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Topic: The hard Truth - page 5. (Read 1930 times)

member
Activity: 518
Merit: 10
August 12, 2018, 02:18:23 PM
Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!

95% of people don't want to spend hours on doing research of coins or projects, they usually watch some youtube pump and dumper or react on random shill of some coins. If you want to trade you cant just watch in  chart and consult with the cristal bowl on your future actions! 5-10% of people are spending 15 hours a day on researching about projects, news, developments and learning new stuf. NOT TECHNICAL ANALYSIS - no shortcuts, im sorry!
member
Activity: 153
Merit: 10
August 12, 2018, 10:43:07 AM
There are various reasons why people losing their money, first one is lack of knowledge, greed and predict the wrong market movement, it took times to become a good traders, but most of the traders want a shortcut and make tons of profit in a single trade, there are a lot of people succeed in trading, the earning of trading is limitless and within the time you will get more knowledge and become more familiar with the market situation, and if you already got knowledge and experience you can increase your chance to make profit in trading
I got your drift and I completely agree with you guy. Always, people who lost their money, both have common mistakes. They think that they have enough knowledge and then they got failed, but they don’t know that learning is incessant , especially they have to learn in true way. In addition, they don’t have a concrete plan , alongaside they don’t set a goal, so they try in vain  getting nothing. Most of people who are in loss , kind of lazy of finding a new path for their trading  and are lack of patience as well. In short, you’d better try a lot and shouldn’t have any expectation that someone will help you with a better strategy,  because it's your trading and you yourself will help you to reach what you want.
newbie
Activity: 224
Merit: 0
August 12, 2018, 07:49:11 AM
No matter how difficult it is, it will never give me a clue, which can be one of the big challenges that we must overcome to train ourselves.
member
Activity: 266
Merit: 10
August 12, 2018, 07:30:02 AM
Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!
I am very sorry that you gave up before trying, even you gave up just because you saw the fate of others. but you are not wrong, because the experience of others is a lesson for us.
I am a trader, right now I always suffer losses because the market price decreases, but when compared to the profits I got from the past, my profits are greater, I have to be grateful.
newbie
Activity: 182
Merit: 0
August 12, 2018, 07:14:18 AM
Trading requires you to know what you are doing. Many traders lose their money in the market out of ignorance and this is the reason you need to learn how to trade. Its very much better if you can identify a successful person in the area of interest and learn from the person. This is the best approach in my opinion and this is what you would do so as to come good in your trades
full member
Activity: 627
Merit: 103
August 12, 2018, 06:28:01 AM
Some articles can give you a very much inspiration about trading and some articles can make you go out from the trading. Now the decision is yours. Without a hard struggle, no one can succeed in life. Every trader has a bad memory for trading, but they don't give up, rather they make them strong to go forward and then they succeed. At first, you may lose your money, it happens, but if you come back with more strength and knowledge then you will be a success in trade. So, don't be limit by reading articles, do practical.
newbie
Activity: 210
Merit: 0
August 12, 2018, 05:56:27 AM
dont have to be that much detailed when it comes to the crypto currency trading.learn the basic facts that crypto currencies are far more volatile than the real world assets, commodities. its fair enough and clearly known to everyone that if you trade here then you come across the facts, news, swinging nature of the coins.you want to trade here then just go with the flow and see whats going on in the market. guess its pretty much interesting and easier to trade if you set up your own strategy here. you try to run behind the professionalism and stuff like that then would say dont, just keep it simple...
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
August 12, 2018, 05:07:28 AM
If you lose your day trading you can start with the long term trade so you earn a lot of money and are worth the wait when the price of the coin is up.
Trading is risky, you may loss or make money here, that is the two possibilities.
Just continue to educate yourself and learn from your mistakes, always humble yourself because this is a long term process.
If you believe on the market, you'll never quit because even a long term holding can easily make you rich.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 12, 2018, 04:17:03 AM
Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!

The thing is, traders focus on their emotions and try  to bring them under control, theres no doubt that strong emotions like fears, greed, anger and others can affect trading,Mate to succeed in this business, you must take risk even if you fail ,dont give up, fight back, thats how we earn...,,

I hope that we can prevent from being panic on trading and we can stay calm so we can avoid getting a big loss in trading. I agree that 90% of crypto traders lose their funds because they become panic when they see the market is down too deep and they only doing fast selling without thinking the chances for the coin to increase back. but if we can stay calm and thinking about what we need to do in this situations, then we can solve the problem and we can try to make a profit even if the profit is small.
jr. member
Activity: 448
Merit: 5
August 12, 2018, 03:21:50 AM
If you lose your day trading you can start with the long term trade so you earn a lot of money and are worth the wait when the price of the coin is up.
newbie
Activity: 182
Merit: 0
August 11, 2018, 09:28:08 PM
Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!




The thing is, traders focus on their emotions and try  to bring them under control, theres no doubt that strong emotions like fears, greed, anger and others can affect trading,Mate to succeed in this business, you must take risk even if you fail ,dont give up, fight back, thats how we earn...,,
member
Activity: 150
Merit: 11
August 11, 2018, 09:16:56 PM
Believe in yourself.  If you want to trade don't listen to others telling you that you cannot do it.  Get out there, learn, gain experience and get it done.  Don't listen to the people holding you back. 
member
Activity: 322
Merit: 12
August 11, 2018, 06:58:31 PM
The biggest cause of losing funds from trading is greed. When you're able to conquer your greed you should be halfway through becoming mostly successful in each trade. People always want huge profit and things take time in crypto.
hero member
Activity: 3010
Merit: 666
August 11, 2018, 06:58:17 PM
Its bad time but don,t think it is for everyone because the market makes depress some peoples in different tradings, I think you have to good option is to just consider this as a bad time and try again to do better and learn from the mistakes.

Those people who are depressed are not knowledgeable about the volatility of the market, when the prices are dropping, you can invest a huge amount in order to earn more profit so you should not be depressed.
Athough the market is still in a bad condition,let's not forget that fluctuations always takes place and anytime the market will recover its price again.So those who have hold their coins and keep their patience strong,i'm sure they will sure to have big gains when the market starts to recover.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
August 11, 2018, 06:42:53 PM
Its bad time but don,t think it is for everyone because the market makes depress some peoples in different tradings, I think you have to good option is to just consider this as a bad time and try again to do better and learn from the mistakes.

Those people who are depressed are not knowledgeable about the volatility of the market, when the prices are dropping, you can invest a huge amount in order to earn more profit so you should not be depressed.
Right.Instead of feeling depressed when the market is bleeding,be smart enough.Today might be the perfect time to buy more potential coins in their cheapest price.Just learn to hold them for a longer term and soon you will see your good returns when you sell them in their peaks.
that might only happen to trader who can read the situation, but now some newbie traders always follow what they ask in people. and when market goes bad like this, they don't have any solution to maintain if their loss
legendary
Activity: 1106
Merit: 1000
August 11, 2018, 06:08:57 PM
Its bad time but don,t think it is for everyone because the market makes depress some peoples in different tradings, I think you have to good option is to just consider this as a bad time and try again to do better and learn from the mistakes.

Those people who are depressed are not knowledgeable about the volatility of the market, when the prices are dropping, you can invest a huge amount in order to earn more profit so you should not be depressed.
Right.Instead of feeling depressed when the market is bleeding,be smart enough.Today might be the perfect time to buy more potential coins in their cheapest price.Just learn to hold them for a longer term and soon you will see your good returns when you sell them in their peaks.
member
Activity: 322
Merit: 10
August 11, 2018, 04:16:48 PM
Its bad time but don,t think it is for everyone because the market makes depress some peoples in different tradings, I think you have to good option is to just consider this as a bad time and try again to do better and learn from the mistakes.

Those people who are depressed are not knowledgeable about the volatility of the market, when the prices are dropping, you can invest a huge amount in order to earn more profit so you should not be depressed.
full member
Activity: 518
Merit: 100
August 11, 2018, 12:54:31 PM
It feels like 2018 is one of the hardest year for all the people who are involved in cryptocurrency, because all them people who I know personally are involved in every aspect, are constantly losing their money.

I think those ones that invested in crypto after March, will get their profits. Investing in Ethereum is the right decision as it is the best altcoin with the huge potential.
full member
Activity: 420
Merit: 100
August 10, 2018, 11:18:15 AM
Its bad time but don,t think it is for everyone because the market makes depress some peoples in different tradings, I think you have to good option is to just consider this as a bad time and try again to do better and learn from the mistakes.
newbie
Activity: 42
Merit: 0
August 10, 2018, 09:15:44 AM
The statistics cannot reveal everything that is happening therefore keep yourself updated.
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