I stopped trading. 3 reasons why. - page 8.

Mypanara19

member

Activity: 826

Merit: 11

Quote from: btc_love on October 23, 2018, 06:49:44 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 #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

You are so right! And the most stressful part is not having the profit and earning that you expect to gain with all your trading and transactions given the time and effort you had spent on it..it's like you had comsume the whole day checking and watching your assets in an exchange platform but you did not even get a penny for your internet bill. But am still doing bounty although I dont have so much right now.

reallester

full member

Activity: 646

Merit: 102

http://Moonbet.io

Quote from: cris17 on May 22, 2019, 04:00:12 PM

I agree with you. Not allowed people can trade, not all people can handle the emotions and stress. I’m not trading anymore, but I invest my free money in promising coins. And I know that in future I will get good profit - it’s a long term investment.

good choise for long time investment when can't handle it all. still make stress when we hear and watch price on the market place. My assume we have to move from crypto market when become long investment. close your eye about market and for me playing game with my friend.

Isiaka208

copper member

Activity: 411

Merit: 1

I didn't know this would be discussed here one day. Trading takes a whole lot time. You need to be optionally available to monitor

salad daging

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Bitcoin To The Moon 📈📈📈

maybe what you say is true but trading is a job so it's not surprising if we have to be willing to do something a little heavy to get money
making money is something we have to do so that when you can get a lot of money that way then you have to want to do it even if you have to sacrifice a lot of your time

crispynougat

jr. member

Activity: 185

Merit: 1

☀️ Iskra Coin ☀️

You stop trading and playing blockchain games. I think it is very natural if you stop trading for such reasons. Many people stop trading because they have a loss. But it seems to me not so good. In a condition decreased better do another investment. Because the prices are very low, I am sure if all the coins can be recovered.

Cryptrx

jr. member

Activity: 498

Merit: 1

Worlds Simplest Cryptocurrency Wallet

I'm about quitting trading because it's very demanding both emotionally and financially, the market is so unpredictable and it makes it very difficult to make profit.

nekonyun

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Activity: 882

Merit: 101

Quote from: cris17 on May 22, 2019, 04:00:12 PM

I agree with you. Not allowed people can trade, not all people can handle the emotions and stress. I’m not trading anymore, but I invest my free money in promising coins. And I know that in future I will get good profit - it’s a long term investment.

maybe a long-term investment in altcoins that you believe is a good solution if you can't trade and can't control emotions. I myself have been trading for a long time but sometimes I can't control my emotions

Tagus45

copper member

Activity: 275

Merit: 1

Trading requires skills because crypto prices are very volatile, and if it makes you stressed, it's better to choose to hold.

aditasetia123

member

Activity: 464

Merit: 10

Quote from: JayTrain on May 23, 2019, 03:42:58 PM

Quote from: Kezacky on May 22, 2019, 03:53:35 PM

Quote from: Beccaman on May 22, 2019, 11:16:27 AM

Trading may take a lot of time, but if you approach it competently, the result will be worthy, in general, I think that trading is the most profitable activity in the cryptocurrency

trading is one wayt to get profits quickly, but if we have good coins to trade, at that time I suffered defeat when trading with greed ambitions. This is also what we need to pay attention to in the field of trade, then be aware of coins traded and always monitor price charts as well.

Yes, trade is also work, attention, and the like, but there are already ready resources that help newcomers to become experience, trade does not have to be fast, you can trade in hundreds of ways

as beginer or newbie in crypto market , we helped by many free resource to learn .expert often share their opinion in review site or even youtube.so there is no obstacle for tobe profesional investors.

JayTrain

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Activity: 1092

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Sugars.zone | DatingFi - Earn for Posting

Quote from: Kezacky on May 22, 2019, 03:53:35 PM

Quote from: Beccaman on May 22, 2019, 11:16:27 AM

Trading may take a lot of time, but if you approach it competently, the result will be worthy, in general, I think that trading is the most profitable activity in the cryptocurrency

trading is one way to get profits quickly, but if we have good coins to trade, at that time I suffered defeat when trading with greed ambitions. This is also what we need to pay attention to in the field of trade, then be aware of coins traded and always monitor price charts as well.

Yes, trade is also work, attention, and the like, but there are already ready resources that help newcomers to become experience, trade does not have to be fast, you can trade in hundreds of ways

dizzyDancer1995

newbie

Activity: 19

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Quote from: ?? on ??

Cheers, I got a question regarding the software. I have just bought the s9i antiminer from asicequipment. What software should I use for mining? Or it is already pre-installed on this model?

Asicequipment provide all in one soulution, they will install it and debug. No panic

MakeMoneyBtc

full member

Activity: 1092

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Trading is a complicated job and it's definitely not for everyone. That's exactly why most people fail to have a successful career in this kind of area because you need certain skills and qualities to be able to resist the pressure and maintain your calm in situations that are complicated. It's better that you didn't lied to yourself and you find out this job is not for you.

JayTrain

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Sugars.zone | DatingFi - Earn for Posting

Quote from: 10BTCaDay on May 22, 2019, 11:42:02 AM

Quote from: Beccaman on May 22, 2019, 11:16:27 AM

Trading may take a lot of time, but if you approach it competently, the result will be worthy, in general, I think that trading is the most profitable activity in the cryptocurrency

but this is the riskiest activity. trading in the cryptocurrency market you can earn a lot of money but also you risk to lose a lot also

There are risks in everything, the question is what you put on the card, if you use well-established mechanisms, strategies, and know your goals clearly, then the risk becomes minimal, but if you expect incredible profits from each transaction, while missing a small income, then just make a rule for yourself

BUK2016

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If you think it is time consuming and too stressful then you don't really make anything from what you do in crypto currency market. This is because, in my opinion crypto is the best way for one to make money with little or no stress at all.

cris17

full member

Activity: 640

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I agree with you. Not allowed people can trade, not all people can handle the emotions and stress. I’m not trading anymore, but I invest my free money in promising coins. And I know that in future I will get good profit - it’s a long term investment.

Kezacky

member

Activity: 746

Merit: 10

https://axiomapay.com/

Quote from: Beccaman on May 22, 2019, 11:16:27 AM

Trading may take a lot of time, but if you approach it competently, the result will be worthy, in general, I think that trading is the most profitable activity in the cryptocurrency

trading is one way to get profits quickly, but if we have good coins to trade, at that time I suffered defeat when trading with greed ambitions. This is also what we need to pay attention to in the field of trade, then be aware of coins traded and always monitor price charts as well.

Fuhre

full member

Activity: 644

Merit: 107

Quote from: btc_love on October 23, 2018, 06:49:44 AM

3) I started playing blockchain games (not gambling).

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

Maybe you really don't match Trading, because trading requires high seriousness. And it looks like you are more interested in Games, about the blockchain game, I don't think why if it can make you happy, especially if can bring profit. Because when working, our hearts should be in happy condition.

take_off

full member

Activity: 396

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Quote from: travwill on May 21, 2019, 05:51:06 AM

Quote from: Jose Mourinho on May 11, 2019, 10:57:14 AM

All analysis certainly never guarantees we can be successful and profit from trading, I think trading is like gambling because it has the same two sides, namely loss or profit, of course it's all up to you.

100% guarantee is never and never will be, however, analyzes help at least approximately adjust the course and determine the likely outcome of events. Without analysis, we would be completely blind.

You are right, if the analysis does not apply, then why are legendary traders able to make a profit when they participate in financial markets like stock or forex. Experiences from the market help them make their own analysis, gradually becoming a way to analyze charts

10BTCaDay

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Quote from: Beccaman on May 22, 2019, 11:16:27 AM

Trading may take a lot of time, but if you approach it competently, the result will be worthy, in general, I think that trading is the most profitable activity in the cryptocurrency

but this is the riskiest activity. trading in the cryptocurrency market you can earn a lot of money but also you risk to lose a lot also

styca

sr. member

Activity: 1078

Merit: 354

A fourth reason, depending on which country you're in, is taxes.
I know a lot of people ignore taxes, but with crypto moving (slowly) towards mainstream adoption, and KYC an increasing requirement on exchanges, it will get harder and harder to not take tax considerations into account.
In the UK, it's not just cashing out to fiat that incurs taxable capital gains, but any crypto to crypto trade does as well... so worth bearing in mind for those who aren't aware.

Topic: I stopped trading. 3 reasons why. - page 8. (Read 20702 times)