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Author Topic: Worst year of trading for me damn  (Read 3725 times)
mdenys
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November 15, 2018, 09:34:14 AM
 #141

You'd better stop trading in this year and wait for a new uptrend cycle,this year is very unstable for crypto , it looks like instutional money are getting ready to enter the market and the manipulators are strongly pushing down all cypto.Next year will definitely be better for trading.
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November 16, 2018, 09:06:06 PM
 #142

For me too, at some point I just decided that there is no way that I am going to keep trading this year, I have lost way too much already so it is better to just halt all kinds of trading and just go back to holding. The year has been very brutal, there is nothing left to do and there is no way that anyone is making any kind of money from trading in a market like this

 
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just_strange32
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November 16, 2018, 09:12:37 PM
 #143

I think, exasperated will make you make hasty decisions can cause unfortunate consequences at this time. In my opinion, calm and you can shift the exchange strategy to the long-term selection and holding. The crypto market fluctuates unexpectedly. Therefore, having the right direction for the market is a smart strategy for investors.
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November 16, 2018, 09:18:18 PM
 #144

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100%   Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018  Cheesy Sad Shocked Cool Cool
Thats why I am not trading  Grin Because it is a paradox, what coin you sell that coin will go up and what coin you hold, that coin is slowly falling down to zero. This happened to me many times Cheesy.


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Question123
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November 16, 2018, 09:18:47 PM
 #145

I suggested to you once you have plan to sell your coins better to mske a resesrch if they have possibility the value will increase more so you cannot lose any profit in the future. Don't sell all coins in one selling just sell only maybe half or 1/4 of your total coins.
Ultimist
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November 16, 2018, 09:25:40 PM
 #146

Any experience is useful. Even negative. You are not the only one who suffered losses this year, so do not worry and work on. Next year should be better.

ndico
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November 16, 2018, 09:39:19 PM
 #147

That's so bad to know, If such a thing happen to me, I will feel really bad, this year has not been a good year for cryptos, So I am holding until next year to see how the cryptos market will perform next year.

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November 16, 2018, 09:43:14 PM
 #148

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100%   Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018  Cheesy Sad Shocked Cool Cool
You fail to manage your emotions and leave the fear of the street. When you hold the potential Altcoin try to believe it does not look at the market every day because this is meaningless and it just makes you more negative. Think about what you did and why you became a failure in trading.

Twinscoin2017
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November 16, 2018, 09:52:38 PM
 #149

I think losing is really always a part of th elite of a trader specially in crypto currency feild which is everything may change anytime anywhere. I believe that before we do crypto trading we must know first our that this feild really needs a big patience and only strong hands has a great capability to earn a lot.
slightmoon
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November 16, 2018, 09:57:32 PM
 #150

Many times it's also happened with me when I was new in the market. Now I never sell my holding at the once. Used to sell in part. But many time it's give big profit some time loss loss. But all over only profit. The only thing is matter we are making profit and it's the fact we love more and more profit and there is no satisfaction for that.  Grin

JNR
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November 16, 2018, 10:03:10 PM
 #151

You'd better stop trading in this year and wait for a new uptrend cycle,this year is very unstable for crypto , it looks like instutional money are getting ready to enter the market and the manipulators are strongly pushing down all cypto.Next year will definitely be better for trading.

I have different view about this,, i think There is a chance to get profit in this red market, if we can analyst the chart correctly my friend,,, but we must have enough knowledge about technical analysis first,, so we will know when the corrections from this down trends will be come,, and thats a good time to buy

Follow my twitter JNR CryptoBox - then DM me i will follow you back
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November 16, 2018, 10:08:30 PM
 #152

At times like this when the market is in bearish trend it's hard to just trade in most altcoins. It's better to just stick to the top coins in the market like BTC and ETH so that you could earn some profit even if the market is not so stable. Though we really can't control such loses but we may prevented it if you know very well of what you have been invested.

andrei56
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November 16, 2018, 10:11:56 PM
 #153

All I want you to do is to tell me whenever you want to sell a coin so that I would go and buy that coin and make profit.. LOL.
Anyways I feel like it happens to me sometimes, price always seems to pump after I sell them, sometimes immediately after I sell them.
If that happens frequently to you then you need to adjust your strategy, I say this because that is something that I see a lot in the forum, people that buy some coins and then they sell them and immediately after that the coins skyrockets, that is a sign that you are not holding your coins for long enough and that you are trading too much and not holding your coins as you should.
grendel25
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November 16, 2018, 10:13:55 PM
 #154

We only lose if we choose to sell at a loss.  If people invest more than they actually have to invest... in other words if you are using food/clothing/housing money on an investment I'm sorry but you are just plain wrong.  Other than that, why sell at a loss?  I really hope people aren't just listening to hype.  

Yes, I think bitcoin will go lower.  Could be $2,000 USD or maybe 3K or $4,000 USD... who knows?  But if/when it goes lower it won't matter why because we have learned that no matter how bad the disruption cryptocurrency isn't going anywhere and the value can't be destroyed even if it means the most catastrophic failure.  

Remain calm and HODL even if stuff was stolen we have learned that we are capable of recovering from anything.

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November 16, 2018, 10:24:01 PM
 #155

If you have been making losses,  then it is high time you change your strategy and hold the coins for longer periods than you did. You can also have a specific amount at which you will like to sell your coins.

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November 16, 2018, 10:24:36 PM
 #156

We only lose if we choose to sell at a loss.  If people invest more than they actually have to invest... in other words if you are using food/clothing/housing money on an investment I'm sorry but you are just plain wrong.  Other than that, why sell at a loss?  I really hope people aren't just listening to hype.  

Yes, I think bitcoin will go lower.  Could be $2,000 USD or maybe 3K or $4,000 USD... who knows?  But if/when it goes lower it won't matter why because we have learned that no matter how bad the disruption cryptocurrency isn't going anywhere and the value can't be destroyed even if it means the most catastrophic failure.  

Remain calm and HODL even if stuff was stolen we have learned that we are capable of recovering from anything.
Don't just give up because of the hype in market in where it worst in terms of trade, I think there are specific reason for that so just continue to try again and probably by the perfect time it can recover all your losses.

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November 16, 2018, 10:39:15 PM
 #157

Everyone in crypto world struggling today and as everyone saying, 2018 is not a good year for crypto. I for myself having hard time trading, it's challenging coz just when you thought it's already the lowest, come another day or week another low will hit and you will end up losing and the lowest low of the lowest low will hit again that it's just crazy. My suggestion is if you think, the current situation is too much for you then keep yourself busy with other things and take a break in crypto trading and get yourself a boost and plan a new strategy, it works for me and I hope to you too.

Reality is the only thing that is real.
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November 16, 2018, 10:45:00 PM
 #158

So after the bearish market came
I've been holding more alts than BTC/ETH

Coins like COSS, NANO, CND and etc
I been making loss and missing out most of the pump because i sell these coins and convert it to ICON (ICX) which i waited it to be move
So basically after everytime i sold my specific alts, few days later it went 100%   Shocked

NANO, bought at 0.011 ETH i sold at 0.005 ETH, 7 days later, it went up to 0.013 ETH. Hold for almost 6 months and sold, it went up after 7 days.
Same to NANO, COSS

Everytime i sold, within days to 1/2 week
It pumped like crazy

Just like COSS
Sold off 100k at 28 ETH last week
Today 100k COSS priced at 53 ETH

Holy i been making huge losses in 2018  Cheesy Sad Shocked Cool Cool
Lack of patience and sometimes, proper analysis is the market can sometimes be very detrimental. Every decision we make as regards our portfolio in the crypto space, should be made justifiably. That is, we should have basis for our decisions, else we might make lots of mistakes if care is not taken.
There are some coins that even if the rise, we can still check to see if they have to tendency to rise.
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November 16, 2018, 10:46:13 PM
 #159

This kind of things are happening to all of us, maybe you had an unlucky series but it will be  the other way next period for sure.
There is no such thing as winning without losing. You may lose some battles, it is important to win the war.
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November 17, 2018, 07:13:56 AM
 #160

Investment cryptocurrency losses are very normal and trading knowledge is very important. This year is indeed a bad year. The entire cryptocurrency continues to fall, causing countless investors to leave the cryptocurrency market, but I believe that as long as we wait patiently for the cryptocurrency market, we will definitely take off again and are not suitable for trading now.

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