Why did I lose on trade ?? - page 22.

santieevanz

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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 ??

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.

layoutph

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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.

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 ??

napi

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Merit: 10

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 ??

this is because you do not seem to be able to control your emotions and your patience when you are stuck at high prices, you should be able to control your emotions and do not get hooked to sell your coin at cheap prices.

Dr.Osh

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recently I lost in trading, but it is indeed a risk in trading. just because I did not pay attention to it in a few moments, the price dropped in bulk. well, it really pisses me off, but of course I accept that.

mx667

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Quote from: TheUltraElite on December 28, 2017, 05:52:22 AM

Quote from: muhsyakir on December 28, 2017, 02:30:41 AM

Because in the trading world has a high risk, if not able to analyze the price then the risk of loss is very large, so if you want to trade should be able to analyze the price in advance so as not to lose.

Not every trade is risky mate. If you bought bitcoin a few years back and sold it today then you are in good profits. That is not really risky is it? However day-trading is risky and doing day trades one must be cautious of the FUD and the news that goes around pumping or dumping a coin. That said it is also possible to cash the FUD but that very risky and you need to be lucky at the same time too.

Yes that's right, exactly what you said. People can only lose when they sell at a less precise time. Suppose you buy Bitcoin today, then 6 months later Bitcoin price increases a lot, but at that time there was a drastic price decline due to hardfork. You can not sell first because hardfork is happening, you have to wait again for some time so that the price of Bitcoin rise again even though you've invested in a long time. That's why we have to sell at the right time. Especially if we do short-term trading, would be more risky.

traderethereum

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Quote from: rickyleatham on December 28, 2017, 08:00:32 PM

i think in trading, anything can happens, we never know what will happen in the future, so we must learn by our experiences from loses, so we can be a better trader in the future.

at least if we learn something in trading, we can prevent to getting lost and we can analyze with good although sometimes we are missing the good price we still could make the profit. and if we could have many experiences from trading, then I think our chance to make a profit is big. the important thing that we should have is how to analyze the coin and make a good price to buy and sell so we can increase our skill in the future.

Rodeo02

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avatar and signature space for rent !!!

Quote from: Tamilson on December 28, 2017, 02:01:49 AM

Quote from: thet on December 27, 2017, 07:37:50 PM

I think, you did it because you already panic and have some fear of loosing all you have in your investment.

Just know the basic and have some patience with you.

.

OP just charge it to your experience and hope you learned from it.
If you see that it's falling don't dare it to sell because you'll just end up broke and it's not the right thing to do just to cut your losses.
Be aware that crypto is full of fluctuations and with just a blink of your eye it'll suddenly in the ground.

having the positive way of thinking that its was just a normal dump some people made to be hold it until it may recover but if you are not able to hold that for too long and you are not able to trust that coin better to just trading it only not holding it for too long to avoid some loosing experience in trading.

rickyleatham

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i think in trading, anything can happens, we never know what will happen in the future, so we must learn by our experiences from loses, so we can be a better trader in the future.

davidmike04

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It seems you are new to trading and don’t understand how trading works! The readon you lost is very simple, A ow bid was placed at the time you were trying to sell and your panic you just went with it and sold instead of you to fix a price okay by you

Blue Bell

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Quote from: Tamilson on December 28, 2017, 02:01:49 AM

Quote from: thet on December 27, 2017, 07:37:50 PM

I think, you did it because you already panic and have some fear of loosing all you have in your investment.

Just know the basic and have some patience with you.

.

OP just charge it to your experience and hope you learned from it.
If you see that it's falling don't dare it to sell because you'll just end up broke and it's not the right thing to do just to cut your losses.
Be aware that crypto is full of fluctuations and with just a blink of your eye it'll suddenly in the ground.

Actually it’s a lack of knowledge that’s why I’m telling to every one before going to join bitcoin you must learn about bitcoin because there are a lot of things about bitcoin which are not easy to understand but noting is difficult here so you just need to give some to learn bitcoin and once if you lean about bitcoin you will always earn from here with a good profit because bitcoin don’t wean to give any lose to its users bitcoin believe on profit.

Babebottle

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It is pretty simple, because you buy at top and sell at dip, so next time, try to hold it for a while.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: muhsyakir on December 28, 2017, 02:30:41 AM

Because in the trading world has a high risk, if not able to analyze the price then the risk of loss is very large, so if you want to trade should be able to analyze the price in advance so as not to lose.

Not every trade is risky mate. If you bought bitcoin a few years back and sold it today then you are in good profits. That is not really risky is it?

However day-trading is risky and doing day trades one must be cautious of the FUD and the news that goes around pumping or dumping a coin. That said it is also possible to cash the FUD but that very risky and you need to be lucky at the same time too.

soname12

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Activity: 266

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I do not understand the problem you set out here. If you talk about the bugs in cex.io's platform I think you should change the trading platform like binance or coinexchange.

shezu007

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I have committed a few errors some of the time in exchanging and if the trade is slacking that may cause a great deal of issues for the broker. I think you require solid web and ensure the trade is in great working request. I am not going to do any exchanging over the Xmas time frame so perhaps it regards enjoy a reprieve to re evaluate your position and endeavor to recover any misfortunes with an unmistakable head after the new year.

muhsyakir

member

Activity: 120

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Because in the trading world has a high risk, if not able to analyze the price then the risk of loss is very large, so if you want to trade should be able to analyze the price in advance so as not to lose.

Tamilson

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Quote from: thet on December 27, 2017, 07:37:50 PM

I think, you did it because you already panic and have some fear of loosing all you have in your investment.

Just know the basic and have some patience with you.

.

OP just charge it to your experience and hope you learned from it.
If you see that it's falling don't dare it to sell because you'll just end up broke and it's not the right thing to do just to cut your losses.
Be aware that crypto is full of fluctuations and with just a blink of your eye it'll suddenly in the ground.

star19

full member

Activity: 196

Merit: 100

Trade with the trend. Here is even a better one. STAY AWAY FROM THE SMALL CHARTS. In fact, the GREATEST, BEST KEPT SECRET about trading is to trade in large time frames. Once you can get your head around the fact that you will NOT MAKE MILLIONS...

mharz

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Activity: 336

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Quote from: TheKeyLongThumbI on December 27, 2017, 10:25:41 PM

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 ??

This is the common and funny newbie problems. People that don't have experience on trade always assume that prices always go up so if it goes down, they are all discouraged. The are many rules on trading and I will give you one which is you will only lose if you sell it.

I think she/he needs some advise, yeah it is commonly problems of newbie. But all of them are experiencing by anyone so don't looked that this is fun. Because it was serious cases from other.

Hey buddy, I suggest to hold for the meantime your balance in ethereum, yeah it was fall down. Because in trading fluctuation were always up and down, so be patience waiting to increase it up until you recover your 4000 euro.

rysea2

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Activity: 407

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I think you do not do research in advance and hunted to buy. at least all you have to do is look at the coin that you will buy that it is at the pump or be prepared to go up.

TheKeyLongThumbI

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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 ??

This is the common and funny newbie problems. People that don't have experience on trade always assume that prices always go up so if it goes down, they are all discouraged. The are many rules on trading and I will give you one which is you will only lose if you sell it.

Topic: Why did I lose on trade ?? - page 22. (Read 2430 times)