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Author Topic: I quit trading  (Read 228460 times)
enhu
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December 08, 2016, 01:11:36 PM
 #1001

If I have to quit like OP, I would rather save the altcoins and also invest to the rest that i think has potential in the future. Most good coins or tokens today are getting better plans for its adoption and are also smart enough to just run on platforms. Check them out one of the best I think is ICN.

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December 08, 2016, 03:47:14 PM
 #1002

If I have to quit like OP, I would rather save the altcoins and also invest to the rest that i think has potential in the future. Most good coins or tokens today are getting better plans for its adoption and are also smart enough to just run on platforms. Check them out one of the best I think is ICN.
I'm not sure that altcoins would be a better option for those who had faced bitter experience with trading. Because I am also not having fruitful experience with altcoin investments and trading in long run. I had made profits with one or two altcoins but own big losses with massive dump made my previous profits get washed out.
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December 08, 2016, 04:28:58 PM
 #1003

Well, if you're out of trading because they do not have time for it, maybe it was the right reason. but, if you're out for losing, I guess it's not an excuse. Well, we've all lost trading, but, if you want to improve yourself professionally in trading, then you need to keep trying, no matter how many times you lose.

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December 08, 2016, 05:34:59 PM
 #1004

Personally, I think it was a right decision. If you are just losing money with trading, there is no reason to continue with this.
It's not so easy as many people usually say, and there is no safe life if you live only trading. It's the same when someone thinks he can live only by gambling money.
If I can suggest you something to do with the 40 BTCs, I think you should invest it in different sites. With 40 BTCs it's possible to earn a decent income from lending in Poloniex too. You are lucky to have this amount of money.

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December 08, 2016, 06:20:32 PM
 #1005

Personally, I think it was a right decision. If you are just losing money with trading, there is no reason to continue with this.
It's not so easy as many people usually say, and there is no safe life if you live only trading. It's the same when someone thinks he can live only by gambling money.
If I can suggest you something to do with the 40 BTCs, I think you should invest it in different sites. With 40 BTCs it's possible to earn a decent income from lending in Poloniex too. You are lucky to have this amount of money.
I think it is not a good reason that if you lose you will quit it is just a sign of you are easily retreat honestly if you are a trader you will not be calling you  a trader or profession trader if you do not experience of bad or loses everything is happening from the start.. like other business that they are losing in the first time after that they learn and use what they are learn until they are making a good income.

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December 08, 2016, 06:49:55 PM
 #1006

Well, if you're out of trading because they do not have time for it, maybe it was the right reason. but, if you're out for losing, I guess it's not an excuse. Well, we've all lost trading, but, if you want to improve yourself professionally in trading, then you need to keep trying, no matter how many times you lose.
When the losses are due to lack of knowledge and not having enough time to improve knowledge on trading then what would be the options left for a trader other than quitting.

In my personal experience like gambling, trading also will be attracting traders to come back again. So, quitting will not be a permanent end. Hopefully traders will resume their trading after some breaks.


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December 08, 2016, 10:13:16 PM
 #1007

if you trading without have skill
i think is good your must learn, if you not learn about trading
i think is good your quit trading, because you always lost money without profit

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December 08, 2016, 11:27:57 PM
 #1008

Well, if you're out of trading because they do not have time for it, maybe it was the right reason. but, if you're out for losing, I guess it's not an excuse. Well, we've all lost trading, but, if you want to improve yourself professionally in trading, then you need to keep trying, no matter how many times you lose.
When the losses are due to lack of knowledge and not having enough time to improve knowledge on trading then what would be the options left for a trader other than quitting.

In my personal experience like gambling, trading also will be attracting traders to come back again. So, quitting will not be a permanent end. Hopefully traders will resume their trading after some breaks.

It depends on the person. If you for example quit due to the constant losses that you are suffering without any improvement, then it says something. Some people might indeed look to get back where they left, but if you don't realize what you're doing wrong, then there is no end to the losses that you will be making. Trading is no joke. People that can't adapt, will end up being run over. The train doesn't stop. Wink

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December 08, 2016, 11:38:43 PM
 #1009

Lol, with 40 BTC you can earn a very decent extra income without working. If I had this money I would invest it very well to make the money work for me. Trading can give good returns, but it's very risk, in the long run you lost 7 BTC, it's not much compared to the money you still have, but you could avoid this loss if you had invested in another thing since the beginning.

On the internet it's hard to find good investments, I would check something in a trusted bank and earn passive income from them.

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December 09, 2016, 02:24:26 AM
 #1010

If I have to quit like OP, I would rather save the altcoins and also invest to the rest that i think has potential in the future. Most good coins or tokens today are getting better plans for its adoption and are also smart enough to just run on platforms. Check them out one of the best I think is ICN.

yes its a good advice but for me, i would save only bitcoin and for me bitcoin is really worth it to keep for a long time. but for the altcoin, i think we only choose the best altcoins that will give us a value in long term. beside that, i don't think that tokens is a good to keep because we should make a list and then we should read all of the tokens that maybe can give us a value and its need a time to understand the long journey from the tokens.

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December 09, 2016, 06:28:16 AM
 #1011

If I have to quit like OP, I would rather save the altcoins and also invest to the rest that i think has potential in the future. Most good coins or tokens today are getting better plans for its adoption and are also smart enough to just run on platforms. Check them out one of the best I think is ICN.

yes its a good advice but for me, i would save only bitcoin and for me bitcoin is really worth it to keep for a long time. but for the altcoin, i think we only choose the best altcoins that will give us a value in long term. beside that, i don't think that tokens is a good to keep because we should make a list and then we should read all of the tokens that maybe can give us a value and its need a time to understand the long journey from the tokens.
The decision is base on our understanding, in the early times nobody knows that bitcoin will be as big as today because we cannot foreseen the future, if you believe altcoins will replace bitcoin in the future then it's good to hold but to be safe in the risky world, you should only focus with bitcoin.

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December 09, 2016, 11:25:22 AM
 #1012

If you still want to grow your money then why don't you just store your bitcoin in a cold storage and wait for the price to increase,  After a few years there is a big chance that it will be profitable.

You can also try investing in a gambling casino,  Just make sure to study the gambling site you chosen.

Since you can't dedicate much of your time investments are good for you but be cautious because its risky.

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December 09, 2016, 01:03:44 PM
 #1013

If you still want to grow your money then why don't you just store your bitcoin in a cold storage and wait for the price to increase,  After a few years there is a big chance that it will be profitable.

You can also try investing in a gambling casino,  Just make sure to study the gambling site you chosen.

Since you can't dedicate much of your time investments are good for you but be cautious because its risky.
save bitcoin is not always profitable. we must require a very large capital to do so. the best is to sell bitcoin when we have benefited from the margin selling and buying bitcoin. out of trading is the wrong choice, because the road to success one of which is the focus with bitcoin trading. everyone's opinion will certainly be different.



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StarofBTC
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December 09, 2016, 01:36:16 PM
 #1014

If I have to quit like OP, I would rather save the altcoins and also invest to the rest that i think has potential in the future. Most good coins or tokens today are getting better plans for its adoption and are also smart enough to just run on platforms. Check them out one of the best I think is ICN.
I would keep all my savings into bitcoins because one thing for sure is certain that bitcoins price would increase and increase only ( in long term ) and knowing that we have to quit its better to save some bitcoins and yeah he being a old members and doing trading since 2 years knows better than us what to do.

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Zadicar
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December 09, 2016, 01:41:29 PM
 #1015

If you still want to grow your money then why don't you just store your bitcoin in a cold storage and wait for the price to increase,  After a few years there is a big chance that it will be profitable.

You can also try investing in a gambling casino,  Just make sure to study the gambling site you chosen.

Since you can't dedicate much of your time investments are good for you but be cautious because its risky.
save bitcoin is not always profitable. we must require a very large capital to do so. the best is to sell bitcoin when we have benefited from the margin selling and buying bitcoin. out of trading is the wrong choice, because the road to success one of which is the focus with bitcoin trading. everyone's opinion will certainly be different.
It would really be different since we have different kind of mindsets and people are really different regarding on their plans and actions on a certain situation. Saving bitcoin is also a good move if you dont have any idea to invest because risking it without knowledge will such go to waste. For OP he decide to quit because he seems that trading is not really for him.

PokerFace3
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December 09, 2016, 07:44:21 PM
 #1016

If I have to quit like OP, I would rather save the altcoins and also invest to the rest that i think has potential in the future. Most good coins or tokens today are getting better plans for its adoption and are also smart enough to just run on platforms. Check them out one of the best I think is ICN.
I'm not sure that altcoins would be a better option for those who had faced bitter experience with trading. Because I am also not having fruitful experience with altcoin investments and trading in long run. I had made profits with one or two altcoins but own big losses with massive dump made my previous profits get washed out.
yeah, actually savings alt coins can be a horrible idea I agree too.
Because most of the alt coins would be a pump and then a dump so while someone is doing its fine to cash at pump but someone who is quitting if he saves such coins then for sure he will see dust when he returns.
HatakeKakashi
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December 10, 2016, 06:50:07 AM
 #1017

If you still want to grow your money then why don't you just store your bitcoin in a cold storage and wait for the price to increase,  After a few years there is a big chance that it will be profitable.

You can also try investing in a gambling casino,  Just make sure to study the gambling site you chosen.

Since you can't dedicate much of your time investments are good for you but be cautious because its risky.
Yes if you want to grow your money hold your Bitcoin and wait the price to increase and sell it.  Hold it 2-3 yes I think Bitcoin price is good but its your choice if you choose to sell your Bitcoin now and if you choose to hold your Bitcoin is your choice also. If you want to grow your Bitcoin try to invest your 40btc to gambling . don't try to investment site like hyip /ponzi because its scam your Bitcoin loss because of the investment site. Thanks and godbless.

Script3d
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December 10, 2016, 12:02:38 PM
 #1018

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.
you should probably invest your bitcoin in to a gambling site and your bankroll is so big or should bet on sports their are alot of tipsters out there that have a good stats and lastly why not buy goods with your bitcoin instead of losing your bitcoin

                           
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Noctis Connor
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December 11, 2016, 01:16:54 PM
 #1019

well thats a really huge amount there. you could invest it on gambling sites or maybe you could create your gambling sites but make sure you money will fit into your gambling sites and also you must do a signature campaign it will help your site to be promoted and also hire some people who could actually help you to be a successful gambling sites owner and encourage investors so they will invest into your websites and both of you and the investors could make a profit from it. you will only do this if you want to create your own gambling site. remember the house dont lose. thats the advantages of the owner of the gambling sites.

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Positid
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December 11, 2016, 01:26:05 PM
 #1020

well thats a really huge amount there. you could invest it on gambling sites or maybe you could create your gambling sites but make sure you money will fit into your gambling sites and also you must do a signature campaign it will help your site to be promoted and also hire some people who could actually help you to be a successful gambling sites owner and encourage investors so they will invest into your websites and both of you and the investors could make a profit from it. you will only do this if you want to create your own gambling site. remember the house dont lose. thats the advantages of the owner of the gambling sites.
The amount he lose in trading is not big enough to start a gambling sites, according to you he has to promote his site if ever through a signature campaign and to tell you, signature campaign alone will already cost him much. My point is that, every investor has their own interest so I do not expect OP will come into gambling investment.

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