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Author Topic: Leave crypto trading in lost condition is not an option.  (Read 526 times)
hulla
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March 11, 2020, 09:14:37 AM
 #41

Some people keep try get income using crypto trading method but always fail. They wasting everything ( money, energy, time, etc ) into something that might be just dream ( profit ). There's time when I give advice to try another way but they always refuse. For them there's no other choice, leave crypto trading forever in lost condition is not an option must take the fund back. The question is why convince people to leave crypto trading for their own good is really hard?. I'm not laughing when people get lost in trading but there's limit shouldn't pass, so please don't misunderstanding.
First of all, crypto trading (especially day trading) is not for everybody and leaving crypto trading while try another means of crypto investment like long term holding could be the right option.
With that been said, learning from one's previous is always the right decision.

I like the idea of using crypto as the long term investment if he cannot get any profit with the short term trade. He can use another thing to make money than to expecting to make money from crypto. I believe that he will have another opportunity to make money in other fields because perhaps, he will use his skill in the right fields.

Selecting to leave crypto trading in lost condition will be an option as long as he doesn't sell all of his coins at a low price because he will not have a chance to make a profit when the price increase back. I think he can leave crypto trading for a while with the coins insides his own wallet and don't keep the coin in the exchange's wallet, so he doesn't have to worry from the bad things that can happen, while he can also search for another thing to make money.
I gave an unquestionably yes to your statement because no matter how good someone is if such person allow fear and greed to take over him such person has already lost the battle before it begin.
 With that been said, i never believe every crypto traders and investors can totally make lose if he didn't panic sell and hold his coins till when it halving while he also strategist best means that's good for his knowledge

.
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March 11, 2020, 01:26:01 PM
 #42

Failures in trading is just a way to become better trader. If you fail today, try again and build more knowledge, try other strategy and look for the previous mistakes. Why do we have to advice them to leave crypto when they can continue with what they are doing. There are so many types of trader and many ways to compensate their loses in trading.
 
 But, there is also a time to quit. When circumstances is that you keep on losing and losing without improvements in trading. It's like a gamble that we tend to lose and to win. So if it is not healthy anymore, why not consider other way to earn through cryptocurrency?
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March 11, 2020, 02:01:07 PM
 #43

Losing money is normal in trading but if you quit because of this, then you are not meant to become a trader. As a trader you must know the risk, and accept that you fail on your trades and start thinking for another strategy again. Yes, the volatility is getting higher but on this kind of market, good trader always make money on their long trades.

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March 11, 2020, 07:06:18 PM
 #44

There is nothing we can do to convince them to stay, because they have chosen their own way to go and even though we can convince them to stay, at least we have to give a guarantee of making a profit but unfortunately, it will be difficult to do because even finding a way to produce a good profit it takes time and not everyone will be willing to go through a long process.

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March 12, 2020, 05:10:24 AM
 #45

As a long time trader, I didn't intend to leave crypto trading, but I've experience to give myself a vacation in trading because for me when I don't give myself a little vacation the loss of my assets is getting bigger and it really difficult to recovered all my loss assets. Many stupid traders are just playing crypto repeatedly to earned and recover their loss assets but it was a stupid action, because your like a soldier that was attacking a war that doesn't have any enough equipment so that you doesn't have an ability to fight for. In related in trading you just need to get rest and think for the next back up, in getting rest you will produced new strategies that you will used it for the next trading that was called REVENGE.

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March 12, 2020, 07:06:04 AM
 #46

Some people keep try get income using crypto trading method but always fail. They wasting everything ( money, energy, time, etc ) into something that might be just dream ( profit ). There's time when I give advice to try another way but they always refuse. For them there's no other choice, leave crypto trading forever in lost condition is not an option must take the fund back. The question is why convince people to leave crypto trading for their own good is really hard?. I'm not laughing when people get lost in trading but there's limit shouldn't pass, so please don't misunderstanding.
First of all, crypto trading (especially day trading) is not for everybody and leaving crypto trading while try another means of crypto investment like long term holding could be the right option.
With that been said, learning from one's previous is always the right decision.

I like the idea of using crypto as the long term investment if he cannot get any profit with the short term trade. He can use another thing to make money than to expecting to make money from crypto. I believe that he will have another opportunity to make money in other fields because perhaps, he will use his skill in the right fields.

Selecting to leave crypto trading in lost condition will be an option as long as he doesn't sell all of his coins at a low price because he will not have a chance to make a profit when the price increase back. I think he can leave crypto trading for a while with the coins insides his own wallet and don't keep the coin in the exchange's wallet, so he doesn't have to worry from the bad things that can happen, while he can also search for another thing to make money.
I gave an unquestionably yes to your statement because no matter how good someone is if such person allow fear and greed to take over him such person has already lost the battle before it begin.
 With that been said, i never believe every crypto traders and investors can totally make lose if he didn't panic sell and hold his coins till when it halving while he also strategist best means that's good for his knowledge

During hard times, giving up is never an option but to become more inspired and determined to stand again. If you stop trading, you will never get back the money you loss and that's not how trading works. Every time you fail in trading, every time you loss a certain amount of money, there comes a new lesson you need to learn. Most of the people who loss their money, give up. You need to understand that in order to become a good trader, you need to experience ups and downs in trading. You need to become more firm and strong during downfall, and you're the only one who can help yourself to end that suffering. By that, you can now think of an effective strategies, plans that will benefit your account to become more successful in trading.

Always remember the no. 1 rule in trading, never give up and learning is an active process.

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March 13, 2020, 01:04:40 PM
 #47

There is nothing we can do to convince them to stay, because they have chosen their own way to go and even though we can convince them to stay, at least we have to give a guarantee of making a profit but unfortunately, it will be difficult to do because even finding a way to produce a good profit it takes time and not everyone will be willing to go through a long process.

One thing is sure, learning process can be long and hard! But the ones who go through difficult times can reap rewards in the end. Here is about gambling, but every other job require some sacrifice, for everything you need to learn first and every school cost money, more or less, depending on many things.
People should give it a try, more than once, and in more ways, before they quit. Quitting is an option but after you tried everything and you saw that trading, or any other thing, is not for you!

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March 14, 2020, 11:02:00 AM
 #48

When you are in tough situation and have to sell that is understandable. However when considering bitcoin is dropping the mining in half soon and the inflation of bitcoin going down in millions of dollars per day and all the inflation of dollar and other fiat considered, in the long term bitcoin is something that will make you profit very easily.

However, when you get scared and think that bitcoin is going down and you will lose money so that is why you end up selling your crypto, that is a weak move, you can't just get scared from a fall and get out of crypto all together, you have to stay in and wait for it to go back up otherwise you are not going to get something major out of this, the best case you will end up as a person who got hyped and lost money.

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March 19, 2020, 04:33:57 PM
 #49

Some people keep try get income using crypto trading method but always fail. They wasting everything ( money, energy, time, etc ) into something that might be just dream ( profit ). There's time when I give advice to try another way but they always refuse. For them there's no other choice, leave crypto trading forever in lost condition is not an option must take the fund back. The question is why convince people to leave crypto trading for their own good is really hard?. I'm not laughing when people get lost in trading but there's limit shouldn't pass, so please don't misunderstanding.
You shouldn’t be stressing yourself when you meet such people. It’s their choice, if they decide to keep risking their money and losing it, then it’s their choice and if they end up losing every money they have they will still be the ones to bear the consequences and not you. Such people are just being foolish, trading is not something that should be considered as a primary job. Anyone who is into trading should have something else that they are doing, another source of income.

If you work in an office you can still get extra time to trade a day. As someone with a job you’re sure that by the end of the month you will have some money paid into your account and if you happened to lose some money in trading , you will be able to recover it back.

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March 19, 2020, 05:27:27 PM
 #50

It depends, if you are struggling to make profits from crypto trading even after tried your best then its wise to move to other things and take the remaining capital you have because its better than losing everything.In reality if a trader is struggling to make profits then he can try to be a holder so he can assure profits but it will take longer time.
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March 19, 2020, 05:57:34 PM
 #51

How to understand that the limit has been reached? You offer to surrender to those who are tired and thinks that he is not ready.
But the truth is that the one who does not give up always wins. Those traders who have gone through all the difficulties and hardships of trading are tempered and become sharks in this area.

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KrisAlex18
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March 20, 2020, 08:03:58 AM
 #52

Well, if a person is always losing its money on trading, they will leave it to prevent from being lost, well, that is normal we all do not want to get lost of our money, but leaving it is not really an option, yes you may leave it for a while, and do any research about it, because trading is not a simple thing, so if we don't have any knowledge about it, we will surely lost our money, so before trading you should have enough knowledge about the market and about the different cryptocurrency.

Do not worry of being lost because that is really normal especially if you are only a beginner on that thing, losing is part of the process, make it as your motivation so you may win on the next other day.
shoreno
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March 20, 2020, 08:37:17 AM
 #53

Well, if a person is always losing its money on trading, they will leave it to prevent from being lost, well, that is normal we all do not want to get lost of our money, but leaving it is not really an option, yes you may leave it for a while, and do any research about it, because trading is not a simple thing, so if we don't have any knowledge about it, we will surely lost our money, so before trading you should have enough knowledge about the market and about the different cryptocurrency.

Do not worry of being lost because that is really normal especially if you are only a beginner on that thing, losing is part of the process, make it as your motivation so you may win on the next other day.

if you only leave for a while or for temporary purpose then that is an option but if you leave or quit because you feel trading isnt for you then that is not an option but that is a decision  . loosing is normal yes your are right but when you loose more often then its not healthy anymore   .

your not happy with it so why will you still continue  ? what important is we find a hobby that will make us happy and also that can bring a fortune to us even not at all times but atleast you arent also loosing at all times   .
Ridwan Fauzi
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March 20, 2020, 01:18:12 PM
 #54

Trading is a place which is need patience, perseverance and workmanlike attitude. If you or everyone don't have any of them you will leave in any situation including in lose situation. At least when start trading you need to have a basic knowledge how to trade so as you will make your own evaluation when you have finished every trade you made.

For those who leave crypto trading in lose situation was because they didn't have any knowledge, more than that with volatility price character which owned by crypto currency will make them reluctant to come back again. For us maybe this sitaution is a chance to gain a lot of money shortly, like this time. Bitcoin price has been increasing for more then $1500 in one day, if you are a good trader you will get it in one day on this place.
bitgolden
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March 21, 2020, 12:47:13 PM
 #55

I doubt the people who give up are not the same people who make it a job. If you make this your investment and you are a trader I can understand because those people are having fun a bit, sure they are not "having fun" as in the gaming sense or whatever but it is not their job, it is not their only income, they are doing it so they could have some sort of either side income or some good investment for their future and all of that.

When we are talking about people who make this full time and this is their only income and they have no other money coming in, those people are a different type of animal, those people do close crypto in a losing position but they also do not allow it to go low as much as this. They make a stop loss and they get out very early.

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March 21, 2020, 02:16:55 PM
 #56

I doubt the people who give up are not the same people who make it a job. If you make this your investment and you are a trader I can understand because those people are having fun a bit, sure they are not "having fun" as in the gaming sense or whatever but it is not their job, it is not their only income, they are doing it so they could have some sort of either side income or some good investment for their future and all of that.

When we are talking about people who make this full time and this is their only income and they have no other money coming in, those people are a different type of animal, those people do close crypto in a losing position but they also do not allow it to go low as much as this. They make a stop loss and they get out very early.
The fact is that each person has his own nuances in the cryptocurrency market.  Personally, today I can receive a certain income only because I have enough free time to not only trade on the cryptocurrency market, but also participate in bounty companies, and they can use the funds for profitable investments.  But my friends who have real permanent work can not always devote enough time to cryptocurrencies.  Several people even left this activity, as incomes decreased and they decided to spend time on something else.  Nevertheless, mostly my friends remain investors in good promising projects and in certain highly rated cryptocurrencies.

#business #forextrader #bitcoinnews #invest
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March 21, 2020, 04:22:01 PM
 #57

Some people keep try get income using crypto trading method but always fail. They wasting everything ( money, energy, time, etc ) into something that might be just dream ( profit ). There's time when I give advice to try another way but they always refuse. For them there's no other choice, leave crypto trading forever in lost condition is not an option must take the fund back. The question is why convince people to leave crypto trading for their own good is really hard?. I'm not laughing when people get lost in trading but there's limit shouldn't pass, so please don't misunderstanding.
It is hard saying to ask someone who has lost a lot of money in trading to leave it. Most of the losing traders hardly listen or heed such an advice. They went to chase the market and recover their loss. This is not a right way to trading because trading with vengeance causes more losses. My advice is that traders should take a break off trading and reassess their trading plans whenever they suffer a losing streak.
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October 09, 2020, 06:59:08 AM
 #58

There are different types of trading. The most risky are the day trading. Because of greed and impatiece, some new traders like to do trade trading. They want to earn daily of which it is not like that. Trading has rules which should be followed with discipline. Assuming a trader that just started new and risked large amount of money on trading. Is that good or sound professional? No.
Day trading are for learning. Using small capital to start. If you get it and you make money in the first five trades you make, you can see it as an opportunity. But. If you lose, then, you can consider doing long term trade.
Some traders believe in luck and just enter a market without any analyses. Are they a good trader. Most of them lose money because they did not learn about trading very well before starting.
If you try day trading and you are not making profit, then, try long term trading. You will buy at a low price and sell at a high price. Not really easy to do also, but it is less risky than day trading.


You explained awesomely. Anyone can understand a lot from your post to be so clear.
And I agree with you. It is ludicrous to come to trade without market analysis. If the whole thing is left to fate, then what is the need to trade. Increase knowledge, loss of mind and skill should come in trading. Otherwise, there is no way but to give up crypto trading  Smiley

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October 09, 2020, 11:46:41 AM
 #59

Leaving crypto trading at a loss is not an option and you will lose a lot more. The main reason for losing is to make more profit after a short time of greed in which case they are later at risk. Try to move forward by correcting the wrong money without giving up crypto trading in case of loss. People learn something new from mistakes you need to learn trading rules signals and their techniques and if you can suffer the signals well the chances of losing will be much less.

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October 09, 2020, 01:41:51 PM
 #60

Leaving crypto trading at a loss is not an option and you will lose a lot more. The main reason for losing is to make more profit after a short time of greed in which case they are later at risk. Try to move forward by correcting the wrong money without giving up crypto trading in case of loss. People learn something new from mistakes you need to learn trading rules signals and their techniques and if you can suffer the signals well the chances of losing will be much less.


self-correcting is a great thing for future progress...
Leaving crypto at a loss and not coming back only makes you waste the great opportunities that may be created in the future. when you lose the wise thing you have to do is double-check whether your strategy is correct then come back with a new strategy and also more knowledge to pay for all losses and make a profit.



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