Are You Afraid of Trading?

[legend45]

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.

[KingsDen]

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.

[Paragon2]

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.

[Ujok]

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.

[_act_]

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.

[libert19]

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.

[JISAN]

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.

[Publictalk792]

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.

[alltalk]

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.

[milewilda]

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.

[LogitechMouse]

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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.

[libert19]

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.

[Yamzakid]

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.

[Agbe]

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

[LUCKMCFLY]

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.