I stopped trading. 3 reasons why.

[dimb]

Indeed the life of a trader is not easy. Therefore, if you do not have much time to trade, invest your investments for a long period.

[1714805409]

1714805409

[Genemind]

1) Too much stress.

Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.

2) Too much time.

Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.

3) I started playing blockchain games.

It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!

I agree, the current market is too depressing for some traders to handle. A lot of people have lost their money due to the bear market. That is why most people kept away from crypto which resulted to lesser demand. Maybe, once the market starts picking up, some traders and investors will go back to crypto.

[NikNikKomarov]

If you want to make money, you need to constantly be aware of events, monitor the rate of cryptocurrency. And the main thing is to stay cool, then you can expect success and save your nerves.

[btc_love]

you really don't need to check the coin price that much if you are a trader, because you can set up a buy and sell bot for it,
or you can also make long term investments. For you to be stress-free.
Gambling or playing using crypto is a much higher risk than trading, but if you really enjoy it, we are not the one to judge.

no, I don't experience gambling. I play games. It's much more fun

[btc_love]

1) Too much stress.

Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.

2) Too much time.

Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.

3) I started playing blockchain games.

It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!

Lol I have the same experience like you dude but i can control all of my emotion right now. if you are selling your coin when the price is so cheap and then you put a lot of hope to see the price will be dumping even lower.

But what do you mean about blockchain game? did you mean about gambling?

no, not gambling. people can get confused when they hear something about blockchain games

[desticy]

Perhaps the most important problem in trading is stress, under its influence you cannot normally think and reason, you become greedy and impatient. You did very wisely.

[ladaturekova]

I can't agree here. Trading has started to grow again and your dicision is not clear for me at all because its profitability is growing too. I will not giv it up.

[rosezionjohn]

While the market has stagnated a bit, I reduced my time in day trading and shifted it to doing some bounty campaigns instead. I think it is more productive than playing blockchain games.

[asayoyaasa]

For the second reason, you need knowledge for it. If you have knowledge about trading, its not require much time, just wait for the momentum then buy. I suggest to you to focus on daily time frame, that give you enough information about movement price.

[OnceTwiceThird]

Trade need much time, where we always focus and check of our asset every time, we have ready for take action when have to sell or buy our asset to get profit, we lost time or internet access we can lost our money for get profit with trading.

[masterkiller]

That's good, don't force something you don't like with all your heart, if you feel burdened if you become a trader, stop and start something new that you like, but in my opinion, traders are art, prediction and patience. If you are very difficult to build these 3 aspects then it might be better if you stop being a trader

[drgomez89]

Lol ist incredible to know that everyone passed through that same problem i did the same jajaja i started to play blockchain gamers like chibi fight but the profits didnt go well for me, so i stayed with the bounty hunter extra cash its like everything to be constant and lucky to found a good proeyct i have joined a lkot of bounties and im only satisfied with 2 :p

[idoottomorrow]

eah man, too much stress that is true. but I believe it worth it

[profitgenerator212]

1) Too much stress.

Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.

2) Too much time.

Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.

3) I started playing blockchain games (not gambling).

It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!

I also like you at the first reason. There is too much stress if we trade every day. I eat sleep with it and constantly observe it seems like 17 hours a day, It makes my mind irritate and angry with the people around.
But I could not give it up because it was a habit in my life and it helped me make money

[Torbeks]

I agree. The bear market is causing stress to a lot of traders because of the downward trend in terms of coin value. It is very hard to imagine that its not causing any stress to anyone since its the money we are talking about. If its getting dollar value is getting lower, it can cause a lot of negative feelings, mostly stress.

[primer61]

Totally understandable why you left Crypto, these reasons are widely known. This is what you get if you become emotionally involved in Crypto - checking it 10 times a day is certainly a sign that you care way too much (But why shouldn`t you? It is your money, after all). I'd suggest keeping a cooler head, may be even treating Crypto as a secondary hobby.

[Esterklu]

Yes, traiding is so stressfull i understand you. Now i focus on another things -  started to discover new projects, make some bounties etc. For me it will be more profitable, than to make mistakes and lose money because of stress.

[elcoblast]

the reaso for me stoped trading activity for is a, my asset are stuck in few altcoin because the price is going down and down, and my eyes is heart when see market condition now

[ambeo]

1) Too much stress.

Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.

2) Too much time.

Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.

3) I started playing blockchain games (not gambling).

It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!

looks lije you've taken the wrong turn, mate! i'm glad you understood in time it was draining you. it's better to admit then pretend that is what you wanted and that everything was fine

[frchowe214]

Life as a crypto trader is draining, not only for energy but also your finances. This bear market has been punishing for the majority of us, to the extent that the OP is not the only one who has considered giving up trading, thinking about it myself!