Many new traders are playing to lose

[WalkerIVIV]

If your friend has used all of his amounts to get the coin at the high price and he has got the more probability to get lost too. It's not about how you can divide your amount into some partials amount to trade but a lot of consideration must be done in crypto just like the time, technical and fundamental analysis, demand and development progress.
It's not about how to divide your amount and invest it and it's about how you can predict accurate rate to take the buy position that will put yourself into the profit area

[Mahanton]

Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.

Trading can really be considered gambling if you don't know on what you are doing.You can lost up money as easy on short time.If you are trading like this way then its much better to play gambling instead.Trading shouldn't really be done on this way but as said this had been done by most newbies who do just jump to trade without even knowing on what they are doing but eventually your friend will realize that trading is much more worth to engage on when he do forseen the possibility of money making if its done well.

[BITDV]

sorry to say that your friend was greedy, and that's result for his greed (i dont mean to judge everyone). Before trade he should learn about technical analysis and fundamental analysis, and also money management, it will help your friend to minimize risk.  Trade is trade and gamble is gamble, dont trade with gamble. To make many profit it will take a time, sometimes i'm not open position for trade for a week or even two weeks, just because my analysis is not good enough

[mirgo1791]

with use of customs as reference from technical competence on traders preparedness the work might gives as chance to returns with target to commit as the terms of manage with plan on investment.

[jazmuzika217]

Yes you are right many traders are playing for loss and not only newbies sometimes even you are already have lot of experienced on this activity they did not learn from their own experience or in their mistakes. For me we can avoid that. When we have enough knowledge before investing we are free from loss. And sometimes too much greed will drive us to loss.

[Nobita7999]

Your friend is playing like a 50% gambler wins 50% of the losing. When I play, I always put a stoploss to protect my capital. It's very important

[princerepon]

Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

I agree with you. Trading just not a game that you bet on it and win, it's more than that. Many newbies are actually don't understand that they'll lose their coin if they don't get idea how's trade works. If it's a easy way to earn money then many good and expert traders didn't spent their lot of time on it. If you win the race of trade you have learn how it works and you have wait for right time.

[Fredomago]

Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

I agree with you. Trading just not a game that you bet on it and win, it's more than that. Many newbies are actually don't understand that they'll lose their coin if they don't get idea how's trade works. If it's a easy way to earn money then many good and expert traders didn't spent their lot of time on it. If you win the race of trade you have learn how it works and you have wait for right time.

The very principle of this business is when you win someone loses their investment, it's a game of strategy and good plans, if you are new to this market better to find ways to understand it completely there's no going back once you lose your money, start studying and research all the tools that can helps you to lead out and be competitive, it's not a rush you can learn steps by steps process just be keen to enhance your skills, you need to have the right attitude and right overview of your system to be used while working around this business.

[Dpat]

Almost all of the new trader going loss while they are involving in the trading if we talk about the crypto trading. This because of their foolishness of assuming that  all the markets are same. As the crypt market is highly volatile and there is no certain guidance body of this market there are many manipulation are occurred by the market maker. On the another hand if wee truly say that the price behaviour is showed totally by the market demand and supply of that particular market. So, again this behaviour worked on only the top giant crypto coin or the token.

[Yasien Sayidiman]

Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.

yes , my friend have same experience. that's why we need to have risk management , don't over confidence and FOMO.
buy bitcoin when price cheap and hold for long term.

[maydna]

That is what will happen to people who don't want to learn more about trading. They just make a random buy without analyzing the market or just follow the other people suggest. Yes, that is happening to all traders, especially for the new people who want to start trading.

For people who are new in trading, and that person has much money, it is better to use little money first while learning more about trading. Try to make your first profit, then try to use medium money to trade and see how you can make another profit. If you can become familiar your way in trading, then you're good to go. But if it's not, then you need to back to use little money and learn more.

[Jonking]

as per newbies, I think they are excited to trade and earn from trading,.. but they don't know the risk that they are taking..maybe they know it but they just ignore.. after they lose blaming is there

[Kvalentine]

10$ or 50$ is really not much if your intention is to day trade and scalp some profit. Trading fees and withdrawal fee will wipe your profit. True, trading is more like gambling as there are no certainty reading the charts. you only improve your chances of profitable trade through study and experience

What im saying is if you have 100$ in your trading account dont use 50$ to trade because you will only have two chances to trade and if you lose all the 100$ will be gone but if you use 5$ you will have few chances to retry and even start learning how trading works.

[hongus]

This is a classic newbie mistake. It’s not that your friend doesn’t want to learn to trade. It's all about his character. Like poker, trading requires a cold mind and patience. Most novice traders and poker players lose their money because they do not know how to manage their bankroll (poker) budget. They go to the limits above, not leaving themselves the opportunity to recoup.

All he needs to do is learn how to manage his budget. And keep your emotions under control. Poker Face

[baigreen]

Personally, I do not climb into trading. I'm emotional too. Even the sale of coins from hunting causes a lot of emotions. Probably because I'm like your friend as soon as I start trading right away - money) I couldn’t beat it all.

[ansarose1]

Trading is not an easy money thing, it requires patience, hardwork and most of all you whould take the risk for being or losing money, sometimes you would gain profit in trading and sometimes not. However trading is risky especially when you are new to it or no experienced yet, its hard to have profit for the first time when you dont know how to begin trading. But it is normal to commit mistake on the first time as it may serve as an experience to improve more for the next time.

[MonsterV]

He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

For me it does not matter to trade what percentage of the total money we have, as long as you know how to analyze the market. I myself when trading is uncertain, when I see a very good market situation, I can bet up to 50% -100%, it is very risky but for me it is an opportunity.

The mistake new trader is not wanting to learn how the market works, they are new but want to jump right into the real market and finally they are confused when taking a position. Not only learning about the market but management and fundamentals are also very important, it will be useful to determine how many bets will be placed.

[xvids]

It is true as we could see there are so many new traders nowadays most of them are somewhat related or connected to some old traders,
I think they just got greedy or jump into trading because they saw some of their friends earn a good fortune from trading and they think they could also do it so they just jump into it without a proper knowledge.
Most of them doesn't even know the basics in trading doesn't know how to read charts .

[sangjoewara]

Your friend is playing like a 50% gambler wins 50% of the losing. When I play, I always put a stoploss to protect my capital. It's very important

That's right, when we trade, then the main capital must still be protected in order to avoid loss or loss in trading, because if we trade like gambling it will always lose and minimal victory, then protecting the main capital in trading is very important.

[Bananington]

Trading is not very complicated as purported by many, you just need to be good with your technical analysis and also trade with FA. Saying your friend lost all his bitcoin to trading sounds weird to me, didn't he/she set stop loss? Your friend should go back to the basics before indulging in trading.