Alt trading ruined me mentally

[steve197 522]

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  😁

You have to be patience and cautious in this field

and try to get a break every once and a while

practicing in small amount of money is better to learn first

then you can trade with an good capital 

[skbo 16]

If you like to analyze, trade successfully, merely look after it with Bitcoin, it is the barely one that bottle figure out each and every one kinds of analysis, roughly currencies such as Monero, ETH, may be good, but Bitcoin is a lot better, though the Altcoins is obedient to trade in concise .
 

[Muhammad Hamdan 697]

You need to be very patient whole trading alt coins.

As no one knows about the market which way its gonna fluctuate but believe me it gives the best opportunity at last.

[Sumayya 493]

On 2/3/2020 at 5:39 PM, gayatri said:

There is lot of risk associated with alt trading as it is very volatile in terms of price. Especially the new coins can be very hard to track and can result in significant loss in case of big price drop.

The risk is so much and sometimes we fall for the higher risk with our knowledge

[Great Commander 659]

Same thing, I've traded my funds for a better price but ended up losing a 5% gap between my bought and sold cryptos. 

[Syedbesharat 5423]

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  😁

So sorry to hear you have to not loss hope and start over .You just have to work in faucets and collect some coins from air drop.Insuggest you to start working in bounties their you don't need to invest just spend some time on bounties.

[mani982 286]

When you start trading and investing in crypto then do not emotionally attached with any crypto coin this will give loss to you .every time trade with technical skills .

[Mashiur 77]

Yes we must be need leave it. Because it ruined mentally. Everyone need avoid this Metter. 

[Muskan7816 175]

Nah didn't ruin me all the business mentally to encourage us more because traders are the only way we can make a lot of money in a very short time.

[Brushless4500KV 4214]

3 minutes ago, CryptoBitCrypto said:

If I can not learn about Crypto then why trading profitable coins at all. I will rather stay fiat than Crypto. But I was able to learn and I learn first. I later trade and I am earning. 

Trading with altcoins requires more stress than bitcoin because they sometimes change so fast that you don't even have enough time to decide what to do. I think the word Bubble mostly applies to altcoins rather than bitcoin because bitcoin is more like a stable coin compared to some altcoins. Anyone who wants to trade with altcoins, should know that they require frequent price and graph monitoring and sometimes it is very tiresome to wait for prices to move in your desired direction. You may even have to stare at prices for some hours to grab the best earning opportunity for making profit with altcoins.

[Heroshema 0]

On 2/3/2020 at 8:52 PM, Riazullah said:

Yes this is just going to do that to everyone .it will go to moon in the next few months right now thanks for here to be.

This is my point too .. but we should wait after the halving to see what will happend to bitcoin dominance and altcoins volume

[kadayakito 765]

I think you were psychologically too heavy, you didn't find your belief. I am afraid you will be depressed, relax more and breathe a lot, read the book "who took my piece of cheese".

[Robot 93]

Actually it's create mentally pressure. But I think short time trading is the best for earn money. Always I am trying to short time trading

[Salma Akter 0]

i am also fed up with this. i am the poor trader ever i think.  But here a solution,If you want to analyze, trade successfully, just do it with Bitcoin, actually me also observed it. It is the only one that can do all kinds of analysis,  Bitcoin is better, although the Altcoins is good to trade but its painful too.

 

[Hendy1 370]

So I invested 30% of my finances from 3 altcoin trades that took place from my three coins above which lost 15% and a profit of 25% so I still got all the 10% coins I had in 3 days. This is a strategy that I often use to calculate losses and profits.

[gigabyteRTX 1583]

Well if that's your decision then maybe its good for you to take a break or stop in trading because maybe trading in suitable for you, well anyway good luck on what you will do next.

[Nayan deka 317]

Brother in this trading and investment market you have to have a relaxing mind and patience in order to get success and get more profits. So stay focused.

[deepown 0]

For me it is gambling that messed me up mentally after losing what i could not afford to lose.

[George10 9932]

Trading on all currencies or Cryptos needs discipline, self control,strategy and confidence if you don't have these aspects then I'm afraid to tell you that you will nock off early depressed and mentally distabed because of the funds you will lose and you might give a wrong advice to someone who wants to start trading.

[guatazoo 7150]

21 hours ago, Pkkhan03 said:

You can’t predict the future. Everyone thinks they can. But they can’t. This applies not just to trading but everything. You could be married for 10 years and the next thing you know you are divorced and you would not have predicted that. You could be healthy all your life and drink your vegetables and exercise and reduce stress, and a year later you could be dead from cancer.

The only truth about the future is that if we hold for a very long time, it will not be as different to those who hold bitcoin from 2010 to 2017.

[ram007 391]

this is why emotions must be handled properly,you must be patient,decrease in crypto is just normal,just wait for the increase than selling at loss.

[Amir YT 202]

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 enough knowledge of crypto trading. In the crypto market there is low marketcap. So we have to make trade with carefully. Also we need some passion to do it. Always we should trade like robot.

[Oxygen 1004]

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  😁

This happens just because of immature trading and having bad knowledge about crypto trading. Also the myth to get rich quick have ruined our minds and put our minds in greed. We do not have the trading capabilities and start trading to get profits and we loss instead.

[Mifu 5]

Future can not be predict. anything can be happen.  But people have to be carefull while trading.  But i think people should do trade with bitcoin. It wont give you so much pressure       

[Dmasked 1840]

Any other cryptocurrency than bitcoin doesnot have a certain market.  Some cryptocurrency like litecoin and ethereum are growing and gaining their market but not even bitcoin was this popular overnight it took its time and other cryptocurrency will also reach high numbers but the real thing is to identify which will.