How do I not lose money in trading cryptocurrency? - page 3.

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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.

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Quote from: uneng on August 15, 2022, 04:55:43 PM

Quote from: taufik123 on August 15, 2022, 12:21:15 PM

Quote from: YOSHIE on August 15, 2022, 11:56:47 AM

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

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.

_snip_
Basically people know investments where people want to buy and sell, as far as I know the crypto market is always viral when these two factors occur and the short and long term methods people also know about it, consider the type of digital currency the main thing.

Of course, Bitcoin is the main digital currency that must be chosen as the first investment. and for other investments ETH is recommended or some of the altcoins that are at the top of the list. The long-term method may be more helpful for those who don't want to look at the chart every day, but make sure it comes in at the right price. But for those who want to get quick profits short-term methods can be done, but the risk of loss will be higher due to faster fluctuations.

The last thing is, do research on every investment that will be made, without doing research you will not know what you are buying so you can make good management and strategies that will support the investment.

It's impossible to assure someone he isn't going to lose money in crypto trading, but it's indeed with bitcoin and ethereum that you can minimize the failure chances. A long term trader have very few chances of losing money when investing on those two cryptocurrencies, as history show us. One important argument to take notice that explains this point of view are the bitcoin halvings which have always been very positive not only for bitcoin, but for the crypto market as a whole. However, it doesn't happen overnight and someone willing to invest in crypto must be prepared to hold for long periods of time, if necessary.

There's no such thing about being zero-loss or perfect trader because not all the times you would really be making positive trades which means that you would really commit loss no matter what and to those someone who do make out claims on being having no loss is just a bullshit kind of claim or cant really be just possible.Losing trades is part because market is unpredictable and there's no way that you could really make precise
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.

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Quote from: taufik123 on August 15, 2022, 12:21:15 PM

Quote from: YOSHIE on August 15, 2022, 11:56:47 AM

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

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.

_snip_
Basically people know investments where people want to buy and sell, as far as I know the crypto market is always viral when these two factors occur and the short and long term methods people also know about it, consider the type of digital currency the main thing.

Of course, Bitcoin is the main digital currency that must be chosen as the first investment. and for other investments ETH is recommended or some of the altcoins that are at the top of the list. The long-term method may be more helpful for those who don't want to look at the chart every day, but make sure it comes in at the right price. But for those who want to get quick profits short-term methods can be done, but the risk of loss will be higher due to faster fluctuations.

The last thing is, do research on every investment that will be made, without doing research you will not know what you are buying so you can make good management and strategies that will support the investment.

It's impossible to assure someone he isn't going to lose money in crypto trading, but it's indeed with bitcoin and ethereum that you can minimize the failure chances. A long term trader have very few chances of losing money when investing on those two cryptocurrencies, as history show us. One important argument to take notice that explains this point of view are the bitcoin halvings which have always been very positive not only for bitcoin, but for the crypto market as a whole. However, it doesn't happen overnight and someone willing to invest in crypto must be prepared to hold for long periods of time, if necessary.

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Quote from: YOSHIE on August 15, 2022, 11:56:47 AM

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

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.

_snip_
Basically people know investments where people want to buy and sell, as far as I know the crypto market is always viral when these two factors occur and the short and long term methods people also know about it, consider the type of digital currency the main thing.

Of course, Bitcoin is the main digital currency that must be chosen as the first investment. and for other investments ETH is recommended or some of the altcoins that are at the top of the list. The long-term method may be more helpful for those who don't want to look at the chart every day, but make sure it comes in at the right price. But for those who want to get quick profits short-term methods can be done, but the risk of loss will be higher due to faster fluctuations.

The last thing is, do research on every investment that will be made, without doing research you will not know what you are buying so you can make good management and strategies that will support the investment.

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

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.

Investment is not only seen in terms of market movements, investment instruments are also needed to produce good value, In determining the choice of the type of crypto you want to invest in, the main factor you need to pay attention to, so you don't bury your money in dead crypto types.

Basically people know investments where people want to buy and sell, as far as I know the crypto market is always viral when these two factors occur and the short and long term methods people also know about it, consider the type of digital currency the main thing.

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Quote from: landheer on August 13, 2022, 11:28:09 PM

in investing, of course, most people must have experienced losses, and with these losses it became a valuable experience for us, for the future so that we do not repeat the same mistakes,

All investors won't be reaching success without having the experience of losing. And those that keep going, with their losses, it is where they're getting the lessons they are applying as they continue with their investments or trades.

Quote from: landheer on August 13, 2022, 11:28:09 PM

so in my opinion in investing in crypto, we must be positive in mind and must enjoy and don't forget also to continue to learn so that our knowledge is better.

Not only being positive in thoughts but also being knowledgeable on what you buy, what you hold and trade. It's important to DYOR for every investment that you do.

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Quote from: maybukaspa on August 09, 2022, 06:59:00 AM

Well to be honest there is no way you won't suffer any loss from crypto trading. Even the people who learn years about trading still face some losses. In fact no matter how play safe you do, you will still end up some loss. But being knowledgeable in trading is really good.

Also to be added, there are no tools existed nowadays that is so perfect that will give you everyday win. At the end of the day its either you win or you lose.

Any investment in trading business is risky. It is not possible to gain without risk. So before investing you must be careful. I normally consider loss is a part of my business. Another preceding condition of the trading business is the ability to carry the loss. There may be a loss, but some loss may be for one's own ignorance, and the risk is greatly reduced if it is known. Here ‍accquring knowledge is one another important part of reducing your loss.

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Quote from: smartaction on August 14, 2022, 12:15:52 AM

No one can guarantee you that you can only profit without losing by trading cryptocurrency. And no one can tell such a way where only profit can be made by crypto trading . But someone can give you some introduction on how to trade that will give you more chance of profit. it is only truth. To trade in cryptocurrency you must accept risk.

Yes you are right . A few month ago I saw a report where world top traders are gave their statement where most of them said that In the beginning they also made many mistakes and lost a lot of money. But they also said that each time they made a mistake, they learned something new, and that learning drove them forward. In all business there are both profit and loss so in this trading also there are both profit and loss so the main thing is that you have to learn something new from where you face loss.

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No one can guarantee you that you can only profit without losing by trading cryptocurrency. And no one can tell such a way where only profit can be made by crypto trading . But someone can give you some introduction on how to trade that will give you more chance of profit. it is only truth. To trade in cryptocurrency you must accept risk.

landheer

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in investing, of course, most people must have experienced losses, and with these losses it became a valuable experience for us, for the future so that we do not repeat the same mistakes, so in my opinion in investing in crypto, we must be positive in mind and must enjoy and don't forget also to continue to learn so that our knowledge is better.

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Quote from: gunhell16 on July 22, 2022, 09:59:04 PM

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.

No one can do that in reality, even the experts can't help but reduce their assets significantly in cryptocurrency due to the volatility that exists in this industry. That's why here you can measure the skill of everyone's strategy in performing crypto trading activity. That's why investing in cryptocurrency trading always comes with risk because we don't know when its market value will actually go up or down.

So when we always think to avoid losing our assets in the end, we only bring our assets closer to losing them. That's why we should always be calm when doing trading and don't give in to the weakness of our emotions in this kind of business industry.

Whatever you do will be what is in your destiny no matter how much you think you will do it it will never be possible what is written in your destiny but there is risk in what you do it is better to act with risk later on when faced with the age If you can wait patiently then you will succeed and if you lose patience and accept failure then you will fail and if you wait patiently then you will succeed.

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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 asked a question and just answered it yourself, because those are actually the ways not to lose money trading cryptocurrency, but do you think crypto traders don't lose money? The answer is NO, all traders do actually lose money, but the rate at which he or she will lose money depends on three things, experience, always having a target and abilities to use the right tools at the right time. And another thing to have in mind because is to avoid investments which offers rewards way too good to be true, because it could possibly be a scam

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The bear market has caused many people to lose money, but crypto scalping/day trading has still made a lot of money despite the dip. As a result of copying the process, I have officially doubled my portfolio. It's pretty inevitable that everyone will lose money when trading cryptocurrency. There will be times when everyone will have to deal with it. The crypto price can fluctuate every time because whales can hold most of the crypto. We can be disturbed by their actions, and may make foolish decisions as a result. Don't let that happen to you.

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Quote from: Bhig Daddy on July 03, 2022, 01:09:15 PM

The truth is you can never play is safe with cryptocurrency, the risk is what make you a veteran in trading, when you keep playing it safe you can't even make enough profit in most cases. So the best is try to invest the fund you know you can lose just incase your investment goes wrong.

Losing in trading is inevitable everyone knows that, I'm just not sure if you know that too, or you're just pretending you don't know. If you look at trading, whether it's crypto or forex, there's buy and sell, it's like win or lose, but the truth is buy or sell, we can make money from those two as traders.

But of course, if you are going to invest in an altcoin, you should first find out if these coins are worth it or not. look at its latest development in the present and the future. So that you don't waste your capital, right? This is also what most people who want to invest in cryptocurrency often do.

Just always remember that crypto trading dude, always give us a high chance to go in losses in the end if the individual traders are neglectful or lack of skills in trading here, in short, lack of knowledge or not knowledgeable. Most of the time winning or getting profit here in terms of big, is very seldom to happen and of course that would depend on the huge amount of holdings you have.

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Quote from: bakasabo on August 10, 2022, 03:37:18 AM

Looks like that is impossible not to lose money in trading crypto or trade only with profit. We are all here to get profit. Our profit means someone's loss. According to theory of variability, once there will be a different outcome compared to what you usually get. If you always lose in trading, once you will get a profit and vice versa. All the advices, such as do your own research, study market, trade with cold head, avoid emotions and etc, are good, but one day they will fail.

I agree to this, especially the thing that our profit means someone else losses. Well, in trading there's always a loss that we will face but we can minimize the risk not completely remove the risk that we will face in trading with our perseverance to learn and learn how to control ourselves, anything that has a big risk we can make it to smaller one.

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Looks like that is impossible not to lose money in trading crypto or trade only with profit. We are all here to get profit. Our profit means someone's loss. According to theory of variability, once there will be a different outcome compared to what you usually get. If you always lose in trading, once you will get a profit and vice versa. All the advices, such as do your own research, study market, trade with cold head, avoid emotions and etc, are good, but one day they will fail.

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Quote from: Rana590 on August 09, 2022, 08:06:54 AM

There is no way to avoid loss in the trading. Sometimes you have to lose your capital here. It is not possible to get profit always. But it is true that we have to know the right time when we should buy and withdraw our money to get profit. There is an another strategy that we should remember that it is not right decision to make huge profit from a single trade.

Whenever we talk about a valuable investment asset, we must realize that there is always a risk involved. Low or high risk depends on how we minimize it with good asset choices and how we have risk management.

Of course it will be difficult for anyone to avoid losses because crypto prices are very volatile, but again as I said that we can have ways to minimize it. The right way is when you realize that only money you can afford to lose you can invest, meaning from the start you understand how we have control over trading psychology.

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Quote from: virasisog on August 09, 2022, 11:21:49 AM

Quote from: Rana590 on August 09, 2022, 08:06:54 AM

There is no way to avoid loss in the trading. Sometimes you have to lose your capital here. It is not possible to get profit always. But we indeed have to know the right time when we should buy and withdraw our money to get a profit. There is another strategy that we should remember that it is not the right decision to make a huge profit from a single trade.

The possibility of losing in trading is very high but we could lessen it if we're fully equipped with knowledge about trading. Trading will always have the risk of losing but if we know how to deal with the volatility of the market, we could buy and sell at the right time with perfect timing. We only have to choose a potential coin and have the right mindset as we do trading. Greed and temptations could always be around us but if we have set a target goal, we'll have a guide to follow.

Trading losses is inevitable and no one should really be thinking that they should make out perfect trades because thats not how reality works because if there are gainers on the other side then it would be understandable that there are losers on the other side and thats how a market works.So instead on making yourself a perfectionist then its better to make yourself be more aware about the risk
and as you do gain experience you could really able to lessen up the risk involved with trading.The main target or goal on this one is you should really make yourself sustainable
and able to survive this unpredictable market.

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Quote from: taufik123 on August 08, 2022, 10:36:06 PM

Is trading like gambling? do you know the meaning of real gambling and how it is different from crypto trading. maybe you need to study it again. Gambling is completely determined by luck, if you don't have luck you will keep losing. different from trading which of course has to do some analysis to determine or predict market prices.

It is true, mate. Trading isn't the same as gambling, gambling purely relies on luck but trading relies on the knowledge and experience of the traders. There is no way in gambling to improve the chance to win, while you can increase the chance to succeed in trading if you have sufficient knowledge and experience. Learning has a big role in trading, otherwise it is useless to do in gambling. So, basically, gambling and trading are quite different, it is the wrong mindset to assume they are the same.

Quote from: virasisog on August 09, 2022, 11:21:49 AM

The possibility of losing in trading is very high but we could lessen it if we're fully equipped with knowledge about trading.

Yep, we can minimize the opportunity for losses, by having sufficient knowledge and experience.
However, it doesn't mean removing the chance for losses at all. Wink

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Quote from: Rana590 on August 09, 2022, 08:06:54 AM

There is no way to avoid loss in the trading. Sometimes you have to lose your capital here. It is not possible to get profit always. But we indeed have to know the right time when we should buy and withdraw our money to get a profit. There is another strategy that we should remember that it is not the right decision to make a huge profit from a single trade.

The possibility of losing in trading is very high but we could lessen it if we're fully equipped with knowledge about trading. Trading will always have the risk of losing but if we know how to deal with the volatility of the market, we could buy and sell at the right time with perfect timing. We only have to choose a potential coin and have the right mindset as we do trading. Greed and temptations could always be around us but if we have set a target goal, we'll have a guide to follow.

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