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Author Topic: I quit trading  (Read 241665 times)
jpoker272727
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August 02, 2017, 08:24:12 PM
 #1581

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
I am glad at least you have strong belief in bitcoins. The bitcoins are future international currency and soon will be ruling the world economy. Those who are investing in bitcoins currently will surely be proud of their decisions. I will recommend all investors investing in bitcoins as much as they can to enjoy a lavish future. 


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August 02, 2017, 08:52:16 PM
 #1582

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.  

Main point of importance is that when you're not a trader, there is no need for anyone to worry about what direction the market is moving to. In most cases people go wrong just because of them feeling the need to cash out their coins because the price is going down. These people don't realize that they aren't losing anything as long as they aren't selling. The only result of people selling their coins at losses, is that they end up buying their coins back at higher levels -- direct side effect is that buying back at higher levels always results in them ending up with a lower number of coins than they started with.
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August 02, 2017, 10:41:36 PM
 #1583

You incur a lot of losses with your bitcoin. Need a good strategy and mental to do trading so as not to lose. If you ask what I am going to do .. I think you stop trading .. try investing your bitcoin to another. Such as mining or buying altcoin at the time of ICO. You do not have to worry you will benefit later. If you want to trade do not invest all your bitcoin .. save some .. to reduce the losses that will occur. If you store bitcoin you will get benefit in the future without you work.

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August 02, 2017, 10:57:00 PM
 #1584

You incur a lot of losses with your bitcoin. Need a good strategy and mental to do trading so as not to lose. If you ask what I am going to do .. I think you stop trading .. try investing your bitcoin to another. Such as mining or buying altcoin at the time of ICO. You do not have to worry you will benefit later. If you want to trade do not invest all your bitcoin .. save some .. to reduce the losses that will occur. If you store bitcoin you will get benefit in the future without you work.
Sometimes we are not cut for an activity, it does not matter how much I love basketball if I'm only 5 feet tall, I’m never going to be able to be a professional player, so I think if trading is not for you then you should try to look for something else that makes you profits.
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August 03, 2017, 12:38:21 AM
 #1585

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.
Yeah you're correct. For us to become a good trader, we need to learn to our past mistake and we need to correct it. Losing in the trading is part of being a trader. There is a time that we earn money and there is a time that we lose our money. It is normal in the trading world.

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landslide
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August 03, 2017, 01:03:51 AM
 #1586

trading cybercurrencies is just like trading penny stocks, it is fun but don't be too serious

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August 03, 2017, 01:16:15 AM
 #1587

trading cybercurrencies is just like trading penny stocks, it is fun but don't be too serious
Cybercurrencies are you thinking before you post a comment penny stocks is too far miles different in cryptocurrency trading . A trading activity is a serious matter and its not just a game or a penny stocks . Better to read the OP and the tittle itself before you post a nonsense out topic post.

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August 03, 2017, 06:54:05 AM
 #1588

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.
Even though you have lost around 7 BTC,still i think that you would have got a valuable lesson of where to invest and where not.With that experience,you could continue trading or else,you could save your bitcoins in your wallet in cold storage for some months since bitcoin price is rapidly increasing.

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August 03, 2017, 10:44:41 AM
 #1589

it's really wise choose!

hold BTC rather than trade!!

/done/.
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August 03, 2017, 04:34:54 PM
 #1590

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.

I would recommend looking into Funding through an exchange such at Bitfinex. You can loan your bitcoins for users placing short position in return for between 0.3-0.75% interest per day. With 40+ BTC that can generate a handsome return month on month. Its low risk and consistent returns.

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August 03, 2017, 04:47:27 PM
 #1591

I've noticed when it comes to trading cryptocurrencies many people seem to expect to earn from it with little experience, whereas in forex this wouldn't be the case. I guess cos it's so bullish and so much completely uninformed money in it atm it is profitable, but I think in years to come only people with a more traditional trading expertise will be profiting long term from it.

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August 03, 2017, 05:30:57 PM
 #1592

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.

I would recommend looking into Funding through an exchange such at Bitfinex. You can loan your bitcoins for users placing short position in return for between 0.3-0.75% interest per day. With 40+ BTC that can generate a handsome return month on month. Its low risk and consistent returns.
According to me giving loan also risks it's huge money why simply take the risk. My suggestion is to hold your coins in your wallet don't do anything with that coins if you don't have trust on any thing. The same coins will return your loss back within few months. People are expecting this year end price of the bitcoin will cross $3k, so if it happens, you will gain back your loss.


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August 03, 2017, 06:19:16 PM
 #1593

im trying to quit as well.trading giving me more stress than my wife.i think its my biggest addiction after cigarettes.



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PlanetOfBets
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August 03, 2017, 11:14:39 PM
 #1594

im trying to quit as well.trading giving me more stress than my wife.i think its my biggest addiction after cigarettes.

You are absolutely right, and constantly looking at the same screen constituted serious health problems, I have problems in the eye and eye, and my neck is very sore at the same time.

nasqar
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August 04, 2017, 12:56:27 AM
 #1595

NOOOOOO,
get back here. You will miss it, it is just growing and it ll be better next year. You will definitely miss it
Natalim
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August 04, 2017, 01:13:37 AM
 #1596

im trying to quit as well.trading giving me more stress than my wife.i think its my biggest addiction after cigarettes.

You are absolutely right, and constantly looking at the same screen constituted serious health problems, I have problems in the eye and eye, and my neck is very sore at the same time.
If trading is not good for you then you should not be a day trader, you can still trade for long term like holding your bitcoins or altcoins
and wait for the time it will start to pump and that is your time to dump what you have, the result is still profit.

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Kasabus
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August 04, 2017, 01:21:50 AM
 #1597

NOOOOOO,
get back here. You will miss it, it is just growing and it ll be better next year. You will definitely miss it
Even if there are plenty of opportunity to make money here but it does not mean everyone who enter
trading will be rewarded. I guess we need to fully understand that the risk is still there and trading does not guarantee free money.

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rockyboy
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August 04, 2017, 01:28:31 AM
 #1598

I am not quitting because i haven't started it yet. I want to trade also like others do. Upon learning that you can also earn in trading motivates me to invest also in trading but need to know the do's and don'ts as a trader.

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BitFarmer75
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August 04, 2017, 01:48:27 AM
 #1599

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.

buy more alt coins! I am a bit of a fan boy of umbrella coin here (https://www.umbrellacoin.org/).  But I'll give them a good look.
zoomzoom
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August 04, 2017, 04:04:44 AM
 #1600

NOOOOOO,
get back here. You will miss it, it is just growing and it ll be better next year. You will definitely miss it
Even if there are plenty of opportunity to make money here but it does not mean everyone who enter
trading will be rewarded. I guess we need to fully understand that the risk is still there and trading does not guarantee free money.

You would assume that fewer and fewer traders will be profitable, this happens with all new and bullish markets. "Big money" will become very adept at swallowing up uninformed money. Just look at early days of Euro currency, though that established it's self much quicker than cryptos I suppose because it was actually a fiat and people could base analysis on previous events more accurately. People need to really think logically.. and that is hard for a lot of people to do.

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