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Being emotional. It's hard to control your emotions especially once prices go down and you see all your money go down the drain. The panic seller's attempts to cut losses has only hurt them more in the process and makes them end up losing even more. Unfortunately, FOMO takes over and this is what kills the newbie traders. Using your emotions will probaly lead you to lose everything..

Drifting through the wind. chasing the ones that are already pumping, which is very risky. You bought when the price is still high then price dropped and you are holding a bag of expensive coin.

Don't put all your eggs in one basket. Diversity. Diversify your investments so if one falls, other investment may help you to recover.


For best in the trading field you need these 5 things to be added in your check list, as all these five things are pillars of success here in the trading.
1) Solid Trading Strategy
2) Trade Plan
3) Money Management Skills
4) Reasons for Entries and exits.
5) Journal, News

P.s
I have quote some people words from my last topic

I love this formula / proverb, all traders are sometimes greedy. so they forget the risk of trading without leaving capital to keep prices deeper.
Trading does look cruel to anyone who does not have a strategy.
thank you for sharing, this post is very useful.

Unrealistic expectations - Reason No. 1

Unrealistic expectations are the common reasons that are influencing the traders in many aspects.

Tracking the false pumps with the goal of the fast profit gain has become a habit amongst the mass percent of the investors. Their unrealistic strange trading habits are usually leading them to a wrong path which is equal to the long-term loss.

On psychological aspect, unrealist goals are only amplifying the trader's anger which is also usually leading to a greater loss.

Unrealistic goals are not supported in the market world!

In additional, people who depends on the suggestion of other people also tend to fail in trading. Those people who are lazy to study the coins never do research and rely only to the forum comments. They also victimize by hyping the coins.

Being emotional really is one that triggers failure not only in trading but also in any kind of investment because as much as you would like to hold your investment you got panic after hearing or reading bad news about it and decided to sell whatever you have believing it can save you from big lost. Another is putting your eggs in one basket it is really obvious  that many are afraid of trying other stuff and instead focus on one item which resulting to either a failure or success unlike if it is diversified chances of good income is likely to achieve

Good reasons i agree i would like to add if u don't know about charting and fundamentals u should avoid day trading and stick to hodling . also if lose some profit don't revenge trade by becoming emotional and try to recover ur profit quickly instead try to figure out what's wrong with my trading strategy

I like your synopsis as well and it is very helpful for newbies. I also have another one to add on the list. Don't buy during FOMO and don't sell during FUD. So many times we may lose great opportunities for holding a coin to reap the long term rewards because of selling to early or buying in too late. You need also to check the roadmap of a coin, don't just follow the day traders, they don't always get it right because you might sell your coins just before a huge price spike due to an impending important announcement. If it means holding on a few more days to see the price double, hold!!!

Yeah people just look at the good things produced by other traders, they don't care about the risk inside of it, the struggle and the process to reach a successful trading. As for the results it's make people put high expectation wants to have the same success stories without having a real struggle in other words it's unrealistic.

Number 1 especially. Basically all of the market and trading is psychology on a macro level. This is why people buy when the price goes up, and sell when the price is low. To make profits, it should be the other way around, but people can't control their emotions

I think the reason for the failure is a lot, probably due to lack of technical analysis, or not much experience, can not keep track of the market. Besides subjective, aggressive will also lead you to failure. My first failure was due to lack of understanding and subjective with what I was doing, was too proud of it that led to failure. I lost 90% of my fortune in one night.

There could be thousands of reason for people getting failed with their trading. One prime reason why they are failing must be, lack of knowledge and experience. Yes, I mean to say when you are having sufficient knowledge and experience then you can overcome any situation and can manage any trade into profitable.

Failures in trading is common for any trader but how we are managing is more important because when you are making more profitable trading than failure ones then you can become a successful trader easily.

Be sure to use any convenient tools and trading algorithms for you. This will protect against ill-considered spontaneous the trade. Typically, this should be 5-10 indicators, which will lay out in front of you a picture of what is happening. It is always necessary in the head to keep the classic stop-loss 2-3% and correlate them with the levels you enter. If you see support from below that you can fall after your purchase, but it's a long stop before it - enter the trade with a smaller amount. Do not take any chances. Better still to buy below closer to the stop than to be nervous and catch a long loss on a large volume.

Over expectations leads to loss, next thing is to expecting the profit return in a very small time period without letting the asset to grow in value. Next thing is the long term holding, when one is involved into trading at certain time interval the coins need to be sold and then bought back.

You can add 'No money management'. I have seen a lot of traders who win yet to dont make it big or fail. They have a strategy, but without money management all strategy will fail over time.

Money management and Discipline are the two important things to be a pro trader.

You should consider trading like a computer would predict the next chess move, you analyse all the options available and you make your choice based on the options you have. Once you have already invested your only options are either hold for the long term, sell when in profit, or sell when at a loss. You should only sell at a loss when the market is quite clearly never going to recover, e.g. If you've bought in at the top of the pump of a sh!tcoin, just cut your losses and sell at whatever you can, as you're not getting your money back. For coins with a lot of long term potential, it is a poor idea to sell at a short term loss, just hold until you are happy with the gains.

Emotion should play no part in your decision making, if you just consider your bitcoins as valuable in and of themselves, trading to gain more BTC (irrespective of fiat value) should be your priority. e.g. If you own 1 bitcoin when it is $15,000, then after a series of trades you now have 1.2 bitcoin, but the value has dropped to $10,000 per btc, you can consider that a success as you've still improved your BTC holdings.

Because all people want fast and easy money and cant put an effort on HODL  ;D

News can be frustrating it can cause a panic selling to happen widespread everywhere trade plan is everything and you must always have reserve for each of your trades keep a planned amount and be that labled as untochable cause maybe after you loss a coin also lable it as done it might be a problem if you don't remember the last wrong commitment you've done.

yes you are right most people who can not have a very high patience to make people become loss or fall, there is also a weak when the price drops sharply they panic and sell it instantly at a cheap price while the price after it goes back up it would make people very loss, so the key is to require a lot of patience.

Yeah,you are saying right reasons for loses in trading.I like the one Being emotional and it is the main cause of losing while trading.We need to be very careful while trading because not everyone can success here only the people with skills can.

*If you quote from someone's post then you need to provide the links also or it will be consider are copy pasting then it will leads to ban.

Agree with all the facts provided by you but would like to mention one good point that you missed out and that is taking part in Pump and Dump. Yes, I do consider it to be an important aspect why Newbies loose money because it was done by me when I was a beginner in trading. We should never take part in pump and dumps as it will make us be a bag holder. At least not as a newbie because they lack knowledge of trading and end up losing money. Rather than making these mistakes, give some time to learn trading and then start your journey in a slow pace.

Good analysis. I think you have applied all you experiences on the lists that you have made. I  have committed a lot of mistake in trading too. I can still remember the first time I tried trading, I had FOMO and bought coins during the peak and lost almost .05 BTC(it was a big amount for me since I was just a newbie that time.)

Always have a trading plan not just on choosing a coin directly without any basis or analysis why you did bought such coin and talking about entries on orders this would be the most important to consider not just carelessly on buying or even selling out because one false move would really cost you money. Common failures being listed above which most trader do fail to follow.

Along with this principle, I guess that one should keep in mind that they shouldn't invest/use as capital what they can't afford to lose. This is a part of being greedy. Some get too greedy that they compromise their savings just so that they could engage in trading.

I would also like to add that you should set your goals. It's always important to set goals so that you may not be blinded nor get lost in the process.

These are simple principles however some traders have forgotten to abide by them and has led them to their failure. Emotions are hard enough to control, it's discipline that one must practice.

Being unrealistic is the top reason why trader fail in trading.There are traders that when making their goal like setting the target profit,too huge and impossible to achieve because of unrealistic expectation.

Top reasons that leads to fail in trading for me are:
1. lack of research when purchasing in coin
2. easily persuade to buy coins that being hype to go to the moon
3. greed
4. panic whens market is down
those are most common reasons why people fail in trading for me. In order to be a successful trader you should have patience and had good analytical skills to read the market.

The same can be said for new users trying to trade in cryptocurrencies. They always relate crypto=quick money. There's a lot of cases of people becoming millionaires in a short time and they want in, fast.

I agree and I would also add this...

1-COMPULSIVE TRADING : As strange as it may sound for a market where profits and losses can be made in mere seconds, there is such a thing as “compulsive trading”. Trading too often during the day can be a big problem for novice traders, as they will make wrong decisions and let panic guide their actions. Monitoring the markets is an absolute must, but one should necessarily jump on every single opportunity when it presents itself. It is difficult to learn a trading style from day one, though, as errors will need to be made along the way until one finds a rhythm that suits his or her needs.

2-A FINGER IN TOO MANY PIES: Given the vast plethora of different altcoins one can buy and trade across popular exchanges, diversification is a good idea. At the same time, there is a risk of trading too many altcoins at once, which will take a toll on one’s portfolio rather quickly. The best advice is to start with small amounts of one or two coins that seem legit, ate and potentially profitable. As one gains more experience, it is still possible to further diversify the portfolio and trade more currencies.

Top reason which give you to face loss is
1: Being emotional, in trading you always need patience.
2: lack of knowledge while doing investing, you should have enough knowledge before investing anywhere.
3: losing confidence in panic condition, you should keep your confidence level high.

Good job on putting this on the number one list, even a good or an expert trader tend to fail to manage and control their emotions if there is an unexpected situation or result from their trade, due to emotional stress impulsive behavior manifest so they can commit some mistakes without thinking clearly, number one enemy for trading. Remember, the battle always starts in the mind.

In short it is FOMO.

I agree with what you say. One of the causes of failure in trading is poor emotional control. Trading requires good emotional strength, because then we can practice patience. Patience is one way to lead to success in trading. Without a sense of patience then we will only get the loss and also the failure in our lives.

Your post completed my knowledge and it's very helping me to get better result in the next trade. Until now, I don't have journal to save my trade activity. Maybe because of that i still repeat my mistake again and again because I don't have any record to remind me. Thank you for sharing this valuable information and good luck with you.

Thank you for sharing the valuable information here. I have also came across another third like this but you have additional point here that I lied most. Quoting here: Honestly speaking it does have lot of importance because putting everything in the same basket is like risking the whole life's saving and efforts to it. If anything goes wrong with this basket then we are as bad as screwed. I also follow this strategy where there is portfolio of at least five coins and that way we differentiate our odds of loosing money in single shot. Good one.

I think this reason is only limited in stock market not in crypto market. You can really have some imminent goals here. Just take instance of coin Revain. Its quite solid in the top 100 cryptocurrencies while it has increased by 95% in just a week. This in itself gives you many unrealistic goals when it comes to crypto. Diversification is okay but expectations can surely be kept high in order to get best out of your money.

Agreed. Unrealistic targets expecting huge returns in a matter of days.

so be ready always and just set your mind what will be the best time and what are the best thing that you must gonna do when it comes of trading this is may result for unexpected so better to be ready.

There are many reason and many have have been already provided but one think is atmost important and it is the selection of the correct trading platform and than knowing your limitation.Ability to judge the situation and to react according to that is also prime reason why many people fails in trading during their initial stage.

Falling for the trap of FUD and Fake sell walls. I think the majority of day trader now are following and refreshing their news feed about the coins they invested in every sec . One fake post about how their coin is bad or will dump ,could easily make them sell everything and exit even at loss . I've seen it happen so many times and seen coins dump massively because of the fake rumors spread around by people who want to buy the coin at a lower price . Also what makes it worst is the huge sell walls put by whales to fool people watching the depth of the coin . Those are mostly fake and as soon as the price reach them they will pull that order off.

I've been trading for about 3 years now and always up and down. Emotional is the main driver. Having good strategy will make you more confident on your trading. Besides that patience also has big part, when you see your position in profit you want to close it in hurry even tho the price is actually moving to the price that you projected. Its all because lack of patience and confidence in your trading. Make sure always use stop loss and take profit

Thanks for everyone who replied to my topic.
As I see there's alot of extra reasons and opinio. As I see most of them are true and I didn't forgot to mention them but they all talks in the same 3 reasons. Also Thanks for the Merit 

In the world of trading, you do need to take the suggestions from others but you need to make the final decision by your own mind and choosing that option which seems the best possible option to you. One of the main reason that leads to the failure is the loss of control over your emotions at tough times. Trading is a game of holding your nerves and if you failed to do so, you will end up suffering some loss and nothing else.

I agree with this specially on being emotional, this is the number one culprit why people becomes illogical

Also you should add

Ignore the noise - some people are just dependent on facebook/twitter/ telegram on which to buy or avoid. There are so many so called experts in social media. If you listen to peoples comments and suggestion you may get a winning coin but in the long run you will lose. You should learn to trade by your own. Technical analysis is still my signal.

Really, sometimes other people's recommendations will only lead us to failure. we have to do our own research and try to avoid groups of signals from social media.

They don't have a system, strategy or a methodology, There are literally thousands of markets to trade on a daily basis which is, of course, a great thing for traders looking for opportunities to profit. However, without a system, strategy or even some type of methodology the 'hunt' for an opportunity leads to gambling. You'll miss more trades than you take which causes many traders to go into a spiral of frustration, negativity and trading outbursts. The key lesson is to have some type of consistent plan or reasoning in finding and executing your trades.

Greed and unstable psychology are the biggest reasons that affect commercial results. Many investors when the coin increase prices not sold but continue to wait to increase but coin decline. When coin prices fell a little, they sold out and it rose again. These two seem to be simple but a lot of trader suffer and still lose a lot on the cryptocurrency market.

Trader is his own worst enemy,and that human error is at the root of most problems.
The main reason is overtrading,it is the most common reason why traders fail.It might be caused by unrealistically high profit goals,insufficient capitalisation or market addiction.Inability to distinguish trending markets from ranging markets,often results in traders applying the wrong trading tools at the wrong time.Another one is improper risk management is why traders tend to lose money and fail.

This is the main reason of fail trading. The emotion. I've heard a lot of stories talking that they are losing because of their driven emotion. Many of my colleagues always selling their coins below 50% profits and after that there goes a bigger pump like 200%. Such a bad decision lol.

Another thing is this. We traders specially newbies always says that I will buy at ath and sell on a set stop-loss. This is actually a bad habit. I think we need some expertise decision by this.

Yeah, diversify is a good choice. If you diversify your portfolio and one of your coin is losing but some are still winning, it is still consider as a win.

That's what you called panic selling when price fell down most sell their coins. In trading we should calm, we are in mindset to have a profit as planned. Like never put our funds in one basket, it is good to balance or spread our investment to get rid of lose.

Exactly, that makes us inspired to be aware and don't need to rush everything like we must know to control our emotions especially when the time of falling down of the value what we wishing for. Greediness is number one reason will make us fall and may lead to bankruptcy because we want to make it higher and taking risk everything. Well, in the end lessons to be learned that need to control everything and learned to be contented what we have.

That is the problem, when trading, most of the people won't stay calm and would easily be carried away with their emotion. Most of newbie traders get impatient when studying the market and will just depend on what is on chart which is very wrong. There are coins that have low values at start but after some time will suddenly be valuable. You see, if you want to trade you have to control your emotions because this factor is what greatly affects every decision that you will make. If you are able to this, you will understand how trading is done and will possibly create a strategy of your own to earn big profit. Something good and happiness follows when you are able to think clearly and carefully so learn how to control emotions and make sure to study what you are doing.

True greediness greatly affects us when trading. When greed consumes us we make decisions that did not go from thorough thinking, in short we FAIL. We mostly wait for opportunities that are not given to us. For example is when the price is alright or maybe enough for us to be able to support what we want but we decline ourselves to sell because we wish for it to get higher, in the end, the result is the opposite. Waiting leads for the price to get lower and lower making us lose the good opportunity mentioned.

Of course, the top reason in failing in trading is haven't enough knowledge about Trading and Investment. Trading is not easy, you should give your time and effort, you should be brave in all you decision. Also read some articles that may gave you additional knowledge about trading.

That's where I see a lot of people failing. Most of them come to the market expecting to double their money in a few weeks, when experienced traders are happy with 2 to 3% a month.

The easiest way to lose everything is Drifting through the wind if you do not know when is the right time to sell when the price is pumping or selling period is on progress, so many lose everything when they are minutes late so better learn the right timing because this will get you a lot of profit

which you mentioned very true, a lot of new players who still can not control the emotions and control the finances in his possession, I hope with this thread can make the new players can understand how to play trading safely and can earn profit and never lose .

Yeah being impatient is the huge mistake now and most of new and young bitcoin traders use to do this. Trading is not a game mate for it they will have to be very careful, experienced so then one will be able to get profit. Money is not for lose it is for saving and making bright future, it is advisable to trade with bitcoin today and then wait for long time to get better output than your input with bitcoin.

There are some specialists who believe that only 5% of those who try to become succesful traders are able of achieving long-term success, and some of the reasons why most tend to fail have been mentioned in this thread. But in addition to the merely technical aspects, there are some characteristics of personalikty such as discipline, persistence and emotional control that are absolutely indispensable to achieve success.

Of course, emotionally influential, impatient and greedy, when the price of starting a dump you fear the of many loss while price pump, you want more high price. Human nature. Until.bpth give regrets.

Planning is one of the main thing that should do before you do trading cryptocurrencies. I agree to you that reading latest news and journal is very important for us to be updated everytime.

i guess thats daytrading is all about?fast profit for gaining...this is not a habit but a desire because this trends runs for how many years in trading industry of crypto,though i dont do this because i am a patiently waiting person.willing to wait for my profit even if it takes a year

Rather we are thankful to you for putting up such a reasonable and sensible question on the forum. Many experts and experienced people have shared their opinions about the causes of failures of traders in the crypto market. We should understand that greed is an evil thing and overconfidence too. Lack of proper knowledge and having half knowledge is again risky. Try to be composed and well knowledge while doing trading.

You forgot that it's bad to chase losses, especially if you're already down a lot. I knew some people on my circle that are hard risk-takers, and would do everything they can to recoup some of their losses before calling it a day, often leading to even more losses and frustrations which will ultimately lead to 0 capital. I'd say chasing profits is kinda better than chasing losses, especially if you timed it perfectly and have not been greedy about it. With losses, you are already succumbed with frustrations and the urge to at least "get your money back".

I believe in that saying don't put all your eggs in one basket,  once that saying apply to your self if your investment falls accept the truth that your money will gone. Need to devide the capital so that if the one fall you have not lose your money there is another one to recover.

This should really be done always on where we should allocate our funds into different potential coins rather than on going all in into single one because chances or risk of getting wrecked is less since you have diversified out your investment which means if one failed you then you do still have the chance for recovery which is good not like on having a single its like a gamble. It might give you some good returns or profits if it rise or succeed or total fail when it goes to opposite way.

I think the main reason is people feel panic when the price just go down a little bit. Maybe they never hearing "You Don't Lose Money in Stocks Unless you Sell" of Warren Buffett :). The market dump and pump everyday is really normal but at the moment it's dumping harder as usual and this one make a lot of traders and holders panic and it become a good chance for the whales to collect good coin with cheap price :)

Well this strategies are amazing but for me there is another thing to consider in trading also..Be patience, and never give up, even the value is falling because time will come it will increase again.

Panic sells and fast buys are the top reasons to fail in trading. That is caused, when you go on with too high amounts and only invest into one or two cryptocurrencies. Often it takes weeks, that cryptocurrencies will go up. Day trading is an unefficient kind of trading because you don't get touch with the main trend of each stable cryptocurrency, which should go up on longterm.

It's easy to overestimate one's trading capabilities by netting wins during bull markets. In many cases it would have been more profitable to hold.
And when the market turns, they are in real trouble. Don't try to time the market unless you have insider information.

I admire you that you have a nice post and it will help the fellow traders to their own journey in trading.

My own reason in failing is being emotional for all we know some other altcoins have no incators can read and with the bitcoins is totally unpredictable if any coin will go dump or it will gonna stay. In my case i entered with some coin with my own risk buying at dips in price and a sudden it goes dump more that problem is my emotion.

For your trading tips #1 is what i have not applied im too crazy in the market as long as i see an opportunity no matter what i will enter (emotions) so it was related on my ways.

Trading is a difficult part we dont know if we loss or success, in my opinion top reason why you fail in trading it is because lack of researching and no planning stragegy that cause in fail in trading perhaps.

The search for hyped coins/tokens has been one of the major cause of failure in recent times here in the crypto space. With the influx of noobs coming in  after being preached to, on how to become a crypto millionaire ; They'll line up to buy/support hyped projects with little to no developments or worth. It's like an empty sack. This is one of the recent causes of failure in the space.

We only need to buy and sell so buy in low price then sell that in high price i think the best to do is hold it until it's go really well then or until the coins gone that's all i can say in trading we need to take the risk like it gone or it go well.I think the chance to earn is big so there's nothing to fear another thing with volatile of many digital currency is so risky in the first place so it's already given to risk when we start in crypto.

Those 5 things have to be completed.
I mean if you dont do one of them then your trading might be not controlled.
If you havee those 5, i am sure you will be success in trading.

I thinks wrong decide when you trade is:
" You very hurry to take little money "
When you sell coin you have, u dont trust coin and easu sell when you see little money you earn.
And others reason you lost money is:
"You dont find all news thing update from coin and forgot trade when sleeping ".

This is also what I have learn on first months of being into trading crypto cryptocurrency, and still applying it up to now. Before I'm used to buy all my funds in trade for a certain coin (based on a friend's advice, own gut feel/instinct, and random reasons) then I had read an article about diversifying hodlings and yes I find it safer for even half of my hodlings fail I still have chance to recover from other coin's profit.

I totally agree with this, Emotions are one of the worst enemy in trading, If you can't control your emotions please stop trading, you will just loss your money. Fear of losing more money which is why panic selling happens, "I can control it, I'll just hold it until it pumps up again" it is easy  to say those things but once you actually experience the falling of market you will feel fear because you are losing the money from you hardwork. Patience is a must in trading.

Buying a pumped coin has a very high risks, pumped coins are more likely going to fall, Imagine you've bought an apple for $10 and sell it for $8? That's how you loss in buying pumped coins.

Don't invest in just 1 coin, because if that coin you invested falls, you will just lose your money and you will not have some money to recover your loss because you've invested in a market that falls. You are lucky if it pumped but it is a very risky tactics.

Learn your way

The Internet is a big part of Internet Marketing. So, remember don't play your fund by just watching & reading. I know they are good but they good by there knowledge. So, Learn from everyone but before apply Learn your way.  

Patience

Very hard to keep, It has a great impact on every stage of life.

Telegram Group

Paid Trading signal, Pump & Dump group. It gives profit but their lot's of done scam.

Trading is easy if you are not too much Greedy & Emotional.

Good Luck &  8)

The most common reason behind this much of loss of money in the world of trading is none other than that of loss of control over the emotions by most of the traders. If you failed to keep your nerves under your control, then there are likely chances that you will end up making wrong decision. It is better to think well before doing any such thing in order to avoid kind of regret in your future life.

I agree, that not using all your money for investment is the thing to do! because it will be a big risk to your life, but the question here is the number 1 reason that can make you lose in trading and the total capital doesn't give you effect you will lose in trading or not? I think the most basic reason leads you to lose is panic and impatience. when the price drops almost all noobs must be panicked and sell their bitcoin and lose? then impatient because you're afraid the price will go down then you sell your bitcoin and you lose,

I think the top reason to fail in trading is no patience. Because if you have a target have patience on it to come. Don't go until your target has not come. Have faith and trust in the Lord Jesus our God. That what you're asking will be given exactly. Don't quit on circumstances that has come to you. Because that's a part of your success, if you overcome you win the price has given you.

Emotion are the key to be a good trader. One of the causes of failure in trading is poor emotional control. Trading requires good emotional strength, because then we can practice patience. Patience is one way to lead to success in trading. Without a sense of patience then we will only get the loss and also the failure in our lives.

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The reasons for investors to fail in the transaction can be mentioned as:
- Do not research coin investment but only participate because there are referrals.
- Unstable psychology leads to sell too soon when the market goes up or not when the market goes down causing losses.
- No clear target for each transaction so it is not possible to profit and cut losses.
Being an investor in this market should be calm and alert to make the right decision.

Hmmm… not really, but I support the first and third reasons that will lead to failure in trading. Fear is one of the biggest enemies you will have in trading, so if you really want to experience success, you need to focus on what you’re doing and take away every fear in you. Good traders who always wins the game are not into being scared of whatever it is that happens.

Next, it’s always good to invest in various places, in case things turn out bad with the other, you can always have backup. The second reason given by the op is like a win-win.

Well, every fail or loss in the field has a reason which leads to it. As well, in the field trading there are many problems which cause of financial losses, especially for the beginners and the most important of those reasons are:

Firstly, the rashness choices in different situations, and particularly when there is a big drop in the market.

Secondly, going to risky choices like, buy a huge quantity of currency, which are not successful and has a low value, so it's very important to learn the market before choose which currency to buy.

There is a famous quote, I believe the original author is not certain, but here´s and study (https://quoteinvestigator.com/2017/02/16/eggs/) that attributes the merit to Andrew Carnegie in the 19th century:

"The concerns which fail are those which have scattered their capital, which means that they have scattered their brains also. They have investments in this, or that, or the other, here, there and everywhere. “Don’t put all your eggs in one basket” is all wrong. I tell you “put all your eggs in one basket, and then watch that basket.” Look round you and take notice; men who do that do not often fail. It is easy to watch and carry the one basket."

That is, make sure that you don´t get into so many things that you can´t really follow them.

The number one reason for me is lack of experience because every trader must know what it feels to win and lose a trade. and another thing is loss trades make your very emotional and that can affect how you trade.

Well the top reasons that leads to fail in trading is your fear.You are afraid that your coin might drop down and lose alot of money that if the reason why you sell early to avoid big loss but if you just have alot of experience in trading I say that you can avoid to fail because you will hold it strongly and wait for its value to rise up rapidly before you will sell it in order for you to earn big.Patience in trading is very important.

Well, the biggest mistake that we are having is not trusting ourselves or with the lack of knowledge with the coin that we are trading or with the process.
Don't worry, just analyze what are the things that we think make us failed and realize what other steps we are going to make to overcome and to avoid loss the next time we try.

Top reasons that leads to fail in trading for me are:

1. Lack of knowledge on trading: If you don`t have enough knowledge on when to buy and when to sell, also if you don`t know what are the basis for a good coin to buy, these can lead you to fail on trading.

2. Emotional: People who are easily getting moved or always panicking when the price of their token gets down and sell their token suddenly may lead them to regret in the end and may lead them to fail in trading.

That's why it is important to have a research in the coin and study it so that we don't regret on what we buy and hold it because we know that this coin will give us a big profit in the future.

Entering this market everyone is panicked when prices fall and immediately sell at very low prices. I think this happens every day in Cryptoucurrency but if you know calm and patience then you will become a good trader because this market is easy to make money for those who can overcome the emotions

In my opinion, the greatest factor among all is the acquired knowledge. This is very important not only to trading but to all aspects of life. Committing mistakes in the field of trading will cost you money first and foremost, it will also lead you to frustration which might disencourage you to continue in this field or even in crypto world that's why knowledge is very important because this will serve as your guard against it. I already saw lots of trader wannabes that became losers in the end because they skip studying first and just set "Buy low, Sell high" principle as their only basis (that was right but not enough I think because trading is much complicated than that).

 i super aggree for this formula and make sure you have 30 to 40% btc in holding so you could buy support in more dips incoming of your porfolio its super profitable in the long run just have patient and youll be happy later on.

Well, those who are not giving enough time for this bitcoin and just after the profit that they will earn are really the one putting bitcoin up to this point, but still we are thankful as of today since bitcoin still the number one cryptocurrency, so I never doubt about it, and encouraging more people to invest as it is so worth to have it.

I think emotion is the reason to decide all because if you do not keep the emotions then you can hardly survive in this market because most if you want to become rich you have to be calm when buying and  waiting for sale. If you do this you can become a good trader

This is great, don't put all your eggs in one basket so that you can recover if you lose in one investment. Sometimes many newbie's are believing hear say on telegram or social media so they fail in trading. Make your own strategy on trading.

Telegram groups are not advisable if you're a newbie trader since a lot of these are pump and dump groups where you really won't learn anything. Its still best to do your own research and accumulate experiences by yourself. There's no shortcut in being an effective trader and failing is always a part of it

Emotions will take you to the pledge of an ocean that will either drown you or save you. But maximum times we see people drowning because they when they come to know the low price of bitcoins, they sell at spot. Reason is their mind don’t control emotions and they think if they don’t sell right now they will never get this profit which they are losing in other case. Hence emotions simply eat them.

This might be one of reason but the main thing is people start trading without learning about it and most of newbies are over confident that they can also score big like other but trading is not that much easy so everything need learning and trading is one of them and caparison with old investor they are still learning and they talk big they are thanking bitcoin on every single penny of profit so these are reason avoid them.

Thanks everyone for the reply. I have earned more experience by reading these comments

This is the mistake of new people who do jump into trading believing that they can able to make money the same into those traders that they saw that earns huge money and they decided to jump in without proper knowledge and experience which would really lead up to lose of money instead on making money because they do let their greed control them thats why they fail. They dont realize on what are the things needed for them to succeed.

Exactly

Telegram groups arn't advisible for anyone.

Basically the people running the telegram have bought coins already and the purpose of the telegram is to persuade other to buy neatly eating up the owners sell orders so he can cash out at a profit. No matter how experienced you are, you are going to get stung.

One of the reasons that may lead to failure in the world of trading is being emotional. Not only in trading but also in any kind of investment because as much as you would like to hold your investment, when you will check the status of the coins that you holding you got easliy panic after hearing or reading bad news about it and decided to sell whatever you have believing it can save you from big lost. But it is really obvious  that many are afraid of trying other stuff and instead focus on one item which resulting to either a failure or success.

I agree on what you have said its not really advisable to join up on those telegram channels because theres no such group could able to dictate and do guess on how the price would go but rather owners are just using you up just for you to buy and when the price pumped out they do sell out for profits and leaving those users who do join up the group. This is one of the fails if we arent wary enough and would rather trade up on our own and do our own assignment.

That was my problem. Learning how to hold . Also when you try to buy low sell high sometimes I  have jumped in perfect timing as its skyrocketing  buty getting out you just cannot and low and behold your coin shoots all the way to the bottom .
I now pick your best coin and pray .  ;D

Getting over emotional at the time when the market value is going up and then losing all your control over your emotions at time when the market value of the coins in which you are trading is one of the biggest reason of loss of money when it comes to that of trading. In addition to this. Lack of sufficient amount of knowledge which all the traders must need to know before even getting in to this also leads to loss of money.

thank for your sharing. I think the most important way to reduce the risks is controlling emotion. If not, you will be easy to lose your money.

Trading is un predictable job no one can exactly predict but proper research and study help to avoid huge losses.Panic selling,Buy in peak and sell in cheap,Investing at one place leads to fail in trading.

If you diversify the investment it reduce the losses if one you losing other side you are gaining.

Drifting through the wind is a very risky one I totally agree, some of my friends made some profits by chasing the pumped coins once or twice and they continued doing so until they faced around twice loss of their winnings.

Set aside your emotion if you are trading or investing your money in crypto currency and invest only the money that you can afford to lose. Most people fail in trading because,

1. Lack of information
2. Risk Management
3. Panic Selling

I agree in these five check list in trading. When you are in trading important to know what will you do and plans to your capital and to do this five things it will ensure you will gain huge profit. Great recommendation.

Agree! Being emotional is hard to control when you see your portfolio getting red and when you didn't know what happening to the market that's why other professional traders practicing to control their emotions when trading and putting eggs into one basket is very risky you need to research not one but 3 or more coins depends on your capital the more capital the more coins you need to hold to make safe your investments even you lose 1 coin the other coins successful and News are the main reason that affects the market waves due to other investors riding the news because they're afraid to lose their investments.

The main reason that i know why most of the traders fail in trading is they do not have the right mindset and they are so greedy in terms of their way of trading and that is the reason for them to fail because if you are too greedy and you are letting your emotion to lead you then you will not have good decisions because you are not thinking about it and you are just depending on your instinct.

Some people don't have any basic trading and just follow signal, and some people not mentally prepare to do trading, when the price drop down the traders will do panic sell, trading is not an easy job, it may seems easy but there are so many things that need to learn before you can learn to make profit, the most important things in trading is able to educate yourself and learn from mistake

I will just add the imporatance of cut loss. One of the most important things in investing and trading is risk management. Another strategy, and one that does not get enough attention, comes in the form of setting stops so that they can only lose a certain amount of money on any one trade.

Now you know it so there must be implementation of this advice in your trading. And this must seems from your work that yes you understood the fact. Because so many people ask such questions and when they came to know what is truth, they even don’t let themselves get away from such losses. So better is to be aware of such situations where your emotions can have impact on your trading.

There are many reason why we failed in trading. One of the reason that leads to fail in trading is being emotional one. Being emotional means you can't control your emotions. Like for example: Your coin's price falls down of course your money will decrease and you will panic. Also, do not put all your coins in one wallet because if the price goes down, your money also goes down . It really helps you to recover again if you diversify in into different wallets if one's failed. Always be a wise man. Know the right time to trade because not all the time are the right to trade.

I think it's selling when there's a panic in the market, or when you hold a coin for a long time and it does not grow and you sell it

It is really good if we are always updated to the news about cryptocurrency. Knowledge is very important, we can lose our money in trading if we don't know what is the latest news about the coin that we are holding and trading.

Yeah, I agree. Well we can't control on each and evryone of us emotion that kind of situation but basically we try to hold it as much as possible. Also, being a trader you should have enough patience or a strong emotion because after some downfalls ,soon it will recover as I believe it can have a great amount of profit in the future.

Buying coins when it is pumping to the highest is very risky and will likely put you in panic selling when the price drops to the lowest which, your emotion will play a big part on this so make sure to handle your emotion so you can make the right decision. Before buying, it is good to observe and study the price movement of the coin within 24 hours in the graph section because I believe it will you determine the price range for you to buy and make a sure profit out of your money.

You should give merit if you said that useful. LOL kidding.
However, nkt putting all egg in the same basket is very old slogan but very useful till now and future.
Cryptocurrency trading is very unique and profitable for people who know how to trade. Knowledgable people is the winner.

I would suggest to add having money available when the time the
market falls. No body can tell the future or can see that the
market is going to crash so I think that this is a good idea to
save some money to buy when it suddenly gets cheaper.

Failure in trading might because of many reasons, traders may not have a proper understanding of the market and also groundwork is important, lack of groundwork may lead to failure in trading. Knowledge about the price variations need to study the market, without the proper information they will involve in trading these are the reasons for failures in trading.

Actually it's putting all your eggs into one basket is the one way that you can actually reach your goals in investing. Imagine investing in a winning coin/token but since you've diversified, you've only reached a fraction of supposed earnings.

Diversifiying is for people with low-medium risk appetite, if you've got the guts and knows your decisions well, you might as well risk it all.

That is the initial capital for trading, we must have knowledge and also good information in order to predict how market conditions will move. I see this as an obligation because without any analysis we can not succeed. Many people say they have the qualities to trade, but they do not have enough knowledge. Courage will only make us lose money and we must be able to think in order to produce the best decision.

Lots of well-groomed people set up good strategies and tactics to start trading, but they're all ruined by uncontrollable emotional problems, So all the plans that have been prepared to start trading are futile, And the lack of experience in trading so they can not make the right decisions when prices go down significantly, We recommend that before starting a great trade it is better to look for some experience so you can know the behavior of the market, So you can know the consequences of each decision you will take along with the risk that you will receive later

Regarding putting egg in several basket, most trader have done this and its not that difficult to do. All in one trading also one of the reason and after experience, we can avoid this because now i dont all in one anymore.
Being emotional, all people know this can make our trading lose but why we can not avoid this easily? Its hard for me.

What if you haven't chosen the winning token? Imagine investing everything in a token that becomes worthless...

Going All-In and imagining that you can pick the winner, is a sign of a gambling mentality.

The reason for trading failure that everyone has met and many people can not overcome it is the feeling. Emotion influences the decision of the trader, when you become anxious when the market goes down you sell everything -> you fail.
When the market goes up, you still try to keep them from greed -> failure.

Our emotions play significant role in decision making and we need to understand that in business, there is no space for emotions. You need to be very practical and professional to gain profit. Traders should stay calm when there mighty coin is going through dip.

The inability to control one's emotions would lead to failure in trading. Trading takes up a lot of patience and if you do not know how to wait for the right time or to avoid getting affected by the sight of low prices, you will potentially lose. It's bound for you to see the market go red and during these times, it's key for one to keep their coins instead of selling otherwise you will incur a loss. Trading takes timing and we must not let our emotions take part of our decision making.

Every trader who failed to make some good money in trading has its own story. However, there are certain things which are common in most of the traders who failed to make money in the field of trading. One of the most common reason of failure is having less amount of knowledge regarding the things related to that of trading as well as having less self-control which results in panic selling, thus making you lose money.

All of you mention above is vey good though. Before decide to trade, its really important to do if you wnat to be successful.
Another thing also characteristic of trading. Like below :
1. Greedy
2. Emtion
3. Patient

All these are major requirements for a trader to control his emotions but at the same choosing the right coin is always required, if he don't choose the right coin he might loose his patience and start panic about the market. So first and most thing required in trading we have to act according to the market with lot patience.

Good read, and I agree. And to add, I think being to lax and lacking diligence also contributes to so many failures in the trading market. You can't just 'wing it' here in this market. It is so volatile and unpredictable that jumping-the-gun practices without even studying the background of your trades won't do you any good. If you will be trigger happy with the idea that since some tokens possess some features that would 'probably' make it successful would suffice, then you are sadly mistaken, because trends and movements of coins may change in an instant. Sometimes, even after all the prep work you did, the trade still goes south. Every move should be geared to mitigate, or ultimately, avoid losses because the market just has so many alleys that could lead to failures and loses.

Yeah,you are right many people are losing their money because they can't control their emotions while trading so they get panic ans sell low and buy but what we have to do is buy low and sell high.

1. The Wrong Idea About The Market

2. Unprepared to a loss

3. Using Your Emotions To Dictate Your Trading

4. Trading The Low Time Frames

5. Not Sticking To The Plan

6.Absent Money Management and Poor Chart Analyze.

These are the 6 main reasons that leads to fail in trading.

Generally a trader who spends a significant amount of time on the stock exchange has already studied all the features of the behavior of currency points. Thus, such a person can not succumb to panic or any kind of incontinence because of market instability. The basis for reducing failures, you need to control the market.

I think the biggest mistake which lead starters to fail in trading world is the lack of knowledge about this field. Many newbies think that trading is a very simple work, and that it is the shortest way to making huge earning online, which is clearly wrong. Before trading you have to read and learn the basics at least, because it is still very risky.

People fails they excited to start without any knowledge and even dont know about statistics of charts.Investing at on place mainly chances to loose money. Emotions also play best role in trading need to control the emotions according to the situations.
Learning should not be stop it groom skills which help out to take right decisions.

and in addition to that i requires at lot of time invested , and you need to be generally smart. it isn't as simple as buying a random shitcoin and hoping it goes up soon.

Not patience enough and move too fast. it's too volatile so we must take our action slower.

"Drifting through the wind": there is no doubt that is the most dangerous reason why many people lose their money. In my opinion, we just buy and trade which i could understand. Besides, we also should not invest in coin which do not have good products.

 for me the top reason that leads to fail in trading. is being greedy to have a huge profit instead of step by step procedure and a lack of knowledge on which coins that you want to buy on exchange. there's a lots of coins that fail in marketing even if a huge potential in their project. just research first before you do any action.

Great thread. I learn a lot from threads like this.
As a newbie, it is important to me to learn how to "read the wind" in this bussiness, eventhough most of its dynamics are generally  unpredictable. It's like a mixture of forex and stock exchange, and other kinds contained in it. But basically it has the same principals: do not be emotional, do not be greedy, open to diversities, etc. :)

Keep ourselves patience is very easy to say but in reality its very difficult  to do.
Then we have to learn how to manage patience. Not many people can do that include me. Its so difficult.

For me, it is also being emotional. Not being able one's emotions when it comes to trading plays a big factor on how a trade will turn out to be. So, the best thing to do is to establish self-discipline in order to increase the success in trading, thus giving a guarantee in earning. In addition, learning about trading also helps a person be more effective as a trader.

It's easy to lose composure by watching how the price, which has almost reached a high level, is swiftly unfolding and flying dozens of points in the opposite direction after the release of unexpected economic or political news. However, the trader must be prepared for such situations.

I totally agree with all of them and as what I have experienced, we get too panic if the prices goes down for some time. We should be patient and be still in our stratgey and hoping that it will materialize soon. Also, we should keep ourselves updated with the news about our economy and Bitcoin forecast so that we will not get suprise if prices goes down and up. We also need to understand the candle stick graph because it will really help you to at least have an idea on when is the best time to buy, sell or hold. There are so many materials out there that we can utilize to help us in trading Bitcoin, Stocks, Bonds and many more.

I agree with the rest of your post but not this one. As from what you are saying you are interchanging Investing to Trading which is totally different from each other. In Trading the tactic "Diversification" is not good as diversification is meant for investing as you wouldn't want your asset to be affected by another industry. You are also mixing Fundamental Factors in Trading which is totally irrelevant

Diversifying will only lessen your capital as you will spread it out to many cryptocurrencies. Also by doing so you will be managing a lot of coins instead of focusing on only one coin.

Putting emotions into trading, is one key factor that can make you lose in a trade. This mostly occur when someone puts a reasonable amount of money such as his/her savings in the trade. Which is why it is always advisable to trade with money that can be path with.

Thanks everyone for sharing extra info in the comments

- Not Maintaining Trading Discipline
The largest mistake any trader can make is to let emotions control trading decisions. Becoming a successful forex trader means achieving a few big wins while suffering many smaller losses. Experiencing many consecutive losses is difficult to handle emotionally and can test a trader's patience and confidence. Trying to beat the market or giving in to fear and greed can lead to cutting winners short and letting losing trades run out of control.

- Trading Without a Plan
Whether one trades forex or any other asset class, the first step in achieving success is to create and follow a trading plan. "Failing to plan is planning to fail" is an adage that holds true for any type of trading. The successful trader works within a documented plan that includes risk management rules and specifies the expected return on investment (ROI).

One of the reasons that you may lead to failure in the future of trading is being emotional.. :)

Not only in trading but also in any kind of investment because as much as you would like to hold your investment, when you will check the status of the coins that you holding you got easliy panic after hearing or reading bad news about it and decided to sell whatever you have believing it can save you from big lost.

Always have patient in trading, if not, then you would fail and the other reason is avoid day-trading.

In my opinion, two reasons, why you can fail in trading are being emotional and not learning the basics. The sphere of trading is very diversified and you should be smart to know how to trade to earn a living.

Thanks everyone for sharing your trading strategy

this is not very important to me, for some time ago I used to do sales in a state of emotion because it is related to the necessities of life, so there is no pause in my mind to hold some coins that I consider potential, maybe the passage of time can provide a solution to errors This fatal because many coins that look prospective.

I do not why you guys are trading coins all the time instead of holding. Hodl is the best way to make the money if you trading you are loosing the money for the few amount profit and finally all the fund you have will not be in your hand bro.
If you loosing the money on trading, maximum you may not fixed the selling when the right time and not buying the crypto currency when the price is low. If you done this both in the perfect time finally you can make more money.

Strong reason to fail in trading is impatient, in the crypto market you have to be patient as it rises lowering the price very quickly, do not hesitate to hold if you are unsure, the key to successful trading is patience

From what I've witnessed, i seen that being overly sensitive to price fluctuations is one of the worst negative effects on your investments. maybe, you will be afraid to sell your coins hastily, and after that, the price increases again, sometime it will be higher the past time. surely, that thing makes you regret  what you did.

Failures are somehow advantageous if one knows how to make it a platform for betterment and success. The most common reasons why trading fails would be using the wrong strategies and plans, lack of skills and knowledge in trading, putting all assets in one investment and having the fear to embrace the risks. It's always better to continue studying what trading is, its nature, market condition, what needs to be done in times of crisis, being emotionally stable, checking the market status and value, and knowing how to best play the game. In this way, it can decrease risk and give a stress-free mind. Don't panic, just trust and believe.

Some of us don't have really the patience in investing/trading, we don't want our money to idle in the market, what we want is to have a result in just short period of time, so for me we don't need to be in a hurry always in getting profit sometimes it takes time.

Top reasons that leads to fail in trading :
 
Bad Management Skills

Failing to Understand the Market

Not Putting the Stop Loss

Trading on Leverage

Not Applying the Learnt Concept Rightly

Greed

Emotions

Trading on Tips

Lack of Knowledge

1.   Trading without knowledge is the most common reason failing. Many people take trading as gambling.
2.   Having unrealistic goals.
3.   Selling your investments out of panic. Getting emotional will not help you.
4.   Not diversifying the investments.
5.   Investing more than what you cannot afford to lose.

Not to fail when making trading business, you should always stay calm. Also, you should better deal with many alts than with 1 or 2 coins. patience is always needed.

I think the top reasons that leads trading fail is because lack of knowledge about trading or engaging in trading with little knowledge, as the saying says that small knowledge is dangerous and lastly is when we don't have any risk management that have been plan prior trading.

Right.I believe many people here are only engaging into trading because they think it can help them to become rich quickly.But it only make them failed in the end.Trading is a very risky thing so you should study well the nature of trading and all the things that are relevant to it.Then let yourself experience it so you will experience losing or winning.From there,you will develop your own skills in trading that will be very essential in making you a successful trader at the end of the day.

Trading isn’t possible without patience. It is just like the relation of smell and flower or color and flower. A flower can’t be glorious if it doesn’t have smell and color. Likewise, a trader wouldn’t be successful until he hasn’t been equipped with better patience material. When making decisions, only such trait would be helping to you because you see the disturbed moments but you have to be patient.

Top reasons people always fail in trading :
1. Over confidence : this reason for newbie in trading, they will feel over confidence when they got profit at first time and make them over confidence to take next position ( a lot of them will buy all in )
2. Lack of technokal knowledge : they think trading is like gambling and they usualy lack of technical knowledge they just buy in panic and sell in panic.

one of the main reasons is the lack of education, just many people rushed to trade without certain knowledge, I think that they will be lucky and they will get a big profit, but it should be remembered that here it is still necessary to have knowledge and experience in trading

I think lack of technical analysis studies is a main reason. If we can predict the price changes well in advance, it should make it very easier to deal with the market.

In my opinion it is lack of patience, this factor decides success or failure in Crypto. If the market is falling and you worry, sell them off then increase again you will lose a pretty big profit margin.

Very helpful for beginners. You also have one more to add to the list. Do not buy during FOMO and do not sell during FUD. Often we miss a great chance to hold a coin to get long-term results because it sells early or buys too late. You also need to check the coin chart. There may be thousands of reasons why people fail with their trade. One of the main reasons why they fail is the lack of knowledge and experience.

Courage is the one of the most important in trading without this personality we can't able to success and it has possibilities to failed in every transaction. Without experience it can lead us to fail because we don't know the processing method in such trading technology.In this case, we can take difficulties without learning from mistake.

Since I am doing a full-time job and part-time business it is not possible for me to give the time which is required for trading and hence I believe that trading is not my cup of tea. I have lost my entire capital in my initial days of trading just because I used to blindly rely on opinions received in the exchange chat box. In certain cases, emotional quotient is a highly required aspect as compared to that of intelligence quotient to deal with the situation. I have noticed this element in successful traders having less intelligence but high quotient of emotions.

Greed is a common problem. If you give a person a mountain of gold, he'll want another one and on and on. He won't be satisfied and if he loses it, he will be in regret.
It is hard to know what price and rate of profit to sell at e.g at 1X, 2X, 10X etc. This varies for each person and depends on their goals in live and what they want to achieve. Without determining this for oneself, one can't have a strategy for when to buy and sell, so one ends up going more on gut instincts and emotions.
Many also fail because they use TA and assume that past performance/trends prove future performance/trends. Such people tend to see what they want in the historical data, when actually the comparison is more complicated because the causes of the historical trends/performance are different to what is happening now. This is also bad for the market because it becomes a self-fulfilling prophecy.

One of the major reason for failure in trading is impatient. Most of the traders are not patient when the price is down. The other main reason is day-trading. You have to be an expert in trading to be successful in day-trading. It is not for beginner.

Not a good idea if you are still a beginner, you will not succeed even you are lucky in your first try but in the long process you will still face defeat and emotion will undergo with your ego, you will start to be more aggressive and if you will fail to control such emotions then you will fail each time you deal with your investment, I would say that better to continue learning more and more ideas in order to completely succeed with this industry and avoid certain high risk,

Yeah, let's face it. There are no experts in trading in crypto yet. Experienced, sure. But when the market is so young, and people perhaps at most have 2 or 3 years under their belts, hard to call them experts. The fact is, almost anyone who's been able to buy low and sell during the spike made money, and to me this has a lot more to do with luck than with skill. Day trading is the same thing. All these traders are still resorting to bots and other people's strategies. In the end, this is all luck - good traders recognise that.

Patience is a skill itself, though, I'd agree. Discipline is the most lacking aspect of traders, old and new.

there is actual no reason for a successful trade. once you understand this, then you are one step ahead to a successful trade. before you trade, you need to have a good kniwledge and understanding of the system, what are the good uses of the cryptocurrency, how fast and effective can the transaction be done,  how trustworthy are the ICO promoters could we cannot rule out the fact that there are quite a few untrustworthy ones. study the market trends, don't hold for long, do not put all in one wallet and never trade with more than you can let go

Keeping a journal is  a must for every pro trader and I think it is the only way one can monitor his or her progress. Proper money management with a good risk to reward ratio is also another good point to observe to prevent yourself from failing in trading cyrpto currency.

The main reasons why many traders are failing in trading cryptocurrencies are lack of patience and lack of knowledge. Impatience can cause you to sell and buy cryptocurrencies in a wrong time. We can't use effective strategies if are knowledge is not enough.

In my opinion the main reason why people lose so much money when they trade is that they start too soon, when people hear about cryptocurrencies they get overexcited about the potential profits that they can make, and instead of trying to learn as much as possible about the market, the history, the technology and the techniques needed to become a successful trader, instead they just buy whatever new coin is the most popular at the moment, some may be lucky and make money but the majority of them will lose money because of their rushed decision.

Even those self-proclaimed experts in the field of trading still lose a big amount of money when they trade, it's just that others are just more prone in losing in trading because of the lack in experience. We always have a 50-50% chance of earning a satisfiable amount or not, while experienced traders can eliminate the odds and make the percentage for earning a profit higher than losing.

Usually newby trader don't think about risk management. To be a profitable trader, you never look for the peak of the movement. You look for the small profits that will accumulate into a big one.

I think the reason behind the failure to invest is.
- not learn before investing.
- do not set goals for yourself.
- do not have the patience and determination to invest.
These things will lead to fear of lack of understanding of the market, it will make you fail when you invest.

I guess being emotional is the most hardest part of being a successful trader. Although you follow all that listed above, if you have a weak heart and easily pannics on small down changes, you will fail. Mindset is very important with this. Focusing through your goal and be knowledgable that prices are normally volatile.

I know some reasons lead to failure in trading

1. Lack of knowledge about the market: This market is hot but extremely harsh. From its inception, about 1800 VND has been created, but now there are only about 1100, leaving about 40% already; The nature of money is also a very important issue to discuss because not everyone can afford the knowledge to understand what CryptoCurrency is, how it works, and so on.

2. Lack of knowledge of trading: Trader from Forex to Tradecoin are dangerous wolves in the market, they already have knowledge, trading experience and with such an emerging market is too predictable. Their victory is too simple, and newcomers to the course will be just the tip of the shark for the wait.

3. Psychology: New players will be genuinely in a loss, and the more they lose, the more they will lose consciousness, and so will continue to suffer losses (this does not exclude those who have experience is always the other, they know to stop and relax). It can be said that this is the decisive factor in a fight!

4. Low capital: the less capital you will want to get rich quick with the X2, X3 racquet, but the risk is very high, they often play Altcoin so the speed of capital loss is usually double hole. Play a very safe game, they accept low interest rates, moderate and bear the risk, month they need only 20-30% average profit is too happy. Therefore, whether you have less capital or more capital, do not be greedy in this market but calmly play with your strength.

5. Objectives: Wifi, computer, family, debt, ...

Panic, impatience, leak of knowledge of how does the market operate, greed. You all know that reasons exactly :)

That's it, isn't it? There hasn't been a trader or signal provider, individual or group, who can show consistent profits from Day 1. They'll tell you how they multiplied their bankroll by X% in a month or even a year, but seldom can provide exact entries, exact sizes of trades, exact portfolio. Just manipulating any of these items to suit their needs. Even bots and AI which claim to have an edge with emotionless trading invariably incur losses - strategies work until they don't. Positive growth is of course possible but only with patience and discipline... and a lot of luck.

The top reason always be lack of knowledge of an individual when stepping into trading industry because as we all know trading is some sort of advanced crypto knowledge that needs time to fully learn it. Another reason is being a greedy person wanting for their money to grow fast without knowing the opposite is happening so in the end instead of earning profit they actually lost all of their money in that bad decision they've made. One more reason is lack of monitoring and bad buying and selling timing. And lastly I think is the luck doesn't come to them.

Thats true, I think the foundation to make a profit in trading one of them is patience. many of the traders are too reckless, easily panicked and impatient in the face of market situations that are not in accordance with their wishes. eg the price drops and doesn't recover in a short time. then many of those who cutlose and lose just because they can not be patient for longer. I think courage is also needed

1. Lack of technical education
2. Poor money management
3. Lack of discipline
4. Emotion-driven trading

These are my 4 picks for failing in trading in no particular order. Master all of this and, given time, you WILL become successful at trading.

The top reasons that lead to failure in trading are huge in number. Few of them I would love to mention are lack of basic knowledge about the currency you are dealing in. As a result, you take unwise or redundant decisions in crucial time which leads to loss. A long term investor is often a happy investor because he keeps himself away of the fluctuation shocks in the value of the coins he invests in and wait till the steady state in achieved. Lack of practical experience and inability to invest and, hold or trade in the right time.

I like to add the greed factors. It is common culprit of bad decision most especially during Bull Run. More often people still invest even they already know that the market is overbought. In case of selling, many traders didn’t stick to their trading plan in hoping that the price still increasing. But most this kind of trader lose because they were left behind in low price.

Top reasons that leads to fail in trading, One is lack of knowledge on trading, if you were start on trading while having no knowledge yet there is a large possibility that you might fail. Second was no patience at all, if you were holding an investment, and you were very impatient to wait for it and in hurry to trade it, you will not gain on your trading but instead a minimal profit or even losses.

The main reason for the problems in trading is trading, why do you think that other people will give you their money?

This is also another reason why people fail at trading, they have completely false expectations about their winning ratio, they think that good traders never lose, that they always win and that is not going to happen, whenever you enter in an activity in which there is the possibility of winning or losing you need to be prepared for the fact that you are going to lose, but traders probably win 60% up to 70% of their trades and that is at their best, because as we know traders have also some bad luck once in a while and their winning ratio goes even lower during those periods,

For me I think not waiting for a confirmation leads to loss in funds,so Patience is need and enter when your strategy tells you.

The presence of failures are real and can happen at any unexpected time, but if it happens repeatedly I think we need to take actions to address it. Common mistakes can be overconfidence, not having a trading plan, get too disappointed if trading goes against the traders instead of taking efficient actions, or overtrading. Trading can be profitable, as long as we get to be aware of what has to be properly done and what has to be avoided.

I think what leads to trading failures are the limited knowledge of the product and services or the technicalities, failure to stick to effective strategies, impatience, and not welcoming constructive criticism. We can't avoid failures, even experts fail and fall but what keep them going and survive is because of their strong determination and they use failures as an advantage to polish and correct their flaws.

in my opinion, if the extraction of the trader was very small, then it would be of interest to a minimum number of people. Today, the business of crypto currency is developing quite well and each of us uses not only trade, but also investments. Even having a win in 60% of deals, you will still have a good profit.

most of the reasons for failing to trade in the crypto world are fearful of the risks that will be accepted. because trading if you do not have experience and do not have a good strategy that would often often lose. so it's better if you want to start trading it learn in this forum, because this forum is a place to learn various ways of bitcoin world work such as trading of course

Dicipline,  extra patient and dont be greedy is factor that make trader become succesfully.  Beside that is trading strategies, use stopp loss in every trade and focus to analysis and looking for update news related crypto.

Yes, that is all the factors that bring failure to the traders but they do not realize it. I also made the mistake of investing all my money into an altcoin. I was very nervous and sold them when the market went down.
I have no plans to invest or analyze altcoin. Therefore, new traders should read this article before investing in any altcoin. This is really a very useful and concise article. many thanks to author ;D

Trading without knowledge about dos and don'ts may also lead to fail because some put all their money in one crypto which they think can give bigger profit but mostly the opposite happens instead divide it in a sense that if one fail there is still other crypto left which can give profit.

Well, from what you say and some comments here, I think we have two main reasons to make us always fail in trading, the first is that as you say, many people lack too much knowledge about where they are preparing for the investment, they just listen to others say it is good then they invest, they do not have any analysis. Second reason, that is probably the problem of patience, most traders think this is very easy but the reality is always the opposite, the waiting time is too long and bad situations are constantly occurring, that affects too much the emotions of the traders, so they lose patience and make wrong decisions

Many business managers fail because from the beginning it has been burdened by demands to be successful. In some cases there are traders who rely solely on trading for the day ahead which causes great mental stress. The demand for always profit will make it difficult for traders to control the emotions that ultimately lead to the destruction of trading accounts.

Trading is very much tricky job to do and that it becomes very much difficult for all those who are busy in trading to handle the situation in the best possible way and that they suffer a huge loss as well sometimes because of this. As far as I think, loss of control over the emotions and making the decision in a panic or in a hurry are the most common reasons which can result in loss of money.

That is the thing we should avoid when getting started to bitcoin or in trading with cryptocurreny. We should never put all our ace on trading we should always need to remind ourselves that there would always be a risk in taking ways to earn. So that we could take better decision on transaction and trading that could result for a stable income in the future.

As far as I see most of people in here doesn't have any target for buying and selling so fail starts in here.
I thing the biggest cause is not having a target

To make profit from crypto trading not only need strategies of technical analysis but also we should have good psychology, always make research and thinking twice before open potition and buy coins, learn about support and resistance area for day trading, and for long term trading very important to learn the fundamental of the project, to know the team of the project and and they should consist of professional person, and understanding what problem they want to solve.

Lack of self-confidence is caused by lack of knowledge. Too many negative things that fill the mind. Ancient fear of fear, fear, and so forth. Fear-fear is avoided for you to make transactions and eventually many golden opportunities are missed.

One of the reason too that leads to fail kn trading is the lack of patience too. Though we have already equipped with knowledge and skill if we don't have any experiences and patience with what you are doing there's nothing for you to hope for a success because in trading cryptocurrency absolutely needs a huge patience of a traders.

Not really, trading is a game in which you are trying to outsmart your opponent in that way trading is not that much different from games like chess, the difference is that you do not see your opponents but everyone is doing their maneuvers trying to earn money and you must do the same, no one is giving you money for free you are taking it away from them with your superior skill, if you have that, and if you don't then you are the one that loses the money, this is why knowledge and experience are critical in trading something that many people are lacking.

- Not having a sound plan
- Emotional intelligence

Another reason that make a trader loss money is not having a knowledge of what you are trading.
a good strategy is very important in trading bitcoin.
knowing when to enter a trade either trading with demo ,when you perfect you then trade with real account.

 

I agree a lot in "dont put all eggs in one basket". As we do not know what will happened tomorrow. So better not to put all the investment in a single exchange site. Instead, I am trading my BTC, and ETH in Poloniex, Bittrex, Kucoin, Liqui, Binance, Forkdelta, IDex, DDex and Bancor. Yes literally, I split them all in these exchange sites. I dont want to blame my self, if I traded all of my coins in a single exchange site, then all of the sudden, hacker came and loot all the crypto money.

That is a great idea, people talk all the time about diversifying their investments and while that is the correct strategy people seldom talk about diversifying the exchanges that they are using, out of simplicity and practicality most people use the very same exchange for every single trade that they make and this is a huge mistake because you are letting a single entity to know everything that you do with your investments and even worse as you say if an exchange was targeted by hacker you could lose all your money instead if one of the exchanges that you are using is hacked at worst you are going to lose a small part of your capital.

The main reason, is that everybody joins trading only for a fast profit, and they lead to lose all their money because they were trying to make a "fixed return" of their budget. This happened to me before.

Most people who do trading mostly doesn't prepare theirself to lose. They don't know what to do when they faced unexpected result and then panic. When at panic they mostly will cut loss which is bad for trader.

Yes, i agree all you mentioned and additional for that mostly new traders common mistake is the wrong time in entering the position, such a mistake is caused by a tendency to buy hypes.,the most popular coins at the current moment, the problem is that rates are growing only when the demand surpasses the supply,more coin is being hyped-larger is the demand,in the end traders trying to fix their gains through selling their coins,we should put in our minds by blindly buying the hype we are investing into someone others pocket.

For me, selling during dips is one of my biggest mistake and of the top reason I failed in trading. I lose faith in crypto in November 2017 and almost lost BTC.30 because of selling all my underperforming altcoins.

I personally experienced very serious mistakes from the trade. Really, it is not as easy as when we invested long term. In the lessons learned from those mistakes. I find that hurry and impatience are the main reasons that my transaction lost its effectiveness and failure. Sometimes the risk is increased. Therefore, achieving a balanced state and maintaining energy and psychology in trade is very important.

Yes, totally agree. Both newbies and experienced traders are prone to commit mistakes while trading most probably due to an emotional state of mind. Instead of directly jumping on to trading, the newbies need to go through at least the fundamentals of blockchain and cryptocurrency. If do not have any prior trading experience then knowledge gaining about order book and trading indicators become necessary.

Carelessness towards keeping the private key secure is also one popular mistake. Becuase if private key is gone all the coins are gone. About your second point, a diversified portfolio is must. With so many cryptocurrencies, there are better features available than bitcoin.

I agree with this. Impatience and chaos are the reasons why I do not have a better psychology. Just a little more time to be patient. I was able to get x10 profit instead of x5. It is a regret and sometimes a pain.

I think you need to add being greedy as another top reason for failure in trading. This kind feeling is so dangerous that it can lead to massive loss in portfolio.

While on the other hand the thing you need to add to become a successful trader is knowledge in risk management. Risk Management in trading is the art of identifying the Stop-loss (S/L) and take-profit (T/P) points.

I think the reasons we failed. Fear when price drops dump. Greed when it sees it pump. Do not know how to divide capital: D

The top reasons why people failed in trading is that they have lack of knowledge on trading. They were like a soldier in the the battle that were not prepared. If you were know nothing on trading, you will not become successful on it.

Some newby traders can get lost in their emotions during a losing trade, which leads to a spiral of poor decisions. It's important to remember that crypto is not always means to get rich quickly.

Some newbies are panic when seeing the red portfolio and made the very fatal decision. That is the most common mistake made by most people especially newbie.

A lot of reason, and for me the greatest reason is ourselves because I knew we already know and planned our strategy in case but in reality we are afraid to take risk especially when we are just new in trading, but it is okay for as long as we will take it as a lesson in our trading life.

Being emotional is really the main reason for failure in trading is not able to refrain from a state of unstable prices to make a mistake that is selling when cheap buy when expensive yes to keep emotional is very important. do not put all the eggs in one basket it is a word which is very appropriate for us in running the science of trade in order to avoid a very bad loss. Here I found a lot of knowledge about the world of commerce and it is very useful for life may be patient, focused, conscientious and not easily influenced by others is the key to success

It seems to me that the inexperienced trader first of all has strong emotions. But with time comes experience and calm, then your activity becomes much more productive.

I totally agree with you and in addition I want to say people are extremely greedy specially the newcomers, Trading is not about winning your trade all the time and you have to bear the losses as well, So the trading is more about emotions and less about money.

The reasons for investors to fail in the transaction are many but can include a number of reasons such as:
1. There is no knowledge of the cryptocurrency market, because investors are referred friends.
2. Have no experience in financial investment and crypto so psychology is not stable.
3. Do not self-study projects to participate in investment, but follow the group telegram pump / dump lead to losses.
Here are some of the reasons that I often see in the cryptocurrency market that cause many investors to lose a lot of money.

Even though pro traders and veteran traders do oftenly loose no matter how they train and work on their strategy it is because trading is really an unpredictable job and no one can perfect it not even you have a lot pointers to follow like the ones that op suggested.

but as what many people said, loosing is just a part of the game. you can just try again and again in order to earn some profit that can lessen your previous losses.

One must know to be persistent and consistent in making decisions, planning will help us to have chances of earning in crypto, deciding in panic mode will lead lose eventually.

True that some people become so greedy when they see that bitcoin is increasing in price even is the price was risen for small amount so they trade with small price, as most of people use to say that trading is risk so I think if before starting they will know about important features of bitcoin so they will not lose anything but they will get profit, the other thing most of foolish people waits for bitcoin to be expensive sot that then they buy and trade when they see price is getting down,, so it is not a good thing for a good trader.

emotion truly fails a trader,with emotion comes fear after loss,which will result to steady loss and fear to come back and learn from mistakes.

The problem of trying to get fast profits is very widespread, I understand that we want to obtain profits but at the same time we cannot force the market to give us profits and this is especially true when it comes to a fixed return, as a trader you can only get what the market gives to you if you try to over trade to make more money in a particular period of time the most likely outcome will not be that you get profits but that you get losses instead.

If we concentrate on novice traders then all of them will experience this thing. At most, only a few won’t show such behaviour. The reason is lack of experience and lack of knowledge. Due to this, they fail to control their fear and emotions during the dip. Anyone with the deep understanding of digital market knows the right action to do in declines.  He will also be aware of its function and make the most profit by buying at low rates.

I agree with the reasons you are saying. it can also be a handle for traders who just started trading. and in my opinion there are still many reasons why people fail with their trade. One major reason why they fail is the lack of knowledge and experience and they are lazy to learn. when a person has sufficient knowledge and experience then that person can cope with any situation and can manage any trade to be profitable. Failure in trading is common to traders. the most important is how we can make that failure as the spirit to gain success and make failure as an experience to learn so as not to fail again in the future.

This is indeed a point but in my opinion most probably investing in wrong projects and not making wise decisions in quality time leads to a big failure. If a person wants to be successful he should be keen about his investment and search for promising projects rather than taking risks in fake projects and facing failure. Trading is a skill which requires focus and patience and interest. If any of them fails the trading fails itself.

The most common reason of failure when it comes to that of the day trading are none other than that of having lesser amount of knowledge regarding the things which are related to that of the trading, loss of control over the emotions at tough times, wrong choice of the coin for the sake of trading and above all, copying others by doing the things which they are doing without even using your own mind.

for me, emotions may have been the only thing that has put me down in trading. I have still not overcome it. Doesn't always get me but when things go south. I do get caught.

Patience is key ingredient in cryptocurrency trading. Secondly, not putting all your eggs in one basket is another aspect. The fund is such that you can leave it and wait to appreciate (if your strategy is buy and hold). Trading skills is essential so that you know when to enter/leave the market. An overview of news on the cryptocurrency is important as well. Caution is the watchword when reading cryptocurrency news.

Trading is difficult, and more if you are just a newbie and you do not know much how to trade, because you are  going to lose a lot of money because of that, actually. The greed is the biggest mistake

Here is a crisp answer:
1. No exit strategy in place.
2. Buying because of FOMO
3. Investing without understanding
4. Putting all eggs in one basket
5. Investing more than what you can afford to lose.
6. Falling for rumors (no research being done)

The next time you decide to invest, make sure you are informed. You can try CoinSwitch, which is one of the largest cryptocurrency exchange (https://www.coinswitch.co/) aggregator and compare prices of 300+ coin in real time and exchange at best rates from leading exchanges all in one place.

Being emotional alone is already the core. If you were too afraid to lose that fat money then chances are - you would sell immediately during a dip, without thinking about why you have bought that coin in the first place.

Well said sir Im very relate to those three things. And because of that many of my trades fails and loss. Thanks to your advice I will apply it to my self to improve my trading in the future. As a newbie I will face failure but life goes on and take it all as a experience.

Have the feeling of afraid to lose more when sawing the down trend and got panic are the most common mistake that we made. Through experience we may able to control it.

the main reason that fails in trading is our lack of patience in trading and also we are less precise in choosing a good coin, if we can analyze the coins well we will surely profit.

Losing maybe part of trading but being a newbie is not a valid reason to lose, you lose because you do not know what you are doing, you did not research well in short you did not made your homework on what to do when you are still starting. We can always minimize our loses if we only know what we are doing.

Some of us don't have really the patience in investing/trading, we don't want our money to idle in the market, what we want is to have a result in just short period of time, so for me we don't need to be in a hurry always in getting profit sometimes it takes time.

A new trader can be effective in trading as long as he is packed with the necessary knowledge and wise enough to not be affected by outbursts of emotion. Being a newbie does not excuse one from being too ignorant in trading effectively although experience is an important advantage. Information is already available in many resources and coupled with common sense, one is way to go in good trading.

I think the top reason why traders are failed in trading is greedy,inpatients, lack of knowledge and no have yet experience in trading.I know that trading is basically buy low and sell high.but not just to think.it needs to view the project of you're coin that you trade that's why many traders have loss.its just because they don't know the project of coin if good future or not.

Most of the traders today are failing because they are all impatient, most of them tend to sell their coins at the lowest price when the market is dumping its price and from there they are losing a huge amount of their investments.

The advice of buy low and sell high is always the first one that would be given when someone ask what to do in trading and how to profit in it but even though it is the most basic, many traders cannot still follow it and often times do the opposite which is buy high and sell low resulting to more losses. When a coin is hype and it already has a high price, some would immediately buy thinking that it would continue to rise and then the coin would dump and the one who bought has already an unrealized loss and be discouraged of the price selling it at a low price which would lead to a realized loss. This would continue until such time one learns his lesson and have a trading plan and risk management.

Yes, i agree with you mate,there are two top main reasons why traders usually failed, for being greed and impatient ,trading is the hardest part in crypto, to lessen failures as a  trader we must do some knowledge about it, never be panick coz the fact is the market will not disappear.

usually leads the leads to fall into the world of trading because they can not control their patience to make them vulnerable to market conditions and very easy to panic, which makes it a loss.

the main thing is to have a certain plan of selection, entry and exit from the transaction. you can not make decisions when you are already in the transaction, such decisions are already deliberately not correct and are based on chance

The leading cause of failure in the transaction I think is that we are so overwhelmed we do not understand all the issues involved in the transaction as we have many things not understood in the transaction process.

Chasing the ones that are already being pump is the biggest risk of the traders,FOMO they think that the coin or token would continue to be pump then ended up being dump after they got in,
And also putting all of their money in trading so when they need some money for emergency cases they wouldn't have a choice but to sell their token or coin even if the market or the value of the token is being dump.
I think most of us already experience it and it is really great to remind your self about what you need to do in trading thanks for reminding us about it.

I suppose what results in buying and selling disasters are the restrained expertise of the product and offerings or the technicalities, failure to stick to powerful strategies, impatience, and not welcoming positive complaint. We can't keep away from screw ups, even professionals fail and fall but what preserve them going and continue to exist is due to their robust willpower and they use disasters as an advantage to polish and accurate their flaws.

Failures are somehow advantageous if one knows how to make it a platform for betterment and success. The most common reasons why trading fails would be using the wrong strategies and plans, lack of skills and knowledge in trading, putting all assets in one investment and having the fear to embrace the risks. It's always better to continue studying what trading is, its nature, market condition, what needs to be done in times of crisis, being emotionally stable, checking the market status and value, and knowing how to best play the game. In this way, it can decrease risk and give a stress-free mind. Don't panic, just trust and believe.

Right.I believe many people here are only engaging into trading because they think it can help them to become rich quickly.But it only make them failed in the end.Trading is a very risky thing so you should study well the nature of trading and all the things that are relevant to it.Then let yourself experience it so you will experience losing or winning.From there,you will develop your own skills in trading that will be very essential in making you a successful trader at the end of the day.

So you mean to say that the fall in the trading is due to emotional which is right. It is also due to the fact when you invest in a coin that is not of enough future profitability, and after sometime you realize it, you let it go not thinking about the consequences it would have on the crypto market.

Also trading in the red market when your portfolio can earn you only a little money is not desirable as well. Knowledge plays vital roles in helping you understand things that otherwise are tough to make clear.

Nothing is easy right now. Brother if you want to make money, even begging isn’t easy although it is the worst earning source but still not that much easy. And as far as risk is concerned, please don’t be childish. We suppose you to be a sensible person who have sense of thinking. How can you say this? Everything here in this world profitable have risk attached with it. So what’s new in here?

maybe those who fail in that trade is the greed of gains in the go, because humans do not escape from the greedy nature.

I also often like that when trading at Bittrex, and at the end of my loss. but I try to hold all the greed in a more grateful way.

The most important thing is can you accept the risk of investment?
The world has no investment type has no risk.
Investment = risk = profit = loss, these things always exist together.

Perhaps you have heard the statistics before. Nine out of every ten people who enter the stock market as an active trader fails. But why is that? In my opinion, based on years of experience of teaching traders, the number one reason why traders fail — they lack the tools they need to succeed. So what are these tools that you need as a trader to be successful? Well they are simple. I like to call it the trader’s tool belt. In that belt you find things like: education, experience, charts, vision, and risk management systems.

It is really a reason. However, I think that a lazy bone will be always a loser. The greatest mistake is not to follow the market information and avoid self-education.

Good factors that show errors in trading, the author thanks for this post, I think too, that you need to clearly define the goals and remove the excitement to the side

I think the reason why trading is so bad is because they can't control the patience they have and may not have trading skills. so that they cannot determine the right time to buy and sell coins.

Being emotional that is really the reason why people are failing in trading and when they lose they are crying,then there going to call the coin is scam

The development of the globalization era that occurs today also influences consumer behavior towards a product. These high consumer demands must be addressed by the company by producing new products that can meet consumer needs and expectations. This is a big challenge for businesses to determine a sales strategy that can attract consumers.

These are really good reasons and features you must possess when trading. You must be conservative and must remove emotions when you are trading. All those features are needed 

Sadly I had just experienced this mistake, well as what they say failure is part of success,
hopefully I can learn from this mistake and would not do it again.

If you want to find out the top reason that leads to failed in trading. So at the moment you see newbie always lost his money. Newbie when start trading I think they don't have a perfect knowledge about trading because they lost his money in trading. Emotion and greedy is a very important for trading. If you can't control your emotion so you must lose in your trading I think the top reason is emotion. If you control your emotions so you can recover your lose.

Very good 5 facts.
Thanks for the information.

Lack of knowledge and greed is the primary reason many investors fail in financial investment and cryptocurrency. There is no easy investment as people think, the end of 2017 is an extremely valuable lesson for investors because of greed.

I think this is more due to lack of discipline, poor understanding of market psychology and improper risk management.

Day trading is a zero sum game. Therefore, for you to win, someone else must lose, and vice versa.

Persistence is very important, and patience as well. Those who panic always loose. They easily take the wrong decisions and later, they always regret it.

"Drifting to the wind" or for me chasing what's already succeeded is the reason why most of trader these days are failing. Buying alternative coins which is pumping is very risky as you'll never know when it would end. " Dont put all your eggs in one basket" basically the asset diversifying is commonly mistakes of beginner trader or the unexperienced ones, they tend to just buy what is on trend or top 10 coins in the market which is wrong.

Diversification is the best armor we have to keep safer in trading or even in long term holding because the volatility of cryptocurrency is what hindering us from success so if we spread our investments to multiple cryptocurrency such as Coins and tokens i guess thats more accurate move for future.unless you have a magical power to learn what would be the price for tomorrow so we can all in to single coin

Yes you are correct the following of someone tricks will not be suitable for you then it will gives only a last for ourself so make your own trading strategy will make you more stronger in your field this will be strategy for most top people who are getting more profit.

https://bitcointalk.org/index.php?topic=5100023.msg49337540#msg49337540
i posted a thread regarding risk management and now i found psychology related post , emotion control is the difficult part although we read many points related to how to control emotions but when we are trading we do same hold mistakes, emotion control takes lot of time   

I really love this post, it really made me remember when I was having my trading lectures my mentors will always say I should never put all my eggs in one basket and I will be like what's the eggs, which in a layman language it means never put all your investment in one particular coin.

And also most, learn how to never look back in every trade that is been executed, in the sense that if your other trader sold higher than you and you found out and you then feel regret why you sold so soon.

being emotional and put the egg in one basket is ihate it but same i do and realize what im doing. hahahaha maybe you do that because of greedy strategy. and thats the thing tou need to get out to yourself.. because sometimes greedy becomes to get you poor...

diversify and make backup funds are important in trading. sometimes prices in markets outside of your expectations and backup funds will help you to buy on the other coin or buy at a cheaper price, while diversify make your capital divided and the risk of bankrupt will certainly be much smaller

Panic selling is another name of lose because it’s getting wrong for us. Patience can help you get away from panic selling so hold id you are that market is down and people are selling for no reason just keep holding your coin. Invest on right time and increase your knowledge to trade as trading consumes lots of knowledge other wise your can get scammed so be careful.

I agree with and that's why have faith with our own strategy and keep disciplines is the key to increase our skill and profit. In many cases people fails is not because strategy but can't control emotion and not follow their rules. I don't know why because I also did that but if you want to become winner just follow your rules and never repeat the same mistakes.

The top reasons that will lead us to fail in trading are greedy, and it causes many of us to fail to make a profit. It's not happened with new people but also happen in the pro trader who cannot control their greedy and take the right profit. It's about controlling ourselves in trading especially when we see the pump is coming in the next second, but we want to see the price always increases which is impossible because, in the next moment, the price is back to the last bottom price.

Emotion is the reason why many traders lose and some also makes money from the emotional failure of other investors and traders.  If you don't have patience you will find it very difficult to make money from the market because this market is emotional base.

I agreed on you to that mate, if we will be neglectful for sure 100% in the end result we will be loss.
And most often traders got loss because of their greediness which is not supposed to be for the newbies and even for the old members here
they shouldn't be in a hurry to get profit, instead they must proceed at the basic step first before anything else.

that is true because patience is very important for us to succeed in trading, because there are already many people who fail because they are always emotional and greedy even though when trading, never use both of these traits

Aside from they are impatience mate, most of them too became out of control in terms of controlling their emotions.
majority of them are easily got panic when the price rapidly got down which is not supposed to be an action of a professional traders.
They must know how to apply calmness when the market is down, instead of anxiety will be apply take the opportunity to buy token while
the price was down then hold.

It should be removed while you are inside this business, emotions will always be the hindrance when deciding, you need to focus and
keep any emotions out of you, build more knowledge and keep yourself strong when some unexpected things happen, don't be move
without thinking twice and analyze everything.

Very nice advice since market is down everyone will know what is the different between this methods to help people reaching out on their goals to make it perfect Very satisfied. ;D

Big mistake that leads to fail in trading is the targeted profit expectation. When the market is found to give a profit, it is good to make the buy and sell traded accordingly. Recently when the market was down, I was supposed to profit on selling an asset that I had in exchange for bitcoin. I ignored on targeted profit and due to today's sudden price pumping lost the profit and now it is down in value.

Greed and patience plays really vital role in helping or breaking the money. if you stay invested and wait for the right time you can make lot of money with the good coins, but with the short term or restlessness like market not moving up if people do sell then they lose out he money making opportunity.

Also if market is high and the goal you had set at a particular price when achieved should sell off rather than waiting and realizing later that it has started to crash and leading to cut in your profits.

There are MANY reasons why one can fail or fails usually, but common 2 are lack of strategy and wrong broker. The reason I consider broker as a major concern is that there are MANY brokers that play with a beginner and fool him. I have suffered myself with several such brokers, especially Instaforex, so I know this well!

Have no target by keep holding the coins in the hope for more profits when there is a chance to reap the benefits and panic of selling when the market is in the down trend are the most common things that will lead traders to lose their money. Make targets and keep steady with it no matter what will happen could give a better experience in trading.

what time considering by seeing plan which is the important things for a trader to get good circulation for his profit was making a trading plan without any plan you will not get the success at the correct period of time so it important to be prepared when you are trading.

According to my experience in crypto trading, i has been doing some mistake that bring me to loss much money. That mistake is no risk management ( did not use stop loss), greedy and not patient. So for newbie trader is need to learn how to manage this all emotional and skill about technical analysis only is not enough.

Indeed, the mistake of most traders is that they do not manage their emotions and risks, their emotions are often strongly influenced by market changes and fluctuations, the reason for these strong emotions is that they never mentally prepare for the worst situations, they always think too much about positivity, and the positive has made them subjective and cause them to fail. And this reason is also the reason for not managing risk, they never set stop loss, and that makes them slow a beat and there are no timely ways to handle and solve bad situations

I strongly believe that putting more attention on trading will definitely improve your profit because spending a lots of time will only be there way to experience more quickly and it is also improve your knowledge about trading so following the strategies are also important and you can make definitely a profit while following the right strategy.

To avoid those brokers or whales new users should not trust them or they should keep holding when people tell them about falling price in market, instead of making foolish decision new users should try to hold and wait for everything to be normal, according to me traders fails only because of panic selling which should not be a part of traders journey.

In other words, you have to be tough to your own decision no matter what happens because if you have the slightest doubt in your mind. It could ruin your entire trading method and your focus, that's why trade according to the market and not with the news and put aside those emotions for a while. Most traders are suffering from that kind of behavior and don't know what to do after that's why they kinda suck in the trading.

Supposedly mind and emotion is is the very hardess control while in trading. That ia very difficult to.the normal people. Ir they want to avoid falling failed in rhe trading world yes need to learn well how to become brave heart person to get success and trading.

my biggest factor is failing to trade because of uncontrollable emotions, this is what always imposes I am not focused on trading, due to the great desire to profit. ignoring the potential for large losses that have never been calculated.

You're not alone on this. I know a couple of traders with emotions and money management issues in trading. I think that's where y'all should work on improving now you have identified the source of the problem. One of the rules of trading talks about making sure one's emotions are in check when trading. When you've that covered on your checklist, You should be good to go.

If you are a greedy person, I think you should leave. Greed is one of every investor's desires, but you should know when to be greedy and when to stop. Stay calm in all situations and not be greedy when things are like bubbles.

Finding what is the biggest contributor for such fails will be a good idea and making immediate actions will help to stop losing our funds. It is a big for us if that certain thing our emotion or having a attitude problem, it is surely a big work for us and not sure if we can make a change in ASAP.
Losing isn't unusual thing happen in trading but at least we work on it to avoid such failures and big losses.

I want to add one more thing,
namely trade management, with trade management, emotions will be more controlled.
for example there is a stop loss limit,
most traders don't have a stop loss limit, even though the stop loss limit is between 5-8%,
and when the market drops 5% from the initial capital, then we must make a stop loss.
this is one of the trading management.

It's normal for me to loss in trading and its normal for me also to loss those money of the market goes down and the price of your altcoin get dumping it's better to sell them early also to avoid a big losses of money.

All of that is really needed for beginners who want to trade crypto, not only crypto trading but also some trading in different fields and some businesses also need those 5 things. From what I see is that there are still many traders who find it difficult to find news and how to manage the right management, many are still confused by trade analysis which if done is very difficult, but it all takes time and experience to understand it.

The topic was quite properly explained the reasons of failure in trading, you need to seriously approach this problem in terms of setting precise goals and to remove the excitement!

Frequent failures in trading due to emotional factors, namely impatience and greed. Both of these factors will eliminate common sense analysis where profits can occur if you wait longer, but seeing prices that tend to fall take a selling decision.
Even though the crypto price is like a pendulum that is swinging, the ups and downs are sure to happen. So ignore the emotional factors, use common sense.

I think most traders already know about this strategy, and don't always to should use 5%-8% for stop loss, you also have to look at
market conditions, sometimes prices fall 20% and then rise double could happen. flexibility in your plan is also very important in trading

One of major reasons that lead to failure is that people do not have patience and want quick money which at times will not happen . Another thing is that people buy at high price and not when market is low due to which this they end up losing money as market crashes .

I agree on that,  I believe that the main reason is the people is lack of patience and they cannot also control thier emotions. If we are going to ask a trader maybe some of thier answer is th patience, because I also experience this one. We cannot really handle our emotion specially in a very huge dip.

I was a victim of chasing a coin that was already pumping.
I was new in crypto then and lack basic understand and knowledge about the workings of the cryptocurrency Market.
That single experience left a bitter taste I my mouth till now.
The submission is informative and I have learnt and also added to my knowledge.
Thanks .

that was a pretty bad move bro . you mustn't ever chase a coin that is pumping because there can be two bad probabilties that can occur . one is the coin can be a pump and dump . what if the coin suddenly dump after you bought it ? you will loose big  . second one is , the could coin be legit but buying it in a high price was still  a bad move . not only it could cost you alot but also there is a chance that the coin can dump right after you bought it .  that can be your experience , i bet you already learn't your lesson .

Greediness and emotions needs to stay away while gambling. This leads to huge problems at times because people inspite of making money virtually does not execute trade and lead to losses as either market have crashed by then or have bounced back quickly and they missed it.

I think it's a form of introspection, and that is important for every trader. traders learn from experience. and of course from self-introspection you know what's wrong with your strategy and plan. you right, losing is a natural thing, but most importantly you know the reason, why you can lose

Yes if you really want to be a trader you will not have to listen to your heart but to your mind because it is only way to have profit otherwise in trading being emotional is not good at all, other thing is having no knowledge and trying to trade for day, try to gain proper knowledge and polish your skills only then trade otherwise avoid being short term trading, keep learning always.

Being emotional is the cause really why the trader failed. While the information Which is 5 is nice and it's very helpful and I think it will helpful to the newbie who want's become a trader to become successful if they follow it and they have determination to trade daily or they give a lot of time and effort in trading.

What ever the reason incase you failed you can do something to changes it because no one can change yourself except to you by doing some startegy.

failures that often occur in ordinary trading occur if we do not understand the market and we go straight into trading, this happens if we really want a lot of profit without mastering the situation that occurs. there should be a learning first, mastering the situation and price movements that occur at any time.

It seems to me that all newbies, including myself, make a lot of mistakes in their activities in the cryptocurrency market.  It seems to me a big problem is that no one points to us precisely those points that need to be corrected in their trade or to which we need to pay more attention.

This is the biggest mistake of a novice trader. I myself still succumb to emotions when selling tokens of a project and can't do anything with myself. For long-term trading, you need to stick to your chosen strategy.

any trade and not only trade in the cryptocurrency market that governed certain rules.  They are as old as life.  Never need to rush for large pieces to the right or left.  You should always set a goal and go to this goal, having a sound mind.  Greed will ruin any trader.  Of course, you probably need to talk about the right trading strategy, but the personal characteristics of the trader are also very important for this field of activity.

The reason to fail in crypto trading is mostly the little knowledge that is not enough to understand and get through market technicalities. A new trader must learn to all the technicalities and then should get started with crypto trade but Altcoin should be the first place. Don’t jump directly to Bitcoin because in this way without any practical experience a trader may not make profit in Bitcoin easily in the start.

The most important thing is not to invest no more than 20-30% of their income, so it does not affect your life so critically, if it is your main income, then please be patient and time