Avoid trading unless you are sure of what you do

[Coinifyx]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

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[exstasie]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

It's a lot like poker, yes.

You don't have to be an expert, but just like poker, you need to have good risk management. It's really important to avoid big losses with strict stop losses. You also need to trade with a plan, and use statistical edges.

And much like poker, you also have to avoid going on tilt, letting emotion drive losses. It's good to treat trading very mechanically.

[Brawnsugar]

Trading can't be addictive for me especially as the risks are high.

Not everyone trading has matured to the extent of analyzing and placing trade on their own, so they probably have all the parameters set.

Like it's been aforementioned, risk management is vital. Capital preservation is also very vital. You trading plan must include the amount of loss you're willing to take, that will inform the stoplosses

[jaymmagne]

Trading needs a lot of courage and knowledge but if you are a truly risk person then you can just know some project and try tp make some magic on it. It takes a lot of gots in trading and most especially needs time .

[otundebis]

Yes,  trading could be addictive and equally rewarding!  I remembered my first time Trading bitcoin,  I had no clue to what I was doing but I decided to learn through my own experience and I increase my knowledge about Bitcoin,  asset trading etc.  Today,  I have a skill that help me earn more income through trading!

[kkaroul4]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

if in my opinion you better stop the job name like gambling, because it will make your life more difficult if it continues. and if you choose to trade it is better in the crypto world only because the trade is not like a tournament

[Coinifyx]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

I do not think that trading is just like gambling, there are now very good trading signals to find online which can make the best possible profit from cryptocurrencies. I myself use the signals from Cryptocointraders.org. Here you have 89% chance of a successful trade!

Please avoid promoting websites in this thread

[clrpod]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

If you avoid everything until you are an expert in it and are 100% sure of what you are doing, then you will never do anything in life. It pays to be prepared in advance but some things you cannot learn without the experience of really doing them.

[asyakashi]

I describe your personality as very bad for being a trader, a kind of unstable emotion and easily discouraged. sorry this is only a brief analysis. trading is very close to emotional control. I hope you don't give up and make a negative judgment.

[LSt56]

Yes,  trading could be addictive and equally rewarding!  I remembered my first time Trading bitcoin,  I had no clue to what I was doing but I decided to learn through my own experience and I increase my knowledge about Bitcoin,  asset trading etc.  Today,  I have a skill that help me earn more income through trading!

That's right, but if it happens to someone who is easy to give up because of a loss at the start, I'm sure he will give up easily and stop. But actually it is the beginning of success if we continue to work hard and learn from our experience.

[liuqi]

All the traders are must read the articles and procedure of crypto trading. So every beginners are start with small scale trading in Bitcoin or altcoin it will be more promising investment so all the peoples are know about the risk of crypto investment.

[bitvalak]

in trading you need a trading plan so you don't think that this is gambling. In trading there is only probablity, not certainty. You have to manage money management well if you want to survive in the world of trading.

[Bustart]

I describe your personality as very bad for being a trader, a kind of unstable emotion and easily discouraged. sorry this is only a brief analysis. trading is very close to emotional control. I hope you don't give up and make a negative judgment.

We can't prevent these people to give negative judgement upon looking at this current situation of a volatile market, that has been shaken the entire cryptocurrency community. Avoiding trading while there's no certain knowledge about what is behind the actual scenario during crucial times. You need do trials before you start being involved with trading, so you may gain confidence when there's a possible circumstances which may happen.

[wayaneka]

I think trading activity is one of the way to get successfully, just like others kind of business model that will any risk. We should be have knowledge how to minimize the risk by learn more about risk management and trading plan before put money in to this activity. All business model has risk and only by management of risk and money we can minimize it. If we dont take any risk we will never get successfully. Warren Buffett is one of the richest people in the world that make amillion dollar from trading activity.

[Coinifyx]

I think trading activity is one of the way to get successfully, just like others kind of business model that will any risk. We should be have knowledge how to minimize the risk by learn more about risk management and trading plan before put money in to this activity. All business model has risk and only by management of risk and money we can minimize it. If we dont take any risk we will never get successfully. Warren Buffett is one of the richest people in the world that make amillion dollar from trading activity.

Never saw anyone being successful at trading outside of lucky and insiders

[steampunkz]

I am only trading for now because  I need some money because of emergency matters. But for long term trading, I have no greater experience on that. But still learning new ways to double my coins in exchanges.

[xenxen]

you need to learn more about trading before to start of it..this is better than to gambling. in trading if you know what to do and you have a lot of experience to have a profit it is possible to become addicted on this.. losses on first try is part of experience.

[emilanea56]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

It's a lot like poker, yes.

You don't have to be an expert, but just like poker, you need to have good risk management. It's really important to avoid big losses with strict stop losses. You also need to trade with a plan, and use statistical edges.

And much like poker, you also have to avoid going on tilt, letting emotion drive losses. It's good to treat trading very mechanically.

I agree with your view, trading is beside knowledge, it has lots of lucky inside, when I had confusion, I always go out or sleep

[sana54210]

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

There were lots of discussions on this forum comparing gambling and trading but it never got concluded because different people are having different opinions. In my opinion too, if you are not prepared appropriately to face the challenges of crypto markets and more especially against its fluctuations, then it is highly recommended to stay away from the markets. Yes, going without proper preparation is simply a gambling, nothing more or nothing less.

sometime I would like to trade again but I remember the bad experiences I had with it and stop

I just foresee your future that you got all the basic capabilities to become a professional trader because you have already started making use of "your experience" . Yes, your bad incidents are your big experience and whenever you are remembering them then you can avoid losses and then you can find chances to make profits. This is a way, one trader will groom into a professional trader. Good luck .

[detector]

Trading is the great way to make profit rather than taking deposito or bank's monthly interest.
In crypto trading,the risk is greater because the value always change without being expect.
Personally I prefer to hold rather than doing short term trading