What you should mentioned are somehow the possible reasons why a long term trader end up quitting. As long as they are not profiting anymore from trading, then quitting is never a bad decision. After all, trading is not the only option that can give us satisfying and long term profits, buying and hodling are also capable of giving us excellent profits.
However, I can’t be certain with these reasons since until now I’m still trading at some point. Although not really often, but I’m still not quitting trading. But if trading could mean giving me a hard time in living life at its fullest, and is making me emotionally and mentally unhealthy, then I would also end up quitting trading without a doubt.
Topic: Question for experienced traders (Read 521 times)
- For your information, crypto trading is very broad. If I base it on my experience, I first faced frequent losses before reaching the point where I usually get a profit.
Because even though you know a lot about trading, there are still arguments when it comes to technical analysis, which is very different when it comes to the actual trading activity itself.
Debate will always exist normally as long as there are new methods that emerge and can be used in trading with the aim of making it easier for every trader to carry out the trading itself. Because loss and profit are very natural things and are indeed easier for us to find in trading so that it actually doesn't need to be discussed other than just about new methods and technical analysis that are still used so far by most traders until whenever. Because even though you know a lot about trading, there are still arguments when it comes to technical analysis, which is very different when it comes to the actual trading activity itself.
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
For someone that have made up their mind to quit trading because of an advise from a friend, that means they can never be a profitable trader. A trader that have made up his or her mind to learn trading should be aware enough that with every hardship comes ease. They just have to face the reality of trading which losses is part of it. If they don’t give up, with time they’ll be able to benefit from it. If you’ve made up your mind in the first place, quitting shouldn’t be an option when a friend advises you to.
Another long term losses someone can quit trading is if he continues to lose in trading but later got married and having children. He will know he has to quit to be a reliable and a responsible father. To quite trading would be a wise choice for this kind of person. This is in accordance to some researches.
The reasons most people quit trading are losses, long term losses and having more responsibility in the family like becoming a husband and a father.
The reasons most people quit trading are losses, long term losses and having more responsibility in the family like becoming a husband and a father.
This is the best answer to the question the OP asked. Trading when instilled in someone takes time before one can leave it. A lot of reasons might be there to convince you to leave trading and if that reason isn’t convincing enough, you’ll still want to keep trying and hope that maybe your lucky day will still arrive. There are some responsibilities that when arrived in your life and you want to be seen as a responsible person, you’ll quickly leave trading and focus more on something that will make you profitable after the so much loss you must have incurred from trading.
I have feeling when we have one experienced trader who is taking good profit from his work will never go for any other way and leave this for investing or related things because this is one of the most interesting thing which is he doing and taking good profit.
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It is never that simple, traders can quit even when they are obtaining profits, and this is because trading is a job that is too difficult and too time consuming, since the level of concentration that you need to keep for hours every single day, and in which just taking your eyes a few seconds off the screen can mean the difference between making profits or not is not something that many people can keep doing for decades, so many traders despite the success they are currently having prefer to make a transition and become investors instead. ...
On this I will say there is no guarantee too that you will be able to make profits from holding too, because it’s basically a form of trading or rather prediction too but only has less risk compare to the future trading. The unexpected factors or manipulation (although this is for Altcoins) that you mention are also in the case of holding of coin but the risk is minimal due to its longevity
There is no guarantee of success in both but only past experiences is what derives the believe of investors that they will be able to Make profits investing, same as trading. The Reason for all the technical analysis is just to catch the trend and also check where bitcoin reacted to in the past, with proper risk management as stated you reducing your risk to reward which will make you profits. So with this knowledge you can definitely make Zoe
Profits from trading.
Trading is different from investing. In investing, we are actively trading or flipping coins to gain a profit but in investing, we are only holding our assets and wait for the bull market to earn a profit. Investing still has some elements of trading once an investor sells their assets for profit. Sometimes, they can just choose to trade it with other assets that are also high in value to make things easy for them.There is no guarantee of success in both but only past experiences is what derives the believe of investors that they will be able to Make profits investing, same as trading. The Reason for all the technical analysis is just to catch the trend and also check where bitcoin reacted to in the past, with proper risk management as stated you reducing your risk to reward which will make you profits. So with this knowledge you can definitely make Zoe
Profits from trading.
Both acts are unpredictable but if you have stock a good knowledge about them, you will know what assets to pick and what actions to do to make you more successful with them. Future trading is another variation of a simple trading or also known as spot trading. It's more advanced but a spot trading alone is still more riskier than investing. Manipulations are not only for altcoins or on it's specific type but it happens too in BTC. Their effects for it can only be less though because the supply of BTC is already well distributed and other factors can be a reason for it. Technical analysis is an important part of trading. It's not just what you call existing for a trend.
Even if you have all the necessary elements to be called a professional trader, there is no guarantee that you will make a profit from trading or that making a profit from trading is easy . Because even if you use all the knowledge and skills you have, you will never be able to predict unexpected factors, or manipulate...Therefore, there will always be certain risks in trading and making profits from it is not easy .
Bitcoin is unpredictable because there are always unexpected impacts, events, or shark manipulation in the short term. Therefore, to minimize the risks from those things for ourselves, long-term holding will be a much better choice.
On this I will say there is no guarantee too that you will be able to make profits from holding too, because it’s basically a form of trading or rather prediction too but only has less risk compare to the future trading. The unexpected factors or manipulation (although this is for Altcoins) that you mention are also in the case of holding of coin but the risk is minimal due to its longevity
There is no guarantee of success in both but only past experiences is what derives the believe of investors that they will be able to Make profits investing, same as trading. The Reason for all the technical analysis is just to catch the trend and also check where bitcoin reacted to in the past, with proper risk management as stated you reducing your risk to reward which will make you profits. So with this knowledge you can definitely make Zoe
Profits from trading.
I'm just saying that choosing to hold will help minimize our risk, I'm not saying that holding will guarantee safety and will definitely be profitable. For me, once it is called an investment and can be profitable, it can also bring risks, nothing is absolutely safe or guaranteed in any market.
We have heard many stories about people becoming rich by investing and holding bitcoin. Have you ever heard of someone becoming a millionaire by trading in bitcoin? I have never heard of any such story and that is why holding is always preferred and encouraged over trading.
By the way, when I say manipulation that includes bitcoin, without exception, bitcoin is also manipulated in the short term. But the level of bitcoin manipulation is less than that of altcoins and shitcoins.
I have feeling when we have one experienced trader who is taking good profit from his work will never go for any other way and leave this for investing or related things because this is one of the most interesting thing which is he doing and taking good profit.
But, we still have few other options for the peoples those love to have changes, they can bring changes by having some profit with investing as well but unfortunately this option is not attractive most crypto people.
For the peoples those are having trouble in trading and feel no comfort, they can go through for the option which is surely easy for them. but it needs good intention from them because if they do not keep checking their investments which are they doing for profit, they can also go for the lost and things can go into opposite side. So, if you are having trading or investing you need to stay always alert for keeping things well organized for your safety.
But, we still have few other options for the peoples those love to have changes, they can bring changes by having some profit with investing as well but unfortunately this option is not attractive most crypto people.
For the peoples those are having trouble in trading and feel no comfort, they can go through for the option which is surely easy for them. but it needs good intention from them because if they do not keep checking their investments which are they doing for profit, they can also go for the lost and things can go into opposite side. So, if you are having trading or investing you need to stay always alert for keeping things well organized for your safety.
Even if you have all the necessary elements to be called a professional trader, there is no guarantee that you will make a profit from trading or that making a profit from trading is easy . Because even if you use all the knowledge and skills you have, you will never be able to predict unexpected factors, or manipulate...Therefore, there will always be certain risks in trading and making profits from it is not easy .
Bitcoin is unpredictable because there are always unexpected impacts, events, or shark manipulation in the short term. Therefore, to minimize the risks from those things for ourselves, long-term holding will be a much better choice.
On this I will say there is no guarantee too that you will be able to make profits from holding too, because it’s basically a form of trading or rather prediction too but only has less risk compare to the future trading. The unexpected factors or manipulation (although this is for Altcoins) that you mention are also in the case of holding of coin but the risk is minimal due to its longevity
There is no guarantee of success in both but only past experiences is what derives the believe of investors that they will be able to Make profits investing, same as trading. The Reason for all the technical analysis is just to catch the trend and also check where bitcoin reacted to in the past, with proper risk management as stated you reducing your risk to reward which will make you profits. So with this knowledge you can definitely make Zoe
Profits from trading.
Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
-Regards
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
-Regards
I don’t have a story of my own to tell in that regard but what I think make someone that experienced as you said quit trading must have to be something huge that cannot be neglected. As an experience trader, I can’t see any possibility of you leaving trading. If you’re that experienced, you would be profitable already and if you’re already, what could be the reason you want to stop trading. It all falls back to your psychological mindset to be able to hold and be consistent in your trading that will determine you leaving or staying. Over all, what I still think is that if you’ve made up your mind to make that money from trading, you won’t leave no matter what it losses you might have gotten from there.
~
Cause im dumb. And impatient. Mostly impatient I guess, which lead to dumb decisions. Took a bit of time to realize but it was pandemic at the time so I had plenty of it. Stopped and took a break for like a year I think? Or a year and a half. Still looked at the market and stuff but didn't trade myself. Glad I didn't lol since I tested some of my "hypotheses" and most of them lost me money.Ever since then I just went to DCA (when I started doing crypto again). Glad I did.
Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
-Regards
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
-Regards
- For your information, crypto trading is very broad. If I base it on my experience, I first faced frequent losses before reaching the point where I usually get a profit.
Because even though you know a lot about trading, there are still arguments when it comes to technical analysis, which is very different when it comes to the actual trading activity itself.
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
when you have difficulty getting profit from your trade, maybe you need to do something else. I was in a situation like that when trading with more experience I have led to saturation when the profit obtained is not satisfactory enough.Maybe you followed the advice of your friends and quit trading
Any stories are interesting
I didn't leave trading. because sometimes I still do it even though it's not routine, and it's more fun and I enjoy it. focus on investing in Bitcoin, and keep increasing the amount you hold. you can trade or do other activities, but ensure it doesn't interfere with your investment.
Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
Just look on the chart will give you an idea that a simple holding will keep you away from stress of trading while you can gain same profit or more if you will just hold without the risk of losing, only paper loss on investing.
What motivates to push holding is the experienced of being left behind right after I sold my holdings which I can gain more profit if I just hold.
If you are not so pro trader, much better to hold rather than trade blindly.
If they don't have good risk management and capital management, trading is simply not for them but to succeed with trading, they need more than that. Other requirements like knowledge about fundamentals, technical indicators for trading, good discipline to do well in both risk and capital management, and enough experience in the market. Maybe more and if a trader lack of many of these things, it's more like gambling, like you said, than trading.
Even if you have all the necessary elements to be called a professional trader, there is no guarantee that you will make a profit from trading or that making a profit from trading is easy . Because even if you use all the knowledge and skills you have, you will never be able to predict unexpected factors, or manipulate...Therefore, there will always be certain risks in trading and making profits from it is not easy .
Bitcoin is unpredictable because there are always unexpected impacts, events, or shark manipulation in the short term. Therefore, to minimize the risks from those things for ourselves, long-term holding will be a much better choice.
For me, it's not that I lost big amount, it's that I can't get the profit that I wanted and it's taking so much of my time, and so yes, it's really fatiguing and not getting the results that you envisioned. So I just quit while I'm not in the a big negative losses.
Trading requires time spent for it and it can affects your time budget for other things like being active physically. Trading is not for everyone to get profit and most traders get loss, not profit. Your decision to quit trading when you feel it is not fitted for you and you can not do well trades to get profit as there are other ways to increase your capital, gain profit by investment into good assets and Bitcoin gives you chance to invest in it, get richer with it. You only need to secure your wallet, bitcoin safely and hold it to wait profit comes passively.Quote
And then I became a proponent of trading is not for everyone. Specially if you are not a person that doesn't like risk, you might end up making the wrong decision or simply might regret not taking this and that trade.
Trading or investment, there is always risk and you have to accept risk, take it in either trading or investment. It's just risk with Bitcoin investment is a lot smaller than risk of trading Bitcoin.Quote
So it's not that easy as it sounds like, nothing against those who are very successful and making a lot of money in trading, then good for them. But again, it could not fit everyone as we have different mindset in terms of risk and we all know that trading is like gambling or at least they have similarities.
If they don't have good risk management and capital management, trading is simply not for them but to succeed with trading, they need more than that. Other requirements like knowledge about fundamentals, technical indicators for trading, good discipline to do well in both risk and capital management, and enough experience in the market. Maybe more and if a trader lack of many of these things, it's more like gambling, like you said, than trading. 
Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
-Regards
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting
-Regards
For me, it's not that I lost big amount, it's that I can't get the profit that I wanted and it's taking so much of my time, and so yes, it's really fatiguing and not getting the results that you envisioned. So I just quit while I'm not in the a big negative losses. And then I became a proponent of trading is not for everyone. Specially if you are not a person that doesn't like risk, you might end up making the wrong decision or simply might regret not taking this and that trade.
So it's not that easy as it sounds like, nothing against those who are very successful and making a lot of money in trading, then good for them. But again, it could not fit everyone as we have different mindset in terms of risk and we all know that trading is like gambling or at least they have similarities.
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
Deciding to quit trading after being involved for a very long time can be a very serious decision to take, and a decision that definitely will not be taken from a position of excitement. The majority of traders who decide to quit trading are those who have suffered severe losses or a series of consecutive losses and have found no way to make progress in trading. If someone is profiting from trading, the only other reason that person may stop trading may be health-related challenges.What motivated you to do it?
When someone gets to that position of depression from losses or health risks, nobody will advise you; you will advise yourself.
This could be a very heavy decision, but if I were in that situation, health is wealth so it will always be my topmost priority. After all, bitcoin long term investing will still make you profitable in the long run, add to that that it’s less risky and less stressful compared to trading.
When we start trading we are very excited. There are many things about the market about coins that we don't know when we stay in the market. Sometimes we gain and sometimes we lose. However, we gain experience. If we do it, then we slowly understand the market and understand what we can get more profit in.
I don't think that people who invest and hold for a long period of time will quit trading because of a loss. This is my personal opinion. People may have different opinions. People understand the market very well and know the importance and movement of the coins, they decide that instead of taking a small daily profit, we will get more profit together, so they hold for a long time. And it's not like they quit short-time trading altogether, a trader can never quit trading if he is truly a trader, he will continue to trade.
People who lose in trading, don't really understand the market and when they lose, they never make long-term investments, they quit trading, go somewhere else, or do some other business. They will do anything, but they are not in trading, especially holding and long-term investment, they will not do it at all.
I don't think that people who invest and hold for a long period of time will quit trading because of a loss. This is my personal opinion. People may have different opinions. People understand the market very well and know the importance and movement of the coins, they decide that instead of taking a small daily profit, we will get more profit together, so they hold for a long time. And it's not like they quit short-time trading altogether, a trader can never quit trading if he is truly a trader, he will continue to trade.
People who lose in trading, don't really understand the market and when they lose, they never make long-term investments, they quit trading, go somewhere else, or do some other business. They will do anything, but they are not in trading, especially holding and long-term investment, they will not do it at all.
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
As far as I know, those who have been involved in the crypto market or the crypto world for a long time, say those who are experienced, they will do both, trading and investing are two different things and the goal is the same as money/profit.What motivated you to do it?
I personally have no motivation to stop trading and so on, I will do both, the motivation is embedded in me to do both investing and trading.
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
As I said above.Maybe you followed the advice of your friends and quit trading
No advice, friends are friends, look for food, don't bother, that's my principle, friends can't make the decision to stop trading for us, but at this moment, no friend has given me advice to stop, that's my one hundred percent right. 
For me, it's really been I while I quit active trading and have given my time to investing, and this is not exactly because I am no longer interested in crypto trading, due to loses or what ever, but then, its simply because trading crypto, and not just crypto but trading in general requires a lot of time, intact, it consumes time.
If you are an active trader, rest assured you likely will not have time to practice or engage yourself in other activities, because those time you should spend on other activities is possibly the time you are spending; analyzing the market, reading the news so as to get an idea of what to trade next.
Focusing on crypto investment allows one much ample of time to do or participate in other activities, which could range from running other businesses and such, it's important that we all understand that trading is not the only means through which we can make money from crypto, and once one focuses on trading alone, it most of time don't or won't allow that person the time to check out other means of making money from crypto as well.
That is not a bad decision, trading could put a toll on someone's soul, and long term investment is easier, and gives you a profit anyway. The reality is that spending that much time on ANYTHING would be bad, it is not just about trading. But the amount of time trading requires you to do, while you just get around, is not an easy choice and should be something that will take a while, I would highly suggest that you do not deal with anything like that, because 99% of traders end up in big frustrations alone.If you are an active trader, rest assured you likely will not have time to practice or engage yourself in other activities, because those time you should spend on other activities is possibly the time you are spending; analyzing the market, reading the news so as to get an idea of what to trade next.
Focusing on crypto investment allows one much ample of time to do or participate in other activities, which could range from running other businesses and such, it's important that we all understand that trading is not the only means through which we can make money from crypto, and once one focuses on trading alone, it most of time don't or won't allow that person the time to check out other means of making money from crypto as well.
The amount of time we are giving to concentrate for profits in trading, definitely will not pay in equal proportion. But, the patience we have on investments definitely will have better influence in returns.
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