I quit trading - page 111. | Bitcointalksearch.org

2legit2

sr. member

Activity: 406

Merit: 250

Quote from: Mayer Amschel on September 21, 2015, 06:21:35 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.

well yes you lost 7 bitcoins and that is really a lot, but like you mentioned, you learn a lot about trading, you know how price could change in future so you can earn profit now

but if you don't want to trade anymore then you could try to invest in gambling or other site so you will get profit without doing anything hard or thinking too much

JohnyWalkerUK

member

Activity: 77

Merit: 10

Quiting trading will be only the best thing when you are for sure that the value of Bitcoin is going to rise otherwise it will sin to you and that have to change also.
But of course it is really hard to know that from before but that is just the risk that you should take.

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

Why you quit trading.. trading is the best than gamblingyou can make a profit just to buy and sell it when the price is increase.. you can not lose high amount in your wallet and you can make huge profit..

BitMaxz

legendary

Activity: 3472

Merit: 3217

Happy New year 🤗

Quote from: XERES on June 02, 2016, 08:56:28 AM

Quote from: sobsitesearch on June 02, 2016, 03:54:11 AM

Now im happy on trading because its better than playing dice,
I earned a lot of bitcoin by trading, I collect more bitcoin until the halving comes! more profit to come

totally agreed, trading is the best choice than playing dice and gambling also but the gamblers think can make alot of money from it then can't stop gamble, that's it. My self enjoying trading.

Yeah trading is better than gambling.. honestly you can make much more profit and low risk in trading unlike in gambling that can drain all your money without return in trading if you know the altcoin going to be scam you still have a time to sell it and got some of your money..

XERES

sr. member

Activity: 364

Merit: 250

Quote from: sobsitesearch on June 02, 2016, 03:54:11 AM

Now im happy on trading because its better than playing dice,
I earned a lot of bitcoin by trading, I collect more bitcoin until the halving comes! more profit to come

totally agreed, trading is the best choice than playing dice and gambling also but the gamblers think can make alot of money from it then can't stop gamble, that's it. My self enjoying trading.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: sobsitesearch on June 02, 2016, 03:54:11 AM

Now im happy on trading because its better than playing dice,
I earned a lot of bitcoin by trading, I collect more bitcoin until the halving comes! more profit to come

Yes I need to agree that trading is hundred times better than gambling. I could not find any reason to quit my trading even sometimes my trading goes in negative values but waiting for some more time will make them into profits. So, bitcoin trading is always profitable.

sobsitesearch

sr. member

Activity: 406

Merit: 250

Now im happy on trading because its better than playing dice,
I earned a lot of bitcoin by trading, I collect more bitcoin until the halving comes! more profit to come

outatime1

sr. member

Activity: 364

Merit: 254

CryptoTalk.Org - Get Paid for every Post!

Holding your bitcoin will probably yield gains if you hold it long enough. Trading can be difficult especially if you trade for altcoins. I have found that most altcoins don't seem to hold value for very long. I tride trading bitcoin for litecoin a couple of years ago when litecoin seemed like the second best coin, but then it dropped in value and other coins seemed to get hot. I think it's just easier to trade bitcoins for fiat.

crairezx20

legendary

Activity: 1638

Merit: 1046

Trading is not easy i am also trading its just my hobby using a small amount if how can make a profit even a small amount.. and i am watching for their trading strategy for every altcoin.. sometimes i can make a profit with 0.001-0.005 i am lucky that even a small amount i can make it.. with in few hours..
If you quit in trading you can recover all your loses..i experience too before to lose and to risk my bitcoin but now i am just trading as my hobby..

gilangIDR

legendary

Activity: 1526

Merit: 1001

it is a choice. when I decided to stop playing trading then I have to know the risks would get. trading is a job. and we can replace our jobs at any time.

birdmeko

full member

Activity: 210

Merit: 100

Very nice amount of BTC you have collected!
Maybe just hold and wait to trade again when it gets super volatile.
Pure speculation but I think the next year will see large swings if you have the stomach to take it

Galiatram

sr. member

Activity: 350

Merit: 250

You must only quit trading when you are to be able to make some profit with Bitcoin when you can sell it and that is not the case now because the value is not eve that high.
So better you can trade now and wait for later when the value is higher and that is perfect.

RobinHoodster

sr. member

Activity: 350

Merit: 250

Quote from: target on May 18, 2016, 08:20:47 AM

Quote from: FabioDelcatto on May 17, 2016, 04:09:31 AM

The best moment to quit trading is that you have to do it when you are for sure that you cant make some profit with it and that is bad for you of course.
But it will be not that smart now to quit trading because the value is going to be more worth soon so that is nice.

He'll be back though. once you learn to trade, you'd always like the thrill of winning a position and most of the traders turn greedy.
Same applies to Forex Trading the adrenaline keep us up even after the market session, the bad part of Altcoin trading is that the market goes on 24/7.

Quiting will be really risky to you and that is because you also can see now that you cant earn profit with selling now of your Bitcoin and that have to change of course.
Because the most people want to sell it with a lot of profit but they cant so they are trading to earn a little bit money.

mrhelpful

legendary

Activity: 1456

Merit: 1002

Quote from: target on May 18, 2016, 08:20:47 AM

Quote from: FabioDelcatto on May 17, 2016, 04:09:31 AM

The best moment to quit trading is that you have to do it when you are for sure that you cant make some profit with it and that is bad for you of course.
But it will be not that smart now to quit trading because the value is going to be more worth soon so that is nice.

He'll be back though. once you learn to trade, you'd always like the thrill of winning a position and most of the traders turn greedy.
Same applies to Forex Trading the adrenaline keep us up even after the market session, the bad part of Altcoin trading is that the market goes on 24/7.

It isnt thrilling on losing momentum though.. which most every trader will face one point in their life time of trading..

Take enough few losses, you`ll throw your hands up and say screw it.

It really determines what youre trading and your approach to the "whole scene" not just know TA in my view.

Op probably didnt have prior experience into daytrading or didnt practice enough on paper trading on traditional forms.

Nimbulan

hero member

Activity: 658

Merit: 500

Quote from: Mayer Amschel on September 21, 2015, 06:21:35 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.

i think that you quited best way to earn more bitcoins with the ones that you hve, as gambling or holding bitcoins you had is not that good way to earn money as they are either risky or slow

but now if you still have some bitcoins left you can try to keep them in your wallet and wait for halving in 2 months, as then you should get easy profit, if price will rise of course

dannac

sr. member

Activity: 266

Merit: 250

Crypto Geek

I believe jumping on ICOs of new promising Coins is the unique way to earn something...
If you miss the boat, then there's not that much left to bite on after that Cheesy

enomin

newbie

Activity: 20

Merit: 0

You can't win them all. But hey, at least the OP learned something from trading.

gcride

newbie

Activity: 27

Merit: 0

you lost 7 BTC trading over a few years? Shocked

Ulloa

sr. member

Activity: 364

Merit: 250

That will be not the best thing that you can do and that is because there are a lot of people that is now starting to trade because you cant earn money with selling.
So you can now earn a little bit money with trading and wait also for a price increase in the future.

jhenfelipe

hero member

Activity: 1372

Merit: 647

Quote from: Mayer Amschel on September 21, 2015, 06:21:35 AM

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

Wow 40btc is a big amount. In my opinion it is better to save some of your money so that you have money to use in times of needs and use some to invest and start a business, I think having a business is a great idea to have a stable income. Then enjoy life

you have a lot, you can buy what you want, you can go where ever you want.

Topic: I quit trading - page 111. (Read 242600 times)