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Author Topic: I quit trading  (Read 241513 times)
Carlsen
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September 18, 2017, 07:33:46 AM
 #1821

With trading I always had the impression that I missed some chances, sold too early, bought too late.
That brought me under some kind of pressure to make things better, what made my success even smaller in the end.
I still buy and sell, but I would not call it trading anymore.
It's more rearranging the investment in crypto currencies that I have, based on my long term expectation into the individual coins.

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September 18, 2017, 08:06:04 AM
 #1822

I think emotion is really a hindrance when it comes to trading. Actually you gain a lot more than you lose. Gaining a lot of knowledge is much compare to losing a part of your invest. If you didn't learn anything at all then perhaps you are not serious in trading.

Emotions and greed are the two main enemies of successful trading. When I was a beginner, I also made mistakes. But then I realized that it is better to trade less risky, but it is guaranteed to have 1-5% per day

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September 18, 2017, 02:29:36 PM
 #1823

I think emotion is really a hindrance when it comes to trading. Actually you gain a lot more than you lose. Gaining a lot of knowledge is much compare to losing a part of your invest. If you didn't learn anything at all then perhaps you are not serious in trading.

Emotions and greed are the two main enemies of successful trading. When I was a beginner, I also made mistakes. But then I realized that it is better to trade less risky, but it is guaranteed to have 1-5% per day
  yes I agree with you better get 1 to 5% per day and small risk than to get 50-100% profit but big risk. 1-5% per day is very much especially if you have a capital of about BTC10.

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September 18, 2017, 11:20:47 PM
 #1824

I will quit only when i find trading is not belong to me and  trading is not my skills. Then even if i tried my best and done well but i can see that it is not enough. With that, i will quit trading.


I will suggest him the same that there is nothing do be sad upon or being regretful. You are courageous at least if you tried trading for making money for yourself and your family. No need to stay distressed rather keeps your coins and waits until they reach your targeted value.


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September 19, 2017, 01:06:36 AM
 #1825

40 bitcoins?  Nice... why not hold? Why sell?  Just because you're not trading doesn't mean you have to give up your position...

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September 19, 2017, 01:28:07 AM
 #1826

You should never quit trading because trading is the bestway to become rich. Trading is risky but if we have a lot of knowledge and we have a good trading skill, I know that we can earn big amount of income.

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September 19, 2017, 06:45:29 AM
 #1827

It's a good thing that you already know that trading isn't good for you so maybe just hold your btc or do buy and sell bitcoin and not altcoins.
I know, just look at all the crazy movements that bitcoin has done in the last 72 hours, I know that will go crazy to try to see when the market is going to turn around, I would have probably lost a lot of money that is why I prefer to hold and let the traders and speculators worry.
Indeed! This is not the right time of selling off bitcoins because we all know that bitcoins are supposed to increase in price before the end of current year, so no need to panic and sell off bitcoins at low prices. Bitcoins are the legends of the crypto market and they have never been failed to meet our expectations.


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September 19, 2017, 03:28:56 PM
 #1828

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.
Simply put your bitcoin in your wallet and hold it maybe someday you can realize you win the game and if you want try to invest it in a legal way. There are many investment there but you need to look at its business reputation if your money will be safe.
You are absolutely right. I think if your luck is not going to be in your favor in case of trading, then you need not to continue doing trading for at least some period. You can hold your coins in order to remain safe. Go and learn the things about trading in a well manner. After that if you want to continue doing trading, and then go for it.
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September 19, 2017, 03:43:28 PM
 #1829

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.
It seems to be a good amount that you got ,you do have a lot of options to explore with, but to be honest investing and trading seems to be the best option for one to earn on a bigger basis. 40 btc is a big amount of money and make a good decision which will help you, maybe you can buy some property or put your money in stock market or buy gold.

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September 19, 2017, 07:14:38 PM
 #1830

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.

If i we're you i would still reinvest it and hold. Maybe i would spend part of it while waiting for the rest to grow or i will put up a business so that my Btc will not sleep and continue to grow.

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September 19, 2017, 08:28:27 PM
 #1831

You should never quit trading because trading is the bestway to become rich. Trading is risky but if we have a lot of knowledge and we have a good trading skill, I know that we can earn big amount of income.
Trading can be a good way to earn to become rich, yes its risky and you need patience also for to make a successful trader. If capital is low you need to be wiser for you to get profit.


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September 20, 2017, 01:14:36 AM
 #1832

You should never quit trading because trading is the bestway to become rich. Trading is risky but if we have a lot of knowledge and we have a good trading skill, I know that we can earn big amount of income.
Trading can be a good way to earn to become rich, yes its risky and you need patience also for to make a successful trader. If capital is low you need to be wiser for you to get profit.
Not just being wise because skills and knowledge will do not to be a wise. It needs a lot of determination and acceptable in your environment, because in just one minute your money can be loss or earn.


 
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Skyshark
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September 20, 2017, 01:56:49 AM
 #1833

I believe you started trading because you wanted to gain profit with what you had, and the reason why you stopped is because for 2 years you didn't get any good profit from trading. My friend I think 2 years is a bit too early to leave trading but the decision is yours to make. If you got exhausted trading your money, I suggest you buy a boat and go fishing. Kidding aside, go and take a break.

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September 20, 2017, 02:08:54 AM
 #1834

Trading is a calculated risk. If you seem to be losing more than gaining in a couple of days, try to lie low (hibernate  Grin) for a while. Study the market and timings as a spectator in the meantime.
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September 20, 2017, 02:12:42 PM
 #1835

By and by, I think it was a correct choice. On the off chance that you are simply losing cash with trading, there is no motivation to proceed with this.It's not all that simple the same number of individuals normally say, and there is no sheltered life on the off chance that you live just by trading. It's a similar when somebody supposes he can live just by trading money.In my own experience like betting, trading likewise will be pulling in traders to return once more. Along these lines, stopping won't be a perpetual end. Ideally traders will continue their trading after a few breaks.
You are very much right. I think no one out of us knows under what circumstances he quit trading. I myself have a strong believe in trading, but there comes a point when you think to quit it. I must suggest him that you need to take a good rest and then you can start it later on with more zeal.

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joganuts
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September 20, 2017, 02:47:07 PM
 #1836

-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.
If you done want to deal with trading as a firm if you way to earn , you could still consider trying to invest a part of it for you to still earn in the future. And the rest you could used it in the form of currency that you could buy things or even convert it through fuat so you could actually used. By my side is to still hold it invest it for you to experience the growth of Bitcoin in the future.

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September 20, 2017, 02:49:03 PM
 #1837

By and by, I think it was a correct choice. On the off chance that you are simply losing cash with trading, there is no motivation to proceed with this.It's not all that simple the same number of individuals normally say, and there is no sheltered life on the off chance that you live just by trading. It's a similar when somebody supposes he can live just by trading money.In my own experience like betting, trading likewise will be pulling in traders to return once more. Along these lines, stopping won't be a perpetual end. Ideally traders will continue their trading after a few breaks.
You are very much right. I think no one out of us knows under what circumstances he quit trading. I myself have a strong believe in trading, but there comes a point when you think to quit it. I must suggest him that you need to take a good rest and then you can start it later on with more zeal.
Yes we don't know exactly for what reason he is taken that decision, Trading is one type of business, and here we will get both loss and profit we have to accept it and move forward, or else we can't sustain this field. You had a bad experience in this field then take some rest and learn more about this trading and come back. If we lose money in gambling, we will try to recover it in trading, but if we lose money in trading, we don't have another source except for our real time work.
rtinedal
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September 20, 2017, 03:54:25 PM
 #1838

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.

this is a serious life butcoin traders. two years into bitcoin traders but you do not even have to learn that knowledge. It is more important to know knowledge in trading than your daily income. Even prof traders know that losing or losing their paycheck. I just advise you not to let the bitcoin get you to regret that the latter is more painful.

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dunfida
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September 20, 2017, 03:57:21 PM
 #1839

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.

this is a serious life butcoin traders. two years into bitcoin traders but you do not even have to learn that knowledge. It is more important to know knowledge in trading than your daily income. Even prof traders know that losing or losing their paycheck. I just advise you not to let the bitcoin get you to regret that the latter is more painful.
Yes it would really be more painful if you do see that price of each bitcoin is 5k or even more.This is why op did really decide to quit and I would say its a wise decision because 2 years time is long already and if you do see that you do still lose up then its better to stop before you do lose all of your bitcoins. 4 bitcoin loss in a matter of 2 years is already a big loss for me specially now its 4k price already.







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rtinedal
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September 20, 2017, 03:59:15 PM
 #1840

ya trading is gambling for me even I read many topic teach trade skill or how to read chart ....

You're right trading is like a gambling but trading gambling has a difference. trading more knowledge is really 80% profit in trading if you have a knowledge but your gambling loses 100% luck to win you. but the gambling is difficult to stop when you win you do not want to stop being betting if I lose you want to reverse the loser to you so there is no reason that gambling is good. This is a illegal process of multiplying your bitcoin.

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