Topic: I quit trading - page 74. (Read 242602 times)
Some may consider quitting trading if he/she doesn't have enough time and focus for it .Because in trading one should have dedication and luxury of time to manage transactions . So whenever someone want to start trading he/she consider that in the world of trading we need to work hard to earn and have some good transaction . If you don't want to be bored just do some other things like joining to campaign here in forum to earn bitcoin and to use it for trading.
That is a pretty high amount .
You can buy whatever you want with that.
Now if you want to invest that money and make huge profits with that , then invest them in bitcoin itself.
And btw , you just mentioned that you have no regret in loosing
7 BTC as it taught you how to trade and use your bitcoin ,
so probably you should have enough knowledge and
experience by now as to where you want to store your BTC
You can buy whatever you want with that.
Now if you want to invest that money and make huge profits with that , then invest them in bitcoin itself.
And btw , you just mentioned that you have no regret in loosing
7 BTC as it taught you how to trade and use your bitcoin ,
so probably you should have enough knowledge and
experience by now as to where you want to store your BTC
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
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
Your advice and suggestion is very risky, as we all know that many of the community who tried in gambling site to invest in, they're end up of crying because they've loss money in it. And being a good and expert trader quitting is not their true characteristics, because we have saying that quitter always a loser and winner always win.
Its nice to quiting trading when you got some profit and it is not that bad if you are going to quit trading because you can make another investment.
But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.
but i think it is not good to quit trading if you are just doing so because you lost money in trading. i think if you have lost some money in trading you do not need to quit trading, but you need to change your trading strategy and planning and hope that next time you will not lose money in trading. But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.
People that quit trading have mostly already tried out whatever strategy they think is worthy of trying in order to change from constantly losing money, to finally making profits. If after that all there still is no difference, then the only right decision will be to simply withdraw yourself from trading. It takes courage to admit that and to quit as result. Much better than empty headed people constantly losing money where they don't know what they do wrong.
Trading is not an easy job and if you face some failure and losses you can easily find your self in situation to give up. Setting up clear your limits and goals could help maybe not to give up as well as the fact that you will become more experienced and skilled with time so your trading position will be better. Stick to your goal and don't give up, trading is still one of the best ways to earn Bitcoins.
i think those people who do not have good experience in trading, can disappointed in trading when losing money. but i think mature trader always com promise and understand the situation. if they lose money in trading even then they do not disappointed, but they just change their planning and strategy about trading, and try again again but do not disappointed. That is true, and since trading is a risky one but if you are a risk taker it pays off also. From your mistakes, take it as a lesson and make a new and proven strategy.Patience is really needed in trading, and the lesson to learned.It is very important to know the updates always.When you trade as an investment,always remember that "You spend only the amount you can afford to lose."
Its nice to quiting trading when you got some profit and it is not that bad if you are going to quit trading because you can make another investment.
But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.
but i think it is not good to quit trading if you are just doing so because you lost money in trading. i think if you have lost some money in trading you do not need to quit trading, but you need to change your trading strategy and planning and hope that next time you will not lose money in trading. But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.
Its nice to quiting trading when you got some profit and it is not that bad if you are going to quit trading because you can make another investment.
But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.
But now Bitcoin price is growing up since you start trading, you can use your 40BTC for anything man. Buy a car maybe lol. Good Luck out there.
Trading is not an easy job and if you face some failure and losses you can easily find your self in situation to give up. Setting up clear your limits and goals could help maybe not to give up as well as the fact that you will become more experienced and skilled with time so your trading position will be better. Stick to your goal and don't give up, trading is still one of the best ways to earn Bitcoins.
i think those people who do not have good experience in trading, can disappointed in trading when losing money. but i think mature trader always com promise and understand the situation. if they lose money in trading even then they do not disappointed, but they just change their planning and strategy about trading, and try again again but do not disappointed. Sometimes it made me think which is easier to trade stocks, forex or crypto? Stocks are the most stable and reliable I believe although it has some whales and some pump and dump but at least not as scary as crypto and the well manipulated forex trade. But the higher the risk the higher its rewards which is forex, crypto and stocks.
If you purely focus on well established company stocks, then they are way less subject to volatility than for example Bitcoin and other altcoins. However, there are enough penny stocks that you can dive into if you like volatility. But the thing als you also mentioned is, the greater the potential rewards, the greater the risks. In that regard, I don't see much difference when it comes to certain extremely low valued penny stocks and altcoin trading. In some cases it's not for nothing that the stock prices have sinked so deep. Both options are subject to heavy pumps and dumps from time to time. It's basically a pure gamble. Important is that you understand and agree that you're exposing yourself to insanely high risks.
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
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
Your advice and suggestion is very risky, as we all know that many of the community who tried in gambling site to invest in, they're end up of crying because they've loss money in it. And being a good and expert trader quitting is not their true characteristics, because we have saying that quitter always a loser and winner always win.
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
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
Your advice and suggestion is very risky, as we all know that many of the community who tried in gambling site to invest in, they're end up of crying because they've loss money in it. And being a good and expert trader quitting is not their true characteristics, because we have saying that quitter always a loser and winner always win.
sometimes, a lot of people who want to get out of trading for a reason, and the most common reasons is that they have tired of waiting pump of a altcoin. Well, they easily give up, and do not want to continue anymore. I feel might be good if they find a place to get bitcoin else, but if not, I think it would be a loss.
Maybe if you are just a trader alone, I mean you just try it in your own there is a tendency that you'll panic if you see that the price of the coin you are trading goes down and down from time to time. But, if you have a friend or family who are expert and does trading they can lift you up not to give up since it is always part of trading when losing. If you don't have friend/relatives who does then do research of a successful traders for you to inspire. If nothing happens, then you should really quit. Sometimes it made me think which is easier to trade stocks, forex or crypto? Stocks are the most stable and reliable I believe although it has some whales and some pump and dump but at least not as scary as crypto and the well manipulated forex trade. But the higher the risk the higher its rewards which is forex, crypto and stocks.
I'm pretty sure it all boils down to how much bitcoin you have to invest. If you can put a lot of money into stocks, then you can do very well as long as you don't get greedy and watch for volatile ones. However, if you have a smaller amount and you are willing to risk the fact of losing your bitcoin, then it would probably make sense to do crypto because stocks will make you hardly anything.
Sometimes it made me think which is easier to trade stocks, forex or crypto? Stocks are the most stable and reliable I believe although it has some whales and some pump and dump but at least not as scary as crypto and the well manipulated forex trade. But the higher the risk the higher its rewards which is forex, crypto and stocks.
sometimes, a lot of people who want to get out of trading for a reason, and the most common reasons is that they have tired of waiting pump of a altcoin. Well, they easily give up, and do not want to continue anymore. I feel might be good if they find a place to get bitcoin else, but if not, I think it would be a loss.
Yes that's the most used reason and honestly I get thoughts to quit because of that from time to time and I think everyone does
cause all of us don't wanna lose our money, You can't help it. It's normal but I don't know if this is the right thing but there is
always a way to cope up with these kind of problems. As for me, When I get this thoughts, I just have to feel motivated by
remembering why I started trading and my long term goals with it.
Trading is not an easy job and if you face some failure and losses you can easily find your self in situation to give up. Setting up clear your limits and goals could help maybe not to give up as well as the fact that you will become more experienced and skilled with time so your trading position will be better. Stick to your goal and don't give up, trading is still one of the best ways to earn Bitcoins.
sometimes, a lot of people who want to get out of trading for a reason, and the most common reasons is that they have tired of waiting pump of a altcoin. Well, they easily give up, and do not want to continue anymore. I feel might be good if they find a place to get bitcoin else, but if not, I think it would be a loss.
to trade you also do not have to trade using your bitcoin with altcoin exchange, you could see here for a better you could try to look at this to buy some stock in trade of MERCATOX sites, you can hold their shares by buying Merca
https://bitcointalksearch.org/topic/m.17637846
https://bitcointalksearch.org/topic/m.17637846
Well, i think people should need trust, and also i am, Because many persons are here who want to do in investment or altcoin trading, But if we don't do it behind the reason, people have no trust on any sites. But i am with you, it is quite trustable trade of Mercatox site.
There are so many reason when we talk about the world "QUIT TRADING". Perhaps you are quitting due to always loss of money, Your quitting because you became impatience of waiting, or your giving up because you are tired of doing it were you felt nothing is happening good on your trading, something like that. But as we all know, Loser always quit, and Winner always win so which of these really who you are?
if a person is quitting gambling because of losing money, so i am not in favour of this. disappointment is not the solution, i think quitting gambling is not a good idea. you should try to change your trading strategy, your planning and hope that you will get better result.But it is not the case for those who are making good profit in trading to stop making profit in trading.. not all people will be the same path and i think it will still depends in your methods or strategy. in trading you should do test and success if you fail just repeat since you fail its an experience that you can start again that you can use your experience from the beginning of new trading journey..
Yeah OP did the the right thing but there would be many people who will not quit trading so easily there will be many who will try to recover their loss but if you feel that trading is not the right place to make money then its better to quit trading and find some other ways of making money.
There are so many reason when we talk about the world "QUIT TRADING". Perhaps you are quitting due to always loss of money, Your quitting because you became impatience of waiting, or your giving up because you are tired of doing it were you felt nothing is happening good on your trading, something like that. But as we all know, Loser always quit, and Winner always win so which of these really who you are?
if a person is quitting gambling because of losing money, so i am not in favour of this. disappointment is not the solution, i think quitting gambling is not a good idea. you should try to change your trading strategy, your planning and hope that you will get better result.But it is not the case for those who are making good profit in trading to stop making profit in trading.. not all people will be the same path and i think it will still depends in your methods or strategy. in trading you should do test and success if you fail just repeat since you fail its an experience that you can start again that you can use your experience from the beginning of new trading journey..
Jump to: