Experience facilitates better understanding

[cytpoway121]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

[akram143]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

Not every altcoin holder basically have trust on their holding coins,they are doing it just for profits when they are failing to meet their intention then probably they will jump into better coins which is not bad strategy either but even for a trader its important to choose the right coins for trading by doing this you can reduce the huge dumps by whales.Whenever you are buying a coin for trading purpose two things we have to keep in mind that are wat is the goal price to sell and what is the maximum price to reach below from your purchased price.

[chennappa121]

I gained a lot of experience from my mistakes while crypto trading in early days because of my wrong choice and distinction. Now I will go with only top coins or tokens in crypto market and those should have good reputation in crypto world.

Practices investments is one of best way to make money good profits in crypto market and I will do regularly but I never sell in panic because you will feel very bad when it will bounce back again so better to hold long until you reach target.

[DarkDays]

The vast majority of traders simply jump into the market with little to no understanding of why the market is moving, how to anticipate its direction, when to cut your losses/take profits etc.

This is why most traders get completely rekt while trading, because they think they can just enter a game dominated by experts with absolutely no knowledge.

Automated trading bots and expert traders love uneducated fools entering the market and throwing their money away.

[mahilchii]

Honestly even I have learnt a lot of lessons. while trading on a coin you have to research multiple times, also it's always better to give prior on the top coins rather than going for a new one.

I request to the investors to have some knowledge before jumping on crypto without knowing anything, crypto is so risky and Very volatile so think about it and step into this.

[fvb]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

Trading experience certainly gives a great advantage.  I will not say that I am an experienced trader and have extensive trading experience, but time has shown that intuition has personally helped me many times.  This feeling has helped me many times and even brought real profit.

[ife2020]

I think its a basics in life. The more we learn, the more we get up from our mistakes the better we are

So either you are a Bounty hunter or a trader, or an investor, never forget your lessons, and be willing to learn more.

[leowonderful]

One of the worst things you can do in trading is trying to 'earn back' losses because what happens most of the time is your trading devolves into more or less gambling as you try to recoup your losses and you forget about risk management and other trading systems you might have in place to minimize losses.

If you lose money from a trade that's gone wrong, look back at what you were doing before, during and possibly after the trade. It's typically very easy to pick out your mistakes in hindsight, though it's harder to correct them for the future. It's okay to make mistakes as long as you're learning from them.

[Ashong Salonga]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

I totally agree with that. It is indeed that whenever an investment of your fail and the methods you have been using provides the same failed result, better think of another method on how you can regain your loss. Thinking of another method can be easily done by observing or taking into consideration the past mistakes your past method have and by those weaknesses, create a strong solution so that you can create better method that might lead you to success. Learning from our past experiences really teaches us on how we can easily react once the same thing happens once again so we already know what exactly we can do to avoid doing the same mistakes once again. Remember that getting into panic won't help you think wisely but might just create a distraction that can lead to impulsive decision. Experience let us have better understanding of everything so that we can easily create better solution for an existing problem.

[passwordnow]

I dont panic anymore when I see that my trades are losing. It is one of the lessons that I have learned and trading and by staying on crypto market. Despite how huge your losses or profits are but if you are nog responsible with your action, a beautiful situation might be come worse.
Another lesson, dont buy altcoins that you just felt FOMO because it is rising.

[adzino]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

True, experience does matter. When you are new and you make some loss during your trading, you shouldn't get disheartened. You should be at least glad that you got to try out something and gain some experience and understanding of the market. Keep on testing strategies with small capital. Don't expect to make profits during those stage. Think of the loss as a form of investment to learn something. Eventually you will get better at it and start making decent profit.

[Bonwin]

Experience is a teacher on its own. Your encounters of today or tomorrow can be traced to what happened in the past. Although, it is not how far, but how well. Can you just imagine that you could have someone who has been into trading for the past three tears and yet, he is still making hell of mistakes. It means he has not been able to learn from the mistakes he made.
Well, sometimes, the easiest way to trade, if you do not have much of the skill is to use grid trading bot. It involves some mechanisms, but it can also be very simple to initiate
There are sites that offer such services, but you will have to inquire if the exchange you trade on ahs been connected to it. That also goes with the coin you intend trading. With that, you can sleep back and be rest assured that your trade is ongoing, alongside profit-making.

[Hypnosis00]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

Indeed, the experience is a best teacher.
Of course, you can't just fully learn how trading works if you don't run on your own. Reading books, online tutorials are quite different from the actual scenario and you can apply the strategies that you have to get from the others and to see how effective it was.

[Kemarit]

Definitely, as you mature and gain the needed experience, then you can better understand how the system works. That's why I don't understand newbies who wanted to get a trading bot in the beginning. Because it wouldn't help them that much. It's better to go to this painful process of learning to really grasp what this is all about.

Of course you will loose money along the way, it's unavoidable, but at least you gain important lessons that can help you out in the future specially if you wanted to stay in the game longer.

[Kasabus]

Definitely, as you mature and gain the needed experience, then you can better understand how the system works. That's why I don't understand newbies who wanted to get a trading bot in the beginning. Because it wouldn't help them that much. It's better to go to this painful process of learning to really grasp what this is all about.

Of course you will loose money along the way, it's unavoidable, but at least you gain important lessons that can help you out in the future specially if you wanted to stay in the game longer.

It's normal to make loses and pains in the start because this will create positive motivation to understand the market better and perform well. Experience will always be the best teacher for all traders and investors because if you fail in the beginning, you will definitely learn from it and would be more eager to discover something new that will fit to your longings.

[jerrison]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Instead of panic investing to recover loss.

Remember experience facilitates better understanding

NB: basically my thoughts and practices method. How do you go about yours??

true advice. It is always the experience people gather from different areas of adventures that further advises them better on what to do and at what time to do it. investments in crypto trading should be strategically driven with sufficient knowledge on the strategy and pattern. i also learnt from same.

[Kotone]

I think for traders who has loses or altcoins investors with lower profits and more loses.

When your trade goes wrong; It is better to test and practice different methods and strategies over an extended period of time.

Of course if you loss a lot from trading, then revwnge by doing all or nothing thinking wouldnt be wise move. Remember there are lots of thing to do or might do to recover. Losing in trading doesnt really the end of the world. You just need to find or learn how to execute and apply it well so next time no more bloody bath.

[minairia3]

This isnt gambling and trading needs patience. If youre gonna after your losses and lose ability to focus then youre just going to lose continously.

Of course you will loose money along the way, it's unavoidable, but at least you gain important lessons that can help you out in the future specially if you wanted to stay in the game longer.

Yeah learn from it but its not good to always lose right? Gaining knowldge is there but if your leverage trading still not improving aftet that, maybe the problem isnt with the style but the volatility of market. Correct entry point still rekt. Sometime market is giving a false hope even though your on the right pattern.

[GreenStox]

I think what has happened certainly will not be the same as that which has not yet happened I mean the market is unpredictable the price will not be the same even if you look at the graph that has passed and try to apply it.
but at least it's better than not doing research at all.

[cytpoway121]

I think what has happened certainly will not be the same as that which has not yet happened I mean the market is unpredictable the price will not be the same even if you look at the graph that has passed and try to apply it.
but at least it's better than not doing research at all.

It is true that the market is not predictable and sometimes trade will go south.
But the more you trade, the more profits / loss you encrue. the basis is to learn from both the wins and losses. Apply the lessons to future trades, and get even further better.

but at least it's better than not doing research at all.

And remember, you must always do your research.