This is one of the most significant advantages of Bitcoin over fiat currencies: if you keep your fiat for an extended period of time, it will most likely lose value due to inflation, or the same amount you keep may not be enough to purchase whatever you want at the time you keep the money, whereas investing in Bitcoin will almost certainly yield a profit.

Even though the blockchain is open and visible, sending Bitcoin can be anonymous; no one will know the specific identity of the sender, whereas transferring money is not, which means Bitcoin provides security.

If you can make it work then you are going to be fine. People end up working on things that are a bit different, they work on things that make it a bit different in the sense that if they lose money they tend to be fearing the afterwards. Instead of fearing losing again, you should be considering the option to keep working on what you working on and then focus on being and getting better.

I believe that the best thing to do in this case is to make sure that we are doing fine and learning from our mistakes and avoiding them next time and you should be glad what you are doing instead. I believe that we can make sure that we make more profit in the future if we approach our losses a lot better on the long run.

Have a stop-loss before trading. I've experienced that a few times already where I see a token going up, I bought it not knowing that it's at it's peak already, and then all of a sudden, it went down bad, and I ended up at a loss. Of course I'm a newbie at that time, and I don't know about stop-loss.

What's the best approach? Having a stop loss would be the best option though it will not change the fact that you will still incur losses especially if you made wrong decisions. You might've made a mistake especially in your decision making, but what's important is that you learn from it, and you will not do it again next time. Whenever you make trade, always make a stop loss like a 10% stop loss if things don't go your way, or a specific price target where your position will close when it reaches that price.

Now if you're expecting that bought at the peak, and still make profits from it, then holding it for a long time is by far the best option. With this one, you become a long term holder from a short term trader.

When a trader loses in a streak, it is best to stop trading, take a break for a while like few weeks or several months. The breaking time is necessary to absorb the stressful mentality and to analyze what caused those bad trades.

It's impossible to revenge the market when a trader has a bad lost streak as it will cause worse trading result and all capital will be lost in the market.

Analyzing causes of defeat needs time and you only can analyze it well if your mentality is calm. When your minds is like "I want to revenge the market now, to cover my loss", your analysis will not be accurate and it will be affected a lot by your mentality.

Problems with traders are they want to chase very high profit and don't want to have 'small' profit like 2% or 5% but they forget a fact that a biggest success is to protect your capital, profit is less important than your initial capital. So having 2 - 5% profit and protect your capital is more than good.

Trading is not like we usually think if we are patient, it goes well. That would help but it was not the only thing that matters a lot, it is also how we strategies and make effective strategies based on the marker condition. Whether we like it or not, there is no perfect trade that ever happens, sometimes we lose and sometimes we earn. But if it all goes to losing more, there is a big problem with that and must be corrected or else, we can no longer expect a profit anymore.

If you want to win crypto trades, put it in mind that the trend is your friend, don't disobey the gravity of major traders when the market is moving in a direction, you will lose everything if you repeat that patter over and over, make the trend your friend and you will have instead minor losses which is a normal thing or process km trading.

I don't have much experience about loss but there was a time I was trading and following a set up by one trader, the chart was bearish, even a common trader will know that the market was signaling downward way but all of sudden, the market pump and results in loss that gave me negative pnl, i wasn't happy throughout the day because I feel it was manipulated. However, I learn something that day about crypto trading, it's always better to be bullish all the time than bearish unless something bad is actually affecting the crypto market.

Series of losing trades you say? I have many already.

I can still remember the time where I was just starting to trade. Back then, I knew it already that I will lose all of my capital when I was starting that's why I just started with 10$, and I lost all of it because of bad trades. I might lost it all, but I got some experience from it, and adjusted from it. Fast forward, I tried to return, and trade again. I got profit, and at one time, I made my initial capital 9x... until I made a trade that made me lost all of my profits. It's very frustrating knowing that you had already an opportunity to cash out all of your profits plus the initial capital, but greed ate me, and that's the result of it.

How did I came back to trading? I didn't came back after that loss of mine, and until now, I'm not trading anymore not because I don't have money, but I feel that I'm still not ready with trading yet, or I feel that trading isn't for me. Anyway, it's your decision if you really want to pursue trading, but always take note that in every loss that you experience, you will learn a lesson from it.

How do you deal with the situation where people who you are close to like family and friends are constantly demanding for one kind of financial assistance or the other. It is not possible to help everyone, so how do you handle it and make sure that giving and trying to help people do not turn into a problem for you. How about people who borrow money from you and never return it or even show any effort to make payment back to you, how did you go about the situation?

This has happened to me several times, I have experienced many losses in this kind of experiences, so stop for a moment. Because of course there is something wrong or lacking in the strategies and tactics that we use, especially regarding the knowledge we have in trading. In addition, stopping for a moment here is in order to give ourselves time to be better prepared first, by controlling our emotions, so that we are better prepared in all respects for trading.
Then, let's pay attention to how our trading mechanism is, do we just follow other people or do it based on our own analysis.
Analysis in trading is also not easy, let's first evaluate how the trading analysis, related to fundamental and technical analysis, is it really good or appropriate or not.
In addition, our accuracy in the moment to take a position to exit will also have an effect, especially if we start future trading (even though future trading is very high risk and better avoided for beginners).
Loss management is very important especially to control our losses, we also need to see our loss portfolio so we can understand what coins or where we usually experience losses.
Later we will get used to it and will improve our trading strategy based on personal experience. Btw, use small funds while still learning to trade.
#however trading is a risky activity, make sure you understand the risks and are ready for it. If you are not ready to trade, it is better to avoid it and switch to holding (either short term or long term).

Almost every trader faced this problem for at least single time when they are losing trades In a series. So I am not also out of them. Even I still now face this problem when market behavior isn't predictable. In that time I try to focus mainly to minimize my loses because if I have funds I can recover it when market is predicable.

Some of my own experiences when I feel this situation about how to overcome:

1. Take a Break and never go for revenge trading: it's important to take a little break from the market to avoid emotional trading or to have a predicable market condition. Sometimes market seems too much volatile and totally unpredictable. That's why we face several losing of trades. So we should wait for the suitable time to start again.

2. Learn from your mistakes: When you face this crucial time you have to gather some experiences and learn from own mistakes. You should change your investment startegy because everytime "Buy Low, Sell High" will not work properly in short term.

3. Choose best trading pairs: Sometimes our targeted trading pairs may not be suitable for us. So we can go for most potential coins or tokens. We should avoid highly manipulated Cryptocurrencies and should trade with top ranked Cryptocurrencies.

4. Set Stop Loss and Take Profit: Soemtimes we can't control our greed and wait for more profit. So we should have a target when we want to grab our profits and when we want to minimize our loses by adding stop loss. Because minimizing loses is one the most appreciated job in trading.

5. Build your confidence and don't be depressed: Several losing may cause you depressed. So that time it's hard to take a proper decision. So we have to build our confidence and trust on our analysis. So be prepared for a solid analysis to enter the market again without any emotional decisions.

One of the outstanding points for me is to take a break and avoid revenge trading. Revenge trading calls for a whole lot of emotions it would be as if you want to reclaim everything back immediately only for you to enter into the market and make further errors.
At least we should stay calm and always trade from the position of rest.

I am finding extreme difficulties in following your logic.Ukraine gained independence on 1991 if I am not mistaken on promises to destroy all nuclear armament which they did to honor the deal brokered exactly by Russia,Boris Yeltsin back then.Since then Ukraine is a free country and is free to join NATO or do whatever they like in their territory without asking permission from anyone be that a neighbor like Russia who demanded that they stay out of joining NATO.

Russia wagered a war to annex parts of Ukraine and this is starting a war,Ukraine was at peace,it is the aggressor in this case Russia who put them to war and I agree with Zelenksy,no one tells me what to do in my own home.

Hello! im new here, i was scammed 1 time for 35k$ on btc but I was able to recover it. Anyone faced that bad situation?

I agree with you that crypto systems have such good security that they are almost unhackable. The main enemy of crypto is phishing and malicious malware that will let someone know your keys. And when the key is known, all assets will be lost, without notification that your assets have been sent to someone else's wallet

Whereas usually things like this can still happen to both beginners and those who already have experience. We must always keep a copy of the key and don't get into phishing sites so that the assets we have are safe. Crypto is a digital technology and in the digital world nothing is 100% secure. When hackers cannot attack crypto networks, they will attack asset owners to find out their wallet keys.

If you want to hold bitcoins for a long time, I suggest you buy a hardware wallet, and never keep bitcoins for a long time on a centralized exchange.

Op when I first came to the forum I was well instructed not to use capitalization on the topic because it will not attract the readers of the thread. And we all know that you are trying to attract people with the use of capital letters. Even though nyou did not use capital letters definitely users will see your thread and make comments so there is no need for that. But you can capitalize each first letter of the topic and not all the words.

Op you tried for the finding. Blockchain technology specifically cryptocurrency blockchain is not easy to hack because of it decentralized security.