Topic: What was your experience trading cryptocurrency? - page 5. (Read 1231 times)
My first experience wasn't easy and so successful, I have to admit that. But that was years ago, I didn't know much about trading and felt kind of lost in crypto market. With time I learned a lot, especialy on my own mistakes and now I'm much more related and have positive opinion about trading. Of course, I faced losses too and sometimes that wasn't easy to overcome but gained experience helped me a lot.
For experience in cryptocurrency trading, I have traded this coins and find out how volatile these coins could be, to avoid this loses, you as a trader must develop a strategy to trade positive. Although the first time I traded was a laughing stocks because I lost all my trades. But getting the needed tutorials from good traders made me up to were I am today. Now, I can trade cryptocurrency for gains and am into daily trading of cryptocurrency.
I am happy for you because that is such a humble story, from noobie to a pro is what people needs to see because many gets discouraged after they fail at their first try, I really do believe that without experiencing loss, you will not appreciate reaping the profits.
For experience in cryptocurrency trading, I have traded this coins and find out how volatile these coins could be, to avoid this loses, you as a trader must develop a strategy to trade positive. Although the first time I traded was a laughing stocks because I lost all my trades. But getting the needed tutorials from good traders made me up to were I am today. Now, I can trade cryptocurrency for gains and am into daily trading of cryptocurrency.
Unfortunately, I was unlucky. And my experience was unsuccessful.
At first, everything went smoothly and even promising, but in the end, one wrong step broke the strategy. It is enough to get on the scam company once to break the entire business model. Fortunately or unfortunately, you can build different strategies, but the main two are based on either speculation or chart analysis.
In most cases, I tried to stick to the second strategy. So you can at least try to anticipate the market. But like I said, one wrong step and you're out of the game.
At first, everything went smoothly and even promising, but in the end, one wrong step broke the strategy. It is enough to get on the scam company once to break the entire business model. Fortunately or unfortunately, you can build different strategies, but the main two are based on either speculation or chart analysis.
In most cases, I tried to stick to the second strategy. So you can at least try to anticipate the market. But like I said, one wrong step and you're out of the game.
Mine was painful. whenever I am starting a leverage trading to be specific, I always win on the first or second day and after that the loss will really hit me hard on the following days and I will just ended-up losing my funds for my trade. On the normal trading, I am just aiming for long term there, but yeah, the leverage trading is risky and I am always losing there. My advice for you guys is just take leverage trading if you have extra money or you are just really good in trading. 
Starting the Crypto Asset trading activity, I started in 2017. I was fortunate because at first, I traded digital currency assets making a big profit. But I had too much passion to make a profit, and finally, I had a big loss in the year 2018. It became a very important experience for me and after that, I continued to learn and patience in trading.
There are many of us that lose in 2018 But what is important is that we have learn is not to trust the market at any time,if we cannot afford waiting then better sell off in small profit than wait for bigger but has big risk also.
I often hear forex exchanges and a lot of friends who advise me to trade on Forex. I don't really know about Forex exchanges and prefer to trade in cryptocurrencies like Binance exchanges.
Why need to Go in forex when we can make it here with Bigger chances of gaining than in Forex? 
Starting the Crypto Asset trading activity, I started in 2017. I was fortunate because at first, I traded digital currency assets making a big profit. But I had too much passion to make a profit, and finally, I had a big loss in the year 2018. It became a very important experience for me and after that, I continued to learn and patience in trading.
I often hear forex exchanges and a lot of friends who advise me to trade on Forex. I don't really know about Forex exchanges and prefer to trade in cryptocurrencies like Binance exchanges.
I often hear forex exchanges and a lot of friends who advise me to trade on Forex. I don't really know about Forex exchanges and prefer to trade in cryptocurrencies like Binance exchanges.
Your experience is painful it was short and Bitcoins were collapsing.
all treaders lost their money that year and they cut that lost will keep trading to 2020.
Trade again for three years, buy small amounts on a monthly basis and you will make profits.
Forks tradnig and bad and bitcoin is less than it
all treaders lost their money that year and they cut that lost will keep trading to 2020.
Trade again for three years, buy small amounts on a monthly basis and you will make profits.
Forks tradnig and bad and bitcoin is less than it
Many people told that the cryptocurrency trading is one of the easiest ways to make and earn more money so there are a lot of newbies making their own trade on this kind of platform having some of the problem today of the newbies are losing their funds which cause a lot of loses and getting more decreasing on their funds. If you are a newbie in trading and win your trade unexpectedly that was good news to you but you cannot escape the losing phase on trading.
conducting cryptocurrency trading without extensive knowledge and experience can in itself cause losses or lose a lot of money, because the crypto trading strategy itself will not be easily carried out by beginners who are new to cryptocurrency.those who speculate that cryptocurrency trading is the easiest way to make money, it is only intended for those who already have a broad trading base and experience in this industry
Many people told that the cryptocurrency trading is one of the easiest ways to make and earn more money so there are a lot of newbies making their own trade on this kind of platform having some of the problem today of the newbies are losing their funds which cause a lot of loses and getting more decreasing on their funds. If you are a newbie in trading and win your trade unexpectedly that was good news to you but you cannot escape the losing phase on trading.
In trading, knowledge is the most important thing you must have and it is better to keep updated about things happen into the world of crypto especially the coin you want to use to be more aware if there is a possible going uptrend or downtrend. Also, it is better to use the properly fit trading platform on you IMO I used the binance. Also having knowledge on the market graph makes you more help about the possible outcome of the coin next is the use of the margin trading this is the riskiest one if you lose your trade there is a chance to lose on your funds because of the margin trading set the leverage that you can afford to earn.
In trading, knowledge is the most important thing you must have and it is better to keep updated about things happen into the world of crypto especially the coin you want to use to be more aware if there is a possible going uptrend or downtrend. Also, it is better to use the properly fit trading platform on you IMO I used the binance. Also having knowledge on the market graph makes you more help about the possible outcome of the coin next is the use of the margin trading this is the riskiest one if you lose your trade there is a chance to lose on your funds because of the margin trading set the leverage that you can afford to earn.
Yes, it's very sad if we get lost in trading because that will be a bad experience for us. But if we can get the lesson, and we know how to prevent the other mistake, that will give us more experience in our trading journey so we can avoid making another mistake. I am sure that almost all traders make a mistake, and they lose their money while trading but I think that can make them wise to decide. If they can have more experience, they will know when the time to trade, and they will be careful to manage the risk.
For trading one need to have a skill in trading and he should know all the terms and logic used in trading. I have seen people start to trade without even knowing what is stop loss. How can they be successful if they do not know these basic things ?
When I started trading, I also did not learnt it properly due to which I made heavy losses in trading.
If you talk about my experience in crypto trading, of course, the story will be very long. Like most people I started to get serious
crypto trading in 2017, when cryptocurrency was at its peak. Even bitcoin reaches an all time high price, at that time I also felt the
biggest profit during my crypto trading. Unfortunately now crypto trading has not yet risen like when in 2017. Hopefully in 2021
as predicted by many people cryptocurrency will rise again, and all of us can feel a big profit again.
crypto trading in 2017, when cryptocurrency was at its peak. Even bitcoin reaches an all time high price, at that time I also felt the
biggest profit during my crypto trading. Unfortunately now crypto trading has not yet risen like when in 2017. Hopefully in 2021
as predicted by many people cryptocurrency will rise again, and all of us can feel a big profit again.
Until now I have continued to learn since I started trading around 2015. I learned a lot about losses, profits, managing emotions, managing strategies, etc. Every trading experience is a very valuable experience. I lost a lot in 2018, it made me worse. I lost my confidence in trading, a few weeks only regretted the mistake I made. I am fortunate to have a wife and friends who are always supportive so that I can come to terms with the loss, and start all over again.
So, trading is not easy. The crypto world does provide opportunities, but remember, this isn't all about profit. If you are ready to profit, you must also be prepared to lose.
So, trading is not easy. The crypto world does provide opportunities, but remember, this isn't all about profit. If you are ready to profit, you must also be prepared to lose.
Been trading for quite a while now and it took me time to get to where i am today coming from a noob in trading. Trading cryptocurrencies was one hell of an experience for me .
The first cryptocurrency i traded back in late 2018 was bitcoin and i lost a whole lot of money trading it. I guess i didn't learn enough about the crypto market and the volatility involved before delving into it
.
Ever since then, i picked another instrument of choice. I went into the FOREX trading. I plan on coming back into trading cryptocurencies but for now i'm still learning about the crypto market.
It was a painful experience though
What was your experience ?
I have no experience in trading as such (of course I understand all this) but to make it a daily occupation, it does not come to this. Also, I do not understand people who advise everyone to study and study but not to trade. I personally think that you need to trade constantly and learn at the same time. This is the only way to learn something. Moreover, those books that were written by traders are no longer relevant as a rule. Therefore, you need to learn on the go. . The first cryptocurrency i traded back in late 2018 was bitcoin and i lost a whole lot of money trading it. I guess i didn't learn enough about the crypto market and the volatility involved before delving into it
. Ever since then, i picked another instrument of choice. I went into the FOREX trading. I plan on coming back into trading cryptocurencies but for now i'm still learning about the crypto market.
It was a painful experience though
What was your experience ?
I joined Crypto Trading in 2016, I had my first trading currency, PKt which I still trade, but the best part is that I have never lost a day in trading, because I mainly trade long time, and this is my Success I have kept the current trading stop, now I have held some currencies, I hope the currencies I hold this year will give me something good, so I have stopped trading, inshaAllah I will start again in 2021.
Trading is not my specialty but from the little that I have learned from friends buy into potential coins when they dip and sell it off when they increase in value. This rule of thumb would save you from pumps and dumps. In addition, buy into coins that have good use cases and have developed products too.
Cryptocurrency trading is very difficult because many times we have seen that in a day or 10-15 minutes It fluctuates a lot. This is why many people buy a coin out of fear and see the loss in a very short time and sell it. Here they make a big mistake which is not seen in the forex or commodity market. But after a few days or months, it is seen that if he had saved the asset, he would not have made a loss and would have gained some. For those who are new to cryptocurrency trading, they should at least gain experience by trading in the Forex or local stock market, then some brokers offer demo trading, Cryptocurrency should be traded after trading in all these brokers.
I always advice my friends not to trade on any coin the see. Their are coins that worth trading on immediately while their coins that requires time and patience before you can decide to trade on them. The only problem my friends have is ''FOMO'' they're always in a hurry to trade and it's affecting them tremendously
I believe that if you're good at it you can trade anything. Some coins are simpluy not worth trading because they continue to go down. You need to first decide which coins have the potential to go up. Some altcoins had its boom and since then continue downward despite a general consolidation trend on the crypto markets.
My personal experience was positive, but now I'd rather hold than trade. I'm the kind of guy who can't trade for a long time or will face insomnia and some other health problems. Trading burns me out.
I always advice my friends not to trade on any coin the see. Their are coins that worth trading on immediately while their coins that requires time and patience before you can decide to trade on them. The only problem my friends have is ''FOMO'' they're always in a hurry to trade and it's affecting them tremendously
I love trading cryptocurrency but when i am newbie in cryptocurrency trading system. Than i have lost about $2,500 in another new token. This is a big lost for my future fund and i offset about this trading for new token. But for a long time I didn't have to think about those $2,500. I following the trading instruction and trading signals and I started researching about Bitcoin, Eth, Waves etc. In the end i achieve success and i recovered my $2,500. In my own opinion, this experience will help me for my future trading.
Jump to: