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Author Topic: Many new traders are playing to lose  (Read 1890 times)
vanimis
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August 25, 2019, 12:00:11 PM
 #141

Yep, I have. And that's why I am sharing the experience

And how have you been choosing the equipment? From my point of view, one of the most fundamental questions
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August 25, 2019, 12:18:13 PM
 #142

And how have you been choosing the equipment? From my point of view, one of the most fundamental questions

I was choosing on Globemining com - have a look at what the guys are offering. Truly wide range of different devices, so you will indeed find the one that suits you the best
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August 25, 2019, 12:19:37 PM
 #143

I was choosing on Globemining com - have a look at what the guys are offering. Truly wide range of different devices, so you will indeed find the one that suits you the best

Thanks a lot for your recommendation, will have a look at it shortly!
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August 25, 2019, 12:33:55 PM
 #144

New traders are playing to lose because the amateur traders fail to learn and practice first to gain the required expertise before starting their crypto trading. Cryptocurrency trading is a whole profession which cannot be entered without any knowledge on how it works. The fact it, it goes beyond the normal principle of buy low and sell high.

A trader must be able and observant to see market conditions, so they can decide whether to buy or sell, and this is where the expertise in analyzing coin price movements are needed, by analyzing market movements, of course traders can minimize their losses and even today many telegram channels that provide information about cryptocurrency analysis now, and I think you can join by paying a little money to them.

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August 26, 2019, 03:19:53 AM
 #145

New traders are playing to lose because the amateur traders fail to learn and practice first to gain the required expertise before starting their crypto trading. Cryptocurrency trading is a whole profession which cannot be entered without any knowledge on how it works. The fact it, it goes beyond the normal principle of buy low and sell high.

A trader must be able and observant to see market conditions, so they can decide whether to buy or sell, and this is where the expertise in analyzing coin price movements are needed, by analyzing market movements, of course traders can minimize their losses and even today many telegram channels that provide information about cryptocurrency analysis now, and I think you can join by paying a little money to them.
Thanks for the add up and I think every reader will appreciate it if you could post some links to authentic telegram groups or channels where lessons on how to become effective cryptocurrency trader are shared. Because knowledge is very important if a trader intends to have a successful trading experience.
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September 02, 2019, 06:57:23 AM
 #146

He should trading as trader, not a gambler. I mean, we should calculate the price movements of the coin before we buy them.
If we know the coin price is on the bottom, we can buy the coin to trade it and have more chance to sell it higher later.
And i wonder why your friend didn't sell the coin before it goes too low, trader should be able to cut the loss before it worsening.

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September 02, 2019, 07:04:54 AM
 #147

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.
Lack of adequate trading knowledge leads to painful losses and that's what happened to your friend. Trading is only meant for those who have taken time to study everything about it and not those who gambles with it. An expert trader takes time to study a coin before trading and not jumping from one coin to another without good analysis. Advice your friend and direct him accordingly so he don't end up making same mistake in the future.
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September 02, 2019, 08:20:39 AM
 #148

Most new traders just want to make a profit without thinking about strategies that must be used and careful analysis. analysis in terms of trading is very important to get profit. therefore many traders lose because they don't think about analysis and strategy.

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September 02, 2019, 08:26:53 AM
 #149

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.

Why what's the difference of 100 and a 1000 budget for trading? Even a trader doesn't have much spare money to use in trading I dont think it can be a reason of losing in the market it is just an alibi of not having a good experience in trading in the market. I know some good trader even started in a small then making it huge by means of technique and patience. What other people need is mot importantly is skill and patience. If they dont have these then this kind of business isn't for them.
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September 02, 2019, 09:13:13 AM
 #150

Your friend is just gambling and his strategy is really ineffective. He really needs guidance and inspiration now.
and so I think you should be taught by someone who is good at trading signals.

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September 02, 2019, 09:14:57 AM
 #151

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.

If you have only $ 100 and you are new to trading, then in no case do you need to spend them on trading one pair of coins. Break this amount into dozens of pairs, or set aside some of the money in reserve. If you do not know how to trade, it is better to learn how to do it with small amounts of money.

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September 02, 2019, 09:19:53 AM
 #152

lack of knowledge that makes them lose in trading, in trading requires knowledge, how to analyze the market, determine coins and also see price charts. if a new trader does not have the skills of course very risky if you directly take part in it.
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September 03, 2019, 07:21:04 AM
 #153

new traders do not have mature knowledge and they think trading will benefit quickly, even though it's not as easy as they think. in my opinion trading requires mature knowledge and patience in observing price charts. although it is very risky but also profitable if you win in trading.
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September 03, 2019, 10:04:18 AM
 #154

Learning to trade without loss for the new day is very difficult. If you do, then the illusion of capital is created. I think we should get down to trade by studying.

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September 03, 2019, 10:29:20 AM
 #155

Trading might appear to to be the easy way to make it but trust me it very demanding and entails a lot. Not only the financial stability you have to gain before start but also  the whole process, technical and time involve.

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September 03, 2019, 10:32:54 AM
 #156

When you are new and entered into the crypto trading business to make a quick buck, please keep in mind you can't do this. There is a high risk of losing funds in trading specially when you try getting rich. Better learn things first, start with a small amount like $10/$20 to get knowledge of how thing works. get tips from pro traders but not a shiller. Trade only in reliable exchange and with a popular currency like BTC, USDT, ETH. This will cut off your chance of losing funds.
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September 03, 2019, 11:42:40 AM
 #157

Learning to trade without loss for the new day is very difficult. If you do, then the illusion of capital is created. I think we should get down to trade by studying.
trading without losses is impossible. the market cannot always give only profitable trades. sometimes it will knock out your stop loss and you will lose a little, but that's fine


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September 03, 2019, 11:56:26 AM
 #158

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.
No one wants to trade at a loss. It seems to me that your friend simply does not have experience in trading. Newbies often lose their balance and this is normal.


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September 03, 2019, 12:46:35 PM
Last edit: February 21, 2022, 07:39:49 PM by ||bit
 #159

It is very normal actually.Trade is very hard thing to do and even experienced traders having tough times from time to time. Inexperienced traders would rekt.Mostly new traders was forced to lose some money. They have to considered it as a profit in knowledge and loss in money alone.Once you learn with the loss, your mind will not forgot the things.Once you learn trading full, it will gives you 100 percentage profit for your investments.
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September 03, 2019, 12:50:36 PM
 #160

As a beginner, they have emotions that cannot be controlled. They buy coins but do not pay attention to market conditions. At least they did a review by looking at the movements of some exchanges like Binance.

As a beginner, they are too easy to lose money. But we also give appreciation because they are interested in trading. This is crypto need to thrive and can attract more investors.

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