Loss almost 40%, should stop trading or not ?

[innocent93]

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 some serous losses, at this point yes, you should stop trading and start making some research regarding marketplace and trading techniques because this way you will lose all your capital.

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[cryptokitty]

You should take a break and start studying about trading, it's not that easy. Then you can continue, but with small amounts until you learn how to use the chart's indices and price movements.

That is the right decision, no need to quit,  for me, when you are already losing some money from trading, have a break, learn more, read more about techniques in trading after that when you can go with trading gain, just do it and learn from your everyday experiences.

[carlisle1]

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 cant control your emotion i think you should stop,because trading success relies on your patience you wont progress here if your a eager trader always looking for a single side in which "GROWING" remember market always dumps and bumps so you must be ready for that if you really want to continue career here in trading

[GreatArkansas]

It's up to you. Loss around 40% is just a trial, you just not disappointed, be brave. It's part of the trading, you can hold that even you are in loss. Because when you hold, you do not have loss until you sold it.

[bribed]

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?

At first I wanted to advise you too keep trading because you need to fail in every way you can before you master a thing, same goes for trading. But after reading the exact examples of your trades and why you did this, maybe you should stop trading and just try to put your coins in cold storage. Never buy high and sell low!

[Lhaine]

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?

Dude, you suck donkey balls at trading, Ethereum at 0.078 and 0.08 24H high.

You should play with a very small amount like $200 or so, and read a lot, learn a lot, you ain't gonna get rich over night, there's a lot to learn to succeed, you just learned an expensive lesson, don't forget it.

Agree ,You'll never be a rich in just one day,  you should wait because the price of bitcoin or ethereum is not always increase be patient to wait, i know bitcoin is still rising just wait. do not sell it in low price, but wait for the price to increase to make your money grow.

[mirakal]

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?

Dude, you suck donkey balls at trading, Ethereum at 0.078 and 0.08 24H high.

You should play with a very small amount like $200 or so, and read a lot, learn a lot, you ain't gonna get rich over night, there's a lot to learn to succeed, you just learned an expensive lesson, don't forget it.

Agree ,You'll never be a rich in just one day,  you should wait because the price of bitcoin or ethereum is not always increase be patient to wait, i know bitcoin is still rising just wait. do not sell it in low price, but wait for the price to increase to make your money grow.

The game here is we need to be more focus on the future, whatever you are holding just hold it longer because the entire cryptocurrency is growing.
I don't only invest with bitcoin because I realize that there are also altcoins where I can be an early investor which I believe the price will rise and might have the same success bitcoin is having right now, who knows, crypto is very unpredictable but the trend now says we should invest.

[DigitalLemming]

Buy and hold, stop trading. Pick a few trusted coins that you like, buy and forget about them. It's very difficult and stress inducing to try to time the market. Most every coin is up the last few months so holding is the way too go.

[Sum24]

What kind of an idiotic person sells his investment at a loss? Were you in such urgent need of money or is it that you got scared and you sold of getting more and more losses? One time you got a loss(because of your dumbness ,nothing else)  ,you got scared and you want to trading? Well go ahead then, no one is stopping you. Remember one thing though, Failure is a stepping stone to Success. If I were in your position, I definitely wouldn't be such a wuss and stop trading, I'd rather correct myself and move ahead.

I think it’s about lack of knowledge because me and some of my friends we are doing daily trade here I know some time you will face difficulties and but it doesn’t mean you will be disappoint because I know some people quit the trade which is not a good thing because I believe when you want play here so you need to be with positive mind and I’m sure bitcoin is such a currency which believe to make a life facilities of people so try to came back.

[nydiacaskey01]

What kind of an idiotic person sells his investment at a loss?

Its not an idiotic move selling at loss specially when there's an opportunity to earn more, I did it twice when NEO was bullish last August, I sold my LTCs for NEO and I gained profit, same with BCH, I sold some of my NEO when its not moving much for BCH and gained profits, in his case he just need proper guidance on what to Buy and when to Buy, same with what to Sell and when to Sell.

[crypto4lambo]

Don’t stop trading. You just need to have a good trading plan and execute it no matter what happens. As far as what you have said, I can see that you want to be a trader rather than being an investor. It that is the case then a stop loss is a must. It is like saving you if your trade doesn’t go as planned. If your purpose is for long term then that will not be a problem at all. You can at least add some holdings if it dips to lower your average. Don’t sell at a loss, it is like throwing your money. You need to control your emotions. Dont let it affect your trading plans. Always have a backup plan whenever you enter a trade. And don’t be greedy, always to have a realistic target profit. Don’t quit, let your failures be your stepping stone to be successful.

[khayecee13]

I think you should have stop for a moment and grow through reading and learning through books.

By the way, I'm sharing you these tips in buying and selling through trading.

First,
Before buying, look at the chart and find the support and resistance,

Second,
Try to buy on or near the support area.

Third,
Be alert at the world economy and be updated in all the rumors, news, etc. especially about bitcoin


Fourth,
Sell near the resistance. If resistance is broken, then hold or buy more in order to add volume

Lastly and the most important of all, increase your capital, not financial capital but capital through knowledge. Increase your growth by reading books, attending seminars etc. Also remember to learn through every mistake, experience is your best teacher.

[Rostchild]

Dont stop.

It is even the best time now.
Jump in and be aware even it is good time now

[Malamok101]

It's risky because bitcoin is so normal to beat trading, and it's normal to win you too, because it's like gambling where you carry it, you can win and you can beat but, it's not risky too tratrading, because the coin is right you and I should be where you invest in crypto coins should you buy them and you should experience tratrading not. That's just the value of buying new coins, and you buy all of your bitcoins.

[Darklinkz]

No, just go on. You are not the only one who lost that big in trading because all of us also experienced losing. When I lose 50% of my portfolios value, I made a promise that it will never happen so right now I am able to manage to make my losses between 10%-30% and then more winning trades.

[Hypnosis00]

You should continue trading. Trading is not always giving profits because there are times that you need to accept losses and make them as a life lessons so you can be better in making decision in the future. Losing 40% of your capital is small compare to other people who almost loss everything but still didn't give up in trading for trying to recover those losses.

[setupbounds]

If I had enough btc to purchase a house, I would not still do it. I possibly coulther place it into something which would safely generate me modest passive income. Then basically have bending that, that maybe the time I'll consider buying a house.ad r

Exactly, The thing which you need the most in the world of trading is none other than that of having patience in yourself. You cannot do anything good in your professional carrier if you are not having control over your nerves. Losing control over your nerves actually means that you are going to end up making some wrong decision which can even lead you to a huge amount of loss.

[SmokerFace]

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?

The reason why you always lose your money instead of profiting is the lack of patience in trading not just buy and sell you need to think what move you will make just like playing strategy games, Most of the beginners in trading are panic sellers because they afraid that the coin they'll choose are going to dump more that strategy will not help you to make profit, My tip for you try to learn more about trading don't give up not all day you will win there's a down and practice trading using small capital after that invest more if you're comfortable that you can do good trades.

[Questat]

You should continue trading. Trading is not always giving profits because there are times that you need to accept losses and make them as a life lessons so you can be better in making decision in the future. Losing 40% of your capital is small compare to other people who almost loss everything but still didn't give up in trading for trying to recover those losses.

In order for us to easily accept when we lose in trading, we need to start with a small amount of money.
Trading in crypto gives small traders a chance to play with this kind of game as it does not need a big amount to start, so why start with a big amount?

[A Fahriz Thiago]

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?

Better you continue, because in trading we could have got the loss and profit, maybe now you lose but who knows next you get a very high profit.