I have never experienced a loss of money in cryptocurrency because I have never invested or traded using Bitcoin or altcoins.
.......
Damn I like your style. But your opinion isn't entirely true. Even if you understand the market, you'll still hit SL trading it. As far as you trade, you'll loose. The key is to have more wins than losses
That's your opinion if I trade and that's true. But pay attention to my first paragraph statement, "I have never traded at all using Bitcoin or altcoins, so I have never felt a loss".
I am new to cryptocurrency, so I don't have the capital to trade yet.
......
I think those who feel they have lost money from trading Bitcoin or altcoins seem to not understand the market or they force themselves to enter the trade in the wrong position.
As far as I know, cryptocurrency trading can only be summarized in broad terms: Red-Buy, Green-Sell.
....
Some people prefer to trade based on planning and quantifying different activities, while other people prefer to accept the outcome of specific undertakings, without being directly involved in the actual purchase and selling business.
.....
When I was first taught in cryptocurrency, I was warned from the beginning that cryptocurrency is unstable and could make a profit of 1,000% today, and a loss of 10,000% tomorrow. So I was taught that when I get money from cryptocurrency such as from events, art, signatures, airdrops or whatever, just sell it and take your Fiat and put it in your account.
My community friends on Telegram taught me that, if you keep investing your money in cryptocurrency, later when you make a wrong move, your money will be lost due to a scam or due to altcoins that are Dump and dying.