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Topic: Loss almost 40%, should stop trading or not ? - page 26. (Read 32596 times)

sr. member
Activity: 467
Merit: 251
https://t.me/xwshamim
i think the problem is with your patience . its the time for buying alt coin and holding you ll get 50% profit for sure in any coin . so i ll suggest you not to stop here gain some knowledge about bitcoin and its market and continue
legendary
Activity: 1008
Merit: 1000
Seems like you do not have the stomach for trading if you came us to ask if you should quit.

Trading is no shortcut to becoming an instant billionaire. You need to remember that whenever someone is gaining from margin trading, someone else is losing as well. Everything depends on your luck.
The market is a tool to helps transfer money from trader impatient pockets to trader patience pockets. And when you give up, you will become to impatient people and helps some people still keep patience become to rich man
legendary
Activity: 2044
Merit: 1008
Seems like you do not have the stomach for trading if you came us to ask if you should quit.

Trading is no shortcut to becoming an instant billionaire. You need to remember that whenever someone is gaining from margin trading, someone else is losing as well. Everything depends on your luck.
newbie
Activity: 33
Merit: 0
Seems like you do not have the stomach for trading if you came us to ask if you should quit.
hero member
Activity: 2730
Merit: 632
Never stop trading. Look for opportunities. Buy low sell high.

He shouldn´t stop.

We all need plebs buying the top  Cheesy
I won’t mind really agreeing with you. It’s a sincere advice indeed. Giving up on trading at this time is not a wise decision. He should continue with trading. All that he needs is to show some patience and do good analysis of coins before selling and buying them. Just be little aware of crypto market fluctuations and learn how to cope with them. Losses are signs showing that you are struggling to do well.
Quitting on earliest time isnt really worth it and just like others said here that he shouldnt really stop since its been part of the learning process on doing trading and knowing that trading is really hard to do and cant be mastered on a short period of time. It would really takes time and patience for you to be profitable with it because if you do make serious on this mistakes then you would really not improved as a better trader later on.
legendary
Activity: 1526
Merit: 1001
Never stop trading. Look for opportunities. Buy low sell high.

He shouldn´t stop.

We all need plebs buying the top  Cheesy
I won’t mind really agreeing with you. It’s a sincere advice indeed. Giving up on trading at this time is not a wise decision. He should continue with trading. All that he needs is to show some patience and do good analysis of coins before selling and buying them. Just be little aware of crypto market fluctuations and learn how to cope with them. Losses are signs showing that you are struggling to do well.
legendary
Activity: 1176
Merit: 1024
Make a loss to gain multiple benefits. And more observant to see what a good coin.
But benefits from losses are becoming possible only we will be ready to spend some time to find out where is the actual problem and planning up how to avoid such problems in near future otherwise losses will create big financial crisis which may lead to frustrations.
member
Activity: 75
Merit: 10
Losses many or few make it as learning. Which is important no loss for the second time. Make a loss to gain multiple benefits. And more observant to see what a good coin.
sr. member
Activity: 291
Merit: 250
NO.

Dont be a FUD guy, lets rum together!
Crypto will rule the world.

Lets spread it.
If price is falling, only one way: HODL
hero member
Activity: 714
Merit: 500
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
You have just invested without any clear research.You must have made your own research to find the most under valued coin to get more benefits.You have sold your coins in panic.You should neither panic and sell nor you should buy due to FOMO.Better invest in older coins to minimize your risks.

That's right its better to invest in those coins that are existing since long time and have good volume as this coins will surely give you good returns if you wait for a right time but if you invest in shit coins then you can never expect good returns from it and you will likely loose your money in it.
hero member
Activity: 952
Merit: 500
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?
You have just invested without any clear research.You must have made your own research to find the most under valued coin to get more benefits.You have sold your coins in panic.You should neither panic and sell nor you should buy due to FOMO.Better invest in older coins to minimize your risks.
full member
Activity: 239
Merit: 250
patient, that's the key,
you said you buy at 0.082 BTC, look at it now,
it's hovering at 0.084 BTC
if you want to buy and sell fast, try to look at low price coins such as xvg
legendary
Activity: 2058
Merit: 1015
If you don't have patience you should really stop trading even from the start. Trading aren't for a person who doesn't have a patience because patience plays an important role in trading. It is one of the key to become succesful on this way.
newbie
Activity: 42
Merit: 0
Bro you must have more patience if I were you I will definitely hold the coins you had good that you sold already in loss. Trading is the game of patience always confident about your coins.
newbie
Activity: 3
Merit: 0
Never stop trading. Look for opportunities. Buy low sell high.

He shouldn´t stop.

We all need plebs buying the top  Cheesy
full member
Activity: 138
Merit: 100
Trading with btc - eth, I buy too high ( 0,082 ) and today I sell all on 0,077. Before that trade btc - ripple ( xrp ), make mistake buy 0,0002150 so today I sell with price 0,0001200. I decide to sell all because my patience is finish. I have loss almost 40% from my money, my question is simple ................. stop or continue?

Better to stop trading if you keep losing. If we choose to keep trading and keep losing, as much as any of your money in an instant will be exhausted.
sr. member
Activity: 560
Merit: 251
just purchase low and offer high. In the event that you got it low and it goes bring down then hold until it's high. Crypto is extremely unpredictable so don't give your feelings a chance to control you. Pick and purchase coins in the wake of doing no less than an entire day of research on it and really trust the coin will work. This is the manner by which I exchange till now it's been working out extremely well for me
member
Activity: 98
Merit: 10
Imo, trading is like playing Texas Holdem (Poker). If you can't find the fish on the table, then you are the fish swimming in a pool full of sharks. 95%+ traders lose money. As a beginner..sure you can get lucky, but the longer you stick around, the more chances those sharks will eventually gobble you whole. Everyone starts somewhere, but just know what you're up against.
sr. member
Activity: 291
Merit: 250
No and NO.

It is a good opportunity.
You have to see the overall market,.... I meant from its chart.
Chart does not lie,
Cryptoland is growing.
HODL
legendary
Activity: 1512
Merit: 1041
Don't give up, consider the loss as an experience, teacher.

I too got a lot of losses in start of trading but now I'm going in profit.
Could you share a little bit more how you got managed to make your frustrating trading into profitable trading ?

Because I do see many people are sharing about their continuous losses with trading even they are good with learning from their mistakes like why that losses had happened and what are the root cause for that losses. Still, they are sharing they are unable to tackle like how to avoid losses. If you come with some practical guidelines it will be good for many people including myself.
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