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Author Topic: should i continue trading ?  (Read 26060 times)
marcous
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January 12, 2019, 10:36:09 AM
 #101

But what I experienced during trading since 2016- 2017 is a good year for the cryptocurrency. maybe trading depends on each other's passion. if it feels unfavourable, would be better make money according to your passion. I am a day trader until now I am still trying even though it is difficult to get instant profit like 2017. at least I can make money to survive.

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January 12, 2019, 12:28:16 PM
 #102

Trading in the crypto market is not an easy thing to be able to make a profit quickly. I had lost a lot of money in 2018 but it was an experience for me. And i could do better trading in 2019. So you should continue trading crypto.
It would be more appropriate to busy with any job that you want. It can be trade or another specialty. Because if you are here for the money and you are bored with it, your losses will be more than your profits.
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January 12, 2019, 12:41:24 PM
 #103


Did you enjoy your time as a trader?
Did you miss a job during these 2 years?
Do you still have money for living and trading?

If your answers are Yes, No, Yes I would definitely give it one more chance.

I think one common difference between a losing trader and a winning trader is that a winning trader can accept a losing trade and also minimize mistakes. The winning trader takes rational actions while a losing trader takes emotional actions. Read more about how to avoid the most common trading mistakes here: https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/
yes same answers for those 3 questions

thanks for sharing link i read that it was helpful
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January 12, 2019, 01:14:28 PM
 #104

oh of course because nowadays many people are taking advantage of the current market conditions. The problem is now is the perfect time to buy high coins to be held in a long enough time so that they are released at the right time

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January 12, 2019, 01:34:33 PM
 #105

If you think that it's not for you and you don't gain knowledge or experience or you didn't even grow to that field maybe you should stop doing trading there's a lot of things you can do to earn not just in trading there are some ICO investments, Mining, Staking, Masternodes, etc. well find where you're comfortable or to the field you think you will grow.

Trading is really complicated it's like a slow motion gambling there's no assurance that you will win or lose but 1 thing is for sure... It's risky.


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rhomzkie26
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January 12, 2019, 03:15:18 PM
 #106

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 

You said that you became a day trader for 2 years. I have a question to you, in that 2 years of being a day trader what did you learn from your experience? I just can't even imagine that for the long period of time I saw and found out that you never learn and you never change your methods every time you do the actual trade in the platform. You always do the same thing were in the end you always loss coins.
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January 12, 2019, 03:47:03 PM
 #107

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 
If you still losing while doing your best,  it seems that you need to stop trading. If you think it cannot benefit you anymore,  it is better if you will find some job that helps you to earn income.

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January 12, 2019, 04:23:19 PM
 #108

People don’t realize that trading is not the only way you can make money from cryptocurrency. Everyone is not meant to be a trader, there are still lots of other ways you can earn with your cryptocurrency, apart from trading you can do investments (and I don’t mean Hodl, I mean other investments) there are lots of investments you can make. Then apart from that you can also decide to do cloud mining, though it might not be what you expected, but it’s still good. Don’t rely on trading alone, try to do other things as well.

I also do crypto trading and I do this in part of my free time, there is a routine work that I have to do and this is my source of steady income, and I do trading to look for additional income which will benefit me when I have to hold coins when there is a decline price, be patient and wait for the best price to get the profit target that I want
You’re doing it the right way. I see some people talk about relying on trading alone and I find it a bit funny lol. I don’t know why anyone would think of relying on trading alone, trading should be a part time job, while you have a main job that gets you steady income like every month.

Trading can’t get you a steady income, you can even lose your money in it, but when you have a main job or business, you will find something to rely on during these hard times.
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January 12, 2019, 05:24:49 PM
 #109

Today there are actually two understanding opinions about the market. on the other hand this is an opportunity but the support point can be broken later and the price can go down. but I'm sure many people have taken the decision to trade and hold altcoin

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January 12, 2019, 05:36:29 PM
 #110

Trading in the crypto market is not an easy thing to be able to make a profit quickly. I had lost a lot of money in 2018 but it was an experience for me. And i could do better trading in 2019. So you should continue trading crypto.

Trading is risky but if you can master it with the right strategy, experience and get the right coin you would definitely be making much money in your life than your normal work or business. Yes you would require patience at time and should be even ready to lose some money in worst scenarios.
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January 12, 2019, 08:05:21 PM
 #111

if I continue to trade, because my daily needs depend on my trading, if I don't trade I can't eat, indeed  looking for profits in the trading market is very difficult, the most important thing is to be patient
depending on only trading income is very difficult it will effect your emotions and psychology too much, good thing is you are making profits continue and make more profits good luck 
Don’t get emotional so nothing will happen you will only earn. If you have money and you know how to trade accurately then there is no reason to stop trading. It’s good time to buy because price is not very high but it’s growing. Better if you continued and for change this time start trading for long term as according to my experience it’s profit worthy.
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January 12, 2019, 10:04:37 PM
 #112

Thats a very long time that should get you used to the crypto space and am sure 2-years is ok to know most coins and analyse in few seconds and am sure alteast you should have make some profits by now dude Trading is basically skill and analysis and you should be used with atleast one

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January 12, 2019, 10:58:10 PM
 #113

Trading in the crypto market is not an easy thing to be able to make a profit quickly. I had lost a lot of money in 2018 but it was an experience for me. And i could do better trading in 2019. So you should continue trading crypto.
It would be more appropriate to busy with any job that you want. It can be trade or another specialty. Because if you are here for the money and you are bored with it, your losses will be more than your profits.
That’s why it’s good to think wise before you enter trading as trading is best for those who know the basics of it. You should continue because if you will continue your journey here I am sure one day you will become an expert trader and you will make New history or you will become a millionaires so never stop just keep going smoothly and wisely..
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January 13, 2019, 12:56:05 AM
 #114

You are trading crypto for 2 years and have not benefited, are you kidding me haha ​​lol ...,

listen to me hey buddy, trading requires strategy, good price predictions and concentration, sometimes I think 2 years of crypto trading is enough to get experience in analyzing asset price movements in the market, unless you just buy and survive
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January 13, 2019, 04:37:54 AM
 #115

in my opinion investment in crypto currencies in any way trade or still requires confidence and patience in his investment if you are sure of trading by trading
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January 13, 2019, 09:15:34 PM
 #116

i think you should continue even i was in same situtaions before what i thought was if i start any thing new we should start that from begining , you have 2years of valuable experince so its better to improve your weekness and continue your trading you will make profits soon good luck
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January 14, 2019, 06:26:14 AM
 #117

Trading is an amazing ways to earn a huge amount of profit but we need to be more patience specially this time of a very huge dip. We need to do a good strategy so that we n earn a huge amount of profit even in dip. For me I think we still need to continue trading even if the market is on dip b3cause we can still earn on it , but it is quit different from the bull market trading because in times of dip we can only earn a small amount of profit because all coin are only moving slowly.
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January 14, 2019, 06:47:09 AM
 #118

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 

First of all, we are in a downtrend and the most important lesson for all traders is "trend is your friend"

the most effective strategy during a bear market (as you know we are in a big one since January 2018) is to increase the amount of your coins. Try to earn money is not a good strategy if you are not an experienced trader. 

You are trying to trade against the trend. That is your fault.
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January 14, 2019, 08:07:41 AM
 #119

There's no issue if you are continue to trade, because if you are earning slowly for sure you will have no reason to stop just take the risk of the market and always buy low and sell high.
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January 15, 2019, 01:14:31 PM
 #120

hi i am day trading from 2years but not profitable at all ( i dont know what should i learn more so that i will be profitable )

some times i think to quit trading and go search some job, another way i think that after coming so far i should try for some more time

i know many traders in same situation are you thinking same as above . are you in this situation what have you decided to do ?

i want answers only from traders in this situation and experienced traders

i dont know if sentence formation is correct or not i think many of you can understand the situation    
 

First of all, we are in a downtrend and the most important lesson for all traders is "trend is your friend"

the most effective strategy during a bear market (as you know we are in a big one since January 2018) is to increase the amount of your coins. Try to earn money is not a good strategy if you are not an experienced trader. 

You are trying to trade against the trend. That is your fault.

Euh, in a bear market you short the market and make money!
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