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Author Topic: trade makes me poor  (Read 3425 times)
UnbeatableHolder
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July 27, 2019, 09:09:53 AM
 #101

Trading is a real gambling bro. IMHO the best way to derive money from cryptomarket is basically to mine BTC or ETH. This is a safe option because you earn small amounts and the income is not so volatile. Moreover it is more like a passive income so you may sit and enjoy
Yeah, that's true hwver you must combine mining and trading anyway to know what currencies are better to… I am mining since 2017 and can say that without trading you can earn significantly less.
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July 27, 2019, 09:15:15 AM
 #102

Trading is much more different than gambling if you have the right tools and if you use your stop loss very widely, of ourse it's not everyday that you wilould make profit but in some days, you will lose and in other days, you gain, it just depends on the mood of the market.

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July 27, 2019, 09:20:39 AM
 #103

Trading is a real gambling bro. IMHO the best way to derive money from cryptomarket is basically to mine BTC or ETH. This is a safe option because you earn small amounts and the income is not so volatile. Moreover it is more like a passive income so you may sit and enjoy
Yeah, that's true hwver you must combine mining and trading anyway to know what currencies are better to… I am mining since 2017 and can say that without trading you can earn significantly less.
But not only on trading depends the outside cash, yes? Mining is all about equipment nowadays
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July 27, 2019, 09:21:08 AM
 #104

Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
Okay I have seen some people saying that trading is not for those who doesn't know anything about it… Okay that is the truth, but even with some experience and knowing how to trade, that still doesn't mean that you're not going to lose money in trading. Trading is very risky, and cryptocurrency trading seems to be more risky because you can't really predict anything.

You can read the charts as much as you want but at the end it's still going to be something else and not what you have predicted the price to be. That's why any trading platform you want to register would always tell you that there is high risk involved in it.

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July 27, 2019, 09:22:06 AM
 #105

I think the basis of your trade is incorrect. what kind of market situation you bought is not explained. it could be when the bullish trend you buy it then the dump happens and you keep holding it and hope the price will rise. this is what is called gambling


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UnbeatableHolder
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July 27, 2019, 09:22:52 AM
 #106

Trading is a real gambling bro. IMHO the best way to derive money from cryptomarket is basically to mine BTC or ETH. This is a safe option because you earn small amounts and the income is not so volatile. Moreover it is more like a passive income so you may sit and enjoy
Yeah, that's true hwver you must combine mining and trading anyway to know what currencies are better to… I am mining since 2017 and can say that without trading you can earn significantly less.
But not only on trading depends the outside cash, yes? Mining is all about equipment nowadays
yes, there are many crazy rigs like Z11 but I prefer mid class S17 antiminer you all must have heard of that
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July 27, 2019, 09:31:42 AM
 #107

Trading is a real gambling bro. IMHO the best way to derive money from cryptomarket is basically to mine BTC or ETH. This is a safe option because you earn small amounts and the income is not so volatile. Moreover it is more like a passive income so you may sit and enjoy
Yeah, that's true hwver you must combine mining and trading anyway to know what currencies are better to… I am mining since 2017 and can say that without trading you can earn significantly less.
But not only on trading depends the outside cash, yes? Mining is all about equipment nowadays
yes, there are many crazy rigs like Z11 but I prefer mid class S17 antiminer you all must have heard of that
Of course, I have previously owned such miner, unfortunately it broke up but that's my mistake
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July 27, 2019, 09:31:58 AM
 #108

Where did you bought it as it broke up so quickly? On ebay?
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July 27, 2019, 09:35:59 AM
 #109

The difference between trading and gambling is that you can trading is a skill and you can train it. The more time you invest in learning about how to trade, the better you are going to be. Anyway, trading contains very high risks and you should accept the rules of the game when you start.


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July 27, 2019, 09:42:28 AM
 #110

Where did you bought it as it broke up so quickly? On ebay?
Yes, there was a guy selling this rig being used with a half price. And you ? You get it all form other sources?
UnbeatableHolder
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July 27, 2019, 09:42:54 AM
 #111

I got my rigs from asicequipment com, as they are official registered resellers in US, not just a random guy selling used miners
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July 27, 2019, 09:53:30 AM
 #112

I got my rigs from asicequipment com, as they are official registered resellers in US, not just a random guy selling used miners
Sounds thrilling really, you must have purchased a guaranteed miner?
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July 27, 2019, 09:54:35 AM
 #113

I got my rigs from asicequipment com, as they are official registered resellers in US, not just a random guy selling used miners
Sounds thrilling really, you must have purchased a guaranteed miner?
Sure, that's why I prefer new equipment.
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July 27, 2019, 10:06:52 AM
 #114

I think if you can get the point of trading, you can prevent from getting lost so you could only get profit. Maybe you don't get the right time to buy and sell the coin so you cannot get the profit. But if you still try to get the low price and sell at a high price, I am sure you can make a profit. Maybe the profit is not bigger but trust me, if you can do that over and over, your profit will bigger too. You don't have to be sad if you cannot make more profit because your time will come to make those profit.

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July 27, 2019, 10:16:05 AM
 #115

Trading has nothing to do with gambling. If you can not control your emotions, then you should refrain from trading (at least until you rethink your approach to this occupation).
if we have no trading skills or maybe could not controll our emotion we should not start it.its about our money, that's impossible to bet our money in market without any skills and knowledge in market.we could loss easily .
Why quote my message? You do not engage in a dialogue(to debate) do not give an answer(because there was no question) but simply repeat my opinion in other words.
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July 27, 2019, 10:56:50 AM
 #116

In the trading market you are exposed to loss and profit, You will become poor if you are trading randomly. To avoid loss, you must choose a suitable currency, monitor it carefully and identify the time of purchase and sale, You should also be interested in technical analysis so you will become rich.
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July 27, 2019, 11:00:55 AM
 #117

Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.
If you refers to trading as a game of chance, then it becomes one. Any person who starts trading should first of all get the knowledge necessary for trading, which needs to be consolidated in practice (trading with small amounts), and this in turn will provide the necessary skills for the job. Being a trader is a constant, daily training. And if you are not ready for this, if you think that trading is just a game in which you are lucky or not, then you put yourself in a losing position in advance.


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July 27, 2019, 12:49:02 PM
 #118

i feel your sadness too  Cry, indeed trading looks like gambling but i think it's quite different.
it's only natural that you say something like that because you just lost your money quickly in just a matter of hours.

i also felt that, but i continued to study and continued to look for other opportunities to return my money.
indeed my money has not fully returned, but i also work as a hunter bounty, so i feel my money has returned even increased.

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July 27, 2019, 12:55:47 PM
 #119

Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.

Trade is a race estuary 24 hours. You should always be in good shape. Have a lot of information. It is literate to analyze the market and follow the trends. And while not all transactions are profitable. You've seen a lot of movies about volistr. One unsuccessful deal will ruin you. By this I do not trade. The only trades that I carry out are tokens from hunting. Or I multiply them or just sell them. For this, I have a strategy. And then I incur losses. What to say about trading every day.

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July 27, 2019, 01:00:19 PM
 #120

Are you frustrated when you experience defeat in trading? yes I experienced this ... I have lost $ 1000 dollars in the past 2 hours ... I did not switch with another coin and I just focused on the initial coin. but in fact I was still losing, in my opinion trading was not much different from gambling.

If you are just want to try day trading for the first time, then you need to use a liitle amount of funds to test it because if you fail with that little money then it's really a lost rather it's a lifetime experience.

Unlike using a huge amount of money just for a test to try your luck on trading that's an insane idea.

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