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Author Topic: I quit trading  (Read 242485 times)
hxk451
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January 20, 2018, 04:52:31 PM
 #2421

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.
Trading results won't so good every time since trading master likewise have involvement to losing their cash and I think this is regular however that is was great choice in light of the fact that in the event that regardless you proceed with it you will losing your cash once more.
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kriptotr
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January 20, 2018, 04:52:56 PM
 #2422

You need volatility for trading and there isn't much volatility at the moment - Bitcoin seems to move up and down by only about 2-3%. This is good for Bitcoin as a currency - it's stable. It's not so good for traders.

There is nothing to worry about because bitcoin is for sure going through dumping phase at the moment and soon by the start of February, it will take a huge leap in prices. Indeed, trading rather successful trading is based on buying low and selling high and that is possible only when the prices of the commodity keeps fluctuating. I am pretty sure that bitcoin will recover coming month, we just need to stay patient.

Never quit trading folks, try to hold on and try to learn more about exchange platforms. This way you will bet your unlucky position on global crypto markets and at the end you will earn great money from the exchanges.
johanesrobin
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January 20, 2018, 05:00:00 PM
 #2423

You need volatility for trading and there isn't much volatility at the moment - Bitcoin seems to move up and down by only about 2-3%. This is good for Bitcoin as a currency - it's stable. It's not so good for traders.

There is nothing to worry about because bitcoin is for sure going through dumping phase at the moment and soon by the start of February, it will take a huge leap in prices. Indeed, trading rather successful trading is based on buying low and selling high and that is possible only when the prices of the commodity keeps fluctuating. I am pretty sure that bitcoin will recover coming month, we just need to stay patient.

Never quit trading folks, try to hold on and try to learn more about exchange platforms. This way you will bet your unlucky position on global crypto markets and at the end you will earn great money from the exchanges.
I do not find a safe place to trade, some markets are always filled with negative issues.
how I feel safe to be there, I keep hearing some complaints. HitBTC, Binance Bittrex and Poloniex I've tried it with great fear.
I choose to trade at the local Exchange. this makes me calm
Scallywag
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January 20, 2018, 05:10:35 PM
 #2424

Well if it was worth it to lose that btc then good for you. I think most people see the swings and think they can make an easy profit . But i proves to be much harder then it looks and a lot of people get burned by it.
Tungsten-1
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January 20, 2018, 07:21:34 PM
 #2425

Trade as a gamble, winners and losers is a normal thing. Keep the rest of your Bitcoin somewhere or you can convert Bitcoins to dollars to continue trading on other issues. Life is inherently difficult when we come to a standstill. when we lose money we will buy valuable lessons
Business is a must-have experience and luck, maybe I think you have not been lucky this time. The good business will help you get a huge income but it also causes you to lose a lot of assets and become extremely disappointed with the market. I think you should calm down and watch for good signals from the market so that you can invest again.

That is for business but when we talk about trading, you don't really need to do some complicated trading plans and executions - you can just do some quick trades like aiming for 1% plus the transaction fee and you are good and happy versus aiming at 10% or higher gains.
You are right that 10% of trading profit is very good and it is big earning indeed. Bitcoin is only source for all this way you will be able to get higher than your investment. Trading is good for all but mate you will have to arrange proper planning. Bitcoin is good because in trading you will trade and earn and investing is good as well and gambling is part of bitcoin business but it is quite risky.
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January 21, 2018, 07:57:52 AM
 #2426

Trade as a gamble, winners and losers is a normal thing. Keep the rest of your Bitcoin somewhere or you can convert Bitcoins to dollars to continue trading on other issues. Life is inherently difficult when we come to a standstill. when we lose money we will buy valuable lessons
Business is a must-have experience and luck, maybe I think you have not been lucky this time. The good business will help you get a huge income but it also causes you to lose a lot of assets and become extremely disappointed with the market. I think you should calm down and watch for good signals from the market so that you can invest again.

That is for business but when we talk about trading, you don't really need to do some complicated trading plans and executions - you can just do some quick trades like aiming for 1% plus the transaction fee and you are good and happy versus aiming at 10% or higher gains.
You are right that 10% of trading profit is very good and it is big earning indeed. Bitcoin is only source for all this way you will be able to get higher than your investment. Trading is good for all but mate you will have to arrange proper planning. Bitcoin is good because in trading you will trade and earn and investing is good as well and gambling is part of bitcoin business but it is quite risky.

With holding bitcoins, you have chances really of earning to more than 10% and the same thing with trading. However, you can have more profit in a short time with trading if you just aim at 1-2% and rinse and repeat several times a day or a week.
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January 22, 2018, 04:58:31 AM
 #2427

Well if it was worth it to lose that btc then good for you. I think most people see the swings and think they can make an easy profit . But i proves to be much harder then it looks and a lot of people get burned by it.
Sideback usually happens in crypto market but it doesn't mean it gonna happen at the moment after you bought coins. Be patience till the sideback shows up is the key when you're losing.

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January 22, 2018, 07:00:14 AM
 #2428

Well if it was worth it to lose that btc then good for you. I think most people see the swings and think they can make an easy profit . But i proves to be much harder then it looks and a lot of people get burned by it.
Sideback usually happens in crypto market but it doesn't mean it gonna happen at the moment after you bought coins. Be patience till the sideback shows up is the key when you're losing.
The market are not progressive all the time, there are times that the price will dump so we have to make sure we will no easily get panic.
If we buy and we like to trade and the price is low, we will never lose if we will not sell, think that there are times that the price will go up so that is the only time to sell

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ankurguta87
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January 22, 2018, 07:09:16 AM
 #2429

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 can understand and the same happened to me. I started with 4.6 BTC. and currently having on 2.9. All these signal groups are fake and full of spams. I should have sat with BTC only.
justspare
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January 22, 2018, 07:38:15 AM
 #2430

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 your decision so i am respecting it dude. You can always come bacl to trading whenever you wanted to because that is a job that you controls. So if you are contented to those money that you have now and you feel that trading is not your thing anymore then stop it. It is hard to do some things that you do not want to do because job is not meant to be forced it is about your passion. If trading is not your passion anymore then atoo but whenever you needed money again then go trading again.
Trading I believe is not for everyone. Thought people try their luck in this area of making money with crypto currencies but only those succeed who have good knowledge or have great skills.

Trading in my opinion is a proper profession and without proper practice and training, you cannot make good amount here. On the other hand, long term investment especially with bitcoin is the best possible way of becoming rich.
Sparkl
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January 26, 2018, 05:04:54 PM
 #2431

Who came to the crypto exchange and for some time actively traded and at the same time a plus, then he will never stop trading. Yes, take a short break to rest - maybe. But to give it up is already vryatli.
There are a lot of people they are going to quit from trade because bitcoin is not so easy to earn there are a lot of things which are very important to understand first and I know there are a lot of people when they join bitcoin so they are going to take a start from gambling they think it’s a fast way to earn from bitcoin but I think it’s not a good idea so same without any study the start trading and as a result they lose there I’m also doing inline trade but I never lose here it always give me a profit .
aervin11
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January 26, 2018, 05:13:38 PM
 #2432

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.

This dude already quit. He is still a full member while this post was from 2015. He's colleagues that are first on the thread to comments are now Hero Members. Maybe close this thread?
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January 26, 2018, 05:28:10 PM
 #2433

I think that you should come back. Do not give up. there are many new good altcoin in the market now and their prices are so cheap such as TIO, Stellar, Bitclave,... Let's choose some coins and start again

whyrqa
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January 26, 2018, 07:26:29 PM
 #2434

I think that you should come back. Do not give up. there are many new good altcoin in the market now and their prices are so cheap such as TIO, Stellar, Bitclave,... Let's choose some coins and start again
In the near future such projects as ALMT, Pundi and Providence should appear on the market. I think that with these coins you can very well trade.

#business #forextrader #bitcoinnews #invest
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January 26, 2018, 10:29:39 PM
 #2435

I think that you should come back. Do not give up. there are many new good altcoin in the market now and their prices are so cheap such as TIO, Stellar, Bitclave,... Let's choose some coins and start again
In the near future such projects as ALMT, Pundi and Providence should appear on the market. I think that with these coins you can very well trade.
They will appear for sure, in fact PundiX is already out in decentralized exchanges https://coinmarketcap.com/currencies/pundi-x/#markets.
Nothing really serious if you just want to buy and hold because you have a bigger chance then if you choose the coin that has a great potential, the big risk is only on those people who like to trade regularly or what we called day trading as they really have to monitor the market closely.

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January 26, 2018, 11:11:01 PM
 #2436

I think that you should come back. Do not give up. there are many new good altcoin in the market now and their prices are so cheap such as TIO, Stellar, Bitclave,... Let's choose some coins and start again
For me quitting in trading is not good things to do, because trading is one of the best source of money and i have a simple for you, even you are facing a huge loss dont stop trading because trading can really help us to achieve our goals here in bitcoin, and for me you should always practice trading so you can be really expert.

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January 31, 2018, 09:45:21 AM
 #2437

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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January 31, 2018, 04:57:24 PM
 #2438

I think that you should come back. Do not give up. there are many new good altcoin in the market now and their prices are so cheap such as TIO, Stellar, Bitclave,... Let's choose some coins and start again
For me quitting in trading is not good things to do, because trading is one of the best source of money and i have a simple for you, even you are facing a huge loss dont stop trading because trading can really help us to achieve our goals here in bitcoin, and for me you should always practice trading so you can be really expert.
I do not think so. I like to have a stable income and a job is the best for me.
I want to fixed my income every month and help me do not worry much about my money everyday.
For me, trading is just simple a second job and spend small money to earn profits.

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January 31, 2018, 05:03:19 PM
 #2439

For me, trade was the only way to survive. I was a beginner and got into a difficult life situation. I did not have a job and I decided to do Cryptocurency trading. Despite the fact that I did not have the experience, I managed to make a profit. I will never leave Crypto while I'm alive
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January 31, 2018, 05:03:39 PM
 #2440

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.

Well I think the next step is to build a business. Something that can be established as a more steady on with a more reliable and constant in flow of money, not only to see it prosper but to also gain profit from. I think that would be the truest meaning of making your money work for you. And, a little bit of cryptomarket ventures here and there. Do not waste your knowledge.

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