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Topic: trade makes me poor - page 17. (Read 3437 times)

newbie
Activity: 28
Merit: 0
July 26, 2019, 07:22:49 PM
#81
Was trading fun? If it was, you're not poor in heart atleast.
legendary
Activity: 2366
Merit: 1130
July 26, 2019, 07:21:04 PM
#80
Trading is like gambling ..
Trading isn't like gambling, while you rely on 99% luck on gambling, in other hands, you are relying with your skill 50% on trading (50% ofcourse luck too). For atm, altcoin only got affected based on usd with bitcoin
jr. member
Activity: 837
Merit: 1
July 26, 2019, 07:20:11 PM
#79
Sorry about that but trading requires high level of expertise, you don't wake up one day and jump into trading, you learn and you grow with it. Also, in trading it's better to remove greed as it is one of the things that gets traders trapped.
full member
Activity: 798
Merit: 104
July 26, 2019, 07:07:36 PM
#78
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.

Trading is like gambling you need tobe aware to the altcoin you pick to trade always set a stop lose this is important to not losing more money, dont fomo on the alcoin always use indicator and check the bitcoin chart before trading on altcoin because most of the time altcoin rely on Bitcoin price action.
full member
Activity: 952
Merit: 104
July 26, 2019, 06:55:11 PM
#77
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.


Oh sad to heard about your loss, but don't compare trading into a gambling both are have benefits, trading is a serious job to earn profits, gambling don't treatbit as source of earnings treat it for fun to avoid huge loses.
Both are risky crypto trading and gambling if you don't know how to handle it properly to avoid loses in trading get skills and knowledge to avoid loses and loses is part of the trading job before they can earn prpfits.
newbie
Activity: 98
Merit: 0
July 26, 2019, 06:36:52 PM
#76
Ok, will do, thanks a lot for sharing. And will get back with more questions in case I have any, probably in PM in here..

You are welcome and sure, feel free to get back with more questions, if you have any
newbie
Activity: 84
Merit: 0
July 26, 2019, 06:35:14 PM
#75
I recommend you to have a look at Antiminer S17 and T17, from my point of view, the most interesting models, but also explore other

Ok, will do, thanks a lot for sharing. And will get back with more questions in case I have any, probably in PM in here..
newbie
Activity: 98
Merit: 0
July 26, 2019, 06:34:34 PM
#74
Any particular devices to have a look at? Probably the ones you have used?

I recommend you to have a look at Antiminer S17 and T17, from my point of view, the most interesting models, but also explore other
newbie
Activity: 84
Merit: 0
July 26, 2019, 06:31:31 PM
#73
I bought from Globemining com. And they have a wide range of devices, so I recommend you to acquaint with what they are offering

Any particular devices to have a look at? Probably the ones you have used?
newbie
Activity: 98
Merit: 0
July 26, 2019, 06:30:27 PM
#72
I see. And can you recommend anything? Because to tell the truth, I am new to the industry and would probably search up what you recommend

I bought from Globemining com. And they have a wide range of devices, so I recommend you to acquaint with what they are offering
newbie
Activity: 84
Merit: 0
July 26, 2019, 06:29:26 PM
#71
Yes, I do. And this is why I am saying that the right choice of proper equipment matters a lot

I see. And can you recommend anything? Because to tell the truth, I am new to the industry and would probably search up what you recommend
newbie
Activity: 98
Merit: 0
July 26, 2019, 06:28:22 PM
#70
Yeah. + electricity and other costs, if we are talking about mining. And do you mine on your own?

Yes, I do. And this is why I am saying that the right choice of proper equipment matters a lot
newbie
Activity: 84
Merit: 0
July 26, 2019, 06:27:07 PM
#69
This is indeed a good question, but you know, much depends on the token and, if we are talking about mining, on solution

Yeah. + electricity and other costs, if we are talking about mining. And do you mine on your own?
newbie
Activity: 98
Merit: 0
July 26, 2019, 06:26:06 PM
#68
Good evening everyone. And do you guys considering any other options, besides trading? For example, holding or mining

This is indeed a good question, but you know, much depends on the token and, if we are talking about mining, on solution
newbie
Activity: 84
Merit: 0
July 26, 2019, 06:24:44 PM
#67
Good evening everyone. And do you guys considering any other options, besides trading? For example, holding or mining
hero member
Activity: 2856
Merit: 604
July 26, 2019, 06:24:32 PM
#66
That's because you don't know anything about trading and it for sure it won't give the best result rather than to lose all of our funds.
This is what it actually plays, it is very important to know what we are doing and stepping into trading life is a big challenge for us especially when we are new into this field. It needs more time to make everything right and to have a better strategy to be used.
hero member
Activity: 1932
Merit: 622
July 26, 2019, 06:18:23 PM
#65
What amount did you lose on trading that makes you poor? In which coin? What kind of strategy?
Are you sure that you have decided the right ways of trading? The best strategy? Well, trading only will result in two things, profits of being rich, and loss for being poor. And to pick one of them will depend on your coins, stratgey, and way of trading.
member
Activity: 721
Merit: 19
Trident Protocol | Simple «buy-hold-earn» system!
July 26, 2019, 06:07:47 PM
#64
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
Gambling is guessing an uncertain number, while trading is a fixed number but up and down. Up and down prices depend on demand. Up and down prices depend on demand. If the purchase request is more, then the price will rise, if the demand for buying is less, then the price will go down. This is the principle of trade. If you learn about the trade economy.
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
July 26, 2019, 06:00:42 PM
#63
I don't understand, what coin do you mean? why only two hours can they experience a dump? does the team sell all coins? please provide the coin information that you trade so that we all know the name of the project and can assess the potential of the project
jr. member
Activity: 532
Merit: 6
July 26, 2019, 05:24:25 PM
#62
Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.

Trading is not gambling and you should not treat it as such
To trade; you need to dyor and develop a pattern or principle to follow

It’s not about buying single coin or multiple coins; it’s about buying valuables and selling at profits or stop losses

Increase your research and learn even further more before venturing into trading
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