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Author Topic: Why did I lose on trade ??  (Read 2394 times)
MrCrank
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January 09, 2018, 04:36:07 AM
 #221

Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

Need check price on exchange where you trading because coinmarketcap show average price.
Also price is different on each exchange.
Check you history order and you can see real price
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Harsh_Patel
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January 09, 2018, 04:50:33 AM
 #222

Use awesome exchanges like Bitfinex and Binance to do the trading. Other exchanges will kill your profits in the Fees. Please don't do frequent Fiat transfer and look at the Fiat transfer rates before you send the transfer. Fiat transfer takes a lot of charges like 40$ in some cases. So be aware and find the best place to do the transaction at the cheapest rate.

I am sorry for my wrong doings.

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Caladonian
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January 09, 2018, 05:18:17 AM
 #223

A natural thing happens because that's the trade if you lose means there is a small mistake that makes you lose at that time. Wink
Just continue to learn and never be afraid, if you lose then instead of blaming yourself with such mistakes better to move forward and
try other ways to recover, not the way gambler do but a good trader always finding reason it will serve as a guide to be in the positive
side, better to keep on moving forward and never look back.
MinerHQ
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January 09, 2018, 07:11:43 AM
 #224

A natural thing happens because that's the trade if you lose means there is a small mistake that makes you lose at that time. Wink

You shouldn't buy just based on someone suggest any coin because those coins if start going down then you may sell in a panic at losses. But if you buy coins which you know that its future use then you may not get panic and hold them until it goes up again or you may buy some more at a lower price to average down your prices. That's you should always buy good altcoins to hold them for long if prices go down after your purchase.
semarmesem195
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January 09, 2018, 10:02:17 AM
 #225

If you want to trade you should prepare things that must be prepared before you start, so as not to happen things that are not desirable in the future, such as calculating the possibility of loss and profit, the right time, etc.
In this case i think you might in too much of a hurry to make a sale regardless of the percentage decrease in price, and you should find out from other websites not just focused on one website, so you can predict whether it fits or not.

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January 09, 2018, 10:15:12 AM
 #226

What happen to you is quite same to me, some call it panic selling
Traslavin
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January 09, 2018, 10:23:40 AM
 #227

A natural thing happens because that's the trade if you lose means there is a small mistake that makes you lose at that time. Wink
I believe that lose is a natural thing that really happen in a world of trading bitcoin. Those loses or failures only indicates that we have commit some mistakes or we are doing it incorrect so maybe sometimes we should fill those missing actions to get the correct recipe to avoid those loses, and most of all be patient because' that is the one rule of the trader.

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btcjocan
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January 09, 2018, 12:13:42 PM
 #228

A natural thing happens because that's the trade if you lose means there is a small mistake that makes you lose at that time. Wink
I believe that lose is a natural thing that really happen in a world of trading bitcoin. Those loses or failures only indicates that we have commit some mistakes or we are doing it incorrect so maybe sometimes we should fill those missing actions to get the correct recipe to avoid those loses, and most of all be patient because' that is the one rule of the trader.
I also believe that loose is a part of our life we cant become an expert if we  dont have any looses because looses can teach us in the near future to make a rightvdecision in every situation that weve already known because  of the loosing experience that we badly experience on todays trade.I believe thatvwas really a part of humans life even in different kinds of thing we can really loose everything depending on how we take control on our self.
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January 09, 2018, 12:26:03 PM
 #229

fees and maybe the price of bitcoin going down thats why u lost money next time have more patient.
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January 09, 2018, 12:33:03 PM
 #230

I trust that he can gain from his slip-up so in the other shot, he can make a benefit and even he can recoup his cash. it is hard to make a benefit from exchange in the event that we don't know anything or our insight isn't much. yet, in the event that we need to take in more about exchanging then I am certain that we can build our ability like other individuals and at last, we can make our benefit as well. be that as it may, even we have high aptitude in exchanging, there will be a period for us so we can make a major benefit.
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January 09, 2018, 02:11:34 PM
 #231

You should look at price on the exchange you are trading.
Cause there are a lot of things, for example the market cap and amount of traders, which can affect on the price.

This is very important you should look on it so you can see how much your money still, and beside its also the first thing that you should know before you sell out your  eth if how much would it be so you can still hold and wait never ever sell when you are still at loss.

I also think that never sell your altcoin in loss price or selling price is lower than buying price.
I think you are not patient to hold your altcoin and it makes you sell it in low price.
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January 09, 2018, 04:26:59 PM
 #232

You should look at price on the exchange you are trading.
Cause there are a lot of things, for example the market cap and amount of traders, which can affect on the price.

This is very important you should look on it so you can see how much your money still, and beside its also the first thing that you should know before you sell out your  eth if how much would it be so you can still hold and wait never ever sell when you are still at loss.

I also think that never sell your altcoin in loss price or selling price is lower than buying price.
I think you are not patient to hold your altcoin and it makes you sell it in low price.

Well one thing is that you have to always be sharp and observant because s little things and mistakes like this can really set you back real money. People tend to overlook especially for long time traders.

 
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Cryptophorus Columbus
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January 09, 2018, 09:24:44 PM
 #233

Because in trading don't exist solution win-win: if you gain something, someone else loses.
In this case, someone else won and you lost. Very simple :-)
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January 09, 2018, 09:46:17 PM
 #234

Because in trading don't exist solution win-win: if you gain something, someone else loses.
In this case, someone else won and you lost. Very simple :-)
In trading we dont expect of losing our money, it is necessary to analyze your trading if daily. Also, patient is needed if the price suddenly fall down so you have to wait atleast to increase. You will lose if you are impulsive trader, patient and determined to gain profit.
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January 09, 2018, 09:58:10 PM
 #235

Because trading is nothing for people who are new in to cryptocurrencies and finance. It sounds very easy in theorie, but it isnt. Finding the right time to sell and buy is much difficult and you need a lot of experience for this. So f your new, you can win more with just holding.
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January 09, 2018, 10:07:53 PM
 #236

Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

Before buying coins you should check the current market price and status for your considetation maybe you buy immediately without checking on it first, but still you can hold it for awhile because you choose the best coins like ethereum in which it can rise up anytime. I just hope you did not sell all you coins immediately due to panic because it will be a sure lose of investment.
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January 09, 2018, 10:14:45 PM
 #237

You should look at price on the exchange you are trading.
Cause there are a lot of things, for example the market cap and amount of traders, which can affect on the price.

This is very important you should look on it so you can see how much your money still, and beside its also the first thing that you should know before you sell out your  eth if how much would it be so you can still hold and wait never ever sell when you are still at loss.

I also think that never sell your altcoin in loss price or selling price is lower than buying price.
I think you are not patient to hold your altcoin and it makes you sell it in low price.

Well one thing is that you have to always be sharp and observant because s little things and mistakes like this can really set you back real money. People tend to overlook especially for long time traders.
Money would really be always at risk no matter how small it is then that can really cause loss.Patience would really give major affects on each orders we do set. Instances of panic sell or cut loss is common because we dont really like to see on decreasing prices those are common mistakes but later on we do learn up and do know on what to do on next.

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January 09, 2018, 10:22:24 PM
 #238

You have to read a lot about trading before trying it, because without good knowledge you will choose the worst coins to trade, and you will sell fastly most likely without making good earning. Some coins have the potential to rise after long time, while others are considered as short term.
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January 09, 2018, 10:24:35 PM
 #239

Hello I don’t understand I bought for 4000 Eur one hour ago of Ethereum when it was going up, it stayed around the 10-20%, it started to decrease 5 minutes ago so I sold it and now cex.io just gave me 3500eur for it... wtf... Huh
The %came from me watching livecoinwatch.. Cex.io doesn’t have the accurate price ??

Did you solve the problem?
Ronaldcoin2017
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January 09, 2018, 10:30:54 PM
 #240

You have to read a lot about trading before trying it, because without good knowledge you will choose the worst coins to trade, and you will sell fastly most likely without making good earning. Some coins have the potential to rise after long time, while others are considered as short term.
People loose on some other ways of gaining for some reason maybe it is all because they are lucking an experience or maybe knowledge on that thing i believe that there would be a way to mame everything fine maybe you zshould do some research and asking a question to those who are already expert on the feild of trading because they know most about it.However i believe that looses is a part of everybodys life we need to learn to acept looses because looses is a part of life.
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