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Author Topic: Are You Afraid of Trading?  (Read 22227 times)

Online Bobcrypto

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Re: Are You Afraid of Trading?
« Reply #105 on: November 21, 2024, 11:04:56 AM »
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.

I doubt your crypto enthusiast population claims, that the ecosystem is more of investors than traders in population. If you have a statistical data for your claim it should be better for acceptance because I think otherwise. In my opinion, I think crypto enthusiast has more of traders, because for the price of a crypto assets eg (Bitcoin) to be moving up or down every day, there must be buyers and sellers creating market activities for this to happen.
Just like you said, if crypto enthusiast are more of investors, why is the market fluctuating? Investors buy a coin on a long or short term basis, and if they are not selling, there will not be price fluctuations. In facts, the crypto market is experiencing an uptrends and downward movements because there are buyers and sellers activities( buying
and selling) going on everyday.
In a nutshell, I think trader are more than investors but you can prove my opinion right or wrong.

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Re: Are You Afraid of Trading?
« Reply #105 on: November 21, 2024, 11:04:56 AM »

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Offline dave_strider

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Re: Are You Afraid of Trading?
« Reply #106 on: November 21, 2024, 12:32:24 PM »
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.

I doubt your crypto enthusiast population claims, that the ecosystem is more of investors than traders in population. If you have a statistical data for your claim it should be better for acceptance because I think otherwise. In my opinion, I think crypto enthusiast has more of traders, because for the price of a crypto assets eg (Bitcoin) to be moving up or down every day, there must be buyers and sellers creating market activities for this to happen.
Just like you said, if crypto enthusiast are more of investors, why is the market fluctuating? Investors buy a coin on a long or short term basis, and if they are not selling, there will not be price fluctuations. In facts, the crypto market is experiencing an uptrends and downward movements because there are buyers and sellers activities( buying
and selling) going on everyday.
In a nutshell, I think trader are more than investors but you can prove my opinion right or wrong.

Even lots of traders, which wouldn't be whales, wouldn't be able to shake the BTC price even in the slightest, in my opinion.
I too don't know what the proportion would be, but we can totally say that most is done by big MMs and smart money flowing here and there.
That's, of course, how I see it.

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Re: Are You Afraid of Trading?
« Reply #106 on: November 21, 2024, 12:32:24 PM »

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Offline luckyledger

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Re: Are You Afraid of Trading?
« Reply #107 on: November 21, 2024, 12:37:13 PM »
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.

We are now at $98k, so you weren't wrong.
Hold on, brothers, we are not done yet.
 8)

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Re: Are You Afraid of Trading?
« Reply #108 on: November 21, 2024, 12:44:33 PM »
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.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
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Offline omori

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Re: Are You Afraid of Trading?
« Reply #109 on: November 21, 2024, 12:51:34 PM »
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?

Or did they just DCA and start packing for the next cycle, you never know, haha.
Indeed, a little bit of time, and we will see $100k. Crazy to think about it.
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Re: Are You Afraid of Trading?
« Reply #111 on: November 21, 2024, 02:49:17 PM »
not afraid to trade, because trading is very challenging for me, where my level of patience can be tested if the market suddenly drops, losses will definitely occur but I consider it a trading risk

It's a risk and a potential in one bottle - so it's your pick.
If it suits you, especially during the Bull market - why not try it for a while.

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Re: Are You Afraid of Trading?
« Reply #111 on: November 21, 2024, 02:49:17 PM »


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Re: Are You Afraid of Trading?
« Reply #112 on: November 22, 2024, 02:21:44 AM »
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.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?

After a long time, the market situation has started to improve. The price of Bitcoin has increased a lot, but the prices of altcoins are not increasing yet. I don't know when the bull run of altcoins will start. Now we have to completely refrain from investing for a long time. Due to the high increase in the price of Bitcoin, it is not possible to do it for a long time.

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Re: Are You Afraid of Trading?
« Reply #113 on: November 22, 2024, 08:35:54 AM »
not afraid to trade, because trading is very challenging for me, where my level of patience can be tested if the market suddenly drops, losses will definitely occur but I consider it a trading risk
Trading isnt a skill that you could be able to learn up overnight on which this has become that primary mindset of most newbies on the moment that they do start on doing trading on which they do really believe that they could actually be able to do make good trading skills in a short period of time until that reality hits into them and made out some realizations that it was never been that easy.

Why would really be that afraid of trading? On the moment thaht you do consider out on dealing up with unpredictable space then be ready or prepared that you will really be losing up money
and its something which is inevitable. If you are afraid on losing money then it will really be that clear that trading isnt for you.

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Re: Are You Afraid of Trading?
« Reply #114 on: November 22, 2024, 10:07:46 AM »
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?

Or did they just DCA and start packing for the next cycle, you never know, haha.
Indeed, a little bit of time, and we will see $100k. Crazy to think about it.
DCA may also be better started from the lowest price or when the market is red. If DCA is used when the market is red, the portfolio may be minus for months, even though it will be green someday.

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.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
-
I don't know when the bull run of altcoins will start.
-
If you want to know, our community here also wants the market to go green soon because I see this indication that it is taking a very long time for altcoins to go green. If you know when Alltcoins season starts, then I will forward your message to my community on the Telegram channel.
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Re: Are You Afraid of Trading?
« Reply #115 on: November 23, 2024, 07:48:03 PM »
After a long time, the market situation has started to improve. The price of Bitcoin has increased a lot, but the prices of altcoins are not increasing yet. I don't know when the bull run of altcoins will start. Now we have to completely refrain from investing for a long time. Due to the high increase in the price of Bitcoin, it is not possible to do it for a long time.
It certainly is a good sign of significant move in Bitcoin price, altcoins seem to have done the similar movement. This situation is a moment to cheque whether the asset allocation conforms to the applied strategy or instead we are moving into a conflict situation. We can start with looking for additional information about the potential of assets, which haven’t already seen a meaningful price increase, so we can profit off their price changes, if the price also increases.

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Re: Are You Afraid of Trading?
« Reply #116 on: November 23, 2024, 08:32:34 PM »
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.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
I am not agree with the thought that only beginners will buy Bitcoin at this time because now there are many DCA holders who collect Bitcoin regularly. They are not willing to sell Bitcoin for a little profit. Everyone can benefit by holding Bitcoin in the long term. Those who were happy to sell Bitcoin for $ 20000 are all regretting selling Bitcoin. In the future, it will be the same that those who are missing this opportunity today will also regret not holding Bitcoin at some point. However, for those who are interested in investing in Bitcoin in the short term, holding Bitcoin is definitely risky.

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Re: Are You Afraid of Trading?
« Reply #117 on: November 24, 2024, 09:43:25 PM »

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.

Exactly, the preparation you have beforehand also influences, I really value things that someone says based on reading books, because I know that it is backed up by a text from an already experienced author, so its concurrence has a good foundation, also having good knowledge allows you to mature certain criteria more quickly and above all to realize when someone may be selling you smoke, then given these things knowledge will be an unmatched plus, for that reason we as traders must be open to information and operate because of that and experience, that will give more security when operating and being more secure will eliminate all fear.
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Re: Are You Afraid of Trading?
« Reply #118 on: November 29, 2024, 05:10:06 AM »
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?

Or did they just DCA and start packing for the next cycle, you never know, haha.
Indeed, a little bit of time, and we will see $100k. Crazy to think about it.
DCA may also be better started from the lowest price or when the market is red. If DCA is used when the market is red, the portfolio may be minus for months, even though it will be green someday.

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.
Maybe those who dare to take action to buy Bitcoin are those who are definitely new to cryptocurrency because as far as I know those who are already familiar with cryptocurrency are definitely the ones to sell. The green market is the time to buy and the red market is the time to sell.
Btw, now Bitcoin has passed the price of more than 98,300 dollars, have you seen it?
-
I don't know when the bull run of altcoins will start.
-
If you want to know, our community here also wants the market to go green soon because I see this indication that it is taking a very long time for altcoins to go green. If you know when Alltcoins season starts, then I will forward your message to my community on the Telegram channel.

The price of altcoins has not started to increase yet, I hope that the price of altcoins will start to increase in the next few weeks. I have seen that the price of Bitcoin has already increased a lot. Those who have invested in Bitcoin will now get a lot of profit. I think that the price of altcoins may increase by the end of this year, if not by the end of next year. For those who are thinking of investing in altcoins, I would say that although investing now is a bit risky, you can invest in small amounts instead of investing a lot.

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Re: Are You Afraid of Trading?
« Reply #119 on: November 29, 2024, 09:20:13 AM »
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.

Well, this is just being emotional, and emotions can be managed as a trader or an investor. As a trader, one of the key way to manage emotions while trading is,
1, As a trader, you must have trading plans, keep your mind on your plans.
2.As trader, you must have a profit margin rates, Don't be greedy to exceed your take profits planned rates
3.Be aware of emotions, how they affect you as a person.
4.Learn to embrace the market risks, Trading has it own risks and it is a good idea to learn how to embrace them.
5.As a trader, there are at times you make mistakes, learn how to accept your mistake especially when enter a position at the wrong timing etc.

 

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