Quit cryptocurrency trading its not for you!

[Domicbora]

Many people wants to make money out of crypto trading but constantly loosing and still insist to do trading. Maybe it is better for them to quit trading already, there are more ways to earn out of cryptocurrency after all.

Well, there are some different opinions about this thing. There are some people who don’t want to go in trading just because they don’t have interest in it but for some odd reasons, they only want to earn money. This objective let them take this initiative but they don’t learn about it. So you are talking about such people here. Else traders are mostly winning the cases.

I don’t think so that there is any such point of quitting day trading if you are performing well in trading. We all know this fact that it is not possible for every one of us to do well in trading but the ones who knows all the techniques which are required to make some good earning, they should keep on doing that. If you think you are unable to make any significant earning, only in that case go for quitting it.

[CoinsInvest9]

crypto trading is for the not for everyone
one should start by using small capital first to test their skill and knowledge or trading strategy.
Its a game about being patient and hit the right spot on right time and only then can you really make profits

That's right,  trading isn't just easy as people think about it.  It needs more time to learn and acquire more knowledge about it before taking a steps into this field.  You might get loss if you don't have this tools, it also needs to control our emotions since mostly people get lost just because it these.

I think that everyone has the same level when first time joined in cryptocurrency. With any newbie, he definitely feel strange with crypto world, he got into a big trouble and both feeling like giving up because as you know every field in this market is all covering risk. Especially, there is no doubt that trading is full of risk. However, if one who have enough aspiration to conquer this job, I think he can take all advantage from this  market’s providence  to do well  for trading. Nothing is impossible as long as you still give time to study and never stop trying, you would completely be more likely to reap a huge fruits in trading.

[Zooplus]

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.

Yes.Trading and gambling are likely similar but trading can be learned particularly for new beginners to avoid more losses along the way.Unlike gambling that depends more on pure luck.I believe all of us here had experienced losses in trading so it really depends on ourselves already on how we make our trading experiences more profitable in the coming trading days.

[Caelanpelley]

It is true that e-money investments bring you a lot of money. But not everyone is capable of doing that. Those who lack the knowledge of electronic money if hurry to invest money is dangerous. You need to know the market situation if you reduce the price you can stop investing in crypto.

[TobMarshall]

I won't really say that, I believe crypto is a global currency that would definitely be accepted as a legal tender some time to come. So if trading is not for such, when crypto starts ruling the world of currency what do you expect such to do. I believe the better way to this is, if you want to trade, it is not difficult, go for the learning and technical know how, to avoid stupid losses.

[Ziskinberg]

I won't really say that, I believe crypto is a global currency that would definitely be accepted as a legal tender some time to come. So if trading is not for such, when crypto starts ruling the world of currency what do you expect such to do. I believe the better way to this is, if you want to trade, it is not difficult, go for the learning and technical know how, to avoid stupid losses.

I agree.Since trading can be learned in numerous ways,then find times to make it happen.Because if you really want to succeed in such thing,you will not just quit from it easily.Otherwise,you will exert more efforts to make it work for you so as to avoid huge losses the next time you trade.

[Nick Abimanyu]

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.

This's one of the effects, if they don't think carefully in conducting cryptocurrency trading, are vulnerable to panic, don't understand how cryptocurrencies work, lazy to ask, even when they sell they never think, that the impact will cause people others suffer losses.

[enawati]

In cryptocurrency trading we need more better management of money and risk because volatility of crypto so high, and if we can manage the risk and do not greedy will make possible to earn huge profit. Personally i did many mistake in crypto trading, but from this mistake i have more experienced and try to make better risk management. Patient also should be in crypto trading, and if not patient is better left from trading activity.

[BaraxLo]

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. 

Irrespective of how much rumors about the technology and crypto prevails in the market, a determined man will learn about it and will invest in crypto. This is all about your mind set. And about trading, I would say that it is never perfect and not very easy as well but you can rely on your experience and keeping the current market condition, you can modify your trading strategies which keeps you safe in trading and can earn your pretty much when the price is appreciating.

[AnnaJames12]

There are a lot of comments from the world's leading experts, but in my opinion, from my own experiences, my own empirical research are the main factors affecting the profitability of the assignments.

[Yelosita]

There are several reasons why beginners pursue crytocurrency trading. Information that trades cryptocurrency is easy and profitable, is an attraction for beginners. They do not understand playing trading where their learning needs, it takes time, failure, even boredom when the expected benefits have not arrived. So when trading losses get bigger, temporarily leave everything unfinished. Then learn from the beginning, discipline, observe those who succeed takes a long time.

[Winnerschapel]

Mainly, newbies are fund of this mistake and the always rush to buy when the market is rising. The rule of crypto is to buy low and sell high but most times, they do the opposite and this affects them so much. You must be prepared to learn the basics of cryptocurrency and if you do not feel like learning it, it means cryptos are not the way

[Ken_1202]

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 have time trading, then now i know, crypto market not belong to me. I was fail, i lost 70% of my money when invest alt, btc. Now I trying earn back my money throw bounty

[snewkadel]

What's saddening is these people simply jump in blindly and the worse part is when they cut their losses by selling all what they have when see their investment go south.

[snewkadel]

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 have time trading, then now i know, crypto market not belong to me. I was fail, i lost 70% of my money when invest alt, btc. Now I trying earn back my money throw bounty

I also lost more than 70 percent of the money invested.But we must not give up and go only to the end,until you buy a football team . After all, who knows what the crypto market will give you tomorrow ))

[richjohn]

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.

And such people intensify any market trend in wrong direction because of panic and FOMO. They tend to follow others which results in wrong step taken at wrong time. This makes them rekt and then they start with threads complaining about BTC and calling it dead. People should understand that following anyone in trading has never been profitable. Always DO YOUR OWN RESEARCH.

[btc_angela]

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 have time trading, then now i know, crypto market not belong to me. I was fail, i lost 70% of my money when invest alt, btc. Now I trying earn back my money throw bounty

I also lost more than 70 percent of the money invested.But we must not give up and go only to the end,until you buy a football team . After all, who knows what the crypto market will give you tomorrow ))

Everyone losses in this bear market, 60-70%. I myself did lost but I'm making some adjustment on my trade and try to recoup it. You might as well do shorting specially on altcoins and it seems working on my end. But if you are tired and doesn't know what to do then its better to get out and not get yourself lose more, just a piece of advise.

[newbie-hero]

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

If somebody thinks that trading is not for him, it does not mean that he should quit dealing with the cryptocurrencies. There are other ways to earn on the crypto: investing, Bounty, airdrops.

[JessicaThomas58]

Many people do not clearly define their purpose and form of investment Crypto. They may find that others are profitable from investing in Crypto, so invest in it. But they do not know that those who have had these profits have had to study and undergo a lot of fluctuations to be able to do so.

[electron-coin]

Yes, many people live by dreams that they will be lucky one day and they will become rich. Unfortunately, these people do not understand at all that in order to constantly receive good money you need to work constantly. You can not rely on luck, you always need to do the maximum work in order to get the maximum profit.