I think one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment. He doesn't know any single thing on what he's going to invest such that he only chooses coins or alts that he hopes it could give him a good profit in the future, then in the long run it cannot give him any profit and by that he tries another opportunity similar to that. Repeating cycle to lose for investment.
This is one of the main problems with those people that call themselves investors but that do not do any of the things true investors do, an investor that actually does his job knows beforehand if the asset in which they are investing has any chance of becoming profitable as they made an extensive reached about the projects in which they were interested, while most people never do anything like that and just hope they selected the right project which is a bad idea taking into account the number of projects that are scams in this market. 
Topic: why some are still loosing money in crypto - page 7. (Read 2701 times)
I think one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment. He doesn't know any single thing on what he's going to invest such that he only chooses coins or alts that he hopes it could give him a good profit in the future, then in the long run it cannot give him any profit and by that he tries another opportunity similar to that. Repeating cycle to lose for investment.
This is one of the main problems with those people that call themselves investors but that do not do any of the things true investors do, an investor that actually does his job knows beforehand if the asset in which they are investing has any chance of becoming profitable as they made an extensive reached about the projects in which they were interested, while most people never do anything like that and just hope they selected the right project which is a bad idea taking into account the number of projects that are scams in this market. 
I have faced huge losses after 2017 collapse and taken lesson not to invest in shitcoins. Then i follow others as OP have advised not to follow others in investment. Now i am more conscious in investment. I invest only coins and tokens that have solid foundations and strong team, already famous in crypto world like top coins. It ensures me little profits comparing to shitcoins but shitcoin once vanishes it losses whole capital.
Everyone makes mistakes. The most important thing is to learn from those mistakes and not to repeat them. Back in 2013, I lost almost 75% of my coins to various scams and ponzi schemes. But I never gave up. I made sure that I don't repeat the mistakes that I did. And now I am in a very comfortable position because of those decisions. I would have been a millionaire if I had held on to the coins from 2013, but there is no point in regretting about the past actions. But it pains to see so many people making the same mistake that I did once.
I have faced huge losses after 2017 collapse and taken lesson not to invest in shitcoins. Then i follow others as OP have advised not to follow others in investment. Now i am more conscious in investment. I invest only coins and tokens that have solid foundations and strong team, already famous in crypto world like top coins. It ensures me little profits comparing to shitcoins but shitcoin once vanishes it losses whole capital.
The worst market crash was actually in 2018. but if you say 2017 momentum I believe you should be in the best market at that time.but with your own experience, you should not fall into the same mistake.
my advice, manage your psychology well. it's not just for making decisions. This helps us not to be bothered by photos or offers on social media that are currently crazy. There are many impromptu meme project promoters on social media. it's very annoying.
I have faced huge losses after 2017 collapse and taken lesson not to invest in shitcoins. Then i follow others as OP have advised not to follow others in investment. Now i am more conscious in investment. I invest only coins and tokens that have solid foundations and strong team, already famous in crypto world like top coins. It ensures me little profits comparing to shitcoins but shitcoin once vanishes it losses whole capital.
The main reason is that people don't research before investing any coin they follow tweets or people that are only interested in their own profit and the main thing for getting profit in crypto is right time entry. People always take entry at a high price than get loss.
the biggest mistake of my life in crypto is that i was hold 90 percent of my assets in 2017 despite seeing the market is bull run. it's a failure to control my emotions.
in every single asset we need to set target profit when it will reach then decide to sell in right moment. personally i don’t follow no one even elon musk is shit because he just shilling doge coin.
in every single asset we need to set target profit when it will reach then decide to sell in right moment. personally i don’t follow no one even elon musk is shit because he just shilling doge coin.
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
All advice said this already but this the most important thing to be considered here in crypto world, study ang familarize it because once you put investment without knowing what going through your wasting your money. Movement of cryptocurrency is very hard to predict especially the movement in it to the marketplace.
They loose money because of lack of knowledge. Those who have not researched about cryptocurrency. So when there are market crashes, they seem to panic immediately, they sell their investment at a loss. They don’t know how risky and volatile the cryptocurrency world is. That is why you need to know the value of your investment.
Many people buy after the tokens have risen， sell after falling. Simply give your own funds to others
its dangerous to enter in a moving train but they need to wait for that train to stop before they get in. selling when the price is falling is another strategy because that is to prevent you from loosing further and it works best if you believe that you invest in a low quality coin .
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,
losses are fine if we are earning because we cannot accurately predict whats going to happen in this market but if it was all looses that you get you need to correct it as soon as possible if you dont want your losses to grow big.
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:
I think if you have a plan and stick by your plan which require a lots of discipline, you can stay focus and not be distracted by influencer. The outlook of getting more profit from your investment should not be driven by fear or greed, rather, it should be based on sound information based on intelligent outlook of the said investment! - 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
Most novice traders only think about instant profits
It's normal i suppose since some people see crypto as quick-rich scheme but that was wrong, Crypto market was fluctuate and everything can happens in short time neither dump or pump, The Profit was high and of course the risk too, Some people still didn't understand about this atleast the basic, I'm not say i was right since personally i also still get some loss on the market but people need understand the basic of crypto market, Well i hope some fellow people can aware of this things. 
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:
many of them still don't understand cryto, they plunge into the world of trading in several markets only buying and selling when the price has gone up, when the price has gone down many don't understand how to trade, so they are desperate, generally everyone sees the final result and doesn't want to follow the process and learn from the basics to be proficient in trading, to be successful you have to fight well and don't rush into making decisions.- 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
in the world of cryptocurrency everything is interrelated and need to learn to understand it,
what is clear is that it is not easy to make a profit if it is easy of course everyone is already rich
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
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.
Not only time but also getting all the information from the right sources, some new investors are asking on telegram channels a place where there are a lot of scammers, it takes time to learn how to invest in Cryptocurrency because of the very high volatility, but you also need to get all the info on the right sources, it's not all about making money but also learning it right.
Long story short: Because of the emotions: greed and fear. The more we want the more unnecessary risks we take and losses grow every week. Unless there is a trading opportunity I never force myself to make money on the low timeframes and push my luck. It is greediness expecting market will move based on your trading decisions. Without having a emotional control over the market trades, it is hard to get profit in the long term market movements. Day trading carries so much risks, only newbies will go for scalping on the lower timeframes but some professionals have enough tools,paid platforms to chase low prices on 5 minute timeframe.
because many are eager to get a lot of profit so many people lose money they do not think to take enough profit so as not to lose FOMO can also be detrimental because they can lose more who lose their money if many are provoked when bears markets occur this will make prices coins go down and of course will be able to get bigger losses it is very risky when the market is experiencing a downward trend as it is today.
Obviously before investing in any project a deep research is very important we must not fall in mouth publicity in cryptocurrency space unfortunately this is happening these days people are being greedy and falling in hype and loosing their hard working money especially new people they want to become rich overnight which is absolutely impossible nobody can become rich overnight it's all take time, patience and own understanding.
Imagine all the beginners in crypto being excited for the first time in their lives, the possibility of wealth that they cannot imagine. Unfortunately, they only get their crypto learning from a social media group or worse from one beginner as well. That is already a sign that you need to prepare for a long bearish period. These beginners will not have any knowledge at all about crypto and will panic sell at a big loss if shit hits the fan. We will never be able to save them. That is why knowledge is power.
In our world, there is a universal law of conservation of energy, which should also work in the cryptocurrency market. Cryptocurrency does not produce tangible assets. Market participants invest in it and convert it to fiat. If someone made a profit, then someone must lose their money. If everyone only made a profit from working with cryptocurrency, then it would seem like magic. However, we no longer believe in fairies and wizards. Therefore, newbies most often make mistakes and lose their money. This is all logical and normal.
Many people is new also. I mean not completely new but haven't seen the 2017 ups and downs.
And those who seen it but still loosing money they are emotional treader, they follow want others days instead of doing own research, they follow signals instead of learning and applying TA and FA. They want the short cut. Don't want to go deep in this field.
Most importantly their Emotions are so up on them that they do not want to believe the reality.
And those who seen it but still loosing money they are emotional treader, they follow want others days instead of doing own research, they follow signals instead of learning and applying TA and FA. They want the short cut. Don't want to go deep in this field.
Most importantly their Emotions are so up on them that they do not want to believe the reality.
Jump to: