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Poll
Question: Overal do you win or lose trading cryptocurrencies?
I win - 7 (43.8%)
I lose - 9 (56.3%)
Total Voters: 16

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Author Topic: Percentage of People that Make Money Trading Crypto?  (Read 1426 times)
SecretsOfCrypto (OP)
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March 29, 2015, 08:00:59 PM
 #1

Since every troll seems to claim they win big all the time, but we know the majority lose, I made a poll to ask everyone! Let's see what people think vs. what we know. Remember these are anonymous votes so no need to be biased.
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March 30, 2015, 12:10:09 PM
 #2

i'm on par to be honest, but i don't trade too much, last time was with doge, and at end i was above, but then i lost something with other currencies

i'm not that good at it, maybe because i'm not trading too much
memai
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March 30, 2015, 01:10:16 PM
 #3

I think 30% of people making money to trading Crypto. And most of them is saving for the future

That's my own opinion. I am just guess it.
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March 30, 2015, 03:27:05 PM
 #4

Since every troll seems to claim they win big all the time, but we know the majority lose, I made a poll to ask everyone! Let's see what people think vs. what we know. Remember these are anonymous votes so no need to be biased.
yes, trading altcoin can be speculating altcoin in short term! Most of ppl will lose! But there is another type of trade for the long term, which is to buy now and hold for the future! In crypto world, there are a lot of shitcoins! If you pick the wrong coins, you will lose all.
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March 30, 2015, 03:44:04 PM
 #5

I just started Bitcoin trading last week
And I seldom won, because trading is not that easy
We must know how to predict the market

faucet used to be profitable
coinpr0n
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March 30, 2015, 03:54:30 PM
 #6

I don't trade much at all in total I would be at a loss. My first trades were the worst going in with all I had and waiting for a big shift. Now when I do trade it's smaller swings and playing either way. At the end of the day I like to be in bitcoin.

nambich
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March 30, 2015, 04:00:01 PM
 #7

I just started Bitcoin trading last week
And I seldom won, because trading is not that easy
We must know how to predict the market

Yes, I am too, I never won at the exchange. Maybe I will give up trading. I am difficult to me. LOL
--Encrypted--
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March 30, 2015, 04:46:29 PM
 #8

funny, I never thought of myself as a good trader, but I actually got some nice profit (arbitraging) before I stopped trading.
it IS tiring though, having to keep track of a lot of coins in different sites. sometimes the site that I use as my reference is wrong, too.

I'm not going to go back though, because it's tiring and I'm afraid it's just a matter of time before I lose big.
hugs1BTC
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March 30, 2015, 07:33:30 PM
 #9

Always losing at the beginning, it's a jungle out there. I'm studying some finance book now to undestand, even if crypto is different. About the trolls...if there's no proof of huge gain, don't feed them.
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March 30, 2015, 09:01:13 PM
 #10

I tried trading alts a while back. Had a capital of 0.1btc and bought a few coins I thought had potential. A week into the attempted trading, won some and lost some. Overall suffer a loss of 0.03btc. I got out without loosing it all.
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March 30, 2015, 11:28:05 PM
 #11

It's funny to see fake news in the cryptoworld, made by traders.
I don't remember exactly but last week I read a news saying that Rakuten starts accepting Bitcoin and Mazacoin Cheesy ...

≛≛≛BTC  HUGE 7 BTC WELCOME BONUS  BTC≛≛≛
☜☆☞☜☆☞☜☆☞ Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked☜☆☞☜☆☞☜☆☞
loan4
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March 31, 2015, 11:38:19 AM
 #12

I think 15% of people that make money from trading Crypto. A very modest numbers.
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April 01, 2015, 05:26:22 AM
 #13

If we are talking about the high-leverage futures (like OKCoin or 796 Exchange ) then I can guarantee you that a vast majority lose.

In fact, when you introduce leverage, traders turn into major gamblers. You can basically allow them to open whatever position they want and you can take the other side of the trade knowing safely that you can make money. That's how FOREX Bucketshops have operated for a long time.
toytoboy
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April 01, 2015, 01:33:32 PM
 #14

It's difficult to make money from trading if you are newbie about it.
Minerjoe
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April 02, 2015, 12:51:19 PM
 #15

Maybe 5%. The rest keep losing but they still come back and trade.

benzenen
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April 02, 2015, 03:48:06 PM
 #16

Since every troll seems to claim they win big all the time, but we know the majority lose, I made a poll to ask everyone! Let's see what people think vs. what we know. Remember these are anonymous votes so no need to be biased.

I think most of them are lose. It's difficult to make money from trading crypto.
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April 05, 2015, 10:45:32 PM
 #17

difficult to predict something that is essentially random, even if something became predictable about it, Eg Price rises at 7:32Am every morning, so many people would be buying in prior to that time the prediction would be destroyed.

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April 06, 2015, 01:02:36 AM
 #18

I'm on a positive streak so far, though that doesn't count all the time I've wasted on pointless endeavors.


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freemind1
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April 06, 2015, 01:10:53 AM
 #19

I lost, but fortunately it was too little, a few thousand Doge i had out there. I guess that's is beacause i not spend much time doing tests on exchanges. Fortunately it recovers soon.  Grin
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