Quit cryptocurrency trading its not for you! - page 6.

yvesp110

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Quote from: suzanne5223 on November 04, 2018, 11:42:02 AM

Quote from: heninur on November 03, 2018, 08:03:58 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.

true, many people complain about the loss they experience due to trade. in fact the losses they received were caused by their own carelessness, they too easily considered trading so that they quickly made decisions. even though trade also requires a lot of knowledge to make a profit.

Aside of having the require knowledge and skills of using the technical and fundamental analysis for making a success trading in crypto market, there are seasons which the advanced trading also make debt instead of profit but they choose not to complain and make the best out of it because every success market must debt

So for sure if you are going to do something it will need good experience and good knowledge if you will not be aware of all miner and important points related to crypto so you will not earn good income with it, cryptocurrency is for all, even those use to earn who never being to crypto in past,, we should try to enhance our knowledge because it will help us to have better earning.

kangbasir

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Quote from: calya on November 07, 2018, 09:01:33 AM

Quote from: Inikoo on November 07, 2018, 05:21:45 AM

Last year, it was actually pretty easy to make 100-500% profit within a very short period of time, the problem is, people thought it can last forever, but of course it can not. The bull market made many people think they know what they are doing.

unfortunately this year could not have same condition with last year.and now many people suffering loss because buying bitcoin on higest price.and unpredictable news come to market about crypto market banning from china

China has corrected this and again allowed crypto in their country. we have seen that Binance market received a special response as the biggest crypto market today.

Last year, the bull run trend took place and many people who have just joined see this as a routine throughout the year, actually not. Crypto currency is also the same as other stock assets and will always experience price corrections.

this year it has become a place to prove the quality of traders where there are several variations of short-term trading methods that they must do. to wait for bullrun to return, it's better to survive and continue to add to the experience.

fiomcorka

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Quote from: gorodi on November 06, 2018, 12:26:17 AM

Quote from: NorihiroName on November 03, 2018, 05:44:05 PM

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.

It is not complicated when you have some skills and experience. Naturally, it is a very difficult activity for the beginners. You will have many losses and fails but if you do not give up, you will succeed.

I believe this isn’t a problem. Every single newbie has got much hurdles and problems in the way. They don’t know the domain completely. They wouldn’t be learning much and hence the greed of money in their mind would cause them to jump into the field without proper training. So, learning is a key feature that must be adhered by all newbies for their well being in trading.

calya

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Quote from: Inikoo on November 07, 2018, 05:21:45 AM

Last year, it was actually pretty easy to make 100-500% profit within a very short period of time, the problem is, people thought it can last forever, but of course it can not. The bull market made many people think they know what they are doing.

unfortunately this year could not have same condition with last year.and now many people suffering loss because buying bitcoin on higest price.and unpredictable news come to market about crypto market banning from china

CrisBrown12121997

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Ahah I partly agree with the author, but common, it’s just fun and interesting for someone to seem like a cool trader)

strunberg

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Quote from: susuberuang on November 07, 2018, 05:42:07 AM

cryptocurrency trading only requires people who can control their patience and can accept the risks that exist because when someone enters and cannot control the patience they have and finally they will only get very high losses and pressure.

only brave people could survive in this market.investor with less mental and psychology did not suitable investing in cryptocurrency market.

anitaraymonds

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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.

When they are only interested in quick money without any strong foundation in crypto except stories by friends and family failure will remain their profit. While those who want to make ends meet in crypto will do the first thing first which is learning all they could in crypto trading and patiently practice through simulation trading before going live. These set of newbies will always be successful at the end of the day because they have already pay their dues in the field of training, practicing and learning.

susuberuang

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cryptocurrency trading only requires people who can control their patience and can accept the risks that exist because when someone enters and cannot control the patience they have and finally they will only get very high losses and pressure.

Inikoo

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Last year, it was actually pretty easy to make 100-500% profit within a very short period of time, the problem is, people thought it can last forever, but of course it can not. The bull market made many people think they know what they are doing.

clarkgeneral86

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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.

Your idea is very good and the meaning of this crypto market is not for those who do not have the knowledge and only hear about profits and follow it and do not have a bit of skill and thinking. The risk is very high so everyone should consider it carefully before joining.

Aivaryamal

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Yes, in this market is hard to learn something, reliable information is very small, many developers are waiting for when the market itself will go up and only then release updates

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Quote from: BlueStackz on November 07, 2018, 02:02:14 AM

Quote from: Itcher on October 29, 2018, 05:48:40 AM

Earn in the cryptocurrency market will be able to those who can wait, be patient and do not panic and you will succeed

If we speak about the mental capacity to making astonishing and mind-blowing decisions to earn immense wealth, we can say that nothing is impossible in business.

Bear market for some time does not mean you have lost the market but one should be rational enough to look for other opportunities for the time being and return and focus on the business as soon as the market starts recovering. I think this one platform to make money has removed all the miss conception and inequalities among the rich and the poor.

Everyone has different mentality in terms of our approach in investing, the rich gets richer because they are smart enough to spot an opportunity
that they believe will become big in the future. Just like bitcoin, they bought at a very low price and held it, the patience played a vital rule for their success.

BlueStackz

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Quote from: Itcher on October 29, 2018, 05:48:40 AM

Earn in the cryptocurrency market will be able to those who can wait, be patient and do not panic and you will succeed

If we speak about the mental capacity to making astonishing and mind-blowing decisions to earn immense wealth, we can say that nothing is impossible in business.

Bear market for some time does not mean you have lost the market but one should be rational enough to look for other opportunities for the time being and return and focus on the business as soon as the market starts recovering. I think this one platform to make money has removed all the miss conception and inequalities among the rich and the poor.

gorodi

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Quote from: NorihiroName on November 03, 2018, 05:44:05 PM

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.

It is not complicated when you have some skills and experience. Naturally, it is a very difficult activity for the beginners. You will have many losses and fails but if you do not give up, you will succeed.

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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.

We can't blame people about their strategy in trading. Maybe you mean about are the dumpers which we cannot blame for their actions. For those kind of people, selling their coins is what they think more profitable than being.

suzanne5223

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Quote from: heninur on November 03, 2018, 08:03:58 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.

true, many people complain about the loss they experience due to trade. in fact the losses they received were caused by their own carelessness, they too easily considered trading so that they quickly made decisions. even though trade also requires a lot of knowledge to make a profit.

Aside of having the require knowledge and skills of using the technical and fundamental analysis for making a success trading in crypto market, there are seasons which the advanced trading also make debt instead of profit but they choose not to complain and make the best out of it because every success market must debt

berna090118

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Quote from: Question123 on November 04, 2018, 02:01:57 AM

Quote from: NorihiroName on November 03, 2018, 05:44:05 PM

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.

Trading for me is for eveyone not all people are a lot of knowledge to trading but they can improve it by doing research and keep reading and continue learning. Not all trader are earn money but most of them are earning money like me. Depends on you capital , effort your earning to trading.

You are right, it all depends on the strategies we will be going to use. More research, more studies and more experiences will teach us how to be a good investors with good profit too.

Question123

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Quote from: NorihiroName on November 03, 2018, 05:44:05 PM

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.

Trading for me is for eveyone not all people are a lot of knowledge to trading but they can improve it by doing research and keep reading and continue learning. Not all trader are earn money but most of them are earning money like me. Depends on you capital , effort your earning to trading.

yndye

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Quote from: NorihiroName on November 03, 2018, 05:44:05 PM

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.

Only a small percentage of people do get a profit from this kind of market especially nowadays when there is a bear market and when we think that bitcoin is already recovering, it would suddenly dump that makes the people getting discouraged because of the state of the market. It is not for everyone because only those who will be able to handle their emotions would be able to take it and those who are very stressed just looking at the charts would prefer to just invest in it than trade actively.

deppil

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Quote from: NorihiroName on November 03, 2018, 05:44:05 PM

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.

You right there are many instruments and many aspects of trade that must be learned and many things that you cannot learn in an article but from experience. thats why many people with extensive experience are more likely to have greater profitability. but I disagree if only 3-5% are successful. because a lot of my friends are traders and more than 70% of them are get profit

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