Worst year of trading for me damn - page 8.

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: leea-1334 on December 08, 2018, 05:43:05 AM

Quote from: andrei56 on December 07, 2018, 07:15:40 PM

Bull markets can be very deceiving, if you invest when the market is about to skyrocket you may think that you are a genius and that is because you do not have to do anything to earn a huge amount of money, and the worst part is that you may believe it and think that you are some kind of genius when you are not and then when the market goes down you believe that you can still make money in it only to lose everything.

People are finally realizing that traditional technical analysis does not work. They all thought they were geniuses when they bought almost any coin last year, and made easy peasy 10x or 100x,,, and guys like me, I even just bought a few coins and flipped them twice even three times for x2 profits, I thought I was a genius.

Then this year, I used those profits to buy at what was supposed to be bargains. I bought again two even 3 more times as prices got lower. So now, I end up with many cheap coins that got even cheaper.

End result: total dollar value now is not even break even, but below initial dollar investment. But for me this is OK. 30% losses or so from start bankroll in super bear market is GOOD. Now if only things can recover by 2020 I will be fine.

At least you learned your lesson and you are back at where you started but there are many that never learn their lesson and they keep trading and investing thinking they will recover their money only to find out too late that is not the case, armed with that knowledge you can now earn profits in the market that will last and not those fast profits that come and easily go as well.

aprilnot

full member

Activity: 1204

Merit: 102

You should be more patient to hold the altcoin you have. I've also felt the same way like that. maybe worse than this. I once held an altcoin for more than 6 months, because the price didn't go up I sold it. a few days later there was a large pump and the price rose more than 100%.

since then I prefer to be patient.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Hanebel on December 11, 2018, 11:03:52 AM

Quote from: bestcoins1 on December 10, 2018, 12:03:02 PM

Quote from: Hanebel on December 10, 2018, 10:05:12 AM

Quote from: leea-1334 on December 08, 2018, 05:43:05 AM

Quote from: andrei56 on December 07, 2018, 07:15:40 PM

Bull markets can be very deceiving, if you invest when the market is about to skyrocket you may think that you are a genius and that is because you do not have to do anything to earn a huge amount of money, and the worst part is that you may believe it and think that you are some kind of genius when you are not and then when the market goes down you believe that you can still make money in it only to lose everything.

People are finally realizing that traditional technical analysis does not work. They all thought they were geniuses when they bought almost any coin last year, and made easy peasy 10x or 100x,,, and guys like me, I even just bought a few coins and flipped them twice even three times for x2 profits, I thought I was a genius.

Then this year, I used those profits to buy at what was supposed to be bargains. I bought again two even 3 more times as prices got lower. So now, I end up with many cheap coins that got even cheaper.

End result: total dollar value now is not even break even, but below initial dollar investment. But for me this is OK. 30% losses or so from start bankroll in super bear market is GOOD. Now if only things can recover by 2020 I will be fine.

There are more people here who loss more than you do. 30% is better compared to my losses which is more than 70% as of my rough estimate. See you on 2020, I will still be here and there should be a significant changes in the market.

that's right, almost everyone who is involved in cryptocurrency experienced the same thing because this year the decline was very large so it is certain to suffer losses if we sell our assets now, the choice is to keep holding to wait for the cryptocurrency back to good for cut losses and even take a profit.

But holding alone will do nothing. Sometimes, it's better to gamble more than just play safe. I suggest if you are holding a certain coin, at most half of it, you use for day trading. Just let the other half for holding. You may know this because you're older than me, but just in you miss it.

Trying to trade for the half amount will be good, but it's only if you have potential coins that could up and down in many times so you can buy at the lower price and sell at the higher price. Some coins have this movement in daily, but we need to analyze with carefully because sometimes we need to wait for longer than usual. As long as you can choose the right coins, you can try to increase your profit plus your coin balance.

Hanebel

full member

Activity: 363

Merit: 100

Quote from: bestcoins1 on December 10, 2018, 12:03:02 PM

Quote from: Hanebel on December 10, 2018, 10:05:12 AM

Quote from: leea-1334 on December 08, 2018, 05:43:05 AM

Quote from: andrei56 on December 07, 2018, 07:15:40 PM

Bull markets can be very deceiving, if you invest when the market is about to skyrocket you may think that you are a genius and that is because you do not have to do anything to earn a huge amount of money, and the worst part is that you may believe it and think that you are some kind of genius when you are not and then when the market goes down you believe that you can still make money in it only to lose everything.

People are finally realizing that traditional technical analysis does not work. They all thought they were geniuses when they bought almost any coin last year, and made easy peasy 10x or 100x,,, and guys like me, I even just bought a few coins and flipped them twice even three times for x2 profits, I thought I was a genius.

Then this year, I used those profits to buy at what was supposed to be bargains. I bought again two even 3 more times as prices got lower. So now, I end up with many cheap coins that got even cheaper.

End result: total dollar value now is not even break even, but below initial dollar investment. But for me this is OK. 30% losses or so from start bankroll in super bear market is GOOD. Now if only things can recover by 2020 I will be fine.

There are more people here who loss more than you do. 30% is better compared to my losses which is more than 70% as of my rough estimate. See you on 2020, I will still be here and there should be a significant changes in the market.

that's right, almost everyone who is involved in cryptocurrency experienced the same thing because this year the decline was very large so it is certain to suffer losses if we sell our assets now, the choice is to keep holding to wait for the cryptocurrency back to good for cut losses and even take a profit.

But holding alone will do nothing. Sometimes, it's better to gamble more than just play safe. I suggest if you are holding a certain coin, at most half of it, you use for day trading. Just let the other half for holding. You may know this because you're older than me, but just in you miss it.

bestcoins1

hero member

Activity: 2240

Merit: 725

Quote from: Hanebel on December 10, 2018, 10:05:12 AM

Quote from: leea-1334 on December 08, 2018, 05:43:05 AM

Quote from: andrei56 on December 07, 2018, 07:15:40 PM

Bull markets can be very deceiving, if you invest when the market is about to skyrocket you may think that you are a genius and that is because you do not have to do anything to earn a huge amount of money, and the worst part is that you may believe it and think that you are some kind of genius when you are not and then when the market goes down you believe that you can still make money in it only to lose everything.

People are finally realizing that traditional technical analysis does not work. They all thought they were geniuses when they bought almost any coin last year, and made easy peasy 10x or 100x,,, and guys like me, I even just bought a few coins and flipped them twice even three times for x2 profits, I thought I was a genius.

Then this year, I used those profits to buy at what was supposed to be bargains. I bought again two even 3 more times as prices got lower. So now, I end up with many cheap coins that got even cheaper.

End result: total dollar value now is not even break even, but below initial dollar investment. But for me this is OK. 30% losses or so from start bankroll in super bear market is GOOD. Now if only things can recover by 2020 I will be fine.

There are more people here who loss more than you do. 30% is better compared to my losses which is more than 70% as of my rough estimate. See you on 2020, I will still be here and there should be a significant changes in the market.

that's right, almost everyone who is involved in cryptocurrency experienced the same thing because this year the decline was very large so it is certain to suffer losses if we sell our assets now, the choice is to keep holding to wait for the cryptocurrency back to good for cut losses and even take a profit.

DRVX

hero member

Activity: 966

Merit: 500

Quote from: meldrio1 on December 08, 2018, 05:43:40 AM

you are unlucky trader of the year lol, well we don't know when they will go up the prices of our cryptos, try your luck in the next year who knows you will be lucky trader in 2019.

I beg your pardon, but were you a really lucky trader this year? I suppose, at least 90% of the guys, who use this Forum will give a negative answer to this question. 2018 was a very difficult time for all.

annaannacica77

newbie

Activity: 30

Merit: 0

Quote from: puremage111 on November 02, 2018, 09:09:26 AM

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100% Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

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

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

Holy i been making huge losses in 2018 Cheesy

i feel you man.. Undecided

Hanebel

full member

Activity: 363

Merit: 100

Quote from: leea-1334 on December 08, 2018, 05:43:05 AM

Quote from: andrei56 on December 07, 2018, 07:15:40 PM

Bull markets can be very deceiving, if you invest when the market is about to skyrocket you may think that you are a genius and that is because you do not have to do anything to earn a huge amount of money, and the worst part is that you may believe it and think that you are some kind of genius when you are not and then when the market goes down you believe that you can still make money in it only to lose everything.

People are finally realizing that traditional technical analysis does not work. They all thought they were geniuses when they bought almost any coin last year, and made easy peasy 10x or 100x,,, and guys like me, I even just bought a few coins and flipped them twice even three times for x2 profits, I thought I was a genius.

Then this year, I used those profits to buy at what was supposed to be bargains. I bought again two even 3 more times as prices got lower. So now, I end up with many cheap coins that got even cheaper.

End result: total dollar value now is not even break even, but below initial dollar investment. But for me this is OK. 30% losses or so from start bankroll in super bear market is GOOD. Now if only things can recover by 2020 I will be fine.

There are more people here who loss more than you do. 30% is better compared to my losses which is more than 70% as of my rough estimate. See you on 2020, I will still be here and there should be a significant changes in the market.

zikzag

member

Activity: 588

Merit: 10

Minter

Yes, I also had such situations. This is a market and not always guess when to sell.

mastersay

jr. member

Activity: 322

Merit: 2

We are all experiencing worst year for trading this year. Because of bad market value and unstable pump and dumps. In that case you got to stop on what you are doing to avoid any more losses. Just wait for next year to calm the market until we have a good trading health.

Femhab

full member

Activity: 238

Merit: 100

What if the same COSS dumped below the price you sold it? There shouldn't be regret in trading. Once you stand on your decision to sell or buy the best is to accept everything that comes after it. Sorry for the loss. Better time is coming.

bongbong2014

jr. member

Activity: 168

Merit: 2

Most people do not keep trading psychology in this market so they make wrong decisions. I think you need to redefine your target to have a reasonable hold time, so do not use emotions to trade.

Dimm_bounty13

member

Activity: 322

Merit: 10

Tokenize Everything - https://www.udap.io/

Quote from: puremage111 on November 02, 2018, 09:09:26 AM

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100% Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

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

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

Holy i been making huge losses in 2018 Cheesy

I always say to my friends that although trading is more profitable than holding. But it's a hard wasting psychological game! You need great experience and a strong nerve to win it! That's why I don't trade!

bummm

full member

Activity: 630

Merit: 100

It seems to me that users of cryptocurrencies have already get used to the fact that the market of digital assets is not simple and very unstable. I hope we will see more options of strategies which have aim to minimizing losses from trading.

Negdan4ik

member

Activity: 230

Merit: 10

The Exchange for EOS Community

have a little patience, this year, and especially its end is terrible,but I think we should wait and everything will be fine.

trade2winnn

full member

Activity: 602

Merit: 100

He's the worst for everyone,only a few whales are manipulations to make good money,and basically there is one sink,and minus and normal,so yeah totally agree,the year brought so many surprises to the negative,hoping that the 19th year will bring us much more prospects and long-awaited growth

kamilah147

full member

Activity: 700

Merit: 102

Quote from: various on December 08, 2018, 04:16:25 AM

You're really unlucky. If you had the chance, you could double your assets. But don't worry, everyone is in the same situation with you, most of the small investors in 2018 lose money.

inevitably the current situation is the same. if indeed you don't want to be in this situation, it's better not to go into the world of bitcoin. because plunging in the world of bitcoin must be able to accept whatever situation occurs.

meldrio1

full member

Activity: 1358

Merit: 100

you are unlucky trader of the year lol, well we don't know when they will go up the prices of our cryptos, try your luck in the next year who knows you will be lucky trader in 2019.

leea-1334

hero member

Activity: 2296

Merit: 953

Temporary forum vacation

Quote from: andrei56 on December 07, 2018, 07:15:40 PM

Bull markets can be very deceiving, if you invest when the market is about to skyrocket you may think that you are a genius and that is because you do not have to do anything to earn a huge amount of money, and the worst part is that you may believe it and think that you are some kind of genius when you are not and then when the market goes down you believe that you can still make money in it only to lose everything.

People are finally realizing that traditional technical analysis does not work. They all thought they were geniuses when they bought almost any coin last year, and made easy peasy 10x or 100x,,, and guys like me, I even just bought a few coins and flipped them twice even three times for x2 profits, I thought I was a genius.

Then this year, I used those profits to buy at what was supposed to be bargains. I bought again two even 3 more times as prices got lower. So now, I end up with many cheap coins that got even cheaper.

End result: total dollar value now is not even break even, but below initial dollar investment. But for me this is OK. 30% losses or so from start bankroll in super bear market is GOOD. Now if only things can recover by 2020 I will be fine.

btc_angela

hero member

Activity: 2660

Merit: 551

Quote from: Alucard2425 on December 08, 2018, 05:35:38 AM

Q4 is really the bear season and the market is full of red and the only thing that we can do is hold on to are assets and wait for the HUGE Bull run

I agree, I assumed that everyone is happy to see bitcoin moving around the $6k-$6500 range, but things suddenly then to worst last November and its quite the opposite of what everyone is hoping leading up to the end of the year. So everyone who don't wanted to experienced a lost is not to sell but just hold on our coins and be patience and wait for the bull run to occur in 2019.

Topic: Worst year of trading for me damn - page 8. (Read 3671 times)