Having losses? Or people are not going the right way

[tjtonmoy]

If bitcoin is presently at $21000 by now, they should know that the market is healthy, that they should not sell in loss. If they hold bitcoin, all-time-high is coming, I am predicting the next bitcoin all-time-high to reach over $100k.

I think you are right. People who holds, they are the winners. No doubt about that. But the whales are waiting for the dippest dip to fill their bags. Only then we can see an ATH over 100k

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[MarjorieZimmermanGinger]

The question when they enter the Altcoin market? here is the source of the problem

In other words, they themselves are looking for trouble. Like I said, that altcoins will not give maximum profit every time, especially since the market is in a correction condition.
There are certain moments that must be considered before entering the altcoin market, and even then on potential altcoins, because if you expect hype, we will definitely suffer losses.

[BRINIRHA]

maybe this will be a lesson for me. So far I've always wanted to make a quick profit. and the way to go is to buy altcoins that are hype. and I think it has a high risk. especially if the chosen altcoin is one that does not have good fundamentals. and most beginners do this.
but I'm lucky to have stopped chasing the hype. and now I prefer to trade in bitcoin. and some altcoins that do have strong fundamentals like Ethereum and BnB. and I gave up my bad habit of thinking that is hoping for big profits in a short time.

[Don Pedro Dinero]

maybe this will be a lesson for me. So far I've always wanted to make a quick profit. and the way to go is to buy altcoins that are hype. and I think it has a high risk. especially if the chosen altcoin is one that does not have good fundamentals. and most beginners do this.
but I'm lucky to have stopped chasing the hype. and now I prefer to trade in bitcoin. and some altcoins that do have strong fundamentals like Ethereum and BnB. and I gave up my bad habit of thinking that is hoping for big profits in a short time.

You don't seem to have learned your lesson at all. You are going from trading altcoins to trading bitcoin.

You're going to be much better off buying and holding bitcoin, or buying regularly with whatever money you have available. And don't touch it, just hold, the more years the better. About 4-6 years minimum. It's a more boring but much safer way to make a profit.

[BRINIRHA]

maybe this will be a lesson for me. So far I've always wanted to make a quick profit. and the way to go is to buy altcoins that are hype. and I think it has a high risk. especially if the chosen altcoin is one that does not have good fundamentals. and most beginners do this.
but I'm lucky to have stopped chasing the hype. and now I prefer to trade in bitcoin. and some altcoins that do have strong fundamentals like Ethereum and BnB. and I gave up my bad habit of thinking that is hoping for big profits in a short time.

You don't seem to have learned your lesson at all. You are going from trading altcoins to trading bitcoin.

You're going to be much better off buying and holding bitcoin, or buying regularly with whatever money you have available. And don't touch it, just hold, the more years the better. About 4-6 years minimum. It's a more boring but much safer way to make a profit.

looks like you're right. Thank you for your advice. I will learn to hold my bitcoins from now on. but to keep it for a long time means I have to use cold money. and you are right it seems I have to set the way of purchase as well. maybe i will buy gradually from now on and hold it specially for bitcoin. but for altcoins I don't dare hold on for long. because I've seen a lot of the top altcoins turn out to fall unexpectedly. thanks again for reminding me.

[traderethereum]

If bitcoin is presently at $21000 by now, they should know that the market is healthy, that they should not sell in loss. If they hold bitcoin, all-time-high is coming, I am predicting the next bitcoin all-time-high to reach over $100k.

I think you are right. People who holds, they are the winners. No doubt about that. But the whales are waiting for the dippest dip to fill their bags. Only then we can see an ATH over 100k

There is no doubt that if they can wait and hold their bitcoins until the price goes up high and sell them at that point, they are the winners.
But if they don't sell it when the price is high, maybe they can't be said to be the winner because their bitcoin will still be bitcoin and they don't know when they will sell it.
But each person has their decision and it's up to them when to sell their bitcoins.
The price of bitcoin can go up high and reach more than $100k in the future so it's better to keep your bitcoins and wait for the right moment to sell them.

[carlfebz2]

If bitcoin is presently at $21000 by now, they should know that the market is healthy, that they should not sell in loss. If they hold bitcoin, all-time-high is coming, I am predicting the next bitcoin all-time-high to reach over $100k.

I think you are right. People who holds, they are the winners. No doubt about that. But the whales are waiting for the dippest dip to fill their bags. Only then we can see an ATH over 100k

There is no doubt that if they can wait and hold their bitcoins until the price goes up high and sell them at that point, they are the winners.
But if they don't sell it when the price is high, maybe they can't be said to be the winner because their bitcoin will still be bitcoin and they don't know when they will sell it.
But each person has their decision and it's up to them when to sell their bitcoins.
The price of bitcoin can go up high and reach more than $100k in the future so it's better to keep your bitcoins and wait for the right moment to sell them.

Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions

which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.

[bhooscream]

Nearly half of US adults say their crypto punts are worse than expected: Survey

I don't know why every time people are losing their money on a crypto investment, they will blame crypto. I don't think that this is the fault of crypto, but the mistakes of the people themselves on how they are investing, in what crypto, at what rate, and how long they are investng.
There are many people who invest in cryptocurrency because of the hype and also triggered by FOMO. ANd then after the price drop, they are too late to sell and then lost the money. Or, they are buying Bitcoin in one day, and after 2 days, the price drops, and they considered that they have lost their money. Whereas as we know that when we are investing in Bitcoin, we can use it for long-term investment. That is why we don't need to panic every time the price of Bitcoin drops. That is why long-term investment of Bitcoin is sure enough. However, in fact, many people only need instant profits and always think that crypto investment will give high profits quickly. And eveyr time the market goes down, they will blame crypto. In addition, they are very ready with the profits, but they are not ready and not want the risks.
This si actually based on how they are in the real world, their readiness on something risky ther willing to learn and many more complex things to do.

[Natalim]

Precisely they want to get rich in a short time, even though there is no place anywhere that can offer that. They ended up trapped in their own greed. And not infrequently people like that are people who have experienced the same incident several times, strangely they do not learn from the bitter experience they felt before.

Cryptocurrency really makes it possible to quickly increase your funds, but the truth is that in order to do this you need to have good knowledge in many areas and of course some part of luck must also be present. Bitcoin is reliable, but this way can also be long. Here everyone chooses for himself, for someone more reliable investments are important, for someone it is important to increase your deposit as quickly as possible...

And it was a need for the impatient people to adjust and adapt to the system otherwise, losses are what was meant to happen to them.
Choosing an investment that we are knowledgeable about is a great advantage but those who love thinking of instant return, quick rich scheme literally suffered losses. I'd see a lot of people doing this and they blame crypto but the truth is that it was their fault. It is necessary to at least have an idea of what we are doing, otherwise.

[Rigon]

Nearly half of US adults say their crypto punts are worse than expected: Survey

It's too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money.

Amid the ongoing crypto winter, new data from a Pew Research Centre survey has shown that 46% of adult crypto users in the United States are seeing lower than expected returns on their crypto investments.

The survey gathered responses from over 6,000 randomly-selected adults across the United States, with panelists participating in self-administered web surveys.

Conducted from July 5 to 22 of this year, the majority of respondents who said they had invested in crypto said they saw lower than expected returns than expected while only 15% of people surveyed said their crypto investments had done better than expected. Meanwhile, around 31% said it was "about the same as they expected."

To read the news in details, you can follow the above link.

The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021. If an holder bought at high price, they may not want to wait again and sell in losses after coins like bitcoin has already reached all-tim-high. Some people that invested at low price can gain but altcoins are more risky.

Bitcoin has always reach all-time-high. Many people that complained before the present all-time-high with unrealized losses (people that did not sell when they were losing) later gained and were all happy, bitcoin increased from $19500 all-time-high in 2017 to $69000 all-time-high in 2021.  Bitcoin market has been unfavorable this year but which people that know about bitcoin are not surprised about, they have predicted this bear market before it happened. If bitcoin is presently at $21000 by now, they should know that the market is healthy, that they should not sell in loss. If they hold bitcoin, all-time-high is coming, I am predicting the next bitcoin all-time-high to reach over $100k.

Bitcoin will reach its peak one day but it is not far away.What you predicted will happen very soon.We may see Bitcoin price 100k very soon. Those of you who have already invested will never be disappointed.Will the market grow or not? I can say that since you bought and invested in Bitcoin, hire a long-term vision.You understand the result of waiting but it will definitely be good. But if you have seen the price of Bitcoin as high as $69k then there is no reason to be disappointed.Of course you can believe that Bitcoin will reach its peak very soon.

[traderethereum]

Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions

which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.

I prefer to withdraw profits, even if they are small because I believe the profits can be big if I keep trying.
Maybe people want to take advantage when the price is high so the profit will be even greater.
They should be able to learn to reduce losses, especially if they know that the price will continue to fluctuate and even the price will move so fast.
Yes, we must be wise in making decisions so we don't suffer big losses like others.

[Eternad]

Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions

which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.

I prefer to withdraw profits, even if they are small because I believe the profits can be big if I keep trying.
Maybe people want to take advantage when the price is high so the profit will be even greater.
They should be able to learn to reduce losses, especially if they know that the price will continue to fluctuate and even the price will move so fast.
Yes, we must be wise in making decisions so we don't suffer big losses like others.

It’s a golden on trading to take profit when happy but you can maximize your profitability if you are using fibonacci level to determine the percentage of profit to make your trade efficient rather than using just your emotion on taking profit. I’m always encountering this kind of comment on thread like this but how do you determine if the profit is small or huge?

Many traders are missing a lot profit opportunity for being too cautious without even using indicators. It’s not bad to become cautious but people should understand how to play properly on trading.

[stomachgrowls]

Doesnt matter if its big or small profits as long it would be green then it would be still a profit although it do only differ on scale but thats what it counts and this is where people do really make out other actions

which would really be different to each other.Some does really love to play safe and some do really love to put up some risk.Losses is normal and this is why we are doing out best to lessen it out.
The important thing on here is that you should really be wise on every decisions that you would make even though it wont be that precise but at least you do know on what you are doing.

I prefer to withdraw profits, even if they are small because I believe the profits can be big if I keep trying.
Maybe people want to take advantage when the price is high so the profit will be even greater.
They should be able to learn to reduce losses, especially if they know that the price will continue to fluctuate and even the price will move so fast.
Yes, we must be wise in making decisions so we don't suffer big losses like others.

It’s a golden on trading to take profit when happy but you can maximize your profitability if you are using fibonacci level to determine the percentage of profit to make your trade efficient rather than using just your emotion on taking profit. I’m always encountering this kind of comment on thread like this but how do you determine if the profit is small or huge?

Many traders are missing a lot profit opportunity for being too cautious without even using indicators. It’s not bad to become cautious but people should understand how to play properly on trading.

There's no way of determining whether its small or huge because whenever the market do make out some turn then you would be giving that a point which you would really be saying that it was the peak
or bottom and this is the time you would make out some conclusion whether you had just made out some good decision on selling or you had just been to early on taking action.
Due to unpredictability of the market then it is really hard to point the precise levels and speaking with tools been used in regarding on that decision making then it would be falling
whether you are relying into those indicators or just simply been following with your own gut or emotion.

[Kelvinid]

We suffered losses not only because we do the wrong things but because of the volatility of the market, this will actually happen, and find no excuse for that. It seems to know that it was acceptable unless the situation is getting worse and even lost many times that is something to say it was not good at all. Some factors are :
- wrong choice of coins
- emotions/panic selling
- knowledge
- being impatient
 
And I was sure that many people/investors had carried these things and no way they can escape from losing their money.

[Ahli38]

those who are too involved in the crypto altcoin project will probably have the same opinion as the news source.
but for those who entered bitcoin from the beginning, they must have had a different response.

because it is true that altcoins have very high fluctuations. even many of them end up rugfull, scam etc.
That's why it's so hard to find a suitable altcoin to enter as a long-term investment. only a few names to date have continued to display positive charts. like ETH. but still very high volatility.
so I myself do not dare to invest long term in altcoins. I only dare to invest long term in bitcoin. because of this bitcoin gives more than i expected. even when fud continuously attacks bitcoin. but bitcoin is still standing strong and remains number one.

[Tony116]

The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021.

it is not bad that they invested in altcoins because at some way? altcoins are also profitable but the issue here is why they invested in Altcoins rather than bitcoins? it is because of their greedy attitude and because they wanted to make easy money.

they trusted those coins because of the Idea that this will make them rich in shorter time.

Greed is at the root of everything and everyone wants to get rich as fast as possible.
In addition, they might also invest more in bitcoin, but when bitcoin drops in value in a short period of time and makes them panic and sell them, this will also result in them losing money.
The loss not only happens when investing in altcoins but investing in bitcoin will also make them lose money if they don't understand how bitcoin works and just want to buy and sell them right after to make a profit.

[lienfaye]

Investing without a proper knowledge of what they are getting into is one of the common reason on why investors are having losses. It's because they buy a coin not knowing if this is the right one or even worthy to hold. Some people who invest in crypto became interested just because they saw an ads about it or through influencers promoting the particular coin saying it's profitable to invest.

The other one is buying at peaked price but cant bear seeing the price moving downward, due to lack of patience, panic selling is their solution on this situation while other investors who have high hopes are disappointed because it's not the scenario that they expected when they invest. Anyway investing is risky thus if you decided to take risk dont expect too much and be prepared. Always remember the saying "good things will come to those who wait" so be patient.

[traderethereum]

It’s a golden on trading to take profit when happy but you can maximize your profitability if you are using fibonacci level to determine the percentage of profit to make your trade efficient rather than using just your emotion on taking profit. I’m always encountering this kind of comment on thread like this but how do you determine if the profit is small or huge?

Many traders are missing a lot profit opportunity for being too cautious without even using indicators. It’s not bad to become cautious but people should understand how to play properly on trading.

It can be seen from many things in determining whether the profit is small or large.
The most obvious example is when the price gets a pump and makes the price soar suddenly, giving us a big profit.
But if the price increases but is not too high and there is a tendency for the price to fall again, we can sell it at that time and our profit will not be too big.
It will all depend on the state of the market, how the price moves, and how much profit we want.
The important thing is not to be greedy in taking advantage because otherwise, we can lose profit.

[Peanutswar]

A normal thing people can easily catch their eyes with the easy earning of money and for sure many people get encourage to do this at the same time because they want to make their savings more profitable and again the market is volatile and it is all up with your decision to make a hold or sell your assets and of course once the market is currently going down there's a chance that you might get feared and panic selling those holdings you have.

[Odusko]

The mistakes people make is because they are investing in altcoins, could you believe that altcoins are more volatile but many of them do not make it to all-time-high in 2020/2021. If an holder bought at high price, they may not want to wait again and sell in losses after coins like bitcoin has already reached all-tim-high. Some people that invested at low price can gain but altcoins are more risky.

The truth is that most of people that invest in altcoin are always with the mindset of 100x returned on investment which may never be achieved unless on a pump and dump  projects and most of the altcoins are programmed that way but can also crashed to zero price so investors have developed a mindset of selling off whenever the price pump since they have learned from past experienced, that altcoin can hardly recover after any drop in price unless for a few of them like Ethereum who follow closely with Bitcoin market movement.
Take a look at most of the altcoins that have crashed before, altcoin doesn't have the recovery capacity that bitcoin has to recover from any bear season and still make an all-time high.