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Topic: was trading beneficial for you? - page 22. (Read 2965 times)

legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 29, 2017, 05:30:40 AM
#33
not always and it is impossible to make profit on all your trades but I am happy that my total is positive. I have made more money than I have lost and I take it as a good sign. it has never been easy though. sometimes you have to make hard decisions to accept a loss in order to prevent a bigger one or to make profit later on.
this market requires a lot of experience in my opinion. because things such as technical analysis and lots of other more logical reasons do not work most of the times. for instance there are times where an altcoin is rising when it should have been falling and it is falling when it should have been rising!
this makes everything that much harder but it is possible to make a sense of all this in time.

Also some mistakes that you would never repeat?

1. buying an already pumped altcoin
2. holding altcoins longer than I should
member
Activity: 210
Merit: 14
November 29, 2017, 04:37:47 AM
#32
I stopped trading because my father assigned me to run our family business.
full member
Activity: 504
Merit: 100
November 29, 2017, 04:11:47 AM
#31
It's the opposite. To make myself calm after all of my loss is I just think that I'm still learning and I'm still knowing all my mistakes that I shouldn't do anymore.
sr. member
Activity: 1190
Merit: 256
November 29, 2017, 04:09:18 AM
#30
For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

Haven't had any noteworthy profits from trading, in most cost cases I go down with a huge loss.
Though I wasn't looking at it to make me rich.
hero member
Activity: 2128
Merit: 520
November 29, 2017, 03:45:25 AM
#29
I can say that it changes my life in a way that it can sustain our monthly household expenses. Though it was not easy at first, but eventually, I got the hang of it, plus I can just do it in the comfort of my own home and can spend more time with my family.

jr. member
Activity: 37
Merit: 1
November 29, 2017, 03:31:45 AM
#28
Not so much. My dreams are actually now farther away ever since i started trying trading. Especially because I tried to day trade bitcoin. Everytime i shorted it the price would rise higher than before. Lesson learned, there is no all time high for bitcoin. Bitcoin will not stop until it reaches the moon.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 29, 2017, 03:24:22 AM
#27
I still got profit from trading, but not too much, I still got so many to learn regarding to the trading, but I think I am getting better and one of the lesson I learned is never too greedy and although trading is very profitable but the risk of losing money is also really high, so only trade with the money you can afford to lose
Yes trading is profitable but before we enjoy it, we are facing first the struggles in trading on which is a good way for everyone to avoid losses in trading. We learn from our mistakes and this mistakes help us to improve our skills and strategies in trading.
full member
Activity: 1554
Merit: 101
November 29, 2017, 02:41:09 AM
#26
my journey so far can be said to profit because I did not spend money for trading, because I got it from bounty and then put it on the exchange site, well at the time of trading may be said I'm a bit of a loss because the bitcoin price continues to rise, of course it affects other altcoin prices, it is very difficult to find the right time to sell right now.
newbie
Activity: 14
Merit: 0
November 29, 2017, 01:07:16 AM
#25
btc 20k? I want holding my btc. it's ok?
member
Activity: 89
Merit: 10
November 29, 2017, 12:52:53 AM
#24
Almost a year ago I known nothing then slowly I go for searching about crypto currency and digital trade with bitcoins so I started mining to be more honest I earned  a lot and these days I  have invested in different Mining site and gambling through which I am earning a lot and hope to earn much more in near future.
hero member
Activity: 1274
Merit: 516
November 29, 2017, 12:51:38 AM
#23
I still got profit from trading, but not too much, I still got so many to learn regarding to the trading, but I think I am getting better and one of the lesson I learned is never too greedy and although trading is very profitable but the risk of losing money is also really high, so only trade with the money you can afford to lose
hero member
Activity: 924
Merit: 511
November 29, 2017, 12:30:40 AM
#22
I started cryptocurrency trading in 2013 and i remember my first investment with bitcoin was $50, obviously due to low market it gained me no profits but helped me to learn a lot more about it. Since i continued trading my crypto assets with different altcoins, the profit started pouring.
There were some little losses also but overall my trades were successful and i am still doing it well as before
sr. member
Activity: 2618
Merit: 439
November 29, 2017, 12:27:39 AM
#21
For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

Of course its beneficial to me at least. Journey was good I must say, there's ups and down and I'm still standing at still on the positive side. I think my mistakes is exiting too early and putting my sell order and didn't wait till the price go up. I was paranoid that the price could go down in the next hour or day that's why I would immediately push the button. Also at the beginning of my journey, the dreaded panic selling was un-avoidable. But as I matured, I learn to control. That's why I have my entry/exit plan into place already so that I know what's the right time for me to exit or to buy.
full member
Activity: 658
Merit: 100
November 28, 2017, 11:47:00 PM
#20
I have been finding my feet in the ocean of cryptocurrency for year and to say it just as itnis, it has been very beneficial trading cryptocurrency. Yes it is not always sky blue, there have been bad days but all in all, i have master my game.
full member
Activity: 280
Merit: 105
November 28, 2017, 11:05:13 PM
#19
I started trading during the bullish period. I invested a lot nkt realizing the market is going down.  Now am not sure if we are already at the dip.

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

That's really sad but don't worry it will surely bounce back, trading is very risky specially when you have no idea on how to done it properly. That's a mistake that you should not do again, personally trading helps me to make more money and I believe in the future trading with cryptocurrency will become more powerful.

The market will almost certainly bounce back because we are in such a new and prospering market but I disagree that trading will become more powerful in the future, as the market grows it will surely become more stable and also more saturated with experience traders which means that profits for traders will be harder to come by and smaller.
sr. member
Activity: 798
Merit: 268
November 27, 2017, 08:05:47 PM
#18
I started trading during the bullish period. I invested a lot nkt realizing the market is going down.  Now am not sure if we are already at the dip.

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?

That's really sad but don't worry it will surely bounce back, trading is very risky specially when you have no idea on how to done it properly. That's a mistake that you should not do again, personally trading helps me to make more money and I believe in the future trading with cryptocurrency will become more powerful.
sr. member
Activity: 1372
Merit: 255
November 27, 2017, 08:00:27 PM
#17
I started trading during the bullish period. I invested a lot nkt realizing the market is going down.  Now am not sure if we are already at the dip.

For all the people who started trading with dreams to become rich.
How has your journey been so far.
Was there a net profit or loss till now.
Do mention from when you started trading and what amount in total did you loose or gain.
Also some mistakes that you would never repeat?
full member
Activity: 392
Merit: 102
November 27, 2017, 07:54:12 PM
#16
As a newbie my journey basically consists of pits Smiley
But I don't wear pink glasses, through which I see piles of money right in front. This is a difficult path, where you need a lot of knowledge, patience and the ability to learn from mistakes.
full member
Activity: 686
Merit: 108
November 27, 2017, 07:31:51 PM
#15
Personally yes, trading teach how to become more discipline every time I trade, to be more patient on my target price but of course mistakes will always be here but not big mistakes. Trading is very simple specially when you master it, but if you are not confident to do this then you will surely loose money.
member
Activity: 340
Merit: 13
November 27, 2017, 07:31:28 PM
#14
Trading has effects to us, maybe we gain profit or we will lose to it depends on how we handle it. For me t4ading benifits to me gaining a profit because i handle it properly and buying a coin which a future
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