Quit cryptocurrency trading its not for you! - page 10.

Vanshenz

full member

Activity: 462

Merit: 101

Quote from: deonyx on June 03, 2018, 03:20:36 PM

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

many beginners trade while they don't know the science of commerce completely, they just think that TRADE CAN PRODUCE PROFITS, even though trading is not that easy. we need a lot of knowledge about trading and have strong predictions to avoid losses.
our success in trading depends on the knowledge and patience that we have, if we always get losses from trading then it would be better if we stopped for a while to find more science, and start trading again after everything was ready.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: katak mercat on September 01, 2018, 07:20:56 AM

Quote from: deonyx on June 03, 2018, 03:20:36 PM

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

so what do you think should be done when you look at the red market, keep holding, switcing or what?
I personally do not blame the beginners, everyone does not want to lose

Of course keep holding it, that's the best way to avoid loss and it will benefit you in the future, be patient because that patience will bring you for discipline in holding. don't blame anyone, price changes like dumping are normal in bitcoin. so don't panic, keep holding and patient..

thunderbitz2717

sr. member

Activity: 594

Merit: 250

There's a book that I read where it says " Many are called but few are chosen " same goes with here in crypto currency trading. Every community are free to do trading but not all are destined to become a good traders. That's why many of the investors get in into trading industry without any knowledge where in the end they've always loss of money and that is because of their greediness, I think.

GymClassHeroes

jr. member

Activity: 92

Merit: 1

One of the hard truth most persons fail to realize is that it is not a guarantee that everyone who is invested in cryptocurrencies will make a profit, particularly when it comes to trading, you gains are actually someone else's loss, that is why it is important you are knowledgeable enough before you start

ooeygooeygold

full member

Activity: 465

Merit: 100

Quote from: pant-79 on September 01, 2018, 05:30:15 PM

It is thanks to these people, who without knowledge and understanding begin to trade, other traders have the opportunity to earn. Thanks to these people, the market is so volatile. Thanks to these people there are dump, for a profitable purchase, and pamp, for a bargain.
So these people I say for you THANKS!

Right. Many investors have no knowledge but still invest a lot and fail, that is because investors themselves too greedy. I think that if you want to succeed then the knowledge is very important and investors need to be very clear before deciding to pursue long in this market.

Cactushrt

sr. member

Activity: 952

Merit: 250

Quote from: malah on September 01, 2018, 11:38:07 AM

I am sure who suffered losses from this cryptocurrency because they cannot control the patience they have and they cannot take advantage of the existing cryptocurrency price movements and are too afraid of the risks involved.

Well its normal traders are also human they have emotions even those trading for a long time have no patience instead they will just sell.

bentong talong

full member

Activity: 383

Merit: 100

🚀🚀 ATHERO.IO 🚀🚀

Quote from: Dreamace7 on September 01, 2018, 11:03:51 AM

Always concentrate on the risk when entering any financial venture.
People are willing to sell you the possibility and potential. But not the risks and hazards.
Always be ready for the losses. And ways to avoid them.

Trading is for everyone, you just need to be wiser when it comes to holding and selling. You should be knowledgeable before takin an action; also be patient.

Nhebu

member

Activity: 616

Merit: 10

Quote from: deonyx on June 03, 2018, 03:20:36 PM

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

Trading is for all. Do not underestimate everyone's ability because they can do something that you can't. Trading can learn by individual specially those who have determination to learn. Studying the market by observation will help us to become aware in trading plus the failed experience we have got for the time that we started. Just do not lose hope and always be learned.

pant-79

hero member

Activity: 994

Merit: 502

It is thanks to these people, who without knowledge and understanding begin to trade, other traders have the opportunity to earn. Thanks to these people, the market is so volatile. Thanks to these people there are dump, for a profitable purchase, and pamp, for a bargain.
So these people I say for you THANKS!

Biscutard

full member

Activity: 759

Merit: 105

Quote from: katak mercat on September 01, 2018, 07:20:56 AM

Quote from: deonyx on June 03, 2018, 03:20:36 PM

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

so what do you think should be done when you look at the red market, keep holding, switcing or what?
I personally do not blame the beginners, everyone does not want to lose

Hold it if you feel that the token has a potential to grow more than what you have expected, but sell it already when it is starting to drop gradually and don't just wait until you lose more than you want. Just sell it already if your portfolio already gain some profit then start to buyback after you gain your ROI.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: RiskySanchez on September 01, 2018, 01:07:40 PM

Quote from: malah on September 01, 2018, 11:38:07 AM

I am sure who suffered losses from this cryptocurrency because they cannot control the patience they have and they cannot take advantage of the existing cryptocurrency price movements and are too afraid of the risks involved.

why always suffer? in my opinion this is a good experience because every failure is the key to success. the risk will always be in any business that depends on how we react without the need to complain. Crypocurrency will always a live as long we still believe it with this world, price of all coin will always change but we never change to get more hope

Failure would really be a stepping stone for you to learn and would lead you to success but it wont really be already fine if you do make such mistake all over again and again.You would definitely keep on stressing yourself out and would suffer.Learn from it or else you would still repeat the same thing all over again.

Quote from: malah on September 01, 2018, 11:38:07 AM

I am sure who suffered losses from this cryptocurrency because they cannot control the patience they have and they cannot take advantage of the existing cryptocurrency price movements and are too afraid of the risks involved.

Emotions is one of the most common factor that do affect traders or investors.Due to volatility it cant really be avoided for you not to react.

RiskySanchez

full member

Activity: 588

Merit: 100

Quote from: malah on September 01, 2018, 11:38:07 AM

I am sure who suffered losses from this cryptocurrency because they cannot control the patience they have and they cannot take advantage of the existing cryptocurrency price movements and are too afraid of the risks involved.

why always suffer? in my opinion this is a good experience because every failure is the key to success. the risk will always be in any business that depends on how we react without the need to complain. Crypocurrency will always a live as long we still believe it with this world, price of all coin will always change but we never change to get more hope

malah

full member

Activity: 504

Merit: 100

I am sure who suffered losses from this cryptocurrency because they cannot control the patience they have and they cannot take advantage of the existing cryptocurrency price movements and are too afraid of the risks involved.

prashanta

copper member

Activity: 728

Merit: 250

sure the basis cause of this fee crashes are frequently novices panicking to promote all their coins whilst there is an FUD in the marketplace that the whales manipulated and generally carried out by way of spoofing(faking) extent buying and selling transactions. most rookies does not take time to study cause they notion they are able to make masses of money right away but while some thing sudden occurs they right away pull out.

Dreamace7

jr. member

Activity: 126

Merit: 1

: ”Decentralized Digital Billboards”

Always concentrate on the risk when entering any financial venture.
People are willing to sell you the possibility and potential. But not the risks and hazards.
Always be ready for the losses. And ways to avoid them.

gilangIDR

legendary

Activity: 1526

Merit: 1001

Quote from: deonyx on June 03, 2018, 03:20:36 PM

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

Everyone will be able to know the advantages that they have and that includes the skills and knowledge that will be useful in doing something. Like trading that when there is someone who does not have the ability and the future to become a trader, the person should try to stop and change the flow of activities. Choose according to ability because it will be far more useful than when we force things we cannot do.

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: P60 on August 30, 2018, 10:20:00 AM

Nobody can tell what is meant for you and what is not. Do what do you think could give you profit or what is better to have a worthy investment which can lessen the loss.

It's your own destiny which you can entrust your Future inside this business, its hard to know what can tomorrow brings to your success but if you are willing to take the risk then you can have much better place inside this business, there's no easy way but there's always a way for someone who's willing.

katak mercat

newbie

Activity: 133

Merit: 0

Quote from: deonyx on June 03, 2018, 03:20:36 PM

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

so what do you think should be done when you look at the red market, keep holding, switcing or what?
I personally do not blame the beginners, everyone does not want to lose

Phan Trang

newbie

Activity: 30

Merit: 0

It is true that e-money investments bring you a lot of money. But not everyone is capable of doing that. Those who lack the knowledge of electronic money if hurry to invest money is dangerous. You need to know the market situation if you reduce the price you can stop investing in crypto.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

I believe that some people can earn a big profit in their first time of trading and then tell other people that they are making much money so it attracts people to join with the cryptocurrency. but unfortunately, some of the new people don't know how to trade to make the profit and they still trying without knows that this will makes them getting lost. but I am sure that there will be people that don't do this and they want to learn something new which is trading so they can be able to make a profit. maybe they can say that trading is not for them but after they learn more about trading and they are making money from trading, they will say like this, trading was not for me but I learned many things from trading so I can make a profit and now, I still doing trade to earn more profit.

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