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Author Topic: I quit trading  (Read 242485 times)
wurth
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October 16, 2017, 03:27:54 PM
 #1981

I have quit trading also. I mean you are stressed all the time and a wrong entry can block you for weeks if not months. Better to buy and hold for x months. Eventually it will turn our way.

You not really need to quit trading because you lost your profit once. Try to hold your coins for a little bit longer till the value increase again. You can still work on campaigns while waiting for your coins to increase its value or rather build a mining hardware and earn coins passively while waiting for the market price to increase again.
Its depends bot all coins needs to hold some other you need to let go and buy more at much cheapper price. There are times that you need to stop but don't quit.
Quit trading just make you ignore your chance and transfer to others. But honestly, some people can not make money through trading and I'm also one of these people. However, it does not mean I will give up it forever, this is my opportunity and I know it from Bitcoin, why do I need to accept this failure? But I need to have a long time to improve my skill and emotion before comeback the market.

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October 16, 2017, 04:21:25 PM
 #1982

altcoin prices are currently down, so chances are now is a good time for trading. get out of trading just because some mistakes will only make you lose and look weak. well, do not give up just because 1 error.
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October 16, 2017, 07:43:44 PM
 #1983

altcoin prices are currently down, so chances are now is a good time for trading. get out of trading just because some mistakes will only make you lose and look weak. well, do not give up just because 1 error.
There are some price of altcoins are down because now a days bitcoin is boosted while ETH is also boosted we should buy some cheap coins to trade because there price will also goes rise so it's better to hold bitcoin because we will have best opportunities in future. So we should need to search about altcoin market that which one coin is now a days cheaper.


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October 16, 2017, 08:51:03 PM
 #1984

altcoin prices are currently down, so chances are now is a good time for trading. get out of trading just because some mistakes will only make you lose and look weak. well, do not give up just because 1 error.
I never quit in trading even value of bitcoin and altcoins are slowly fall down, because trading is one of the most good source of income. Due to trading is easy to used and I learned a lot in bitcoin thru using this, I know how to handle coins and I learned how to read the fluctuation of coins and altcoins in the market.
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October 16, 2017, 11:34:34 PM
 #1985

altcoin prices are currently down, so chances are now is a good time for trading. get out of trading just because some mistakes will only make you lose and look weak. well, do not give up just because 1 error.
I never quit in trading even value of bitcoin and altcoins are slowly fall down, because trading is one of the most good source of income. Due to trading is easy to used and I learned a lot in bitcoin thru using this, I know how to handle coins and I learned how to read the fluctuation of coins and altcoins in the market.
Good for you, the value will pump and dump and that is a nature of crypto currencies especially the highly volatile ones.
When you are a real trader you will like the price movement because you can find great opportunity to buy low while selling high at a short period of time. In my case, I don't trade a lot but I have my holdings for long term, bitcoin is the biggest in my portfolio.

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October 17, 2017, 12:18:55 AM
 #1986

altcoin prices are currently down, so chances are now is a good time for trading. get out of trading just because some mistakes will only make you lose and look weak. well, do not give up just because 1 error.

Sometimes it is good to accept no right decisions that you are wrong in some positions.Accepting loss requires strong mentalityand emotion control.This things dont happen overnight and experience comes with mistakes.



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October 17, 2017, 01:54:22 AM
 #1987

put the remaining money to some ICO, or spread them on several. I think completely withdraw from the trade is not worth it.
Many ico nowadays are not profitable so i will not recommend to join but it's up to them investors but my experience im.waiting for couple months and the price keep decreasing. There are also scam ico be careful

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October 17, 2017, 02:48:26 AM
 #1988

I hope that you earner some extra money with that 7 Bitcoins and not only gained experience. But even if you didn't, it would still be ok. If you don't need that money now I would recommend to hold, hold and make even more by holding. That doesn't demand your full time. If you need money than withdarw some of it. Try to hold it as long as you can. That is what I would do. And as far as on what to spend it, that is only your choice.  Cheesy
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October 17, 2017, 02:56:46 AM
 #1989

put the remaining money to some ICO, or spread them on several. I think completely withdraw from the trade is not worth it.
Many ico nowadays are not profitable so i will not recommend to join but it's up to them investors but my experience im.waiting for couple months and the price keep decreasing. There are also scam ico be careful
Not every ICO's were scams. To be on the secure side its good to invest into some ICO after a long study about the project. Later needs to have patience till it gets listed to the exchanges. When it gets listed to exchanges can understand that it is partially legit and based on the long running can fix it to be trusted asset. Here too luck plays role in providing profits.

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October 17, 2017, 03:21:55 AM
 #1990

After 2 years of trading,  you lost 7 btc, Careful on scam ICO's, better you hold your btc, and wait for another opportunity to soar up, or learned from your mistake, moved on and start another chapter of your life.
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October 17, 2017, 04:46:25 AM
 #1991

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.


Hope you didn't really withdrew that funds. If you didn't the 7BTC that you lost was compensated by the increase on today's price.

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October 17, 2017, 06:20:46 AM
 #1992

To be a professional  trader not only need knowledge about technical and fundamental analysis but also more important think is psycological of trading like always patient, do not greedy , and always learn about the trading mistake before , when we know what mistake we have done then we will be more experienced and more expert.

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October 17, 2017, 06:26:32 AM
 #1993

By and by, I think it was a correct choice. On the off chance that you are simply losing cash with trading, there is no motivation to proceed with this.It's not all that simple the same number of individuals normally say, and there is no sheltered life on the off chance that you live just by trading. It's a similar when somebody supposes he can live just by trading money.In my own experience like betting, trading likewise will be pulling in traders to return once more. Along these lines, stopping won't be a perpetual end. Ideally traders will continue their trading after a few breaks.
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October 17, 2017, 06:49:42 AM
 #1994

If you dont have enough money to back up your invest
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October 17, 2017, 05:52:35 PM
 #1995

put the remaining money to some ICO, or spread them on several. I think completely withdraw from the trade is not worth it.
Be careful with ICO's there are plenty of scam out there make sure you made all the research before investing. I prefer investing in bitcoin alone and those existing altcoins that has been around and has a real use.
Truest me a lot of the scams are being just because of the utter and the dumb people who are suffering from the side loss, they want all the people to suffer and they will not be able to trust the bitcoin once again, so if the one site made you loss then you are not ready to trust the other so I respect your thinking and I want you to buy the bitcoin invest in the bitcoin instead of the trading and the ICO dumb thing.

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chip1994
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October 17, 2017, 09:02:16 PM
 #1996

After 2 years of trading,  you lost 7 btc, Careful on scam ICO's, better you hold your btc, and wait for another opportunity to soar up, or learned from your mistake, moved on and start another chapter of your life.
He used his money to trading, it does not mean he has joined in scam ICO's project. However, by some reason he has lossed a huge amount of Bitcoin, if calculate to current value of Bitcoin, 7 BTC = ~ $40,000 OMG Shocked


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Japinat
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October 17, 2017, 11:31:48 PM
 #1997

After 2 years of trading,  you lost 7 btc, Careful on scam ICO's, better you hold your btc, and wait for another opportunity to soar up, or learned from your mistake, moved on and start another chapter of your life.
He used his money to trading, it does not mean he has joined in scam ICO's project. However, by some reason he has lossed a huge amount of Bitcoin, if calculate to current value of Bitcoin, 7 BTC = ~ $40,000 OMG Shocked
That's huge with the current price but he already made his journey and he failed that why he quit. If we only know the outcome then we should only be holding it until the price will increase. With bitcoin you do not need to do trading actively as it will increase the value of your assets overtime even if you are just only holding it, also you do not have to worry because you are in the early phase and it's expected to go mainstream and we won't see the price today anymore.

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ubeng07
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October 18, 2017, 12:08:34 AM
 #1998

After 2 years of trading,  you lost 7 btc, Careful on scam ICO's, better you hold your btc, and wait for another opportunity to soar up, or learned from your mistake, moved on and start another chapter of your life.
He used his money to trading, it does not mean he has joined in scam ICO's project. However, by some reason he has lossed a huge amount of Bitcoin, if calculate to current value of Bitcoin, 7 BTC = ~ $40,000 OMG Shocked
That's huge with the current price but he already made his journey and he failed that why he quit. If we only know the outcome then we should only be holding it until the price will increase. With bitcoin you do not need to do trading actively as it will increase the value of your assets overtime even if you are just only holding it, also you do not have to worry because you are in the early phase and it's expected to go mainstream and we won't see the price today anymore.
Quitting you are telling that you are not able to get back what youve lost so for me quitting is not the answer of it you may continue but as what the scenario is you have lose your hope for me if you are trading bitcoin then the possibility of it that you can gain profit even you are holding it is positive.
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October 18, 2017, 05:59:53 AM
 #1999

HODL 75%, diversify and spend  Tongue
dvillier
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October 18, 2017, 11:28:51 AM
 #2000

It is not that easy. Even if you read the trend you might guess 5 movements and the 6th one will go bad and take 100+% of the previous 5 ones. It is just a matter of time. Perhaps it will happen now or in 5 years. So nothing is gained on the long term...
Even the pros will make you understand that it is not always a win win situation. Good knowledge can make you minimize loss, but ability to see the future will only make you to always win which we both know it is not possible to see the future. Like you said, if you have 6 trades, you might win in 5 but you do not have to lose the 6th one badly if you know when to stop and cancel the trade.

I agree on this matter,  pros sometime fail due to trading isn't good for the coins that's been holding for several months and it took up a year upon achieving good pumps. But other investors were courageous to face the very big challenge and won't ever quit and always controls their emotions.
If you have buy some bitcoins now and you can keep it for some time then it is the best decision according to me because the price of bitcoin is increasing very quickly it will give you more profit after sometime when you want to sale it.
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