I stopped trading. 3 reasons why. - page 46.

mary0919

full member

Activity: 476

Merit: 100

Quote from: btc_love on October 23, 2018, 07:49:44 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:

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

Yes maybe it can be stressful but if you really in need of money maybe you cannot feel that way and will still try to do something in order to earn more. Trading gives huge profit that if you can hit the price in the market but it is really hard to win on trading that is why it needs a lot of time to study.

deus030518

jr. member

Activity: 224

Merit: 1

Quote from: btc_love on October 23, 2018, 07:49:44 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:

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

The reason that you have said is just a problem of some trader but you can get out of it. You need to control your emotions in doing trading, you will experience stress it you do not control your emotions. You just need some rules in doing the trading so that it will not take too much of your time doing day trading will really need too much of your time. Playing blockchain games is another way for you to earn money.

Miklight88

copper member

Activity: 238

Merit: 1

GDZKVBV3L3JU5TFDBWMUMPZAHD3OSM2I3TAJRWPG7KU5U4UZCI

Day trading is much stressful more why you have option on long term investment on better coin of your choice and if you can really do the day trading then you either have target on daily basis and know little about the tools to use .

Distinctin

hero member

Activity: 2772

Merit: 645

No dream is too big and no dreamer is too small

Quote from: otunayode on October 25, 2018, 03:10:40 AM

Anything worthwhile involves hard work and sometimes, stress! Leaving cryptocurrency because of these is a flimsy excuse at been lazy! The challenges and difficult include stress is what is made up of ingredient that produce success!

If trading is not for you then you will not make money here, that is our main purpose and we all know there is no easy way to do it, but it's possible.
Some people make big money in trading so we do have a chance, but we should be smart as they are, we have to put our passion on it and if we feel we keep losing money then I guess it's better to give up our dreams and look for other opportunities in life.

otunayode

full member

Activity: 462

Merit: 100

Anything worthwhile involves hard work and sometimes, stress! Leaving cryptocurrency because of these is a flimsy excuse at been lazy! The challenges and difficult include stress is what is made up of ingredient that produce success!

Sab11

full member

Activity: 524

Merit: 100

io.ezystayz.com

Yeah like you i stop trading because its very time consuming and very stressful you need to check the chart whole day and your mood become bad when the price gets down, thats why instead of trading i spend my spare time in joining some bounty campaign less stress, all you need is to complete the task every week and you will earn.

iTradeBit

jr. member

Activity: 224

Merit: 1

Yeah, It takes too much time.

AristoteI

member

Activity: 574

Merit: 12

If you are not a very qualified trader with extensive experience, then trading with you will always take a very long time. As you gain new experience your trading will be more and more automatic, you may start using trading bots. This will allow you to free up your time.

tuanytcc

member

Activity: 476

Merit: 14

Bcnex - The Ultimate Blockchain Trading Platform

Quote from: btc_love on October 23, 2018, 07:49:44 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:

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

With three reason that you gave, I can understand this because I also experienced days with trading everyday. It is really stress and I almost lack of sleep. But I don't already give up trading, I just transfer to trading for long time (week or month), not trading every hour and every day

kendra1107

full member

Activity: 476

Merit: 100

Trading only becomes stressful when you allow it to be. It's not the trading system that is the problem. It's the trader him/herself. Investing more than you can afford will surely stress anyone out especially during a crash. Another is being a day trader which will certainly take up much time due to regular checking of market conditions and value. Also, investing in too many currencies will surely take much time due to constant monitoring. Everything can be simple if we are disciplined enough to manage our time and portfolio.

Naughty Princess

full member

Activity: 952

Merit: 107

Quote from: oho on October 23, 2018, 10:55:19 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, trading on the exchange is a huge stress with big losses !

Trading is not good today because the price is becoming stable and sometimes more fall. Truly that trading is stressful but watching the chart whole day is much stressful and you cannot enjoy it. For now what is good to to is holding the coin that has potential and wait it recovers.

AlphaGoo

member

Activity: 396

Merit: 10

Perhaps this is correct when the cryptocurrency market is down, but I am curious as to why you are playing games. I think this game is meaningless.

GazorpPozorpec

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Activity: 294

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Lead generation one-stop shop platform powered AI

I think it's temporary. Many traders have a desire to give up everything and leave the trade, but after a while they come back. IMHO

candy69

member

Activity: 392

Merit: 12

It can be less stressful, if your approach is different. If you are logging in 10-15 times daily, then it is very stressful. If your approach is just hold long-term then it wouldn't be that stressful. There are a few good coins that you can hold for long-term like Ethereum and Neo.

inwas797

jr. member

Activity: 770

Merit: 1

The stressful situation sometimes helps to revise plans and strategies for the future so do not despair and play games, it is necessary to choose a strategy of expectation and everything will happen as it should.

Legendari

full member

Activity: 266

Merit: 100

I think you did the right thing. This is your choice and we have no right to condemn or limit you in it. If you think it's better, I'm happy for you. Good luck!

vfrcbv911

full member

Activity: 238

Merit: 144

I don't think you understand trading. Yes, it is difficult, but it gives a lot of stress and takes a lot of time, but in the end, after years of training, having experience you will be able to make easy money. This is not a game - this is a profession that you could not master. IMHO

qiwoman2

legendary

Activity: 2114

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Oikos.cash | Decentralized Finance on Tron

Yeah me too, I stopped day trading for now and will start doing bounties more because in the last few months I hardly earned from bounties or trading. I stuck all my trading money in an arbitrage robot that gives me a daily income, which I will withdraw weekly in ETH, so only will focus on one main job. If bounties in 3-6 months don't work for me then I will need to rethink my strategy, but yeah doing a bit of this and a bit of that doesn't work. How are your blockchain games doing? Do they actually earn you any money or you do them just for fun? I am 52 years old and gaming would give me more migraines with all the flash etc, that's why I can't lay them. but it's interesting to know if you make a living out of it.

mirgo1791

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Jdragon6x6

member

Activity: 247

Merit: 10

Yes those reasons that you mentioned are the same exact reasons why I don't do trading. The stress of thinking and keeping everything monitored will definitely take a toll on my body. Plus the time you have to spend on trading, I just don't have the time for I have a lot of things to attend to. That is why holding is much better choice for me.

Topic: I stopped trading. 3 reasons why. - page 46. (Read 20687 times)