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Author Topic: Worst year of trading for me damn  (Read 3638 times)
Sarastiche
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November 21, 2018, 11:07:32 PM
 #201

Cryptocurrency trading  is highly risky, my strategy is to invest and  sell bit by bit, I usually ensure I take advantage of every pump, do not allow greed to affect your profit taking strategy, please understand that you can not always enjoy the peak of the pump always.
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Clark05
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November 21, 2018, 11:14:23 PM
Last edit: November 22, 2018, 01:47:16 AM by Clark05
 #202

You lose a lot of money and I suggest to you to be patience. Because that is one of the characteristics of good trader and if you have that you can get more money because you have patience to wait the price to increase and you can selo it to make profit.
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November 21, 2018, 11:37:15 PM
 #203

This year was hard for everyone. For traders in particular. Many people have lost a lot of money due to the fact that the market is falling all year. However, good traders have learned how to make money even on falls.

 
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Debonaire217
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November 21, 2018, 11:38:36 PM
 #204

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100%   Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018  Cheesy Sad Shocked Cool Cool

Well, what you did was good, you trust altcoins and their capabilities to become one of the top cryptos out there in the cryptospace. The current market situation is the only problem you had and you better be aware of it.
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November 21, 2018, 11:40:40 PM
 #205

Don't regret what you did. Take it as a lesson to improve yourself. We all did mistakes in the past.

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November 21, 2018, 11:56:56 PM
 #206

I guess 90% or even more of the traders are trading like you - and me as well  Grin.

Try to put some fund in a stable coin - 10-20% - like USDT, TUSD, USDC, etc.
Having a stable crypto that doesn't fluctuate much vs the USD is a life saver for my portfolio.
Plus, I can move and buy coins/token when they dip hard.

Thats everyone idea and seriously the way i see it most times there is absolutely no result is better to keep your market clear and hope for less whales which obviously this year things are turning tables

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November 21, 2018, 11:59:35 PM
 #207

Any situation has two sides. I think that the current situation is not bad to buy, while the market is so cheap, and therefore I am looking for promising projects, and taking part in them this project is one of them #swachhcoin. The project will pay people for their trash. At the moment, the bonus is 25%, you can buy coins by the end of October. I advise you to see the project.
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November 22, 2018, 01:13:35 AM
 #208

I know this is not very comforting but you are not alone, everyone is having a terrible year because the market is not giving profits to anyone, if a person has a dollar as a profit during the whole year I can assure you that trader is doing better than the majority of the users in this forum, because even if a profit of a dollar is very low it is way better than the losses that we have sustained.
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November 22, 2018, 07:32:15 PM
 #209

Not even on the part of trading, but on the part of the holding company this is the worst year. I know a lot of people wanted to start selling coins this year, but the market wouldn't let them.
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November 22, 2018, 07:38:14 PM
 #210

Trading cryptocurrencies is quite risky, especially if you are a day trader. Sometimes you wait too long and then the coins go to the bottom, sometimes on the contrary too early to sell. Many factors are unpredictable, but it is always worth working on the same scheme, even if it sometimes does not give you a profit.

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November 22, 2018, 08:44:22 PM
 #211

Yeah trading 2018 is very difficult to move so basically i hold it in a long time too and i never sell it until its  time market value grows,.
    Your luck depends on how you keep or take more patience to survive,i am practically doing this and sense 2018 is having in deep loss.
      Its a sad situation of you mate,be think patiently and wisely next time.



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November 27, 2018, 10:54:13 PM
 #212

You are not the one, this year was hard for trading also all my holdings become nothing, still holding and believe in miracle
Yeah, anyone that is making money in this difficult market is either very lucky or an incredible trader, almost a genius in the activity, but for the rest of us regardless of our abilities as traders this year has been terrible and there is no indication this is over, since the price could go even lower and we could lose even more money at the end of the year.
cryptonight9631
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November 28, 2018, 08:27:55 AM
 #213

We cant make assurance that we come out of trading in a possible result. And as for you, still you got a good profit but only less. But consider it to be a good catch. Because most people making trades in bear market ends up loosing all their funds.

Babayan
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November 28, 2018, 08:36:59 AM
 #214

Trading is a very difficult thing, especially when classic technical analysis not works as far as fundamental one. Only whales know when the price move on.

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November 28, 2018, 08:43:12 AM
 #215

Most of us are losing money in this bear market - unfortunately
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November 28, 2018, 08:45:00 AM
 #216

Maybe this year is not the worst, because we still have bounty activities to make money, and all crypto is still listed on the exchange. If we lose it next year, it might be the worst!

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November 28, 2018, 08:46:10 AM
 #217

We all know that the collapse of the cryptocurrency market will affect all users of cryptocurrency. This year was the sharp fall of cryptocurrency due to falling coins especially bitcoin and ethereum.
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November 28, 2018, 08:47:07 AM
 #218

Trading is a very difficult thing, especially when classic technical analysis not works as far as fundamental one. Only whales know when the price move on.
let alone daily trading sometimes the situation is not good and difficult to profit. the current situation is difficult to trade because the market is still often up and down and it is not clear when it will stabilize. Movements have not been seen, but believe the market will not continue this way. trading must be patient because the process is not easy and you must remain optimistic.
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November 28, 2018, 08:48:59 AM
 #219

For all of us, despite our ability as traders this year has been terrible and there is no indication this is over, because prices can be lower and we can lose more money at the end of the year. Whoever makes money on this difficult market is very lucky or extraordinary trader.
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November 28, 2018, 08:51:48 AM
 #220

Trading is a very difficult thing, especially when classic technical analysis not works as far as fundamental one. Only whales know when the price move on.

Like few years always the market had bull run and in that period the traders did make money and cover up their losses which is not the case till now as market has not had the bull run like previous years due to which traders did not got the chance to make some great amount of money in their trading and this is what it is frustrating everyone.

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