Temporarily stop crypto trading?

[anehh]

I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.

[VDraci]

Sigh! I still can't find the trick to trading myself ,every time I trade I always end up losing my coins ,I've stop trading for a while as well

[cytpoway121]

I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.

Yes and perhaps I assume you were a little eager to get in the trade and missed the support levels
But still, gather the experiences, note them down and learn

Was the loss because you got in too early ? Or was it because you didn’t sell sooner ?
Figure it out and be better

[Lan75]

I compared trading to gambling, there are just some bad days where we lost in a streak and that is just normal in this world. That's a good thing that you stop for a while and review what is going wrong and plan a strategy on your comeback.

[kingpin4321]

Is this post suppose to be in the section of the board? Well losses are part of cryptocurrency and also part of investment in general. You can only curtail your losses by being more observant and tactical in your investment plans and objectives

[Twinkledoe]

I compared trading to gambling, there are just some bad days where we lost in a streak and that is just normal in this world. That's a good thing that you stop for a while and review what is going wrong and plan a strategy on your comeback.

And laid out the reasons why you failed in those days. Review your actions and assess which of those actions might influenced the most of your failure. At least, next time you know what you need to watch out for. Evaluating the situation would greatly help on your next battle. Don't lose hope. It is not the end of the game yet.

[Irviyandi]

Actually you will never lose if you do not sell coins that you bought before at a cheap price, if you wait and save the coin to a more expensive price then you never lose but you are too rushed to make decisions so you lose,  better before doing trade first understand how to trade well

[fallensky7]

You did the right thing to stop trading. Sometimes you need to rest from the market and just relax if interest is lost most likely it is fatigue and in such cases you can lose even more as the person tries to compensate for the loss and starts to rush, which leads to even bigger mistakes.

[glennmatthew]

You did the right thing to stop trading. Sometimes you need to rest from the market and just relax if interest is lost most likely it is fatigue and in such cases you can lose even more as the person tries to compensate for the loss and starts to rush, which leads to even bigger mistakes.

That is correct, the worst thing you can do now is get straight back into trading. You will just make more mistakes under pressure. Trading is not for everyone, you need an oasis of calmness and patience 

You can stay involved in the crypto-scene by investing small amounts (say 100USD or whatever you can afford) per month, into promising altcoins. There are numerous benefits to this strategy, namely while researching your 'coin of the month' you can keep your knowledge up-to-date by researching the coins that are out there, and you will be ahead of the game when the bull market starts $$$ 

[pinkpanther03]

Yeah better to stop for a while until your emotions are gone, or ready to move on. I understand your situations, I've there too. Now, when the mind is all cleared up, learn from eperiences. Successful traders had losses too, but never give up.

[chocopapaya]

How could you lose recently? The market has been great the past two months.  I'm honestly very curious.

If you are someone who jumped in early 2018, then I can understand the losses.
But if you jumped into crypto anytime in the past 7 months you should be making a lot of profit.
Perhaps you have been doing risky investments?

At this point, I would say that risky is not the way to go.
Altough the market has been doing good, it's not to the point where icos/ieos/low market alts are worth taking the risk.
If you stick with just three major coins, you should be good, like btc, bnb, and eth.

Buy low sell high, stick to fixed percentages and you will be good.

[10BTCaDay]

during 2018 I suffered very heavy losses but I did not lose my enthusiasm because I understand what a cryptocurrency market is.

[Xalata]

I'm sorry for your loss. It is one of those ups and downs in life, it is good you sit back and restrategize before moving in to trading once again. It involves a lot of skills so that you will not make losses once again.

[rdluffy]

It's very stressfull for me to trading, I prefer to buy and hold until I'm comfortable to sell
It's to much stress, anxiety, time-consuming

[jhongzjhong]

I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.

Stop or relaxing is a better way for you to go. Anyway, that is not gambling that you are continuously losing, you can stop in trading and I think a huge loss there if the market is down, of course, the value of your coins will drop also. You can stop and hold your coins on the exchange which is much more easier. Temporarily stop is not regrettable especially when market price down too much and you can come back when the bullish market will come.

[dataispower]

When I started trading, I lost a couple of times until I discovered the trading pattern that works best for me. I'm good with my TA and also trade with FA, but I'm not usually greedy sitting my trades, I cash out when I see reasonable gains depending on the market depth. Market depth should guide you a lot, that's if you can study it to understand market emotions.

[thunderbitz2717]

Correct decision to stop trading, but do not stop totally. The market is still on the bullish period. Few days ago, there was a slight bearish trend that probably one of the causes of your losses. Better to regain your mentality to catch up.

[kalstarzz]

I think it's wrong, if we have to stop trading when we suffer losses. I personally when I experience such things I study the trade history that I did before, so that I can determine the next step. so the point is we need to learn more about the current and previous market conditions.

[zero714309]

Im never have that experience but i ever lost hope and dont want to check market. Those who lost big amount i think will traumatic but only the stronger will suffer. Dont give up. Temporarily stopped trading also good strategy,we need calm down our mind and find the wrong.

[Beyerd17]

I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.

Crypto prices usually tend to swing a lot. A good piece of advise would be to buy low and sell high, then again when do you know when the price is actually "high" and "low". How much did you lose?