I quit trading - page 128. | Bitcointalksearch.org

bitgolden

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Quote from: erikalui on October 15, 2015, 01:36:40 PM

Quote from: n2004al on October 14, 2015, 06:42:28 AM

Quote from: erikalui on October 07, 2015, 03:07:31 PM

7 BTC is a huge amount and I'm sorry for your loss. Pay your bills or buy gift cards with the BTC you've earned as investing it would be a bad option since you've been trading all this while and have incurred a loss. If you wish, you can start your own website by buying a domain name and then advertisers could pay you per month which could earn you a good amount of profit.

As it will be for me leave those in your wallet and forget about those. One day, when the price will (can, may) go high, remember and change those. Maybe, that day, you can buy an expensive car with those. But even the price will not go high for sure will not go down. So, their value, at least will remain the same.

The price may increase or remain the same but waiting for years in the hope the price increases isn't worth. It's better to invest such a huge amount or transfer the money to a bank account if the person is not interested in trading anymore.

You people may be right.
But I still believe no other methods or any investments will not be able to match with bitcoin boom if it comes back on raising track. I say this completely based on previous bitcoin track record. We are in the eve of halving. So, it must be a waiting time for us to make better fortune we deserve by adopting bitcoins.

erikalui

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Quote from: n2004al on October 14, 2015, 06:42:28 AM

Quote from: erikalui on October 07, 2015, 03:07:31 PM

7 BTC is a huge amount and I'm sorry for your loss. Pay your bills or buy gift cards with the BTC you've earned as investing it would be a bad option since you've been trading all this while and have incurred a loss. If you wish, you can start your own website by buying a domain name and then advertisers could pay you per month which could earn you a good amount of profit.

As it will be for me leave those in your wallet and forget about those. One day, when the price will (can, may) go high, remember and change those. Maybe, that day, you can buy an expensive car with those. But even the price will not go high for sure will not go down. So, their value, at least will remain the same.

The price may increase or remain the same but waiting for years in the hope the price increases isn't worth. It's better to invest such a huge amount or transfer the money to a bank account if the person is not interested in trading anymore.

knowhow

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Well there is very people able to say hey i had lost money trading,well there is always two sides ,crypto exchange works that way some get income and others pays those income,back to topic if i had it i would be lending with some crypto as colateral and for a maximum of 5 days or 10 and well if the user dont repay the loan i would hold the coin or seel it instant,whats happening with exchanges almost all cryptos loosing value this week. Huh

absy

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★Bitvest.io★ Play Plinko or Invest!

I think if you lost in trading.. then i would suggest you not to go with gambling at all..

Because gambling are more risky than trading... so i would suggest you to lend btc and wait for profits.

StevenLiang

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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.

Hold for your long term investment (it's up to you if you want to sell it, it your money anyway)
Turn it to another AltCoin that you trust.
Buy small amount of Hashing Power in trusted CloudMining Company (Transparent)
Exchange your BTC to another place for investment; another currencies, gold, silver, etc

Hugroll

hero member

Activity: 756

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Quote from: Gutemberg on October 11, 2015, 08:58:31 AM

hodl your money and wait for a good investment|

i was never successful with trading but it seems to work for other members, and I've tried looking for things to invest in online and everything is just so risky. 90% of investments are ponzis so i just gave up looking for things to invest

Amph

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Quote from: n2004al on October 11, 2015, 07:31:34 AM

Quote from: sempak on October 09, 2015, 08:57:07 AM

You can choose to landing. lend money to one another and gain profit from there Shocked

It is something that cannot give profit in every country. In my country for example this kind of option is totally illegal. So if you lend money to someone and he don't give you your money you cannot do nothing. You cannot go to the police and to ask their help because it will be you that will be punished firstly and immediately. I don't if this activity is allowed in some other country but even if it will be possible, those countries must very few. Because the lend of money need rules and these rules cannot be fulfilled by a single person.

umh? you can do it online, with bitcointalk it's pretty easy, you just need to take the account as a collateral, it's a win win situation for who borrow the money

people will pay evne for 10% interest in a short time, pretty profitable

n2004al

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Quote from: erikalui on October 07, 2015, 03:07:31 PM

7 BTC is a huge amount and I'm sorry for your loss. Pay your bills or buy gift cards with the BTC you've earned as investing it would be a bad option since you've been trading all this while and have incurred a loss. If you wish, you can start your own website by buying a domain name and then advertisers could pay you per month which could earn you a good amount of profit.

As it will be for me leave those in your wallet and forget about those. One day, when the price will (can, may) go high, remember and change those. Maybe, that day, you can buy an expensive car with those. But even the price will not go high for sure will not go down. So, their value, at least will remain the same.

knowhow

hero member

Activity: 560

Merit: 500

Quote from: n2004al on October 11, 2015, 07:31:34 AM

Quote from: sempak on October 09, 2015, 08:57:07 AM

You can choose to landing. lend money to one another and gain profit from there Shocked

It is something that cannot give profit in every country. In my country for example this kind of option is totally illegal. So if you lend money to someone and he don't give you your money you cannot do nothing. You cannot go to the police and to ask their help because it will be you that will be punished firstly and immediately. I don't if this activity is allowed in some other country but even if it will be possible, those countries must very few. Because the lend of money need rules and these rules cannot be fulfilled by a single person.

Im surprised most members here dont know polonies lending program,the %0.03 is the income at lendings and this is almost 99.9% safe ,since the money cant left the exchange before pays the loan ,and usually to apply to a loan they ask to you to stake your coins,works like colateral soo those 40btc can rent you some$$ daily just lending it safety.

Gutemberg

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hodl your money and wait for a good investment|

n2004al

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Quote from: sempak on October 09, 2015, 08:57:07 AM

You can choose to landing. lend money to one another and gain profit from there Shocked

It is something that cannot give profit in every country. In my country for example this kind of option is totally illegal. So if you lend money to someone and he don't give you your money you cannot do nothing. You cannot go to the police and to ask their help because it will be you that will be punished firstly and immediately. I don't if this activity is allowed in some other country but even if it will be possible, those countries must very few. Because the lend of money need rules and these rules cannot be fulfilled by a single person.

sempak

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You can choose to landing. lend money to one another and gain profit from there Shocked

n2004al

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Quote from: rickadone on October 09, 2015, 12:31:55 AM

Quote from: pureclckr on October 08, 2015, 08:13:29 AM

Quitting trading is the good thing if you have faced many losses. Many people could not find a way to stop themselves from doing trading. So, decide what you need to do.

We should not quite trading. Defeating is not an end in anywhere. We should keep trying until we get success. If we gave up so easily than i guess we will never be able to become succeed. To become succeed we should keep trying until success.

You are wrong. Because you haven't read with attention what the OP has write. I' am giving here the firs row of its post: "So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't).

Everything is clear. He doesn't have time.

Then, if you think that he (if will have time) should continue to try even he will have continuously losses, I think that you are again wrong. In this way he can lost all his money. If someone is not able to have success in something and he understand this, he must stop, learn or ask help, and then, if he will be convinced that is able to continue because have learned how to go further or how to eliminate its errors, start again from the beginning.

If this path doesn't be respected trading can be made like gambling and in this case the money will be lost always and the author of this kind of mentality will lose all the money he will have in every moment.

roadbits

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Quote from: rickadone on October 09, 2015, 12:31:55 AM

Quote from: pureclckr on October 08, 2015, 08:13:29 AM

Quitting trading is the good thing if you have faced many losses. Many people could not find a way to stop themselves from doing trading. So, decide what you need to do.

We should not quite trading. Defeating is not an end in anywhere. We should keep trying until we get success. If we gave up so easily than i guess we will never be able to become succeed. To become succeed we should keep trying until success.

I think the theory try until success will not be suitable for all situation like in gambling. If you think your not making money from day trading or in gambling then it is better quit as early as possible save one from losing more money. If your doing some business based on your talent if you fail first yes then you can try second and third time because your confident on your skills but in gambling do not apply that theory.

coinplus

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Quote from: rickadone on October 09, 2015, 12:31:55 AM

Quote from: pureclckr on October 08, 2015, 08:13:29 AM

Quitting trading is the good thing if you have faced many losses. Many people could not find a way to stop themselves from doing trading. So, decide what you need to do.

We should not quite trading. Defeating is not an end in anywhere. We should keep trying until we get success. If we gave up so easily than i guess we will never be able to become succeed. To become succeed we should keep trying until success.

Either decide to continue or quit, depend on progress and willingness. if see no good result after stick for years, and keep wasting money away, we will decide to quit for sure. while in opposite, when we are make good progress, and able to make capital growing high, we will remain stick with trading.

rickadone

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Quote from: pureclckr on October 08, 2015, 08:13:29 AM

Quitting trading is the good thing if you have faced many losses. Many people could not find a way to stop themselves from doing trading. So, decide what you need to do.

We should not quite trading. Defeating is not an end in anywhere. We should keep trying until we get success. If we gave up so easily than i guess we will never be able to become succeed. To become succeed we should keep trying until success.

n2004al

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Activity: 1134

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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.

Put they in your wallet and forget about those bro. The only safe thing to do is to not learn other things with those. Every kind of learn in our days don't worth to be paid with your bitcoin. Your bitcoin deserve more. Leave it the needed time to grow and be matured and you will have much more learnings with much, much less bitcoin.

According to me in our times there are not safe way to grow those. So better to leave those as and there where they are. Or can be less. And this it will be (maybe only for me) a sin.

pureclckr

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Quitting trading is the good thing if you have faced many losses. Many people could not find a way to stop themselves from doing trading. So, decide what you need to do.

coinplus

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Quote from: maricampos on October 07, 2015, 10:25:41 AM

Deciding to quit trading just because of the losses faced on last trading is the most common situations in trading houses. But we must learn profit or losses are part of trading. We must aim to minimize losses than profits. because you can not completely prevent losses.

Yes. If number of winning trades are just more than loosing trade then people will consider trading as their one of main income sources. But that's the challenge we face from trading world. All the above, people making small profit in 10 trades and a big loss in a single trade. That's the real situation.

erikalui

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7 BTC is a huge amount and I'm sorry for your loss. Pay your bills or buy gift cards with the BTC you've earned as investing it would be a bad option since you've been trading all this while and have incurred a loss. If you wish, you can start your own website by buying a domain name and then advertisers could pay you per month which could earn you a good amount of profit.

Topic: I quit trading - page 128. (Read 242600 times)