I quit trading - page 89. | Bitcointalksearch.org

robustnet

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Quote from: richardsNY on October 17, 2016, 03:24:34 AM

Quote from: bamboylee on October 17, 2016, 01:01:49 AM

Quote from: richardsNY on October 16, 2016, 05:43:52 PM

Quote from: 1Referee on October 16, 2016, 04:31:20 PM

Quote from: Shiroslullaby on October 16, 2016, 09:00:27 AM

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.

A true trader will not do that. If a trader lose, he will just shrugged that and work again. Losing is a part of trading, you cannot get away from that. All you have to do is accept that and up your game.

Solid traders indeed move forward quickly when making a bad trade that costs them money, but I am not talking about these traders. I am talking about the people that can't accept any losses, and don't know what they did wrong, and when to stop.

Quote

Solid traders indeed move forward quickly when making a bad trade that costs them money,

Thats very good thought.

richardsNY

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Activity: 1232

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Quote from: bamboylee on October 17, 2016, 01:01:49 AM

Quote from: richardsNY on October 16, 2016, 05:43:52 PM

Quote from: 1Referee on October 16, 2016, 04:31:20 PM

Quote from: Shiroslullaby on October 16, 2016, 09:00:27 AM

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.

A true trader will not do that. If a trader lose, he will just shrugged that and work again. Losing is a part of trading, you cannot get away from that. All you have to do is accept that and up your game.

Solid traders indeed move forward quickly when making a bad trade that costs them money, but I am not talking about these traders. I am talking about the people that can't accept any losses, and don't know what they did wrong, and when to stop.

robustnet

newbie

Activity: 6

Merit: 0

Quote from: mirakal on October 17, 2016, 02:36:07 AM

Quote from: bamboylee on October 17, 2016, 01:01:49 AM

Quote from: richardsNY on October 16, 2016, 05:43:52 PM

Quote from: 1Referee on October 16, 2016, 04:31:20 PM

Quote from: Shiroslullaby on October 16, 2016, 09:00:27 AM

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.

A true trader will not do that. If a trader lose, he will just shrugged that and work again. Losing is a part of trading, you cannot get away from that. All you have to do is accept that and up your game.

Not all the time, sometimes we need to choose our battle and if we feel we have no chance after all the effort we made we need to accept the reality that trading is not for everyone, and that's what OP is doing.

Very well said guys. I am just trying to start trading, reading your insights will be profitable in my new ventures.

mirakal

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Quote from: bamboylee on October 17, 2016, 01:01:49 AM

Quote from: richardsNY on October 16, 2016, 05:43:52 PM

Quote from: 1Referee on October 16, 2016, 04:31:20 PM

Quote from: Shiroslullaby on October 16, 2016, 09:00:27 AM

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.

A true trader will not do that. If a trader lose, he will just shrugged that and work again. Losing is a part of trading, you cannot get away from that. All you have to do is accept that and up your game.

Not all the time, sometimes we need to choose our battle and if we feel we have no chance after all the effort we made we need to accept the reality that trading is not for everyone, and that's what OP is doing.

bamboylee

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Activity: 1148

Merit: 504

Quote from: richardsNY on October 16, 2016, 05:43:52 PM

Quote from: 1Referee on October 16, 2016, 04:31:20 PM

Quote from: Shiroslullaby on October 16, 2016, 09:00:27 AM

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.

A true trader will not do that. If a trader lose, he will just shrugged that and work again. Losing is a part of trading, you cannot get away from that. All you have to do is accept that and up your game.

TGD

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Wen Rolex?

Quote from: 8Habits on October 16, 2016, 11:41:47 PM

Quote from: goldcoinminer on October 16, 2016, 10:26:38 PM

Quote from: bestluck on October 16, 2016, 06:30:44 PM

Quote from: Vikingr on October 15, 2016, 04:23:01 PM

Quote from: bitkng on October 14, 2016, 11:06:39 PM

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.

That is the point. The trade do not mean to depend our profit on the value of bitcoin or any other coin with which we want to trade but trade is the game of quantity and in it the goal is to increase the amount of or bitcoins/money.

Well, if I trade I aim to increase my bitcoins trading in different assets including altcoins, I love trading altcoins because of the volatility especially the high volume altcoins like the ETH and XMR, actually I have found the trend already for ETH, because when the value of bitcoin increase, ETH fall back its price also.

XMR and ETH has really that volume now but I am quite disappointed with XMR because the price of it now is going way low - although I have keep some of my XMR and will just wait when the right time comes and sell them. I just let it offer for loan now in poloniex and no intention yet of selling it unless the price will spike again soon.

And I think the reason is they want to profit in btc , btc price increase and other sell thier xmr to earn profit and it will be back again to normal when more buyers come to trade it again actually its not the only one many altcoin decrease the price.

Harlot

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Quote from: Golftech on October 16, 2016, 11:52:59 PM

Quote from: goldcoinminer on October 16, 2016, 10:26:38 PM

Quote from: bestluck on October 16, 2016, 06:30:44 PM

Quote from: Vikingr on October 15, 2016, 04:23:01 PM

Quote from: bitkng on October 14, 2016, 11:06:39 PM

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.

That is the point. The trade do not mean to depend our profit on the value of bitcoin or any other coin with which we want to trade but trade is the game of quantity and in it the goal is to increase the amount of or bitcoins/money.

Well, if I trade I aim to increase my bitcoins trading in different assets including altcoins, I love trading altcoins because of the volatility especially the high volume altcoins like the ETH and XMR, actually I have found the trend already for ETH, because when the value of bitcoin increase, ETH fall back its price also.

and that's a good sign for most traders waiting for btc to arise then buy more alt and wait again for btc to make some establish value then alt will start to move and its just a battle of making good entry and exit to earn big from this trade.

There is a reason on why'd he stopped trading. And that is he lost money which is about 7 BTC. That is a big amount of coins to lose in your trading career. Even if you suggest to him holding his altcoins it won't be enough to cover his losses from it. 2 years is enough time to be holding a coin in which he did not succeed on having aprofit with it good thing he did not lose all 47 btc.

Golftech

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Activity: 2128

Merit: 520

Quote from: goldcoinminer on October 16, 2016, 10:26:38 PM

Quote from: bestluck on October 16, 2016, 06:30:44 PM

Quote from: Vikingr on October 15, 2016, 04:23:01 PM

Quote from: bitkng on October 14, 2016, 11:06:39 PM

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.

That is the point. The trade do not mean to depend our profit on the value of bitcoin or any other coin with which we want to trade but trade is the game of quantity and in it the goal is to increase the amount of or bitcoins/money.

Well, if I trade I aim to increase my bitcoins trading in different assets including altcoins, I love trading altcoins because of the volatility especially the high volume altcoins like the ETH and XMR, actually I have found the trend already for ETH, because when the value of bitcoin increase, ETH fall back its price also.

and that's a good sign for most traders waiting for btc to arise then buy more alt and wait again for btc to make some establish value then alt will start to move and its just a battle of making good entry and exit to earn big from this trade.

8Habits

sr. member

Activity: 756

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Quote from: goldcoinminer on October 16, 2016, 10:26:38 PM

Quote from: bestluck on October 16, 2016, 06:30:44 PM

Quote from: Vikingr on October 15, 2016, 04:23:01 PM

Quote from: bitkng on October 14, 2016, 11:06:39 PM

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.

That is the point. The trade do not mean to depend our profit on the value of bitcoin or any other coin with which we want to trade but trade is the game of quantity and in it the goal is to increase the amount of or bitcoins/money.

Well, if I trade I aim to increase my bitcoins trading in different assets including altcoins, I love trading altcoins because of the volatility especially the high volume altcoins like the ETH and XMR, actually I have found the trend already for ETH, because when the value of bitcoin increase, ETH fall back its price also.

XMR and ETH has really that volume now but I am quite disappointed with XMR because the price of it now is going way low - although I have keep some of my XMR and will just wait when the right time comes and sell them. I just let it offer for loan now in poloniex and no intention yet of selling it unless the price will spike again soon.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: bestluck on October 16, 2016, 06:30:44 PM

Quote from: Vikingr on October 15, 2016, 04:23:01 PM

Quote from: bitkng on October 14, 2016, 11:06:39 PM

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.

That is the point. The trade do not mean to depend our profit on the value of bitcoin or any other coin with which we want to trade but trade is the game of quantity and in it the goal is to increase the amount of or bitcoins/money.

Well, if I trade I aim to increase my bitcoins trading in different assets including altcoins, I love trading altcoins because of the volatility especially the high volume altcoins like the ETH and XMR, actually I have found the trend already for ETH, because when the value of bitcoin increase, ETH fall back its price also.

bestluck

hero member

Activity: 658

Merit: 500

Quote from: Vikingr on October 15, 2016, 04:23:01 PM

Quote from: bitkng on October 14, 2016, 11:06:39 PM

I can surely say that you are in profit even your btc decreased.as the price of bitcoin almost doubled over the last two and half years in terms of dollars.you must use your experience in such a way that you increase you investment.poloniex is right choice for trading

but in trade the traders do not depend on the value of bitcoin as a profit. The profit of traders is the quantity of bitcoins. earning through value rise is only a side profit which the traders get while trading the coins.

That is the point. The trade do not mean to depend our profit on the value of bitcoin or any other coin with which we want to trade but trade is the game of quantity and in it the goal is to increase the amount of or bitcoins/money.

dinda22

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Activity: 1232

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Quote from: Osarman on October 16, 2016, 04:31:54 PM

Quote from: outatime1 on October 11, 2016, 05:46:01 PM

Trading is not easy and I can see how people can lose money at it. If you are giving up on trading, you could try lending to make a little profit. Also, if you just hold what you have for a few years, you will probably make a lot of money anyway.

you are right that trading is not and i think that trading have need skill and luck then you can get a big profit from trading and is maximum people are very experienced in trading and they earning good amount profit from bitcoin trading or altcoin trading .

trade full with research, so it should be quite expert in analyzing and had a good strategy. without both of them it was difficult to make a profit. also a large capital is easy to make a profit. for me borrow not a good idea if you are still always lose on trading.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: 1Referee on October 16, 2016, 04:31:20 PM

Quote from: Shiroslullaby on October 16, 2016, 09:00:27 AM

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

I think it's mainly due to the fact that it is similar to what gamblers are experiencing when losing. If they for example lose $100, then they will try to win it back, which can basically go on for quite a long time. Exactly that is also the case with people making loss after loss with trading. They are trying to gain it back while in reality they sink deeper and deeper.

Osarman

hero member

Activity: 952

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Quote from: outatime1 on October 11, 2016, 05:46:01 PM

Trading is not easy and I can see how people can lose money at it. If you are giving up on trading, you could try lending to make a little profit. Also, if you just hold what you have for a few years, you will probably make a lot of money anyway.

you are right that trading is not and i think that trading have need skill and luck then you can get a big profit from trading and is maximum people are very experienced in trading and they earning good amount profit from bitcoin trading or altcoin trading .

1Referee

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Activity: 2170

Merit: 1427

Quote from: Shiroslullaby on October 16, 2016, 09:00:27 AM

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

Important is that when you realize that trading isn't the right thing for you, that you should be making the decision to stop it and focus on other things. Some people continue with trading even though they are constantly losing money. These people simply aren't made for trading and should quit immediately. They however don't seem to realize that.

FLoving

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Quote from: Oilacris on October 12, 2016, 09:01:45 AM

Quote from: yakdivine on October 12, 2016, 08:38:43 AM

Quote from: Mayer Amschel on September 21, 2015, 06:21:35 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 you have trade for the past 4 years and succeed than I think you should not quite trading

You are not reading man, he only trade for only 2 years and he found out and realized thats he still do experience negative profits on that timespan that why he decided to quit trading for good and thats also a good decision for him to make because with such action he would avoid to lose even more. 2 years is quite long enough on trading career, if you found out that it didnt work out then switch to other things.

after 2 years experience he found that he is unable to earn in trading then it is a good idea of him to stop trading as he is unable to be expert to earn on trading and he is losing his money continuously.

Trasamania

newbie

Activity: 33

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Quote from: Shiroslullaby on October 16, 2016, 09:00:27 AM

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

That is right. You need to spend some money or lose some money before you become a good trader.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

Trading is a skill that takes time and practice.
If you enjoy it and are able to learn something or make some profit, it can be worth your time.
But if you aren't having fun, or making a living, there are plenty of other things you can do with your time.
You can earn just as much from other jobs or hobbies.

JeffBrad12

hero member

Activity: 3010

Merit: 538

Leading Crypto Sports Betting & Casino Platform

Quote from: SANALIU on October 15, 2016, 06:36:46 PM

youre not experience trading in bitcoin or altcoin
you have not skill trading
but you trading is use lot capital money is very big
i think is high risk, before trading your must earn and have skill trading
is lear trading you can use under 0.1 bitcoin, and incraese if have skill

if not skill trading use big capital money is a danger

I can't say not 100% all of your said are a correct statement, if the newbies are just depend on in the buying low and selling high I think that is already preventing your from the worst things in the trading. According to from the op's says he are already having some knowledge about trading.

mirakal

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Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: 8Habits on October 16, 2016, 07:34:30 AM

Quote from: Colt22 on October 16, 2016, 06:58:49 AM

Quote from: trissfc1998 on October 16, 2016, 02:24:05 AM

I found that if you trade the bitcoin against some good altcoins such as the Monero, Dash or Ethereum, it could be quite profitable.

You are right he have to select those altcoins which have a good place and have a good volume of trade. with the above mentioned altcoinsa lot of traders are earning a good income so if he having that much experience will start trade with those altcoins then he will earn better.

Having big volumes makes some volatility of prices most of the time and this is where opportunities for traders comes in. When there are less movements of price of altcoins, then it will be difficult to trade and profit because you have to wait long in order to reach the price you would want to sell your current coins.

It is a matter of choosing the right asset, never trade in a less volume asset as that would not last, the game there is just a pump and dump and when you have put already a big investment thinking you can make profit, that is when the developer will just scam your investment. You need to be smart in choosing the right asset.

Topic: I quit trading - page 89. (Read 242600 times)