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Author Topic: Quit cryptocurrency trading its not for you!  (Read 3878 times)
Pikachu12
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October 29, 2018, 02:45:46 AM
 #321

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.
right. Only very few people can earn such high profits for a few days. They have a dedicated team and they know how to evaluate good or bad ICO projects. This is a very confusing market. If you have no experience, find and join great cable groups and let them guide you. The people involved in the Crypto market are usually very friendly.
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October 29, 2018, 03:16:52 AM
 #322

It's pretty easy to determine if you were created for a crypt. For this you just need to trade for a long time. If you learn at least not to lose money, then this is already good. You are not hopeless. If you manage to get regular income, then this is already good.

 
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October 29, 2018, 03:23:09 AM
 #323

It's pretty easy to determine if you were created for a crypt. For this you just need to trade for a long time. If you learn at least not to lose money, then this is already good. You are not hopeless. If you manage to get regular income, then this is already good.

people are not born to become good at certain things . good people are being made and anyone can possibly become a good trader & investor , even you and me .

if you loose , dont instantly give up because loosing is pretty normal for begginers and loosing does not mean that you are not built for it . instead use this weakness as your advantage  . use it as inspiration so that you can motivate yourself to keep going and pushing . by doing this , you can eventually see and shock by the results that you already becoming a pro .
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October 29, 2018, 07:49:23 AM
 #324

It's pretty easy to determine if you were created for a crypt. For this you just need to trade for a long time. If you learn at least not to lose money, then this is already good. You are not hopeless. If you manage to get regular income, then this is already good.

I guess a good gauge is that if you are not earning money in the crypto world then obviously its not for you or not for everyone. Crypto trading is a journey so if you don't have patience and you are full of emotions then we can also say that you should look for another sideline because emotions is one of the enemy of a good crypto trader.

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October 29, 2018, 09:44:27 AM
 #325

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.

A "winner never quits and a quitter never win " thats an idea of a person who want a great success into his life  and this is also the motto of some successfull bussinessman especially those people  who become successfull into the world of cryptocurrency,therefore into this world of digital system,especially in doing trading we must not discourage,maybe at this moment we are not lucky but soon our being industrious would guide us,to our success.

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October 29, 2018, 10:43:48 AM
 #326

A lot of beginners or newbies want to make a quick profit and they joined crypto trading without taking even basic cryptocurrency education first. The result for this kind of newbie crypto trading are expected and large amount of investment are wasted. This kind of trading is known to be risky and evry beginners should learn how trade first before plunging theirselves into actual trading.
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October 29, 2018, 10:48:40 AM
 #327

Earn in the cryptocurrency market will be able to those who can wait, be patient and do not panic and you will succeed
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October 29, 2018, 11:02:39 AM
 #328

Fortunately, I am not like that, I prefer to be hodl and think in the future, because I invest for the long term. Don't act first, you better think ahead
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October 29, 2018, 11:10:43 AM
 #329

You need to bargain only when you know what you are trading. Sometimes because of this you can lose a lot of money. It is always necessary to conduct a fundamental analysis. It is very important. The fate of your money depends on it.

 
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October 29, 2018, 11:20:25 AM
 #330

Trading is not a joke,this wasn’t even advisable for every cryptonians because this requires knowledge,good gadgets and internet connections before trading,and specially skillful and patience.if you cant provide all of this ,then you should quit this field of profiteering and just focus for long term holding or investing in IcO
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November 03, 2018, 08:15:41 AM
 #331

We have different decision and opinion about if you are going to quit to trading or not. It depends on them if they still trade or not. But better if you are not going to quit in trading to get back your capital make a plan and do a lot of research that you going to decide
Exactly! I think failure is not the deciding factor to quit. Cryptocurrency has a lot to offer, it's beneficial, and profitable. Never be  afraid to fail as it can make you grow. Trading carries a certain level of risk and losses, but I believe that quitting is not the solution. It's best to find your own strategy, study the nature of trading, be on the look out of the trend, do research,and  build a strong foundation of understanding and awareness. Strategies are sets of trial and error, if one doesn't work for you, change it but not the goal.
And I mostly encourage those people who are losers in other businesses. Once a person got fail, he has to options right away. Either to get up again and do things with more determination and power. Or they might be losing the hearts and getting themselves digged. I would recommend people to go for first option. As it becomes the power to you and you would be doing things amazing next time.
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November 03, 2018, 01:03:58 PM
 #332

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.
true, many people complain about the loss they experience due to trade. in fact the losses they received were caused by their own carelessness, they too easily considered trading so that they quickly made decisions. even though trade also requires a lot of knowledge to make a profit.

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November 03, 2018, 03:47:47 PM
 #333

many beginners will learn from the loss that occurs, not everyone ends in panic and finally gives up, stopping is not the way out because basically people who join crypto and exchange markets are aware of the potential consequences.

If there is something like that, we cannot generalize everything, at least they can survive and can continue to be involved in the exchange market with confidence. I am more inclined towards optimism in this matter.

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November 03, 2018, 03:57:33 PM
 #334

Thinking of stupid people is always looking at profits that look to the risks that cause them to lose and for-profit that despite the risk may occur. Do not be fooled into believing that you can make big money in a few days with small investments. Look at the fact, or you will always lose money in trading.

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November 03, 2018, 06:44:42 PM
 #335

Yes trading is not for you if you are too greedy that can't get enough and think 5% per day in this bearish market is not enough!
Trading is not for you if you can't face with your fears and you sell in loss before your stop loss reaches , trading in cryptocurrency is not for people who cant take risks , i think.


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November 03, 2018, 07:05:09 PM
 #336

If you want to join in trading you must learn first, collect knowledge about it because  if you join without any idea and only just to earn  i assure you all your investment will loose. Learning is important because trading is risky and also learn from other mistakes.
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November 03, 2018, 09:55:54 PM
 #337

Yes trading is not for you if you are too greedy that can't get enough and think 5% per day in this bearish market is not enough!
Trading is not for you if you can't face with your fears and you sell in loss before your stop loss reaches , trading in cryptocurrency is not for people who cant take risks , i think.
You are right, but we cannot blame them, the current bitcoin value reduction incident is because many people sell their assets to cut losses, but all of that happens because of the FUD that makes everyone scared, just enjoy this trade and the process, and I remind the beginner, the greater the profit the greater the risk that must be faced
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November 03, 2018, 10:44:05 PM
 #338

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.

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Bustart
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November 03, 2018, 11:44:48 PM
 #339

Yes trading is not for you if you are too greedy that can't get enough and think 5% per day in this bearish market is not enough!
Trading is not for you if you can't face with your fears and you sell in loss before your stop loss reaches , trading in cryptocurrency is not for people who cant take risks , i think.
We don't need to be greedy with trading, because everything in here doesn't have to be put into rush. If you're thinking that it made you stressful, don't gamble yourself over and much better if you stop this kind of activity. Stay away in trading and maybe swith on to another kind of financial aspects which you think you'll be enjoying to do.

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deppil
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November 04, 2018, 01:29:38 AM
 #340

Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.
You right there are many instruments and many aspects of trade that must be learned and many things that you cannot learn in an article but from experience. thats why many people with extensive experience are more likely to have greater profitability. but I disagree if only 3-5% are successful. because a lot of my friends are traders and more than 70% of them are get profit
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