I am trader - therefore I have to trade ?

[savetheFORUM]

At the end of the day aren't you trading? Even you are holding it; it's kind of trading as well. It's normal; when you see the opportunity, then you will take entry on the trade. That's what everyone has been doing: a few trades daily, weekly or monthly. It's all about your own strategy. 'Trader' doesn't mean you have to trade the whole day or week.

If you don't trade ever, then there is no chance to call you crypto traders.

Yeah I agree, nobody is forced to trade every single day, that is not the requirement to be a trader. Many professional traders don't even do that, there are even days you do absolutely nothing.

This is actually a very good thing about being a trader, because you can literally take days off and then come back. Important thing is to trade what you believe in and if you can see an investment that you believe in and think that it will do fine then you trade that, you buy when you think you should and sell when you think you should.

[Zanab247]

How can you find out you have something to trade that will bring out profit to you? Not that am against searching what to trade but the major thing that is motivating traders to visit the market is to know what is happening in the market, either to trade to earn profit or continue observing the price till they are satisfied. Moreover, when you have this experience towards trading, you don't need to ask too much question before you can trade your coins in the market, because you know the price that will hit the market that will make you believe there will be massive profits when you trade.

A trader must know that there will be gain and lost in the market, because some don't know how to trade to make sure they achieve what they want from their trading. Don't trade when other traders are trading when you don't make your own research to know if it will going to be profitable or not.

[lizarder]

Our main task is not to trade, but find, study and judge opportunities. And actually trade only in this relatively rare occasion when the opportunity (for example strong undervaluation or overvaluation of the asset) is judged worth exploiting.

Everyone hopes to benefit from their trading process and indirectly increase profits each time they engage in a trade. The reality is that it's not easy because trading is much riskier, especially for those who engage in it without proper knowledge and skills. Many people think they can make money easily in trading, so their motivation for engaging in it is solely about how to make money, but trading doesn't always go as we desire.

It's better to engage in fewer trades but with a much greater chance of profit than to trade constantly and frequently experience losses. Experienced traders wait for the right moment to enter the market, not rushing to be seen in trades at all times. This is what makes professional traders more successful in trading compared to ordinary traders who do not have a strategy in trading.

[Pandu Geddon]

Our main task is not to trade, but find, study and judge opportunities. And actually trade only in this relatively rare occasion when the opportunity (for example strong undervaluation or overvaluation of the asset) is judged worth exploiting.

Finding, studying, and assessing opportunities is something that traders should naturally do. It doesn't matter whether you trade every day or only when you want to trade. What is certain is that if you don't see a profitable opportunity, it's better not to force a trade. We know some day traders always open trading positions. It's not that they don't know how to trade correctly, but they are trying to make money.

[Leahized]

That's what people think of what traders should do, they should have never end the day without doing any trade at all. But that's wrong, trading can be done in a few times and what you're aiming is to profit and not to trade a bunch of it that's dealt to lose your money. And even investors, we also have to trade when we're about to take profits and that's what they need to understand that in either of it, investor or being a trader, trading is always needed and included.

Yes, he has some capital with him. For example, a trader trades for profit. And a businessman works hard to earn money. But one should not be too optimistic for trade. Because there is a lot of risk here. We can never make the right decision.So try to earn a small amount of money. There are many traders who want more profit and increase their wealth quickly And at the end of the day they face the most losses. But the situation of investors is different because they never lose if they hold for a long time. Finally, there is no substitute for patience.

[Wakate]

Yes, he has some capital with him. For example, a trader trades for profit. And a businessman works hard to earn money. But one should not be too optimistic for trade. Because there is a lot of risk here. We can never make the right decision.So try to earn a small amount of money. There are many traders who want more profit and increase their wealth quickly And at the end of the day they face the most losses. But the situation of investors is different because they never lose if they hold for a long time. Finally, there is no substitute for patience.

Trading is very risky and anyone trading should understand that there is no certainty that he is going to be profitable.
You can make profits today and be very excited and you decide to trade the next day and lose the money because the market is rough and due to your impatient, you were unable to make profits. You can start losing money for nothing even when your signal is right.

[Oluwa-btc]

Our main task is not to trade, but find, study and judge opportunities. And actually trade only in this relatively rare occasion when the opportunity (for example strong undervaluation or overvaluation of the asset) is judged worth exploiting.

Being a trader means you trading but basically in a very disciplined manner, most people see trading as time wasting and draining because they find it hard to understand how it works inorder for them to be profitable in it.moreso while trading you unravel strategies that either work or not so then trading wisely is advisable cause the same strategy  that works perfectly for another may not for you.

[r_victory]

After studying the opportunity, the market, and the possibilities, what will you do? Buy or sell! For me, the purpose of being a trader is to trade; there's no other purpose in reading charts, news, and constantly keeping an eye on the market. If it's only for information, you become an analyst; if you move on to practice, you trade. I found the topic's objective a bit confusing.

[Issa56]

Trading is very risky and anyone trading should understand that there is no certainty that he is going to be profitable.

That’s the mistake most newbies do make, they just believe that immediately they start trading, they going to be making money and they not going to lose, but they don’t even know the risk involved in trading. Before you start trading, you should know it’s so risky and you are suppose to be prepared for the risk, if anyone tells you to follow there signal and you not going to lose, just know that the person is just deceiving, and the person is having a personal motive.

[gunhell16]

There is one important mistake, totally wrong association from many other (or even most) professions:
drivers drive (almost constantly, vocation time excluded),
teachers teach,
nurses nurse,
beggars beg,
cooks cook,
sportsmen make sport
and so on.

And we conclude that in order to be a trader, one have to trade as well...
No !
Our profession is fully different in this aspect - we are more similar to poets whose main work is rather to be (to BE as awake and curios and sharp, eager to perceive, find and exploit every opportunity outside and inside) than to write, writing is secondary, there are great poets who have not written a single word and many who have written ridiculously little.

Our main task is not to trade, but find, study and judge opportunities. And actually trade only in this relatively rare occasion when the opportunity (for example strong undervaluation or overvaluation of the asset) is judged worth exploiting.

If we're not actually trading on the different cryptocurrency exchanges, we can't truly call ourselves traders. Naturally, it doesn't operate that way, but being a trader doesn't imply we have to constantly purchase things to trade. It is imperative that we match our trading to our real-life circumstances.

Naturally, our plan must be based on our own skills, including our living arrangements and our money sources. Compared to other traders who are only beginning to use this as an extra source of income, we have a significant edge if we already have firms operating in the cryptocurrency field. As traders, we should also be aware of the classifications we belong to,
such as scalpers, sideways traders, or long-term or short-term traders. At the very least, we ought to be aware of our position within those levels.

[Ever-young]

Trading is very risky and anyone trading should understand that there is no certainty that he is going to be profitable.
You can make profits today and be very excited and you decide to trade the next day and lose the money because the market is rough and due to your impatient, you were unable to make profits. You can start losing money for nothing even when your signal is right.

honestly, no one is capable of accurately predicting the market’s next move, even with all the charts and candlesticks, there’ll always be something you’ve missed, and this makes trading inherently risky and untrustworthy, that’s the reason most people consider trading to be gambling, because they actually do share very striking similarities. So everyone who’s into trading, whether an OG or a novice should at all time remember that they can’t always rely on their skills, so as to avoid feeling overconfident and relying heavily on their skills which sometimes could proved to be flawed.

[Emitdama]

Everyone hopes to benefit from their trading process and indirectly increase profits each time they engage in a trade. The reality is that it's not easy because trading is much riskier, especially for those who engage in it without proper knowledge and skills. Many people think they can make money easily in trading, so their motivation for engaging in it is solely about how to make money, but trading doesn't always go as we desire.

It's better to engage in fewer trades but with a much greater chance of profit than to trade constantly and frequently experience losses. Experienced traders wait for the right moment to enter the market, not rushing to be seen in trades at all times. This is what makes professional traders more successful in trading compared to ordinary traders who do not have a strategy in trading.

Agree, I have seen both styles by the way. I have seen people who try to go with few big trades, and people who even used bots to make thousands of small trades. There was this bot, who calculated all the costs, like trading fee and what not, and traded in a way, if you were left with even one satoshi profit after all the fee's and costs, then it would sell.

So, it would constantly buy hundreds of stuff and sell as soon as it can. Downside of that was the fact that you profit tiny, but if it doesn't, then you hold a bag for very long, sometimes even years until market recovers.

[Zigabel]

Trading is not just about the market and charts alone, you can also invest as a trader, you invest  small in the same place where you have been trading and get some profits when your investment matures, you can even go further to teach people, and there are other nich in trading you can explore and not just  the act of trading as a trader, it's mostly been a mentality and a taught to many as to what they have to maintain to be seen as traders, only doctors can train someone to become a doctor, so it is with traders, only those who are traders can support and train traders.

There are many other things as a trader you can do with the crypto space and the financial market space to make more impacts and earn some more money too doing what you know how to do and love to do.