Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: TomPluz on October 31, 2024, 07:48:07 AM
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
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Why should I be afraid or worried if I know myself that I have an idea or knowledge of trading strategies? Getting into any trading activity can be likened to a car; in order to run it properly, you must know how to drive so you don't get into an accident.
And when you know how to drive, you will get a license so that we have the privilege or right to handle any vehicles. Because if you know in yourself that you can't drive the car yet and you insist on driving it, the result will surely be an accident, so it's the same when entering the trading business industry; you should study and learn the things you should do in that regard.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Well, trading or holding is more about your mindset. Alot of investors sometimes fail to see how both of them can benefit them.. while holding is safer, a lot of investors consider it a low reward investment strategy.. most times the market just keep trending around particular price range and takes longer time to profit the investors.. while people sometimes go into trading is that if you actually understand how to trade properly, not just learning technical analysis or strategies but psychology and mindset, the you will make even more profits than someone holding for a longer term.
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My thoughts are exact opposite of yours, whenever I watch the price swings I get temptation to play my hand because it feels easy money in no times meanwhile holding is gradual increase over the years which is why I avoid looking at the price charts more often to control the urge of trading.
I am kind of afraid too because at anytime things can go wrong when playing with random coins so limited my trading capital to very minimal so even if I lose it doesn't bother me that much.
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As we see history the investor make money from holding instead of trading and it is true trader can make money today but day after Tomorrow will get loss high compare to profit and accordingly capital decrease.
So be investor and tention free life.
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Because Bitcoin is mostly used as an investment asset, has its use as for payment and speculation is not the basis of Bitcoin, especially when we compare the long-term trend between Bitcoin and most altcoins trading pairs. Therefore, the majority tend to keep most of the Bitcoin for long-term investment and trading by 1% to 20% on a monthly or annual basis.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Trading is very risky. Your fear not to trade can be what is helping you not to lose money. As gamblers are losing, so are many traders losing. Since I have been reading, I lose than make money which is just like gambling. If you are afraid to trade, you can wait till after bear market and buy coins like bitcoin. There is success in patience.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
- There is nothing wrong if we prefer more on holdings; instead of engaging in trading, we still lack the knowledge that if we insist on trading, we will only end up losing because, for sure, the analysis that we can do is not correct, and if the analysis is wrong, our result is not good.
That's just the way it is; after all, it's not scary to trade as long as you know something about trading. It's just worrying that we're going to trade when you're not sure yourself if you're going to make a profit from it.
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Actually, all activities related to money have risks, the higher the potential to get money, the higher the risk.
In crypto trading, the risk is very high, therefore it is recommended that we learn seriously first if we really want to enter the world of cryptocurrency trading.
However, if fear always arises, then we should not enter first. Because in any case, our mentality affects us in making decisions in trading.
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Trading is the best valuable earning way in cryptocurrency market. Because if we follow in cryptocurrency market, we can understand easily in important of trading system. But if we know about trading, i believe that we can earn huge profit from trading. But if we cannot understand in trading system, it will be best difficult for earning best profit from crypto currency market. So i believe that if we want to earn money from crypto currency market, we should understand in cryptocurrency world.
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Trading is the best valuable earning way in cryptocurrency market. Because if we follow in cryptocurrency market, we can understand easily in important of trading system. But if we know about trading, i believe that we can earn huge profit from trading. But if we cannot understand in trading system, it will be best difficult for earning best profit from crypto currency market. So i believe that if we want to earn money from crypto currency market, we should understand in cryptocurrency world.
Yes I agree with you, profiting from trading is not possible for everyone. Because in order to trade, it is very necessary to have proper research and deep knowledge of various methods of trading. Trading is a place where money is lost due to even the slightest mistake. The trading market is always very volatile, so it is important to trade with proper strategy and proper research while trading. And never depend on one strategy, because the same strategy doesn't work all the time, so you have to use a variety of right strategies. Trading should be done using different types of correct strategies according to proper research and market movements. Only then can we benefit from it.
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Investing is easy because you are only buying when you have the money and hodli in your self custody wallet with peace of mind. But trading is stressful and plays with your emotions, and losses are inevitable. I have never thought of trading, because I don't have the time due to work. The first time that I tried trading, I lost and since then I have never thought of trading.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
People should actually be afraid of trading because it is very risky when you have knowledge and even though the risk is not still eliminated when you have acquired some knowledge. There is always the risk involved in trading that some traders will be afraid of taking but knowledge defeats that fear and with enough knowledge you will be more confident in your abilities than afraid of the market.
Trading is not a game.
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Holding is definitely a better idea to me than trading. But I don't dislike trading. Holding is much easier than trading for those who fear trading or are risk averse. Holding will create the possibility of getting big profit for a long period of time. But those who trade can get cash while the holders have to wait for a long time. Especially those who are new, if they hold Bitcoin for a long time, there is definitely a chance of profit, while those who hold the wrong asset without understanding will not be able to achieve anything after a long time.
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Holding is definitely a better idea to me than trading. But I don't dislike trading. Holding is much easier than trading for those who fear trading or are risk averse. Holding will create the possibility of getting big profit for a long period of time. But those who trade can get cash while the holders have to wait for a long time. Especially those who are new, if they hold Bitcoin for a long time, there is definitely a chance of profit, while those who hold the wrong asset without understanding will not be able to achieve anything after a long time.
For those who do not have expertise or skills in trading can choose to be a holder, and it is safer than forcing themselves to service but do not have knowledge and experience.
Trading is not easy and it takes a long time to hone skills in order to be able to become an expert in trading.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
anybody would be scared of anything uncertain
if there is something we don’t know, we are most likely to make mistakes and lose our money it is not just trading even if it is just holding, someone who doesn’t know anything about crypto would be afraid to buy crypto even if it just to hold
Do you feel the same...or do you think this is NOT the right way to look at trading?
it is normal to feel afraid like i said but this fear should dissipate once you learn more about the topic at hand just take it of it as a challenge and not something to be scared about
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
anybody would be scared of anything uncertain
if there is something we don’t know, we are most likely to make mistakes and lose our money it is not just trading even if it is just holding, someone who doesn’t know anything about crypto would be afraid to buy crypto even if it just to hold
Do you feel the same...or do you think this is NOT the right way to look at trading?
it is normal to feel afraid like i said but this fear should dissipate once you learn more about the topic at hand just take it of it as a challenge and not something to be scared about
Simply put, if we lose in trading, that means there is something wrong with the analysis we did or the execution of the strategy we used in the trading analysis.
It is more worrying if you trade because you are not sure if you will get a good profit on the day you set up on the exchange where you will do trading activity.
And it's also inevitable that we won't lose because that's normal in ordinary trading in the crypto industry,
and with every mistake we all learn from that in the end, right?
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
anybody would be scared of anything uncertain
if there is something we don’t know, we are most likely to make mistakes and lose our money it is not just trading even if it is just holding, someone who doesn’t know anything about crypto would be afraid to buy crypto even if it just to hold
Do you feel the same...or do you think this is NOT the right way to look at trading?
it is normal to feel afraid like i said but this fear should dissipate once you learn more about the topic at hand just take it of it as a challenge and not something to be scared about
Simply put, if we lose in trading, that means there is something wrong with the analysis we did or the execution of the strategy we used in the trading analysis.
It is more worrying if you trade because you are not sure if you will get a good profit on the day you set up on the exchange where you will do trading activity.
And it's also inevitable that we won't lose because that's normal in ordinary trading in the crypto industry,
and with every mistake we all learn from that in the end, right?
In trading we do not always win sometimes we will also experience defeat when making the wrong strategy because of the analysis is not right, but it can be an experience and learning so that we must be more focused in making analysis and developing strategies. Trading is something that takes a long time to have the skills in making the right strategy.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Both trading and holding have their own unique risks. Trading involves the risk of short-term market fluctuations, while holding typically ties up capital for extended periods and might mean missing out if investors hold a token that doesn't pan out.
With the growth of the crypto market, BTC and ETH holders have often enjoyed both safety and profits over the long term. This can make holding seem easier than trading, but that's a misconception.
I believe that skilled traders have the knowledge to analyze and make informed decisions. The most important thing is that they're willing to cut their losses when necessary to preserve capital for future trading opportunities. As long as traders stick to their discipline, fear won't be a major factor, and they can approach trading as a relatively emotionless profession.
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As trading is very risky. So afraid in trading is normal things for anyone. So i want to avoid short trade. Now i am holding some coin and doing long trade. Long trade is less risky i think. Holding also risky buy it risk margin is very low.
So i Think if anyone afraid in trading he should Hold coin for long time. I think who will hold coin for long run he will be profitable today or tomorrow there has no doubt.
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Am not afraid of trading, but instead afraid of losing my financial asset when am not eligible to trade and lack all it takes, so many of the people who ran into trading eventually ran back because they couldn't withhold the heat and pressure experience from trading, that is why we mostly encourages that at least, one should start from somewhere first whenever they are interested to go into trade.
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There should be no fear of losing because things when done with fear are better not done and that's it, if you operate with fear you will simply be afraid all the time, you will not be able to overcome it if you lose, then you have to be more prepared to lose than to win, however with a good and solid knowledge about trading, plans, everything before operating you have to consider doing it in demo mode to see how it goes? At least a few days like that and see if it can really go well for us and risk or not with real money, that is what can remove the fear.
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everything before operating you have to consider doing it in demo mode to see how it goes? At least a few days like that and see if it can really go well for us and risk or not with real money, that is what can remove the fear.
To be fair real-life trading experience is not comparable to demo trading, especially the emotional part. It's tough to train how to manage your emotions if you only dabble in demo trading, so people always suggest trial and error for a while to get the knack of trading. Not a guarantee for success though.
That being said, the most common mistake is using the money you can't afford to lose. That sometimes amplifies your anxiety and makes you prone to more mistakes. I believe habit will help you overcome that too. When I first started lending or investing in start-ups some of them turned to failures, but nowadays I can approach things differently (it probably helps that I have more capital to spare too).
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
I am too; I once traded and had a worse experience. Trading is time-consuming, and you need enough funds to trade, and there's always a need to be one step forward, which you cannot do if you have a day job. Timing is also very important in trading, so ample time on your side is very important. I like the easy path I can still earn because Hodling is also profitable but not as profitable as gambling.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
I am too; I once traded and had a worse experience. Trading is time-consuming, and you need enough funds to trade, and there's always a need to be one step forward, which you cannot do if you have a day job. Timing is also very important in trading, so ample time on your side is very important. I like the easy path I can still earn because Hodling is also profitable but not as profitable as gambling.
I think that since trading cannot be taken as a full time job, and cannot be done by people who already has a job that must go out to work daily in a company. This is because there will be no time for you to learn and become a good trader. Trading is hard to make profit because you are in ths market filled with uncertainties and you are dealing with a high volatile assest that you can get liquidated at any time due to small mistakes.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
I am too; I once traded and had a worse experience. Trading is time-consuming, and you need enough funds to trade, and there's always a need to be one step forward, which you cannot do if you have a day job. Timing is also very important in trading, so ample time on your side is very important. I like the easy path I can still earn because Hodling is also profitable but not as profitable as gambling.
I think that since trading cannot be taken as a full time job, and cannot be done by people who already has a job that must go out to work daily in a company. This is because there will be no time for you to learn and become a good trader. Trading is hard to make profit because you are in ths market filled with uncertainties and you are dealing with a high volatile assest that you can get liquidated at any time due to small mistakes.
I do see some of my friends who do become that full time traders but of course this didnt really took a short period of time. It did take out years before they do able to have a good grasps into it.
They were once that 8-5 employees but due to that perseverance on becoming a trader then they did able to have that capability on becoming sustainable. Being afraid on trading just
because you dont like on losing money is really just that normal but on the time or moment that you've been seeing yourself having that kind of profits and able to sustain
despite of those loses then this do really shows that you are really that already doing well.
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Fear is a torment, needles to be afraid for a business you have a good knowledge and experiences, and knows the ups and downs of the market.
As we know, business is a pool of risk. There is no business on earth without profit/loss, and there no reason to fear with these awareness. Crypto markets is very volatile but i trade based on my experience knowing that i may loss if i panic sell,band if you sell below your entry positions, you have panic sold and the results is fear.
My advice to newbie is learning, asked vital questions from expert traders to get more exposure, experience and confidence. Read news, follow some market analyst to help understand market trends etc
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I am too; I once traded and had a worse experience. Trading is time-consuming, and you need enough funds to trade, and there's always a need to be one step forward, which you cannot do if you have a day job. Timing is also very important in trading, so ample time on your side is very important. I like the easy path I can still earn because Hodling is also profitable but not as profitable as gambling.
Unless you perform short-term trading or attempt to manage lots of assets at once, i don't see how people can't do trading while having trading job.
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Crypto enthusiasts are basically more of investors than traders due to the high risks involved in the trading.
It is also a technical factor that you would need to study on how to make profits and minimize losts or possibly stop losts but yet, there is still account of lost on the trades and again, it requires larger start up capital to afford the trading accessories including having enough money to buy more coins even when you are loosing.
The interesting side of trading is just the potential of making quick profit but reverse be the case that you can also account quick lost.
In investment, a basic knowledge to understand that you would have to hold patiently before you can make profit is always obtainable for investors and also, can decide on your accumulating strategies while still holding until you reaches your profit goals in due time.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Well it's all good to be afraid of what looks a kind of mysterious until you get the actual knowledge of it.
I also had this feeling at the beginning when I wanted to venture into trade... It was more like a gambling to me, so I was feeling I can't get lucky to win any...
Trading is all about getting to know how the Crypto market works or else you'll view it as a form of gambling. When you get a clear knowledge on trading, you'll see the fun behind it... Though it's obvious that no one knows it all but with the basic and intermediate knowledge.... Trading is fun and profit oriented.
Holding is what is most common amongst Crypto users. Even traders has some assets they place on hold since it's more safer and also profit oriented.
But it's still okay to try trading some assets since there's no harm in trying but I'll advise you to try when you've gotten at least the basic knowledge to avoid high percentage in loss.
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Fear is a torment, needles to be afraid for a business you have a good knowledge and experiences, and knows the ups and downs of the market.
As we know, business is a pool of risk. There is no business on earth without profit/loss, and there no reason to fear with these awareness. Crypto markets is very volatile but i trade based on my experience knowing that i may loss if i panic sell,band if you sell below your entry positions, you have panic sold and the results is fear.
My advice to newbie is learning, asked vital questions from expert traders to get more exposure, experience and confidence. Read news, follow some market analyst to help understand market trends etc
We don't need to be afraid of investing, because all investments have risks. And we must have good knowledge, experience and risk management skills. If we are always afraid to make decisions, we will be left behind and not take the opportunity to make a profit.
In life we are always faced with risks, so take the smallest risk according to our abilities.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Being honest to ourselves helps a lot in making us avoid some unnecessary risks we cannot handle. Trading does not only have to do with knowing how to read a chats, technical analysis and candles etc, you also need to be emotionally strong. When I was first introduced to cryptocurrency I tried trading, but I realised that the whole thing was affecting my emotions so I stopped trading and resolved to only hodl for the sake of my mental health.
I am not afraid of trading, I am only being cautious. Trading can be mentally exhausting and I acknowledge that fact. I'd rather hodl for long term than constantly worry about my trades.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Trading is much riskier than holding, a less experienced person can make money by holding but a less experienced person is not able to make money by trading although hypothetically two may make a profit in one trade but later he loses all the money without his knowledge. That's why I always say trading is a very risky system it's not easy to make money here. Moreover, holding can be done by anyone, there is not much risk in holding, due to which, if the holding is done properly and if proper maintenance is done, one can easily profit from it. I support your words, you have made many important points here. Especially the volatility of the market is the most feared because due to the volatility of the market people cannot take the right decision on the trading platform and without taking the right decision they trade on the basis of guesses as a result of which people lose the most in the volatility of the market.
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trading and holding both have risks, but many people choose to trade in the hope of making a profit every day so that there is income. and if we hold, of course our funds will remain frozen and there is no income every day so that we cannot rotate assets, it is very unfortunate if we spend our days sitting still and there is no income just waiting for the right time to sell it.
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We should not even attempt to trade when we are not sure of our own personal competency in it, this is all about profit or lose, we have to be intentional in what we do regarding trading because any of our decision is what can make us win or lose, trading is what we have to see as a profitable investment when we have enough ideas on how to trade and do it the right and expected ways for trading.
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I am not afraid of trading, I just do not care about it.. because I am not enticed by this profession with it's charts/indicators and with constant looking at positions. I do holding because I find it convenient — as long as the coin is good and I have bought at the right time, I know I'll be rewarded.
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I am not afraid of trading, I just do not care about it.. because I am not enticed by this profession with it's charts/indicators and with constant looking at positions. I do holding because I find it convenient — as long as the coin is good and I have bought at the right time, I know I'll be rewarded.
How can you find a right time when you will invest and it will be guaranteed for profit? I am not afraid of trading but I am afraid of certain situations like the current situation because of the American elections there is a lot of volatility in the market due to which the possibility of loss has increased. No market situation can be accurately predicted. Each time is taking a unique form. So trading now must be very risky. No one can trade without fear, no matter how professional the trader is, until the market returns to normal.
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I understand why you are careful with cryptocurrency trading and choose to hold your coins long term. It is good to know your limits and not trade without learning more. Many people agree with you preferring to hold and avoid making impulsive decisions or dealing with market ups and downs. Trading can work for those who know market well and have plan and manage risk. To feel more confident you could learn more about market trends and start with small trades and practice with demo trading and join online groups.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one. Do you feel the same...or do you think this is NOT the right way to look at trading?
Feelings like this are very natural, yes because after all, trading basically has a high risk, it's difficult and complex. That's why when people are careful and aware of the risks, there will definitely be their own worries if they are not ready, ready here not only financially but also emotionally and also the readiness of knowledge and skills. At least there must be a basic knowledge provision, so as not to do it blindly and only rely on luck. This is what often makes beginners experience big losses when trading, due to the lack or absence of preparation before trading.
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I am not afraid of trading, I just do not care about it.. because I am not enticed by this profession with it's charts/indicators and with constant looking at positions. I do holding because I find it convenient — as long as the coin is good and I have bought at the right time, I know I'll be rewarded.
For someone who is afraid of trading are to those people who do hate up on losing money, if you are really that not wanting on losing money then trading isnt something that you would be included on the options because you dont want to risks on losing money. This is where you could be able to see that there are people who do took up risks and there are ones who do skip or pass
because they cant be able to take up the risk and doesnt want on losing funds. So they do just let it slip in terms of the opportunity that it gives out. It would really be that up to you.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Like you, I'm also afraid of trading, but there's famous quote that states (non-verbatim) "The only way to conquer your fear is to face it."
I lost 3 times already in trading. I got liquidated 3 times already in futures and yet here I am doing trading for the 4th time, and although I experience losses in some of my trades, I already know how to accept it, and overall, I'm still in profit.
Being afraid in trading means you will not trade at all and you will rely on the capital appreciation of every cryptocurrency that you're holding. Now if you want to focus on long term then it's good to hold, but there are some investors who want to make some profit on a weekly or monthly basis hence, they are trading. As for me, I'm afraid to trade at first, but I want to make weekly profits into cryptocurrency hence, I'm trading yet again. Daily profits is almost impossible unless you're an expert so I'm trying to do weekly ones. :D
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I am not afraid of trading, I just do not care about it.. because I am not enticed by this profession with it's charts/indicators and with constant looking at positions. I do holding because I find it convenient — as long as the coin is good and I have bought at the right time, I know I'll be rewarded.
How can you find a right time when you will invest and it will be guaranteed for profit? I am not afraid of trading but I am afraid of certain situations like the current situation because of the American elections there is a lot of volatility in the market due to which the possibility of loss has increased. No market situation can be accurately predicted. Each time is taking a unique form. So trading now must be very risky. No one can trade without fear, no matter how professional the trader is, until the market returns to normal.
If I find price right in my mind I buy it — when there is bloodbath in market, that usually tends to be right time to buy. I think for long term, I do not mind holding for years, short term events do not matter to me. If coin bought plummets to zero, it doesn't matter to me either.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
I feel the same way because I don't know much about trading and I always think that if I do it, I'll lose a lot. I know this isn't good to say because if I put into practice it, I'll get used to it quickly, but I'm afraid because that won't stop me from reaching its risk, which is why I prefer holding because it's lesser risky than trading. The dangers of trading are what always scared people to choose holding, and despite your level of expertise in trading, you can never prevent losing.
When you invest, especially if you are a long-term holder, there is a guarantee of large returns, which is why it is common among crypto users, and trading isn't for me because I'm afraid of it risks.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
I agree totally with you that many people are actually afraid of trading because of risk factors involved as it can lead to lose of money due to the volatile nature of of crypto currency, when it comes to trading many factors comes to into play as your ability to read the movement of the market is key which has to do with your knowledge of trading these are some of the things that make people not to trade rather they only keep coins
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That being said, the most common mistake is using the money you can't afford to lose. That sometimes amplifies your anxiety and makes you prone to more mistakes. I believe habit will help you overcome that too. When I first started lending or investing in start-ups some of them turned to failures, but nowadays I can approach things differently (it probably helps that I have more capital to spare too).
When I started to do the strategy of only spending the money I am willing to lose, sometimes I skipped the rule and fell into what you say, into anxiety, into everything that can cause stress, pressure, all this affected me, but of course because I couldn't get the discipline, currently I do, but when I take higher risks than I can afford to lose sometimes when I'm tired I lose a lot of focus and do loose operations, in the air, and that makes me lose, and that is something that even though I control my money willing to lose, I consider that my error is trading for more than 40 minutes and not having clear operations.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
I agree totally with you that many people are actually afraid of trading because of risk factors involved as it can lead to lose of money due to the volatile nature of of crypto currency, when it comes to trading many factors comes to into play as your ability to read the movement of the market is key which has to do with your knowledge of trading these are some of the things that make people not to trade rather they only keep coins
holding is the easiest to do in crypto as long as an investor just buy BTC and wait for the bull run, he still could profit as much as they want. its always the bull that's the answer, its need time however the cycle needs time.
if you use the money you earn from campaigns i don't see why you will be afraid to trade when you can earn most of it again in time. but trading in spot market is way better than in futures market though. so its best to just stick to spot market til you learn and confident enough for leverage trading.
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That being said, the most common mistake is using the money you can't afford to lose. That sometimes amplifies your anxiety and makes you prone to more mistakes. I believe habit will help you overcome that too. When I first started lending or investing in start-ups some of them turned to failures, but nowadays I can approach things differently (it probably helps that I have more capital to spare too).
When I started to do the strategy of only spending the money I am willing to lose, sometimes I skipped the rule and fell into what you say, into anxiety, into everything that can cause stress, pressure, all this affected me, but of course because I couldn't get the discipline, currently I do, but when I take higher risks than I can afford to lose sometimes when I'm tired I lose a lot of focus and do loose operations, in the air, and that makes me lose, and that is something that even though I control my money willing to lose, I consider that my error is trading for more than 40 minutes and not having clear operations.
Emotional management is very much needed in DIC Rypto's trade because there are many things we must learn in Crypto trade. And we must always return to the initial plans and strategies if you experience anxiety in market changes. In trading we have to make an analysis and develop a strategy, although sometimes we change it because the crypto market conditions change but if we remain we can focus on reacting to it with a clear mind
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
I agree totally with you that many people are actually afraid of trading because of risk factors involved as it can lead to lose of money due to the volatile nature of of crypto currency, when it comes to trading many factors comes to into play as your ability to read the movement of the market is key which has to do with your knowledge of trading these are some of the things that make people not to trade rather they only keep coins
Indeed, Failure to trade on time may be occasioned by various factors, especially the high risk associated with cryptocurrency volatility. In dealing with these fluctuations of course it requires practica in attempts to read the market movement which for many is still a process of gamble.
However, one can decide to keep coins while gaining more knowledge of the market, which doesn’t make much sense. By doing so we remain open for getting potential profits while still practicing to feel more prepared for becoming more active traders one day.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
I agree totally with you that many people are actually afraid of trading because of risk factors involved as it can lead to lose of money due to the volatile nature of of crypto currency, when it comes to trading many factors comes to into play as your ability to read the movement of the market is key which has to do with your knowledge of trading these are some of the things that make people not to trade rather they only keep coins
holding is the easiest to do in crypto as long as an investor just buy BTC and wait for the bull run, he still could profit as much as they want. its always the bull that's the answer, its need time however the cycle needs time.
if you use the money you earn from campaigns i don't see why you will be afraid to trade when you can earn most of it again in time. but trading in spot market is way better than in futures market though. so its best to just stick to spot market til you learn and confident enough for leverage trading.
I agree with what you're saying, dude. There are many people who do that if we don't want problems or stress, and it's really appropriate to just hold and then wait for the bull run itself to rally the price value of Bitcoin. This is really the best.
Then there's nothing wrong with trading; as long as you know you'll get a profit, do it, but if you're not sure about yourself, don't force it; instead,
stick to holding bitcoin or other assets.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Well,I do get anxiety while trading and I guess that's normal.
Mainly because we are investors and literally,we don't wanna loose even though it's inevitable,we just don't wanna loose,I believe that's the way every investors mindset is focused on
Also,HODL is very common relating to your point of being almost risk free of losses.In the crypto space,we get many investors who HODL cause there's is a higher chance of earning more and being a bit risk free in that.I believe many if mot all investors are scared when making investments.
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Unless you perform short-term trading or attempt to manage lots of assets at once, i don't see how people can't do trading while having trading job.
When trading long term, the big advantage is being able to react when the market goes down, and that is something obvious, but in 1 minute trading there is nothing to do, accept whether you lose or win, that is something and the result is immediate, so sometimes you have to know what kind of trader you want to be because the strategy is different for each time frame, obviously I don't see safer trading in the medium and long term, but more insecure and dangerous trading is in 1 minute, but the results are immediate, I think a lot of people do long term trading to avoid waiting for negative results and to be able to react when the market goes against them.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Yes, currently what I do is more dominant in holding too, initially I was very interested in daily trading, but several times I tried and the results were indeed very unsatisfactory, so I gave up...
In my opinion, daily trading requires more time to learn all kinds of analysis... it really takes up my time if I am a worker in a company... while with holding, I can still get profit by just holding... my favorite coin is still Bitcoin and indeed it is better for me than having to do daily trading which is too risky.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Feel the same way, if you're not equipped with the right skills in trading you should be worried. Not all traders who have skills are profitable in their years of their journey because there is no 100% win rate. And it's win rate will be affected by its emotion. How much more if the person who really don't have a skills in trading is ask to trade? Normally, they feel fear. We can't expect for them that their capital will last no matter how confident he was, as long as they don't have the right skills they will still lose.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Feel the same way, if you're not equipped with the right skills in trading you should be worried. Not all traders who have skills are profitable in their years of their journey because there is no 100% win rate. And it's win rate will be affected by its emotion. How much more if the person who really don't have a skills in trading is ask to trade? Normally, they feel fear. We can't expect for them that their capital will last no matter how confident he was, as long as they don't have the right skills they will still lose.
There is something interesting when talking about fear. I will start by talking about beginners. Usually beginners come into trading without fear. Because they do not see or know the risks, their focus is on profit.
Well, it is different with people who already have extensive knowledge and also skills or experience. Even though they know how big the risk is, they can still suppress that fear, because in trading, fear is also one of the things that can make our analysis not run well.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Feel the same way, if you're not equipped with the right skills in trading you should be worried. Not all traders who have skills are profitable in their years of their journey because there is no 100% win rate. And it's win rate will be affected by its emotion. How much more if the person who really don't have a skills in trading is ask to trade? Normally, they feel fear. We can't expect for them that their capital will last no matter how confident he was, as long as they don't have the right skills they will still lose.
There is something interesting when talking about fear. I will start by talking about beginners. Usually beginners come into trading without fear. Because they do not see or know the risks, their focus is on profit.
Well, it is different with people who already have extensive knowledge and also skills or experience. Even though they know how big the risk is, they can still suppress that fear, because in trading, fear is also one of the things that can make our analysis not run well.
The first time I learned trading through joining mentorship programs, I feel like trading is easy because I understand really well the strategy that they give me. I thought that as long as you can see the setup in the market you can make an entry but it's wrong, sometimes you are only mistaken by your own emotion that makes you feel you see a setup. Profitable traders, they have so much experience in trading and they can handle really well their emotions, they know that their losses are normal.
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Unless you perform short-term trading or attempt to manage lots of assets at once, i don't see how people can't do trading while having trading job.
When trading long term, the big advantage is being able to react when the market goes down, and that is something obvious, but in 1 minute trading there is nothing to do, accept whether you lose or win, that is something and the result is immediate, so sometimes you have to know what kind of trader you want to be because the strategy is different for each time frame, obviously I don't see safer trading in the medium and long term, but more insecure and dangerous trading is in 1 minute, but the results are immediate, I think a lot of people do long term trading to avoid waiting for negative results and to be able to react when the market goes against them.
To get good results from trading we must trade for long term. To be an experienced trader we must gain good experience about the market. If one prepares for trading without experience he will never be successful. So I think from trading To be successful we must be experienced traders. If we invest time in short term then we cannot do well we must invest time in long term to do well.
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Unless you perform short-term trading or attempt to manage lots of assets at once, i don't see how people can't do trading while having trading job.
When trading long term, the big advantage is being able to react when the market goes down, and that is something obvious, but in 1 minute trading there is nothing to do, accept whether you lose or win, that is something and the result is immediate, so sometimes you have to know what kind of trader you want to be because the strategy is different for each time frame, obviously I don't see safer trading in the medium and long term, but more insecure and dangerous trading is in 1 minute, but the results are immediate, I think a lot of people do long term trading to avoid waiting for negative results and to be able to react when the market goes against them.
To get good results from trading we must trade for long term. To be an experienced trader we must gain good experience about the market. If one prepares for trading without experience he will never be successful. So I think from trading To be successful we must be experienced traders. If we invest time in short term then we cannot do well we must invest time in long term to do well.
Newbies don't get the truths that you spoke out, usually, and they lose their depos like fresh cakes.. A person should stay responsible on the market and keep his goals in mind, both in trading and investing.
Of course, it's better just to invest, not to try and trade - but there won't be as much potential that way.
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The first time I learned trading through joining mentorship programs, I feel like trading is easy because I understand really well the strategy that they give me. I thought that as long as you can see the setup in the market you can make an entry but it's wrong, sometimes you are only mistaken by your own emotion that makes you feel you see a setup. Profitable traders, they have so much experience in trading and they can handle really well their emotions, they know that their losses are normal.
The theory is one thing, and the practice - is another.
Sure, even experienced traders do have losses, that's natural - it's how they handle such losses that makes them the way they are. They adapt, change tactics, and never give up. Also, the do risk management on the sessions properly.
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There is something interesting when talking about fear. I will start by talking about beginners. Usually beginners come into trading without fear. Because they do not see or know the risks, their focus is on profit.
Well, it is different with people who already have extensive knowledge and also skills or experience. Even though they know how big the risk is, they can still suppress that fear, because in trading, fear is also one of the things that can make our analysis not run well.
The first time I learned trading through joining mentorship programs, I feel like trading is easy because I understand really well the strategy that they give me. I thought that as long as you can see the setup in the market you can make an entry but it's wrong, sometimes you are only mistaken by your own emotion that makes you feel you see a setup. Profitable traders, they have so much experience in trading and they can handle really well their emotions, they know that their losses are normal.
It is very natural that at first we think trading is easy when we first get to know or learn about trading. Because usually we will learn about the theory first, and to be honest it looks much easier.
However, after we trade directly, we will begin to realize that everything is not as easy as we imagine or what we have learned before. In practice, everything is more complicated, especially since it also involves emotions.
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Emotional management is very much needed in DIC Rypto's trade because there are many things we must learn in Crypto trade.
What is DIC Rypto? :-\
Emotional management is surely needed, it is actually the basic thing.
If a trader can't control his/her emotion, there is no way to succeed in trading.
And we must always return to the initial plans and strategies if you experience anxiety in market changes.
It is not a must to stick in the initial plan, specifically in trading. I think this idea will fit for investment.
IMO, trading is more conditional. Since we are expected to get fast profits in trading, we must use any way to fulfill it. It includes changing the plan/strategy.
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There is something interesting when talking about fear. I will start by talking about beginners. Usually beginners come into trading without fear. Because they do not see or know the risks, their focus is on profit.
Well, it is different with people who already have extensive knowledge and also skills or experience. Even though they know how big the risk is, they can still suppress that fear, because in trading, fear is also one of the things that can make our analysis not run well.
The first time I learned trading through joining mentorship programs, I feel like trading is easy because I understand really well the strategy that they give me. I thought that as long as you can see the setup in the market you can make an entry but it's wrong, sometimes you are only mistaken by your own emotion that makes you feel you see a setup. Profitable traders, they have so much experience in trading and they can handle really well their emotions, they know that their losses are normal.
It is very natural that at first we think trading is easy when we first get to know or learn about trading. Because usually we will learn about the theory first, and to be honest it looks much easier.
However, after we trade directly, we will begin to realize that everything is not as easy as we imagine or what we have learned before. In practice, everything is more complicated, especially since it also involves emotions.
First impressions doesnt really always on the spot on which we do usually be able to have those bad ones because we do believe that things are really that too easy. There are those individuals
that might not be able to bare up something and there are ones who could be able to handle it out. There will really be those people who do have those high expectations into something.
Trading is difficult and something a skill that you cant be able to obtain in a short period of time. This is why its really that important that you do really know on what you are doing
and having those actions on which it will really be that getting in line on what you do know and act sensibly towards things.
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Yes, I am afraid of short-term trading, and that why I do the long-term trading or holding bitcoin. As I said that I am afraid of short-term trading because I do really have very few knowledge about the analysis and that is the main reason for that. I think the analysis knowledge and experience I have what I can do is only holding or invest on for long-term on bitcoin or any others top altcoins like the BNB, Ethereum, TON.
And currently I am doing bitcoin adoption by DCA method.
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There is something interesting when talking about fear. I will start by talking about beginners. Usually beginners come into trading without fear. Because they do not see or know the risks, their focus is on profit.
Well, it is different with people who already have extensive knowledge and also skills or experience. Even though they know how big the risk is, they can still suppress that fear, because in trading, fear is also one of the things that can make our analysis not run well.
The first time I learned trading through joining mentorship programs, I feel like trading is easy because I understand really well the strategy that they give me. I thought that as long as you can see the setup in the market you can make an entry but it's wrong, sometimes you are only mistaken by your own emotion that makes you feel you see a setup. Profitable traders, they have so much experience in trading and they can handle really well their emotions, they know that their losses are normal.
It is very natural that at first we think trading is easy when we first get to know or learn about trading. Because usually we will learn about the theory first, and to be honest it looks much easier.
However, after we trade directly, we will begin to realize that everything is not as easy as we imagine or what we have learned before. In practice, everything is more complicated, especially since it also involves emotions.
That's the hard truth in trading. We are here in crypto by trading to earn money in easy way just by making a trades but in reality trading is one of the hardest way of making money. I agree, to be a good trader it needs a skill, if you don't have this you are just wasting your money and time. I believe also that trading is not for everyone, in the sense that not all people can handle things, there are people who really have emotional issues, and I'm consider them as one of the people who is not for trading.
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First impressions doesnt really always on the spot on which we do usually be able to have those bad ones because we do believe that things are really that too easy. There are those individuals
that might not be able to bare up something and there are ones who could be able to handle it out. There will really be those people who do have those high expectations into something.
Trading is difficult and something a skill that you cant be able to obtain in a short period of time. This is why its really that important that you do really know on what you are doing
and having those actions on which it will really be that getting in line on what you do know and act sensibly towards things.
You are right first impressions can be wrong. We mostly think things are easier than they are. Trading is especially hard and requires practice and experience. Some people struggle with trading pressure while others handle it well. Having high hopes can lead to disappointment. To succeed understand what you are doing and be smart. This means set achievable goals and plan your trades carefully and also manage risks and at last keep learning. By knowing challenges and being thoughtful you will have better chance of succeeding in trading.
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It is very natural that at first we think trading is easy when we first get to know or learn about trading. Because usually we will learn about the theory first, and to be honest it looks much easier.
However, after we trade directly, we will begin to realize that everything is not as easy as we imagine or what we have learned before. In practice, everything is more complicated, especially since it also involves emotions.
That's the hard truth in trading. We are here in crypto by trading to earn money in easy way just by making a trades but in reality trading is one of the hardest way of making money. I agree, to be a good trader it needs a skill, if you don't have this you are just wasting your money and time. I believe also that trading is not for everyone, in the sense that not all people can handle things, there are people who really have emotional issues, and I'm consider them as one of the people who is not for trading.
I also think the same as you, maybe everyone can enter trading, but not everyone can be suitable for trading because of one thing or another, one example is emotion.
Everyone has a different level of emotion, and everyone also has a difference in controlling those emotions. When someone has high emotions and they can't control it, then trading is not suitable for them. Not to judge, but at least it's not suitable until they can control their emotions.
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It is very natural that at first we think trading is easy when we first get to know or learn about trading. Because usually we will learn about the theory first, and to be honest it looks much easier.
However, after we trade directly, we will begin to realize that everything is not as easy as we imagine or what we have learned before. In practice, everything is more complicated, especially since it also involves emotions.
That's the hard truth in trading. We are here in crypto by trading to earn money in easy way just by making a trades but in reality trading is one of the hardest way of making money. I agree, to be a good trader it needs a skill, if you don't have this you are just wasting your money and time. I believe also that trading is not for everyone, in the sense that not all people can handle things, there are people who really have emotional issues, and I'm consider them as one of the people who is not for trading.
I also think the same as you, maybe everyone can enter trading, but not everyone can be suitable for trading because of one thing or another, one example is emotion.
Everyone has a different level of emotion, and everyone also has a difference in controlling those emotions. When someone has high emotions and they can't control it, then trading is not suitable for them. Not to judge, but at least it's not suitable until they can control their emotions.
You are right everyone can enter trading, but not everyone can succeed in trading. Trading requires good emotional control, proper analysis and proper risk management.
I am also not a great trader, just taking advantage of the market when it is green and good at trading.
Maybe there are many professional traders here, but I don't have much time to learn to become a professional trader.
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I also think the same as you, maybe everyone can enter trading, but not everyone can be suitable for trading because of one thing or another, one example is emotion.
Everyone has a different level of emotion, and everyone also has a difference in controlling those emotions. When someone has high emotions and they can't control it, then trading is not suitable for them. Not to judge, but at least it's not suitable until they can control their emotions.
You are right everyone can enter trading, but not everyone can succeed in trading. Trading requires good emotional control, proper analysis and proper risk management.
I am also not a great trader, just taking advantage of the market when it is green and good at trading.
Maybe there are many professional traders here, but I don't have much time to learn to become a professional trader.
Yes, I am not a great trader either, but I try to use my little knowledge in the market and do trading. The results are not always good, sometimes I feel the benefits and I also feel the losses.
However, with all the limitations of knowledge and skills, I continue to learn to improve my trading skills, one of which is I always learn from experience, it really helps my journey in trading.
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It is very natural that at first we think trading is easy when we first get to know or learn about trading. Because usually we will learn about the theory first, and to be honest it looks much easier.
However, after we trade directly, we will begin to realize that everything is not as easy as we imagine or what we have learned before. In practice, everything is more complicated, especially since it also involves emotions.
That's the hard truth in trading. We are here in crypto by trading to earn money in easy way just by making a trades but in reality trading is one of the hardest way of making money. I agree, to be a good trader it needs a skill, if you don't have this you are just wasting your money and time. I believe also that trading is not for everyone, in the sense that not all people can handle things, there are people who really have emotional issues, and I'm consider them as one of the people who is not for trading.
I also think the same as you, maybe everyone can enter trading, but not everyone can be suitable for trading because of one thing or another, one example is emotion.
Everyone has a different level of emotion, and everyone also has a difference in controlling those emotions. When someone has high emotions and they can't control it, then trading is not suitable for them. Not to judge, but at least it's not suitable until they can control their emotions.
You are right everyone can enter trading, but not everyone can succeed in trading. Trading requires good emotional control, proper analysis and proper risk management.
I am also not a great trader, just taking advantage of the market when it is green and good at trading.
Maybe there are many professional traders here, but I don't have much time to learn to become a professional trader.
That's true. You can only say a person have a potential in trading if he can make wins in trading. There are traders who really never make a straight win when they first enter the market, and I think they are one who needs to learn more or maybe trading is not for them. Indeed, not only the emotional stability that you need to monitor, also you have to apply a proper risk management. I have heard in some mentors that if you didn't apply your risk management you can't survive in the long run.
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Emotional management is very much needed in DIC Rypto's trade because there are many things we must learn in Crypto trade. And we must always return to the initial plans and strategies if you experience anxiety in market changes. In trading we have to make an analysis and develop a strategy, although sometimes we change it because the crypto market conditions change but if we remain we can focus on reacting to it with a clear mind
You're right, I personally consider anxiety to be one of the worst enemies of trading, it happens to me, I can have the best capital management because I lose what I am willing to lose, but nevertheless I am not entirely well because I have lost due to things that I should not lose, the fact is that despite the fact that many things are controlled, concentration and anxiety are something that personally affects me , so given these things I must fix this so that it does not happen to me again, that is why when we are looking for the best way to operate we must consider everything, even the small details.
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Emotional management is very much needed in DIC Rypto's trade because there are many things we must learn in Crypto trade. And we must always return to the initial plans and strategies if you experience anxiety in market changes. In trading we have to make an analysis and develop a strategy, although sometimes we change it because the crypto market conditions change but if we remain we can focus on reacting to it with a clear mind
You're right, I personally consider anxiety to be one of the worst enemies of trading, it happens to me, I can have the best capital management because I lose what I am willing to lose, but nevertheless I am not entirely well because I have lost due to things that I should not lose, the fact is that despite the fact that many things are controlled, concentration and anxiety are something that personally affects me , so given these things I must fix this so that it does not happen to me again, that is why when we are looking for the best way to operate we must consider everything, even the small details.
Yes, anxiety will always be there, and it is a bad emotion, especially if it still happens to people who have invested in bitcoin for a long time. Control your emotions and always stay calm so that we can think of the right strategy using a clear mind.
In investing in crypto, we will always be faced with a very volatile crypto market, I am also sometimes anxious and a little panicked, but remembering my past journey, I was finally able to control my emotions and patiently wait for the market to improve again.
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Yes, I am not a great trader either, but I try to use my little knowledge in the market and do trading. The results are not always good, sometimes I feel the benefits and I also feel the losses.
No people will say they are experts or great traders. I'm sure you are good trader, but you keep humble. ;)
Sure, we always use our skills, knowledge, and experience in trading. It is the way to get optimum results in trading. We must expect profits, so it is the only way to make it to come true.
However, with all the limitations of knowledge and skills, I continue to learn to improve my trading skills, one of which is I always learn from experience, it really helps my journey in trading.
Even a professional trader, expert, or great trader will always keep learning. Keeping learning is a must, we always need more and more knowledge to improve about ability in trading.
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Yes, anxiety will always be there, and it is a bad emotion, especially if it still happens to people who have invested in bitcoin for a long time. Control your emotions and always stay calm so that we can think of the right strategy using a clear mind.
In investing in crypto, we will always be faced with a very volatile crypto market, I am also sometimes anxious and a little panicked, but remembering my past journey, I was finally able to control my emotions and patiently wait for the market to improve again.
Having a high level of anxiety and not being able to control emotions, this is complete enough to make our trading quite messy, because self-control and management are indeed that important when trading, we cannot be too forceful with what happens around us when we see many people succeeding from trading but we are not. yes because the main factor is in ourselves. because we still like to worry excessively, are easily carried away by unstable emotions, and have not been able to control ourselves, especially easily panic, this is bad for traders with conditions like this. while trading is a high-risk thing, so the possibility of losing can also be higher. that's why before trading it's a good idea to learn first and if you haven't been able to be that optimal in preparing for trading, don't rush.
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To get good results from trading we must trade for long term. To be an experienced trader we must gain good experience about the market. If one prepares for trading without experience he will never be successful. So I think from trading To be successful we must be experienced traders. If we invest time in short term then we cannot do well we must invest time in long term to do well.
What happens is very simple, when we operate in the market in the long term, the operations and the fundamentals are safer, it is simpler because in the long term a particular movement is expected to happen, the temporality helps a lot, when operating in 1 minute everything is more volatile, certain fundamentals work more that in the long term do not, things are faster and of course the operations are less certain, but what I like is that the results are immediate and that is a good thing, of course I have done long term trading and it is great, but I am learning more and more how the market is in this small period of time to see if I can win that way too..
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Emotional management is very much needed in DIC Rypto's trade because there are many things we must learn in Crypto trade. And we must always return to the initial plans and strategies if you experience anxiety in market changes. In trading we have to make an analysis and develop a strategy, although sometimes we change it because the crypto market conditions change but if we remain we can focus on reacting to it with a clear mind
You're right, I personally consider anxiety to be one of the worst enemies of trading, it happens to me, I can have the best capital management because I lose what I am willing to lose, but nevertheless I am not entirely well because I have lost due to things that I should not lose, the fact is that despite the fact that many things are controlled, concentration and anxiety are something that personally affects me , so given these things I must fix this so that it does not happen to me again, that is why when we are looking for the best way to operate we must consider everything, even the small details.
Yes, anxiety will always be there, and it is a bad emotion, especially if it still happens to people who have invested in bitcoin for a long time. Control your emotions and always stay calm so that we can think of the right strategy using a clear mind.
In investing in crypto, we will always be faced with a very volatile crypto market, I am also sometimes anxious and a little panicked, but remembering my past journey, I was finally able to control my emotions and patiently wait for the market to improve again.
We must have patience to invest. If we can't be patient after investing, then we can't expect to get profit from investing. By investing in Bitcoin, I have regained a lot of confidence in my investment. Maybe I got something good to hold for a long time. Bitcoin is worth so much. It will increase more which is beyond imagination those who managed to hold bitcoins are now getting good amount of profit. Sometimes we need to find good coins to invest if we can't find any good coins to invest then why do we spend long time. Even if you wait for years, you will not get profit.
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We must have patience to invest. If we can't be patient after investing, then we can't expect to get profit from investing. By investing in Bitcoin, I have regained a lot of confidence in my investment. Maybe I got something good to hold for a long time. Bitcoin is worth so much. It will increase more which is beyond imagination those who managed to hold bitcoins are now getting good amount of profit. Sometimes we need to find good coins to invest if we can't find any good coins to invest then why do we spend long time. Even if you wait for years, you will not get profit.
This is the most important think while you are doing the trading most of us we think that only about the trading analysis but this is also a main thing to understand yes I am saying about the trading physiology we must learn the psychological game behind the trading and analysis and this if we applied both we will definitely success.
And here patient is the key to success so when we will see the fud on the market we should claim down and stay on the strategy not with the effect of the FUD(fear, uncertainty, and doubt") so that we will able to have some profit from trading.
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Yes, I am not a great trader either, but I try to use my little knowledge in the market and do trading. The results are not always good, sometimes I feel the benefits and I also feel the losses.
No people will say they are experts or great traders. I'm sure you are good trader, but you keep humble. ;)
Sure, we always use our skills, knowledge, and experience in trading. It is the way to get optimum results in trading. We must expect profits, so it is the only way to make it to come true.
However, with all the limitations of knowledge and skills, I continue to learn to improve my trading skills, one of which is I always learn from experience, it really helps my journey in trading.
Even a professional trader, expert, or great trader will always keep learning. Keeping learning is a must, we always need more and more knowledge to improve about ability in trading.
That is why we must continue to seek new knowledge, no matter how much we understand, we must continue to deepen our knowledge by learning from new things.
Especially in this crypto space, new things continue to emerge, and we cannot stagnate, if we do that, then we will be far behind what we should be. We must empty ourselves, I mean we must not be satisfied with what we have.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
This is the right way to look at the trading and trading is not easy we need experience and knowledge and understand of many things and have to remember some signs if we want to read the candles then we can be certain about profit and loss.
I also want to do holding not trading because holding is easy and not time consuming we can do buying in parts and can sell anytime we want. We own the coin unlike future trading we don't own the coin even but just a contract and with time we face pressure of lose too.
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hold means you want to hold crypto for long term and get profit after certain period of time. On the other hand, trading is a strategy with higher returns than its opposite and you will see small and large profits from trading every day. But our thorough exploration of both strategies will illuminate which strategy can pave the way for your financial success. You only need to practice and you can hold crypto if you want and continue trading as well. It is good to have experience in all aspects to survive in crypto in order to earn significant profits and deal with risks.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
This is true about most traders, they don’t really get most of their money through trading. They get the start up capital to be invested in most of this coins through trading and not really from trading at all. Not all traders do it this way, but majority of them that are still battling with fear of losing all and the emotional breakdown that comes from it don’t risk too much on trading than they do on hodling on to those coins. It is better for them if they know and they’re not even feeling bad about not been called a more professional trader since they’re making money from it.
Do you feel the same...or do you think this is NOT the right way to look at trading?
It is okay to look at it like that, most of the successful traders today must have looked into it like this in the past and were able to not feel the same way again after they were able to understand the concept of trading and became successful at it. The truth it, you’ll always feel it this way until you become successful at it which can only be possible when you try it out and be serious about achieving it not matter the challenges you’ll face to get them right.
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hold means you want to hold crypto for long term and get profit after certain period of time. On the other hand, trading is a strategy with higher returns than its opposite and you will see small and large profits from trading every day. But our thorough exploration of both strategies will illuminate which strategy can pave the way for your financial success. You only need to practice and you can hold crypto if you want and continue trading as well. It is good to have experience in all aspects to survive in crypto in order to earn significant profits and deal with risks.
Long term hold is also good to do but if you have the ability in trading we should be able to choose trading to get profit consistently. but becoming a trader is not easy because it takes experience and skills.
I do long term hold for bitcoin, solana and BNB. besides that I also trade on some potential altcoins.
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Trading is highly risky in crypto currency as we seeon anytime crypto can pump hard and dump accordingly as trader to manage the emotions with trade looks to hard as my experience.
If trader can manager their fund with strict stop loss and right entry instead of FOMO can earn good amount of money but it's also about to risk management bcz heavy quantity can not give you highly profit it's ruined your capital to.
So in trading risk management and position size is everything.
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Trading is highly risky in crypto currency as we seeon anytime crypto can pump hard and dump accordingly as trader to manage the emotions with trade looks to hard as my experience.
If trader can manager their fund with strict stop loss and right entry instead of FOMO can earn good amount of money but it's also about to risk management bcz heavy quantity can not give you highly profit it's ruined your capital to.
So in tra
In trading we must have good skills in making strategies, analysis and plans that will be carried out, besides that proper risk management must be carried out in trading. Trading is indeed risky but for those who already have knowledge and experience they can trade well and get consistent profits. So being great at trading requires a process and sacrifice of time and capital.ding risk management and position size is everything.
We must always learn and practice, do not feel satisfied and feel that you already know everything because knowledge and science must be updated. I also always learn and read other people's experiences and strategies for investing and trading. because we will become professional traders if we have knowledge that is always updated.
Never stop learning
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Newbies don't get the truths that you spoke out, usually, and they lose their depos like fresh cakes.. A person should stay responsible on the market and keep his goals in mind, both in trading and investing.
Of course, it's better just to invest, not to try and trade - but there won't be as much potential that way.
Well it also depends on the nature of the person, if the person is patient and likes to wait and get results, then without a doubt long-term investment is better, it is the most common there is, but if it is a person who is impatient, who is constantly monitoring the market, it is best to try market speculation, as long as you venture first with play money because with play money things are different, while with real money it is more serious, because if you lose your balance and burn through the account then you will feel bad, although if that happens you should not give up at all.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
holding may be right for coins that are in the top 10 so that we have a target for when we are ready to sell profit and loss should already be in mind, if we trade we must think about the risks that will be faced, such as coins will stop when experiencing a long decline, so that our capital is held back for further trading, so that with the incidents including those I mentioned, capital is held back for a long time, which often makes me afraid to become a trader in crypto, it is better for me to just hold the coins and sell when the target price has been reached
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hold means you want to hold crypto for long term and get profit after certain period of time. On the other hand, trading is a strategy with higher returns than its opposite and you will see small and large profits from trading every day. But our thorough exploration of both strategies will illuminate which strategy can pave the way for your financial success. You only need to practice and you can hold crypto if you want and continue trading as well. It is good to have experience in all aspects to survive in crypto in order to earn significant profits and deal with risks.
That's good advice I would also suggest the same, if you have enough funds then invest %25 or 5-% for holding and other half for trading. At the end of the cycle see which strategy made you more profit. I can tell one thing that trading will surely make you more profit if you do it wisely and with proper research, even if you buy someone's vip group (considering the person is good and his trades accuracy is good) you will definitely make more profit in trading than investment.
I invest in BTC and whenever I come to see a good opportunity in alts I trade but unfortunately due to some FOMO and FUD I sometimes make bad decisions as I don't want to openly share my weakness haha but I think a lot haha.
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As we see history the investor make money from holding instead of trading and it is true trader can make money today but day after Tomorrow will get loss high compare to profit and accordingly capital decrease.
So be investor and tention free life.
There is no trades or investments without a profit or lost outcomes at certain periods. Loses on trades/investments also depends on certain factors like emotion, inexperience, greed etc.
It is important to note that your trade/investment positions remains on the crypto market till you make a decision to either leave or closed your positions.Therefore, it is practically when you have closed your trading/investments positions that it may be considered to be on a profit or loss outcomes.
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There is no trades or investments without a profit or lost outcomes at certain periods. Loses on trades/investments also depends on certain factors like emotion, inexperience, greed etc.
It is important to note that your trade/investment positions remains on the crypto market till you make a decision to either leave or closed your positions.Therefore, it is practically when you have closed your trading/investments positions that it may be considered to be on a profit or loss outcomes.
It is very true, it is very different when we operate at 1 minute, because at 1 minute it is not worth leaving anything but being aware, now when it is medium and long term trading things change a lot and we can react the more long term the operations are found, I think that each season has its cons and its pros, but in the case that we are in an operation that we know that it is going to go against and that there is no turning back and I recommend cutting it at once and not holding out hope, it is only better, now if you are winning then extend the profit.
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As we see history the investor make money from holding instead of trading and it is true trader can make money today but day after Tomorrow will get loss high compare to profit and accordingly capital decrease.
So be investor and tention free life.
Traders are pron to make losses but mind you, there are strategies in trading where a trader learns to reduce losses and maximize profits where comes in the strategy of TP and SL. A trader can be able to make x50 profit in a one day trade if speculation/predictions are correct.
It all boils down to the knowledge capacity of the trader in comprehending the market trends and candlesticks pattern and perfectly speculating a good entry/exit position into the market.
On the other hand, Investors are there to wait for a price increase before making profits simply illustrating that if the market is facing a long time bearish season they just have to wait and suffer possible drop down in price till market recovery and corresponding bull run.
In conclusion both are good ways to make profits in the crypto world; where the Investors are there to exercise patience till price appreciates, the traders are there to acquire the perfect knowledge on how to speculate a trade correctly.
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hold means you want to hold crypto for long term and get profit after certain period of time. On the other hand, trading is a strategy with higher returns than its opposite and you will see small and large profits from trading every day. But our thorough exploration of both strategies will illuminate which strategy can pave the way for your financial success. You only need to practice and you can hold crypto if you want and continue trading as well. It is good to have experience in all aspects to survive in crypto in order to earn significant profits and deal with risks.
Long term hold is also good to do but if you have the ability in trading we should be able to choose trading to get profit consistently. but becoming a trader is not easy because it takes experience and skills.
I do long term hold for bitcoin, solana and BNB. besides that I also trade on some potential altcoins.
I always like to hold the best altcoins including bitcoin because these coins will not let us down our mind. But for those who want to profit from crypto daily, trading is the best way. As many people express a feeling of fear about trading, researching trading on a regular basis can lead to success. Profit from crypto takes a lot of experience so we should do enough practice with crypto before investing money.
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I always like to hold the best altcoins including bitcoin because these coins will not let us down our mind. But for those who want to profit from crypto daily, trading is the best way. As many people express a feeling of fear about trading, researching trading on a regular basis can lead to success. Profit from crypto takes a lot of experience so we should do enough practice with crypto before investing money.
Deciding to capitalise on the opportunities of altcoins and bitcoin is a future-oriented decision if one believes into this technology. Although day trading is a strategy in the traditional market, when it comes to practise in the crypto market, the highly unstable price fluctuation becomes a boon and a bane. Risk thus has to be managed by making certain that all decisions leading to those risks are well informed and that the necessary strategies to attain the goals have been well considered. All this means that relying on feelings or heeding the directions of the now popular trend can play into the opponent’s hands.
Hence, you cannot be allowed to ignore learning and practising when managing your crypto investments. There is potential of expanding our knowledge on the given market through the use of analytical tools as well as resources. Attention to patterns, careful price analysis, and studying other people’s cases will make us more confident in making decisions. Thus, we not only control risk with a greater degree of efficiency but also create more favourable conditions for stabilisation of performance.
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Well it also depends on the nature of the person, if the person is patient and likes to wait and get results, then without a doubt long-term investment is better, it is the most common there is, but if it is a person who is impatient, who is constantly monitoring the market, it is best to try market speculation, as long as you venture first with play money because with play money things are different, while with real money it is more serious, because if you lose your balance and burn through the account then you will feel bad, although if that happens you should not give up at all.
Yes, it is undeniable that personality is quite influential on our actions in the cryptocurrency world. Sometimes, some people here are used to being more patient in dealing with everything in real life, can control emotions and manage them very well, are used to doing things with wise decisions and calculations, then that will be a very good capital. especially if there is an effort and also a continuous and significant learning process in the crypto world, then it will be quite complete and good for traders or investors to start moving faster in the crypto world.
Someone who is serious and mature with full preparation, and smart in understanding the situation and in the learning process, will be easier to adapt to what is experienced when trading. This may still not be easy, but at least, not easily panicking is also one of the first things to be able to control yourself much wiser. Because trading always requires risk, high risks, and we already understand it very well.
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Someone who is serious and mature with full preparation, and smart in understanding the situation and in the learning process, will be easier to adapt to what is experienced when trading. This may still not be easy, but at least, not easily panicking is also one of the first things to be able to control yourself much wiser. Because trading always requires risk, high risks, and we already understand it very well.
Indeed, thorough preparation will make someone avoid panic, because they already know the risks, so they can be calm because they allocate money that is very ready to lose.
This is closely related to our psychology, and indeed in trading psychology will be one of the factors that is very important. So I agree with you that we must prepare it thoroughly before really jumping in.
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It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.
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We must have patience to invest. If we can't be patient after investing, then we can't expect to get profit from investing. By investing in Bitcoin, I have regained a lot of confidence in my investment. Maybe I got something good to hold for a long time. Bitcoin is worth so much. It will increase more which is beyond imagination those who managed to hold bitcoins are now getting good amount of profit. Sometimes we need to find good coins to invest if we can't find any good coins to invest then why do we spend long time. Even if you wait for years, you will not get profit.
Some people can't hold on to their alts for long when investing in them, it's difficult because the situation differs from many, the needs and everything that has to do with economic things, some have had alts for many years, I have a friend who has kept some tokens since 2017 and he hopes that it will grow again, the truth is I told him that that was not going to happen, if after a big aath for that token that will not come back, it is better to invest in btc which is the safest, of course that does not mean that alts, all tokens are like that, but they tend to be more difficult to get out of, I would say that you have to be very lucky to profit, on the other hand with btc everything is safe.
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It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.
Exactly. It is not a sin, it is normal if people feel afraid of potential losses. However, we won't experience big losses if we use small funds/capital. That's why it is recommended to use small funds if you are beginners/newbies. If you use small funds, you will never experience big/huge losses. You can use bigger funds when you have been confident as a professional trader/investor.
By the way, investing and trading have their own risks. But if we have proper knowledge, we actually can avoid the losses. We must apply effective strategy when we do trading or investing. So, we have no reason to feel afraid anymore. ;)
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Well it also depends on the nature of the person, if the person is patient and likes to wait and get results, then without a doubt long-term investment is better, it is the most common there is, but if it is a person who is impatient, who is constantly monitoring the market, it is best to try market speculation, as long as you venture first with play money because with play money things are different, while with real money it is more serious, because if you lose your balance and burn through the account then you will feel bad, although if that happens you should not give up at all.
Yes, it is undeniable that personality is quite influential on our actions in the cryptocurrency world. Sometimes, some people here are used to being more patient in dealing with everything in real life, can control emotions and manage them very well, are used to doing things with wise decisions and calculations, then that will be a very good capital. especially if there is an effort and also a continuous and significant learning process in the crypto world, then it will be quite complete and good for traders or investors to start moving faster in the crypto world.
Someone who is serious and mature with full preparation, and smart in understanding the situation and in the learning process, will be easier to adapt to what is experienced when trading. This may still not be easy, but at least, not easily panicking is also one of the first things to be able to control yourself much wiser. Because trading always requires risk, high risks, and we already understand it very well.
In as much as this is correct, our character/attitude plays a big role in the decision-making process in the happenings of any activity involving the use of crypto. If in certain situations we can learn how to become calm then, it will be very effective to lower down those decisions that come out of impulse alone. This is why it’s crucial for us to learn more about the market and all the events taking place there, so that actions are taken relying on data and knowledge rather than intuition. Endurance in studying and training will be a good platform to anyone who wished to walk more assertively in this world.
Also, it is wiser, and in certain degree, safer to be rational and stress our aims that may help to confront such risks as are inherent in the process. In that way, we are not just motivated by the market change that are usually unpredictable in most cases. This surely calls for mental, readiness which is trained day in day out so that we are consistent, do not get trapped into detrimental decisions. We all have to keep in mind that if we are aspiring for success in trading or investing, we have to attain that slowly but surely.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Actually, I sometimes feel the same way as you OP. But I keep trying to learn in trading. But not day trading. I only trade when I have enough information to enter a coin and then hold it until I make a profit. Usually I enter when there is news that there will be a big event and then I leave when the event takes place. I'm not an active trader but I trade occasionally. But it's more comfortable to do hodling. It doesn't make our minds anxious.
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It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.
if someone is afraid to trade he will not feel the benefits of trading and are you loyal to being a spectator while everyone enjoys the benefits of trading, in trading must be ready in terms of material, strategy, mentality and funds so that in trading is not confused in acting .. invest when the price goes down, do not buy when the price goes up and be careful with FOMO because if you are not smart in managing assets, then you will get losses and vice versa .. you better avoid that ..
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It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.
if someone is afraid to trade he will not feel the benefits of trading and are you loyal to being a spectator while everyone enjoys the benefits of trading, in trading must be ready in terms of material, strategy, mentality and funds so that in trading is not confused in acting .. invest when the price goes down, do not buy when the price goes up and be careful with FOMO because if you are not smart in managing assets, then you will get losses and vice versa .. you better avoid that ..
It is true that fear in trading becomes an issue, yet courage devoid of preparation is disaster as well. As seen in single position trading there is always an equal measure of confidence and prudence in trading. If we do ourselves right, from reading the markets to setting risk tolerances level, everything just feels more oriented. It is also something which is wrong not to suppress emotions, like fear or wanting too much to follow the flow, when taking the actions that have been planned.
Purchasing during a period where prices are on the low side is a strategy that normally works if overdone with a lot of thought. But maintaining our composure however the market looks like is equally important as anything else. Well-coordinated dealing with assets and avoiding hasty decision-making, as well as balancing the strategic aspect and market situations, will allow us to fully organize the strategies to get the opportunity for a good outcome without fears and in the absence of pressure or euphoria. In that way, there would be lesser distractions and we can be more sure and better prepared on the actual trading part.
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It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.
if someone is afraid to trade he will not feel the benefits of trading and are you loyal to being a spectator while everyone enjoys the benefits of trading, in trading must be ready in terms of material, strategy, mentality and funds so that in trading is not confused in acting .. invest when the price goes down, do not buy when the price goes up and be careful with FOMO because if you are not smart in managing assets, then you will get losses and vice versa .. you better avoid that ..
in trading requires experience and skills in conducting analysis and having the right strategy. If we do not have trading skills, can't we start learning trading.
because many have succeeded in trading and if we do not learn we will be left behind. Trading takes a long time to learn in making analysis, strategy and risk management.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
People are scared of the losses in trading that's why the prefer holding, that has a lower risk loss. I feel no matter how good you are you still get scared sometimes in trading, seeing a switch up in what you have analysed gets you scared sometime
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.
becoming a trader requires knowledge and experience and also making the right decisions. because the crypto market is very volatile sometimes we experience a dilemma when the price goes up and still hope for higher profits, we still hold our coins. The bitcoin market is currently going crazy and bitcoin has reached ATH $ 94,902, I just hold it right now. Don't have the courage to buy because I will wait for the correction. Maybe there are still some friends who dare to buy, but I think it is very risky.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
We mainly trade based on assumptions, we never trade correctly. Most of the time we are in loss on trading platform due to not trading properly. Especially when we jump into trading without following all the data of trading, trading candles etc, we have to go through losses most of the time. But our best holding is if the market increases and there is a lot of profit then sell and wait for some time or few days when the market goes down a little more then buy and hold again and sell when the market increases which is very important. Moreover, if we trade continuously without proper knowledge, we will lose in trading. Basically the steps I take are I always buy when the market is dumping and sell when the market goes up. If I have to wait a long time in between I wait so I see that I don't have to count too many losses in my trading. It is better to trade with some strategy but it is my strategy and others may not like this strategy.
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We mainly trade based on assumptions, we never trade correctly. Most of the time we are in loss on trading platform due to not trading properly. Especially when we jump into trading without following all the data of trading, trading candles etc, we have to go through losses most of the time. But our best holding is if the market increases and there is a lot of profit then sell and wait for some time or few days when the market goes down a little more then buy and hold again and sell when the market increases which is very important. Moreover, if we trade continuously without proper knowledge, we will lose in trading. Basically the steps I take are I always buy when the market is dumping and sell when the market goes up. If I have to wait a long time in between I wait so I see that I don't have to count too many losses in my trading. It is better to trade with some strategy but it is my strategy and others may not like this strategy.
It is true that a careful trading strategy is very important in order to minimise having unnecessary losses. One such process is that before a transaction is to be made, one has to be very certain of the data as well as the patterns of the market. Similarly, by reading market charts and trends we are safe from making ill advises that are always negative. Patience in waiting for the right moment is, for example when the market sets its correction conditions or factors, can often serve to improve the outcome of our investments.
Similarly in the above manner it is also important to define other strategies which might work well in some conditions. This is if strategies are combined by continuing to make experience and using the most recent information, the extent of the possible success in trading is increased. Analysing a market using different tools and keeping a long-term focus in mind, we are more prepared to face a fluctuation situation and minimise a potential loss which usually happen when a company is not ready for them.
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Crypto enthusiasts are basically more of investors than traders due to the high risks involved in the trading.
It is also a technical factor that you would need to study on how to make profits and minimize losts or possibly stop losts but yet, there is still account of lost on the trades and again, it requires larger start up capital to afford the trading accessories including having enough money to buy more coins even when you are loosing.
The interesting side of trading is just the potential of making quick profit but reverse be the case that you can also account quick lost.
In investment, a basic knowledge to understand that you would have to hold patiently before you can make profit is always obtainable for investors and also, can decide on your accumulating strategies while still holding until you reaches your profit goals in due time.
I doubt your crypto enthusiast population claims, that the ecosystem is more of investors than traders in population. If you have a statistical data for your claim it should be better for acceptance because I think otherwise. In my opinion, I think crypto enthusiast has more of traders, because for the price of a crypto assets eg (Bitcoin) to be moving up or down every day, there must be buyers and sellers creating market activities for this to happen.
Just like you said, if crypto enthusiast are more of investors, why is the market fluctuating? Investors buy a coin on a long or short term basis, and if they are not selling, there will not be price fluctuations. In facts, the crypto market is experiencing an uptrends and downward movements because there are buyers and sellers activities( buying
and selling) going on everyday.
In a nutshell, I think trader are more than investors but you can prove my opinion right or wrong.
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Crypto enthusiasts are basically more of investors than traders due to the high risks involved in the trading.
It is also a technical factor that you would need to study on how to make profits and minimize losts or possibly stop losts but yet, there is still account of lost on the trades and again, it requires larger start up capital to afford the trading accessories including having enough money to buy more coins even when you are loosing.
The interesting side of trading is just the potential of making quick profit but reverse be the case that you can also account quick lost.
In investment, a basic knowledge to understand that you would have to hold patiently before you can make profit is always obtainable for investors and also, can decide on your accumulating strategies while still holding until you reaches your profit goals in due time.
I doubt your crypto enthusiast population claims, that the ecosystem is more of investors than traders in population. If you have a statistical data for your claim it should be better for acceptance because I think otherwise. In my opinion, I think crypto enthusiast has more of traders, because for the price of a crypto assets eg (Bitcoin) to be moving up or down every day, there must be buyers and sellers creating market activities for this to happen.
Just like you said, if crypto enthusiast are more of investors, why is the market fluctuating? Investors buy a coin on a long or short term basis, and if they are not selling, there will not be price fluctuations. In facts, the crypto market is experiencing an uptrends and downward movements because there are buyers and sellers activities( buying
and selling) going on everyday.
In a nutshell, I think trader are more than investors but you can prove my opinion right or wrong.
Even lots of traders, which wouldn't be whales, wouldn't be able to shake the BTC price even in the slightest, in my opinion.
I too don't know what the proportion would be, but we can totally say that most is done by big MMs and smart money flowing here and there.
That's, of course, how I see it.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.
becoming a trader requires knowledge and experience and also making the right decisions. because the crypto market is very volatile sometimes we experience a dilemma when the price goes up and still hope for higher profits, we still hold our coins. The bitcoin market is currently going crazy and bitcoin has reached ATH $ 94,902, I just hold it right now. Don't have the courage to buy because I will wait for the correction. Maybe there are still some friends who dare to buy, but I think it is very risky.
We are now at $98k, so you weren't wrong.
Hold on, brothers, we are not done yet.
8)
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.
becoming a trader requires knowledge and experience and also making the right decisions. because the crypto market is very volatile sometimes we experience a dilemma when the price goes up and still hope for higher profits, we still hold our coins. The bitcoin market is currently going crazy and bitcoin has reached ATH $ 94,902, I just hold it right now. Don't have the courage to buy because I will wait for the correction. Maybe there are still some friends who dare to buy, but I think it is very risky.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
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Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
Or did they just DCA and start packing for the next cycle, you never know, haha.
Indeed, a little bit of time, and we will see $100k. Crazy to think about it.
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not afraid to trade, because trading is very challenging for me, where my level of patience can be tested if the market suddenly drops, losses will definitely occur but I consider it a trading risk
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not afraid to trade, because trading is very challenging for me, where my level of patience can be tested if the market suddenly drops, losses will definitely occur but I consider it a trading risk
It's a risk and a potential in one bottle - so it's your pick.
If it suits you, especially during the Bull market - why not try it for a while.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.
becoming a trader requires knowledge and experience and also making the right decisions. because the crypto market is very volatile sometimes we experience a dilemma when the price goes up and still hope for higher profits, we still hold our coins. The bitcoin market is currently going crazy and bitcoin has reached ATH $ 94,902, I just hold it right now. Don't have the courage to buy because I will wait for the correction. Maybe there are still some friends who dare to buy, but I think it is very risky.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
After a long time, the market situation has started to improve. The price of Bitcoin has increased a lot, but the prices of altcoins are not increasing yet. I don't know when the bull run of altcoins will start. Now we have to completely refrain from investing for a long time. Due to the high increase in the price of Bitcoin, it is not possible to do it for a long time.
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not afraid to trade, because trading is very challenging for me, where my level of patience can be tested if the market suddenly drops, losses will definitely occur but I consider it a trading risk
Trading isnt a skill that you could be able to learn up overnight on which this has become that primary mindset of most newbies on the moment that they do start on doing trading on which they do really believe that they could actually be able to do make good trading skills in a short period of time until that reality hits into them and made out some realizations that it was never been that easy.
Why would really be that afraid of trading? On the moment thaht you do consider out on dealing up with unpredictable space then be ready or prepared that you will really be losing up money
and its something which is inevitable. If you are afraid on losing money then it will really be that clear that trading isnt for you.
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Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
Or did they just DCA and start packing for the next cycle, you never know, haha.
Indeed, a little bit of time, and we will see $100k. Crazy to think about it.
DCA may also be better started from the lowest price or when the market is red. If DCA is used when the market is red, the portfolio may be minus for months, even though it will be green someday.
I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.
becoming a trader requires knowledge and experience and also making the right decisions. because the crypto market is very volatile sometimes we experience a dilemma when the price goes up and still hope for higher profits, we still hold our coins. The bitcoin market is currently going crazy and bitcoin has reached ATH $ 94,902, I just hold it right now. Don't have the courage to buy because I will wait for the correction. Maybe there are still some friends who dare to buy, but I think it is very risky.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
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I don't know when the bull run of altcoins will start.
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If you want to know, our community here also wants the market to go green soon because I see this indication that it is taking a very long time for altcoins to go green. If you know when Alltcoins season starts, then I will forward your message to my community on the Telegram channel.
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After a long time, the market situation has started to improve. The price of Bitcoin has increased a lot, but the prices of altcoins are not increasing yet. I don't know when the bull run of altcoins will start. Now we have to completely refrain from investing for a long time. Due to the high increase in the price of Bitcoin, it is not possible to do it for a long time.
It certainly is a good sign of significant move in Bitcoin price, altcoins seem to have done the similar movement. This situation is a moment to cheque whether the asset allocation conforms to the applied strategy or instead we are moving into a conflict situation. We can start with looking for additional information about the potential of assets, which haven’t already seen a meaningful price increase, so we can profit off their price changes, if the price also increases.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.
becoming a trader requires knowledge and experience and also making the right decisions. because the crypto market is very volatile sometimes we experience a dilemma when the price goes up and still hope for higher profits, we still hold our coins. The bitcoin market is currently going crazy and bitcoin has reached ATH $ 94,902, I just hold it right now. Don't have the courage to buy because I will wait for the correction. Maybe there are still some friends who dare to buy, but I think it is very risky.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
I am not agree with the thought that only beginners will buy Bitcoin at this time because now there are many DCA holders who collect Bitcoin regularly. They are not willing to sell Bitcoin for a little profit. Everyone can benefit by holding Bitcoin in the long term. Those who were happy to sell Bitcoin for $ 20000 are all regretting selling Bitcoin. In the future, it will be the same that those who are missing this opportunity today will also regret not holding Bitcoin at some point. However, for those who are interested in investing in Bitcoin in the short term, holding Bitcoin is definitely risky.
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Someone who is serious and mature with full preparation, and smart in understanding the situation and in the learning process, will be easier to adapt to what is experienced when trading. This may still not be easy, but at least, not easily panicking is also one of the first things to be able to control yourself much wiser. Because trading always requires risk, high risks, and we already understand it very well.
Exactly, the preparation you have beforehand also influences, I really value things that someone says based on reading books, because I know that it is backed up by a text from an already experienced author, so its concurrence has a good foundation, also having good knowledge allows you to mature certain criteria more quickly and above all to realize when someone may be selling you smoke, then given these things knowledge will be an unmatched plus, for that reason we as traders must be open to information and operate because of that and experience, that will give more security when operating and being more secure will eliminate all fear.
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Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
Or did they just DCA and start packing for the next cycle, you never know, haha.
Indeed, a little bit of time, and we will see $100k. Crazy to think about it.
DCA may also be better started from the lowest price or when the market is red. If DCA is used when the market is red, the portfolio may be minus for months, even though it will be green someday.
I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.
becoming a trader requires knowledge and experience and also making the right decisions. because the crypto market is very volatile sometimes we experience a dilemma when the price goes up and still hope for higher profits, we still hold our coins. The bitcoin market is currently going crazy and bitcoin has reached ATH $ 94,902, I just hold it right now. Don't have the courage to buy because I will wait for the correction. Maybe there are still some friends who dare to buy, but I think it is very risky.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
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I don't know when the bull run of altcoins will start.
-
If you want to know, our community here also wants the market to go green soon because I see this indication that it is taking a very long time for altcoins to go green. If you know when Alltcoins season starts, then I will forward your message to my community on the Telegram channel.
The price of altcoins has not started to increase yet, I hope that the price of altcoins will start to increase in the next few weeks. I have seen that the price of Bitcoin has already increased a lot. Those who have invested in Bitcoin will now get a lot of profit. I think that the price of altcoins may increase by the end of this year, if not by the end of next year. For those who are thinking of investing in altcoins, I would say that although investing now is a bit risky, you can invest in small amounts instead of investing a lot.
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My thoughts are exact opposite of yours, whenever I watch the price swings I get temptation to play my hand because it feels easy money in no times meanwhile holding is gradual increase over the years which is why I avoid looking at the price charts more often to control the urge of trading.
I am kind of afraid too because at anytime things can go wrong when playing with random coins so limited my trading capital to very minimal so even if I lose it doesn't bother me that much.
Well, this is just being emotional, and emotions can be managed as a trader or an investor. As a trader, one of the key way to manage emotions while trading is,
1, As a trader, you must have trading plans, keep your mind on your plans.
2.As trader, you must have a profit margin rates, Don't be greedy to exceed your take profits planned rates
3.Be aware of emotions, how they affect you as a person.
4.Learn to embrace the market risks, Trading has it own risks and it is a good idea to learn how to embrace them.
5.As a trader, there are at times you make mistakes, learn how to accept your mistake especially when enter a position at the wrong timing etc.
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not afraid to trade, because trading is very challenging for me, where my level of patience can be tested if the market suddenly drops, losses will definitely occur but I consider it a trading risk
It's a risk and a potential in one bottle - so it's your pick.
If it suits you, especially during the Bull market - why not try it for a while.
everyone knows that trading has risks, in order to avoid that risk we must have knowledge in trading and even be able to analyze the market so that it is far from the risk of loss... and control emotions so that in trading we do not rush to take action so that there is no regret in the end, therefore we are here to provide input to each other and I am also still learning to increase my knowledge of the crypto market.
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Also, it is wiser, and in certain degree, safer to be rational and stress our aims that may help to confront such risks as are inherent in the process. In that way, we are not just motivated by the market change that are usually unpredictable in most cases. This surely calls for mental, readiness which is trained day in day out so that we are consistent, do not get trapped into detrimental decisions. We all have to keep in mind that if we are aspiring for success in trading or investing, we have to attain that slowly but surely.
I agree with this, especially what we have in our mental control, it is very easy sometimes to go or be guided by an impulse, sometimes the adrenaline makes us make mistakes that we should not make, in view of that we have to have two good plans, the first plan that for me is the best which is to limit the money willing to lose and the second is to be able to control ourselves mentally, that is something that we should always consider, for those reasons we must be coherent people in calm.
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Also, it is wiser, and in certain degree, safer to be rational and stress our aims that may help to confront such risks as are inherent in the process. In that way, we are not just motivated by the market change that are usually unpredictable in most cases. This surely calls for mental, readiness which is trained day in day out so that we are consistent, do not get trapped into detrimental decisions. We all have to keep in mind that if we are aspiring for success in trading or investing, we have to attain that slowly but surely.
I agree with this, especially what we have in our mental control, it is very easy sometimes to go or be guided by an impulse, sometimes the adrenaline makes us make mistakes that we should not make, in view of that we have to have two good plans, the first plan that for me is the best which is to limit the money willing to lose and the second is to be able to control ourselves mentally, that is something that we should always consider, for those reasons we must be coherent people in calm.
Good advice if we can invest using capital or money that we are ready to lose, so there is no burden when a loss occurs. because in investing we understand that there are risks. and not everything we plan will end well. sometimes we will also experience defeat.
A good mentality is also needed in crypto investment, we must understand because sometimes if we panic, are greedy, etc. it will make us not focus on investing.
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Trading isnt a skill that you could be able to learn up overnight on which this has become that primary mindset of most newbies on the moment that they do start on doing trading on which they do really believe that they could actually be able to do make good trading skills in a short period of time until that reality hits into them and made out some realizations that it was never been that easy.
Why would really be that afraid of trading? On the moment thaht you do consider out on dealing up with unpredictable space then be ready or prepared that you will really be losing up money
and its something which is inevitable. If you are afraid on losing money then it will really be that clear that trading isnt for you.
You're right, we as people always have and can be afraid of certain activities in order to do things well, and when we try certain activities we are risking that they will turn out well or badly, with luck in some they will turn out well, in others not, but the idea is not that if everything goes wrong we say that we can't, that we are no good or that we can't do it, no, we must learn to insist responsibly , if we fail in trading, but we like it, we must learn to correct the things that go wrong, but we must get rid of fear.
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Also, it is wiser, and in certain degree, safer to be rational and stress our aims that may help to confront such risks as are inherent in the process. In that way, we are not just motivated by the market change that are usually unpredictable in most cases. This surely calls for mental, readiness which is trained day in day out so that we are consistent, do not get trapped into detrimental decisions. We all have to keep in mind that if we are aspiring for success in trading or investing, we have to attain that slowly but surely.
I agree with this, especially what we have in our mental control, it is very easy sometimes to go or be guided by an impulse, sometimes the adrenaline makes us make mistakes that we should not make, in view of that we have to have two good plans, the first plan that for me is the best which is to limit the money willing to lose and the second is to be able to control ourselves mentally, that is something that we should always consider, for those reasons we must be coherent people in calm.
This is the reason why I lost in the past. Consecutive winnings really pump up my adrenaline until I made one mistake that changed everything and lost all of my capital and got liquidated.
This is why I always have to keep myself calm and always say to myself to "control yourself" because you might make wrong decisions after you win consecutive times. The term "slowly but surely" is the go-to strategy when it comes to trading. You can double your money in days through futures trading, but what are the risks that you will be facing if you want to achieve that? A slow-but-sure approach would be the best approach when it comes to trading... unless you're that expert enough to make risky decisions and still end up making profit. :)
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Trading isnt a skill that you could be able to learn up overnight on which this has become that primary mindset of most newbies on the moment that they do start on doing trading on which they do really believe that they could actually be able to do make good trading skills in a short period of time until that reality hits into them and made out some realizations that it was never been that easy.
Why would really be that afraid of trading? On the moment thaht you do consider out on dealing up with unpredictable space then be ready or prepared that you will really be losing up money
and its something which is inevitable. If you are afraid on losing money then it will really be that clear that trading isnt for you.
You're right, we as people always have and can be afraid of certain activities in order to do things well, and when we try certain activities we are risking that they will turn out well or badly, with luck in some they will turn out well, in others not, but the idea is not that if everything goes wrong we say that we can't, that we are no good or that we can't do it, no, we must learn to insist responsibly , if we fail in trading, but we like it, we must learn to correct the things that go wrong, but we must get rid of fear.
fear will always be there, and in investing we are also faced with that emotion. fear or doubt will haunt every time we make a decision, so it is advisable to make an analysis and develop a strategy so that we can take opportunities without fear. if we have a lot of experience and knowledge, we can control that fear.
If we are always afraid, we will lose our chance to make a profit, because the risk of loss will always be there when investing in crypto.
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fear will always be there, and in investing we are also faced with that emotion. fear or doubt will haunt every time we make a decision, so it is advisable to make an analysis and develop a strategy so that we can take opportunities without fear. if we have a lot of experience and knowledge, we can control that fear.
If we are always afraid, we will lose our chance to make a profit, because the risk of loss will always be there when investing in crypto.
You are right. Emotions are a very important part of humanity, however as traders to become profitable you needed to know how to properly control your emotions and make sure the you don't mess up because you got scared. Like I always say, as important as knowing how to use market dynamics and strategies to your advantage, you also need to know how to maintain a proper psychology.
Traders are risk takers however that doesn't imply you dive into the market without analysing. The idea is risking smartly and for those familiar with technical analysis , the acronym SMC will likely come to mind.
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fear will always be there, and in investing we are also faced with that emotion. fear or doubt will haunt every time we make a decision, so it is advisable to make an analysis and develop a strategy so that we can take opportunities without fear. if we have a lot of experience and knowledge, we can control that fear.
If we are always afraid, we will lose our chance to make a profit, because the risk of loss will always be there when investing in crypto.
You are right. Emotions are a very important part of humanity, however as traders to become profitable you needed to know how to properly control your emotions and make sure the you don't mess up because you got scared. Like I always say, as important as knowing how to use market dynamics and strategies to your advantage, you also need to know how to maintain a proper psychology.
Traders are risk takers however that doesn't imply you dive into the market without analysing. The idea is risking smartly and for those familiar with technical analysis , the acronym SMC will likely come to mind.
In trading, besides conducting analysis, developing strategies and observing market movements, we must have good emotional control. because sometimes we are faced with market conditions that are different from what we have planned. And this requires experience in controlling emotions.
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Trading is hard no doubt but there are few successful traders who inspite of the difficulty involved in trading still became profitable in it, however most traders who lost their investment or portfolio is due to lack adequate knowledge and experience, I read stories of traders who stayed in trading after several losses and account liquidation eventually became profitable, meanwhile the best bet for new investors is to buy tokens and Hodl however plenty of those investors don't want to exercise patient they rather wanted to make quick profit that prompted many of them to opt for trading unfortunately lost their investment.
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Trading is hard no doubt but there are few successful traders who inspite of the difficulty involved in trading still became profitable in it, however most traders who lost their investment or portfolio is due to lack adequate knowledge and experience, I read stories of traders who stayed in trading after several losses and account liquidation eventually became profitable, meanwhile the best bet for new investors is to buy tokens and Hodl however plenty of those investors don't want to exercise patient they rather wanted to make quick profit that prompted many of them to opt for trading unfortunately lost their investment.
becoming a trader or a holder, it is a decision and adjusted to our ability and strategy in investing. And of course if you choose to become a trader you must have knowledge and experience because becoming a trader is not easy, it requires expertise in making plans and strategies.
Becoming a holder requires patience, because we can buy when bearish and hold for about 2 years if we want to get maximum profit.
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Good advice if we can invest using capital or money that we are ready to lose, so there is no burden when a loss occurs. because in investing we understand that there are risks. and not everything we plan will end well. sometimes we will also experience defeat.
A good mentality is also needed in crypto investment, we must understand because sometimes if we panic, are greedy, etc. it will make us not focus on investing.
In any investment we must have a mentality that what we can invest is what we are willing to lose, although I say something, what is invested in btc is never lost, everything is the opposite, it is always safe profits.
What happened is that I have my conviction with btc , but with the other alts it is something that has to be done more analysis, more confidence in what is going to be put into, we are people who can always take risks but with a certain maturity, knowing and accepting the designs of the market.
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everyone knows that trading has risks, in order to avoid that risk we must have knowledge in trading and even be able to analyze the market so that it is far from the risk of loss... and control emotions so that in trading we do not rush to take action so that there is no regret in the end, therefore we are here to provide input to each other and I am also still learning to increase my knowledge of the crypto market.
It is true that having knowledge is the way to deal with the risks in trading. It is also the way to optimize the chance of getting good profits. We must know a proper strategy in trading if we have knowledge. We can do analysis or research as well, including learning the price charts. So, it is very important to have knowledge in trading besides we also need to have good mentality. Sure, everyone keeps learning although they already become professional traders. Learning will never end, it is a must to increase knowledge every time.
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becoming a trader or a holder, it is a decision and adjusted to our ability and strategy in investing. And of course if you choose to become a trader you must have knowledge and experience because becoming a trader is not easy, it requires expertise in making plans and strategies.
Becoming a holder requires patience, because we can buy when bearish and hold for about 2 years if we want to get maximum profit.
Basically, every investment choice brings its own characteristics that can be adjusted to what we have, both in terms of time and ability. When choosing to be active as a trader, we need to continue to learn and hone our ability to analyze the market, because quick and precise decisions are what support success. On the other hand, if we choose to be a holder, patience is the main key in waiting for the right time to get maximum results. Both of these paths have the same potential as long as we do it with consistency and good planning.
It is true that having knowledge is the way to deal with the risks in trading. It is also the way to optimize the chance of getting good profits. We must know a proper strategy in trading if we have knowledge. We can do analysis or research as well, including learning the price charts. So, it is very important to have knowledge in trading besides we also need to have good mentality. Sure, everyone keeps learning although they already become professional traders. Learning will never end, it is a must to increase knowledge every time.
The ability to read the signal and the ability to understand prices and trends of the market puts us in a better position when it comes to the trading. As a result, one can increase the number of understood risks and strengthen the highlights of existing opportunities through constant enhancement of the insights that might help avoid possible hazards and detect new patterns. Being disciplined in the way we execute the strategy that has been developed and remaining composed with various market situations will going to be our strength. Of course, each step made with proper preparation will create more possibilities to achieve the goal and learning is a part of that process which will not end.
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not afraid to trade, because trading is very challenging for me, where my level of patience can be tested if the market suddenly drops, losses will definitely occur but I consider it a trading risk
It's a risk and a potential in one bottle - so it's your pick.
If it suits you, especially during the Bull market - why not try it for a while.
everyone knows that trading has risks, in order to avoid that risk we must have knowledge in trading and even be able to analyze the market so that it is far from the risk of loss... and control emotions so that in trading we do not rush to take action so that there is no regret in the end, therefore we are here to provide input to each other and I am also still learning to increase my knowledge of the crypto market.
Yes, I am agreed with you. We all know that trading is always high risky way of earning. I am always get afraid when i was starting my trading journey. I knew that this is a hugh risky way of earning that's why i tried to learn a lot and also i started to trade with low amount. That was help me to fall on huge loss cause my investment was low. Gradually i started to increase my skill and also i got good believe that i can get a good return if can get a good entry and exit. However after having a good knowledge i started with a healthy amount and am getting a good profit. Surely trading is the best way of earning if you have enough knowledge behind it. If you are expert in it you will not be afraid for sure and get a good return as well. Learning is power i am still learning from my mistake and try to increase my skill.
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If you don't have a thorough knowledge and skill in trading never embark trading instead Hodling is the right choice, personally I had traded crypto currencies and had a sad experience because of lack of necessary skills infact I got liquidated in some cases due high leverage in trading which I ought to have learn it implications however due to my bid to earn huge profits I didn't consider it high risk and how highly volatile crypto is, now I have gotten back to learning again using higher timeframe of daily.
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not afraid to trade, because trading is very challenging for me, where my level of patience can be tested if the market suddenly drops, losses will definitely occur but I consider it a trading risk
It's a risk and a potential in one bottle - so it's your pick.
If it suits you, especially during the Bull market - why not try it for a while.
everyone knows that trading has risks, in order to avoid that risk we must have knowledge in trading and even be able to analyze the market so that it is far from the risk of loss... and control emotions so that in trading we do not rush to take action so that there is no regret in the end, therefore we are here to provide input to each other and I am also still learning to increase my knowledge of the crypto market.
Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing. No one can ever guarantee that he will make a profit on every entry he makes. Professional traders are also afraid of losing. And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
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Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing. No one can ever guarantee that he will make a profit on every entry he makes. Professional traders are also afraid of losing. And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
The goal of every person who invests or trades is to make a profit, so we must have proper risk management so that we can make a profit rather than the losses we suffer. because with analysis, strategy and always reading market trends we can minimize losses and get maximum profits.
I am also afraid of losing in investing, so I always learn by practicing to become a trader, even though I am not a professional because I am not an expert in trading in crypto
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Well, experienced traders are more involved in trading than the inexperienced ones. So, I has to get sufficient knowledge and exposure so as to feel confident in trading.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Well, experienced traders are more involved in trading than the inexperienced ones. So, I has to get sufficient knowledge and exposure so as to feel confident in trading.
In order to be more confident in trading we must have knowledge and experience. We see professional traders are always confident and have good skills, so in making analysis and strategies they are always more focused and can manage their emotions when changes occur in the crypto market.
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In order to be more confident in trading we must have knowledge and experience. We see professional traders are always confident and have good skills, so in making analysis and strategies they are always more focused and can manage their emotions when changes occur in the crypto market.
Confidence can be built, so I agree with you to build it requires knowledge and experience. It's the same when we do something, when our knowledge and experience are sufficient then our confidence will increase to finish the job on time.
However, if the job is something new in our lives, or in other words our knowledge and experience are not sufficient, then we will not be confident to finish it on time.
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In order to be more confident in trading we must have knowledge and experience. We see professional traders are always confident and have good skills, so in making analysis and strategies they are always more focused and can manage their emotions when changes occur in the crypto market.
Confidence can be built, so I agree with you to build it requires knowledge and experience. It's the same when we do something, when our knowledge and experience are sufficient then our confidence will increase to finish the job on time.
However, if the job is something new in our lives, or in other words our knowledge and experience are not sufficient, then we will not be confident to finish it on time.
Something new takes a lot of time to learn, of course our experience and knowledge about something new is not enough, so when I intend to invest in a new project I will do research and make analyses so that I don't lose my money, because something new has a higher risk.
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Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing. No one can ever guarantee that he will make a profit on every entry he makes. Professional traders are also afraid of losing. And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
The goal of every person who invests or trades is to make a profit, so we must have proper risk management so that we can make a profit rather than the losses we suffer. because with analysis, strategy and always reading market trends we can minimize losses and get maximum profits.
I am also afraid of losing in investing, so I always learn by practicing to become a trader, even though I am not a professional because I am not an expert in trading in crypto
If risk management can be done, then even if there is no profit, the amount of loss can be reduced, In this regard we can consider it is profitable. Everyone's objective in trading is the same. Everyone tries their best for their profit, but some can profit, but many lose. However, those who can understand the risk-related issues and trading strategies well and take decisions will be able to profit from trading. If trading is done with complete knowledge without fear of trading, a trader can definitely be profitable.
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everyone knows that trading has risks, in order to avoid that risk we must have knowledge in trading and even be able to analyze the market so that it is far from the risk of loss... and control emotions so that in trading we do not rush to take action so that there is no regret in the end, therefore we are here to provide input to each other and I am also still learning to increase my knowledge of the crypto market.
Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing. No one can ever guarantee that he will make a profit on every entry he makes. Professional traders are also afraid of losing. And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
The rate at which professional traders are afraid of losing money when trading is different from the way a beginner sees the market and fear that they’re going to lose money. When your trading game is improving, you tend to have more confidence in trading and also the fear of taking trades when you see a good set up that align with your strategy will begin to reduce gradually. Your learning stage and how well you practice in the market even after the training stage is what makes you a better trader. And the more the confidence of the game, the more prosperous you’ll become in your trading journey.
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Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing. No one can ever guarantee that he will make a profit on every entry he makes. Professional traders are also afraid of losing. And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
Of course, everyone will always feel afraid of losing their money. Moreover, crypto is very risky, they must be very careful in crypto trading. However, it should have the solution, we can deal with the risks if we have proper knowledge. Those professional traders must feel confident to get profits because they know the right strategy. To have the right strategy, we must have good knowledge and experience for sure.
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Of course, everyone will always feel afraid of losing their money. Moreover, crypto is very risky, they must be very careful in crypto trading. However, it should have the solution, we can deal with the risks if we have proper knowledge. Those professional traders must feel confident to get profits because they know the right strategy. To have the right strategy, we must have good knowledge and experience for sure.
And when someone is afraid of losing money, then there are 2 possibilities:
- Leaving it and not taking the risk
- Entering it and trying to make a wise risk management
because, risk management is indeed very important in trading, to be able to optimize the chances for the gains and also minimize losing, even though we can't make it 0 loss, we can't, but at least with a combination of risk management and the abilities we have, at least we can get more optimal gains.
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Confidence can be built, so I agree with you to build it requires knowledge and experience. It's the same when we do something, when our knowledge and experience are sufficient then our confidence will increase to finish the job on time.
However, if the job is something new in our lives, or in other words our knowledge and experience are not sufficient, then we will not be confident to finish it on time.
Something new takes a lot of time to learn, of course our experience and knowledge about something new is not enough, so when I intend to invest in a new project I will do research and make analyses so that I don't lose my money, because something new has a higher risk.
Well the point is we have to understand that we need time to be able to truly understand something new. It's the same as when we learn to ride a bicycle, for example, we can't immediately ride it smoothly, we need time to adjust our balance.
Something that goes through a process is something that requires patience, well we are tested in that patience, whether we will be able to or not, because some people end up giving up halfway.
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Well the point is we have to understand that we need time to be able to truly understand something new. It's the same as when we learn to ride a bicycle, for example, we can't immediately ride it smoothly, we need time to adjust our balance.
Something that goes through a process is something that requires patience, well we are tested in that patience, whether we will be able to or not, because some people end up giving up halfway.
A good analogy is comparing how to ride a bike with trading, because both require a process to become proficient.
In trading we need to learn and have enough experience so that we can make analysis and have the right strategy.
And to become an expert, we need to focus and always hone the skills we have.
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Well the point is we have to understand that we need time to be able to truly understand something new. It's the same as when we learn to ride a bicycle, for example, we can't immediately ride it smoothly, we need time to adjust our balance.
Something that goes through a process is something that requires patience, well we are tested in that patience, whether we will be able to or not, because some people end up giving up halfway.
A good analogy is comparing how to ride a bike with trading, because both require a process to become proficient.
In trading we need to learn and have enough experience so that we can make analysis and have the right strategy.
And to become an expert, we need to focus and always hone the skills we have.
In learning to ride a bike, falling is a common thing, some people even say you have to fall first if you want to be really smooth.
The same goes for trading, in trading it is impossible for us to never experience losses, and that can be a very valuable lesson to become a good trader in the future. Even an expert trader can still experience losses, so that is one thing that is related.
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In learning to ride a bike, falling is a common thing, some people even say you have to fall first if you want to be really smooth.
The same goes for trading, in trading it is impossible for us to never experience losses, and that can be a very valuable lesson to become a good trader in the future. Even an expert trader can still experience losses, so that is one thing that is related.
Experienced in trading become best teacher for us how to manage well for the future and keep avoid loss,
I think all trader can't avoid from losses in trading but most of them take more lesson after mistake and have better way for next time trading. Firstly as new trader get panic or more greedy keep holding when price have raising up, but after several time in trading and have much experience will learn more how to be best trader can minimize loss to earn much profit.
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In learning to ride a bike, falling is a common thing, some people even say you have to fall first if you want to be really smooth.
The same goes for trading, in trading it is impossible for us to never experience losses, and that can be a very valuable lesson to become a good trader in the future. Even an expert trader can still experience losses, so that is one thing that is related.
Experienced in trading become best teacher for us how to manage well for the future and keep avoid loss,
I think all trader can't avoid from losses in trading but most of them take more lesson after mistake and have better way for next time trading. Firstly as new trader get panic or more greedy keep holding when price have raising up, but after several time in trading and have much experience will learn more how to be best trader can minimize loss to earn much profit.
Yeah every trader must have experienced a loss, where they make the loss as an experience to have better knowledge and skills in the future because trading requires experience.
New traders will panic when the market goes down and they will even be greedy when the market goes up, and it takes experience to be able to control those emotions.
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Experienced in trading become best teacher for us how to manage well for the future and keep avoid loss,
I think all trader can't avoid from losses in trading but most of them take more lesson after mistake and have better way for next time trading. Firstly as new trader get panic or more greedy keep holding when price have raising up, but after several time in trading and have much experience will learn more how to be best trader can minimize loss to earn much profit.
A trader without loss won’t become a profitable one. Losses is part of the process of becoming better in trading. And when you incur loss in trading, you’ll get the chance to learn more and to adjust on how to minimize losses. When traders don’t incur losses, it is said that it’ll take them a longer time to be profitable. Loss is part of the process and you have to get use to it in order to gain more knowledge and become better at trading. Trading is not an easy task, you’ve to keep learning to get better with time.
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In learning to ride a bike, falling is a common thing, some people even say you have to fall first if you want to be really smooth.
The same goes for trading, in trading it is impossible for us to never experience losses, and that can be a very valuable lesson to become a good trader in the future. Even an expert trader can still experience losses, so that is one thing that is related.
Experienced in trading become best teacher for us how to manage well for the future and keep avoid loss,
I think all trader can't avoid from losses in trading but most of them take more lesson after mistake and have better way for next time trading. Firstly as new trader get panic or more greedy keep holding when price have raising up, but after several time in trading and have much experience will learn more how to be best trader can minimize loss to earn much profit.
I agree that experience will be the best teacher, and we will not get that lesson from anywhere else, because with what we experience and feel ourselves, it will shape us in understanding what is actually wrong.
Sometimes what we learn from books will be very different from what we experience ourselves. So it will be a good combination of knowledge and experience.
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In learning to ride a bike, falling is a common thing, some people even say you have to fall first if you want to be really smooth.
The same goes for trading, in trading it is impossible for us to never experience losses, and that can be a very valuable lesson to become a good trader in the future. Even an expert trader can still experience losses, so that is one thing that is related.
Experienced in trading become best teacher for us how to manage well for the future and keep avoid loss,
I think all trader can't avoid from losses in trading but most of them take more lesson after mistake and have better way for next time trading. Firstly as new trader get panic or more greedy keep holding when price have raising up, but after several time in trading and have much experience will learn more how to be best trader can minimize loss to earn much profit.
I agree that experience will be the best teacher, and we will not get that lesson from anywhere else, because with what we experience and feel ourselves, it will shape us in understanding what is actually wrong.
Sometimes what we learn from books will be very different from what we experience ourselves. So it will be a good combination of knowledge and experience.
The experience we gain from events that happen to ourselves is something that is very impressive in our lives, and this will be the best teacher as you said.
We can make it a lesson so that in the future we will be better and more careful and focused.
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I agree that experience will be the best teacher, and we will not get that lesson from anywhere else, because with what we experience and feel ourselves, it will shape us in understanding what is actually wrong.
Correct. Experience is the best teacher, that's why it is very important to have good experience in crypto trading. Having experience will be very helpful to improve our understanding in crypto trading. We may have skills and knowledge, but we probably won't have strong understanding if we have no experience. :D
Sometimes what we learn from books will be very different from what we experience ourselves. So it will be a good combination of knowledge and experience.
Sure, we learn the theories from the books. But to learn the facts, we must do it in real trading. Experience can be obtained from real trading only, we can't get it from demo trading or from the books.
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Don't go into trades if you're not sure of yourself, trading is not a child's play, we can't be doing it the wrong way and still avoid losses, the reason why some couldnt yo into a trade they dont know about like that, because they have the understanding of the necessary requirements for doing it, ifnwr want to avoid gambling in trading, then we must know what we are doing and not to go for things wr are not sure of regarding trading, we must also endeavour to keep up with the trading updates more frequently.
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Sometimes what we learn from books will be very different from what we experience ourselves. So it will be a good combination of knowledge and experience.
Sure, we learn the theories from the books. But to learn the facts, we must do it in real trading. Experience can be obtained from real trading only, we can't get it from demo trading or from the books.
And as I said before, sometimes it will have quite significant differences so that we have to be able to adjust to the circumstances we face at that time.
Maybe we can memorize the theoretical formula that we get from reading books, but in reality it is not that simple. However, it does not mean that what we learn is wrong, but in practicing it we must also be able to read the situation as much as possible.
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Sometimes what we learn from books will be very different from what we experience ourselves. So it will be a good combination of knowledge and experience.
Sure, we learn the theories from the books. But to learn the facts, we must do it in real trading. Experience can be obtained from real trading only, we can't get it from demo trading or from the books.
And as I said before, sometimes it will have quite significant differences so that we have to be able to adjust to the circumstances we face at that time.
Maybe we can memorize the theoretical formula that we get from reading books, but in reality it is not that simple. However, it does not mean that what we learn is wrong, but in practicing it we must also be able to read the situation as much as possible.
We can adjust accordingly into this aspect on which we know that on the moment that we do able to encounter up something different then we will really be just that trying out to adapt on how to deal up with it. There's no way that you cant be able to determine on how things should really be done. On the moment that you are really facing up some challenges then you will really be just that acting out naturally but of course it wont really be that simple but doesnt mean that it will be impossible. Afraid of trading? You will really be that afraid if you arent that serious on what you should gonna do.
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A good analogy is comparing how to ride a bike with trading, because both require a process to become proficient.
In trading we need to learn and have enough experience so that we can make analysis and have the right strategy.
And to become an expert, we need to focus and always hone the skills we have.
Indeed, things are like that, when we are trading things are shown that way, everything that is related to knowledge and experience is what makes us grow, also the management of our money, if we manage it well then there is no problem, that is something that we must be clear about, personally I always trade, with little money, but that helps me grow as a person , to Develop and think a lot, every detail counts, every second counts, so for me trading is like a profession.
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And as I said before, sometimes it will have quite significant differences so that we have to be able to adjust to the circumstances we face at that time.
Maybe we can memorize the theoretical formula that we get from reading books, but in reality it is not that simple. However, it does not mean that what we learn is wrong, but in practicing it we must also be able to read the situation as much as possible.
We can adjust accordingly into this aspect on which we know that on the moment that we do able to encounter up something different then we will really be just that trying out to adapt on how to deal up with it. There's no way that you cant be able to determine on how things should really be done. On the moment that you are really facing up some challenges then you will really be just that acting out naturally but of course it wont really be that simple but doesnt mean that it will be impossible. Afraid of trading? You will really be that afraid if you arent that serious on what you should gonna do.
Surely we will think spontaneously when facing something, and in this case knowledge will certainly greatly influence the decision. After all, we will always remember the theory and will base it on decision making.
That is also why we will always be in a situation where knowledge will be very important. We cannot do something without it, because in the end it is the same as hoping for luck that will come to our decisions that we take without basis.
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A good analogy is comparing how to ride a bike with trading, because both require a process to become proficient.
In trading we need to learn and have enough experience so that we can make analysis and have the right strategy.
And to become an expert, we need to focus and always hone the skills we have.
Indeed, things are like that, when we are trading things are shown that way, everything that is related to knowledge and experience is what makes us grow, also the management of our money, if we manage it well then there is no problem, that is something that we must be clear about, personally I always trade, with little money, but that helps me grow as a person , to Develop and think a lot, every detail counts, every second counts, so for me trading is like a profession.
You are right trading is a profession because it requires knowledge and experience in trading.
And becoming a professional trader is not easy because it takes a long time to be able to have expertise in trading.
and of course it takes a lot of sacrifice of capital and time to be able to have expertise in trading
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And as I said before, sometimes it will have quite significant differences so that we have to be able to adjust to the circumstances we face at that time.
Maybe we can memorize the theoretical formula that we get from reading books, but in reality it is not that simple. However, it does not mean that what we learn is wrong, but in practicing it we must also be able to read the situation as much as possible.
We can adjust accordingly into this aspect on which we know that on the moment that we do able to encounter up something different then we will really be just that trying out to adapt on how to deal up with it. There's no way that you cant be able to determine on how things should really be done. On the moment that you are really facing up some challenges then you will really be just that acting out naturally but of course it wont really be that simple but doesnt mean that it will be impossible. Afraid of trading? You will really be that afraid if you arent that serious on what you should gonna do.
Surely we will think spontaneously when facing something, and in this case knowledge will certainly greatly influence the decision. After all, we will always remember the theory and will base it on decision making.
That is also why we will always be in a situation where knowledge will be very important. We cannot do something without it, because in the end it is the same as hoping for luck that will come to our decisions that we take without basis.
I agree that knowledge is very important and as a basis for making decisions.
and besides knowledge we must also have experience and expertise, because with a lot of experience we can make decisions correctly because it is based on the knowledge we have.
Many people only rely on luck in investing, even though they should make the right analysis and strategy.
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Afraid of trading? I think depend on your capital from, usually if trader or investor take loan for trading in cryptocurrency looks very carefully entry the market and most afraid if wrong analyze behind how to pay loan interest every month. But difference mindset if trading capital from free money not care yet and always braveness take risk when entry, no doubt if position looks very good for investing although keep make research have on the right time to entry or not.
If your capital from loan I think trading more afraid and always be careful for every purchasing of coin, mots of us know how much risk when trading in cryptocurrency.
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Afraid of trading? I think depend on your capital from, usually if trader or investor take loan for trading in cryptocurrency looks very carefully entry the market and most afraid if wrong analyze behind how to pay loan interest every month. But difference mindset if trading capital from free money not care yet and always braveness take risk when entry, no doubt if position looks very good for investing although keep make research have on the right time to entry or not.
If your capital from loan I think trading more afraid and always be careful for every purchasing of coin, mots of us know how much risk when trading in cryptocurrency.
The risk of trading is quite large, so it is advisable not to use borrowed money because the character of the crypto market is very volatile and we are required to repay the loan. It is better to use free funds so that we can focus more on trading and not panic when the market suddenly experiences a correction because we can hold our coins and wait for the market to improve again.
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The risk of trading is quite large, so it is advisable not to use borrowed money because the character of the crypto market is very volatile and we are required to repay the loan. It is better to use free funds so that we can focus more on trading and not panic when the market suddenly experiences a correction because we can hold our coins and wait for the market to improve again.
I think basically the risks in trading and investment are not so different. But sure trading has their own risk because they need to take profits in a short time. Meanwhile in investment, we don't need to think about taking profits very soon. Yes, we must deal with the change of market trends, the volatility, and many other things. But we don't need to panic if we can do analysis and can read the chart patterns. We can know the right time to buy and to sell the coins.
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Holding of crypto assets can be profitable for the very long run, trading is profitable in any situation of the market. It only takes one's decision to start trading. And in situations like this, using a demo account to start trading is better, for the basics of knowing how the trading market works.
For me, I'm not yet a full trader, still practicing, but there is more profit in trading the crypto market than holding. I hold coins for the long run, while trading on little quantity to understand the different methods involved in crypto trading.
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My thoughts are exact opposite of yours, whenever I watch the price swings I get temptation to play my hand because it feels easy money in no times meanwhile holding is gradual increase over the years which is why I avoid looking at the price charts more often to control the urge of trading.
I am kind of afraid too because at anytime things can go wrong when playing with random coins so limited my trading capital to very minimal so even if I lose it doesn't bother me that much.
I think your thoughts about trading sounds emotional, and it look like your trading experiences is based on the future trading options which is why you are always afraid to check the market trends.
There are reasons why it is necessary to check the market often; first, checking the market as a day trader, or a future trader is important because of a sudden market dumps. checking the market is necessary to quickly close positions on the event of a huge Market sell off especially on the future trading options. You can also check the market if you are a high trading leverages that may likely lead to liquidation. notifications.
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Well if you are afraid of bears you don't go in the forest. The same applies with the trading too.
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As we see history the investor make money from holding instead of trading and it is true trader can make money today but day after Tomorrow will get loss high compare to profit and accordingly capital decrease.
So be investor and tention free life.
I think you are missing something with regard to the crypto market dynamics. Once there is price fall, it affects both traders and investors simultaneously. The difference between a trader and investors, when prices changes is just the time factors.
Experienced trader know when to close positions, but if otherwise, market price break below his entry positions, with some patience, price can still bounce back, and the same price change also affect an investor. The time gap between both is the investor's long term plans that can affect profit/loss
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Well if you are afraid of bears you don't go in the forest. The same applies with the trading too.
True, a trader must have some level of confidence before he can excel at trading. If you are afraid of losing money, you should not trade. Instead of being afraid of trading, the trader will benefit more from spending more time studying market trends or seeking guidance from an experienced trader.
The more a trader trades, the better he understands the nuts and bolts of trading and the more confident he is in his ability to trade. I believe that even when a trader loses, he is learning and gaining experiences that will help him trade more effectively in the future. Thus, there is no benefit to being afraid of trading or trading in fear.
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Holding crypto coins is like an investment that will either profit the coin owner or long gone. Instead of holding coin, one should go and make the necessary trading. Trading is risky, but the idea of holding the coins is riskier. So it's better to trade and avoid pressures resulting from fears, because it can lead one to more confusion.
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You are right trading is a profession because it requires knowledge and experience in trading.
And becoming a professional trader is not easy because it takes a long time to be able to have expertise in trading.
and of course it takes a lot of sacrifice of capital and time to be able to have expertise in trading
The pillars for trading are conscience plus experience, there is no doubt, but above all I would give importance to learning every day, that is what should move us, because experience can be acquired but we have to know what to do in different occasions when we enter an operation or how to operate in case some type of eventuality arises, for example right now it is highly recommended to buy btc and wait, at least until February because Ttrum when it is in power I am sure it can raise the price of btc due to the degree of confidence, of course it is my very personal expectation of the market.
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Holding crypto coins is like an investment that will either profit the coin owner or long gone. Instead of holding coin, one should go and make the necessary trading. Trading is risky, but the idea of holding the coins is riskier. So it's better to trade and avoid pressures resulting from fears, because it can lead one to more confusion.
Holding crypto is surely the same as investment. :D
If we hold good crypto coins, we should take good profits after we hold for few years.
I think trading is an optional, it is not a must to do. But trading is good to do, it can make us earning faster money. Trading surely has the risks but we can deal with the risks if we have the knowledge. So, we shouldn't be so afraid with the risks of trading. We only need to understand how to deal with the risks..
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Holding crypto coins is like an investment that will either profit the coin owner or long gone. Instead of holding coin, one should go and make the necessary trading. Trading is risky, but the idea of holding the coins is riskier. So it's better to trade and avoid pressures resulting from fears, because it can lead one to more confusion.
Holding crypto is surely the same as investment. :D
If we hold good crypto coins, we should take good profits after we hold for few years.
I think trading is an optional, it is not a must to do. But trading is good to do, it can make us earning faster money. Trading surely has the risks but we can deal with the risks if we have the knowledge. So, we shouldn't be so afraid with the risks of trading. We only need to understand how to deal with the risks..
If you cant be able to bare up with the risks involved when it comes to investing into cryptocurrencies then it will be that ideal for you to just simply hold up rather than on trying trade because it will really be that somewhat risky if you do have this kind of approach on things but of course you should be setting out some taking up profits because this is the primary reason on why we are here but if you are planning up to very long term or for years then this wont be an issue for you to mind on.Just take it slow on everything because if you do hurry up yourself on making money then you are really that prone into tons of mistakes.
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Holding crypto coins is like an investment that will either profit the coin owner or long gone. Instead of holding coin, one should go and make the necessary trading. Trading is risky, but the idea of holding the coins is riskier. So it's better to trade and avoid pressures resulting from fears, because it can lead one to more confusion.
Holding crypto is surely the same as investment. :D
If we hold good crypto coins, we should take good profits after we hold for few years.
I think trading is an optional, it is not a must to do. But trading is good to do, it can make us earning faster money. Trading surely has the risks but we can deal with the risks if we have the knowledge. So, we shouldn't be so afraid with the risks of trading. We only need to understand how to deal with the risks..
If you cant be able to bare up with the risks involved when it comes to investing into cryptocurrencies then it will be that ideal for you to just simply hold up rather than on trying trade because it will really be that somewhat risky if you do have this kind of approach on things but of course you should be setting out some taking up profits because this is the primary reason on why we are here but if you are planning up to very long term or for years then this wont be an issue for you to mind on.Just take it slow on everything because if you do hurry up yourself on making money then you are really that prone into tons of mistakes.
There will always be risk, especially in trading, the risk is higher than holding. However, for those who have good trading skills, they will choose to become traders rather than holders, it all depends on our respective abilities in managing the risks we will receive.
I also do both as a trader and holder because this way I can get profit to enlarge my crypto asset portfolio.
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Holding crypto coins is like an investment that will either profit the coin owner or long gone. Instead of holding coin, one should go and make the necessary trading. Trading is risky, but the idea of holding the coins is riskier. So it's better to trade and avoid pressures resulting from fears, because it can lead one to more confusion.
Holding crypto is surely the same as investment. :D
If we hold good crypto coins, we should take good profits after we hold for few years.
I think trading is an optional, it is not a must to do. But trading is good to do, it can make us earning faster money. Trading surely has the risks but we can deal with the risks if we have the knowledge. So, we shouldn't be so afraid with the risks of trading. We only need to understand how to deal with the risks..
If you cant be able to bare up with the risks involved when it comes to investing into cryptocurrencies then it will be that ideal for you to just simply hold up rather than on trying trade because it will really be that somewhat risky if you do have this kind of approach on things but of course you should be setting out some taking up profits because this is the primary reason on why we are here but if you are planning up to very long term or for years then this wont be an issue for you to mind on.Just take it slow on everything because if you do hurry up yourself on making money then you are really that prone into tons of mistakes.
There will always be risk, especially in trading, the risk is higher than holding. However, for those who have good trading skills, they will choose to become traders rather than holders, it all depends on our respective abilities in managing the risks we will receive.
I also do both as a trader and holder because this way I can get profit to enlarge my crypto asset portfolio.
To make a profit by training, we must gain a lot of experience. If we want to make a lot of money from trading very easily, we must do something good so that there is no possibility of loss from training. If we do not take risks sometimes, we cannot do anything good in life. That is why I am going to take risks to do something good so that I can do something good and make a lot of profit from this. I have decided to do what I have to do.
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My thoughts are exact opposite of yours, whenever I watch the price swings I get temptation to play my hand because it feels easy money in no times meanwhile holding is gradual increase over the years which is why I avoid looking at the price charts more often to control the urge of trading.
I am kind of afraid too because at anytime things can go wrong when playing with random coins so limited my trading capital to very minimal so even if I lose it doesn't bother me that much.
I think your thoughts about trading sounds emotional, and it look like your trading experiences is based on the future trading options which is why you are always afraid to check the market trends.
There are reasons why it is necessary to check the market often; first, checking the market as a day trader, or a future trader is important because of a sudden market dumps. checking the market is necessary to quickly close positions on the event of a huge Market sell off especially on the future trading options. You can also check the market if you are a high trading leverages that may likely lead to liquidation. notifications.
I think if you feel even a little bit afraid before you do an actual trade and you still do an activity here, I can say that this is a wrong decision. Because if you should do a trading activity, you should not feel worried, because it will interfere with our method of doing trading analysis for sure.
Which can give an effect that is not good results that we can lose profit here that instead of having it will be affected just because of this aspect of the matter.
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My thoughts are exact opposite of yours, whenever I watch the price swings I get temptation to play my hand because it feels easy money in no times meanwhile holding is gradual increase over the years which is why I avoid looking at the price charts more often to control the urge of trading.
I am kind of afraid too because at anytime things can go wrong when playing with random coins so limited my trading capital to very minimal so even if I lose it doesn't bother me that much.
I think your thoughts about trading sounds emotional, and it look like your trading experiences is based on the future trading options which is why you are always afraid to check the market trends.
There are reasons why it is necessary to check the market often; first, checking the market as a day trader, or a future trader is important because of a sudden market dumps. checking the market is necessary to quickly close positions on the event of a huge Market sell off especially on the future trading options. You can also check the market if you are a high trading leverages that may likely lead to liquidation. notifications.
I don't trade futures, used to be a day trader but not anymore so why should I keep checking the prices often when I have the complete belief on the coin I chose to trade. I set a goal price and I determined to hold until that price reach which is a typical mindset of mid to long term traders so where is the necessity to check the prices here?
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My thoughts are exact opposite of yours, whenever I watch the price swings I get temptation to play my hand because it feels easy money in no times meanwhile holding is gradual increase over the years which is why I avoid looking at the price charts more often to control the urge of trading.
I am kind of afraid too because at anytime things can go wrong when playing with random coins so limited my trading capital to very minimal so even if I lose it doesn't bother me that much.
I think your thoughts about trading sounds emotional, and it look like your trading experiences is based on the future trading options which is why you are always afraid to check the market trends.
There are reasons why it is necessary to check the market often; first, checking the market as a day trader, or a future trader is important because of a sudden market dumps. checking the market is necessary to quickly close positions on the event of a huge Market sell off especially on the future trading options. You can also check the market if you are a high trading leverages that may likely lead to liquidation. notifications.
I don't trade futures, used to be a day trader but not anymore so why should I keep checking the prices often when I have the complete belief on the coin I chose to trade. I set a goal price and I determined to hold until that price reach which is a typical mindset of mid to long term traders so where is the necessity to check the prices here?
Checking prices at all times is done by daily traders, if you are not a daily trader you don't need to do it. In investing in crypto we can be medium and long term holders, but if we have knowledge, experience and skills and trade we can become a daily trader.
All are adjusted to our method of investing.
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My thoughts are exact opposite of yours, whenever I watch the price swings I get temptation to play my hand because it feels easy money in no times meanwhile holding is gradual increase over the years which is why I avoid looking at the price charts more often to control the urge of trading.
I am kind of afraid too because at anytime things can go wrong when playing with random coins so limited my trading capital to very minimal so even if I lose it doesn't bother me that much.
I think your thoughts about trading sounds emotional, and it look like your trading experiences is based on the future trading options which is why you are always afraid to check the market trends.
There are reasons why it is necessary to check the market often; first, checking the market as a day trader, or a future trader is important because of a sudden market dumps. checking the market is necessary to quickly close positions on the event of a huge Market sell off especially on the future trading options. You can also check the market if you are a high trading leverages that may likely lead to liquidation. notifications.
I think if you feel even a little bit afraid before you do an actual trade and you still do an activity here, I can say that this is a wrong decision. Because if you should do a trading activity, you should not feel worried, because it will interfere with our method of doing trading analysis for sure.
Which can give an effect that is not good results that we can lose profit here that instead of having it will be affected just because of this aspect of the matter.
In doing trading we must have knowledge in conducting fundamental and technical analysis as the basis of trading knowledge and then formulate plans and strategies so that we can have a clear direction and target.
because trading requires experience and skills, so we must always practice in order to have accuracy in making strategies and predictions.
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Well if you are afraid of bears you don't go in the forest. The same applies with the trading too.
Your words are very short but they contain quite clear meaning. In essence, everything always contains risks. And if someone cannot take risks then he will never be able to move forward. But it's different from people who prefer low risk to high risk. So most will choose low risk. And as with holding bitcoin long term I think it's pretty low risk compared to those who trade it. Because in trading if we can't understand the market well then we won't make a profit unless it's just luck. So if we want to take high risks, it must be accompanied by thorough preparation, such as having insight and experience with market analysis. For example, if we want to enter the forest, we must be prepared with protective equipment in case a bear attacks.
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Well if you are afraid of bears you don't go in the forest. The same applies with the trading too.
Your words are very short but they contain quite clear meaning. In essence, everything always contains risks. And if someone cannot take risks then he will never be able to move forward. But it's different from people who prefer low risk to high risk. So most will choose low risk. And as with holding bitcoin long term I think it's pretty low risk compared to those who trade it. Because in trading if we can't understand the market well then we won't make a profit unless it's just luck. So if we want to take high risks, it must be accompanied by thorough preparation, such as having insight and experience with market analysis. For example, if we want to enter the forest, we must be prepared with protective equipment in case a bear attacks.
Long-term bitcoin holding has a smaller risk where if we buy during the bearish season two years ago and hold until next year is the right way. While in short-term or medium-term investment of course the risk is greater because in trading there is always a risk and with knowledge and experience we can manage the risk.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
I have studied several techniques and patterns in technical analysis to support my trading skills, but I am still afraid to trade in large amounts... I tend to want to play it safe and maintain my assets even though the growth is small. The bitter experience of trading made me start to feel hurt, and the sweet experience of holding that I did made it even more enthusiastic.... I am sure everyone has their own path, whether it is trading or holding....
Trading is not my expertise, but I am sure there are still many people out there who are good at trading and always win... until now I still prefer holding and I am the same as you, afraid of daily trading.
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Yes, I am afraid of trading and that's why I do holding. You do remember that "I AM HODLING" topic on Bitcointalk? It's pretty much same with me.
I think it's much simpler this way, as long as you play cycles and stick with prominent coins, you'll make money.
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Yes, I am afraid of trading and that's why I do holding. You do remember that "I AM HODLING" topic on Bitcointalk? It's pretty much same with me.
I think it's much simpler this way, as long as you play cycles and stick with prominent coins, you'll make money.
I have a hard time trading because I do not understand the fundamentals. I purchase coins, hold them, and only trade when there is a bull run, just like you. Since I am always certain to trade when a profit is guaranteed, my trading risk is lower. This is only beneficial to long-term traders, patient traders, and traders who do not rely solely on trading to generate income.
This is why I encourage traders to diversify their investments so that they are not overly focused on trading, monitoring the growth of a coin, and being tempted to trade when the time is not right. The best traders are patient traders, and a trader can only be patient if he has additional sources of income. This will keep him focused on those other sources while he waits for the bull run to trade if he so desires.
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Yes, I am afraid of trading and that's why I do holding. You do remember that "I AM HODLING" topic on Bitcointalk? It's pretty much same with me.
I think it's much simpler this way, as long as you play cycles and stick with prominent coins, you'll make money.
I have a hard time trading because I do not understand the fundamentals. I purchase coins, hold them, and only trade when there is a bull run, just like you. Since I am always certain to trade when a profit is guaranteed, my trading risk is lower. This is only beneficial to long-term traders, patient traders, and traders who do not rely solely on trading to generate income.
This is why I encourage traders to diversify their investments so that they are not overly focused on trading, monitoring the growth of a coin, and being tempted to trade when the time is not right. The best traders are patient traders, and a trader can only be patient if he has additional sources of income. This will keep him focused on those other sources while he waits for the bull run to trade if he so desires.
Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.
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Yes, I am afraid of trading and that's why I do holding. You do remember that "I AM HODLING" topic on Bitcointalk? It's pretty much same with me.
I think it's much simpler this way, as long as you play cycles and stick with prominent coins, you'll make money.
I have a hard time trading because I do not understand the fundamentals. I purchase coins, hold them, and only trade when there is a bull run, just like you. Since I am always certain to trade when a profit is guaranteed, my trading risk is lower. This is only beneficial to long-term traders, patient traders, and traders who do not rely solely on trading to generate income.
This is why I encourage traders to diversify their investments so that they are not overly focused on trading, monitoring the growth of a coin, and being tempted to trade when the time is not right. The best traders are patient traders, and a trader can only be patient if he has additional sources of income. This will keep him focused on those other sources while he waits for the bull run to trade if he so desires.
Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.
in trading we must be serious and always focus on what we are trading. By making analysis, developing strategies and always monitoring market movements and following trends. Trading is not easy but we can learn by always practicing., Because experience and knowledge are needed in trading.
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in trading we must be serious and always focus on what we are trading. By making analysis, developing strategies and always monitoring market movements and following trends. Trading is not easy but we can learn by always practicing., Because experience and knowledge are needed in trading.
Of course, we must be focused and serious when we are trading. Although we have good knowledge, it is difficult to succeed in trading if we can't focus and be serious. Trading requires serious efforts because it needs deep analysis. We must analyze the fundamental aspects of the coins, we must know the market trends, and we must know the updated news. However, if we are serious and always trying to improve our knowledge, it is possible to succeed in trading.
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Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.
Yes, really, trading is not easy, trading is very difficult. and the risk is also very high. I who trade in the spot market sometimes still often lose control and end up losing, let alone in leverage trading, uhhh I don't think I can do it. the emotional game is very thick and difficult for me to do and the risk is much higher.
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Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.
Yes, really, trading is not easy, trading is very difficult. and the risk is also very high. I who trade in the spot market sometimes still often lose control and end up losing, let alone in leverage trading, uhhh I don't think I can do it. the emotional game is very thick and difficult for me to do and the risk is much higher.
One of the main reasons on why trading is something that other people doesnt really that want to engage about it is just because not only having that knowledge but also it does have that chance that you will be able to find yourself on that condition of losing money on which it is of course indeed a part of dealing up with this volatile space. This is why at the moment that you do step your foot into this field then make it sure that you are at least wary into the actions that you are doing into. You cant really just dive in with trading without having some preparations in towards into the things that must be done or something that must do. Its always be that recommended that you do set up gradual improvement as you do go along.
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Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.
Yes, really, trading is not easy, trading is very difficult. and the risk is also very high. I who trade in the spot market sometimes still often lose control and end up losing, let alone in leverage trading, uhhh I don't think I can do it. the emotional game is very thick and difficult for me to do and the risk is much higher.
It's better to lose in the spot because you can recover the loss as long as you don't sell the asset you're holding. There is no such thing as liquidation in the spot, no matter what happens to the price, how many coins are held will still remain. So it's okay if we lose in the spot, we just don't sell until we think it will go up. For us to know, investors who bought Bitcoin at the peak of the last cycle are now profitable if they haven't sold it yet. So there's nothing to worry that much if you are not profitable yet.
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Long-term bitcoin holding has a smaller risk where if we buy during the bearish season two years ago and hold until next year is the right way. While in short-term or medium-term investment of course the risk is greater because in trading there is always a risk and with knowledge and experience we can manage the risk.
Managing risks in trading is not an easy task when compared to how we manage them when going for an investment in bitcoin. The risk involved in trading can be so derailing if care is not taken as to when compared to that of investing. Just by investing into bitcoin as the right time, you don’t need to worry much about what the potential outcome of your investment will be and also your mindset will be at rest. In trading, just within a short time, maybe a mistake or insufficient knowledge of the market can cause a big impact to your capital and can lose them all. The risk is manageable but not easy to come by the way it does when it comes to taking risk while investing in bitcoin.
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Managing risks in trading is not an easy task when compared to how we manage them when going for an investment in bitcoin. The risk involved in trading can be so derailing if care is not taken as to when compared to that of investing. Just by investing into bitcoin as the right time, you don’t need to worry much about what the potential outcome of your investment will be and also your mindset will be at rest. In trading, just within a short time, maybe a mistake or insufficient knowledge of the market can cause a big impact to your capital and can lose them all. The risk is manageable but not easy to come by the way it does when it comes to taking risk while investing in bitcoin.
Of course, it is always difficult to manage the risks. Moreover, it is about crypto investment, it is riskier than any other investment. But when we choose Bitcoin, it is safer because it is the number 1 coin in crypto. We even don't need too much analysis if we only want to invest in Bitcoin. But sure that we must know the right time for buying and selling the Bitcoin. It is not so difficult to know this, we must know the bearish and bullish season in crypto.
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Of course, it is always difficult to manage the risks. Moreover, it is about crypto investment, it is riskier than any other investment. But when we choose Bitcoin, it is safer because it is the number 1 coin in crypto. We even don't need too much analysis if we only want to invest in Bitcoin. But sure that we must know the right time for buying and selling the Bitcoin. It is not so difficult to know this, we must know the bearish and bullish season in crypto.
For traders who wish to invest in bitcoin, the bearish and bullish seasons are actually what count. As you said, it is not necessary to conduct a great deal of analysis. The amount available for the investment is what counts here, and this is particularly important so that the trader will not have to freak out after purchasing the coin during a bear market.
I coach a friend of mine who is not very knowledgeable about cryptocurrency. I always let him know which coin to buy, when to sell, and when to buy it. He is making money without having a thorough understanding of the cryptocurrency seasons. So, a cryptocurrency trader can be successful as long as they have someone who can constantly give them information about market trends.
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Managing risks in trading is not an easy task when compared to how we manage them when going for an investment in bitcoin. The risk involved in trading can be so derailing if care is not taken as to when compared to that of investing. Just by investing into bitcoin as the right time, you don’t need to worry much about what the potential outcome of your investment will be and also your mindset will be at rest. In trading, just within a short time, maybe a mistake or insufficient knowledge of the market can cause a big impact to your capital and can lose them all. The risk is manageable but not easy to come by the way it does when it comes to taking risk while investing in bitcoin.
Of course, it is always difficult to manage the risks. Moreover, it is about crypto investment, it is riskier than any other investment. But when we choose Bitcoin, it is safer because it is the number 1 coin in crypto. We even don't need too much analysis if we only want to invest in Bitcoin. But sure that we must know the right time for buying and selling the Bitcoin. It is not so difficult to know this, we must know the bearish and bullish season in crypto.
Yeah that's right. Bitcoin is the safest coin to invest among any other cryptocurrencies. If you are only investing in spot, you will have a very low risk. That's why it's best for beginners in trading. I also recommend to invest only with Bitcoin especially if you don't know how to look for a good coin. For me, if you have knowledge about the 4 year cycle of Bitcoin, you can be profitable. Accumulation is one of phases of that cycle, and if you know how to spot that, you can maximize your profit.
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Even I have some basic background, I don't trade at most times. Yes. I am scared and that's why my approach is different than the others who think that they'll be able to have a better ending with trading. Trading isn't easy, this requires a lot of patience and experience and as well as deep pockets. It is the reason why I choose not to trade although the actual deed is there but my approach is simply becoming an investor and I think it is what is paying off.
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Even I have some basic background, I don't trade at most times. Yes. I am scared and that's why my approach is different than the others who think that they'll be able to have a better ending with trading. Trading isn't easy, this requires a lot of patience and experience and as well as deep pockets. It is the reason why I choose not to trade although the actual deed is there but my approach is simply becoming an investor and I think it is what is paying off.
If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
no risk no money,everything in life is all about risk,you still holding the money one day it will be spent out,you just said it,there is nothing to be afraid of unless you don't have an idea of trading,as i said is all about loosing or gaining which is the risk behind it.
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Even I have some basic background, I don't trade at most times. Yes. I am scared and that's why my approach is different than the others who think that they'll be able to have a better ending with trading. Trading isn't easy, this requires a lot of patience and experience and as well as deep pockets. It is the reason why I choose not to trade although the actual deed is there but my approach is simply becoming an investor and I think it is what is paying off.
If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.
Soon, you'll become an expert on it and you'd definitely going to make it as a career. Those that have a lot of time doing trading as their main source of income. They are all saying that they are not an expert but look on how they're doing, they're able to make a lot of money from it because they know what they do and they have learned from all of their past experiences and that's how it went for many of them but not all of them became a successful trader.
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If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
You are right. We can choose investment if we can't do trading. Investment doesn't require a lot of time, we only need to know the right time for entry and exit. But we must be patient to hold the coins for some months or some years. People mostly hold the coins for 3-4 years.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.
If you always learn, you will be an expert someday. It must take time to be an expert, we won't be an expert suddenly. We must gain experiences to have a better ability in trading. But as long as we keep learning, it is very possible to be an expert someday in the future.
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Even I have some basic background, I don't trade at most times. Yes. I am scared and that's why my approach is different than the others who think that they'll be able to have a better ending with trading. Trading isn't easy, this requires a lot of patience and experience and as well as deep pockets. It is the reason why I choose not to trade although the actual deed is there but my approach is simply becoming an investor and I think it is what is paying off.
If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.
Soon, you'll become an expert on it and you'd definitely going to make it as a career. Those that have a lot of time doing trading as their main source of income. They are all saying that they are not an expert but look on how they're doing, they're able to make a lot of money from it because they know what they do and they have learned from all of their past experiences and that's how it went for many of them but not all of them became a successful trader.
Trader could neither be that a scalper, swing,day or something that do talks about difference in duration but in overall it was never been that easy. We would really be that all lying that there's no time that we are afraid on doing trading on which losing money is really that the real reason on why people do really get that afraid on dealing with it and this is something which is really that very normal since we are just human beings and we dont really want on losing money but since we are risking something to earn something then its a normal approach into this kind of situation.
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Even I have some basic background, I don't trade at most times. Yes. I am scared and that's why my approach is different than the others who think that they'll be able to have a better ending with trading. Trading isn't easy, this requires a lot of patience and experience and as well as deep pockets. It is the reason why I choose not to trade although the actual deed is there but my approach is simply becoming an investor and I think it is what is paying off.
If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.
- As traders, we always have two choices: long-term holders and short-term, but most of the time, they just go long-term because they want to be sure of profit, especially since we are in the bull season now.
That's why I'm currently cutting back on day trading, instead doing DCA or accumulation to be sure of bitcoin's bull run or rally when it starts to take off in the market. At least my altcoins holdings are ready anyway.
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- As traders, we always have two choices: long-term holders and short-term, but most of the time, they just go long-term because they want to be sure of profit, especially since we are in the bull season now.
That's why I'm currently cutting back on day trading, instead doing DCA or accumulation to be sure of bitcoin's bull run or rally when it starts to take off in the market. At least my altcoins holdings are ready anyway.
I am also just a long term holder, who buys top coins and holds them until bullish season.
but sometimes when the market is good I trade to profit from it.
so I do both but I focus more as a holder. because this is my expertise and in accordance with my job, I am too busy in the real world.
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I am also just a long term holder, who buys top coins and holds them until bullish season.
but sometimes when the market is good I trade to profit from it.
so I do both but I focus more as a holder. because this is my expertise and in accordance with my job, I am too busy in the real world.
I think we are the same. We hold Bitcoin for a long term, but we can trade when we have spare time. Sure, why don't to take profits whenever the price of a crypto coin achieving our target? ;) I'm sure almost every holder will do it, they will take profits immediately as long as they aren't greedy.
It is okay if you are still very busy with your jobs in real life. Investing and trading in crypto coins shouldn't bother our regular jobs in real life. I'm sure everyone will still rely on the real life jobs for monthly income.
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I am also just a long term holder, who buys top coins and holds them until bullish season.
but sometimes when the market is good I trade to profit from it.
so I do both but I focus more as a holder. because this is my expertise and in accordance with my job, I am too busy in the real world.
I think we are the same. We hold Bitcoin for a long term, but we can trade when we have spare time. Sure, why don't to take profits whenever the price of a crypto coin achieving our target? ;) I'm sure almost every holder will do it, they will take profits immediately as long as they aren't greedy.
It is okay if you are still very busy with your jobs in real life. Investing and trading in crypto coins shouldn't bother our regular jobs in real life. I'm sure everyone will still rely on the real life jobs for monthly income.
When you do have a main day job then you do plan to do trade then you can actually do it on which you can be able to make it as a side income then its considerable but on the time that you would be going full time then this is where you will really be making up such decision. It will really be that up to you whether you do really have that kind of hesitance when it comes to trading or you arent that prepared when it comes to losing money then this isnt really that something that you would be able to sustain. Find out another career on which it will really be that basing up into your preference because not all will really be that having that good approach.
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-As traders, we always have two choices: long-term holders and short-term, but most of the time, they just go long-term because they want to be sure of profit, especially since we are in the bull season now.
That's why I'm currently cutting back on day trading, instead doing DCA or accumulation to be sure of bitcoin's bull run or rally when it starts to take off in the market. At least my altcoins holdings are ready anyway.
If you are a trader, your option is for short term. But if you choose long term holding, it means you are investor. You don't make it the same between trader's goal and investor's goal. Someone becomes a trader because he wants to get profits as quick as possible, they don't aim to hold a long time.
If you want to do DCA, it means you are a long term investor. Doing DCA can't be in a short time, we gradually collect a crypto coin with DCA. Mostly we buy coin with a small fund when we do DCA.
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Even I have some basic background, I don't trade at most times. Yes. I am scared and that's why my approach is different than the others who think that they'll be able to have a better ending with trading. Trading isn't easy, this requires a lot of patience and experience and as well as deep pockets. It is the reason why I choose not to trade although the actual deed is there but my approach is simply becoming an investor and I think it is what is paying off.
If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.
Yeah when it comes to trading One needs idea and knowledge to be able to trade and if you don't have what it takes to start trading then just accumulate Bitcoin and hold, as a trader you need to have some features and One being positive you most be positive that you will succeed in this trading you are into, if you are not positive then you will keep losing, I know of someone who is a trader his very positive he always believe he will succeed in trading, as a trader if you believe you will lose them you will keep losing, and one other thing is for you to be consistent in trading some set of people when they start trading and they are losing money they stop trading, I have a friend when he started trading he was losing a lot of money so keep trading and now his gaining more than his losing and that was because he was consistent as a newbie into trading you most be consistent Because the more consistent you are the more knowledgeable you will become and the more knowledgeable you become in trading the more money you will get, experience is one thing that is needed if you want to make money in trading also.
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Yeah when it comes to trading One needs idea and knowledge to be able to trade and if you don't have what it takes to start trading then just accumulate Bitcoin and hold, as a trader you need to have some features and One being positive you most be positive that you will succeed in this trading you are into, if you are not positive then you will keep losing, I know of someone who is a trader his very positive he always believe he will succeed in trading, as a trader if you believe you will lose them you will keep losing, and one other thing is for you to be consistent in trading some set of people when they start trading and they are losing money they stop trading, I have a friend when he started trading he was losing a lot of money so keep trading and now his gaining more than his losing and that was because he was consistent as a newbie into trading you most be consistent Because the more consistent you are the more knowledgeable you will become and the more knowledgeable you become in trading the more money you will get, experience is one thing that is needed if you want to make money in trading also.
Knowledge is the main thing that we must have in trading. Even if we can have a good discipline, it will be nothing without good knowledge. We can minimize the losses and we can use stop-loss future, it is because we have knowledge. So, that's why newbies must focus on the knowledge firstly. Sadly, many people don't really care with knowledge, they think it can be easily obtained. But for the experience, it should be obtained when we already trade for many times.
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Knowledge is the main thing that we must have in trading. Even if we can have a good discipline, it will be nothing without good knowledge. We can minimize the losses and we can use stop-loss future, it is because we have knowledge.
Anyone can have that both for much better results. Of course it does not only for these 2 but the skills and strategy is needed that's why experience is much more important in trading.
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Trading is the best valuable earning way in cryptocurrency market. Because if we follow in cryptocurrency market, we can understand easily in important of trading system. But if we know about trading, i believe that we can earn huge profit from trading. But if we cannot understand in trading system, it will be best difficult for earning best profit from crypto currency market. So i believe that if we want to earn money from crypto currency market, we should understand in cryptocurrency world.
Trading is really the only final destination for us to convert the cryptocurrency we have acquired, because without trading, the crypto assets we acquire are useless.
That is why it is very important that we have knowledge about this matter, so that we do not always just do the seal
when trading in the crypto space that we are living in.
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Knowledge is the main thing that we must have in trading. Even if we can have a good discipline, it will be nothing without good knowledge. We can minimize the losses and we can use stop-loss future, it is because we have knowledge. So, that's why newbies must focus on the knowledge firstly. Sadly, many people don't really care with knowledge, they think it can be easily obtained. But for the experience, it should be obtained when we already trade for many times.
Yeah, trading isn’t like gambling where what you need the most is luck and the skills, experience and strategy is only needed to give the gambler some sort of a boost or added advantage. I’m trading, it’s quite the opposite, and that’s the actual difference between trading and gambling, for those who still argue that the both concepts are the same as one. The success of a trader is more dependent on the level of his skill, experience and strategy, how much he understands and able to navigate the market, so yes, that’s what traders should be concerned about first before considering other areas.
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Even I have some basic background, I don't trade at most times. Yes. I am scared and that's why my approach is different than the others who think that they'll be able to have a better ending with trading. Trading isn't easy, this requires a lot of patience and experience and as well as deep pockets. It is the reason why I choose not to trade although the actual deed is there but my approach is simply becoming an investor and I think it is what is paying off.
If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.
In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to. I am one of those people who rarely trades except on weekends. Or when I'm on holiday and have time to do it. Because trading requires focus and time.
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Afraid might not be the suitable term but rather just worried especially during a worst possible scenario.
I'm a type of guy that didn't afraid to go all-in or to put a decent amount in trading. But on the way, it's impossible for me not to feel the human nature of being worried too much on all of my coins/tokens that are currently on-trade or stake.
Being afraid is just common especially for newbies that totally didn't know what crypto is all about.
But as a newbie, do you just want to keep it that way or want to level up and advanced.
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In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to. I am one of those people who rarely trades except on weekends. Or when I'm on holiday and have time to do it. Because trading requires focus and time.
The point is we have to know our own limits, we have to implement good management of our finances if we want to trade. Enter money that has been prepared for trading. If in the middle of the road we feel not okay, then it is better to stop for a moment from the trade that is being done. This is the safest way, rather than having to continue trading with an uneasy mind. Trading must be in a very good condition and with a calm mind.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Involving yourself in something that will be beneficial to you and sometime it may also cause you lost is normal for someone to feel nervous about it, including trading too. But you have to get rid the fear and gather some courage to overcome all the difficulties and challenges. Trading is complicated, hard and risky, but I can assure you that with Zero fear, you will get to where you want to reach, and you will be a successful trader. There is possibility of losing your money and there is also the possibility of minimizing the risk. Holding is not a bad idea, but it also has disadvantages, what motivate you to be a holder, can also motivate you to be a successful trader.
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In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to.
Knowledge and experience are 2 main things in trading. But for me, knowledge is the most important one. If you have no sufficient knowledge, you can't trade with a proper way. Meanwhile experience, it can be obtained along with the more we do trading. If we keep trading, we will always get more experience. But for knowledge, we can't improve it if we have no certain way to enlarge our knowledge. That's why every trader needs to keep learning about everything related to trading. Even a professional trader, he still needs to keep learning. Anyway, if we have good knowledge, we mustn't follow FOMO because we know it is not the right way in trading.
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In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to.
Knowledge and experience are 2 main things in trading. But for me, knowledge is the most important one. If you have no sufficient knowledge, you can't trade with a proper way. Meanwhile experience, it can be obtained along with the more we do trading. If we keep trading, we will always get more experience. But for knowledge, we can't improve it if we have no certain way to enlarge our knowledge. That's why every trader needs to keep learning about everything related to trading. Even a professional trader, he still needs to keep learning. Anyway, if we have good knowledge, we mustn't follow FOMO because we know it is not the right way in trading.
good advice, if you suggest traders should always learn to seek knowledge because it is very important. With knowledge we can make the right analysis and skills can be obtained from experience by always practicing. that's what I've been doing in learning trading.
and I have enjoyed the results of my hard work learning trading.
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The most important thing in trading is to get rid of fear, otherwise you will never be able to profit from trading.
When it comes to trading, you must know a lot and learn a lot, otherwise you will definitely face losses when trading in new situations.
When it comes to trading, one must curb greed and control emotions, otherwise, there is a much higher chance of losses instead of profits.
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In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to. I am one of those people who rarely trades except on weekends. Or when I'm on holiday and have time to do it. Because trading requires focus and time.
Experience is not what is needed. Waiting to gain experience will be a long journey filled with poor trading decisions that will have a significant impact on the trader's finances. I would rather a trader learn from an expert because a lot of mistakes can be avoided if a new trader follows the advice of an experienced trader.
The advantage of this is that an expert has prior experience, and the new trader will not make the same mistakes that the expert did in his early years of trading. With this kind of background, the trader can build on it and will undoubtedly make good profits from trading.
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- In trading, the fear feeling will not go away for the majority of traders in this field of the crypto space. But for long-term holders of any crypto assets,
to minimize the risk, it is still the safest to hold.
Although there are still traders in the short-term who get profit most of the time with each passing day. But if you know for yourself that you can get passive income from trading, don't stop but continue.
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- In trading, the fear feeling will not go away for the majority of traders in this field of the crypto space. But for long-term holders of any crypto assets,
to minimize the risk, it is still the safest to hold.
Although there are still traders in the short-term who get profit most of the time with each passing day. But if you know for yourself that you can get passive income from trading, don't stop but continue.
the fear of losing will be there if we are not sure about the coins we have, so it is advisable to choose the top coins so that we do not lose, because the top coins have been proven, and the purchase when the price is still low. but if you buy now it seems difficult to avoid the risk because the price of the top coins is also high. A trader should have the right analysis and have the right strategy and plan. because if the analysis is wrong it will result in a loss.
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good advice, if you suggest traders should always learn to seek knowledge because it is very important. With knowledge we can make the right analysis and skills can be obtained from experience by always practicing. that's what I've been doing in learning trading.
and I have enjoyed the results of my hard work learning trading.
Improving knowledge is a must in any aspect of life, it is not only in trading. If you stop to improve knowledge, it means you will be left behind, everything is growing fast. In trading, we must have many strategies and we must know well the change in crypto market. It is needed to adjust our approach in crypto market. We must know that crypto market easily changes, so we are required to have better knowledge. This is also the sign of a hard worker, keeping knowledge is surely needed.
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good advice, if you suggest traders should always learn to seek knowledge because it is very important. With knowledge we can make the right analysis and skills can be obtained from experience by always practicing. that's what I've been doing in learning trading.
and I have enjoyed the results of my hard work learning trading.
Improving knowledge is a must in any aspect of life, it is not only in trading. If you stop to improve knowledge, it means you will be left behind, everything is growing fast. In trading, we must have many strategies and we must know well the change in crypto market. It is needed to adjust our approach in crypto market. We must know that crypto market easily changes, so we are required to have better knowledge. This is also the sign of a hard worker, keeping knowledge is surely needed.
It is said that there is no fixed time for acquiring knowledge and there is no limit to it. And if this had happened, then bitcoin investment would never have happened in our world, we would never have seen the crypto world and modern world that we see today. Because people have regularly acquired knowledge and increased their creative power and then we can see these modern technologies in the world now.
And in the case of trading, I think it is even more important to constantly increase knowledge because in this space, upgrades and updates come faster than in other sectors, and since money is involved, more importance needs to be given here.
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The most important thing in trading is to get rid of fear, otherwise you will never be able to profit from trading.
When it comes to trading, you must know a lot and learn a lot, otherwise you will definitely face losses when trading in new situations.
When it comes to trading, one must curb greed and control emotions, otherwise, there is a much higher chance of losses instead of profits.
It's not only fear that must get rid when you're trading. ALL OF YOUR EMOTIONS!!!
When you're trading, you need to disregard your emotions because as somebody that's been trading, and failing, I've experienced losing money just because my emotions got me. You will only feel it when you made a wrong position, choose to close it at a loss because you positioned at a wrong time and when you can't accept that lose, you will try to recover those losses, and that can lead to further losses because you just did an impulsive decision and trade.
Emotions must be removed when it comes to trading. If you lose some money, accept it. If you made some money, be contented with it and call it a day.
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The most important thing in trading is to get rid of fear, otherwise you will never be able to profit from trading.
When it comes to trading, you must know a lot and learn a lot, otherwise you will definitely face losses when trading in new situations.
When it comes to trading, one must curb greed and control emotions, otherwise, there is a much higher chance of losses instead of profits.
Good Advice, because if you stay in crypto you need to learn to control emotional because your funds will suddenly be damaged and suddenly your funds will rise at double rate. Most new investors fall into big losses when they invest in short knowledge. Again, when he follows anyone by trading because you need to have a lot of experience to do trading. From my personal qualifications i can say that crypto will have less temptation to be less affected by profit. If you want to 100x after the price of a coin is 2-3x, then it will be foolish.
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The most important thing in trading is to get rid of fear, otherwise you will never be able to profit from trading.
When it comes to trading, you must know a lot and learn a lot, otherwise you will definitely face losses when trading in new situations.
When it comes to trading, one must curb greed and control emotions, otherwise, there is a much higher chance of losses instead of profits.
Good Advice, because if you stay in crypto you need to learn to control emotional because your funds will suddenly be damaged and suddenly your funds will rise at double rate. Most new investors fall into big losses when they invest in short knowledge. Again, when he follows anyone by trading because you need to have a lot of experience to do trading. From my personal qualifications i can say that crypto will have less temptation to be less affected by profit. If you want to 100x after the price of a coin is 2-3x, then it will be foolish.
Fear will make the knowledge we have disappear, because our focus will be on fear which will definitely destroy all the skills we have.
If you are still afraid, it would be better to practice a lot first to increase your self-confidence so you can control the fear. Because it is impossible for us to eliminate it because it is actually a natural trait that we have.
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I still don't consider myself qualified to trade because I still have many flaws that are not applicable to trading. I haven't given myself the ability to control my emotions, I'm failing to control my greed, and I don't know how to trade. It is mandatory to first acquire the important features of training and some general knowledge. After acquiring that knowledge, only if you have the ability to control yourself from all kinds of bad influences can you trade. Because of this, I don't consider myself qualified to trade yet and I always find myself afraid to trade.
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at first I was the same as you, it is better to hold coins until a certain target, but with time and knowledge gained from this forum, the telegram group that I follow, they predominantly apply sell 70% hold 30% of income like airdtop or bounty, but if you really invest in top coins, hold more for the target, if we don't try then we won't get the trading knowledge we are looking for, while learning while practicing,
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at first I was the same as you, it is better to hold coins until a certain target, but with time and knowledge gained from this forum, the telegram group that I follow, they predominantly apply sell 70% hold 30% of income like airdtop or bounty, but if you really invest in top coins, hold more for the target, if we don't try then we won't get the trading knowledge we are looking for, while learning while practicing,
That is only the problem we don't try trading, because we can't learn how to trade. But we really have to accept that your trading journey will not be easy. Because even if you follow your strategy, there are times that you really can't follow it, that even though you know you shouldn't get emotional when we trade, we don't realize that we're getting carried away. So you really need a long back test to make sure that your strategy really works so that if you use it in a real account, there is a high chance that you will be profitable.
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at first I was the same as you, it is better to hold coins until a certain target, but with time and knowledge gained from this forum, the telegram group that I follow, they predominantly apply sell 70% hold 30% of income like airdtop or bounty, but if you really invest in top coins, hold more for the target, if we don't try then we won't get the trading knowledge we are looking for, while learning while practicing,
That is only the problem we don't try trading, because we can't learn how to trade. But we really have to accept that your trading journey will not be easy. Because even if you follow your strategy, there are times that you really can't follow it, that even though you know you shouldn't get emotional when we trade, we don't realize that we're getting carried away. So you really need a long back test to make sure that your strategy really works so that if you use it in a real account, there is a high chance that you will be profitable.
Yes, trading does take time, effort, and practice in order for a trader to fully realize the patterns of the market in question and properly try out various strategies that can be employed. It is not rare to get carried away by emotions when already in the process to find out that one has to remain cool and follow the plan made. It is much safer to test numerous trials through simulations, correct settings of skills and strategies, and assessment of real-life results of the strategy through simulate but still realistic accounts. The greater the practising and the evaluation of results, the higher are the probabilities of obtaining more stable positive results in the future. The main idea is to be persistent and never give up and be eager to learn in everything one does.
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I still don't consider myself qualified to trade because I still have many flaws that are not applicable to trading. I haven't given myself the ability to control my emotions, I'm failing to control my greed, and I don't know how to trade. It is mandatory to first acquire the important features of training and some general knowledge. After acquiring that knowledge, only if you have the ability to control yourself from all kinds of bad influences can you trade. Because of this, I don't consider myself qualified to trade yet and I always find myself afraid to trade.
You have plenty of time to learn a lot in this market, including project analysis or technical analysis, while capital management and psychology are also extremely important. Stay calm and prepare well before you dive deep into this market, protect your capital well so you can invest and generate more profits in the future.
I am also afraid of trading, I do not have enough capacity and time to continuously monitor the market and execute many buy-sell orders. Trader is the profession I am aiming for and I am also learning from trading experts as well as members on the AltcoinsTalks forum.
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at first I was the same as you, it is better to hold coins until a certain target, but with time and knowledge gained from this forum, the telegram group that I follow, they predominantly apply sell 70% hold 30% of income like airdtop or bounty, but if you really invest in top coins, hold more for the target, if we don't try then we won't get the trading knowledge we are looking for, while learning while practicing,
That is only the problem we don't try trading, because we can't learn how to trade. But we really have to accept that your trading journey will not be easy. Because even if you follow your strategy, there are times that you really can't follow it, that even though you know you shouldn't get emotional when we trade, we don't realize that we're getting carried away. So you really need a long back test to make sure that your strategy really works so that if you use it in a real account, there is a high chance that you will be profitable.
This is what is called trading requires experience and good emotional management. because greed will interfere with our focus on the initial target. And this can cause losses. sometimes our strategy is also not right and experiences defeat. and that's all the risk in trading if you lack knowledge and experience.
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This is what is called trading requires experience and good emotional management. because greed will interfere with our focus on the initial target. And this can cause losses. sometimes our strategy is also not right and experiences defeat. and that's all the risk in trading if you lack knowledge and experience.
Greed is a serious challenge in trading. Even we have good knowledge and experience, it is not impossible if we may feel greedy sometimes. But for the traders who have knowledge and experience, they can be easier to control the greed. It is because they will try to think realistically by doing analysis and research. We also sometimes must consider the risks before we make too high targets for the profits.
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In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to. I am one of those people who rarely trades except on weekends. Or when I'm on holiday and have time to do it. Because trading requires focus and time.
Trading requires hard work and dedication, selflessness and Contentment and it also need time and attention, if someone wants to be a trader the person will have enough time to work, focus and paying proper attention on the market. It is easy to differentiate between an experienced trader with newbie trader, because even from their characteristics you will be able to tell that this is an experienced or professional trader and this is a beginner trader. Professional traders have more experience than beginner traders, and it helps them to make informed decisions, manage risks, and it also help them to manage and control their emotions, and it also help them to manage their time effectively and their resources wisely. Professional traders are proactive and effective in pursuing their goals and they are able to grab every opportunity by turning it into the reality.
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This is what is called trading requires experience and good emotional management. because greed will interfere with our focus on the initial target. And this can cause losses. sometimes our strategy is also not right and experiences defeat. and that's all the risk in trading if you lack knowledge and experience.
Greed is a serious challenge in trading. Even we have good knowledge and experience, it is not impossible if we may feel greedy sometimes. But for the traders who have knowledge and experience, they can be easier to control the greed. It is because they will try to think realistically by doing analysis and research. We also sometimes must consider the risks before we make too high targets for the profits.
Very serious indeed but actually it can really be that controlled if you are really just that mindful or sensible towards into the actions that you are making and not really just that making yourself getting afraid.Its normal normal that you do have that hesitance because of lacking knowledge but if you wont really be that trying to push yourself then you wont really be learn anything. This is why at the time that you deal up with something then you do need up to learn it first on which of course it will be that in accordance on your engagement or dealing up with. There are really just that conditions or situations that really be challenging on which its normal but everything does have solutions and ways.
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Greed is a serious challenge in trading. Even we have good knowledge and experience, it is not impossible if we may feel greedy sometimes. But for the traders who have knowledge and experience, they can be easier to control the greed. It is because they will try to think realistically by doing analysis and research. We also sometimes must consider the risks before we make too high targets for the profits.
Market is not a place to be greedy.
It's a place where one gives, and other looses - so in order to be on the bright side of things, it's wise to fix what is already earned than to await more X's to come 8)
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In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to. I am one of those people who rarely trades except on weekends. Or when I'm on holiday and have time to do it. Because trading requires focus and time.
Trading requires hard work and dedication, selflessness and Contentment and it also need time and attention, if someone wants to be a trader the person will have enough time to work, focus and paying proper attention on the market. It is easy to differentiate between an experienced trader with newbie trader, because even from their characteristics you will be able to tell that this is an experienced or professional trader and this is a beginner trader. Professional traders have more experience than beginner traders, and it helps them to make informed decisions, manage risks, and it also help them to manage and control their emotions, and it also help them to manage their time effectively and their resources wisely. Professional traders are proactive and effective in pursuing their goals and they are able to grab every opportunity by turning it into the reality.
Yes, that's right. And that dedication is the hardest to get. Because I am sure that those who have become professional traders today, at first they had many bitter experiences during their initial trading. They also definitely experienced a lot of losses at the beginning of their learning in trading on the market. It's just that they didn't give up and continued to study and learn from these mistakes. So that they understand the market better and in the end are able to become traders who are more consistent in making profits. Even in my country there are several young people who have become billionaires from their profession as traders. But they say that to achieve this requires totality in learning the trade itself.
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I still don't consider myself qualified to trade because I still have many flaws that are not applicable to trading. I haven't given myself the ability to control my emotons, I'm failing to control my greed, and I don't know how to trade. It is mandatory to first acquire the important features of training and some general knowledge. After acquiring that knowledge, only if you have the ability to control yourself from all kinds of bad influences can you trade. Because of this, I don't consider myself qualified to trade yet and I always find myself afraid to trade.i
If you are scared of trading, it's better that you stay away from it and be a hodler. Hodli is easy as long as you are someone with patience and discipline. I don't like trading, and I don't have the zeal to learn it because of the stress and it's time consuming. I have a job, and I prefer to buy bitcoin an hodli.
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Before we enter into crypto trading, we must know the risks that we will get. Profit or loss will definitely be experienced, must be mentally strong and continue to learn from time to time to strengthen our mentality. Because in crypto trading the risk is very high.
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at first I was the same as you, it is better to hold coins until a certain target, but with time and knowledge gained from this forum, the telegram group that I follow, they predominantly apply sell 70% hold 30% of income like airdtop or bounty, but if you really invest in top coins, hold more for the target, if we don't try then we won't get the trading knowledge we are looking for, while learning while practicing,
That is only the problem we don't try trading, because we can't learn how to trade. But we really have to accept that your trading journey will not be easy. Because even if you follow your strategy, there are times that you really can't follow it, that even though you know you shouldn't get emotional when we trade, we don't realize that we're getting carried away. So you really need a long back test to make sure that your strategy really works so that if you use it in a real account, there is a high chance that you will be profitable.
This is what is called trading requires experience and good emotional management. because greed will interfere with our focus on the initial target. And this can cause losses. sometimes our strategy is also not right and experiences defeat. and that's all the risk in trading if you lack knowledge and experience.
keep up the spirit of seeking knowledge in trading, lots of knowledge with minimal risk, patience and precision must also be cultivated so that the desire to get more than the standard (greed) can be avoided, it is better to get a small but certain profit, looking for a big profit but zonk
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Before we enter into crypto trading, we must know the risks that we will get. Profit or loss will definitely be experienced, must be mentally strong and continue to learn from time to time to strengthen our mentality. Because in crypto trading the risk is very high.
Yes, this is also what can make us really aware before entering the world of trading, whether we can really accept and be ready for all the risks or not. We can't just hope for the profits, but on the other hand we must also be ready for all the risks. That's why, we really have to be in a well-prepared condition before trading crypto, whether in terms of preparing knowledge about crypto trading, about emotional management, about risk management, and how we manage our finances. Because after all, trading is different from gambling. This is a serious thing, that's why many people think twice when they are going to do trading.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
While talking about this,i think almost everybody is basically scared of trading whether we believe it of not.
No one wishes to incure losses at all while trafing.A normal investor while trading checks the market charts to see how it’s going even if he claims that this particular investment move would hit cloud peak.That little atom of fear just sits there anticipating whether profits would be maximized or whether losses might be incurred.
I doubt if there is entirely a cure to this prevailing issue;or is there?i doubt still.i think we could maximize this fear however by being careful of the decisions we make while trading.Make your own researches as learning particularly never ends.
From the last paragraph; i actually dont think no one is critically prepared to be thatfully equipped risk-free trader.If you feel scared to make trading decisions, you’d proply sit on that spot just watching the market scale through until its late to take a spot and make these investments decis.
However;i think it’s up to the investor to determine whether or not he wishes to trade or not.Before we enter into crypto trading, we must know the risks that we will get. Profit or loss will definitely be experienced, must be mentally strong and continue to learn from time to time to strengthen our mentality. Because in crypto trading the risk is very high.
Yeahh.
Particularly all tradings too pertains risk whether crypto,forex or whatsoever and you have to prepare yourself mentally cause if you think you made one loss and the world feels like its on your head,it hasn’t even started yet cause the future still holds a bucket of losses waiting.Most important thing is to learnn to mitigate these losses by making good investments decisions even though it doesn’t fully assure of the outcome, be sure to make your decisions critically thought about.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.
Trading you see is a very hard and difficult task, a lot of people think trading is easy but it determines a lot, patience, consistency, focus , risk management and discipline. Trading is not just something you wake up a day and say I want to be a trader you will need enough knowledge and better understanding. Fear, a lot of traders are afraid to lose money most especially the newbie to the market and risk is a very high probability of getting success.
Many traders are afraid of losing money and also they are afraid to risk it and without risk you won’t be a profitable trader. Having a better and more understanding about the market will give you more confidence and reduce your lose. Knowledge is the key, with knowledge you will avoid unnecessary loss and aim for bigger profit.
So being afraid to trade is a trauma every trader undergoes cause seeing your capital reducing or rising will be emotionally draining, so being afraid can be said to be a phase each trader undergoes you just have to overcome it.
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Trading you see is a very hard and difficult task, a lot of people think trading is easy but it determines a lot, patience, consistency, focus , risk management and discipline. Trading is not just something you wake up a day and say I want to be a trader you will need enough knowledge and better understanding. Fear, a lot of traders are afraid to lose money most especially the newbie to the market and risk is a very high probability of getting success.
Many traders are afraid of losing money and also they are afraid to risk it and without risk you won’t be a profitable trader. Having a better and more understanding about the market will give you more confidence and reduce your lose. Knowledge is the key, with knowledge you will avoid unnecessary loss and aim for bigger profit.
So being afraid to trade is a trauma every trader undergoes cause seeing your capital reducing or rising will be emotionally draining, so being afraid can be said to be a phase each trader undergoes you just have to overcome it.
There are many things which need to be done before immersing oneself into these trading platforms, this is because every decision that is made, is what determines the profits earned. It is normal to feel and fear and doubt for there are market conditions that are not very conducive to the manner by which they are expected to perform. It is the manner in which we deal with the feelings and stay positive with the strategy that we are implementing. Like Business risks, some risks are inevitable. Therefore, having a vast perspective can help minimise possibilities of making hasty decisions. As time goes by, one becomes accustomed to different challenges in trading, and every action he makes will depend less on the heat of the moment.
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Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.
It shouldn't be a question of capital - the % regarding the potential PNL would remain the same.
A person should start small, and grow their portfolio naturally, managing the risks. That's when the fear wouldn't be a problem.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.
- Trading is not really easy in terms of getting profit, it's easy to buy and sell but when you analyze the actual trade in the chart exchange,
this is where the problem arises.
Especially if you have no idea about the trading strategies used here, so this can really make you feel afraid, especially if you are not that deep in the crypto space.
That's why it's important to study it correctly.
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Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.
Before entering crypto trading, we must know the big risks that we will experience. So that feeling of fear must disappear, because if the fear continues to exist, our trading activities will certainly not be able to focus. Fear will certainly make us afraid to take action, and of course that is not good in crypto trading.
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Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.
Before entering crypto trading, we must know the big risks that we will experience. So that feeling of fear must disappear, because if the fear continues to exist, our trading activities will certainly not be able to focus. Fear will certainly make us afraid to take action, and of course that is not good in crypto trading.
Very normal that we would really be having that that kind of fear specially when we are really just that starting and thats normal but on the moment that we do able to gain up experience and knowledge then this is where we do make our mindset and emotions a little bit more stiffer as the things goes passin by. We do know that when it comes into this aspect on which at the time that we do become that knowledgeable then we do have that kind of confidence on which this will really be the usual stuff that you will be able to feel out on the right moment or time.
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Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.
Before entering crypto trading, we must know the big risks that we will experience. So that feeling of fear must disappear, because if the fear continues to exist, our trading activities will certainly not be able to focus. Fear will certainly make us afraid to take action, and of course that is not good in crypto trading.
Yes, fear in trading sometimes also brings bad results. Examples include FOMO (Fear of Missing Out). But controlled fear can also be very useful in making us more careful before acting. But if the fear is excessive then we will never be able to start trading. Because we will be afraid to try. While trading requires courage to start.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
We track the price of a coin repeatedly after investing in it. Because we love to do that. And here, of course, there is a matter of fear. We keep watching the price of that investment coin again and again because we fear too much loss. And this is normal because we have very little ability to accept financial loss. It is normal but those who can control this fear and make strong holdings can make huge profits and they are successful.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
We track the price of a coin repeatedly after investing in it. Because we love to do that. And here, of course, there is a matter of fear. We keep watching the price of that investment coin again and again because we fear too much loss. And this is normal because we have very little ability to accept financial loss. It is normal but those who can control this fear and make strong holdings can make huge profits and they are successful.
Yes, when we invest in a currency to hold it, we wait for the price of this currency to increase. When will we be able to make a good profit from the currency we hold. Yes, of course there is a fear of price increase and a risk of loss. But we lose patience due to fear, so we sell it after a small increase in price. So we cannot move forward. We have to be patient so that we can make a good profit from the currency we have invested in and be successful. If we invest in a currency with this thought, then maybe we can be successful...
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Greed is a serious challenge in trading. Even we have good knowledge and experience, it is not impossible if we may feel greedy sometimes. But for the traders who have knowledge and experience, they can be easier to control the greed. It is because they will try to think realistically by doing analysis and research. We also sometimes must consider the risks before we make too high targets for the profits.
Very serious indeed but actually it can really be that controlled if you are really just that mindful or sensible towards into the actions that you are making and not really just that making yourself getting afraid.Its normal normal that you do have that hesitance because of lacking knowledge but if you wont really be that trying to push yourself then you wont really be learn anything.
Yes, that's right, the key is how we are able to control it all, in this case, it is indeed very necessary to have very good emotional control, including controlling every feeling of panic experienced, greed, excessive worry, and so on. Therefore, emotional management and control are also important factors in cryptocurrency trading to minimize the existing risks.
Therefore, it is necessary to have a good understanding and knowledge about crypto trading to minimize the occurrence of loss control of emotion. One of them is by managing the strategy for SL and TP settings, if trading is done daily, especially.
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Greed is a serious challenge in trading. Even we have good knowledge and experience, it is not impossible if we may feel greedy sometimes. But for the traders who have knowledge and experience, they can be easier to control the greed. It is because they will try to think realistically by doing analysis and research. We also sometimes must consider the risks before we make too high targets for the profits.
Very serious indeed but actually it can really be that controlled if you are really just that mindful or sensible towards into the actions that you are making and not really just that making yourself getting afraid.Its normal normal that you do have that hesitance because of lacking knowledge but if you wont really be that trying to push yourself then you wont really be learn anything.
Yes, that's right, the key is how we are able to control it all, in this case, it is indeed very necessary to have very good emotional control, including controlling every feeling of panic experienced, greed, excessive worry, and so on. Therefore, emotional management and control are also important factors in cryptocurrency trading to minimize the existing risks.
Therefore, it is necessary to have a good understanding and knowledge about crypto trading to minimize the occurrence of loss control of emotion. One of them is by managing the strategy for SL and TP settings, if trading is done daily, especially.
You would really be able to adjust accordingly when it comes into this matter on which at the moment that you had been able to make yourself that engage with this volatile space and do able to know at least on what are the mistakes that you have done then its impossible that you wont be able to learn up something out of those mistakes and you would really be able to avoid it out on next time. Getting afraid is normal but doesnt mean that this will be the reason that you would be stopping yourself on becoming that a good and profitable trader. Challenges are just that normal but once you do overcome it then trading skill is something which will be that helpful for you.
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Of course you are right, there are more of investors than the traders due to numerous considerations involved in-between.
Trading is highily required of skills to manage your risk of lost and due to the unpredictable market price rates, trading would require more of capitals because you might be on the lost line in the first phase or so, so you will need to have a backup funds to regulate your trading in other to stay active while watching the trade lines based on your trading strategies.
It as well requires computational devices to keep the market on track.
While investment could be all good with the basic understanding of hodling and setting up an investment goal and optional to the adaptation of the DCAs. That is for Investors who tends to keep buying to increase their portfolios.
And most importantly to the awareness of investors is to note that investing on Bitcoin is not a get quick rich investment but better to achieve if set on long term investment.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
We track the price of a coin repeatedly after investing in it. Because we love to do that. And here, of course, there is a matter of fear. We keep watching the price of that investment coin again and again because we fear too much loss. And this is normal because we have very little ability to accept financial loss. It is normal but those who can control this fear and make strong holdings can make huge profits and they are successful.
The more often we look at our prices and portfolios, the more we will be afraid. In addition, we who plan long-term investments, should be ready for all the risks.
Especially when we invest in bitcoin, what should happen is that we can suppress that fear. Not become a very big fear. If that happens, then there is something wrong with our investment method.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
We track the price of a coin repeatedly after investing in it. Because we love to do that. And here, of course, there is a matter of fear. We keep watching the price of that investment coin again and again because we fear too much loss. And this is normal because we have very little ability to accept financial loss. It is normal but those who can control this fear and make strong holdings can make huge profits and they are successful.
The more often we look at our prices and portfolios, the more we will be afraid. In addition, we who plan long-term investments, should be ready for all the risks.
Especially when we invest in bitcoin, what should happen is that we can suppress that fear. Not become a very big fear. If that happens, then there is something wrong with our investment method.
When we don't have confidence in our strategies and plans, that's what we usually do. We always focus on the chart and we always check how much profit we have. This is often done by those who are new to crypto investing. It's normal that we focus on the screen because of excitement, but what we don't know is that it has a big impact on our trust in our strategy and plan, so avoid this habit so that we can develop a good reaction to what's happening in the market which could really help to enhance our vision.
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As we see history the investor make money from holding instead of trading and it is true trader can make money today but day after Tomorrow will get loss high compare to profit and accordingly capital decrease.
So be investor and tention free life.
As you may know, it also on records that those who make profit one day and the next two days surfer losses are commonly found among newbies traders, the most experienced traders can not make profit today and Lose the next days as you said.
I am a trader both on day and swing trading options, i hardly encounter this losses outcome, if i hit my profit, I don't surfer losses after two days.
You see, many of those who suffer such losses could be noticed on the margin and future traders who over leverage their positions, that is, talking a high risks in attempts to earn big profits.
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As you may know, it also on records that those who make profit one day and the next two days surfer losses are commonly found among newbies traders, the most experienced traders can not make profit today and Lose the next days as you said.
I am a trader both on day and swing trading options, i hardly encounter this losses outcome, if i hit my profit, I don't surfer losses after two days.
You see, many of those who suffer such losses could be noticed on the margin and future traders who over leverage their positions, that is, talking a high risks in attempts to earn big profits.
Profit on the other hand is a boost in our investment and it will produce positive emergy so that we are more confident in what we have tried so that it can be sustainable. but many of us also want to make big profits in an instant but do not want to combine several things that make their trading decisions right. If the situation continues like that, he has no choice but to continue adding capital if not he will stagnate.
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As you may know, it also on records that those who make profit one day and the next two days surfer losses are commonly found among newbies traders, the most experienced traders can not make profit today and Lose the next days as you said.
I am a trader both on day and swing trading options, i hardly encounter this losses outcome, if i hit my profit, I don't surfer losses after two days.
You see, many of those who suffer such losses could be noticed on the margin and future traders who over leverage their positions, that is, talking a high risks in attempts to earn big profits.
Profit on the other hand is a boost in our investment and it will produce positive emergy so that we are more confident in what we have tried so that it can be sustainable. but many of us also want to make big profits in an instant but do not want to combine several things that make their trading decisions right. If the situation continues like that, he has no choice but to continue adding capital if not he will stagnate.
Many new traders really want to get the big bag so fast and trading is not like that, not only trading so many things are same way. Trading needs consistency, patient and knowledge. The more knowledgeable you are the more successful you will be that just the true fact, most new traders after having little knowledge about trading they rush into their real account and make use of it and will end up in loss, they really don’t know the use of demo account Are for making strategy and making use of the knowledge you know and apply it there and check if it really worked before using real account.
Trading is not a one time deal, it really deserves a lot to hit the big bag and knowledge is the key so pushing things more hard and harder won’t make it worth it just patience and understanding the market will provide you better results and better opportunities. So this an advice for new traders the game is win and loss, if you are winning keep pushing, if losing keep pushing some days the big big will definitely come. Taking little profits is better than loss.
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The more often we look at our prices and portfolios, the more we will be afraid. In addition, we who plan long-term investments, should be ready for all the risks.
Especially when we invest in bitcoin, what should happen is that we can suppress that fear. Not become a very big fear. If that happens, then there is something wrong with our investment method.
When we don't have confidence in our strategies and plans, that's what we usually do. We always focus on the chart and we always check how much profit we have. This is often done by those who are new to crypto investing. It's normal that we focus on the screen because of excitement, but what we don't know is that it has a big impact on our trust in our strategy and plan, so avoid this habit so that we can develop a good reaction to what's happening in the market which could really help to enhance our vision.
You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.
We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.
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The more often we look at our prices and portfolios, the more we will be afraid. In addition, we who plan long-term investments, should be ready for all the risks.
Especially when we invest in bitcoin, what should happen is that we can suppress that fear. Not become a very big fear. If that happens, then there is something wrong with our investment method.
When we don't have confidence in our strategies and plans, that's what we usually do. We always focus on the chart and we always check how much profit we have. This is often done by those who are new to crypto investing. It's normal that we focus on the screen because of excitement, but what we don't know is that it has a big impact on our trust in our strategy and plan, so avoid this habit so that we can develop a good reaction to what's happening in the market which could really help to enhance our vision.
You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.
We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.
It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.
There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.
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It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.
There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.
It is understandable to be afraid of trading because money is involved, but I believe that a trader should be prepared to lose before tracing. This understanding will reduce the trader's fear. The market cannot see the trader's emotions, so instead of being afraid, the trader should make an effort to study the market and profit.
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It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.
There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.
It is understandable to be afraid of trading because money is involved, but I believe that a trader should be prepared to lose before tracing. This understanding will reduce the trader's fear. The market cannot see the trader's emotions, so instead of being afraid, the trader should make an effort to study the market and profit.
There is no such person who does not have feelings. All of us with a rational mind are afraid when trading because money is involved. We worked hard for it, so if we only have a little money, we will be really nervous if we trade. It is also true that the market does not see our emotions so we must adjust to the market, we must know how to control our emotions because it is a big factor to become profitable.
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It is understandable to be afraid of trading because money is involved, but I believe that a trader should be prepared to lose before tracing. This understanding will reduce the trader's fear. The market cannot see the trader's emotions, so instead of being afraid, the trader should make an effort to study the market and profit.
Yes, everyone must feel worried when they use the money. Moreover if the chance to lose the money is quite high. But if we choose the profession to be a trader, we must be ready to lose the money at any time. We must prepare our mentality as a trader, we can't to have weak mentality. The result of trading will be always 2 things (profits and losses). Even if it is human nature to fee worried or afraid but we must deal with them because trading is our profession. We must believe it can be handled if we have good knowledge.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
I once wa afraid of trading until I tried it and saw that it wasn't actually as bad as it was said to be. Yea there are loss and wins, so long you are able to minimise your loss and apply proper risk management, then trading might go a long way for you. Holding requires less skill, and remember not all cryptocurrency you are meant to hold. Hold only coins that make a good market cap and have potentials.
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You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.
We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.
It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.
There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.
Yes, it is better to stop, or at least take a break for a while so that the fear disappears.
Self-confidence is once again very important, but we must also have a reason for our self-confidence, as I said before. Because excessive self-confidence can also be a problem, because if it is like that, then it is not self-confidence but greed.
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You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.
We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.
It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.
There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.
Yes, it is better to stop, or at least take a break for a while so that the fear disappears.
Self-confidence is once again very important, but we must also have a reason for our self-confidence, as I said before. Because excessive self-confidence can also be a problem, because if it is like that, then it is not self-confidence but greed.
Fear will make us not have the courage to take the opportunity to invest, sometimes there is doubt when we want to make a decision that also has an effect.
If you are afraid, you should stop, I agree with you. Do research and analysis so that we do not experience fear, and experience is very much needed at this time
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You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.
We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.
It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.
There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.
Yes, it is better to stop, or at least take a break for a while so that the fear disappears.
Self-confidence is once again very important, but we must also have a reason for our self-confidence, as I said before. Because excessive self-confidence can also be a problem, because if it is like that, then it is not self-confidence but greed.
If we take a break from trading because of many losses, we need to avoid looking at the chart first and focus on things that can make us happy such as traveling or vacation. Because our emotions from the losses are the hardest to forget, especially since we always think about them. Maybe a few days off from trading would be a big help. This way we can check the mistakes in our losing trades very well and our trading execution will be better compared to before.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
I am too; I once traded and had a worse experience. Trading is time-consuming, and you need enough funds to trade, and there's always a need to be one step forward, which you cannot do if you have a day job. Timing is also very important in trading, so ample time on your side is very important. I like the easy path I can still earn because Hodling is also profitable but not as profitable as gambling.
One thing about trading is that you must be prepared from for it that accept all risk involved while trading and we know anyone who has to join trading must be equivalent himself to trade efficiently. To gain profits from trading you need to be informed and trade with information as most coin/currency's deals with information and news that comes across the globe.
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Yes, it is better to stop, or at least take a break for a while so that the fear disappears.
Self-confidence is once again very important, but we must also have a reason for our self-confidence, as I said before. Because excessive self-confidence can also be a problem, because if it is like that, then it is not self-confidence but greed.
Fear will make us not have the courage to take the opportunity to invest, sometimes there is doubt when we want to make a decision that also has an effect.
If you are afraid, you should stop, I agree with you. Do research and analysis so that we do not experience fear, and experience is very much needed at this time
It can be said that fear is an obstacle for someone to progress. Because it is possible that something good has to be lost because of someone's fear. This does not only happen in the cryptocurrency space, but it also applies in real life.
One thing that can eliminate it is knowledge, with that we can make an analysis which will minimize something bad that can happen to us.
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Trading is not at all simple, remember that in any case it is a job and therefore as such it has precise rules to follow to avoid doing damage
I bought an illustrated book just to understand when they talk what they say and what they want to say since certain terms really sent my brain in burnout
All interesting but it really takes a long time, it is a job in all respects
Do not approach trading as if it were an easy thing, it is not
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Trading is not at all simple, remember that in any case it is a job and therefore as such it has precise rules to follow to avoid doing damage
I bought an illustrated book just to understand when they talk what they say and what they want to say since certain terms really sent my brain in burnout
All interesting but it really takes a long time, it is a job in all respects
Do not approach trading as if it were an easy thing, it is not
- You are right to mention this op, this is what the newbie communities who are entering the field of crypto space should know in reality.
They think that just buying and selling is okay.
They don't know that after buying they should know the basic things to do as a holder or trader on any exchange that is also on the tops listing in the market.
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A lot of people have posted here already, and I believe it's something to be worried about if you are looking at it in a knowledgeable way. It will always be a good thing if you study, but dealing with actual losses might be the cause of the fear. It's getting bad to the point that it will be scary, and nothing will happen to you anymore. Oftentimes, we need to be prepared and face our fears when doing something new.
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Trading is not at all simple, remember that in any case it is a job and therefore as such it has precise rules to follow to avoid doing damage
I bought an illustrated book just to understand when they talk what they say and what they want to say since certain terms really sent my brain in burnout
All interesting but it really takes a long time, it is a job in all respects
Do not approach trading as if it were an easy thing, it is not
It was never been simple in the first place on which this is kind of skills on which you cant be able to learn in a short period of time and its normal that you will be having that kind of fear when you are really just that new into trading on which its really that you will be having those hesitations and being that too reactive whenever the price drops or simply that they are really that emotional into this aspect and this is why its really that understandable on how things works but as you do gain up that experience then you will really be able to adjust accordingly but just like on what i have said that everything will be basing up into the learnings that you have gained through all the way.
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There is nothing to be afraid of in trading. To trade, you need to have time, patience, and courage.
Time: If you are new to trading, then you must give the market time, examine the market well, and bring the market under your control.
Patience: Patience is something that if you have it, then you are very lucky. Because when we recharge on a token in training and want to hold the token, then we have to hold it for a long time, then I can expect to get something good from it.
Courage: The most important thing is to have confidence in yourself and have courage. Because if you do not have courage, then you will not be able to invest in any currency and hold it. Defend it according to your confidence.
So I think those who have these will definitely be able to profit from trading. Thank you
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Trading is not at all simple, remember that in any case it is a job and therefore as such it has precise rules to follow to avoid doing damage
I bought an illustrated book just to understand when they talk what they say and what they want to say since certain terms really sent my brain in burnout
All interesting but it really takes a long time, it is a job in all respects
Do not approach trading as if it were an easy thing, it is not
It was never been simple in the first place on which this is kind of skills on which you cant be able to learn in a short period of time and its normal that you will be having that kind of fear when you are really just that new into trading on which its really that you will be having those hesitations and being that too reactive whenever the price drops or simply that they are really that emotional into this aspect and this is why its really that understandable on how things works but as you do gain up that experience then you will really be able to adjust accordingly but just like on what i have said that everything will be basing up into the learnings that you have gained through all the way.
Fear in trading will always arise when we see the market is not as we want, but as you said if we have experience, we will be calmer and try to analyze market conditions to change strategies or wait until the market is as we target.
Everything takes time to learn and gain experience.
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Trading is not at all simple, remember that in any case it is a job and therefore as such it has precise rules to follow to avoid doing damage
I bought an illustrated book just to understand when they talk what they say and what they want to say since certain terms really sent my brain in burnout
All interesting but it really takes a long time, it is a job in all respects
Do not approach trading as if it were an easy thing, it is not
It was never been simple in the first place on which this is kind of skills on which you cant be able to learn in a short period of time and its normal that you will be having that kind of fear when you are really just that new into trading on which its really that you will be having those hesitations and being that too reactive whenever the price drops or simply that they are really that emotional into this aspect and this is why its really that understandable on how things works but as you do gain up that experience then you will really be able to adjust accordingly but just like on what i have said that everything will be basing up into the learnings that you have gained through all the way.
Fear in trading will always arise when we see the market is not as we want, but as you said if we have experience, we will be calmer and try to analyze market conditions to change strategies or wait until the market is as we target.
Everything takes time to learn and gain experience.
It is actually possible to have some doubts especially when the market conditions take certain direction and the price movements looks undecided. But yet with the increase of the experience one can remain more calm in the way he or she handles the changes that take place. The issue of managing risk involves observing existing patterns, adapting to the new conditions that are still in the development stages, as well as patient decision-making. Nobody can become an expert within a short time, but one should always learn and assess the measures that have been implemented for quick problem solving in various circumstances. Each passed process will bring some prior experiences that would be useful in making right decision in the future.
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Fear in trading will always arise when we see the market is not as we want, but as you said if we have experience, we will be calmer and try to analyze market conditions to change strategies or wait until the market is as we target.
Everything takes time to learn and gain experience.
That is why it's good to always understand the overall market reaction before jumping into market to trade, when beginner or a trader doesn't know how the works and they jumped into market it gives them thinking or feeling they are losing therefore, they wouldn't mind exiting the market when it tends to go on the reversed way in other for them to secure profits from their trading.
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Fear in trading will always arise when we see the market is not as we want, but as you said if we have experience, we will be calmer and try to analyze market conditions to change strategies or wait until the market is as we target.
Yes, people who have knowledge and experience, will be calmer. It is because they know much about crypto market, they don't panic because they understand it. Experienced people won't think that crypto market will be over, they know it will survive well. But for new people in crypto, they may feel afraid when they hear bad news. It is because they never experienced the same situation in the past. We already have too many bad news in the past, including about crypto trading.
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Yes, people who have knowledge and experience, will be calmer. It is because they know much about crypto market, they don't panic because they understand it. Experienced people won't think that crypto market will be over, they know it will survive well. But for new people in crypto, they may feel afraid when they hear bad news. It is because they never experienced the same situation in the past. We already have too many bad news in the past, including about crypto trading.
I agree with you, knowledge and experience are very much needed because in investing in crypto we will always face circumstances beyond our expectations. We must be patient in waiting and with the experience we have we can face it all and understand the character of the fluctuating crypto market.
We will feel the results of the patience we have to keep holding when the market is correcting.
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Do you feel the same...or do you think this is NOT the right way to look at trading?
If what is meant is short-term trading, yes maybe we are the same.. I only dare to trade with an amount that is even very small, around $ 10 - $ 20 only, while for holding, I dare to buy Bitcoin and hold with a large portion of my total assets... this really makes me more comfortable than having to fight with trading risks every day... my analysis is really bad and can't even be relied on every day, so holding is the most appropriate thing for me to apply to survive in the cryptocurrency world...
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Fear in trading will always arise when we see the market is not as we want, but as you said if we have experience, we will be calmer and try to analyze market conditions to change strategies or wait until the market is as we target.
Everything takes time to learn and gain experience.
That is why it's good to always understand the overall market reaction before jumping into market to trade, when beginner or a trader doesn't know how the works and they jumped into market it gives them thinking or feeling they are losing therefore, they wouldn't mind exiting the market when it tends to go on the reversed way in other for them to secure profits from their trading.
Understanding the overall market reaction is a vital part whenever you're analyzing the market through charts that's why many are saying that if you want to invest, at least learning simple technical analysis would be beneficial for you in the long term.
Beginners will make mistakes along the way and that includes exiting the market too early. I also experienced it, and still until now. I guess what's important for them is that they will not end up losing money that's why they're doing that which is good IMO. I mean as long as you aren't losing then you're good, and that's part of securing profits. Fear is pretty much common for newbies, but as more experience they will gain, the lesser they will that fear along the way.
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Fear in trading will always arise when we see the market is not as we want, but as you said if we have experience, we will be calmer and try to analyze market conditions to change strategies or wait until the market is as we target.
Everything takes time to learn and gain experience.
That is why it's good to always understand the overall market reaction before jumping into market to trade, when beginner or a trader doesn't know how the works and they jumped into market it gives them thinking or feeling they are losing therefore, they wouldn't mind exiting the market when it tends to go on the reversed way in other for them to secure profits from their trading.
Understanding the overall market reaction is a vital part whenever you're analyzing the market through charts that's why many are saying that if you want to invest, at least learning simple technical analysis would be beneficial for you in the long term.
Beginners will make mistakes along the way and that includes exiting the market too early. I also experienced it, and still until now. I guess what's important for them is that they will not end up losing money that's why they're doing that which is good IMO. I mean as long as you aren't losing then you're good, and that's part of securing profits. Fear is pretty much common for newbies, but as more experience they will gain, the lesser they will that fear along the way.
Of course consistent trading or analysis boost experience and and whenever they are experienced enough it gives them that chances to win for a long run especially, they can know how to control the bear market or whenever the market tends to change direction they wouldn't panic to sell any longer because they have already gained enough knowledge towards what they are doing. Knowledge is something that is very important when trading and should be toiled with for any reason.
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Of course consistent trading or analysis boost experience and and whenever they are experienced enough it gives them that chances to win for a long run especially, they can know how to control the bear market or whenever the market tends to change direction they wouldn't panic to sell any longer because they have already gained enough knowledge towards what they are doing. Knowledge is something that is very important when trading and should be toiled with for any reason.
Consistent trading and analysis will enable traders to face the sluggish crypto market, they will implement the right strategy for scalping or buying potential coins to hold, knowledge and experience are very much needed in trading, and this takes time to practice.
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Of course consistent trading or analysis boost experience and and whenever they are experienced enough it gives them that chances to win for a long run especially, they can know how to control the bear market or whenever the market tends to change direction they wouldn't panic to sell any longer because they have already gained enough knowledge towards what they are doing. Knowledge is something that is very important when trading and should be toiled with for any reason.
Consistent trading and analysis will enable traders to face the sluggish crypto market, they will implement the right strategy for scalping or buying potential coins to hold, knowledge and experience are very much needed in trading, and this takes time to practice.
Indeed, patience and consistency are the best approaches to manage the uncertainty prevailing in trading environments. Advantageously, every decision undertaken of course, do call for such analysis so as to have better outcomes in the future. The setting of the trading strategy line that corresponds to the market conditions allows us to continue our actions calmly, both when you decide to carry out operations for a short session or for their long-term participation in the balance. Moreover, experience that continues to accumulate over time will develop a rather specific approach to managing change in the business market. The main concept is to remain in the process of studying and improvement and to make sure that every move you make is relevant given the current state of affairs.
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Of course consistent trading or analysis boost experience and and whenever they are experienced enough it gives them that chances to win for a long run especially, they can know how to control the bear market or whenever the market tends to change direction they wouldn't panic to sell any longer because they have already gained enough knowledge towards what they are doing. Knowledge is something that is very important when trading and should be toiled with for any reason.
Consistent trading and analysis will enable traders to face the sluggish crypto market, they will implement the right strategy for scalping or buying potential coins to hold, knowledge and experience are very much needed in trading, and this takes time to practice.
Yes that is why they need patients to trading, and on the process of trading they gain experience from what they see while trading, that is why when people keep panicking over what they don't know it gives room for quick backsliding or failure because they aren't that consistent with their learning process to boost them so quickly. That is why patient also accomplished successfully trading.
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^ Panic comes from the lack of knowledge, in fact, there is no way a person that knows the patterns and had some experience with them already would be inclined to panic sell / other ways of putting your strategy off the window on a whim.
It all comes naturally, - knowledge => experience => expertise => lack of fear.
We all make mistakes, but we also need to learn on them.
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Yes that is why they need patients to trading, and on the process of trading they gain experience from what they see while trading, that is why when people keep panicking over what they don't know it gives room for quick backsliding or failure because they aren't that consistent with their learning process to boost them so quickly. That is why patient also accomplished successfully trading.
I am not a professional trader and still in the learning stage. I agree with what you said, it takes patience in trading. Be patient in seeing the fluctuating crypto market and be patient in learning and practicing.
because experience is needed in trading and also investing.
And of course it takes a long time to be an expert and become a professional.
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I am not a professional trader and still in the learning stage. I agree with what you said, it takes patience in trading. Be patient in seeing the fluctuating crypto market and be patient in learning and practicing.
because experience is needed in trading and also investing.
And of course it takes a long time to be an expert and become a professional.
Yes, of course, I used to think that trading is a very easy thing. But when I started trading, I realized that there are hundreds of things that I and you have to keep in mind all the time. Because of a small mistake, you have to face big losses.
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I am not a professional trader and still in the learning stage. I agree with what you said, it takes patience in trading. Be patient in seeing the fluctuating crypto market and be patient in learning and practicing.
because experience is needed in trading and also investing.
And of course it takes a long time to be an expert and become a professional.
Yes, of course, I used to think that trading is a very easy thing. But when I started trading, I realized that there are hundreds of things that I and you have to keep in mind all the time. Because of a small mistake, you have to face big losses.
Newbies will really be that thinking up the same on which they will really be that trying out to think that trading is an easy thing not until you would really be able to experience yourself about the challenges that you would really be able to encounter along the way when dealing up with trading. Losing is part of it and its something that you should be that be wary of. People dont really like on losing money and thats why they would really be that afraid into it. On this case of which you do find yourself that having some issues when it comes to emotions matterrs towards trading then its better to stop rather than on making yourself dealing up into something on which you arent that prepared on learning into. It will really be that something that needs up to consider out at least knowing about the risks so that you will be wary of such manner.
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Yes, of course, I used to think that trading is a very easy thing. But when I started trading, I realized that there are hundreds of things that I and you have to keep in mind all the time. Because of a small mistake, you have to face big losses.
You think it is easy because you never know it well. Sure, it is quite complicated when you have tried to use it. Trading is a complex matter, it requires analysis and even a research. That's why we must have good knowledge first before we start trading. People sometime use demo-trading to get a deeper understanding. So it can be one of the way to make it easier, we use a demo-trading before we start a real trading. This can lessen the chance of losses.
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Yes, of course, I used to think that trading is a very easy thing. But when I started trading, I realized that there are hundreds of things that I and you have to keep in mind all the time. Because of a small mistake, you have to face big losses.
You think it is easy because you never know it well. Sure, it is quite complicated when you have tried to use it. Trading is a complex matter, it requires analysis and even a research. That's why we must have good knowledge first before we start trading. People sometime use demo-trading to get a deeper understanding. So it can be one of the way to make it easier, we use a demo-trading before we start a real trading. This can lessen the chance of losses.
Having knowledge when it comes to trading would be a good thing, but there are some things in trading where you will only learn it through experience. One example is handling your emotion. The more you trade, the more you can control your experience.
Trading really is a complex thing if you're a newbie, but the more you have experience in it, combine it with the knowledge that you have and you will become better and better. Demo-trading might work for some, but for me it will not because it will not teach you how to control your emotions. You will only learn to control it if you're using your own money. Have tried it, and it didn't work for me.
At the end of the day, if you're afraid of risk, don't trade at all. If you're afraid of losing money, don't trade, but if you're willing to lose, and willing to learn then try it.
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Yes that is why they need patients to trading, and on the process of trading they gain experience from what they see while trading, that is why when people keep panicking over what they don't know it gives room for quick backsliding or failure because they aren't that consistent with their learning process to boost them so quickly. That is why patient also accomplished successfully trading.
I am not a professional trader and still in the learning stage. I agree with what you said, it takes patience in trading. Be patient in seeing the fluctuating crypto market and be patient in learning and practicing.
because experience is needed in trading and also investing.
And of course it takes a long time to be an expert and become a professional.
Patience and experience are the foundation of successful trading. The crypto market is unpredictable so staying disciplined and learning from every trade is essential. Focus on risk management, strategy and continuous learning to build long term success. Expertise comes with time so keep practicing and adapting to market trends. Stay committed and growth will follow.
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Yes that is why they need patients to trading, and on the process of trading they gain experience from what they see while trading, that is why when people keep panicking over what they don't know it gives room for quick backsliding or failure because they aren't that consistent with their learning process to boost them so quickly. That is why patient also accomplished successfully trading.
I am not a professional trader and still in the learning stage. I agree with what you said, it takes patience in trading. Be patient in seeing the fluctuating crypto market and be patient in learning and practicing.
because experience is needed in trading and also investing.
And of course it takes a long time to be an expert and become a professional.
Patience and experience are the foundation of successful trading. The crypto market is unpredictable so staying disciplined and learning from every trade is essential. Focus on risk management, strategy and continuous learning to build long term success. Expertise comes with time so keep practicing and adapting to market trends. Stay committed and growth will follow.
Exactly! Consistencies increases profitability and patients leads to actualization, whenever people are not patient enough they tends to make so many haste mistakes which would increase their lost rate and for someone to increase in all they do they would have to exercise patients and increase their processes with time all things becomes possible.
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Yes that is why they need patients to trading, and on the process of trading they gain experience from what they see while trading, that is why when people keep panicking over what they don't know it gives room for quick backsliding or failure because they aren't that consistent with their learning process to boost them so quickly. That is why patient also accomplished successfully trading.
I am not a professional trader and still in the learning stage. I agree with what you said, it takes patience in trading. Be patient in seeing the fluctuating crypto market and be patient in learning and practicing.
because experience is needed in trading and also investing.
And of course it takes a long time to be an expert and become a professional.
Patience and experience are the foundation of successful trading. The crypto market is unpredictable so staying disciplined and learning from every trade is essential. Focus on risk management, strategy and continuous learning to build long term success. Expertise comes with time so keep practicing and adapting to market trends. Stay committed and growth will follow.
Exactly! Consistencies increases profitability and patients leads to actualization, whenever people are not patient enough they tends to make so many haste mistakes which would increase their lost rate and for someone to increase in all they do they would have to exercise patients and increase their processes with time all things becomes possible.
Persistence and patience i should say on which this will really be that making you say that about to sustain this very volatile market. We do know that on the moment or time that you would be able to face up some loses then you would really be having that kind of emotional reactions on which this will really be leading up with that kind of action on which you would be that easily quits at the time or moment that you do have that kind of situation on which this is really that very common for most newbie traders out there. We do know that at the time that you will really be that presuming out that you can be easily handle out the market then its never been simple nor easy. Its just a matter of personal approach whether you do took up the risks or you would really be just easily that stop on what you are doing.
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Yes that is why they need patients to trading, and on the process of trading they gain experience from what they see while trading, that is why when people keep panicking over what they don't know it gives room for quick backsliding or failure because they aren't that consistent with their learning process to boost them so quickly. That is why patient also accomplished successfully trading.
I am not a professional trader and still in the learning stage. I agree with what you said, it takes patience in trading. Be patient in seeing the fluctuating crypto market and be patient in learning and practicing.
because experience is needed in trading and also investing.
And of course it takes a long time to be an expert and become a professional.
Patience and experience are the foundation of successful trading. The crypto market is unpredictable so staying disciplined and learning from every trade is essential. Focus on risk management, strategy and continuous learning to build long term success. Expertise comes with time so keep practicing and adapting to market trends. Stay committed and growth will follow.
Exactly! Consistencies increases profitability and patients leads to actualization, whenever people are not patient enough they tends to make so many haste mistakes which would increase their lost rate and for someone to increase in all they do they would have to exercise patients and increase their processes with time all things becomes possible.
Persistence and patience i should say on which this will really be that making you say that about to sustain this very volatile market. We do know that on the moment or time that you would be able to face up some loses then you would really be having that kind of emotional reactions on which this will really be leading up with that kind of action on which you would be that easily quits at the time or moment that you do have that kind of situation on which this is really that very common for most newbie traders out there. We do know that at the time that you will really be that presuming out that you can be easily handle out the market then its never been simple nor easy. Its just a matter of personal approach whether you do took up the risks or you would really be just easily that stop on what you are doing.
Market is not that easy as we know and of course we shouldn't be that relaxed over the dip and most times it's hard to control the market or watch over how the behaves over the periods of time. But most times it's really that has to avoid lose because as a trader it's one thing we should know that we can't totally avoid losing money while trading but we should be very that mindful with the way enter trade at the dip or possible to avoid entering trade when there is no good analysis towards the market.
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Market is not that easy as we know and of course we shouldn't be that relaxed over the dip and most times it's hard to control the market or watch over how the behaves over the periods of time. But most times it's really that has to avoid lose because as a trader it's one thing we should know that we can't totally avoid losing money while trading but we should be very that mindful with the way enter trade at the dip or possible to avoid entering trade when there is no good analysis towards the market.
Each price change is usually unpredictable with regard to the crypto. It is not comfortable at all to be in a position of a falling price but to face it cautiously is something that cannot be taken lightly. It is impossible to eliminate risks as much as it is possible to keep out of a wrong entry and holding period which may aggravate the risk factor. We have learned that any action without a good thinking is dangerous and that is why being careful in every action remains something that has to be done, including in such situations as the current ones.
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Market is not that easy as we know and of course we shouldn't be that relaxed over the dip and most times it's hard to control the market or watch over how the behaves over the periods of time. But most times it's really that has to avoid lose because as a trader it's one thing we should know that we can't totally avoid losing money while trading but we should be very that mindful with the way enter trade at the dip or possible to avoid entering trade when there is no good analysis towards the market.
Each price change is usually unpredictable with regard to the crypto. It is not comfortable at all to be in a position of a falling price but to face it cautiously is something that cannot be taken lightly. It is impossible to eliminate risks as much as it is possible to keep out of a wrong entry and holding period which may aggravate the risk factor. We have learned that any action without a good thinking is dangerous and that is why being careful in every action remains something that has to be done, including in such situations as the current ones.
we can still channel and narrow down the way we enter trade if there are clear analysis, for instance; you want to enter trade and likely the market isn't the right position and instead of you to stop or hold on a bit before jumping into the market and you enters, automatically you are losing trading if doesn't go as you planned. Trading is actually hard but its important to also try to manage the risk involved while trading to reduce the rate at which we lose while trading.
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Market is not that easy as we know and of course we shouldn't be that relaxed over the dip and most times it's hard to control the market or watch over how the behaves over the periods of time. But most times it's really that has to avoid lose because as a trader it's one thing we should know that we can't totally avoid losing money while trading but we should be very that mindful with the way enter trade at the dip or possible to avoid entering trade when there is no good analysis towards the market.
Each price change is usually unpredictable with regard to the crypto. It is not comfortable at all to be in a position of a falling price but to face it cautiously is something that cannot be taken lightly. It is impossible to eliminate risks as much as it is possible to keep out of a wrong entry and holding period which may aggravate the risk factor. We have learned that any action without a good thinking is dangerous and that is why being careful in every action remains something that has to be done, including in such situations as the current ones.
we can still channel and narrow down the way we enter trade if there are clear analysis, for instance; you want to enter trade and likely the market isn't the right position and instead of you to stop or hold on a bit before jumping into the market and you enters, automatically you are losing trading if doesn't go as you planned. Trading is actually hard but its important to also try to manage the risk involved while trading to reduce the rate at which we lose while trading.
Trading is indeed difficult and we must be able to manage the risks of trading, because it takes experience and expertise in trading.
many people think that trading is easy but we must have the right analysis and predictions and the right strategy because the crypto market is difficult to predict and we must be able to read market movements.
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Market is not that easy as we know and of course we shouldn't be that relaxed over the dip and most times it's hard to control the market or watch over how the behaves over the periods of time. But most times it's really that has to avoid lose because as a trader it's one thing we should know that we can't totally avoid losing money while trading but we should be very that mindful with the way enter trade at the dip or possible to avoid entering trade when there is no good analysis towards the market.
Each price change is usually unpredictable with regard to the crypto. It is not comfortable at all to be in a position of a falling price but to face it cautiously is something that cannot be taken lightly. It is impossible to eliminate risks as much as it is possible to keep out of a wrong entry and holding period which may aggravate the risk factor. We have learned that any action without a good thinking is dangerous and that is why being careful in every action remains something that has to be done, including in such situations as the current ones.
we can still channel and narrow down the way we enter trade if there are clear analysis, for instance; you want to enter trade and likely the market isn't the right position and instead of you to stop or hold on a bit before jumping into the market and you enters, automatically you are losing trading if doesn't go as you planned. Trading is actually hard but its important to also try to manage the risk involved while trading to reduce the rate at which we lose while trading.
Trading is indeed difficult and we must be able to manage the risks of trading, because it takes experience and expertise in trading.
many people think that trading is easy but we must have the right analysis and predictions and the right strategy because the crypto market is difficult to predict and we must be able to read market movements.
Risk management in trading is something that one must consider prospect since trading if a volatile subject. Some people believe that trading is easy, but indeed, with occasional analysis, the outcome will be far from the expectations. Currently the crypto markets are relatively very volatile meaning that there is need to always monitor every occurrence that happens. When it comes to buying and selling stocks, it is crucial to be insistent with the price patterns, look for opportunities, and apply the best strategies. Experience also has a great influence because the more frequently one participates in operations, the more chances he or she gets to discover factors that may influence the market in a positive or negative way and contribute to enhancing the identification of market signals.
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Trading is indeed difficult and we must be able to manage the risks of trading, because it takes experience and expertise in trading.
many people think that trading is easy but we must have the right analysis and predictions and the right strategy because the crypto market is difficult to predict and we must be able to read market movements.
If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult. Also, we must get some experience when we already start trading. Sure, the experience will take much time to get, but we must get it as we trade more often. Something that we must continue is to learn trading. Learning will never end because we always need more and more knowledge, too.
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If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult. Also, we must get some experience when we already start trading. Sure, the experience will take much time to get, but we must get it as we trade more often. Something that we must continue is to learn trading. Learning will never end because we always need more and more knowledge, too.
Don't forget talent too... everyone is equipped with different talents, even though they are interested in trading, but when they don't have good talent, it will be very tiring because their intuition will not be able to contribute much here...
Talent can be used as a tool to speed up someone's understanding of the world of trading, the better talent they have, of course the faster they can adapt to the new knowledge they learn in the world of trading....we can all be traders, but sooner or later it will be different, because our abilities are different...
If it takes too long and it takes too much energy, not being a cryptocurrency trader is not a problem... maybe that's not our field, so we should stay away, rather than wasting too much energy.... because I believe, every human being has their own abilities.
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Trading is indeed difficult and we must be able to manage the risks of trading, because it takes experience and expertise in trading.
many people think that trading is easy but we must have the right analysis and predictions and the right strategy because the crypto market is difficult to predict and we must be able to read market movements.
If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult. Also, we must get some experience when we already start trading. Sure, the experience will take much time to get, but we must get it as we trade more often. Something that we must continue is to learn trading. Learning will never end because we always need more and more knowledge, too.
Learn the basics on which this has always be the main thing when we are dealing up with something new on which you would really be needing up to learn up with the basics on which this is really just that a thing that you must do in order for you to learn and the rest will really be talking about additional knowledge and ideas at the moment that you would really be dealing up with something on which its an inevitable thing that you do consider out. There are those times or situations that you might be feeling on giving up on which its normal because learning up something new is never been that easy or simple specially when you do deal up with trading. This isnt something a skill that you can be able to learn in a short period of time. This is why its recommended that you do really know and be wary about into the things that you've been dealing into.
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Having knowledge when it comes to trading would be a good thing, but there are some things in trading where you will only learn it through experience. One example is handling your emotion. The more you trade, the more you can control your experience.
Of course, not all the knowledge we can get from reading or watching videos. There are knowledge that we are only obtained from real experiences. Sure, when we more often do trading, we can get more knowledge.
Trading really is a complex thing if you're a newbie, but the more you have experience in it, combine it with the knowledge that you have and you will become better and better. Demo-trading might work for some, but for me it will not because it will not teach you how to control your emotions. You will only learn to control it if you're using your own money. Have tried it, and it didn't work for me.
Yes, that's why newbies only need to use small funds. It is because trading is so simple, it is quite complicated. True, demo-trading can be quite helpful but demo trading can give the lesson about patience and controlling our mentality. It is because demo-trading has no risks at all.
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If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult.
Well, trading isn't difficult at all but earning profit from it is difficult and most people lose money in trading instead of earning anything in it. Trading is a quite good profession but only for the ones who learn it properly and master their emotions so they won't get distracted by those emotions.
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Don't forget talent too... everyone is equipped with different talents, even though they are interested in trading, but when they don't have good talent, it will be very tiring because their intuition will not be able to contribute much here...
Well, talent is something that will always stand out under any circumstances. I personally consider that there are many people who have talent and that one sees them and says that it is luck, but in some way that talent makes them always win and sometimes they don't even know why they do it, they just win, that is talent because they always win , or most of the times when they trade they win Now, it is difficult to determine when it is talent and luck, because both are very easy to confuse, there will always be a way to explain talent, luck is not.
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Don't forget talent too... everyone is equipped with different talents, even though they are interested in trading, but when they don't have good talent, it will be very tiring because their intuition will not be able to contribute much here...
Well, talent is something that will always stand out under any circumstances. I personally consider that there are many people who have talent and that one sees them and says that it is luck, but in some way that talent makes them always win and sometimes they don't even know why they do it, they just win, that is talent because they always win , or most of the times when they trade they win Now, it is difficult to determine when it is talent and luck, because both are very easy to confuse, there will always be a way to explain talent, luck is not.
I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
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If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult.
Well, trading isn't difficult at all but earning profit from it is difficult and most people lose money in trading instead of earning anything in it. Trading is a quite good profession but only for the ones who learn it properly and master their emotions so they won't get distracted by those emotions.
Trading is never been easy
Trading skills isnt something that you can learn in a short span of time
Trading does involve tons of efforts and time spent
but...
On the moment that you will really be able to acquire such skills then you would really be that definitely be that changing up your life
since that on which you do know on how to trade then it is something that gives out that edge for you to handle on a volatile space and
on the time that you will really be able to do so then that will be changing up your financial status and this is the reason why on tons of people
will really be that wanting to learn up trading because of this opportunity.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
There are senses to what you are saying and believe lot of people have this mindsets that trading involved luck entirely, though in aspect of altcoins I can say luck also involved because since altcoin are that extremely volatile one could lose their amount even right when they are trading.
But for Bitcoin and some other reputable coin we can say knowledge plays a vital role while trading because you can't expect luck to shine while trading, except that person are subjecting it to be as a gambling this is where memecoin comes in as we can consider them gambling.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
There are senses to what you are saying and believe lot of people have this mindsets that trading involved luck entirely, though in aspect of altcoins I can say luck also involved because since altcoin are that extremely volatile one could lose their amount even right when they are trading.
But for Bitcoin and some other reputable coin we can say knowledge plays a vital role while trading because you can't expect luck to shine while trading, except that person are subjecting it to be as a gambling this is where memecoin comes in as we can consider them gambling.
On the contrary, I believe in luck, but the luck I mean is not luck that falls from the sky, but we ourselves create it.
I believe that we can create luck ourselves by expanding our knowledge, honing our skills and when the time is right then luck will come with the elements that we have prepared.
Because even if luck falls from the sky while we are not ready, then it will be missed too.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
There are senses to what you are saying and believe lot of people have this mindsets that trading involved luck entirely, though in aspect of altcoins I can say luck also involved because since altcoin are that extremely volatile one could lose their amount even right when they are trading.
But for Bitcoin and some other reputable coin we can say knowledge plays a vital role while trading because you can't expect luck to shine while trading, except that person are subjecting it to be as a gambling this is where memecoin comes in as we can consider them gambling.
On the contrary, I believe in luck, but the luck I mean is not luck that falls from the sky, but we ourselves create it.
I believe that we can create luck ourselves by expanding our knowledge, honing our skills and when the time is right then luck will come with the elements that we have prepared.
Because even if luck falls from the sky while we are not ready, then it will be missed too.
For me, that can't be called luck. Luck is when you win something even though you don't have the knowledge and skills to win it, most people call it luck. For me, it can be called gambling because there's a big chance that you'll lose since you don't know how to win it, it's certain that if you trade without enough knowledge you're just losing your money. When you have enough knowledge about something or you have skills in it, you can't call it luck, it's a result.
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On the contrary, I believe in luck, but the luck I mean is not luck that falls from the sky, but we ourselves create it.
I believe that we can create luck ourselves by expanding our knowledge, honing our skills and when the time is right then luck will come with the elements that we have prepared.
Because even if luck falls from the sky while we are not ready, then it will be missed too.
Not blame about lucky in trading but firstly have to research before investing in any coins or bitcoin, we must know have coin raise support price or not for investing not depend fully about luckiness in trading. I think huge difference luckiness when trading without research just pure fully from lucky, must analyze and have reading all news about coins investing to know possibility price in the future will raise up or going down.
After all analyze than have luckiness some time our set up profitable earn few percent maybe have luckiness raise thousand percent and earn much profitable.
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On the contrary, I believe in luck, but the luck I mean is not luck that falls from the sky, but we ourselves create it.
I believe that we can create luck ourselves by expanding our knowledge, honing our skills and when the time is right then luck will come with the elements that we have prepared.
Because even if luck falls from the sky while we are not ready, then it will be missed too.
Not blame about lucky in trading but firstly have to research before investing in any coins or bitcoin, we must know have coin raise support price or not for investing not depend fully about luckiness in trading. I think huge difference luckiness when trading without research just pure fully from lucky, must analyze and have reading all news about coins investing to know possibility price in the future will raise up or going down.
After all analyze than have luckiness some time our set up profitable earn few percent maybe have luckiness raise thousand percent and earn much profitable.
Before investing in any currency coin, we should analyze it properly, we should gain knowledge about it. Because when we invest in any currency, we have the hope that we will get good profit from it. But for this we have to check the token well and see the future. In trading, it does not depend on our luck but depends on our knowledge here.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
There are senses to what you are saying and believe lot of people have this mindsets that trading involved luck entirely, though in aspect of altcoins I can say luck also involved because since altcoin are that extremely volatile one could lose their amount even right when they are trading.
But for Bitcoin and some other reputable coin we can say knowledge plays a vital role while trading because you can't expect luck to shine while trading, except that person are subjecting it to be as a gambling this is where memecoin comes in as we can consider them gambling.
On the contrary, I believe in luck, but the luck I mean is not luck that falls from the sky, but we ourselves create it.
I believe that we can create luck ourselves by expanding our knowledge, honing our skills and when the time is right then luck will come with the elements that we have prepared.
Because even if luck falls from the sky while we are not ready, then it will be missed too.
It's absolutely right to always prepare ourselves or get ready to whatever that may comes across us, because when an opportunity is there and we didn't utilize it that may not necessarily be available to that person anymore became at first they were positioned for the luck and hence missed used it. Next time if such person doesn't understand how to utilize that opportunity then sure he would keep missing that luck whenever its comes again.
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Trading is indeed difficult and we must be able to manage the risks of trading, because it takes experience and expertise in trading.
many people think that trading is easy but we must have the right analysis and predictions and the right strategy because the crypto market is difficult to predict and we must be able to read market movements.
If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult. Also, we must get some experience when we already start trading. Sure, the experience will take much time to get, but we must get it as we trade more often. Something that we must continue is to learn trading. Learning will never end because we always need more and more knowledge, too.
If we start trading from scratch then we must know the basics of trading and gain experience in trading. I think if you do not follow the basic things of trading and logical posts then trading will be very difficult for you.
But the thing is if you spend your time here or if you can gain knowledge about trading then trading is easy. But I can say that it takes time to learn these and patience then you will get success.
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Trading is indeed difficult and we must be able to manage the risks of trading, because it takes experience and expertise in trading.
many people think that trading is easy but we must have the right analysis and predictions and the right strategy because the crypto market is difficult to predict and we must be able to read market movements.
If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult. Also, we must get some experience when we already start trading. Sure, the experience will take much time to get, but we must get it as we trade more often. Something that we must continue is to learn trading. Learning will never end because we always need more and more knowledge, too.
If we start trading from scratch then we must know the basics of trading and gain experience in trading. I think if you do not follow the basic things of trading and logical posts then trading will be very difficult for you.
But the thing is if you spend your time here or if you can gain knowledge about trading then trading is easy. But I can say that it takes time to learn these and patience then you will get success.
If you spend more time in training, of course your loss amount will be high at first, but later when you gain knowledge about different secrets or different strategies, your loss amount will decrease a lot, but you cannot guarantee your profit 100%. If you want to guarantee profit then you should only invest in Bitcoin for long term. There is never a guarantee with any coin other than Bitcoin. So in terms of trading you have to trade with risk. And in that case fear must be present in everyone, it is normal
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On the contrary, I believe in luck, but the luck I mean is not luck that falls from the sky, but we ourselves create it.
I believe that we can create luck ourselves by expanding our knowledge, honing our skills and when the time is right then luck will come with the elements that we have prepared.
Because even if luck falls from the sky while we are not ready, then it will be missed too.
It's absolutely right to always prepare ourselves or get ready to whatever that may comes across us, because when an opportunity is there and we didn't utilize it that may not necessarily be available to that person anymore became at first they were positioned for the luck and hence missed used it. Next time if such person doesn't understand how to utilize that opportunity then sure he would keep missing that luck whenever its comes again.
Well, like that, sometimes people say luck, but they don't see the effort and hard work that is prepared by that person. Because once again, even if luck comes to us, but we don't have the ability to take advantage of it, then it will just pass us by. so in this case we ourselves have to prepare for it, and when it comes we can maximize it.
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On the contrary, I believe in luck, but the luck I mean is not luck that falls from the sky, but we ourselves create it.
I believe that we can create luck ourselves by expanding our knowledge, honing our skills and when the time is right then luck will come with the elements that we have prepared.
Because even if luck falls from the sky while we are not ready, then it will be missed too.
It's absolutely right to always prepare ourselves or get ready to whatever that may comes across us, because when an opportunity is there and we didn't utilize it that may not necessarily be available to that person anymore became at first they were positioned for the luck and hence missed used it. Next time if such person doesn't understand how to utilize that opportunity then sure he would keep missing that luck whenever its comes again.
Well, like that, sometimes people say luck, but they don't see the effort and hard work that is prepared by that person. Because once again, even if luck comes to us, but we don't have the ability to take advantage of it, then it will just pass us by. so in this case we ourselves have to prepare for it, and when it comes we can maximize it.
Hard work draw more closer to our luck and like they said "the more you work the luckier you becomes", most people doesn't know this and when they have worked enough they wouldn't be that prepared to positioned themselves to utilize the luck that would come their way but could likely missed used it.
That is why it's critically important to be subjected to how we can control the benefits that we would have while working.
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If you spend more time in training, of course your loss amount will be high at first, but later when you gain knowledge about different secrets or different strategies, your loss amount will decrease a lot, but you cannot guarantee your profit 100%. If you want to guarantee profit then you should only invest in Bitcoin for long term. There is never a guarantee with any coin other than Bitcoin. So in terms of trading you have to trade with risk. And in that case fear must be present in everyone, it is normal
Don't forget the Demo account and a lot of free knowledge on the internet! We have enough tools to learn and practice before officially participating in this market, the problem is that investors are often too hasty and greedy, to the point where they are willing to take risks instead of spending time learning and researching.
I used to refuse to participate in trading but now I am learning about trading while continuing to hold to target. Trading can be a profession, while holding is not certain because in the end we will all need to take profits to increase income when investing.
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Well, like that, sometimes people say luck, but they don't see the effort and hard work that is prepared by that person. Because once again, even if luck comes to us, but we don't have the ability to take advantage of it, then it will just pass us by. so in this case we ourselves have to prepare for it, and when it comes we can maximize it.
Hard work draw more closer to our luck and like they said "the more you work the luckier you becomes", most people doesn't know this and when they have worked enough they wouldn't be that prepared to positioned themselves to utilize the luck that would come their way but could likely missed used it.
That is why it's critically important to be subjected to how we can control the benefits that we would have while working.
In addition to working hard physically or energetically, we must also be able to work smart by relying on our brains to work. Because most successful people are those who can use all their potential, including hard work and smart work.
If we look, the successful people we see now are those who work without having to sweat, yes that's because they rely more on the performance of the mind.
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Well, like that, sometimes people say luck, but they don't see the effort and hard work that is prepared by that person. Because once again, even if luck comes to us, but we don't have the ability to take advantage of it, then it will just pass us by. so in this case we ourselves have to prepare for it, and when it comes we can maximize it.
Hard work draw more closer to our luck and like they said "the more you work the luckier you becomes", most people doesn't know this and when they have worked enough they wouldn't be that prepared to positioned themselves to utilize the luck that would come their way but could likely missed used it.
That is why it's critically important to be subjected to how we can control the benefits that we would have while working.
In addition to working hard physically or energetically, we must also be able to work smart by relying on our brains to work. Because most successful people are those who can use all their potential, including hard work and smart work.
If we look, the successful people we see now are those who work without having to sweat, yes that's because they rely more on the performance of the mind.
hard work and smart work must be carried out in order to achieve success. but many successful people only use intelligence to get results. they don't need to sweat because they are smart people.
it must also be supported by sufficient capital.
because running a business or investment requires capital.
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Well, like that, sometimes people say luck, but they don't see the effort and hard work that is prepared by that person. Because once again, even if luck comes to us, but we don't have the ability to take advantage of it, then it will just pass us by. so in this case we ourselves have to prepare for it, and when it comes we can maximize it.
Hard work draw more closer to our luck and like they said "the more you work the luckier you becomes", most people doesn't know this and when they have worked enough they wouldn't be that prepared to positioned themselves to utilize the luck that would come their way but could likely missed used it.
That is why it's critically important to be subjected to how we can control the benefits that we would have while working.
In addition to working hard physically or energetically, we must also be able to work smart by relying on our brains to work. Because most successful people are those who can use all their potential, including hard work and smart work.
If we look, the successful people we see now are those who work without having to sweat, yes that's because they rely more on the performance of the mind.
hard work and smart work must be carried out in order to achieve success. but many successful people only use intelligence to get results. they don't need to sweat because they are smart people.
it must also be supported by sufficient capital.
because running a business or investment requires capital.
Yes you are right, there are people who don't sweat to make good investment or becoming successful in life because they are intelligent and they get results through their smartness.
And of course investments today need smartness to avoid loses and most people who do incur loses in their investments or trading is as a result of not becoming smart enough.
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Trading is indeed difficult and we must be able to manage the risks of trading, because it takes experience and expertise in trading.
many people think that trading is easy but we must have the right analysis and predictions and the right strategy because the crypto market is difficult to predict and we must be able to read market movements.
If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult. Also, we must get some experience when we already start trading. Sure, the experience will take much time to get, but we must get it as we trade more often. Something that we must continue is to learn trading. Learning will never end because we always need more and more knowledge, too.
Well, to learn any anything, there is definitely a need for primary education and those who do the job by acquiring that education will definitely succeed in that particular work. Although experience and skills in trading do not guarantee success, it is natural that those who trade after receiving education will have good results. There is definitely a need for basic education in trading. To achieve this, a trader may have to spend both time and money. If a trader does not lose in trading, then he cannot be a good trader. He has to face losses, even if logically. No one can gain good knowledge in trading without losing. I just say that the more educated one can be, the better for a trader. If trading is done by acquiring knowledge, the more likely it is that there will be profit.
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Yes you are right, there are people who don't sweat to make good investment or becoming successful in life because they are intelligent and they get results through their smartness.
And of course investments today need smartness to avoid loses and most people who do incur loses in their investments or trading is as a result of not becoming smart enough.
When they already know what to do then any investment will not scare them, as long as there are boundaries that they do not have to break. Having intelligence when it comes to investing and trading also requires considerable experience, so know how the crypto market works.
People who claim to be smart and look skilled at trading and investing may not necessarily be able to keep what they stand for,
this is only because of untrained psychology and only thinking about a profit without losing.
Fear and greed are traits that exist in every human being, only at different levels,
if they can control them then there are more opportunities to produce a goal that will produce good profits.
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Don't forget the Demo account and a lot of free knowledge on the internet! We have enough tools to learn and practice before officially participating in this market, the problem is that investors are often too hasty and greedy, to the point where they are willing to take risks instead of spending time learning and researching.
Agree. We don't need to hurry, we must to focus on learning first. We can read many articles in websites and watch videos in YT. We can see a lot of trading knowledge there. It is not so difficult to look for the knowledge nowadays, we only need to google. But sure, we must spend enough time to learn.
I used to refuse to participate in trading but now I am learning about trading while continuing to hold to target. Trading can be a profession, while holding is not certain because in the end we will all need to take profits to increase income when investing.
I'm surprised you refused it in the past. I guessed you are a professional trader already, buddy. But it is surely not very late, we can start trading at any time. I am also not a regular trader, I only trade when I think it is a good time for trading. It seems I also need to learn another type of trading.
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Trading is indeed difficult and we must be able to manage the risks of trading, because it takes experience and expertise in trading.
many people think that trading is easy but we must have the right analysis and predictions and the right strategy because the crypto market is difficult to predict and we must be able to read market movements.
If we never learned the basic thing about trading, it may be very difficult. But if we spend enough time to learn trading, I don't think it will be very difficult. Also, we must get some experience when we already start trading. Sure, the experience will take much time to get, but we must get it as we trade more often. Something that we must continue is to learn trading. Learning will never end because we always need more and more knowledge, too.
Well, to learn any anything, there is definitely a need for primary education and those who do the job by acquiring that education will definitely succeed in that particular work. Although experience and skills in trading do not guarantee success, it is natural that those who trade after receiving education will have good results. There is definitely a need for basic education in trading. To achieve this, a trader may have to spend both time and money. If a trader does not lose in trading, then he cannot be a good trader. He has to face losses, even if logically. No one can gain good knowledge in trading without losing. I just say that the more educated one can be, the better for a trader. If trading is done by acquiring knowledge, the more likely it is that there will be profit.
When you are trying out to deal up with something and you are a complete noob then its really just that right that you would really be needing up to research on everything in regarding on the things you've been dealing into. It will really be that up to you on how you would really be doing these steps on which this is the most sensible way to be done because if you are planning to deal up with something then its just right that you do make up some research about relevant information and reading up other real time experiences on which you can apply it into your own. Its normal to be scared when you are losing up money but once you do equipped yourself with having that proper knowledge then those fear will really be wiped away and you would be able to gradually overcome that fear.
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When you are trying out to deal up with something and you are a complete noob then its really just that right that you would really be needing up to research on everything in regarding on the things you've been dealing into. It will really be that up to you on how you would really be doing these steps on which this is the most sensible way to be done because if you are planning to deal up with something then its just right that you do make up some research about relevant information and reading up other real time experiences on which you can apply it into your own. Its normal to be scared when you are losing up money but once you do equipped yourself with having that proper knowledge then those fear will really be wiped away and you would be able to gradually overcome that fear.
As much as profit can make a person happy, loss scares a person many times more than that. Because everyone trades to make profit and no one wants to lose his money. Because of this, it is natural that everyone is and will be afraid while trading.
And because of such fear we panic very quickly and from this panic we do not have patience and sell many of our coins at a loss. But later it turns out that the coin recovers just as quickly. Successful people in trading are rare because most traders have this fear.
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As much as profit can make a person happy, loss scares a person many times more than that. Because everyone trades to make profit and no one wants to lose his money. Because of this, it is natural that everyone is and will be afraid while trading.
uncertainty will always be present in trading but it is not always a bad thing because it can make you more cautious and be more analytical of the market compared to if you are overconfident and you do not take the possible risks into consideration
And because of such fear we panic very quickly and from this panic we do not have patience and sell many of our coins at a loss. But later it turns out that the coin recovers just as quickly. Successful people in trading are rare because most traders have this fear.
i think that with enough experience you will be able to look at the market and think of what is the correct course of action when you are a beginner still in trading it is possible to still be too anxious all the time and not make bold or brave actions
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When you are trying out to deal up with something and you are a complete noob then its really just that right that you would really be needing up to research on everything in regarding on the things you've been dealing into. It will really be that up to you on how you would really be doing these steps on which this is the most sensible way to be done because if you are planning to deal up with something then its just right that you do make up some research about relevant information and reading up other real time experiences on which you can apply it into your own. Its normal to be scared when you are losing up money but once you do equipped yourself with having that proper knowledge then those fear will really be wiped away and you would be able to gradually overcome that fear.
As much as profit can make a person happy, loss scares a person many times more than that. Because everyone trades to make profit and no one wants to lose his money. Because of this, it is natural that everyone is and will be afraid while trading.
Yes, it is natural to be afraid here, because in trading we basically come to earn money. But if we come to trading for the money and do not gain knowledge about trading and do not have an idea about the market, then it is natural that we will be harmed there. And there we have a lot of fear. So before we go to trading, we first gain knowledge according to the basic rules of the market and then we will go to training.
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Yes, it is natural to be afraid here, because in trading we basically come to earn money. But if we come to trading for the money and do not gain knowledge about trading and do not have an idea about the market, then it is natural that we will be harmed there. And there we have a lot of fear. So before we go to trading, we first gain knowledge according to the basic rules of the market and then we will go to training.
Well, that is normal for newbies gaining knowledge and training is not enough to build confidence in trading. As a newbie, you should start gaining experience using the knowledge that you learn and do some experiments do not use real money instead use paper money. Tradingview has this feature and attempts to make a profit with paper money. It takes months to develop a successful strategy and gain confidence, but once you are profitable, you can start trading for real money.
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When you are trying out to deal up with something and you are a complete noob then its really just that right that you would really be needing up to research on everything in regarding on the things you've been dealing into. It will really be that up to you on how you would really be doing these steps on which this is the most sensible way to be done because if you are planning to deal up with something then its just right that you do make up some research about relevant information and reading up other real time experiences on which you can apply it into your own. Its normal to be scared when you are losing up money but once you do equipped yourself with having that proper knowledge then those fear will really be wiped away and you would be able to gradually overcome that fear.
As much as profit can make a person happy, loss scares a person many times more than that. Because everyone trades to make profit and no one wants to lose his money. Because of this, it is natural that everyone is and will be afraid while trading.
Yes, it is natural to be afraid here, because in trading we basically come to earn money. But if we come to trading for the money and do not gain knowledge about trading and do not have an idea about the market, then it is natural that we will be harmed there. And there we have a lot of fear. So before we go to trading, we first gain knowledge according to the basic rules of the market and then we will go to training.
That's why it's really that important that you should really that make yourself that knowledgeable at the time or moment that you do deal up with something. You can't really just that easily dive in without having any ideas on what you are doing. Just like been said we are really afraid on losing money because we do know that this is what we do really need for us to survive on which you will really be needing to accumulate as much as you can and if we do lose money then this is where we do make out such disappointment. Dealing up with this volatile market will really be that giving out that roller coaster emotions because of moving up and down of prices. Whenever you are that dealing with volatile space then you should really that being prepared.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
Yes, I understand what you say, however I call talent when a person is able to master certain activities in a very short time and what he learns he learns in a very short time, for me that is a talent, sometimes in trading you need to have a little luck , because there may be a movement that is happening and suddenly it goes down and hits a stop loss , but if you are lucky enough it does not touch that stop and then it continues and changes in our favor and that operation is won, of course respecting everything that is a previous analysis.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
Yes, I understand what you say, however I call talent when a person is able to master certain activities in a very short time and what he learns he learns in a very short time, for me that is a talent, sometimes in trading you need to have a little luck , because there may be a movement that is happening and suddenly it goes down and hits a stop loss , but if you are lucky enough it does not touch that stop and then it continues and changes in our favor and that operation is won, of course respecting everything that is a previous analysis.
Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
Yes, I understand what you say, however I call talent when a person is able to master certain activities in a very short time and what he learns he learns in a very short time, for me that is a talent, sometimes in trading you need to have a little luck , because there may be a movement that is happening and suddenly it goes down and hits a stop loss , but if you are lucky enough it does not touch that stop and then it continues and changes in our favor and that operation is won, of course respecting everything that is a previous analysis.
Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
Yes, any learning process is time consuming especially in the areas that entail embrace understanding and mastery of skills. In this case trading is not an act of mere chance but a practise that is taken through time. Still, there are many choices which can be made and each choice has some implications that are to be well assessed. Knowledge accumulates with time and experience, and the practise of thinking and evaluating will become enhanced. It cannot be described as a trend in which one is able to boast of quick success achieved without hard work and preparedness to deal with various changes that may take place at any given time.
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Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
However, do you realize that a professional trader also needs a luck factor? So indeed the luck factor is very influential on every result we will get, from newbie to professional, there is a luck factor that will always accompany....
Experience, knowledge and whatever it is that makes you called a professional still has an impact on increasing the percentage of luck that you get.
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Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
However, do you realize that a professional trader also needs a luck factor? So indeed the luck factor is very influential on every result we will get, from newbie to professional, there is a luck factor that will always accompany....
Experience, knowledge and whatever it is that makes you called a professional still has an impact on increasing the percentage of luck that you get.
Since I didn't believe in luck as I said before I would rather say it as timing. I don't think if that luck you've said is very important in trading. Because you did backtest before you apply in live trading, and that backtest usually takes a hundred times or more and you can determine what is the win rate of that strategy by backtest with hundred times of trades. So do you still believe that the win rate was because of luck? I think you won't. If you get a 60% win rate in back test, there is a huge probability that you will become profitable as long as you can stick to your plan and won't let your emotions control you.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
Yes, I understand what you say, however I call talent when a person is able to master certain activities in a very short time and what he learns he learns in a very short time, for me that is a talent, sometimes in trading you need to have a little luck , because there may be a movement that is happening and suddenly it goes down and hits a stop loss , but if you are lucky enough it does not touch that stop and then it continues and changes in our favor and that operation is won, of course respecting everything that is a previous analysis.
Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
Trading is not based on luck, it is gambling. When it comes to trading, one cannot rely on luck, but rather one has to continue trading based on knowledge. There is basically no end to learning in trading, the more you learn, the more your knowledge will increase and you will get an idea about the market. I think if someone relies on luck in trading, then it is natural that they will lose 100%.
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I don't believe in luck but I believe in skills. I'm not sure if talent is the right term for it or skill. Because trading is a type of job or business if you know what you're doing, but if not it's gambling. If we say talent, it doesn't come from hard work while skills come from efforts, knowledge, and discipline. I haven't seen any new traders who don't know much about trading become profitable right away.
Yes, I understand what you say, however I call talent when a person is able to master certain activities in a very short time and what he learns he learns in a very short time, for me that is a talent, sometimes in trading you need to have a little luck , because there may be a movement that is happening and suddenly it goes down and hits a stop loss , but if you are lucky enough it does not touch that stop and then it continues and changes in our favor and that operation is won, of course respecting everything that is a previous analysis.
Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
Trading is not based on luck, it is gambling. When it comes to trading, one cannot rely on luck, but rather one has to continue trading based on knowledge. There is basically no end to learning in trading, the more you learn, the more your knowledge will increase and you will get an idea about the market. I think if someone relies on luck in trading, then it is natural that they will lose 100%.
That's true. It's like they're saying that the reason you win in trading is because of luck. If luck were real, we wouldn't have been backtesting for so long, we wouldn't have been trying so hard. Because even if we did this, we would still experience losses at the beginning of our trading journey and later on you will taste success because you have gained a lot of experience, and you know what to do. If they are a truly profitable trader, they won't say that luck is necessary to win.
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Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
However, do you realize that a professional trader also needs a luck factor? So indeed the luck factor is very influential on every result we will get, from newbie to professional, there is a luck factor that will always accompany....
Experience, knowledge and whatever it is that makes you called a professional still has an impact on increasing the percentage of luck that you get.
Luck might be a factor on a few of their trades, but most of the professional traders rely on their knowledge, and experience for most of the time.
I watched some trading videos on YouTube, and I would say that most of them rely mostly on their experience and knowledge in order to make good trades. As for luck, hmmmm I don't think there's any instance where you need luck TBH. You know what, professional traders don't need luck. :D Newbie traders are because most of these types of traders are making their trades based off of luck. :)
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Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
However, do you realize that a professional trader also needs a luck factor? So indeed the luck factor is very influential on every result we will get, from newbie to professional, there is a luck factor that will always accompany....
Experience, knowledge and whatever it is that makes you called a professional still has an impact on increasing the percentage of luck that you get.
Luck might be a factor on a few of their trades, but most of the professional traders rely on their knowledge, and experience for most of the time.
I watched some trading videos on YouTube, and I would say that most of them rely mostly on their experience and knowledge in order to make good trades. As for luck, hmmmm I don't think there's any instance where you need luck TBH. You know what, professional traders don't need luck. :D Newbie traders are because most of these types of traders are making their trades based off of luck. :)
People who share trading topics on YouTube and promote their own signals to sell are not real professional traders. But yes there are many professionals they can definitely do better with their own knowledge. A person becomes a professional only when he develops himself into a master after making many mistakes. In the case of trading, a lot of losses have to be accepted in the beginning, due to which most traders give up very quickly and lose. And those who continue their research even after losing become professionals at some stage. However, in the case of trading, there is a lot of fear in everyone because there are times when you have to accept big losses
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Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
Yes, it is not easy, sometimes you have that fear of losing even though you know what you are doing, but you have to take risks, but I consider that each one of us has a level of risk and of coping with things due to our personality, for example, I lost my fear of losing a long time ago, for one reason, I only risk what I can lose, and if I do not have more money willing to lose, then I do not operate, even if thousands of good entries come out, I do not do it, for me the priority is not to be left without money.
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Being able to master something quickly is a talent that not everyone has, because I myself am still learning in trading and it takes a long time. but if we rely on luck, I think we are not doing professional trading. trading is a profession and requires expertise, not luck.
Yes, it is not easy, sometimes you have that fear of losing even though you know what you are doing, but you have to take risks, but I consider that each one of us has a level of risk and of coping with things due to our personality, for example, I lost my fear of losing a long time ago, for one reason, I only risk what I can lose, and if I do not have more money willing to lose, then I do not operate, even if thousands of good entries come out, I do not do it, for me the priority is not to be left without money.
Where there is the possibility of making a choice always there is a risk factor to be looked into, and everybody has his own mechanisms of handling it. This means that all opportunities are not good to be grabbed because they do not correspond to the prevailing circumstances. It’s actually more beneficial in some occasions not to take actions which does not fall in ones capabilities than to make movements that leads to increased chances of risk. It is important to know one’s limitations, so that one is able to achieve sustainability because it is better to be sustained in the long run than to take the high risk. The best is also the decision that will let us stay stable and be profitable enough at the same time.
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Where there is the possibility of making a choice always there is a risk factor to be looked into, and everybody has his own mechanisms of handling it.
This is very true, in fact the things that we have not only in Trading, but in life are a matter of decision and that depends on what direction we will have in our Lives , I have had to make decisions that have been Infallible in my life , I have made mistakes in some but I have managed to correct them, however things in trading will always be decisions due to the risk and we Choose the risk if it is low or high, this is something to always consider, I totally agree with what you say.
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trading is a profession and requires expertise, not luck.
I agree with you and I must tell that trading is a tough professional because at trading one has to master his/her emotions in order to earn profits from the market. Sometimes when market dips like that happened in the past weeks, and during such times most traders panic but good traders manage their stress and buy the dips and make good profits from the market.
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trading is a profession and requires expertise, not luck.
I agree with you and I must tell that trading is a tough professional because at trading one has to master his/her emotions in order to earn profits from the market. Sometimes when market dips like that happened in the past weeks, and during such times most traders panic but good traders manage their stress and buy the dips and make good profits from the market.
Well said, emotions really affect most traders especially the newbie to trading, emotions can stop you from getting bigger profits from market, emotions is very real in trading traders get emotional and feel depressed when ever the market touches their capital so bad.
For a trader you really have to get yourself together and push away the emotions after all the game is about win or loss, you either take from the market or the market take from you that just the deal. Overcoming your emotions and fear will give you high ups over the market and you can stick to your strategies till your tp get hits that just it. Most important stick to your strategy and analysis.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
in trading it takes courage and self-confidence so that we can do it right. Always focus and make analysis and also strategy correctly so that the target we want can be achieved.
I started trading a long time ago, sometimes self-confidence also decreases when making the wrong strategy and suffering losses.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
in trading it takes courage and self-confidence so that we can do it right. Always focus and make analysis and also strategy correctly so that the target we want can be achieved.
I started trading a long time ago, sometimes self-confidence also decreases when making the wrong strategy and suffering losses.
Every trader in the world would agree that there is no way in trading that can be considered as easy and that everyone does go through a time when confidence is low because of unsatisfactory performance. Change is a constant process, and it is one of the elements that characterizes the day to day life of an individual. The most important thing is what kind of actions we take as a result of these situations and do not hesitate. Failure is not the name of the game, rather errors help in determining the bigger picture for the actual understanding of things. Of course there are occasions which the plan put in place perform well, there is times which the calculations go pear shaped but all of that is an insurance policy that prepares us for diverse market trends. It is important to state that at least what has been erected from the start isn’t insignificant, hence even though we continue striving, we may obtain even better outcomes down the line.
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in trading it takes courage and self-confidence so that we can do it right. Always focus and make analysis and also strategy correctly so that the target we want can be achieved.
I started trading a long time ago, sometimes self-confidence also decreases when making the wrong strategy and suffering losses.
Indeed. If someone isn't confident or courage, he shouldn't trade! We only trade because we dare to take the risks in trading, we don't only care with the potential profits. Sure, it should be safe if we always do analysis and we have sufficient knowledge in trading. It is only very risky if we trade with no knowledge and with no strategy. In this way, we trade like gambling, so the chance to succeed is very small.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
We should have to avoid that kind of habit when trading. There are many traders who made mistakes and get losses because of watching too much in the chart. When a trader keeps looking at the chart, there is a chance that they will change their entry price because they will see things they don't see in their first analysis, in other words you will be deceived by the chart. If you keep looking at the chart it is a sign that you are a beginner or else you're not confident with your analysis.
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Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
Everyone who is new to cryptocurrency trading must have had such moments, but in the end we will also determine our attitude. If the habit continues, it means that we are not suitable for trading, and we should learn again to be able to determine our attitude faster. Keep learning trading, because this cryptocurrency trading has good potential.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
If an individual summon fake confidence and jump into the world of trading, the person should be ready to face a greater lose, trading requires more knowledge and understanding before someone will even think of starting trading. Knowledge of trading is not what someone can aquire in a very short term. It's important to understand the basics concept of trading and how it works because it will serve as a guideline for you when you latter become a trader.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
If an individual summon fake confidence and jump into the world of trading, the person should be ready to face a greater lose, trading requires more knowledge and understanding before someone will even think of starting trading. Knowledge of trading is not what someone can aquire in a very short term. It's important to understand the basics concept of trading and how it works because it will serve as a guideline for you when you latter become a trader.
I dont see for it to be that a fake confidence but rather it was really just that a real confidence either. They would really be having that assumption that they can be able to make easy profits on the moment that they do trading on which this will really be just that not possible that they wont really be able to notice it out immediately on how hard to deal up with this market on which we know that it wont really be that something that so simple. Being having that kind of approach will definitely lead into loses because you will really be that thinking that you can do it and since other people was able to do so then you would really be thinking up the same. It is really just that there are people who are really just that too delusional whenever they have that become that too optimistic into the things that they are trying to deal on with.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
- In trading, we still need to have confidence because without it, we will not be able to implement or apply correctly the things we learn in trading here in the crypto space. Although, there are others who want to learn trading but are afraid of losing in trading and if they have this mindset, they are not suitable for the trading industry.
Because of course, as traders, we also need to be risk takers as traders and that is what is really needed in reality, Because as you say, the trading we will do is we represent ourselves as traders, that's all.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
- In trading, we still need to have confidence because without it, we will not be able to implement or apply correctly the things we learn in trading here in the crypto space. Although, there are others who want to learn trading but are afraid of losing in trading and if they have this mindset, they are not suitable for the trading industry.
Because of course, as traders, we also need to be risk takers as traders and that is what is really needed in reality, Because as you say, the trading we will do is we represent ourselves as traders, that's all.
Having confidence in your own strategy and have the mindset to take your own trade and risk your own money is really the mindset of a trader and that will give you much confidence over the market and fear won’t be your problem cause you have overcome it by placing a entry with your own money. Trader needs to overcome this habit of fear and be confidence with your own strategy. As a trader we need to know that the game is all about win or loss and that is really what is going to happen. After entering a trade and setting TP and SL you just have to wait for the conclusion either it hit your tp or sl that just the mindset a trader need to stick to.
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Having confidence in your own strategy and have the mindset to take your own trade and risk your own money is really the mindset of a trader and that will give you much confidence over the market and fear won’t be your problem cause you have overcome it by placing a entry with your own money. Trader needs to overcome this habit of fear and be confidence with your own strategy. As a trader we need to know that the game is all about win or loss and that is really what is going to happen. After entering a trade and setting TP and SL you just have to wait for the conclusion either it hit your tp or sl that just the mindset a trader need to stick to.
Yes, Our confidence as traders will further get build when we do not have to depend more on the third-party advice or analysis but the decisions made by ourselves. This helps to establish confidence in the strategy that has been developed and also about TP and SL setting to act without being in the backdrop of fear. The results may differ but we are certain that all the decisions that have been arrived at have been based on the understanding of the parties involved hence leading to different results. Thus, as a result we continue to develop the skills and control emotions and fear which are a great contribution to developing a stronger attitude towards any decision that anyone wants to make in future.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
You know honestly speaking dude, I admire you, even though you've been here for a long time in the forum or crypto industry, you admit and accept to yourself that you feel that way about trading. I guess I saw in your personality the character of humility that that should really be our attitude.
Though I also seem to notice in you that you're trying not to worry, sometimes we can't help but worry about the crypto assets we have.
Although we all aim to become successful in the near future.
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I think that courage is very much needed, but self-confidence without proper knowledge of the basic trading skills will only lead to disaster. I am not really a professional trader and most times when the market or chart looks so scary, I just take my leave to avoid taking some actions that I might not be able to explain.
I will rate my trading skills 25% as my skills are not worthy to be called a good trader, this is because I have not really gotten the time to focus there yet, because I know without full focus, it might be disastrous.
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I think that courage is very much needed, but self-confidence without proper knowledge of the basic trading skills will only lead to disaster. I am not really a professional trader and most times when the market or chart looks so scary, I just take my leave to avoid taking some actions that I might not be able to explain.
I will rate my trading skills 25% as my skills are not worthy to be called a good trader, this is because I have not really gotten the time to focus there yet, because I know without full focus, it might be disastrous.
Without full focus on the market it will definitely be disastrous, but when one is dedicated and committed to learn the trading and focus and learn everything about it the trading will be a good and perfect place to earn massively. It really deserves time, commitment and a lot more if not without all this then you will be said to be a farmer going to farm without a hoe you will end up in big losses and huge losses which you will be left in trauma and thinking.
Having better understanding and knowledge of trading will gives you higher ups of making huge money from the market and following economic activity and latest news of the foreign exchange will gives you more information of a better analysis and strategy.
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I think that courage is very much needed, but self-confidence without proper knowledge of the basic trading skills will only lead to disaster. I am not really a professional trader and most times when the market or chart looks so scary, I just take my leave to avoid taking some actions that I might not be able to explain.
I will rate my trading skills 25% as my skills are not worthy to be called a good trader, this is because I have not really gotten the time to focus there yet, because I know without full focus, it might be disastrous.
when I see a scary graph I also don't trade and it's better to wait until the market improves. because I'm still learning in trading and also not a professional trader. I have a busy life in the real world so I can't focus on learning to trade, sometimes I also make the wrong strategy until I fail and lose. but this is a lesson for me to be able to gain experience in trading.
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I think that courage is very much needed, but self-confidence without proper knowledge of the basic trading skills will only lead to disaster. I am not really a professional trader and most times when the market or chart looks so scary, I just take my leave to avoid taking some actions that I might not be able to explain.
I will rate my trading skills 25% as my skills are not worthy to be called a good trader, this is because I have not really gotten the time to focus there yet, because I know without full focus, it might be disastrous.
when I see a scary graph I also don't trade and it's better to wait until the market improves. because I'm still learning in trading and also not a professional trader. I have a busy life in the real world so I can't focus on learning to trade, sometimes I also make the wrong strategy until I fail and lose. but this is a lesson for me to be able to gain experience in trading.
I also do the same thing, when the market is very bad then it is better to wait until the market improves, yes even though there is no such thing as a good market when trading because it can still give us losses.
However, we are not professional traders who can be that good at analyzing, also trading becomes additional income because we have other jobs.
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I also do the same thing, when the market is very bad then it is better to wait until the market improves, yes even though there is no such thing as a good market when trading because it can still give us losses.
However, we are not professional traders who can be that good at analyzing, also trading becomes additional income because we have other jobs.
I even tend to close the market when my position is still in a losing position. And I will wait for the market to improve before looking back at my assets to see whether they have recovered or not. because if we continue to monitor the market when we are losing then it will only disturb our minds and sometimes we will lose focus on our work. Unless we are professional traders then they definitely have a way to handle it better.
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After entering a trade and setting TP and SL you just have to wait for the conclusion either it hit your tp or sl that just the mindset a trader need to stick to.
Undoubtedly the stop, take profit gives absolute security, whether you lose or win, if you lose then obviously you will take a stop , but the most that can happen to the person is that, to lose, and that loss will be controlled, things like that are safer, but losing is always present, as well as winning, in trading there is a particularity or something that I have in mind, if I see that I have more losses than profits then I stop and analyze, because I am not perceiving the correct sense of the market, it means that I must change my way of analyzing the market until I finally obtain more profits than losses, always guaranteeing a positive balance.
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I also do the same thing, when the market is very bad then it is better to wait until the market improves, yes even though there is no such thing as a good market when trading because it can still give us losses.
However, we are not professional traders who can be that good at analyzing, also trading becomes additional income because we have other jobs.
I even tend to close the market when my position is still in a losing position. And I will wait for the market to improve before looking back at my assets to see whether they have recovered or not. because if we continue to monitor the market when we are losing then it will only disturb our minds and sometimes we will lose focus on our work. Unless we are professional traders then they definitely have a way to handle it better.
Stop loss is the best choice to apply, we have to do analysis and set stop loss at the right price, and wait and hope the price can turn around and give us profit.
But again, it will be our own choice, because we should know what is best for us to do when in certain circumstances, and closing the market can also be an option when we see a bad price movement accompanied by bad news.
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Stop loss is the best choice to apply, we have to do analysis and set stop loss at the right price, and wait and hope the price can turn around and give us profit.
But again, it will be our own choice, because we should know what is best for us to do when in certain circumstances, and closing the market can also be an option when we see a bad price movement accompanied by bad news.
Using stop loss function to set the risk limit is one of the processes in trading that is about to be learnt in the trading world. I concur that this is among the ways through which one can set a limit to avoid getting involved with a risk that will seem to grow bigger each day. Nevertheless, there are cases when waiting for the reversal of the price indicated as fairly profitable, but sometimes I think the exit is appropriate in the case if the external conditions make them worse. It is indeed true that these aspects are person dependent because people have different approaches and thinking processes when it comes to managing market conditions. The most important aspect is to believe in whatever decision that has been made in advance and to be prepared for whatever that happens next. There are no good or bad strategies, only analysed choices and preparation for such eventualities that are likely to happen in the process.
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I also do the same thing, when the market is very bad then it is better to wait until the market improves, yes even though there is no such thing as a good market when trading because it can still give us losses.
However, we are not professional traders who can be that good at analyzing, also trading becomes additional income because we have other jobs.
I even tend to close the market when my position is still in a losing position. And I will wait for the market to improve before looking back at my assets to see whether they have recovered or not. because if we continue to monitor the market when we are losing then it will only disturb our minds and sometimes we will lose focus on our work. Unless we are professional traders then they definitely have a way to handle it better.
Stop loss is the best choice to apply, we have to do analysis and set stop loss at the right price, and wait and hope the price can turn around and give us profit.
But again, it will be our own choice, because we should know what is best for us to do when in certain circumstances, and closing the market can also be an option when we see a bad price movement accompanied by bad news.
Well, we also have to assess the situation in the market. because we don't always have to trade every time we open the market. because there are times when the market becomes very difficult to analyze and has the potential to cause us losses if we force ourselves to continue trading in a market situation that is not so good. So yeah, you have to look at the situation in this case too. And yes, staying updated with the latest news will be very helpful in this matter.
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There's nothing like getting afraid of trading, if you know how to trade, you will go for it and take the risk in it to trade, if you cant afford taking the risk, don't trade, also, if you're still learning on how to trade, then don't use huge amount on it, instead start small after you might have stated with demo account to trade with, when all the necessary things have been put in place, we cant have any reason to be afraid of trading, instead we are going to build more on our confidence to trade.
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I'm not afraid of trading, the thing though is that you really need to spend a lot of time and effort in trading if you really wanted to become successful. You won't learn everything overnight.
So if you are not that kind of individual who has a lot of time in your side, then maybe trading is not for you and should be sticking like being a long term investor.
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I'm not afraid of trading, the thing though is that you really need to spend a lot of time and effort in trading if you really wanted to become successful. You won't learn everything overnight.
So if you are not that kind of individual who has a lot of time in your side, then maybe trading is not for you and should be sticking like being a long term investor.
I think that it is not only about the time and efforts spent on trading but rather the understanding that there will certainly be losses. Some newbies are afraid of losing, but they want to be like professional traders or successful traders, failing to realize that if there are no stories of losing, a trader cannot be successful.
To profit from gambling is to be courageous. Trading involves investing funds, so a trader may win or lose. A trader must try to trade and be prepared to conduct market research in order to gradually overcome his fear of gambling. Trading can be enjoyable and profitable when there are no fears.
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No. I really enjoy trading, that's how I learned about cryptocurrencies, by getting involved in the market, buying coins of all kinds, I got into some trouble and had losses due to inexperience, but I didn't give up. I learned “the hard way”. Today, I prefer to buy and hold for the long term.
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No. I really enjoy trading, that's how I learned about cryptocurrencies, by getting involved in the market, buying coins of all kinds, I got into some trouble and had losses due to inexperience, but I didn't give up. I learned “the hard way”. Today, I prefer to buy and hold for the long term.
Yes, if we do not have time and patience in trading, then we will never be successful in trading. And we cannot expect this. Because we have seen many people who, after entering the trading stage, start investing without gaining knowledge about the basic aspects of any training and as a result face losses. And then they call it gambling and leave the training. But again, we have seen many people who have failed in trading many times and still tried to do something good. Now the point is that we should not lose patience, we should be patient and know the basic aspects of trading, we should know about the market, then we can move towards investment.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Trading with fear is something that everyone starts with, but the starting fear is a hurdle that you must pass before you can turn into boldness to take smart trading decisions. In trading, it is always good to stick to a plan, don't just be looking at the screen and trading with the hope of getting it right, this is simply what creates fear and anxiety in the first place. Also try to assess the risk of every trading before plunging into it, and when properly assessed, efforts should e made to minimize the risk which means trade with sense. Also trade strategically, this means that one should properly utilized the tools of technical and fundamental and technical analysis to be able to land yourself a successful and smooth trade.
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Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
I am too; I once traded and had a worse experience. Trading is time-consuming, and you need enough funds to trade, and there's always a need to be one step forward, which you cannot do if you have a day job. Timing is also very important in trading, so ample time on your side is very important. I like the easy path I can still earn because Hodling is also profitable but not as profitable as gambling.
I agree with you on this, as trading is not an easy path to follow if you are not professional in trading as it requires ample time to monitor market and make good mark decisions, truly trading is not for the faint hearted and people should consider their circumstance and goal before venturing into it.
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No. I really enjoy trading, that's how I learned about cryptocurrencies, by getting involved in the market, buying coins of all kinds, I got into some trouble and had losses due to inexperience, but I didn't give up. I learned “the hard way”. Today, I prefer to buy and hold for the long term.
Well, usually people who have experienced losses but don't give up can learn from that experience and start to enjoy trading themselves in the next step. because he understands the market better and can be calmer in trading and making profits. I also prefer to buy and hold and sell until the target is reached. And usually the Swing trade strategy is the one that is often used. But sometimes I also learn to day trade once in a while.
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No. I really enjoy trading, that's how I learned about cryptocurrencies, by getting involved in the market, buying coins of all kinds, I got into some trouble and had losses due to inexperience, but I didn't give up. I learned “the hard way”. Today, I prefer to buy and hold for the long term.
Well, usually people who have experienced losses but don't give up can learn from that experience and start to enjoy trading themselves in the next step. because he understands the market better and can be calmer in trading and making profits. I also prefer to buy and hold and sell until the target is reached. And usually the Swing trade strategy is the one that is often used. But sometimes I also learn to day trade once in a while.
Learning from one’s mistake will keep the person going and moving forward cause next time you won’t have to make that same mistake you did, but when you encounter losses and you easily gave up then there isn’t anything left for who rather than failure. As a trader even if you encounter loss a lot you just have to keep learning and derive from your mistakes and take correction.
As a trader all we have to know is that the game is either win or loss and that just the true fact. Being a day to day trader deserves a lot of focus and commitment cause before an entry we can be on chart all day just trying to analyze the market for perfect timing to take advantage of the market. However, placing a entry without knowledge will definitely result into nothing other than loss. So we have to keep learning to become professional traders.
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Learning from one’s mistake will keep the person going and moving forward cause next time you won’t have to make that same mistake you did, but when you encounter losses and you easily gave up then there isn’t anything left for who rather than failure. As a trader even if you encounter loss a lot you just have to keep learning and derive from your mistakes and take correction.
As a trader all we have to know is that the game is either win or loss and that just the true fact. Being a day to day trader deserves a lot of focus and commitment cause before an entry we can be on chart all day just trying to analyze the market for perfect timing to take advantage of the market. However, placing a entry without knowledge will definitely result into nothing other than loss. So we have to keep learning to become professional traders.
All activities that we undertake will create a style of thinking that is better than the previous one. Perhaps we have been in a state of frustration, where it appears that everything is an endeavour is in vain, out from that situation a new approach to work begins that is far better. This is a saying that means that small modifications that we make from the current behaviour may lead to an entirely different outcome. Not because we are luckier, but because, over the years we start to sideline activities that bring about misfortune. The more the evaluation is done the more one is in a position to take more appropriate actions or measures. These are the sort that do not spring up overnight or in a day or within some weeks or months, it takes years. I do not merely learn how to handle pressure but also learn how to go ahead and make decisions on my on strength without necessarily being propelled by non-quantifiable feelings or perceptions.
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It is like we have the same analogy of hodling more of crypto than trading it. Ever since I learned about crypto, I have been more into investing and hodl for long term than trading. I haven't thought about learning trading for once or finding someone who will teach me to gain expertise in trading because trading is riskier than investing and hodl Bitcoin for long term
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Stop loss is the best choice to apply, we have to do analysis and set stop loss at the right price, and wait and hope the price can turn around and give us profit.
But again, it will be our own choice, because we should know what is best for us to do when in certain circumstances, and closing the market can also be an option when we see a bad price movement accompanied by bad news.
Using stop loss function to set the risk limit is one of the processes in trading that is about to be learnt in the trading world. I concur that this is among the ways through which one can set a limit to avoid getting involved with a risk that will seem to grow bigger each day. Nevertheless, there are cases when waiting for the reversal of the price indicated as fairly profitable, but sometimes I think the exit is appropriate in the case if the external conditions make them worse. It is indeed true that these aspects are person dependent because people have different approaches and thinking processes when it comes to managing market conditions. The most important aspect is to believe in whatever decision that has been made in advance and to be prepared for whatever that happens next. There are no good or bad strategies, only analysed choices and preparation for such eventualities that are likely to happen in the process.
As traders we must be prepared for the worst, therefore in analyzing we not only analyze the price increase, but we also analyze the decrease.
If we have entered, then it is certain that we are ready for everything. Whether it is losing money or getting a loss, we have really let go of the money we put into the trading wallet.
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It is like we have the same analogy of hodling more of crypto than trading it. Ever since I learned about crypto, I have been more into investing and hodl for long term than trading. I haven't thought about learning trading for once or finding someone who will teach me to gain expertise in trading because trading is riskier than investing and hodl Bitcoin for long term
indeed trading is very high risk, if you are unable to withstand the onslaught of the market it is better not to trade because the market cannot be predicted but if you want to keep trading look for coins that have little risk such as bitcoin, Eth, Bnb or SOL that's my opinion. because I have experienced trading and the results are getting big losses but I am not discouraged I still play crypto but long-term investment is better than trading, everyone must have different points of view about this friend.
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indeed trading is very high risk, if you are unable to withstand the onslaught of the market it is better not to trade because the market cannot be predicted but if you want to keep trading look for coins that have little risk such as bitcoin, Eth, Bnb or SOL that's my opinion. because I have experienced trading and the results are getting big losses but I am not discouraged I still play crypto but long-term investment is better than trading, everyone must have different points of view about this friend.
To my mind, it is not easy to decide to remain invested in the world of cryptocurrencies just knowing that it is possible to lose millions of dollars. Most would have left when the situation changed to the otherwise unsuitable one, but you decided to stay and adjust for the change. It is not only about passion but about the fact that this market is not fully controllable, and that is why the strategies are needed. When you talk of large assets that are associated with lower risk, you cannot talk of this large multinational and international firms but how they fared during the test. You prove that in a move it is not the failure which puts an end to it, but the decision not to learn out of all the moves made thus far.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
We should have to avoid that kind of habit when trading. There are many traders who made mistakes and get losses because of watching too much in the chart. When a trader keeps looking at the chart, there is a chance that they will change their entry price because they will see things they don't see in their first analysis, in other words you will be deceived by the chart. If you keep looking at the chart it is a sign that you are a beginner or else you're not confident with your analysis.
yes, we must avoid it, with confidence we can be more comfortable if we make the right or wrong decision when trading, because from my experience I have used analysis, people experience very painful defeats, but when I lose with my analysis, when I lose, I don't feel like I've lost, I'm just unlucky at that time and I'm sure luck will return at some point in the future,
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
We should have to avoid that kind of habit when trading. There are many traders who made mistakes and get losses because of watching too much in the chart. When a trader keeps looking at the chart, there is a chance that they will change their entry price because they will see things they don't see in their first analysis, in other words you will be deceived by the chart. If you keep looking at the chart it is a sign that you are a beginner or else you're not confident with your analysis.
yes, we must avoid it, with confidence we can be more comfortable if we make the right or wrong decision when trading, because from my experience I have used analysis, people experience very painful defeats, but when I lose with my analysis, when I lose, I don't feel like I've lost, I'm just unlucky at that time and I'm sure luck will return at some point in the future,
When you lose through your own analysis, it will not have much emotional impact on you. You will consider it as bad luck. But when you copy someone else's analysis and listen to someone else's words and invest in a coin and lose there, you will feel guilty and regret why you copied their idea. That is why I would say that in trading, always give more priority to your own analysis and always trade based on your own research.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
We should have to avoid that kind of habit when trading. There are many traders who made mistakes and get losses because of watching too much in the chart. When a trader keeps looking at the chart, there is a chance that they will change their entry price because they will see things they don't see in their first analysis, in other words you will be deceived by the chart. If you keep looking at the chart it is a sign that you are a beginner or else you're not confident with your analysis.
yes, we must avoid it, with confidence we can be more comfortable if we make the right or wrong decision when trading, because from my experience I have used analysis, people experience very painful defeats, but when I lose with my analysis, when I lose, I don't feel like I've lost, I'm just unlucky at that time and I'm sure luck will return at some point in the future,
I agree. It hurts so much when you see that your first analysis will materialize. Aside from that, it also hurts if we let others to trade our funds. It's good to lose as long as I did my best to produce a better analysis, since I know that by learning from my mistakes, I'll be profitable one day. I'm confident that if we have a profitable trading strategy, we will not believe that our success was due to luck.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
We should have to avoid that kind of habit when trading. There are many traders who made mistakes and get losses because of watching too much in the chart. When a trader keeps looking at the chart, there is a chance that they will change their entry price because they will see things they don't see in their first analysis, in other words you will be deceived by the chart. If you keep looking at the chart it is a sign that you are a beginner or else you're not confident with your analysis.
yes, we must avoid it, with confidence we can be more comfortable if we make the right or wrong decision when trading, because from my experience I have used analysis, people experience very painful defeats, but when I lose with my analysis, when I lose, I don't feel like I've lost, I'm just unlucky at that time and I'm sure luck will return at some point in the future,
I agree. It hurts so much when you see that your first analysis will materialize. Aside from that, it also hurts if we let others to trade our funds. It's good to lose as long as I did my best to produce a better analysis, since I know that by learning from my mistakes, I'll be profitable one day. I'm confident that if we have a profitable trading strategy, we will not believe that our success was due to luck.
Having a better strategy that work well for you before trading will help to boost your confidence and commitment to the market, it will definitely build your boldness and will be very positive that knowledge keeps you going cause in trading nothing is much easier than having a strategy that works well and hits your tp. But what hurts most is when your sl got sweep and market reverse after sweeping your sl damn bro that really hurts cause it looks like you don’t even know what you are doing anymore but learning from self Mistakes is much better than learning from someone or your mentors mistake. Sometimes it really difficult to come up with strategy that suits you despite they are a lot of strategy but all it needs is we should keep trying and we will definitely get a suitable strategy that works perfectly.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
We should have to avoid that kind of habit when trading. There are many traders who made mistakes and get losses because of watching too much in the chart. When a trader keeps looking at the chart, there is a chance that they will change their entry price because they will see things they don't see in their first analysis, in other words you will be deceived by the chart. If you keep looking at the chart it is a sign that you are a beginner or else you're not confident with your analysis.
yes, we must avoid it, with confidence we can be more comfortable if we make the right or wrong decision when trading, because from my experience I have used analysis, people experience very painful defeats, but when I lose with my analysis, when I lose, I don't feel like I've lost, I'm just unlucky at that time and I'm sure luck will return at some point in the future,
I agree. It hurts so much when you see that your first analysis will materialize. Aside from that, it also hurts if we let others to trade our funds. It's good to lose as long as I did my best to produce a better analysis, since I know that by learning from my mistakes, I'll be profitable one day. I'm confident that if we have a profitable trading strategy, we will not believe that our success was due to luck.
Having a better strategy that work well for you before trading will help to boost your confidence and commitment to the market, it will definitely build your boldness and will be very positive that knowledge keeps you going cause in trading nothing is much easier than having a strategy that works well and hits your tp. But what hurts most is when your sl got sweep and market reverse after sweeping your sl damn bro that really hurts cause it looks like you don’t even know what you are doing anymore but learning from self Mistakes is much better than learning from someone or your mentors mistake. Sometimes it really difficult to come up with strategy that suits you despite they are a lot of strategy but all it needs is we should keep trying and we will definitely get a suitable strategy that works perfectly.
It is impossible for a trader to be confident if he doesn't know that the strategy he is going to use in trading is good. Maybe there are traders who say that they are confident in their strategy but later on lose all their funds in the trade. When that happens, it just means that they are not really confident. Maybe they feel confident because they have not tried their first couple of trades.
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It is impossible for a trader to be confident if he doesn't know that the strategy he is going to use in trading is good. Maybe there are traders who say that they are confident in their strategy but later on lose all their funds in the trade. When that happens, it just means that they are not really confident. Maybe they feel confident because they have not tried their first couple of trades.
being confident in our trading strategy is the main capital of a trader, because a trader must have good analysis and strategy in order to gain profit.
By always practicing to gain experience will make us become professional traders, but as many people say this takes a long time and we must be patient in doing it by always focusing.
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It's not about being afraid of trading, but knowing how to trade, because when you summon a fake confidence and go into trading without knowing anything, you will loose everything, trading is about building ourselves right from the start, that we may be able to hold onto the things that we know and perform on them as we are trading, this is where our courage and confidence should lies to trade
Sometimes watching too much actually makes you more confused because each trader has their own tricks for reading the market, the accuracy of analysis is probably what should be prioritized in learning trading, if the analysis is wrong, loss will definitely come your way
We should have to avoid that kind of habit when trading. There are many traders who made mistakes and get losses because of watching too much in the chart. When a trader keeps looking at the chart, there is a chance that they will change their entry price because they will see things they don't see in their first analysis, in other words you will be deceived by the chart. If you keep looking at the chart it is a sign that you are a beginner or else you're not confident with your analysis.
yes, we must avoid it, with confidence we can be more comfortable if we make the right or wrong decision when trading, because from my experience I have used analysis, people experience very painful defeats, but when I lose with my analysis, when I lose, I don't feel like I've lost, I'm just unlucky at that time and I'm sure luck will return at some point in the future,
When you lose through your own analysis, it will not have much emotional impact on you. You will consider it as bad luck. But when you copy someone else's analysis and listen to someone else's words and invest in a coin and lose there, you will feel guilty and regret why you copied their idea. That is why I would say that in trading, always give more priority to your own analysis and always trade based on your own research.
Yes, when we lose there even after guessing, then a lot of people are affected inside us. By doing this, we gradually decide to move back from there. But if we assume this, we have to stand up and move forward for a brighter future. If this happens to you, then we can consider it bad luck and try again. After losing repeatedly in a person's life, he does not leave his destination, later he finds his success. Yes, you said that if we copy the analysis of others and if we face losses there, then we will definitely blame ourselves and later our mental stress will come and we will think why did I copy the analysis of others, maybe I should have tried it myself. So I am going to say that we need the knowledge of others and we also need our own experience, we cannot move forward with investment based only on the knowledge of others, as a result, we will face more losses there.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
Sincerely am not a trader and I don't think I want to be a trader though I may not say am against people that do trade after all is a personal decision so why will I want to be against, as a person or an individual in the crypto space we should have the reason or goals we are after, we must have a direction and I think my goals is to keep acumulating Bitcoin as much as I can continuously and consistently to keep hodling for a long-term, am not after any short term gain or profit as we may choose to call it, I see traders as people who gamble in and out, just as you said there is more risk in trading than hodling, as a hodler once price drops, your Bitcoin drops but value remains the same if it upsurge in the process you bounce back higher too, you can only lose access to your holdings when you misplace or forget your passphrase, key or password but as a trader, losing is inevitable, I think they difference is now clear which way to follow.
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It is impossible for a trader to be confident if he doesn't know that the strategy he is going to use in trading is good. Maybe there are traders who say that they are confident in their strategy but later on lose all their funds in the trade. When that happens, it just means that they are not really confident. Maybe they feel confident because they have not tried their first couple of trades.
being confident in our trading strategy is the main capital of a trader, because a trader must have good analysis and strategy in order to gain profit.
By always practicing to gain experience will make us become professional traders, but as many people say this takes a long time and we must be patient in doing it by always focusing.
Even if we compare it to real life, when a person is confident in what he is doing, we can say that he really knows what he is doing. Just like in trading, when a trader remains confident even though this week almost all of his trades have lost, it just means that he knows that there are indeed opportunities like this and that he will also recover his losses in the next trades. Of course, he has also proven to himself how to grow his capital.
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When you lose through your own analysis, it will not have much emotional impact on you. You will consider it as bad luck. But when you copy someone else's analysis and listen to someone else's words and invest in a coin and lose there, you will feel guilty and regret why you copied their idea. That is why I would say that in trading, always give more priority to your own analysis and always trade based on your own research.
I think here that when we go into trading after analyzing ourselves and lose a trade due to an mistakes in the analysis, and responsible traders, instead of feeling regret at this time, see where their mistake was and will explore to avoid making that mistake in the future.
On the other hand, if you follow someone's signal and just trade and face a loss, then you have nothing to do but feel regret and vilify the person whose trading signal you followed.
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We actually need to understand the crypto currency market. And gain ideas and experience. In fact, there is a specific time in the market when we can buy the coins and make a profit. If you think the market is now at a stable level, then you can buy coins and hold them for the future. Although trading is risky, but you can earn more money by doing so. So if you are interested in trending, then you should pay attention to the crypto currency market.
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We actually need to understand the crypto currency market. And gain ideas and experience. In fact, there is a specific time in the market when we can buy the coins and make a profit. If you think the market is now at a stable level, then you can buy coins and hold them for the future. Although trading is risky, but you can earn more money by doing so. So if you are interested in trending, then you should pay attention to the crypto currency market.
I think you have been lured into entering the crypto market given that there are some patterns that keep repeating themselves now and then. Despite this, the market also has its own pattern and it is only if you wait to carefully observe it day to day. This is because there are many decisions that are not made through preposterous decision making but more through careful reconsideration of some information or news being received. And when you feel confident with that process, no matter what your next move is, it is going to be grounded. According to me, there would be further growth in the curiosity to get more genuine and slower learning.
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We actually need to understand the crypto currency market. And gain ideas and experience. In fact, there is a specific time in the market when we can buy the coins and make a profit. If you think the market is now at a stable level, then you can buy coins and hold them for the future. Although trading is risky, but you can earn more money by doing so. So if you are interested in trending, then you should pay attention to the crypto currency market.
Not Stable market right now i think. My observession market will fall and bear market coming. So we have to more census about trading. In bear market trading is very risky. To trade properly we need proper knowledge about trading. Without proper knowledge and training we will loss our valuable fund there has no doubt.
So we have to gather knowledge and after then we should trade. Otherwise we can buy currency and hold for long time and wait for bull market.
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We actually need to understand the crypto currency market. And gain ideas and experience. In fact, there is a specific time in the market when we can buy the coins and make a profit. If you think the market is now at a stable level, then you can buy coins and hold them for the future. Although trading is risky, but you can earn more money by doing so. So if you are interested in trending, then you should pay attention to the crypto currency market.
In fact, if we want to get involved in cryptocurrency or invest, we must first have a good knowledge of the market and know the fundamentals of trading. Even if we do not have these inside us, we can analyze it by taking some numbers and investing. We know that the market is not stable, it is moving, and it changes every moment. Although we know that trading is very risky for us, we should still try to analyze a currency well and predict what it can be in the future. So I say if you want to get involved in cryptocurrency or want to be with crypto trading, then you must spend time in the crypto market.
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We actually need to understand the crypto currency market. And gain ideas and experience. In fact, there is a specific time in the market when we can buy the coins and make a profit. If you think the market is now at a stable level, then you can buy coins and hold them for the future. Although trading is risky, but you can earn more money by doing so. So if you are interested in trending, then you should pay attention to the crypto currency market.
I concur. Cryptocurrency is like a business and every business has its own risk, so fear of the risk involved shouldn't be a factor that should scare one away from trading rather the fear of the risk should be a propelling force that one should use to properly and effectively trade. What I mean here is that because you have the anxiety of the risk involved it means that you can channel this fear into playing your part well, and this part includes having sufficient knowledge about a trade before placing the trade also properly utilizing the strategies involved in cryptocurrency, and this strategies involves the use of proper technical and fundamental analysis to better understand before leaping into any trade.
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In fact, if we want to get involved in cryptocurrency or invest, we must first have a good knowledge of the market and know the fundamentals of trading. Even if we do not have these inside us, we can analyze it by taking some numbers and investing. We know that the market is not stable, it is moving, and it changes every moment. Although we know that trading is very risky for us, we should still try to analyze a currency well and predict what it can be in the future. So I say if you want to get involved in cryptocurrency or want to be with crypto trading, then you must spend time in the crypto market.
A trader who is not prepared to understand the fundamentals of trading will suffer significant losses in the cryptocurrency market. Sometimes the analysis and research is not enough to make a trader profit since the cryptocurrency market is volatile and so subject to changes which can either be favourable to the trader or not but then a trader who ignores an understanding and knowledge of the market will likely make wrong trading decisions.
Thus, in order to trade successfully and profitably, a trader must be diligent in studying the cryptocurrency market, as no trader wants to lose money. After all, the goal of trading is to make money, and in order to do so, efforts must be made to make the right trading decisions.
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In fact, if we want to get involved in cryptocurrency or invest, we must first have a good knowledge of the market and know the fundamentals of trading. Even if we do not have these inside us, we can analyze it by taking some numbers and investing. We know that the market is not stable, it is moving, and it changes every moment. Although we know that trading is very risky for us, we should still try to analyze a currency well and predict what it can be in the future. So I say if you want to get involved in cryptocurrency or want to be with crypto trading, then you must spend time in the crypto market.
A trader who is not prepared to understand the fundamentals of trading will suffer significant losses in the cryptocurrency market. Sometimes the analysis and research is not enough to make a trader profit since the cryptocurrency market is volatile and so subject to changes which can either be favourable to the trader or not but then a trader who ignores an understanding and knowledge of the market will likely make wrong trading decisions.
Thus, in order to trade successfully and profitably, a trader must be diligent in studying the cryptocurrency market, as no trader wants to lose money. After all, the goal of trading is to make money, and in order to do so, efforts must be made to make the right trading decisions.
studying the crypto market and always monitoring the market is a way for traders to be able to read opportunities in developing the right strategy.
but learning to make both fundamental and technical analysis is the basis for becoming a trader, because this is basic knowledge that a trader must have.
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In fact, if we want to get involved in cryptocurrency or invest, we must first have a good knowledge of the market and know the fundamentals of trading. Even if we do not have these inside us, we can analyze it by taking some numbers and investing. We know that the market is not stable, it is moving, and it changes every moment. Although we know that trading is very risky for us, we should still try to analyze a currency well and predict what it can be in the future. So I say if you want to get involved in cryptocurrency or want to be with crypto trading, then you must spend time in the crypto market.
A trader who is not prepared to understand the fundamentals of trading will suffer significant losses in the cryptocurrency market. Sometimes the analysis and research is not enough to make a trader profit since the cryptocurrency market is volatile and so subject to changes which can either be favourable to the trader or not but then a trader who ignores an understanding and knowledge of the market will likely make wrong trading decisions.
Thus, in order to trade successfully and profitably, a trader must be diligent in studying the cryptocurrency market, as no trader wants to lose money. After all, the goal of trading is to make money, and in order to do so, efforts must be made to make the right trading decisions.
Even if you are prepared but still you can be able to incur loses but the main difference into those people who are prepared is that they do have plans or back up whenever their initial strategies fails. Trading is something that shouldnt be that afraid of. It all matters about that emotion control and mindset you do have because if you are prepared on what are the outcomes that you might faced on or simply risks handling then you wont be thinking up or feeling up on this way. It is understandable that you are afraid on losing money but since you do need up to take up a risks to earn profits then this is part of the journey that you do need up to deal on with. You do need to risks to earn or get something in back but of course you do need to be wise into the decisions that you are taking into.
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In fact, if we want to get involved in cryptocurrency or invest, we must first have a good knowledge of the market and know the fundamentals of trading. Even if we do not have these inside us, we can analyze it by taking some numbers and investing. We know that the market is not stable, it is moving, and it changes every moment. Although we know that trading is very risky for us, we should still try to analyze a currency well and predict what it can be in the future. So I say if you want to get involved in cryptocurrency or want to be with crypto trading, then you must spend time in the crypto market.
A trader who is not prepared to understand the fundamentals of trading will suffer significant losses in the cryptocurrency market. Sometimes the analysis and research is not enough to make a trader profit since the cryptocurrency market is volatile and so subject to changes which can either be favourable to the trader or not but then a trader who ignores an understanding and knowledge of the market will likely make wrong trading decisions.
Thus, in order to trade successfully and profitably, a trader must be diligent in studying the cryptocurrency market, as no trader wants to lose money. After all, the goal of trading is to make money, and in order to do so, efforts must be made to make the right trading decisions.
It is a way to analyze a currency in the Crypto market and always observe the market and gain knowledge about the rules and strategies of the market. And it is a good idea to have basic knowledge about market analysis and analyze a currency. A skilled trader should take care of these so that he can guess the right amount on a currency and think about the fundamentals and then invest there and make a profit there.
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In fact, if we want to get involved in cryptocurrency or invest, we must first have a good knowledge of the market and know the fundamentals of trading. Even if we do not have these inside us, we can analyze it by taking some numbers and investing. We know that the market is not stable, it is moving, and it changes every moment. Although we know that trading is very risky for us, we should still try to analyze a currency well and predict what it can be in the future. So I say if you want to get involved in cryptocurrency or want to be with crypto trading, then you must spend time in the crypto market.
A trader who is not prepared to understand the fundamentals of trading will suffer significant losses in the cryptocurrency market. Sometimes the analysis and research is not enough to make a trader profit since the cryptocurrency market is volatile and so subject to changes which can either be favourable to the trader or not but then a trader who ignores an understanding and knowledge of the market will likely make wrong trading decisions.
Thus, in order to trade successfully and profitably, a trader must be diligent in studying the cryptocurrency market, as no trader wants to lose money. After all, the goal of trading is to make money, and in order to do so, efforts must be made to make the right trading decisions.
It is a way to analyze a currency in the Crypto market and always observe the market and gain knowledge about the rules and strategies of the market. And it is a good idea to have basic knowledge about market analysis and analyze a currency. A skilled trader should take care of these so that he can guess the right amount on a currency and think about the fundamentals and then invest there and make a profit there.
In the crypto world, one must pay the ultimate attention to the market and expanding the information about it. In trading we move with the flow, but we further enrich ourselves with tools to understand the direction or rules of markets that would allow technical or fundamental evaluation of currencies. Such knowledge is not only vital for tracking down prices, but also for making some better decisions. If the company has a strong ground we can be very hopeful to invest with an aim of getting maximum profits in the future because we will be in a position to predict the movement of the market.
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It is like we have the same analogy of hodling more of crypto than trading it. Ever since I learned about crypto, I have been more into investing and hodl for long term than trading. I haven't thought about learning trading for once or finding someone who will teach me to gain expertise in trading because trading is riskier than investing and hodl Bitcoin for long term
We need to pay a lot of attention to the crypto market and spread the information about it. And if we see a skilled trader, they are using their skills to meet the basic needs of their lives. And they find trading much easier than long-term holding in the cryptocurrency market. And they use their trading fundamentals or their own knowledge, they trade several times a day or a week. Although it is better for us to invest for the long term, if we have the knowledge of trading, we can choose trading for our quick money.
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We actually need to understand the crypto currency market. And gain ideas and experience. In fact, there is a specific time in the market when we can buy the coins and make a profit. If you think the market is now at a stable level, then you can buy coins and hold them for the future. Although trading is risky, but you can earn more money by doing so. So if you are interested in trending, then you should pay attention to the crypto currency market.
Not Stable market right now i think. My observession market will fall and bear market coming. So we have to more census about trading. In bear market trading is very risky. To trade properly we need proper knowledge about trading. Without proper knowledge and training we will loss our valuable fund there has no doubt.
So we have to gather knowledge and after then we should trade. Otherwise we can buy currency and hold for long time and wait for bull market.
Yes, this market situation has become risky for us. Now we should use our knowledge and skills effectively. Now there is no more bear market. We have to hold on to our long-term investments until the market develops into a bull market. We will initially use our knowledge and skills to trade small amounts. So that we do not lose money from our own funds. And we do not have to face any risks.
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Yes, this market situation has become risky for us. Now we should use our knowledge and skills effectively. Now there is no more bear market. We have to hold on to our long-term investments until the market develops into a bull market. We will initially use our knowledge and skills to trade small amounts. So that we do not lose money from our own funds. And we do not have to face any risks.
In any market condition, we must always have proper knowledge. Yes, we must have skills and ability as a trader. We must always do analysis in any market condition, whether it is in bad or good market condition.
If we are newbies, it is very recommended to use small amount of money. But if we are experienced enough, we can use bigger money. Using $500 or even more than $1000 is no problem for experienced traders. Although it is riskier, we understand how to deal with the risks.
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In any market condition, we must always have proper knowledge. Yes, we must have skills and ability as a trader. We must always do analysis in any market condition, whether it is in bad or good market condition.
If we are newbies, it is very recommended to use small amount of money. But if we are experienced enough, we can use bigger money. Using $500 or even more than $1000 is no problem for experienced traders. Although it is riskier, we understand how to deal with the risks.
That’s what I understand, that each trader should not only invest money capital, but the trained mental capital is also required. If you say that you lack it [experience] when you have to go for a big leap, that indicates a sense of reality that few possess when at the onset. As I do not perceive it under the scope of big or small, I have to ready myself for the fact, which the market is not always in your favour. It was found that instead of admitting luck as the cause of result in stock trading by the experienced traders, they have committed more mistakes and learnt how to correct them. That is why the big value in their account is not just a number but rather understanding of where to stay and where to leave, that checked by analytical tools.
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That’s what I understand, that each trader should not only invest money capital, but the trained mental capital is also required. If you say that you lack it [experience] when you have to go for a big leap, that indicates a sense of reality that few possess when at the onset.
It is unfortunate that mental capital is frequently ignored by traders, but the fact remains that mental capital is just as important as trading capital. The mental capital, which includes emotional resilience and the ability to effectively manage risk, has a significant impact on how focused a trader remains in his trading.
The reason focus is important in trading is that the market is volatile, and there are always ups and downs in trading that can either strengthen or disorganize the trader; however, when the trader is focused, those downward movements will not impede continuous trading.
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Yes, this market situation has become risky for us. Now we should use our knowledge and skills effectively. Now there is no more bear market. We have to hold on to our long-term investments until the market develops into a bull market. We will initially use our knowledge and skills to trade small amounts. So that we do not lose money from our own funds. And we do not have to face any risks.
In any market condition, we must always have proper knowledge. Yes, we must have skills and ability as a trader. We must always do analysis in any market condition, whether it is in bad or good market condition.
If we are newbies, it is very recommended to use small amount of money. But if we are experienced enough, we can use bigger money. Using $500 or even more than $1000 is no problem for experienced traders. Although it is riskier, we understand how to deal with the risks.
For me when I started, I used $500, it's not that I have a lot of money to begin with, but I really wanted to learn trading and willing to risk that kind of amount for my own knowledge. But that was back then, now I don't trade anymore, I just choose to just HODL with Bitcoin and no longer into the altcoin market for this cycle. Maybe it was just me, but I guess when you are getting older, it might be very hard to stay in front of your computer the whole day to watch patterns and price movement that's why I just stay and be a long term HODLer.
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It is unfortunate that mental capital is frequently ignored by traders, but the fact remains that mental capital is just as important as trading capital. The mental capital, which includes emotional resilience and the ability to effectively manage risk, has a significant impact on how focused a trader remains in his trading.
The reason focus is important in trading is that the market is volatile, and there are always ups and downs in trading that can either strengthen or disorganize the trader; however, when the trader is focused, those downward movements will not impede continuous trading.
Mental aspect should be improved when we have more experience in trading. However, to ensure that we have better mentality, we must have good understanding. So we don't panic to face any condition in the market. Sure, there are traders who don't care with the mental aspect. They may assume it is not too significant matter in trading. However, I agree with you that mental is very crucial in trading.
Yes. There are always up and down of crypto prices in the market. But we shouldn't panic if we know it well. We must understand that there should be pump after dump. As long as we understand this, we will have good mentality.
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Mental aspect should be improved when we have more experience in trading. However, to ensure that we have better mentality, we must have good understanding. So we don't panic to face any condition in the market. Sure, there are traders who don't care with the mental aspect. They may assume it is not too significant matter in trading. However, I agree with you that mental is very crucial in trading.
Yes. There are always up and down of crypto prices in the market. But we shouldn't panic if we know it well. We must understand that there should be pump after dump. As long as we understand this, we will have good mentality.
I agree with your thought. Mental capital is not improved only by research but most of the times it is improved by experience. The fact that it is always said that experience is the best teacher portrays how big the role of experience in developing the mental capital of a trader.
No trader wants to make the same mistake twice, so experience will help the trader avoid the trading behaviour that caused his loss.
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No one is perfect, you just need to educate yourself with the proper knowledge and perfect yourself with one strategy and stick to it. spot traders are more of holding, which is also trading while future traders are the actual traders
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No one is perfect, you just need to educate yourself with the proper knowledge and perfect yourself with one strategy and stick to it. spot traders are more of holding, which is also trading while future traders are the actual traders
Futures are that much more having that bigger risks comparing into those spot ones considering the leverage then it will be that entirely be different but still when it comes to the execution of trades then it will be just that almost the same. There are just that those individuals who do easily get that being too emotional at the moment that they do lose up money on which they've been thinking up that much that if they will be continuing then they will be losing up more. Yes, this is possible but the risks could be lessen out at the moment that you do able to know or gain up experience.
You would be only finding yourself that being scared at the time or moment that you arent that applying any analysis.
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I agree with your thought. Mental capital is not improved only by research but most of the times it is improved by experience. The fact that it is always said that experience is the best teacher portrays how big the role of experience in developing the mental capital of a trader.
Mental can be improved when we have already done it many times. If we have traded many times, naturally mental should be improved.
Research is one of many aspects that we get from experience. Improving the skills on research sometimes can have an impact on the mentality as well. It is because when we can do research better, we know better the possibility for the crypto prices in the future. This can make us be more confident.
No trader wants to make the same mistake twice, so experience will help the trader avoid the trading behaviour that caused his loss.
Sure, no one wants to do the same mistake. But in the reality, many people/traders do it again. ;D
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For me when I started, I used $500, it's not that I have a lot of money to begin with, but I really wanted to learn trading and willing to risk that kind of amount for my own knowledge. But that was back then, now I don't trade anymore, I just choose to just HODL with Bitcoin and no longer into the altcoin market for this cycle. Maybe it was just me, but I guess when you are getting older, it might be very hard to stay in front of your computer the whole day to watch patterns and price movement that's why I just stay and be a long term HODLer.
That was very risky for someone who was just learning about crypto trading then, however what happened to the $500?, did you loss all the money during the learning or you multiply it to a bigger amount of money?, perhaps you come from the country were such amount isn't that big because if it were to be me I wouldn't try that because the money is too big and even if it could have been use for that it should have been when the person has understood trading very well, I no that I risk money before in trading in those days but it was an average amount. However you have done well for holding instead.
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For me when I started, I used $500, it's not that I have a lot of money to begin with, but I really wanted to learn trading and willing to risk that kind of amount for my own knowledge. But that was back then, now I don't trade anymore, I just choose to just HODL with Bitcoin and no longer into the altcoin market for this cycle. Maybe it was just me, but I guess when you are getting older, it might be very hard to stay in front of your computer the whole day to watch patterns and price movement that's why I just stay and be a long term HODLer.
That was very risky for someone who was just learning about crypto trading then, however what happened to the $500?, did you loss all the money during the learning or you multiply it to a bigger amount of money?, perhaps you come from the country were such amount isn't that big because if it were to be me I wouldn't try that because the money is too big and even if it could have been use for that it should have been when the person has understood trading very well, I no that I risk money before in trading in those days but it was an average amount. However you have done well for holding instead.
I'm also curious to know the outcome of his first trading experience. For someone that's never engaged in crypto trading before, starting with $500 dollars was very risky and regardless of the result, I won't advise anyone to do same unless you're financially strong enough to wave such amount when you lose it. For people who's mastered trading, it's actually the most profitable engagement in the crypto market but before you begin risking huge amounts of money, you just have to make sure you know how to make the best out of it.
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For me when I started, I used $500, it's not that I have a lot of money to begin with, but I really wanted to learn trading and willing to risk that kind of amount for my own knowledge. But that was back then, now I don't trade anymore, I just choose to just HODL with Bitcoin and no longer into the altcoin market for this cycle. Maybe it was just me, but I guess when you are getting older, it might be very hard to stay in front of your computer the whole day to watch patterns and price movement that's why I just stay and be a long term HODLer.
That was very risky for someone who was just learning about crypto trading then, however what happened to the $500?, did you loss all the money during the learning or you multiply it to a bigger amount of money?, perhaps you come from the country were such amount isn't that big because if it were to be me I wouldn't try that because the money is too big and even if it could have been use for that it should have been when the person has understood trading very well, I no that I risk money before in trading in those days but it was an average amount. However you have done well for holding instead.
I'm also curious to know the outcome of his first trading experience. For someone that's never engaged in crypto trading before, starting with $500 dollars was very risky and regardless of the result, I won't advise anyone to do same unless you're financially strong enough to wave such amount when you lose it. For people who's mastered trading, it's actually the most profitable engagement in the crypto market but before you begin risking huge amounts of money, you just have to make sure you know how to make the best out of it.
Of course, starting with $500 may seem like a very big bet in particular if the persons who start it don’t know how the cryptomarket works. But if you want to take this road, it is high time to do it prudently and with the money that can be considered as wasted. While crypto is one of the greatest opportunities to earn massive amounts of money, it also has great risks. It would thus be easier to make right decisions once we get to understand how a market operates in terms of technical and other factors influencing the prices. It is always advisable to be prepared for the worse because this market is too unpredictable.
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No one is perfect, you just need to educate yourself with the proper knowledge and perfect yourself with one strategy and stick to it. spot traders are more of holding, which is also trading while future traders are the actual traders
Spot traders are also an actual traders dude, the only difference between futures and spot is that you can be liquidated really quickly if you make a wrong entry position in a futures trade. Unlike spot, even if you make a wrong position entry, you will not be liquidated in terms of funds or assets that you have. You will just be left behind or it is up to you if you want to chase the price.
So if you are a trader, there is no room for worry when you do crypto trading, instead you should always be prepared for the consequences
that you may face in an actual trade.
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No one is perfect, you just need to educate yourself with the proper knowledge and perfect yourself with one strategy and stick to it. spot traders are more of holding, which is also trading while future traders are the actual traders
You can't profit from trading if you're not perfect so you need to do a lot of research and practice to make a profit from crypto. Many people buy crypto just to hold it and then short or long it. There are some people who trade with different strategies to make profits. So everything requires experience and you will only feel this when you live in crypto for a long time. Since the money is yours, you have to enjoy the investment, profit, and loss, so you have to move forward with proper market research. From this type of forum you will get enough experience with crypto.
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Trading is the best valuable earning way in cryptocurrency market. Because if we follow in cryptocurrency market, we can understand easily in important of trading system. But if we know about trading, i believe that we can earn huge profit from trading. But if we cannot understand in trading system, it will be best difficult for earning best profit from crypto currency market. So i believe that if we want to earn money from crypto currency market, we should understand in cryptocurrency world.
Yes, you have good point, trading is actually the most lucrative way to earn substantial returns as far as I know. Trading with good capital is an added advantage to earn huge profit overtime, though it also requires some basic knowledge and experiences to navigate the market
As a matter of facts, crypto trading is better than other form of earning on the crypto space, like staking, lending, airdrops bounty etc, in my opinion.
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You can't profit from trading if you're not perfect so you need to do a lot of research and practice to make a profit from crypto. Many people buy crypto just to hold it and then short or long it. There are some people who trade with different strategies to make profits. So everything requires experience and you will only feel this when you live in crypto for a long time. Since the money is yours, you have to enjoy the investment, profit, and loss, so you have to move forward with proper market research. From this type of forum you will get enough experience with crypto.
We can get profits if we have proper knowledge. We may be not perfect but we have the ability to understand the right way to trade. I think it is what he means. ;)
If people want to trade, he must know the right strategy. It is not only about holding, they must know the right time to sell as well. Trading needs to sell in a short time, so it needs to have deep analysis. If people only want to hold for a long time, it is not trading but investing. Sure, both of them needs a research or analysis. It is a must in trading and investment.
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No one is perfect, you just need to educate yourself with the proper knowledge and perfect yourself with one strategy and stick to it. spot traders are more of holding, which is also trading while future traders are the actual traders
You can't profit from trading if you're not perfect so you need to do a lot of research and practice to make a profit from crypto. Many people buy crypto just to hold it and then short or long it. There are some people who trade with different strategies to make profits. So everything requires experience and you will only feel this when you live in crypto for a long time. Since the money is yours, you have to enjoy the investment, profit, and loss, so you have to move forward with proper market research. From this type of forum you will get enough experience with crypto.
You are right to a significant extent because making profits in crypto is not an easy affair. Some are fond of the huge profits making more millions within a short time only, while the wise persons will realise that it, all depends. Indeed, there are no easy ways to unveal, as the cryptocurrency market remains rather unpredictable. Some prefer to go long or short position and there are lot of people who prefer to buy and hold. In any strategy that will be adopted, the aim of extensive market research and the knowledge of the various factors that cause Gold prices cannot be overemphasised. To my mind, it is crucial in order to keep forums and discuss such topics as this as they really help to get to know more on the subject.
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I don't have the data but I think it would be safe to assume that people involved in cryptocurrency are more into HODLING rather than trading. We prefer hodling all because we understand well the possible risks in trading, no matter how good its potential to make money. I am not saying though that trading is something we should not get into but for now we prefer hodling as it is more passive and we can choose to forget the coins and tokens we have and just visit them from time to time.
Now, I would be honest that I am actually afraid of trading as I am not yet equipped with the skills and the knowledge as well as the experience that I must go through to be a successful one.
Do you feel the same...or do you think this is NOT the right way to look at trading?
I honestly don't actively trade, but this does not mean that I am afraid of trading, I am not also well equipped with the vast knowledge in tools that are required or needed to trade effectively, but this is also not a reason to be afraid of trading, as a matter of fact, I still trade from time to time and sometimes I profit, while some other times I lose, but then, this is still something I enjoy doing from time to time.
Not everyone actually likes holding their coins, those who are very good at trading still will prefer to trade their coin and win the profit they are getting, they can increase their holdings from time to time simply by buying at a low price and reselling at a high price.
Trading is very profitable if you know what you are doing, and depending on how good a trader is and the market condition, some traders make better profit than what hodlers make..
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You can't profit from trading if you're not perfect so you need to do a lot of research and practice to make a profit from crypto. Many people buy crypto just to hold it and then short or long it. There are some people who trade with different strategies to make profits. So everything requires experience and you will only feel this when you live in crypto for a long time. Since the money is yours, you have to enjoy the investment, profit, and loss, so you have to move forward with proper market research. From this type of forum you will get enough experience with crypto.
We can get profits if we have proper knowledge. We may be not perfect but we have the ability to understand the right way to trade. I think it is what he means. ;)
If people want to trade, he must know the right strategy. It is not only about holding, they must know the right time to sell as well. Trading needs to sell in a short time, so it needs to have deep analysis. If people only want to hold for a long time, it is not trading but investing. Sure, both of them needs a research or analysis. It is a must in trading and investment.
Obviously, your opinion is very appropriate for this moment. So i am also agree with your prefer comment. I think that trading actually depend on our trading knowledge and trading strategy. Because cryptocurrency market always depending on up and down. So in this situation if we want to earn best profit from crypto trading system, we must do acquire knowledge from crypto currency trade. So if we were a new person in trading events, i think that it will be losses source for us. So i think that we shouldn’t afraid, we should following trading rule carefully, then it must be helpful for us.
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Obviously, your opinion is very appropriate for this moment. So i am also agree with your prefer comment. I think that trading actually depend on our trading knowledge and trading strategy. Because cryptocurrency market always depending on up and down. So in this situation if we want to earn best profit from crypto trading system, we must do acquire knowledge from crypto currency trade. So if we were a new person in trading events, i think that it will be losses source for us. So i think that we shouldn’t afraid, we should following trading rule carefully, then it must be helpful for us.
When we have knowledge, we must know the proper strategy to use. Knowing the strategy is only capable when we do analysis, then we can decide which strategy that is suitable to use in the current market condition. Sure, we don't need to be afraid with any market condition, we only choose the right strategy to use. There are many strategies to use in trading, we can choose the strategy that looks like the most effective one. Yes, if we trade carelessly without the right strategy, we possibly get losses.
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When we have knowledge, we must know the proper strategy to use. Knowing the strategy is only capable when we do analysis, then we can decide which strategy that is suitable to use in the current market condition. Sure, we don't need to be afraid with any market condition, we only choose the right strategy to use. There are many strategies to use in trading, we can choose the strategy that looks like the most effective one. Yes, if we trade carelessly without the right strategy, we possibly get losses.
The concerns of strategic making decision are not so much about remembering what has been taught, in fact that comes out of how well you are able to actually observe what is going around. However, if the above strategies are not evaluated regularly then all those that you have learned you are just but a list. In my opinion I still feel that the market has no concern over how attractive our plans may be, the market will do as it will. The things that help one to survive are the moments of coolness in spite of the fact that you may have to alter your approach in midstream. If we have our reasons for the changes taking place then there is no reason to be frightened regarding those changes.