There is a difference between the coins market and all other markets, We are thinking of a little problem as the coin market are a low time in the market, It's not so long ago that we got it, So we have trouble keeping confidence in it. The market is right, If we can do trading with confidence then we can expect good results
Topic: Trading don't work for me too well - page 17. (Read 1899 times)
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
chances are you still can not master or understand the market conditions and chances are you are easily affected by other people's talk, you should learn the charts and study the existing market conditions and do not forget to learn to analyze new news from the coin you want to buy to determine whether the coin is suitable to buy or not.
Crypto currency have so high volatility everyday , that's show us that on high volatility we can loose a lot like and earn a lot very quickly , but its so high risk , good traders prefer not day trading , they prefer middle long trading from 2-3 week to 1-3 months holding crypto , that's strategy give more profitably then trade in day and have high risk to loose .
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.
one of the common problem in dealing with loss is lack of experience , knowledge and time . You also need to give all of your time to monitor the prices of those coins that you're holding .
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
This is a problem for many people when investing in cryptocurrency and is due to a lack of knowledge of the crypto market. Knowledge is very important and you need to cultivate it more before participating in trading. I spent over 3 months just to learn about them and I was successful in trading. I earned $ 6000 in just 2 months. That was my first preference and I advise you to understand cryptocurrency before investing in them. 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
A lot of people think trading is a good opportunity and a good way to become richer. But this is a risky market that is always manipulated by people who own a lot of money. The market can brighten up at any time to help you make a lot of profits, but it can also flare up whenever you become frustrated and miserable.
You have actually to me answered your question yourself, on the basis/state of being impatience and Ignorancy. As you make your research deeply on which and which coins to go for, and essentially sort past experiences of the past traders of same makes you acquaintance of its knowledge and being skilled on it which shall negate your losses procurement's in the future endeavors. However, never invest all your capital in just an Alt, ensure sharing it among few researched ones. Moreover be courageous to move on.
seem like you haven't get enough skill yet, right?
I think Invest in some project is more profitable and safer, (maybe)
look at every single coin last year, if you take a look at the first time, and invest, almost every penny will get you double at least.
I think that's the best way in my opinion to make profit in this kind of market... still too small to be stable
I think Invest in some project is more profitable and safer, (maybe)
look at every single coin last year, if you take a look at the first time, and invest, almost every penny will get you double at least.
I think that's the best way in my opinion to make profit in this kind of market... still too small to be stable
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.
ahahahaha .. it so sad. but do not despair that the day will come when you will succeed in your trading. try and try until you succeed ..
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
Well, probably if you're not keen on trading, you shouldn't do it. Do you know how we usually say in the crypto world, don't you? Just HODL that is the best strategy
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
chances are you still can not master your emotional state and chances are you also still not be confident because of good trading and in order to get a lot of profits usually they can control the patience and have a very strong confidence.
I don't trade much I'm more of a holder but when I started out with stocks I made numerous mistakes costing me money. Now, for the past 15 years I haven't picked any dogs that had substantial losses. I'm ahead of the game by triple digit percentages. Unfortunatley I think losing money is part of the learning curve. Part of the issue is you are chasing pump and dumps which is all about timing. The other is at this point it's hard to tell which coins will have a future. Good luck, you are paying your dues
Maybe you don't do research bro. Because this is one of the best way to get a potential coin. Yes we know being impatient is not good characteristics of a trader. So you need to be changed your attitude on that and for sure you have chances that you can gain profit if you buy a coin you know potential and for sure if you are noe being patient you will be gain more profit and you will never lose profit.
Patience is the no. 1 enemy of a trader it always there in any kind of volatility but what you need to know that patience itself is not enough and it doesn't mean that if you have it you will never lose. Patience lessens the risk of losing big amount of money and ut is appropriate when you hold a high potential coin but was getting dump hardly. 
Maybe you don't do research bro. Because this is one of the best way to get a potential coin. Yes we know being impatient is not good characteristics of a trader. So you need to be changed your attitude on that and for sure you have chances that you can gain profit if you buy a coin you know potential and for sure if you are noe being patient you will be gain more profit and you will never lose 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.
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 does not work for everyone, it needs your decision and your research so without hard work, I don't think trading is profitable. To earn money from any source you have to do hard work but if you think trading is not your type of stuff then try other stuff like doing projects for Bitcoin are starting your own business by investing some amount of money on websites and Facebook ads.
You are right, it is not working to everybody especially if you the type of person who wants results after some tries, and don't have much patience to wait for a good outcome, we should not be like that or else we will end up losing.
Try again, You can, Learn fundamental and technical
My advice for you if the trading don't work for you then it is better to stop it than experimenting more unless if you still can afford to lose more money.You just buy and hold bitcoin then it will give more profits than trading with ease.
Jump to: