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Author Topic: I stopped trading. 3 reasons why.  (Read 20638 times)
19Nov16
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October 26, 2018, 02:22:38 PM
 #221

With red market conditions like now, it makes it difficult for us to get profit, especially trading which is certainly a difficult thing when many altcoins continue to weaken.


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tranquangvinh
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October 26, 2018, 02:55:00 PM
 #222

yes , I agree with you that now trading is too much stress because now the market is in the  downtrend, it's difficult to take profit from it , we should now stay away from it for some time.
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October 26, 2018, 02:55:53 PM
 #223

It seems that you were caring more about money you trade ,for some people it's difficult to control their emotions so it's reflected on their health and life.
You know yourself more than any other, you've done well.
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October 26, 2018, 02:56:45 PM
 #224

Correct solution. Trading in the cryptocurrency market is a very dubious occupation. In a growing market, the balance increases, but in a falling market, the chance of a deposit draining is very high.
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October 26, 2018, 02:58:05 PM
 #225

Yes, exactly the same things happens with me, after stress level reaches red zone, i go to deep recuperation.
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October 26, 2018, 03:02:12 PM
 #226

I think this is fair, stopped trading when the market is red is better than continuing trading and we lose, waiting for the market to recover so we have the chance to get big profits.

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October 26, 2018, 03:08:29 PM
 #227

It is your own decision to quit or stay in trading cryptocurrency. however, in all trading system, it will make you under pressure if you really don't know how to enjoy it. There must be something wrong or high willingness but less profits. Trading is full of risks and surprising or shocking conditions. therefore, if we have know understood how to be a good trader, we will e panic, stressful, and also not profit.

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October 26, 2018, 06:08:52 PM
 #228

Shirt term trading or scalping as some people call it can really be stressful and time consuming as you have to keep on monitoring price movement most especially if you are trying to prevent or minimize loss by all means.

A method you can adopt is to set stop loss or take profit with your trades so it's executed automatically when either is hit

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October 26, 2018, 06:14:33 PM
 #229

well i was about to ask the question about the blockchain games and i was actually searching for any such games. Good that you shared them here. And yes, trading is a very stressful job and if you are not making much money then it really can take on your health.
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October 27, 2018, 06:51:09 AM
 #230

Very good advice for traders for now I remember it to me because I always loss my funds in trading and very stressful for me with much time to need in trading.
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October 27, 2018, 06:54:20 AM
 #231

If you do not have strong nerves HOLD, this is what really keeps nerve cells in order.

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October 27, 2018, 07:02:20 AM
 #232

There is nothing worth doing that will not require time from you and in the process of earning a living,  stress will come in and you may get bad side effect of your investment!  The cryptocurrency present opportunity to better yourself and if you see cryptocurrency as opportunity you are  been waiting for,  you will make most our of it!

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October 27, 2018, 07:05:09 AM
 #233

Maybe in the future you will regret your choice, but everyone decides for himself what and how he does in this world. If this is convenient for you, then we support you, but we’ll tell you that you could just hold up to 2-3 coins until the end and simply do not look at the market this year.

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October 27, 2018, 07:07:07 AM
 #234

I think trading is not profitable in this time because market look so low and getting down.
We need a more time to back in trading time.
I think trading will be possible again in December.
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October 27, 2018, 07:11:17 AM
 #235

i also reduced my trading frequency...it's just a natural behaviour change in times of bear markets... not that i'm out completely... i also like blockchain games Smiley
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October 27, 2018, 08:42:54 AM
 #236

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 !
This is the right decision, because many people come to cryptocurrencies and start trying to trade, but when they fail, they are disappointed in the entire crypto industry. Trading on the exchange should be done by people who have knowledge in trade. And for beginners, you can try a test trading account, practice and gain experience.
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October 27, 2018, 08:51:49 AM
 #237

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.
Absolutely right. I see no point in trading without having any knowledge in trading, without time, without experience, without patience, because all these factors are necessary in order to at least not lose their investments. It is better to devote more time to studying the issue of trade, and only then think about starting a trade.
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October 27, 2018, 08:54:44 AM
 #238

I also stopped trading because I think it is not worth trading nowadays. I am waiting for an increase and maybe then I will start again.
This is due to the bearish trend in the crypto market, because it is always easier to trade on a bull trend because of the constant rise in prices for all coins and if you are lost in trade, this loss is compensated by the overall growth of the market and the price of your coins. I am also waiting for the right moment now and do not trade on the stock exchange.
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October 27, 2018, 09:02:18 AM
 #239

I think block games are worse than trading if you want to earn. It's just a game, but trading is a job and essentially you just gave up and started playing games.IMHO

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October 27, 2018, 09:36:57 AM
 #240

It is wise to stop trading now, and the cryptocurrency market is declining. Only when the market starts to turn green is a good opportunity to buy, and prudent investment can have a better future.

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