Temporarily stop crypto trading?

[maianh09]

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.

How much is your total loss? In the past few days the market has dumps but low levels of about 5-10%. I believe this is an acceptable risk. I wonder what did you do in the past day that made you stop all operations in Crypto?

[1714819503]

1714819503

[1714819503]

1714819503

[1714819503]

1714819503

[1714819503]

1714819503

[fosco333]

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.

That was unfortunately for you. I know it is because the market is red again in recent days.
Trading crypto coin is not easy as stocks, the market cannot be predicted easily.
I haven't lose my enthusiasm toward cryptocurrency because i believe crypto will bring profit.

[DeepChipolino]

I think that cryptocurrency is predictable for short-term trading.
As for losses. Yes, you need to stop and view your trades. I usually take screenshots with arrows, where the time and price of the trade are visible. This allows me to see mine mistakes, as well as rebuild my trading system.

[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.

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

I sell too slowly and the train has left. I will save experience as knowledge in trade, for now I choose to pause. But it does not stop at long-term investment. Investment and trade are very different right? Thanks.

[Jannyh]

I think you took the right decision to stop trading, all you need to do now is learn more, also attach yourself with people who you think are good, you could also learn one or two strategy from them. Also look at your trading pattern to see if you can detect what you have been doing wrongly, all these could help you be a better trader.

[anehh]

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.

I think the crypto trade is different from gambling. About luck, doesn't everyone have luck? It's just about the strategy of when to sell and when to buy in the right time. I agreed to evaluate the losses I experienced, but did not agree with gambling. Thank you!

[Leema]

I don't think holding a crypto assets without trading it's advisable. You can still make higher profits from trading. Though not as much profits expected cos of the market instability.

[Hanebel]

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 didn't stop trading, I only stopped visiting this site for a while. But looking at the market, why would you stop trading now that everything seems fine? The price rises and drops alternately which is a good profit points.

[elpiji]

during decline in prices since 2018 I have suffered a lot of losses and since then I decided not to trade I only planned to save the assets that I have in ethereum and bitcoin and will return when the market stabilizes

[panjay]

that was good, a "revenge trade" was not a good thing to do when you desperate to have a profit after a serial of losses.

If I on your position definitely i will take a break for a while and just take a vacation or something until I in the mood again.

[efxtrader]

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 every investor and trader have this experience but many of them give up and not coming back to trade. Trade is not easy in market because the price always move with high fluctuation and i think we better learn technical skill first before start trading

[cahbagus555]

that was good, a "revenge trade" was not a good thing to do when you desperate to have a profit after a serial of losses.

If I on your position definitely i will take a break for a while and just take a vacation or something until I in the mood again.

Indeed, when i got loss on my trade, i am prefer stop and lear more about technical analysis and evaluate my trading style. Revenge and want returning our losses as soon as possible is very dangerous because we trade with our emotion and not based on analysis

[Chomsy]

It gets to a point when I think back and feel it's time to take a break. This usually happens when all seems to be going sideways, nothing forthcoming. But like they say, quitting is never an option when it comes to making profits.

[arjuna BTC]

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.

yes, trading is risky and trading is simple word but need a high skills
and people should learn about how to be a good traders first before earn from their trading activity my friend
also don't be greedy and always cut your lost short, 

[Eadefemi]

Loss is one thing to expect in crypto. Its very evident. You don't have to beat yourself up for that and decide to quit. You get and determine to do much better and be more alert.

[Red-Apple]

capital doesn't return to the market, it is already in the market and not going out. you just have to try and see where it is instead of just looking at one place (like the top altcoins) and then expect them to be the only thing that gets pumped and then complain when you lose money.

the fact is that traders in altcoin market will never stay in one altcoin, only bag holders will. they move to different coins to pump them and take the profit out as fast as possible to eventually go back to bitcoin with a much bigger capital.

[dulinivanrus]

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 everyone feels that way, especially in the bear market. I think that we should not give up the market is slowly but surely recovering. Bitcoin halving is coming soon. I think that bitcoin will start to grow very much and will pull the whole market of altcoins.

[sakuragi21]

Always remember that loss is one thing to expect in cryptomarket and its very evident. You don't have to beat yourself up for that and decided to quit. As the market was so huge and has alot of project to trade with like the dencoin tokens which has a great factor of benefiting investors, if ever you are experiencing a lot of losses never hesitate and never feel bad about it. Cause in one loss, you can still have a lot of profit in return. Just try to look for a better project as I have said already about the dencoin tokens. This usually happens when all seems to be going sideways, nothing forthcoming. But like they say, quitting is never an option when it comes to making a profits. You just need to be patient and make more hardworks and you will see, all of it will be payed of in time.

[michellee]

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.

That was unfortunately for you. I know it is because the market is red again in recent days.
Trading crypto coin is not easy as stocks, the market cannot be predicted easily.
I haven't lose my enthusiasm toward cryptocurrency because i believe crypto will bring profit.

But I think crypto trading will be easier than stocks trading because we have so many opportunities to make a profit and it's not only one or two sources that will help us to make money. Besides that, we can only learn one indicator or analysis, and we can use it for our daily trade, and if we can master the skills, we don't have a problem to determine when the right time to trade.

[mr_random]

If you have a full-time job then taking a break from crypto trading will not affect so much to your trading activity in my opinion. Crypto traders should be emotionless due to the volatile conditions and taking a fresh start will be good for professional traders.