Are You Afraid of Trading?

[Celph]

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?

     While talking about this,i think almost everybody is basically scared of trading whether we believe it of not.
   No one wishes to incure losses at all while trafing.A normal investor while trading checks the market charts to see how it’s going even if he claims that this particular investment move would hit cloud peak.That little atom of fear just sits there anticipating whether profits would be maximized or whether losses might be incurred.
   I doubt if there is entirely a cure to this prevailing issue;or is there?i doubt still.i think we could maximize this fear however by being careful of the decisions we make while trading.Make your own researches as learning particularly never ends.
 
  From the last paragraph; i actually dont think no one is critically prepared to be thatfully equipped risk-free trader.If you feel scared to make trading decisions, you’d proply sit on that spot just watching the market scale through until its late to take a spot and make these investments decis.
However;i think it’s up to the investor to determine whether or not he wishes to trade or not.

Before we enter into crypto trading, we must know the risks that we will get. Profit or loss will definitely be experienced, must be mentally strong and continue to learn from time to time to strengthen our mentality. Because in crypto trading the risk is very high.

Yeahh.
Particularly all tradings too pertains risk whether crypto,forex or whatsoever  and you have to prepare yourself mentally cause if you think you made one loss and the world feels like its on your head,it hasn’t even started yet cause the future still holds a bucket of losses waiting.Most important thing is to learnn to mitigate these losses by making good investments decisions even though it doesn’t fully assure of the outcome, be sure to make your decisions critically thought about.

[Marivic27]

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 some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.

[Nheer]

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 some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.

Trading you see is a very hard and difficult task, a lot of people think trading is easy but it determines a lot, patience, consistency, focus , risk management and discipline. Trading is not just something you wake up a day and say I want to be a trader you will need enough knowledge and better understanding. Fear, a lot of traders are afraid to lose money most especially the newbie to the market and risk is a very high probability of getting success.

 Many traders are afraid of losing money and also they are afraid to risk it and without risk you won’t be a profitable trader. Having a better and more understanding about the market will give you more confidence and reduce your lose. Knowledge is the key, with knowledge you will avoid unnecessary loss and aim for bigger profit.

So being afraid to trade is a trauma every trader undergoes cause seeing your capital reducing  or rising will be emotionally draining, so being afraid can be said to be a phase each trader undergoes you just have to overcome it.

[enwi]

Trading you see is a very hard and difficult task, a lot of people think trading is easy but it determines a lot, patience, consistency, focus , risk management and discipline. Trading is not just something you wake up a day and say I want to be a trader you will need enough knowledge and better understanding. Fear, a lot of traders are afraid to lose money most especially the newbie to the market and risk is a very high probability of getting success.

 Many traders are afraid of losing money and also they are afraid to risk it and without risk you won’t be a profitable trader. Having a better and more understanding about the market will give you more confidence and reduce your lose. Knowledge is the key, with knowledge you will avoid unnecessary loss and aim for bigger profit.

So being afraid to trade is a trauma every trader undergoes cause seeing your capital reducing  or rising will be emotionally draining, so being afraid can be said to be a phase each trader undergoes you just have to overcome it.

There are many things which need to be done before immersing oneself into these trading platforms, this is because every decision that is made, is what determines the profits earned. It is normal to feel and fear and doubt for there are market conditions that are not very conducive to the manner by which they are expected to perform. It is the manner in which we deal with the feelings and stay positive with the strategy that we are implementing. Like Business risks, some risks are inevitable. Therefore, having a vast perspective can help minimise possibilities of making hasty decisions. As time goes by, one becomes accustomed to different challenges in trading, and every action he makes will depend less on the heat of the moment.

[dave_strider]

Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.

It shouldn't be a question of capital - the % regarding the potential PNL would remain the same.
A person should start small, and grow their portfolio naturally, managing the risks. That's when the fear wouldn't be a problem.

[Mr. Magkaisa]

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 some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.

         -      Trading is not really easy in terms of getting profit, it's easy to buy and sell but when you analyze the actual trade in the chart exchange,
this is where the problem arises.

Especially if you have no idea about the trading strategies used here, so this can really make you feel afraid, especially if you are not that deep in the crypto space.
That's why it's important to study it correctly.

[Vx1]

Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.

Before entering crypto trading, we must know the big risks that we will experience. So that feeling of fear must disappear, because if the fear continues to exist, our trading activities will certainly not be able to focus. Fear will certainly make us afraid to take action, and of course that is not good in crypto trading.

[milewilda]

Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.

Before entering crypto trading, we must know the big risks that we will experience. So that feeling of fear must disappear, because if the fear continues to exist, our trading activities will certainly not be able to focus. Fear will certainly make us afraid to take action, and of course that is not good in crypto trading.

Very normal that we would really be having that that kind of fear specially when we are really just that starting and thats normal but on the moment that we do able to gain up experience and knowledge then this is where we do make our mindset and emotions a little bit more stiffer as the things goes passin by. We do know that when it comes into this aspect on which at the time that we do become that knowledgeable then we do have that kind of confidence on which this will really be the usual stuff that you will be able to feel out on the right moment or time.

[Uruhara]

Well some people are really afraid on trading specially when they don't have big capital or when we are afraid to loss because the money we are using is not our own money or it is from loan, trading is very hard because it involves money and it required time so trading is not so simple as everybody's think about it.

Before entering crypto trading, we must know the big risks that we will experience. So that feeling of fear must disappear, because if the fear continues to exist, our trading activities will certainly not be able to focus. Fear will certainly make us afraid to take action, and of course that is not good in crypto trading.

Yes, fear in trading sometimes also brings bad results. Examples include FOMO (Fear of Missing Out). But controlled fear can also be very useful in making us more careful before acting. But if the fear is excessive then we will never be able to start trading. Because we will be afraid to try. While trading requires courage to start.

[JISAN]

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.

We track the price of a coin repeatedly after investing in it.  Because we love to do that.  And here, of course, there is a matter of fear.  We keep watching the price of that investment coin again and again because we fear too much loss.  And this is normal because we have very little ability to accept financial loss.  It is normal but those who can control this fear and make strong holdings can make huge profits and they are successful.

[DavetJack]

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.

We track the price of a coin repeatedly after investing in it.  Because we love to do that.  And here, of course, there is a matter of fear.  We keep watching the price of that investment coin again and again because we fear too much loss.  And this is normal because we have very little ability to accept financial loss.  It is normal but those who can control this fear and make strong holdings can make huge profits and they are successful.

Yes, when we invest in a currency to hold it, we wait for the price of this currency to increase. When will we be able to make a good profit from the currency we hold. Yes, of course there is a fear of price increase and a risk of loss. But we lose patience due to fear, so we sell it after a small increase in price. So we cannot move forward. We have to be patient so that we can make a good profit from the currency we have invested in and be successful. If we invest in a currency with this thought, then maybe we can be successful...

[debra]

Greed is a serious challenge in trading. Even we have good knowledge and experience, it is not impossible if we may feel greedy sometimes. But for the traders who have knowledge and experience, they can be easier to control the greed. It is because they will try to think realistically by doing analysis and research. We also sometimes must consider the risks before we make too high targets for the profits.

Very serious indeed but actually it can really be that controlled if you are really just that mindful or sensible towards into the actions that you are making and not really just that making yourself getting afraid.Its normal normal that you do have that hesitance because of lacking knowledge but if you wont really be that trying to push yourself then you wont really be learn anything.

Yes, that's right, the key is how we are able to control it all, in this case, it is indeed very necessary to have very good emotional control, including controlling every feeling of panic experienced, greed, excessive worry, and so on. Therefore, emotional management and control are also important factors in cryptocurrency trading to minimize the existing risks.

Therefore, it is necessary to have a good understanding and knowledge about crypto trading to minimize the occurrence of loss control of emotion. One of them is by managing the strategy for SL and TP settings, if trading is done daily, especially.

[milewilda]

Greed is a serious challenge in trading. Even we have good knowledge and experience, it is not impossible if we may feel greedy sometimes. But for the traders who have knowledge and experience, they can be easier to control the greed. It is because they will try to think realistically by doing analysis and research. We also sometimes must consider the risks before we make too high targets for the profits.

Very serious indeed but actually it can really be that controlled if you are really just that mindful or sensible towards into the actions that you are making and not really just that making yourself getting afraid.Its normal normal that you do have that hesitance because of lacking knowledge but if you wont really be that trying to push yourself then you wont really be learn anything.

Yes, that's right, the key is how we are able to control it all, in this case, it is indeed very necessary to have very good emotional control, including controlling every feeling of panic experienced, greed, excessive worry, and so on. Therefore, emotional management and control are also important factors in cryptocurrency trading to minimize the existing risks.

Therefore, it is necessary to have a good understanding and knowledge about crypto trading to minimize the occurrence of loss control of emotion. One of them is by managing the strategy for SL and TP settings, if trading is done daily, especially.

You would really be able to adjust accordingly when it comes into this matter on which at the moment that you had been able to make yourself that engage with this volatile space and do able to know at least on what are the mistakes that you have done then its impossible that you wont be able to learn up something out of those mistakes and you would really be able to avoid it out on next time. Getting afraid is normal but doesnt mean that this will be the reason that you would be stopping yourself on becoming that a good and profitable trader. Challenges are just that normal but once you do overcome it then trading skill is something which will be that helpful for you.

[EluguHcman]

Of course you are right, there are more of investors than the traders due to numerous considerations involved in-between.

Trading is highily required of skills to manage your risk of lost and due to the unpredictable market price rates, trading would require more of capitals because you might be on the lost line in the first phase or so, so you will need to have a backup funds to regulate your trading in other to stay active while watching the trade lines based on your trading strategies.
It as well requires computational devices to keep the market on track.

While investment could be all good with the basic understanding of hodling and setting up an investment goal and optional to the adaptation of the DCAs. That is for Investors who tends to keep buying to increase their portfolios.

And most importantly to the awareness of investors is to note that investing on Bitcoin is not a get quick rich investment but better to achieve if set on long term investment.

[ajiz138]

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.

We track the price of a coin repeatedly after investing in it.  Because we love to do that.  And here, of course, there is a matter of fear.  We keep watching the price of that investment coin again and again because we fear too much loss.  And this is normal because we have very little ability to accept financial loss.  It is normal but those who can control this fear and make strong holdings can make huge profits and they are successful.

The more often we look at our prices and portfolios, the more we will be afraid. In addition, we who plan long-term investments, should be ready for all the risks.

Especially when we invest in bitcoin, what should happen is that we can suppress that fear. Not become a very big fear. If that happens, then there is something wrong with our investment method.