Author

Topic: Percentage of People that Make Money Trading Crypto? (Read 1448 times)

legendary
Activity: 1526
Merit: 1014
I lost, but fortunately it was too little, a few thousand Doge i had out there. I guess that's is beacause i not spend much time doing tests on exchanges. Fortunately it recovers soon.  Grin
sr. member
Activity: 448
Merit: 250
I'm on a positive streak so far, though that doesn't count all the time I've wasted on pointless endeavors.
full member
Activity: 474
Merit: 111
difficult to predict something that is essentially random, even if something became predictable about it, Eg Price rises at 7:32Am every morning, so many people would be buying in prior to that time the prediction would be destroyed.
newbie
Activity: 28
Merit: 0
Since every troll seems to claim they win big all the time, but we know the majority lose, I made a poll to ask everyone! Let's see what people think vs. what we know. Remember these are anonymous votes so no need to be biased.

I think most of them are lose. It's difficult to make money from trading crypto.
sr. member
Activity: 406
Merit: 250
Maybe 5%. The rest keep losing but they still come back and trade.
newbie
Activity: 14
Merit: 0
It's difficult to make money from trading if you are newbie about it.
newbie
Activity: 23
Merit: 0
If we are talking about the high-leverage futures (like OKCoin or 796 Exchange ) then I can guarantee you that a vast majority lose.

In fact, when you introduce leverage, traders turn into major gamblers. You can basically allow them to open whatever position they want and you can take the other side of the trade knowing safely that you can make money. That's how FOREX Bucketshops have operated for a long time.
newbie
Activity: 42
Merit: 0
I think 15% of people that make money from trading Crypto. A very modest numbers.
member
Activity: 94
Merit: 11
It's funny to see fake news in the cryptoworld, made by traders.
I don't remember exactly but last week I read a news saying that Rakuten starts accepting Bitcoin and Mazacoin Cheesy ...
hero member
Activity: 672
Merit: 500
I tried trading alts a while back. Had a capital of 0.1btc and bought a few coins I thought had potential. A week into the attempted trading, won some and lost some. Overall suffer a loss of 0.03btc. I got out without loosing it all.
sr. member
Activity: 350
Merit: 250
Always losing at the beginning, it's a jungle out there. I'm studying some finance book now to undestand, even if crypto is different. About the trolls...if there's no proof of huge gain, don't feed them.
copper member
Activity: 924
Merit: 1007
hee-ho.
funny, I never thought of myself as a good trader, but I actually got some nice profit (arbitraging) before I stopped trading.
it IS tiring though, having to keep track of a lot of coins in different sites. sometimes the site that I use as my reference is wrong, too.

I'm not going to go back though, because it's tiring and I'm afraid it's just a matter of time before I lose big.
newbie
Activity: 28
Merit: 0
I just started Bitcoin trading last week
And I seldom won, because trading is not that easy
We must know how to predict the market

Yes, I am too, I never won at the exchange. Maybe I will give up trading. I am difficult to me. LOL
hero member
Activity: 910
Merit: 1000
I don't trade much at all in total I would be at a loss. My first trades were the worst going in with all I had and waiting for a big shift. Now when I do trade it's smaller swings and playing either way. At the end of the day I like to be in bitcoin.
legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
I just started Bitcoin trading last week
And I seldom won, because trading is not that easy
We must know how to predict the market
sr. member
Activity: 350
Merit: 250
Since every troll seems to claim they win big all the time, but we know the majority lose, I made a poll to ask everyone! Let's see what people think vs. what we know. Remember these are anonymous votes so no need to be biased.
yes, trading altcoin can be speculating altcoin in short term! Most of ppl will lose! But there is another type of trade for the long term, which is to buy now and hold for the future! In crypto world, there are a lot of shitcoins! If you pick the wrong coins, you will lose all.
newbie
Activity: 52
Merit: 0
I think 30% of people making money to trading Crypto. And most of them is saving for the future

That's my own opinion. I am just guess it.
legendary
Activity: 3248
Merit: 1070
i'm on par to be honest, but i don't trade too much, last time was with doge, and at end i was above, but then i lost something with other currencies

i'm not that good at it, maybe because i'm not trading too much
sr. member
Activity: 466
Merit: 250
Twitter Follow for no BS crypto: @SecretsOfCrypto
Since every troll seems to claim they win big all the time, but we know the majority lose, I made a poll to ask everyone! Let's see what people think vs. what we know. Remember these are anonymous votes so no need to be biased.
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