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Author Topic: I quit trading  (Read 241513 times)
Murtiya
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August 21, 2016, 03:07:38 PM
 #621

It never gets old the trading I mean, of course it's not for weak hands and those always in rush for quick buck, it is supposed to be hard and gets you to lose hope.
That is the way trading works.

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.
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August 21, 2016, 04:41:04 PM
 #622

It never gets old the trading I mean, of course it's not for weak hands and those always in rush for quick buck, it is supposed to be hard and gets you to lose hope.
That is the way trading works.

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.

Altcoin trading is very profitable these days but i do not trade  Monero, Dash or Ethereum as they are old coins. I invest in newly created Coins like PAPAFR, YOCOIN and get lots of profits by buying low and selling high when they reach exchanges
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August 22, 2016, 12:01:53 PM
 #623

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.
try forex trading i know you know what i mean

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August 22, 2016, 12:47:55 PM
 #624

you can run your own business like faucet etc . or you can save it on cold storage and BTC price goes up you can sell them, or you can convert it to fiat  invest it on good legit business investment sites which are trustworthy for a long time Smiley

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August 22, 2016, 12:51:58 PM
 #625

With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.
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August 22, 2016, 01:28:04 PM
 #626

With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.
not necessarily, in trading we do not necessarily benefit. we might be wrong to predict. if we can set the time in buying and selling coins properly then we can benefit. but I am still not sure that we will constantly benefit 10-20% each month..


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August 27, 2016, 09:19:26 AM
 #627

It is an option. I choose to trade because it is better option than cloud mining and scam sites,
and so far trading has been positive for me, not always, but in most cases.
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August 27, 2016, 09:53:28 AM
 #628

I understand that you feel bad for losing so much money in trading and I also know that in the unpredictable cryptocurrency business one's faith is very important and that for having a bad experience with trading may have broken your faith. The thing that we need to understand is that all BTC based opportunity is an investment and all investment in this field is very risky so we always should pay high caution. I have very good hope for BTC's future but still I would never put more money into trading than what I did not regret too much to lose. However, when you lose, you could ask yourself why you lost and wonder whether you could do it better next time. In trading, it is very difficult to make a precise prediction, but it is possible to obtain the skills that make your chances better. So, to sum it up, I advise you to never put more money into trading than you would put into gambling, but in trading you could try to expand your knowledge and experience to have better chances next time. You can have better chance next time only if there is a next time so if you continue and try again. But it should be your decision, after all. I just hope I could help you a bit to reconsider your decision.


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August 27, 2016, 10:12:59 AM
 #629

With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.
indeed 40 btc is huge amount to start trading but for those who have lack of knowledge it's very difficult to got profit even though they start it with huge capital and also in trading profit from each day will not same

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August 27, 2016, 12:11:59 PM
 #630

With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.
indeed 40 btc is huge amount to start trading but for those who have lack of knowledge it's very difficult to got profit even though they start it with huge capital and also in trading profit from each day will not same
Yep ,daily trading earning or losing depends but as you've said its a big/huge amount to start 40btc on trading especially on begginers ,big amount willbe good in terms of choosing a good altcoin but when this amount loose at all ,i am sure losing about 20btc will be a nightmare for him to stop and quit trading.


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August 27, 2016, 05:18:02 PM
 #631

With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.

20% a conservative target in just a month? It's very difficult to get there if you only stick to BTC/USD trading in a calm market as we have right now. If you do altcoin trading, then it's different of course. There you can either win big, or fall down hard.

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August 27, 2016, 08:47:48 PM
 #632

It never gets old the trading I mean, of course it's not for weak hands and those always in rush for quick buck, it is supposed to be hard and gets you to lose hope.
That is the way trading works.

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.

yeah, these altcoins are better to invest in and if he is more active on exchanges then he should have to keep a deep eye on some altcoins especially on yobit there we sometimes see a coin increases in thousands of percents if he invest in there in time and make the profit from fluctuations then it will make him more rich

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August 28, 2016, 02:37:45 AM
 #633

It never gets old the trading I mean, of course it's not for weak hands and those always in rush for quick buck, it is supposed to be hard and gets you to lose hope.
That is the way trading works.

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.

Altcoin trading is very profitable these days but i do not trade  Monero, Dash or Ethereum as they are old coins. I invest in newly created Coins like PAPAFR, YOCOIN and get lots of profits by buying low and selling high when they reach exchanges

Altcoin trading is good but losing money is part of trading, you lose to much the problem with you not in the coin. So whatever you trade you need to be careful and invest in right coins. PaPaFr was a scam coin and many people lost money.

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XERES
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August 28, 2016, 05:58:59 AM
 #634

It never gets old the trading I mean, of course it's not for weak hands and those always in rush for quick buck, it is supposed to be hard and gets you to lose hope.
That is the way trading works.

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.

Altcoin trading is very profitable these days but i do not trade  Monero, Dash or Ethereum as they are old coins. I invest in newly created Coins like PAPAFR, YOCOIN and get lots of profits by buying low and selling high when they reach exchanges
Those new coins is not always profitable and the best part is when you bought Monero at 0.0027 and sold it at 0.007 BTC like me a few days ago I've sold all my XMR, my profit is worth my time waiting for it. Maybe I just lucky but really I have a feel that XMR will go up and bam the price increased to the moon, I might lose too.

dihari
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August 28, 2016, 06:28:32 AM
 #635

Spend your money to buy some gold. Keep it and sell it. If you trading you must win some profit. And gold never give a lose for trader.

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Dwelach
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August 30, 2016, 03:36:06 PM
 #636

Invest! it depends on where you live on what to invest in but look up some good tutorials and information, theres alot of help on reddit aswell regarding this topic, best of luck to you!
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August 30, 2016, 03:56:18 PM
 #637

Well i think you could use that money to invest into somewhere but that is not that profitable as trading
DavidoAlto
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August 31, 2016, 07:41:14 AM
 #638

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.

Put it in a cold storage and forget about it for some time!

Do not invest, since there is no real and fair opportunity to invest. There are all scams and ponzis. Don't gamble.

Reward yourself and buy yourself something nice since you have a nice stash here and put the rest in the cold storage! Smiley
Why should you quit with the bitcoins trading i dont see the problem of trading with trading you can make allot of profit for sure! The only thing you have to do is to trade them for a little bit more than you payed for it and you will have profit do that 10 times your profit is 10 times bigger.
Rweereindedn3
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August 31, 2016, 08:24:59 AM
 #639

There is only way to improving yourself by the trading, so learn how to trad safely and make a decent profit. you must have good knowledge or you'll lose the rest of your money within the next couple of years
ausbit
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September 03, 2016, 06:32:26 PM
 #640

Spend your money to buy some gold. Keep it and sell it. If you trading you must win some profit. And gold never give a lose for trader.
You are much better off buying bitcoin or gold and saving it for later to sell for a profit. Trading bitcoins or altcoins is really just a gambling most of the time when comparing to the safety and profits from long term saving. More over they are very time consuming and stressful.

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