Dollar_Hunter
Member
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Activity: 1078
Merit: 21
COMBONetworkio
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December 01, 2020, 10:38:01 PM |
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Just sleep if you are afraid of trading! Trading is risky,
let alone defeat will be a partner for us, if you want to learn to trade and be able to read analysis,
of course this will minimize it.
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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NeilLostBitCoin
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December 01, 2020, 10:51:48 PM |
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As a beginner u don't have to put all your investments in Cryptocurrency, or Cryptocurrency shouldn't be your main source of income!!! If u are starting a trade Make sure u start with what you know when you loss it won't really affect you!!! And you should never take a loan to invest in any coin.
Trading should be like that, if you don't want to experience mistakes then you can't do more valuable things, like trading, you have to practice first, learning about trading analysis techniques is very important It's true, but nowadays many newbies leave when just one time makes a mistake... Newbies nowadays think that trading is very easy but when they jump in, it makes them feel trading is not for them. if you get hurt once and leave then you can never become a trader. That's why we always keep on sharing here that as a newbie you should already have your determination to learn especially from losses ahead. You should take risk for the amount that your willing to lose. The best strategies and tactics can't be learn by just watching trading tutorials in youtube or any other legit site and not by just reading some tips and tactics here in forum but you can acquire the best tactics by your own experience and failures in trading. If we will always aim and we always experience win then you will never learn. |
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k@suy
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December 01, 2020, 10:59:57 PM |
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Just sleep if you are afraid of trading! Trading is risky,
let alone defeat will be a partner for us, if you want to learn to trade and be able to read analysis,
of course this will minimize it.
Everyone knows that trading is risky and even the legendary in trading has passed all the failures and the risk of losing before they earn a best strategy that they are using now in trading. If you are afraid of trading then you are not for this area, you should try some area like investment which you can get a profit. But of course know how to trade was a plus factor for your crypto wallet to get an additional profit. There is no overnight profit here in crypto, you will get what you are working at. |
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Japinat
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December 01, 2020, 11:00:51 PM |
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Just sleep if you are afraid of trading! Trading is risky,
let alone defeat will be a partner for us, if you want to learn to trade and be able to read analysis,
of course this will minimize it.
We better get used to losing as that is normal in trading, however, it's stupid if we don't learn from our mistakes because our main purpose is to improve and be profitable in the long run, trading is just like gambling, where you can use your skills and win more than you lose so you'll end up profitable in the long run. This is an opportunity for us if we are active in crypto because we are trading a high risk asset, but if we are good already and consistent in trading, well, making money should not be hard for us, and we would love the fact that we are trading high risk assets. |
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Salauddin1994
Member
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Activity: 868
Merit: 15
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December 02, 2020, 01:04:49 PM |
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risk of losing and not, is part of the cycle of a trade,
we can avoid it but we cannot avoid it continuously, don't expect you to avoid it,
just make a good trading strategy.
There must be risk involved in doing business it is not possible to do business without risk if you have good knowledge about trade the risk will be less. Trading charts need to be followed along with trading strategies analyze the trading charts and proceed as planned trade and work according to plan for the risk of losing or gaining. |
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CryptocurencyKing
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December 02, 2020, 04:58:43 PM |
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It's a very tricky thing @trading. If your in experienced, you never can fully tell how long you are to hold a loosing position on a trade. There is a technic and it should be in your setting of stop loss margin and the same applies to take profit margin. No one likes loosing and as such, you tend to hold a loosing position with hope that it would turn back in profit. Eventually, it just might not and you end up loosing more than you can afford to loose.
Always put your stop loss just before the previous lower low at the support level and take profit close to the higher high at the resistance level. Once these places are broken, it signifies a possible break out so, you've just got to love the trade before you make the mistake of loosing more than you could bare.
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CyberKuro
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December 02, 2020, 05:28:58 PM |
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It's a very tricky thing @trading. If your in experienced, you never can fully tell how long you are to hold a loosing position on a trade. There is a technic and it should be in your setting of stop loss margin and the same applies to take profit margin. No one likes loosing and as such, you tend to hold a losing position with hope that it would turn back in profit. Eventually, it just might not and you end up losing more than you can afford to lose.
Always put your stop loss just before the previous lower low at the support level and take profit close to the higher high at the resistance level. Once these places are broken, it signifies a possible break out so, you've just got to love the trade before you make the mistake of losing more than you could bare.
Indeed, stop-loss is a good idea for those who can't tolerate losses in trading for a long period. We know that bitcoin and some altcoins be able to recover and reach the ath again someday, but most of the altcoins can't survive in the market, so it is better to sell those coins rather than hold it for long term in hope it will rise again. Don't jump into a pond, immediately after you see it because we never know how deeps is that
~
Unless you know how to swim  Don't jump into a pond, immediately after you see it because we never know how deeps is that perhaps there is a crocodile in the pond. |
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ScamViruS
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December 02, 2020, 06:34:27 PM |
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risk of losing and not, is part of the cycle of a trade,
we can avoid it but we cannot avoid it continuously, don't expect you to avoid it,
just make a good trading strategy.
In order to trade, you have to have the mentality of bearing losses. There will be losses and profits in trading. No one wants to see losses. Everyone just wants to make big profits, but everyone must keep in mind that there will be profits and losses in trading. The focus here should be on reducing losses. Traders develop different strategies to reduce their losses. So traders should prepare themself well before coming to trading. |
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usekevin
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December 02, 2020, 06:50:15 PM |
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You are responsible for your own trade, someone introduced us to Bitcoin trading. He/she will not be responsible for the mistake you have made. While trading a huge sum of money, to earn 1000× of your funds, in two weeks. Found a tweet, “About a dude telling a cryptocurrency Twitter influencer, how he got influenced wrongly. He traded 10BTC and lost all". This could be clout, but serves as a good information. So many cryptocurrency Newbies invest in the first assets that feel okay, without doing their own research.
Pay attention; If you have plenty BTC like the dude above. It's certainly well, you know how to trade, close to what the dude thought. For this reason, holding is the best option. No way 10BTC will be lost (when Holding), allow yourself to “waste" time exploring. Although he learnt his lessons. Such mistakes should not be welcomed.
We have to keep in mind what we can do to improve not only our own lot but that of those around us. Share your Opinion.
Actually it's not a good one to blame the person who refer you to bitcoin.Did you prise the person, who referred you to bitcoin after huge rise in bitcoin price ! Mostly no, so it's not a correct one to scold for the introducing. Specially bitcoin differ from other crypto currency. Any time, you will get back the profit from bitcoin in a short duration and it won't be possible in other altcoin. |
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goldade
Full Member
Offline
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
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December 02, 2020, 10:06:40 PM |
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There is no other advice that worth more than what OP is trying to pass across. This is especially for newbies who believe trading crypto is making money quick. Many of them are not even aware that one can lose all in trading.
I wish I had someone tell me this when I started out trading. I traded with what I couldn't afford to lose and that set my emotions on high causing me to make some very bad mistakes.
Another advice that is very similar to this is to trade with only spare cash. Do not trade with money that is needed to run the day-to-day activities of your life.
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ChronoLite
Sr. Member
Offline
Activity: 840
Merit: 250
www.guestcrew.com
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December 03, 2020, 07:24:07 PM |
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true, if you are rich like you have mentioned then you would not even bother to regret anything that you have done before. but still money is money and losing that amount of money must be really hurt even though i didn't have that much money anymore. that is why trading requires lot of factors to work not just solely based of charts and done
just imagine if you getting that money from lending and lose all, what would happen in your life? i woiuld advise you guys to not ever trade with others money.
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