Trading sucks, I'll just hold my coins - page 33.

coin_1122

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Quote from: lol3c on August 22, 2017, 02:58:16 PM

you must not have enough knowledge before starting trading. I have seen many people becoming rich thanks to trading. You need to spend more time to learn about trading before getting use to it. well, holding your coins is not a bad idea, but you will lose a chance to earn even more money Wink

Yes, I agree with you many people want to become rich with in short period of time but they will end up in loss due to because they don't experience about trading. Op need to spend a lot of time on the trading market in order to get knowledge about trading.

TheGreatPython

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You’re not the first person i’m seeing actually saying that trading the market sucks and would rather keep the coins than trade with it. Come to face it. Trading the market isn’t actually for the light at heart. It is for the experts who are ready to take the risk.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: wuvdoll on August 22, 2017, 02:25:37 PM

Quote from: justdimin on August 22, 2017, 02:20:24 PM

I never recommend trading with bitcoins because one small mistake can make you deprive of the most expensive coin available in the crypto market. Besides when we all are aware of the fact that bitcoins are in limited number and increasing in price day by day, it is stupidity to trade with bitcoins.

You might be missing great opportunity of earning big money through bitcoin trading. Bitcoin trading is not recommended only if you are not yet prepared well for a high volatiles market situations otherwise it is highly recommended way of making bitcoins. I'm not claiming bitcoin trading is an easier one as it is our responsibility to get into with required skills. When you will be having skills for bitcoin trading then you can make definite big money.

But my point is, instead of risking bitcoin, you can earn better with some other methods. Trading is always unpredictable so I suggest to go for it with possible low risk opportunities. Instead of trading I am always recommending to go for long term holding like investments with bitcoins because that will be definite profitable.

You must accept that trading is not for all the people but other kind of earning opportunities like investments with bitcoin will be suitable for anyone.

lol3c

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you must not have enough knowledge before starting trading. I have seen many people becoming rich thanks to trading. You need to spend more time to learn about trading before getting use to it. well, holding your coins is not a bad idea, but you will lose a chance to earn even more money Wink

msmin

newbie

Activity: 139

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what are the criteria to distinguish promising projects from bad ones?
for instance, would you invest in this banana plantation project? if no, what would drive you away? Thanks for your brainstorming
http://bananacoin.io/

steamon

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Activity: 404

Merit: 252

Holding in crypto is one of the best investments you can make there are more coins coming lately with passive earnings that are way better than any bank can offer you. We are living in the future. When the public gets this offer we are in it for years and solid. Then we will profit from the masses that's how I see it. Kinda cool to think about. Test it? Ask around to your friends and family I can bet not even 10% is in Bitcoin or any other crypto currency. When the official fund's step in that were the fun begins for us.

remedcu

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Activity: 376

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Learner for Life!

The OP had a really tough day, huh?

I myself sometimes kicks when I trade, as now when I look back, some of the coins I have bought a ton are now valued 50 to 100 times.

But still I do trade, do you know why? Because only some of the coins have reached that potential, for all the others, it is just some rise.

I am not an expert trader, but I book my profits most of the time.

And if it goes down after the rise, I buy again depending on some aspects.

And if it goes up, just move forward.

Trading, either in stocks or in crypto, make some rules, and follow it.

Some of mine are:

1. Not to get emotional
2. Book your profits
3. DYOR
4. Even though we can read charts, market is mainly handled by humans, so we can't be 100% sure, that's why they are called predictions

And even if we can see the future, we cannot be sure that coming back to the past and buying it will result in that certain rise you saw in the future, as there's a thing called butterfly effect or ripple effect.

wuvdoll

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Quote from: justdimin on August 22, 2017, 02:20:24 PM

I never recommend trading with bitcoins because one small mistake can make you deprive of the most expensive coin available in the crypto market. Besides when we all are aware of the fact that bitcoins are in limited number and increasing in price day by day, it is stupidity to trade with bitcoins.

You might be missing great opportunity of earning big money through bitcoin trading. Bitcoin trading is not recommended only if you are not yet prepared well for a high volatiles market situations otherwise it is highly recommended way of making bitcoins. I'm not claiming bitcoin trading is an easier one as it is our responsibility to get into with required skills. When you will be having skills for bitcoin trading then you can make definite big money.

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Koadharber on August 21, 2017, 11:41:31 AM

Quote from: Cosbycoin on August 21, 2017, 11:32:17 AM

Quote from: no0dlepunk on August 20, 2017, 05:21:34 AM

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

Hey man, which country are you at? I don't think there is anywhere much shittier than where I am right now. But anyway, If you are a newbie you should really avoid trading bitcoins or altcoins... 1.8k USD is a lot, you could have been rich now if you have bought BTC before the fork and then converted all your assets into Bitcoin Cash yesterday before it was pumped.

For people like us, we should really stick to that "buy and HODL" system, specially if you have a day job and you cannot afford to be a fulltime trader.

By the way, amigo... try lending your bitcoins in poloniex or bitfinex. A profit of 0.02% every 2 days is not too bad at all. Cheers!

Yes, there is nothing to be worried about. It is not an end of trading. Even if you don’t have day job, still I will recommend holding bitcoins and trading with altcoins. I never prefer trading with bitcoins since they are very expensive and losing them by one wrong decision can out you into big problem.

I agree on what you have said here on which trading on bitcoins is somehow expensive once you lost it , you would really have a hard time to recover later on unlike on trading altcoin which its price is somehow cheaper than bitcoin that you can able to manage even if you lose some parts of it. Hodling is good for bitcoin but for altcoins trading them actively would be just fine for me.

I never recommend trading with bitcoins because one small mistake can make you deprive of the most expensive coin available in the crypto market. Besides when we all are aware of the fact that bitcoins are in limited number and increasing in price day by day, it is stupidity to trade with bitcoins.

chaser15

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Undeads.com - P2E Runner Game

Quote from: laxinternational on August 21, 2017, 04:02:49 PM

While I was working in home office I started crypto trade and I couldn't be successful. The reason why it's hard to open the correct positions. Especially in margin trade, when you open a wrong position, you can lose all your money. Very risky. And I talked to myself to stop trading. It wasn't providing me a good income. With the time that I wasted on it, I can earn much more money in freelance jobs.

You didn't success because there is lacking and that is your assignment. Asked yourself, "where did I go wrong".

Always remember, doing crypto is not like you will be succesful in an instant. You must build yourself. Treat your mistakes as lessons to improved your future trades. Succesful and big traders today still losing up to today but overall they have a good stats. Why? Because of the experienced they made since the start of their journey, they know how to deal with the problems now. That's what you have to figured out.

laxinternational

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Activity: 124

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Quote from: allohha on August 21, 2017, 03:50:55 PM

Quote from: aardvark15 on August 21, 2017, 03:38:08 PM

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

Right now I'm doing very little trading because the price of Bitcoin has gone so high and it's hard to find a trading range. The price has made huge gains lately and I think the price needs to stabilize before we can do short term trading again.

Now I do mostly longer term trades or just hold for long term or until we see more of a drop in price. After a correction, I think there will be more fluctuation in price.

It seems to me that you do not need to waste time in vain. The fact is that if a person has such small incomes through trade, then he does not need to do this. It is better to try on the signature of the company and earn a lot more. And already sold those Talking, it will be possible in this way to work on the prospect of Bitcoin. And in general, crypto currency is a difficult job.

While I was working in home office I started crypto trade and I couldn't be successful. The reason why it's hard to open the correct positions. Especially in margin trade, when you open a wrong position, you can lose all your money. Very risky. And I talked to myself to stop trading. It wasn't providing me a good income. With the time that I wasted on it, I can earn much more money in freelance jobs.

allohha

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Activity: 672

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Quote from: aardvark15 on August 21, 2017, 03:38:08 PM

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

Right now I'm doing very little trading because the price of Bitcoin has gone so high and it's hard to find a trading range. The price has made huge gains lately and I think the price needs to stabilize before we can do short term trading again.

Now I do mostly longer term trades or just hold for long term or until we see more of a drop in price. After a correction, I think there will be more fluctuation in price.

It seems to me that you do not need to waste time in vain. The fact is that if a person has such small incomes through trade, then he does not need to do this. It is better to try on the signature of the company and earn a lot more. And already sold those Talking, it will be possible in this way to work on the prospect of Bitcoin. And in general, crypto currency is a difficult job.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

Right now I'm doing very little trading because the price of Bitcoin has gone so high and it's hard to find a trading range. The price has made huge gains lately and I think the price needs to stabilize before we can do short term trading again.

Now I do mostly longer term trades or just hold for long term or until we see more of a drop in price. After a correction, I think there will be more fluctuation in price.

Koadharber

hero member

Activity: 1065

Merit: 510

Quote from: Cosbycoin on August 21, 2017, 11:32:17 AM

Quote from: no0dlepunk on August 20, 2017, 05:21:34 AM

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

Hey man, which country are you at? I don't think there is anywhere much shittier than where I am right now. But anyway, If you are a newbie you should really avoid trading bitcoins or altcoins... 1.8k USD is a lot, you could have been rich now if you have bought BTC before the fork and then converted all your assets into Bitcoin Cash yesterday before it was pumped.

For people like us, we should really stick to that "buy and HODL" system, specially if you have a day job and you cannot afford to be a fulltime trader.

By the way, amigo... try lending your bitcoins in poloniex or bitfinex. A profit of 0.02% every 2 days is not too bad at all. Cheers!

Yes, there is nothing to be worried about. It is not an end of trading. Even if you don’t have day job, still I will recommend holding bitcoins and trading with altcoins. I never prefer trading with bitcoins since they are very expensive and losing them by one wrong decision can out you into big problem.

I agree on what you have said here on which trading on bitcoins is somehow expensive once you lost it , you would really have a hard time to recover later on unlike on trading altcoin which its price is somehow cheaper than bitcoin that you can able to manage even if you lose some parts of it. Hodling is good for bitcoin but for altcoins trading them actively would be just fine for me.

Cosbycoin

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Activity: 980

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Quote from: no0dlepunk on August 20, 2017, 05:21:34 AM

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

Hey man, which country are you at? I don't think there is anywhere much shittier than where I am right now. But anyway, If you are a newbie you should really avoid trading bitcoins or altcoins... 1.8k USD is a lot, you could have been rich now if you have bought BTC before the fork and then converted all your assets into Bitcoin Cash yesterday before it was pumped.

For people like us, we should really stick to that "buy and HODL" system, specially if you have a day job and you cannot afford to be a fulltime trader.

By the way, amigo... try lending your bitcoins in poloniex or bitfinex. A profit of 0.02% every 2 days is not too bad at all. Cheers!

Yes, there is nothing to be worried about. It is not an end of trading. Even if you don’t have day job, still I will recommend holding bitcoins and trading with altcoins. I never prefer trading with bitcoins since they are very expensive and losing them by one wrong decision can out you into big problem.

VanDeinsberg12

hero member

Activity: 1540

Merit: 507

Quote from: Soranith on August 21, 2017, 10:45:47 AM

Quote from: eidoscore on August 21, 2017, 10:15:19 AM

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

im too, until now still hold shit coin NXT why this price is too low, i buy in rate 3,9 but 1 weeks laters the price down to 2,5 this is shit think of me.

Maybe you bought your Next when it was pumping or in the mid of bitcoin rise, when bitcoin skyrocket altcoins price normally drop. So if you don't want to lose money then just hold your coin.

That's not true at all. because a lot of players got trapped in the high price or the manipulation by the whales. But i can say this will take a long time to go just to go out from the loss caused by the pump.
I meant half of the year should be the fastest time to get out from there.

Soranith

hero member

Activity: 798

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Quote from: eidoscore on August 21, 2017, 10:15:19 AM

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

im too, until now still hold shit coin NXT why this price is too low, i buy in rate 3,9 but 1 weeks laters the price down to 2,5 this is shit think of me.

Maybe you bought your Next when it was pumping or in the mid of bitcoin rise, when bitcoin skyrocket altcoins price normally drop. So if you don't want to lose money then just hold your coin.

Gotumoot

sr. member

Activity: 1372

Merit: 261

All of us passed through being new. And since you are a novice he or she is likely to experience gives you a lesson? I am right, right ?
Learn from your mistake and that will make you prosperous for the next time you experience that you know what to do because you've done that mistake, now I did not really do it and it's repeated again we can not do it that you do not really teach yourself

eidoscore

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STABILA [STB] - Decentralize The Financial System

Quote from: rremus91 on August 03, 2017, 06:40:29 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!

im too, until now still hold shit coin NXT why this price is too low, i buy in rate 3,9 but 1 weeks laters the price down to 2,5 this is shit think of me.

Shinpako09

legendary

Activity: 2058

Merit: 1015

That's the best thing to do if you don't want to lose anything or take a risk. It's just the disadvantage of it is you will lose the profit in short term trading but the advantage of it is you won't lose any single of your coin by just waiting for a price rise.

Topic: Trading sucks, I'll just hold my coins - page 33. (Read 25868 times)