BitFinnese
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October 30, 2018, 03:22:50 PM |
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Personally I stopped trading for some period of time, and not only because of the stress, but because of the high decreasing of the crypto market. It is very hard to trade on the decreasing market.
Well, trading with emotion surely triggers that stress. It is always best to trade calmly, though I guess that is quite impossible since we are only human (subject to stress and emotion). That would be a great move to stop trading if you cannot handle your emotion. It will be devastating at the end. I can say I have not stopped trading since I just let my sell order sit on the exchange wait for it to be fulfilled and set buy order then let it be fulfilled. If one has patience, then probably stress will be lessened. I think this factor is missing to you and OP. Btw, I only trade what I can afford to lose that is the reason why I am not emotionally affected by the decrease in prices I guess.
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5thFear
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October 30, 2018, 03:29:24 PM |
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Well i think even Trading won't last in this bearish market. It falls and then falls more and then more. Even trading can work only in a market which at times go up and down but not in a market which has only one direction to go and that is rock bottom and then discover new depths in rock bottom.
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Amberum
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October 30, 2018, 04:03:07 PM |
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To reduce trading stress i use the following methods - Risk management - reduce position volume and increase time frame, change trading style from day trading to swing trading, better to midle term investing style.
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bakermaker123
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October 30, 2018, 04:07:09 PM |
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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.
This is the same feeling I got when I trade and it is really not good for our body because a lot of negative things and stress comes in our way. But this doesn't stop me from trading because when I hit the jackpot, it really made me happy
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Live for the moment.
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minhkhoa
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October 30, 2018, 04:09:48 PM |
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You give up too early because the market has not recovered so many people easily fall into a state of discouragement.But when Bitcoin return, the tension is nothing.If i were you, i will not give up because I have confidence in Bitcoin.
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kramchers
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October 30, 2018, 04:26:06 PM |
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You are trading and will get your depress because you are checking the price too much. You can buy some coins and leave it there . if you want you can sell them at the price you want. Just set a sell order and you will be good then.
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royaleFlag
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October 31, 2018, 09:53:22 AM |
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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.
Yes that is right to say, every person has their own choice, we cannot force a person for anything, if a person do not feel confident he should really stop trading and should try to find other job or mean of earning where he feel himself more commutable.
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Duogembrot
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October 31, 2018, 10:33:51 AM |
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when you stop trading it is a choice and a way that is right for you because you do not feel like trying something new in cryptocurrency and you do not dare to step forward and face the risks that exist so that you experience such a loss.
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iTradeChips
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October 31, 2018, 10:40:42 AM |
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These are very valid points. I do trading too and I think I make it something that does not really waste most of my time. I mean there are hours that I need to do other things in the house and the family so I spend at least one hour then do another chore then go back to it again for another hour and so on and so forth.I think it really has something to do with strategy.
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ipanks
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November 01, 2018, 03:14:50 AM |
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It is better to stop trading if we cannot handle our emotion because in the market, we will face many things and it's not guaranteed we can make a profit every day. While the market is stagnant like today, you can stop for a while and do another thing, and you can come back if the market can recover in the next month. And it's good if you can something that will help you to get new activities, so you can prevent your mind to think about trading.
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btc_love (OP)
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November 01, 2018, 01:10:25 PM |
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You are trading and will get your depress because you are checking the price too much. You can buy some coins and leave it there . if you want you can sell them at the price you want. Just set a sell order and you will be good then.
can be true. but I get too anxious to be honest
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carrascos
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November 01, 2018, 01:12:18 PM |
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you should not start trading in this market at all because you risk losing all your money. all of my friends who started trading in the cryptocurrency market lost a lot of money
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btc_love (OP)
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November 01, 2018, 01:21:55 PM |
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you should not start trading in this market at all because you risk losing all your money. all of my friends who started trading in the cryptocurrency market lost a lot of money
so do I. that is another reason why I play blockchain games now
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Checkoi
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November 01, 2018, 01:23:10 PM |
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I'm trying to trade in my free time and I can tell you that in this market you can make very good money if you choose the right tactics
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Kadal Ijo
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November 01, 2018, 01:32:48 PM |
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Difficult market conditions like this certainly have a big impact, it is difficult to get profit in trading so I also stopped trading, I will return when the market has recovered, and hopefully it will happen soon.
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lequocvuongpro
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November 01, 2018, 01:34:24 PM |
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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 #1 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-gamesUPD #2 There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96These three reasons are the most common. It's important that you know how to manage it. When you know the management then it's easy for trade, You don't spend much time on trade should not be too much, just 3.4 hours in a day. It's enough
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mobiistaryuna
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November 01, 2018, 01:40:15 PM |
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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.When the market is mostly flat with more tendencies to fall than rise, it can be indeed stressful. The risks are bigger and the profit may not be great.I have never even tried trading.
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cryptonewsID
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November 01, 2018, 02:01:15 PM |
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To reduce trading stress i use the following methods - Risk management - reduce position volume and increase time frame, change trading style from day trading to swing trading, better to midle term investing style.
very helpful with what you say, changing the style of trading so that it is not saturated is what I want to do, and to invest also I will do it in the medium term, by buying when the price falls and selling when the price rises again.
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dat.ho12492
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November 01, 2018, 02:08:46 PM |
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Difficult market conditions like this certainly have a big impact, it is difficult to get profit in trading so I also stopped trading, I will return when the market has recovered, and hopefully it will happen soon.
Looks like market conditions are hard at this time but the real situation, this may be your chance to earn the best profit and have more chances to win than ever because the price of altcoin is almost to the bottom, the recovery signal has appeared regularly, if you know how to make good use of it, profits are huge. You will need a lot of time and effort for this, maybe you will be very tense when you think and work constantly but you should try, do not miss this great opportunity
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Gurjasmeet
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November 01, 2018, 02:54:46 PM |
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Although this is situation create stress to their investors due to go down market value. but l think this situation would be changed be positive.
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