Many people do not clearly define their purpose and form of investment Crypto. They may find that others are profitable from investing in Crypto, so invest in it. But they do not know that those who have had these profits have had to study and undergo a lot of fluctuations to be able to do so.
Topic: Quit cryptocurrency trading its not for you! - page 14. (Read 3893 times)
I think that this is for me because i like taking risks if knowing that this can bring me money, a lot of ! i like the main idea of crypto currency and think that this is the best way to earn a living now
If somebody thinks that trading is not for him, it does not mean that he should quit dealing with the cryptocurrencies. There are other ways to earn on the crypto: investing, Bounty, airdrops.
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.
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.
I have time trading, then now i know, crypto market not belong to me. I was fail, i lost 70% of my money when invest alt, btc. Now I trying earn back my money throw bounty
Everyone losses in this bear market, 60-70%. I myself did lost but I'm making some adjustment on my trade and try to recoup it. You might as well do shorting specially on altcoins and it seems working on my end. But if you are tired and doesn't know what to do then its better to get out and not get yourself lose more, just a piece of advise.
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.
And such people intensify any market trend in wrong direction because of panic and FOMO. They tend to follow others which results in wrong step taken at wrong time. This makes them rekt and then they start with threads complaining about BTC and calling it dead. People should understand that following anyone in trading has never been profitable. Always DO YOUR OWN RESEARCH. 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.
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.
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.
I have time trading, then now i know, crypto market not belong to me. I was fail, i lost 70% of my money when invest alt, btc. Now I trying earn back my money throw bounty
What's saddening is these people simply jump in blindly and the worse part is when they cut their losses by selling all what they have when see their investment go south.
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.
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.
I have time trading, then now i know, crypto market not belong to me. I was fail, i lost 70% of my money when invest alt, btc. Now I trying earn back my money throw bounty
Mainly, newbies are fund of this mistake and the always rush to buy when the market is rising. The rule of crypto is to buy low and sell high but most times, they do the opposite and this affects them so much. You must be prepared to learn the basics of cryptocurrency and if you do not feel like learning it, it means cryptos are not the way
There are several reasons why beginners pursue crytocurrency trading. Information that trades cryptocurrency is easy and profitable, is an attraction for beginners. They do not understand playing trading where their learning needs, it takes time, failure, even boredom when the expected benefits have not arrived. So when trading losses get bigger, temporarily leave everything unfinished. Then learn from the beginning, discipline, observe those who succeed takes a long time.
There are a lot of comments from the world's leading experts, but in my opinion, from my own experiences, my own empirical research are the main factors affecting the profitability of the assignments.
We have different shoes to fit in so if your friend had a good luck here then it doesn't mean that it will happen to you as well. Some are really blinded from having a huge return here and they can't actually manage their expectations throughout, and it's really sad tho. Though we say experience is the best teacher but if you're losing more than you profit then maybe you should take a break and realize your mistakes. If something is meant for you then it will be.
The fact is that many people fail because of the evaluation of their capabilities. Blame for all the poor information content of society. Every user who comes to the crypto-currency business is looking for big and easy money, but the reality turns out to be quite different.I think for most people is also the element of panic over the market crush and the misconception that if it's written must therefore be true. There are a lot of false news and people just can't make that distinction.
In cryptocurrency trading we need more better management of money and risk because volatility of crypto so high, and if we can manage the risk and do not greedy will make possible to earn huge profit. Personally i did many mistake in crypto trading, but from this mistake i have more experienced and try to make better risk management. Patient also should be in crypto trading, and if not patient is better left from trading activity.
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.
This's one of the effects, if they don't think carefully in conducting cryptocurrency trading, are vulnerable to panic, don't understand how cryptocurrencies work, lazy to ask, even when they sell they never think, that the impact will cause people others suffer losses.
I won't really say that, I believe crypto is a global currency that would definitely be accepted as a legal tender some time to come. So if trading is not for such, when crypto starts ruling the world of currency what do you expect such to do. I believe the better way to this is, if you want to trade, it is not difficult, go for the learning and technical know how, to avoid stupid losses.
I agree.Since trading can be learned in numerous ways,then find times to make it happen.Because if you really want to succeed in such thing,you will not just quit from it easily.Otherwise,you will exert more efforts to make it work for you so as to avoid huge losses the next time you trade.
I won't really say that, I believe crypto is a global currency that would definitely be accepted as a legal tender some time to come. So if trading is not for such, when crypto starts ruling the world of currency what do you expect such to do. I believe the better way to this is, if you want to trade, it is not difficult, go for the learning and technical know how, to avoid stupid losses.
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.
You can't actually dictate people to quit crypto trading at any point of time because even them can't really decide exactly to quit or continue trading in a losing manner. Despite all of that, they keep on doing it because there are really people who have strong belief that they will have a better trading time struck with luck in the coming days.
You're totally correct because cryptocurrency trading and gambling have almost the same fever. However, very successful trade need to accept debt and every day is not Christmas you know.crypto trading is for the not for everyone
one should start by using small capital first to test their skill and knowledge or trading strategy.
Its a game about being patient and hit the right spot on right time and only then can you really make profits
That's right, trading isn't just easy as people think about it. It needs more time to learn and acquire more knowledge about it before taking a steps into this field. You might get loss if you don't have this tools, it also needs to control our emotions since mostly people get lost just because it these. one should start by using small capital first to test their skill and knowledge or trading strategy.
Its a game about being patient and hit the right spot on right time and only then can you really make profits
Many people wants to make money out of crypto trading but constantly loosing and still insist to do trading. Maybe it is better for them to quit trading already, there are more ways to earn out of cryptocurrency after all.
Well, there are some different opinions about this thing. There are some people who don’t want to go in trading just because they don’t have interest in it but for some odd reasons, they only want to earn money. This objective let them take this initiative but they don’t learn about it. So you are talking about such people here. Else traders are mostly winning the cases.Actually agree with you in many respects, but do not put a cross on the trade just because the person came here not with the topic of expectations. Just need a couple of times to lose some money, then not to repeat your mistakes.
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