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Topic: Loss almost 40%, should stop trading or not ? - page 31. (Read 32531 times)

legendary
Activity: 1050
Merit: 1001
I suggest you to just buy and don't sell. In trading, mostly there will be regrets and only regrets.
Well taking up on your reply it is wrong to just buy you will only wasting your money .You need to have a research first in need if you are not familiar in the altcoins that you are going to spend .Education in altcoins is needed before buying any coins in the exchange that will give you profit in the future.
Indeed if you do it in random way , you will just wating your money like that.
But when you do it in well prepared way like have made a lot of research that the coin has a lot of potential then the idea could be good enough.
Like when eth on 0.03 you bought them and hold it till the prediction eth could up to 0.3 or 0.4 bitcoin! The pount is do your own research .
hero member
Activity: 2520
Merit: 783
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?

Yeah as everybody says, just trade what you're able to lose.
So I hope by this time you already stop in trading.
You trade with much emotions without thinking what will be the circumstances.
Stop before you end up in nothing. Or if you really wish to continue, i hope you learned from your mistakes.
Like in everybend if the day, is it you that can decide my friend.
hero member
Activity: 1246
Merit: 529
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I suggest you to just buy and don't sell. In trading, mostly there will be regrets and only regrets.
Well taking up on your reply it is wrong to just buy you will only wasting your money .You need to have a research first in need if you are not familiar in the altcoins that you are going to spend .Education in altcoins is needed before buying any coins in the exchange that will give you profit in the future.

Indeed. There are coins that are profitable and are almost sure to recover in price in the right time. So observe the history and charts of the coins you're interested in and its likely you'll know when the best entry point is. Its also good if you have a coin tracker so you won't miss the movement of these coins even if you're not at home.
hero member
Activity: 588
Merit: 541
When you see people talk about the weak hands it's not a metaphor actually it's literal, when they grab something it will become harder and harder

To hold it they get tired and drop it. what you need to do is waiting 10 days or 7 days at least before deciding to sell or not, prices in markets will

Never change the way you expect them to do, this is the risk of trading every one always mention, after you buy a coin you'll have to wait for an

Increase, you either see it soon and will sell then or you'll never be able to sell it with a profit and you'll lose. if you are not up to this then don't

Get into trading.
hero member
Activity: 854
Merit: 500
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I suggest you to just buy and don't sell. In trading, mostly there will be regrets and only regrets.
Well taking up on your reply it is wrong to just buy you will only wasting your money .You need to have a research first in need if you are not familiar in the altcoins that you are going to spend .Education in altcoins is needed before buying any coins in the exchange that will give you profit in the future.
full member
Activity: 161
Merit: 100
I suggest you to just buy and don't sell. In trading, mostly there will be regrets and only regrets.
sr. member
Activity: 1918
Merit: 256
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The price drop make newbie traders sell because they think it will not rise again, I have experienced this issue when I was a newbie trader, after that I discovered that I should not fear, because for the top marketcap coins, it is just a matter of time to recover their prices.
It happened to me, obviously.
I'm always worried after the price drops the coin will not rise again.
sr. member
Activity: 1624
Merit: 267
Dont stop in trading because trading you can earn a lot of bitcoin. But you need a lot of patience in trading. My strategy is when I bought coin and the price dump I will buy more again thats startegy is really works. Dont be afraid if you bought altcoin and the price is dump because you have chances to buy more coin with cheap price. I suggest make a lot of resesrch first before buying altcoin.
hero member
Activity: 3024
Merit: 745
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Ya you better stop what you were doing and start trading. because am not sure you were trading over there

He's already been trading and has a big percentage of lose already.

There are soo many formulas and trading strategy out there for trading all of them confirm to one " BUY LOW SELL HIGH"

It's the only way to make profit in trading, buying at low price and selling it at higher rate for profit taking.

so go out there look out for those formulas and strategies try some and adopt yours or even create yours. then you can start trading ..

He can follow some people who are giving free signals and speculations, it can be helpful but not all the time.
legendary
Activity: 882
Merit: 1000
I suggest to you continue to trade because trading is onr of the best way to grow our bitcoin. You need a lot of patience and research before you earned . Dont give up bro for sure you will earn bitcoin in the future and dont put all your bitcoin in one altcoin only because in your post you are only bought ripple I think.
But continuing the trading without rectifying the mistakes which were the root cause for losses will not make any sense as there will be no guarantee like losses will not occur in similar manner again. To have safer trading at least from this point, I strongly suggest to go for learning skills till then stopping trading must be a good idea.
legendary
Activity: 2996
Merit: 1054
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I sugges to you dont stop in trading . Because if you stop trading your lose your opportunity . Trading is not easy but you can earn bitcoin ifbyou fully confident of  what you doing  . You need more time also and patience. Make a lot of research first before buying alrcoin to make sure that your altcoin you want to buy have potential . If you do this you prevent losing bitcoin.
confident is not the deal mate its knowledge that you can learn while you are inside trading its better to have this in order for you to gain confidence and it will allow you to earn and gain back what you have lose, experience is the best teacher in life though.
hero member
Activity: 1274
Merit: 513
I sugges to you dont stop in trading . Because if you stop trading your lose your opportunity . Trading is not easy but you can earn bitcoin ifbyou fully confident of  what you doing  . You need more time also and patience. Make a lot of research first before buying alrcoin to make sure that your altcoin you want to buy have potential . If you do this you prevent losing bitcoin.
full member
Activity: 475
Merit: 105
Ya you better stop what you were doing and start trading. because am not sure you were trading over there
There are soo many formulas and trading strategy out there for trading all of them confirm to one " BUY LOW SELL HIGH"
so go out there look out for those formulas and strategies try some and adopt yours or even create yours. then you can start trading ..
hero member
Activity: 1834
Merit: 523
I suggest to you continue to trade because trading is onr of the best way to grow our bitcoin. You need a lot of patience and research before you earned . Dont give up bro for sure you will earn bitcoin in the future and dont put all your bitcoin in one altcoin only because in your post you are only bought ripple I think.
newbie
Activity: 15
Merit: 0
Just follow good traders on tradingview like EXCAVO, VerthaghOG or AaronX. Just check what these guys do and try to figure out whats the most +EV move.
You can also follow me @dilivio on tradingview or mrCryptoG at twitter.

You will never learn if you just follow other trading ways how they making profit.. much better to make your own strategy or monitor the market and learn to put your own margin of every coin..
You can try to use spark profit if you are newbie it can be good to start for beginners to learn to make your own margin.. and its free but you will earn points that you can exchange into bitcoin or usd..

LOL, its all about making more BTC. Try to use the indicator GODMODE in combination with stoch rsi and MACD. Winning combination.
legendary
Activity: 3122
Merit: 1398
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The price drop make newbie traders sell because they think it will not rise again, I have experienced this issue when I was a newbie trader, after that I discovered that I should not fear, because for the top marketcap coins, it is just a matter of time to recover their prices.

It's not that they think it will not rise again but they are easily being drived when there is massive readings about sold bitcoins now or they are worried that their profit are dramatically decreasing in no time without realizing that everything will be fine after all depends on the coin they are trading as some coins are pump and dump session in whole operational progress.

Reality, most of the average traders are having a weak hands. But sometimes the weak hands movement are effective since others can take profit and price will really decrease more for even at least 50-100%.

hero member
Activity: 700
Merit: 500
Massive price drop coming...
Just follow good traders on tradingview like EXCAVO, VerthaghOG or AaronX. Just check what these guys do and try to figure out whats the most +EV move.
You can also follow me @dilivio on tradingview or mrCryptoG at twitter.

You will never learn if you just follow other trading ways how they making profit.. much better to make your own strategy or monitor the market and learn to put your own margin of every coin..
You can try to use spark profit if you are newbie it can be good to start for beginners to learn to make your own margin.. and its free but you will earn points that you can exchange into bitcoin or usd..
legendary
Activity: 1232
Merit: 1091
The price drop make newbie traders sell because they think it will not rise again, I have experienced this issue when I was a newbie trader, after that I discovered that I should not fear, because for the top marketcap coins, it is just a matter of time to recover their prices.

Everyone has been through the sell in panic stage, I am definitely not an exception, but the main point of importance is that we understand what we did wrong. There are loads of people that keep making the same mistake as it is almost a never ending cycle for them. Panic sell, buy back, panic sell, buy back -- these people should stay far away from trading/investing for their own well being....
newbie
Activity: 15
Merit: 0
Just follow good traders on tradingview like EXCAVO, VerthaghOG or AaronX. Just check what these guys do and try to figure out whats the most +EV move.
You can also follow me @dilivio on tradingview or mrCryptoG at twitter.
hero member
Activity: 924
Merit: 500
The price drop make newbie traders sell because they think it will not rise again, I have experienced this issue when I was a newbie trader, after that I discovered that I should not fear, because for the top marketcap coins, it is just a matter of time to recover their prices.
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