why some are still loosing money in crypto - page 2.

livingfree

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Quote from: plr on August 07, 2021, 05:09:21 AM

It's the rule of the thump, you need to spend time and do not make a short cut, do not follow the shills, set up guidelines to follow on what to look on a project, as a responsible investor you owed it to yourself to do the right thing and that is finding the right project to invest and warn others if you find a project is a scam project.

Yeah, too many shills with those projects that we're unaware of.

If somebody follows them then for sure that they're just going to lose money and listen to a guy that came from nowhere that's trying to mislead them with their advices.

It's better to take accountability and do own research when investing in crypto.

Nasuhalugu

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One of the causes of experiencing losses is not wanting to "learn".
In my opinion, learning is the most important thing in winning. In crypto, learning how to find good projects goes a long way when it comes to making a profit.
Moreover, having been active in crypto for a long time, of course "learning" from experience while in crypto is very important.
One more reason why many people lose money in crypto is greed.

dainoran

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Quote from: Kayum10029 on August 06, 2021, 06:54:03 PM

Quote from: kaka manteng on August 03, 2021, 12:37:56 PM

Losses occurs in all investment although can be reduced if we build on other people's mistakes and do proper research before venturing into any coin. Nothing good comes so easy to gain mastery in crypto investment would possibly take a long time with consistency and dedication

Only those investors and traders who do not have enough knowledge about the market are always facing losses. They don't even research coins before they invest. They do not understand different Invest in stamp projects. As a result, all his investment money was drowned.

Yeah, but nowadays scammers are getting smarter too. They can even get a lot of money from some knowledge people with the smarter way. they will keep updating the way to scamming some people. It's really impossible that you can't lose your money when you decided to invest in crypto. We should learn all the possible risk.

sirminesalot

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Quote from: Duzter on August 06, 2021, 06:59:26 PM

Every investment has got risk relative to the amout of investment. Maybe the traditional stocks or forex have less risk, but none can say it is risk free. Another important thing is the belief. People believe cryptocurrency as a way to get rich in a much shorter time period. In particular people sometimes without knowing anything about the market just invest on tokens that doesn't have proper trading volume. Later there'll be no growth as well as won't be able to sell it.

Regular stocks is less risk but forex is much higher risk rather than crypto. Crypto is quite safe because you won't lose any money as long as you are not cut lossing if you are playing spot trading. If people are trading futures in crypto, it's not the crypto have high risk, it's the exchange's system designed to do the high risk trade, so i think futures is seperate from crypto because the risk is high

Duzter

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Every investment has got risk relative to the amout of investment. Maybe the traditional stocks or forex have less risk, but none can say it is risk free. Another important thing is the belief. People believe cryptocurrency as a way to get rich in a much shorter time period. In particular people sometimes without knowing anything about the market just invest on tokens that doesn't have proper trading volume. Later there'll be no growth as well as won't be able to sell it.

Kayum10029

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Quote from: kaka manteng on August 03, 2021, 12:37:56 PM

Losses occurs in all investment although can be reduced if we build on other people's mistakes and do proper research before venturing into any coin. Nothing good comes so easy to gain mastery in crypto investment would possibly take a long time with consistency and dedication

Only those investors and traders who do not have enough knowledge about the market are always facing losses. They don't even research coins before they invest. They do not understand different Invest in stamp projects. As a result, all his investment money was drowned.

retnoanjani

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Quote from: sunce33 on August 06, 2021, 05:47:37 PM

Why some are still loosing money in crypto

In my opinion because many token in lately is scam.Many new project give good idea,give fake information about project, and when finished go away.No payment for bounty worker, and no exchange tokens for buyers from ICO.I've seen a lot of them in few month ago, and I failed also and lost money.

I add from the user's point of view.
sometimes, knowledge, experience and luck play a big role in this ecosystem. Many newbies who come because of fomo, without preparation and without analysis, join panic buying, so a big risk awaits. This kind of attitude that we should avoid, we should study before deciding to join, and understand the risks, so that we can prepare a strategy and not get caught in a scam project.

sunce33

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Why some are still loosing money in crypto

In my opinion because many token in lately is scam.Many new project give good idea,give fake information about project, and when finished go away.No payment for bounty worker, and no exchange tokens for buyers from ICO.I've seen a lot of them in few month ago, and I failed also and lost money.

Darktongue

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Quote from: glendall on August 03, 2021, 05:56:31 PM

because of panic, by seeing the price go down and being afraid of losing a lot of selling assets that were bought when the price was high yesterday, and selling too quickly when the price started to rise instead of having made a profit even though the coin has not yet reached its new ath

We can find out the proper condition of adjusting to the situation. Suppose we have the last two months when I knew that the current market condition is stable. That time I took the opportunity to dump the market. Now we shouldn't sell our altcoins, maybe another bullrun could come. I want to take every opportunity. After the pump and dump, I think why didn't I take the opportunity? This isn't panic selling!

South Park

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Quote from: seleme on July 31, 2021, 04:27:59 PM

Quote from: South Park on July 31, 2021, 04:16:49 PM

Quote from: BuyingBitcoin on July 29, 2021, 07:32:21 AM

Don't sell at a loss. Even if you bought at the peak of 2017, you had to wait 4 years to 2021 to sell at a profit. HODL

Things are never that simple if they were no one will ever lose money but the evidence shows otherwise so this cannot be correct, if you bought a good coin then your advice makes sense, even if you bought at a bad price as long as you held your coins then you're going to eventually be in profit, which is what happened to the minority of people that bought at the end of 2017 and still hold their coins to this day, but if you bought an altcoin that was unknown because you wanted to get a lot of profits then it is likely that if you have held that coin for that long you will still have massive losses as that coin simply disappeared or turned into a scam.

HODL forever logic is outdated, sooner or later the time factor will overweight the value. As long as the price is going down, buying in small parts and investing in reliable projects can save traders if the bear market goes longer than expected. One day the HODL coin can turn into a scam project as you explained and other risks are possible too.

If someone can obtain profits by trading the markets then without a doubt those that promote holding your coins forever may look like they have an outdated mentality to them, however for the people that cannot do this then holding is not a bad option, however they need to choose the right coin to hold, holding bitcoin, ethereum or a few other coins like those makes complete sense to me but for other coins this doesn't really make sense and the longer you hold those coins the bigger the chances that you are scammed.

Sihab76

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There are a number of rules or conditions for investing in cryptocurrencies that you will never lose if you follow them. I think those who do not have enough knowledge about investing They face losses rather than gains in cryptocurrency. To invest in cryptocurrency you need to have enough knowledge about the market.

tanjiran

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Quote from: adekogbe on August 05, 2021, 04:13:20 PM

Losing mommy is part of any business, sometimes you will make a mistake, sometimes you will make a good decision but the market will simplyjust go against you. So i dont always take it to heart when i make a loss in the cryptocurrency markets because i am confident in my ability to make back everything i have lost and more.
I recommend you pay alot of attention to knowledge of how cryptocurrency works

very wise opinion. however we must take lessons from losses or mistakes, evaluate them and then improve on the next steps so as not to experience the same bad. sometimes getting a loss is an important lesson, I have experienced this, I used to enter the market very often without analysis, only based on feeling, and you know for sure what happened, yes... I often lose. after that I was determined to learn market analysis from my experienced friends.
Mental and psychic will also be tested, so we must be able to handle the worst risks, the crypto world is full of surprises.

rosebrand

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The earlier crypto investors gets to know about this things the better for them, it's wrong how a person will be through the hard and good times in crypto and still loses a lot of money to crypto, this shows there don't learn from their mistakes, being ignorant is really a bad thing in this space, most people trade base on their instincts which isn't supposed to be so and also there buy up the hyped coins without making any research and this is actually some of the reasons there keep loosing without learning.

adekogbe

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Losing mommy is part of any business, sometimes you will make a mistake, sometimes you will make a good decision but the market will simplyjust go against you. So i dont always take it to heart when i make a loss in the cryptocurrency markets because i am confident in my ability to make back everything i have lost and more.
I recommend you pay alot of attention to knowledge of how cryptocurrency works

yazher

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More likely people often fell into their bad decision before they lose money and that's just how the economy works where everyone has their own role. Imagine if everyone is gaining every time then where do we get this money from? It's just some kind of cycling where everyone will get their own momentum when they gained some experiences on their investments. Anyway, when they are not unto the crypto industry where they failed so many times, then they need to stop what they're doing and focus on other things because sometimes we need to stop because there's nothing much more to do.

RussianEnglishTranslation

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Quote from: akirasendo17 on July 12, 2021, 08:38:16 PM

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

You follow a persons advice through his social account post example is Elon musk
You still believe that a certain coin will come back from the dead even though you already knew its a scam
you just follow your instinct and never make single research
emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

You won't lose money if you stop trading and put that money into promising cryptos that can be staked like Celo and NEAR. That way you make money even if there is a bear market.

glendall

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because of panic, by seeing the price go down and being afraid of losing a lot of selling assets that were bought when the price was high yesterday, and selling too quickly when the price started to rise instead of having made a profit even though the coin has not yet reached its new ath

kaka manteng

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Losses occurs in all investment although can be reduced if we build on other people's mistakes and do proper research before venturing into any coin. Nothing good comes so easy to gain mastery in crypto investment would possibly take a long time with consistency and dedication

Kez1817

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Quote from: monineklutak on August 03, 2021, 05:28:56 AM

Quote from: Dedewahyu on August 03, 2021, 05:23:09 AM

Everything you wrote is true, someone will lose a lot of money when investing based on FOMO or following from others, not based on their own analysis results. but by losing money in the crypto world is a great lesson, you can see and be more open minded about the crypto world and price movements.

But the problem is when someone loses money and he doesn't learn from the mistake and comes back again,
it's really bad and indeed in analyzing it is not an easy thing but if we keep learning and trying we can definitely do it,
the most important thing is not to follow what other people say because it is not necessarily what we want

If he doesn't learn from his mistakes then I think he is a brainless person working in crypto space. Knowledge, patience and understanding is very important when you investing or do trading in crypto. Experience is the best learning method that we can use to handle our investment and avoid loses. Don't always follow what others to say, instead study the market and you should have your own strategy in order to gain profit.

haasanjui

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Many of experienced traders also loosed money in crypto because stock exchange market is unpredictable we can't predict that where we are investing its price will dump or pump. It is risky to trading. And many people who don't make research and trade it is also reason of loosing money but some time it gives profit to trader but some time. And many people repeat there mistakes in trading it is also reason to loose money in crypto.

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