How do I not lose money in trading cryptocurrency? - page 5.

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Quote from: AnonBitCoiner on August 02, 2022, 09:49:25 AM

Trading needs your time and perhaps your whole day because there is increase and decrease in price of the market so you should have eyes on market price. If the worth is higher then you should never buy any coin because it could be a cause of your loss. You should have patience and do no be in hurry to make the profit at once. It will surely take time.

I guess those who are experienced in trading will not need all their day to look at the market. some traders who want to make daily profits may only trade for 3-5 hours in a day. that alone could be faster if they could get profits sooner.
the key I think is choosing the right asset and the right time to buy. That ability I think needs to be considered for anyone who wants to trade.

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Trading needs your time and perhaps your whole day because there is increase and decrease in price of the market so you should have eyes on market price. If the worth is higher then you should never buy any coin because it could be a cause of your loss. You should have patience and do no be in hurry to make the profit at once. It will surely take time.

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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.

It is impossible for us to trade crypto without experiencing any losses at all, as you said even professional traders will find it difficult to avoid losses.
We must remember that the crypto market is very volatile, so the risk is very high. That's why we must have good analytical skills if we want
to trade crypto, at least with a good analysis we can predict what will happen in the future, although our predictions are often inaccurate. But at least
we can have a little idea where the crypto market will move, so we can prepare the right strategy to bring us closer to profit.

We can also use the cutloss feature to minimize losses. Please just do a good preparation when trading, then we will not panic when the market
moves not as we expected, because we have prepared a backup plan. Another thing maybe we should start to control our emotions well,
because in crypto trading patience is the main key to success. And also with well-controlled emotions, we can distance ourselves from greed,
which can be one of the reasons we experience losses when trading.

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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.

Well you are right but the risk is in everything be it crypto or another investment - something even the most sure investment turns out to be an excessive loss.
However - this depends on your luck what you are going to get or loose. One should do the thing without hurting anyone and with good intention.

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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.

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.

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Quote from: Franctoshi on July 19, 2022, 01:59:05 AM

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 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.

Cryptocurrency is a high risk volatile market which literally you can loose all your money in this industry, Therefore there is no escape route or way where you can not loose money or incur loses when it comes to cryptocurrency trading, rather you can only manage your loses in trading Bitcoin or cryptos by using the risk management system where you have to stick or play by the rules which can help you navigate in cryptocurrency trading without having to incur much loses.
Below are measure which you can to take while trading or investing in cryptocurrency in order to be profitable and not blow your account while trading cryptocurrencies.

1. Invest the amount you can afford to loose
2. Do not be greedy
3. Always ensure you Use trading stops and TPs
4. Do not risk more than 2-5% of your funds or high x leverage while doing leverage trading.
5 .Ensure you diversify your crypto holding , that is do not invest in only one crypto project, as Luna crash is a typical example of what could happen to you.

Well that is a good point you have mentioned - invest the amount you can lose.
But in this time - we cannot lose any amount. Also that is correct I have lost a big amount of crypto from wallet and I was literally in no position to lose it.

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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 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.

Cryptocurrency is a high risk volatile market which literally you can loose all your money in this industry, Therefore there is no escape route or way where you can not loose money or incur loses when it comes to cryptocurrency trading, rather you can only manage your loses in trading Bitcoin or cryptos by using the risk management system where you have to stick or play by the rules which can help you navigate in cryptocurrency trading without having to incur much loses.
Below are measure which you can to take while trading or investing in cryptocurrency in order to be profitable and not blow your account while trading cryptocurrencies.

1. Invest the amount you can afford to loose
2. Do not be greedy
3. Always ensure you Use trading stops and TPs
4. Do not risk more than 2-5% of your funds or high x leverage while doing leverage trading.
5 .Ensure you diversify your crypto holding , that is do not invest in only one crypto project, as Luna crash is a typical example of what could happen to you.

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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.

the hard thing to do is to hold on long term, of course the feeling of impatience and worry will always be there. but with the right coin selection it can at least minimize that feeling. especially if we hold the meme coin, of course the heartbeat will feel faster, so the solution is how we can control ourselves, so that we can exit the market when we have made a profit. if to find the highest price it might be a bit difficult, especially if the market is about to form a new ath, no one knows where the peak will be

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Quote from: Lida93 on July 17, 2022, 11:04:07 AM

Quote from: Sterbens on November 10, 2021, 02:02:03 PM

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..

Only a few traders stick to a very guide or pattern of trading and when you do so over and over again without relenting you're only gaining a mastery of it all,
it tend to minimize loss and build confident too, and not jumping from one guide or pattern of trade to another you only end up from one loss to another.

..PAtience is the key one should take the step with caution.
I agree on the point you have mentioned that jumping from here to there would not help you any ways.

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Quote from: Sterbens on November 10, 2021, 02:02:03 PM

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..

Only a few traders stick to a very guide or pattern of trading and when you do so over and over again without relenting you're only gaining a mastery of it all,
it tend to minimize loss and build confident too, and not jumping from one guide or pattern of trade to another you only end up from one loss to another.

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Quote from: CryptoHeadlineNews on July 04, 2022, 09:21:52 AM

The only way you can never lose money to crypto is not buying any at all, because lost is inevitable when it comes to cryptocurrency because of its volatile nature, but yet it can still be controlled If you don't invest in shitcoins, have a strategic plan, right knowledge and the right emotions not to be too greedy when opening or closing a trade. Because, a lot of people have actually made money from shitcoins (the lucky ones) while others lost a fortune to the same shitcoins. So been discipline enough to stick to only trading Bitcoin to fiats and no other shitcoins will save you the stress of losing money trading cryptocurrency

Well the truth is I have some friends who buy shitcoins and I don't know how but they win, but when I say Shitcoins they are the lowest, the ones that are like dump and pump, it's nothing like those coins like ETH, or the first of CMC, they are recently listed coins or coins that are known to give a pump, for me the only currency that will always give profits will be BTC and if it is bought right now and the price goes down it does not matter, because in the same way that currency will have a huge bullish jump, I think that's enough for them to believe in BTC before another currency.

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Quote from: Asiska02 on July 04, 2022, 02:34:55 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.

The appearance of your topic differs from the topic's main body. In response to the question you posed as the topic, trading cryptocurrencies entails a certain amount of risk. As a long-term investor, you will undoubtedly observe the market's ups and downs, which means that you will lose money in some way, whether it be small or more. Although you can't prevent it, learning how to trade before investing will help you reduce the likelihood of losing a lot of money.

Learning is something that comes after from a mistake or error which we could say that something that cant really be avoided or simply say that its been part of on overall process on which someone will surely experience.

Dont make yourself trying to have no losses because it cant really be just possible.All the thing you do need to do is to accept losses and if you do learn then try to reduce that risk as much as you could because it would really be that normal that you would really be tending to do so when you are already aware on certain conditions and this is where we do really find out that learning is everything and that learning could really be gained
through experience and just like on what others been saying on here that not everyone starts on being a professional or knowledgeable because everything can be gained through real experience or engagement.

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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.

The appearance of your topic differs from the topic's main body. In response to the question you posed as the topic, trading cryptocurrencies entails a certain amount of risk. As a long-term investor, you will undoubtedly observe the market's ups and downs, which means that you will lose money in some way, whether it be small or more. Although you can't prevent it, learning how to trade before investing will help you reduce the likelihood of losing a lot of money.

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Quote from: CryptoHeadlineNews on July 04, 2022, 09:21:52 AM

The only way you can never lose money to crypto is not buying any at all, because lost is inevitable when it comes to cryptocurrency because of its volatile nature, but yet it can still be controlled If you don't invest in shitcoins, have a strategic plan, right knowledge and the right emotions not to be too greedy when opening or closing a trade. Because, a lot of people have actually made money from shitcoins (the lucky ones) while others lost a fortune to the same shitcoins. So been discipline enough to stick to only trading Bitcoin to fiats and no other shitcoins will save you the stress of losing money trading cryptocurrency

Trading isn't for weak hands because you will literally experience losses here whether you like it or not because of the market's volatility. That's why you must be equipped with knowledge about the crypto world before buying. There will be times wherein you will fear inverting and there are also times that you will feel overwhelmed. It's like a roller coaster ride so you have to be financially and emotionally prepared. Always expect the unexpected because the market will always surprise you.

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The only way you can never lose money to crypto is not buying any at all, because lost is inevitable when it comes to cryptocurrency because of its volatile nature, but yet it can still be controlled If you don't invest in shitcoins, have a strategic plan, right knowledge and the right emotions not to be too greedy when opening or closing a trade. Because, a lot of people have actually made money from shitcoins (the lucky ones) while others lost a fortune to the same shitcoins. So been discipline enough to stick to only trading Bitcoin to fiats and no other shitcoins will save you the stress of losing money trading cryptocurrency

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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.

Not only in crypto but also in other or all investments as well on which you cant really able to play safe or something we do talk about 100% risk free because whenever you do step on any market or investment then

its automatically considered yourself to be into that risk zone on which there's always a tendency to lose money.Never ever think off about being a perfect trader or investor or something like that because it doesnt

really exist.Somehow you could really target out that you should really be able to sustain and maintain yourself on becoming profitable despite of those losses because it does signifies
that you are indeed doing well on your trading which is something that cant really be obtain by dealing with trading in a short time.It does really able to get yourself
needs to be experienced and all of stuffs before you do reach this state.

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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.

There is no way that you can't loose money when it comes to Cryptocurrency trading as it is a very volatile market, therefore what you need are tools that will help you reduce possible loses you will encounter along the line.

Which are
1_Good trading strategy
2_Risking only the amount you can afford to loose
3_Not being greedy
4_Setting Stop lose and profit taking
5_ proper risk management

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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.

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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.

^ That is not will work probably, losing money is being a part of trading or any part of investment especially in trading.
Did you know that even experts in trading also experience a loss in trading, the fact is, the crypto market price is unpredictable no one knows when the price goes up and when it will go down. So, it is impossible that you did not experience losses and that losses will be a reason for us to learn and that mistake would try not to repeat itself. In fact, trading and any crypto investment is not a money-making machine.

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Quote from: aryana42 on December 18, 2021, 02:47:21 PM

The more knowledgeable about cryptocurrencies and the more we practice, the more skilled we will be at trading. Skill is needed in trading, so the analysis we do has a great opportunity to make a profit. Seeing the fluctuating market dynamics, it is very important for anyone to implement a strategy. We all get it because we have knowledge so it is important to keep learning.

Learning is continous and a never ending thing because theres no such thing about pinnacle state on being a trading thats why as long you do get involved with the market

then you would really be learning up everyday but you should really put up into your mind that losing is inevitable and something which is normal when you do deal up with trading with cryptocurrencies thats why you should make yourself aware off with those probabilities so that you would get shocked and be prepared whenever
you do able to experience it for yourself.

Try as much as possible to end up on profits because this is the only way you could really sustain yourself despite of those losses that you had commited.

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