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Topic: there is no word stopping to trade crypto. - page 2. (Read 945 times)

hero member
Activity: 1820
Merit: 515
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No one was born a wise trader. That attribute of wisdom comes with years of learning and tweaking of skill set which must have experienced loss of trades before one got a handle on it. If one is scared of loss one won't have a grip on trading. It's a win or lose situation once it comes to business, trading inclusive. One good thing about cryptocurrency is that no loss is incurred until the crypto is sold. This is unlike forex trading where whether buy or sell one can make losses.
When you are trading with your hard earned money, you will not take such chances, trading must not be complicated if you stick to the basics, buy low and sell high and if you follow those basics, you will never end up in a loss how raw you are when it comes to trading, just use your common sense and have a better understanding of the market situation if you invest money in it.
This only suit for the people who want something from trading but lot of traders have some goal to reach so if they want to make profits without much opportuities then they need to take such risks.It is worth to take as well when the rewards are huge when compared to forex or stock tradings.
full member
Activity: 714
Merit: 114
If we just follow the basics in trading with buy low and sell high strategy, we will still not lose even if the market price falls down immediately.

but the question is how can you buy low when you dont know the exact bottom price point for cryptos ? plus the market is hardly going down these days . the same as selling . its easy to say sell at highs but the market wont just increase or pump but rather it usually remains stable at a median price  .

@op no stopping ? are you sure about that ? what if a trader is tired and feel stressed ?  its a good thing to take break for while to be able to relax  ....
hero member
Activity: 2912
Merit: 613
No one was born a wise trader. That attribute of wisdom comes with years of learning and tweaking of skill set which must have experienced loss of trades before one got a handle on it. If one is scared of loss one won't have a grip on trading. It's a win or lose situation once it comes to business, trading inclusive. One good thing about cryptocurrency is that no loss is incurred until the crypto is sold. This is unlike forex trading where whether buy or sell one can make losses.
When you are trading with your hard earned money, you will not take such chances, trading must not be complicated if you stick to the basics, buy low and sell high and if you follow those basics, you will never end up in a loss how raw you are when it comes to trading, just use your common sense and have a better understanding of the market situation if you invest money in it.
If we just follow the basics in trading with buy low and sell high strategy, we will still not lose even if the market price falls down immediately.Patience is what we always need. But seeing the market nowadays already turning into green, this could be a great chance to trade again and make good profits.
legendary
Activity: 2282
Merit: 1023
No one was born a wise trader. That attribute of wisdom comes with years of learning and tweaking of skill set which must have experienced loss of trades before one got a handle on it. If one is scared of loss one won't have a grip on trading. It's a win or lose situation once it comes to business, trading inclusive. One good thing about cryptocurrency is that no loss is incurred until the crypto is sold. This is unlike forex trading where whether buy or sell one can make losses.
When you are trading with your hard earned money, you will not take such chances, trading must not be complicated if you stick to the basics, buy low and sell high and if you follow those basics, you will never end up in a loss how raw you are when it comes to trading, just use your common sense and have a better understanding of the market situation if you invest money in it.
full member
Activity: 812
Merit: 100
when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
I think this time is very good time to back in trading as we can see the market is slowly growing again and it's a good sign for all of us that we can make a good profit this year. We know that we suffer last few months ago but I feel this is a great time for trading just be more observer in the market.
hero member
Activity: 2814
Merit: 518
snip~
Not really recommended for newbies, when the market is really bad it's advisable to HODL and when the market is good again then you can pick in and gain back the losses.
Agreed.There is no way to stop trading but atleast you should know the best time to trade especially for newbies.A good trader may always find ways to make profits even if the market price is in sideways but if you are still a beginner in trading,then  you should know the best entry and exit.
If you are truly a trader, you should never think of quitting or make an exit once you fail. Life of a trader is just a trial and error scheme, we have sometimes made failures and for that, we gain lesson and be more strategical in the other ways. It is very easy for us to surrender if we have in our mind a word of "quit". It has a negative effect on our trades.
hero member
Activity: 3052
Merit: 606
You can trade at any time, no matter what the market situation. The main thing to learn how to do it well and then you can make a profit even in a falling market. You are right, there is no word stopping trade.
Not really recommended for newbies, when the market is really bad it's advisable to HODL and when the market is good again then you can pick in and gain back the losses.
Agreed.There is no way to stop trading but atleast you should know the best time to trade especially for newbies.A good trader may always find ways to make profits even if the market price is in sideways but if you are still a beginner in trading,then  you should know the best entry and exit.
member
Activity: 420
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Globe-dex.com
You can trade at any time, no matter what the market situation. The main thing to learn how to do it well and then you can make a profit even in a falling market. You are right, there is no word stopping trade.
Not really recommended for newbies, when the market is really bad it's advisable to HODL and when the market is good again then you can pick in and gain back the losses.
member
Activity: 420
Merit: 12
Globe-dex.com
when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .
Now is actually the best time to get back into Crypto no Matter the fall it always comes back 100% better. I am a trader and I have understood the ways of the market. Patience is just the best way to go by when it comes trading alt and BTC.
full member
Activity: 810
Merit: 101
You can trade at any time, no matter what the market situation. The main thing to learn how to do it well and then you can make a profit even in a falling market. You are right, there is no word stopping trade.
newbie
Activity: 84
Merit: 0
panic has never given any good result.  calm down and try to understand the market.  if you miss, it only means that you need to learn more.  crypto is great for as long as you know when the perfect timing is to trade.
Some of our decision can lead into positive or negative outcomes that's why having enough knowledge to make the right decision in very situation and also experience. As a newbie I always analyze some of the experiences that I have read in this forum, I also make some time and effort to learn different things especially on how to cope up in the market. Some of my friends had some bad experiences but it doesn't stop them, because losing is part of being a trader and it will be our choice if we are going to get up and continue. As of now I am doing my own research about the current situation of the market, I also look for an exchange. Luckily, one of my friend suggested darb exchange but since i'm not familiar with it I look for some details about it. Darb exchange is a good trading platform that helps newbies to trade well because of their demo account, they also have fast transaction in transferring funds and assets. One of the best thing about it is that it can also be a crypto wallet and it has high security level. I know in myself that I still need to learn a lot of things in trading and i'm looking forward for some tips and ideas.
hero member
Activity: 700
Merit: 501
that's true because the problem with trading in the crypto world is that the results are very promising and many people become rich and successful by trading and investing in the crypto world.

every investng at digital project you will get higher risk than traditional invest, im sure sometimes we can get highest profit too, but if we care about our money we must mange it to invest at not some project, so we have higher chance to get profit.
sr. member
Activity: 1792
Merit: 264
when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .



Supposedly during the bear market traders affected and sell their coins to cut off the loses but never stop to find how to make money in trading works.
So In these recent price increase of bitcoin and other altcoins trader's continue to buy and increase  their investment.p because they still strongly believe trading is one of the most easy and profitable in the digital currency.
yes, trade is indeed one way that can generate profits in this field. most people who are involved in this field of course they use ways to benefit from trading because by doing cryptocurrency trading, just as we sell buy something valuable from us to others or vice versa
jr. member
Activity: 206
Merit: 2
You are not meant to move far without losing some but important aspect is to learn from the mistakes and losses. And only then we will move towards becoming better as traders. However, it is easy to understand that it is simpler to talk about all these but then to do it.

But to succeed we have to really ensure that we do it. I am fortunate to trade easily thanks to brokers like Etoro and others, where they have great setting to help newbies. There are several such Top Brokers that we can work with to be comfortable
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
Panic is the main reason to loss on trading. Mostly crypto traders like us loss for panic. Whoever don't have enough patience he will loss always. If leave trading due to panic or fear of loss then how we can recover? For example on last bear market I have losed 0.5BTC but I didn't sell on loss, in a result I have recover now and have some profits. I was not sold on loss. Thats why we need pateince for trading. To be honest trading is a one kind of addiction. We can't leave it easily. However best of luck you on trading world.

Patience and risk management are the main keys!
trading is a great tool to know yourself deeper and understand your fears and what makes you greedy!
hero member
Activity: 2926
Merit: 722
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when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .

Yeah you have well explained your words and i am completely agree with your views.
I want to further add up the things that, trading is an action that is done by a person or user by his own will.
So literally if you see the thing,  then Truely no word can stop him/her from choosing to trader until and unless he himself chooses to stop it.
Moreover you need to be wise enough when to invest and where to invest,  as this will only help them to gain profit and in this way  they will not stop trading.
You wont surely stop on trading when you are profitable but if you are experiencing opposite things way around then it might be a possible reason for you to stop.Not all things that you do like or pursue would able to
work out and we all know that not all things are suitable on each person.Trading isnt really for anyone where there are ones who do suit out and ones who do fail no matter how they try.
Giving up or completely stopping to trade will just really depend on your will.
sr. member
Activity: 1204
Merit: 272
1xbit.com
when so long bitcoin and altcoin have significantly reduced prices, many traders are very panicked and sell some of the coins they buy at high prices, and because of their fear they will reduce their capital, they are afraid to lose everything, in panic and fear they will lose all the capital they use, it really makes the traders really lose, but now that the market is recovering, is there still a reason for a trader not to return to their trade? if for me this is the time for us to rise again and return to our trade, so that we can cover the losses we have suffered so far, so never think of stopping trading for example we want to return all our losses, and we can get more profits .

Yeah you have well explained your words and i am completely agree with your views.
I want to further add up the things that, trading is an action that is done by a person or user by his own will.
So literally if you see the thing,  then Truely no word can stop him/her from choosing to trader until and unless he himself chooses to stop it.
Moreover you need to be wise enough when to invest and where to invest,  as this will only help them to gain profit and in this way  they will not stop trading.
full member
Activity: 630
Merit: 102
I am hoping for the same as we have seen a long down trend so far. I believe that there would be a crest after the trough. Due to the high rate of market manipulation, I think its better to keep the coins for long unless there is a bull market. Anyway, this down trend really gave me some good lessons in trading. Even, I fail to make some profit in the future I am happy with that.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Definintely, a wise trader shouldn't trade coins without a basis and that is the key to win the trade.
No one was born a wise trader. That attribute of wisdom comes with years of learning and tweaking of skill set which must have experienced loss of trades before one got a handle on it. If one is scared of loss one won't have a grip on trading. It's a win or lose situation once it comes to business, trading inclusive. One good thing about cryptocurrency is that no loss is incurred until the crypto is sold. This is unlike forex trading where whether buy or sell one can make losses.
hero member
Activity: 2912
Merit: 556
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Most of the traders easily react to the fud that is why they are panic selling and panic buying. If a trader lose everything he/she has, then it would stop him to trade crypto coins. Definintely, a wise trader shouldn't trade coins without a basis and that is the key to win the trade.


That is true especially if the traders don't have the right information about what is going on in the market. Or they only follow the other people's prediction without analyzing by themselves. A wise trader will not do that because he will think that he needs to make his analysis before he decides something so he knows what the next step he should do if the market is going to go up or down is.

But mostly, the traders itself don't dare to make their analysis because they are worried if their prediction is wrong or they cannot make a profit. I think that will depend on their experience in trading because as long as they can trying to trade, no matter if they got lost, they will get experience which I am sure that will help them to make the analysis. Besides that, a wise trader will only trade if he can see a chance to make a profit from his analysis.
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