Topic: I stopped trading. 3 reasons why. - page 24. (Read 20702 times)
Yes, I understand you, for impressionable people, trading is really stressful, I also stopped trading for a certain period of time, but now I’ve started again, because for me trading is the only stable income .. I don’t play games because it’s very exciting but I envy you well in games found their outlet.
Many people have stopped trading because with many reason, some people have lost their assets because buying at higher price and have keep holding until price is drop and lower, just keep hold if you want get back your profit.
Trading is not that difficult, if you are right to buy when the market decreases, then you can put a price above the price when you buy and do not be greedy to determine the sales target, as long as you profit then get used to being satisfied and do not try to sell at prices that do not enter sense unless you are really sure. For blockchain games, maybe I want to try it.
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.
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!
4) Only professional traders make deals with a profit
5) Basically principles of technical analysis don't work in crypto
6) Whales control this market
So, once again, it is very difficult to be a trader on cryptomarket.
Number 6 is the most critical you can't really gain profit if the token you trade have so many whales. I also experienced that much with my WPP token and whales making me to always look at the price so I can't lose my trade.
that depends on how you can see an opportunity and manage it to become your profit.
I really thought that trading is such a stress work. Maybe its just not good token or coin that you have chosen to trade of. But if it were profitable i think you enjoy what is trading. It's just the fact that you dont meet what you have expected in trading.
Trading is like a Gambling, if you wrong choose you will lose.
But trading is not only luck. You need good prediction and some knowledge see what your choose will pump.
But trading is not only luck. You need good prediction and some knowledge see what your choose will pump.
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.
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!
4) Only professional traders make deals with a profit
5) Basically principles of technical analysis don't work in crypto
6) Whales control this market
So, once again, it is very difficult to be a trader on cryptomarket.
Number 6 is the most critical you can't really gain profit if the token you trade have so many whales. I also experienced that much with my WPP token and whales making me to always look at the price so I can't lose my trade.
First, of course learning and experience are important points when we want to trade. study charts and also fundamental techniques. besides that the condition of ourselves that is able to control when it occurs floating is important.
many new traders have failed in doing so because they are in a state of great profit ambition
many new traders have failed in doing so because they are in a state of great profit ambition
Indeed, being a trader must have a lot of time, we cannot trade arbitrarily. Because that will result in your loss. If you are willing to risk trading, of course you are willing to experience many things. Like, spending too much time for example. Because to analyze coins for trading does require a lot of time.
Most traders are completely delusional about their current standpoint, where they see themselves and how to think to get there. Do not waste your time chasing the wrong dreams. But if you are serious about trading, do what is necessary rather than believing that trading is an easy way to get out of your current position.
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.
Trading is no way to get rich quick. It is even arguable if you will ever be able to make more money than with your current job. Traders who believe that trading can make them rich are more likely to quit trading when they find out that trading does not work that way. If you can accept that it will take 5 or 10 more years until you MAYBE can live from your trading, you stand a chance.
Trade takes a lot of time. First, a lot of time that goes to study and dive into the trade. And then a lot of time for the work itself. So sometimes it is not justified.
Trading can be very interesting to those who have the skill and are ready to always source for information while trading.
One of the reasons some people get tired of trading, is because they are not patient enough. They always want to make fast profit, so this gets them easily tired while staying glued to their screen.
One of the reasons some people get tired of trading, is because they are not patient enough. They always want to make fast profit, so this gets them easily tired while staying glued to their screen.
I agree that trading is very difficult. In addition, you need to be able to do it. And to be able to have experience. And to have experience you need very good patience. And I have very little of it (
Trading is not as easy as many would like to believe, the emotional toll it takes on you. Checking the market in between hours, analyzing charts and all that. Then comes the emotional turmoil when your trade is in loss.
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
Sincerely day trading is a very tasking engagement.. I prefer to just hold long term and rip the benefits... Although it's difficult to sight project that are worth long term hold in this epileptic market of ICOs bombarding the crypto space this days.. I haven't tried any blockchain game yet I hope they won't be a waste of time 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
The best thing before doing something is that our minds are calm so that in making decisions always careful, and investing in Cryptocurrency we must be able to observe around and develop coins in the market. We know that investing is not easy, buying quality coins and trading on the stock market.
I believe that in the world of cryptocurrency you should have just perfect patience. Otherwise you will not go far. Experience is also needed, but it comes with time.
I understand the place of addiction but stress and time are what you must be ready to give in any field not just crypto, you should know that there is no gain without pain.
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