Are You Afraid of Trading?

[bitterguy28]

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

[gunhell16]

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?

[nakmantu99]

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.

[MrSpasybo]

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.

[kulkhan]

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.

[Aanuoluwatofunmi]

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.

[LUCKMCFLY]

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.

[joniboini]

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).

[robelneo]

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.

[Sim_card]

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.

[milewilda]

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.

[Bobcrypto]

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 

[ABCbits]

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.

[EluguHcman]

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.

[Gposas]

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.