What was your experience trading cryptocurrency?

[radjie]

Many people told that the cryptocurrency trading is one of the easiest ways to make and earn more money so there are a lot of newbies making their own trade on this kind of platform having some of the problem today of the newbies are losing their funds which cause a lot of loses and getting more decreasing on their funds. If you are a newbie in trading and win your trade unexpectedly that was good news to you but you cannot escape the losing phase on trading.

conducting cryptocurrency trading without extensive knowledge and experience can in itself cause losses or lose a lot of money, because the crypto trading strategy itself will not be easily carried out by beginners who are new to cryptocurrency.those who speculate that cryptocurrency trading is the easiest way to make money, it is only intended for those who already have a broad trading base and experience in this industry

[Magireer1]

Your experience is painful it was short and Bitcoins were collapsing.
all treaders lost their money that year and they cut that lost will keep trading to 2020.
Trade again for three years, buy small amounts on a monthly basis and you will make profits.
Forks tradnig and bad and bitcoin is less than it

[rezakurnia66]

Starting the Crypto Asset trading activity, I started in 2017. I was fortunate because at first, I traded digital currency assets making a big profit. But I had too much passion to make a profit, and finally, I had a big loss in the year 2018. It became a very important experience for me and after that, I continued to learn and patience in trading.

I often hear forex exchanges and a lot of friends who advise me to trade on Forex. I don't really know about Forex exchanges and prefer to trade in cryptocurrencies like Binance exchanges.

[kotajikikox]

Starting the Crypto Asset trading activity, I started in 2017. I was fortunate because at first, I traded digital currency assets making a big profit. But I had too much passion to make a profit, and finally, I had a big loss in the year 2018. It became a very important experience for me and after that, I continued to learn and patience in trading.

There are many of us that lose in 2018 But what is important is that we have learn is not to trust the market at any time,if we cannot afford waiting then better sell off in small profit than wait for bigger but has big risk also.

I often hear forex exchanges and a lot of friends who advise me to trade on Forex. I don't really know about Forex exchanges and prefer to trade in cryptocurrencies like Binance exchanges.

Why need to Go in forex when we can make it here with Bigger chances of gaining than in Forex?

[Yatsan]

Mine was painful. whenever I am starting a leverage trading to be specific, I always win on the first or second day and after that the loss will really hit me hard on the following days and I will just ended-up losing my funds for my trade. On the normal trading, I am just aiming for long term there, but yeah, the leverage trading is risky and I am always losing there. My advice for you guys is just take leverage trading if you have extra money or you are just really good in trading. 

[antonytar81]

Unfortunately, I was unlucky. And my experience was unsuccessful.
At first, everything went smoothly and even promising, but in the end, one wrong step broke the strategy. It is enough to get on the scam company once  to break the entire business model. Fortunately or unfortunately, you can build different strategies, but the main two are based on either speculation or chart analysis.
In most cases, I tried to stick to the second strategy. So you can at least try to anticipate the market. But like I said, one wrong step and you're out of the game. 

[XCANA]

For experience in cryptocurrency trading, I have traded this coins and find out how volatile these coins could be, to avoid this loses, you as a trader must develop a strategy to trade positive. Although the first time I traded was a laughing stocks because I lost all my trades. But getting the needed tutorials from good traders made me up to were I am today. Now, I can trade cryptocurrency for gains and am into daily trading of cryptocurrency.

[Lorence.xD]

For experience in cryptocurrency trading, I have traded this coins and find out how volatile these coins could be, to avoid this loses, you as a trader must develop a strategy to trade positive. Although the first time I traded was a laughing stocks because I lost all my trades. But getting the needed tutorials from good traders made me up to were I am today. Now, I can trade cryptocurrency for gains and am into daily trading of cryptocurrency.

I am happy for you because that is such a humble story, from noobie to a pro is what people needs to see because many gets discouraged after they fail at their first try, I really do believe that without experiencing loss, you will not appreciate reaping the profits.

[bitbunnny]

My first experience wasn't easy and so successful, I have to admit that. But that was years ago, I didn't know much about trading and felt kind of lost in crypto market. With time I learned a lot, especialy on my own mistakes and now I'm much more related and have positive opinion about trading. Of course, I faced losses too and sometimes that wasn't easy to overcome but gained experience helped me a lot.

[yhiaali3]

Most of us had some hard experiences at first, I remember the first time I traded it was BTC / Doge I did a good deal at the time and thought I had become a trading expert and trading was very easy, but then I found out how wrong I am.
Trading is not an easy thing, it needs a lot of learning, analysis, patience and other attributes necessary for every trader and experience is the best teacher. It is true that I got some big losses but it was my best teacher because I learned from my mistakes.

[Zackgeno96]

For experience in cryptocurrency trading, I have traded this coins and find out how volatile these coins could be, to avoid this loses, you as a trader must develop a strategy to trade positive. Although the first time I traded was a laughing stocks because I lost all my trades. But getting the needed tutorials from good traders made me up to were I am today. Now, I can trade cryptocurrency for gains and am into daily trading of cryptocurrency.

This is what we should learn from our losses, most people are afraid after they loose big for the first time in their trading career and then probably they quit trading because of that loss and also because of loosing again, but instead they should search for their mistakes and try to improve those mistakes because if they won't learn from their mistake then there are high chances that in the future they will again fall in the same trap and can loose an even bigger amount.

[masphie]

1 reason your lost in crypto trading, panic mode on.
i am trading in crypto since 2017, and basicly crypto different with forex. And if i am buy crypto token or coin, i will stay calm if price going down. Because,  i am sure they will up again.

So, if you want to play crypto again..... get rid of your panic.

[ethereumhunter]

1 reason your lost in crypto trading, panic mode on.
i am trading in crypto since 2017, and basicly crypto different with forex. And if i am buy crypto token or coin, i will stay calm if price going down. Because,  i am sure they will up again.

So, if you want to play crypto again..... get rid of your panic.

Yeah, that will depend on how we can control ourselves if the market is going down. Calm down while the market is down will be better than to panic sell because we don't know if the price is down for a few minutes, and then the price will increase so high. If you can control yourself, you will see the chance to make a profit from the various coin. But still, calm down in the bear trend will be difficult as we will see, the volatility of the price will happen many times.

[btc78]

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 .

same as for all of us,nothing ti worry your not alone .

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  .

Thats the most stupid thing you did,Starting back in 2018?then the market is in the middle of crashing?and you have chosen Bitcoin instead of other altcoins that has lucky chances of pumping?

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. 

If you are already in profiting from forex,then why the hell you wanted to come back here?

It was a painful experience though 

What was your experience ?

I have no much because i only traded for daily basis i think couple of times since the majority of my doing here are Holding.

[ghost424]

Trading some Cryptocurrency is really hard to deal with unless you are an experienced one. Some trades are really hard to get over because you expect some profit out of them. We really need to read some news about what we are trading about for us to be aware or predict on where its price will be expected to be. It was a really good experience when you are trading for a lot of Cryptocurrency because in some way, you win and you lose.

[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 ?

my friend will always say that one should get the right knowledge before embarking on any kind of adventure. If any crypto fan wants to adventure into crypto trading, i will advice the person to seek adequate knowledge on crypto currency before taking a leap into it. it has been a bumpy ride without the application of the required knowledge adn funds have been lost to the volatility of the market and the funniest part is that nobody gets to answer to you how it got lost.

[7788bitcoin]

Mine was painful. whenever I am starting a leverage trading to be specific, I always win on the first or second day and after that the loss will really hit me hard on the following days and I will just ended-up losing my funds for my trade. On the normal trading, I am just aiming for long term there, but yeah, the leverage trading is risky and I am always losing there. My advice for you guys is just take leverage trading if you have extra money or you are just really good in trading. 

To be frank leverage trading is just like gambling as you really cannot predict what the market situation will be and unless you have a complete understanding of the market on what signals you need to take positions even still you might mess up once in a while and it all depends upon luck as once in a while whales will mess your perception of the market in leverage trading.

[hahay]

My first experience wasn't easy and so successful, I have to admit that. But that was years ago, I didn't know much about trading and felt kind of lost in crypto market. With time I learned a lot, especialy on my own mistakes and now I'm much more related and have positive opinion about trading. Of course, I faced losses too and sometimes that wasn't easy to overcome but gained experience helped me a lot.

So clearly I guess, in trading not always they will continue to get success easily so the loss in trading becomes something natural to happen and even though you already have experience but still, sometimes avoiding losses is difficult and therefore first or not experience in trading will certainly pass the loss but with a different situation.

[famososMuertos]

It is common to read commerce is not for everyone, and it is somewhat contradictory, it is if or if, if you have a cryptocurrency.

In a way, I had previous experience, since I already managed things like e-wallets, where you had to exchange paypal, for skrill, Neteller, payeer, etc. (it's comparative, I'm not saying it's the same)

People who come to crypto many times do not understand how a wallet works or understand how Exchange DEX, CEX, fees, etc. work. and they want to start trading.

Trade is not difficult, you have to remove that stigma, just like any investment you should know its advantages, disadvantages, read the FAQ and after all that, change your assets. You liked the result, well, because we need people who always sell at any level of market volatility.

[sulendra12]

It was a painful experience though 

What was your experience ?

Probably like other members, in 2017 the amount you could get from trading was really insane. You could get more than 2k dollars in just one run where you can't do that in 2020 yet. The hype on ICO was really great back there, even though we have IEO or other scheme but it's not bringing any difference I believe.