Bitcoin Forum
November 24, 2017, 02:43:23 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 [99] 100 101 102 103 104 105 106 107 108 109 110 »
  Print  
Author Topic: I quit trading  (Read 230325 times)
kelseydustin
Sr. Member
****
Offline Offline

Activity: 306



View Profile
October 11, 2017, 10:07:57 AM

The question is: can anyone stop trading?? It is so addictive... But seriously, I think that if someone has a lot of money and does not know what to do with it, instead of trading he should just HODL. Pick the best projects, screen the team members, their goals, activity on social media and just hodl for some time. From my perspective, this is the best strategy when it comes to crypto. I guess technical traders will feel more secure with Forex.
Trading is not that risky or difficult job. Moreover, there is always a chance to recover the loss. The key to become successful in trading is to have some patience under bad situations. First of all, choose the right asset for investment ike bitcoin.

Hold during the dip or much better buy more coins at cheap rates and then sell some amount when the prices are high. That is all but still people get disappointed from it.
I disagree, newbie traders most often losses and trading is a totally risky for them. That's why they need to undergo this road to experience and gain some learnings along the way they trade.

Some get dissapounted because they have no contentment and always asking for more price jump and if its dumps they are dissapointed.

Some newbies always end up loosing badly because they did not even bother to know what to do in the process of trading before jumping into having experience. There is a step for everything and you need to pick each step one at a time. I have been in the newbie position before and made a lot of mistake until I searched for knowledge and realised so many mistakes I could have averted if I actually learned just a little.
That is why everyone who is into this world of trading suggests to new comers to learn the thing well before getting into trading. I must say that trading is an art and not everyone is an artist. You cannot become a successful trader until and unless you are not a learned man. So learn well, otherwise you will end up quitting trade in the early stage of your carrier.
Your point is 100 percent true bro, if someone doesn't have the skill in trading yet you should try at least learn how to do it before doing it. Losses will be there always so its better also to trade a little amount of money first since you are still in the process of learning.
I do not think that learning will make you become a good trader since in trading, there are many aspects and elements that can affect you. Whales, news, government,etc, all of them can make the market crash even when you have learnt a lot of skill in trading. You need to be wised. But not all of people are wise and wisdom can not be learnt at all. It bases on our experience Wink


              ▄▄████████████▄▄             
          ▄███▀▀▀░░░░░░░░░░▀▀▀███▄▄         
       ▄██▀▀░░░░░░░░░░░░░░░░░░░░░▀██▄       
     ▄██▀░░░░░░░░░░░░░░░░░░░░░░░░░░▀███     
   ▄██▀░░░░░░░░░░░░░░░▄▄▄▄▄█████████████▄   
  ▄██░░░░░░░░░░░▄▄█████████░░░░░░░░░░░░▀█▌ 
 ▐██░░░░░░░░▄█████▀▀▀▀▀▀▀▀▀████▄░░░░░░░░▀█▌
▐██░░░░░░▄███▀▀███████████████▀▀██▄░░░░░░██▌
████▄░░▄██▀███████▄██████▄████████▀██▄░░░▐██
██░▀████▀██████████████████████████████▄░░██
██░░░▀██▄█████████████████████████▄██▀▀██▄██
██▌░░░░▀███▄████████▀▀▀▀███████▄██▀░░░░░▀███
▐██░░░░░░░▀███▄▄███████████▄▄██▀▀░░░░░░░░██▌
 ▐██░░░░░░░░░░▀▀████████████▀░░░░░░░░░░░▄█▌
  ▀██▄▄▄▄▄▄▄▄▄████████▀▀▀░░░░░░░░░░░░░░▄█▌ 
   ▀███▀▀▀▀▀▀░░░░░░░░░░░░░░░░░░░░░░░░▄██▀   
     ▀██▄░░░░░░░░░░░░░░░░░░░░░░░░░░▄██▀     
       ▀███▄░░░░░░░░░░░░░░░░░░░░▄▄██▀       
          ▀████▄▄░░░░░░░░░░▄▄▄███▀         
              ▀▀▀██████████▀▀▀             

     
                         [ Website ]                     
     
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511491403
Hero Member
*
Offline Offline

Posts: 1511491403

View Profile Personal Message (Offline)

Ignore
1511491403
Reply with quote  #2

1511491403
Report to moderator
Barbarian
Sr. Member
****
Offline Offline

Activity: 308


Smart Money on the Ethereum Blockchain


View Profile
October 12, 2017, 03:23:09 AM

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.

PETES
Member
**
Offline Offline

Activity: 73


View Profile
October 12, 2017, 05:52:17 AM

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.

zypa
Member
**
Offline Offline

Activity: 70


View Profile
October 12, 2017, 06:49:56 AM

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.

fiomcorka
Full Member
***
Offline Offline

Activity: 235



View Profile
October 12, 2017, 07:26:45 AM

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.


Ifecostar
Member
**
Offline Offline

Activity: 70

Crypto lover, Crypto trader, Pharmacist (9.5/10)


View Profile WWW
October 12, 2017, 07:33:58 AM

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.

PrinceCaspian
Full Member
***
Offline Offline

Activity: 182



View Profile
October 12, 2017, 08:15:49 AM

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.

Andrianla
Full Member
***
Offline Offline

Activity: 182



View Profile
October 12, 2017, 11:41:03 AM

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

TrumpD
Sr. Member
****
Offline Offline

Activity: 308


View Profile
October 12, 2017, 11:45:14 AM

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.
Soutogu
Full Member
***
Offline Offline

Activity: 126


View Profile
October 12, 2017, 11:45:33 AM

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
meliodas
Sr. Member
****
Offline Offline

Activity: 378



View Profile
October 12, 2017, 12:28:46 PM

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.

            █
           ███
          ████   ▄
         ███ ███▄█▀█
        ███   ██   █
   █▀▀▀▀▀▀▀▀▀▀▀█   █▀
  █           █   █▀
 ▀▀█████▀▀▀███   █
██
    ███ █   █   █ ██
   ███   █   █ █   ███
  ████████   █████████
 ▀
▀▀▀▀▀▀▀▀▀█   ██▀▀▀▀▀▀
            █▄▄▄█
  ▄█
▄███

████    ▄
████  ▄██

████ ████
████ ████

████ ████
████ ████

████ ████
██▀  ████

    ████
     ███▀
     █▀
A  G A M I N G  R E V O L U T I O N  I S  O N  T H E  W A Y
|      FACEBOOK      |      SLACK      ▀▀▀▀      WHITEPAPER      ▀▀▀▀      TWITTER      |      TELEGRAM      |
  ▄█
▄███

████    ▄
████  ▄██

████ ████
████ ████

████ ████
████ ████

████ ████
██▀  ████

    ████
     ███▀
     █▀
zeaderza
Hero Member
*****
Offline Offline

Activity: 658



View Profile
October 14, 2017, 05:15:28 AM

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稚 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.

jonatuzc
Sr. Member
****
Offline Offline

Activity: 476



View Profile
October 14, 2017, 05:43:25 AM

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稚 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.

Bonpay
Global Blockchain Solution for Financial Freedom
Initial Token Sale ■■■ Whitepaper ■■■ Official thread ■■■ Slack
Bonpay Wallet & Сard - reliable bridge between crypto and fiat world
■■■ Always stay one step ahead ■■■
rayneh
Sr. Member
****
Offline Offline

Activity: 294


MatrixCoin - Creating Bright Future Together


View Profile
October 14, 2017, 06:27:43 AM

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稚 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.


██████████              █████           
████████████          ███████         
███        █████          ███████         
███        █████          ███████         
████        ██████      █████████       
██████            ██████████      █████████       
█████            ██████            ████        ██      █████████       
█████            ██████            ████        ███  ███████████     
█████            ██████            ████        ███  ███████████     
███                                      █████████████████  ███████████     
███    ███    █████              ██████████  ████████████  █████████   
███    █████              ██████████  ████████████  █████████   
█████              ██████████  ████████████  █████████   
██████            ███      ███████████      ██████████ 
██████            ███      ███████████      ██████████ 
██████            ███      ███████████      ██████████ 
██████            ██          █████████          ██████████
██████████          █████████          ██████████
██████████          █████████          ██████████
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
██
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █
█  ██  █

█  ██  █

█  ██  █

█  ██  █

█  ██  █

██
   
➤  TWITTER
➤  FACEBOOK
➤  INSTAGRAM
morgan4140
Member
**
Offline Offline

Activity: 84


View Profile
October 14, 2017, 08:59:55 AM

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

websoftwareengineer
Member
**
Offline Offline

Activity: 70


View Profile
October 15, 2017, 03:44:23 AM

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.

  GETTING LOST IN THE SEA OF CRYPTOCURRENCIES? CHOOSE PLAYKEY TOKEN! 
PLAYKEY.IO ◇  DECENTRALIZED CLOUD GAMING PLATFORM 
[ Website ]  [ Reddit ]  [ Medium ]  [ Twitter ]  [ LinkedIn ]  [ Telegram ]  [ BitcoinTalk ]  [ Facebook ]
Rebellious
Jr. Member
*
Offline Offline

Activity: 56

Join the Rebellion!


View Profile WWW
October 15, 2017, 05:09:31 PM

Congratulations on your journey, you can now enjoy life and spend your money wisely!

Jemzx00
Hero Member
*****
Offline Offline

Activity: 602


Campaign Manager !! Hire Me :)


View Profile WWW
October 15, 2017, 05:19:27 PM

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.

█████████████████████████████████████████████████████
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄███▄▄▄███▄▄▄▄▄▄▄▄▄███▄▄▄▄▄▄▄▄▄▄███
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
████████████▀███▀████████████████████████████████████
█████████████████████████████████████████████████████
████████████▄███▄████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
█████████████████████████████████████████████████████
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███
█████████████████████████████████████████████████████



██        ███         ███                         ███
███        ▀▀▀  ███    ███                         ▀▀▀
███████▄   ███  █████  ███     ▄█████▄   ▄█████▄   ███   ▄█████▄
██  ▀███  ███  ███▀▀  ███    ███▀ ▀███ ███▀ ▀███  ███  ███▀ ▀▀
██   ███  ███  ███    ███    ███   ███ ███   ███  ███  ███
███  ▄██▀  ███  ███    ███    ███▄ ▄███ ███▄ ▄███  ███  ███▄ ▄▄
███████▀   ███  ▀████  ▀████   ▀█████▀   ▀███████  ███   ▀█████▀
                                         ▄▄   ███
                                        ▀██████▀
||
b
..........COUPON CODE..........
[ OFIE-2AHG ]
for 100% First Deposit Bonus
|
yoonah
Full Member
***
Offline Offline

Activity: 196


Green Mining 85% Cheaper


View Profile
October 15, 2017, 05:41:11 PM

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.

Zadicar
Hero Member
*****
Offline Offline

Activity: 756



View Profile
October 15, 2017, 06:29:07 PM

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.

Pages: « 1 ... 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 [99] 100 101 102 103 104 105 106 107 108 109 110 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!