trading is good for traders with passive mindset

[justdimin]

Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term.

That "activity" should be something that could be risky for the trader at the same time. There isn't really a big deal at all if you just end up doing a long term investment where you hold it for a decade or more. Whereas a trader would have to be active and constantly do something and that ends up being a terrible situation.

So, just focus on what you are doing at that moment if you are a trader and be always ready for the current situation and always be ready for a drop, so have your stop loss and so forth ready. This way you could limit the loss as well. There isn't really a good deal to be trader to be fair, just be a long term investor and you would be fine.

[Rufsilf]

-~snipped~ It needs hard work and patience which I believe that not all of us have this stuff and these people don't just have a positive mindset but have a certain goal that they want to achieve.

hard work and patience are important, indeed not all traders can control it. Even people who are professionals, if they don't have the patience, will experience losses. A positive mindset and clear goals must be prioritized. Goals include the strategies used when trading. If you can follow the strategy well everything will be safe.

You can't just think it is easy in a job like this (trading). In fact, a lot of people had tried but only a few of them survive and that is because only a few of them were able to understand and had carried the needs of being a good trader. They know that losses can be possible but despite that they still in the courage of doing this as they never reach their goal, and achieve their plan if they are afraid. Having this kind of behavior is special and that is why only a few went successful while many had failed.

[BuNga_cute]

Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term.

That "activity" should be something that could be risky for the trader at the same time. There isn't really a big deal at all if you just end up doing a long term investment where you hold it for a decade or more. Whereas a trader would have to be active and constantly do something and that ends up being a terrible situation.

So, just focus on what you are doing at that moment if you are a trader and be always ready for the current situation and always be ready for a drop, so have your stop loss and so forth ready. This way you could limit the loss as well. There isn't really a good deal to be trader to be fair, just be a long term investor and you would be fine.

It is true that being a trader is not easy, it does not only require good knowledge and analytical skills. But you must be able to control our emotions
well too, because traders must be able to make decisions in a short time and not panic easily. Therefore, the risk is very large compared to
long-term investments, that's why I also recommend long-term investments. Because in addition to lower risk, long-term investment is not like
trading, which should spend more time monitoring and analyzing the market. Traders must have time every day to analyze the market, in order
to be able to make decisions quickly, and can generate profits. Therefore, the stop-loss feature is a must for traders, it is to prevent experiencing
bigger losses if the market moves not according to predictions. But everyone has their own way of making a profit in the crypto world. There are
indeed some people whose passion is in trading. So actually we can't say trading is completely bad, if done correctly, trading can also be a promising
source of income.

[kamvreto]

-~snipped~ It needs hard work and patience which I believe that not all of us have this stuff and these people don't just have a positive mindset but have a certain goal that they want to achieve.

hard work and patience are important, indeed not all traders can control it. Even people who are professionals, if they don't have the patience, will experience losses. A positive mindset and clear goals must be prioritized. Goals include the strategies used when trading. If you can follow the strategy well everything will be safe.

You can't just think it is easy in a job like this (trading). In fact, a lot of people had tried but only a few of them survive and that is because only a few of them were able to understand and had carried the needs of being a good trader. They know that losses can be possible but despite that they still in the courage of doing this as they never reach their goal, and achieve their plan if they are afraid. Having this kind of behavior is special and that is why only a few went successful while many had failed.

I don't think trading is easy, I'm just saying that there are some aspects that really need to be prioritized. Positive mindset and patience are included in psychological control. and for basic trading knowledge you must also have and understand about trading. Those who fail and don't achieve what they want certainly don't understand what trading is all about. Trading is not just buying and selling, but there will be many considerations in it and the profits and losses are certain to occur.

[AnonBitCoiner]

 Why is it that everyone who invests a penny into any cryptocurrency suddenly thinks they have the credentials and experience to become a price speculator and throw their “expert” opinions into everyone else’s face?
I think If most people ever sat back and looked at the credentials of so call "crypto Gods" and actually vetted them, even a little bit, they'd think they were nuts taking any kind of investment advice from those people.  In real life, you'd not even invest $10 cash based on anything they said, but make it crypto and everyone parks their brains and just follows anyone who seems to speak with even the slightest bit of authority, even if that authority was self awarded.

[Toni Ross]

With trading, you don’t instantly become rich. It is a process and takes time. That’s why it is important to remain consistent in your journey and trade with your mind open. I guess everyone should analyse themselves from day one. So they understand what works and doesn’t.

[kotajikikox]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

Trading is not for everyone , this had been the trend i have been read overtime but now i realized that it is wrong,  trading is for everyone that literally interested to learn and earn and not those who were just here to get their profit instantly .

this needs time and effort and of course capital , because in the beginning we must lose first to learn and understand how this moves and how to make it right.

[xSkylarx]

Trading is not for everyone , this had been the trend i have been read overtime but now i realized that it is wrong,  trading is for everyone that literally interested to learn and earn and not those who were just here to get their profit instantly .

this needs time and effort and of course capital , because in the beginning we must lose first to learn and understand how this moves and how to make it right.

But not everyone can manage their emotions properly in trading which is necessary to become successful on it. Everyone can learn those charts, candlesticks, and indicators but only few people are able to control their emotion in different market situations. There are some people I know that have been trading for years that still get greedy when an opportunity to earn huge arises and forgot to stick to their trading strategy.

[maydna]

Being consistent is not easy and I think only people who are serious and willing to learn can do that,
Besides that, patience is also an important thing that must be owned by traders.
especially with uncertain market conditions, it becomes a test for traders

Uncertain market conditions make traders learn more because that can help them analyze the market situation. If they could learn more about trading, they would be able to determine when to enter and exit the market. But indeed, patience is important for traders because they can hold their coins when the market situation is down. They must realize this if they want to survive in any situation because we don't know what will happen next.

Uncertain market with a lot of new things going on, new trends being set since this is crypto, mind you. It meant anyone thinks they can follow a certain pattern, same trick used twice or more won't have the same effect. So even if you are passive, have learn a lot over time, it isn't enough to keep you consistent aka guarantee of profit no matter what the market condition is.

I think they must modify their tricks to work well when the market is uncertain. In addition, people who follow certain market patterns must also analyze further to find whether the pattern is still the same or has slowly changed. But if we are passive in doing nothing, we can only see the market is always changing, up and down, and will always be without us entering the market. This is where we have to be wise in deciding whether to enter the market or keep waiting.

[gunhell16]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

Trading does not care about the emotions that every trader feels. The only thing that matters in a trading platform is to have traders who buy and sell just simple as that. This is the reason why some of here are giving advise to have a knowledge anyhow in trading skills.

Experience is also one of the good things here  in the crypto trading for us to become good and to learn in the future to get profit in the end .

[tbterryboy]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.

I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing.

[electronicash]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.

I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing.

trading is not just short term though. 

someone from youtube which i watched weeks ago was that you can make money in  bull market but you can be rich in bear market. traders who are really patient in investing and buying coins in bear market does have a passive mindset as they are looking forward to what will happen in the future.

[Silberman]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.

I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing.

trading is not just short term though. 

someone from youtube which i watched weeks ago was that you can make money in  bull market but you can be rich in bear market. traders who are really patient in investing and buying coins in bear market does have a passive mindset as they are looking forward to what will happen in the future.

But do not you think that such a move more closely fits an investor than a trader? Anyone buying bitcoin now and expecting to get profits from holding will have at minimum to wait months or even years for that to happen, there is now way this can be classified as a form of trading as at most a trade could last a few weeks and at most a month, and even if a trader did something like that it means that during the time they made those moves they were not really thinking as a trader but as an  investor.

[Cling18]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.

I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing.

trading is not just short term though. 

someone from youtube which i watched weeks ago was that you can make money in  bull market but you can be rich in bear market. traders who are really patient in investing and buying coins in the bear market do have a passive mindset as they are looking forward to what will happen in the future.

Trading could also be good for the short term if you're skilled and knowledgeable about it. Trading isn't just about holding but rather dealing with every market situation. If you want to be a successful trader, you must have the eagerness and determination to adapt knowledge and strategies which is applicable in your trading journey. It should be a passion and not a pastime.

[Jody.Drummer]

How about overcoming the outstanding issues regarding market movements with Fud which must be filtered by a passive trader like you? whether it's just a system of implementing a consistent trading method or getting caught up in untrue news. For example, you will get bad news in the media about a cryptocurrency trade under the pretext that you are in a trading condition and respond to the news to sell it as early as possible.
Doesn't that affect trading? The more you are actively involved in fast trading, the more you will not be able to control at one time. Emotionally disturbed is definitely not an effective way to trade.

[Rigon]

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

No matter what you do, you just have to be more discriminating with the help you render toward other people.If you do anything carefully, you will see that you have had good success from there at some point.Similarly, when it comes to trading, if you are always on the trading platform, you can expect something better from the trading platform at some point.Otherwise if you go from the trading platform to do something inadvertently lazily but you will not learn anything well You can be considered a successful trader only if you can get enough there to trade.

[tygeade]

Anyone buying bitcoin now and expecting to get profits from holding will have at minimum to wait months or even years for that to happen, there is now way this can be classified as a form of trading as at most a trade could last a few weeks and at most a month, and even if a trader did something like that it means that during the time they made those moves they were not really thinking as a trader but as an  investor.

There are differences between traders and investors. But, you could always have it together at the same time, how? Well, if you want to buy something and 15 minutes after you buy, that thing goes up in price then you could sell and make a profit.

But, if you are buying something and then it goes down, then you could hold it for a year and then sell it for a profit. You are the same person, and you bought the same thing, but depending on what the outcome is, you turn out to be a trader or an investor. This is why it is not really that much of a big difference between the two, the difference is what happens meanwhile. If you are willing to do it, then it's fine.

[Mpamaegbu]

So in conclusion trading is for the passive mindset and not for the laggy mindset.

I guess you meant "active" and not passive. Passive should throw us the picture of one not be conscientious in their involvement or dealings. Of a truth, trading should be seen as a profession that ought to be paid the needed attention it deserves. If one were to be serious with it, one should take it as respectable as one views any professional career. Medicine, engineering, law, journalism, just to mention but four, aren't in anyway above trading. You know why? The end product of them all is to put food on the table. That's what trading aims at too. So, why would anyone stress to study those courses at school with seriousness for years and not deem it fit to extend such zeal to trading? That's the major reason people fail at trading.

[Silberman]

Anyone buying bitcoin now and expecting to get profits from holding will have at minimum to wait months or even years for that to happen, there is now way this can be classified as a form of trading as at most a trade could last a few weeks and at most a month, and even if a trader did something like that it means that during the time they made those moves they were not really thinking as a trader but as an  investor.

There are differences between traders and investors. But, you could always have it together at the same time, how? Well, if you want to buy something and 15 minutes after you buy, that thing goes up in price then you could sell and make a profit.

But, if you are buying something and then it goes down, then you could hold it for a year and then sell it for a profit. You are the same person, and you bought the same thing, but depending on what the outcome is, you turn out to be a trader or an investor. This is why it is not really that much of a big difference between the two, the difference is what happens meanwhile. If you are willing to do it, then it's fine.

While the difference may seem small I think it is big enough to cause a lot of trouble for those that are unprepared and do not have the skills necessary to do something like this, after all we know that no one is perfect and we can make mistakes, so the example that you are giving happens a lot as a trader refuses to sell their coins as they go down in value and then they find themselves with so much losses they need to hold their coins in order to eventually become profitable, however the mentality of a long term holder and a trader are completely different so the chances that a trader will learn how to hold their coins for such a long period of time is very low, as it is way more likely they will get desperate and sell for a very low price.

[hashrateproducts]

Trading is one of the basis necessities that brings Profits to a trader. It's certified and generalised that trading is essential in the space and without it, most people could probably not get Profits in the space since 70% are traders and some greedy and are gamblers in the market at that and some just passive with Profits. One with passive mindset wouldn't be too desperate to make money from a particular trade, rather might still get Profits from several trades but a gambling trader would want to get everything in just one open trade and they never get satisfied with what they have, they always feels that it's never enough. So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market.