Post
Topic
Board Altcoin Discussion
Re: Many new traders are playing to lose
by
X-avier
on 15/09/2019, 10:49:36 UTC
Are you playing to lose or you are playing to win? a friend of mine lose all his bitcoin to trading and when he started complaining about i decide to take a look and i detected that he traded in a gambler's way.
He has 100$ and he traded just twice with 50$ which results in quick lose,im not an trading expert but most trading platforms always warn traders to limit their trading to the highest of 10$ which would have given him more chances to continue trading

Apart from not learning how trading works he is playing to lose,i think this is what many newbies are doing as well,if you are doing the same you will always end up losing your money,if you want to bet 50$ on a trade you must have thousands  of dollars on the trading platform not trading with 100$ and be praying for a miracle.

Trading is not something you can rush,expert traders out there spend days trading for profits and if a particular day is full of loss they quit trading for that day.
Yes, that's right, you noticed, your friend, like many who come to cryptocurrency and trading, thinks he can get rich in 2 clicks. But, of course, this does not happen, trading, as a rule, is a separate problem, and in order to start making money on trading, you need to devote a lot of time to understanding the philosophy of the market, yourself and the crowd. Choose a niche in which you can fully realize yourself, which means that you will have to trade in more than one cryptocurrency market. I could list for a long time what needs to be done to become a successful trader, so tell your friend if he really wants to become a trader, then you need to start training, and let him start his training with a risk limit)) If you do not want to study, it’s better to just go to the casino.