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Author Topic: was trading beneficial for you?  (Read 2991 times)
peter0425
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November 29, 2017, 04:27:39 AM
 #21

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

Of course its beneficial to me at least. Journey was good I must say, there's ups and down and I'm still standing at still on the positive side. I think my mistakes is exiting too early and putting my sell order and didn't wait till the price go up. I was paranoid that the price could go down in the next hour or day that's why I would immediately push the button. Also at the beginning of my journey, the dreaded panic selling was un-avoidable. But as I matured, I learn to control. That's why I have my entry/exit plan into place already so that I know what's the right time for me to exit or to buy.

h0lybyte
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November 29, 2017, 04:30:40 AM
 #22

I started cryptocurrency trading in 2013 and i remember my first investment with bitcoin was $50, obviously due to low market it gained me no profits but helped me to learn a lot more about it. Since i continued trading my crypto assets with different altcoins, the profit started pouring.
There were some little losses also but overall my trades were successful and i am still doing it well as before
Indrawan77
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November 29, 2017, 04:51:38 AM
 #23

I still got profit from trading, but not too much, I still got so many to learn regarding to the trading, but I think I am getting better and one of the lesson I learned is never too greedy and although trading is very profitable but the risk of losing money is also really high, so only trade with the money you can afford to lose
amla
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November 29, 2017, 04:52:53 AM
 #24

Almost a year ago I known nothing then slowly I go for searching about crypto currency and digital trade with bitcoins so I started mining to be more honest I earned  a lot and these days I  have invested in different Mining site and gambling through which I am earning a lot and hope to earn much more in near future.
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November 29, 2017, 05:07:16 AM
 #25

btc 20k? I want holding my btc. it's ok?
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November 29, 2017, 06:41:09 AM
 #26

my journey so far can be said to profit because I did not spend money for trading, because I got it from bounty and then put it on the exchange site, well at the time of trading may be said I'm a bit of a loss because the bitcoin price continues to rise, of course it affects other altcoin prices, it is very difficult to find the right time to sell right now.
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November 29, 2017, 07:24:22 AM
 #27

I still got profit from trading, but not too much, I still got so many to learn regarding to the trading, but I think I am getting better and one of the lesson I learned is never too greedy and although trading is very profitable but the risk of losing money is also really high, so only trade with the money you can afford to lose
Yes trading is profitable but before we enjoy it, we are facing first the struggles in trading on which is a good way for everyone to avoid losses in trading. We learn from our mistakes and this mistakes help us to improve our skills and strategies in trading.

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November 29, 2017, 07:31:45 AM
 #28

Not so much. My dreams are actually now farther away ever since i started trying trading. Especially because I tried to day trade bitcoin. Everytime i shorted it the price would rise higher than before. Lesson learned, there is no all time high for bitcoin. Bitcoin will not stop until it reaches the moon.
Golftech
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November 29, 2017, 07:45:25 AM
 #29

I can say that it changes my life in a way that it can sustain our monthly household expenses. Though it was not easy at first, but eventually, I got the hang of it, plus I can just do it in the comfort of my own home and can spend more time with my family.

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November 29, 2017, 08:09:18 AM
 #30

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

Haven't had any noteworthy profits from trading, in most cost cases I go down with a huge loss.
Though I wasn't looking at it to make me rich.
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November 29, 2017, 08:11:47 AM
 #31

It's the opposite. To make myself calm after all of my loss is I just think that I'm still learning and I'm still knowing all my mistakes that I shouldn't do anymore.
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November 29, 2017, 08:37:47 AM
 #32

I stopped trading because my father assigned me to run our family business.

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November 29, 2017, 09:30:40 AM
 #33

not always and it is impossible to make profit on all your trades but I am happy that my total is positive. I have made more money than I have lost and I take it as a good sign. it has never been easy though. sometimes you have to make hard decisions to accept a loss in order to prevent a bigger one or to make profit later on.
this market requires a lot of experience in my opinion. because things such as technical analysis and lots of other more logical reasons do not work most of the times. for instance there are times where an altcoin is rising when it should have been falling and it is falling when it should have been rising!
this makes everything that much harder but it is possible to make a sense of all this in time.

Also some mistakes that you would never repeat?

1. buying an already pumped altcoin
2. holding altcoins longer than I should

Only Bitcoin
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November 29, 2017, 09:48:51 AM
 #34

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
As of now my trading history is pretty good actaully, most of my bitcoin was came from it. Though, I admit that I lose sometimes but, it doesn't become a hindrance for me to gain profit but rather it makes me more productive because I do believe that learn from your mistake.

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Oceat
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November 29, 2017, 11:17:44 AM
 #35

So far in my experience i've managed to earn some profit but not that much. Trading bitcoin is a bit hard though compared to altcoins, that's why sometimes i'd rather choose to hold than trade in a short time because when every time i do short-term trade sometimes i earn high and sometimes not. I only trade a small amount of bitcoin because i don't have a huge capital to trade bigger while trading altcoin i might hold it since i've seen some potential for it to rise in the long run.

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November 29, 2017, 11:30:19 AM
 #36

In trading you must be patients in selling and careful for buying and do some researched regarding the coins that you bought, you've not rich with two days trading section. Much better just holding coins for a long run that have potential value coins that is less risky.
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November 29, 2017, 01:01:45 PM
 #37

Yes trading is quite beneficial for me, where from trading I get additional income although not yet become rich, and importantly I got a lot of experience that can also train me to control my emotions, more patient in the face up and down prices
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November 29, 2017, 01:29:35 PM
 #38

Trading in the market is going to be extremely advantageous. But as the current value of bitcoin is too large, this is definitely the moment you should observe the market through bitcoin to decide. Do not rush. Buying into altcoin is now too dangerous.

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November 29, 2017, 02:04:02 PM
 #39

For all the people who started trading with dreams to become rich.

hahaha, many people start to trade with this hope "to become very rich quickly"


How has your journey been so far.

my journey was not easy and I still have a lot to learn


Was there a net profit or loss till now.

I currently have a profit


Do mention from when you started trading and what amount in total did you loose or gain.

I started months after signing up here in the forum and started with just under 0.01btc and loses more than 2btc

Also some mistakes that you would never repeat?

invest in altcoins without first doing some research



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November 29, 2017, 02:07:40 PM
 #40

For me trading in particular was not a very pleasant experience. First I started with Forex some years ago, halved my initial investment because I didnt know what I was doing at all. Cut losses and left it alone. Then I discovered Crypto and also trading was not the thing that made me good money, hodling payed off for me until now.
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