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Author Topic: I quit trading  (Read 242523 times)
Devboy
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April 02, 2017, 12:23:04 PM
 #1221

I think why you want to quit trading because you loss some bitcoin because you do not make a research before buying altcoin. Trading is not easy but if you really want to earn to this you need to be hard work and patience . more people quit also trading because they don't have a patience and skills. If you want to invest your remaining bitcoin I think the best way to grow your bitcoin is to invest in ICO this gives you reward after ICO ends and you can earn profit from it but be careful many ICO now are scam . Invest only who have trusted escrow.
yes winning and loosing bitcoin is the part of trading and some time we make money in trading while other time we even lose our own money in trading but it does not mean to lose heart, i think we need to continue trading with changing strategy.
yeah you are right that winning and loosing is the part of trading but sometime its depend on you if you are not expert in trading and you do not have any experience in trading then you will much lost and if you are expert then you will get a good profit.
In order to be an expert trader, you must lose several times and you have to carry that risk. You'll get your knowledge not only from exprience but also from expert traders whom can share his/her knowledge, and from forums and articles which can used to get some knowledge and effective guide in trading.

Trading is not a one day job , neither it is like you go and trade blindly. If you really want to succeed in trading then you should first have a through knowledge of the coin you are trading and its past history.
Correct trading will need long time to earn specially if the altcoin you buy was slowly to increase its value and also agree that you need to have more knowledge in trading because trading is not easy method if you only know is to buy in lowest price and sell if the price goes high that is basic you need to learn about all coin which have a potential to increase its price.
Agree with you. Trading a long process work to make profit with have good idea and skill to choose the correct decision instantly. Trading market always changing, you should update with it. In my personal opinion, with connected altcoin trading you can make good earning in few days.
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April 02, 2017, 01:38:52 PM
 #1222

trading for me is a pleasure and work. we can get good results when we have the experience. experience is important, so do not ever give up if we had not tried as much as possible. experience will be talking about the end result.
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April 03, 2017, 08:01:31 PM
 #1223

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.
actually, no one will stop your decision about it. Only you can make a good result for you to gain more profit into bitcoin world. Though, you know the meaning of quitting was not good to anyone but to others its a positive side.
yes that is right to quit trading is not a good decision. i think that if you think that you cannot make good profit from trading then you shold try to change your trading strategy. but to quit trading is not a right decision.

pinkpanther03
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April 04, 2017, 07:24:56 PM
 #1224

Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
Long term trading basis is a very safe to do, you only need to Buy and hold then wait it 2 to 3 years then let's see what's the value its gonna be. As long as you can afford to buy then do buy from time to time. Then once you get involve yourself in trading you should stand for it no matter what it takes,.
richardsNY
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April 04, 2017, 07:58:52 PM
 #1225

Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
Long term trading basis is a very safe to do, you only need to Buy and hold then wait it 2 to 3 years then let's see what's the value its gonna be. As long as you can afford to buy then do buy from time to time. Then once you get involve yourself in trading you should stand for it no matter what it takes,.

That's more long to semi long term holding rather than trading. If you're talking slow trading, then it's a few weeks to at most a few months. Bitcoin's volatile nature lends itself perfectly for that. I have been doing exactly that from the very beginning, and thus far it has been working well for me. I prefer slow trading over day trading or trading on a weekly basis. It's far less time consuming and it also doesn't involve any stress.
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April 04, 2017, 10:49:02 PM
 #1226

I prefer slow trading over day trading or trading on a weekly basis. It's far less time consuming and it also doesn't involve any stress.

I am quite a frequent trader that mostly comes in action at the time there is enough volatility. Day trading indeed requires you to constantly stare at various open screens that you have, where basically every up and down movement could be a winning or losing one. I mostly focus on repetitive patterns, but some times the market is moving outside the familiar range, which requires you to take an extra bit of risk when it comes to your trades. I personally don't experience any stress, but it is very tiresome as some trading sessions can last like 10-15 hours, and thus prevents me from going outside, or doing something non Bitcoin related.
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April 04, 2017, 11:08:05 PM
 #1227

Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
Long term trading basis is a very safe to do, you only need to Buy and hold then wait it 2 to 3 years then let's see what's the value its gonna be. As long as you can afford to buy then do buy from time to time. Then once you get involve yourself in trading you should stand for it no matter what it takes,.
Right if op their bitcoin buy altcoin and hold it for 1-3 years and see the result of what happen to the coin and thats good if the coin pump. For example etherum if op buy this altcoin last 2016 of january and hold it for 1 year their money become 6x or 7x and thats so awesome. If Op hold their bitcoin when the day started this topic and sell it now their money become3x . Trading is good for me . Every invesment we some research.
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April 05, 2017, 12:38:17 AM
 #1228

trading for me is a pleasure and work. we can get good results when we have the experience. experience is important, so do not ever give up if we had not tried as much as possible. experience will be talking about the end result.

It is a pleasure and work already and for those people that are having hard time to make some money on it and make this as a career.

Much better if they'll look for some other ways to earn, maybe trading isn't really for them.

There are some opportunities that are waiting for them but for those people that are trying hard and coming up to the point of quitting.

They will eventually realize that successful people/traders didn't quit for reaching out their dreams.

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April 05, 2017, 01:13:10 AM
 #1229

Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
Long term trading basis is a very safe to do, you only need to Buy and hold then wait it 2 to 3 years then let's see what's the value its gonna be. As long as you can afford to buy then do buy from time to time. Then once you get involve yourself in trading you should stand for it no matter what it takes,.

There's no guarantee that long term trading is a very safe thing to do. This type of trading is good for those people that are planning to quit, I know that trading needs a lot of effort for studying the market on a daily basis and you should be alerted each time their price moves. It's not that bad if a trader wants to quit but he can still do long term trading just like stock market.


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April 05, 2017, 05:41:05 AM
 #1230

Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
Long term trading basis is a very safe to do, you only need to Buy and hold then wait it 2 to 3 years then let's see what's the value its gonna be. As long as you can afford to buy then do buy from time to time. Then once you get involve yourself in trading you should stand for it no matter what it takes,.

There's no guarantee that long term trading is a very safe thing to do. This type of trading is good for those people that are planning to quit, I know that trading needs a lot of effort for studying the market on a daily basis and you should be alerted each time their price moves. It's not that bad if a trader wants to quit but he can still do long term trading just like stock market.
Not only stock market I guess, bitcoin is good for long term trade or investment because a lot of people believe it will succeed and because of that they will think that it will be more valuable in the future. You are right that there is no guarantee because it's still a gamble but we calculated the risk and we educate ourselves to make a good decision every time, lazy people are not welcome in trading because trading is for smart people.

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April 05, 2017, 05:55:16 AM
 #1231

Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
Long term trading basis is a very safe to do, you only need to Buy and hold then wait it 2 to 3 years then let's see what's the value its gonna be. As long as you can afford to buy then do buy from time to time. Then once you get involve yourself in trading you should stand for it no matter what it takes,.

There's no guarantee that long term trading is a very safe thing to do. This type of trading is good for those people that are planning to quit, I know that trading needs a lot of effort for studying the market on a daily basis and you should be alerted each time their price moves. It's not that bad if a trader wants to quit but he can still do long term trading just like stock market.
Not only stock market I guess, bitcoin is good for long term trade or investment because a lot of people believe it will succeed and because of that they will think that it will be more valuable in the future. You are right that there is no guarantee because it's still a gamble but we calculated the risk and we educate ourselves to make a good decision every time, lazy people are not welcome in trading because trading is for smart people.
It doesnt really need for you to be smart in able to engage on trading as long you are willing and persistent on learning it then it would be still okay. Trading isnt really an easy job because it would takes time and experience for you to learn and making mistakes is just really normal but we shouldnt give up on which OP did now.

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April 05, 2017, 11:46:02 AM
 #1232

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.
Well i quit trading too just a month ago because i got bored in trading. And after i quit trading the money that i just got in trading well i save the half of it and the other half i spend it to the things that i wanted.
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April 05, 2017, 01:01:49 PM
 #1233

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.

You can spend or find a dealer to get some cash on your/other bank account. Pretty simple
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April 05, 2017, 01:31:23 PM
 #1234

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.

That is a really big investment, I don't think you should stop trading, I mean you was deposited such a huge balance (I think) and with that amount I could get many profits. I don't want to say that you aren't a good trader but maybe you should read more before decide to start trade

i am agree with ko0ll0ove said and i think you have good experience from trading so you can make big money in the other time no matter if you only have loss. but if your decision is make and you really want to quit trading, then you can quit without regret and maybe you can comeback someday and doin trading again like before.
Losing 7 BTC from 47 BTC is just a small portion of your capital in trading, I thought we trade with the amount of money we can afford to lose. With that, we should keep pushing until we reach profit and use our experience to improve our method. If I'm in the position of OP, I will only quit when I lost all my capital in trading.

The right thought. Because with the amount of funds or simply rely on BTC that we have to use as trading capital will not be enough to give you an advantage. Indeed the most tricks and how to deliver tangible results is on the experience we have, by relying on a good experience will give you a good profit. But I need to know the primary key in the play trading is on self control and analyze us. If we can speak and then I'm sure profits will always be within us
 
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April 05, 2017, 02:17:12 PM
 #1235

Many people quit trading for various reasons. Some of not good results, lack of funds or big losses. The thruth is that Bitcoin trading is not so easy anymore and the most experienced, dedicated and skilled have survived in that business. But if you have lost more than you have warner and if you can be on trading platformes 24/7 than is better to quit.

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April 05, 2017, 02:19:20 PM
 #1236

I think why you want to quit trading because you loss some bitcoin because you do not make a research before buying altcoin. Trading is not easy but if you really want to earn to this you need to be hard work and patience . more people quit also trading because they don't have a patience and skills. If you want to invest your remaining bitcoin I think the best way to grow your bitcoin is to invest in ICO this gives you reward after ICO ends and you can earn profit from it but be careful many ICO now are scam . Invest only who have trusted escrow.
yes winning and loosing bitcoin is the part of trading and some time we make money in trading while other time we even lose our own money in trading but it does not mean to lose heart, i think we need to continue trading with changing strategy.
yeah you are right that winning and loosing is the part of trading but sometime its depend on you if you are not expert in trading and you do not have any experience in trading then you will much lost and if you are expert then you will get a good profit.
In order to be an expert trader, you must lose several times and you have to carry that risk. You'll get your knowledge not only from exprience but also from expert traders whom can share his/her knowledge, and from forums and articles which can used to get some knowledge and effective guide in trading

I don't think this is really required

At least, not in the sense you might mean it, i.e. losing your deposit a few times. For example, in the wild there may be no second chance after you got eaten, but animals do teach their offspring somehow to effectively evade predators. The trial and error approach would be utterly counterproductive in such cases for pretty obvious reasons. It is the same with trading, if you set up yourself this way, i.e. "you must lose several times" before turning into a pro, you will inevitably lose but whether your chances to become a real pro actually increased would still not be certain or given at all

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April 05, 2017, 10:34:35 PM
 #1237

Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.
Long term trading basis is a very safe to do, you only need to Buy and hold then wait it 2 to 3 years then let's see what's the value its gonna be. As long as you can afford to buy then do buy from time to time. Then once you get involve yourself in trading you should stand for it no matter what it takes,.

There's no guarantee that long term trading is a very safe thing to do. This type of trading is good for those people that are planning to quit, I know that trading needs a lot of effort for studying the market on a daily basis and you should be alerted each time their price moves. It's not that bad if a trader wants to quit but he can still do long term trading just like stock market.
Not only stock market I guess, bitcoin is good for long term trade or investment because a lot of people believe it will succeed and because of that they will think that it will be more valuable in the future. You are right that there is no guarantee because it's still a gamble but we calculated the risk and we educate ourselves to make a good decision every time, lazy people are not welcome in trading because trading is for smart people.

Yes, as I said it's good for those people that are planning to quit. They can simply let their coins at their cold storage and just do what they want to do and leave it there. And maybe after 6 months or year they can get back into and will look on how much their investment is cost right now. Hmm, trading is for everyone especially those who wants to learn.


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stergium
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April 06, 2017, 10:38:35 PM
 #1238

Many people quit trading for various reasons. Some of not good results, lack of funds or big losses. The thruth is that Bitcoin trading is not so easy anymore and the most experienced, dedicated and skilled have survived in that business. But if you have lost more than you have warner and if you can be on trading platformes 24/7 than is better to quit.
to me i do not think that it is such a good idea to quit trading because of loosing money i think you should change your strategy and planing about trading and hope you will be successful one day.
Sled
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April 07, 2017, 01:05:37 AM
 #1239

Many people quit trading for various reasons. Some of not good results, lack of funds or big losses. The thruth is that Bitcoin trading is not so easy anymore and the most experienced, dedicated and skilled have survived in that business. But if you have lost more than you have warner and if you can be on trading platformes 24/7 than is better to quit.
to me i do not think that it is such a good idea to quit trading because of loosing money i think you should change your strategy and planing about trading and hope you will be successful one day.
I do agree that quitting is such a bad idea because if you are a real trader who have a lot of dedication then quitting is just a fantasy and you should stay in the game and continue fighting to the battles of trading. If you are getting bad results then treat them as a lesson and make them as a basis to do better decisions and performance.
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April 07, 2017, 02:02:48 AM
 #1240

Many people quit trading for various reasons. Some of not good results, lack of funds or big losses. The thruth is that Bitcoin trading is not so easy anymore and the most experienced, dedicated and skilled have survived in that business. But if you have lost more than you have warner and if you can be on trading platformes 24/7 than is better to quit.
to me i do not think that it is such a good idea to quit trading because of loosing money i think you should change your strategy and planing about trading and hope you will be successful one day.
I do agree that quitting is such a bad idea because if you are a real trader who have a lot of dedication then quitting is just a fantasy and you should stay in the game and continue fighting to the battles of trading. If you are getting bad results then treat them as a lesson and make them as a basis to do better decisions and performance.
That's why we think life is unfair as those circumstances happen .Not all traders are learning from their mistakes they over do it especially the newbies who have no guide or trading with their own without asking for someone who trade .
In the fact that quitting is not a good idea but, i see there's a time you need to quit not because you are a losser but it is for better .I am trader also and i'm not good i think i have a lot of coins stock for long trades as i loss big amounts of being a scam or a dead coin but i need a right timing to start again and being ready overall.


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