Mistakes in trading that lead to loss of money

[Viyamore]

Tbh , Im always excited when it comes of buying alternative coins and i don't really studies more about it , And after buying that coins i really don't know what next im i going to do , Because the price of that coins is really not good so i decided to resell it in more cheaper amount of bitcoin thats why i quit on trading already because i don't have enough knowledge in trading.

So many altcoin there for you to trade on ,but i guess you buy some altcoin with big amounts. its frustrating if you lose your money ,but its not the reason for you to stop .i'll be honest that trading is hard but once you know the circumstances you will have a good profit there as you're an average trader it is advantage on you. You know what your mistakes so make a try again and not to do that mistakes again try and try .

Lately i repeat again my mistake i om panic sell as they sell at lower price my money will lost about more than half .but still im taking the risk to sold at lower price.then bought again .it's a mistake that i need to correct and not to quit .

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[Fredomago]

Tbh , Im always excited when it comes of buying alternative coins and i don't really studies more about it , And after buying that coins i really don't know what next im i going to do , Because the price of that coins is really not good so i decided to resell it in more cheaper amount of bitcoin thats why i quit on trading already because i don't have enough knowledge in trading.

So many altcoin there for you to trade on ,but i guess you buy some altcoin with big amounts. its frustrating if you lose your money ,but its not the reason for you to stop .i'll be honest that trading is hard but once you know the circumstances you will have a good profit there as you're an average trader it is advantage on you. You know what your mistakes so make a try again and not to do that mistakes again try and try .

Lately i repeat again my mistake i om panic sell as they sell at lower price my money will lost about more than half .but still im taking the risk to sold at lower price.then bought again .it's a mistake that i need to correct and not to quit .

knowing the potential of the coin you will going to support together with the news and progress coming from its thread i guess we need to do some home work before entering the trade as we see more possible earnings from this business but the truth was if we won't take time to learn more possible to lose our investment. good luck

[Daisy14]

That's the thing, new traders jump in with after doing some guess work on one or two coins. When they run of luck, trading starts to look like gambling.

[Hugroll]

the biggest mistake i can think of is getting scared when you're trading. for example say the price is going down so you dump your coins and cash out. but then the next day price goes back up and u lost a ton of mone.  its what happened to me lol

[abugseuf]

yes for so many times, i do mistake which lead to some big lost. most of the time i misses use the time which really cause a big lost. but still i also make good profit from trading and  i am happy with my way of trading.

[yakdivine]

Your mistake/s in trading that leads to loss of money
I think it will be the best to share your story so that we can avoid your past mistakes.

Yes mistakes can lose your money especialy in altcoins trading when buy a coin that can not rise up.
So its bettet to check first the coins before you gonna buy to avoiding lost money. Many altcoins now are getting scam after a week they become dead and not rise up again.

one thing that we should have in mind as a trader is that; mistake is part of learning. Trading currency is an emotional business and for you to succeed in it you have to develop you mind to the level were mistake is part of learning, if you can except this in your spirit then you are a good trader.

[iv4n]

I`m reading headline and I remember how I believed in Yobit chat, that was a mistake. People there are just luring people to spend money on some stupid coins and to lose money on that. I didn`t lose a lot, but I was always in some 30 % minus, more or less.
This can be a good thread, from my experience you can now learn to never trust people that talks there, and force some coins, or tells how there will be some pump or dump. They are liars trust me, you can just lose your money.

[jossiel]

yes for so many times, i do mistake which lead to some big lost. most of the time i misses use the time which really cause a big lost. but still i also make good profit from trading and  i am happy with my way of trading.

Most of the people who trade are experiencing this type of scenario and you are not going to be called a trader if you are not making some mistakes.

Because most of the us did some mistakes already that leads us to learn good lessons for our trading career.

And I think the common mistakes are when we are not able to sell our alt coins when the price fluctuates suddenly or pumps suddenly and after while it dumps immediately.

[RoommateAgreement]

yes for so many times, i do mistake which lead to some big lost. most of the time i misses use the time which really cause a big lost. but still i also make good profit from trading and  i am happy with my way of trading.

it really does not matter how many times you make mistakes and how big they really are.

the important thing to remember is that how many good decisions are you making and in the end how much profit you are making considering the losses.

[xIIImaL]

yes for so many times, i do mistake which lead to some big lost. most of the time i misses use the time which really cause a big lost. but still i also make good profit from trading and  i am happy with my way of trading.

Yup beginners in trading and mistakes making n bitcoin trading will lead to loose the money only. To fix it we should learn more about trading, try to have escrow in trading, find the better person have trade by checking their trust and feedback in trading sites.

[Zadicar]

yes for so many times, i do mistake which lead to some big lost. most of the time i misses use the time which really cause a big lost. but still i also make good profit from trading and  i am happy with my way of trading.

Yup beginners in trading and mistakes making n bitcoin trading will lead to loose the money only. To fix it we should learn more about trading, try to have escrow in trading, find the better person have trade by checking their trust and feedback in trading sites.

We cant really avoid  some circumtances on lossing up money from the start when we intend to  engage  on   trading hence  its not really an easy thing to do and  you would need  good knowledge  and  skills  in able to be  profitable and  make  succesful trades on the  long run. If you intend  to engage of trading you must  choose the most reputable trading sites.

[Ryananda]

yes for so many times, i do mistake which lead to some big lost. most of the time i misses use the time which really cause a big lost. but still i also make good profit from trading and  i am happy with my way of trading.

Yup beginners in trading and mistakes making n bitcoin trading will lead to loose the money only. To fix it we should learn more about trading, try to have escrow in trading, find the better person have trade by checking their trust and feedback in trading sites.

Yes indeed at the beginning of gambling the average trader a lot of mistakes. And it is reasonable in my opinion because trading requires understanding and we should be able to learn in order to be profitable, and that takes time. There are many ways and one of them, as you say.

[X-ray]

yes for so many times, i do mistake which lead to some big lost. most of the time i misses use the time which really cause a big lost. but still i also make good profit from trading and  i am happy with my way of trading.

Yup beginners in trading and mistakes making n bitcoin trading will lead to loose the money only. To fix it we should learn more about trading, try to have escrow in trading, find the better person have trade by checking their trust and feedback in trading sites.

Yes indeed at the beginning of gambling the average trader a lot of mistakes. And it is reasonable in my opinion because trading requires understanding and we should be able to learn in order to be profitable, and that takes time. There are many ways and one of them, as you say.

loosing is not really meaning you lose anything you will only lose your wealth but you will gaining experience that could make you better in the future,sometimes experience is expensive and that's why losing by doing mistake is not a problem at all

[The_prodigy]

Sometimes yes i make mistake but sometimes i do it right less mistake less lose for me because when we are going to trade big amount of bitcoin we could lose but we can minimize our loses but the best share that i can share is i made mistake long time ago that i buy lots of altcoins then the price really dropp

Your mistake/s in trading that leads to loss of money
I think it will be the best to share your story so that we can avoid your past mistakes.

[ipanks]

last night i made a mistake on buying bitcoin, i think that the price is up while i see the chart is gonna up but the reality, the price is drop for a while in $639, while i buy on $641. but i think no problem because i am sure that the price is gonna up in above $643. i consider that will be my lesson to fix my analysis for future.

[serjent05]

That's the thing, new traders jump in with after doing some guess work on one or two coins. When they run of luck, trading starts to look like gambling.

YYes, new trader just jumps in without doing prior research on the coin they are investing.  One of the strategies of some developer to caught investors unaware is by setting up their ICO in exchange,  Then buying their coin which makes people think that the coin is in demand so people will rush to buy them without researching the coin.  After some time the coin becomes worthless and, investors were left behind bag holding worthless coins.

[eternalgloom]

Biggest mistake was buying into Ethereum right before the DAO attack, after that I just sold everything.
Not going back to ETH now..

[Superbitzz]

yes there is no doubt about this that i made so much mistake which really lead me to a big lost, but i think experience gain by mistake that really aware me to keep myself safe in future.

[Superbitzz]

yes there is no doubt about this that i made so much mistake which really lead me to a big lost, but i think experience gain by mistake that really aware me to keep myself safe in future.

[Superbitzz]

yes there is no doubt about this that i made so much mistake which really lead me to a big lost, but i think experience gain by mistake that really aware me to keep myself safe in future.