Are You Afraid of Trading?

[rizqillah]

Well if you are afraid of bears you don't go in the forest. The same applies with the trading too.

Your words are very short but they contain quite clear meaning. In essence, everything always contains risks. And if someone cannot take risks then he will never be able to move forward. But it's different from people who prefer low risk to high risk. So most will choose low risk. And as with holding bitcoin long term I think it's pretty low risk compared to those who trade it. Because in trading if we can't understand the market well then we won't make a profit unless it's just luck. So if we want to take high risks, it must be accompanied by thorough preparation, such as having insight and experience with market analysis. For example, if we want to enter the forest, we must be prepared with protective equipment in case a bear attacks.

Long-term bitcoin holding has a smaller risk where if we buy during the bearish season two years ago and hold until next year is the right way. While in short-term or medium-term investment of course the risk is greater because in trading there is always a risk and with knowledge and experience we can manage the risk.

[bayu7adi]

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 have studied several techniques and patterns in technical analysis to support my trading skills, but I am still afraid to trade in large amounts... I tend to want to play it safe and maintain my assets even though the growth is small. The bitter experience of trading made me start to feel hurt, and the sweet experience of holding that I did made it even more enthusiastic.... I am sure everyone has their own path, whether it is trading or holding....

Trading is not my expertise, but I am sure there are still many people out there who are good at trading and always win... until now I still prefer holding and I am the same as you, afraid of daily trading.

[libert19]

Yes, I am afraid of trading and that's why I do holding. You do remember that "I AM HODLING" topic on Bitcointalk? It's pretty much same with me.

I think it's much simpler this way, as long as you play cycles and stick with prominent coins, you'll make money.

[DragonF]

Yes, I am afraid of trading and that's why I do holding. You do remember that "I AM HODLING" topic on Bitcointalk? It's pretty much same with me.

I think it's much simpler this way, as long as you play cycles and stick with prominent coins, you'll make money.

I have a hard time trading because I do not understand the fundamentals. I purchase coins, hold them, and only trade when there is a bull run, just like you. Since I am always certain to trade when a profit is guaranteed, my trading risk is lower. This is only beneficial to long-term traders, patient traders, and traders who do not rely solely on trading to generate income.

This is why I encourage traders to diversify their investments so that they are not overly focused on trading, monitoring the growth of a coin, and being tempted to trade when the time is not right. The best traders are patient traders, and a trader can only be patient if he has additional sources of income. This will keep him focused on those other sources while he waits for the bull run to trade if he so desires. 

[jeraldskie11]

Yes, I am afraid of trading and that's why I do holding. You do remember that "I AM HODLING" topic on Bitcointalk? It's pretty much same with me.

I think it's much simpler this way, as long as you play cycles and stick with prominent coins, you'll make money.

I have a hard time trading because I do not understand the fundamentals. I purchase coins, hold them, and only trade when there is a bull run, just like you. Since I am always certain to trade when a profit is guaranteed, my trading risk is lower. This is only beneficial to long-term traders, patient traders, and traders who do not rely solely on trading to generate income.

This is why I encourage traders to diversify their investments so that they are not overly focused on trading, monitoring the growth of a coin, and being tempted to trade when the time is not right. The best traders are patient traders, and a trader can only be patient if he has additional sources of income. This will keep him focused on those other sources while he waits for the bull run to trade if he so desires.

Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.

[rizqillah]

Yes, I am afraid of trading and that's why I do holding. You do remember that "I AM HODLING" topic on Bitcointalk? It's pretty much same with me.

I think it's much simpler this way, as long as you play cycles and stick with prominent coins, you'll make money.

I have a hard time trading because I do not understand the fundamentals. I purchase coins, hold them, and only trade when there is a bull run, just like you. Since I am always certain to trade when a profit is guaranteed, my trading risk is lower. This is only beneficial to long-term traders, patient traders, and traders who do not rely solely on trading to generate income.

This is why I encourage traders to diversify their investments so that they are not overly focused on trading, monitoring the growth of a coin, and being tempted to trade when the time is not right. The best traders are patient traders, and a trader can only be patient if he has additional sources of income. This will keep him focused on those other sources while he waits for the bull run to trade if he so desires.

Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.

in trading we must be serious and always focus on what we are trading. By making analysis, developing strategies and always monitoring market movements and following trends. Trading is not easy but we can learn by always practicing., Because experience and knowledge are needed in trading.

[debra]

in trading we must be serious and always focus on what we are trading. By making analysis, developing strategies and always monitoring market movements and following trends. Trading is not easy but we can learn by always practicing., Because experience and knowledge are needed in trading.

Of course, we must be focused and serious when we are trading. Although we have good knowledge, it is difficult to succeed in trading if we can't focus and be serious. Trading requires serious efforts because it needs deep analysis. We must analyze the fundamental aspects of the coins, we must know the market trends, and we must know the updated news. However, if we are serious and always trying to improve our knowledge, it is possible to succeed in trading.

[vegasus]

Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.

Yes, really, trading is not easy, trading is very difficult. and the risk is also very high. I who trade in the spot market sometimes still often lose control and end up losing, let alone in leverage trading, uhhh I don't think I can do it. the emotional game is very thick and difficult for me to do and the risk is much higher.

[milewilda]

Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.

Yes, really, trading is not easy, trading is very difficult. and the risk is also very high. I who trade in the spot market sometimes still often lose control and end up losing, let alone in leverage trading, uhhh I don't think I can do it. the emotional game is very thick and difficult for me to do and the risk is much higher.

One of the main reasons on why trading is something that other people doesnt really that want to engage about it is just because not only having that knowledge but also it does have that chance that you will be able to find yourself on that condition of losing money on which it is of course indeed a part of dealing up with this volatile space. This is why at the moment that you do step your foot into this field  then make it sure that you are at least wary into the actions that you are doing into. You cant really just dive in with trading without having some preparations in towards into the things that must be done or something that must do. Its always be that recommended that you do set up gradual improvement as you do go along.

[jeraldskie11]

Trading is not easy, and it's very risky type of making money. According to many people, 90% of the traders fail. Hearing this gives you signal that trading is very hard way of making money. We thought that understanding the analysis is enough but in reality it's not. Profitable traders didn't always win but they know how to handle it. How about the beginners, I don't think many of them will survive, they are being lured of the saying that trading is the key to get out of a ratly race. But man, if we are not serious in trading this will only make us worst.

Yes, really, trading is not easy, trading is very difficult. and the risk is also very high. I who trade in the spot market sometimes still often lose control and end up losing, let alone in leverage trading, uhhh I don't think I can do it. the emotional game is very thick and difficult for me to do and the risk is much higher.

It's better to lose in the spot because you can recover the loss as long as you don't sell the asset you're holding. There is no such thing as liquidation in the spot, no matter what happens to the price, how many coins are held will still remain. So it's okay if we lose in the spot, we just don't sell until we think it will go up. For us to know, investors who bought Bitcoin at the peak of the last cycle are now profitable if they haven't sold it yet. So there's nothing to worry that much if you are not profitable yet.

[Asiska02]

Long-term bitcoin holding has a smaller risk where if we buy during the bearish season two years ago and hold until next year is the right way. While in short-term or medium-term investment of course the risk is greater because in trading there is always a risk and with knowledge and experience we can manage the risk.

Managing risks in trading is not an easy task when compared to how we manage them when going for an investment in bitcoin. The risk involved in trading can be so derailing if care is not taken as to when compared to that of investing. Just by investing into bitcoin as the right time, you don’t need to worry much about what the potential outcome of your investment will be and also your mindset will be at rest. In trading, just within a short time, maybe a mistake or insufficient knowledge of the market can cause a big impact to your capital and can lose them all. The risk is manageable but not easy to come by the way it does when it comes to taking risk while investing in bitcoin.

[debra]

Managing risks in trading is not an easy task when compared to how we manage them when going for an investment in bitcoin. The risk involved in trading can be so derailing if care is not taken as to when compared to that of investing. Just by investing into bitcoin as the right time, you don’t need to worry much about what the potential outcome of your investment will be and also your mindset will be at rest. In trading, just within a short time, maybe a mistake or insufficient knowledge of the market can cause a big impact to your capital and can lose them all. The risk is manageable but not easy to come by the way it does when it comes to taking risk while investing in bitcoin.

Of course, it is always difficult to manage the risks. Moreover, it is about crypto investment, it is riskier than any other investment. But when we choose Bitcoin, it is safer because it is the number 1 coin in crypto. We even don't need too much analysis if we only want to invest in Bitcoin. But sure that we must know the right time for buying and selling the Bitcoin. It is not so difficult to know this, we must know the bearish and bullish season in crypto.

[DragonF]

Of course, it is always difficult to manage the risks. Moreover, it is about crypto investment, it is riskier than any other investment. But when we choose Bitcoin, it is safer because it is the number 1 coin in crypto. We even don't need too much analysis if we only want to invest in Bitcoin. But sure that we must know the right time for buying and selling the Bitcoin. It is not so difficult to know this, we must know the bearish and bullish season in crypto.

For traders who wish to invest in bitcoin, the bearish and bullish seasons are actually what count. As you said, it is not necessary to conduct a great deal of analysis. The amount available for the investment is what counts here, and this is particularly important so that the trader will not have to freak out after purchasing the coin during a bear market.

I coach a friend of mine who is not very knowledgeable about cryptocurrency. I always let him know which coin to buy, when to sell, and when to buy it. He is making money without having a thorough understanding of the cryptocurrency seasons. So, a cryptocurrency trader can be successful as long as they have someone who can constantly give them information about market trends. 

[jeraldskie11]

Managing risks in trading is not an easy task when compared to how we manage them when going for an investment in bitcoin. The risk involved in trading can be so derailing if care is not taken as to when compared to that of investing. Just by investing into bitcoin as the right time, you don’t need to worry much about what the potential outcome of your investment will be and also your mindset will be at rest. In trading, just within a short time, maybe a mistake or insufficient knowledge of the market can cause a big impact to your capital and can lose them all. The risk is manageable but not easy to come by the way it does when it comes to taking risk while investing in bitcoin.

Of course, it is always difficult to manage the risks. Moreover, it is about crypto investment, it is riskier than any other investment. But when we choose Bitcoin, it is safer because it is the number 1 coin in crypto. We even don't need too much analysis if we only want to invest in Bitcoin. But sure that we must know the right time for buying and selling the Bitcoin. It is not so difficult to know this, we must know the bearish and bullish season in crypto.

Yeah that's right. Bitcoin is the safest coin to invest among any other cryptocurrencies. If you are only investing in spot, you will have a very low risk. That's why it's best for beginners in trading. I also recommend to invest only with Bitcoin especially if you don't know how to look for a good coin. For me, if you have knowledge about the 4 year cycle of Bitcoin, you can be profitable. Accumulation is one of phases of that cycle, and if you know how to spot that, you can maximize your profit.

[bhadz]

Even I have some basic background, I don't trade at most times. Yes. I am scared and that's why my approach is different than the others who think that they'll be able to have a better ending with trading. Trading isn't easy, this requires a lot of patience and experience and as well as deep pockets. It is the reason why I choose not to trade although the actual deed is there but my approach is simply becoming an investor and I think it is what is paying off.