The hard Truth

[fullhdpixel]

Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!

Even if they have tips that helps them make money from crypto they will always find it difficult to tell people. I’m a trader but I don’t make profit everyday, there are sometimes loss occur, but the most important thing is that you make sure that your profit you’re making at the end of the month is greater than the losses you make. And self training is not a good idea, you should learn from people around you that have been into it for a long time.

[1715628192]

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[1715628192]

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[Crypto Girl]

personally i've lost about 50k usd before understood how the market works. now i earn money =)

This is the reality thoough even we doesn't like it we learned it in the hard way. Experience is the major key here as it will take us from where are we right now and this can help us in loving every flaws of trading. Though it's sad that we should need to loss to be able to understand well, so always just see the bigger picture of it as these losses will be beneficial for us in a long run. But I hope that everyone learn from their mistakes so they can at least lessen it.

[Jeremiesaranza]

I'd put it in other word. 90% of people who are trying to trade will lose their money. Thy haven't been studying before and basicly gambling. If you're learning constantly you already ahead most of them.

[Wowcoin]

And why do you give up so easily? You must believe in yourself and try to become the best trader, which will enter into these 10%. Trading and not only crypto currency, it's rather difficult, but not impossible.

Its true why this person are giving up so easily if you lose now there's is tomorrow you don't give up because once you enter trading expect that you can lose some of your capital.

[lushlifing]

Trading is not only a way of earning money and hardwork,
in my journey in trading I learned so many things, like
the value of patience, etc. and I am having fun while trading.

So continue, it may be a bumpy road but at the end of it you'll
find a highway. Good luck!

[developer101dev]

Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!

It was very simple to trade and that is to buy when the market prices are low and sell it again when it grow's up, the problem will only occur if you cannot handle your own emotions when the prices are dumping in the market.

[givinggirl]

The said 90% is pure speculation as there are no real data backed by statistics to support that claim. However, you should know most Crypto enthusiasts jump into trading faster before they choose to learn how it works. Thus, lossing some funds before learning from the experience. Secondly. I guess to make money (much profit) with crypto you have to take the risk of buying at dip.. With the intention of selling at pump. In most cases, if price goes dipper, FOMO sets in and some hurry to sell of thereby selling at loss. I think all these could contribute to daily loss of fund in the Crypto space. Just yesterday I hurriedly place an order when I saw the price of a coin rising.. . before I woke now, the price drop badly again. Thus, I bought high and in loss. But trust me. Ama hodl the profit out of it.

[AnonBitCoiner]

Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!

Not all the people lose their money in trading,it will happen due to the lack of knowledge.To prevent your money from loss,you have to learn a top to bottom of trading.If you feel,you are quite enough with trading knowledge,you can start to inverse in bitcoin. Another reason for loss in trading is, people like to get profit in a short period.This two things is the cause of loss in trading.

[Indrawan77]

There are various reasons why people losing their money, first one is lack of knowledge, greed and predict the wrong market movement, it took times to become a good traders, but most of the traders want a shortcut and make tons of profit in a single trade, there are a lot of people succeed in trading, the earning of trading is limitless and within the time you will get more knowledge and become more familiar with the market situation, and if you already got knowledge and experience you can increase your chance to make profit in trading

[Slow death]

Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

 

then nobody would be buying cryptos
 

This has somehow made me lose interest in learning to trade.

well if you do not test, how will you be sure that you are not able to be part of the group of 10% that are the supposed winners

I would be glad if members could share with us some of their tips and guides they've adopted in trading.

- investigate the project; know who the team members are; whether this project has a future; whether the project will be used in real life.

- buy and hold for at least 2 years.

cryptos are long-term investments.

And do not forget these advice:

First of all, do not use the main fund of your daily life. After that, never put all your assets in one coin. Suppose you buy an altcoin for long-term savings, but if the profit is big enough please sell it immediately, if not, let's just say it is a savings account.

[zinkla]

It happens often, if you are not experienced enough and you are just starting a new journey in here. I have lost a lot of money in the last few months because of trading, but i always recovered it back after a few good days on the market.

[Getcoinsite]

Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!

Where did you get that statistics dude?that about 90% losses in trading?i guess those whom you mentioned are  greed,noob and weak traders,all of them are entering crypto trading just for profit and even without total knowledge from basic and fundamentals.

Because real traders here in cryptocurrency knows what they are doing,and consistently making trades with gains if losses maybe just small chances

[ethereumhunter]

I don't want to say yes or no because actually, every trader is only want to get a profit.   I am sure that every trader can easily get their profit if they have a patient for a while after they can get that coin even if in the next moment, the price of the coin is down. the problem here is every trader become greed when they see the price increase and they still want to reach bigger profit and this makes them cannot make any profit.

I think the two biggest problems that every trader should be aware of is the patient and greed. when they can manage this, I am sure that they do not lose 90% of their funds in trading. but they don't realize about this and they still doing the mistake over and over without making changes about their trade.

[Herbert2020]

i believe since there is no way of measuring how many people lost money in their trades so the 90% mentioned in OP is not realistic but mostly like a guess. although it is understandable assumption because of the fact that most of the traders are newbies and we are all in a heavily manipulated altcoin market where prices go up and down illogically and purely based on pump and dumps and if you are not familiar with pump and dumps and try to analyze them like traditional markets then you will definitely lose.
but as i said it is an "if", you can easily start opening your eyes and see how the market works and adapt. then you can gain more experience and eventually become successful.

[eaLiTy]

Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that " about 90% of crypto traders lose their funds "in the cause of trading.

If you are careful and not complicate things you can make a good profit, i do not recommend day trading for new users, make sure you invest when the market is down and set the selling price on the first resistance point and wait for the market to correct again and repeat the process, never sell anything for a loss and i am not sure why would anyone trade and sell at a loss, the market usually recovers in a short period of time, so wait for that and sell off when the market recovers.

[soname12]

And why do you give up so easily? You must believe in yourself and try to become the best trader, which will enter into these 10%. Trading and not only crypto currency, it's rather difficult, but not impossible.

You do not need to advise him; I think this market is not for those impatient. Some people in the investment losses 5-10% and they fear. They think they will not be able to recover the lost money. Those who think so is best should retreat from this market

[milewilda]

Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto traders lose their funds"in the cause of trading.

This has somehow made me lose interest in learning to trade. Does this mean, that as a new trader or even the professionals have a marginal percentage of being successful in crypto trading? if your answer is no, then I guess there is rules or ethics you abide by that has made you successful in most of your trading.

I would be glad if members could share with us some of their tips and guides they've adopted in trading. I think good submissions will be of help to most people in this forum.

Thanks in advance!

Where did you get that statistics dude?that about 90% losses in trading?i guess those whom you mentioned are  greed,noob and weak traders,all of them are entering crypto trading just for profit and even without total knowledge from basic and fundamentals.

Because real traders here in cryptocurrency knows what they are doing,and consistently making trades with gains if losses maybe just small chances

He might preferring to this one: https://www.dukascopy.com/fxcomm/fx-article-contest/?Why-More-Than-Forex-Traders=&action=read&id=348&language=en
and he connected to cryptocurrency which is possible but we dont know the actual percentage of those who lose and those who earn.

[poptok1]

Trading is not only a way of earning money and hardwork,
-snip-

Let's avoid of going ahead of ourself here. Calling trading hard work is and insult to hard working people.
Clicking your mouse across the screen is not what I can call "work" at all. Let's face it, its a privilege, a hobby, lucrative fun and pleasure. Before some IT specialists rant...get a life Computer is a toy, best toy ever invented but still.
The sooner one realises that all this computer science suppose to be fun, the sooner it will become easier source of income.
And this is my advice on the subject, make as much fun from it as possible. Play instead of working.

[Ararbermas]

By the way strategy is the most important mate not just knowledge 'cause its not enough especially on this risky situation of market. if i was you try to watch some trading skills ,and strategies on youtube so that you can obtain and you can build your own strategy as well. But always put some efforts onnit  mate 'cause it's for the sake of your capital which is you can't regain it after doing mistakes. So think first before anything . .

[hatsoff2btc]

By the way strategy is the most important mate not just knowledge 'cause its not enough especially on this risky situation of market. if i was you try to watch some trading skills ,and strategies on youtube so that you can obtain and you can build your own strategy as well. But always put some efforts onnit  mate 'cause it's for the sake of your capital which is you can't regain it after doing mistakes. So think first before anything . .

There are software’s in computers which are so efficient and stronger in all terms but they must need hardware to be implemented and this can be of any use. So don’t be like stupid who think knowledge is only thing. Although that factor has got its own value but you can’t just ignore strategy as well. If you don’t have the second one, how can you be able to make use of that knowledge?