The hard Truth

[zeaderza]

It feels like 2018 is one of the hardest year for all the people who are involved in cryptocurrency, because all them people who I know personally are involved in every aspect, are constantly losing their money.

I think those ones that invested in crypto after March, will get their profits. Investing in Ethereum is the right decision as it is the best altcoin with the huge potential.

After march, yeah the must have done something amazing. First achievement bag in their account is, they have trusted bitcoin or altcoin for their investment source. Secondly, they have selected good strategies that are working fine for them till now. Buyers in March must have good investment profit even if they sell bitcoin right now. But I will advise them to keep their coins for long time.

[equestrianbucking]

You must have the knowledge that the others does not have and beat them.

[hrctrusisss]

Many people and many win and you must decide it for yourself.

[Marnihughes82]

I think you have to start trading and experience the losses to learn new experiences. To become a 10% winner, you must first be among the 90% for failure

[spadormie]

I don't think there were some certain people that can "teach" themselves in cryptocurrency. I salute those! May I ask, how'd you learn about crypto? And were do you study for yourself. And please list the guides on what to study.

[kakonhat]

Maybe you are right that most of the trader in a loose situation but I can't say the percentage. Yes, I think those traders are in lose who is a newbie. But who followed this rule they are in a good position. the rule is Buy from the bottom and sell on top. I don't have an idea how many traders follow this rule. But we need to follow this rule all the time.

[zander09]

Maybe you are right that most of the trader in a loose situation but I can't say the percentage. Yes, I think those traders are in lose who is a newbie. But who followed this rule they are in a good position. the rule is Buy from the bottom and sell on top. I don't have an idea how many traders follow this rule. But we need to follow this rule all the time.

Many investors also lost their money now. Yes it's good to buy Coin when the price low. But in the situation of the market now. The price will continue falling and other investors think that they already bought at the lowest price but the truth is there is more dip now.

[Lumada]

Maybe you are right that most of the trader in a loose situation but I can't say the percentage. Yes, I think those traders are in lose who is a newbie. But who followed this rule they are in a good position. the rule is Buy from the bottom and sell on top. I don't have an idea how many traders follow this rule. But we need to follow this rule all the time.

Many investors also lost their money now. Yes it's good to buy Coin when the price low. But in the situation of the market now. The price will continue falling and other investors think that they already bought at the lowest price but the truth is there is more dip now.

I bet it will still fall too, it is still under correction but it doesn't mean that we are not allowed to buy since we can do day trading or trade when the prices go up a little, if we can watch the market then we can still earn.

[longrhm0]

The common trader is continuously confronted with the undertaking of greed and impatience. They want to make it so quick without integrating proper chance management. that is what's liable for the big losses. With right danger management and sound education, one is bound to be profitable at the longer term.

[vagsun]

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!

Human brain is the biggest asset. As you said that 90% of crypto traders lose their fund , so use your brain and formulate various strategies so that you can come into the span of that 10%. This is not true that large amount of capital investment is required to become successful, all you need is to apply various strategies that makes you superior than others. Observe the market carefully, consult with various crypto traders , then form various plans and strategies. 

[tosmartak]

Many people and many win and you must decide it for yourself.

People are the problem, not trading. Trading is not meant to give you 100% in profit all the time, as you will definitely be losing some since you are playing with the movement of the market which you must always have in mind which is where the idea of stop loss comes, but in this case, you are doing it with knowledge.

The problem a lot of people have is that they tend to see it as an easy thing to do and they refuse to learn as much as they can. For those who end up learning as well, they tend to make the mistake of trying different strategies all at once, instead of sticking to one and getting better at it. I have learned some of these over the years, and I wish I had known some of the things I have known now, but with persistence and the zeal to do it right, I got better.

[brenzosa]

Throughout my trading education(self-learning) most contents I read or watch regarding crypto trading states it point blank that "about 90% of crypto t "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!

There’s some truth in the statement "about 90% of crypto traders lose their funds".  That’s because the exchange takes so much from the traders. Exchanges should not be too greedy specially during these times where we are encouraging people to adapt cryptocurrency to daily use.

[Buladig]

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!

lately many traders have lost their funds, one reason is because market prices are now experiencing a downturn.
in my opinion, one of the influences on trading success is because it has a good prediction and is diligent in checking price developments, because if we don't diligently check price developments, we will miss a good time to sell and buy coins.

[BabyBoss]

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!

I believe in the quote “Try and try until you succeed” look’ you will never become successful on something without dedication and without believing your self.

[fluctuations]

The truth is that to make money in this market is not easy, you need to have a lot of skills and experience. Only if you do these things will you be profitable in this market.

[Fredomago]

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!

Human brain is the biggest asset. As you said that 90% of crypto traders lose their fund , so use your brain and formulate various strategies so that you can come into the span of that 10%. This is not true that large amount of capital investment is required to become successful, all you need is to apply various strategies that makes you superior than others. Observe the market carefully, consult with various crypto traders , then form various plans and strategies. 

You need to developed multiple strategies and combined it with your advantage, there's a lots of mistake if you will proceed without studying and without good research, it's very effective to use your previous mistakes and reassess yourself if how can you avoid doing the same thing, combining multiple strategy can make you easy to adjust and take any advantage whatever situations are happening, the market is really annoying when you failed yourself but time and experienced will help you to analyze.

[Finestream]

The truth is that to make money in this market is not easy, you need to have a lot of skills and experience. Only if you do these things will you be profitable in this market.

Right.There's no easy way to gain profit,you should work hard for it.But also in trading,you cannot expect to gain profits all the time,sometimes losing is very possible.But still don't be discourage for that because even professionals experience that.As long as money is involved,it should be done with more skill and expertise.

[carlfebz2]

The truth is that to make money in this market is not easy, you need to have a lot of skills and experience. Only if you do these things will you be profitable in this market.

Right.There's no easy way to gain profit,you should work hard for it.But also in trading,you cannot expect to gain profits all the time,sometimes losing is very possible.But still don't be discourage for that because even professionals experience that.As long as money is involved,it should be done with more skill and expertise.

Not very possible but a thing which is really an inevitable. Losing is always there and before you do engage to trading or investment you should really make yourself prepare on possible losses would be encountered directly which as being said it cant really be avoided even the professional ones do commit loses but the difference is that even they are losing money at the end of the day they do still gain some profits and this do really depend on how you trade.

[thefatman82]

It is not that bad as you are trying to put that in, I am not losing my money as well as my friends which are with me. I'm not considering the fall of selling price as loss of money actually.

[CryptoGuro1]

What this means is that 90% of people fail here, as most people are hardwired to avoid risk, and we seem to have an urge to buy when in green as we fear we will miss out. This is simple human nature, most people are afraid to buy when we dip and afraid to sell when we are going up. To be in this 10% one needs to leave emotion at home, it has no place in any market. Once you teach yourself this, then your on the the right track, then you just need to contend with "smart money", "whales" and "bot" traders who all share this 10% space. Happy trading