Are You Afraid of Trading?

[Uruhara]

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.

In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to. I am one of those people who rarely trades except on weekends. Or when I'm on holiday and have time to do it. Because trading requires focus and time.

[Menerever]

Afraid might not be the suitable term but rather just worried especially during a worst possible scenario.

I'm a type of guy that didn't afraid to go all-in or to put a decent amount in trading. But on the way, it's impossible for me not to feel the human nature of being worried too much on all of my coins/tokens that are currently on-trade or stake.

Being afraid is just common especially for newbies that totally didn't know what crypto is all about.

But as a newbie, do you just want to keep it that way or want to level up and advanced.

[$crypto$]

In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to. I am one of those people who rarely trades except on weekends. Or when I'm on holiday and have time to do it. Because trading requires focus and time.

The point is we have to know our own limits, we have to implement good management of our finances if we want to trade. Enter money that has been prepared for trading. If in the middle of the road we feel not okay, then it is better to stop for a moment from the trade that is being done. This is the safest way, rather than having to continue trading with an uneasy mind. Trading must be in a very good condition and with a calm mind.

[Chilwell]

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?

Involving yourself in something that will be beneficial to you and sometime it may also cause you lost is normal for someone to feel nervous about it, including trading too. But you have to get rid the fear and gather some courage to overcome all the difficulties and challenges. Trading is complicated, hard and risky, but I can assure you that with Zero fear, you will get to where you want to reach, and you will be a successful trader. There is possibility of losing your money and there is also the possibility of minimizing the risk. Holding is not a bad idea, but it also has disadvantages, what motivate you to be a holder, can also motivate you to be a successful trader.

[UNIVERSE]

In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to.

Knowledge and experience are 2 main things in trading. But for me, knowledge is the most important one. If you have no sufficient knowledge, you can't trade with a proper way. Meanwhile experience, it can be obtained along with the more we do trading. If we keep trading, we will always get more experience. But for knowledge, we can't improve it if we have no certain way to enlarge our knowledge. That's why every trader needs to keep learning about everything related to trading. Even a professional trader, he still needs to keep learning. Anyway, if we have good knowledge, we mustn't follow FOMO because we know it is not the right way in trading.

[rizqillah]

In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to.

Knowledge and experience are 2 main things in trading. But for me, knowledge is the most important one. If you have no sufficient knowledge, you can't trade with a proper way. Meanwhile experience, it can be obtained along with the more we do trading. If we keep trading, we will always get more experience. But for knowledge, we can't improve it if we have no certain way to enlarge our knowledge. That's why every trader needs to keep learning about everything related to trading. Even a professional trader, he still needs to keep learning. Anyway, if we have good knowledge, we mustn't follow FOMO because we know it is not the right way in trading.

good advice, if you suggest traders should always learn to seek knowledge because it is very important. With knowledge we can make the right analysis and skills can be obtained from experience by always practicing. that's what I've been doing in learning trading.
and I have enjoyed the results of my hard work learning trading.

[Celsius]

The most important thing in trading is to get rid of fear, otherwise you will never be able to profit from trading.
When it comes to trading, you must know a lot and learn a lot, otherwise you will definitely face losses when trading in new situations.
When it comes to trading, one must curb greed and control emotions, otherwise, there is a much higher chance of losses instead of profits.

[DragonF]

In trading, experience is what is most needed. because without sufficient experience we will still not become individuals who can easily control ourselves. Like the people who get caught up in the hype and become Fomo are those who have little experience in trading. It's just that we shouldn't force ourselves if we are no longer able to. I am one of those people who rarely trades except on weekends. Or when I'm on holiday and have time to do it. Because trading requires focus and time.

Experience is not what is needed. Waiting to gain experience will be a long journey filled with poor trading decisions that will have a significant impact on the trader's finances. I would rather a trader learn from an expert because a lot of mistakes can be avoided if a new trader follows the advice of an experienced trader.

The advantage of this is that an expert has prior experience, and the new trader will not make the same mistakes that the expert did in his early years of trading. With this kind of background, the trader can build on it and will undoubtedly make good profits from trading. 

[Mr. Magkaisa]

        -      In trading, the fear feeling will not go away for the majority of traders in this field of the crypto space. But for long-term holders of any crypto assets,
to minimize the risk, it is still the safest to hold.

Although there are still traders in the short-term who get profit most of the time with each passing day. But if you know for yourself that you can get passive income from trading, don't stop but continue.

[doc]

        -      In trading, the fear feeling will not go away for the majority of traders in this field of the crypto space. But for long-term holders of any crypto assets,
to minimize the risk, it is still the safest to hold.

Although there are still traders in the short-term who get profit most of the time with each passing day. But if you know for yourself that you can get passive income from trading, don't stop but continue.

the fear of losing will be there if we are not sure about the coins we have, so it is advisable to choose the top coins so that we do not lose, because the top coins have been proven, and the purchase when the price is still low. but if you buy now it seems difficult to avoid the risk because the price of the top coins is also high. A trader should have the right analysis and have the right strategy and plan. because if the analysis is wrong it will result in a loss.

[UNIVERSE]

good advice, if you suggest traders should always learn to seek knowledge because it is very important. With knowledge we can make the right analysis and skills can be obtained from experience by always practicing. that's what I've been doing in learning trading.
and I have enjoyed the results of my hard work learning trading.

Improving knowledge is a must in any aspect of life, it is not only in trading. If you stop to improve knowledge, it means you will be left behind, everything is growing fast. In trading, we must have many strategies and we must know well the change in crypto market. It is needed to adjust our approach in crypto market. We must know that crypto market easily changes, so we are required to have better knowledge. This is also the sign of a hard worker, keeping knowledge is surely needed.

[Crypto Library]

good advice, if you suggest traders should always learn to seek knowledge because it is very important. With knowledge we can make the right analysis and skills can be obtained from experience by always practicing. that's what I've been doing in learning trading.
and I have enjoyed the results of my hard work learning trading.

Improving knowledge is a must in any aspect of life, it is not only in trading. If you stop to improve knowledge, it means you will be left behind, everything is growing fast. In trading, we must have many strategies and we must know well the change in crypto market. It is needed to adjust our approach in crypto market. We must know that crypto market easily changes, so we are required to have better knowledge. This is also the sign of a hard worker, keeping knowledge is surely needed.

It is said that there is no fixed time for acquiring knowledge and there is no limit to it. And if this had happened, then bitcoin investment would never have happened in our world, we would never have seen the crypto world and modern world that we see today. Because people have regularly acquired knowledge and increased their creative power and then we can see these modern technologies in the world now.
And in the case of trading, I think it is even more important to constantly increase knowledge because in this space, upgrades and updates come faster than in other sectors, and since money is involved, more importance needs to be given here.

[LogitechMouse]

The most important thing in trading is to get rid of fear, otherwise you will never be able to profit from trading.
When it comes to trading, you must know a lot and learn a lot, otherwise you will definitely face losses when trading in new situations.
When it comes to trading, one must curb greed and control emotions, otherwise, there is a much higher chance of losses instead of profits.

It's not only fear that must get rid when you're trading. ALL OF YOUR EMOTIONS!!!

When you're trading, you need to disregard your emotions because as somebody that's been trading, and failing, I've experienced losing money just because my emotions got me. You will only feel it when you made a wrong position, choose to close it at a loss because you positioned at a wrong time and when you can't accept that lose, you will try to recover those losses, and that can lead to further losses because you just did an impulsive decision and trade.

Emotions must be removed when it comes to trading. If you lose some money, accept it. If you made some money, be contented with it and call it a day.

[albon]

The most important thing in trading is to get rid of fear, otherwise you will never be able to profit from trading.
When it comes to trading, you must know a lot and learn a lot, otherwise you will definitely face losses when trading in new situations.
When it comes to trading, one must curb greed and control emotions, otherwise, there is a much higher chance of losses instead of profits.

Good Advice, because if you stay in crypto you need to learn to control emotional because your funds will suddenly be damaged and suddenly your funds will rise at double rate. Most new investors fall into big losses when they invest in short knowledge. Again, when he follows anyone by trading because you need to have a lot of experience to do trading. From my personal qualifications i can say that crypto will have less temptation to be less affected by profit. If you want to 100x after the price of a coin is 2-3x, then it will be foolish.

[$crypto$]

The most important thing in trading is to get rid of fear, otherwise you will never be able to profit from trading.
When it comes to trading, you must know a lot and learn a lot, otherwise you will definitely face losses when trading in new situations.
When it comes to trading, one must curb greed and control emotions, otherwise, there is a much higher chance of losses instead of profits.

Good Advice, because if you stay in crypto you need to learn to control emotional because your funds will suddenly be damaged and suddenly your funds will rise at double rate. Most new investors fall into big losses when they invest in short knowledge. Again, when he follows anyone by trading because you need to have a lot of experience to do trading. From my personal qualifications i can say that crypto will have less temptation to be less affected by profit. If you want to 100x after the price of a coin is 2-3x, then it will be foolish.

Fear will make the knowledge we have disappear, because our focus will be on fear which will definitely destroy all the skills we have.

If you are still afraid, it would be better to practice a lot first to increase your self-confidence so you can control the fear. Because it is impossible for us to eliminate it because it is actually a natural trait that we have.