Are You Afraid of Trading?

[TomPluz]

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?

[gunhell16]

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.

[Hatchy]

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.

[Findingnemo]

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.

[sagarmota10]

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.

[hugeblack]

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.

[_act_]

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.

[Mr. Magkaisa]

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.

[Vx1]

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.

[Azharul]

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.

[Ricardo11]

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.

[Sim_card]

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.

[Rruchi man]

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.

[Rubel007]

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.

[satpol_PP]

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.