jackg (OP)
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https://bit.ly/387FXHi lightning theory
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April 07, 2019, 01:02:36 PM |
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Whenever I trade and make a profit, does someone else lose?
For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.
My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.
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YuginKadoya
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April 07, 2019, 01:42:38 PM |
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A loss is part of the human experience, We can not say that if you win in trading there would surely be someone that is gonna loss but I really think that this is not of your fault or just a coincidental thing, I think that in trading in will include all of your research and waiting that you will surely win in it, but if this is about gambling then I think that if there are people that are winning then there are people that are also winning the edge will surely random pick it and it will all base on luck,
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therhslv
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April 07, 2019, 01:44:41 PM |
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Ofcourse , thats how it works . Lets say you Long Bitcoin with 100k USD and bitcoin doubles . Where do you think you will get that other part of 100k USD ? The ones that shorted bitcoin and lost because of the BTC value went up double . Exchange just keeps like 1% of the sum .
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Adriano2010
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April 07, 2019, 05:25:51 PM |
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Maybe yes, or maybe no, if you sell your LTC let say for 0.02 btc and you buy it before for 0.01 btc, you have a profit or 0.01 btc and who buy your LTC pay 0.02 BTC and who buy it wait and sell after LTC grow to 0.025 BTC he make a profit of 0.005 BTC and no one lose on this case.
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livingfree
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April 07, 2019, 05:27:18 PM |
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but I really think that this is not of your fault or just a coincidental thing It is part of trading, it's not our problem if others are losing in trading that's the nature of it. We are aware that some are panic selling and cutting losses so it's really a very normal thing when someone is trading not just for crypto's but also in stock markets. We feel sorry for those who trade at a very wrong timing but that's how life goes. Did the first traders did even thought about this before? I don't think so. |
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exstasie
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April 07, 2019, 06:11:00 PM |
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Whenever I trade and make a profit, does someone else lose?
For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.
My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Short answer: on average, in long term ranging markets (which is probably most markets), yes. Winners are taking their profits from losers. Long answer: it depends. Take Bitcoin or the S&P 500 for example. These markets since their launch have always trended upwards. That means on average, every buyer is able to sell higher. But it all boils down each trader's cost basis and when he actually decides to sell. Even if you sell the top and someone else buys the top, he may be able to sell higher if he holds long enough. |
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gentlemand
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Welt Am Draht
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April 07, 2019, 06:23:57 PM |
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I don't care who's on the other end of a trade. If it's going to mean there's no insulin for Junior then they shouldn't be there.
For all I know the alt I buy for $10 from someone might have been mined by them for 1c in electricity years back. If I sell it for $50 a few weeks later then the buyer may be able to sell it for $100 the next day or $1000 in a year or two.
It's an endless game of musical chairs and everyone's risk is their own problem.
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n0ne
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April 07, 2019, 06:38:55 PM |
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This is how the trade keeps on moving. If everyone wins, then this isn't trading. Only through this process exchanges can profit apart from the trading fee. When a trade is marked successful one gets the asset for a specific value and another person sells the same for specific price. Here I don't mention it a win or loss, because both have different perspective on profiting through the same asset.
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Theb
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April 07, 2019, 07:39:29 PM |
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Just my opinion and way of thinking the answer is it depends and you really have no way of telling it. Remember that the sellers are the one putting up the asking price and they dictate what price they will sell their cryptocurrencies for, if they are selling below the price they have bought it then they'll definitely lose money but if they are selling above the price they have bought it then he didn't lose at all. The same thing can be said when you are on the selling side, you cannot really tell what happens next after the buyer have matched your offer. Even if you see it fall right after you sell you can really never know if the ones who bought your crypto have cut their losses, have somehow profited, or even have hodled it to sell in the future when prices are higher.
The thing is you don't need to think what has happened to the one who have matched your offer with as they are the ones who will dictate if they will win or lose in the market, this isn't really a someone wins while the other one loses scenario.
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olumyd
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April 07, 2019, 07:43:26 PM |
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The thing with trading cryptocurrency or digital assets trading and maybe every other type of trade is trading like a cycle and circle. You think someone's losing, he waits a little while and profits too... And if the next person is as smart as the system they'll keep it going, however, if someone gets greedy or cocky then they hit a rock.
So the real answer is obvious someone becomes a loser at some point.
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BitHodler
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April 07, 2019, 07:46:32 PM |
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People who invested for the long run have always had an opportunity to sell higher, but it all comes down to patience. In most cases people here are very short term minded, so they tend to lose more than they make profit.
I have been accumulating coins between the $6000-$7000 mark, which technically means that those who I bought the coins from did a better job than me due to my paper losses, but I don't sell anything so I don't lose.
If you also add that I accumulated coins well under the $4000 mark, my average buying price came down significantly, which means that I don't need $6000 levels to break even on paper. Again, patience is everything.
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BSV is not the real Bcash. Bcash is the real Bcash.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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April 07, 2019, 08:37:41 PM |
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There are always winners & losers in life jackg, man. You have to grow a thick skin & not give a shit.
Try & make sure that you’re always coming out as the winner & that relates to everything else not just crypto.
Tip - HODL your bitcoin’s for another 2-3 years & you’ll be a very wealthy man. Only losers are selling in bulk now.
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Bitmagister
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April 07, 2019, 08:48:48 PM |
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Although the logical answer seems to be yes, that someone loses so that you win, this is very relative if we only refer to the cryptocurrencies themselves, without taking into account their value in fiat, because what is really done in an exchange is the exchange of something that you have with someone who wants to possess what you offer. If you offer a bitcoin and you agree that someone exchange it for 10 ethers, everyone got what they wanted through a conscious and voluntary exchange. If at the time of exchange that cryptos for cash there is a noticeable difference, that is independent of the action itself of the exchange made.
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TalkStar
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April 07, 2019, 09:40:28 PM |
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Trading method has build up with this strategy and we can't do anything with that mate. its a system where one make smart profits and another person lose from his side. Buyer and sellers are the most important factor of trading. The thing which makes the difference is the knowledge of trading. As much as you have experience about crypto trading as much as possibilities you got to win.
Every buyer and seller apply their own tricks to be successful on their trade. I think its not a matter of winning or losing. Its a matter of applying great strategies where winners always get his reward for his best strategy.
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Oceat
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April 07, 2019, 10:26:55 PM |
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Of course, someone should have to win and someone should have to lose but don't just think it badly since both of you are in that field since trading is just like gambling. Both of you accepts the risk of winning and losing it's the nature of a cycle, so in order to get what you want you must have to give it first.
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3996
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mrdeposit
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April 08, 2019, 12:02:36 AM |
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If the price does not always increase, the loser is absolute. Maybe the trader who sold you got it from lower price, but its equivalent was in the past. That is the rule of trade and there is no escape from it.
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mikeywith
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be constructive or S.T.F.U
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April 08, 2019, 01:13:53 AM |
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Whenever I trade and make a profit, does someone else lose?
yes, if not then where does the money (profit) come from? someone has to pay for it. it might not be a direct form of losing money,it could be a profit left on the table which the other person/s left for you. it's a bit hard to break down but just remember that every cent of profit you make is someone else's loss. |
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Ararbermas
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April 08, 2019, 02:22:07 AM |
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For me no because it's part of the game which you will win only if you have certain coin to trade and you will experience lose as well unless if you trade on uncertain coin. It's not a battle actually and its not about how lucky you are which is its all about how you play and your strategy to handle the situation.
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Pursuer
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Where is my ring of blades...
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April 08, 2019, 06:28:01 AM |
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first of all "win or lose" is not a one time, one order thing. it is a long term thing that is the aggregate of all the actions you have ever taken or in the market all the orders you have executed. so you may lose money in one trade but make a lot in the other or vice versa. for example that is how a lot of newbies lost a lot of money (upto 90% of their investment) during past 2 years just because they thought they were "winning" because of a couple of shots in the dark that gave them profit during 2017.
secondly, the market is so much more complicated than that. for example imagine price that is rising from $3000 to $4000. if I buy at $3000 and sell at $3500 to you whom will sell at $4000 we have both made profit and there is no "loser" here.
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Only Bitcoin
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freedomgo
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April 08, 2019, 07:35:54 AM |
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Someone would lose if the market is not good.
The pump and dump is a classic example where a trader might loss his money, those who are smart can do it with timing but those
who got hype only might end up a bag holder. That's my example and I have experience of this in the early stage.
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