I quit trading - page 74. | Bitcointalksearch.org

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: silversurfer1958 on February 08, 2017, 11:38:56 AM

Secure them and Hold on to them.
Or, diversify, take 50% (or some other %)
And buy in to the top ten Cryptocurrencies by Market Cap.

Periodically keep an eye on the top 10 Cryptos by market cap, to make sure you're still invested in the top ten.

Secure in cold storage, and Hold.

Actually not a bad idea.

Trouble is, when you look at the spike in Bitcoin, it affects the value of the other coins as they are all priced in Bitcoin. So while the dollar value goes up, the bitcoin value of the top 10 goes down.

silversurfer1958

full member

Activity: 474

Merit: 111

Secure them and Hold on to them.
Or, diversify, take 50% (or some other %)
And buy in to the top ten Cryptocurrencies by Market Cap.

Periodically keep an eye on the top 10 Cryptos by market cap, to make sure you're still invested in the top ten.

Secure in cold storage, and Hold.

Choy13

member

Activity: 167

Merit: 10

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.

ReLieD

sr. member

Activity: 546

Merit: 255

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

bitllionaire

legendary

Activity: 1120

Merit: 1000

Quote from: pinkpanther03 on February 05, 2017, 06:34:10 AM

Quote from: 21coin on September 21, 2015, 07:26:17 AM

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

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.

yes that is right, gambling is one of the most risky way of making money and i think we should try to play it with extra or with the amount of money that if we lose it will not effect us financially. quitting trading just for starting gambling is not a good decision. because trading is less risky profession and if you have experience and skill of trading the you can surely make money in trading.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: wahb on February 06, 2017, 05:09:16 PM

Quote from: morgand on February 06, 2017, 11:57:58 AM

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.

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.

clickerz

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Backed.Finance

Quote from: markyminer on February 06, 2017, 11:17:34 AM

Quote from: bitbunnny on January 29, 2017, 01:56:14 PM

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."

wahb

sr. member

Activity: 378

Merit: 250

Quote from: morgand on February 06, 2017, 11:57:58 AM

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.

morgand

full member

Activity: 126

Merit: 100

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.

markyminer

hero member

Activity: 532

Merit: 500

Quote from: bitbunnny on January 29, 2017, 01:56:14 PM

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.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: Invester on January 29, 2017, 02:14:08 PM

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.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: pinkpanther03 on February 05, 2017, 06:34:10 AM

Quote from: 21coin on September 21, 2015, 07:26:17 AM

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

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.

Probably, they just invested into a non reputable gambling site, there are a lot of gambling sites here who runs profitable until now and they are in the business for many years already. Just do remember that gambling sites win in the long run and that makes them profitable, we need to mature with the reality so we will not be afraid of putting our money to it.

pinkpanther03

hero member

Activity: 1092

Merit: 501

Quote from: 21coin on September 21, 2015, 07:26:17 AM

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

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.

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: Dr.Osh on January 29, 2017, 01:39:23 PM

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.

player514

legendary

Activity: 1414

Merit: 1039

Quote from: Invester on January 29, 2017, 02:14:08 PM

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.

Invester

sr. member

Activity: 646

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PNNV.COM Live bitcoin price monitor

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.

Potato Chips

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Activity: 2786

Merit: 902

yesssir! 🫡

Quote from: Dr.Osh on January 29, 2017, 01:39:23 PM

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.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

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.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

PredX - AI-Powered Prediction Market

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.

virasog

legendary

Activity: 2954

Merit: 1159

Quote from: bitcampaign on January 28, 2017, 11:44:48 AM

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

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.

Topic: I quit trading - page 74. (Read 242500 times)