Quote from: Koadharber on March 14, 2018, 10:19:24 PM

Quote from: bountyhunter1313 on March 14, 2018, 05:13:21 PM

Quote from: cydrix on March 05, 2018, 05:03:39 AM

Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better

Its okay! Trading doesnt work well for 90% of the people. Thats how markets are tbh.
Specially in crypto, there is no logic. Best you can do is manage risk, invest by looking at higher timeframes, and do not try to daytrade these markets. IF you really want to, then learn technical analysis. But remember, if you fail to manage risk, you will br ruined. Experience is speaking here. Good luck! Cool

Experience would really matter at the same time on the learnings you have gained along the way on engaging yourself into trading. Active trading is very complicated and crucial and if you are just newbie then dont tend to start up with this kind of trading because 99% you will surely fail out because this is just only suited for most experienced traders on this very volatile market.

Experience does matter when it comes to trading here. We can read a lot of things in the internet about trading and experiences in this forum from the traders but there are things that are best learned from experiences. Trading is not going to be easy especially to those who do not give time to even know the basic things about it. It is not just about buying and selling, and making profit but it is about understanding several aspects regarding to what trading is. Studying about trading helps a trader understand better what happens when you are in trading, helps analyse market charts and helps decide when to sell or buy.

As I have noticed, there are many panic sellers than before and I am thinking that it is because people rushed to invest in bitcoin without even knowing what a volatile market is. The news of bitcoin as a good investment because of huge profit had reached them and for the sake of the "big profit", they eventually decided to risk their money.