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Topic: I quit trading - page 100. (Read 242600 times)

hero member
Activity: 742
Merit: 500
September 06, 2016, 07:28:27 AM
There is always a risk involved with trading as known by everyone almost, so before trading you have to get enough knowledge and learning a lot about it.
hero member
Activity: 588
Merit: 500
September 06, 2016, 07:06:24 AM
   You quit a year ago, and I didn't start at all. You lost 7 bitcoins roughly ( 7 bitcoins now and then is not the same), what did you learn? Tell us, better you to tell us then we to lose money also. At least some good advices for people who don't have any experience in trading. I never traded with anything, if you don't count buying gasoline in other country then selling in mine, 20 years ago in time of wars. We traded with cigars and some food.
   I know basics, buy something for lower price and sell it for higher, but how people know where is lower and where is higher? Is there a difference in price of bitcoins and altcoins around the world?
   I'm reading how people say trading is good for investing, but nobody explained how? Even you say you learned something, but you didn't said what.
sr. member
Activity: 476
Merit: 250
September 06, 2016, 03:54:46 AM
You did lose money but in the end that's not always bad I'm sure you have learned alot from the trading world.
I also lost some money trading but I gained so so much knowledge which I never would have got without this. Good for you and goodluck with your further plans to invest bitcoin. Just know in every bad thing there's also a good lesson.
legendary
Activity: 1232
Merit: 1000
September 06, 2016, 02:52:37 AM
quitting trading is not the best option you have because i know for sure you will regret it because trading wwill bring you the nicest profit you will ever get only investings can make more with more money.

you are right, quit trading is not a good way. moreover, trading altcoin currently more profitable. many new coins with a good project, I also think the future of trading is very good. even better than all existing investments. the loss in trading is common, but I do not think it should quit .
sr. member
Activity: 364
Merit: 250
September 06, 2016, 02:29:17 AM
quitting trading is not the best option you have because i know for sure you will regret it because trading wwill bring you the nicest profit you will ever get only investings can make more with more money.
sr. member
Activity: 256
Merit: 250
September 06, 2016, 02:29:15 AM
Why quitting trading you can make allot of money with tradings for sure but i dont know what you else want to do without trading how do you think to make money in an other way with bitcoins
legendary
Activity: 3094
Merit: 1127
September 06, 2016, 12:06:43 AM
Quitting it now will not be that bad and this because the value of Bitcoin is now rising to a considerable level, so you can keep the focus on the right moment, to then sell it so that is perfect. But the bad news is that you never know what the price will realy be of the Bitcoin in the future and that is considerably risky.
Yes, quitting is not an option because you have to wait for the best time. In trading lot of attention is required towards the price movement but this also result to be a good amount of profit. Sometimes you will get loss but it is a part of trading because anytime you can earn big profit also.
If you do always suffer from lossing trades  then dont stop there and quit because those  mistakes are just stepping stones and   learnings for you  in trading since  we cant  really perfect trading  in the first place. Trading bitcoin would  still be  profitable as  we all see that bitcoin price now is slowly rising up.
legendary
Activity: 938
Merit: 1002
September 05, 2016, 03:06:04 PM
Quitting it now will not be that bad and this because the value of Bitcoin is now rising to a considerable level, so you can keep the focus on the right moment, to then sell it so that is perfect. But the bad news is that you never know what the price will realy be of the Bitcoin in the future and that is considerably risky.
Yes, quitting is not an option because you have to wait for the best time. In trading lot of attention is required towards the price movement but this also result to be a good amount of profit. Sometimes you will get loss but it is a part of trading because anytime you can earn big profit also.
copper member
Activity: 34
Merit: 0
September 05, 2016, 11:49:38 AM
I think you should do bitcoin/fiat trading then, as you should earn money easily
sr. member
Activity: 364
Merit: 250
September 05, 2016, 09:58:46 AM
Why are so many people quitting with trading trading is the only thing where you can make daily money with and you dont need to make allot each time you trade but than you have to trade more times to make it more.
member
Activity: 70
Merit: 10
September 05, 2016, 07:55:48 AM
Quitting it now will not be that bad and this because the value of Bitcoin is now rising to a considerable level, so you can keep the focus on the right moment, to then sell it so that is perfect. But the bad news is that you never know what the price will realy be of the Bitcoin in the future and that is considerably risky.
hero member
Activity: 644
Merit: 500
September 03, 2016, 04:50:18 PM
There is only way to improving yourself by the trading, so learn how to trad safely and make a decent profit. you must have good knowledge or you'll lose the rest of your money within the next couple of years
you are right with knowledge trade is like going to gamble blindly, those who do not know about trade and invest in there for trade will definitely lose all of their money which they have invested there. They should have to learn more before starting trade and have to improve their skills more with smallest amount trials.
legendary
Activity: 1330
Merit: 1019
September 03, 2016, 01:32:26 PM
Spend your money to buy some gold. Keep it and sell it. If you trading you must win some profit. And gold never give a lose for trader.
You are much better off buying bitcoin or gold and saving it for later to sell for a profit. Trading bitcoins or altcoins is really just a gambling most of the time when comparing to the safety and profits from long term saving. More over they are very time consuming and stressful.
newbie
Activity: 27
Merit: 0
August 31, 2016, 03:24:59 AM
There is only way to improving yourself by the trading, so learn how to trad safely and make a decent profit. you must have good knowledge or you'll lose the rest of your money within the next couple of years
sr. member
Activity: 364
Merit: 250
August 31, 2016, 02:41:14 AM
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)

I have calculated all my trades on the various platforms i have used in the last couple years.

Deposited: 47BTC (roughly)

Withdrew: 40BTC (roughly)

Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Now the question is: what the fuck do i do now with my money.

Put it in a cold storage and forget about it for some time!

Do not invest, since there is no real and fair opportunity to invest. There are all scams and ponzis. Don't gamble.

Reward yourself and buy yourself something nice since you have a nice stash here and put the rest in the cold storage! Smiley
Why should you quit with the bitcoins trading i dont see the problem of trading with trading you can make allot of profit for sure! The only thing you have to do is to trade them for a little bit more than you payed for it and you will have profit do that 10 times your profit is 10 times bigger.
member
Activity: 118
Merit: 10
August 30, 2016, 10:56:18 AM
Well i think you could use that money to invest into somewhere but that is not that profitable as trading
sr. member
Activity: 350
Merit: 250
August 30, 2016, 10:36:06 AM
Invest! it depends on where you live on what to invest in but look up some good tutorials and information, theres alot of help on reddit aswell regarding this topic, best of luck to you!
hero member
Activity: 910
Merit: 525
August 28, 2016, 01:28:32 AM
Spend your money to buy some gold. Keep it and sell it. If you trading you must win some profit. And gold never give a lose for trader.
sr. member
Activity: 364
Merit: 250
August 28, 2016, 12:58:59 AM
It never gets old the trading I mean, of course it's not for weak hands and those always in rush for quick buck, it is supposed to be hard and gets you to lose hope.
That is the way trading works.

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.

Altcoin trading is very profitable these days but i do not trade  Monero, Dash or Ethereum as they are old coins. I invest in newly created Coins like PAPAFR, YOCOIN and get lots of profits by buying low and selling high when they reach exchanges
Those new coins is not always profitable and the best part is when you bought Monero at 0.0027 and sold it at 0.007 BTC like me a few days ago I've sold all my XMR, my profit is worth my time waiting for it. Maybe I just lucky but really I have a feel that XMR will go up and bam the price increased to the moon, I might lose too.
hero member
Activity: 966
Merit: 506
August 27, 2016, 09:37:45 PM
It never gets old the trading I mean, of course it's not for weak hands and those always in rush for quick buck, it is supposed to be hard and gets you to lose hope.
That is the way trading works.

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.

Altcoin trading is very profitable these days but i do not trade  Monero, Dash or Ethereum as they are old coins. I invest in newly created Coins like PAPAFR, YOCOIN and get lots of profits by buying low and selling high when they reach exchanges

Altcoin trading is good but losing money is part of trading, you lose to much the problem with you not in the coin. So whatever you trade you need to be careful and invest in right coins. PaPaFr was a scam coin and many people lost money.
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