QUIT "Trading", JUST HODL Bitcoin

[Z_MBFM]

Everyone advises holding instead of trading and we also advise this but at maximum times we ourselves cannot follow these things properly. Because when the market is more volatile, we get too excited and think that at that time we should sell our coins and wait and buy the coins at a lower price. Although these things work some of the time, at maximum times our predictions are not correct, that is why we are more engaged in trading than holding. These things happen to me too but I always try to hold because only holding can definitely give profit.

[Issa56]

Most traders don’t really take time to learn about trading thats why most of them do blow their accounts at the end. They are so desperate to make profit from trading, they don’t even take their time to learn about it, they do decide to jump into trading, which at the end they going to jump out.

Trading is profitable for people that really understand it, but if you don’t take your time to learn about it, then you going to be losing. Also we should know that no matter how knowledgeable you are about trading, you still going to be losing sometimes, you can’t be making profits always but we should make sure our profits is more than our loss.

[Dewi Aries]

Most traders don’t really take time to learn about trading thats why most of them do blow their accounts at the end. They are so desperate to make profit from trading, they don’t even take their time to learn about it, they do decide to jump into trading, which at the end they going to jump out.

Trading is profitable for people that really understand it, but if you don’t take your time to learn about it, then you going to be losing. Also we should know that no matter how knowledgeable you are about trading, you still going to be losing sometimes, you can’t be making profits always but we should make sure our profits is more than our loss.

I understand what you mean, and it's true that recently, many traders have come with empty knowledge. Their dreams of success and wealth are lofty, but they lack hard work and thorough learning. They come simply because they're motivated by the success of others, without understanding what actually makes them successful.
Essentially, no matter how good an activity you're about to pursue, if you don't understand it, the results will certainly be poor, especially in activities that are clearly risky from the start, like trading.

[passwordnow]

Everyone advises holding instead of trading and we also advise this but at maximum times we ourselves cannot follow these things properly. Because when the market is more volatile, we get too excited and think that at that time we should sell our coins and wait and buy the coins at a lower price. Although these things work some of the time, at maximum times our predictions are not correct, that is why we are more engaged in trading than holding. These things happen to me too but I always try to hold because only holding can definitely give profit.

Sometimes, we have to trade if we want to and there's nothing wrong doing that. We know that we've got the advantage when we're holding. And that's the reason why holders still trade. But on the side of the traders, if they don't have a reserve and holdings. It's best for them to start stacking up and hold as much as they can so if they lose their trades, they know that it's still possible to recover in paper through the holdings that they have. That is not what they don't realize at all because they're moving for the active income yet, they have no plans for the passive.

[Maslate]

The reason why trading could be link to gambling, because no matter how you prepare for it, educate yourself and develop sufficient knowledge and skills, if its not really meant for you, you will never see opportunities to gain profits.

However, with the right amount of experience and proven working strategies, trading can make you somehow profitable but there's no guarantee winning from it all the time. That is why if you are in trading, do it with high caution and mastery, and never rely in luck alone because it will never work in trading.

[Wind_FURY]

Courses on trading are sold to make the creator rich, not the trader.

But people understand this a lot later after buying and completing the course not before that. Similarly gamblers who sell their products make money from that merch and other shit not by gambling.

So it goes without saying that being educated about trading does make equal to success in trading. That depends on your execution of trades, their timing and your patience along with luck.

"Trading" is simply an "industry" of gambling, but with extra measures of action that itself makes the person believe that he has an edge in the "trading game".

The industry's growing number of players merely encourage snake-oil salesmen to sell you courses/books and "important information". - If people want to be scammed, then the scammers will come.

[arwin100]

Courses on trading are sold to make the creator rich, not the trader.

But people understand this a lot later after buying and completing the course not before that. Similarly gamblers who sell their products make money from that merch and other shit not by gambling.

So it goes without saying that being educated about trading does make equal to success in trading. That depends on your execution of trades, their timing and your patience along with luck.

"Trading" is simply an "industry" of gambling, but with extra measures of action that itself makes the person believe that he has an edge in the "trading game".

The industry's growing number of players merely encourage snake-oil salesmen to sell you courses/books and "important information". - If people want to be scammed, then the scammers will come.

Because this is what they want to project that they can help those people to became a trading experts, those fake guru's will always flex their gains and those what they called accurate calls. This is the reason why many fall from those fake trading courses salesman.

I do hope people would learn not to trust those people saying that they can help them to learn trading if they pay premiums, since obviously this is just another scam.

Much better if they learn from trading groups which share free trading stuff and research more details online, since those data's they need is searchable if they are not lazy for finding those kind of information's.

[Iranus]

"Trading" is simply an "industry" of gambling, but with extra measures of action that itself makes the person believe that he has an edge in the "trading game".

To be fair, they are different. In trading, we can still win by improving our knowledge, managing risk, and maintaining discipline.

However, you are also partly right when you say that trading is gambling. Because the majority of trader today trade based on emotion and luck, rather than adhering to strategies and trading systematically. Most people are just gambling, but they tell themselves they are trading strategically.

Trading can be gambling or not, it entirely depend on the mindset of the participant.

[Big Dirams]

"Trading" is simply an "industry" of gambling, but with extra measures of action that itself makes the person believe that he has an edge in the "trading game".

To be fair, they are different. In trading, we can still win by improving our knowledge, managing risk, and maintaining discipline.

However, you are also partly right when you say that trading is gambling. Because the majority of trader today trade based on emotion and luck, rather than adhering to strategies and trading systematically. Most people are just gambling, but they tell themselves they are trading strategically.

Trading can be gambling or not, it entirely depend on the mindset of the participant.

Some traders does practice trading activity as a way of gambling which they are just chasing after profits and solely relaying on luck which that not a positive way to practice trading. The mindset we put into trading is the result that we will end up gaining, for instance when we put in the right mindset  and prioritize knowledge and improving our understanding of the market then we will always see improvements in the journey and we will see positive results but when we are just following hypes and depending on luck then the journey will be more complicated.

[beerlover]

The reality as it stands still remains that with the high percentage of failing traders there are also a small percent of traders on the other hand who are making profits and the tiny line of difference is in their years of studying/learning and experiences which they have built through with. There are a lot of substantial things to learn as a trader, you must be emotionally disciplined and that means knowing how to manage and control your emotions towards responding to the market psychology, because why most traders are losing is as a result of trading against market movement and trend.

Just because you are not good, doesn't mean that you cannot get good. If people are not interested in spending months learning how to be a better trader then I agree that they should be a long term investor instead and would make a lot more money that way instead of losing money at trading by doing silly trades.

However, if they are interested in becoming better and giving up their time then there are so many resources online that they can study and be a better trader, it will take months, even more than a year to get through all of them and know all the lexicon, but if you could eventually do that and learn how to do analysis then trading becomes easier. With some more experience on top of your education and you will be unstoppable for sure.

[Baki202]

Most traders don’t really take time to learn about trading thats why most of them do blow their accounts at the end. They are so desperate to make profit from trading, they don’t even take their time to learn about it, they do decide to jump into trading, which at the end they going to jump out.

That is were the problem is always coming from and from the way things are you need to learn to take responsibility if you really want to trade because you need to be strategic and another thing is that what people need to understand is that trading is not for everyone because not everyone have the patience to actually trade and in this case if you don't want to trade then you can consider other options like buying and holding at least that one you won't lose money, and it is easy to understand compare to trading that will take you months to understand properly depending how fast the person can learn.

Trading is profitable for people that really understand it, but if you don’t take your time to learn about it, then you going to be losing. Also we should know that no matter how knowledgeable you are about trading, you still going to be losing sometimes, you can’t be making profits always but we should make sure our profits is more than our loss.

And even as it is profitable it is not always that you will still make profit so there is need for them to understand that trading is moreover very risky  and there periods that it will take a very long time for you to make money and there criteria that every trader needs to know before they start trading so that they will know if they will be able to do it or not.

[SquallLeonhart]

Just because you are not good, doesn't mean that you cannot get good. If people are not interested in spending months learning how to be a better trader then I agree that they should be a long term investor instead and would make a lot more money that way instead of losing money at trading by doing silly trades.

However, if they are interested in becoming better and giving up their time then there are so many resources online that they can study and be a better trader, it will take months, even more than a year to get through all of them and know all the lexicon, but if you could eventually do that and learn how to do analysis then trading becomes easier. With some more experience on top of your education and you will be unstoppable for sure.

You can get good, but the road to becoming good is rough and most people just ignore that part and do whatever they want to do. This is the problem and it will probably not be an easy task and it will definitely be something that will take a long time. I understand not wanting something for that long without making money.

When you tell people "you will not make a dime for a year but only study, but after that you may start making some money" most people will not want that, because why study something for a year without making a dime, we are not in school, we are not kids, we do not have that much time and we want money as soon as possible or at least a possibility of it right away. That's why it takes some time.

[Blaq_e12]

Just like any skill that can be learnt trading is also a skill that can be studied and mastered. Trading is an Art. Loosing money is part of game, even in business sometimes you make bad decision and pay the price.. An artist learn t hold the brush perfectly with years of practice. Plus if you really think about Holding bitcoin long term is still trading, it is an investment trade. However We do not trade certainties, we trade probabilities bitcoin could drop who knows anything can happen.
I am not trying say quit trading or hold bitcoin. Because trading is not for everyone, and not everyone also has the patience to hold trade. Try both and figure out where your strength lies and double down on it