Its not so Easy to lose in crypto trading and btc

Silberman

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Quote from: cryptoboss2020 on April 06, 2021, 11:33:55 AM

Only way and most way are :
You buy fomo and sell at correction.
Thts the biggest way to lose.
Also if you buy btc with any lower times any red day then youll just wait until you get better price to sell it.
Dont invest what you can not afford to lose but invest what is small money enough for you( and you r not depend on it) that you can wait until you brake Even or profit.
Otherwise its quite difficult to lose.

I agree with you in theory, but we know that the theory and the reality can be worlds apart and this is one of those cases, it is incredibly easy for people to lose money in any market and this is even more true in the market of cryptocurrencies which has a tremendous volatility, I know that if people implemented what you state in your comment they will not lose their money, but believe me the majority of people cannot do something like that.

protocon

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I think people who wants to earn profits by investing in short-term can lose money. Usually people don't know much about crypto and they just join when the total crypto market price is high.
When the price drops, people fear that they are gonna lose all their money and they take out their money I guess..

yazher

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Quote from: Sterbens on April 06, 2021, 12:12:45 PM

and precisely do not use the necessary money in sufficient daily needs to invest, it will really disturb your trading mentality, where you will be required to immediately exchange crypto for money when the price looks red.

use money that is safe to store in the long term. but apart from bitcoin, which crypto to choose when it's all green and we don't want to be left behind in the market?

Yeah! that's why the main rule is "Don't invest what you can't afford to lose" because this is the problem for crypto investment when it comes to its cons. We cannot do the same with the big companies out there where they are able to invest some big amount of money because it came from their companies where multiple persons own it. We, on the other hand, need only to invest some of our wealth not all of it though, we still need to buy some food for our families.

Wawa2013

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How big the loss we experience when trading Bitcoin or altcoins will always be painful and not easy to deal with. Therefore we try our best to find
ways to avoid losses. Even though I understand that every investor and trader has experienced losses, and that is normal for anyone. The problem of
the source of capital used, if indeed we use money that we can afford to lose, will not be a big problem. But some people use capital from sources
that are indeed important, such as money for daily needs to be used for trading or investing. There is even something more frightening by using
bank loan money as capital. Therefore we must be wise in using trading capital, always use the money that we can afford to lose. So when
we experience losses we can deal with it well and not stress.

maxreish

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Thats the problem with most of the traders. Theyre easily get affected by FOMO. And scared they will gonna lose all their bitcoin not realizing that bitcoin market normally do some corrections and will jump up again if support price doesnt reach.

That is why reading and learning technical analysis is really significant and helpful to not fall for any fomo because we know now when is the right time to sell.

lalabotax

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Panic buy and panic sell will really lead you to lose easily.
FOMO and Hype are very often happening in this crypto world, moreover added with panic sell, it is a very VIP way to lose..
That is why before entering the crypto world, it is better to learn more and more about it, about how to be a good trader, how the market of crypto mechanism, analysis, and many others. There are so many sources that we can get from many sources.
One more it is about being scammed. Many newcomers are very easy to be scammed.
And not only newcomers but also people who are greedy for high profits may be easy to be trapped in scams.

seoincorporation

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If you think isn't easy to lose in crypto trading, then you should be new in cryptos, and let me tell you something, I have seen coins losing more than 95% of their value. That's a huge loss for those who were holding those coins.

The first day when zcash comes to the markets it was worth 3000 btc, and it was because the number of coins was really low, and some people spend on that coin at some crazy high prices, that's why I start calling the coin zcrash, because it was always going down.

So, if you see today the coins only going up, that doesn't mean is a secure bet, this kind of inversion is a high-risk bet, and we have to play it smart, using the brain and not the feelings.

kawetsriyanto

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Quote from: cryptoboss2020 on April 06, 2021, 11:33:55 AM

You buy fomo and sell at correction. Thts the biggest way to lose.

That's what amateurs or newbies do. They are easy to follow the hypes and weak in holding.
By the way, this happened many times, so it should be many people already told their bad experiences in trading by using careless strategy and less knowledge. So, basically, if you want to learn first from many sources before trading or investing in crypto coins, you won't end like that scheme. It is not a new issue anymore.

Oceat

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Just buy low and sell high that's your only goal if you want a profit and not the other way around. I guess newbies don't know that strategy yet but as for a starter that should be fine then you can proceed to the advance level of trading which is reading the charts and do some technical analysis.

Never gamble your money in the market without backing it up with a risk management and TA, you can also diversify your money through other top altcoins that you think would have a great advantage to this bullish market. All of it can be find here or on the internet for free and you wouldn't have to fee for schooling if you really want to learn there are tons of tutorial online that you can read or watch.

hulla

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I understand your impression and this is the same impression the crypto traders that make lost have when they wanted to start trading crypto but it will be nice if you can develop your knowledge about how to make profitable investmen in crypto trading because the market is by far more than just buying low and selling high.

stomachgrowls

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Quote from: cryptoboss2020 on April 06, 2021, 11:33:55 AM

Only way and most way are :
You buy fomo and sell at correction.
Thts the biggest way to lose.
Also if you buy btc with any lower times any red day then youll just wait until you get better price to sell it.
Dont invest what you can not afford to lose but invest what is small money enough for you( and you r not depend on it) that you can wait until you brake Even or profit.
Otherwise its quite difficult to lose.

Most common noob mistakes:

Easy Money
Quick Rich Scheme
Easy to deal with
Acting like Gambling

but once reality do slapped up into their faces then they do usually whine and in rage and make out blames that crypto is shit and isnt worth without
realizing on what are the things that they would faced up in the actual market.

"Invest on the amount that you can afford to lose" This had been a common line or simply the golden rule on this crypto industry.You should be aware on the risk
so that you wont really get shocked when you do face up different extent or level of volatility which would cause for your investment to move neither up or down.

sayaya17

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However, investing and trading in crypto is very vulnerable to losing money because although buying at low prices,
not necessarily it is the lowest value because at any time the price can be lower if suddenly the market becomes bearish.
That's because crypto is so unstable. For that many traders fail in crypto. But only a few of them survive.

CarnagexD

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Most newbies fall for these illusions, which then would cause them losses in the process. As a former newbie myself, I know that as you grow more as a crypto trader or investor, you're able to vanquish your FOMO ghosts and trade based on logic and rationality. It's just something that I bet almost all of us have been in for a good while, until we learned to do our own researches, not let FOMO break our spirits, and time our buys and sells right.

Ridwan Fauzi

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Many people find it easy when investing in bitcoin. They don't pay attention to the important aspects of investing, just spend money and choose an exchange and then buy bitcoins or altcoins that they think are worth buying.

Whereas, investing in bitcoin is hard thing to do. We can deemed that investing in stock exchange is more easier than bitcoin even it is more safer than investing in bitcoin. This is why most people who refuse to invest in bitcoin anymore because they have lost money in it.

So, the best thing to do is please pay attention to important aspects when investing. Not only using the money that you are willing to lose but several other aspects such as analyzing correctly or seeing good timing conditions for buying and selling, some of these things you can learn from technical analysts or trading psychology.

tabas

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Quote from: abel1337 on April 07, 2021, 04:51:11 PM

Quote from: tabas on April 07, 2021, 03:55:33 PM

Quote from: Fesatmas on April 07, 2021, 09:31:07 AM

Quote from: tabas on April 06, 2021, 04:52:45 PM

It's majority of the investors mistake to buy at highs and sell at the corrections. But if you keep repeatedly doing that mistake, the mistake is in you and you don't notice it.
Once is enough for that mistake and you're going to be wiser the second time you trade and hold it. Honestly, it's easier to lose than to make if you're not learning the lessons that has passed through your experience.

Trading principles like that, nowadays we find it more and more frequent and very massive among new traders, witnessing prices that don't know their history, they are usually carried away by FUD from social media about the increase in bitcoin. . but in fact the panic was very out of control.

That's the problem that they have to control, we've learned from it and endured most of the FUDs that came out in social media. But as for the newer folks, they're having hard time dealing with it.
With just one FUD that comes out that tells, the market is already done, they'll literally think that the market is already done and would panic to sell at a massive loss.

FUDs are everywhere and newbies are more likely to be victimized by that, Experienced traders always guiding new traders not to fall for the FUDs but newbies even they know that it is the wrong move, they still fall for it and blame themself after the whole FUD situation is gone. I'm sure every experienced trader has fallen into this trap, I myself have lost a couple of opportunities because I can't restrain myself but as time goes on, we learn how to deal with the situation from FUDs.

Yes, they're very prone to the fud and it will make them decide even they don't want to decide which at least pushes them to sell at losses. It's the counterpart of lacking experience.
But soon when they grow mature on the market, they'll learn that those fuds will just pass.

abel1337

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Quote from: tabas on April 07, 2021, 03:55:33 PM

Quote from: Fesatmas on April 07, 2021, 09:31:07 AM

Quote from: tabas on April 06, 2021, 04:52:45 PM

It's majority of the investors mistake to buy at highs and sell at the corrections. But if you keep repeatedly doing that mistake, the mistake is in you and you don't notice it.
Once is enough for that mistake and you're going to be wiser the second time you trade and hold it. Honestly, it's easier to lose than to make if you're not learning the lessons that has passed through your experience.

Trading principles like that, nowadays we find it more and more frequent and very massive among new traders, witnessing prices that don't know their history, they are usually carried away by FUD from social media about the increase in bitcoin. . but in fact the panic was very out of control.

That's the problem that they have to control, we've learned from it and endured most of the FUDs that came out in social media. But as for the newer folks, they're having hard time dealing with it.
With just one FUD that comes out that tells, the market is already done, they'll literally think that the market is already done and would panic to sell at a massive loss.

FUDs are everywhere and newbies are more likely to be victimized by that, Experienced traders always guiding new traders not to fall for the FUDs but newbies even they know that it is the wrong move, they still fall for it and blame themself after the whole FUD situation is gone. I'm sure every experienced trader has fallen into this trap, I myself have lost a couple of opportunities because I can't restrain myself but as time goes on, we learn how to deal with the situation from FUDs.

pixie85

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Quote from: xanxus.kun on April 07, 2021, 01:34:16 PM

Its never easy to lose money, not just in cryptocurrency but in all terms of investment. This is the reason why you only invest the amount you can afford to lose, that way no hard feelings no matter what happen.

Tell that to 80% of traders who lose money. Really at least 80% of traders come out at a loss!

You can say that it's easy because we are in a bull market now and investing in something that is booming. If you had bought in 2017 and saw your investment lose 80% in a matter of months, you'd know the feeling of despair Wink

tabas

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Quote from: Fesatmas on April 07, 2021, 09:31:07 AM

Quote from: tabas on April 06, 2021, 04:52:45 PM

It's majority of the investors mistake to buy at highs and sell at the corrections. But if you keep repeatedly doing that mistake, the mistake is in you and you don't notice it.
Once is enough for that mistake and you're going to be wiser the second time you trade and hold it. Honestly, it's easier to lose than to make if you're not learning the lessons that has passed through your experience.

Trading principles like that, nowadays we find it more and more frequent and very massive among new traders, witnessing prices that don't know their history, they are usually carried away by FUD from social media about the increase in bitcoin. . but in fact the panic was very out of control.

That's the problem that they have to control, we've learned from it and endured most of the FUDs that came out in social media. But as for the newer folks, they're having hard time dealing with it.
With just one FUD that comes out that tells, the market is already done, they'll literally think that the market is already done and would panic to sell at a massive loss.

xanxus.kun

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You have to get what you want your own way.

Its never easy to lose money, not just in cryptocurrency but in all terms of investment. This is the reason why you only invest the amount you can afford to lose, that way no hard feelings no matter what happen.

kryptqnick

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Quote from: cryptoboss2020 on April 06, 2021, 11:33:55 AM

Only way and most way are :
You buy fomo and sell at correction.
Thts the biggest way to lose.
Also if you buy btc with any lower times any red day then youll just wait until you get better price to sell it.
Dont invest what you can not afford to lose but invest what is small money enough for you( and you r not depend on it) that you can wait until you brake Even or profit.
Otherwise its quite difficult to lose.

You're saying it's not easy to lose, but I think it's not hard to lose either. "Buy low, sell high" is a great rule, but in reality it's often very hard to determine what to do. For instance, when Bitcoin hit $20k by the end of 2020, one could argue that buying was crazy because Bitcoin was at its ATH at that point. However, as the time showed, it was actually a profitable decision because it turned out that Bitcoin can go way higher than that. Another example is that one could invest in Bitcoin in November 2018 when the price was less than $7k. But then it went down to $4k and remained at this level for months, so for that period $7k actually turned out to be the high point, not the low one.

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