Topic: Why did I lose on trade ?? - page 17. (Read 2466 times)
As like any of us experienced , losing some trade is just normal on this industry. The volatility of the coin is not in our control. We can only lessen the risk by holding until it comes back again or when its value increases , sell it.
Out of problem of exchange, you need to understand that trading is a zero sum game: if you win in a transaction, someone loses, at least in termen os less gain.
So, losses are part of the game. That's all.
So, losses are part of the game. That's all.
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... 
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
The important price is the one your exchange is offering, the price on exchanges vary wildly so you need to look at what price you are buying and at what price you are selling and also you need to look at the fees you are going to be charged. The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
Biggest reasons you will lose from a trade are from just poor research and crypto chart knowledge and also from bad patience and also the fees. You can still trade for profit but not net anything because of commission fees.
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.
you have lost on a trade, this is normal, you will learn from your mistake and hopefully you will not do the same thing again
I hope that he can learn from his mistake so in the other chance, he can make a profit and even he can recover his money. it is difficult to make a profit from trade if we don't know anything or our knowledge is not much. but if we want to learn more about trading then I am sure that we can increase our skill like other people and in the end, we can make our profit too. but even we have high skill in trading, there will be a time for us so we can make a big profit.
you have lost on a trade, this is normal, you will learn from your mistake and hopefully you will not do the same thing again
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.
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
That is the risk of trading. I think you should find information about the coin you are tradingkan first or that you think will be profitable for you, and you should monitor if you want to make a profit. The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
Maybe at the time you were selling, the price keep declining. Which make you lose on trade. Crypto is very volatile, better watch out man. Cheers !
Because of the fees and that fact that u have not the patience to wait at least several days
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
Price can change fast than we know and you should check all number before replace your money. Besides that, every exchange has their own rules about fees, price gap and also sensitivity about news. Your take profit too close with open position, analyze again to find the right point. Loss is natural but you should find what the problem and fix it. As trader/ investor we must have knowledge, patience and can accept real market answer. It's just beginning, you should try again with better strategy. The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
Selling after 5min u bought wasnt a good decision even ETH sideways or increase bc selling price is always lower. Keep an eye on selling price, be a little patient until its selling price got more than 4k EUR then sell.
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.Cause there are a lot of things, for example the market cap and amount of traders, which can affect on the price.
patience ofcourse .daytrading is a most risky profiteering here in cryptoworld.what mates have
said is the accurate reeason wwhy you loss upon trading wwwhen you thought earning is what
you have
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
Selling after 5min u bought wasnt a good decision even ETH sideways or increase bc selling price is always lower. Keep an eye on selling price, be a little patient until its selling price got more than 4k EUR then sell.
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
You trade in exchange A but you see the price in exchange B, it is not good habit so you need to throw it away from your trading activity.
You loss your money because you said the price drop so when you sell it of course you will get less money. Just hold till tje price up then sell it. Dont ever sell if buying price is higher than the recent price.
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
Selling after 5min u bought wasnt a good decision even ETH sideways or increase bc selling price is always lower. Keep an eye on selling price, be a little patient until its selling price got more than 4k EUR then sell.
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
First mistake you make is you buy when Ethereum price is going up.
Second mistake is you too early sell your coin when that price is going down
If you buy like Ethereum, Bitcoin, Doge etc you must hold it for several day or maybe week for get some profit, you can't use short term strategy with that coin
Is this guy for real? He watch price on different exchnage >>
This happens when people are not ready to educate them selfs but they will rather jump in and earn money from quick rich scheme that they have any idea of. There can be some gaps here and there for short term.
Anyway even if price droped and he had 3k$ I will hold ethereum since fork is comming soon where good profit can be made with that fork. Lack of knowledge from people side about forks and about them taking profit from it. It's sad to hear these stories and they can make people lsoe interest in cryptocurrency just because of money side and because they haven't got any chance to flip money. FOMO is real and it is what moves the marketnowadays with many people entering as first time investors.
Everyone learn from their mistakes I hope OP will get something positive out of this and won't talk trash about cryptocurrency because of his mistakes. But that he will continue to learn and see how to earn from trading.
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
Selling after 5min u bought wasnt a good decision even ETH sideways or increase bc selling price is always lower. Keep an eye on selling price, be a little patient until its selling price got more than 4k EUR then sell.
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...
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
The foremost important thing in cryptocurrency trading is patience, which you seem to have not because when you invested, you should keep in mind that volatility remains every minute with every digital currency and thus not to worry when you see price decreasing.The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??
If you want good profits, you must decide to keep your investments for long term but if you want profits in short period of time, then it is must to buy coins when the market is low
Patience is the key. However, it only applies to coins who are currently in either Top 20 to 50 in the cryptomarket scene. If a trader went to a coin that will sooner or later in the loom of becoming dead, the best option that he could do is throw away those coins before its value reach zero. A pump and dump strategy could only be done if you have lots of capital to invest and a member of large group does also do the same thing. You can't control the price of the market alone, not unless you have an incredible convincing skills that makes people believe to what you are trying to achieve.
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