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Author Topic: I quit trading  (Read 227990 times)
ethereumhunter
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September 21, 2016, 01:43:58 PM
 #721

Trading can be painful and as you see you can lose alot of money but don't forget it can also be very great once you get good enough.
Like others suggested keep going with small amounts and keep practicing for best results!

You are absolutely right, but lose the money is really painful, if we lose in trading or gambling or anywhere, but no one like to get lose. So far as trading, it is risky like gambling, but trading is very hard, a lot of skills and knowledge and information than you can make profit, otherwise better is that don't take a risky high in trading. 

trading can be learn by doing and i think if we are play safe then if we loss, we don't make big loss. actually, in trading, when we buy altcoin with bitcoin, we should realize that we buy with cheap rate, and if suddenly the rate is going up, then we can take profit, and if the rate is going down, then we are not loss, we still hold that altcoin and that altcoin will be get up again, just keep it for a while and make that altcoin like your long term investment. don't take action like cutloss, but be patient and make trading with other coins.

i can said like this because i have experience before, i think i am loss but then i realize that someday the all of altcoins that i hold still have a chance to go up like before and maybe it can go more up than before.

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September 21, 2016, 02:09:31 PM
 #722

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.

Indeed but it takes time cause you have to learn alot and learning takes so much time when its about trading.
There's alot of variables with trading which you have to think about and you have to constantly analyze the market, if you don't do this it could result in bad decisions
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September 21, 2016, 03:44:30 PM
 #723

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.

Indeed but it takes time cause you have to learn alot and learning takes so much time when its about trading.
There's alot of variables with trading which you have to think about and you have to constantly analyze the market, if you don't do this it could result in bad decisions

Yeah but when you are in it, it just takes minutes or hours for one coin to fluctuate. I dont even feel its night already sometimes because of my focus on seeing how my certain investment in one or two altcoin will end up.
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September 21, 2016, 04:10:27 PM
 #724

In my experience it is pretty hard to stop trading, so that is good that you stopped doing it OP.

Daytrading is the worse, sure you will most likely get paid $1,000+ per day depending on the trades you make but the stress isn't worth the money.

Trading has their advatanges and disadvantages, it all depends on what works for you.

Congratulations OP.

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September 21, 2016, 05:53:02 PM
 #725

Trading is not for everyone. I envy those people who are so wise and lucky in making profits through trading.
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September 21, 2016, 06:36:29 PM
 #726

Why would some one quit with the trading i dont know why peopel hate tradings because you will make the most money with the tradings if you are doing it the right way off course but it is not easy.
The OP gave trading a fair shot by trying to make money out of it for 2 years and it did not work for him in fact he lost bitcoin so I think the OP took a sensible choice and now is moving on to other things.

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September 22, 2016, 04:40:09 AM
 #727

Why would some one quit with the trading i dont know why peopel hate tradings because you will make the most money with the tradings if you are doing it the right way off course but it is not easy.
The OP gave trading a fair shot by trying to make money out of it for 2 years and it did not work for him in fact he lost bitcoin so I think the OP took a sensible choice and now is moving on to other things.
The two year period is already a very long time to decide, even in 6 months time if I see that I am not making any progress in trading, I would completely quit and focus on other things where I can get more chance to make money, I don't want to waste my time and money by continuing to do things that I am not good.

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September 22, 2016, 05:04:02 AM
 #728

I will quit trading if I will lose all my money, trading for me is better than gambling because in trading we can study what we are doing while in gambling it is just all about the luck.

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September 22, 2016, 09:53:51 AM
 #729

I will quit trading if I will lose all my money, trading for me is better than gambling because in trading we can study what we are doing while in gambling it is just all about the luck.
Do not wait for the time the you will lose all your money before you quit, you must be wise to easily understand and determine if you really have a chance in trading, you can always know that when you are do not experience any profit or most of the time you lose.

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September 22, 2016, 01:57:13 PM
 #730

I would quit trading too after such a big loss that you had but maybe you should've traded with small amounts until you know what to do etc.
Anyways you could still continue with small amounts and apply your knowledge what you've learned so far.
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September 22, 2016, 07:14:52 PM
 #731

I will quit trading if I will lose all my money, trading for me is better than gambling because in trading we can study what we are doing while in gambling it is just all about the luck.

Definitely you will quit trading if you will lose all of your money as you will have nothing to trade with. But you will lose lose all of your money if you do not put all of your money to trade when you will not have any knowledge and experience. In the start you invest only a small amount of bits to buy altcoins and start your trade experience with that smaller amount.



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September 22, 2016, 09:21:27 PM
 #732

Trading can be painful and as you see you can lose alot of money but don't forget it can also be very great once you get good enough.
Like others suggested keep going with small amounts and keep practicing for best results!

You are absolutely right, but lose the money is really painful, if we lose in trading or gambling or anywhere, but no one like to get lose. So far as trading, it is risky like gambling, but trading is very hard, a lot of skills and knowledge and information than you can make profit, otherwise better is that don't take a risky high in trading. 
yes there is no doubt about this that trading is risk and losing is pain, but if you want to make money you have to take that risk and without that you have no other option, you will do invest in alt or casino.
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September 23, 2016, 02:04:46 AM
 #733

Why would some one quit with the trading i dont know why peopel hate tradings because you will make the most money with the tradings if you are doing it the right way off course but it is not easy.
The OP gave trading a fair shot by trying to make money out of it for 2 years and it did not work for him in fact he lost bitcoin so I think the OP took a sensible choice and now is moving on to other things.
The two year period is already a very long time to decide, even in 6 months time if I see that I am not making any progress in trading, I would completely quit and focus on other things where I can get more chance to make money, I don't want to waste my time and money by continuing to do things that I am not good.
You are correct we must concentrate in whatever we are best, if trading is not for you then you should look for something else that brings you more profit.

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September 23, 2016, 08:08:43 AM
 #734

Why would some one quit with the trading i dont know why peopel hate tradings because you will make the most money with the tradings if you are doing it the right way off course but it is not easy.
The OP gave trading a fair shot by trying to make money out of it for 2 years and it did not work for him in fact he lost bitcoin so I think the OP took a sensible choice and now is moving on to other things.
The two year period is already a very long time to decide, even in 6 months time if I see that I am not making any progress in trading, I would completely quit and focus on other things where I can get more chance to make money, I don't want to waste my time and money by continuing to do things that I am not good.
You are correct we must concentrate in whatever we are best, if trading is not for you then you should look for something else that brings you more profit.

This is  just commonsense  for  person and  we would definitely  move to other thing  if we saw that we are not good enough  in this thing  like  in trading. OP realizes that after all of those years  does he trade  ,  still a negative  profit results which is  really bad after all. Its common for us to quit if we  saw we are not  profitable with it already.

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September 23, 2016, 01:48:46 PM
 #735

Why would some one quit with the trading i dont know why peopel hate tradings because you will make the most money with the tradings if you are doing it the right way off course but it is not easy.
The OP gave trading a fair shot by trying to make money out of it for 2 years and it did not work for him in fact he lost bitcoin so I think the OP took a sensible choice and now is moving on to other things.
The two year period is already a very long time to decide, even in 6 months time if I see that I am not making any progress in trading, I would completely quit and focus on other things where I can get more chance to make money, I don't want to waste my time and money by continuing to do things that I am not good.
You are correct we must concentrate in whatever we are best, if trading is not for you then you should look for something else that brings you more profit.

People would  look for something new if  they already knew that thing would never work for him or  hes not good at it.  OP do trade for 2 years and  the  results were bad thats why  he decide to switch to other thing which is  a wise decision since there are lots of  investments out there does not involved on trading.


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Zadicar
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September 25, 2016, 05:44:49 AM
 #736

Why would some one quit with the trading i dont know why peopel hate tradings because you will make the most money with the tradings if you are doing it the right way off course but it is not easy.
The OP gave trading a fair shot by trying to make money out of it for 2 years and it did not work for him in fact he lost bitcoin so I think the OP took a sensible choice and now is moving on to other things.
The two year period is already a very long time to decide, even in 6 months time if I see that I am not making any progress in trading, I would completely quit and focus on other things where I can get more chance to make money, I don't want to waste my time and money by continuing to do things that I am not good.
You are correct we must concentrate in whatever we are best, if trading is not for you then you should look for something else that brings you more profit.

People would  look for something new if  they already knew that thing would never work for him or  hes not good at it.  OP do trade for 2 years and  the  results were bad thats why  he decide to switch to other thing which is  a wise decision since there are lots of  investments out there does not involved on trading.

Thats why im trying to say which  people would  usually  for new  source of income if they saw that  their past transactions or investments  didnt work because  its normal  for us  human  to find something new. Quiting on a certain thing doesnt always  a mistake but also a good  decision it really depend on a  particular situation.

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September 25, 2016, 12:45:52 PM
 #737

Why stopping in trading? Trading is the best
way to earn, to grow your btc. Trading is best
than gambling. Anyways, all are risky when
you use bitcoin.

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bitcoinisbest
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September 27, 2016, 06:32:22 PM
 #738

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.

Which all sites you used to trade on and the reason for the 7 btc loss. What do you take away where you should have being more cautioned?


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September 28, 2016, 02:59:37 AM
 #739

You just think you quit trading. No one gets off the horse!
Eventually you'll come back and just trade with higher leverage. Someone's gotta feed the beast.

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September 28, 2016, 03:06:51 AM
 #740

I can understand if some one want quite from trading, because trading is unpredictable job, it is high risk too and need a lot of time for learning about strategy, management money and need practice too.

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