Holding is better than trading

[LastKiss]

Trading is good if you understand it, but some people will never understand how to trade but they will continue to lose. If you have been losing in trading, it is a good advise for you to just hold for bull market to come. You still have time to earn weekly or monthly and safe part of your money in bitcoin and make more researches but avoid shit coins. Do not let it be too late before you will understand this. There is opportunity in crypto.

I believe most of them are day traders who try to maximize their earnings, but end up round tripping their profits because they get too greedy. I often see people using day trading strategies to maximize their profit but instead suffer more losses, while position traders seem to lose less frequently. Both HODLing and trading offer opportunities but they come with different risks and potential profits as we already know. If people understand their limit they should avoid day trading and either hodl for the long term or become position traders.

[yhiaali3]

I agree with all of these tips. I came to discover all of them after my experience in trading over the past years. Although they were sometimes harsh, they were useful and greatly increased my experience.

Yes, I am convinced that long-term holding or at least medium-term trading is better than day trading for those who suffer losses in trading. Through my experience with day trading, I made some profits but I suffered large losses too, so I decided to switch to medium- and long-term trading.

[Bitcoin_people]

Trading is a high-risk thing, if you go into trading, it can cause losses for you. When you put your money in investment, it will not disappoint you, but it will assure you that you will achieve something good in the future. We know that trading is for a short period of time and if it is entered during the volatility of the market, then there is a risk of losing money and fear of losing. Many times, experienced people also lose in trading, but for those who are new, I would advise them to avoid trading first and learn and then trade. However, investment will be best for new people, if they can hold for a long time, they will be able to profit in the future. Currently, most people avoid trading, but are more interested in investing, it will not disappoint them, but there is hope of profit and the risk is low.

[Peanutswar]

Let me brief it.

Trading is good if you understand it, but some people will never understand how to trade but they will continue to lose. If you have been losing in trading, it is a good advise for you to just hold for bull market to come. You still have time to earn weekly or monthly and safe part of your money in bitcoin and make more researches but avoid shit coins. Do not let it be too late before you will understand this. There is opportunity in crypto.

But if you are making money in trading, it is good for you. Earn money and hold also.

But considering that you are hodling is you must need to trade your assets right. You can that its better to make a hodling than become a scalper. Actually, this depends on the risk management of the trader and availability, personally im doing a swing trades which is a higher time frame of market its easier to me to analyze the market structure with the bigger picture than making a trades with leverage with the futures of the crypto so depends on the capability at the same time also there are traders who are doing this both actively. Do what you think its more effective to you and growth of your porfolio.

[puloweh555]

I agree with all of these tips. I came to discover all of them after my experience in trading over the past years. Although they were sometimes harsh, they were useful and greatly increased my experience.

Yes, I am convinced that long-term holding or at least medium-term trading is better than day trading for those who suffer losses in trading. Through my experience with day trading, I made some profits but I suffered large losses too, so I decided to switch to medium- and long-term trading.

Those who choose day trading are often driven by the desire to maximize quick profits, even greed, which can lead to significant losses. Day trading can also lead to overtrading due to entering the market too frequently, eager to profit too quickly, and allowing losses to grow.

From your story I conclude that you have demonstrated maturity in decision making. You have gone through many phases in trading initially profitable perhaps due to luck in a bull market or momentum then experiencing significant losses and finally realizing this leading you to shift to medium to long term trading. In my opinion, this is a very good and mature step you are taking now. It's rare for people to be mature in trading they continually endure repeated losses due to ego or greed. The difference between day trading and long-term trading lies in emotional control. In the long term, your emotions are calmer but day trading can make you easily stressed, prone to FOMO or panic selling.