trade makes me poor

[Ararbermas]

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.

. Its your fault because you've trade in a wrong coin and you didn't even make a new strategy just to protect your capital.  There's a lot of ways and you stay even your coin while it gradually decreasing? In the first place you're doing mistakes mate because in fact switching to another coin is a good idea. Maybe you're a lazy trader. Lol

[Rikotin]

that's big capital! Next time be careful before trading. , make sure that you really have skills in this field, not just speculating like gambling. if you don't have skills in this field you will lose quickly

[Dpat]

If you trade like gambling then you must loss of your funds. In gambling also people making huge profit buy you loss that means you don't know even gambling nor the basic of trading. So, at first learn the trading strategy from different sources like the internet, YouTube tutorials and the most prominent is the academic learning.

[bering]

Lost $1000 in two hour i think that's was very bad statistics during trading but your fault is why not switch to other coins when you feel your initial coin won't give you profit anymore and as far i know in crypto stick to one coin only is not good however make this as your valuable experience that in the future this mistakes should not be repeated again

[thiscomm]

trade is not the same as gambling. why, because I think our trade can monitor the development of the goods we trade while in the world of gambling we only rely on one thing, that is luck in ourselves. trade must be clever in terms of taking opportunities in each market segment.

[Insomnia family]

Trading is different from gambling, your trade must have expertise in seeing price charts or coins that you trade. If you choose a coin or don't have the expertise to see a coin price chart, you will lose money quickly. I think gambling includes Luck, you don't need to have expertise in this field because you can easily speculate to determine your decision when playing gambling.

[Soots]

Really we sad for your loss, But do you know when trade does not depend on luck that means trading will always depend on your skills. In my opinion, you need to understand trading better and take more skills so you can make profit from trading.

Out mate needs legitimate trading education before managing trades essentially. His lost was a direct result of having deficient information towards exchanging. With the goal for him to practice himself before risking on huge amount, beginning with little amout of btc is the best alternatives to do. Given that situation, he won't become poor or loser if he's not aggressive on particular decision.

[semobo]

Trading is easy so you can make profits but its unpredictable so you might lose more as well so total profits will be based on how you manage your funds.If you want to quit after a loss then its just a loss only for you.

[Kezacky]

bad experience, why did it happen to you? with coins do you trade? Balance and make a good plan before making a decision to trade because trading is very risky if you don't have knowledge about trading, of course your money will disappear in an instant. make this an important lesson in your life and remember before you take part in the trade to make sure that the coins you trade have high trading volumes and also in large markets

[shoreno]

bad experience, why did it happen to you?

why will you ask if why it happen to him ? all of us did experience a bad experience  . not all time you can trade perfectly because not all times that market is in good condition   .

with coins do you trade? Balance and make a good plan before making a decision to trade because trading is very riskber before you take part in the trade to make sure that the coins you trade have high trading volumes

trading volume does not depend on the trader but it depends on what exchange he is using . binance is known to have a high trading volum and other dex exchange have a small trading volume  .

if trading makes us poor there is no reason to pursue it  . find other non risky way to earn money to live with  .

[Rooster101]

We all know that trading cryptocurrencies are the most risky and the fastest way to lose your fund or investment so it will you really poor if you're not prepared. Joining this of kind of trading is no joke so you need proper preparation like educating yourself first on how to trade rather than getting yourself into the tradingchart without knowing how to use it. Trading itself will not make you poor but its your ability to make a successful trade.

[xenomorphe1]

You need patience in trading and you need to analyze the price of your coin. If you put your money into a coin being pumped, the risk is bigger than trading with a stable coin as it can be dumped very fast.
You will need patience to recover your loss.

[jcarlo]

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.

Not everyone is suitable for trading in the cryptocurrency market. Trading requires patience and discipline in the planned strategy. If we don't have trading skills, I think it's better to invest for the long term, and this in my opinion is more relaxed and profitable

[Dreamchaser21]

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 stay on that coin and didn’t sell anything then its not trading, but if you do focus on one coin for the past 2hrs and yet losing money then you must stop doing that. Day trade is risky and yes investing is also a form of gambling but on a different perspective. Trading is only applicable to those who have enough knowledge, don’t try it if you don’t have it.

[pundit]

Gambling does not have any rule, it is based on probability only but trading has some rules which need to be followed. $1000 is a big amount to lose in 2hrs, I have experienced such defeat many times ( not of $1000 but $500, $300 but multiple times), the only reason I found was over-margin trading.
I was taking trades much much bigger than of my actual margin and a little downside was eating my account. One need to calculate the risk he can take in a single trade which must not be higher than 5% of the total amount. If trading is done with proper plan and rules chances of success become high, if trading is done w/o any rule and money management then its same as gambling.

[Sparroww]

choice the best coin for trading then it will be profitable.

[zzortyx]

I do not know any beginner who would not lose money in trading. Even relatively experienced traders lose money from time to time. No one is immune from this.

[BuxCoin]

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.

not only you even i lost but i didnt lose much i knew that i should not put more money when learning , when we lose obviously there will be negative things in our head as you told as trading is gambling yes it is and many make money in this too learn how to make money

[mr_random]

Really we sad for your loss, But do you know when trade does not depend on luck that means trading will always depend on your skills. In my opinion, you need to understand trading better and take more skills so you can make profit from trading.

Out mate needs legitimate trading education before managing trades essentially. His lost was a direct result of having deficient information towards exchanging. With the goal for him to practice himself before risking on huge amount, beginning with little amout of btc is the best alternatives to do. Given that situation, he won't become poor or loser if he's not aggressive on particular decision.

Education part will solve the problems caused by emotional and reckless trading. Winning huge amounts can be a source of motivation but it doesn't fully explain the main idea behind emotional trading. Getting the proper education will help @OP to manage the trading risks and control the bankroll ion the gambling too. Being aggressive is another shape of the emotional reaction in trading and it does not only happen to the gamblers, traders.

[arpon11]

I do not know any beginner who would not lose money in trading. Even relatively experienced traders lose money from time to time. No one is immune from this.

Been a professional or expert would not shade you from losing and you just need to understand that every traders do lose money and what actually differentiate professionals from the amateurs traders is how careful and patience when they are in the face of strong directions against their order and how they used it to their advantage is what put them in position to make profits.