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Author Topic: I quit trading  (Read 230030 times)
JohnyWalkerUK
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June 17, 2016, 07:18:24 AM
 #481

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.
Quiting trading now will be not that bad and that is because you have to know that there are a lot of people that is now just holding their coin because they see that the value of Bitcoin started to rise.
So that is really nice because the only thing that they just have to do now is wait for the right moment to sell it and they can make some huge profit.
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June 17, 2016, 08:47:21 PM
 #482

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.
Nowadays it is better that he does nothing with his coins and leave them in his wallet as now we are seeing that the price of bitcoin increases much faster like in the previous month I have seen about $300 increase in the value of bitcoin per bitcoin.

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rekinthis
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June 17, 2016, 11:58:50 PM
 #483

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.

Whatever you want, however my suggestion would be to stay away from objects or items that may depreciate over time, possibly invest in something that would gain value like shares in a company or a developing business
I also suggest reading this,  https://bitcointalk.org/index.php?topic=1153888.msg12165431#msg12165431 as it may provide some useful insight that you may not have thought of before, i would strongly advise against gambling though, the amount of people that make a loss seems daunting

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June 18, 2016, 03:05:14 AM
 #484

well, first of all i want to say congrats for OP, you up ahead 7 btc from your total initial balance. i think you should hold your btc for now because btc price still rising until now  (but dunno if OP already sold all his btc). if you ask me how to do with your money now, im just can give you suggest ,"do whatever you want, because its your money" Grin

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June 18, 2016, 05:40:58 AM
 #485

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.
I will not suggest him to cashout his coins right now, it is totally a wrong opinion that a person in this time convert his coins to fiat , as now the month of halving is going to start and in that month he will get much more profit that what he invested.



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June 19, 2016, 09:24:26 AM
 #486

I quit trading cause i learn that you can earn money by just simply posting in a thread in joining an signature campaign.you can earn much bitcoin by not using your funds.you can profit from none to more.
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June 19, 2016, 12:57:24 PM
 #487

I quit trading cause i learn that you can earn money by just simply posting in a thread in joining an signature campaign.you can earn much bitcoin by not using your funds.you can profit from none to more.
in fact today it is quite appropriate choice, it's because so many altcoin prices are down, probably influenced by the current bitcoin price increases. we do not know how long prices will affect the price of bitcoin altcoin today, so I guess it was a very good decision. in addition, you can also hold bitcoin that you have to prepare for when the price rose to a high again

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June 19, 2016, 02:08:59 PM
 #488

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.
I think trading is the more easiest way to increase our coins and when the OP is not able to earn even with Trading, then I do not think that he will be able to earn from any other investment, but waiting for the halving is one choice for him.



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June 19, 2016, 04:07:44 PM
 #489

lost at bitcoin trading, altoin trading, forex etc is a normal, the main problem is can you use the lost as experience and don't do it again.
each experience make your skill growing, and make your trading more safe.

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June 20, 2016, 04:20:28 PM
 #490

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.
Quit trading will be not that bad if you can make some profit with selling your coin and that is maybe possible in the future because the value of Bitcoin started already to rise.
And it should be nice if there will be more people that is going to have some profit with Bitcoin soon.
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June 20, 2016, 04:48:30 PM
 #491

lost at bitcoin trading, altoin trading, forex etc is a normal, the main problem is can you use the lost as experience and don't do it again.
each experience make your skill growing, and make your trading more safe.
Yes ,i agree chief most of traders who lose at trading is the one who thinks to quit but the key to win on trading is experience the longer time you do trade and losing there's a lesson a nrw technique to know there.

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June 25, 2016, 04:11:33 PM
 #492

i think it is the best time to invest your money here in bitcoin. bcause i can see that still the market has the potential and the rate will increase in coming days. if you dont want to invest here then invest your money in gambling but here is also a chance of loosing your money. so you should then invest your money in stock exchange you can make money there.
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June 25, 2016, 08:26:42 PM
 #493

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.
I think trading is the more easiest way to increase our coins and when the OP is not able to earn even with Trading, then I do not think that he will be able to earn from any other investment, but waiting for the halving is one choice for him.

yeah, it is much easier to trade in bitcoin, but there are some points which everyone should have to learn before starting trade, with that he will beable to earn better profit.

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June 25, 2016, 10:41:43 PM
 #494

It's very hard to make money in BTC trading for short trading even you work for it full time. You need to do long term trades, it should increase your trading accuracy.

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June 26, 2016, 06:38:36 AM
 #495

hold them for long time when the price is up, just sell them.
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June 26, 2016, 12:15:08 PM
 #496

hold them for long time when the price is up, just sell them.

That's the right way to get profit. But that's not possible everytime, also on long time holding. In my view its better to have close observation of price increase and end your holding based on price fluctuations.

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June 26, 2016, 03:11:06 PM
 #497

hold them for long time when the price is up, just sell them.

I have hold the bitcoin for more than 3 years already. I did not sell any. I do not watch the price all the time.

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hawkins
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June 26, 2016, 05:37:04 PM
 #498

hold them for long time when the price is up, just sell them.
you're right, it was not trading, but you can use it to make you produce bitcoin without trade. if you're already tired to trade, or run other businesses, may hold bitcoin is currently the best way to earn a living

rickadone
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June 26, 2016, 08:16:46 PM
 #499

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.
Quiting trading now will be not that bad and that is because you have to know that there are a lot of people that is now just holding their coin because they see that the value of Bitcoin started to rise.
So that is really nice because the only thing that they just have to do now is wait for the right moment to sell it and they can make some huge profit.
But sometimes there occur very big pumps and dumps so in that hour when someone will do trade, will earn a good profit just like in the previous some days when the price suddenly dropped down to about $580 and the traders started to buy as much as possible and now they earned.

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Newcoins2020
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June 26, 2016, 09:55:48 PM
 #500

hold them for long time when the price is up, just sell them.
you're right, it was not trading, but you can use it to make you produce bitcoin without trade. if you're already tired to trade, or run other businesses, may hold bitcoin is currently the best way to earn a living

While holding you can still profit from bitcoin as an investment purpose. The best thing is you have no stress about prices or have to watch the prices every day.
Just continue your daily things.
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