Are You Afraid of Trading?

[jeraldskie11]

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.

When we don't have confidence in our strategies and plans, that's what we usually do. We always focus on the chart and we always check how much profit we have. This is often done by those who are new to crypto investing. It's normal that we focus on the screen because of excitement, but what we don't know is that it has a big impact on our trust in our strategy and plan, so avoid this habit so that we can develop a good reaction to what's happening in the market which could really help to enhance our vision.

[Bobcrypto]

As we see history the investor make money from holding instead of trading and it is true trader can make money today but day after Tomorrow will get loss high compare to profit and accordingly capital decrease.
So be investor and tention free life.

As you may know, it also on records that those who make profit one day and the next two days surfer losses are commonly found among newbies traders, the most experienced traders can not make profit today and Lose the next days as you said.
I am a trader both on day and swing trading options, i hardly encounter this losses outcome, if i hit my profit, I don't surfer losses after two days.
You see, many of those who suffer such losses could be noticed on the margin and future traders who over leverage their positions, that is, talking a high risks in attempts to earn big profits.

[martinex]

As you may know, it also on records that those who make profit one day and the next two days surfer losses are commonly found among newbies traders, the most experienced traders can not make profit today and Lose the next days as you said.
I am a trader both on day and swing trading options, i hardly encounter this losses outcome, if i hit my profit, I don't surfer losses after two days.
You see, many of those who suffer such losses could be noticed on the margin and future traders who over leverage their positions, that is, talking a high risks in attempts to earn big profits.

Profit on the other hand is a boost in our investment and it will produce positive emergy so that we are more confident in what we have tried so that it can be sustainable. but many of us also want to make big profits in an instant but do not want to combine several things that make their trading decisions right. If the situation continues like that, he has no choice but to continue adding capital if not he will stagnate.

[Nheer]

As you may know, it also on records that those who make profit one day and the next two days surfer losses are commonly found among newbies traders, the most experienced traders can not make profit today and Lose the next days as you said.
I am a trader both on day and swing trading options, i hardly encounter this losses outcome, if i hit my profit, I don't surfer losses after two days.
You see, many of those who suffer such losses could be noticed on the margin and future traders who over leverage their positions, that is, talking a high risks in attempts to earn big profits.

Profit on the other hand is a boost in our investment and it will produce positive emergy so that we are more confident in what we have tried so that it can be sustainable. but many of us also want to make big profits in an instant but do not want to combine several things that make their trading decisions right. If the situation continues like that, he has no choice but to continue adding capital if not he will stagnate.

Many new traders really want to get the big bag so fast and trading is not like that, not only trading so many things are same way. Trading needs consistency, patient and knowledge.  The more knowledgeable you are the more successful you will be that just the true fact, most new traders after having little knowledge about trading they rush into their real account and make use of it and will end up in loss, they really don’t know the use of demo account Are for making strategy and making use of the knowledge you know and apply it there and check if it really worked before using real account. 

  Trading is not a one time deal, it really deserves a lot to hit the big bag and knowledge is the key so pushing things more hard and harder won’t make it worth it just patience and understanding the market will provide you better results and better opportunities. So this an advice for new traders the game is win and loss, if you are winning keep pushing, if losing keep pushing some days the big big will definitely come. Taking little profits is better than loss.

[ajiz138]

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.

When we don't have confidence in our strategies and plans, that's what we usually do. We always focus on the chart and we always check how much profit we have. This is often done by those who are new to crypto investing. It's normal that we focus on the screen because of excitement, but what we don't know is that it has a big impact on our trust in our strategy and plan, so avoid this habit so that we can develop a good reaction to what's happening in the market which could really help to enhance our vision.

You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.

We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.

[jeraldskie11]

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.

When we don't have confidence in our strategies and plans, that's what we usually do. We always focus on the chart and we always check how much profit we have. This is often done by those who are new to crypto investing. It's normal that we focus on the screen because of excitement, but what we don't know is that it has a big impact on our trust in our strategy and plan, so avoid this habit so that we can develop a good reaction to what's happening in the market which could really help to enhance our vision.

You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.

We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.

It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.

There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.

[DragonF]

It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.

There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.

It is understandable to be afraid of trading because money is involved, but I believe that a trader should be prepared to lose before tracing. This understanding will reduce the trader's fear. The market cannot see the trader's emotions, so instead of being afraid, the trader should make an effort to study the market and profit. 

[jeraldskie11]

It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.

There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.

It is understandable to be afraid of trading because money is involved, but I believe that a trader should be prepared to lose before tracing. This understanding will reduce the trader's fear. The market cannot see the trader's emotions, so instead of being afraid, the trader should make an effort to study the market and profit.

There is no such person who does not have feelings. All of us with a rational mind are afraid when trading because money is involved. We worked hard for it, so if we only have a little money, we will be really nervous if we trade. It is also true that the market does not see our emotions so we must adjust to the market, we must know how to control our emotions because it is a big factor to become profitable.

[UNIVERSE]

It is understandable to be afraid of trading because money is involved, but I believe that a trader should be prepared to lose before tracing. This understanding will reduce the trader's fear. The market cannot see the trader's emotions, so instead of being afraid, the trader should make an effort to study the market and profit.

Yes, everyone must feel worried when they use the money. Moreover if the chance to lose the money is quite high. But if we choose the profession to be a trader, we must be ready to lose the money at any time. We must prepare our mentality as a trader, we can't to have weak mentality. The result of trading will be always 2 things (profits and losses). Even if it is human nature to fee worried or afraid but we must deal with them because trading is our profession. We must believe it can be handled if we have good knowledge.

[Hatchy]

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 once wa afraid of trading until I tried it and saw that it wasn't actually as bad as it was said to be. Yea there are loss and wins, so long you are able to minimise your loss and apply proper risk management, then trading might go a long way for you. Holding requires less skill, and remember not all cryptocurrency you are meant to hold. Hold only coins that make a good market cap and have potentials.

[ajiz138]

You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.

We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.

It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.

There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.

Yes, it is better to stop, or at least take a break for a while so that the fear disappears.

Self-confidence is once again very important, but we must also have a reason for our self-confidence, as I said before. Because excessive self-confidence can also be a problem, because if it is like that, then it is not self-confidence but greed.

[doc]

You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.

We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.

It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.

There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.

Yes, it is better to stop, or at least take a break for a while so that the fear disappears.

Self-confidence is once again very important, but we must also have a reason for our self-confidence, as I said before. Because excessive self-confidence can also be a problem, because if it is like that, then it is not self-confidence but greed.

Fear will make us not have the courage to take the opportunity to invest, sometimes there is doubt when we want to make a decision that also has an effect.
If you are afraid, you should stop, I agree with you. Do research and analysis so that we do not experience fear, and experience is very much needed at this time

[jeraldskie11]

You are right, they are not sure about what they are doing so it can also make the fear grow even bigger. And maybe they will stop in the middle of the road.

We must be sure of what is our potential, but remember that self-confidence must also be with a clear reason, especially because we have knowledge, skills and experience of course.

It would be good if they stop immediately when their fear grows due to always losing in trading, but what if they continue, they may lose more money.

There are traders who have a lot of self-confidence even though they don't really have a profitable strategy, they don't follow the plan and they don't back test. But it's different that you have confidence in your strategy, earned from back testing because you will have a better execution in the market.

Yes, it is better to stop, or at least take a break for a while so that the fear disappears.

Self-confidence is once again very important, but we must also have a reason for our self-confidence, as I said before. Because excessive self-confidence can also be a problem, because if it is like that, then it is not self-confidence but greed.

If we take a break from trading because of many losses, we need to avoid looking at the chart first and focus on things that can make us happy such as traveling or vacation. Because our emotions from the losses are the hardest to forget, especially since we always think about them. Maybe a few days off from trading would be a big help. This way we can check the mistakes in our losing trades very well and our trading execution will be better compared to before.

[SmartGold01]

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.

I am too; I once traded and had a worse experience. Trading is time-consuming, and you need enough funds to trade, and there's always a need to be one step forward, which you cannot do if you have a day job. Timing is also very important in trading, so ample time on your side is very important. I like the easy path I can still earn because Hodling is also profitable but not as profitable as gambling.

One thing about trading is that you must be prepared from for it that accept all risk involved while trading and we know anyone who has to join trading must be equivalent himself to trade efficiently. To gain profits from trading you need to be informed and trade with information as most coin/currency's deals with information and news that comes across the globe.

[ajiz138]

Yes, it is better to stop, or at least take a break for a while so that the fear disappears.

Self-confidence is once again very important, but we must also have a reason for our self-confidence, as I said before. Because excessive self-confidence can also be a problem, because if it is like that, then it is not self-confidence but greed.

Fear will make us not have the courage to take the opportunity to invest, sometimes there is doubt when we want to make a decision that also has an effect.
If you are afraid, you should stop, I agree with you. Do research and analysis so that we do not experience fear, and experience is very much needed at this time

It can be said that fear is an obstacle for someone to progress. Because it is possible that something good has to be lost because of someone's fear. This does not only happen in the cryptocurrency space, but it also applies in real life.

One thing that can eliminate it is knowledge, with that we can make an analysis which will minimize something bad that can happen to us.