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dindasulis
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July 20, 2018, 05:06:39 PM
 #1

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
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July 20, 2018, 05:18:06 PM
 #2

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
I am not a regular trader,but I just tried trading with altcoins in long term.I didn't face any big losses yet but the biggest mistake made by me was bought the litecoin at the peak price and then late sold it for very cheap price.

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July 20, 2018, 05:44:06 PM
 #3

The risk is not to buy when the price is high "6000$ was a high price at the beginning of last year" but buying with the price rises because it will often be followed by corrections that bring the price back to lower levels "as it did when the price continued to rise to $ 19,000".
There are two types of losses:
Actual losses: They are bought at a high price and sold at a low price. [buy at 4000 and sell at 6000$]
Imaginary losses: when they do not achieve the rule of idealism when buying and selling, [buy at 4000$ "you can buy at 3000 if you wait" sell at 5000 "you can sell at 7000 if you wait."]

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July 20, 2018, 05:47:04 PM
 #4

A trader should use TA and the recent news to predict the prices. Otherwise he/she is going to fail with the trades.
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July 20, 2018, 06:37:42 PM
 #5

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
Loss would really be different since we do have different amount of investment but rest assured we cant really avoid on not to lose money due to volatility and factor on making bad decisions when we do trade up.
Suggestion to avoid loss? Just make yourself knowledgeable and let yourself do learn up on all the mistake you would commit. Failure is inevitable but you should treat it as a stepping stone for you to learn.

 
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July 20, 2018, 06:43:16 PM
 #6

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

Trading is totally a different ball game than prediction or analysis and for mastering the art of trading skills you need to first have the sound knowledge on  trading and then you need to have that kind of practice on that knowledge which then will turn into wisdom and after achieving the wisdom level you will countless number of trades will make you mastery in the art of trading and to achieve this level you need to work hard.

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July 20, 2018, 06:52:38 PM
 #7

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

I don't think that someone will admit their losses. But since we have been in this bearish market, I'm sure a lot of our portfolio is on the negative specially if you bought bitcoin below the current price. I think day traders here has a fair share of. their winning/loss but as a holder, they don't have losses until they make the sell. I guess to avoid loss, purchase them while at cheap, which is the last bottom at $5800 and then continue to hold.

 
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July 20, 2018, 07:30:14 PM
 #8

Following the onset of the bearish market from January, I do not even need to do any form of trading to see huge loss in the alts in my portfolio, it's terrible to the extent that I am even scared to check them.

As for bitcoin, I have not experienced much loss as I rarely hodl what I get paid for services rendered and either spend on personal expenses or increase my portfolio.
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July 20, 2018, 07:41:50 PM
 #9

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

People who have sold the bitcoins will definitely worry with heart attack mate. Please and open a trade for every hours. Hopefully you will find the profit for sure. At least 10 dollar profit also you will get with your investment.

I f you have fund on your trading wallet and wait for long time to open a trade means you will worry about that only finally.
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July 20, 2018, 07:54:27 PM
 #10

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

How do we determined that the price is considered as high? Even $1,000 price level back then is considered as high.

What matters here you know what you are really doing, yes understanding the risks and don't taking away that there will be a scenario that you will face loss. How to avoid losing bitcoin? It's up on the strategy that you will applied since we have different approach on it.

You might want to create one for you and see if that will be effective along the way.

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July 20, 2018, 07:58:43 PM
 #11

A trader should use TA and the recent news to predict the prices. Otherwise he/she is going to fail with the trades.

I'd be careful with following the news. There's so much FUD and the crypto news sites are full of paid articles and coin pumpers.
TA works good, but the most important are fundamentals. TA can show you short term trends, but when it comes to investing it's all about the fundamentals.


How do we determined that the price is considered as high? Even $1,000 price level back then is considered as high.

There are indicators that are meant to show you if the price is high, like the RSI.
1k would be considered extremely low and oversold if it were to happen within the next 6 months. For that price to show on charts the fundamentals would have to start failing

 
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July 20, 2018, 08:14:13 PM
 #12

The most reliable way to avoid losses in the crypto currency market is to use stop loss and take profit absolutely in every transaction. And also trade in the long and medium term.
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July 20, 2018, 08:19:27 PM
 #13

A trader should use TA and the recent news to predict the prices. Otherwise he/she is going to fail with the trades.
This is very important in trading especially the news because this is where whales changes the trend of a one coin and if you miss this, for sure you will incur losses. Also if you are already trap with that coin because you did not set your cut loss price better to hold on it and wait for the price to bounce.

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July 20, 2018, 08:21:26 PM
 #14

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

Not bitcoin for it is my savings but Ethereum though. It is almost the same. ETH is just cheaper so it is affordable. You can trade lots of it with a good profit too since it fluctuates much that bitcoin.

I guess many of users here will agree with me to that. Imagine having 10 ETH than just having 1 bitcoin. Each ETH can fluctuate from 50-100 dollars. That is an easy 500 - 1000 while waiting for bitcoin to take a bull run again.
I'd risk my ETH but not my BTC. That is my precious.  Grin

 
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July 20, 2018, 08:31:57 PM
 #15

Buying and Selling Bitcoin when prices are high is risky.

But you have no way to know when high is  high and when low is low

surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life?

I lost a lot of money, I can give a minimum of $ 5000 that I lost

and is there any suggestion to reduce or avoid loss on bitcoin Huh?

If you trade with bitcoin, then just buy bitcoin and hold for many years, that's all

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July 20, 2018, 08:48:13 PM
 #16

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
To be honest, you suffer loss because you become impatient. Does not matter when you buy bitcoin, the price will eventually rise higher than the price you bought at. Look at the history and previous price charts. You will notice that the price is increasing on average on the long run. Just invest on bitcoin and keep holding until you are satisfied with the price.


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July 20, 2018, 09:57:40 PM
 #17

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
You can sure lose in all trading pairs man and i think bitcoin trading pair is not such a bad idea at all if you look at it most time you need withdrawal you wouldnt have to go the stress and loss of some money converting to bitcoin

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July 20, 2018, 10:32:36 PM
 #18

A trader should use TA and the recent news to predict the prices. Otherwise he/she is going to fail with the trades.
This is very important in trading especially the news because this is where whales changes the trend of a one coin and if you miss this, for sure you will incur losses. Also if you are already trap with that coin because you did not set your cut loss price better to hold on it and wait for the price to bounce.
Have a strategy and a specific investment plan if you want to develop long term with the cryptocurrency market. Learning from failures is a must do and a necessity, and those lessons are invaluable and if not directly involved in investing you will never get. The market is showing signs of positive recovery and this is the opportunity of wise investors.
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July 20, 2018, 10:36:29 PM
Last edit: July 20, 2018, 10:49:15 PM by Coin-1
 #19

and is there any suggestion to reduce or avoid loss on bitcoin Huh?

The short answer on your question is no. Trading is always risky. The losses are mostly depends on your wrong trading actions. I heard that some traders are afraid to trade without the signals from their insiders. So you need to find a guru which will teach you and help you to gain profits.

Above somebody suggested you to use a technical analysis to predict a coin price. I think it's useless, because the crypto exchange markets are manipulated by the "whales".

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July 20, 2018, 10:41:55 PM
 #20

   There is no perfect in this world even in everything yo do there is always a failure but the good news is you can learn from those failure. So,try and try never stop. In trading,you can't avoid to have loss but you can minimize it through your experience or through the result of your past failure. You will not become successful trader if you can't experience failure.

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July 20, 2018, 10:48:14 PM
 #21

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

For current price, still at a lower price considering $10K is a standard price for bitcoin in my point of view, you can buy as much as you want right now, doesn't mean it will rise soon though. I'm not an active trader, sometimes buy and sell bitcoin, never get a loss unless you count the opportunity to sold at the ATH on January. However, what you don't have doesn't count as a loss. in short, there is no loss on bitcoin if you have patience and can wait for years, give bitcoin time to recover and reach another ATH.
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July 20, 2018, 10:52:09 PM
 #22

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
Losing in trading is normal no matter what you do if the coin will go down it will go down end of story the strategy of pulling strings are in need of deep analysis gotta keep your composure when trading gotta keep a plan set for loss and wins otherwise you'll be tradin blindly eith no goals whatsoever.

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July 20, 2018, 11:07:50 PM
 #23

The failure of the transaction will affect the psychology of man. This leads to investment failure. You should stop and learn more before proceeding.
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July 21, 2018, 07:09:39 AM
 #24

 Failure of trading begins if you follow your emotions and get panic. Before you enter trading you must study first all the basic strategies and make some research.
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July 21, 2018, 07:25:28 AM
 #25

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
I am not a regular trader,but I just tried trading with altcoins in long term.I didn't face any big losses yet but the biggest mistake made by me was bought the litecoin at the peak price and then late sold it for very cheap price.

me too, I also have not faced any big losses till now but I have made many mistakes, I could be easily millionaire if I hold.

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July 21, 2018, 07:42:57 AM
 #26

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
I am not a regular trader,but I just tried trading with altcoins in long term.I didn't face any big losses yet but the biggest mistake made by me was bought the litecoin at the peak price and then late sold it for very cheap price.

me too, I also have not faced any big losses till now but I have made many mistakes, I could be easily millionaire if I hold.

Because you are not regular traders you people don't understand how wrong headline is. Failure of trading is wrong, there is failure in trading, it's individual trading and individual mistakes, trading as it is can not be failure.
Simply trading if it's done good should be profitable if it's not good then it's failure.
Holding is good, It should be beginning for everyone. You can't trade relaxed if you don't have back up, that backup is the amount you hold on a side. Who bought 5 years ago or later and holded is a millionaire, the ones who arw buying now should be prepared to wait 5+ years.

 
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July 21, 2018, 07:59:19 AM
 #27

Failure in trading is inevitable but you can learn lesson from that. There are one rule that you have to follow strictly to it, don't get loss, even ten bucks of dollar means your trading is succesful, always have a cut loss point, how much you loss is not matter, the mattet is how much you gain.
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July 21, 2018, 08:22:23 AM
 #28

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

Honestly I'm not a regular trader I'm a bounty hunter and i love participating in signature campaign that really profitable. Sometimes when i tried to sell my coins, reason for daily expenses the value of coins after i sold it was pump X10 sad to see that. If you want to avoid the losses you should do a technical analysis.

 
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July 21, 2018, 08:27:15 AM
 #29

Failure of trading begins if you follow your emotions and get panic. Before you enter trading you must study first all the basic strategies and make some research.
I personally experience this thing during my first month of my trading journey, I lost almost all my capital and I decided to stop it right away. I decided to learn more about trading first before I trade again, panicking really hurts every trader and your emotion must set aside when you do trading. Its not easy to trade, but you must not stop on learning if you really want to become a successful trader.
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July 21, 2018, 08:34:03 AM
 #30

Some person when he loses their money for trading this is the commonly used term,failed traders, which is something of a misnomer ,in other words there are no,failed traders ,in fact ,there are only three types of outcomes from any single trade, and they are not the win break ,even loss you are thinking of.Here they are
winning, learning, and failing to learn from,cause the idea of a failed trade is the latter ,that being one you failed to learn from.
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July 21, 2018, 08:54:03 AM
 #31

I agreed with you. But from my past 5 years experience with trading I never face such losses to describes you.You never should buy any cryptos at their peak point.If you do then you have to face huge losses or invested your capital for a long term to hopping that price will increase so that you can reduce your losses.

So learn everyday and watch and read every news about cryptos so that you can predict next movement of the market.
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July 21, 2018, 08:54:22 AM
 #32

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

I am not a true trader, but I also never feel like I lost his name during trade. At least we do technical analysis before trading, this is to reduce the level of loss if the market price is not good
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July 21, 2018, 08:59:32 AM
 #33

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
Yes of course, there is a thing called risk management and you should try that. I cant tell you how to do that but its there on youtube and google.
Dont overtrade, dont follow your emotion, find the pattern that mostly works and dont trade when you dont see that pattern.

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July 21, 2018, 09:04:33 AM
 #34

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
It is critical to answer for me, In current trend every new investors are loose some money and they will earn more profit so all are forgot the losses. But My suggestion also same thing because you should plan to your own method you will loose some money but quickly understand the trading possibilities. At the same time you will expect some other help you are not a right trader so I do not suggest anything in trading investment.

 
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July 21, 2018, 09:07:54 AM
 #35

My biggest loss is I sold some of my bitcoin at the July or August range in 2017,if I hold them until December then I would make huge money.But I am really not trading in very short span and I won't trade the coins if I can not make profits so which means I am not into any huge losses yet.

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July 21, 2018, 09:28:13 AM
 #36

In order to curb losses, I normally use technical analysis before I make my decision to invest. I do not like buying at a high price as this comes with so much risk. I have had an issue with xrp when I bought at the peak and the price plummeted. So, I have learnt how to avoid cush scenario when it reocurs
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July 21, 2018, 10:07:28 AM
 #37

You probably do not have much experience in trading but you are in a hurry, so you make a loss. Follow me not to be in a hurry and be patient.
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July 21, 2018, 10:16:24 AM
 #38

I think all of us experience failure in trading. But this failure will make us better and better  in trading crypto.  If we fail we must learn from that failure. So that we know what we will do. And not fail again.

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July 21, 2018, 11:02:02 AM
 #39

is there any suggestion to reduce or avoid loss on bitcoin Huh?
i suggest to stay away always on doing trading if you have doubts about the circumstances of the  market and if your not yet ready to play with it ,because it can cause losses and regrets after .so before entering  on it must check out the graph first and make some technical analysis to ensured your safe and you can avoiid losses .because honestly that is the most important and common ways to reduce risk situation.

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July 21, 2018, 11:04:19 AM
 #40

I think all of us experience failure in trading. But this failure will make us better and better  in trading crypto.  If we fail we must learn from that failure. So that we know what we will do. And not fail again.
That's right,  we ain't get perfect without this things and this is the reason also why traders survive. Traders never surrender not it let it to happen without even taking chance to bring back everything they've lost. This is the better place for risk takers.  
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July 21, 2018, 11:07:28 AM
 #41

Everyone ever experiencrd this thing and some people is successfully stand again from the loss.

Most important stay away from greedy because it will always make you regret. Then always make target of profit and loss, it will make you more relax, comfort, and save. I'm sure it will success.

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July 21, 2018, 11:12:56 AM
 #42

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

everyone here has wear the loss while trading. same experience with me also. Our biggest mistake is when we dont know hen to buy the particular crypto and we buy at wrong time. that was secret move by owners it is called pumping. after Few days coin value decreased like hell and loss.
Never invest in such coin whose value increased 1000% in few days.

second when you buy coin at peak stage and this is your mistake and now you have to hold that coins for years to get ROI at-least.
IF you want to become successful- one thing you have to do --- LEARN from your last mistakes and never repeat this.
you need lot of patience to get big reward by trading. There are basically two types of trading.
1- short term trading also know as day time trading - less profit but your money will be safe low risk
2- long term investment plan - it gives more profit as compare to short term trading. Once you invest just forgot you invested look after years and you will be happiest person.
Many examples of long term investment - A man found a file having a private key in this he got many million us dollars worth bitcoins

I earn a lot from long term trading. I invested bitcoin at Nov 2017 at 5000$ rate and sold of in December I made 200% profit at least
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July 21, 2018, 11:41:24 AM
 #43

It is because of your error has not updated full knowledge or you too rush to sell pennies, do not rush, the market will fall there will increase, long or soon that is the problem so patience.
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July 21, 2018, 12:15:39 PM
 #44

My biggest loss is I sold some of my bitcoin at the July or August range in 2017,if I hold them until December then I would make huge money.But I am really not trading in very short span and I won't trade the coins if I can not make profits so which means I am not into any huge losses yet.
Its normal that we lose some opportunities during the dump, I personally came here during the pump this year and I can say that I make a mistake buying at the peak and now I’m still having a paper loss but I don’t regret it because I know bitcoin will hit a new peak again Smiley
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July 21, 2018, 01:22:20 PM
 #45

To avoid loss Never sell at loss and Never buy at pump. In contrast always buy in dip, hold or buy more when the coin dip again, then sell at gain.

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July 21, 2018, 02:14:59 PM
 #46

During my early days in Cryptocurrency trading which was last year mid-June. I was a bit hesitant to trade because I was afraid to make mistakes but later on I realized I won't be successful if I won't fail and learn. I lost some of my first investments because I thought I would have profit on my first trades but I was wrong and I loss. My usual problem is that I am not in my Technical Analysis that's why it was a failure but later on learned the right way. Thanks to Google and Youtube, such a big help.
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July 23, 2018, 04:57:26 PM
 #47

During my early days in Cryptocurrency trading which was last year mid-June. I was a bit hesitant to trade because I was afraid to make mistakes but later on I realized I won't be successful if I won't fail and learn. I lost some of my first investments because I thought I would have profit on my first trades but I was wrong and I loss. My usual problem is that I am not in my Technical Analysis that's why it was a failure but later on learned the right way. Thanks to Google and Youtube, such a big help.
Honestly, I don’t trade much as I think it is very risky. Especially when the prices are high one should not trade because you need to invest huge amount and thereby bear the risk of losing more. Bitcoin, I think is not suitable for trading. It is more profitable for long term investment. For trading you should first get all the skills needed, study the market regularly and find a coin that shows high fluctuations.
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July 23, 2018, 05:17:00 PM
 #48

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
If you decide to put up yourself into trading or simply do decide to engage with it then you should expect to lose up money because this is an inevitable thing but yet we can still possible to reduce such risk and that is by means of in depth analysis and experience to it. Usually Buy low sell high is just a basic thing to know but doing it on the actual situation would really be hard not only on Bitcoin itself but also in all altcoins in the market as well. The thing that most people do experience is Buy High Sell low which is really a fact.

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July 23, 2018, 06:16:01 PM
 #49

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?


I know that trading is risky and I had that not so good experience about it. I bought a coin durinv the ico and sold it after being listed in an exchange without knowing that it would rise higher. I didn't have a good profit because I didn't wait for the right time to sell.

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July 23, 2018, 06:31:29 PM
 #50

There is a way for you not to lose so many money. Try to be a decent trader by just not trading every day. You get me? That's how. If you try to trade everyday, there could be times that you might get burn.

 
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July 23, 2018, 07:19:29 PM
 #51

There is a way for you not to lose so many money. Try to be a decent trader by just not trading every day. You get me? That's how. If you try to trade everyday, there could be times that you might get burn.

If you do not know follow tactics to receive the profit in trading with the money you have on trading site. There is many ways in trading to get the success all the time. So far as I noticed people says buy the bitcoin or altcoins you like when the coin value is low in the marketplace.
Then you need to go for sell the when the coin value goes to its peak value in the market. This both are the thumb rule to survive in the trading field. Please do your favourite tactics to shine on that.
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July 23, 2018, 07:34:20 PM
 #52

I have never experienced losses during trading because I never do stop loss / cut loss. if after i buy a crypto then the price goes down, i will hold it until i get profit

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July 23, 2018, 09:15:58 PM
 #53

I have never experienced losses during trading because I never do stop loss / cut loss. if after i buy a crypto then the price goes down, i will hold it until i get profit
Interesting, that is for the first time i am hearing from a person. I think that you may be the first person who never lost money in trading. I think that trading too much unpredictable and no one can know in advance that either he will make money from trading or will even lose his own investment. I experience lost for so many times.
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July 23, 2018, 09:25:14 PM
 #54

I have never experienced losses during trading because I never do stop loss / cut loss. if after i buy a crypto then the price goes down, i will hold it until i get profit
Interesting, that is for the first time i am hearing from a person. I think that you may be the first person who never lost money in trading. I think that trading too much unpredictable and no one can know in advance that either he will make money from trading or will even lose his own investment. I experience lost for so many times.
Were the same here, I don't believe if you are a trader don't have experienced a loss in trading. There are two kinds of trading a long-term trading and day trading, but I must prefer in long-term trading due to I can control my loss and not directly cut my loss when the market was down. Lost was expected on trading when you are there but if you want to recover your lost never stop in trading.

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dewi91
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July 23, 2018, 09:48:01 PM
 #55

you can't reduce the loss of trading when you have sold your bitcoin that is the risk of trading. I never buy bitcoin in the high price because if the price down it will need a longer time to make profit. before do trading you should know how the market work because the market is fluctuate and when you want to buy you have to wait when the market go down.
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July 23, 2018, 09:49:47 PM
 #56

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

It wiill surely risk when you buy bitcoin In the middle of Its bull market because  theres a tendency that It will be suddenly fall Its value for just pass. Wait for the right timing to minimize the risk of Investment on bitcoin. When theres a hark fork that might $5000 or less this a chance to Invest on It and hold It untill It will recover again even atleast 8-$10,000 then thats the time you can sell It again.
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July 23, 2018, 10:17:57 PM
 #57

If you fail in trading then you should accept it as it is normal in trading you can have better trading next. Any trading environment will survive the opportunities and challenges. for you
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July 23, 2018, 10:26:07 PM
 #58

Actually, not all the time we've lucky and only all are gaining in here. Basically, losing is a part of crypto investment and all traders have experience failure also. Not all of them get survive after losing and only strong heart will return and be on the race again.
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July 23, 2018, 10:32:17 PM
 #59

There is a way for you not to lose so many money. Try to be a decent trader by just not trading every day. You get me? That's how. If you try to trade everyday, there could be times that you might get burn.
Trade failure is very common in investors who have no experience in financial markets. Trade really needs a lot of knowledge, experience and investment acumen. I think if you are not good at day trading then long term investment is also a good option to reduce the burden of investing.
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July 25, 2018, 04:13:58 PM
 #60

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
There is no way to avoid losses when you are a trader the risk is part of the game, what you need to do is to create an overall strategy and determine how much money you need to win from each trade and how many trades you must win in average, if you are a day trader you need to win something close to 70% of your trades at minimum, if you cannot do that then day trading is not for you, but there are good news if trading is not for you then you can become a long term holder, if you do that, then your losses will only be in fiat and not in bitcoin and the only thing you need to do is to wait for the right time to sell your coins.

 
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July 25, 2018, 04:33:11 PM
 #61

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

That would always be in the down run of the crypto currencies. For specifically bitcoin it can be the situation where altcoins are getting invested heavily while in other cases it could be the case where vice versa situation is presented. I think most of the time people invest or start trading when bitcoin is on the verge of FOMO curve. This curve occurs when bitcoin starts going upwards but thats because of FOMO investment which is temporary and thus give high chances for the bitcoin to drop. This way you can loose your money. So there are many point of analysis where your entries can be harmful for your trades.

 
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July 25, 2018, 04:48:53 PM
 #62

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?
There is no way to avoid losses when you are a trader the risk is part of the game, what you need to do is to create an overall strategy and determine how much money you need to win from each trade and how many trades you must win in average, if you are a day trader you need to win something close to 70% of your trades at minimum, if you cannot do that then day trading is not for you, but there are good news if trading is not for you then you can become a long term holder, if you do that, then your losses will only be in fiat and not in bitcoin and the only thing you need to do is to wait for the right time to sell your coins.
Anyone who wants to trade and have the mindset of trading without any single loss will only end up over working themselves emotionally. Even professional traders count losses as part of the trade, the only thing that makes it different when you have the knowledge is that the losses you make cannot be compared to the profit you make. For me, I make about 60% profit in my trade and that is good enough for me. Failure comes in when you are busy making only losses simply because you have no idea of trading and that is when the wannabe trader should be worried.
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July 25, 2018, 05:40:12 PM
 #63

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?


Upon entering cryptocurrency world, I have put in mind that it is risky just like any other investment. I have few losses with my trading experience due to selling at the wrong time so I have learned that it is not just about being brave to take the risks but also being brave and eager to have more patience and wait.

 
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July 25, 2018, 06:01:19 PM
 #64

Investing in crypto currency itself is very risky. We don't know exactly what will happen tomorrow. Of course, using technical analysis, knowing the news background and having common sense, we enter this game and participate in it quite successfully.
Personally, I have never had any losses. I believe that loss is when you sell your coins at a price that is lower than the purchase price. At this stage, I didn't use this method. My belief in crypto currency doesn't allow me to do this. And if there comes a time when I have to sell something below the purchase price, then it will be a loss, but I will try to make it minimal and cover with other profitable transactions so that my deposit will not suffer from it.


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July 25, 2018, 06:49:20 PM
 #65

Last month ,I had faced some unforgettable experience in trading.I had brought 500$ value of bitcoin at the price of 8000$.Last month,I need some dollars for my mother medical expenses.For that expenses,I had forced to sell my holiding bitcoin at 6299$.From this ,I had come to know.We should not invest our life depended money in cryptocurrency.It will force us to lose some dollars.

 
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reflector
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July 25, 2018, 06:58:55 PM
 #66

Last month ,I had faced some unforgettable experience in trading.I had brought 500$ value of bitcoin at the price of 8000$.Last month,I need some dollars for my mother medical expenses.For that expenses,I had forced to sell my holiding bitcoin at 6299$.From this ,I had come to know.We should not invest our life depended money in cryptocurrency.It will force us to lose some dollars.

These kind of ups and downs will be there in every investment that too on crypto currency which is more volatile in the market. Hopefully you may hodling the bitcoin and altcoins with you so there is no doubt you will be recover from the failure you faced in the trading field.
Please ignore the price rate everytime. It will not define the profit unless you go to compare the crypto currencies into equation. Most of the trader do that only to say they are profitable or not.
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July 25, 2018, 08:43:56 PM
 #67

I think failure is obviously part of the journey and if you think that you can put this away entirely, then it will not work at all. So, that’s why it is vital we must accept losses and learn from it for a better future.

The simplest formula for me is to keep on with the latest news and updates. One latest development is Chinese controversial man LI Xiaolai, as he is again making headlines! With keeping eye on such mighty news, it is going to be easy to make decisions and avoid losing.
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July 25, 2018, 10:46:54 PM
 #68

As far as I think 99% of new entrants investing in this market fail in trading. But you have faith, you have the patience, you learn the investment knowledge. You will succeed when dealing in this market.
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July 25, 2018, 10:56:46 PM
 #69

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

To experienced a trading failure is the best tool to become a better trader next time. You know experience can make us knowledgeable in many aspect of our life including trading crypto. You can avoid losses if you already know how to trade and if you have a guide  and plan.
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July 26, 2018, 01:15:18 AM
 #70

Losing money is a common thing in trading, usually it coat by the wrong reading of market movement, greed, or fomo without checking the market, experience is totally needed to make profit in trading, learning indicators will help to reduce the risk, find events of the coins, never believe in pump and dump group and always rely on yourself to make the trade, you can take suggestions from signal group but you need to do your own research
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July 28, 2018, 05:27:30 PM
 #71

I'm an investor bitcoin is also approximately a few years and I have never been at a loss in any circumstance because when I traded I would expect the market tends to discount the purchase. the trend of rising competition will sell for x 2 x 3

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July 28, 2018, 05:57:21 PM
 #72

It is normal for interest or losses on Bitcoin trading, you should not stress. You need to handle the situation if the price is low, you should withdraw money and wait for another opportunity to invest, do not wait it will increase too much.
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July 30, 2018, 05:21:40 AM
 #73

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?


I know that trading is risky and I had that not so good experience about it. I bought a coin durinv the ico and sold it after being listed in an exchange without knowing that it would rise higher. I didn't have a good profit because I didn't wait for the right time to sell.
Having a good control over your patience and keeping yourself up-to-date with all the latest information and things related to that of the crypto currencies is the most important thing which you need to do to make some better outcomes in trading. Trading is indeed the most difficult task to do and that you need to handle things very much carefully otherwise you might end up losing your money.

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August 01, 2018, 08:26:52 AM
 #74

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?


I know that trading is risky and I had that not so good experience about it. I bought a coin durinv the ico and sold it after being listed in an exchange without knowing that it would rise higher. I didn't have a good profit because I didn't wait for the right time to sell.
Having a good control over your patience and keeping yourself up-to-date with all the latest information and things related to that of the crypto currencies is the most important thing which you need to do to make some better outcomes in trading. Trading is indeed the most difficult task to do and that you need to handle things very much carefully otherwise you might end up losing your money.
Ups and down is always there in trading, some time you will make good money from trading while other time you will not succeeded in trading. Trading is good for those people who have the courage to bear the lost in trading, Because the chances of both success and lost is always there in trading, only depending on your experience, study and the most important is your luck.
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August 01, 2018, 10:07:16 AM
 #75

Losing a trade is normal to every traders, mine was when I got FOMOd when
I bought BTCTC around 14,000$ because of my bad analysis.
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August 01, 2018, 03:01:06 PM
 #76

Losing a trade is normal to every traders, mine was when I got FOMOd when
I bought BTCTC around 14,000$ because of my bad analysis.

Well at least you can still profit when you sold at $19,000 right? Or you still hold and think that bitcoin can still go up, however, the bears took over this year.

share experiences, Buying and Selling Bitcoin when prices are high is risky. surely a bitcoin trader has experienced the name of loss on bitcoin so how big is your nominal loss in bitcoin trading in your life? and is there any suggestion to reduce or avoid loss on bitcoin Huh?

Apparently, we all have lost money when the bear season started and we are all trying to re-coup by shorting bitcoin or going to altcoins and at least ride the waves of some pump-and-dump coins in order to recover. I can't tell you how much I lost, probably in the 4 digits already, but hey its not the end of the world and we can still bounce back. We just need to strategize and adjust to the current market situations.

 
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August 01, 2018, 03:06:16 PM
 #77

It is normal for interest or losses on Bitcoin trading, you should not stress. You need to handle the situation if the price is low, you should withdraw money and wait for another opportunity to invest, do not wait it will increase too much.

Trading is stressful as if sometimes the market move opposite direction of what trade we had executed. You can have sleepless night at times when you are involved with big money in trading. Also if you have patience to hold then only enter this market.

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