Topic: trade makes me poor - page 2. (Read 3480 times)
My advice about trading, not for all people. You should have been follow for long time or participate as hunters before ICO. This time you will know trade policy of this token.
Trading is not meant for me because im always too eager to make profit,i prefer to invest in good coins and token dor future profits than trading
truly trading is not for everyone I know of some guys that are doing well in trading, a good trader does not target 200%, 300% or500% ina day, good, you need to invest big if you wanna trade, so that 10-20% will be OK by you 
Trading and gambling are two different things altogether. Gambling comes with greater risk as you play against odds etc while trading depends on your expertise or knowledge. From your post it shows you knew little about trading and I think you should take some time off, then work on yourself to know more. After which you can try again, but for now you need to learn.
Cryptocurrency trading is very risky. This is due to the great price volatility and instability of many assets in which you invest. If you do not have insiders, this all turns into a “guessed or not guessed” game.
Actually trading is the main think experience, that means you will need more skills about trading. I am the small trader and I was loss more money, when first time I was start. Therefore, I will need lot of learning about trade options and keep positive more skills give you smart trader.
You lost a lot of money in a short time? Isn't that the risk of crypto trading. I think that many of us lose, but that can be a lesson for ourselves. Ready to lose, ready to profit!
trade and gambling is different. Don't doing trade if you cannot to read the chart.
Because, traders needed it to make action. Keep learning on trading. I also still learning about it.
Some of us think its easy to become a trader thus they dont conduct a proper research and learning because of this belief.Because, traders needed it to make action. Keep learning on trading. I also still learning about it.
Take time to understand how to trade, its risky but if you're aware of the possible consequences and strategy to use in times the outcome is not what you expected it to be then you can have a plan to not lose your money.
trade and gambling is different. Don't doing trade if you cannot to read the chart.
Because, traders needed it to make action. Keep learning on trading. I also still learning about it.
Because, traders needed it to make action. Keep learning on trading. I also still learning about it.
Trading in fiat money or in crypto market is not easy need some experience and also good signals by premium members so you must join some good groups where you can get guide line and daily signals about altcoin trading.
I think if you invest in a coin that has a high volume and of course has a product, then you don't need to worry about the money you invest even though the price of coin is down, because I believe the price of coin will definitely increase very high if the project of coin has a product that will be useful in the future and of course the project has progress.
That is true, we not lose anything if we are invest on top 100 coin based on CMC and hold it until the price going up again. My asset drop 90% after buying coin on late 2017. I hold my coin and i belive if bitcoin start to hit $19.000 again, and altseason is coming, my coin will be back to price i bought. Another option is, cut lost and buy back if need it.
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.
Friend, if you lose in trading, you can try long term cryptocurrency investment. It is always good to adopt new strategies if one does not work well for you because every avenue has got its unique expertise in order to excel. Yes, once if you purchase the coin at the high value and suddenly the price drops mean we need to hold them for the long term, instead of selling them for cheap prices. These are basic mistakes done by the traders, we should recover our investment means definitely we need to wait for the recovery of prices.
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.
I don't easily give up in trading. Though, I loae a lot of money in trading, still I try my best to gain even in small amount. If you easily frustrated, you will be defeated throughout your life. The common mistake of the people is that we give up easily because we want an easy and fast outcome which will not absolutely happen. trade and gambling is different. Don't doing trade if you cannot to read the chart.
Because, traders needed it to make action. Keep learning on trading. I also still learning about it.
Chart analysis is just one tool for successful trading. It is necessary to base trade on fundamental analysis, everything else is secondary. Because, traders needed it to make action. Keep learning on trading. I also still learning about it.
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.
We all can make a costly mistakes which can make is poor in life, yours is aime what personal but any lost from trade means that you are not good in the skills because if good in the skills don't serves a lost. Ensure to trade with exchanges
that's the risk if I put money in 1 coin, I've experienced it since the first time I did a trade, but here I feel curious because you can lose money in 2 hours, maybe you buy one of the coins that only pumps and after that dump
Trading is not for everyone, but you can still look for the aspect that you best fit in. You should be able to at least invest not just in one coin, but at least four, by dividing your investment capital on all those coins, to reduce your risk level. Traders have their ways to how they make gains.
Sorry for your loss, trading is a function gain and loss, hence, i think that show you experience and to improved more by applying new strategy on your trading, to overcome challenges.
I understand your plight, loosing such an amount within some days is very painful . You need to understand the techniques involved in trading,before you venture into it else you keep lossing
Even if a person successfully trades, large market players can collapse their cryptocurrency asset in price. In the cryptocurrency market, the situation is now very difficult with Altcoins.
I understand your plight, loosing such an amount within some days is very painful . You need to understand the techniques involved in trading,before you venture into it else you keep lossing
Trade will only make you poor if you allow it. 2018 has taught me a serious lesson about holding for too long. I have now learned how to cut my losses whenever a coin I am trading is going down in price. You should employ similar techniques when you are trading so at least when you cut your losses you will not lose too much and thus, won't get poor
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