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Topic: Trading sucks, I'll just hold my coins - page 28. (Read 25868 times)

full member
Activity: 126
Merit: 100
September 15, 2017, 02:25:32 AM
Trading can be sucks with you but they're great with others. I think your lost money in not lost actually, it just changes the owner. "Money doesn't disppear, it just transfer from this hand to others". If trading are not your advantage, you can try other business that you think you have  enough good fearture to fit with it.
sr. member
Activity: 2198
Merit: 273
SecureShift.io | Crypto-Exchange
September 14, 2017, 10:24:28 PM
Trading dont suck at all. You loose all this money simply because u jumped steps of learning, u should have done with low values, and if u loose that much money and u got this pissed(from your mistake) it means that u shouldnt do this size of trade. BUT, if ur wiling to hold ur coins, good luck on this way down  Roll Eyes

I understand if op wants it, the expertise and style of each trader is very different, if we do not dare speculate then it can hold as long as possible until the price becomes clear, it is tantamount to investing in gold assets. But it should be noted that we also have to be reactive to weak coins that can be didelist anytime by the market, we need to take quick steps to sell it.
sr. member
Activity: 546
Merit: 253
September 14, 2017, 09:31:58 PM
If you known how to trading you can win more money than hold. You will need pay some money to have some own experience on trading world
newbie
Activity: 15
Merit: 0
September 14, 2017, 08:26:23 PM
Trading dont suck at all. You loose all this money simply because u jumped steps of learning, u should have done with low values, and if u loose that much money and u got this pissed(from your mistake) it means that u shouldnt do this size of trade. BUT, if ur wiling to hold ur coins, good luck on this way down  Roll Eyes
sr. member
Activity: 630
Merit: 251
September 14, 2017, 02:02:51 PM
I honestly admire this guy. Hell yeah! leave it to the experts and make your self comfy in a hammock. It seems like buy and hold will work for you gringo.
Yes you are right I think trading is not like an easy task to do. It is not like that everyone will just come in and will start earning money by trading. Only the experts can do so and if you are not good at it, then it is better to hold your bitcoin instead of putting yourself in risk by going into trading.
sr. member
Activity: 491
Merit: 250
September 14, 2017, 03:08:21 AM
U need to be extremely patient in this crypto game and don't buy without doing ur own research...
I am also patience and wwaiting the right time to sell my coins. I having a plan about selling our coins is very effective to make more money. I always researching and creating many plan for me to have a goo d decision.
You maybe right. I think this decision entirely depends on the person himself. If he is not good at trading, then holding will be the best option for him to have a good profit at the end. But for the one who knows about trading, holding will not be the appropriate option. He should go for trading in order to make more money.
full member
Activity: 420
Merit: 100
September 13, 2017, 08:44:54 PM
This time, i just hold all my coins. The price are getting lower each day. Trading is truly unpredictable, you cannot expect what will happen.

Next time, if this things may happen again i know what i may suppose to do.

I've lost almost 40% of my investment as of this time. Waiting for the alcoins and bitcoin's price increase.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
September 13, 2017, 08:36:18 PM
With anything, dont invest what you cant afford to lose.

Did you research these projects before you purchased?
i agree to you, dont buy any altcoin if you dont want to take the risks.
before you buy some alt you need to know about and that project before you purchased.

That's correct and if you invest in any altcoin blindly without doing any research then you will surely loose money in it so if you don't have any idea about altcoins the best thing would be to buy bitcoin and hold it till the price goes higher in future and sell when you are making good profits from it.
full member
Activity: 434
Merit: 105
ADAB ICO
September 13, 2017, 08:18:29 PM
With anything, dont invest what you cant afford to lose.

Did you research these projects before you purchased?
i agree to you, dont buy any altcoin if you dont want to take the risks.
before you buy some alt you need to know about and that project before you purchased.
hero member
Activity: 924
Merit: 1001
September 13, 2017, 07:28:08 PM
If you are too busy in your life. YES you can hold your coins. Just make sure you are holding a coin that have a big potential after long period. Do research your particular coin to hold and keep reading the news of that coin. Specially when coin have a big volume of supply.
Only news and trends is the way to monitor the coin if the price will increase decrease just like what happen in bitcoin from the pats few weeks or months that we are seeing the price increase because of some good news and now we are having a crisis or bad news like banning bitcoin and ICO in china that actually give big impact of the price drop so always follow the trends so that you won't be lose  a lot in trading..
For now better to keep watching the coinmarketap and mostly the best to hold those are already in good rankings, ..
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
September 13, 2017, 02:45:14 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
newbie
Activity: 5
Merit: 0
September 13, 2017, 10:53:42 AM
You can just charge it to experience and maybe try to learn from it. Crypto trading is never an easy thing despite what others are claiming.
full member
Activity: 247
Merit: 100
September 13, 2017, 09:44:16 AM
 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.
full member
Activity: 490
Merit: 100
September 13, 2017, 06:09:41 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!

bad to hear! i have also lost a lot when i started trading my 2 bitcoins, now i just hold whats left!
member
Activity: 69
Merit: 10
September 13, 2017, 05:03:15 AM
You need to learn how to manage risk for your industry.It can not make you rich fast but it will help you survive in the game, and will not make you bankrupt.Going all in one coin is like suicide and try your luck.
sr. member
Activity: 588
Merit: 250
September 13, 2017, 12:50:41 AM
yes it is very sucks if the price drops that we can do only to hold and wait for prices to rise again, to trade must have skill and strategy also read the market but it can all be an experience for you  and can fix the failure
Yeah the trading is very sucks because I experienced many times to lose my money. I regret the time that the coin that I hold is became 300% of its price after I sell my coins. I can say that I am now rich if I have a lot of patience.

That naturally happens, sometimes when you already sold your coin, the market price will suddenly go up. Also, sometimes when you need money or when you want to sell some coins, the market price will be on its lowest. I have lots of patience but I don't think my ways in trading or how I do trading is what really sucks.

I am continuously reading about trafing, hoping that I may come out with something that way I can help myself save money.
full member
Activity: 266
Merit: 100
September 12, 2017, 01:56:18 AM
And what's next, why did you invest, all right you hold to catch the best price, but is it the best, most likely acceptable. So my advice is to sell everything, get a small profit and do not invest any more. This in trade is unacceptable, sitting on a sack. Losses are inevitable here.
sr. member
Activity: 1036
Merit: 281
September 12, 2017, 01:47:20 AM
yes it is very sucks if the price drops that we can do only to hold and wait for prices to rise again, to trade must have skill and strategy also read the market but it can all be an experience for you  and can fix the failure
Yeah the trading is very sucks because I experienced many times to lose my money. I regret the time that the coin that I hold is became 300% of its price after I sell my coins. I can say that I am now rich if I have a lot of patience.
full member
Activity: 154
Merit: 100
September 12, 2017, 01:42:55 AM
i am holding to much FUD . XRP needs to boom to dig me out, same as MCO.
sr. member
Activity: 924
Merit: 275
September 12, 2017, 12:18:36 AM
Trading is risky but also very exciting way to make money and its all about taking a calculative risk at a right time and if you manage to do that well then you can expect good profits from trading as holding is really boring and it will also not give you profits regularly so I will dare to take a risk of investing in trading.
I agree to you that the trading is very risky but it is profitable. I am a trader and I experienced many times to lose my money. My mistakes in the trading serves my teacher to correct all of my mistakes that I did before.
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