Stop or continue trading

[blockman]

Crypto trading is looking dangerous in these days. New years is 2 says away from us and market is Volatile. Trader should wait for some days. They will get Opportunity to make profit once market get stable. Trading in these days are totally risk.

It's risky and only dangerous for someone that doesn't have knowledge that's looking for a 1000x gain quickly.
Honestly, on these days, these are the days that are good to buy and if someone doesn't like the market situation, it's better for him to stop and don't look at the opportunity. Because this opportunity could go against with what he's planning and much better if he just kept himself silent doing things that he like.

[ReiMomo]

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

I will advise you not to trade your coins now because many traders has lost a lot in this season of celebration that is causing many to ask their selves why losts in this period of profits making. Start trading from next year since many coins are preparing to increase in the exchange market, it will help many traders to recover all their losts in this month of December. Since you decided to give yourself a break, it will be better to start trading from next week because market will definitely change hand for traders to smile again in the market.

Starting a new will allow you to cope up with losses, try to focus and make a use of your time while taking your break.

Trading with unpredicted market sway only leads you to lose your money, it's a tough to compete with your emotion when
dealing with unsure market.

If you choose to move forward, just use spare money and not to invest any amount that you are not willing to let go..

Yes, I have learnt the same. When I am in loss, its advised to invest extra / spare amount if available to average or balance the loss. And yes this will certainly help to at least take off the invested money without loss but yes need to wait for days to average and close off the trades. Never give up on things you really like and love so. Learn from the mistakes made earlier and yes know how not to repeat the same error.

[savetheFORUM]

my advice is that you don't trade again, go hodl, the instant you lost all your capital when you come back you will be focused on trying to recover your capital and in this crypto market it is difficult to day trade, the most recommendable is to do hodl, so don't do day trade, do hodl, you won't lose your money, of course you will have to be patient, but in the end it will make up for you

Yeah, it's just like gambling. You trade more and you end up digging a bigger hole for yourself to cover up later and that never happens, at least not in gambling. Instead of keep trading, we must stop and start self-analyzing to find out where is the actual problem. If we are able to spot out the root-cause of losses then we should find a solution to fix it.

Success in trading might be possible only after a long process hence we should not hesitate to go analyzing everything to make ourselves more versatile in cryptocurrency trading.

[iv4n]

As you told me you have lost your capital, I suggest if you don't learn from your capital loss then you don't need to start again trading but if you learned a lot from your loss then you should try again and before starting again you should learn about technical analysis and don't invest in any altcoin new in the market.

I believe this should be the bottom line of this entire discussion! We all face mistakes and losses, but will we continue or quit depends on did we learn something, can we do it better, are we ready to risk and maybe lose once again? It sounds like a learning process, and it's common for all of us... we either learn from our mistakes and after fall we rise and try again, or we quit and look for something else! So OP should think about where he is and what is best for him... nobody can do that for him!

[Finestream]

As you told me you have lost your capital, I suggest if you don't learn from your capital loss then you don't need to start again trading but if you learned a lot from your loss then you should try again and before starting again you should learn about technical analysis and don't invest in any altcoin new in the market.

I believe this should be the bottom line of this entire discussion! We all face mistakes and losses, but will we continue or quit depends on did we learn something, can we do it better, are we ready to risk and maybe lose once again? It sounds like a learning process, and it's common for all of us... we either learn from our mistakes and after fall we rise and try again, or we quit and look for something else! So OP should think about where he is and what is best for him... nobody can do that for him!

Exactly. The final decision will only rely based on how you weigh things right. If you think you are now eager to learn more about trading so you need more trading experiences that will serve as your teacher. Quitting is not the best option since it will never regain all your losses. But stand up once again and prepare yourself for another batch of gains and losses as trading is that all about. But this time, make sure to learn from all your mistakes so you can start maximizing taking profits and lessen the chances of losing.

[Coin_trader]

my advice is that you don't trade again, go hodl, the instant you lost all your capital when you come back you will be focused on trying to recover your capital and in this crypto market it is difficult to day trade, the most recommendable is to do hodl, so don't do day trade, do hodl, you won't lose your money, of course you will have to be patient, but in the end it will make up for you

Yeah, it's just like gambling. You trade more and you end up digging a bigger hole for yourself to cover up later and that never happens, at least not in gambling. Instead of keep trading, we must stop and start self-analyzing to find out where is the actual problem. If we are able to spot out the root-cause of losses then we should find a solution to fix it.

Trading only turns into gambling is when a person don't do a risk management and only trade via instinct alone. Many user got rekt because of leverage trading and investing on PnD shitcoins which is a real gambling and not trading at all.

You will never loss 100% on trading unless you are doing it in a risky way. Typical behaviour of newbie is to chase the loss by entering on a very volatile asset to expect a high return in a short period of time.

[Sled]

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Don't give up if you believe that you can make it. Not everyone succeeds right away, some people failed at the very beginning of their journey but they work hard to develop their skills until they finally succeeded. Be inspired by other individuals who are successful in trading, because once you are successful, there's no more stopping your from earning unlimited amount in crypto.

Even though we have that spirit, this never saves us if we are naturally not destined to become a trader as in the end, no matter how hard we tried it we still lose. It is sometimes we have to accept that trading is not for everyone and we have nothing to force ourselves then.

Well, to have at least 5 times attempt I guess it was enough to know ourselves if we have the chance to succeed but if not, we'd rather have to stop and just move on as this means that this is not the right place for us.

[checkmatesir]

At the time when you even do not realize about trading and unable to do it and get capital then perhaps you think to leave this thing. Because it is a fact that if a person is not good in something then he try to leave that instead of work more hard. I think that you should enhance your expertise and struggle if once you become able to get profit you will never want to stop it all. I work hard and struggle more i can easily make profit so i cannot think about to stop trading.

[Questat]

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Don't give up if you believe that you can make it. Not everyone succeeds right away, some people failed at the very beginning of their journey but they work hard to develop their skills until they finally succeeded. Be inspired by other individuals who are successful in trading, because once you are successful, there's no more stopping your from earning unlimited amount in crypto.

Even though we have that spirit, this never saves us if we are naturally not destined to become a trader as in the end, no matter how hard we tried it we still lose. It is sometimes we have to accept that trading is not for everyone and we have nothing to force ourselves then.

Well, to have at least 5 times attempt I guess it was enough to know ourselves if we have the chance to succeed but if not, we'd rather have to stop and just move on as this means that this is not the right place for us.

It's nice if we stay realistic all the time, though we have the urge to trade we always have to put some limit as trading is not really for everyone. If we follow the principle of risk what you can afford to lose, then definitely we will not experience more losses or lose more than we can afford to before we make a decision to stop and look for other ventures.

[gamer4156]

A large portion of merchants lose cash so saying goes this way, don't involve generally capital for exchanging. It is most secure assuming that you utilize 10% of your capital for exchanging. I suppose you really want to have some time off first and develop your understanding this is on the grounds that it's bad assuming you make an exchange without fail however you didn't get a decent out come likewise to stay away from liquidation set an assume benefit and stop misfortune its ideal to utilize.

[Woodie]

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

The road to success is never an easy one so is trading! Losses might look like the end of it or you doing it wrong but thats where the real lesson comes from, just dont give up nobody starts off as a pro, practice makes perfect. And i would advise you adjust for risk management to reduce your trade exposure.

[BIN-BIN]

Crypto trading is looking dangerous in these days. New years is 2 says away from us and market is Volatile. Trader should wait for some days. They will get Opportunity to make profit once market get stable. Trading in these days are totally risk.

I quite agree with you that trading is a dangerous venture and having to be able to avoid the risk involved with trading and how time-consuming it is to trade cryptocurrency most especially when it has to do with a beginner who does not have much experience in a trade gone can easily get addicted and lose money to excessive trading.

[fullhdpixel]

If we follow the principle of risk what you can afford to lose, then definitely we will not experience more losses

Unfortunately most beginners of crypto trading are never aware of what is risk management. This is the reason after some frustration in crypto trading, they start thinking about quitting. In my opinion, if you are not ready to learn first then you should never think about getting into crypto trading.

Losses might look like the end of it or you doing it wrong but thats where the real lesson comes from, just dont give up nobody starts off as a pro, practice makes perfect.

Honestly losses are just part of day to day life of cryptocurrency trading and whenever people decide to stop at losses then they might be assumed to be not fitting for trading at first hand. Like you have mentioned we should learn from our own mistake so that we will not repeat them which must be the only practical way to avoid losses so that we will never think about quitting.

[boyptc]

As you told me you have lost your capital, I suggest if you don't learn from your capital loss then you don't need to start again trading but if you learned a lot from your loss then you should try again and before starting again you should learn about technical analysis and don't invest in any altcoin new in the market.

There are traders that don't learn at the start even having that experience of losing, there could be 2nd, 3rd or more attempts before they actually learn from those mistakes and losses.

It's okay to try again if the trader is pursuant and he's to eager to learn with his experiences. It's their money and they can do everything they want until they can stand alone.

[martina14]

The choice always depend on us dude, if you know that it gave you profit most of the time, the answer will always no reason to stop then if don't get any benefits from your trading that means you need to change your way or stop doing trade, just simple as that. No need long explanation for this matter actually.

[Shasha80]

The choice always depend on us dude, if you know that it gave you profit most of the time, the answer will always no reason to stop then if don't get any benefits from your trading that means you need to change your way or stop doing trade, just simple as that. No need long explanation for this matter actually.

It's true that only each of us can make the decision to stop or continue trading. Because everyone's situation and conditions are different,
so ask yourself whether you still want to continue trading or not. Actually, although we get more losses when trading, but as long as we still
believe that we can become successful traders, I think we can continue trading. But always correct any mistakes that have been made,
so that the next one can make a profit from trading. Likewise, when we feel that the profit we make from trading is quite a lot, it nothing wrong
to stop for a while. Therefore in the end we ourselves must dare to make a decision whether to continue trading or stop, Do not let us make
decisions because of being influenced by others, because only we ourselves know what is best for ourselves.

[OrangeII]

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

well, trading also makes people addicted because that's why emotions are an important thing that we need to control. however, it is very natural to lose in trading, especially when we move without any information, and rely on speculation alone.
Personally, I would probably stop trading and do some observation and research on why I keep losing money doing it. I have thoughts like repeating things without studying and identifying them will only give the same thing.

[LastKiss]

I have lost all my capital to trading but still yet I feel the urge to trade more, I spent a huge capital to trade some new coins recently and was actively involved in spot trading. But recently I lost all my capital and I decided to give a break but now am feeling I should return back to trading.

Only have a feeling to back go trading is not enough to make your losses become profits, you should learn another method for your analysis method or find someone who can guide you about trading cryptocurrencies. It will be the same if you're not change yourself to learn to improve your skills to analyse to do some research about the coins the trend and others. It's great that you already have some experiences of having losses but dont repeat the same mistakes is more great.

[VanityWallets2015]

As long as you can handle losses I think you should go if you really want, however I hope this time you learned your lesson and probably learned how to handle thing. You will only lose your capital if you trade with leverage which what I was thinking I think you should go away with leverage this time and spend your time in spot trading and practice good trades.

And after you have confidence with your strategy and understanding about trading then I think that's the only time you should start trading with leverage.

[blackened515]

The choice always depend on us dude, if you know that it gave you profit most of the time, the answer will always no reason to stop then if don't get any benefits from your trading that means you need to change your way or stop doing trade, just simple as that. No need long explanation for this matter actually.

Actually, trading is not for everyone. Some people are probably good when it comes to Investing in long term. So I will advice if the OP is not good in trading. Is either he start learning how to trade, or he stopped trading. However as you stated, it all depends on the OP. But, since the OP is losing constantly in trade, it will be nice if he changes strategy, and read more about a coin before trading it. Although, losing in normal in trading, and it shouldn't be a reason for quitting trading.