What was your experience trading cryptocurrency?

[slackovic]

Fear of going into the experience, for the next time to start will be easier and faster.
I invested some currencies in the year 2018 and I didn't sell them, I plan to buy more this year and I want to invest some money in some markets. I am waiting for a return from them to start again.
Investing is a game of profit and loss, and I do not fear loss.

If you are investing your hard earned money then you should fear about the loss you could encounter if you are taking a risk, not sure what coins you invested to have a bold statement but trading is all about top coins rather than the shit coins we have in the market and you need to be careful what coins you are trading and bitcoin is the only coin that can guarantee a profit in the long run and that cannot be said about majority of the alts.

I think that everyone is investing their hard earned money because money doesn't grow on threes. It has to be earned. I guess you meant that no one should invest money that they can't afford to lose.

As for the bold part - there is NO coin (including Bitcoin) that can guarantee you profit! I can agree that there is much less chance that Bitcoin price will dump like some shitcoin price, but no one can guarantee anything in crypto.

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[Savemore]

Fear of going into the experience, for the next time to start will be easier and faster.
I invested some currencies in the year 2018 and I didn't sell them, I plan to buy more this year and I want to invest some money in some markets. I am waiting for a return from them to start again.
Investing is a game of profit and loss, and I do not fear loss.

If you are investing your hard earned money then you should fear about the loss you could encounter if you are taking a risk, not sure what coins you invested to have a bold statement but trading is all about top coins rather than the shit coins we have in the market and you need to be careful what coins you are trading and bitcoin is the only coin that can guarantee a profit in the long run and that cannot be said about majority of the alts.

That is why it is important to remove our emotional attachment to our money especially if it is our hard earned money. Make sure that amount that we will put in trading is the money that we are willing to lose which means that we will not get depressed if we will experience losses. Fear is normal at the beginning because we are still do not have enough confidence to ourselves, but if we want to be a confident trader then we should have courage and determination to study and have knowledge about trading.

It is normal to have ups and down in trading because there is no perfect system. Losses are inevitable but we can lessen it if we have a proper risk and management. Being a trader is fun because I always surpassing my limits where I constantly learning and growing.

[DoubleEdgeEX]

I started trading indices and forex in 2010, with a health related break between 2012 and 2014. Even though I knew cryptos since years prior, I just started trading them in 2016. The procedere remaind the same, just as much as the basic principles like never investing money you can´t afford to lose, never go too high in leverage, never enter a market you have no idea about, never enter a trade without a plan or never enter a trade without a stop loss. I kept writting a journal when trading cryptos just as with trading the S&P500 or the German DAX  but completely quit trading in 2018 because of a change of focus to building that DEX startup.

As for experience in crypto trading, my main strategy and trading system worked in cryptos too. What I successfully used was a variation of an Inverse Turtle Trader. Here an explanation if the original: https://www.investopedia.com/articles/trading/08/turtle-trading.asp

Right now, I´m just a Hodler, makes life less stressful as well ;-)

[bitbunnny]

I've learned so far that trading actions is usually waist of time and money, at least that is my experience, so.I stick to Bitcoin.
Also, there is always a risk and no matter how splendid situation might look there is always possibility for surprise. Losses are inevitable so always think twice how much you can risk to lose and for successful trading you always need a bit of luck too.

[XCANA]

Fear of going into the experience, for the next time to start will be easier and faster.
I invested some currencies in the year 2018 and I didn't sell them, I plan to buy more this year and I want to invest some money in some markets. I am waiting for a return from them to start again.
Investing is a game of profit and loss, and I do not fear loss.

If you are investing your hard earned money then you should fear about the loss you could encounter if you are taking a risk, not sure what coins you invested to have a bold statement but trading is all about top coins rather than the shit coins we have in the market and you need to be careful what coins you are trading and bitcoin is the only coin that can guarantee a profit in the long run and that cannot be said about majority of the alts.

~~~~~
As for the bold part - there is NO coin (including Bitcoin) that can guarantee you profit! I can agree that there is much less chance that Bitcoin price will dump like some shitcoin price, but no one can guarantee anything in crypto.

Well said but you have forgotten that, bitcoin investment is far better than those shitholes called altcoins which has no good foundations compare to bitcoin. Though, some altcoins are scalable and good for investment but personally I won't do to any. Bitcoin still remains the bold coin we'll should make our investment into, this investment should be on a long-term purpose to actualize huge profits. So, the only cryptocurrency that guarantee profit is bitcoin and this must be on a long-term basis.

[slackovic]

Fear of going into the experience, for the next time to start will be easier and faster.
I invested some currencies in the year 2018 and I didn't sell them, I plan to buy more this year and I want to invest some money in some markets. I am waiting for a return from them to start again.
Investing is a game of profit and loss, and I do not fear loss.

If you are investing your hard earned money then you should fear about the loss you could encounter if you are taking a risk, not sure what coins you invested to have a bold statement but trading is all about top coins rather than the shit coins we have in the market and you need to be careful what coins you are trading and bitcoin is the only coin that can guarantee a profit in the long run and that cannot be said about majority of the alts.

~~~~~
As for the bold part - there is NO coin (including Bitcoin) that can guarantee you profit! I can agree that there is much less chance that Bitcoin price will dump like some shitcoin price, but no one can guarantee anything in crypto.

Well said but you have forgotten that, bitcoin investment is far better than those shitholes called altcoins which has no good foundations compare to bitcoin. Though, some altcoins are scalable and good for investment but personally I won't do to any. Bitcoin still remains the bold coin we'll should make our investment into, this investment should be on a long-term purpose to actualize huge profits. So, the only cryptocurrency that guarantee profit is bitcoin and this must be on a long-term basis.

You are hilarious... On my post where I'm saying that no coin, including Bitcoin, can't guarantee profit first you say this:

Well said...

and then in the end of your post you say:

the only cryptocurrency that guarantee profit is bitcoin

I repeat - there is no investment that can guarantee you profit. We can talk about high, medium and low risk investments but there is no investment (in crypto or in anything else) that can guarantee you profit. Even in the long run. At some point (maybe in a year, maybe in 100 years) Bitcoin price will reach it's maximum and a person who buys that maximum will never have profit of that investment. So how can you say that it can guarantee you profit?

[Jweel064]

In 2018 i was starting trading cryptocurrency that time i invest almost 2800$ but  my lack of knowledge i lost almost all of my capital. Now again i invest in cryptocurrency and i hope i will recover my all of capital.   

[Emitdama]

I lost money, but the money I lost is a minuscule compared to what I was able to make later. I started buying bitcoin in 2014 and I wasn't serious with it back then, so I didn't invest much. The funny thing is that I still lost this little money I invested in cryptocurrency. Then I wasn't really good at it. I taught myself everything I know about bitcoin today, nobody was there to guide me through it.

I was just using an Electrum wallet and I didn't know how to withdraw the cryptocurrency which was worth $250 to my bank, so I sent it to a scammer who claimed to be an exchanger and I lost it. I decided to quit because I was angry, but came back in 2016 and started buying again, then I have understood everything that I need to know. And 2017 was a good year.

[Chris Barth]

and i lost a whole lot of money trading it[/b]

This is the issue with most newbies. Before risking any amount, it is so much advised that you make a thorough research. There are online courses for those who want to trade, you can either start one (and of course finish it) or you make researches and ask experts question. This doesn't mean that there won't be bad times; there could be bad times but it won't be like when you know nothing and just throw in your money.

[lambhudhai]

Can you talk a little more about how you learned?  Was there any person, course, or set of experiences in particular where you built your skills to a better level?

[bitcoinst]

I tried both forex and cryptocurrency trading. I can definitely say that the cryptocurrency market is more complicated than the classic ones, it is too unpredictable and too volatile.
But that’s why he is so attractive. Trading on the cryptocurrency market is for those who like to take risks, but few people realize what really risks are associated with crypto trading.
I would have described it like this Forex - it's complicated, cryptocurrency is impossible.
At one time I had a mentor who made a lot of money on brick trading, but at some point the market became so unpredictable that he lost a lot.

[Amel]

I didn't know much about cryptocurrency trading even three years ago. One of my older brothers first gave me knowledge about cryptocurrency trading. Then I started walking on the path shown by him. I made many mistakes at first But I have learned from this mistakes. The cryptocurrency market is getting harder day by day. I am constantly gaining knowledge from here.

[ShowOff]

I didn't know much about cryptocurrency trading even three years ago. One of my older brothers first gave me knowledge about cryptocurrency trading. Then I started walking on the path shown by him. I made many mistakes at first But I have learned from this mistakes. The cryptocurrency market is getting harder day by day. I am constantly gaining knowledge from here.

Trading will be difficult if you do not have enough knowledge because cryptocurrency trading does not only buy at low prices and sell at high prices. Much better if trader can make an analysis so they have good guidelines before deciding to trade. The selection of the right trading assets will also determine the success of a trade. Choosing randomly without analysis will only make the trade fail and even potentially lose money. I have never considered trading easy, and I would say it is a complex activity.

At the moment I am used to adding knowledge about my crypto trading via YouTube, I get a lot of information and knowledge. You can also do it if you want even though at this stage you are already well established in terms of your activities in the forum.

[Debonaire217]

In times that I am new to trading before, I have often been affected by short term price increase or decrease, that is why I end up withdrawing my funds from the exchange in the fear of losing. Then I realized that what I really lack is the time it takes for me to study the market graph, so with less time I spend in trading, the less I earn for the short term.

I might not be lucky in trading because I do a bunch of other stuff, but remember, we can trade in a long term through hodling in which what I am doing now with my sats.

[Latviand]

Fear of going into the experience, for the next time to start will be easier and faster.
I invested some currencies in the year 2018 and I didn't sell them, I plan to buy more this year and I want to invest some money in some markets. I am waiting for a return from them to start again.
Investing is a game of profit and loss, and I do not fear loss.

If you are investing your hard earned money then you should fear about the loss you could encounter if you are taking a risk, not sure what coins you invested to have a bold statement but trading is all about top coins rather than the shit coins we have in the market and you need to be careful what coins you are trading and bitcoin is the only coin that can guarantee a profit in the long run and that cannot be said about majority of the alts.

Bitcoin is really the most worth it coin to invest if you are willing to trade your assets. Once you work hard to earn money and you invest it in trading, you should do your best in order for your effort not to be wasted. Majority of us are using bitcoin because alts can't give us huge profit that bitcoin can do.

We always really need to secure our assets and trade only if it is necessary, because the risks in trading is huge. Performing technical analysis every time you trade is important so that you have a guide or idea when to do trading. When it comes to the market, I guarantee you to invest your bitcoin so that you can secure your future errands with your assets.

[CarnagexD]

So far, as bitcoin has no improvement in its price, I try to use altcoin to somehow have a small profit. A little progress is also a progress so as soon as I can, I trade using those shitcoins that others say. If bitcoin's price is not increasing, why settle and wait for that to move when you can find another way to earn a profit.

Holding bitcoin is okay but we have no idea when its price will increase in the market, so if I were you, I will try to look for more ways on how can i grow my investments.

If there's an opportunity to use other coins, grab it!

[Leo]

At the beginning it was not that rosy,  I followed some couple lots of fake trading groups on Telegram not until I learned the hard way before I started to desist from such channels, right now I can boldly boast of my own personal calls, not 100% right but much more better than lots of those fake channels calls

[verita1]

My first experience was at KuCoin. Create my account and I did my first token exchange that won me in a Bounty campaign. When you are new you feel a lot of emotions, also I did all the steps carefully to make it a safe experience. Fortunately I did not have any problem because I followed all the indications that are available on the portal. It was a great feeling to receive bitcoin that I could exchange later with another exchange tool for my local currency.
And since then I am convinced that this is what I want with my finances.

[stiffbud]

At the beginning it was not that rosy,  I followed some couple lots of fake trading groups on Telegram not until I learned the hard way before I started to desist from such channels, right now I can boldly boast of my own personal calls, not 100% right but much more better than lots of those fake channels calls

In the year 2015/16 there used to be a lot of pump and dump groups that mostly targeted Bittrex cryptocurrency pairs but the only problem was that you couldn't make money from those groups at all because the owner used to dump his coins after announcing it to his followers onto those who used to buy that coin after his announcement. I guess now it isn't the case anymore as these pump and dumps are illegal to participate into, at least in wall street it is.
My first trading experience was back in 2014 selling the coins that I received in an airdrop, back then airdrops used to give you more than 0.04 btc usually, and sometimes more than that too.

[jerrison]

Been trading for quite a while now and it took me time to get to where i am today coming from a noob in trading. Trading cryptocurrencies was one hell of an experience for me .

The first cryptocurrency i traded back in late 2018 was bitcoin and i lost a whole lot of money trading it. I guess i didn't learn enough about the crypto market and the volatility involved before delving into it  .

Ever since then, i picked another instrument of choice. I went into the FOREX trading. I plan on coming back into trading cryptocurencies but for now i'm still learning about the crypto market. 

It was a painful experience though 

What was your experience ?

The whole idea of trading seems to be the opium in the crypto space. I always like existing in spaces where i have control over situations and looking at the crypto space, trading seems to be the only sector that has that and also keeps you independent. I also noticed that the trading business has maximum risk hovering over it and to avert possible losses, it is wise to go for knowledge first before involving or exposing your funds to trading as you are entirely responsible for what ever the consequences of the trade is whether loss or profit.