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Author Topic: Traders paradise  (Read 1374 times)
Tellek Garing (OP)
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April 22, 2022, 04:07:40 PM
 #1

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
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April 22, 2022, 04:29:45 PM
 #2

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading,
(.......)
It's very normal. Especially influencers who are just collecting some referrals to some people.
You should be aware if you want to start trading, you should identify your goal, you should not say you are only trading because someone told you or for easy money, you should expect some negative too, trading can make you bankrupt too.

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April 22, 2022, 04:41:35 PM
 #3

Trading is not the same as selling products that can make you profit easily without knowledge you will end up losing your money.
You should learn and experience how exactly trading works and it's up to you how you can make a profit by trading.

If you want to make a profit in trading you must study and learn some techniques and learn how to read charts. You don't need to risk money as a beginner you can trade with trading simulators that don't need to deposit.

I suggest you read the two techniques that will help you to make a profit under this link below.

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

Scroll down and look for fundamental and technical analysis. And the link above has lots of free tools including a trading simulator and aggregators. Use the skill that you learn from TA and FA with the trading simulator to avoid losing money. Then apply the effective strategy to real exchange.

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Tellek Garing (OP)
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April 22, 2022, 04:57:14 PM
 #4

Thank you all for you clear and insight on this subject matter I now know for the fact that investing is less risky compared to trading as the cryptocurrency market is always volatile but the fact that I lose in some cases does not make me a total failure in trading and haven't lose in some trades and also gain in some other make me realize that skills is the most essential and an integral aspect of cryptocurrency trading.
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April 22, 2022, 05:45:57 PM
 #5

Thank you all for you clear and insight on this subject matter I now know for the fact that investing is less risky compared to trading as the cryptocurrency market is always volatile
If you don't like to deal with complicated trades and the market itself as most times, choose to be an investor and just hold those cryptos that you like for a period of time.

but the fact that I lose in some cases does not make me a total failure in trading and haven't lose in some trades and also gain in some other make me realize that skills is the most essential and an integral aspect of cryptocurrency trading.
Just think of those losses as lessons.

They're paid off as a lesson and you have to learn with those losses so that it won't be put into waste if you apply the learnings there for your next trades.

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April 22, 2022, 05:49:53 PM
 #6

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Trust me it's a good venture only for that 1% of people who have the right mindset, right knowledge and obviously a bit of luck as well, if your friend is making profits and even if he tells you all his strategy there are still high chances you'll not start making money in markets through trading. It is Mathematics if you do it mechanically but the problem is emotions which humans have which makes it difficult to trade in volatile situations, you will tend to  over do/ overthink whenever you are in the trade, you will have your biases and rigidness, learning trading is a very long and hectic activity, give yourself atleast an year only learning trading to become succesful in trading.
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April 22, 2022, 05:56:04 PM
 #7

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

2 years of successes for your friend? Well we bull market for last 2 years so it was quite easy to profit when almost all coins pump 5-100x in that period and whole market pumped from $150B to $2.9T (20x) (total marketcap of all coins including bitcoin). I'm not surprised at all that you have a rough experience now when whole market dumped from 2.9T$ to 1.8T$ in last 5 months and some projects dumped 80% already. Its hard time even for experienced traders.

if you are just starting ... limit your entry to minimum. Like 10$ per trade. This will limit your learning cost because most likely you will wipe out your portfolio many times. Especially during bear market.
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April 22, 2022, 06:08:46 PM
 #8

It is better for you at the early stage that you are seeing some losses so you can begin early to work it rather not when you think that you have knowledge in trading and you begin to lose money. This stage is learning stage and see your losses that way too. Your friend is showing you profit but not losses and this is what most traders do to win people over in their trade for copy trading. Don't trade with high leverage if you want to succeed in the market.
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April 22, 2022, 08:49:03 PM
 #9

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Do not worry this is natural, it is very rare that for someone that is new to this market success will come immediately to him, this is something that takes time but fortunately for you there is something you have that most traders in the market do not have, and that is a mentor you can ask questions.

If your friend is someone that can actually make money from the markets then you can ask him questions about what books to read so you can also have the same success as him, it is not going to be an easy journey but without a doubt your path can be way easier than the one the majority have to go through if you know how to take advantage of the knowledge your friend can impart to you.

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April 22, 2022, 08:52:15 PM
 #10

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Your friend is selfish but well everyone would be on which no one would be sharing up on how they do become successful or profitable on trading.You dont even know if they are really in positive
but since he had been doing trading for years then its understandable that he's doing well but of course there would really be  rough experiences just like on what you are experiencing now
because price are way too volatile and unpredictable and its not always that traders do end up on being profitable.There would be losing trades and thats unavoidable but the
thing we should think the most is on how to sustain.

R


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April 22, 2022, 09:37:02 PM
 #11

Traders usually talks about the profit and they rarely share their bad experiences and of course their losses, that’s pretty normal and since you already started your Trading career, you can know by yourself the real situation in the battle ground of every traders. Its not easy but it can be rewarding especially if you do things correctly and if the markets will in favor to you.
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April 22, 2022, 09:47:34 PM
 #12

Traders usually talks about the profit and they rarely share their bad experiences and of course their losses, that’s pretty normal and since you already started your Trading career, you can know by yourself the real situation in the battle ground of every traders. Its not easy but it can be rewarding especially if you do things correctly and if the markets will in favor to you.
Trading is not easy, it takes time to learn how it works and yes it takes a lot of effort before you are able to make profit with your trades. I do have a lot of friends who also tells their losses, I guess it will depend on your closeness to each other since we are friends we are actually giving tips to each other. Its good if you have an open minded friends, they can also guide you if ever. Learn how to analyze on your own, this is also important.
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April 22, 2022, 10:21:31 PM
 #13

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Your friend is selfish but well everyone would be on which no one would be sharing up on how they do become successful or profitable on trading.You dont even know if they are really in positive
but since he had been doing trading for years then its understandable that he's doing well but of course there would really be  rough experiences just like on what you are experiencing now
because price are way too volatile and unpredictable and its not always that traders do end up on being profitable.There would be losing trades and thats unavoidable but the
thing we should think the most is on how to sustain.
Well I can't blame my friend for not sharing his negative experience in trading to me this is so because he wanted motivate me and that is why he usually and only share his success stories to me, I guess everyone have witnessed one form of trading set back and another but that not withstanding most newbies still carries this fun fair mentality.
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April 22, 2022, 10:34:21 PM
 #14

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading,
(.......)
It's very normal. Especially influencers who are just collecting some referrals to some people.
You should be aware if you want to start trading, you should identify your goal, you should not say you are only trading because someone told you or for easy money, you should expect some negative too, trading can make you bankrupt too.
This is a common problem on every starting traders, they are being fooled and think that this market can really give them easy profit by just simply buying and selling. Traders have to more wise nowadays, and learning should also be there priority, if you are still a newbie learn everything first and do trading as one of your priority because it needs your commitment here for you not to lose big money.
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April 22, 2022, 11:42:09 PM
 #15

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.
If you like to follow your friend what he says, I could imagine that you need 2 years to spend learning to trade as well. I'm going to say that your friend doesn't really make good in trading, in fact, he was afraid to tell you about his sufferings before he got a profit and then show it to you.
Quote
Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
What if your friend tells about his losses in trading, does still it makes your mind to push it? I won't discourage you to become a trader but I want you to think that trading isn't for everybody. However, if you really have the willingness to take risks, that's up to you.



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April 22, 2022, 11:50:02 PM
 #16

Trading sounds like a nice venture of theory, but to some of us who have experienced it. It's one rough, hell of a journey. Yes, I have made way more money than I would have if I was doing my profession through trading, but I have also lost a huge amount of money (of course it was the profits I made) in the due process.

You have to be very mentally stable and ready for any outcome. The biggest contributor to trading success is experience and learning from past mistakes.

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April 23, 2022, 04:41:30 AM
 #17

Beware of your friends, a real professional trader never show his profit to anyone, most likely he do that to attract more people to sign up an account under his referral link. Traders not always made a profit, he must have been experienced to feel pain when he loss... but he doesn't want to posted his loss on social media. As you have started trading, don't mad or cry if you loss, it's a experience and lesson to become better trader.

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April 23, 2022, 05:03:17 AM
 #18

You need that level of energy to be in crypto trading and doing your lessons everyday is the key to success. If you open up any thread which asks how to do successful trading then I am pretty sure you will end up long long threads stating over and over again one thing, acquire skills, learn to do TA and FA and based on that do it.

Believe me in crypto guessing games are not allowed, you will end up in pit hole. Though your friend is successful it does not mean its easy. There is possibility that he learned everything about it and then jumped it Smiley
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April 23, 2022, 07:07:35 AM
 #19

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.
If you like to follow your friend what he says, I could imagine that you need 2 years to spend learning to trade as well. I'm going to say that your friend doesn't really make good in trading, in fact, he was afraid to tell you about his sufferings before he got a profit and then show it to you.
Quote
Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
What if your friend tells about his losses in trading, does still it makes your mind to push it? I won't discourage you to become a trader but I want you to think that trading isn't for everybody. However, if you really have the willingness to take risks, that's up to you.
According to him he has been in trading long enough this have help to build his confidence level, well no venture is without it own risk and trading is one of such but then how you manage to build your skills over a long period of practice which most time come with loses and little gains.

The most important thing is to have a predetermined mindset that whatever comes you have little capital to keep trading with and gaining experience along the line.
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April 23, 2022, 10:33:08 AM
 #20

You don't have to feel bad if your friend never tells you anything because that might be his secret. You just have to try to trade by learning from other sources that can give you lessons on good trading. It's just a matter of time for you to get your own success story and not depend on anyone but yourself. You still have plenty of time to learn about trading and profit from trading and trust that your time will come very soon.

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April 23, 2022, 03:37:52 PM
 #21

I had a friend who didn't listen to me and did exactly the opposite of what I said he should do. This could be the main reason maybe? I mean I told him to buy bitcoin, and he never listened to me and then when the price was at peak point he decided he wanted to get in as well. I warned him that it's already too high and he should instead get in with just a small amount to learn how to do it himself, then he could get in as the price lowers. He didn't listen and got all-in at once and then the price dropped as we all know. Then I told him to wait it out and the price will go up eventually, and he sold out and got out and now talks shit about bitcoin. I swore off helping any friend after that.

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April 23, 2022, 04:01:54 PM
 #22

-snip-
Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
You just started. You can't expect to make profit as soon as you start. In fact not everyone makes profit from trading. Keep learning, try to understand the market, read about trading and apply what you have learned. You will make a lot of mistakes. Instead of giving up, learn from those mistake, try to fix what you were doing wrong and eventually you will be able to make some profit. It is not as easy as it might seem to you.

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April 23, 2022, 05:33:10 PM
 #23

I had a friend who didn't listen to me and did exactly the opposite of what I said he should do. This could be the main reason maybe? I mean I told him to buy bitcoin, and he never listened to me and then when the price was at peak point he decided he wanted to get in as well. I warned him that it's already too high and he should instead get in with just a small amount to learn how to do it himself, then he could get in as the price lowers. He didn't listen and got all-in at once and then the price dropped as we all know. Then I told him to wait it out and the price will go up eventually, and he sold out and got out and now talks shit about bitcoin. I swore off helping any friend after that.
in finance industry especially crypto market better dont give any financial advice to someone. maybe someday our financial advice could be wrong and they loss alot till finally our rellationshipe be broken. let them decided their own we just warn about the risk involved. if we met bad boy they could ask us to refund their loss that caused our advice.

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April 23, 2022, 11:39:22 PM
 #24

Starting trading means that we must understand the benefits and risks that can be obtained so that we can accept them well. Our experience with other people will certainly be different depending on how we manage our crypto assets. failure in trading, of course, will be encountered especially for a beginner, making it a lesson in the future to be even better at trading. Seeing other people's success in trading certainly makes us excited to start trading but we don't know how that person struggles behind, where we have to face the rising crypto market and also fraud. so anything will be seen if we have plunged ourselves into it and be prepared to learn everything that is received so that it can be better in the future.

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April 24, 2022, 12:19:39 AM
 #25

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Is there any particular reason why he shown his profits? Because there are referral programs out there in the exchanges where they can make money for the every trade you complete there.

Or a legitimate friend who simply wanted to experience his success by yourself too so he introduced it but its your job to learn about trading before start doing it, trading is simple as well as complicated which is like you can simply buy a coin and expect it to give good returns from buying the exact coin which is going to explode in the near future based on your deep analysis about its potential.









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April 24, 2022, 08:08:22 AM
 #26

I don't think so your friend is a professional trader. Because all the big traders in the world have definitely faced losses. It may be your friend's wish that he would not tell anyone the story of his loss but the story of profit. However, by trading, some people become rich and some people become poor. Consider everything, gain knowledge about trading and then get down to trading. Another thing to keep in mind is to trade as much as you can afford to lose. After all, welcome to the world of trading

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April 24, 2022, 08:19:31 AM
 #27

As you are about to start trading, keep some of the main facts in mind :-
  • Never trade under the emotions
  • Don't be too greedy to trade,oryou will lose in the hope of making more profit
  • Don't rely on groups that give crypto signals
  • Do not trade without any purpose , set a long term or short term in these strategies then trade
  • And the main thing is that you have to acquire more and more knowledge, you have to learn to analyze by looking at the market, you have to learn to read the candles.





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maydna
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April 24, 2022, 01:03:04 PM
 #28

I don't think so your friend is a professional trader. Because all the big traders in the world have definitely faced losses. It may be your friend's wish that he would not tell anyone the story of his loss but the story of profit. However, by trading, some people become rich and some people become poor. Consider everything, gain knowledge about trading and then get down to trading. Another thing to keep in mind is to trade as much as you can afford to lose. After all, welcome to the world of trading
Some traders feel uncomfortable telling their trading losses, especially if they have a lot of experience in trading and if they only share their profit stories, then they just want to show off and do not want to share anything with others. There are so many people like this and in my opinion, we don't have to listen to what he has to say and try to find what we want from other sources. I believe we can all be successful in trading as long as we are willing to learn and try.
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April 24, 2022, 02:22:03 PM
 #29

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
My mentor always tells me that I should avoid any crypto currency trader who only shows his/her winning trades and hides the losing trade because as far as business is involved no matter the kind of business losses is a part of our trades.  The issue here is that you had to get exposed to trading in a very disturbing manner. Relearning is just the only way to salvage your trades hence forth

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April 24, 2022, 09:56:01 PM
 #30

You don't have to feel bad if your friend never tells you anything because that might be his secret. You just have to try to trade by learning from other sources that can give you lessons on good trading. It's just a matter of time for you to get your own success story and not depend on anyone but yourself. You still have plenty of time to learn about trading and profit from trading and trust that your time will come very soon.
It's both good and bad at the same time. I mean if there is a person who made a ton of money doing something and he tells you to do the same, that method may have worked for him at that time, but it could be a bad method for today, markets change all the time, if he doesn't tell you then you will never know if it would be good or not.

So, you are sitting there with a potential of either end up with profit/loss if you try, or just wonder what would happen if you can't try. I do not know which one is better, sometimes it should be left to people and you just need to warn them and tell them your method and then you would end up with making a bit of a profit, or a loss and they will learn themselves.
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April 24, 2022, 10:21:46 PM
 #31

You don't have to feel bad if your friend never tells you anything because that might be his secret. You just have to try to trade by learning from other sources that can give you lessons on good trading. It's just a matter of time for you to get your own success story and not depend on anyone but yourself. You still have plenty of time to learn about trading and profit from trading and trust that your time will come very soon.
It's both good and bad at the same time. I mean if there is a person who made a ton of money doing something and he tells you to do the same, that method may have worked for him at that time, but it could be a bad method for today, markets change all the time, if he doesn't tell you then you will never know if it would be good or not.

So, you are sitting there with a potential of either end up with profit/loss if you try, or just wonder what would happen if you can't try. I do not know which one is better, sometimes it should be left to people and you just need to warn them and tell them your method and then you would end up with making a bit of a profit, or a loss and they will learn themselves.

some strategies work for someone, but for others, it won't. he may have secrets, but it is on your own accord how you will uncover those secrets. don't rely on someone to get those tricks. in time, you will understand why you can't disclose to others because there are other factors that you need to consider and it may really not be applicable to others. hard to tell it to others as they may blame you if it doesn't work on your case. better discover things on your own because once you acquired it, no one can steal it from you.

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April 25, 2022, 04:08:45 AM
 #32

Don’t believe what most people tell you. It was easy making money out of crypto just like it was making money in the stock market after that covid March crash. You could of bought anything and made money.

The real traders are those who keep the money and don’t lose it. Look at how many people suffered huge losses in the last 6 months or so. Many have quit and most likely owe lots of capital gains taxes since their gains were realized last year and loses happened this year. This is a difficult game and don’t believe anyone that tells you otherwise.

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April 25, 2022, 05:35:24 AM
 #33

if you enter into trading only motivated by your friends who are successful in trading then that is a good step but don't make you forget the important things. that is how your friend becomes a reliable trader. and what experiences your friends have gone through in trading. learn experience and knowledge from your friends before you jump into crypto trading. it would be much better. so that it can minimize the bitter experience of losing from trading.

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April 25, 2022, 07:06:34 AM
 #34

I think your friend can already enjoy the world of cryptocurrency trading, especially if his real assets seem to be increasing, he will most likely be successful in this field. Of course, 2 years is a long time, and not all analyzes are always correct, therefore he can manage risk, and trade logically, not controlled by lust. By having friends like that of course you are very lucky, because you can share directly, to increase our knowledge


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April 25, 2022, 10:21:05 AM
 #35

I also have a friend who is like that, but he invited me and taught me a little how to get bitcoin, so I also tried to play trading, and made a little profit. sometimes we have to start without having to be taught and have to try, even though it has risks.
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April 25, 2022, 11:43:28 AM
 #36

If your friend is only showing you profits, but won't give you anymore information than he is definitely hiding something. There is no trader in the world who only makes profits. Even the best here will have a bad trade from time to time. It's very easy to look like a good trader if you hide your losses. Just buy 10 different alt coins, and after 6 months at least one of them will turn into good profit and the rest who didn't perform you just hide. Don't be discouraged by your friend, its very hard to succeed in trading. You already took the first steps, stick with it. But make sure to manage your expections. Getting rich overnight only happens to a very few lucky people. From every trade you will earn something new. For now focus on getting experience.
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April 25, 2022, 12:31:04 PM
 #37

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
If he's earning good as a trader it doesnt mean you can have the same fate too if you try becoming a trader and vice versa. Thus its a must that you have your own understanding and knowledge and not just blinded by the profit that you can possibly earn. Think why he's only showing you his profits and not his overall experience (ups and down as a trader), because its not always a smooth trade. Learn from your experience and improve your skills so you can be a pro trader like those who are already earning decent amount as a trader.

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April 25, 2022, 12:45:30 PM
 #38

I also have a friend who is like that, but he invited me and taught me a little how to get bitcoin, so I also tried to play trading, and made a little profit. sometimes we have to start without having to be taught and have to try, even though it has risks.
It's easier if there's someone who's willing to spend their precious time teaching what they've known through their experience in the market. This is a very rare moment when a friend, a true friend wants to do it for free. Because there are folks that have been monetizing with their experience even if they're just the basic ones. Those are not reliable people and don't really want to help people and their friends and they're only wanting to take advantage of newbies.

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April 25, 2022, 01:02:22 PM
 #39

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
me too, i have a friend who always pro when it comes crypto. but tbh i never ask him to teach me because it would be awkward because i know trading will not be so easy and surely it will take too long before i understand the whole thing and become a good trader.

So i make my own research, until i found a good source to learn trading. Now he see me making money as well and i'm proud of my self because i didn't rely to anyone.
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April 25, 2022, 04:47:06 PM
 #40

Every pro trader started on a rough lane of consistent losses. Even as a pro having occasional loss is not as awkward as many new trader are meant to believe it is. Becoming good in crypto trading, speculations, analysis and even development is a time bound process. Every good skill is born out of determination, devotion and persistence
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April 25, 2022, 05:26:47 PM
 #41

I think your friend can already enjoy the world of cryptocurrency trading, especially if his real assets seem to be increasing, he will most likely be successful in this field. Of course, 2 years is a long time, and not all analyzes are always correct, therefore he can manage risk, and trade logically, not controlled by lust. By having friends like that of course you are very lucky, because you can share directly, to increase our knowledge


that is great if have real assets from cryptocurrency trading,not all trades could do the same thing. experience and sacrife could tell us how difficult this market going on , maybe alot loss in our first trade.learning from mistakes we have good formula to gain profits consistantly by doing good money management and patience in each entry. hold this key and we will find paradise from crypto market.

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April 26, 2022, 01:28:56 AM
 #42

Every pro trader started on a rough lane of consistent losses. Even as a pro having occasional loss is not as awkward as many new trader are meant to believe it is. Becoming good in crypto trading, speculations, analysis and even development is a time bound process. Every good skill is born out of determination, devotion and persistence

which means nothing is instant and easy as imagined by people who have not plunged themselves. everything through the process. and the process has many obstacles that must be passed to become a reliable trader. and you are right it is time bound and takes a long time to become an expert.

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April 26, 2022, 10:39:03 AM
 #43

There is always two sides, no matter how pro one may be, there are always losses involved.

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April 26, 2022, 08:11:07 PM
 #44

You mean to say that your friend never show you his losses but only show his profits alone? But, if you are really curious about the losses more than his profits, you should ask him about this, not us because we don't know your friend. It's fine that you will have a hard time as a beginner because you are only just a beginner anyway but once you overcome this, the next steps are not going to be that hard.

You realized that your friend is lying because he don't seem to experience what you have experience when you start trading but don't worry because all pro traders experience that but sometimes they just prefer to be positive by only showing their gains. They don't want to remember their bad start anymore.
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April 26, 2022, 08:19:21 PM
 #45

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Dont tend to make yourself to be ending up on similar on what you are seeing with your friend in speaking with success or being profitable because this isnt something a skill that someone could able to

apply to their selves and make their selves profitable too on just looking because you dont know on how many fails and mistakes your friend had able to experience before he do
reach out into that state and pretty much sure that it isnt something that simple.

Therefore, if you do really like to be like him then you should learn from real experience and with his guidance if ever he would really be helping you out at least.
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April 26, 2022, 08:48:11 PM
 #46

There is always two sides, no matter how pro one may be, there are always losses involved.
Thanks for this response, there are always two way to this game either you win or you lose but most pro traders make it look as if it is impossible for them to lose at some point.

That way the tend to only make their profits more pronounced than their loses which is wrong most especially when dealing with a newbie to trading.
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April 26, 2022, 09:34:14 PM
 #47

i have a friend who always pro when it comes crypto. but tbh i never ask him to teach me because it would be awkward because i know trading will not be so easy and surely it will take too long before i understand the whole thing and become a good trader.

So i make my own research, until i found a good source to learn trading. Now he see me making money as well and i'm proud of my self because i didn't rely to anyone.
It is really not that difficult if your friend could explain to you in a way that you could understand. I had a friend who jokingly explained something to me like he was talking to a kid and that actually did allow me to get it. I mean it didn't had to be that simple like he was talking to a 5 year old kid, but at the same time, wouldn't you understand something that a 5 year old can?

It means if there is something you do not understand, turning that into like you are explaining it to a kid would actually benefit you. It started as a joke and now we seriously explain things that way because it makes things so easy to understand and does allow us to move forward quicker.

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April 26, 2022, 10:04:45 PM
 #48

It is better for you at the early stage that you are seeing some losses so you can begin early to work it rather not when you think that you have knowledge in trading and you begin to lose money. This stage is learning stage and see your losses that way too. Your friend is showing you profit but not losses and this is what most traders do to win people over in their trade for copy trading. Don't trade with high leverage if you want to succeed in the market.

No trader that doesn't have a loophole and it's very obvious that trader most have undergoes lost at initial stages before taking correction of the market and when looking it someone have to get pure knowledge of trading before going into it, and most newbies who is ready to trade personally learn with correction, except the situation that the user want to lose money

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April 27, 2022, 02:41:16 PM
 #49

...Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

In such cases, they say: a negative result is also a result and you should regard it as an acquired experience. It is impossible to trade successfully without experience, even if you have theoretical knowledge. But if you have not yet received enough theoretical knowledge, you need to wait with trading on a real account, using a demo account for this.

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April 27, 2022, 04:51:51 PM
 #50

It is better for you at the early stage that you are seeing some losses so you can begin early to work it rather not when you think that you have knowledge in trading and you begin to lose money. This stage is learning stage and see your losses that way too. Your friend is showing you profit but not losses and this is what most traders do to win people over in their trade for copy trading. Don't trade with high leverage if you want to succeed in the market.

No trader that doesn't have a loophole and it's very obvious that trader most have undergoes lost at initial stages before taking correction of the market and when looking it someone have to get pure knowledge of trading before going into it, and most newbies who is ready to trade personally learn with correction, except the situation that the user want to lose money
Thanks for this in-depth response to this subject matter   can you identify the exceptional cases you mentioned, your point of view seems to break down this discussion to my level of understanding and I will love to spread more details of the exceptional cases you mentioned where user will want to lose money?
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April 27, 2022, 07:51:53 PM
 #51


Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Basically crypto trading has ups and down situations, which must be taking into consideration. Because your friend has succeeded in trading doesn't mean you will also succeed, most times its a luck but more knowledge and understanding about cryptocurrency trading is needed in order to succeed in trading. Maybe his trading patterns were different from yours and maybe you start trading at the wrong time when crypto Market red.

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April 27, 2022, 09:42:59 PM
 #52

...Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

In such cases, they say: a negative result is also a result and you should regard it as an acquired experience. It is impossible to trade successfully without experience, even if you have theoretical knowledge. But if you have not yet received enough theoretical knowledge, you need to wait with trading on a real account, using a demo account for this.
True, if we develop a strategy and we use a demo account to trade it and then we realize after enough trades have been conducted that it is not profitable we may get discouraged by the results, but the truth is that we got very valuable data, as the next time that we create a strategy the chances that it will be profitable will go up as we are bound to realize the weaknesses of the previous strategy that we created, so as long as someone does not quit during the middle of the process then creating a winning strategy is a given and then they can finally trade for real.
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April 27, 2022, 09:52:51 PM
 #53

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Have you see with how much loss from your friend? I think you take care and check with your friend profit only trough trading on cryptocurrency and never ask him with how many time failed and loss much money on cryptocurrency trading. I just give opinion for you how keep research and know detail with risk on cryptocurrency trading, when bad thing happen begin with cryptocurrency trading you have ready face it, actually not only with profit have take care but also you need to know when bad thing suddenly price drop and loss much on cryptocurrency.

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April 27, 2022, 10:09:04 PM
 #54


Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Basically crypto trading has ups and down situations, which must be taking into consideration. Because your friend has succeeded in trading doesn't mean you will also succeed, most times its a luck but more knowledge and understanding about cryptocurrency trading is needed in order to succeed in trading. Maybe his trading patterns were different from yours and maybe you start trading at the wrong time when crypto Market red.

Crypto trading is not easy, only people who have the knowledge and experience have a chance to be successful. So most newbies who just start
trading usually experience more losses when trading. That's a natural thing to happen, as long as we continue to learn and never give up
by correcting every mistake we make. It will make us successful traders, but it takes a long time, and can not be achieved instantly.
Because crypto trading is not just buying at a low price and selling it when the price is high. But when trading is much more complicated,
because many things can affect the price of crypto.

Therefore crypto trading is a high-risk activity, so it is highly recommended to use capital from cold money. And it must be remembered that when
trading we will definitely experience losses, it is not possible to always profit. Therefore we should not be obsessed with only pursuing profit,
but we also need to respond to how when we experience losses. We can be said to be successful traders when the amount of profit we make is
greater than the losses we get. Because after all, losses are unavoidable when trading, but we can only minimize them.

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April 27, 2022, 10:39:59 PM
 #55

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Have you see with how much loss from your friend? I think you take care and check with your friend profit only trough trading on cryptocurrency and never ask him with how many time failed and loss much money on cryptocurrency trading. I just give opinion for you how keep research and know detail with risk on cryptocurrency trading, when bad thing happen begin with cryptocurrency trading you have ready face it, actually not only with profit have take care but also you need to know when bad thing suddenly price drop and loss much on cryptocurrency.
Losses are inevitable but its understandable that his friend might still be profitable since he had been continuing trading which means he does still have the money or capital for him to do so.

If he was losing that much then recovery would really be that hard and its true that seeing a friend who is really that involved with trading and showing off some profits could really make some
boost up but as our common sense would tell us that this isnt something  that could really be happening once we do step our foot on the same industry.
Results would vary and depending on different factors.
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April 27, 2022, 10:42:44 PM
 #56

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Have you see with how much loss from your friend? I think you take care and check with your friend profit only trough trading on cryptocurrency and never ask him with how many time failed and loss much money on cryptocurrency trading. I just give opinion for you how keep research and know detail with risk on cryptocurrency trading, when bad thing happen begin with cryptocurrency trading you have ready face it, actually not only with profit have take care but also you need to know when bad thing suddenly price drop and loss much on cryptocurrency.
Losses are inevitable but its understandable that his friend might still be profitable since he had been continuing trading which means he does still have the money or capital for him to do so.

If he was losing that much then recovery would really be that hard and its true that seeing a friend who is really that involved with trading and showing off some profits could really make some
boost up but as our common sense would tell us that this isnt something  that could really be happening once we do step our foot on the same industry.
Results would vary and depending on different factors.

And they won't stay long if they are not seeing positive effect on their funds.
But if they are continuing their trading journey, it means, they are seeing something favorable on their end.
Because trading needs hard work. It is not an overnight task to accomplish or achieve the needed skills or tricks.
But once you acquire it on your own, you can use it all throughout your trading journey.
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April 27, 2022, 11:39:54 PM
 #57


Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Then I was supposed to think that you got the idea why your friend never show his rough experience. he wanted for you as well to experience it before having sweet results. Now you have to understand that trading is not an easy job nor you could think there is an easy money in there, it perhaps you may experience diffuclties first before you get what you want.

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Benefactor
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April 28, 2022, 05:17:19 AM
 #58

Exchanging on the grounds that somebody told you or for income sans work you ought to expect some negative as well exchanging can make you bankrupt as well. Later on it might turn out that you don't have the outlook that a fruitful dealer needs and you will end up in other safer exercises like money management or mining.


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wxa7115
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April 28, 2022, 08:20:58 PM
 #59

Beware of your friends, a real professional trader never show his profit to anyone, most likely he do that to attract more people to sign up an account under his referral link. Traders not always made a profit, he must have been experienced to feel pain when he loss... but he doesn't want to posted his loss on social media. As you have started trading, don't mad or cry if you loss, it's a experience and lesson to become better trader.
The OP refers to this person as a friend so if we were to assume that this person is not simply someone that he knows from a social media website and instead he knows him from real life then I think it is natural that his friend could reveal some of the profits that he got over the years.

However the most important thing is to see if that friend is willing to help the OP to reach the same results and become a mentor to him, as without a doubt that will be a great help as the OP will avoid most of the pitfalls newbie traders have to go through and which cause the majority of the losses they suffer at the beginning of their careers.

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April 28, 2022, 09:40:48 PM
 #60


Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Then I was supposed to think that you got the idea why your friend never show his rough experience. he wanted for you as well to experience it before having sweet results. Now you have to understand that trading is not an easy job nor you could think there is an easy money in there, it perhaps you may experience diffuclties first before you get what you want.
Neither it was intentional or not because there are friends who do really love to make their friends do able to realize things and able to cherish victory or success come from into their hard work
which you could really say that you could eventually able to tell and appreciate on what your friend had done on the time that you are able to have a good grasp on trading.
Some people are showy when it comes into their intent and some doesnt really love to show that they are really keeping an eye on you in speaking with progress and success.

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April 28, 2022, 09:48:23 PM
 #61

Well I recent contact with my friend he has suggested that he will mentor me until I become a professional in trading and he also suggested I still trade with a demo account until I master it to avoid loses in the initial stages.

I thank you all for your responses on this matter and am well aware of the risk a beginner will face in the early stage but as time goes on a lot will change and profits making will become a steady flow.
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April 28, 2022, 10:29:24 PM
 #62

A lot of people engage in crypto not because they Want to or because they know about it but because they see other making money off it, they don't really know what they've been through or how the road map to their success looks like. Every successful story have it ups and downs so crypto itself have no exception.
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April 28, 2022, 11:39:26 PM
 #63

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading,
(.......)
It's very normal. Especially influencers who are just collecting some referrals to some people.
You should be aware if you want to start trading, you should identify your goal, you should not say you are only trading because someone told you or for easy money, you should expect some negative too, trading can make you bankrupt too.
Maybe its his own way of influencing you, by focusing more on success, the reason why you end up being influenced. But if you decide to enter into a new endeavor, make sure to anticipate all its positive and negative aspects. There could never be success without failure at first, and there could never be wins without losses. Now, you already know what trading is all about, that its never an easy job, but if you always look the positivity on it, i think success will come to you in the end.
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April 28, 2022, 11:50:35 PM
 #64

A lot of people engage in crypto not because they Want to or because they know about it but because they see other making money off it, they don't really know what they've been through or how the road map to their success looks like. Every successful story have it ups and downs so crypto itself have no exception.
For a noob and on the time you are seeing someone specially on social media or other places on the net on which you do see that they do earn money on most easy way you do see visually
which you would really be having that initial impression that it would really be might be possible for you to get on the same results if you do tend to trade too.
This is the reason on why we do really lost money when we are just newbie because we do believe on things which are totally unrealistic or cant really be possible.
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April 28, 2022, 11:54:11 PM
 #65

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading,
(.......)
It's very normal. Especially influencers who are just collecting some referrals to some people.
You should be aware if you want to start trading, you should identify your goal, you should not say you are only trading because someone told you or for easy money, you should expect some negative too, trading can make you bankrupt too.
Maybe its his own way of influencing you, by focusing more on success, the reason why you end up being influenced. But if you decide to enter into a new endeavor, make sure to anticipate all its positive and negative aspects. There could never be success without failure at first, and there could never be wins without losses. Now, you already know what trading is all about, that its never an easy job, but if you always look the positivity on it, i think success will come to you in the end.
^ This is the most important thing that you should always put your mind to, balancing the possible consequences like the positive and negative aspects that could occur anytime while you are adopting crypto trading. Dont look up the profit your friend has, I think the most important if you have been suited to that trading and if your skills are good in trading. Because as we know trading is not for everyone, trading is for people who have patient and learn how to sharpen their instinct to become a good traders.
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April 29, 2022, 01:34:41 AM
 #66

Well I recent contact with my friend he has suggested that he will mentor me until I become a professional in trading and he also suggested I still trade with a demo account until I master it to avoid loses in the initial stages.

I thank you all for your responses on this matter and am well aware of the risk a beginner will face in the early stage but as time goes on a lot will change and profits making will become a steady flow.
Nice when getting good friend guide us how to be professional trader and give way how to earn profit trough trading in cryptocurrency. I have long on cryptocurrency world but still amateur and not really professional how to face with trading, many time stuck and loss opportunity when buying coins price drop and have choose stop loss or long term holding. Good luck to you and hope I can allow your way to be professional trader one day later.

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April 29, 2022, 06:58:34 AM
 #67

Exchanging on the grounds that somebody told you or for income sans work you ought to expect some negative as well exchanging can make you bankrupt as well. Later on it might turn out that you don't have the outlook that a fruitful dealer needs and you will end up in other safer exercises like money management or mining.
I guess he didn’t learn anything about cryptocurrency trading before he started. He just got interested based on the fact that a friend of his has introduced him to the work and also has shown him how much of success they have been able to make from trading cryptocurrency. So, he has just thought that it was going to be that easy for him to also make that kind of money from trading.

But, that isn’t how it works. Crypto currency trading is something that requires a lot of work and is not just what you would get into when you have no idea of what you are meant to be doing. This is not gambling.

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April 29, 2022, 04:28:54 PM
 #68

...Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
In such cases, they say: a negative result is also a result and you should regard it as an acquired experience. It is impossible to trade successfully without experience, even if you have theoretical knowledge. But if you have not yet received enough theoretical knowledge, you need to wait with trading on a real account, using a demo account for this.
Unfortunately, most newbies do not realize this and get angry at losing money. The trick to find "losing money could also be a good thing" is not easy, most people will argue against that and most people will agree with them as well.

Obviously losing money is not a great feeling, and yes you will feel terrible about it but just moving on and being upset and angry about it will not give you any benefits at all. You already lost the money; you might as well learn why and how that happened so that you could end up with something better in the long run. This way, you wouldn't be losing your money for absolutely no reason, there would be at least some benefits to you.
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April 29, 2022, 04:49:08 PM
 #69

Thank you all for you clear and insight on this subject matter I now know for the fact that investing is less risky compared to trading as the cryptocurrency market is always volatile but the fact that I lose in some cases does not make me a total failure in trading and haven't lost in some trades and also gain in some other make me realize that skills are the most essential and an integral aspect of cryptocurrency trading.

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.
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April 29, 2022, 06:15:50 PM
 #70

Thank you all for you clear and insight on this subject matter I now know for the fact that investing is less risky compared to trading as the cryptocurrency market is always volatile but the fact that I lose in some cases does not make me a total failure in trading and haven't lost in some trades and also gain in some other make me realize that skills are the most essential and an integral aspect of cryptocurrency trading.

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.
One of the lessons I have learn over time is that any profitable adventure require some level of sacrifices and this can come in form of lessons that may cause you something either your time or money.

In trading early loses are part of the sacrifice and in other to become a pro trader one might have made such loses and mistakes which will serve as process of knowledge gaining.
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April 29, 2022, 10:54:16 PM
 #71

One of the lessons I have learn over time is that any profitable adventure require some level of sacrifices and this can come in form of lessons that may cause you something either your time or money.

In trading early loses are part of the sacrifice and in other to become a pro trader one might have made such loses and mistakes which will serve as process of knowledge gaining.
Absolutely, it is a way to look that trading is not always a success, failure is also possible. And the only way we could do to avoid big losses is to have deep knowledge of trading and acquire strategies that really work. Plus, we have to work on our patience and practice being not too emotional.

The more we understand how trading works, the more chance we succeed. Yes, of course, it takes time to develop such a mentality but if we are really wanting to reach our goal, I'm sure we have to work hard on this.

R


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April 29, 2022, 11:47:15 PM
 #72

Trading sounds like a nice venture of theory, but to some of us who have experienced it. It's one rough, hell of a journey. Yes, I have made way more money than I would have if I was doing my profession through trading, but I have also lost a huge amount of money (of course it was the profits I made) in the due process.

You have to be very mentally stable and ready for any outcome. The biggest contributor to trading success is experience and learning from past mistakes.
Success in trading do not just happen easily, its always the fruit of hardwork and patience, and definitely huge losses from the start. I guess your friend has his own reason why he was not able to share to you his side of failure, but what is certain is that if you only trade persistently, and is willing to learn all the lessons brought by your losses, then you will come to succeed in trading at the end of the day. Trading need not to be profitable at first, but it should never come into failure in the end.

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April 29, 2022, 11:57:01 PM
Last edit: April 30, 2022, 12:09:48 AM by sayaya17
 #73

Trading sounds like a nice venture of theory, but to some of us who have experienced it. It's one rough, hell of a journey. Yes, I have made way more money than I would have if I was doing my profession through trading, but I have also lost a huge amount of money (of course it was the profits I made) in the due process.

You have to be very mentally stable and ready for any outcome. The biggest contributor to trading success is experience and learning from past mistakes.
Success in trading do not just happen easily, its always the fruit of hardwork and patience, and definitely huge losses from the start. I guess your friend has his own reason why he was not able to share to you his side of failure, but what is certain is that if you only trade persistently, and is willing to learn all the lessons brought by your losses, then you will come to succeed in trading at the end of the day. Trading need not to be profitable at first, but it should never come into failure in the end.

We can all become successful traders if we do it right, there are steps we must take to be successful when trading. No one can be successful
instantly, everything needs patience and hard work as you say, because after all hard work and patience will not betray the results. So don't be lazy
to keep working hard and don't let us give up when going through the process to become a successful trader. Therefore, the number of successful
traders is not much, because indeed undergoing the process of becoming a successful trader is not easy, we have to devote everything.

In fact, sometimes we need to experience several losses first to understand how to make the right profit when trading. So it is wrong if someone
says that trading is an easy thing to do, because trading is not just buying at a low price and selling it at a high price. Trading is more complicated
than we think, so if we want to be a successful trader it is not easy to achieve it, it takes hard work and patience.

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DoublerHunter
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April 29, 2022, 11:59:32 PM
 #74

Trading sounds like a nice venture of theory, but to some of us who have experienced it. It's one rough, hell of a journey. Yes, I have made way more money than I would have if I was doing my profession through trading, but I have also lost a huge amount of money (of course it was the profits I made) in the due process.

You have to be very mentally stable and ready for any outcome. The biggest contributor to trading success is experience and learning from past mistakes.
Success in trading do not just happen easily, its always the fruit of hardwork and patience, and definitely huge losses from the start. I guess your friend has his own reason why he was not able to share to you his side of failure, but what is certain is that if you only trade persistently, and is willing to learn all the lessons brought by your losses, then you will come to succeed in trading at the end of the day. Trading need not to be profitable at first, but it should never come into failure in the end.
^ You are definitely right, in short, there is no paradise in trading.
You need to have first hard work, hard research, and a lot of patience so that you will achieve your goal in trading and also don't expect too much profit, in trading sometimes you need to gain experience so that you will learn from those mistakes. I don't understand why people keep saying trading is very easy to gain profit which is the truth it is not. In fact, there is no shortcut to being a successful trader.
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April 30, 2022, 11:03:28 AM
 #75

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.
The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.

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April 30, 2022, 12:53:10 PM
 #76

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Trading is a risky job, 2 years ago until now it was the peak of the advancement of crypto technology. Many Altcoins reach ATH, and. Even after bitcoin hit its latest ATH, it was heard from various discussions that it would hit another $60,000 ATH. Some of the rough experiences you had you should learn more broadly, how to determine short-term and long-term trades so that you avoid the risk of losses due to market corrections. Expertise in trading is the most important thing to have, professional traders will always be consistent with the trade management they have set. You don't need to refer your friends to be successful for a period of 2 years, you can shorten the time to get better trading skills.

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April 30, 2022, 09:03:35 PM
 #77

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.
The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.
That can be true but only if you take the time to analyze why you lost your trade, also it is important to remember that not every single loss when you trade comes from a mistake you made, no system wins all the time so losing from time to time is completely acceptable as long as the loss came from following a strategy that you know that it is profitable, it is from the mistake that you make in which you did not follow your strategy in which a lesson can be learned from it.
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April 30, 2022, 11:22:28 PM
 #78

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.
The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.
That can be true but only if you take the time to analyze why you lost your trade, also it is important to remember that not every single loss when you trade comes from a mistake you made, no system wins all the time so losing from time to time is completely acceptable as long as the loss came from following a strategy that you know that it is profitable, it is from the mistake that you make in which you did not follow your strategy in which a lesson can be learned from it.
We could really learn from our mistakes and this is would depending on someone who would really be that sensible on learning up things basing on what he do experience.
Not all would really be that able to do so.We do have our own actions and decisions towards things thats why its really hard to copy or trying out yourself
to be the same on others actions or outcomes specially on trading profitability.You wouldnt know on what would comes next.
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May 01, 2022, 06:20:05 AM
 #79

Losses will always be a part of the journey because there's no such thing as perfect trading. There will always be risks because of the market's volatility but if you're skilled and knowledgeable enough to deal with it, you'll surely succeed in the end. Trading is actually a long process of learning so eagerness and determination, as well as patience, would be the good traits that we should always have.
The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.
That can be true but only if you take the time to analyze why you lost your trade, also it is important to remember that not every single loss when you trade comes from a mistake you made, no system wins all the time so losing from time to time is completely acceptable as long as the loss came from following a strategy that you know that it is profitable, it is from the mistake that you make in which you did not follow your strategy in which a lesson can be learned from it.
loss is a friend of profit, structured loss is a message, not a mistake, because we will always learn from the market according to the strategy we have. no strategy is perfect so sometimes we experience losses, so how do we manage it so that the losses are in accordance with the calculated risks, so that more profits will be achieved, until in the end we will still survive in the market because we can manage losses or risks

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May 01, 2022, 01:47:08 PM
 #80

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
It's a stupid notion that people force themselves to be traders when they are not really meant to be. there are many success stories in this world and a successful trader is only a few percent, a miner can also be successful, writers can also be successful, site developers can also be successful now it's just how we find out our own identity and passion.

R


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May 01, 2022, 04:03:01 PM
 #81

The biggest part about growing in trading is the losses, they are probably the biggest earners that you do not realize. The difference between a profit and a loss is that if you profit then you take the profit and look at the next move, but when you lose then you learn something and then you become a better trader and you start to learn something.

This is why I believe that we should be focusing a bit more on losses than profits since profits only give you money once but never improves you and doesn't share your future whereas the losses gives you an idea on what you did wrong and how you could do better which is a wonderful thing in the long term.
Learning from the losses is not easy if you are a newbie. You could take a look at a loss and do not understand why you lost money there, not like it’s going to be impossible for you but it is not going to be easy to understand why you did wrong.

If you studied it though, then things change and you start to understand what you did wrong and you will learn from it and not do that again, you will know your mistakes and wrongs. This is why it’s such an important task to study before you start trading so that you would know what you are looking at. Otherwise, you will look at it and it will feel like a foreign language to you and would not understand anything.
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May 01, 2022, 04:48:12 PM
 #82

Thank you all for you clear and insight on this subject matter I now know for the fact that investing is less risky compared to trading as the cryptocurrency market is always volatile but the fact that I lose in some cases does not make me a total failure in trading and haven't lose in some trades and also gain in some other make me realize that skills is the most essential and an integral aspect of cryptocurrency trading.

Of course you need the trading skills and without that you will probably lose all your money.
The fact that you are making money or not doesn't matter when you have just started to trade.
You need at least 1-2 years of trading knowledge to get started with trading with serious money.
The knowledge of trading in different trends is definitely required to get a good handson on trading before we go all in.

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May 02, 2022, 09:27:45 PM
 #83

High leverage is the killer of most traders profits and capital as if the trade goes in the opposite direction you liquidation happens faster but with low leverage you will have a longer liquidation and possible gains as the time run out.

Loses indeed is part of the learning stage and I know why pro traders only share the profit story is because their have paid the sacrifice long ago and don't usually have loses at the current time so they may not have that experience anymore.
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May 02, 2022, 11:02:29 PM
 #84

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
I guess your friend had succeeded from persuading you and now you're starting to experience the reality in crypto trading. Well, i think your friend has his own way of convincing you by only sticking to his success and massive profits only, that's also his strategy. Otherwise, you will be scared to start trading in the first place because you will discover from him that trading is more on losses than gains. But with his own way of persuading you, i can see now that you are more motivated to win against those losses.

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May 03, 2022, 04:50:58 PM
 #85

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
You only saw his success, how? He showed you his trade history and you only saw successful trades or you just assumed that he’s always being successful in his trades because he told you that?

Before you got into trading did you care to learn about trading or you just work one day and felt maybe you should become a trader and start trading cryptocurrencies? You know this market is not as easy as some people will make it seem to you, there are difficulties when it comes to trading crypto, so you need to learn and practice and with time you will get perfect. Even the best traders do experience loss, so it’s normal, but learn and get better.
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May 03, 2022, 05:13:19 PM
 #86

High leverage is the killer of most traders profits and capital as if the trade goes in the opposite direction you liquidation happens faster but with low leverage you will have a longer liquidation and possible gains as the time run out.

Loses indeed is part of the learning stage and I know why pro traders only share the profit story is because their have paid the sacrifice long ago and don't usually have loses at the current time so they may not have that experience anymore.
we often encounter traders who choose high leverage and they use large lots in trading, this of course will make trading unhealthy and eventually the capital can run out in an instant. indeed mistakes are a good experience for the learning process, but at least if we can take lessons from the experiences of others then we don't have to make the mistakes they made, and finally this method is expected for us to process faster

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May 03, 2022, 09:27:46 PM
 #87

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
It's a stupid notion that people force themselves to be traders when they are not really meant to be. there are many success stories in this world and a successful trader is only a few percent, a miner can also be successful, writers can also be successful, site developers can also be successful now it's just how we find out our own identity and passion.
It is only a greedy person who will only focused his attention to only the positive side of any venture and trading that requires high level of skills is associated with high risk and possible loses that may occur in along the line of lining the basic on trading.

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May 04, 2022, 11:37:57 AM
 #88

some strategies work for someone, but for others, it won't. he may have secrets, but it is on your own accord how you will uncover those secrets. don't rely on someone to get those tricks. in time, you will understand why you can't disclose to others because there are other factors that you need to consider and it may really not be applicable to others. hard to tell it to others as they may blame you if it doesn't work on your case. better discover things on your own because once you acquired it, no one can steal it from you.

Exactly, based on my experienced. It is really important to know your category in entering this game whether you are planning to do it full-time or just as a side hustle. When you then realized your purpose you sure are gonna be losing amounts in the first few months or even a year of your trading experience as a beginner. In that stage, it is important that you experiment with different techniques that will fit your personality. Experimenting different ideas is far better than just listening to somebody's way of doing things that might not actually work for you and will just be the main reason that you will burn your asset.
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May 04, 2022, 12:14:22 PM
 #89

it's a good effort, but it's also risky. very true if trading can provide an amazing achievement. however, you should understand the risks in trading. if you do it well, then it can make you rich in no time. however, if you fail, then it can also make you poor in a short time.
As far as what you say, you have never entered directly into the world of trading. So, when you log in, you need to do a lot of research before choosing what coin to use. asking for advice from your friends will be better. other than that, use the money you are willing to lose. because if you use your main money in this experiment, it might increase the risk you put yourself at.

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May 04, 2022, 01:54:58 PM
 #90

It's true what they say that, the success of people is easily noticed more than the days of heat which produced such success.

I enjoy it so much when people randomly talk about others they know that are big success in cryptocurrency trading without a knowlege of how rough their beginning must have being with countless losses that might have been incurred by this smart person that is currently  making his success now in the trade.

Just like every other daily business that demands time, careful study and patience so cryptocurrency could be liken in addition to risk involvement.

All those that came in with the mindset that it's all rosy have all given up just with a little loss!
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May 04, 2022, 07:20:28 PM
 #91

some strategies work for someone, but for others, it won't. he may have secrets, but it is on your own accord how you will uncover those secrets. don't rely on someone to get those tricks. in time, you will understand why you can't disclose to others because there are other factors that you need to consider and it may really not be applicable to others. hard to tell it to others as they may blame you if it doesn't work on your case. better discover things on your own because once you acquired it, no one can steal it from you.

Exactly, based on my experienced. It is really important to know your category in entering this game whether you are planning to do it full-time or just as a side hustle. When you then realized your purpose you sure are gonna be losing amounts in the first few months or even a year of your trading experience as a beginner. In that stage, it is important that you experiment with different techniques that will fit your personality. Experimenting different ideas is far better than just listening to somebody's way of doing things that might not actually work for you and will just be the main reason that you will burn your asset.
To this I will add that it is very important to keep detailed records about what you are doing, our memories are not perfect and when you are testing different strategies it is easy to forget the details about why you made a particular trade.

So you need to keep records of the market conditions at the time, the strategy that you were using and your thoughts when you entered the trade, during the trade and when you closed your trade, that way in the future when you are making a fair assessment of the trades you made in the past you can understand clearly what you were doing at the time and correct your mistakes if necessary.

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May 04, 2022, 09:21:18 PM
 #92

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
Do not worry this is natural, it is very rare that for someone that is new to this market success will come immediately to him, this is something that takes time but fortunately for you there is something you have that most traders in the market do not have, and that is a mentor you can ask questions.

If your friend is someone that can actually make money from the markets then you can ask him questions about what books to read so you can also have the same success as him, it is not going to be an easy journey but without a doubt your path can be way easier than the one the majority have to go through if you know how to take advantage of the knowledge your friend can impart to you.
Good thing about you is that you can have a mentor that can guide you throughout the way, unlike most of the traders here who struggled to learn on their own. That way, his success will also influence you and you can definitely learned a lot from him. However, don't be surprised if some of the days turn out to be rough and hard, that is the nature of trading. What matters is that despite of the losses you have, you are still able to make profits which i think every trader's goal.

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May 04, 2022, 10:05:46 PM
 #93

-snip
Do not worry this is natural, it is very rare that for someone that is new to this market success will come immediately to him, this is something that takes time but fortunately for you there is something you have that most traders in the market do not have, and that is a mentor you can ask questions.

If your friend is someone that can actually make money from the markets then you can ask him questions about what books to read so you can also have the same success as him, it is not going to be an easy journey but without a doubt your path can be way easier than the one the majority have to go through if you know how to take advantage of the knowledge your friend can impart to you.
Good thing about you is that you can have a mentor that can guide you throughout the way, unlike most of the traders here who struggled to learn on their own. That way, his success will also influence you and you can definitely learned a lot from him. However, don't be surprised if some of the days turn out to be rough and hard, that is the nature of trading. What matters is that despite of the losses you have, you are still able to make profits which i think every trader's goal.
Having a mentor is a really good thing because your start wouldn't be as hard as a solo learn trader. Someone will guide you in the path of successful trading. I'm sure that the mentor will organize the learning path on what comes first vs the solo learner that learn things randomly. I myself is a solo learner before and I have a rough start  by losing some penny on every trades I did before. Emotions is a hard thing to teach that's why you need to control yourself as a trader.
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May 04, 2022, 10:12:53 PM
 #94

Having a mentor have really helped in in trading as it has limit my losing possibility since am trading under the guide of a pro trader unless in some cases where our trading predictions fails that is the only way I witness loses this days.

But on a more serious note trading generally has to do with high risk most especially crypto currency trading since the general market have to do with volatility.
-snip
Do not worry this is natural, it is very rare that for someone that is new to this market success will come immediately to him, this is something that takes time but fortunately for you there is something you have that most traders in the market do not have, and that is a mentor you can ask questions.

If your friend is someone that can actually make money from the markets then you can ask him questions about what books to read so you can also have the same success as him, it is not going to be an easy journey but without a doubt your path can be way easier than the one the majority have to go through if you know how to take advantage of the knowledge your friend can impart to you.
Good thing about you is that you can have a mentor that can guide you throughout the way, unlike most of the traders here who struggled to learn on their own. That way, his success will also influence you and you can definitely learned a lot from him. However, don't be surprised if some of the days turn out to be rough and hard, that is the nature of trading. What matters is that despite of the losses you have, you are still able to make profits which i think every trader's goal.
Having a mentor is a really good thing because your start wouldn't be as hard as a solo learn trader. Someone will guide you in the path of successful trading. I'm sure that the mentor will organize the learning path on what comes first vs the solo learner that learn things randomly. I myself is a solo learner before and I have a rough start  by losing some penny on every trades I did before. Emotions is a hard thing to teach that's why you need to control yourself as a trader.
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May 04, 2022, 10:14:06 PM
 #95

I don't think trading is easy. There is a lot of time and a lot to learn here. If you think it's too easy then you're wrong.Because trading platforms have my own experience. Where I am always losing despite my experience.I would say those who think this trading is easy are wrong. However, there are many people who can do good analysis and are able to profit from trading.However, its percentage but maximum 1 percent.

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May 05, 2022, 01:54:29 AM
 #96

Well I recent contact with my friend he has suggested that he will mentor me until I become a professional in trading and he also suggested I still trade with a demo account until I master it to avoid loses in the initial stages.

I thank you all for your responses on this matter and am well aware of the risk a beginner will face in the early stage but as time goes on a lot will change and profits making will become a steady flow.

Great! as a new trader you will avoid the pitfalls of the market with a professional advisor by your side. But I have a suggestion, instead of using a demo account to trade I think you should create a real account and deposit a small amount of money into it to trade. Trading with a demo account is good because it will help you avoid initial confusion but because it is a demo account, our trading psychology will be very different from when trading with a real account, psychologically neglectful because it is not his real money. So abusing the demo account will not be good for later, trade with a real account with a small enough amount to trade then you will focus on the market and form a psychological habit to cope with market fluctuations.

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May 05, 2022, 07:20:31 AM
 #97

Quote
I don't think trading is easy. There is a lot of time and a lot to learn here. If you think it's too easy then you're wrong.Because trading platforms have my own experience. Where I am always losing despite my experience.I would say those who think this trading is easy are wrong. However, there are many people who can do good analysis and are able to profit from trading.However, its percentage but maximum 1 percent.

I agree with you, trading is not easy because there are two things you must come across in crypto trading which are profit and loss. I think it will be difficult for traders not to experience losses from crypto trading because experienced losses help you to learn more from the market, so that you will have story to shares to newbies who are just entry the system. The more you go into research about crypto trading the more you know how to remain in profit making in the community. your research will definitely make you to understand when to trade to make a huge amount of money and when not to trade not to experience losses from the market.

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May 05, 2022, 06:18:45 PM
 #98

Persuaded? Who persuaded you to join cryptocurrency trading? If it was your friend then I would advise you that you should speak to your friend and tell him or her to teach you how they are making success from trading.

They shouldn’t just tell you to start trading cryptocurrency and leave you halfway on the road, they should be the one to guide you and let you know the things that you are meant to be doing and how you are going to be able to achieve success from trading.

So, I’m saying that you should go back to that your friend that advised or introduced you to this, and tell them to teach you.You are lucky to have a friend that is being successful in trading cryptocurrency, most of other people don’t have such an opportunity, and they have to spend time doing research and trying to learn it.

But for you, you have someone who already has got the idea of how to do it, so it would be better and easier for you if they are to teach you.

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May 05, 2022, 07:27:08 PM
 #99

High leverage is the killer of most traders profits and capital as if the trade goes in the opposite direction you liquidation happens faster but with low leverage you will have a longer liquidation and possible gains as the time run out.

Loses indeed is part of the learning stage and I know why pro traders only share the profit story is because their have paid the sacrifice long ago and don't usually have loses at the current time so they may not have that experience anymore.
They (the pro traders) do experience the losses too. The difference with someone who is a pro trader is the fact that they have become well experienced in the market and they know the right time to trade  and when to stay out.

But, most of the newbies don’t know that; they do not know that there are times you should avoid trading in the market, and they don’t know how to follow the news or the sources to look for it, and they have no idea about technical analysis. All these things are crucial for the success of a day trader.

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May 07, 2022, 08:18:09 AM
 #100

trading is not easy because there are two things you must come across in crypto trading which are profit and loss. I think it will be difficult for traders not to experience losses from crypto trading because experienced losses help you to learn more from the market, so that you will have story to shares to newbies who are just entry the system. The more you go into research about crypto trading the more you know how to remain in profit making in the community. your research will definitely make you to understand when to trade to make a huge amount of money and when not to trade not to experience losses from the market.
Losses are a thing that you can't avoid, but it needs to get lower and lower if you are learning and that is how you calculate yourself. When you first start there will be plenty of things that will make you lose money but after a while you will end up learning more about it and you will lose less. If you are still not losing less and if you are still losing like your early days then it means you haven't learned much.

This usually is a problem for people who started on a bull run period and made a lot of money on even the first day, and then during the bear period they end up losing a lot of money and this prolongs their learning curve.
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May 07, 2022, 08:50:03 AM
 #101

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

Well, the people who always show their results only want to share their referral link and hope that you will join under him so he will get more profit than before, I saw many ads like that too and not only ads on social media but some of my friends showing their success to me but there's always their referral link along with it. You should keep patience until you have a good experience and make some profit from trading so don't have a mindset that you will be rich in a night.


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May 15, 2022, 10:24:35 PM
 #102

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

Well, the people who always show their results only want to share their referral link and hope that you will join under him so he will get more profit than before, I saw many ads like that too and not only ads on social media but some of my friends showing their success to me but there's always their referral link along with it. You should keep patience until you have a good experience and make some profit from trading so don't have a mindset that you will be rich in a night.

It is true, I think that a person who shares their results should show their losses too, and also to believe them they should say that they are going to make a move, that they put it, do it and wait to see if their prediction will come true, I think that is very difficult because no operator likes to lose and that an entire community realizes that he failed and that his prediction was not correct, if he shows his history and I see that there are more victories than failures, then I would see it more sincerely and even begin to follow him and take advice, but as long as they don't show history, no.

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May 15, 2022, 11:02:34 PM
 #103

~
Neither it was intentional or not because there are friends who do really love to make their friends do able to realize things and able to cherish victory or success come from into their hard work
which you could really say that you could eventually able to tell and appreciate on what your friend had done on the time that you are able to have a good grasp on trading.
Some people are showy when it comes into their intent and some doesnt really love to show that they are really keeping an eye on you in speaking with progress and success.
Maybe that but I don't make my friend being not aware of any circumstances that they will face in trading. As a friend, I'd rather share what I've known about trading and must have put in their mind that there is no easy game in this field, losses could be possible. They will certainly much appreciate it if you tell them the sad stories of our life before we succeed rather than just telling them sweet stories. It is a need for them to be clear about the consequences and high-risk they will face so that at the end of the day, they won't blem us.

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May 16, 2022, 06:27:59 AM
 #104

Maybe that but I don't make my friend being not aware of any circumstances that they will face in trading. As a friend, I'd rather share what I've known about trading and must have put in their mind that there is no easy game in this field, losses could be possible. They will certainly much appreciate it if you tell them the sad stories of our life before we succeed rather than just telling them sweet stories. It is a need for them to be clear about the consequences and high-risk they will face so that at the end of the day, they won't blem us.
As they say, experience is the best teacher, Without experience, you won't enjoy trading. Everyone get a story to tell in the space, trading have dealt with some trader negatively, some even get their accounts liquidated countess times, and they are in profits now and knows how the market works. One should always talked the truth about their successful journey in the space, both the losing aspects. This space is all about taking risks for gigantic profits.
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May 16, 2022, 05:29:46 PM
 #105

Maybe that but I don't make my friend being not aware of any circumstances that they will face in trading. As a friend, I'd rather share what I've known about trading and must have put in their mind that there is no easy game in this field, losses could be possible. They will certainly much appreciate it if you tell them the sad stories of our life before we succeed rather than just telling them sweet stories. It is a need for them to be clear about the consequences and high-risk they will face so that at the end of the day, they won't blem us.
As they say, experience is the best teacher, Without experience, you won't enjoy trading. Everyone get a story to tell in the space, trading have dealt with some trader negatively, some even get their accounts liquidated countess times, and they are in profits now and knows how the market works. One should always talked the truth about their successful journey in the space, both the losing aspects. This space is all about taking risks for gigantic profits.
Yes you are right there is always a story to be told at the end of it all when success is archived the lessons becomes the foundation for stability even in the entire cryptocurrency industry to make it you need to build experience.

Most newbies don't understand this logic and are after the profit at first when there should concentrate on developing their skills.
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May 16, 2022, 09:26:03 PM
 #106

Yes you are right there is always a story to be told at the end of it all when success is archived the lessons becomes the foundation for stability even in the entire cryptocurrency industry to make it you need to build experience.

Most newbies don't understand this logic and are after the profit at first when there should concentrate on developing their skills.
It's because of what they see from the others.

They think that it's very easy and quick to make profit as a trader but, the reality is that it's harder as they execute. While they gain experience as they trade, it's one way or the other.

If they're going to continue because they've gained experience that will help them become a better trader or will stop utterly because they know the hardship of it.

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May 17, 2022, 05:45:46 AM
 #107

Maybe that but I don't make my friend being not aware of any circumstances that they will face in trading. As a friend, I'd rather share what I've known about trading and must have put in their mind that there is no easy game in this field, losses could be possible. They will certainly much appreciate it if you tell them the sad stories of our life before we succeed rather than just telling them sweet stories. It is a need for them to be clear about the consequences and high-risk they will face so that at the end of the day, they won't blem us.
As they say, experience is the best teacher, Without experience, you won't enjoy trading. Everyone get a story to tell in the space, trading have dealt with some trader negatively, some even get their accounts liquidated countess times, and they are in profits now and knows how the market works. One should always talked the truth about their successful journey in the space, both the losing aspects. This space is all about taking risks for gigantic profits.
Yes you are right there is always a story to be told at the end of it all when success is archived the lessons becomes the foundation for stability even in the entire cryptocurrency industry to make it you need to build experience.

Most newbies don't understand this logic and are after the profit at first when there should concentrate on developing their skills.
most beginners only see the sweet side in achieving trading results. if we do not want to know the side of their struggle to the throne at this time, then we will fall into disappointment at the end. digging knowledge about the experience of seniors is very important, especially the mistakes they have made, so that we can avoid those mistakes. and most importantly, experience is needed in trading, and that can be obtained from the stories of seniors, so that our trading practices run more smoothly
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May 17, 2022, 11:40:53 PM
 #108

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading,
When I knew crypto at first, my friends told me about his earning from crypto, that's awesome, really awesome, the result is very high, he can buy properties, cars, and the lives are exactly changing, having so much money.
I thought that it's wow, crypto can really make them rich, rich so much. How easy they could get the money.
But, after listening to tehir struggle, it's really not easy. They were struggling since 2013, likely from zero, less sleep, no money until they sometimes couldn't eat well because having no money, they only could lay trust in the crypto world.
And finally, they could gain worthy thing since 2016 moreover in 2017, they really got the rewards of what they have been doing for a long time.
It means that what we see right now may be easy, but behind this, there are big things and difficult conditions that we don't know.
It means that never only look at the recent success but also look at how they struggle.
SOmetimes, we, new trader or newcomers in crypto only imagine the paradise of crypto world, but we never cosndier or think about the hell of crypto.

R


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May 18, 2022, 11:39:16 AM
 #109

Most people don't tell the negative side they faced in the path so you can't just begin with getting inspired from the profits shown to you, before starting understand the risk behind the trading of cryptocurrencies and the same thing goes for everything in the world because starting without basic knowledge will make the future worse unless you aren't lucky enough.

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Findingnemo
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May 18, 2022, 12:54:11 PM
 #110

Most people don't tell the negative side they faced in the path so you can't just begin with getting inspired from the profits shown to you, before starting understand the risk behind the trading of cryptocurrencies and the same thing goes for everything in the world because starting without basic knowledge will make the future worse unless you aren't lucky enough.

To admit that you are losing money is considered shameful for many people, and many always strive to present themselves better than they really are, simple psychology. Therefore, when I read people on the Internet, almost every first one is a successful trader, and when I communicate with people whom I know personally, almost every first one is the one who lost money in crypto. If almost everyone on the Internet makes money on trading, then where does the statistics say that 95% of people lose money in trading? Cheesy
Exactly, the best example can be the social media where people tries to express themselves to be living the rich life but in the reality they pretends to be rich even though their life isn't same as shown by them. No one will tell the money making secret only we have to find it on our own also everyone is busy with their life problems so don't worry about what others are doing all we need to do is try to be better by ourselves from the yesterday and improve it tomorrow from today.

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lixer
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May 20, 2022, 08:41:51 AM
 #111

most beginners only see the sweet side in achieving trading results. if we do not want to know the side of their struggle to the throne at this time, then we will fall into disappointment at the end. digging knowledge about the experience of seniors is very important, especially the mistakes they have made, so that we can avoid those mistakes. and most importantly, experience is needed in trading, and that can be obtained from the stories of seniors, so that our trading practices run more smoothly
The problem with most of these newbies is that they just see that their friends or someone they know is trading and making profit from it, and they would just get home and start thinking of becoming a trader, when they don’t even have any experience at all. Some of them will start trading and they will start losing their money, they wouldn’t know that the reason for this is because they don’t have skills for it at all.

For someone to become a trader, they need to have skills in analyzing the market, and being able to predict the direction that it would move. You need someone to teach you or you can do serious research online to learn all about it.

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May 31, 2022, 05:21:55 PM
 #112

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
It's a stupid notion that people force themselves to be traders when they are not really meant to be. there are many success stories in this world and a successful trader is only a few percent, a miner can also be successful, writers can also be successful, and site developers can also be successful now it's just how we find out our own identity and passion.
You both have written well but come to think of it within the context of this topic which is focused on trading and how traders react to events, what skills they acquire to aid their success and how their ability to manage the risk assessment and losses.

No thought all this are found in other sector of life and investment to be successful in any field one needs skills and knowledge that comes with experience.
Mahanton
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May 31, 2022, 08:51:16 PM
 #113

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
It's a stupid notion that people force themselves to be traders when they are not really meant to be. there are many success stories in this world and a successful trader is only a few percent, a miner can also be successful, writers can also be successful, and site developers can also be successful now it's just how we find out our own identity and passion.
You both have written well but come to think of it within the context of this topic which is focused on trading and how traders react to events, what skills they acquire to aid their success and how their ability to manage the risk assessment and losses.

No thought all this are found in other sector of life and investment to be successful in any field one needs skills and knowledge that comes with experience.
Skills and knowledge you do say is something that can be gained through experience thats why it depends on how you would making be yourself to be able to learn up on the situations that you had encountered.
Being a trader is never been an easy thing to acquire on.You would need a long time on having a good grasps on everything which means that sustaining yourself would be the key and of course you should
exert some effort on enhancing yourself on being more better. Market is volatile which means you do need lots of adjustments which would really be relevant on any price condition which you could make out
outright decisions.

R


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May 31, 2022, 09:51:45 PM
 #114

most beginners only see the sweet side in achieving trading results. if we do not want to know the side of their struggle to the throne at this time, then we will fall into disappointment at the end. digging knowledge about the experience of seniors is very important, especially the mistakes they have made, so that we can avoid those mistakes. and most importantly, experience is needed in trading, and that can be obtained from the stories of seniors, so that our trading practices run more smoothly
The problem with most of these newbies is that they just see that their friends or someone they know is trading and making profit from it, and they would just get home and start thinking of becoming a trader, when they don’t even have any experience at all. Some of them will start trading and they will start losing their money, they wouldn’t know that the reason for this is because they don’t have skills for it at all.

For someone to become a trader, they need to have skills in analyzing the market, and being able to predict the direction that it would move. You need someone to teach you or you can do serious research online to learn all about it.
Well, those who come in trading think that they don't see and encounter any problems. In fact, what we can see from YouTube is all about positive, nothing had mention the risk as this will give encouragement the newcomers.

These newbies endure such problems and are likely unprepared for the situation which makes them blame the market, not themselves.
Yes, knowledge and skill are a must, and not only that, but they also have to learn how to handle the stress for this is not just an easy job. So newbies must not underestimate the market otherwise.

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sklopan
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June 01, 2022, 01:18:53 PM
 #115

There is no particular paradise for traders. It is important to understand that conditions often require a different approach and understanding of the essence of the work.
monineklutak
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June 01, 2022, 10:40:38 PM
 #116

most beginners only see the sweet side in achieving trading results. if we do not want to know the side of their struggle to the throne at this time, then we will fall into disappointment at the end. digging knowledge about the experience of seniors is very important, especially the mistakes they have made, so that we can avoid those mistakes. and most importantly, experience is needed in trading, and that can be obtained from the stories of seniors, so that our trading practices run more smoothly
The problem with most of these newbies is that they just see that their friends or someone they know is trading and making profit from it, and they would just get home and start thinking of becoming a trader, when they don’t even have any experience at all. Some of them will start trading and they will start losing their money, they wouldn’t know that the reason for this is because they don’t have skills for it at all.

For someone to become a trader, they need to have skills in analyzing the market, and being able to predict the direction that it would move. You need someone to teach you or you can do serious research online to learn all about it.
Well, those who come in trading think that they don't see and encounter any problems. In fact, what we can see from YouTube is all about positive, nothing had mention the risk as this will give encouragement the newcomers.

These newbies endure such problems and are likely unprepared for the situation which makes them blame the market, not themselves.
Yes, knowledge and skill are a must, and not only that, but they also have to learn how to handle the stress for this is not just an easy job. So newbies must not underestimate the market otherwise.
They think like making profit in trading is easy and not too risky but in reality it is quite the opposite,
most of the time for ordinary people to see crypto trading can make a quick profit and they don't see how big the risk is,
beginners need to learn first before actually entering the market to trade or invest

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June 02, 2022, 04:47:38 AM
 #117

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
There are a lot of stories in this world where we see that a successful businessman is only a few percent successful.  So if you want to be successful here, you have to work hard. If you work hard, you will succeed one day, and if you want to be successful here, you have to work hard with your own identity.


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Tellek Garing (OP)
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June 04, 2022, 07:58:19 PM
 #118

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
There are a lot of stories in this world where we see that a successful businessman is only a few percent successful.  So if you want to be successful here, you have to work hard. If you work hard, you will succeed one day, and if you want to be successful here, you have to work hard with your own identity.
Well i agree with you on this because every success is attributed to hard work, and not only hard work but smart work, one need to be able to make the right trading decisions and this is always evidence in the kind of results their achieve.
carlfebz2
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June 04, 2022, 09:40:44 PM
 #119

most beginners only see the sweet side in achieving trading results. if we do not want to know the side of their struggle to the throne at this time, then we will fall into disappointment at the end. digging knowledge about the experience of seniors is very important, especially the mistakes they have made, so that we can avoid those mistakes. and most importantly, experience is needed in trading, and that can be obtained from the stories of seniors, so that our trading practices run more smoothly
The problem with most of these newbies is that they just see that their friends or someone they know is trading and making profit from it, and they would just get home and start thinking of becoming a trader, when they don’t even have any experience at all. Some of them will start trading and they will start losing their money, they wouldn’t know that the reason for this is because they don’t have skills for it at all.

For someone to become a trader, they need to have skills in analyzing the market, and being able to predict the direction that it would move. You need someone to teach you or you can do serious research online to learn all about it.
Well, those who come in trading think that they don't see and encounter any problems. In fact, what we can see from YouTube is all about positive, nothing had mention the risk as this will give encouragement the newcomers.

These newbies endure such problems and are likely unprepared for the situation which makes them blame the market, not themselves.
Yes, knowledge and skill are a must, and not only that, but they also have to learn how to handle the stress for this is not just an easy job. So newbies must not underestimate the market otherwise.
They think like making profit in trading is easy and not too risky but in reality it is quite the opposite,
most of the time for ordinary people to see crypto trading can make a quick profit and they don't see how big the risk is,
beginners need to learn first before actually entering the market to trade or invest
But learning would be usually be happening by committing out those mistakes.I know it isnt necessary but this had been always the case where people do eventually learn up when they experience unfortunate conditions which is really that common.Trading isnt never been an easy thing but with our first impressions when we are still a noob then making money on easy way would be the first treat up.

Whenever you do able to experience on how fierce this market is then you would soon realize that it was never been ideal to make yourself that too confident on dealing with it.

It does require good analysis and knowledge for you to survive this unpredictable market or random movement place.
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June 05, 2022, 01:48:02 PM
 #120

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
There are a lot of stories in this world where we see that a successful businessman is only a few percent successful.  So if you want to be successful here, you have to work hard. If you work hard, you will succeed one day, and if you want to be successful here, you have to work hard with your own identity.
Well i agree with you on this because every success is attributed to hard work, and not only hard work but smart work, one need to be able to make the right trading decisions and this is always evidence in the kind of results their achieve.
Yes, success is never separated from someone who works hard and that's how it is,
in trading making decisions is not something easy and takes a lot of practice,
but indeed the decision is very influential on our trading results

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June 12, 2022, 08:24:18 PM
 #121


Yes, success is never separated from someone who works hard and that's how it is,
in trading making decisions is not something easy and takes a lot of practice,
but indeed the decision is very influential on our trading results
I agree that hard work can give you good benefits in terms of trading, but if we take into account that you can have a lot of work but you do not have the correct sense of the market, no matter how much you know from a lot of theory and experience, the market sometimes it teaches us in certain movements, sometimes it is very uncertain and there are movements that not even the whales are capable of seeing, it is for this reason that when I see the market in these moments I admire those who manage to decipher what can happen, without having to fall in gambling.

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Tellek Garing (OP)
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June 18, 2022, 05:26:31 PM
 #122


Yes, success is never separated from someone who works hard and that's how it is,
in trading making decisions is not something easy and takes a lot of practice,
but indeed the decision is very influential on our trading results
I agree that hard work can give you good benefits in terms of trading, but if we take into account that you can have a lot of work but you do not have the correct sense of the market, no matter how much you know from a lot of theory and experience, the market sometimes it teaches us in certain movements, sometimes it is very uncertain and there are movements that not even the whales are capable of seeing, it is for this reason that when I see the market in these moments I admire those who manage to decipher what can happen, without having to fall in gambling.

Can any body truely decipher what will happen in the Bitcoin market, i dont think that is posible that os why Bitcoin is a highly volatile asset. One thing i have learned over the years is the fact that Bitcoin market is not predictable and one should just flow with the market conditions.
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June 18, 2022, 05:30:32 PM
 #123


Yes, success is never separated from someone who works hard and that's how it is,
in trading making decisions is not something easy and takes a lot of practice,
but indeed the decision is very influential on our trading results
I agree that hard work can give you good benefits in terms of trading, but if we take into account that you can have a lot of work but you do not have the correct sense of the market, no matter how much you know from a lot of theory and experience, the market sometimes it teaches us in certain movements, sometimes it is very uncertain and there are movements that not even the whales are capable of seeing, it is for this reason that when I see the market in these moments I admire those who manage to decipher what can happen, without having to fall in gambling.

Can any body truely decipher what will happen in the Bitcoin market, i dont think that is posible that os why Bitcoin is a highly volatile asset. One thing i have learned over the years is the fact that Bitcoin market is not predictable and one should just flow with the market conditions.


Unpredictable indeed, the volatile nature of this investment can attract or throw away investors.

Even you have lots of experienced there's no certain sign that you can rely more on speculations and how you follow the
market trend, there are some who love playing with the rollercoaster ride but more are not willing to take the risk, kind
of investors who are more likely to lose their money while working in this industry.
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June 18, 2022, 08:39:15 PM
 #124

To be honest, it is difficult to imagine in life such conditions that all traders would like at the same time. For some reason it seems to me that this is almost impossible.
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June 20, 2022, 07:44:07 PM
 #125

To be honest, it is difficult to imagine in life such conditions that all traders would like at the same time. For some reason it seems to me that this is almost impossible.
I can't believe everyone will get equal results even though their both venture into the same thing, individual experiences will always differ. Same thing in trading not everyone is lucky to make good profits from trading unless with high skills and if that happens then the trader can not be referred to as a newbie.

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June 21, 2022, 05:51:51 PM
 #126

Maybe his goals is only to tease you or make you jealous, that is why he only shows his profits but if he is a good friend he will tell you almost everything that he learn and went through that is because he don't want you to feel surprised or you won't get over confident thinking that trading is just an easy thing but at least you know something that your friend didn't know.

You already got him now but please don't tell him what you discovered as this can make the situation worse. Instead you can just distance yourself from him. Congrats by the way for taking the first step of becoming a trader. That is right, you should stay positive and do not let the hard times stop you.

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virasisog
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June 21, 2022, 06:24:52 PM
 #127

Maybe his goals is only to tease you or make you jealous, that is why he only shows his profits but if he is a good friend he will tell you almost everything that he learn and went through that is because he don't want you to feel surprised or you won't get over confident thinking that trading is just an easy thing but at least you know something that your friend didn't know.

You already got him now but please don't tell him what you discovered as this can make the situation worse. Instead you can just distance yourself from him. Congrats by the way for taking the first step of becoming a trader. That is right, you should stay positive and do not let the hard times stop you.
Maybe that person that you consider as a long-time friend doesn't want you to achieve the same thing that he has so he's not willing to save his strategies for you but I am sure that before he reached success, just like other traders, he also experienced multiple failures. We can't do trading perfectly in the beginning. There will be ups and downs especially when we're just trying to learn things about trading. It has lots of risks and we can't be successful without getting through losses and failed trading experiences.
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June 21, 2022, 06:36:02 PM
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 #128

Trading skills are what is developed overtime and if an experienced friend can render you the help to mentor you the process may be faster but that also depends on the level your determination to learn how to trade and if your friend can dedicate the time to give you first-hand lessons and guides you may phase some challenges along the way even if you have the motivation to learn.
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June 22, 2022, 07:21:45 PM
 #129

To be honest, it is difficult to imagine in life such conditions that all traders would like at the same time. For some reason it seems to me that this is almost impossible.
That is true not everyone will have same experience some traders get good skills that have aid the continues profits, but one thing is clear and that is newbies must first of all try to build their knowledge on various trading format. So let no one dive into trading just because their want to make quick profits, that kind of mentality have drained si many new traders.

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June 23, 2022, 05:25:04 AM
 #130

Quote
Trading skills are what is developed overtime and if an experienced friend can render you the help to mentor you the process may be faster but that also depends on the level your determination to learn how to trade and if your friend can dedicate the time to give you first-hand lessons and guides you may phase some challenges along the way even if you have the motivation to learn.

I agree with you, because those traders that listen to their mentors in the community are very calmed with this current price compare to those traders who don't listen to their mentors are the one panicking with the current price in the market. Continue learning different skills in the community will really help you to understand when to buy coins and hold for the price to change positively before you can sell to make a huge amount of profits. It is not favourable for anyone to sell coins right now, because the price is still low in the market which will not allow you to make a good profit.

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June 23, 2022, 07:09:49 AM
 #131

Trading skills are what is developed overtime and if an experienced friend can render you the help to mentor you the process may be faster but that also depends on the level your determination to learn how to trade and if your friend can dedicate the time to give you first-hand lessons and guides you may phase some challenges along the way even if you have the motivation to learn.
as friends, of course, want to teach according to their abilities, and the rest we are personally who should be self-aware to learn the development of trading techniques. lest we actually interfere with friends' time while we are studying. therefore as much as possible we can learn independently and learn in essence only from friends, so we must be able to enjoy the process in order to gain a lot of experience, and after that we can enjoy the results comfortably

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June 23, 2022, 11:18:57 PM
 #132

Trading skills are what is developed overtime and if an experienced friend can render you the help to mentor you the process may be faster but that also depends on the level your determination to learn how to trade and if your friend can dedicate the time to give you first-hand lessons and guides you may phase some challenges along the way even if you have the motivation to learn.
as friends, of course, want to teach according to their abilities, and the rest we are personally who should be self-aware to learn the development of trading techniques. lest we actually interfere with friends' time while we are studying. therefore as much as possible we can learn independently and learn in essence only from friends, so we must be able to enjoy the process in order to gain a lot of experience, and after that we can enjoy the results comfortably
Learning with friends is somewhat different from learning on our own. I'd say it was easy to have some people that could help to analyze the market and talk together but yeah, this is never forever, we also have to work on our own and develop our skills. We can't be forever reliant on others even on our friends as this couldn't help us to improve and enhance our confidence, especially in the difficult times.

- we consider the situation by making our own strategies to get ready for the future.

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June 24, 2022, 06:31:59 AM
 #133

Quote
Trading skills are what is developed overtime and if an experienced friend can render you the help to mentor you the process may be faster but that also depends on the level your determination to learn how to trade and if your friend can dedicate the time to give you first-hand lessons and guides you may phase some challenges along the way even if you have the motivation to learn.

I agree with you, because those traders that listen to their mentors in the community are very calmed with this current price compare to those traders who don't listen to their mentors are the one panicking with the current price in the market. Continue learning different skills in the community will really help you to understand when to buy coins and hold for the price to change positively before you can sell to make a huge amount of profits. It is not favourable for anyone to sell coins right now, because the price is still low in the market which will not allow you to make a good profit.
With market conditions that are still not stable, like it or not, we have to hold it in,
because if you sell it I don't think it's a decision and will only make us lose so it's necessary to be wise in the midst of this condition,
most importantly continue to be patient and hope the market will fully recover

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June 24, 2022, 06:45:04 AM
 #134

The best trading in crypto is still to buy and hold the coins, since the market goes consistently upwards. Many people that claim that they are sucessfull traders would actually made the same amount or even more if the just would have hold the amount of BTC. Also many of them would have lost money if the market would just have gone sideways. But they of course don't tell that because they want to look smart.
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June 25, 2022, 08:00:47 PM
 #135

<.>

Trading is not for everyone and not for everyone. In the future, it may turn out that you do not have the mindset that a successful trader needs and you will find yourself in other, less risky activities, such as investing or mining.
There are a lot of stories in this world where we see that a successful businessman is only a few percent successful.  So if you want to be successful here, you have to work hard. If you work hard, you will succeed one day, and if you want to be successful here, you have to work hard with your own identity.
Well i agree with you on this because every success is attributed to hard work, and not only hard work but smart work, one need to be able to make the right trading decisions and this is always evidence in the kind of results their achieve.
how far is achievements in Trading platform is not something of hard-working but it's all about targeting and the time Factor that you enter market of cryptocurrency and they make your profit without delay so success come based on your examination or your observation encrypto currency database so that is how trading is all about because the market of cryptocurrency differ

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June 27, 2022, 06:17:57 PM
 #136

Crypto trading is not easy and sometimes the chart may not go as you thought. Also, patience is a very important virture that a trader must have. When I started trading I lost some of my funds but currently I can say that I am doing fine.
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June 27, 2022, 06:44:29 PM
 #137

Initially, I thought that a paradise for every trader is an endless profit. But the question is different - will the trader be satisfied, and will he be interested in working?
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June 28, 2022, 04:04:15 AM
 #138

I wonder if your friend has told you the true story without hiding anything.  If so, this is great, but I would wonder how they are doing now, esp during the bear session/crypto winter.
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June 28, 2022, 06:22:55 AM
 #139

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

Trading is not the same as traditional business, doing trade here in the cryptocurrency is too risky, that is why you need to choose in between to risk your capital or not. If not, that means you are not suitable to stay here in this field business.
Probably, you can only fee paradise , if you are earning here nicely something like that.

.
SPIN

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June 28, 2022, 06:58:40 AM
 #140

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

Trading is not the same as traditional business, doing trade here in the cryptocurrency is too risky, that is why you need to choose in between to risk your capital or not. If not, that means you are not suitable to stay here in this field business.
Probably, you can only fee paradise , if you are earning here nicely something like that.
Trading is very complex and when we start trading crypto without any preparation or skills it is very risky,
there is a lot to learn before starting to trade and it certainly takes time,
what is clear is that trading is not as easy as some people think, who just want instant profits

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June 28, 2022, 03:10:07 PM
 #141

I wonder if your friend has told you the true story without hiding anything.  If so, this is great, but I would wonder how they are doing now, esp during the bear session/crypto winter.
Assuming his friend have being trading for a long time now and has built skills over the years with experience, he may be wrong to want to perform the same way the friend will. I guess the best thing for ops to do is to try to get the friend to help him through in form of mentoring and guidance before he can make a good and accurate trading decision.
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June 28, 2022, 05:32:44 PM
 #142

I am very interested in how traders see paradise for themselves)) And it would also be interesting to know - for them, simple earnings - is it also paradise?
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June 29, 2022, 07:30:06 AM
 #143

I wouldn't say someone is a good trader unless he has been profitable for at least 6-12 months if day-trading and 1-2 years if swing trading. It is also important to assess what assets and market environments he has navigated . As you will find out trading stocks is totally different endeavour than trading FX or crypto. Each has its own intricacies and drivers, especially if you're also looking at fundamentals and not just technical indicators. But anyways markets move at different paces and a good is either limiting himself to what he does best or he has a wide skill set and toolbox. Wink
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June 30, 2022, 04:43:15 AM
 #144

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
You are learning crypto currency trading by your friend that is really a good decision. You have seen and heard your friend's profits but you must keep in mind its loses and it's volatility. You are welcome to crypto currency world and prepare your self to learn about this especially it's ins and outs and then start trading. All in all I wish you success on this platform.

..Stake.com..   ▄████████████████████████████████████▄
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June 30, 2022, 05:20:41 AM
 #145

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
You are learning crypto currency trading by your friend that is really a good decision. You have seen and heard your friend's profits but you must keep in mind its loses and it's volatility. You are welcome to crypto currency world and prepare your self to learn about this especially it's ins and outs and then start trading. All in all I wish you success on this platform.
It is very important to look at it from both sides in terms of profit and loss because basically crypto is a big risk and we have to be prepared for the worst case scenario,
understand and learn all things related to crypto and indeed it takes a lot of time so we need to make time for it
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July 10, 2022, 01:14:10 AM
 #146

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

Trading is not the same as traditional business, doing trade here in the cryptocurrency is too risky, that is why you need to choose in between to risk your capital or not. If not, that means you are not suitable to stay here in this field business.
Probably, you can only fee paradise , if you are earning here nicely something like that.
Trading is very complex and when we start trading crypto without any preparation or skills it is very risky,
there is a lot to learn before starting to trade and it certainly takes time,
what is clear is that trading is not as easy as some people think, who just want instant profits

For me, the paradise of every trader or market speculator is to know in which direction the market is going so that they can win, if we start to analyze every market speculator, it does not matter if the BTC rises in price or falls in price, the The market speculator puts aside all sentiment towards the currency and sees it only as money, because if the price falls, I am sure that the market speculator makes money on the fall, as well as on the rise, all this is what I think it could be the paradise of a market speculator or trader, to anticipate the movements of the market, just as the famous Jesse Livemore did, he operated on the line of least resistance to guarantee winning.

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July 10, 2022, 07:57:38 PM
 #147



Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

The cryptocurrency market displays trading images and makes money whether you are an experienced trader or not. I don't want to say that cryptocurrencies are scams, but there are a lot of traders today waiting for the promised return on their investment. This is probably not going to happen due to the huge volatility in the market at this moment, with a large amount of new money coming in, and one more thing cryptocurrency trading is a risk not worth taking if you are not ready to lose.



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July 13, 2022, 05:38:10 AM
 #148

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

You have a pro trader friend, right? Did you ask him how he does it to make good money by doing crypto trading? Because, as far as I can see, you are just hyped because you see and witnessed what he was and is now. Now, if you are really determined to do what your friend is doing, there are pros and cons that you should always know. It's not a joke to enter the world crypto trading dude, that's what you should know that I'm not discouraging you. So before you enter think about it many times so that you will not regret it later. Good luck with your decision.

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July 13, 2022, 09:37:09 AM
 #149

You have a pro trader friend, right? Did you ask him how he does it to make good money by doing crypto trading? Because, as far as I can see, you are just hyped because you see and witnessed what he was and is now. Now, if you are really determined to do what your friend is doing, there are pros and cons that you should always know. It's not a joke to enter the world crypto trading dude, that's what you should know that I'm not discouraging you. So before you enter think about it many times so that you will not regret it later. Good luck with your decision.

I'm pretty sure his friend isn't a pro trader. A real pro doesn't act that way and won't brag about his earnings from trading but instead tell him how hard it is to dive in that field and teach him from his experiences.

OP is just hyped because of the profit his "pro" trader friend showed and let's just hope he will learn the reality before he lose a huge amount of money.
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July 13, 2022, 12:19:26 PM
 #150

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
But your story isn't clear enough did your friend teach you how to trade or you chose to embrace trading with no prior knowledge
if you truly learnt trading you will understand patience is the first step to conquering the market.

Loses is the first profit in every traders adventure. It takes from your mistakes to pay another who had their analysis right. One thing you felt to learn from your friend is patience to start making similar profits.

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July 13, 2022, 01:15:08 PM
 #151

The most important thing that all traders want is profit Smiley I don't think it's a secret, because in fact this phenomenon is quite normal. I think that many traders really only want to make a profit with minimal costs.
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July 23, 2022, 03:28:14 PM
 #152



Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture

The cryptocurrency market displays trading images and makes money whether you are an experienced trader or not. I don't want to say that cryptocurrencies are scams, but there are a lot of traders today waiting for the promised return on their investment. This is probably not going to happen due to the huge volatility in the market at this moment, with a large amount of new money coming in, and one more thing cryptocurrency trading is a risk not worth taking if you are not ready to lose.
You are right, now all this I have thought that there is a way that many are applying, and it is in copy trading, and it is currently being widely used by people who have no idea how to start trading, and seeing it well we are in a complicated time to do it, if we look at all the things that are about to happen in the world and that we could list range from a possible nuclear war to the third world war, something that nobody wants, apart from the constant threat of covid19 and the recession of the dollar These are the things that can threaten any trading paradise.

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July 26, 2022, 08:15:03 PM
 #153

Most new traders have this mindset of getting it quick with trading and the mind is more focused on the profit other than on trying to acquire the skills that will sustain their trading journey, I have come across many of my friends who are constantly complaining about they lose in trading, and most time some of them never pay close attention to some trading signals that will help them build better trading skills.

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July 26, 2022, 08:56:00 PM
 #154

The most important thing that all traders want is profit Smiley I don't think it's a secret, because in fact this phenomenon is quite normal. I think that many traders really only want to make a profit with minimal costs.
Making profit with;

minimal capital
minimal risk
minimal losses
minimal stress/anxiety
minimal effort

For sure we are really doing out best on attaining these thing specially on profitability
but we know that dealing with this market or even lets say into those traditional markets then it cant really be just possible
for you not to experience those toughest times which you would really be needing to survive at least.  Cheesy

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July 27, 2022, 04:57:04 PM
 #155

Before I started cryptocurrency trading I have always had this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after much persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all-good venture

If you heard about his success stories, that doesn't mean that he hasn't been into rough situations. He failed often many times for sure because trading isn't always about winning and taking profits. You will still face tough situations. Trading isn't a shortcut to success. That's definitely a wrong mindset. You have to invest time and knowledge for you to reach your target goal. It's actually a challenging journey.
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July 27, 2022, 05:48:44 PM
 #156

Before I started cryptocurrency trading I have always hard this friend who is a pro cryptocurrency trader and have always shown me his profits but never told me how long he has been into cryptocurrency trading, but I have known him for crypto trading for close to two years now and in this period I only saw his success stories.

Now I decided to start trading after many persuasion and am beginning to have a rough experience but all the while I have only viewed cryptocurrency trading as an all good venture
A business organization is formed out of two combinations of profit and loss.You have always heard stories from him about winning but he has never told you about losing.But I can say for sure if he was trading he lost but didn't tell you.Just told you the story of making a profit.As you have acquired knowledge and skills in trading then you yourself understand that trading platform has not only profit but also loss.But if you start trading, you should trade carefully. Before trading, you must always analyze the market and the coins you are trading with.After doing the analysis you will trade on the trading platform.
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July 28, 2022, 06:36:26 AM
 #157

Quote
I wonder if your friend has told you the true story without hiding anything.  If so, this is great, but I would wonder how they are doing now, esp during the bear session/crypto winter.

I believe, your friend don't want you to experience what other traders has experienced in crypto market that is why he showed you some of the things that will make you to be more active in personal research before investing on a particular project.  I think, everybody is experiencing this bearish season  which is the best opportunity for long term traders and short term traders to buy and hold for a brighter future. Now that the green light is preparing to be stable, it will be favourable to be patient for the bull season to appear.

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July 28, 2022, 07:49:03 AM
 #158

Quote
I wonder if your friend has told you the true story without hiding anything.  If so, this is great, but I would wonder how they are doing now, esp during the bear session/crypto winter.

I believe, your friend don't want you to experience what other traders has experienced in crypto market that is why he showed you some of the things that will make you to be more active in personal research before investing on a particular project.  I think, everybody is experiencing this bearish season  which is the best opportunity for long term traders and short term traders to buy and hold for a brighter future. Now that the green light is preparing to be stable, it will be favourable to be patient for the bull season to appear.

most people will give advice like you said when asked about investment planning in current conditions. the market looks better even though the correction could still happen again. but it's much better now. and it is natural for people to buy now and make their long term investment plans. After a few weeks of hesitation with very fast changing market conditions, I think it's a good time now for us to get in and start buying back.









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July 28, 2022, 01:02:55 PM
 #159

The most important thing that all traders want is profit Smiley I don't think it's a secret, because in fact this phenomenon is quite normal. I think that many traders really only want to make a profit with minimal costs.
What you have not said is fine but here everyone wants to invest little money and get much different from here if he wants to get profit by investing little money then he has to think and see where he can invest money and get more profit with little money.  He has to think like this and then invest and he has to think that I might lose my money.


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 #160

Quote
I wonder if your friend has told you the true story without hiding anything.  If so, this is great, but I would wonder how they are doing now, esp during the bear session/crypto winter.
I believe, your friend don't want you to experience what other traders has experienced in crypto market that is why he showed you some of the things that will make you to be more active in personal research before investing on a particular project.  I think, everybody is experiencing this bearish season  which is the best opportunity for long term traders and short term traders to buy and hold for a brighter future. Now that the green light is preparing to be stable, it will be favourable to be patient for the bull season to appear.
We are lucky if we have a friend like that that cares for our safety and doesn't hide things to us. These are the ones that we should value not those who are only there because they have hidden agenda's but anyway no matter how aware we are of the risks, mistakes can still be inevitable sometimes but we shouldn't rattle as mistakes can also help us to become good at what we are doing.

There's no one that is excluded in this bear but all who are involved here felt it. Indeed that it's a perfect time for accumulation for both traders and investors but we can't deny that traders are more in favor right now as the price keeps on moving up and down.

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July 31, 2022, 03:05:24 AM
 #161

Maybe your friend is just encouraging you that what he is doing trading in cryptocurrency can really earn you money and he is showing you that it is not a scam, and maybe he wants to see you make a spontaneous decision to do what he did, but I want you to know that he is right that cryptocurrency is not a scam but scammers can use it to scam, therefore it can be used for good and bad.

Quote
What you have not said is fine but here everyone wants to invest little money and get much different from here if he wants to get profit by investing little money then he has to think and see where he can invest money and get more profit with little money.  He has to think like this and then invest and he has to think that I might lose my money.

It's really better to invest here in cryptocurrency with a small amount first, don't suddenly take out a lot of money immediately entering crypto trading, more caution and enough knowledge is still needed in this kind of business industry.

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August 04, 2022, 01:50:52 PM
 #162

No one is a good trader from the beginning and its my own experience that when u just start trading for the first time then i was unable to make profit and i lost my own money so as the time passes i realize the main points of success and now i have a lot of knowledge about trading. I taught from my friends and from my family members, i hear about their success and failure so i make one thought about success so i become successful in my aim due to experience and knowledge.

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August 05, 2022, 03:18:04 PM
 #163

The most important thing that all traders want is profit Smiley I don't think it's a secret, because in fact this phenomenon is quite normal. I think that many traders really only want to make a profit with minimal costs.
What you have not said is fine but here everyone wants to invest little money and get much different from here if he wants to get profit by investing little money then he has to think and see where he can invest money and get more profit with little money.  He has to think like this and then invest and he has to think that I might lose my money.
Trading and gaining profits is only achieveable for those that have a lengthy experience in the space and believe me when I say, all traders in the space must lose, that's fact that one can't change but learn to adapt to the phase of the critical ups and downs of the market. All successful traders and investors started from somewhere, some took thousands of steps in the space before they made it while others took a bold step which made them reach their ultimate target.

Free space
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August 08, 2022, 09:04:11 AM
Last edit: August 08, 2022, 09:14:40 AM by landheer
 #164

Of course, everyone's personality is different. some people always say everything about themselves, some don't want to open up .and there are many different types of personality traits. You say your friend didn't tell you about his travel times in crypto. but I think it's a natural thing because everyone has different characteristics.
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August 08, 2022, 03:17:43 PM
 #165

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I wonder if your friend has told you the true story without hiding anything.  If so, this is great, but I would wonder how they are doing now, esp during the bear session/crypto winter.

I believe, your friend don't want you to experience what other traders has experienced in crypto market that is why he showed you some of the things that will make you to be more active in personal research before investing on a particular project.  I think, everybody is experiencing this bearish season  which is the best opportunity for long term traders and short term traders to buy and hold for a brighter future. Now that the green light is preparing to be stable, it will be favourable to be patient for the bull season to appear.

The thing is that if somebody have not experience the what his friends experience in trading the person will think that maybe the friend is discouraging him or her not to be successful in trading. I believe on my own that threading have its own history and that history of threading stand with the experience of others so I have to use the experience of others with yours so scared through in trading.

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August 18, 2022, 03:07:06 PM
 #166

May be he has gaining success but he will also face some sort of difficulties, there is very little percentage of the people who is successful from starting point. I remembered when i join crypto trading there was regular failure which i face because i do not even know that how to do it, i have no experience that time, so it was really bad days for me, but i never loss hope i tried again and again and this time i am gaining a good percentage of income by doing trading.

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August 18, 2022, 04:18:52 PM
 #167

May be he has gaining success but he will also face some sort of difficulties, there is very little percentage of the people who is successful from starting point. I remembered when i join crypto trading there was regular failure which i face because i do not even know that how to do it, i have no experience that time, so it was really bad days for me, but i never loss hope i tried again and again and this time i am gaining a good percentage of income by doing trading.

Some might be too much lucky while some really did a deeper research before they start their journey,

Other than that, I don't see someone who will keep gaining while in the process. Most of the time, they will suffer from huge losses
to the point that they don't want to continue the business.

While with someone who has a good determination, proceeding and trying to make some successful run would take time but
very doable if you will continue to enhance your strategy and continue to earn more knowledge from the industry.
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August 18, 2022, 04:46:21 PM
 #168

You are absolutely right cryptocurrencies are a paradise for traders, You will not find such huge profits anywhere except the cryptocurrency market, but for this you need to have free will from other people's influences, your decisions should be 100% yours and not imposed on you from outside. Not many people can do it.
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August 18, 2022, 05:14:21 PM
 #169

You are absolutely right cryptocurrencies are a paradise for traders, You will not find such huge profits anywhere except the cryptocurrency market, but for this you need to have free will from other people's influences, your decisions should be 100% yours and not imposed on you from outside. Not many people can do it.
Arguably, I could say politics. At least the sort of politics that I see going on in my country, where you've got politicians assign projects to themselves and friends, loot the treasury and don't get questioned for it. Another of such is the foreign exchange market (FX) but I guess currency market goes for that.

Again, in general, trading have got some good chances to enriching an experienced trader but make no mistake, it goes both ways.as it could take from you not just your money but, can as well affect your mental health.
It becomes a thing of great importance that you put good effort in studying what trading entails, practice wth fake money and could try the real trading little by little with small funds.

.
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August 18, 2022, 05:17:13 PM
 #170

You are absolutely right cryptocurrencies are a paradise for traders, You will not find such huge profits anywhere except the cryptocurrency market, but for this you need to have free will from other people's influences, your decisions should be 100% yours and not imposed on you from outside. Not many people can do it.

Naturally, to begin with, it would not be bad to learn to understand the market in principle, and then free will to be a profitable trader constantly and not by accident.
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August 18, 2022, 05:33:54 PM
 #171

You are absolutely right cryptocurrencies are a paradise for traders, You will not find such huge profits anywhere except the cryptocurrency market, but for this you need to have free will from other people's influences, your decisions should be 100% yours and not imposed on you from outside. Not many people can do it.
Arguably, I could say politics. At least the sort of politics that I see going on in my country, where you've got politicians assign projects to themselves and friends, loot the treasury and don't get questioned for it. Another of such is the foreign exchange market (FX) but I guess currency market goes for that.

Again, in general, trading have got some good chances to enriching an experienced trader but make no mistake, it goes both ways.as it could take from you not just your money but, can as well affect your mental health.
It becomes a thing of great importance that you put good effort in studying what trading entails, practice wth fake money and could try the real trading little by little with small funds.

With experience, I realized that I don't have to sit in front of charts all day. That trading is like hunting. You need to pull the trigger at the right moment. Everything else is a waste of the deposit clip.
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August 21, 2022, 09:09:03 PM
 #172


With experience, I realized that I don't have to sit in front of charts all day. That trading is like hunting. You need to pull the trigger at the right moment. Everything else is a waste of the deposit clip.

When preparation means opportunity it will turn to success. Usually many traders do prepare their set up during the weekend so that as the week go by and the market plans mature then the triggers are released just like hunting games for kill but a trader who doesn't prepare will end up confused in the market hence sitting at the computer all day with little or no success.
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