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Author Topic: I quit trading  (Read 227971 times)
Mayer Amschel
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September 21, 2015, 11:21:35 AM
 #1

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

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1511180056
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21coin
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September 21, 2015, 11:26:17 AM
 #2

Real simple, start trading here. Seriously though, maybe :
1) Invest in a gambling site, because of the house edge you'll win in the long run
2) Have a look at this post, as I'm not going to repeat something already said https://bitcointalk.org/index.php?topic=1153888.msg12165431#msg12165431
shorena
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September 21, 2015, 11:52:26 AM
 #3

-snip-
Now the question is: what the fuck do i do now with my money.

Spend it. I dont know what you are into, but there are lots of things you can buy with BTC directly. If not, you can still sell the BTC and buy with your local currency.

Just in case its not obvious: Not everything at once.

Q7
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September 21, 2015, 12:01:29 PM
 #4

Well it wouldn't hurt if you just leave it lying around and see what is going to happen after the halving. It's more like a gamble as there's a chance price would plummet but at the same time with some probablility of it going up as well. But hey what is there to lose.

Denker
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September 21, 2015, 01:33:00 PM
 #5

47 coins is a nice stash. Maybe you should check if you need some things for household.Or if you have a car it might some new parts.
However I wouldn't waste it for stupid consumer stuff.And if you believe in Bitcoin why not hold a nice amount and see what the future will bring to you.

Mayer Amschel
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September 21, 2015, 01:45:54 PM
 #6

Thanks for the suggestions guys!

 Grin

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September 21, 2015, 01:57:34 PM
 #7

You can try Forex market with Bitcoins, may be profit will be not very high, but you can continue to get something  Wink If you do not have Forex market experience, better do not try Forex untill you have enough experience  Grin
Tabatadze
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September 21, 2015, 04:08:47 PM
 #8

invest in satoshi dice and watch your btc grow! Smiley

I love live casino more than anything else.
Mickeyb
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Move On !!!!!!


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September 21, 2015, 09:36:35 PM
 #9

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

Put it in a cold storage and forget about it for some time!

Do not invest, since there is no real and fair opportunity to invest. There are all scams and ponzis. Don't gamble.

Reward yourself and buy yourself something nice since you have a nice stash here and put the rest in the cold storage! Smiley
ingiltere
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September 21, 2015, 09:42:02 PM
 #10

Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.


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iCan
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September 21, 2015, 09:50:32 PM
 #11

Now the question is: what the fuck do i do now with my money.

Leave it on black day, or on gold day when BTC will be cost 1000$

Jamacn
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September 22, 2015, 04:00:22 AM
 #12

glad you denominated with bitcoin

if you use fiat, usd, 2 years ago 47 BTC is valued 24,000 usd (roughly), and now 40 BTC is valued 10,000 usd (roughly)
Amph
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September 22, 2015, 07:08:04 AM
 #13

if you want to invest , invest in something that isn't a gamble, maybe if you cheap electricity bill, you can choose the route of mining with the new S7
maokoto
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September 22, 2015, 03:02:27 PM
 #14

So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

Any tip from those things you have learned?


scriptman
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September 22, 2015, 04:58:29 PM
 #15

What are the reasons you stopped trading?

I think you should get back out there and keep the coins flowing.

I agree with the comment about the blocks halving..... I would hold onto some until then.

Whatever you decide to do... best of luck

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jbrnt
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September 22, 2015, 07:19:07 PM
 #16

Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.

You made a loss of 7btc in 2 years and you are happy? I have been earning and buying bitcoin for 2 years and I don't have 7 btc yet. What have you learned these years in trading? To stop loss?

I think you should just keep the bitcoin in a safe wallet and leave them. It's going to worth much more in a few years.
elite3000
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September 23, 2015, 12:54:24 AM
 #17

The USD price of Bitcoin is quite volatile as it is. You might make some money on short-term trades, but it doesn't seem worth the risk.

angelakay124
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September 23, 2015, 05:40:18 AM
 #18

Just use that money to do parternership business in running faucets,bitcoin related blogs or forums etc which will keep on giving you return till you become old. I think that will be safest way to grow your 40 bitcoin which is more than 9000 $.

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lockshop11
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September 23, 2015, 06:35:15 AM
 #19

Great. You don't lose a lot and learn the lessons. Even you can quit trading by yourself. Probably you could invest to some crypto assets or altcoins , which are cheap now.
thejaytiesto
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September 24, 2015, 06:45:42 PM
 #20

Real simple, start trading here. Seriously though, maybe :
1) Invest in a gambling site, because of the house edge you'll win in the long run
2) Have a look at this post, as I'm not going to repeat something already said https://bitcointalk.org/index.php?topic=1153888.msg12165431#msg12165431

Why would you do that? It seems like a big risk to put a stack of money outside your wallet in some gambling site that may dissapear next morning.
Unless someone has a better idea to make profit off those 40 BTC, I would just hold them. The interest is the what you will get as BTC goes up in price in the future.
If you want quicker rewards you need bigger risks, and that's probably trading, gambling and putting your coins in some dodgy place like BTCJams or a house edge on a casino.

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