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Author Topic: I quit trading  (Read 230469 times)
mace15
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October 15, 2016, 05:02:06 AM
 #841

As ive read your post, your happy with the results of your
trading for the over all results. I guess you should have not
stop on trading. Since your btc may grow and you may
earn profit more.!

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October 15, 2016, 05:36:23 AM
 #842

As ive read your post, your happy with the results of your
trading for the over all results. I guess you should have not
stop on trading. Since your btc may grow and you may
earn profit more.!
But trading requires lot of dedication as it is a completely unpredictable job. So, for many traders it is like climbing up Everest mountain daily. Yes, that much struggling involved with it. Even they are successful with their trading, many traders are opting to quit it for the sake of their peace of mind.

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October 15, 2016, 08:11:52 PM
 #843

As ive read your post, your happy with the results of your
trading for the over all results. I guess you should have not
stop on trading. Since your btc may grow and you may
earn profit more.!

He was too wise to make that decision and back off...
That was an extremely well decision IMHO, because you need courage to get out of anything after losing some big % of what you had once...
So, that's his honesty, and whether he could have made BTC or not, but if he would have waited till date with his 40 coins, I think he still possesses a chance to just sell them at better prices...

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October 15, 2016, 09:19:27 PM
 #844

As ive read your post, your happy with the results of your
trading for the over all results. I guess you should have not
stop on trading. Since your btc may grow and you may
earn profit more.!
you are right that do not quit trading because bitcoin increasing its price too much faster and people are going to buy bitcoin and then holding bitcoin for the future so i also prefer that do not quit trading if you keep it up i hope you will get more profit.

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October 15, 2016, 09:23:01 PM
 #845

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.

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October 15, 2016, 11:36:46 PM
 #846

youre not experience trading in bitcoin or altcoin
you have not skill trading
but you trading is use lot capital money is very big
i think is high risk, before trading your must earn and have skill trading
is lear trading you can use under 0.1 bitcoin, and incraese if have skill

if not skill trading use big capital money is danger
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October 15, 2016, 11:55:17 PM
 #847

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.
Normally they will trade with a decent capital and they have the right timing to be profitable especially the day traders. In fact, there are a lot of traders that are profitable in doing it but still it cannot surpass the trader who failed and that includes in the number the OP.

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October 16, 2016, 01:19:48 AM
 #848

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.
Normally they will trade with a decent capital and they have the right timing to be profitable especially the day traders. In fact, there are a lot of traders that are profitable in doing it but still it cannot surpass the trader who failed and that includes in the number the OP.
it is the consequence for a trader. they could have taken advantage and could lose money. for those who are not prepared to lose money then they will never be ready to become rich.



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October 16, 2016, 02:03:11 AM
 #849

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.

Correct. But the price is a great factor to consider too if we want to get good profit.
Especially when your contribution to the total volume is very low.

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October 16, 2016, 07:24:05 AM
 #850

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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October 16, 2016, 11:58:49 AM
 #851

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.
You are right he have to select those altcoins which have a good place and have a good volume of trade. with the above mentioned altcoinsa lot of traders are earning a good income so if he having that much experience will start trade with those altcoins then he will earn better.


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8Habits
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★777Coin.com★ Fun BTC Casino!


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October 16, 2016, 12:34:30 PM
 #852

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.
You are right he have to select those altcoins which have a good place and have a good volume of trade. with the above mentioned altcoinsa lot of traders are earning a good income so if he having that much experience will start trade with those altcoins then he will earn better.

Having big volumes makes some volatility of prices most of the time and this is where opportunities for traders comes in. When there are less movements of price of altcoins, then it will be difficult to trade and profit because you have to wait long in order to reach the price you would want to sell your current coins.

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October 16, 2016, 01:34:05 PM
 #853

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.
You are right he have to select those altcoins which have a good place and have a good volume of trade. with the above mentioned altcoinsa lot of traders are earning a good income so if he having that much experience will start trade with those altcoins then he will earn better.

Having big volumes makes some volatility of prices most of the time and this is where opportunities for traders comes in. When there are less movements of price of altcoins, then it will be difficult to trade and profit because you have to wait long in order to reach the price you would want to sell your current coins.
It is a matter of choosing the right asset, never trade in a less volume asset as that would not last, the game there is just a pump and dump and when you have put already a big investment thinking you can make profit, that is when the developer will just scam your investment. You need to be smart in choosing the right asset.

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JeffBrad12
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October 16, 2016, 01:49:46 PM
 #854

youre not experience trading in bitcoin or altcoin
you have not skill trading
but you trading is use lot capital money is very big
i think is high risk, before trading your must earn and have skill trading
is lear trading you can use under 0.1 bitcoin, and incraese if have skill

if not skill trading use big capital money is a danger
I can't say not 100% all of your said are a correct statement, if the newbies are just depend on in the buying low and selling high I think that is already preventing your from the worst things in the trading. According to from the op's says he are already having some knowledge about trading.

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Shiroslullaby
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October 16, 2016, 02:00:27 PM
 #855

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

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October 16, 2016, 05:05:05 PM
 #856

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

That is right. You need to spend some money or lose some money before you become a good trader.
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October 16, 2016, 09:08:13 PM
 #857

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.
. If you have trade for the past 4 years and succeed than I think you should not quite trading

You are not reading man, he only trade for only 2 years  and  he found out and realized  thats he still do experience  negative  profits on that timespan that why  he decided to quit  trading  for  good and  thats  also a good decision for him to make because  with  such action he would  avoid  to lose even more. 2 years  is quite long  enough  on trading  career, if you found out that  it didnt work out then switch to other things.
after 2 years experience he found that he is unable to earn in trading then it is a good idea of him to stop trading as he is unable to be expert to earn on trading and he is losing his money continuously.



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October 16, 2016, 09:31:20 PM
 #858

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

Important is that when you realize that trading isn't the right thing for you, that you should be making the decision to stop it and focus on other things. Some people continue with trading even though they are constantly losing money. These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

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October 16, 2016, 09:31:54 PM
 #859

Trading is not easy and I can see how people can lose money at it. If you are giving up on trading, you could try lending to make a little profit. Also, if you just hold what you have for a few years, you will probably make a lot of money anyway.
you are right that trading is not and i think that trading have need skill and luck then you can get a big profit from trading and is maximum people are very experienced in trading and they earning good amount profit from bitcoin trading or altcoin trading .

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richardsNY
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October 16, 2016, 10:43:52 PM
 #860

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.
These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.

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