Mistakes in trading that lead to loss of money - page 18.

agustina2

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Quote from: anonbit992 on January 23, 2017, 11:35:26 AM

I have always lost more money trading and made money by investing and holding on to investments for years. I suggest newbies to invest in good crypto coins, I think the top 20 to 30 coins in coinmarketcap.com are pretty good to diversify and to stay invested in. And for God's sake, ignore any recommendations given in troll boxes. Always do your own research as it is your own hard earned money.

It's not enough just to based to that top 20 coins in coinmarketcap.com. They have a volatile price since then. Only bitcoin is meant is fit for long term holding as future is bright as based on the development of bitcoin since the beginning.

Those other alts are not meant for long term holding. When I say long term holding, it's years in the making and bitcoin is the only fitted to that role. Those other alts that have been on top like you are saying in coinmarketcap.com is profitable by doing regular trades and not just by holding since they are heavily manipulated due to numbers of distributions.

AjithBtc

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Mistakes happen with bitcoin trading are with the profit margin. Expecting huge profit, the profit margin will be kept high. This affects the stable movement of buying and selling process which is not good for trading.

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Quote from: virasisog on January 23, 2017, 10:24:44 AM

Quote from: Zadicar on January 23, 2017, 10:06:43 AM

Quote from: virasisog on January 23, 2017, 09:23:42 AM

Simply and most of the mistakes was panic selling and panic buying when i saw some big dumps in a price or big pump in a price i will buy or sell which is too wrong as i realize .Listening also to the Chatbox/Troll Box to buy that coin or to sell now is a bad thing to do .Make your own decision when to buy or sell is a better move.

Listening on Chatbox/Troll box is really a big NO since i do listen to those guys in the past when i was a newbie but later on i realized that they are just saying fud into their own coin and saying false news on dumps and pumps thats why i dont visit too much or read on those trollboxes anymore.

Yes ,not a NO at all times because if you Reverse what they want to happen just think of it and as you said what they are trying to troll is the cryptocurrencies that they want to have a good profit .But reading on trollbox have a good advantage if you get my point there .just observe and move silently like the PRO traders who keep on hiding all the way.

If you would invert their announcement you will surely get idea and would do the opposite way and with that you could possible make profits on that if you are clever enough.Yes,i do got your point and im thinking that thing but i dont really interested since most of the time words on the troll box you wont really know if its true or not but most of the time they are just fuds.

Vorth

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Quote from: virasisog on January 23, 2017, 09:23:42 AM

Simply and most of the mistakes was panic selling and panic buying when i saw some big dumps in a price or big pump in a price i will buy or sell which is too wrong as i realize .Listening also to the Chatbox/Troll Box to buy that coin or to sell now is a bad thing to do .Make your own decision when to buy or sell is a better move.

Everyone was into panic selling when the bitcoin reaches $1100 that causes the crashed of it into low value which makes traders in wrong move I guess.
So my mistake on trading was selling my coins in too much low price before which is so bad because I just need to fill something but when I saw the price of bitcoin was increasing fast, my big regret in my part.
So in making decision, think much for that, do not rush it.

Rahar02

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Quote from: xuan87 on October 04, 2016, 07:41:26 PM

the worst mistake in trading is panic buy or panic sale, when you already panic you wont be able to think clearly and without you realize you are going to lose a lot of money, the second mistake is impatience, in trading some of the coins you bought cant directly up, sometimes people are impatience and sell all the coins eventhough the price is low because they dont want to wait anymore

What I had learned was the most important in trading that could lead to profits or loss is "the right time to".
For example, my previous coins which I've should earned big profits but I was too late to sold it.
So, every traders need to observe the market price every time, at least every hour or 30 min.
If you lose your chance than you have to be more patient to wait until until it goes up again which I find so hard to.

bravehearth0319

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Quote from: Wandering Soul~ on October 04, 2016, 12:26:28 PM

Your mistake/s in trading that leads to loss of money
I think it will be the best to share your story so that we can avoid your past mistakes.

Well, I never see in my entire life that in every mistake of individuals they didn't loss of money, though not all mistakes money is always connect into it. Now when it comes by doing trade in the exchange platform as much as possible for whatever mistake that we are going to make let us not repeat the wrong that we've done before like our emotions controls us which leads to loss of money instead we supposed to be the one who should control our emotions.

The Sceptical Chymist

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Following tips from people who don't know what they're talking about. I've made my own mistakes--and I'm not talking about in the bitcoin world, but the stock market--but taking tips is probably the worst thing. I lost money on what I thought was going to be a breakthrough pharmaceutical company, and it fizzled big time.

Buying any sort of shitcoin is a mistake, and it's always more of a gamble than you think. These markets are insane, the price swings, the uncertainty. I don't have the brass balls needed to make good trades.

davids

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Main Mistake i made in trading when i bought the coins at a higher price and selling it at the lower price, and when I sell the coin, the price is going up by slowly

anonbit992

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Quote from: crairezx20 on January 23, 2017, 11:19:08 AM

Quote from: Zadicar on January 23, 2017, 10:06:43 AM

Quote from: virasisog on January 23, 2017, 09:23:42 AM

Simply and most of the mistakes was panic selling and panic buying when i saw some big dumps in a price or big pump in a price i will buy or sell which is too wrong as i realize .Listening also to the Chatbox/Troll Box to buy that coin or to sell now is a bad thing to do .Make your own decision when to buy or sell is a better move.

Listening on Chatbox/Troll box is really a big NO since i do listen to those guys in the past when i was a newbie but later on i realized that they are just saying fud into their own coin and saying false news on dumps and pumps thats why i dont visit too much or read on those trollboxes anymore.

I experience that before when i was new in trading and trying to ask them if what are the best altcoin to choose they are just promoting what they are holding just to push the price to increase and i think much better to make your own decision and analyze since we have coinmarketcap is a good place where you can see the best altcoin in top 20 that you can start trading for long time than investing in new altcoins.

I have always lost more money trading and made money by investing and holding on to investments for years. I suggest newbies to invest in good crypto coins, I think the top 20 to 30 coins in coinmarketcap.com are pretty good to diversify and to stay invested in. And for God's sake, ignore any recommendations given in troll boxes. Always do your own research as it is your own hard earned money.

crairezx20

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Quote from: Zadicar on January 23, 2017, 10:06:43 AM

Quote from: virasisog on January 23, 2017, 09:23:42 AM

Simply and most of the mistakes was panic selling and panic buying when i saw some big dumps in a price or big pump in a price i will buy or sell which is too wrong as i realize .Listening also to the Chatbox/Troll Box to buy that coin or to sell now is a bad thing to do .Make your own decision when to buy or sell is a better move.

Listening on Chatbox/Troll box is really a big NO since i do listen to those guys in the past when i was a newbie but later on i realized that they are just saying fud into their own coin and saying false news on dumps and pumps thats why i dont visit too much or read on those trollboxes anymore.

I experience that before when i was new in trading and trying to ask them if what are the best altcoin to choose they are just promoting what they are holding just to push the price to increase and i think much better to make your own decision and analyze since we have coinmarketcap is a good place where you can see the best altcoin in top 20 that you can start trading for long time than investing in new altcoins.

Superzpay

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Quote from: Zadicar on January 23, 2017, 10:06:43 AM

Quote from: virasisog on January 23, 2017, 09:23:42 AM

Simply and most of the mistakes was panic selling and panic buying when i saw some big dumps in a price or big pump in a price i will buy or sell which is too wrong as i realize .Listening also to the Chatbox/Troll Box to buy that coin or to sell now is a bad thing to do .Make your own decision when to buy or sell is a better move.

Listening on Chatbox/Troll box is really a big NO since i do listen to those guys in the past when i was a newbie but later on i realized that they are just saying fud into their own coin and saying false news on dumps and pumps thats why i dont visit too much or read on those trollboxes anymore.

I was also relying on these chatbox on yobit when I started to trade but at that time I also used to use my own mind so I was doing according to the pricing. Often the chatters suggest for those coins which have bot started to pump so I often do short term trade in those coins. But now I know that these people only want others to invest to recover their profit.

RealBitcoin

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Quote from: Wandering Soul~ on October 04, 2016, 12:26:28 PM

Your mistake/s in trading that leads to loss of money
I think it will be the best to share your story so that we can avoid your past mistakes.

The biggest mistake you can do is to open an account. Trading is essentially gambling. You cant make money in a zero sum market. It's efficient market hypothesis.

The same amount of money goes in as out. Few lucky gamblers win, while the rest of them lose money.

Boy if brokers and exchanges would actually publish their clients win/loss ration, I guarantee you 90% of the suckers would lose money, and only 10% would win money. And its all random. It's just a casino.

But the real profit goes to the exchange, because they take a % off from every trade you make. The house always win

virasisog

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Quote from: Zadicar on January 23, 2017, 10:06:43 AM

Quote from: virasisog on January 23, 2017, 09:23:42 AM

Simply and most of the mistakes was panic selling and panic buying when i saw some big dumps in a price or big pump in a price i will buy or sell which is too wrong as i realize .Listening also to the Chatbox/Troll Box to buy that coin or to sell now is a bad thing to do .Make your own decision when to buy or sell is a better move.

Listening on Chatbox/Troll box is really a big NO since i do listen to those guys in the past when i was a newbie but later on i realized that they are just saying fud into their own coin and saying false news on dumps and pumps thats why i dont visit too much or read on those trollboxes anymore.

Yes ,not a NO at all times because if you Reverse what they want to happen just think of it and as you said what they are trying to troll is the cryptocurrencies that they want to have a good profit .But reading on trollbox have a good advantage if you get my point there .just observe and move silently like the PRO traders who keep on hiding all the way.

Zadicar

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Quote from: virasisog on January 23, 2017, 09:23:42 AM

Simply and most of the mistakes was panic selling and panic buying when i saw some big dumps in a price or big pump in a price i will buy or sell which is too wrong as i realize .Listening also to the Chatbox/Troll Box to buy that coin or to sell now is a bad thing to do .Make your own decision when to buy or sell is a better move.

Listening on Chatbox/Troll box is really a big NO since i do listen to those guys in the past when i was a newbie but later on i realized that they are just saying fud into their own coin and saying false news on dumps and pumps thats why i dont visit too much or read on those trollboxes anymore.

virasisog

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Simply and most of the mistakes was panic selling and panic buying when i saw some big dumps in a price or big pump in a price i will buy or sell which is too wrong as i realize .Listening also to the Chatbox/Troll Box to buy that coin or to sell now is a bad thing to do .Make your own decision when to buy or sell is a better move.

TastyChillySauce00

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Quote from: BTCdoaA on January 23, 2017, 03:56:07 AM

Quote from: kidoseagle0312 on January 22, 2017, 10:52:12 PM

Quote from: Wandering Soul~ on October 04, 2016, 12:26:28 PM

Your mistake/s in trading that leads to loss of money
I think it will be the best to share your story so that we can avoid your past mistakes.

In trading, you will never loss money on exchange platform if you/we are doing the right things in trading. How? Very simple, example:
you buy ETH at price 0.01BTC you must sell it more than the price you invest it, just be patient on waiting. If in case, the value price will down to 0.005BTC all you need to do is you must still hold your eth instead of selling it, buy more eth at that price if you have enough bitcoin in your balance. In that case, you will never loss money.

You came with the main milestone key point lead to success in trading - Patience and Self-restraint - even if waiting for months time will come with high stock and prices will definitely increase . just invest in good coins and stay away from shit coins
Good luck everyone and safe trading .

Patience doesn't mean waiting for a long time. Patience is waiting for the right time to sell or buy, as you can see that the altcoin markets are having short-term activities such as dumping and pumping which may occur withing few days, therefore you don't need to wait until few months unless it's really necessary, and one important thing is that even if you're waiting for a long time it doesn't mean that the price will always increase, the price might decrease drastically while you're waiting.

jovs

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Quote from: kidoseagle0312 on January 22, 2017, 10:52:12 PM

Quote from: Wandering Soul~ on October 04, 2016, 12:26:28 PM

Your mistake/s in trading that leads to loss of money
I think it will be the best to share your story so that we can avoid your past mistakes.

In trading, you will never loss money on exchange platform if you/we are doing the right things in trading. How? Very simple, example:
you buy ETH at price 0.01BTC you must sell it more than the price you invest it, just be patient on waiting. If in case, the value price will down to 0.005BTC all you need to do is you must still hold your eth instead of selling it, buy more eth at that price if you have enough bitcoin in your balance. In that case, you will never loss money.

Investing in crypto coin is really worth it if you believe on that certain coin that it will give you profit. Most of traders who lose their money is whom doesn't trust their investment coin. The best example for it is bitcoin. Most of Chines people do panic selling, this result negative impact to bitcoin, because of that other holders sold it because they think bitcoin will crash continuously. However, things that the expected was false, it is now rising gradually. Hence, don't mistrust the coin you hold just because it goes down. That us the currency, it goes up and down.

BTCdoaA

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Quote from: kidoseagle0312 on January 22, 2017, 10:52:12 PM

Quote from: Wandering Soul~ on October 04, 2016, 12:26:28 PM

Your mistake/s in trading that leads to loss of money
I think it will be the best to share your story so that we can avoid your past mistakes.

In trading, you will never loss money on exchange platform if you/we are doing the right things in trading. How? Very simple, example:
you buy ETH at price 0.01BTC you must sell it more than the price you invest it, just be patient on waiting. If in case, the value price will down to 0.005BTC all you need to do is you must still hold your eth instead of selling it, buy more eth at that price if you have enough bitcoin in your balance. In that case, you will never loss money.

You came with the main milestone key point lead to success in trading - Patience and Self-restraint - even if waiting for months time will come with high stock and prices will definitely increase . just invest in good coins and stay away from shit coins
Good luck everyone and safe trading .

target

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Quote from: pedrog on October 04, 2016, 12:34:49 PM

I've lost a good sum with panic selling and panic buying, really newbie mistakes, and looking back I actually did good choices when selling...

I've also lost by not doing proper research before invest, although very small sum.

Same thing happen to me, i bought about 70+ ETH when it was yet 0.009 btc I was thinking it will be going back to 0.01 before the week ends but it soon go down to 0.008. I check its thread and someone fud around, I panic and sold it. Later did I know its price goes back to 0.011. I was affected by how fast it plummet down to 0.008. I realize it too late that the reason why I invested to it is because I know its always going to rise again due to the new tokens of ETH.

pixie85

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Quote from: Khepri on January 22, 2017, 10:56:29 PM

My biggest mistake would be not investing enough in winners in some cases. Many opportunities in the past to really capitalize on gains but fall short or real profit because of a lack of commitments. It's a trend you see on the markets all the time and usually leads to sudden large volume trading and the eventual crash when that cold lick of uncertainty starts to creep back into the collective mind.

Opportunities that pass by don't equal loss of money. It's like walking past somebody without talking and this person could later become your friend and even save your life. You never know, so you shouldn't worry about the things you have no control over.

Topic: Mistakes in trading that lead to loss of money - page 18. (Read 16945 times)