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Author Topic: Loss almost 40%, should stop trading or not ?  (Read 32492 times)
Cryptoshaft
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July 18, 2017, 01:47:44 PM
 #301

patient, that's the key,
you said you buy at 0.082 BTC, look at it now,
it's hovering at 0.084 BTC
if you want to buy and sell fast, try to look at low price coins such as xvg
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HasHe
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July 19, 2017, 01:00:35 AM
 #302

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
You have just invested without any clear research.You must have made your own research to find the most under valued coin to get more benefits.You have sold your coins in panic.You should neither panic and sell nor you should buy due to FOMO.Better invest in older coins to minimize your risks.
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July 19, 2017, 01:43:05 AM
 #303

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
You have just invested without any clear research.You must have made your own research to find the most under valued coin to get more benefits.You have sold your coins in panic.You should neither panic and sell nor you should buy due to FOMO.Better invest in older coins to minimize your risks.

That's right its better to invest in those coins that are existing since long time and have good volume as this coins will surely give you good returns if you wait for a right time but if you invest in shit coins then you can never expect good returns from it and you will likely loose your money in it.
viralz
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July 19, 2017, 02:25:03 AM
 #304

NO.

Dont be a FUD guy, lets rum together!
Crypto will rule the world.

Lets spread it.
If price is falling, only one way: HODL
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July 19, 2017, 02:52:54 AM
 #305

Losses many or few make it as learning. Which is important no loss for the second time. Make a loss to gain multiple benefits. And more observant to see what a good coin.
rickadone
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July 19, 2017, 06:55:50 AM
 #306

Make a loss to gain multiple benefits. And more observant to see what a good coin.
But benefits from losses are becoming possible only we will be ready to spend some time to find out where is the actual problem and planning up how to avoid such problems in near future otherwise losses will create big financial crisis which may lead to frustrations.
n691309
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July 19, 2017, 04:19:11 PM
 #307

Never stop trading. Look for opportunities. Buy low sell high.

He shouldn´t stop.

We all need plebs buying the top  Cheesy
I won’t mind really agreeing with you. It’s a sincere advice indeed. Giving up on trading at this time is not a wise decision. He should continue with trading. All that he needs is to show some patience and do good analysis of coins before selling and buying them. Just be little aware of crypto market fluctuations and learn how to cope with them. Losses are signs showing that you are struggling to do well.
Mahanton
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July 19, 2017, 05:28:28 PM
 #308

Never stop trading. Look for opportunities. Buy low sell high.

He shouldn´t stop.

We all need plebs buying the top  Cheesy
I won’t mind really agreeing with you. It’s a sincere advice indeed. Giving up on trading at this time is not a wise decision. He should continue with trading. All that he needs is to show some patience and do good analysis of coins before selling and buying them. Just be little aware of crypto market fluctuations and learn how to cope with them. Losses are signs showing that you are struggling to do well.
Quitting on earliest time isnt really worth it and just like others said here that he shouldnt really stop since its been part of the learning process on doing trading and knowing that trading is really hard to do and cant be mastered on a short period of time. It would really takes time and patience for you to be profitable with it because if you do make serious on this mistakes then you would really not improved as a better trader later on.

R


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mrdunns
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July 19, 2017, 05:33:56 PM
 #309

Seems like you do not have the stomach for trading if you came us to ask if you should quit.
Netnox
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July 19, 2017, 06:02:53 PM
 #310

Seems like you do not have the stomach for trading if you came us to ask if you should quit.

Trading is no shortcut to becoming an instant billionaire. You need to remember that whenever someone is gaining from margin trading, someone else is losing as well. Everything depends on your luck.
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July 19, 2017, 06:44:23 PM
 #311

Seems like you do not have the stomach for trading if you came us to ask if you should quit.

Trading is no shortcut to becoming an instant billionaire. You need to remember that whenever someone is gaining from margin trading, someone else is losing as well. Everything depends on your luck.
The market is a tool to helps transfer money from trader impatient pockets to trader patience pockets. And when you give up, you will become to impatient people and helps some people still keep patience become to rich man

Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
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July 20, 2017, 11:09:58 AM
 #312

i think the problem is with your patience . its the time for buying alt coin and holding you ll get 50% profit for sure in any coin . so i ll suggest you not to stop here gain some knowledge about bitcoin and its market and continue
hutay5
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July 20, 2017, 11:12:25 AM
 #313

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

But this is not investing in something. This is just buying something & selling when the time is wrong. If you plan on investing for example in a house or a piece of land, first you decide how long time after you plan to get good returns to your investment. If you do not set a time frame to your investment, the rest words we all will be saying would be meaningless. you have already given away %40 of your investment who is patient enough to make money. Now how will we be able to teach you investing in coin trading?
viralz
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July 20, 2017, 12:16:04 PM
 #314

Dont leave us!

Keep trading, it is good to buy more, check the charg and do some analysis, predict next year.
At least HODL!
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July 20, 2017, 12:29:36 PM
 #315

You should stop trading,revise your strategy and learn from more experienced traders and do paper trading first or with very low amounts so you can test your skills. Also look to trade coins who have great technology and developers backing them so even if you buy too high it will eventually raise above that.
And don't forget to have patience!  Wink
Yutikas_11920
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July 20, 2017, 12:50:01 PM
 #316

Bro you must have more patience if I were you I will definitely hold the coins you had good that you sold already in loss. Trading is the game of patience always confident about your coins.

Hmm, indeed an advantage in trading comes from patience and if we don't have it already certainly will get plenty of big losses. Because trading is not just play the power of our thoughts, but also look at the available data. Because a trading has always been transported or renewal, if we can't follow it's definitely going to get the loss. So, be someone who is impatient, and always sharpen our analysis
 
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July 20, 2017, 01:18:56 PM
 #317

You should stop trading,revise your strategy and learn from more experienced traders and do paper trading first or with very low amounts so you can test your skills. Also look to trade coins who have great technology and developers backing them so even if you buy too high it will eventually raise above that.
And don't forget to have patience!  Wink
I definitely agree with you, if we quit we will not gonna have success financially, trading is the best way to earn and it's common to some people who lose at the beginning but if they keep learning from their mistakes and improve their method then I'm pretty sure somehow they will have an improvement.

The thing is, sometimes we do not have that patience which is necessary to be a trader but it can be learn if we will accept our mistakes and eventually we can find solutions that could make us consistent in trading. Once you get their, you will be thankful for not quitting because the money you can get has no limit and you are the only one who can limit yourself.

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July 20, 2017, 01:23:23 PM
 #318

Bro you must have more patience if I were you I will definitely hold the coins you had good that you sold already in loss. Trading is the game of patience always confident about your coins.

Hmm, indeed an advantage in trading comes from patience and if we don't have it already certainly will get plenty of big losses. Because trading is not just play the power of our thoughts, but also look at the available data. Because a trading has always been transported or renewal, if we can't follow it's definitely going to get the loss. So, be someone who is impatient, and always sharpen our analysis
 
knowledge is the advantage having that in particular will allow us to grow our investment, you really needed patience in terms of doing this type of activity
since in trading most of the time weak holders being fooled by those who have knowledge in terms of moving certain project so if you really wanted to
advance and earn you must do your homework.
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July 23, 2017, 01:23:57 PM
 #319

Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

if you dont have patience i suggest you stop trading
its the number 1 rule to follow when it comes to trading second is to be not greedy and third is to not trade with your emotions...
i have lost also in my trading but i have gains also and decided to invest it again on other altcoins
if you decide to trade again just dont put all your money in one currency, there are lots of good altcoins to consider all you have to do is to do some research first to lessen the risk
goodluck hope you can catch up with your loss
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July 23, 2017, 01:47:45 PM
 #320

Depends on the perspective for example now is a lost but if you are patient the market will fluctuate and you will have profits.
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