Trading sucks, I'll just hold my coins

[ophyrim]

If you don't have any knowledge of trading then best thing is to hold your coins in your wallet and sell them only when its giving you good profits but keep in mind that holding will never grow your bitcoins which is possible with trading.

Yes thats right but it is much better if you have coins just get some small amount and try to trade cause you will never learn about trading if you dont try and experience the feeling in trading.

I dont agree. If your investment has big potential for the future and you are investing at the right time, your money can grow faster than trade without any risk (lets say minimum risk) with no effort. Just open your laptop 1 time for see the last situation of your investment. But the key point here is right investment and right time. You need to search to find the right coin.

[mobilestrike]

If you don't have any knowledge of trading then best thing is to hold your coins in your wallet and sell them only when its giving you good profits but keep in mind that holding will never grow your bitcoins which is possible with trading.

Yes thats right but it is much better if you have coins just get some small amount and try to trade cause you will never learn about trading if you dont try and experience the feeling in trading.

For now, when bitcoins are pumping and many other altcoins are following footprints of bitcoins, it is worth to hold onto your coins. But once the prices start journey backward, that would be the best time of purchasing more coins and stepping into trading. To learn trading, it is wise to practice trading with small investments.

[daemol]

If do not have sufficient knowledge or skills, then you could have been made more by just hodling ... It's a lesson that has to be learned by yourself.

[Tamilson]

If do not have sufficient knowledge or skills, then you could have been made more by just hodling ... It's a lesson that has to be learned by yourself.

Yes, when you feel its not really meant for you then dont force yourself.
For when you're not comfortable, stop it. Just hold your coins but dont expect a fast return of investment.
As trading will makes your money to grow in a short period of time but of course if you're well experience that will happen.

[jakelyson]

It is not good advice to avoid trading just because you failed. Everyone fails and commits mistakes. It is wrong that you have trade too much when you are still a newbie in trading. You could have started small and move your way up slowly. Trading is profitable but takes a lot of patience and time to learn. Experience makes you better at it. So trading small while you gain experience is the best move.

[nexus99]

Hey, don't quit just because you had an accident. If you want to trade, you should be aware that this is an activity for the long-term. Moreover, if you are just beginning you should be prepared to lose, probably even several times. If you don't like the long-term aspect, then you probably shouldn't trade. There will be wins, but there will be losses too. If we could predict all the ups and downs with certainty, we wpild all be millionaires here. Give this a thought and I wish you the best of luck

[bangjoe]

Hey, don't quit just because you had an accident. If you want to trade, you should be aware that this is an activity for the long-term. Moreover, if you are just beginning you should be prepared to lose, probably even several times. If you don't like the long-term aspect, then you probably shouldn't trade. There will be wins, but there will be losses too. If we could predict all the ups and downs with certainty, we wpild all be millionaires here. Give this a thought and I wish you the best of luck

Many of the coins I hold and more shitcoins are finally giving up, and I keep trading every day, no matter with it, I just got very emotional because the coins were not able to rise, but that I consider as a valuable lesson. .

[nexus99]

Hey, don't quit just because you had an accident. If you want to trade, you should be aware that this is an activity for the long-term. Moreover, if you are just beginning you should be prepared to lose, probably even several times. If you don't like the long-term aspect, then you probably shouldn't trade. There will be wins, but there will be losses too. If we could predict all the ups and downs with certainty, we would all be millionaires here. Give this a thought and I wish you the best of luck

Many of the coins I hold and more shitcoins are finally giving up, and I keep trading every day, no matter with it, I just got very emotional because the coins were not able to rise, but that I consider as a valuable lesson. .

Yeah, I can relate. We all of us have this kind of lesson sometimes. It's all about perspective for me. If I want to trade, I accept losses as something that can not be avoided

[Bowly88]

Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!

Maybe trading track is not really meant for you buddy, I know that one day you will finally found what genre you are good at. Maybe you will be successful at holdong your coins and gaining on them ir maybe on investments and other stuffs like gambling. We don't know you are the one who will explore your skills sooner or later you will discover it and be an expert to it. We are all going to be a successful persons in the future I know that because we are planning our future already we are saving money to be wealthy in the nect generation.

[joganuts]

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.

The truth is trading is not an easy platform for people' to earn. Specially when you don't have the specific knowledge out of trading. If you want to get into something and you want to earn out of it you need to invest time for you to learn and to know how you see going to get used to it. Because this is the part where you see going to actually do your part for you to earn. It is a not a passive way of earning rather a more active way. So it is better to stop if you cannot handle the pressure, but if you will just learn and get used to trade and take the risk it is definitely worth it.

[HumberRoll]

My suggestion now is to just hold and stop trading. Remember most people who get rich on investing buy and hold and are not day traders

[Bezobraznike]

My suggestion now is to just hold and stop trading. Remember most people who get rich on investing buy and hold and are not day traders

   After losing so much money the best what he can do is to stop trading and to try something else. I am watching price movement of alt-coins
and all of them are going down, how to trade and earn from trading when prices are just going down in past two weeks, since 1 August. Can we
expect prices to recover and rise or bitcoin will remain the best coin for long time holding or day trading? Looks you are right about one thing,
people who get rich are holders and not day traders.
  

[greatr]

Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!

Trading is great way to earn money, but it needs a lot of experience and knowledge. You lost your money because you didn't know enough about trading, "buy cheap sell expensive" won't work most of the times.

Holding won't give you that much profit but at least it don't have huge risk to lose everything like trading do.

[chaser15]

Holding won't give you that much profit but at least it don't have huge risk to lose everything like trading do.

On the other hand, if a person holds lots of quantities then the duration of their holding period will be paid off since the return will surely gived them a decent return. If we hold coins, it means we are considering that coin as meant for long term holding. We should care about the time we will spend here because when we say long term, the journey is long narrow but it has greater chance of having a bright finish line.

Now to make worth out of it, try to increase the quantity of their hold coin since in the first place, trading doesn't giving them a good returns. People just need to be serious about this.

[Potato Chips]

My suggestion now is to just hold and stop trading. Remember most people who get rich on investing buy and hold and are not day traders

Holding is fine but theres nothing wrong with trading, they are both profitable although the profit is certainly not guaranteed, it depends on the user moreove it has its risks.

and again most people didn't become rich because of investing in fact investors depends on traders because theyre the ones who circulate the coins, mostly the ones who moves the

market. stop saying that the other one is not profitable etc. because each one has its own advantages. it'll just depends on the user on which will he take advantage to

[Whosdaddy]

Trading is part of tricky investment in which you have to be very patient about your goals. If you get greedy while trading then you are almost finished with that trade no matter what you do. Your loss is not much and it should not happen but it is really temporary and bitcoin will rise up again. Most if the people do even greater trader strategy than this by holding at least 5-6 coins at the same time and they never get panicked with fall situation because they always have mind set that they can earn big with their trade. So try to learn these strategies and control the emotions. Rest is yours.

Getting greedy and losing patience are the problems usually all day traders are facing. In the case of long-term trading, trader never need to worry about these things as there will be no need of emotion control for long term trading plan.

Again, strategies and money management other things a trader need to worry only for day trading and definitely not for just holding. In my experience I am always suggesting to go for long term trading with the respect to bitcoin and surprisingly it is always profitable for all the people.

[n691309]

Trading is part of tricky investment in which you have to be very patient about your goals. If you get greedy while trading then you are almost finished with that trade no matter what you do. Your loss is not much and it should not happen but it is really temporary and bitcoin will rise up again. Most if the people do even greater trader strategy than this by holding at least 5-6 coins at the same time and they never get panicked with fall situation because they always have mind set that they can earn big with their trade. So try to learn these strategies and control the emotions. Rest is yours.

Getting greedy and losing patience are the problems usually all day traders are facing. In the case of long-term trading, trader never need to worry about these things as there will be no need of emotion control for long term trading plan.

Again, strategies and money management other things a trader need to worry only for day trading and definitely not for just holding. In my experience I am always suggesting to go for long term trading with the respect to bitcoin and surprisingly it is always profitable for all the people.

Instead of struggling with different aspects of trading, it is always easier to buy and hold to make big profits with bitcoin.

I am also have switched over to long-term trading plans as short-term trading was most of the time leading to losses. To secure my capital I decided to stick with holding for longer haul.

[Bagaji]

Yesterday I just lost 1.8k USD, maybe in USA or in West Europe that's doesn't much, but here in my shitty country that's a f* big amount of money. Here the minimum wage is ~ 300 USD / month. So that's like 6 month of work if I cut my bread and water and live on air. Half of my saving were other investments, but anyways... I'm feeling shitty right now. Oh, and I break my laptop. So yeah, that's another - 500 usd.

I though I can trade. Buy low, sell high. Sounds good, doesn't work.

Looking at the charts and candle sticks and watching old bitcoin values, and huge spikes (pump, I saw here how people uses the pump word, daaaamn...) I was... yeah, I can totally do that. I'll just buy when it's low, and sell it when it reaches the top. Well, I was wrong. You can't see the future, otherwise everyone would be a millionaire. That would be true if you would have a delorean from '85 with Emmett Brown and Marty Mcfly and you could f* travel in future and see the PUMPS!!!1

So anyone who will read this message (noobs like me) if you don't have any trading experience, don't do it. There are expert traders who know how this market works, when to buy and when to sell. Don't assume your skills by watching youtube videos and reading "daily indexes and predictions" of how the price will rise or go down by shitty sites. That's just dumb. You don't know what's gonna happen. Maybe a little bit of luck, or I don't know.

So yeah, from now on, I'll just leave the trading area for experts and I will invest in bitcoin by buying every 2 week or monthly and saving into my wallet. And one day (I hope so) the price will rise and I will buy for my self a delorean.

Cheers!

I just started trading too but I'm trying for long term gains. Were you attempting a pump and dump? If so, I'd avoid that for now and stick to solid investments like BTC or ethereum. They are pretty safe and you can still gain 20% in a week if you monitor trading sites vigilantly. Don't give up man. Let's get rich.

Is good you identify what exactly you are good at and the one you are not good in doing. So many people loses money in crypto currency trading because they believe some people are making it big from trading and they fail to realize that trading is not meant for everybody, because there are people who cannot control their emotions and equally don't know the technicality involved in trading. Is good we should identify what we are good in doing than to just jump into what will hurt us financially in the name of trying to make it big.

[Idrisu]

A friend of mine who get a good ideas to trade has just also abandoned the ideas after losing a huge part of his investment. I think trading is not for everyone and for you to be successful in trading you must developed you skills and experience including knowledge on how trading work. I know many professional traders who get alot of money daily from crytocurrency trading but the reality is that 95% of traders lose money only few really make it. So I think hold is the really best options for you op.

[ubitcoin]

Trading is part of tricky investment in which you have to be very patient about your goals. If you get greedy while trading then you are almost finished with that trade no matter what you do. Your loss is not much and it should not happen but it is really temporary and bitcoin will rise up again. Most if the people do even greater trader strategy than this by holding at least 5-6 coins at the same time and they never get panicked with fall situation because they always have mind set that they can earn big with their trade. So try to learn these strategies and control the emotions. Rest is yours.

Getting greedy and losing patience are the problems usually all day traders are facing. In the case of long-term trading, trader never need to worry about these things as there will be no need of emotion control for long term trading plan.

Again, strategies and money management other things a trader need to worry only for day trading and definitely not for just holding. In my experience I am always suggesting to go for long term trading with the respect to bitcoin and surprisingly it is always profitable for all the people.

Instead of struggling with different aspects of trading, it is always easier to buy and hold to make big profits with bitcoin.

I am also have switched over to long-term trading plans as short-term trading was most of the time leading to losses. To secure my capital I decided to stick with holding for longer haul.

That must be a right decision. I guess only for full-time traders day trading will be good because they only will be having enough time to watch market movements to make appropriate decisions on time. For all other people, holding for long period must be the right way of trading as it does not require any monitoring as well there will be no need of any on-time decision making.