Quote from: gunhell16 on July 23, 2022, 02:59:04 AM

Quote from: Seaking009 on November 10, 2021, 06:37:03 PM

To what i think on my own view i don't know if i can get more knowledge and understanding to this.
You just have to understand the market, you need to be able to study and know when it’s a right time for you to invest and withdraw your crypto currency. And also remember only invest money you know you can make back even if you lose the money.

No one can do that in reality, even the experts can't help but reduce their assets significantly in cryptocurrency due to the volatility that exists in this industry. That's why here you can measure the skill of everyone's strategy in performing crypto trading activity. That's why investing in cryptocurrency trading always comes with risk because we don't know when its market value will actually go up or down.

So when we always think to avoid losing our assets in the end, we only bring our assets closer to losing them. That's why we should always be calm when doing trading and don't give in to the weakness of our emotions in this kind of business industry.

It is impossible for us to trade crypto without experiencing any losses at all, as you said even professional traders will find it difficult to avoid losses.
We must remember that the crypto market is very volatile, so the risk is very high. That's why we must have good analytical skills if we want
to trade crypto, at least with a good analysis we can predict what will happen in the future, although our predictions are often inaccurate. But at least
we can have a little idea where the crypto market will move, so we can prepare the right strategy to bring us closer to profit.

We can also use the cutloss feature to minimize losses. Please just do a good preparation when trading, then we will not panic when the market
moves not as we expected, because we have prepared a backup plan. Another thing maybe we should start to control our emotions well,
because in crypto trading patience is the main key to success. And also with well-controlled emotions, we can distance ourselves from greed,
which can be one of the reasons we experience losses when trading.