Topic: Trading sucks, I'll just hold my coins - page 14. (Read 25900 times)
holding coin have high risk, so you have to choose the right coin to hold like Neo, Eth, Etc..
Don't trade if you don't have the guts of taking up the risk better stay at holding out your coins. Before I'm afraid of doing some trades but now I'm into holding my bitcoins and also at the same time I'm do day trading. It's enjoyable and fun in my side because I'm learning with new methods of reading the market and this is really an effective way of growing myself.
That's right! Don't trade if you don't want to take the risk of losing your coins. For me, I like trading because I like the adrenaline rush when trading and it makes me not be bored by facing the computer all day. Even if I am losing at times, I know that I am learning which can help me in deciding for my future trades. Only those who take up the challenge to aim higher would be able to trade. I am holding some coins too because I don't want to worry when I am on the losing side because I still have some coins intact in case the trade would be a bad one.
Too many people complaining about the risk. In real world, when it comes to investments like stock market, businesses and other profitable activities where you had to put money there is a risk. But if you keep on falling, you just have to quit. And what's good about crypto's or to be specific with bitcoin, when you aren't too good in trading of alt coins or by being a day trader, you can just simply stay as a holder.
Don't trade if you don't have the guts of taking up the risk better stay at holding out your coins. Before I'm afraid of doing some trades but now I'm into holding my bitcoins and also at the same time I'm do day trading. It's enjoyable and fun in my side because I'm learning with new methods of reading the market and this is really an effective way of growing myself.
That's right! Don't trade if you don't want to take the risk of losing your coins. For me, I like trading because I like the adrenaline rush when trading and it makes me not be bored by facing the computer all day. Even if I am losing at times, I know that I am learning which can help me in deciding for my future trades. Only those who take up the challenge to aim higher would be able to trade. I am holding some coins too because I don't want to worry when I am on the losing side because I still have some coins intact in case the trade would be a bad one.
You should keep if the altcoin you invest really has potential or it is new to the trading floor. As the new altcoin is less affected by the market and is likely to increase prices. But if the altcoin you invest in the next time there is no good event then you should think to sell.
haha, It depends on your coins. What happens if your coin trends is falling down. Holding is just suiable for Bitcoin or big altcoins
Trading is really complicate,
very dynamic and almost unpredictable.
I don't like it.
I also prefer HODL.
very dynamic and almost unpredictable.
I don't like it.
I also prefer HODL.
That strategy is up to you. You can decide whatever you want to do with your bitcoin, whether to buy, to sell, to trade, to mine etc. As long as you earn , keep that up.
Before jump in to trading should be learn about risk management and money management first, like should be decide first amount of stop loss and take profit. Because fluktuasi of crypto market too high. Then for the money management should be use only money willing to lose to trade, like only 10% of total Bitcoin and buy minimum 3 different coin and for now for the better do short trade because price of Bitcoin strong bullish.
that is why i never do trading because it is very risky you are not sure if you will get profit or all you get is nothing..that is why i just hold my coins as long as i can but maybe soon i will go trading but i will make it sure it is profitable
Don't trade if you don't have the guts of taking up the risk better stay at holding out your coins. Before I'm afraid of doing some trades but now I'm into holding my bitcoins and also at the same time I'm do day trading. It's enjoyable and fun in my side because I'm learning with new methods of reading the market and this is really an effective way of growing myself.
I think everyone falls for the trap in thinking that they can just jump right in, buy low and sell for high.
The sad reality is that 90% of people end up just having overpriced coins that are useless.
Despite my spending hours and hours researching Technical Analysis, reading news about coins, etc, etc... I've still lost money attempting to make a quick buck day-trading.
The optimal strategy that I've chosen now is just to invest in what I truly believe in. I only risk what I can lose but if a coin I hold goes down, I don't worry because I believe in the intrinsic value behind the coin.
This is just the beginning my friends...
The sad reality is that 90% of people end up just having overpriced coins that are useless.
Despite my spending hours and hours researching Technical Analysis, reading news about coins, etc, etc... I've still lost money attempting to make a quick buck day-trading.
The optimal strategy that I've chosen now is just to invest in what I truly believe in. I only risk what I can lose but if a coin I hold goes down, I don't worry because I believe in the intrinsic value behind the coin.
This is just the beginning my friends...
Hahaha yes, too easy to say to buy low and sell high but it's too hard to do especially if you're just starting with trading. You lose $1k? That's too much in my country too, I think you're decision to hold is somehow right because you risk too much already plus your laptop is broken haha ~ additional loss
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.
I though I can trade. Buy low, sell high. Sounds good, doesn't work.
Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1
So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.
So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.
Cheers!
actually thats one big decision for you,but the great thing for investment tooI though I can trade. Buy low, sell high. Sounds good, doesn't work.
Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1
So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.
So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.
Cheers!
Many traders end up losing their funds because of quick money,expecting to gain instant
While we really cant tell what will happen tl the coins were buying so for me like what you
Did Long Term investment is the key to make good profit here and less stress.
Goodluck for your investment hope you will succeed
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.
I though I can trade. Buy low, sell high. Sounds good, doesn't work.
Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1
So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.
So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.
Cheers!
That's the spirit bro! Never give up and make all mistakes and experience as a stepping stone to be a successful trader someday. Those who do not quit will eventually succeed.I though I can trade. Buy low, sell high. Sounds good, doesn't work.
Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1
So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.
So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.
Cheers!
Don't lose your hope brother.if you're newbies in trading its part of it to lose some profits but that's not reason to give up.but stil you've learned your mistake and try it again.Their so many traders same like your experience. And if you improve your skill in trading you will take advantage by other newbies someday.good luck bro.
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.
I though I can trade. Buy low, sell high. Sounds good, doesn't work.
Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1
So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.
So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.
Cheers!
Trading is really not easy job! I know that you are also experienced struggled in the trading. You must improve your strategy and your tactics for you to earn big amount of profits. I though I can trade. Buy low, sell high. Sounds good, doesn't work.
Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1
So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.
So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.
Cheers!
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.
I though I can trade. Buy low, sell high. Sounds good, doesn't work.
Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1
So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.
So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.
Cheers!
I though I can trade. Buy low, sell high. Sounds good, doesn't work.
Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1
So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.
So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.
Cheers!
Don't lose your hope brother.if you're newbies in trading its part of it to lose some profits but that's not reason to give up.but stil you've learned your mistake and try it again.Their so many traders same like your experience. And if you improve your skill in trading you will take advantage by other newbies someday.good luck bro.
Maybe because your trading strategy is wrong or bad that is why you are losing your money. Change your strategy and learn from your mistakes.
Trading does not suck but I know how you feel towards your loss. It's also one of my mistakes when I'm still new and now I'm getting smarter and more careful because the good thing about this forum is you can get the useful ideas and tips here about trading which I am applying until today.
that is why i never do trading because it is very risky you are not sure if you will get profit or all you get is nothing..that is why i just hold my coins as long as i can but maybe soon i will go trading but i will make it sure it is profitable
I think if you are not proficient do not invest too big, if you want to play it safe you better buy bitcoin or ETH then sell it when the price goes up. because as you say pro traders know when to buy and sell their experience is a lot, well if you want expert trader you have to have a lot of experience.
That's like investing but relly on luckyness I guess, but I must agree with you, just invest instead of trading if you don't sure. as you can see that the price of all these cryptocurrencies always increasing day by day already give us a clue that by investing it will eventually bring us pretty decent profit so why bother to always watching the market doing buy and sell while by doing that only give us high risk low profit.
Yeah i've given up trying to day trade bitcoin as well. It's so bullish that if you don't have at least 1 whole bitcoin, it will be very hard to make some decent gains. Before you know it, BTC is already way up than what your originally sold. Bitcoin will punish you if you sell and try to short it. Just HODL and cash out only if you really need to. Bitcoin is really reaching for the "moon."
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