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Author Topic: I quit trading  (Read 242522 times)
panganib999
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April 07, 2017, 08:06:22 AM
 #1241

Quitting trading is cause by many reason like for losing and don't want to happen that again and some for winning because they don't want to loss their money and many more, but the main key for quitting is to not loss their money whether it's win or loss. But for me it's fun to trade as long as you are trading only your spare money.
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April 07, 2017, 09:23:06 PM
 #1242

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,.
yeah long term trading is very safe and profitable and 2 or 3 year holding bitcoin is very profitable because i am sure bitcoin will be double its price in 1 or 2 years and i hope bitcoin will be more advance in these 2 years.
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April 07, 2017, 10:08:25 PM
 #1243

Quitting trading is cause by many reason like for losing and don't want to happen that again and some for winning because they don't want to loss their money and many more, but the main key for quitting is to not loss their money whether it's win or loss. But for me it's fun to trade as long as you are trading only your spare money.

I'm sorry to say, but I find the term 'fun trading' that you are using to be complete nonsense. If money is at risk, then there is no such a thing as 'fun trading'. It can be called fun trading when you're making use of certain apps or sites that allow you to trade with a fictional balance. Everything that involves real money can't be called fun from my understanding. Actual trading is a serious practice -- no joke.
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April 07, 2017, 10:16:32 PM
 #1244

Quitting trading is cause by many reason like for losing and don't want to happen that again and some for winning because they don't want to loss their money and many more, but the main key for quitting is to not loss their money whether it's win or loss. But for me it's fun to trade as long as you are trading only your spare money.

And that's why there's no reason to quit trading. We know how risky it is but once you started to earn that much you will not going to let yourself forget and quit trading. Many people are experiencing lose and bad things as they trade but for those traders that aren't going to give up, they are the ones that will harvest their hard work.

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April 07, 2017, 10:35:47 PM
 #1245

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.
Op has spend a good time and a good amount of bitcoins in trade but he is unable to earn money in trading and even lost that is why he is disappointed and is leaving from this field. I will suggest to invest in any other place or to start a business with these bitcoin.
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April 08, 2017, 11:33:25 AM
 #1246

Quitting trading is cause by many reason like for losing and don't want to happen that again and some for winning because they don't want to loss their money and many more, but the main key for quitting is to not loss their money whether it's win or loss. But for me it's fun to trade as long as you are trading only your spare money.

And that's why there's no reason to quit trading. We know how risky it is but once you started to earn that much you will not going to let yourself forget and quit trading. Many people are experiencing lose and bad things as they trade but for those traders that aren't going to give up, they are the ones that will harvest their hard work.
Hard Work is needed and I agrre with you but it is not enough we need to work smart too. a lot of thing that we have to do before we trading such as perform technical analysis, fundamentals and trading plan. every trader has their own indicators that tell them when to make trades or not. but sometimes we also can make mistakes and end up losing, and this is normal. Even a professional trader also experienced anything like this. so in my opinion do not give up because after difficulty there will be ease.

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April 08, 2017, 12:02:19 PM
 #1247

Quitting trading is cause by many reason like for losing and don't want to happen that again and some for winning because they don't want to loss their money and many more, but the main key for quitting is to not loss their money whether it's win or loss. But for me it's fun to trade as long as you are trading only your spare money.

And that's why there's no reason to quit trading. We know how risky it is but once you started to earn that much you will not going to let yourself forget and quit trading. Many people are experiencing lose and bad things as they trade but for those traders that aren't going to give up, they are the ones that will harvest their hard work.
The traders usually quit trading if the price in the market down continue, but I think it
was just for a moment. We are can come into the market again due to the price has been
recovered and increase back. So, if we are a professional Trader will not do quit from trading.
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April 08, 2017, 02:55:17 PM
Last edit: April 08, 2017, 03:42:35 PM by Potato Chips
 #1248

Quitting trading is cause by many reason like for losing and don't want to happen that again and some for winning because they don't want to loss their money and many more, but the main key for quitting is to not loss their money whether it's win or loss. But for me it's fun to trade as long as you are trading only your spare money.

And that's why there's no reason to quit trading. We know how risky it is but once you started to earn that much you will not going to let yourself forget and quit trading. Many people are experiencing lose and bad things as they trade but for those traders that aren't going to give up, they are the ones that will harvest their hard work.
The traders usually quit trading if the price in the market down continue, but I think it
was just for a moment. We are can come into the market again due to the price has been
recovered and increase back. So, if we are a professional Trader will not do quit from trading.

Nah, They wouldn't quit for that reason because as you have said the market will certainly rise again. So I'm sure that traders knows that unless if they

are newbies. But some people take short breaks because of that and you won't be able to call it quiting as it is one of their strategies. Based on

reading various threads here, I can say that most traders quit trading because of experiencing a great loss and feeling that they won't be

successful on trading or thinking that it is not for them.

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DarkIT
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April 08, 2017, 06:10:59 PM
 #1249

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

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April 08, 2017, 06:14:40 PM
 #1250

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
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April 08, 2017, 10:28:53 PM
 #1251

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
I do not think that quiting trade is good or for good as trading is a nice and high profit service and there is a guarantee in trade but first you need to learn trade then try to start trading and only for newbie trade is like gambling as they rely only on luck and do not know anything about trade.
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April 08, 2017, 11:47:22 PM
 #1252

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
i do not think that trading is as risky as gambling. to me i think gambling is more risky than trading. in trading we use our skill and experience while in gambling we mostly depend of our luck.
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April 09, 2017, 01:57:37 AM
 #1253

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
i do not think that trading is as risky as gambling. to me i think gambling is more risky than trading. in trading we use our skill and experience while in gambling we mostly depend of our luck.
The risk in trading is less compared into gambling ,but the hours or days of profit or lossing is not as fast as gambling .

Well quiting for your own good is better especially if you can't adjust with the situations on market .I believe not all quitters are lossers it depends on your time and situations in life .Anytime you can go back into trading and be ready to take risk again thats more good thing.


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April 09, 2017, 02:30:42 AM
 #1254

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
i do not think that trading is as risky as gambling. to me i think gambling is more risky than trading. in trading we use our skill and experience while in gambling we mostly depend of our luck.
The risk in trading is less compared into gambling ,but the hours or days of profit or lossing is not as fast as gambling .

Well quiting for your own good is better especially if you can't adjust with the situations on market .I believe not all quitters are lossers it depends on your time and situations in life .Anytime you can go back into trading and be ready to take risk again thats more good thing.
That's true. Not all the quitters are losers because some of them just quits because they believe that trading is not suited for them and they will find another source of income which is they are good at it. I also quit trading for at least 3 months last year because i think that i'm not a good trader because i always experiences losses but even though i already quit in that time, i still try my best to figure out what's my wrong in trading and when i found it, i urgently fix it and get back on track and now, i'm earning good enough profit in trading. I can say that don't quit and just rest and think about some things.
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April 10, 2017, 04:57:08 PM
 #1255

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
i do not think that trading is as risky as gambling. to me i think gambling is more risky than trading. in trading we use our skill and experience while in gambling we mostly depend of our luck.
The risk in trading is less compared into gambling ,but the hours or days of profit or lossing is not as fast as gambling .

Well quiting for your own good is better especially if you can't adjust with the situations on market .I believe not all quitters are lossers it depends on your time and situations in life .Anytime you can go back into trading and be ready to take risk again thats more good thing.
That's true. Not all the quitters are losers because some of them just quits because they believe that trading is not suited for them and they will find another source of income which is they are good at it. I also quit trading for at least 3 months last year because i think that i'm not a good trader because i always experiences losses but even though i already quit in that time, i still try my best to figure out what's my wrong in trading and when i found it, i urgently fix it and get back on track and now, i'm earning good enough profit in trading. I can say that don't quit and just rest and think about some things.

I totally agree. Trading is not as risky as gambling. There will be risks but only minimal because in trading, you can control the risks. All you have to do is study. First, study all about trading. Next, study about the site where you will trade. And lastly, study about the coin that you will buy for trading. You also need to learn when will be the right time to buy and sell your coins. If you've learnt all of this, I assure you that you can avoid or atleast control the risks involve in trading. Never quit trading because it is for medium to long term investments.
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April 10, 2017, 05:10:58 PM
 #1256

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
i do not think that trading is as risky as gambling. to me i think gambling is more risky than trading. in trading we use our skill and experience while in gambling we mostly depend of our luck.
The risk in trading is less compared into gambling ,but the hours or days of profit or lossing is not as fast as gambling .

Well quiting for your own good is better especially if you can't adjust with the situations on market .I believe not all quitters are lossers it depends on your time and situations in life .Anytime you can go back into trading and be ready to take risk again thats more good thing.
That's true. Not all the quitters are losers because some of them just quits because they believe that trading is not suited for them and they will find another source of income which is they are good at it. I also quit trading for at least 3 months last year because i think that i'm not a good trader because i always experiences losses but even though i already quit in that time, i still try my best to figure out what's my wrong in trading and when i found it, i urgently fix it and get back on track and now, i'm earning good enough profit in trading. I can say that don't quit and just rest and think about some things.

I totally agree. Trading is not as risky as gambling. There will be risks but only minimal because in trading, you can control the risks. All you have to do is study. First, study all about trading. Next, study about the site where you will trade. And lastly, study about the coin that you will buy for trading. You also need to learn when will be the right time to buy and sell your coins. If you've learnt all of this, I assure you that you can avoid or atleast control the risks involve in trading. Never quit trading because it is for medium to long term investments.
If we just think how it works and why some bitcoiners earned on it we will be attracted and push ourselves what they do or how they earned profits like that .Its just simple but we will need more up and down experience just to learn from it.

Quiting in time will sometimes make you realize what was wrong with you or in gour trades why you lose ,so the time you go bact to trade you are ready to make a new move again to change and correct your faults that made you loss .We are incharge of the possible results in the end .Quiting is a good option sometimes if we learn from it unlike quit without learning is accepting to be a losser.


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KingdomHearts
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April 10, 2017, 07:55:17 PM
 #1257

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
i do not think that trading is as risky as gambling. to me i think gambling is more risky than trading. in trading we use our skill and experience while in gambling we mostly depend of our luck.
yeah trading is really not risky because people are earning bitcoin in good amount through trading because bitcoin price is going to higher value and a lot of people buying bitcoin with low price and then hold it for high price .
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April 10, 2017, 09:34:26 PM
 #1258

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.
Quitting for good is your decision. Theres no guarantee in trading. We all know that trading is like gambling and also risky. If you dont know what coin you are holding better prepare yourself to be rekt and get hurt.
In a casino there's the house edge. When zero falls at the roulette. Trading sites do it similar but different, you don't pay when you are unlucky but instead you pay on each and every trade, called fees. Usually just 0.2% that results in paying like 5x that a day, or -1% daily.

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April 10, 2017, 11:38:18 PM
 #1259

there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.

You will actually lose, lose a lot of opportunity. Instead of using the time for more profitable things in bitcoin but you chose to quit. Then you surely will lose a lot of things with bitcoin. But if you are not going to quit right now and just take time to relax instead of quitting. It's more better to hear that word.

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RedX
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April 10, 2017, 11:49:08 PM
 #1260

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.

What will you do with all you money? Spend it. But if I were you, I will just go back continue trading because as you what have said you have learned so much in trading. I think if you didn't stop, you could have double your btc right now.
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