Trading don't work for me too well - page 2.

KenChanYu

hero member

Activity: 1139

Merit: 500

Quote from: Zadicar on May 05, 2018, 01:26:26 PM

Quote from: Jesabela04 on May 05, 2018, 01:18:57 PM

Quote from: cydrix on March 05, 2018, 12:03:39 AM

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

Just don't lose hope. Trading is not a one click success and there are hindrances and failures along the journey since we all know that crypto is volatile. However, your experience would provide you lessons that would help you succeed in trading. Your failures would teach you to do better.

On where most experienced traders would say. Mistakes would really be the best teacher on all sorts of things we do engage on.If we do commit such mistakes then take it as a lesson and dont regret or to be afraid to proceed because on next encounter you would really be aware and as you make trades you will really enhanced yourself as the years goes by.Just dont lose hope and have really patience because it is really require to sustain yourself into this very volatile market.

Trading carries some degrees of risks. It requires you to gain knowledge and experience to be a wise player in the game of trading. It's helpful if you start reading articles or books or watching trading videos. It's not always good to rely too much on others, because they too have their own goals to focus. Find a trading method that works for you, and stop comparing it with others. What works for them may not work for you, and what works for you may not work for them. After all, it will be you who will determine your own success.

Johnny Lgz

newbie

Activity: 84

Merit: 0

We have different kind of personalities and if you are not train or you don't have experience on certain things you often fails on it, I think you only need to learn more about trading, keep researching on things to consider on trading, how to know it is time to sell/buy strategy and if you think you are ready then give it a try again.

mig5000

sr. member

Activity: 324

Merit: 250

I did not like to trade at the beggining, because it is more than difficult if you do not get a clue of how the hell it works.

anyway, i like to trade and it is funny to do it sometimes, but just like a hobby, nothing more.

billykannithi

member

Activity: 330

Merit: 12

Quote from: LuvCyanide on May 05, 2018, 02:25:01 PM

It is necessary to have good patience when you trade in the market. Sometimes you have to wait for the currency to grow in order to make a profit.

You need to learn so much knowledges and use it with the patience to make the profits from the crypto market.
The crypto market is the hardest market to make money if you're not having enough requirements to survive with it.
It's the most profitable market , yes , but it's also the most dangerous market because you won't know what will happen.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

To my opinion trading is not for everyone and not everyone has the potential to be successful trader.
It takes skills and knowledge, experience and a bit of luck. And sometimes a little more patience because often people expect to see profit immediately and in big sum.
So don't give up too soon but also you have to know your limits and when is the time to quit.

LuvCyanide

member

Activity: 252

Merit: 11

Decentralized Digital Billboards

It is necessary to have good patience when you trade in the market. Sometimes you have to wait for the currency to grow in order to make a profit.

Zadicar

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DGbet.fun - Crypto Sportsbook

Quote from: Jesabela04 on May 05, 2018, 01:18:57 PM

Quote from: cydrix on March 05, 2018, 12:03:39 AM

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

Just don't lose hope. Trading is not a one click success and there are hindrances and failures along the journey since we all know that crypto is volatile. However, your experience would provide you lessons that would help you succeed in trading. Your failures would teach you to do better.

On where most experienced traders would say. Mistakes would really be the best teacher on all sorts of things we do engage on.If we do commit such mistakes then take it as a lesson and dont regret or to be afraid to proceed because on next encounter you would really be aware and as you make trades you will really enhanced yourself as the years goes by.Just dont lose hope and have really patience because it is really require to sustain yourself into this very volatile market.

Jesabela04

full member

Activity: 540

Merit: 100

BountyMarketCap

Quote from: cydrix on March 05, 2018, 12:03:39 AM

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

Just don't lose hope. Trading is not a one click success and there are hindrances and failures along the journey since we all know that crypto is volatile. However, your experience would provide you lessons that would help you succeed in trading. Your failures would teach you to do better.

YoungMaster

full member

Activity: 462

Merit: 100

MYCRYPTOBANK.IO

Just don't give up, you have to keep focusing on building an experience in trading, then learning the basic knowledges of the trading and be patient are also the important things in trading.

alvinmtp

hero member

Activity: 658

Merit: 505

Everyone has their own ups and down when it comes to trading and I think its not actually all your fault. Trading is very hard because everything is unpredictable. Some predictions might be correct but none of the or just few are accurate but no assurance in every investment. As you have mentioned your flaws, you seem to say you can not overcome them and that may further cause you more loses so as an advice try to put yourself in another direction. There is more than just trading. cryptocurrencies are very flexible and you can find different ways to make more out of it.

Leonard2016

hero member

Activity: 1036

Merit: 520

I would say that if you asked me when I was a newbie , I was impatient and wanted to get rich in a single night Grin

Now i have understand that trading is a business , It is not like gambling , It is not get rich in one night , It needs time and self control.

elbimbo012

full member

Activity: 476

Merit: 108

Quote from: cydrix on March 05, 2018, 12:03:39 AM

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

Newbie traders usually encounter same experience of what you did because of their greed to earn quick profit they usually invest to more speculative coins which they think can give them high return but usually opposite outcome was what they get. just keep this as your learning experience and continue read basic trading books to develop and improve your trading skills

JackdunR

newbie

Activity: 196

Merit: 0

Due to your lack of practical experience, you lack experience in the Crypto market. Learn more and be careful. In this risky market, if we are wrong, we will lose everything.

ausbit

legendary

Activity: 1330

Merit: 1019

Not everyone are successful at the start, it can take like about three years for some people. When I started, I was forced to quit several times due to things were very difficult and Bitcoin and crypto investment wasn’t as easy as many has said it is, but whenever I quit I still come back at last.

I kept on doing this for two years and getting the third year things started to get more better, the fourth year it got even more better now and now I’m earning a lot of money from this. I just thank God I didn’t quit but continued despite everything that happened. So I will suggest you give it another shot.

BitcoinNational

legendary

Activity: 1470

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Join The Blockchain Revolution In Logistics

If you really want to keep trading, don't trade now. as you tell yourselft you're ignorant, so do your research, read a lot, look at what happens now. When you'll be more confident start trading again but limit the money you trade.
Otherwise, you can also buy and hold. with smart investments, you can make good profit too

elbimbo012

full member

Activity: 476

Merit: 108

Quote from: cydrix on March 05, 2018, 12:03:39 AM

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

Once, when i was a newbie i almost experience same situation of what you did. i keep buying hit coins that are bein hype and i end up lossing in the end cause I don't have enough trading experience during those time, although i lossing my investment but it serve as an eye opener to me that in trading we have to control oir emotions and don't rush when trading always be patience. i hope this would be a good lesrning expereince to you so you may earn profit the next time you do crypto trading.

fiomcorka

sr. member

Activity: 496

Merit: 254

Quote from: Legwist on April 30, 2018, 10:35:00 PM

I think trading is all about patience. This is not easy for impatient person because I know your feeling. 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. And don't panic when the price of coins goes down. and try to hold.

Trading is no doubt the mist beneficial thing to do but it is not possible for all of us to do well in trading and that there are so many traders who quit doing trading just because of the reason that they find it difficult to make some good earning. However, if you are not comfortable with trading, then you need not to spend your energies into it and that you need to look for some other way of making money.

campica

full member

Activity: 645

Merit: 145

I think that there are too many people who are losing their money with trading. That job isn't for everyone especially if you do take that for full time job. Rather do something else or just invest money that you can forget. I'm amateur trader and I can say that I'm pretty successful with trading altcoins. I started with money that I earned on bounty campaign and last 2 month I'm earned x3 of that amount.

febryza

member

Activity: 104

Merit: 10

CryptoCurrency

I also find the same problem like you were. But i use the longterm investment strategy in trading though need enough long time to get profit, but it is better than you lost all of your money to trade. The analyzing skill also needed when you trade, dont try to trade new token or altcoin if you were newbie in trading world. Better to search the information about altcoin that you want to trade.

Souldream

legendary

Activity: 1110

Merit: 1000

Quote from: MRY on May 03, 2018, 10:12:29 AM

to do the trading takes carefulness in analyzing the market, you must know when to buy and when the right time to sell, if you are wrong in making a decision then you will lose and lose your money

Not everyone has the luck to get trading suit for them so instead of get a profit they end up losing. Well, it's all up to how a trader gonna play it wisely. It didn't only required you a knowledge about bitcoin, about crypto world, about digital currency or about trading sometime it takes time to make your own formula on how to get a successful trading since it also requires you a self experience on doing trading alone because experience is the best teacher they said.

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