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Merit: 101
a sharp sword
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September 21, 2016, 04:10:27 PM |
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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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OG member. Brian Ray
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topaz18
Newbie
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Activity: 28
Merit: 0
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September 21, 2016, 05:53:02 PM |
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Trading is not for everyone. I envy those people who are so wise and lucky in making profits through trading.
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The_Dark_Knight
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September 21, 2016, 06:36:29 PM |
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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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Zooplus
Legendary
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Activity: 1106
Merit: 1000
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September 22, 2016, 04:40:09 AM |
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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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Natalim
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September 22, 2016, 05:04:02 AM |
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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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goldcoinminer
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September 22, 2016, 09:53:51 AM |
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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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sishendaoye
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September 22, 2016, 01:57:13 PM |
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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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FLoving
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September 22, 2016, 07:14:52 PM |
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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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ayesha sadiqa
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September 22, 2016, 09:21:27 PM |
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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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The_Dark_Knight
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September 23, 2016, 02:04:46 AM |
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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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Zadicar
Legendary
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Activity: 1288
Merit: 1018
Undeads.com - P2E Runner Game
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September 23, 2016, 08:08:43 AM |
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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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dunfida
Legendary
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Activity: 3038
Merit: 1128
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September 23, 2016, 01:48:46 PM |
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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
Legendary
Offline
Activity: 1288
Merit: 1018
Undeads.com - P2E Runner Game
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September 25, 2016, 05:44:49 AM |
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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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mace15
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September 25, 2016, 12:45:52 PM |
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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 |
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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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spofas
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September 28, 2016, 02:59:37 AM |
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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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densuj
Legendary
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Activity: 910
Merit: 1000
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September 28, 2016, 03:06:51 AM |
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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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milewilda
Legendary
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Activity: 3066
Merit: 1126
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September 28, 2016, 03:40:25 AM |
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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? Op didnt mention anything about on the trading sites which he engage but one things for sure he may trade in some differents of trading sites because if you intend to put it on a single site the risk of lossing it would be high and thats the thing on what on OP's mind. No matter how he trade the results are still negative thats why he decided to quit since 2 years trading is long enough.
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mirakal
Legendary
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Activity: 3080
Merit: 1289
Leading Crypto Sports Betting & Casino Platform
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September 28, 2016, 03:52:53 AM |
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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.
At least you tried to trade once in your life and its good you realize early that trading is not your thing, we should not force ourselves to trading just because others have been successful in doing it, we have our own capability so we should capitalize that instead of trading.
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Wowcoin
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September 28, 2016, 10:45:14 AM |
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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.
At least you tried to trade once in your life and its good you realize early that trading is not your thing, we should not force ourselves to trading just because others have been successful in doing it, we have our own capability so we should capitalize that instead of trading. Youre right op at least he experience how to trade and he know now that trading not easy to do you take time and learn more about trading because trading have risk.
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