Captain Corporate
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April 23, 2022, 03:37:52 PM |
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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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adzino
Copper Member
Hero Member
Offline
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
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April 23, 2022, 04:01:54 PM |
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-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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Serco
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April 23, 2022, 05:33:10 PM |
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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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nurilham
Sr. Member
Offline
Activity: 1442
Merit: 436
duelbits.com
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April 23, 2022, 11:39:22 PM |
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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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| | | . Duelbits | | | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄▄▄ | TRY OUR
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jrrsparkles
Sr. Member
Offline
Activity: 2394
Merit: 253
Eloncoin.org - Mars, here we come!
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April 24, 2022, 12:19:39 AM |
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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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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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Crypto Library
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April 24, 2022, 08:08:22 AM |
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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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|MINER|
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April 24, 2022, 08:19:31 AM |
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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 |
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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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Alisha-k
Member
Offline
Activity: 840
Merit: 23
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April 24, 2022, 02:22:03 PM |
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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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sana54210
Legendary
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Activity: 3192
Merit: 1128
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April 24, 2022, 09:56:01 PM |
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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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AmoreJaz
Legendary
Offline
Activity: 3094
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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April 24, 2022, 10:21:46 PM |
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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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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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adaseb
Legendary
Offline
Activity: 3752
Merit: 1709
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April 25, 2022, 04:08:45 AM |
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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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Ahli38
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April 25, 2022, 05:35:24 AM |
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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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Kimonoe
Member
Offline
Activity: 700
Merit: 10
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April 25, 2022, 07:06:34 AM |
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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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degaga15
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April 25, 2022, 10:21:05 AM |
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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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Mauser
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April 25, 2022, 11:43:28 AM |
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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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lienfaye
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April 25, 2022, 12:31:04 PM |
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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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passwordnow
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April 25, 2022, 12:45:30 PM |
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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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Ararbermas
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April 25, 2022, 01:02:22 PM |
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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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Zilon
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April 25, 2022, 04:47:06 PM |
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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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