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Author Topic: I quit trading  (Read 242485 times)
Hafas Rama
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June 22, 2017, 03:40:56 AM
 #1501

It is very difficult to predict bitcoin prices, whenever bitcoin prices can rise or fall quickly.
And for trading experience can be a lesson, and now focus with bitcoin only if the high selling price can be directly sold.
After that you may be interested in other businesses such as property business


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coynedterm
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June 22, 2017, 03:58:58 AM
 #1502

It is very difficult to predict bitcoin prices, whenever bitcoin prices can rise or fall quickly.
And for trading experience can be a lesson, and now focus with bitcoin only if the high selling price can be directly sold.
After that you may be interested in other businesses such as property business
Yeah. This is the reality also for me , in the starting I lost my money in the trading much , but at a point of big loss I made a plan in my mind and think that down in the price of a coin is a better opportunity to buy and up in the price of the coin is not a date way to invest your money , and after this I always buy only those coins which were at down and always after the place it for the sell at the rate of 10% more price . And with this idea get rich in two months .
Here the OP is really a rich person but if he still hold his Bitcoin then surely turn his money about 5 times then was in September 2015 .
Because in the last of 2015 the price was very low 200-300$ but in the current time price telling what the OP have ( if he didn't yet sold his Bitcoin ) .
Well here I will suggest to op that if he still have those Bitcoin then he should hold it for the end of 2020 because the prices will increase more and more and no one can stop it to rise because people are daily entering in this business .

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ModGirl
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June 22, 2017, 11:10:41 PM
 #1503

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.
ICO investment is a better advice for any person like that who are unable to do trade and who s losing in trade. IN legit ICO any person can earn a good profit without doing any hard work as in this he will just buy the coins in the ICO and will wait for a good time which will not take much time.
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June 23, 2017, 06:23:55 AM
 #1504

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.
ICO investment is a better advice for any person like that who are unable to do trade and who s losing in trade. IN legit ICO any person can earn a good profit without doing any hard work as in this he will just buy the coins in the ICO and will wait for a good time which will not take much time.
Yes I agree on this if anyone is facing issues in trading how to make a right trade and how to make a profit in trading. Best leave that and invest on ICO project definitely it will give you good profit after sometimes. Here you no need to do anything just buy and hold it for some time. Once it enters the market, then your profit is going start. I this is without having a risk this is the best investment.
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June 23, 2017, 06:35:33 AM
 #1505

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.
Yeah. Losing is part of being a trader. I can considered that losing is the best teacher for you to learn in the trading world. I know it is good if we learn a lot for us to change the wrong move.
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June 23, 2017, 06:41:40 AM
 #1506

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.
Yeah. Losing is part of being a trader. I can considered that losing is the best teacher for you to learn in the trading world. I know it is good if we learn a lot for us to change the wrong move.
You have a good point. If you are a trader you can win and also you can lose. Being a trader losing is part in the trading world. Trading is a high risk job so we must be care.
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June 26, 2017, 11:11:02 AM
 #1507

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.
Yeah. Losing is part of being a trader. I can considered that losing is the best teacher for you to learn in the trading world. I know it is good if we learn a lot for us to change the wrong move.
You have a good point. If you are a trader you can win and also you can lose. Being a trader losing is part in the trading world. Trading is a high risk job so we must be care.

Correct. Trading is really a risky task and can be very emotionally draining if you do not know what you are doing. However, if you gain trading knowledge and skills, you are up to greater gains because more risks means more profit and when you have more winning trades versus losing trades, you are up for a big earning profit.
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June 26, 2017, 01:06:48 PM
 #1508

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.
Yeah. Losing is part of being a trader. I can considered that losing is the best teacher for you to learn in the trading world. I know it is good if we learn a lot for us to change the wrong move.
You have a good point. If you are a trader you can win and also you can lose. Being a trader losing is part in the trading world. Trading is a high risk job so we must be care.

Correct. Trading is really a risky task and can be very emotionally draining if you do not know what you are doing. However, if you gain trading knowledge and skills, you are up to greater gains because more risks means more profit and when you have more winning trades versus losing trades, you are up for a big earning profit.

Trade is the same job as everyone else. And there too, there are risks and troubles. It is necessary to treat this with sapokoingo. If you take risks, it's justified. Always set limits. Do not make decisions at a time when emotions overwhelm you

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June 26, 2017, 02:22:51 PM
 #1509

I do believe you have learned something significant especially how to manage risk and emotional control. Loses 7bitcoin is not a loses to me but a great gained as the values of bitcoin has increased significantly. Others coins are also coming up of recent which you can take advantage of.
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June 26, 2017, 03:27:50 PM
 #1510

I do believe you have learned something significant especially how to manage risk and emotional control. Loses 7bitcoin is not a loses to me but a great gained as the values of bitcoin has increased significantly. Others coins are also coming up of recent which you can take advantage of.
losing bitcoin i think is a good reason why we need to stop trading, but a lesson to be learned that we need to change in ourselves. in order for us not to lose money again we need to change our life strategy , we need to correct the things that we have been do wrong, in that case we will be successful on the things that we will do again.
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June 26, 2017, 04:35:20 PM
 #1511

Before getting into trading one needs to analyse as much possible about his knowledge in trading and learn the necessary information or else need to analyse whether he's passionate about it. Because if one is passionate he'll stay active and try to make big earning, or else on experiencing loss this will be happening.

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June 26, 2017, 05:24:55 PM
 #1512

I also quit trading but in my case i cant sell it on high price . We know that a traders motto is buy low sell high but im having a problem about selling it high. So im gonna quit trading maybe this is not my forte maybe i born to be a gambler or something. Im planning also to deposit all my bitcoins in a gambling site because i could make a money from it in along term. You should do this too
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June 26, 2017, 09:23:43 PM
 #1513

Im planning also to deposit all my bitcoins in a gambling site because i could make a money from it in along term. You should do this too

Sorry, but if you really think gambling is a viable long term money making solution, then you're 100% delusional. What's even worse, is that you advice others to do the same. Don't drag others down with you, just because you see no other option out of frustration. If you go wrong with trading, you'll just lose a certain percentage, let it be 20% in this case. If you lose with gambling, literally everything is gone at once -- that's quite a difference isn't it?
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June 26, 2017, 09:35:07 PM
 #1514

I do believe you have learned something significant especially how to manage risk and emotional control. Loses 7bitcoin is not a loses to me but a great gained as the values of bitcoin has increased significantly. Others coins are also coming up of recent which you can take advantage of.

Even losing 7 bitcoin is still not a lose for you? For me that is extremely a lot of bitcoins to lose already. And it is happening now that the price is on correction I guess. So if you lose 7 bitcoins that will small for a while but when the price starts to increase that will give you another hope that you won't be quitting trade.



 

 

 

 

 

 


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June 26, 2017, 10:51:55 PM
 #1515

if you want to invest , invest in something that isn't a gamble, maybe if you cheap electricity bill, you can choose the route of mining with the new S7
But everything in this world is a risk especially if you are going to out your money/capital into investment business.
And almost businessmen are risking their capital unto it. Due to they've always had positive in mind Cheesy
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June 26, 2017, 11:00:05 PM
 #1516

if you want to invest , invest in something that isn't a gamble, maybe if you cheap electricity bill, you can choose the route of mining with the new S7
But everything in this world is a risk especially if you are going to out your money/capital into investment business.
And almost businessmen are risking their capital unto it. Due to they've always had positive in mind Cheesy
That absolutely correct, everything is a risk but as an investor we must carefully choose what kind of risk we will be taking.
We cannot eliminate the risk but we can always mitigate it if we know it, that way we will have a good chance to be successful with our venture to risk.
Trading is just one way of increasing your money, and while some are making, the others are also losing, you need to be in the winning side and do what it needs to be done to make it happen.

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June 27, 2017, 10:35:11 AM
 #1517

if you want to invest , invest in something that isn't a gamble, maybe if you cheap electricity bill, you can choose the route of mining with the new S7
But everything in this world is a risk especially if you are going to out your money/capital into investment business.
And almost businessmen are risking their capital unto it. Due to they've always had positive in mind Cheesy
That absolutely correct, everything is a risk but as an investor we must carefully choose what kind of risk we will be taking.
We cannot eliminate the risk but we can always mitigate it if we know it, that way we will have a good chance to be successful with our venture to risk.
Trading is just one way of increasing your money, and while some are making, the others are also losing, you need to be in the winning side and do what it needs to be done to make it happen.

Right. Though you also have to make yourself prepared mentally and emotionally in the case you lose money in some of your investments. Composure as well as patience would be a very important attribute to have when you're trading amd always have a contingency plan.

 
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ladydark
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June 27, 2017, 02:17:59 PM
 #1518

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.
Just store your remaining 40 BTC in cold storage for some time.You could recover your lost 7 BTC and even more than that since bitcoin price is continuously increasing.Remember bitcoin price was $850 in december 2016 and now just after six months,its price is around $2400.

chocolah29
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June 27, 2017, 02:49:04 PM
 #1519

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 made a loss of 7btc in 2 years and you are happy? I have been earning and buying bitcoin for 2 years and I don't have 7 btc yet. What have you learned these years in trading? To stop loss?

I think you should just keep the bitcoin in a safe wallet and leave them. It's going to worth much more in a few years.

You like to be a good trader you just lose 7 btc and you're happy with the outcome but wtf it's a huge lose to me,7 btc is something huh.
Well if you gonna ask me what will you do with your 40btc, well im just here, you can lend me some or give it to me! Just kidding!  Grin
Your 40btc is enough to open some business that you desire, pleasure yourself or you can donate some of those to charity institutions, at least you've help the needy.

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Viyamore
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June 28, 2017, 03:25:39 AM
 #1520

if you want to invest , invest in something that isn't a gamble, maybe if you cheap electricity bill, you can choose the route of mining with the new S7
But everything in this world is a risk especially if you are going to out your money/capital into investment business.
And almost businessmen are risking their capital unto it. Due to they've always had positive in mind Cheesy
That absolutely correct, everything is a risk but as an investor we must carefully choose what kind of risk we will be taking.
We cannot eliminate the risk but we can always mitigate it if we know it, that way we will have a good chance to be successful with our venture to risk.
Trading is just one way of increasing your money, and while some are making, the others are also losing, you need to be in the winning side and do what it needs to be done to make it happen.
Now it is not too hard to start i am happy because i know some people who wants to learn trade were earning because of like this situations that happen , A right timing when to buy bitcoins and altcoin when it is dump. It is not only the thing to consider the time that you will spend to watch your trade if you can't you can set the nearest possible price if it pumps than.to hold it if you aren't sure of its fundametals.


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