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Author Topic: I stopped trading. 3 reasons why.  (Read 20647 times)
nezzard
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November 08, 2018, 07:57:23 AM
 #421

I think you did so in vain ... You could further develop your skills in trading and investing. And now you just spend time in games and I'm sure that this is not rational.  Undecided

coinmaster241
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November 08, 2018, 08:25:30 AM
 #422

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!


It all depends on the tastes of everyone, I'm sure everyone who runs Crypto is very aware of the risks that exist and knows to deal with the problems involved. Your path may be right for you but not according to others
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November 08, 2018, 08:39:13 AM
 #423

Personally, I stopped trading only because of bad experience and only because of it I am not going to continue any further!

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November 08, 2018, 08:54:01 AM
 #424

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!


It all depends on the tastes of everyone, I'm sure everyone who runs Crypto is very aware of the risks that exist and knows to deal with the problems involved. Your path may be right for you but not according to others

Higher risks = higher profits. I also believe that everyone should choose what he or she wants to get from trading. And everyone are aware of risks.
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November 08, 2018, 09:01:31 AM
 #425

I think you did so in vain ... You could further develop your skills in trading and investing. And now you just spend time in games and I'm sure that this is not rational.  Undecided

I agree with you mate, Its seems he lost hope from cryptos. I guess he just trying to recover by itself from losing in trading through switching blockchain games.But i believe he will come back in trading when theres a good market fluctuations again.
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November 08, 2018, 09:07:49 AM
 #426

Personally, I stopped trading only because of bad experience and only because of it I am not going to continue any further!
Bad experience will be experienced in every trade, sometimes falling and losing big. I am new so I have never done a trade and haven't experienced it. so in my opinion they stopped trading because he was tired of everything and wanted to quit and maybe switch to working with someone else. Everyone sometimes wants to change professions because they panic with poor market conditions so they stop.
Ria Sakurai
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November 08, 2018, 09:10:31 AM
 #427

I agree that trading is a stressful work, but i still continuing trading because i still can earn money from daily trading. My purpose is small, i aim to get on $20 each day from trading, max 10 trades each day i will do. The rest time i use for other activity, work, relax, for my family. 
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November 08, 2018, 09:13:10 AM
 #428

I agree that trading is a stressful work, but i still continuing trading because i still can earn money from daily trading. My purpose is small, i aim to get on $20 each day from trading, max 10 trades each day i will do. The rest time i use for other activity, work, relax, for my family. 
You can use margin trading and make more profit. But of course it is very difficult and you can loose everything if the price go up or down very quickly.
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November 08, 2018, 09:16:23 AM
 #429

i am very sorry you faced all these challenges while you were trading, but you have to bear in mind that not everyday will be a good day when trading, there are some days or even weeks that may go against you, but never to worry, you'll bounce back soon
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November 08, 2018, 09:37:27 AM
 #430

I stopped trading and participated in the HODL campaign because: The market was abnormal, the penny price fell sharply, there were many frauds on the market that made me wasting time ...
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November 08, 2018, 10:49:03 AM
 #431

i am very sorry you faced all these challenges while you were trading, but you have to bear in mind that not everyday will be a good day when trading, there are some days or even weeks that may go against you, but never to worry, you'll bounce back soon

thank you for your support!
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November 08, 2018, 01:38:56 PM
 #432

I understand where you are coming from, it has been said that most people lose money trading because of the emotional attachment to their funds, some over trade and some are not disciplined enough to cut their lose early and started chasing the price and trading is getting more complicated now in crypto because of several algorithms that is being developed to spot opportunities early

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November 08, 2018, 03:27:32 PM
 #433

I am also not in favor of trading because it requires you to continue monitor your trade and this market takes immediate reaction on any positive or negative news and huge volatility comes with any news and you cannot catch every moment of this market.


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yrrehc16
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November 08, 2018, 03:30:46 PM
 #434

Quote
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
.

You are stressing yourself, you dont need that much time to have that! there is a long time trading and a short time one!

Quote
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.

You are into struggles by that, you dont need that, if the token is quality and has the potential leave them alone!

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

trading is not 100 percent winning.
therefore you are gambling!
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November 08, 2018, 04:14:30 PM
 #435

right, don't force trade now because when you are stressed there you will lose a lot of money. and I want to ask whether the two games can make money or bitcoin or some other altcoin if I play?
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November 08, 2018, 09:32:22 PM
 #436

You should have. Now you could learn how to trade in a difficult situation and when the market becomes bullish, you will be able to earn very quickly.
Even if the market of cryptocurrencies is in the middle of a bull market that doesn't mean that you're going to make any money in it, there have been many cases of people that made all the wrong moves at the wrong time and lost money despite the fact that almost everyone that just held their coins was making a lot of money, so be very careful because trading is a lot more complex than you think.
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November 08, 2018, 10:19:03 PM
 #437

Many people have decided to leave the cryptocurrency market for a while. Perhaps this is correct, because the situation is very unstable now.

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November 08, 2018, 10:42:31 PM
 #438

For the 1st and 2nd points, you have a simple solution. You can try using a trading bot. By using it, you will not spend a lot of time. You just have to set your stop loss and taking profit targets, and leave it.
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November 08, 2018, 10:45:15 PM
 #439

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-games

UPD #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/96

It depends on how you employ the strategy in trading, but it also a good move that you are out of the stress now, taking a break does not mean quitting the whole thing, you deserve something better, and plan for the next strategy.
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November 08, 2018, 10:51:37 PM
 #440

It doesn't have to be stressful, to do it right you should leave your emotions at the door actually

and as much time as it takes, when you get good at it you can make 1-2 trades in a couple of hours and call it a day
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