The hard Truth

[Boppsross]

Sunshine is like something that displays the truth and you must be true to yourself.

[needcocain]

If you do not have a clear goal to earn and there is no confidence in their abilities, then this case will burn! Set a goal and go to it and everything will turn out! The most important thing is the desire to earn.

[otundebis]

Thus assertion need to be verified!  I have been trading for a while and the journey so far has been truly amazing.  Of a truth,  you can actually make fortune trading cryptocurrency.  You may not make money everyday,  but you will sure make money eventually!

[yonjitsu]

I think trading at the wrong time due to wrong decisions and a mixture of misfortune could be one of the reasons why crypto traders lost a big slice of their crypto holdings. If only skills and luck will go together, then that will be a very good factor one should have when trading.

[YoutubeChannel007]

The profile is very important and it makes a lot of sense to be aware of things.

[richminded]

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.

This is why most of the traders lose their money in this market because they though, they can easily make profit here by just buying and selling which not happening in reality. Cryptocurrency can be profitable if you know what you are doing, the truth is this market is very risky and we all experience loses buy yeah don’t be discourage and keep pushing yourself to the limit so you can be a successful investor/trader in the long run.

[Traderbtcc]

It's true that trading isn't child's play and one wrong move could be catastrophic. Which is why it is not recommended for one to trade blindly based on other people's opinions. But the fact about 90% losing out on trades and only 10% winning their trades. I don't agree with that stats. Because if it's true, crypto won't be attracting much prospects as it is now.

[churmerpe9]

Knowing the maximum and the best is a skill and you should clearly learn it.

[marine4u]

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.

This is why most of the traders lose their money in this market because they though, they can easily make profit here by just buying and selling which not happening in reality. Cryptocurrency can be profitable if you know what you are doing, the truth is this market is very risky and we all experience loses buy yeah don’t be discourage and keep pushing yourself to the limit so you can be a successful investor/trader in the long run.

To succeed in the financial market is not easy and the cryptocurrency is the same. Investors need a lot of skills and experience to make successful investment projects. Cryptocurrency is a very small market so it is very volatile but at the same time the development opportunities are great so be aware of it.

[nydiacaskey01]

but in fact like what man above said, new investor only think about buy and sell. when they loss in their investment, they only blame project that they invest because they don't have any experience how to manage asset when they loss

Yes without research they just jump into buying crypto assets. Some even say this is the reason why there was a bull run last 2017 because on the 4th quarter of 2017, new investors jump in and all they know is Bitcoin is a good investment and when they reached their target they started dumping their coins leaving us with Bitcoin at below $10,000 USD.

[Getcoinsite]

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 just knowledgeable and skilled because attitude is one of the factor we must consider before entering and investing here in cryptocurrency

Patience is one virtue,calmness when the pricere suddenly dropping to the point that almost eaten your capital,with this we can practice how we trust our coins that will bring us good profit in right time

[hrctrusisss]

It is pretty interesting and you must try doing that once in a while.

[gabmen]

but in fact like what man above said, new investor only think about buy and sell. when they loss in their investment, they only blame project that they invest because they don't have any experience how to manage asset when they loss

Yes without research they just jump into buying crypto assets. Some even say this is the reason why there was a bull run last 2017 because on the 4th quarter of 2017, new investors jump in and all they know is Bitcoin is a good investment and when they reached their target they started dumping their coins leaving us with Bitcoin at below $10,000 USD.

Well aside from that, whales probably had a heavy hand in that ath pump, basically to lure would be investors. Who wouldn't have interest in something that can seem to make you wealthy in a short time lol. A lot of people got a little too hyped and got themselves in deep losses.

[harbin55]

For me the hard truth in this fields of business is you can earn a good amount of income or profit in this business but at the same time you can lose coins or investments if you can’t handle it properly.

[cuurtissss]

I prefer learning a lot and from my mistakes and from others mistakes as well.

[Xiahouyuan]

Investing in cryptocurrencies is always accompanied by huge risks, because the market here is affected by many factors, but here you can rely on many ways to make a profit, such as a bounty mission!

[Dimon888]

To successfully trade on the stock exchange it is necessary to have a certain set of qualities of character. It is necessary to regularly train the brain for erudition, attention, and much to read on the topic. You also need to be prepared to lose money that you can use in trading.

[gentlemand]

Why do we never hear about people starting off paper trading here? A few exchanges have dedicated test trading areas to get you rolling - https://testnet.bitmex.com

A couple of months of that will give you a taste of your potential success rate. Granted, people will think it's not realistic because there's no real money on the line but the likelihood is that your trades will be better and less emotional because of that.

If you wind up with a large amount of paper losses you can bet your real ones will be vastly worse.

As for who succeeds and who won't, everyone's groping in the dark. A decade long run of success could turn to nothing in an instant. The only way around that is by being as disciplined as possible. Cut your losses when you agreed with yourself you would, and take profit under the exact same circumstances too.

[muhsyakir]

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!

everyone must accept this situation because before they go into the world of crypto maybe everyone already knows the risks that will occur, so I think this is the risk of all those who have dared to go into the world of bitcoin, so they have to accept and be patient .. .

[slashz9]

your chance in trading is 50 : 50 so if you easily give up how you become a winner, even the great trader not always win, sometime they lose.
if you think you can be trader never losses, i think that impossible.