GaxviiBuss
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Activity: 155
Merit: 10
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November 12, 2017, 03:58:20 AM |
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Day trading have many risks. If you lose 7 btc in 2015, i guess that is a good price for lesson. If you still hold that 40btc, you might be rich today.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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jankekek
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November 12, 2017, 05:38:02 AM |
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You shouldn't quit right now after trading for so long it means you've been doing something very wrong if you made that big of a loss.Try to find a more experienced tutor instead and then trade with small amounts trying to practice and get better.
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prashanta
Copper Member
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Activity: 728
Merit: 250
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November 12, 2017, 05:46:54 AM |
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You shouldn't quit right now after trading for so long it means you've been doing something very wrong if you made that big of a loss.Try to find a more experienced tutor instead and then trade with small amounts trying to practice and get better.
Sad to see another one go. For me, I've given up on trading. Mainly because I'm on Xbox, so the trading system is so screwed up so you it's kinda difficult to get new items unless you open crates. I had just resumed trading and to be honest, it's stressful. I think I'm gonna focus more on comp rocket league for now. |
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prashanta
Copper Member
Sr. Member
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Activity: 728
Merit: 250
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November 12, 2017, 05:51:50 AM |
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How to start you, but here's a question for you. Perform you profit investors benefit or hurt the RL trade community, and what impact do you think they have on item value. Me and an associate were discussing this just lately. Would love your perception.
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mirakal
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Leading Crypto Sports Betting & Casino Platform
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November 12, 2017, 05:55:16 AM |
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Day trading have many risks. If you lose 7 btc in 2015, i guess that is a good price for lesson. If you still hold that 40btc, you might be rich today.
Definitely, I think that is what he is doing because it's easy to hold than to make yourself busy monitoring the price movement. This year is the best year for bitcoin as it has increase substantially and it's just right to reward ourselves by selling some to enjoy the profit, I do trade actually but not as big as my exposure with my method on holding for long term. |
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Aleator
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November 12, 2017, 06:08:43 AM |
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Day trading have many risks. If you lose 7 btc in 2015, i guess that is a good price for lesson. If you still hold that 40btc, you might be rich today.
Definitely, I think that is what he is doing because it's easy to hold than to make yourself busy monitoring the price movement. This year is the best year for bitcoin as it has increase substantially and it's just right to reward ourselves by selling some to enjoy the profit, I do trade actually but not as big as my exposure with my method on holding for long term. Wow, i missed that thanks, beside trading he also can earn with hold which is 40 BTC on his wallet after got loss, nothing to do with it but it makes you rich already. |
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atronax
Member
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Activity: 125
Merit: 10
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November 12, 2017, 09:36:10 AM |
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Is it a fail? You had a great experience of trading with cost of 7 btc (what was the price when you bought it?), but also held (if that is so) these 40 btc for two years right now. Its price increased in enormous way, and getting it at low price lead to really high profits.
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bubble pop
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November 12, 2017, 09:58:30 AM |
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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.
Tou wanted to quit trading because you fail? That would be an invalid reason my friend because how would you win back your loss if you will quit trading. That is just a normal thing if you are in this business because I experienced that too when I was just starting in this industry. So I can say that it is okay for you to lose money because you can always win that back if you continue trading. You need to take a risk because if you find the right strategies for you, you will get much profit than you ever thought. |
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Japinat
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November 12, 2017, 09:59:48 AM |
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Is it a fail? You had a great experience of trading with cost of 7 btc (what was the price when you bought it?), but also held (if that is so) these 40 btc for two years right now. Its price increased in enormous way, and getting it at low price lead to really high profits.
With this year alone you can already make a lot of money if you are still holding it until now, bitcoin has significantly increase in the pas years and that is after it broke it's old time high during the MtGox time and the fear of the people are now replace with the eagerness to buy and be part of the most profitable investment today. |
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emanbea1234
Newbie
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Activity: 56
Merit: 0
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November 12, 2017, 11:45:34 AM |
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In trading lot of attention is required towards the price movement but this also result to be a good amount of profit.
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btcone111
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November 12, 2017, 12:06:47 PM |
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Trading requires a lot of work - it's definitely not easy money.
However, once you get the hang of it, you choose the right platform and set up a good channel for information, then trading will become easier.
Don't get me wrong, it will still take years to actually STOP losing money and slowly, occasionally, make some money.
Good luck!
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w5pn73
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November 12, 2017, 01:24:42 PM |
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I agree, trading is just not for everyone. And with the right kind of luck on your side you could make as much holding as you could with trading.
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mast3rm1nd
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November 12, 2017, 01:35:44 PM |
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cudos to you mate. considering the rice change in 2 years I would say it's not looking too bad al all mate. good for you
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8Habits
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November 13, 2017, 11:58:03 PM |
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Trading requires a lot of work - it's definitely not easy money.
However, once you get the hang of it, you choose the right platform and set up a good channel for information, then trading will become easier.
Don't get me wrong, it will still take years to actually STOP losing money and slowly, occasionally, make some money.
Good luck!
That is right mate. Trading is a skill and needs to have time and dedication to make winning trades. You need to do your share of research before even executing your first trade otherwise, you are just gambling and not really trading. |
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watchurstep45
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November 14, 2017, 12:42:18 AM |
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why you should quit ? Without strategy you wont earn some good money. And that is very important, otherwise you will lose it and that will be not good.
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carlisle1
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November 14, 2017, 01:19:56 AM |
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Who cares about your story?what to do with your money?send it to me lol..anyway quitters dont win thats for sure .but i do believe you will be back here in crypto because theres no easy way to become a trader but here..and being a trader wasnt easy coz u need lot of resources to be called as trader while here you just need a small amount to be one
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nodelover
Member
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Activity: 140
Merit: 30
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November 14, 2017, 05:00:27 AM |
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I suggest that you invest it in other currencies. At the end of the day, you are the one who will decide on how you will spend your savings.
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Botnake
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November 14, 2017, 06:02:00 AM |
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I suggest that you invest it in other currencies. At the end of the day, you are the one who will decide on how you will spend your savings.
That is not necessary because he has a great amount of bitcoin and by holding it he can already get a bigger return. This year is a success, the price has increase significantly and this will continue in the future, at least by holding it's less hassle as you do not need to study the market actively just like traders are doing. |
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stadus
Legendary
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Activity: 3080
Merit: 1292
Hhampuz for Campaign management
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November 14, 2017, 07:21:02 AM |
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why you should quit ? Without strategy you wont earn some good money. And that is very important, otherwise you will lose it and that will be not good.
He has a strategy but unfortunately it does not work well so he decided to quit to cut his loses rather than continuing that might lose all his money. Everyone has different ways and strategies, in my case I would only quit trading if I lose all my money intended for trading, it's like setting up a bankroll in gambling, you only stop when your bankroll will be wipe out, beside you spend what you can afford to lose only. |
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zmkriel
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November 14, 2017, 07:54:37 AM |
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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.
why would you stop trading when you are still losing, 7btc is a big deal because if you are going to convert it into money it is a big amount already? why not try to wait for a few months and chill for awhile before you do trading again? anyway, trading is so much better than gambling. |
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