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Topic: Temporarily stop crypto trading? - page 11. (Read 1598 times)

member
Activity: 560
Merit: 10
June 08, 2019, 12:27:48 AM
#33
There is not necessarily good or bad times to join or invest in cryptocurrency. There is only relatively good or bad time for this. It is up to you to decide whether you want to cease joining cryptocurrency for a while. But in my view, you can look to alternative to recover your losses. Like engage in day to day trading or join bounty campaigns.
legendary
Activity: 2576
Merit: 1043
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June 08, 2019, 12:03:21 AM
#32
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.
Many of the newbies in trading including me have suffered what you have experienced at this moment.

When I experienced this situation, I stopped trading too and find a way to recover my losses and when I recovered my losses I didn't trade anymore until one time that I felt that I want to trade Cheesy. At this moment, I'm still trading but not that active already.
hero member
Activity: 1218
Merit: 500
BintexFutures
June 07, 2019, 11:58:32 PM
#31
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.

During my early days of crypto, I lost a lot of money in crypto but, those losses thought me few valuable lessons like always DYOR and never ever trade emotionally not doing those two things could get you REKT easily.
jr. member
Activity: 394
Merit: 1
June 07, 2019, 11:57:38 PM
#30
yes I personally have experienced something similar to what you feel right now, losing a lot of money in trading makes me frustrated but I don't stop doing it later. behind the failure there will be the best way for the future.
hero member
Activity: 1302
Merit: 540
June 07, 2019, 11:50:58 PM
#29
Good move, when you already not feeling comfortable with the results of your trades, taking some rest will helps you out to find the rhythm back, you don't need to push everything and rush it out,take some time and try to learn from those mistakes that brought loses to your trades.

Traders break is needed to avoid being completely burned out, relax and fine time for your self to unwind.
member
Activity: 332
Merit: 11
June 07, 2019, 11:46:21 PM
#28
yes, the market is currently not in good condition for trading. it has been very volatile these past few days and I have experienced continuous losses and I have been forced to stop trading until now.
full member
Activity: 910
Merit: 103
June 07, 2019, 11:28:46 PM
#27
It's very stressfull for me to trading, I prefer to buy and hold until I'm comfortable to sell
It's to much stress, anxiety, time-consuming
+1, I'm also prefer buy and hold rather than trading, I've try it before, but everytime I buy then price drop, when I sold it then price up, I'm lose too much money in trading, it's too hard for me to analysis the market.
sr. member
Activity: 493
Merit: 250
Don't trust "BBOD The Best Futures Exchange"
June 07, 2019, 10:58:41 PM
#26
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.
I think it is okay to pause and relearn the things we need before we do trading. Trading is not just exchanging coins or tokens but we should know the right strategy. We need also to be updated on different news about the token or coins because it will significantly affect the price of the token or coins.
When trade fail we need to be calm to handle those errors in the most effective way. Earning profit doesn't need to be quick, but you need to have a new creation to be able to earn long-term profit. In my opinion, supplementing knowledge is essential during this time and if you can learn new things then you will definitely become a good trader so instead of earning profits then you should prepare yourself the best
sr. member
Activity: 1190
Merit: 253
June 07, 2019, 10:47:30 PM
#25
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.
I think it is okay to pause and relearn the things we need before we do trading. Trading is not just exchanging coins or tokens but we should know the right strategy. We need also to be updated on different news about the token or coins because it will significantly affect the price of the token or coins.
copper member
Activity: 518
Merit: 0
June 07, 2019, 08:19:47 PM
#24
Im not a pro trader but I just always go for the known coins like doge, eth, btc and other popular coins,Its like this when btc will be in hype doge will go down and that is the time when you will buy doge and after btc go down doge will go up now thats the time to sell your doge
sr. member
Activity: 1876
Merit: 318
June 07, 2019, 07:51:18 PM
#23
Don't be greedy to take profit, that makes you experience losses continuously, when I am greedy I also like that to suffer a big loss, but I have understood now, a little profit every day to make consistent profits every day
full member
Activity: 952
Merit: 104
June 07, 2019, 07:09:39 PM
#22
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.


Great decision if you are suffering loses need to take break to analyst your mistakes cause of lose of money, we should this week day bitcoin are quickly drops their price and of course the ither coins are affected of this minimal dumping of bitcoin.
member
Activity: 728
Merit: 10
June 07, 2019, 07:04:17 PM
#21
I am on the way to stop participating in the bounty, since over the past year I have received little benefit from cryptocurrency. The new year has begun and the situation has not changed.
full member
Activity: 826
Merit: 103
June 07, 2019, 06:38:57 PM
#20
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.

Crypto prices usually tend to swing a lot. A good piece of advise would be to buy low and sell high, then again when do you know when the price is actually "high" and "low". How much did you lose?
member
Activity: 749
Merit: 13
June 07, 2019, 06:35:25 PM
#19
Im never have that experience but i ever lost hope and dont want to check market. Those who lost big amount i think will traumatic but only the stronger will suffer. Dont give up. Temporarily stopped trading also good strategy,we need calm down our mind and find the wrong.
full member
Activity: 770
Merit: 100
June 07, 2019, 06:29:57 PM
#18
I think it's wrong, if we have to stop trading when we suffer losses. I personally when I experience such things I study the trade history that I did before, so that I can determine the next step. so the point is we need to learn more about the current and previous market conditions.
sr. member
Activity: 594
Merit: 250
June 07, 2019, 05:49:04 PM
#17
Correct decision to stop trading, but do not stop totally. The market is still on the bullish period. Few days ago, there was a slight bearish trend that probably one of the causes of your losses. Better to regain your mentality to catch up.
sr. member
Activity: 1330
Merit: 289
June 07, 2019, 05:45:23 PM
#16
When I started trading, I lost a couple of times until I discovered the trading pattern that works best for me. I'm good with my TA and also trade with FA, but I'm not usually greedy sitting my trades, I cash out when I see reasonable gains depending on the market depth. Market depth should guide you a lot, that's if you can study it to understand market emotions.
full member
Activity: 798
Merit: 109
https://bmy.guide
June 07, 2019, 05:33:25 PM
#15
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.
Stop or relaxing is a better way for you to go. Anyway, that is not gambling that you are continuously losing, you can stop in trading and I think a huge loss there if the market is down, of course, the value of your coins will drop also. You can stop and hold your coins on the exchange which is much more easier. Temporarily stop is not regrettable especially when market price down too much and you can come back when the bullish market will come.
legendary
Activity: 2366
Merit: 1408
June 07, 2019, 05:33:11 PM
#14
It's very stressfull for me to trading, I prefer to buy and hold until I'm comfortable to sell
It's to much stress, anxiety, time-consuming
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