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Topic: I quit trading - page 109. (Read 242600 times)

newbie
Activity: 28
Merit: 0
June 15, 2016, 03:19:35 PM
40btc buys a lot of booze and hookers
hero member
Activity: 966
Merit: 507
June 15, 2016, 03:18:43 PM
Spending two years in trading just to lose money does not seem a good business, but it is undoubted that the knowledge acquired throughout those years is highly valuable.

Perhaps you should try a bit more. I have four years of experience trading forex, and my first two years I also faced multiple losses, but from the third year my accumulated experience helped me to achieve a consistent profitability.
hero member
Activity: 826
Merit: 1000
June 15, 2016, 02:41:09 PM
I'd buy 20 BTC worth of $ETH lock it up and check back in the year 2018...
Settle my loans with the remaining 20 BTC

Thats assuming that if the ETH value remains to catch up with btc values and volume.

You wont know what happens with alt coin on a even month to month basis so I wouldnt take my chances to leaving it to 2 years.

Unless you are aware of the news that the smart contracts are being used are common, then thats a different story.
hero member
Activity: 493
Merit: 504
June 15, 2016, 02:03:40 PM
You lost 7BTC in 2 years trading, and you say now you have big experience. Why don't you continue to trade with that experience and make more money?

lol and double lol !! the lesson he learned is : trading is risky and not everybody can make money out of it = 99 % daytraders are losing money !

if in 2 years he didn't make any penny from it (he lost 7 btc) = means = useless = NO TRADING !!

About your money bro : keep it till halving day (wait for 800 or 900 usd) = then sell it

buy some gold + buy some ETH and keep it for 2 or 3 years

regards Smiley
hero member
Activity: 1414
Merit: 505
Backed.Finance
June 15, 2016, 12:20:27 PM
You lost 7BTC in 2 years trading, and you say now you have big experience. Why don't you continue to trade with that experience and make more money?

You have a point. Experience is a great teacher they say. He may lose some bitcoins BUT he should not lose the lesson. He learned trading the hard way and shall we consider in an expensive way? Hoping he is more equip now and know the in and out of trading.
member
Activity: 71
Merit: 10
June 15, 2016, 11:42:08 AM
I'd buy 20 BTC worth of $ETH lock it up and check back in the year 2018...
Settle my loans with the remaining 20 BTC
legendary
Activity: 3234
Merit: 1214
Casinopunkz - Anonymous Crypto Casino
June 15, 2016, 11:34:32 AM
You lost 7BTC in 2 years trading, and you say now you have big experience. Why don't you continue to trade with that experience and make more money?

Yeah from such a loss, one could have got a big experience of how to make trading without losses.
legendary
Activity: 1218
Merit: 1000
June 15, 2016, 09:46:55 AM
I think it is a good option if you're not good in terms of trade, I also never been stopped in trade, but in the end I come back again, because I think it could make me a profit. but if it makes you lose, I think it was the right choice, because it can make bitcoin that you have run out if you're bad at it
sr. member
Activity: 269
Merit: 250
June 15, 2016, 09:32:58 AM
Quiting trading will be only nice if you cant earn more money with it and it is not that bad if you are going to quit trading because you can make another investment.
And as you can see you see also that the value of Bitcoin started to rise and that is really nice for people who already have Bitcoin.
sr. member
Activity: 275
Merit: 250
June 15, 2016, 03:07:42 AM
Traiding is not that hard, but it takes time. Even if you buy at high price, just wait a month, two or half a year, price will go back and even above your buying price. Buy when it's falling, sell when it's rising.

and trading is not easy as you think, some times you buying at higher price then you panic and selling your altcoin/bitcoin Roll Eyes

and some times you buying at failling ptice but the price will be failling more and more  Tongue
Quit trading will be now not that bad and that is because the value of Bitcoin is becoming more worth so that is really nice if you already have Bitcoin and maybe you can sell it maybe soon and that should be nice for you.
But the price is also now rising so maybe next year you can sell it and the halving is also coming towards to us.
member
Activity: 70
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
June 14, 2016, 09:08:01 AM
Just invest it on any investment sites if you want to gain more btc or you could just turn it to a real cash and buy some goods that you want  it might fit you.
sr. member
Activity: 476
Merit: 250
June 14, 2016, 08:37:07 AM
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.

Maybe I just got confused with this line of his.  Cheesy
Thank you guys for clarifying.

So now, given that you have 40 BTC and you don't want to trade anymore,
I suggest you retain the coins in your wallet for now.
I think that will be beneficial in the long run especially that there is an upcoming halving.
hero member
Activity: 658
Merit: 500
June 14, 2016, 07:33:12 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.

So basically, you bought that trading experience with 7 BTC. Now, what will you want to do with your knowledge?
I suggest don't let it go to waste. Use your expertise in trading. Or teach others.

He may not actually have learned anything, only spent time and money. Or just learned that it was not worth wasting time and money (i.e. negative experience)
Yeah , if he have a good trading knowledge then he will earn instead of losing 7btc .what do he learn is mistakes without applying if he does learn already from mistakes .so he is not good to teach trading maybe the basic only for the new traders.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
June 14, 2016, 04:15:55 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.

So basically, you bought that trading experience with 7 BTC. Now, what will you want to do with your knowledge?
I suggest don't let it go to waste. Use your expertise in trading. Or teach others.

He may not actually have learned anything, only spent time and money. Or just learned that it was not worth wasting time and money (i.e. negative experience)
sr. member
Activity: 350
Merit: 250
June 14, 2016, 04:14:44 AM
That is a really good thing that you are quitting with trading and that is only because i also dont like trades and there are always people who are scamming you with the stupid trades so i know why you are quitting.
full member
Activity: 163
Merit: 100
June 14, 2016, 12:11:03 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.

So basically, you bought that trading experience with 7 BTC. Now, what will you want to do with your knowledge?
I suggest don't let it go to waste. Use your expertise in trading. Or teach others.

you are funny if he learned any real knowledge he would not be negative  Grin
sr. member
Activity: 476
Merit: 250
June 13, 2016, 11:56:01 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.

So basically, you bought that trading experience with 7 BTC. Now, what will you want to do with your knowledge?
I suggest don't let it go to waste. Use your expertise in trading. Or teach others.
member
Activity: 86
Merit: 10
June 13, 2016, 11:13:15 PM
Traiding is not that hard, but it takes time. Even if you buy at high price, just wait a month, two or half a year, price will go back and even above your buying price. Buy when it's falling, sell when it's rising.

the expert traders trade and earn and they do not wait for months , years etc, but they know when to trade, they do not wait for price go down or rise up, but they for their trade depend on the fluctuation of price occurring daily in bitcoin, so they earn money with the hourly or daily ups and downs in the price of bitcoin and never lose any amount of them and do not have to wait for longer.

 I think nowadays the fluctuations are not more obvious and benefiting the traders have to wait for the price to increase till halving, or they have to go to the smaller exchanges where they can easily manipulate the price for buy and sell with their coins.

If a trader needs to wait for a halving to make money trading he is doing it all wrong. Traders need to trade off daily charts or weekley charts, not yearly charts.  Cheesy Cheesy
Yeah i agree to this ,a trader must take advantage everyday that he can have a profit on that coin not waiting to lose again profit thats what i've learned before i am losing all my positive thinkings about trading.

More then just thinking positive, you need to be disciplined and stick to your guns. That's the #1 rule to trading.
sr. member
Activity: 350
Merit: 250
The Blockchain Evolution of Prediction Markets
June 13, 2016, 11:01:45 PM
Traiding is not that hard, but it takes time. Even if you buy at high price, just wait a month, two or half a year, price will go back and even above your buying price. Buy when it's falling, sell when it's rising.

the expert traders trade and earn and they do not wait for months , years etc, but they know when to trade, they do not wait for price go down or rise up, but they for their trade depend on the fluctuation of price occurring daily in bitcoin, so they earn money with the hourly or daily ups and downs in the price of bitcoin and never lose any amount of them and do not have to wait for longer.

 I think nowadays the fluctuations are not more obvious and benefiting the traders have to wait for the price to increase till halving, or they have to go to the smaller exchanges where they can easily manipulate the price for buy and sell with their coins.

If a trader needs to wait for a halving to make money trading he is doing it all wrong. Traders need to trade off daily charts or weekley charts, not yearly charts.  Cheesy Cheesy
Yeah i agree to this ,a trader must take advantage everyday that he can have a profit on that coin not waiting to lose again profit thats what i've learned before i am losing all my positive thinkings about trading.
member
Activity: 86
Merit: 10
June 13, 2016, 10:58:08 PM
Traiding is not that hard, but it takes time. Even if you buy at high price, just wait a month, two or half a year, price will go back and even above your buying price. Buy when it's falling, sell when it's rising.

the expert traders trade and earn and they do not wait for months , years etc, but they know when to trade, they do not wait for price go down or rise up, but they for their trade depend on the fluctuation of price occurring daily in bitcoin, so they earn money with the hourly or daily ups and downs in the price of bitcoin and never lose any amount of them and do not have to wait for longer.

 I think nowadays the fluctuations are not more obvious and benefiting the traders have to wait for the price to increase till halving, or they have to go to the smaller exchanges where they can easily manipulate the price for buy and sell with their coins.

If a trader needs to wait for a halving to make money trading he is doing it all wrong. Traders need to trade off daily charts or weekley charts, not yearly charts.  Cheesy Cheesy
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