Lost of my capital has made me to have a change of mind about Bitcoin .

[GiftedMAN]

Personally op I wouldn't advice you to continue with trading or looking for the best strategy to avoid loses in trading when you have know knowledge on what you are trading. Stop gambling wieh your funds and get a good knowledge on trading to ease your way to understand the market more.

There are no perfect strategies to trade rather getting the right knowledge can help you to know when to trade and when to stop trading so you need to get knowledge first. If you have spare money you can invest in Bitcoin with some amount instead of wasting it in trading when you lack knowledge on trading.

[Kasabus]

Greetings to everyone,please i am new in this forum and I was directed by my friend to join the forum to get information and answers that I need to know about Bitcoin.
The challenge started when a friend introduced  cryptocurrency to me and I picked interest about it ,I  started making some researches on how to trade and invest in Bitcoin ,I downloaded candle stick bible as directed by my friend so I can have a good knowledge on how to understand the reasons for the formation of each of those candles  And the reasons for their existence,
I went through those stress to also learn how to analyze and also to know bullish and bearish moves ,to know when the market is trending and choppy but after all these processes and following those strategies I will still loose my capital . However, my question here is ' what is the best strategy to trade without losing my initial capital ?.
 Please friends I need advice and answers to this question because I know we have crypto experts here in the forum who will assist me and also educate me on what I need to know about Bitcoin trading .Thanks .

There's no certain strategy that will prevent you from losing in trading most especially if you are still in the process of learning to trade. Trading is learned in a hard way that you need to lose a lot first before you are taught on how to trade the right way. That is why it takes years for a trader to become  a pro trader and become profitable on his trades. Those who can't be patient from losing a lot have end up quitting from trading and just focus on investing and long-term hodling.

Experience will make you a good trader in the process. But it does not mean that even if you become a good and professional trader, you will not experience losses in trading. Losses are part of trading and you can't do nothing about it but learn to accept the reality.

[suzanne5223]

I went through those stress to also learn how to analyze and also to know bullish and bearish moves ,to know when the market is trending and choppy but after all these processes and following those strategies I will still loose my capital .

That's one thing about crypto, it could be your safe haven and it could also be your worst nightmare but the use of stop loss or the hodl strategy would help during the bad experience market.
Nevertheless, crypto trading is not for everyone and we need to be sure if trading is for you.
 

However, my question here is ' what is the best strategy to trade without losing my initial capital ?.

Nothing can guarantee you not lose your initial capital but there are things that will always increase the chance of you not losing your initial capital. Which are choosing the best crypto to trade, apply risk management, prevent emotional decision-making, apply stop loss, make use of both technical and fundamental analysis

[Kelward]

Even if what I'm about to say will surely sound like a repetition of what most members have already told you on this thread, it's still the fact, because I'm retelling you what they've told you already. For now as a newbie, just focus on increasing your bitcoin knowledge and investment, all you need do is accumulate and hold, in bull run, you sell and make profit, sounds quite simple right, and that is what it is. Only difference is that you'll need to probably hold for a longer time to maybe wait for bear run to pass, then wait again time for the perfect opportunity for you to sell and make profit. Unlike bitcoin trading where you can can make that profit on a shorter term, but as you've already learned from your experience, it comes with it's own risks, of losing your hard earned investment capital, as is in your own case.

I've been in this forum now for a while, and despite the interest for me to venture into bitcoin trading, I always caution my self to still stick to the investment mode, I've however given my self a time frame before trying to trade, and that time has not come, i need to equip myself more about the dynamics of trading before going into it. I'm not in a hurry to take that risk now, despite its reward, because I'm not in a hurry to lose all my money.

[bitbollo]

best strategy is very easy: buy and hold. Buy as small packages (like each month?) or buy just one stake all in one....
here the not easy part... wait some years? maybe more? but meanwhile try to understand as much as you can about this technology.
it helps a lot in your everyday life... there is no second best

[reagansimms]

One of the most tempting factors for traders who are just starting to trade Cryptocurrency is because the value can increase by hundreds of percent without any limits. However, the profits that can be obtained are commensurate with the risk of loss due to an unlimited decrease in value when trading crypto. As a result of crypto assets being very volatile, you could make a profit or, on the contrary, lose a large amount.
Every trade and investment has its own level of risk, now the most important thing is that you need to be more careful in trading to reduce or even prevent possible risks.

[LogitechMouse]

~
However, my question here is ' what is the best strategy to trade without losing my initial capital ?.
 Please friends I need advice and answers to this question because I know we have crypto experts here in the forum who will assist me and also educate me on what I need to know about Bitcoin trading .Thanks .

You're on the right track. You did research that will help you, and as a newbie, you did download some apps that will help you understand trading. You undergo this kind of stress, and all of us experienced it as well.
You know what's the problem with you? YOUR EXPECTATION.

You expected so much that you think that you will gain profit because you got stressed doing some in-depth research. It doesn't work that way OP. If it's that easy to gain profit in trading, all of us must've been rich by now. You expected that if you will spend some time doing research, and go trading, you will automatically gain profit. That's how the game works OP. Now you understand how hard it is to gain profit through trading. You did do some research, but I guess it isn't enough. If you really want to be a successful trader, spend more time, and learn more.

The best strategy to trade without losing any capital? There's NONE. If there is, like I said all of us must've been rich by now. In investing, there's no such thing as "GUARANTEED PROFIT". Trading is considered investing, and in investing, there are no guaranteed profits, so there will be times that you will incur losses. Unfortunately, no one will give you the "BEST STRATEGY" that you're asking because there's no one existing.

[Dzwaafu11]

what is the best strategy to trade without losing my initial capital ?.
 Please friends I need advice and answers to this question because I know we have crypto experts here in the forum who will assist me and also educate me on what I need to know about Bitcoin trading .Thanks .

I think what affected you was how you view the whole trading and it is not working the way you think, man, because you expected a huge amount of money after you did a little research about trading and you think you have already gotten to understand everything without going for more research. You decided to trade, and you now think that since you have already understood, you will need a big amount of money to start it, which is why you are now panicking. Why did you use the amount you cannot afford to lose? If you used a small amount for a start, we could have said at least they will guide you more. However, ask your friend who is introduced to the crypto space how things work for investors and cryptocurrency traders. People don’t expect too much here; we believe in how the market favours us at that time.

So what affected you was that you don’t ask questions before you take action; you only learn small and think you can earn a lot. That is not how it works; you need to put in more effort so that you will succeed. However, I can see that you are not here for trading, so for you to know much about trading, you can compose some questions and ask them in the trading discussion board. I can see that you are looking for a way to know more about trading, but note that losing in trading is natural; you must lose whether you like it or not. As far as you will trade, you must lose.

[Crypt0Gore]

The higher the reward you pursue in crypto space the bigger the risk, if you are a beginner for real and you have interest in trading why not start with spot trading? The chances of losing money in spot trading is very low, you just have to buy low and sell high, it takes time and it's less profitable unlike futures and leverage trading where you can use multipliers to make insane amount and this multiplier is also the problem because you can also get wiped out in a second.

Too risky for a newbie, and that is why investing your money in Bitcoin and holding is the most relaxing thing you can do for yourself, the hard part of holding is...

1. If you fail to keep your recovery seed and someone steal your bitcoin, you can avoid this by getting a hardware wallet instead which is more secured than other crypto wallets.

2. If you use the money that you will be needing very soon to invest in Bitcoin you might end up selling at a loss, because when the real time comes because might already be lower than the price you bought it and you just have to sell because you need the money.

Do not invest with money that you will need in some months later, we don't know what the price of Bitcoin will be then, it can be higher and it can be lower, so always invest with money that you can ignore for a very long time, like a year or two from this moment.

Investing in Bitcoin is better than trading, lack of knowledge is what's trying to make you quit from Bitcoin, trading is another thing entirely, and you need to learn to understand trading.

[macson]

Greetings to everyone,please i am new in this forum and I was directed by my friend to join the forum to get information and answers that I need to know about Bitcoin.
The challenge started when a friend introduced  cryptocurrency to me and I picked interest about it ,I  started making some researches on how to trade and invest in Bitcoin ,I downloaded candle stick bible as directed by my friend so I can have a good knowledge on how to understand the reasons for the formation of each of those candles  And the reasons for their existence,
I went through those stress to also learn how to analyze and also to know bullish and bearish moves ,to know when the market is trending and choppy but after all these processes and following those strategies I will still loose my capital . However, my question here is ' what is the best strategy to trade without losing my initial capital ?.
 Please friends I need advice and answers to this question because I know we have crypto experts here in the forum who will assist me and also educate me on what I need to know about Bitcoin trading .Thanks .

The wrong idea that beginner traders always have is that trading is an easy activity and has no risk at all ^{(it's just an activity of buying cheap - selling high)}.  The reality is that trading is not an easy activity, trading also involves psychology, analysis and skill, there is not a single trader in this world who has a 100% win, they definitely lose ^{(i also lose quite often)} but that is what makes them survive. is that their winning percentage covers the percentage of losses they experience.
you are undergoing a process of becoming a good trader, make all kinds of experiences you get a valuable lesson, continue to hope for your skills and abilities, don't let failure at the beginning make you withdraw from trading activities forever, however if you give up it will be in vain everything you have done, including the initial capital you used when starting trading.

[barisbilgili]

The wrong idea that beginner traders always have is that trading is an easy activity and has no risk at all ^{(it's just an activity of buying cheap - selling high)}.  The reality is that trading is not an easy activity, trading also involves psychology, analysis and skill, there is not a single trader in this world who has a 100% win, they definitely lose ^{(i also lose quite often)} but that is what makes them survive. is that their winning percentage covers the percentage of losses they experience.
you are undergoing a process of becoming a good trader, make all kinds of experiences you get a valuable lesson, continue to hope for your skills and abilities, don't let failure at the beginning make you withdraw from trading activities forever, however if you give up it will be in vain everything you have done, including the initial capital you used when starting trading.

Every beginner who thinks that trading has no risk can be sure that they are only listening to the many profits obtained by those who already have good experience in the trading they do, but this is certainly very wrong if the reason for starting trading for every beginner is a lot of processes. that they have to go through to be able to gain profits from trading.

It takes a lot of experience to be able to make us successful in trading and we must be able to learn from the failures we have made in trading and improve them to make better trades.

[Odusko]

As a newbie, why should you choose trading to start with your Bitcoin journey when you should know that as a newbie, you have to limit your risk level and for that to be achieved, you have to look away from risk investments and also stay clear from trading, and gambling with the price of Bitcoin.
The best possible position to stand for is to buy Bitcoin and hold it in a personal wallet because that is the only way to increase your chances of profits but only in the long term goal and perspective,  and while you are at that, you should keep building and gaining knowledge about the entire community.

[Distinctin]

 There's no perfect strategy in trading that will free yourself from initial losses. Note that trading has always been never easy so its already given that once you trade as a beginner, you will definitely lose your capital in the first place. This is the reality when you trade, you will never trade for quick profits but its more on exposing yourself to your initial losses. But losses should not be your barriers when trading, but lack of knowledge and skills are.

This is the reason why trading is not advisable for beginners, because aside that you will experience frequent losing, your emotions are not stable yet and controlling it is still impossible. But as you expose yourself into trading more often, the more experience you will gain, the more tips and lessons you will earn.

[Solokan]

you are in the right place here you can ask about btc and other crypto.

you need to know that I am still in the learning stage, but I always read posts by great people on this forum and of course there are many benefits for me.

and I'm just giving advice and my experience in trading on BTC, before trading of course you have to be prepared for the risk if a loss occurs, and of course in trading you have to use money that is ready to be lost so that your mentality is maintained. But if you Trading in BTC, of ​​course it can be called safe because BTC is different from altcoins, for altcoins the movements are very difficult to predict and sometimes the price can be destroyed, but for BTC, of ​​course it has the potential to have a good future, for example now the price of BTC has started to recover and For those who don't panic sell, of course their capital is slowly starting to return.
and in my opinion BTC is very suitable for long term investment, but short term it is also possible as long as we have good trading techniques. and you must be able to manage risk.

op you have to keep exploring insights, don't give up, do research and be yourself.

[JMBitcointernational]

you are in the right place here you can ask about btc and other crypto.

perfectly i am at the right place to learn because the guidance here is very superb and educating ,i have seen series of threads that will not only teach you, but will also make you realize that knowledge you seek outside is been discussed here in details and politely . The forum (bitcointalk) has actually taught me  alot this few months that i joined the forum because every aspect of bitcoin is detailed here and that gave me the opportunity to tap from the ocean of knowledge from some knowledgeable crypto experts here  who are crypto pundits.

[sotelorene]

First of all,  it is not recorded anywhere that after reading or studying your candle stick you can't incurred losses.  Trading is a thing of the mind,  sometimes your mind might tell you to trade and maybe at that point in time the market is about to experience bullish and believe me after making profit, you will began to think you are good, you have arrived,  you are an expert,  NO: it is what was about to happen and sometimes reverse maybe the case and you began to feel less of yourself,  discourage etc.  Trading is patient,  you can't be perfect in trading because even the best trader in the world also incurred losses but it is not equivalent to its profits

[Peanutswar]

Welcome to the community and of course the same welcome to the newcomers we highly recommend reading those pinned posts in each thread, Based on your content you have now knowledge in the Bitcoin trading charts and technical analysis, so why not take a look to our Trading Discussion board this contents a lot of information how to make a trade, tips, lessons about different strategies and of course the experience of other traders with their wins and lose trades.

[Woodie]

Greetings to everyone,please i am new in this forum and I was directed by my friend to join the forum to get information and answers that I need to know about Bitcoin.
The challenge started when a friend introduced  cryptocurrency to me and I picked interest about it ,I  started making some researches on how to trade and invest in Bitcoin ,I downloaded candle stick bible as directed by my friend so I can have a good knowledge on how to understand the reasons for the formation of each of those candles  And the reasons for their existence,
I went through those stress to also learn how to analyze and also to know bullish and bearish moves ,to know when the market is trending and choppy but after all these processes and following those strategies I will still loose my capital .

Honestly what you experiencing is very normal and as a trader have got to a phase where I thought my strategy wasn't good enough and almost gave up altogether, but like they say practice makes perfect and this could be the case here... Keeping looking at more charts and sooner or later you will crack the code and increase your winning chances!!

Btw, just so you know when it comes to trading, you won't always win and the sooner you understand this the better your trading journey will be .

However, my question here is ' what is the best strategy to trade without losing my initial capital ?.
 Please friends I need advice and answers to this question because I know we have crypto experts here in the forum who will assist me and also educate me on what I need to know about Bitcoin trading .Thanks .

Like I said earlier, losing is part of trading it's just a matter of getting your trading psychology right and practice good risk management to protect your capital.

[Ludmilla_rose1995]

As a newbie, why should you choose trading to start with your Bitcoin journey when you should know that as a newbie, you have to limit your risk level and for that to be achieved, you have to look away from risk investments and also stay clear from trading, and gambling with the price of Bitcoin.
The best possible position to stand for is to buy Bitcoin and hold it in a personal wallet because that is the only way to increase your chances of profits but only in the long term goal and perspective,  and while you are at that, you should keep building and gaining knowledge about the entire community.

It cannot be denied, there are many beginners out there who want to make money by trading Bitcoin even though their knowledge is still very minimal about Bitcoin and trading, so that in the end they lose and leave Bitcoin trading activities.
Bitcoin trading is not something that can be learned in one night, one month or one year, it takes a long time to be able to master Bitcoin trading well, so consistency is a very important thing in Bitcoin trading, if you still use the hit and run method, then you will fail.

[tvplus006]

...The best possible position to stand for is to buy Bitcoin and hold it in a personal wallet because that is the only way to increase your chances of profits but only in the long term goal and perspective,  and while you are at that, you should keep building and gaining knowledge about the entire community.

The main reason why beginners try to trade is that they have a very small deposit. And even if the price of Bitcoin increases several times, it will still turn out to be a very small amount that cannot improve its financial situation in any way. Therefore, they try to increase their deposit by trading, violating all the rules of risk management, which eventually leads to its complete loss.