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Topic: Mistakes in trading that lead to loss of money - page 23. (Read 16971 times)

hero member
Activity: 588
Merit: 500
   Trading is something that I read about, I actually still didn`t try to trade. I don`t have any knowledge about it, and from economy I know just simple things. This thread can be guide for us who don`t know nothing about trading.
   They say its best to learn from other people mistakes, this thread is exactly that. With this help we can avoid some mistakes and save our money, now when we know where to look, we can just be better in trading. Thanks a lot to everyone for this help.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.
I just got a little from a lot of my experience in trading some people are not be patiently about waiting for the price are get pumped and that's why that's the general reason a lot of the people are will get a lot of loss, this so simple but contain a lot of knives will be attacking for themselves.
Though I agree with you but still I have faced a lot of loss in my trading history due to being to stubborn and not selling the coins at the right time. I had time where the price was going down but I did not sell so that I can sell at a higher value. So better to sell the coins when its dropping since it might be the dump stage.

while trading you should plan ahead not when things happen.
this means that you should have this thing called stop loss in your mind that you sell when that limit is reached without any hesitation. i have also lost money because of being stubborn and not selling but now i sell no matter what happens next if my target is reached.

a small loss is a lot better than a big loss.
hero member
Activity: 2128
Merit: 520
Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.
I just got a little from a lot of my experience in trading some people are not be patiently about waiting for the price are get pumped and that's why that's the general reason a lot of the people are will get a lot of loss, this so simple but contain a lot of knives will be attacking for themselves.
Though I agree with you but still I have faced a lot of loss in my trading history due to being to stubborn and not selling the coins at the right time. I had time where the price was going down but I did not sell so that I can sell at a higher value. So better to sell the coins when its dropping since it might be the dump stage.
no don't follow the flow if you are investing with known alt we are inside crypto so we better to keep our coins if we seen that we are losing the value then park it and wait for the coin to explode back.
hero member
Activity: 1148
Merit: 528
Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.
I just got a little from a lot of my experience in trading some people are not be patiently about waiting for the price are get pumped and that's why that's the general reason a lot of the people are will get a lot of loss, this so simple but contain a lot of knives will be attacking for themselves.
Though I agree with you but still I have faced a lot of loss in my trading history due to being to stubborn and not selling the coins at the right time. I had time where the price was going down but I did not sell so that I can sell at a higher value. So better to sell the coins when its dropping since it might be the dump stage.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
If you buy all in and then the price keeps dropping, you will lose a lot of money. I buy in stages so I'm not all in at one time. Same idea for selling because if the price keeps rising, you want to be able to keep selling.

Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.
Are can't for mixing your doubled post into the one kind of post, this seems like just a spam. and will be the good essay for me.
legendary
Activity: 3080
Merit: 1353
Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.

its true and we should controlling our emotion when we see that there is panic buy and sell in market. but for personally i have this experience and this just make me loss much because in that time, there is dump for the price, and i am forgot to analyze the market. i sell it for low price but after 30 minutes, the price is back normal. its really sad but i consider to make it as a lesson for me.
Thats a problem if emotions got in first panic will happen especially when whales got move in for sure its really hard to analyze what will happen next.
hero member
Activity: 1372
Merit: 503
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.
Nope im not sure that you really loss of shit load of money because of mess buying coins in trading or exchange website you can just simple hold that coin and wait till the price quitely increase in the future or in few months you will be good as that and you can really minimize your loss in trading if you gone really mistake you can sell your coins into much cheaper price.
legendary
Activity: 1554
Merit: 1054
a few months ago when I was totally new in trade I went to yobit and searched for buying an altcoin I saw a coin which price was 1 satoshi and I bought that and then put them on sale for 2 satoshi and not sold then i put them on 1 satoshi and but even after a few months no one is there to buy it.
Coins being traded to 1 sat can never achieve a higher value really, always invest in coins that have at least 100-200 satoshi value so there is room for the price to drop and rise back again, 1 sat means the coins are basically being dumped. I also have given loss in alt coins trading but now I have some nice profits going on these days.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.

its true and we should controlling our emotion when we see that there is panic buy and sell in market. but for personally i have this experience and this just make me loss much because in that time, there is dump for the price, and i am forgot to analyze the market. i sell it for low price but after 30 minutes, the price is back normal. its really sad but i consider to make it as a lesson for me.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.
I just got a little from a lot of my experience in trading some people are not be patiently about waiting for the price are get pumped and that's why that's the general reason a lot of the people are will get a lot of loss, this so simple but contain a lot of knives will be attacking for themselves.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
Another mistake is panic buying and panic selling. It's better to set up sell orders and buy orders based on a plan rather than just selling and buying on emotion.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
If you buy all in and then the price keeps dropping, you will lose a lot of money. I buy in stages so I'm not all in at one time. Same idea for selling because if the price keeps rising, you want to be able to keep selling.
sr. member
Activity: 322
Merit: 250
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 Following are the Main Mistakes Done By All Who are New in Trading:-
1) The Most Probable and Main Mistake That is Done By Most of People is Any Person Who is New to trading Start Doing Trading without Having the Knowledge of trading....
2) The Second Mistake is Always Some Users  Put Their All Money into One Altcoin and If the Altcoin Prices Got Down then they Lost Their Money.....
hero member
Activity: 1022
Merit: 521
a few months ago when I was totally new in trade I went to yobit and searched for buying an altcoin I saw a coin which price was 1 satoshi and I bought that and then put them on sale for 2 satoshi and not sold then i put them on 1 satoshi and but even after a few months no one is there to buy it.
newbie
Activity: 19
Merit: 0
sometimes i do some mistake in take fast decision about to hold the coin or i sell that coin   
full member
Activity: 196
Merit: 100
yes there is no doubt about this that i made so much mistake which really lead me to a big lost, but i think experience gain by mistake that really aware me to keep myself safe in future.
full member
Activity: 196
Merit: 100
yes there is no doubt about this that i made so much mistake which really lead me to a big lost, but i think experience gain by mistake that really aware me to keep myself safe in future.
full member
Activity: 196
Merit: 100
yes there is no doubt about this that i made so much mistake which really lead me to a big lost, but i think experience gain by mistake that really aware me to keep myself safe in future.
legendary
Activity: 1792
Merit: 1283
Biggest mistake was buying into Ethereum right before the DAO attack, after that I just sold everything.
Not going back to ETH now..
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
That's the thing, new traders jump in with after doing some guess work on one or two coins. When they run of luck, trading starts to look like gambling.

YYes, new trader just jumps in without doing prior research on the coin they are investing.  One of the strategies of some developer to caught investors unaware is by setting up their ICO in exchange,  Then buying their coin which makes people think that the coin is in demand so people will rush to buy them without researching the coin.  After some time the coin becomes worthless and, investors were left behind bag holding worthless coins.
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