I quit trading

[Kasabus]

Real simple, start trading here. Seriously though, maybe :
1) Invest in a gambling site, because of the house edge you'll win in the long run
2) Have a look at this post, as I'm not going to repeat something already said https://bitcointalk.org/index.php?topic=1153888.msg12165431#msg12165431

Your advice and suggestion is very risky, as we all know that many of the community who tried in gambling site to invest in, they're end up of crying because they've loss money in it. And being a good and expert trader quitting is not their true characteristics, because we have saying that quitter always a loser and winner always win.

Probably, they just invested into a non reputable gambling site, there are a lot of gambling sites here who runs profitable until now and they are in the business for many years already. Just do remember that gambling sites win in the long run and that makes them profitable, we need to mature with the reality so we will not be afraid of putting our money to it.

[1714904228]

1714904228

[1714904228]

1714904228

[1714904228]

1714904228

[1714904228]

1714904228

[1714904228]

1714904228

[1714904228]

1714904228

[1Referee]

Sometimes it made me think which is easier to trade stocks, forex or crypto? Stocks are the most stable and reliable I believe although it has some whales and some pump and dump but at least not as scary as crypto and the well manipulated forex trade. But the higher the risk the higher its rewards which is forex, crypto and stocks.

If you purely focus on well established company stocks, then they are way less subject to volatility than for example Bitcoin and other altcoins. However, there are enough penny stocks that you can dive into if you like volatility. But the thing als you also mentioned is, the greater the potential rewards, the greater the risks. In that regard, I don't see much difference when it comes to certain extremely low valued penny stocks and altcoin trading. In some cases it's not for nothing that the stock prices have sinked so deep. Both options are subject to heavy pumps and dumps from time to time. It's basically a pure gamble. Important is that you understand and agree that you're exposing yourself to insanely high risks.

[markyminer]

Trading is not an easy job and if you face some failure and losses you can easily find your self in situation to give up. Setting up clear your limits and goals could help maybe not to give up as well as the fact that you will become more experienced and skilled with time so your trading position will be better. Stick to your goal and don't give up, trading is still one of the best ways to earn Bitcoins.

i think those people who do not have good experience in trading, can disappointed in trading when losing money. but i think mature trader always com promise and understand the situation. if they lose money in trading even then they do not disappointed, but they just change their planning and strategy about trading, and try again again but do not disappointed.

[morgand]

Its nice to quiting trading when you got some profit and it is not that bad if you are going to quit trading because you can make another investment.
But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.

[wahb]

Its nice to quiting trading when you got some profit and it is not that bad if you are going to quit trading because you can make another investment.
But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.

but i think it is not good to quit trading if you are just doing so because you lost money in trading. i think if you have lost some money in trading you do  not need to quit trading, but you need to change your trading strategy and planning and hope that next time you will not lose money in trading.

[clickerz]

Trading is not an easy job and if you face some failure and losses you can easily find your self in situation to give up. Setting up clear your limits and goals could help maybe not to give up as well as the fact that you will become more experienced and skilled with time so your trading position will be better. Stick to your goal and don't give up, trading is still one of the best ways to earn Bitcoins.

i think those people who do not have good experience in trading, can disappointed in trading when losing money. but i think mature trader always com promise and understand the situation. if they lose money in trading even then they do not disappointed, but they just change their planning and strategy about trading, and try again again but do not disappointed.

That is true, and since trading is a risky one but if you are a risk taker it pays off also. From your mistakes, take it as a lesson and make a new  and proven strategy.Patience is really needed in trading, and the lesson to learned.It is very important  to know the updates always.When you trade as an investment,always remember that "You spend only the amount you can afford to lose."

[richardsNY]

Its nice to quiting trading when you got some profit and it is not that bad if you are going to quit trading because you can make another investment.
But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.

but i think it is not good to quit trading if you are just doing so because you lost money in trading. i think if you have lost some money in trading you do  not need to quit trading, but you need to change your trading strategy and planning and hope that next time you will not lose money in trading.

People that quit trading have mostly already tried out whatever strategy they think is worthy of trying in order to change from constantly losing money, to finally making profits. If after that all there still is no difference, then the only right decision will be to simply withdraw yourself from trading. It takes courage to admit that and to quit as result. Much better than empty headed people constantly losing money where they don't know what they do wrong.

[bitllionaire]

Real simple, start trading here. Seriously though, maybe :
1) Invest in a gambling site, because of the house edge you'll win in the long run
2) Have a look at this post, as I'm not going to repeat something already said https://bitcointalk.org/index.php?topic=1153888.msg12165431#msg12165431

Your advice and suggestion is very risky, as we all know that many of the community who tried in gambling site to invest in, they're end up of crying because they've loss money in it. And being a good and expert trader quitting is not their true characteristics, because we have saying that quitter always a loser and winner always win.

yes that is right, gambling is one of the most risky way of making money and i think we should try to play it with extra or with the amount of money that if we lose it will not effect us financially. quitting trading just for starting gambling is not a good decision. because trading is less risky profession and if you have experience and skill of trading the you can surely make money in trading.

[ReLieD]

That is a pretty high amount .
You can buy whatever you want with that.
Now if you want to invest that money and make huge profits with that , then invest them in bitcoin itself.
And btw , you just mentioned that you have no regret in loosing
7 BTC as it taught you how to trade and use your bitcoin ,
 so probably you should have enough knowledge and
 experience by now as to where you want to store your BTC

[Choy13]

Some may consider quitting trading if he/she doesn't have enough time and focus for it .Because in trading one should have dedication and luxury of time to manage transactions . So whenever someone want to start trading he/she consider that in the world of trading we need to work hard to earn and have some good transaction . If you don't want to be bored just do some other things like joining to campaign here in forum to earn bitcoin and to use it for trading.

[silversurfer1958]

Secure them and Hold on to them.
Or, diversify, take 50% (or some other %)
And buy in to the top ten Cryptocurrencies by Market Cap.

Periodically keep an eye on the top 10 Cryptos by market cap, to make sure you're still invested in the top ten.

Secure in cold storage, and Hold.

[coins101]

Secure them and Hold on to them.
Or, diversify, take 50% (or some other %)
And buy in to the top ten Cryptocurrencies by Market Cap.

Periodically keep an eye on the top 10 Cryptos by market cap, to make sure you're still invested in the top ten.

Secure in cold storage, and Hold.

Actually not a bad idea.

Trouble is, when you look at the spike in Bitcoin, it affects the value of the other coins as they are all priced in Bitcoin. So while the dollar value goes up, the bitcoin value of the top 10 goes down.

[Monnt]

Its nice to quiting trading when you got some profit and it is not that bad if you are going to quit trading because you can make another investment.
But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.

but i think it is not good to quit trading if you are just doing so because you lost money in trading. i think if you have lost some money in trading you do  not need to quit trading, but you need to change your trading strategy and planning and hope that next time you will not lose money in trading.

People that quit trading have mostly already tried out whatever strategy they think is worthy of trying in order to change from constantly losing money, to finally making profits. If after that all there still is no difference, then the only right decision will be to simply withdraw yourself from trading. It takes courage to admit that and to quit as result. Much better than empty headed people constantly losing money where they don't know what they do wrong.

Well I may quit trading not because I was out of strategies but because I have come to the realization that the trading especially in cryptocurrencies is not leading me anywhere, since they are hardly predictable and unstable and they require me to be paying attention all the time which is inconvenient for me.

[dhampir-D]

Sometimes it made me think which is easier to trade stocks, forex or crypto? Stocks are the most stable and reliable I believe although it has some whales and some pump and dump but at least not as scary as crypto and the well manipulated forex trade. But the higher the risk the higher its rewards which is forex, crypto and stocks.

I'm pretty sure it all boils down to how much bitcoin you have to invest. If you can put a lot of money into stocks, then you can do very well as long as you don't get greedy and watch for volatile ones. However, if you have a smaller amount and you are willing to risk the fact of losing your bitcoin, then it would probably make sense to do crypto because stocks will make you hardly anything.

The problem with markets such as the forex market, and stock market, is that the volatility is not high as in the Bitcoin market. For some people this is seen as something positive, but in my opinion greater volatility can help the investor who wants to have a greater potential for earnings. Of course, a deeper study of the market and cryptocurrencies is needed before investing in any.

[bravehearth0319]

sometimes, a lot of people who want to get out of trading for a reason, and the most common reasons is that they have tired of waiting pump of a altcoin. Well, they easily give up, and do not want to continue anymore. I feel might be good if they find a place to get bitcoin else, but if not, I think it would be a loss.

Well we cannot blame others why they quit,  but in the long run it is there loss anyway. They never become patience into waiting as traders,  its the characteristic of being a trader was being Patience, self-discipline, self-control, and know how to control emotions. I said this base on what I've learned here in this forum.

[8Habits]

Sometimes it made me think which is easier to trade stocks, forex or crypto? Stocks are the most stable and reliable I believe although it has some whales and some pump and dump but at least not as scary as crypto and the well manipulated forex trade. But the higher the risk the higher its rewards which is forex, crypto and stocks.

I'm pretty sure it all boils down to how much bitcoin you have to invest. If you can put a lot of money into stocks, then you can do very well as long as you don't get greedy and watch for volatile ones. However, if you have a smaller amount and you are willing to risk the fact of losing your bitcoin, then it would probably make sense to do crypto because stocks will make you hardly anything.

The problem with markets such as the forex market, and stock market, is that the volatility is not high as in the Bitcoin market. For some people this is seen as something positive, but in my opinion greater volatility can help the investor who wants to have a greater potential for earnings. Of course, a deeper study of the market and cryptocurrencies is needed before investing in any.

volatility is what most aggressive traders want. Veteran and expert aggressive traders are the one that mostly reap the profits while novice and aggressive type of traders are the one that have many loses..

[deisik]

Sometimes it made me think which is easier to trade stocks, forex or crypto? Stocks are the most stable and reliable I believe although it has some whales and some pump and dump but at least not as scary as crypto and the well manipulated forex trade. But the higher the risk the higher its rewards which is forex, crypto and stocks.

I'm pretty sure it all boils down to how much bitcoin you have to invest. If you can put a lot of money into stocks, then you can do very well as long as you don't get greedy and watch for volatile ones. However, if you have a smaller amount and you are willing to risk the fact of losing your bitcoin, then it would probably make sense to do crypto because stocks will make you hardly anything.

The problem with markets such as the forex market, and stock market, is that the volatility is not high as in the Bitcoin market. For some people this is seen as something positive, but in my opinion greater volatility can help the investor who wants to have a greater potential for earnings. Of course, a deeper study of the market and cryptocurrencies is needed before investing in any

Obviously, this has very little to do with reality

And the reality is that if you are trading at the forex market, you are most likely using leverage. But with leverage, any volatility figure (however small it might be) will be multiplied greatly. Regarding stock markets specifically, I don't think that the Bitcoin volatility is any higher than the stock market average volatility. It means that if are not quite happy with the volatility of a certain stock, you can either trade another one, some index or just switch to trading futures and options

[Musent]

sometimes, a lot of people who want to get out of trading for a reason, and the most common reasons is that they have tired of waiting pump of a altcoin. Well, they easily give up, and do not want to continue anymore. I feel might be good if they find a place to get bitcoin else, but if not, I think it would be a loss.

Well we cannot blame others why they quit,  but in the long run it is there loss anyway. They never become patience into waiting as traders,  its the characteristic of being a trader was being Patience, self-discipline, self-control, and know how to control emotions. I said this base on what I've learned here in this forum.

Yeah and if you lack patience then you are at a wrong place as if you get impatient then it will only bring losses for you and you would be never able to make profits in trading and in trading patience is the key to make profits and if you don't have that then its better to stay away from trading and find other ways of making profits.

[emezh10]

sometimes, a lot of people who want to get out of trading for a reason, and the most common reasons is that they have tired of waiting pump of a altcoin. Well, they easily give up, and do not want to continue anymore. I feel might be good if they find a place to get bitcoin else, but if not, I think it would be a loss.

Well we cannot blame others why they quit,  but in the long run it is there loss anyway. They never become patience into waiting as traders,  its the characteristic of being a trader was being Patience, self-discipline, self-control, and know how to control emotions. I said this base on what I've learned here in this forum.

Yeah and if you lack patience then you are at a wrong place as if you get impatient then it will only bring losses for you and you would be never able to make profits in trading and in trading patience is the key to make profits and if you don't have that then its better to stay away from trading and find other ways of making profits.

Yes in trading the key is patience but sometimes no! When you invest in scam coins don't make your money stock in that within 2 days because you can loss it all 1 day is safe but within 2 days nahhh... Because in my experience the dumping and pumping is so fast so investing in that coin is literally will scam you so be aware guys.

[KuromaYoichi]

Well sometimes i feel like i want to quit trading because it's so tiring. Trading in cryptocurriencies is so unpredictable and require me to pay attention all the time. But the profit i earn always give me support to continue trading