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Topic: I quit trading - page 90. (Read 242500 times)

sr. member
Activity: 434
Merit: 250
October 16, 2016, 10:00:27 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.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
October 16, 2016, 09:49:46 AM
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.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 16, 2016, 09:34:05 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.
sr. member
Activity: 756
Merit: 294
October 16, 2016, 08:34:30 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.
hero member
Activity: 770
Merit: 500
October 16, 2016, 07:58:49 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.
member
Activity: 114
Merit: 100
October 16, 2016, 03:24:05 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.
sr. member
Activity: 476
Merit: 250
October 15, 2016, 10:03:11 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.

Correct. But the price is a great factor to consider too if we want to get good profit.
Especially when your contribution to the total volume is very low.
legendary
Activity: 1596
Merit: 1011
October 15, 2016, 09:19:48 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.
Normally they will trade with a decent capital and they have the right timing to be profitable especially the day traders. In fact, there are a lot of traders that are profitable in doing it but still it cannot surpass the trader who failed and that includes in the number the OP.
it is the consequence for a trader. they could have taken advantage and could lose money. for those who are not prepared to lose money then they will never be ready to become rich.
legendary
Activity: 1106
Merit: 1000
October 15, 2016, 07:55:17 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.
Normally they will trade with a decent capital and they have the right timing to be profitable especially the day traders. In fact, there are a lot of traders that are profitable in doing it but still it cannot surpass the trader who failed and that includes in the number the OP.
full member
Activity: 126
Merit: 100
October 15, 2016, 07:36:46 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 danger
hero member
Activity: 798
Merit: 500
October 15, 2016, 05:23:01 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.
hero member
Activity: 896
Merit: 514
October 15, 2016, 05:19:27 PM
As ive read your post, your happy with the results of your
trading for the over all results. I guess you should have not
stop on trading. Since your btc may grow and you may
earn profit more.!
you are right that do not quit trading because bitcoin increasing its price too much faster and people are going to buy bitcoin and then holding bitcoin for the future so i also prefer that do not quit trading if you keep it up i hope you will get more profit.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
October 15, 2016, 04:11:52 PM
As ive read your post, your happy with the results of your
trading for the over all results. I guess you should have not
stop on trading. Since your btc may grow and you may
earn profit more.!

He was too wise to make that decision and back off...
That was an extremely well decision IMHO, because you need courage to get out of anything after losing some big % of what you had once...
So, that's his honesty, and whether he could have made BTC or not, but if he would have waited till date with his 40 coins, I think he still possesses a chance to just sell them at better prices...
legendary
Activity: 1554
Merit: 1054
October 15, 2016, 01:36:23 AM
As ive read your post, your happy with the results of your
trading for the over all results. I guess you should have not
stop on trading. Since your btc may grow and you may
earn profit more.!
But trading requires lot of dedication as it is a completely unpredictable job. So, for many traders it is like climbing up Everest mountain daily. Yes, that much struggling involved with it. Even they are successful with their trading, many traders are opting to quit it for the sake of their peace of mind.
hero member
Activity: 1428
Merit: 506
October 15, 2016, 01:02:06 AM
As ive read your post, your happy with the results of your
trading for the over all results. I guess you should have not
stop on trading. Since your btc may grow and you may
earn profit more.!
newbie
Activity: 28
Merit: 0
October 15, 2016, 12:06:39 AM
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
hero member
Activity: 2996
Merit: 609
October 12, 2016, 10:01:45 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.
member
Activity: 70
Merit: 10
October 12, 2016, 09:38:43 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 you have trade for the past 4 years and succeed than I think you should not quite trading
legendary
Activity: 3122
Merit: 1140
October 12, 2016, 09:22:33 AM
Quitting trading is not the best way to deal with a loss in my opinion you should keep going and practicing even if its with a low amount.
Now you are going to waste all those skills and knowledge you gained from trading.

There are certain people that no matter how long they are in the game, they are making the same rookie mistakes time on time again. In that regard, it's a very wise decision from them to quit. It shows that they realize trading is not the right thing for them. That's much better than an empty headed person constantly trying to trade while it's not working out.

There are really things that are really not for us no matter hwo hard we try but the results would be still the same.  As you said  its much better to leave  or quit  while its  not too late of getting being  broke. There are  lots of things  to earn from  not only on trading and  you should try them because  it might  be there  would be your luck.
legendary
Activity: 2170
Merit: 1427
October 12, 2016, 04:55:35 AM
Quitting trading is not the best way to deal with a loss in my opinion you should keep going and practicing even if its with a low amount.
Now you are going to waste all those skills and knowledge you gained from trading.

There are certain people that no matter how long they are in the game, they are making the same rookie mistakes time on time again. In that regard, it's a very wise decision from them to quit. It shows that they realize trading is not the right thing for them. That's much better than an empty headed person constantly trying to trade while it's not working out.
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