Are You Afraid of Trading?

[sampoerna]

Well it also depends on the nature of the person, if the person is patient and likes to wait and get results, then without a doubt long-term investment is better, it is the most common there is, but if it is a person who is impatient, who is constantly monitoring the market, it is best to try market speculation, as long as you venture first with play money because with play money things are different, while with real money it is more serious, because if you lose your balance and burn through the account then you will feel bad, although if that happens you should not give up at all.

Yes, it is undeniable that personality is quite influential on our actions in the cryptocurrency world. Sometimes, some people here are used to being more patient in dealing with everything in real life, can control emotions and manage them very well, are used to doing things with wise decisions and calculations, then that will be a very good capital. especially if there is an effort and also a continuous and significant learning process in the crypto world, then it will be quite complete and good for traders or investors to start moving faster in the crypto world.

Someone who is serious and mature with full preparation, and smart in understanding the situation and in the learning process, will be easier to adapt to what is experienced when trading. This may still not be easy, but at least, not easily panicking is also one of the first things to be able to control yourself much wiser. Because trading always requires risk, high risks, and we already understand it very well.

[$crypto$]

Someone who is serious and mature with full preparation, and smart in understanding the situation and in the learning process, will be easier to adapt to what is experienced when trading. This may still not be easy, but at least, not easily panicking is also one of the first things to be able to control yourself much wiser. Because trading always requires risk, high risks, and we already understand it very well.

Indeed, thorough preparation will make someone avoid panic, because they already know the risks, so they can be calm because they allocate money that is very ready to lose.

This is closely related to our psychology, and indeed in trading psychology will be one of the factors that is very important. So I agree with you that we must prepare it thoroughly before really jumping in.

[Chilwell]

It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.

[LUCKMCFLY]

We must have patience to invest. If we can't be patient after investing, then we can't expect to get profit from investing. By investing in Bitcoin, I have regained a lot of confidence in my investment. Maybe I got something good to hold for a long time. Bitcoin is worth so much.  It will increase more which is beyond imagination those who managed to hold bitcoins are now getting good amount of profit. Sometimes we need to find good coins to invest if we can't find any good coins to invest then why do we spend long time.  Even if you wait for years, you will not get profit.

Some people can't hold on to their alts for long when investing in them, it's difficult because the situation differs from many, the needs and everything that has to do with economic things, some have had alts for many years, I have a friend who has kept some tokens since 2017 and he hopes that it will grow again, the truth is I told him that that was not going to happen, if after a big aath for that token that will not come back, it is better to invest in btc which is the safest, of course that does not mean that alts, all tokens are like that, but they tend to be more difficult to get out of, I would say that you have to be very lucky to profit, on the other hand with btc everything is safe.

[alltalk]

It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.

Exactly. It is not a sin, it is normal if people feel afraid of potential losses. However, we won't experience big losses if we use small funds/capital. That's why it is recommended to use small funds if you are beginners/newbies. If you use small funds, you will never experience big/huge losses. You can use bigger funds when you have been confident as a professional trader/investor.

By the way, investing and trading have their own risks. But if we have proper knowledge, we actually can avoid the losses. We must apply effective strategy when we do trading or investing. So, we have no reason to feel afraid anymore. 

[lombok]

Well it also depends on the nature of the person, if the person is patient and likes to wait and get results, then without a doubt long-term investment is better, it is the most common there is, but if it is a person who is impatient, who is constantly monitoring the market, it is best to try market speculation, as long as you venture first with play money because with play money things are different, while with real money it is more serious, because if you lose your balance and burn through the account then you will feel bad, although if that happens you should not give up at all.

Yes, it is undeniable that personality is quite influential on our actions in the cryptocurrency world. Sometimes, some people here are used to being more patient in dealing with everything in real life, can control emotions and manage them very well, are used to doing things with wise decisions and calculations, then that will be a very good capital. especially if there is an effort and also a continuous and significant learning process in the crypto world, then it will be quite complete and good for traders or investors to start moving faster in the crypto world.

Someone who is serious and mature with full preparation, and smart in understanding the situation and in the learning process, will be easier to adapt to what is experienced when trading. This may still not be easy, but at least, not easily panicking is also one of the first things to be able to control yourself much wiser. Because trading always requires risk, high risks, and we already understand it very well.

In as much as this is correct, our character/attitude plays a big role in the decision-making process in the happenings of any activity involving the use of crypto. If in certain situations we can learn how to become calm then, it will be very effective to lower down those decisions that come out of impulse alone. This is why it’s crucial for us to learn more about the market and all the events taking place there, so that actions are taken relying on data and knowledge rather than intuition. Endurance in studying and training will be a good platform to anyone who wished to walk more assertively in this world.

Also, it is wiser, and in certain degree, safer to be rational and stress our aims that may help to confront such risks as are inherent in the process. In that way, we are not just motivated by the market change that are usually unpredictable in most cases. This surely calls for mental, readiness which is trained day in day out so that we are consistent, do not get trapped into detrimental decisions. We all have to keep in mind that if we are aspiring for success in trading or investing, we have to attain that slowly but surely.

[Uruhara]

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?

Actually, I sometimes feel the same way as you OP. But I keep trying to learn in trading. But not day trading. I only trade when I have enough information to enter a coin and then hold it until I make a profit. Usually I enter when there is news that there will be a big event and then I leave when the event takes place. I'm not an active trader but I trade occasionally. But it's more comfortable to do hodling. It doesn't make our minds anxious.

[Ujok]

It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.

if someone is afraid to trade he will not feel the benefits of trading and are you loyal to being a spectator while everyone enjoys the benefits of trading, in trading must be ready in terms of material, strategy, mentality and funds so that in trading is not confused in acting .. invest when the price goes down, do not buy when the price goes up and be careful with FOMO because if you are not smart in managing assets, then you will get losses and vice versa .. you better avoid that ..

[MRY]

It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.

if someone is afraid to trade he will not feel the benefits of trading and are you loyal to being a spectator while everyone enjoys the benefits of trading, in trading must be ready in terms of material, strategy, mentality and funds so that in trading is not confused in acting .. invest when the price goes down, do not buy when the price goes up and be careful with FOMO because if you are not smart in managing assets, then you will get losses and vice versa .. you better avoid that ..

It is true that fear in trading becomes an issue, yet courage devoid of preparation is disaster as well. As seen in single position trading there is always an equal measure of confidence and prudence in trading. If we do ourselves right, from reading the markets to setting risk tolerances level, everything just feels more oriented. It is also something which is wrong not to suppress emotions, like fear or wanting too much to follow the flow, when taking the actions that have been planned.

Purchasing during a period where prices are on the low side is a strategy that normally works if overdone with a lot of thought. But maintaining our composure however the market looks like is equally important as anything else. Well-coordinated dealing with assets and avoiding hasty decision-making, as well as balancing the strategic aspect and market situations, will allow us to fully organize the strategies to get the opportunity for a good outcome without fears and in the absence of pressure or euphoria. In that way, there would be lesser distractions and we can be more sure and better prepared on the actual trading part.

[Hisbullah]

It's not a sin to be afraid to trade, People are hesitant due to the benefits of doubts, weighing potential profits against possible losses. thinking that they may make profits or they may lose. and the lost part is what fear them the most. Holding(long-term investing) is a long time journey but it is far better than trading, trading is very challenging and risky but it becomes more easier if you learn, understand or know the fundamentals concept of trading. Trading is unpredictable and outcomes are uncertain.

if someone is afraid to trade he will not feel the benefits of trading and are you loyal to being a spectator while everyone enjoys the benefits of trading, in trading must be ready in terms of material, strategy, mentality and funds so that in trading is not confused in acting .. invest when the price goes down, do not buy when the price goes up and be careful with FOMO because if you are not smart in managing assets, then you will get losses and vice versa .. you better avoid that ..

in trading requires experience and skills in conducting analysis and having the right strategy. If we do not have trading skills, can't we start learning trading.
because many have succeeded in trading and if we do not learn we will be left behind. Trading takes a long time to learn in making analysis, strategy and risk management.

[Report]

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.
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Do you feel the same...or do you think this is NOT the right way to look at trading?

Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.

[Hinata]

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?

   People are scared of the losses in trading  that's why the prefer holding, that has a lower risk  loss.   I feel no matter how good you are you still get scared sometimes in trading, seeing a switch up in what you have analysed  gets you scared sometime

[densus88]

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.
-
Do you feel the same...or do you think this is NOT the right way to look at trading?

Seeing the market that is getting crazier and continues to rise, this is definitely a positive trend, if trading between buying below and selling above, we might miss the train. For now, it might be better to just HodL because it's easy to just buy and HodL but all of that must have a target.
This target is what some traders might find difficult to decide to take profit or wait until it continues to rise or vice versa, it will dump. It's a difficult choice for now, but if I had the capital, I would probably buy Bitcoin now at a price of 93,000 dollars and sell it when the price is around 113,000 dollars.

becoming a trader requires knowledge and experience and also making the right decisions. because the crypto market is very volatile sometimes we experience a dilemma when the price goes up and still hope for higher profits, we still hold our coins. The bitcoin market is currently going crazy and bitcoin has reached ATH $ 94,902, I just hold it right now. Don't have the courage to buy because I will wait for the correction. Maybe there are still some friends who dare to buy, but I think it is very risky.

[Primo1760]

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?

We mainly trade based on assumptions, we never trade correctly. Most of the time we are in loss on trading platform due to not trading properly. Especially when we jump into trading without following all the data of trading, trading candles etc, we have to go through losses most of the time. But our best holding is if the market increases and there is a lot of profit then sell and wait for some time or few days when the market goes down a little more then buy and hold again and sell when the market increases which is very important. Moreover, if we trade continuously without proper knowledge, we will lose in trading. Basically the steps I take are I always buy when the market is dumping and sell when the market goes up. If I have to wait a long time in between I wait so I see that I don't have to count too many losses in my trading. It is better to trade with some strategy but it is my strategy and others may not like this strategy.

[MRY]

We mainly trade based on assumptions, we never trade correctly. Most of the time we are in loss on trading platform due to not trading properly. Especially when we jump into trading without following all the data of trading, trading candles etc, we have to go through losses most of the time. But our best holding is if the market increases and there is a lot of profit then sell and wait for some time or few days when the market goes down a little more then buy and hold again and sell when the market increases which is very important. Moreover, if we trade continuously without proper knowledge, we will lose in trading. Basically the steps I take are I always buy when the market is dumping and sell when the market goes up. If I have to wait a long time in between I wait so I see that I don't have to count too many losses in my trading. It is better to trade with some strategy but it is my strategy and others may not like this strategy.

It is true that a careful trading strategy is very important in order to minimise having unnecessary losses. One such process is that before a transaction is to be made, one has to be very certain of the data as well as the patterns of the market. Similarly, by reading market charts and trends we are safe from making ill advises that are always negative. Patience in waiting for the right moment is, for example when the market sets its correction conditions or factors, can often serve to improve the outcome of our investments.

Similarly in the above manner it is also important to define other strategies which might work well in some conditions. This is if strategies are combined by continuing to make experience and using the most recent information, the extent of the possible success in trading is increased. Analysing a market using different tools and keeping a long-term focus in mind, we are more prepared to face a fluctuation situation and minimise a potential loss which usually happen when a company is not ready for them.