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Topic: I quit trading - page 80. (Read 242500 times)

hero member
Activity: 3024
Merit: 745
Top Crypto Casino
December 26, 2016, 04:51:29 AM
i think its good time to hold your bitcoin because bitcoin increasing its price more and more and a lot of people getting and making a big profit who hold their bitcoin so it really good time to more hold your bitcoin and get a big profit in the future .
crossing 900 USD is really a remarkable increase, i was predicted that the price of bitcoin will cross 1000 USD, at the end of 2016. Now look like my prediction is going correct. i think still the price of bitcoin has a good potential to increase.
When seeing your predictions come true, those who had quit bitcoin trading in between times must be regretting for their action. But, I have seen many traders who had quit trading but actively holding some bitcoin for their future use so those had quit also might be saving some bitcoin. This is indirectly showing the attractiveness of bitcoin.

Only Few people holding bitcoin, many people out there are still trading bitcoins even for low profits. That how trading will be, most of the expert traders won't look for future, they look for their daily profits.

Yes those traders who is making trading of alt coins as main source of their living they are looking and prefer to gain profits on a daily basis. And for those people who are not good enough in trading they can just simply try to hold for a long time so there is no way to quit in trading as holding does, you are still trading but you are just totally do nothing.
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
December 26, 2016, 01:03:30 AM
i think its good time to hold your bitcoin because bitcoin increasing its price more and more and a lot of people getting and making a big profit who hold their bitcoin so it really good time to more hold your bitcoin and get a big profit in the future .
crossing 900 USD is really a remarkable increase, i was predicted that the price of bitcoin will cross 1000 USD, at the end of 2016. Now look like my prediction is going correct. i think still the price of bitcoin has a good potential to increase.
When seeing your predictions come true, those who had quit bitcoin trading in between times must be regretting for their action. But, I have seen many traders who had quit trading but actively holding some bitcoin for their future use so those had quit also might be saving some bitcoin. This is indirectly showing the attractiveness of bitcoin.

Only Few people holding bitcoin, many people out there are still trading bitcoins even for low profits. That how trading will be, most of the expert traders won't look for future, they look for their daily profits.
legendary
Activity: 2954
Merit: 1159
December 26, 2016, 12:04:09 AM
I would suggest to invest it somewhere. Hire some people and start an online business for something you get in your locality. I did that with my money and it is quiet successful.  Smiley
But usually people here are suggesting to re-start trading after gaining required skills. Because if a trader decided to quit trading due to losses then he must want to recover his losses only from trading. But I like your suggestions. It would be better to get into a complete new business and starting a new life.
should keep trying until we can get the appropriate results. a lot of people who just have a little spirit.
we must have a focus and belief that we can be a trader. it will help any trader to have confidence.

I guess, if you have the same result again and again with failure result, better find another way because your way is not that effective, look for another thing or way where you can excel and earn more, you must not be stagnant on your earning it should be increasing.

If you always get same bad result again and again then you need to change your strategy or the way how you trade different crypto-currencies either it is bitcoin or altcoins. Never give up, Take your failures as a lesson and basis on making decision in the future. Failure is always part of the game.

I have been trading and investing for some years in stock market as well as in Cryptos. I  just got to say that I made more money by investing rather than trading. Trading, at the end of the day has only helped me in burning my money.
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
December 25, 2016, 10:58:26 PM
Traders =! bitcoin supporters, a lot of traders join the bitcoin community just to make money, not because they believe in bitcoin/blockchain. Of course there are others that believe in bitcoin and also trade, so it would make sense that they would hold their bitcoins. Smiley
I find that line of argument illogical as something must hold some interest for you before you might want to have confidence and willing to identify with it! The traders trying to get some profit from bitcoin, yes are attracted by the potential for profit making and by so doing, are invariably promoting bitcoin by contributing to its market capitalization, volumes of trade and patronage of companies doing businesses with bitcoin. What is more?
Well honestly trading is giving more chance to get more profit and if you can stay in legit coins you can be still far in losing a large amount in bitcoin..instead it can gives your more opportunity to get earn unlike in gambling casino.
If I were to choose between the two, I would certainly choose trading over gambling, I have many years in gambling and it does not bring me great profit, in fact with the way I treat it now, I just do it for fun and that is a statement that I cannot win in gambling so I totally accepted it.

With trading, though the income is totally base on how much your capital but if you are extremely good, it would be easy to double your money.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
December 25, 2016, 07:36:23 PM
Traders =! bitcoin supporters, a lot of traders join the bitcoin community just to make money, not because they believe in bitcoin/blockchain. Of course there are others that believe in bitcoin and also trade, so it would make sense that they would hold their bitcoins. Smiley
I find that line of argument illogical as something must hold some interest for you before you might want to have confidence and willing to identify with it! The traders trying to get some profit from bitcoin, yes are attracted by the potential for profit making and by so doing, are invariably promoting bitcoin by contributing to its market capitalization, volumes of trade and patronage of companies doing businesses with bitcoin. What is more?
Well honestly trading is giving more chance to get more profit and if you can stay in legit coins you can be still far in losing a large amount in bitcoin..instead it can gives your more opportunity to get earn unlike in gambling casino.
hero member
Activity: 714
Merit: 500
December 25, 2016, 07:29:52 PM
asking someone to tell u how to use your own money...... it might not end up with what you want to do with the money, for now maybe you have nothing really tangible to do with it, start up a business to get more or keep it safe for future purposes, it might be needful tomorrow more than today....

Hahhaha, this is indeed very funny indeed if no one is willing to help him to find the money in it. Because I am sure all those who are now able to earn an income are those who used to be just like him. But now they do not want to divide it.?? , is this something a good thing ..?? . The business is indeed a much better thing than have to aspire to become a company employee and my respect to those who want to start a business during the sinking, because it would give them far greater experience than those who start a business when it already has all of the
sr. member
Activity: 588
Merit: 251
December 25, 2016, 07:23:46 PM
asking someone to tell u how to use your own money...... it might not end up with what you want to do with the money, for now maybe you have nothing really tangible to do with it, start up a business to get more or keep it safe for future purposes, it might be needful tomorrow more than today....
hero member
Activity: 1134
Merit: 517
December 25, 2016, 09:49:57 AM
Traders =! bitcoin supporters, a lot of traders join the bitcoin community just to make money, not because they believe in bitcoin/blockchain. Of course there are others that believe in bitcoin and also trade, so it would make sense that they would hold their bitcoins. Smiley
I find that line of argument illogical as something must hold some interest for you before you might want to have confidence and willing to identify with it! The traders trying to get some profit from bitcoin, yes are attracted by the potential for profit making and by so doing, are invariably promoting bitcoin by contributing to its market capitalization, volumes of trade and patronage of companies doing businesses with bitcoin. What is more?
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 25, 2016, 04:02:56 AM
I would suggest to invest it somewhere. Hire some people and start an online business for something you get in your locality. I did that with my money and it is quiet successful.  Smiley
But usually people here are suggesting to re-start trading after gaining required skills. Because if a trader decided to quit trading due to losses then he must want to recover his losses only from trading. But I like your suggestions. It would be better to get into a complete new business and starting a new life.
should keep trying until we can get the appropriate results. a lot of people who just have a little spirit.
we must have a focus and belief that we can be a trader. it will help any trader to have confidence.

I guess, if you have the same result again and again with failure result, better find another way because your way is not that effective, look for another thing or way where you can excel and earn more, you must not be stagnant on your earning it should be increasing.

If you always get same bad result again and again then you need to change your strategy or the way how you trade different crypto-currencies either it is bitcoin or altcoins. Never give up, Take your failures as a lesson and basis on making decision in the future. Failure is always part of the game.
hero member
Activity: 812
Merit: 500
December 25, 2016, 03:05:36 AM
I would suggest to invest it somewhere. Hire some people and start an online business for something you get in your locality. I did that with my money and it is quiet successful.  Smiley
But usually people here are suggesting to re-start trading after gaining required skills. Because if a trader decided to quit trading due to losses then he must want to recover his losses only from trading. But I like your suggestions. It would be better to get into a complete new business and starting a new life.
should keep trying until we can get the appropriate results. a lot of people who just have a little spirit.
we must have a focus and belief that we can be a trader. it will help any trader to have confidence.

I guess, if you have the same result again and again with failure result, better find another way because your way is not that effective, look for another thing or way where you can excel and earn more, you must not be stagnant on your earning it should be increasing.
legendary
Activity: 1090
Merit: 1000
December 24, 2016, 04:55:05 PM
I appreciate the OPs honest post. He was smart enough to call it quits before he lost more. Was he trading altcoins? If so, a good lesson for everyone.

Holding bitcoin is the only "relatively" safe way to grow your investment. Wait for it to go up and sell. Wait for it to go down and buy.  Its a waiting game and those with patience win. 

No fast money in altcoins anymore unless you are on the inside of a scam or pump.

I hope the OP stayed away from alts. Holding bitcoin long term has proven to be extremely profitable.
hero member
Activity: 700
Merit: 500
December 24, 2016, 03:48:01 PM
Taking into account the experience gained, in fact a loss of 7 btc over two years of trading is not so significant if we take into account that you started  this business without prior trading knowledge. It is a shame that you can not continue, because I am sure the good times were just beginning.
I guess quitting trading does not need to be permanent and taking some break to sharpen their skill must be inevitable for a trader who was continuously facing losses. Instead of struggling with continuous losses, stopping it must be a better idea in my opinion too.

I'm not sure about OP's idea about resuming trading. But I strongly believe any trader will be able to quit trading completely, so he also will join trading soon.
hero member
Activity: 966
Merit: 507
December 24, 2016, 03:30:32 PM
Taking into account the experience gained, in fact a loss of 7 btc over two years of trading is not so significant if we take into account that you started  this business without prior trading knowledge. It is a shame that you can not continue, because I am sure the good times were just beginning.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
December 24, 2016, 02:54:15 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.
you should probably invest your bitcoin in to a gambling site and your bankroll is
so big or should bet on sports their are alot of tipsters out there that have a good stats
and lastly why not buy goods with your bitcoin instead of losing your bitcoin

I guess your suggestion is big and very risky for him invest to gambling, since you have a lot of option to choose on how can you regenerate your money like it into business after you get your money into your wallet already.


Gambling is very risky and i also lost my bitcoin in huge amount in gambling and now i forgot the gambling and now i am trying to invest my bitcoin in trading and other online business and i hope i will be make a good profit in the future .
yes there is no doubt about this that gambling is more risky as compare to trading, therefore you need to be careful while playing trading, as you should set a target for yourself even on both side, loosing or winning.

Investing in gambling using the money is acceptable because if you invest it in the right site then it will be

certainly profitable but betting it on a gambling is a different story. As you all know that the house often wins

like 70% chance that the house will win and the other 30% will be the chance that the players will win. Yes the

bigger the amount you bet the bigger your profits will be and if it's not your day your loss will be bigger also.

That's why many people here are saying that gamble only what you can afford to lose.
MMA
legendary
Activity: 1134
Merit: 1000
December 24, 2016, 02:40:31 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.
you should probably invest your bitcoin in to a gambling site and your bankroll is
so big or should bet on sports their are alot of tipsters out there that have a good stats
and lastly why not buy goods with your bitcoin instead of losing your bitcoin

I guess your suggestion is big and very risky for him invest to gambling, since you have a lot of option to choose on how can you regenerate your money like it into business after you get your money into your wallet already.


Gambling is very risky and i also lost my bitcoin in huge amount in gambling and now i forgot the gambling and now i am trying to invest my bitcoin in trading and other online business and i hope i will be make a good profit in the future .
yes there is no doubt about this that gambling is more risky as compare to trading, therefore you need to be careful while playing trading, as you should set a target for yourself even on both side, loosing or winning.
sr. member
Activity: 462
Merit: 250
December 24, 2016, 07:25:01 AM
i think its good time to hold your bitcoin because bitcoin increasing its price more and more and a lot of people getting and making a big profit who hold their bitcoin so it really good time to more hold your bitcoin and get a big profit in the future .
crossing 900 USD is really a remarkable increase, i was predicted that the price of bitcoin will cross 1000 USD, at the end of 2016. Now look like my prediction is going correct. i think still the price of bitcoin has a good potential to increase.
When seeing your predictions come true, those who had quit bitcoin trading in between times must be regretting for their action. But, I have seen many traders who had quit trading but actively holding some bitcoin for their future use so those had quit also might be saving some bitcoin. This is indirectly showing the attractiveness of bitcoin.
Traders =! bitcoin supporters, a lot of traders join the bitcoin community just to make money, not because they believe in bitcoin/blockchain. Of course there are others that believe in bitcoin and also trade, so it would make sense that they would hodl their bitcoins. Smiley
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 24, 2016, 06:08:19 AM
i think its good time to hold your bitcoin because bitcoin increasing its price more and more and a lot of people getting and making a big profit who hold their bitcoin so it really good time to more hold your bitcoin and get a big profit in the future .
crossing 900 USD is really a remarkable increase, i was predicted that the price of bitcoin will cross 1000 USD, at the end of 2016. Now look like my prediction is going correct. i think still the price of bitcoin has a good potential to increase.
When seeing your predictions come true, those who had quit bitcoin trading in between times must be regretting for their action. But, I have seen many traders who had quit trading but actively holding some bitcoin for their future use so those had quit also might be saving some bitcoin. This is indirectly showing the attractiveness of bitcoin.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
December 24, 2016, 06:05:43 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.

if his BTC is on a cold storage until now. I think he is pretty rich right now. And he will go back to being a trader. The 7 BTC deficit will be covered due to bitcoin price. This man now is taking a shower of money. If he follows some advice back then when someone advice to keep it in a cold storage than selling or spending his bitcoin. Then he will be thanking a lot of people here.
hero member
Activity: 1134
Merit: 517
December 24, 2016, 05:43:05 AM
Now the question is: what the fuck do i do now with my money.

Leave it on black day, or on gold day when BTC will be cost 1000$
If you had taken this advice back then, it would have been well worth it as the $1000 per BTC is now staring us in the face. Investing in bitcoin itself is turning out one of the best performers these few years and I think it is going to attract many more investors and speculators in the coming years, which can be a pointer that the rates would stay mouth watering for sometime.

So, did you really took the advice or what decision did you eventually settle for?
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
December 24, 2016, 03:06:00 AM
i think its good time to hold your bitcoin because bitcoin increasing its price more and more and a lot of people getting and making a big profit who hold their bitcoin so it really good time to more hold your bitcoin and get a big profit in the future .
crossing 900 USD is really a remarkable increase, i was predicted that the price of bitcoin will cross 1000 USD, at the end of 2016. Now look like my prediction is going correct. i think still the price of bitcoin has a good potential to increase.
It's our success dude, we are too optimistic that the price of bitcoin will hit $1,000 by the end of the year, and I guess it's going to happen. We should have a very good year and a good Christmas due to this blessings, therefore I can say that those who are having so much patience that they sold their bitcoins when crisis happen, are not having a success now, and despite of that, I still hope their Christmas would be merry.
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