Many new traders are playing to lose

[pandanaran]

they play to win but don't consider all the consequences, while in trade it's a very high risk. for example new traders who do not have extensive experience about trading and they plunged into it without the knowledge of which made them lose. if you want to trade, do it with little capital and also while learning various ways to trade in several sources.

[Sendi blackspade team]

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.

yes it is indeed very reasonable for crypto trading. especially for those who are just trading crypto assets, surely they will feel the difference from trading crypto with other assets.

in addition to ability traders should first learn about how to develop trading in market conditions that are not so good. but this way they will get valuable experience.

[PuertoLibre]

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

It is a game of whales and small fishes are the victim of an attack in this ocean. There is no enough power by the small group of traders in order to push market forward and back. The altcoins are investable but everyone should take care of the amount they intend to lose in the stormy days of the market.

[jostorres]

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.

Do we really have a pro trader, I can bet with you that most of the trader that you see place buy and sell order today don’t really study analysis or make use of any before they make trade, and they just look at the market and use their instinct to place order which has always been very wrong.

We only have very few people that knows how to make use of technical and fundamental analysis to really check a trade before they go into it, so I just look  at when  people complain of losing sometimes, and then I just shake my head for them because how can they not loose when they are just playing guess game, and gambling with their trade, which the op friend is honestly doing and never to be relied on by any trader who is willing to continue trading for long.

[Jenkins33]

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.

We all went through something similar. At one time, I also spent a lot of money learning how to trade. I bought one coin with all the money and traded it, bearing great risks of losing all my capital. It was only with experience that the idea came to me that it is much more reliable to divide your money into several parts and trade various coins.

[satriagedhe]

i think most of new traders are doing trade like gambling , buying without knowing anything and just hoping for price raise then lose xD

[hahay]

i think most of new traders are doing trade like gambling , buying without knowing anything and just hoping for price raise then lose xD

I don't think that's a problem because everything we've gone through in the beginning has failed and when we have had experience, we don't realize that we've experienced the same thing. So, it does not become a big problem if they lose at the beginning because it will all become a lesson that will make themselves better about this.

[suhadi88]

The beginning of 2019 market prices was difficult to predict. But if you do daily trades, I think you have a lot of advantages. As a beginner, it is better you should be able to play fast due to market conditions especially Bitcoin. If the price is high it will not last long and then definitely will go down. Conditions like this are better for live coins sold when already making a profit.

However, if you want a long-term investment, of course, it can. But you also have to be patient and not panic easily. Because in trading you should be able to make a profit and do not lose.

[mr_random]

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.

New traders are hasty to earn money before get knowledge and experience from old traders. The result is blatantly obvious, they are playing to lose, nevertheless, new traders are new traders, it is simple. It is not easy than expected. Step by step you will learn without knowledge it is so risky to trade. No pain no gain. If you decide the learning to trade, you must be patient.

[Yamifoud]

i think most of new traders are doing trade like gambling , buying without knowing anything and just hoping for price raise then lose xD

I don't think that's a problem because everything we've gone through in the beginning has failed and when we have had experience, we don't realize that we've experienced the same thing. So, it does not become a big problem if they lose at the beginning because it will all become a lesson that will make themselves better about this.

That's the way it should be but somehow many of them quit just because of the bad experience they have. They consider trading as a trial and error and mostly they think that trading will give them a big shot at first which is not. We'd like to see people become a successful trader but to ask them how many time they've lose...it probably countless of times. 

[Suharti12]

They are inexperienced, but they already want to get a big profit.  Whereas Cryptocurrency trading is not the same as other trades, where here we are required to know and have knowledge in Crypto trading.  We have a lot to learn, if we don't have that then we or the new traders will surely lose money.

[xOdiumNostrumx]

Well, naturally, I am not sure about the credibility of this statistic, but I have heard that 95% of so called "traders" are losing money in the long term, so to be one of the "winning" 5%, you cant take a half-baked approach to it.

[Jpti]

Trading is not something you can get in a short span of time. Traders jump into the crypto market by getting trading knowledge to ensure they may not experience loss. So we must learn about crypto knowledge before trading.

[Bitcoin Seller]

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.

95% of novice traders lose their first deposit. Cryptocurrency trading is a rather difficult task. The reason for this disappointing statistics is the poor preparation of beginners, who make the same mistakes. In a hurry, trying to make money on the cryptocurrency market, newcomers skip very important elements in trading - money management. So, they make a very serious mistake - they transfer all available funds to the trading account at once.

[sarmrakib]

Trading is not an easy way to earn .However a master trader always earn a lot from trading .He has a lot of strategy to go through and get profit always .I know something what they really follow .They are always being patience and not greedy always .They are strict on their strategy .A smart trader always try to cut their profit level a particular tp level .Most of the newbie trader lose their money cause they invest blindly and most of them are greedy as well .So that we have to learn many things before start trading .

[jozymens7]

Trading doesn't just start and end in a day. I remember when I used to trade in bitcoins, I could wait for days before I get my preferred movement and then to start and new trade. Do not use coins that are new on the market to trade because they might be too high to buy at that time and it will continue to drop after you buy so always trade in coins that are in the system for over 3 years and above. That's the little I can add to it.

[SirLancelot]

@OP
That has been the normal thing for most of these newbie traders. They don't really take the time to check out how trading works they just go straight and jump on the ship and expecting to make profits and at the end they will lose their money. Another problem that a lot of them have is that they don't even know that cryptocurrency has risk. They feel like cryptocurrency is a space where they can just walk in and invest their money and start making a lot of money as much as they want and when they are done they can just leave, lol. They don't know that there are risks and they are likely to lose their money while trading Bitcoin or any other cryptocurrency.

I have those that introduced them to blame. Some people will be telling others about Bitcoin and wouldn't explain property to them and let them know that there risks involved , rather they just let them know that cryptocurrency is for them to earn lots of money . When these newbies are joining they just have it in mind that they are just going to walk in and make lots of money but it's not like that.

I do trade for learn that which token is good for hold. As expert trading is profitable than short time hold. Long time hold is better than trading. In my extra time, I do trade even I lose 500 USD even more USD.

None is better than the other they are both the same thing and there really isn't any difference , it all depends on what you feel will work best for you. If you feel like long term will be the best option for you then you should go for it and if you feel like altcoins is better , then that's what you want.

[akungagal]

None is better than the other they are both the same thing and there really isn't any difference , it all depends on what you feel will work best for you. If you feel like long term will be the best option for you then you should go for it and if you feel like altcoins is better , then that's what you want.

that's right, it all depends on our own comfort and of course it also depends on our expertise in assessing market conditions and the latest news that supports it. so we don't need to compare the two, we have to do what we feel is convenient and beneficial for us.

[EdenHazard]

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.

New traders are hasty to earn money before get knowledge and experience from old traders. The result is blatantly obvious, they are playing to lose, nevertheless, new traders are new traders, it is simple. It is not easy than expected. Step by step you will learn without knowledge it is so risky to trade. No pain no gain. If you decide the learning to trade, you must be patient.

You beat me to it , the journey to become a successful trader won't happened overnight.. continue learning day by day , make a plan and making progress out of it.

Too much uneducated newcomers rushed to gain profit with zero effort , no wonder they are ended up losing the whole balance ... they deserved it all with their loser /gambler mentality.

[Christinebeauty]

The profit one can make from a $10 trading is too insignificant. Then it would be better not to trade. If you are trading, trade with courage, if you win, then you win big time, sameway if you lose, then you add up to your experience. There are two ways to every decision one makes in life