Why did I lose on trade ?? - page 15.

bhadz

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Quote from: ThinkAndGrowRich on December 22, 2017, 12:19:04 PM

Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh

The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

Lucky you if you didn't sold those Ethereum's that you have bought. It's now playing at it's new all time high's so you didn't lose on this trade. But sadly you sold it already, I feel sorry for you man that you did it on a panic. Ethereum is totally crazy now and it's like it's the only last coin standing while almost all coins are facing into a dip, this is a lesson learn for you. Don't ever panic when you see it's price getting low.

Olatunjex

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The mistake people make is that they don't take there time how crypto market works. They want to use forex knowledge to trade in crypto which doesn't work that way. Look for trading material online watch youtube videos before you start trading.

Froloff92

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All crypto doesn't have central price. Price can change fast than we know and you should check all number before replace your money.

shahinurit

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Actually,I am trader Forex market,I have some experience. My point of view, Trading mistakes you're making. Here are some of the mistakes new traders tend to make… You're trading without fundamental knowledge. You need to justify every trade you make. Why did you open that last trade? You need to learn more about fundamental analysis and why markets move the way

goku1525

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Quote from: VALDEMAR PREST on January 10, 2018, 02:59:54 AM

Since I'm a beginner in panic sooner poured the currency. Sometimes when the price falls, I immediately e deduced. Thus lose money! The main thing is patience and to analyze!

In that scenario, we cannot deny ourselves to being panic, especially when we are still a newbie in trading. With every mistake we make is considered as charge of experience, which is we are still in the stage of learning that still gathering more information about trading. But having knowledge about some dump coin is much advantage to determine if this coin has a potential to rise and get high-profit as well.

carodupuis

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Quote from: bamb on January 01, 2018, 09:23:15 AM

You lose on your trade because you because you are a newbie with limited cryptocurrency trading experience. You should get ALGORY.IO token. ALGORY.IO is a trading tool that help trader to trade well and help them prevent avoidable mistakes!

lack of patience and research if have that attitude would not loss again try to be patience and researchful fundamental about cryptocurrency would you like to get in to thats my mentor said always do research and have patience.

I'm also curious why there's always loses whenever doing trading. I am also one of those readers in his forum looking for an answer on how to win in trading. Because I am still new to this kind of business also called the world of digital currency that's why I'm still doing a massive research and study on how to trade.

There are a lot of things which are very important to learn about hen in detail that’s why I’m suggesting to every one before going to join bitcoin study first bitcoin that how it will be started and how to sue because I know a lot of people who are not going to study bitcoin in detail and then as result they lose bitcoin is not here to give us lose its here to give us profit so it’s a lack of information about bitcoin that why we lose.

Look this is simple, what if you are not styling for the exam and you just sit in exams. What will happen? You will definitely not performing well and you will fail it. Same is the case with this bitcoins, even this is more sensitive as your money is one stake. So better is to learn first and then go for this bitcoin trading or investing or anything else. Learn first and then practice well.

Ryanpogi

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For me, because I want to make money for my daily expenses and to trade again if I earn enough. thanks.

VALDEMAR PREST

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Since I'm a beginner in panic sooner poured the currency. Sometimes when the price falls, I immediately e deduced. Thus lose money! The main thing is patience and to analyze!

zemb

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I think that the thing that confused you that time was the price of ETH itself. You should first try to look at the eth price at cex.io. Maybe you sold it at the low price.

slashz9

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I think it is pure mistake you because the price of each exchange site different different should you see the price before selling it as an example price coin x hitbtc market worth 1us while in the market liqui worth 1.5us yah certainly some people will choose to sell it in liqui but in fact the rotation of coins on hitbtc is very large and very different in liqui. that is why you must be careful.

Aprodite

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Quote from: ThinkAndGrowRich on December 22, 2017, 12:19:04 PM

Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh

The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

You should hold the ETH until he or she climbs back. Because every down coin will rise back to its original price or more. Do not panic when prices fall, and stay patient. All coins have decreased in price.

traderethereum

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Quote from: JCLee on January 09, 2018, 06:39:35 PM

Trading crypto requires you to have good knowledge of it, as the trade is likely to be charged depending on the exchange rate, the volume of the market. You should know about trading in the forum before deciding to start trading. Trading requires knowledge to be good and the most important is to control your emotions to avoid making false trading decisions.

not just search on this forum, he can find on the other website so he can add more knowledge about trading. but I remember when I start trading for the first time. I only know that to buy the coin, I need to search the red candle and the minus percentage at poloniex and I think I am lucky because I can find three coins at the same time and I buy without placing the order buy. fortunately, after waiting for one hour, the price is jump and I can make 2x profit Grin

JCLee

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Trading crypto requires you to have good knowledge of it, as the trade is likely to be charged depending on the exchange rate, the volume of the market. You should know about trading in the forum before deciding to start trading. Trading requires knowledge to be good and the most important is to control your emotions to avoid making false trading decisions.

letecia012

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Quote from: djselery on January 09, 2018, 06:22:24 PM

You have to read a lot about trading before trying it, because without good knowledge you will choose the worst coins to trade, and you will sell fastly most likely without making good earning. Some coins have the potential to rise after long time, while others are considered as short term.

trading is like a game of chance for other but for those who have been in trading for a Long time it is a mind game if you are a person who get easily panic you will sold early and you will lost your investment but if you are a person who have knowledge and beliefs in the coin you are investing you will hold and will wait for the correct time to sell for profit in order to be efficient in trading keep reading trading guide online or undergo short term training course to improve your chance of earning in trading

Ronaldcoin2017

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Quote from: djselery on January 09, 2018, 06:22:24 PM

You have to read a lot about trading before trying it, because without good knowledge you will choose the worst coins to trade, and you will sell fastly most likely without making good earning. Some coins have the potential to rise after long time, while others are considered as short term.

People loose on some other ways of gaining for some reason maybe it is all because they are lucking an experience or maybe knowledge on that thing i believe that there would be a way to mame everything fine maybe you zshould do some research and asking a question to those who are already expert on the feild of trading because they know most about it.However i believe that looses is a part of everybodys life we need to learn to acept looses because looses is a part of life.

BerkerPRS

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Quote from: ThinkAndGrowRich on December 22, 2017, 12:19:04 PM

Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh

The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

Did you solve the problem?

djselery

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You have to read a lot about trading before trying it, because without good knowledge you will choose the worst coins to trade, and you will sell fastly most likely without making good earning. Some coins have the potential to rise after long time, while others are considered as short term.

Oilacris

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Quote from: Fredomago on December 22, 2017, 12:30:38 PM

Quote from: b1f1ter on December 22, 2017, 12:24:28 PM

You should look at price on the exchange you are trading.
Cause there are a lot of things, for example the market cap and amount of traders, which can affect on the price.

This is very important you should look on it so you can see how much your money still, and beside its also the first thing that you should know before you sell out your eth if how much would it be so you can still hold and wait never ever sell when you are still at loss.

I also think that never sell your altcoin in loss price or selling price is lower than buying price.
I think you are not patient to hold your altcoin and it makes you sell it in low price.

Well one thing is that you have to always be sharp and observant because s little things and mistakes like this can really set you back real money. People tend to overlook especially for long time traders.

Money would really be always at risk no matter how small it is then that can really cause loss.Patience would really give major affects on each orders we do set. Instances of panic sell or cut loss is common because we dont really like to see on decreasing prices those are common mistakes but later on we do learn up and do know on what to do on next.

marcbitcoins

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Quote from: ThinkAndGrowRich on December 22, 2017, 12:19:04 PM

Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh

The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

Before buying coins you should check the current market price and status for your considetation maybe you buy immediately without checking on it first, but still you can hold it for awhile because you choose the best coins like ethereum in which it can rise up anytime. I just hope you did not sell all you coins immediately due to panic because it will be a sure lose of investment.

CoinboyBebop

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Because trading is nothing for people who are new in to cryptocurrencies and finance. It sounds very easy in theorie, but it isnt. Finding the right time to sell and buy is much difficult and you need a lot of experience for this. So f your new, you can win more with just holding.

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