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Calvinpriva

I would choose to learn instead of giving up!

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Trading is a skill which requires patience and hardwork. So there may be a great chance to fail. So dont give up in trading. Failure should be taken as an oppurtunity to learn. Learn from the mistakes and never repeat it again.

Edited by Jennifer Mathew

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Yes there are always that kind of moments in the life of a person where some people think that they should give up. That moments are game changers always if you have resisted and carry on hard work you will be successful in your future. 

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Dear you are right. We may fail in some aspects of life but we should not give up. Earning money in this age is really difficult.  But now that you have found this amazing platform you don't have to give up! You can both earn and learn on this forum. And its always better to learn something than just giving up. 

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On 8/13/2020 at 5:59 PM, Calvinpriva said:

First trade = Fail

Second trade = Fail

Third trade = Fail again!

 

What would be your next step in that failing situation? When i started trading i only earned profit two times out of my 7 trades! I earned a good prosweefit in 2 days but later in 5 days i lost 10x of the profit that i earned! I don't think if there is any trader who earns profit only and he/she never loses some amount, so it's a normal situation to a trader life but there is a solution to avoid this regularly losing.

 

This was my problem.

I learned about trading by watching tutorials on youtube and reading articles in different blogs, it's really a good way to learn (I hope you know) i learned that trading is profitable and i will earn money (a lot of money) if i will start trading, but i never learned how to trade! I don't know if you understood me, i learned that trading is profitable but i didn't learn the basics of trading!

 

I started trading when i know only one thing, i should buy when the price is low and sell while the price is high so that i can earn a profit! I lost my 5 trades easily by learning only that and watching some tutorials then i thought am ready to trade. After losing regularly i doubted one thing, why i keep losing while am following the (buy low and sell high) formula? 

 

My solution.

So from there, i decided to LEARN again and see why i keep losing while i trade in the right way. And finally, i discovered the reason for me to fail regularly after i LEARN again, make research, and got support from my friends who trade too. The problem was, i learned that i can earn money by buying a coin when it's price is low and sell it later when it grows... But i never learned at which point i can say "Yes, now LTC is low so i should buy... Now BTC is low so i should buy!!!" So i was just buying even if today LTC is $75 then tomorrow dropped to $68 i would just buy because i saw a price drop of $7 !!! But i did wrong because LTC can fall up to $40, right? 

 

Believe me, this problem faces many beginner traders. They just know that formula (buy low, sell high) but they don't know at which point they should buy or sell. So instead of giving up, choose to LEARN! Make research of any coin that you need to trade it, and ask for support from other traders! Don't worry, if you don't know any trader we will support you (we are many traders in this forum) so just ask anything and we will support you. Don't agree to lose your money easily again, losing is there but not regularly

 

Example:

It's just like learning to build a house, you start learning to build a foundation and not learn to build a wall first. And that's how works in crypto, learn coins first (in deeply), know their habits, and then start to trade them.

_________________!

Sweet friend ,how are you I think failing is  the key of success. Do not be disappointe in difficult  situation. When we fail we learn something and next time we should not repeat that reasons. It is good,you watched blogs and tutorials but ground realities  are important. SO best of luck,be successful.Have a nice day.

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We all have been there my friend. I have experienced similar thing myself, and it is very frustrating especially when you area beginner and you are very enthusiastic and you think that things are easy and the profit is waiting for you to gain it, but unfortunately it is not the case, and you will go through many bad experiences and obstacles before you start earning. 

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I always prefer to learn something than to give up.  Because if we can learn, we can do a lot in the future. But if we give up and give up everything, then we have fallen behind. Which is very harmful for us.So education must be given priority all the time.

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Learning is a power. If you are fail in first time, so you try again in second time and then third time. However when you not success in your field just you try again. Which is patience, you try 100 times but cannot give up.

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It is true, my friend, I agree with you. We have to read the currency index well and study it before starting to buy and sell, because trading and investing need a business plan and strategy and do not depend on luck.

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Thanks for sharing it's a great inspiration. Failure is a key of success if u never give up. All we need is to pay more attention either you win or you learn something new that will provide u incredible success. 

Never Give Up.. 

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Hello my friend, In the beginning we must be confident in ourselves, and be patient, this forum is wonderful, we do not know what it means to give up, resist and be patient to gain knowledge and money, I wish you success.

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Yes absolutely if you fail  one time then it's not mean you lose your aim but you should accept your mistake and improve it and next time you make more efforts and achieve your dreams because every failure teach you a lesson that you never forget in your life so do not forgive but learn from your mistakes.

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 I expect to learn more useful things because I know that my knowledge is not enough for me to earn more profit With crypto currency. I hope, I have made a lot of income online from myself.

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Очень полезный совет, скорее всего он поможет многим. Действительно это ошибка всех начинающих инвесторов. Все пытаются просто смотреть на график вчера и сегодня и если видят снижение цены, то сразу скупают эту монету, не понимая того,что она может упасть куда ниже

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Dear friend you do 100 percent right because if you give up its mean you loss to do that if you do time to that work you will do mistake and mistakes until unless you will win and that will be the proud moment for you and if you give time to any thing you will get some knowledge and some experience that will help you in future!!! 

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Of course, we have to learn well before starting because it is necessary to have good experience about currencies and price analysis in order to buy and sell in a timely manner.

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Learning is the only option when trying to know and get the best you needed.

Learning is the utmost value that will serve as prerequisite of guiding you.

It is very better to continue learning even without getting payment than thinking of giving up.

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You can't go any day without thinking about your peers, not making a mistake is a failure but an opportunity to create a better future ahead because just by making a mistake you will be able to know and correct your laps so don't just give up so easily just because you failed.  Thank you, for me I can always lose because of buying a coin from the top, then dropping the coin and selling it at the bottom, but I will try to correct the matter. Thanks guys.

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I sincerely appreciate your comment. It is never possible to achieve success by giving up while doing any work. Of course, in order to be successful, you have to constantly come up with new ideas and put them into practice.
 

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On 8/13/2020 at 7:26 AM, Calvinpriva said:

@BTC Future Really??! If you can buy dips and earn profit then you are a good trader! Apart from all my trading that i do, am good in trading peer to peer and arbitrage. I earn good profit with those two types of trading than any other!

But in peer to peer you need the buyer and the seller as well but that is not easy because there are many issues with the investments of the people and you can not find the sellers each day and you can not find buyers each day as well.

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Thanks brother for Sharing your experience with us I hope it will help many people who wants to do trading . You should never give up failure is the first step towards success and in trading there are many risks but you should never be dishearted. 

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our post is critical to individuals who need to exchange cryptographic forms of money, and I think the main principle fo an effective broker is information and learning the nuts and bolts of exchanging. Learning is the way to progress and you ought not surrender, yet attempt to gain from your mix-ups.

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Hard work is the key to success.  You should work hard to earn money and never give up.  And sometimes don’t worry about your failures.Investments are first and foremost patience, hard work and most importantly experience, you must have enough knowledge and experience before making any trading or investment.

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This is a good quality my friend. I am a new member here. In my opinion, in every sphere of life, we would choose to learn instead of giving up. In all situation,we all have to work hard for our own success. Practice make a man perfect,so we should not give up on any situation.

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Thanks for providing us such a great information. This content is really inspiring. I think failure leads us who to give better result. And this is the best way of learning. No one can get success without failure. And trading is rather tough. It's not easy to get trading. 

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Well said.failure can be the treatment for success. It reminds us about our situation and gives us a message to develop. We should take lesson from failure.

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