Are You Afraid of Trading?

[rizqillah]

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.

If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.

[Penlex_Writer]

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?

no risk no money,everything in life is all about risk,you still holding the money one day it will be spent out,you just said it,there is nothing to be afraid of unless you don't have an idea of trading,as i said is all about loosing or gaining which is the risk behind it.

[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.

If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.

Soon, you'll become an expert on it and you'd definitely going to make it as a career. Those that have a lot of time doing trading as their main source of income. They are all saying that they are not an expert but look on how they're doing, they're able to make a lot of money from it because they know what they do and they have learned from all of their past experiences and that's how it went for many of them but not all of them became a successful trader.

[UNIVERSE]

If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.

You are right. We can choose investment if we can't do trading. Investment doesn't require a lot of time, we only need to know the right time for entry and exit. But we must be patient to hold the coins for some months or some years. People mostly hold the coins for 3-4 years.

although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.

If you always learn, you will be an expert someday. It must take time to be an expert, we won't be an expert suddenly. We must gain experiences to have a better ability in trading. But as long as we keep learning, it is very possible to be an expert someday in the future.

[milewilda]

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.

If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.

Soon, you'll become an expert on it and you'd definitely going to make it as a career. Those that have a lot of time doing trading as their main source of income. They are all saying that they are not an expert but look on how they're doing, they're able to make a lot of money from it because they know what they do and they have learned from all of their past experiences and that's how it went for many of them but not all of them became a successful trader.

Trader could neither be that a scalper, swing,day or something that do talks about difference in duration but in overall it was never been that easy. We would really be that all lying that there's no time that we are afraid on doing trading on which losing money is really that the real reason on why people do really get that afraid on dealing with it and this is something which is really that very normal since we are just human beings and we dont really want on losing money but since we are risking something to earn something then its a normal approach into this kind of situation.

[Mr. Magkaisa]

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.

If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.

       -     As traders, we always have two choices: long-term holders and short-term, but most of the time, they just go long-term because they want to be sure of profit, especially since we are in the bull season now.

That's why I'm currently cutting back on day trading, instead doing DCA or accumulation to be sure of bitcoin's bull run or rally when it starts to take off in the market. At least my altcoins holdings are ready anyway.

[doc]

       -     As traders, we always have two choices: long-term holders and short-term, but most of the time, they just go long-term because they want to be sure of profit, especially since we are in the bull season now.

That's why I'm currently cutting back on day trading, instead doing DCA or accumulation to be sure of bitcoin's bull run or rally when it starts to take off in the market. At least my altcoins holdings are ready anyway.

I am also just a long term holder, who buys top coins and holds them until bullish season.
but sometimes when the market is good I trade to profit from it.
so I do both but I focus more as a holder. because this is my expertise and in accordance with my job, I am too busy in the real world.

[alltalk]

I am also just a long term holder, who buys top coins and holds them until bullish season.
but sometimes when the market is good I trade to profit from it.
so I do both but I focus more as a holder. because this is my expertise and in accordance with my job, I am too busy in the real world.

I think we are the same. We hold Bitcoin for a long term, but we can trade when we have spare time. Sure, why don't to take profits whenever the price of a crypto coin achieving our target?  I'm sure almost every holder will do it, they will take profits immediately as long as they aren't greedy.

It is okay if you are still very busy with your jobs in real life. Investing and trading in crypto coins shouldn't bother our regular jobs in real life. I'm sure everyone will still rely on the real life jobs for monthly income.

[milewilda]

I am also just a long term holder, who buys top coins and holds them until bullish season.
but sometimes when the market is good I trade to profit from it.
so I do both but I focus more as a holder. because this is my expertise and in accordance with my job, I am too busy in the real world.

I think we are the same. We hold Bitcoin for a long term, but we can trade when we have spare time. Sure, why don't to take profits whenever the price of a crypto coin achieving our target?  I'm sure almost every holder will do it, they will take profits immediately as long as they aren't greedy.

It is okay if you are still very busy with your jobs in real life. Investing and trading in crypto coins shouldn't bother our regular jobs in real life. I'm sure everyone will still rely on the real life jobs for monthly income.

When you do have a main day job then you do plan to do trade then you can actually do it on which you can be able to make it as a side income then its considerable but on the time that you would be going full time then this is where you will really be making up such decision. It will really be that up to you whether you do really have that kind of hesitance when it comes to trading or you arent that prepared when it comes to losing money then this isnt really that something that you would be able to sustain. Find out another career on which it will really be that basing up into your preference because not all will really be that having that good approach.

[UNIVERSE]

-As traders, we always have two choices: long-term holders and short-term, but most of the time, they just go long-term because they want to be sure of profit, especially since we are in the bull season now.

That's why I'm currently cutting back on day trading, instead doing DCA or accumulation to be sure of bitcoin's bull run or rally when it starts to take off in the market. At least my altcoins holdings are ready anyway.

If you are a trader, your option is for short term. But if you choose long term holding, it means you are investor. You don't make it the same between trader's goal and investor's goal. Someone becomes a trader because he wants to get profits as quick as possible, they don't aim to hold a long time.

If you want to do DCA, it means you are a long term investor. Doing DCA can't be in a short time, we gradually collect a crypto coin with DCA. Mostly we buy coin with a small fund when we do DCA.

[Dr.Bitcoin_Strange]

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.

If you don't have time to trade, you can choose to become a holder. I really focus on trading because I have a lot of time to do it. And I really enjoy it.
although I am not an expert in trading but I always learn and practice because it is true what you said, trading is not something easy. All need experience and sufficient knowledge.

Yeah when it comes to trading One needs idea and knowledge to be able to trade and if you don't have what it takes to start trading then just accumulate Bitcoin and hold, as a trader you need to have some features and One being positive you most be positive that you will succeed in this trading you are into, if you are not positive then you will keep losing, I know of someone who is a trader his very positive he always believe he will succeed in trading, as a trader if you believe you will lose them you will keep losing, and one other thing is for you to be consistent in trading some set of people when they start trading and they are losing money they stop trading, I have a friend when he started trading he was losing a lot of money so keep trading and now his gaining more than his losing and that was because he was consistent as a newbie into trading you most be consistent Because the more consistent you are the more knowledgeable you will become and the more knowledgeable you become in trading the more money you will get, experience is one thing that is needed if you want to make money in trading also.

[debra]

Yeah when it comes to trading One needs idea and knowledge to be able to trade and if you don't have what it takes to start trading then just accumulate Bitcoin and hold, as a trader you need to have some features and One being positive you most be positive that you will succeed in this trading you are into, if you are not positive then you will keep losing, I know of someone who is a trader his very positive he always believe he will succeed in trading, as a trader if you believe you will lose them you will keep losing, and one other thing is for you to be consistent in trading some set of people when they start trading and they are losing money they stop trading, I have a friend when he started trading he was losing a lot of money so keep trading and now his gaining more than his losing and that was because he was consistent as a newbie into trading you most be consistent Because the more consistent you are the more knowledgeable you will become and the more knowledgeable you become in trading the more money you will get, experience is one thing that is needed if you want to make money in trading also.

Knowledge is the main thing that we must have in trading. Even if we can have a good discipline, it will be nothing without good knowledge. We can minimize the losses and we can use stop-loss future, it is because we have knowledge. So, that's why newbies must focus on the knowledge firstly. Sadly, many people don't really care with knowledge, they think it can be easily obtained. But for the experience, it should be obtained when we already trade for many times.

[PX-Z]

Knowledge is the main thing that we must have in trading. Even if we can have a good discipline, it will be nothing without good knowledge. We can minimize the losses and we can use stop-loss future, it is because we have knowledge.

Anyone can have that both for much better results. Of course it does not only for these 2 but the skills and strategy is needed that's why experience is much more important in trading.

[bettercrypto]

Trading is the best valuable earning way in cryptocurrency market. Because if we follow in cryptocurrency market, we can understand easily in important of trading system. But if we know about trading, i believe that we can earn huge profit from trading. But if we cannot understand in trading system, it will be best difficult for earning best profit from crypto currency market. So i believe that if we want to earn money from crypto currency market, we should understand in cryptocurrency world.

Trading is really the only final destination for us to convert the cryptocurrency we have acquired, because without trading, the crypto assets we acquire are useless.

That is why it is very important that we have knowledge about this matter, so that we do not always just do the seal
 when trading in the crypto space that we are living in.

[Dr.Bitcoin_Strange]

Knowledge is the main thing that we must have in trading. Even if we can have a good discipline, it will be nothing without good knowledge. We can minimize the losses and we can use stop-loss future, it is because we have knowledge. So, that's why newbies must focus on the knowledge firstly. Sadly, many people don't really care with knowledge, they think it can be easily obtained. But for the experience, it should be obtained when we already trade for many times.

Yeah, trading isn’t like gambling where what you need the most is luck and the skills, experience and strategy is only needed to give the gambler some sort of a boost or added advantage. I’m trading, it’s quite the opposite, and that’s the actual difference between trading and gambling, for those who still argue that the both concepts are the same as one. The success of a trader is more dependent on the level of his skill, experience and strategy, how much he understands and able to navigate the market, so yes, that’s what traders should be concerned about first before considering other areas.