Author

Topic: I quit trading - page 131. (Read 242526 times)

legendary
Activity: 1596
Merit: 1011
September 29, 2015, 08:41:37 AM
#32
you can perform a giveaway to us to share it. it will make us all happy here. I wait for it.  Grin
legendary
Activity: 1568
Merit: 1000
September 28, 2015, 10:38:18 PM
#31
I recently started on Bitcoin and I've bought some altcoins too. I'm a little disappointed since I expected to trade up some of these altcoins and then buy more Bitcoins but it's rather worthless unless you have a good amount of money.

If I were you I would keep at least 5 BTC just in case it goes mainstream by 2020. The rest I would sell it in the next bubble, even something like $300-400 will be great if it happens in the next months.
hero member
Activity: 910
Merit: 1000
September 28, 2015, 01:35:42 AM
#30
Gold is quite more risky then bitcoin because banks and fortunes hold it and play those market,i remember a day gold lost around 100 dollars of its value,bitcoin mooves around the same but harder to react to bad new into economy ,that happens with gold.

I think you understood wrongly about gold investments. Gold is always best investment option for long term plans. If you see the history of last 30 to 40 years gold has given more profits than stock markets but if your talking about short term then I don't know how it will move.
hero member
Activity: 546
Merit: 501
September 28, 2015, 01:33:00 AM
#29
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.

Learn about quantitative value investing.  Look up Joel Greenblatt.  Read The Little Book That Beat the Market.  Read about Wesley Grey.  Subscribe to YCharts maybe.  You may want to begin with the basics, like some Benjamin Graham and Warren Buffett. You don't have to do a lot of work if you do it qualitatively and don't touch it.  Set a target for "fair value" and wait.  If you pick a basket of the best stocks and buy them, and/or short the worst stocks based on historically sound metrics you will beat the market by miles.  It's when you get too involved with the decision making that you hurt your returns.
legendary
Activity: 1792
Merit: 1283
September 27, 2015, 12:12:11 PM
#28
Lots of things you could do with that money, invest in building a website or start a business.
Buy some precious metals with it or invest it in stocks or bonds.

hero member
Activity: 560
Merit: 500
September 27, 2015, 09:23:18 AM
#27
Gold is quite more risky then bitcoin because banks and fortunes hold it and play those market,i remember a day gold lost around 100 dollars of its value,bitcoin mooves around the same but harder to react to bad new into economy ,that happens with gold.
sr. member
Activity: 826
Merit: 263
September 27, 2015, 09:03:16 AM
#26
Buy Gold dude, I think gold is good investment   Wink
hero member
Activity: 560
Merit: 500
September 26, 2015, 06:13:56 PM
#25
Well is one of the first persons that says his results and well into 2 years is something to show that exchange turn into a loss as well not soo easy to profit,and yes without time to make your positions is hard to profit ,looks you must look for other feature besides exchange .
sr. member
Activity: 462
Merit: 336
September 26, 2015, 04:16:35 PM
#24
You can try Forex market with Bitcoins, may be profit will be not very high, but you can continue to get something  Wink If you do not have Forex market experience, better do not try Forex untill you have enough experience  Grin

I am extremely experienced and successful at forex trading, and it is certainly a good place to invest your money. All it takes is a little bit of learning and dedication.
member
Activity: 112
Merit: 10
September 25, 2015, 09:08:05 AM
#23
You could always invest in some opportunities on here.

I have one which you may be interested in for a good return over 26 weeks.

PM me if you would like to know more.

Thanks
hero member
Activity: 910
Merit: 1000
September 24, 2015, 08:46:20 PM
#22
Good decision. It's very hard to make money in BTC trading even you work for it full time. You need to do long term trades (buy at bottom-hold-sell at top), it should increase your trading accuracy.

What you said buy at low is very simple to say but what is the bottom price any idea? so instead of waiting like the you can buy in small quantities whenever you can buy and wait for prices to increase to sell to take profit but if your into full time trading then it is quite difficult to make profits regularly and some times you may need to wait for long time make profits from these trades.
legendary
Activity: 896
Merit: 1000
September 24, 2015, 07:05:03 PM
#21
simply hold your coins. sit back and enjoy seeing your coins increase in value as we're getting closer to the block halving. that's what i would do if i stopped with trading.
legendary
Activity: 1358
Merit: 1014
September 24, 2015, 01:45:42 PM
#20
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 would you do that? It seems like a big risk to put a stack of money outside your wallet in some gambling site that may dissapear next morning.
Unless someone has a better idea to make profit off those 40 BTC, I would just hold them. The interest is the what you will get as BTC goes up in price in the future.
If you want quicker rewards you need bigger risks, and that's probably trading, gambling and putting your coins in some dodgy place like BTCJams or a house edge on a casino.
newbie
Activity: 31
Merit: 0
September 23, 2015, 01:35:15 AM
#19
Great. You don't lose a lot and learn the lessons. Even you can quit trading by yourself. Probably you could invest to some crypto assets or altcoins , which are cheap now.
full member
Activity: 126
Merit: 100
Crypto-Games.net: DICE, BLACKJACK and SLOT
September 23, 2015, 12:40:18 AM
#18
Just use that money to do parternership business in running faucets,bitcoin related blogs or forums etc which will keep on giving you return till you become old. I think that will be safest way to grow your 40 bitcoin which is more than 9000 $.
legendary
Activity: 1073
Merit: 1000
September 22, 2015, 07:54:24 PM
#17
The USD price of Bitcoin is quite volatile as it is. You might make some money on short-term trades, but it doesn't seem worth the risk.
hero member
Activity: 672
Merit: 500
September 22, 2015, 02:19:07 PM
#16
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.

You made a loss of 7btc in 2 years and you are happy? I have been earning and buying bitcoin for 2 years and I don't have 7 btc yet. What have you learned these years in trading? To stop loss?

I think you should just keep the bitcoin in a safe wallet and leave them. It's going to worth much more in a few years.
member
Activity: 112
Merit: 10
September 22, 2015, 11:58:29 AM
#15
What are the reasons you stopped trading?

I think you should get back out there and keep the coins flowing.

I agree with the comment about the blocks halving..... I would hold onto some until then.

Whatever you decide to do... best of luck
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
September 22, 2015, 10:02:27 AM
#14
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.

Any tip from those things you have learned?

legendary
Activity: 3248
Merit: 1070
September 22, 2015, 02:08:04 AM
#13
if you want to invest , invest in something that isn't a gamble, maybe if you cheap electricity bill, you can choose the route of mining with the new S7
Jump to: