I stopped trading. 3 reasons why.

[TheBigBossK]

I would really recommend to read at least "Trading for a Living" by Alex Elder before starting to trade. Many people make a big mistake thinking that cryptocurrency market is somewhat different from other markets.

Another large mistake is getting emotional about your trades... Most amateurs do that, and it's really not the right thing to do. Most amateurs quit after some time.

[Dewi Aries]

Trade requires patience and a good strategy in trading. A long-term investment is a very good strategy because you can make a lot of profits. But I prefer to trade daily and I have no intention of leaving the trade. Because in my opinion, it is still very profitable.

Every people maybe already have their own strategies. As long it can give you profit, any strategy in trading is good for you. If me i take long term investment, because sometime i only have little time to open market, and for that i buy only coin like Ethereum or Bitcoin.

[anatolijiii]

I would really recommend to read at least "Trading for a Living" by Alex Elder before starting to trade. Many people make a big mistake thinking that cryptocurrency market is somewhat different from other markets.

Another large mistake is getting emotional about your trades... Most amateurs do that, and it's really not the right thing to do. Most amateurs quit after some time.

It all depends on your attitude to this process. For some people this is contraindicated. Excitement, nerves, stress, frustration, ludomania, addiction. According to trader statistics, only a small percentage of traders have long-term profit. Personally, I am very emotional, so trading is contraindicated for me.

[iconoclast]

I don't normally play games because I feel like I am wasting my time and the people who are really getting something out of it are the developers. But I started playing one that is built on the STEEM blockchain and lets you earn cryptocurrency while playing. So I feel a little less guilty about spending time on it. https://twitter.com/CMRoxburgh/status/1123468181333512193

[Tsubachuchu]

The situation makes hard if the market falls down.  you must immediately work to earn income. the world of bitcoin is very fun if it is done at leisure and made  profit. And I believe that bitcoin`s price will grow again.

[burky156]

I am feeling you deeply right now.. I had the same feelings and habits when i was trading hard. I was checking the coinmarketcap 100 times a day and i was nearly loosing my mind..  Also i was spending my time with loosing my money and i quit trading too. Now i am also playing some blockchain games, my best game is Glitch-goons which is great one and 1000s new players arriving the platform everyday. You can check here: https://www.glitch-goons.com/

[nightl]

I completely agree about the stress in trading and constantly checking prices..
I reassure myself that this is not purely my money, but rather numbers on the screen, which have nothing to do with me

[Samboo]

Yes it is obvious that anyone investing in a project is always concerned about his or her investment. So taking stress and checking on your investment every now and then are normal activities I think. I am one of them. I do check news relating to cryptocurrency every two hours and involve in cryptocurrency. But I am not still fed up with this sort of my routine. I do love cryptocurrency trading.

[puremage111]

Yeah gotta agree with
Trading is tired and too much stress

If you are going to deal with trading (Mostly short term), it takes quite some hardwork to do that
Compare to investing, it is easier to just buy something potential and hold onto it

[shoreno]

Yeah gotta agree with
Trading is tired and too much stress

depends on the person that doing a trade . a dedicated trader will ignore the stress and tiredness because all of his efforts can still paid off by the time he trades his cryptos for a good price but if you are an impatient trader that only wants easy money then its normal that you will feel tired and stess due to the market condition  . @op good for you that you found your real happiness . everyone supports you with your decision  . goodluck to your next journey  .

[luthvie]

i thaink its only greedy feeling take control of your mind brother, if you get patience enough with mature plan of hold and buy at the right time, you wouldnt be stop doing trading.

[TIDOVEE]

it is never easy to make money in any side of the cryptocurrency trading, mining, even bounty. it takes time, energy, brain, and money. and at times like this when the market is on dump is it just so discouraging that ones effort is not well rewarded. its like the gaming is what people are liking.  

[JeBro]

Indeed, trading in cryptocurrencies, like trading on the Forex market, is a very stressful, hard and tedious job. And not always lucky and often come losses. As for blockchain games, as far as I know there are many similar games with the ability to output cryptocurrencies, for example, Crypto Kitties. Recently, many are addicted to horse racing on the project Zed Run, which makes it possible to make a profit.

[GhostWithin]

Indeed, trading in cryptocurrencies, like trading on the Forex market, is a very stressful, hard and tedious job. And not always lucky and often come losses. As for blockchain games, as far as I know there are many similar games with the ability to output cryptocurrencies, for example, Crypto Kitties. Recently, many are addicted to horse racing on the project Zed Run, which makes it possible to make a profit.

Dont take this topic seriously. It's created only for the purpose of hidden advertising (clumsily hidden)

[Coltpython]

Trading is not easy in the bear period. Especially at a time when volume has dropped drastically for most coins. It becomes hard to watch price movements daily. You can stop trading for now but try checking it out later. Its still a cool avenue to hit profits

[endogan]

it is never easy to make money in any side of the cryptocurrency trading, mining, even bounty. it takes time, energy, brain, and money. and at times like this when the market is on dump is it just so discouraging that ones effort is not well rewarded. its like the gaming is what people are liking.  

trading is not easy so people who dare to trade are great because trade requires extensive knowledge and experience.
so it's not easy to make money from trading, you can learn before you start so you don't get stuck and you can use your time well.

[coinmaster241]

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.

I'm sure you still love blockchain and sure you realize that blockchain is a financial future. I think right now you are still in a state of grief because you have experienced disappointment on one of the projects you participated in. it's natural but for me if we stop it will lag far behind the others

[masterrex]

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

Thats true trading can caused so much stress if you do it manually and your trading capital was just small enough to even raised a penny thats the truth, in my cased im just doing day trading and just buy and sell two times in one day to prevent stress but dont expect that you earned much through this method im just started with $300 dollars worth of BTC after 1 week it become $329.75 dollars it means im just earned $29.75 dollars in just 7 days  But it depends on the cryptocurrency your trading and the bitcoin price fluctuation also has direct effect on your profit.

[Ranly123]

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

Is it really exhausting to check your balance every now and then? Of course, earning doesn't come easily so you should learn how to work on it. Being lazy does not bring you anywhere in this kind of business.

[SaRmY]

To be honest, I do not know more than one area today that would not take your time. Of course, you need to know that the neural system is not being restored. And if you are experiencing during the auction you should not be engaged in this.