Topic: I stopped trading. 3 reasons why. - page 10. (Read 20687 times)
As for me to trade is very difficult. You need to quit your main job in order to start trading seriously. But I'm not ready for this yet.
I stopped trading only for two reasons: Bitcoin is growing very fast, which makes a good profit without trading.
Trade is very dangerous, those people who do not know how to do it, are likely to lose their money when trading.
Trading does require expertise in analyzing and predicting coins and markets but you cannot ignore them because if you master them, you will get continuous benefits and that is better than investment. Trade is very dangerous, those people who do not know how to do it, are likely to lose their money when trading.
1) Too much stress.
Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.
2) Too much time.
Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.
3) I started playing blockchain games (not gambling).
It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!
UPD #1
I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games
UPD #2
There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96
Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.
2) Too much time.
Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.
3) I started playing blockchain games (not gambling).
It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!
UPD #1
I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games
UPD #2
There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96
It is through that trading is stressful but i believe it is only for people that are new in trading and don't have access to the right tools to trading. I trade crypto conievently during the last bull even though i came very late to the game. I connect my bittrex trading account with coinigy.com platform and from the platform i can set entry point, stop loss, take profit and i don't need to look at the market every 15min.
I stopped trading only for two reasons: Bitcoin is growing very fast, which makes a good profit without trading.
Trade is very dangerous, those people who do not know how to do it, are likely to lose their money when trading.
Indeed, if you don't know what you are doing then your investment will be at risk, it's better to hold your coins if you don't have any idea on what you are doing, keeping your coins will be much safer while waiting for the big breakout, trading is for those who knows how to take the risk and have a good attitude towards this field. Trade is very dangerous, those people who do not know how to do it, are likely to lose their money when trading.
I stopped trading only for two reasons: Bitcoin is growing very fast, which makes a good profit without trading.
Trade is very dangerous, those people who do not know how to do it, are likely to lose their money when trading.
Trade is very dangerous, those people who do not know how to do it, are likely to lose their money when trading.
If you don;t like it anymore usually you can just stop and just comeback if you want to do it again. You can just pause on trading but to stop with the good things on the market right now is a waste of opportunity to get rich, as you can see market is fine right now no need to worry of getting lost.
It's not for everyone, it's like a regular job and you have to study and practice to be better, you have to be patient to, to make smart moves and not let your emotions drives you
I completely agree with
1) Too much stress.
2) Too much time.
I have my strategy to HODL and I'm better than before
I completely agree with
1) Too much stress.
2) Too much time.
I have my strategy to HODL and I'm better than before
This actually sounds like being tired of making money. Haha. Except your trades were not actually bringing money or it wasn't profitable simply put. Nothing good comes easy. I do bounty a lot but this too is also tiring and time consuming
1) Too much stress.
Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.
2) Too much time.
Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.
3) I started playing blockchain games (not gambling).
It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!
UPD #1
I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games
UPD #2
There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96
Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more.
2) Too much time.
Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted.
3) I started playing blockchain games (not gambling).
It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more!
UPD #1
I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-games
UPD #2
There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96
Time is the more crucial for me. It is difficult to be so day trader and have s work life balance to have time for your kids and loved ones. It is really difficult and would really make trader quite as well
Well, your points are okay, but I don't really subscribe to that. I believe trading to be a very great thing to work on as a lover of cryptocurrency. The stress and time are always part of life. I'm not always scared of taking risks. Just be logical when it comes to trading.
If indeed it has become a daily life and also a habit with the market, we will not get a big problem. so indeed this will be profitable. because we ourselves already understand the nature of the market and also the chart pattern for trading.
I really understand what you feel because trading every day and analyzing the market that continues to run is indeed not an easy thing and besides that the market conditions that are currently still not stable to trading.
stop trading is your decision, but don't stop looking the growth of the cryptocurrency because it will be very useful for us in the future.
keep the spirit carry on guys.
stop trading is your decision, but don't stop looking the growth of the cryptocurrency because it will be very useful for us in the future.
keep the spirit carry on guys.
I would agree that crypto games can be a fun and pleasant way to earn income; however at the moment 99% of that market is flooded by
either outright scams, ponzi schemes or gambling games with a considerable house edge against you. That space needs to mature up and
become fair and competitive before it can be considered a viable way to generate income...
either outright scams, ponzi schemes or gambling games with a considerable house edge against you. That space needs to mature up and
become fair and competitive before it can be considered a viable way to generate income...
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
If you have proper strategy and some idle money to play out, crypto trading is for you. Otherwise, I think you did a good job leaving it. I don't think it requires much time, if you are not depending on it for everything in your life.
Exchange trading is a separate complex activity. In order to do this profitably, one has to go through preliminary training and study someone else’s experience and then work on one’s own for many years. Few have the patience for this.
Everyone has the right about which business to choose. The choice must be in accordance with the heart and desire that goes through. If you want to quit the trading world, I really appreciate you having joined a crypto currency. Indeed it cannot be denied if trading takes up our time once. We must always monitor the dynamics of market movements so that we do not lose the opportunity to get the best price to buy or collect the coins we have. Stress is very likely to happen too because this trading requires us to be challenged to act better and it is very stressful.
Well, your points are okay, but I don't really subscribe to that. I believe trading to be a very great thing to work on as a lover of cryptocurrency. The stress and time are always part of life. I'm not always scared of taking risks. Just be logical when it comes to trading.
Looks like a promotion of blockchain games. But although i faced all of these problems I think that I will keep going with trading crypto currency and ordinary trading
It is not true! Trading is a good source of income. If you just be a friendly in trend. If your biased meets the reaction of the market then there is a big chance that you gain money. Perfect execution plus good timing will be a result of income. Don't be stressful of you have lost. Treat it as your new experience so that, you can avoid bad plays in trading. Wait for your moment and learn a lot in watching trading techniques or tutorial in vlogs.
That type stress is what happens to day traders who rely on it for their main source of income. To avoid that kind of stress think of crypto as a side income or early retirement plan. Buy what you can and leave it for a few years, rewards will be huge by then
You treat it as your long term investment, that would not give any stress at all as long as you believe on its potential. We investors are here for one reason, which is to make money, but making money here is not easy as we think, that's why there is a risk in investing here, and talking of the risk, it's called a high risk investment. Trading is a way to make good money, but day trading is not for everyone, it is complicated compared to long term investing where you just hold and relax.
Cryptocurrency market is still very unstable. Therefore, if you want to preserve and increase your money, you have to trade. I think that it is very difficult to make money on the market if you are not trading.
Jump to: