Trading don't work for me too well

[BlockEye]

I'm not on the side of trading at all...For me it's much better to do long-term or just ICO investments and sell them at the right time points...

Some coins really deserves a long term investment especially if it have potential, if you will keep your coin too long atleast always keep yourself updated on the project status, does that coin still on exchanges list, or does the team still active on adding some development on it, just to ensure that your holdings is worth it.

[ultrloa]

I'm not on the side of trading at all...For me it's much better to do long-term or just ICO investments and sell them at the right time points...

Some coins really deserves a long term investment especially if it have potential, if you will keep your coin too long atleast always keep yourself updated on the project status, does that coin still on exchanges list, or does the team still active on adding some development on it, just to ensure that your holdings is worth it.

Apparently some people doesn't event see how worth of the coins they had and dump it immediately on single instant amnd some of them dump when the coin price dumped by the bounty dumpers and this is how they lose their potential profit. But if they bare wise decision and do the buy and sell mindset then provably they might earn huge.

[samcrypto]

All traders are faced with unfulfilled expectations. There is no chance that everyone who joined crypto will become rich, only the most persistent traders cross the finish line of huge earnings.

But those people also incur losses, in trading we all experience this thing no matter how much we know about it. You have to be more wise while you are trading and accept your mistakes and move on on your loses. At the end only those who make good money are the real winners here.

[tuliobrothers]

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

I guess,  trading is not easy,  it is difficult to adjust and predict the next coin that will surely rise specially when the market are all down.

For me,  Trading  becomes more easier when you understand the idea on how to handle it when the market are down or not.

[Thirdspace]

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

If trading won't work then go for holding because holding can give more profits than earning from daily trading.Trading is very risky to do so it won't work for everyone so it is not a sin if trading is not work for you just pick the other way of earning.

Trading is risky same as holding, it doesn't guarantee you to earn that big. Don't forget that there are people who do day trading or the like and earn big profits. That is a life of being a trader, you lose some, gain some and these experiences are vital that may help a trader along its troubles on the road.

Instead of advicing the OP in switching to holding, why not change his trading strategy? Maybe, there's something wrong in what he does and that's the reason why he failed.

How would you help him change his trading strategy if he has impatient as one of his trait
that's why we need to understand what type of investor we are before pushing ourselves to be the opposite
not all people suitable as a day trader, even by learning all the necessary basic and advanced strategies

so another possible way is by being a long time trader or another word is investor who holds for long period of time
and only cashout when the investment is giving good enough return or losing good enough amount
as an investor, his impatient could be overcome by stashing the fund in lock time address, paper wallet or etc

[Saidmod]

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

I guess,  trading is not easy,  it is difficult to adjust and predict the next coin that will surely rise specially when the market are all down.

For me,  Trading  becomes more easier when you understand the idea on how to handle it when the market are down or not.

That's right man, trading is not easy how more tp the people who don't know how to trade. Thr other one is if trading doesn't work for you then you have to think up on your mistakes why you loss adjust and try to learn from it trading is not an overnight skills to be master.

[spikyz]

i totally understand. some of my trades is negative, then slowly i set back my head straight...

dont buy at ATH. dont be to excited or FOMO.

simple concept im curerntly doin is.

buy at ALL TIME LOW. Low of the month could works as well.
Only sell when profit, either in term of USD or Satoshi.

if not profitable just yet, i would just hold.

however i would sell if i saw a better return in different coin and i can salvage it. which is very hard to come by.

its all about your risk appetite.

[The_Dark_Knight]

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

The truth is that trading doesn't work for most people so you are not the exception you are the rule, but that doesn't mean that you cannot earn money with bitcoin, the difference is that you will need to hold your coins for a lot of time and for that you need to be patient, there is no other option because if you're not patient holding is not going to work for you either.

[cryptoblue77]

Trading hasn't gone well for a lot of people, it hasn't gone well for me too. I have traded for a shorter period of time and some time day-trading, that's why it has gone wrong in my situation.

[gilangIDR]

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

Tranquility is indispensable in trading. I advise you to keep trying to trade with a small nominal, because then you can train the skills and skills you have. It will be your capital to achieve a much better result. The point is that never think to give up, make a failure to be a way to be successful. Many successful people start from a failure, they never give up and keep trying everything. I'm sure you can do it too.

[CryptoCoin8487]

Have lost so much money on coins that doesn't work well for me. My flaws are I'm  impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

What a sad experience your there bro i think you have to change your attitude with that matter if you realy want to earn money in trading you have to be petience and dont be panic if you see some bad news and your tokens down domt wory it will recover soon.

[Crypto_trader87]

Trading hasn't gone well for a lot of people, it hasn't gone well for me too. I have traded for a shorter period of time and some time day-trading, that's why it has gone wrong in my situation.

Day tradinh require a good skill in trading if you are just a bigginer then you were only lose your money or sometimes you earn but not that much. The best for us newbie in trading is we have to be petience and keep calm when the time that we see our holding profulio is dump dont be so greedy and think your losing your money because its dump now so you have to sell in low price to recover some and not lose all of your money.

[Kunlejoe0]

No matter how knowledgeable you are in the world of cryptocurrency, there are still some things you will not know of, that is why planning your trade thoroughly is so sacrosanct! You can only improve on what you are doing better and ignore what doesn't work!

[denisaardelean]

Long term is definitely better for those who don't have that much can't cope with the price. With gambling, there's a big chance for you to win but there's also equally the chance that you would lose. Trading is not suitable for everyone. Those who aren't capable of controlling their emotions would incur much more loss in short trades. I think trading is all about patience.You have to be patient being impatience is not good for you

[ervinmadureri]

You don't want to do things you dont want to so if you do it then maybe you will find yourself more deeper in loosing. Will drive a person to do things and if thats absent then whatever you want will not happen. I've actually lost some also, Trading requires more of time and effort. If you miss a sudden increase you wont actually get a good profit. Since Im not yet trading full time, I know that I wont earn that much. So insteaf of trading, I do the basic of holding and just adding amounts from time to time

[sallee2]

Long term is definitely better for those who don't have that much can't cope with the price. With gambling, there's a big chance for you to win but there's also equally the chance that you would lose. Trading is not suitable for everyone. Those who aren't capable of controlling their emotions would incur much more loss in short trades. I think trading is all about patience.You have to be patient being impatience is not good for you

Yes maybe you should go on for a long term investment.The profit may not be quick but at least you have the assurance you will make profit in the end. But I believe there are still lot in here prefer to do trading than anything else. Long term is definitely better for those who don't have that much can't cope with the price

[spikyz]

btw one more point to add. you might want to buy a book, follow a good ta on twitter and check out youtube channel on TA, Node investor, datadash is a good start.

then ask urself, do u have the time to do it . to trades , to act wheen needed.

[Victorycoin]

all most traders used to loss their money before they can earn a lot of money, you can consider you failure is the trading fee to learn lessons about being patient and control you emotions

That can become the case if and when the particular fetter, for OP it's impatient and ignorant, is properly addressed and taken out of the picture else there would likely be no end to the payment of the above trading fee. Emotions of any type - positive or negative, if not put under check have been proven to be a spoiler for all category of traders. The way forward is, first, like OP have done - identify and highlight the root cause of the problem and the other, is to be able to decisively address the highlighted problems.

[hynext]

Trading doesn't work for you because you are impatient. Trading needs a lot of patient and don't panic selling because you may lose. You may need a strategy on buying low and selling high so won't lose your coins. Set aside your emotion because emotion is one of the reason why we are losing our strategy. Better to hold coins, stay away from trading.

[nelsledma]

look understanding the game and timing very important. Buy the coin part by part. It's better to buy coin in sunday. Generally sunday market turn. Patience , keep it tightly this can lot's in your life. Play with your profit and save your investment. These are some tips from me that I learn from market.

It is not an astonishing thing if trading is not helping someone in making of some good amount of money as it is not at all possible for everyone of us to do exceptionally well in trading and then become an expert in trading. If things are not going well in trading, then you need not to do it. Instead, you can look for some other ways which can help you in making of money like that of holding.