Loss almost 40%, should stop trading or not ? - page 8.

stunvn

full member

Activity: 266

Merit: 100

Quote from: stunvn on August 07, 2017, 07:36:50 AM

All altcoins are dead at the moment. How can you guys still making money?

I even buy low but tomorrow the price goes lower and touched my stop-loss. Fuck that, I thought that if I don't put stop-loss, it won't touch it and will bounce up soon. But no!!! fuck! I bought STRAT, didn't put stop-loss because of fear of losing. But no. It went lower tomorrow when BTC surge to $3k more. FML.

I thought this month all alts will have a brighter future but no! BTC up to the ATH and alts fall back. I lost 0.6 BTC in 20 days.
I wish I never buy any altcoin, I should stay with my bitcoin. The idea should have more bitcoin turns out losing almost everything.

I have no LUCK. FML.

I'm on a losing streak. I should hold bitcoin and quit trading for a month a two to peace my mind again.

Hey guys!!!!

It's me. I'm back after quit trading for 1 month (September). Back on the road in October.

With my losing experience, now I am playing safe.

I lost 0.6 BTC in August, leave me with only 0.09 BTC in my wallet. I was living like a zombie, lost everything, no hope, no more happiness, i was angry with my GF, I hated everything, cry everynight about my mistakes, I want to kill myself... ETC... Jesus you don't want to know everything.

But, now, after 2 months of trading, I am having 0.8 BTC. Cashed out 0.2 BTC for living things, donated to a Red Cross Organization in my hometown (after got hit by Damrey storm) and the rest for saving.

I'm so happy at the moment. I don't rush in trading coins like I used to be. I only trade 2-3 altcoins in 1 month. I'm lucky, I chosed WaltonChain (WTC), VTC, BNB, CFD (Too bad it was a scam project but I managed to get out a week before they turn dark).

When I see a rising coin, I stay away from it, I managed to avoid any FOMO on the market. Yes, and I missed VTC run last month. But it's okay.

I have no skills, only luck. And my will to start again without surrender the market.

Oo ako to

full member

Activity: 238

Merit: 100

You should start accepting that it's part of trading because if not then you really need to stop because there will be a lot more loss before you can finally make winning trades. In my opinion, you should at least try it again because crypto trading is still the best earning platform out there.

TomSawyer

jr. member

Activity: 54

Merit: 10

I lost 80% my balance for 2 weeks ago. And now it's just 60% lost. Do whatever you want and feel happy with it. Trading is a game, win or lose based on your luck. Just my thought.

phantasma19

newbie

Activity: 28

Merit: 0

there are days when you just have to stop making clicks. It happened to me as well last time when I just lost $5000 just continuing on and on in order to make up the loss.

Shanmatthew

member

Activity: 243

Merit: 10

Quote from: nicolas1979 on May 28, 2017, 08:47:01 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?

I think you should continue that for trading 40% is a big mistake for your coin wallet but its not a reason for quiting alone.that's a part of trading.so keep on going to trade because you have 60% left.you can get your lose 40% if lucky in trading.it need knowledgeable and be wisely. Trading so risky.

kamBlanV

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Activity: 441

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Bcnex - The Ultimate Blockchain Trading Platform

Quote from: ?? on ??

stop.. you hae to chill and become relaxed to starv once again or else you gonna lose more than what you shed now. be patience and make your misplaced as the encounter on subsequent invesment.t

I agree with you that you should stop to trade the coin. because there are still many other altcoin that can provide benefits.
do not give up with failure.

cryptocrusher

full member

Activity: 420

Merit: 136

Quote from: Vongola on November 20, 2017, 09:18:40 AM

Quote from: militarymonster1027 on November 20, 2017, 03:00:53 AM

You shouldn't stop if it is something you enjoy. You should instead just learn more about it first, then trade.

How would you be able to enjoy while you have losing 40% from your balance? doesn't make any sense. After this big losing, i think OP is too afraid to trade again

Well some see trading similarly to playing poker or roulette, they do not necessarily intend to profit because they enjoy the time that they spend, for them it is no different than going to the movies for example. This is all well and good however but only if the OP is risking money they can afford to lose, if they are not then they should stop trading before they do harm to their life and wellbeing.

Vongola

hero member

Activity: 742

Merit: 505

Quote from: militarymonster1027 on November 20, 2017, 03:00:53 AM

You shouldn't stop if it is something you enjoy. You should instead just learn more about it first, then trade.

How would you be able to enjoy while you have losing 40% from your balance? doesn't make any sense. After this big losing, i think OP is too afraid to trade again

Estimated

newbie

Activity: 44

Merit: 0

No, don't stop. It happens to a lot of traders and not just you OP. The best thing you can do is stand up from your fall and keep on fighting. You don't give up! There is always a chance you can get big in trading, all you need to do is keep on trying and improving your skills.

TitanGEL

sr. member

Activity: 1036

Merit: 281

Quote from: nicolas1979 on May 28, 2017, 08:47:01 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?

It depends on you if you will continue trading or not! I am sure that you can overcome all of your loss in the trading if you always hardworking. You can become a successful trader if you will focus in the trading world.

supine

full member

Activity: 1036

Merit: 109

Quote from: nicolas1979 on May 28, 2017, 08:47:01 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?

I think you should be more patient when it comes to trading. You'll lose a lot if you keep trading at a low price. You need to look at the bigger picture. Back then, there was a time when I held on my Etherium for 3 months because it's value was not really stable. I hoped and waited for what's gonna happen. After, 3 months I achieved the price that I wanted.

militarymonster1027

member

Activity: 62

Merit: 10

You shouldn't stop if it is something you enjoy. You should instead just learn more about it first, then trade.

aencarnaci

sr. member

Activity: 448

Merit: 281

Quote from: pantek talacuik on November 11, 2017, 08:20:09 AM

not with the 1 failure you get makes you desperate. at least make your failure as a lesson and experience for the future. trading always has risks, so you should be smarter again if you want to continue your trading.

This actually end up with all those who can’t control their emotions. While trading there are some facts that need to be digested before you start trading. The foremost and most stunningampthey is, “There are profits and losses and risks are attached in either case”. You should be easy with all this risky stuff because business is nothing without taking less risky options. Good luck!

JohnBitCo

sr. member

Activity: 2030

Merit: 356

Quote from: ZeidFreak on November 19, 2017, 03:21:47 AM

Quote from: nicolas1979 on May 28, 2017, 08:47:01 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?

me i lost 70% of my earnings because of bad decision in trading.. but im not losing hope still. i know i can get it back.. try and try until you succeed.. you lose when you give up.. so never give up.. success is in front of you

You should stop trading .You're doing totally wrong crypto currencies not work like this. Its not easy to deal with these coins a lot of time and knowledge required to work with it. Bitcoin and other alt-coin never works with your emotion. I think you learn a lot from it a man learn from his mistake you can start again only if you understand trading. NEVER SELL YOUR COINS AT A LOWER PRICE YOU BOUGHT THEM

ZeidFreak

member

Activity: 200

Merit: 10

Macho Gwapito ako!

Quote from: nicolas1979 on May 28, 2017, 08:47:01 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?

me i lost 70% of my earnings because of bad decision in trading.. but im not losing hope still. i know i can get it back.. try and try until you succeed.. you lose when you give up.. so never give up.. success is in front of you

khalifa25

member

Activity: 242

Merit: 10

for me my advice is Dont go with your emotion Calculate the instance and have more patience Its like a game try to be more strategic Dont stop trading, Its normal to lose but learn from the things that you already experienced and make sure you wont do it again in agian .

GeniusAko

full member

Activity: 434

Merit: 117

Quote from: nicolas1979 on May 28, 2017, 08:47:01 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?

No! It is a bad idea! do not stop trading! I can say that it is part of being trader when you lose some of your money. Your mistakes can increase your knowledge about trading. Continue the trading for you to become rich.

metribitcoin

full member

Activity: 420

Merit: 102

I think you should be stop a few month, then learn your mistake . Then just make investment in strong fundamental coin like BTC, ETH, DASH, WAVES . By hold good coin will be more profitable than altcoin trading and less risk. But for the altcoin use pair with USDT and dont use pair with BTC because the price of BTC strong uptrend. And if you feel have better strategy and better trading plan, you can continue to trading but use only 10% from your fund to reduce the risk.

Vongola

hero member

Activity: 742

Merit: 505

Quote from: Tashi on November 18, 2017, 04:40:12 AM

It is not good to stop loss in bitcoin trade. Because for as we all know bitcoin will boom always, so why you are stop losing your trade?

Well, let me tell you a good strategy on this one, you should go condensing your portfolio in order for your loss will stay low.

OP wasn't doing bitcoin trade. But he did ETH trade and some altcoins, unfortunatelly for him price of the altcoins he traded are falling.
He did managed his portofolio by divide his money to some altcoins, but still, he wasn't lucky

AndrewKrypto

newbie

Activity: 5

Merit: 0

I guess everyone has problems at the start,you just should learn !

Topic: Loss almost 40%, should stop trading or not ? - page 8. (Read 32551 times)