Bitcoin Forum

I am here to bring this to the notice of everyone of us here or out there incase if you didn't know,that failure is never  final.

We all are here into Bitcoin talk and we have had a lot of discussion here and we learn from each other because no one is perfect,you might have come across someone's topic or post about his or her experience in trading or investments.

When it comes to trading, it is something that deals with wisdom ,experience and an expert in prediction,but in all of this it still not a garantee that you will never fail ,you will definitely fail one day,but that shouldn't stop you from trying again, because failure is never final.

Prediction can sometimes favor you or fail you, because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.

Trading is more a game of skill than just luck if you like to describe it in the sense of a game. People who master this skill become better over time; their win rates improve with consistency and practice.

If you think of trading as a game of luck, you would never really put in the effort to develop the skill required to be successful in that field.

Yes, there are no champions forever, but skilled people are always leading in every aspect because they have experience and have more knowledge about it. Bitcoin and crypto trading require a lot of experience and luck, but it is always easy for people that are very skilled and experienced, and their predictions are favorable most times due to their experience and frequent trading. Nevertheless, they can’t keep winning anytime; they will also lose, but I think their losses will be minimal because they don’t trade like newbies, and they don’t trade all coins; they only trade with their trusted analysis. That is why they always have minimal losses in their trades.

The cryptocurrency trading space is a game of skill + luck just like gambling on some games like poker games have elements of skills and luck, as far as cryptocurrency is concerned, trading it requires alot of skills knowledge a dn experience coupled with alot of patients to wait for the market to go your way, having done all of that and we know that cryptocurrency market is unpredictable, we then have to wait and expect our luck to play out based on our speculations.

It is more than a game of skills but it is a game of skills and traits. Your personal traits decide what you do, how you do it and even you learned well about trading, knew of good skills for trading but in your trading practice, you can fail by your bad personal traits. For example, if you understand trading well and apply a good trading strategy but if you lack of discipline, patience for your trading actions, you will fail and lose money in trading.

It is not because you are unknowledgeable but you don't have necessary personal traits for trading success.

Yes, you're right. Everyone experiences failure in trading, even successful traders. Therefore, we must be wise in our approach, learn from our mistakes, and improve our trading analysis. This can also be learned through the experiences of others. Learning from the experiences and mistakes of others will help us improve our improvisation, especially if we are beginners. However, errors in predictions can still occur, but these things can minimize our chances of making mistakes. However, it's best not to give up easily when you encounter mistakes; keep trying and learn over time, we must realize that learning from personal experience and the experiences of others is a wise thing in trading. As for motivation, we should also prioritize personal experience to become more mature in determining our trading stance. This includes being wise in controlling emotions, managing portfolios, and setting time limits. These should be based on personal experience for deeper understanding.

In trading losses are bound to happen repeatedly even to new traders and experience traders, but I think failure is final for some persons because trading is not even meant for them and no matter how they try, it will always end up in failure. The reason why I made the decision not to join trading is because I have already examine the whole process and I can't handle it and I also took the advice of some ex-traders that quit and are now advising their followers to start holding instead of trading.

Lol, trading isn't a game first of all, saying this means that you don't understand what trading is all about and you are mistaken it for gambling...Even though they both involve taking risks the results achieved from both are not the same in the long run...To explain why trading isn't a game ot gamble let's use coin toss and chess as an example...when you toss a coin, you have no control over that outcome, that's what gambling is like but In the game of chess your mental effort, skills and calculations increases your chances of winning, now this is what trading is all about..it's based on skills

Even if failure cannot be overcome as a trader, you shouldn’t be expecting it or anticipating for it, just make sure that you try as much as possible to avoid it. They will come but if you’re able to manage how they come, they won’t come to you fatally but will be minimal. Failure is a chance to try again, so learn from it and outgrow it.


Prediction is part of the speculative game of trading, but to minimize your risk of losing, you should work on yourself to be more technically sound and predict the outcome of a trade base on your technical analysis result. No one is a champion, but with a good technical approach, you’ll reduce the chances of failure and increase the chances of wining.

Following the rules is just as important as a trader's personal qualities. And if the trader is disciplined, emotionally stable and shows patience, then the absence of risk management will reset the profit.

Trading needs focus and consistent looking at the screen, and I tell people that if you can't sit for long hours analysing charts, getting sure of your predictions wouldn't be easy as there would even be doubt in oneself.

You feel you are highly favored if trying it for the first time and getting it bigger while thinking that's how it is, consistency will really change the narrative.

In every success you aim, in every goal you target, there’s always an inevitable failure before you hit your goal of success. That only means that once you fail, it creates more motivation for you to improve more, develop more and enhance more of what you have been currently doing. Failure is never the end, but it is just the start of the path towards your success in trading or investing.

When you fail from trading, know that quitting or giving up is not the best solution. But instead, develop your trading knowledge and skills, master your strategies, so that you can start minimizing from your trading failure and maximize your trading potentials and future profits.

While trading is a game of speculation and luck, but luck alone does not make you a good and successful trader. You need more knowledge, enhanced more of your skills, and create highly reliable strategies that will bring success to your trades.

While gambling is pure luck-based, but trading alone is more on skills and strategies mastery. If you fail on them, luck alone will not lead you to a successful trade.

Failure means that you made an attempt without putting in effort to do a particular thing and if you are consistent with it you'd definitely succeed, this doesn't just concern trading but in every area of life. Trading is not a gamble of luck, you are not totally uncertain of the market, this is what makes it different from gambling. Luck doesn't exist I'm trading , you are simply going to get the results of your hard work and skills

Seeing you in failure does not make you less of a person, but it only goes to say that your time and efforts being put to it aren’t enough. You need to exert more time and efforts, more practice and exposure on the market, and more trading experiences that will make you feel failure at times, and some time of success.

Failure is just the beginning, as it’s just your stepping stone, at least you are starting to take a leap. And in no time, those mistakes and failures will turn into hope and success that every trader dreams of.

Even those who are professionals and have been trading for years, with the profits earned, cannot avoid losses. But what differentiates them is that those who are more experienced can minimize the risks of the losses they experience.
Losses can happen to anyone. Even though we have made profits in several trades consecutively, we must still be careful and prepare for the next trade as best as we can. Sometimes we take something for granted when we have started getting used to doing it.

Failure will not be the end. Yes, that is right especially those who can learn from their mistake. When it comes to trading, if you can learn more details about trading, you will find your mistake and fix it in the next trade. You know trading is not easy so you will improve your skill in analyzing and try trading again. You have much time to learn and trade so you don't need to worry if you are late.

The crypto market will still move so that will be your chance to enter the market and make a profit. If your analysis is good, you will find the entry and exit times. So no need to worry if you fail today because you have a next chance in the next days.

Every trader will definitely experience losses. There are no traders who can truly ensure that they will always make a profit in their trading activities. Even professionals feel the loss. Even those who open trading channels sometimes do not share accurate signals.
If we are currently profitable, we must manage it well. Similarly, when our trades are losing, we must be able to accept and manage them for the next trading.

We would keep making mistakes from the market and in as much as we are determined to struggle and learn more from the market so we can get fortune for our strategies to keep turning money to us, the sky will be our limit. There are so many traders that easily give up the market because they had made so many mistakes with the believe that they would never make anything tangible from the crypto market.
There is a lot of money to be made from the crypto market if we are prepared and ready to keep learning to reach a level where we will be good at what we do. There are so many opportunities in the crypto market and until we utilize those opportunities and turn them to money.

Failure is something every trader will face at one point or another, no matter how skilled or experienced mistakes and wrong predictions are bound to happen, the real difference lies in how those failures are handled, some people give up completely while others treat them as lessons to grow stronger. Trading requires more than just technical knowledge it demands emotional control patience and discipline, because even a solid strategy can fail if fear or greed takes over, that’s why managing emotions and staying consistent are as important as the charts themselves. Learning from personal mistakes and also from the experiences of others helps reduce repeated errors over time, but it’s important to remember that no one becomes a champion forever, the market will always test traders in new ways and adaptation is necessary. Failure only becomes final when someone quits, as long as lessons are drawn from setbacks every failure becomes a step toward maturity and long term success in trading. Another thing to remember is that losses are not always signs of weakness, sometimes they are the price of learning new patterns or testing strategies that may work better in the future, in fact some of the most successful traders today have a long history of losing before they refined their methods. Trading is not a sprint it is a marathon, it’s about surviving the ups and downs protecting your capital and slowly building consistency over time, if one treats every mistake as tuition to the school of trading the knowledge gained will eventually outweigh the costs. Success in trading is not defined by never failing, it is defined by how many times you rise after falling and how much wisdom you carry into the next move.

Trading can't be predicted, and making a profit is not guaranteed at all times; losses will always occur. But even with all this, it is very important to learn trading very well because even if you lose as a trader, you can also make a profit in the next trade.

 For those who know what they are doing, at least they understand trading; even if there is a loss, it doesn't make one want to quit. However, I think a trader who is still getting the same results in trading over a long time should start all over to gain better knowledge. If one is not willing to start all over, it is better to quit trading because it makes no sense to waste money without any better results.

In all life’s endeavors, once a person commits failure, that’s only a sign that he needs to grow and improve more so that success will be achieved later on. Trading is not an exception. There are more mistakes and losses at the beginning, but that won’t never tell us that trading is not meant for us, but rather failures are good motivation to keep us going and moving forward, to keep us learning something new that will bring new hopes and success the next time we trade.

Failure is never final, that’s why if you end up quitting when you experience failure, that will only make you a loser.  Since a winner never quits, and a quitter never wins.

One thing for sure in trading is that, anyone can become an expert trader's if their are consistent with their trading activities and the best waynto achieve that is by trying to build a limit operation on such a way that one can trade ling with minimum amount of money that he can bear to lose and learn along the way.

Some gamblers have made few statements about gambling that get me laughing  some times, you hear them saying that one week of expert trading is equals to life time trading lessons.

Trading can have that luck in order for a trader to win some trades. But it's not the same as gambling that you'll factor that out as the biggest one with your trades. Predictions are mere predictions without further analysis and this is where many of the traders are doing it wrongly. They think that having some good guess is already enough but it's not. That's why if we're not perfect on it, we can do something better to help ourselves and improve like learning how to TA/FA.

I can agree with you on this one, that trading is more of skill plus luck, but I disagree with you in the case of gambling, because gambling is not all about skill, not all gambling game require  skill only few, but majority of the gambling games out there is base on luck. See if you don't take your time to study trading very well in other to acquire the skill of trading there is no way you can be able to trade talk more of Calling yourself a trader because trading requires more knowledge and experience before you can good in it, but in gambling it's different you don't need any skill to gamble, just know the features and you're good to go.

I will appreciate it more if you are not putting it at the forefront that trading is a game of luck.  We are talking about a skill set, one in which institutions relay on to make money, government of nations get involved in it and even international bodies have their assets invested in it and you tell me these caliber of people will allow luck decide their fate? I refuse to agree with that school of taught and yes trading is not just a game.

If you will come up with this at retail levels, I will like make some compromise to see a point with you about luck but you should understand that if it is to be luck dependent then even retailers at some point will quit, not find it healthy and never want to acquire it as a skill since it's luck dependent.  The fact that some days you make all of your analysis right and apply your strategy correctly and still loose money doesn't make it a luck based thing it's only part of the game and that is why even the best at several skill get days they make mistakes applying the exact same thing they have been doing over the years. Trading is a skill and loosing or failing is part of the process to master this skill it's not that you were unlucky neither is it a luck based skill.

Failure is one factor that boost the growth of someone, having failed several times is not the end of the world but it's a way one can be encouraged to do better and step up their game. People fail in trading cause they have decided to follow through the same patterns instead of applying a new strategy in another pattern cause everything is opened to change.

One thing must be clear to anyone entering trading and that is it's a risky stuff. The start of trading is not easy as one has to face loses and that's why it's important you don't start trading with everything you have rather start with minimum capital. Moreover trading is not for everyone and sooner you realise that you are not fit for trading better it is for you. It takes time to become an experienced traders and their are cases where even experienced traders find it difficult to handle trading.   

This is pure knowledge because the results you get from trading is way profitable than that of gambling, so they they are not really similar. The only thing that is common between them is risk taking. Trading is never about luck, you only think that way if you are trading with that mindset of a gambler. The crypto market is unpredictable sometimes but you can make more profit from it when you have the right informations

You are definitely right with all that you have said and you advice is very good, trading is not as easy as It seems to be when we hear the word alone, I remember back then when I was still very new to the internet, I first learnt about forex trading and I tried to find out what it was and how money can be made from it, someone casually explained it to me and I felt I had just discovered a goldmine as I felt it was easy to make money from this, so I hurried raised money to buy my first laptop computer which I intended using for trading, not until I go into trading proper, then and only then did I realize that indeed, the word "trading" is very deceiving.

But all the same, as traders who have choosen this field to make money, it is important we make it a personal goal to strive for mastery, even if achieving such is close to being impossible, we can not fold our hands and accept whatever comes and goes, and those who are actually serious about achieving great things from trading will surely face alot of challenges, but many of us know that what ever is said to be good and doesn't come with some level of challenges, then that thing is not as good as we may think it is.

Experience can be the most valuable teacher, failure is not the end of everything because you can learn more real and memorable lessons than theory or other learning after experiencing failure. Quitting after experiencing failure is a step back that someone has ever taken because behind failure there is experience that can help develop the skills and abilities needed in trading behavior.
Bitcoin trading isn't always smooth sailing, there are always turning points that can make traders nervous due to the constant fluctuations. The skills and knowledge gained after failure can help traders better understand the concepts and theories in trading.

We all know that trading involves risk so experience is needed along with luck in trading. It is true that going through failure increases our mental strength it improves our trading behavior risk management and decision making ability many traders give up when they fail but as you said failure is never final. Because after failure there is an opportunity to acquire new skills these are equally applicable not only in trading but in any field of life. It teaches us that we should move forward without giving importance to success and without being afraid of failure.

Failure is just a test you must experience to be promoted to a high level that will make you to be proud of yourself, many traders have given up easily, just because they begin to see themselves as a failure and there is no way they can get it right in the future to become a better trader that will succeed or make it from trading, those are some of the thoughts that will be coming into your mind just to discourage you not to have confidence or faith toward your trading, all you need to do at that moment as a trader that failed is to start asking talented traders questions to know the type of strategy you will switch to not to experience lost again than to experience winning from trading.

Final is when we completely stop that activity. However, if we often incur losses in trading, it is also necessary to evaluate whether trading is not suitable for us. When choosing to stop, it is not out of giving up, but there are other things that can be done to earn money as well, not just trading as the only way to make money.

Yes failure is never final, it's actually the key for improvement and learning. That's true but consistency can make you profitable in trading, as you can see some strategies success rate is 40%-60% and you can utilize the leverage in order to have a better profit in your position, so even if you managed to lose around 3-4x consecutive you'll be able to recover using leverage with the 40%-60% success rate of your trading strategy. I lose a lot of times before because I used the leverage the wrong way, and that experience taught me the importance of discipline and risk control.

I never think trading depends on the fate. On the contrary, if you are not good and not lost in patience. Because to trade, the first need for knowledge needs skills and requires a lot of practice. It is true that anyone thinks trading is being done and gambling. And sometimes it depends on the fate but if a skilled is analyzed. Then it is not difficult to trade in him.  Moreover, it is likely to be almost all successful
 when trade. Sometimes failure can be because the market situation is never the same. And sometimes the market wanders randomly. Yes, we do not lose all of us and hard work.

Yes, that's for sure failure in trading is very difficult to avoid and it is part of the journey or experience of every trader. When traders experience failure, they are often driven to seek new solutions, flexibility and readiness to implement different strategies and sometimes failure often teaches us the importance of good risk management. Traders who are able to adapt to changing market conditions and adjust their risk management strategies based on previous experience tend to be more successful in the long run.

I agree with you on this point, I also pointed out this exact thing. If trading was based on luck then there would not be any need to run academy's or master classes on how to trade or become better at trading. Trading works with skills and it doesn't require luck to succeed. Traders that hope to get lucky are not professionals. This is actually a gamblers mentality and it attracts losses a lot losses in the long run

So it turns out that these "wisdom ,experience and an expert in prediction" skills are nothing compared to the influence of luck, right? Which means that all trading is based on luck alone. In my opinion, exactly the same as gambling.

That is, no matter how perfectly your "wisdom ,experience and an expert in prediction" skills are "configured", one day you will still make a mistake with your prediction? This is another confirmation of the "worthlessness" of all these skills, which also confirms the "power" of luck.

So it's not about prediction at all, but about luck.

Like in gambling. I already mentioned it above.

Maybe because forecasting is a myth? That is, an ineffective and inoperative "tool" in trading?

There’s always that mix between luck and skill in trading but the weight definitely leans toward skill and discipline luck might give you a good entry once or twice but without proper risk management knowledge of market structure and emotional control you’ll end up giving it all back.

When you look at people who’ve been trading for years and are still consistent that’s not luck keeping them afloat it’s experience strategy and patience they know when to sit out and when to press forward gamblers hope for one big hit but traders build a process that can stand the test of time.

If it was just luck like a lottery there wouldn’t be patterns strategies or backtested systems that keep working across cycles and conditions skill doesn’t guarantee a win every trade but it guarantees survival and growth over the long run and that’s what separates trading from gambling.

A good trader makes more tp hit trades but it does not mean their trades don't hit stop loss. Some of their trades hit stop loss and they have to bear it because in their next trades or the previous ones, they must have made enough profit that could cover their losses and still give them enough.

This is the game and you are right about the luck bro but trading is not all about luck we have to do a very hard work of analyzing the chart and understanding everything so we can be confident on our trade and could stick with it. There is no guarantee in crypto, any trade planning on making a profit from a trade can hit a stop loss because the market doesn't care about your setup.

Failure should be seen as a booster to want to make you seek for insights and diversification into more about trading. Trading is not guaranteed to give you 100% return on investment, I mean you can’t win all of your trades without encountering any loss, it is very impossible and you’ll have to embrace the spirit of failure as been part of your gambling journey. They shouldn’t break you down, they shouldn’t want to make you give up suddenly but they should encourage you that you can still try again and win the next trade.

Seeing trading as a game of luck also may not be deniable, but it only works when you’re not a better trader and want to be here to make quick gains. Your predictions can go your way and you’ll be said to be lucky but if it doesn’t, you’re already a gambler. As a predictor in trading, you can’t stay long to remain a trader, you’ll leave and give up sooner than anyone because the game of luck won’t favour you for too long.

I don't think trading is a game of luck, trading isn't gambling that's more about being lucky. With trading, you're the one that's going to give yourself the circumstances to be lucky by being intensive in your researching. With your constant reading of the market, you can make the best decisions that'll favour you. You'll have to be good at reading the market and understanding how to enter the market at the right time and exist the market at the right time too to make profits from the market and to do all this, it isn't about being lucky but your timing of the market is the vital key. There's going to be trials and errors but with time you can become good at timing the market and always making a profit.

I think it was Rafael Nadal, or some other tennis player, I don't remember who it was. That talked about how he won just barely 50% of the hands he played, which means, even the greatest ones got a little over half of the points he played all his career, and won so many cups.

That also means, he lost just a bit under half of his points, so he loses all the time and constantly, points of course not games, he did lose a lot of games too.

So you can't have full wins, all the time, that makes no sense and nobody can do that. If you are that level at trading, then you should be fine, and you can make some profit.

It would not be simple, and it would not be that bad, but it can happen and we are going to end up wit ha good return.

In trading, failure is indeed a problem we can never avoid, but how can that failure become a catalyst for change after so many failures? Of course, it's not as easy as it seems because talking about failure in trading plays a psychological role, especially when talking about the amount of money we've lost. But this is where emotional control lies for someone who wants to achieve success in trading, because every failure must be a prerequisite for achieving success. I disagree with saying trading is a game of luck, because it requires knowledge to get started, and talking about luck is akin to gambling. In context, you won't always profit in trading, but how to maintain opportunities to continue in a situation that is not detrimental even though you also lose occasionally.

It is certainly true that failure is never the end, but success can be achieved from failure. When you run for success in a place, if you face failure there, you do give up or try again later, maybe you will succeed. If you fail once, you should see it several times, failure can be a challenge, so you should not stop overcoming this challenge and see success. If it happens in trading that you face failure, then you must stop for a short time. Later, you have to gain skills, have good knowledge about the market, later you can get involved in the trading business, you will not face failure. You must have maximum experience in trading, although most of the time people face failure due to market instability, it is best not to give up and be patient. I bought some coins in trading for a long time, but I did not succeed there, but I am still facing failure, besides, I held them patiently in the hope that maybe my loss may be compensated in the future.

What we must realize from the outset when trading is that we must recognize that profit and loss will always go hand in hand; we cannot eliminate either one. But can we minimize losses? Of course, we can minimize losses by improving our knowledge and skills. But can we avoid losses when we become highly skilled? The answer is no.

Even professional traders still experience losses, but the difference is that they can remain calm when they experience them. Furthermore, they can quickly regain profits because of their experience.

That's a right message, failure is never final. In 2016-2017, I had a few Bitcoins but I exchanged them into USD because my parents suggested me to do that and since I was a kid, I followed their advice, I thought that they knew more than me. Then the price went up high and I realized what a big mistake I made. Since 2018, I decided to hold as much Bitcoins as possible and waited for the next halving. After the next halving in 2020, I experienced a significant profit because Bitcoin went too high and I was extremely happy. Then I decided to start trading, made a few trades, made some good profits, very easy money. Then I got into futures and made even more money but the bull market comes with price correction, so I made some mistakes here but luckily, I gained back all that I lost. Btw there was one very unlucky day that completely ruined everything for me. I was trading for days and nights in a row and one night I opened short position on futures on qbit coin but I didn't see that my leverage was 20x, so I fell asleep and I got liquidated. Since that day, I was extremely depressed for many months, I thought that life ended for me but I was strong, I decided to finally settle down and follow the long-term plan instead of daily trading and since 2022, I trade few times a year, only when I think that it's the best moment to buy or sell. I improved my patience and with this strategy, I've made 20%, 50% and 100% profit multiple times since 2022 to this day. So, the message is clear, failure is never final if you learn from your mistakes.

If you liken trading to game of luck then it is no different than gambling because gambling wins depends very much on luck but trading requires learning the skills and the better you become the higher chances for you to make profit from it. Although we cannot totally remove luck from trading because traders are predicting what can happen in the future which is not certain. But if you understand technical analysis and fundamental analysis it will be easier to predict and make profit, so trading is not something that anybody can rush into. If you have the patience to endure and learn how to trade you will understand that the delay is not denial and failures along the way doesn't define you.

Crypto trading is prediction I agree with you, but the way you are putting your statement makes it looks like betting or gambling because you said it is a game of luck which means you are not sure of what you trading and you don’t trust your analysis that is why you called it a game of luck.

Experience traders do lose money, but they are always certain of their analysis which do usually becomes profitable because they do take their time to analyze the market and also make sure the apply all the necessary steps to minimize risk before they go into trading, and they hardly lose woefully like newbie traders that just go into trading without any knowledge; they are the main gamblers because they are just trading for luck.

Just for context, trading is a game of skill, and not a game of luck. Don't look at trading the same as gambling is where you need luck in order to make money. In trading, that isn't the case. What you need is a working strategy, and some skills that will help you make money.

I've seen traders stopping from trading not because they're losing consecutive times, but because they don't have the money anymore to continue, and they felt that it's their time to stop. I don't always say this when it comes to trading because I myself lots hundred of dollars already, but if you feel that trading isn't for you then by all means, stop. If you're losing money on trading and you feel that you aren't improving at all, better to just stop, and focus more on just buy and hold.

Failure is never final "SOMETIMES", but there are also times where experiencing failure is a "SIGN" that you really need to stop doing it or you will lose even more money.

Trading needs patience and luck. Observing the market for some time before you start dipping in it is how the approch should be.

We dont need champions in trading, rather you should be able to sustain trading for some time and you will manage to get recurring profits. This cycling of money is important in trading between high sells and then low buys, which needs patience.

Dont consider a bad time as failure, it is a phase that will pass once you get a geip.

In trading, there is nothing like failure unless you stop trading. If you call losses failure, then it is not trading you are talking about because losses are important part of the business which must happen to make us remain disciplined and not proud and it also help us see the need for continuous improvement of our trading skills. If you see trading from this direction, you will openly embrace losses and do your best to mitigate them, which is the wise thing to do since they can never be eliminated in trading.

Exactly you are right, Anything that can not be  unpredictable sometimes will always make people failed. Trading is risk and we need to know that trading is 50/50 we lose or we gains, we don't have guarantee of wining in it because is always unpredictable and we can lose anytime the market is bad. Anyone is losing in trading even you are the professional you most lose no matter want, so anyone that says he win always without even loses some times, i think he just deceiving you and trying to bring you into the trading system. We can't call trading a game because is different from gambling but some think they are same.

Anything that we call game is usually a lucky thing and have is own risk management. But trading is hugh different and higher risk, without getting full knowledge and experience about it he can make you lose alot of money in a minute, before trading can be lucky to you definitely you have understood it very well and have more experience. If you don't understand trading he can never be lucky to you. But gambling even you don't understand many things on it you can predict and later you can probably win without stress, but trading you need to focus very well and understand the market very well and know with types of strategies you will used and probably profitable when the market is in your favour at that moment.

Unless it breaks your bank and you bankrupt. I mean there is a limit to it, someone who makes a grand a month, should not be losing 150k grand, no idea how he even got that much, but as an example, he wouldn't be able to pay that back as a debt. These days many nations have high rates, so it would be a silly move to just make that work.

So yes, failure is not final, and yes you can get better, but you should also make sure that you are careful, don't just trade it all away. If you do that, then you may end up hurting your economy so badly that it may not be possible for you to recover from that without bankrupting, and when you do that then you are going to be forced to pay that back, like seizing your house or whatever. Be careful.

What we need to know before becoming a trader/investor in the crypto world is that it's full of uncertainty. So it's true that failure will always occur. However, failure can be minimized by learning from mistakes and experiences to continuously become a better trader.

Because indeed no trader in the world can consistently generate profits every time they trade. In the world of trading or investing, the concept of trading not being a game of wits sometimes applies. Many traders lose not because of faulty analysis, but because they can't control their emotions. What I mean by healthy trading isn't being without emotions, but rather having a system that prevents emotions from overriding decisions.

It is easier said in theory than done in practice. Anyone can tell a trader never to give up but don't know the loads of emotions they carry when they keep failing and are in a crossroad trying to decide if they should give up or remain patient.

My advice to any committed trader is that he should have other sources of income so he will not be relying on the profits from his trade. It can really get tough some times. Newbies who are intending to start up a career in trading should learn from this as well.

It’s actually a combination of skill and luck, you don’t just trade proving your knowledge and skills, but somehow you also have to attract the market so that it will favor your trades, and that comes with luck. But most of all, trading with experience will always lead you to an edge and make you successful trader in the long run despite of how risky and uncertain the trading market is.

You fail, you commit mistakes and eventually you lose, and that’s part of trading. No successful and profitable trader has never experienced some barriers, but at least he/she should learn to overcome from all of these.

Trading never depends on luck it depends on skill. Because the more you gain knowledge about trading patterns and when you become an expert in trading then you will be able to make a precise prediction by analyzing in different ways which will definitely bring you profit. Normally a person can make profit by holding for a long time. But trading is a short term investment from which profit can be generated within a short time. And many people like trading because they cannot bear the patience of holding for a long time.

That's why a trader must be disciplined in carrying out their activities so that they can control both losses and profits and be able to make adjustments. Often, many traders achieve consecutive profits, but a single loss wipes out all their capital and previous profits. This is based on incorrect trading techniques, and generally, they don't use stop-loss in their trading activities. In fact, I myself have experienced eight consecutive profitable trades, only to experience a single loss, which wiped out everything. Skilled or not, no one can avoid losses because trading carries significant risks, even if the trader is professional and highly knowledgeable.

While that is true we have to make sure we know what we are doing.
We should keep trying different strategies and keep improvising and that is how we learn.
On the other hand, at some point of time, we must acknowledge the fact trading is not that easy.
If we just keep losing money while trading then probably trading is not meant for us.
It is better to hold the coins instead.

you are very correct, In Trading failure is surely never the end in fact it is like the beginning of the journey to greatness. because truly no matter how smart or experienced you feel you are!! you will still face losses at some point...I think what matters most is how you react to it!! do you quit or do you pick yourself up and keep going more like taking the emotional pain with pride!! for me, i just take failure as part of the process and try to learn new strategies in order to better myself. because i believe that every mistake i make teaches me something new and that’s what helps me improve little by little... Nobody wins all the time! but i believe the real difference comes when you turn those failures into lessons instead of letting them stop you!! at the end of the day,, trading is all about patience, discpline & always learning. If you can keep those in mind, failure wont be final!! it will just be another step forward in the right direction..

There are also those who can make a profit, but their previous losses are also substantial, and those profits aren't enough to cover the losses they've already incurred. This can cause problems, because when they lose, they might start thinking about how to recoup their previous losses.

And if that happens, their trading will be heavily influenced by emotions because their ambitions are too high, while we know the market is highly volatile. Instead of trading, they might become like gambling.

Failure is never final for me means that mistakes are bound to happens and we can even make the wrong decisions but that should make us to give up. I believe that there new opportunities everyday despite our failures. In these two extremes that is, failures and opportunities lies the lessons that must learned, discipline that must be built up and skills to developed for a definite and powerful comeback.

Trading is not just about revenge when experiencing losses, but about how one can be more realistic. I mean, a trader who can survive in this industry is nothing more than someone who is disciplined and able to maintain money management. The fact is, most traders are unable to maintain this, so they continue to deposit every time they experience a loss in their trading activities. Emotionalism and the ambition to gain large profits with small capital in trading are wrong behaviors and are one of the reasons people lose more money.

Failure in trading is feedback not a finale, treat each loss as data about your edges your plan or your psychology and use it to tighten what you do next; keep a simple trade journal noting setup size reason and how you felt so patterns appear over time. Protect capital first and profits second, use position sizing stop rules and a max loss limit to force a break when emotion takes over, run small experiments test one change at a time and backtest or paper trade to separate chance from skill. Build routines that steady your mind—sleep well eat properly and take break because emotional resilience is made off the screen as much as on it, learn from others but adapt ideas to your temperament and keep final control of your money. Have a recovery plan for bad streaks, a checklist to follow when you feel shaken, and a slow return process after review, celebrate small improvements not only wins, because compounding learning beats chasing quick fixes and over time consistent discipline becomes your strongest edge. Maintain non trading income and an emergency fund so you never trade with desperation, diversify strategies and timeframes so one bad streak in a single approach doesnt wipe you out, keep learning through focused study not random tips, read research test ideas then move on, finally set clear goals and rules for when to scale up or scale down capital committed, celebrate small improvements in process not just big wins, and remember that compounding discipline and steady refinement of your process is the true edge that lasts.

Trader should come out of the idea that you only make profit from trading. In trading business profit and loss can be either. No matter how much knowledge a trader gains, he can lose at any time. Moreover, trading is a platform where after making several consecutive profits, the possibility of losing his entire profit and investment due to a single mistake.

In trading normally a trader takes the wrong decision due to excessive greed. Sometimes, he may panic sell and suffer losses. When a trader takes the right decision in these matters the possibility of such mistakes will be reduced. Another important thing in trading is money management. Those who are able to give importance to money management in any situation will be benefited.

Welcome to the community! seems most of us here came from being a newbie like theres a lot of regrets, mistakes and miss out chance and oppportunity in crypto space well its normal because through out time we learn something new lessons to discover and to learn so through out your journey or progress you will discover something, failure is part of the success theres no person engage with a success already in life they face a lot of challenges to reach what they have right now and also its just the capital do you have its the mental and emotional strength of the trader or investor to hold and to success so progress still in crypto space. Part of it and embrace.

Yes, just because failure isn't the end, doesn't mean we have the ability to keep making the same mistakes over and over again, it would end in a terrible period. We are going to end up with a bad result if we are not careful and that is the trouble.

So, it would be "final" if we make a lot of the same mistakes then we are not going to get what we want, it is not going to happen and we are going to end up with a lot of bad results as well. This is why it should not be that complicated, it is what it is and we are going to deal with what we are forced to deal with. I get that it may not be that easy for some folks to come up with new ideas, but you have to realize, if you failed one way, then you should check for another way, doesn't mean stop, just find another way.

We would keep making mistakes which is why we are humans that are moving  to perfection.
We don't have to give up while struggling to acquire knowledge to become a better person while trying as much to achieve our goals. Every trader want to be profitable but some do not want to pass through the right path that will build them and create more sophisticated experiences that will make them a better trader with time. Successful in trading is not gotten in a day and we should endeavor to keep working hard to perfection.

Failure is inevitable, it’s something that we have less control of. No matter how good or efficient you are, especially  in trading where it’s a game of speculation, committing mistakes and losses are sometimes hard to prevent of. But with consistent practice and harnessing your knowledge and skills for a long-term success, you get used to navigate your trades gradually until you find yourself slowly taking progress.

Failure is never final, where mistakes and inaccuracy are still evident, you have to keep learning and growing in trading, until failure seems to lessen while you find yourself maximizing your own potentials in trading.

Such is true about failure, it's not final no matter how many times that we might fail. Let your failure beget you some experience as you endeavour with your trading knowledge. The knowledge we gather about trading is not only from the materials we read and the videos we watch that teaches on trading but also in the very failures we encounter during trading positions. Always walk yourself back to know why there was a failure than getting disappeared about it.

Where success has not met yet, then there’s always good reason to keep trying. We don’t want to settle on anything less, on a failure that we can’t justify, so as much as possible do not set limits on something wherein you know you still have a lot more to show, a lot more potentials to prove.

Failure is just a starting point, you don’t just end there, but you’re bound to cross that point and prove to yourself that failure is just part of the process, until you finally reach your goal of success.

Every trader experiences both profit and loss phases in their trading journey, as these losses and profits always go hand in hand. You'll even experience a rollercoaster of trading, alternating between losses and profits. Sometimes, we even enter a phase of deciding whether to continue or stop. But when we decide to continue, that's when the bright spot begins profitability and maturity (both technical and mental) begin to emerge.

Failures in trading are inevitable, but we evaluate them to improve our trading. This phase is usually quite long lasting years, and most traders give up at this point. Therefore trading is only suitable for those willing to spend years honing themselves to minimize losses or achieve more profits than losses.

Overambition and excessive emotion when trading often lead to a loss of control and patience in waiting for profits to come. From what I understand from what you're saying, perhaps this only often occurs in futures trading, not in spot trading, where all traders can still wait and be patient for prices to recover in the market. However, heightened ambition and emotion often cause traders to forget one important thing, besides staying consistent in trading: adequate trading technique and knowledge. This can at least help them take steps before experiencing losses due to overly emotional decisions.

Trading has a little bit of luck involved because we can't always predict the movement of that market accurately. But this doesn't mean that it's a huge percentage of luck because crypto is not gambling, it's more of knowing when to buy and sell which makes it more dependent on that information that you have about the decisions you are taking. Even though luck is needed it's just a small percentage of it

Failure is never final until you ran out of capital. That's why you manage your risks in trading, it will never be final unless you are running out of ammunition to get started with another trade. The people who went all in says otherwise though, they emptied their bank until they went ultra broke and call it final since there's nothing they can do anymore.

One sentence, never go all in.

That is so true, and people do not realize it. There are two types of people I do not agree with in the crypto world, one is the person who makes the same mistakes and they end up still doing the same thing without learning a lesson from it, so it's not that complicated, just learn from your mistakes and do better next time.

The other one is the people who stop when they make a mistake out of fear to keep repeating it. Don't? Just learn to be better and don't make the same mistakes then, it's learning and if we feared everything in life when we made one mistake, nobody would ever get good at anything at all. This is why we need to learn to be better, and not dwell on everything like it's such a big deal, we should be bale to get better results.

There are two things how to described failure is never final it depend to the people seeing it and the first one is if you never learn from your mistakes then failure will comes often to you so, you will gets another failure and it will be ended until you lost all of your money and the last one is the failure could be a gate to gets the better results because you were learn and analyze from your previous mistakes

There is a statement that failure is a pending of success which mean if people can learn from their failure they will be very close to being an success people and in trading world failure is valuable experience because from that we can learn the things we should be avoided to gets the better results from our trading journey but just noticed that trading is not belong to all people because when you always be failure without the winning then probably this world isn't for you

It's very obvious that when we start any new thing we do commit mistakes. When we start learning driving we do mistakes but these mistakes help us in mastering the driving skills. Likewise those who are new to trading will make mistakes in the start but that doesn't mean they will never become good trader. The trading mistakes in start help us in mastering the trading skills. Moreover it's also important that trading is full of risks and if you are not getting success despite continuous effort, just switch trading with long term investment. 

Trading is not a game of luck. The market can be analyzed very well and the position of a coin can be predicted well. The more time one spends here, the better skills one can gain. However, not many people can survive in the trading world for a long time by losing constantly. And those who survive are the successful traders. It is a logical statement that failure can never be final. And those who accept failure as final can never be successful. Training is a mind game and a lot of skill is required here to survive in the trading world and get successful better ROI.

Even if you do end up with no capital, which means you have done something very wrong, but lets assume that you have finished all your capital, even that doesn't mean anything bad.

Because we should all be making enough profit, and that's the most important art, if you do that, and keep getting a salary for example, then you can put some aside every month and then you will have some capital once again. That is how you improve, if you do that, then you are going to of course be in big profit.

But you should learn, second time around, not to lose so much that you run out of capital again. If you know what you are doing, you shouldn't lose that much, some bad trades are ok, but running out of capital means you trade badly.

I do think you are right about that. If we lose all our investment and capital we can still invest again. We just need to be more careful so we will not lose more of our capital.
There is alot of traders that does lose all of their capital. But for crypto investing there is alot of coins we can invest in. So if you don't run our of capital well then you can still make profit.
All traders do have to fail for some time. It is just how it is when you are a investor in crypto. But some of them do make alot of profit after failure.

True, failure is never final and just a beginning. In trading, even the best strategies can fail because no one can predict the market perfectly. What matters is learning from mistakes, staying disciplined, and not giving up when things don’t go your way. I often loses on trade before and thats normal as I maybe make some mistakes on the process but also able to make some good profits ofcourse learning from those I encountered problems and my experience.

That is only if we have more money. But if we invest because of greed and lose all of the capital, we can not start over. We will regret what we have done. Many people fail when trading but not many of them can search for their mistakes and fix it. Losing in trading can happen anytime but if we can know the mistake and fix it, we will have an experience and will not make the same mistake. So trading will need skills to analyze the market and only with learning more will help you to have better skills.

Trading really isnt luck its a craft that gets sharper with time patience and practice start with process not profits build a routine, premarket checks clear entry and exit rules position sizing and a post trade review habit when the process is steady the results follow risk management is everything use stop losses and size positions so a few losses dont wipe the account a couple of well controlled trades beat reckless wins every time keep a trade journal write why each trade was taken the emotion at the time the outcome and what to improve later this turns mistakes into data demo and backtesting are cheap lessons test across conditions if it cant survive demo it wont survive live emotional control often beats strategy breathing, stepping away after a bad loss limiting screen time, these calm the mind focus on expectancy not hit rate a system can win less than half its trades and still be profitable if winners are bigger than losers simplicity greater than complexity pick a few reliable signals and master them instead of hunting more indicators.

Adaptation is survival markets change so have a checklist for regime shifts, high volatility low liquidity macro events,and adjust risk and timeframes accordingly seek mentorship and community they speed learning but filter advice and always backtest before following anyone bankroll management is basic discipline dont bet money that hurts set process goals not just money targets compound gains slowly protect capital during drawdowns keep a healthy lifestyle sleep diet exercise they matter way more than most admit schedule weekly reviews and monthly performance checkups adjust rules only when stats justify it accept failure as raw data losses teach if reviewed properly stay humble and curious the market is a teacher not an enemy keep learning testing and adapting and over time consistency replaces hope and luck with real edge.

Maybe not as strict as you mention, but yes it is a very professional and organized skill that requires hardcore obsession to be great at it. I understand not everyone reaches the same conclusion, but it is definitely a great way to make money and that doesn't just happen out of thin air.

If you really want to, then you need to make sure that you can make as much profit from this as you can. This is the way you should be moving forward and you can handle all of it as well as you can on the long run. If you can't, then you are going to end up with many mistakes with time. Obviously this isn't simple, because it requires you to work really hard, and stick to what you know, and gain experience, it's not going to be quick neither.

Yes, you're right. We should be more realistic about trading, because it's far from easy to profit from. Revenge trading will only make things worse, because our trading is not based on knowledge, but on emotions, which is something we should avoid.

When we're emotional, we act rashly, and even our knowledge and skills are lost when emotions take over. We've probably seen many people take irrational actions because they're driven by emotions, unable to think clearly.

For those who are not experts in trading, profit from trading depends on luck. Because they do not know how to do proper analysis and they can never take the right steps, they make different decisions emotionally and from there if their luck is good, one of the decisions is effective. However, those who are experienced and have many skills can do well in trading. And they are the ones who are successful. Those who trade by giving priority to emotion gradually start losing and they give up trading with failure. This entire process is a game of mind. Those who can manage their mind properly can achieve their goals and others consider failure as the end.

Trading is more complicated than we can ever imagine and that's one of the reasons why when you analysed the market, and take a trade, you can still lose money whether you analysis is correct or not. The price of Bitcoin can choose to go up or down without you having the full understanding why price is going down or up. Sometimes, the fundamental analysis do give us clear reason for the price of Bitcoin going in the direction we are seeing it.
People that are very good at using fundamental can be very fortunate entering the market in using a strict medium to predict the price of Bitcoin.

Trading is all about your technical and fundamental analysis skills. If it's a game of luck, it's more accurately called gambling, because you're relying solely on your luck to make informed decisions.
In real trading, every move should be based on data, indicators, and a solid grasp of market conditions. Relying solely on luck reduces decision-making to random guesses, leading to inconsistent results... that’s no longer trading, but gambling in disguise.

But does proper analysis as you said guarantee profit in trading, I don't know much about trading, I have never advised anyone about trading and of course it will be uncalled for if I advise anyone to engage in something I don't know anything about.
Generally failure is not the end in every other perspective of life, I understand that there's no free money anywhere and for anyone  to win at least there might be something like stumbling blocks which might be part of the learning process as such it graduates people to their next stage of life if they can take it as a lesson but relating this to trading I don't know whether in trading, there's possibilty of individuals being guaranteed of profit after failure or does it depend on ones ability to learn further.

Failure is always a learning opportunity. When you make a mistake and find a way to correct it, you ensure you won't make it again. And it also serves as a guide for others. From childhood, we learn from our mistakes, at least many of us. Failure can be a new beginning, not the end!

I agree with you that the market can be analyzed, but what you should know is that even if you take your time to properly analyze the market, then you can’t always be right, no matter how good you are in making analysis, then you will be wrong sometimes, that’s why when you are trading, you should always expect profits and loss, just that you should make sure your profit is more than your loss, if you notice that your loss is more than your profit, then you should know something is wrong, but you can’t be a trader without losing, your analysis won’t always be correct.

But people should not see losing money as a failure in a way they will think they are learning, if a trader is losing after a long time like a year, the person should quit trading.

Trading carries more complexity than many people expect even when analysis appears correct the result can still be a loss markets are influenced by countless factors at the same time and no one can predict all of them bitcoin shows this clearly sudden moves happen without warning and price can rise or fall in ways that seem disconnected from the chart or the newsTechnical analysis helps provide structure and probabilities while fundamental analysis sometimes gives context behind a move but neither one offers certainty at best they increase the odds of being on the right side of a trade people who have mastered fundamentals can sometimes enter at good moments especially when major adoption news or regulatory shifts change the overall market mood still even the strongest signals can fail when sentiment shifts unexpectedly.

For this reason the focus in trading often shifts from trying to be right every time to managing risk and protecting capital risk management means setting stop losses knowing position sizes and never risking more than a portfolio can handle discipline and patience often separate long term survivors from those who burn out quickly. Psychology plays a big role as well fear greed and impatience can lead to mistakes even when analysis is sound successful traders learn to accept losses as part of the process rather than chasing every move or trying to win on every trade consistency and control matter more than being correct on every prediction.

I agree with you, every failure is actually an inspiration to learn anew, and never see failure as your weakness, but rather as a new and real lesson to learn, that is, from every loss you will gain more real lessons, and in this way you will gradually gain skills, you have to gain more knowledge at every moment, people can achieve everything if they want, because nothing is impossible, all you need is your own deep desire and confidence.

Trading can't be guaranteed no matter how it is analyzed, but it is good to have a better analysis in trading because it increases one's chances of making a profit in trading.

Trading can be unpredictable, and there is not always a guarantee that trading will be profitable. When it comes to trading, just try your best to have the right analysis and the right knowledge, and with all this preparation in trading, there will always be positive results.

Despite the fact that we can't always get predictions right as expected, we still can't say that trading is a game of luck. Trading does not fully rely on luck, but rather on certain skills and the level of knowledge one has especially in how well they can analyze the market.it's true that predictions can go wrong sometimes, but with proper knowledge of trading and strong skills, a person won't lose money often. Their level of profit will usually be greater than their losses with proper knowledge.When something relies on luck, it means there are no influencing factors that can be analyzed just like in gambling, especially in a casino. We can say that is a game of luck because it fully relies on chance and requires no real analysis to predict the outcome.

You made great point here sir, as you said failure is not final, if we decide to read stories and articles online about successful people we will discover that most successful traders, business me and women, have failed so many times but never stopped there, they kept on trying till they get to where ever they are today. What actually matters most in life is learning from the past, I mean those failures you have made and making sure you don masks such mistakes again in future. Like you said, no owe is a champion forever, but I tell you those who don't quit archive their aim at the end.

Failure should be taken as part of winning also and what we should note is that if you don't fail at some point you won't build the needed experience and skills to survive in the future and everything about growth come from failure so any man who is afraid to fail is not yet ready for growth this is the basic truth about life, that we need to be aware of, cryptocurrency trading come with high risks a d failure and losses is part of the market and skills and lessons are learned from failure which make us to say that we have accept failure as part of the requirements to become successful at something.

Yeah sure, failure is never final and that's a steady reminder that we should hold onto.Failure is never final unless you stop trying, pushing and persisting.The lessons gotten from failure are solid in our memories that sends a feedback so we can refine and reset every single approach.Each failure is responsible to reshape, improve and restart the journey towards success.

Failure is part of the success story and shouldn't be viewed as a taboo to have  happened to us in our journey towards seeking and hustling for a bright future. The more the failures we encounter the more we should be strong by the experience we get from those failures not to give up. Much of the developments we're enjoying are out of the failures of people who took those failures as a lesson and they never gave up.  Example is  Thomas Alva Edison.

It's good to read some motivation but still it depends on individual's capability and capacity to mitigate failure. As rightly said, failure is the key to success. No one can achieve success without facing failures. Failures are really tough and not only effect financially but also mentally.

A lot of people will treat failure as their end of an era but that is just a beginning to a better future. You should not be afraid of failure instead should be strong enough to face failures and overcome them.

Failure in trading can be devastating as we might even loose all of our savings. Coming back is a key to success not will more money but with knowledge and skills which were taught by failure in the first place.

You are right, every mistake is a lesson and you would only improve after making certain mistakes...but that only time failure becomes a problem is when you don't learn from them, a mistake thats made repeatedly shows that you are not willing to grow and learn...As a trader, it's important to always take a different approach after each loss...it's foolish to do the same thing that made you fail in the first place

In order to succeed in life, one shouldn’t see failure as the reason to stop, nor not to keep going. Just remember that everyone who succeeds in life, be in trading or pure investing, they all experience losing and committing failures from time to time but that don’t stop them from trying, until they finally surpass those and hit the target to success.

Yes, failure is never final. It’s just the beginning, you fail because you’re still not inclined to it. And while you’re on the process of learning, you never stop trying and keep working, until the perfect timing comes wherein success becomes easily reachable and available for you.

Yeah you are right failure is never final, when we fail we need to pick ourselves up again and continue it is only when you give up that you have failed as long as you are continuing you achieve that which you are after no matter the number of time you have failed that those not really matter what matters is how often you continue to make sure you achieve which you are after, one thing I believe in life is that failure will never remain constant when you continue trying to succeed, the only time someone can call you a failure is when you give up but when you continue no one can call you a failure, failure is not actually a bad experience it is an experience that helps you grow more it helps you expand your reasoning a man who has not failed cannot advise me because I need someone that has the experience of failure and success his advice is more genuine and real and it will help you achieve whatever you're looking for.

While I agree with all the things you've said. Unfortunately, some traders make it a reason to quit. Some think that losses are a sign that trading is not for them. And this is the mindset of an impatient trader. They only think of instant profit and always seek assurance without realizing that through failure and losses, it makes them more committed to improving and gain a proactive mindset.

Until now, many still don't understand that there is no perfect strategy in trading. That is why many decided to let go rather than push themselves to learn.

If you talk about failure and trade, in general no one does trade in the crypto market without a failure, with that failure that one can improve their trade to be better and successful.

In essence, crypto trade like you go to college, every day there is material that must be learned to increase knowledge, as well as trading activities in the crypto market, the more often done, the better The way someone does it with good benefits, for that, never underestimate the knowledge of trade, thus we can at least minimize the meaning of the failure and become a successful trader at crypto.

In essence, failure occurs when we give up and stop trying. Isn't that what you mean, OP? I also agree with this opinion. Those who fail are those who can't continue. The reasons can be numerous, but that's the path to success, and that's why successful people, especially in trading, are a minority.
By the way, I disagree with your opinion about "trading being a matter of luck." It's not gambling. While luck is sometimes needed, most trading requires skill and knowledge to generate profits, and that's why we must always keep learning.

Failure is something every trader will meet along the way, but it should never be seen as the end of the road. Losses and mistakes are simply part of the process that build experience and resilience over time. Even the best traders face setbacks, and what makes them stronger is that they use those moments to learn and refine their approach instead of giving up. Success in trading is not about avoiding failure, but about having the patience and discipline to keep moving forward despite it.

There is no success that has not passed through losses and failures. That is already part of the process. You stumble and fail, and that’s okay, but what’s more challenging is how you get up after you fail. That will tell how determined and how eager you are to succeed on your life, on your trading journey.

Failure is just the beginning. You aren’t even on the middle or on the last part of the process, so there’s no reason to quit and give up your trading journey. Just keep learning and growing, despite of some challenges and failures, because it’s not the failure that will define you but the success you will reap in the end.

Every trader winning today in the market at some point of their trading career has some failures that help reshaped them. It's the failure that we learn from and improve on ourselves to become better, without failing we won't want to take correction also winning can be very dangerous since you'll become too confident and you won't want to see others as those you can learn from. We shouldn't be afraid of failing but after we fail, we should be willing to want to learn and improve. Our goals shouldn't be forgotten regardless of if we're winning or losing. Taking our time to analyse all our mistakes is very important so that we don't make similar mistakes in the future.

That is true, there is no guarantee on making a profit no matter what you do. You can use a bot, you can do trading analysis ,chart reading, indicators, research, whatever you do, in the end you may lose money. That is the risk of trading and if you accept that risk, you realize that if you do your job well then even if some trades are bad, that doesn't mean all of them will be and you can make some great profit long term.

Because if you lose 100 bucks on this trade, but make 100 bucks in 8 different trades, you are in profit and that's all that matters. We should not be considering this as an issue, and if we can make this work, then we are going to profit a lot from this. So, don't give up, and try your best.

Since there is no assurance that making profit is guaranteed, then I don't know why many gamblers(traders) are always looking for all means to make sure that they make money from the crypto market using bots and indicators. Some do go as far as looking for sure market signals that will make them profits in the market.

Some traders believe copy trading will be profitable for them although this pattern can be profitable when you copy someone that has mastered their act of trading with adequate risk management in place. No guarantee here because you could copy trade and still lose your hard earned money. This should be taken seriously.

Winners never quit.it take alot of courage to engage in trading and gambling,so when one loses,it's part of the trading and will spur you to more action instead of weighing you down.such people are the future champions because of there consistency regardless of failure recorded in the past.

Bots and indicators are different things. Bots are just program codes, they are based on known algorithm and you put some data in them and make them work for you and in most cases they just fail after a while, because errors are bound to happen and inevitable, even the companies with millions of people working for them have issues on their software, so assuming a trading bot for crypto you got from some dude somewhere would not have one is a stupid expectation.

However, indicators are known to be a good method of trading for stocks and forex for decades now and used by all traders all around the world to make billions everyday, that's what they do, that's their job, and they are turning in insane amount of profit all the time. So what we are seeing right now is a good way to trade.

All types of trading are games of luck. If you are lucky, you can win very easily. But if you have no experience, if you have no knowledge about training, then most of the time you will lose while trading. So it can be said that trading is not just about predicting the future. You can predict from your own knowledge, experience, training practice, but it is not a matter that your prediction will be right every time, but experienced people benefit most of the time from training because they know when and how to do the training, so experienced people always do better than beginners.

There is no success without challenge, you can't win if you don't fail at some point in life. Trading is about risking money to get another money, sometimes luck shine on you and sometimes it doesn't but you can't be unlucky everyday trying your new trade to make something out of the market.

Most often, you will get that failure before you make it in trading. Though it's not a definite rule that you will fail in your trade at early, some trader start trading when the market look juicy like during the bull run and then later face rejection later when there is bear market. The real ones that believes stay along.

Winners never give up because they know the path to victory, and usually, winners also know when to take a break from trading. Trading doesn't have to be all your time, although that's not bad for some. But when someone starts to become more busy and has to simultaneously manage their trading, I believe that's when time management really needs to be implemented to avoid failure. Because trading is quite different from gambling, equating the two seems inappropriate, as they fundamentally have quite fundamental differences.

Yeah you are right but it will be very okay that you don't merge trading and gambling together because the two things are different however they share the same similarity but they are totally different gambling is a game of luck while trading is a game of knowledge and experience, however just like you said when you are a trader and you are losing that does not mean that you need to stop if you continue surely you will win and because successful in trading, there are a lot of people who are now successful in trading when they started they lost a lot of money but they never gave up they keep on pushing and today they are very successful and some people look at them and admire their success not knowing what they pass through to get to where they are for me trading is all about experience the more you are in trading the more experience you become and when you are experience you will succeed easily now the problem is before you get that experience you need in trading you must have lost a lot of money.

Failure is just a lesson to people to know their mistake not to repeat the same mistake again. But those that failed to avoid what is causing them mistakes will surely give up on trading, because they have concluded in their heart that they can't avoid those things causing them failure. If you walk close to successful traders in the industry, you will know that they pass through failure many times before they overcome to become the champion other traders are celebrating today, because they refused to allow negative mindset to enter their mind.

I guess new traders will learn a lot from this thread, because there are some new traders that are about to give up on trading base on their failure many times which is not the final, if only they can learn more to acquire more tactics to improve to become among the winning traders.

Every experience we have in cryptocurrency, whether good or bad, brings us a lesson. Whatever we learn, we must always choose
what will help us grow in this crypto space.

If we fail, let's use it as a stepping stone to become more determined in achieving our future goals,
which is the main objective for all of us here.

Indeed, they need to overcome that failure and take it as learning steps. If they are serious with their trading adventures they need to find ways to enhance their knowledge, it's not the end of their ventures if they know what they need next, but if they will lean on that experienced they may conclude that there's no future to them and they need to shift to another venture instead of continuing their quest to success inside trading.

Trading and gambling might look similar on the surface because in both you put money on the line with the possibility of losing it but the foundation of each one is not the same. gambling is mostly chance you play against odds that you cannot control and in the long run the house always has the edge. trading is different because it is built on knowledge skill discipline and experience. it is not about luck it is about how much you understand the market and how you manage your risks.

Losing in trading is something every trader faces and those losses are like tuition fees you pay to gain real experience. the people who are successful today are not the ones who never lost but the ones who refused to quit they kept learning from each mistake adjusted their strategy and slowly built discipline. consistency and patience are what made them champions not luck. The tough part is that experience in trading usually comes after many failures and losses so the early stage feels painful but if someone can survive that and keep building their skills they reach a point where trading becomes easier because decisions are made from knowledge and not emotion. that is where real success comes from.

I think trading and gambling are different but there are some similarities like I want to say the addiction aspect. But I would say you should do trading well with your knowledge and analysis if you make it like gambling then you will definitely lose money and fail. It is also believed that no one has been able to bring absolute success without failure. Yes you may fail at the beginning of trading but if you consider this failure as a pillar of success and move forward and expand your knowledge then you will be able to succeed. If you think that someone has been successful in trading from the very beginning then I think this idea is wrong because first he lost money and experienced and later he became successful. So I would say that absolute success cannot be brought slowly and patiently.

Failure always give lessons to the hard working person because the people who are doing struggle will be successful after a time because they have hope to be successful. They can improve their mistakes because people with wisdom always try to be Winner in life . You could lose your money on trading but you know that is not end and you will get more wisdom after getting this failure. Many  people are doing trades and they lose a Money at the start but with time they know that Money is important in life and they learn a new changes in the market and now they are masters in the market And they are teaching the people who to trade with confidence.Because trading need your time to learn how you will be best trader and many traders are from different Europe countries.

If you are not facing any obstacles, then you are not going anywhere. Because anything that is worth achieving, is worth achieving when you are dealing with something major, and that is the most important part. I think if you face challenges and issues along the way then you are doing a great job at aiming for something and working hard for it.

This is of course not easy for most people but that is what it is and we can't really avoid that. So, if you could try to find a way to make this happen, then you are going to get the best returns. Not that I would suggest being unaware of the troubles, of course you should acknowledge them, don't ignore them, but learn from them instead of giving up because of them.

Failure is good for us because if we will be successful at the start then we will not understand the price of success . There are thousands of people who are paying the price of success and these will take to taste of success in the future. People always try to be success in the early age because society will give respect to them after that success. All traders have mindset to become millionaire but that is not easy for everyone because people should work on their skills. People have to work hard day and night to become successful traders. I saw many people who are rich due to trading but they learned a lot and read a books about BTC for the years and after they became successful.

It should be underlined that failure is not the end of everything. Most people who have achieved success in trading or investing, especially in crypto assets, have experienced failure several times before achieving their initial goals. Failure is a process of strengthening mentality and also requires traders and investors to continue learning in order to improve their abilities.

Never be afraid when you experience failure in one or two attempts because it can be an opportunity to grow and develop, on the other hand, failure can also act as a valuable experience that can help in facing challenges in the next attempt. So when someone stops trying when they have experienced failure, then that person has buried the path to success for themselves.

It is good for each of us to look at the experiences of traders and investors to learn from their mistakes and failures. None of us is perfect in this volatile market, and even with the help of trading tools and analysis, the trader may face failure and may lose some of his trades. After all, predictions are just assumptions. No matter how many failures we have, we must not lose hope and we should always start again and keep trying.. With time, we become skilled than before. We must manage risks and capital so that we do not lose all our money for example,, risking only 5% of capital in any trade is enough and should never be exceeded.

A good trader is one who does not let despair and failure affect him negatively.. He is one who dedicates his time to learning, as there are no limits to knowledge and to gaining the necessary experience. We must not let failure be a reason to stop us. Trading is a journey of trades, not just a single one.

Agreed. Never be afraid of failure because sometimes failure can lead to success, as we learn from our mistakes. Crypto trading is certainly not an easy activity. Sometimes even if you've conducted thorough analysis and carefully calculated risks, there's still a chance of experiencing losses. However failure doesn't mean you should give up and stop trading. Instead you must learn how to manage losing trades effectively.

You must be able to manage these failures as stepping stones for future trades by remaining calm, reviewing your strategy, and accepting your losses as motivation to improve. It's important to understand that experiencing a loss in trading isn't the end of the world, as managing losing trades effectively will reduce the risk of future losses.

I think at this very ends failure can be a valuable learning experience, helping you refine your trading strategies and risk management techniques.

I have also come in line to say developing resilience and persistence is crucial for navigating the challenges of crypto trading.

1st of all trading is not a game of luck, trading is a business based on skill, strategy and opportunities, this is all that makes the trading body if you lose a trade is not because you are unlucky it is because  there are no opportunities in the market and yet you still choose to enter based on lack of discipline.
And if you win it trade it is not because you are lucky it is because your skill and strategy as paid you in your business.
And the time you lose consistently tells you that the strategy which you used to approach the market is not good enough and you have to change it.
But nevertheless your actually right when you say failure is not final it is just a stepping stone to success.
no matter what happens there we still an opportunity waiting for you in front
learn from your mistakes and keep on moving forward.

Every successful trader has seen many failures in life, and those failures have taught them how to overcome and take those bad experiences as lessons. I have seen many failures myself, and those bad experiences now give me a clearer view to make decisions.

So I think failure helps a trader build a stronger foundation and gives the trader experience of the brutal reality of the market.

It's not just persistence that a trader must possess in all conditions; knowledge and patience are even more crucial. Markets don't always improve, and when adverse conditions arise, traders must adjust their investments to reflect what they previously purchased but didn't sell when prices were high. Therefore, trading failures are often driven by a lack of patience, making selling during adverse conditions a less than ideal option, as it truly tests a trader's ability to hold onto their purchased assets.

As the success of trading depends on knowledge, analysis, experience and strategy, it also has its uncertainty which makes it risky. There are many experienced traders who sometimes make wrong decisions and face losses. When someone trades, he has to think about the possibility of risk. Because here a small wrong decision can lead to big losses. By learning about the experiences of others through discussions on different platforms and getting ideas from their experiences, a trader can increase his knowledge. When someone trades, he has to face new challenges every day and someone's previous success does not guarantee his future. Therefore, failure is a means of learning. And patience, effort and consistency are essential for success.

In trading, no one can be completely right, maybe he wins a few times at first, but somewhere or another he loses. In trading, knowledge, experience and prediction are needed as you said. However, these cannot give any guarantee, although they are important.
Risk management and controlling emotions play an important role in trading at times. No one can be a permanent winner in trading, no matter how experienced he is, he has to fail or lose somewhere or the other.
The market is constantly changing. So even if he can win today, he has to lose sometime in the future because no one is always right in trading.

All of these aspects are important for you to have, do not consider them as not or ignore them, because they are also part of the development of the mind that will give birth to a strategy later to anticipate or execute the placement of trading positions, this is not just a matter of luck but is a serious practice that determines whether you can profit or not in trading, in theory you are right that no one knows what will happen in the future, the market is always unique and cannot be predicted easily, and indeed no one will always win in the market, among the winners there must also be losers, but what is calculated is how much you experience losses or gain profits accumulated in one month or quarter and that is what determines whether your profits are better than your losses in that period, which is used as data that determines whether you profit or loss in trading.

That should be the most obvious way to grow as people. It's going to be really good for us to start by losing first because that will allow us to make more money and do a lot better by learning that way. Not going to learn that easily by earning right away, you will lose a lot bigger later on.

Because most people start small, so if you start small and win, then you are not going to learn and then because you are winning you are going to end up investing more and then you are going to lose when it's a lot. But if you start small and lose? Then you will learn while it's still small amounts you deal with and you are going to get a lot better results, should be something that everyone does to get better results.

Winners don't quit and quitters don't win. It's as simple as that. No successful person on earth that didn't have a taste of failure. People succeed because they persevere. Nothing profitable is ever free or easy to achieve. If anyone offers such for free, ask them for the terms and condition. It's often a trap when that happens.

Kindly scratch that and erase such a conception in your head. Trading is a profession, not a game.

Failure is something we all should be expecting
Because some times in trading, coins can go up then we will make a profit and when the price of coins drop we experience something like failure.
In bitcoin trading we should expect success and failure atimes
Failing is not the end but how constant do you pick up after failing an attempt.
We should all be prepared for both when trading or buying a new coins.

Alot of newbies are just looking for a quick way to make some money and the first idea which comes to them most at times is they can achieve it through trading and without delay many of them try to learn the very few basic knowledges about the process and jump on it hoping to perform some magics. Unfortunately, then they face a few losses they begin to feel like trading is not for them but the truth is whenever you meet any experienced trader, they will tell you their own different experiences including the losses the newbie have experienced or even more. They will tell you losing at first does not mean you are bad at it but it means you still need to learn the ropes gradually and patiently. Every newbie is supposed to have this mentality of failing forward in the sense whenever they fail, instead of saying I failed they should just have it at the back of their minds they have learned a new skill or idea which is learning from their mistakes.

Sometimes, failure marks our beginning of success. Just like the topic says; "Failure is never final", it is important to understand that mistakes are accompanied by corrections, that is if we realized we have made a mistake, and have the zeal, or passion to correct it.

Failure is like making a wrong step when you take a journey. You may fall down due to a wrong step; falling down depicts failure, but that should not be the end of the the journey if you can stand up to you challenge; it is not a defeat, but challenge yet. It is when you failed to stand and continue that it becomes a defeat. Therefore, the topic is rightly stated. "Failure is never final"