Author

Topic: I quit trading - page 125. (Read 242600 times)

legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 10, 2015, 03:57:08 AM
i quit too after 2 years but i never invested anything
and i made as much or more (same amount usd roughly)

i had to find 2 pennies to make 3 and so on..
try doing that.. what i did was hard.

taking 47 BTC to start with and walking away with a 7 BTC loss is not good.

i walked in with nothing and walked out with the same amount  Cool

i took me forever to get 1 LTC

i guarantee i learned more than he did LOL
i've never lost any on trading,because i've learned from other people's mistake, why do i need to learn from my mistake while i can learn from other ppl's mistake?

I bet anything you started with a seed fund.. i did not.

I started by using a Core2Duo E7500 CPU to mine for i gazillionth of an LTC coin.
I did not walk to my bank and withdraw a crap load of money then go trade and brag about riches..
The two are so different they are not even comparable.

One takes skill and the other takes a bit of luck (gambling)
hero member
Activity: 714
Merit: 500
November 09, 2015, 10:15:40 AM
Real simple, start trading here. Seriously though, maybe :
1) Invest in a gambling site, because of the house edge you'll win in the long run
2) Have a look at this post, as I'm not going to repeat something already said https://bitcointalksearch.org/topic/m.12165431
why not simply get a job and in the meanwhile hold on to your current BTC till the halving. I am sure you will be more than happy with the amount of profit you will see on your holdings.
sr. member
Activity: 336
Merit: 250
November 09, 2015, 09:01:44 AM
Real simple, start trading here. Seriously though, maybe :
1) Invest in a gambling site, because of the house edge you'll win in the long run
2) Have a look at this post, as I'm not going to repeat something already said https://bitcointalksearch.org/topic/m.12165431
If you really dont want to trade anymore just invest somewhere online. Gambling sites are sure profit-makers. You can start your own mining (if you have the time and can afford high electricity bills). Or if you feel better about it, buy a piece of real estate. The price of real estate will not go down for the foreseeable future. Best of luck for whatever you decide!
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
November 09, 2015, 04:48:46 AM
i quit too after 2 years but i never invested anything
and i made as much or more (same amount usd roughly)

i had to find 2 pennies to make 3 and so on..
try doing that.. what i did was hard.

taking 47 BTC to start with and walking away with a 7 BTC loss is not good.

i walked in with nothing and walked out with the same amount  Cool

i took me forever to get 1 LTC

i guarantee i learned more than he did LOL
i've never lost any on trading,because i've learned from other people's mistake, why do i need to learn from my mistake while i can learn from other ppl's mistake?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 09, 2015, 04:31:59 AM
i quit too after 2 years but i never invested anything
and i made as much or more (same amount usd roughly)

i had to find 2 pennies to make 3 and so on..
try doing that.. what i did was hard.

taking 47 BTC to start with and walking away with a 7 BTC loss is not good.

i walked in with nothing and walked out with the same amount  Cool

i took me forever to get 1 LTC

i guarantee i learned more than he did LOL
legendary
Activity: 3248
Merit: 1072
November 09, 2015, 02:17:41 AM
Or he can hold them and wait the price recover or see some low risk investment or even lending with colateral.

well the price surge did happened already, so if he was waiting for that he must have missed it, buying at any 230-280 price, and dumping at 450-500, would have been the best trading
sr. member
Activity: 462
Merit: 250
November 07, 2015, 03:49:46 PM
The pump and dump days are gone but they might come back: there are always new people who will get close to this world and they will put new money in here.
And trading will become profitable again: it's so sad it works like this though.

Trading will not be profitable for all the traders as whole as exchanges charge a fee. It is a zero sum game.

Some time we feel we make a profit, that is just because the price of bitcoin rises. But for the people selling short, they will still make a loss.

This is different from stock market, the companies we invest in make profit, so it is a positive sum game.
hero member
Activity: 560
Merit: 500
November 07, 2015, 02:04:45 PM
Or he can hold them and wait the price recover or see some low risk investment or even lending with colateral.
hero member
Activity: 826
Merit: 501
November 07, 2015, 10:02:12 AM
Until you lost whole deposit do not give up - only the loss of all a sign of poor outcome. 40 bitcoins you can left in Dice or Poker Cheesy
hero member
Activity: 560
Merit: 500
November 07, 2015, 06:28:58 AM
I doubt he with such ammount of bitcoin would convert it since bitcoin on the last days is trying to grow soo hold them may be the best way for the moment.
newbie
Activity: 42
Merit: 0
November 07, 2015, 04:57:56 AM
that is good cash. Just give yourself a leave. go to Africa on a safari or just spend give out to charity. that would do better if you dont know what to do with your money.
sr. member
Activity: 350
Merit: 250
November 07, 2015, 02:12:33 AM
Well it wouldn't hurt if you just leave it lying around and see what is going to happen after the halving. It's more like a gamble as there's a chance price would plummet but at the same time with some probablility of it going up as well. But hey what is there to lose.

Hold on to those 7 BTC you have. Wait till the upcoming halving, keeping in mind the recent trend you might make more profit than you know. Think of investing in something long-term till then.
full member
Activity: 210
Merit: 100
November 06, 2015, 03:53:35 AM
altcoin prices feels like they are being manipulated  Undecided
hero member
Activity: 560
Merit: 500
November 05, 2015, 03:08:48 PM
The big fact is that the most altcoins are only alive for the pump and dump,and well at forex of fiat ,trading will lead some into a  good profit and others will lose,there is always a two sides,but well the only one who wins is the exchanger owner.
legendary
Activity: 1456
Merit: 1023
October 30, 2015, 04:15:27 AM
One thing is the gold rule never invest more then can afford to loose the thing is we are atracted to try altcoins dreaming to multiply our bitcoins faster.

That is true. One shouldn't borrow money for trading. You should buy and ready to wait for long time and sometimes you also ready to book the loses to reduce your further loses.
legendary
Activity: 1386
Merit: 1058
October 30, 2015, 02:59:59 AM
Forget the value at fiat since the thread is about the ammount of bitcoins losted,7 btc losted,sure fiat is used to see how are the investment,but well as all know some win and other loose we cant all win always.

Most of the people always target to get back the lost money from the same method they have lose. But some time they get compromised with the price with bitcoin or to dollars which one suits them better. But, quitting trading for that reason is not accepted quit the trading when you are in profit side.
member
Activity: 183
Merit: 12
ImmVRse | Disrupting the VR industry
October 29, 2015, 09:28:37 PM
Well, you were "unsuccessful" but you still have plenty of BTC to earn way more that lost 7 BTC. I am currently looking into daytrading, etc... Going to setup separate server and bot-trade all the time all the possible combinations... I know its not easy like start and forget but I want to learn new things and possible earn some BTC :-)
legendary
Activity: 1134
Merit: 1000
October 29, 2015, 03:29:45 AM
One thing is the gold rule never invest more then can afford to loose the thing is we are atracted to try altcoins dreaming to multiply our bitcoins faster.

This sentence have meaning for gambling and not for investing. The real investment, made after the needed analysis, can be risky and this is told and can be known during the previous mentioned action, but never so risky as in gambling when everything is luck and nothing reasoning. In the (right) investment, the normal one, must be the business plans, the way in which the resources will (shall) be managed, the time of returns, the amounts of returns, the probability to not arrive the objectives and t many others data that make possible reasoning about it. So have to do at all with the possibility to lose but with the possibility to win. It is a totally other thing the gambling when your sentence have full right to reign. 
sr. member
Activity: 574
Merit: 250
October 27, 2015, 07:09:09 PM
Forget the value at fiat since the thread is about the ammount of bitcoins losted,7 btc losted,sure fiat is used to see how are the investment,but well as all know some win and other loose we cant all win always.

Well the reason I mentioned the value was cause of the poster I quoted. But sure, let's forget about it.

It's weird how you don't knowhow to write lose though.  Wink
hero member
Activity: 560
Merit: 500
October 27, 2015, 02:32:09 PM
Forget the value at fiat since the thread is about the ammount of bitcoins losted,7 btc losted,sure fiat is used to see how are the investment,but well as all know some win and other loose we cant all win always.
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