Loss almost 40%, should stop trading or not ? - page 26.

Yutikas_11920

hero member

Activity: 714

Merit: 500

Quote from: harjas2517 on July 18, 2017, 08:43:10 AM

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.

Hmm, indeed an advantage in trading comes from patience and if we don't have it already certainly will get plenty of big losses. Because trading is not just play the power of our thoughts, but also look at the available data. Because a trading has always been transported or renewal, if we can't follow it's definitely going to get the loss. So, be someone who is impatient, and always sharpen our analysis

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

You should stop trading,revise your strategy and learn from more experienced traders and do paper trading first or with very low amounts so you can test your skills. Also look to trade coins who have great technology and developers backing them so even if you buy too high it will eventually raise above that.
And don't forget to have patience! Wink

viralz

sr. member

Activity: 291

Merit: 250

Dont leave us!

Keep trading, it is good to buy more, check the charg and do some analysis, predict next year.
At least HODL!

hutay5

newbie

Activity: 32

Merit: 0

Quote from: nicolas1979 on May 28, 2017, 09:47:01 AM

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?

But this is not investing in something. This is just buying something & selling when the time is wrong. If you plan on investing for example in a house or a piece of land, first you decide how long time after you plan to get good returns to your investment. If you do not set a time frame to your investment, the rest words we all will be saying would be meaningless. you have already given away %40 of your investment who is patient enough to make money. Now how will we be able to teach you investing in coin trading?

xwshamim

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

fearcoka

legendary

Activity: 1008

Merit: 1000

Quote from: Netnox on July 19, 2017, 02:02:53 PM

Quote from: mrdunns on July 19, 2017, 01:33:56 PM

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

Netnox

legendary

Activity: 2044

Merit: 1008

Quote from: mrdunns on July 19, 2017, 01:33:56 PM

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.

mrdunns

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.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: n691309 on July 19, 2017, 12:19:11 PM

Quote from: sirwalterkek on July 18, 2017, 03:47:29 AM

Quote from: ?? on ??

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.

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: sirwalterkek on July 18, 2017, 03:47:29 AM

Quote from: ?? on ??

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.

rickadone

legendary

Activity: 1176

Merit: 1024

Quote from: afan.sya on July 18, 2017, 10:52:54 PM

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.

afan.sya

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.

viralz

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

Collider

hero member

Activity: 714

Merit: 500

Quote from: HasHe on July 18, 2017, 09:00:35 PM

Quote from: nicolas1979 on May 28, 2017, 09:47:01 AM

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.

HasHe

hero member

Activity: 952

Merit: 500

Quote from: nicolas1979 on May 28, 2017, 09:47:01 AM

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.

Cryptoshaft

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

Shinpako09

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.

harjas2517

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.

sirwalterkek

newbie

Activity: 3

Merit: 0

Quote from: ?? on ??

Never stop trading. Look for opportunities. Buy low sell high.

He shouldn´t stop.

We all need plebs buying the top Cheesy

aimndableck

full member

Activity: 138

Merit: 100

Quote from: nicolas1979 on May 28, 2017, 09:47:01 AM

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.

Topic: Loss almost 40%, should stop trading or not ? - page 26. (Read 32531 times)