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Author Topic: Trading sucks, I'll just hold my coins  (Read 25856 times)
cluit
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August 29, 2017, 12:09:03 PM
 #241

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 doesn’t suck. Losing lots of money really is the sucker. Come to face it. Trading isn’t actually for everybody. It is for those who are ready to take the risk.
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August 29, 2017, 03:39:52 PM
 #242

 Grin Hold is a good tatic to become rich but it's really boring... Like play Battle ground.. If u hide good enough u will get high top but very boring

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September 01, 2017, 09:30:11 PM
Last edit: September 02, 2017, 02:58:02 PM by naidray
 #243

Grin Hold is a good tatic to become rich but it's really boring... Like play Battle ground.. If u hide good enough u will get high top but very boring
Haha, yeah it is boring but highly safe. I am also using this tactic to become rich in the near future and I hope it works for me like many other bitcoin holders. Holding pays you off without hard efforts and besides you are not required to read daily news about digital currencies etc.

When we are not finding trading as a satisfying opportunity then there will be nothing wrong to switch over to investment mode with bitcoins. Because, just holding bitcoin will ensure we are at right path with respect to bitcoin opportunities. Hence we never need to worry about not being a trader to make the benefits due to bitcoins.
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September 02, 2017, 09:20:22 AM
 #244

try to be patient and do not be fooled when the price goes down, hold your coin is the right choice, because the coin is not always in the expensive price, wait until prices rise rapidly and do not be fooled by the price decline in the market.
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September 02, 2017, 10:20:41 AM
 #245

Grin Hold is a good tatic to become rich but it's really boring... Like play Battle ground.. If u hide good enough u will get high top but very boring
Haha, yeah it is boring but highly safe. I am also using this tactic to become rich in the near future and I hope it works for me like many other bitcoin holders. Holding pays you off without hard efforts and besides you are not required to read daily news about digital currencies etc.

Yeah, its kinda boring and all you have to do is just check on the price and see your investments. But I guess for some who really hate trading because they are losing will go to this route. Even though is not really interesting just to hold, it has no risk whatsoever so it makes really sense for investor who are not into trading. But for most of us here, who love the volatility of bitcoin price, we do go in trading because the profit is really great although you have to have the proper skill set and knowledge to practice this craft. Right now the price has plummeted, and I pretty sure that most of the traders have already taken profits by now.
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September 02, 2017, 02:54:09 PM
 #246

I tried trading, but I never managed to see any patterns. Price goes up, price comes down, why does it do that???
In the end I mostly had the money I started with. But no profit.
To me it would have been really better to do something usefull during the time I invested in trading.
That is why I have decided as well that the best working strategy in the crypto currency world for me is to be just a holder.

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September 02, 2017, 03:21:32 PM
 #247

some people said trading is good option to get profit in cryptocurrency world but it all still depend on the skill for the person themself because sometimes if we have false move then usually we will buy at the low price and sold again even when the price even more low and eventually we will facing experience to loss so to avoid this situations we have to realize our skill with not starting trading with huge amount of money so small amount of money for the beginners is good i guess
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September 02, 2017, 03:51:09 PM
 #248

If we want to learn more about trading, sharp analysis, ability to manage funds and not easily carried away current market alias emotional. Surely we can enjoy very satisfactory advantages from trading. I also at beginning often experience losses and after corrected, it turns out makes me lose that is hurried because emotion in making decisions.


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OracionSeis
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September 02, 2017, 04:52:12 PM
 #249

try to be patient and do not be fooled when the price goes down, hold your coin is the right choice, because the coin is not always in the expensive price, wait until prices rise rapidly and do not be fooled by the price decline in the market.
Buy in dip price and sell at highest price in a cycle, this is my strategy when trading on market. You should have stop loss when trading too, because stop loss will help you do not miss opportunity buy back if your coin trading fall down to low price again.

Time off to sleep ... ( ̄︶ ̄)~
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September 04, 2017, 06:42:59 AM
 #250

some people said trading is good option to get profit in cryptocurrency world but it all still depend on the skill for the person themself because sometimes if we have false move then usually we will buy at the low price and sold again even when the price even more low and eventually we will facing experience to loss so to avoid this situations we have to realize our skill with not starting trading with huge amount of money so small amount of money for the beginners is good i guess
Trading needs practice and patience along with skills. Without skills, you can’t earn any profit in trading. Yes we should start trading with small amounts that we don’t regret losing but investing too much in this field without any guidance is mere stupidity. I personally don’t believe trading is for everyone.
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September 04, 2017, 08:34:47 AM
 #251

yes right I suggest you hold your coin up for several years to come, because next year coin will be expensive all......
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September 04, 2017, 12:35:12 PM
 #252

does anyone here hold back the NEO besides me? from the events of the NEO I so very hate china, they are a very crummy state. f * ck CHINESE !!!
 Angry Angry Angry Angry Angry Angry
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September 04, 2017, 12:46:09 PM
 #253

Trading doesn't sucks it is just your skills in entering the market. If you will learn more about trading then you can learn how to do trading analysis and also fundamental analysis and it can be helpful for you to enter the market properly so you will not experience getting stuck.

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TooDumbForBitcoin
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September 04, 2017, 01:03:48 PM
 #254

does anyone here hold back the NEO besides me? from the events of the NEO I so very hate china, they are a very crummy state. f * ck CHINESE !!!
 Angry Angry Angry Angry Angry Angry

Its not permanent ban. Only temporary, so they want set some new rules I think

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L
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September 04, 2017, 01:20:33 PM
 #255

Today trading sucks donkey balls, market crashed and it is very difficult to predict bottoms, you may get double REKT catching falling knives.

Better just stay off the market and have fun with memes all day.
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September 05, 2017, 06:46:35 AM
 #256

Trading doesn't sucks it is just your skills in entering the market. If you will learn more about trading then you can learn how to do trading analysis and also fundamental analysis and it can be helpful for you to enter the market properly so you will not experience getting stuck.
Exactly! You are not supposed to enter the building about whom you don’t know anything properly. You might be misdirected in building to find you exact location. Same as the trading, you don’t know the things properly before starting it, it will suck. Learn first, trade next.
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September 06, 2017, 08:19:14 AM
 #257

Today trading sucks donkey balls, market crashed and it is very difficult to predict bottoms, you may get double REKT catching falling knives.

Better just stay off the market and have fun with memes all day.
It seems you have been victim of this changing market trends badly. There is no need to lose patience. Just stay calm and soon the things will get recovered. We all know that this crypto market is highly volatile and if you are dealing with altcoins, then probably it is really dangerous for you.

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September 07, 2017, 03:07:41 PM
 #258

Today trading sucks donkey balls, market crashed and it is very difficult to predict bottoms, you may get double REKT catching falling knives.

Better just stay off the market and have fun with memes all day.
It seems you have been victim of this changing market trends badly. There is no need to lose patience. Just stay calm and soon the things will get recovered. We all know that this crypto market is highly volatile and if you are dealing with altcoins, then probably it is really dangerous for you.

There are days like that when you trade though so i think its normal when you'll have dry trading days. Its going to be up to you if you'll still stick to trading because for me, i'm now preferring to hold conaidering the movement of bitcoin. Less stress, less thngs to thinm about.

 
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minthit
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September 07, 2017, 03:31:08 PM
 #259

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!
Yeah. If you're looking for dump and pump in trading, for me, it will be better to stick with sports betting. Sorry to hear that. Cheers!
fullypak
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September 07, 2017, 05:52:45 PM
 #260

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!
Yeah. If you're looking for dump and pump in trading, for me, it will be better to stick with sports betting. Sorry to hear that. Cheers!
Trading is not easy mate, the definition is a simple buy at low and sells at high. But what to buy and where to buy and how to buy and which time we need to buy and where to sell what time we need to sell and when the market is going up and when it will come down. Like this too many questions will occur. You know answers to all these questions you can start trading or else stick with just Bitcoin investment.
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