Many new traders are playing to lose

[trauchot]

That's right, of course you can start trading with a small amount to understand how everything works in cryptocurrency trading, but then to get a normal profit, you need to have a good amount for this, with which you can start trading and constantly reach new heights, but before that, of course, you need to get as much experience as possible in the trading field so as not to lose all your money and then you can already control the process of your trading.

[Metall303]

95% of investors lose money. So almost all of you have lost money playing this game. The problem is that you don't want to admit it because you don't want to wake up from your dream of "get rich quickly sitting on my sofa".

I think that now there are very few people left on the market who still believe that there can be profit from cryptocurrency. and these people deserve to be rich in the future because they believe

[FLHippy]

It is because people think that trading is easy, that it is a game like casino. But trading is not gambling, if you do not learn how to trade for atleast 2 years, don´t trade, you will 100% loose your money.

[leetcoiner]

It is because people think that trading is easy, that it is a game like casino. But trading is not gambling, if you do not learn how to trade for atleast 2 years, don´t trade, you will 100% loose your money.

According to statistics, new traders lose their money in 1 year, which is more than 70% of newcomers. I think that we need to learn to trade in small volumes. I started trading with $ 10,000 and lost $ 8,000 in 4 months.

[Akoldi_ibk]

This is a phase most new traders will probably pass through. A phase of noob, trying to proof smart with any trading strategy or knowledge. Most professional traders of today probably had been in this situation you just described. Some lessons are best learned by experience. Whoever is willing to give it what it takes won't be discouraged after losing first trades. Like you said, you can't rush trading, it requires patience and solid knowledge.

[Sebas.tian]

It is because people think that trading is easy, that it is a game like casino. But trading is not gambling........

Basically many thought of trading as gambling thereby getting the wrong lotion about the two. Trading is more of learning than gambling that is base on pure luck, as a gambler; one thing that I have understood from this industry is: gambling is more of a game of non-pro unlike trade. More reason why many run at loose in trade is purely because; they thought trade is like gambling that required no skills and techniques. Personally, I have been involved in the two and have gotten the needed experience in differentiating the two similar profession.

I heard on the news how many traders have been knocked down because of the downtrend of the current situation in cryptocurrency. Many thought trade is simple but haven't understand how technical and skillful a trader should be before embarking in trade. I have lost in my early days but later learn how to be a little pro.

[hashman]

Some people must lose, so others can win. It is the basic of the market. Transferring money of some people to other people.
So much people enter crypto market without any knowledge about crypto or stock markets.
No FA, No TA, No diversity, No risk management = REKT
By the way losers are not only new traders 😊
It’s what make crypto valuable, unpredictable sudden movements.
Many professional traders also REKT at these sudden movements.

[voltesbit777]

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.

Trading is not an easy things as you all know, and as a traders we have our own understanding about it. For others this like an investment that can able to help the investors to grow their capital, while to some it is gambling because you are risking your money, But for me trading is one of the methods to gain more knowledge to get profit. So meaning, to win or loss in trading is in our hands as a traders.

[TrevorS]

Personally, I have no idea how it is possible to trade without some initial training, without basic knowledge of technical analysis. There should always be a basis for trading, without it it is difficult to understand where you are in the moment, and what you should do next. I am for an adequate and rational approach to such things. First you need to learn the rules of the game and then play.
Even if you spend a lot of time on training, but thanks to this you will make much less mistakes, which means that even the first earnings will be much more stable.

[motun01]

The reality of trading cryptocurrencies is the most Traders are not actually bad Traders but the crypto market itself is very hostile and volatile for any Trader to be hugely successful from and this is because the currency market is highly unstable with thousands of cryptocurrencies trading against each other and the price movement can easily be affected by the news and what is in the media.
so a bad news from China or the USA can simply make all the prices of a good market day dump in an instant and Traders who were making profit will be beginning to lose everything
This is why I always recommend that for every trader should always take profit as you go along and don't invest your capital into the next rate

[jacafbiz]

The reality of trading cryptocurrencies is the most Traders are not actually bad Traders but the crypto market itself is very hostile and volatile for any Trader to be hugely successful from and this is because the currency market is highly unstable with thousands of cryptocurrencies trading against each other and the price movement can easily be affected by the news and what is in the media.
so a bad news from China or the USA can simply make all the prices of a good market day dump in an instant and Traders who were making profit will be beginning to lose everything
This is why I always recommend that for every trader should always take profit as you go along and don't invest your capital into the next rate

It is through volatility that a good trader makes profit, I can you expect the market not to move especially ina crypto market like this that we can witness 100% pump in price  in a single day. What is killing most people is lack of discipline, most chase their losses and resulted in more loss, I was in this class before until I started implementing stop loss, this is one of the most important thing to do when trading

[aces777]

Not intentionally, but some traders are really setting themselves on a part that will only but cause them to lose. Some are not even totally aware of the market system and are just into trading without proper indepth knowledge to trade. The market is quite unpredictable, but when you know your way through, you will be able to maneuver it to your own advantage.

[Samboo]

I want to suggest to traders especially newbies to learn trading skills before joining cryptocurrency and start trading. There are multiple best and effective ways to trade, which can be found on the internet. You can pick which skills you find comfortable with and start trading. I have also lost much funds to trading without knowledge. So acquire trading skills beforehand. 

[cutesgirl]

How come not for new trader if buying altcoin in higher price, they faced panic situation from an expert after show up how increase or higher price some altcoin, the new trader never think any more and buy it becaus ethey think could up again, but an expert trader take the moment to sell their altcoin but new trader buy it.

[retnoanjani]

I want to suggest to traders especially newbies to learn trading skills before joining cryptocurrency and start trading. There are multiple best and effective ways to trade, which can be found on the internet. You can pick which skills you find comfortable with and start trading. I have also lost much funds to trading without knowledge. So acquire trading skills beforehand. 

This is the most common mistake made by a newbie. Doing something without knowledge, without consideration, most are just trapped in hype and lure, most also want to earn money in an easy and fast way. Even if you want to get the best you have to understand the ecosystem first in-depth. Understand the risks, to determine appropriate precautions to reduce risk. Many techniques and indicators must be understood in trading, reading charts, determining the right timings, and reading news situations. It was all obtained not instantaneously. So make careful consideration and analysis before making a decision.

[Ten98]

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 think not only new traders experience losses or losses when trading, old traders also suffer losses if they cannot analyze the right time to buy and sell,if your friend loses $ 100 dollars enough to be an experience in his life, if he returns to trade my advice is to choose btc and eth, do not trade on coins that are not yet popular.

[jmigdlc99]

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.

So true, and I hope more people read and follow this advise.

I know of people who think just because they've read a book on trading they think they can take on people doing trading as their full time job. Remember that when you're trying to become a day trader you're going up against people who've been dedicating a lot of their time research, analyzing, and studying all there is available. If you're doing less than that then you're just gambling, trade at your own risk!

[Impaler]

Trading is one of the best way to make quick and large profit in this space. But the problem is if you have to be a professional. Otherwise you can lose all your money in trading. And the problem with new comers is that they think they can do it but after a time they end up with losing all thebminey.

[DeepChipolino]

I want to suggest to traders especially newbies to learn trading skills before joining cryptocurrency and start trading. There are multiple best and effective ways to trade, which can be found on the internet. You can pick which skills you find comfortable with and start trading. I have also lost much funds to trading without knowledge. So acquire tr3ading skills beforehand. 

This is the most common mistake made by a newbie. Doing something without knowledge, without consideration, most are just trapped in hype and lure, most also want to earn money in an easy and fast way. Even if you want to get the best you have to understand the ecosystem first in-depth. Understand the risks, to determine appropriate precautions to reduce risk. Many techniques and indicators must be understood in trading, reading charts, determining the right timings, and reading news situations. It was all obtained not instantaneously. So make careful consideration and analysis before making a decision.

   You mentioned the technical side of trading. Almost everyone can understand this. But there is a psychological aspect. And it is given to few. You can be a genius and understand everything that is necessary for successful trading, but trade at a loss.
   The property of being afraid or being greedy may be characteristic of a person. Each time, the trader should have enough internal strength not to succumb to his fear or greed. And these feelings can come with every trade. This is the most difficult in trading, IMHO.

[DevilSlayer]

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.

It is because new trader are only putting money and they didn't considering many factors such as fundamental and technical analysis.  I observed that most of the new traders are only doing speculation and that's  why they lose money.