Don Pedro Dinero
Legendary
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Activity: 1372
Merit: 1574
The first decentralized crypto betting platform
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November 02, 2018, 03:59:21 PM |
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The is a saying in cryptocurrencies market and forex trading that "ninety five percent of traders lose money and five percentage make profits and gained what the 95% lose" I agree with this fact and of a truth people lose money in forex and cryptocurrencies market than any other field of endeavour.
That’s also said of the stock market but it’s not accurate, you have to subtract fees. The more operations people make, the more fees. I would be surprised if the winners make more than 1% of that 5%.
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Lanatsa
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November 02, 2018, 11:26:43 PM |
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To think that trading is easy, it's so funny to think that someone like you telling us that it is easy, you don't seem to step on our shoe if i were to ask. Trading can be complicated and hard at the same time if you do know how to persevere your patience in a long run and doesn't stop like that if you have ever tried it once. The market is always unpredictable in the first place so the best hope of chances are to be found within the chart of every cryptocurrency you have invested.
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critolika
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November 11, 2018, 03:19:17 PM |
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basically, trading is only you two possibilities namely up or down. but the problem here is that people don't all know when the condition will rise and when it will go down because it happens very quickly and randomly. so for people who cannot control their emotions, they will certainly be vulnerable to losses.
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Lazada
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November 11, 2018, 04:10:56 PM |
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it is a simple thought. but in fact we find it difficult to take advantage of the momentum. price changes will always occur and we must continue to monitor price movements. the problem is that we cannot monitor prices and besides that we usually can't wait to face various conditions. it is a natural thing for every human being and as I said before that trading is indeed a simple matter. all results depend on what we do !!
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Biscutard
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November 11, 2018, 05:15:57 PM |
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Panic selling and FOMO is the main reason why they lose so much, if they don't want to lose they should have hold for a long time until they get the right price of the market to sell it. And also if they do know how to diversify their investment they shouldn't lost that much. There are times that the market would stay low for a very long period of time and this is what we are experiencing today.
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suzanne5223
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November 11, 2018, 05:57:26 PM |
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Panic selling and FOMO is the main reason why they lose so much, if they don't want to lose they should have hold for a long time until they get the right price of the market to sell it. And also if they do know how to diversify their investment they shouldn't lost that much. There are times that the market would stay low for a very long period of time and this is what we are experiencing today. You seems to be right but I can assure you that is not every person that make loses were through panic sell or FOMO as you said because the power of making profit in crypto currency trading or investment are knowledge and the right timing. Do you the numbers of newbie which were prey with this current market due to lack of knowledge and not mention those the enter the market at the wrong time.
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Capt00
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November 11, 2018, 06:02:00 PM |
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Panic selling and FOMO is the main reason why they lose so much, if they don't want to lose they should have hold for a long time until they get the right price of the market to sell it. And also if they do know how to diversify their investment they shouldn't lost that much. There are times that the market would stay low for a very long period of time and this is what we are experiencing today. Yes, exactly. I agree on what you have said if you can't control your emotion probably that is the point you have got loose on this. People weak hand were easy to do panic selling even they know that they have already loose they think that it is a right way to have an early cut their losses and it means that you accept already that you are a loser, I am right? Sad to say that there are some people like that and it wont help the entire market.
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Caladonian
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November 11, 2018, 06:24:39 PM |
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Panic selling and FOMO is the main reason why they lose so much, if they don't want to lose they should have hold for a long time until they get the right price of the market to sell it. And also if they do know how to diversify their investment they shouldn't lost that much. There are times that the market would stay low for a very long period of time and this is what we are experiencing today. Yes, exactly. I agree on what you have said if you can't control your emotion probably that is the point you have got loose on this. People weak hand were easy to do panic selling even they know that they have already loose they think that it is a right way to have an early cut their losses and it means that you accept already that you are a loser, I am right? Sad to say that there are some people like that and it wont help the entire market. Unless people learned and stay positive with this market, those who are still deciding to sell while market is in its bear market are really losing their investment, they needed to adjust and think a lot, there's always a rebound from each situations that occur inside the market, you have to stay focus and keep your coins on hold trading is not for you if you allowed yourself keep losing your money inside the exchange.
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normanz
Copper Member
Newbie
Offline
Activity: 327
Merit: 0
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November 11, 2018, 06:45:50 PM |
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People lose because they easily panic with negative news so they decide to sell low, even if they can be patient, they will be able to benefit because the market will rise.
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HASHBON ROCKET CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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TrumpD
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November 11, 2018, 06:54:27 PM |
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A lot of people lose due to an extensive lack of knowledge and the rush to make easy and quick money. Any kind of trading is a science, and winning traders master their art to T before seeing profits. Without an edge and discipline, it it mostly a waste of time and it would be better to find something else worthwhile to do. A lot of folks are looking to earn profits without fully understanding the risks that come in play during trades and once things go south, instead of cutting losses, they sit, wait and pray the market turns around in their favor. That isn't trading, it is gambling.
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wxa7115
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November 12, 2018, 06:50:00 PM |
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Because they have to lose, it seems that many do not really have an idea of how trading or investing really works, by its very nature it is impossible that every single person wins at trading, if you are making profits with an investment that you made then that means that someone else is having losses, so it doesn't matter if the market seems as an easy way to make money the truth is the complete opposite of that and you cannot escape it. The truth is that you need to be very consistent in the way you trade if you want to make profits in the market, and consistency is one of the things that people do not have when it comes to trading because they use their emotions when they trade and that leads to decisions taken by impulse.
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WinslowIII
Member
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Activity: 308
Merit: 35
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November 12, 2018, 07:10:05 PM |
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Trading and investing in financial markets seem so easy. The market can only do one of two things. It can go up, or it can go down. So why do so many people lose?
It's clear why so many people lose, and trading isn't always so easy.. Yeah it's quite easy to buy when prices are low and sell when prices are high, basic hodling You are wrong about what you think hodling is. Hodling is buying at some point then holding through all the moves. They may add coins, but never sell. Like Warren Buffet and his Coke stock, he will take it to his grave. The only reason a hodler would ever sell is if he was desperate for money. They believe the price will always go up over time due to the deflationary nature of bitcoin.
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tenakha
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November 12, 2018, 10:21:18 PM |
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In trade the number of gainers is always equal to the losers so your earnings is the loss of any one. Also finding the direction of price in crypto trade is not easy and another reason for loss is mobility. Even if you know more than anyone in the world, losing is valid for everyone.
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RamonBTC
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November 12, 2018, 11:58:14 PM |
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The market can only do one of two things. It can go up, or it can go down.
In literally speaking you have a point, but logically the problem with this investment strategy is time pressures. The speculation and panic by waiting with many news going around like crazy is killing them inside. No one must be a loser if they only have the patience or the willingness to believe in to its future, but humans have the tendency to think negatively in a span of an hour. Time and money with greediness is disastrous.
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omonuyak
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November 14, 2018, 08:15:36 AM |
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Investing into financial markets is not as easy as you think and that is why people keep loosing money. Trading is a game and you have to plan and play it well before making profits. It might interest us to know these, that no human, software and hardware that can accurately predicts the cryptocurrencies and financial markets generally as this market has it own mind and it do move to the directions it desires .
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aris av
Copper Member
Jr. Member
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Activity: 409
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The Standard Protocol - Solving Inflation
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November 14, 2018, 02:26:52 PM |
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The market gives two choices up and down, and because people lose because they don't have the patience to hold on when the market falls.
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Gabteb
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November 14, 2018, 02:31:39 PM |
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Becouse when you think coin is in red and cant go lower but no it goes lower afther you buy and buyer who start to panic ,its simpple but not so easy its dificult.
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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November 15, 2018, 06:12:15 AM |
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I think forex and crypto are waay too different from each other to make that a possibility. First of all there are regular people doing forex and almost always they lose money there, not initially maybe (some lose right away, some lose later) but in the end if you are not a professional trader there than you will lose your money. One of my friend's uncle was interested in forex and made a ton of money for a long long time, like couple years at least and than one day lost all he had in his savings account, it can take a long time before you run out of luck but it will happen. The reason why banks and professional forex traders do not lose like that is because they have a lot more capital than you, if you lose 100 thousand dollars in forex you run out of money probably, they can reinvest 500 thousand to get that back. That is why they succeed. Crypto is not like that, most of the population here is not professional traders, its people. Professionals are not here yet.
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St4yInTh3D4rk
Sr. Member
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Activity: 686
Merit: 264
"STAY IN THE DARK"
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November 15, 2018, 06:59:23 AM |
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The market gives two choices up and down, and because people lose because they don't have the patience to hold on when the market falls.
Sometimes holding is also hurting more more than panic selling just imagine about people sold their coins at January 2018 because of panic selling are more profitable than who is holding now so speculation is about buying and selling at the right time sometimes it is just based on luck too.
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Baby Dragon
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OWNR - Store all crypto in one app.
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November 15, 2018, 07:36:43 AM |
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One of the reason why many people lose is they still lack of knowledge about trading because if you already have knowledge about it you may not lose any amount of money. The market is always up and down so its hard to predict what will happen to the market.
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