QUIT "Trading", JUST HODL Bitcoin

[Wind_FURY]

I'm posting the link for this blog without further comment.

 

90% of Day Traders Lose Money — Here’s the Brutal Truth Nobody Tells You

The Numbers Don’t Lie (But People Do)

Different studies show failure rates between 80–95%, but here’s what’s really happening:

The 6-Month Reality Check: Most new traders blow their accounts within six months. Not break even — completely lose their capital.

The 5-Year Survival Test: Less than 5% of day traders are still actively trading (and profitable) after five years.
What “Failure” Actually Means: We’re not talking about having one bad month. We’re talking about losing money consistently until there’s nothing left to trade with.

But here’s the part that hurts: these statistics include people who took courses, followed “proven” systems, and bought expensive software. Education alone isn’t enough.

https://robert-rother.medium.com/90-of-day-traders-lose-money-heres-the-brutal-truth-nobody-tells-you-19533a4b5b43

[Merit.s]

Honestly, I don't know why anyone that wants to pile up wealth for himself in future through bitcoin will jump into trading when we know that trading puts you into losses consistently in the long run because no one can predict the next price movement of bitcoin. They feel because the chart is there but at the end their technical analysis disappoints them and they will put the blame on someone for their losses.


Newbies should ignore trading and put more time into bitcoin long-term investment so that, they wouldn't be wasting their time, resources and energy trading for nothing.

[coinlary]

Even though this isn't  about the new traders,the system itself  is manipulating new traders into believing they can become rich like a random guy they are seeing on social media flexing  by just trading alone in few weeks or months and magically  becoming a millionaire . 
We have a lot of rug pullers calling them selfs trader while some are just totally gambling , I believe  they also add to this list. At the end, nothing beats holding anyway.

[WatChe]

Honestly, I don't know why anyone that wants to pile up wealth for himself in future through bitcoin will jump into trading when we know that trading puts you into losses consistently in the long run because no one can predict the next price movement of bitcoin. They feel because the chart is there but at the end their technical analysis disappoints them and they will put the blame on someone for their losses.


Newbies should ignore trading and put more time into bitcoin long-term investment so that, they wouldn't be wasting their time, resources and energy trading for nothing.

This is very much true that majority lose money in trading. Its important to figure out yourself that whether you can handle wild fire of trading or not, the early you figure this out better it is for you. I don't do trading because I have figured it out that I can't handle it and that's the reason why I switched to hassle free strategy i.e. long term investment. There are traders who are getting good return from trading but they are very few in numbers. Make your decision wisely on whether to go for trading or long term investment because in the end its the individual who will bear the loss.

[Mpamaegbu]

I don't know why people make it look like active trading is a bad omen while forgetting that long term hodlers are also traders. They're are position traders. We can say it's safer to hodl than to trade but that will be for those who aren't skilled in trading. It's wise to steer off trading if one doesn't have a firm grip on trading. However, for those who've a firm grip and understanding of trading; don't be scared to trade.

Forget the figures put up online of trading failure. I'm sure those figures are concocted, and not genuine stats. If I were a Bitcoin whale, I won't be hodling like that without selling off at key levels and buying back. I will make sure not to do it on Futures. Just simple Spot trading.

[Itz-prisigold]

Many people rush into trading because it actually looks like a fast way to make quick profit without even considering how it is so mentally exhausting. Watching your screen every second, reacting to every price movements, and trying to even outsmart the market can be very stressful instead of a strategy, and it is a sure way to burn yourself out quickly. Most people have a difficult time approaching the markets with long term mindset.

More sensible approach is for you to focus on gradually accumulating Bitcoin and allow time to do the work. Staying in the market longer is a natural approach that I believe to be more useful. Bitcoin has already proven that it's real strength tends to appear over longer time, rather than just trading Bitcoin's short term fluctuations. When you have this mindset to just buy and hold for years with your discretionary income, it actually removes all these emotional pressure that comes with you trying to predict the market price.

[icoprofits]

Trading isn't just a money drain, it's a time drain. All those hours staring at charts, reading analysis, managing positions. Meanwhile the HODLer set up a DCA three years ago and hasn't thought about it since.

[AakZaki]

Honestly, I don't know why anyone that wants to pile up wealth for himself in future through bitcoin will jump into trading when we know that trading puts you into losses consistently in the long run because no one can predict the next price movement of bitcoin. They feel because the chart is there but at the end their technical analysis disappoints them and they will put the blame on someone for their losses.

What nonsense are you and OP saying? With this statement of yours I have come to know that you cannot trade properly. Especially with the OP who immediately understood raw what was written in the article, even the OP trusted the author who only had 25 followers. It's really ridiculous.

They say:

The 6-Month Reality Check: Most new traders blow their accounts within six months. Not break even — completely lose their capital.

They are talking about a beginner who trades and runs out of capital. meaning in that context they tell beginners who are trading futures which is why their capital is depleted, then the OP seems to make a misleading narrative, that Trading will not yield anything.

I will explain if you are not a trader, remember that Future Trading is riskier than Spot Trading. I don't think someone who does spot trading will not lose his capital, it's just that the estimated capital will decrease if the price decreases so much.

I have been in this industry for almost 10 years, currently I am still trading and I will say I can still make a profit until this second.

This is my Proof of Trading earlier when I sold all my assets.


I did a Spot Trading When the Price touched 73900$ I immediately sold it, because I knew it was going to go down, and on the question it actually dropped to 71186$.
An Active Trader will not waste profits, but will take them when profits are available.

Newbies should ignore trading and put more time into bitcoin long-term investment so that, they wouldn't be wasting their time, resources and energy trading for nothing.

Again you suggest something ridiculous, I don't think there is the most appropriate step for beginners other than to learn first. Try to imagine if the beginner buys at 73900$ and then you suggest holding it, not that includes losses both from estimated assets, loss of time etc.

[BitMaxz]

I have been in this industry for almost 10 years, currently I am still trading and I will say I can still make a profit until this second.

Well, most people here are not actually traders; they are still part of the beginners. They thought no one was making profit in trading.
The whole point of this is for newbies; those who post above have a negative mindset about trading. They are still part of the beginners who do not have much knowledge about trading, or they don't actually analyze the chart.

I admit at the beginning of my journey trading any coins, not only Bitcoin, most of my trades as a newbie in the past few years were negative, and I experienced to totally blew my account because I thought holding a position without accepting losses and no SL would bring me a good result. I was thinking about a reversal, but it didn't happen, and I lost my capital. I don't have much knowledge at that time, even though I heard that risk management and having SL are very important, but still I didn't use it because some YouTubers that I saw didn't use SL. Pretty bad, I followed the wrong person until I started to journal my trades and gather more knowledge about trading not here on the forum but on the trading forum, which does have history or progress about their strategy day by day or week by week; they have a system in their own and have improved for many years, sharing the mistakes and studying the market movement until they made rules and conditions that improved their profit and win rate.

I believe most of the people who do post here never experience blowing their account as a newbie. I think they should experience the same fate as old traders.
Or they totally gamble by not trading.

[Mrbluntzy]

No body losses more than those enthusiastic traders who just wake up one day, develops interest to become a trader and then go online to look for who will sell dreams of becoming rich overnight just by being a day trader and with such perception, they will start buying courses to study for a week. The 5% percent successful day traders are those that knows the game of money so well, they know too well that making money from the market doesn't happen suddenly, so they are very ppatiens and are probably not day traders but swing traders. Some people are only parenting to be a successful traders meanwhile they are selling trading courses to make money and keep up with the lifestyle they are faking.

[Coyster]

I remember we discussed about a similar topic a few days ago, in that topic, the author put it at "97% of traders lose money". Myself and a lot of other users who contributed in that topic were curious as to how the author came about that number, and i think it was just their personal opinion to make up a story and prolly not from any real findings.

However, there is no gainsaying the fact that traders lose money, particularly traders who ignore risk management methods and trade futures using high leverage. It is up to people to decide if they want to trade or hodl. You can incur unrealized losses when you hodl bitcoin, but it only counts as a loss when you sell, so if you are going to hodl for the long term, then that's a good plan.

[Alphakilo]

I remember we discussed about a similar topic a few days ago, in that topic, the author put it at "97% of traders lose money". Myself and a lot of other users who contributed in that topic were curious as to how the author came about that number, and i think it was just their personal opinion to make up a story and prolly not from any real findings.

However, there is no gainsaying the fact that traders lose money, particularly traders who ignore risk management methods and trade futures using high leverage. It is up to people to decide if they want to trade or hodl. You can incur unrealized losses when you hodl bitcoin, but it only counts as a loss when you sell, so if you are going to hodl for the long term, then that's a good plan.

You know it's possible to HODL Bitcoin and still occasionally trade. It's a good plan but requires good timing and emotional balance to not lose so much and then have to dip hands into the hodling wallet just to trade some more.
Financial discipline would get a trader through this period where the bull season is quite uncertain and looking like a trap, so I guess that's why majority of individuals here would advise to HODL long term instead, inorder to be more profitable.

[AVE5]

The sad truth is that others will not pay attention to informations like this where even those who had undergone through recommended process such that profers high standard level of knowledges which some might convince you that you'll on that course qualify to be a professional trader but yet, they can't keep constant winning just as we experiences in bets where we looses more than our wins and the reliance of running events on luck due to unpredictability of the market.
Some even goes top far in affording bots with the hope to gain additional edge with their trading. Yet they still don't make it successful in the long time due to the risks of uncertainty in volatility.

[Ziskinberg]

You know what is certain with trading? Its the losses that come inevitably. Simply because trading is highly risky that turns any trader getting stressed and even depressed. While few may managed to do it and keep it for long term, but majority were only good at the beginning but slowly they quit trading because that's the right thing to do.

Buy and hold bitcoin instead. There is less risk and less stress, and everyone is making clear profits. Than trying hard with trading and risk even your lifetime savings, but still you only get one thing in the end, LOSSES.

[Zaguru12]

You know it's possible to HODL Bitcoin and still occasionally trade. It's a good plan but requires good timing and emotional balance to not lose so much and then have to dip hands into the hodling wallet just to trade some more.
Financial discipline would get a trader through this period where the bull season is quite uncertain and looking like a trap, so I guess that's why majority of individuals here would advise to HODL long term instead, inorder to be more profitable.

I can confidently tell you that one of the best holders or investors as we call them are traders who are successful because this people have actually learned to hodl risky trades is it less the risky ones that are going to be difficult? The traders are mostly using their profits from trades to actually invest and hodl so they are also good holders too.

The reason why most traders today make it difficult to trade is simply because they just want to make money real quick which is why they end up most of the time skipping basics for trading and that’s why you see loses because to them it’s more like gambling but overall trading is a good and profitable too but the behavior of most trades is why many are scared Are ehfrr

[Joy- maker]

Telling people to quit trading is something I find inappropriate,  because trading is not bad.  Imo,  instead of telling people to quit trading entirely,  advice them to trade with an amount of money they can afford to lose because trading is very risky.

I don't see anything bad in trading,  because trading is just another way of having fun.  i know there people who don't see it that way,  rather they see it as a means for making money.  but even as that,  there are people who see trading as something fun and entertaining,  Because watching the market move can feel like a game.

However,  trading should not be fully treated as entertainment,  because you can lose money in an twinkle of an eye.  trading is just like playing virtual games on gambling platforms.

[batang_bitcoin]

IMHO, it's okay to trade if they already have a stash, a huge one for holding. They tend to play with the market with those trades that they do and that's why they keep on trying without harming their holdings. I am for holding and been doing that and will continue to do it even in the bad days of market because that's the most ideal time to get more Bitcoin. If a trader is profitable and they can add more to their stash, I don't think that's a problem or if they have a minimal amount of funds to lose in it and they can accept it if it didn't do well.

[Fivestar4everMVP]

I'm posting the link for this blog without further comment.

 

90% of Day Traders Lose Money — Here’s the Brutal Truth Nobody Tells You

The Numbers Don’t Lie (But People Do)

Different studies show failure rates between 80–95%, but here’s what’s really happening:

The 6-Month Reality Check: Most new traders blow their accounts within six months. Not break even — completely lose their capital.

The 5-Year Survival Test: Less than 5% of day traders are still actively trading (and profitable) after five years.
What “Failure” Actually Means: We’re not talking about having one bad month. We’re talking about losing money consistently until there’s nothing left to trade with.

But here’s the part that hurts: these statistics include people who took courses, followed “proven” systems, and bought expensive software. Education alone isn’t enough.

https://robert-rother.medium.com/90-of-day-traders-lose-money-heres-the-brutal-truth-nobody-tells-you-19533a4b5b43

I agree, (and maybe I need to add completely too) yeah, 👍 and this is simply Because I my very self have experienced this first hand, like it's often said in my place that when one carries water and and carries oil, he will definitely know which one is heavier..

Likewise have bought and held, and bought and sold (trading) and I know for sure which is more profitable long term and which is simply a gradually way to lose money over time even though at the beginning, it's never seems like it especially if you are making profit from time to time...

Generational wealth can't come easy from trading, but can come easy from buying and holding for the long term.
I remember one time I used to trade the spot market, I could buy up to 150,000 dogecoin and sell it off for small profit in minutes or hours later, but when dogecoin blew up, I realized I had wasted a good opportunity because if I had simply bought and held, I would have turned into a millionaire (in my local currency), but today, put together all the profit I made from buying and selling doge, it can't buy 1000 doge.

[Japinat]

If there's an easy way gain success from bitcoin and make potential profits, that would be HODLing alone. We don't have to make it complicated and believe that trading is way better than HODling just because others claim that trading bring them bigger and faster profits. There are those who are actually trading well, but trading is not for everyone.

And you might be trading in profits now, but could lose in the long run, that's how unsecured trading is. But if you are consistent with buying and hodling, the end profits will also be amazing and life-changing. Don't trust yourself alone, but trust the process as well.

[Pandorak]

You know what is certain with trading? Its the losses that come inevitably. Simply because trading is highly risky that turns any trader getting stressed and even depressed. While few may managed to do it and keep it for long term, but majority were only good at the beginning but slowly they quit trading because that's the right thing to do.

Buy and hold bitcoin instead. There is less risk and less stress, and everyone is making clear profits. Than trying hard with trading and risk even your lifetime savings, but still you only get one thing in the end, LOSSES.

I can’t wrap my head around people who decide to trade. Admittedly, most of them are lured by the profits that can be made in a relatively short time, sometimes in just a few hours if they’re the scalping type. But the funny thing is, not everyone understands the risks, they’re only focused on the quick profits they might make.

Although there are indeed some cases where traders successfully profit from their trades, i dare say they’ll fail in the long run don’t expect to make consistent profits through trading. The surefire way to make a profit is by making continuous purchases with a long term focus, we already have the powerful DCA method.