I quit trading as well basically because it is very stressful and requires a lot of emotional self control. The time spent monitors charts and making orders can be spent doing more important things.
I prefer to invest and hold instead of day trading
Topic: I stopped trading. 3 reasons why. - page 48. (Read 20698 times)
There is no doubts about the stress and time consumption associated with crypto trading especially the Day-trading. There are bots made for this purpose now, which makes the trader capable to set the limits, thus the price at which the you want to invest and price at which you want to sell to make profit.
During trading, you need to leave your emotions behind the threshold, otherwise you will never be able to trade profitably. As for the time, I spend no more than three hours a day and it is not much. At the expense of gambling, it is an addiction with which it is better to go to the casino, not to the exchange.
Thats right emotions must be separated from trade because it will affect the end of result, because when you are emotional you tend to make choices without clear analysis. and I think trading does take a long time dude, and it's used for analysis and research, but it will be worthed with the benefits that you will get
trading is good when you have a lot of money, trading is the worst thing that can help to earn money. as it too stressful and takes a lot of time, yes.
better to start with bounty
better to start with bounty
It is necessary to protect the nerves. Nervous cells are not restored. It is necessary to protect the health with a hammer.
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
Whatever you know best to do or whatever appeals to your interest, you just do it. Inasmuch as you find fulfillment in it, do not let anyone discourage you. Although i know nothing about blockchain games, but i am into bounty and trading and i can agree that both are time consuming and can be very stressful. 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
Lots of people have stopped. Do you know the true story of the word HODL? I think it's worthy for everyone to read so that they can easily leave the stress. Also, before investing, you should know the market behavior.
trading is not an easy job because there is a lot of research and there is the need ofpatience so not everyone can face with it and also if you don t have time you can invest in long term investments.
I agree with you. But it is interesting to trade every day if you have a big deposit. As for me, I check my exchange profile not more than 1 time a month.
everyone is in a stressful point. because all coin values are falling.
come back some time later when all prices skyrocket, then you will be excited again.
come back some time later when all prices skyrocket, then you will be excited again.
I understand the reason you mentioned, but I still did not leave cryptocurrency and chose to invest long term for now, with hope and optimism the market will recover
Bitter truth, everyone were jumping up and down when the value was rocketing, yes you have to leave the emotions in trading. You have to face bad times as well. Crypto is a new world you see lot of new faces here, let's believe in this for a good cause.
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
Unfortunately, you have to stop the transaction for three reasons. In my opinion, Crypto can create a good opportunity for investors. You can completely reconcile the above reasons. You can join other activities, travel, play Blockchain games ... because you can install new information, change the market on your mobile phone ... And you can still make decisions in a timely and clear manner. 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
During trading, you need to leave your emotions behind the threshold, otherwise you will never be able to trade profitably. As for the time, I spend no more than three hours a day and it is not much. At the expense of gambling, it is an addiction with which it is better to go to the casino, not to the exchange.
I agree that trading is very stressful and take a lot of time, but with games, you can't earn that money, even not close to it, so I think it is waste of time.
My condition is like what you are experiencing now, it's just that I no longer work in the company, so I keep watching every hour, and don't waste time, while I work on the signature campaign.
Select the best dip coin and buy some coins and set the limit order as the highest price ever achieved or hold the coins or tokens for 1-2 months you will get profits if it reach the price.its simple then watching price regularly.
Don't get addicted on the price checking.
Don't get addicted on the price checking.
And I have no stress, because this is my extra income, I come after work and calmly trade.
I am sure OP actually hit trading like a gambler and that is what I believe has affected him and gotten him frustrated. As long as you do not take your time to do the following, then, there will be such scenarios like this;- take your time to learn as much as you can
- while learning, develop a strategy that will suit you best
- After getting a good strategy, use paper trading or demo trading, to get used to the strategy, build on it, and fine tune it, while you gain confidence over time with its usage
- Once you have been able to gain confidence, try real life trading with few funds and use the same strategy to keep building on your experience
- Finally, never be in a haste to start making money, be careful of performing too much activities on the market, and discard emotions which is something that would easily go away with confidence in your strategy.
If you do not have a strategy when it comes to trading you are going to get emotional because you are just busy gambling. Trading though is not for everyone, as long as you do not have the patience to learn, which would really always set the difference.
At the moment, I also stopped trading, firstly I just want to take a break from the drifting market, and secondly in the permanent market it is very difficult to find really good deals that bring great profit. I'll take a break, then we will see.
yes there is so much stress on it but i have not stopped tradding, i remembered when i started forex trading, i couldnt keep up because of the stress and i can no longer focus on crypto because i am trying to catch up with trends
why you take for look so much, just do that 1x/day, dont need to check it everytime.
i think trading is not suit for you, just do something make you happy, if that game can make income for you jsut do that.
i also hate trading, and just do bounty for this time.
i think trading is not suit for you, just do something make you happy, if that game can make income for you jsut do that.
i also hate trading, and just do bounty for this time.
well I was really addicted. I believe a lot of people here are addicted
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