why some are still loosing money in crypto

[akirasendo17]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

[irsada]

This has become a curse for those who never take lessons from what has happened in the past.
after all, crypto has produced many millionaires, so if there are people who feel crypto is a disaster then he is one of the people who are cursed by crypto because they don't want to learn from their mistakes.

[Fundamentals Of]

This is happening primarily because people do not make research. They do not study things before they decide on them. They do not Google, much less read, before they invest in a particular project or coin. It is enough for them that a certain coin is hyped on social media. It is enough for them to release money to buy an already pumping shitcoin only because a clueless yet famous wealthy personality is mentioning it randomly.

[anu1908]

so if there are people who feel crypto is a disaster then he is one of the people who are cursed by crypto because they don't want to learn from their mistakes.

i'd not call them cursed. either they are unlucky, didn't learn from their mistakes, or both, and so on. tbh one thing i realize is that most people can't distinguish between optimism and copium, so they can't capitalize on opportunities. it will always take some time to learn and get the feeling of it, so that's that.

[MusaMohamed]

You follow a persons advice through his social account post example is Elon musk

Elon tweets are not advice. Not financial advice. His followers consider his tweets as financial advice and gamble then lost.

If they do the same with tweets from other big influential people, they will end in the same way, loses.

You still believe that a certain coin will come back from the dead even though you already knew its a scam

Bull market brings good time for dead projects to come back. Their incapable developers or scammers can try to release some funny upgrades, as ways to join a new trend, and sell at tops. Exit again and those coins will be dead one more time.

• you just follow your instinct and never make single research
• emotions still control you to decided

They follow advice or tweets of others because they're lazy, don't want to do their own research. They're in the market with greed, emotional decisions and loses are their endings.

[killerfrost]

The process of doing something and getting recognized by someone is really cool. But part of us only recognizes the result and does not look at the process to create it, which is the reason for many problems such as greed and loss of psychological control. And sometimes I see people who are really stubborn and stupid, in any field, if you want to make money from it, you must understand it.

[cabron]

Because there are investors who believe the word HODL when infact selling at ATH is the right thing to do and I'm not just saying this for altcoin investors. Bitcoin investors should also be doing it before the correction come.

Unfortunate to see that even I myself have not learned in the past. We ought to be a trader at the same time and nit just an investor that HODLs.

[KaliLinux]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

I want to Highlight just one important point in this case. Most of us tend to forget that we all CANNOT make profits in this cryptocurrency market at the same time. Is it really possible for everyone to buy at a lower price and sell at a Higher price to Make Profits? I guess not. Someone has to fill that your sell order at that high price for you to make your profits and they eventually turn out to be the supposed investors that have lost money depending on how the market goes and they ended up cutting their loss. So at every point in the market, this will always happen and there will always be gainers and losers regardless. 

[xSkylarx]

so if there are people who feel crypto is a disaster then he is one of the people who are cursed by crypto because they don't want to learn from their mistakes.

i'd not call them cursed. either they are unlucky, didn't learn from their mistakes, or both, and so on. tbh one thing i realize is that most people can't distinguish between optimism and copium, so they can't capitalize on opportunities. it will always take some time to learn and get the feeling of it, so that's that.

Yes, cursed is a strong word. Unlucky is preferable. However, I've been in crypto since 2016 and am constantly learning. I make a lot of mistakes due to emotions and rushing to conclusions, such as jumping to hype. Well, despite the fact that I have been in this field for a few years, I am still unable to adapt. However, I am progressively accumulating knowledge. What's more, if you make mistakes, you can learn from them. Life in crypto is difficult if you don't know what you're doing, but if you're willing to take risks and accept the chance of losing money, you can gain knowledge and improve in the long term.

[aylabadia05]

It could be that it still happens because when playing in the market you don't prioritize it carefully. That is, reading the opportunities that will occur less attention. I think, no matter how good a person is in determining the price of a coin, it will have no impact if we analyze it carefully.

[bestcoins1]

Quite sad to heard about those people had losing of lost (value usd) on investing of money to the crypto, They just heard and see about people had luck and crypto could earn some money while they're sleeping or sit front of computer without any formal suits.
They are just jump into trap bad project or bad coins/tokens, or may they are understand about all those "disclaimer written of whitepaper" They just heard by Influencer.. some like... Elon.
Unfortunately they think about it's are easy money to earn thought the project, without re-search about project or utility.

[caffu chino]

those who lose usually never feel the state from bear to bull. they gave up halfway, and complained that crypto was a bad investment. they seem to forget the concept of time. impatient to wait and just listen to other people's words without wanting to make decisions on their own. think unlucky and have no second chances, and end up selling when the price drops, then walk away from the crypto market. if they are willing to be patient, I'm sure they won't be the losers. actually the key to investing in crypto is easy, namely HODL. no need to be an expert, just buy and wait.

[Argoo]

In the cryptocurrency market, that is, the financial market, its participants cannot only make a profit. This market does not produce material goods, it only redistributes them. This means that if someone makes a profit on it, someone else must suffer a loss. Therefore, there will always be profits and losses.

[smartaction]

People face losses in crypto for some reasons
1. After buying the token, if he impatiently sells it without holding it.
2. If someone believes in fake news without verifying yourself and invests in a token like a blind man.
3. if anyone go to on future trade and use high Leverage for trading

There are some mistakes like this that are more likely to be loss

[wajik-tempe]

I was also old player in crypto and experienced a big drop in 2017. i was holding 80% of my total whealth in crypto (i was in college back then) and my portofolio dropped till almost zero. There are a lot of experience that i learned from those market crash and right now when the market down again, i'm not panicking anymore, i keep buying coins that is fundamentally good for me and wait the time to take profits maybe in years ahead.

[Ndlongap Ndlongop]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Good advice, almost all of the above mistakes I did, know if the project is a scam and ponzi system but I still do it until now, I still remember the 2017 invest ICO which featured a public figure and made me lose around $1500, until now I was controlled by instinct and never do detailed research. from now on i will be selective.

[lienfaye]

• You follow a persons advice through his social account post example is Elon musk

Most of those investors believing such post of influencers are newbies. They're avid followers and relying their decision on which coin to invest in or when to buy/sell and not realizing they're letting themselves be controlled. This is the reason why some of us failed with our investment, its because we're lacking of knowledge of what we are getting into.

• You still believe that a certain coin will come back from the dead even though you already knew its a scam

Its not wrong to hope however it depends on the coin, if its clearly a shitcoin then we have to move on.

Well I think aside from lack of knowledge, greed is the common reason why some of us are losing their money. I bet on the last bullrun many of us missed the chance to take profit already because of the thought that the price can reach a much higher value.

[Tervelatuk]

I was also old player in crypto and experienced a big drop in 2017. i was holding 80% of my total whealth in crypto (i was in college back then) and my portofolio dropped till almost zero. There are a lot of experience that i learned from those market crash and right now when the market down again, i'm not panicking anymore, i keep buying coins that is fundamentally good for me and wait the time to take profits maybe in years ahead.

our experience give us mentality , traders who pass 2017 crash will stay cool and not be panic by selling all assets in bottom.  we know how to face this bearish trend no matter our assets at this moment decrease alot. Personally i am still hold assets with more initial value $5k and now its drop. I am long term investors which is developtment be my main reason to hold. in few years i am sure it will give me huge profits like i hold bnb eth in few years ago.

[Reid]

I am grateful to be in this forum for I have learned a lot here and have grown my knowledge.
What you have told us here is one of those. Learning from my mistakes and with the help of other member's experiences/opinions that were shared here.
Before I'll purchase anything that I think will strike the moon or even just from the sweet words of their team in chat applications.
I can say I am not a newbie anymore but I don't want to stop learning. Every day there will be something new that will come.

[cryptoaddictchie]

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Experience is always a teacher meaning all of those whom loses huge are probably now succesful. Im not saying we should lose first, but there is a time that an experienced trader or investor on crypto have loses a lot. Yes a lot and from that they knew now what to do and used that experience to gain knowlesge or technique about it.

Luck is something we should always not depend on sometime we can be like that but not all the time.

[isaac_clarke22]

~

People follow Musk because there is a hidden desire that those people want to be richer than him that is why they are following each footprints, which are his advices, that he makes. They don't care about the risk involved.
I have this feeling that many of his followers will hate him once he retracts his advice whenever the coin he is shilling just go down.. all the way down but in the end, it is their blindness and not their diligence that led them to that for obvious reasons.

About the emotion, everyone has emotions. They are just doing the most subtle way to express it regardless.

[Serco]

I am grateful to be in this forum for I have learned a lot here and have grown my knowledge.
What you have told us here is one of those. Learning from my mistakes and with the help of other member's experiences/opinions that were shared here.
Before I'll purchase anything that I think will strike the moon or even just from the sweet words of their team in chat applications.
I can say I am not a newbie anymore but I don't want to stop learning. Every day there will be something new that will come.

learning everyday still not enough to understand about cryptocurrency market. there alot thing we need to know especially about fake project or rug pull sign . most of them must ever drop in this condition and we loss our money. teach each other and share knowledge will help us to mastering cryptocurrency knowledge and this forum will be good place to share our knowledge.

[Wiwo]

What I will call such a mistake is blind trust, when a person is too greedy to pick the red sign of any investment and 100% concentration on the profits they tend to make investment mistakes and then lead to more losses. Since 2017 lots of projects have come out with social media influencers trying to promote them but in the end, those that invested in them end up with losses.

[tvplus006]

People follow Musk because there is a hidden desire that those people want to be richer than him that is why they are following each footprints, which are his advices, that he makes. They don't care about the risk involved...

People follow Musk because they do not want to independently engage in the selection of a promising coin, shifting this work to others. And in case of failure, they shift the responsibility to others, considering themselves a victim of unfair advertising. Such investors will never understand what was the mistake of following the advice of a public person and will repeat these mistakes again and again.

[traderethereum]

I am grateful to be in this forum for I have learned a lot here and have grown my knowledge.
What you have told us here is one of those. Learning from my mistakes and with the help of other member's experiences/opinions that were shared here.
Before I'll purchase anything that I think will strike the moon or even just from the sweet words of their team in chat applications.
I can say I am not a newbie anymore but I don't want to stop learning. Every day there will be something new that will come.

learning everyday still not enough to understand about cryptocurrency market. there alot thing we need to know especially about fake project or rug pull sign . most of them must ever drop in this condition and we loss our money. teach each other and share knowledge will help us to mastering cryptocurrency knowledge and this forum will be good place to share our knowledge.

At least, if we can learn something about crypto, that will add more knowledge to us so we can use it for our benefit.
There is no stop to learning many things related to crypto before crypto is used in all countries so when that time comes, we are ready to compete with the other people out there.
We all have a losses experience before or in the future. But that does not mean we do not learn much because that will depend on our analysis.
If we can analyze better than the other, we can make a profit. Otherwise, we can only minimize the losses because we know how to do that.

[blockman]

I've learned a lot with the 2017 bull run and with the mistake that I've done there, I've made sure that it won't happen if there's going to be another bull run so it did, there's another bull run late last year up to early this year. And that made me sure because I've taken profits that I've never regret although it's not during the peak price still it counts as one of the best prices and profits that I've taken. And I cannot blame those that still didn't learn in the past because they're tickled by their greed and that's one hard attitude to beat on this market. Even I'm following my instinct, it's also a good measure that I do every time in the market based from experience and some reading of charts.

[LogitechMouse]

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

I agree with some of what you said here but I will just add one reason and for me, this is the deadliest one and many investors are loosing their money because of this. What is it?

Being ignorant.

What do I mean by being ignorant?? Ignorant enough to not learn at least the basics of the coin or the project. Most of the people are ignoring the most important part when investing which is researching, learning and spending time to gain much information. All of what you said are correct but for me, being ignorant is the main reason why they are loosing money. Who in the hell became rich here but he didn't did some researched and didn't learned?? None. Change your mind, do some research before investing and don't be an ignorant investor. You're a newbie?? Don't throw money first and do watch videos and read articles instead.

[Oasisman]

People follow Musk because there is a hidden desire that those people want to be richer than him that is why they are following each footprints, which are his advices, that he makes. They don't care about the risk involved...

People follow Musk because they do not want to independently engage in the selection of a promising coin, shifting this work to others. And in case of failure, they shift the responsibility to others, considering themselves a victim of unfair advertising. Such investors will never understand what was the mistake of following the advice of a public person and will repeat these mistakes again and again.

In addition, some of these people are too lazy to make their own research on how to properly put their investments in crypto. In fact, some of them didn't even understand what kind of sh*tcoin they're into.
As a result, they became a puppet from a rich person that really doesn't care If people losses their money as long as he can milk out of his followers.
And I don't expect the Elon tweets to end, because he still have so many followers that also follows the series of Tweets he made on Twitter.

[Maslate]

~

People follow Musk because they do not want to independently engage in the selection of a promising coin, shifting this work to others. And in case of failure, they shift the responsibility to others, considering themselves a victim of unfair advertising. Such investors will never understand what was the mistake of following the advice of a public person and will repeat these mistakes again and again.

In addition, some of these people are too lazy to make their own research on how to properly put their investments in crypto. In fact, some of them didn't even understand what kind of sh*tcoin they're into.
As a result, they became a puppet from a rich person that really doesn't care If people losses their money as long as he can milk out of his followers.
And I don't expect the Elon tweets to end, because he still have so many followers that also follows the series of Tweets he made on Twitter.

This is how manipulation is taking effect in the market. Rich people are the cause of losses and people think that following what they say could make them rich also. But, it was sad to say that they are bringing themselves to a worse and regrettable decision on their life in terms of investment. 
Of course, these rich people don't care about what will happen to their followers as they just care about the money that he/she receives.

[RussianEnglishTranslation]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Just buy $NEAR, stake and wait until moon

[sapnu]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

There are a lot more other reason why many people are still losing money in crypto. Aside from what you've mentioned, lack of interest and effort can also be one. Dedication towards what you are doing plays a vital role when investing in crypto. It will dictate how well you're going to do at it as well as the hard work you will be exerting to be successful and avoid experiencing losses. I agree that you should not always rely on luck considering that the probability of losing will always be there and you cannot also be certain about it since you are just letting fate decide on what you're doing.

[chanler]

We know that the crypto world can provide great benefits as well as risks depending on how we manage assets. It is true that experience is indeed important for future learning so that it can be better and avoid losses. Therefore it is important to continue to study and learn so that we also continue to practice what things can be beneficial and detrimental. That is why the risk of following the crypto world is also great because it requires caution and vigilance so as not to cause losses. The most important thing is not to rush into a decision so you don't regret it later.

[distr@yopmail.com]

The problem is that most people won't learn from their mistakes, let alone learning from others' mistakes. We knew there is going to be a bear market and there will be a dump, still, people trade like the price is going to be up and up as if everyone will start putting all their money into crypto. Also, there are a lot of sheeps in our community which has to stop.

that's what makes everyone fall into the same hole. they don't want to learn from their own mistakes.
but most are related to greed and not wanting to look at the market. most do not follow the plans they have made themselves before they invest.

[Cvetik56]

It happens because there's a lot of newbies in crypto. People just witness how BTC going higher and higher and just trying to jump on the bull run. But they are not prepared for dips and crashes.

[ZAINmalik75]

Yeh you are right that people who had joined crypto in 2017 they must learn too much from market.
I told you that at this time people are trying to follow the trend in crypto. At this time few of shit coin like Safemoon, Safemars etc give too much profit to people which has change point of view of many people and they forget that its a shit coins it can make your thousands of dollar into zero .
So the people are following trend except to search on the fundemetal of these project so those trend make people fool something and they lose their money

[masterrex]

I believe losing money in crypto is just normal due to its nature. But we can minimize it if we applied some measures. "Crypto is a high risk, but high return" type of investment. and because it was very speculative that's why it has no guaranteed returns, second is the volatility, In 2018 I was also done some speculative action on new projects that ending up losing 95 percent of my investment during the 2018-2019 crypto winter, I accept crypto and it was the reality. 

[uneng]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

I would add a point:

• You believe bitcoin is going to be overcame by a random altcoin because a digital influencer who referred you to a telegram group promised it is going to happen

That is a reason why some investors are losing money. They avoid bitcoin because they think it takes too long to return profit over their investment and prefer to put their funds into an altcoin which promoters say it's going to be return by 1000% monthly, surpassing any profit bitcoin could guarantee them. They risk everything for a short run profit, because the long run is too much to wait for.
And actually these altcoins' clever developers and promoters are taking the investments from these people and buying bitcoin for themselves.

[pealr12]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

I want to Highlight just one important point in this case. Most of us tend to forget that we all CANNOT make profits in this cryptocurrency market at the same time. Is it really possible for everyone to buy at a lower price and sell at a Higher price to Make Profits? I guess not. Someone has to fill that your sell order at that high price for you to make your profits and they eventually turn out to be the supposed investors that have lost money depending on how the market goes and they ended up cutting their loss. So at every point in the market, this will always happen and there will always be gainers and losers regardless. 

Precisely, it is not possible for everyone to buy and sell same time, some people no matter will always lose out on opportunities because they don't possess the courage to make up their mind at the time they should have, what works for A' does not necessarily mean it will work for B'  different stroke for different folks,  it is very important to have a set target for taking profit as well as to buy mouh

[wheelz1200]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

I would like to add the trend and the hype, when there is a trend in the market and those who started it are legit and profitable to their investors expect a lot of imitation on that kind of project, the trend right now is DeFi and meme coin and there are a lot of projects that's are now imitating these legit meme coins and DeFi, they do rug pull and or runaway with investors money and neglecting their roadmap, so always dig deep.

Pretty much hit the nail on the head.  People tend to follow trends but don't know when to jp ship (looking at you dogecoin bagholders).  People tend to think there will be a rebound or even worse claim they are cost averaging and throw more good money on a diving asset.  It happens time and time again and don't see it changing.  Crypto is filled with greed.  Where there is greed there is failure.

[2tang]

It happens because there's a lot of newbies in crypto. People just witness how BTC going higher and higher and just trying to jump on the bull run. But they are not prepared for dips and crashes.

And I think it's also a very natural thing to happen because everyone is always unprepared for dips and crashes, especially for those who are very newbies, but over time they will get very used to every dips and crash.

[evilgreed]

               Or, maybe because they are completely newbies in this industry? or maybe they are day traders that aim to increase their bags rather than just sit idly by while prices slowly go up and down? There are a lot of reasons why people lose money when investing not just in crypto but in all the other industries out there. The best thing we can do as the people who are ahead in experience is to guide them and not give any sort of prejudice based solely on what we are witnessing. Not all people suffer losses due to carelessness or heavy reliance on luck alone. Some people get trapped in unpredictable and unavoidable circumstances which I am sure you yourself have also experienced. Let us be a bit nicer to the newbies.

[Amirzz123]

 People tend to follow trends but don't know when to jp ship (looking at you dogecoin bagholders).  People tend to think there will be a rebound or even worse claim they are cost averaging and throw more good money on a diving asset.  It happens time and time again and don't see it changing.  Crypto is filled with greed.  Where there is greed there is failure. i advise everyone to dont sell or buy any coin because the market is dump .

[Quintrix]

Anyone who has no criteria on what to look at on a coin or project is bound to lose money, and it should be a good criterion if he wants to make a profit from investing in a highly volatile market with a lot of scam projects existing, you don't have to be a newbie to lose money even veteran investors have lost and still losing money from a bad decision.

[Zedpastin]

There is not enough educational resources out there for investing in cyrptocurrency. There is a ton of information out there on getting started in other sectors of the economy but cryptocurrency is still under developed at least from a educational view point. If we could increase the education to newbies they would not take as many blind risks as they do now.

[Kasabus]

There is not enough educational resources out there for investing in cyrptocurrency. There is a ton of information out there on getting started in other sectors of the economy but cryptocurrency is still under developed at least from a educational view point. If we could increase the education to newbies they would not take as many blind risks as they do now.

Even without education, a good research from google through demos and information can make you a knowledgeable investor but losing is still inevitable. You will only reduced losses in crypto from your personal experiences because eventually, you will be wiser from learning all the mistakes that you committed.

I think losses will always be a part of crypto because even how good you are in investing or trading, you are not going to make profits all the time. There are times you will get lose when you see things that happen unexpectedly and won't follow through your plans.But at least you still manage to maximize your profits rather than making losses through the test of time.

[gundala]

              ---. Not all people suffer losses due to carelessness or heavy reliance on luck alone. Some people get trapped in unpredictable and unavoidable circumstances which I am sure you yourself have also experienced. Let us be a bit nicer to the newbies.

most of it is because newbies, do not have the knowledge base to adapt in a volatile crypto ecosystem, so what they want is instant profit, greed, without them knowing that prices can collapse at any time even just because of a tweet. well, although there are many factors that cause it, we must be prepared to lose, no matter how careful we make a market analysis, there are many unexpected factors that make prices move beyond predictions. That's why cryptocurrencies are always full of surprises. If you are ready to win then you must be prepared to lose

[Zedpastin]

I think losses will always be a part of crypto because even how good you are in investing or trading, you are not going to make profits all the time. There are times you will get lose when you see things that happen unexpectedly and won't follow through your plans.But at least you still manage to maximize your profits rather than making losses through the test of time.

Yes I agree that you will not always make profits if you are trading on a regular basis this is always going to be the case when investing in anything that there is certainly something to benefit from being educated in cryptocurrencies and why they are valuable and the pit falls that can happen. Google is good but its only good to a certain point because a lot of sources will be biased there needs to be a a structured unbiased education program which looks to educate those about Bitcoin and trading.

[Hamphser]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Those things you do mentioned above are just simply showing off that you are making your investment here on crypto to be similar to gambling.Dont do any research and any related to that will really in result

into losses or failed investment and we know that this market is just composed of with sellers and buyers which basically means that there would be someone will be profiting and there would be someone

who would losses up their investment and the cycle continues and this is called a market. Once you do step your foot then expect for those instances to happen.

[terciduk123]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

The last point is the most difficult to control. Basically humans have a greedy nature, especially in getting profits, but this trait actually brings humans into losses.
For fear of losing more, sometimes traders cut losses. but when they get a profit they continue to hold it and hope it continues to rise, not immediately taking profits, but when the price of the token is corrected they rush to sell it.

[DPrillio]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Those things you do mentioned above are just simply showing off that you are making your investment here on crypto to be similar to gambling.Dont do any research and any related to that will really in result

into losses or failed investment and we know that this market is just composed of with sellers and buyers which basically means that there would be someone will be profiting and there would be someone

who would losses up their investment and the cycle continues and this is called a market. Once you do step your foot then expect for those instances to happen.

Losing money in crypto is normal but it doesn't mean that we can't gain profit again, crypto currency is volatile and we should learn how to coup up with it and one thing we should bear in mind to always follow a golden rule not to sell our assets at lose.

[mhine07]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

2017 when i start to learn about cryptocurrencies back then bitcoin and etherium are the only cryptocurrencies that i know because my friend told me that. As i am learning about cryptocurrencies i have read some articles about it and that makes me to urge to earn them. At first it is difficult for me because i do not know how to earn and make money from it. I lose some of my earnings because of what i thought is legit ends to scam projects. People lose money in crypto because of ignorance and lack of knowledge about cryptocurrencies.

[btc78]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Because we must admit that this is how online investing goes mate, People inside are only getting news thru Online so either with influencer or with a groups still that is the only way where to learn what to do or trust.

So i believe that it is customary for the whole crypto market to have this wrong beliefs and doings so some will earn while others must lose.
that is how the market goes.

[Kiley33]

Because they did not do any research, they bought and sold coins based on their instincts and bought coins with a few well-known people. Never understood the trend.


Don't put all your trust on celebrity tweets. If the cryptocurrency continues to be profitable, you will not be able to learn the lesson of failure by investing in the cryptocurrency, but do research to gain luck before investing in each token. Don't believe in luck. Learn from every failure.

[jinneas]

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

These are common mistakes made by new users. Many new users mostly choose to invest in cryptocurrencies when they see the benefits, but they don't understand the crypto market and just follow others to buy and sell.
Fluctuations in market prices will also affect their emotions. When they see a price drop, they will feel fear, and they will choose to sell if they are afraid of loss, but they will lose money even more.
Therefore, when investing in cryptocurrency, you must first understand it, learn to analyze market trends, choose to judge the investment currency, and do a good job of risk management. Don't be afraid of normal price fluctuations in the market.

[accounting 181293]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

The last point is the most difficult to control. Basically humans have a greedy nature, especially in getting profits, but this trait actually brings humans into losses.
For fear of losing more, sometimes traders cut losses. but when they get a profit they continue to hold it and hope it continues to rise, not immediately taking profits, but when the price of the token is corrected they rush to sell it.

I agree, emotions are the main problem in crypto trading. emotions are always the determining factor whether we lose or gain. sometimes emotions always control us and make wrong decisions. If only people could be more patient, and make decisions without being influenced by their emotions, I'm sure no one would lose money in the crypto market.

[Keila Faith Villanueva]

the reason is simple. Many new users are attracted because they don't want to work for others, and they can achieve freedom of wealth if they want to be at home. However, intraday trading is under great psychological pressure. Not only will you not be profitable, but you may also ruin some people's lives. This is because they invest blindly and do not understand the market at all. They did not prepare for every investment in advance. They only see the benefits of investing in crypto, but do not understand the industry.

[Caldear]

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

These are indeed the reasons for losing money in the crypto market, and I will make the same mistake.
When many new users start to invest, they will take other people's suggestions and buy some recommended coins, but they don't understand these coins and will still choose to follow blindly.
When investing you must first understand the market situation, analyze the price trend chart, and choose a currency with a longer development time and good security. Choose to buy and sell at the right time according to your own judgment standards, and don't affect your emotions due to market fluctuations.

[Roy Asher]

I think your point of view is quite right. In this parabolic bull market, people will think it is luck. Most people will choose to invest in short-term altcoins. The profits are high and the risks are also high. Some amateur investors blindly hold it. Yes, until you lose everything in the end, the most basic thing to make a profit is to understand the market's trends. The market is constantly changing. Every investor must make a sound plan and be cautious about unplanned matters.

[aioc]

• You still believe that a certain coin will come back from the dead even though you already knew its a scam

The second point is something that will hurt you because you are still denying that you lose money and you don't want to cut loss, so you stuff with coins that continue to lose their value, losing in the market is part of investing because this is part of our maturity as an investor, as you go on you will learn how to cut your losses.

[traderethereum]

Because they did not do any research, they bought and sold coins based on their instincts and bought coins with a few well-known people. Never understood the trend.


Don't put all your trust on celebrity tweets. If the cryptocurrency continues to be profitable, you will not be able to learn the lesson of failure by investing in the cryptocurrency, but do research to gain luck before investing in each token. Don't believe in luck. Learn from every failure.

Some of them can analyze before trading or investing but they can not profit after for some time.
Many traders lose their chance to make a profit because they do not have patient and panic many times when they see the price is drop.
If they can have good control for themselves, they will not panic and always wait for the price moves.
But if they only just follow well-known people without doing analysis, that will be their mistake because they do not know if those people really give the right advice or not.

[Luffygroove]

I think that's a really great conclusion and I myself have seen it, even experience it too lol. Sometimes we really need to make a distance first and taking time for contemplating our mistake then learn from it, some people learn from other's experiences but I don't think that many people can just do it. I learn that we can't just hold coin/token to gain some profit. I learn so hard. We need to see the moment. When the price is so high, let's say it's a bull run just sell it, cause there will come the time of bear run when you can re-buy the same exact amount as you sold and you still got profits. I'm not a short-time trader, I'm waiting for the wave to come to ride it. and that's what I call, momentum.

[virasisog]

People still lose money in crypto due to many factors. Sometimes greed takes over and they take risk investing in new coins since some coins' income sre tempting if you hit a jackpot. Another thing is, crypto market is inherently risky there will always be winners and losers, due to it's volatilty some people will eventually lose money mostly those who had invested during the hype. Weak hands always makes the whales rich, without discipline and experience crypto market will not be a suitable ground for beginners to earn money.

[NeverSop]

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

The current market is not like 2017 but some exaggeration from the media is causing many people to believe and a lot of crap and they follow the community's call blindly. Some people have too much demand for crypto time, they lose money or get Rekt, There are many people who succeed with bitcoin because they know how to mine Hold, anyway, staying too long can be a problem.

[Ararbermas]

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

These are the common mistakes that we had and i agree with that , but i don't know why we can't stay away of being like that even though we still have more chance to correction everything. Wherein we just regrets at the end of the day when we see a bad results. . And just imagine we use to brag and give an advice when someone made a mistakes or complaining when it comes investing and trading, but we can't see our side that we always experience such reason also. Lol.

[viananda2525]

It is normal in any market , we talk about profits there must traders getting loss too. just like we talking about buy in other side must sell and vice versa. So when we discussing why some one still losing money in crypto ,i am sure and confidence they have less knowledge than other traders that got profits in market. so in which part we want ? if we want in profits side we must improve our trading skill.

[Alisha-k]

Losses occurs in all investment although can be reduced if we build on other people's mistakes and do proper research before venturing into any coin. Nothing good comes so easy to gain mastery in crypto investment would possibly take a long time with consistency and dedication

[gabbie2010]

People still lose money in crypto due to many factors. Sometimes greed takes over and they take risk investing in new coins since some coins' income sre tempting if you hit a jackpot. Another thing is, crypto market is inherently risky there will always be winners and losers, due to it's volatilty some people will eventually lose money mostly those who had invested during the hype. Weak hands always makes the whales rich, without discipline and experience crypto market will not be a suitable ground for beginners to earn money.

Greed of becoming rich quickly lead to many of those newbies to lose money in cryptocurrencies, a newbie investor  is expected to research, study and obtain first hand information on a particular coin before investment inspite of the hype or news trending about that coin however majority of them have the perception of earning instant profits once they invested on any cryptocurrencies based on the volatility in the  prices of those coins. No wonder experienced traders or investors will always invest on already established coins like Bitcoin, ethereum, BNB etc these coins can guarantee reasonable profits on a long term investment.

[Mpamaegbu]

• You still believe that a certain coin will come back from the dead even though you already knew its a scam

I'm guilty of that but then that's what it is. I'm baghodling ONZ for a few years now, hoping a miracle would happen 🤷. Well, may be because I have thousands of that token that's why I'm reluctant to accept the fact that it's a dead end. However, I didn't spend any cash investing in it apart from my time and data running the bounty as a hunter. About people investing based on emotion, that's true and I don't think it will be gone any time soon. A lot of investors are too lazy to check where their money is put because they can't afford the stress of research. On Elon, I think anyone who has influence (Elon is financially influential) must have those who contour to them.

[kotajikikox]

• You still believe that a certain coin will come back from the dead even though you already knew its a scam

I'm guilty of that but then that's what it is.

I can feel you there mate lol , maybe it is desperation in my part knowing that some day before i use to trust this coin and bought with my hard earned money that's why i cannot just let it go, and i must admit that until now? i keep on holding on the thought that one day this will woke up from the dead like a zombie 

About people investing based on emotion, that's true and I don't think it will be gone any time soon.

This comes when you don't really know what are you entering and when you still not accepting the thought that this amrket needs investors that can only risk the funds they can let to lose.

[Vishnu.Reang]

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

These arguments are not just applicable with cryptocurrency, but in other markets as well. I have seen my friends incurring huge losses after investing in blue-chip stocks at the advice of self-proclaimed market experts. Also, I have seen people investing in certain worthless stocks, even after their value goes down by 90% or 95%. They think that since these stocks have gone down by so much, eventually they have to go up. But that almost never happens. Even experienced investors can make these sort of mistakes.

[isaac_clarke22]

~

Oh no. Not everyone. Don't just conclude that everybody is investing online just because they are referred though in additional of that there are those MLM schemes inside a group. It happens quite often in Facebook groups from what I can read.
Being driven by an influencer is a no-no, but you gotta be honest that people follow those influencer because they have these hidden desire to be like them OR at least get better than them.

[Koro-Sensei]

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

The first one is probably where new investors knew crypto. Being one of the most richest man in the world could make you really think that he could change your life in just a single tweet. His influence have gone so far that dumbs newbies going wreckless go to where he tweets. Let me add one that I also experience as a newbie in crypto and got me a big loss:

• NEVER EVER FOLLOW A WHALE TG GROUP

[Renampun]

...

your sentence is very good and real what happened...

a few months ago I lost because I invested in one of the defi projects, I was really interested in the ROI they promised as a result it cost me my money. investing in crypto requires strong analysis and also not greed.

[apa don]

There is not enough educational resources out there for investing in cyrptocurrency. There is a ton of information out there on getting started in other sectors of the economy but cryptocurrency is still under developed at least from a educational view point. If we could increase the education to newbies they would not take as many blind risks as they do now.

Yes, it's true, as you think, losing money in crypto is not just happening now, and what is happening now is a serious thing that we have to think about, right.
And at least we have to learn from the failure / loss of money in crypto that used to happen why this all happened.
And try it for those who invest in the crypto market to observe again before the failure / loss of money in the crypto market, and one more thing, the cryptocurrency market is a serious market to invest in.
Be careful now before it's lost.

[iTradeChips]

I think, even the most sound and balanced decision maker can make mistakes in their decision making. We have to admit that not all of us have the capability to make good trading or investment decisions and most of us succumb to our urge to get rich quick and invest to projects that we know might be scams. These scams are largely catering to new players in the market and those who can easily be convinced to work and invest on such schemes.

[Bollexz1]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Truth of the matter is the fact many doesn't necessarily put their faith on crypto as becoming a trader in the Crypto business.

Some just gets in when new token/coin are being launched and gets out by the time it do like 100x or 50x to say the least, and lock in the little profit they might have gained from such project. So in the process of doing this, some ends up in making loss in the hunt of making seemingly little profit for their living.

On the other way round, some buys in bulks and swing trade when the product/project is relatively high by dumping and buy back when the market moves in their favour by dropping the more. But some don't take their time or chances to read about a specific project before jumping into it. So in this scenario, they dump only when they think or see a little dip in the market and expects more dip but unlucky for them some projects backend are just way stronger than their thought or speculation and in the short run hop in back stronger and leave them behind in benefiting  from the huge profit.

KEY POINTS
1. Don't just follow one influencer's speculative ideas.
2. Refrain from following Telegram profit making channel nor group chat.
3. Try to read and understand whatever project you're investing on. (mostly Litepaper/WhitePaper and also understanding their road maps process.
4. Also get engaged in asking questions on any of the project chat group media.
5. Pay attention to investment news.

IMP Don't invest more than you can afford.

[yazher]

The thing is, it's better late than never. Most of the time when people don't get what they want in the early stage they always give up. only a few of them will proceed until they get what they really wanted and I know someone who is one of them. You know what, you are not alone with this kind of experience. I know some people who have already been here since 2015 but they only get their first huge success in the crypto industry last year. Everyone has their own time if they really wanted to pursue what they really want. they can get it or they can get better than what they are expecting.

[tvplus006]

...Some just gets in when new token/coin are being launched and gets out by the time it do like 100x or 50x to say the least, and lock in the little profit they might have gained from such project. So in the process of doing this, some ends up in making loss in the hunt of making seemingly little profit for their living...

It does not always work so that all such investors in new coins get a profit. As a rule, only a small percentage of new projects are subject to the pump, and the rest of the majority stops their work already at the stage of the public sale of tokens. And if someone gets the coveted x100, then this is an exception to the rule.

[taufik0911]

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

The first one is probably where new investors knew crypto. Being one of the most richest man in the world could make you really think that he could change your life in just a single tweet. His influence have gone so far that dumbs newbies going wreckless go to where he tweets. Let me add one that I also experience as a newbie in crypto and got me a big loss:

• NEVER EVER FOLLOW A WHALE TG GROUP

this is absolutely true, actually the first step is to learn and observe not to enter without having a basis
and one more important thing is to make a long-term or short-term choice
Most newbies don't determine the term, that's what makes them lose quickly, besides financial and mental management
I don't stop reminding newbies "get your emotional if you don't want to lose your money or suffer a loss"

[Quantum907]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Many mistakes we make so we lose money, if we actively see the discussion in this forum then we will not get scammed by the project, but this is crypto, everything is possible and loss is not the end but a lesson to be better.

[sergiorus]

one of my friend made a shit ton of money this year but lost almost all gains by getting omega bullish at the top and longing with leverage
many lost a big part of gains by just injecting a lot of fiat at the top too
the final boss of every bullrun is your greed that stops you from taking profits

[cunguks]

one of my friend made a shit ton of money this year but lost almost all gains by getting omega bullish at the top and longing with leverage
many lost a big part of gains by just injecting a lot of fiat at the top too
the final boss of every bullrun is your greed that stops you from taking profits

That's why every investment is important to analyze the market well.
many lose money and even the profits they have earned because they choose the wrong momentum to buy.
but if it is a good moment, you have nothing to fear, the momentum may repeat itself in the future. but it depends on the asset you choose.

[Cling18]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes some things are associated with luck but don't just depend on it.

We'll never learn unless we commit mistakes and it's a good thing that most of us have learned from our previous experiences. To be honest, some events and situations affected our decision-making in the past years and that brought us regrets especially when we followed the hype and listen to other's opinions and manipulation. Losses is actually part of our crypto trading but we should grow and be firm when it comes to dealing with every market situation.

[Lubang Bawah]

Because they did not do any research, they bought and sold coins based on their instincts and bought coins with a few well-known people. Never understood the trend.


Don't put all your trust on celebrity tweets. If the cryptocurrency continues to be profitable, you will not be able to learn the lesson of failure by investing in the cryptocurrency, but do research to gain luck before investing in each token. Don't believe in luck. Learn from every failure.

Mostly because of instinct, as long as they believe, then when someone warns of a scam they don't believe it, especially the role of a public figure who can hypnotize their fans, and I've been hit by a scam project and since then I don't invest anymore.

[monineklutak]

Because they did not do any research, they bought and sold coins based on their instincts and bought coins with a few well-known people. Never understood the trend.


Don't put all your trust on celebrity tweets. If the cryptocurrency continues to be profitable, you will not be able to learn the lesson of failure by investing in the cryptocurrency, but do research to gain luck before investing in each token. Don't believe in luck. Learn from every failure.

Mostly because of instinct, as long as they believe, then when someone warns of a scam they don't believe it, especially the role of a public figure who can hypnotize their fans, and I've been hit by a scam project and since then I don't invest anymore.

Sometimes indeed when we always believe what public figures say we are indirectly hypnotized,
and of course it is clearly detrimental to ourselves,
it's better before trusting people we have to do our own research first so that at least we can get more detailed information

[gurunanakji777]

Knowledge is the key factor in any work. Most of the traders trade on emotions and lose the money and some trade like a gambler such people always lose in the end only those who are successful here who have the basic and fundamental knowledge of the market and always remain calm in the bear market. Even I have learned a lot from the 2017-2018 market So like this every new trader takes time to grow up and become persistent in making a profit. Knowledge and experience both matter and it can not be learned in 1-2 days or a month it takes time and exactly one should not follow anyone blindly whether he/she is an influential person because such persons are only business-minded they will always think about only their profit such people don't care about others so always trust on your analysis.

[Kelvinid]

Many of the people had come to crypto so excited, they never know what kind of investment they take, and no wonder why they suffer such losses on the very first try.

Some have been encouraged by big names or known personalities to invest in crypto. It is sometimes we got manipulated because we think that they could help us and we can expect their story was true. However, we are blindly not to see their traps and catches us.

Investing in something that we don't know or familiar with, is just like we are spending our money for nothing. It can never be like this if we are smart and wise to make decisions.

[TopTort777]

Greed is the only factor why people loose money. This is obvious for decades. Cryptocurrency is just one of examples of greed. All the other factors mentioned here are just consequences of greed. Sad thing is, people will never get rid of greed. They will always be envy for something and will try to get the same with minimum cost.

[el kaka22]

There is nothing we can do about the people who end up losing money, they just do not wait. I mean think about it, if you buy bitcoin and wait, eventually you will profit ONE day, who knows when but it will happen but it WILL happen, that much we all know. This is why I do not think that we should be doing anything special, just wait and you will profit, any person who "loses" money in crypto is a person who buys at higher price and then sells at a lower price, because they are worried or something and that is the problem, I mean the reason could be whatever but if you buy higher and sell lower than you are not doing it right at all.

Bitcoin is a place where the profit is literally guaranteed, all you have to do is just buy and wait, it will reach to a higher price one day, maybe in an hour, maybe in few years but it will happen which is why anyone who loses is making a mistake.

[ninkdwi]

This is why we have to learn little by little, don't just rely on other people like billionaires or pumps who will eventually mislead yourself, at least you have to learn from what you've experienced.
if you always rely on things like you said in your thread in the end what happens you will not have significant progress so it becomes monotonous and runs in place.
try to learn from the mistakes you have experienced make it an experience and if you are still complacent with things like following other people and just following your instincts you have to start gradually doing your own research even if you still make mistakes it's okay because you are still in the learning stage and the longer I'm sure you will get used to it and will understand here.

[devil2man]

generally we learn from our mistakes and try not to repeat them plus those who were already active in 2017 know how the market trend works, good traders manage to make gains in both directions of the market, we must not follow our own instinct and the various gurus of the market we just have to follow the charts and act coolly

[ene1980]

The first one is probably where new investors knew crypto. Being one of the most richest man in the world could make you really think that he could change your life in just a single tweet. His influence have gone so far that dumbs newbies going wreckless go to where he tweets. Let me add one that I also experience as a newbie in crypto and got me a big loss:

• NEVER EVER FOLLOW A WHALE TG GROUP

All you hear from these so called whale groups is to shill for the projects they take money, everything is promotion in the market and these groups will take couple of hundred bucks to shill your project and if it is a big group the amount will increase accordingly and never ever take anyone else's advice and invest money.

You need to do your own research and the problem i see in the cryptocurrency market is that everyone learns after getting these lessons and not even think about logic before falling into these traps.

[tabas]

generally we learn from our mistakes and try not to repeat them plus those who were already active in 2017 know how the market trend works, good traders manage to make gains in both directions of the market, we must not follow our own instinct and the various gurus of the market we just have to follow the charts and act coolly

Not all of those that are making mistakes learn from those. It's really hard to learn those mistakes if you're not willing to learn the lesson that you got from there.
Instead, you're making yourself work on that matter without realizing that you need to be calm at most times when you're in the market because such emotions will pull the trigger that shall make you lose more.

[milewilda]

generally we learn from our mistakes and try not to repeat them plus those who were already active in 2017 know how the market trend works, good traders manage to make gains in both directions of the market, we must not follow our own instinct and the various gurus of the market we just have to follow the charts and act coolly

Not all of those that are making mistakes learn from those. It's really hard to learn those mistakes if you're not willing to learn the lesson that you got from there.
Instead, you're making yourself work on that matter without realizing that you need to be calm at most times when you're in the market because such emotions will pull the trigger that shall make you lose more.

Acceptance is the key because if you do that then you would definitely learn from that and its true that not all would really be having that realization if they do just simply ignore or turn
their backs on the market and doesnt accept about their mistake that had done. Losing money is inevitable because there is no such thing about being a perfect investor or trader.
Thing here is that you should know on how to sustain yourself into the market in longer runs.Try out lots of methods and this would involved lots of trials and errors.
You should suppress the risk as minimal as possible.

[Fredomago]

Acceptance is the key because if you do that then you would definitely learn from that and its true that not all would really be having that realization if they do just simply ignore or turn
their backs on the market and doesnt accept about their mistake that had done. Losing money is inevitable because there is no such thing about being a perfect investor or trader.
Thing here is that you should know on how to sustain yourself into the market in longer runs.Try out lots of methods and this would involved lots of trials and errors.
You should suppress the risk as minimal as possible.

If you managed to accept the things that you missed, failure will help you to build much stronger foundation. You must realized that there's no perfect strategy with this kind of volatility.

Just try to move forward and learned from those mistakes, use it as good basis when you are trying to place your investment again.

Go and choose to continue if you know inside you that in the long run you'll going to established good system to have a much better
chances to earned from your investment.

[South Park]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Your last sentence is key, people are depending on their luck in order to make money from the markets, they do not want to make any effort or spend any time doing their due diligence, they only care about the profits they can make and nothing more so they invest in the coin with the most hype and they think they will make a fortune, are there examples of people doing exactly that and earning a lot of money? Of course, but what they do not tell you is that the majority that did that lost all their money, and now it does not matter if they learned their lesson as they lost all their capital.

[tabas]

generally we learn from our mistakes and try not to repeat them plus those who were already active in 2017 know how the market trend works, good traders manage to make gains in both directions of the market, we must not follow our own instinct and the various gurus of the market we just have to follow the charts and act coolly

Not all of those that are making mistakes learn from those. It's really hard to learn those mistakes if you're not willing to learn the lesson that you got from there.
Instead, you're making yourself work on that matter without realizing that you need to be calm at most times when you're in the market because such emotions will pull the trigger that shall make you lose more.

Acceptance is the key because if you do that then you would definitely learn from that and its true that not all would really be having that realization if they do just simply ignore or turn
their backs on the market and doesnt accept about their mistake that had done. Losing money is inevitable because there is no such thing about being a perfect investor or trader.
Thing here is that you should know on how to sustain yourself into the market in longer runs.Try out lots of methods and this would involved lots of trials and errors.
You should suppress the risk as minimal as possible.

Right, sustain yourself in the market with the best that you can. You need to adopt the sequences and patterns that the market shows because if you're not too adaptable with it.
You'll be left behind by the market and you'll just keep on losing because you don't know how to make yourself a favor by learning the market. Especially, the coins that you hold.

[btcltcdigger]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

You forgot greed.
Many people hear stories of overnight millionaires from shitcoins, and of course, they want that as well.
So they invest in everything that pops up, praying one will be a winner.
SPOILER ALERT, it will not

[adzino]

They are losing because they are selling or they invested in a shit coin.

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

1. You can follow a person, but follow them blindly, you will most likely be mislead.
2. Lol, if it's already dead, then what's the use of selling it. Just keep it with you. Will constantly remind you of your mistakes. And yeah, they deserve it. They knew it was a scam, yet they still invested to make quick profit.
3. Instinct sometimes help...
4. You can't just delete your emotions. I find it very weird when people starts to blame emotion for everything.

[DarkDays]

The thing about crypto is that if you don't know where and what you're getting yourself into you can lose money easily despite the market conditions.

This is mainly due to the increase in scams, and people being naive.

This is exactly why at times when the digital era is so prominent giving rise to these internet opportunities for making money, one must be extra prudent when surfing the net, special care to be taken when connecting wallets to sites and sending money to ensure the receiving address is the one intended to send the funds to.  If on the wrong platforms these could all be pitfalls.

[Hypnosis00]

The sad reality about trading is that not all are meant to become a trader. And those who ever tried and quit because they don't understand as simply telling us that they are not worth to become a trader as well. Unfortunately, they lose their money because they underestimate this thing which we know that there is no easy game in trading and every wrong decision we've made corresponds to losses.

Aside from that,
*passion
*pretending knowledgeable already
*overconfident
*greedy

[arifteguhr]

generally we learn from our mistakes and try not to repeat them plus those who were already active in 2017 know how the market trend works, good traders manage to make gains in both directions of the market, we must not follow our own instinct and the various gurus of the market we just have to follow the charts and act coolly

Yes, calmness in acting is really necessary under any circumstances, because in 2017 many people have become rich in crypto and in 2018 many people have become poor in crypto, so it's all about conditions and how to take a stand at all times.

[bitzizzix]

Every investment or related to profit will not always run smoothly and losses, mistakes, carelessness and so on will surely be passed or felt which will be a very valuable lesson to be learned.
although sometimes repeated, don't give up easily but have to be creative to really fix it, it takes intelligence from everything that happens to assess and understand it well before doing it, and also must really have enough knowledge and mastery, especially in research and also find the best and accurate information.
Emotions are bound to be there because of the increasing fear of loss that makes hasty decisions that actually happen are natural, and whatever happens will be a lesson to be better.

[Liamttw]

Most of these investors buy cryptocurrencies to make money without analyzing the price trend of the crypto market. They generally choose to buy and sell currencies through other people's recommendations, rather than making choices based on their own unique judgment.
Price fluctuations in the market can also generate market sentiment and make wrong judgments.

[Connor Britton]

Because they trust their own intuition and buy this coin when they feel it is good, they don’t know much about it, they don’t accept their investment failure, they panic when they see negative news, they sell their cryptocurrency, they are unwilling to face it, they don’t have the courage, we need to find a way through our mistakes.

[lizarder]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

I think the characteristics of successful people are not relying on only one opinion, meaning that if we only rely on one reference in pursuing what we want to do, then we are likely to fail again, but I think it is better to have failed and then we fix that failure.
when you and I put our trust in Elon Musk for example, why don't we give that trust to other people too, as an alternative for us to make comparisons.
when we get a lot of references and comparisons, automatically there are also many sources that we can study perfectly, so we don't always experience the same failures.

[inanilujimi]

because of uncontrollable emotions that make a decision only based on emotions without thinking clearly.
there is also the factor of investing in hot money that it is not appropriate to invest in crypto given that this market is highly volatile.

[Xinarae*]

because of uncontrollable emotions that make a decision only based on emotions without thinking clearly.
there is also the factor of investing in hot money that it is not appropriate to invest in crypto given that this market is highly volatile.

Investing in crypto requires controlling your emotions to make the right decision you need to do market analysis. Then it will be understood which currency is good for investment and has the potential to rise to the top traders are losing money for not choosing the right currency.

[Benefactor]

They don't Google, substantially less read, before they put resources into a specific undertaking or coin. It is sufficient for them that a specific coin is advertised via online media. Be that as it may, some portion of us just perceives the outcome and doesn't take a gander at the interaction to make it, which is the justification numerous issues like insatiability and loss of mental control.

[_MrTuyul404]

Initially I knew crypto 2017 but at that time I was just an airdrop and bounty hunter, I started trading recently and sometimes I win sometimes I lose, not necessarily people who know crypto from 2017 will always profit, because we will not know ups and downs price
but I agree with your suggestions, thank you

[Dread Pirate Roberts]

The important thing is to stay consistent. if you mention 2017 if someone is consistently in the market and doesn't leave, they will definitely make a profit, and the gap is from that time until now its really high. people should be consistent exist on market even on loss position thats what make people on crypto market still survive.

[lepbagong]

Initially I knew crypto 2017 but at that time I was just an airdrop and bounty hunter, I started trading recently and sometimes I win sometimes I lose, not necessarily people who know crypto from 2017 will always profit, because we will not know ups and downs price
but I agree with your suggestions, thank you

from the start I was more focused on the same as you, which was only participating in airdrops and bounty hunters, and just started trying in 2018 to trade, because the bounty hunter and airdrop situations did not seem to be supportive compared to 2017. so it's only because of the compulsion to follow the trade, and indeed as in general I don't dare to do it with big values because until now I haven't reached a meeting point to be able to do it very well.
I'm still trying to learn because % what I get is more in a losing position than a profit, but I will continue to try to improve and learn a lot.

[fullhdpixel]

Greed is the only factor why people loose money. This is obvious for decades. Cryptocurrency is just one of examples of greed. All the other factors mentioned here are just consequences of greed. Sad thing is, people will never get rid of greed. They will always be envy for something and will try to get the same with minimum cost.

Agreed. Been hearing that for a long time, but unavoidable truth. I relate your words, greed is the biggest enemy before pocketing profits. Due to greed most of us losing the opportunity pocketing big cash but indeed few bucks they only accumulate. Today seemed like a good opportunity to add more ETH and BNB. So, grow our portfolio, not a time to panic.

I believe there is a great chance that greed may have caused people who trade to lose that is true but the high volatility with being newbie ends up not being that much of a helper neither.

Think about it bitcoin is not doing something easy to handle with prices going from 10k to 60k to 30k those are HUGE moves, and nobody is really used to something like that, it is basically something that is impossible to see in history, you do not see things go up and down this much this fast this commonly and this frequently, sure there have been times when things went up and down a lot but not this many times in a row, it just happens once or twice at best. That is why I believe it is a big deal and I would definitely believe that even people who are veterans of crypto world end up being not prepared for something like this, that is at least what I believe, maybe I am wrong.

[ansarose1]

I think one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment. He doesn't know any single thing on what he's going to invest such that he only chooses coins or alts that he hopes it could give him a good profit in the future, then in the long run it cannot give him any profit and by that he tries another opportunity similar to that. Repeating cycle to lose for investment.

[Mahanton]

Greed is the only factor why people loose money. This is obvious for decades. Cryptocurrency is just one of examples of greed. All the other factors mentioned here are just consequences of greed. Sad thing is, people will never get rid of greed. They will always be envy for something and will try to get the same with minimum cost.

Agreed. Been hearing that for a long time, but unavoidable truth. I relate your words, greed is the biggest enemy before pocketing profits. Due to greed most of us losing the opportunity pocketing big cash but indeed few bucks they only accumulate. Today seemed like a good opportunity to add more ETH and BNB. So, grow our portfolio, not a time to panic.

I believe there is a great chance that greed may have caused people who trade to lose that is true but the high volatility with being newbie ends up not being that much of a helper neither.

Think about it bitcoin is not doing something easy to handle with prices going from 10k to 60k to 30k those are HUGE moves, and nobody is really used to something like that, it is basically something that is impossible to see in history, you do not see things go up and down this much this fast this commonly and this frequently, sure there have been times when things went up and down a lot but not this many times in a row, it just happens once or twice at best. That is why I believe it is a big deal and I would definitely believe that even people who are veterans of crypto world end up being not prepared for something like this, that is at least what I believe, maybe I am wrong.

Lots of factors that do result on losing money

1. Greed
2. Lose control
3. Impulsive emotion
4. Impatience
5. Lack of research
6. Desparation
7. Hurrying up to make money
8. Lack of experience

Try to control at least these factors and you would really see some progress for yourself.

[senyorito123]

We can't deny the fact that losing is one way of developing our self confidence, and when we trade our knowledge is only dependent on how we accept the fact that at least we can afford what we're going to lose. Once we lost our capital and profit, that's the time learning process will happen. You can't be a good trader if you don't lose, I myself don't just lose financially but also more opportunities .

[Coroline]

I think one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment. He doesn't know any single thing on what he's going to invest such that he only chooses coins or alts that he hopes it could give him a good profit in the future, then in the long run it cannot give him any profit and by that he tries another opportunity similar to that. Repeating cycle to lose for investment.

Crypto assets include commodities that have fluctuations in value that can go up and down at any time so that people must understand from the start the potential and risks before making crypto asset transactions. Generally, many investors enter because of speculation and having fun to seek greater profits. However, there are also those who enter because they follow what is currently busy and becomes a trend.

The characteristics of investors who are limited to joining in, of course generally do not really understand how it works or the characteristics of the investment assets. So, investing is more encouraged because you want to participate in getting high returns, in the end it is speculative.

[Ziskinberg]

And why some people are still losing?
They don't know what kind of market they entered. They are not prepared and for sure they are too emotional like they think that there is easy money in crypto.

We can't deny the fact that losing is one way of developing our self confidence, and when we trade our knowledge is only dependent on how we accept the fact that at least we can afford what we're going to lose. Once we lost our capital and profit, that's the time learning process will happen. You can't be a good trader if you don't lose, I myself don't just lose financially but also more opportunities .

I hope it could be that way because base on my observation, this is the reason why many had left from crypto and raising their complaint.
This is absolutely a huge opportunity for those who want to take the risk and have a strong determination, but for those who are weak and don't understand the market, this will be a disaster for them.

[nurilham]

one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment.

You are right, many people just invest in a crypto coin without serious research about it. People commonly just check about the price history, they are interested to buy if the graph showed them it is at the bottom price point. They forget to check the development, programs, and current issues about the project. Whereas, it is a very important thing because it is a fundamental factor. If there is something wrong happened in the project, the token price can be falling drastically and hard to go up again.

[NicNacCoin]

Crypto investment always risky and uncertainties, only experienced and expert person can gain something better that we think. When I was a fresher investor ans didn't know anything about cryptocurrencies market and exchange,then I lost several times my all investment money. But now I sometimes get profits than losses.

[smyslov]

Actually, it's not some but almost all of us are losing money, the market is highly volatile, there is no guaranty that these start-up projects are going to continue building their project, there's always been an issue of developers giving up their projects and investors left with a useless token in their wallet, so even if your coin is already in the market don't be so sure that all will be well.

[lixer]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

There is a saying that goes that everything is not meant to be easy, if it’s easy, then it becomes a child’s play.That’s why it’s very important for people to work hard and also think smart. I have not seen anyone that got on cryptocurrency and had it so much easier. No, they had to work really hard before they could achieve anything from it.

It is all about hard working, and you have to be researching, and make use of both fundamental and tech analysis to predict the market. You shouldn’t be relying full time on analysis that are being made by other people. It’s not bad to take ideas from others, but you still research by yourself and know whether it is right or not.

[KaliLinux]

We can't deny the fact that losing is one way of developing our self confidence, and when we trade our knowledge is only dependent on how we accept the fact that at least we can afford what we're going to lose. Once we lost our capital and profit, that's the time learning process will happen. You can't be a good trader if you don't lose, I myself don't just lose financially but also more opportunities .

I do accept the fact that losing is part of the system and do help to develop self-confidence but it doesn't necessarily have to that you have to lose your capital/profits for you to now understand that your learning process has started. People that have been in the space for so long can still and do still lose money fund in this crypto space, do we now say that they still haven't learned? We just have to understand that this can happen especially if you are a trader as it is part of the game.

[john1010]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Thats is the natural life in crypto trading someone may lose for somebody's gain, crypto is not depend on luck, it is a product of continues learning and study, we should know the movement and the technicality of the market.

[indah rezqi]

My experience in carrying out activities in Crypto, is only guided by the concepts of profit and loss, opportunity and risk. Even if I see and consider suggestions from other people in particular like the one you mentioned namely Elon Musk, it's just part of another consideration to strengthen my thoughts.

[sukmo]

Clearly the ugliness written above occurs because a person does not want to learn and understand a valuable lesson in his life.
Investing with cryptocurrencies does carry a great deal of risk as well as profit.
It all depends on each individual in addressing and learning from the experiences that have occurred.

[Wong Gendheng]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

I'm sure almost everyone knows about it, but mistakes keep being made, most investors don't have the patience to find clear information with their projects and they just relying on luck. This is the benefit of the forum so that we can share experiences and remind each other.

[MarjorieZimmermanGinger]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

There is no struggle without being fought even though we are speculating in the market, there needs to be a method in achieving a process, so that what we are pursuing does not look in vain. Knowing the market first is very important after that, then we learn which coins we will invest.
we need the right pattern when we buy a coin, analysis of the purchase price, selling price and don't forget to monitor the graph, after that we also need to see the condition of the coin we are investing in, whether the coin is in trouble or the coin owner is having difficult times or not

[bison]

Crypto investment always risky and uncertainties, only experienced and expert person can gain something better that we think. When I was a fresher investor ans didn't know anything about cryptocurrencies market and exchange,then I lost several times my all investment money. But now I sometimes get profits than losses.

Not only crypto investments are risky, any form of investment has its own risks, and it is true that experience is the main factor needed by an investor, let alone investing in crypto.

[ILuckyGuyI]

These are good reasons for people to lose really much money in cryptocurrencies. I don't understand even people who are acting according to some investment advices. Even if Elon Musk gives an advice about it, I wouldn't apply it blindly. This is a volatile market. You shouldn't trust anyone but yourself.

[BlinkInDie]

Some are new(FOMO'd), some are paper hands - easily get shocked by shared FUD. And most importantly, not setting up their goal.

I would suggest for those people to stop looking at the price every day. Instead, they can explore some entertaining things like DeFi games where you can play to earn. AXIE and TLM are ones strong right now. Also, $ANRX who will launch their soon

[sammy21]

Because they trust their own intuition and buy this coin when they feel it is good, they don’t know much about it, they don’t accept their investment failure, they panic when they see negative news, they sell their cryptocurrency, they are unwilling to face it, they don’t have the courage, we need to find a way through our mistakes.

analyzing and understanding what we are going to use as an investment is something that must be done, as you said that many people who are original and don't really know what they are buying then panic when they hear negative news, even though this should be a lesson for us in invest in the future in order to reduce the possibility of existing losses.

[iTradeChips]

Imagine all the beginners in crypto being excited for the first time in their lives, the possibility of wealth that they cannot imagine. Unfortunately, they only get their crypto learning from a social media group or worse from one beginner as well. That is already a sign that you need to prepare for a long bearish period. These beginners will not have any knowledge at all about crypto and will panic sell at a big loss if shit hits the fan. We will never be able to save them. That is why knowledge is power.

[sherenikaw]

There are many reasons why people can lose a lot of money in crypto, in essence all that can happen in the crypto world, namely losses as well as profits. What is expected is profit, so we can be more careful and more vigilant. When entering the crypto world, it would be better if we also understand the consequences that can be obtained so that we can understand more and be careful. Many people rush into making decisions or are not careful enough that they lose their money. That's why we can't expect instant profits in the crypto world. But if we want to continue to learn and practice the benefits can certainly be obtained. Its all depends on how we can learn and manageour asset well.

[campusnet]

Imagine all the beginners in crypto being excited for the first time in their lives, the possibility of wealth that they cannot imagine. Unfortunately, they only get their crypto learning from a social media group or worse from one beginner as well. That is already a sign that you need to prepare for a long bearish period. These beginners will not have any knowledge at all about crypto and will panic sell at a big loss if shit hits the fan. We will never be able to save them. That is why knowledge is power.

many newbies who only understand the crypto market will profit quickly. and coincidentally their moment comes also right when the bull market. they are happy with their initial investment which makes a profit. and tried again but was unlucky to be stuck in a bear market.
that is why there is a real need for learning to know better how crypto assets and markets work.

[flagpara]

Actually, who wants to spend their whole day doing research! Only a few people can do it, but the rest of people follow famous people's tweets as our trend history. We don't know which altcoins will be revealed as a scam project but we know most of the new projects will be scams. Now a lot of opportunities have for old coins. Why do we have to do more research on new altcoins?

[Koro-Sensei]

The first one is probably where new investors knew crypto. Being one of the most richest man in the world could make you really think that he could change your life in just a single tweet. His influence have gone so far that dumbs newbies going wreckless go to where he tweets. Let me add one that I also experience as a newbie in crypto and got me a big loss:

• NEVER EVER FOLLOW A WHALE TG GROUP

All you hear from these so called whale groups is to shill for the projects they take money, everything is promotion in the market and these groups will take couple of hundred bucks to shill your project and if it is a big group the amount will increase accordingly and never ever take anyone else's advice and invest money.

You need to do your own research and the problem i see in the cryptocurrency market is that everyone learns after getting these lessons and not even think about logic before falling into these traps.

I followed one whale TG group with more than a million follower. They have a scheduled pump and the coin will be announced promising a x3 to x4 return. I saw their last pumping session and I was convince. I was so dumb that time and still a newbie greedy for that promise. That night, I lose half of my savings. I just hope any newbie who read this will avoid these groups.

[Kimonoe]

Actually, who wants to spend their whole day doing research! Only a few people can do it, but the rest of people follow famous people's tweets as our trend history. We don't know which altcoins will be revealed as a scam project but we know most of the new projects will be scams. Now a lot of opportunities have for old coins. Why do we have to do more research on new altcoins?

right, if you really want to invest, I think it's clearly seen on coinmarketcap, we can choose coins in the top rankings. without research that sometimes makes us dizzy. sometimes a new project just makes a good proposal so there is no real development of the project, sometimes even no real product that leads the project to hype

[Investo20]

Many people is new also. I mean not completely new but haven't seen the 2017 ups and downs.
And those who seen it but still loosing money they are emotional treader, they follow want others days instead of doing own research, they follow signals instead of learning and applying TA and FA. They want the short cut. Don't want to go deep in this field.
Most importantly their Emotions are so up on them that they do not want to believe the reality.

[Argoo]

Imagine all the beginners in crypto being excited for the first time in their lives, the possibility of wealth that they cannot imagine. Unfortunately, they only get their crypto learning from a social media group or worse from one beginner as well. That is already a sign that you need to prepare for a long bearish period. These beginners will not have any knowledge at all about crypto and will panic sell at a big loss if shit hits the fan. We will never be able to save them. That is why knowledge is power.

In our world, there is a universal law of conservation of energy, which should also work in the cryptocurrency market. Cryptocurrency does not produce tangible assets. Market participants invest in it and convert it to fiat. If someone made a profit, then someone must lose their money. If everyone only made a profit from working with cryptocurrency, then it would seem like magic. However, we no longer believe in fairies and wizards. Therefore, newbies most often make mistakes and lose their money. This is all logical and normal.

[Kunnu]

Obviously before investing in any project a deep research is very important we must not fall in mouth publicity in cryptocurrency space unfortunately this is happening these days people are being greedy and falling in hype and loosing their hard working money  especially new people they want to become rich overnight which is absolutely impossible nobody can become rich overnight it's all take time, patience and own understanding.

[nomenclatur]

because many are eager to get a lot of profit so many people lose money they do not think to take enough profit so as not to lose FOMO can also be detrimental because they can lose more who lose their money if many are provoked when bears markets occur this will make prices coins go down and of course will be able to get bigger losses it is very risky when the market is experiencing a downward trend as it is today.

[seleme]

Long story short: Because of the emotions: greed and fear. The more we want the more unnecessary risks we take and losses grow every week. Unless there is a trading opportunity I never force myself to make money on the low timeframes and push my luck. It is greediness expecting market will move based on your trading decisions. Without having a emotional control over the market trades, it is hard to get profit in the long term market movements. Day trading carries so much risks, only newbies will go for scalping on the lower timeframes but some professionals have enough tools,paid platforms to chase low prices on 5 minute timeframe.

[coin-investor]

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Not only time but also getting all the information from the right sources, some new investors are asking on telegram channels a place where there are a lot of scammers, it takes time to learn how to invest in Cryptocurrency because of the very high volatility, but you also need to get all the info on the right sources, it's not all about making money but also learning it right.

[kaka manteng]

Losses occurs in all investment although can be reduced if we build on other people's mistakes and do proper research before venturing into any coin. Nothing good comes so easy to gain mastery in crypto investment would possibly take a long time with consistency and dedication

[monineklutak]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

many of them still don't understand cryto, they plunge into the world of trading in several markets only buying and selling when the price has gone up, when the price has gone down many don't understand how to trade, so they are desperate, generally everyone sees the final result and doesn't want to follow the process and learn from the basics to be proficient in trading, to be successful you have to fight well and don't rush into making decisions.

Most novice traders only think about instant profits and of course that kind of thinking is wrong,
in the world of cryptocurrency everything is interrelated and need to learn to understand it,
what is clear is that it is not easy to make a profit if it is easy of course everyone is already rich

[dhemasm]

Most novice traders only think about instant profits

It's normal i suppose since some people see crypto as quick-rich scheme but that was wrong, Crypto market was fluctuate and everything can happens in short time neither dump or pump, The Profit was high and of course the risk too, Some people still didn't understand about this atleast the basic, I'm not say i was right since personally i also still get some loss on the market but people need understand the basic of crypto market, Well i hope some fellow people can aware of this things.

[bamb]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

I think if you have a plan and stick by your plan which require a lots of discipline,  you can stay focus and not be distracted by influencer. The outlook of getting more profit from your investment should not be driven by fear or greed,  rather,  it should be based on sound information based on intelligent outlook of the said investment!

[shoreno]

Many people buy after the tokens have risen， sell after falling. Simply give your own funds to others

its dangerous to enter in a moving train but they need to wait for that train to stop before they get in.  selling when the price is falling is another strategy because that is to prevent you from loosing further and it works best if you believe that you invest in a low quality coin .  

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes,

losses are fine if we are earning because we cannot accurately predict whats going to happen in this market but if it was all looses that you get you need to correct it as soon as possible if you dont want your losses to grow big.

[SacriFries11]

They loose money because of lack of knowledge. Those who have not researched about cryptocurrency. So when there are market crashes, they seem to panic immediately, they sell their investment at a loss. They don’t know how risky and volatile the cryptocurrency world is. That is why you need to know the value of your investment.

[zachyboy090118]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

All advice said this already but this the most important thing to be considered here in crypto world, study ang familarize it because once you put investment without knowing what going through your wasting your money. Movement of cryptocurrency is very hard to predict especially the movement in it to the marketplace.

[Tigerheart3026]

the biggest mistake of my life in crypto is that i was hold 90 percent of my assets in 2017 despite seeing the market is bull run. it's a failure to control my emotions.

in every single asset we need to set target profit when it will reach then decide to sell in right moment. personally i don’t follow no one even elon musk is shit because he just shilling doge coin.

[Rakeshten]

The main reason is that people don't research before investing any coin they follow tweets or people that are only interested in their own profit and the main thing for getting profit in crypto is right time entry. People always take entry at a high price than get loss.

[Malam90]

I have faced huge losses after 2017 collapse and taken lesson not to invest in shitcoins. Then i follow others as OP have advised not to follow others in investment. Now i am more conscious in investment. I invest only coins and tokens that have solid foundations and strong team, already famous in crypto world like top coins. It ensures me little profits comparing to shitcoins but shitcoin once vanishes it losses whole capital.

[Slash61]

I have faced huge losses after 2017 collapse and taken lesson not to invest in shitcoins. Then i follow others as OP have advised not to follow others in investment. Now i am more conscious in investment. I invest only coins and tokens that have solid foundations and strong team, already famous in crypto world like top coins. It ensures me little profits comparing to shitcoins but shitcoin once vanishes it losses whole capital.

The worst market crash was actually in 2018. but if you say 2017 momentum I believe you should be in the best market at that time.

but with your own experience, you should not fall into the same mistake.
my advice, manage your psychology well. it's not just for making decisions. This helps us not to be bothered by photos or offers on social media that are currently crazy. There are many impromptu meme project promoters on social media. it's very annoying.

[bryant.coleman]

I have faced huge losses after 2017 collapse and taken lesson not to invest in shitcoins. Then i follow others as OP have advised not to follow others in investment. Now i am more conscious in investment. I invest only coins and tokens that have solid foundations and strong team, already famous in crypto world like top coins. It ensures me little profits comparing to shitcoins but shitcoin once vanishes it losses whole capital.

Everyone makes mistakes. The most important thing is to learn from those mistakes and not to repeat them. Back in 2013, I lost almost 75% of my coins to various scams and ponzi schemes. But I never gave up. I made sure that I don't repeat the mistakes that I did. And now I am in a very comfortable position because of those decisions. I would have been a millionaire if I had held on to the coins from 2013, but there is no point in regretting about the past actions. But it pains to see so many people making the same mistake that I did once.

[South Park]

I think one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment. He doesn't know any single thing on what he's going to invest such that he only chooses coins or alts that he hopes it could give him a good profit in the future, then in the long run it cannot give him any profit and by that he tries another opportunity similar to that. Repeating cycle to lose for investment.

This is one of the main problems with those people that call themselves investors but that do not do any of the things true investors do, an investor that actually does his job knows beforehand if the asset in which they are investing has any chance of becoming profitable as they made an extensive reached about the projects in which they were interested, while most people never do anything like that and just hope they selected the right project which is a bad idea taking into account the number of projects that are scams in this market.

[Viscore]

I think one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment. He doesn't know any single thing on what he's going to invest such that he only chooses coins or alts that he hopes it could give him a good profit in the future, then in the long run it cannot give him any profit and by that he tries another opportunity similar to that. Repeating cycle to lose for investment.

This is one of the main problems with those people that call themselves investors but that do not do any of the things true investors do, an investor that actually does his job knows beforehand if the asset in which they are investing has any chance of becoming profitable as they made an extensive reached about the projects in which they were interested, while most people never do anything like that and just hope they selected the right project which is a bad idea taking into account the number of projects that are scams in this market.

Some investors too easily believe in their own instinct so they jump easily into buying altcoins without even doing a good research first. This mostly ends up into losing. While other investors too also believe from the advices of others because that certain advice works for them but when you do it yourself, you still end up losing. This just means that the thing that might work for others might not work for you so better DYOR in everything we do.

[Ziskinberg]

There are people who buy a coin to trade as soon as it comes on the market. They don't do special research on the coin. This happens more often in their case. They should buy the coin after researching.

The main reason why they lose is due to a lack of knowledge in trading, even if they buy a good coin, but if they see the price dump like the current situation, they might easily panic as it does not meet their expectation. That's the problem of the newbie investors and whales are talking advantage on that reality, whales can manipulate the market because of them, they panic when the price dump, they ride the hype when the price pump.

[Ryker1]

There are people who buy a coin to trade as soon as it comes on the market. They don't do special research on the coin. This happens more often in their case. They should buy the coin after researching.

The main reason why they lose is due to a lack of knowledge in trading, even if they buy a good coin, but if they see the price dump like the current situation, they might easily panic as it does not meet their expectation. That's the problem of the newbie investors and whales are talking advantage on that reality, whales can manipulate the market because of them, they panic when the price dump, they ride the hype when the price pump.

Well, that is the problem because in trading --not everyone will be able to get profit some of them also get lose and that is the fact here.
The problem of them is thinking that trading is just easy of making money and they don't actually think it needs technical knowledge and fundamental skills in order to read the situation of the market very well. When it comes to whales, they are always making a loophole that the newbies fool into their trap by easily get a profit --but the fact you are not. No doubt that there are some people who keep losing their money.

[BayAngelo]

THE crypto trading space is meant to function that way. it is a market place. some buy low and sell high while some buy high and sell low. another man's high can be your low and another man's low can be your high. the market is unpredictable and no matter how expert you are, you are susceptible to loss. it is obvious that you can loose your money anytime.

[hidingyou]

This has become a curse for those who never take lessons from what has happened in the past.
after all, crypto has produced many millionaires, so if there are people who feel crypto is a disaster then he is one of the people who are cursed by crypto because they don't want to learn from their mistakes.

Yeah I agree with you but the truth is there's so many ways why they still hoping because of wealthy even once. Just like me I'm still hoping that's why I'll never surrender.

[campusnet]

This has become a curse for those who never take lessons from what has happened in the past.
after all, crypto has produced many millionaires, so if there are people who feel crypto is a disaster then he is one of the people who are cursed by crypto because they don't want to learn from their mistakes.

Yeah I agree with you but the truth is there's so many ways why they still hoping because of wealthy even once. Just like me I'm still hoping that's why I'll never surrender.

it's because most of those people don't want to learn. they only come for a loss. therefore even if they get losses they will come when the hype happens again and enter for losses back.
when they don't want to learn then everything will repeat itself over and over again until their money may actually run out.

[Qirtov]

maybe some of them have not been able to know and understand the mistakes that have been made in the past so it will be difficult for them not to repeat these mistakes, but it should be remembered that the benchmark for the existence of losses is very important to prevent big risks that could take coins just like that so that we experience a large enough loss. Therefore, those who have fallen must be able to examine what went wrong so that it does not happen again.

[Morning honor]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Maybe its because some are still in the stage being new in engaging the world of crypto and didn't understand yet process on how to get into it and what should be done in the crypto market and to community.

[no-ice-please]

THE crypto trading space is meant to function that way. it is a market place. some buy low and sell high while some buy high and sell low. another man's high can be your low and another man's low can be your high. the market is unpredictable and no matter how expert you are, you are susceptible to loss. it is obvious that you can loose your money anytime.

Another thing is, many people only follow crypto when the trend is positive, so most of them buy coins at high prices. after all, they think that the crypto world is just a moon train. they forget that it is a roller coaster that can go up and down at any time. because they are not ready to take the risk, many of them sell when the price drops.

That's a very good point and probably one of the main reasons for those who lose money that they do actually lose money in the beginning. Another reason is that we shouldn't forget that in various phases in the crypto market the whole thing is a zero sum game. Someone must lose for someone else to win. Now some will say no, everybody can win, but that's not the case unless it goes up forever or never goes down again and stays stable, but those who bought at $65k are now obviously in a loss zone for someone else's realized win zone.

[South Park]

I think one thing is for sure if someone is still loosing money in cryptocurrency investments, it's a lack of research upon doing what is and what's that throughout his investment. He doesn't know any single thing on what he's going to invest such that he only chooses coins or alts that he hopes it could give him a good profit in the future, then in the long run it cannot give him any profit and by that he tries another opportunity similar to that. Repeating cycle to lose for investment.

This is one of the main problems with those people that call themselves investors but that do not do any of the things true investors do, an investor that actually does his job knows beforehand if the asset in which they are investing has any chance of becoming profitable as they made an extensive reached about the projects in which they were interested, while most people never do anything like that and just hope they selected the right project which is a bad idea taking into account the number of projects that are scams in this market.

Some investors too easily believe in their own instinct so they jump easily into buying altcoins without even doing a good research first. This mostly ends up into losing. While other investors too also believe from the advices of others because that certain advice works for them but when you do it yourself, you still end up losing. This just means that the thing that might work for others might not work for you so better DYOR in everything we do.

And believing in your instinct is a problem, after all I could believe in it if the person that told me that had a story of being a successful investor for 20 years or something like that, but if they have been investing in the markets just a few months and they have no idea if they are going to be successful then relying on their instincts is a huge mistake, and unfortunately this is something that happens all the time and people pay the price because of it.

[desticy]

Everything is correct. Only in my opinion, all of the above is more suitable for beginners than for those who have survived 3 years of winter after 2017.
I'm afraid that until a person makes mistakes and understands how everything works through his own failures, he will not understand most of the advice written above.

[Shallow]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

You actually listed them correctly with enough information to help anyone understand the direction you are heading to. The truth has always been information, most people do not take into account the type of crypto they hold, that is, they follow the crowd, follow updates on Twitter or telegram without any proper research on the updates they get, and atimes a lot goes as far as holding shitcoins with goal it will pump massively one day.
In my own opinion, I think the best way to start is through learning how to research on any information you get because it is through such research that the person will be able to learn more then making the best decisions which will in the long run direct him a lot.
Holding good coins comes from thorough research which most of the times pays off massively.

[Fire me!]

I am new to the forum and rather new to the crypto markets. I do invest in other assets for more than 20 years. The crypto world is new and strange compared to the Cefi world. I think most people who tend to lose a lot are probably going with the hype and do no research. In my opinion the crypto markets are still in the infancy stage and have not yet fully matured. In investing you have the risk reward theory. The higher the risk the higher the rewards. The rewards you sometimes see in the crypto are so extremely high that they involve huge risks. Most newbies probably do not realize this and are being fed the stories of people who became overnight millionaires with doge or another shitcoin. All the people who lost a lot of money rarely make it to the news.

I started a couple of months ago on the height of the last bull run with a couple of 100 dollars. I lost half of it playing with it, last weeks i am reading a lot and watch youtube for information about the different concepts. The potential of crypto is huge, but to me it appears there are also many developments that make it extremely risky. But since investing is also a hobby i think i will be enjoying myself the next few years!

[LordMiguel]

please note that in every market. people are meant to loose money whille it becomes an opportunity to make more money. making more moeny in a bear market shows how focus and dedicated the person can be to acheve this target. there is a reason for calling it a market. simply people buy and sell. if you are scared of holding , take time and sell to the whales and joun the weak hands.

[livingfree]

please note that in every market. people are meant to loose money whille it becomes an opportunity to make more money. making more moeny in a bear market shows how focus and dedicated the person can be to acheve this target. there is a reason for calling it a market. simply people buy and sell. if you are scared of holding , take time and sell to the whales and joun the weak hands.

There are two things meant for each market, if there's a loser, there are the winners.

Those people who are still making money during the bear markets, they're the usual people that earn no matter what the market is. Bulls or bears, they always find opportunity for each market.

Holding is good for those don't want to commit trades during bearish markets.

[DoublerHunter]

Maybe its because some are still in the stage being new in engaging the world of crypto and didn't understand yet process on how to get into it and what should be done in the crypto market and to community.

What must be done at the initial stage is to learn in order to understand everything, because without learning, whoever he or she will never know how the conditions are in it and will also never be able to adapt himself to everything in crypto.

^ The problem is that people are easily jumping in cryptocurrency investment thinking that it is very easy to make money on it, most of them did not even know or lack knowledge on it. They are just jumping because someone told them it is profitable and when they saw the price goes down they begin to panic and start selling to cut their losses. That is the problem of most newcomers now, they just lose their money and start giving negative feedback to cryptocurrencies. Nevertheless, we can not blame them.

[leatutz]

The main thing is panic. They see the market dumping they sell their assets without seeing their losses. They got panic. The other thing that you have mentioned which is People like Elon musk do shilling of their favorite coins and people but that coins without thinking. I hope now Elon Musk will not  manipulate crypto market.

Definitely we see another face like "Elon Musk". Elon Musk never died until a famous person gave advice. Even the current situation of several countries follows the lead of Elon Musk. Those countries are burning and damaging the tools of Bitcoin mining. We need extra electricity when we are using a Tesla car. Some many investors lost their money for those scam advisor.

[imstillthebest]

Well losing money in crypto is such a normal thing because crypto is so risky as the price changes all the time. The volatility of cryptocurrency makes it unique and risky, so dont get shocked if there are so many people who lose money on it. aside from volatility some people also lose money because of scammers, scammers are always there all the time so be careful with them, most beginners are victims of such scams.

i think he already knows this but he pointed out other reasons on why people lose .
 i think the reason why he didnt add volatility because it was easy to manage , we can just wait and hodl if the prices are down but it was hard to doit if there are distractions , distractions that op posted in the first page . its not fun to loose money but we should stop  if we think we are not improving .

[Varunee]

Those who are still loosing money in crypto most of them are newbie, they take decisions in a hurry without thinking that they also can be lose.People make mistake because they think in a greedy way.

1-what to avoid:-
•Do not panic
•Lose Patience

2-What to do:-
•Be patient
•Deep knowledge
•MakevStrategise
•Dont sell Coins in a hurry
•Be socially active

See when statics charts are going up and down
There are many ways to control your loosing money... So be patience don't be panic nd hurry to make decisions.

[Niobeh]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

The biggest mistake most people make is a lack of patience and being greedy. they need to discipline themselves. pe patient when to buy and when to sell and do some research and I mean deep research. Be vigilant. you can listen to others' advice that why we have this Bitcoin Forum, to share thoughts and opinions about bitcoin and its future but in the end, it's you to decide and judge the real situation in the market.so do deep research and be patient always

[Shasha80]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

The biggest mistake most people make is a lack of patience and being greedy. they need to discipline themselves. pe patient when to buy and when to sell and do some research and I mean deep research. Be vigilant. you can listen to others' advice that why we have this Bitcoin Forum, to share thoughts and opinions about bitcoin and its future but in the end, it's you to decide and judge the real situation in the market.so do deep research and be patient always

The key to successful investing in cryptocurrency is patience, because most people panic too quickly if they see the price of coins purchased suddenly
fall. Even though if we have bought potential coins, there is no need to panic if the price of the coins falls, because usually the potential coins will
recover quickly and the price can go up again. The next causes us to lose money when investing in crypto, we are not able to control our greed.
If we have reached the target we set, sell immediately, don't delay taking profit, the price of the coins we buy can drop suddenly. In conclusion,
I agree that the reason why people fail when investing in crypto is a lack of patience and not being able to control greed. So fix these two mistakes,
then it will be easier for us to be able to make a profit.

[rodskee]

The biggest mistake most people make is a lack of patience and being greedy. they need to discipline themselves. pe patient when to buy and when to sell and do some research and I mean deep research. Be vigilant. you can listen to others' advice that why we have this Bitcoin Forum, to share thoughts and opinions about bitcoin and its future but in the end, it's you to decide and judge the real situation in the market.so do deep research and be patient always

mostly traders failed with this points, they could not prepare their self well either in trading knowledge or psychology. In trading actually it is psychology war, traders that could hold and maintain their emotion they will be the winner.  Don't ever trapped in HYPE , FOMO or anything else without our own research , experts not allways right . If we could do it by our self , knowledge and skill will improve and very usefull for future.

Controlling our emotion is indeed one of the reason why traders win in trading but sometimes being panicking brings us positive outcome when others are still hoping you are the one who did sold first and then the price dumps and you are the winner.
But indeed that never become panicked when in trading because the ups and down is normal and the only weapon we can use is to manage our temper and have a great timing in the price movement from there we will surely win.

[Cameron1Love]

In my opinion they are losing because of insufficient ideas about their investment in crypto, Some of them are sitting on the top of the hype crypto. They are invested in without proper knowledge. So many of them are loser in terms of investment. When I am new on crypto, I am always reading about all the info of what crypto I wanted to invested in. Like elrond, I search anything about them and their agenda and goals. So I am happy for them.

[Dewajuna09]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

it is true that a lot of information that I got that many people lost money playing crypto. I think they are new players who just play without adequate knowledge so that they are self-defeating.

[koang]

When investing in crypto we must prepare ourselves to be used to huge price swings, volatility when not expected, and anxiety.
Make sure we have clear investment patterns and targets, whether short-term, medium-term, or long-term,
and have the appropriate risk profile and can accept large price fluctuations.
Many lose money in crypto because they use crypto as a place of speculation without having enough patience and knowledge about crypto

[arditiyan]

People experience defeat because they are stuck in the same situation and don't avoid it. they are forced to try new things they keep repeating. I think it's their own fault and lack of analysis of their mistakes so they lose more

[kak uli]

from some of the causes of loss of assets in crypto that you have mentioned it is very true in my opinion. but it needs to be added a little more, namely that someone lost their assets because they were deceived by the rumors they heard, for example, someone heard that in the next few months the price of digital currency would jump higher, even though that was not the case or vice versa. because affected by such issues someone will lose their assets.

[no-ice-please]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

The biggest mistake most people make is a lack of patience and being greedy. they need to discipline themselves. pe patient when to buy and when to sell and do some research and I mean deep research. Be vigilant. you can listen to others' advice that why we have this Bitcoin Forum, to share thoughts and opinions about bitcoin and its future but in the end, it's you to decide and judge the real situation in the market.so do deep research and be patient always

The key to successful investing in cryptocurrency is patience, because most people panic too quickly if they see the price of coins purchased suddenly
fall. Even though if we have bought potential coins, there is no need to panic if the price of the coins falls, because usually the potential coins will
recover quickly and the price can go up again. The next causes us to lose money when investing in crypto, we are not able to control our greed.
If we have reached the target we set, sell immediately, don't delay taking profit, the price of the coins we buy can drop suddenly. In conclusion,
I agree that the reason why people fail when investing in crypto is a lack of patience and not being able to control greed. So fix these two mistakes,
then it will be easier for us to be able to make a profit.

Another problem is that they also start out with too much of their total capital available. They either panic because the price could drop or they panic because the fear of missing out. If you are moderately getting into the market with small steps, investing a fraction of what you have available every couple of days, you reduce your downside risk but also your upside potential. Yet it let's you sleep better, you are part of the market and get to learn to deal with the market exposure.

[Shasha80]

The biggest mistake most people make is a lack of patience and being greedy. they need to discipline themselves. pe patient when to buy and when to sell and do some research and I mean deep research. Be vigilant. you can listen to others' advice that why we have this Bitcoin Forum, to share thoughts and opinions about bitcoin and its future but in the end, it's you to decide and judge the real situation in the market.so do deep research and be patient always

The key to successful investing in cryptocurrency is patience, because most people panic too quickly if they see the price of coins purchased suddenly
fall. Even though if we have bought potential coins, there is no need to panic if the price of the coins falls, because usually the potential coins will
recover quickly and the price can go up again. The next causes us to lose money when investing in crypto, we are not able to control our greed.
If we have reached the target we set, sell immediately, don't delay taking profit, the price of the coins we buy can drop suddenly. In conclusion,
I agree that the reason why people fail when investing in crypto is a lack of patience and not being able to control greed. So fix these two mistakes,
then it will be easier for us to be able to make a profit.

Another problem is that they also start out with too much of their total capital available. They either panic because the price could drop or they panic because the fear of missing out. If you are moderately getting into the market with small steps, investing a fraction of what you have available every couple of days, you reduce your downside risk but also your upside potential. Yet it let's you sleep better, you are part of the market and get to learn to deal with the market exposure.

Why are we always encouraged to invest money, we can afford to lose, because when the market situation worsens we can remain calm and not panic.
I agree that it is better to start investing with a small amount of capital, especially for newbies who do not have the knowledge and experience,
it is better to start investing with small capital. So when they experience a loss, they are not stressed and discouraged, they will easily get up again.
And can consider these losses as the cost of learning to invest in the crypto world.

[rmhuntley]

The biggest mistake most people make is a lack of patience and being greedy. they need to discipline themselves. pe patient when to buy and when to sell and do some research and I mean deep research. Be vigilant. you can listen to others' advice that why we have this Bitcoin Forum, to share thoughts and opinions about bitcoin and its future but in the end, it's you to decide and judge the real situation in the market.so do deep research and be patient always

mostly traders failed with this points, they could not prepare their self well either in trading knowledge or psychology. In trading actually it is psychology war, traders that could hold and maintain their emotion they will be the winner.  Don't ever trapped in HYPE , FOMO or anything else without our own research , experts not allways right . If we could do it by our self , knowledge and skill will improve and very usefull for future.

Controlling our emotion is indeed one of the reason why traders win in trading but sometimes being panicking brings us positive outcome when others are still hoping you are the one who did sold first and then the price dumps and you are the winner.
But indeed that never become panicked when in trading because the ups and down is normal and the only weapon we can use is to manage our temper and have a great timing in the price movement from there we will surely win.

Hype and community group make some one could not control their emotion how ever when have new project coin and many people advertise make them want to buy although coin have raise higher price. I see many time trader stuck on that moment, never care about any problem and keep want to buy coin without check firstly have touch higher price or not.

[KaliLinux]

I think crypto analysts have a huge responsibility in that matter because they just believe in charts and never considering some other critical aspects like market manipulation and fud...imagine that some analysts advised people to not sell after the huge dump from 64 to around 56 in just a few hours.

That is why you need some knowledge about different aspects of the market and TAs too and not just rely upon what some analysts are saying. Investors have been able to make their own decisions when it comes to the market, whether to sell or not even what you invest in, some people only invest in what they hear people say is good to invest in, too lazy to do some research on the projects.
Listening to all those analysts is good at least you compare ideas to your findings and weigh options, but you must take your own decisions.

[oprahwindfury]

there are financial backers who accept the word HODL when infact selling at ETH is the best thing to do and I'm not trying to say this for altcoin financial backers. Bitcoin financial backers ought to likewise be getting it done before the adjustment come.

[avarnet]

Generally, those who do not consider this information to be sriuz, so they still lose a good opportunity or the coin is lost in the wrong investment place, it would be good for them and myself before making a decision to invest, they must first look at the traces of the future the coin that we want to invest so that we are safe in choosing a project or in investing

[ChaoChibai]

well, losing money is one of the essential risk in any investments, especially cryptocurrency. Crypto market is full of ups and downs, the price is changing in just a short time.
So the risk will be higher than other investment. Beside that, I think it also depends on luck, so many people that I have ever heard their story, they gained so many profits just because they accidentally invest into some coins and boom the price is increasing just in a blink of an eye.

[rmhuntley]

Every investment have always have loss not only with cryptocurrency, I think if you not ready with risk on investment way better hold and save your money under below, put on the bank and keep safety without increase more like investing on cryptocurrency or other. I think every people joined investment have ready with risk when bitcoin dump and they will hold and never cut loss with lower price.

[Ulvajaya]

In general, being successful in the cryptocurrency world has been a very long experience before being able to achieve success so that he has experienced many losses which has made him more experienced in the world of digital money, some have been frustrated to return to the world of cryptocurrency and get up again from the beginning. so that success is unforgettable

[South Park]

Everything is correct. Only in my opinion, all of the above is more suitable for beginners than for those who have survived 3 years of winter after 2017.
I'm afraid that until a person makes mistakes and understands how everything works through his own failures, he will not understand most of the advice written above.

Humans can learn in different ways but the hardest but the one that gives the best lessons is to learn on our own, the issue is that while in almost any other activity this is not really a problem there are times in which it can be extremely expensive and difficult, take a look at those that get addicted to drugs, we all know this is a bad idea but there are people that think they can control it only to understand too late they lost control of it and will have to go through a very difficult process just to overcome it, they will finally understand why they should have followed the advice of staying away from drugs but they will have to pay a huge price to do so.

[no-ice-please]

The biggest mistake most people make is a lack of patience and being greedy. they need to discipline themselves. pe patient when to buy and when to sell and do some research and I mean deep research. Be vigilant. you can listen to others' advice that why we have this Bitcoin Forum, to share thoughts and opinions about bitcoin and its future but in the end, it's you to decide and judge the real situation in the market.so do deep research and be patient always

The key to successful investing in cryptocurrency is patience, because most people panic too quickly if they see the price of coins purchased suddenly
fall. Even though if we have bought potential coins, there is no need to panic if the price of the coins falls, because usually the potential coins will
recover quickly and the price can go up again. The next causes us to lose money when investing in crypto, we are not able to control our greed.
If we have reached the target we set, sell immediately, don't delay taking profit, the price of the coins we buy can drop suddenly. In conclusion,
I agree that the reason why people fail when investing in crypto is a lack of patience and not being able to control greed. So fix these two mistakes,
then it will be easier for us to be able to make a profit.

Another problem is that they also start out with too much of their total capital available. They either panic because the price could drop or they panic because the fear of missing out. If you are moderately getting into the market with small steps, investing a fraction of what you have available every couple of days, you reduce your downside risk but also your upside potential. Yet it let's you sleep better, you are part of the market and get to learn to deal with the market exposure.

Why are we always encouraged to invest money, we can afford to lose, because when the market situation worsens we can remain calm and not panic.
I agree that it is better to start investing with a small amount of capital, especially for newbies who do not have the knowledge and experience,
it is better to start investing with small capital. So when they experience a loss, they are not stressed and discouraged, they will easily get up again.
And can consider these losses as the cost of learning to invest in the crypto world.

Most newbies have the problem that they don't understand the dynamics of the markets and what it will do emotionally to them. When you take a small amount and play around with it in the crypto market, maybe even gamble on less known coins, you get a better feeling of how quick things can develop badly for you and destroy your investment. If you start out big right away there is hardly any chance you will be able to handle the situation neither emotionally nor technically. You just don't know what to do if shit hits the fan.

[oemar bakrie]

success in crypto in my opinion is only an achievement that cannot be measured by the length of time we play in crypto..
but it all depends on our persistence to find maximum results, for example, just participating in all bounty distribution contests..
the old one but never follow is the same as wasting a lot of time..
once again for crypto success for me persistence and patience are the main factors..

[no-ice-please]

Most newbies have the problem that they don't understand the dynamics of the markets and what it will do emotionally to them. When you take a small amount and play around with it in the crypto market, maybe even gamble on less known coins, you get a better feeling of how quick things can develop badly for you and destroy your investment. If you start out big right away there is hardly any chance you will be able to handle the situation neither emotionally nor technically. You just don't know what to do if shit hits the fan.

lack of knowledge be their main problem at this moment so understanding market movement is hard to understood for them. And most of them unfortunately didn't prepare well before they use money for investing in crypto market. No matter how much amount we used for trading or investing need to handle it well, either in emotion or trade plan . it will work when we face bad situation that may occur someday.

success in crypto in my opinion is only an achievement that cannot be measured by the length of time we play in crypto..
but it all depends on our persistence to find maximum results, for example, just participating in all bounty distribution contests..
the old one but never follow is the same as wasting a lot of time..
once again for crypto success for me persistence and patience are the main factors..

how long we stand in market didn't be benchmark we will success or not in this market. the thing that will help us only how  much effort to learn all about cryptocurrency especially about market cycle, fundamental or technical that work on it. even we just in a year involved but we prepare proper skill maybe we could beat the veteran here.

I think we've all been newbies at some point and we probably also made some bad investment decision based on insufficient understanding and knowledge. That's just kind of normal. The important thing to consider though is that you don't go too big in the very early days when you enter the crypto space. That is deadly for newbie investors.

[aditasetia123]

I think we've all been newbies at some point and we probably also made some bad investment decision based on insufficient understanding and knowledge. That's just kind of normal. The important thing to consider though is that you don't go too big in the very early days when you enter the crypto space. That is deadly for newbie investors.

every traders must passed this stages , impossible if they suddenly be good traders without passing bloody condition which is could make them felt give up want to quit from market forever. Our experience will teach us how to trade with good result with profit ratio bigger than risk ratio.  Market will trained how us to controll emotion , psychology by experiencing some loss.

[BuyingBitcoin]

Don't sell at a loss. Even if you bought at the peak of 2017, you had to wait 4 years to 2021 to sell at a profit. HODL

[CryptoBuds]

Most newbies have the problem that they don't understand the dynamics of the markets and what it will do emotionally to them. When you take a small amount and play around with it in the crypto market, maybe even gamble on less known coins, you get a better feeling of how quick things can develop badly for you and destroy your investment. If you start out big right away there is hardly any chance you will be able to handle the situation neither emotionally nor technically. You just don't know what to do if shit hits the fan.

If you don't have any skill about your money, risk and emotion management, then trading is not for you. your trading bot/experience can tell you when you should buy, where & how you should trade but they didn't teach you money, risk and emotion management.

when market gives bearish signal skilled traders fix their profit and wait for new buying opportunities but newbies ignore that and follow their emotions.

Most of the new comers don't have any trading plan, they are following hype and get caught.

Nowadays leverage is most popular, and newcomer are doing rush to do leverage trading but you should know leverage trading is not for newbies, many skilled traders are faild to manage their leverage trading.

[junkerr]

I think we've all been newbies at some point and we probably also made some bad investment decision based on insufficient understanding and knowledge. That's just kind of normal. The important thing to consider though is that you don't go too big in the very early days when you enter the crypto space. That is deadly for newbie investors.

every traders must passed this stages , impossible if they suddenly be good traders without passing bloody condition which is could make them felt give up want to quit from market forever. Our experience will teach us how to trade with good result with profit ratio bigger than risk ratio.  Market will trained how us to controll emotion , psychology by experiencing some loss.

that's true, because in crypto trading. it is not only knowledge and skills that will make us successful.
experience from trading gives us new knowledge and skills.
each asset we trade has a different market character. and we can certainly see and create a trading strategy for each asset traded.
do not give up if you are in trouble such as loss. believe in the future with your other trades will generate greater profits.

[Text]

It is only natural for a beginner to lose. That is part of the process of learning. When we want to try something new to learn, we explore it, and sometimes we can't avoid making mistakes. Even now I still make mistakes, because my excitement to enter the new emerging platforms and innovations in this technology is more dominant. Ultimately, the importance is still that we have gained knowledge that can be used on subsequent on our journey here in cryptoverse.

[konflikkastil]

Information is the major key to success when it comes to making it big in Crypto Market. What you don't know you shouldn't even try dare go into it, because if you make that mistake. It's going to cost you a lot. Everything has the beginners stage, and Crypto is never an exemption. Sometimes, you gain and you loose. But what makes you pro is when you study what made you to ran into losses. And come back strong to develop a strong strategies to go back into the market. You are right about what you said about, believing a dead project can still come back when you know it was an obvious scam. This has happened to me countless of time, but I have to grow and move on.
Knowledge is the main thing.

[South Park]

Don't sell at a loss. Even if you bought at the peak of 2017, you had to wait 4 years to 2021 to sell at a profit. HODL

Things are never that simple if they were no one will ever lose money but the evidence shows otherwise so this cannot be correct, if you bought a good coin then your advice makes sense, even if you bought at a bad price as long as you held your coins then you're going to eventually be in profit, which is what happened to the minority of people that bought at the end of 2017 and still hold their coins to this day, but if you bought an altcoin that was unknown because you wanted to get a lot of profits then it is likely that if you have held that coin for that long you will still have massive losses as that coin simply disappeared or turned into a scam.

[seleme]

Don't sell at a loss. Even if you bought at the peak of 2017, you had to wait 4 years to 2021 to sell at a profit. HODL

Things are never that simple if they were no one will ever lose money but the evidence shows otherwise so this cannot be correct, if you bought a good coin then your advice makes sense, even if you bought at a bad price as long as you held your coins then you're going to eventually be in profit, which is what happened to the minority of people that bought at the end of 2017 and still hold their coins to this day, but if you bought an altcoin that was unknown because you wanted to get a lot of profits then it is likely that if you have held that coin for that long you will still have massive losses as that coin simply disappeared or turned into a scam.

HODL forever logic is outdated, sooner or later the time factor will overweight the value. As long as the price is going down, buying in small parts and investing in reliable projects can save traders if the bear market goes longer than expected. One day the HODL coin can turn into a scam project as you explained and other risks are possible too.

It is only natural for a beginner to lose. That is part of the process of learning. When we want to try something new to learn, we explore it, and sometimes we can't avoid making mistakes. Even now I still make mistakes, because my excitement to enter the new emerging platforms and innovations in this technology is more dominant. Ultimately, the importance is still that we have gained knowledge that can be used on subsequent on our journey here in cryptoverse.

The process of learning is hard but it will be worth to keep doing the trades in different ways after having a proper trading experience. The important part is to learn from the mistakes of other traders, they don't do meaningless trades if there is no buying or selling opportunity but these guys are not 100$ bulletproof all the time. Better to keep learning and improving the chances of catching trends rather than keep losing to the experience market professional traders.

[btc-facebook]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes,

It's not just about not learning from previous mistakes, but about the strategy used as well, because it's really hard to predict a good coin, especially a coin that still has a small market cap.
Many people prefer coins that have a small market cap because they have a great potential for their price to rise higher.
and I think this is reasonable, because sometimes coins that have large market cap move slowly in price, for example TRON or ONT, ,
So, instead of spending time on slow moving coins, it's better to look for coins that have a small market cap but have good technology and big potential,
it's just that it's very difficult to find coins like this , , even though i have learned from previous mistakes , ,

[dunfida]

Don't sell at a loss. Even if you bought at the peak of 2017, you had to wait 4 years to 2021 to sell at a profit. HODL

Things are never that simple if they were no one will ever lose money but the evidence shows otherwise so this cannot be correct, if you bought a good coin then your advice makes sense, even if you bought at a bad price as long as you held your coins then you're going to eventually be in profit, which is what happened to the minority of people that bought at the end of 2017 and still hold their coins to this day, but if you bought an altcoin that was unknown because you wanted to get a lot of profits then it is likely that if you have held that coin for that long you will still have massive losses as that coin simply disappeared or turned into a scam.

HODL forever logic is outdated, sooner or later the time factor will overweight the value. As long as the price is going down, buying in small parts and investing in reliable projects can save traders if the bear market goes longer than expected. One day the HODL coin can turn into a scam project as you explained and other risks are possible too.

You are right but there are people whom do really stick with this logic but its really actually worth if they do hold out BItcoin and other top coins but for some projects and believing that has potential?

Then its a personal choice but we do all prefer on seeing profits on a short time basis and not all would really be having this kind of patience on waiting up for too long or for years.

This is why they do rush out on making decisions and ending up on losing money due to bad decision which is very common.

[Masyudhi]

The main thing is panic. They see the market dumping they sell their assets without seeing their losses. They got panic. The other thing that you have mentioned which is People like Elon musk do shilling of their favorite coins and people but that coins without thinking. I hope now Elon Musk will not  manipulate crypto market.

most of the problems new people invest are ambitious and greedy, who are jealous of seeing people playing crypto looking for big money easily, just want big profits but don't know the method to do. my advice for new people don't use big money for investment and use cold money...

That's because most don't understand how the crypto market moves.
new people in the crypto market with no learning and no experience, of course, it will be very easy to lose their money in trading and investing.
this is very difficult to explain to new people who don't open their minds to something more complicated learning. because what they think is big profits quickly.

[Muslimin mj]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

they lose money because they follow ambitions or emotions without following the development of the altcoin they want to buy so the predictions they make are totally wrong, and make them lose assets. we should be able to control our emotions before buying an altcoin so we want to learn about the developments that exist in the altcoin so that it can make it a big profit.

[awik p]

The main thing is panic. They see the market dumping they sell their assets without seeing their losses. They got panic. The other thing that you have mentioned which is People like Elon musk do shilling of their favorite coins and people but that coins without thinking. I hope now Elon Musk will not  manipulate crypto market.

most of the problems new people invest are ambitious and greedy, who are jealous of seeing people playing crypto looking for big money easily, just want big profits but don't know the method to do. my advice for new people don't use big money for investment and use cold money...

That's because most don't understand how the crypto market moves.
new people in the crypto market with no learning and no experience, of course, it will be very easy to lose their money in trading and investing.
this is very difficult to explain to new people who don't open their minds to something more complicated learning. because what they think is big profits quickly.

The mistake of thinking of ordinary people who enter the crypto market is, they imagine to get a lot of money in just a short time. of course they are driven by a passion for it and for sure they do not understand the crypto market. and in the end like the topic in this thread, there are still many investors who are losing money. for example, when the market is in a bullrun, there is a lot of news about crypto, so even ordinary people become enthusiastic to enter, when he enters the market and buys at a high price, many experienced investors start taking profits, so the market goes back down and they keep holding it, until finally they panic when the decline reaches 50% for example, for fear of losing all their money, then they panic sell and sell it, as a result they lose, actually at that time it was the golden area, where traders bought back

[Galley]

People lose money because the same people, like them, find the money somewhere. Nothing comes from nothing. If it has disappeared somewhere, it means that it has arrived somewhere. This is the law of nature, and no one can cancel it.

[kumala_abi]

most of the problems new people invest are ambitious and greedy, who are jealous of seeing people playing crypto looking for big money easily, just want big profits but don't know the method to do. my advice for new people don't use big money for investment and use cold money...

usually beginer in crypto market did it, they come didnt because their knowledge about crypto community but they want to earn huge profits due looking their friend be rich man in short periode. without proper knowledge they invest their money in any projects and trapped in shit projects like meme coin

[molsewid]

usually beginer in crypto market did it, they come didnt because their knowledge about crypto community but they want to earn huge profits due looking their friend be rich man in short periode. without proper knowledge they invest their money in any projects and trapped in shit projects like meme coin

This is the worst case scenario as a newbie or beginner in crypto because some of them become envy on pioneers profit and wanted the same profit without considering the probability of losing in taking a high risks. Some also just don't research the coin/token or the project that they invested and just go with the flow or go with the hype and become panic whenever seeing the price dropping. They tend to believe that getting rich through cryptocurrency is an easy process, they tend to believe that here in crypto the money is easy to earn.

[domoy77]

People lose money because the same people, like them, find the money somewhere. Nothing comes from nothing. If it has disappeared somewhere, it means that it has arrived somewhere. This is the law of nature, and no one can cancel it.

I don't understand what you mean by this phrase, it's more verbose and unclear, can you describe it in clearer words about losing money, because generally people who have lost money will not easily trust others

[maartenhaha]

People lose money because the same people, like them, find the money somewhere. Nothing comes from nothing. If it has disappeared somewhere, it means that it has arrived somewhere. This is the law of nature, and no one can cancel it.

I don't understand what you mean by this phrase, it's more verbose and unclear, can you describe it in clearer words about losing money, because generally people who have lost money will not easily trust others

Sentences are very abstract because we do not understand the words in question, we can somehow respond to the statement so that we can not offer a solution. We should consider other people's analysis as it might be useful before getting emotional over the anger to take the market risk.

[Digital_Lord]

Yes, still many are losing money in crypto because they don't research themselves and follow just influencer's tweets. They make decisions without thinking, If the price go a little down they sell their tokens in panic, and similarly, If the price keeps going up they buy in FOMO. They have no patience.

[King Khaizan]

many people are too rash and complacent with the best achievements that have been obtained without continuing to learn and correct every mistake they experience, in my opinion emotions really need to be controlled and continue to look for the right source of information, so as not to be careless and cause losses at any time.

[acener]

Some people are still losing money on crypto due to various reason and I think most of those reasons are,
GREED= they tend to invest in everything they see or hear whenever they see a crypto suddenly flying high.
Lack of Knowledge = Because of their greed they couldn't think clearly and wouldn't do some research because of it and would invest without thinking about the risk and doesn't have back up plans.
Lack of Common Sense or Experience = Still falling into scams and obvious phishing site(Mostly airdrops and fake wallet).

[bastian466]

Surely people who have been around for a long time especially from 2017 must have understood very well how crypto price movements in the market from year to year. They have many experiences between bitter and sweet which can make experience as the greatest teacher that can lead them to success. try to be a long term holder so you can control your emotions

[rina aulia]

Surely people who have been around for a long time especially from 2017 must have understood very well how crypto price movements in the market from year to year. They have many experiences between bitter and sweet which can make experience as the greatest teacher that can lead them to success. try to be a long term holder so you can control your emotions

We can conclude from the greatest teacher to keep holding crypto in any condition except for urgent need, the crypto market has repeatedly hit recent prices in the annual crypto journey and we hope to see new ATH again by the end of the year.

[bastian466]

Surely people who have been around for a long time especially from 2017 must have understood very well how crypto price movements in the market from year to year. They have many experiences between bitter and sweet which can make experience as the greatest teacher that can lead them to success. try to be a long term holder so you can control your emotions

We can conclude from the greatest teacher to keep holding crypto in any condition except for urgent need, the crypto market has repeatedly hit recent prices in the annual crypto journey and we hope to see new ATH again by the end of the year.

The hope can be realized, so the cypto loss is made by us if we decide to sell when the price is below the purchase price because of panic seeing the price go down in such a state our emotions are tested for patience, don't let regret grow after taking the wrong step

[fuguebtc]

Most of the people who lost money this time are probably newbies. They lack knowledge, are impatient and decide not to think. Greedy thinking that it is easy to become a dollar millionaire in the market in a short time without having to do much.

[KaliLinux]

People lose money because the same people, like them, find the money somewhere. Nothing comes from nothing. If it has disappeared somewhere, it means that it has arrived somewhere. This is the law of nature, and no one can cancel it.

I don't understand what you mean by this phrase, it's more verbose and unclear, can you describe it in clearer words about losing money, because generally people who have lost money will not easily trust others

I believe that he was basically trying to explain that the losses of some people are gains for others which is practically right. This is part of the market as we know, we can all not make profits and I believe some of us have mentioned this before. However, I do agree that losses even though are unavoidable in the market are mostly due to Fomo and lack of knowledge of the projects being invested in and the market situation by the investor. 

[anandaijun]

Those who only follow personal instincts without trying to combine some analysis from other people who are more knowledgeable about crypto, then for me, this type of person is not worthy of being called an investor.
If there are people like that you mean, in my opinion, very few of them here.

[goolesby]

Investing in cryptocurrency based on speculation is a mistake. Many beginners just want to make a profit without thinking about the future prospects of the coin being purchased or what factors are actually driving the price of the coin higher. The cryptocurrency market is volatile so it is quite difficult to predict future price movements. Certain phenomena such as Elon Musk's statement can change the price of cryptocurrencies in the market. To avoid this mistake, you must be able to read and understand the current situation in the cryptocurrency market. Including, current economic and political situations that may affect the cryptocurrency market.

[Bagong91]

~snip

maybe this happened to me personally in 2018 when I held one of the coins and I was sure I would pump through new ATH but things didn't go according to my prediction and finally the coin was dumped and I lost some % of my money, and this is the worst lesson I've experienced, Hopefully this will be a lesson for me this year and next year

[Malam90]

I have faced huge losses after 2017 collapse and taken lesson not to invest in shitcoins. Then i follow others as OP have advised not to follow others in investment. Now i am more conscious in investment. I invest only coins and tokens that have solid foundations and strong team, already famous in crypto world like top coins. It ensures me little profits comparing to shitcoins but shitcoin once vanishes it losses whole capital.

The worst market crash was actually in 2018. but if you say 2017 momentum I believe you should be in the best market at that time.

but with your own experience, you should not fall into the same mistake.
my advice, manage your psychology well. it's not just for making decisions. This helps us not to be bothered by photos or offers on social media that are currently crazy. There are many impromptu meme project promoters on social media. it's very annoying.

This is not psychological problem.
If you faced more than $10k losses after few months of entrance into the crytpo market by investing in few shitcoins that about to die (CYFM, MFTU, BTCA, PLAYKEY tokens), you can understand the situation. 3 years passed already and i am now a trader but very conscious about shitcoins. Right, same mistakes can't be done again.

[asriloni]

Some people will not make research about a project, they will just invest without researching, this make many people to lose, there are good coins but it is good to research before buying any coin. Some people have the knowledge but they like new projects too much, they can suffer from to lose because the shit coins are too much on their hand.

That's true, too much people actually invest to a project without even researching and even get fomod by people.
if you see most of meme coins also get too carried away by the prospect of multiplying their money easily although we can know that
these people who could multiply their money so much are actually people who know the coins even before other people.
that means they are the people who are close to the dev, not anyone could make money easily like that.

[Dedewahyu]

Everything you wrote is true, someone will lose a lot of money when investing based on FOMO or following from others, not based on their own analysis results. but by losing money in the crypto world is a great lesson, you can see and be more open minded about the crypto world and price movements.

[monineklutak]

Everything you wrote is true, someone will lose a lot of money when investing based on FOMO or following from others, not based on their own analysis results. but by losing money in the crypto world is a great lesson, you can see and be more open minded about the crypto world and price movements.

But the problem is when someone loses money and he doesn't learn from the mistake and comes back again,
it's really bad and indeed in analyzing it is not an easy thing but if we keep learning and trying we can definitely do it,
the most important thing is not to follow what other people say because it is not necessarily what we want

[Chato1977]

because many of them are still stupid enough to believe bitcoins capacity to make them profiting if they will only trust the coin .

if they will buy and buy and never stop buying then the manipulator will have no chance to dump the market.

maybe but more to speculation because the market will not always be the same and your speculation or research is not always right even if you use logic, the market can go up and down very quickly and in their own way, if you look at 2017 as the last bull run to happen and assuming every 4 years as the next bullrun should this year be the next bullrun after 2017.

But if you know how to hold then you must be in the best position to make income maybe not in that same day but in the future.

[gustavroy]

you are so right and hsppy to see this kind of topics. Emotions are key role in investments. I am here since 2017 and still losing tons of money. Key role is learning from the mistakes but emotions can block it as well

[Tegxy]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

Yes, you are correct when it comes to holding coins but in my opinion, losses in the crypto space goes beyond that particular activity, Infact there are numerous reasons. One I would like to be particular about is failing to participate in income generating activities. For instance, while A is growing his/her investment by participating in passive income generating activities such as staking, farming, gaming, mining and so much more at Seascape Network, B is simply looking at buying a coin and hodl. You can tell at a glance who is prone to making losses. To mitigate losses, I believe harnessing profit generating activities is a good move. Not doing so and concentrating on just hodl is quite risky in comparison.

[Ekyfitri]

you are so right and hsppy to see this kind of topics. Emotions are key role in investments. I am here since 2017 and still losing tons of money. Key role is learning from the mistakes but emotions can block it as well

you've been in the crypto market that long but you still lose your money in crypto because of your emotions? I think you must already have a lot of experience, why not learn from it all?
love your money, study well and invest wisely. you to enjoy the trends that exist in the market. it makes everyone lose control of the investment planning that is done.

[juliepower]

I think the main reason and most of the newbies who just invested in bitcoin because they saw the others who made a vast amount of profit .I think most of the newbies Or investors don’t have proper knowledge of how cryptocurrency works. They are just eying on the profit that their close one made or the price increase of different cryptocurrencies.
                                                                                    Lack of knowledge, in greedy plans, no strategy, no plans, most important lack of patience, and many more these are the some points why some  are still loosing money in crypto.
                                                                                          So before invest money in crypto take knowledge, be patience, don't sell coins in urgently or also purchase, be socially active, don't panic 🙂

[MIner1448]

I want to say that even experienced traders can also lose their money on the stock exchange, because any trading on the market is risky, the market is also changing and unpredictable, I know many people who successfully trade on the stock exchange and feel good in life financially component, but they also lose like all my money at one rate or another.

[flyeers309]

Things like this have been like being a very common thing in Crypto even people who lose hundreds of thousands dollars can repeat the same mistakes many times because they are controled by their ego. Sometimes we all often forget that all things need a process like we invest must research very deeply and if we want buy / sell we need technical analysis so we are not make fatal mistakes.There’s many smart people but can't control their emotions and they are still controlled by their ego.From here finally many people make the same mistakes repeatedly

[CaptainCrapper]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that change your view regarding the market and this is the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes some things are associated with luck but don't just depend on it.

I think the full market is dependent on the big trader who is wanted pump any token then this token pump or dump. so we have to wait for a green signal for any good trade.

[haasanjui]

Many of experienced traders also loosed money in crypto because stock exchange market is unpredictable we can't predict that where we are investing its price will dump or pump. It is risky to trading. And many people who don't make research and trade it is also reason of loosing money but some time it gives profit to trader but some time. And many people repeat there mistakes in trading it is also reason to loose money in crypto.

[Kez1817]

Everything you wrote is true, someone will lose a lot of money when investing based on FOMO or following from others, not based on their own analysis results. but by losing money in the crypto world is a great lesson, you can see and be more open minded about the crypto world and price movements.

But the problem is when someone loses money and he doesn't learn from the mistake and comes back again,
it's really bad and indeed in analyzing it is not an easy thing but if we keep learning and trying we can definitely do it,
the most important thing is not to follow what other people say because it is not necessarily what we want

If he doesn't learn from his mistakes then I think he is a brainless person working in crypto space. Knowledge, patience and understanding is very important when you investing or do trading in crypto. Experience is the best learning method that we can use to handle our investment and avoid loses. Don't always follow what others to say, instead study the market and you should have your own strategy in order to gain profit.

[kaka manteng]

Losses occurs in all investment although can be reduced if we build on other people's mistakes and do proper research before venturing into any coin. Nothing good comes so easy to gain mastery in crypto investment would possibly take a long time with consistency and dedication

[glendall]

because of panic, by seeing the price go down and being afraid of losing a lot of selling assets that were bought when the price was high yesterday, and selling too quickly when the price started to rise instead of having made a profit even though the coin has not yet reached its new ath

[RussianEnglishTranslation]

if you have been in 2017 you experience ups and downs of the market, lots of gains but lots of losses in some, but even though you have been through those times, still you haven't learn to correct those mistakes, I think there are lots of things that changes your view regarding the market and this are the following:

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

mostly I see people who are successful in crypto have spent lots of time, before they reach where they are, yes there are things that are associated with luck but don't just depend on it.

You won't lose money if you stop trading and put that money into promising cryptos that can be staked like Celo and NEAR. That way you make money even if there is a bear market.

[yazher]

More likely people often fell into their bad decision before they lose money and that's just how the economy works where everyone has their own role. Imagine if everyone is gaining every time then where do we get this money from? It's just some kind of cycling where everyone will get their own momentum when they gained some experiences on their investments. Anyway, when they are not unto the crypto industry where they failed so many times, then they need to stop what they're doing and focus on other things because sometimes we need to stop because there's nothing much more to do.

[adekogbe]

Losing mommy is part of any business, sometimes you will make a mistake, sometimes you will make a good decision but the market will simplyjust go against you. So i dont always take it to heart when i make a loss in the cryptocurrency markets because i am confident in my ability to make back everything i have lost and more.
I recommend you pay alot of attention to knowledge of how cryptocurrency works

[rosebrand]

The earlier crypto investors gets to know about this things the better for them, it's wrong how a person will be through the hard and good times in crypto and still loses a lot of money to crypto, this shows there don't learn from their mistakes, being ignorant is really a bad thing in this space, most people trade base on their instincts which isn't supposed to be so and also there buy up the hyped coins without making any research and this is actually some of the reasons there keep loosing without learning.

[tanjiran]

Losing mommy is part of any business, sometimes you will make a mistake, sometimes you will make a good decision but the market will simplyjust go against you. So i dont always take it to heart when i make a loss in the cryptocurrency markets because i am confident in my ability to make back everything i have lost and more.
I recommend you pay alot of attention to knowledge of how cryptocurrency works

very wise opinion. however we must take lessons from losses or mistakes, evaluate them and then improve on the next steps so as not to experience the same bad. sometimes getting a loss is an important lesson, I have experienced this, I used to enter the market very often without analysis, only based on feeling, and you know for sure what happened, yes... I often lose. after that I was determined to learn market analysis from my experienced friends.
Mental and psychic will also be tested, so we must be able to handle the worst risks, the crypto world is full of surprises.

[Sihab76]

There are a number of rules or conditions for investing in cryptocurrencies that you will never lose if you follow them. I think those who do not have enough knowledge about investing They face losses rather than gains in cryptocurrency. To invest in cryptocurrency you need to have enough knowledge about the market.

[South Park]

Don't sell at a loss. Even if you bought at the peak of 2017, you had to wait 4 years to 2021 to sell at a profit. HODL

Things are never that simple if they were no one will ever lose money but the evidence shows otherwise so this cannot be correct, if you bought a good coin then your advice makes sense, even if you bought at a bad price as long as you held your coins then you're going to eventually be in profit, which is what happened to the minority of people that bought at the end of 2017 and still hold their coins to this day, but if you bought an altcoin that was unknown because you wanted to get a lot of profits then it is likely that if you have held that coin for that long you will still have massive losses as that coin simply disappeared or turned into a scam.

HODL forever logic is outdated, sooner or later the time factor will overweight the value. As long as the price is going down, buying in small parts and investing in reliable projects can save traders if the bear market goes longer than expected. One day the HODL coin can turn into a scam project as you explained and other risks are possible too.

If someone can obtain profits by trading the markets then without a doubt those that promote holding your coins forever may look like they have an outdated mentality to them, however for the people that cannot do this then holding is not a bad option, however they need to choose the right coin to hold, holding bitcoin, ethereum or a few other coins like those makes complete sense to me but for other coins this doesn't really make sense and the longer you hold those coins the bigger the chances that you are scammed.

[Darktongue]

because of panic, by seeing the price go down and being afraid of losing a lot of selling assets that were bought when the price was high yesterday, and selling too quickly when the price started to rise instead of having made a profit even though the coin has not yet reached its new ath

We can find out the proper condition of adjusting to the situation. Suppose we have the last two months when I knew that the current market condition is stable. That time I took the opportunity to dump the market. Now we shouldn't sell our altcoins, maybe another bullrun could come. I want to take every opportunity. After the pump and dump, I think why didn't I take the opportunity? This isn't panic selling!

[sunce33]

Why some are still loosing money in crypto

In my opinion because many token in lately is scam.Many new project give good idea,give fake information about project, and when finished go away.No payment for bounty worker, and no exchange tokens for buyers from ICO.I've seen a lot of them in few month ago, and I failed also and lost money.

[retnoanjani]

Why some are still loosing money in crypto

In my opinion because many token in lately is scam.Many new project give good idea,give fake information about project, and when finished go away.No payment for bounty worker, and no exchange tokens for buyers from ICO.I've seen a lot of them in few month ago, and I failed also and lost money.

I add from the user's point of view.
sometimes, knowledge, experience and luck play a big role in this ecosystem. Many newbies who come because of fomo, without preparation and without analysis, join panic buying, so a big risk awaits. This kind of attitude that we should avoid, we should study before deciding to join, and understand the risks, so that we can prepare a strategy and not get caught in a scam project.

[Kayum10029]

Losses occurs in all investment although can be reduced if we build on other people's mistakes and do proper research before venturing into any coin. Nothing good comes so easy to gain mastery in crypto investment would possibly take a long time with consistency and dedication

Only those investors and traders who do not have enough knowledge about the market are always facing losses. They don't even research coins before they invest. They do not understand different Invest in stamp projects. As a result, all his investment money was drowned.

[Duzter]

Every investment has got risk relative to the amout of investment. Maybe the traditional stocks or forex have less risk, but none can say it is risk free. Another important thing is the belief. People believe cryptocurrency as a way to get rich in a much shorter time period. In particular people sometimes without knowing anything about the market just invest on tokens that doesn't have proper trading volume. Later there'll be no growth as well as won't be able to sell it.

[sirminesalot]

Every investment has got risk relative to the amout of investment. Maybe the traditional stocks or forex have less risk, but none can say it is risk free. Another important thing is the belief. People believe cryptocurrency as a way to get rich in a much shorter time period. In particular people sometimes without knowing anything about the market just invest on tokens that doesn't have proper trading volume. Later there'll be no growth as well as won't be able to sell it.

Regular stocks is less risk but forex is much higher risk rather than crypto. Crypto is quite safe because you won't lose any money as long as you are not cut lossing if you are playing spot trading. If people are trading futures in crypto, it's not the crypto have high risk, it's the exchange's system designed to do the high risk trade, so i think futures is seperate from crypto because the risk is high

[dainoran]

Losses occurs in all investment although can be reduced if we build on other people's mistakes and do proper research before venturing into any coin. Nothing good comes so easy to gain mastery in crypto investment would possibly take a long time with consistency and dedication

Only those investors and traders who do not have enough knowledge about the market are always facing losses. They don't even research coins before they invest. They do not understand different Invest in stamp projects. As a result, all his investment money was drowned.

Yeah, but nowadays scammers are getting smarter too. They can even get a lot of money from some knowledge people with the smarter way. they will keep updating the way to scamming some people. It's really impossible that you can't lose your money when you decided to invest in crypto. We should learn all the possible risk.

[Nasuhalugu]

One of the causes of experiencing losses is not wanting to "learn".
In my opinion, learning is the most important thing in winning. In crypto, learning how to find good projects goes a long way when it comes to making a profit.
Moreover, having been active in crypto for a long time, of course "learning" from experience while in crypto is very important.
One more reason why many people lose money in crypto is greed.

[livingfree]

It's the rule of the thump, you need to spend time and do not make a short cut, do not follow the shills, set up guidelines to follow on what to look on a project, as a responsible investor you owed it to yourself to do the right thing and that is finding the right project to invest and warn others if you find a project is a scam project.

Yeah, too many shills with those projects that we're unaware of.

If somebody follows them then for sure that they're just going to lose money and listen to a guy that came from nowhere that's trying to mislead them with their advices.

It's better to take accountability and do own research when investing in crypto.

[albon]

It's the rule of the thump, you need to spend time and do not make a short cut, do not follow the shills, set up guidelines to follow on what to look on a project, as a responsible investor you owed it to yourself to do the right thing and that is finding the right project to invest and warn others if you find a project is a scam project.

Yeah, too many shills with those projects that we're unaware of.

If somebody follows them then for sure that they're just going to lose money and listen to a guy that came from nowhere that's trying to mislead them with their advices.

It's better to take accountability and do own research when investing in crypto.

Yes, doing research is important when investing in crypto, because with the spread of fraud, it takes effort to get an honest project, people who lose their money in crypto I think are lazy people who don't like to sacrifice some of their time in examining the project or asking for advice from an expert, so everyone needs to be active and have a foresight and thinks a lot and knows the consequences of their actions before they take them.

[Woodie]

Personally I don't believe people do lose money in crypto,  the only way this could happen is either investing in these crypto scams that claim to give you back ten fold of your investments ...which is to good to be true and people should tell this is a scam.
The other possibility of losing money is through panic selling because price goes against your preferred direction and you chose to sell to salvage whatever money is left.

[feelideb]

The fact that majority of people are taking by the promise of fast money contribute to lots of scam in cryptocurrency! There is nothing as dangerous more than a desire for fast money, it lead people to shitcoin and shitcoin usually lose value and become scam in the end! The solution for those that have lost money is to first decide the most valuable coin in cryptocurrency with potential and stick by it!

[maruf01788]

Earning is not easy in crypto. For this need Patience, skill, hard work. If we always hear Influencer, then we lose Money, we need own research. And most important is don't be emotional in crypto. A lots of people lost their money for emotions. So we Need more patience.

[chikading2016]

Some people are still greedy so some are still losing, greed is one of the factors that affect the concentration or crypto investors or trader and it is the number one factor that make them lose, although not all but most are losing because of greed.

[Chathusand]

Perhaps some of them have not been able to recognize and comprehend past mistakes, making it difficult for them not to repeat them; however, it should be remembered that the benchmark for the existence of losses is critical in preventing large risks that could take coins just like that, causing us to suffer a significant loss. As a result, those who have fallen must rise again.

[livingfree]

It's the rule of the thump, you need to spend time and do not make a short cut, do not follow the shills, set up guidelines to follow on what to look on a project, as a responsible investor you owed it to yourself to do the right thing and that is finding the right project to invest and warn others if you find a project is a scam project.

Yeah, too many shills with those projects that we're unaware of.

If somebody follows them then for sure that they're just going to lose money and listen to a guy that came from nowhere that's trying to mislead them with their advices.

It's better to take accountability and do own research when investing in crypto.

Yes, doing research is important when investing in crypto, because with the spread of fraud, it takes effort to get an honest project, people who lose their money in crypto I think are lazy people who don't like to sacrifice some of their time in examining the project or asking for advice from an expert, so everyone needs to be active and have a foresight and thinks a lot and knows the consequences of their actions before they take them.

You really won't know if a project is a scam if you're not researching.

Many comes good at the start but eventually changes their way and turns into scammy. That's why being vigilant and doing research as much as you can when some projects hit your attention.

You really have to look for every single detail of them as much as you can.

[Arvin01]

This is because some novices who have just entered the cryptocurrency market are prone to lose part of their money because they do not understand the rules. They are prone to panic when the market drops and follow to sell their coins.
When they sell coins and the price rises, they will lose control of their emotions and invest with emotions.
Therefore, we must always keep our heads clear and not invest blindly.
Be responsible for your own money.

[Rikotin]

i think, maybe some of them have not been able to know and understand the mistakes that have been made in the past so it will be difficult for them not to repeat these mistakes, but it should be remembered that the benchmark for the existence of losses is very important to prevent big risks that could take coins just like that so that we experience a large enough loss. Therefore, those who have fallen must be able to examine what went wrong so that it does not happen again.

[Jawadu]

• You follow a persons advice through his social account post example is Elon musk
• You still believe that a certain coin will come back from the dead even though you already knew its a scam
• you just follow your instinct and never make single research
• emotions still control you to decided

Well said and I agree with you. We should always do our own research away from the advice of another trader so that we can protect our money. Still, there are many people out there who do things easily like investing/trading any coin/token just because they saw one post on Twitter saying "This coin will pump huge" !!! Also, we have to be careful with the emotions as you said. If we cannot control our emotions, they will control us and we will continue to make bad decisions with our money when trading or investing.

[South Park]

Why some are still loosing money in crypto

In my opinion because many token in lately is scam.Many new project give good idea,give fake information about project, and when finished go away.No payment for bounty worker, and no exchange tokens for buyers from ICO.I've seen a lot of them in few month ago, and I failed also and lost money.

Obviously scammers hold a great deal of the responsibility for people losing money in this market, however we need to ask ourselves why this happens? After all we know there are scammers everywhere not only in this market and yet we see a great deal of people falling victims of scams in this market, and I really think that what happens is that people have expectations that are completely out of place, they want to become rich in months or even weeks and while there are a few members in the forum that were able to achieve something like that this is not common at all.

[CryptoLogo]

People lose money because the same people, like them, find the money somewhere. Nothing comes from nothing. If it has disappeared somewhere, it means that it has arrived somewhere. This is the law of nature, and no one can cancel it.

What do you have in mind? Obviously, money is a limited resource, and if someone has less of it, then somewhere there will be more of it, they circulate in this way in the global financial market.
But the question is why people lose money even in those moments when they should not do so due to their experience and knowledge in a market so full of opportunities.