Pages:
Author

Topic: Trading sucks, I'll just hold my coins - page 25. (Read 25868 times)

full member
Activity: 490
Merit: 101
September 22, 2017, 12:14:16 PM
Trading I hear s for the hard hearted and really done without sentiments; unemotional! Someone did a transfer for me today and it went low before it got to my btc wallet! I really got offset about it! Trading is risky and gets ur heart pressure up! Not good for those who are feeble minded. I tried some before now and with some regrets. I will say though that if you have the right analysis and a good robot, u can trade well with little or no risk or hopes been dashed on the ground! It is good though is done correctly.
full member
Activity: 420
Merit: 101
September 22, 2017, 12:12:49 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!

When doing a trading or if you wish to be a trader you should have a lot of patience. Why. Because this is a waiting game, you meed to wait for the right time where the value of your coins or tpkems or whaterver you will trade the value of them will always rise up. Maybe today its value is kinda low because it is just that. But if you wait for a couple of months and the value of your coins might get higher than before because thats how trading works. You just need to wait for the opportunity to come for you.
hero member
Activity: 1400
Merit: 571
September 22, 2017, 12:04:35 PM
You should have open a demo account first or at least if you wanna do it for real, start small first.

Don't just dump almost everything into it and expected that nothing goes wrong and things goes as planned. And consider also the fees for trading every time you executed an order, small amount have small fees, and huge amount have huge fees.

So prime advise is: start small, even if you have loss, the loss also small. And you can learn from your experience. You just need some experience i guess

It is the best idea so far, I mean, if it is just your first time on the Trading world, starting on a small amount of capital won't be bad like what you think just for a trial, and slowly, if you are getting familiar in all the aspects and technique that you should know in Trading, then it is time for you to start on a bigger one to have more profits than the small one.
newbie
Activity: 26
Merit: 0
September 22, 2017, 12:04:28 PM
Go slow and steady.  The cons that crash today might go back up tomorrow.  Do not expect instant gratitude.  This is a waiting game.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
September 22, 2017, 11:20:01 AM
Trading can only suck when you rush into it. I am not a very good trader but from what I know, you cannot just rush into trading thinking it is a ball game. There is more to trading than just prediction. Without the proper knowledge, it is apparent that the same way a wannabe trader rushes in is the exact way one will rush out just like what just happened to the OP. Being a Doctor is not for everyone, engineer is not for everyone, trading is a profession and it isn't for anyone as well. Learn first, before making an attempt and your first attempt after learning should not even be with too much funds.
Exactly until we learn everything in this trading investing a big amount is not good. You are right not everyone becomes a good trader. Some people will do trading for passion, and some people will take it very seriously, and they are looking their life in this trading. In trading, if you have the patience to wait for the right time you can easily make money. More important thing is you must know where to invest here you do anything wrong your predictions will go wrong.
There are really thing which arent really meant for us no matter how hard we do try to engage with it and speaking with trading its not really an easy thing as it sounds which are being most commonly suggested by some people.Making money isnt easy because it does really need knowledge and experience for you to succeed.Losses are normal because its always been part on our learning process.
legendary
Activity: 1092
Merit: 1000
September 22, 2017, 11:13:40 AM
Trading can only suck when you rush into it. I am not a very good trader but from what I know, you cannot just rush into trading thinking it is a ball game. There is more to trading than just prediction. Without the proper knowledge, it is apparent that the same way a wannabe trader rushes in is the exact way one will rush out just like what just happened to the OP. Being a Doctor is not for everyone, engineer is not for everyone, trading is a profession and it isn't for anyone as well. Learn first, before making an attempt and your first attempt after learning should not even be with too much funds.
Exactly until we learn everything in this trading investing a big amount is not good. You are right not everyone becomes a good trader. Some people will do trading for passion, and some people will take it very seriously, and they are looking their life in this trading. In trading, if you have the patience to wait for the right time you can easily make money. More important thing is you must know where to invest here you do anything wrong your predictions will go wrong.
full member
Activity: 434
Merit: 100
September 22, 2017, 10:55:21 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!
Yeah trading is sucks, just like you I also lost y money in trading but not as much as you. First time trading I also bought at low prices to sell at high prices, but in reality the price is even falling and I was forced to sell loss, and to this day my losses have not returned, trading is not as easy as people say, the practice sometimes does not match with reality, and seems need to some luck as well, now i just hold my coins too
full member
Activity: 518
Merit: 145
September 22, 2017, 10:05:12 AM
Trading can only suck when you rush into it. I am not a very good trader but from what I know, you cannot just rush into trading thinking it is a ball game. There is more to trading than just prediction. Without the proper knowledge, it is apparent that the same way a wannabe trader rushes in is the exact way one will rush out just like what just happened to the OP. Being a Doctor is not for everyone, engineer is not for everyone, trading is a profession and it isn't for anyone as well. Learn first, before making an attempt and your first attempt after learning should not even be with too much funds.
newbie
Activity: 5
Merit: 0
September 22, 2017, 09:53:14 AM
Hello everyone, i am a trader looking to buy large amounts of BTC / ETH / LTC
Anyone who wants to sell at the market price please contact me: [email protected]
We also trade Bitmain Antminer.

Thank's
Robert
full member
Activity: 420
Merit: 100
September 22, 2017, 09:42:56 AM
I just started trading and you are right, is not easy and sometimes you have to be lucky. In my country is the same thing, 300$ dollars is the average salary, so losing money in dollars or euros is very painful. My advice is that you shouldn't put money that you are scared to lose in an exchange, because anything can happen. it will definitely crash one day, and recover as well, so better just to use money that you don't really need, good luck holding your coins!
sr. member
Activity: 505
Merit: 250
September 22, 2017, 08:25:17 AM
Trading requires maturity of analysis as well as diligent learnings. No instant successful trader, they experience bitterness in their journey to become a successful trader. However, holding coins still better, because we still have hope to make profit when one day experience a surge in value.
full member
Activity: 448
Merit: 101
September 22, 2017, 06:31:14 AM
Well, trading is based on true experience of course. You can't just expect that you would be on par with other people who have real experience in trading. Without proper skills, you could be in a bad situation. I suggest that you should pay real close attention to the economy and try to build as much experience as you can from small investments. I think what you should change is your attitude toward the market. Be patient because its all what it takes to be successful especially in trading. When the value dumps, you should find the reason why so you could narrow down what will happen in the next few weeks. Again, try to be as patient as possible. Smiley goodluck
Sometimes, trading really sucks because of price fluctuations but you can’t take it your mind that you have lost everything, may be your today is bad but you can plan for tomorrow. One more thing you have to do is to hold on your bit coins and wait for the right time to sell them.
This is the reason I am never ever in favor of trading with big coins such as bitcoins because it is full of risks or probably you can call it educated guessing. You need a lot of experience and knowledge before trading successfully. Holding bitcoins for profits is far better than doing trading and going in loss.
full member
Activity: 165
Merit: 100
September 22, 2017, 03:29:42 AM
You should have open a demo account first or at least if you wanna do it for real, start small first.

Don't just dump almost everything into it and expected that nothing goes wrong and things goes as planned. And consider also the fees for trading every time you executed an order, small amount have small fees, and huge amount have huge fees.

So prime advise is: start small, even if you have loss, the loss also small. And you can learn from your experience. You just need some experience i guess
sr. member
Activity: 2198
Merit: 273
SecureShift.io | Crypto-Exchange
September 22, 2017, 02:41:15 AM
This is what I've telling to the people that are asking me about trading that if they don't know what they're doing, they must study about it first. They are thinking that it is an easy thing and they will have an assurance that they'll get more than their capital. I'm sorry for your loss, that's a total of your 6 months lost and if that happens to me I will definitely suffer and can't have a good sleep for several months. I had an experience of lost but not that this much.
we need to learn not only from perceptions of other who made it successfully but also learned more precautions before trying to do it with an
actual balance like what all of us here which already experience such loss we learn from the hard ways.
Let's think to new scenario can happens on the market, do not let old scenario make you forget the whales always change their move. If you can predict the trend of Bitcoin easily, you are rich man, not like now speculating difficulty about it. Grin

I do more active speculation, I try to earn daily trading profits from various coins, I only hold the coins if it is feasible to hold because it is still in development stage, if it could be better added, holding a coin is typical for a passive trader or afraid to take risks, and I am on the opposite path, we must have style in every business.
sr. member
Activity: 331
Merit: 250
Blockchain Just Entered The Real World
September 22, 2017, 01:48:14 AM
This is what I've telling to the people that are asking me about trading that if they don't know what they're doing, they must study about it first. They are thinking that it is an easy thing and they will have an assurance that they'll get more than their capital. I'm sorry for your loss, that's a total of your 6 months lost and if that happens to me I will definitely suffer and can't have a good sleep for several months. I had an experience of lost but not that this much.
we need to learn not only from perceptions of other who made it successfully but also learned more precautions before trying to do it with an
actual balance like what all of us here which already experience such loss we learn from the hard ways.
Let's think to new scenario can happens on the market, do not let old scenario make you forget the whales always change their move. If you can predict the trend of Bitcoin easily, you are rich man, not like now speculating difficulty about it. Grin
full member
Activity: 651
Merit: 103
September 21, 2017, 11:35:03 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 just started trading too but I'm trying for long term gains. Were you attempting a pump and dump? If so, I'd avoid that for now and stick to solid investments like BTC or ethereum. They are pretty safe and you can still gain 20% in a week if you monitor trading sites vigilantly. Don't give up man. Let's get rich.
It is true that holding coins in a long time makes more money and btc. I do long term investment and I earned now many money because of that. Long term investment is really effective.
full member
Activity: 140
Merit: 100
September 21, 2017, 05:14:52 PM
I gave up on trading a while ago.  I suck at it.  It's just easier to hold your bags and wait for the eventual rise.  Most projects do it, you just have to be patient.  Hell, there are at least 4 projects I was invested in over the last year that if I would have stayed with them instead of trading, I'd have over 1 million USD.  It sucks, but such is crypto.
hero member
Activity: 3080
Merit: 603
September 21, 2017, 05:00:45 PM
This is what I've telling to the people that are asking me about trading that if they don't know what they're doing, they must study about it first. They are thinking that it is an easy thing and they will have an assurance that they'll get more than their capital. I'm sorry for your loss, that's a total of your 6 months lost and if that happens to me I will definitely suffer and can't have a good sleep for several months. I had an experience of lost but not that this much.
we need to learn not only from perceptions of other who made it successfully but also learned more precautions before trying to do it with an
actual balance like what all of us here which already experience such loss we learn from the hard ways.

The thing is those people that are seeing others success with something or specifically with trading, thinks that it is an easy thing. "Oh, that guy earned a lot from trading and I should invest with it." if you know what I mean, these people really doesn't want to know but they only want to make money. Trading is investing and the risks are there and if you are not prepared and ready for it, just don't invest.
sr. member
Activity: 322
Merit: 250
September 21, 2017, 04:33:05 PM
For trading it is better to do forex trading, cryptotrading is so risky, and you can face to a lot of losses. I am still trading with crypto, but only when i see good opportunities in the charts with some altcoins, but obviously that holding coins is 1000% more profitable that being 12 hours a day sitting in a chair waiting for making a profit of 5% to close an order, that is not fair.. This is why i prefer forex for trading

hero member
Activity: 910
Merit: 512
September 21, 2017, 04:30:47 PM
yes trading sucks. i'll hold my coins even if the price going down. i'll make my decision because most of my friends told me that everythings gonna be alright and everything will be back to normal soon. i guest my friends is right. i wait for the time that my coins goes rise to highiest price and time to sell it.
It is not suck at all. It is because you do not know how to trade appropriately. There are many people making money with trading without any problem because they have learned many things before accessing to the trading world. if you want to earn money from trading, you have to learn. Do not expect that you can easily make money from it. It is not gambling Wink
Make sense. Crypto trading is not like nay video game you just sit on sofa and start playing with drinks and snacks. It is a hard thing as it returns some good amount more than any other. So for more profit you have to work hard, more than normal. Do not fell heart, be patient.
Pages:
Jump to: