Topic: I stopped trading. 3 reasons why. - page 23. (Read 20702 times)
i thaink its only greedy feeling take control of your mind brother, if you get patience enough with mature plan of hold and buy at the right time, you wouldnt be stop doing trading.
Yeah gotta agree with
Trading is tired and too much stress
Trading is tired and too much stress
depends on the person that doing a trade . a dedicated trader will ignore the stress and tiredness because all of his efforts can still paid off by the time he trades his cryptos for a good price but if you are an impatient trader that only wants easy money then its normal that you will feel tired and stess due to the market condition . @op good for you that you found your real happiness . everyone supports you with your decision . goodluck to your next journey .
Yeah gotta agree with
Trading is tired and too much stress
If you are going to deal with trading (Mostly short term), it takes quite some hardwork to do that
Compare to investing, it is easier to just buy something potential and hold onto it
Trading is tired and too much stress
If you are going to deal with trading (Mostly short term), it takes quite some hardwork to do that
Compare to investing, it is easier to just buy something potential and hold onto it
Yes it is obvious that anyone investing in a project is always concerned about his or her investment. So taking stress and checking on your investment every now and then are normal activities I think. I am one of them. I do check news relating to cryptocurrency every two hours and involve in cryptocurrency. But I am not still fed up with this sort of my routine. I do love cryptocurrency trading.
I completely agree about the stress in trading and constantly checking prices..
I reassure myself that this is not purely my money, but rather numbers on the screen, which have nothing to do with me
I reassure myself that this is not purely my money, but rather numbers on the screen, which have nothing to do with me
I am feeling you deeply right now.. I had the same feelings and habits when i was trading hard. I was checking the coinmarketcap 100 times a day and i was nearly loosing my mind.. Also i was spending my time with loosing my money and i quit trading too. Now i am also playing some blockchain games, my best game is Glitch-goons which is great one and 1000s new players arriving the platform everyday. You can check here: https://www.glitch-goons.com/
The situation makes hard if the market falls down. you must immediately work to earn income. the world of bitcoin is very fun if it is done at leisure and made profit. And I believe that bitcoin`s price will grow again.
I don't normally play games because I feel like I am wasting my time and the people who are really getting something out of it are the developers. But I started playing one that is built on the STEEM blockchain and lets you earn cryptocurrency while playing. So I feel a little less guilty about spending time on it. https://twitter.com/CMRoxburgh/status/1123468181333512193
I would really recommend to read at least "Trading for a Living" by Alex Elder before starting to trade. Many people make a big mistake thinking that cryptocurrency market is somewhat different from other markets.
Another large mistake is getting emotional about your trades... Most amateurs do that, and it's really not the right thing to do. Most amateurs quit after some time.
Another large mistake is getting emotional about your trades... Most amateurs do that, and it's really not the right thing to do. Most amateurs quit after some time.
It all depends on your attitude to this process. For some people this is contraindicated. Excitement, nerves, stress, frustration, ludomania, addiction. According to trader statistics, only a small percentage of traders have long-term profit. Personally, I am very emotional, so trading is contraindicated for me.
Trade requires patience and a good strategy in trading. A long-term investment is a very good strategy because you can make a lot of profits. But I prefer to trade daily and I have no intention of leaving the trade. Because in my opinion, it is still very profitable.
Every people maybe already have their own strategies. As long it can give you profit, any strategy in trading is good for you. If me i take long term investment, because sometime i only have little time to open market, and for that i buy only coin like Ethereum or Bitcoin.
I would really recommend to read at least "Trading for a Living" by Alex Elder before starting to trade. Many people make a big mistake thinking that cryptocurrency market is somewhat different from other markets.
Another large mistake is getting emotional about your trades... Most amateurs do that, and it's really not the right thing to do. Most amateurs quit after some time.
Another large mistake is getting emotional about your trades... Most amateurs do that, and it's really not the right thing to do. Most amateurs quit after some time.
Trade requires patience and a good strategy in trading. A long-term investment is a very good strategy because you can make a lot of profits. But I prefer to trade daily and I have no intention of leaving the trade. Because in my opinion, it is still very profitable.
I understand you but in this market just holding coins is not cutting out for me that's why I started doing trading to increase my bag OTW to the next bull run. BTW you play lots of game man I got a few Axies in my account but I still couldn't figure out how to use them.
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
Well you're not entirely wrong ... but if you're making gains on your daily trades I think you'll be a more happier person today.. but when you loose money.. .... no body likes to loose money 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
Maybe you can't do this job anymore. In my opinion, there is no reason to stop trading because this industry is profitable for me. Although sometimes we experience losses and in my opinion, it is very reasonable. I tried not to give up and continued to trade because the results were very good.
Maybe you mean you stopped DAYTRADING right?because even if you are holding long term that is also a trading,not unless you have really despose all you cryptos then with that i will ask you a question,why you still staying in this forum when you hage no really reason for staying here
I think it's better not to become a daily trader if there aren't many assets. because the percentage of profits is not proportional to the risk of loss. but if you have enough funds and still want to get profit as a daily trader, I suggest you use a trading bot service. maybe that method will be more effective to make profits and get rid of stress because of waiting for asset prices. even though loss, defeat will not be too large.
Aside from that daytrading is not for everyone,only few are destined to become a successful one.so better choose your way or risk and lose money Trading is an interesting and exciting activity that requires titanic effort, willpower, discipline, and mind work. This work is not for everybody, and sometimes people spend many years not so successful in this business.
The main reason is because crypto trading is very risky because the price fluctuates very quickly so that the wrong decision making results in losses.The second reason is the loss in trade resulting in unstable self-control and tend to be emotional, so it is not good health.
The last one is regulation in my country that does not support. Indeed crypto investment is not prohibited, but there is no protection to the crypto owner at all. Moreover, there is a ban on the use of crypto money as a means of payment.
I think it's better not to become a daily trader if there aren't many assets. because the percentage of profits is not proportional to the risk of loss. but if you have enough funds and still want to get profit as a daily trader, I suggest you use a trading bot service. maybe that method will be more effective to make profits and get rid of stress because of waiting for asset prices. even though loss, defeat will not be too large.
I can recommend to everyone to read books from john Murphy.learning to trade and draw memelines is actually Kind of fun.
I understand the stress from trading.
I think we've all been through it.
But I adjusted, learned from my mistakes and found a trading method that suits me well.
I have never found hodling to be profitable.
Most of my profit has been through active trading.
For blockchain games, I got into steem monsters.
It's a lot of fun, a very well balanced card game.
As far as it being profitable goes, well see.
You can sell your cards for money but it doesn't seem to be that much.
I mostly play it because its fun.
I think we've all been through it.
But I adjusted, learned from my mistakes and found a trading method that suits me well.
I have never found hodling to be profitable.
Most of my profit has been through active trading.
For blockchain games, I got into steem monsters.
It's a lot of fun, a very well balanced card game.
As far as it being profitable goes, well see.
You can sell your cards for money but it doesn't seem to be that much.
I mostly play it because its fun.
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