Trading sucks, I'll just hold my coins

[ktabb]

Holding is the only viable play to invest in bitcoin. Nobody here can out perform the market consistently by trading. People trying to use TA to day trade bitcoin are being naive if they really think they can beat hodlers.

[Pearls Before Swine]

Trading is in many ways like gambling,  the more you trade, the
more you'll probably end up losing.  True,  you could lose by
holding bitcoin too, but right now you wouldn't have if you bought
last year (or even last month! ).  Don't dabble in these shit coins.
They have nowhere near the support bitcoin does.  Ride the
winners, dump the losers.

[panganib999]

You can just charge it to experience and maybe try to learn from it. Crypto trading is never an easy thing despite what others are claiming. Not only must you require patience and a goos understanding of what you are getting into, but the risks will always be there especially for the alt coins that only serve as pump and dump instruments. I was also into a bit of trad8ng before but since I found out that I can't devote too much in it, I just decided to hold my coins and let it appreciate in value over time.

Indeed , trading is not an easy task to do especially when you are lack of knowledge and information about the coin you are about to trade with. It is much better if you will invest time to educate yourself more in regards to trading so that when you are ready you can earn rather than to lose but do not forget that in all types of investment and trading there will be always a risk. And as a trader and user or Bitcoin we should always live with risk and make the most out of it.

[Kevondo]

I guess you have used much leverage and attempted margin trading, which is cause of that big loss in short time.Even for he expert day traders it is not easy to trade the market with leverage.So as newbies it is always better to avoid this type of trading and first start learning Money management, that is key here.

Yeah! He should restrain from trading if he is a newcomer. I personally believe that holding coins is much better than doing trading with them. Newcomers should learn trading before jumping into the ground. Sound knowledge of trading and related subjects must be on tips of the trader.

[nightxglow]

Same with me, i'm learning TA right now and try to use it but i failed. It sucks because i try to do it to earn more money but just losing it in the process. I will still learn about it but i won't use much money for trading and hold the majority.

[CarnagexD]

You can just charge it to experience and maybe try to learn from it. Crypto trading is never an easy thing despite what others are claiming. Not only must you require patience and a goos understanding of what you are getting into, but the risks will always be there especially for the alt coins that only serve as pump and dump instruments. I was also into a bit of trad8ng before but since I found out that I can't devote too much in it, I just decided to hold my coins and let it appreciate in value over time.

Bitcoin trading always involves risks, yes it offers great things but it's never too easy to get that with trading. You gotta have patience, effort and full knowledge about it. But if you wanna try it you could atleast invest some amount you could afford to loose into bitcoin, for you to have and gain experience and to gain knowledge about it. But you don't forget the risks it involves. But if you don't wanna take any risk and wanted to be sure enough of your bitcoin you must just hold it.

[CyberKuro]

One of the biggest trust I have read here, thanks OP for sharing your opinion here, I think this thread must be pinned to avoid seing crying faces of another unsuccessful traders.

I agree, his experience in trading should be a lesson for other newbies who think that easy to make profit through trading.
Bitcoin really has advantages which makes it growing bigger over time, so no need to panic if its price drop back because in the end it will always recover.
We've been going through all this years with bitcoin and the cycle always repeated, keep holding your bitcoin and it will worth even more as time goes on.

[crazycatwoman03]

One of the biggest trust I have read here, thanks OP for sharing your opinion here, I think this thread must be pinned to avoid seing crying faces of another unsuccessful traders.

I agree, his experience in trading should be a lesson for other newbies who think that easy to make profit through trading.
Bitcoin really has advantages which makes it growing bigger over time, so no need to panic if its price drop back because in the end it will always recover.
We've been going through all this years with bitcoin and the cycle always repeated, keep holding your bitcoin and it will worth even more as time goes on.

If a trader succeeds in trading, the profit gained will surely be big. Trading is one of the considered best methods in earning and gaining profit but it does not just go with clicking the buy or sell button. In order to succeed we must study and learn how to it in the most wisest way to avoid failures. Honestly, I have been doing trading since I learned that the profit here is big but I still experience loosing better opportunities. Trading will always be like that, it will never be easy and there will no right time to do it but if we will study it first we can avoid getting disappointed in the end. Trading must surely come with being sport, we can never achieved big but we can continue trying in order to learn.

[sidhujag]

One of the biggest trust I have read here, thanks OP for sharing your opinion here, I think this thread must be pinned to avoid seing crying faces of another unsuccessful traders.

I agree, his experience in trading should be a lesson for other newbies who think that easy to make profit through trading.
Bitcoin really has advantages which makes it growing bigger over time, so no need to panic if its price drop back because in the end it will always recover.
We've been going through all this years with bitcoin and the cycle always repeated, keep holding your bitcoin and it will worth even more as time goes on.

If a trader succeeds in trading, the profit gained will surely be big. Trading is one of the considered best methods in earning and gaining profit but it does not just go with clicking the buy or sell button. In order to succeed we must study and learn how to it in the most wisest way to avoid failures. Honestly, I have been doing trading since I learned that the profit here is big but I still experience loosing better opportunities. Trading will always be like that, it will never be easy and there will no right time to do it but if we will study it first we can avoid getting disappointed in the end. Trading must surely come with being sport, we can never achieved big but we can continue trying in order to learn.

you have to learn who you are first before going after others. Trading is a mastery of psychology. It takes 10k hours to be a novice and become profitable long term. Ask any respectable trader in the world if you ever get a chance and they will tell you same thing. Most people don't get it. Some people here just got lucky. Most of these so called prophets that made it big with a few alts will give up the gains in the future if they keep trading because they don't know how to trade or don't know themselves enough.

[gabmen]

One of the biggest trust I have read here, thanks OP for sharing your opinion here, I think this thread must be pinned to avoid seing crying faces of another unsuccessful traders.

I agree, his experience in trading should be a lesson for other newbies who think that easy to make profit through trading.
Bitcoin really has advantages which makes it growing bigger over time, so no need to panic if its price drop back because in the end it will always recover.
We've been going through all this years with bitcoin and the cycle always repeated, keep holding your bitcoin and it will worth even more as time goes on.

If a trader succeeds in trading, the profit gained will surely be big. Trading is one of the considered best methods in earning and gaining profit but it does not just go with clicking the buy or sell button. In order to succeed we must study and learn how to it in the most wisest way to avoid failures. Honestly, I have been doing trading since I learned that the profit here is big but I still experience loosing better opportunities. Trading will always be like that, it will never be easy and there will no right time to do it but if we will study it first we can avoid getting disappointed in the end. Trading must surely come with being sport, we can never achieved big but we can continue trying in order to learn.

you have to learn who you are first before going after others. Trading is a mastery of psychology. It takes 10k hours to be a novice and become profitable long term. Ask any respectable trader in the world if you ever get a chance and they will tell you same thing. Most people don't get it. Some people here just got lucky. Most of these so called prophets that made it big with a few alts will give up the gains in the future if they keep trading because they don't know how to trade or don't know themselves enough.

And there are those that have enough btcs to manipulate how altcoins move. Not necessarily bitcoin but smaller altcoins that can be pumped or dumped by whales.  Though in time, if you can figure out how to ride those pumps and dumps, you'll be able to take advantage of it as well.

[Cosbycoin]

One of the biggest trust I have read here, thanks OP for sharing your opinion here, I think this thread must be pinned to avoid seing crying faces of another unsuccessful traders.

I agree, his experience in trading should be a lesson for other newbies who think that easy to make profit through trading.
Bitcoin really has advantages which makes it growing bigger over time, so no need to panic if its price drop back because in the end it will always recover.
We've been going through all this years with bitcoin and the cycle always repeated, keep holding your bitcoin and it will worth even more as time goes on.

No there are a lot of successful traders and they are consistently making big profits. If someone find trading is not successful and profitable then it is completely their own mistake and it has nothing to do with entire trading industry of crypto currency. Trading must require a lot of preparations and at those who are  lagging with those preparation must be facing losses and unsuccessful experience.

The lessons are good and we should make use of those lessons so that we can find where we are lagging and we must focus on fulfilling all the requirements for trading so that we can make big profits from trading.

[arpon11]

We really need a proper analysis and buy the right coins at the right time in other to succeed or trade professionally. Though I am sorry for your loss but you loss because you buy at the wrong time and no really market analysis. The simplest way to succeed in altcoins or bitcoin trading is buying when the price is at it lowest and sell when the price is at the highest. Follow this strategy and you will thank me later.

[erep]

Newbie trader here and it took me exactly 3 days to understand that short time trading is not for me. I lost some and gain too, but most of it was plain luck and I dont deserve that profit. I left it and now I just buy coins for holding now.

[n691309]

Newbie trader here and it took me exactly 3 days to understand that short time trading is not for me. I lost some and gain too, but most of it was plain luck and I dont deserve that profit. I left it and now I just buy coins for holding now.

I know many professional traders who have already stopped day trading as it is not at all profitable for them also. Long-term trading or simply investing into bitcoin are the better option for any people with respect to bitcoin.

Trading requires lot of on time decision when a trader cannot give them properly, it will be better option just holding bitcoin for some long period.

[Potato Chips]

Newbie trader here and it took me exactly 3 days to understand that short time trading is not for me. I lost some and gain too, but most of it was plain luck and I dont deserve that profit. I left it and now I just buy coins for holding now.

I know many professional traders who have already stopped day trading as it is not at all profitable for them also. Long-term trading or simply investing into bitcoin are the better option for any people with respect to bitcoin.

Trading requires lot of on time decision when a trader cannot give them properly, it will be better option just holding bitcoin for some long period.

as for me its reversed, i'm actually good at day trading but shows difficulty on long terms. i don't know how they done it but compared to long term holding of altcoins.

maybe we are using different strategies, what i'm using is like this, find a high volume coin, buy a large number of it as much as possible, add 10+ sats on the bought price and

make a sell order. your profits will depend on the amount you bough and you might do it many times until the day ends but the bottomline is it is less risky since you're gonna get

out quick.

[hashtag101]

One of the biggest trust I have read here, thanks OP for sharing your opinion here, I think this thread must be pinned to avoid seing crying faces of another unsuccessful traders.

I agree, his experience in trading should be a lesson for other newbies who think that easy to make profit through trading.
Bitcoin really has advantages which makes it growing bigger over time, so no need to panic if its price drop back because in the end it will always recover.
We've been going through all this years with bitcoin and the cycle always repeated, keep holding your bitcoin and it will worth even more as time goes on.

If a trader succeeds in trading, the profit gained will surely be big. Trading is one of the considered best methods in earning and gaining profit but it does not just go with clicking the buy or sell button. In order to succeed we must study and learn how to it in the most wisest way to avoid failures. Honestly, I have been doing trading since I learned that the profit here is big but I still experience loosing better opportunities. Trading will always be like that, it will never be easy and there will no right time to do it but if we will study it first we can avoid getting disappointed in the end. Trading must surely come with being sport, we can never achieved big but we can continue trying in order to learn.

you have to learn who you are first before going after others. Trading is a mastery of psychology. It takes 10k hours to be a novice and become profitable long term. Ask any respectable trader in the world if you ever get a chance and they will tell you same thing. Most people don't get it. Some people here just got lucky. Most of these so called prophets that made it big with a few alts will give up the gains in the future if they keep trading because they don't know how to trade or don't know themselves enough.

And there are those that have enough btcs to manipulate how altcoins move. Not necessarily bitcoin but smaller altcoins that can be pumped or dumped by whales.  Though in time, if you can figure out how to ride those pumps and dumps, you'll be able to take advantage of it as well.

On market, the time pumps or dumps atlcoins (on Poloniex or Bittrex but have volume more than 100 BTC per day) are have a rules elliot waves. So if you can understand this waves, you can surfing it and enjoy your profit 1-2 rounds depending the demand in this time.

[Koontas]

Many people became hodlers since they missed out the last heavy bull run candles. I am not sure how this will end.

[bitbunnny]

Many people became hodlers since they missed out the last heavy bull run candles. I am not sure how this will end.

Many people expect too much from trading, think it's easy money and very soon they get disappointed or lose big money. When they realise they got it all wrong they become holders. And trading is not easy job and it's not for everyone, you have to invest a lot of time and efforts in it. .Not everyone can be a trader.

[CryptoCowwboy]

I found the easiest way for me to trade is to stay off margin. Just buy with cash and hold for long term. The trading will come in time. I believe buying and holding coins for now is the best way to plan for your future. That's what I am doing. I am looking ahead. Best Wishes!

[Faeryl]

I did a bit of day trading but i never seem to time the market well, bitcoin always outfoxes me and even though my exchange has no fees, its just not ideal situation.

I think im gonna be a hodler from now on.