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Author Topic: Trading sucks, I'll just hold my coins  (Read 25907 times)
CryptoWorld87
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March 04, 2018, 06:12:27 AM
 #801

I start trading as a noob  Tongue. I was able to make a profit but had I holded I would of made significantly more money . oh well I like to learn the hard way  Roll Eyes.


I started trading when i was noob too and i lost my coins because i panic and sell it to a low price until i dont have money then buy again with new coin. Because of that i started to study on how to trade like a pro so now even im not a pro i still can trade and earn even just small money.

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March 04, 2018, 06:54:49 AM
 #802

I start trading as a noob  Tongue. I was able to make a profit but had I holded I would of made significantly more money . oh well I like to learn the hard way  Roll Eyes.


I started trading when i was noob too and i lost my coins because i panic and sell it to a low price until i dont have money then buy again with new coin. Because of that i started to study on how to trade like a pro so now even im not a pro i still can trade and earn even just small money.
We all started as noob, we made mistakes but what is important is that we learn from our mistakes to improve our skills.
It's necessary to understand that trading is not easy, we have to work hard to get consistent and that is the time where we can make a good profit.


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March 04, 2018, 10:10:48 AM
 #803

People says that experience is the best teacher, perhaps most of the traders experienced the bad thing in trading and they are learning. That's why I share to principally understand the market for trading, do analysis for basis. There are 2 analysis, fundamental and technical. I suggest to use both of them to optimize trading, more detail explanation can be found at this thread : https://bitcointalk.org/index.php?topic=2960563.0

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March 04, 2018, 10:25:05 AM
 #804

i wish you good luck and maybe bitcoin will rise to 300,000$ or some and youll be rich and quit the 300$ job.

Bitcoin is definitely hitting that 6-figure in dollars. You just have to wait for a few years and it will come. I hope you bro will earn what you deserve. Cryptocurrencies trading is not for everyone I guess.

In cryptocurrency there is nobody deserve only profit without lose because all of us have ever  done bad experiency here.
Bad of our experience give us more power to get up and start again to continue our goal.

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dark08
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March 04, 2018, 10:28:21 AM
 #805

I start trading as a noob  Tongue. I was able to make a profit but had I holded I would of made significantly more money . oh well I like to learn the hard way  Roll Eyes.


I started trading when i was noob too and i lost my coins because i panic and sell it to a low price until i dont have money then buy again with new coin. Because of that i started to study on how to trade like a pro so now even im not a pro i still can trade and earn even just small money.

Most traders in cryptocurrency world experience what you did dude since market are full of big whales and we cannot predict what altcoin will pump up in the next minutes or hours and many traders are greedy to earn a good profit thats a one reason they stuck on a coin or sale their altcoin even it result a loses before entering in this industry its better to learn first the basic of trading.

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March 04, 2018, 10:34:34 AM
 #806

Trading for experienced practitioners and technical analysis experts. If you base trading on the opinions of other people or signals from questionable sites, you will get losses.
If you are not strong in technical analysis, emotional, impulsive, can not cope with greed, impatient, then trading is not suitable for you
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March 04, 2018, 11:43:38 AM
 #807

What about arbitrage?
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March 04, 2018, 12:56:26 PM
 #808

Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!
Trading is really not easy job! I know that you are also experienced struggled in the trading. You must improve your strategy and your tactics for you to earn big amount of profits.

I think the good idea is to wait until you find the right moment to beat your coin. Trading is sometimes annoying when you want to exchange your investment but suddenly the price is not as much as you expect. This is because the world of commerce is unpredictable when going into good times or when experiencing the worst. And sometimes you come to think of just holding your coins better than trading them
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March 04, 2018, 01:12:49 PM
 #809

So trading is not yours. So you have a direct path to investors. Though on trade it is possible to earn much more, than investing. But only in the event that it is stable to trade with profit.
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March 04, 2018, 01:33:59 PM
 #810

What about arbitrage?

Today main strategy is "Buy and Hold"
In my humble opinion
Birin016
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March 04, 2018, 02:38:53 PM
 #811

Both holding and trading are risky, what you need to do is it to study more, gain a lot of experiences and not to get easily frustrated when you see the price of the investments going down, you need to become a mature investor or trader, in that way, you will lessen the risk of having negative returns, and you might be always have a winning hand once you learn how to trade with patience and becoming more educated in you investments.
RebeccaCole
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March 04, 2018, 03:15:33 PM
 #812

Oh well. Sometimes we have to learn it the hard way. When i started trading i enjoyed it to the point where i lost half of what i invested because i base my judgment on what people tell me. From then on i didn't want to do it again. Trading is only for those who are patient and daring. Guess i'm not both.
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March 04, 2018, 03:23:23 PM
 #813

Trading is really not for everyone, not everyone has patience and not everyone takes risks on spending a huge amount of money for trading; and of course the more you invest most of them say the more you also get profits. But sad to say it is really not for everyone, including me and that's why I opted out to holding my coins instead of doing trading. It's easier and less to understand (just being honest).

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March 04, 2018, 03:27:15 PM
 #814

Sometimes we will learn it the hard way. When I started the business, I used to enjoy it where I invested half that which I invested in my decision based on the people. Since then I do not want to do it again. The important thing to keep in me is that when we start trading, we start to risk the loss of trade and do not win. Try to buy something and dive for better sell. good luck.
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March 04, 2018, 03:28:50 PM
 #815

trading is not easy and its not for everyone. For many people, HODLing a few TRUSTED coins is much more profitable option (for multiple years).
Good luck and always chose the best option for YOU!
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March 04, 2018, 05:29:46 PM
 #816

Sometimes we will learn it the hard way. When I started the business, I used to enjoy it where I invested half that which I invested in my decision based on the people. Since then I do not want to do it again. The important thing to keep in me is that when we start trading, we start to risk the loss of trade and do not win. Try to buy something and dive for better sell. good luck.
I also think that it's better to switch to more solid and promising coins, rather than wait for something from the future, which may not have anything good at all.
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March 04, 2018, 05:38:08 PM
 #817

Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!
Only trading or only investment is not wise. At first, learn a lot regarding crypto currency, trading technique and technical analysis. Then, go for buying. Sell whenever you have profit and lock it.
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March 04, 2018, 05:42:50 PM
 #818

Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!
Yes its a really good decession,real coin and project must be pumping.Trading is best way  to earn and difficult to learn because control your mind always other you get huge loss.I am also like holding and hold some coin also like eth,btc,waves,aion,ripple and try to learning trade on some exhchanger with small anount of btc.

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March 05, 2018, 12:41:45 PM
 #819

trading is not easy and its not for everyone. For many people, HODLing a few TRUSTED coins is much more profitable option (for multiple years).
Good luck and always chose the best option for YOU!

There are no such a thing as selected coins. Anyone has the potential to fall at any time, and that is something you have to live with on crypto investment. Take the heat.
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March 05, 2018, 02:30:45 PM
 #820

I experienced the same issues. Trading coins is pretty difficult. I tried it for a month but it is really stressful. Made some profit in the process but it was not worth it. I made the same decision as the TS and now  I am in it for the long hold. Trying to create my lambo with doing nothing :-)
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