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Author Topic: I stopped trading. 3 reasons why.  (Read 20645 times)
tmpwhore
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December 14, 2018, 09:49:20 PM
 #521

Yeh.. I agree with you so much time and work but at all only losses on this market. It's better to stop trading and find another work which is more profitable now. Myabe when the market will recover you can come back for trading.
donass1
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December 14, 2018, 09:52:51 PM
 #522

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

Good for you mate. I am planning on full retirement on day trading this year. Its very tedious and time consuming such that you can barely cope with offline activities especially if you have a day job

didzi
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December 14, 2018, 10:23:07 PM
 #523

Investors and traders leave the cryptocurrency market due to the fact that it does not bring the profit that it brought last year.

but not all investors and traders leave this markets,,
because a smart traders can make some profit in this situations and smart investors will buy back again in this red conditions my friend

samantadegrenet
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December 14, 2018, 10:32:57 PM
 #524

Now traiding its so difficult! And when market stay down it also more difficult. so better stop make traiding for this moment and make other work.
michael23
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December 14, 2018, 11:22:59 PM
 #525

If you know how to trade, even if you have been trading for a long time and understand what you are doing, it is still associated with a lot of time that is spent on trading, as well as high risk, which is also a lot of stress, so I understand you, but on the other hand trading brings a lot of money.
bignice
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December 14, 2018, 11:52:00 PM
 #526

Many people find it difficult to leave the market and stop trading. They think it's too fast to leave the market because they haven't made a profit. They suffered huge losses because the market was falling in price. And will trade again when the market has recovered.
jerrison
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December 14, 2018, 11:54:15 PM
 #527

trading is indeed a good aspect of the blockchain technology that gives huge profit within a short range of time but then there are chances of looses also but they are very minute. trading being a profession is indeed a serious business as people commit time, energy and resources to it and it is seen as a profession in most cases and in such and act, it should be considered with all degree of seriousness and resources needed.

Wong Gendheng
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December 15, 2018, 01:17:10 AM
 #528

In my opinion it is only natural if we now stop trading, the red market conditions for almost a year making trading is a difficult and detrimental thing, look at the current altcoins prices which continue to drop and the bitcoin conditions also continue to fall, I will trade again if the market recovers or prices bitcoin reaches at least $ 10,000.
bananaunana
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December 15, 2018, 01:54:18 AM
 #529

I can totally understand you, especially your good points number 1 and 2. Trading is not a good measure to make money and I agree to your OP. Trading is just too risky and crypto has enough risk itself. Better do a good bounty, it's more profitable and less risk.

shooleh
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December 15, 2018, 02:06:17 AM
 #530

Trading is a very profitable thing, but if the price goes down, of course, everyone will definitely shout. And as now many people suffer losses and then they might panic and sell coins. But for me, the decline in market prices is a very common thing. So now I use it to invest from the start.

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elite070
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December 15, 2018, 02:19:42 AM
 #531

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

Maybe the real reason behind is because you cannot see an opportunity now in the current market situation that you can keep gaining profit out of it. Also, maybe you see some opportunities way more interesting than trading.

PlusOne88
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December 15, 2018, 02:31:29 AM
 #532

Well games could be a stress reliever. I haven't heard about block chain games yet but I think given that you have told that it could be addicting maybe it is worth a try. Just don't get too addicted because it will certainly create a problem. On the part of trading I would agree on you. It could cost you your physical health due to stress. I think emotionally people are also affected during times especially when you would see your self losing more than half. Just like what happened to me. But everything is like a gamble and everything like this happens.

deppil
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December 15, 2018, 02:39:37 AM
 #533

Investors and traders leave the cryptocurrency market due to the fact that it does not bring the profit that it brought last year.
Trading must be smart when to enter and when to go out. when the price continues to decline then the expert trader will know when to go out and wait for the right time again. I think losses are a natural thing in trading, not the right reason to stop ?
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December 15, 2018, 02:53:32 AM
 #534

trading in this time become a difficult thing ascertained the results. certainly off on select bother seeing a trade without results so it is better to leave it for a while and come back when the market was already in good condition and ready to profit from the trade.

dilandanmilea
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December 15, 2018, 03:30:51 AM
 #535

In addition to the three reasons you mentioned, the current market situation also makes it impossible to trade coins because of the difficulty in predicting market conditions or the rise and fall of a coin price, whereas in trading coins we must be able to predict the price fluctuation of a coin purchased.

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Dumucoda
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December 15, 2018, 05:18:39 AM
 #536

trading in this time become a difficult thing ascertained the results. certainly off on select bother seeing a trade without results so it is better to leave it for a while and come back when the market was already in good condition and ready to profit from the trade.
Crypto is still unstable if you stop trading for now it might be the right choice, but this is a good choice if you buy it and then the price goes up, you will sell it. Daily trading will be more difficult because the Crypto movement is unpredictable and has a large risk, so it's better to wait until it's safe.
deppil90
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December 15, 2018, 05:24:34 AM
 #537

very interesting suggestion, I don't like to see market prices, if I want to buy a coin / altcoin I wait at the lowest price in my belief, and to sell it I put it in an orderbook, but with confidence the price will be touched, so there's no need to go back to see prices
Nowherman
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December 15, 2018, 05:28:00 AM
 #538

Indeed, day trading and scalping create strong stressful feelings and take an enormous amount of time. And long-term trade is fraught with serious losses in the current realities. As an alternative to blockchain games, you can make money on masternodes, which can become a source of stable income with proper business management.

Clark05
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December 15, 2018, 05:29:21 AM
 #539

Maybe your trading is not for you,  because we earn profit in trading and we can handle the stress because once you invest your money to the cryptocurrency or any investment make sure that you are ready of what possible to happen.
sekop
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December 15, 2018, 06:13:24 AM
 #540

I think it's natural that you now stop trading. In addition to a number of factors that you have, with a crypto situation that like now it will be very difficult to get profit from trading because the market price continues to decline day by day. Trading will support a satisfactory result if it is run when the middle crypto market price is stable and also continues to increase in value.
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