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Topic: You determine when to lose or make money, Stop Blaming the Market - page 3. (Read 737 times)

legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
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
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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.
member
Activity: 192
Merit: 12
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.
member
Activity: 192
Merit: 12
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.

Nice explanation, but don't you think that it's a bit weird? You need to conduct your own analysis of the market first and think about where and when to stop your trades. If you are a poosition trader, you need to do this as well. When the price is negative for you for more than 100%, I don't this it is a good idea and a good strategy to follow. I think it is better to close according to your risk management and then to reopen trades once you feel that the market is going to reverse. Moreover, you can use margin trading opportunities nowaday and sell the currency pair and earn on short positions as well.
full member
Activity: 484
Merit: 100
It is difficult to determine the exact time when to start and end. But many people can evaluate it by setting the milestones to achieve and when achieved will do something. I often decide to buy when it falls and sell when it starts to rise again.
full member
Activity: 420
Merit: 110
I too, agree with you on this. a person will not suffer any loss unless and until he liquidates his investments. So if at any time your investments are running in loss, you should wait and hold your investments until the price of your coin rises. What most of the people do is sell their investments out of panic and then blame the market for their losses. We should understand that if our coin has a potential then it will definitely rise back.
newbie
Activity: 94
Merit: 0
Yes, all markets are innocent, people must think about how to be patient and not rush to sell assets at low prices. because it's wrong to buy assets at a rising and selling price at a low price. Lol Grin
member
Activity: 280
Merit: 10
Fast, Smart, Trustworthy
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!
full member
Activity: 588
Merit: 128
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.
legendary
Activity: 2576
Merit: 1043
Little_Mouse Campaign Management | OrangeFren.com
The people who will blame the market are either the newbies who doesn't know anything about crypto and they just throw their money away hoping that it will make them rich or the stupid idiot buyers of crypto.

Before you buy cryptocurrency, you must know how much will you risk in buying. We know that it is volatile. It can go at its ATH now or an all time low later.
newbie
Activity: 75
Merit: 0
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.
full member
Activity: 448
Merit: 102

Kind of mentality is just really normal if you are not on the current situation but when you are on the actual scenario you cant really say that you would totally avoided such temptation for you to sell on loss.
There are situations like you do need the money? and you don't have other choice but to sell on loss then you would definitely haven't any hesitations to done such thing.
As an investor that loses up money will definitely blame the entire market and its normal yet we are just humans that do reacts on what we do saw.

If you are investing all your money/porfolio into crypto you are not investor. You are suicide guy...

Portfolio should be made out of stocks, crypto and oder products and should be made out of money that normally will be put on the 1 year locked deposit in the bank to work on them and gair better ROI.

100% only crypto portfolio is alse not balanced enought in my opinion.
Yeah, stop blaming the Bitcoin’s market because only you are responsible for your profit and loss that comes after your precious decision. When you decide to sell in high market on high price then the profit is yours to keep but when you sell out in low market on low price without monitoring the market price is a big fault so your bad decision will result in loss for you.
member
Activity: 308
Merit: 10
Buy, sell and store real cryptocurrencies
In the down market today I think all those holding the coin are having a pretty high loss. Currently the market is down very low. But please be patient not to sell pennies out at this time however follow me Predictably, by the end of 2018, the market price will rise again, which is the time for us to make profit
full member
Activity: 588
Merit: 100
Iam really surprised with price of altcoin, i hold some altcoin that has highest price $10 but now the price dumped hard to $0.4 . I will more understanding about crypto now, and all my loss is because my mistake and my greedy. I hope this is to be lesson for me to avoid greedy and never FOMO.
hero member
Activity: 1246
Merit: 588
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.

What are you trying to tell by that statement? that as long as you hold on to that certain coin hoping that it could still goes up? Of course not the market has a big impact on your profit or loss. Note that losing amounts in trading is pretty normal but it is how a trader cut the loss to as lowest as possible.



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.

In some cases, yes that is correct but come on if you go trading most of the time that Idea is not practical. You can only go to  that strategy towards bitcoin. If you used that strategy on the other coins then you are right "You are responsible for your loss because of following this kind of mindset".

Other coins can be in 0 value within just a short period of time. So if you really know how to trade you should decide when to exit even if it's a lost. You better lose 10% or 20% of your asset than to go all in.

How can you trade if your mindset is like this? You should learn how to read market warnings because in the end the market is still the basis of your profits or loss.
full member
Activity: 574
Merit: 102
https://adonx.one
I loss much money now but i try to learn more what is my mistake. I can not blame the market, now i make other strategy because i did make mistake , that my mistake is do not use any stop loss. When bought any crypto, Iam too confindence the price in the bottomed already but in the reality the price going to others more deep.I still believe crypto will be back to bullish again.
member
Activity: 252
Merit: 10
Stop blaming the market on times of falling down. It was you decision on how not to have loss on it. We can not avoid the circumtances where the price drops so you have an option to trade it imeediately or hold it and wait the price increase.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
the market can't be blamed, the most important thing is that bitcoin is still valuable than a few years before.
maybe we are greedy and hope everything works instantly and easily. This risk should be prepared before we trade or invest.
hero member
Activity: 3052
Merit: 651
Your risk, your choice and your decision.

Whoever blames the market is a fool. There will always be a fluctuation anywhere when it comes to investing in one thing. The value couod soar high or fall according to the demand of people.
You can sell when there is profit if you wanted but yet greed comes in the way.
You wait for more hoping it could jump another ATH. Cruel but true.
newbie
Activity: 110
Merit: 0
You are absolutely right. It is impossible to accuse the crypto currency market, as everyone makes decisions on how to proceed. Only the most patient and resourceful can survive in this market.
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