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Topic: I quit trading - page 51. (Read 242500 times)

hero member
Activity: 1246
Merit: 529
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August 13, 2017, 11:58:55 PM
Why not do a bit of day trading if you have time and feel like it? In my opinion, day trading can be an enjoyable/profitable way of spending your time. The only thing is it takes a bit of time before you find the most interesting coins to trade and have a proper feeling of all the relevant positions. In the past doing a bit of arbitrage between exchanges was a fun way to make a few bucks.

Well i think there are certain people who have the nose for day trading and there are people who would struggle with all the information and emotions daily. Try to find first whether you can handle daytrading, if not, invest and hold would be a good alternative
full member
Activity: 160
Merit: 100
August 13, 2017, 02:49:37 PM
Why not do a bit of day trading if you have time and feel like it? In my opinion, day trading can be an enjoyable/profitable way of spending your time. The only thing is it takes a bit of time before you find the most interesting coins to trade and have a proper feeling of all the relevant positions. In the past doing a bit of arbitrage between exchanges was a fun way to make a few bucks.
sr. member
Activity: 728
Merit: 250
August 13, 2017, 01:04:23 PM
It just takes a lot of patience to be able to recover some lost ones by waiting for the right time to sell them. Quit trading is not the right choice, investing in another good platform trying to get luck again.
I disagree, the op gave trading a fair chance and he was unable to make any profits it is time to move on, not everyone can be successful at every single thing, there are people that are natural traders and are going to become good at it, and there are people that are never going to get it so I think it was  a good decision to stop trading.
sr. member
Activity: 476
Merit: 250
August 13, 2017, 04:20:08 AM
If there is no time for trading, then it's really better to stop it because it requires a good analysis. Instead, you can invest or simply hold coins until the price grows to the desired mark.
legendary
Activity: 1512
Merit: 1041
August 13, 2017, 04:14:04 AM
I have been trading for a while, but stopped because I got dizzy from following all these (new) altcoins. I found out it is almost impossible to predict movements on short term. In stead, I do a bit of analysis combined with gutt feeling and buy me a few lower ranked coins with potential. Sit back and wait for the pump to happen.
If you do really make plans on going short term trades then for sure you will do this kind of step but this is somehow risky thing to do because we wont really know if they would pump again or not and thats part of the risk.Its either you will end up on smiling or ending up as a bagholder of shitcoins its just like that.

Your are very right. Until now, it has resulted in a combination of smiles and bags of shitcoins.
Haha, trading is a lethal combo of happy moments and sick ones. We should keep in mind that no business is totally risk free and same is the case of bitcoins.
But I don’t think so we should quit trading by some failures. We should learn from our mistakes. Giving up on trading when the whole world is going after bitcoins, quitting trading is nonsense.
full member
Activity: 160
Merit: 100
August 12, 2017, 09:56:27 AM
I have been trading for a while, but stopped because I got dizzy from following all these (new) altcoins. I found out it is almost impossible to predict movements on short term. In stead, I do a bit of analysis combined with gutt feeling and buy me a few lower ranked coins with potential. Sit back and wait for the pump to happen.
If you do really make plans on going short term trades then for sure you will do this kind of step but this is somehow risky thing to do because we wont really know if they would pump again or not and thats part of the risk.Its either you will end up on smiling or ending up as a bagholder of shitcoins its just like that.

Your are very right. Until now, it has resulted in a combination of smiles and bags of shitcoins.
hero member
Activity: 2730
Merit: 632
August 12, 2017, 05:58:16 AM
I have been trading for a while, but stopped because I got dizzy from following all these (new) altcoins. I found out it is almost impossible to predict movements on short term. In stead, I do a bit of analysis combined with gutt feeling and buy me a few lower ranked coins with potential. Sit back and wait for the pump to happen.
If you do really make plans on going short term trades then for sure you will do this kind of step but this is somehow risky thing to do because we wont really know if they would pump again or not and thats part of the risk.Its either you will end up on smiling or ending up as a bagholder of shitcoins its just like that.
full member
Activity: 160
Merit: 100
August 12, 2017, 05:35:38 AM
I have been trading for a while, but stopped because I got dizzy from following all these (new) altcoins. I found out it is almost impossible to predict movements on short term. In stead, I do a bit of analysis combined with gutt feeling and buy me a few lower ranked coins with potential. Sit back and wait for the pump to happen.
hero member
Activity: 1022
Merit: 538
August 11, 2017, 03:39:46 PM
Just, try to different types of investment. Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $250 around 0.09btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining  instruments  https://futurecoins.io/?ref=abintl and best part you will withdrawal your principle after 24hrs and withdrawal thresholds only 0.0005 btc . please be careful, . these systems have done very well so far but keep in mind they are not proven over time and could be reverse  at any time in the future
From what I read it looks like what you are saying is about an HYIP program, I don't think that is a good idea you are suggesting to a man who has experience in trading to put his money into something that is not guaranteed. Yes they will say that they are giving 3.5% daily but how long will it last? From my personal experience you won't even get your money back. These are the sort of investments you want to avoid putting your money into because the chance of losing your money is quiet high rather than earn something from it.
Hyips are not recommended for the people who want some serious source of income because hyip is like legit site in the early few weeks of that site and it will turn into scam after at least a month. I have been through most of the hyips and that is what their pattern before they turn to scam or something really disappointed for a serious investor.

That is true, I have known several friends who have invested in some cloud mining before and they recruited me but I refused because it was really clear that the site was a scam and was just a matter of time before everyone will going to know it. Although the site was so popular back then and there are a lot of investors, it really turns to scam at the end even if it got some trust already be many in the bitcoin community.
Mining also requires a deep analysis of the site before investing money there. You need to be really cautious before investing into such sites. I am glad that you refused to invest there. Such sites work under proper plans. The first target is to gain the confidence of large investors and later the show they are real faces. We should be really careful of these sites.
sr. member
Activity: 756
Merit: 294
August 11, 2017, 10:42:59 AM
Just, try to different types of investment. Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $250 around 0.09btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining  instruments  https://futurecoins.io/?ref=abintl and best part you will withdrawal your principle after 24hrs and withdrawal thresholds only 0.0005 btc . please be careful, . these systems have done very well so far but keep in mind they are not proven over time and could be reverse  at any time in the future
From what I read it looks like what you are saying is about an HYIP program, I don't think that is a good idea you are suggesting to a man who has experience in trading to put his money into something that is not guaranteed. Yes they will say that they are giving 3.5% daily but how long will it last? From my personal experience you won't even get your money back. These are the sort of investments you want to avoid putting your money into because the chance of losing your money is quiet high rather than earn something from it.
Hyips are not recommended for the people who want some serious source of income because hyip is like legit site in the early few weeks of that site and it will turn into scam after at least a month. I have been through most of the hyips and that is what their pattern before they turn to scam or something really disappointed for a serious investor.
I have the same experience with HYIPs. They are no good for serious investors. Many cases are there when people have fallen victim to these sites. They are scam and I want to make all other investors aware of these HYIPs. Serious investors should simply follow common and basic methods of earning bitcoins and profits.
.

Once it is too good to be true, then there is really very high chance that it is not true. That is why we must be very vigilant and closely guard our coins because in the advent of bitcoin popularity, bad people will do their best to scam others.
hero member
Activity: 910
Merit: 509
August 11, 2017, 10:12:16 AM
Just, try to different types of investment. Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $250 around 0.09btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining  instruments  https://futurecoins.io/?ref=abintl and best part you will withdrawal your principle after 24hrs and withdrawal thresholds only 0.0005 btc . please be careful, . these systems have done very well so far but keep in mind they are not proven over time and could be reverse  at any time in the future
From what I read it looks like what you are saying is about an HYIP program, I don't think that is a good idea you are suggesting to a man who has experience in trading to put his money into something that is not guaranteed. Yes they will say that they are giving 3.5% daily but how long will it last? From my personal experience you won't even get your money back. These are the sort of investments you want to avoid putting your money into because the chance of losing your money is quiet high rather than earn something from it.
Hyips are not recommended for the people who want some serious source of income because hyip is like legit site in the early few weeks of that site and it will turn into scam after at least a month. I have been through most of the hyips and that is what their pattern before they turn to scam or something really disappointed for a serious investor.
I have the same experience with HYIPs. They are no good for serious investors. Many cases are there when people have fallen victim to these sites. They are scam and I want to make all other investors aware of these HYIPs. Serious investors should simply follow common and basic methods of earning bitcoins and profits.
sr. member
Activity: 2506
Merit: 368
August 09, 2017, 07:47:37 AM
Just, try to different types of investment. Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $250 around 0.09btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining  instruments  https://futurecoins.io/?ref=abintl and best part you will withdrawal your principle after 24hrs and withdrawal thresholds only 0.0005 btc . please be careful, . these systems have done very well so far but keep in mind they are not proven over time and could be reverse  at any time in the future
From what I read it looks like what you are saying is about an HYIP program, I don't think that is a good idea you are suggesting to a man who has experience in trading to put his money into something that is not guaranteed. Yes they will say that they are giving 3.5% daily but how long will it last? From my personal experience you won't even get your money back. These are the sort of investments you want to avoid putting your money into because the chance of losing your money is quiet high rather than earn something from it.
Hyips are not recommended for the people who want some serious source of income because hyip is like legit site in the early few weeks of that site and it will turn into scam after at least a month. I have been through most of the hyips and that is what their pattern before they turn to scam or something really disappointed for a serious investor.

That is true, I have known several friends who have invested in some cloud mining before and they recruited me but I refused because it was really clear that the site was a scam and was just a matter of time before everyone will going to know it. Although the site was so popular back then and there are a lot of investors, it really turns to scam at the end even if it got some trust already be many in the bitcoin community.
Don't trust any HYIP websites or saying that they could double or triple your money within just a day or week it doesn't matter. At the end of the day they will going to scam all of you when they have collected enough funds. There is no easy money in this world, if you see if this is too easy to get your money back, do not believe any of this trick.
sr. member
Activity: 756
Merit: 294
August 09, 2017, 06:37:02 AM
Just, try to different types of investment. Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $250 around 0.09btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining  instruments  https://futurecoins.io/?ref=abintl and best part you will withdrawal your principle after 24hrs and withdrawal thresholds only 0.0005 btc . please be careful, . these systems have done very well so far but keep in mind they are not proven over time and could be reverse  at any time in the future
From what I read it looks like what you are saying is about an HYIP program, I don't think that is a good idea you are suggesting to a man who has experience in trading to put his money into something that is not guaranteed. Yes they will say that they are giving 3.5% daily but how long will it last? From my personal experience you won't even get your money back. These are the sort of investments you want to avoid putting your money into because the chance of losing your money is quiet high rather than earn something from it.
Hyips are not recommended for the people who want some serious source of income because hyip is like legit site in the early few weeks of that site and it will turn into scam after at least a month. I have been through most of the hyips and that is what their pattern before they turn to scam or something really disappointed for a serious investor.

That is true, I have known several friends who have invested in some cloud mining before and they recruited me but I refused because it was really clear that the site was a scam and was just a matter of time before everyone will going to know it. Although the site was so popular back then and there are a lot of investors, it really turns to scam at the end even if it got some trust already be many in the bitcoin community.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 09, 2017, 05:43:18 AM
Just, try to different types of investment. Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $250 around 0.09btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining  instruments  https://futurecoins.io/?ref=abintl and best part you will withdrawal your principle after 24hrs and withdrawal thresholds only 0.0005 btc . please be careful, . these systems have done very well so far but keep in mind they are not proven over time and could be reverse  at any time in the future
From what I read it looks like what you are saying is about an HYIP program, I don't think that is a good idea you are suggesting to a man who has experience in trading to put his money into something that is not guaranteed. Yes they will say that they are giving 3.5% daily but how long will it last? From my personal experience you won't even get your money back. These are the sort of investments you want to avoid putting your money into because the chance of losing your money is quiet high rather than earn something from it.
Hyips are not recommended for the people who want some serious source of income because hyip is like legit site in the early few weeks of that site and it will turn into scam after at least a month. I have been through most of the hyips and that is what their pattern before they turn to scam or something really disappointed for a serious investor.
hero member
Activity: 1806
Merit: 672
August 09, 2017, 02:22:33 AM
Just, try to different types of investment. Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $250 around 0.09btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining  instruments  https://futurecoins.io/?ref=abintl and best part you will withdrawal your principle after 24hrs and withdrawal thresholds only 0.0005 btc . please be careful, . these systems have done very well so far but keep in mind they are not proven over time and could be reverse  at any time in the future
From what I read it looks like what you are saying is about an HYIP program, I don't think that is a good idea you are suggesting to a man who has experience in trading to put his money into something that is not guaranteed. Yes they will say that they are giving 3.5% daily but how long will it last? From my personal experience you won't even get your money back. These are the sort of investments you want to avoid putting your money into because the chance of losing your money is quiet high rather than earn something from it.
newbie
Activity: 8
Merit: 0
August 09, 2017, 02:06:54 AM
Just, try to different types of investment. Although , this type of investment has high risk , In my personal experience it pay as promise and my investment returned within 26 days. (I initially invested $250 around 0.09btc and return it back) so,You will get guarantee high return (3.5%+ daily or 0.16% hourly) with cutting edges mining  instruments  https://futurecoins.io/?ref=abintl and best part you will withdrawal your principle after 24hrs and withdrawal thresholds only 0.0005 btc . please be careful, . these systems have done very well so far but keep in mind they are not proven over time and could be reverse  at any time in the future
hero member
Activity: 3052
Merit: 685
August 09, 2017, 01:19:59 AM
It just takes a lot of patience to be able to recover some lost ones by waiting for the right time to sell them. Quit trading is not the right choice, investing in another good platform trying to get luck again.
i have seen most of the people saying that i am going to quit trading and gambling but no one do because if you get into this this is so, addictive that leaving it becomes impossible so, i think trading is such a good way to earn money unless you have some knowledge of it or patience for the right time.
Agree trading is like gambling that even if you lose you still want more you keep saying you want to quit but still go on trade. For me if you failed then make it a lesson and do not do the same mistake again and make it as an inspiration to study and learn trading everyday.
The the idea on how to be profitable in trading is gambling because you need to risk your money to make money, however there is a big different because in gambling you need to choose your bet and if it does not result the same you lose in the game. The basic principle in trading is to buy low and sell high and you  can avoid loses if you will not gonna sell when the price is down, with patience you will get the right price you desired at the right time.
full member
Activity: 254
Merit: 100
August 09, 2017, 01:07:48 AM
It just takes a lot of patience to be able to recover some lost ones by waiting for the right time to sell them. Quit trading is not the right choice, investing in another good platform trying to get luck again.
i have seen most of the people saying that i am going to quit trading and gambling but no one do because if you get into this this is so, addictive that leaving it becomes impossible so, i think trading is such a good way to earn money unless you have some knowledge of it or patience for the right time.
Agree trading is like gambling that even if you lose you still want more you keep saying you want to quit but still go on trade. For me if you failed then make it a lesson and do not do the same mistake again and make it as an inspiration to study and learn trading everyday.
sr. member
Activity: 728
Merit: 250
August 09, 2017, 12:16:41 AM
it's really wise choose!

hold BTC rather than trade!!
Not really, if you are good a trading then the choice is easy trade to your hearts content, but if you suck at it and many people are never going to be good at trading then your best option by far is to hold your bitcoin and avoid trading.
sr. member
Activity: 348
Merit: 250
August 06, 2017, 02:55:02 PM
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.
Why did you choose to quit? I think you can still trade in your spare time, or you can invest in some altcoin. So you can bring it back anytime and see them grow.  Wink
in fact those people who become disappointed in trading they try to quit gambling but to me i think that is the  a good decision, i think you should try to change your trading strategy instead of quiting gambling.
I aslo loss my BTC as him, but I lossed more than him one BTC and I decided forgot trading in one time before earning the amount lossed in this time. I think if still try continue trading again will make my emotion not stable and have many wrong decion soon.
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