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Author Topic: Loss or profit while investing in crypto trading,  (Read 11903 times)

Offline debra

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Re: Loss or profit while investing in crypto trading,
« Reply #60 on: September 24, 2024, 11:38:29 PM »
I agree.
We need to learn from the mistakes made and continue our path of becoming better.
Our strategy must change, but our determination should stay intact. Without it, it would be hopeless to continue.
We will never be better if we never learn from our mistakes. Sometimes the mistake to give us new lesson. Just don't view it from the negative side only, we must view it from positive side as well.  :)

Yes, sometimes it is needed to change the strategy if it is unlikely effective. We must have some strategies, so we can adjust it in each market condition. There is no single strategy that can be suitable for any market condition. That's why we must keep learning and learn from mistakes.


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Re: Loss or profit while investing in crypto trading,
« Reply #60 on: September 24, 2024, 11:38:29 PM »

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Offline pieppiep

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Re: Loss or profit while investing in crypto trading,
« Reply #61 on: September 25, 2024, 04:55:26 AM »
I agree.
We need to learn from the mistakes made and continue our path of becoming better.
Our strategy must change, but our determination should stay intact. Without it, it would be hopeless to continue.
We will never be better if we never learn from our mistakes. Sometimes the mistake to give us new lesson. Just don't view it from the negative side only, we must view it from positive side as well.  :)

Yes, sometimes it is needed to change the strategy if it is unlikely effective. We must have some strategies, so we can adjust it in each market condition. There is no single strategy that can be suitable for any market condition. That's why we must keep learning and learn from mistakes.
In fact, there is nothing sinful in accepting the fact that mistakes are not inversely than what we think will make us better in future. Through such thinking processes, we find better and more suitable ways of getting through threats that pervade the market settings. We will be able to adapt not only to the challenges that may appear on the way but also to the further development of possible opportunities mainly if we stay open minded about the change process. So it means that no single blunder can be a failure in the future.

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Re: Loss or profit while investing in crypto trading,
« Reply #61 on: September 25, 2024, 04:55:26 AM »

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Offline rizqillah

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Re: Loss or profit while investing in crypto trading,
« Reply #62 on: September 25, 2024, 07:24:43 AM »
I agree.
We need to learn from the mistakes made and continue our path of becoming better.
Our strategy must change, but our determination should stay intact. Without it, it would be hopeless to continue.
We will never be better if we never learn from our mistakes. Sometimes the mistake to give us new lesson. Just don't view it from the negative side only, we must view it from positive side as well.  :)

Yes, sometimes it is needed to change the strategy if it is unlikely effective. We must have some strategies, so we can adjust it in each market condition. There is no single strategy that can be suitable for any market condition. That's why we must keep learning and learn from mistakes.
The initial strategy and plan are always there but if there is a market change we also have to change the strategy because it adapts to market conditions. In trading I also often change my strategy, all based on our experience in investing. The more experience we have in the crypto world, the easier it is for us to adjust changes in strategy that are more suitable for the market.

Offline enoch_from_off

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Re: Loss or profit while investing in crypto trading,
« Reply #63 on: September 25, 2024, 08:07:36 AM »
I agree.
We need to learn from the mistakes made and continue our path of becoming better.
Our strategy must change, but our determination should stay intact. Without it, it would be hopeless to continue.
We will never be better if we never learn from our mistakes. Sometimes the mistake to give us new lesson. Just don't view it from the negative side only, we must view it from positive side as well.  :)

Yes, sometimes it is needed to change the strategy if it is unlikely effective. We must have some strategies, so we can adjust it in each market condition. There is no single strategy that can be suitable for any market condition. That's why we must keep learning and learn from mistakes.

I agree.
Also, the market is always changing, so it's no wonder that some strategies stop working, and we should adjust them and adapt accordingly.
The market is the place that encourages people with enough expertise and effort to put into it.

Offline Faisal2202

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Re: Loss or profit while investing in crypto trading,
« Reply #64 on: September 26, 2024, 06:16:58 AM »
I think everyone has a different plan and strategy, he said 2 years maybe by using the DCA method he can get or collect more coins than a year before halving even though in 2023 we can get lower butcoins than in 2022. If I also collect assets after the bullish season is over and the bearish season has started by looking at the market whether it is time to buy or not.
You make a good point now as I know the past, but in the past I did not know the future, so to take precautions to save my funds,, I would definitely go for DCA and still I don't know the future so If I will again plan to invest or accumulate, I will definitely prefer DCA method because its more reliable to get more Satoshi and less loss.

But sometimes buying in lump sum proved to be more profitable, like when the market was at $20k or $30 even doing DCA was not a good plan, but I had no other choice but to buy in parts, but if I had the funds I would have bought at $25k in a lump sum because I know in the big plan picture it will touch the past ATH again and will cross it.

PS: Sorry for late reply it got mixed with others I thought I replied it.
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Offline enoch_from_off

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Re: Loss or profit while investing in crypto trading,
« Reply #65 on: September 26, 2024, 02:28:31 PM »
I think everyone has a different plan and strategy, he said 2 years maybe by using the DCA method he can get or collect more coins than a year before halving even though in 2023 we can get lower butcoins than in 2022. If I also collect assets after the bullish season is over and the bearish season has started by looking at the market whether it is time to buy or not.
You make a good point now as I know the past, but in the past I did not know the future, so to take precautions to save my funds,, I would definitely go for DCA and still I don't know the future so If I will again plan to invest or accumulate, I will definitely prefer DCA method because its more reliable to get more Satoshi and less loss.

But sometimes buying in lump sum proved to be more profitable, like when the market was at $20k or $30 even doing DCA was not a good plan, but I had no other choice but to buy in parts, but if I had the funds I would have bought at $25k in a lump sum because I know in the big plan picture it will touch the past ATH again and will cross it.

PS: Sorry for late reply it got mixed with others I thought I replied it.

Yeah, both buying in lump and DCA is viable - everybody chooses what's best for him in his mind.
It's up to the expertise and experience of the person, and his responsibility.

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Re: Loss or profit while investing in crypto trading,
« Reply #66 on: September 26, 2024, 09:16:17 PM »
Under any circumstances we are given to lose at any moment, just like in casino, I advise in trading to always put a balance willing to lose, to control how much we can lose in each trading session, I always do 3 sessions and in that one if I lose 2 I have to recover with the third and if I don't do it then I stop and go back to another day, but with a different analysis, something that changes the perspective of how I am seeing the market, sometimes we see it in the wrong way, for that reason is that you should take advantage of this trading thing but do it with utmost responsibility.
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Re: Loss or profit while investing in crypto trading,
« Reply #66 on: September 26, 2024, 09:16:17 PM »


Offline satpol_PP

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Re: Loss or profit while investing in crypto trading,
« Reply #67 on: September 26, 2024, 11:30:23 PM »
Its clear that trading is like a profession itself, or a hobby even. You are not going to get better at painting on your first draw, you need to study and learn more about it, hell you could blindly draw for 10 thousand hours (commonly referred as becoming master at something) and you are not going to be that great, sure be better but not a master, you need to first study and learn how to be better, and then do the 10k hour thing. This means that we are going to end up with something much bigger, something similar at crypto trading. First you learn, then you spend time, then you become great at it.
Reading your comments, I agree that painting or trading takes a long time to become professional and expert. Like doing a hobby, we have to practice repeatedly. In trading, we need knowledge and skills that we can practice every day to become experts. And all that, after we do it repeatedly, will make us have skills and experience, because experience is also important because in trading we also have to learn to manage risks and also manage emotions.

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Re: Loss or profit while investing in crypto trading,
« Reply #68 on: September 27, 2024, 10:19:37 PM »
Yeah, both buying in lump and DCA is viable - everybody chooses what's best for him in his mind.
It's up to the expertise and experience of the person, and his responsibility.
I agree as there are other methods as well like their is smart DCA, and other types of DCA and Lump Sum has not type AFAIK. Means what suits best for a person must be picked by him and he can only knew what's best for him if he knows all the options he have. Like profit and loss in investing is permanent thing but we have to find ways to reduce the loss and increase the profit like LUCKMCFLY has posted below your post.

I liked his way, although never come to know or have any idea about it before but now I think its a good way.
Under any circumstances we are given to lose at any moment, just like in casino, I advise in trading to always put a balance willing to lose, to control how much we can lose in each trading session, I always do 3 sessions and in that one if I lose 2 I have to recover with the third and if I don't do it then I stop and go back to another day, but with a different analysis, something that changes the perspective of how I am seeing the market, sometimes we see it in the wrong way, for that reason is that you should take advantage of this trading thing but do it with utmost responsibility.
Like making 3 sessions in a trade and if you lose 2 then making a profit in 3rd with recovery, but I have a question: Will not it make the 3rd session more pressuring and stressful? Like you will have to make recovery and profit. Going back to the other day is an obvious solution.
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Re: Loss or profit while investing in crypto trading,
« Reply #69 on: September 29, 2024, 02:27:59 AM »
Its clear that trading is like a profession itself, or a hobby even. You are not going to get better at painting on your first draw, you need to study and learn more about it, hell you could blindly draw for 10 thousand hours (commonly referred as becoming master at something) and you are not going to be that great, sure be better but not a master, you need to first study and learn how to be better, and then do the 10k hour thing. This means that we are going to end up with something much bigger, something similar at crypto trading. First you learn, then you spend time, then you become great at it.
Reading your comments, I agree that painting or trading takes a long time to become professional and expert. Like doing a hobby, we have to practice repeatedly. In trading, we need knowledge and skills that we can practice every day to become experts. And all that, after we do it repeatedly, will make us have skills and experience, because experience is also important because in trading we also have to learn to manage risks and also manage emotions.
Taking into consideration that the process of becoming a great trader entails time and effort I have no doubts that the information given is possible. To be precise, like any other extra – curricular activity/ skill, if one wants to be good trader, one has to invest and study a lot of time and money in trading. It is possible to appear in the market every day and new day means new lessons to be learned, new changes to be understood, and new ways of working on yourself. Apart from this, it also builds up your intuitive knowledge in an effort to make right choices in future.

There also are quite some importance of experience in developing the needed props, particularly handling of risks and emotions. Whenever you are trading there is always the possibility of loss and yet the skills of not panicking should be male is crucial. I have learnt that experience makes a trader be aware when to wait and when to act, how to regulate feelings so that they influence the action plan.
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Re: Loss or profit while investing in crypto trading,
« Reply #70 on: September 30, 2024, 06:53:18 PM »
Its clear that trading is like a profession itself, or a hobby even. You are not going to get better at painting on your first draw, you need to study and learn more about it, hell you could blindly draw for 10 thousand hours (commonly referred as becoming master at something) and you are not going to be that great, sure be better but not a master, you need to first study and learn how to be better, and then do the 10k hour thing. This means that we are going to end up with something much bigger, something similar at crypto trading. First you learn, then you spend time, then you become great at it.
Reading your comments, I agree that painting or trading takes a long time to become professional and expert. Like doing a hobby, we have to practice repeatedly. In trading, we need knowledge and skills that we can practice every day to become experts. And all that, after we do it repeatedly, will make us have skills and experience, because experience is also important because in trading we also have to learn to manage risks and also manage emotions.
Taking into consideration that the process of becoming a great trader entails time and effort I have no doubts that the information given is possible. To be precise, like any other extra – curricular activity/ skill, if one wants to be good trader, one has to invest and study a lot of time and money in trading. It is possible to appear in the market every day and new day means new lessons to be learned, new changes to be understood, and new ways of working on yourself. Apart from this, it also builds up your intuitive knowledge in an effort to make right choices in future.

There also are quite some importance of experience in developing the needed props, particularly handling of risks and emotions. Whenever you are trading there is always the possibility of loss and yet the skills of not panicking should be male is crucial. I have learnt that experience makes a trader be aware when to wait and when to act, how to regulate feelings so that they influence the action plan.
Indeed, Becoming a trader or a profitable trader entails dedication and a regular aspirant to undergo a lot of transformations in the market. If optimal outcomes are to be obtained, one needs to have a good mastery of the techniques employed together with a capacity to assess numerous factors outside the markets that may affect movement in prices. The ability to develop these skills and the ability to take decision in the light of gathered data are the essential things which can help to overcome the difficulties in the trading world.

The another factor that should not be not overlooked in managing is mental stress. Suppression of emotions to an extent that a trader is able to conduct commerce during special occasions is advantageous since it helps traders eliminate short-term objectives. Experience will enhance this ability; every loss will be a valuable lesson which means that every strategy hence forth will be better formulated in the future.

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Re: Loss or profit while investing in crypto trading,
« Reply #71 on: October 01, 2024, 06:25:22 AM »
There is a lot to know while investing in crypto market, there are thoughts on whether to invest in it or not, if you start a new startup, you lose your mind, but there are many other platforms that also have the possibility of loss in the beginning.  But gradually profit is getting in all, treding is likely to get good profit in short period but it is necessary to have information about trading then we can see profit friends.???
Of course there is a lot to know when investing in the crypto market. It is not enough to just invest, but you have to gain a lot of experience related to investment. On the other hand, if you want to earn money by trading from the cryptocurrency market, then you must acquire knowledge about trading. If you do not have knowledge about trading, then you will never be able to earn money from trading, instead you will lose money. In particular, there are some strategies in the trading platform, one of them is not to be overly greedy, not to test with emotions, to trade with patience. If a few things are followed in the trading platform then money can be earned from the trading platform.
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Re: Loss or profit while investing in crypto trading,
« Reply #72 on: October 01, 2024, 05:17:27 PM »
Investing can be tough because of uncertainty. When we win we feel great but losses can make us doubt ourselves. However it is essential to remember that losses are natural part of investing. Goal is to balance wins and losses aiming for more gains than setbacks.

For this it is important that how we are investing. If we are investing wisely so we will not lose anything. Means the best thing is that never invest in one coin always diversify your investment. This will make our investments low risky.

There is NO doubt about it , we as people who know what we really do must see that things are done better when we are waiting for a benefit, but what we boast the most is when we cannot do anything quickly, then I would say that patience is one of the things that we must have the most, and do the follow-up without doubting in desire, a characteristic of a good investor is knowing how to be patient, or getting carried Away by the news, not paying Attention to everything they say at a given moment, but doing what is normally correct, being patient and being clear about what we are doing , for example , the BTC investor just has to wait and that's i t, the magic will be seen at any Moment.
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Re: Loss or profit while investing in crypto trading,
« Reply #73 on: October 01, 2024, 09:40:26 PM »
Investing can be tough because of uncertainty. When we win we feel great but losses can make us doubt ourselves. However it is essential to remember that losses are natural part of investing. Goal is to balance wins and losses aiming for more gains than setbacks.

For this it is important that how we are investing. If we are investing wisely so we will not lose anything. Means the best thing is that never invest in one coin always diversify your investment. This will make our investments low risky.

There is NO doubt about it , we as people who know what we really do must see that things are done better when we are waiting for a benefit, but what we boast the most is when we cannot do anything quickly, then I would say that patience is one of the things that we must have the most, and do the follow-up without doubting in desire, a characteristic of a good investor is knowing how to be patient, or getting carried Away by the news, not paying Attention to everything they say at a given moment, but doing what is normally correct, being patient and being clear about what we are doing , for example , the BTC investor just has to wait and that's i t, the magic will be seen at any Moment.
Many newbies are impatient and want to get faster profits that makes them try to invest in shitcoin and experience losses. so what you said is true, we can't get quick profits and need patience, that's why we buy top coins that are safer, even though the profits are not that big.

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Re: Loss or profit while investing in crypto trading,
« Reply #74 on: October 02, 2024, 09:48:50 PM »
Like making 3 sessions in a trade and if you lose 2 then making a profit in 3rd with recovery, but I have a question: Will not it make the 3rd session more pressuring and stressful? Like you will have to make recovery and profit. Going back to the other day is an obvious solution.

Yes it is stressful, but since it is the money that you are willing to lose, what you do is do the operation and set the stop loss and the take profit, once that is done I go to do something else and I forget, then at night I check and if I lose then I do what you tell me, but I don't rack my brains, before I was pending and I spent the whole day there in the market waiting for the operation, and that was very stressful, I don't do it like that anymore, because you have to take advantage of the time in other things, now I do another type of trading or I am learning tarding which is a 1 minute operation, from which I have instant results, and I do the same strategy, I only do 3 operations, without martingale, but if I win 1 I am applying another strategy, which is to bet that plus the profits about 2 or 3 times, this to increase or try to increase the balance.
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