kryptqnick
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January 12, 2022, 07:39:55 AM |
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I don't think you can make a lot of money as a trader because you have a lot of money.
However, if you are a person with a lot of basic knowledge of trading, you think it is true that you can earn a lot of money because you have a lot of money.
I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.
It would be very miserable compared to an experienced trader who traded for 3 to 5 years. In any case, each person’s wishes and 'Cause there's a way
But now I have no choice but to stop trading
Of course, I don't know if it will be possible in the future.
I want you guys to always follow the trading laws you have experienced and trade by unconditionally.
I'm sorry for your loss. I hope you followed the golden rule: only invest when you can afford to lose. It's simple, but people break it very often. I believe it's a good sign that you realize that you should stop trading of this caused a big loss of money. Perhaps you just need a different focus. For example, doing a risk-free job and investing some money longterm in Bitcoin. It's safer and less time-consuming. But if you're worried you might not be able to stop trading even though you think you should, that sounds like an addiction and should be addressed. I hope it all works out for you. Losing money is hard, but it's not the end of the world.
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molsewid
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January 12, 2022, 08:13:44 AM |
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I'm sorry for your loss. I hope you followed the golden rule: only invest when you can afford to lose. It's simple, but people break it very often. I believe it's a good sign that you realize that you should stop trading of this caused a big loss of money. Perhaps you just need a different focus. For example, doing a risk-free job and investing some money longterm in Bitcoin. It's safer and less time-consuming. But if you're worried you might not be able to stop trading even though you think you should, that sounds like an addiction and should be addressed. I hope it all works out for you. Losing money is hard, but it's not the end of the world.
I feel sad about what I have read about the end result of OP during his trading journey, yeah I do also hope that he followed the golden rule of traders and investors, and that is to only invest or trade only the amount that he can afford to lose. However, I do also believe that losing in trading and investing is natural or we will definitely be going to experience it and we will only differ on how we gonna accept those losses. I mean some of us manage to put a good amount of their money in trading and what's good about it is that's the amount that they afford to lose. I hope also OP could compose himself again and get back to trading, this time he is already a smarter trader.
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cheezcarls
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January 12, 2022, 12:49:43 PM |
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How will Bitcoin change? Or whether it can be used as banknotes
Every day, looking at the charts and looking at the blue and red Kendalls, I get stressed out,
They say there is no such thing as a noble profession, but you also need a basic base (capital) to get that job.
I don't think you can make a lot of money as a trader because you have a lot of money.
However, if you are a person with a lot of basic knowledge of trading, you think it is true that you can earn a lot of money because you have a lot of money.
I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.
It would be very miserable compared to an experienced trader who traded for 3 to 5 years. In any case, each person’s wishes and 'Cause there's a way
But now I have no choice but to stop trading
Of course, I don't know if it will be possible in the future.
I want you guys to always follow the trading laws you have experienced and trade by unconditionally.
I failed, but I wish you all a successful investment!
Google Translate may be hard to understand.
have a good day and have a good night
Trading isn’t for everyone. If it’s not for you OP, then try something else that would be your true calling. To be honest, I am not a day trader as well. I usually do a few trades in my career and most of the time I just simply sell the coins and tokens that I have coming from the airdrops, bounty programs, ambassador opportunities, etc. I also tried futures and copy trading, and lost a lot as well. But I am already aware of the risks though, as I can afford to lose those amounts.
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BitcoinAccepted
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January 12, 2022, 01:18:56 PM |
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OP, you must not give up trading the easily, especially if you really want to do it, and considering what you have already started. I agree with the other users here that saying you need to rest. I think you need to step out of the game for some time to relax, reflect, and think how would you like to be back on the game. We all know that in trading there will be moments of winning and losing, but I want to encourage you to try it some more time. And if after that you find yourself unhappy about it, then maybe it is the time to let it go.
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andriarto
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January 12, 2022, 02:49:27 PM |
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How will Bitcoin change? Or whether it can be used as banknotes
Every day, looking at the charts and looking at the blue and red Kendalls, I get stressed out,
They say there is no such thing as a noble profession, but you also need a basic base (capital) to get that job.
I don't think you can make a lot of money as a trader because you have a lot of money.
However, if you are a person with a lot of basic knowledge of trading, you think it is true that you can earn a lot of money because you have a lot of money.
I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.
It would be very miserable compared to an experienced trader who traded for 3 to 5 years. In any case, each person’s wishes and 'Cause there's a way
But now I have no choice but to stop trading
Of course, I don't know if it will be possible in the future.
I want you guys to always follow the trading laws you have experienced and trade by unconditionally.
I failed, but I wish you all a successful investment!
Google Translate may be hard to understand.
have a good day and have a good night
Trading isn’t for everyone. If it’s not for you OP, then try something else that would be your true calling. To be honest, I am not a day trader as well. I usually do a few trades in my career and most of the time I just simply sell the coins and tokens that I have coming from the airdrops, bounty programs, ambassador opportunities, etc. I also tried futures and copy trading, and lost a lot as well. But I am already aware of the risks though, as I can afford to lose those amounts. realizing the level of risk will make us more comfortable and not easy to panic sell that can harm us. indeed to do daily trading is not easy, sometimes we are made dizzy because of market movements that seem to play tricks on us. but if it is based on joy, then it seems as if the burden is off, and losing is a normal part of trading, because we believe that we will be able to make bigger profits.
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Haunebu
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January 12, 2022, 03:02:54 PM |
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This is a different topic when compared to what I am usually used to seeing in this forum. I like the fact that you are trying to help others through your own experience with cryptocurrency trading even though you aren't fluent in english.
Truthfully, whatever you stated is common sense in the crypto world, but I respect your positive intentions. Long-term HODLING>>>Day-trading in my opinion!
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sarmrakib
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January 12, 2022, 03:04:21 PM |
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How will Bitcoin change? Or whether it can be used as banknotes
Every day, looking at the charts and looking at the blue and red Kendalls, I get stressed out,
They say there is no such thing as a noble profession, but you also need a basic base (capital) to get that job.
I don't think you can make a lot of money as a trader because you have a lot of money.
However, if you are a person with a lot of basic knowledge of trading, you think it is true that you can earn a lot of money because you have a lot of money.
I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.
It would be very miserable compared to an experienced trader who traded for 3 to 5 years. In any case, each person’s wishes and 'Cause there's a way
But now I have no choice but to stop trading
Of course, I don't know if it will be possible in the future.
I want you guys to always follow the trading laws you have experienced and trade by unconditionally.
I failed, but I wish you all a successful investment!
Google Translate may be hard to understand.
have a good day and have a good night
Its your own experience you shared .There are may be something difference for others .You didn't explain the reason of your loosing on trade but you have lost your asset .However if there is nothing on it to get profit people might not take it as a profession .I have few friend who are doing it professionally and they are gaining a lot .I think there might be the reason of your lacking knowledge behind trading and also not able to make a good strategy .However you are telling that after loosing your fund you have gotten the experience ,i think everything goes wrong with you .So you are just doing it stop and i think it will be good for you not to trade here and loose your fund again .However i am also doing trade for over 2.5 year and i didn't lost everything what i have gained ,happy for it .So that i wanna suggest to the new trader to get the lesson from here and do your study and research before doing trade on the market .
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noorman0
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January 12, 2022, 04:14:33 PM |
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Just curious what trades have you made? There are certain types of trading that people get frustrated with and decide to quit. The need in trading is not only a matter of analytical ability, but also adjusting the type of trade with psychological conditions. Analysis is not always accurate, so have a backup strategy in place at all times. And always remember that 1BTC will always be 1BTC, you don't lose anything when you hold it for any length of time
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pawanjain
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January 12, 2022, 04:21:16 PM |
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I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.
That's pretty much it. You gain some and you lose come. Consider it as an amount you paid to get that experience. Real traders are those who learn from their experiences. The more mistakes you make the more you learn. But it hasn't ended here. I am sure you will keep trading after a while and start making profits as well. Just keep learning, if not yours then from the experiences of others.
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famososMuertos
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LE ☮︎ Halving es la purga
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January 12, 2022, 04:27:20 PM |
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I understand that you have used the translator, but your words seem sincere and that is appreciated.
I think there is no bitcoin discussion here (op), it is you own experience in an unexpected result, but it is not the end, each defeat or loss in this case is only the beginning, nobody limits the possibilities, only oneself.
It is good that you see the forum as a possibility to comment on your experience, that in itself is a way of revealing itself, of identifying faults.
Never lose the desire and with bitcoin even less, there are always other areas related to bitcoin for which one can start again.
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lixer
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January 12, 2022, 09:30:32 PM |
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No one won't dispute the fact that everyone wants happiness but not every opportunity is worth your time, say for example that you are a billionaire, and you've been presented with a million dollar opportunity but you know that it's only that and you will have to spend billions worth or resources to make sure it's going to be successful, would you take it? Pretty sure that most will say no. Choose the opportunity that you want to get in.
Everyone wants happiness, and when you are doing something and you’re not getting that happiness you need, then it is best to avoid such thing. Anything that I choose to do I always make sure that I’m doing the things that I’m going to love, and also things that whenever I am doing them, I will be happy doing those things. I’m not in for the kind of things that I will feel frustrated whenever I’m doing it. If you choose to be doing something that will frustrate you, something that doesn’t make you happy when you engage in it, then it is not worth it. Although sometimes some of us do choose things that are not meant for us all because we think that we are going to make profit. But it’s usually best to do something that you are passionate, and good at doing.
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Shasha80
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January 12, 2022, 10:05:38 PM |
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No one won't dispute the fact that everyone wants happiness but not every opportunity is worth your time, say for example that you are a billionaire, and you've been presented with a million dollar opportunity but you know that it's only that and you will have to spend billions worth or resources to make sure it's going to be successful, would you take it? Pretty sure that most will say no. Choose the opportunity that you want to get in.
Everyone wants happiness, and when you are doing something and you’re not getting that happiness you need, then it is best to avoid such thing. Anything that I choose to do I always make sure that I’m doing the things that I’m going to love, and also things that whenever I am doing them, I will be happy doing those things. I’m not in for the kind of things that I will feel frustrated whenever I’m doing it. If you choose to be doing something that will frustrate you, something that doesn’t make you happy when you engage in it, then it is not worth it. Although sometimes some of us do choose things that are not meant for us all because we think that we are going to make profit. But it’s usually best to do something that you are passionate, and good at doing. Life will be fun if we get happiness, therefore most people work hard in their life to be able to have a lot of money. That's because having a lot of money can buy what we want and so we get happiness. Bitcoin can give everyone the opportunity to become rich, that's the reason why Bitcoin is increasingly popular and in demand. Because if we live an unhappy life, it only makes us depressed and the worst thing will think about ending our life by suicide. After all, happiness is the most important thing in life, therefore we must be able to get happiness in our lives.
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nelson4lov
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January 12, 2022, 10:58:55 PM |
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Maybe trading isn't for you, OP and that is okay. Trading isn't for me either. Back when I was still learning day trading, I had managed to learn stuff from trading like the Bollinger Band and RSI stuffs and learning how to use those weren't enough for me to make some money and knowing that I still have a full-time job outside crypto, I know I am not going to succeed in trading because it isn't literally for me. I just went full holding after that.
True that! It's true that trading isn't for everyone. It's a big part of the reasons why we have multiple paths in crypto where you can succeed either as a: - Trader - Investor (typical DYOR investing + holding) - Earner: through skill-based opportunities to gain more crypto. Whichever paths works that works, it's completely fine. Trading is a craft and not many can master it correctly enough to be profitable.
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Mame89
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January 13, 2022, 03:37:45 AM |
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Many people have the same fate as you (OP) I am no exception, because I have also lost, falling hurts but it will hurt even more if we give up and don't try again we have already plunged into this world full of risks you just have to leave your seat and go to an open green space while reflecting and studying your every mistake and then returning to your desk.
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barbara44
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January 13, 2022, 05:26:02 AM |
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I am sorry for the kind of experience that you have had in trading cryptocurrency.
Yeah, it is usually not easy, but the experience that we get is what builds us to be better at what we do. Sometimes you never really get better until you fail at something, that’s when you realize the areas that you are meant to be putting in more of hard work.
I am wishing you success in any other thing that you choose to do, and moreover don’t forget that if you are not really good at day trading, you can still try to just hold Bitcoin and sell it when the price goes up. You can be targeting the right time to invest in the market, which is when the market is low in price, then you can invest and hold it for a long time.
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Reid
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January 13, 2022, 08:49:40 AM |
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Google Translate really sucks. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Candles became Kendalls. Damn! Well, there must always be a loser for the winners to make profit, it's the balance of things. If we are all winners then there is no need for an exchange to be made. We all try to make something out of it and on the other side of it, there is someone who is having a hard time to learn the basics. Prevention of being rekt was my first thing to think about when I started trading. I don't want to lose it all. So I took care of my money very well by being on the safe side. Didn't let my greed took over me and when I see profits I take it without even thinking twice. Profit is profit, be happy with it.
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Smartvirus
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January 13, 2022, 09:15:19 AM |
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I don't think you can make a lot of money as a trader because you have a lot of money.
This is nothing short of the truth. You don't make a lot of money in trading because you have a lot of funds to trade with though, it has its advantages in terms of a multiple on what could be gained. Upon that, traders ought to understand that, it always goes both ways and as much as you can gain, you could also loose significantly. I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.
But now I have no choice but to stop trading
Of course, I don't know if it will be possible in the future.
I failed,
Losing money to gain experience, it doesn't mean there is something lost. Its like a trade, money for some knowledge. Where it becomes a Lose is, you not making use of the knowledge you've got for some purpose . Maybe to earn with it or impact on others. It's still okay to know ones limit and when to call it off. Anyway, kudos to you too and you did good trying.
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MIner1448
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January 13, 2022, 11:25:58 AM |
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Oh, this excitement ... In fact, you never need to forget that there are gamblers who can burn their deposits on the same futures, you just had to stop when you lost your money and take a break, sometimes it gives its benefits for trader.
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jaberwock
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January 13, 2022, 11:48:15 AM |
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if you are a person with a lot of basic knowledge of trading, you think it is true that you can earn a lot of money because you have a lot of money.
I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.
All beginners in any trading (not limited to crypto trading) initially face more losses than profits and only with the help of own experiences they are making changes. So, if you start making use of your knowledge that you got from your own experiences then you may not repeat same type of mistake which would be the exact starting point of your life changing moment. now I have no choice but to stop trading
This is a common mistake of most traders; you have chosen the simpler one to get out of your trading problems but that will not relive you from all other life's problems. You may think about getting back to trading with least possible capital and always trade with stoploss.
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Ararbermas
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January 13, 2022, 11:51:38 AM |
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How will Bitcoin change? Or whether it can be used as banknotes
Every day, looking at the charts and looking at the blue and red Kendalls, I get stressed out,
They say there is no such thing as a noble profession, but you also need a basic base (capital) to get that job.
I don't think you can make a lot of money as a trader because you have a lot of money.
However, if you are a person with a lot of basic knowledge of trading, you think it is true that you can earn a lot of money because you have a lot of money.
I lost a lot of money as a trader for a year, so I gained a lot of experience in trading.
It would be very miserable compared to an experienced trader who traded for 3 to 5 years. In any case, each person’s wishes and 'Cause there's a way
But now I have no choice but to stop trading
Of course, I don't know if it will be possible in the future.
I want you guys to always follow the trading laws you have experienced and trade by unconditionally.
I failed, but I wish you all a successful investment!
Google Translate may be hard to understand.
have a good day and have a good night
that's what it is mate just accept the fact, and try paper trading first before anything else. Practice your skills and keep searching for specific information because you know if you keep making mistakes it means there's something wrong and you still lacks of information..so just be patient and learn more.. Keep backtesting as well so that you become comfortable on your strategies.. You will become successful but you need to trust yourself as well just keep believing because there's no easy way how to succeed to be honest..
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