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Author Topic: I quit trading  (Read 230477 times)
Nouelle-Hunter
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June 14, 2016, 02:08:01 PM
 #461

Just invest it on any investment sites if you want to gain more btc or you could just turn it to a real cash and buy some goods that you want  it might fit you.

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Adrorecia
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June 15, 2016, 08:07:42 AM
 #462

Traiding is not that hard, but it takes time. Even if you buy at high price, just wait a month, two or half a year, price will go back and even above your buying price. Buy when it's falling, sell when it's rising.

and trading is not easy as you think, some times you buying at higher price then you panic and selling your altcoin/bitcoin Roll Eyes

and some times you buying at failling ptice but the price will be failling more and more  Tongue
Quit trading will be now not that bad and that is because the value of Bitcoin is becoming more worth so that is really nice if you already have Bitcoin and maybe you can sell it maybe soon and that should be nice for you.
But the price is also now rising so maybe next year you can sell it and the halving is also coming towards to us.
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June 15, 2016, 02:32:58 PM
 #463

Quiting trading will be only nice if you cant earn more money with it and it is not that bad if you are going to quit trading because you can make another investment.
And as you can see you see also that the value of Bitcoin started to rise and that is really nice for people who already have Bitcoin.
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June 15, 2016, 02:46:55 PM
 #464

I think it is a good option if you're not good in terms of trade, I also never been stopped in trade, but in the end I come back again, because I think it could make me a profit. but if it makes you lose, I think it was the right choice, because it can make bitcoin that you have run out if you're bad at it


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June 15, 2016, 03:16:42 PM
 #465

You lost 7BTC in 2 years trading, and you say now you have big experience. Why don't you continue to trade with that experience and make more money?

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June 15, 2016, 04:34:32 PM
 #466

You lost 7BTC in 2 years trading, and you say now you have big experience. Why don't you continue to trade with that experience and make more money?

Yeah from such a loss, one could have got a big experience of how to make trading without losses.

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June 15, 2016, 04:42:08 PM
 #467

I'd buy 20 BTC worth of $ETH lock it up and check back in the year 2018...
Settle my loans with the remaining 20 BTC

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June 15, 2016, 05:20:27 PM
 #468

You lost 7BTC in 2 years trading, and you say now you have big experience. Why don't you continue to trade with that experience and make more money?

You have a point. Experience is a great teacher they say. He may lose some bitcoins BUT he should not lose the lesson. He learned trading the hard way and shall we consider in an expensive way? Hoping he is more equip now and know the in and out of trading.

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June 15, 2016, 07:03:40 PM
 #469

You lost 7BTC in 2 years trading, and you say now you have big experience. Why don't you continue to trade with that experience and make more money?

lol and double lol !! the lesson he learned is : trading is risky and not everybody can make money out of it = 99 % daytraders are losing money !

if in 2 years he didn't make any penny from it (he lost 7 btc) = means = useless = NO TRADING !!

About your money bro : keep it till halving day (wait for 800 or 900 usd) = then sell it

buy some gold + buy some ETH and keep it for 2 or 3 years

regards Smiley


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June 15, 2016, 07:41:09 PM
 #470

I'd buy 20 BTC worth of $ETH lock it up and check back in the year 2018...
Settle my loans with the remaining 20 BTC

Thats assuming that if the ETH value remains to catch up with btc values and volume.

You wont know what happens with alt coin on a even month to month basis so I wouldnt take my chances to leaving it to 2 years.

Unless you are aware of the news that the smart contracts are being used are common, then thats a different story.

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June 15, 2016, 08:18:43 PM
 #471

Spending two years in trading just to lose money does not seem a good business, but it is undoubted that the knowledge acquired throughout those years is highly valuable.

Perhaps you should try a bit more. I have four years of experience trading forex, and my first two years I also faced multiple losses, but from the third year my accumulated experience helped me to achieve a consistent profitability.


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June 15, 2016, 08:19:35 PM
 #472

40btc buys a lot of booze and hookers
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June 16, 2016, 07:22:54 AM
 #473

Spending two years in trading just to lose money does not seem a good business, but it is undoubted that the knowledge acquired throughout those years is highly valuable.

Perhaps you should try a bit more. I have four years of experience trading forex, and my first two years I also faced multiple losses, but from the third year my accumulated experience helped me to achieve a consistent profitability.


I still confused between trading and gambling if sometime when you profit , thats almost same with what your loss . Even chance to profit is much higher. some traders only show when they got profits from trading and never count how much when they loss from a coins...

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June 16, 2016, 07:36:59 AM
 #474

2years ago (2014) bitcoin is very cheap you can buy at price under $300 you buy 47BTC= $14.100
and now the price of bitcoin is $700 you withdraw 40btc it's arround $28.000
so you still profit $13.900

it's very high profit dude.

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June 16, 2016, 11:16:47 AM
 #475

I think today is a natural thing if we come out of the trade to ensure that bitcoin we milliki not reduced. because the current bitcoin prices are rising, so this is not the time to take risks

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June 16, 2016, 11:40:16 AM
 #476

You lost 7BTC in 2 years trading, and you say now you have big experience. Why don't you continue to trade with that experience and make more money?

Yeah from such a loss, one could have got a big experience of how to make trading without losses.

I think he is talking about the experience of losing in trading not in getting from from it, by the I do not suggest to trade any more, as first he need to learn all the tricks about trade then he should have to trade.


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June 16, 2016, 12:04:51 PM
 #477

I think today is a natural thing if we come out of the trade to ensure that bitcoin we milliki not reduced. because the current bitcoin prices are rising, so this is not the time to take risks
if we take advantage of interest then it's the wrong answer. This is your chance to win greater money. if we make trades then we can get a greater profit.



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June 16, 2016, 02:46:10 PM
 #478

I think today is a natural thing if we come out of the trade to ensure that bitcoin we milliki not reduced. because the current bitcoin prices are rising, so this is not the time to take risks

it doesn't matter if the price is rising or falling for a real trader, those guys will milk the market dry and make the most profit out of any situation. so you have to try to be more like them if you can but it wouldn't be easy at all.

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BTCBinary
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June 16, 2016, 02:49:55 PM
 #479

I completely understand your decision. I had to make the same decision when betting. I kept on losing my money and it was becoming an addiction. I had to end it before I spent all my bitcoin. Luckely, I did it in time
DoublerHunter
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June 17, 2016, 02:34:10 AM
 #480

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 just hold it now for the incoming halving even though you can't recover you 7 from trading failure at least you can get that amount in your profit because the price of the bitcoin now is continue rising it's about reaching $800 before halving.

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