How do I not lose money in trading cryptocurrency?

[sarmrakib]

To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.

Its really tough to get profit on trading .We all know that trading is a great way of earning but we have to be good trader to get profit from trading .You are saying very easily that to invest on the market and exit when you get profit ,How could you be sure that you can do it so easily ?/If market goes negatively it can washes your portfolio if you are leverage trader .On the other hand if you are spot trader your capital will be decrease .So that we need to research the market and study always to become success on trading .One thing more even a master trader could not give you guarantee that he will get profit in every trading but the ratio will be high for sure .

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[blockman]

You should immediately understand that losses in the process of work are normal, although not the most positive. The very outcome of the work depends on the trader. For example, in order to have more experience in this industry

As usual, losing is part of growing up in this market. You'll get lost most of the time but if you don't learn from it, that will create abnormal growth to you.
But the typical traders that are growing are the ones that fail at their very first tries, they don't give up that easily because they know that it's going to be their foundation to grow.

[airdata]

If anyone tell you the there are way in which you will trade and not make any lost I think that person is invariably telling you that you should not trade so as to avoid loses. There is no way in which one will trade without making any lost if it comes to trading crypto currency or any other one you can think of like Forex or stock market.

loss is a another part of every investment, every Trading, we can't expect just profit from Trading or investment. And you are correct that not have any way to earn profit without any loss.             

[chaser15]

If anyone tell you the there are way in which you will trade and not make any lost I think that person is invariably telling you that you should not trade so as to avoid loses. There is no way in which one will trade without making any lost if it comes to trading crypto currency or any other one you can think of like Forex or stock market.

loss is a another part of every investment, every Trading, we can't expect just profit from Trading or investment. And you are correct that not have any way to earn profit without any loss.             

I don't understand why other people are thinking of a way not to lose money in crypto. What should they think about is, how to minimize losses. No one is able to avoid at 100% every market negative effect. We should be used to facing that kind of scenario.

There's no smooth trading experience as no one can be perfect with it but with the right focus and seriousness, we can think of a way how to minimize losses.

[galambo]

Just trade every day. Don't stop and learn from each of your mistakes. It's impossible not to lose in trading. There's no perfect trader and even the expert ones are also losing. Even the experts are failing to buy or sell at their considered right time.

That timing requires long experience. You won't able to determine that within just a few tries. You will be used to doing that soon.

Well OP question is how not to lose money in trading. The easiest way of not losing money while trading is not to trade at all. Risk is the main factor that can either double your investment or rip you from your money. There is no absolute strategy that guarantees zero money loss. You need to prepare your first for risk involved in crypto trading, else not to trade.

[LUCKMCFLY]

how fantastic it would be if people entered this market, traded and didn't lose money. but reality shows us something completely different. no matter how much the person knows a lot, in practice the person loses money that's why many trades keep selling courses and create channels on youtube to make money because they can't make money trading. the sad reality.

You can just minimize your losses but at one point, the trader will lose some and win some.

True, the most important thing is to have more victories than defeats, in this case more hits than mistakes

In this they are absolutely right, in commerce there are times when you win and lose, the fact of losing does not mean that it is a crime or that it is seen as something from another world that cannot happen, or something that is a reason for Shame, on the contrary, when they assume that they lose, it is synonymous with a person who is centered, who accepts their mistakes and who is willing to correct those mistakes, it is not bad, sometimes when people say that they never lose, it is Hard to believe unless you are always in the market without exiting and a position is supported in a contrary way with some leverage.

[martina14]

To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.

If you want to become one of the crypto traders here in this business field, losing your assets whatever it is very unavoidable and inevitable as well. That is why some of the experts you need to become one of the risk taker as an individual traders here in crypto space. That is why you need to study while doing trade activity here something like that.

[Evgenklm]

in any case, there is no 100% probability not to make a mistake when trading, here I think there should be experience behind you and trade with the money that you are ready to say goodbye to, and I would also trade with coins from the top 10, where there will always be a recovery after a deep correction.

[MFahad]

Yes i totally agreed with your view but add something more.
You should not enter the market when all market tokens are in Fomo because its totally bullish and dump game. Always try to take entry which is far away from All time high. Always choose top coins because they have high chances to recover soon.

[Alisha-k]

No matter how careful you become or how much you study the market before going in, one thing is sure, they'll certainly be a time when you'll lose maybe not all but a certain amount of money, it's basically unavoidable. But you can use stop loss as well, I believe that should help.

[Tumanggor]

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let's be honest, your words are really difficult to handle because the most important thing to be successful in crypto trading is to have good emotional control

people who can manage their finances are people who have emotional intelligence and also good logic, while using emergency savings money to trade is a reckless act

[Fakhrulenclix]

If you are prepared to wait a long time, you will not lose your money. The altcoins you invest in must be potential altcoins, which will not be a scam in the end. Likewise with the money we have, make sure there are other savings if the holding is running. this will make it easier for you in case of a long term dump.

[carlisle1]

In this they are absolutely right, in commerce there are times when you win and lose, the fact of losing does not mean that it is a crime or that it is seen as something from another world that cannot happen, or something that is a reason for Shame, on the contrary, when they assume that they lose, it is synonymous with a person who is centered, who accepts their mistakes and who is willing to correct those mistakes, it is not bad, sometimes when people say that they never lose, it is Hard to believe unless you are always in the market without exiting and a position is supported in a contrary way with some leverage.

I don't know, but for me, losing is part of this market. No one can say that they did not experience any losing position.

It's true that mistake can be used as good ladder to formulate much better strategy,
a trader who knows how to deal with failures is the one who also enjoys a lot when t started to gain using a working system.

You always have that chance to keep improving your opportunities, just never to lose hope when you make a mistake, move forward and let those
early failures be your guide and inspiration to be better from this industry.

[zaesvlas]

It is important not to rush and analyze your decisions. Very often it is haste that leads to mistakes.

[ven7net]

To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.

As for investing, the main thing here is to adhere to the basic rules. It doesn't matter whether you are a beginner or a pro, there are rules in every direction and you need to adhere to them in order to achieve success. Investing in cryptocurrency itself is a high-risk occupation, but at the same time it is also highly profitable. The risk of losing your funds is as great as that of making a big profit, but if we want to protect ourselves from losing funds, then first of all we must choose the best crypto asset for investing, and then invest only those funds that are ready to lose. It is also very important to withdraw the deposit on time, as well as fix the profit, these actions will help you feel more confident.

[qwertyup23]

To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.

To be honest, there is no absolute formula in trading that will guarantee you profit in every trade.

Just like in stocks, it is imperative that you both study the technical analysis and the external/internal factors of a cryptocurrency before you splurge your resources into such. Another thing, if you consider yourself as a newbie/beginner in the trading world, I highly recommend that you avoid trading using large amount of money. Experience and knowledge of the market is the key in order to at least mitigate the risks of losing your money in the process.

I remembered, I read an article where 97% of beginner traders lose their money in the process due to the lack of experience. With such kind of data, I really recommend you to trade on small amounts just to acquire the knowledge on the market.

[boyptc]

It is important not to rush and analyze your decisions. Very often it is haste that leads to mistakes.

Yep.

Panicking makes someone lose money in trading cryptos.

That's why you see people panic sell whenever there's a bad news and they are too much reliant on it. And when there's a good news, they do nothing as if there's no impact when there's a good news.

[TimeTeller]

It is important not to rush and analyze your decisions. Very often it is haste that leads to mistakes.

Yep.

Panicking makes someone lose money in trading cryptos.

That's why you see people panic sell whenever there's a bad news and they are too much reliant on it. And when there's a good news, they do nothing as if there's no impact when there's a good news.

Also, let us admit the fact that even if you are a good trader, at one point you will also incur losses.
It may be the strategy or the situation, but we can't 100% achieve of no losses in trading.
You just want to minimize losses as much as possible if you can't avoid it.
And most of the time, people panic once they see the reddish market. And they sell even at a loss.
If you are long enough in this market, you will always expect the up and down movements.
And take advantage once you are on the positive side. Even if the profit is not that big, it is much better rather than sell it at a loss.

[JunkieMiner]

there are three significant slip-up in reason of your resources lost Not knowing where you fizzled and Buying modest coins and number three is Emotions

presently talk about initial one – Not knowing where the error was made is something typical with regards to new brokers. Continuously have the presence ofin mind when you spot to purchase/offer requests and attempt to utilize trade site highlights like request history to have the option to find your missteps. Notwithstanding test your "speculations" never go live and attempt to utilize test exchanging records to have better control.

furthermore, second Buying modest coins – One of the normal slip-ups that new brokers experience is having the inclination to purchase modest alt coins that "guarantee" to be better at what they do; hence expanding the modest coins esteem inside the following not many months. It's alright to put resources into ICO's on the off chance that you realize what you're getting yourself in, however in case you are only new to the game avoid it. Put resources into crypto that has effectively demonstrated their value and work with that.

also, the third one is feelings – Never allowed your feelings to defeat you. This is something that the greater part of the aides today consistently incorporate with regards to exchanging. The best brokers realize how to wind down their feelings and pick legitimate ways of procuring

[ItsCrafty]

Trading is depends upon mostly the way someone performs to it and the strategies the trader follows in trading, but I think the most important part of trading comes when someone have the ability to hold these type of coins which are giving loss in the current condition but after having some patience, the same coins will give more profit to the trader.