Re: Everyone loses money when the market is down right?

If you have not yet sold your coins, you have not yet lost, there is always a chance that the market will turn in your direction, but if you are desperate and sold the coin at a reduced price, then everything, you have a loss.

My friends also always told me about that. That is why i like trading more than gambling. Even sometime i play gambling games, trading make it different because i am not lose my assets if i am not cut loss it yet.

if you don't sell it faster then you will suffer greater losses? which one do you choose? in my opinion not all coins you buy can experience recover when the trend changes and prices rise. so you have to be really aware, have to hold or sell. because that will determine the amount of loss that you will suffer

For me only panic sellers are getting lose but those who are holding with patience will never suffer lose, when in market new investors get in it makes the price higher because they buy and hold so market recover faster this way, so if the market is down we will have to keep patience and never think about selling it.

Actually what i compared about gambling and trading is in trading we still have chance to minimize our losses. At least it is not 100% loss like in gambling. That is why i talk to prefer trading than do gambling even i play it too.

For me both are good if we are good at gambling we can gamble and if we are good at trading we should trade, but in case of low price in market I think it is good to hold only specially if you are a trader, it is good to continue trading when market again recovers but if the price is down and things are not in our favor like price and everything then dont trade and wait for right time, there will be 100 profit but no lose.

Right, i do both of it. Even not really good, i still learn how to trade well and still learn how to pick right coin to buy. But price of bitcoin now really make any change to traders because they will back to trade again for sure.

Of course it is very important to have the idea about good coin and to know which is the best way to trade with your coin profitably I know there are so many way to trade but try to learn it well and never give up on learning as the more you will learn the more you will have idea about it, i can see your future will be bright if you never stop learning and trading.