Topic: I stopped trading. 3 reasons why. - page 53. (Read 20702 times)
Lol ist incredible to know that everyone passed through that same problem i did the same jajaja i started to play blockchain gamers like chibi fight but the profits didnt go well for me, so i stayed with the bounty hunter extra cash its like everything to be constant and lucky to found a good proeyct i have joined a lkot of bounties and im only satisfied with 2 :p
That's good, don't force something you don't like with all your heart, if you feel burdened if you become a trader, stop and start something new that you like, but in my opinion, traders are art, prediction and patience. If you are very difficult to build these 3 aspects then it might be better if you stop being a trader
Trade need much time, where we always focus and check of our asset every time, we have ready for take action when have to sell or buy our asset to get profit, we lost time or internet access we can lost our money for get profit with trading.
For the second reason, you need knowledge for it. If you have knowledge about trading, its not require much time, just wait for the momentum then buy. I suggest to you to focus on daily time frame, that give you enough information about movement price.
While the market has stagnated a bit, I reduced my time in day trading and shifted it to doing some bounty campaigns instead. I think it is more productive than playing blockchain games.
I can't agree here. Trading has started to grow again and your dicision is not clear for me at all because its profitability is growing too. I will not giv it up.
Perhaps the most important problem in trading is stress, under its influence you cannot normally think and reason, you become greedy and impatient. You did very wisely.
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!
But what do you mean about blockchain game? did you mean about gambling?
no, not gambling. people can get confused when they hear something about blockchain games
you really don't need to check the coin price that much if you are a trader, because you can set up a buy and sell bot for it,
or you can also make long term investments. For you to be stress-free.
Gambling or playing using crypto is a much higher risk than trading, but if you really enjoy it, we are not the one to judge.
or you can also make long term investments. For you to be stress-free.
Gambling or playing using crypto is a much higher risk than trading, but if you really enjoy it, we are not the one to judge.
no, I don't experience gambling. I play games. It's much more fun
If you want to make money, you need to constantly be aware of events, monitor the rate of cryptocurrency. And the main thing is to stay cool, then you can expect success and save your nerves.
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!
I agree, the current market is too depressing for some traders to handle. A lot of people have lost their money due to the bear market. That is why most people kept away from crypto which resulted to lesser demand. Maybe, once the market starts picking up, some traders and investors will go back to crypto.
Indeed the life of a trader is not easy. Therefore, if you do not have much time to trade, invest your investments for a long period.
I too accept that my trading volume has decreased a lot as I am a passive trader or can't give a full time looking for the price fluctuations and current market is too risky for moving any sides. But for day traders, there are periodic crest and troughs enabling them to make a profit from day trade.
I totally agree here. Trading is not so good now. But according to the coming growth I am sure that it will not be ignored by participants at all here.
And I have no stress, because this is my extra income, I come after work and calmly trade.
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!
For me the only thing that people and me leave trading is the market condition is too stagnan.
Pumped and dumped by the whales make me stressed out
I have never even tried trading. I guess it is not for minnows anyways!! Plus you need to do so much of research, practice and constant vigil over news and prices. Too much of work.
And like you, I have also find my refuge in crypto games and Dapps. So many new, innovative games are launching these days. These days I'm really into this mainstream quality crypto game called Hash Rush. Do give it a try!
And like you, I have also find my refuge in crypto games and Dapps. So many new, innovative games are launching these days. These days I'm really into this mainstream quality crypto game called Hash Rush. Do give it a try!
dude take it easy man just pick few potential coin or ones you have experience on them and hone your skill on it first and also you should learn to endure a little
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.
Yes, these are not conditions anybody can continue. But no worries, keep your eyes open, the good days will be back sooner or later.
Yes, these are not conditions anybody can continue. But no worries, keep your eyes open, the good days will be back sooner or later.
Yes, there is a lot of stress and wasting of time but you know it's pretty ok for business. If you're not ready to be patient then you shouldn't even start.
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