Topic: Mistakes in trading that lead to loss of money - page 19. (Read 16971 times)
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.
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.
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.
Same here that i experience mistakes in trading that leads to lose my earnings..
but i am happy with the result because of my mistakes because those mistakes can gives you experience and to learn more about trading..
You will never be professional in this stage if you didn't experience to lose or experience any mistakes..
but i am happy with the result because of my mistakes because those mistakes can gives you experience and to learn more about trading..
You will never be professional in this stage if you didn't experience to lose or experience any mistakes..
In trade in the beginning one of my mistake was to keep an eye on exchange rates and whenever a coin started to pump by bots I started to invest in that coins. I at that time was not have knowledge that in that time I have to do short term trade but instead I bought the coins and hold them for longer. With that I lost a good amount of bitcoin.
In everything that was said here by traders I think the biggest mistake that you can do in trading is if you don't learn from your mistakes, when at first you knew it was not right but then you are doomed to make them again and again. Anyway, we are not perfect. I suggest to usually after year end to review your trades and look at what went right and failed.
At first, i bought altcoins which were in high price expecting price to rise more, but sold in panic when the price started to fall.Thus lost lots of my investment. Always buy when price is getting reduced and sell when price is increasing.Dont be much greed and set goals of getting 5 %, 10 % or 15% profit. Better invest in altcoins which is in the market for atleast 2 years. If you have to invest in a newly released coin, read its ANN thread thoroughly and do clear research about it.
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.
My biggest mistake in trading is I did it such as gambling. I do not now anything about what is influence the price of bitcoin. So I just think that I can get profit then I just lost some of my coin. I think it will be the best to share your story so that we can avoid your past mistakes.
One of the mistakes also is overtrading because it turns to the point where profits turn into significant losses for example you just trade and trade without learning what you are trading of.
- My big mistake was too greedy and impatient, I could not control the greed
- Profit and greed made me lose a lot of money
- I think a lot of people like me, can not control the greed and impatience in trading
- Profit and greed made me lose a lot of money
- I think a lot of people like me, can not control the greed and impatience in trading
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.
My biggest mistake in trading is I did it such as gambling. I do not now anything about what is influence the price of bitcoin. So I just think that I can get profit then I just lost some of my coin. I think it will be the best to share your story so that we can avoid your past mistakes.
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.
I think it will be the best to share your story so that we can avoid your past mistakes.
i make mistake in quickly selling altcoin because in just less than 5 minutes, the price is going to the moon and if i am not selling my altcoin stock, i can reach 300% profit for just one night but i never regret it and i think my profit is just on the low rate. for tomorrow, i hope i can be patient for a while and not panic to selling my altcoin.
where in the same page experience pal, I also encountered that also, I became impatient to wait to make the price high and I didn't expect that in an hour only it increase 500% and that was my regrettable and very pity experienced.
If you are up a lot, then cash out.
The worst mistake you can make especially with altcoin trading is to baghold a coin for years on end, in my opinion. That is ridiculously dumb because altcoins all die out, new altcoins come out every day that have better specs then before. None of them however have an established reputation as a functioning cryptocurrency, something that in my opinion only bitcoin has.
to me the worst mistake in trading can be that if you invest your bitcoin in such coin about which you have no knowledge at all. because investing in altcoin without a sound knowledge is nothing but wasting your money and time. The worst mistake you can make especially with altcoin trading is to baghold a coin for years on end, in my opinion. That is ridiculously dumb because altcoins all die out, new altcoins come out every day that have better specs then before. None of them however have an established reputation as a functioning cryptocurrency, something that in my opinion only bitcoin has.
Yeah, that's what I said above as well.
I simply do not believe in investing in anything that has no future, or if you're simply in it to ride the pump when the other players in the market buy in becasue it is difficult to judge when to cash out and take your earnings.
Trading premined coins never ends well. Trading altcoins that don't have a verified developer bdoesn't end well either.
If you are up a lot, then cash out.
The worst mistake you can make especially with altcoin trading is to baghold a coin for years on end, in my opinion. That is ridiculously dumb because altcoins all die out, new altcoins come out every day that have better specs then before. None of them however have an established reputation as a functioning cryptocurrency, something that in my opinion only bitcoin has.
to me the worst mistake in trading can be that if you invest your bitcoin in such coin about which you have no knowledge at all. because investing in altcoin without a sound knowledge is nothing but wasting your money and time. The worst mistake you can make especially with altcoin trading is to baghold a coin for years on end, in my opinion. That is ridiculously dumb because altcoins all die out, new altcoins come out every day that have better specs then before. None of them however have an established reputation as a functioning cryptocurrency, something that in my opinion only bitcoin has.
If you are up a lot, then cash out.
The worst mistake you can make especially with altcoin trading is to baghold a coin for years on end, in my opinion. That is ridiculously dumb because altcoins all die out, new altcoins come out every day that have better specs then before. None of them however have an established reputation as a functioning cryptocurrency, something that in my opinion only bitcoin has.
to me the worst mistake in trading can be that if you invest your bitcoin in such coin about which you have no knowledge at all. because investing in altcoin without a sound knowledge is nothing but wasting your money and time. The worst mistake you can make especially with altcoin trading is to baghold a coin for years on end, in my opinion. That is ridiculously dumb because altcoins all die out, new altcoins come out every day that have better specs then before. None of them however have an established reputation as a functioning cryptocurrency, something that in my opinion only bitcoin has.
But this will not work out for all the times, I agree. (please make investments at your own analysis. I am not suggesting to do anything, just sharing my experience).
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.
I think it will be the best to share your story so that we can avoid your past mistakes.
Okay let me tell you my bad experience in the past. Some months ago i am trading and have opportunity to get a profit with few coin in exchanger. After that i see that ethereum is huge balance it means many people invest their money into it, i bought eth with almost all of my btc and wait the price goes up but suddenly 3 or 4 days after that the price goes down deeply more than 50 % . I shocked and i keep believe that the price is growing up again soon. This is my fault. The correct actions I should sell my balance as soon as possible while saw the price down. It is called cutloss in trading.
It doesn't work with altcoins apart from those that have been around for quite some time. If an altcoin is being dumped, it usually ends up at 1 satoshi with no chance of revival. Some don't even survive their ICO and get dumped right at the start. You can see many of such failed shitcoins at altcoin exchanges until they eventually get abandoned, delisted, and soon completely forgotten.
When I was new, I started trading with altcoins and I do not make enough research as I only follow the rules which is to buy low and sell high. Now, I realize that this crypto trading requires me to be updated of the news of a specific asset I am trading, truly you will mature eventually.
Sometimes a new update from developer of the following altcoins really matter to what happen to the price in the future so that's why keeping you updated into the latest news would be an additional point to make your trading success but without it you can still make a profit by being aware with the circumstances and got some ton of luckyness
When I was new, I started trading with altcoins and I do not make enough research as I only follow the rules which is to buy low and sell high. Now, I realize that this crypto trading requires me to be updated of the news of a specific asset I am trading, truly you will mature eventually.
Sometimes a new update from developer of the following altcoins really matter to what happen to the price in the future so that's why keeping you updated into the latest news would be an additional point to make your trading success but without it you can still make a profit by being aware with the circumstances and got some ton of luckyness 
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.
I think it will be the best to share your story so that we can avoid your past mistakes.
Okay let me tell you my bad experience in the past. Some months ago i am trading and have opportunity to get a profit with few coin in exchanger. After that i see that ethereum is huge balance it means many people invest their money into it, i bought eth with almost all of my btc and wait the price goes up but suddenly 3 or 4 days after that the price goes down deeply more than 50 % . I shocked and i keep believe that the price is growing up again soon. This is my fault. The correct actions I should sell my balance as soon as possible while saw the price down. It is called cutloss in trading.
My main problem so far was greed . In some cases ( like NAUT ) i trippled my money and yet didn't sell untill small profit . So far i'm doing great , have trippled my bankroll in some months . If i can solve the greed problem though my graph will skyrocket .
This was me a while ago and I ended up making less than I should have made if I had bought whilst waiting for the price to depreciate more.
When I was new, I started trading with altcoins and I do not make enough research as I only follow the rules which is to buy low and sell high. Now, I realize that this crypto trading requires me to be updated of the news of a specific asset I am trading, truly you will mature eventually.
Too much patience can ruin our timing and the possible profit. I have lost some profit because of not selling at the right time. You can call that being greedy because of assuming that if I hold longer it will increase in price, I am talking about altcoin trading. So I guess the best thing is to sell when profit is seen.
Yeah, I think everyone have had the moment before where you go just let it crash a few sats more and then I'll buy in this altcoin as it bottoms, but then it absolutely goes nuts before you have the chance to buy.
You are left there, dumfounded, as you watch the markets take off without you.
It's all about timing, trading.
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