Topic: Temporarily stop crypto trading? - page 6. (Read 1598 times)
It's okay to take a break for a while, relaxation and peace of mind is needed to be in your corrected senses, trading is not easy and emotional control is necessary to avoid huge losses, but don't give up just take a little break then after that continue repeat the cycle then you will eventually become better
Gain always goes along with loss you can't be gaining and you should still be expecting loses but what matter most is how prepared is you for the loss ,
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 also experienced that. In crypto, its actually unavoidable, specially in this time when the market is very down. The important thing is you learn from those losses and make better decisions next time. I never quit but I alwas make sure I will not make the same mistake again.
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.
The last time I experienced very huge lost was in Forex trading and since that time that I pulled out, I have really not gotten myself back together for trading, because that loss for me was really a huge one that crumble me financially. When the opportunity of cryptocurrency came, and after having a full understanding of how it works, I just decided to stick with holding, which to me is still the safest way to stay secured in this crypto investment. The cryptocurrency market is too volatile now for us to be trading and sometimes, no matter the strategy we have, we will still lose out. So staying away is good but I think it is best you go into holding instead of resuming trade back.
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 didn't stop trading, I only stopped visiting this site for a while. But looking at the market, why would you stop trading now that everything seems fine? The price rises and drops alternately which is a good profit points.
Not only one time. It was very difficult to look at my portfolio and to see that from 5k USD there are only 300 left. There was a lack of motivation in 2018, but it seems like the situation is slowly recovering and there are a lot of green days in front of us.
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 experienced the same thing as you throughout 2018. And I realized that it is best to pause, if I continue to trade I will make many mistakes in the pressure of losses. 
I always profit and lose trades in the market but I don't despair because I make this a lesson. I myself have lost almost 80% of my money at the beginning of my trade but I got up because I will get my money back
Shying away from trading because of your losses is not the solution. Had it been you took necessary precaution before investing in any coin, it would not have gotten to the extent of abruptly backing out. Invest only what you can afford to lose, even in trading. If you have $100 to invest, you can divide it into two places and invest the first part first, leaving the other for any unforeseen circumstance.
In my case something different happened. For several years I obtained very positive results, but this led me to become excessively overconfident, which gradually led me to take greater risks and suddenly I found that I had lost all my capital.
Only when I found myself with a zero balance, I decided to take a long break and only recently I have encouraged enough to return to trading, but now assuming a very conservative profile, strengthening my money management and setting realistic and achievable goals.
Only when I found myself with a zero balance, I decided to take a long break and only recently I have encouraged enough to return to trading, but now assuming a very conservative profile, strengthening my money management and setting realistic and achievable goals.
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.
Perhaps you suffer losses due to lack of experience in trading. We need a full analysis of where the mistake was made so as not to repeat them in the future. I consider the decision to suspend trading to be not the best idea, since it is necessary to accumulate experience, and this cannot be achieved without constant monitoring of the cryptocurrency market.
yeah i feel that too, i loss half of all my asset in cryptocurrency because i am noob trader.
i just want to learn to be trader without mentor and don't look signal market from community.
it happen and it is time to stop to trade for me, maybe i just want to hold for now.
i just want to learn to be trader without mentor and don't look signal market from community.
it happen and it is time to stop to trade for me, maybe i just want to hold for now.
I am not alone, who suffered heavy losses in trade, but you are one of them. Yes, but I remember this is a risk in this field, so the initial failure does not mean we are afraid to go forward / stop trading. but stop for a moment then learn from the first mistake. and I will do it again until I find my own strategy to benefit from this trade.
I also suffered some loss in trading until i found Binance exchange . It was the exchange who redeem little of my loss . There are competitive trading on the Platform . Am not advertising the exchange but just sharing my experience .There are some better coins for trading on the exchange which could fetch some profit. One only need to do their personal research before picking any coins or token for trading . I think that platform is still ok for a day trader willing to make profit.
It is better not to even start trading if you are not ready for the fact that you may lose some of your cryptocurrency investments. Trading in this respect is comparable to the casino, where they go, realizing the possibility of losing their money. Sometimes you need to stop and think. You need to be morally ready for this, otherwise, it will be very difficult to work.
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.
So how is this not trading going to help you recover your losses? You made a loss, that's not a big deal. People make losses when trading. You can't be making a profit forever. Instead of stopping trading for a while, why not just lower your capital and try covering your loss by making small, less risky trades? This way, you won't be wasting any time but will also be making profit.
I think you have chosen a bold step. I see no reason why you continue trading despite the fact that you have seriously lost some certain percentage of your coin. This decision actually differentiate you from a Gambler. A Gambler will continue irrespective of losing until he actually lose everything. I believe most traders have actually faced this at one point or the other. It has happened to me also and most time I pulse and wait until the market for the coin i am holding actually recovered. Most time it takes twice the time i have used to doubled the coin i am holding.
I've made more money trading crypto than I have lost, so net net it has been very positive. A few times I have hit a huge loss, but that is kind of rare. In the long run you will most likely make money trading crypto.
well everyone will overcome it, not giving up on everything is the most important thing. stay, try and don't give up.
indeed the market conditions are now unstable but still be sure if someday you will get it back.believe that
To realizing someone in order to he must have a patient when facing unstable market in cryptocurrency it's useless. Because the market cryptocurrencies are not stable, it's different with the other market such as forex or stock. You have to get used to dealing with markets like this every day and even more volatile than the market now. Agree to someone who says volatile markets are the most beautiful market for a trader, you only need a few minutes to make a profit. indeed the market conditions are now unstable but still be sure if someday you will get it back.believe that
I've also experienced things like you and that can't make me give up but growing my curiosity, when I experience a loss, I have to pause to look for the right moment and keep learning from previous experiences,
you choose the right choice, never rush and panic when you lose money. pause, and start thinking mistakes and learn from mistakes will give us experience. it will make the next trade we can receive profits or return the initial capital. Jump to: