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Author Topic: I quit trading  (Read 228456 times)
8Habits
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October 31, 2017, 06:59:15 AM
 #2081

I wish I had 40 BTC! So you've discovered trading is not as easy as it sounds. The human element of emotion makes most people fail at trading. The natural emotional inclination is to buy when it's going up (fear of missing out), and sell when it's gone down a lot (fear of losing even more).  Unless you are a human robot you will always struggle with these emotions.

Isn't it amazing how 40 BTC is worth so much now? I mean compared to when you could mine that on a standard PC in a day, we have come a long way. I think there are big issues with the way that Bitcoin is headed though. At least as long as transaction fees stay this high and this slow, we cannot expect it to go mainstream anytime soon.

Those early adopters of bitcoin that were able to manage their emotions and stayed more patient and continue accumulating bitcoins are really now very wealthy and living the dreams Smiley

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October 31, 2017, 07:32:33 AM
 #2082

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.
No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up.

Yes, I think he should give up now. 40 BTC = $244,000.00. Wowww! That's a big amount of money. Let do anything he wants, traveling around the world, betting on football or horse racing,... Cool

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October 31, 2017, 10:18:19 AM
 #2083

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 think you should invest all your money now in bitcoin mining. I think you can build a mining farm in this amount of money. try to calculate all the things like the price of electricity in your area and try to buy a good miner which will give you good per day profit and this will give you time to manage income and this will also give you time to spend in life for your loved once. Mining has a large amount of profit that trading. Mining is the best option for you i think to invest in.

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October 31, 2017, 10:37:38 AM
 #2084

I think you got loss in amount of BTC because you can not control emotion yet in trading. And if not able to control emotion, quit from trading is good decision so that not get loss bigger amount. And by  hold BTC and ETH is good choise to make profit in crypto market.

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October 31, 2017, 12:36:11 PM
 #2085

Let me just think what I could do with 47BTC at their current value.
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October 31, 2017, 01:06:12 PM
 #2086

This isnt an easy solution for the problem, because at trading is where anybody can make easy money with some risk, sure a lot people had lost more then won, sound like gamble, trading is plenty of opportunities as well risks, there is no way to predict and with bitcoin ride a lot people are burning money at the moment, expecting a possible reajust and recover from altcoins once the forks ends.

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October 31, 2017, 01:51:04 PM
 #2087

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.
That would be right in most cases, but some time we must stop for a second and think if we are good in it and is that job for us. Not everyone is born to be a trader. There are a lot that person needs to know before entering  Bitcoin trading world. Some time its oke to step away, we are not made for everything.

Actually the trader is not a talent of a born trader, because it is a technique where if we have a desire for more advanced or have the desire to get bigger in order to become a trader then it will definitely case. Traders need good analytical techniques as well as thought-provoking, if not then it'll be experiencing a very bad thing and surely only losses that we get.profit will always be obtained if you want to learn about trading with either.
 

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October 31, 2017, 01:56:04 PM
 #2088

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.
Don't quit man, every people has their own loss. But after that fail you will have more experience to face with it. Then improve yourself to make it success in the next time.
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October 31, 2017, 03:44:55 PM
 #2089

It is true no loss no gain. Its happen with you if you have bitcoin with you at present you can give some time to bitcoin the value / rate will increase and you will get the opportunity to compensate your losses.

And also you have the experience of trading no what to do and what not to do so recover the losses and wait for the perfect timing to enter and make the fruitful returns.
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November 02, 2017, 10:39:00 AM
 #2090

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.
No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up.

Yes, I think he should give up now. 40 BTC = $244,000.00. Wowww! That's a big amount of money. Let do anything he wants, traveling around the world, betting on football or horse racing,... Cool
I must say that this is not a good thing to quit. There is famous quotation “Never give up”. You actually keep on working and trying hard. Only then you’ll be able to achieve what all you actually want to achieve. If you will lose hope, then this will only add more troubles for you and it will do nothing in your favor. So you actually need to be well prepared for all the things so that you can avoid failure.

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November 02, 2017, 10:15:44 PM
 #2091

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.
No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up.

Yes, I think he should give up now. 40 BTC = $244,000.00. Wowww! That's a big amount of money. Let do anything he wants, traveling around the world, betting on football or horse racing,... Cool
I must say that this is not a good thing to quit. There is famous quotation “Never give up”. You actually keep on working and trying hard. Only then you’ll be able to achieve what all you actually want to achieve. If you will lose hope, then this will only add more troubles for you and it will do nothing in your favor. So you actually need to be well prepared for all the things so that you can avoid failure.
Very true. People give up way too early and easily and don't really try to reach their full potential for some reason, even though everyone is capable of achieving things beyond their wildest imaginations.

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November 03, 2017, 07:47:06 PM
 #2092

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.
No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up.

Yes, I think he should give up now. 40 BTC = $244,000.00. Wowww! That's a big amount of money. Let do anything he wants, traveling around the world, betting on football or horse racing,... Cool
I must say that this is not a good thing to quit. There is famous quotation “Never give up”. You actually keep on working and trying hard. Only then you’ll be able to achieve what all you actually want to achieve. If you will lose hope, then this will only add more troubles for you and it will do nothing in your favor. So you actually need to be well prepared for all the things so that you can avoid failure.
I don't think just a big loss is enough to make a real trader give up their journey. Every day, there are many traders become the loser and lost a huge amount of money, even lost their house. But, I have see those people did not give up, they research new chance and comeback the market. Never give up, you will have good result, do not boring and give up your way.



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ss1980
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http://aaacoin.us


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November 07, 2017, 02:52:01 PM
 #2093

A friendly reminder that AAA COIN is now listed on exchange and can be traded here:
https://stocks.exchange/trade/AAA/BTC
weredo911
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November 07, 2017, 07:02:52 PM
 #2094

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.
No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up.

Yes, I think he should give up now. 40 BTC = $244,000.00. Wowww! That's a big amount of money. Let do anything he wants, traveling around the world, betting on football or horse racing,... Cool
I must say that this is not a good thing to quit. There is famous quotation “Never give up”. You actually keep on working and trying hard. Only then you’ll be able to achieve what all you actually want to achieve. If you will lose hope, then this will only add more troubles for you and it will do nothing in your favor. So you actually need to be well prepared for all the things so that you can avoid failure.
I don't think just a big loss is enough to make a real trader give up their journey. Every day, there are many traders become the loser and lost a huge amount of money, even lost their house. But, I have see those people did not give up, they research new chance and comeback the market. Never give up, you will have good result, do not boring and give up your way.
Yes, I agree with you. He should not quit trading. He still has budget and chance to start investing again. Let choose potential other coins, he will succeed

bravetheheat
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November 07, 2017, 07:19:10 PM
 #2095

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.

Hi, I think you don't use any technology or algorithm for trading, just play cryptocurrency by your personal feeling. The better way to trade is to design algorithm to capture those opportunities in markets, and most of operation are done by computer, otherwise, you trade history wouldn't be only 47BTC

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degaga15
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November 07, 2017, 07:56:08 PM
 #2096

why stop ?
man will never be satisfied, seek as much as possible. with that much btc you can buy everything you want, but do not forget alms. with 7 btc very much.

xKARELx
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November 07, 2017, 08:27:52 PM
 #2097

you must open your ico and show the world your idea and your unreal possibilities with such money. Do not rush and think carefully so as not to lose everything at once)

BTCMILLIONAIRE
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Blocklancer - Freelance on the Blockchain


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November 07, 2017, 08:30:31 PM
 #2098

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.

Hi, I think you don't use any technology or algorithm for trading, just play cryptocurrency by your personal feeling. The better way to trade is to design algorithm to capture those opportunities in markets, and most of operation are done by computer, otherwise, you trade history wouldn't be only 47BTC
Most people are incapable of creating a successful trading algorithm that can outplay the market, which is why they're not common.

Mukulislam
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November 08, 2017, 02:09:46 PM
 #2099

I think if you lost in trading.. then i would suggest you not to go with gambling at all.. Because gambling are more risky than trading... Quitting trading is a personal matter even though it may discourage other traders from the most rewarding filed of opportunities.
donnistarkus78
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November 08, 2017, 02:19:23 PM
 #2100

Right decision you had, trading causes only losses
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