akihikohideaki (OP)
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January 12, 2019, 04:29:39 AM |
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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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adaseb
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January 12, 2019, 06:32:42 AM |
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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 |
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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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justspare
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January 12, 2019, 07:22:32 AM |
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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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arpon11
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January 12, 2019, 07:36:48 AM |
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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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Ararbermas
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January 12, 2019, 08:03:15 AM |
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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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Lalafell
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January 12, 2019, 08:40:43 AM |
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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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VitKoyn
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January 12, 2019, 10:03:50 AM |
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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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gabmen
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January 12, 2019, 10:43:51 AM |
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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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ShadowBits
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January 12, 2019, 11:29:32 AM |
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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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joeperry
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January 12, 2019, 12:13:49 PM |
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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. 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. How to effectively avoid unnecessary losses ...?
Invest a small amount of money or don't invest.
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Xardasim
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January 12, 2019, 12:18:45 PM |
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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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tmfp
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January 12, 2019, 12:20:14 PM |
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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.
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Muzika
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January 12, 2019, 01:48:20 PM |
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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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Captain Sneeze
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January 12, 2019, 02:30:21 PM |
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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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rhomzkie26
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January 12, 2019, 03:05:39 PM |
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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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playboy654
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January 12, 2019, 04:51:26 PM |
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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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izanagi narukami
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January 12, 2019, 04:53:44 PM |
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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 !
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TravelMug
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January 12, 2019, 05:20:22 PM |
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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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bitbunnny
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January 12, 2019, 05:31:45 PM |
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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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