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Topic: Trading sucks, I'll just hold my coins - page 10. (Read 25868 times)

member
Activity: 66
Merit: 10
December 15, 2017, 06:23:38 PM
Ofcourse trading is a hard work for your mind. If you want to study how to trade you sould follow money management. Its the main rule, so if you buy for 5% from your depo its not scary to close position if you are wrong.
hero member
Activity: 756
Merit: 500
December 15, 2017, 06:03:10 PM
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!
Trading is sucks if everyone experienced lost of money. But on the other side, it is very fun due to it's challenges and capabilities that you will double your money if you are doing it right. Losing money is not fine and it will turns you to be emotionally drained but you should think that it's all part of being a trader because for sure that the expert in trading made a mistake before they achieved how to deal with this process. Watching videos on you tube will help a lot in order to be more confident and get back to become a trader again.
No one can be success without big loss. Trust me! Even you can own money from your parent were the rich, but I don't think you can keep that amount to be exist until the end your life. Begin from the hard and success after conquer all, you will be the success person.
newbie
Activity: 36
Merit: 0
December 15, 2017, 04:07:47 PM
That's a big amount of stores why does not everycountry have that quantity of shops i do not see the point of introducing this shops or are there not enugbh gold coinrs.ohl ode
hero member
Activity: 994
Merit: 502
December 15, 2017, 03:30:54 AM
To be successful in trading user need to be lucky to have the asset that is in bump. This isn't possible with each and every user who make themselves into trading. For the same user needs to make himself active into regular buying and selling of respective assets that show signs of fluctuation and ending in growth.
member
Activity: 140
Merit: 12
Blockchain Identity Verification
December 15, 2017, 03:29:15 AM
This expression is relevant in the growing market for the beginner. in a falling market, holding can turn into a long investment and a constant desire to close the deal in minus. And even in a growing market, you can buy cheaper on corrections, but it's already a pro.
member
Activity: 62
Merit: 10
December 15, 2017, 03:12:35 AM
To succeed when trading coin I think apart from knowledge of technical analysis you also need a lot of luck. Because the crypto market is still very small compared to other traditional markets, it is vulnerable to market fluctuations. So if you are unlucky then you can invest to get back.
hero member
Activity: 980
Merit: 523
December 15, 2017, 02:51:53 AM
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!
Trading is sucks if everyone experienced lost of money. But on the other side, it is very fun due to it's challenges and capabilities that you will double your money if you are doing it right. Losing money is not fine and it will turns you to be emotionally drained but you should think that it's all part of being a trader because for sure that the expert in trading made a mistake before they achieved how to deal with this process. Watching videos on you tube will help a lot in order to be more confident and get back to become a trader again.
Trading is not at all an easy game to play. There is a lot of skillset and personal efforts which are needed to be done, only then you can really expect to make something beneficial in trading.

If you are not having enough expertise in trading, then it is really a very good option to go for holding of your bitcoins as this is the best and safest way of dealing in the world of crypto world. Do not over stress yourself.
legendary
Activity: 1148
Merit: 1001
December 13, 2017, 08:28:18 PM
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!

I think that nobody can improvise as a trader without study and experience. certainly it is easier to lose money without the right skills.
but by studying and with the right tools, in addition to a good self-control it is possible to make profits with trading.

as you said correctly, if it were easy we would all be rich.
full member
Activity: 462
Merit: 100
December 13, 2017, 07:54:47 PM
What do you think will be the best move to make profit here in the forum ? Trading or investing ?

Well for me investing is the best move to do to make many profit rather than trading, i'll say investing is more good because i dont even great or expert on trading, so i am just also holding my coins because trading making me feel that i am not good on it, so i do more on investing rather over than trading.
newbie
Activity: 14
Merit: 0
December 13, 2017, 05:39:38 PM
Would it be better to trade altcoins or just bitcoin?
member
Activity: 420
Merit: 10
December 13, 2017, 09:37:28 AM
Trading works to people who are holding the coin as long as they can because in trading history holding can give you good profit. As per my experience i will always hold the coin until my desired target is reached.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
December 13, 2017, 09:15:09 AM
I pretty much said the same thing about trading because I did not understand certain staff, things like how to read candlesticks ,charts and all that and what kind of coins to trade in.. but now that I have an understanding of how its done I want to grow my coins and I look forward to trading each and every day....but holding coins still works and its safer and has less risk to it.
hero member
Activity: 1680
Merit: 655
December 13, 2017, 09:14:00 AM
Trading is lowest form of gambling! It is win or lose! Though the process of these two outcome might be different! I will encourage you not to give up on trading! There will always be good and bad. Take the bad with courage and good will come your way soon
Trading is not purely a win or lose situation, unlike gambling which if you lose all your money will be loss. In Trading when your asset is below your purchase price you will know that what you see in your portfolio is just paper loss and you won't be incurring that loss until you sell it. You have 2 options right there one is cutting you losses which mean you are avoiding further damage to your capital or 2nd is to average down your asset which is a good option for adding more position at a cheaper price.
full member
Activity: 145
Merit: 100
December 13, 2017, 08:48:37 AM
Holding altcoin? if you hold litecoin or ethereum, it will be good choice, but if you hold the deceiving coin then see you in loss. it's not the right time to hold useless altcoin, better to sell all of them then hold your btc to get much profit in the future, some coins are potentially dead, think twice before make decision dude.
full member
Activity: 413
Merit: 100
December 13, 2017, 07:32:49 AM
It sounds like you didn't research, you never traded before but you saw the hype and wanted some easy money. A smarter idea is find good projects, invest some money and sit on it for 10 years. If it's really good other people will take notice too and it'll go up and up in price.
I agree, somehow trading is just a matter of how you bring it on in the feild of some projects, infact trading for is the best way and a big possibility that you can earn bugger if you trade some of your coins. But to think you need to hold it for a while ang hunt for the better opportunities so that you can have what you wanted to earn. Its all about you in everything you done. If I were you read some ideas in forum . Don't suck.
member
Activity: 241
Merit: 11
December 13, 2017, 06:58:01 AM
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!
Trading can make us rich so it is not a good idea if we will quit trading. I always saying to myself that I can be successful trader in the future. I believe that I can do it if I will exert an effort.
hero member
Activity: 896
Merit: 514
December 13, 2017, 06:43:30 AM
Just let them be. If these people want to trade, who are we to stop them when in fact they are using their own money? Trading, holding, gambling and others of like nature are all aimed at profiting higher than usual. Its just that their ways vary. These people have preferences and it is paramount to work on your money in the manner you are most comfortable with.
full member
Activity: 658
Merit: 100
December 13, 2017, 06:03:33 AM
Trading is lowest form of gambling! It is win or lose! Though the process of these two outcome might be different! I will encourage you not to give up on trading! There will always be good and bad. Take the bad with courage and good will come your way soon
sr. member
Activity: 1596
Merit: 335
December 13, 2017, 04:59:30 AM
I believe that it all actually depends on what you are comfortable and confident to do. If you feel that trading is not really for you, then I'd suggest that you quit because you'll end up not being successful for most of the time. Investment is also good as long as you have a continuous income that'll support your investments.
member
Activity: 182
Merit: 10
December 13, 2017, 12:20:53 AM
Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!
Trading is sucks if everyone experienced lost of money. But on the other side, it is very fun due to it's challenges and capabilities that you will double your money if you are doing it right. Losing money is not fine and it will turns you to be emotionally drained but you should think that it's all part of being a trader because for sure that the expert in trading made a mistake before they achieved how to deal with this process. Watching videos on you tube will help a lot in order to be more confident and get back to become a trader again.
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