Quit cryptocurrency trading its not for you!

[Kunlejoe0]

The idea that cryptocurrency is a quick money spinner is totally false. You have to have something solid to exchange for cryptocurrency or you buy cryptocurrency to hold it for profit for as long as possible.

[valentinen39]

The idea that cryptocurrency is a quick money spinner is totally false. You have to have something solid to exchange for cryptocurrency or you buy cryptocurrency to hold it for profit for as long as possible.

The idea is actually correct, cryptocurrency is a quick money spinner because those who are invest while the market price is low are all earning a huge amount of profit.

[Natsuu]

We have different shoes to fit in so if your friend had a good luck here then it doesn't mean that it will happen to you as well.  Some are really blinded from having a huge return here and they can't actually manage their expectations throughout, and it's really sad tho. Though we say experience is the best teacher but if you're losing more than you profit then maybe you should take a break and realize your mistakes. If something is meant for you then it will be.

[hovrah]

We have different shoes to fit in so if your friend had a good luck here then it doesn't mean that it will happen to you as well.  Some are really blinded from having a huge return here and they can't actually manage their expectations throughout, and it's really sad tho. Though we say experience is the best teacher but if you're losing more than you profit then maybe you should take a break and realize your mistakes. If something is meant for you then it will be.

The fact is that many people fail because of the evaluation of their capabilities. Blame for all the poor information content of society. Every user who comes to the crypto-currency business is looking for big and easy money, but the reality turns out to be quite different.

[Finestream]

We have different shoes to fit in so if your friend had a good luck here then it doesn't mean that it will happen to you as well.  Some are really blinded from having a huge return here and they can't actually manage their expectations throughout, and it's really sad tho. Though we say experience is the best teacher but if you're losing more than you profit then maybe you should take a break and realize your mistakes. If something is meant for you then it will be.

The fact is that many people fail because of the evaluation of their capabilities. Blame for all the poor information content of society. Every user who comes to the crypto-currency business is looking for big and easy money, but the reality turns out to be quite different.

I think we should always put in our mind that trading is not really for everyone who wish to earn quick or long term profit.It needs a thorough research first and understand all that you have read or seen because in  real trading,everything is quite complicated.But as long as you have  the full determination to learn continuously and had developed patience,then i think you will succeed in trading.

[ellehcar]

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

I also believe in you that those who are fearful and continue to do the cycle of buying low and selling even lower until none is left should quit trading. Trading is not for everyone, just as not all is fitted to be a president. Trading requires skills, good decision-making capabilities and emotional strength to survive the wave in the cryptomarket. Though skills can be acquired, they should assess themselves first if they are really on the right track. It's only through this, they can succeed.

[akosipepot]

We have different shoes to fit in so if your friend had a good luck here then it doesn't mean that it will happen to you as well.  Some are really blinded from having a huge return here and they can't actually manage their expectations throughout, and it's really sad tho. Though we say experience is the best teacher but if you're losing more than you profit then maybe you should take a break and realize your mistakes. If something is meant for you then it will be.

The fact is that many people fail because of the evaluation of their capabilities. Blame for all the poor information content of society. Every user who comes to the crypto-currency business is looking for big and easy money, but the reality turns out to be quite different.

I think for most people is also the element of panic over the market crush and the misconception that if it's written must therefore be true. There are a lot of false news and people just can't make that distinction. 

[hulla]

I believe that many of us are entering the market only with the desire to profit from the bitcoin trade, but you can see that the market is fluctuating continuously and is in a bear market, because So I believe that if you have a lot of losses then you should try to divest and withdraw from the market. You can see that financial markets are not for the masses and few can succeed in this field.

As what they say, trading is not for everyone. According to the survey, only 10% really profit from trading and the rest just basically give their money to those who are in the market for a long time. Eventually, when you will not be able to adjust and still can't manage your emotions when trading then it is not for you.

If you are impatient and cannot stand waiting for the right time to buy or to sell then you should just invest rather than trade. Cryptocurrency trading is risky and since it is an unregulated market, many are still taking advantage of it doing pumps and dumps.

You're about what you said but the only thing that I think it usually cause that in most crypto currency trader is the greediness act which literally lead them to investing more than they afford to loose and once they don't start small/set an amount aside they will be too emotional.

[Rahar02]

~
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

Honestly, I can't imagine there are people will invest without learning about the market first.
Many people have tried, but they just failed to determine a good entry point nor didn't have the patience to wait for the price recover.
Different story for altcoins market, some coins have real potential while most of them aren't profitable classified as shitcoins.

[electron-coin]

Unfortunately, there are a lot of such people. They for some reason think that it is very easy. Also there is a part of people who even try to understand all this, to study the information, but for some reason they can't do it. I think that all this can be explained by the fact that people have uncontrollable emotions. At first they are overwhelmed by a strong desire to earn, so they are trying to learn some information that will help them to make money on the crypto market. Then comes a whole series of emotions (fear, uncertainty, greed, disagreement, panic, etc.) with which they simply can't cope. Man needs strength, patience, intelligence and perseverance to achieve his goals. And most people are weak and lazy.

[pinoyden]

Yes trading is not for everyone but that does not mean we need to quit the crypto scene already  . if we are really dedicated on our passion , we can still learn it and make our selves to improve more .  remember , all succesful traders do also start from noobs and they did also loose a bunch of cash just to do a trial and error .

But if you really think that trading is not for you , then you can just move on and try other things like investing and gambling .  sometimes , all you need to do is experiment to see if what is best for you

[Pattart]

The idea that cryptocurrency is a quick money spinner is totally false. You have to have something solid to exchange for cryptocurrency or you buy cryptocurrency to hold it for profit for as long as possible.

Trading or investing crypto does not just rely on luck like in gambling dude, you need knowledge and even a good analysis,
you have to be smart in choosing and investing in potential coins, you can not pick at random with your luck..

[hastag_80]

The reason why there has been a serious insurge of people into cryptocurrency mostly populated by newbies and novices is because someone somewhere told them they can make 100% to 500% in crypto within few days, lol but how many really had such experience.
The worst still is that some don't even think learning is necessary in the crypto market, and so they just invest their money in crypto and manage to know how to open and close a trade, and as soon as any candlestick chart turns red they dash their coins into the market in fear to cut off more loss and the cycle continues till nothing is left.

If you are doing this at the moment just quit crypto trading its not for you.

actualy in this kind of investment especially in cryptocurrency everythings have its own passion,and its up to us,which would we thinks is most suitable for us,but in the carrer of trading,its better that we must learn a lot of experience before we consider our self an expert about these kind of bussiness,so we can gain a good trading and a  good profits of our capital that we invest,being a novice into this of investment is a part of learning to become a good traders someday.

[yonjitsu]

You can't actually dictate people to quit crypto trading at any point of time because even them can't really decide exactly to quit or continue trading in a losing manner. Despite all of that, they keep on doing it because there are really people who have strong belief that they will have a better trading time struck with luck in the coming days.

[suzanne5223]

You can't actually dictate people to quit crypto trading at any point of time because even them can't really decide exactly to quit or continue trading in a losing manner. Despite all of that, they keep on doing it because there are really people who have strong belief that they will have a better trading time struck with luck in the coming days.

You're totally correct because cryptocurrency trading and gambling have almost the same fever. However, very successful trade need to accept debt and every day is not Christmas you know.

[simpleholmes]

the point you have made is very accurate as there are people which I have seen with my eyes that think in crypto you always learn and never lose, so they wish to invest their whole savings and rent money extra.

[Fredomago]

You can't actually dictate people to quit crypto trading at any point of time because even them can't really decide exactly to quit or continue trading in a losing manner. Despite all of that, they keep on doing it because there are really people who have strong belief that they will have a better trading time struck with luck in the coming days.

You're totally correct because cryptocurrency trading and gambling have almost the same fever. However, very successful trade need to accept debt and every day is not Christmas you know.

Maybe acceptance can make a difference, if a traders understand the risk and he can pursue and continue his journey then it's still good for him to  play inside the market, but if not better to quit while there's still a time, the market is volatile and can eat us up alive, whales really play a lot and the fluctuations seems to be hard to analyze even you deal with every aspect that you know that will affect the movements, understanding and accepting that in this type of business you needed to have a guts to succeed.

[liseff3]

This's what the market calls the zone of meeting people or users both new and old, various characters of people all gathered here to get their luck in various ways, whether investing or trading. There's no one, who can regulate them in carrying out their activities on the market.

[loveinberlin]

I think that this is for me because i like taking risks if knowing that this can bring me money, a lot of ! i like the main idea of crypto currency and think that this is the best way to earn a living now

[CryptYeah]

Actually agree with you in many respects, but do not put a cross on the trade just because the person came here not with the topic of expectations. Just need a couple of times to lose some money, then not to repeat your mistakes.