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Topic: Why did I lose on trade ?? - page 21. (Read 2466 times)

member
Activity: 448
Merit: 10
December 30, 2017, 12:58:05 PM
Hm well being a newbie is tough. There's a lot to know already. It's weird how fast this world of crypto grew..  I am a newbie too. I actually decided to invest some in modultrade. It's my first investment ever!! We will see how it goes..
It’s a lack of information nothings more that why I’m telling to every one before going to join bitcoin study bitcoin first trading is one the fast and good source of income and I’m doing trade from a long time it also need less time to give and it’s not going to disturbed your life because if you want to do trade  will hardly take two hours to do and you can continue it with your study or any other work so join bitcoin and change your life.
full member
Activity: 490
Merit: 100
December 30, 2017, 05:04:23 AM
Why did you lose on a trade? the answer is very simple! you were impatience! Have you seen a Farmer that plant a corn and uproot in the next few day simply because he needed to eat corn? That was exactly what you did!
jr. member
Activity: 85
Merit: 1
December 30, 2017, 04:57:52 AM
Chart patterns will never be 100% accurate, but at least they help in letting you anticipate the next price movement. If it fails, be sure to follow your set cut loss price.
full member
Activity: 350
Merit: 100
December 30, 2017, 04:56:19 AM
Better hold your coin first, if you think you don't earn profit within the day, allow to exert much time to pumps up. Never panic because it will recovers. patience are the key, Best wishes to your trading investment:)
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
December 30, 2017, 03:34:07 AM
Did you do a large market sell on a small exchange right behind someone else?
jr. member
Activity: 329
Merit: 1
December 30, 2017, 03:04:19 AM
If you don’t have a any knowledge about crypto currency you can lose on trading. I’m sure you lose if you don’t experience with trading so you manage your knowledge then start trading.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
December 30, 2017, 01:41:17 AM
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 ??

Considering that you're watching live but still you missed out the price, maybe next time try to use also other exchanges so you can compare. What you loss is not a small amount so it's really frustrating tho. Also you easily panic so you didn't think clearly and logical and end up clicking even you already knew your losing.
member
Activity: 219
Merit: 10
December 30, 2017, 01:29:41 AM
If you lose your trading so I think you don’t have a knowledge with chart or candle pattern, so you need to understand this chart or candle pattern then you can start trading with a no lose in your trading.
full member
Activity: 714
Merit: 100
December 30, 2017, 12:01:04 AM
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 ??


the market is actually accurate and wont give you a false information,  you did only loose because your trading skills are not really good enough. you said you buy the eur when it was still going up, in this first move you already did lost because you still insist to buy the coin even if it is still high and trading doesnt work that way rather you should buy the coin low and then sell it high ( a.k.a buy low sell high ) . you already know and answer your own mistakes. so ill hope you learn on it now.
member
Activity: 228
Merit: 10
December 29, 2017, 11:53:17 PM
It is very nice question to why you lose on your trading but if you think that any more to why you lose? If you lose with your trading at first you need to find out what is problem with you. This some problem like that you can't control your emotion or you don't have any idea with best coin. so you need to analysis coin market and start trading. hope you never lose if you put this knowledge.
full member
Activity: 420
Merit: 102
December 29, 2017, 11:42:05 PM
To take profit you should look at buy history in that exchange, because each exchange has different price of each altcoin, can be different between 1-5%. So always use buy history to calculate when take profit.
newbie
Activity: 48
Merit: 0
December 29, 2017, 10:50:31 PM
Every dump has a reason and if you're a trader , your mission is figuring out what is happening and why there is a dump on it's price. That's your job.
full member
Activity: 406
Merit: 110
December 29, 2017, 11:32:35 AM
Everyone makes mistakes, but starting to trade with such large sums is a disaster, especially a cryptocurrency.
It was necessary to wait for the return of the price and close the deal.
Everyone loses at first, second trial they don't easily earn with just a blink of an eye, it will took you a lot of effort and time before you will finally see the outcome, it is just normal thing it depends on how eager you are to learn on it, and if you will finally learn just look at the potential income that you will earn when you give up.
sr. member
Activity: 1778
Merit: 305
December 29, 2017, 09:44:55 AM
Everyone makes mistakes, but starting to trade with such large sums is a disaster, especially a cryptocurrency.
It was necessary to wait for the return of the price and close the deal.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
December 29, 2017, 08:26:30 AM
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 ??

that means we are stuck in high prices should save and hold the ETH you have, until the price back and more than 50% of you buy do not be afraid it will be able to get there, and if you want to see the price of all coin and market available we can see at https://coinmarketcap.com.

I agree. I think right now, it's not good to trade or get rid of your altcoins even Eth because the negative effects of the recent bitcoin surge has bled many altcoins dry. Their values are not that high right now and their marketability is not that reliable. Many traders are using that chance to buy them low, and if you would panic and sell them off to mitigate your loses, then it would actually make things more worse for you because you can't get any return from selling them, especially if you got them for at a price that is close to the amount you're selling it for.
newbie
Activity: 3
Merit: 0
December 29, 2017, 08:15:57 AM
Hm well being a newbie is tough. There's a lot to know already. It's weird how fast this world of crypto grew..  I am a newbie too. I actually decided to invest some in modultrade. It's my first investment ever!! We will see how it goes..
hero member
Activity: 896
Merit: 520
December 29, 2017, 08:11:34 AM
You are trading in a wrong way. Don't trade all your money in one coin. Remember theres a commission fee in exchange sites for every trade. Hope you hold the eth it will go up once btc started to rise.

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 are right some newbies to trading do like this. As they get the information from the person who introduced him to trading may forget to tell everything. There should be choosy in selecting the coins you want to invest and stagging all fund in one is not at all good in trading. Spilt the money different Cryptos as shows the growth in the price chart.
If moniter the price changes continuously you may stop the loose as much you can.
hero member
Activity: 826
Merit: 518
December 29, 2017, 07:54:55 AM
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 ??
One of the expert advices is not to trade all of your money and turn your fiat into digital currency because there is a possibility that you might lose all your money. Having money in your pocket is needed for emergency cases. Since you experienced losing money because of trading and then you panicked due to the decreased of value in just 5 minutes, I'm sorry to tell because maybe trading isn't for you or you just have to learn more about trading. In fact, it's all part of cryptoworld.

Yeah if you do trading without any knowledge then this will happen.I always suggest that holding the cryptocurrency over the trading,once you made some profits with your holdings then trade with the profit amount and continue to hold your capital amount.
The price of cypto currency varies from exchanges so you need to look for the prices on that particular exchange,if you just watch normal price meter then this will happens.
full member
Activity: 518
Merit: 101
December 29, 2017, 07:00:48 AM
Because you don't have patience! You need to hold a bit until you get profits. You must ignore jumping from one coin to another.
full member
Activity: 154
Merit: 100
December 29, 2017, 05:09:21 AM
You just sold your ethereums when the price dropped.
Probably you bought at $800, and it is now below $680, that is the main reason of why you lost a lot of money in there.

Yes. This might be the reason behind your loss. Learn by investing less money first.So you can trade with experience and you will not lose money again.
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