I stopped trading. 3 reasons why.

[ZloiRediska]

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

Trading in a falling market is very difficult. I know a lot of people who quit trading. Now it is very difficult to earn money. Perhaps only the super professionals, but lubiteley almost unreal.

[anatolij.shishkin]

Yes, in general, this is a difficult area. Too much to know, too much control. Permanent stress. And profit does not always bring us pleasure.  It is worth many times to think about what it would do.

[Mila52]

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!

This is due to physiological processes in the body. I think that the excitement that you were feeling while waiting for a result caused you to  an adrenaline rush, and as a result, a stress, apathy and fatigue followed - this is the main reason.But already your organism is can't without an adrenaline and  you started playing games
A trader must be self-restraining, calm and able to the analysis of the situationand.And main one must has a very strong nerves.

[Babyrica0226]

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

As a matured trader, your not supposed to be a quitter in this field of crypto industry.
Due to anyone who want to become successful in crypto currencies must be a winner were they're motto
was Winner never quit while quitter never wins.

[Snaic]

Many people are attracted to the excitement and stress in cryptocurrency. Also, different people have a different amount of free time and they do cryptocurrency for their own pleasure. If the cryptocurrency is exhausting, then it is better to leave it for some time and do something else. I think that in time you will return to cryptocurrency yourself and will treat it differently, not so emotional anymore. To successfully engage in cryptocurrency, you need to exercise calm and sober calculation.

[IcoRaces]

Well i know what you feel OP, it's too much stress especially if you hold a big amount of coins for trading and also you need to up to date about crypto news or news for the token that you hold everyday. Daily trader usually takes more time and need always check the chart market every minutes. Full time trader always don't have time about something else imo, i mean they need to focus.

[JCviggen]

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

Trading in a falling market is very difficult. I know a lot of people who quit trading. Now it is very difficult to earn money. Perhaps only the super professionals, but lubiteley almost unreal.

if we have no skill don't ever join in trading.we could loss our money easily in this market if not prepared well with any skill.most of beginner feel this, they loss their money and blamed this market.

You can trade, but you should not use margin trading. Many experienced people lose their money precisely on Bitmex

[jerry0]

Do most ppl agree or disagree with this?

[TheICE007]

Trading pays, but then you can get yourself burnt if you are not familiar with the dynamics of trading, so to be on a safer note, look for a good coin to Hold for a long time, then you take profit when you see some percentage  Increase

[wesk1212]

Trading is a very cool topic.  But as for me I need experience in this and of course extra money that is not a pity to lose.  You also need to have iron nerves and of course the desire to do it.

[trade2winnn]

Now the main reason is that in trading you can only lose your savings, rather than raise,because now is the time that it is very difficult to trade when the market is in such a phase,not there not here,that's gone many traders from the cryptocurrency market so

[Huntler1993]

You  want to earn dollars without struggling, it about time we realize and accept that we have to work hard for every single penny we get on the digital space. Hard work pays so try as much as possible to quit the things that prevent you from earning. Life with money is sweet, just ask the poor.

[melomanskiy]

My trading does not take a lot of time, perhaps from the fact that I do not conduct active trading. I can buy an asset and sell it in a week. And it is not necessary for me to go in and watch the situation on the market every 15-20 minutes.

[Moore234]

I don't take a lot of times in trading. Specifically I'm not a full time trader. I get to do some few trading with eth, i buy low sell high.. but eventually i got stucked. Trading is about dedicating time and being an expert in it.

[Zythiphill]

I don't take a lot of times in trading. Specifically I'm not a full time trader. I get to do some few trading with eth, i buy low sell high.. but eventually i got stucked. Trading is about dedicating time and being an expert in it.

I also often practice this , I buy when the rate falls very much , and then try to wait for a rebound and sell, during this time comes about 5-10%

[JuanPaulo]

I also stopped doing trading. I made for the reason that I was constantly haunted by failures and the price of my coins was constantly falling in price. I got sick of it and decided to stop trading. I would rather invest in Bitcoin.

[seemedb]

Exactly, as well even tension is of line right whether with trading you move ahead to a subtraction of the actual, the condition always vaporize. You get to sit at a pc each period and follow cryptocurrency way to gain anything. Whether thither is a bot, it explicates trading, on the other hand occasionally you get to position form yourself.

[Freescan]

I don't take a lot of times in trading. Specifically I'm not a full time trader. I get to do some few trading with eth, i buy low sell high.. but eventually i got stucked. Trading is about dedicating time and being an expert in it.

and not only that trade must also require detailed patience when the prices of coins that we trade are still low or high. in trading I think we really have to be asked to monitor prices so we don't miss the moment to throw away, don't we?

[kiemnhieutien]

When you just get start trading you will feel stress because you don't understand the market. Never give up! Try to learn more and practice with charts everyday, after hard time working, you will feel batter with trading.

[slaman29]

I don't take a lot of times in trading. Specifically I'm not a full time trader. I get to do some few trading with eth, i buy low sell high.. but eventually i got stucked. Trading is about dedicating time and being an expert in it.

Um, duh you buy low and sell high. The only thing I miss about forex was the ability to sell high without buying low first, as in to sell and promise to return it hoping that the price gets lower. I know some exchanges offer this but the problem with most exchanges I use is you can't short coins. And therein is why most traders lose, because they can't take advantage of bursts like yesterday to short alts. I'd do it all the time until I know a bullrun is in place.