Trading sucks, I'll just hold my coins

[jojowar]

I think your experience will give you some lesson in a positive way also. Experience is the best teacher. There was also a saying try and try until you succeed. Don't lose hope. Maybe your approach or way in trading is not compatible or suits in this period or time.

[1jaffa1]

Holding in crypto is one of the best investments you can make there are more coins coming lately with passive earnings that are way better than any bank can offer you. We are living in the future. When the public gets this offer we are in it for years and solid. Then we will profit from the masses that's how I see it. Kinda cool to think about. Test it? Ask around to your friends and family I can bet not even 10% is in Bitcoin or any other crypto currency. When the official fund's step in that were the fun begins for us.

[liivii]

Trading sucks onlyfor those people who have no knowledge on it and just waiting for their coins to get bigger value without doing nothing. If that's your mentality crypto world is not for you and better to get a regular job than wasting your time in this industry. Because for me trading is the best way to earn money based on your skills and strategies, holding is acceptable if it's bitcoin that needed long time to see the result. Alt coins in the other hand are best when you work it for a short term or what they called daily trading.

[Ryanpogi]

wag muna patients is the best habit. the day will come. thanks.

[mstfprcn]

Trading is not for everyone and it really demands lot patience along with hard work for making big profits in trading. Trading is not for those who have bad control over emotions and are not in favor of working hard or risking their money.

[wbk940122]

long term holding or day trading you are ,i didn't have professional skill in day trading ,the best way of mine is holding .maybe there will be a big surprise.

[sdshd]

Prime Minister, I feel sorry for your loss, but I think you should not be too pessimistic. I believe that it will not take long before the price of bitcoin will erupt again. You can wait patiently for a while and wish you luck.

[sabarr]

in trading we must really be able to make decisions correctly because if we are wrong then we will lose and can not do anything but hold back the bitcoin we have to avoid the loss, I also experienced things like that and I must be able to control my emotions and patient

[DanielRR1997]

Let's start at the beginning. You may have heard many things about what a cryptocurrency is, but you may still be searching for an understandable definition. I hear ya, I was in the same boat for a long time. Instead of getting too technical, here's the easiest way to think about cryptocurrencies:

https://www.tradingheroes.com/cryptocurrency-trading-guide-beginners/

[Intersan]

So true, based on experience. I have had similar experiences in the past regarding trading. I was also too excited that I really wanted to try trading. To actively set a bidding price in an order and then an asking price afterwards. That is just so sweet to imagine for a newbie. And then in a few days, the sweet imagination came crushing down. The ending will always be a frustrating value of your portfolio. And then I resorted to holding, just like you. But I also did a few swing trades right after that. Kind of holding, only short term.

I am once a newbie trader and just like you I have also set my hopes up when I am trading.  I really thought that trading was easy when in fact,  it is just easy to set what you want but the volatility of the coins will greatly affect how much you are going to earn. More often,  the price starts to get low after the token distribution of campaigns and it would take months before the price starts climbing up again.

For now,  it will be better to hold all coins.  Bitcoin and other coins are still on dump and it is very hard to predict when the price can start climbing up again.

[ducphucmmo]

You maybe right. I think this decision entirely depends on the person himself. If he is not good at trading, then holding will be the best option for him to have a good profit at the end. Even professional traders would really experience loss because no one on this world is a perfect trader which cant really make losing trades. It's normal to get some loses the thing which is important here is that we should end up the day on profits

[strongwarrior238]

Some people will do trading for passion, and some people will take it very seriously, and they are looking their life in this trading. In trading, if you have the patience to wait for the right time you can easily make money. To get profit from trading does look easy but the reality is very difficult, not only takes a long time to analyze the market but also in need of skill about technical and fundamental analysis

[denisaardelean]

I understand if op wants it, the expertise and style of each trader is very different, if we do not dare speculate then it can hold as long as possible until the price becomes clear, it is tantamount to investing in gold assets. Trading can only suck when you rush into it. I am not a very good trader but from what I know, you cannot just rush into trading thinking it is a ball game. There is more to trading than just prediction

[Hoganye]

You maybe right. I think this decision entirely depends on the person himself. If he is not good at trading, then holding will be the best option for him to have a good profit at the end. Even professional traders would really experience loss because no one on this world is a perfect trader which cant really make losing trades. It's normal to get some loses the thing which is important here is that we should end up the day on profits

That the reason professional trader or the whale usually spend more times to create strategy and plan for investment. They do not need to hurry and have wrong decision. They move slowly and follow mentality of other traders on the market. Example the whale,  before pump or dump, they usually use FUD + rumor to check the market first.

[wayancrypto]

Trading actually offer opportunity to gain more profit than holding, but offcource need some knowledge, strategy and management of money. Hold also has the same risk because the volatility of crypto so high,  if you bought crypto on the top and you just hold it so you will lose in big money. Knowledge and strategy is important when make investment in crypto because the volatility so high, so we can minimize the risk.

[cydrix]

Wise decision man. Usually newbie traders or new start traders panic sells if they think they will not profit anymore but the truth is if you hold you coin even longer there is a chance you can profit more than you think.

[MUG1WARA]

in many trades that will happen to you. if your analysis is correct then you will get the money easily but if you are wrong then your money will run out and disappear

[boty]

I think that I can deduce from your problem your main mistake is in your patience, your patience can not be controlled and better practice your patience when playing trading if you really can not be better you buy the mining tool can give you a lot of coin and you just need to sell it.

[emmybd]

As the market has been dropping continuously, so the simple strategy buy low and sell high doesn't work most of the time. Many people have been losing in trading in this slump market. So, a lot of them have started to hold. As other strategies have not been working.

[clex_us]

when we do not have proper trading plans, we cannot expect positive results from trading. I guess how gamblers switch over to fun seeking gambling mode, traders also will switch over to long term plans when they find their trading is not good for fetching them profits.