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Author Topic: trade makes me poor  (Read 3425 times)
Khuongcute2503
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August 08, 2019, 11:44:40 AM
 #361

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.
Exactly!! But it is only true when you do not have any knowledge about it. Have you ever questioned why there are always winners?

When you don't have tradecoin knowledge, it means gambling. But not really. If you want to win, you must learn carefully about chart analysis. The psychology of players and good information about the project is also important.
cryptonewbie
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August 08, 2019, 11:51:25 AM
 #362

Trade will only make you poor if you allow it. 2018 has taught me a serious lesson about holding for too long. I have now learned how to cut my losses whenever a coin I am trading is going down in price. You should employ similar techniques when you are trading so at least when you cut your losses you will not lose too much and thus, won't get poor

Jannyh
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August 08, 2019, 12:46:38 PM
 #363

I understand your plight, loosing such an amount within some days is  very painful . You need to understand the techniques involved in trading,before you venture into it else you keep lossing

bitladen
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August 08, 2019, 07:03:22 PM
 #364

I understand your plight, loosing such an amount within some days is  very painful . You need to understand the techniques involved in trading,before you venture into it else you keep lossing
Even if a person successfully trades, large market players can collapse their cryptocurrency asset in price. In the cryptocurrency market, the situation is now very difficult with Altcoins.

bright4mech
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August 08, 2019, 07:58:31 PM
 #365

Sorry for your loss, trading is a function gain and loss, hence, i think that show you experience and to improved more by applying new strategy on your trading, to overcome challenges. 
Pet240
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August 08, 2019, 08:27:35 PM
 #366

Trading is not for everyone, but you can still look for the aspect that you best fit in. You should be able to at least invest not just in one coin, but at least four, by dividing your investment capital on all those coins, to reduce your risk level. Traders have their ways to how they make gains.
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