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akihikohideaki
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January 12, 2019, 04:29:39 AM
 #1

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

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January 12, 2019, 06:32:42 AM
 #2

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

Sorry for your losses but this is the crazy world of trading. You are a small fish in a pond full of sharks and whales who want nothing more than to take your money.

Its no different than trading stocks, futures, forex, bonds, etc. It looks easy on paper and when you trade on demo but if you put actual money into the markets you can see how difficult it is to make a profit.

My advice, stay out of market until the bull market is back. Its easier making money in a bull market than a bear market or sideways market.

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Jating
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January 12, 2019, 06:43:29 AM
Last edit: January 14, 2019, 12:58:30 PM by Jating
 #3

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

Then obviously you will loss because that's a wrong mindset to begin with. You should understand that the market is very volatile and try not to be emotional. Tryto understand yourself, and not to panic and wait till the market subsides or settle down.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

What's your investment goal? Short or Long term?

Did you invest what you can afford to lose?

As @adaseb have said, if you're not comfortable because of the worsening market conditions, I suggest you better not to enter and try to learn more about crypto investments.

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January 12, 2019, 07:22:32 AM
Merited by Kevin77 (1)
 #4

in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
Never listen to your emotions. Just keep sticking with your actual plans. If you buy bitcoin then you should have some target level and always look for the target regardless of whatever feeling you will be getting on seeing prices moving up. If you are having technical analysis, it will be always good to follow that to override your emotions.

I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
You sound like short-term trader this is where you are really missing out big opportunities and failing to gain profits. Do not look for short term but you must keep on buying at every dips with the plans of long term holding. Because, this is one simple trick to make big profits from bitcoin trading.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Long-term planning with bitcoin investment must be the one of the way to make big profits. For example, you can buy right now with the target of $25k levels for one bitcoin time frame up to 2020 May. You may get your capital multiplied by at least 5x in that time period for sure.
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January 12, 2019, 07:36:48 AM
 #5

Since you are honest with the level of knowledge you have about the market and make money from the market.  Remember that investors have to learn how to invest by paying a price.  You should endeavour to spend sometime research yourself and also be ready to spend time and money in learning more than investments.  Majority of us thought that we can only makes money by putting money into the market as a traders bitcoin that is not truth but what is truth is your ability to learn and develop your skills and understanding on how the market work in other to develop your own strategies about the market.
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January 12, 2019, 08:03:15 AM
 #6

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
follow the basic rules mate.  Don't easily make a decision  which is always make sure as well that you will not repenting at the end.  Don't be hasty and greedy for the sake of your portfolio. Put more patience on it and wait for the right timing to sell off because it can cause massive losses. Bear it on your mind always dude!

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January 12, 2019, 08:40:43 AM
 #7

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
If you are newbie in this field its hard to avoid losses and even the expert also experience losses. Do not depend on any news or information in social media, I suggest try to do your own research so you can become more skillful in this field. Put all your effort in your work and choose a good coins to trade so you can make good profit.

 
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January 12, 2019, 10:03:50 AM
 #8

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
You're wrong, cryptocurrency market has never been stable since it was started. If you can easily affected by a continues decline of the market then this means you are investing an amount of money that you are not comfortable to lose, and that is not good. You should only invest what you can afford to lose. About earning big profits, in this kind of market situation that the price of cryptocurrencies doesn't increase a lot, you will not be able to earn that much if you only have small capital, but if you will go for long term and ignore all this decline then there is still a chance to earn huge profits, but no guarantee since cryptocurrency market is unpredictable. Unfortunately there is no analysis or study that can accurately predict when will the market will go crash or will start to go down, so what you can only do is have a strategy on what price point you will cut your loss.
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January 12, 2019, 10:43:51 AM
 #9

Well there aren't really any sure way to make big profits especially if you're just starting. Even experienced and seasoned traders don't often earn big with trades. You have to set your expectations that losing money is part of the process and let your experiences mold you in making better decisions. Don't be afraid of the risk but make sure to learn from yout mistakes dude.

 
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January 12, 2019, 11:29:32 AM
 #10

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

You would try to play it safe and go for a trade that you are sure where should it will go and be prepared when things doesn't go on you way.
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January 12, 2019, 12:13:49 PM
 #11

Quote
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.
You should probably know that investment is one of the riskiest way to grow your money or investment I am not a professional trader however for starters in order to be familiar with all the market analysis you should gain knowledge based on your experience and to achieve that I would suggest to invest only a small amount first before investing a big amount.

Quote
Then what is the way so that I can make a big profit ...?
A lot of experience, knowledges about trading and cryptos, a little luck and a big investment.

Quote
How to effectively avoid unnecessary losses ...?
Invest a small amount of money or don't invest.

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January 12, 2019, 12:18:45 PM
 #12

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
On the contrary, lately the price is more stable than past. Just look for the years 2017-2018 and you can see it yourself.
The price is moving without any news or demonstrator. Now trading is something like gambling. The results of the analysis are the same: ''misapprehension''.
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January 12, 2019, 12:20:14 PM
 #13

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

With all due respect, you shouldn't be trading gambling at all.

Extraordinary Claims require Extraordinary Evidence
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January 12, 2019, 01:48:20 PM
 #14

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

if you are relying on the news here in forum and in social media you will be having most likely a lost on your holdings. If you are holding then you wont be able to have a good profit for a short period of time and you should not settle for a huge instant profit, if you want to have a profit even a little then you should do trading.
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January 12, 2019, 02:30:21 PM
 #15

Your failure will be your lesson that you need to do more and you need to do your best so you can able to achieve your goal or the profit that you want. All of us experience failure and because of this failure it help us to become better so if you ever experience failure in this field I can say that it just a challenges that we need to face so we can really achieve the profit that we really want.
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January 12, 2019, 03:05:39 PM
 #16

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

Then what is the way so that I can make a big profit ...?

- I suggest you to have a planner brother, then list all your goal target.
  Like from knowing how much profit you want this month? what are the things you need to do to make profits?
  Something like that, don't start with big capital always with small and be a risk taker as a trader here too.

How to effectively avoid unnecessary losses ...?

- I think the good thing you must is that don't sell coins if your not sure about your decision. if you find out that its
  price is down or dump stay hold em still and not selling it.

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January 12, 2019, 04:51:26 PM
 #17

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?



We all are people we have lot of thoughts to make their life more possible in all kinds of waste but most of them using their chances to be worthless in most of the times the cryptocurrency field also like this when you have entered into this field you will not be able to get much more profit in the starting stage and some people will fail so make more interest in this field then only you can get more profit that's all.

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January 12, 2019, 04:53:44 PM
 #18

Most crypto are volatile so my suggestion is HOLD.
As I've experience it myself that I can earn 1000% profit just by holding about 4 years.

Less stress and less effort , become the investor is the answer !

Smiley
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January 12, 2019, 05:20:22 PM
 #19

Most crypto are volatile so my suggestion is HOLD.
As I've experience it myself that I can earn 1000% profit just by holding about 4 years.

Less stress and less effort , become the investor is the answer !

Wow, I admire your mental toughness in holding for four f***g years, good job mate. I really don't know if I can hold that long though.

As for the case of OP, it seems that crypto is not for everyone. I can tell that he is a newbie investors because he mentioned that he panics every time he hears negative news. If I'm in his shoes, I would just stop investing, just saying.


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January 12, 2019, 05:31:45 PM
 #20

Losses are inevitable even by very good and experienced traders. You can't get profit all the time but it's important how you manage your loss and are you able to recover after. That is why it's very important not to invest more that you can afford to lose so that you could easier cover that loss.
Don't let be discouraged by the loss but it's very important that you have learned the lesson out of it and that you are aware how you could be more successful in the future. Time spent in trading will bring you knowledge and experience and thus better chances to get the profit, you just have to be patient.

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January 12, 2019, 05:38:55 PM
 #21

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

An understanding of the fundamentals should be giving more priority than news from media and forums such as these. There are lots of FUD and hype trown around, without any factual analysis.

As a trader you also have to build fortitude to resist the pressure to panic sell once the price turns down

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January 12, 2019, 05:41:56 PM
 #22

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
If you are newbie in this field its hard to avoid losses and even the expert also experience losses. Do not depend on any news or information in social media, I suggest try to do your own research so you can become more skillful in this field. Put all your effort in your work and choose a good coins to trade so you can make good profit.

if we do not take advantage of price development information, then what can we count on?
only with TA, I don't think it will be enough, after all, Fundamental information will also be very useful to avoid things that are not desirable, because it also has a significant impact on the market.
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January 12, 2019, 06:09:24 PM
 #23

try to learn technical analysis, don't just rely on the news, combine fundamental and technical, so that you are more confident when entering the market..  Wink
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January 12, 2019, 07:11:38 PM
 #24

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

As a trader, if you really want to excel in trading you must learn how to take any profit whenever there is a price rise when you buy when the price is low. Most of our problem is greediness. It is greediness that always makes us lost when we know the rudiment of trade. I will advise you to quit. Look for one or two good coins or tokens that are doing well, study them very well and buy from when the price is very low or Buy From the Depths. With this, you should be able to manage your trading.
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January 12, 2019, 07:41:47 PM
 #25

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Common mistakes of a newbie investor and don't worry you aren't the only one who do have such problem but I do believe that most people are losing money on this crypto investment
due to volatility.

If you don't have much knowledge and you do let yourself believing anytime on price chart analysis of other people instead on analyzing your own then most likely
you would really got disturbed on making such decision. Don't rush yourself on profiting because this will be a pitfall for you.

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January 12, 2019, 08:24:27 PM
 #26

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Common mistakes of a newbie investor and don't worry you aren't the only one who do have such problem but I do believe that most people are losing money on this crypto investment
due to volatility.

If you don't have much knowledge and you do let yourself believing anytime on price chart analysis of other people instead on analyzing your own then most likely
you would really got disturbed on making such decision. Don't rush yourself on profiting because this will be a pitfall for you.


We all know failure and success are common in all field so we can definitely know success and failure will happen in our trading business if Failure is not happened then success is also not happen but after sometimes when we are getting into trading failures will be reducing little by little then success aap to be gained by yourself very easily.

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January 12, 2019, 10:44:46 PM
 #27

This time i think is better to avoid trading if search for profit in short time. I think you better stop now and as other people say wait for a bull run or just hold the coins for long term and sell them only when you make profit.

 
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January 13, 2019, 01:27:11 AM
 #28

Well you definitely need to learn more, you need more experience to know the situation of the market, you can't rely on forum or social media as your source information because most of the time it's just their opinion, you need to find the reliable news, and learn more about the indicators, join group signal for reference and try to combine some indicators to get a more accurate speculation
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January 13, 2019, 03:00:19 AM
 #29

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

Some of my most favorite trades happened when I wasn't paying attention (aka sleeping).

There might be something to buying a handful of the top market cap coins, setting sell targets at 200-300%, and turn off crypto for a couple months.

Worst case you're still holding the coins (at less value), but you at least don't lock in the losses (by selling at a loss).

I wouldn't recommend at the peak of a bull market, but we're far from that now.

https://SATT.io
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January 13, 2019, 03:13:10 AM
 #30

Well you definitely need to learn more, you need more experience to know the situation of the market, you can't rely on forum or social media as your source information because most of the time it's just their opinion, you need to find the reliable news, and learn more about the indicators, join group signal for reference and try to combine some indicators to get a more accurate speculation
That's correct, we have to make further research in order to know the relevant information as that would help us to make a good decision.
If we got lazy then it would lessen our opportunity to make profit in crypto, and that means you have no place to improve here, so better look for other means of making money. It's called a risky market therefore we have to be careful all the time, if we can't win here, better find a job, it's safer.

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January 13, 2019, 03:46:35 AM
 #31

That indeed becomes a common thing in any business. including trading. of course there is a risk. but with a loss in my opinion it will give us an advantage to experience we can get a profit
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January 13, 2019, 04:17:49 AM
 #32

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Truly speaking, peoples with tendency like yours make a very less profits. If you buy bitcoins at a price greater than the price you sell than no doubt that you will only face loss.Try to stand firm in such markets and try to Hold your coins no matter what the market situations are. I am owning some bitcoins when the price was nearabout $15k which compared to now is $3500+ but yet i am holding them.

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January 13, 2019, 09:30:30 AM
Merited by Viscore (2)
 #33

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.
You should stop doing that, why would you sell lower than your buying price, that's not a good strategy, it's a suicide.
So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Don't rely only on those things, look for a lot of sources so you will be more educated and will help you in making great decision.
When the market is bearish, it's expected  that price is going down most of the time, why not short the market though?
But if you are bullish, you should not go against the current market situation, wait for the time that bitcoin will start to look bullish, that timing will help you.




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January 13, 2019, 10:55:20 AM
 #34

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

As you wrote, at the moment the entire cryptocurrency market is very unstable. I think that the most important, for this moment is not to panic and simply hold your investment. You just have to wait out this difficult moment and wait until the bullish trend come. In other words, patience is the most important now.
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January 13, 2019, 12:17:28 PM
 #35

Thats it. Your emotions are the one who makes you vulnerable. Stay outside the market for the moment until the price becomes stable or the green market peeked. The moment you rest, thats the moment you fix yourself and learn to control your mindset. Sorry for your loss but we can make it gain again. Rest but not quit.

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January 13, 2019, 12:47:06 PM
 #36

Thats it. Your emotions are the one who makes you vulnerable. Stay outside the market for the moment until the price becomes stable or the green market peeked. The moment you rest, thats the moment you fix yourself and learn to control your mindset. Sorry for your loss but we can make it gain again. Rest but not quit.
Learn while a having a break, its not easy to recover from any loss in this market but you have to keep moving so you can get have profit. Its ok to fail sometimes, but quiting is really not a good option there’s no successful traders who don’t experience any loses. You can still invest right now, and hold while you are resting.

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January 13, 2019, 12:58:04 PM
 #37

I think if you do not understand it then I do not think you will lose, you started trading without understanding anything, as a result you lost your money. You should have taken the help of a good quality trader...
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January 13, 2019, 01:09:36 PM
 #38

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
My advice for you is set your main objective first. Do you want to focus on minimizing the losses or go first to earning big profits? If you are hodler then you've got notjing to do right now but to hodl since the market is not yet fully recoveres but since you are a trader then you can do both, the choice is yours. You can earn profit by continuing to day trade but make sure you are aware of the risk of losing if you made a wrong move, on the other hand you can also take a rest for now and dump when the price goes higher or when you are ready again Smiley.

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January 13, 2019, 01:38:08 PM
 #39

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
You have still a lot of things to learn and to know about the market. After spending enough time,  then you'll decide to take the risk or just step out.
You can't just rely of what the others say but for you to learn by putting yourself into action or in reality. You actually loss at first but you can eventually change it once you have plan and strategies.
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January 13, 2019, 02:04:16 PM
Merited by Bonsaiav (1)
 #40

Here you such as playing with something that's not necessarily certain, this depends on your intention, whether it is strong or not. If it's strong.. do it, because in strong intentions there must be high optimism for that. I think crypto is only worthy of being a sideline in an effort to earn money related to the situations that seem just holding for it.
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January 13, 2019, 02:24:22 PM
 #41

try to learn technical analysis, don't just rely on the news, combine fundamental and technical, so that you are more confident when entering the market..  Wink
it's true because by combining fundamental and technical it is great to trade very well and by combining them we can get a lot of knowledge too
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January 13, 2019, 02:46:03 PM
 #42

try to learn technical analysis, don't just rely on the news, combine fundamental and technical, so that you are more confident when entering the market..  Wink
it's true because by combining fundamental and technical it is great to trade very well and by combining them we can get a lot of knowledge too
Trading is not just easy by having fundamental and technical analyzation, it also needs experience and deep research of which coins you must pick that having potential when it comes trading. You can use that news and pumping group such as a reference but don't stick with them. If you don't have enough knowledge of trading, then, don't easily engage because it might be a failure you to gain profit.

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January 13, 2019, 02:48:05 PM
 #43

When I was trading I solely relied on the news and it seems like it hardly ever works, I agree with others and you should learn technical analysis, it won't guarantee anything but it's prob better than reading the news outlets.
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January 13, 2019, 02:52:12 PM
 #44

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

Trading is not that simple as you understand, you need to have proper planning and execution, most important how strong your analysis is. Do not rely on free signal provided by anyone, it may lead you to further loss. First of all you start analyze market for some days, try to learn charts. First trade demo before going live, this way you can generate profit, do not take high risk trades initially and keep you risk calculated.

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January 13, 2019, 09:52:24 PM
 #45

I think if you do not understand it then I do not think you will lose, you started trading without understanding anything, as a result you lost your money. You should have taken the help of a good quality trader...
No body should start trading without knowledge because it’s very important to have knowledge what you are doing and what you are doing it for. People here spend time so their aim should be learning basic skills of trading so there will be no more lose only profit. In crypto only they succeed who learns from mistakes.

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January 13, 2019, 10:06:47 PM
 #46

try to learn technical analysis, don't just rely on the news, combine fundamental and technical, so that you are more confident when entering the market..  Wink
it's true because by combining fundamental and technical it is great to trade very well and by combining them we can get a lot of knowledge too
The best thing than we can do when we trade is that, always have your backup research on any coin or at least you analyze both TA and FA of that coin. We might not get profit sometime but you must not give up since its normal in trading so you should do better the next time you trade to have some profit.
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January 13, 2019, 10:13:24 PM
 #47

You should change your mindset about bitcoin. Don't sell at a loss if you're not a trader. Just HODL it while studying technical analysis and risk management. THEN when you have mastered the art of trading ( at least theoretically) you can start "playing" with your funds in the market. Wink

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January 13, 2019, 10:49:31 PM
 #48

I think if you do not understand it then I do not think you will lose, you started trading without understanding anything, as a result you lost your money. You should have taken the help of a good quality trader...
No body should start trading without knowledge because it’s very important to have knowledge what you are doing and what you are doing it for. People here spend time so their aim should be learning basic skills of trading so there will be no more lose only profit. In crypto only they succeed who learns from mistakes.
Nobody's become successful without commiting any mistakes and losses,  but they learned things from it and they became strong enough.
When you are in this field, you should be vulnerable enough and do instant adjustment depending on the market flows. 

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January 13, 2019, 11:20:24 PM
 #49

When I was trading I solely relied on the news and it seems like it hardly ever works, I agree with others and you should learn technical analysis, it won't guarantee anything but it's prob better than reading the news outlets.
You should not trade according to the news but instead according to the price of the market. Some news may bring some FUD to traders and will lead for them to FOMO which could result in a sudden drop of the price in the market. Don't trade if you are too emotional about of the situation you might end up losing too much too.

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January 13, 2019, 11:47:18 PM
 #50

When I was trading I solely relied on the news and it seems like it hardly ever works, I agree with others and you should learn technical analysis, it won't guarantee anything but it's prob better than reading the news outlets.
You should not trade according to the news but instead according to the price of the market. Some news may bring some FUD to traders and will lead for them to FOMO which could result in a sudden drop of the price in the market. Don't trade if you are too emotional about of the situation you might end up losing too much too.
How can you be a good trader if you are just depending on the news? Yes it can be a source of your action but never to depend on that alone. Trading is more on reading the chart and price moment, if you failed to gain profit then try to trader again, if you lose that is not the end yet.
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January 13, 2019, 11:57:03 PM
 #51

Sad to say for quick drops of altcoin into the marketcap people are expecting to get quick profits but is failed that's is a part of crypto investment unpredictable when to get huge profits the key of the succes to get profits in crypto is patience and believe it strong as currency and stay keep faith.
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January 14, 2019, 02:51:58 AM
 #52

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

Big profit start from small profit, meaning learn and do with realistic limit you have ( mindset, asset, strategy ). If you start with big profit you'll bankrupt and never survive not to scare you but that is reality. So many people came into market without good preparation, no basic knowledge and never practice. Make a journal, test your strategy, write what you need and never repeat the same mistakes.

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January 14, 2019, 04:47:33 AM
 #53

We can not avoid loss in trading activity but we can only minimize the loss. When you loss should less periode and less percentace than taking profit. And to minimize loss we have to use stop loss for each trade. Use technical analysis to know support and resistance area and dont FOMO.

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January 14, 2019, 05:13:29 AM
 #54

We can not avoid loss in trading activity but we can only minimize the loss. When you loss should less periode and less percentace than taking profit. And to minimize loss we have to use stop loss for each trade.
One basic rule of trading reads like this, "cut your loss earlier and let your profits run". This will be possible along with trailing stop-loss but I am not sure how effectively it could be implemented into highly fluctuating crypto markets. Yes, we cannot completely avoid losses but we may look for opportunities to have less number of losses. When we are good at technical analysis then we may have a trading career which will be having very less to zero losses. Basically, our losses should be lesser than sum of profits, nothing else doesn't matter.

With all due respect, you shouldn't be trading gambling at all.
Often we are seeing many people are approaching trading in gambler's way. Lack of knowledge and experience must be the reason and this community may help them to fix that issue Wink.
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January 14, 2019, 05:55:22 AM
 #55

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
If you don't want to loss,then don't sell it now.You are doing good but this is not the right time to make huge profits you maybe earned something if you tried day trading but beginner the chance of losing also there so don't do anything now,just hold it.You will start to make profits once the bulls wakeup.

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January 14, 2019, 06:28:18 AM
 #56

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
The point that you must really pay attention to is patience, with patience then you can get a chance to seize the opportunity to make a profit. If you are impatient then of course you can make inappropriate decisions. Without patience, you can only panic and of course it is a bad thing for the coins you have. Trust a Trader that patience is the most must have, patience will make yourself extraordinary and have the right momentum in gaining profit. Without having patience, a Trader will only experience failure and it will eliminate a lot of money he has. Let's learn calm and keep patience as well as possible, emotional control will determine what a trader will get in the future.
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January 14, 2019, 08:51:24 AM
 #57

We can not avoid loss in trading activity but we can only minimize the loss. When you loss should less periode and less percentace than taking profit. And to minimize loss we have to use stop loss for each trade. Use technical analysis to know support and resistance area and dont FOMO.
Any kind of strategy he is just too have an idea but there is no assurance that this is going to happen so just tried with the money you can afford to lose, I don't trade when the market is really down just hope for the better days.

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January 14, 2019, 11:22:03 AM
 #58

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
If you don't want to loss,then don't sell it now.You are doing good but this is not the right time to make huge profits you maybe earned something if you tried day trading but beginner the chance of losing also there so don't do anything now,just hold it.You will start to make profits once the bulls wakeup.
It is very difficult to do this. Looking at the current market we cannot expect what will happen in the upcoming market. Everyone is optimistic, but I believe we will have to wait a long time because from now until 2020 everything will get worse.

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TheUltraElite
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January 14, 2019, 12:39:50 PM
 #59

Sad to say for quick drops of altcoin into the marketcap people are expecting to get quick profits but is failed that's is a part of crypto investment unpredictable when to get huge profits the key of the succes to get profits in crypto is patience and believe it strong as currency and stay keep faith.
True but if you are supporting a certain altcoin and have faith in it you can buy at the dip so you feel good by increasing your bag size. Since you have faith in it you should have done enough research to conclude whether it is a scam or not.

Then again you must sell at some point and then use the spare cash to buy back at the low price. Not doing these money cycling only leads to anxiety that makes you feel that you are not taking part and falling back. Indeed this needs practice but you need to start doing it to get the grip. Initially you might lose some cash with opposite side movements but hodl through those periods and the markets will move in your favor soon.

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January 14, 2019, 01:00:15 PM
 #60

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

Emotions, pal. And in these bear periods, you should have another source of income that will take your focus away from crypto for a while. So you still earn and you don't get tempted to sell your losses. You will waste a lot of time in the market when there's really nothing going on.
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January 14, 2019, 01:05:28 PM
 #61

Sad to say for quick drops of altcoin into the marketcap people are expecting to get quick profits but is failed that's is a part of crypto investment unpredictable when to get huge profits the key of the succes to get profits in crypto is patience and believe it strong as currency and stay keep faith.
True but if you are supporting a certain altcoin and have faith in it you can buy at the dip so you feel good by increasing your bag size. Since you have faith in it you should have done enough research to conclude whether it is a scam or not.

Then again you must sell at some point and then use the spare cash to buy back at the low price. Not doing these money cycling only leads to anxiety that makes you feel that you are not taking part and falling back. Indeed this needs practice but you need to start doing it to get the grip. Initially you might lose some cash with opposite side movements but hodl through those periods and the markets will move in your favor soon.
Agreed on the point that if you do let yourself be part of the dip or shall we say you do sell and able to make some profits on such sell-off then this really removes anxiety.
The hardest part only on making such buyback or bagholding is that there is really a time where you doubt on such decisions and even you do believe on the project but with this bear market
where everything turns out to be read will really give you some questions on mind.

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GregH37
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January 14, 2019, 05:48:10 PM
 #62

I think learning from your mistakes is the most important aspect of making profit in the future. I have done trading couple of times in the past and I have checked what I did wrong and tried to change the way I think about trading and it gave me a better result. Normally, I did used charts but I was having hard time reading them and most of the time when I realized there is a profit to be made on a coin that should be going up the price went up before I was finished my research and bought some.

Hence, I tried to automate it and bought a trading bot and implemented my strategy into it but this time bot did stuff that I wasn't really giving it permission to because it was looking for stuff that I gave it but also doing it in a massive scale instead of smaller part which meant bigger profits than I used to make but bigger losses than I used to have as well. Then I went back on my old home made system and used the bot to alert me a good coin in my research criteria and bought manually instead, kind of using best of two worlds. Learn from your mistakes and improvise a bit.
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January 14, 2019, 06:14:07 PM
 #63

From the looks of it you are not built to become a day trader yet. Buying and selling actively on a daily basis is not the only way to profit from the market. Why don't you try to become a position trader instead? Keeping on a early paper loss is still better than losing your capital by cutting your losses, at the end when the market starts recovering you will see your portfolio going green. Sometimes patience is always the answer to everything as quick actions like that tend to become poor decisions at the end.

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cryptocointrade.com
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January 14, 2019, 06:18:59 PM
 #64

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

Patient. It takes time to make winning trades and it also takes time to accept losses. However, it seems that you are willing to learn. What many beginners doesn't understand is that a successful trader might have more losing trades than winning trades.

How is that possible you ask yourself?

Let's assume a winning trader makes 3 trades on 1 day. Each trade was worth $100. The trader took a loss at $98 and took a win at $105. The trader did lose 2 trades and won 1 trade and made 1% profit in one day.

Read more about crypto trading at www.cryptocointrade.com
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January 14, 2019, 06:32:46 PM
 #65

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

Losses is part of the game. There is no guaranteed overnight profit in trading.

And since 2018 is being dominated by the bearish activity, it's really a headache to some traders to cope up with the situation especially those who do short term trades.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Your set of references in making a future decision can't be considered as wrong or inappropriate. But what is your goal? To accumulate and hold or will ride the ups and downs of the price? If you goal is to just accumulate at any means then disregard any price events as what will you do is to just hold. If your reason on the other hand is to ride the ups and down, that will be a tough challenge since we all know that the current price movement is still not showing at least a steady stand on a certain level.

So what to do now? My suggestion is to just hold a bit and have some patience. We don't want to rush things here just to get a profit so carefully play with the scene. If you want to do short trades, patience is needed here too. When we say short trades, it doesn't mean you have to deal on buy and sell within just a few days or etc.

Just continue to do trades and build experience. That will be your foundation.

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January 14, 2019, 06:58:50 PM
 #66

There ar  different strategies in trading,and no exact one is sure of complete success,you have to put a whole lot of effort to day trade as you are want to do and probably you're not putting in enough effort and required experience.
It's best you try another form or trade,prbably hodling as it'll not require any necessary skill,but just basically storing coins up in your wallet for a long time,and note to invest with capital you can afford to lose as you can't win all the time

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January 14, 2019, 08:11:42 PM
 #67

There ar  different strategies in trading,and no exact one is sure of complete success,you have to put a whole lot of effort to day trade as you are want to do and probably you're not putting in enough effort and required experience.
It's best you try another form or trade,prbably hodling as it'll not require any necessary skill,but just basically storing coins up in your wallet for a long time,and note to invest with capital you can afford to lose as you can't win all the time


In the starting stage all people have definitely failure in any time so we can definitely face the problem to come back because without failure the success will not came for us continents only the way to gain profit
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January 14, 2019, 10:27:44 PM
 #68

There ar  different strategies in trading,and no exact one is sure of complete success,you have to put a whole lot of effort to day trade as you are want to do and probably you're not putting in enough effort and required experience.
It's best you try another form or trade,prbably hodling as it'll not require any necessary skill,but just basically storing coins up in your wallet for a long time,and note to invest with capital you can afford to lose as you can't win all the time
It's really hard to make good profits if you are trading in this bearish season.Even the legends here experience also that.Maybe you can stop trading at this moment while the market is very unstable and just make buy and hold strategy.Most of the people here are just buying affordable coins with great potentials because it will also give huge profits when the price market reaches its peak again.

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January 14, 2019, 11:04:43 PM
 #69

There ar  different strategies in trading,and no exact one is sure of complete success,you have to put a whole lot of effort to day trade as you are want to do and probably you're not putting in enough effort and required experience.
It's best you try another form or trade,prbably hodling as it'll not require any necessary skill,but just basically storing coins up in your wallet for a long time,and note to invest with capital you can afford to lose as you can't win all the time
It's really hard to make good profits if you are trading in this bearish season.Even the legends here experience also that.Maybe you can stop trading at this moment while the market is very unstable and just make buy and hold strategy.Most of the people here are just buying affordable coins with great potentials because it will also give huge profits when the price market reaches its peak again.

Famous traders advice to buy when others are fearful and sell when other traders feel greedy. Bearish market conditions are temporary like other market cycles which repeats itself with in time. Huge profits are expected if traders can handle big risks. Unstable prices lead to chaos in financial markets and chaos strategies don't work in crypto market.

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January 15, 2019, 03:00:36 AM
 #70

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Don't push yourself, especially if you got easily to get panic. Train out mental in trading activity need time, and if that is only what your problem, then keep trading even loss or profit, try to hold your coins longer when it get  down.

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January 15, 2019, 03:35:01 AM
 #71

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Profiy is not only my goal, I keep trading because I want to learn more information about trading. Even I keep making mistakes, I still want to trade for me to improve my skills and knowledge. Losses are inevitable and that is the risk that we are all facing.
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January 15, 2019, 05:14:05 AM
 #72

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
I think if you really understand the information and the price chart or the market movement you can certainly reduce your losses, even you can make a profit. in my opinion there are some mistakes in your understanding, or maybe you are too hasty in making a decision, then take action when in a panic.

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January 15, 2019, 05:26:31 AM
 #73

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
You should expect that there are times that you will have a hard time to gain profit. Due to the unstable price, you should always monitor the price of the cryptocurrency that you are currently trading for you to know that is the suitable strategy that you can use.
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January 15, 2019, 06:38:32 AM
 #74

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
You should expect that there are times that you will have a hard time to gain profit. Due to the unstable price, you should always monitor the price of the cryptocurrency that you are currently trading for you to know that is the suitable strategy that you can use.
It's all about market adoption and how as a trader adjust the way it prices change.  Market analysis is very important and not just do the usual traders did, strategies and good planning will help us to more profitable trader.
Cause without this things,  it surely you've only got nothing and even losing everything you invested.

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January 15, 2019, 08:02:21 AM
 #75

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Many of us especially those that joint the trading during the advert of cryptocurrencies are very new to the market and because of that we should not think that we are going to make any significant profits from the market as those that really make money from the market are the professionals and skillful traders.  You are selling at the price lowered than your purchase because you did not have adequate knowledge on how the invest market work.
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January 19, 2019, 08:59:12 AM
 #76

Agreed on the point that if you do let yourself be part of the dip or shall we say you do sell and able to make some profits on such sell-off then this really removes anxiety.
Then you know that you took part and this raises your spirits and you feel good. You will be able project your future selling or buying points based on these as well. It important to refresh yourself at times because it will get boring at times.

Quote
The hardest part only on making such buyback or bagholding is that there is really a time where you doubt on such decisions and even you do believe on the project but with this bear market
Every investor has their doubts. If at anytime you feel that the asset is not going well you should sell off at the next pump, because holding on to it only leads to more anxiety and depression. But this does not go with everyone. Some people are able to hold their assets and go to sleep. Thats what people should try at least with bitcoin.

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KnightElite
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January 19, 2019, 11:13:44 AM
 #77

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
All of trading are failing sometimes because losing in trading is inevitable due to the high risks. It is not bad to loss sometimes because there are many information thatbwe can get from our past losses.
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January 19, 2019, 01:27:24 PM
 #78

a trader should know that the market situation is changing at any time. and the price of bitcoin is a benchmark for altcoin trading. this is the basis for using the right market strategy.

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Bosx1ne
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January 19, 2019, 01:55:27 PM
 #79

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
I think if you really understand the information and the price chart or the market movement you can certainly reduce your losses, even you can make a profit. in my opinion there are some mistakes in your understanding, or maybe you are too hasty in making a decision, then take action when in a panic.
You will avoid losses if you can really understand the chart and the movement of the coin that you are currently trading. I studied technical analysis in a long time and I really have a good outcome when I studied technical analysis. I cannot fully predict what will happen to the price of the coin but I now know when is the right time to buy and to sell cryptocurrencies.
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January 19, 2019, 02:01:15 PM
 #80

I keep trading even I experiencing loss sometimes, I know that it is part of the way for me to become expert trader. There are people who saying that I should now stop trading but I do not mind them because I know that I will earn many opportunity by continuing trading. 

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January 19, 2019, 03:07:46 PM
 #81

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

To be able to effectively avoid losses you should have strong faith in your investment. Selling at a price lower than the purchased price is a bad idea and is not inline with a healthy business management.

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January 19, 2019, 04:32:09 PM
 #82

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

To be able to effectively avoid losses you should have strong faith in your investment. Selling at a price lower than the purchased price is a bad idea and is not inline with a healthy business management.

He is wrong in the beginning of his thread, crypto market isn`t currently unstable, it`s unstable from beginning. Since ever we have fluctuating price, with big rises and drops, whats happened in 2017 we witnesses the highest rise ever, and after that biggest drop ever, until now remember that. In percents its similar like years before, but with bigger numbers 60% from 200 dollars is not same like 60% from 19000 dollars. You can`t buy high and sell low and expect profit, when you sell you lose, with waiting price always grow. Ask people who bought back in 2013 at 1200 dollars, they waited for years to make profit.

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January 19, 2019, 05:00:39 PM
 #83

This is crypto, my friend , where the value always move unexpectedly.
My friendly suggestion is HOLD for longer term is better than short term trading because me and my friend already experience it over 2 years  !
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January 19, 2019, 05:04:43 PM
 #84

This is crypto, my friend , where the value always move unexpectedly.
My friendly suggestion is HOLD for longer term is better than short term trading because me and my friend already experience it over 2 years  !
You must have a strong position each time you place your entry, make sure that you are willing to take the risk if you feel to short the market or if you are aiming for long term holds, knowing your capabilities anticipating the trend will give you some breathing inside the market, don't always follow the news as most of the time it won't favor you since there's a lots of people already read and knew about it.
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January 19, 2019, 05:50:09 PM
 #85

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

To be able to effectively avoid losses you should have strong faith in your investment. Selling at a price lower than the purchased price is a bad idea and is not inline with a healthy business management.

He is wrong in the beginning of his thread, crypto market isn`t currently unstable, it`s unstable from beginning. Since ever we have fluctuating price, with big rises and drops, whats happened in 2017 we witnesses the highest rise ever, and after that biggest drop ever, until now remember that. In percents its similar like years before, but with bigger numbers 60% from 200 dollars is not same like 60% from 19000 dollars. You can`t buy high and sell low and expect profit, when you sell you lose, with waiting price always grow. Ask people who bought back in 2013 at 1200 dollars, they waited for years to make profit.

This should be a lesson to OP and to all other traders out there that we don't have to let emotion get in our way if we are trading. The market is fluctuating too much and sometimes tend to drop more since the bear market is not done yet. If you guys are trading you should know the basics of it like buying at low then sell it at high and not the other way around. It could give you a catastrophic result.

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January 19, 2019, 06:00:07 PM
 #86

So, you stated that you get the news from "social media" and the "forum". High chances are that you are reading the "wrong" news. You probably are reading the post given by users you are trying to spread FUDs and you fall for it. Thus you end up selling everything in panic. Don't just follow the news blindly. Analyze it and follow your own intuition when taking those decisions.

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January 20, 2019, 10:53:29 AM
 #87

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

To be able to effectively avoid losses you should have strong faith in your investment. Selling at a price lower than the purchased price is a bad idea and is not inline with a healthy business management.
It’s basic logic to invest that investor must but at low price and sell high as all the time selling at lower than we buy is almost full of lose. If a person once failed to gain profit the benefit he will get is experience and this way he will learn new ways to over come that fear and get better profit in short term so just hold at red and buy if you have money.

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January 20, 2019, 11:18:01 AM
 #88

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
There are many effective ways for you to avoid losses. Your focus should be improving your strategies and enhance trading skills. This forum will help you to learn many effective strategies and techniques to avoid losses. You can win in trading if you have good trading skills so you should enhance it.
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January 20, 2019, 11:52:24 AM
 #89

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

You should stop your trading and start to learn from beginning, panic sell is bad for you. Learn about basic knowledge ( money management, mindset, method ), practice with demo account and enter the real market with real money. The solutions from panic is follow your rules and that's it, trust me.


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milewilda
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January 20, 2019, 12:06:44 PM
 #90

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
You arent the only one who do experience such loss but most investors are really on the brink of negative as of this moment if we do try to look
on the current market condition.I wont say that you are wrong on relying into news but let yourself be aware that not all fundamentals would really be
precise nor the price predictor on where would prices would possibly go.The way on making big profits is always been a question for us investors here on crypto.

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January 20, 2019, 01:13:59 PM
 #91

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Researching is the best way for you to avoid loss and earn high profit in trading. Failing is normal, not all of time we can earn money in trading. There is a reason why you lose in trading, maybe you have lack of information or experiences that leads you to fail. That's why you should improve it for you to win in trading and avoid losses.
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January 20, 2019, 01:28:31 PM
 #92

This is crypto, my friend , where the value always move unexpectedly.
My friendly suggestion is HOLD for longer term is better than short term trading because me and my friend already experience it over 2 years  !
You must have a strong position each time you place your entry, make sure that you are willing to take the risk if you feel to short the market or if you are aiming for long term holds, knowing your capabilities anticipating the trend will give you some breathing inside the market, don't always follow the news as most of the time it won't favor you since there's a lots of people already read and knew about it.

Even if you have the will to take risk, it is still a roll of the dice whether you gain profit or not. It's not being pessimistic or optimistic that would lead to your profit, it is being optimistic or pessimistic when you gain losses. Expect the worst, but don't dwell into that kind of though and I am pretty sure you might be surprised by the small bits of gains you will slowly gain.
News? I never let the news even get into my mind when I trade. I guess I still have a youth-like mind.  Cheesy Not that I am really old though.

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January 20, 2019, 01:57:49 PM
 #93

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?

We can't do really nothing about the situation now in the market, and I suggest you that never allow your emotion controls you mate. Because if you will allow it, that could be the result which is a fatal loss. Since the market was unstable, better to hold if your not sure about doing trade in the platform.
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January 20, 2019, 02:53:19 PM
 #94

a few months ago, I thought that holding back in the long run would really have a good effect right now. but, we know that at the moment it has not had a big effect, and some people fail to increase profits. well, but maybe more patiently, I think it can be minimized.

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January 20, 2019, 03:00:16 PM
 #95

So, you stated that you get the news from "social media" and the "forum". High chances are that you are reading the "wrong" news. You probably are reading the post given by users you are trying to spread FUDs and you fall for it. Thus you end up selling everything in panic. Don't just follow the news blindly. Analyze it and follow your own intuition when taking those decisions.

information circulating at this time is not certain the truth. there is a lot of false news and the purpose of the fabricator is to get a profit. they take advantage of such a chaotic situation. so it would be nice that we always analyze when reading the news, by doing analysis we can avoid the bad situation. at least that we will get a lot of references and the data will be very useful for understanding ourselves in making decisions.
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January 20, 2019, 03:38:35 PM
 #96

yes, a lot of people are wrong to predict crypto prices, many traders and investors are expecting prices to rise at the end of December 2018, but the decline has occurred, so many people think that they will be able to get a big profit with what they invest, it fails to get what they want, because prices have not yet moved to grow higher, patience is indeed to minimize or to avoid defeat.

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January 20, 2019, 10:40:23 PM
 #97

Why aim for a heavy profit?
You are not gambling. You are trading. If you can have that little amount of profit then you are doing good. You just need to keep up to that pace and maybe you can earn more even with just a little amount every hour or every day.

If I were you I will stay with that kind of thinking until maybe you can have large amount of tokens then trade it with large profits.

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January 20, 2019, 11:48:46 PM
 #98

This is crypto, my friend , where the value always move unexpectedly.
My friendly suggestion is HOLD for longer term is better than short term trading because me and my friend already experience it over 2 years  !
I feel not good for long term trading unless we are in the top 10 coins cause in most cases prices were merely changes all the time. May those coins that have a great value today will become under valued in the market few months from now and so for 2 years( don't really know). It is better to have a small gains everyday rather than to have nothing and we wasted a lot of days without profits.

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January 20, 2019, 11:55:07 PM
 #99

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
You are not the only one who have lose in this bear market, remember that. You should be positive always on your trade because if you lose hope, I guarantee that you won't succeed at all. I am also a loser in trading. In fact, I lose much because of my greediness and panic selling mentality. I've done a lot but I know it os not enough. So until now, I have tried my best to make profits in cryptocurrency.

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January 21, 2019, 10:58:59 AM
 #100

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
I have also the same experience with you and i'm also relying on news and other people views though i have a little knowledge in technical analysis i still end up losing specially now in this year long bearish market. So know i just keep holding my coin even it register big losses i onow it can recover soon i need to be patience to earn profit thats the best thing to right now i think.
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January 21, 2019, 01:20:11 PM
 #101

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Losses are inevitable but there are ways for you to lessen your losses. I keep researching on different strategies that I can use in order for me to earn profit in trading. I am aware that my knowledge is still not enough and it is the reason why I keep researching and studying. I want to increase the information that I know for me to have way to lessen my losses and earn big amount of profit.
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January 21, 2019, 01:42:42 PM
 #102

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Investing in your own voice is very dangerous. Because we need real knowledge to be able to get an accurate voice from ourselves.
You feel insecure when the market goes down because you don't have much knowledge about the investment field. My sincere advice is to take a course for investors. You will learn more about investment as well as risk management.

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January 21, 2019, 03:37:35 PM
 #103

The best way to invest in any crypto trading is using fund that you can afford to lose. You will lose when you sell off below your purchasing price. Patient is part  of the trading. Wait till you make some profit before you sell.
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January 21, 2019, 10:04:12 PM
 #104

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Bitcoin and crypto market always violate their limit and people cannot think that whats happen next.Now the crypto situation is so bad and many people sell their bitcoin low price and get a huge loss but nothing to do because they need a money emergency.So i think always store some liquid money and its help to when the situation is negative but people can not do this.when bitcoin price up and up they hold than bitcoin down they try to sell.SO first control your mind than target your profit hope you will be the winner.
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January 21, 2019, 10:37:48 PM
 #105

This bear condition of the crypto market beyond of learning field! We took bear condition to learn how to trade but this is not the right time, this is not a normal bear market rather it is a very hard time for the every crypto supporters. So, I would suggest you stop trading now and keep learning. When the good times come, use your experience and what you learned before about trading.

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January 21, 2019, 11:32:46 PM
 #106

We cant gain everytime in trading, losing is part of the process but you can do something to avoid or minimize your losses by learning and controlling yourself.

Dont panic sell because of the FUD or news that can affect the price of your coins. Have a concrete plan with your holdings and ignore the things that can break it especially if you know that your holdings has potential and might give you good profit once you hold on to them.



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Rainbot
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January 22, 2019, 01:19:51 AM
 #107

Since you are honest with the level of knowledge you have about the market and make money from the market.  Remember that investors have to learn how to invest by paying a price.  You should endeavour to spend sometime research yourself and also be ready to spend time and money in learning more than investments.  Majority of us thought that we can only makes money by putting money into the market as a traders bitcoin that is not truth but what is truth is your ability to learn and develop your skills and understanding on how the market work in other to develop your own strategies about the market.
if we want to get profit in crypto we have to go through several stages,
 all of which cannot be fast we must know very well how bitcoin works and the potential for price increases, which happens if we have enough money directly into trade we can suffer losses, why we cannot predict prices,
 so we should not go straight into trading if we don't understand correctly. do a number of trade simulations and we can make several observations regularly, this can make us able to predict prices,
 and can avoid losses.
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January 22, 2019, 02:11:58 AM
 #108

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
I have also the same experience with you and i'm also relying on news and other people views though i have a little knowledge in technical analysis i still end up losing specially now in this year long bearish market. So know i just keep holding my coin even it register big losses i onow it can recover soon i need to be patience to earn profit thats the best thing to right now i think.
if you rely on news to make choices, the strategy must be like this, buy when good news starts to come, and sell when bad news arrives. but to do that, you have to monitor at all times to see and look for news, and that requires a lot of time allocation?
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January 22, 2019, 04:26:35 AM
 #109

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
I have also the same experience with you and i'm also relying on news and other people views though i have a little knowledge in technical analysis i still end up losing specially now in this year long bearish market. So know i just keep holding my coin even it register big losses i onow it can recover soon i need to be patience to earn profit thats the best thing to right now i think.
if you rely on news to make choices, the strategy must be like this, buy when good news starts to come, and sell when bad news arrives. but to do that, you have to monitor at all times to see and look for news, and that requires a lot of time allocation?
People in here called that buy in rumour, and sell in news. Maybe that is right, because when rumour come, people always prepared for that and start to buy coin that on news for example bitcoin. And then it is get pumped by everyone who buy it too. In that case, we must take chance to get profit from that pump period.

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manggis97
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January 22, 2019, 08:28:48 AM
 #110

No body know before if now all crypto dumped hard,  a lot of trader loss much money,  but some of trader has been make good profit because they have risk management. They always use stop loss for each trade and if the price keep down they shorting the price in margin trading.  Lesson learned, we have to use stop loss anytimes for all trade and when buy any crypto because all our analysis will be never 100% accurate.

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tokoorochan
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January 22, 2019, 09:21:04 AM
 #111

No body know before if now all crypto dumped hard,  a lot of trader loss much money,  but some of trader has been make good profit because they have risk management. They always use stop loss for each trade and if the price keep down they shorting the price in margin trading.  Lesson learned, we have to use stop loss anytimes for all trade and when buy any crypto because all our analysis will be never 100% accurate.
as profesional traders, they will always use risk management to avoid big loss.they have good experienced before that ,so for them managing risk with stop loss important for their portofolio.

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leavolnhals
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January 22, 2019, 09:54:01 AM
 #112

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
In order to avoid large losses, you should use exchanges with stop-loss functions, such as Binance. It is a world-class trading platform and is very safe to deposit.
In order to make a lot of profits, I recommend investing in the new altcoins of the market. because it often tends to increase sharply at times when the value of altcoins goes down. such as DEX, Buggyra Coin, Factom ...etc

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January 22, 2019, 11:25:03 AM
 #113

in the current market situation many recommend to keep holding.
it will be very risky even you will fail to make a profit if you trade without careful calculation.
Siren
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January 22, 2019, 11:36:19 AM
 #114

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
Lol do you really believe that someone can tell you how to profit bigger?specially in this kind of market?you must be kidding man,you must be contented in just a small profit than losing.but for me if you want to avoid losses then stop trading for now and reserves your coins for holding until market find#its way to recovery
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January 22, 2019, 12:12:57 PM
 #115

The crypto market is currently very unstable. I am easily affected, in panic selling conditions like now I sometimes sell bitcoin at a price lower than the purchase price. The result is a fatal loss.

So far, I have only relied on news information obtained from forums and social media and a little understanding of the foundation of price charts and market movements to make investment decisions in Bitcoin.

Then what is the way so that I can make a big profit ...?

How to effectively avoid unnecessary losses ...?
First thing first, the market is really unstable and so engaging with this industry will not give you an assurance to gain profit. Sorry for your losses but if you want to cut your loss then do it since its your decision, keep in mind that the volatility of the market can bring you down or up depends on how you move your assets. If you want big profit then stay on several coins in the market don't spread your money on different alternatives.