Topic: I stopped trading. 3 reasons why. - page 22. (Read 20687 times)
You are right but i will suggest you to not give up on trading rather trade on weekly or monthly basis where you will need to check the price less often and you can make your trades once in a week or month but you should be good at reading charts and candles to do so.
The fact is that trading is very tasking especially for newbie because there is so many things to take note of and most times emotions usually takes over ones judgement and this dosent always result well. This is why most people give up on trading.
Actually trading it is not something disappointing stuff. If you can't trade better go away from that. You can't predict the price, but you have to follow the TA, volumes, rumors, then you can get some from that.
i have done day trading, last year. We have no more inside information. i only got a small amount of revenue. and it makes me very tired. it is suitable for professionals. Ordinary people should stay away from it.
take too much money for trading and gambling. its back to your own personal thinking
depend on your strategy and your knowledge.
depend on your strategy and your knowledge.
when we risk the important and big things we will be easily stressed, in investing we must set aside money that is specifically for investment, so as to reduce stress at least
I saw a statistic somewhere that 99% of traders end up even after 7+ years. Which means most of them will hit some homeruns, then lose money.
If you're trading to make a living, it means you NEED to trade constantly, even when you shouldn't. And therein lies the problem.
The market decides when you should trade, not you. So you could be 12+ months without a signal to buy, it happens. How would you pay bills in the meantime? It doesn't work.
Investing only works like Warren Buffett does it. Invest a little every month into good equities and move on.
Trying to guess the market at every move is insane, like OP described, you'll end up broken and broke.
If you're trading to make a living, it means you NEED to trade constantly, even when you shouldn't. And therein lies the problem.
The market decides when you should trade, not you. So you could be 12+ months without a signal to buy, it happens. How would you pay bills in the meantime? It doesn't work.
Investing only works like Warren Buffett does it. Invest a little every month into good equities and move on.
Trying to guess the market at every move is insane, like OP described, you'll end up broken and broke.
Yes, what nerves. I sometimes do not share do not look at their stocks of coins. In order not to go mad because of each correction. The only thing I'm looking at is bitcoin. Because the growth of Bitcoin is the growth of the market. With a positive movement, I can calmly take care of my business. I do not know how you have the strength to trade every day.
i used to have a similar experience. the day trade made me fall into anxiety. It sucks. now I have stayed away from it. i started to hold some good coins for a long time. i check them once a week.
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
Is it really exhausting to check your balance every now and then? Of course, earning doesn't come easily so you should learn how to work on it. Being lazy does not bring you anywhere in this kind of business.
Greetings everyone. And do you guys participate in IEOs nowadays? Because I believe that the industry is developing pretty fast and attracts investors. By the way, do you have any advanced examples in mind? Cause I have lately discovered Bitstars project, seems that it is widely discussed nowadays..
To be honest, I do not know more than one area today that would not take your time. Of course, you need to know that the neural system is not being restored. And if you are experiencing during the auction you should not be engaged in this.
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
Is it really exhausting to check your balance every now and then? Of course, earning doesn't come easily so you should learn how to work on it. Being lazy does not bring you anywhere in this kind of business.
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
Thats true trading can caused so much stress if you do it manually and your trading capital was just small enough to even raised a penny thats the truth, in my cased im just doing day trading and just buy and sell two times in one day to prevent stress but dont expect that you earned much through this method im just started with $300 dollars worth of BTC after 1 week it become $329.75 dollars it means im just earned $29.75 dollars in just 7 days But it depends on the cryptocurrency your trading and the bitcoin price fluctuation also has direct effect on your profit. 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
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.
I'm sure you still love blockchain and sure you realize that blockchain is a financial future. I think right now you are still in a state of grief because you have experienced disappointment on one of the projects you participated in. it's natural but for me if we stop it will lag far behind the others 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.
it is never easy to make money in any side of the cryptocurrency trading, mining, even bounty. it takes time, energy, brain, and money. and at times like this when the market is on dump is it just so discouraging that ones effort is not well rewarded. its like the gaming is what people are liking.
trading is not easy so people who dare to trade are great because trade requires extensive knowledge and experience.so it's not easy to make money from trading, you can learn before you start so you don't get stuck and you can use your time well.
Trading is not easy in the bear period. Especially at a time when volume has dropped drastically for most coins. It becomes hard to watch price movements daily. You can stop trading for now but try checking it out later. Its still a cool avenue to hit profits
Indeed, trading in cryptocurrencies, like trading on the Forex market, is a very stressful, hard and tedious job. And not always lucky and often come losses. As for blockchain games, as far as I know there are many similar games with the ability to output cryptocurrencies, for example, Crypto Kitties. Recently, many are addicted to horse racing on the project Zed Run, which makes it possible to make a profit.
Dont take this topic seriously. It's created only for the purpose of hidden advertising (clumsily hidden)
Indeed, trading in cryptocurrencies, like trading on the Forex market, is a very stressful, hard and tedious job. And not always lucky and often come losses. As for blockchain games, as far as I know there are many similar games with the ability to output cryptocurrencies, for example, Crypto Kitties. Recently, many are addicted to horse racing on the project Zed Run, which makes it possible to make a profit.
it is never easy to make money in any side of the cryptocurrency trading, mining, even bounty. it takes time, energy, brain, and money. and at times like this when the market is on dump is it just so discouraging that ones effort is not well rewarded. its like the gaming is what people are liking.
Jump to: