I see many users talk about trading but does anyone here actually trading?

[poodle63]

Actually trading is not always about with how smart with your technical or chart understanding but more dominance with how luck you are when trading, its not important with how smart and details speculation, research and analyze with some coins want to buy and which ideal price have to entry but depend with your luck. If you have a lot experienced with trading will be easily understood about technical and researching with around price have to invest is not important when whales come and make price suddenly up and easily with drop drastically. I have long with trading but I don't see any most experience trader have consistency always earn profit because many time their prediction wrong due whales make bad or good news and price up or down in short time.

I think trading is simple when you have much money spending for investing with difference kinds price, use 30% your fund for investing in current price of coins and left your capital invest with lower price drop around 10% to 20% regarding with first your entry.

its more about getting good position and just wait it out, if we are lucky we might get double the initial traded capital, many people are usually just cut loss in trading but if its short time frame usually with most of altcoin, we can just easily wait it out usually the price might recover back even though there are some altcoin that might suddenly dumps more than 50% thats where we might try to cut lose I guess since its beyond saving already but here's the thing, with trading thats true that when whales come into play the market will become abstract, there's no such thing as TA anymore since the market are gonna be moving on the direction determined by the whales anyway therefore we need to go with the flow, just make an investment while price is still too low and just wait few days until the price goes up, and the best opportunity to buy is when there has been correction because many time the price will recover once people realizes there's strong resistance at the bottom and then you can be profitting off it. thats my strategy that worked so far.

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[yhiaali3]

I don't know about others, but I myself have tried trading for several years and gained quite a bit of experience. I learned a lot of things during this experience, and I had many bad and good experiences that could be useful lessons for others.

At the moment I am stopping trading and following the long-term Bitcoin hold strategy instead of day trading because I discovered that this is the best thing after having a lot of losses recently.

[AnonBitCoiner]

If you are just holding Bitcoin you can't be called a trader because you are just buying once in a long time. A trader always do a trade, it might daily, weekly or monthly. To determine a good trader he must be profitable, because you can't be it if you were not a disciplined person, didn't have patience, and don't a trading strategy that really works because of journaling and backtesting. If you buy Bitcoin and just hold it, the better word to call you is an investor.

There is a difference between trader and investor as trader will take quick decision and will buy and sell crypto coin immediately whereas in investment people often hold coins as longer as they can and achieve good sum from it by selling during Bull season. One who sell and buy asset on daily basis and on the other hand if someone buy a coin and sell it after years then first person is termed as trader while second one is investor.

I think if someone cannot make difference between these two are unfamiliar with crypto market and has no idea about forward step therefore first step is to learn about trading and investment. Trading is more risky than investment therefore it is suggested that don't loss your money if you are newbies but buy a coin and hold it longer.

[KingsDen]

OP, I want to assure you that at a time, everyone here had tried their hands in trading. I mean everyone must have tried trading and failed at a particular point. Some have given up while others are still trying their best to make profits. Trading is the first thing that anyone who knows about cryptocurrency will like to try. It is believed to be one of the easiest and coolest ways to make money in the cryptocurrency industry. It is when they have involved in trading that they will meet the reality. Trading is not difficult, anyone can do it, but being on a profit radar on the long run is where the problem lies.

I can also confirm to you that those institutions or individuals teaching trading makes more money teaching trading than they make trading. At a point in time everyone, including the newbies will understand that trading is not really for everyone. Not everyone can withstand the tension and emotions involved in trading and that is why many people have given up on trading but have now resorted to giving trading advices.

[BabyBandit]

A new fun meme token you can earn some fast money on. https://www.coingecko.com/sv/coins/yotoshi buy fast, sell faster. I am already on good profit. Going up very fast now, will prob turn around soon. Be aware.

[Fara Chan]

A new fun meme token you can earn some fast money on. https://www.coingecko.com/sv/coins/yotoshi buy fast, sell faster. I am already on good profit. Going up very fast now, will prob turn around soon. Be aware.

The funny thing here is that when the meme token is probably going to turn downwards so quickly, why are you telling everyone here to buy it? In fact, if you tell this earlier or before you make a profit, maybe some people here will consider buying it. Especially if the nature of memes is not for the long term as you have said, where everyone has to buy quickly and sell quickly too. So in my opinion it is a very risky thing if there is a possibility that it will turn around quickly after being bought from now.

[BabyBandit]

A new fun meme token you can earn some fast money on. https://www.coingecko.com/sv/coins/yotoshi buy fast, sell faster. I am already on good profit. Going up very fast now, will prob turn around soon. Be aware.

The funny thing here is that when the meme token is probably going to turn downwards so quickly, why are you telling everyone here to buy it? In fact, if you tell this earlier or before you make a profit, maybe some people here will consider buying it. Especially if the nature of memes is not for the long term as you have said, where everyone has to buy quickly and sell quickly too. So in my opinion it is a very risky thing if there is a possibility that it will turn around quickly after being bought from now.

Yeah meme coins is buy fast and sell faster almost always, I am on quite good profit with them and I buy fast and sell faster almost always.
And where did I tell everyone to buy it? "Buy fast, sell faster" doesn't mean "Buy it everyone come on!" it means more like "Be aware" like I also said after. I also saying it will turn around like it did.
Enjoy your holidays and have a great 2024.  

EDIT: Check this one out, a very funny one: https://www.geckoterminal.com/solana/pools/9th2fcWyB8HJbUSCZTZgtrPzv83bRtn8DUKYqAfHbDLA - PS: Don't buy it. 😂

[peter0425]

Nope , actually only few of posters are trader instead we can call them HODLER  because many of us has no skills and knowledge in daytrading nor scalping so how could be possible that we will engage on that, better to stay safe and there is where Holding comes and yes even me has this containing diversified portfolios.

[BabyBandit]

Nope , actually only few of posters are trader instead we can call them HODLER  because many of us has no skills and knowledge in daytrading nor scalping so how could be possible that we will engage on that, better to stay safe and there is where Holding comes and yes even me has this containing diversified portfolios.

Yep.

https://www.youtube.com/watch?v=ROQNfVc4BYI&t=5745s
Everyone should watch this from 14:25 when he speaks and learn from it.
Great documentary BTW. Project Iceman. The movie is for free now for everyone to see on YouTube.

[bitgolden]

OP, I want to assure you that at a time, everyone here had tried their hands in trading. I mean everyone must have tried trading and failed at a particular point. Some have given up while others are still trying their best to make profits. Trading is the first thing that anyone who knows about cryptocurrency will like to try. It is believed to be one of the easiest and coolest ways to make money in the cryptocurrency industry. It is when they have involved in trading that they will meet the reality. Trading is not difficult, anyone can do it, but being on a profit radar on the long run is where the problem lies.

I can also confirm to you that those institutions or individuals teaching trading makes more money teaching trading than they make trading. At a point in time everyone, including the newbies will understand that trading is not really for everyone. Not everyone can withstand the tension and emotions involved in trading and that is why many people have given up on trading but have now resorted to giving trading advices.

I believe that we are going to end up with something that should be considered a little different, it has to be something that needs to be something special. I know that it is not going to end up with a bigger deal, it has to be something that has a bigger chance of making profit, and that's not always that easy.

I think the sad thing is that those places are teaching BECAUSE they make more money teaching than trading, if they were making profit by trading, like if the things they teach actually worked, then they would not be teaching and they would be trading. Same with bots as well, it's funny that people sell trading bots, if it works so well, trade and make profit, selling is not going to make you richer than a working bot, it's always terrible bots that doesn't make you profit that gets sold.

[Litzki1990]

I can't call myself a trader, but I did buy low and sell high when the mempool was low and there were many exchanges not ask to complete KYC verification.

I'm in profit, but I trade based on my feeling and instinct lol, I don't care with the candle stick, trend etc, but I only check the rumor that has a relation with Bitcoin. Remember I'm not a daily or active trader, I only sell it when the price is higher than the price when I bought and vice versa, I don't mind to wait for a month or longer.

If we think that trading will always make us profit, then we are wrong because no matter how professional a trader is, he will go through losses at some point. But there is a substantial difference between a common trader and a professional trader. When it comes to trading, a professional trader never thinks the way an ordinary trader thinks. A common trader gets frustrated when they lose some money at the beginning of trading but never happens to a professional trader who is patient enough and waits for the market to recover. An experienced trader waits because he knows that the market may return to a good position because he understands the market and then trades.

[kojektea]

yes I am a trader. It's just that the end of this year might be a difficult time because the market usually moves downwards. but I would far suggest buying bitcoin or a long term investment 3 months later to see the price again it will definitely be good. Usually the trend at the beginning of the year or the beginning of the season is always positive, therefore this is my strategy for investing this year. Don't think too hard about the rest, enjoy the end of year holidays with your family.

[Natalim]

I was sure that many members here have tried trading but had quit after suffering losses and when they knew they couldn't make it.
Some of them are now become investors just like me. With my trading experience, I could say that trading is a tough job, it was stressful, especially during bear season. And aside from that it needs more time to spend on the market to analyze the price movement which is why if we don't focus on doing this, we'd rather choose to leave and shift to investing. We don't need to force ourselves if we feel doubts nor do we have to push through if we think we're incapable enough to perform this job because, in the end, we are just the ones to suffer losses and regrets.

[justdimin]

I was sure that many members here have tried trading but had quit after suffering losses and when they knew they couldn't make it.
Some of them are now become investors just like me. With my trading experience, I could say that trading is a tough job, it was stressful, especially during bear season. And aside from that it needs more time to spend on the market to analyze the price movement which is why if we don't focus on doing this, we'd rather choose to leave and shift to investing. We don't need to force ourselves if we feel doubts nor do we have to push through if we think we're incapable enough to perform this job because, in the end, we are just the ones to suffer losses and regrets.

I have to say, with my limited exposure to the trading world, I may not be using a big capital, my amount could be small compared to most, but I still have way too much stress trying to do anything. It's really a tough job, and it's really not as easy as people think it is. And that is one of the biggest problems, people see great traders making a lot of money, and they think it Is just as easy as that, and they do end up with some trouble.

I feel like the best thing we could do at this moment is to take a breather and just invest, because if we try to trade then the results could be very volatile. It will be the bull season that will be coming up, and plenty of people will make some profit, which will make them think they are great, and they will keep doing, and lose it all when bear starts.

[Webetcoins]

yes I am a trader. It's just that the end of this year might be a difficult time because the market usually moves downwards. but I would far suggest buying bitcoin or a long term investment 3 months later to see the price again it will definitely be good. Usually the trend at the beginning of the year or the beginning of the season is always positive, therefore this is my strategy for investing this year. Don't think too hard about the rest, enjoy the end of year holidays with your family.

Huh? But I think trading has no boundaries. Downward or upward, traders will always have ways to make a trade and profit. They can also use different cryptos and I'm sure that there will be cryptos who moves differently from the crowd. Even a downward movement is not bad because we can buy the coin cheaply but we should only be sure that it's a good coin, as it can also recover. Investing is definitely different from trading.

Maybe this is what you really are doing? 3 months is I think not what you call a long term, but it must be 2 years or more. BTC still works even for the short term. We should only choose if which we are comfortable with.

[Kelvinid]

Just to know OP that many members here had left trading due to the unbearable market condition and failed their goal but their experience remains on their minds. They are probably afraid to share their stories because they feel like a loser in this field.
In fact, until now I can still remember my first trade, not to mention how much I earn but it is just a small amount as my capital is also small (minimum).
Based on my experience, I could say that there is a good and bad time in trading as the market condition will really affect it. That is why I do trade during the bull season as the prices are moving high and become a holder during the bear season due to dropping prices. We need to practically go along with the market conditions to avoid big losses.

[Franctoshi]

Op, If it's easy, then what makes it difficult to make money?, or should we say learning is easy but difficult to understand.

It is easier said than in practice, and Its evidence that trading isn't easy is that 95% of traders lose money in the market, What do that 5% that profit learn differently from the 95%? if it is something very easy to learn as you have said, then we would have had majority making money from the market, so since the percentage of people is losing money, in this aspect I think it's not wrong to say it hard.

[Captain Corporate]

I feel like actual trading is done a lot less than that talk of a trade. You can't just keep on trading daily constantly, some people do but not every single person. I feel like we should consider this situation to be a bit different, and maybe we could just consider it like talking is free and you get to do whatever you want with it. I understand that it may not look like there is a big deal with talking but sometimes that hurts as well and we should be considering that as the biggest deal. I understand its not that easy, and we need to just keep it going with the actual trading, but as long as one has the potential to lose money and the other is free to do, people will definitely keep on talking way more than they actually trade.

[tygeade]

Just to know OP that many members here had left trading due to the unbearable market condition and failed their goal but their experience remains on their minds. They are probably afraid to share their stories because they feel like a loser in this field.
In fact, until now I can still remember my first trade, not to mention how much I earn but it is just a small amount as my capital is also small (minimum).
Based on my experience, I could say that there is a good and bad time in trading as the market condition will really affect it. That is why I do trade during the bull season as the prices are moving high and become a holder during the bear season due to dropping prices. We need to practically go along with the market conditions to avoid big losses.

That is not really a bad idea to be fair, I mean when you can make so much money from investing long term, trading doesn't really look that appealing to many people. I am not saying that nobody should trade, but at the same time it just doesn't feel like such a big deal neither.

I think that the best thing we could do right now would be making sure that we are dealing with something that should bring in as much money as possible. I hope that people could see that as a good idea, and we could make the most out of what we are dealing with. If trading is not making you enough income, then why even think about it?

Why risk your money trading and potentially make a loss, when you could just hold long term and make profit that way. I personally have done lesser and lesser trading in the last three years, and mainly just accumulate and get as much bitcoin as possible to hold long term, and I mean like maybe a decade if I can, that way I know I will make some profit.

[carlfebz2]

Just to know OP that many members here had left trading due to the unbearable market condition and failed their goal but their experience remains on their minds. They are probably afraid to share their stories because they feel like a loser in this field.
In fact, until now I can still remember my first trade, not to mention how much I earn but it is just a small amount as my capital is also small (minimum).
Based on my experience, I could say that there is a good and bad time in trading as the market condition will really affect it. That is why I do trade during the bull season as the prices are moving high and become a holder during the bear season due to dropping prices. We need to practically go along with the market conditions to avoid big losses.

That is not really a bad idea to be fair, I mean when you can make so much money from investing long term, trading doesn't really look that appealing to many people. I am not saying that nobody should trade, but at the same time it just doesn't feel like such a big deal neither.

I think that the best thing we could do right now would be making sure that we are dealing with something that should bring in as much money as possible. I hope that people could see that as a good idea, and we could make the most out of what we are dealing with. If trading is not making you enough income, then why even think about it?

Why risk your money trading and potentially make a loss, when you could just hold long term and make profit that way. I personally have done lesser and lesser trading in the last three years, and mainly just accumulate and get as much bitcoin as possible to hold long term, and I mean like maybe a decade if I can, that way I know I will make some profit.

Really matters on your preference since not all would really be that profitable or would really be able to survive on doing active trading on which means that they would rather be choosing on holding or making investment on which it isnt really that a bad choice either.Not all would really be doing trading would become successful and this isnt something a skill that could really be learnt in a short period of time on which means that you would really be needing to put some efforts for some time and do make some use of capital for you to at least know even with those basic principles on which it would be helpful towards your trading career.
Speaking about if people are really that indeed trading then they wont really be boasting it out publicly. If you do see that it is really that a bit quiet then you do really know that not all would really be
showing up on the things that they are dealing with.

Its not necessary on boasting yourself as a trader because you dont know on who are the ones who do make actual trades and who are the ones who are really just simply holding.
So it would be better that you should really be mindful about your own actions rather than hassling or making yourself that too mindful about others actions.