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Topic: I stopped trading. 3 reasons why. - page 39. (Read 20687 times)

member
Activity: 476
Merit: 41
November 01, 2018, 12:07:27 PM
Well, I think what you went through is actually fairly normal.
When someone starts out investing in crypto, they get obsessed with it.
They end up checking cmc all the time and spend their free time looking up coins to invest in.

Of course, if doing that is stressful, than you should stop.
I haven't done blockchain games before because, despite what people say, to me it looks like gambling.
Sure, there is a "game" aspect to it, but in the end, it is still gambling.
I prefer to be the deciding factor on if I win or lose or not, rather than playing games of chance.

But, from what I've seen, I guess it's not as bad as the straight up casinos or pyramid schemes, so  more power to you.
member
Activity: 294
Merit: 10
November 01, 2018, 12:03:42 PM
For sure, if you want to trade you need to invest a lot of time. But on the other hand, if you are good in trading, you can earn a lot of money. It also make sense to take part in different bounties to earn even more tokens.
member
Activity: 868
Merit: 16
November 01, 2018, 11:58:13 AM
Although this is situation create stress to their investors due to go down market value. but l think this situation would be changed be positive.
Market crypto currency will be like this, even though the crypto currency price experiences a continuous increase then at that time you will be confused by determining the take profit you want. The other side you are still eager to continue to hold because you are sure prices will continue to rise, but the other side you will regret if prices decline quickly. What will make someone stress when trading crypto currenncy is that they are too ambitious. Every time he gets a victory, he will be eager to continue to get it and when you get a loss, you will continue to be eager to patch up the losses you experience.
sr. member
Activity: 756
Merit: 250
November 01, 2018, 11:56:35 AM
It means that you didn’t understand the coins you are trading, because trading does not take much time and brings a good profit if you do it right. Invest for a short time, it also gives a good profit, just study the project in which you will invest.
member
Activity: 165
Merit: 10
The World’s First Blockchain Core
November 01, 2018, 11:45:29 AM
You are right. Trading in crypto is hard thing for us. Very stressful thing and we need to spend all of our time for that. So because of that i choose hold and i am not doing any trade.
full member
Activity: 490
Merit: 136
November 01, 2018, 11:36:11 AM
Of course, crypto is very similar to gambling. Very quickly you can lose your entire deposit. Crypto has the same characteristics as gambling. To count on a good profit is not enough just luck. You need to deeply study the processes in the market and carry out a lot of analytical work.
sr. member
Activity: 533
Merit: 250
November 01, 2018, 11:28:23 AM
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, trading is taking too much time to earn. However, that time that was used tells you how much you will earn on that trading site. Stressful if you still don't know how to manage it. And boring because you still don't know how to make fun with it.

I have a thought that will help the trader feel not too nervous when entering the order. That during their trade, they should record the transaction logs and feel whenever they win or lose, when they read the log they will recognize what they should do.
sr. member
Activity: 630
Merit: 250
November 01, 2018, 11:19:55 AM
I think that trading is really too hard just because of the stress. I tried and could not stop constantly think about the crypt, it is very hard. In addition, i have lost a big amount of money, so I also decided to stop it..
member
Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
November 01, 2018, 11:07:46 AM
My job used to be much more stressful than trading, but it is my personal experience. I prefer to deal with machines, not people)
jr. member
Activity: 280
Merit: 1
November 01, 2018, 11:04:56 AM
sometimes we all, even the crypto market, needs to relax a little bit to get some power. I think that to all, not just me, need more patience,
it's hard job
hero member
Activity: 910
Merit: 500
November 01, 2018, 10:59:55 AM
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, trading is taking too much time to earn. However, that time that was used tells you how much you will earn on that trading site. Stressful if you still don't know how to manage it. And boring because you still don't know how to make fun with it.
copper member
Activity: 196
Merit: 0
November 01, 2018, 10:54:46 AM
Although this is situation create stress to their investors due to go down market value. but l think this situation would be changed be positive.
jr. member
Activity: 378
Merit: 1
November 01, 2018, 10:08:46 AM
Difficult market conditions like this certainly have a big impact, it is difficult to get profit in trading so I also stopped trading, I will return when the market has recovered, and hopefully it will happen soon.
Looks like market conditions are hard at this time but the real situation, this may be your chance to earn the best profit and have more chances to win than ever because the price of altcoin is almost to the bottom, the recovery signal has appeared regularly, if you know how to make good use of it, profits are huge. You will need a lot of time and effort for this, maybe you will be very tense when you think and work constantly but you should try, do not miss this great opportunity
full member
Activity: 490
Merit: 100
November 01, 2018, 10:01:15 AM
To reduce trading stress i use the following methods - Risk management - reduce position volume and increase time frame, change trading style from day trading to swing trading, better to midle term investing style.
very helpful with what you say, changing the style of trading so that it is not saturated is what I want to do, and to invest also I will do it in the medium term, by buying when the price falls and selling when the price rises again.
newbie
Activity: 24
Merit: 1
November 01, 2018, 09:40:15 AM
It is a pity that you got into such a situation! I also did not quite long ago in this market, but this did not happen to me because I chose the HODL strategy and was willing to wait a long time! For an inexperienced person.When the market is mostly flat with more tendencies to fall than rise, it can be indeed stressful. The risks are bigger and the profit may not be great.I have never even tried trading.
jr. member
Activity: 462
Merit: 2
November 01, 2018, 09:34:24 AM
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
These three reasons are the most common. It's important that you know how to manage it. When you know the management then it's easy for trade, You don't spend much time on trade should not be too much, just 3.4 hours in a day. It's enough
full member
Activity: 1162
Merit: 106
November 01, 2018, 09:32:48 AM
Difficult market conditions like this certainly have a big impact, it is difficult to get profit in trading so I also stopped trading, I will return when the market has recovered, and hopefully it will happen soon.
jr. member
Activity: 154
Merit: 1
November 01, 2018, 09:23:10 AM
I'm trying to trade in my free time and I can tell you that in this market you can make very good money if you choose the right tactics
member
Activity: 566
Merit: 13
November 01, 2018, 09:21:55 AM
you should not start trading in this market at all because you risk losing all your money. all of my friends who started trading in the cryptocurrency market lost a lot of money

so do I. that is another reason why I play blockchain games now
jr. member
Activity: 154
Merit: 1
November 01, 2018, 09:12:18 AM
you should not start trading in this market at all because you risk losing all your money. all of my friends who started trading in the cryptocurrency market lost a lot of money
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