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Author Topic: Are You Afraid of Trading?  (Read 22073 times)

Offline JISAN

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Re: Are You Afraid of Trading?
« Reply #135 on: December 10, 2024, 08:27:24 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.
everyone knows that trading has risks, in order to avoid that risk we must have knowledge in trading and even be able to analyze the market so that it is far from the risk of loss... and control emotions so that in trading we do not rush to take action so that there is no regret in the end, therefore we are here to provide input to each other and I am also still learning to increase my knowledge of the crypto market.
Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing.  No one can ever guarantee that he will make a profit on every entry he makes.  Professional traders are also afraid of losing.  And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
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Re: Are You Afraid of Trading?
« Reply #135 on: December 10, 2024, 08:27:24 PM »

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Offline rizqillah

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Re: Are You Afraid of Trading?
« Reply #136 on: December 10, 2024, 10:16:44 PM »

Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing.  No one can ever guarantee that he will make a profit on every entry he makes.  Professional traders are also afraid of losing.  And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
The goal of every person who invests or trades is to make a profit, so we must have proper risk management so that we can make a profit rather than the losses we suffer. because with analysis, strategy and always reading market trends we can minimize losses and get maximum profits.
I am also afraid of losing in investing, so I always learn by practicing to become a trader, even though I am not a professional because I am not an expert in trading in crypto

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Re: Are You Afraid of Trading?
« Reply #136 on: December 10, 2024, 10:16:44 PM »

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Offline emmybd

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Re: Are You Afraid of Trading?
« Reply #137 on: December 11, 2024, 07:33:08 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. 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, experienced traders are more involved in trading than the inexperienced ones. So, I has to get sufficient knowledge and exposure so as to feel confident in trading.

Offline satpol_PP

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Re: Are You Afraid of Trading?
« Reply #138 on: December 11, 2024, 09:21:08 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. 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, experienced traders are more involved in trading than the inexperienced ones. So, I has to get sufficient knowledge and exposure so as to feel confident in trading.
In order to be more confident in trading we must have knowledge and experience. We see professional traders are always confident and have good skills, so in making analysis and strategies they are always more focused and can manage their emotions when changes occur in the crypto market.

Offline $crypto$

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Re: Are You Afraid of Trading?
« Reply #139 on: December 12, 2024, 01:27:43 PM »
In order to be more confident in trading we must have knowledge and experience. We see professional traders are always confident and have good skills, so in making analysis and strategies they are always more focused and can manage their emotions when changes occur in the crypto market.
Confidence can be built, so I agree with you to build it requires knowledge and experience. It's the same when we do something, when our knowledge and experience are sufficient then our confidence will increase to finish the job on time.

However, if the job is something new in our lives, or in other words our knowledge and experience are not sufficient, then we will not be confident to finish it on time.

Offline dekafee79

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Re: Are You Afraid of Trading?
« Reply #140 on: December 12, 2024, 10:24:14 PM »
In order to be more confident in trading we must have knowledge and experience. We see professional traders are always confident and have good skills, so in making analysis and strategies they are always more focused and can manage their emotions when changes occur in the crypto market.
Confidence can be built, so I agree with you to build it requires knowledge and experience. It's the same when we do something, when our knowledge and experience are sufficient then our confidence will increase to finish the job on time.

However, if the job is something new in our lives, or in other words our knowledge and experience are not sufficient, then we will not be confident to finish it on time.
Something new takes a lot of time to learn, of course our experience and knowledge about something new is not enough, so when I intend to invest in a new project I will do research and make analyses so that I don't lose my money, because something new has a higher risk.

Offline Rubel007

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Re: Are You Afraid of Trading?
« Reply #141 on: December 12, 2024, 10:44:53 PM »

Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing.  No one can ever guarantee that he will make a profit on every entry he makes.  Professional traders are also afraid of losing.  And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
The goal of every person who invests or trades is to make a profit, so we must have proper risk management so that we can make a profit rather than the losses we suffer. because with analysis, strategy and always reading market trends we can minimize losses and get maximum profits.
I am also afraid of losing in investing, so I always learn by practicing to become a trader, even though I am not a professional because I am not an expert in trading in crypto
If risk management can be done, then even if there is no profit, the amount of loss can be reduced, In this regard we can consider it is profitable. Everyone's objective in trading is the same. Everyone tries their best for their profit, but some can profit, but many lose. However, those who can understand the risk-related issues and trading strategies well and take decisions will be able to profit from trading. If trading is done with complete knowledge without fear of trading, a trader can definitely be profitable.

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Re: Are You Afraid of Trading?
« Reply #141 on: December 12, 2024, 10:44:53 PM »


Offline Asiska02

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Re: Are You Afraid of Trading?
« Reply #142 on: December 12, 2024, 11:00:33 PM »
everyone knows that trading has risks, in order to avoid that risk we must have knowledge in trading and even be able to analyze the market so that it is far from the risk of loss... and control emotions so that in trading we do not rush to take action so that there is no regret in the end, therefore we are here to provide input to each other and I am also still learning to increase my knowledge of the crypto market.
Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing.  No one can ever guarantee that he will make a profit on every entry he makes.  Professional traders are also afraid of losing.  And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training

The rate at which professional traders are afraid of losing money when trading is different from the way a beginner sees the market and fear that they’re going to lose money. When your trading game is improving, you tend to have more confidence in trading and also the fear of taking trades when you see a good set up that align with your strategy will begin to reduce gradually. Your learning stage and how well you practice in the market even after the training stage is what makes you a better trader. And the more the confidence of the game, the more prosperous you’ll become in your trading journey.

Offline UNIVERSE

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Re: Are You Afraid of Trading?
« Reply #143 on: December 12, 2024, 11:38:35 PM »
Since crypto is very volatile, crypto trading is very risky and that is why those who trade must be afraid of losing.  No one can ever guarantee that he will make a profit on every entry he makes.  Professional traders are also afraid of losing.  And that's why every trader is constantly doing market analysis to see if they are in the right position. So I have no fear during my training
Of course, everyone will always feel afraid of losing their money. Moreover, crypto is very risky, they must be very careful in crypto trading. However, it should have the solution, we can deal with the risks if we have proper knowledge. Those professional traders must feel confident to get profits because they know the right strategy. To have the right strategy, we must have good knowledge and experience for sure.


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Re: Are You Afraid of Trading?
« Reply #144 on: December 12, 2024, 11:49:59 PM »
Of course, everyone will always feel afraid of losing their money. Moreover, crypto is very risky, they must be very careful in crypto trading. However, it should have the solution, we can deal with the risks if we have proper knowledge. Those professional traders must feel confident to get profits because they know the right strategy. To have the right strategy, we must have good knowledge and experience for sure.
And when someone is afraid of losing money, then there are 2 possibilities:
- Leaving it and not taking the risk
- Entering it and trying to make a wise risk management

because, risk management is indeed very important in trading, to be able to optimize the chances for the gains and also minimize losing, even though we can't make it 0 loss, we can't, but at least with a combination of risk management and the abilities we have, at least we can get more optimal gains.

Offline $crypto$

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Re: Are You Afraid of Trading?
« Reply #145 on: December 13, 2024, 01:23:11 PM »
Confidence can be built, so I agree with you to build it requires knowledge and experience. It's the same when we do something, when our knowledge and experience are sufficient then our confidence will increase to finish the job on time.

However, if the job is something new in our lives, or in other words our knowledge and experience are not sufficient, then we will not be confident to finish it on time.
Something new takes a lot of time to learn, of course our experience and knowledge about something new is not enough, so when I intend to invest in a new project I will do research and make analyses so that I don't lose my money, because something new has a higher risk.
Well the point is we have to understand that we need time to be able to truly understand something new. It's the same as when we learn to ride a bicycle, for example, we can't immediately ride it smoothly, we need time to adjust our balance.

Something that goes through a process is something that requires patience, well we are tested in that patience, whether we will be able to or not, because some people end up giving up halfway.

Offline legend45

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Re: Are You Afraid of Trading?
« Reply #146 on: December 13, 2024, 05:20:36 PM »

Well the point is we have to understand that we need time to be able to truly understand something new. It's the same as when we learn to ride a bicycle, for example, we can't immediately ride it smoothly, we need time to adjust our balance.

Something that goes through a process is something that requires patience, well we are tested in that patience, whether we will be able to or not, because some people end up giving up halfway.
A good analogy is comparing how to ride a bike with trading, because both require a process to become proficient.
In trading we need to learn and have enough experience so that we can make analysis and have the right strategy.
And to become an expert, we need to focus and always hone the skills we have.
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Offline $crypto$

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Re: Are You Afraid of Trading?
« Reply #147 on: December 14, 2024, 12:29:41 PM »

Well the point is we have to understand that we need time to be able to truly understand something new. It's the same as when we learn to ride a bicycle, for example, we can't immediately ride it smoothly, we need time to adjust our balance.

Something that goes through a process is something that requires patience, well we are tested in that patience, whether we will be able to or not, because some people end up giving up halfway.
A good analogy is comparing how to ride a bike with trading, because both require a process to become proficient.
In trading we need to learn and have enough experience so that we can make analysis and have the right strategy.
And to become an expert, we need to focus and always hone the skills we have.
In learning to ride a bike, falling is a common thing, some people even say you have to fall first if you want to be really smooth.

The same goes for trading, in trading it is impossible for us to never experience losses, and that can be a very valuable lesson to become a good trader in the future. Even an expert trader can still experience losses, so that is one thing that is related.

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Re: Are You Afraid of Trading?
« Reply #148 on: December 14, 2024, 04:31:23 PM »
In learning to ride a bike, falling is a common thing, some people even say you have to fall first if you want to be really smooth.

The same goes for trading, in trading it is impossible for us to never experience losses, and that can be a very valuable lesson to become a good trader in the future. Even an expert trader can still experience losses, so that is one thing that is related.
Experienced in trading become best teacher for us how to manage well for the future and keep avoid loss,
I think all trader can't avoid from losses in trading but most of them take more lesson after mistake and have better way for next time trading. Firstly as new trader get panic or more greedy keep holding when price have raising up, but after several time in trading and have much experience will learn more how to be best trader can minimize loss to earn much profit.

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Re: Are You Afraid of Trading?
« Reply #149 on: December 14, 2024, 08:44:03 PM »
In learning to ride a bike, falling is a common thing, some people even say you have to fall first if you want to be really smooth.

The same goes for trading, in trading it is impossible for us to never experience losses, and that can be a very valuable lesson to become a good trader in the future. Even an expert trader can still experience losses, so that is one thing that is related.
Experienced in trading become best teacher for us how to manage well for the future and keep avoid loss,
I think all trader can't avoid from losses in trading but most of them take more lesson after mistake and have better way for next time trading. Firstly as new trader get panic or more greedy keep holding when price have raising up, but after several time in trading and have much experience will learn more how to be best trader can minimize loss to earn much profit.
Yeah every trader must have experienced a loss, where they make the loss as an experience to have better knowledge and skills in the future because trading requires experience.
New traders will panic when the market goes down and they will even be greedy when the market goes up, and it takes experience to be able to control those emotions.

 

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