Are You Afraid of Trading?

[Fivestar4everMVP]

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..

[Azharul]

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.

[debra]

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.

[enwi]

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.