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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Quote from: tsaroz on April 07, 2021, 11:24:45 AM

And when you are on margin/leverage or buying timed shorts and longs. They do increase the chances for huge profit but are likely to lose you your money tha while investing with you own money. When you buy a coin with your own money, you would be more comfortable while you are taking loses as you know, the prices could rise some day and you just needs to hold on till that. That won't be possible if you are trading with borrowed funds.

I would add, don't use borrowed money from the bank, it really won't turn you into a trader, there you just look like you're being chased by flower collectors every month. then trade by buying and leaving for a long period of time. buy and forget, save for the future.

bobyhodob

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always a lot of people who are consumed by Fomo because they always see those who share people who are already famous but after I thought for sure the person who shared it had bought a lot before and just shared it, finally there was a high pump

tsaroz

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And when you are on margin/leverage or buying timed shorts and longs. They do increase the chances for huge profit but are likely to lose you your money tha while investing with you own money. When you buy a coin with your own money, you would be more comfortable while you are taking loses as you know, the prices could rise some day and you just needs to hold on till that. That won't be possible if you are trading with borrowed funds.

Mr.007

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therefore buy during correction and don't be easily consumed by Fomo, find out the truth of the project first before buying it in order to reduce the loss factors

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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.

If you don't have patience and enough knowledge about trading, it will surely bring you in many loses. Another thing you will lose in trading if you trade a coin which doesn't have a good future that's why it's important to choose the right coin to trade. In trading good timing to buy and sell is also necessary, so learn the graph and price movement carefully. Don't rely on Fomo or through the words of others. Use your own strategy!

acener

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Well it is easy for those who are just picking randomly and buying the one who is being pump.
It isn't easy for some of us trading takes time,experience and knowledge and for some they are too eager to learn all of it so they would just jump in.

Smartvirus

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This is why most persons have faith in the saying which goes 'Cryptos are for hodlers'. There is even a topic about this and it goes a long way in explaining how your in the advantage of in the clear if your willing or ready to hodl your coin.
This is when considering only one aspect of crypto investiment and that is trading. In trading, you can vary loose crypto if you have the luxury of time to wait on your investment. Its the main determinant for a failed investment and that is, if you don't buy at the pump and sel at the dump. Cryptos can be easily lost when you aren't careful enough to observe certain rules and that is;

* Sending cryptos to the right address
* Not confirming the address your sending crypto to
* Sending crypto to the wrong wallet
* Hacked exchanges
* Investing in scam platforms and
A lot of other means.

Fesatmas

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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.

Maslate

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Do we here just to lose our money for the scammers and by mistakes if making bad decisions? Maybe we are wrong about that because it is not a reason why we are here and why we spend time knowing crypto and Bitcoin. I don't feel the sense of doing this, not really.

Because if we are here just to experience losses, we better not waste our time knowing crypto in the first place. Much better to hand over your money directly to the scammers. We are here for good reason and that because we wanted to grow our money and that is why we need to to avoid anything that could ruin our plan.

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Its true that its not easy to lose but if someone is/are the type of person that tends to lose patience, Cryptocurrency Trading is not the type of thing you should do in this industry. There is just so much to lose and gain in that type of situation since you will be needing to learn and study different kinds of token economies and look for the perfect opportunity to join the ride when those Cryptocurrencies are pumping. Fomo'ing is a good thing but you need to make sure that the Cryptocurrency you will be Fomo'ing has a big community.

isaac_clarke22

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

~

I fomo'd back in the days, but that was like 2 years ago already.
Just put your mindset into investing when you have the extra money to do so.
Don't just go invest whenever opportunity comes even if you are almost financially down.

bakasabo

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"its quite difficult to lose" ? Just give me your private key or access to your exchange account and I will show you how quickly I can turn your balance into dusk. After 3 years in cryptocurrency trading, I think I lose more than earn. I could say that I have a black belt in unsuccessful trading. (But I'm good at holding only

)

cryptomaniac_xxx

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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.

This has been preach many times in this community and yet many still fall for this specially newbie investors.

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

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.

Timing and patience is the key, wait for the price to at least go on a correction. But since we are in a bull run, people are still going to buy though. But in a bear market, it could be different strategy, but cheap and then wait and hold.

Lorence.xD

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If it is not that easy to lose money in cryptocurrency then how come a lot of traders based on statistics suffers losses though? There must be an explanation to that.

Quote from: ?? on ??

The biggest reason some people lose huge amount of money or even all of their money is that they invest into altcoins that they have no idea about it. I always say, "Don't invest in a crypto which you don't know anything about the project". Because it has no difference than gambling with your money.

Although I feel bad that they lose a lot of money in investment, I think that this is a retribution for not doing research when it comes to investing and I would add that you should've gambled your money instead of just investing into something that you have no idea.

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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'd found another way, just join the pump and dump group...they will help you to spend everything you have.
I hope people would clearly understand the risk of trading and they should have to spend time studying this. We need to gain knowledge because that is the only tool that could help us to make a good decision.
If we don't want to lose everything we have, then we should extend our effort make research, listen to other's advice, and never be in FOMO.

tabas

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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.

GeorgeJohn

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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 because investing on what you don't have the perfect knowledge or basic knowledge is not really ideal because it can lead to negativity in life or negativity in area of concentration, now some people buy coins at cheaper rate which is approximately when the coin is low and immediately the coin rise they have to sell to make profit, so I would have prefer to purchase and hold for long time so that the profit will come in surplus form, and i noticed that people always perform these, that after purchasing a coin with higher rate and the coins happen to decrease in price, some people rush and sell, which is bad, if you buy a coin and the coin go down in price, if their is a spells money purchase more and hold because definitely it will rise again.

Sterbens

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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?

cryptoboss2020

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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.

Topic: Its not so Easy to lose in crypto trading and btc (Read 305 times)