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Topic: You determine when to lose or make money, Stop Blaming the Market (Read 704 times)

jr. member
Activity: 79
Merit: 1
That's just what I was thinking. We can not blame for the market because of our decision. Before investing we must prepare basic knowledge and research about it clearly, If not, you have to suffer a loss, that’s your fault. in addition,  You must be a risk taker when you decide to enter crypto world. It is your own decision, i don’t why people blame for the market. Crypto world is unstable, it always moves. So do not join if you are not willing to take risk and stop blame for anyone.
full member
Activity: 616
Merit: 100
https://exip.live/
To make profit from trading we should follow trend of the market, and to predict when the trend will reversal we can learn about technical and fundamental analysis. Just follow the trend, buy on the bottomed and hold it untill reach to the top price again, and after that sell it all and move the money in to others asset that seem bullish.
member
Activity: 602
Merit: 10
If one is a professional trader, he or she can detect the market and know what is going to happen when one is really grounded on trading. You make money irrespective of wether the market is trending or not
Even professional traders are unable to detect the direction the market is going to take every single time, what you are suggesting is impossible to do, I see professional traders as something similar to baseball players, a baseball player that hits the ball at an average above 0.300 is in fact a really good hitter, a professional trader doesn't need to win every single trade he just needs to win enough trades for him to earn profits and most of the time that range is going to be between 60% and 65%.
in any case, you need to determine the goal for yourself, and not to chase for excess profits. but in my opinion the current state of the crypto-currency market is not very conducive to real earnings opportunities .
sr. member
Activity: 980
Merit: 255
If one is a professional trader, he or she can detect the market and know what is going to happen when one is really grounded on trading. You make money irrespective of wether the market is trending or not
Even professional traders are unable to detect the direction the market is going to take every single time, what you are suggesting is impossible to do, I see professional traders as something similar to baseball players, a baseball player that hits the ball at an average above 0.300 is in fact a really good hitter, a professional trader doesn't need to win every single trade he just needs to win enough trades for him to earn profits and most of the time that range is going to be between 60% and 65%.
sr. member
Activity: 1680
Merit: 259
It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost.
Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market.

Take a closer look at this:
If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$.

An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss.

However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit.

Prompt:
Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market.

Share below your opinion.

I never blame market they only follow users transactions and in many case only users mistakes when enter/ out the market is the big problems. We don't have any control about it even we have many referral and big fund, market always have their own answer. Keep positive mindset and do what the best to protect your asset.
newbie
Activity: 196
Merit: 0
When the market's down, it's good chance. But if you buy at high price, there are 2 choices: hold or sell. You should predict carefully. Everything you do will affect to your life. Try not use emotion to predict.
sr. member
Activity: 1330
Merit: 326
Whenever I took any losses, I never blame the market. This is how we play in crypto games like trading. When we are at the stage of losing out hold coins, we take a tight grip. Though I'll admit that my greedy attitude leads me in a wrong situation, well at least I have learned my lesson.
full member
Activity: 448
Merit: 100
Arabic Translator
Theoretically , that's true and most people already aware of that ! However, you are still missing a point . not all people have the luxury to leave their money for almost a year ! most are investing to get a return on their money . Let's assume you have put 7000$ in eth which equivalent to 7 ETH when it hits it's ATH , then you will wait too much to return to that point again and even when you hit that number again you are break even !! so you have lost your "time" which is money to some people.
newbie
Activity: 51
Merit: 0
It's not that simple, since you're viewing it all in hindsight. Eth is not the only crypto, there are many, and many will not recover. Even if it ends up going beyond an ATH for the coins they bough, you can't blame them for the stress that the market has caused them. They don't know when, or if the coins they hold will recover, and they might even need the money.

I've lost money, and I've blamed myself for not knowing enough, so that's not the point.
member
Activity: 505
Merit: 35
We tend to blame the market not because of what happen to our capital but the situation that takes place in the market. There are instances that we regret of our move specially when we buy at the peak and see how market dip minute by minute. We blame the market because we loss a lot but it must not be because any reaction depends upon us. In trading, we should always avcept the fact that we commit mistakes like holding even in the peak and buying during high season or selling at the crash. Every action depends upon how we react in the market situation.
full member
Activity: 673
Merit: 105
It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost.
Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market.

Take a closer look at this:
If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$.

An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss.

However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit.

Prompt:
Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market.

Share below your opinion.
why are there so many people who need a strategy to make a profit in crypto, because this is the problem, some things that really happen because of our lack of knowledge about crypto and the lack of making a strategy in gaining benefits that result in losing your coin.
This is not a market for ignorant investors because they can lose a lot of money if they invest in bad projects. Spend a lot of time researching and consolidating your knowledge to improve your judgment and investment in the market, which will increase your chances of success.
legendary
Activity: 1372
Merit: 1005
I never blame the market for my lose. If I make profit then profit goes on me if I make lose then also lose goes on me. I am only responsible for my profit and lose. When market goes wrong I mean if I hope for up but it goes down then I must stop invest for that time. If I have coins already then I sure try for sell to reduce my lose. When market goes down for long time then sure I can make profit if I buy when the price was lower. This is simple.     

Well why would you even blame the market anyways. It's not like the market will adjust itself for you and market is not special for you, not in the degree of "not that special". We listen to the market, then we act upon what it whispers in our ears and it is upon our own interpretation and it is frankly different interpretations depending how we aim for our goals and what we aim in our profits.

Nothing adjust for us then how the market will be helpful option for us to make the money. If you want to be good in the trading investments. You need to check the good coins all the time and make the corrections whatever coins falls more in the market.

Really have panic about the price dump you are not fit for trading field.
As of bitcoin and all the altcoins dumped little in the market that will be helpful option for you to invest on the cryptocurrencies whatever you like.
sr. member
Activity: 644
Merit: 299
I never blame the market for my lose. If I make profit then profit goes on me if I make lose then also lose goes on me. I am only responsible for my profit and lose. When market goes wrong I mean if I hope for up but it goes down then I must stop invest for that time. If I have coins already then I sure try for sell to reduce my lose. When market goes down for long time then sure I can make profit if I buy when the price was lower. This is simple.     

Well why would you even blame the market anyways. It's not like the market will adjust itself for you and market is not special for you, not in the degree of "not that special". We listen to the market, then we act upon what it whispers in our ears and it is upon our own interpretation and it is frankly different interpretations depending how we aim for our goals and what we aim in our profits.
It is a usual thing to see people push the blame on something rather than  themselves. So many times I have seen users on this forum blame market manipulation for their losses and they forgot to understand that even with the so called manipulations, some are still making a lot from the market.

Trading requires knowledge but it is just unfortunate that people are always too lazy to find the knowledge to do things right.
newbie
Activity: 154
Merit: 0
It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost.
Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market.

Take a closer look at this:
If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$.

An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss.

However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit.

Prompt:
Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market.

Share below your opinion.
why are there so many people who need a strategy to make a profit in crypto, because this is the problem, some things that really happen because of our lack of knowledge about crypto and the lack of making a strategy in gaining benefits that result in losing your coin.
member
Activity: 168
Merit: 10
If one is a professional trader, he or she can detect the market and know what is going to happen when one is really grounded on trading. You make money irrespective of wether the market is trending or not

Nope, I can't agree with that. No one can predict market 100 percent iron clad! This is money and risk management that comes into play. Yes, we usee tech analysis, e.g. trying to predict fluctuations in order to increase our chances to win. However, as practice shows, even great traders and investors lose. The  idia behind my post is that you need to have a complete trading plan including risk and money management component. once you have one, you can win even when you have 50% profitable strategy. Because when you use 2R for example, you will have 1 risk per 2x profit. This is the way things work.
member
Activity: 168
Merit: 10
Totally agree with the TS.  Market develops without paying attention to our wishes. It is up to everybody to decide where to jump into and where to exit his positions.
hero member
Activity: 1148
Merit: 527
What we determine by selling or buying IS the market. Hence when we are blaming the market we are blaming that "you" you are talking about. We are not a collective group, we are all individuals and while some of us believe that bitcoin worths a lot more and while its going down we go crazy while some of us belives that bitcoin is overvalued and sell our coins so we are all doing different stuff on bitcoin and crypto.

When we are blaming the market we are basically blaming the people who disagrees with our direction for bitcoin. That is all. If you think that we are blaming this market thats some third part deal than you are wrong, we just blame other people when we mean market.
hero member
Activity: 1330
Merit: 569
It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost.
Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market.

Take a closer look at this:
If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$.

An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss.

However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit.

Prompt:
Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market.

Share below your opinion.

The issue is complainers would blame everyone, every events and every other happenings aside themselves to be responsible for their loss. You see people blame the whale for selling that is why price has fallen. They will blame one event that is happening in a village in China as the reason for the fall in price. Sometimes, you read people blame the holiday happening in India, they blame increase in dollar value, gold, silver and other ridiculous things but not themselves.

The moment people start understanding that they are solely responsible for their outcome in crypto, then much more informed decisions would be made and the blame game will reduce to the barest minimum.
full member
Activity: 378
Merit: 101
That's why we have the rule to invest you can afford to lose this also applies to non-crypto investments the only difference is that cryptocurrency is so volatile that makes our investment prone for decreasing case to case basis you can also experience increases massively given by the time and the current condition of the market, it's your money at the end so if you can't take loses then convert your crypto and stop your losses.
sr. member
Activity: 700
Merit: 300
Perhaps market makes us behave in that way? I mean come on though it depends on us when to sell and when to buy then also we make the decision based on the market movements. Now if someone is seeing the pure profits of the sell then they will sell it but many times it happens market starts moving upwards suddenly with high throughputs and thus we could see that we already missed a train of some sort and thus lost the money. I know this is virtual loss as we never held the coins upto that point but many times market behaviours are too sudden and hence market can be playing the big role in this regard.
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