I met someone who spoke bitterly against cryptotrading, he spoke of how he had a fortune in his trading account that disappeared completely in one night, he spoke of how he fell into depression and sickness soon followed because of overthinking of how to pick up and get back up on his feet financially. Now he is a strong advocate against anything trading crypto, how sad and dissapointing.
I didn't want to go through the rigor of trying to preach the message of crypto and share my testimonials from my little successful trades because our meeting was short lived as we were in transit, but the big question that i kept asking myself afterwards was -
"How many persons loose in a trade, and then go back to find out why they lost, and the mistakes they made?"
(I am bringing this topic here to point out amd encourage everyone that needs encouragement, that it is always best to find out the reason behind every loss we make in trading. It might not be easy, but try not to fall into depression suddenly, go back and find out the excesses and mistakes in your analysis in preparation for the BIG WIN, it is not easy, but you can do it)
You know, I can’t call myself a trader, but I had little experience in cryptocurrency trading. I want to note right away that my experience in trading cryptocurrency was successful and was able to earn about two thousand dollars on trading. Let's just say I was lucky, since I myself was able to find several trading pairs that had a good difference and I was able to draw up a clear plan for when to buy and sell cryptocurrency making a profit. Of course, this was a special case and such options come across very rarely. I was lucky, since I did not use large amounts of money and did not listen to others, I analyzed the situation myself, watched the trading and only after we see the opportunity to earn money, I started trading. Those investors who lose money on trading probably did not study the trading pairs that they used or even simply listened to the advice of other "trading specialists" and simply lost money. I don't think you need to kill when you are losing money, you need to independently study the exchanges, trading pairs and the market situation before you start trading cryptocurrency, and then find the opportunity that can bring you profit. Only after that you need to start trading.