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Author Topic: I quit trading  (Read 241482 times)
Barbarian
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October 12, 2017, 03:23:09 AM
 #1961

So how do you feel now is a good time for trading? Or a good time has already passed. And in general, how to start trading? Where should I start?
The place to start to trade bitcoins is to look at some videos on youtube about trading, then read a few books about the subject, trading bitcoin is no different than trading forex, so read those books and finally, begin to practice in a platform you like, after some time you will be ready to begin to trade.

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PETES
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October 12, 2017, 05:52:17 AM
 #1962

You are one damn lucky guy , having 40bitcoins is too much. I am sorry that you lost some of your initial investment though.

I suggest you cashout 70% of your bitcoins then use the remaining 30% to trade.don't give up  this time.

Yes correct.
OP you still have a good profit even you lose some. You know its part of trading and you're not the only one here to lose some money. But in the end of the day, they still go on and make another day of trading more productive.

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October 12, 2017, 06:49:56 AM
 #1963

I have quit trading also. I mean you are stressed all the time and a wrong entry can block you for weeks if not months. Better to buy and hold for x months. Eventually it will turn our way.

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October 12, 2017, 07:26:45 AM
 #1964

not bad, you can spend your money to buy BTC when it will cost 1000-2000$, it will be good deal
There are still so many ways with which you can earn a very good amount of money in the world of bitcoin. It is a very good idea to quit trading and that in that case when you are suffering a loss in trading. You can sit back calmly and can hold you bitcoins for some time. This will help you earning a very good amount of profit by next 3-5 years.



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October 12, 2017, 07:33:58 AM
 #1965

I have quit trading also. I mean you are stressed all the time and a wrong entry can block you for weeks if not months. Better to buy and hold for x months. Eventually it will turn our way.

It's good to buy a good coin and hold for a long time, that's exactly why I participated in Cryptogene's ICO.
But the above does not replace trading.  Trading is the best, but the worse if you follow trends and fail to carry out a critical research before entering a position.

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October 12, 2017, 08:15:49 AM
 #1966

Trading is not for everybody so it is normal to see a quitter who quit trading because of the lack of knowledge or skill to continue doing it and he or she can't earn anymore because he or she can't really do it because of the difficulty of trading for her or him and that is alright because quitting is the best way to start again for another journey.



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October 12, 2017, 11:41:03 AM
 #1967

I will help answer your questions, I think all you have to do is do business, learn from successful people who are entrepreneurial, how to walk them to be successful and learn what things will make us fail. Wink
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October 12, 2017, 11:45:14 AM
 #1968

Trading is not for everybody, knowing ones limits and strengths is a major step to success. Quitting,knowing trading isn't for you, gives you the time to explore other options,and saves you a lot of stress and resources.

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October 12, 2017, 11:45:33 AM
 #1969

Margin trading is a dangerous thing to get into to Tongue

I keep myself to regular trades and try to do it conservatively. I wont go all in for huge gains but that means i don't lose much either when it goes wrong. Balanced approach
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October 12, 2017, 12:28:46 PM
 #1970

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.


In trading bitcoins one must be mindful about certain factors, such as the person or people you are having a deal with and if the product, service or bitcoin itself is legit. Let's admit that because of the value of bitcoins, many scammers were born.

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October 14, 2017, 05:15:28 AM
 #1971

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.


In trading bitcoins one must be mindful about certain factors, such as the person or people you are having a deal with and if the product, service or bitcoin itself is legit. Let's admit that because of the value of bitcoins, many scammers were born.
Trading is no doubt an art and not everyone is an artist. This is what I was taught while learning the basics of trading. I don’t think so that someone who knows how to trade well will make such kind of decision. Quitting is the job of those who are either new to trading or not have this much heart to afford losing. You need to be brave if you want to excel in trading.

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October 14, 2017, 05:43:25 AM
 #1972

So how do you feel now is a good time for trading? Or a good time has already passed. And in general, how to start trading? Where should I start?
The place to start to trade bitcoins is to look at some videos on youtube about trading, then read a few books about the subject, trading bitcoin is no different than trading forex, so read those books and finally, begin to practice in a platform you like, after some time you will be ready to begin to trade.
I have the same opinion regarding trading. Trading is dependent on numerous factors and it requires to keep eye on many things if you want to be successful in trading. I don’t like and suggest trading especially for collecting bitcoin.

If you have good market knowledge still without practice and experience you are nothing. Trading requires a lot of wisdom, you need to make right decisions at right time.


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rayneh
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October 14, 2017, 06:27:43 AM
 #1973

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.


In trading bitcoins one must be mindful about certain factors, such as the person or people you are having a deal with and if the product, service or bitcoin itself is legit. Let's admit that because of the value of bitcoins, many scammers were born.
Trading is no doubt an art and not everyone is an artist. This is what I was taught while learning the basics of trading. I don’t think so that someone who knows how to trade well will make such kind of decision. Quitting is the job of those who are either new to trading or not have this much heart to afford losing. You need to be brave if you want to excel in trading.
Suppose if you are not taking risk you cannot do trading because trading need effort which you need to have if you are not having effort for trade then you cannot trade so in the last moral is that. Gain the skills in teenage while you will never learn.


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morgan4140
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October 14, 2017, 08:59:55 AM
 #1974

put the remaining money to some ICO, or spread them on several. I think completely withdraw from the trade is not worth it.

websoftwareengineer
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October 15, 2017, 03:44:23 AM
 #1975

I have quit trading also. I mean you are stressed all the time and a wrong entry can block you for weeks if not months. Better to buy and hold for x months. Eventually it will turn our way.

You not really need to quit trading because you lost your profit once. Try to hold your coins for a little bit longer till the value increase again. You can still work on campaigns while waiting for your coins to increase its value or rather build a mining hardware and earn coins passively while waiting for the market price to increase again.

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October 15, 2017, 05:09:31 PM
 #1976

Congratulations on your journey, you can now enjoy life and spend your money wisely!
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October 15, 2017, 05:19:27 PM
 #1977

I have quit trading also. I mean you are stressed all the time and a wrong entry can block you for weeks if not months. Better to buy and hold for x months. Eventually it will turn our way.

You not really need to quit trading because you lost your profit once. Try to hold your coins for a little bit longer till the value increase again. You can still work on campaigns while waiting for your coins to increase its value or rather build a mining hardware and earn coins passively while waiting for the market price to increase again.
Agreed, he didn't really quit trading since he's still saving crypto and waiting for the moment where it's price will go up so he would be able to sell it. He's like doing trading with a lot of HODL rather than instantly buying and selling.
Anyway, patience is one of the best characteristic you can have and somehow emotions since he may be able to touch his coins and sell it early once he hears a news about it going down.

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October 15, 2017, 05:41:11 PM
 #1978

put the remaining money to some ICO, or spread them on several. I think completely withdraw from the trade is not worth it.
Be careful with ICO's there are plenty of scam out there make sure you made all the research before investing. I prefer investing in bitcoin alone and those existing altcoins that has been around and has a real use.

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October 15, 2017, 06:29:07 PM
 #1979

put the remaining money to some ICO, or spread them on several. I think completely withdraw from the trade is not worth it.
Be careful with ICO's there are plenty of scam out there make sure you made all the research before investing. I prefer investing in bitcoin alone and those existing altcoins that has been around and has a real use.
You are right there are really lots of scam ICO out theres which we should really be aware on investing on them and we should really make some research first.Back into the topic i would say OP do really have a hard time on improving his trading skills which turn out that hes still on negative inspite on having long years of trading already.Quiting might be a valid reason if things doesnt really work out.

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October 15, 2017, 11:12:51 PM
 #1980

We love trading, we live with it and this is in our soul even we lose we keep hope to be winners one day but just be patient

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