Pages:
Author

Topic: I quit trading - page 75. (Read 242500 times)

sr. member
Activity: 336
Merit: 250
January 28, 2017, 07:37:38 PM
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.
As what i have read from op hes trading already for almost 2 years which i could say that its already long enough to make your own methods that would make you profits.He found out that hes not profitable already and seen that he is getting negative profits thats why he decide to quit trading and i think he did a good decision because there are things that wont work on us anytime.
Well i think if he can not actually making a good profit its ok that he will be quit since he is not making a good profit
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..
Well you have a point but every person has different mindset even what things we would advice to him and if he decide to leave or quit trading because he lost then we cant do anything about it since its his own money not ours. Being failed to a certain thing should not be a marker for us to give-up so easily but in the situation of OP i could say that he did the right thing.

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.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
January 28, 2017, 12:11:14 PM
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.
As what i have read from op hes trading already for almost 2 years which i could say that its already long enough to make your own methods that would make you profits.He found out that hes not profitable already and seen that he is getting negative profits thats why he decide to quit trading and i think he did a good decision because there are things that wont work on us anytime.
Well i think if he can not actually making a good profit its ok that he will be quit since he is not making a good profit
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..
Well you have a point but every person has different mindset even what things we would advice to him and if he decide to leave or quit trading because he lost then we cant do anything about it since its his own money not ours. Being failed to a certain thing should not be a marker for us to give-up so easily but in the situation of OP i could say that he did the right thing.
sr. member
Activity: 1890
Merit: 268
Vave.com - Crypto Casino
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
sr. member
Activity: 454
Merit: 250
January 27, 2017, 11:22:27 AM
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?

Well primarily that is why all traders quit. Do you think if they are profiting so much from it they will quit trading? I don't think so. They'll continue trading as long as it is profitable for them. Quitting is not always a loser's move. It's just that maybe trading is not for them, quitting while he's ahead or lost a small amount is a good move, I would say.
yes that is a fact that if a person is getting a good profit form trading why will he want to quit trading, without some exceptional cases where some many have some personal problem moving from one place to another or started some other more profitable business but in common no one will ever like to stop quit gambling if he making good money from trading.
I think that people who are a long time in it, in fact, have a lot of experience and probably like what they're doing. But I think there comes a point where those people have enough money to live for the rest of their lives, and maybe they want to spend more time on other things. Anyway, I think people who really like this will always have some kind of contact with the business.
legendary
Activity: 1638
Merit: 1046
January 26, 2017, 09:58:50 AM
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.
As what i have read from op hes trading already for almost 2 years which i could say that its already long enough to make your own methods that would make you profits.He found out that hes not profitable already and seen that he is getting negative profits thats why he decide to quit trading and i think he did a good decision because there are things that wont work on us anytime.
Well i think if he can not actually making a good profit its ok that he will be quit since he is not making a good profit
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..
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
January 26, 2017, 09:16:35 AM
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.
As what i have read from op hes trading already for almost 2 years which i could say that its already long enough to make your own methods that would make you profits.He found out that hes not profitable already and seen that he is getting negative profits thats why he decide to quit trading and i think he did a good decision because there are things that wont work on us anytime.
hero member
Activity: 532
Merit: 500
January 26, 2017, 08:39:07 AM
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.
full member
Activity: 199
Merit: 100
January 25, 2017, 04:43:20 AM
So no profit from the trading over 2 years? If you store them in a cold storage you will be in profit now, according to the btc price now.
hero member
Activity: 588
Merit: 500
January 25, 2017, 04:28:42 AM
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?

Well primarily that is why all traders quit. Do you think if they are profiting so much from it they will quit trading? I don't think so. They'll continue trading as long as it is profitable for them. Quitting is not always a loser's move. It's just that maybe trading is not for them, quitting while he's ahead or lost a small amount is a good move, I would say.
yes that is a fact that if a person is getting a good profit form trading why will he want to quit trading, without some exceptional cases where some many have some personal problem moving from one place to another or started some other more profitable business but in common no one will ever like to stop quit gambling if he making good money from trading.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
January 24, 2017, 10:11:58 AM
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?

Well primarily that is why all traders quit. Do you think if they are profiting so much from it they will quit trading? I don't think so. They'll continue trading as long as it is profitable for them. Quitting is not always a loser's move. It's just that maybe trading is not for them, quitting while he's ahead or lost a small amount is a good move, I would say.

Unless they find a more rewarding occupation or business

And not necessarily more rewarding in monetary terms. Let's be honest, trading is a risky business, you have to be always on alert as well as ready to act without delay, and it is telling on your psyche and state of mind. You may even end up in an asylum eventually (or jump out the window). Sometimes, it is not worth the effort even if you come to substitute trading with something less profitable but more pleasant overall
hero member
Activity: 896
Merit: 514
January 24, 2017, 03:53:27 AM
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?

Well primarily that is why all traders quit. Do you think if they are profiting so much from it they will quit trading? I don't think so. They'll continue trading as long as it is profitable for them. Quitting is not always a loser's move. It's just that maybe trading is not for them, quitting while he's ahead or lost a small amount is a good move, I would say.
hero member
Activity: 1022
Merit: 500
January 24, 2017, 02:52:10 AM
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?
hero member
Activity: 840
Merit: 502
January 23, 2017, 11:17:12 PM
I'd just keep the BTC though..
Price is still going up!

yes just trust your self on trading and thanks to you for updating me that price pumping right now. Trading is a matter of fact that you controlled your own money by your prediction or instinct that how you will keep flow of money that you holding on your hand that can make a cause of positive and negative result, like this bitcoin just buy low and sell it high when the days come.
to quit trading is not the right solution, i think if you want to become a good trader you need to have strong decision power and only then you can make a good profit in trading. therefor you need to change your strategy and not to quit gambling.
The op dedicated 2 full years to trading and he did not make any profit out of it he could have been better just holding his coins, so there are times where the right thing to do is to give up and move on.

I totally agree with you at times the best thing to do is to quit, trading requires a high level of discipline to succeed in it on the long run, and what most people don't understand is that when you make a profit, someone out there is losing money. I tried trading myself and I realise it is not meant for me and I decided to drop it.
It does not mean you cannot try again later but if things don't work out you can give up for the time being sometimes I don't understand a subject only to realize weeks or months later of my mistakes I made and then everything becomes a lot clearer and I have better understanding of what happened.
full member
Activity: 126
Merit: 100
January 23, 2017, 02:56:39 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.

So, after 2 years hard and bloody work you end up with not so small minus. There is new topic every few days about how to make more money, I hope I wont see another "start trading" advice. Like people dont realize its really not that easy, that you gotta learn for years, lose some money on the way to even call yourself trading beginner. And I dont think people posting those threads have much bitcoin to spare, otherwise they wouldnt ask those questions.
hero member
Activity: 672
Merit: 500
January 23, 2017, 10:55:28 AM
I come to a point where I need to question my staying in trading. I give it a try, but I lost too much. And several times I said no more and after some time I come back and try again.
I'm quitting, but I will not run away when I hear for some good investment coin. When I see some good tip I will try to cut my losses a bit.
Its  really good to  put  up  money when you saw theres a  potential  or opportunity that we could able to earn from it.  Trading  may not  for us  for some   time but  with  the help of others such  as giving   us some  tips we could somehow  follow them and  luckily could able  to make profits. Quiting  is not  a way though   but   if  you learn  how  to  dive  up  opportunities  then  its really a good  move anytime.
In trading, we should know the price movement that happened in last month, last week, last day and today,
so we will easily read the suitable price to us trade it. I suggest to trade Iconomi coin (ICN),
I think, Now, this is the best coin for trade.
ICN and some other coins are really better to trade but nowadays focusing on these altcoin is not good because nowadays the time is to invest in bitcoin only because the price of bitcoin is increasing much higher. The bitcoin investors will earn higher than any altcoin investor.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
January 23, 2017, 10:51:00 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.

That is what you get for trading a zero sum game, you have just basically gambled, while the exchanges got guaranteed commissions out of you.

It's the oldest trick in the book, you took the risk, they took the sure path.


The markets are efficient, you cant make money over longterm by trading, it's essentially gambling. Its a zero sum game. Congrats, you learned the lesson the hard way.
hero member
Activity: 896
Merit: 500
January 23, 2017, 10:29:43 AM
I come to a point where I need to question my staying in trading. I give it a try, but I lost too much. And several times I said no more and after some time I come back and try again.
I'm quitting, but I will not run away when I hear for some good investment coin. When I see some good tip I will try to cut my losses a bit.
Its  really good to  put  up  money when you saw theres a  potential  or opportunity that we could able to earn from it.  Trading  may not  for us  for some   time but  with  the help of others such  as giving   us some  tips we could somehow  follow them and  luckily could able  to make profits. Quiting  is not  a way though   but   if  you learn  how  to  dive  up  opportunities  then  its really a good  move anytime.
In trading, we should know the price movement that happened in last month, last week, last day and today,
so we will easily read the suitable price to us trade it. I suggest to trade Iconomi coin (ICN),
I think, Now, this is the best coin for trade.
hero member
Activity: 1190
Merit: 511
January 23, 2017, 10:15:27 AM
If trading is not your passion better you quit trading. I couldn't agree more with your decision. For now i think you can use your remains bitcoin to other business. I prefer you to invest your bitcoin to legitimate site that bitcoin related, mining and multi pool is also very good ways .
That is true, don't ever go in to the situation where you don't see yourself working, if you really think that trading is not good for you then quit, find something where you can be succeed on. Not all people became wealthy by just trading so don't limit yourself. If you don't want to devote your time doing trading then just buy bitcoin and wait for the perfect time to sell as simple as that.
legendary
Activity: 1526
Merit: 1179
January 23, 2017, 09:44:38 AM
If trading is not your passion better you quit trading. I couldn't agree more with your decision. For now i think you can use your remains bitcoin to other business. I prefer you to invest your bitcoin to legitimate site that bitcoin related, mining and multi pool is also very good ways .
Mining is simply not interesting enough (if you ever turn out to make profit at all) with the difficulty being in a constant upwards movement. And this is not likely going to stop any time soon.

But digging a bit further in your recommendation of investing in legitimate Bitcoin related sites, what do you then specifically refer to? Investing in casino bank rolls? Investing in certain beginning services?

If you purely look at how hodlers have been doing compared to whatever legitimate investment option, then it's safe to assume that hodling easily outclassed everything.

Mainly when you consider that when you do choose to invest in whatever legitimate site or service, the offered rewards are quite poor. That's why they are only worthwhile when investing amounts like +100BTC.

But then again, there are only a very few people with that many coins where they also have to agree to invest it somewhere. It's not all that easy. Even at legitimate sites or services your precious coins are at risk.
sr. member
Activity: 454
Merit: 250
January 23, 2017, 09:14:27 AM
If trading is not your passion better you quit trading. I couldn't agree more with your decision. For now i think you can use your remains bitcoin to other business. I prefer you to invest your bitcoin to legitimate site that bitcoin related, mining and multi pool is also very good ways .
But I think if a person is not that much better in trading then he will not be able to start a business or any other work which will be more tricky in than trade. As according to my views if a person spend that much time in trade then he do not leave but earn a good income.
If the person does not have much capital and experience to be a trader, opening a business can be a more profitable activity. This will depend on the business, of course, and the conditions present in the market. Starting a business in the cryptocurrency space may be a good idea, especially because it is a field that is still in the early stages of development.
Pages:
Jump to: