Geoll29
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Activity: 266
Merit: 10
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March 07, 2018, 03:28:36 AM |
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Trading in bitcoin and altcoins may be compared to stock investing. We may lose money in an instant and this hurts a lot. Experts say that if you're not a very patient and educated trader then don't try trading. Try investing instead, it may take long to get a return but it's better than losing all.
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Wyne
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March 07, 2018, 03:42:22 AM |
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I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
Trading is just like gambling. You win sometimes but sometimes you loss. Losing in trading is part of the whole picture. Even the professional traders also experience to lost. But the common denominator of successful traders are they never quit from trading. Instead, they write down their mistakes, analyze it, learn from it and try again. They never give up to try again until they became experts. Do not feel sorry about yourself, instead, try to entertain yourself or do something that can bring back your self confidence then try to analyze your mistakes that leads to your loses then try again. Remember that there is no easy road to success. Winners never quit.
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jamiebear
Newbie
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Activity: 126
Merit: 0
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March 07, 2018, 03:47:07 AM |
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Trading crptocurrency is not as easy as it seems. You don't just buy the dip and sell it, you have to understand the volatility of the market and learn from reading a lot. If trading doesn't work for you then try other techniques. It is a matter of trial and error that you find what best works for you.
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KingScorpio
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March 07, 2018, 03:52:37 AM |
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I lost 20000$, it is my mistake to invest in iFan. You know this project? it's overwhelming and they cheated all investors
how did they do that?
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Crypt0BHunter
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Activity: 462
Merit: 10
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March 07, 2018, 04:02:40 AM |
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Trading for traders) I prefer more long-term invetsting strategy, when you dive into the fundamental analysis of the project very deep and thenk make an invest and don't care about market.
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Siren
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March 07, 2018, 04:10:37 AM |
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I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
you didnt mentioned how you got loss,whats the fundamentals you did for losing that large capital.because as far as experienced is concern,we cant loss that big even in basic way of trading.the STOP LOSS strategy,maybe you an eager trader or a greed which always aiming for a big profit,not considering the movements but just looking for big income
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vv181
Legendary
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Activity: 1932
Merit: 1273
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March 07, 2018, 04:21:40 AM |
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Its remind all of us that trading is not an easy way to get a get rich quick scheme job. It's harder than expected. It's essential to the people who still have a few experiences about cryptocurrency trading to start with a small amount of money, not jump in with a big stash in your pocket.
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Daddyj2
Jr. Member
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Activity: 532
Merit: 1
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March 07, 2018, 04:23:40 AM |
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Dude! Trading is not for people who have a fainted heart. It's not also a get rich quick scheme you need lots of things to gain profits on trading. I myself lost a small amount of money on trading. You need to learn technical analysis, fundamental analysis how to cut loss when to get in on a coin and when to get out. If you want to trade you need to learn all these things and many more. If you have money I would suggest you to just buy and hold people make much more money by just holding their coins for a long time and you don't need to worry if a price of a coin falls hard as you are there to hold for a long time. Just pick some good projects and hold your coins for more than 2 years and you will surely get huge profits.
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"Hard work puts you where luck can find you."
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lelou
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March 07, 2018, 04:48:32 AM |
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I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
How did you lost your money? Did you panic sell? If yes, maybe trading is not for you or you may need to control your emotions.
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Acguy
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March 07, 2018, 05:20:39 AM |
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What i would recommend is to hold what you believe in and trade with a small amount and build your way to know what you're comfortable with losing.
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klixion
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March 07, 2018, 05:43:37 AM |
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Hang on there, hopefully the market will turn the tides and become bullish. This year has been pretty rocky and it's harder to make decent profits than last year. It can't be bearish forever but the longer it is, the more it does hurt. I hope the bulls come soon.
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ice098
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March 07, 2018, 05:45:38 AM |
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What i would recommend is to hold what you believe in and trade with a small amount and build your way to know what you're comfortable with losing.
I recommend to you to stop trading or maybe you should rest for a while if you feel stress about it. Maybe you should give your attention in other thing or the other way to earn in crypto then do it if you have earn a lot, or asked your friend or some people to help you in how the proper trading to avoid losing money.
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MWesterweele
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March 07, 2018, 05:53:59 AM |
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I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
Trading is not as easy as we think. I am now avoid to do trading. I prefer like to buy masternode coin like XCPO. It works, XCPO masternode operators are gain passive income everyday. No need to do trading anymore. It is a good time to buy XCPO in Cryptopia because the price is falling now. You choose to do trading so it means you take risk of it, i suggest to you to put your attention in other thing to earn, i think your not have enough knowledge about trading, so i think its better to asked some help how to do it properly. Also if you feel you gonna loss a lot of money then you should stop right away or stop for a while then continue it if you know how to do it properly.
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Fafabol
Member
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Activity: 267
Merit: 11
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March 07, 2018, 05:58:49 AM |
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I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
Trading is not as easy as we think. I am now avoid to do trading. I prefer like to buy masternode coin like XCPO. It works, XCPO masternode operators are gain passive income everyday. No need to do trading anymore. It is a good time to buy XCPO in Cryptopia because the price is falling now. We all have different preferences in how we grow our investment and some really try hard to do trading even they didn't know what were they actually doing. If you just have at least basic knowledge then just do long term holding like at least 6 months to 1 year and in this way we can lessen the losses. However, still we should know what coin will hold, of course do your own research first so there will be no regrets afterwards.
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BeruchN
Jr. Member
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Activity: 182
Merit: 1
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March 07, 2018, 06:03:24 AM |
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I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
That's unfortunate to hear. Could you explain how you lost it so people can help draw a better conclusion?
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bitmonica
Jr. Member
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Activity: 66
Merit: 1
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March 07, 2018, 06:07:53 AM |
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Trading i also like a gamble if you go all in you can lost everything. before you are good at trading you have to lose some money first but 13000? that's a lot of money. If you think you are not that good don't go that big. maybe you earn more if you used 1,000 of it to subscribed in a crypto signal.
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raidarksword
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March 07, 2018, 06:08:13 AM |
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Wow that's a lot of money, sorry for your loss. In trading, you win some, you lose some. Sometimes you don't succeed in trading and that's normal. All you must have is patience and just take your time, study all possible outcome good or bad before you do your trade.
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Denies
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March 07, 2018, 06:10:49 AM |
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I'm so stupid when attending crypto currency, who can help me to get money back? I also ask many traders who has experiences in this one, but I still lost money
I think not only you, right now almost altcoin really fell after a correction in 2017, and then the bitcoin grows and the effect of altcoin falls again. patience is very required to hold the altcoin that I hold. alternatively I do now to cover the losses on the decline, I make a large-scale purchase to altcoin that I hold versus the existing ones. I believe in next month I will get extraordinary profits.
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joelembiid
Newbie
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Activity: 154
Merit: 0
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March 07, 2018, 06:27:32 AM |
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Trade is very risky. Long-term hold. It is the best method. I hope you'll make up for your loss.
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mariayaz
Jr. Member
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Activity: 294
Merit: 3
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March 07, 2018, 06:32:49 AM |
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There are golden rules of crypto trading;
1. Never buy coins on high price, when every one is going crazy and the price is rising up unexpectedly. 2. Always buy as low as it could be, $1 under to be precise 3. Before invest in any coin, study the project, look for team check their LinkedIn accounts, check experiences, check road map, check social media reputation and what everyone is saying about it.
I started with $150 and never lost any penny because i bought at lowest, even when bitcoin crashed to $7000 i was still in 20-30% profit.
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