How do you feel when you lose money on crypto by day trading ?

[ArtoriasTAW 64]

We all feel bad after the loss of an investment but I think this should not be a reason to lose motivation and stop trying, the loss is a constant risk when investing, so I recommend never putting all our money in a single investment.

[gabbiano 38]

I feel stupid, simply because if I lose it is either because I have badly analyzed the market,

or I am caught up in emotions (and this is the thing that happens to me most often).

and even worse, is when you decide that you have to take back the money you lost,

and to do so you lose more.

[Lrubrum 46]

It is very normal to lose some money in cryptocurrency exchanges but as you say it would be good not to lose so much money in each exchange either by selling or buying but you have to understand something important that we work with cryptocurrency wallets for which we must pay, no We pay directly to create an account in any wallet but if we give a certain percentage to the wallets so that we can continue making deals and they can pay for the maintenance and security of the page as well as their administrators, if we do not do this, it is most likely that we would not have any security to keep our money safe and we would run the risk of having the money collected Stolen. 

[Alimhana930 1605]

Simply nothing, the loss is borne and the results are calculated when we stick to the stop loss Thus losing a fraction of the capital is possible and always happens.

[noshot 154]

On 1/24/2020 at 12:21 AM, Maxtron73 said:

Day trading can get you enormous gains , but can also pipe away your savings in no time if you do day or very short term trading. Instead if you buy at discount prices and just hold for long term ? Would it not be better to acquire huge gains and risking less ?

I am sure it will feel very bad to everyone to lose money, so why are you asking? But you gave very good advice. I will follow this example you given and I will not pipe away my savings in no time but I will  just hold on for long term.

[Zeshan Khalid 2577]

Trading is associated with loss and profit. Because crypto currency keeps on fluctuating and no one can control it. But even a trading that results in loss helps you to learn

[yonkii 3205]

I think that I agree with your suggestion and I have in mind something similar. I am a scrub in trading and it is very difficult to understand how these people are able to chart just by moving lines left and right and having nothing that proves what they are doing is correct. It seems that this kind of trading is amateur too and I'd prefer an approach with quantitative results and algorithms instead.

[kryptonick 2659]

Feels bad and bad investments also feel bad. Investing in Bitcoin is the best we need to do but sometimes we get carried away when watching others make money and we make some too but it is not enough and we risk more later only to find a wall at some point and lose money.

[Brushless4500KV 4214]

Fortunately, I have not yet lost anything in my day trades because I always choose my enter and exit positions with extreme care. I don't know how it feels to lose money that way but the good thing about day trading is that it starts and ends rather quickly and if you lose today, you may be lucky and recover the day after it. If you don't buy when the prices are high, your chances of losing are very low.

[Jaafar Fahad Hassan 114]

7 hours ago, Zeshan Khalid said:

Trading is associated with loss and profit. Because crypto currency keeps on fluctuating and no one can control it. But even a trading that results in loss helps you to learn

Honestly I have been a victim of loss in cryptocurrency, because I joined the world of cryptocurrency late, but I feel for those that loose , when we are into cryto we should know that we can experience stuffs like loosing and gaining

[Artugul78 91]

Then this create very bad situation when we lose our money...  We fell very bad.....we should never create this situation.. We all time careful  that this situation not arise....  Because it causes our frustration...    

[bogdanoff 3173]

How do you feel when losing money, is this something you like? Day traders don't care about a few days of losses the outcome of their trade is decided after years of trading or at least after some months they know if they are profitable and should continue. If someone is losing for months a lot he needs to change.

[talo122 735]

It sucks, but if you know what you are doing, you will not care about the small losses, at the end it is part of trading to lose no matter how you skills u have but the challenge is to know who to deals with losses and turn them into profits. 

[cryptovlek 2597]

Your point here is to hold as you risk less by losing money from the smaller fluctuations that cryptocurrencies are making, but when you invest you should also do that considering risk. I think that holding is better but as price is rising it can be more risk to buy the top and if you just hold the top you can lose 80-90% if market starts moving in the opposite direction.

[Sykkuno 2887]

Nobody will feel great losing and I also don't think that trading is profitable unless you know what you are doing. Most traders don't know enough to make it profitable and they lose money, or don't make so much profits they would have if they just didn't trade but use the hold method.

[dodmonitor 4435]

There are no days without disadvantages. What to do, this is the life of a trader. I do not despair, knowing that these disadvantages will be taken away in any case. And these are good thoughts, because it really works.

[Goyaa 2414]

If I had a loss, of course I would feel very sad, because the trade was supposed to be a profit but instead it was a loss. It's all part of the job, big profits, big risks. To minimize losses, buy coins when prices are low and sell when prices are high.

[Fixfin 2569]

3 hours ago, Mohammed shifaz said:

I am really worried that I will lose all my money in cryptocurrency trading. That is the reason why did not start trading. unless I have a clear idea about cryptocurrency trading I will not start. It is because there is a lot of risk in it.

We need to risk only money that we can afford to lose. Some people have more than enough and they can risk. Others like us we have to count everything even the last coins we have in our pockets. For us it is better to hold what we earn for a while and withdraw half perhaps or make a better management according to what we need.

[Mosab73 333]

In my opinion, day trading has more risks than profits. A person who wants to invest his coins buys cheaper and waits for the right moment when the market is up and the price movement is rising then sells patience and waiting are two qualities that an investor must possess in order to succeed

[DIOCIS 89]

In my experience very bad since I did not know what I was investing in and that is why I lost my money many times, since I was not informed about the pages I was using

[Viscount 1357]

It actually depends on your preference. Because there are some people that prefers to day trade because they have don't have long patience. Also, there are some people that prefers long term trading because they are more comfortable on reading charts for that kind of trading.

[Mella 3680]

Dear friend, I am know what you want to mean but trader is not always lose, I am profit from this and not see it as you do. You are right that if we are support and believ then we should invest in the crypto but I am only lately see the Bitcoin has so good progress. I am now become a believer and see that maybe with long term for Bitcoin is better from trade.

[Earbuzz 87]

I used to bet big money and lose. Now a little and it turned out that my 
profit is greater

Edited October 31, 2020 by Earbuzz

[decemberends 1881]

For me every loss i made is a another experience to learn from its a mistake that should be not forgotten as that thing would help you progress, change things into your plans and even managing to profit well is a part of it so its okay to lose some if didn't you manage to do it right.

[khan22 3478]

Loss and profit in the market is the part of a business and in the crypto market we can make good money through trading and also we can loss the money in it, so many peoples will change their life in this business and they make huge profit in it.