How do I not lose money in trading cryptocurrency? - page 7.

stomachgrowls

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Quote from: EdenHazard on December 10, 2021, 05:45:42 PM

Quote from: Questat on December 10, 2021, 03:22:30 PM

Quote from: arditiyan on December 10, 2021, 08:57:14 AM

In trading, losing money is certain. however, the most important thing is that we minimize the loss. the best way is to be able to manage and control trades so that they don't get caught up in lust. I think this is one of the main conditions for trading to keep going and not losing money fast.

Don't minimize the loss, focus on making yourself profitable.

Trading is like having a business, some days you lose money but what's the most important is you make sure in the end you'll be profitable. No one makes money in trading in a daily basis, that's the fact successful traders are making sure they have the consistency which means they have more successful trades than failures as that would result a net profit.

Twisting ...

Trading is like twisting shit lol , i mean you could get a huge profit accumulated this month or this year but you lost it all again the next time you do another trade.
not sure which one the correct one but the truth is that trading has more pain than the gain cumulatively.
accept that is why trading warned as a high risk business right?

Gamble on the sense because you would defintiely need to risk money for you to earn money but this isnt something that could really be 100% similar in gambling yet you could really take advantage if you do really know on what you are doing.Experience is the real deal on here.

It just dumb that you would really be minding off that you couldnt lose on this market which is really a very wrong belief on someone
who do step their foot into this market.

If you dont like risk then this market isnt really for you.

EdenHazard

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Quote from: Questat on December 10, 2021, 03:22:30 PM

Quote from: arditiyan on December 10, 2021, 08:57:14 AM

In trading, losing money is certain. however, the most important thing is that we minimize the loss. the best way is to be able to manage and control trades so that they don't get caught up in lust. I think this is one of the main conditions for trading to keep going and not losing money fast.

Don't minimize the loss, focus on making yourself profitable.

Trading is like having a business, some days you lose money but what's the most important is you make sure in the end you'll be profitable. No one makes money in trading in a daily basis, that's the fact successful traders are making sure they have the consistency which means they have more successful trades than failures as that would result a net profit.

Twisting ...

Trading is like twisting shit lol , i mean you could get a huge profit accumulated this month or this year but you lost it all again the next time you do another trade.
not sure which one the correct one but the truth is that trading has more pain than the gain cumulatively.
accept that is why trading warned as a high risk business right?

Sihab76

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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.

Trading not a easy task because trading platform only for experienced and knowledgeable person who already experienced on trading with profits and losses. If you don't have both experienced, you don't get no benefits from trading.

Questat

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Quote from: arditiyan on December 10, 2021, 08:57:14 AM

In trading, losing money is certain. however, the most important thing is that we minimize the loss. the best way is to be able to manage and control trades so that they don't get caught up in lust. I think this is one of the main conditions for trading to keep going and not losing money fast.

Don't minimize the loss, focus on making yourself profitable.

Trading is like having a business, some days you lose money but what's the most important is you make sure in the end you'll be profitable. No one makes money in trading in a daily basis, that's the fact successful traders are making sure they have the consistency which means they have more successful trades than failures as that would result a net profit.

Gosgosking

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Lol. But you already give yourself a good answer. Before you start cryptocurrency trading you make sure you know what you are doing. Do not start trading and you do no understand what you doing except you want to lose your money. To avoid lose you can go any trading academy to get trading knowledge, if that will cost you money, you can develop yourself by getting books and watching videos.

Rehan Zakir

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Follow any person or a crypto trader that have professional experience about trading. Then learn their trading tricks and apply it on your portfolio with small amount. A amount that you can afford to lose. So, use that amount and start your trading journey. Trading is not so simple. But learning will increase your earning.

pgbit

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Trident Protocol | Simple «buy-hold-earn» system!

you can be saved by loss with patience. Because Patience plays important role in Trading. The second method is you should buy in Dip. I saw many people bought on Hype. buying on Hype is very risky that's why you should try to buy in Dip.

doremonchina

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You will find crypto specialists everywhere of the Internet You might see as this difficult to accept yet there are no genuine crypto specialists. Cryptos are excessively unstable for anybody to have the option to precisely anticipate their costs. So do your own exploration.
At the point when you think back in time everything appears to be exceptionally coherent and self-evident. You might lament not having purchased Bitcoin at $1,000 or not having sold it at its pinnacle This lament will waste your time. Do your examination and in case you feel that a specific crypto is underestimated then get it Or in case you believe it's exaggerated then sell it.

BitcoinAccepted

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Quote from: arditiyan on December 10, 2021, 08:57:14 AM

In trading, losing money is certain. however, the most important thing is that we minimize the loss. the best way is to be able to manage and control trades so that they don't get caught up in lust. I think this is one of the main conditions for trading to keep going and not losing money fast.

Definitely, losing money is part of trading, whether we like or not. The reality is throughout every trader’s journey, incurring losses will occur from time to time, because that’s the way it is. With the. Volatility of the market, even with the knowledge and experience a trader has, lose can still be experienced. Nothing is certain but trying to manage and control not only trades, but the emotions, patience and decisions we take and follow can be a huge step in minimizing the losses and capacity to recover from such.

arditiyan

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In trading, losing money is certain. however, the most important thing is that we minimize the loss. the best way is to be able to manage and control trades so that they don't get caught up in lust. I think this is one of the main conditions for trading to keep going and not losing money fast.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Quote from: Mamun74 on December 02, 2021, 01:25:00 PM

Token price up and down,it is not impossible fact coz it is normal matter. So importantly YOU need patience. When you start trading or holding then you need to keep patience and control your emotion cox greedy and impatient trader or holder loses his money.If you have enough patience i Think, you can get profit from trading in cryptocurrency.

You are right, the truth for now the market has a lot of volatility and since most of the times emotions give a great surprise, however it is difficult to ask for patience from a person who has a token that when he sees the BTC one is completely bearish. In a market like that of now, where everything is a great uncertainty, where the panic reigns not only to lower the price, but also the enormous fundamental of Covid19 with its new variant, this causes most markets to fall.

Luqman

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Quote from: SmokerFace on December 04, 2021, 06:29:40 PM

Trading required full concentration and focus on the work. We have to keep our eyes on the market while trading. Also, proper knowledge of trading is also important.

Indeed. Those are some basic requirements in trading, each trader must understand them well. In my opinion, updating information and having proper knowledge are the most important things in trading. We know that there is always much hot news in crypto every day, it may influence the market trend and crypto coins prices. Missing updated news may lose the best moment to buy or sell our coins. While having knowledge, is indeed the main factor to determine whether to trade properly or not.

SmokerFace

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Well, trading markets are always uncertain. We can't exactly predict what is going to happen. Trading required full concentration and focus on the work. We have to keep our eyes on the market while trading. Also, proper knowledge of trading is also important. The first step to learn then on trading. So trading without proper knowledge and information can result in loss and disappointment. But you can take guidelines regarding the ups and downs of the market on the forum where the experienced traders have shared their experience.

Mahanton

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Quote from: Mamun74 on December 02, 2021, 01:25:00 PM

Token price up and down,it is not impossible fact coz it is normal matter. So importantly YOU need patience. When you start trading or holding then you need to keep patience and control your emotion cox greedy and impatient trader or holder loses his money.If you have enough patience i Think, you can get profit from trading in cryptocurrency.

Patience is all you need for you to sustain this very unpredictable market but that wont be something that can be acquired or able to withstand
uncertainties and doubts in regards with your actions or decisions to be made along the way.and dont try to be perfect because theres no way for someone to become a perfect trader because of volatility then we do really experience losses but what matter most on here
is that you do make profits with your trades and this should be your primary goal.

Mamun74

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Token price up and down,it is not impossible fact coz it is normal matter. So importantly YOU need patience. When you start trading or holding then you need to keep patience and control your emotion cox greedy and impatient trader or holder loses his money.If you have enough patience i Think, you can get profit from trading in cryptocurrency.

arbifahrozy

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$CYBERCASH METAVERSE

Risk is associated with crypto currencies, so we invest only what we are able to afford in case of loss, but we can still make money if we know how crypto markets work, and most importantly, we have to stay up to date on news because overall market can change if there is bad news.

andriarto

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Ups and downs in investment, I think are normal, but if we fall, the main value is how we can rise from adversity, and if we are successful in doing so, we will pass many lessons that can be taken. from that lesson we can use it for the next trading capital so as not to experience the same error, so that we can consistently make profits, and an established trading psychology is formed

LastKiss

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SOL.BIOKRIPT.COM

Quote from: MFahad on December 01, 2021, 11:10:43 PM

Simple answer is , when you not sell cryptocurrency belowbthan buy rate. This need some trading rules which you should apply to not lose money.
First of all only use Extra money from your need in cryptocurrency.
Second always buys those coins which are fundamentally strong.
Always buy in dip ams wait for breakthrough to get profit.
Never sell in panic no matter how market behave.

All of them is really easy and simple to think than to be done Cheesy

, most of us always panic sell when bear market happening which we should avoid no matter what. We should do some research about the coins before start trading and learn basic trading will help you in the future or having some friends to guide you will better.

MFahad

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Eloncoin.org - Mars, here we come!

Simple answer is , when you not sell cryptocurrency belowbthan buy rate. This need some trading rules which you should apply to not lose money.
First of all only use Extra money from your need in cryptocurrency.
Second always buys those coins which are fundamentally strong.
Always buy in dip ams wait for breakthrough to get profit.
Never sell in panic no matter how market behave.

Alisha FR

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To be able to get a profit is not that easy, not only the knowledge that we have. We must have patience, eliminate greed and have a sense of commitment to the targets we want to achieve. Talking about making mistakes in trading is beyond analysis. But all have a solution, which is to hold on until the market recovers. And here you have to have extra patience.

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