Question for experienced traders

[Ruttoshi]

Imagine that you spend too much time and money on trading and you still run at loss, it sucks and no one will be happy that he is trying to make profit but running at loss most time because you want to be a trader. The market is not predictable and that is what makes it look as if trading is gambling.

I decided to hodli because I realize that buying and hodli is a future plan and that is where you get more profit from instead of throwing away your money on trading. Bitcoin price increases overtime and it gives me more reason to continue hodling because it is an investment.

[Rruchi man]

I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?

Deciding to quit trading after being involved for a very long time can be a very serious decision to take, and a decision that definitely will not be taken from a position of excitement. The majority of traders who decide to quit trading are those who have suffered severe losses or a series of consecutive losses and have found no way to make progress in trading. If someone is profiting from trading, the only other reason that person may stop trading may be health-related challenges.

When someone gets to that position of depression from losses or health risks, nobody will advise you; you will advise yourself.

[bitgolden]

I personally started doing that because it took less effort and gave sometimes even better results. Don't get me wrong, this isn't true for everyone, some people may make a lot more money during this period and I will totally understand that, but that doesn't mean that we are going to be all the same, for me long term holding is either equal or even greater than most trading results, depends on the period of course but that is the case most of the time. So I thought, why work hard and have the same result, when I could just DCA and wait, without working at all, and relax mostly? That would make it easier to handle and I would say that it is not really that complicated to handle neither.

I believe that we need to make sure that we handle all of this by putting up a good period, and because of that I believe that the best thing to do would be just realizing it's all fine, nothing major would be going on, and it would be a better option for me. That way, I have been a long term holder for a while, and the return has made it possible for me to make some profit as well, been doing great. If I trusted myself enough that I could make more from trading, then I would have been trading now.

[$weetne$$]

It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

When you are very good at trading and can make money when you open a trade, you do not have to quit. Trading is not bad or stressful if you are making profit. The people that should stop trading are people that are not making any money because they did not learn how to trade or are not having any luck. You can do both because trading can be giving you money that you use in buying Bitcoin and hodl. Experience trader would not tell you to quit trading, they can only tell you to take a break if trading is becoming too much for you to handle and when you have your energy you can resume. You can also stop trading daily and trade only during the weekend or weekly depending on how your schedule is and how it will be comfortable for you so you do not see it as being stressful but to enjoy what you are doing.

[Silberman]

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

-Regards

Most traders quit because they are unable to obtain profits this way, and it is not surprising at all as trading is too hard and requires a great deal of skill for any profits to come, the issue is that becoming an investor can be very difficult for those former traders too, and that is because they are used to react to any movement on the markets and buy and sell coins based on those short term movements, while an investor needs to be way more resistant to that volatility and avoid making any kind of move based on it.

[letteredhub]

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

-Regards

I was once trading regularly out of financial demands that were hanging on me as responsibilities, and the need for  money increased my trading habiit causing me losing money than I was expecting to make. Somehow I managed to solve much of those demands and, I had to stop trading, not really in that sense of  quiting but I now trade only when I encounter an opportunity in the market (and that means I can stay for weeks without trading unlike before). I can basically say i do more of investment hodling than with trading for now

[Fivestar4everMVP]

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

-Regards

For me, it's really been I while I quit active trading and have given my time to investing, and this is not exactly because I am no longer interested in crypto trading, due to loses or what ever, but then, its simply because trading crypto, and not just crypto but trading in general requires a lot of time, intact, it consumes time.

If you are an active trader, rest assured you likely will not have time to practice or engage yourself in other activities, because those time you should spend on other activities is possibly the time you are spending; analyzing the market, reading the news so as to get an idea of what to trade next.

Focusing on crypto investment allows one much ample of time to do or participate in other activities, which could range from running other businesses and such, it's important that we all understand that trading is not the only means through which we can make money from crypto, and once one focuses on trading alone, it most of time don't or won't allow that person the time to check out other means of making money from crypto as well.

[justdimin]

For me, it's really been I while I quit active trading and have given my time to investing, and this is not exactly because I am no longer interested in crypto trading, due to loses or what ever, but then, its simply because trading crypto, and not just crypto but trading in general requires a lot of time, intact, it consumes time.

If you are an active trader, rest assured you likely will not have time to practice or engage yourself in other activities, because those time you should spend on other activities is possibly the time you are spending; analyzing the market, reading the news so as to get an idea of what to trade next.

Focusing on crypto investment allows one much ample of time to do or participate in other activities, which could range from running other businesses and such, it's important that we all understand that trading is not the only means through which we can make money from crypto, and once one focuses on trading alone, it most of time don't or won't allow that person the time to check out other means of making money from crypto as well.

That is not a bad decision, trading could put a toll on someone's soul, and long term investment is easier, and gives you a profit anyway. The reality is that spending that much time on ANYTHING would be bad, it is not just about trading. But the amount of time trading requires you to do, while you just get around, is not an easy choice and should be something that will take a while, I would highly suggest that you do not deal with anything like that, because 99% of traders end up in big frustrations alone.

The amount of time we are giving to concentrate for profits in trading, definitely will not pay in equal proportion. But, the patience we have on investments definitely will have better influence in returns.

[YOSHIE]

I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?

As far as I know, those who have been involved in the crypto market or the crypto world for a long time, say those who are experienced, they will do both, trading and investing are two different things and the goal is the same as money/profit.

I personally have no motivation to stop trading and so on, I will do both, the motivation is embedded in me to do both investing and trading.

It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day

As I said above.

Maybe you followed the advice of your friends and quit trading

No advice, friends are friends, look for food, don't bother, that's my principle, friends can't make the decision to stop trading for us, but at this moment, no friend has given me advice to stop, that's my one hundred percent right.

[Webetcoins]

When we start trading we are very excited. There are many things about the market about coins that we don't know when we stay in the market. Sometimes we gain and sometimes we lose. However, we gain experience. If we do it, then we slowly understand the market and understand what we can get more profit in.

I don't think that people who invest and hold for a long period of time will quit trading because of a loss. This is my personal opinion. People may have different opinions. People understand the market very well and know the importance and movement of the coins, they decide that instead of taking a small daily profit, we will get more profit together, so they hold for a long time. And it's not like they quit short-time trading altogether, a trader can never quit trading if he is truly a trader, he will continue to trade.

People who lose in trading, don't really understand the market and when they lose, they never make long-term investments, they quit trading, go somewhere else, or do some other business. They will do anything, but they are not in trading, especially holding and long-term investment, they will not do it at all.

[Viscore]

I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?

Deciding to quit trading after being involved for a very long time can be a very serious decision to take, and a decision that definitely will not be taken from a position of excitement. The majority of traders who decide to quit trading are those who have suffered severe losses or a series of consecutive losses and have found no way to make progress in trading. If someone is profiting from trading, the only other reason that person may stop trading may be health-related challenges.

When someone gets to that position of depression from losses or health risks, nobody will advise you; you will advise yourself.

Truth be told, money is nothing when your health is already at risk of losing, so as much as you want to trade for bigger and sustainable profits, your body and health might become a big barrier so you end up quitting trading for good, to stay relaxed from all stress and pressures that trading is capable to bring.

This could be a very heavy decision, but if I were in that situation, health is wealth so it will always be my topmost priority. After all, bitcoin long term investing will still make you profitable in the long run, add to that that it’s less risky and less stressful compared to trading.

[Kemarit]

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

-Regards

For me, it's not that I lost big amount, it's that I can't get the profit that I wanted and it's taking so much of my time, and so yes, it's really fatiguing and not getting the results that you envisioned. So I just quit while I'm not in the a big negative losses. And then I became a proponent of trading is not for everyone. Specially if you are not a person that doesn't like risk, you might end up making the wrong decision or simply might regret not taking this and that trade.

So it's not that easy as it sounds like, nothing against those who are very successful and making a lot of money in trading, then good for them. But again, it could not fit everyone as we have different mindset in terms of risk and we all know that trading is like gambling or at least they have similarities.

[Catenaccio]

For me, it's not that I lost big amount, it's that I can't get the profit that I wanted and it's taking so much of my time, and so yes, it's really fatiguing and not getting the results that you envisioned. So I just quit while I'm not in the a big negative losses.

Trading requires time spent for it and it can affects your time budget for other things like being active physically. Trading is not for everyone to get profit and most traders get loss, not profit. Your decision to quit trading when you feel it is not fitted for you and you can not do well trades to get profit as there are other ways to  increase your capital, gain profit by investment into good assets and Bitcoin gives you chance to invest in it, get richer with it. You only need to secure your wallet, bitcoin safely and hold it to wait profit comes passively.

And then I became a proponent of trading is not for everyone. Specially if you are not a person that doesn't like risk, you might end up making the wrong decision or simply might regret not taking this and that trade.

Trading or investment, there is always risk and you have to accept risk, take it in either trading or investment. It's just risk with Bitcoin investment is a lot smaller than risk of trading Bitcoin.

So it's not that easy as it sounds like, nothing against those who are very successful and making a lot of money in trading, then good for them. But again, it could not fit everyone as we have different mindset in terms of risk and we all know that trading is like gambling or at least they have similarities.

If they don't have good risk management and capital management, trading is simply not for them but to succeed with trading, they need more than that. Other requirements like knowledge about fundamentals, technical indicators for trading, good discipline to do well in both risk and capital management, and enough experience in the market. Maybe more and if a trader lack of many of these things, it's more like gambling, like you said, than trading.

[fuguebtc]

If they don't have good risk management and capital management, trading is simply not for them but to succeed with trading, they need more than that. Other requirements like knowledge about fundamentals, technical indicators for trading, good discipline to do well in both risk and capital management, and enough experience in the market. Maybe more and if a trader lack of many of these things, it's more like gambling, like you said, than trading.

Even if you have all the necessary elements to be called a professional trader, there is no guarantee that you will make a profit from trading or that making a profit from trading is easy .  Because even if you use all the knowledge and skills you have, you will never be able to predict unexpected factors, or manipulate...Therefore, there will always be certain risks in trading and making profits from it is not easy .

Bitcoin is unpredictable because there are always unexpected impacts, events, or shark manipulation in the short term. Therefore, to minimize the risks from those things for ourselves, long-term holding will be a much better choice.

[Wapfika]

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?

Just look on the chart will give you an idea that a simple holding will keep you away from stress of trading while you can gain same profit or more if you will just hold without the risk of losing, only paper loss on investing.

What motivates to push holding is the experienced of being left behind right after I sold my holdings which I can gain more profit if I just hold.

If you are not so pro trader, much better to hold rather than trade blindly.

[Awaklara]

It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

when you have difficulty getting profit from your trade, maybe you need to do something else. I was in a situation like that when trading with more experience I have led to saturation when the profit obtained is not satisfactory enough.
I didn't leave trading. because sometimes I still do it even though it's not routine, and it's more fun and I enjoy it. focus on investing in Bitcoin, and keep increasing the amount you hold. you can trade or do other activities, but ensure it doesn't interfere with your investment.

[Mr. Magkaisa]

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

-Regards

        -     For your information, crypto trading is very broad. If I base it on my experience, I first faced frequent losses before reaching the point where I usually get a profit.

Because even though you know a lot about trading, there are still arguments when it comes to technical analysis, which is very different when it comes to the actual trading activity itself.

[Wexnident]

~

Cause im dumb. And impatient. Mostly impatient I guess, which lead to dumb decisions. Took a bit of time to realize but it was pandemic at the time so I had plenty of it. Stopped and took a break for like a year I think? Or a year and a half. Still looked at the market and stuff but didn't trade myself. Glad I didn't lol since I tested some of my "hypotheses" and most of them lost me money.

Ever since then I just went to DCA (when I started doing crypto again). Glad I did.

[Asiska02]

Hello,friends
I have a question for experienced traders who have quit trading and started to engage in long-term investing or plan to do so
What motivated you to do it?
It could be big losses on the stock exchange,fatigue from trading itself or money that allows you to invest in cryptocurrencies and not to trade every day
Maybe you followed the advice of your friends and quit trading
Any stories are interesting

-Regards

I don’t have a story of my own to tell in that regard but what I think make someone that experienced as you said quit trading must have to be something huge that cannot be neglected. As an experience trader, I can’t see any possibility of you leaving trading. If you’re that experienced, you would be profitable already and if you’re already, what could be the reason you want to stop trading. It all falls back to your psychological mindset to be able to hold and be consistent in your trading that will determine you leaving or staying. Over all, what I still think is that if you’ve made up your mind to make that money from trading, you won’t leave no matter what it losses you might have gotten from there.

[Zaguru12]

Even if you have all the necessary elements to be called a professional trader, there is no guarantee that you will make a profit from trading or that making a profit from trading is easy .  Because even if you use all the knowledge and skills you have, you will never be able to predict unexpected factors, or manipulate...Therefore, there will always be certain risks in trading and making profits from it is not easy .

Bitcoin is unpredictable because there are always unexpected impacts, events, or shark manipulation in the short term. Therefore, to minimize the risks from those things for ourselves, long-term holding will be a much better choice.

On this I will say there is no guarantee too that you will be able to make profits from holding too, because it’s basically a form of trading or rather prediction too but only has less risk compare to the future trading. The unexpected factors or manipulation (although this is for Altcoins)  that you mention are also in the case of holding of coin but the risk is minimal due to its longevity

There is no guarantee of success in both but only past experiences is what derives the believe of investors that they will be able to Make profits investing, same as trading. The Reason for all the technical analysis is just to catch the trend and also check where bitcoin reacted to in the past, with proper risk management as stated you reducing your risk to reward which will make you profits. So with this knowledge you can definitely make Zoe
 Profits from trading.