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Topic: Worst year of trading for me damn - page 11. (Read 3671 times)

member
Activity: 322
Merit: 10
November 21, 2018, 06:58:49 PM
I think i should be agree with you, every coins that available in the market facing a downward, their price declined in a significant value.
But that also can be used as a chance to get even more profit in the future by purchasing the coins when the price is in the lowest state.
hero member
Activity: 1428
Merit: 506
November 21, 2018, 06:51:20 PM
Yes i lost too much money with trading. In 2018 is the worst year for crypto i think. But at least we learnt too many things about crypto and trading. This is not the end. We can start again with full of our experiences. But you are right. Trading and holding caused too much loss this year.
This year has giving us so much loses because of the crypto value that is has been down until this month. I even lose this year with the coin I hold the price went down. I believe we will see again a bounce back of cryptocurrency maybe next year.
jr. member
Activity: 210
Merit: 1
November 21, 2018, 06:50:34 PM
not one you, the author has suffered such a failure since I also lost a lot because of inept trading in this market
jr. member
Activity: 128
Merit: 1
The World’s First Blockchain Core
November 21, 2018, 06:48:51 PM
Yes i lost too much money with trading. In 2018 is the worst year for crypto i think. But at least we learnt too many things about crypto and trading. This is not the end. We can start again with full of our experiences. But you are right. Trading and holding caused too much loss this year.
full member
Activity: 686
Merit: 227
November 21, 2018, 06:46:53 PM
This year there has been a lot of volatility. Those who know how to trade in a lowering and trade with the trend, I think I earned a lot this year . It is important for traders to remain flexible and change strategies that no longer work
member
Activity: 554
Merit: 11
CurioInvest [IEO Live]
November 21, 2018, 06:16:07 PM
You are not the one, this year was hard for trading also all my holdings become nothing, still holding and believe in miracle

All the coins I traded fell in price and I have to keep for a long time in the hope that the price will increase. Patience remains less and less.
full member
Activity: 476
Merit: 100
November 21, 2018, 04:36:09 PM
Have you tried intraday trading, i.e. trading in cfd contracts?
This method is more profitable and understandable because by investing in a coin you can read about it a lot of plans that contribute to growth, but in fact the coin falls.
member
Activity: 196
Merit: 10
November 21, 2018, 04:10:28 PM
Worst year for me too. Because i am join the cyrptocurrencies market this year and i lost %90 of my money. I am interesting the forex and i lost a lot of money in forex. I think i am not a good invester Smiley
jr. member
Activity: 71
Merit: 1
November 21, 2018, 04:07:54 PM

Everytime i sold, within days to 1/2 week
It pumped like crazy


Honestly it's also happened to me, almost everytime when i'm buying a coins or tokens, it's value are start to decreasing. Day by day i'm waiting and keep hodling, and the value starting to recover, and I decide to sell that assets in around +5%-+10%. And after a couple days & weeks, the price is pumped like crazy.
The coin that i bought is NEXO, buying at 740 sats and sell at 820 sats, and today the price is at 2655 sats.

In may of this year, I also bought Groeticoin "GRS" on the exchange binance for 1100 satoshi. and sold them at +3 or 5 %, after which it was pumped up to 46000!!! that was hurtful.
member
Activity: 1176
Merit: 12
Vietnamese Translator™ https://goo.gl/7inMji
November 18, 2018, 02:34:07 PM
In the market turbulence and the long-term as it is today it is difficult for traders to be able to preserve capital, not to mention the profit. Really a bad year.
full member
Activity: 518
Merit: 100
November 18, 2018, 02:32:49 PM
I think the problem is that get desperate and you are selling at a loss, I as a trader made my philosophy to never sell at a loss, I prefer to lose everything or win, for me there is no point in selling for less than half of the price i bough, it is not a good business to do that, so I prefer to wait even if it takes months for recovery.
member
Activity: 1274
Merit: 14
November 18, 2018, 02:32:17 PM
For many, it was a bad year financially. Understanding that it is better to keep our tokens for the future, we sell them if necessary, and then sometime later with great regret, we realize that we did not quite right. Sometimes the losses are very high and it upsets us very much.
legendary
Activity: 1311
Merit: 1000
November 18, 2018, 02:20:58 PM
I totally understand that , I have some Ncash in my pocket and I thought it is a good token to hold but price just decreased to the ground and beyond from Dec 2017 , Now I don't know if I keep it or sell it in loss?!
Do not sell anything negative, you need to be very wise to feel the market now. I hope that my tokens and coins in 2019 will give a lot of wealth.
full member
Activity: 896
Merit: 103
November 18, 2018, 02:15:17 PM
You are not the one, this year was hard for trading also all my holdings become nothing, still holding and believe in miracle
member
Activity: 230
Merit: 10
November 18, 2018, 02:11:24 PM
I totally understand that , I have some Ncash in my pocket and I thought it is a good token to hold but price just decreased to the ground and beyond from Dec 2017 , Now I don't know if I keep it or sell it in loss?!
hero member
Activity: 826
Merit: 501
November 18, 2018, 02:09:12 PM
You have gained a very valuable experience. You must understand from the very beginning how you want to act in this market. You are either engaged in trading, or you are engaged in long-term investments.

It would be best to take these negativities in the market as a valuable experience. But in reality, it is truly hard knowing that you have lost much every passing day because of the market's situation now. Though it is very important to remain positive and hopefull that things would be good in the near future.
full member
Activity: 560
Merit: 101
November 18, 2018, 02:04:12 PM
Yes, I made the same mistakes but with other coins, for example, I sold the PundiX for 2 ETH, after 10 days it was 25 ETH, and I didn’t sell the token for 20 ETH now almost nothing, like FTX !!! Lol
hero member
Activity: 2646
Merit: 686
November 18, 2018, 02:01:22 PM

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH


I became impatient to one altcoin to MFTU sold it - loss of 10% for 10 eth and then an hour after i sell it it get pump at 200% and I could have gain a lot more profit than that. That's why I becoming more careful when I'm going to sell my alts.

Hey whenever you're dealing with cryptos you should apply this rule no 1) never loose money, rule 2) never forget rule no 1. In cryptos you should invest only if you’d be perfectly happy to hold if the prices kept bottoming out, and you can be patient for the rally to happen, here you reacted and sold at a loss avoid it. I would advise you to increase the period of holding from few months to whenever you're in profit zone, all those who hodl their coins have made money in the long run.
member
Activity: 206
Merit: 11
November 18, 2018, 01:57:12 PM
I suffered losses in trading due to lack of information about the project, panic sell and fear of losing more money made us regret.
Cryptocurrency is greatly influenced by news and the development of the project, we must be clever in getting information both bad and good information, so that we can take the right action. I once lost 20 ETH because I wasn't patient for a few weeks then the coins went up, that was a painful thing.
sr. member
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
November 18, 2018, 01:50:48 PM
You have gained a very valuable experience. You must understand from the very beginning how you want to act in this market. You are either engaged in trading, or you are engaged in long-term investments.
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