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

[Zaman222 415]

For anyone who knows the rules of cryptocurrency and understands that cryptocurrency trading needs one to patient and understand that the result may turn out to be a profit or a loss though it will be kind of frustrating to loose ones capital to trading but thats the game in cryptocurrency, one just has to accept the outcome and try again.

[abd1992 960]

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 feel sad and I am really very impulsive and I do not have enough patience to work as a trader. I try to learn continuously, but it is difficult and needs time

[abdullah553 1981]

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 do not think that it is important because the markets are in fact making a profit and a loss. It is imperative that you only have the best confidence in yourself and do the right thing.

[Jidson 252]

As it is known for someone who is not new to cryptocurrency trading that cryptocurrency trading or investment has to faces which is either to loose or to gain so i think someone shouldn't be that depressed or be sad too much if he or she looses his money on a day trading.

[Mfe 109]

This is one of the most depressed thing you can ever experience, if you loose money on crypto trading you feel as if the world has come to an end, because as we all know this crypto has a high value and when you loose small into it, is not small to any other currency. So we all have to be careful while trading on the platforms.

[DC71 169]

You cannot earn profit all time in cryptocurrency trading. Maybe some time you face loss. It's depends on your ability how you can recover. Always try to learn new things and increase your knowledge. Money management is very important in cryptocurrency trading

[Flash009 345]

Of course I feel sad and frustrated but it is really true because it is part of the nature of business, we should not expect that we will always make money from trade. That's the decent thing to do, and it should end there. 

[Sharif4847 277]

@Maxtron73In my opinion, long term trading will bring more profit than day trading and there is no risk in long term trading.  Crypto coins can be held when the price goes down but if the price goes down during day trading, you have to lose.  Long term trading can be done by understanding the prices in the market and the profit will be higher without risk.

[sinseoul 0]

7 minutes ago, Momoe said:

Dear friend, I do not think that you can avoid the risks of working with cryptocurrencies

Agreed, you cannot really avoid risks whenever you're in the world of cryptocurrency. Well it is because cryptocurrency is tied with the word volatile. It means that the price of cryptocurrency could go down and up even in a matter of seconds.

[Oki 675]

Buying bitcoin and holding it for the long term is a good thing when the market is sluggish, because it is too risky to trade. However, when the market is bullish again, in my opinion day trading is also quite good considering we can get daily profit from every trade. Looking at market conditions is also part of the strategy so choosing the right time to trade will affect your profits.

[isther69 522]

Most of the individuals who lose in cryptocurrencies is by making habitual mistakes, in which I include myself, because sometimes we make bad choices when selling, because we rush when we see that the cost is coming down we rush and we sell with losses, it is advisable to be patient because the market tends to recover very slowly after falling, it is just a matter of waiting for good marketing moments to continuously obtain profits.

[Magayinde 207]

Losing money on crypto has been a norms for men and I have started considering it as a part of life and business. We are all leaving life to enjoy the qualities of being wealthy, losing money on crypto comes with lots of discouragement and heartbreaks but we always need to appear stronger and go for it all

[BhenGhix 804]

It will always be emotionally hurtful and displeasing.

It will seems that the long term work or job you've been busy doing in the forum will definitely go in vain which we are never praying for that.

So the second alternative here is to know and understand that profit or lose are all the ingredients or features of cryptocurrencies campaign.

[i_shoaib13 26]

I don't do trading. I suggest you all if you have alot if money only then do trading. Otherwise collect bitcoins and sale them.

Exchange money in your country's currency. In this way you can earn and spend all the money. 

[jcmpalacios 53]

Trading is study, analysis, behavior of assets, nothing is random, it requires moving from knowledge to action.
The short or long term strategy is defined by the value of the assets.

[Mostwanted007 265]

Losing a money in day trading is much difficult for us to accept it, because it is a lose of our funds. But we need to accept it because it is part of our journey when we join in the world of trading. For me, when I experience losing it, and think it was just a challenge for me to study well about trading so that I will recover my lost funds. But if we continue losing money it is better to stop for a while, make some rest for it and reflect ourselves if we continue doing this what will happened soon. Because in trading there’s a possibility to lose our all funds so be careful and wisely.

[Ajhar6 185]

I think, of course I will feel sad and frustrated in myself but if you don’t want to lose something you won’t learn anything.  Trade brings risks, it is impossible for every trade to make a profit forever.  But the best thing to remember is not to get too frustrated, to give up and not to take risks out of frustration.  I’m still downsizing the business, and each trade gives me more experience, but of course the disadvantages of it are the ones I think the most.

[Iram123 279]

We should first follow the rules and regulations, and if we have a knowledge in trading then we can do otherwise no, because knowledge is a key of success, trading means lose and profit.

[Adrian Atiencio 156]

Losing money in investments is totally normal, it always happens and will continue to happen for the rest of time. It is important to keep a positive mental attitude when these things happen and understand that losing is also part of the process. Losing should not have any psychological impact on us when investing.

[hani20980 2706]

It depend on how much you lost if it's a big amount of course you will be very sad and disappointed

but the lost is normal and expected in trading even experts are losing that's why we shouldn't invest

what we can't afford to lose and always trade and invest only in trusted coins

[Whizdon 441]

The best thing to keep in mind is to not get too frustrated, not to give up and not to risk it all out of frustration. I am still lesrning trading, and each trade gives me more experience, but of course its the losses that i will remember the most.

[Tahu38 344]

Loss and profit are natural in the field of trading. Trading means profit and loss.  So if you can trade wisely, you will have a lot of profit.  And if you work without understanding the trade system, then you will have a loss.

[Honny143 13612]

4 hours ago, Mostwanted007 said:

Losing a money in day trading is much difficult for us to accept it, because it is a lose of our funds. But we need to accept it because it is part of our journey when we join in the world of trading

@Mostwanted007  first of all day trading is risky only expert traders can perform this type trading, because in day trading we need to buy are sell coins within one day there is no option to hold coin for long time, so if we loss in day trading that really sad thing, I advice without  proper knowledge don't do day trading.

[Salim2000 114]

Yes, if I think that your opinion is good to avoid losing. But there are many people who earn a lot of money from day trading, but you have to be a professional in this field.

[Choudhary umer 0]

my friend I want to tell you that you should be careful when you go for the investment are when you go for the trading because when you analyse and investigate about the market rates you are able to to do the good trade