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Topic: Trading sucks, I'll just hold my coins - page 5. (Read 25900 times)

member
Activity: 294
Merit: 36
February 26, 2018, 09:49:48 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. Not only must you require patience and a goos understanding of what you are getting into, but the risks will always be there especially for the alt coins that only serve as pump and dump instruments. I was also into a bit of trad8ng before but since I found out that I can't devote too much in it, I just decided to hold my coins and let it appreciate in value over time.

I think that's the best "acceptance" strategy one can do after a loss. However, that is good for a person who's outside looking in like us. But, for the person who lost something, especially if it's a big amount then, it's hard to tell him to charge it to experience or that it's okay because it is certainly not. What I am saying here is that everyone has their own call on what investment and venture they want to follow through in the cryptocurrency market. Just like everyone else, losing is tough, so if you feel that trading is not the venture for you, then by all means follow that because it's more difficult to regret after losing so much. At least, by doing that, you mitigate or avoid all the probable you may get in the future.
full member
Activity: 602
Merit: 102
February 26, 2018, 09:03:59 AM
I don't see trading as been suck but rather, i believe it is more profitable than holding. Trading can be only profitable when you have a working strategy and you know how to analyze the market properly. I am of the opinion that, if some people can make a fortune out of trading, then, anyone else could as well.
full member
Activity: 602
Merit: 100
February 26, 2018, 03:27:30 AM
It really sucks if you easily panic and sell it when you feel that it's over even if it's not. Trading is a battle of patience. Those coins can still recover and they just need time.
hero member
Activity: 3052
Merit: 685
February 26, 2018, 01:40:56 AM
It is not good advice to avoid trading just because you failed. Everyone fails and commits mistakes. It is wrong that you have trade too much when you are still a newbie in trading. You could have started small and move your way up slowly. Trading is profitable but takes a lot of patience and time to learn. Experience makes you better at it. So trading small while you gain experience is the best move.

We all know that but there are people who easily surrendered because they do not want to take further risk that would result to losing more money.
If we conditioned ourselves on losing, we can easily lose money and that is not wise as a trader since it's a game of mind, never think of an overnight success as those successful traders spend time to achieve where they are now.
full member
Activity: 540
Merit: 100
February 26, 2018, 12:49:55 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!
If you don't have good trading skills, I think it is better if you will just hold your coins. You will lose your money if you will continue to trade. You must gather more information for you to improve your trading skills.
member
Activity: 196
Merit: 16
February 26, 2018, 12:46:52 AM
It is not good advice to avoid trading just because you failed. Everyone fails and commits mistakes. It is wrong that you have trade too much when you are still a newbie in trading. You could have started small and move your way up slowly. Trading is profitable but takes a lot of patience and time to learn. Experience makes you better at it. So trading small while you gain experience is the best move.
full member
Activity: 210
Merit: 100
February 25, 2018, 08:31:50 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!

Charge it to experience. I've always believe that, in trading it is always a win-lose situation. Even the so-called experienced traders do lose in some of their tradings. That's why i am not so enthusiastic about on trying this side of the field. Well it is good to know that you've already learned your lesson that not everybody can trade. Holding is really a good choice.

full member
Activity: 378
Merit: 100
February 24, 2018, 10:32:06 AM
Don't trade if you don't have the guts of taking up the risk better stay at holding out your coins. Before I'm afraid of doing some trades but now I'm into holding my bitcoins and also at the same time I'm do day trading. It's enjoyable and fun in my side because I'm learning with new methods of reading the market and this is really an effective way of growing myself.
full member
Activity: 134
Merit: 100
Decentralized Ascending Auctions on Blockchain
February 23, 2018, 12:59:36 AM
actually, trading is not an easy work. you needs prepare many things before start such as knowledge, technical skills, hunting news,... So, if you are not an good trader, you can choose the investing strategy.
newbie
Activity: 60
Merit: 0
February 22, 2018, 01:39:27 PM
Can confirm. I lost a small fortune trading, but I'm happy it happened because it was a life experience and I'll hope to never do that again.
member
Activity: 406
Merit: 11
February 22, 2018, 01:38:44 PM
Charge it to experience. I've always believe that, in trading it is always a win-lose situation. Even the so-called experienced traders do lose in some of their tradings. That's why i am not so enthusiastic about on trying this side of the field. Well it is good to know that you've already learned your lesson that not everybody can trade. Holding is really a good choice.








Of course, if you keep it, it's a good choice. But it still depends on the time on which you can conserve your coins. if Bitcoin, then you need to store for years, and other coins will last six months to see a real good price.
newbie
Activity: 130
Merit: 0
February 22, 2018, 09:24:18 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!
I think if you trade unsuccessfully you have not sold yet, it means not yet. It can be seen that if you are investing in a potential project, it is likely that its price will grow over time and only temporarily reduced by the market storm. So when investing in a project you have to trust and trust the project that you have invested, should not give up because of a little wind.
sr. member
Activity: 476
Merit: 250
February 22, 2018, 08:39:43 AM
Daily trade without meaning is what most risk entails, and simply holding the coins is not the best option either. The best thing is from time to time for example 1-2 times a week to review the news and if there is reason then to trade. But, if you would have to choose one of the first two options, probably holding the coins is a better investment in terms of benefit / effort

Holding is only for patient people, most of the traders can't hold their tokens because they all time time want to make money from their coins. They sell it out and then they cry because of this decission.
jr. member
Activity: 112
Merit: 2
February 22, 2018, 08:35:52 AM
Daily trade without meaning is what most risk entails, and simply holding the coins is not the best option either. The best thing is from time to time for example 1-2 times a week to review the news and if there is reason then to trade. But, if you would have to choose one of the first two options, probably holding the coins is a better investment in terms of benefit / effort
hero member
Activity: 1386
Merit: 504
February 22, 2018, 08:29:53 AM
Newbie trader here and it took me exactly 3 days to understand that short time trading is not for me. I lost some and gain too, but most of it was plain luck and I dont deserve that profit. I left it and now I just buy coins for holding now.


You made a good choice, short term trading are so risky than the long term trading. A newbie trader is still very emotional and lack of experience in trading. Important thing as a newbie is gaining an experience and know how to handle a trade and it suppose that its better if you make a long term trade
Good for him to understand in a span of 3days. It doesn't mean he knows it trading needs a bunch of patience and capability to know or spot what are your mistakes. The newbie traders is very easy to lose their belief or positions and sell because of fast panic market dumpers.
member
Activity: 224
Merit: 28
February 22, 2018, 08:18:45 AM
"Trading sucks, I'll just hold my coins" .   ...lol
You just made my day!
full member
Activity: 476
Merit: 100
February 22, 2018, 03:57:30 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!
It is normal to experiencing loss in trading. You can earn big amount of money in trading if you will improve your trading skills. You should have a lot of hope for you to become professional trader.
full member
Activity: 528
Merit: 100
February 22, 2018, 03:49:05 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!
If you want to overcome all of your losses in trading, my advice is do not quit trading. One of the best way to overcome your losses is by controlling your emotions. It seems that you don't have a lot of patience and it is the reason why you lose your money.
newbie
Activity: 4
Merit: 0
February 22, 2018, 02:59:50 AM
No it doesn't, just follow my FREE signals on telegram
Hello everyone,
https://t.me/cryptokraken
full member
Activity: 448
Merit: 100
LETS GO ADAB
February 22, 2018, 01:18:54 AM
Newbie trader here and it took me exactly 3 days to understand that short time trading is not for me. I lost some and gain too, but most of it was plain luck and I dont deserve that profit. I left it and now I just buy coins for holding now.


You made a good choice, short term trading are so risky than the long term trading. A newbie trader is still very emotional and lack of experience in trading. Important thing as a newbie is gaining an experience and know how to handle a trade and it suppose that its better if you make a long term trade
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