Keep proper distance but not losing passion

[TheUltraElite]

the crypto trading platform is a little bit similar to the forex. one needs to practice and learn the market before taking a step out. practise they said make perfect. it is a matter of time for whoever that wants to trade to bend down and learn the basic of trading. Another issue that attracts most traders close to the market is fear of missing out.

Forex you say? One of the major similarities is that they are both about currencies being exchanged but that is not important here. Bitcoin and altcoins are something that is beyond the Forex market.

People sell on Forex regularly and buy new ones but in crypto people rarely sell. This is because hodlers are found mostly in bitcoin and some altcoins and they are hoping to see huge gains for which they are patient. You could start buying at low price and you wont get a good price to sell at so easily. So you would have to wait it out. Both are speculative markets though so if you feel happy with one then invest there.

[devis9990i]

I think that means this. Do not let emotions control you. Relaxation allows you to connect with intuition and take a fresh look at things. Perhaps this will achieve great success in trade.

You're right. It's important to keep your emotions uder control and be patient.You have to always be focused and don't panic at every market fluctuation

[Lanatsa]

the crypto trading platform is a little bit similar to the forex. one needs to practice and learn the market before taking a step out. practise they said make perfect. it is a matter of time for whoever that wants to trade to bend down and learn the basic of trading. Another issue that attracts most traders close to the market is fear of missing out.

Forex you say? One of the major similarities is that they are both about currencies being exchanged but that is not important here. Bitcoin and altcoins are something that is beyond the Forex market.

People sell on Forex regularly and buy new ones but in crypto people rarely sell. This is because hodlers are found mostly in bitcoin and some altcoins and they are hoping to see huge gains for which they are patient. You could start buying at low price and you wont get a good price to sell at so easily. So you would have to wait it out. Both are speculative markets though so if you feel happy with one then invest there.

I can attest to this since ive been a forex trader before and selling and buying is indeed active compared to crypto which you can potentially hold up for longer terms since you do know the rate or level of volatility that can give out potential profits which is more bigger than forex or stocks trade but somehow in exchange the risk involved is somewhat higher compared to traditional trading but people do love to risk up for the sake of that possibility.Losing is inevitable but giving up easily wont really be ideal since these are stepping stones for you to succeed and learn up to sustain yourself for longer runs.Determination does depend on a certain individual because others don't easily give up while others cant.

[TheUltraElite]

Losing is inevitable but giving up easily wont really be ideal since these are stepping stones for you to succeed and learn up to sustain yourself for longer runs.Determination does depend on a certain individual because others don't easily give up while others cant.

Probably you can tell us more about how forex actually works so as to educate some of the folks here who think that any type of speculative trading is essentially going to a loss if you are not determined and have done some basic analysis of price charts.

Sometimes I see people talk about how bad trading bitcoin has been for them and declare that they are moving on to forex. They are just angry and this is the anger outburst. You cant help them because they are faulty at their preparation phase.

They think if they put their money in any market they will make big profits, but they forget that if it was so easy then nobody would be poor today.

[Serj88]

Frankly speaking, everyone will have their own result in trading, because it is influenced by a huge number of factors