Topic: Quit cryptocurrency trading its not for you! - page 12. (Read 3864 times)
It is quite unfortunate this was the same experience and school of thought I had, have seen a lot persons making fortunes from here that I decided to join in, but again, I ain't quiting, I am taking my time to learn all and quite happy with the knowledge and experience so far, I know it will all bounce back
It is the promise of the profit that keeps you going and making you do things.
if trading is not able to provide profits and cannot grow the assets you have, then you should be able to get out of trading cryptocurrency and do other jobs, but if you don't want to give up then you can learn the right way of trading so you can get very much profit .
Trading is for everyone is what we think, but it is just not true.
Trading is only for those people, who are ready to spend online many hours every day. For those ones that are not afraid to take risks and do not feel depressed if they lose. Traders are patient, strong and persistent guys.
People need to accept that there only few people who really gains from trading and the most number are who loses. That is the rule of the market here so if you know someone who gains a lot then it's clear that it came from people's loss that are mostly newbies.
This is always depend upon the situations because Crypto trading did not teach in the schools. It was learned here in the crypto atmosphere that even how hard you try but still you have no luck to earn that instead only lossing experiences then better to really quit this investments because maybe its not for you but if luckily if you will earn enough then its another story. Try and try until you succeed.
To make profit from crypto trading we need education from professional trader, this way will be make more faster to understanding how to make management of risk and money. I did learn trading by self and i dont know how to reduce the risk and how to secure the profit and finally i loss alot of money. Even i did know how to use stop limit function on the exchange because no one explain to me how does it work. So we need education first before put real money in to crypto trading.
More precisely, cryptocurrency is only for those who want to strive for its success, not the enthusiasts with instant results can make 100% to 500% in a short time. Remember, bitcoin is not a gambling medium.
Trading is for everybody who is willing to learn on mistakes , who is patient enough and able to control his/her emotions.
The most difficult for newbie traders is to accept loss as they want to make profit from each trade which is impossible.
It is not really for everyone as you require the presence of the mind.
You may find that to be successful in trading is very difficult, not you keep analyzing exactly how to earn money. You may find that trading psychology is a huge problem for you to succeed. The market is fluctuating continuously and is in the bearish trend in the long term so the bitcoin price may drop at any time. I think you should not continue trading but wait for the market to stabilize.
It is not really for everyone as you require the presence of the mind.
I totally agree with you on this. You have to use your minds to be on this all the time.
I don't think that it is good to judge about other people activities, that's not correct. Everyone should decide for him personally what he should do.
It is the newbies that are attracted to this and makes it difficult for everyone.
It is clearly not meant for everyone as there are many risks involved in this.
I think it is in general not meant for everybody and you must not risk money.
you can quit if you are afraid of taking the risks as trading then might not be meant for you.
Recently, I saw people complaining a lots and adding for favours. The new cryptocurrency traders sadly refused to learn, they just want quick buck. Some will beg telling you how they need to pay their rent etc.
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I think it's not just for you or not, but it's about how we can try the best that we can in trading. and by learning many lessons related to trading, I am sure that we can keep making a profit although it is a small amount. we cannot say that trading is not for us because we don't want to spend a time to learn more about trading so we always getting the loss. no one can master something without learning deeper in that field and without trying more and more, we cannot survive in any of jobs. so with learning and trying, we can say that trading is part of our life to make money and we can survive in the crypto trading.
I am sure that trading cryptocurrencies are a good and profitable thing, when the market is dropping like now, it is daring to make decisions and risks are things that will make us successful.
Well season like this is a good timing to start your trading career, bear market is an opportunity to buy potential coins, however before jumping in make sure to know the basic rule when you trade to avoid the common mistakes that beginner usually commit.Trading is for everyone is what we think, but it is just not true.
Trading is for people who can take the pressure and headaches when the market is not in favor to take profit. If you're the type of person who only care for money and has no patience then I think its better to not try it or else you'll only lose your money for panic selling like weak traders did. Jump to: