What is the main reason why you trade

[nakmantu99]

maybe when the market drops you buy again and hold to watch when the market go up a little after which you can sell to take profit again with this gradual process you can actually accumulate profit for long run.

When a market is in a tailspin, there are many traders who open their short positions and enter with extreme leverage and according to them they earn much more there than when the market is long, of course this is a fact that things can turn out for the better when we as good traders understand this thanks to experience and although I have this theory clear, the truth is I would be very afraid to open a short position with a leverage greater than 10x, that would really scare me, but that fear is what we must remove no matter what.

when the market is down, I do not use the short method but I prefer the long method because I buy a low price and hold it, because usually the price will struggle and take a long time to rise.
Each trader has a different strategy according to his skills and the analysis he uses.

[Asiska02]

Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

I don’t think so either. A trader can only become addicted to gambling only if they become very profitable at it. The way the psychology is being tempted during trading is different from the way it those to gamblers. There is a distinct difference between this two. One requires you get the knowledge before placing trades and become profitable, while the other only require that you get little to no knowledge about it and just predict and place a game. To my own understanding, they can’t be compared. I haven’t seen a trader so addicted to trading and they’re always in a loss but I’ve seen gamblers on a losing streak and still continues to gamble. They may have something in similar but what differentiates them is far more bigger than what make them to be similar.

[dekafee79]

maybe when the market drops you buy again and hold to watch when the market go up a little after which you can sell to take profit again with this gradual process you can actually accumulate profit for long run.

When a market is in a tailspin, there are many traders who open their short positions and enter with extreme leverage and according to them they earn much more there than when the market is long, of course this is a fact that things can turn out for the better when we as good traders understand this thanks to experience and although I have this theory clear, the truth is I would be very afraid to open a short position with a leverage greater than 10x, that would really scare me, but that fear is what we must remove no matter what.

when the market is down, I do not use the short method but I prefer the long method because I buy a low price and hold it, because usually the price will struggle and take a long time to rise.
Each trader has a different strategy according to his skills and the analysis he uses.

 
If the market is down I prefer scalping to buy some potential coins that I will hold until the market recovers and I will sell them for profit. That's what I did when the market was correcting.
There are also traders who see the market going down, they stop trading and wait for the market to improve again, I think it depends on our respective experiences in trading.

[Agbe]

Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

The truth is that every trader comes to the market with the intention of making profit so profit is the main goal about trading both in the crypto and forex market so any one not agreeing to this fact is not saying the truth personally speaking anything I do that I don't make profit at the end of the day I don't do it, then talking about addiction trading don't make people to be addicted what you should talk about in trading is people not looking at the market flow before putting in their money to start a trade so they will likely lose so when that happens they'll like to get their money back by starting a new trade again and again so I can call it greed in the part of the trader but we can't call it addiction

[gunhell16]

Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

My straight answer is to get profit in doing trade, there is no other reason, it is the same in the traditional way of business, that's why they are called traders, right? You buy at a low price and then you sell at a high price, that's the simple cycle of trading whether crypto, stockmarket, forex and so on.

Now your question is is it addictive? maybe it's addictive to trade if most of the time you get profit from it, of course you will repeat the strategy you are doing because you know that something will be blessed or expected, don't trade if you hesitate.

[densus88]

Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

My straight answer is to get profit in doing trade, there is no other reason, it is the same in the traditional way of business, that's why they are called traders, right? You buy at a low price and then you sell at a high price, that's the simple cycle of trading whether crypto, stockmarket, forex and so on.

Now your question is is it addictive? maybe it's addictive to trade if most of the time you get profit from it, of course you will repeat the strategy you are doing because you know that something will be blessed or expected, don't trade if you hesitate.

of course we will be addicted to trading if the trade we do always brings profit. The basic concept of trading is to buy at a low price and sell it at a higher price and do it repeatedly. People who do that and the victory is higher than the defeat of course they will be addicted to always improve strategies and train skills in order to get maximum results.

[SmartGold01]

Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

I don’t think so either. A trader can only become addicted to gambling only if they become very profitable at it. The way the psychology is being tempted during trading is different from the way it those to gamblers. There is a distinct difference between this two. One requires you get the knowledge before placing trades and become profitable, while the other only require that you get little to no knowledge about it and just predict and place a game. To my own understanding, they can’t be compared. I haven’t seen a trader so addicted to trading and they’re always in a loss but I’ve seen gamblers on a losing streak and still continues to gamble. They may have something in similar but what differentiates them is far more bigger than what make them to be similar.

Well you are right in your opinion and yes I agreed with you, but at some point it's arguably because when you look at the somethings around that causes addiction trading is even more than a enough to cause addiction because it's a continuous something that attracts people to involve themselves. If you want to look it the other way round you will also know that addiction is something that is too hard to become, and if may understand what is addiction; you would see that trading is also that can cause addiction to the natural and financial benefits from it.

[Asiska02]

~

I don’t think so either. A trader can only become addicted to gambling only if they become very profitable at it. The way the psychology is being tempted during trading is different from the way it those to gamblers. There is a distinct difference between this two. One requires you get the knowledge before placing trades and become profitable, while the other only require that you get little to no knowledge about it and just predict and place a game. To my own understanding, they can’t be compared. I haven’t seen a trader so addicted to trading and they’re always in a loss but I’ve seen gamblers on a losing streak and still continues to gamble. They may have something in similar but what differentiates them is far more bigger than what make them to be similar.

Well you are right in your opinion and yes I agreed with you, but at some point it's arguably because when you look at the somethings around that causes addiction trading is even more than a enough to cause addiction because it's a continuous something that attracts people to involve themselves. If you want to look it the other way round you will also know that addiction is something that is too hard to become, and if may understand what is addiction; you would see that trading is also that can cause addiction to the natural and financial benefits from it.

Both can be a very severe addiction to anyone but I was explaining from my own perspective and how I see them. Another person may feel more addicted to gambling than they will when it comes to trading. They are both a way to get people interested in them and the more and the more they are familiar with you, the more you’ll feel the urge to do it again and again. Both of them are risky and they involve big wins and big losses too, if you’ve experienced the winning part just even once, you’ll want to always try again and again to see if you can hit the jackpot. As long as you have money to put into the game, you’ll always be convinced that your next trial will be the lucky one and that’s when the addiction sets in and you won’t be able to separate yourself from it onwards.

[SmartGold01]

~

I don’t think so either. A trader can only become addicted to gambling only if they become very profitable at it. The way the psychology is being tempted during trading is different from the way it those to gamblers. There is a distinct difference between this two. One requires you get the knowledge before placing trades and become profitable, while the other only require that you get little to no knowledge about it and just predict and place a game. To my own understanding, they can’t be compared. I haven’t seen a trader so addicted to trading and they’re always in a loss but I’ve seen gamblers on a losing streak and still continues to gamble. They may have something in similar but what differentiates them is far more bigger than what make them to be similar.

Well you are right in your opinion and yes I agreed with you, but at some point it's arguably because when you look at the somethings around that causes addiction trading is even more than a enough to cause addiction because it's a continuous something that attracts people to involve themselves. If you want to look it the other way round you will also know that addiction is something that is too hard to become, and if may understand what is addiction; you would see that trading is also that can cause addiction to the natural and financial benefits from it.

Both can be a very severe addiction to anyone but I was explaining from my own perspective and how I see them. Another person may feel more addicted to gambling than they will when it comes to trading. They are both a way to get people interested in them and the more and the more they are familiar with you, the more you’ll feel the urge to do it again and again. Both of them are risky and they involve big wins and big losses too, if you’ve experienced the winning part just even once, you’ll want to always try again and again to see if you can hit the jackpot. As long as you have money to put into the game, you’ll always be convinced that your next trial will be the lucky one and that’s when the addiction sets in and you won’t be able to separate yourself from it onwards.

For gambling what mostly triggers addiction is the total amount they have spent or lost while gambling and they would try their best to make sure they recover that money by falling more flat for it without them knowing they are gradually becoming addicted.  Anyone who can control greed can actually stop from becoming addicted gambler because they won't chase lose while losing much more or even chasing profits while they keep losing more.

[Crypto Library]

Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

I don't have much knowledge about the trading like I don't know much about the technical analysis and the things I know about the analysis in trading I thing these can be only use for the long term trading and what I have been doing right now. So I am not a short term trader and if I tell one of the big reason for long-term trading in bitcoin is only that we made fixed deposit on banks with the fiat currency for 4 year or more or less than it for earn a good profit or interest from our assets but here if I do the same thing in a circle about by  four year there we can have more 4x profit so this is one of the big reason I do the long-term trading.

[doc]

Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

I don't have much knowledge about the trading like I don't know much about the technical analysis and the things I know about the analysis in trading I thing these can be only use for the long term trading and what I have been doing right now. So I am not a short term trader and if I tell one of the big reason for long-term trading in bitcoin is only that we made fixed deposit on banks with the fiat currency for 4 year or more or less than it for earn a good profit or interest from our assets but here if I do the same thing in a circle about by  four year there we can have more 4x profit so this is one of the big reason I do the long-term trading.

If you have free time, you can start learning to make fundamental and technical analysis, observe market movements and create strategies in trading. Because trading in crypto is quite exciting and I have also started to enjoy trading.
but if you have a busy life in the real world that you can't leave, you should become a long-term holder, this is better.

[Crypto Library]

If you have free time, you can start learning to make fundamental and technical analysis, observe market movements and create strategies in trading. Because trading in crypto is quite exciting and I have also started to enjoy trading.
but if you have a busy life in the real world that you can't leave, you should become a long-term holder, this is better.

You gave an good suggestion but the problem is I have to handle my study, as well my earning and also my family as I am married and have one child. So things are so complicated for me and what I am earning from online by freelanching almost all my times goes there and study so I don't have much free time to learn the trading analysis especially the technical analysis because it takes lots of time to learn and some times it takes few years. And here I am happy with the long-term strategy with the bitcoin.

[SmartGold01]

Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?

I don't have much knowledge about the trading like I don't know much about the technical analysis and the things I know about the analysis in trading I thing these can be only use for the long term trading and what I have been doing right now. So I am not a short term trader and if I tell one of the big reason for long-term trading in bitcoin is only that we made fixed deposit on banks with the fiat currency for 4 year or more or less than it for earn a good profit or interest from our assets but here if I do the same thing in a circle about by  four year there we can have more 4x profit so this is one of the big reason I do the long-term trading.

If you have free time, you can start learning to make fundamental and technical analysis, observe market movements and create strategies in trading. Because trading in crypto is quite exciting and I have also started to enjoy trading.
but if you have a busy life in the real world that you can't leave, you should become a long-term holder, this is better.

I will only encourage bitcoin holding than altcoin holding because altcoin can't be predicted for any reason, so bitcoin is more reliable couples to holding of altcoins and of course holding is fine but what matter's is to have the right coin in your custody than holding of these shitcoin or altcoin with fake promises to gain some so so x in returns, making their investors to have higher trust that their holdings would possibly gives them increase they expected in years to come but at last turns down to be extremely worthless coin.

[doc]

I will only encourage bitcoin holding than altcoin holding because altcoin can't be predicted for any reason, so bitcoin is more reliable couples to holding of altcoins and of course holding is fine but what matter's is to have the right coin in your custody than holding of these shitcoin or altcoin with fake promises to gain some so so x in returns, making their investors to have higher trust that their holdings would possibly gives them increase they expected in years to come but at last turns down to be extremely worthless coin.

Bitcoin remains the first choice in investing, but altcoin is a coin that can be used as an alternative to diversify. for those who have knowledge and experience, they also observe the top altcoins and say it can be predicted even though bitcoin remains the safest and least risky choice. but the top altcoins also have a small risk if we are right when entering.

[sampoerna]

I will only encourage bitcoin holding than altcoin holding because altcoin can't be predicted for any reason, so bitcoin is more reliable couples to holding of altcoins and of course holding is fine but what matter's is to have the right coin in your custody than holding of these shitcoin or altcoin with fake promises to gain some so so x in returns, making their investors to have higher trust that their holdings would possibly gives them increase they expected in years to come but at last turns down to be extremely worthless coin.

Bitcoin has always been the main investment in the crypto world, and that is no longer debatable. People must and should also think so. While altcoins, this will require deeper research, at least there are some top coins that are quite good and likely have the potential to skyrocket again and survive even though there is a bearish era. These altcoins are Ethereum and also BNB which have gone through a tense bearish era and can still survive and grow so rapidly. While other altcoins, I'm not saying they are all bad, it's just that the risk is also higher. So if you want to choose other coins, make sure we have really analyzed the coins, don't just take one that will cause losses.