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Topic: I quit trading - page 101. (Read 242500 times)

hero member
Activity: 910
Merit: 525
August 28, 2016, 02:28:32 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, 01:58:59 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, 10:37:45 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.
hero member
Activity: 742
Merit: 500
Hire me for your campaign management.
August 27, 2016, 04:47:48 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.

yeah, these altcoins are better to invest in and if he is more active on exchanges then he should have to keep a deep eye on some altcoins especially on yobit there we sometimes see a coin increases in thousands of percents if he invest in there in time and make the profit from fluctuations then it will make him more rich
legendary
Activity: 2170
Merit: 1427
August 27, 2016, 01:18:02 PM
With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.

20% a conservative target in just a month? It's very difficult to get there if you only stick to BTC/USD trading in a calm market as we have right now. If you do altcoin trading, then it's different of course. There you can either win big, or fall down hard.
hero member
Activity: 658
Merit: 500
August 27, 2016, 08:11:59 AM
With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.
indeed 40 btc is huge amount to start trading but for those who have lack of knowledge it's very difficult to got profit even though they start it with huge capital and also in trading profit from each day will not same
Yep ,daily trading earning or losing depends but as you've said its a big/huge amount to start 40btc on trading especially on begginers ,big amount willbe good in terms of choosing a good altcoin but when this amount loose at all ,i am sure losing about 20btc will be a nightmare for him to stop and quit trading.
legendary
Activity: 1652
Merit: 1000
August 27, 2016, 06:12:59 AM
With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.
indeed 40 btc is huge amount to start trading but for those who have lack of knowledge it's very difficult to got profit even though they start it with huge capital and also in trading profit from each day will not same
hero member
Activity: 1204
Merit: 531
Metaverse 👾 Cyberweapons
August 27, 2016, 05:53:28 AM
I understand that you feel bad for losing so much money in trading and I also know that in the unpredictable cryptocurrency business one's faith is very important and that for having a bad experience with trading may have broken your faith. The thing that we need to understand is that all BTC based opportunity is an investment and all investment in this field is very risky so we always should pay high caution. I have very good hope for BTC's future but still I would never put more money into trading than what I did not regret too much to lose. However, when you lose, you could ask yourself why you lost and wonder whether you could do it better next time. In trading, it is very difficult to make a precise prediction, but it is possible to obtain the skills that make your chances better. So, to sum it up, I advise you to never put more money into trading than you would put into gambling, but in trading you could try to expand your knowledge and experience to have better chances next time. You can have better chance next time only if there is a next time so if you continue and try again. But it should be your decision, after all. I just hope I could help you a bit to reconsider your decision.
member
Activity: 70
Merit: 10
August 27, 2016, 05:19:26 AM
It is an option. I choose to trade because it is better option than cloud mining and scam sites,
and so far trading has been positive for me, not always, but in most cases.
hero member
Activity: 1638
Merit: 505
August 22, 2016, 09:28:04 AM
With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.
not necessarily, in trading we do not necessarily benefit. we might be wrong to predict. if we can set the time in buying and selling coins properly then we can benefit. but I am still not sure that we will constantly benefit 10-20% each month..
sr. member
Activity: 308
Merit: 250
Lisk will be #1 alt in 2019.
August 22, 2016, 08:51:58 AM
With those 40 BTC i think i could make around 10%-20% profit each month with conservative trading.
full member
Activity: 210
Merit: 100
August 22, 2016, 08:47:55 AM
you can run your own business like faucet etc . or you can save it on cold storage and BTC price goes up you can sell them, or you can convert it to fiat  invest it on good legit business investment sites which are trustworthy for a long time Smiley
hero member
Activity: 1232
Merit: 503
August 22, 2016, 08:01:53 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.
try forex trading i know you know what i mean
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
August 21, 2016, 12:41:04 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
member
Activity: 109
Merit: 10
August 21, 2016, 11:07:38 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.
hero member
Activity: 924
Merit: 506
August 20, 2016, 06:06:22 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.
sr. member
Activity: 315
Merit: 250
August 20, 2016, 06:02:42 PM
with the amount of capital you still have and 2 years of experience in trading, it's gonna be a piece of cake to earn back the 7 BTC you lost + make some profit. wonder why you still wondering what to do.
legendary
Activity: 1526
Merit: 1179
August 20, 2016, 03:42:29 PM
even if you lost some bitcoins you got knowledge that is very important in trading
No one wants to lose of course, but at least you can see what you did wrong and avoid making the same mistake again.

But there are people that no matter how much they lose, they never seem to learn as they keep losing money in the same dumb way.

It's really pathetic that it doesn't come to their mind that what they are doing is wrong.
legendary
Activity: 896
Merit: 1000
August 20, 2016, 10:55:09 AM
I guess I would not do it if I just lost a few times in trading. Well, if you play the trading and lose, then it is a risk that you have received, and it is a risk in business. If you have good skills in trading, you should not be out of trading, because of all the things you do will certainly be risks. I am pretty sure, people who are great at playing trading must have often suffered losses in trading.

Losing a certain amount of trades is fine since most people lose anyways.

But just be aware of your loss cap though - and if theres a contingency plan if you do lose all your trades.

You cant lose in trading if you have some knowledge of the coin you are trading and some knowledge of trading. Instead of making a one large order, it is better that you make small orders of buy and sell. In this way, the risk of losing will be minimal.

believe me, even the most successful traders lose money on certain trades. in many occasions they can cover the losses of certain trades with the profit they made before it, but some times it's not enough, which leads them to a loss.
member
Activity: 70
Merit: 10
August 20, 2016, 03:44:25 AM
Not an easy task indeed. To invest successfully, it is required to be attentive to the development of the projects in which you invest, besides being constantly updated on the news. You also need to be alert to possible market manipulation.
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