Bitcoin Forum

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

Trading in general is not for everyone.

This is no different than the Nasdaq internet bubble of 2000 or the huge bull market of 2017 in the global stock markets.

There was a small percentages of retail traders that only made money. The rest most likely got greedy bought at the top and ended up making nothing or losing their entire life savings.

Trading Cryptos is no different. There are some that can make some profit off it, but for most it becomes a losing business due to fear and greed.

It is the promise of profit by some wicked influencers that entices newbies to invest in cryptos. What's saddening is these people simply jump in blindly and the worse part is when they cut their losses by selling all what they have when see their investment go south.

Yes i agree with you and additional for that is,
There are two factors moving the crowd on the market,greed and fear to loose, and how you avoid this?
-turn your brain on and realize,
-look up the graphs of bitcoin
-read, watch videos, educate yourself
-dont used borrowed and credit monet

You should use your brain during corrections, you should use your brain during trading and especially you should use your brain when you just enter the trade.

This is how the system works either on both sides  stocks/forex or crypto where theres no guarantee that it would work out on a certain individual and come to think up if theres someone becomes a millionaire then there are lots of traders who do lose up money and thats normal into this kind of ecosystem.Therefore,before tending to engage yourself into trading then you should be aware on the upcoming risk that you might encounter, only the fittest and skillful would really able to sustain this trading world.

They will disagree with you for telling the truth. A lot of newbie are in crypto because they think crypto is some kind of ponzi scheme which can make new entrants rich quick on the expense of late commers. NO. crypto requires knowledge as the stock market also requires expert.

I fully agree with your statement. To lazy people who dream that they will get rich on a crypto currency quickly, this is not the place. The ability to trade and be in this area does not come just like that. All those who succeeded, made colossal efforts to understand this market, be in it and earn. Training continues daily, every day I receive tons of information that I need to understand, select the necessary and remember it. In this area, education never ends.

Nobody was really born a master in any business. Even the greatest master in any business venture learnt from somewhere or someone. I have no offense if some traders knew about cryptocurrency trading from their friends or relatives because you will be surprised that they might grow to be more perfect in it than the person who taught them. Where I find offensive is not being patient to fully learn before jumping into trading because of the eagerness to make money.  

Yes I agree on that, even the most amazing riders will commet a huge accident, and no one really born and walk or maybe run directly everyone really needs to crawl first before they can become master on it. So if we are really lose in trading today maybe we can gain on it tommorow or in the near future.

Everyone starts to be a newbie but the hopes and dedication would depend on what they do aim for.Doing trading is just for the sake of money but the level of eagerness and greedy/hope for money would be different into a particular kind of person which actions would vary either he would done it on a fast and careless way or on a slow but surely pace.You should really expect the unexpected that students would become more better with their teachers when it comes to trade and i do believe in skills too.

It's absolutely crazy, every ICO channel is full with when when when questions, only those will have big gains actually who realizes that new projects take years to mature.

I think it's impossible today to get a profit of up to 500%. to get 15% of it is hard to get ,, and many who have the same opinion with me .. 8% / day it is very profitable for us .. see those who have expressed their opinion on my thread https://bitcointalk.org/ index.php? topic = 4347823.msg38884013 # msg38884013

Yeah! Trading is a complicated stuff, it's a little bit hard and risky to earn there but so easy to lose money if you made the wrong choice. That's the reason why until now I refuse to deal with day trading. Another reasons are first I don't have a desktop with a fast internet connection for monitoring the market price much easier compare to the smartphone I only have right now and second is I'm still lack of knowledge regarding this. So to avoid losses, I never try this (at least for now) even though I'm really eager to try it. 

A lot of people blinded by the greed and ignore all the important basic knowledge about trading, they just want to make profit without any proper knowledge, this can lead to huge lost and also can lead to the panic sell which can caused the market to become worse, so if you really want to become traders learn the basic is the most important thing to do

There are a lots of fact to make a perfect trading. If only you can place/close order that is a part of trading. But to be a perfect trader you have to learn how to make profit? You need to know when and why we have to choice stopp loss. If starts red that doesn't mean it will continue to be red. So, you have to learn trading factors first to be a successful trader.

Trading is just like a gamble in casino if you are not smart for that you will rather to lose just be learn everything you can in trading and trade in your risk.

I guess you cannot guarantee how the new comers enter the market. We cannot control how they think about entering the field at first and they should have understood it once they enter to the market eventually. Everyone would encounter the stage to try on the trading at a slow rate and action since the market is really brand new one.

Maybe losing in trading is normally for beginners but if you're long in the field and continuously loses maybe you've lack of research and poor analysis maybe you're also lazy in searching for some good techniques in trading so definitely if you're that one crypto is not for you.

I have said this several times that trading is not for everyone and for you to became a successful traders and investors you must developed your skills and knowledge including experience on how to analyze the assets, money management and execution of trade. However,  the market still need the newbies in under to create liquidity.

We have been previously a newbie before. I, myself is a starter. At first, I have a huge losses. And I thought that trading is not for me. But this losses encouraged me to not just enter and exit market without further looking at some indicators. This also help me to learn more about trading, learn more about indicators, and continuously study to prevent loss. Now, I am having just enough profit everyday and already gaining what i've been lose then.

but everyone hope and will go on for hoping in sudden reachness coming. Because they think it is easy money

Yes trading is the best way to gain good profit in crypto,and this is the only section when you can earn the biggest members can get here,but this is not for everyone maybe theres a lot of aspiring candidates to do trading but not all of them can succeed.

And thats desperately needing,that attitude will only bring you to failure,being a trader must have special skills and brightest mind before entering here,if now then better go away and live

I have to say I fully agree with that.
So many crypto users, mostly those unexperienced and without any knowledge think that trading is the easiest and the fastest way to get rich. And what is worse they think no skills and knowledge are needed. Which is completely wrong and usualy ends up very bad with huge losses and debts.

But the question is are the users only to blame? Or is there general attitude promoted on forums, social media and similar that cryptocurrencies are " the free lunch" you just have to take. With attempts to show only positive sides of cryptocurrencies risks are often forgotten and deliberately hidden which makes the opposite effect.
We have to do more on general awareness and education showing people both, good and bad sides and promoting education and trusted information about crypto world.

Anyone who want to join crypto must have knowledge about crypto and trading. Not just they want a lot of profit in crypto and then they invest their money without knowing about trading crypto. This is reason why they are do cut loss . But i think if they already join crypto i think they can understand about crypto. Just do and got experience, i believe if you already enough experience and knowledge you can do trade without cutloss.

Even before now when Forex and stock trading was in vogue, a lot of people still ended up flopping and losing a lot. The problem actually is that a lot of people always think it is just an easy way to make money rather than seeing it as a profession and because of that, they usually do not take it serious in anyway which is bad and one of the reasons they lose so much. As long as they do not learn and keep learning, they always get to rush out eventually the same way they rushed in.

I guess the mentality that one brings into trading, determines how such a person is going to end up doing or not. Normally, without knowledge and good experience, there will be no strategy and without strategy, that is 100% gambling and once it is 100% gambling, we all know the rest of the story.

As of now I am doing a full-time job and part-time business so I cannot give the time which is required in trading and that I believe that it is not my cup of tea but I can always take some time from my schedule and use it for the research purpose which helps me to make trade decisions considering the gains in the long run. To be honest, I have lost my entire capital multiple times just because I made trading decisions based on other's research and opinion about the market and I would never recommend anyone to blindly follow others opinion.

Do not call them wicked, but rather call those who act on whatever any influencer says and make decisions on that the fools that they are. As long as you cannot make investment decisions on your own or trading decisions, then you should not be making any decision at all. Listening to others opinion to make decision will only put anyone's fund in jeopardy.

Trading or investing require some knowledge and some experience as well, and it is best to get those before even considering moving so fast on the market. People are just greedy and they want to get rich quickly, which is what makes it easy for them to be swayed.

The deal is only for some knowledgeable people who understand penny stock analysis. Not all 100% of those investing in the crypto market have considerable knowledge of trading

100% I use hold method is effective and safe investment method. I rarely put money to trading in the day or short-term trading. To be able to trade effectively, I need to take trading courses taught by famous traders

yeah, i totally agree with you. many people come to a crypto world and doing a trade just want to get a huge profit without thinking about a risky which they will get. and they really ignoring about knowledge of trading. for me personally, knowledge about trading is the important thing if want to do a trade in the crypto world.

Yes many people want money then only they will come to trading and other crypto investment but in starting stage they don't learn much more then they will beat and drop in it but many people don't know how to had an experience in Trading if they got it then they will be the man who learn more in this

Do not quite agree with you. People as a result of such trades will only gain experience and understand how to actually act on the crypto-currency market. All this will only positively affect the crypto economy.

Trading crypto, just like how it works in stock markets, is nothing more than a long term cycle where dumb money ends up in smart pockets. It's not profitable for average joes to keep trading, even not when they learn from their mistakes one way or another. If after decades of stock history nothing changed when it comes to the winner to loser ratio, then how on earth is it going to work in a market as unpredictable as the one from crypto? I purely focus on longer term trades, where I only buy or sell when the market is literally asking for it. In current market with its neutral sentiment it's better for most people to just wait it out....

You're absolutely right, since there are so many newbies trying to earn money from crypto w/out even trying to understand it they are most likely to lose some money then after they lose some most of them are considering crypto as worthless and only causes people to lose moeny. Without a complete knowledge regarding crypto they will now unlikely to consider crypto as profitable.

It is true that is the main reason, but they are never going to understand what you are telling them, they will see all the profits they can possibly make and they will keep investing until they lose all their money, the only ones that can see profits like that are those which invest for the long term in cryptocurrencies and most of the time it takes them years of holding before they see profits like that.

If you trade without any knowledge then it will be just checking your luck but if you got a knowledge about the coin and you know that in future it will give you a good profit and invest it is not gambling but a risky investment. So one shouldn't invest just based on someone else recommendation but they need to know about the project. Many times whoever is giving out tips might have bought these coins at a lower price and they want to sell at higher prices so they may ask their followers to buy those coins. You will end up buying at a higher price and they will make money.

true, people who panic sell because they do not want to lose more of them are a beginner in trade, so they decide to sell when a little bit of losses, but selling when losing is not a good decision.
if this happens to me, then I will continue to try, except if every trial I always fail and continue to lose, maybe I will leave the trade and find another job in crypto.

I believe trading with cryptocurrencies still takes time to be learned and of course with lot of experiences.The more you have experiences in trading,the more skilled you will be.But if you always gain consecutive losses even how hard you tried,then think of it a lot of times.You may not destined to become a trader,or else you're really not fit for it so better quit before it's too late.

I agree nowadays the only concern of some of us is to gain profit and dont mind even they dont have knowledge on what they're doing thus they are prone to lose their money compared to traders who take their time to educate themselves before trying to trade. I think its a human nature to enter in a situation just because of hearsay that you can earn huge money without even knowing the full details and fact behind it.

Yes now most people just think when they get a chance to gain profits in the world of crypto, especially investing by buying some coin. They are only interested in the words of others and do not try to learn the various knowledge in the world of crypto. It should be when someone tries to invest in the world of crypto then they should be ready to learn everything related to the world of crypto. It starts with how to do a good analysis and then make quick and precise decisions. I learned about it and the fact that it took me a long time, but now it all pays off. I can understand the world of crypto and I use all my knowledge and experience to be able to make the best investment.

It is up to everyone that which method suit them, go for that. Don’t just adopt something over advice from your friend or senior or college or anyone else. Rather if they advise you to go for some option, better is to search about that. Extract out the profits and losses, pros and cons of that method and then start matching them with your goals and objectives and check whether they meet or not.

Yeah sort of that’s true. Many times they go repeating this cycle even if they know that they had bad experience previously. I mean one should actually learn from the previous experience and see what they are upto. But the novice people are always making it harder on themselves and loose every time. Yes that’s the time when it really feels that crypto currency trading is not made for such people.

Well, its sad to know that newbies are losing money in this market because of their greed to make profit easily. This market is for everyone, if you know nothing about cryptocurrency better to start learning so you will not loss the money if you started to invest.

maybe it's not for you but trading it is my way, the way to be able to get success every human have each different way and every one can not be same if you get big losses from trading then you do not match in trading you must more learning.

You are right no need to listen every one and no need to try everyone ideology some people will guide you sell and some will just mislead you so better is to make good search about it and I am sure you will be encourage by a lot of sites that provides us best suggestion when we are stressed about lose or fallen prices, so it is good to keep on trying and never quit, a single lose cannot decide your future, increase your knowledge and try to take command of being an experienced trader.

Try and Try until we die- This is a common line that we do know when it comes to facing challenges in life but the sad fact there are really instances on where things arent really meant for us no matter how hard we do try but we do still failed up. Trading does really require some qualities for you to sustain. It wont really be easy yet you would really experience trial and error for how many times.If a certain period of time where you already have tried up but still negative in results then i dont see its bad to quit trading for good.

Everything balls down to the knowledge and experience anyway. At some point, there is no trader who will not lose a bit even after learning, and that is where practicing with so small comes in.

These days, even looking at the mentality some of the newbies have, they always want to make money quickly and believe that trading or investing in cryptocurrency is going to get them rich overnight and this makes them not to use their brain to know that there is so much to learn before even threading this path, but still a lot of people will just never learn or would prefer to learn the hard way.

Newbies only add to the FUD community and the people who panic sell coins on red. They have to learn how to manage their money and retain steel nerves while market drops in order to make money in future. Today if the market price of a coin drops - it does not mean that its never going up in future, specially for bitcoin.

We have seen the rise and fall of bitcoin and if one is able to get into the cycle at the proper time they would be able make a lot of money in the process.

We have only one option for such people and thats ignoring them. If we keep talking about such people who are responsible for the FUD creation and also who are engaged with repeated mistakes then how can it be beneficial for the crypto economy. They will always make this market worst by creating vine more volatility than the normal one. Thus it derives lot of pressure on the crypto community. Trading is greatly affected when it comes to investors like them. Even with bigger groups big pump and dump can happen and if that happens for the good coin then it wouldn't be worthy.

Let them disagree, who is going to end up losing out hugely at the end ?
People will never learn no matter how you tell them the truth and when you tell them how the idea of trading, investing or market is, they start sounding like mummy's boy as if you are making good bucks and you are trying to deny them of doing that as well.

Well, it is a free world, where everyone can do whatever they like and eventually, their own decision will make them understand who is right or who is not. Cryptocurrency trading is not that hard for all us. We can make big fortune if we do care at the right times. I never suggest anyone to quit it for any reasons.

Even with proper training and instruction there are moments when you realize that not everyone can do everything, so we must acknowledge that we have limitations and if after many months of study and trading you are still unable to get profits in the market maybe it is time to recognize that trading is not for you and that you should be doing something else to earn money in cryptocurrencies.

It cant even make a 1 is to 10 ratio of traders to failures because this is nor for everyone nor for much many here,trading is not like a gambling that you rely on luck instead this defies knowledge,skills and brightness before becomes successful on being traders,I suggest to those who has none of this character better get out of this field before become a loser.

trading in crypto is not so easy.. you can lose assets in trading.. you need to study that coin market first to do trading..

One advise on trading don't put too much money on your wallet that you cannot afford to lose trading means risking all option there is. Those who persevere such work can only profit in trading however trading without knowledge can put your money at danger so you must first study the safety precautions just like the first thing I've said so you won't lose that much after losing in a trade.

all new people will never understand how the real reality if the information they get directly from people who can be practiced expertly in trading or investing in crypto and if you know everything needs a process to produce the best.

There are a lot of newbies now trying to join trading only for quick buck purposes, and then they just end up losing all their money because of that, that is the reason of why we are seeing so many people crying in here

why should we stop trading activity, I think everyone who started trading activity comes from beginners do not even know about trading activity. and I think a failure in that trade would be a very valuable experience, so I think the key to a trader never gives up anything that happens.

To some people crypto is a get-rich-quick scheme. Specially after the 20k USD mark being touched last year people have flocked into ICOs and crypto only for the huge returns and complain if some project is a bit slow to grow and act lik self-righteous pests. Its best to ignore such people because will only make life miserable for others with the FUD and propaganda speech.

The problem is that new people would not read the project whitepaper or do some research but with start with the question "is this a scam?"

Yes crypto trading is not easy, so very important to have skill and knowledge how to manage the risk. Before use real money in trading for the better learn it in demo account. But though crypto trading is high risk investment, but i think everybody should be try to learn it because crypto market offer huge return that can change our life and possible to get financial freedom from it.

there are a lot of people really expecting to make millions of dollars in the first day of trading, and at the end of the day, they just end up losing a lot of money because of bad expectations

Do not trust anyone who says that trading is very profitable. They do not explain the greatest risk in trading.
very dangerous if beginners do not analyze the risk of altcoin or bitcoin trade.

but beleive me i use to make a good profit on etherdelta once.. but sometimes get loss all my profit :D so trading is luck..

trading is a unique jobs because similar such as gambling that people can be rich from trading but possibly too people can became an poor people because trapped on the particular situations and lost your money but very unfortunate most of traders didn't thinking clearly about the risk and don't have good mentally when facing downtrend and became an panic sellers

Because of their high expectations, the high ambition of failure is greater so do not be too ambitious in today's market, it is not easy to earn profits from day trading. It's probably more difficult to get hold of us to become richer from Crypto.

If you really want to make good profits in trading,you must be knowledgeable enough and should have more experiences so you can ride with its volatile market.There is no really quick profit in trading,all comes with hardships and perseverance before attaining success in trading.If you cannot do this,then better quit crypto trading before it's too late.

It's totally not for everyone, not all of the people can handle the stress of losing money over a minute and how to counter that stress with their own strategies and will, not all of the people have the knowledge to trade and the capital to maintain their position to the crypto market, I saw tons of people saying crypto is scam or bubble after losing their money either from investment or trading.

Trading is indeed profitable and its being said and been suggested for a thousand times not only to this forum but even offline how much more on online world. Cryptocurrency trading is indeed risky which is more than dangerous due to volatileness but we know the higher the risk the higher the reward thats why most people do easily get their attention on trading up with crypto but the thing is that they dont even know how risky it is and rushing up themselves on to trade without enough preparations. Results? Majority would lose up money and got easily discourage.

I agree.Trading needs more experience and skills so you should be well equipped with all the basic things for you to succeed and will last longer in trading.Since it has more risks compared to some other crypto works,then don't expect too much if you're not willing to make big risks.

Do not trust anyone who says anything is very profitable. Nothing is profitable in the world without experience. People gain experience from their exposure to different fields and they understand the risks and returns from the same. That said trading has been profitable if you know how to put in your money. Think of the early adopters of bitcoin - they did make a lot of money after they sold.

Etherdelta is mainly for selling tokens. I believe you got those tokens from some shitcoin bounty or airdrop? Profit in trading is relative based on what you put in to get the coins and how much return you get.

Don't be discourage if some of your coins become shit, you might not wonder in the future that it will develop a community that helps the coin valueable. Other traders thought that trading future is worst, but in reality its a brilliant opportunity that could provide as better profit. However when it reached a good price, I am sure you'll not regret the blessings that you might experience.

There is really a need for the newbies to educate themselves first before joining the cryptocurrency trading. If that person wishing to join the trading is really serious then he/she should take the first step first to prepare him/herself. Many newbies are invited by some unknown person the social media to join their group and participate in their trading without educating them first.

Some do think trading is just some rosy way to make quick money once they can just buy when it is red and sell when it is green. They may get lucky when the market is in an uptrend, but the luck usually do not last once the market switches to a downtrend and in a market like this, it makes matters even worse for them due to its level of volatility. There is a lot to learn and a lot of practice that should be done before even considering trading at all, but it seems a lot of people, are always in a rush to make money.

I think trading for all circles. what to do here is self-improvement and re-learning. Losing trades then leaving it is a desperate behavior. it is very sad and only a protracted regret.

every person must have a desire to succeed in trading, for a beginner, certainly an experiment in trading, so many who experience failure and lose in trade.
I think a one-time failure is common, and you should try again, but if in a few times you just get a loss, then you should stop trading you are doing, find another job you are good at.

I dont see any reason why newbies should not do so. Being educated about trading would only make them more experienced in crypto based activities and will be useful some day in future because they can invest in some coins other than bitcoin and also ICOs.

Well if they think someone is trustworthy then they will get scammed in future. Its a good advice for newbies but then they also have to learn how people scam and survive in this market.

Again some people are just hoping to get investors into some shitcoin - those should be avoided.

False advertising nowadays are worse than i thought since there are ads everywhere some may say it's fake and maybe some gets scammed by the fake BITCOIN because they lack the prior knowledge in terms of handling btc or even identify which was legit and not. The title might be offensive for some but for pros are not it's a nuisance to answer questions that have been answered several times still newbs ignore the same s**t over and over.

Everyone has a right ro become a member which is supposed to be, a right to know how operte the cryptocurrency was. The system of bitcoin or even the system of the market is just favourable to those who knows already what they would going to do.

It takes a lot of time to figure out how profit can be made on crypto market.
When I entered crypto I spent several months for reading and analyzing the information on the internet, on this forum, youtube blogs, Telegram groups, etc.
And this process of analyzing is eternal - every week tons of projects arise that could be profitable..

Yes many people say trading is easy and it is profitable, yes it is easy but when you become expert in analysing this crypto market. don't think all investors and traders will make a profit there are many people quit trading because of a huge loss. Patience is the key to success in trading. if you are a calm person and have the ability to face the risk then you can make a profit in trading.

Bitcoin becomes a thread when it comes to moon last year that it took the attention of the greedy people. Now that thise people invested on a high price and the market goes consecutively downward, they are mad. You know, market is not blooming everyday. If you are not there in its worst, you have no right on its best.

I also believe that the cryptocurrency market is very potential and the chances of success in this market of investors are huge. The key to success in these deals is having a clear investment plan and adhering to the established principles.

well this is true at some point, if you are just a newbie you can not expect to make millions of dollars because it is not going to happen, that is the main mistake from most people

I believe that the market and the capitalization of cryptocurrencies are still falling because of the huge number of newcomers to this market at the end of 2017. Someone disappointed in the market in January-February, someone in March-April,someone now. They are still selling out huge stocks of cryptocurrency made at the end of 2017. I do not see any other reasonable explanation for the low bitcoin rate.

To an extent I think you are right and I agree with your point that a lot of people believe cryptocurrency is a quick and easy way to turn money you already have into a massive amount. However, I dont think that it is right for a person to tell another person where the do and dont belong. If they want to invest and sell quickly, let them and let them learn the hard way. Cryptocurrency does require research and keeping up with, but experience is going to also really help a person grow.

Crypto-currencies trading does not really suits every traders, some traders are afraid to see the huge price drops in crypto-currencies but this is actually a very common sight in crypto-currencies trading, and I would say the traders who are able to hold their bitcoin and altcoins for a long period of time during a bear market would stand a higher chance to make more profit than others.

Yes the root cause of this price crashes are mostly newbies panicking to sell all their coins when there is an FUD in the market that the whales manipulated and mostly done by spoofing(faking) volume trading transactions. Most newbies doesn't take time to learn cause they thought they can make lots of money in no time but when something unexpected happens they immediately pull out.

Yes this is right of every person here that he can use bitcoin or any other crypto currency just as per his own plan and strategy. But for those who have tried so many times but didn’t succeed, they must review their decision. Basic reason behind their quitting response is that they can’t just make good memories and results from trading. So they better chose to leave as well.

Quiting for good is better for those who failed with cryptocurrency expectations, and with that I must think that the frustrations caused this to happen. However you need to move on in case you've encounter some feeling of regrets, and leaving cryptocurrency is a final conclusion.

Some of my friends invest in the form of trust, but lose 50 - 80%. When the BCC investment trust model collapses, other types of virtual trusts are heavily impacted. So do not invest when you do not really understand the market, which is a very dangerous investment.

We need to learn by doing. But as newbie with less experience in trading, especially when dealing with red portfolio, maybe they can try it first with the small investment instead of quitting the game.

Agree with you but people also can say this is my money my life, stay away. We all know start trading/ invest with out knowledge is bad idea but people already have mindset that big profit is easy to catch, wrong brothers. Most of us will do the right thing with giving them advice to learn and practice to know how it work, but the result is fail. Just give them suggestion about the risk, rest of it leave it and let them know reality.

What is making you think that most people here are for trading? Some of them certainly are, but the majority don't want to be glued to their screens as this is what trading means in practice, that is closely following the price throughout the day (and likely night too). Further, the whole cryptomarket is relatively new (just a few years), so everyone here is essentially a newbie. Apart from that, it is not a rocket science either, how to open or close a position. Every normal person can manage that and learn the tricks in a couple of months (sending and receiving coins, etc). It doesn't mean that he will learn to trade but as I already said, most people prefer to hold anyway, not to trade actively.

I cant agree 100%, what you say here is a part of learning in trading. Without it, newbie wont be able to improve their trading skills/strategies. It does not mean that trading is not for them, learning by mistake is a good thing to be a better trader. It will only bad if they keep on doing it without evaluate what they did.

Newcomers will always be disappointed since they refused to take the pain to learn and understand that joining FOMO when it comes to trading is the last thing anyone want to be doing.

We are in an era where a lot of people simply do not understand that the volatility of the market is huge and for you to be able to play safe in the market, you really want to at least have some basic trading knowledge but when you tell them this, they come up with the theory buy low and sell high, while making you feel like you are trying to scare them away.

Are you out of your mind? BCC or bitconnect was a scam. A pure scam disguised as an MLM/HYIP. Made for the ones who invest first and scam for those who dont sell it to get money. Its the profit styled pyramid scheme which is going to collapse in future - those are pure scams and newbies often fall for them.

So next time dont invest in some HYIP scam and then call trading as "unprofitable". A major chunk of crypto profits come from trading and inexperienced people will always say idiotic stuff that seems just the opposite.

Not only trading mate. Every thing you need to take a time and learn it then only it is possible to do well verse. As I know there are many people invested on trading site recent days and trying to make money out it bro.
If you really stop the people in trading then you can see the marketplace volume will go cheaper bro.
Without evaluation you will be find the bad experience with it and then you need to admit the lose and profit both.

If you think that it is your forte then you can look for other ways to earn money. But if you think that you still have the guts and willingness to learn how to do it, then continue it. Do not let failures nor losses tell you what you can and can't do. Sometimes it is a challenge you've gotta face. But if you want to play it safe and to not lose money anymore, then try to divert your attention to other options. You can offer services within your skills and knowledge.

I, myself, knows that I am not good at this. Though I am still trying.

Some really should not even be called traders as long as they did not go through the path of learning and garnering some experience before going ahead to start trading. Trading is a profession and one that comes with a lot of decision making which is hard to make such decisions without very good knowledge.

As long as wannabe traders start getting the idea that this is a risky and volatile market, I guess that would make them to understand why they should not just assume things will go smoothly for them without any knowledge.

While many jump into crypto trading blindly, make mistakes and loss some funds, the motivation or challenge of seeing others succeeding in the crypto world is what has made many folks to stay up until now. Saying from experience.

Any serious person who want to succeed must be ready to learn fast. Though you may make mistakes, you must pick up yourself and move on with anticipation of success ahead and dream of recovering what ever amount you may have lost. I learn everyday.

It's just as small as trading and does not even know how to get it right now.
 they thought it was easy and I did not understand that the price had to fall and that I needed to increase the price of tokens and altcoins as I think they really need to study and I think it's good advice for you to just trade in trading .

When started in crypto trading is for the better use small capital first to test our skill and knowledge about trading strategy. Actually when you jump in to crypto market you should have skill about trading to maximize the profit. And compared forex trading, actually crypto trading is more easy to gain profit, now we should have extra patient and do not greedy.

That mentality was exactly what made people to join FOMO, some even did go to the extent of borrowing to be able to enter into the market and now suffering huge loss and unable to pay the loan.

It is absurd to think that the market is a get rich quick scheme when indeed it is not, and it is because of this they get to panic easily when things start beginning to go unexpectedly in the market, and in such state, making decision without applying emotion for those in this category is impossible.

Trading in cryptocurrency is not profitable to everyone. The one who has more knowledge in trading or cryptos they have will win. It was just like gambling with ideas or cheats and there will be winners and losers.

Well it takes time and effort really to be efficient in trading and even then, there's ni guarantee of a successful trade all the time. You have to be prepared for things not going your way if you want to be a trader and how to be positive and composed amidst all that

Yes, I agree with you and also, for that,
There are two factors that move the crowd in the market, greed and fear of losing, and how to avoid this?
-Putting your brain to work and investigate, -look for the bitcoin graphics
-Looking, watching videos,
Educate yourself - you do not use borrowed money and credit monet

You must use your brain during corrections, you must use your brain during trading and above all you must use your brain when you have just entered the trade.

Any newbie that is even expecting to start making something huge immediately from trading is joking and that idea of wanting to get rich pretty fast is what has put a lot of them in jeopardizing their investment in the long run.

Trading comes with a lot of attention to details, learning and trying to find ways to do it better but as it is, so many newbie traders do not always want to go through that path and feel gambling their way through they are all aware of that trading will be better for their efforts. We never need to quit trading and if we are not good at trading then taking some rest may be a good solution for finding ways to make money with trading.

Actually trading is an art and everyone is not an artist,Trading is for those having passion about it.Being successful trader need education about crypto world and coins and well versed about the factors which effect the market.No doubt trading need efforts and patience but trading is also high profitable job you can earn more in short time but first learn and then earn.

Trading carries a risk and one should not trade more than what they can afford to lose. Borrowing money in this market and using it to make some cash will have some bad consequences surely. They wont be able to pay back now and have to suffer higher debt.

For the humans their emotions tend to leave a mark. The average people trading are those hoping to get huge returns within minutes and will start complaining and crying everytime the market falls. They dont have patience nor do they have control over emotions or determination to hold. Nothing can be done for those who dont want to help themselves.

a large number of newcomers to the market need to make a lot of money turnover. without beginners the amount that you can earn very much reduced, so everything is interconnected

According to me, trading is a business if you take this seriously then 100% you will succeed in this business but it's not an easy job if you don't have skills once or twice you can make a profit just by your luck but to become a pro trader you must spend your time in crypto world. you must learn how to trade when the market is red. most important is don't give up when you lost money because in trading we can earn back our lost it is possible.

I think if you exit trading cryptocurrency you only people who get the loss because with cryptocurrency actually you can get a lot of profits you have to be more diligent to read to get the benefits.

There's a lot of trader now are experiencing losing their money because they the market now are turning into red or decreasing. The most best to do is to stay to trading and don't give up because once you sell all your coins and the price increase again you lose your money and never back again your capital.

If you have the knowledge and patience, you will win and earn profits from the cryptographic market, the cryptographic market is not for those who are weak and have no willpower. Where you can earn a profit, but mostly you have the ability to generate income for yourself.

People who are panic aboutt the present situation will always sell when the price starts increasing. People who have knowledge will always hold the coin as long as possible until the piece starts increasing. People who are holding will always make a good profit when the market starts recovering.

yes you are right cryptocurrency does have its own risk fixed with trading with cryptocurrency I can get very much profit that you can do if you know the right time to buy and sell coin. I decided to keep trading cryptocurrency.

Not that I particularly disagree with your point or anything, but let's be honest, for at least a couple of years (starting early 2015), it had been just about buying at whatever price and waiting patiently till your investment doubles, triples, and so on. So it's no surprise that a lot of people got used to this never-ending growth. In simple terms, your gross profits were determined not by your trading skills and expertise but rather your patience and "profit tolerance", by how long you could bear to see your profits multiplying before cashing out.

But these days are apparently over by now.

I actually quite agree with what the OP said, and yes a lot of new comers are coming in and joined trading with cryptocurrencies because somewhere someone told them they can quadruple their money if they invest in cryptocurrencies. But its not right to say trading is not for you, we can instead encourage then to learn about thrm because they will benefit from it anyways.

Trading is not actually for anyone just like how piano is not meant for everyone.In the case of learning piano, you can always learn the music and how to play the instrument but if you did not have the skill then you will not be like the best pianist. In trading scenario, it also requires skill and knowledge and not all have been blessed with that skill. Yes, you can trade, you can learn how to trade but if you are not meant for it, then you won't master it.

Trading is stressfull and definitely not for everyone. However, you can't start your trading career without getting burned first(you really can't, everybody suffers a big loss at one time or another). What you can do is minimise the losses you make by doing good research about the coin you are trading and about trading in general. That way you at least have a good knowledge foundation, if you lack the experience.

Begin fast to get rich is not good for sure so I think we should wait for long while holding our bitcoin, It is sure that bitcoin is the most promising currency buy as you said losing hope is not good for us, trading needs a lot of fine skills about internet and about crypto currency, the more your will put your time and attention the more you will earn from trading,  quitting trading can be like giving up at your profit so don’t lose your hope just hold your bitcoin for long term trading I am sure you will be one of most rich person in our community.

To buy at low prices and sell at high prices is an important issue that is difficult to do, so now is the time we buy, the price of altcoin is severely reduced. Perhaps in the near future prices will rise again.

Yeah right, aside from trading there were so many ways to earn in crypto, better quit trading if we dont have much knowledge on it,, maybe prefer long time holding.. those who profit more in trading knows how to understand the chart and can predict whats next..if we are low IQ you were right we must quit trading.

You can only truly learned trading by losing and then learning from it so that we will know what not to do next time. I believe that all traders suffer a loss at some point in time in their trading career as no one is perfect and for those who are already profitable, they learn from their losses and get back up again. Those who weren't able to cope up with their losses just quit trading and maybe some just become a holder/investor and wait for their coins to have some value and others totally with draw what they can and never turning their back again. This is the reason why not everyone can be a trader because not everyone can take the stress of trading and not being able to control their emotions.

False expectations are one of the biggest problems that I see in this market, it is not rare to see people in the forum asking how they can get 100x in their investments, while it is possible to get those kind profits the truth is that those that did got lucky or were geniuses at selecting the right coin at the right time, so as you can see people have very unrealistic expectations about what they can get and when their expectations are not fulfilled they take greater risks losing money in the process.

yes you are right if you do not have better trading skills you get out of the world of trading first and learn to be a good trader and can generate profits very much.

This is absolutely true! People follow the "heard mentality".
There's a saying that, "if you heard it in the news - you're already too late."

Crypto is no different. Also, never invest your hard earned fiat in crypto if you are not ready to lose it.
Caveat emptor! Use only what you can afford to lose.

If it's a transaction you do not like it and they do not give you, you can stay silent and do not worry about them because they are not the type of transaction you need or need to trade.

Those people that do not know what it is to wait and to be patient must not even start to trade. Trading is for those guys that are very patient, have really good nerves, and never take the decisions too fast.

I believe that you can not just come to the market and give advice. we need to teach people to check the source of information, and not to trust him immediately.

Patience is a must but too much of it would really still give you some negative effects therefore you should know how to utilize such patience you do have. This do always matter most on decision making.
Experience do gain overtime and cant really be easily learn. Quitting is not a solution but if you are already engage on trading for a long time but still you end up on negative profits i think trading isnt really for you.

crypto trading is for the not for everyone
one should start by using small capital first to test their skill and knowledge or trading strategy.
Its a game about being patient and hit the right spot on right time and only then can you really make profits

One must have adequate knowledge in order to be a profitable trader. Cryptocurrency is a volatile area and you need knowledge to operate, knowledge to read charts, knowledge to research to know which coin to buy, etc

Trading is not easy to succeed in a volatile market like cryptocurrency so take time to learn knowledge and experience from a variety of sources and real trading experience in the market place. Appropriate investment direction. Trading is not for those with weak psychology, so please identify your investment professionally if you want to succeed.

That's right,  trading isn't just easy as people think about it.  It needs more time to learn and acquire more knowledge about it before taking a steps into this field.  You might get loss if you don't have this tools, it also needs to control our emotions since mostly people get lost just because it these.

crypto is nt for get rich scheme we cant make money overnight we should concentrate more on technology rather than growth of coins

Its not for the lowlife bounty spammers whose job is to dump coins at exchange once their bounties pay out. They are the ones who make the a potentially profitable coin look like a pile of shitcoin with a huge sell wall.

Small cap or big cap its all the same. If you dont have control over emotions and want to trade you can very well get ready for losses at one time and gains at another time.

Timing and analysis of the market to know which time is good to enter the market are essential.

False desires are one of the most serious issues that I find in this market, it isn't uncommon to see individuals in the discussion asking how they can get 100x in their speculations, while it is conceivable to get those kind benefits in all actuality those that did lucked out or were virtuosos at choosing the correct coin at the ideal time, so as should be obvious individuals have exceptionally improbable assumptions regarding what they can get and when their desires are not satisfied they go for broke losing cash all the while.

In my opinion they repeatedly repeat this cycle even if they know they have a bad experience before. Someone should really learn from previous experience and see what they are upto. Many new people are in kriptocurrancy because they think cryptocurrancy is Can make new arrivals get rich.

Cryptocurrency is one of the way to be rich, but it needs more time to study and learned everything especially in trading because you will easily lose your money if you didn't study it very well.

Thats right , trading is not a childs play . we should avoid trading as early as possible if we dont have experience on business or any other marketing schemes  but we should not have to quit cryptos  because cryptos isnt all about trading , cryptos is about services . everyone can be able to use cryptos even he or she dont have a background in trading .

You might quit if you don't have time and eagerness to improve your skills, crypto currency trading is all about ups and downs, if you know how to make a good entry then you will be able to gain from it, continues learning and capability to take alternative decisions when things are not favoring you is a must, people who loves trading are those who have a lots of knowledge though there's no perfect timing but it can lessen your chances to burned out all of your investment.

You are very much correct in what you just said. Many people do not ask questions or try to learn before investing. You must be willing to get Information and that would help you to make 70-80% right choices in this trade as this is a volatile market

Many people wants to make money out of crypto trading but constantly loosing and still insist to do trading. Maybe it is better for them to quit trading already, there are more ways to earn out of cryptocurrency after all.

If you followed, you should follow for a long, do not miss midway, so wasted effort and loss on your capital. In my opinion, you should focus on how to learn and analyze pennies.

Trading is just like gambling if you are not on gambling you are not good also in trading you need to put an effort and patience because trading is not easy you need to fail first in order to have learnings. If you want to be good on trading all you have to do is research and study the trading method of the professional.

Why quitting into this crypto tradings,this means thats you quit also your dreams to achieve your goal to become rich someday with the help of cryptocurrency investment,there are saying thats a  "winner never quits and a quitter never win"so therefore if you have an ambition why quits now just continue believing in  yourself,because someday all this will back to normal and become profitable,otherwise learning in cryptocurrency will based unto actual experience.

Exactly, there are many people who are investing in cryptocurrencies and are totally uneducated about this market. They don’t know what the market is all about, how it works, what its motives are and how to use this wonderful technology. They are treating this market like a gambling market where they trade on luck. But I don’t think so that one can survive in this market for long on the basis of their luck. Someday trends may against your expectations causing you heavy losses.

There are so many traders who have stopped doing trading and that is because of the reason that they find it very much difficult to deal with the things related to that of the trading. If you are unable to perform well, then there is no such point of pushing yourself harder and that too for no reason. You then need to look for some other ways which can help you bring money.

If you are new to something especially trading or investment you must learn the basics first. Cryptocurrency is just too risky. You need to learn what crypto is, how it works, how to earn it and how to make profits from it. Because jumping and investing in it right away without studying it thoroughly the result would be regretful. Do more research and try to learn new things everyday to be able to understand fully what you are getting into.

Most of the people doing crypo currency trading like a gambling,so if you don't have enough skills about trading and analysis then go with long term trading.It just need patience and the margin rate that how much you need profit from your investment,util you reach into that point just hold your coins.

Agreed, trading is not that easy. there's no such thing as invest now hundred percent growth tomorrow,
study and effort is necessary, if you don't have the qualities then there are many alternative investment out
there that might suit you,

Yes I agree with you..trading is not that easy as what others think..even pro traders got big losses too..it needs a lot of time to study..youtube is a great help to newbies in trading..many pro traders are sharing their ideas and technique and most important is to know how to read technical analysis..this is what I need to focus..better study first before starting to trade and start with a small amount and dont be greedy... for me,no need to give up coz there's a place for growth and improvement..

Yeah business, investment, or trading crypto is indeed the right way to earn wealth. but you need to learn more about crypto.
if you're not smart yet you do not have to quit from trading or investment crypto. but all you need is more hours to learn about crypto

You can earn on anything, in mlm, on crypto currency, on the sale of toilets, it all depends on the person, how purposeful he is and how much he wants to make a profit

Financial markets and cryptocurrency are also very risky and investors should be aware of that if they want to succeed in this market. There should be a clear investment strategy and plan for long-term development in this market, do not invest without having any idea about it.

Knowledge is another factor. The real pessimism is just because we had a down market and it is never easy to earn money by trading in the recession phase. Besides there is no perfect trading concept as well and when the market is imperfect, you just cannot blame the crypto you are trading.

Quitting trade is never a solution because the market is not static and dynamic and we have a recovery phase right which implies that one can trade when market is in good vibes. Besides trading, there are other ways to earn money as well. If one way does not work for you, try another.

Well, there are some different opinions about this thing. There are some people who don’t want to go in trading just because they don’t have interest in it but for some odd reasons, they only want to earn money. This objective let them take this initiative but they don’t learn about it. So you are talking about such people here. Else traders are mostly winning the cases.

Agreed, doesn't mean someone profited in trading means you can do it too,
trading is not for everyone, evaluate yourself first.

I believe that many of us are entering the market only with the desire to profit from the bitcoin trade, but you can see that the market is fluctuating continuously and is in a bear market, because So I believe that if you have a lot of losses then you should try to divest and withdraw from the market. You can see that financial markets are not for the masses and few can succeed in this field.

As what they say, trading is not for everyone. According to the survey, only 10% really profit from trading and the rest just basically give their money to those who are in the market for a long time. Eventually, when you will not be able to adjust and still can't manage your emotions when trading then it is not for you.

If you are impatient and cannot stand waiting for the right time to buy or to sell then you should just invest rather than trade. Cryptocurrency trading is risky and since it is an unregulated market, many are still taking advantage of it doing pumps and dumps.

The idea that cryptocurrency is a quick money spinner is totally false. You have to have something solid to exchange for cryptocurrency or you buy cryptocurrency to hold it for profit for as long as possible.

The idea is actually correct, cryptocurrency is a quick money spinner because those who are invest while the market price is low are all earning a huge amount of profit.

We have different shoes to fit in so if your friend had a good luck here then it doesn't mean that it will happen to you as well.  Some are really blinded from having a huge return here and they can't actually manage their expectations throughout, and it's really sad tho. Though we say experience is the best teacher but if you're losing more than you profit then maybe you should take a break and realize your mistakes. If something is meant for you then it will be.

The fact is that many people fail because of the evaluation of their capabilities. Blame for all the poor information content of society. Every user who comes to the crypto-currency business is looking for big and easy money, but the reality turns out to be quite different.

I think we should always put in our mind that trading is not really for everyone who wish to earn quick or long term profit.It needs a thorough research first and understand all that you have read or seen because in  real trading,everything is quite complicated.But as long as you have  the full determination to learn continuously and had developed patience,then i think you will succeed in trading.

I also believe in you that those who are fearful and continue to do the cycle of buying low and selling even lower until none is left should quit trading. Trading is not for everyone, just as not all is fitted to be a president. Trading requires skills, good decision-making capabilities and emotional strength to survive the wave in the cryptomarket. Though skills can be acquired, they should assess themselves first if they are really on the right track. It's only through this, they can succeed.

I think for most people is also the element of panic over the market crush and the misconception that if it's written must therefore be true. There are a lot of false news and people just can't make that distinction. 

You're about what you said but the only thing that I think it usually cause that in most crypto currency trader is the greediness act which literally lead them to investing more than they afford to loose and once they don't start small/set an amount aside they will be too emotional.

Honestly, I can't imagine there are people will invest without learning about the market first.
Many people have tried, but they just failed to determine a good entry point nor didn't have the patience to wait for the price recover.
Different story for altcoins market, some coins have real potential while most of them aren't profitable classified as shitcoins.

Unfortunately, there are a lot of such people. They for some reason think that it is very easy. Also there is a part of people who even try to understand all this, to study the information, but for some reason they can't do it. I think that all this can be explained by the fact that people have uncontrollable emotions. At first they are overwhelmed by a strong desire to earn, so they are trying to learn some information that will help them to make money on the crypto market. Then comes a whole series of emotions (fear, uncertainty, greed, disagreement, panic, etc.) with which they simply can't cope. Man needs strength, patience, intelligence and perseverance to achieve his goals. And most people are weak and lazy.

Yes trading is not for everyone but that does not mean we need to quit the crypto scene already  . if we are really dedicated on our passion , we can still learn it and make our selves to improve more .  remember , all succesful traders do also start from noobs and they did also loose a bunch of cash just to do a trial and error .

But if you really think that trading is not for you , then you can just move on and try other things like investing and gambling .  sometimes , all you need to do is experiment to see if what is best for you

Trading or investing crypto does not just rely on luck like in gambling dude, you need knowledge and even a good analysis,
you have to be smart in choosing and investing in potential coins, you can not pick at random with your luck..

actualy in this kind of investment especially in cryptocurrency everythings have its own passion,and its up to us,which would we thinks is most suitable for us,but in the carrer of trading,its better that we must learn a lot of experience before we consider our self an expert about these kind of bussiness,so we can gain a good trading and a  good profits of our capital that we invest,being a novice into this of investment is a part of learning to become a good traders someday.

You can't actually dictate people to quit crypto trading at any point of time because even them can't really decide exactly to quit or continue trading in a losing manner. Despite all of that, they keep on doing it because there are really people who have strong belief that they will have a better trading time struck with luck in the coming days.

You're totally correct because cryptocurrency trading and gambling have almost the same fever. However, very successful trade need to accept debt and every day is not Christmas you know.

the point you have made is very accurate as there are people which I have seen with my eyes that think in crypto you always learn and never lose, so they wish to invest their whole savings and rent money extra.

Maybe acceptance can make a difference, if a traders understand the risk and he can pursue and continue his journey then it's still good for him to  play inside the market, but if not better to quit while there's still a time, the market is volatile and can eat us up alive, whales really play a lot and the fluctuations seems to be hard to analyze even you deal with every aspect that you know that will affect the movements, understanding and accepting that in this type of business you needed to have a guts to succeed.

This's what the market calls the zone of meeting people or users both new and old, various characters of people all gathered here to get their luck in various ways, whether investing or trading. There's no one, who can regulate them in carrying out their activities on the market.

I think that this is for me because i like taking risks if knowing that this can bring me money, a lot of ! i like the main idea of crypto currency and think that this is the best way to earn a living now

Actually agree with you in many respects, but do not put a cross on the trade just because the person came here not with the topic of expectations. Just need a couple of times to lose some money, then not to repeat your mistakes. ::) ::) ::)

I don’t think so that there is any such point of quitting day trading if you are performing well in trading. We all know this fact that it is not possible for every one of us to do well in trading but the ones who knows all the techniques which are required to make some good earning, they should keep on doing that. If you think you are unable to make any significant earning, only in that case go for quitting it.

I think that everyone has the same level when first time joined in cryptocurrency. With any newbie, he definitely feel strange with crypto world, he got into a big trouble and both feeling like giving up because as you know every field in this market is all covering risk. Especially, there is no doubt that trading is full of risk. However, if one who have enough aspiration to conquer this job, I think he can take all advantage from this  market’s providence  to do well  for trading. Nothing is impossible as long as you still give time to study and never stop trying, you would completely be more likely to reap a huge fruits in trading.

Yes.Trading and gambling are likely similar but trading can be learned particularly for new beginners to avoid more losses along the way.Unlike gambling that depends more on pure luck.I believe all of us here had experienced losses in trading so it really depends on ourselves already on how we make our trading experiences more profitable in the coming trading days.

It is true that e-money investments bring you a lot of money. But not everyone is capable of doing that. Those who lack the knowledge of electronic money if hurry to invest money is dangerous. You need to know the market situation if you reduce the price you can stop investing in crypto.

I won't really say that, I believe crypto is a global currency that would definitely be accepted as a legal tender some time to come. So if trading is not for such, when crypto starts ruling the world of currency what do you expect such to do. I believe the better way to this is, if you want to trade, it is not difficult, go for the learning and technical know how, to avoid stupid losses.

I agree.Since trading can be learned in numerous ways,then find times to make it happen.Because if you really want to succeed in such thing,you will not just quit from it easily.Otherwise,you will exert more efforts to make it work for you so as to avoid huge losses the next time you trade.

This's one of the effects, if they don't think carefully in conducting cryptocurrency trading, are vulnerable to panic, don't understand how cryptocurrencies work, lazy to ask, even when they sell they never think, that the impact will cause people others suffer losses.

In cryptocurrency trading we need more better management of money and risk because volatility of crypto so high, and if we can manage the risk and do not greedy will make possible to earn huge profit. Personally i did many mistake in crypto trading, but from this mistake i have more experienced and try to make better risk management. Patient also should be in crypto trading, and if not patient is better left from trading activity.

Irrespective of how much rumors about the technology and crypto prevails in the market, a determined man will learn about it and will invest in crypto. This is all about your mind set. And about trading, I would say that it is never perfect and not very easy as well but you can rely on your experience and keeping the current market condition, you can modify your trading strategies which keeps you safe in trading and can earn your pretty much when the price is appreciating.

There are a lot of comments from the world's leading experts, but in my opinion, from my own experiences, my own empirical research are the main factors affecting the profitability of the assignments.

There are several reasons why beginners pursue crytocurrency trading. Information that trades cryptocurrency is easy and profitable, is an attraction for beginners. They do not understand playing trading where their learning needs, it takes time, failure, even boredom when the expected benefits have not arrived. So when trading losses get bigger, temporarily leave everything unfinished. Then learn from the beginning, discipline, observe those who succeed takes a long time.

Mainly, newbies are fund of this mistake and the always rush to buy when the market is rising. The rule of crypto is to buy low and sell high but most times, they do the opposite and this affects them so much. You must be prepared to learn the basics of cryptocurrency and if you do not feel like learning it, it means cryptos are not the way

I have time trading, then now i know, crypto market not belong to me. I was fail, i lost 70% of my money when invest alt, btc. Now I trying earn back my money throw bounty

What's saddening is these people simply jump in blindly and the worse part is when they cut their losses by selling all what they have when see their investment go south.

I also lost more than 70 percent of the money invested.But we must not give up and go only to the end,until you buy a football team . After all, who knows what the crypto market will give you tomorrow ))

And such people intensify any market trend in wrong direction because of panic and FOMO. They tend to follow others which results in wrong step taken at wrong time. This makes them rekt and then they start with threads complaining about BTC and calling it dead. People should understand that following anyone in trading has never been profitable. Always DO YOUR OWN RESEARCH.

Everyone losses in this bear market, 60-70%. I myself did lost but I'm making some adjustment on my trade and try to recoup it. You might as well do shorting specially on altcoins and it seems working on my end. But if you are tired and doesn't know what to do then its better to get out and not get yourself lose more, just a piece of advise.

If somebody thinks that trading is not for him, it does not mean that he should quit dealing with the cryptocurrencies. There are other ways to earn on the crypto: investing, Bounty, airdrops.

Many people do not clearly define their purpose and form of investment Crypto. They may find that others are profitable from investing in Crypto, so invest in it. But they do not know that those who have had these profits have had to study and undergo a lot of fluctuations to be able to do so.

Yes, many people live by dreams that they will be lucky one day and they will become rich. Unfortunately, these people do not understand at all that in order to constantly receive good money you need to work constantly. You can not rely on luck, you always need to do the maximum work in order to get the maximum profit.

Yes, and they envy that success and they want to achieve it as quickly as possible. I think boastful people tends to lose in trading because they just want to get rich to brag and brag to the people they know. But for a calm person, they will be patient and trade smartly and they are the one who does the trading  very well.

If you have a goal to succeed in trading or in the field of cryptocurrency, then knowledge, experience, attitude, and discipline are the necessary factors and make it a habit. If trading does not work for you, change the strategy or plan, but never the goal. Aside from trading, there are also other great opportunities cryptocurrency has to offer, like investment, bounty hunting, posting, or airdrop. Continue to learn, explore, be strategic, stay positive, and don't lose hope.

It is indeed not possible for each and every one of us to be good at trading and that there are so many people who quit doing trading even after spending a lot of time in it as they were unable to get what all they wanted to because of trading. There is no such need to push yourself and that you should only continue doing it if you think you are getting enough of the profit from it.

I look at trading as a very risky endeavor and it is pretty much just gambling (espcially if your using bitmex to short etc. etc.) I trade on very rare occasion and when I do it is small amounts of money but it does feel cool when I make good trades, but to me it is mostly luck. No one can really know what the market will do you can TA 24/7 365 but I don't think you can really know at all what this market will do from day to day lol.

I always tell my friends that bitcoin or any other source of income isn’t for everyone. It really doesn’t mean that bitcoin is suitable for me, so it must be suits you. No, this isn’t the case. Everyone is good in something. If you think this isn’t for your own interest and you aren’t getting anything good from it. You aren’t being involved in it thoroughly, yes this isn’t for you.

That is the major reason we should not investing into cryptocurrencies without any knowledge on how to trade professionally.  Many people are having problems with there investments because they buy bitcoin at a very wrong time and that is because they jumped into the market because of the FUD.

what they do is the same as running by closing their eyes, they should learn to trade with small capital, read more about the altcoins they are trading in, then develop it all in order to make a big trade.

Yes that is right that some people are not fit for trading, they do not have the courage to put their money in bitcoin and even they cannot bear the lost that is very much possible in trading. I think only bold and good decision taker can be successful in trading.

Good advice, but maybe I should let you know that without the money they are losing you wouldn’t have any money to earn as profit., that’s the hard truth. When people lose, there are people who gain. Well, the thing is that everyone would continue to try their luck and when it doesn’t work out for them they find another way and leave. If I happened to quit when I was being told by people to quit Bitcoin trading, then I would have missed the opportunity I got now.

Yep man there are lots of people who don’t know how to trade, some of them are just newbies and some just jumped in and trying their luck to see if they would make any profit from it. Trading Is very risky and is not meant for everyone, and profit doesn’t come at all times and even experts do lose their money too. Os if anyone wants to do trading they should take out time and learn it first, after learning it then can go ahead and trade. But if they happened to be seeing much loss than gain, then it will be better for them to just quit immediately.

How can a person trade if he refuses to learn the stuff about trading? Only those men that are eager to work hard, ready to lose sometimes to gain later, who are very ambitious and resourceful can deal with this business.

That's why crypto trading is not for everybody. There will be people like you who'd gladly take risks and there are also those that can't afford losing capital or holding their money for a long time. Better to find other investments if you're not willing to make high risks because crypto won't be for you.

It is very much difficult to control your nerves especially after suffering some loss but I don’t think so that quitting of the trade is a very good idea and that you need to learn from the mistakes and that the only possible way from recovering is to keep on doing trade. If you will quit doing trade, you won’t be able to make any profitable earning and then you have to start from the crash.

As in the above quote crypto market is highly associative with risk. Unpredicted market changes will happen in no time, and the same will lead to massive loss. This can be overcome by users who has got the better understanding as well the capital to loss and gain experience to gain profit in the further trades.

But i think in crypto currency everyone has a chance to earn from it. Actually it is a way where we define our luck.  Sometime trading seems like gambling. Because in both we need luck to win the game in gambling and to make money from trading. Many people quit trading because they get an immense loss in it at the very beginning. The main reason for this is that they think trading is an easy job and they jump in it without even getting the basic knowledge of it.   
As is the case in every field, you need to get knowledge and experience, if you truly want to excel in it.

No doubt, it is risky but it is also profitable way to earn money in a short time, and we know about it that every man has his own luck and every man has different luck than others, so it is not true that if one trader has a loss in crypto trading then sure every traders will not success.   

in trading world i think there is luck factor.it is pure because of trading skill.and maybe it combine with little luck.but most succesfull trader they are struggle to reach this stage.learn alot and suffering lose is become their sacrifice.

I am sure that trading cryptocurrencies are a good and profitable thing, when the market is dropping like now, it is daring to make decisions and risks are things that will make us successful.

Trading is for everyone is what we think, but it is just not true.

Well season like this is a good timing to start your trading career, bear market is an opportunity to buy potential coins, however before jumping in make sure to know the basic rule when you trade to avoid the common mistakes that beginner usually commit.

Trading is for people who can take the pressure and headaches when the market is not in favor to take profit. If you're the type of person who only care for money and has no patience then I think its better to not try it or else you'll only lose your money for panic selling like weak traders did.

I think it's not just for you or not, but it's about how we can try the best that we can in trading. and by learning many lessons related to trading, I am sure that we can keep making a profit although it is a small amount. we cannot say that trading is not for us because we don't want to spend a time to learn more about trading so we always getting the loss. no one can master something without learning deeper in that field and without trying more and more, we cannot survive in any of jobs. so with learning and trying, we can say that trading is part of our life to make money and we can survive in the crypto trading.

Recently, I saw people complaining a lots and adding  for favours.  The new cryptocurrency traders sadly refused to learn,  they just want quick buck.  Some will beg telling you how they need to pay their rent etc.

you can quit if you are afraid of taking the risks as trading then might not be meant for you.

I think it is in general not meant for everybody and you must not risk money.

It is clearly not meant for everyone as there are many risks involved in this.

It is the newbies that are attracted to this and makes it difficult for everyone.

I don't think that it is good to judge about other people activities, that's not correct. Everyone should decide for him personally what he should do.

I totally agree with you on this. You have to use your minds to be on this all the time.

It is not really for everyone as you require the presence of the mind.

You may find that to be successful in trading is very difficult, not you keep analyzing exactly how to earn money. You may find that trading psychology is a huge problem for you to succeed. The market is fluctuating continuously and is in the bearish trend in the long term so the bitcoin price may drop at any time. I think you should not continue trading but wait for the market to stabilize.

Trading is for everybody who is willing to learn on mistakes , who is patient enough and able to control  his/her emotions.
The most difficult for newbie traders is to accept loss as they want to make profit from each trade which is impossible.

More precisely, cryptocurrency is only for those who want to strive for its success, not the enthusiasts with instant results can make 100% to 500% in a short time. Remember, bitcoin is not a gambling medium.

To make profit from crypto trading we need education from professional  trader,  this way will be make more faster to understanding how to make management of risk and money. I did learn trading by self and i dont know how to reduce the risk and how to secure the profit and finally i loss  alot of money. Even i did know how to use stop limit function on the exchange because no one explain to me how does it work.  So we need education first before put real money in to crypto  trading.

This is always depend upon the situations because Crypto trading did not teach in the schools. It was learned here in the crypto atmosphere that even how hard you try but still you have no luck to earn that instead only lossing experiences then better to really quit this investments because maybe its not for you but if luckily if you will earn enough then its another story. Try and try until you succeed.

People need to accept that there only few people who really gains from trading and the most number are who loses. That is the rule of the market here so if you know someone who gains a lot then it's clear that it came from people's loss that are mostly newbies.

Trading is only for those people, who are ready to spend online many hours every day. For those ones that are not afraid to take risks and do not feel depressed if they lose. Traders are patient, strong and persistent guys.

if trading is not able to provide profits and cannot grow the assets you have, then you should be able to get out of trading cryptocurrency and do other jobs, but if you don't want to give up then you can learn the right way of trading so you can get very much profit .

It is the promise of the profit that keeps you going and making you do things.

It is quite unfortunate this was the same experience and school of thought I had, have seen a lot persons making fortunes from here that I decided to join in, but again, I ain't quiting, I am taking my time to learn all and quite happy with the knowledge and experience so far, I know it will all bounce back

I think opportunities are always available to those who grasp so you will be successful if you know the right opportunity at the right time. This market still has great potential and I believe it will grow strongly in the near future with many applications in practice.

Yes that is right and some time same situation we face in gambling. I think that it is too much important to get some experience first, and after that should try to invest a big amount of money in trading. I think that we should increase our trading investment when we realize that now we have good control over our emotions.

 High probability trades with good risk to reward ratios (by using stop losses to limit risk, and using TA to guesstimate probability). You'll need a lot of learning and practice for the TA part, but applying this simply using major support and resistance is a good start. Ideally backup trade ideas with indicators (e.g. shorting a major resistance while hitting the top of Bollinger bands and RSI extended or showing bearish divergence would increase probability. Stoploss just above resistance with big drop below allows good R/R)

But have you forgotten that for someone to be a winner there will definitely be another person who is the loser.You win and those who lose are how you get paid, but anyway, trading is not for everyone like you said, so if anyone has been trying trade for a long time and is still unable to earn from it till now, then their objective is to quit immediately than continuing to lose their money. But if they think it was as a result of not going through practice then they should take a break and go through some training's.

it is the thinking of new players in trading crypto currencies to get a profit in a short time, they do not know that to get profit through the process, maybe this will make the crypto value always go down in the market, as a result of their panic when they see prices always drop

Cryptocurrency requires basic understanding and you need to learn these before doing anything in this market. This is a very sensible market where the people that knows what they are doing thrive.

Trading is an act of transferring wealth from the impatient to the patient

No matter what you are told and your personal experience in cryptocurrency,  you will have to learn cryptocurrency activities which includes trading and investing by the things you will suffer.  Losing money to bad trade and gaining insane amount of money is all part of cryptocurrency experience!

The overwhelming majority of traders agree that psychology holds a leading position among the factors of success in trading on a currency exchange or stock exchange. By psychology, it is customary to understand the internal state, in which the trader commits operations on the stock exchange.

In the midst of market trading, the trader's psychology, his attitude, have a strong influence on his decisions, and therefore on the results of trading. Everyone who thinks about personal effectiveness can remember when emotions prevented productive trade and influenced the course of decision making. Therefore, the psychological preparation of the trader is important for both beginners and pros.

When you make lose then sure it is not for you. But when you can make a profit then can you tell same comment? Please be sure about your increase trading ability and patience as well. Cryptocurrency only can be profitable if you can pick it in the right time. Look, now at the moment Bitcoin going to up. Slow but up moving. And you must know if Bitcoin going up then crypto also follow it. Just keep some patience. All things have up and down move on its own life.

One thing that I am afraid of is to enter ine thing that I do not, that I am not sure and I have not enough knowledge. I do not know why some people do really invest without enougj knowledge in investment or even in crypto. Crypto us risky and even me, I know I am still not good at trading. I still make mistakes even though I am very careful at it.

It will be great if before starting any business including the trading activities, the person will weigh all pros and cons. In this case, he will be ready for any situation - loss or an award.

I think to get profit and succeed in trading crypto currencies, then experience is needed even if you will get the worst experience because then you will learn and don't give up, learn from mistakes to be better

In order to do something that will learn, trade crypto currency for example, you need to act and make mistakes. Losses are not avoided until you pass your own path, do not learn anything.

In trading mistakes is natural but it doesn't mean that you need to have mistake everytime because once you start trading you need to level up what is your doing so learn how to avoid losing money.

but most of the time they have to start trading with out this for , like no other experience though they keep on learning so as for it when you know how to learn and be patience trading are you just keep on waiting for the right time for you.

Nobody can tell what is meant for you and what is not. Do what do you think could give you profit or what is better to have a worthy investment which can lessen the loss.

I agree. As much as many people have profited from the cryptocurrency trading market, it has also been very difficult as of late. Many have been very doubtful if the market can stay up and if it can truly recover from where it is now. That's exactly the status of the trading market; many have already lost so much because it has been very hard to find success in it, and also, since the market is not doing great, all the assets are having the same trend. Therefore, if you don't really want to strategize and end the misery of going after the trading market the hard way, maybe it's time to step away.

First think about a horse of race. When a horse wins its race then we enjoy this winning moment and horse as well. But when it loses then can we enjoy or can think about why the horse loses in the race? Our sorrow and joy for a horse depend upon our money. If we can make profit or win then we make us cheer but when lose we can’t. If you can’t catch the perfect time for buy or sell a coin then you should quit. But in case of catching a perfect coin in the perfect time then who can forbid you from cryptocurrency trading? 

Forget about gambling and do not even try to compare trading with this risky activities. The person, who is wise enough not to give up when he loses, and go forward, can become a professional trader.

I believe that some people can earn a big profit in their first time of trading and then tell other people that they are making much money so it attracts people to join with the cryptocurrency. but unfortunately, some of the new people don't know how to trade to make the profit and they still trying without knows that this will makes them getting lost. but I am sure that there will be people that don't do this and they want to learn something new which is trading so they can be able to make a profit. maybe they can say that trading is not for them but after they learn more about trading and they are making money from trading, they will say like this, trading was not for me but I learned many things from trading so I can make a profit and now, I still doing trade to earn more profit.

It is true that e-money investments bring you a lot of money. But not everyone is capable of doing that. Those who lack the knowledge of electronic money if hurry to invest money is dangerous. You need to know the market situation if you reduce the price you can stop investing in crypto.

so what do you think should be done when you look at the red market, keep holding, switcing or what?
I personally do not blame the beginners, everyone does not want to lose

It's your own destiny which you can entrust your Future inside this business, its hard to know what can tomorrow brings to your success but if you are willing to take the risk then you can have much better place inside this business, there's no easy way but there's always a way for someone who's willing.

Everyone will be able to know the advantages that they have and that includes the skills and knowledge that will be useful in doing something. Like trading that when there is someone who does not have the ability and the future to become a trader, the person should try to stop and change the flow of activities. Choose according to ability because it will be far more useful than when we force things we cannot do.

Always concentrate on the risk when entering any financial venture.
People are willing to sell you the possibility and potential. But not the risks and hazards.
Always be ready for the losses. And ways to avoid them.

sure the basis cause of this fee crashes are frequently novices panicking to promote all their coins whilst there is an FUD in the marketplace that the whales manipulated and generally carried out by way of spoofing(faking) extent buying and selling transactions. most rookies does not take time to study cause they notion they are able to make masses of money right away but while some thing sudden occurs they right away pull out.

I am sure who suffered losses from this cryptocurrency because they cannot control the patience they have and they cannot take advantage of the existing cryptocurrency price movements and are too afraid of the risks involved.

why always suffer? in my opinion this is a good experience because every failure is the key to success. the risk will always be in any business that depends on how we react without the need to complain. Crypocurrency will always a live as long we still believe it with this world, price of all coin will always change but we never change to get more hope

Failure would really be a stepping stone for you to learn and would lead you to success but it wont really be already fine if you do make such mistake all over again and again.You would definitely keep on stressing yourself out and would suffer.Learn from it or else you would still repeat the same thing all over again.


Emotions is one of the most common factor that do affect traders or investors.Due to volatility it cant really be avoided for you not to react.

Hold it if you feel that the token has a potential to grow more than what you have expected, but sell it already when it is starting to drop gradually and don't just wait until you lose more than you want. Just sell it already if your portfolio already gain some profit then start to buyback after you gain your ROI.

It is thanks to these people, who without knowledge and understanding begin to trade, other traders have the opportunity to earn. Thanks to these people, the market is so volatile. Thanks to these people there are dump, for a profitable purchase, and pamp, for a bargain.
So these people I say for you THANKS!

Trading is for all. Do not underestimate everyone's ability because they can do something that you can't. Trading can learn by individual specially those who have determination to learn. Studying the market by observation will help us to become aware in trading plus the failed experience we have got for the time that we started. Just do not lose hope and always be learned.

Trading is for everyone, you just need to be wiser when it comes to holding and selling. You should be knowledgeable before takin an action; also be patient.

Well its normal traders are also human they have emotions even those trading for a long time have no patience instead they will just sell.

Right. Many investors have no knowledge but still invest a lot and fail, that is because investors themselves too greedy. I think that if you want to succeed then the knowledge is very important and investors need to be very clear before deciding to pursue long in this market.

One of the hard truth most persons fail to realize is that it is not a guarantee that everyone who is invested in cryptocurrencies will make a profit, particularly when it comes to trading, you gains are actually someone else's loss, that is why it is important you are knowledgeable enough before you start

There's a book that I read where it says " Many are called but few are chosen " same goes with here in crypto currency trading. Every community are free to do trading but not all are destined to become a good traders. That's why many of the investors get in into trading industry without any knowledge where in the end they've always loss of money and that is because of their greediness, I think.

Of course keep holding it, that's the best way to avoid loss and it will benefit you in the future, be patient because that patience will bring you for discipline in holding. don't blame anyone, price changes like dumping are normal in bitcoin. so don't panic, keep holding and patient..

many beginners trade while they don't know the science of commerce completely, they just think that TRADE CAN PRODUCE PROFITS, even though trading is not that easy. we need a lot of knowledge about trading and have strong predictions to avoid losses.
our success in trading depends on the knowledge and patience that we have, if we always get losses from trading then it would be better if we stopped for a while to find more science, and start trading again after everything was ready.

Agreed, this problem needs to be addressed. We should spread awareness
about not trading/investing blindly, in other words you invested because someone
told you crypto trading game will give you hundreds or even thousands profit in
a short time, it is possible if you have the knowledge and skill, so study first.

In my opinion, many people want to make money from the cryptocurrancy trade but continue to lose and still insist on trading. As long as they don't learn and they always rush out the same way when they are in a hurry.

Thanks for my trading I'm not paying much money and many times i lose already all my funds I think it's also time to quit this job i will apply many options in cryptocurrency to earn money.

Gambling and trading are totally different things and they are for different type of people. You can expect a good gambler to be a good trader also and vice versa. Both gambling and trading has different type of profit and losses and both of them is done with a different mindset. A trader may not be looking for instant high profits and also will not expect instant losses while a gambler can be rich with seconds but at the same time risk of losing money is very high as compare to trading.  But trading also needs a lot of study which gambling can be done with just fun.

If you think that it is your forte then you can look for other ways to earn money. But if you think that you still have the guts and willingness to learn how to do it, then continue it. Do not let failures nor losses tell you what you can and can't do. Sometimes it is a challenge you've gotta face. But if you want to play it safe and to not lose money anymore, then try to divert your attention to other options. You can offer services within your skills and knowledge.

I, myself, knows that I am not good at this. Though I am still trying.

I don't think you should quit if you lost a trade, there's a saying "Failure is a part of the road to success"
so don't give up or get depress just because you lost a trade, but always remember to know your limits.
Good luck.

It is clear that cryptocurrency is not a get rich quick thing. It is something that needs Patience before been successful in it. You need to learn the ropes very properly before going into it. This is how successful traders did. They paid the price to be successful

Actually trading for anyone, but the conditions are simple you have to understand the trade how to do analysis and research, know the risks, and so forth. if you understand everything then trading can be a good way for you to gain wealth, but what happens now is that many people jump into trade without any knowledge capital..

I don't think its about trading that's why there's a huge number of newbies trying out Crypto Currency. I know a forum from my country and there you can see people inviting others to try earning Bitcoin because there's a lot of way to earn from it, one of them is through signature campaigns here. They make it sound like all you have to do is post something and you'll be paid. You must be thinking whats in it for those who invites new members in this forum. They give them a link to a local exchange site where they can earn for signing up a new user.

I am also aware that there are many investors who have left cryptocurrency now.
I see many telegram groups talking about Offline jobs. But in full I will continue to learn about how to keep on cryptocurrency.

if you have thoughts like that then you are a person who does not want to learn new technology that can make money, it should be for these readers you must be able to learn trading and you must be able to get benefits and not be able to give up easily and for sure you have to be able to control your patience.

Cryptocurrency trading is not for those who are emotional and don’t control the bearish situation of the market. Patience and courage are the main factors in cryptocurrency trading. If you have these qualities you will become a successful trader but if you do not have these qualities then cryptocurrency trading is not for you. You should do some public or private job. Emotional people are not good businessmen.

Such a brat. It is true but I cannot imagine people getting into things that they didn't even know how it operates and goes. If you want to lose your money in the first place, do the research before entering in such investments/trading on crypto, we don't have ETF yet that could help us.

yes that's true, if we decide to trade in crypto currency then we have to learn a lot about trading so we will know how to do good and profitable trading and can avoid losses, so don't do it without any knowledge about trading

Crypto trading has made me experience a lot of fun and progress over the past two years, a lot of knowledge I know about assets and this I did not get before while still working in the company.

I feel free at this time to determine the steps of life, and the biggest challenge is at times of uncertain fluctuations, but that is not very important because there are still short-term methods that can still be done.

I cannot say that I completely disagree with your point as it definitely has some substance to back it up. With that said, however, we often overestimate our abilities and thus overstretch ourselves, then become frustrated and disappointed with our underperformance (as we come to think), lose interest as a result, and ultimately arrive at the conclusion that it is not our thing at all. While in reality we just need to move slowly in the chosen direction and do not make rush decisions. The undisputed boxing champions like Mike Tyson or Lennox Lewis, they all started their professional boxing careers by fighting so-called journeymen, who typically have adequate skills but still not quite on par with future title contenders. This gives prospects the ring experience they lack but without risking their boxing career too much if they chose to fight a top-notch boxer right at the very beginning.

There is nothing about gambling in this topic. It is obvious that gambling and trading is different because gambling is just a waste of time and money while trading is a very profitable business. You can make huge profits from crypto trading. Gamblers cannot trade because they have no time trading. Trading is not for gamblers especially for addictive gamblers.

I do not understand those people who came to the market and decided that they will be able to earn money thanks to luck. In the end, they lose their money.

Only the people, who do not know anything about the rules of the crypto world, can compare trading and gambling. The first one is the real job, a hard work needing skills.

Or you can learn more in depth about crypto trading. What your describing can be the start for many people. This can lead them down the rabbit hole of trading and eventually hone their skills to be good traders. I don't think discouragement in this area is good.

You can not in fact influence visitors to give up crypto investing with virtually any level of energy due to the fact also these cannot actually determine specifically to give up or perhaps keep on investing in a shedding way. Regardless of all the, they will carry on carrying it out due to the fact you can find actually individuals who have robust opinion that they can use a far better investing moment minted together with a fortune inside the on its way nights.

Agreed to above all points, its not about crypto trading only, this rule applies to all the financial market trading, be it forex, crypto or equity market, greed and fear are two main enemies in the financial market, the only positive thing I find in crypto trading is there is no margin available as of now with most of the brokers so trader can take a risk as per his/her assets even if he/she holds it for some months/years incase of loss, it may recover and will not become zero

I agree with someone that trading is not for everyone. Trading requires lot of things that not everyone can do that, its silly to see that people recommends trading to earn money which is basically thats not for everyone

This is just because lack of knowledge of crypto trading. When you have trading skills and experience you will do right decisions on the right time and then there would be no ambiguity. For traders patience is mandatory to avoid big losses. If a person cannot do these things and cannot bear such situations then it is right, he should quit crypto trading it is not for him.

It is a ground for those investors who have knowledge as well as the luck though majority of them do not believe in luck. The knowledge about the technology and the market information is very important to make good investment decisions and to build a great forecast.

Besides, having a diverse portfolio and a long term business plan matters a lot and is always instrumental in determining the output that you might get along with the progress in the crypto market.

The unrealistic expectations of many newbies in cryptocurrency is apalling,  many think cryptocurrency is some sort of money spinning investment where you put a certain mount and expect a certain percentage increase at a particular days!  Cryptocurrency investing is long term investment!

When someone wants to start any business he must know all about the business and observe the market carefully and know the needs of the people. He will be a successful businessman after surveying all these things. The same is here for a good and successful trader. A trader must know all related things about good and positive trading, and then he would become a successful trader.

Everyone has chance to become expert trader and this is will be become reality if they keep continue to learn . No one can be a pro trader by instant, and we need time to reach it. Keep patient and learn from the mistake is best teacher in crypto trading.

We have different decision and opinion about if you are going to quit to trading or not. It depends on them if they still trade or not. But better if you are not going to quit in trading to get back your capital make a plan and do a lot of research that you going to decide

Exactly! I think failure is not the deciding factor to quit. Cryptocurrency has a lot to offer, it's beneficial, and profitable. Never be  afraid to fail as it can make you grow. Trading carries a certain level of risk and losses, but I believe that quitting is not the solution. It's best to find your own strategy, study the nature of trading, be on the look out of the trend, do research,and  build a strong foundation of understanding and awareness. Strategies are sets of trial and error, if one doesn't work for you, change it but not the goal.

I am too looking to leave this as seen all the year with no pump in coins. I lost all the hope with alt coins as they told developing and so on, but nothing went till today.

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Crypto community offers lots of profiteering areas and not only trading because this is the riskiest part of engaging on how to gain here.but trading is limited for those who deserves this and not open for everyone of us.so if you think that this fail you over and over,then better change route and stop trading

Crypto is not a magic lotion to become a billionaire overnight. If you work hard, then it is possible to become rich from crypto. But you need to put in the effort. First, you need to concentrate on 2-3 cryptos and spend a few months studying about them. Only after that, you can start trading.

Exactly, it is 100% true that some people who don't know about trading properly they also want to trade by listening others people and after they start trading they losses their whole money. So it is clear that trading is not for greedy peoples. We need to be patience and need to research by ourself before take any decision.

never leave your trade because you lose hope. trading is very important in cryptocurreny because by trading we can make money even though it's a small profit. since the beginning of 2018 it has indeed made traders complain that the coins they sold did not sell well and were less promising. but I am sure the coin will surely rise and the market will stabilize again.

Maybe this time we gonna takr stop in trading this year is not good for me also all altcoins goes drop and not profitable like what happen coins in 2017.

Just take the good side for this year to start investing while prices fall when there is an increase that is sure to benefit

fact is that this also occur in the stock market. No one has ever traded and made only profits forever. At least you'll incur some loses at one time but maybe at the end, hopefully your profits will be way more than the loses.
Anyway you're right, many people have wrong perceptions about crypto and I think people are now realizing the truth.

It should be in the realization as losses is a part of a traders life,  everyone will go like these and success will  come along after. But if you feel uncomfortable in doing l
this (trading) and a hopeless person,  you better leave it now before you loss everything you have you'll never succeed anyway.

Sometimes, i fell like i don't belong to crypto trading especially when i made bad decision that would cost me my investment. But i am also thankful i've learned from bad decisions i've made which made me a better trader now.

Many trader become professional and expert trader after a few years in trading activity,  so if we are failed in trading now we still have chance to become pro trader later by always keep learn. when jump in to crypto market we should be have knowledge about trading to avoid loss, so we should be always increasing our skill in trading.

right. Only very few people can earn such high profits for a few days. They have a dedicated team and they know how to evaluate good or bad ICO projects. This is a very confusing market. If you have no experience, find and join great cable groups and let them guide you. The people involved in the Crypto market are usually very friendly.

It's pretty easy to determine if you were created for a crypt. For this you just need to trade for a long time. If you learn at least not to lose money, then this is already good. You are not hopeless. If you manage to get regular income, then this is already good.

people are not born to become good at certain things . good people are being made and anyone can possibly become a good trader & investor , even you and me .

if you loose , dont instantly give up because loosing is pretty normal for begginers and loosing does not mean that you are not built for it . instead use this weakness as your advantage  . use it as inspiration so that you can motivate yourself to keep going and pushing . by doing this , you can eventually see and shock by the results that you already becoming a pro .

I guess a good gauge is that if you are not earning money in the crypto world then obviously its not for you or not for everyone. Crypto trading is a journey so if you don't have patience and you are full of emotions then we can also say that you should look for another sideline because emotions is one of the enemy of a good crypto trader.

A "winner never quits and a quitter never win " thats an idea of a person who want a great success into his life  and this is also the motto of some successfull bussinessman especially those people  who become successfull into the world of cryptocurrency,therefore into this world of digital system,especially in doing trading we must not discourage,maybe at this moment we are not lucky but soon our being industrious would guide us,to our success.

A lot of beginners or newbies want to make a quick profit and they joined crypto trading without taking even basic cryptocurrency education first. The result for this kind of newbie crypto trading are expected and large amount of investment are wasted. This kind of trading is known to be risky and evry beginners should learn how trade first before plunging theirselves into actual trading.

Earn in the cryptocurrency market will be able to those who can wait, be patient and do not panic and you will succeed

Fortunately, I am not like that, I prefer to be hodl and think in the future, because I invest for the long term. Don't act first, you better think ahead

You need to bargain only when you know what you are trading. Sometimes because of this you can lose a lot of money. It is always necessary to conduct a fundamental analysis. It is very important. The fate of your money depends on it.

Trading is not a joke,this wasn’t even advisable for every cryptonians because this requires knowledge,good gadgets and internet connections before trading,and specially skillful and patience.if you cant provide all of this ,then you should quit this field of profiteering and just focus for long term holding or investing in IcO

And I mostly encourage those people who are losers in other businesses. Once a person got fail, he has to options right away. Either to get up again and do things with more determination and power. Or they might be losing the hearts and getting themselves digged. I would recommend people to go for first option. As it becomes the power to you and you would be doing things amazing next time.

true, many people complain about the loss they experience due to trade. in fact the losses they received were caused by their own carelessness, they too easily considered trading so that they quickly made decisions. even though trade also requires a lot of knowledge to make a profit.

many beginners will learn from the loss that occurs, not everyone ends in panic and finally gives up, stopping is not the way out because basically people who join crypto and exchange markets are aware of the potential consequences.

If there is something like that, we cannot generalize everything, at least they can survive and can continue to be involved in the exchange market with confidence. I am more inclined towards optimism in this matter.

Thinking of stupid people is always looking at profits that look to the risks that cause them to lose and for-profit that despite the risk may occur. Do not be fooled into believing that you can make big money in a few days with small investments. Look at the fact, or you will always lose money in trading.

Yes trading is not for you if you are too greedy that can't get enough and think 5% per day in this bearish market is not enough!
Trading is not for you if you can't face with your fears and you sell in loss before your stop loss reaches , trading in cryptocurrency is not for people who cant take risks , i think.

If you want to join in trading you must learn first, collect knowledge about it because  if you join without any idea and only just to earn  i assure you all your investment will loose. Learning is important because trading is risky and also learn from other mistakes.

You are right, but we cannot blame them, the current bitcoin value reduction incident is because many people sell their assets to cut losses, but all of that happens because of the FUD that makes everyone scared, just enjoy this trade and the process, and I remind the beginner, the greater the profit the greater the risk that must be faced

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.

We don't need to be greedy with trading, because everything in here doesn't have to be put into rush. If you're thinking that it made you stressful, don't gamble yourself over and much better if you stop this kind of activity. Stay away in trading and maybe swith on to another kind of financial aspects which you think you'll be enjoying to do.

You right there are many instruments and many aspects of trade that must be learned and many things that you cannot learn in an article but from experience. thats why many people with extensive experience are more likely to have greater profitability. but I disagree if only 3-5% are successful. because a lot of my friends are traders and more than 70% of them are get profit

Only a small percentage of people do get a profit from this kind of market especially nowadays when there is a bear market and when we think that bitcoin is already recovering, it would suddenly dump that makes the people getting discouraged because of the state of the market. It is not for everyone because only those who will be able to handle their emotions would be able to take it and those who are very stressed just looking at the charts would prefer to just invest in it than trade actively.

Trading for me is for eveyone not all people are a lot of knowledge to trading but they can improve it by doing research and keep reading and continue learning. Not all trader are earn money but most of them are earning money like me. Depends on you capital , effort your earning to trading.

You are right, it all depends on the strategies we will be going to use. More research, more studies and more experiences will teach us how to be a good investors with good profit too.

Aside of having the require knowledge and skills of using the technical and fundamental analysis for making a success trading in crypto market, there are seasons which the advanced trading also make debt instead of profit but they choose not to complain and make the best out of it because every success market must debt

We can't blame people about their strategy in trading. Maybe you mean about are the dumpers which we cannot blame for their actions. For those kind of people, selling their coins is what they think more profitable than being.

It is not complicated when you have some skills and experience. Naturally, it is a very difficult activity for the beginners. You will have many losses and fails but if you do not give up, you will succeed.

If we speak about the mental capacity to making astonishing and mind-blowing decisions to earn immense wealth, we can say that nothing is impossible in business.

Bear market for some time does not mean you have lost the market but one should be rational enough to look for other opportunities for the time being and return and focus on the business as soon as the market starts recovering. I think this one platform to make money has removed all the miss conception and inequalities among the rich and the poor.

Everyone has different mentality in terms of our approach in investing, the rich gets richer because they are smart enough to spot an opportunity
that they believe will become big in the future. Just like bitcoin, they bought at a very low price and held it, the patience played a vital rule for their success.

Yes, in this market is hard to learn something, reliable information is very small, many developers are waiting for when the market itself will go up and only then release updates

Your idea is very good and the meaning of this crypto market is not for those who do not have the knowledge and only hear about profits and follow it and do not have a bit of skill and thinking. The risk is very high so everyone should consider it carefully before joining.

Last year, it was actually pretty easy to make 100-500% profit within a very short period of time, the problem is, people thought it can last forever, but of course it can not. The bull market made many people think they know what they are doing.

cryptocurrency trading only requires people who can control their patience and can accept the risks that exist because when someone enters and cannot control the patience they have and finally they will only get very high losses and pressure.

When they are only interested in quick money without any strong foundation in crypto except stories by friends and family failure will remain their profit. While those who want to make ends meet in crypto will do the first thing first which is learning all they could in crypto trading and patiently practice through simulation trading before going live. These set of newbies will always be successful  at the end of the day because they have already pay their dues in the field of training, practicing and learning.

only brave people could survive in this market.investor with less mental and psychology did not suitable investing in cryptocurrency market.

Ahah I partly agree with the author, but common, it’s just fun and interesting for someone to seem like a cool trader)

unfortunately this year could not have same condition with last year.and now many people suffering loss because buying bitcoin on higest price.and unpredictable news come to market about crypto market banning from china

I believe this isn’t a problem. Every single newbie has got much hurdles and problems in the way. They don’t know the domain completely. They wouldn’t be learning much and hence the greed of money in their mind would cause them to jump into the field without proper training. So, learning is a key feature that must be adhered by all newbies for their well being in trading.

China has corrected this and again allowed crypto in their country. we have seen that Binance market received a special response as the biggest crypto market today.

Last year, the bull run trend took place and many people who have just joined see this as a routine throughout the year, actually not. Crypto currency is also the same as other stock assets and will always experience price corrections.

this year it has become a place to prove the quality of traders where there are several variations of short-term trading methods that they must do. to wait for bullrun to return, it's better to survive and continue to add to the experience.

So for sure if you are going to do something it will need good experience and good knowledge if you will not be aware of all miner and important points related to crypto so you will not earn good income with it, cryptocurrency is for all, even those use to earn who never being to crypto in past,, we should try to enhance our knowledge because it will help us to have better earning.

That is obviously hyping people, encouraging someone by simply saying that can be one day millionaire is just a short period of time. And those people on that matter are the community who are greedy only. Besides most of the successful crypto enthusiast came to their position because of their hard and being patience in learning were up to now they are still an empty cup and continuous learning.

But such people form the basis of the market. This is the  crowd, through which you can analyze the market and it is subject to certain laws. After all, when we talk about the psychology of the market, we mean the overwhelming majority of market participants, and these are ordinary people.
The psychology of whales and large investors cannot be analyzed. These major players act on the basis of their interests and in the same situations, respectively, they behave differently.

seriously Trading isn't meant for everyone and it entails patience, dedication and serious monitoring and should also do away with that ideology that you become  rich in 1-2weeks trading

trading only for people that have brave heart.it is not easy and suitable for every person.maybe people that dare to take challange could join in this world.

Especially in the current conditions. The mentality of traders who still hold cryptocurrency in their wallets or on trading accounts, will be tested. How tough they are facing the current situation where almost the majority of crypto decreases in price.

I afraid to trade with the big sums.. I get some coins to Trade Santa bot and he trade the, automatically and every morning I get up early to check how much dod he trade this night ahha I'm so nervous about it..

Trading cryotocurrencies contains more risks because the prices fluctuate quickly than in the stock or forex. If you have no patience from learning how to trade and to the actual trading then crypto trading is not for you. Traders need to learn technical and fundamental analysis to be able to execute a trade with positive results so you to prepare yourself because as a newbie, it will be difficult to learn it at first.

right. The lucky ones have joined before 2016 and they have received a lot of money at that time. that's great I was late, I lost and that was my most precious experience.

You can earn big in trading if you  have patience. Some of the traders  loose their money because they  are greedy, sorry for the word. They want to earn profit on a fast way without thinking the result. Trading needs patience. Dont give space for  emotions  that  will  cause you to loose everything.

Why quit when there are still opportunities lined up, See I believe to always diversify in whatever am doing. I trade, do airdrop and also bounty hunting and am telling you, it has really done me well. Master the techniques for trading, give it your time and patience and you will grow in it

I love to trade bitcoin on the BitSeven platform!!!!

Correct if there is an opportunity grab it but if you feel that you are not happy doing trading much better to quit and find other way of earning which may gives you satisfaction and you can put all your effort. Trading is one of the basic method to earn money it is easy to catch up of how it works.

crypto requires continuous learning, crypto investment is not instant in gaining profits like 2 years ago, they must be patient, study market trends, apply analysis and news continuously both that support the crypto investment climate.

I'll definitely quit crypto if Ripple gets to the top. I'm ok with stellar or iota to be at the top but not eth or tron either  ;D So please guys please have a team up not to get that ripple too far.

My work mate trades stock and upon seeing my portfolio she says if she have that much money in her portfolio she would start selling and look for other ways to earn money. She saw a lot of red in my portfolio and I said its fine because I bought my coins way back when its still below $1,000 USD. Crypto trading is not for everyone, specially those who are not patient enough to HODL.

indeed many criminals use crypto to mediate their crimes, many beginners are always interested in coins that can provide multiple benefits, but in fact small traders are always used by them by giving an incorrect picture, many bitcoin traders sell their coins because panic is always used by large traders to profit from the ignorance of the beginners, so always be careful is the main key in trading.

Man say them the luckiest. Because they chosen bitcoin at time when it wasn’t much famous. Popole were talk shaking about it and these people hadn’t bothered and now they are rich.

At first, newbies aim should be to gain knowledge instead of thinking of making profit. Once they gain sufficient experience then they can make profit. If you are suspicious about trading and have got better options then you can quit trading.

Obviously because you need to be fully equip with knowledge before you enter here so you will not face the big risk of losing your money.
It's a long journey, you need to learn all the time in order to survive, quitting should only be the last option because you give up and once you quit, never come back anymore because maybe crypto is not for you.

for me I will never quit right now, and you're right that a cryptocurrency is made available to people who want to get rich and earn more willingness to get out of life. There is no mistake to dream of becoming wealthy because each of us has a habit of working to be prosperous. but being wealthy in a crypt is not easy, everyone working and persevering because joining a crypto really focuses on all the time. If you want to get rich, you have to work hard and never give up because nothing is impossible.

Quitting cryptocurrency trading wouldn't be helpful, I would recommend it would be better if newbies spend more time gaining knowledge and learning trading then one day they would be successful.

Cryptocurrency in a falling market does not spare not only beginners but also experienced traders.

That's why I didn't got hooked in trading. It requires a lot of work and effort. Although I didn't have weak hands, i'm a bit lazy when it comes to trading even how much I'd like to learn it because of being the most profitable among other ways, still laziness come to me. I prefer not to pursue it or i'll just waste my money because of laziness.

I don't see any reason why I should quit, the market can never be red for ever, whatever that goes up must surely come down

In my opinion, trading is not for all classes of people. Before entering this sector, one should have much experience and knowledge on trading platform. Otherwise he will lose his money, it is sure.

 I know that our work now has very low wages. I think our market will be very bad in the years to come but I'm still working. I do not want to miss a chance to get rich for many years to come. The market will be pumped back, I always believe in that.

trading attracts many crypto players, especially those who are new and without the knowledge and mentality of their traders to trade like gambling and this is very risky. trading is not gambling and requires continuous understanding and learning especially market trends that are constantly changing to give you an idea in trading

That's a very serious perceptions to follow mate, we should always have that faith all over. Don't miss those many chances that will make you rich, maybe you're failing now but eventually you'll survive. Sometimes we think it badly but in a long run hope will come and those predicted price will not frustrate us, because one day you'll be able to obtain the best achievement in life seeing trading as your main profit sources.

Well, if you feel bad and don't even get a single profit from your investments and you have doubtful and have been already here for a couple of months, then it's better to quit in cryptocurrency. I meaned, just find another opportunities that can truly meets your expectations and goals in life.

thank you . i think i will quit it right now

well, that is everyone's choice. maybe going out can be the best way, but there are some people who hold back and wait for another opportunity. even some of my friends still take advantage of moments like this to make a profit. well, but, crypto users won't stop just because of price drops or something.

yes, there are many people who join crypto because they think they can get 100% and even 1000% profit even though they actually only lose because they don't have crypto knowledge. surely they are beginners who panic when prices drop and run away from crypto now

for lazy people, trading is not the right place for you, because in trade you will need people who are diligent and conscientious in carrying out technical analysis with various strategies, lots of things to do to predict prices, if you are lazy, of course you are reluctant to do that, dont you?

but being lazy is not an excuse to earn  and learn if you really wanted to .  me myself was once a lazy guy that doesnt do anything valuebale other than playing games on my phone but until i discovered cryptos and i found out that trading is the best source of income  , i then slowly becoming productive and i now value the time for more important things such as doing a research on how can i improve my trading career .  its up to the person if he or she wants to change his life for the better  .

yeah, that could be right but not all people can't use cryptocurrency

I believe that knowledge is the prerequisite to getting involved in the crypto stuff. If you do not have the knowledge, you might probably not make money because of the invalid moves you would play in the market.

Let the guys who do not believe in the cryptocurrency leave the market. They do not invest much and only leave here fake facts and spam - it affects negatively people, especially, beginners.

Right. Noone's forcing anyone to stay in a bear market. They're free to sell at a loss anytime and whine about it afterwards. Certain attributes i think are needed to be efficient in crypto and patience ranks high among other traits.

that is right they are panic now and mostly is that is the new investor because their knowledge and informatiom is not enough.

Yeah, laziness can be eliminated by perseverance and willingness to change, but what I emphasize is that if they are lazy, they certainly won't want to do technical analysis, because it will require a lot of things to do for analysis and lazy people don't want to do it, but if they want to change it, of course he can

In business and trading, there is just no room for laziness and foolishness. You have to be very vigilant and smart to make things happen. The right decision at the right time is very important for the progress of the investment.

Actually, if people have their plan and intention, whatever it is, it's natural, you can't complaint about somebody's motives in investing their money. Looking for some profits, getting rich with no burden is of course what people expected from bitcoin. That's why most of them lack of experience and easy to be influenced here and there. People will be more understand along with the journey, their choices and consideration, so it will change by the time.

Most of us have been suffering for a long time, almost a year already. Many guys decided that trading is not their business, and it was their choice. I am not going to give up, however.

I think majority of the novice are easy to hype by some of the community in here in the forum. Which is not supposed to be happen actually.
Although, in Trading business many are called but few are chosen to get a huge profit in this industry as well. Meaning, everyone had a chance to become a traders but not all are destined to become successful in this business.

the difference is mental and emotional, experienced traders do not easily panic and survive with the market situation while newbies tend to be emotional and panic.
this becomes the fundamental of a trader, must be strong with any situation. smart in determining attitudes and smart take the moment to enter and exit the trade.

 ;D life has always been like this. people failed to know that all that glisters is Not gold. the first stage is always sweet especially when the first trade is successful. we feel the zeal in us thinking that it will always follow the trend. it has never been so. My advise is strictly for people that wants to listen. make sure you take your lessons first before venturing into trading.

Quit trading if you simply do not like it. If you have a desire to deal with the cryptocurrencies, you should not have a lot of experience - just learn more, and you will soon understand what you really need.

For any trading, profits and losses are just part of it and we should not quit for the reason of not finding chances to make profits. We must keep trying so that we will be getting chances to achieve what we actually want to. Making profits from the downfall market is not an easy task, but when the market is not in our favor, it is not good to quit. You must time for the markets to turn positive so  that we will resume our profit making way of trading.

That's right because giving up is a person who doesn't want to develop or succeed, because with crypto conditions now it's a great enthusiasm for us to always try to get what we want even if we have to wait for crypto to rise again

  It does not make any sense to give up when  you know this is just a temporary fall. In trading rise makes fall come and fall ends when rise come. So have patience and keep on moving in forum of trading until you see everything getting better once again. Hold your emotion and see what happens next but never ever give up as people will say such things to discourage you but never listen to them.                                 

It is always the best option to stop which is not profitable for us. Instead of facing continuous losses with something, it must be right idea to stop that right away. I'm not just talking about trading but in general. Yes, everywhere it will be applicable then why not for trading.

At the same time, I like to suggest to get back into trading after learning all the skill which are essential for profitable trading. Yes, quitting should be for temporarily.

it's true I think crypto is not as easy as you imagine, getting money here needs expertise to understand analysis and this fundamentals are not investments that can make a lot of money if you gambling

Quiting cryptocurrecny or trading is not the solution to the problems. Its the learning ability and overcome the laziness which needs to be addressed if you want to succeed in trading or in any field in the life.

I agree. This mostly is done by those stupid scammers with their so called 'legit' investment platforms. There are good profits to be made in crypto trading but it requires some skill and most important hard work. But majority involved in crypto are newbies and novices like you mention and they get trapped by those so called investment platforms offering consistent 5% daily or sometimes even more.

Even now on FB in all btc related earning groups and network groups a familiar thing is that they tell people they can double or even triple their money in mining in less than 48 hours.... and still people get trapped by this. They even do not do any effort to do some research and find out mining can NEVER bring this amount of money.

I sometimes post myself in those groups to aware people for scams and I offer some advice for free..... and then I got called 'scammer'. Just so unreal. People rather follow scammers offering unrealistic returns and burn their ass instead of taking some advice and start doing it themselves. There is only 1 word that is destroying a lot of newbies and novices....GREED. They think to become a millionaire even without putting money in.

Trading is not much harder but this is quite unstable market so it is risky to hold these coins by over night too,so it depends on how much risk willing to take then the profits will be based on this.

As they say, never confuse luck with an uptrend ;)

I was immediately told that such figures yield expected during the year and need to properly dispose of its portfolio

I guess its no easy money here. Those mindset are very wrong in the beginning, specially in 2017 when there's a lot of irrational buyers, even getting bitcoin at its peak price in December. Maybe someone whisper to team that this market is a get rich scheme, but it's not and it's a hard lesson for them. I'm sure they got burned early and never come back. But at least they learn something and will be very careful again and not repeat the same mistakes again.

Surely they learn something because 2018 brings massive destruction to the market, imagine being down by over half of your investment, I'm pretty sure a lot had already panic selling. Now that we are in a new year, I'm expecting that most investors left are those with strong hands.

People heard and people saw how crypto is making new millionaires and they wanted to try the same thing. It's not easy to make money in any way, for some people maybe that can look like that, but  it's only what comes after very hard work and lots of knowledge. Luck also can make millionaires, what can be hard in choosing some random alt and investing couple hundreds in it, who choose good will become millionaire one day.
Crypto is so big that anyone can do multiple things, you can hold some amin coins or to try with alts, you can trade or gamble, you can invest just time and claim faucets, every beginning is hard, to learn basics everyone needs some time, but the main thing is that everything is possible with crypto.

That’s true, some newbies don’t even care to take time and study cryptocurrency. When I joined cryptocurrency I studied for a long time before making up my mind to invest money in it. But people these days don’t even care. Just because their friend was able to make money from cryptocurrency and then tell them, they just jump in thinking it is very easy, but when they get in they start seeing something different. Crypto is not easy and people should know that.

trading is not easy but anyone can do that.. its just how they manage and how they know when to stop or go.

I know we all need money but who are you saying to currencies for easy money making will not be more appreciative for you because trading is a good way of money making but if you want to do quick profit it will not suitable for you

Why do you need to quit if the market is not good, don't say its your fault because we can't stop the price what will come out and need to take a break if your lossing enough. In that case you will gonna loss your money and saying to your self trading its not for you and start quiting in trading.

Quitting is easy if you can try to stay as trader under this conditions. Your money ,your decisions.. Improving your skills can help to get more profit with market and there is no shortcut except hard work,sleepless nights.

After quitting easily in the trading journey we cannot entered into it very easily because when you have experience in something you can do lot of things but once you have exit from the business then Re entering into that will always very tougher while the price of Bitcoin was very high then you can feel in the future.

of course because people who come out don't have a good future with crypto, because if I think this is an easier way to get big money quickly even though it's now a difficult season to make a profit

Trading cryptocurrencies is not for most people anyway, many want to believe they can be smarter than the market and think they can get profits that way but the ones that get profits out of the market dedicate their full time to it and they do everything they can to get an edge while most people cannot even make the smallest of efforts and watch a few youtube videos about the subject.

This is almost hard to implement, to beginners at the same time entered the digital market, someone did it consciously

People only do trading thinking they can make easy money and doesn't even bother to try learning the whole thing then just buy an unknown crypto because his friend says so then it dumps and his investment failed then post in social media and forums that bitcoin is a ponzi and then tries again this time joined pump and dump groups then gets scammed few months later loss everything. My advice dont be this kind of guy.

I also experience huge loss and after that I planned to quit cryptocurrencies but I didn't stop trading because I realized that I cannot regain all of my losses if I will quit trading. I will use the information that I got from my past mistakes to overcome my losses.

every investor has their own way of confidence and patience and they also have their own ways to invest and get profits of course

Yeah trading or not should be your decision and never take this for other people. They will say you good and bad things but you keep learning and keep investing for long term trading. Our life is full of opportunities just buy learn and trade for long term. It’s good I have  seen anyone succeeded in this platform so it needs only time and skills.

When someone can't make profits from what they are doing even after a while then they should skip and save the remaining capital for the future purpose of investment.I will suggest those kind of people to trade with 10% lf their capital and just move their remaining funds into cold storage for very long term trade.

We have no control over the market but we should not quit just becasue we are losing, you are already here so better to do what is right and keep on learning. The market is still in a bear market so meaning we can have rest for a while and take this opportunity to know more about trading, your effort is important in trading.

I think everyone should be has knowledge how to trade when they want to put money in to crypto. To learn trading is easy but to control natural emotion like greedy is very difficult. Almost all people get loss when first doing trading but learn from the mistake we will know later how to do better trading.

If you take a pause then try to use it properly and learn about all those points you were thinking can make you suffer in future. Trading is for everyone and everyone should get into it as there are so many opportunities to become a trader you only need to have knowledge and skills of being good trader. Don’t listen to those who are demotivating you and saying trading is not for you.

Quitting in crypto is only for the people who are not a risk taker, and if you are not also deep in your belief in here you are not suitable to stay here for long as well, However if you don't have any idea or knoledge deeply in crypto it is really better for you to leave this type of business field in my point of view.

Keep on learning and improving your trading ability those people will keep on saying trading is not for you it will be bad for you is you all lose but don’t put your eyes on them just look forward for the best and don’t stop your way to be a trader just hold the main sting of trading which is KNOWLEDGE and skills of trading of you have both then trading is all yours.

It takes a lot of hardwork, but its possible to have that kind of profit if you trade good enough. Last year bull run many traders made almost a 200% profit but I can say that the market right now is totally different so stop looking for an easy profit now and start to trade well.

This is something that I have seen as well and it bothers me, it seems that some people have the idea that the only thing that you need to do become a successful investor is a hot tip from a friend and that is not true, if you really want to make money in this market you have no option but to begin to study the subject of trading in a very serious way and dedicate months to that activity alone.

Start changing your style and find other ways to survive inside this type of market, the sway and fluctuations needs to be well studied as market
is not favoring your investment, having a quality of making small gains even the market are unstable can be workout if you really keen to discover
new trading pattern.

Yes op you are correct . that is the reason why many wanabies are entering the trading scene because someone told them that trading is the best way to earn a profit  but trading is not actually for everyone because not all can afford to risk and loose their cash  but all can possibly learn trading  .

Im not tempted to do trading no matter how they say how profitable it is  .  i rather go for investing and other less risky activities  because that can suite me better .

Alot of people changed their life from crypto and we can make it too.  In bull market alot of crypto going up to more than 10 times and in that trend will be easy to make profit,  never be greedy is key to make good profit, because after bull market  the trend will change to bearish. So for newbies trader is better only enter to crypto trading only in bull market and avoid greedy. 

this is certainly very risky if only relying on temporary knowledge without learning. Another thing that should be used as one of the benefits is that you have to be able to explore trade more and to get closing profits

No risk, no gain. If you quit cryptocurrency trading, is there any better options available to you, if not then sticking to it and wait for the market to turn around would be a good thing for you.

There are a many of things in my opinion why do people have to get out of trading where trading is not really for him. One of them is in my opinion, when traders do not try to analyze and make their own analysis, many even ask for advice where the advice is not evaluated. I find this little where traders who have tried to find information and make their own analysis with various considerations, but do not understand also about crypto trading, this incident may be because you are not on the trading side but on the other hand.

Cryptocurrency trading is for everyone, but if you complaint most of the time because you always loss your coins or capital, and giving any FUD about it, it is actually good for you to leave this field of business instead of giving negative feedback in crypto, which is not good habit as one of the community here.

Well that basically means it's not for everyone. There are people who are not capable of detaching themselves from certain situations that needs detaching, like trading. These people would eventually end up giving in to panic or starting one and would lose a lot of money in the process. So better stay out.

We don't have the same path. Though i may experience some unlucky moments with my trading, but despite of that I was being pushed with my passion and I am very serious in achieving success in trading. Now I am not a loser and already gaining enough income from trading.

Over the past one year or so, many people have plunged into crypto in the hope that they would become rich quickly. They heard that some people became rich quickly during the 2017 bull run and they want to try their luck. As they didn't bother learning crypto trading, so instead of getting rich they lost all their funds.

Being impatient with trading cryptocurrency is one of the sign that you are really not for trading. Being patient is not only applicable to investing but also in trading. You should always be ready to accept mistakes that you will make along the way of trading, you should be professional enough to accept those things and implement the lesson to yourself so you will become better you.

That demonstrate your lack of discipline, every day is not a good market, there are timing that is necessary for a trader to take in order
do the right action. You make mistakes then you learn from it, if you aint improving then trading is simply not for you.
It's profitable to trade if you have the skills, if not you'll loss your time and money in the process.

  In 2017 so many people have become rich because of trading, trading is about luck, skills and knowledge we should know this, as learning in trading should never end because as you said some people lost money because they did not move on right path and at the end the suffer, but those who took wise decision for not panic selling have become milliners.

Passionate about trading? Looks interesting but in trading there is no guaranteed success even if you are more skillful and giving all your efforts because your profits mainly depends on the mistakes of other traders.

You can’t cross the river if you think it’s hard enough to go and standing on this side. Every big thing demands courage and determination. Nothing is an easy task in this world. Trading isn’t easy, everyone knows. You should take a deep learning of the concepts, have enough money to take start, and move along the river. You need to make hard choices but that would be sensitized by your knowledge.

Trying to balance things is all it takes remember that you are actually trading with real people and everyone is trying to make money off it and that greed can actually swallow you whole if you are not carefully executing your hustle well

You are right but if they have the determination and knowledge and they won't experience the same fate that most newbies do. Of course, they can loss at the start and on the later trades but its important that they are learning and then when they already familiar with the market then I think they can now make profit. And for those newbies who always lose, instead of quitting I think it is better for them just to HODL.

Determination is a huge game changer for most of the people. Even though you are losing a lot of money or losing hopes for continuing what you are doing but if you have determination, it will light up the fire in your heart and you will become inspired and motivated again and that is why we should identify why we are doing what we are doing.