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Author Topic: I quit trading  (Read 240635 times)
8Habits
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November 13, 2017, 11:58:03 PM
 #2121

Trading requires a lot of work - it's definitely not easy money.
However, once you get the hang of it, you choose the right platform and set up a good channel for information, then trading will become easier.
Don't get me wrong, it will still take years to actually STOP losing money and slowly, occasionally, make some money.
Good luck!

That is right mate. Trading is a skill and needs to have time and dedication to make winning trades. You need to do your share of research before even executing your first trade otherwise, you are just gambling and not really trading.

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November 14, 2017, 12:42:18 AM
 #2122

why you should quit ? Without strategy you wont earn some good money. And that is very important, otherwise you will lose it and that will be not good.

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November 14, 2017, 01:19:56 AM
 #2123

Who cares about your story?what to do with your money?send it to me lol..anyway quitters dont win thats for sure .but i do believe you will be back here in crypto because theres no easy way to become a trader but here..and being a trader wasnt easy coz u need lot of resources to be called as trader while here you just need a small amount to be one

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November 14, 2017, 01:22:17 AM
 #2124

Once the markets correct to the point where they reflect fundamentals, ETH will be nowhere close to reaching the level of Bitcoin's market capitalization.

We've already tried currencies with reversible rules and adjustable inflation rates. Now the World is ready for more.
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November 14, 2017, 05:00:27 AM
 #2125

I suggest that you invest it in other currencies. At the end of the day, you are the one who will decide on how you will spend your savings.

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November 14, 2017, 06:02:00 AM
 #2126

I suggest that you invest it in other currencies. At the end of the day, you are the one who will decide on how you will spend your savings.
That is not necessary because he has a great amount of bitcoin and by holding it he can already get a bigger return.
This year is a success, the price has increase significantly and this will continue in the future, at least by holding it's less hassle as you do not need to study the market actively just like traders are doing.

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November 14, 2017, 07:21:02 AM
 #2127

why you should quit ? Without strategy you wont earn some good money. And that is very important, otherwise you will lose it and that will be not good.

He has a strategy but unfortunately it does not work well so he decided to quit to cut his loses rather than continuing that might lose all his money.
Everyone has different ways and strategies, in my case I would only quit trading if I lose all my money intended for trading, it's  like setting up a bankroll in gambling, you only stop when your bankroll will be wipe out, beside you spend what you can afford to lose only.

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November 14, 2017, 07:54:37 AM
 #2128

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 would you stop trading when you are still losing, 7btc is a big deal because if you are going to convert it into money it is a big amount already? why not try to wait for a few months and chill for awhile before you do trading again? anyway, trading is so much better than gambling.

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November 14, 2017, 08:05:53 PM
 #2129

I am seeing many people are very much interested with gambling on bitcoin but it's waste of time and waste of money as well. Only everything is based on the luck only. Trading is steady profit then that but bit risky. Altcoin trading is much riskier than bitcoin trading. Most altcoin are scam anyway. You cannot hold them for long term.
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November 14, 2017, 11:44:11 PM
 #2130

I suggest that you invest it in other currencies. At the end of the day, you are the one who will decide on how you will spend your savings.
Just don't quit trading right? But if he did experience worst in trading and he can't take it any longer that's the time for him to decide and just quit trading. Traders who are giving up with their trading experiences are the ones that can't do it anymore. They are thinking that trading is an easy thing and worst can't happen for their desire is only to have positive result.

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November 15, 2017, 03:18:04 AM
 #2131

Trading during storm is not nice,
it may give you hard lesson
But I keep it trading

I love BTC
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November 15, 2017, 03:35:26 AM
 #2132

I agree, trading is just not for everyone. And with the right kind of luck on your side you could make as much holding as you could with trading.

Yes mate, trading not for everyone. In my opinion, trading not so easy like everyone thought, it need patient and knowledge for sure. Finally luckyness also one of important thing

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November 16, 2017, 03:52:20 AM
 #2133

n'importe quoi  Sad
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November 17, 2017, 07:31:07 PM
 #2134

I suggest that you invest it in other currencies. At the end of the day, you are the one who will decide on how you will spend your savings.
Altcoin prices are very variable but Bitcoin price is more stable, I have stopped trading but if I did trading, I could only do it with a coin.



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Rainbot
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November 18, 2017, 12:06:16 AM
 #2135

I suggest that you invest it in other currencies. At the end of the day, you are the one who will decide on how you will spend your savings.
Altcoin prices are very variable but Bitcoin price is more stable, I have stopped trading but if I did trading, I could only do it with a coin.
Stop trading altcoin, yes I really understand.
Altcoin is still not stable, cause the price of BTC is getting up and altcoin is dying. hopefully next year altcoin will rise and BTC stable.

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November 18, 2017, 01:33:19 AM
 #2136

Now the question is: what the fuck do i do now with my money.

Leave it on black day, or on gold day when BTC will be cost 1000$

Nice.... Today that's costs $7000+


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November 18, 2017, 07:52:39 AM
 #2137

Trading is one of the best job to earn bitcoin yeah it like gambling you can double your bitcoin fast if you are lucky be careful and you need to limit your self how much bitcoin you can afford to loses.

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November 18, 2017, 08:37:09 AM
 #2138

Trading is one of the best job to earn bitcoin yeah it like gambling you can double your bitcoin fast if you are lucky be careful and you need to limit your self how much bitcoin you can afford to loses.
The best job only if you are profitable, however if you are not this could be the worst job as like gambling you can lose a lot of money with this kind of money making activity. You need to be a risk taker in order to last in trading and you might improve overtime if you keep working hard and learn from your mistakes.

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November 18, 2017, 01:12:23 PM
 #2139

buying and selling results won't so good every time because trading professional also have encounter to losing their cash and i believe this really is organic nevertheless that's was good choice because if you'll still carry on it you'll dropping your hard earned money once again
Trading business is not easy, if it was we all would be doing it. But if it was not profitable people would not do it at all. Some people had made small fortune with trading, bitcoin or altcoin or both. But truth is that it is profitable, if you know what your doing. For people who are not prepared to be committed to trading, and learn, they are better off. Yes in trading there are ups and downs, but if you learn quickly from your own mistakes you will not repeat them, and that is all to it.

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November 18, 2017, 02:58:22 PM
 #2140

maybe you should buy a house and rent it out or buy a car or a vacation, or do whatever you never do when trading.
but my best advice is the first.

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