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Author Topic: So traders, how much You lose?  (Read 2198 times)
ontrackk
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January 14, 2020, 12:32:42 PM
 #281

We should not make it our goal to earn money with you in trading, but instead we should make our target know. When we count even the single rupee we expected to earn but didn't earn it will make us mentally sick so it's better to keep our minds clear that losing and gaining are both part of life and learning should be our target so we don't make stupid mistakes. Then after some time you'd probably start making profit steadily.


 
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January 14, 2020, 01:53:55 PM
 #282

I do not lose more than planned. Use special services like Bitinsure.
Link for interested: https://www.bitinsure.com/

So I set the limit for day, trade, month etc and always comply with it in the service.
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January 14, 2020, 02:48:13 PM
 #283

As I see, the majority of traders loose because of poor risk management. IF you cannot manage risks you cannot earn in long-term, that's it. My personal recommendation is either to learn risk management. or use the software that will do risk management for you. Personally I use Bitinsure service to monitor all the risks and stats at several accounts.
Ive also lose a lot because of my poor management and because I did not sell my coin when it is the right time, I become greedy , I want more so I wait even more, then now it is my biggest regret of all time the coin that I am holding is now become one of the shitcoin in the market, and I am vey upset because of it, I wish that time I sell it so that I have a 1btc right now.

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January 14, 2020, 03:22:23 PM
 #284

I observed recently that meanwhile I have been making some gain in USD, I would had been better off just holding my bitcoin in my wallet since I lost some Satoshi in the process of trying to profit in USD. My last trade involved a capital of 0.25+ Satoshi but after trying to cashout I got around 0.23+ Satoshi. Based on the recent spike in bitcoin price, I made profit in USD although when comparing my investment capital with the current bitcoin price, I lost alot.

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January 14, 2020, 06:11:17 PM
 #285

Any trader (no matter, beginner or experienced) loses money. The only question is how many percent of the deposit. Experienced traders develop their strategy and limit risks during trading, while newcomers often neglect this rule.

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January 14, 2020, 09:07:11 PM
 #286

I am aware of the risks I take in trading and I know that my money in trading is not free because they can be lost really easily. I'm a sort of trader who doesn't put all the eggs in a basket so I'm good at managing the risk depending on different coins that are out there. Loss is inevitable, which means that even professional traders suffer losses. I also have losses, but it's only low because of my risk management where I don't go all in when I trade unless it's on bitcoin trades.

 
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January 15, 2020, 05:45:47 PM
 #287

If we talk about the losses of a trader, then first of all, beginners who learn to trade cryptocurrency have losses.  I am one of those people who are just starting to study this type of activity, but I already understand that the results of my work will primarily depend on the chosen strategy and on the study and understanding of the entire cryptocurrency market.  In addition, it is necessary to take into account the fact that each asset, that is, each cryptocurrency has its own characteristics and behavior in the cryptocurrency market, and therefore for each cryptocurrency you need to choose your own strategy.  In addition, beginners always need to listen to the professionals, and not try to draw conclusions themselves, since any erroneous actions threaten losses and other problems.

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