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cancerian

Alt trading ruined me mentally

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Your anxiety shows that you started trading without doing a thorough analysis,
when traders feel a deep concern and anxiety, it usually arises because trading without using their own analysis or trading using speculation, this is a decision that is not right, because this type of trading will only lead traders to loss, not profit,


 

 

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If you trade without proper skills and knowledge well of course you are just wasting your money. Also if we trade with small amount of money at our hands it is hard to maneuver in the trading market. Before you trade in alts you should have known that trading is a gamble and that there is risk involve.


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I think it's normal for you to lose in trading. Profit is not always so that you can succeed without trying to get ahead of your mistakes by correcting your mistakes. Focus more on work.

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Trading is too much risky. But it is good. It is business In your business you may face loss. But you should never give up.

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On 10/7/2019 at 3:37 AM, cancerian said:

im so anxious
alts trading ruined me financially and mentally aswell
i don't even care about crypto anymore and i once told myself that i would  never say those words but i just did it folks  😁

This is the reason why day trading is not good for everyone, Keep holding and you will not suffer the same issues and no problem if BTC go down or up because you are more interested in the Future.


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It's okay for you, my friend, we all go through stages of frustration, fear or anxiety, and soon they disappear .. Fear that the time will be long and it will turn into a longevity knot, I wish you good luck

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On 10/6/2019 at 9:37 PM, cancerian said:

im so anxious
alts trading ruined me financially and mentally aswell
i don't even care about crypto anymore and i once told myself that i would  never say those words but i just did it folks  😁

did you ever trade on normal markets? because the risk are the same and people that are not prepared to trade then they will lose a lot of money.

to trade you have to have trading knowledge, rules that you need to follow, and a lot of self control

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Avoid what destroys you because this is very detrimental and start thinking about getting it without you having to lose let alone destroy your future depending on you who want to correct mistakes.

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Don't worry you are not the only one that feels this way from alt trading. But you see that's what makes the difference between an experienced and a newbie trader, how good you control your emotions 

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On 10/7/2019 at 3:37 AM, cancerian said:

i don't even care about crypto anymore and i once told myself that i would  never say those words but i just did it folks

You might have traded with shitcoins. Shitcoins are those altcoins that does not really do anything and are only just hype materials manipulated by whales. Do research first about a coins background before engaging in trading or investing in such coins.

 

Also, to lessen emotional stress, everytime you invest money, immediately consider it lost, or at least only invest funds that you are ready to lose right from the start.

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18 minutes ago, Arun gope said:

We should not take so much headache for doing the crypto currency fluctuations . Be calm and take patience and definitely your money you will you earn.

Sure we don't have to headache our heads because of cryptocurrencies because when we are into the cryptocurrencies we are required to be relaxing

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I don't know why you think negatively about altcoins. I have traded with some altcoins like LTC and BCH SV and I have already earned good profit from them. They were even more profitable than bitcoin for me. Predicting the altcoins was rather easy for me because most popular altcoins follow bitcoin direction in the market and when bitcoin is rising, altcoins are high too. If you buy altcoins at proper price, they will certainly bring you money.

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it is a mental problem that may occur when trading, especially in large numbers and the occurrence of losses. if you are depressed and decide to leave, it will actually make your pain deeper. the solution is, re-enter the market with a small amount and then trade more carefully based on your past experience. little by little, reclaim your defeat.

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Yeah, I pretty much agree with idea of crypto trading being a gambling of sorts, and the rules are unclear with many players involved in each price movement. It's too chaotic.

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On 10/7/2019 at 12:37 AM, cancerian said:

im so anxious
alts trading ruined me financially and mentally aswell
i don't even care about crypto anymore and i once told myself that i would  never say those words but i just did it folks  😁

Dont disheart friend this is not the end of the crypto world and make some patience before buying and selling your coins for getting more profit i think you sell your coins on lose but its not a good decision .

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On 10/7/2019 at 1:37 AM, cancerian said:

im so anxious
alts trading ruined me financially and mentally aswell
i don't even care about crypto anymore and i once told myself that i would  never say those words but i just did it folks  😁

I think you don't have better knowledge about trading or you don't have passion. Also I think you are an emotional person. You have to ignore this to gain success in the crypto trading.


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Really sad to hear that, Can i ask which specified coin or token that you trade? It's normal to sometimes feeling something like that but you must continue and learn from that experience to get more better results for your trading on the future.

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I'm thankful for your advice, for me no one tin break opinions about a bit belongs to me, nonentity is trusted this time

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Well sorry but trading is a risk and if you want to trade you should be prepare for that risk, trading altcoins is very profitable if you know what you are doing, so before you jump into crypto always do your research fully and understand what you are getting into.

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15 hours ago, Amirul Islam said:

I think you don't have better knowledge about trading or you don't have passion. Also I think you are an emotional person. You have to ignore this to gain success in the crypto trading.

At the beginning of the trading you must be too worried about your moneys because you be under fear about your coins, and this thing is making many to lose

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The learn is the most important thing in every thing in this life so if you learn somthing will you will earn and you will have a shinning name through this work 

 

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2 minutes ago, anwarsyr said:

well i think the best coin to trade is bitcoin it is the father of all crypto and the altcoins will rise and fall with , i am currently investing for long term profits due to the high risk of trading

Its maybe right but I think the best way to make profits is make the trading as your friend .. just understant it and you will earn profits

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We all know about crypto world its surely unpredictable and vilolate so its ruined many members those lost some big in chase or on positive note so better just try to understand all fundamental of this market and invest which you easily can handle because mostly members in greediness try to have big profit lost their own funds and this hurt becare and invest which never ruined you and your mentality.

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