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Author Topic: I stopped trading. 3 reasons why.  (Read 20641 times)
EXtremeAEX
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May 02, 2019, 05:30:18 PM
 #721

Almost any kind of earnings requires a lot of time and attention, especially if you are trying to master a new area. Stress is an integral companion of this process. But the task of a successful person is to create acceptable and maximally comfortable working conditions for himself. So all you need is to learn how to get rid of stress. You can choose different ways, for example, plan a deal in advance, or stop day trading. But if the refusal to trade crypto currency is the only way out that you see, then refuse. But running away from problems is not the best solution, you need to learn how to deal with them.


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raghovsing34
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May 02, 2019, 05:57:26 PM
 #722

Trading is a very hard job. You need to spend lot of times and money. Also need to work very hard and need to be patience. Otherwise it’s  very difficult to earn profits from trading. You should try with some best strategy.

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May 02, 2019, 06:02:23 PM
 #723

Trading exposes our nervous system to stress. You can drink soothing pills  Wink. But the most reliable means is to make money on bounty. I mean that you don’t need to invest your own money in trading, only those that have earned on bounty.

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syamster
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May 02, 2019, 06:30:09 PM
 #724

I agree with you, if you are an unexperienced/uneducated like me it is very stressful Cheesy
Nowadays, I'm intrested in pos/dpos based projects. They are less stressful for me.

Agree, people who don't have experience towards trading will always choose other options for making money instead of loosing in trading. POS is the best option in order to stake the coins for getting some % which company allocates to it. So instead of feeling stress towards trading, it is good to stay away from it.
It depends on you that how long you are doing trading, as we know it is red now a day price is not profitable, it is not good to keep checking your trading all the time because long term trading needs patience, the market is really unpredictable so wont blame you if you want to stop trading but according to me everything will be fine we only need to have patience and wait.

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trickyriky
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May 02, 2019, 07:44:40 PM
 #725

Blockchain games can bring only the smallest awards. You will spend too much time playing them but you will not earn a lot. However, it will be fun. Trading is stressful, but it is very good business.
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May 02, 2019, 07:46:14 PM
 #726

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
Seems you do a lot of manual trading... You use desktop computer for most of your trading? This makes mobility difficult and trading boring
You could simply use app like "Bitcoin Checker" to help notify you once price hit your set target to enable you enter and exit the market only once in a while.

Orhansarkaya19
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May 02, 2019, 07:50:05 PM
 #727

Trading is very difficult. It requires constant checking and being on the computer. If you don't have big money, once you lose, you can always lose in panic. So I'm a fan of waiting. Because if you're not able to analyze it, it's likely that you'll get hurt. Also makes a break from everyday life. So it's more fun to create a portfolio that I trust and watch. If you don't understand these things, don't trade.
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May 03, 2019, 03:32:36 AM
 #728

Trading will consume your time very much, indeed. But this is to gain max profit from your trading activities.
Because many peoples stressed and consumed too many times, then the trading bot is created.
Most exchanges have some bot trading there, to prevent too much time consume.

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May 03, 2019, 03:42:48 AM
 #729

Trading is very difficult. It requires constant checking and being on the computer. If you don't have big money, once you lose, you can always lose in panic. So I'm a fan of waiting. Because if you're not able to analyze it, it's likely that you'll get hurt. Also makes a break from everyday life. So it's more fun to create a portfolio that I trust and watch. If you don't understand these things, don't trade.
You need to be focus and consistently checking the market and the charts.
The risk is different from holding and you shouldn't be emotional.
Because once you started to be emotional this will cause you to panic and can make you lose a lot.


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May 03, 2019, 04:38:37 AM
 #730

Trading is very difficult. It requires constant checking and being on the computer. If you don't have big money, once you lose, you can always lose in panic. So I'm a fan of waiting. Because if you're not able to analyze it, it's likely that you'll get hurt. Also makes a break from everyday life. So it's more fun to create a portfolio that I trust and watch. If you don't understand these things, don't trade.

True when I first entered into trading I used to trade highly emotionally hence have suffered some big losses I was always chasing pumps for profit and now my tragedy is complete opposite lol

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May 03, 2019, 05:00:06 AM
 #731

Trading is very difficult. It requires constant checking and being on the computer. If you don't have big money, once you lose, you can always lose in panic. So I'm a fan of waiting. Because if you're not able to analyze it, it's likely that you'll get hurt. Also makes a break from everyday life. So it's more fun to create a portfolio that I trust and watch. If you don't understand these things, don't trade.

True when I first entered into trading I used to trade highly emotionally hence have suffered some big losses I was always chasing pumps for profit and now my tragedy is complete opposite lol
You will learn things along the road if you are very keen to succeed from this industry, there's a lots of traders who first think that this venue is an easy access to richness, but after working on it, they will find things different, without determinations and patience, they will leave and forget about the experienced, while people who will proceed and stay positively will find more ways to achieve what they wanted to have.
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May 03, 2019, 05:04:41 AM
 #732

it was certainly the right decision. the points you mentioned show it nicely. you have to deal with the topic properly to be successful. or you simply asked luck Smiley
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May 03, 2019, 05:45:50 AM
 #733

Trading will consume your time very much, indeed. But this is to gain max profit from your trading activities.
Because many peoples stressed and consumed too many times, then the trading bot is created.
Most exchanges have some bot trading there, to prevent too much time consume.
Yes, i have a friend that he's a full time trader and always infont of his laptop every damn minutes but it's worth because he told me he can a big profit in a day. Trading is not that easy and time consuming especially for big whales but it's worthy. Trader who are not mentally strong will leave.
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May 03, 2019, 06:03:27 AM
 #734

The amount of money you can get from playing crypto games is insignificant compared to what you can earn from trading.

However,  trading is not for everyone and involves a lot of knowledge and stress resistance.

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May 03, 2019, 06:07:05 AM
 #735

The amount of money you can get from playing crypto games is insignificant compared to what you can earn from trading.

However,  trading is not for everyone and involves a lot of knowledge and stress resistance.
it has differences cause its risk also different.trading contain high risk meanwhile crypto games has less risk involved.if we want to gain much money we could start trading , it will give us alot of money if we understand how to trade.

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May 03, 2019, 06:52:23 AM
 #736

Everyday, many would-be traders are trying to join one of the riskiest type of trading in the world but only few of them will remain and become a professional traders. Trading the most volatile currencies requires significant skills and proper knowledge to survive it. Emotion and fears and not allowed if you want to be successful trader in the future. Real traders never quits.

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May 03, 2019, 07:08:14 AM
 #737

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
At the same time as the market is extra flat than the maximum trend, it is able to without a doubt be stressful. The risk is huge and the earnings can't be great. certain, none of these situations can preserve.
Pnash234
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May 03, 2019, 07:25:42 AM
 #738

Everyone has his or her own reason but why would one just stop crypto ...someone who makes lot of money won’t stop crypto probably when one falls into the hand of fake ico one gets tired 😓... but one will never give up that’s why   “I like ProBit since I started investing in IEO. I bought Farm2Kitchen F2K tokens in the IEO. Btw, I have a code to get extra bonus tokens. Message me on Telegram @pnash234
rachman mahesa
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May 03, 2019, 07:47:20 AM
 #739

Everyday, many would-be traders are trying to join one of the riskiest type of trading in the world but only few of them will remain and become a professional traders. Trading the most volatile currencies requires significant skills and proper knowledge to survive it. Emotion and fears and not allowed if you want to be successful trader in the future. Real traders never quits.
One more thing a trader must do is patience. Patience is one of the important factors a trader must have. Because if a dump occurs on an altcoin, of course don't ever panic when it happens. I often experience that, when the price goes down I panic and sell it. So from that I never became a professional trader.
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May 03, 2019, 08:08:52 AM
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Everyday, many would-be traders are trying to join one of the riskiest type of trading in the world but only few of them will remain and become a professional traders. Trading the most volatile currencies requires significant skills and proper knowledge to survive it. Emotion and fears and not allowed if you want to be successful trader in the future. Real traders never quits.

I am agree, trading is very risky because the price very volatile and its high fluctuation market. This is need more knowledge to read market movement but if we gain experience from our trading, i am believe we can make daily profits

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