I quit trading

[matchi2011]

probably solid trader , even if not profit you still gain much experience after this , meanwhile im about to get started but i dont know what firsdt thing to do and which coin that will be traded , hope i will have much experience like you , so many traders out there who reach their personal profit

Being a trader is hard , and taking a risk is harder too. When you get down and when you get lose your money on the wrong coin just wait maybe someday the wrong coin will have value someday so just hold it. When we get lose we need to rise again it is only a challenge that make as trader be wise in the second chance that we will have.

You're right dude. Don't give up easily on a coin that you've invested on and never sell unless you've broken even or made profits. If a coin that you bought suddenly lost steam and dropped in price, there's a big chance that there will be a rebound pump there so just keep cool. Don't make your frustrations affect your trading

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[Vishnu.Reang]

Trading is always risky. And trading in highly volatile currencies such as Bitcoin and Ethereum is akin to gambling. I am glad that you quit trading, and you still have a lot of coins in your wallets. Please hold them, and cash out when BTC reaches $10,000 or $25,000 per coin.

[Bagaji]

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.

Trading generally is not main for everybody , for some people are good in trading while others are not good in trading. So, since you have discovered that is not something that you are good at based on your experience for two years now.  Please you need to quite in other time avoid loosing more of your money. And I will advise you hold your bitcoin pending when the market value increase then you sell to make some profit .

[jossiel]

Trading is always risky. And trading in highly volatile currencies such as Bitcoin and Ethereum is akin to gambling. I am glad that you quit trading, and you still have a lot of coins in your wallets. Please hold them, and cash out when BTC reaches $10,000 or $25,000 per coin.

If he really can't take trading and he keeps on losing, prevention is better than cure.

Avoidance of the possibility that he can lose more will be more effective rather than pushing himself to keep on trading.

There's a lot of opportunities to bitcoin and trading isn't the only thing.

[Bunsomjelican]

True traders never quit,in terms of doing trade in the market platform. But if you are winning in trading of course
its up to you if you quit or not. Meaning, quitting on trade is depend on your situation.

[zeze18]

I think trading is a routine day-to-day business activity and for me currently trading is a good source of income. I seem to be stopping altcoin trading if it already has abundant wealth and no more trading activity on flatform.

[Viyamore]

True traders never quit,in terms of doing trade in the market platform. But if you are winning in trading of course
its up to you if you quit or not. Meaning, quitting on trade is depend on your situation.

Then if you are winning why would you quit ? No trader will quit if he is winning and the only thing that someone quits trading because of lack of availabiluty to handle his trades or more times he loses than winning.I will say trading isn't meant for all traders orpeople who want  to trade because not all people have a capacity to have an effective trading which makes money more than losing.

[TheGodFather]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

It is not bad when we lost sometimes. Being a trader , we need to accept the fact that we may lost our money sometimes because we may be wrong sometimes investing we need to learn from it, we need to correct that thing and in that we will be good trader and we can avoid losing again sometimes.

[madwica]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

It is not bad when we lost sometimes. Being a trader , we need to accept the fact that we may lost our money sometimes because we may be wrong sometimes investing we need to learn from it, we need to correct that thing and in that we will be good trader and we can avoid losing again sometimes.

Correct and quitting is not a solution for that, we need to recover our lost by continuing to trade and we catch all the learning we been through on the past, if we do some wrong trading just move on and be wise on the next time you trade. I think as trader its normal to lost some money because of the wrong decision.

[Caladonian]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

It is not bad when we lost sometimes. Being a trader , we need to accept the fact that we may lost our money sometimes because we may be wrong sometimes investing we need to learn from it, we need to correct that thing and in that we will be good trader and we can avoid losing again sometimes.

Correct and quitting is not a solution for that, we need to recover our lost by continuing to trade and we catch all the learning we been through on the past, if we do some wrong trading just move on and be wise on the next time you trade. I think as trader its normal to lost some money because of the wrong decision.

Op already find what its best for him I guess that's why he quit trading he's more confident and comfortable in what he's doing right now yeah you are both correct in terms of logic and mindset inside this trading business things happen and what we should do is just think positively that everything will be corrected accordingly,.

[stadus]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

It is not bad when we lost sometimes. Being a trader , we need to accept the fact that we may lost our money sometimes because we may be wrong sometimes investing we need to learn from it, we need to correct that thing and in that we will be good trader and we can avoid losing again sometimes.

Correct and quitting is not a solution for that, we need to recover our lost by continuing to trade and we catch all the learning we been through on the past, if we do some wrong trading just move on and be wise on the next time you trade. I think as trader its normal to lost some money because of the wrong decision.

Quitting is the final step and you quit if you cannot do good with trading and you keep losing, meaning you surrender and will never do it again.
The technique to be successful in trading is by learning from your mistakes but if you are not learning then the last option should be done.

[SomethingMAD]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

It is not bad when we lost sometimes. Being a trader , we need to accept the fact that we may lost our money sometimes because we may be wrong sometimes investing we need to learn from it, we need to correct that thing and in that we will be good trader and we can avoid losing again sometimes.

Trading is a mental strength. If you give up, then you lose forever.
I've lost all the capital, very bad. I stopped for 3 months and started again.
Keep learning from mistakes.
 

[ActiveP]

I dont blame the OP, I was day trading too in the past, buying when the price dipped and selling near the top. With fees of almost 3%, it needed dips of more than $10 to be profitable. Predicting which way the price will go was anyone's guess.

It is tedious sitting in front of the PC all day long waiting for the price to move in your favor. Just hold your coins if you can afford to OP, it will be worth a small fortune in a couple of years with less stress, it is worth more already as the op was in 2015.

[mirakal]

I dont blame the OP, I was day trading too in the past, buying when the price dipped and selling near the top. With fees of almost 3%, it needed dips of more than $10 to be profitable. Predicting which way the price will go was anyone's guess.

It is tedious sitting in front of the PC all day long waiting for the price to move in your favor. Just hold your coins if you can afford to OP, it will be worth a small fortune in a couple of years with less stress, it is worth more already as the op was in 2015.

Day trading gives more chance to profit to those who have the time to do it, it's a passion because if you will not enjoy doing it then it's not for you.
Holding could be the easiest way since you will just wait for you desired price but always remember that you have to invest with knowledge and to be able to do that you need to be well inform with the recent news.

[Casdinyard]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

i feel you brother like right now im losing almost my 60% investment. I work hard to earn that money but in a small period of time almost all are gone. I wanna quit trading but im hoping that one day I will recover it. Thus, i dont want to end as poor as a rat. Like just one wrong move all your hard works are gone. As they say traders are not quitters. So better keep going.

[Viyamore]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

i feel you brother like right now im losing almost my 60% investment. I work hard to earn that money but in a small period of time almost all are gone. I wanna quit trading but im hoping that one day I will recover it. Thus, i dont want to end as poor as a rat. Like just one wrong move all your hard works are gone. As they say traders are not quitters. So better keep going.

Almost all of the traders lose before they earn and in what skills they have now .I think its good you lose only that amount because i already experienced losing more than 100% of my funds saving almost 6-8months in bitcoining. We all think to quit trading because of losses ,but i learned and go back to trading after a few months of resting from trade and now i see my profit and staring al over again but not having a losses.

[arpon11]

You should invest your 40bitcoin on new ICO and fold you hand to see how your investment will bring great return for some years to come. Also you should not see 7bitcoin as loss or even gained trading experience because the cost of bitcoin has changed tremendously.

[BunnyShibe]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

It is not bad when we lost sometimes. Being a trader , we need to accept the fact that we may lost our money sometimes because we may be wrong sometimes investing we need to learn from it, we need to correct that thing and in that we will be good trader and we can avoid losing again sometimes.

Correct and quitting is not a solution for that, we need to recover our lost by continuing to trade and we catch all the learning we been through on the past, if we do some wrong trading just move on and be wise on the next time you trade. I think as trader its normal to lost some money because of the wrong decision.

yes that is right , i also think that quitting is not the solution but we need to change our strategy and planning, if we are using a strategy and we feel and we are not becoming successful using this strategy then we should change our strategy and planning, we need to make planning from beginning and try again, their is no reason that we will succeeded. but if we will quit trading then it will be the end of our trading career.

[radjie]

I almost stop trading when i lost 70% of my investment. But that's how it works. Lost focus and your done.

It is not bad when we lost sometimes. Being a trader , we need to accept the fact that we may lost our money sometimes because we may be wrong sometimes investing we need to learn from it, we need to correct that thing and in that we will be good trader and we can avoid losing again sometimes.

Indeed it sometimes happens if we are not careful in trading so that we feel loss it is already a risk to trade either small trade or in large numbers.

[Kriptex]

You should invest your 40bitcoin on new ICO and fold you hand to see how your investment will bring great return for some years to come. Also you should not see 7bitcoin as loss or even gained trading experience because the cost of bitcoin has changed tremendously.

Here I think the problem is not with numbers. Doesn't matter 40 or 4 bitcoins. The problem is loss happened. I also took a decission and I quited trading as well.