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I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.

I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -

"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"

(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)

Risk management is normally the issue in this circumstance. If you've got a good trading strategy and a good chance of winning in trades (>50% normally but preferably >70%) then that's what it'll be.

Most people seem to mitigate this by offering signals either directly to someone or on a group.

If you want to trade, don't risk more than 5% of your portfolio on a trade, and try not to make hops that can scare you (eg set up a trade late at night if you've just deposited so you won't check how it's doing while you're asleep).

That he finds himself not suitable for trading. This is for those who have belief and trust on crypto, not those doubtful individuals just like your friend.

I don't have the numbers but for sure, everyone who tried trading will experiences losses as will as gaining. Perhaps, losses gives us the reason why we should be careful next time and encourages ourselves to enhance our trading skills and knowledge.

Funnily enough, the experience of amateur traders with little to no experience and who immediately went with big deposits are almost no different than the experiences of people who lost a fortune in gambling. Wanting to get-rich-quick is a bch.

Them newbies thought they could probably become like the early adopters of bitcoin, they thought that with trading they might make a lot of money but in reality, it is not the case. Any promise of a get rich quick is a trick pulled by other people so they can make more money out of the gullible ones.

why should you run? it will only lead to even greater failure. I myself prefer to study my failures. for beginners there is still a lot of knowledge that must be learned when it fails, find out where the mistakes in real trading are and will find points of error and can be corrected to be success in the future

It's why beginners are always encouraged to use money they can afford to lose for trade. Nobody ever said trading is easy or one will only open winning positions throughout their "trading career". People who trade their saving are the ones who end up getting depressed after losing the money to bad trades.

It's always a bumpy road especially at the beginning until someone learns from their mistakes and with practice, they perfect their strategy.
Mastering risk management is probably the biggest factor

Pretty classic actually, I mean that's not surprising at all. He is just simply trying to discourage anyone because if he sees someone try Trading and successfully made profits, it will just add disappointments on him that could result to much mental trauma. He was the one who gave it to himself, because he risked it all even he was just starting trading or didn't have that much confirmations on that trade but still proceeded and ended up crying.

like a loser to run away from reality because of his own fault. they failed because they were not careful and did not want to learn to trade thoroughly. in losing trades is common, but as much as possible try not to experience frequent losses. namely by learning the ins and outs of which crypto will be our trading target.

Currently ordinary people who enter crypto are tempted because crypto is growing, the price of bitcoin is getting higher. therefore the interest of beginners is very big to enter crypto with their own money without knowing what risks will occur if they do not have basic trading.

some people who hate crypto are people who have been into crypto but they are experiencing losses because of their unpreparedness.

Profits and losses in crypto are common. Indeed at first mentality will be very important, when the mental is not strong with all the pressure and there is a condition of loss then all will end. But when we are able to get through it all and over time learn about the science of trading, profits will be obtained easily.

never run from failure, because failure will make us achieve success.

Do you know the main fact why most new traders lose in crypto trading? Because simply they thought trading would make them rich within a night. We thought we only earn from trading, we aren't aware of the risk of trading especially those who are newbies. Without enough patience, it's impossible to make money from trading. Although it's something like gambling but not fully depend on your luck. For crypto trading it does not just depend on luck, we should have basic knowledge about the crypto trend. If you ask me how many people lose funds in crypto trading, then I will say 60% of traders are in a loss and most of them are a newbie.

Don't be a child when you fail a trade and run away depressed.

An experience will be better and even richer than the trade itself, it is normal in losing or failing trades because we can't manage it properly because we are still learning to understand the truth, so with a lot of advice here you have to understand where not to be. losers, remember to get rich it's not easy we have to feel failure occurs as long as you still want to stay rich so there is no need to hesitate when you want to continue trading then you will find there the best things where trading will be easier.

The answer is few, but even of those that do follow-up on their mistakes many end up giving up trading usually because it is too frustrating and cannot come to a resolve with their emotions.
That's exactly why trading is so hard. It requires of a person to be both knowledgeable about whatever type of analysis he is applying, risk management and in control of his/her sentiments and psychology which is a huge obstacle.

A man that runs away from its challenges will meet same challenge upfront. Trading is not easy and not everyone should be involved in it. Many people are greedy because they feel that money can be made from trading but not every body have the passion. A trading investment is really volatile and everybody can't handle it.

It is the mistake from the trader himself so he need to hate himself first instead of hating the crypto trading but anyway just because someone is not interested or against cryptocurrency trading doesn't mean that it can be a danger to the whole cryptocurrency community. I used to see lot of people who got scammed when they attempted to purchase their first cryptocurrency which is bitter obviously but its their mistake to decide buying from unknown source.

A lot of us are guilty of buying some crap coins at one point. But it doesn't mean, that's the end of our investments in crypto. Unfortunately, some lost huge amount of money, that is why they felt exasperation with what they ventured on. That bad experience led to bad judgment and spread it to others not realizing, it is not the fault of the crypto itself but bad decision on his part. He should have understand first the risk management when it comes to crypto. But sooner or later, that person will realize his mistakes, and that will be his learning lesson in this market.

For me, this is the major problem of the newbies starting to trade, most of their mistakes happened at the beginning, which for me it can be considerable, making mistakes, in the beginning, will help you to learn and grow.

So, traders started to lose some $ and indeed they will continue and correct their mistakes on their next trades, they ended up being greedy, becomes YOLO trade ( no risk management, all in always) and in the end, they quit.

I saw some traders that are always telling that "Trading is not how much you profit you make/loss, it's how you will survive."

Personally speaking, i can relate with your statement mate that most of new traders looking trading as a way for an overnight millionaire simply because they thought that it could give them a fortune that they are looking for without even undergo hardships in trading. I myself interpret trading the same way too when I was a newbie and now I learned that it is not the way I think about it on first. For me the term run away when I fall or lose is not what I have done, I mean I just take the rest and find out what are my mistakes or simply learning from my mistakes before I move in trading again.

he isn't the only that lose over time the seasoned traders sometimes also lose his position overnight but not entirely his funds its just the way it is sometimes you lose sometimes you win.

now when it comes to being an advocate against crypto trading, the crypto trading doesn't end. lets say he is the most popular influencer on the internet, can he stop people from trading?  ofc not. all he needs is to get back his feet and try winning back his loss.

As a genuine trader, you don't need to run away when you failed in your trade. Sometimes, it is a sign of progress to any investors that is experiencing such is to put more effort to his trade. I nearly give up on trade when I sold my coins in a cheap way early this year when the price of bitcoin hit $40k, but am still into trading system with so much experience.

Oh well, if that’s what he thinks, then perhaps he needs to be a little bit more educated. However, if he is just being close minded, I know that it’s difficult for you to break through his glass to re-open his mind again about crypto trading. For me, he lacks risk management of his portfolio. If he just knew how to do that, he would have never give up and speak negatively about crypto trading. Take note that crypto trading has no astronomical guaranteed returns, because it always depends on the market situation, risk management and technical analysis.

^ You are definitely right, dont expect that there is a good return but instead, consider the possible circumstances that probably will occur ahead and bear in mind trading won't give a perfect way of making a profit. Failure is normal and if this will happen, make sure that you will learn from it. I heard so many times here that experience is the best teacher after all. Learn from those mistakes and you will be fine in the future and probably there will be calling you an expert in trading and become successful. Nevertheless, all I can say is stand strong and never give up.

On balance, almost those who fail their trades will tire of starting over again, and partly correct their trading mistakes. Think about it, how people can't make up for their bad experience in trading but still don't realize their mistakes. he spends his time and money, but earns nothing. really useless !!!
however the person who has realized mistakes in trading, then corrects unsuitable strategies, learns trading methods regularly, will get satisfactory results.
back to their respective characters, the suitability of trading is always different.

To give up is an option to anyone, to someone who finds themselves out of the race. We neither force ourselves if we know our capabilities are not good enough for trading because that will be our biggest mistake ever.
Trading is not for everyone and is not an easy job to do, people should have to know this. And that is why some traders just quit and leave in order to continue their journey to find the best opportunity suitable for them.

It is not at all advisable to run from your failures but face them strongly in trading and normal life cycle also.But there are some exemptions for this like if you have traded in wrong coin or your trading strategies are not working properly then you need to make changes in them and try to learn from your mistakes.Look at the charts and try to follow the market patterns and candlesticks which will lead you to profit road.Turn your losses into ladder of success to climb profit mountains.Get habbit of facing loss and if you don't have strong heart then surely running away is best option for you.

In my feeling, there is no usefulness to running it. Because even if you inquire about it, no good outcome will move toward it. When it comes to being a failure, you should go behind and learn about trading differently. No one gets abundant overnight in trading, so you have to be patient and struggle.

I usually just take a breather before going in and trading again. It helps me regain focus and start fresh and new. It also helps me do better judgment calls on my next trades and analyze where I went wrong. While running away and letting things be is okay, coming back stronger after a loss on trading is better as you already gained some experience and some new knowledge along the way. I suffered lots of losses in trading back in the days but I'm still here and doing some trades. It's the experience that matters on losses (well, the money is also important but you know) so learning a thing or two on where you went wrong is actually helpful.

For the most part it is useless to talk and try to convince people like that, they are too embittered by their own experience that they are not going to listen to your arguments at all, now I could kind of understand this if he lost his money to an exchange that scammed him and now he is suspicious of this market but I doubt this is what happened.

If I were to guess it is obvious he was using leverage without a stop loss and then the market began moving against him and instead of selling for a loss he kept the trade open and lost all the money he had and now blames the market instead of admitting that it was his own decisions that caused such a dramatic loss of his capital.

We should never run whenever we lose on trading, it won't help us become a better trader, instead of running, you better things on it, why not learn by your mistake? know what to change on you and how to improve your trading, that could be more helpful if you fo us on positive side than just giving up.

if you find it no good and the result still not acceptable, it gonna be suicide. Why not open our eyes and think that trading isn't for us, in fact, we can find other opportunities that might give us a better fortune. Better to stop pretending that we are okay regardless of how many losses we got and even paralyze our financial capabilities.
It finds no good to continue doing this if we can see that we are in fewer chances to become a better trader. It finds not reasons to chase your losses in the past as it impossible to recover them but better to let it go and move on for the next chapter.

If can be counted, my losses in trading activity is bigger. But i earn back from bounties and airdrop. Because usually i always cut lose my assets when i think it will go down. Gratefully i am never stressed and sometimes keep trading although always lose. But usually i only use money that i think ok if i lose it so maybe that is why i keep easily to cut lose.

It's quite common honestly. Back then I had the thoughts of day trading more than $100 in Binance, but I realized that I never knew how each coins perform within 24 hours so I just went back down.
All I know was that I was investing <$15. Turned out to be all losses.

Just hold.Trading had it's two sides.Everything had a positive and negative side.You should hold,when the negative plays a role by the dump.When the positive happened with the pump,you can sell it.By this move,you can earn huge profit from it.Using a chance is a unique move done by the clever traders.Risk management is essential to get profit.

Losing money in trading is normal and this is just the result of every strategies that you’ve used so don’t run away without solving these problem because you’ll forever carry that fear of losing money again.

Make this losses as your inspiration to do better on your trades next time, and learn that you should not go all-in in trading, you must know how to manage risk and trade responsibly. We traders have our own losing streak stories, but of course we are still trading to win some money because crypto trading is way more profitable compare to any other market.

Sometime yes, run it means I'll find some place to relax so as I can back to trade with the comfortable mind. Trading need a good mind or you need to have a comfortable feeling when you get start. You will just get a huge lose when you are trading in the bad situation. I mean, when you have a lot of things in mind you will not have a good psychology. This thing will affect to the strategy that you make, you will just be in rush to make a decision.

I have many experience when I had a lot of things in mind and I did day trading. I just make a lot of wrong decision and make a lot of entry until I just realized that I got a huge lose. This situation just came when I didn't know much about technical analyst strategy and I haven't learn about pshycology trading.

It is very important to know what strategies are effective and which not. We don't need also a lot of strategies to become profitable in trading because having 1-2 strategies is enough.

Openness is somewhat important in trading, we have to stand corrected if we find it was wrong and have to correct it right away. If we just easily giving up, we are simply putting ourselves disrespected. Why not trying for the second chance and correct all the mistakes we have, who knows.

Of course I don't go run when I failed or loose in a trade anyway. Instead, I keep going continue to trade because this was the main
source I got now for a couple of years. And besides loose in trading is just a normal thing part of the business for the individual traders here in crypto currency business.

I don't give up after I failed, I just need a comfort zone after all failures begun to break me down on my entire emotions. This is the most difficult scenario for a trader like me, because most cases literally affects our emotions due to several factors.
Financial stability is really a big struggle when it come to trading, but there's always a diversion in every single situation. We just need to open our minds on other possibilities, that would reverse those negative outcome just to make it positive.
Learn from those failures to become your strength, eventually you'll able to cope up.

We can learn from our failures. So yes, don't ever give up once you failed. We need more failures in life not only in trading, before we can see the reasons why we failed. And that will be our learning lessons that we can bring throughout this journey. I just take a break before moving forward. Also, don't regret your past decisions, it will just make your head hurts thinking all your failures in trading. Just look forward and use the tips that you gained.

There are a lot of people give a bad impression in terms of trading and mostly they are the one who losses a lot of money instead of having risk management to themselves. Trading is just only for people who can handle themselves and try to make earning. It's better if we keep our selves knowledgeable about the trading, not all the time this gives us a good outcome at the end of the day we are looking with the profit losing trade is part of the game if you don't want to lose I think its a god-tier trading you are. Always analyze the mistake if you lose in a trade don't overconfident about the basic information you shouldn't properly analyze because you win a trade one time.

In my personal case, I never feel ashamed or stop trading if I have losses in my operations, losing is a normal part of trading, the important thing is to obtain a positive balance, I always carry out 3 operations, if I lose the first I must recover with the second operation and exit in profit, but if the second trade I lose, I must recover with the third trade and if I lose the 3 trades it is because I do not have the correct view of the market and it is better to assume the loss than to seek revenge because it is worse, in that case I exit the market and wait for another entry opportunity, there are always opportunities to get good options, the market is benevolent.

Most successful people always learn from every mistake they make, so when we fail and never give up trying to succeed. That's what we also use
when we fail in trading, we need to remember that even successful traders often experience losses and failures in their lives. For me failure is not
the end of everything, because the more often we fail, the closer we are to success. So my advice is that if we experience losses while trading,
there's no need to run and we have to be brave enough to face them. Correct the mistakes we've made and move on, I'm sure success will come too.

The first thing you need to know is that losing in trading is inevitable. There is no Holy Grail giving you 100% chance of winning.

A consistent trader does not care about a losing order because he knows that the market does not always follow his analysis. How can he do that? Being disciplined and follow his own rules are keys to help him trading with a cold head. In addition, money management is also an essential issue. It is obvious that you cant trade if you do not have money. If you can control these elements within your trading method, losing will simply an outcome which you have already anticipated. The final result is more important.

Trading is hard. 95% traders lose their money. And the rest have to work extremely hard to turn trading into their own advantages. The process can take years to accomplish

In crypto currency trading, learning from once or other people's mistake is a great way to improve your trading knowledge. But if because of your lost and you decide not to return back to trading, it simply means you are taking trading as a way of playing gambling which is not.
Many thanks for your encouragement as that will really help some people who have lost hope in trading to have a rethink and return to see where they have made a mistake.

The funny thing is, even after years of experiences some traders are still ignoring to learn but want easy profits. They know how hard is trading and what needs to be done here for success but they are not ready to give their best; I understand them that they will keep attempting with trading with blindfold and they believe they could hit like a gambling.

When you are not ready to face nothing could help you. Running away from responsibility will never help; either you need to quit completely or you should make yourself ready to perfect trading. Developing skills is the only solution here.

it is ourselves who can help us become good traders. we know that in trading we must not be greedy, must be disciplined, create a framework, maintain psychology, etc. but until now there are still many people who just know it, as if it is difficult to do. indeed it is difficult, but not impossible, as long as we have a will for ourselves

I take a break after I lose in trading. Like someone you've met I become depressed. I asked myself a lot of times if I really did think about what decision I am going to make and if it was the right decision so i might not end up losing all the money i earned. I almost left this thing but somehow I find a reason to overcome myself. Now I am back again. I want to be more careful. Small profit is not bad at all. Small profit is better than losing. I know I become greedy before that is why I almost lost all that I have. I want to change myself now.

But, I believe if you run away just for small break then everything will may get fine. I mean that you should not continue your trading if you're facing losses. A break will help you to think differently and more importantly will help you to get back your focus. Losses are usually frustrating one hence instead of continuing with frustration, taking a short break must be a better option.

Yeah, you cannot expect all external helps/motivations to guide you all the times. After certain point, it should be self-driven. Losses and frustrations are common in trading but how we are accepting them, how we are handling them and how we are coming back from those losses is more important and will define our future.

You wouldnt improve yourself as a trader if you dont really know on how to accept those losses because those things are the best teacher and once you do experience some losses
just because you did make some bad decisions then in next time you would really be surely aware on what are the things you've been doing.It might not give you 100% precision
but once you are aware on how this market works then that would really be helpful into your trading career.Dont easily give up nor get scared when you do lose money
because its always been part of this market where buy and sell do works.

running is not a good option because it wont help it. the first thing to find out is why the trade goes against you and then try to correct it against next time.

All must have experienced a loss or loss of a certain amount of capital or even all of their capital. Both trade and investment. We must be prepared to lose with what you have traded. How we fail, may not be counted later, because we may experience failure again. Even a professional might fail too. For how much we rise and learn from the mistakes we have experienced, it all depends on ourselves, how willing we are to get up and learn from these failures. So that later you will not experience the same failure in the future.

And about someone you meet. Usually the mistake lies in how we manage our assets on the coin. Sometimes we hold it for too long because we hope the price will continue to rise. This is a trait that harms a trader. Continued to expect profit, even though he had already reached the desired target, but his greed destroyed everything. Too longing for big profits and finally burnt, too ambitious to chase targets, but he was experiencing a lot of losses. Experiencing losses and losses make us eager to return our lost money. However, this will actually make us unable to think clearly, especially when there will be additional losses. If you feel that your mind is confused, stop for a moment to trade, calm down first, and if you are in prime condition, you can continue again.

How did his trading fortune disappear in one night? Was there a hack of his account or what actually happened?

Of course, that's the hallmark of a good trader. You  review your trading strategy when you lose so as to find out where the issue may be from, and not scampering away and changing strategy without a review. Sometimes, it's necessary to even take some time off trading to cool off before returning to trading if you suffer a losing streak.


This will be very difficult to adhere to, especially for traders who find it difficult doing the maths of it. I don't stick to that, even though I have read it on several posts to stick to that (most people who advise this are not real traders but marketers and motivational speakers). I check the entry position and then calculate the win to loss ratio. If the win ration is great, I go in and set my SL. And allow the trade roll. That's it for me.

Honestly, this is a bad habit and I believe those who trade on impulse will be fond of doing it. While place a trade you won't watch? Even if one places a SL, sometimes the TP can be missed by whiskers and then revert to hit SL. But if one were awake, one could easily take profit manually and save the trade.

If traders are capable of learning from their experience then definitely they will never think about running away from their commitments. Only for the traders who are really ignorant about what makes them losing in trades, might be choosing running away as an option to skip all their responsibilities. If we are not ready to face the consequences then we should not get into trading at first hand. Trading is all about testing our psychological and analytical capabilities hence we should be ready to face anything.

Personally after a losing trade I'm just going for root-cause analysis to find out what the things have gone in other way so that which are leading me to losses. I will try to rectify those mistakes so that I will not repeat same mistake to avoid another loss. So, I never think about running away.

I always say stay in any position even if you fail to trade. because running will not return our profit. so my advice is to take it slowly and learn from mistakes so that we know where our mistakes are so that failure befalls us. so I thought don't run and fix the mistake

Trading does seem easy, but there are many things that we have to learn, there is no history of a professional trader in the first place to be successful immediately, of course they go through a complicated process. I personally also like you, study and learn to achieve success

As there is a saying in our country, take a break but never quit. I've also experienced to lose alot of money when I tried futures trading, I was really tempted to try it because of the gains I see from my friends on social media. I started with a 100$ capital and managed to make it 300$ that time. Without knowing the risks of it I was still going 50% of my capital per trade until market correction happened. It got me liquidated that time and been depressed for a couple of days thinking about how to recover it. By realizing my mistakes during those times, I told myself that I should not rush to recover it or else I will just repeat the same mistake again. I've avoided doing future trading for now and just trade on spot while applying the skill I learn from watching videos everyday on youtube.

You still have to know when to give up because sometimes quitting is the rational and healthy way to do. Don't just do trading because there are more ways to make money besides that and if you are looking for a big profit, you won't find it in there because it is impossible to predict where the market is landing every second.

I have been in trading for 3 years and several times I suffered losses leaving only 20-30% of my total capital. The problem is I can't control myself when the market suddenly fluctuates rapidly and ignores the previous strategy to become a scalper especially trying to trade on newly registered coins.

Experience should be used as a lesson to improve strategies and the ability to control emotions. You don't have to run from failure, but don't be too obsessed with returning your losses in a short time, there is no such process.

Well, if running can reverse and manipulate success and failure in trading, I am sure many people will try to run continuously every day here but really in vain, the cash loss is not reversed when we are using the wrong method. The right method must be to keep running in failure, more failures will know the correct stand-up point and avoid subsequent failures, the disappearing cash flow will begin to recover in such a way but on the contrary, the disappearance of the cash flow can become permanent through the time we flee from failure

When traders are making use of their own experience as practical lesson then they can slowly become professional traders and when they are trading like professionals then there will be no possibilities for them to get afraid of failures hence there will be no need of running away after losses.

The only required thing here is, traders must learn out of their mistakes; but most traders will simply move on after committing a mistake which enables them to keep on repeating the same mistake again and again. So, until we are making use of our own mistakes, we cannot trade like pro traders and may need to run away after experiencing each failed trade.

I know my mistake, which is easy to get panic and fomo. Always late to get information, and then afraid to missed train. Buy ask, then lose, repeat. For now i only buy coins that i think good or maybe usable by people like ETH in past, which is used by a lot of tokens to be fees and needed and maybe now there are a lot of coins to buy and hold. Since i know my mistake, i change my trading way and now only buy and hold.

This is nothing, I have seen a lot of people like that. I can remember the last person I met, a lady, and she was telling me how she lost money in trading bitcoin. I tried to make her understand, but she said that she has already made up her mind never to trade cryptocurrency again and will never do that. Such a person will try to discourage her friends and others from trading and investing in cryptocurrency. She keeps saying that bitcoin is a scam.

There are so many people like that who lose their money in trading, and it happens everyday to a lot of people, and some of them run from it and call it a scam, it’s going to be really hard to convince them to invest their money and time in it again.

I do not momentarily run once I experience loss in trading for I just barely know that such is a part of doing trading. What I just do is rest for a while and observing the market and once I got something in mind that I think can help me out, I will come back again to try and the process repeats on a cycle. I just keep on trying until I get through that because if you will just keep on running and is afraid or having a hard time facing losses, then you will not grow for you will be just facing lots of stresses and that will not help you out surviving trading with crypto.

I believe that's what makes the difference, you'll hardly see any quick money seeker do such. They probably will move on to sometimes less stressful and appealing like entrusting their funds to some random online traders or invest in project that promise daily fixed return.

Only those truly interested in perfecting the act of trading will reflect on the decisions they took that made the trade unsuccessful. The works doesn't end there, you also have to work on correctly that mistakes you made and not just let it go.

Professional traders has something in common they gathered the experience they currently have from frequently learning from their mistakes so if you intend to have a successful trading career then you must do the same.

You have to build your strategy beforehand and follow through. If you lose a trade, you take a rest and come back when you're ready for another round. As long as you keep learning you will start making profitable trades. Panicking can only happen when you give into your emotions instead of following technical indicators.

But you did not mentioned why He Lose all , and in what way.. But if this is a legit Trading that he fails? then He is stupid to feel that way when it was His own choice and mistakes.
I have Lose in trade back then but i did not stop trying until i finally made a Hit and continues up to now.

Losers has no place in this market.

First >>>>> Mind Set = You Must know the risk and ready for the Outcome .

Second >>> Making Right Decision = never set for Big Wins , instead be contented with a little but sure profit.

The more important that how much we have learn from the loosing. I think it is the best way to keep getting profit on trading. I actually follow my strategy and never fall down on it. I have lost many trading but i always put stop less that helps me to decrease my losses and make high ratio on my profit. So i think you need to have more patience before starting your trade.

If I lose in trading, I will not run from the loss. I will keep trying to trade. But I will take a break for a while to calm myself down and rest to analyze better than before in the next few days. That is important for us to learn from the mistake that we made before to know what we need to fix and have a better chance to make a profit. It is normal to lose from trading, but how we can deal with that is a matter that every trader can not do because that will be hard to accept the loss.

That is a good approach in dealing with your loss, knowing your mistake, find out what have you done working, and making a better analysis. Taking a break from having a consecutive loss is necessary for you to calm your mind and get out of the pressure because emotions have a big impact upon dealing with your trades. Loss is just part of our trades this became our lesson to not repeat the same mistake. Well, I can't blame that person who OP mentioned on his thread but I can't blame him, you should know your limitation, don't trade if you can't able to handle your loss.

You'll lose if you totally quit. There's no one in this world who never experienced have negative profits in there trade. But they still become successful because they learned from those mistake and took it as a motivation to do better. There's a lot of chances after every losses. All you need to do is to grab that opportunity

Of course not! If I lose in trading, I always find a way on how to manage it very well next time so that I can avoid loses. I just study the market movement, the graph and think some strategy to use. Trading is really risky and I already know that before I enter and try to trade. Also, I always use my experienced to learn more and not to give up.

I think change way of trading maybe not considered run away right. Because style of people in trading is different each other and holdings maybe can be called trading too only have different in time to do it. Sometimes, i really try to do day trading activity, but every my buy order filled, and then dumped, i keep panic and still don't know how to fix it.

Yeah, only because of lack of awareness about trading most people are getting frustrations when they see losses occurring to their capital. But, when they are aware of dangers of crypto trading, then they will simply move on by accepting losses to prepare for next profitable trade. This way I guess you must be an experienced trader and that is why you are not running away ;).

When I was newbie in crypto trading, I was trapped by wild bitcoin markets' fluctuations which made me run away literally. Yes, I did not trade for next 2 months and after that I started trading again with my friend's help as he was successful in technical part. I followed him and I learned lots of things from him on how to finish off trades in profits.

By changing your strategy pattern, you are already successful and better than running away. try to stay there and see how potential the coin you choose is right now. your fault is not due to coins, or anything else but your strategy. If you dare to speculate try again and don't run you will be a winner in the future. the most important thing is to always learn and be consistent to get a profit

Before we enter on crypto we need to know first that in crypto it is not easy to earn. The crypto trading is always risky it involves big money and if you loss posible you really get depressed for that loss specially when it's big loss. But you need to charge it to experience, beause if you will run you cannot get your loss asset back, the reason that people is joining here in crypto is to earn so if you fall stand up and continue, beause not everytime we are into loss I am sure that we can win someday if we dont stop believing.

losing in trading is a good thing, because from that mistake we can take lessons, just like me, I once lost $ 500 in futures trading,
and of course it really makes me disappointed, and feel frustrated, because I feel that I do not play in futures trading again and again,
and I prefer the spot market with large capital, yes and from that mistake I learned.

you have almost same situation with , in few days i  lost around $1000 from balance due futures trading , but i know its the risk that occur when i am strat clicking buy or sell button. i dont run of give up with this situation , but i am trying to analize what is wrong with my trade ?  am i over leveraged , over trade or i make wrong analisys ?in every mistake we could take important lesson , and now slowly i could recover this loss.

Trading is not kind of easy thing. The most difficult thing when trading is controlling our emotions to face even the winning or losing.
So far, many people depressed because of losing much money in trading, worse they suicided and this is very bad. that is why every time there are people or newcomers into crypto, I will tell them to be ready with all kinds of risks that will probably face during trading.
But everybody is different. for us, we may depress but we can take lessons from it, there is no benefit of feeling depressed so a long time. We can take one more step to trade and then get profits.

Wouldn't it be a "waste" to run away after you fail or lose in your trade? Making mistakes and losing money while trading is a part of a lesson that you can learn and avoid them in the future. It's a part of learning experience to be exact. If you fail once and never try again, you are a real loser and wasted a lot of precious time. If you aren't successful, the best thing to do is find out why you failed and learn from it. Next, you avoid those mistakes in the future. But then you will make new mistakes and you repeat until you have gained enough knowledge. Eventually you will be ready and become an experienced trader which will help you to succeed in your future trading. In other words, don't run. Keep trying (as long as you can afford).

I realize that is what I can do to prevent more losses and to deal with myself. If I lose, I will be sad and that can trigger my emotion to try more and more without thinking about stopping trading for a while. I can say this because I have the experience of losing some money in just less than a day but I still try to analyze the other coins. That makes my losses bigger, but fortunately, I got a phone call that makes me leave my computer so I do not lose all of my balance. Without knowing our limitations, we can use all of the funds to trade, leading us to lose all of the money.

Psychological control is needed in trading, when we are down like you, I think we really have to take a break and neutralize our thoughts, then we can start again and look for opportunities. If things go badly and we continue trading out of ambition, I think it's a gamble

Unless it was an avoidable mistake and an expensive one because that means that your prospective career as a trader is going to get cut short. You don't even have to commit mistakes to learn, there are people out there that have made the mistakes,  learn from them.

you want to encourge us here but why didnt you not encourage your friend first ? little success you achieve is still a success and its enough to inspire anyone to not give up .
how many traders you think are succesful now ?
thats also the count of the people that go back to check thier mistake because you cant be succesful if you continue doing the wrong thing  . running will make you a weak but if you are really a strong person you must prove it that you can face whatever problems that will come and solve it  .

a few years ago I saw something unbelievable:

I saw a news story that spoke of a successful trader, that trader was so successful that he made a lot of money making a trade, but he took money from investors to increase his capital further and he lost while operate in Futuro and killed himself in the same morning.

it was a very shocking and sad story.

I also already lost a lot of money when making a trade, I remember I bought $1000 in bitcoin and I lost when making a trade, I already lost $500 when making a trade

Then what happened?
You said that to yourself?
meaning you are a good trader now? any tips ?

Sorry to hear your losses. If you would have tried in other way to recover your losses then you might have got chances to get back your $1000 along with some profits as well.

I just buy again bitcoins and hold but never go for trading again unless you have learned some skills in between times.

I mean instead of worrying about some losses for long time, I guess we can try to recover through bitcoin investment way. It will definitely take some time but at the same time will give you peace of mind as well like "you lost but you recovered in some way" like that.

Yes,I will run.When you can trade then your profit and lose will be both.So  you just have to learn from it.You need to more patience and move on.

That is exactly what we have to do. We ain't make trading perfect nor we are sure that everything will be fine and profiting, thus, losses are what we encounter in the latter part. But, if we aim to chase those losses even we know ourselves that won't work so well is not a good idea. That is much better to find a way, not in trading. There are a lot of ways to do it and running away for trading is not a shameful decision but it was the right move rather than pretending that we are still okay even though we are so bad already.

To be honest (going away after loss or fail) it’s not a criteria of a professional trader. So who is a professional trader or who have atleast some basic ideas in crypto trading will not do that imo.

And if anybody can not handle/manage the risk it’s really bad for him and at the end the trader end will be with lose :)

Personally I try to manage recover my lose when I fail in trade. Or If the lose goes to huge then try to hold the invested fund for long term. :)

This is actually what happens frequently in crypto, people jump into trading when there hear testimonies of other people and eventually  looses all there got to trading which now makes them feel depressed and some even fall sick, but so bad not everyone take it as a challenge which there should face and come back to trading and sort out the reason for the lose, people give up so easily. When I was new to crypto trade I traded and got liquidated, I almost fell sick and stayed away for months and  came back to trading and still get liquidated but this time I took it up as a challenge and said since the market can take from me! I can also take back from the market which led me to making researches and met a boss who taught me of risk management, ever since I never remain the same, am now a successful trader making up profits from most of my trades, this is the power of knowledge and also not giving up.

I do the same thing, I really never feel pessimistic about my chances even when it drops in price. If you own bitcoin (and I own few more other bit coins like eth and bnb so forth) I know that even if I lose money today, I will earn it tomorrow, it is always a profitable business to keep some money in those things. Which means at the end of the day we are talking about something that will profit us, so why be sad about losing it.

Of course if you risk your money with leverages, margin trading and many other method where it is totally gone when you trade, you will lose money and be upset over it as well. How could you lose money if you only hold bitcoin and wait for it to go up? There is no way to lose that, as long as you can wait long enough time. So it is not about if trading and losing is bad, it is about how you trade and how you approach your losses.

I do have the same behavior as yours on the time i do really lose up money in trading then the thing i do commonly do is to try to rethink my strategies and trying to
plan on getting those back which would really involved lots of trial and error.Im not really getting into the point on where you do make it as a gambling
where desperation and getting out of control or being impatient just because you do lost money.I cant really blame off somebody with that because
its just normal for us to freak out but we should be mindful towards into our next possible move.

Running away doesn't make you weak or a loser when your trades aren't favorable and it's only just giving you stress. It's a way for you to recharge and rethink what could have been wrong with your strategies.
It's like you're just looking for a way to flush all of the stress that you have for you to have a better way of thinking which will make you have a fresh mind after you've taken a rest.

Ask any successful trader out there,  you'd realise that every single one of them have had trades that were not successful at some point or the other.  Only imagine if they had, because of that, quit trading. They obviously won't become successful traders that they are.
One of the reasons people lose so much while trading is actually they don't take risk management so seriously.  They consider it not necessary while placing trades and that's why they lose so much. If you'd ask me, setting stop loss is one of the most important form of risk management and it's benefits cannot be overemphasised.
If there's someone who's lost money while trading, take a break and cool off to help deal with your emotional health. Learn from hour mistakes and then bounce right back in.

If we just lose at once or two or three, that still manageable but if we find nothing has changed and the result still at loss, we better think to stop trading as this was not the right place for us. Quitting is not about we are giving up, it is just like we found out that trading is not for us and we don't need to force ourselves into this as we are certainly be losing again and again if we have to do it.
We decided to have the best and brighter future and deciding to leave trading is the smartest thing we did.
We failed in trading but who knows if we are good in the others. Just a need to find where we become comfortable.

Some basics for trading:
Ready for the risks
Not only thinking of profits
Smart fund and risks management
Spend only amount thay we can afford to loose
Never use loan or necessity money for trading
Be patient
Willing to learn

Those are at least that I always put in mine.  When we are ready with those,  we will not run after losing.  Losing is part of what we will get in trading,  even whales also ever lose.  But,  we must also take the lessons why we lost and make it for evaluating the strategy and decision

dont be a panic man, and train our mental, dicipline with our trade plan . maybe i add my point to complete your suggestion. with this key , i am sure we will able to face various wave in market , no big loss when make mistake. most of traders forget this point in my opinion and we have to traine our self so feel comfort when do it.

I did not use leverage in my trading so I could not feel what he experienced. But I did have a losing trades but I did not ran or stop trading cryptocurrency. Instead it encouraged me to study more to improve my trading system.

It depends on the situation maybe trying to figure out the graph first before i ran into that specific coin.  You can buy low sell low also if you go unto the deep of the coin you can simply make counter against losses. Sametimes if i fall i will choose another coin to buy to reclaim losses and be efficient in trading.

If we continue trading, we are only losing the money because of our ambitions to profit, but unfortunately, we are in high intention, leading us to choose the wrong coins to trade. Not many traders can stop trading for a while after losing in trading as they are sure that they can recover the loss in the next minutes. If they realize that taking a break will be the key to calm down, they can return to the market after that.

No trader has no story of failure, every trader has their own kind of failure story that gaves them moral lesson and most especially figured out their trading mistakes that they should noted of in case in doing their next trading.
I, myself did experienced failures too but what I have done was not totally running out due to failure but instead I am stopping for a while and getting my full mind to take rest because i felt that if I didn't stop I will definitely commit more mistakes and failure.

I didn't run but I took a break. Before I enter trading, I know I will feel sad if I lose in trading but the thing is I just "knew" it. I didn't realized how does it feel or how to be on the situation after losing. I am very strict when it comes to money. I follow my limits. I always budget my allowance that is why I got into depression the first time I lose my money. After all sleepless nights just to post on campaign, I earned tokens then trade it and I just lose all those efforts. I found a way to recover and that is by long term invest to bitcoin. I know I still didn't get back all of my losses but knowing that this time I've done something right, I'm relieved.

The best idea I can give a new trader is to diversify your money across your multiple coins. If we don't put all our money into one coin than the risk of losing our money is much lower. The chances of losing across 5 different coins at once is very small. If we own multiple coins than our loss in one coin should be offset by the winnings in another. The second advice I think is good to follow is our risk management. We should clarify before buying a coin what our potential losses can be, how much we are willing to let a coin drop in value before we sell. If then put in limit orders at these level, for example 15% below our buy price than we can protect ourselves from a complete loss.

Exchanging isn't simple and not every person ought to be engaged with it. Numerous individuals are eager since they feel that cash can be produced using exchanging yet only one out of every odd body have the enthusiasm. I, when all is said and done, really like to consider my disappointments. for novices there is still a ton of information that should be realized when it falls flat, discover where the missteps in genuine exchanging are and will discover points of blunder and can be revised to be accomplishment later on

Many trader include me was make big mistake and loss alot money when the market turn in to bearish in 2018 from the long bullish season in 2016 and 2017. From that experienced, i decide when i make alot profit for current trading i will make withdrawal of profit to buy other asset that has low risk. Because in bullish season on 2017 i was put  alot of money on crypto and i can not control my greedy. So keep learn from the mistake and dont to much greedy will make us become better trader or investor who will keep make money.

It is not the right decision to run away when you lose in your trading. If you run when you fail or lose, you do not learn about the reason for your failure or loss. Those people who run when they fail or lose, do not succeed in their life and profession. When I fail in my work, I try to find out the reason for failure and try to fix it. If my strategy does not perfect for my purpose, I change it and apply a new one to overcome the loss. We should keep learning about our mistakes and try for success again and again.

Unless you have a been trader that had undertook live trading one cannot know how to avoid trading mistakes, avoiding those mistakes need to  have exprience in trading, personally I watched my profitable trades turned loser due to my inexperience and greediness always wanting to earn more profits however I have learnt to take profits at certain level and move away having realized the high volatility in the price of cryptocurrencies can make or Mar profit.

everyone have try to trade with the big hope they can profit ,what they wish..but sometime they don't know expetation not always like they wish.
just stay calm went you fell fail..tray to teach themself with more calm,education,after all we have we need to start from small step.. ;)

I can't just run away if I experience a loss, because the loss happened many times, I will repeat the trade looking for opportunities to buy back. Isn't it before we trade risk and reward that we have to take into account it first, so that we can predict beforehand what will happen, between profit and loss

I believe even the professional traders have bad moments trading, so it is more common than people imagine.

The difference between a professional trader and a regular retail trader is the fact that people like me who are not doing this professional would react a lot more bad because they would not be ready for something bad however there is one thing professionals do not do, even though they do get emotional, even though they feel horrible when they lose money, they are human so of course they feel bad when they lose money and some of them even lose others money, however they have to keep going and they have to get back in there so they have a mindset of feel whatever we feel, but then just keep grinding and keep focusing on getting back there, and they are professionals so most of them do get back in profit position as well. That is the biggest difference between us and professionals.

we could recovery our loss in trade  if didn run or give up in market. its too short for our trading journey when facing lose and we leave it. lose will awalys occur in market but actually we could manage it by using money management so its not only single trade . using stop loss or other money management will help us alot and thinking loss in normal case

From the little experience am having I believe when it comes to trading you always make profits and sometimes you will lose that's just normal in Cryptocurrency since when you make profit you didn't run so why will you run when you lose the only thing I believe you should try and balance is make sure your profit is more than your lost and always make sure you learn about risk management before you just start investing in Cryptocurrency and don't invest all your funds in Cryptocurrency and also you don't have to borrow or take loan to invest in any coin no matter how you trust the coin don't borrow to invest because cryptocurrency is very volatile and you can lose your money at any moment.

But if you find yourself not so comfortable in trading, you need not to push yourself then. Stop chasing to recover your losses on there but instead find another way to make it. You should understand that trading isn't for everyone, if you are not destined to become a trader no matter what you do, certainly you'll never get it, even to use all the strategies seems not it works. Leaving and quitting is not cowardness, it is just we find a better place that we are about to excel, not to punish ourselves.

No I don't, Because in my opinion by loosing in crypto trading is a 1st step to achieve your crypto goals. Do the same thing until you win the crypto field.

But, when you are coming back for your second attempt then you must be having different or improved strategy and plans so that you can find different results for your trading. I mean keep trying with same strategy again and again will not produce you profits but will lead to big losses for sure; moreover that will not have any big differences from gambling.

I agree with this. Instead of keep on suffering, just looking into different opportunity definitely will help the people who are unable to develop technical skills for better trading.

Such a mindset is terrible. I know it's tough if we lose a lot, but we have to get back to trading fundamentals. do not always chase losses in trading. if something doesn't work out the way you planned, try going out, eating good food, exercising, relaxing and trying new strategies, I'm sure everything will get better

I believe permanently giving up might be a problem but if you're looking for short-term break then that should be appreciated in my opinion. Always not chasing the loss must be a good practice in trading; when we are agreeing to this point then we cannot blame traders who are taking break after a loss.

We need to remember that different trader are having different kind of approaches and strategies which will definitely lead them to approach market differently after a loss. This is the reason some people are running away for a short break after facing frustrations in crypto markets. Nothing wrong IMO :).

Thing here is that majority of us is trying to be perfect and once we do commit out some mistakes then we do easily get discourage and after that we do suddenly stop
or quit which is really a very bad behavior indeed. If we do find such difficulties then it isnt really bad to take some pause or break on minding off on
what would be the things we should do in next trades. Dont give up and dont easily get discourage or quit when you lost as these things are part of the
learning process and all you do need to do is to lessen up the risk.

No, i never do that, whenever i failed or will in loss I tried to wait for it because patience is very important in any business. So, I like to wait for it and then it gave me much profit as I was not even thought. So, Waiting and keep patience is the only thing that will give you benefit.

Patience is useful in many ways, as well as trading, we really have to be patient if we experience losses. Because patience will provide an opportunity
for us to compensate for the losses we experience, the crypto market is very volatile, so today we are losing. But a few days later we can get profit.
The most important thing is that when the coins we have price drop, don't panic and rush to sell them. We can be patient holding the coins until
the price goes up again, never run away when we fail.

I’m more of a long-term holder than a day trader. However, most of the coins and tokens I’ve invested are at a loss (especially shitcoins). However, I don’t run away from it because I consider it as a lesson learn for not doing my own research and not paying attention to the charts on a consistent basis.

That's the spirit and right way to go about it. Patience is virtue when it comes to trading — all forms of trading. Wait, and if your trading plan is right you will get the benefit of your trades.

There's no point taking the risk of investing in shitcoins. It's a gamble to do that. Forget the hype (which normally follows shitcoins), concentrate on usecase when picking a token. Shitcoins will always be shitcoins.

Some people like to estimate that a few failures are the general and irreversible outcome of trading while it is a fact that trading will be such a series of failures then form the wins and sum up the year end, which will be the profit, and just looking at a process with many parts is quite complicated, short time will not be successful and they need to be patient. However, patience becomes a weakness for too many people, they need to take the last steps of profit but they don't know what the market is asking them to do, running away in the middle of the road after coming back will also start from that point

There is no need to run, it is a sense of despair, it is better to make previous mistakes a motivator for the next step. Here in addition to the short term, of course there is option for the long term as a good opportunity to get another opportunity to make a profit. It's good that we can have some/another efforts to handle the possibilities that occur in trade

A matter of mindset of each person because few fails or mistakes wont really be that a solid reason for you to quit up directly just because you do lost money.Its part of the process and if you do

have that kind of mindset nor emotional instability then you would really be ending up on quitting directly or simply run out just to avoid the things you are currently engaging.
Patience is really a main thing needed on these kind of situation, you cant make out perfect trades and end up on profiting in the end of the day.

Always mind off on the risk involved and the probabilities of failure and minding on how to overcome those situations.

I've been in crypto trading since 2017 I can say that untill now sometimes i can still loss on trading but I am not running because the best thing to do is to stay and learn. If we walk away after we loss then we cannot get back or recover the lost funds but if we stay and learn I am sure that soon we will gain bigger that what we already loss.

Same here. Also, running will not do any good. As you will always come back as you still need to trade with other coins. Unless, once you decided to run away, it is your last stop in crypto trading. Just remember, if you are at a loss today, you will be winning in some days. As you learn the tricks in trading, losing will not be your forever fate. Losing is part of every trader's life. You are not alone in this journey. There's no trader that don't lose at some point. But that loss will make you understand why it happened and you will not repeat the mistakes the next time you trade.

This is true for those who trade with their own money which doesn't make him feel bad in 80% loss in a week. For margin traders, this argument is not true because their capital will be zero if the market price doesn't go back the original bought level. HODL is best when you are an early bird and the middle market fluctuations have no effect on your investment.

Market investment should be done with your savings and not with your emergency funds and the first lesson everyone should learn is that never take a loan and think that you will be able to multiply your money in a short period of time because of the high volatility. The pressure of returning will mess you up completely. Holding for the long term and investing when the market is bleeding is the only way to trade without much stress.

If someone sees the potential on one's market, he will have to learn a lot from it even he knows that there's going to be some losses on its way. Well, that's very natural if you want to thrive and become at least good at trading, you have to adopt the market and learn from those mistakes. It's a continuous study.

There's no coming back if a trader don't want to recover his losses but not all the traders that don't come back are not really coming back. If the losses are putting much stress, take time to meditate and study again with those losses.

Losses while trading cryptocurrencies is painful. It's even more painful for new and beginning traders who thought that crypto is supposed to be a get rich quick scheme or an avenue to make money faster and achieve your retirement goals. But in reality, it's not the case. That's why when they come across losses, they are quick to jump into depression and come up with the conclusion that crypto trading is not a good venture for anyone to dive it. As someone who has been in crypto for a while, I've accepted that in every trade I take, there is a chance that the market might not go the way I originally planned it. So I set up additional plans to counter incase it goes sideways.

- Go back to the drawing board and figure out what went wrong.
- analyse and evaluate
- Make better trading decisions based on lessons learnt from the losses and work on prevent such again.

Good that you aren't running after having a loss in trading but I don't think many guys will admit that they stop trading after loss publicly. There is a certain guilt people feel while accepting such things but I personally acknowledged that trading a certain type of coins was not working for me at all and I am proud to say that I have stopped trading such coins, mainly pump and dump coins.

I do lose in day trading and leverage trading at times but I know it's part of the learning curve and good thing that I am not making the same mistake and every day I realize and learn something new. I never took stop-loss seriously until recently when it saved me from a pretty big loss. Losing is nothing to be worried or ashamed about, learning from the mistake is important.

I am the one from many people who comeback from lossing money in the crypto market, i believe that my loss today is a lesson for useful knowledge later, i can say it now, before it, it was very painful when i am home from market with some losses.
Just learn from your pain, and you will find out what exactly your next move. Crypto teach us to be sincere, and ready for anything will happened next, being rich from crypto is a must, but to be poor from crypto is a bonus, so be careful.

Regarding peoples that spoke bitterly against cryptotrading, its their right to say it, as long as he doesn't commit a crime against me, it's up to him what he wants to say, I don't really think about people like that.  ;D

Nevermind those kind of people as they don't have any count in terms on your personal growth, let them bashed you or the market that you are working.

If you managed to you use failures as your source of knowledge then letting those negative people behind and continue to progress is a must for you to able to achieved more success along the way.

It's very important to deal with this kind of attitude as it will developed more positivity inside you.

Indeed, we need to learn from the market situation so that we can take advantage of the market when every new users are going to panic in future correction. Also, give up or running from failing is bad idea when we can learn from our previous trades. Also, many of us already become quite skillful who are in this market from the previous bull season as we know many more bull season is waiting for us and we'll sure to recover from loss and will sure to make profits in those bull season. So it's best to be a diamond hand hodler.  :D

If you run from failure, then failure will follow you around no matter where you go.

To rise above that one must learn from failure and learn to confront it not run away. This is true for trading as much as anything else in life! True facts.

For some reason there is this toxic macho attitude in the crypto trading world where saying you were wrong is seen as some weakness. I do not know why people think that way and we all know that it is not like that in the long run but unfortunately that is the case for the crypto world. Making a mistake is very human, we all make mistakes, and you said that crypto will do this but it did the opposite is the bare minimum of being a mistake, many many people make mistakes, that is why there are people who lose money to begin with, not everyone can make a profit, there are even times when most lose money like the recent crash.

However you do not see people who come out and say "I know I said it will go up, but I was wrong and it went down" because in that case everyone will mock you forever even if 100 other times you were right, and people do not like to be mocked forever as understandably so.

Yeah, although sometimes the mistake is so costly and deadly that you cannot recover from it even if you have learned certain things. I had a friend who lost around 80% of his allocated trading capital within the few days of his trading career and despite knowing the mistake he made (putting too much money in few trades instead of trading more with smaller amounts) he even today is still recovering the loss and it would take quite some time to recover it fully. Good thing for him though that he will never make big trades in the future because when you work so hard to fill a hole that took 5-6 days to dig, you will never again dig it that deep.

By the way, losing in trading and failing in trading are two separate concepts. Losing is part of trading, no one can always profit or win. Failing in trading means you don't have the requisite knowledge or the temperament to trade.

You wont progress or making yourself improve if you dont face up your mistakes or failures because there's no other way on enhancing or making yourself better if not facing up those challenges.

If you do ran away then nothing changes but if you do face it and try to overcome it then you would really show some progress or improvement on the way you do trade.

You should be having this kind of mindset because dealing with market is really unpredictable and you are really prone to losses.

The mistakes made when you have to lose 80% of the capital will certainly be very painful. However, if you only trade on the spot market and buy coins that still have potential such as ETH, BNB and several other altcoins, of course you can still return to the original price (but it takes a long time). Most importantly don't buy shitcoin and then Rugpull. A drop of up to 80% is likely to buy at too high a price when the bitcoin pump price and the current bitcoin price crashes, altcoins crash and are in deep prices.
Capital management is very necessary and has a useful reserve to restore the current state.
Stable emotions will also influence the decisions made while trading.

Before I say anything, let me put something straight first. There is a difference between taking occasional breaks and actually running away or being scared away by the market. One is more about you taking a step back, it could be days, weeks, months and so, to look back at your steps, trace your mistakes, build a strategy and maybe gather funds before coming back to trade. While, the other which is,

Being scared away by the market or running off after some huge loses, this is actually the one that tells you, you've failed. Your never a failure until you quite on a thing then,  it becomes a proven fact that, its actually above you.

Then a questions comes to mind and that is, 'How then do you say a thing is not yours?"
Because, its in trying that you can actually answer that question but then, how do you not get termed a failure after you make this discovery...?

It is our mistake that we commit while trading, then why should we blame crypto for those mistakes? (This is for that guy who advocates against crypto now).

Going behind every loss is not good, but a few losses which were highly unexpected should be looked for, and the reasons must be written down so that the trader does not repeat it again in future.

My experience from the forex market which can be applied here is that if you happen to lose in a trade, reconsider your decision as to why you opened the trade. Check why it could have go e against you,take a glass of juice and start all over again

This often happens when people are placing too much hope and overestimating their risks. I myself got into similar states when I lost 80% of the deposit on stupid mistakes, it was killing me.
The most offensive thing is that such things are done on emotions, in a swagger, not according to the plan, but if I went according to the plan I developed, everything would be fine. In part, all of this is related to risk assessment.

First of all, I will like to point out that some of those people you see that are like that have no single interest in cryptocurrency. They just saw or heard someone make huge profit from trading cryptocurrency and got rich, so they just hop on it expecting to become the world’s next richest man overnight.

So, a lot of them deserve what they get. They don’t even ask questions for people to teach them how it works or even seek for advise for the right they should trade, rather the just hop on it and start trading with all their money all at once and they lose it. How can you lose all your money in trading if not that you’re trading all at once? But you’re being advised to trade with 5% and some people even trade with less than that.

And that all would be gained through experience because this is the only thing you do need because you cant get all things in one go on first try or being just new and committing mistakes is just normal and this is why
when you do gain experience you would really able to lessen those risk and trying to sustain yourself in the market for too long.Fear and anxiety would be part and just like been others saying that those mistakes are
stepping stones on your progress as a trader, you wouldnt become any better if you dont learn from your mistakes but instead you do turn back and never came back.
If you do pursue as a crypto trader and really target or does have a goal on making profits then you should accept these kind of possible scenarios.

People who experience a few failures and lose small amounts are not a strong reason for people to stop trading. But if the failure is experienced
resulting in losing large amounts of money, maybe this is what makes people start thinking about quitting. Therefore we must have a mindset
that loss or failure is a process that must be passed to become a successful trader. Another thing we must have when trading as I have said
before is patience, sometimes the process of failure that we have to go through is quite long. Therefore, without patience, people will easily
despair and will run away if they experience a loss.

It’s really very rare that i have often failed in trading.
Or in a different OP how you are defining “Fail” in trading?
When i buy coins and it doesn’t give enough profit, then i wait for it to grow or if no stronger hint of growing, then i sell it.
Then I realise the mistakes i done, how i became greed to choose that particular coin.
Next time from my realisation, I figured out when choosing the next coin i will do proper research and buy the coin.

Why would you run though? If you didn't fail or lose big money in trading and you still have money to start over, there is always hope for recovery when you are trading. If you were to run away because you failed then trading isn't for you because at the beginning, trading is going to be full of losses although it will be mitigated depending on how knowledgeable you are in trading and if you have some experience before doing actual trading.

Well, one thing we must all try to understand is that trading is not for everyone, some people see trading as a business, others see it as fun thing to do when they are not busy with other important stuffs, those who see trading as fun thing should only play with an amount they can afford to comfortably lose to avoid depression and anger when they eventually lose it, while those who see it from a business standpoint should self search themselves and know if trading is for them, if they can actually handle all the anxiety and stress that comes with trading, if they can, it's wise for them to take out time to learn the art of trading, invest very little amount of money at a time, and invest alot of time in learning the art of trading, get to a professional level before investing huge sums of money.
Following this strategy will help one live longer and a happier life with low stress and anxiety.

As a Binance exchange trader, when I trapped into losses then I control myself with several experienced which already gained before trading lost. But always considered that every successful business has profits and lost two sides....

there is nothing wrong when you have to start all over again because of your mistakes in the past. But before you do something you've never done, learning it is very important. If you fail at Forex you have to learn how to make a profit and reduce the risk. I prefer spot trading in crypto because the risk is less than having to trade both ways and will lose everything if I don't understand what to do. All types of trading must be studied in order to overcome the risks that will occur.

It is a good thinking that you are controlling yourself. You stop loss and whenever you fail more than and didn't able to stop loss, you're just going to think that you can get those losses back with your next trade.

As for that consideration that there's always the two side of winning and losing in trading, when you lose, the acceptance and learning experience matters and helps a lot.

every trader must have experienced defeat, or wrong in analyzing, but every trader can calculate the risk of loss in every transaction, therefore by making trading simple, then we will not run after we experience defeat. but there are also traders who let go of their mistakes until their capital runs out, but for me gambling is not trading

A failed transaction doesn't make much sense. When you enter the field of cryptocurrency investment, you should exercise your tolerance, because there are profits and risks, but the reality is that many people will be very frustrated after failure. Without fighting spirit, you may have to leave the field of cryptocurrency, and everyone's courage is different. If some people fail, they may start over, face their mistakes, and find reasons to do better.

Yes, that's for sure.

We all started from being a newbie and then with such experiences gained, we're learning from those experiences including the mistakes.

And those mistakes helps us to grow more in trading and how to handle such situations specially the harder ones with our trades and being pressured.

give up or running from fact when we face loose in market should not make us as good traders or investors. this is be first step for us to pass how cruel cryptocurrency market. everyone could face lose but not everyone could manage it. this is the important thing to make us survive and success in crypto market.

Forex trading is very risky I can't imagine the funds will lose in an instant so how to recover them if they run out? so since then I stayed away from forex because I couldn't return what I bet.

For me, spot trading is a safe way so that all funds do not disappear even though it is equally risky but I am not afraid to lose it all because I know spot is a long trade with low risk, to learn for me it is the same as long as there is strong experience this field but I now always distinguish between forex and spot trading.

Previously, I had moments when I lost money in things that I didn’t understand, for example, such as trading.
I am very grateful to such realizations, because after that I stopped engaging in activities that I did not understand well, because the risks were incommensurable. Now I'm not running away because losing is part of the game.

You should really realize or anticipate that losses are normal but since you are dealing with investment then you should try your best on minimizing the risk as small as possible.
When you do anticipate that much that you can make money and when losses do hits or strikes you then that would end up on frustration and stress and thats the time
you  would really be having those kind of feelings on where you are down and afraid to deal with the market again but honestly, self realizations from your mistakes
which makes you a better or improved person because you wont really improved out if you do let yourself shackled with your mistakes and afraid to face it off.

Just use lower lev or even better idea don't use it at all.

For the past years I have been trading on and off. Spot trading the easiest, in my opinion, you don't "lost" all of your money in case of liquidations.

Just focus on scalping major coins like btc/eth.

Running from trading because of a lost trade is like avoiding classes because its going to rain by and by as a trader loosing trades must occur it's left for the trader to decide how much they are willing to loose in a particular trade and stay deciplined at with a proper stop loss set to help the trader in case the trade decides to go against the analysis. Trading requires consistency and dedication if not it would be difficult to gain mastery

Cryptocurrency trading is one of the riskiest aspects of cryptocurrency one can lose almost all your funds and that can lead to depression. When it comes to trading I think one needs discipline.

It is important to know when to give up, not everyone can be a master trader and make a fortune in the markets, if a person simply does not have what is necessary to make it in the market then it is better to get out of the market while they still have most of their money, otherwise they will lose a great deal of it against the ones that actually have what is necessary to become good traders, I know this is not an easy decision to take but in most cases this is the correct decision on the long term.

A failed transaction can also have greater effect on one's trading psychology if pure understanding of the market behavior is not put into consideration. Losing an exorbitant amount of funds is very painful and could affects one faculty if care is not taken. I could feel the pains and excruciating expressions of losing hard earn money that had been accumulated for over several periods, and now seeing it gone without any notice.

I've had similar experience before which I almost gave up in trading but later gather my shoes back with strong determination after admitting my mistakes with proper correction and aim to do better. Honestly trading is never easy, it's takes an  understandable mind and emotionaless spirit to overcome loses in trading.

Then don't trade without knowledge to avoid being depressed.

We don't like to see people being depressed with their decisions but in the first place, they should study what they're about to do.

Trading without knowledge is wasting money and it's been proven many times with those experiences that has been shared not just in the forum but in other platforms too how they've burned their money.

someone who will achieve consistent profits means they already understand trading, but for me personally who is still learning to trade will certainly continue to learn these things which can support better trading, of course this is not easy, because I often make mistakes in trading, and the hardest thing I feel is the psychological burden in trading

The disappointment of losing a trade is a lot and it kills an individual if he loses a major chunk of his investment but at the same time we should know that a person only loses when he sells in a loss.
Losing money overnight is something that is possible in crypto but not with the potential currencies. If a person invests in scam coins and hopes to make money then that is his mistake.
Similarly, every time we lose money while trading, we tend to learn something new. The only thing we have to do is not to repeat the same mistake again.
I have also lost good amount of money in trading cryptocurrencies but I am still here and learning and still trying with whatever I have to make money trading crypto.

You know, I can’t call myself a trader, but I had little experience in cryptocurrency trading. I want to note right away that my experience in trading cryptocurrency was successful and was able to earn about two thousand dollars on trading. Let's just say I was lucky, since I myself was able to find several trading pairs that had a good difference and I was able to draw up a clear plan for when to buy and sell cryptocurrency making a profit. Of course, this was a special case and such options come across very rarely. I was lucky, since I did not use large amounts of money and did not listen to others, I analyzed the situation myself, watched the trading and only after we see the opportunity to earn money, I started trading. Those investors who lose money on trading probably did not study the trading pairs that they used or even simply listened to the advice of other "trading specialists" and simply lost money. I don't think you need to kill when you are losing money, you need to independently study the exchanges, trading pairs and the market situation before you start trading cryptocurrency, and then find the opportunity that can bring you profit. Only after that you need to start trading.

Running away is only true if you will not hold any crypto for the rest of your life. But for most of us here, we need to face the reality of trading and learn from our mistakes. Mistakes will give us new strategies on how not to repeat them again. I don't think any trader here only has winnings in his trading, at some point we lose and that's part of it. But the difference is the degree of such loss. We can minimize if you have at least plans with your portfolio. Don't let it sit without doing any follow-up with the project.

Everyone has to keep learning.

Even the traders that have been making well amount on trading, they don't have to stop learning from their experiences and mistakes too.

It's for everyone that has to maintain continuous learning in trading.

Learning is continuous because theres no such thing about being all knowing because this market cant really be predicted from time to time.There are lots of instances  and situations

that could make you lose in a trade but doesnt mean that it is already over. For sure you do lose money but it doesnt mean that you cant make out some recovery.

It is just a matter of risk taking because not all would really be having that kind of mindset and just simply turn back and never engage or come back again once they do lost.

Yes.

And those who lost once and never come back, those are not real traders. They've just tested the waters and probably crypto trading isn't really for them.

I am sure that any person, if he lost his fortune overnight, spoke negatively about the world of cryptocurrency, unfortunately in this world there are those who earn and there are those who spend their money without earning a single cent. If such a fact did not exist, and in general the concept of earning in the world of cryptocurrency, but if he stumbled so much, then it is better not to enter this world back.

In business you need to learn a lot and gain knowledge about the market don't give up the market is constantly being updated. Businesses fail due to lack of short term and long term plans for which you have to prepare yourself you should have a plan of where your business will be in the next few years or in the next few months set specific goals and try to implement them. Try to specify what to do in the plan and within how many days if the plan fails your business will suffer.

It is a sort of commitment and you can be there on the top if you don't help yourself. Something we need to prepare that we gonna lose and to determine how strong we are and how our plans being followed. People who have been new in this field will be expected to suffer frustration but from that, we learn things that trading is not easy. While having those plans is the tool to help us to make the right decisions.

I remember seeing something similar a few days ago. A few people happy to share their trading records on the trading page. So happy to see those gains in a row. Having good judgment and patience will lead to success. You will actually be successful in trading when you are able to overcome this psychological burden. How about trading losses? In my case, I lose money wherever I invest.

- Indeed, they are just probationary employees and success spread across personal pages and social networks is what they see the most, the concept of investing with them is just a success that spreads everywhere, other people want to brag about their victories but we should ask them about the failures, the painful failures that have brought each of us down to grow up to this point. Trading city is where seas of people fight for freedom and victory, it's not a city of roses for princes who don't know life and like success.

This is why it's a BIG NO to put emotions in any type of Trading.

Purely Facts and information, should be the main source of your decision making especially if someone can't afford to lose a vast amount of money. Though, there are still people that are desperate to win big but without thinking what could be the outcome of there decision.

Emotions, heard a lot of those. They follow there gut feels and ended up empty handed, and they can't stop until they win there loses up to the point that they don't have anything to use.

But, let's not purely blame it with that. There are still times that even the experienced one miscalculated there data, and this can contribute as well to anxiety and panic attack. Worst especially for the beginners is yeah depression much worst is death.

When I was starting in the world of trading whenever I lost, I did not trade anymore, but there was always something that drove me to continue, what did not work for me was the technical analysis but it always failed me, then after so many failure plans I dedicated myself to read many books by Wyckoff, Livermore and that's where I learned to try to understand the market, from that moment I felt more confident, but most traders when they start and lose they stop trading. For now I have a lot of information to learn, the moment that we are going through worldwide is new for many, investors are living new scenarios that still do not know how to operate.

Yeah.

Likely hype catchers and they did a try and thought that it's going to be an easy deal to them. But they failed and chosen the better path for theirs and that's to stop and look for other opportunities elsewhere.

Actually we have to be confident in what we are doing for the first time trading, I also started out with a lot of losses and at the end discouraged it from continuing, but on the other hand I saw other people successfully doing it why I not? Of course I have to be confident in what we do with a lot of resources that we have to study including indicators and technical analysis in that article can provide a little brightness in trading, well in addition on the forum we can see and discuss what we don't know I'm sure with the capital of determination we can do with good skills.

In fact, it takes a lot of skill to start trading you have to learn before you start there are many traders who are at a loss after learning to build yourself success from failure you have to have the mindset and the business when you try to deal with whatever the situation may be success is easy. I am also frustrated when the trader loses but does not give up i learn something new from the loss.

Haha right! some people want easy money like easy work/job. We all know if we talk to a normal person who dont know what trading is , their first impression is you are making a lot of money! Well they always think that trading is easy like if you have money and trade then win thats all they dont know what really it was! Also people who tried trading and after a month quit because it was difficult well that are the kind of person what i describe earlier.

I am into trading for a year now and still learning things. I am taking it slowly because we all know that it is very very risky.

when it comes skills for trading you can actually train your self by creating an account in any exchanges that offer free demo. It's very useful mate because to be honest, entering in trading is very difficult even you have knowledge how it works and etc because it's different when you're in it..so knowledge still useless if you don't have enough skills to handle any situation while trading. so better train your self always.

Honestly what kept me going this far is that after 8 years of being in crypto and probably been here longer than almost everyone I know, I still consider myself a newbie and that allowed me to profit a bit. Why? Because thanks to this I do not do crazy moves or chase high returns and I just make moves that look "stable" and "risk free" which is non-existent in crypto because everything is risky but I do not go buy 5343th coin in cmc or go 150x leverage on bitcoin, that way I collected a bit of crypto and this allowed me to profit, and more than I imagined as well because crypto is crazy and the prices go up a lot.

This means I end up doing more than what I hoped in crypto thanks to being scared of what I can do, most people are not worried, and that causes them to be brave but also make crazy moves that ends up losing them a lot of money as well.

Demo is relevant but others do directly engage with the market on live trading which i can say to be that suggested if you do know how to manage your finances well.

Real deal with the market on actual live trades with real money is more challenging that playing with demo but at least talking about familiarization then this would be relevant.

Running is never be a solution because losses cant really be avoided.You should rather look back on why you had failed or lost that certain trade and this is
where you do gain experience.

In spite of the fact that it's something like betting however not completely rely upon your karma. For crypto exchanging it doesn't simply rely upon karma, we ought to have fundamental information about the crypto pattern. Exchanging isn't simple and not every person ought to be associated with it. Numerous individuals are insatiable on the grounds that they feel that cash can be produced using exchanging yet only one out of every odd body have the energy.

I am still in the stage of learning to trade, so when I lose it is a valuable lesson to be able to understand the market. I am sure that if we try, we will certainly get changes, so that later from trading I can prepare for retirement. so beautiful we work without being bound by time, and have financial freedom. Sooner or later I will definitely achieve my goal

Which is not that bad by itself, I mean there are many people that are determined to be trades and yet they do not make the necessary effort to learn about the markets, so while their determination is admirable at the same time they are wasting their time and money in an activity in which they will never be profitable, so it is important to know when to give up and recognize that you cannot be good in every single activity and that trading may not be for you.

Try to make yourself sustainable and able to endure lots of challenges that you could possibly face in the market since this is a market which volatility is really very wild.
When you do commit mistake or have a losing trade then go back and see off on where you do commit mistakes neither you do miss out to sell and secure profits
or you do make yourself caught in the dump.

Learn everything and gain experience and this is a continous process or would be a long time as you go ahead further.You wouldnt learn if you wont accept and realize your
mistakes.

They don't do much effort because they've already gave up and think that it's not really the market for them.

It's one of the reason and the other one understands that it's not an easy way to make money and you need to gain lessons first and analysis for you to have good results.

People who always run from failure, they are those who have a weak mentality and it will be difficult to become a successful person. Likewise, when
we experience failure when trading, do not immediately give up, at least make an effort to be able to correct trading mistakes. I agree to get good
results in trading, we really need to learn from every failure we experience. In order to be able to analyze the market better, because it is not easy
to make money through trading.

Trading always learnable and none can gather all experienced In an instant time. First time I lost my dollars at trading but now I gathered knowledge and experienced that I already profited instead of loses.

Either weak mentality or they're just wise enough to understand that there's else better than this.

We can't blame them for having that thought and if they've left already, that's good for them so they can find another opportunity which might be better for them.

Most people are blinded by the risks of trading not knowing how it could be profitable if they would have enough knowledge about it. It's a long process of learning and saying negative things about it wouldn't help. People who have a bad mentality when it comes to trading are those who are afraid to take a risk or have failed at it because of not having the willingness to learn everything about it.

Yes, it was and they have been influenced by others saying that they can make money for trading. Apparently, they find it wrong once they are doing it by themselves. It was really unfortunate how these people become blinded by the word MONEY without knowing how many losses they've got first before making a profit.

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I lost $100 for my first try, I really think about quitting and I really did. But I'd realize that quitting could make me not to recover my losses, so I come back. But this time, I'm already backup with knowledge and now fully understand the market.

That's the importance before starting trading we must be really mentally prepared. Mentality is important where when we get a loss, then we have to be strong too. It takes effort to get the best results and so does trading. There is nothing that can be obtained easily. All of that requires a process and also learning. In the world of trading many people are too hasty to sell their coins when the price drops so that it causes losses. That can happen if we can't be patient and don't observe the market well. That's why learning is very important, if you lose don't give up easily but make the defeat the spear of the next victory.

you take correct decision , why we have to so easy give in market that potentially could give us huge profits in future? Maybe you are lucky if compared with another traders that have loss more than $100 for their first trade. Our loss must be good lesson and experience that our preparation in knowledge was very important to survive in market.

Better decision making and good analysis while you are still inside this market, quitting is for those who realized that

trading is not for them. Not everyone have the capabilities not even you push your luck harder if you failed to recognized

the right patterns there's nothing for you in this kind of business.

Indeed some people are wise enough to admit that trading is not for them, but the problem is that some people are also too quick to conclude that
trading is not for them. Even though they have not made maximum efforts to become successful traders, I think we can wisely say trading is not
for us, after learning how to analyze and do some good research. Then we have followed all the basic rules of trading, but the result is continuous
losses. If that's the case, I understand that maybe trading is not for us.

I am not so sure that I agree, in theory every single piece of knowledge available not only about the markets but about everything else can be learned by everyone, but the evidence shows this is not the case otherwise the majority of the people of the world will be geniuses, so learning the skills to become a good trader is difficult and even then there is no guarantee that you will become successful as trading requires that you perform under duress and that is something really difficult to do.

Such a bad experience, i have been in same situation not just once but thrice, i always try building my account to a certain point and in return there get liquidated, the last experience almost made me flew away from crypto but due to the belief and trust i had for crypto i took a break and came back this time with more energy but trying as much as possible not to make same mistakes again, by doing so i will keep building, giving up is not the best option.

Even with the many years of experience, there is every chance that you could fail again and again. Success has got no guarantees even when you put in a lot of work but then, the least work you don't put in is all that is needed to fail. Again, there is more lesson in failure than in Success and the way you react to it determines either your going to turn out a winner or a looser. This is one of the most distinguishing factor between winners and loosers and its why most persons can't be winners becuase, they don't just go the extra length to know why they failed in the first place. Instead, they just give up and by so doing, they become the very failure they wish so hard not to be. Building experience is important and it is sure to help.

I will not choose to escape. I often succeed in constant trial and error. When I entered the field of encryption, I understood that there were risks. If you want to make a considerable profit, you must be able to withstand the wrong operation at the time of loss, you cannot bear the consequences, and you will not be eligible for profit. Loss is normal, but only by accumulating experience and learning can losses and risks be reduced. It is impossible to obtain wealth by luck.

Losing money in trading is really depressing but its a part of being a trader that we need to deal with. Such experience is just a trial and can give us a lesson that we can use the next time we trade again.

Those people who quit and turn their back probably realize that trading is not the career that they want to pursue. For me you cant gain anything if you didnt feel a pain, thus if you fail it doesnt mean its the end because it can also be the start to change the past and to do better this time.

I agree with what you say and if we really want to be successful in trading we don't have to run,
running will not solve the problem and instead it can create new problems,
after all losing money is a normal thing i think and part of trading and investing even though losing money is a bad thing but we can learn from it

someone who loses in trading and even then is also done by people who are professionals. Even the pros may lose in trading, but they can minimize the risk, so there is no bigger loss. and they think, tomorrow there are still many opportunities, and today's defeat may be considered unlucky, because we can't blame the market

You can't learn anything when you don't even fail in that trade. Learning is all about failure. If someone had  never failed in life then it means he doesn't even try a single time. So patience should be kept and learn from the mistakes will be very important. Then only you can get profit.

That is true.

You have to fail so that you can learn and everybody fails with their trades in the first time. No one becomes good already at the start and that's why it's the hardest part for everybody.

The beginning.

Beginning would always be a challenge because we do all start on being a noob and mistakes and errors would really be that common but as we go ahead then we would really be
facing non stop problems which is really a normal thing to experience and with also with experience you would really able to to sustain at least and everything would depending
on how you would really be handling out yourself into his manner.You wont progress if you wont really be accepting those losses and learn from it.
Running does simply means that you are quitting.

I most times advise newbies to stay away from trading, as it can ruin their life. To be a cryptocurrency trader, one needs trading skills to just luck because it has little to nothing to do with trading.

Your skills and experience make you a good trader, so before you venture into trading, take your time to gain the skills and knowledge that will help guide you along the way.

Trading is a risk as we can say in a sense , so there will be profit too and there will also be some losses. Loss is a part of trading so i don't ever stop if i failed in trading. So, i suggest you too to never stop ever after failing one time

How does that happen, if they stay away how will they learn? I started trading with a lot of mistakes but I keep improving from my experience. If the beginners are really serious then don't give up, don't back down. If the beginner backs down then he fails but if the beginner goes forward there are two choices of success and failure. From there we can learn not to give up because an expert comes from someone who doesn't know but wants to learn.

I will never run in a trade when it fails. in cryptocurrency there are many types of coins that are ready to provide profit. if it fails on 1 coin we can switch to trading on another coin. this is very easy and we can return failure at the beginning to profit at the end of the journey

Trial and errors are common in the beginning but mostly errors are going to be the result.

And if someone fails at the beginning and he starts to run then quitting is really for him and he don't want to extend more in trading as he just sees himself to fail.

Running is only to those people who didn't really expect for such loss or had really expect that they could make easy money  on this market and when the market had act out on how fierce it  is then you would really be finding out that this isn't  easy as it sounds.

Running wouldn't do anything good because if you do trade then you are aiming for profits which simply means that sustainability would much needed.

You wont progress if you wont accept those losses, try to enhance and learn up things out  of those mistakes because this would be a good thing for you to become even more better.

Running? I cut my loses when a trade goes sideways, there is nothing shameful in closing a bad trade it's better to cut your loses than to be brave till it comes worse and  you get liquidated. Losing is part of trading as much as winning even the best of us lose. Even if they don't brag about, most successful traders have bad trades but that doesn't stop them from trading

No Never. I know that in cryptocurrency often whale change the game . i use my tight stop loss and did not hesitate to invest even in bear market i try to find opportunity and try to make profit. I success in my way of trading. Crypto give us descent earning if we trade with care and whole heartedly.

Trading is not about to get profit every time, there must be some losses too, for which we have to be aware from the very first stage. The trading can be done through patience. After all i had never run away because i always kept patience in trading and i had started from the small and now i'm going to make a change and get the profit.

- I think there are only a few people who will run away or think in a way that is not clear in a loss situation because these people's upbringing from an early age has been less of a failure and they are people who are easily embarrassed when they realize failure, pretty much everyone in the world likes perfection and they will avoid facing what has failed them. On the contrary, most of us will just stay here to recover from the loss, sometimes it will take more, sometimes it will succeed but in general, there is no concept of running away.

I never run nor quit in anything if I happened to fail on my first attempt. I'd record countless loss and despite that I always have reason to come back, so does crypto.

I could remember when my wallet got ripped back then in early 2018, simply because I was just a newbie in the game. Although I had to leave crypto for 2 years but I got back in the year 2020.

I learnt my mistake after my wallet got wipped off by rippers by incautiously exposing my private key, and that is something I won't let happen again.

In a nutshell, I'm doing better now simply because I came back, I didn't let failure defeat me and I've mastered some keys and strategies.

Losses is inevitable and people should really be thinking off and expecting that these things is part of the process where theres no such thing about perfect trades and come to think off  that those losses
would also be the key for you to learn up more about trading and thats also the reason on why you do really able to avoid when you do able to experience or face up again similar situation.
On the time that you do gain up experience then this is where you trading journey would progress out.This would take a very long time and all you do need is
persistence and long patience.

generaly what happens to beginners that have some sucess in trading is that when there comes a losing streak, and it will come, they are to gready too close position in a loss. and even if they after hesitation close the position, they will try to desperatly earn the money back entering in a rushed and not thought out position and the same happens again. and than the cycle of breaking an acount begins.
now the title is actualy a good advice. if you close a position with a loss that "hurts", you better "run"....in terms of taking a break. reajust you mind before taking a new position. never go into a trade for emotional reasons

As i can say if anyone who is a good trader , will never run away because this is trading in which will give you profit sometimes and sometimes loss, but the ,main thing is patience as we can see bitcoin was before and now we can see it crosses $40k which is very good for the traders.