Baoo
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January 14, 2018, 07:35:52 PM |
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In general, If you are a beginner in the trade it will be difficult for you in the first period, and is necessary to learn about cryptocurrencies before you start to trade. As well, I guess that the most important thing in trading is patience.
In addition to that, for example, if you buy a large quantity of a successful currency and then after a period there will be a rise and in that moment may you rush and sells everything and then that currency will jump, as the value becomes too high. In fact, patience is essential for profit.
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BitBite5
Member
Offline
Activity: 210
Merit: 40
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January 14, 2018, 07:57:42 PM |
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I don't know anyone who hasn't suffer losses from time to time so this is inevitable. The question is how much you lose and how you handle it. The key is experience and finding the way to cover losses with back up strategy. It's not important if you fall as long as you know how to stand up again.
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signaturecoin
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January 14, 2018, 08:12:29 PM |
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A lot of people do not realize that they are just losing a lot of money because they are just following their emotions, and that is the worst thing that you can do, and more if you are just going to use a lot of time for trading purposes.
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Lanatsa
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January 14, 2018, 08:13:19 PM |
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I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
You did already answer your own question which trading is simply means a buy low and sell high thing.It sounds too basic but executing and making orders aren't really that simple because we wont even know on a certain coin if its on peak price or bottom price which really makes it hard.You would really lose up money if you do buy high sell low,which is a common sense thing. but if you do decide to hold up its not still consider a loss since you didn't sell anything but somehow this thing turns out to be a gamble.
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Eternu
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January 14, 2018, 08:28:36 PM |
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I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
There are several ways to lose money from trading. First is the one you said, buy at one price and sell for lower than you paid, that is bad way to trade. There are few things that trader needs to have in mind: First is price - remember price that you paid for coins and try not selling for lower than you paid Scond is transaction fee - have in mind that you will need to pay that too Third is how much will you lose after changing crypto into fiat Therefor to have positive income you need to earn enough money to cover those expenses and a bit over that. I think that is the basic things for trading.
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UnusualMouse
Newbie
Offline
Activity: 99
Merit: 0
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January 15, 2018, 10:51:56 AM |
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The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.
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yamortsac
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January 15, 2018, 11:44:40 AM |
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Well if you buy coins at a high price then you sell it at a lower price, definitely you will lose. If you think the coins you buy gets low, you shouldn't sell it, you just hold it for a while and wait for the price to get higher so you can get profit. Don't hurriedly sell your coins and be patient to win in the trading.
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Jating
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January 15, 2018, 12:07:18 PM |
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The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.
In every journey in life, one must experienced a lost so that we will successful in the future. So trading is not a exemption. I myself have experienced a lot during the course of my journey, specially in the beginning. There are days that I want to quit and think that trading is not for me. However, I kept on going and learn a lot from my past mistakes. I say that I'm doing good right now and I'm very thankful that I decided to stay in trading. Well if you buy coins at a high price then you sell it at a lower price, definitely you will lose. If you think the coins you buy gets low, you shouldn't sell it, you just hold it for a while and wait for the price to get higher so you can get profit. Don't hurriedly sell your coins and be patient to win in the trading.
Of course that is not the correct way and you can't really profit that way, unless the coins started to rise again. And you will only get a small profit, as compare to getting it when the price is extremely low. Patience is really the key here. We need lots of them. We should learn how to manage it so that we can profit in the future.
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Finestream
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January 15, 2018, 01:09:24 PM |
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The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.
Yes patience is the very first key in trading.We should not always think of making profit in the shortest time.Monitor first the price movement before jumping into conclusion.It's never an easy thing to trade just because you have lot of coins onhand,learn to weigh things closely,and when you already see the price has gone so far from the day you bought it,then for sure it's the right time to sell.Trading really needs most of your time than any other activity here.
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JTEN18
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January 15, 2018, 01:28:36 PM |
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The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.
Yes patience is the very first key in trading.We should not always think of making profit in the shortest time.Monitor first the price movement before jumping into conclusion.It's never an easy thing to trade just because you have lot of coins onhand,learn to weigh things closely,and when you already see the price has gone so far from the day you bought it,then for sure it's the right time to sell.Trading really needs most of your time than any other activity here. Trading is like a roller coaster you have to go with the flow and don't give up whenever you are feeling that you cannot take it anymore. Price really varies from time to time but that doesn't mean that when it became dump now does not mean that it will be gone, so make a wise decision always.
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mornabo
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January 15, 2018, 01:30:41 PM |
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The loss is expected in trading. Successful Traders always experience loss, but they always manage how to get things right by not panicking and staying calm in every situation.
Yes patience is the very first key in trading.We should not always think of making profit in the shortest time.Monitor first the price movement before jumping into conclusion.It's never an easy thing to trade just because you have lot of coins onhand,learn to weigh things closely,and when you already see the price has gone so far from the day you bought it,then for sure it's the right time to sell.Trading really needs most of your time than any other activity here. yes i know patience is the key, but when you have a lot of coin in your hand and the price of the coin is really far down from your previous purchase of course that patience will turn into fear and panic, i think the first thing to do is how to order that we do not panic when the price goes down even though you have a lot of coin in your hands, and I've tried some ways like positive thinking, patience, etc but I'm still scared and panicked because sometimes the market situation and the issue make it all messed up, and then I cut lose and get the loss,
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Ausgewielt
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January 15, 2018, 01:37:20 PM |
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I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
atleast you should make an observation before you buy a coin. You should know about what thing that you buy. I suggest you to buy coin only in ICO because it seems that you are newbie and new in this cryptocurrency world. Don't look at the price but look on what is behind that coin, I meant is the fundamental.
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Prettyme
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January 15, 2018, 01:47:11 PM |
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I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
Always remember that losing has been part of our life but it's up to us on how are we going to use our lose to gain profit. So in trading we you must the basic rule in order for you to not lose you must buy low and sell high to avoid loses. Always at the price before buying and selling.
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Ranly123
Full Member
Offline
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
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January 15, 2018, 01:57:43 PM |
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I am a newbie, I just want to ask how exactly are you losing your money in trading? Can anybody explain how you lose your money in trading? Correct me if I'm wrong I just think that when you buy high but you sell it in low price I think you lose, right? What if you you buy it at a higher price then the price falls on the next days or week will you loss something? What if you'll just hold for it and wait for the price to bounce back? Thanks for your opinions! ☺️
Of course you could lose when you buy high and you sell low. The best thing to do is to buy low and sell high and that is always to be done. When you buy a token in a higher price it is better for you to hold it a bit and wait for the price to rise higher that how much you bought it.
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kawsar_rahmed
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January 15, 2018, 02:09:49 PM |
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My Suggestion is HOLD Untill price going up and Don't Sell on BTCStop Loss
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tapaibuccok
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Activity: 303
Merit: 10
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January 15, 2018, 02:16:01 PM |
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now I am experiencing the same thing with you, I buy the igniz coin then I experience kerugia because the price is down, I still hold this coin because I do not want to lose, it takes a long time but no problem
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Hypnosis00
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January 15, 2018, 02:22:25 PM |
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Loss in trading is so normal and there is nothing to worry about if we will experience some losses in trading and we should accept and it make it as our source of learning where we can get information that we can use to improve ourselves and also improve our trading performance which is the key for us to reach our trading goals.
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Starone1
Newbie
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Activity: 139
Merit: 0
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January 15, 2018, 02:40:41 PM |
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Not as easy as you think, based on trading is to buy cheap and sell expensive to get profit. But actually speculation and patience also have an important role in terms of trading. Many new traders lose due to lack of experience in speculation and patience.
Before going to join bitcoin you must study about it because there are a lot of things which are very important to know about them because when you will not study them so it’s very hard to earn from bitcoin because bitcoin is such a currency which is very easy to earn and if you want to learn about bitcoin so is also very easy to learn about it so I’m sure when you learn about bitcoin then you will never loss in trade.
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Fazlurkhan.kz
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January 15, 2018, 03:49:00 PM |
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It just depends on when you buy and when you sell. The trick is to buy during a dump that is when the price falls and sell during a pump that is when the price rises. And if you do the opposite, that's how you lose money. It is then considered a loss. And it really doesn't matters what the price is until you hold that coin if you've invested after a lot of research in a good coin then the value will definitely rise again making you profits. But as its rise or fall is not in the control of someone in particular, nothing can be predicted. Maybe the coin could die and the amount you invested might vanish but always invest in good coin to avoid losses and if ever you face loss, just learn something from it and start improving yourself and compensate for that loss in your next trade. Good luck!
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PrinceCaspian
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January 15, 2018, 04:26:35 PM |
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Losses are part of the game and it is like the risk that we need to expect that we will encounter someday and in trading it is very often to experience loss but it really depends on us if we are going to treat it as a thing that will make us weak or strong and after you find out which of those two then you will become either worse or better.
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