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Topic: Temporarily stop crypto trading? - page 9. (Read 1598 times)

full member
Activity: 1274
Merit: 100
June 09, 2019, 11:18:55 AM
#72
I have also lost in trading during the 2018 and now stop trading since Feb 2019 and waiting for market stabilization.As soon as market become stable i will again start trading.
member
Activity: 448
Merit: 10
June 09, 2019, 11:04:23 AM
#71
I did lost but I still trust my coins up until now since I only invested on top coins and they are going to be worth it in long-term hold. Probably bitcoin is not yet skyrocketing like what happened in 2017 but I am still hoping for more in the next few months since I am hoping for another bull run. I just kept on looking for opportunities in different ways like ICOs, IEOs and bounties.
jr. member
Activity: 190
Merit: 1
June 09, 2019, 09:43:02 AM
#70
It's not bad taking a break if you really feel to pause. But always remember that being in the marketplace theres a chance that you may encounter losses, but never lost hope in trying  again to gain more profit into the other good and valuable projects like the dencoin tokens. Try and try, search and join as long as you can see a good possibilities of the project that may benefits you in the mere future investments.
member
Activity: 658
Merit: 10
June 09, 2019, 09:37:14 AM
#69
That’s your privilege to stop crypto trading because you experienced the loss. But my suggestion is just stop it for a while and still monitoring about cryptocurrency. Because we don’t know when the market will raise and be profitable.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
June 09, 2019, 08:58:27 AM
#68
Timing is important for traders. they must also have entertainment. not all the time is drained just to see the market. we can stress if we only focus on the market.
for daily traders I think they will focus on only about 1-2 hours. but they will choose the time that has the best moment to start their trade. because it is impossible for them to see the market at any time of the day.
sr. member
Activity: 938
Merit: 250
June 09, 2019, 08:54:42 AM
#67
If you have a full-time job then taking a break from crypto trading will not affect so much to your trading activity in my opinion. Crypto traders should be emotionless due to the volatile conditions and taking a fresh start will be good for professional traders.
Timing is important for traders. they must also have entertainment. not all the time is drained just to see the market. we can stress if we only focus on the market.
copper member
Activity: 226
Merit: 1
June 09, 2019, 08:44:48 AM
#66
I remember sometime ago when I decided to venture into Cryptocurrencies trading and I chose to start with low cap coins because they have been known to perform miracles once in a while, it seems I selected all the bad coins in the market and I got rekt real good, since then I have abstained from trading.
copper member
Activity: 206
Merit: 1
June 09, 2019, 08:26:56 AM
#65
When I started trading I kept losing funds until I understood the best trading style for myself. Take profit when need be, don't always wait for 10x or 20x. Try to be good with TA, also work with FA
legendary
Activity: 2674
Merit: 1048
June 09, 2019, 08:24:31 AM
#64
To stop your daily trading is good when you get profit also when you get loss. It's necessary to make an evaluation when you have done with day trading, because it will make you learn how you get profit when the result your day trading is profit and otherwise. Sometimes I feel the theory of trading is not much, the lot is learn the reports when you have done a trade.
full member
Activity: 966
Merit: 111
June 09, 2019, 08:14:44 AM
#63
There is no reason to stop trading. Everyone has experienced a loss. With that experience when returning to trading, never experienced a big loss and even made a profit. Because everyone has their respective strategies in trading. So nobody can forbid trading except ourselves.
member
Activity: 462
Merit: 11
June 09, 2019, 08:07:24 AM
#62
Isn't stopping for you to breath and take some time to lose some steam because of your losses is one of the things a trader should do? If a person will be aiming to be a trader one should always know their limit, because if they will still try to make it up to their losses then the will lose more as their mind is clouded and the pressure will pile up.
sr. member
Activity: 2422
Merit: 357
June 09, 2019, 08:03:13 AM
#61
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.

Thats a wise move though. If you feel you need to rest then you should than dealing with wrong decisions that can trigger more losses. As per what you do with the situation, i assume you are already in trading for years. Its harf to quit with a fixed mind and newbies lacks with it. You should rest and take back losses after.
legendary
Activity: 1344
Merit: 1001
June 09, 2019, 07:54:37 AM
#60
If you have a full-time job then taking a break from crypto trading will not affect so much to your trading activity in my opinion. Crypto traders should be emotionless due to the volatile conditions and taking a fresh start will be good for professional traders.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
June 09, 2019, 07:37:41 AM
#59
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.

That was unfortunately for you. I know it is because the market is red again in recent days.
Trading crypto coin is not easy as stocks, the market cannot be predicted easily.
I haven't lose my enthusiasm toward cryptocurrency because i believe crypto will bring profit.

But I think crypto trading will be easier than stocks trading because we have so many opportunities to make a profit and it's not only one or two sources that will help us to make money. Besides that, we can only learn one indicator or analysis, and we can use it for our daily trade, and if we can master the skills, we don't have a problem to determine when the right time to trade.
jr. member
Activity: 286
Merit: 1
June 09, 2019, 05:01:47 AM
#58
Always remember that loss is one thing to expect in cryptomarket and its very evident. You don't have to beat yourself up for that and decided to quit. As the market was so huge and has alot of project to trade with like the dencoin tokens which has a great factor of benefiting investors, if ever you are experiencing a lot of losses never hesitate and never feel bad about it. Cause in one loss, you can still have a lot of profit in return. Just try to look for a better project as I have said already about the dencoin tokens. This usually happens when all seems to be going sideways, nothing forthcoming. But like they say, quitting is never an option when it comes to making a profits. You just need to be patient and make more hardworks and you will see, all of it will be payed of in time.
jr. member
Activity: 210
Merit: 1
June 09, 2019, 04:56:21 AM
#57
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 everyone feels that way, especially in the bear market. I think that we should not give up the market is slowly but surely recovering. Bitcoin halving is coming soon. I think that bitcoin will start to grow very much and will pull the whole market of altcoins.
hero member
Activity: 1470
Merit: 655
June 09, 2019, 04:47:51 AM
#56
capital doesn't return to the market, it is already in the market and not going out. you just have to try and see where it is instead of just looking at one place (like the top altcoins) and then expect them to be the only thing that gets pumped and then complain when you lose money.

the fact is that traders in altcoin market will never stay in one altcoin, only bag holders will. they move to different coins to pump them and take the profit out as fast as possible to eventually go back to bitcoin with a much bigger capital.
member
Activity: 276
Merit: 10
June 09, 2019, 04:34:33 AM
#55
Loss is one thing to expect in crypto. Its very evident. You don't have to beat yourself up for that and decide to quit. You get and determine to do much better and be more alert.
sr. member
Activity: 994
Merit: 250
BabelFish - FISH Token Sale at Sovryn
June 09, 2019, 04:30:24 AM
#54
The risk of trading is huge, especially the bitcoin price is not stable yet before the market, but you can still earn with the strategy of buying long-term and potential altogether tokens or altcoins.

yes, trading is risky and trading is simple word but need a high skills
and people should learn about how to be a good traders first before earn from their trading activity my friend
also don't be greedy and always cut your lost short,  Wink
copper member
Activity: 364
Merit: 1
June 09, 2019, 04:18:11 AM
#53
It gets to a point when I think back and feel it's time to take a break. This usually happens when all seems to be going sideways, nothing forthcoming. But like they say, quitting is never an option when it comes to making profits.
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