Quote from: MyIdeas on December 15, 2017, 10:33:41 PM

Quote from: cicciobtc on December 14, 2017, 12:28:18 AM

Quote from: rremus91 on August 03, 2017, 10:40:29 PM

Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!

I think that nobody can improvise as a trader without study and experience. certainly it is easier to lose money without the right skills.
but by studying and with the right tools, in addition to a good self-control it is possible to make profits with trading.

as you said correctly, if it were easy we would all be rich.

Trading is a proper profession and without skills and the required knowledge, no one can perform good or excellent in this field. I am sure that all the expert traders have experienced some losses for checking out the success rate of their strategies plus they do have sound knowledge of crypto market. I am very much in favor of gaining s much knowledge as possible about digital currencies if you want to become a successful trader.

Not like us, I know the whale and the rich or those who have power to change the trending of market don't trading manual. They use BOT, AI for trading and we are just the food for them. Some people can be success if follow right the trend of the whale.