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Author Topic: How do I not lose money in trading cryptocurrency?  (Read 2688 times)
gunhell16
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July 23, 2022, 02:59:04 AM
 #181

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.

No one can do that in reality, even the experts can't help but reduce their assets significantly in cryptocurrency due to the volatility that exists in this industry. That's why here you can measure the skill of everyone's strategy in performing crypto trading activity. That's why investing in cryptocurrency trading always comes with risk because we don't know when its market value will actually go up or down.

So when we always think to avoid losing our assets in the end, we only bring our assets closer to losing them. That's why we should always be calm when doing trading and don't give in to the weakness of our emotions in this kind of business industry.

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og kush420
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July 23, 2022, 03:25:34 PM
 #182

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.

No one can do that in reality, even the experts can't help but reduce their assets significantly in cryptocurrency due to the volatility that exists in this industry. That's why here you can measure the skill of everyone's strategy in performing crypto trading activity. That's why investing in cryptocurrency trading always comes with risk because we don't know when its market value will actually go up or down.

So when we always think to avoid losing our assets in the end, we only bring our assets closer to losing them. That's why we should always be calm when doing trading and don't give in to the weakness of our emotions in this kind of business industry.
Well you are right but the risk is in everything be it crypto or another investment - something even the most sure investment turns out to be an excessive loss.
However - this depends on your luck what you are going to get or loose. One should do the thing without hurting anyone and with good intention. 

Wawa2013
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July 31, 2022, 10:16:39 AM
 #183

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.

No one can do that in reality, even the experts can't help but reduce their assets significantly in cryptocurrency due to the volatility that exists in this industry. That's why here you can measure the skill of everyone's strategy in performing crypto trading activity. That's why investing in cryptocurrency trading always comes with risk because we don't know when its market value will actually go up or down.

So when we always think to avoid losing our assets in the end, we only bring our assets closer to losing them. That's why we should always be calm when doing trading and don't give in to the weakness of our emotions in this kind of business industry.

It is impossible for us to trade crypto without experiencing any losses at all, as you said even professional traders will find it difficult to avoid losses.
We must remember that the crypto market is very volatile, so the risk is very high. That's why we must have good analytical skills if we want
to trade crypto, at least with a good analysis we can predict what will happen in the future, although our predictions are often inaccurate. But at least
we can have a little idea where the crypto market will move, so we can prepare the right strategy to bring us closer to profit.

We can also use the cutloss feature to minimize losses. Please just do a good preparation when trading, then we will not panic when the market
moves not as we expected, because we have prepared a backup plan. Another thing maybe we should start to control our emotions well,
because in crypto trading patience is the main key to success. And also with well-controlled emotions, we can distance ourselves from greed,
which can be one of the reasons we experience losses when trading.

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AnonBitCoiner
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August 02, 2022, 02:49:25 PM
 #184

Trading needs your time and perhaps your whole day because there is increase and decrease in price of the market so you should have eyes on market price. If the worth is higher then you should never buy any coin because it could be a cause of your loss. You should have patience and do no be in hurry to make the profit at once. It will surely take time.



 

 

 

 

 

 


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August 02, 2022, 03:24:35 PM
 #185

Trading needs your time and perhaps your whole day because there is increase and decrease in price of the market so you should have eyes on market price. If the worth is higher then you should never buy any coin because it could be a cause of your loss. You should have patience and do no be in hurry to make the profit at once. It will surely take time.
I guess those who are experienced in trading will not need all their day to look at the market. some traders who want to make daily profits may only trade for 3-5 hours in a day. that alone could be faster if they could get profits sooner.
the key I think is choosing the right asset and the right time to buy. That ability I think needs to be considered for anyone who wants to trade.

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August 02, 2022, 08:10:13 PM
 #186

Trading needs your time and perhaps your whole day because there is increase and decrease in price of the market so you should have eyes on market price. If the worth is higher then you should never buy any coin because it could be a cause of your loss. You should have patience and do no be in hurry to make the profit at once. It will surely take time.
But, we have trading bots where you can just program and they'll be the one that does the job for you so there is no need for you to monitor the market the whole day. These trading bots can get signals or updates about what's going on in the market so no need to worry.

If we are still a newbie in trading and on other things related to it then yes we might need a whole day to learn it but only if we want to learn faster, if not then we can just read and practice for a couple of hours per day. Patience is needed to wait for the coin to drop before we buy and also to wait for them to increase for us to sell. What the op wants is only impossible though.
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August 02, 2022, 08:17:55 PM
 #187

Trading needs your time and perhaps your whole day because there is increase and decrease in price of the market so you should have eyes on market price. If the worth is higher then you should never buy any coin because it could be a cause of your loss. You should have patience and do no be in hurry to make the profit at once. It will surely take time.
But, we have trading bots where you can just program and they'll be the one that does the job for you so there is no need for you to monitor the market the whole day. These trading bots can get signals or updates about what's going on in the market so no need to worry.

If we are still a newbie in trading and on other things related to it then yes we might need a whole day to learn it but only if we want to learn faster, if not then we can just read and practice for a couple of hours per day. Patience is needed to wait for the coin to drop before we buy and also to wait for them to increase for us to sell. What the op wants is only impossible though.
LOL!

Trading bots could get signals and updates and adjust through it? You do make me laugh my friend.If you do really know on whats a trading bot then for sure you would be laughing into your own comment or post. Just to make it clear that bots are for automation, yes it would really make your trading more easier and convenient but doesnt mean that it could self adjust whenever there's changes
on market trend or situation which means that it would be needing for its user or trader to change up commands for it to execute.Its not automatic which means that you would really be needing
yourself to be knowledgeable and skillful in order for you to set everything.

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August 03, 2022, 02:09:28 PM
 #188

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 there was actually a way you could trade cryptocurrency by not losing money, I bet you everybody will be a crypto trader today. But such is impossible which is why trading is a high demand skill that requires much learning, critical thinking and ones ability to analyze chart to predict possible outcomes, even thou at times not 100% correct. So as for the O.P, if you want to be a good crypto trader you just have to first learn to understand the basics of trading, read good trading books, physical or online trading classes, so that even if you lose a trade, it won't be that much because you already knows the basis

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August 03, 2022, 06:03:49 PM
 #189

there is only one way, if you want to avoid losing in crypto currency you have to do only one thing,
namely don't be greedy, haha, this is the reason we lose money when trading, especially in crypto currencies with high volatility,
making the money disappear quickly. easy, and one more thing, don't hold it for long time

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August 03, 2022, 11:52:54 PM
 #190

there is only one way, if you want to avoid losing in crypto currency you have to do only one thing,
namely don't be greedy, haha, this is the reason we lose money when trading, especially in crypto currencies with high volatility,
making the money disappear quickly. easy, and one more thing, don't hold it for long time
Even you do make yourself not to be greedy then for sure you would still experience losses because this thing is something inevitable but somewhat if you arent that greedy then you
wont really be making yourself not that impulsive or reactive when it comes to losses which might result on chasing your losses or trying out to break even on the lost capital you do have.
You should welcome on losing because this is something that would help you to be come a better trader and instead on freaking out then why not
try to learn something from it?

R


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August 03, 2022, 11:57:29 PM
 #191

there is only one way, if you want to avoid losing in crypto currency you have to do only one thing,
namely don't be greedy, haha, this is the reason we lose money when trading, especially in crypto currencies with high volatility,
making the money disappear quickly. easy, and one more thing, don't hold it for long time
Even you do make yourself not to be greedy then for sure you would still experience losses because this thing is something inevitable but somewhat if you arent that greedy then you
wont really be making yourself not that impulsive or reactive when it comes to losses which might result on chasing your losses or trying out to break even on the lost capital you do have.
You should welcome on losing because this is something that would help you to be come a better trader and instead on freaking out then why not
try to learn something from it?

losses in trading is just a normal thing, but you can always reduce your losses by carefully studying your moves. greed is always there, we can't totally remove that in every trader. but thru time, we will learn the tips and tricks in this trade. and we can use those to our advantage. don't rush, because you may incur mistakes if you are in a hurry to achieve something. take your time, and as much as possible, calculate the risks you are getting into.

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August 04, 2022, 02:54:00 AM
 #192

there is only one way, if you want to avoid losing in crypto currency you have to do only one thing,
namely don't be greedy, haha, this is the reason we lose money when trading, especially in crypto currencies with high volatility,
making the money disappear quickly. easy, and one more thing, don't hold it for long time
Even you do make yourself not to be greedy then for sure you would still experience losses because this thing is something inevitable but somewhat if you arent that greedy then you
wont really be making yourself not that impulsive or reactive when it comes to losses which might result on chasing your losses or trying out to break even on the lost capital you do have.
You should welcome on losing because this is something that would help you to be come a better trader and instead on freaking out then why not
try to learn something from it?

losses in trading is just a normal thing, but you can always reduce your losses by carefully studying your moves. greed is always there, we can't totally remove that in every trader. but thru time, we will learn the tips and tricks in this trade. and we can use those to our advantage. don't rush, because you may incur mistakes if you are in a hurry to achieve something. take your time, and as much as possible, calculate the risks you are getting into.
there will always be a risk. therefore, in trading, we should use the money we can at least afford to lose. so there will be a limit in the trades we do.
Don't obsess over big profits in trading. because it will make us put all our money just for our luck in the market.
before trading, we should indeed have plenty of time for us to learn and listen. no trader is truly an expert. they are just trying their best to reduce the risk of the trades they make.


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August 04, 2022, 12:43:22 PM
 #193

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.

Sorry to say that the only way for you not to lose your money in trading is by not trading at all. In other words, do nothing but simply let your money sit there and remain it as ease. By letting it sit in your bank account, your money won’t grow or fall.

You can’t be successful without taking risks. In crypto trading no matter if you are a newbie, beginner, average joe, pro or a guru, you are not exempted to experience losses in trading. The market is the master around here which is unpredictable, so anything could happen to the price movement without warning. Be prepared to expect the unexpected, so make sure that you only invest and trade an amount that you can afford to lose.

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August 04, 2022, 01:26:29 PM
 #194

Trading on cryptocurrency is the way for losing your money when choose wrong way by trade or invest on bad reputation coins or wrong moment when investing or trading, if you afraid with losing money in trading on cryptocurrency better keep hold and save your money in the bank. How most accurate with your predicting and how expensive signal premium you paid have chance with wrong signal given. I think before try with trading you need to use free money and when losing by wrong coin trade you can accept it, but you can make analyze firstly before make trading and choose which one potential coins to buy and keep entry when bitcoin or altcoin with lower price.

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August 04, 2022, 07:29:47 PM
 #195

Trading on cryptocurrency is the way for losing your money when choose wrong way by trade or invest on bad reputation coins or wrong moment when investing or trading, if you afraid with losing money in trading on cryptocurrency better keep hold and save your money in the bank. How most accurate with your predicting and how expensive signal premium you paid have chance with wrong signal given. I think before try with trading you need to use free money and when losing by wrong coin trade you can accept it, but you can make analyze firstly before make trading and choose which one potential coins to buy and keep entry when bitcoin or altcoin with lower price.
Making money is contrary to losing money in trading. But all these losing can be reduced but can't be prevented because it's fact and compulsory that one must lose in trading, it's unpredictable despite using trading bots and sometimes you also subscribe for premium signals which still by one way or the other failed and gives the wrong coin to trade with. Trading are best for traders because it's their only means they know in the space to make profits.

Free space
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August 04, 2022, 08:39:48 PM
 #196

Trading on cryptocurrency is the way for losing your money when choose wrong way by trade or invest on bad reputation coins or wrong moment when investing or trading, if you afraid with losing money in trading on cryptocurrency better keep hold and save your money in the bank. How most accurate with your predicting and how expensive signal premium you paid have chance with wrong signal given. I think before try with trading you need to use free money and when losing by wrong coin trade you can accept it, but you can make analyze firstly before make trading and choose which one potential coins to buy and keep entry when bitcoin or altcoin with lower price.
Making money is contrary to losing money in trading. But all these losing can be reduced but can't be prevented because it's fact and compulsory that one must lose in trading, it's unpredictable despite using trading bots and sometimes you also subscribe for premium signals which still by one way or the other failed and gives the wrong coin to trade with. Trading are best for traders because it's their only means they know in the space to make profits.
Actually you could really make yourself wont be minding about losing money if you are really just accepting the risk involved with trading.Although it might not be the same as gambling since you could really apply

skills and knowledge with trading which is totally opposite when you do gamble and thats an another story.Just like what been said that losing is something that you cant really avoid but one thing you should bare on mind

that you should really be ending up on being profitable with every trade that you do make.Dont be perfectionist because it cant be possible and there's no such trader to have this kind of reputation
but we know the lessening out the  risk could really happen and thats the only way.

R


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August 08, 2022, 02:48:23 PM
 #197

There is no way you will read it that you will not lose money losing money is a correction of any trader. Because without you losing money you cannot pick a correction that is the rules and regulation of threading you must have lose a big money or us more money before you become a successful trader because you losing money will make you to be conscious they are threatening this time so any successful trader will tell you how much it is before it become a perfect trader

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August 08, 2022, 11:33:24 PM
 #198

Sorry to say that the only way for you not to lose your money in trading is by not trading at all. In other words, do nothing but simply let your money sit there and remain it as ease. By letting it sit in your bank account, your money won’t grow or fall.
Yep. If someone is afraid to lose money, he shouldn't try to trade at all.  Cheesy
There is always a chance to lose money in trading, it is something unavoided. Expert traders must have experienced many losses before they have enough knowledge and experience in trading. No perfect trader who never failed at all.

You are right, just store money in the bank account if someone feels worried about losing money.

You can’t be successful without taking risks. In crypto trading no matter if you are a newbie, beginner, average joe, pro or a guru, you are not exempted to experience losses in trading. The market is the master around here which is unpredictable, so anything could happen to the price movement without warning.
Sure, no success without failure.
A successful trader must ever face failures, but never stops and continue learning more. If someone isn't ready for the possibility of losses, he won't have a chance to succeed in crypto trading. Crypto market isn't something easy to predict, there will be always risks of losing money.


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gunhell16
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August 09, 2022, 02:38:24 AM
 #199

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.

Entering the crypto trading industry you must also keep in mind that as an individual trader we can never avoid not losing in doing so on any exchange platform. This is what you should know. If that's what you want to happen, how to avoid not losing when trading in crypto can't happen, that's why a trader has only two choices and it's only BUY and SELL and there's nothing else. Now, regarding how to know when is the right time or opportunity to buy or sell, I think in that matter in my own opinion we need to know the proper use of signals and tools indicators so that we can do the right thing in this matter anyway.

There is no way you will read it that you will not lose money losing money is a correction of any trader. Because without you losing money you cannot pick a correction that is the rules and regulation of threading you must have lose a big money or us more money before you become a successful trader because you losing money will make you to be conscious they are threatening this time so any successful trader will tell you how much it is before it become a perfect trader

In short, there is no successful person who has not faced failure in times when he has not been successful, and we all experience this. So, if we experience losing in trading it is normal for a trader, and it is part of our experience to learn more about this matter. Besides that, let's turn defeat into vitamins so that we can become stronger and wiser in this industry of the crypto world. Instead of avoiding it, it's better to embrace it and not let go, in short, "Dare to Fail"

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maybukaspa
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August 09, 2022, 03:15:20 AM
 #200

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.

I think even understanding the market is not enough, also there is no such tool's that can give you like always a win trade. Trading is like a gambling, sometimes you win and sometimes you lose. What in those two where you will end up? And always only afford what you can lose. Trading requires year's of knowledge in able like to made more wins than losing. Other's always think that crypto is the one gonna make them rich, well for sure others do become rich with trading, but i am so sure not all of them made it to the top.
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