from crypto trading platform the rules of each trading should be known well. It is also a matter of looking at how many cryptocurrencies are supported on the platform where you want to trade almost all platforms support more or less cryptocurrency coins. Invest in cryptocurrency or money and keep an eye on the liquidity or transparency of the platform.

And even if you know, there's no skipping in losses.

All traders are going to lose no matter how good all of us are. We're going to that certain point of our lives that we're going to deal with losses and it's an experience that everyone will have.

Sometimes you have to lose and that's where the part of learning starts. Because whether you like it or not to lose, you will lose because the market is hard to predict.

Even professional traders still experience losses since cryptocurrency is volatile. Sometimes, losses also teach us to do better the next time we trade. Experience will teach us how to handle our funds right despite the volatility of crypto and to deal with every market situation. Lossing is already part of our trading journey but we can control it by being wise and knowledgeable about blockchain technology.

jossiel

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Quote from: Subbir on August 17, 2022, 10:54:16 PM

Before trading in crypto you must gain knowledge from crypto trading platform the rules of each trading should be known well. It is also a matter of looking at how many cryptocurrencies are supported on the platform where you want to trade almost all platforms support more or less cryptocurrency coins. Invest in cryptocurrency or money keep an eye on the liquidity or transparency of the platform.

And even if you have the knowledge, there's no skipping in losses.

All traders are going to lose no matter how good all of us are. We're going to that certain point of our lives that we're going to deal with losses and it's an experience that everyone will have.

Sometimes you have to lose and that's where the part of learning starts. Because whether you like it or not to lose, you will lose because the market is hard to predict.

Subbir

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Before trading in crypto you must gain knowledge from crypto trading platform the rules of each trading should be known well. It is also a matter of looking at how many cryptocurrencies are supported on the platform where you want to trade almost all platforms support more or less cryptocurrency coins. Invest in cryptocurrency or money keep an eye on the liquidity or transparency of the platform.

gunhell16

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Quote from: Seaking009 on November 10, 2021, 01:37:03 PM

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 will know the real and correct answer to your question through the experience you will face here in the world of cryptocurrency dude. Then you are also right in saying that we should study this first, and you should also know that it is not possible that we can only get money from crypto trading because if that is all it is, it is not called trading. Remember, there are only two things that are important and this is "BUY@SELL" whichever of these two you do, you can make money there and you can also lose your assets, if the timing of your buying and selling is wrong, but if you do it right you will surely reap a good result in the end. Good day Wink

Rigon

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If you are trading on a trading platform, you must always train from active on the trading platform.Again if you are doing futures trading on futures trading platform then you need to have more assets there and use stop loss there.But if you don't use a stop loss system, you'll never even know you're losing money.But always active and judiciously trading with full knowledge of good experience you will never lose money from trading.

GatotKaca

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Quote from: bitzizzix on August 15, 2022, 11:36:02 PM

Predictions are not always correct because in my opinion bitcoin is difficult to predict because up and down movements occur due to several factors that make our predictions not always correct, being a trader is not easy and really requires enough experience to learn and remember so as not to make the same mistakes. And it also takes full time to do it and for me being a trader must really do it like a job or a routine activity for good results.
Then prepare mentally, are you ready to accept losses?
what you think about is not just profit, after seeing other people who have made big profits. But the risks must be watched out for, and those with big profits must have tasted the bitterness of being a trader, it takes a strong mentality and patience when losses come.
so the mentality in trading is needed and also not easy to give up, most traders easily give up when their mentality is tested.

the only way not to lose our money in trading is to become a pro trader. this may be difficult because indeed the risk of losing money in crypto trading is very large. but with us being a pro traders then we can minimize that risk.

and the concern of course how to become a pro trader. if we don't try of course we won't get any experience in trading. it will be difficult to develop our skills in trading.
everything is done slowly, and losses will surely be experienced by every trader.

Markinzo

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Quote from: Seaking009 on November 10, 2021, 01:37:03 PM

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.

Ironically you have just given the antidote to your own ailment and I don't think there's much to say as the basics to starting crypto trade you OP have already outlined in your thread.

That been said, keep greed out of your trading, for it had made many traders loss a fortune within a very short period

ChiNgadOr

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Quote from: taufik123 on August 15, 2022, 10:59:02 PM

By making price predictions from time to time, it will certainly help make predictions more visible and where the market will go.

This is a better to learn how the market works also. It will build your confidence on how the market works and with time if it is done consistently, it can make you understand a bit about the zig zag price movement. Continuous learn and reading of books about market trend will contribute to comprehensive market movement.

Quote

Every trader has their own way of reading where the market is going so for those who claim that some ways will work, it's not necessarily and it's uncertain.

Since there are different tools that can be used to analyze the market then different strategies can be put together to get things workout for market predictions. To analyze the market there is need to use both the price action and normal indicators out together forming a unique strategy.

Quote

Mistakes will provide experience to be corrected in the future, as a trader must be able to adapt in every condition.

We all tend to make mistakes and all we could do is to try out best to speculate the market price movement and if it falls to our direction, that's fine and if not we keep going.

bitzizzix

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Quote from: taufik123 on August 15, 2022, 10:59:02 PM

Quote from: Mahanton on August 15, 2022, 04:59:21 PM

-snip-
price predictions from time to time.This is why if someone do make out claims about that manner then its better not to believe because it cant just be possible.
Losing is part and its also one of the reasons on why someone do eventually learn because we do learn from errors and mistakes.

By making price predictions from time to time, it will certainly help make predictions more visible and where the market will go. because in just a few minutes when the market trend suddenly changes all the predictions made will change too. predictions will not be 100% accurate, there will definitely be errors.

Every trader has their own way of reading where the market is going so for those who claim that some ways will work, it's not necessarily and it's uncertain.
Mistakes will provide experience to be corrected in the future, as a trader must be able to adapt in every condition.

Predictions are not always correct because in my opinion bitcoin is difficult to predict because up and down movements occur due to several factors that make our predictions not always correct, being a trader is not easy and really requires enough experience to learn and remember so as not to make the same mistakes. And it also takes full time to do it and for me being a trader must really do it like a job or a routine activity for good results.
Then prepare mentally, are you ready to accept losses?
what you think about is not just profit, after seeing other people who have made big profits. But the risks must be watched out for, and those with big profits must have tasted the bitterness of being a trader, it takes a strong mentality and patience when losses come.
so the mentality in trading is needed and also not easy to give up, most traders easily give up when their mentality is tested.

Topic: How do I not lose money in trading cryptocurrency? - page 2. (Read 3022 times)