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Author Topic: Temporarily stop crypto trading?  (Read 1595 times)
baeva2
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June 07, 2019, 11:04:17 PM
 #21

I am on the way to stop participating in the bounty, since over the past year I have received little benefit from cryptocurrency. The new year has begun and the situation has not changed.
rodel caling
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June 07, 2019, 11:09:39 PM
 #22

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.


Great decision if you are suffering loses need to take break to analyst your mistakes cause of lose of money, we should this week day bitcoin are quickly drops their price and of course the ither coins are affected of this minimal dumping of bitcoin.
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June 07, 2019, 11:51:18 PM
 #23

Don't be greedy to take profit, that makes you experience losses continuously, when I am greedy I also like that to suffer a big loss, but I have understood now, a little profit every day to make consistent profits every day

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June 08, 2019, 12:19:47 AM
 #24

Im not a pro trader but I just always go for the known coins like doge, eth, btc and other popular coins,Its like this when btc will be in hype doge will go down and that is the time when you will buy doge and after btc go down doge will go up now thats the time to sell your doge
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June 08, 2019, 02:47:30 AM
 #25

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.
I think it is okay to pause and relearn the things we need before we do trading. Trading is not just exchanging coins or tokens but we should know the right strategy. We need also to be updated on different news about the token or coins because it will significantly affect the price of the token or coins.
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June 08, 2019, 02:58:41 AM
 #26

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.
I think it is okay to pause and relearn the things we need before we do trading. Trading is not just exchanging coins or tokens but we should know the right strategy. We need also to be updated on different news about the token or coins because it will significantly affect the price of the token or coins.
When trade fail we need to be calm to handle those errors in the most effective way. Earning profit doesn't need to be quick, but you need to have a new creation to be able to earn long-term profit. In my opinion, supplementing knowledge is essential during this time and if you can learn new things then you will definitely become a good trader so instead of earning profits then you should prepare yourself the best

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June 08, 2019, 03:28:46 AM
 #27

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
+1, I'm also prefer buy and hold rather than trading, I've try it before, but everytime I buy then price drop, when I sold it then price up, I'm lose too much money in trading, it's too hard for me to analysis the market.
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June 08, 2019, 03:46:21 AM
 #28

yes, the market is currently not in good condition for trading. it has been very volatile these past few days and I have experienced continuous losses and I have been forced to stop trading until now.

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June 08, 2019, 03:50:58 AM
 #29

Good move, when you already not feeling comfortable with the results of your trades, taking some rest will helps you out to find the rhythm back, you don't need to push everything and rush it out,take some time and try to learn from those mistakes that brought loses to your trades.

Traders break is needed to avoid being completely burned out, relax and fine time for your self to unwind.
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June 08, 2019, 03:57:38 AM
 #30

yes I personally have experienced something similar to what you feel right now, losing a lot of money in trading makes me frustrated but I don't stop doing it later. behind the failure there will be the best way for the future.
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June 08, 2019, 03:58:32 AM
 #31

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.

During my early days of crypto, I lost a lot of money in crypto but, those losses thought me few valuable lessons like always DYOR and never ever trade emotionally not doing those two things could get you REKT easily.

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June 08, 2019, 04:03:21 AM
 #32

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.
Many of the newbies in trading including me have suffered what you have experienced at this moment.

When I experienced this situation, I stopped trading too and find a way to recover my losses and when I recovered my losses I didn't trade anymore until one time that I felt that I want to trade Cheesy. At this moment, I'm still trading but not that active already.

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June 08, 2019, 04:27:48 AM
 #33

There is not necessarily good or bad times to join or invest in cryptocurrency. There is only relatively good or bad time for this. It is up to you to decide whether you want to cease joining cryptocurrency for a while. But in my view, you can look to alternative to recover your losses. Like engage in day to day trading or join bounty campaigns.

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June 08, 2019, 04:45:22 AM
 #34

Once, at that time I also did the same thing as you did, stopped trading and collected while designing good trading strategies so as not to suffer the same losses
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June 08, 2019, 04:48:00 AM
 #35

cyrpto trade is currently still profitable for me, but if I am in your current position it is better to pause and think about raising money or occasionally trading for a small fee. yes this is the risk of trading, but I still like this because it's more profitable

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June 08, 2019, 04:55:50 AM
 #36

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.

I have lost money on a number of smaller altcoins. But these losses never made me to quit the crypto sector. Losses and profits are part of any investment plan. I have faced losses from investing in other sectors as well (such as equities and mutual funds). The problem is that we think too much about the past losses and ignore the trades which gave us good profit.
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June 08, 2019, 04:59:18 AM
 #37

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.

It's no problem if you want to stop trading for a while and maybe that is a good decision for you, especially if you think that you are suffered from the losses in recent days. Sometimes, I stop trading too if I feel that the market is running somewhere and I cannot predicting the trend. But I never lost enthusiasm for trading, and I continue trading in the other days because trading is my way to make money. I hope that you can start trading again in the next day after you feel you are ready to trade.

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June 08, 2019, 05:01:04 AM
 #38

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.

I have lost money on a number of smaller altcoins. But these losses never made me to quit the crypto sector. Losses and profits are part of any investment plan. I have faced losses from investing in other sectors as well (such as equities and mutual funds). The problem is that we think too much about the past losses and ignore the trades which gave us good profit.

I agree with your opinion, but I do not agree with this that not all traders can forget the losses in the past because that is a difficult thing even if you have experienced a large loss. but whatever it is in the form of investment or trade we must always remember the consequences too.

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June 08, 2019, 05:09:28 AM
 #39

The risk of trading is huge, especially the bitcoin price is not stable yet before the market, but you can still earn with the strategy of buying long-term and potential altogether tokens or altcoins.

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June 08, 2019, 05:12:09 AM
 #40

One important but often overlooked part of trading is patience. Many coins are cyclic in price vs BTC, so sometimes if a trade starts going the wrong way all you have to do is wait until the trend reverses. It doesn't always happen, and it requires some courage, but it is a strategy worth considering.
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