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Author Topic: I stopped trading. 3 reasons why.  (Read 20700 times)
Naughty Princess
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October 25, 2018, 06:46:51 AM
 #161

It is a pity that you got into such a situation! I also did not quite long ago in this market, but this did not happen to me because I chose the HODL strategy and was willing to wait a long time! For an inexperienced person, trading on the exchange is a huge stress with big losses !
Trading is not good today because the price is becoming stable and sometimes more fall. Truly that  trading is stressful but watching the chart whole day is much stressful and you cannot enjoy it. For now what is good to to is holding the coin that has potential and wait it recovers.

kendra1107
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October 25, 2018, 06:50:33 AM
 #162

Trading only becomes stressful when you allow it to be. It's not the trading system that is the problem. It's the trader him/herself. Investing more than you can afford will surely stress anyone out especially during a crash. Another is being a day trader which will certainly take up much time due to regular checking of market conditions and value. Also, investing in too many currencies will surely take much time due to constant monitoring. Everything can be simple if we are disciplined enough to manage our time and portfolio.

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October 25, 2018, 06:51:55 AM
 #163

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!


UPD:

I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games

With three reason that you gave, I can understand this because I also experienced days with trading everyday. It is really stress and I almost lack of sleep. But I don't already give up trading, I just transfer to trading for long time (week or month), not trading every hour and every day

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October 25, 2018, 06:55:33 AM
 #164

If you are not a very qualified trader with extensive experience, then trading with you will always take a very long time. As you gain new experience your trading will be more and more automatic, you may start using trading bots. This will allow you to free up your time.
iTradeBit
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October 25, 2018, 07:00:51 AM
 #165

Yeah, It takes too much time.
Sab11
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October 25, 2018, 07:08:21 AM
 #166

Yeah like you i stop trading because its very time consuming and very stressful you need to check the chart whole day and your mood become bad when the price gets down, thats why instead of trading i spend my spare time in joining some bounty campaign less stress, all you need is to complete the task every week and you will earn.

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October 25, 2018, 07:10:40 AM
 #167

Anything worthwhile involves hard work and sometimes, stress! Leaving cryptocurrency because of these is a flimsy excuse at been lazy! The challenges and difficult include stress is what is made up of ingredient that produce success!

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October 25, 2018, 07:18:02 AM
 #168

Anything worthwhile involves hard work and sometimes, stress! Leaving cryptocurrency because of these is a flimsy excuse at been lazy! The challenges and difficult include stress is what is made up of ingredient that produce success!
If trading is not for you then you will not make money here, that is our main purpose and we all know there is no easy way to do it, but it's possible.
Some people make big money in trading so we do have a chance, but we should be smart as they are, we have to put our passion on it and if we feel we keep losing money then I guess it's better to give up our dreams and look for other opportunities in life.

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October 25, 2018, 07:18:13 AM
 #169

Day trading is much stressful more why you have option on long term investment on better coin of your choice and if you can really do the day trading then you either have target on daily basis and know little about the tools to use .
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October 25, 2018, 07:20:10 AM
 #170

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!


UPD:

I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games

The reason that you have said is just a problem of some trader but you can get out of it. You need to control your emotions in doing trading, you will experience stress it you do not control your emotions. You just need some rules in doing the trading so that it will not take too much of your time doing day trading will really need too much of your time. Playing blockchain games is another way for you to earn money.
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October 25, 2018, 07:24:34 AM
 #171

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!


UPD:

I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games
Yes maybe it can be stressful but if you really in need of money maybe you cannot feel that way and will still try to do something in order to earn more. Trading gives huge profit that if you can hit the price in the market but it is really hard to win on trading that is why it needs a lot of time to study.
virtual_miner
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October 25, 2018, 07:40:40 AM
 #172

It can be less stressful, if your approach is different. If you are logging in 10-15 times daily, then it is very stressful. If your approach is just hold long-term then it wouldn't be that stressful. There are a few good coins that you can hold for long-term like Ethereum and Neo.

It is difficult, because trading is very easy to cause many phenomena such as stress, anxiety, ... Because their money is rising or falling continuously, they can not care less about it.
thuat86
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October 25, 2018, 07:42:18 AM
 #173

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!


UPD:

I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games

Yes, I have stoped trading for months too. I am not good at trading, and the marketing is easily manipulated by big hands
V1saya
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October 25, 2018, 07:44:51 AM
 #174

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!


UPD:

I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games
Yes maybe it can be stressful but if you really in need of money maybe you cannot feel that way and will still try to do something in order to earn more. Trading gives huge profit that if you can hit the price in the market but it is really hard to win on trading that is why it needs a lot of time to study.

To be honest. It is probably the market situation that is stressing you. Everybody loves money. I bet you'll stay awake if the market is in a complete bullish trend. I myself would goddamn spend my whole day making huge amount of money.
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October 25, 2018, 07:45:12 AM
 #175

Everyone here will make money in different ways. Maybe you are really tired of such a cycle of life every day, leaving may be a good choice!

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Snake9999
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October 25, 2018, 07:54:29 AM
 #176


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!


You should stop this bad habit immediately, which is not good for you. A real good trader will not stare at the screen every day. You need to pay more attention to the good information about the cryptocurrency, and then decide when will buying/selling, this is the most important.

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October 25, 2018, 08:03:18 AM
 #177

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!


UPD:

I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games

Well, then don't forced yourself too much because it can really bring us stress. There's a lot of options that we can do and it depends on how we are going to handle the pressure. Trading need analysis and patience which needs to be developed because cryptocurrencies are unpredictable.

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October 25, 2018, 08:06:18 AM
 #178

Besides the stress and time consumption involved in trading, I stopped it because I was loosing more than I was gaining as the market became very in predictable. I rather find bounty hunting more friendly than trading.

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October 25, 2018, 08:37:27 AM
 #179

I for example do not trade just invest and no longer go to the stock exchange ! I'll come in a couple of years and I think I'll see waiting for a good gift in the amount of a good amount of money !

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October 25, 2018, 09:16:14 AM
 #180

Everyone is an individual with different set of skills. Not everyone can be a Pilot or scientist. You may have found it harder then expected but trading still is profitable and still worth it. Every job you do has a negative side. Everything depends on your priorities.

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