Bitcoin Forum

Over some time, I have tried to understand and take advantage of the many possibilities in cryptocurrency trading this emerging venture has helped many to reach their goals. What is the most valuable experience that has been a guide for your cryptocurrency trading?

Accepting losses or moving forward for some trades.
I have this behavior before that is like I am marrying my altcoins or some trades which I always changing my mind where I will cut loss, this is the major mistake I have done before.
That's why before entering a trade, I always finalize my stop loss and target price.

1. Not every trade you enter must bring profit. Expect a loss for every trade you open, however confident you are. So stop loss can be quite helpful
2. Managing risk is probably one of the most, if not the most important, aspect in trading.
3. Never use High leverage when trading (20x,50x, 100x) unless if you have a gambling mentality
4. Trade what you can afford to lose. This will help you get trading emotions in check

I made most of the mistakes through my trading years, and I am still learning from experience.

Learn from my mistakes to learn how not to repeat the same mistakes and always carefully analyze a coin before deciding to trade. Besides that, don't be too greedy in taking profits even if the condition of the coin's movement is good because the coin's movement can change at any time. If you see a decent profit, immediately close the trade and wait for the time to enter the market again. Don't expect to get big profits every time you trade, but feel satisfied with your profits.

Same here, learning from a lot of mistakes. Even if you study a lot of books and finished all trading courses you can't still learn from those than actual mistakes other from that I learned how to be patient, learn how to budget and be strict with every position I've made and learning how not to be too compulsive in using leverage and how to control emotion. Actually there's a lot of things you can learn in actual trading than the things you can learn from books and courses.

Don't lose hope and accept all the results because doing mistakes is really part of the game in trading, " that's what i'm saying to my self when i feel frustrated sometimes." ;D
Actually for me as long as there's a good risk management it still good and no need to worry because i know afterwards i can still regain all the losses. And yes that's the reason why i keep learning and practicing to fix my mistakes and to prevent losses in the future..

Just the personal experience and nothing else. I have personally never tried any guide or lessons by attending somewhere. However I have taken great learning’s from the forum itself. If you just search trading in the current section then you will find huge number of threads which has trading lessons or personal experience from the other professional or regular traders. They at least let you know what to do and what not to do so that we can push forward our trades.

I think most of the poster here has the same story. Learning from the mistakes or lessons of the other. May be you should follow the same and could get feel for the same.

When you are into trading you will go through alot, you will make mistakes and you even doubt yourself and want to quit at some point but all this is part of your experience and journey in trading. In my experience I believe all this shouldn't make loose interest as one is bound to make mistakes in anything but rather you learn from the mistakes you've made and grow. Books you study from can't stop you from making those mistakes but they are helpful at some point though.
Developing a strategic way of managing risk is important and don't be greedy when trading.

My experience has been not all bad, not all good! I have gain amazing experience and skill in trading! I have made losses but gained more! The powerful thing about trading is that you  decide your own future and that is a very fantastic opportunity! The ability to mske money base on your skill at anytime is an amazing and terrific feelings!

Trading is painful in my experience.

Prepare for your trading adventure.
- Accept loss before you can make profit
- If you get profit temporarily, make sure you take it by closing your position and withdrawing it out of your account. Profit is profit only if you take it. Profit in your account is not profit actually because you will possibly use it for another position soon.
- Don't use all capital you have for trading, you will lose it all very easily with your first few months in trading. It will vanish so fast in bear market and with margin calls

I have deposited Ethereum to exchange, traded it for an altcoin, lost on commission, bought altcoin I wanted, lost on commission, held it for a while, the sold to Ethereum, lost on commission, withdrawn Ethereum and lost on commission. Conclusion - avoid doing intermediary actions and hold. I've lost time, got few grey hair, returned to same Ethereum. My tokens value over time, due to losses on commission did not change...

Many times this is the story of a trader signifying that trading is not easy thing to do, it is a guarantee if you hodl your coins and allow it to grow gradually but it is not a guarantee if you decide to trade it because with trading you can either lose it or you are able to increase it value. However there is demo trading for learning and I use that sometimes when the market is confusing and when losses come.

Yeah I have seen loses as a stepping stone to attain a height in trading as most time the experience we gain when we lose in trading helps to build our knowledge and skills.

Well most common is that accepting mistakes is a part of an experience.
That is why experience is very important in trading because of it you will become a good trader or perhaps a successful trader so that you can reach your goal in trading. Another is implementing stop loss in yourself so that you will not encounter heavy losses and makes you disappointed in trading, this is very important for those traders which want to have a minimal loss.

Yeah if you see any skillful gamblers that are steadily cashing in on the knowledge that comes from learning and this development is possible only in a month. Many trader have the to build their formula

I accept every failure in trading as much as possible and I learn it again to try to be better in the future, from there I learned that in addition to practice and theory as a trader, we also have to learn to control our emotions and continue to grow. why it is necessary because this ups and downs of the crypto market make our emotions unstable and thoughts become chaotic. that is why it is necessary to control emotions to be more thorough and careful. Trading is not only profitable, but there are also risks involved and learning to accept the existing risks allows me to be more careful and controlled. so indeed trading gave me a lot of valuable experience in managing the crypto assets that I have.

I think, this is true for most traders. Even if we say, we have been trading crypto for years, still we are learning in every order that we execute. Because each alt is different from the other. Even with bitcoin itself, the trend is different every time you need to trade, so you still need to remind yourself about the strategies that you need to apply to avoid losses or at least gain from your trading activities. Also, if I may add, before you trade an alt, would be better to read their development progress so you know what is really going on and not only look at how their charts are moving.

It will vary from person to person, in this forum nearly 30 percentage of people was a new trader. They also came from 2017, the first moon of bitcoin price.Yes, it's the fact. When the price of bitcoin had reached of 19k dollars in 2017, it was enough to bring the new traders to the market.After the experience, the next question goes to which platform for trade. I had huge experience in localbitcoin for my trade from beginning.

Ain't have much experience in trading but based on my past experience, I always look forward to my mistakes and errors that will not happen again in the next session in my trading.  Trading is very crucial for me and it's hard to earn money there, ain't even know how to have a fundamental and technical analysis and that's why as of now, I preferred to invest in the long term which is I saw that there's potential than trading.

By doing this, you don't have a miserable experience in trading.

• Be always in a long term
• Manage risk
• Diversify your portfolio if it's neccesarry
• Avoid pump and dump coins

Nice advice!

- Long term is the best. Holding is the best if you pick good ones for your portfolio.
- I recommended people to pay attention on risk and benefit ratio for their potential entry point
- Diversification for portfolio is good. If one wants to do both, trading and long term invesment, that one should diversify two accounts for two purposes: one for trading, another one for investment. Don't mix trading and investment in one account. It is so hard for management.
- Avoid shit coins, do you mean so.

Valuable experience i.e. greed at the beginning of the trade, the trades I made had more profits than the target I wanted. But due to excessive desire I lost some of them and made a small profit. I think it's an experience that should always be remembered, don't be greedy with market conditions. Because it can make us lose again.

Like what others have said, the most valuable experience that can be use as guide in our trading journey is the mistakes that we committed in the past. Because of our past mistakes we became aware of what we are lacking and learned a lesson from it on how to improve our skills in order to not repeat the same unfortunate situation again.

Its best to have a plan and strategy. Learn how to manage your emotion and dont let it affect you on making decision. Losing sometimes is inevitable so dont use the money that is meant for important things.

That's how greed will make us lose, apart from that we need experiences like this because then we can learn and not repeat the same mistakes in the future,
the more experience it will make us better too and that is a good thing for sure,
the most important thing is to continue to learn considering market conditions can change anytime

1. Trading buy in rumors and sell on news.
2. Hit and run on the hype.
3. Scalping trade is better than investing in hype coins.
4. Believe in self-analysis.
5. Target take profit that is sufficient. Not greedy.

well, a lot of experience in the world of trading which I consider the most important thing in my life. such as experience in losing and re-learning, getting quite a lot of profit, being patient with holding coins, holding scam coins, and others. it became an important lesson for me and shaped the person I am today. however, it helped me to realize that we have to really do research in order to gain, and we also need to be patient when it comes to losses. success in the world of trading can not be obtained in a short time. I think this applies to other things too.

I learned to be a person who can control my emotions better. In some of the trades at that time I was in too much of a hurry and didn't do careful consideration, even I was easily emotional with unstable market conditions. Therefore I took it out in the trade I was running, trying to be very stupid but apparently I realized that what I was doing was actually only makes me lose and fail. And now I can learn from it and improve it.

While learning from your own mistakes is without a doubt a key to become a successful trader it is also important to learn form the mistakes of others, since not only this saves time it also saves you money and a lot of headaches.

But how to do this? And the answer is simple you need to backtest and to paper trade for a significant amount of time, while I know this is not the same as real trading, without a doubt it can help you to avoid many of the silly mistakes that newbies make and that can damage your account to the point that it will be impossible to recover from those mistakes, even if you were the best trader around the world.

At a time that you do everything possible to your knowledge but you never get the profit coming, I understand such and this is a real experience that you have shared. I think it is still happening in our trade but patient to trade is a little helpful. For a daily trader if we keep checking up on the trade then we can keep making hasty in the decision we take. If we trade like a game with the strategy for our trade we can do better trade.

You would surely able to realize and learnt up things when you do deal with trading into this market, like;

1. You would able to make yourself learn on handling out your emotion
2. You do know on how to have that risk management
3. Meticulous on your capital
4. Smart on taking sentimentals around

Market would give out that very bumpy ride kind of feeling since it is totally random and for you to able to
sustain or survive then you must have those qualities above.

Going to start trading is quite difficult, there are a lot of things that need to understand deeply, need to address, and need to experience. These all are kinda valuable experiences that can teach us to be more motivated and strong about what we want to happen. Perhaps it was gonna be needed hard work and dedication, yet it is really worth enough. Looking back on how I started, those things can't be forgotten and I always remember them especially when I suffer losses.

* patience
* motivation
* don't lost hopes

Not much guides, just the basics and mostly experiences. The losing part, precisely. That's where you learn most, from all of your mistakes.
If you can get up after all the rekt that happened to you, then you are good.
A trader must accept all the possibilities and that includes losing. Once you get over it, other problems will mostly be easy to deal with.
Even experts in the field are likely to have gone through it and I doubt they will be called "experts" if they didn't make it through.
Satisfaction is also a key, $1 - $10 profits when I started but it felt great for me.

If you could learn from your mistakes and rarely ever repeat them to eventually not even repeating them ever, then you will become a great trader. A big loss is the biggest lesson you could take, there is nothing wrong with losing money in trading because everyone does so eventually. Even warren buffet has years where he was negative, but when you look at it overall, he is in a big positive and keeps that up for decades now.

This is what you need to aim at, sure you could have bad years but you need ot be long term and successful when trading. There will be losses but at the end of the day you need to be getting better after each loss and becoming better.

Pretty bad. I've lost more than I earned, and if you consider all the time I spent plus all the stress that was involved, it definitely was a bad experience for me. Honestly the only valuable experience I got here was that I suck at handling stuff in stressful situations and should probably avoid being in such situations next time. My strategy nowadays is just to DCA to save myself the trouble and pain of trading since all the stuff that you need to learn and handle is a tad too much for me.

I think the most valuable experience that I've gained in trading is to never stop learning even though you're not yet there, in a place where you're making profits mostly of your trades. It's still tough sometimes for me because I still mess up my technical analysis and forget something very important to make a successful trade. I, sometimes want to quit because I've lost a quite few of my money in trading while learning.

But it's natural for that to happen because trading is not always about making profits. It's about losing money while gaining knowledge that could bring you profits in the future.

Stay focus and always have your strategy.
I also into trading for years now with cryptocurrency, not an easy road to make profit but once you manage to build your own strategy and have confidence over it, you can actually make money without having any panic attack or negative emotion towards your trading. Having a bad and good experience with crypto trading can also help you to be better in the future so don't be afraid to make mistakes, keep on learning and always aim for the best trade. Cryptomarket can help you a lot just do your part always.

Being engaged in trading, I deduced for myself a few basic rules:

1) You should never go short.  Short is evil.  As world inflation rises, assets always rise.  In the long run, bear traders always play against the market. 

2) You need to be able to wait for your position to become profitable.  Endurance and composure are the most necessary qualities for any trader. 

3) You need to invest in an asset that has a great fundamental value.  Investing in shitcoins is sometimes profitable, but very dangerous. 

4) You need to buy on price drawdowns, and sell on highs. 

5) You need to be able to believe in the asset you bought (otherwise why did you buy it?)

Perhaps the most valuable experience I've found in cryptocurrency trading is when I've lost control in a panic when the price has plunged to a bottom. At that time, I only thought about how to save the rest of my money and just sell it straight away without thinking that the price could bounce back because it was just a correction. In addition, I also faced greed with taking profit because at that time, the coin I owned, the price could go up high, but I didn't sell. As a result, the price went down slowly until finally, the price returned to the lowest price without me having time to sell it at a high price. That was probably the most valuable experience I came across, and I always wanted to learn from those mistakes to become a good trader.

To be honest, what is my point about cryptocurrency trading is if you are not ready to see many loss then don't start day trading, it may look more profitable but it had risk associated with it. Apart from that I only trade bitcoin with stable coin pairs because it is more easier for me to analyse and make decisions.

Don't try to bite more than you could chew. If you think you have too much crypto, then you indeed have too much crypto which means you should sell some immediately and buy something else. Otherwise you will panic in a market downturn. I made that mistake and I am telling you this so you won't make the same mistake.

I have ever shared my own experiences with trading cryptocurrency and these experiences teach me many lessons.
Here are the link:
https://bitcointalk.org/index.php?topic=5355731.msg57753395#msg57753395

From the experiences, I can take some lessons and also make some improvement to be better, but sometimes, I am also still doing another mistake.

About the loss in trading, well, I am now at the Spot Market trading type, so I prefer to hold every coin that is still under the price that I bought, make it as long term holding (fortunately I think that most of my portfolio consist of top coins with strong fundamentals), so no need to worry much, justbepatient.
Losing in trading crypto is very common, what we should make is to pay attention on what reasons that make us loss, additionally, we must also learn from our previous mistakes, especially about the way to manage our fundsa nd also emotion, these two things are sometimes very hard to do.

1. I'd learn that trading isn't for everyone
2. I'd learn that patience is the key to succeed in trading
3. I'd learn to accept losses
4. And lastly, Decision-making

Perhaps, I don't really have a good experience in trading, I was about to quit after losing money but then, I realize this is all gonna happen and If I quit, it gives me no chance to take it back.

As a trader, one tends to learn so many lessons that you might have paid little or no attention yo in life. Some of the lessons I learnt from trading or virtual things is that,

1. It ain't about you.
Well, that goes for most regulars on the trading platform and the whales too although, Elon made me think otherwise some time ago, henr his tweet started having a huge influence on the market and could determine what direction it Di assume although, that wasn't for long. In essence, when you are just a strand amongst many  unknowns, your actions doesn't matter much when you aren't trading with the direction of the market. You always have to go with the trend.

2. Having to keep records.
Events do reoccur, perhaps in a different form or under different circumstances but they do and the easiest way to keep track is by having a record. Be it hand written, pictorial or even bookmarked. That's some study material on not just the market but also on yourself and working strategy.

3. Managing my emotions.
Emotions could lead to lots of hasty decisions and its a time where, you tend to ignore what is analytically obtainable. Hence, its something that one has to regulate. You know, just tune off when it goes to making financial decisions, when to enter or get out on  a trade and have no regrets which ever the results may be.

Trading could be fun when you don't go at it like a do or die affair. You just have to tred where you can bare what comes off it.

Patience is the key, Trust me this is a motto that you'll want to keep in your mind and soul if you want to be successful in trading, Crypto trading requires a lot of patience, especially in the times of dip you should know when to exit and stick to your stop loss, you just can't let your trade flow because one day market may recover, because market might recover in a day, a week or maybe in more than an year, but are you willing to hold your capital for such a long span of time? Also by holding this capital you are also suffering in terms of other opportunity gains that you might have made if you would have kept your capital invested.

From my experience, my experience is not very good, I started trading 1 year ago today.  So far, I have been patient in trying to recover from the wrong decisions I have made. This does not mean that trading is bad. Learn to do a good market analysis first and then come to trading.  Don't trade everything you have, give as much loss as you can afford.

The way of managing my emotions, know when to stop and when to do next action with your tools and indicators, don't chase my losses etc. I have learned so many things during trading and it affects a lot for me not just in trading matters but for my real life behavior where you need to always think before doing something and that helps me a lot for real life matters as well. I'm proud for learning trading cryptocurrency.

Emotion handling
Risk management handling

These are the most crucial things that you should consider on having a good control with.You cant able to sustain this market if you arent able to take a good grasps of these factors.
Trading experience could neither be profitable or totally losses and results arent something to be precisely be predicted or known because market is really that hard to handle out.

If anyone thinks that crypto trading can provide instant profits they are wrong. Because like you said patience is the key to success when
trading crypto, sometimes we do have to wait a long time until the price of the coins we have goes up. My trading experience for 5 years
has taught me that patience is the determining factor for our success to be able to generate profits. Actually being a person who has patience is
not only good for trading, but with us being able to be more patient in any case, it is proven that we can be better at making decisions
in our lives. So we really have to try to be more patient when trading, don't be too hasty in making decisions, because the crypto market is
very volatile if we are careless by rushing to make decisions, it only makes it difficult for us to make a profit.

Even I am not a short term active trader, I do buy/sell cryptocurrencies for attempting to maximize the hoarding of my bitcoins. When I have been watching some coins, it may look like giving me good opportunity to enter with (at least in long term perspective) but watching with bare eyes will not help anyone. You must analyze with technical tools. One good example was EOS. It was a hugely successful in ICO and gained lots of reputation in crypto communities but when it was available for 5x cheaper, I thought like a good thing to accumulate but after I have invested it fell for another 5x.

Exiting at some percentage of losses will help you in 2 ways. You may prevent further losses and may find a new opportunity to recover your losses with the same capital. In above scenarios if I would have put stoploss around 20% losses then I not might have faced 5x losses.

getting out while you can would be your best option especially if the coin is continuously going down. you may have losses but at least, you still can get something out of it as compared to holding it while its value goes down to zero. and then, you end up nothing. that's what i learned with most eth tokens. sell it while they have market value, because sooner or later, these devs will also disappear and there's no miracle to get back their prices up.

Always take profits appropriately irrespective of how small the profit is thus avoid greediness, and over trading, once the indicators had signalled a likely price reversal take profit and exist the trade, crypto prices are very volatile from my personal experience as a trader a once profitable trade can end up in a loss within a shortest period of time, Moreso I prefer trading in the beginning of a new day i.e in the beginning of a daily or 3 day chart and monitor the price for a breakout based on trading strategy before entering my trade.

This is one of my experiences because I was too greedy, I didn't make a profit but instead I lost, but I feel grateful because of this I can correct my mistake, every position I have I will set SL+ and TP. SL+ here intends to avoid losses where I will put SL+ at a certain price if triggered then my position will come out and get a little profit.

About holding and waiting for the right time to sell.

It's an underrated strategy for the day traders only but I know that many of them that does the both thing, holding and day trading. The big profit that I shall get through holding can be done by day traders with that much effort and taking time.

In holding and selling it only when you're on profit is gonna be the easy thing and I've been used to it. Learning through your experience in the past is really a helpful thing for your future plans in trading.

In the crypto trading that I have experienced so far, I learned to be disciplined and try to be able to control myself. discipline towards the framework that we have described becomes a reference for conducting transactions, so that we comply with it as much as possible by exercising emotional control to enter the market and exit the market. It sounds simple, but actually it is difficult to do and requires repeated training

Without a doubt those are important lessons that sooner or later we have to face, however while at the time they were painful at the same time they contributed to your growth as trader or investor, however one of the big issues when it comes to a lot of newbie traders is that they do not learn their lesson the first time they make a mistake like this.

So they end up making the same mistakes over and over again before they learn their lesson, and by the time they do so the losses they have accumulated are so massive that it does not matter how good they are since it is is impossible for them to ever recover their capital.

That is what experience is all about. You’ll get to learn new things that you didn’t know about and through that experience and what you have learnt from it, you are able to upgrade your skills and get better at what you are doing. If you never had that kind of experience and also tried to learn from it you wouldn’t have been able to know the thing that you know today. But, now you are clearly aware that you are meant to make use of stop loss and other tools that are meant to help your trading and decrease the risk that you are taking so that you do not end up losing too much of your money in trading.

Accept every loss as well as any profit and do not regret every decision that has been taken, and return to take a new step without dwelling on past results.
Traders find it difficult to accept losses even though losses need to be experienced so they can be more careful and thorough in every decision they make

1.Trading is not for everyone: This is true, there are people who has troubles of blood pressure who will not bear losses and people who are so impatient that they will end their trade even when on losses. If you have tried trading and it is not working for you, you can please try another thing.

2. Patient is the key to everything, not just trading. You cannot be successful in many things in life you are not patient. Patience is a virtue.

3. No one will willingly accept losses in life. To lose in life means to lose really. So it is not always welcomed in trading. But a realist will always know that there are two sides of the coin or dice.

4. Decision-making is an important factor. Most times it is better to make a bad decision than not to make at all. You may decide not to take profit and later run into losses in few minutes time. So, to decide is one and to bear the consequences of your decision is another.

It takes time to accept every loss, and not all traders can accept it right away. If those who can accept losses can learn from their mistakes, they have the possibility to improve their abilities in the future because it allows them to analyze the mistakes they have made. It is hoped that by taking lessons from these mistakes, they can increase their knowledge in trading.
After that, they can be more observant in analyzing every movement in the market and can determine when to trade.

It is very difficult to accept losses. But in trading I willingly accept losses if some certain conditions are met by me before the losses occur.
For instance I have my tested and working strategy which has been working for me. But on a very bad day I apply the strategy, and also do all the necessary things but in the end I still lose, I will simply accept my loses and call it a bad day. That is the nature of the market. Win and lose is it, and only the strong survives the wave.

I am curious to know what possibilities you took in trading other than spot trading. Did you go for margin, leverage and options? Keep in mind that these are nothing different from gambling with your money and the only EV+ trading is spot trading.

Since I was in stock trading before this, crypto was a bit different compared to the timing and range of movements. But if you are calm and composed and you dont take every market movement too deeply, you will never face a problem in keeping patience and making a profit. This I have learnt in the older days of stocks, helped me a lot with crypto trading.

My overall experience has been good and profitable, though a bit slow because I play long term and safe.

Trading crypto is never a do or die affair, in crypto worst happens, this is because the market is not fully determined by one person or commodity unlike other businesses. My trading experience in crypto has actually been good though, I can say my ignorance in fully understanding the crypto market affected my coin. I remember I bought my Ethereum at an affordable rate and due to my ignorance and impatience I sold it a low price even though to me,the price was great since I made my profit.
The most important skills in crypto is patience and also accepting the fact that in business, you can't make profit always. Also understanding crypto before diving towards it is also a crucial factor not only in crypto but every other business as well.

I've learned that crypto trading needs patience and broad knowledge. It's too important that you know how to manage your emotions or else, it will be the one who will ruin your decisions. I've learned how to get rid of greediness and you will only learn it in time. Experience is really the best teacher and as I experienced failures in trading, I realized that it isn't a shortcut to success which was my mindset when I was just starting.

I have had several experiences in the market from winning to losing and all the experiences that I've had have helped in shaping the way I go about trading cryptocurrency in the market.

So, I would say first of all it is very important that you get to know that there is risk involved in trading cryptocurrency. And after that you have known that, the next important thing that you have to do is to create a good strategy after you have learnt about the strategies that are involved in trading. And also know how to manage your capital so that you don’t end up losing everything in the market since the risk in trading is to high.

I wish we could see more people that understand crypto trading not to be a must do for every crypto enthusiast cause stats of trader that make lost is huge.

It looks like you don't know the difference between crypto investment and trading because what you said here indicates what you're into as investment not trading.
 

You're not alone with that experience because many from here and outside the forum have done that.

Because of the confidence and rush that we've felt, we're quick into selling it because we've thought that it's about to go down. That's okay and typical and the important thing is that you've made money from it.

You have to re-do it if you want to continue and wait again until it goes down.

I consider most the banner here has a similar story. Gaining from the slip-ups or examples of the other. Might be you ought to follow something similar and could get feel for something similar. Anyway there is demo exchanging for learning and I utilize that occasionally when the market is confounding and when misfortunes come.

I don't remember anymore my valuable experience in crypto trading, globally there must be, the point of which is profit.

On the one hand, sometimes I realize that trading should not be taken carelessly, the crypto you want to trade, need analysis, needs, developments, teams, types of crypto, supply and so on, really need to be considered, if you choose the wrong type of crypto you want to trade it can result in multiple losses.

The problem is, everyone has twists and turns as long as they trade crypto, maybe I haven't found anything valuable, who knows in the future.

Yes, it is not easy to accept losses, but we must continue to accept them and learn from our mistakes so that our analytical skills will improve. But keep in mind, all of this takes time and effort, and if you continue to really study hard, I'm sure it's only a matter of time. Even a master will lose a lot more than us, but they are still willing to learn from their mistakes.

When I was begin with the forum,I had started to inverse in bitcoin also.At the beginning,we don’t get huge or bulk some profit like now.It’s even 10-20$ ,we had made with bitcoin.But now we can earn 500$ in a day with the bitcoin.But for that you need to inverse a huge.When I begin trade,even my colleagues and College mate not accepted bitcoin as a mode of money transfer.

One of the most basic but important skills for a trader is to learn how to minimize their losses and maximize their profits, basically most traders when they make a good trade instead of letting it run so it gives them more and more profits decide to close their position early because they are afraid the market could turn against them, and while this is a possibility it is better to let the trade take its natural course, as that is the way in which you can accumulate great profits when you happen to correctly predict the direction the market will take.

 The simplest way that I have discovered this would be DCA, which means if the price goes down, I buy even more, and if it goes down some more, then I keep on buying even more and more. That's a risky thing if you picked a horrible coin, that means you are going to lose a lot more and will not recover, however, if it's not a horrible project and something trustworthy and goes a long way then you will be profiting quicker when it goes up even just a bit. I did this during 2018 and it helped me be in profit in 2019, let alone the big increase in 2020 and 2021, that was just icing on the cake when it happened. It's totally the least risky way, depending on which coin you do this with.

If this keeps happening, all you need to do is stop being a trader. The price keeps going down and you keep buying, it means something is wrong with the way of trading. Leave the trade and learn again to be able to choose which coins have value resilience, rather than as if you are risking money but the portfolio keeps decreasing. Unless you have a pile of money that can go order after order as the coin keeps dropping, buy again buy more.

Every experience you get is valuable. There are things that you may never know but due to one experience that you have had, it will help you to learn about that and also be able to work and improve on your strategy and the way you trade in the market. So every single experience that we have, is always helpful.

Yes, the main focus is to make profit. Though that profit might not come often. But, if you're able to master the skills that you will need in trading, you see yourself doing really well and making good profit by the end of the month. And you never really get to master the skills very well except when you start having that experience.This is the reason why you would see a lot of people go for demo trading so that they will be able to gain experience of what it is really all about before they start trading for real.

That is one of the biggest obstacles in the career of most traders and we just need to look at the forum to understand this is true, from time to time threads appear about how to trade the markets without losing any money and something like that does not exist.

This is why scammers can get advantage of those people as they promise to them to reveal them a trading system that either never losses or that losses incredibly rarely, like just 1% of the time, but such a supposed trading system is just like the martingale that gamblers use, and when they happen to lose then they lose all their capital as they were doubling their capital on each trade.

My experience from cryptocurrency trading, I have always learn from my mistakes   and I come to understand that it is not all trade that will yield profit. I try to learn from my losses  that was caused be greediness.  Trading experience have also taught me to be satisfied with every little profit I get from trading, lastly  trading is all about patience.

Trading expert had a huge amount of trading experience.When you had huge amount of trading experience,obviously you can earn more from it.Trading on strong crypto will give you huge amount of profits,then inverse on less potential coin.The less potential coin needs huge amount of the time and if it had huge traders based.Surely it’s no doubt to get a profit.

Trading is a really huge activity. There is so many things to learn about cryptocurrency trading and I have been able to learn a lot of them by reading articles online and there are also others that I have been able to learn through experience. I would say that you should try to make use of tools that will help you to stay ahead of the game. There are so many tools out there that can be of help.

Take for example, I’ve been making use of the coinmarketcap.com portfolio tracker and it has been really helpful for me to be able to keep track of my portfolio easily. So I would also recommend it to other people.

Managing risks is art on traditional finance markets, traders have to learn how to manage risks aka cutting losses and letting trends stay your friend. Giving up early can be deadly mistake since trends can go much longer than you expect, learning from mistakes teach you accepting wrong choices and join the strong side of the market. Otherwise, unnecessary risks will accelerate the process of getting REKT.

^ The most important in trading is that managing risk, without this you will always end up as a loser.
That is why we should have a stop-loss limit so that whatever happens, you know how to cut loss every time. Making a profit in trading is not just easy, you need to dig and dig research and have more experience before you will learn it. Because trading is not always a happy story, it should be there are more losses than your profit. A knowledgeable trader will always have an advantage.

Exactly, learning process take years and it is similar timeline for both financial markets. The more you learn about the algorithm of the market and you get an idea how each tick moves on charts. Technical and fundamental analysis methods help us to understand what price wanna tell us and how patterns will change shape of trends. Cutting losses is crucial, stop loss is there for reason that help us to renew position if something goes wrong.

Actually my trading experiences nothing but I think it's my  alternative job for supporting my childrens and family. When I can't support myself with my job salaries then I entered my  trading life supporting my childrens and family.

so, the most valuable value in trading is that we learn to do analysis, development, learn about the team and others mentioned. I think that is a very important thing, because from that, we can apply it to almost any type of business to make a profit. I'm like that too. many experiences of losses, and other bad things that made me focus on analyzing and developing certain things for profit goals.

Risk management ranks very low on the minds of most people when it comes to the skills they think they need to trade the markets, most people concentrate themselves on entry signals and exit signals trying to time the market perfectly in the process, however someone that is not as good at those two skills but that has a great strategy to manage their risk while they trade will have without a doubt an advantage over most traders, as when they happen to lose a trade their losses will be small while when they happen to make a profitable trade their profits will be higher, meaning that even if their ability to predict what the market will do was not above what they could get by just flipping a coin they would still make profits even then.

you are really a great person, even though trading in crypto currency is not an easy thing,
can you share how you trade? what strategy do you use mate?, of course everyone wants to know,
see you can successfully support your family and make trading as an alternative job.

its good alternative income source for us, but not all could do due money limitation. there are several alternative beside trading, maybe airdrop or bounty campaign could set as your other income source. you could use monthly salary for daily needs , and income from this market as saving and investment.

That must have been a tough decision to make. Usually people try to find a new job and keep trading aside which I feel is a realistic approach because trading is not a method that guarantees an income everyday but a day job usually does. With mouths to feed you would rather be happier with these things covered than go on some risk-based method.

In the meantime, I wish you all the best in trading and getting a profit out of it, but do try to enter in to a job that does not take all the time you have. So then you can balance both and have a certain degree of mental peace of being employed, which is important in this world and to be able to trade with insight.

I dont get what "strong" means in crypto. I understand the use of words like higher price compared to another based on fiat and stress-tested coins. I believe you are trying to convey the same idea. I do agree that getting into the top five coins is what people should focus on.

It cant be a job if it requires money but a job usually is free and we are only being paid to do it but still a lot of us thinks or treats trading as a kind of job. To some, trading is more than just an alternative to their job but they make it as their main/primary job because they can earn more here and they can have more freedom. If we have ever tried trading then we must gain some experience with it. That experience can be good or bad.

Trading is far from airdrop and bounty campaigns because these two do not involve a capital and the earnings on them are also not guaranteed. Trading is more guarantee if you have already gain a skill and a knowledge.

Learning should be our first priority as making a profit could be easier then.
Even though we have been exposed to the trading environment but if we still have a lack of knowledge and trading skills, making a profit is still impossible.

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What I've got in trading is that I'd learn to adapt to the situation and be patient. We need to become versatile and never go against the trend as this will take you down and make you lose. It is something we need to adjust and control our emotions to a higher extent.

I took a different route, I actually had a job back in the day, still do have a job, and I didn't risk anything nor had to do trading at all. However, I am also very well aware that the risk of working from paycheck to paycheck means that if you have one big bad urgent need for money, you will be screwed financially.

This is why I got into crypto and that is actually a very good thing as well. Nobody should stay away from crypto and trading and investment, if you do not trust yourself, just make sure that you invest according to how much money you have, that way you will be doing fine and not be bothered a lot. In the end, we all need money, employed or not.

the first time I only traded with one account, while sometimes we couldn't wait for the price to enter our buying area, so often one account was for various purposes, and the results were bad. after that, I tried to divide the account into several levels of risk. At that time I divided it into 3 accounts, where there was a parent account where I used the smallest level of risk to protect my capital. and there is one account for daily trading, which I use to release our monsters who are often impatient to always make transactions, and the result is that so far I am more comfortable doing it

That's right, we can use airdrops and bounty campaigns as alternatives, even though both of them are not like they used to be where we can get big income from it,
apart from that both are good for alternative and most importantly be patient,
trading also doesn't always give us profit so look for other sources of income and that's important

The idea that we will take from here about the Kipta currency rating is that patience and faith are very important here but the important thing here is that the emotions you manage here will not work here.  But here I think I have learned how to get rid of people and you can only learn it in time. It will never work for people here.

crypto has provided a bright future for those of us who use it as a place for financial freedom. some dark past may have happened to anyone who invested in crypto, due to lack of knowledge and skills in trading. part of that failure will be their experience to plan the best for the future. experience will be the best teacher in trading in crypto.

controlling emotions is the most valuable experience I have learned, because I once lost a lot of my money because I traded crypto when I was emotional because of a losing streak.
and many other things that I have never regretted but made it a lesson for me.
every experience we get will make us better in the future, so do things to get a lot of experience and also lessons.

Most people are going to be incredibly reluctant to share their strategy with anyone, and it is not difficult to understand why, to develop a strategy that works is not as simple as just grabbing a few indicators and call it a day, you need to develop a strategy that you can actually follow and then test it over and over again against different markets and assets, and only once you can see it comes on top every single time if given enough time then you can begin to use it, and since this is a time consuming process we cannot expect that anyone shares the fruit of their labor for nothing in return.

I'm sure everyone whether it's trading or investing in crypto they must have experienced failure,
that is normal because failure is not always bad and we have to take the positive side,
failure makes us learn so that in the future we don't repeat the same mistakes or failures and that's good for future developments

I had the same thing but in gambling, I lost a lot of money because I chased my losses there. I rarely do lose money in investment because I am long term, but in trading I do not just "lose" money, I usually just put a stop loss so my losses are low, and I just keep the rest when they go back, or do DCA if I trust the project too much which means I rarely do lose when trading.

Not that it hasn't happened before, when I first started I was horrible at trading, but I considered those losses as learning curve and I considered it my lesson cost, and now I am doing better and that is how people should approach their trading losses as well.

it should be experienced by everyone who trades and invests in crypto.
I had my first experience in trading which I did. -45% of the capital I put into altcoins. my stupidity to trade and not use a stop loss. as well as market analysis that I do is very low.
but after following several communities and often following discussions. I ended up getting a sizable profit on another asset.
I think everything takes time to process. Those who don't know at first will know later. I believe, no trader never loses. so keep thinking positive.

Before I traded in crypto before I was familiar with Forex trading, when trading forex I got hands-on training so it was easy to understand charts and some popular analyzes which when there is crypto trading there are many similarities, of course there is a lot of experience that we can get from trading crypto because we must always update with the latest news to be able to profit.

Forex trading and crypto trading do have some things in common,
especially if you have experience in forex trading, of course it makes it easier for you when you want to enter crypto trading,
Even so, that doesn't mean we don't need to learn because the crypto market is constantly moving and we are required to keep learning and analyzing it

Efforts are made consistently I am sure will get results.
at the beginning of trading I very often get losses but I believe and continue to learn until I can get a profit.
things that continue to be done consistently is the key to success in my opinion.

Many of us have encountered trading for the first time when we started learning about crypto, without any previous experience in trading! I believe that each of us recorded more losses at the beginning than profits, but that changes if someone wants to learn and be much more active in the crypto world, information does not come by itself, it must be found, and sometimes it is not easy to find solid info!
I guess everyone starts with daily trading, and most lose money that way! Only when you start learning and investing in the projects that are worth and can have some product that can be popular in the future the profit will come, at least that was the case with me! In my opinion, short-term trading is very risky and too similar to gambling, which is why people lose most often! I believe that all beginners should start with long-term investments, it is certainly a much safer option, and easier! It's better to learn about trading slowly than to lose money quickly!

Profitable into those people who had been dealing or trading this market for a while already which is a solid indication that they are sustaining or surviving their selves into this unpredictable market.
Trading experience would really be having that bad situation when we are starting up but as long we do gain up experience then this is where we do make out some adjustments.
Just dont rush up on being profitable because this isnt how this trading works.All you do need is to survive and maintain yourself which would be ideal on having
this kind of behavior rather than on rushing up yourself.

I can guarantee you that this is true. Whoever wonders if forex and crypto trading is similar, I can promise you 100% that they are similar for sure. In both of them you have indicators and TA and charts that you could use, and in both of them it could go to waste if there is something silly. Like for example in the crypto world there could be some Elon tweet that makes it go up, when all the TA shows it should go down.

And in Forex we have world leaders who are doing stupid things, which causes the value of their fiat to go down way more than what you assumed it would. I am pretty sure that world economy will get into recovery mode soon, maybe in a year or so, but that will take a while and crypto will copy that and go up the same way.

Every newbie on trading usually scared to risk there money on trading especially if the price go down suddenly right after they bought tokens. Opening a demo account is good idea to become familiarize and test your strategy if it's working before you will do it in actual trading with money in line. I undergo on this phase of my trading too on my newbie days but I experience an eye opener when I experience my first loss due to my greediness and mental breakdown when I trade using the money that I save for a year.

Trading with real money is far different from using demo account because of emotion and greed that clouding your decision making. It's better to try small amount trading for a long time until you upgrade your trading size.

Early loses is always associated with trading of a kind, I know a lot of traders who made good steady and passive income through trading that have had a similar experience of early losses before building the necessary knowledge on trading.

It is very common to express our regrets because we lose but this becomes an eye-opening for us and those who come as these mistakes make us knows to differentiate what is right and what is wrong, and importantly, we know and accept our mistakes.

Putting money into trading is really risky but apparently, we can manage the risk by simply being careful and choosing the right coins to trade.
I'd learn how to listen to others' ideas and become an open-minded person as this will help us to find a way to become better. We don't need to pretend that we are good at trading, yet, we continue learning as we keep on trading.

Crypto trading is just a mostly emotions and just a portion of the knowledge because at the end of the day it's your decision to make a trade cut the loss and take profit from the trade you made. Still, knowledge is an essential thing to make sure you have a good strategy and executes your trade but with the emotions you have must need to sure you can handle unexpected things that happen such as people making dump and pumping too much emotion attached might bring unnecessary decisions.

Everyone I think is aware that trading is very risky and it is very complex,
that's the importance of having knowledge and skills because it can support in trading and minimize risk,
I also agree that continuing to learn is also important and it is part of the process so never be complacent

Having good knowledge and strategies is not enough to make us successful traders, we need good emotional control when trading. Because if we don't
control our emotions well, we will easily panic with very volatile crypto price movements. We can also miss the opportunity to sell coins at peak prices
if we are too greedy when trading. But if we can control our emotions, it will be very helpful in making the right decisions. Therefore crypto trading is
not an easy thing to do, there must be some things that we must learn so that it is easier for us to make profits.

I also have experience trading crypto for about 5 years, still learning how to become a successful trader. Because until now the amount of loss
I experienced is still greater than the profit I made. Because I think crypto trading is complicated, not just buying at a low price and selling it
at a high price. We will encounter some difficulties when trying to trade, and we must be patient to overcome the difficulties we face.
It does take a long process in order to become a successful trader, which can generate profit on a regular basis.

My crypto trading experience has lost a lot when I first started trading because I am a new person who has no experience with just being determined, but after that I started to understand crypto trading, I didn't give up to learn until now.

One of lessons I have learnt in trading crypyocurrency is to be dead to your emotion and use numbers and historical chart to your advantage not to your disadvantage. The moment you master your attachment and emotional triggers as regard your trade, your profit will start to grow until you reach your set goal!

I think that many have quite a lot of experience and knowledge in this niche. While getting them is very difficult, it is important to understand.

Traders are supposed to treat currencies as tools and not something to get attached to. But this differs on the basis of long term or short/mid term. While coins kept for long term purpose will be there for sometime and one may get too attached to them, those in short or mid term have to dealt with quickly and decisively.

In reality what most newbies end up doing is buying or selling at the wrong time and not just make the mistake of getting attached. This is more true when coming to altcoins. Every trader should know that any altcoin needs to be traded quickly as soon as profits are seen and as soon as they break even on ROI.

As long this market would continue and as long there would be buyers and sellers then it would continue to exist no matter what and as long there's volatility then there's always a chance for you to make profits.

Opportunities is boundless or unlimited as long this market moves.Trading experience would be similar for most people which experiencing the bitter sweet of volatility.

We know that its not easy but it would really be worth once you do gain up sufficient experience and skills on sustaining yourself in the market.

I just adopt the formats of buy low and sell high this have helped me over the years to make good use of every market phase, crypto currency is a highly volatile commodity and at that it price is subject to change at interval.

Just like what we witnessing is the market the entire crypto market is down and even Bitcoin that is the major player in the market is down against the United States dollars.

because it is when we try and make trades that we will get the real experience. a meaningful lesson that will make us more careful in determining the assets we choose. and that ability grows not only by reading. that ability will belong to every trader when they dare to take the risk to start their trading experience.
nothing is easy and instant. all will definitely need a process to become a professional in a certain field.

I would guess that long term ones get attached even less than short term ones if you ask me. The reason for this is that if you are after short term profits that means you need to know everything about a project and make as much profit as you could from it, whereas if you are in the long term part of it then you do not have to do any of it and you could end up making a profit based on just ignoring it for the longest time.

If I get bitcoin and hold it for 10 years, I do not have to look at it at all, just come back once a month maybe and check it and that's fine. You can't do that with short term, you have to be on top of the situation at all times.

Throughout my time in cryptocurrency trading, I have learned to take the little profit I have for the main time and prepare for another one. This is because greed pinged me down as I was holding some coins, I had profit already, but I was waiting for more than twice the profit, then the crypto market went bearish while I was unable to sell off. Since then, I've made it a point to capture any profit I can to prevent losing my entire investment.

Taking profit is never a bad decision but you understand the market plays a big role in your making profit. Lets use this current market for example, there's no way you'll make use of the short form of trading and never expect yourself to make loss.
Lets agreed, greed pinged you down but is it a must you sell at lost price?

We can have that conclusion that the crypto market is still really early at all. But people would say that they're already too late as the prices were quite high already.

This will never stop. The pump and dump for every crypto will happen no matter how new or old the project is, there's no one that can stop it because it's assigned to happen.

Losing my funds only in a short time when trading in the Future market. That was exactly one of the most valuable experiences that I must take lessons. The lesson is that we are not supposed to follow other people to trade n the future market if we are not ready if we still don't understand how to do technical analysis.  This is too risky, mate.
Additionally, being too greedy is also an experience because I want to get higher and higher profits. Butin fact the price keeps down and I must sel it precisely when the price keeps dropping

Well it is considerable that the losses when one learns or knows why they occurred, one learns much more than the profits themselves, when a person wins in trading sometimes they do not even analyze why they win, when they lose some people look for the reason why , and when they get it, they have learned, and having that learning becomes an advantage that they will have because they will not make that mistake anymore, I think that trading always teaches as long as you have enough awareness to realize that it can be done when you analyze every detail with a magnifying glass, this reduces the probability of losing in the future.

If you ask me the experience of my trading, I will say that never trade on emotion and always learn from your mistakes what you have done your previous trade. If you don't follow this main topics then you will never be able to a successful trader. Even then there are many traders who don't have control on their emotions and repeat the previous mistakes , and in the end they lose everything. And one most important thing keep in mind that , And trade as much as you can afford to lose.

my most valuable experience while doing greed. that time i held a new altcoin and the altcoin was pumped up, but because i didn't see logically and took profit, eventually the coin turned to ashes. therefore we must take advantage of the golden moment and never do greed, because it can make us miss the golden moment to take advantage, this is mostly done by beginners because they do not see the worst in cryptocurrency

Trading is hard of course but if you do it with passion mixed with knowledge and skills, everything in trading will never turn into useless attempts. Having a positive mindset and a long stretch of patience are the things that keep me going in trading. Despite of the losses, i guess crypto trading have still its best opprtunities to earn and make a living, than to turn our backs into trading and end up quitting.

Indeed, trading is not always on our favor. Sometimes embracing our mistakes and especially losses is a very good teacher that so that we can somehow and hopefully can avoid making the same one in the future. Patience is one of the key in trading and never stop learning. Everyday you can gain a new knowledge about trading and how to make it work. It is indeed has its own risk, I dare to say it's a very risky. But once you get the hang of it, you'll be fine. As long as you're not greedy when you trade. You need to set your entry point and profit point, don't stretch it out more than your goal. Because it didn't always end up in a good way.

As they say, experience is the best teacher. The Crypto space haven't been an easy one for me for the past years, losses and profits are achieveable on a daily basis. There was a point, where I got my futures trading account liquidated thrice on a row. At that moment, all I wanted was to forget about trading and face my work, but with the help of my friend, I later retrace back to the space but with different pattern of trading strategy. I started to bagged coins for long term purposes which really help to lift me from the trenches I was back then. Now all I have to do, is to open trading positions with 80% trading signals, and trust me its what have been kept me going in the space.

I agree.

After 1 year of trading in futures, I still got greedy sometimes, not taking profit because it might pump more but regret it in the end of the day. But the more failures we have, means the more lesson we learned. We started to think before getting greedy, we became more careful, we became more each day of having a bad day in Trading. Consistency is the key, losing money is included in the process but I know someday I can trade with more profits than my losses.

cryptocurrency trading has been an awesome experience everyone should have with lots of ups and down......happy when market (trade) is going towards your direction and sad when is going against you, above all knowing and mastering your strategy is one of the keys to crypto trading.

The quest to make profits have led us to discover several ways and I have been into future trading for some time now but have not hard it easy, my experience has been on the bad side as I slide into loss recently when is got greedy and increase the leverage to ×4 which made my liquidation price exit fast and that has been a big lesson to me. Next time I won't allow greed to take over my sense of reasoning but again trading is all about taking risks since no one can predict the direction the market will flow so you just have to ride with the wave and make your predictions.

The risk in the leverage world is that we are talking about something that would be a bit more troublesome, it causes people to end up with a good profit at times but since it is so volatile that you could lose it all very quickly. Just a bit of wrong direction and you are going to end up losing a lot.

I heard that there were some people who traded the Luna deal for a quick while when it was crashing, and they did a very very high leverage while it was going down, and what happened was the fact that it recovered for just a split second and suddenly they lost money, so all in all we wouldn't be making a big deal and it would make them lose, even though the long term projection was down.

Perhaps, this was not a good option to take when trading especially if you are a newbie. We have to think that the market is soo tricky, we can't just simply underestimate the volatility it has. That is why I'd just stop and focus on spot trading where I become comfortable doing this. For the many years that have been in this field, we can't really stop losses, in fact, there are times that I suffered huge losses. For me, there is no perfect way in trading, it all just matters how we make a decision in a particular situation, sometimes we got influenced by our emotions.

We all made mistakes and we all lost money in the crypto world, we just moved on and everything to a little bit better. Of course, it is not the ideal situation and I understand that there could have been some situations where we did a mistake by looking at it as a mistake and still took that risk and ended up becoming a mistake.

I know that we have a lot of "I knew it wouldn't work, should have not done it" situations. But that doesn't change the fact that it is not something that could change at this moment and it is in the past and we just need to move on and need to be better. Sure we made mistakes and of course we will make more mistakes but at least we need to be better.

The experiences that I have encountered while trading crypto are;

- When greed overwhelms us, losses are waiting at the end of the road. when we already have an advantage and because we are greedy we choose not to take it because we hope for more profits. and it turned out to be a loss.
- when we control our greed by being patient and holding back more, we get more profits.
- basic knowledge of crypto, market analysis, fundamental analysis and so on need to be learned before entering crypto trading.
- the higher the risk taken in crypto, the greater the promising profit (must be prepared to lose).
- after I have explored and traded so many coins, I have the conclusion that only bitcoin is the safest for future investments. (nothing is 100% safe in the world of digital money)
- when you get a loss, don't focus on wanting to be quick or in a hurry to reverse the loss. because it will only increase the loss. stay focused on the mistakes you made and slowly fix them.
- be patient in waiting for positions when to enter and exit trades. (not that every time you see the market means that you have to enter. Don't)

that's a bit of my experience in trading crypto.

To be honest, while working in this industry, I have gained quite a lot of experience. But the formula is quite simple - it is simply impossible to learn everything in advance. For this reason, you learn a lot already in the process of work.

Yes even though it's been years since I learn cryptocurrency I always learn new things everyday, and having a losses is not avoidable, no matter how hard we try to manage our assets, analyze the chart and take some risk, we cannot predict what will be the future. Cryptocurrency is very volatile so in every situation I need to have a plan B for myself to avoid too much losses like what I experienced last 2018.

I actually cry when i experience some losses in trading. I can't sleep peacefully because i wanted to gain and trade more but things are not that easy in trading. I need to keep calm and be patient and learn how to trade correctly. It is true that you cannot predict what will be the next journey of the coin but you can manage to keep calm.

You mean real cry or you just being sarcastic, I know trading can be dramatic sometime and most times we have bad feelings when we lose in trading but again, we must come to a point where losses in trading give us the same excitement as gaining. If we have that type of mindset losing will have less pain for us since we know losses and gains are part of trading you can't gain all the time.

Losing in trading or any investment is inevitable thats why you should really be preparing yourself into such particular situation so that at least you wont really be freaking out whenever you do encounter these times.

Its up to someone on how they would gonna handle their emotions and made out appropriate actions on times like this.I know it wont be simple but this is the only way for you to be able to handle the situation.

Its really hard not to react or make yourself happy whenever you do suffer loss.It cant be avoided on having that common reaction.

New traders or old traders always encounter losses. There is no permanent position in trading. The price of bitcoin and altcoins is not permanent. So therefore, it is normal to gain and to get some losses. But, what most important is, you are getting some techniques from what you've already experience from your previous Trading experiences.

Yes, knowledge and experience are the best one you could get when trading it is important that you learn them as early as possible. The market won't be like a milking machine that you think anytime you could get what you want since all of them are traders just like you. Of course, when trading there's always a winning and losing part but the most important one is if you keep track of your winnings. Make sure that you have a high percentage of winning compared to losing.

But at least you have to minimize the loss so that it doesn't become a big loss. All traders can indeed experience losses, but the profits obtained must also be greater than the losses that have been experienced. Experience is indeed the best teacher to be able to learn better. Master the technical analysis and fundamentals, then the trade will go well and understand what to do. Never trade without having the knowledge, it will just be a waste of money.

If you're taking it seriously, your losses will be one factor in learning the better things in trading. You do remember that it's not always winning and losing.
You're right that every position that we do is not permanent. You could be down by today and dwelling in losses but eventually, you're just learning the harder way.

During my work, although it is quite small for me, I already have enough experience. The market changes so often that getting used to one thing is quite difficult.

Learning is only done if you check "why" you lost as well. Just losing doesn't mean that you will get better, if you do not look why you lost and what was your mistake then you are not going to be making anything back. However, if you are going to end up making some examples out of it and you are going to end up with a better understanding of what is wrong and what is right then you are going to end up with a profit for sure.

This is the thing about crypto and trading, if you are working on it even if you earn, then you are going to get better, even after 10 years you still need to study and learn, that would be the way to get better in the long run and stay good forever.

That makes sense. If you don't know where the mistake came from, you won't know the lesson why you lost such trade. So yes, it is better to understand why you incurred your losses and what should be done next. Those lessons will be your tips the next time you trade. But of course, you can still make the same mistake as you may not know some other factors that are in play in that particular coin. But if you won't give up and use the knowledge and tricks that you've acquired, one day, you will use them unconsciously that will give you edge in your trading.

While gaining experience is good we must also remember and make sure to cash out the profits from time to time otherwise you just had good memories and no money in hand. There are times when I regret not selling my assets at the right time because I got too greedy and later the price dropped and I was never going to sell them for a loss at all when I knew I could have made some good money instead.

My crypto trading experience tells me that nothing is permanent and one shouldn't be emotionally attached to their assets because if you miss the peak there is no shame in selling them for lesser profits rather than waiting too long and left with no option but to close the trade for loss in the end.

But that's the basic point in trading: enter at a specific target and more importantly exit at a specific target. This means if you make a trade you already know the price you will close the trade, whether that's at profit or loss.

If you're just entering and hoping only for profit, you're in for a bad time.

Profits shouldn't be "time to time" but planned well in advance. And if trades don't go your way, then minimise losses.

It's called limit :)

One of my trading experience that I will never forget is greed. This had affected my trading faculty many times and had made me to lose a lots of money without me knowing. Trading is very interesting but sometimes we can make mistake or due to ignorance do the wrong thing that will make us have loses that are inevitable.

The experience I've gained in trading had made me to ask questions whether ever I'm doing things that I'm nit certain about. It is better to ask questions than to fall astray from the right track.

I completely agree with that point. Crypto trading and its dynamics are changing almost every day and it's not possible to decorate a strategy and play around with it for too long because the market is changing quickly and it's about time you need to make changes or you will start losing money instead of earning it.

A few years back it was all about the brand new ICOs and now it's about meme coins while in the future I can see the market shifting more towards the problem-solving blockchains and projects. So, you have to adapt quickly based on where the market is shifting because no matter how good your strategy or investment is, if others are not buying the token you hold, you will lose money eventually.

If we discuss forex trading in the cryptocurrency market, you will notice that there are some things for training, there are many similarities with them, but here is the experience of forex trading. But yes, there are old people here, especially those who are stingy, but whenever they want to get into stingy training, they make it easy for them.  Be able to learn

Exactly my point, it is literally almost impossible for any successful trader to go on straight  successive trades without losses. There is bound to be lots of losses and as a matter of fact, losses are what makes trade what it is, so it is very normal, very natural and acceptable to experience down times in trade but what is not acceptable is having losses greater than your profits, it exactly means there’s something wrong about the trade which you are not applying or doing right.

Successive wins or simply no losses do only happen in dreams which cant really be possible once you are in reality.Even professional traders or veteran ones do really experiences losses which is something inevitable.

The thing on here is that people should really make use of their skills and knowledge on lessening out the odds of losing and that what matter the most because perfect trades doesnt exist.

Experience would be similar into each other and success will vary on how you do make decisions and analysis on it.

Well, that seems natural as no matter hard we do, still can't be perfect and that was because of the market volatility. It was, therefore, before taking trading we've been aware of and expecting such a possible scenario rather than being surprised.

Just one of my friends told me yesterday that he bought Luna a month ago, he holds it thinking that it rises more but what a surprise it abruptly changes the trend and turns back to almost nothing. Now, it was to realize that there is no such PERFECT word that exists in trading, sometimes I think about LUCK.

Managing emotions and accepting every risk that comes. That's very important. The last time emotions arose was during the incident that befell TERRA LUNA. It was the biggest risk I've ever had. Unexpectedly, after I added TERRA LUNA's crypto portfolio, it wasn't long before everything fell apart.

In trading, making purchases according to ability and based on the desired target to be achieved will be able to make us balance between emotions and risk.

When seeing Terra Luna drop drastically, everyone who has the coins must feel the same way,
I think at that time it was difficult to control emotions and that was normal because no one expected something like that to happen to Terra Luna,
I agree with you and before taking a risk we need to know how big the risk is and it is important to consider everything

A well-thought-out plan and a clear target can be a strategy that will make us ready to take risks.
It's a cycle that will occur at any time in trading activities and the events that happened to Terra Luna can be used as a valuable lesson that unexpected things can happen. For me, only Bitcoin, Ethereum and Binance Coin have lower risk than other cryptos.

I think that now experience generally plays one of the key roles. It should be understood that most often traders make decisions based on experience, and this is important to understand.

Cryptocurrencies trading has changed alot these. It is not what it used to be when the industry started. Since the institutional traders came in many things have changed. The volume of trade, Liquidity and other factors no longer coloration easily.
Trading strategies used by bots are faulted every now and then. So, the market is more riskier and more profitable to the big hands but more riskier and less profitable to the weak hands.

Crypto trading is really a challenging journey. The valuable experience that I've learned through the years is to deal with the ups and downs of the market and to take advantage of every situation instead of fearing it. Also, I have learned to be more patient and had the right mindset in reaching my goals here. Accepting the fact that there are trades that don't succeed and being skeptical in choosing coins and projects. We couldn't realize things like these if we didn't experience failures and losses in trading which is actually a part of our journey.

I've had a lot of experience in crypto trading, but with the recent market downturn, I've had a significant setback in my career. Then I realize that there are losses in cryptocurrency trading. I'll never quit up trading since I know it will pay off one day.

My personal experience has not been easy and filled with a lot of ups and downs that have limited me in one way or the other, but in all, I have learned along the way. And this experience has helped me make a better trading decision.

All of us did experience this one and its an inevitable stuff which you could really get along the way because someone wont really be ending up on learning if they wont experience something.Yes, this wont really be that

avoidable or something that inevitable for someone to engage or encounter on but somehow with these kind of hardships and challenges then it would really be molding you into a better trader because we know

that mistakes are the best teacher thats why its really just right that you would really be making yourself learn out of those rather than minding of stressing out yourself that much.