Topic: Speculating the market? - page 3. (Read 686 times)
So many people lose because they don't know how to trade and when to trade, When you buy at a price like $6000 as soon as the price goes down you shouldn't sell but to wait until the price is higher than what you bought your coins with.
If it was that easy then all of us would have been rich by now. Investing your money and making profit are two different things. That is why people tend to Invest and HODL rather than trade as there is high risk in trading.
80 percent traders and 50 percent Investors loose their money the first time. This is mostly because of Lack of patience, experience and knowledge.
Better to do some research/study and then only enter the market.
80 percent traders and 50 percent Investors loose their money the first time. This is mostly because of Lack of patience, experience and knowledge.
Better to do some research/study and then only enter the market.
There are a lot of reasons to why people lose in an investment. Yes you are correct about the market being volatile that is to say it prices pumps and dumps this can also be the reason to why people lose you buy a coin and it dumps then out of panic you sell. Also investing in the wrong coin can make one lose money, outing emotions in trading could also make one lose money
So why do so many people lose?
So an easy question to ask. Off course many people lose because of so many reasons too.
As you said, it is up and down but if you ride on the wrong direction of the waves, the beach will eat you up.
If you don't have sufficient capital, it is also dangerous.
If you don't make stop-loss your friend too.
And money management and good leverage.
Trading and investing in financial markets seem so easy. The market can only do one of two things. It can go up, or it can go down. So why do so many people lose?
https://www.altcoinsidekick.com/blog/machine-gun-preacher
It is not easy to trade because it is too risky to do it. If you say that trading is easy then are you rich now? Because maybe you are good at analyzing right? Many people are struggling from analyzing with investing or trading because it is not easy to speculate and no one will know how the market will flow it is always just a speculate. https://www.altcoinsidekick.com/blog/machine-gun-preacher
loss can actually be prevented by the ability of patience, we must first learn which coins we will make long or short investments, we need time to get to know the market movements and coins that we will invest, understand the basic price will survive loss, carelessness and panic is big loss to a trader
It's easy to invest and trade, you'll just put your money and you're done. That's already an investment you did there but the question is what will be the outcome of your investment?
Trading and investments aren't for everyone, for someone that doesn't have any courage for risks then these two isn't for him.
Lack of knowledge.
Panic selling.
Trading and investments aren't for everyone, for someone that doesn't have any courage for risks then these two isn't for him.
So why do so many people lose?
Lack of experience.Lack of knowledge.
Panic selling.
So many people lose because they are not clued up on technical or fundamental analysis or are very impatient and start trading with emotions and for the wrong reasons. A lot of people in crypto have no real education and are too lazy to learn anything, so they just follow some pumps and think they can trade, then when the coins tank then they get all angry. I also was a real noob and being a noob cost me all my wealth in 2018 because I was a hodler and not a trader. So we all need to get educated and learn in order to save ourselves form big heartache like I am going through now.
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Trading and investing in financial markets seem so easy. The market can only do one of two things. It can go up, or it can go down. So why do so many people lose?
It's clear why so many people lose, and trading isn't always so easy.. Yeah it's quite easy to buy when prices are low and sell when prices are high, basic hodling
But what about those who flout trading rules and buy when the price is rising(its always not so good), for example numerous individuals bought bitcoin when it was 20,000usd and they've seen the price fizzle down to 6000+,that's about 14,000usd dollars loss for those who've been faced with issues and had to sell off.
And for those who are still hodling,they only can wait and hope..
It's basic,never sell lower than what you bought for,except you're in dire need of the cash
So many people also lose because they put all their eggs in one basket
No matter how little your capital is always try and split it into different baskets,that way in case of any mishap you'll have what to fall back on
Trading and investing in financial markets seem so easy. The market can only do one of two things. It can go up, or it can go down. So why do so many people lose?
https://www.altcoinsidekick.com/blog/machine-gun-preacher
https://www.altcoinsidekick.com/blog/machine-gun-preacher
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