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Topic: Temporarily stop crypto trading? (Read 1599 times)

hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
June 23, 2019, 09:40:43 AM
Sometimes it is productive for you to stop trading for a while. Yesterday I suffered -80% loss and I had balls to compensate this loss to -50%, so now I have at least chances to remain my portfolio
This is a very big loss. sympathize with you. I also lost big money on margin trading. but now I have practically restored my portfolio
member
Activity: 663
Merit: 10
https://streamies.io/
June 23, 2019, 08:46:46 AM
I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.
Yes, I have lost many times during the early days of the trader life. I was very lucky to win and was always confident that I would always be profitable in every transaction.
I lost more than 3k6 $ in the first 5 transactions and it helped me realize many things.
I have learned how to manage risk and that is the factor that helps me to be successful in trading many times recently.
legendary
Activity: 1310
Merit: 1000
June 23, 2019, 08:42:43 AM
Sometimes it is productive for you to stop trading for a while. Yesterday I suffered -80% loss and I had balls to compensate this loss to -50%, so now I have at least chances to remain my portfolio
sr. member
Activity: 644
Merit: 250
June 23, 2019, 08:36:55 AM

It happens to each trader from time to time. The moment when a person can lose his confidence can come when no one expected it. As for me, it is really better to take a small break, but then, return to trading.

yes I agree with you, every trader must have experienced a loss, feeling tired and not confident anymore if it happens, you should rest to regain confidence to return to trading, I have experienced the same thing a few months ago but when I saw the market gain again, there is a little confidence to come back, because we have to accept the risk of becoming a trader from begining.

I also thin that there is not a single trader in the whole world who hasn't made losses at some point of the trading career.
I agree traders every day loses a large amount of money But every day and some of them earn, I would not say that this is bad life and you need to accept it
hero member
Activity: 1946
Merit: 867
Defend Bitcoin and its PoW: bitcoincleanup.com
June 23, 2019, 08:35:45 AM

It happens to each trader from time to time. The moment when a person can lose his confidence can come when no one expected it. As for me, it is really better to take a small break, but then, return to trading.

yes I agree with you, every trader must have experienced a loss, feeling tired and not confident anymore if it happens, you should rest to regain confidence to return to trading, I have experienced the same thing a few months ago but when I saw the market gain again, there is a little confidence to come back, because we have to accept the risk of becoming a trader from begining.

I also thin that there is not a single trader in the whole world who hasn't made losses at some point of the trading career.
sr. member
Activity: 658
Merit: 251
June 22, 2019, 08:43:05 AM

It happens to each trader from time to time. The moment when a person can lose his confidence can come when no one expected it. As for me, it is really better to take a small break, but then, return to trading.

yes I agree with you, every trader must have experienced a loss, feeling tired and not confident anymore if it happens, you should rest to regain confidence to return to trading, I have experienced the same thing a few months ago but when I saw the market gain again, there is a little confidence to come back, because we have to accept the risk of becoming a trader from begining.
hero member
Activity: 1946
Merit: 867
Defend Bitcoin and its PoW: bitcoincleanup.com
June 22, 2019, 08:24:21 AM
It seems to me that trading on the cryptocurrency market is practically the same as trading on Forex or on other trading exchanges, because the main thing is to understand the principle of trading, through which you can make a profit.  but nevertheless, it is always worth paying attention to reputable professionals in order not only to learn from their mistakes, but also to learn from the successes of others.

I don't think it is like Forex trading because there is not a new USD or EUR every other day. In crypto there are new coins everyday.
One factor that this venue of investment is differ from forex, though some sort of principle can be followed just like what the post above you mentioned, you can check and study those people who already have good knowledge about this market and try to use their experienced as a basis, you can follow
if you think that it's beneficial to your investment.

But then you have to factor in that they are intelligent and might use their experience to manipulate you into buying they want to sell. You can't copy smart peoples' success because they don't let you.
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
June 21, 2019, 04:33:46 AM
I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.

It happens to each trader from time to time. The moment when a person can lose his confidence can come when no one expected it. As for me, it is really better to take a small break, but then, return to trading.

Trade for free...so have the fun and not the risk.
full member
Activity: 854
Merit: 103
June 20, 2019, 03:53:26 PM
I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.

It happens to each trader from time to time. The moment when a person can lose his confidence can come when no one expected it. As for me, it is really better to take a small break, but then, return to trading.
member
Activity: 461
Merit: 17
🔰FERRUM NETWORK🔰
June 20, 2019, 08:28:28 AM
in condition market from few month ago is not just you are loss money when trade in market.
on this year i just much money in trading because altcoin are going down deeped than i expected
To rest your emotions and work the brain, it might be better to stop trading while waiting for prices to improve and eliminate the guilt that is in the heart if the trade done is a loss.
There was nothing wrong with taking a break from crypto trading, and Rilex with his family to see the world which turned out to be very beautiful. So trading losses can be closed again in the future, when prices rise high.
member
Activity: 328
Merit: 10
June 19, 2019, 02:24:13 PM
Maybe I once felt what you experienced Now, I lost because of the enthusiasm that I had but in the end I was able to get back up and be able to take advantage again and even exceed the losses that I experienced at that time, and until now I still do cryptocurrency trading  the point is never to give up.
full member
Activity: 390
Merit: 100
June 19, 2019, 01:41:53 PM
You are not in a loss unless you handover your assets to others. Buy low sale high. What if you bought at higher price? Try to buy at each dip to reduce the diffrence. But never invest all of your money into single asset. Trading is always risky. But you will gain/loss in %%. 5%loss or 10%gain, means same in bull and bear market.
that's why in trading we need to learn about market for make transaction and start trading, without basic skill for analyze market condition it's like trying go to the forest without know the way for going back and die.
full member
Activity: 952
Merit: 104
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June 19, 2019, 04:42:48 AM
I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.

Quitting does not resolve your lossing streak. Maybe you need to do some more research on what strategy to use in order to regain momentum in trading. Sometimes frequent monitoring in the market unto which coins to buy and to sell will also help minimize losses.
sr. member
Activity: 826
Merit: 256
June 19, 2019, 04:39:23 AM
Almost all traders suffered the same fate as yours but real traders never gives up and considered their losses as a challenges to strive more. I also suffered several losses when I'm still a newbie in trading but giving up is not on my mind and instead I educate myself on many tools that are used in trading and learn many ways on how to trade profitably. It is a good choice to temporarily stop from a trading because of losses but try also to learn more on trading and develop your plan and strategies before you start trading again. Your experiences in trading should be your teacher.
full member
Activity: 980
Merit: 109
June 19, 2019, 03:58:22 AM
I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.

And it seems to me that now is the time to trade! I, on the contrary, gladly returned to trading.
Yes, of course, I also had to lose my enthusiasm. But a break, switching to something else perfectly helps.
hero member
Activity: 1092
Merit: 501
June 18, 2019, 11:55:35 PM
I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.
If you experience a loss in trading, of course it is your own decision and in the future you must think so that you do not experience any more losses when trading. That's one example of the risk that we will feel when we trade. Therefore, you must have a good trading strategy if someday you return to trading.
So i think that one should take a break if it is not very easy or comfortable to trade the coins. It is not something to fight and is something that needs to be understood. So take your time and understand more about trading crypto and try to learn from a crypto trader who has been in the industry and has been making money in the game. This is how things work. Mistakes would lead you to loss.
full member
Activity: 1022
Merit: 106
June 18, 2019, 03:54:30 PM
I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.
if you got losses continuously then stop your trading for sometimes will be very very good for your mind and your health also because when you continuously see the losses only in anything it will definitely not give the confidence for doing the trading properly that's why we are taking the rest and continue after some time will be very very good and I agree that.
Now the cryptocurrency market is the most speculative and new market. It can be compared only with the stock market. Trade is a science, and excitement,and luck. And you must be morally prepared for the loss of funds if you are engaged in this business. No one is canceled the rule of trade: invest as much as you are not afraid of losing .
full member
Activity: 1106
Merit: 166
★777Coin.com★ Fun BTC Casino!
June 18, 2019, 03:29:34 PM
I suffered losses in recent days, and I decided to stop trading for a while. While looking for capital to return to the market. Shut up to strategize and take compensation for recent losses. Have you ever lost continuously and lost enthusiasm? Thank U.
if you got losses continuously then stop your trading for sometimes will be very very good for your mind and your health also because when you continuously see the losses only in anything it will definitely not give the confidence for doing the trading properly that's why we are taking the rest and continue after some time will be very very good and I agree that.
full member
Activity: 924
Merit: 106
homt.net
June 18, 2019, 02:32:15 PM
I tried 3commas bot and it made a good returns, but only for a while. Then I started to be in a loss and I stopped with that.
I am not okay if I am loosing my valuable coins because think about future, now you loss 100$, but these 100$ could be after few years 10 000$.  Cheesy
full member
Activity: 616
Merit: 100
June 18, 2019, 02:26:03 PM
Unwanted things often occur especially when trading in unstable market situations so they can suffer losses. Trying to stop or continue is our own choice but what is clear is that when you start emphasizing it is better to stop first and wait calm again, always paying attention to market trends and developments because it is very important especially the Altcoin project.
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