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Author Topic: I quit trading  (Read 242522 times)
btcdamnit
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April 15, 2017, 07:52:27 AM
 #1301

Chances are very good you will loose Even more if you go in for trading...
Rather than that.... Keeping 40 btc Is still trading because btc price will eventually go higher

Or you can invest for longterm  in major promising Altcoin like Ethereum Dash XMR or Litecoin... etc
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April 15, 2017, 11:03:24 AM
 #1302

None has a strong reason to quit trading. Very few say that mining is not profiting much so they quit. Most of the active traders and following the simple concept of buy low and sell high. This is not possible not all the time, at times based on price movement the profit margin need to be reduced to sustain long in trading.

Very precisely. Only for those who have not understood about trading that would say that a trading is the very thing that harms or just give a small profit. Because of trading essentially is the place for those who can understand and comprehend the margins on trading, if indeed they do not understand and comprehend the margin then it will be difficult. And to be able to understand and grasp the margin then it should be able to analyze each trading
 

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.
yes that is very right to say that it is the best time to invest in bitcoin because the price of bitcoin is trading as low and it is expected that the price of bitcoin will increase more and more.
i do not think that the price of bitcoin is trading as low. it is already trading above 1200 USD level. but still the price of bitcoin has good potential to increase more and more and that is the reason that still it is good time to invest in bitcoin. i am hopeful that very soon the price of bitcoin is expected to cross 2000 USD level very soon.
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April 15, 2017, 12:20:25 PM
 #1303

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.
Yes its a good idea to buy now but we can also wait to become $1000 for sure the price will increase fast if the price will dump for that price.  Trading is also needs timing
i think it will be a foolish decision to wait for the price of come down, because the price of bitcoin already stay there for a long time and now we can hope that it going to increase. therefore to me i think it is the best opportunity to buy bitcoin right now and then hold it for next few months to get a desirable result.

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darthmaul
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April 15, 2017, 12:24:24 PM
 #1304

Now that you have around 56 thousand dollars with you, you can open up your own firm which operates mining of bitcoins. You can set up the fully operational unit to mine more bitcoins for your lifetime. Just imagine! You will have lifetime income and you don't really have to do anything except to spend your money.

Tip of advice, try to install with solar electric grid so that you cut your electricity costs.  Cheesy

And if you wanna just spend the bitcoins and not reinvest them, then you can throw up parties every weekend, join some exclusive clubs and get crazy avenger to drive along beach side.  Smiley

 
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boyptc
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April 15, 2017, 02:09:12 PM
 #1305

You can only mine when your electricity price is lower than $0.07. Otherwise, it is better to cloud mine.

I don't agree with it, there is nothing better if you are going to say, it's better to do cloud mining. It's better to quit for real and stop because you are just going to be ended up scammed by that website and let's learn from the past incidents of those early cloud mining sites that runaway the funds of their investors.


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MoneyIsDebt
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April 15, 2017, 04:08:15 PM
 #1306

None has a strong reason to quit trading. Very few say that mining is not profiting much so they quit. Most of the active traders and following the simple concept of buy low and sell high. This is not possible not all the time, at times based on price movement the profit margin need to be reduced to sustain long in trading.

Very precisely. Only for those who have not understood about trading that would say that a trading is the very thing that harms or just give a small profit. Because of trading essentially is the place for those who can understand and comprehend the margins on trading, if indeed they do not understand and comprehend the margin then it will be difficult. And to be able to understand and grasp the margin then it should be able to analyze each trading
 

Right now might be a good time to buy  as the price has dropped some. If you can time your trading correctly, you will be able to increase your s over time.
yes i also think that it will be a right decision. as the price is still trading below 1200 USD therefore it is still good time to trade  and secure a good position. because the price can go increase at any time.
right know investing in it is really a good decision rather than quitting and i hope it will rise its price to an extent at the last of this year or start of next year. trading of bitcoin will really good at that time.
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April 15, 2017, 07:50:31 PM
 #1307

You can only mine when your electricity price is lower than $0.07. Otherwise, it is better to cloud mine.

I don't agree with it, there is nothing better if you are going to say, it's better to do cloud mining. It's better to quit for real and stop because you are just going to be ended up scammed by that website and let's learn from the past incidents of those early cloud mining sites that runaway the funds of their investors.

Basically every cloud mining site will eventually close its doors, or they will 'legitimately' void your hash contract(s) where you end up with nothing if the service in question sees your contracts as not profitable anymore. I doubt in current times that anyone will ever see 50% of his initial investment back. All odds are against the end user. People who are still willing to "invest" in cloud mining are basically agreeing to something called capital destruction.
Jewell
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April 15, 2017, 10:51:09 PM
 #1308

None has a strong reason to quit trading. Very few say that mining is not profiting much so they quit. Most of the active traders and following the simple concept of buy low and sell high. This is not possible not all the time, at times based on price movement the profit margin need to be reduced to sustain long in trading.

Very precisely. Only for those who have not understood about trading that would say that a trading is the very thing that harms or just give a small profit. Because of trading essentially is the place for those who can understand and comprehend the margins on trading, if indeed they do not understand and comprehend the margin then it will be difficult. And to be able to understand and grasp the margin then it should be able to analyze each trading
 

Right now might be a good time to buy  as the price has dropped some. If you can time your trading correctly, you will be able to increase your s over time.
yes i also think that it will be a right decision. as the price is still trading below 1200 USD therefore it is still good time to trade  and secure a good position. because the price can go increase at any time.
right know investing in it is really a good decision rather than quitting and i hope it will rise its price to an extent at the last of this year or start of next year. trading of bitcoin will really good at that time.
if you are not getting succeeded  in trading and going to quit trading then you should try to change your trading planing and strategy instead of quieting trading. hope through this way you will start making money from trading.
boyptc
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April 16, 2017, 02:06:55 PM
 #1309

You can only mine when your electricity price is lower than $0.07. Otherwise, it is better to cloud mine.

I don't agree with it, there is nothing better if you are going to say, it's better to do cloud mining. It's better to quit for real and stop because you are just going to be ended up scammed by that website and let's learn from the past incidents of those early cloud mining sites that runaway the funds of their investors.

Basically every cloud mining site will eventually close its doors, or they will 'legitimately' void your hash contract(s) where you end up with nothing if the service in question sees your contracts as not profitable anymore. I doubt in current times that anyone will ever see 50% of his initial investment back. All odds are against the end user. People who are still willing to "invest" in cloud mining are basically agreeing to something called capital destruction.
That's their last resort if they are seeing that their investors are just collecting hash power and has a very good rate, they will void it for real or they can just simply run away for real and will let the site keep on running without operator and admin to support for the queries and answering the problem of their investors.


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April 16, 2017, 06:18:06 PM
 #1310

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.
Yes its a good idea to buy now but we can also wait to become $1000 for sure the price will increase fast if the price will dump for that price.  Trading is also needs timing

Unless there is a big bad news, I think the price will be above $1000.
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April 16, 2017, 07:01:14 PM
 #1311

Chances are very good you will loose Even more if you go in for trading...
Rather than that.... Keeping 40 btc Is still trading because btc price will eventually go higher

Or you can invest for longterm  in major promising Altcoin like Ethereum Dash XMR or Litecoin... etc

Well the cryptos that you've mentioned are also following the trading patterns of bitcoin for the most part, and apparently bitcoin is also doing good amidst the drama that is currently on going as to where are we going from here. I suggest that you just keep it as it is since the growth wouldn't stop here; there's a lot of money to be made in bitcoin. But to don't miss out on the opportunities, you can always try to diversify your assets.

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Nagadota
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April 16, 2017, 07:14:17 PM
 #1312

Chances are very good you will loose Even more if you go in for trading...
Rather than that.... Keeping 40 btc Is still trading because btc price will eventually go higher

Or you can invest for longterm  in major promising Altcoin like Ethereum Dash XMR or Litecoin... etc

Well the cryptos that you've mentioned are also following the trading patterns of bitcoin for the most part, and apparently bitcoin is also doing good amidst the drama that is currently on going as to where are we going from here. I suggest that you just keep it as it is since the growth wouldn't stop here; there's a lot of money to be made in bitcoin. But to don't miss out on the opportunities, you can always try to diversify your assets.
Generally it's good to put money in several different cryptocurrencies at once so that you know that they're fairly stable and likely to go up.  There's a CRYPTO5 index in the securities section which invests in 5 cryptocurrencies and has had 300% increase in the past year as I recall.

whizter
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April 17, 2017, 08:00:46 AM
 #1313

Chances are very good you will loose Even more if you go in for trading...
Rather than that.... Keeping 40 btc Is still trading because btc price will eventually go higher

Or you can invest for longterm  in major promising Altcoin like Ethereum Dash XMR or Litecoin... etc

Well the cryptos that you've mentioned are also following the trading patterns of bitcoin for the most part, and apparently bitcoin is also doing good amidst the drama that is currently on going as to where are we going from here. I suggest that you just keep it as it is since the growth wouldn't stop here; there's a lot of money to be made in bitcoin. But to don't miss out on the opportunities, you can always try to diversify your assets.
Generally it's good to put money in several different cryptocurrencies at once so that you know that they're fairly stable and likely to go up.  There's a CRYPTO5 index in the securities section which invests in 5 cryptocurrencies and has had 300% increase in the past year as I recall.
yes distributing your money in different places is really a good idea, through this way you can get more chances to make to earn money. i myself has distributed my money in different alt cons and i am really getting a good profit from it.

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poetra2501
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April 17, 2017, 08:30:07 AM
 #1314

Chances are very good you will loose Even more if you go in for trading...
Rather than that.... Keeping 40 btc Is still trading because btc price will eventually go higher

Or you can invest for longterm  in major promising Altcoin like Ethereum Dash XMR or Litecoin... etc

Well the cryptos that you've mentioned are also following the trading patterns of bitcoin for the most part, and apparently bitcoin is also doing good amidst the drama that is currently on going as to where are we going from here. I suggest that you just keep it as it is since the growth wouldn't stop here; there's a lot of money to be made in bitcoin. But to don't miss out on the opportunities, you can always try to diversify your assets.
Generally it's good to put money in several different cryptocurrencies at once so that you know that they're fairly stable and likely to go up.  There's a CRYPTO5 index in the securities section which invests in 5 cryptocurrencies and has had 300% increase in the past year as I recall.
yes distributing your money in different places is really a good idea, through this way you can get more chances to make to earn money. i myself has distributed my money in different alt cons and i am really getting a good profit from it.
Of course, we should distributed our money in different places and also in different altcoin. Because If we
put our funds only in one Exchanger, if the hack happened then all our funding also will be lost.
numanoid
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April 17, 2017, 08:39:58 AM
 #1315

Chances are very good you will loose Even more if you go in for trading...
Rather than that.... Keeping 40 btc Is still trading because btc price will eventually go higher

Or you can invest for longterm  in major promising Altcoin like Ethereum Dash XMR or Litecoin... etc

Well the cryptos that you've mentioned are also following the trading patterns of bitcoin for the most part, and apparently bitcoin is also doing good amidst the drama that is currently on going as to where are we going from here. I suggest that you just keep it as it is since the growth wouldn't stop here; there's a lot of money to be made in bitcoin. But to don't miss out on the opportunities, you can always try to diversify your assets.
Generally it's good to put money in several different cryptocurrencies at once so that you know that they're fairly stable and likely to go up.  There's a CRYPTO5 index in the securities section which invests in 5 cryptocurrencies and has had 300% increase in the past year as I recall.
yes distributing your money in different places is really a good idea, through this way you can get more chances to make to earn money. i myself has distributed my money in different alt cons and i am really getting a good profit from it.
Of course, we should distributed our money in different places and also in different altcoin. Because If we
put our funds only in one Exchanger, if the hack happened then all our funding also will be lost.
I disagree with your planning to distribute your money in some exchange sites, for me i would stick with 1 exchange site and invest in some altcoins which listed on that site. I wouldn't put all my money on exchange site, the reason like you said, but you can put your money in a trustworthy exchange site (i.e Poloniex), when they got hacked before (i forgot when the time they got that) the owner pay from his own pocket to all investor funds which have been lost.
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April 25, 2017, 05:55:52 PM
 #1316

Chances are very good you will loose Even more if you go in for trading...
Rather than that.... Keeping 40 btc Is still trading because btc price will eventually go higher

Or you can invest for longterm  in major promising Altcoin like Ethereum Dash XMR or Litecoin... etc

Well the cryptos that you've mentioned are also following the trading patterns of bitcoin for the most part, and apparently bitcoin is also doing good amidst the drama that is currently on going as to where are we going from here. I suggest that you just keep it as it is since the growth wouldn't stop here; there's a lot of money to be made in bitcoin. But to don't miss out on the opportunities, you can always try to diversify your assets.
Generally it's good to put money in several different cryptocurrencies at once so that you know that they're fairly stable and likely to go up.  There's a CRYPTO5 index in the securities section which invests in 5 cryptocurrencies and has had 300% increase in the past year as I recall.
yes distributing your money in different places is really a good idea, through this way you can get more chances to make to earn money. i myself has distributed my money in different alt cons and i am really getting a good profit from it.
Of course, we should distributed our money in different places and also in different altcoin. Because If we
put our funds only in one Exchanger, if the hack happened then all our funding also will be lost.
I disagree with your planning to distribute your money in some exchange sites, for me i would stick with 1 exchange site and invest in some altcoins which listed on that site. I wouldn't put all my money on exchange site, the reason like you said, but you can put your money in a trustworthy exchange site (i.e Poloniex), when they got hacked before (i forgot when the time they got that) the owner pay from his own pocket to all investor funds which have been lost.

I think it is better to stick with one or two good exchange.

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April 25, 2017, 07:25:17 PM
 #1317

Chances are very good you will loose Even more if you go in for trading...
Rather than that.... Keeping 40 btc Is still trading because btc price will eventually go higher

Or you can invest for longterm  in major promising Altcoin like Ethereum Dash XMR or Litecoin... etc

Well the cryptos that you've mentioned are also following the trading patterns of bitcoin for the most part, and apparently bitcoin is also doing good amidst the drama that is currently on going as to where are we going from here. I suggest that you just keep it as it is since the growth wouldn't stop here; there's a lot of money to be made in bitcoin. But to don't miss out on the opportunities, you can always try to diversify your assets.
Generally it's good to put money in several different cryptocurrencies at once so that you know that they're fairly stable and likely to go up.  There's a CRYPTO5 index in the securities section which invests in 5 cryptocurrencies and has had 300% increase in the past year as I recall

And you are in for a big surprise

Since most altcoins (especially from the top5 or top10) move synchronously (more or less). So instead of booking hefty profits (as you may hope), you will likely have to fix losses. New coins don't follow this pattern but they are typically just pump-and-dump coins with no hope of coming back. You can see plenty of these crappy coins at Yobit exchange, the last refuge and resting place for most of them, a graveyard of forsaken hopes and lost savings

batang_bitcoin
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April 25, 2017, 09:13:42 PM
 #1318

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.
Yes its a good idea to buy now but we can also wait to become $1000 for sure the price will increase fast if the price will dump for that price.  Trading is also needs timing

Unless there is a big bad news, I think the price will be above $1000.

Unless there is no bad news rather, so for those people that are planning to quit trading. You should think again because the fact that most of the people are staying and they are seeing a lot of good positive output coming from bitcoin. I would say that keep on trading guys the price is up now at $1,300.

8Habits
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April 26, 2017, 02:51:24 AM
 #1319

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.
Yes its a good idea to buy now but we can also wait to become $1000 for sure the price will increase fast if the price will dump for that price.  Trading is also needs timing

Unless there is a big bad news, I think the price will be above $1000.

Unless there is no bad news rather, so for those people that are planning to quit trading. You should think again because the fact that most of the people are staying and they are seeing a lot of good positive output coming from bitcoin. I would say that keep on trading guys the price is up now at $1,300.

I am with you mate. Trading is a long time profession and it will stay there for good - you just need to learn how to play your game.
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April 26, 2017, 10:16:14 AM
 #1320

Right now might be a good time to buy Bitcoin as the price has dropped some. If you can time your trading correctly, you will be able to increase your Bitcoins over time.
Yes its a good idea to buy now but we can also wait to become $1000 for sure the price will increase fast if the price will dump for that price.  Trading is also needs timing

Unless there is a big bad news, I think the price will be above $1000.

Unless there is no bad news rather, so for those people that are planning to quit trading. You should think again because the fact that most of the people are staying and they are seeing a lot of good positive output coming from bitcoin. I would say that keep on trading guys the price is up now at $1,300.

I am with you mate. Trading is a long time profession and it will stay there for good - you just need to learn how to play your game.
You just don't need to know how you play the game in trading but you also need to know what is needed/requirements to make a successful trade. Never stop learning in trading and never stop being updated in every current in trading. It's quite difficult to understand everything however it can be done if a person has a will and determination.
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