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[Kingsleyy]

There are thousands of people who claims they are making money From trading cryptocurrency but Research stated that atleast 90 percent of crypto traders lose their money, in this case it is only 10 percent of traders are benefiting from trading. It has Also been reported by the Federal Trade Commission that Americans lost over 80 millions USD in the last few months due to trading, Base on this statistics does it really mean that crypto trading is not profitable to 90 percent of traders ? What do you think about this.

 

[btaliat]

The article may not be far from the truth. Most traders don't really know the rules of the game hence they do lose all most time. The 10% successful traders are the ones who know the rudiments of the crypto trading. They know when to enter and exit trade and they know the tools they can imploy to reduce their risks. The other 90% only trade based on emotion and not with enough analytical skill.

 

[Brain]

yeah people are making good money from trading crypto currency, the truth is that you need to know the trendung market to know when to buy and when to sell. you don't just dabble into what you do not understand you would fail. so those that study thr market and understand will make good money

 

[BusyCat]

There are many people who disguise themselves as traders just by looking or predicting the price of crypto. Trading crypto or forex is not that easy at all. They may not have the inner knowledge or have not researched well about the crypto they are trading. These are the people who lose money of trading and form that 90% .

 

[Brain]

There are many people who disguise themselves as traders just by looking or predicting the price of crypto. Trading crypto or forex is not that easy at all. They may not have the inner knowledge or have not researched well about the crypto they are trading. These are the people who lose money of trading and form that 90% .

Your last line is apt. those are the people that lose money. crypto trading is just like any other business venture that needs to be studies so that you can do better when you invest in it. just jumping in to start trading will make you to lose money if you are ready to study and know what it takes to make profit off it. that's just it.

 

[Niftyicon]

When it comes to traders and trading, everyone has his own strategy that works most of the time and even if fails some times, it out to remain adhered to. It is true that people incur losses trading but sound traders tend to minimize that possibility as much as possible because they train well to read the markets and take action at the right time.

 

[dorcasy]

I will object your research until I do my findings, people are making silent money from cryptocurrency as long as you know your ways.
You might have heard people say cryptocurrency can blow you up one day,it's because they take their time to research on coins.
You only lose when you sell off your asset or you can't hold.
Cryptocurrency is patience.

 

[TAH123]

There are thousands of people who are investing in the crypto but most the people are failing. This is not only crypto also any other risky investment like stocks, many people get failed as they don't know/understand the rules. When to buy the cryoto, when to sell the crypto or when to hold the crypto. This is also not enough. It also depends on luck. Many people have changed their life by crypto.

 

[alishastar]

Many people from this 90% may just have no clue what crypto is, but they heard that it could bring a lot of money, so they blindly invest or trade. They do not do research on the projects or even market trends. I also think the statistics come out of them investing in scams due to the lack of knowledge. Another point here is emotional trading, so make sure you separate your feelings from business & investment. Otherwise, if you understand the market, learn about the projects, and trade with a cold head, it might bring a lot of fun and money, of course.

 

[anil02]

There are thousands of people who claims they are making money From trading cryptocurrency but Research stated that atleast 90 percent of crypto traders lose their money, in this case it is only 10 percent of traders are benefiting from trading. It has Also been reported by the Federal Trade Commission that Americans lost over 80 millions USD in the last few months due to trading, Base on this statistics does it really mean that crypto trading is not profitable to 90 percent of traders ? What do you think about this.

Ups and down in crypto is too much fast so it is not easy to keep eyes on its prices. Second things prices of crypto is manipulated by some peoples who have plenty of crypto so they are doing what is good for them.i am not doing trading but I am earning it at some sites.

 

[Duduyemi]

There are thousands of people who claims they are making money From trading cryptocurrency but Research stated that atleast 90 percent of crypto traders lose their money, in this case it is only 10 percent of traders are benefiting from trading. It has Also been reported by the Federal Trade Commission that Americans lost over 80 millions USD in the last few months due to trading, Base on this statistics does it really mean that crypto trading is not profitable to 90 percent of traders ? What do you think about this.

There's no lie if the statistics depicts that! because theirs no how a crypto trader will not lose money in this current market that is not predictable. Even technical analysis is no more accurate unlike before. Fundamental analysis ate not really affecting the market also. I know millions of people will lose their money during the fall from 69k to 60k+.

 

[Mariappa45]

If I am not making money with cryptocurrency I wouldn't still be around it. Majority of my earnings online comes from cryptocurrency trading and investments. I trade wisely, I don't trade often, I trade when I have some funds to risk, at the end of the day I earn dividends and not loss.

 

[SCAMEXPOSER]

I don't think it is worth asking if peot are really making money from cryptocurrencies because you will know provided you are online you realise that people are making good money from cryptocurrencies likewise people also losing money from cryptocurrency investments and it other activities. You just need to careful and learn before Investing into cryptocurrencies.

 

[kaycee001]

I think most people have this ideology that cryptocurrency trading generates high returns within a very short period of time without taking time to understand the fundamentals of the market, thus a lot lose their fund. The people who make money from crypto trading are not only after making just profit they have devoted time to study and understand the principle of the market thereby knowing when to trade and when to exit and they make cool profit. I believe with time more people will be making cool profit on crypto.

 

[Wisdom01]

The worst ratio in trading is that if the person don't make proper research ,the person won't gain anything , as a newbie before entering the market to invest,make your own research ,so you don't just enter the market and you start making huge loss ,you need to study the market well

 

[Brain]

If I am not making money with cryptocurrency I wouldn't still be around it. Majority of my earnings online comes from cryptocurrency trading and investments. I trade wisely, I don't trade often, I trade when I have some funds to risk, at the end of the day I earn dividends and not loss.

i agree with you if people were not making money I don't think they would have still been here trading on it. so definitely people are still making money but you still have to study the money to know when to invest and when to sell that way you would avoid losing money.

 

[Wisdom01]

i agree with you if people were not making money I don't think they would have still been here trading on it. so definitely people are still making money but you still have to study the money to know when to invest and when to sell that way you would avoid losing money.

Some people even makes loss instead of profit ,since they have refused to study the market properly before making trading decisions ,they actually thought it's just easy like that ,not knowing that trading requires more effort when it comes to earning ,to earn you need to learn how to trade properly that's the truth

 

[Brain]

Some people even makes loss instead of profit ,since they have refused to study the market properly before making trading decisions ,they actually thought it's just easy like that ,not knowing that trading requires more effort when it comes to earning ,to earn you need to learn how to trade properly that's the truth

The truth is that when it comes to investment some people will lose and some will win. Why? the answer is strategy used. this is why it is always good to study the market first before jumping to start investing. this is what beginners should know.

 

[Mariappa45]

i agree with you if people were not making money I don't think they would have still been here trading on it. so definitely people are still making money but you still have to study the money to know when to invest and when to sell that way you would avoid losing money.

You're simply correct. If people aren't making much around cryptocurrency it wouldn't have been on the positive side today. Likewise me, I wouldn't have kept faith going with the investment here online. The reason why I am still investing us because, I am on the profit side.

 

[Wisdom01]

You're simply correct. If people aren't making much around cryptocurrency it wouldn't have been on the positive side today. Likewise me, I wouldn't have kept faith going with the investment here online. The reason why I am still investing us because, I am on the profit side.

Although you are right ,but the problem and something I have noticed in cryptocurrency is that when people are making loss ,you would not see them posting it but when they are making loss ,that'd the time you would see them displaying the loss for people to see , discouraging others