I quit trading

[stadus]

Before choosing this decision you should check all the possibility of your outcome from trading because if you are a good trader why you want to quit trading. And if you are not satisfied from trading then I think they should change the currency form one to another good currency they will not quit trading.

His reason why he quit in trading is simply because he is not good on it, he have spent a lot of time figuring how to be profitable but he did not achieve it.
There is a limit of everything and even if trading is profitable for some people we might not have the same destiny as they have.

[1713994478]

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[1713994478]

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[1713994478]

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[1713994478]

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[Hypnosis00]

Before choosing this decision you should check all the possibility of your outcome from trading because if you are a good trader why you want to quit trading. And if you are not satisfied from trading then I think they should change the currency form one to another good currency they will not quit trading.

His reason why he quit in trading is simply because he is not good on it, he have spent a lot of time figuring how to be profitable but he did not achieve it.
There is a limit of everything and even if trading is profitable for some people we might not have the same destiny as they have.

There are things that is not destined to you like trading where he find not profitable for him even he already did his best. Trading is not for everyone and quitting to the things that you are not good is a good decision for me because it will help you to find other things and open more opportunities that can be the answer for you to find a profitable way.

[robchch]

I wish I had 40 BTC! So you've discovered trading is not as easy as it sounds. The human element of emotion makes most people fail at trading. The natural emotional inclination is to buy when it's going up (fear of missing out), and sell when it's gone down a lot (fear of losing even more).  Unless you are a human robot you will always struggle with these emotions.

[Bitcotalk]

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.

There is a limit for everything, you don't allow yourself to keep losing in trading because if that will happen that means you are not learning and it's better to quit and minimize your loses then look for something else that would give you a real profit. Maybe, investing by holding your bitcoins is just a safer one and the most fit for you.

No matter how much you know about trading, we can do a lot of damage when manipulating. So just information is not enough.

This is somehow a misconception in the minds of a lot of people that if you want to get into trading you just read. And then start trading. No, practice is one of the vital, first step to be taken. Start with basic demo trading that is provide online, then make a very little investment, learn and win. If fail, learn more. So better is to implement that basic knowledge, don’t just read.

[Japinat]

I wish I had 40 BTC! So you've discovered trading is not as easy as it sounds. The human element of emotion makes most people fail at trading. The natural emotional inclination is to buy when it's going up (fear of missing out), and sell when it's gone down a lot (fear of losing even more).  Unless you are a human robot you will always struggle with these emotions.

We are just human therefore we have emotion but that emotion would not be a hindrance in we will learn how to manage it.
Trading requires your knowledge or your skills therefore being emotional that would lead to failure to execute your game plan is a big hindrance to your success, even how smart you are but you failed to  manage your emotion, there is no room for your in trading and it's better to quit early to minimize the damage.

[cluit]

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.

No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up.

[imstillthebest]

Now that trading is much more like a dice, this is the time the wise use to expand the scope and horizon of his knowledge as the green days draws near.

If trading is like a dice game to you you're doing it wrong and should probably stop and study first.

i think its normal for us too loose and do mistakes in trading because were only humans and were not  perfect ,  we must rather learn from our mistakes in order to get better at and you must never stop if you failed once because that failure will make you a better version of your self. yet we must still be knowledgable and also learn from other experts in order to apply it on our selves.

[BTCMILLIONAIRE]

Now that trading is much more like a dice, this is the time the wise use to expand the scope and horizon of his knowledge as the green days draws near.

If trading is like a dice game to you you're doing it wrong and should probably stop and study first.

i think its normal for us too loose and do mistakes in trading because were only humans and were not  perfect ,  we must rather learn from our mistakes in order to get better at and you must never stop if you failed once because that failure will make you a better version of your self. yet we must still be knowledgable and also learn from other experts in order to apply it on our selves.

All true, but studying should come before trying when there are serious consequences. You can't just send a spaceship out without knowing exactly what will happen... Just imagine if NASA "tried out" sending people to space.
Of course, if you don't care about losing money to learn, then that's perfectly fine. But it's a very inefficient way to go about it.

[Razick]

I wish I had 40 BTC! So you've discovered trading is not as easy as it sounds. The human element of emotion makes most people fail at trading. The natural emotional inclination is to buy when it's going up (fear of missing out), and sell when it's gone down a lot (fear of losing even more).  Unless you are a human robot you will always struggle with these emotions.

Isn't it amazing how 40 BTC is worth so much now? I mean compared to when you could mine that on a standard PC in a day, we have come a long way. I think there are big issues with the way that Bitcoin is headed though. At least as long as transaction fees stay this high and this slow, we cannot expect it to go mainstream anytime soon.

[jpoker272727]

I wish I had 40 BTC! So you've discovered trading is not as easy as it sounds. The human element of emotion makes most people fail at trading. The natural emotional inclination is to buy when it's going up (fear of missing out), and sell when it's gone down a lot (fear of losing even more).  Unless you are a human robot you will always struggle with these emotions.

Isn't it amazing how 40 BTC is worth so much now? I mean compared to when you could mine that on a standard PC in a day, we have come a long way. I think there are big issues with the way that Bitcoin is headed though. At least as long as transaction fees stay this high and this slow, we cannot expect it to go mainstream anytime soon.

[8Habits]

I wish I had 40 BTC! So you've discovered trading is not as easy as it sounds. The human element of emotion makes most people fail at trading. The natural emotional inclination is to buy when it's going up (fear of missing out), and sell when it's gone down a lot (fear of losing even more).  Unless you are a human robot you will always struggle with these emotions.

Isn't it amazing how 40 BTC is worth so much now? I mean compared to when you could mine that on a standard PC in a day, we have come a long way. I think there are big issues with the way that Bitcoin is headed though. At least as long as transaction fees stay this high and this slow, we cannot expect it to go mainstream anytime soon.

Those early adopters of bitcoin that were able to manage their emotions and stayed more patient and continue accumulating bitcoins are really now very wealthy and living the dreams

[diskodasa]

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.

No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up.

Yes, I think he should give up now. 40 BTC = $244,000.00. Wowww! That's a big amount of money. Let do anything he wants, traveling around the world, betting on football or horse racing,...

[fullhdpixel]

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.

I think you should invest all your money now in bitcoin mining. I think you can build a mining farm in this amount of money. try to calculate all the things like the price of electricity in your area and try to buy a good miner which will give you good per day profit and this will give you time to manage income and this will also give you time to spend in life for your loved once. Mining has a large amount of profit that trading. Mining is the best option for you i think to invest in.

[karungbitcoin]

I think you got loss in amount of BTC because you can not control emotion yet in trading. And if not able to control emotion, quit from trading is good decision so that not get loss bigger amount. And by  hold BTC and ETH is good choise to make profit in crypto market.

[Manyara]

Let me just think what I could do with 47BTC at their current value.

[krisnt80]

This isnt an easy solution for the problem, because at trading is where anybody can make easy money with some risk, sure a lot people had lost more then won, sound like gamble, trading is plenty of opportunities as well risks, there is no way to predict and with bitcoin ride a lot people are burning money at the moment, expecting a possible reajust and recover from altcoins once the forks ends.

[Capradina]

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.

That would be right in most cases, but some time we must stop for a second and think if we are good in it and is that job for us. Not everyone is born to be a trader. There are a lot that person needs to know before entering  Bitcoin trading world. Some time its oke to step away, we are not made for everything.

Actually the trader is not a talent of a born trader, because it is a technique where if we have a desire for more advanced or have the desire to get bigger in order to become a trader then it will definitely case. Traders need good analytical techniques as well as thought-provoking, if not then it'll be experiencing a very bad thing and surely only losses that we get.profit will always be obtained if you want to learn about trading with either.
 

[terrenceschroeder]

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.

Don't quit man, every people has their own loss. But after that fail you will have more experience to face with it. Then improve yourself to make it success in the next time.

[tmaleha]

It is true no loss no gain. Its happen with you if you have bitcoin with you at present you can give some time to bitcoin the value / rate will increase and you will get the opportunity to compensate your losses.

And also you have the experience of trading no what to do and what not to do so recover the losses and wait for the perfect timing to enter and make the fruitful returns.

[StarofBTC]

I certainly will not do any more trading. Because I am very difficult economically right now, I am not psychologically good, it will take some time to recover the money I lost.

Do not give up just because you lost some of your coins. When you did something wrong it means you learn something, so never give up and learn from your experience that is how every traders are dealing everyday.

No, he should probably be giving up on that by now. Did you even read that before commenting or you just read the headline? He has been trading for 2 years and now, invested 47 BTC and lost about 7 BTC, bro if it’s me, no way, I’m finding something else that is much better than trading and not waste my time on it. So I say give up.

Yes, I think he should give up now. 40 BTC = $244,000.00. Wowww! That's a big amount of money. Let do anything he wants, traveling around the world, betting on football or horse racing,...

I must say that this is not a good thing to quit. There is famous quotation “Never give up”. You actually keep on working and trying hard. Only then you’ll be able to achieve what all you actually want to achieve. If you will lose hope, then this will only add more troubles for you and it will do nothing in your favor. So you actually need to be well prepared for all the things so that you can avoid failure.