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Topic: Why did I lose on trade ?? - page 7. (Read 2430 times)

newbie
Activity: 57
Merit: 0
February 23, 2018, 12:52:26 PM
If you can be a little patient more, maybe you will achieve a profit and not a loss. Patience and thoroughness are needed in trading. Trading crypto is fun because even though its value goes down, but we still have the coin.
newbie
Activity: 130
Merit: 0
February 23, 2018, 12:28:53 PM
First of all, learn how to use the exchanges. Maybe you write a wrong price on you buy order. There are a lot of good videos on youtube from people who explain how the exchange work and how to serve.
I believe you can successfully trade in the turbulent market as the present time is extremely difficult. We can see the time to trade is also a very important thing that we have to consider. If you trade when the market is down, you will definitely fail, you can only trade success and low risk when the market is recovering and going up.
member
Activity: 308
Merit: 10
February 23, 2018, 12:13:53 PM
Maybe because of the unexpected decrease of price or wrong decision that you have been made. There are lots of factors that you should consider but if you planned it well you can atleast minimize this risk.
member
Activity: 294
Merit: 36
February 21, 2018, 09:34:39 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 ??

I think you forgot to account for the trading fee mate. In every trading site, or in most of them at least, they impose trading fees on every trades your do. This may be a percentage of the amount you're trading, or in some sites, a fixed amount. Having said, when trading, you should also leave some amount for your trades, that's why some people trade not in bulk, but in small amounts so that the trading fee imposed upon them would not be so big that it would get a chunk of what profit they can get.
full member
Activity: 196
Merit: 100
February 21, 2018, 08:45:49 AM
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.
full member
Activity: 363
Merit: 101
February 21, 2018, 08:39:23 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 ??

it's better to look at coinmarketcap if it's true that it happened because I'm not really sure there's a way for the site you're exchanging your exchanger so it's better to check that for your lost money and you should contact support for further details .

He ended up losing because he thought he could just sell at any amount on CEX without paying the fees or he will just look at another exchange before taking note of the amount CEX is exchanging. Exchanges do not have the same price and if he wants to be doing short term, he should better really know what he is doing. This is not the whole buy low, sell high game as a lot need to be considered and there are better platforms he can start trading on if he wants to trade.
copper member
Activity: 728
Merit: 250
February 17, 2018, 12:14:46 PM
Basically, whenever I have bought some of altcoin and then those coin will down fall their price. in this time I can't controll my emotion that's why I do sell then with the lose but I can't wait anymore...this is my first reason for losing on trade...
full member
Activity: 253
Merit: 100
February 17, 2018, 12:06:20 PM
I suggest to, dont just stick to what you see in a coin. Make your own research first before you invest in a coin, and always make your hands very strong, because weak hands are sometimes didnt success. If you buy a coin it means you have trust in it, so always hold your coin be patient and wait for the right timing when our profit is near to us.
sr. member
Activity: 476
Merit: 250
February 17, 2018, 11:57:14 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 ??

I think the reason why you lose your money in trading because your strategies are not enough. You should improve your trading strategies by reading many post in this forum. This bitcoin forum can help you to become successful trader.
Not having enough strategies is one thing; not having a strategy at all is another thing. Truth be told, OP was just busy gambling because he obviously does not have any strategy, judging from the way he stated it. Also, he should use an exchange and stick with their prices there rather than looking somewhere else because with that, he will always get burned.

Moreover, why will he be making trades on CEX? I do not understand? Also, if he does not have knowledge, why is he trying to trade? He is welcome to the world of newbies who think they can just keep doing things like this without having adequate knowledge rather than just leaving their funds in their wallet and watch it grow.

CEX or DEX, this is the problem on day trade. In central exchanges, there are lots of issues preventing you from doing a good trade with high profits. DEX model is better with less issues compared to CEX.
member
Activity: 210
Merit: 10
February 17, 2018, 10:57:42 AM
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
member
Activity: 238
Merit: 10
February 16, 2018, 11:36:58 AM
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.
I think that to trade successfully in the Cryptocurrency market is extremely difficult and very risky if you are not experienced. We can know that this is a very new market and continuous fluctuations are so unpredictable, so skills alone are not enough. You also need to constantly monitor the information, combined with graph analysis to have the Specific commercial plans for yourself.
legendary
Activity: 1232
Merit: 1029
February 16, 2018, 11:26:07 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 ??

I think the reason why you lose your money in trading because your strategies are not enough. You should improve your trading strategies by reading many post in this forum. This bitcoin forum can help you to become successful trader.
Not having enough strategies is one thing; not having a strategy at all is another thing. Truth be told, OP was just busy gambling because he obviously does not have any strategy, judging from the way he stated it. Also, he should use an exchange and stick with their prices there rather than looking somewhere else because with that, he will always get burned.

Moreover, why will he be making trades on CEX? I do not understand? Also, if he does not have knowledge, why is he trying to trade? He is welcome to the world of newbies who think they can just keep doing things like this without having adequate knowledge rather than just leaving their funds in their wallet and watch it grow.
newbie
Activity: 112
Merit: 0
February 16, 2018, 09:08:34 AM
I think that the thing that confused you that time was the price of ETH itself. You should first try to look on the eth price at cex.io. Maybe you sold it at low price.
I believe it is extremely difficult to trade at this time, we can see the market is going down in the early days of 2018. Although there are positive signs when bitcoin prices and both ETH has increased again but strength is not strong. To be able to trade with ETH, you must always watch the ETH price increase or decrease compared to the altcoin you invest, there are many specialized problems that you need to know and learn.
sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 16, 2018, 08:55:43 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 ??
First of all the prices of crypto currency will change from exchange to exchange so if you want to sell your crypto first check the price of you coin on what exchange you are going to sell,don't check the prices on coinmarketcap or other websites which shows the common prices.
These kind of trading is call arbitrage and it is highly risky to do so understand your risk before doing trading because the price of crypto may fall in minutes.
full member
Activity: 420
Merit: 100
February 16, 2018, 08:50:41 AM
Some reasons why some people who are starting to trade suffer to losses is they do not practice their selves well because they believe they can surely win without taking a trial and error session or the other reason is the price of coins in cryptocurrencies has been dumped or down then they decide to sell it eventhough they will suffer to losses. It also called panic selling.
member
Activity: 364
Merit: 11
February 13, 2018, 01:56:53 AM
because, specifical¬ly all of us  cannot predict on when the price will go higher and or lower, this definitely depending in supply and demand analysis of the customers response in all transactions.
legendary
Activity: 1176
Merit: 1024
February 12, 2018, 02:45:35 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 lose because you don't have enough patience. Every trader should have patience for them to make more money.  If you want to overcome your losses in trading, you should improve your patience.
First, why on earth will he be making a trade on an exchange and looking at the value somewhere else to make a trade. If he wants to trade, why not just move the funds to a proper exchange and start trading there. Also, why would he even want to trade without any knowledge about trading ? Patience is not the problem here; he needs to know exactly what he wants to do. Is he holding for long term or does he want to trade. If he is holding for long term, he has no business shorting, and if he wants to trade, I believe by now, he knows he really has a lot to learn.
newbie
Activity: 252
Merit: 0
February 12, 2018, 06:05:18 AM
If you do not want to lose in trading, make a clear trading method, complete with criteria for entry and exit, per trade risk and risk / reward ratio, run trading plan with discipline and emotional control during trading, last for trading journal to evaluate, where just the less and increase the profit percentage.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
February 12, 2018, 04:33:29 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 ??

I think the reason why you lose your money in trading because your strategies are not enough. You should improve your trading strategies by reading many post in this forum. This bitcoin forum can help you to become successful trader.
The strategy is not working for sure, we will lose as that is part of our journey as a trader but we have to ensure that we
change our strategy in order to correct our mistakes. There are a lot of things that we can learn if we are willing to accept the changes that will come
and in the end our main purpose is just to get the success.
sr. member
Activity: 952
Merit: 274
February 12, 2018, 03:32:34 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 ??

I think the reason why you lose your money in trading because your strategies are not enough. You should improve your trading strategies by reading many post in this forum. This bitcoin forum can help you to become successful trader.
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