Author

Topic: I quit trading - page 126. (Read 242526 times)

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.
sr. member
Activity: 574
Merit: 250
October 27, 2015, 08:04:44 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.

if you deposit 47BTC and bitcoin price ~$100
now you have 40BTC and bitcoin price ~$300

i think you get a good profit  Wink


What if he deposited 47 btc when he bought it at 1000$ and is selling it now, though?^^
sr. member
Activity: 364
Merit: 250
October 27, 2015, 07:53:42 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.

if you deposit 47BTC and bitcoin price ~$100
now you have 40BTC and bitcoin price ~$300

i think you get a good profit  Wink
sr. member
Activity: 574
Merit: 250
October 27, 2015, 07:44:05 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.


Why exactly would you think the price would plummet because of the halving?  Huh
legendary
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
October 27, 2015, 04:43:53 AM
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.
klf
legendary
Activity: 1344
Merit: 1000
October 27, 2015, 04:07:57 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.

Yes thats why when one want to invest money in trading should have patience and also need to diversify money in lot of different varieties of trading not just bitcoins and alt coins. Once any one diversify the investments then can minimize the loses in worst condition. So just don't think any one alt coin will rise near future and invest all money in single coin.
hero member
Activity: 560
Merit: 500
October 26, 2015, 07:12:13 PM
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.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
October 26, 2015, 04:10:32 AM
Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc

But last time bitcoin prices went up, litecoin prices went up.

Yes that's the reason many people believe in alt coin. When bitcoin make some 25% to 40% leap, litecoin did some 100% bounce. Same time when bitcoin made 20% down fall, litecoin suffered a lot and lose more than 100% in value.

It went into negative?
legendary
Activity: 1554
Merit: 1054
October 26, 2015, 02:49:42 AM
Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc

But last time bitcoin prices went up, litecoin prices went up.

Yes that's the reason many people believe in alt coin. When bitcoin make some 25% to 40% leap, litecoin did some 100% bounce. Same time when bitcoin made 20% down fall, litecoin suffered a lot and lose more than 100% in value.
legendary
Activity: 1512
Merit: 1011
October 25, 2015, 11:50:21 PM
You will never find an answer if you ask here, no one making money will share their method for the fear of saturation. Open your eyes and scavenge through the many threads, you will find gold nuggets here and there.
hero member
Activity: 560
Merit: 500
October 25, 2015, 07:00:12 AM
Most of the altcoin arent related to bitcoin even being bought and sell from btc to x and the reverse,the fact is that most altcoins usually dont got affected by bitcoin price.The most coins dumped were not related to bitcoin look at eth those dump happened because they said that the money they had collected werent enought to them.
legendary
Activity: 3248
Merit: 1070
October 25, 2015, 02:22:38 AM
Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc

But last time bitcoin prices went up, litecoin prices went up.

it was because of the halving of litecoin, in fact now it returned where it was with a x2 boost

i'm sure it has nothing to do with bitcoin
newbie
Activity: 10
Merit: 0
October 25, 2015, 12:04:17 AM
Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc

But last time bitcoin prices went up, litecoin prices went up.
legendary
Activity: 1456
Merit: 1023
October 24, 2015, 11:32:03 PM
Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Because this week bitcoin prices going up so other alt coins are going down. So when btc prices are moving up then better to keep coins in btc
hero member
Activity: 560
Merit: 500
October 24, 2015, 04:39:48 PM
Well the altcoins were moving around 10 to 20% daily now they go very high,as down to fast,i mean the big altcoins volume above 100btc...One thing is we should have to stop to make others take our bitcoins soo easy,i were waiting for a up on the coin and wow it went down on the next day .
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
October 23, 2015, 02:24:11 AM
The only way to really make money from alt trading is inside knowledges, not tech or trends or wtf others are saying. If you have enough bitcoin to pump (and dump) and altcoin, that is the only way how to surely make money. Offcourse inside knowledge about an upcoming pump also served me quite well Smiley

It is the same with anything concerned with trading. The winners are the ones who have the foremost knowledge and access to the information first hand. Indeed, you can go by fundas, but, as they say (actually, Keynes), markets can remain irrational longer than you can remain solvent. With altcoins it is just more heavily pronounced (and mostly void of the rational part, lol)...

All those "traders" with all their fancy trendanalyses, that works in regular stocks, not in crypto, pure emotion and manipulation, NOTHING else.

It doesn't work even with regular stocks (long-term)
full member
Activity: 224
Merit: 100
October 23, 2015, 01:32:31 AM
A quit to there is way to many pump and dumpers
legendary
Activity: 1092
Merit: 1000
October 23, 2015, 12:53:02 AM
Well i dont know but this week were the worst wekk all altcoins lost value ,now looks some altcoin is reborning and being pumped hard,but well its very difficult to invest at any altcoin with such volatility.Old coins ,like doge and litecoin looks more safe to invest .

Yes all new coins prices always prices will be very volatile so invest just small quantities and ready lose those coins. But there are chances that those coins can boom suddenly with out any reason then can make a good profits out of that so it is call high risk investment rewards. This is almost nothing but gambling only so invest carefully in any alt coins.
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