Title: You determine when to lose or make money, Stop Blaming the Market Post by: Vsamuel on August 14, 2018, 03:00:27 PM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost.
Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: rayk on August 14, 2018, 04:22:07 PM I think you are right we can't blame the market because it is actually total of our moves in the market. Who crashed the market? It is us
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Tytanowy Janusz on August 14, 2018, 05:03:57 PM well. If it will go to 800$. If not and will dump to 0$ someone who sold for 270$ has part of his investment at liest . with 0.1 eth you can just ingnore your 70$ but with 100 eth it is difference to have 70 000$ or 28 000$ or 0$. And dont say to me that ETH will never go to 0 and you are 100% sure that it will bounce. If you are 100% sure than sell your house and buy now. Next year you will have 4 houses for that.
ETH is shitcoin in its current situation and i wont be surprised if this market dump will show that (recovery from dumps alwais mix top 100). Here is why: ETH is doing the same as NEO, STELLAR, EOS, WAVES, ETC and dozens more and is not better then others. ETH is not finished - its code has lots of bugs that even made investors lost milions https://www.theguardian.com/technology/2017/nov/08/cryptocurrency-300m-dollars-stolen-bug-ether ("'$300m in cryptocurrency' accidentally lost forever due to bug") Does it really how should it looks like hiting mass adoption? and 700$ price gives 60 bil $ marketcap - you really think that unfinished project is worth that much (especcialy if there are manny better) ETH was overload by voting on Fcoin exchange to 100 gwei (1 transfer - ~2-5$) hahaha voting on 1 exchange and ETH has 1000+ projects that are "going to hit mass adoption" Every suceed project moves to their own blockchain (EOS, VET, BNB, ICX and manny others) - because ETH is not scalable enought to hold load from 1 project that hit mass adoption - that makes it kindergarden for shit/scam projects Go to coinmarketcap - historical snapshots from december 2013 - from top 10 coins only 3 are give profit till now. None of them was better than BTC. If you bought 1 ETH for 700$ you should sell for 650$ and move to other trade. Till now you will make 1000$ not 280$ hoping for it to bounce. Holding is strategy that leads to 0$ in wallet after first mistake and is one of the hardest and riskiest strategy in crypto market. Here you can read about risk in holding and trading strategy - https://bitcointalk.org/index.php?topic=4456137.msg39881422#msg39881422 Back to who to blame for market crash. Well I bet that 1% of investors/traders are resposible for 99% of volume. And those 1% pumped BTC to 20k and is dumping now. Rest 99% of investors/traders are just looking at chart and do dozens of analysis and predictions fallowed by "ok i sell my 1000$ worth of btc". I know that because i was in top 4% traders (volume) on BINANCE with my FUN account with 1000$ that i was daytrading (binance show that in account summary while celebrating firs anniversary - And i've traded total of 50 BTC only (in half year) so rest 96% traders didnt trade even 50 BTC in 1 year in all trading pairs). Its extremaly maipulated. Whales are pushing price in direction that makes them the most money. Just ask yourself. If you could short BTC now with 100 mil to make it crash support at 6000$ to make lots of FUD, what will allow you to close short at 5000$ with 20% profit (20 mil profit). Wouldn't you? Thats what push price. Money. But not everyone money with every trade (especialy yours 27$). But big money from whales. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: carlfebz2 on August 14, 2018, 05:47:02 PM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost. Kind of mentality is just really normal if you are not on the current situation but when you are on the actual scenario you cant really say that you would totally avoided such temptation for you to sell on loss.Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. There are situations like you do need the money? and you don't have other choice but to sell on loss then you would definitely haven't any hesitations to done such thing. As an investor that loses up money will definitely blame the entire market and its normal yet we are just humans that do reacts on what we do saw. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Tytanowy Janusz on August 14, 2018, 06:11:12 PM Kind of mentality is just really normal if you are not on the current situation but when you are on the actual scenario you cant really say that you would totally avoided such temptation for you to sell on loss. There are situations like you do need the money? and you don't have other choice but to sell on loss then you would definitely haven't any hesitations to done such thing. As an investor that loses up money will definitely blame the entire market and its normal yet we are just humans that do reacts on what we do saw. If you are investing all your money/porfolio into crypto you are not investor. You are suicide guy... Portfolio should be made out of stocks, crypto and oder products and should be made out of money that normally will be put on the 1 year locked deposit in the bank to work on them and gair better ROI. 100% only crypto portfolio is alse not balanced enought in my opinion. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: aoluain on August 14, 2018, 07:52:55 PM We really need to stop referring crypto to FIAT values because 1 bitcoin in 2017 is still 1 bitcoin in 2018.
Timing is everything, buying and selling at the right time is key to either making or losing your FIAT values. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: tomahawk9 on August 14, 2018, 08:45:49 PM Well, it's obvious that people will blame the market, who else are they gonna blame? their neighbour? I mean, if you woke up today and saw that your portfolio is down 15% across every asset that you're holding, then it's normal to blame the market as it is the market going down that's making your portfolio look like a bloodbath.
However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Everyone knows that, problem is that not everyone is patient enough to wait for the price to go back to previous ATH's or above. That's why this forum gets flooded on a daily basis with posts like "when will the price moon?", "how long until we see 20k?", or "will the price go to 30k or 50k in 2018?". There are way too many people with unrealistic expectations, and most of them are the so-called weak hands and panic sellers, they're simply too eager to sell during the peaks but are way too impatient to wait for them to come. Uncertainty is way too high in this market and for some people (mostly those who don't understand how this market works yet they still invest cryptos) it's too much to handle which is why a lot of them decide to sell during a downtrend season since it's way easier to sell and cut losses rather than wait for something (a bull run, for instance) that may or may not come. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: valheru on August 14, 2018, 10:31:55 PM I do not agree with your opinion. what you said is actually true, if you look at it from a different point of view but not completely. People make their own losses with their own hands, nobody pushes people to make losses. but the increase in the overall loss rate in the market is not due to the failure of people, the biggest reason of the people losses is the market prices are unstable. In fact, you can't blame people for their losses, on the other hand, you can blame people for that :)
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Diced90 on August 14, 2018, 10:35:22 PM Hmm! That's not entirely true because its not all up to you. Making a bad decision can be very costly even if you have a good knowledge because the market is too erratic and can't be reliable.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: mbm_ico on August 14, 2018, 10:37:35 PM You are absolutely right. It is impossible to accuse the crypto currency market, as everyone makes decisions on how to proceed. Only the most patient and resourceful can survive in this market.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Reid on August 14, 2018, 10:56:53 PM Your risk, your choice and your decision.
Whoever blames the market is a fool. There will always be a fluctuation anywhere when it comes to investing in one thing. The value couod soar high or fall according to the demand of people. You can sell when there is profit if you wanted but yet greed comes in the way. You wait for more hoping it could jump another ATH. Cruel but true. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: asyakashi on August 14, 2018, 11:30:32 PM the market can't be blamed, the most important thing is that bitcoin is still valuable than a few years before.
maybe we are greedy and hope everything works instantly and easily. This risk should be prepared before we trade or invest. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Lodipetmalu on August 15, 2018, 12:03:56 AM Stop blaming the market on times of falling down. It was you decision on how not to have loss on it. We can not avoid the circumtances where the price drops so you have an option to trade it imeediately or hold it and wait the price increase.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: enawati on August 15, 2018, 12:58:05 AM I loss much money now but i try to learn more what is my mistake. I can not blame the market, now i make other strategy because i did make mistake , that my mistake is do not use any stop loss. When bought any crypto, Iam too confindence the price in the bottomed already but in the reality the price going to others more deep.I still believe crypto will be back to bullish again.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: darklus123 on August 15, 2018, 01:47:17 AM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost. Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. What are you trying to tell by that statement? that as long as you hold on to that certain coin hoping that it could still goes up? Of course not the market has a big impact on your profit or loss. Note that losing amounts in trading is pretty normal but it is how a trader cut the loss to as lowest as possible. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. In some cases, yes that is correct but come on if you go trading most of the time that Idea is not practical. You can only go to that strategy towards bitcoin. If you used that strategy on the other coins then you are right "You are responsible for your loss because of following this kind of mindset". Other coins can be in 0 value within just a short period of time. So if you really know how to trade you should decide when to exit even if it's a lost. You better lose 10% or 20% of your asset than to go all in. How can you trade if your mindset is like this? You should learn how to read market warnings because in the end the market is still the basis of your profits or loss. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: karungbitcoin on August 15, 2018, 02:40:30 AM Iam really surprised with price of altcoin, i hold some altcoin that has highest price $10 but now the price dumped hard to $0.4 . I will more understanding about crypto now, and all my loss is because my mistake and my greedy. I hope this is to be lesson for me to avoid greedy and never FOMO.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: jackylion on August 15, 2018, 02:50:55 AM In the down market today I think all those holding the coin are having a pretty high loss. Currently the market is down very low. But please be patient not to sell pennies out at this time however follow me Predictably, by the end of 2018, the market price will rise again, which is the time for us to make profit
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: KalaiBTC on August 16, 2018, 09:59:40 AM Kind of mentality is just really normal if you are not on the current situation but when you are on the actual scenario you cant really say that you would totally avoided such temptation for you to sell on loss. There are situations like you do need the money? and you don't have other choice but to sell on loss then you would definitely haven't any hesitations to done such thing. As an investor that loses up money will definitely blame the entire market and its normal yet we are just humans that do reacts on what we do saw. If you are investing all your money/porfolio into crypto you are not investor. You are suicide guy... Portfolio should be made out of stocks, crypto and oder products and should be made out of money that normally will be put on the 1 year locked deposit in the bank to work on them and gair better ROI. 100% only crypto portfolio is alse not balanced enought in my opinion. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Joshercine on August 16, 2018, 11:30:30 AM You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: LogitechMouse on August 16, 2018, 02:29:55 PM The people who will blame the market are either the newbies who doesn't know anything about crypto and they just throw their money away hoping that it will make them rich or the stupid idiot buyers of crypto.
Before you buy cryptocurrency, you must know how much will you risk in buying. We know that it is volatile. It can go at its ATH now or an all time low later. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: chocolah29 on August 28, 2018, 07:50:28 AM You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss. It's funny to think that there's some people believe that crypto market is a quick rich scheme that once you enter here it will be in favor from what you desire that which make them to loss early. Yes the market is full of manipulations and if you don't know how to ride on it you'll be an empty hand otherwise become insane from your losses. Better yet be used to all these volatility and embrace every flaws of the market and you'll realize that panic won't lead us anywhere. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: MrPao on August 28, 2018, 08:00:37 AM In my worldview, I have never blamed the market for thinking because I know the dangers of the investment industry and I know what I am doing!
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: joshuarose on August 28, 2018, 08:11:24 AM Yes, all markets are innocent, people must think about how to be patient and not rush to sell assets at low prices. because it's wrong to buy assets at a rising and selling price at a low price. Lol ;D
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: 1NV3ST0NM3 on August 29, 2018, 09:40:23 AM I too, agree with you on this. a person will not suffer any loss unless and until he liquidates his investments. So if at any time your investments are running in loss, you should wait and hold your investments until the price of your coin rises. What most of the people do is sell their investments out of panic and then blame the market for their losses. We should understand that if our coin has a potential then it will definitely rise back.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: mutrang23 on August 29, 2018, 09:45:41 AM It is difficult to determine the exact time when to start and end. But many people can evaluate it by setting the milestones to achieve and when achieved will do something. I often decide to buy when it falls and sell when it starts to rise again.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: beonline on August 29, 2018, 09:56:16 AM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost. Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. Nice explanation, but don't you think that it's a bit weird? You need to conduct your own analysis of the market first and think about where and when to stop your trades. If you are a poosition trader, you need to do this as well. When the price is negative for you for more than 100%, I don't this it is a good idea and a good strategy to follow. I think it is better to close according to your risk management and then to reopen trades once you feel that the market is going to reverse. Moreover, you can use margin trading opportunities nowaday and sell the currency pair and earn on short positions as well. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: beonline on August 29, 2018, 10:01:39 AM You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss. It's funny to think that there's some people believe that crypto market is a quick rich scheme that once you enter here it will be in favor from what you desire that which make them to loss early. Yes the market is full of manipulations and if you don't know how to ride on it you'll be an empty hand otherwise become insane from your losses. Better yet be used to all these volatility and embrace every flaws of the market and you'll realize that panic won't lead us anywhere. I find this funny me too. Here you need to think a lot, to have a strategy and a system I would say that includes not only your own analysis, but also your risk and money management. Yep, this market allows you to gain XXXXXXXXs, but the risks work here the same. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: gabmen on August 29, 2018, 04:09:20 PM You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss. It's funny to think that there's some people believe that crypto market is a quick rich scheme that once you enter here it will be in favor from what you desire that which make them to loss early. Yes the market is full of manipulations and if you don't know how to ride on it you'll be an empty hand otherwise become insane from your losses. Better yet be used to all these volatility and embrace every flaws of the market and you'll realize that panic won't lead us anywhere. I find this funny me too. Here you need to think a lot, to have a strategy and a system I would say that includes not only your own analysis, but also your risk and money management. Yep, this market allows you to gain XXXXXXXXs, but the risks work here the same. Well i agree though sometimes it's hard not to blame the market especially when you feel that the movement goes against what you prepared for. Frustrations will be part if your trading life every once and a while. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: bering on August 30, 2018, 01:10:19 PM I think every traders will blame the market if they see their investment value decrease and this is human nature that when the market down then people will being panic and decide to cut loss and if we see the current situations sometimes people will made wrong decission and not easy to wait patiently until the price recover and probably only the particular people who can able to do so
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Traslavin on August 30, 2018, 01:46:20 PM I think every traders will blame the market if they see their investment value decrease and this is human nature that when the market down then people will being panic and decide to cut loss and if we see the current situations sometimes people will made wrong decission and not easy to wait patiently until the price recover and probably only the particular people who can able to do so The continuous varying of the market is one factor also that's why we ended up losing our money or our coins but I believe that we have a control to our every decision and every capital that we would going to used and what we can afford to lose. However you can't determine exactly when it gonna happen that's why we/you should be aware anytime.Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Ryker1 on August 30, 2018, 03:59:14 PM I think every traders will blame the market if they see their investment value decrease and this is human nature that when the market down then people will being panic and decide to cut loss and if we see the current situations sometimes people will made wrong decission and not easy to wait patiently until the price recover and probably only the particular people who can able to do so Indeed, most of the traders blame the market, because it's their natural aspect. I guess they blame the market, because it's really bearish and hard to predict right now, which block their way to their profit, but for me, it's the responsibility of the trader whether he lose or gain in trading, because he's the one who handle his own money, and also it's their responsibility if they didn't become patient enough.Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: trecore4 on August 30, 2018, 04:18:29 PM That is nice analysis of the market. This is very good way of putting the market and telling one that how they may loose the money because of their own mistakes and not the market. To be frank this is the thing which is also consider as the reason for panic selling and situation like FOMO! People forget that market once goes down it also starts pulling back itself and sets itself to initial pricing. I guess people must consider this market as positive one all the time. We can say that person who knows this one very well will always have its assets ever growing.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: stomachgrowls on August 30, 2018, 05:58:41 PM You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss. It's funny to think that there's some people believe that crypto market is a quick rich scheme that once you enter here it will be in favor from what you desire that which make them to loss early. Yes the market is full of manipulations and if you don't know how to ride on it you'll be an empty hand otherwise become insane from your losses. Better yet be used to all these volatility and embrace every flaws of the market and you'll realize that panic won't lead us anywhere. I find this funny me too. Here you need to think a lot, to have a strategy and a system I would say that includes not only your own analysis, but also your risk and money management. Yep, this market allows you to gain XXXXXXXXs, but the risks work here the same. Well i agree though sometimes it's hard not to blame the market especially when you feel that the movement goes against what you prepared for. Frustrations will be part if your trading life every once and a while. Blaming cant really be avoided and this is always been part of the stress of each trader or investor. I think every traders will blame the market if they see their investment value decrease and this is human nature that when the market down then people will being panic and decide to cut loss and if we see the current situations sometimes people will made wrong decission and not easy to wait patiently until the price recover and probably only the particular people who can able to do so Human nature is one of the reasons and theres no doubt on that but a certain person do have experience and a strong discipline on how he would react on such scenario will be a different thing.Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Harlot on August 30, 2018, 06:05:30 PM An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. Nope, that person will only incur a loss when he sold his ETH holding lesser than the price he bought, but if he sell his ETH holdings above the price for what he pay for it in past then he still earned something from it, lost opportunity cannot really be counted as a loss. But the way to solve this is o course not to miss the next opportunity that will come for you if you have the chance to go long then go for it and if your have the chance to short ETH then don't even think about it. There are really many ways to come out of this even thought you are still holding it at a loss.Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Azima85 on August 30, 2018, 08:39:57 PM The only problem with your statement, is that you call it trading. This is not trading, this is investing. Trading is to trade the market going up or down, not to hold and wait for god knows how long until you break even or make some profits. Of course, I am not saying this strategy is wrong, it is just not trading.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: BartS on August 31, 2018, 02:40:43 AM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost. You are right, but people do that so they can avoid to take responsibility for their actions, after all no one makes them trade or invest in this market, they are the ones that took that decision, and what is more interesting than anything is that when everything goes right and they earn money then they want to get all the credit for the profits that they got but as soon as that is not the case and they get losses they do not accept that responsibility and blame the market for it.Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Indrawan77 on August 31, 2018, 07:50:54 AM I agree that the only action taht makes us losing money because we decide to sell the coin, but sometimes its inevitable, when we analyse the coin going to go down deeper then the wise step will be to sell the coin and buy back, if the coin is strong coin then the possibility of bouncing back is high, but if the coin is infamous coin then sometime we need to cutloss to prevent losing more money
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: darewaller on August 31, 2018, 04:03:27 PM In my worldview, I have never blamed the market for thinking because I know the dangers of the investment industry and I know what I am doing! That is for someone like you who already did all the necessary research and has gotten enough knowledge to understand the nature of the market before even investing at all.For now, what a lot of people are after is what has happened to those who have been holding since like 2010 and I tend to wonder how someone would be opting in a few months back and wishing they could be as rich as those who have been around for about 8 years or thereabout. If they end up panicking and selling at loss rather than looking at the long term, then, that is simply their own cup of coffee. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: vinbentrob on August 31, 2018, 05:20:49 PM Honestly reflecting on the heading of the thread, there is no better truth about trading and investing in cryptocurrency, the responsibility of making profit or losses rest squarely at the hand of traders and investors and that is the gospel truth!
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: metalglowd on August 31, 2018, 05:56:29 PM Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. People is easy to be controlled, their fears actually, the proof there's is still exist people which still trust on the way where the market will go by following on the trading signal, signal told to buy, they buy. and sinyal told to sell, they sell. its because they fears about loss, and more people were late to following in, the impact is, its really cause great loss. So my suggest is, never following on signal, if you following them its just same as you make your own path to loss Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Adrin on August 31, 2018, 06:02:33 PM I never blame the market for my lose. If I make profit then profit goes on me if I make lose then also lose goes on me. I am only responsible for my profit and lose. When market goes wrong I mean if I hope for up but it goes down then I must stop invest for that time. If I have coins already then I sure try for sell to reduce my lose. When market goes down for long time then sure I can make profit if I buy when the price was lower. This is simple.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: rainezerr on August 31, 2018, 07:35:14 PM I never blame the market for my lose. If I make profit then profit goes on me if I make lose then also lose goes on me. I am only responsible for my profit and lose. When market goes wrong I mean if I hope for up but it goes down then I must stop invest for that time. If I have coins already then I sure try for sell to reduce my lose. When market goes down for long time then sure I can make profit if I buy when the price was lower. This is simple. You have a good mindset , you should always take care of your decisions because in this way you will determine if you are going to earn profit or not so try to become more knowledgeable in the future. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: peter0425 on September 01, 2018, 08:18:55 AM Why blame the market when its considered as open and free? If the price falls dramatically then make some trading adjustments on your end to mitigate the risk. Besides, if you just hold your coins, you are not losing any money right? We make our own decisions here and no one has to be blame. People who blame the market are just pure speculators and wanting to enrich themselves as quick as possible, but this market is not a guarantee for such scheme.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: shesheboy on September 01, 2018, 10:02:11 AM Why blame the market when its considered as open and free? If the price falls dramatically then make some trading adjustments on your end to mitigate the risk. Besides, if you just hold your coins, you are not losing any money right? We make our own decisions here and no one has to be blame. People who blame the market are just pure speculators and wanting to enrich themselves as quick as possible, but this market is not a guarantee for such scheme. So do you think you are not one of them? your to confident to say that those people only blame the market because they wanted to get rich quick of course we all we wanted to get rich and you are also one of it. You come here from this forum to join a sig campaign because you want to earn money in order to get rich so stop proclaiming that you arent one of us. its normal to blame the market because this market of crypto is being manipulated by many factors which makes to be more confused . Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: entrepmind23 on September 01, 2018, 10:42:20 AM Why blame the market when its considered as open and free? If the price falls dramatically then make some trading adjustments on your end to mitigate the risk. Besides, if you just hold your coins, you are not losing any money right? We make our own decisions here and no one has to be blame. People who blame the market are just pure speculators and wanting to enrich themselves as quick as possible, but this market is not a guarantee for such scheme. Market will do what it will do and one should stop blaming others for their own mistake. Those who have been playing in the market for a long time knows what should be done and they would reflect on how they would react when things happen and they would not stop and then blame the market and those "whales" manipulating it. So do you think you are not one of them? your to confident to say that those people only blame the market because they wanted to get rich quick of course we all we wanted to get rich and you are also one of it. You come here from this forum to join a sig campaign because you want to earn money in order to get rich so stop proclaiming that you arent one of us. its normal to blame the market because this market of crypto is being manipulated by many factors which makes to be more confused . What he means is that one should take a look at his own actions and adjust accordingly and not just complain and blame the market because there are too much manipulation in it. You can go with the flow and prevent from further losing by always having a trading plan and knowing when to buy and to sell. If you have been trading for a long time then you should stop blaming others and be responsible with your own actions. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: fasdorcas on September 03, 2018, 10:00:01 AM You and only you have any impact on you're trading decisions. The more emotional you're getting the less chance you'll finish well rewared. You did not lose money until you didn't sell with a loss. It's funny to think that there's some people believe that crypto market is a quick rich scheme that once you enter here it will be in favor from what you desire that which make them to loss early. Yes the market is full of manipulations and if you don't know how to ride on it you'll be an empty hand otherwise become insane from your losses. Better yet be used to all these volatility and embrace every flaws of the market and you'll realize that panic won't lead us anywhere. Market may be full of manipulations and this is what makes it extremely volatile, so I wonder what people think when they get to try to look at the short term of the market and all the noises in the market when they are not even trading, rather than looking forward to the long term. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: BartS on September 04, 2018, 04:33:16 PM I never blame the market for my lose. If I make profit then profit goes on me if I make lose then also lose goes on me. I am only responsible for my profit and lose. When market goes wrong I mean if I hope for up but it goes down then I must stop invest for that time. If I have coins already then I sure try for sell to reduce my lose. When market goes down for long time then sure I can make profit if I buy when the price was lower. This is simple. Many people do not realize that your attitude is the only way to improve not only in trading but in every other activity that you may try to do, trying to blame someone else for your mistakes stops your growth and doesn't allow you to improve, only when you own your mistakes and you are willing to recognize that you are the only one responsible for them is when you can take steps to try to improve yourself and your skills as a trader.Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Cryptokarl on September 04, 2018, 05:01:48 PM If one is a professional trader, he or she can detect the market and know what is going to happen when one is really grounded on trading. You make money irrespective of wether the market is trending or not
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Ridwan Fauzi on September 04, 2018, 05:14:04 PM There is no point in blaming the market, the market always changes depending on the news that comes related to cryptocurrency, it can be regulation or a new system that influences the development of cryptocurrency. And this will cause every investor including us who will decide to sell and buy our assets. The right to blame is ourselves because we do not know what will happen to the market, even though it is difficult to predict but there are many ways we can avoid losses. So, there is no harm if you and us when we experience a loss that must be done is to learn the error and find a solution so as not to repeat the error for the second time.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: aoihs00 on September 04, 2018, 05:16:13 PM Perhaps market makes us behave in that way? I mean come on though it depends on us when to sell and when to buy then also we make the decision based on the market movements. Now if someone is seeing the pure profits of the sell then they will sell it but many times it happens market starts moving upwards suddenly with high throughputs and thus we could see that we already missed a train of some sort and thus lost the money. I know this is virtual loss as we never held the coins upto that point but many times market behaviours are too sudden and hence market can be playing the big role in this regard.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: krauzzer02 on September 04, 2018, 05:22:44 PM That's why we have the rule to invest you can afford to lose this also applies to non-crypto investments the only difference is that cryptocurrency is so volatile that makes our investment prone for decreasing case to case basis you can also experience increases massively given by the time and the current condition of the market, it's your money at the end so if you can't take loses then convert your crypto and stop your losses.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: audaciousbeing on September 04, 2018, 06:11:00 PM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost. Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. The issue is complainers would blame everyone, every events and every other happenings aside themselves to be responsible for their loss. You see people blame the whale for selling that is why price has fallen. They will blame one event that is happening in a village in China as the reason for the fall in price. Sometimes, you read people blame the holiday happening in India, they blame increase in dollar value, gold, silver and other ridiculous things but not themselves. The moment people start understanding that they are solely responsible for their outcome in crypto, then much more informed decisions would be made and the blame game will reduce to the barest minimum. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Whosdaddy on September 05, 2018, 12:54:23 PM What we determine by selling or buying IS the market. Hence when we are blaming the market we are blaming that "you" you are talking about. We are not a collective group, we are all individuals and while some of us believe that bitcoin worths a lot more and while its going down we go crazy while some of us belives that bitcoin is overvalued and sell our coins so we are all doing different stuff on bitcoin and crypto.
When we are blaming the market we are basically blaming the people who disagrees with our direction for bitcoin. That is all. If you think that we are blaming this market thats some third part deal than you are wrong, we just blame other people when we mean market. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: amoredore on September 05, 2018, 01:12:31 PM Totally agree with the TS. Market develops without paying attention to our wishes. It is up to everybody to decide where to jump into and where to exit his positions.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: amoredore on September 05, 2018, 01:15:50 PM If one is a professional trader, he or she can detect the market and know what is going to happen when one is really grounded on trading. You make money irrespective of wether the market is trending or not Nope, I can't agree with that. No one can predict market 100 percent iron clad! This is money and risk management that comes into play. Yes, we usee tech analysis, e.g. trying to predict fluctuations in order to increase our chances to win. However, as practice shows, even great traders and investors lose. The idia behind my post is that you need to have a complete trading plan including risk and money management component. once you have one, you can win even when you have 50% profitable strategy. Because when you use 2R for example, you will have 1 risk per 2x profit. This is the way things work. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Gadhoh on September 05, 2018, 01:33:40 PM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost. why are there so many people who need a strategy to make a profit in crypto, because this is the problem, some things that really happen because of our lack of knowledge about crypto and the lack of making a strategy in gaining benefits that result in losing your coin.Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: haroldtee on September 05, 2018, 03:01:44 PM I never blame the market for my lose. If I make profit then profit goes on me if I make lose then also lose goes on me. I am only responsible for my profit and lose. When market goes wrong I mean if I hope for up but it goes down then I must stop invest for that time. If I have coins already then I sure try for sell to reduce my lose. When market goes down for long time then sure I can make profit if I buy when the price was lower. This is simple. Well why would you even blame the market anyways. It's not like the market will adjust itself for you and market is not special for you, not in the degree of "not that special". We listen to the market, then we act upon what it whispers in our ears and it is upon our own interpretation and it is frankly different interpretations depending how we aim for our goals and what we aim in our profits. Trading requires knowledge but it is just unfortunate that people are always too lazy to find the knowledge to do things right. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: xIIImaL on September 05, 2018, 03:18:59 PM I never blame the market for my lose. If I make profit then profit goes on me if I make lose then also lose goes on me. I am only responsible for my profit and lose. When market goes wrong I mean if I hope for up but it goes down then I must stop invest for that time. If I have coins already then I sure try for sell to reduce my lose. When market goes down for long time then sure I can make profit if I buy when the price was lower. This is simple. Well why would you even blame the market anyways. It's not like the market will adjust itself for you and market is not special for you, not in the degree of "not that special". We listen to the market, then we act upon what it whispers in our ears and it is upon our own interpretation and it is frankly different interpretations depending how we aim for our goals and what we aim in our profits. Nothing adjust for us then how the market will be helpful option for us to make the money. If you want to be good in the trading investments. You need to check the good coins all the time and make the corrections whatever coins falls more in the market. Really have panic about the price dump you are not fit for trading field. As of bitcoin and all the altcoins dumped little in the market that will be helpful option for you to invest on the cryptocurrencies whatever you like. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: marine4u on September 05, 2018, 10:30:02 PM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost. why are there so many people who need a strategy to make a profit in crypto, because this is the problem, some things that really happen because of our lack of knowledge about crypto and the lack of making a strategy in gaining benefits that result in losing your coin.Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: Hemady17 on September 05, 2018, 10:43:13 PM We tend to blame the market not because of what happen to our capital but the situation that takes place in the market. There are instances that we regret of our move specially when we buy at the peak and see how market dip minute by minute. We blame the market because we loss a lot but it must not be because any reaction depends upon us. In trading, we should always avcept the fact that we commit mistakes like holding even in the peak and buying during high season or selling at the crash. Every action depends upon how we react in the market situation.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: WHTP on September 05, 2018, 10:50:02 PM It's not that simple, since you're viewing it all in hindsight. Eth is not the only crypto, there are many, and many will not recover. Even if it ends up going beyond an ATH for the coins they bough, you can't blame them for the stress that the market has caused them. They don't know when, or if the coins they hold will recover, and they might even need the money.
I've lost money, and I've blamed myself for not knowing enough, so that's not the point. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: mikyadel on September 05, 2018, 10:57:47 PM Theoretically , that's true and most people already aware of that ! However, you are still missing a point . not all people have the luxury to leave their money for almost a year ! most are investing to get a return on their money . Let's assume you have put 7000$ in eth which equivalent to 7 ETH when it hits it's ATH , then you will wait too much to return to that point again and even when you hit that number again you are break even !! so you have lost your "time" which is money to some people.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: maxreish on September 05, 2018, 11:28:40 PM Whenever I took any losses, I never blame the market. This is how we play in crypto games like trading. When we are at the stage of losing out hold coins, we take a tight grip. Though I'll admit that my greedy attitude leads me in a wrong situation, well at least I have learned my lesson.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: hoavantathan on September 06, 2018, 01:04:59 AM When the market's down, it's good chance. But if you buy at high price, there are 2 choices: hold or sell. You should predict carefully. Everything you do will affect to your life. Try not use emotion to predict.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: herurist on September 06, 2018, 02:30:56 AM It pretty troubling to hear people lament day in day out about how the recent market is making then incur significant lost. Actually, i think that is total nonsensical. There is no lost without cash out during trading. You determine when to loss or make money, not the market. Take a closer look at this: If i held 0.1 etheruem during may 2018, when ethereum price was around 700$, it means i had 70$ as at then. But now (August) that etheruem price is at 256$, my 0.1 ether is currently worth 25.6$. An anxious person will see this and get too scared, and so will decide to go ahead and sell his 0.1 ether on exchange for something like 24$... Obviously this person has incurred significant loss. However, if i decide to keep my 0.1 ether during this red season and wait till green season where ethereum price shoot to 800+$, I surely will imagine myself making some profit. Prompt: Regardless how much of Bitcoin, Ethereum or any other Altcoin you possess, You determine when to loss money or make profit. Stop blaming the market. Share below your opinion. I never blame market they only follow users transactions and in many case only users mistakes when enter/ out the market is the big problems. We don't have any control about it even we have many referral and big fund, market always have their own answer. Keep positive mindset and do what the best to protect your asset. Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: BartS on September 08, 2018, 05:53:46 PM If one is a professional trader, he or she can detect the market and know what is going to happen when one is really grounded on trading. You make money irrespective of wether the market is trending or not Even professional traders are unable to detect the direction the market is going to take every single time, what you are suggesting is impossible to do, I see professional traders as something similar to baseball players, a baseball player that hits the ball at an average above 0.300 is in fact a really good hitter, a professional trader doesn't need to win every single trade he just needs to win enough trades for him to earn profits and most of the time that range is going to be between 60% and 65%.Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: HELLOFF on September 08, 2018, 08:01:36 PM If one is a professional trader, he or she can detect the market and know what is going to happen when one is really grounded on trading. You make money irrespective of wether the market is trending or not Even professional traders are unable to detect the direction the market is going to take every single time, what you are suggesting is impossible to do, I see professional traders as something similar to baseball players, a baseball player that hits the ball at an average above 0.300 is in fact a really good hitter, a professional trader doesn't need to win every single trade he just needs to win enough trades for him to earn profits and most of the time that range is going to be between 60% and 65%.Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: richcorner100 on September 19, 2018, 03:29:40 AM To make profit from trading we should follow trend of the market, and to predict when the trend will reversal we can learn about technical and fundamental analysis. Just follow the trend, buy on the bottomed and hold it untill reach to the top price again, and after that sell it all and move the money in to others asset that seem bullish.
Title: Re: You determine when to lose or make money, Stop Blaming the Market Post by: necessaryyou on October 05, 2018, 07:29:41 AM That's just what I was thinking. We can not blame for the market because of our decision. Before investing we must prepare basic knowledge and research about it clearly, If not, you have to suffer a loss, that’s your fault. in addition, You must be a risk taker when you decide to enter crypto world. It is your own decision, i don’t why people blame for the market. Crypto world is unstable, it always moves. So do not join if you are not willing to take risk and stop blame for anyone.
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