Just my opinion and way of thinking the answer is it depends and you really have no way of telling it. Remember that the sellers are the one putting up the asking price and they dictate what price they will sell their cryptocurrencies for, if they are selling below the price they have bought it then they'll definitely lose money but if they are selling above the price they have bought it then he didn't lose at all. The same thing can be said when you are on the selling side, you cannot really tell what happens next after the buyer have matched your offer. Even if you see it fall right after you sell you can really never know if the ones who bought your crypto have cut their losses, have somehow profited, or even have hodled it to sell in the future when prices are higher.
The thing is you don't need to think what has happened to the one who have matched your offer with as they are the ones who will dictate if they will win or lose in the market, this isn't really a someone wins while the other one loses scenario.
Topic: When you win does someone else have to lose. - page 6. (Read 831 times)
This is how the trade keeps on moving. If everyone wins, then this isn't trading. Only through this process exchanges can profit apart from the trading fee. When a trade is marked successful one gets the asset for a specific value and another person sells the same for specific price. Here I don't mention it a win or loss, because both have different perspective on profiting through the same asset.
I don't care who's on the other end of a trade. If it's going to mean there's no insulin for Junior then they shouldn't be there.
For all I know the alt I buy for $10 from someone might have been mined by them for 1c in electricity years back. If I sell it for $50 a few weeks later then the buyer may be able to sell it for $100 the next day or $1000 in a year or two.
It's an endless game of musical chairs and everyone's risk is their own problem.
For all I know the alt I buy for $10 from someone might have been mined by them for 1c in electricity years back. If I sell it for $50 a few weeks later then the buyer may be able to sell it for $100 the next day or $1000 in a year or two.
It's an endless game of musical chairs and everyone's risk is their own problem.
Whenever I trade and make a profit, does someone else lose?
For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.
My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking?
For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.
My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking?
Short answer: on average, in long term ranging markets (which is probably most markets), yes. Winners are taking their profits from losers.
Long answer: it depends. Take Bitcoin or the S&P 500 for example. These markets since their launch have always trended upwards. That means on average, every buyer is able to sell higher. But it all boils down each trader's cost basis and when he actually decides to sell. Even if you sell the top and someone else buys the top, he may be able to sell higher if he holds long enough.
but I really think that this is not of your fault or just a coincidental thing
It is part of trading, it's not our problem if others are losing in trading that's the nature of it. We are aware that some are panic selling and cutting losses so it's really a very normal thing when someone is trading not just for crypto's but also in stock markets.We feel sorry for those who trade at a very wrong timing but that's how life goes. Did the first traders did even thought about this before? I don't think so.
Maybe yes, or maybe no, if you sell your LTC let say for 0.02 btc and you buy it before for 0.01 btc, you have a profit or 0.01 btc and who buy your LTC pay 0.02 BTC and who buy it wait and sell after LTC grow to 0.025 BTC he make a profit of 0.005 BTC and no one lose on this case.
Ofcourse , thats how it works . Lets say you Long Bitcoin with 100k USD and bitcoin doubles . Where do you think you will get that other part of 100k USD ? The ones that shorted bitcoin and lost because of the BTC value went up double . Exchange just keeps like 1% of the sum .
A loss is part of the human experience, We can not say that if you win in trading there would surely be someone that is gonna loss but I really think that this is not of your fault or just a coincidental thing, I think that in trading in will include all of your research and waiting that you will surely win in it, but if this is about gambling then I think that if there are people that are winning then there are people that are also winning the edge will surely random pick it and it will all base on luck,
Whenever I trade and make a profit, does someone else lose?
For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.
My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.
For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.
My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.
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