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Author Topic: I quit trading  (Read 241662 times)
romero121
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July 24, 2016, 04:36:48 PM
 #581

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.




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vasrasus
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July 25, 2016, 09:05:29 AM
 #582

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

From my experience, it is very difficult to get the timing right for buying and selling. It is better just to hold.

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BTcoint
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July 25, 2016, 12:56:36 PM
 #583

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

From my experience, it is very difficult to get the timing right for buying and selling. It is better just to hold.
alts coin & btc usd is confused right so you are it is a risk that one should take toward new coin like ETC

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airsounds
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July 26, 2016, 09:50:44 AM
 #584

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.

trading is best way to earn more bitcoins so i don't really know what to offer for you now, maybe try mining but if you don't have cheap electricity it won't give profit

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July 26, 2016, 01:13:50 PM
 #585

You look like some businessman who needs his money work on him and bring the profit. I can suggest you nothing to do with your money, I just don't know. You payed good for the lesson about trading and you don't wish to pay more, so why not just to invest it in some real business as papers of some company?
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July 26, 2016, 11:19:20 PM
 #586

If I had 40BTC, I would keep it till the next halving before selling. It would have reached ~ $1000 by then, the profit margin would simply be awesome!
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July 27, 2016, 01:44:29 AM
 #587

You look like some businessman who needs his money work on him and bring the profit. I can suggest you nothing to do with your money, I just don't know. You payed good for the lesson about trading and you don't wish to pay more, so why not just to invest it in some real business as papers of some company?


Yeah if i am holding that huge money really well i will surely invest it on real physical legal company because i can make sure that my money is safe and can be sure that i am putting my money on decent one, unlike investing it in online where to many risk are in their and i dont really see any true,reliable investing company are existing in their and even you put it on tradings still its risky for us to do so not unless if we have a group of rich crypto enthusiast that can make partnership to us and make a pump and dump team will that could be good.


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July 27, 2016, 01:47:56 AM
 #588

If I had 40BTC, I would keep it till the next halving before selling. It would have reached ~ $1000 by then, the profit margin would simply be awesome!

Since BTC prices are quite volatile so if you want to make some good profit over the time then instead of waiting for so long, partial quantity of those 40 BTC can be used for trading like sell when you make some profit around 15 to 20% and again buy at slightly lower price and keep some for long term appreciation.
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July 27, 2016, 02:03:17 AM
 #589

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.

trading is best way to earn more bitcoins so i don't really know what to offer for you now, maybe try mining but if you don't have cheap electricity it won't give profit

Nowadays mining with such high-cost electricity is not so worth at least in my country. You can consider investing partial amount in couple of good casino sites and your coins may grow over the time but you need to choose well trusted sites to invest.
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July 27, 2016, 02:15:48 AM
 #590

Difficult, good luck in the coming investments, be careful and make sure about the market in which to invest next time.
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July 27, 2016, 06:14:18 AM
 #591

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

From my experience, it is very difficult to get the timing right for buying and selling. It is better just to hold.

I don't think you should quit trading just because of bitcoin price. a trader will always get profit if he know the right way to trad and important trading strategies.
if bitcoin price drop little bitcoin then trader can buy it cheaper. it is also an advantage for trader..

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July 27, 2016, 07:32:54 AM
 #592

I would say holding bitcoin is without much risks if you plan to hold your coins for at least a couple of years. day trading is quite risky as you don't really know what will happen. if you know how to read the market, then you can be successful in day trading.

What you are telling is right but what if everyone thinks like this and hold the bitcoins then how will you expect that bitcoin price will increase, until no one do trading how will the price will go up. In every work their is a risk it is up to you that how you tackle the problem. In the day trading if you have bought on high price and it is gone down then you can wait for some more days and buy back some more on low like this you price will get average and on next high you can yield the profit. This is the way you can gain profit in trading.

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July 27, 2016, 07:46:41 AM
 #593

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

yes someone who is pretty good and a little expert in analyzing every movement, it would be good to make a profit.
indeed sometimes if we always lose, it makes us mentally descend, and I ever experienced it. but I have a high motivation to recover losses and finally I can get up.

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July 28, 2016, 05:30:48 AM
 #594

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

yes someone who is pretty good and a little expert in analyzing every movement, it would be good to make a profit.
indeed sometimes if we always lose, it makes us mentally descend, and I ever experienced it. but I have a high motivation to recover losses and finally I can get up.
bitcoin trading can be extremely profitable if you know what you are doing. However, it is also highly risky by nature so you can both win and lose large sums of money quickly. Bitcoin is an extremely volatile commodity, subject to sharp swings up and down in price with very little warning. so with good skill and keen observation on bitcoin prices you can make good profits.

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Jimbola3
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July 28, 2016, 11:37:42 AM
 #595

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.
Yeah and he is more experienced with all the knowledge of markets and stocks now so it will be better for him to continue the trading as it will be more profitable doing trading getting more experienced with it !
Master_dandosha
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July 28, 2016, 11:43:22 AM
 #596

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.
Yeah and he is more experienced with all the knowledge of markets and stocks now so it will be better for him to continue the trading as it will be more profitable doing trading getting more experienced with it !
i think the best way to trade alts coin\BTC or USD\BTC is to do only 2-3 successful trades per month for example i have some btc stored in poloinex & bittrex .read the markets well -wait the right chance - do 5-10 x trade example as in ETC for the last 4 days .
Trading is the best .

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shashank5119
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July 28, 2016, 11:45:53 AM
 #597

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

yes someone who is pretty good and a little expert in analyzing every movement, it would be good to make a profit.
indeed sometimes if we always lose, it makes us mentally descend, and I ever experienced it. but I have a high motivation to recover losses and finally I can get up.
Yes its good if someone is knowledgable and pretty expert in trading specially if he/she has alot of experience in the fiels he can surely achieve some profits.But for those who are not that experienced enough or less knowledge in trading then its better to leave it than to face some losses because of that.
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July 28, 2016, 08:29:27 PM
 #598

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

but there are some people who spend most of their time observing the pricing and still they are unable to predict that what will be the future of that coin and how much will it increase in value in the coming future.


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August 02, 2016, 01:53:01 PM
 #599

There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

but there are some people who spend most of their time observing the pricing and still they are unable to predict that what will be the future of that coin and how much will it increase in value in the coming future.

Yes it is true that observing the price movement you cannot find what will happen next, you have to keep eye on the coin development , where it is updating it progress on the project, as if you are fully aware of the coin details then only you can make decision of holding or selling it.

Trading is something you have to do some research on coins details and its development and project which it is going to launch and if their you find any negative response even if you are in small loss you should sell it because getting full loss is better to take small loss.
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August 02, 2016, 02:41:43 PM
 #600

I guess I would not do it if I just lost a few times in trading. Well, if you play the trading and lose, then it is a risk that you have received, and it is a risk in business. If you have good skills in trading, you should not be out of trading, because of all the things you do will certainly be risks. I am pretty sure, people who are great at playing trading must have often suffered losses in trading.

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