Topic: Trading sucks, I'll just hold my coins - page 35. (Read 25900 times)

for all altcoins : i have got a successful strategy regarding this is placing very low buy orders. About a week ago a crazy dump occurred, selling off xxxx  coin down to 25% of its value! After a short while the market recovered slightly and anyone who had low buy these low orders could easily double or triple their investment. Placing buy orders requires special care, don’t wake up when you’re far away from the market to find your buy order is suddenly higher than the current market price!

Everyone on youtube is bumping coins they have shares in, I've stopped watching those videos long ago.

To the OP: I hear you man, can't invest anything you're not willing to lose. At the end of the day investing is gambling.

Trading the restricted procure income sans work do diligent work. On the off chance that you don't have any learning of Trading the good thing is to hold your coins in your wallet and offer them just when it's giving you great benefits

If it were so bad there would not be so much trading volume on the market. But I also think holding is better.
Also, statistically, holders have much better results than most traders in terms of earnings, as long as they are holding the right assets.

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!

Yes, it is! Trading is really unpredictable! I am so much disappointed with my trading decision as of this time. Really did not expect that coins will go deeply to the lowest point. Need to wait patiently. Hope to finally get my luckiest time in trading.

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!

for all altcoins : i have got a successful strategy regarding this is placing very low buy orders. About a week ago a crazy dump occurred, selling off xxxx  coin down to 25% of its value! After a short while the market recovered slightly and anyone who had low buy these low orders could easily double or triple their investment. Placing buy orders requires special care, don’t wake up when you’re far away from the market to find your buy order is suddenly higher than the current market price!

You just invested on a bad time. Learn about the market before you invest. You haven't lost anything yet. Just hold your coins and have faith on yourself and trust bitcoin. Don't sell them yet. Just keep that in mind that you haven't suffered any kind of loss as long as you are holding it. You need to take risks when you start investing.

I can't see where it says that his lost was as a result of selling his Bitcoin and you may want to know that losing is equally as probable whether you buy or sell, what to makes any difference, is the knowledge, experience and skills a trader brings to the market and those were explicitly missing out in op's kit. Something newbies ought to take to heart is the fact that trading is an art and takes lots of learning and practicing to get used to.

You made yourself lose money by selling.

You were being greedy and thought you had to cash out or something? Why did you sell and make yourself lose though? What coin was it?

The first rule of trading is to not lose money. If you would just hold for awhile the price would likely go back up.

Yeah, have many type trade for every people, depends the strategy of everyone will helps us have profit with it.
Don't think just only day trader can helps you get rich.