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As a trader, you are to no the type of trader that you stand for! Most times people flunk to respond to this question.

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Well, op from the glance of things numerous people today in the trader’s world do not research themself before hopping into the trading world and, I guess this is very mistaken by the public.

As a prominent trader or investor, I guess the first thing to do, is to check your internal self-esteem, and also no your mind-fitness when trading, and your trader’s equilibrium, the most  important is “What type of investment are you good at” Most people think traders are also fortunate all the moment”
Come think of it is trading fortunate?

To me that is not correct Trading is all about your proficiency and apprehending and how you control your frights and tolerance, and I think your tough labor amounts to something a lot too.

There's no easy money in the world. All must come from hard work.
For me, as a trade, you need to surpass all the trials along the road because it's difficult to trade. All successful traders right now have a lot of experienced, ups and downs.

I don't quite understand your question. Do you want to know what kind of investors are here or do you want to know what kind of traders we are and what our "secrets of success" are?
For me, a trader is not an investor in the classic sense, as investments are usually only held for a very short time, sometimes only for seconds or minutes.

Traditional investors buy assets (real estate, gold, cryptos, ...) with the aim of increasing their money in the long term. But this has nothing to do with trading!

Of course, as a trader you must be independent. If only does copy trading, I think he is not a real trader. Without his own research, he will stray and get lost so much.

Traders must learn independently. Losing a few dollars along the way was his meal. He must survive in uncertain market conditions. He must have his own analysis, his own foundation so he knows what to do when facing difficult times. Until finally all his hard work paid off with his instincts and his expertise.

If trading is just a luck. This means there is no key to winning. No analysis method and no data at all. But trading is not a dead end, he has data that can be studied.

If you don't have the time to manage trading, go do long-term investments. Find assets you can invest in the long term even if it has a low return rate (but still profitable after at least a certain period of time) and do DCA. Simple. If you want to trade and you have the time to do so, learn to manage your risk appetite.

It's inevitable to lose money when trading. Blindly believing that being a good trader means you don't lose money means you're inevitably going to be afraid of every possible chance of being profitable, leaving it always as a loss instead. Don't be afraid, you're not an investor, you're a trader. Losing is an everyday thing.

You have to be a healthy and make sure that you are stay on touch with everything without any emotional distress and make sure you know what to do in every situation based on your style. Even though their speculation is wrong but the trading result could get carried by luck hence it's kinda unpredictable to see the result. Not all people have fortunate moments especially on trading, there are some cases that people losing continuously and it sucks.

Honestly, I struggle to understand your point but I'm still finding it difficult to know where exactly you are heading to but based on my little understanding, I guess you are talking about traders knowing exactly what they want. First of all, trading and investment are quite two different things but it seems you're mistaken them to be the same. To some extent, you are right because some traders have no vision or goals for trading but rather focus on the little profits that won't last long. Trading is far beyond that if you want to do it properly and make something out of it. Advisably, you should focus on investing for a long time in order to have peace of mind from unnecessary tensions.

Your post is actually complicating but I can still comprehend the points you are driving to.. for as investors well I think what they should do is to mind and study the type of investment they should do this includes knowing the future and features of assets they are about going into for them to make a successful investment.

From most of the features derived from the project is what would propelled an investor to either chose long term or short term investment, sighting example from bitcoin; bitcoin is a good asset to invest in long terms.

When we talks about trading, well we can't just call ourselves trader or a professional trader because everyone claims to be a professional trader when the market is always on bull. To know the real trader is when we are experiencing down time in the market where everyone seems to be losing all their assets.

Becoming a trader you need knowledge and to study some helpful material before funding your account more especially while funding is always good to fund the amount you can risk to lose otherwise funding with a higher amount could also affect your feelings if mistakenly sweep of your account.

For me, as a trade, you need to surpass all the trials along the road because it's difficult to trade. All successful traders right now have a lot of experience, ups and downs. Understanding the type of trader you are is crucial in the dynamic world of Trading Online (https://radiowesley.com/). Many overlook this aspect, often leading to inconsistent strategies and outcomes. However, recognizing whether you're a day trader, swing trader, or long-term investor can significantly refine your approach, allowing for more tailored decisions that align with your risk tolerance and market perspective. Embracing this self-awareness not only enhances your trading efficiency but also positions you for more calculated, confident moves in the online trading arena. It's a foundational step in mastering the art of trading, setting you apart from those who fail to grasp their trading identity.

I'm a trader and a holder. I choose to focus on this field of crypto currency only because it takes a lot of time and effort to do these things, especially in trading. You will need a lot of patience and commitment as trading is a very hard way to earn crypto currency, and while trading, I hold valuable and good cryptocurrency in order to maximise the potential profits. As a trader, I only have a few years of experience, and I can say I'm far from being a very good trader. I still burn my account sometimes, but I'm proud because I can earn sometimes and sometimes it's a jackpot. As an investor in crypto currency, especially bitcoin, I'm not stopping looking for good opportunities to earn as I have a lot of things to have and a future to be ready. Investment is no joke, so it's like a profession.

Time will make you better and tougher.

To any reason or description you think of trading is, what matters is that how you're learning on your own mistakes and the experience that you've gathered overtime is applicable to yourself.

With those experiences that you've got, that will make you a better person and means a trader if you have been rough times and you already know what you are up to. If you are for trading or investing.

Well its easier said than done. Why? Most users can say that trading is all about control and discipline but in reality we cant really applied as much as we think on what we can do to be able to profit on that. Well trading is more than just a basic computation and prediction that needs suitable knowledge. I know a degen that can earn without much pressure on trading.

its good to know the kind of trader we are, whether we fall under the long time traders or shorts time traders, we have to set a target on our investment pattern, this will help us have an adequate plan for the utilization of the benefits that may comes in what we do, but I've also seen some kind of traders that engage in doing all together as they can afford to being dynamic in their trading practice, there's this way we can go with trading that we have to remain calm and developed enough patience to help us achieve the best in it.

Trading is a very dynamic adventure that require high level of flexibility. The point I am making is that some trades might be entered as a long term trades but after re-evaluating the market conditions, one will see the need to exit the trade, it happens. I tend to like long term trading though because it makes me enter few trades and pay less fees. Besides, long term investment gives more profits and do not require so much technical knowledge. This does not mean it does not also have its week side. I think it is just personal preference.

I said trading is not a matter of just being lucky but qualified skills is actually not easy you have to go through many phases where in order to improve your own skills, losses or such then you will feel including thoughts that become your obstacle.

It's not easy if you have to be a trader, other people say it's easy but it's difficult in reality to make a profit above 20% let's say in the short term if even they are consistent then it can be said that they have gone through a lot of things so I think you have to understand that traders are not easy, I have tried a lot and never mastered it all.

Yes trading is not easy but also not too hard, depends upon person. Some traders could bear lost and always looking for volatile coin while other love to trade low risk tokens. every one will adopt different strategies but the most common is risk managing, emotion control and money management. If anyone able to control these three then I think crypto is so sample.

making money from traders is much more difficult than making money with work, because with work we will definitely get money for sure, if traders don't necessarily get profits they may suffer losses, just learning is not enough for traders, experience forces them to be in a better condition than Previously, I myself preferred discovery even though I didn't get the full benefit

I believe in the power of mindfulness and emotional intelligence when it comes to trading.

Right, trading is not just about luck. It's a skill that can be honed through proficiency, continuous learning, and disciplined effort. It's about navigating the markets with a strategic mindset and effectively managing emotions like fear and greed. It is not about instant riches or guaranteed success. It's a challenging endeavor that requires discipline, emotional control, and the ability to learn from mistakes.

Not always in a profitable position at all times in trading. Today or within 7 days of trading, people can get profits that make them feel like they are great traders. There are times when people experience losses that exceed the amount of profit they have experienced.
Because there are many types of trading, you want to focus on what trading you are going to do. Don't forget that in doing so, people have to work to be successful according to their level.

There is no free lunch. This sentence is to show that everything requires hard work. You wouldn't give money for free to someone else if there was nothing to give it to you.

trading is all about being cool headed in my opinion, knowing that if our trades somehow fail and fortunately enough we are trading spot, then we can just wait it out, becoming a sudden investors or some sort, and thats totally okay, since i've seen many coin going down so sharp and climbing up the next day there's always the next chance of bullrun if the coin have enough future potential.
with amateurish trader, at such juncture, they would instead panicking and the panic sell is the result of their hot headed decision making. also knowing to not trade when the situation with the coin doesn't seem to be right is also one thing, so many people are getting fomo'd because they can't comprehend the situation with the current circumstances of coin is in, i've seen plenty trying to trade at first second of coin listing and they instantly become exit liquidity for some people.

Those two words in the same sentence sound almost contradictory to me. But not entirely, because you can be an investor, usually long-term and after a thorough analysis of the asset you are buying, and at the same time have a part of your portfolio for shorter-term trading. In my case I am much more of the former than the latter, and the more time passes the more I realise that the best thing to do is not to touch investments.

Things like this should be the basis for traders, that we will not always benefit from trading, and we will not always feel the loss of experience. Hard work and always developing knowledge is one of the keys.
We will never be able to make a profit if we are not willing to learn everything related to this, we cannot always rely on luck. And as far as I know, there are no people who are successful because they just stand still, in everything, be it business, investment, trade and so on.
Experience will also be very helpful, so never underestimate experience, be it a bad experience of getting a loss, or a good experience.

That is true. But some traders just have no option anymore than to quit after several losses. Trading is not as easy as some people think it is. They will trade and lose more, continue to trade and continue to lose more. Most traders just quite while only few are the ones that are later making money. If someone is not greedy, they will be winning more than losing.

Did you meant that investment or holding is better? If you go for the right coins like bitcoin, ether, litecoin and some other good ones that are not shitcoins, yes holding is better than trading. Trading is just seen as a fast way of making money, but the most result is the fast way of losing money.

It is clear that we are talking about a situation that would help us on the long run, it is going to be helpful for everyone. It is going to be a situation where it would take a big load off people to know what is perfect for them. Just because some other person made some money with some other method, doesn't mean that you should do that neither, you should avoid that as much as you can, and just find your own method if you can. This would give you a good amount of chance to make some money.

If you keep focusing on what others do, then you will not find what you are good at but if you keep testing many stuff until you find what you like, that would be quite good for you because eventually you will find a way to make money.

I second what lakai01 has said, I too don't quite understand your question. But here is my answer regarding the type of investor I am. I started investing in 2020. Initially, I began investing in altcoins because I thought I had missed out on Bitcoin. However, when a rugpull occurred in one of those altcoins, I refocused my attention on Bitcoin. I began with the dollar-cost averaging strategy and invested monthly. During market dips, I doubled my investments. I don't put all of my energies into investing. That is the kind of investor I am. I still work hard on building my career and honing my skillset so that I can make more money to continue investing monthly, as I have always done.

I do not think it is necessary for every trader to be of a certain type. It is enough for him to do what suits him and choose the strategy that he deems appropriate to his personality.

Trading is not only related to technical expertise or the ability to analyze, but I see it is largely related to the trader’s personality, his style of dealing with the problems he encounters, his way of thinking, and also his emotions. All of these personal characteristics contribute greatly to building a trader, so the type of traders differs according to their personalities.

With time my interest is only limited to Bitcoin despite the fact there are many alt coins with attractive features and cheap prices. You have done right move of accumulating Bitcoin in DCA manner. Most of us don't have huge capital to invest in Bitcoin, for such people DCA is best strategy. Also those who are new to Bitcoin should not invest all money at one price. First one must understand the market and then decide how you will gather Bitcoin.
Between I am also an investor who follow DCA.   

Whether to limit yourself only to Bitcoin or not is an individual choice for everyone, with proper handling of altcoins, they will also bring good profits, and no less than Bitcoin, only in the case of altcoins, you should definitely remember that they need to be sold. Unlike Bitcoin, which can be hold for many years, doing the same with altcoins can be very dangerous. I would definitely not risk hold altcoins for several cycles.

you are wrong, because in my opinion understanding the market is very important for trading and investors, how will people be successful if they buy and sell carelessly maybe they will get bad results unless they are lucky, but if they use their understanding of the market has hopes of making a profit, because the analysis he carries out, even in the DCA technique, also requires application of when is the right time to buy

Bitcoin investment and betting na fall two various things Dey no com are-cross to each other’s self. Well, most people wey no to get prominent understanding of bitcoin go com turn thing up side down, just as u don talk the risk wey full gambling no be for here, while for bitcoin na just all about acquisition and  possibilities and much better knowledge, sorry to say ohh if opportunities come say make I choose betting over bitcoin, e go be like say war go Dey be that oh.

Well in the trading game, it's not just about luck. You've got to know yourself like your risk tolerance, how you handle stress and what kind of investments suit you. No one-size-fits-all here. Trading isn't a constant stroke of luck because it's more about being savvy and understanding the game. Wmotions of course can mess things up so keeping a grip on them is important. It's not a lottery because should work on skill and knowledge rather than just crossing your fingers

Some traders didn't research the market before hopping into? Then they are gamblers not traders because there's no way genuine cryptocurrency traders will want to trade in the market and ignore the fundamental characteristic of crypto trading which is doing some research about the market and the possible next trend it will showcase.

The topics you discussed are very common topics of discussion in trading and investing. Most of its related posts usually discuss this type of thing. As an investor or a Tedders he must be patient enough as well as have all the ability to take risks. We already know that if a trader or investor is not risk-taking, patient, as well as responsible, he cannot invest or trade properly and this is definitely necessary for an investor and a trader. Since we have a long experience of trading and investing, if we did not know these things beforehand, we might not have reached this stage by investing or trading. But yes there are some investors or some traders who don't understand their purpose they don't understand what they are trading for and what they are investing for. Those who are such investors or such traders must be aware of their investment or business and know in advance about the fundamentals of business or investment to be successful in investing and trading.

Although your approach is absolutely understandable (I mean doubling the investment in times of "good" prices), this is no longer a classic DCA. DCA is actually aimed at making the same bet in every market phase (e.g. regardless of whether it is a bull run or a bear market, you always bet 100$ in the weekly/monthly/... purchase). You have already incorporated elements from classic trading here by evaluating when a market sentiment is "good" and when it is "bad" in order to increase purchases.

Of course, there is absolutely nothing wrong with that (and I do the same  ;)).

It's not necessary or in a way that they will choose it but it can only come naturally depending on our characteristics but for the most, it can still change the more experience they gain. Strategy can be different, I mean there are strategies that are based on our personality and then there is also based on the general market.

It's important for us to know that and follow them, if we want to be successful here. No matter what, emotions in trading will always be a hindrance, so all must avoid it. No matter what type you are but as long as you are benefiting, just go on following it but to grow is also better and always there waiting for you once you are ready.

You just talked about proficiency and also asked if a trader can be fortunate through trading. The two in my opinion work together and I think if you’re not proficient in what you do, you can be fortunate at it. Being fortunate does not come all the time and one can still fail at some points even though they’re already proficient in a certain skill. Trading requires building yourself in a manner that only you can master and would work for you anytime you employ that method.


Nothing good comes easy and so is trading. You have to put in that effort and do all you can in order to become better in that aspect. If it was that easy, we will see a lot of traders than bitcoin holders, since no one will want to wait patiently for years in order to get profit from their investment.

There is no easy way to make money in this world so committing yourself to anything takes risk, patience and money. To get profit from everything investing or trading in crypto market you need to be crypto experts. Patience in investing and making profits can take you to the sky of profits. I kept holding 1 token for more than 1 year just to get profit. But there are many tokens that have given huge profits in just a few days.

It is just an impression of people that watches the traders because they're always talking about money and IMHO, that's normal when people look at that part.

If you think that people shouldn't be impressed with what they see with traders and that's incorrect. You cannot change that to the people because it's all what everyone is going to think about when you all talk about money.

That impression won't be removed to the people as the market is existing and there's always the investors sense that they're going to see throughout the market motion.

This is a completely wrong idea that success in business is beyond mere luck.  Rather, the success of a business depends on self-awareness, discipline and risk management skills.  A successful trader must assess their self-esteem, emotional resilience and overall psychological thinking before entering into a business.  Trading is not a guaranteed streak of luck but a skill driven endeavor where your knowledge skills and ability to manage emotions prevail.  Businesses can thrive by investing in strategies that continually look for opportunities and learn.

Trading is difficult, decisions must be taken immediately and if you miss them the ending will be different. It's really like war, merciless and fast. From most of my trading records, there are still many losses compared to profits.

From this, I prefer investing in Bitcoin by long-term holding.

This is something that we cannot avoid when we are pursuing a career in trading and yes, it’s not all about profit.
Trading is very risky, one wrong trade can lose more money so make sure you do analyze and you know how to be more safe when placing your trade. Taking profit and cutting losses should always be your priority, know how to timing the market and be more patience with your trades, it will take time before you become a good trader but its worth it.

It's obvious that trading is a skillful kind and if does not acquire the skill acquisition of trading very it will or may lead you to negative impacts of trading, so from my theory, it's clear and understanding that for you to be a successful Trader you most undergoes many research and many trials, those people whom seems trading like a avenue to multiple their funds always venture into trading without knowing the concepts of trading, so therefore it will be good for both new Trader and old have to make a research analysis before venturing into trading.

Apparently you to know that trading deals with two things either advantages and disadvantages [gain/loss] this is the reason we said that trading have to do with two things,  as a trader you have to bear it in mind that the ratios of advantages in trading is proportional to the ratio in the disadvantages of trading, so our mistakes in trading is achievement and also a none achievement base on your capacity and ability to detect your errors.

Trading is not difficult but it's strategic and the strategic aspect of it is what it's hard to understand or know beforehand due to the cryptocurrency market volatility in nature.
Yes, trading is like war because every trader is trading against the smartest, most wealthy, and most genius people in the market that can twist things to their favor.

Yes - becoming a trader is not easy, especially for assets that have very fluctuating prices. There are different types of traders - but they all have to consider their own risks. The amount of risk they take depends on what assets they trade and what trading strategy - but they can only minimize risk, not eliminate risk.

To become a successful trader is not easy - sometimes they even have to lose money after starting. Wrong strategies and greed allow traders to lose money instead of making a profit - so traders need to avoid and learn what they must have to be a successful trader. Trading without risk is impossible - so set your risks and learn how to minimize them.

Trading cannot always produce profits even though people really understand how to do it because there are times when the strategy we implement is not appropriate. Trading cannot guarantee profits forever, but we can make proportions according to the strategy applied regarding profits. Therefore, it is important to understand how to trade correctly so that we know how to make decisions at certain times.

Skills and mental readiness in making decisions are quite influential in trading because there are many emotional trades that will end in losses. Controlling risks can be done if someone has the knowledge so that these skills can train someone to be more prepared in any condition.

First of all, an investor isn't called a trader, because an investor is a person who invests some money and then waits for the profit to come, it's mostly for a longer term when compared to a trader who would buy and sell assets within a short period to profit from the small price changes. So, you should first make it clear whether you are talking about traders or investors because both are different even though one can be both, an investor and a trader.

People who think traders are mostly fortunate haven't seen the market closely, and they have no idea about the volatility and instability it carries which makes it extremely difficult to get successful trades. So, only a trader can know how difficult it is to make more successful trades than failed ones.

Through experience, knowledge and mistakes you can build your own reputation and which kind of trader are you if you know yourself already where is the most suitable and effective for you, could be in business, stocks, real estate, or crypto there are other forms but of course, we are in crypto. In investment, there's always a risk but you can lessen the percentage of it if you know already the possible outcomes, and proper preparation if you keep pursuing this or not at least you learn something if you fail. If you succeed go you can continue if not you can cut loss and take another risk.

Trading is not all about buying low and selling high. There's more to trading and the others are among the things that shapes a trader. These are;

• Experience
• Patience
• Technical know how
• Risk management

You can have a very good knowledge of trading, but your emotions is poor to keep you going or you are very impatient. So, a good trader must have these attributes in a right proportion in order to be successful on the long run.

Some people know how to join but do not know when it is necessary to exit. At a time, everyone has laid their hands on trading, either as a noob or experienced. Some have failed and exited trading knowing too well it is not their thing. But some are still forcing themselves to be successful in something they know not how to handle. To this people, failure is inevitable on the long run.

I am a short-term trader. I make multiple trades within a short span of time. When I book a profit, I move on to another coin for entry. Most of the time, I follow indicators on a 30-minute timeframe to determine the right time to buy a coin. I enter a trade and close it after securing a 3-5% profit. If it seems like there's potential for further profit, I close the trade and aim for more profit.

Following a 30 minute timeframe is not too long for short term trading. I usually only look at 15M-5M for short term or scalping because trades are made faster and more orders are placed.
Timeframes of 30M and above are usually for Medium and long term trading. Determining a profit of 3%-5% is quite standard and don't forget to use a stop loss to stop unwanted losses because it is important. and having reserve funds will be very helpful in an emergency.

I agree with BlackStar that trading is not easy. That's why as you can see most newbies who just starting to trade are starting to stop after how many days/weeks or months.
Only a few traders who started then ended up still trading. This is the biggest challenge if you are starting to trade.

As a trader, I agree that it's important to know your strengths and weaknesses before entering the world of trading. This helps to define your style and strategy, which is key to successful trading. While luck plays a role, skills, analysis, and emotional management are paramount. Trading is an art that requires constant development and learning, and success comes through diligence and dedication to your craft.

In my opinion newbies start their journey way too early, on their desire to make profits they begin to trade without really knowing what they are doing, and while learning on the job is quite common and it can lead you to success in other activities, when it comes to trading this is a huge mistake, since by the time you actually know what you are doing, it will not be rare for all your capital to run out, and once you get more money to trade you may have forgot a great deal of the lessons you learned during your first trading experience.

The safest option is not to trade when you think you’re not prepared for it. Don’t risk your funds by trying to trade when you know you are not that good enough. There’s still a lot of options left to be profitable, or just settle with bitcoin hodling, wherein there is less preparation and is less risky. In the end, you will gain the same  amount of profits if you just hold patiently a good amount of bitcoin.

However, if you have passion in trading, then take some risk. But always remember that trading is hard and tough most particularly for beginners. You cannot trade and expect immediate profits, that is now how trading works. You need to analyze first the market well and know when to trade and when not to, and most importantly, have sufficient amount of knowledge and skills when you decide to trade. Experience is the best teacher so always make time to trade not only to make profits, but to widen your experience as well.

Though you're right that holding is the best and safest way of making a profit but how will you learn to trade if you do not try on it?
Just accept the fact that trading isn't talking all the time about profit, sometimes you need to lose just to learn the process of trading and that's the sad reality of trading.  Even those people called themselves experts in trading may still experience losses in that field.

If you're aware of all of this, keep in mind that to trade the amount that you can afford to lose.
Think about gambling and trading are almost the same, trading is less risky than gambling if you're an experienced trader.

maybe someone is lucky in the trade made. but that won't happen consistently. but those who have skills and experience in trading can consistently make profits.
what you say is quite correct. but perhaps you can separate the distinction for those who invest and trade. both are something different. Some investors are not skilled at trading. and there is also the opposite, although there are also those who are masters of both.

i just usually use 1 minute time frame when the coin was freshly listed on the exchange and it prove to be more useful than the other timeframe, it depends definitely on the circumstance of the coin itself if the price fluctuation and price swing was happening so frequently using short time frame might be beneficial.
for those that long term usually longer time frame as you mentioned even looking at the all time high and the all time low already giving good impression about the coin if we about to invest into the coin.
thats the thing being trader just be flexible, if the situation forces us to have either long or short time frame we just follow like water flowing on the river.
because after all we following the market here and try to profit from the price swings.

That implies trading is difficult as certain people are depicting. We should be practically almost perfect to remain productive or there is no reason to invest sums of money and energy on trading. Each of us has both strengths and weaknesses as we make refinements and transformations to become good traders.

I simply need to be an investor because I have an everyday job and I do not have a lot of hours watching and dissecting the market. I simply purchase Bitcoin and several coins when I have extra from my compensation and hold them.

if asked what type I am, then I would probably say that I am the type of person who always holds back in the long run. That way, I tend to choose popular trading assets because they have lower risk when held in the long term. Apart from that, I am also the type who does a lot of consideration and research before entering the market. Because I think that when we buy is very important.
However, there is nothing easy about making money, especially if you depend on luck. The truth is that we strive to create opportunities that have great potential.

If you ask me then I don’t do daily trading. You can consider me as a long term investor. I buy assets and hold them for long term. Basically I invest in cryptocurrencies. Moreover in trading you need to get actively involved in the market and watch out the best coins for it. Trading is no doubt the difficult task. Here the money is at risk. One wrong decision, and whole money will be lost. Hence it’s safe and less risky to invest than trade.

Jackpots are myths, especially for the 90% of people who are waiting for them, First of all, there's a huge difference between a trader and an Investor in a class they both belong to but have different directions, how I don't need to explain most of people already know. At the same time as OP said as a prominent investor some things TBH for most of them I cant get it due to the language barrier for the rest I can easily say that yup, no doubt there are some misconceptions about trading that people don't realize.

As a famous proverb is "All that glitters are not Gold".

A trader can never be sure so there are various risks and losses in his business. So a businessman starts business with skill and risk taking attitude. Investing in such cryptos where patience, money, risk are all present. Many people in the trader's world are involved in profit and loss. Moreover investment is not a difficult source because here you will get profit if you buy the right token. But to gain profit from trading requires a lot of practice.

When you are bold to face the risk by looking for where to acquire the skills of trading, it will not make you to experience some challenges other traders went through before they became professional in crypto trading.

The type of capital, you use to start a particular business will determine what you are going to earn in the future when you have the skills because you no when to trade your business to make what will double your profits from the business, and your capital will still remain secure to improve the business at anytime.

When you train yourself to be patience, whenever there is a bear season in the market, it show you are in a straight way to make it from your trading because those that practice trading to achieve the skills will not trade during the bear season.

Yes, it is very good to know the kind of investment you want to do and the type of investor you are because different people are just rooming around because of investment or trading. They always hear about, but they don’t know the area to focus having a particular focus on this, if I have to trade bitcoin, I know that I am investing in bitcoin trading whatever I want to trade. I will understand it on that studied very well at least well it is that you can take more and more more like more than 50 coins. He still is aspect of Trading, which means you’re studying the coin.

That's true op and it is not easy to earn money. you need to control and manage lots of things during trading. And yeah, luck do matter in trading you don't know the future but even just predict it. But making analysis and finding goof altcoins for Trading, isn't luck. It depends on how good and experienced trader you are. And control yourself from become emotional, keep patient and such things are common in all trading. Without these, you can't be a complete trader.

Becoming a complete trader is indeed difficult because it is not easy for many people to do under any circumstances, especially to become a complete trader, sometimes you also have to be able to see moments in new altcoins that have the potential to increase when market conditions are improving. And this is of course quite risky for most people because large profits will definitely be balanced with risks that are not small so that it becomes more difficult for some traders to take advantage of. Even though there are many other more complete options for some trades, the level of profit will not be too big if the price increase is not so big at a certain moment.

Every investor trades with the hope of making enough money but before trading we need to gain enough knowledge about the trade if we do not gain enough knowledge about the trade then we will not get much success from the trade. We must have a long term plan before trading. We cannot be too hasty while trading. If we trade with a long term plan and trade patiently, we will definitely be one of the successful traders in the future.

This is confusing and I don't understand the point of examining your internal self and when it comes to trading it is completely unnecessary. Trading just requires knowledge about it and courage is another thing that may be required as an effort to get the courage to engage in it. There is no such thing as luck to achieve success anywhere, but knowledge is needed to achieve it.

If you are involved in trading then you should learn knowledge about trading. Traders do not guarantee luck and even in investments that are easier to execute, they also do not talk about luck. The more relevant question should be, are we suitable for trading or not?

I agree that trading is about skill, experience and having a strategy when executing it, without this knowledge it is difficult to achieve success in trading. So don't think about luck but rather how we prepare well.

If you think that holding coins for a long time is too difficult, you need to remember that you cannot profit in a short period of time by trading only. You can't win it every day like in trading gambling. Becoming a trader requires a lot of research, along with some necessary money. Without practice by investing money you cannot progress in trading even if you do not have enough money it is not possible to progress in trading. You can never make a profit with small capital. If you have money, intelligence and patience then you can succeed in trading otherwise go back to long term investments as your risk will be reduced there.

If people think traders are always lucky, they should think again. They will not be able to make a profit by trading without analytical skills. They will find it difficult to determine when to enter and exit the market.

If you are willing to learn to trade, you will be able to see opportunities to enter and exit the market. You will also see opportunities to take advantage even though the market position is not good. By always learning about trading, this can give them the opportunity to make a profit.

If the market situation makes it impossible to sell the coins, they will hold the coins for a while. They hold their coins after seeing the potential for their coins to increase in the future. A trader will analyze which coins can provide profits.

Indeed, especially for beginners, long-term trading should be the main thing rather than short-term trading, while we invest, we can learn to do short-term trading, maybe with small capital first, and we have to be patient, while we gain experience in trading, and Of course, don't be profit-oriented first, the arena will ruin our plans. It's not easy to do short-term trading, there are many things we have to master, especially psychology, which only we can control

Risk and business both have a great relationship with each other. It is said that All financial activities are risky and among those risky activities, trading is even more risky. The investor must continue to invest after assuming all those risks. I'm not entirely clear on what the OP is focusing on but want to clarify what kind of investor I am. When I got into cryptocurrencies I was determined to hold there but holdings are usually long term. I have tried trading occasionally and currently I hold bitcoin as well as trading with some altcoins. I consider myself both holder and trader.

It's a mistake to invest to something that you don't know and the same goes for trading without having the knowledge of being a trader.

That kind of person that does it are probably two things; ignorant or someone who really wants to try and as a start, it's pretty normal to experience losing.

That's right, if for example we choose it will be very comfortable. when it goes up according to our wishes, just sell it. Even if it goes down, it's not too bad, meaning it's still in the normal category, not up to 40% like in meme coins and even more.


The answer goes back to the choice above. If the fundamentals will just relax, we will reduce our fear of losing assets by itself.

Op are trying to ask what sort of investors we are?or trader?.Your topic heading is way different from the context in your thread.Trading is very risky and lot of people get into trading without learning the skill/technical analysis and they get exposed to more losses and the whole thing then looks terrible and frustrating to them who fail to learn the fundamental and technical analysis of trading.If you have the zeal for trading your coin you just have learn all the analysis a trader should know in order to reduce the losses.

That's true op. I like investmen and hodling rather than trading cause it found it difficult task cause it isn't so easy to make money from trading, market always creates unexpected circumstances to handle. Although at beginning i used to panic sell and lost money but gradually I'm learning to handle emotions, how to analysis about the altcoin for trading and so on. Its all about mindset, patience as you need to have courage to handle whatever the situation will be

You can't make money for online easily even you have to learned more about work. If you want invest in crypto then learned and try to find out best project. If you want to make money from trading then you should learned very long time. I want to say every success will depend on your skills.

This is exactly what most persons don't really get about the essence of making money be it from trading or investment, it all requires a high level of focus, patience, hardwork and also understanding of what you are actually doing so who ever feels he or she can cheat the system will just end up getting cheating himself because everything needs perfect planning and work for it to actually become a success.

Many newbie are of the opinion that they are some crypto projects which they can make lots of cash from which is merely just a mirage and some of these newbie are the ones who end up being scammed.

Of course, if we enter the world of trading, capital will be very helpful and quite helpful in speeding up the estimated value of our assets and of course, if it is done well and correctly, the value will also decrease.

For the typical long term, usually only certain people do it because they focus on taking profits all at once, if the pattern is short, they usually play for a short period of time, although if they accumulate the profits are also able to catch up like long term hodls, only the inherent risk is higher.

I think knowledge is also needed to be able to develop the assets we have in trading, by having knowledge we will be able to make the right decisions and we will also be able to gain profits from trading.
To be able to survive in the long term, of course we have to have patience with the assets we own, but for those who trade in the long term, of course this requires them to always monitor market movements and if they see that they have made a profit, this becomes a choice whether they will look forward to it. bigger profits or taking profits right away.

I am a investor that just is going to hodl my Bitcoin and crypto for a very long time. I did lose alot of money before trying to trade my bitcoin for other cheap alts. But this did not go very well for me.

I do like to invest in some other alt coins and some meme coins. But it is for just to diversify my portfolio. I do hodl mostly Bitcoin.

pepe 1% btc 99%

Noting that the contexts of the Ops thread was not being specific enough to specify on, it's important to drag to his notice not to misinterpret investment to trading because they differs and while curious to know about type of traders as demanded in the crypto markets, it's necessary for anyone to understand the risks involved and the technical strategies involved on trading on the crypto currencies. Hence it doesn't feel comfortable for individuals who may be quick to traumas when the market flops to their lost and most be a good financial manager and actively to always respond to clients adequately as they're potentially to short term exploits.

Between investors and short-term traders different goals. An investor will put his money and prepare for the long term, even though the goal is the same, namely seeking profit. while for short-term traders, he will look for profits as quickly as possible and collect profits little by little. I think in the crypto world there will be more investors than short-term traders, considering the high fluctuations and special skills required to make short-term profits

I do not think that people could be divided into multiple investor methods, because we are not just a single one. I am basically a long term holder, I like that because I feel like it leaves a lot of pressure and stress off my shoulders, you do not have to do much. When you do something else, like trading, or even leverage and futures, all of that makes it hard, trying to balance your margin and all, these are tough jobs.

When you are a long term investor then you do basically nothing, which means I have nothing to worry about at all, I just need to consider that it is going to be as simple as it gets. I think it is going to be quite easy to handle, and we need to make sure that we are going to do something that will benefit everyone.

For me investors could be define as a holder, and it divided whether you are short or long term holder. And we all know that it's better to be a long term holder as it's the best option if you don't want to be bother by price changes and constantly checking the price and your portfolio or how it grows or if it is down.

And it also entails a lot of discipline and mental toughness, because there will be time that you are going to be tested, like you are tempted to sell when you have seen good profits. But at the end of the day, if you have been in the market for so long, you already know the drill and what kind of investors you need to be in order to be successful in this very volatile market.

Everyone has certainly experienced short-term trading, but this again depends on each person or individual using which investment technique they need. I think the investment technique you mentioned above has quite a big risk compared to the long term. I would rather choose a long-term technique than the one you mentioned above. It is true that short-term investment techniques can make money quickly, indeed everyone can learn them but it requires patience in learning the knowledge and the sacrifice is quite a bit, it takes quite a long time to become proficient and the money spent is quite a lot to learn there.

Although I also assume that there are significantly more investors than traders in the crypto market (by the way, this is the case in almost every market, with the possible exception of Forex, but I'm not sure about that either), your attempt to explain it is actually exactly what traders want: Highly fluctuating markets.

You only need to look at where leverage comes from in trading, for example, or where virtually no trades take place without leverage: In the forex market. Here, the fluctuations between currencies are so small that you have to make do with artificial multipliers. Otherwise, the capital invested would have to be incredibly high in order to profit from the fluctuations at all (or not, if the trade backfires).

I do not think we have more investors with long term goals than short term goals. We have inventors that do not have patience but want to make profit as quickly as they can. We have many people trading but they do not make profits and they jump from one altcoin to another but still they do not make profits. We can only have two types of investors and they are after making profits but they do it in different ways. We have long term investors that choose to believe in Bitcoin and hold for long term and we have the investors that want to make quick grains which they do by trading altcoins or investing for the short term. Both investors can make profits therefore we can choose to be anyone of them but if we want to make profits more we have to choose being a long term investor that will buy and hold Bitcoin for many years.

Holding Bitcoin can also be a good choice, but my advice is to keep taking advantage of altcoins from time to time or else it is possible that as you have lost in other coins, if the Bitcoin goes down, you may also lose in it. I don't know in which coins you invested and in which coins you faced losses but there are many good alternative coins in the market from which you can make a good profit such as ETH, BNB, SOL, GALA, GNO, etc.

I also faced many losses many times because I am a human being and it is not possible to win all the time, there are losses and wins with human beings, the only important thing is that human beings learn from their mistakes and move on. Loss Avoidance I covered my losses by choosing good coins in trading.
So I hope you will cover your losses soon and avoid further losses in the future.

Diversification is always been that recommended, it is really just that will really be that depending whether you would really be considering on investing into some altcoins or not but we cant really be able to ignore that
when it comes to money making opportunity or making profits then having that bigger or broader portfolio could really be able to give that kind of opportunity but of course when it comes to risks then it would really be having more. It would really be just that normal that you would really be needing to have that more capital for you to invest but since not all people would really be having that kind of capability when it comes to this manner.
Profit making is all we do hope and we do all been trying to seek. It would really be just that normal that there are moments or times that we would really be liking in holding our position because
we've been expecting for something more when it comes to price movement.

Me too, I chose to become this type of investor, a long term. Because with trading, I didn't found my fortune there and it is exhausting and that's why holding is my preference and I find it as a better alternative for being a day trader.

I also invest in other alts but compared to the others, my bag of altcoins isn't a lot compared to what I am seeing with the others. I diversify but it is not too many because I only invest in a few top altcoins and I don't go with the uncommon ones.

Nothing pure, true and genuine that you want to make legitimately comes to you easily to enjoy from its rewards. You have to fully make up your mind, know the advantage and disadvantage of them, and know the position you get to stand when everything gets that rough along the path. Those profitable traders are learned people and they ought to always find a way to get to always add to their earnings. Your control to something that amounts to a lot on how you can unleash your emotions to fight and becomes better in it, if you have that, you’ll be a profitable trader.

In trading, of course we have to be able to make the right decisions to be able to get profitable results for us from trading. For those who have experience in trading, of course they will be able to make the right decisions because they have had good experience from the trading they do. Every trader who has experience in trading will be able to control their emotions because those who trade with emotions will certainly find it difficult for them to make the right decisions on trading and the results will also influence the trading we do.

Trading requires experience and knowledge to be profitable. Without experience, it can be challenging to control the market. Therefore, it is not a one-time profit opportunity. You should learn a lot about it and attempt to get a mentor who will lead you so that you can gain hands-on experience, because many individuals prefer to learn trading online and not all they say is true, which is why it is recommended that you find a guide. Trading is extremely wonderful, but it is simply a matter of understanding and when you understand trading very well and get enough knowledge i think you won't do anything online again apart from trading. And we will continue learning very well so that we can become professional trader very soon.

I too have felt what you feel. From previous experience, of course we learn what mistakes happened before, of course we will not repeat or make mistakes a second time. In this case I prefer 1 or 2 that I really believe in my investment and I prefer to keep it for a long time in my investment. I value the results of my hard work or sweat so far in making money by working to choose assets that I believe in rather than just speculating on choosing alts or memes that have increased thousands of percent.

It isnt really just that limited into trading but also in other things as well on which you would really be needing that experience and knowledge for you to be able to make yourself that being efficient
then this is something that you would really be needing up that kind of approach. What kind of investor are we? Then it would really be reflecting out on what you would be making up decisions.
Trading isnt something that would really be that so easy because making money or profits with this unpredictable market. There are ones who are really that having that realistic goals
and targets in compared into those people who doesnt have that.

You would be needing up to adjust accordingly on basing up on the  things that you would really be needing up to do, because if you wont then
you would really be ending up on failing on what are the things that you've been dealing with.

No matter the kind of investor that we are, we must ensure that we take the risk that we ought to take so that we don't have to be seeing negative results. There are traders that didn't take the risk they are supposed to take and at the end they would lose more than they are supposed in the market. Cryptocurrency has so many opportunities for investors and traders and we must take the actual risk that would help us succeed in the crypto market especially giving us the confidence to trade and invest.

I agree with you on the line of having two types of investors who are all focused on making profit from cryptocurrencies, but on the aspect of believing that only those long-term investors are the ones that make a large profit, I stand to disagree with that on some point.
 
There is no doubt that long-term investors do make a profit from holding, but there are also those who are short-term holders who are also making a fortune by just trading the right coin. It's just a matter of someone focusing on where they age very well, and you can still get involved in both and still make your cool money from them.

Trading is not for everyone and that doesn’t mean trading is not fortunate. People think differently, understand differently, interpret differently, access differently etc. So it just depends on the type of person you are and how you comprehend a lot of things in your mindset and take approach towards them. Nothing good comes easy, you have to sacrifice something to get something better and that is the only way you can get to achieve some successes in today’s world. Trading is not for the week, trading is not for the strong and also not for anyone that you come across. It deals with your inner emotions more and if you’ve conquered it, you are 80-90% ready to be a profitable trader.

Emotions are things that we can't really get rid of, there is no trader (no matter how professional) that has zero emotions while trading. The trick is not try to have zero emotions when you are trading, the trick is to learn how to control and ignore it.

You may feel fear when you see the price going down and you are holding a huge bag, that is a horrible feeling and I understand why people may want to sell, but if you fear yet still hold then you will profit, if you fear and stop and keep holding then you are going to be fine. This is why I think it's quite strong to make as much money as possible and that way we are going to end up with something that will be great for the people. This should be the best way to move forward with it.

Regardless of the type of investor if the goal is fixed controlling one's emotions both short term and long term investments in trading will become profitable. Make decisions that will help you achieve your goals you need to have a very clear idea of ​​what can be consistent with your ability to take risks to achieve your goals. That's how much money you will invest if you can maintain a balanced coexistence.

The risks we take must be in accordance with the abilities we have. We have to take risks, but that doesn't mean we can take risks without thinking twice. We have to see the extent of the risks we will take and whether we are ready to take responsibility for them.
We can be any kind of investor, be it short-term investors or long-term investors. We can see how far we are able to take profits in the short term and how far we are able to invest in the very long term.
We also have to have good self-confidence when investing, don't let fear and panic become a barrier for us to invest. We must believe in the potential we have and we must form it from hard work, a willingness to learn and self-confidence.

I will definitely support your opinion as our plans must remain. As long as our plans are fixed, we can do our jobs properly. We have invested but our goal in investment is not fixed but we take different decisions at different times but we will suffer in our investment. Everything has certain rules. 

As in trading we have to observe the market a lot and take the right decision at the right time, so in the case of investment we have to understand the market and invest and hold our investment for a certain period of time. As long as we can do these things correctly, we will be in a driving position in trading or investing, but when the opposite happens to us, the results will not be good for us at all.

If you choose to make money from trading, you can achieve money from your trading, but you have to choose good coins that use to pump during the bull run which is the easiest way some traders use to accumulate their wealth.

And, if you decide to choose your hand work, it will also going to profits you, but you will make big profit from trading than hand work because you need to get a good location for your hand work before you can start having some customers that will be bringing work for you to earn money.

If you don't want to experience loses in your trading, take time to learn trading so that you can have the idea of crypto trading,  and it will be hard for you to loss in your trading.

Those that are plan themselves to be part of those that are already be a trading for a while and did do deep research about the trading is only want to waste so much of his time, they said that nothing good comes easy, so before introduce yourself trading is good to know the basics and skills of trading like technical analysis and fundamentals technology those the contents of the trading that will make becoming expert. But not all people like to know about those skills they don't that it can help them alot to figure out everything about the trading.
Yes off course trading is all about the having patience and endure, and also know how to adapt the risks that are involved and again if a person is so emotional it can not afford the trading, because is not like a investment the risks that is involved in trading is bigger than trading that's is good to know how to control your emotional during trading if you really want to achieve your goals.

Losing in trading is inevitable not unless if you would be sticking up into those known and established projects or coins like Bitcoin or with some top coins in the market and would really be tending to hold up for long term.
Although there would really be no guarantee that you would be able to make profits but sticking into those known ones then you would really be ending up on having that profits once the market will really be having its bullish run but of course everything would really be just that depending on how this market moves and how it behaves. There's no way that we could really be able to know on where it would be heading but
we do already have the idea on what are the projects that we would really be having that worth on holding for long term and it wouldnt really be that so hard to distinguish.

In speaking about profit taking then this is something that will really be just that depending on a certain individual or trader because not all would really be sharing up with the same mindset
and approach on things and this is why decisions would be making will really be always reflect out on how they do handle up themselves into this unpredictable field.