Accept it or not, hodling is a form of trading that some people will not accepted because they see it as investment, but those that are very patient enough to buy bitcoin and hold it for years like 3, 5, 10 years or more are graduates in trading. I said this because they have mastered how to be very patient, buy bitcoin and just hold it and letting their patience do the work for them.
I clearly get your point, mate, but just for better understanding, trading and investing (buying to hold Bitcoin for the long term) has differences. By definition, trading;
Trading is the buying and selling of financial assets or goods with the goal of making a profit from price changes. It usually happens over shorter time frames than investing
So, obviously, those that are holding are graduates of Bitcoin investment such that they are able to hold through bear seasons but they are definitely not the same as traders and are not taking the same risks as traders do. I still remember we have had an argument before relating to whether trading can be called investment the way holding of Bitcoin is supposedly known as real investment.
Are you beginning to change your mind towards using stop lose? 🤔
When I was using stop loss, I was a very bad trader. It was later that I know it was greed that was causing it. I trade with high amount of money and I use leverage, but the stop losses did not help at all. Emotions will set in and later all my trading funds will be liquidated. I used what happened to me to post and the corrections that I made. Stop loss was part of my learning process,
but I graduated into not using it again.It's has never been a bad option for me in my trading that's why I still use it, although I don't apply it in every trades I take but only when it's very necessary. For a trader that is using a very high leverage and also setting stop lose on the trade, they will keep hitting SL before price will go in their direction, that's because price usually return to take liquidity from those areas where some traders like to put their SL.
