Bitcoin Forum

^{You have been a member on this forum for a very long time and been holding Bitcoin during that time, does that make you a good trader? Definitely not!}
I see many threads about how hard trading is here, but i don't think it's so hard to that you want to make it look like. I wonder is anyone here actually trading or have tried to trading, or is it just to fill the sign-campaign requirement? I don't want to mention any names for many reasons I think everyone have good intentions but most of the posts and tips makes zero sense and when I read it I know that the person that posted that is not a good trader and probably never had trading at all himself/herself. ^{Legendary rank can be a newbie trader and a newbie rank can be a legendary trader.}
Anyway my point is: Isn't it mean to give tips and talk about things that maybe someone will read when you actually don't know what you talking about? Isn't it fraud?   ???

A very good description of Trading.


https://www.youtube.com/watch?v=ROQNfVc4BYI&t=5745s
Everyone should watch this from 14:25 when he speaks

Trading is not hard to learn, but it is hard to make money with trading. I have over 3 years experience in trading now and I am still in loss than in profit. To make money, trading is hard. To learn, trading is not hard. People can refer to earning money from trading to be hard, which is not wrong but right.

Actually a very good description. I quote that in the OP if that's okay? I understand.. I hope you have made yourself some money on the action at Solana network lately. Have a good one and thanks for sharing this.

That's indeed a very good explanation of trading from Oshosondy and one that doesn't look biased and exaggerated as well. And yes, you are so observant and I noticed the same thing you noticed, many people writing about trading here are not experienced at all, not that they do not know about it, but just an idea. They are not such that are well-experienced and trade regularly, needless to say, they are profiting from trading. One could also get to know them through the way they construct their posts, I just refuted one of their claims in a post today.

However, trading is good but risky. Many would try it but very few would make it from it. I said this to encourage you or anyone reading this post. There are indeed some people who are making massive money from trading but you hardly see them flaunting their wealth, they are insiders who do not care about social media presence. Still, I encourage anyone that they can also be successful in trading, after all, they might not know if they did not try. They should just make sure they gather enough and necessary experience and get to make the effort until they get to their limit (quit or continue).

Very good said, yes trading is risky and the reward is something we all like money, so of course we all want to be good at this. but the truth is very very few is good at this so they can be profitable year after year.
But I think when it's involving money we should not speak if we not have good research and knowledge about the subject. Of course the decision is always up to us self but it's not kind even if the intention is to be kind.

I am far far away from a professional trader but good enough to not go with loss I trade mostly P2P and ye in P2P you cant go with loss. But in crypto trading you can of course. lately tho I made huge huge profits from everything in the Solana network. Example: https://www.coingecko.com/sv/coins/bonk - https://www.coingecko.com/sv/coins/guacamole and many more.  :) I am also positive many others in this forum have taken advantage of this.  :)

Trading is hard and it is easier to lose money than to get profit with trading. I think trading is very addictive and many people can not quit trading because they already addict with trading.

Trading is a tough journey like the chart you share and in this volatile market, with news, fud, trading is harder as emotion, psychology can be affected a lot. Investing is not easy too but if comparing to trading, it is more easier to get profit.

The challenge with investment is choosing a good asset. If you choose Bitcoin, you done a hardest part and the rest is holding it to get profit. It will be so smooth if you look at the chart in Log scale.

https://coinmarketcap.com/currencies/bitcoin/ (choose All, choose Log)

it's also true for me, i have been involved in trading for over 4 years but still making more losses than profits, so it's not guaranteed earning for an experienced traders,
yeah trading isn't too hard likes rocket science and even there is no end to learning trade,

This is the reason why I'm building myself up to face the actual challenges of trading, so I can be able to minimize loses. I believe that it's not something that someone without the full knowledge of how fundamental and technical analysis of trading works. This is why I'm grateful for this forum, because hearing members trading experiences makes me to be better equipped before I start, hopefully soon. Although I'm very optimistic that when I eventually start, with the knowledge that I'm gathering, I believe that my profits will be greater than loses. Worst thing is to rush into something that involves money without being fully informed about it.

Of course that is a mistake and if we are still very new to trading or our knowledge is not deep enough about trading then we should not give any advice even if we are making a profit when giving advice.
I used to trade and it must be said that crypto trading is only profitable when the market is bullish but when the market starts to bearish everything becomes more difficult especially if done only with emotion, so I decided to only be an investor by buying BTC whenever there are funds left or when the crypto market starts moving up by buying several altcoins and selling them a few months later with a profit that will certainly be proportional to the capital used, I mean expecting profits of tens of thousands of dollars with capital of only tens or hundreds of dollars in short term is a lie.

You will know a trader from the tenses used in their replies or post on the trading board. There are tenses that are used by traders, and to be a trader talking to other traders, there is no way you will be able to express yourself without using those tenses.

Legendary in rank does not mean that the person has an idea on every subject. But it should mean that there should be the maturity to contribute on topics where you have an idea and ignore others and simply read where you do not have knowledge. 

Achieving a high rank doesn't guarantee trading expertise. Before the merit system, you can rank up by being active in the forum, not requiring trading experience or other skills.

Trading is a skill that can be acquired through experience. It may take years of losing trades before one becomes a profitable trader. If you receive any advice you believe is inaccurate, it's important to voice your concerns. You may encounter people who seem knowledgeable, but they may only have a basic understanding of the topic.

Discussing on trading is most many people actually care about. There are people that don't actually trade but they are only good at advising people hoe to trade when they can not even make a profit from a single trade. If we are beginners traders I think we don't have to listen to every advise that is given here because some of these advise are misleading to the hearing. If we are real traders, there are many ways we can know those people that are not real traders.

so far the most viable way of trading that didn't cause loss as frequent but instead give quite many profits are trading around bullrun like today, as the saying goes, everyone is expert when the market is bullish so making a trade is rather easy and getting profit is also easy, quite opposite trading when the market is bearish or where the market have no trend going on more likely gonna be incurring loss since its all about trickery when it comes to trading at that time whale just trying to make fake pattern so people buy then further dumps the market anyway as if TA supposedly helps the retailer are instead being taken advantage of by the whales.
thats what I found from my experience in trading, when market bullish like this, we can invest in the shittest coin and still make profit. just overall better experience to be honest.

Those who comment about trading but do not comment without knowing anything about trading, of course they have an idea about trading and from that idea they share their opinion when there is a discussion about trading. A trader would never comment on trading related issues in such a post if he had no real experience or knowledge about trading. I trade regularly and I am a trader, I try to share as much as I know about trading but you may think that I am only giving you ideas about trading but actually I am not trading it is not like that at all. Most of the people who will advise you have a good understanding of trading. Apart from having ideas, they actually trade and share practical experience.

I can't call myself a trader, but I did buy low and sell high when the mempool was low and there were many exchanges not ask to complete KYC verification.

I'm in profit, but I trade based on my feeling and instinct lol, I don't care with the candle stick, trend etc, but I only check the rumor that has a relation with Bitcoin. Remember I'm not a daily or active trader, I only sell it when the price is higher than the price when I bought and vice versa, I don't mind to wait for a month or longer.

With this, you are doing the right thing, my friend. First, you admit your weakness in trading and become cautious of risking what you do not understand, especially something risky, and that could be scary. You then resolved to still participate in crypto and get to earn through P2P and investment by investing in crypto instead. This is brilliant and everyone will not be able to cope with trading but I do not believe there will be anyone that will lose in the end once they own their crypto of a good project (in investment). And congrats on the profit with Solana, SOL is a very good project and those who bought it this year alone would have recorded massive income. Imagine those who would buy it with $150,000 and above, they would have their portfolio raised close to $1M already, and this is just amazing.

Just be careful even as you continue with the style, but with good projects only and you will not regret it as a substitute for trading.

First Hi and Thanks for replying in this thread my friend & Thank you for congratulations me to my earnings from the coins/tokens in Solana network. I read true your whole post and agree with what you saying.
This is the coin that I made the most profit on so far: https://www.coingecko.com/sv/coins/bonk Dog Coin in Solana network. Yes I can only imagine those who made heavy investments, I am not there yet but I know I will reach that level in a soon future. I must believe in my self and try, if we never try we never know and the risk we regret our cautious is huge. No Risk No Reward!

I am not active trader as people who open and close positions daily, but I spot buy coins I think are good and hold indefinitely. When there is market bloodbath, I do perp trading, and long coins for indefinite time. I've also done bit in news based trading (following news on coinmarketcal [1]).

I've been fairly successful in above but I've often failed to realize profit, so this time I'm not gonna repeat same.


You are right, many people write stuff without having first-hand experience of what they write, it's good that you are able to discern between stuff that's genuine and otherwise, definitely helps a lot in life.

---

[1] https://coinmarketcal.com/en/

I’ve been trading not so long ago, perhaps a little more than half a year, and it’s worth clarifying that I’m a holder and have been buying Bitcoin for several years, starting in 2022, and trading for me is like a new direction that I was interested in mastering.

So I’ll tell you that hold brought me significantly more profit than trading. In trading, profitable transactions are replaced by unprofitable ones, I spend a lot more time on trading than it took me to buy some satoshi, so I can compare everything from my personal experience and say that for me personally, trading is almost like a waste of time, because, I just can stay after work and earn more after hours than I can earn in trading.

Hey mate. Thanks for taking time to reply in the thread. I see and I understand how trading works for you. You should always stick with something you know works for you and be careful when exploring new things, if you feel trading is waste of time for you yes then you should not be trading. :) I am also fresh in trading, P2P trading I have done since 2020 or something like that and it's totally different since you more or less cant lose money, you will always do a profit if you are able to sell your coins fast.
Last 6 months I been exploring crypto trading and I can say that I only been trading with coins/tokens in the Solana network for ¹ Safe as much on fee's as possible. ² Been able to do instant and fast swaps. Now this have been worked very good for me, but I  am aware that everything can turn direction in seconds, so I am very careful but I also have in mind that if I don't risk I cant get a reward, so I am trying to balance it as good as I can. I am still in a phase where I am learning new things every day and this forum one good way to learn things about Trading for example. But as we said in this thread, if you a complete newbie you should be careful on what tips you choose to follow here.  :)

The coins I been trading with lately is Bonk, SolTradingBot, Cope Token, Guacamole & DOBI (released yesterday) and many more.  8)

---

Nice. This is a very good strategy that should be normal for everyone, but many forgot about it. To not make the same mistake twice. You remember what Einstein said?
"A person who never made a mistake never tried anything new." & "The definition of insanity is doing the same thing over and over and expecting different results." So what you doing is very very wise. 💪

For you it isn't hard because maybe you are a smart person? The number of smart people might be lower than the less intelligent ones, this is why many are saying that trading is hard. But Once you grasp things, making money / more money through it should now be possible. Only those who are struggling to make money / more money, are the traders who have no or only have less knowledge in their brain.

So, it sounds impossible if you reach 3 years in trading with that poor performance you are describing. Tell us the truth. Do you treat it like a gambling, in a way that you ignore the losses because you still have a fun and thrilling experience?

I have a knowledge in trading and experience in it that's why I can say that I can confidently make trades but it doesn't mean that I'm earning much. I can earn much more on other things like in my job that's why I don't do trades so often, I'm only doing trades when there's an opportunity like having a massive fundamentals update or buying and selling on the prices that I know I can get a profit.

I sometimes comment on trading threads because I can relate and can contribute relevant knowledge and ideas but it doesn't mean that I can perfectly execute it if I was tasked to do.

Plenty people here are trading, it's not really a shocker to learn that people who spend their time at bitcointalk would spend time trading for real as well. I get that there could be "some" people who do not spend their time trading, there are some people who just talk about it but not trade for real and yes those people do exists. But that doesn't mean that it's "all" the people who talk about trading, because most of them do really trade and some of them trade a lot like daily and constantly such as a professional and some of them trade very few compared to those people like me.

In the end, trading is not that hard and you can have a long term investment for most of the bear period to accumulate as much as you can and restart trading during the bull period to make as most of your money as you possibly could, that's a good idea as well. In the end it's all their own decision they can do whatever they want and they are free to stop trading and keep talking.

Trading is not that hard as people think, the only thing which matter is the person discipline in trading, if the person losses his temper in trading and he suddenly invested there in even those coins which he didn't like ever and he invest due to his temper. Then definitively he will make loss.

This way also one should look for the way he trades, the way also matters. Because we have been in a right way then it would give us profit but if there comes a wrong decision then it would be harsh for us to bear profit.

I don't want to judge, but I think not all here who are replying to a post or creating a post are actually trading. I mean, let's not be hypocrites here; we all know some just do their posts to comply with their signature campaigns, so I'm sure not everyone here is a trader, but we appreciate the insights and knowledge they share if there is. As we know, this forum is strict with the contents of the users, so we can't just say anything that is not useful or makes any sense. The reason I'm confident that that user is a trader is that if he gives very informative points about a topic in trading, sometimes they give sources that support their statement. I'm a trader, but lowkey, meaning I'm still learning in this field, and my years of experience as a trader are not enough for me to flex my portfolio, but I'm still confident that I'll earn in this field.

You have observed it totally right. At least I think some users here think because they rank up in this forum and they been holding Bitcoin in a wallet for a long time they think they are expert traders. and that believe is dangerous because they think they have the knowledge to teach others something they actually don't and it can only end up in one thing, disappointment.

Learning trading is not difficult, everyone can trade, but most people fail to make money by trading. Many experienced people come to this trading with the intention of profiting but not always profiting but most of the time facing losses. There are many types of schemes in trading to make money, otherwise it is always risky to spend time in them. Trading is easy to learn but profit is not so easy, to get profit you need to know the strategies of different markets. But I believe trading is the most risky, less desire for profit that's why smart people plan to invest instead of trading.

Do you mean are there any active traders here? Because I think most of the people here trade quite often. Even for those who only fulfill their obligations to post to get paid btc. but in the end I believe they definitely traded him. Or maybe some of them actually collect every btc they get to add to their accumulated bitcoin investment in the long term. So there are two types of traders in this case. Active traders (Traders that include day traders) because they are very active in trading every day. And there are also traders who are not very active but they are still traders. Like traders with the Swing method.

And for every crypto trader, no one can truly avoid losses. Even a pro trader. It's just that we have to gain more benefits than losses. I personally am not a day trader. But I am quite active in hunting for altcoins that have strong fundamentals or strong fundamental news. Following a narrative in trading is currently a trend. And yes, that is certainly known by most traders today. How do we analyze a move in trading by looking at the Narrative itself in the market.
There are many types of traders in crypto. And yes each other's skills are definitely not the same. And to be honest, I learned a lot about technical, fundamental and even sentimental analysis from this forum. especially from local board. I got a lot of terms that I learned from this forum which made me better than before.

Always stand firm to belong to a specific thread and not been everywhere. It's preferable if you can relate well and connect with other trading minds on the site, as this will help you become a better updated version of yourself. There is no time to spend when one is in the system; we are ready to begin gathering every piece of information that comes our way and ensuring we meet the specifications that are necessary. Obtaining the appropriate expertise and data about a project might inspire one to go above the expectations of others.

Trading is never been that not that easy to learn yet it would really be needing that ample time and effort for you to be able to have a good grasps into it and we know that not all people would really be just that the same when it comes to risks tolerance on how fast or slow they would really be able to learn up trading. Some might be fast but most people would really be that on slow pace on which i dont really see any issues at all as long you are wary about the risks involved then it would really be just that fine. There are reallly just that those individuals who are really loving on rushing things up and in result they are really that subject to failure and committing out those errors but well it is really just that normal on having errors and this is why we do really our very best on trying out to minimize it overtime.

Everything would really be just that depending whether you would really be doing trading or not and on the thing that OP is really that speking into about is there people who do actually trade?
Yes, of course because even with that simple single order involves buy and sell would already be considered to be trading.  :) 

I asked if it was any active traders here. Be part of a signature campaign and receive Bitcoin every Sunday and hold it is not trading.  ;)
I ask because I see many users giving Trading tips.. but the tips they give is nonsense and it's only mean to give advice in a subject you are clueless in.

Glad you hear you Trading It's a good hobby I hope you didn't miss the Bonk hype.
Have a nice weekend mate.  8)

You're right in principle, you have to be very careful which tips you listen to. Many people post here simply to be able to join in the discussion (and to fulfill the weekly posting quota). I also take the liberty of correcting such posters from time to time, as I find it rather questionable when tips are given here that could (or will) lead to other people losing their money. For example, there are often discussions here about stop losses and how to use them correctly, with some very hair-raising tips including "Stop losses are useless because you lose money".

But there are definitely also many posters here who trade. You can see that from the way they discuss and the statements they make. Of course, it is very difficult to judge how successful these people are.

It's certainly a huge mistake if you are giving tips and suggestions when you're not actually a real trader. But somehow, I believe that if you are a real and good trader, you would not easily believe on what other people's say or do, because in trading there's no one you can trust but only yourself. So even if other traders seem to influence you, you will remain unbothered because you already know that what works for them might not be working for you.

I have made significant trading and investing experiences but as for now, I prefer to focus more on long term hodling because of the nature of my own job, aside that it's also less risky and less stress.

Actually trading is not always about with how smart with your technical or chart understanding but more dominance with how luck you are when trading, its not important with how smart and details speculation, research and analyze with some coins want to buy and which ideal price have to entry but depend with your luck. If you have a lot experienced with trading will be easily understood about technical and researching with around price have to invest is not important when whales come and make price suddenly up and easily with drop drastically. I have long with trading but I don't see any most experience trader have consistency always earn profit because many time their prediction wrong due whales make bad or good news and price up or down in short time.

I think trading is simple when you have much money spending for investing with difference kinds price, use 30% your fund for investing in current price of coins and left your capital invest with lower price drop around 10% to 20% regarding with first your entry.

If you are just holding Bitcoin you can't be called a trader because you are just buying once in a long time. A trader always do a trade, it might daily, weekly or monthly. To determine a good trader he must be profitable, because you can't be it if you were not a disciplined person, didn't have patience, and don't a trading strategy that really works because of journaling and backtesting. If you buy Bitcoin and just hold it, the better word to call you is an investor.

I know many of us does not still know that action speak louder than voice. There are many people that will keep claiming that they are traders when they might not have trade before. This is a faceless forum and we need to understand that many people come here to calm what they are not. We don't need to take all advise from here, we need to think too and scrap many opinion because they don't really works for us.

I use only 10% of my investments for trading, the other 90% goes directly into long term investments which are mainly just the big three, bitcoin ethereum and bnb. That doesn't mean I will not trade, I do trade with a smaller amount of money and I do trade whatever I want, sometimes a lot in a short span like day trader and make bunch of trades in a single day, sometimes it is not all that much and I wait until I can see a time when it's smarter to trade.

This isn't some secret to happiness type of thing, it is literally trading and it is as simple as it can get. What you do is, if you think something will go up, you buy it and if you think something won't go up anymore you sell it, that is literally all trading is about. And the results are, either you are right and you make a profit, or you are wrong and you lose some money and stop all together. I think people should be careful about what they do because if you complicate it even more then you are doing something wrong.

You're correct, many individual can trade but how many can trade profitably. We have many individual trading but they're not successful as they don't have discipline and follow trading guidance. Many individual are just trading without making use of the trading charts to understand the market as they think trading is gambling. Many individuals talking about trading on the forum aren't really trading but have ideas on how they feel trading should be done.

Trading is very easy but making profits isn't. Many individuals just give the advice to buy low and sell high but can't do that when they trade as it's not as easy as it is said. A lot of things goes through the mind of traders when they're trading and it make them to take decisions that might or won't give them positive results. Knowing how to trade isn't an easy task, you might think you have mastered trading but the market can still disgrace you anytime.

Management in trading is very important, when you have a lot of funds you should only use a few percent and the rest for reserves. using 30% of all funds is a good way to go, and investments should also be made in coins that have a good reputation. and the most recommended for the long term is Bitcoin. and if there is a decline, of course make a buyback with the reserves that have been provided. Trading is simple, but to be able to make a profit you have to know how to manage everything, technical and fundamental analysis is important.

its more about getting good position and just wait it out, if we are lucky we might get double the initial traded capital, many people are usually just cut loss in trading but if its short time frame usually with most of altcoin, we can just easily wait it out usually the price might recover back even though there are some altcoin that might suddenly dumps more than 50% thats where we might try to cut lose I guess since its beyond saving already but here's the thing, with trading thats true that when whales come into play the market will become abstract, there's no such thing as TA anymore since the market are gonna be moving on the direction determined by the whales anyway therefore we need to go with the flow, just make an investment while price is still too low and just wait few days until the price goes up, and the best opportunity to buy is when there has been correction because many time the price will recover once people realizes there's strong resistance at the bottom and then you can be profitting off it. thats my strategy that worked so far.

I don't know about others, but I myself have tried trading for several years and gained quite a bit of experience. I learned a lot of things during this experience, and I had many bad and good experiences that could be useful lessons for others.

At the moment I am stopping trading and following the long-term Bitcoin hold strategy instead of day trading because I discovered that this is the best thing after having a lot of losses recently.

There is a difference between trader and investor as trader will take quick decision and will buy and sell crypto coin immediately whereas in investment people often hold coins as longer as they can and achieve good sum from it by selling during Bull season. One who sell and buy asset on daily basis and on the other hand if someone buy a coin and sell it after years then first person is termed as trader while second one is investor.

I think if someone cannot make difference between these two are unfamiliar with crypto market and has no idea about forward step therefore first step is to learn about trading and investment. Trading is more risky than investment therefore it is suggested that don't loss your money if you are newbies but buy a coin and hold it longer.

OP, I want to assure you that at a time, everyone here had tried their hands in trading. I mean everyone must have tried trading and failed at a particular point. Some have given up while others are still trying their best to make profits. Trading is the first thing that anyone who knows about cryptocurrency will like to try. It is believed to be one of the easiest and coolest ways to make money in the cryptocurrency industry. It is when they have involved in trading that they will meet the reality. Trading is not difficult, anyone can do it, but being on a profit radar on the long run is where the problem lies.

I can also confirm to you that those institutions or individuals teaching trading makes more money teaching trading than they make trading. At a point in time everyone, including the newbies will understand that trading is not really for everyone. Not everyone can withstand the tension and emotions involved in trading and that is why many people have given up on trading but have now resorted to giving trading advices.

A new fun meme token you can earn some fast money on. https://www.coingecko.com/sv/coins/yotoshi buy fast, sell faster. I am already on good profit. Going up very fast now, will prob turn around soon. Be aware.

The funny thing here is that when the meme token is probably going to turn downwards so quickly, why are you telling everyone here to buy it? In fact, if you tell this earlier or before you make a profit, maybe some people here will consider buying it. Especially if the nature of memes is not for the long term as you have said, where everyone has to buy quickly and sell quickly too. So in my opinion it is a very risky thing if there is a possibility that it will turn around quickly after being bought from now.

Yeah meme coins is buy fast and sell faster almost always, I am on quite good profit with them and I buy fast and sell faster almost always.
And where did I tell everyone to buy it? "Buy fast, sell faster" doesn't mean "Buy it everyone come on!" it means more like "Be aware" like I also said after. I also saying it will turn around like it did.
Enjoy your holidays and have a great 2024.  :-*

EDIT: Check this one out, a very funny one: https://www.geckoterminal.com/solana/pools/9th2fcWyB8HJbUSCZTZgtrPzv83bRtn8DUKYqAfHbDLA - PS: Don't buy it. 😂

Nope , actually only few of posters are trader instead we can call them HODLER  because many of us has no skills and knowledge in daytrading nor scalping so how could be possible that we will engage on that, better to stay safe and there is where Holding comes and yes even me has this containing diversified portfolios.

Yep.

https://www.youtube.com/watch?v=ROQNfVc4BYI&t=5745s
Everyone should watch this from 14:25 when he speaks and learn from it.
Great documentary BTW. Project Iceman. The movie is for free now for everyone to see on YouTube. :)

I believe that we are going to end up with something that should be considered a little different, it has to be something that needs to be something special. I know that it is not going to end up with a bigger deal, it has to be something that has a bigger chance of making profit, and that's not always that easy.

I think the sad thing is that those places are teaching BECAUSE they make more money teaching than trading, if they were making profit by trading, like if the things they teach actually worked, then they would not be teaching and they would be trading. Same with bots as well, it's funny that people sell trading bots, if it works so well, trade and make profit, selling is not going to make you richer than a working bot, it's always terrible bots that doesn't make you profit that gets sold.

If we think that trading will always make us profit, then we are wrong because no matter how professional a trader is, he will go through losses at some point. But there is a substantial difference between a common trader and a professional trader. When it comes to trading, a professional trader never thinks the way an ordinary trader thinks. A common trader gets frustrated when they lose some money at the beginning of trading but never happens to a professional trader who is patient enough and waits for the market to recover. An experienced trader waits because he knows that the market may return to a good position because he understands the market and then trades.

yes I am a trader. It's just that the end of this year might be a difficult time because the market usually moves downwards. but I would far suggest buying bitcoin or a long term investment 3 months later to see the price again it will definitely be good. Usually the trend at the beginning of the year or the beginning of the season is always positive, therefore this is my strategy for investing this year. Don't think too hard about the rest, enjoy the end of year holidays with your family.

I was sure that many members here have tried trading but had quit after suffering losses and when they knew they couldn't make it.
Some of them are now become investors just like me. With my trading experience, I could say that trading is a tough job, it was stressful, especially during bear season. And aside from that it needs more time to spend on the market to analyze the price movement which is why if we don't focus on doing this, we'd rather choose to leave and shift to investing. We don't need to force ourselves if we feel doubts nor do we have to push through if we think we're incapable enough to perform this job because, in the end, we are just the ones to suffer losses and regrets.

I have to say, with my limited exposure to the trading world, I may not be using a big capital, my amount could be small compared to most, but I still have way too much stress trying to do anything. It's really a tough job, and it's really not as easy as people think it is. And that is one of the biggest problems, people see great traders making a lot of money, and they think it Is just as easy as that, and they do end up with some trouble.

I feel like the best thing we could do at this moment is to take a breather and just invest, because if we try to trade then the results could be very volatile. It will be the bull season that will be coming up, and plenty of people will make some profit, which will make them think they are great, and they will keep doing, and lose it all when bear starts.

Huh? But I think trading has no boundaries. Downward or upward, traders will always have ways to make a trade and profit. They can also use different cryptos and I'm sure that there will be cryptos who moves differently from the crowd. Even a downward movement is not bad because we can buy the coin cheaply but we should only be sure that it's a good coin, as it can also recover. Investing is definitely different from trading.

Maybe this is what you really are doing? 3 months is I think not what you call a long term, but it must be 2 years or more. BTC still works even for the short term. We should only choose if which we are comfortable with.

Just to know OP that many members here had left trading due to the unbearable market condition and failed their goal but their experience remains on their minds. They are probably afraid to share their stories because they feel like a loser in this field.
In fact, until now I can still remember my first trade, not to mention how much I earn but it is just a small amount as my capital is also small (minimum).
Based on my experience, I could say that there is a good and bad time in trading as the market condition will really affect it. That is why I do trade during the bull season as the prices are moving high and become a holder during the bear season due to dropping prices. We need to practically go along with the market conditions to avoid big losses.

Op, If it's easy, then what makes it difficult to make money?, or should we say learning is easy but difficult to understand.

It is easier said than in practice, and Its evidence that trading isn't easy is that 95% of traders lose money in the market, What do that 5% that profit learn differently from the 95%? if it is something very easy to learn as you have said, then we would have had majority making money from the market, so since the percentage of people is losing money, in this aspect I think it's not wrong to say it hard.

I feel like actual trading is done a lot less than that talk of a trade. You can't just keep on trading daily constantly, some people do but not every single person. I feel like we should consider this situation to be a bit different, and maybe we could just consider it like talking is free and you get to do whatever you want with it. I understand that it may not look like there is a big deal with talking but sometimes that hurts as well and we should be considering that as the biggest deal. I understand its not that easy, and we need to just keep it going with the actual trading, but as long as one has the potential to lose money and the other is free to do, people will definitely keep on talking way more than they actually trade.

That is not really a bad idea to be fair, I mean when you can make so much money from investing long term, trading doesn't really look that appealing to many people. I am not saying that nobody should trade, but at the same time it just doesn't feel like such a big deal neither.

I think that the best thing we could do right now would be making sure that we are dealing with something that should bring in as much money as possible. I hope that people could see that as a good idea, and we could make the most out of what we are dealing with. If trading is not making you enough income, then why even think about it?

Why risk your money trading and potentially make a loss, when you could just hold long term and make profit that way. I personally have done lesser and lesser trading in the last three years, and mainly just accumulate and get as much bitcoin as possible to hold long term, and I mean like maybe a decade if I can, that way I know I will make some profit.

Really matters on your preference since not all would really be that profitable or would really be able to survive on doing active trading on which means that they would rather be choosing on holding or making investment on which it isnt really that a bad choice either.Not all would really be doing trading would become successful and this isnt something a skill that could really be learnt in a short period of time on which means that you would really be needing to put some efforts for some time and do make some use of capital for you to at least know even with those basic principles on which it would be helpful towards your trading career.
Speaking about if people are really that indeed trading then they wont really be boasting it out publicly. If you do see that it is really that a bit quiet then you do really know that not all would really be
showing up on the things that they are dealing with.

Its not necessary on boasting yourself as a trader because you dont know on who are the ones who do make actual trades and who are the ones who are really just simply holding.
So it would be better that you should really be mindful about your own actions rather than hassling or making yourself that too mindful about others actions.

In my case I have never done intraday trading, but that is not the only type of trading. I have done medium term trading, buying to sell after weeks or months, and I was lucky with it. But in the end the simplest and least risky thing to do is to buy premium assets and invest for the long term. It is a very safe way to earn wealth without complication.

Being a good trader has nothing to do with how long they have been on this forum or how long they have held Bitcoin in their wallet. Because being a good trader is based on his experience in the market and how good his trading performance is on the account he has.
If you ask me, have I become a good trader, I can't answer that I am a good trader because it is quite difficult to achieve that, but I am also not a bad trader, because the few times I trade I can get a profit from it, It's just that I don't really focus on it so I just do it as a side thing, but I understand about trading.

Those who can do trading can write about trading, if you don't trade you can't say anything about trading. More or less everyone who works with Bitcoin is experienced in trading. I worked on the signature campaign on the bitcoin forum and earned from there along with earning some from the out site all in all I took some dollars to the trading platform. Currently I am involved in trading but I am not much of a market analyst although I am not a good market analyst but still I am constantly profiting from the trading platform. That's why I am saying here that people who don't have trading knowledge can't give a good idea about trading and those who have minimal knowledge about trading have gained knowledge by trading.

Holding bitcoin is not the same thing as bitcoin trading; there’s a clear difference between both. Short-term bitcoin trading means that you will just put in some amount of bitcoin that you can afford to lose and continue managing the market when the price goes up and you, the trader, see that it will help you generate some profit. You sell.

Bitcoin holding is a very long-term investment that investors do after investing until the price of bitcoin goes up, then sell what they have invested. This is not the same thing as bitcoin trading, as you can see.


Serious people hype trading in negative terms, which in reality is not how it is. Many people keep on saying trading is hard, although nothing good is achieved in an easy way, but the way people are saying about trading is that it is hard, which is not how it is. The only thing in trading is how to generate profit, and I think that is what makes people say it is hard. Many people say that when doing business, the only thing they want us to do is make more money, and when the business doesn’t go the way they want, they will say it is hard. So OP understands that people are saying trading is hard, not because of the knowledge to trade but because of the difficulty of making a profit from trading. That is what makes them say that it is hard.

Trading is easy but getting the expected profit from trading is difficult.  There are many people who are trading at loss but have a very good understanding of trading.  Trading is very much dependent on skill so trading will be easy for them who have proper knowledge of trading. By applying the right intelligence in the right place, you can become a good trader.  There are many who have been trading for years but their profits are very limited and losses are high.  And because of this they are very frustrated. It is really sad that even after you are good at something, you are not getting the benefit you deserve.  But I would say that one should not measure the extent of trading knowledge by the amount of trading profit loss calculation.

I'm a real trader, it's just that I don't want to show off my portfolio. I think it just adds to my greed if I show off and then someone shows off more assets I just want to be better than that. Even though we know that crypto itself is where we have to invest with a full strategy to generate consistent profits, we don't want to get rich quickly here. If I look at it, it's very easy to talk about trading, but if it's put into practice it's not like it's said, this is why many people claim they can trade but when they try it they can't.

As far as I know many traders think that trading is easy and greed works in them thinking that they will get quick profit but if they are not skilled in trading they do not understand that it is difficult to get profit. It is very important to learn market analysis and trading methods. But after placing the trade if the market goes a little negative I think that it is not right to trade from here. And then close that trade or profit trade with a small profit. The market will be up and down. This is the principle of market trading besides being efficient you have to monitor money management.

I don't need to show if your portfolio because op think there are few that are not trader and always talking and advising people on how to trade. Yes this happens always because we all know that there are people that knows how to advise even when they don't or have never traded in the market before. We need to be prepared and give opinion on what we know and nit writing about things we don't even have a concrete understanding about. The truth will be open soon and many that claims and are not would be exposed.

That's right, speaking is easy because we can take it from other people's experiences, reference books and even Google. However, if faced with the market and some $$ capital, we would be completely different. Mentally and emotionally will weigh heavily on your steps. What is in the market and what we know will be very different and maybe if we take a trade, instead of making a profit, we will actually lose.

Isn't that when you face a market situation, that's also part of learning? All beginners initially feel a burden and are afraid of losing. but that's trading, where there are risks that must be taken and if you want to learn, then understand the risks too. So when you become more familiar with market conditions, you will not be too stressed by trading.
The more you hone your skills, the more confident you will feel in your analysis. regardless of whether the trading result is a profit or a loss. If you follow your plan, there may be a new lesson learned from every trade you make.

It's true, when we give up on the first try then it is a failure. However, if we can take lessons, continue to learn and improvise then that is the beginning of success. The point is self-control of emotions. Indeed, this sounds easy when said, but it will be very difficult to apply in real trading regarding discipline and our trading strategy path.

With YouTube videos and a dedicated 3hours per day watching them, anyone can easily pick up on trading. Anyone can at that point contribute to discussions on trading and that is what we see that goes on here in the trading board. Just like the Pareto principle or any other of those principles only 20% of traders my actually be making money with real trading and not from the side hustles attached to trading. 80% of people who talk about trading here have the knowledge but don't make any money. Only 20% here make money from trading and it isn't often.

Yes, trading is hard for those who don't like putting in the works but have high dream of hitting it big. These ones with this type of mindset will always fail in trading as greed will  do them in. Those who enmesh themselves in acquiring the set skills for trading won't find it difficult. Trading and hodling have a thin wall apart. We can safely say that hodling is trading on a long term because at some point that person hodling will sell off to take profit.

I'm a trader, and a profitable one too.

That's why I don't really talk about trading because I am done with it. I do some of it a bit when I think that I'll get some profits but usually, I'm just holding.

It's lesser effort and more profitable to me and this is what actually works for me. Whilst it's common already that most traders aren't really profitable.

That's no debate as many of us arent' really profitable traders.

can't really do some learning and improvise if the market is so obscure in the first place, its market full of speculation I think only those that got the balls to just trade and always buys at low are the one that gonna be proffiting meanwhile the rest are getting fomo'd and lose money eventually.
thats i think just how trading works for many years right now, even TA isn't that much of a help either sometime its just good head off but the market could definitely have high chance of going astray from what supposed to be from the technical analysis.
I personally still consider trading to be heavily dependant on speculation, i do trade daily and still have no idea how the market behave i just go with the flow.
other than that, consider investing if somehow our capital that we use for trading are getting massive dump because choosing wrong coin.

Good and a honest answer and you also saying good things. Effort is less and most important you do what works for you. That is what I want to learn the people in the world, don't follow other paths.
If you haven't find it yet, then you don't know who you are. You said good, simple and easy with a short good message.

👍💯

Some people have been holding bitcoin for a long time, and that doesn’t make them professional traders, some of them just know the basics of trading, some people prefer holding bitcoin to trading, some see trading as a risky activity, they don’t even have the time to waste on analysis before entering a trade, and some don’t have time to start learning how to trade. So you should know that not all holders are traders.

I won’t say trading is so hard, and I won’t also say trading is easy, but we all know that trading is more difficult than holding, and trading is more risky than holding. If you are holding bitcoin, make sure you get an appropriate wallet to use, and make sure you learn about private key, how to back up your private key, and how to properly store your private key so that you won’t lose access to it or someone else won’t have access to it. I think those are the basic things you should know.

No campaign is asking anyone to talk about how difficult trading is, everybody are talking from there own personal experience, don’t think because most people are in gambling signature campaigns, so they are discouraging trading so that people will gamble.

Rank on the forum doesn’t determine if you are a professional trader or not, some people might be a good trader, and they won’t be active on the forum here, and some good traders don’t even know about the forum.

Yes, we're in a very high volatile market and do what you can do and what works for you. A strategy can work for everybody but not for me and vice versa.

Thanks for appreciating that because that's the reality.

Strategies that works for each of us will eventually be suggested by the others who have tested and successfully done it. But it's not like we hear the same stories everyday.

Trades actually don't have to be done every minute, hour or even every day. A lot of manipulation occurs in the market and this causes prices to go up and down/volatile, even though within a certain period of time the trend is still going according to plan. Better to wait for the right moment. Therefore, most people who make profits from trading have less interaction in the market. For example, holders will reap more profits than people who trade frequently. But there are some pro traders who are able to make big profits too.

We do know that there would be types of traders.

1 Short/Daytraders
2. Scalpers
3. Swing traders

It would really be just that depending on you on how you would really be gonna handling yourself when it comes to trading. Speaking about knowing if someone do make
trades then its none of our business if they would really be boasting about on being a trader or would really be just that simply be that quiet on the things
that they are dealing with. Its not really that always that good on telling everything on what you do and what you are involving with. There are really just those
people who cant really be able to make some issues and make some questions about on someones trading career or engagement.

I havent been really active on this board for a while now, and coming here and seeing this thread for the very first time, I did say that op is correct and I completely agree with everything he said.

To me, trading is not really hard to learn, and neither is it hard to make money from, I will be truthful here, and when I said I will be truthful, what I want to say is that, its been several years since last I seriously engaged in trading like a professional, in the times I traded, one thing i experienced is that, it's time consuming, yeah, to be profitable in trading, you have to spend alot of time on it doing different stuffs, like reading, analyzing, comparing, and sometimes, just watching and waiting for a good entry point and so on.

But then, speaking of making profit in trading, I would say it's easy to make profit from trading if you indeed, know what you are doing, much more easier than it is to win money from gambling.

No matter how much time someone may have spend in the forum without learning about trading, you won't become a good trader. Just holding Bitcoin for a long time won't make you a professional trader either. To be successful, trading requires good knowledge and skills. Simply discussing it in a forum isn't enough; you need extra learning outside the forum to become a good trader. It's like learning to ride a bike just talking about it won't make you a skilled cyclist; you have to practice and understand the techniques. So, spending time wisely to learn and practice is essential for becoming a successful trader.


Trading is hard, and at the same time, it is not hard. It is hard for some people, but at the same time, some people find it that easy, but the percentage of people complaining about trading hard is higher than that of those who feel it is not hard. Many people have lost money in trading, which is why they are complaining, and you have been seeing many threads about how trading is hard. If someone doesn't have good knowledge about trading, they will find it difficult to be successful in trading, and what makes trading hard is the time they spend acquiring the knowledge, especially doing technical analysis when someone wants to setup their trading. So the stress in it has made it so hard compared to a bitcoin investment that someone just needs to have basic knowledge, find a proper wallet to store Bitcoin for proper securities, and wait until the best time to sell.
 

Members are expressing their opinions based on their experiences, not because they are whining about how difficult trading is in order to fulfill their signature campaign need, in my opinion. Going against trade has nothing to do with signatures.a lot of signature campaigns on the forum are gambling signature campaign, and interestingly, the people involved in the signature campaigns are usually criticizing how dangerous gambling and they are also saying people to say way from it.

Yes, it is not by ranks that we can judge who is knowledgeable about trading here in forum, rank is just how someone has been contributing valuable things to the forum, because that is how someone can get merit in the forum and able to rank up the account. and there are many sections in the forum to contribute to, so someone who just joined the forum and their account is showing newbies or is not contributing to the forum doesn't mean they don't have more knowledge than higher-ranking members in some sections.

That part of "some may work for some, and not work for others" part is the most important part that many people are missing. Let's assume that there is a strategy called X, that doesn't mean that it will make money for everyone, I can use the strategy X and make a lot of money and meanwhile you can use the same and make nothing. This is why it's quite important to realize that you are going to end up with not a single solution to any of this, that's not how any of this works.

You need to figure out what works for you, test stuff and see the results and keep testing until you find what works for you on the long run. I believe that we are going to end up with something that would be a lot more important on the long run without a doubt.

My trading is my own trading. Your trading is your own trading. I or anyone else should not interfere in other people's trading matters. Your argument regarding this is correct. In fact, no one can dictate our trading, because whether we make a profit or not is a personal matter for each of us, we ourselves are responsible for this. Even if I just keep quiet or trade, we shouldn't tell other people, this is a form of responsibility in itself. I sometimes wonder about people who always tell other people about their trading and even provide screenshots, is there any motivation here?

That's actually the scenario.

If it works for the others, might work for some and be profitable but definitely not going to work for everybody. The market is tough but profitable when you're able to do what's necessary and you know have understood the foundations of it.

But there are things that can't be decided even if how hard you're trying to do it.

That is actually true, the technique you have found may not totally work on others.
This is why we are in continuous pursuit of our own tactics that we will be comfortable of.
As we have a very volatile market, one should always keep in touch with what is actually happening in the market.

I didn't sell bitcoin in the last few years - but just accumulated them. I don't trade - but just buy and collect more. Anyone who buys and sells them is a trader - this activity can be done by anyone as long as you have the budget for it. Forum rank does not determine whether you are an expert - but you can easily become famous with some good analysis of trading.

I also understand what the OP is trying to say - many people say they are traders but they don't trade. They also say they accumulate - but they don't actually do it. We don't need any proof of that - the discussion continues and lies are never profitable.

Op from look of things before you create this thread you know the person you are talking about which is not a real trader but posting in the trading board section, well that should not make you angry because the person can read trading books and used it to make comments very well and also used demo account to trade and can use it to make comments. And if the person comments are in line with the topic then there is no problem for that. If you are losing and do not making any profit from your trading then you are not good in trading therefore you have to learn more. And I must tell you Op, learning how to trade is hard and if it is not hard you would have used it to make money easily but it is hard and that is why you can't use it to make money.

Not everyone that trade makes money.

I did try trading, and like what the first poster said, learning trading isn't hard, but making money in trading is the hard part.

When I was trying to learn trading, I still remember the feeling when you watch a Youtube video, they share some tips, and tricks that can help me as a newbie trader. The feeling when they're sharing their own strategy, the indicators that they're using, and of course the profits that they're making. I felt the excitement and said to myself "I'll just copy what he says, and I will get profit as well."

Well, I did try. I copied those strategies, and made some profits at first, but over time, emotion is getting me. The feeling of me getting more greedy as I want more profit since I know that I'm winning already. That's the reason why I always lose in trading. Greedy is always getting me. I get profits in my first 10 trades, then all of that profits plus my initial capital will go *poof* in an instant just because of a wrong entry in futures trading.

Whenever I talk about trading here, I only share my own experience. Currently, I stopped trading, and I don't want to trade anymore but at least I can share some of my experiences here. :)

You can learn and trade many years but without net profit. It is not something surprising because most of traders lose money and very few traders get profit.

In short term, most of traders can see profit even bad traders because if they trade in an upward trend, they will easily see profit. But they fail to protect their profit then initial capital and lose money. It will be worse when they trade in a bear market when they possibly lose money at faster rate.

Thank you for sharing it. I believe most of us experienced similar things in trading.

Awesome crypto trading (https://github.com/SpiralDevelopment/Awesome-Crypto-Trading) for any newbie, traders want to learn.

I often try to post in many trading threads to try and warn people off it.

Trading is the easiest thing to do. Losing money in trading is even easier. But the way people post plus the way trading is sold to them, it just makes people blind to the fact that traders lose money. That's the plain hard truth.

I feel like this is one of the most irresponsible places in the forum :P As veterans we should try bring that awareness and tackle all the bad quality content here.

It's possible that majority of people here are not a regular trader but you should also know that you don't have to be a trader before you give advice on trading. It's important to know that everything you see here as regarding trading is people opinion and that's why you are supposed to do your own research concerning anything on trading and investment entirely. By the way, most post here advise people to stay away from trading because it's too risky and a waste of time.


I really don't want to subscribe to this idea that trading is not hard but making money in trading is hard. What's the essence of learning something and you can not make money from it? It's that feature that makes it hard in my opinion. The reason you are learning trading is to make some money and if you can not, then it's hard for you to learn. Moreover, I think the argument on trading has always been centered on difficult it can be to make profits and not how easily we can learn it. Learning trading basics is not even due for argument since you understand them by reading books and other materials on trading.


Of course, you can share your previous experiences and it might be of help to people out there willing to trade. You don't have to be a frequent trader before you give your opinion since the experience gotten can not be lost.

Ever heard of "Speech is silver silence is gold"? And I don't talk about you know bro, your post was good and I agree with it. But if someone don't know about trading he/she should shut up instead of say it's waste of time.
Because earning money is never waste of time. Anyway. Your post was good and I agree with most of it and I hope you got my point. Cheers brother.

Crypto trading my view members here have done it, it also happened to me personally, even though I made good or bad trades, but it can make me better for myself and I feel the trading I have done and I feel the results.

I am very sure that some of the members here who carry out their trades are successful and enjoy the results of their trades, even though I don't fully know them, I am still sure there are members.

Talking about members who trade crypto, of course there are interesting things you can see in: Topic: [Interviews] with Bitcointalk members. (https://bitcointalk.org/index.php?topic=5262967.180), there is point number eight that you can see members answer about trading.
For example:

Hopefully this can be additional information for you about members who trade crypto here.

Everyone explains trading base on it's own way of understanding trading as well, but some people who doesn't know the rudiments of Trading or taught about trading when you see their comments you will know that it's totally different from someone who have experience of trading, so I believe that trading have to do with continuous practicing or exercise and Everyone will explains trading or discuss about it base on the way it understands trading.

Trading is buying and selling and every individual on the forum buys and sell cryptocurrency. Some buy and sell only Bitcoin therefore they don't know about other cryptocurrency but many individuals buy and sell all types of cryptocurrency and this is why they can talk about trading with more thoughts. It's not difficult to talk about trading but when you see the professional traders talking about trading you'll know the difference due to they're talking with experience.

Many individuals are talking about trading as it's easier to talk than to do. Many individual are saying we should sell at the top and buy at the bottom but they can't do it when it's time due to not having knowledge on how to read and interpret the charts. Talking how to trade is very easy but trading isn't as if you think the market is as gambling that you can guess and win all your trades, you'll lose all your capital.

I agree with you because that time we had missed this opportunity because at that time the bitcoin price was very low and we could have hold what it was. The short term  make a loss, some time the profit is available , but the loss is more, I think the idea of the long term, which is exactly the right of the thought.

It's better to invest in those coins which have fundamentaly strong like ETH BITCOIN

When it comes to missed opportunities then it would really be that something normal that people would really be missing out and able to hit up the spot basing into their own decisions along the way.
Its someones right if they would really be tending to keep quiet or remain silent about on the things that they are dealing with and not really that having the plans on letting people around
that they've been getting involved with it. Trading is a personal skill which you would really be able to obtain for a certain period of time and condition on which it would be totally basing up on how
well you do be able to adapt and learn up those skills on the time that you do make some dealing. Some could done it in short time but in most cases this would really be a long term haul.
What you do need on how you would really be able to sustain up.

Yes it is true that the first fact in terms of marketing that trading is more marketed on social media and affiliates for education and signal service providers or trading education for a fee is quite a lot, try to compare with this forum, which moves from community to community. That my principle of having a bitcointalk account does not have to have a trading education background, if anyone is new to the forum because of the lack of information and expertise in trading it is field experience that speaks. People who understand technically they analyze with data and facts, not that they never try at all but such forum contributors prefer to read statistically, techniques and scenarios throughout history.

The forum here is a medium for learning the basics, general lines and even experts and developers in crypto currencies, if compared to tahnik and trading styles (mature project coins ready to buy and sell) of course there is much more process during the creation period including how to store and identify all the tools needed. If the forum is filled with trading, there is a function of the forum that is forgotten because it is further and more complex over time including trading topics and coins that are ready to be traded in it. Although it is rare, there are many professional tarders who are not rank up but everyone can be in the observation thread. One's interest is not measured by bitcointalk forum rank because as you mentioned they prioritize getting to day trading faster, maybe.

It is true what @Oshosondy said: it is not difficult to study or learn trading; the only difficult thing is to apply what we learn in trading while we study it. Because in the implementation of what we learned, we argue about whether we really understood what we studied and learned here.

The performance of technical and fundamental analysis is where there is a conflict in understanding. If the technical and fundamentals are wrong, for sure, the traders will not be able to make a profit. But if it's right, we can make a profit here, for sure.

one indication of a beginner trader who talks a lot, and feels proud that he is a trader, so that only a few trades can get big profits, and imagines fun things in the future, but they forget that trading is not just once or twice, but how the way we can survive until later, and usually pro traders will be more silent, because they don't want their concentration to be disturbed when chatting with the market