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Author Topic: I stopped trading. 3 reasons why.  (Read 20637 times)
duuuuude
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October 26, 2018, 09:27:15 AM
 #201

If you engage in "collective farm trading" you can not only spend nerves but also lose investment. It is better to spend time on a deeper study of this topic.
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HEvangelista
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October 26, 2018, 09:28:32 AM
 #202

I tried that trading thing sometime last year and I would be honest I got so much stress I started experiencing some medical problems due to the stress of being always in front of the computer and checking prices and all of that. I stopped it before it kills me because of stress related problems. Hopefully many will follow suit. Trading is not for everybody.
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October 26, 2018, 09:30:31 AM
 #203

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
There are many useful trading robots which trades for you, but you have to pay subscription, but still it is profitable Wink.
And about the games, could you kindly tell us more? What are you really doing and is that profitable?

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October 26, 2018, 09:31:48 AM
 #204

Trading actually takes a very long time and brings stress. Therefore, you need to be a free and stress-resistant person. Not everyone can brag about it. So I understand why you gave up trading. But they found themselves in another case. Everyone should do their job
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October 26, 2018, 09:34:26 AM
 #205

Trading actually takes a very long time and brings stress. Therefore, you need to be a free and stress-resistant person. Not everyone can brag about it. So I understand why you gave up trading. But they found themselves in another case. Everyone should do their job
we could learn  our mentality and psychology before decided trading in cryptocurrency market.so when we facing bloody market we didnt easy to felt give up.

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October 26, 2018, 09:36:01 AM
 #206

Trading is a really profitable business and I don't understand the reason why you should stop trading. It only depends on the time you spend on trading.  It involves a lot of time though but it is worth it.

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October 26, 2018, 09:45:50 AM
 #207

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.
Looks like you are a day trader that checks for the change of price from time to time and when you achieved your target you sell right away. Remember that in trading its your choice how many times you want to check the price of the coin that you bought. If you don't want to check it from time to time, then Sell it right away and put a price where you think you already gained profit.

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.
Again its your choice if you want to tire your self in checking the price of the coin that you bought every 10 minutes. if you want to trade but don't want to check the price, Buy now Sell after a year or more, meaning shift to Long Term trader.
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October 26, 2018, 10:01:26 AM
 #208

yes the trading is stressful i also have reduced it prefer to do more a holding strategy with the hope that the value of altcoin grows and only minimally trading

free space pm if interessed
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October 26, 2018, 10:10:13 AM
 #209

I aggree with it because I myself often, as a madman, check the quotes and the value of one or another coin.
But it is impossible to stop trading if it gives some positive result.
Sincerely yours.


Many people enjoy it even when they spend in trading more than 10 hours a day. They cannot live without this activity. However, I understand the guy. When you trade, you are always stressed, and a rare person can bear it.
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October 26, 2018, 10:31:44 AM
 #210

Because of very hard to get earnings in Bounty Campaigns today so I did day tradings,in first it is very hard to select a token that can give me daily income because how many times i failed in tradings but i did not give-up,lucky someone advise me before i buy a token I need familiarize it first and check the token if their is a big volume so now day tradings  give me a daily income.


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October 26, 2018, 10:37:26 AM
 #211

I agree that this is a huge stress and work, of course many give up, I'm sorry that you are in such a situation.
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October 26, 2018, 10:38:06 AM
 #212

I don't think you have been able to divide your time well, if you don't get comfort in trading, then your decision to quit trading is a good decision. the purpose of our life in the world is to seek happiness not to make our lives stressful and depressed.
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October 26, 2018, 10:50:42 AM
 #213

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.

In order to be a successful crypto trader, you must have resilience. Stress and fatigue will always creep in bit you must be ready to manage it. I think you can still get back on.

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October 26, 2018, 10:53:16 AM
 #214

blockchain is not a new technology, but is a revotionary tech though
but the product of it - cryptocurrency, just too much intense for newbie
it's not just a invest anymore, cause too much trick for normal person to handle if he wants to get profit Sad

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October 26, 2018, 10:54:24 AM
 #215

although this is a feeling that is felt by almost all crypto currency traders around the world,
the traders will certainly be stressed if the market conditions fall like today, especially the inexperienced traders.
with falling prices they will continue to monitor price movements so that it will waste their time, I understand what you feel, you have made the right decision
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October 26, 2018, 11:16:52 AM
 #216

Trading can be tiring too but I think I enjoy it and I don't want to stop it. I see all the reasons you listed but I think why it became more stressful for you is because you are trading under a bear market so you have to take extra efforts to make profit.

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October 26, 2018, 11:21:30 AM
 #217

It is really depend on us if we stop trading specially this days because too many altcoins are down and trading is not good, I just hold my remaining altcoins and waiting for the bull run, I also don't do trading this time but I will continue if crypto market is okay.

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October 26, 2018, 01:03:03 PM
 #218

Are you trading every day? If you are a trader day then you are a full time job with this market. If you do not, you should spend some time to invest in the medium term, so that you do not have to constantly check the current price as today.
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October 26, 2018, 01:17:02 PM
 #219

For some reason, many people forget that trading is a profession. It requires a lot of time, training (including on your own mistakes), and requires you to have the nerves . Only by becoming a professional trader, you can develop a peace of mind and planning.
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October 26, 2018, 02:08:48 PM
 #220

How long are you doing business with trading? Based on your statements, it looks like you are a day trader but doing it wrong. Why checking your trades 15 to 20 times a day where you can actually put a margin to that or you may also use an a notification app like CoinStasts when it hits your targets for sell point or stop loss point. The market is very unpredictable so I can't blame you if you decided to stop or limit your tradings. Trading is a bloody business so you should use to it if you are using it for a living.

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