How do I not lose money in trading cryptocurrency?

[Jaycee99]

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.

This reply of mine is not purely trading but let me start of trading is not that simple which you could learn more from this https://gadgets.ndtv.com/cryptocurrency/opinion/how-not-to-lose-money-in-crypto-2554100 when creating a topic to get merits.

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Second this.....

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Some tips

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[Bagaji]

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.

[LastKiss]

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.

It's almost impossible I guess to not lose money in trading especially in this crypto space, having some experience and doing some research before you investing will only reduce your chance on losing your money not giving you a guaranteed win. Just always remember to use your money that you can afford to lose to prevent any disappointment in further.

[carrigan]

Every investment or trading must have risks and you can also experience these risks at any time such as losing money or something else. What can be done is only to reduce the risk of it happening or minimize the money that will be lost or harmed. First you have to manage the internal factors that exist within you, namely emotions, this is very important because usually those who are impatient will more easily fall into losses. Second, you have to be smart in determining when to hold and release the coin. And finally, don't forget to activate the stop loss.

[Stedsm]

Please don't believe that you can never incur losses while trading because without losses, a trader can't become professional in his trading as he learns from his mistakes. And with that said, I'd also emphasize more on patience, if you'd have bought crypto with spare money during previous years (take any year) and hodl till now, then that spare money would have been worth a fortune now as you could have something that'd be worth more than your next 10 years of collective earnings.

[Cling18]

Losing money in crypto especially when you're just beginning is normal. What is important is you'll take your mistake as a lesson because, to be honest, everything could be learned in trading but it will take a long time. You should know how to deal with every market situation and take advantage of it. Setting a target goal and reaching it could also be a good move.

[Kelvinid]

Losing money in crypto especially when you're just beginning is normal. What is important is you'll take your mistake as a lesson because, to be honest, everything could be learned in trading but it will take a long time. You should know how to deal with every market situation and take advantage of it. Setting a target goal and reaching it could also be a good move.

Consider those bad days as a tool to make things good somewhat in the future. Those people who could understand how was possible, are those people who could easily make change to their approach on the market.

Losing really hurts us but that we need to face and accept it since we are in the field where it was too risky and losing can't be avoided. Trading isn't all about looking for a strategy that we don't want to lose because whether we like it or not, losing is a part of our trading journey. Many have come and try but it can't deny that they have been experiecing losses before they'ed learn.

[molsewid]

Losing money in crypto especially when you're just beginning is normal. What is important is you'll take your mistake as a lesson because, to be honest, everything could be learned in trading but it will take a long time. You should know how to deal with every market situation and take advantage of it. Setting a target goal and reaching it could also be a good move.

Losing a capital or a slight of your capital in trading is inevitable that's why we always keep on reminding here on forum "invest what you can only afford to lose" because in trading is not always a win-win rate, the market of crypto was so volatile and this is the main thing that a trader would have to master with. Losing is normal as long as you learn from every loss profit that a trader commit but to be able to minimize the losses as trader it's our responsibility to know which token worthy to invest and invest at your own risk.

[sulendra12]

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.

Wow, it's so easy for you to say that! But do you know that requires practice and knowledge first before getting something from trading. You can't just jump into trading and do everything at once and hoping for the greatest result you could get, no it doesn't work like that.

Losing for the first it's fine and it's a part of experience so you won't fall at the same mistake again and as the time you gaining more knowledge by doing more trading then you will gain more confidence in yourself and you can be better at trading on different situations, that's what I would think the best to slowly gaining your fundamental on trading.

[Rakeshten]

Yes, you must have knowledge about charts to decrease the chances of losing money. If you can analyze the market then you will get the right time to enter the market and the right time to exit from the market. That is most important for getting profit in trading.

[Sterbens]

Yes, you must have knowledge about charts to decrease the chances of losing money. If you can analyze the market then you will get the right time to enter the market and the right time to exit from the market. That is most important for getting profit in trading.

The point is to always monitor the latest news about crypto, at least the coins we hold, that's quite helpful. This is because market price speculation always causes a fairly dominant movement. Regarding when to enter or exit, it depends on the time you have. Timeliness cannot be measured just by looking at the graph, even indicators need to be balanced with speculation circulating in several media.

[Sihab76]

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.

D Trading is a complex process. In case of trading, you will not be able to chat without understanding. You must have previous experience to trade. You need to be aware of different exchanges.

[topbitcoin]

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.

Forcing ourself to get profit back, usually is made it worse. And that is why money management is an important thing to know because in trading we must not know how to get profit back, but we must ready to lose some of our money. Sometimes in bad condition, take a rest from trading after big losses is good to do to fix our mental condition.

[Anguwa]

Trading really involves risk, and patience, the main fact about it is there is gain and lost attached. But once one is able to learn some basic trading strategies, and also take time to understand market, the lost will be minimal.

[ningrum]

Trading really involves risk, and patience, the main fact about it is there is gain and lost attached. But once one is able to learn some basic trading strategies, and also take time to understand market, the lost will be minimal.

It all goes back to one's knowledge and skills because these two things play an important role in trading,
in crypto the risk will always be there so it's not that easy to make a profit,
trading in crypto is very complex so it takes more effort

[Shasha80]

Trading really involves risk, and patience, the main fact about it is there is gain and lost attached. But once one is able to learn some basic trading strategies, and also take time to understand market, the lost will be minimal.

It all goes back to one's knowledge and skills because these two things play an important role in trading,
in crypto the risk will always be there so it's not that easy to make a profit,
trading in crypto is very complex so it takes more effort

I agree to say that trading is complicated and not easy to make profit from trading. Moreover, crypto prices are very volatile and of course crypto trends
are always changing every year. This is what makes it difficult for us to predict crypto movements, it takes experience and expertise in reading crypto
price movements in the market. Why do I always say we can do crypto trading by first studying how the crypto world works, so that we can
understand how to make good decisions. Don't trade crypto but rely on other people's opinions, it will only cost us a lot of money. We really have to be
able to do our own analysis, to be able to predict where the market will move. And there is no single way that makes us not lose money when
trading crypto, because no matter how good people are at reading the market, still there will be losses. That's why crypto trading has a very
high risk, because we can't avoid experiencing any loss at all, what we can do is minimize losses and maximize the profits we generate.

[Botnake]

Trading really involves risk, and patience, the main fact about it is there is gain and lost attached. But once one is able to learn some basic trading strategies, and also take time to understand market, the lost will be minimal.

It all goes back to one's knowledge and skills because these two things play an important role in trading,
in crypto the risk will always be there so it's not that easy to make a profit,
trading in crypto is very complex so it takes more effort

Trading has its own high risk so if a trader cannot manage the risk, of course he will be prone to losing his money. So trading really is not just making profits all the time, its also capable of losing our funds. If you find it hard that you'll gonna lose money in trading, then simply don't trade but hold only. In this way, you will never lose your funds, unless you start panic selling because the market is gradually experiencing more dips rather than seeing your coins reaching high value.

[Oilacris]

Trading really involves risk, and patience, the main fact about it is there is gain and lost attached. But once one is able to learn some basic trading strategies, and also take time to understand market, the lost will be minimal.

It all goes back to one's knowledge and skills because these two things play an important role in trading,
in crypto the risk will always be there so it's not that easy to make a profit,
trading in crypto is very complex so it takes more effort

Trading has its own high risk so if a trader cannot manage the risk, of course he will be prone to losing his money. So trading really is not just making profits all the time, its also capable of losing our funds. If you find it hard that you'll gonna lose money in trading, then simply don't trade but hold only. In this way, you will never lose your funds, unless you start panic selling because the market is gradually experiencing more dips rather than seeing your coins reaching high value.

Very wrong belief into those people whom do really sees that trading do make out profits on assured manner which is really a very wrong belief or mindset to have because thats not how it works.

Trading does need effort and time spent for you to have a good grasp on it and of course it would really be needing that engagement and perseverance because this is an unpredictable market.

There's no way you could able to handle it out on just few tries.Even pros or veterans do still lose money no matter how good their analysis is.

[freedomgo]

Trading really involves risk, and patience, the main fact about it is there is gain and lost attached. But once one is able to learn some basic trading strategies, and also take time to understand market, the lost will be minimal.

This is correct, we can’t trade without losing money because we are just human and we are trading against other traders, someone will always outsmart you so better to be ready for that. What matters here is that, being consistent on your strategy that allows you to be more profitable over time, don’t just set goal in short term, you have to make it longer and have your target profit over all, you can achieve it even if you also have losses, this is normal in trading.

Exactly. Facing losses in trading is a normal scenario, one may gain profits while the other trader losses. So if you want to stay long in trading, just focus on the positive side that at the end of the day, you will also make good profits. Yes, you may lose sometime, but its always winning most of the time, only if you are able to do a good trade despite of the sudden crash in the market. But if you can't accept the fact that trading is also about losing, better stay way from trading.

[taufik123]

Exactly. Facing losses in trading is a normal scenario, one may gain profits while the other trader losses. So if you want to stay long in trading, just focus on the positive side that at the end of the day, you will also make good profits. Yes, you may lose sometime, but its always winning most of the time, only if you are able to do a good trade despite of the sudden crash in the market. But if you can't accept the fact that trading is also about losing, better stay way from trading.

Getting a big profit on that trade depends on how effective the strategy is and the target you want to achieve. Sometimes people who are new to the world of trading just want the profits without worrying about the losses that will be experienced. Profits and losses are bound to happen, but strategies need to be prepared. When the market suddenly crashes, good management will save you and be able to buy at a lower price.
Learning good and correct trading knowledge is very necessary. and starting good management will save your trading.