why some are still loosing money in crypto

[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.

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[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.