Quote from: eaLiTy on April 08, 2019, 09:51:45 PM

Quote from: jackg on April 07, 2019, 01:02:36 PM

Whenever I trade and make a profit, does someone else lose?
For example, I've been watching an altcoin market for three years and knew that a certain currency always triples in value going from x to 3x in a couple of months. Having spare money avaliable I put some in to test the strategy and I'm close to my 3x at the moment.

My question is, whenever I trade and make a profit is there always going to be someone who's made a loss or is this an odd way of thinking? Could it be that these people are losing a small amount of money or that these people are buying a coin by going (I'll put 10% in that) so as to not really matter if it profits or. Loses as it generated a stable ish value.

You really cannot sum up like that every time you earn a profit someone out there is loosing, the people who are selling the coins might be selling them at a profit and then where is the loss comes from, it is a mixture of everything, no one will sell at a loss unless they are very bad at handling their finances.
Could you specify which coins you have invested and which ones are in profit so that others will have an idea.

Partially agree and disagreed with what you said because the market currently resist down trend price this days and if the person that losses was patience to wait till the next he would have gain back his losses. What I'm trying to point out is that it the market status that will determine what will happen.