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Author Topic: Temporarily stop crypto trading?  (Read 1595 times)
dizzy1996
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June 11, 2019, 03:19:23 PM
 #101

Each trader had such a situation when he lost on the purchase of certain tokens, but this is not a reason to give up trading, but on the contrary, there should be an incentive to work out their losses, so as to learn from mistakes.

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June 11, 2019, 03:21:57 PM
 #102

Each trader had such a situation when he lost on the purchase of certain tokens, but this is not a reason to give up trading, but on the contrary, there should be an incentive to work out their losses, so as to learn from mistakes.
therefore it is important for us to choose the right assets in trading. most people are trapped in daily trading. because of the wrong choice of assets. daily trading has a risk of loss, and we must take it and switch to another asset that is better. keep learning don't give up.

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June 11, 2019, 03:23:05 PM
 #103

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.
Looks like you are a day trader to incur these kind of loss even when the market is riding higher, there is nothing wrong in having enthusiasm, usually over confidence could drag you in a loss, if you are dealing as a day trader then you have to change on how to make use of the market and look for the long term rather than looking for small profits in a short period.
kolonel_x
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June 11, 2019, 03:24:35 PM
 #104

well everyone will overcome it, not giving up on everything is the most important thing. stay, try and don't give up.
indeed the market conditions are now unstable but still be sure if someday you will get it back.believe that

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livingfree
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June 11, 2019, 03:35:44 PM
 #105

Have you ever lost continuously and lost enthusiasm? Thank U.
No.

If I lost, I'm planning well for my comeback and on how I should recover those losses. If there's no plan made during those times that when I'm in losses, I'm just going along with the cycle. Buying at dip, selling at profit and that's all. A cycle that never ends.

Don't get too emotional because if you do, you're dealt for more losses.

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Broiler78
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June 11, 2019, 03:45:50 PM
 #106

yes this is the right time to stop trading while looking at the chaotic market conditions. up and down so drastically and cannot be predicted at all. I better monitor market conditions and do bounties.

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June 11, 2019, 03:54:16 PM
 #107

just a bad day for you man. when the market is unstable, many people are actually making money. maybe you are not patient in making decisions. try to take a little profit, don't be too greedy because miss a seconds the price can change instantly.

I think it is worth stopping the trade only when the market gets very strong fluctuations, but this is not a big period and even it gives you the opportunity to make money. And in a stable period, you just have to catch the price jumps and earn money on small volumes, not much, but for that it is stable ...

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spike420211
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June 11, 2019, 04:49:07 PM
 #108

Look at things positively. You are not the only one who makes mistakes. There are people who have gone your way and now earn quite a lot of money. Think about how you are different from them? How do you become like them?
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June 11, 2019, 05:35:34 PM
 #109

I think if indeed you are experiencing a loss and you are unable to continue it then you really should stop for a while. You can pause to stop the loss you have suffered. If indeed you have to find capital to return to the market then you should now develop the right strategy to return to the market and trade in a healthy manner. You have to learn from the crypto currency market movements and then just develop the right strategy and risk management to anticipate the negative things that happen in the crypto currency market.
Wayan_Pedjeng
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June 11, 2019, 05:42:56 PM
 #110

Look at things positively. You are not the only one who makes mistakes. There are people who have gone your way and now earn quite a lot of money. Think about how you are different from them? How do you become like them?

The problem with trading is that everyone expects to profit out of it. But in order for you to get a positive return from trading, someone else has to lose his capital. So there is a 50/50 chance. You should always keep it in mind and be ready to bear the losses in case your trade goes wrong. Even experienced traders have only 55% or 60% success rate.
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June 11, 2019, 05:47:09 PM
 #111

I've also experienced things like you and that can't make me give up but growing my curiosity, when I experience a loss, I have to pause to look for the right moment and keep learning from previous experiences,

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OptimusPrime_3
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June 11, 2019, 05:48:25 PM
 #112

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.
first of all,I am sorry for your loss and I know that feeling. I have experienced it before and many times, I. Just want to quit but just can't and all I have to do is look for funds and get back to trading again. Don't loose hope everything will be fine before you know it

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June 11, 2019, 05:51:05 PM
 #113

I've also experienced things like you and that can't make me give up but growing my curiosity, when I experience a loss, I have to pause to look for the right moment and keep learning from previous experiences,
you choose the right choice, never rush and panic when you lose money. pause, and start thinking mistakes and learn from mistakes will give us experience. it will make the next trade we can receive profits or return the initial capital.
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June 11, 2019, 05:51:31 PM
 #114

well everyone will overcome it, not giving up on everything is the most important thing. stay, try and don't give up.
indeed the market conditions are now unstable but still be sure if someday you will get it back.believe that
To realizing someone in order to he must have a patient when facing unstable market in cryptocurrency it's useless. Because the market cryptocurrencies are not stable, it's different with the other market such as forex or stock. You have to get used to dealing with markets like this every day and even more volatile than the market now. Agree to someone who says volatile markets are the most beautiful market for a trader, you only need a few minutes to make a profit.
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June 11, 2019, 06:15:31 PM
 #115

I've made more money trading crypto than I have lost, so net net it has been very positive. A few times I have hit a huge loss, but that is kind of rare. In the long run you will most likely make money trading crypto.
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June 11, 2019, 06:16:07 PM
 #116

I think you have chosen a bold step. I see no reason why you continue trading despite the fact that you have seriously lost some certain percentage of your coin. This decision actually differentiate you from a Gambler. A Gambler will continue irrespective of losing until he actually lose everything. I believe most traders have actually faced this at one point or the other. It has happened to me also and most time I pulse and wait until the market for the coin i am holding actually recovered. Most time it takes twice the time i have used to doubled the coin i am holding.
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June 11, 2019, 06:20:09 PM
 #117

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.
So how is this not trading going to help you recover your losses? You made a loss, that's not a big deal. People make losses when trading. You can't be making a profit forever. Instead of stopping trading for a while, why not just lower your capital and try covering your loss by making small, less risky trades? This way, you won't be wasting any time but will also be making profit.

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June 11, 2019, 06:58:05 PM
 #118

It is better not to even start trading if you are not ready for the fact that you may lose some of your cryptocurrency investments. Trading in this respect is comparable to the casino, where they go, realizing the possibility of losing their money. Sometimes you need to stop and think. You need to be morally ready for this, otherwise, it will be very difficult to work.
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June 11, 2019, 07:12:59 PM
 #119

I also suffered some loss in trading until i found Binance exchange . It was the exchange who redeem little of my loss . There are competitive trading on the Platform . Am not advertising the exchange but just sharing my experience .There are some better coins for trading on the exchange  which could fetch some profit. One only need to do their personal research before picking any coins or token for trading . I think that platform is still ok for a day trader willing to make profit.
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June 11, 2019, 07:19:37 PM
 #120

I am not alone, who suffered heavy losses in trade, but you are one of them. Yes, but I remember this is a risk in this field, so the initial failure does not mean we are afraid to go forward / stop trading. but stop for a moment then learn from the first mistake. and I will do it again until I find my own strategy to benefit from this trade.

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