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Topic: I quit trading - page 102. (Read 242526 times)

hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
August 20, 2016, 02:12:07 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.
newbie
Activity: 25
Merit: 0
August 19, 2016, 08:49:17 AM
So you paid 7 BTC to learn trading in 2 years. Not bad, in fact instead of stopping I would advise you to share your experience. I can understand you don’t have much time but you can always build awareness in order to determine trade strategies. Newbies (including me) will surely get benefit from it and your knowledge will remain updated with regular interaction and follow up of crypto trading. I request you to share your experience.

It is a rather cheap trading expenses. I lost almost 60btc on trading. My principal was 40 btc. All lost
hero member
Activity: 756
Merit: 500
August 19, 2016, 08:47:35 AM
even if you lost some bitcoins you got knowledge that is very important in trading

Indeed it looks incorrect. However it is fact like that, because when we get the defeat or loss of bitcoin in trading then our hearts will move and also our spirit begins to burn in order to return the money that has been by way of seeking knowledge about trading and asked a question of trading. This is very appropriate and will positively impact
hero member
Activity: 1190
Merit: 534
August 19, 2016, 08:43:21 AM
So you paid 7 BTC to learn trading in 2 years. Not bad, in fact instead of stopping I would advise you to share your experience. I can understand you don’t have much time but you can always build awareness in order to determine trade strategies. Newbies (including me) will surely get benefit from it and your knowledge will remain updated with regular interaction and follow up of crypto trading. I request you to share your experience.
member
Activity: 88
Merit: 10
August 19, 2016, 12:36:19 AM
even if you lost some bitcoins you got knowledge that is very important in trading
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
August 07, 2016, 09:44:27 AM
Well there are different types of trading that can suit you properly. As day trading is one of the many ways you can trade and it actually takes the most time. What I suggest is doing a Swing Trade the one that holds their crypto for more than a week or so. They always base it fundametally and chart wise. So maybe it fits you better.

It could be a good time to do some swing trade as there is no clear direction of the bitcoin price at the moment.
hero member
Activity: 1806
Merit: 672
August 05, 2016, 09:05:42 PM
Well there are different types of trading that can suit you properly. As day trading is one of the many ways you can trade and it actually takes the most time. What I suggest is doing a Swing Trade the one that holds their crypto for more than a week or so. They always base it fundametally and chart wise. So maybe it fits you better.
full member
Activity: 238
Merit: 100
August 05, 2016, 08:58:25 PM
Well 40 Btc is a Very Large amount So you Can Do the Following things With it:-
1) You can Start investing in Casinos Bankroll With Which there are Much Chances of Making Profits and But Before investing in any Casino Also Read about the Terms and Conditions of the Casino and Don't Put your whole Money in One Casino.....
2) Or You can Convert your Btc to Fiat Currency and then You can Start a Physical Business with it......
sr. member
Activity: 441
Merit: 278
It's personal
August 05, 2016, 03:23:17 PM

@YTBitcoin  yes I see what you mean, after 2 years maybe the knowledge is not quite sufficient yet plus OP has paid (lost) 14.89% of his capital. Then maybe either gain more knowledge without giving more BTC ie. paying for the knowledge or just let the bitcoin take a rest for a while and when greater adoption of peeps happens the 40 will have magnificent value.


hero member
Activity: 686
Merit: 500
August 04, 2016, 04:43:01 PM
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.

yeah losing a certain amount is fine but I think the Op is losing from longer time and in that condition  think he is unable to earn anymore at there so the better route is to leave trading and if want to come back then he should have to come up with more knowledge.
sr. member
Activity: 441
Merit: 278
It's personal
August 04, 2016, 04:40:38 PM
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.

I think I might be having an idea of what you could try to do after all the trading for 2 years. You have learned quite a lot and paid 7BTC for that learning experience. Not bad like you say > therefore the time has now come to apply what you have learned and see if you can now add 7BTC for starters to your 40.  Smiley

sr. member
Activity: 466
Merit: 250
August 03, 2016, 05:28:25 PM
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.

at this moment I invest in (each around 0.1 btc)>
aeon 2600 sat / target 4000 / 6000 sat
dgb 53 sat / target 80 sat
BTCD 200000 sat long hold
XMG 2000 sat target 5000 sat
LTC  660000 sat hold
NMC 57000 sat hold
PPC  60000 sat hold
NIRO 6000 sat hold

in next 3 months we will see its good or bad ( just seat and wait )
hero member
Activity: 658
Merit: 500
August 03, 2016, 05:06:49 PM
There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

Yeah, if he lost then i does not mean that trading is a place of losers, but he will have to change his strategy and have to adopt some other market and some other strategy for getting profit from trading, it just require some knowledge, skills, intelligence and a good time to give to there to earn a bigger profit from trading.
sr. member
Activity: 466
Merit: 250
August 03, 2016, 04:50:59 PM
trending for profit / or buy low sell high
learning
1. patience
2. risk managment
3. psychology
learning

buy high sell low
trending for fun = gambling
gambling is exchange money for exitment

legendary
Activity: 1456
Merit: 1002
August 02, 2016, 05:12:52 PM
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.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
August 02, 2016, 09:41:43 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.
legendary
Activity: 1190
Merit: 1002
August 02, 2016, 08:53:01 AM
There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

but there are some people who spend most of their time observing the pricing and still they are unable to predict that what will be the future of that coin and how much will it increase in value in the coming future.

Yes it is true that observing the price movement you cannot find what will happen next, you have to keep eye on the coin development , where it is updating it progress on the project, as if you are fully aware of the coin details then only you can make decision of holding or selling it.

Trading is something you have to do some research on coins details and its development and project which it is going to launch and if their you find any negative response even if you are in small loss you should sell it because getting full loss is better to take small loss.
hero member
Activity: 644
Merit: 500
July 28, 2016, 03:29:27 PM
There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

but there are some people who spend most of their time observing the pricing and still they are unable to predict that what will be the future of that coin and how much will it increase in value in the coming future.
newbie
Activity: 56
Merit: 0
July 28, 2016, 06:45:53 AM
There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.

yes someone who is pretty good and a little expert in analyzing every movement, it would be good to make a profit.
indeed sometimes if we always lose, it makes us mentally descend, and I ever experienced it. but I have a high motivation to recover losses and finally I can get up.
Yes its good if someone is knowledgable and pretty expert in trading specially if he/she has alot of experience in the fiels he can surely achieve some profits.But for those who are not that experienced enough or less knowledge in trading then its better to leave it than to face some losses because of that.
hero member
Activity: 714
Merit: 500
IF YOU Enjoy Trade with ME ..PUT Feedback Please
July 28, 2016, 06:43:22 AM
There's nothing necessary to quit bitcoin trading, because if you can spend more time over the observation of price movement even if price goes down, can make a profit out of it.
Yeah and he is more experienced with all the knowledge of markets and stocks now so it will be better for him to continue the trading as it will be more profitable doing trading getting more experienced with it !
i think the best way to trade alts coin\BTC or USD\BTC is to do only 2-3 successful trades per month for example i have some btc stored in poloinex & bittrex .read the markets well -wait the right chance - do 5-10 x trade example as in ETC for the last 4 days .
Trading is the best .
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