Mistakes in trading that lead to loss of money

[Ayc_08]

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.

I do mistakes specially when buying altcoin,everytime i engage into trading(when buying altcoins)i never know where it will be profitable or not,i know it is risky but it can also have a big return on me.

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[slapper]

Panic buying when the price rises or panic selling when the price drops are almost guaranteed to make you lose money. I've done it myself in the past.

Yeah I agree. This is the most dumbest activity in trading and everyone have already done it at least one time in the past. You can never obtain any money from it and there is a high possibility that you will lose some of your capital. Be wise in trading or you can not get anything from it. IF you want to be good, you should learn some basic knowledge about the markets

[--DarkSecrets--]

Panic buying when the price rises or panic selling when the price drops are almost guaranteed to make you lose money. I've done it myself in the past.

Yeah I agree. This is the most dumbest activity in trading and everyone have already done it at least one time in the past. You can never obtain any money from it and there is a high possibility that you will lose some of your capital. Be wise in trading or you can not get anything from it. IF you want to be good, you should learn some basic knowledge about the markets

Yes ,basic knowledge is the most important and don't be afraid of mistakes every trader experience that mistake that will make you think afterwards and if you got it to correct or do it again it will be your skills panic selling and buying is normal in trading that manipulators or big whale traders do for them to gain attention to pump or to dump the price rapidly.

[d@nte]

In this type of business, trading without the necessary knowledge for sure is the biggest mistake. And the second biggest problem, in my opinion, is not controlling one's own greed. That is one big problem that many traders go through in situations in which they don't know how to identify the right time to invest or the right time to stop, to wait for a better opportunity. Such failures can lead to losses that will be difficult to recover. There are ways to solve this problem, the main one of which is to have self-control, the other way is by gaining experience in the market.

[iram3130]

Panic buying when the price rises or panic selling when the price drops are almost guaranteed to make you lose money. I've done it myself in the past.

Yeah I agree. This is the most dumbest activity in trading and everyone have already done it at least one time in the past. You can never obtain any money from it and there is a high possibility that you will lose some of your capital. Be wise in trading or you can not get anything from it. IF you want to be good, you should learn some basic knowledge about the markets

Yes ,basic knowledge is the most important and don't be afraid of mistakes every trader experience that mistake that will make you think afterwards and if you got it to correct or do it again it will be your skills panic selling and buying is normal in trading that manipulators or big whale traders do for them to gain attention to pump or to dump the price rapidly.

There were 2 distinct times in the past when I did exactly opposite. I waited for the rate to go too low and bought more and more of Bitcoins to increase my profits or you may say lower my loss.

[geopolisch]

Panic buying when the price rises or panic selling when the price drops are almost guaranteed to make you lose money. I've done it myself in the past.

Yeah I agree. This is the most dumbest activity in trading and everyone have already done it at least one time in the past. You can never obtain any money from it and there is a high possibility that you will lose some of your capital. Be wise in trading or you can not get anything from it. IF you want to be good, you should learn some basic knowledge about the markets

Yes ,basic knowledge is the most important and don't be afraid of mistakes every trader experience that mistake that will make you think afterwards and if you got it to correct or do it again it will be your skills panic selling and buying is normal in trading that manipulators or big whale traders do for them to gain attention to pump or to dump the price rapidly.

Yes, many traders due to not having enough awareness on important aspects of trading, frequently committing mistakes which are very common for trading fields. I guess, they will start learning from their mistakes otherwise surviving in trading would be really hard. If we do not repeat same mistake then there would be more possibilities for making huge profits.

[Zadicar]

Panic buying when the price rises or panic selling when the price drops are almost guaranteed to make you lose money. I've done it myself in the past.

Yeah I agree. This is the most dumbest activity in trading and everyone have already done it at least one time in the past. You can never obtain any money from it and there is a high possibility that you will lose some of your capital. Be wise in trading or you can not get anything from it. IF you want to be good, you should learn some basic knowledge about the markets

Yes ,basic knowledge is the most important and don't be afraid of mistakes every trader experience that mistake that will make you think afterwards and if you got it to correct or do it again it will be your skills panic selling and buying is normal in trading that manipulators or big whale traders do for them to gain attention to pump or to dump the price rapidly.

Yes, many traders due to not having enough awareness on important aspects of trading, frequently committing mistakes which are very common for trading fields. I guess, they will start learning from their mistakes otherwise surviving in trading would be really hard. If we do not repeat same mistake then there would be more possibilities for making huge profits.

Mistakes on trading is really a normal thing specially when we are just beginners and even those professional traders out there do the same thing too because those mistakes would really mold us on longer exposure on doing trading.Its not really an easy career because it would really takes time and effort to be profitable on it.For me emotion would be the major problem on doing trading.

[pinkpanther03]

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.

That's true, but there is bottom line why we make mistakes, it can be lack of knowledge in investment, and trading. But if we just knowledgeable about it for sure loss of money will no be happen I think. Because we know the proper way of trading.

[--DarkSecrets--]

Panic buying when the price rises or panic selling when the price drops are almost guaranteed to make you lose money. I've done it myself in the past.

Yeah I agree. This is the most dumbest activity in trading and everyone have already done it at least one time in the past. You can never obtain any money from it and there is a high possibility that you will lose some of your capital. Be wise in trading or you can not get anything from it. IF you want to be good, you should learn some basic knowledge about the markets

Yes ,basic knowledge is the most important and don't be afraid of mistakes every trader experience that mistake that will make you think afterwards and if you got it to correct or do it again it will be your skills panic selling and buying is normal in trading that manipulators or big whale traders do for them to gain attention to pump or to dump the price rapidly.

Yes, many traders due to not having enough awareness on important aspects of trading, frequently committing mistakes which are very common for trading fields. I guess, they will start learning from their mistakes otherwise surviving in trading would be really hard. If we do not repeat same mistake then there would be more possibilities for making huge profits.

Mistakes on trading is really a normal thing specially when we are just beginners and even those professional traders out there do the same thing too because those mistakes would really mold us on longer exposure on doing trading.Its not really an easy career because it would really takes time and effort to be profitable on it.For me emotion would be the major problem on doing trading.

Exactly that is why not all people who use to trade earn profits and continue trading ,As of now tgere are some coins that are not valuable even pro traders having a mistakes .And i would agree that emotion is the major problem because if you cant control it well ober the situation morely you have wrong decisions to be taken.

[mkmdoc]

Every one will fail to choose the right one, it will happen some time because all people are not perfect. After failing to choose right coin ultimately there is a huge loss to overcome this you need to research thoroughly before investing into it.

[MMA]

Panic buying when the price rises or panic selling when the price drops are almost guaranteed to make you lose money. I've done it myself in the past.

Yeah I agree. This is the most dumbest activity in trading and everyone have already done it at least one time in the past. You can never obtain any money from it and there is a high possibility that you will lose some of your capital. Be wise in trading or you can not get anything from it. IF you want to be good, you should learn some basic knowledge about the markets

Yes ,basic knowledge is the most important and don't be afraid of mistakes every trader experience that mistake that will make you think afterwards and if you got it to correct or do it again it will be your skills panic selling and buying is normal in trading that manipulators or big whale traders do for them to gain attention to pump or to dump the price rapidly.

Yes, many traders due to not having enough awareness on important aspects of trading, frequently committing mistakes which are very common for trading fields. I guess, they will start learning from their mistakes otherwise surviving in trading would be really hard. If we do not repeat same mistake then there would be more possibilities for making huge profits.

Mistakes on trading is really a normal thing specially when we are just beginners and even those professional traders out there do the same thing too because those mistakes would really mold us on longer exposure on doing trading.Its not really an easy career because it would really takes time and effort to be profitable on it.For me emotion would be the major problem on doing trading.

Exactly that is why not all people who use to trade earn profits and continue trading ,As of now tgere are some coins that are not valuable even pro traders having a mistakes .And i would agree that emotion is the major problem because if you cant control it well ober the situation morely you have wrong decisions to be taken.

an in the end these mistake make us as perfect traders. if  a person is not relucting to invest money in trading and if he invest their money in a limit then the mistake he made cannot harm him too much but will certainly give him good experience. because error and mistake teach us the better letter. so it is good if a person is going mistake and is learning lesson from these mistakes.

[ReLieD]

The most common problem people have while selling and buying is that
They panic a lot. Like they get a buyer then want to sell it quickly.
I'm taking the case of new members who are new and don't have much knowledge about trading.
So I personally feel this is the major problem.
And after trading they regret

[d@nte]

Every one will fail to choose the right one, it will happen some time because all people are not perfect. After failing to choose right coin ultimately there is a huge loss to overcome this you need to research thoroughly before investing into it.

Depending on the type of market in which you invest, even a deep research may not be enough to rid you of high risks. The altcoins market, for example, is a market with high volatility, and some cryptocurrencies have their price easily manipulated, especially pre-mined coins.

[btcdiggingmaster]

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.

That's true, but there is bottom line why we make mistakes, it can be lack of knowledge in investment, and trading. But if we just knowledgeable about it for sure loss of money will no be happen I think. Because we know the proper way of trading.

Even though we are knowledgeable some time loss will happen, many people have a big nature when ever a coin is pumping many people start buying at that higher price, soon after when people are dumping harder we could able to reach the value we bought, so ultimately it leads to loss.

[target]

One mistake I did in the past was also selling the coin that most people speculate to moon after months. After buying those coins, I also saw an opportunity to buy another coin which reputable users are also hyping. I was thinking the old coins i bought didn't moon and so I dumped them to buy the new one. Its was too late to buy the old one when I learned its value rise more than $4 and going up already.  I still regret losing a lot of monero during those days. I still bought hundreds of it sold again after it doubled. Lesson learned is to wait.

[Supercrypt]

One mistake I did in the past was also selling the coin that most people speculate to moon after months. After buying those coins, I also saw an opportunity to buy another coin which reputable users are also hyping. I was thinking the old coins i bought didn't moon and so I dumped them to buy the new one. Its was too late to buy the old one when I learned its value rise more than $4 and going up already.  I still regret losing a lot of monero during those days. I still bought hundreds of it sold again after it doubled. Lesson learned is to wait.

"To wait" cannot see good lesson all the times and for all the altcoins.

Your incident must be a peculiar one as that particular altcoin finds its moment of in recent times. If that would not have happened, you might have done a good job by selling them immediately.

My suggestion would be, just move on. This types of mistakes are most common in a trader's life always.

[pinkpanther03]

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.

Every mistakes we made was always gave us a lesson to learned about it, so the next time  we do something about, it won't happen again. Even we loss of money. Many of the traders especially newbie, they often jumped up at once to earn big profit. Their very hot and excited to experience to earn big in trading so in the end they've loss big amount of money.

[Mvaporis1961]

I think my mistakes in tradings are,
when I panic and sell my alt-coins in a low price then after a few days the price just pump up,
And also when I get greedy like when the coins price is pumping up and I won't sell it cause I think it will still go on then suddenly it will dump.

[deisik]

One mistake I did in the past was also selling the coin that most people speculate to moon after months. After buying those coins, I also saw an opportunity to buy another coin which reputable users are also hyping. I was thinking the old coins i bought didn't moon and so I dumped them to buy the new one. Its was too late to buy the old one when I learned its value rise more than $4 and going up already.  I still regret losing a lot of monero during those days. I still bought hundreds of it sold again after it doubled. Lesson learned is to wait

Reputable users are not hyping anything

They are silently earning profits. If you think of someone as reputable and then they start hyping some coin, you may want to reconsider your attitude toward reputation. If someone knows for certain that some coin is going to rise (or fall, for the record), in majority of cases he will either keep complete silence or in fact start claiming that this coin is going to crash (rise) soon. The reverse is not true, though. If someone not "in the know" claims anything it doesn't necessarily mean that he will always be proven wrong. Even a broken clock shows the correct time twice a day

[Sled]

I think my mistakes in tradings are,
when I panic and sell my alt-coins in a low price then after a few days the price just pump up,
And also when I get greedy like when the coins price is pumping up and I won't sell it cause I think it will still go on then suddenly it will dump.

I already experience it when i was a newbie and until now i'm experiencing that greediness. I always buy atlcoins at a low price but then the bitcoin got higher then the prices of altcoins got even lower than i expected so i sell my altcoins and now the price of bitcoin is getting lower then i already regret those decision like selling my altcoins for a very low price and getting negative profit but now, I'm trying my best to avoid that kind of greediness and just hold and sell at a higher price.