Topic: Quit cryptocurrency trading its not for you! - page 21. (Read 3893 times)
Yes crypto trading is not easy, so very important to have skill and knowledge how to manage the risk. Before use real money in trading for the better learn it in demo account. But though crypto trading is high risk investment, but i think everybody should be try to learn it because crypto market offer huge return that can change our life and possible to get financial freedom from it.
It's absolutely crazy, every ICO channel is full with when when when questions, only those will have big gains actually who realizes that new projects take years to mature.
To some people crypto is a get-rich-quick scheme. Specially after the 20k USD mark being touched last year people have flocked into ICOs and crypto only for the huge returns and complain if some project is a bit slow to grow and act lik self-righteous pests. Its best to ignore such people because will only make life miserable for others with the FUD and propaganda speech.all new people will never understand how the real reality if the information they get directly from people who can be practiced expertly in trading or investing in crypto and if you know everything needs a process to produce the best.
The problem is that new people would not read the project whitepaper or do some research but with start with the question "is this a scam?"
why should we stop trading activity, I think everyone who started trading activity comes from beginners do not even know about trading activity. and I think a failure in that trade would be a very valuable experience, so I think the key to a trader never gives up anything that happens.
There are a lot of newbies now trying to join trading only for quick buck purposes, and then they just end up losing all their money because of that, that is the reason of why we are seeing so many people crying in here
It's absolutely crazy, every ICO channel is full with when when when questions, only those will have big gains actually who realizes that new projects take years to mature.
all new people will never understand how the real reality if the information they get directly from people who can be practiced expertly in trading or investing in crypto and if you know everything needs a process to produce the best. 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.
One advise on trading don't put too much money on your wallet that you cannot afford to lose trading means risking all option there is. Those who persevere such work can only profit in trading however trading without knowledge can put your money at danger so you must first study the safety precautions just like the first thing I've said so you won't lose that much after losing in a trade. 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 in crypto is not so easy.. you can lose assets in trading.. you need to study that coin market first to do trading..
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.
It cant even make a 1 is to 10 ratio of traders to failures because this is nor for everyone nor for much many here,trading is not like a gambling that you rely on luck instead this defies knowledge,skills and brightness before becomes successful on being traders,I suggest to those who has none of this character better get out of this field before become a loser. 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 just like a gamble in casino if you are not smart for that you will rather to lose just be learn everything you can in trading and trade in your risk.
If you trade without any knowledge then it will be just checking your luck but if you got a knowledge about the coin and you know that in future it will give you a good profit and invest it is not gambling but a risky investment. So one shouldn't invest just based on someone else recommendation but they need to know about the project. Many times whoever is giving out tips might have bought these coins at a lower price and they want to sell at higher prices so they may ask their followers to buy those coins. You will end up buying at a higher price and they will make money.
They will disagree with you for telling the truth. A lot of newbie are in crypto because they think crypto is some kind of ponzi scheme which can make new entrants rich quick on the expense of late commers. NO. crypto requires knowledge as the stock market also requires expert.
Let them disagree, who is going to end up losing out hugely at the end ?People will never learn no matter how you tell them the truth and when you tell them how the idea of trading, investing or market is, they start sounding like mummy's boy as if you are making good bucks and you are trying to deny them of doing that as well.
Well, it is a free world, where everyone can do whatever they like and eventually, their own decision will make them understand who is right or who is not. Cryptocurrency trading is not that hard for all us. We can make big fortune if we do care at the right times. I never suggest anyone to quit it for any reasons.
We have only one option for such people and thats ignoring them. If we keep talking about such people who are responsible for the FUD creation and also who are engaged with repeated mistakes then how can it be beneficial for the crypto economy. They will always make this market worst by creating vine more volatility than the normal one. Thus it derives lot of pressure on the crypto community. Trading is greatly affected when it comes to investors like them. Even with bigger groups big pump and dump can happen and if that happens for the good coin then it wouldn't be worthy.
Well, its sad to know that newbies are losing money in this market because of their greed to make profit easily. This market is for everyone, if you know nothing about cryptocurrency better to start learning so you will not loss the money if you started to invest.
Newbies only add to the FUD community and the people who panic sell coins on red. They have to learn how to manage their money and retain steel nerves while market drops in order to make money in future. Today if the market price of a coin drops - it does not mean that its never going up in future, specially for bitcoin.
We have seen the rise and fall of bitcoin and if one is able to get into the cycle at the proper time they would be able make a lot of money in the process.
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.
Trading in general is not for everyone.
This is no different than the Nasdaq internet bubble of 2000 or the huge bull market of 2017 in the global stock markets.
There was a small percentages of retail traders that only made money. The rest most likely got greedy bought at the top and ended up making nothing or losing their entire life savings.
Trading Cryptos is no different. There are some that can make some profit off it, but for most it becomes a losing business due to fear and greed.
These days, even looking at the mentality some of the newbies have, they always want to make money quickly and believe that trading or investing in cryptocurrency is going to get them rich overnight and this makes them not to use their brain to know that there is so much to learn before even threading this path, but still a lot of people will just never learn or would prefer to learn the hard way.
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.
100% I use hold method is effective and safe investment method. I rarely put money to trading in the day or short-term trading. To be able to trade effectively, I need to take trading courses taught by famous tradersThe 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.
100% I use hold method is effective and safe investment method. I rarely put money to trading in the day or short-term trading. To be able to trade effectively, I need to take trading courses taught by famous tradersThe 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.
maybe it's not for you but trading it is my way, the way to be able to get success every human have each different way and every one can not be same if you get big losses from trading then you do not match in trading you must more learning.
I have said this several times that trading is not for everyone and for you to became a successful traders and investors you must developed your skills and knowledge including experience on how to analyze the assets, money management and execution of trade. However, the market still need the newbies in under to create liquidity.
Well, its sad to know that newbies are losing money in this market because of their greed to make profit easily. This market is for everyone, if you know nothing about cryptocurrency better to start learning so you will not loss the money if you started to invest.
Yeah sort of that’s true. Many times they go repeating this cycle even if they know that they had bad experience previously. I mean one should actually learn from the previous experience and see what they are upto. But the novice people are always making it harder on themselves and loose every time. Yes that’s the time when it really feels that crypto currency trading is not made for such people.
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.
100% I use hold method is effective and safe investment method. I rarely put money to trading in the day or short-term trading. To be able to trade effectively, I need to take trading courses taught by famous tradersThe 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.
Yes now most people just think when they get a chance to gain profits in the world of crypto, especially investing by buying some coin. They are only interested in the words of others and do not try to learn the various knowledge in the world of crypto. It should be when someone tries to invest in the world of crypto then they should be ready to learn everything related to the world of crypto. It starts with how to do a good analysis and then make quick and precise decisions. I learned about it and the fact that it took me a long time, but now it all pays off. I can understand the world of crypto and I use all my knowledge and experience to be able to make the best investment. 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.
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