The hard Truth - page 7. | Bitcointalksearch.org

damberg

full member

Activity: 658

Merit: 108

Quote from: Ctn on August 08, 2018, 07:17:27 AM

On the contrary I am earning most of the money from trading only mate, may be 90% of it is coming from the trading. Trading is said to be risky and yes I agree on that a lot because I have myself lost huge in the beginning when I used to trade like crazy. But I never thought that trading is simple job with patience is the key in it. You need to give lot of time for this market to understand you and vice versa. The simple need is here to gain the trust of each project that you are interested in and keep updating yourself with it after you buy their coins and put a call button at work! You just have to be patient to see where the market leads and work accordingly. Wink

I have been in a very similar situation (trading financial assets for years), and patience is really what separates poor from rich. It sounds like you have been trading successfully even during the recent bear period, haven't you? I would like to know if you shorted the market (margin trading) or picked some quality projects that went against the overall trend.

Ctn

sr. member

Activity: 644

Merit: 259

On the contrary I am earning most of the money from trading only mate, may be 90% of it is coming from the trading. Trading is said to be risky and yes I agree on that a lot because I have myself lost huge in the beginning when I used to trade like crazy. But I never thought that trading is simple job with patience is the key in it. You need to give lot of time for this market to understand you and vice versa. The simple need is here to gain the trust of each project that you are interested in and keep updating yourself with it after you buy their coins and put a call button at work! You just have to be patient to see where the market leads and work accordingly. Wink

katrimans

hero member

Activity: 882

Merit: 500

Quote from: richmcrich on August 07, 2018, 01:26:12 AM

Quote from: maninas on August 03, 2018, 08:48:22 AM

loss is a very valuable lesson, where when we loss we can analyze why and why
from there we can know our mistakes and can fix them to improve our skills in trading
I believe all traders must have loss and the solution how to cover the loss with the profit that we can

Some wise man one said, either you win or learn. This is really amazing rule and we can make our lives so creative with this lighted statements. We often put our effort and sometimes it gives fruitful and sometimes we just lost. So never ever leave yourself behind just because you don’t have good sense of learning from your mistakes. Mistakes are best teacher.

There come certain times when it becomes difficult for me to make any kind of profit and that I lose my money too but I never regretted over that. The only reason behind that is every time l lose my money, I learn some good lesson which then helps me in making better strategies in the future. It is better to learn from the mistakes than to think of quitting your job.

Panetymerni

newbie

Activity: 60

Merit: 0

Don't be influenced by opinions on the internet. What matters is how you approach trading and if your consistent in your strategies.

nidacoinlove

sr. member

Activity: 588

Merit: 254

Quote from: chocolah29 on August 08, 2018, 04:01:36 AM

Quote from: richmcrich on August 07, 2018, 01:26:12 AM

Quote from: maninas on August 03, 2018, 08:48:22 AM

loss is a very valuable lesson, where when we loss we can analyze why and why
from there we can know our mistakes and can fix them to improve our skills in trading
I believe all traders must have loss and the solution how to cover the loss with the profit that we can

Some wise man one said, either you win or learn. This is really amazing rule and we can make our lives so creative with this lighted statements. We often put our effort and sometimes it gives fruitful and sometimes we just lost. So never ever leave yourself behind just because you don’t have good sense of learning from your mistakes. Mistakes are best teacher.

That's fine when you can tolerate your losses. But what if we lose more than we win, maybe something isn't meant for you. And we should wake up from our aspiring to profit big like we should know when to hold either let go. And yes if you can tolerate your losses then continue and I just hope that you still wake up one morning that you still have money on your pocket.

Lemme tell you what most of us do is that we forget the rules of trading. The #1 rule of trading is that invest the amount you can afford to lose. If you follow this rule I hope you will never ever face any of the problems like empty pocket.
So, when you be yourself and has the ability to learn you will definitely succeed but never ever think that the money you have invested in crypto is a bank deposit. It's a way risky earning and if you don't have the balls to go for the risk then you are on the wrong platform. There are people who get interest on their principal money from the banks, unfortunately they are the one who think they get the profit but they are the looser. How? You can't withdraw you funds for a certain period of time, no matter if there is any other opportunity of growth.
People thought that trading is an easy money earning source but I am glad now the minds has changed. We will see some real time traders in the future who has risked their investment and they will definitely be successful.

chocolah29

full member

Activity: 588

Merit: 128

Quote from: richmcrich on August 07, 2018, 01:26:12 AM

Quote from: maninas on August 03, 2018, 08:48:22 AM

loss is a very valuable lesson, where when we loss we can analyze why and why
from there we can know our mistakes and can fix them to improve our skills in trading
I believe all traders must have loss and the solution how to cover the loss with the profit that we can

Some wise man one said, either you win or learn. This is really amazing rule and we can make our lives so creative with this lighted statements. We often put our effort and sometimes it gives fruitful and sometimes we just lost. So never ever leave yourself behind just because you don’t have good sense of learning from your mistakes. Mistakes are best teacher.

That's fine when you can tolerate your losses. But what if we lose more than we win, maybe something isn't meant for you. And we should wake up from our aspiring to profit big like we should know when to hold either let go. And yes if you can tolerate your losses then continue and I just hope that you still wake up one morning that you still have money on your pocket.

jrrsparkles

sr. member

Activity: 2436

Merit: 272

Eloncoin.org - Mars, here we come!

Most of the traders lose their funds simply because of no strategy while trading and very greedy as well,if you are a professional trader then you must aim for many trades with lower profits but we are looking for that one trade with 200% return where most of the traders failing.

Baggong

member

Activity: 247

Merit: 10

The difficult thing is to make money continue to grow, many people make trading the main job so they do everything, but I suggest to spend time in learning so that you can get maximum profit.

cryptolet

newbie

Activity: 229

Merit: 0

You do not need to give up too quickly but to persevere until you make your profit and be confident about your self.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: roorgelak on August 07, 2018, 03:00:05 AM

Quote from: Ararbermas on July 22, 2018, 04:43:37 AM

By the way strategy is the most important mate not just knowledge 'cause its not enough especially on this risky situation of market. if i was you try to watch some trading skills ,and strategies on youtube so that you can obtain and you can build your own strategy as well. But always put some efforts onnit mate 'cause it's for the sake of your capital which is you can't regain it after doing mistakes. So think first before anything . .

Many people think bitcoin trading is an easy task but the hard truth is that trading is not a bed of roses and it is a tough task.

without learning some basic tutorial about bitcoin trading, we cannot make a profit and even we cannot determine a good price to buy and sell. besides that, we don't know how to make a strategy that will help us to survive in the market especially when the market is going to down. and with the strategies, we can make a solution to get out from the bad situations and we can also try to still make a profit. it is easy to say but it hard to do and we need more than an effort to start to learn about bitcoin trading.

bitcoinrays

full member

Activity: 438

Merit: 104

Quote from: Petrogradka on August 04, 2018, 10:16:44 AM

I think, to trade cryptocurrency on large for all the money is risky, you first need to test the soil with small trades to see. Only then when you gain experience to trade and large deals. Trading strategy is developed its own.

Not only trading but any new thing or work that you are going to start, definitely it needs some practice at home and then someone should dive into real world. For trading, there are many demo trading scenarios. People must check their potential and strategies out there first and then there next move should be determined. Better to handle risk with cool mind.

roorgelak

jr. member

Activity: 31

Merit: 1

Quote from: Ararbermas on July 22, 2018, 04:43:37 AM

By the way strategy is the most important mate not just knowledge 'cause its not enough especially on this risky situation of market. if i was you try to watch some trading skills ,and strategies on youtube so that you can obtain and you can build your own strategy as well. But always put some efforts onnit mate 'cause it's for the sake of your capital which is you can't regain it after doing mistakes. So think first before anything . .

Many people think bitcoin trading is an easy task but the hard truth is that trading is not a bed of roses and it is a tough task.

richmcrich

hero member

Activity: 1120

Merit: 507

Quote from: maninas on August 03, 2018, 08:48:22 AM

loss is a very valuable lesson, where when we loss we can analyze why and why
from there we can know our mistakes and can fix them to improve our skills in trading
I believe all traders must have loss and the solution how to cover the loss with the profit that we can

Some wise man one said, either you win or learn. This is really amazing rule and we can make our lives so creative with this lighted statements. We often put our effort and sometimes it gives fruitful and sometimes we just lost. So never ever leave yourself behind just because you don’t have good sense of learning from your mistakes. Mistakes are best teacher.

swscowods

full member

Activity: 419

Merit: 100

Quote from: okocrypto on August 04, 2018, 12:59:57 PM

The average trader is constantly faced with the challenge of greed and impatience. They want to make it so quick without integrating proper risk management. This is what is responsible for the huge losses. With proper risk management and sound education, one is bound to be profitable on the long run

There are certain issues which almost all of the investors are facing regarding that of the crypto currency and that there is no such fault of the crypto currencies in that. It is just the fault of the investors and opting for the wrong way to deal with the things at tough situation which then lead them to the loss of money and that because of which they decide to quit doing that.

wuvdoll

legendary

Activity: 1442

Merit: 1025

Quote from: quesi_job on July 12, 2018, 06:20:41 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.

Thats true people that make money from trading usually just flocks together and not leak outside. Hence when they make money and become successful and rich we do not hear about it.

Gladly we can see that the people who keep losing money and react badly when the markets shifts we can see them cry here like you said. That is why people think that only rich people make money from trading and poor people keep losing money on trading, I have seen a lot of people that are in crypto that started out with less than a bitcoin back in the day and owns over 30-40 btc right now, they just don't talk about it and flail their earnings all around.

okocrypto

newbie

Activity: 112

Merit: 0

The average trader is constantly faced with the challenge of greed and impatience. They want to make it so quick without integrating proper risk management. This is what is responsible for the huge losses. With proper risk management and sound education, one is bound to be profitable on the long run

pobeditelvezde

jr. member

Activity: 658

Merit: 1

I am not going to prove that a marginal trading is an incredibly risky kind of trading. You should try to trade with a credit leverage to comprehend how it difficult and risky.
By far long term investors are the most surviable participants of stock exhange market. There is no secret they buy on lows and later sell on highs it is nothing special.
Whey are professional traders successful? It is obviously the professionals are much more experienced they have big capital and use the money management and sometimes they have inside information.

berrygood

full member

Activity: 308

Merit: 101

I think trading is a game of the big and little fish but holding is of everyone and we know that big fish always eat the little one but in holding there is no need to eat each other, we do but not like in trading.

canadinhano

newbie

Activity: 112

Merit: 0

No job can easily make money, so let your body adapt to the difficulties that life gives us.

just_Alice

hero member

Activity: 1274

Merit: 622

Gaining from trading is possible, you just have to learn a lot of materials and years of practice wouldn't hurt. First thing you need to do is decide will that be daily trading, or long-term trading. Investing is more risky, on the other hand it's not that time-consuming, just buy some coins and forget about them for 2-3 years. There are some obvious choices which you should consider as win-win if you believe that crypto market will live: ETH, XRP, Cardano, NEO. Especially have eyes for the ones that cost about a dollar, only think about it - you can buy 20-30 of them and who knows, maybe they'll be as popular as BTC now and you'll have a huge profit, if no - you lose 30 USD, what a pity.
For daily trading you have to choose 3 things accurately: exchange, coin itself, daily strategy. Now, exchange should be the one that charges lowest fees, this will bring you more profit (Binance, Bitfinex). Coin and strategy is up to you, watch some videos on youtube before you start at least and it's better not to change your strategy very frequently as this will reduce your chances of hitting the mark.

Topic: The hard Truth - page 7. (Read 1930 times)