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Author Topic: I quit trading  (Read 241513 times)
Akiko
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July 30, 2017, 07:22:13 AM
 #1561

trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
Can i excuse i just want to know how can i trade when can i start how many coins do i need to trade.?

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SilverPunk
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July 30, 2017, 07:45:12 AM
 #1562

trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
Can i excuse i just want to know how can i trade when can i start how many coins do i need to trade.?
I day trade you need to be skillful or you know when to ebter and to leave the market because that was tol risky to be play in a single pump and dump you can lose .Holding and buying when the market is dump and wait for its high then sell is much good.

Regarding to your question you don't need ot hold many coins as much as you can, you only need to focus and have a knowledge on what coin do you have maybe its just a scam coins that will waste your money try focusing in 3 top coins in the cmc from 2 to 10 pick and try doing a trade .And know what is their significance why they are on top check it in altcoins section.

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July 30, 2017, 07:46:16 AM
 #1563

trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
Can i excuse i just want to know how can i trade when can i start how many coins do i need to trade.?
You can easily answer your question by searching all the basic information you need to know to start trading. Actually you just need money to start and everything will follow as money is the most important thing to start trading, you can start with a small amount before it's not expensive trading here in crypto, at least when you are starting and you will experience more loses you will not easily gets upset.

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July 30, 2017, 10:59:29 AM
 #1564

trading with crypto is dangerous for ourselves, thats why i stopped doing daytrade, now i just only buy when i see that market is dumped, just wait a time and you will always win.
yes it is bad for our health that day trading, because sometime we can lose our sleep or skip our eating because we will stay focus on the rising of our coins. it is better to be a long term trader. just do it , dont stop trading, trading is very good and it will help us indeed, so take care of yourself and have fun in trading thats it.

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July 30, 2017, 02:21:29 PM
 #1565

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.
If you have a hard time on doing trading it is better if you will stop trading at the moment and take time on educating yourself for you to learn how to trade in the best possible way. And then make time on having some idea so that you can start trading if you are totally ready to deal with tradings. Then make time on doing the trading itself so you could experience the real trading itself because the best way to learn is through experience.

Most traders lose direction when choosing targets, they do not focus on fixed currencies, so they face many difficulties. They need to rest for a while and change themselves, they need to learn more and assertive.

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July 30, 2017, 02:35:06 PM
 #1566

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.
If you have a hard time on doing trading it is better if you will stop trading at the moment and take time on educating yourself for you to learn how to trade in the best possible way. And then make time on having some idea so that you can start trading if you are totally ready to deal with tradings. Then make time on doing the trading itself so you could experience the real trading itself because the best way to learn is through experience.

Most traders lose direction when choosing targets, they do not focus on fixed currencies, so they face many difficulties. They need to rest for a while and change themselves, they need to learn more and assertive.
We must avoid those shabby behavior like habit of making profit very quick trading, we need to more practical and will learn the mistakes in our trading. As its not easy to determine whether an altcoin is going to fall or rise.

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July 30, 2017, 10:39:50 PM
 #1567

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.
If you have a hard time on doing trading it is better if you will stop trading at the moment and take time on educating yourself for you to learn how to trade in the best possible way. And then make time on having some idea so that you can start trading if you are totally ready to deal with tradings. Then make time on doing the trading itself so you could experience the real trading itself because the best way to learn is through experience.

Most traders lose direction when choosing targets, they do not focus on fixed currencies, so they face many difficulties. They need to rest for a while and change themselves, they need to learn more and assertive.
We must avoid those shabby behavior like habit of making profit very quick trading, we need to more practical and will learn the mistakes in our trading. As its not easy to determine whether an altcoin is going to fall or rise.
Yeah! Trading is not like gambling. It takes time to learn trading properly. There is no need to take things on heart in crypto trading. It is better to learn from mistakes and try not repeating them in the future. Crypto trading does make you rich but it is a gradual process and needs a good command over emotions. Quitting trading is purely an emotional decision.


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chichigirl
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July 31, 2017, 03:50:45 AM
 #1568

I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.


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evermarkets
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July 31, 2017, 04:39:20 AM
 #1569

I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.

Have you all tried trading non cryptos, such as traditional futures?  If so, why not?  Do you feel the barriers to entry are high?

They may not be as volatile, but there are lot of opportunities trading equity index or commodity futures, in my opinion.

I'm wondering what would make it easy for traders like ourselves to trade anything at all.

Thanks

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Suromenggolo
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July 31, 2017, 05:09:53 PM
 #1570

Why not, if we find somewhere better. Because treding itself we do not know when the price will rise and tueun, so treding a lot of losses, in because the price we want is not in the can.

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July 31, 2017, 05:29:27 PM
 #1571

Why not, if we find somewhere better. Because treding itself we do not know when the price will rise and tueun, so treding a lot of losses, in because the price we want is not in the can.


Trading requires lot of analytical skills. You need to judge the market, have in depth knowledge about the product and its impact globally. You should be able to forecast things in advance which will help you know when to buy/sell your coins.

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July 31, 2017, 05:43:30 PM
 #1572

I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.
Quitting on earliest days because you do fail on the first tries wont really be ideal and this thing wont really mold you into a better trader later on.You should really treat those mistakes on gambling as a lesson learn for you because it cant really be avoided to lose on trading even those professional ones do commit mistakes too on having losing trades. The important thing on trading field is that even you have losing trades you still have profits on the end of the day.
Cosbycoin
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July 31, 2017, 06:42:41 PM
 #1573

I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.
Quitting on earliest days because you do fail on the first tries wont really be ideal and this thing wont really mold you into a better trader later on.You should really treat those mistakes on gambling as a lesson learn for you because it cant really be avoided to lose on trading even those professional ones do commit mistakes too on having losing trades. The important thing on trading field is that even you have losing trades you still have profits on the end of the day.
If there will be any guarantee to have profits on the end of the day in trading then probably no one will think about quitting trading, right ? Have you ever heard about finishing off a day with losses ? I guess each and every trader must have experienced this.

I mean to say there is no guaranteed profit at the end of the day for the any trader regardless of how long you are having experiences with trading. Finishing off a day with losses will be much better than thinking about quitting trading. Because you will be having next day to recover your losses rather than struggling within a day nor thinking to quit.

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August 01, 2017, 02:54:21 AM
 #1574

NOOOOOO. HODL and you can win it.
It is a good time now. Next year may be better
Fatunad
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August 01, 2017, 03:08:01 AM
 #1575

I will never quit in trading. I am not a good trader, even my first experience in trading did not goes well.I need to wait patiently before I earn from my investment. But, I never think of quiting because how will I achieve my goal if I quit in this very early stage of my trading experience.
Quitting on earliest days because you do fail on the first tries wont really be ideal and this thing wont really mold you into a better trader later on.You should really treat those mistakes on gambling as a lesson learn for you because it cant really be avoided to lose on trading even those professional ones do commit mistakes too on having losing trades. The important thing on trading field is that even you have losing trades you still have profits on the end of the day.
If there will be any guarantee to have profits on the end of the day in trading then probably no one will think about quitting trading, right ? Have you ever heard about finishing off a day with losses ? I guess each and every trader must have experienced this.

I mean to say there is no guaranteed profit at the end of the day for the any trader regardless of how long you are having experiences with trading. Finishing off a day with losses will be much better than thinking about quitting trading. Because you will be having next day to recover your losses rather than struggling within a day nor thinking to quit.
Losing in trading is really just a normal stuff on which each trader would really experience this and as you said theres no guaranteed profit anytime which we will really make some days on profits or on negative.Instead of quitting its not really a solution but seeing on the situation of OP he lose up 7 btc and those are already on 2 years trading which i would really definitely decide the same thing too.



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August 01, 2017, 03:19:28 AM
 #1576

Sometimes it really hurts to see and feel losses but if you give up that is where you really lose base on what I read . A great help for this in trading is to minimize losses by using risk management and control losses by selling if you dont predict it well.

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August 01, 2017, 07:54:45 AM
 #1577

NOOOOOO. HODL and you can win it.
It is a good time now. Next year may be better
Hold not hodl, ...
Stop loss is better there is no certainty next year will be better. May be worse. We never know anything. Anyone is hard to predict.

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August 01, 2017, 11:09:59 AM
 #1578

Losing and winning are parts of trading, perhaps one should consider about money management and trading risks first before starts trading  Grin
IMO, i suggest anyone who doesnt want to quit trading but continue too losing to review their own trading plan. There's no holy grail here, only hardworks and if you guys lucky, go get a mentor to teach you better about trading and btc  Grin

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August 01, 2017, 03:14:42 PM
 #1579

NOOOOOO. HODL and you can win it.
It is a good time now. Next year may be better
Hold not hodl, ...
Stop loss is better there is no certainty next year will be better. May be worse. We never know anything. Anyone is hard to predict.
Definitely! We can’t predict the future of the crypto market. It is full of fluctuations and too volatile but from the past of a particular coin, we can make certain predictions about the future of the coin. Like if we study the history of bitcoins, they have shown dumps and pumps. But the pumps were much higher intensity than dumps which made the bitcoiners rich. In short, it is better to hold than to give up. 


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August 02, 2017, 01:30:55 PM
 #1580

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.
Why do you do that ??
If I were you, I would invest it and would keep growing my BTC. Grin


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