rajakulam
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May 16, 2020, 08:57:50 AM |
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Failure is a very valuable teacher, almost all traders experience failure and from that failure can learn so that it never happens again in the future, in my opinion, the key to trading is to take risks by analyzing the movements of the crypto market as well as possible, because without those two things we will continue to stand in place
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Jateng
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PredX - AI-Powered Prediction Market
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May 16, 2020, 02:31:31 PM |
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Failure can make you tough but if you see it in the wrong side it will lead you to nothing. Failure makes us knew that we don't prepared yet. You can change it to motivation, and it will lead you to success. Learning trade is frustrating especially if you start for losing and a lot of things you should need to learn. Different strategies and indicators. Many patterns and charts you should study them but if you consistently do it for everyday, it of hardwork will be paid after you learn from it.
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rastha
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May 16, 2020, 05:38:14 PM |
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The main reason forthe fail is greedy .. They have no target when they are trading .. Thats the main reason for the fail. and many of them are not reading the future of the coins..
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Desscount
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ComboLabs
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May 16, 2020, 05:47:11 PM |
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Failure is a very valuable teacher, almost all traders experience failure and from that failure can learn so that it never happens again in the future, in my opinion, the key to trading is to take risks by analyzing the movements of the crypto market as well as possible, because without those two things we will continue to stand in place
failure is indeed the best teacher, but whether it can be the key to success ?, if someone continues to fail, then the money to trade also lose, this is a danger, there must be knowledge first if you join to trade
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hushpupppy
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May 16, 2020, 07:50:29 PM |
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I agree with you, after learning the basics of trading, you must eradicate fear totally, or else you won't be a successful trader.
Overcoming fear is the quicker way to becoming a proper trader
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[ IQ ] cash ▐ THE MASTERNODES CRYPTOCURRENCY ████████████ [ https://iq.cash ] ████████████
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Vohoanghiep
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May 17, 2020, 04:22:52 AM |
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Experience is the best lesson and the problem with failure is if you used all the money you had on the first try. The reason for failure is greed. You need to be brave when you trade and for beginners, it's very likely they are hard to win your trade because they have to learn first.
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South Park
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May 17, 2020, 08:10:22 PM |
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Greed is the worst problem of trading and unfortunately, 5 percent of traders that succeed are only successful because 95 percent of others have failed to meet the right decision. It is almost impossible to be among those 5 percent ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Greed is without a doubt a problem but if it is was not for greed then you will not be investing in any market so it has its uses, to me the biggest problems are simply ignorance and laziness, people want to obtain huge profits out of this market but they want to do it without studying how to trade at all and they refuse to do so simply because they are lazy, and when you put all of those factors together then it is not difficult to understand why only 5% of the traders succeed on their goal to make money in the markets.
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HunterUnchained
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May 17, 2020, 10:02:38 PM |
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There is nothing that beats determination and practice. If you are really determine to learn trading or anything else, you will most likely succeed. To do this, you need to focus more on building yourself through lots of research, learning from the experiences of others and asking a lot of questions. This is the only way you can share in what they know and possibly replicate it. Finally, you need to participate fully in practicing what you have learnt. Exchanges like koinpro offers a good environment for demo account trading or a practice account. You can take Advantage of this and perfect your trading and all you have learnt.
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TitanGEL
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May 18, 2020, 12:10:37 AM |
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That is why when we failed, it is good if we will find the lesson from it because our failure will be a waste if we will not find any lesson from it. I'd love to fail that is why I am now consistently earning even if the cryptocurrency market is so volatile. Whenever I failed, I always telling myself that it is okay as long as there is a good scenario that will happen and it is the learning of new information.
If we failed in trading, treat is a opportunity to grow. Many traders are quitting whenever they fail, we should not become one of these traders because we will never regain our losses if we will do that.
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totoy4741
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May 18, 2020, 03:48:27 AM |
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Failure is is always part of process in order yo achieve success. At the start you have to face struggles, hard time, but along the ways with proper research and non-stop learning you will be able get thought all that and be able to be successful. You have always have to be patience, you don't successful in just one day, there is always a process and time.
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michellee
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May 18, 2020, 10:19:15 AM |
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Failure is is always part of process in order yo achieve success. At the start you have to face struggles, hard time, but along the ways with proper research and non-stop learning you will be able get thought all that and be able to be successful. You have always have to be patience, you don't successful in just one day, there is always a process and time.
The process is something that we need to get in anything that we want. We cannot expect to get the result in instantly because we need to pass day by day to feel the process. There will be a time for you to get successful someday, and that is because you can spend your time to enjoy the process, the learning process so that you can get success. You don't have to feel bored if somehow, you do the same thing every day because that is what you need to do to get success.
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BD Money365
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May 18, 2020, 11:28:27 AM |
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Bcoming a real and professional trader you need to learn technical analysis and than learn how to take losses. Exchange provide a stop loss option you need to know how to use it, i know many traders do not use stop losses and result in losing all their capital, we have to understand that we cannot secure every trade hence alongside with education how to trade we must additionally clean ourselve expressively to be a excel buyer .
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bearexin
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May 18, 2020, 04:55:25 PM |
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Do you wanna know how to trade briliiantly, then you cannot be afraid,
Traders Fail, Fail, and Fail again and again; but make sure that you learn to fail better, learn to fail in grand styles. Soon you will be be unable to fail because you have experienced what it looks like to fail, and why it happened that you fail.
Thats when you will start to consistently win; let away the fear, fail, embrace the failure by learning to be better; then you will enjoy every bits of trading.
Lol, seriously why would anyone be enjoying their failure, especially when it is trading that we are talking about here? Anyone who is trading and failing is losing money each time they fail, so why don't they take some time out to think over the reasons why they fail, instead of continuing with their failure and expecting that things get better? You should first start with learning how to manage your risks, and then you will be able to cut short your risk and the amount of money that you're losing. Then apart from that you should learn the strategies that are required for trading. Although I do know that there are constant risks in trading and anyone can lose, it's good that you develop a good strategy that is more likely to get you the wins.
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jahepahit
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May 18, 2020, 07:51:33 PM |
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trading in crypto is a fun trade, but has a great risk, so before doing so learn to understand well about how to trade in crypto. because if we lose we will experience a small loss. relaxed but serious
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kceekcee (OP)
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May 19, 2020, 07:19:57 PM |
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Everyone wants to learn how to trade. But the problem is that those who really know how to do this will not sell their knowledge. And those who think they know are happy to teach.
You have a very good point, but it is not a valid point, there are several guides to crypto currency trading on youtubes, and vimeos, and likewise introductory teachines on udemy. You must make sure to learn from trusted sources, and avoid fraudulent teachings equally, also learn that buying a trading guide does not lead too instant knowlegde, you also need to practice alot.
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Malam90
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May 21, 2020, 03:57:12 PM |
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Experience is the best asset to become a successful trader. At first, you can start trade with a small amount and try to research on that coin, research on other coin. You have to gather experience about cryptocurrencies, market price, market scenario, probability of profit and loss. After gathering experience, you can start trade on big amount. It needs courage and mind of taking risk of loss.
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kceekcee (OP)
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May 22, 2020, 07:15:54 PM |
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trading in crypto is a fun trade, but has a great risk, so before doing so learn to understand well about how to trade in crypto. because if we lose we will experience a small loss. relaxed but serious
Just as you mentioned it is fun and sweet Crypto currency trade requests us to improve our knowledge immensely if you are open to learning Always do your own research
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dentolas
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May 22, 2020, 07:30:42 PM |
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It is true that the best way to learn is through experience, but according to your OP, people will become either winners, or end up bankrupt ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) we can't ever forget that we are dealing with money! And people should only use the amount they can afford to loose... but it is also true that presistence is the key to many things... just have to be wise while trading
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pandanaran
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May 22, 2020, 07:49:48 PM |
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in any case you must always be prepared to accept every risk including trading or investing in the crypto market. as we know that taking part in crypto is high risk, if you are a trader you must have a good strategy and don't be afraid of failure.
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Odebowa
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May 22, 2020, 10:42:29 PM |
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However, less active or fledgling cryptocurrencies may have limited trading opportunities, which could mean fewer buyers when it’s time to sell. Beginning traders who don’t wish to be overwhelmed by options can consider focusing their initial trading on some of the leading types of cryptocurrencies to help ensure trading into an active market:
Bitcoin (BTC) Ethereum (ETH) Bitcoin currently represents 38% of the market and Ethereum represents 18% of the market, which makes these two cryptocurrencies the overall bulk of the market. Ethereum launched in mid-2015, giving an indication of how quickly things can change in cryptocurrency markets.
Other cryptocurrencies are actively traded but may be less commonly available at exchanges:
Litecoin (LTC) Zcash (ZEC) Dash (DASH) Ripple (XRP) Monero (XMR) Cryptocurrencies are generated by specialized computers through a computational alchemy called mining. Its relative rarity due to the processing power required to produce new coins is part of what gives a cryptocurrency its value. Additionally, some cryptocurrencies have a limit on the number of coins that can ever exist, also called a finite supply.
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