Topic: You determine when to lose or make money, Stop Blaming the Market - page 2. (Read 704 times)
September 04, 2018, 01:14:04 PM
There is no point in blaming the market, the market always changes depending on the news that comes related to cryptocurrency, it can be regulation or a new system that influences the development of cryptocurrency. And this will cause every investor including us who will decide to sell and buy our assets. The right to blame is ourselves because we do not know what will happen to the market, even though it is difficult to predict but there are many ways we can avoid losses. So, there is no harm if you and us when we experience a loss that must be done is to learn the error and find a solution so as not to repeat the error for the second time.
September 04, 2018, 01:01:48 PM
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
September 04, 2018, 12:33:16 PM
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.
Many people do not realize that your attitude is the only way to improve not only in trading but in every other activity that you may try to do, trying to blame someone else for your mistakes stops your growth and doesn't allow you to improve, only when you own your mistakes and you are willing to recognize that you are the only one responsible for them is when you can take steps to try to improve yourself and your skills as a trader. 
September 03, 2018, 06:00:01 AM
You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss.
It's funny to think that there's some people believe that crypto market is a quick rich scheme that once you enter here it will be in favor from what you desire that which make them to loss early.
Yes the market is full of manipulations and if you don't know how to ride on it you'll be an empty hand otherwise become insane from your losses. Better yet be used to all these volatility and embrace every flaws of the market and you'll realize that panic won't lead us anywhere.
Market may be full of manipulations and this is what makes it extremely volatile, so I wonder what people think when they get to try to look at the short term of the market and all the noises in the market when they are not even trading, rather than looking forward to the long term.
September 01, 2018, 06:42:20 AM
Why blame the market when its considered as open and free? If the price falls dramatically then make some trading adjustments on your end to mitigate the risk. Besides, if you just hold your coins, you are not losing any money right? We make our own decisions here and no one has to be blame. People who blame the market are just pure speculators and wanting to enrich themselves as quick as possible, but this market is not a guarantee for such scheme.
Market will do what it will do and one should stop blaming others for their own mistake. Those who have been playing in the market for a long time knows what should be done and they would reflect on how they would react when things happen and they would not stop and then blame the market and those "whales" manipulating it.
So do you think you are not one of them? your to confident to say that those people only blame the market because they wanted to get rich quick of course we all we wanted to get rich and you are also one of it. You come here from this forum to join a sig campaign because you want to earn money in order to get rich so stop proclaiming that you arent one of us.
its normal to blame the market because this market of crypto is being manipulated by many factors which makes to be more confused .
its normal to blame the market because this market of crypto is being manipulated by many factors which makes to be more confused .
What he means is that one should take a look at his own actions and adjust accordingly and not just complain and blame the market because there are too much manipulation in it. You can go with the flow and prevent from further losing by always having a trading plan and knowing when to buy and to sell. If you have been trading for a long time then you should stop blaming others and be responsible with your own actions.
September 01, 2018, 06:02:11 AM
Why blame the market when its considered as open and free? If the price falls dramatically then make some trading adjustments on your end to mitigate the risk. Besides, if you just hold your coins, you are not losing any money right? We make our own decisions here and no one has to be blame. People who blame the market are just pure speculators and wanting to enrich themselves as quick as possible, but this market is not a guarantee for such scheme.
So do you think you are not one of them? your to confident to say that those people only blame the market because they wanted to get rich quick of course we all we wanted to get rich and you are also one of it. You come here from this forum to join a sig campaign because you want to earn money in order to get rich so stop proclaiming that you arent one of us.
its normal to blame the market because this market of crypto is being manipulated by many factors which makes to be more confused .
September 01, 2018, 04:18:55 AM
Why blame the market when its considered as open and free? If the price falls dramatically then make some trading adjustments on your end to mitigate the risk. Besides, if you just hold your coins, you are not losing any money right? We make our own decisions here and no one has to be blame. People who blame the market are just pure speculators and wanting to enrich themselves as quick as possible, but this market is not a guarantee for such scheme.
August 31, 2018, 03:35:14 PM
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.
You have a good mindset , you should always take care of your decisions because in this way you will determine if you are going to earn profit or not so try to become more knowledgeable in the future.
August 31, 2018, 02:02:33 PM
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.
August 31, 2018, 01:56:29 PM
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.
People is easy to be controlled, their fears actually, the proof there's is still exist people which still trust on the way where the market will go by following on the trading signal, signal told to buy, they buy. and sinyal told to sell, they sell. its because they fears about loss, and more people were late to following in, the impact is, its really cause great loss.
So my suggest is, never following on signal, if you following them its just same as you make your own path to loss
August 31, 2018, 01:20:49 PM
Honestly reflecting on the heading of the thread, there is no better truth about trading and investing in cryptocurrency, the responsibility of making profit or losses rest squarely at the hand of traders and investors and that is the gospel truth!
August 31, 2018, 12:03:27 PM
In my worldview, I have never blamed the market for thinking because I know the dangers of the investment industry and I know what I am doing!
That is for someone like you who already did all the necessary research and has gotten enough knowledge to understand the nature of the market before even investing at all.For now, what a lot of people are after is what has happened to those who have been holding since like 2010 and I tend to wonder how someone would be opting in a few months back and wishing they could be as rich as those who have been around for about 8 years or thereabout. If they end up panicking and selling at loss rather than looking at the long term, then, that is simply their own cup of coffee.
August 31, 2018, 03:50:54 AM
I agree that the only action taht makes us losing money because we decide to sell the coin, but sometimes its inevitable, when we analyse the coin going to go down deeper then the wise step will be to sell the coin and buy back, if the coin is strong coin then the possibility of bouncing back is high, but if the coin is infamous coin then sometime we need to cutloss to prevent losing more money
August 30, 2018, 10:40:43 PM
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.
You are right, but people do that so they can avoid to take responsibility for their actions, after all no one makes them trade or invest in this market, they are the ones that took that decision, and what is more interesting than anything is that when everything goes right and they earn money then they want to get all the credit for the profits that they got but as soon as that is not the case and they get losses they do not accept that responsibility and blame the market for it. 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.
August 30, 2018, 04:39:57 PM
The only problem with your statement, is that you call it trading. This is not trading, this is investing. Trading is to trade the market going up or down, not to hold and wait for god knows how long until you break even or make some profits. Of course, I am not saying this strategy is wrong, it is just not trading.
August 30, 2018, 02:05:30 PM
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.
Nope, that person will only incur a loss when he sold his ETH holding lesser than the price he bought, but if he sell his ETH holdings above the price for what he pay for it in past then he still earned something from it, lost opportunity cannot really be counted as a loss. But the way to solve this is o course not to miss the next opportunity that will come for you if you have the chance to go long then go for it and if your have the chance to short ETH then don't even think about it. There are really many ways to come out of this even thought you are still holding it at a loss. 
August 30, 2018, 01:58:41 PM
You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss.
It's funny to think that there's some people believe that crypto market is a quick rich scheme that once you enter here it will be in favor from what you desire that which make them to loss early.
Yes the market is full of manipulations and if you don't know how to ride on it you'll be an empty hand otherwise become insane from your losses. Better yet be used to all these volatility and embrace every flaws of the market and you'll realize that panic won't lead us anywhere.
I find this funny me too. Here you need to think a lot, to have a strategy and a system I would say that includes not only your own analysis, but also your risk and money management. Yep, this market allows you to gain XXXXXXXXs, but the risks work here the same.
Well i agree though sometimes it's hard not to blame the market especially when you feel that the movement goes against what you prepared for. Frustrations will be part if your trading life every once and a while.
Blaming cant really be avoided and this is always been part of the stress of each trader or investor.
I think every traders will blame the market if they see their investment value decrease and this is human nature that when the market down then people will being panic and decide to cut loss and if we see the current situations sometimes people will made wrong decission and not easy to wait patiently until the price recover and probably only the particular people who can able to do so
Human nature is one of the reasons and theres no doubt on that but a certain person do have experience and a strong discipline on how he would react on such scenario will be a different thing. August 30, 2018, 12:18:29 PM
That is nice analysis of the market. This is very good way of putting the market and telling one that how they may loose the money because of their own mistakes and not the market. To be frank this is the thing which is also consider as the reason for panic selling and situation like FOMO! People forget that market once goes down it also starts pulling back itself and sets itself to initial pricing. I guess people must consider this market as positive one all the time. We can say that person who knows this one very well will always have its assets ever growing.
August 30, 2018, 11:59:14 AM
I think every traders will blame the market if they see their investment value decrease and this is human nature that when the market down then people will being panic and decide to cut loss and if we see the current situations sometimes people will made wrong decission and not easy to wait patiently until the price recover and probably only the particular people who can able to do so
Indeed, most of the traders blame the market, because it's their natural aspect. I guess they blame the market, because it's really bearish and hard to predict right now, which block their way to their profit, but for me, it's the responsibility of the trader whether he lose or gain in trading, because he's the one who handle his own money, and also it's their responsibility if they didn't become patient enough. August 30, 2018, 09:46:20 AM
I think every traders will blame the market if they see their investment value decrease and this is human nature that when the market down then people will being panic and decide to cut loss and if we see the current situations sometimes people will made wrong decission and not easy to wait patiently until the price recover and probably only the particular people who can able to do so
The continuous varying of the market is one factor also that's why we ended up losing our money or our coins but I believe that we have a control to our every decision and every capital that we would going to used and what we can afford to lose. However you can't determine exactly when it gonna happen that's why we/you should be aware anytime. Jump to: