Are you too good in trading and now earning the money you want to use to hodl?

[tygeade]

I can debate here. Trading can surely become a source of income if we are well experienced and know the ups and downs. Usually, new people entering trading think of trading as an income source which might not be right for them considering the risks involved in trading. If we want to make trading as an income source, we really need to understand how the markets work and how can we maximize our profits while minimizing loss.

We might have 5 winnings streaks but a single loss can wipe those profits which will make us start from square one. This is the reason why people don't actually make money but think they are making money while in books, they see nothing.

I have considered trading as an reliable income source for a good time before I moved from trading to long term holding. Now, trading does not interest me just long term holding is what I would be running behind. I know the profits can be incredible but let's agree to disagree the fact that loss will be inevitable.

[Big Dirams]

Are you so good in trading to the point that trading become the source of income for you?
The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie

This an interesting post and question too.
 To be honest I haven’t really start making more money from trading to start using it for investing in any crypto currency pair but I can say that in trading I have made so many profits and I have been through so many challenges and loss also because losses in trading are inevitable no matter how knowledgeable we become.
 But trading is one of my source of income and it has help me through many time I was down financially but I don’t normally use my profits from trading that much I have a particular aim for my portfolio to reach before thinking of investing.

  But as soon as I have the opportunity and Perfect space I would go into investing with my profits from trading to experience the journey of investing with trading funds.

[Japinat]

I'm honestly aware that trading is highly risky, that is the reason that I never trade to earn a living as I have a stable job that can provide me a regular flow of income. But if my fate will lead me into trading and give me bigger opportunity to make more money, I would definitely make it a challenge. However, I'm a family man so I will never leave my job just to focus on trading, I will stick trading as a side hustle.

But I'm earnestly learning in trading, despite of some losses. I just turned them as my motivation to learn more and improve more. Trading is amazing as long as you are making sustainable profits from it.

[Hamza2424]

Are you so good in trading to the point that trading become the source of income for you?
The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie.

Nah bro we can't make crypto trading alone our main source of income, we definitely need a stable source of income to live a happy life otherwise we will be struggling a lot, our family will eventually start to hate us because with all that stress, bill and pressure of the trades we are taking, will make us hate ourselves, so our behavior will change with them and make them hate us.

That's why, every trader has groups, has communities, they are selling courses, they are getting passive income from their staking, and long term investments and other plans, like investment in other non-crypto businesses. They are getting constant payments from their premium members, too.

[passwordnow]

Are you so good in trading to the point that trading become the source of income for you?

Nope but I would disagree to these people saying that trading isn't a source of income. Because it actually is and there are traders who became successful from doing it.

The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie.

Not trading but my work. Yet, any profit that I get with the few trades that I'll do, they're going automatically to only two things.
Additional funding for DCA and for some leisure where I'll spend it.

[SamReomo]

Are you so good in trading to the point that trading become the source of income for you?

Yes, I would say that I'm good enough at trading that I can make some good amount from it daily or weekly and mostly during the major dips. I won't say it became a source of income for me but of course it's a good part time income for me and I enjoy it while earning some money from it. If you have good capital to begin trading then it can be a good source of income but if your capital is limited or in 4 figures then you'll make some money from trading here and there.

[GreatArkansas]

(....)
Are you so good in trading to the point that trading become the source of income for you?
The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie.

For my own experience in trading recently, I can't say i'm already too good and I won't consider at source of income already, since I still have my full-time job that pays me well, while my trading journey is not stable that gives me enough income since I win some, I also lose some and I am not giving enough time my trading journey so that's the reason I cant yet consider trading as my source of income, maybe side hustle is fine or extra income will do.

[Humblevirus]

Trading is not a source if income. That is the advise form old traders, but we advise people like that because we want them not to lose money in trading, but eventually some people will become a trader and make money from it.

Almost every trader knows that trading cannot be a reliable source of income because it is not guaranteed to produce profit. So, even those who claim trading is their main source of income often have other sources of income apart from trading.Anyone who depends on trading as their only source of income will likely regret it later. Even those who have done so in the past many of them regretted it because they became broke after experiencing losses back to back.Some traders are making money from trading, but the real question is: how many of them are there, and how long can they continue making profits from trading?

Are you so good in trading to the point that trading become the source of income for you?

I don’t trade regularly I trade once in a while, so I will not classify myself as a trader. Even with the little trading I do sometimes, I face losses most of the time. It is always during bull run periods that I make good profits, but during bear markets, I hardly make profit and also face losses. That is the reason why I never think I will see trading as a source of income.

[summonerrk]

Trading is not a source if income. That is the advise form old traders, but we advise people like that because we want them not to lose money in trading, but eventually some people will become a trader and make money from it. These are the people that will think they should earn money from trading as they later are realizing money from trading and not losing than winning. Such person can turn trading to one of the ways of making money. We do not conclude this because we know traders will find this out but be consii about how trading is very risky like gambling.

Are you so good in trading to the point that trading become the source of income for you?
The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie.

Trading is not exactly a designation for a crypto enthusiast. It is a choice, like betting or gambling, and it is not for nothing that these phenomena are often compared, although I believe that trading has nothing to do with gambling. It should also be noted that trading and investing have a lot in common. The only difference is the timeframe. If you sell and buy quickly, you are a trader, but if you do it rarely and in large quantities, you are an investor. Notice how thin the line is. Therefore, everyone decides for themselves who they are and acts accordingly.

[Dr.Bitcoin_Strange]

Are you so good in trading to the point that trading become the source of income for you?
The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie.

Honestly, I'm not yet profitable in trading, I'm still grinding  and blowing accounts but I do believe that one day I would be profitable. I read the story of some successful old time traders and for the fact they were successful, I just believe I could do it  too. So, this reply already answers the second question which means I obviously sources for the money I use to invest in the Bitcoin that I'm holding for future profit.

[Ziskinberg]

If you say too good in trading, I guess this goes out for those who have really spend maximum of their time trading, and so they managed to optimize their knowledge, skills and strategies just to maximize the the outcome of their trades.

I am a trader, but I am not too good at it. I make profits but just a minimal amount. And I don't see it as a struggle for me since I only trade for addition income. But if in the future fate will favor me, I would really love to enhance my trading potentials and trade with maximum profits. With that, buying and hodling will also come easier for me.

[Jegileman]

Are you so good in trading to the point that trading become the source of income for you?

Trading is not my source of income and I’ve not also thought of it in that dimension for it to become one in the future. Maybe when I get better in trading, I’ll focus more on it but for now I’m just seeing it as another means of making money but not fully dependent on it to make me money all the time since it’s a game of risk also even though it’s a skill based thing.

The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie.

Trading will only give me that more money to comfortable invest for the bull run if I reach some certain height which I call myself a profitable trader. I know I haven’t gotten their yet, but the little wins have been encouraging to try more while putting proper risk management approach into practice always.

[Barikui1]

Trading is not a source if income.

In my own opinion, trading is actually a source of income, but while treating it like a source of income, let it not be your only source, because if you make the mistake of making it you only source of income, just know that you have set yourself up to fail, since you are likely going to be trading under pressure of paying your bills, and because your bills may be at your neck, you will enter more trading set up than necessary because you are in desperate need of money, which will make you lose the more, so treating it as a side hustle is the best way to take trading as.

Are you so good in trading to the point that trading become the source of income for you?

Like I have said earlier, I see trading as another way to make money, but I don't do it more often, since I have other source of income.
I can't rate myself actually in trading, but I have gone past that level of blowing account, instead I make some withdrawal sometimes, but not on a frequent basis.

The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie.

I honestly don't depend on trading for that because one thing about trading is that you may use 3 weeks to make $1k, and use a single day or two to lose everything if you can't manage your risk properly, so to answer your question, I don't trade too frequently and aggressively like in the past due to too much engagement off this digital space, but when I do trade, I sometimes make a few box of dollar most times, because I trade only the best set up, and if it's the only trade I take throughout the week, am ok, as long as am sure that the trading set up is going to be successful if I take it.
So it doesn't gives me more money now, like before because I don't give it a lot of time like I used to do in the past.

[Ishicryptic]

Are you so good in trading to the point that trading become the source of income for you?
The second question I will ask is that does trading give you more money for you to invest in crypto for the next bull market? Do not lie.

Honestly, I'm not yet profitable in trading, I'm still grinding  and blowing accounts but I do believe that one day I would be profitable. I read the story of some successful old time traders and for the fact they were successful, I just believe I could do it  too. So, this reply already answers the second question which means I obviously sources for the money I use to invest in the Bitcoin that I'm holding for future profit.

Don't be too quick to believe any old-time trader that tells you that trading is a bed of roses where they made a lot of money, some of these people wants newbies that they will tutor for fees, I've seen a few. The fact is that trading is not for everyone, I tried to be a trader but along the way I saw that it wasn't for me, I do monitor the trades of my friends but I don't trade because they're losing most of the time. If you have the believe that you will be successful in trading then go ahead, I hope you make it and perhaps invest some of your profit into Bitcoin investment. But I know that most traders don't make sure profits to diversify into investments.

[barbara44]

I can debate here. Trading can surely become a source of income if we are well experienced and know the ups and downs. Usually, new people entering trading think of trading as an income source which might not be right for them considering the risks involved in trading. If we want to make trading as an income source, we really need to understand how the markets work and how can we maximize our profits while minimizing loss.

We might have 5 winnings streaks but a single loss can wipe those profits which will make us start from square one. This is the reason why people don't actually make money but think they are making money while in books, they see nothing.

I have considered trading as an reliable income source for a good time before I moved from trading to long term holding. Now, trading does not interest me just long term holding is what I would be running behind. I know the profits can be incredible but let's agree to disagree the fact that loss will be inevitable.

This is a correct approach, everyone has a different approach and we should be doing whatever we can with whatever we have. I think that's the problem with what we have, most people do not realize that it is not going to be something that would benefit at all for the long term, it should be considered as something that would be beneficial for all of us, and we should not be considering how this could be any different.

I understand it is not the best at that point, sure there are many moments we are seeing how this could be different, but that doesn't mean that we can do that great on the long run if we are not careful, we should be considering what is best for us. For you long term was better and for someone else, trading could be better.

[Finestream]

I have never reached the point yet that I can set trading as my main source of income. That could be very risky if ever but if you really have the life-changing potentials as a trader, making a huge and satisfying income will always be possible.

I do hold but the capital comes from my day job salary, and at the moment I am trading and hodling as well. But I'm not really that confident in trading, that's why I stick trading just a side hustle, and will never leave my current job just to stay focus with trading, having that kind of decision would be very risky in the future.

[Zanab247]

Am not too good in trading but it hard for me to lose big money for trading, because  i have little experience on trading that is helping me not to lose much on trading. There are some of my friends that is doing something like that and they are hodling BTC that will make them wealthy in the future. If you spend many years in trading, I guess you will achieve knowledge that will make you great through trading because you will not like to trade when you know it will not profit you the way you want.

With the little knowledge I have in trading, I guess hodling will be more profitable than trading, because your target will be big amount of profit and that is the wish of every hodlers. I'm good in hodling BTC for long years without be move to sell on time, because I know the price of BTC will going to hit higher in the future.

[Emitdama]

Don't be too quick to believe any old-time trader that tells you that trading is a bed of roses where they made a lot of money, some of these people wants newbies that they will tutor for fees, I've seen a few. The fact is that trading is not for everyone, I tried to be a trader but along the way I saw that it wasn't for me, I do monitor the trades of my friends but I don't trade because they're losing most of the time. If you have the believe that you will be successful in trading then go ahead, I hope you make it and perhaps invest some of your profit into Bitcoin investment. But I know that most traders don't make sure profits to diversify into investments.

That's true, but to be fair most of the veterans will warn newbies about trading, not tell them it's easy to make money. The problem is that, trader took a long and hard road that was very difficult and cost them a lot of time and money to be able to trade and profit, but right now, you look at them and they live a good life and make some money, so when they tell a newbie that it's very hard to do that, newbie sees that and assumes that the veteran just tries to showboat his skills, when in reality, it was really actually hard.

[Judith87403]

Honestly, I'm not yet profitable in trading, I'm still grinding  and blowing accounts but I do believe that one day I would be profitable. I read the story of some successful old time traders and for the fact they were successful, I just believe I could do it  too. So, this reply already answers the second question which means I obviously sources for the money I use to invest in the Bitcoin that I'm holding for future profit.

I don’t like the idea of depending on your trade outcomes for investment. If a trader is interested in investing or HODLing, then they should sort for other alternatives to generate money for their investment and not depend on money they’ll be getting from trading. This is because before a trader can be able to generate a steady income from trading, it’ll definitely take quite some time, especially if they’re just newbies, which means it might take them quite longer period of time before they can start generating money from trading and stay investing.