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Author Topic: I quit trading  (Read 242485 times)
kynaz
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December 18, 2017, 11:55:32 PM
Last edit: December 19, 2017, 12:09:41 AM by kynaz
 #2281

Do not give up when you fail in trading because each failure is a lesson for your success. If you quit now, do you think you will face the challenges and risks you have when trading. Think before you give up.






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8Habits
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December 18, 2017, 11:59:52 PM
 #2282

If I had 50 BTC  I would start investing projects, you can try to invest in ICO, part of the bitcoin of the hold.

it would be very profitable you just need a really good roadmap so investors will likely to invest.
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December 19, 2017, 12:06:02 AM
 #2283

If I had 50 BTC  I would start investing projects, you can try to invest in ICO, part of the bitcoin of the hold.
wow you have more $1 million dollars, if you are chose good ICOs i think it will soon help you have 100 BTC. Good luck
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December 19, 2017, 12:17:18 AM
 #2284

If I had 50 BTC  I would start investing projects, you can try to invest in ICO, part of the bitcoin of the hold.
wow you have more $1 million dollars, if you are chose good ICOs i think it will soon help you have 100 BTC. Good luck
It could also turn to 0 though. It's not that easy to choose good ICOs.
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December 21, 2017, 11:19:41 AM
 #2285

To quite trading is not a good decision because now a days the rate of coins are going increasing with  a bullet rate and if you can trade now with coins more and more then you can earn enough profit in future by selling your coins in future. So you need to be patience and hold your coins for some time.
MattF24
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December 21, 2017, 11:21:03 AM
 #2286

Quitting being a trader is alright as long as you're invested in some coins long term. You don't necessarily need to be active in order to earn for the future.
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December 21, 2017, 05:30:52 PM
 #2287

Quitting being a trader is alright as long as you're invested in some coins long term. You don't necessarily need to be active in order to earn for the future.
You still need to be active when investing. But your activity will be focused on research instead of trading.
ongels
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December 21, 2017, 07:23:19 PM
 #2288

I quit trading because i am a victim of scam, Its my hard earning money for 3 moths and ends up to ZERO. My account in bitcoin broker was hacked and from that time. I am totally disgusted which my money are supposedly allocated for my debts:( 
judgememes
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December 21, 2017, 10:47:38 PM
 #2289

Good, under no way you should keep trading if you don't generate profit, I consider losing on tradings worst than gambling.
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December 21, 2017, 10:49:40 PM
 #2290

Continue to learn trading. Find yourself a good mentor who will help you avoid the mistakes that you make and lose money when trading. He will help you increase your capital, and not lose it again.
Definitely you don’t need to worry, no need to quit. What if you didn’t get any good from trading till now? There is a long list of chances and opportunities you need to open your eyes. Don’t lose hope in something you find important in your life.

Profits and losses are the part of game, this doesn’t mean you just get aside and leave something. No, fight back with much energy and make everything fine.
Even huge loss, I still see it is the challenge for my trading journey. In any field, not only trading, everything is challenging. Important, after those challenges, can you come back and go ahead or quit as a loser?
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December 21, 2017, 11:19:51 PM
 #2291

I quit trading because i am a victim of scam, Its my hard earning money for 3 moths and ends up to ZERO. My account in bitcoin broker was hacked and from that time. I am totally disgusted which my money are supposedly allocated for my debts:( 
Never keep all your money on an exchange. Sorry for your loss.
Crislyn4116
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December 22, 2017, 12:07:44 AM
 #2292

I never quit trading i am studying candlesticks and it only the begining

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December 22, 2017, 01:23:43 AM
 #2293

I never quit trading i am studying candlesticks and it only the begining
Make sure to study fundamentals as well. If you understand fundamentals you can be more or less certain that you won't lose money even if you flunk a technical trade.
John_Slater
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December 22, 2017, 01:25:37 AM
 #2294

Trading seems too risky to me. I prefer hodl
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December 22, 2017, 01:27:49 AM
 #2295

Trading seems too risky to me. I prefer hodl
This is the best move if you don't know what you're doing. It pays off to study fundamental and technical analysis though. If you understand fundamentals you can pick a coin for technical trades without the risk of losing money through trading (if you flunk a trade you can just stay in until you reach the higher price that you've found through fundamental analysis).
KnightElite
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December 22, 2017, 05:39:43 AM
 #2296

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.
That is part of being a trader. You need to overcome your fear for you to earn money in trading. If you are afraid to lose your money, I am sure that you can't become a successful trader.
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December 22, 2017, 01:31:00 PM
 #2297

Quitting being a trader is alright as long as you're invested in some coins long term. You don't necessarily need to be active in order to earn for the future.
Yes that’s true, but as for this guy, he’s probably going to end trading without profit. Imagine Investing 47 BTC and ending up with only 40 BTC, real bad! Really bad. I have been into trading for a long time now, and I have made good amounts of profits. I will never quit with loss, no way, and I plan to quit any time soon, and with enough profit.
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December 22, 2017, 02:12:50 PM
 #2298

Quitting being a trader is alright as long as you're invested in some coins long term. You don't necessarily need to be active in order to earn for the future.
Yes that’s true, but as for this guy, he’s probably going to end trading without profit. Imagine Investing 47 BTC and ending up with only 40 BTC, real bad! Really bad. I have been into trading for a long time now, and I have made good amounts of profits. I will never quit with loss, no way, and I plan to quit any time soon, and with enough profit.
Well, it depends mate but as for his trading explanation he have no time to make daily trades so it was good for him to trade with good long term alts in the future maybe he stops and he loss because of investing in a wrong altcoins or selling at loss.


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Xising
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December 22, 2017, 02:21:02 PM
 #2299

It must have been an awesome experience for you to end up with a good amount of bitcoin. However, if you are making good profit, then why are you quitting? Well, that’s really up to you. If I were you, I would enjoy part of it travelling around the world. Life is too short, and if you have the money, you should always give yourself time to enjoy. I would put up my own business as well, so I don’t have to work for anyone ever!
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December 22, 2017, 05:25:16 PM
 #2300

I never quit trading i am studying candlesticks and it only the begining
Make sure to study fundamentals as well. If you understand fundamentals you can be more or less certain that you won't lose money even if you flunk a technical trade.
You are right fundamental is a very big help when trading because sometimes no matter how good the chart is looking if bad news is going to come out everything will crash so Technical Analysis and Fundamental Analysis should come together to become a good and successful trader.
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