Voted Coins
follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: Do professional traders lose money?  (Read 37263 times)

Offline albon

  • Legendary
  • *
  • *
  • Activity: 2000
  • points:
    164004
  • Karma: 46
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 08:29:38 PM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Poll Votes One year Anniversary Karma Bad
Re: Do professional traders lose money?
« Reply #360 on: July 07, 2024, 06:58:05 PM »
Any business has to start with profit and loss so when you start first time trading there will be losses. But gradually as you become experienced your losses will decrease. Coming to your question, it is normal to lose while trading even if you are experienced. However if you are a professional trader, the amount of loss is less. Because they keep different strategies or crypto markets in their hands so their losses are less. So first time trading should always be tried with small amount because there is a lot to understand.

Altcoins Talks - Cryptocurrency Forum

Re: Do professional traders lose money?
« Reply #360 on: July 07, 2024, 06:58:05 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Offline alltalk

  • >><<
  • Moderator
  • Mythical
  • *
  • *
  • *
  • *
  • *
  • *
  • Activity: 5000
  • points:
    311558
  • Karma: 793
  • Mixero: Privacy by XMR (Monero) bridge
  • Trade Count: (0)
  • Referrals: 9
  • Last Active: Today at 10:59:38 PM
    • View Profile

  • Total Badges: 28
    Badges: (View All)
    5000 Posts Sixth year Anniversary Fifth year Anniversary
Re: Do professional traders lose money?
« Reply #361 on: July 11, 2024, 11:59:09 PM »
Any business has to start with profit and loss so when you start first time trading there will be losses. But gradually as you become experienced your losses will decrease. Coming to your question, it is normal to lose while trading even if you are experienced. However if you are a professional trader, the amount of loss is less. Because they keep different strategies or crypto markets in their hands so their losses are less. So first time trading should always be tried with small amount because there is a lot to understand.
Indeed. Profits and losses are something unavoidable. Everyone experiences it, they will never always get profits. There should be the time for losses, sometimes the market condition is hard to predict. There is a time that we must sell the coins for losses. It is because we may only waste time by holding them. In some cases of shit coins, I prefer to sell the shit coins as quick as possible, because the price may keep decreasing after it hits an ATH.

« Last Edit: July 12, 2024, 12:01:43 AM by alltalk »
░░░░░░░░░░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░░░░░░░░░░░░░░░█████████████
░░░░░░█████████░░█████████████
░░░░░░█████████
░░░░░░█████████
░░░░░░█████████░░░░█████████
░░░░░░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
██████████████████████████████
█████████▀▀███▀▀░░▀▀▀█████████
███████▀░░█▀░░░░▄▄▄▄▄▄▄███████
██████░░░██░░▄█▀▀░░░░░▀▀██████
█████░░░░█░░███████▄▄▄░░░▀████
███░██░░░█▄████████▄░▀█▄░░░███
███░░██░░░███████████░░▀█▄░███
████░░▀██▄▄████████░██░░░█▄███
█████░░░░░▀▀▀▀▀▀██░░██░░░█████
███████▄▄▄▄▄▄▄█▀░░░▄█░░░██████
████████▀▀▀▀░░░░░░██░░▄███████
██████████▄▄▄▄▄████▄██████████
██████████████████████████████
██████████████████████████████████████████████████████████████████████████████████
.
MIXERO.IO
.
██████████████████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
..
..
..
..
..
..
..
..
██████████████████████████████
███████▀▀██░▀█████████████████
████████░░█░█▀▀░██████████████
████████░░▀░░░▄███████████████
██████▀░░░░░░░░░▀██████░▀█████
████▀░░░░░░░░░░░░░██▀▀█▄░░████
████░░░░░░░░░░░▄████▄░▀██░░███
████░░░░░░░░░▄██▀░▄██░░██░░███
█████░░░░░░▄██▀████▀░░██░░████
███████▄▄▄████▄░░░░▄██▀░░█████
███████████░░▀▀▀██▀▀▀░░▄██████
██████████████▄▄▄▄▄▄██████████
██████████████████████████████
..
..
..
..
████
██
██
██
██
██
██
██
██
██
██
██
████
██████████████████████████████████████████████████████████████████████
.
MIX.NOW
.
██████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
█████████████
█████████████
░░░░░░░░░██████
█████████████░░░░██░░░██████
█████████████░░░░░░░░░██████
█████████████
█████████████░░█████████
░░░░░░░░░░░░░░░█████████
░░░░░░░░░░░░░░░█████████
░░█████████░░░░█████████
░░█████████
░░█████████░░░██░░░░░░░░░░████
░░█████████░░░░░░░░░░░░░░░████

Altcoins Talks - Cryptocurrency Forum

Re: Do professional traders lose money?
« Reply #361 on: July 11, 2024, 11:59:09 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Online pawel7777

  • Legendary
  • *
  • *
  • Activity: 2579
  • points:
    159802
  • Karma: 93
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 11:16:34 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    2500 Posts 10 Poll Votes One year Anniversary
Re: Do professional traders lose money?
« Reply #362 on: July 12, 2024, 12:09:03 AM »
Do professional And experienced traders lose money share your opinion on this

Do you mean if every of their trade is profitable? Of course not, that's impossible. Anyone who trades regularly will incur a loss from time to time. Just like in poker - it's not about winning every hand but about leaving the table with more money than you came with.

But if a trader loses in the long run, then you can't really call him a "professional", as that would entail making a living out of it.

Offline SamReomo

  • Legendary
  • *
  • *
  • Activity: 2051
  • points:
    146785
  • Karma: 144
  • Bitlist.co - A great place to find legit services
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 01:58:28 AM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    One year Anniversary 10 Poll Votes 1000 Posts
Re: Do professional traders lose money?
« Reply #363 on: July 12, 2024, 12:20:32 AM »
But if a trader loses in the long run, then you can't really call him a "professional", as that would entail making a living out of it.
Yes, a professional trader often makes profit in long-term and those who lose long term are hustlers not pro level traders.

Even top traders lose some of their trades because it's market that decides whether someone is going to make profit in a trade or loss in it.

Pro level traders often minimize their losses by either setting stop losses or hedging, but sometimes they also have to lose some of their trades.
███████████▄
████████▄▄██
█████████▀█
███████████▄███████▄
█████▄█▄██████████████
████▄█▀▄░█████▄████████
████▄███░████████████▀
████░█████░█████▀▄▄▄▄▄
█████░█
██░█████████▀▀
░▄█▀
███░░▀▀▀██████
▀███████▄█▀▀▀██████▀
░░████▄▀░▀▀▀▀████▀

██
██
██
██
██
██
██
██
██
██
██


██
██
██
██
██
██
██
██
██
██
██

█████████████████████████████
████████████▀░░░▀▀▀▀█████
█████████▀▀▀█▄░░░░░░░████
████▀▀░░░░░░░█▄░▄░░░▐████
████▌░░░░▄░░░▐████░░▐███
█████░░░▄██▄░░██▀░░░█████
█████▌░░▀██▀░░▐▌░░░▐█████
██████░░░░▀░░░░█░░░▐█████
██████▌░░░░░░░░▐█▄▄██████
███████▄░░▄▄▄████████████
█████████████████████████████

████████████

CASINO

██████
██
██
██
██
██
██
██
██
██
██████

█████████████████████████████
████████▀▀░░░░░▀▀████████
██████░░▄██▄░▄██▄░░██████
█████░░████▀░▀████░░█████
████░░░░▀▀░░░░░▀▀░░░░████
████░░▄██░░░░░░░██▄░░████
████░░████░░░░░████░░████
█████░░▀▀░▄███▄░▀▀░░████
██████░░░░▀███▀░░░░██████
████████▄▄░░░░░▄▄████████
█████████████████████████████

████████████

SPORTS

██████
██
██
██
██
██
██
██
██
██
██████
.
SOL   USDT   BTC   TONJOIN NOW
      BTC   TON   SOL   USDT

Offline KingsDen

  • Legendary
  • *
  • *
  • Activity: 2211
  • points:
    151370
  • Karma: 278
  • Automatic cryptocurrency mixer
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 09:33:04 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Third year Anniversary Poll Starter Karma Bad
Re: Do professional traders lose money?
« Reply #364 on: July 13, 2024, 01:01:45 AM »
Any business has to start with profit and loss so when you start first time trading there will be losses. But gradually as you become experienced your losses will decrease. Coming to your question, it is normal to lose while trading even if you are experienced. However if you are a professional trader, the amount of loss is less. Because they keep different strategies or crypto markets in their hands so their losses are less. So first time trading should always be tried with small amount because there is a lot to understand.
Even in real-time business, no entrepreneur stays on profit forever. There are periods of profit and their periods of losses. What makes the difference is that your profit should exceed your losses. No matter how professional or experienced you are, at one point or the other you will lose. But what should console you is that you will be on profit on the long run. If you are losing and not being on profit on the long run, don't consider yourself as a professional trader.
The industry is full of risk. Dealing with volatility itself is a risk.
▄▄█████████░██████▄▄
████████████░███████
████████████░░███████
████████░░░░░░███████
██████████░░▄░████
█████████░░░█░██████
█████████░░░░░███████
████████░░░██░█████
██████░░░░░▀▀░███████
████████░░▄░░░████
███████████▄▄░████████
████████████░█████████
▀▀██████████░███████▀▀
CoinTor
████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████

                              ██████████████████████████████████     ██     ████████████████████████
Automatic Cryptocurrency Mixer
██████████████████████████████████     ██████████████████████     ████     

████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██
██
██
██
██
██████

M I X   N O W
██████
██
██
██
██
██
██
██
██
██
██
██
██████

Offline Jamal Aezaz

  • Legendary
  • *
  • *
  • Activity: 1993
  • points:
    146305
  • Karma: 110
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 05, 2025, 02:47:53 PM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    Quick Poster Third year Anniversary Second year Anniversary
Re: Do professional traders lose money?
« Reply #365 on: July 16, 2024, 08:38:58 PM »
Indeed. Profits and losses are something unavoidable. Everyone experiences it, they will never always get profits. There should be the time for losses, sometimes the market condition is hard to predict. There is a time that we must sell the coins for losses. It is because we may only waste time by holding them. In some cases of shit coins, I prefer to sell the shit coins as quick as possible, because the price may keep decreasing after it hits an ATH.

If you are winning then you will also lose at some stages because it is not possible to be profitable all the time as in life we have to cope up with both types of situations whether it is in our favor or against us. Professional traders are also humans so sometimes they can also make mistakes but the reason for their mistakes is not the lack of knowledge but it is about the regular alterations in the market.

 We will not waste the time by holding if we have to hold top coins where we have surety that their past was brighter so their future will also be brighter like Bitcoin has proved that it is not wasting the time of investors if they understand it well and hold with the right mind. Shit coins should not be bought because nobody will want to lose their money so investigation is very much necessary to get the reward from held coins.
░░░░░░░░░░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░░░░░░░░░░░░░░░█████████████
░░░░░░█████████░░█████████████
░░░░░░█████████
░░░░░░█████████
░░░░░░█████████░░░░█████████
░░░░░░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
██████████████████████████████
█████████▀▀███▀▀░░▀▀▀█████████
███████▀░░█▀░░░░▄▄▄▄▄▄▄███████
██████░░░██░░▄█▀▀░░░░░▀▀██████
█████░░░░█░░███████▄▄▄░░░▀████
███░██░░░█▄████████▄░▀█▄░░░███
███░░██░░░███████████░░▀█▄░███
████░░▀██▄▄████████░██░░░█▄███
█████░░░░░▀▀▀▀▀▀██░░██░░░█████
███████▄▄▄▄▄▄▄█▀░░░▄█░░░██████
████████▀▀▀▀░░░░░░██░░▄███████
██████████▄▄▄▄▄████▄██████████
██████████████████████████████
██████████████████████████████████████████████████████████████████████████████████
.
MIXERO.IO
.
██████████████████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
..
..
..
..
..
..
..
..
██████████████████████████████
███████▀▀██░▀█████████████████
████████░░█░█▀▀░██████████████
████████░░▀░░░▄███████████████
██████▀░░░░░░░░░▀██████░▀█████
████▀░░░░░░░░░░░░░██▀▀█▄░░████
████░░░░░░░░░░░▄████▄░▀██░░███
████░░░░░░░░░▄██▀░▄██░░██░░███
█████░░░░░░▄██▀████▀░░██░░████
███████▄▄▄████▄░░░░▄██▀░░█████
███████████░░▀▀▀██▀▀▀░░▄██████
██████████████▄▄▄▄▄▄██████████
██████████████████████████████
..
..
..
..
████
██
██
██
██
██
██
██
██
██
██
██
████
██████████████████████████████████████████████████████████████████████
.
MIX.NOW
.
██████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
█████████████
█████████████
░░░░░░░░░██████
█████████████░░░░██░░░██████
█████████████░░░░░░░░░██████
█████████████
█████████████░░█████████
░░░░░░░░░░░░░░░█████████
░░░░░░░░░░░░░░░█████████
░░█████████░░░░█████████
░░█████████
░░█████████░░░██░░░░░░░░░░████
░░█████████░░░░░░░░░░░░░░░████

Offline dekafee79

  • Legendary
  • *
  • *
  • Activity: 3718
  • points:
    351715
  • Karma: 241
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 28, 2025, 11:31:36 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Sixth year Anniversary 2500 Posts Fifth year Anniversary
Re: Do professional traders lose money?
« Reply #366 on: July 17, 2024, 11:22:36 AM »
Indeed. Profits and losses are something unavoidable. Everyone experiences it, they will never always get profits. There should be the time for losses, sometimes the market condition is hard to predict. There is a time that we must sell the coins for losses. It is because we may only waste time by holding them. In some cases of shit coins, I prefer to sell the shit coins as quick as possible, because the price may keep decreasing after it hits an ATH.

If you are winning then you will also lose at some stages because it is not possible to be profitable all the time as in life we have to cope up with both types of situations whether it is in our favor or against us. Professional traders are also humans so sometimes they can also make mistakes but the reason for their mistakes is not the lack of knowledge but it is about the regular alterations in the market.

 We will not waste the time by holding if we have to hold top coins where we have surety that their past was brighter so their future will also be brighter like Bitcoin has proved that it is not wasting the time of investors if they understand it well and hold with the right mind. Shit coins should not be bought because nobody will want to lose their money so investigation is very much necessary to get the reward from held coins.
Every trader has also suffered defeat even though he is a professional trader, because no one can always win and without ever losing at all. As you said, we are humans, surely sometimes also make mistakes. Hold Bitcoin is a Teapt choice for the long term, because it is the right choice made by those who have bought and hold it Bitcoin ten years ago and hold it to this day.

Altcoins Talks - Cryptocurrency Forum

Re: Do professional traders lose money?
« Reply #366 on: July 17, 2024, 11:22:36 AM »


Online UNIVERSE

  • Legendary
  • *
  • Activity: 3111
  • points:
    310560
  • Karma: 211
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: Today at 11:42:39 PM
    • View Profile

  • Total Badges: 25
    Badges: (View All)
    2500 Posts Sixth year Anniversary Fifth year Anniversary
Re: Do professional traders lose money?
« Reply #367 on: July 17, 2024, 03:04:19 PM »
Every trader has also suffered defeat even though he is a professional trader, because no one can always win and without ever losing at all. As you said, we are humans, surely sometimes also make mistakes. Hold Bitcoin is a Teapt choice for the long term, because it is the right choice made by those who have bought and hold it Bitcoin ten years ago and hold it to this day.
It is absolutely true. No one can always win, no one can avoid losses. Every trader must have an experience of losses, it is a part of the success story. It is impossible if a trader never got losses, no trader is perfect. As human, it is true that we must make a mistake in our life, including in trading. Crypto market is unpredictable, there will be always time to be very difficult to take profits. But a smart trader must know how to minimize the losses. That's why it is important to set a stop-loss, it is the way to minimize the huge losses.



Online Dr.Bitcoin_Strange

  • Legendary
  • *
  • *
  • Activity: 2773
  • points:
    520757
  • Karma: 186
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: Today at 09:44:46 PM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    2500 Posts One year Anniversary Quick Poster
Re: Do professional traders lose money?
« Reply #368 on: July 31, 2024, 01:23:56 PM »
Do professional And experienced traders lose money share your opinion on this

Yes of course professional traders loses money, is a business of lose and gain, in trading you can't be gaining always there's also sometimes you will lose, and this is what some people don't understand or know about trading, some people believe as soon as you become a professional in trading you won't lose money anymore.
As a professional trader you will lose money put not as before when you were still learning I have a friend that was into trading when he started he was losing so much money but now his not losing that much again his gaining so much and now losing a little.
In all business you must lose sometimes and that is not a bad thing what is bad is when you lose more than you gain, in trading when you start newly you will lose a lot of money but when you keep doing it as time goes on you will become an expert and you will start gaining more.

No trader can avoid losing is something that comes with trading, and this should be told to people coming into trading, there was a class I went for trading the man was saying if you master trading you can never lose in the rest of your life, which is not true he should have just said your gain will become more higher than your losses.

Offline Vx1

  • Legendary
  • *
  • Activity: 3625
  • points:
    270976
  • Karma: 346
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 07:05:40 PM
    • View Profile

  • Total Badges: 26
    Badges: (View All)
    2500 Posts Sixth year Anniversary Fifth year Anniversary
Re: Do professional traders lose money?
« Reply #369 on: July 31, 2024, 02:10:05 PM »
Every trader has also suffered defeat even though he is a professional trader, because no one can always win and without ever losing at all. As you said, we are humans, surely sometimes also make mistakes. Hold Bitcoin is a Teapt choice for the long term, because it is the right choice made by those who have bought and hold it Bitcoin ten years ago and hold it to this day.
It is absolutely true. No one can always win, no one can avoid losses. Every trader must have an experience of losses, it is a part of the success story. It is impossible if a trader never got losses, no trader is perfect. As human, it is true that we must make a mistake in our life, including in trading. Crypto market is unpredictable, there will be always time to be very difficult to take profits. But a smart trader must know how to minimize the losses. That's why it is important to set a stop-loss, it is the way to minimize the huge losses.
A trader who can minimize losses is certainly a professional trader, because they can read the situation and predict prices even though they are not one hundred percent correct. While amateur traders are usually too hasty in making choices or decisions.
Therefore, when we are going to focus on trading, we must learn seriously about something related to what we do. There is no successful trader, without going through struggles and learning seriously.

Offline albon

  • Legendary
  • *
  • *
  • Activity: 2000
  • points:
    164004
  • Karma: 46
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 08:29:38 PM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Poll Votes One year Anniversary Karma Bad
Re: Do professional traders lose money?
« Reply #370 on: July 31, 2024, 09:25:52 PM »
Any business has to start with profit and loss so when you start first time trading there will be losses. But gradually as you become experienced your losses will decrease. Coming to your question, it is normal to lose while trading even if you are experienced. However if you are a professional trader, the amount of loss is less. Because they keep different strategies or crypto markets in their hands so their losses are less. So first time trading should always be tried with small amount because there is a lot to understand.
Indeed. Profits and losses are something unavoidable. Everyone experiences it, they will never always get profits. There should be the time for losses, sometimes the market condition is hard to predict. There is a time that we must sell the coins for losses. It is because we may only waste time by holding them. In some cases of shit coins, I prefer to sell the shit coins as quick as possible, because the price may keep decreasing after it hits an ATH.
I don't like shitcoin for investment because of high risk to deal with. Most shitcoins dump after a small pump. Once these shitcoins are dumped, it may take a long time to recover. Moreover you have to sit with your hands folded for a long time just to sell. Future of crypto market is predictable but absolutely 100% prediction is not possible. Actually holding shitcoin is a waste of time and more likely to lose your mone.

Offline ajiz138

  • Legendary
  • *
  • *
  • Activity: 2560
  • points:
    363877
  • Karma: 31
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 06:57:44 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    2500 Posts One year Anniversary 1000 Posts
Re: Do professional traders lose money?
« Reply #371 on: August 01, 2024, 09:50:07 AM »
I don't like shitcoin for investment because of high risk to deal with. Most shitcoins dump after a small pump. Once these shitcoins are dumped, it may take a long time to recover. Moreover you have to sit with your hands folded for a long time just to sell. Future of crypto market is predictable but absolutely 100% prediction is not possible. Actually holding shitcoin is a waste of time and more likely to lose your mone.
Or maybe it won't recover at all. Lol

yeah I agree with you, if we focus on shitcoin then it's just a waste of time. There are many things we can do and it's more profitable than just focusing on shitcoin.

Don't be tempted by what other people get from holding shitcoin, because maybe they were just very lucky at that time, while we all know what other people get, we won't necessarily get it too.

Online Roseline492

  • Hero Member
  • *
  • *
  • *
  • Activity: 847
  • points:
    68308
  • Karma: 5
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: Today at 10:58:18 PM
    • View Profile

  • Total Badges: 14
    Badges: (View All)
    500 Posts One year Anniversary Topic Starter
Re: Do professional traders lose money?
« Reply #372 on: August 01, 2024, 10:23:31 AM »
I don't like shitcoin for investment because of high risk to deal with. Most shitcoins dump after a small pump. Once these shitcoins are dumped, it may take a long time to recover. Moreover you have to sit with your hands folded for a long time just to sell. Future of crypto market is predictable but absolutely 100% prediction is not possible. Actually holding shitcoin is a waste of time and more likely to lose your mone.

Of course including me I don't like shitcoin for an investment because they are not good for long term investment and secondly any coins that's easily influenced by any media influencers should be very careful investing on that coin because so many people have lose a lot of money because of that and that's one of the reasons I don't like shitcoin because of the manipulation.

However even if I'm to consider any coin aside from Bitcoin I think I would only consider ETH, BNB and some few others only those old coins that I no have a good potential and have been doing well over the years which is the reason why ETH is a good coin to put in consideration because it has been trying for years now.

Offline milewilda

  • Legendary
  • *
  • *
  • Activity: 2267
  • points:
    436449
  • Karma: 43
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 08:31:56 PM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    One year Anniversary 10 Poll Votes Poll Voter
Re: Do professional traders lose money?
« Reply #373 on: August 01, 2024, 01:32:13 PM »
I don't like shitcoin for investment because of high risk to deal with. Most shitcoins dump after a small pump. Once these shitcoins are dumped, it may take a long time to recover. Moreover you have to sit with your hands folded for a long time just to sell. Future of crypto market is predictable but absolutely 100% prediction is not possible. Actually holding shitcoin is a waste of time and more likely to lose your mone.
Or maybe it won't recover at all. Lol

yeah I agree with you, if we focus on shitcoin then it's just a waste of time. There are many things we can do and it's more profitable than just focusing on shitcoin.

Don't be tempted by what other people get from holding shitcoin, because maybe they were just very lucky at that time, while we all know what other people get, we won't necessarily get it too.
Despite of the shit thing on dealing with shit coins but still there are still tons of people or traders/investors who do really still considered on dealing up with these things despite of the risks
since they do really know that it could really be that potentially having that kind of chance that they could earn multiple folds of their capital. This is why it would really be just that depending
whether they would be able to accept the risks or not. As long you arent that having that gambler like approach then it should really be just that fine. There are people who could really be
able to bare up with the risks and there are ones who could not.

Online Aanuoluwatofunmi

  • Legendary
  • *
  • *
  • Activity: 2366
  • points:
    207834
  • Karma: 73
  • Coinomize.biz
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 11:24:40 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    Search Topic Starter One year Anniversary
Re: Do professional traders lose money?
« Reply #374 on: August 01, 2024, 01:55:26 PM »
Anyone can trade and same time lose, but what differentiate every trader from each other is in their ability and skills on trading, some could be able to see and prevented some trades losses coming before it happens, they will earlier know what to do and how to do it, not like those who don't have the perception on what the market may be and trade to later make losses because of their inexperience in it.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod