Topic: Trading don't work for me too well - page 16. (Read 1899 times)
I think all of us suffering from this situation. I also lost some money trying to become successfull in trading but sometimes failing. Just started my self to Keep my attention on the market and which coins have most market growth then before buying i read some post about particular coin here in bitcointalk. and if you have your coin keep it on hold and be patient
Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
I really like trading sometimes it happens very short and long.If you are impatient I suggest you try this one method.
When the price of a certain coin goes down and is balanced you buy as much as possible the coin.
be patient and look at the price when it rises a little higher than before you immediately sell and see how much your money, even if the results are a little kick done every time your money will become a hill.
Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
I think the best for you is just to hold your tokens and wait for a good time for your investments to get profit. This they called a long term trading in this way you can reduce you lose of money but take a long time but sure cash in one shot.
If you want a well balance account as a day trader you should definitely have these type of holdings by splitting your total account up. It will make more sense after you read the rest of this article and put the pieces together.
Trading can sometimes be hard because the market doesn't always give us want we want to happen because your prediction will dump but it dumps so look out for that.
Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
hold, is a strategy that is perfect for someone like you ,, if possible you get the price of the coins you invest fall ,, you should be able to forget the coin ,, do hold for you to sell in the future .. and do not ever try to gamble ,, because you has impatient and out of control characters, so it will be bad for you Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Don't get into something that you don't know, you have to research and study something that you might be interested in. Even Bitcoin trading have webinars and insights from experts. Try spending time looking or watching it. Be patient.
Patience is the key to making money in trading, if you don't have control over your feelings then you will not become a good trader. i am doing crypto trading for last couple of months but i am also in loss now, and i am not taking any wrong decssion i am waiting for good time to make money.
Don't be discouraged if your lose some transactions, It will serve as your experience that it the future you can now decide what is right decision for your investment. Also think that it was part of the business industry to lose, it is normal. You need to stand up and pursue your dreams, perhaps in the near future, you will be a good trader.
I have too many users using technical analysis from forex. Actually they use and bring in not much effect. We have too many pairs of transactions and very low volum. The market is governed by many factors, investor sentiment and shark's dynamics. I do not mention the adjustments from the government.
Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
Don't get into something that you don't know, you have to research and study something that you might be interested in. Even Bitcoin trading have webinars and insights from experts. Try spending time looking or watching it. Be patient.
Not only for you trading work too well. The main reason what I identify is we are not able to focus on trading session where we want to take the decision immediately as per the market sentiments where every minute it changes. Only thing we need to do in trading to do well is give more time for it and for sure there will be better result which give gain in every trading sessions.
Many people who want instant results when trading, but we should be able to wait at least a year, although this is trading, but unlike trading in forex, trading cryptocurrency takes time and patience.
Being patient is the very best characteristic for a trader unless or until you develop this character you might have to face the loss. If you are new to trading then start trading with the small investment which will give you small profits but you can gain much experience, even if it goes wrong it leads to, minimal loss only which is bearable. So unless you are so confident and strong with the wise knowledge of trading dont enter into large amount investment where you might face big loss.
Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
in every trade is not an easy thing. if you really want to trade then you should be prepared with consequences that are likely to be accepted. if you want to be better in trading then you should be more patient, and meticulous in running the trade. that way you are likely to get a big profit. in trading should you add insight and seek information about good trade, and it will be useful for yourself. so that in the future you will not lose any more coins.
Just be hodlers if u could not outperform the market. Buy it and forget about it, come back a few years later and see the market grow.
this may not be what you want to hear , but maybe trading isn't for you. like you say yourself you are impatient , which is a bad trait to have when you are trading. you really don't want to trade on emotion. if you make a bad trade you have to choices , to hold or to sell and both can be right. this is what will make you a good trader. if you are able to take your losses or know when to keep hodling.
Yes, the op admits himself in his own words to be ignorant and impatient and that is a very difficult and dangerous combination if you're a trader just one of those characteristics can make you go bankrupt those two characteristics put together are simply terrible there is almost no chance of success so the best thing to do is to just stop trading begin to learn and try to find ways to be more patient. 
Have lost so much money on coins that doesn't work well for me. I know I'm being impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
How did you lost that much money? Buying high and selling low because of panic?
You would not lost your money if you did not sell it at lower price than when you bought. The key is keep being patient by holding your coins, if you want to do cut loss then you should do follow up to recover your lost. Doing cut loss only with no other actions = BIG LOSE.
Being patient by holding it longer also sometime not work because of wrong choice.
Holding for long term not suitable for all coin because many coin is just fraud to collect their popularity
You have answered what you need to do. Impatience is not a tool when it comes to trading as you need to be patient so you can have a good profit rather than losing your money that would go in vain. If you believe that that coin is a total success, then you need to ignore you have invested in it.
Come back to it when its price rises. Long-term holding is really beneficial for you because first it teaches you how to be patient, and second because you will be awarded for it when you acquire a good profit.
Trading is that’s why said not be everyone’s cup of tea. Those people who have serious issues of anxiety, stress and lack good command over nerves should stay hundreds of miles away from trading. Trading is not there for anyone who simply knows the principle of buying low and selling high. It needs a lot of experience, skills and knowledge in practicing this strategy in reality. I will suggest everyone for practicing trading with small amounts in the beginning. Come back to it when its price rises. Long-term holding is really beneficial for you because first it teaches you how to be patient, and second because you will be awarded for it when you acquire a good profit.
You have answered what you need to do. Impatience is not a tool when it comes to trading as you need to be patient so you can have a good profit rather than losing your money that would go in vain. If you believe that that coin is a total success, then you need to ignore you have invested in it.
Come back to it when its price rises. Long-term holding is really beneficial for you because first it teaches you how to be patient, and second because you will be awarded for it when you acquire a good profit.
Trading is that’s why said not be everyone’s cup of tea. Those people who have serious issues of anxiety, stress and lack good command over nerves should stay hundreds of miles away from trading. Trading is not there for anyone who simply knows the principle of buying low and selling high. It needs a lot of experience, skills and knowledge in practicing this strategy in reality. I will suggest everyone for practicing trading with small amounts in the beginning. Come back to it when its price rises. Long-term holding is really beneficial for you because first it teaches you how to be patient, and second because you will be awarded for it when you acquire a good profit.
Have lost so much money on coins that doesn't work well for me. I know I'm being impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
You didn't mention that you're an idiot. Be sure to add it in the OP. So what do you expect people to tell you? You say you're ignorant, it is not like you give a shit about what people will anyhow say.How to get better :
- Don't be an asshole and ignore all important information.
- You lost because of panic selling? Ever wonder why prices fall?
- Learn to control your shit.
- You can stop with trading if you don't want to listen to anybody which by the way you shouldn't but still you're approaching people for advice in trading, out of everything else. Good for you.
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