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Author Topic: failure to gain profit  (Read 18424 times)
whyrqa
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September 29, 2019, 05:18:37 PM
 #281

It cannot be said that today trade is becoming very easy and profitable.  For many traders, making money is getting harder and harder.  It seems to me that the clear evidence of the bad situation on the cryptocurrency market is the fact that over the past 3 months, the capitalization of the cryptocurrency market has decreased by almost 41%.  Nevertheless, the market is alive and will be able to increase its strength thanks to new and promising projects and thanks to the implementation of the ideas of the most popular cryptocurrencies.  We all listen to authoritative opinion and in this situation I believe the words of Morgan Creek Capital Management CEO Mark Yusko, who expressed his vision of the further development of events.  This person stated that the volatility of the cryptocurrency market has always been its main feature and the fact that prices have fallen today is not a reason to worry and sell the cryptocurrency.

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September 29, 2019, 05:37:01 PM
 #282

The easy thing is to be patient and always check the market so that you have your own consideration of the right time to sell, because basically you do it consciously when you sell at a price lower than buying. So, if you can be patient and try to keep holding it in the best way, and with you checking prices all the time then you will control everything until you can sell at a higher price than buying.

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September 29, 2019, 08:14:28 PM
 #283

The easy thing is to be patient and always check the market so that you have your own consideration of the right time to sell, because basically you do it consciously when you sell at a price lower than buying. So, if you can be patient and try to keep holding it in the best way, and with you checking prices all the time then you will control everything until you can sell at a higher price than buying.

Being patient is not enough sometimes, your body need to rest, you can't trade 24/7, well actually you can, if you have a death wish in your mind, what I mean by that is you can't monitor the market all of the time, a simple signal that beeps when you hit the certain amount you want to sell your coins can't wake you up in your sleep when you are dead tired because of trading all day.

Loss is inevitable in Trading, it is part of your everyday life in trading industry, without those few losses you have when you fell asleep or went to the bathroom to take a dump, you will not learn anything, and you will not gain not just profits but also lessons that will teach you on how to trade wisely.

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elyorman
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September 30, 2019, 01:41:45 AM
 #284

First of all you should learn from your losses and never think of earning back that money asap! Otherwise you might end up losing all your money!
The problem is many people are seeing trading as an easy way to make big money and coming in trading with zero knowledge which is obviously mistake.
1. You must have a good understanding of the market if you wanna earn stably. Yes some can earn without any knowledge but it's just a luck and it can't happen always for sure!
2. Never rush to earn big money! Making decisions in rush usually leads to loses.
3. Always have money and risk managements! (Any professional would say the same)
4. have your strategy of trading rather than just relying on internet rumors.
So to sum up, it takes some time and patience to start earning stably and avoid unnecessary losses.   

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