That is what we did for the first time we trade. We risk our money to make a profit, but unfortunately, we don't have good skills in trading, so we get a lose. But if we can learn more about trading, I am sure that we can avoid getting a big loss.
I am not an expert in trading too, but at least, I want to learn about how to analyze in trading, how I can get the right time to enter the market. We all know that only with skills, we can make a profit even if we only have a small balance at a start. I agree that we need to know when we need to get out from trading no matter if we lose or profit on that day so we can trade again in the other days.
So if we can be careful in choosing the coin from the result of our analyze, we can have a chance to make a profit. But we need to remember that the market cannot be predicted and sometimes, the market will run without news.
Topic: Many new traders are playing to lose - page 13. (Read 1952 times)
Money is not taken out of thin air. If someone made a profit it is likely that someone has suffered losses. There is no one to blame and even more so to blame the cryptocurrency itself.
Coming to the crypto market to invest, without the prior knowledge of the volatility of crypto currency or knowing about how volatile it is and yet investing without accurate information is like gambling. Which means that you stand a chance to loose what you have invested. Therefore, knowledge is very important.
Many amateur traders are actually playing to loose in the sense that they don't know the rhetorics behind trading, from my personal experience in trading which wasn't favourable, I always rely on people's trading calls because I don't how to read charts and the technicality involved in trading and those people I rely on their calls, I don't know how much expert they are, so when I went to trade I lost the $200 I started with because of wrong trading calls.
Trading is almost like gambling, there we have to think clearly and not rush to take steps. If it is not sure to hold please sell if you lose 2-5%. Until now I have remained hodl despite losing more than 25% of my assets. Because trading money is not from main income.
Concern also about your situation that you have lost due to wrong predictions for trading. I agree with you that trading is almost the same as gambling. requires proper analysis and is not in a hurry to determine the steps, because it will experience a big loss. but this is a risk of the trade, but if you can anticipate it can also be sure to get a big profit.
Sounds more like gambling than trading. Better to either look at it like an investment and buy a good coin and simply hold (or just buy $100 worth of btc, hold and forget about it) or if someone wants to do the trade thing, do some research first and know when to buy/sell.
$100 is such a small amount though, so it hardly matters really. I mean how much did he expect to make, like $30 out of a couple of trades? And then factor in fees and time spent, and it's probably not worth the hassle.
If someone with $100 came to me and asked how to invest it, I'd say just put it into BTC or ETH and hold it, or put it all on a longshot coin to hold and consider it lost money.
$100 is such a small amount though, so it hardly matters really. I mean how much did he expect to make, like $30 out of a couple of trades? And then factor in fees and time spent, and it's probably not worth the hassle.
If someone with $100 came to me and asked how to invest it, I'd say just put it into BTC or ETH and hold it, or put it all on a longshot coin to hold and consider it lost money.
Money is not taken out of thin air. If someone made a profit it is likely that someone has suffered losses. There is no one to blame and even more so to blame the cryptocurrency itself.
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading
Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands of dollars on the trading platform not trading with 100$ and be praying for a miracle.
Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.
I don't mind others's things cause that's their problem, their fault to lose money.He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading
Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands of dollars on the trading platform not trading with 100$ and be praying for a miracle.
Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.
Just need them not to blame market and others fault.
Money in this market was circled. There must be someone losing for the rest make profit.
This is the first time that I will be hearing from you that they gamble with trade again, I use gamble often actually for those that I feel they don’t analysis the market before trading but does not mean the real gambling, but based in what you said here, it seems you are talking about the real gambling here.
There is no one that will be insane to just come to the market with the intention of losing money, but there was something that I did also when I first started to learn how to trade, after I learn some certain strategies, I felt the best way to test if I am really good with it is to test with little amount, so I did not trade because I want to get something back, but to trade just to test my ability first, and I feel that was what your friend did.
There is no one that will be insane to just come to the market with the intention of losing money, but there was something that I did also when I first started to learn how to trade, after I learn some certain strategies, I felt the best way to test if I am really good with it is to test with little amount, so I did not trade because I want to get something back, but to trade just to test my ability first, and I feel that was what your friend did.
Nothing is free in this world and if you are going all in, you will lose everything. This is not my opinion, I believe it is reality and a good trader always knows that you need to diversify your portfolio and trade with less than 10 percent, to become successful.
Crypto trading in most cases is just a gambling, we should admit this 
Professional investors are playing in a different way, they are not trying to get rich fast and don't feel any FOMO or FUD when making trading decisions
Professional investors are playing in a different way, they are not trying to get rich fast and don't feel any FOMO or FUD when making trading decisions
Trading requires patience in a hurry that won't work because trading in cryto is not that easy we have to watch the market movement and sell coins at a price higher than the initial price we buy that way to profit if we sell at a lower price than the purchase price it will be a loss
In most cases if someone loses money in trading, they are even more ambitious to continue trading and try to cover the losses beforehand, but unfortunately it does not function as expected. if you have the courage to trade you will not run away and it is better to use other strategies to cover your previous losses.
As long as people are in bitcoin world (or generally crypto) it is fine by me even if they lose. That just means there is more people involved in crypto, if there are winners there has to be losers as well and if they are idiots who do not really care about crypto and learn how to trade which means it is their own choice and I am fine with it, that means I am facing a bad trader who doesn't know what they are doing and that would end with me making more money since they don't know but I do.
Bitcoin needs idiots as well, everyone is so suspicious of everyone and we are thinking there is some shady stuff going on with it and everywhere there is manipulators and speculators trying to make moves that would make them more money than normally would have. So if we have couple of idiots that is just fine, we have enough smart people some idiots would be great.
Bitcoin needs idiots as well, everyone is so suspicious of everyone and we are thinking there is some shady stuff going on with it and everywhere there is manipulators and speculators trying to make moves that would make them more money than normally would have. So if we have couple of idiots that is just fine, we have enough smart people some idiots would be great.
it's better to learn to trade first before starting, losses are a risk. you must know what trading method you are playing, whether it is daytrade or longtrade. we must be realistic when taking advantage. if the capital is small don't dream to get a lot of profit immediately.
losing is a risk.
if you don't want to try again it means you are not a trader.
no trader always experiences profit.
losing is a risk.
if you don't want to try again it means you are not a trader.
no trader always experiences profit.
Trading is almost like gambling, there we have to think clearly and not rush to take steps. If it is not sure to hold please sell if you lose 2-5%. Until now I have remained hodl despite losing more than 25% of my assets. Because trading money is not from main income.
No matter how very careful you are when trading you will sometimes always lose thats why its better to quit trading when you keep losing over and over,since no one can predict market movement anything can happen when you are trading,sometimes you will keel wining and sometimes you will lose too
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading
Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands of dollars on the trading platform not trading with 100$ and be praying for a miracle.
Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading
Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands of dollars on the trading platform not trading with 100$ and be praying for a miracle.
Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.
$100 is just a small amount and it was a good lesson for him. But you are right, he could have started small but it can also be beneficial because sooner or later he will do the gambling with big amounts so it's a good thing that the already knows that it don't work and it needs a lot of precautions. But newbies are really bound to lose first before they feel the rhythm of the game they entered and then finally profiting after.
Most new traders rely on luck and determination to be able to make more dollars because it is too ambitious. This must be addressed by newcomers for traders today. look at market conditions when you trade.
Losing is not that they want to happen of their early trading experience but they have already. In some reason why they lose us that, they might probably drag with their emotions and make control with their mind. Market analysis and as well as effective strategies is very helpful in order to close such chances and turning it into profiting.
Trading is a very hard and disciplined job. It’s not just logged in, pressed a couple of buttons and got a profit
You should tell that to him.
Give him some good advise.
Yes it should not be rushed. It is not something that can be learned in just a day. But for $100, I do think that is a good start to just experience how trading works.
I did that before. My first time, $50 just so I could try it. I did it successfully though and then learned more watching videos and reading statements from users here.
Give him some good advise.
Yes it should not be rushed. It is not something that can be learned in just a day. But for $100, I do think that is a good start to just experience how trading works.
I did that before. My first time, $50 just so I could try it. I did it successfully though and then learned more watching videos and reading statements from users here.
Jump to: