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Author Topic: I quit trading  (Read 242485 times)
knowhow
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October 12, 2015, 02:03:01 PM
 #81

You can choose to landing. lend money to one another and gain profit from there  Shocked

It is something that cannot give profit in every country. In my country for example this kind of option is totally illegal. So if you lend money to someone and he don't give you your money you cannot do nothing. You cannot go to the police and to ask their help because it will be you that will be punished firstly and immediately. I don't if this activity is allowed in some other country but even if it will be possible, those countries must very few. Because the lend of money need rules and these rules cannot be fulfilled by a single person.

Im surprised most members here dont know polonies lending program,the %0.03 is the income at lendings and this is almost 99.9% safe ,since the money cant left the exchange before pays the loan ,and usually to apply to a loan they ask to you to stake your coins,works like colateral soo those 40btc can rent you some$$ daily just lending it safety.
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October 14, 2015, 11:42:28 AM
 #82

7 BTC is a huge amount and I'm sorry for your loss. Pay your bills or buy gift cards with the BTC you've earned as investing it would be a bad option since you've been trading all this while and have incurred a loss. If you wish, you can start your own website by buying a domain name and then advertisers could pay you per month which could earn you a good amount of profit.

As it will be for me leave those in your wallet and forget about those. One day, when the price will (can, may) go high, remember and change those. Maybe, that day, you can buy an expensive car with those. But even the price will not go high for sure will not go down. So, their value, at least will remain the same.
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October 14, 2015, 12:12:34 PM
 #83

You can choose to landing. lend money to one another and gain profit from there  Shocked

It is something that cannot give profit in every country. In my country for example this kind of option is totally illegal. So if you lend money to someone and he don't give you your money you cannot do nothing. You cannot go to the police and to ask their help because it will be you that will be punished firstly and immediately. I don't if this activity is allowed in some other country but even if it will be possible, those countries must very few. Because the lend of money need rules and these rules cannot be fulfilled by a single person.

umh? you can do it online, with bitcointalk it's pretty easy, you just need to take the account as a collateral, it's a win win situation for who borrow the money

people will pay evne for 10% interest in a short time, pretty profitable
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October 14, 2015, 12:15:37 PM
 #84

hodl your money and wait for a good investment|
i was never successful with trading but it seems to work for other members, and I've tried looking for things to invest in online and everything is just so risky. 90% of investments are ponzis so i just gave up looking for things to invest
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October 14, 2015, 04:34:43 PM
 #85

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.

  • Hold for your long term investment (it's up to you if you want to sell it, it your money anyway)
  • Turn it to another AltCoin that you trust.
  • Buy small amount of Hashing Power in trusted CloudMining Company (Transparent)
  • Exchange your BTC to another place for investment; another currencies, gold, silver, etc

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October 14, 2015, 04:38:55 PM
 #86

I think if you lost in trading.. then i would suggest you not to go with gambling at all..

Because gambling are more risky than trading... so i would suggest you to lend btc and wait for profits.



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Rainbot
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knowhow
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October 14, 2015, 08:20:45 PM
 #87

Well there is very people able to say hey i had lost money trading,well there is always two sides ,crypto exchange works that way some get income and others pays those income,back to topic if i had it i would be lending with some crypto as colateral and for a maximum of 5 days or 10 and well if the user dont repay the loan i would hold the coin or seel it instant,whats happening with exchanges almost all cryptos loosing value this week. Huh
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October 15, 2015, 06:36:40 PM
 #88

7 BTC is a huge amount and I'm sorry for your loss. Pay your bills or buy gift cards with the BTC you've earned as investing it would be a bad option since you've been trading all this while and have incurred a loss. If you wish, you can start your own website by buying a domain name and then advertisers could pay you per month which could earn you a good amount of profit.

As it will be for me leave those in your wallet and forget about those. One day, when the price will (can, may) go high, remember and change those. Maybe, that day, you can buy an expensive car with those. But even the price will not go high for sure will not go down. So, their value, at least will remain the same.

The price may increase or remain the same but waiting for years in the hope the price increases isn't worth. It's better to invest such a huge amount or transfer the money to a bank account if the person is not interested in trading anymore.

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October 16, 2015, 07:19:34 AM
 #89

7 BTC is a huge amount and I'm sorry for your loss. Pay your bills or buy gift cards with the BTC you've earned as investing it would be a bad option since you've been trading all this while and have incurred a loss. If you wish, you can start your own website by buying a domain name and then advertisers could pay you per month which could earn you a good amount of profit.

As it will be for me leave those in your wallet and forget about those. One day, when the price will (can, may) go high, remember and change those. Maybe, that day, you can buy an expensive car with those. But even the price will not go high for sure will not go down. So, their value, at least will remain the same.

The price may increase or remain the same but waiting for years in the hope the price increases isn't worth. It's better to invest such a huge amount or transfer the money to a bank account if the person is not interested in trading anymore.

You people may be right.
But I still believe no other methods or any investments will not be able to match with bitcoin boom if it comes back on raising track. I say this completely based on previous bitcoin track record. We are in the eve of halving. So, it must be a waiting time for us to make better fortune we deserve by adopting bitcoins.

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October 17, 2015, 01:51:03 PM
 #90

Quitting trading is a personal matter even though it may discourage other traders from the most rewarding filed of opportunities. I never thought to quit my trading despite I follow the low risk playing like minimizing lot sizes and selective trading.
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October 17, 2015, 03:26:29 PM
 #91

I quit trading after losing 2 btc on a bad investment.
kostya.ash
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October 18, 2015, 03:23:34 AM
 #92

I quit trading after losing 2 btc on a bad investment.
your quit, with reasons that are not related to trade,  Undecided
if you bankrupt because of the investment, you can try to resume trade by borrowed/lending money

and restart again
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October 18, 2015, 06:46:19 PM
Last edit: November 02, 2015, 11:01:35 AM by RyanLZ
 #93

Trading is not for most people. The price is too volatile. Only big whales will make money. If you have confidence in bitcoin, hold or use it.
knowhow
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October 18, 2015, 07:32:55 PM
 #94

Well some users get scammed recently by xpooky at cryptospots ,some invested over 10btc and well they would roi in 4 months ...i had almost lost money there .Trading these days is getting worse to profit all coins dumping from no where...
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October 19, 2015, 06:35:16 AM
 #95

Trading is not for most people.

you can always learn it if you want, it's not like there is any talent in trading, at least i don't think so, well maybe those too emotional people would not be able to be good in trading ever

but if you learn the basic, and move in the right step your money, you should come with a small profit everytime, there is also luck involved, otherwise all of us would be good at it
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October 19, 2015, 06:43:15 AM
 #96

Trading is not for most people.
must understand the ins and outs of the trade, if you do not understand and try to trade, you may be have loss
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October 19, 2015, 07:20:03 AM
 #97

Trading is not for most people.
must understand the ins and outs of the trade, if you do not understand and try to trade, you may be have loss

Yes understating the trading completely is not at all possible for all the traders. People not ready to trade in real accounts with small lot sizes. They all want to trade in trail accounts with bigger lot sizes. Trading in trail accounts will not get you the real time emotion control capabilities.
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October 19, 2015, 07:58:21 PM
 #98

you must be patience within trading. or you can trade a greatcoin like as LTC, PPC, AMBERCOIN or other but slow benefit. Smiley
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October 19, 2015, 09:43:57 PM
 #99

you must be patience within trading. or you can trade a greatcoin like as LTC, PPC, AMBERCOIN or other but slow benefit. Smiley

Patience is the most important thing when it comes to trading. Nowadays people are so used to the large returns in a very short time that they simply don't have any patience left. If one coin isn't giving them the profit they want, they simply hop to another coin. Altcoin investing can make you a good amount of profit, or make you lose a lot in a very short time which makes it gambling.
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October 19, 2015, 10:39:49 PM
 #100

Well im leaving trading as well everytime i enter into some altcoin the full market drops... this week is insane all red altcoins,nothing new dumpers making and taking their btc back,need new and fresh investors as money into crypto world now.
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