Topic: I see many users talk about trading but does anyone here actually trading? - page 5. (Read 717 times)

For you it isn't hard because maybe you are a smart person? The number of smart people might be lower than the less intelligent ones, this is why many are saying that trading is hard. But Once you grasp things, making money / more money through it should now be possible. Only those who are struggling to make money / more money, are the traders who have no or only have less knowledge in their brain.

So, it sounds impossible if you reach 3 years in trading with that poor performance you are describing. Tell us the truth. Do you treat it like a gambling, in a way that you ignore the losses because you still have a fun and thrilling experience?

Hey mate. Thanks for taking time to reply in the thread. I see and I understand how trading works for you. You should always stick with something you know works for you and be careful when exploring new things, if you feel trading is waste of time for you yes then you should not be trading. I am also fresh in trading, P2P trading I have done since 2020 or something like that and it's totally different since you more or less cant lose money, you will always do a profit if you are able to sell your coins fast.
Last 6 months I been exploring crypto trading and I can say that I only been trading with coins/tokens in the Solana network for ¹ Safe as much on fee's as possible. ² Been able to do instant and fast swaps. Now this have been worked very good for me, but I  am aware that everything can turn direction in seconds, so I am very careful but I also have in mind that if I don't risk I cant get a reward, so I am trying to balance it as good as I can. I am still in a phase where I am learning new things every day and this forum one good way to learn things about Trading for example. But as we said in this thread, if you a complete newbie you should be careful on what tips you choose to follow here. 

The coins I been trading with lately is Bonk, SolTradingBot, Cope Token, Guacamole & DOBI (released yesterday) and many more. 

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Nice. This is a very good strategy that should be normal for everyone, but many forgot about it. To not make the same mistake twice. You remember what Einstein said?
"A person who never made a mistake never tried anything new." & "The definition of insanity is doing the same thing over and over and expecting different results." So what you doing is very very wise. 💪

I’ve been trading not so long ago, perhaps a little more than half a year, and it’s worth clarifying that I’m a holder and have been buying Bitcoin for several years, starting in 2022, and trading for me is like a new direction that I was interested in mastering.

So I’ll tell you that hold brought me significantly more profit than trading. In trading, profitable transactions are replaced by unprofitable ones, I spend a lot more time on trading than it took me to buy some satoshi, so I can compare everything from my personal experience and say that for me personally, trading is almost like a waste of time, because, I just can stay after work and earn more after hours than I can earn in trading.

I am not active trader as people who open and close positions daily, but I spot buy coins I think are good and hold indefinitely. When there is market bloodbath, I do perp trading, and long coins for indefinite time. I've also done bit in news based trading (following news on coinmarketcal [1]).

I've been fairly successful in above but I've often failed to realize profit, so this time I'm not gonna repeat same.


You are right, many people write stuff without having first-hand experience of what they write, it's good that you are able to discern between stuff that's genuine and otherwise, definitely helps a lot in life.

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[1] https://coinmarketcal.com/en/

First Hi and Thanks for replying in this thread my friend & Thank you for congratulations me to my earnings from the coins/tokens in Solana network. I read true your whole post and agree with what you saying.
This is the coin that I made the most profit on so far: https://www.coingecko.com/sv/coins/bonk Dog Coin in Solana network. Yes I can only imagine those who made heavy investments, I am not there yet but I know I will reach that level in a soon future. I must believe in my self and try, if we never try we never know and the risk we regret our cautious is huge. No Risk No Reward!

With this, you are doing the right thing, my friend. First, you admit your weakness in trading and become cautious of risking what you do not understand, especially something risky, and that could be scary. You then resolved to still participate in crypto and get to earn through P2P and investment by investing in crypto instead. This is brilliant and everyone will not be able to cope with trading but I do not believe there will be anyone that will lose in the end once they own their crypto of a good project (in investment). And congrats on the profit with Solana, SOL is a very good project and those who bought it this year alone would have recorded massive income. Imagine those who would buy it with $150,000 and above, they would have their portfolio raised close to $1M already, and this is just amazing.

Just be careful even as you continue with the style, but with good projects only and you will not regret it as a substitute for trading.

I can't call myself a trader, but I did buy low and sell high when the mempool was low and there were many exchanges not ask to complete KYC verification.

I'm in profit, but I trade based on my feeling and instinct lol, I don't care with the candle stick, trend etc, but I only check the rumor that has a relation with Bitcoin. Remember I'm not a daily or active trader, I only sell it when the price is higher than the price when I bought and vice versa, I don't mind to wait for a month or longer.

Those who comment about trading but do not comment without knowing anything about trading, of course they have an idea about trading and from that idea they share their opinion when there is a discussion about trading. A trader would never comment on trading related issues in such a post if he had no real experience or knowledge about trading. I trade regularly and I am a trader, I try to share as much as I know about trading but you may think that I am only giving you ideas about trading but actually I am not trading it is not like that at all. Most of the people who will advise you have a good understanding of trading. Apart from having ideas, they actually trade and share practical experience.

so far the most viable way of trading that didn't cause loss as frequent but instead give quite many profits are trading around bullrun like today, as the saying goes, everyone is expert when the market is bullish so making a trade is rather easy and getting profit is also easy, quite opposite trading when the market is bearish or where the market have no trend going on more likely gonna be incurring loss since its all about trickery when it comes to trading at that time whale just trying to make fake pattern so people buy then further dumps the market anyway as if TA supposedly helps the retailer are instead being taken advantage of by the whales.
thats what I found from my experience in trading, when market bullish like this, we can invest in the shittest coin and still make profit. just overall better experience to be honest.

Discussing on trading is most many people actually care about. There are people that don't actually trade but they are only good at advising people hoe to trade when they can not even make a profit from a single trade. If we are beginners traders I think we don't have to listen to every advise that is given here because some of these advise are misleading to the hearing. If we are real traders, there are many ways we can know those people that are not real traders.

Achieving a high rank doesn't guarantee trading expertise. Before the merit system, you can rank up by being active in the forum, not requiring trading experience or other skills.

Trading is a skill that can be acquired through experience. It may take years of losing trades before one becomes a profitable trader. If you receive any advice you believe is inaccurate, it's important to voice your concerns. You may encounter people who seem knowledgeable, but they may only have a basic understanding of the topic.

You will know a trader from the tenses used in their replies or post on the trading board. There are tenses that are used by traders, and to be a trader talking to other traders, there is no way you will be able to express yourself without using those tenses.

Legendary in rank does not mean that the person has an idea on every subject. But it should mean that there should be the maturity to contribute on topics where you have an idea and ignore others and simply read where you do not have knowledge. 

Of course that is a mistake and if we are still very new to trading or our knowledge is not deep enough about trading then we should not give any advice even if we are making a profit when giving advice.
I used to trade and it must be said that crypto trading is only profitable when the market is bullish but when the market starts to bearish everything becomes more difficult especially if done only with emotion, so I decided to only be an investor by buying BTC whenever there are funds left or when the crypto market starts moving up by buying several altcoins and selling them a few months later with a profit that will certainly be proportional to the capital used, I mean expecting profits of tens of thousands of dollars with capital of only tens or hundreds of dollars in short term is a lie.

This is the reason why I'm building myself up to face the actual challenges of trading, so I can be able to minimize loses. I believe that it's not something that someone without the full knowledge of how fundamental and technical analysis of trading works. This is why I'm grateful for this forum, because hearing members trading experiences makes me to be better equipped before I start, hopefully soon. Although I'm very optimistic that when I eventually start, with the knowledge that I'm gathering, I believe that my profits will be greater than loses. Worst thing is to rush into something that involves money without being fully informed about it.

it's also true for me, i have been involved in trading for over 4 years but still making more losses than profits, so it's not guaranteed earning for an experienced traders,
yeah trading isn't too hard likes rocket science and even there is no end to learning trade,

Trading is hard and it is easier to lose money than to get profit with trading. I think trading is very addictive and many people can not quit trading because they already addict with trading.

Trading is a tough journey like the chart you share and in this volatile market, with news, fud, trading is harder as emotion, psychology can be affected a lot. Investing is not easy too but if comparing to trading, it is more easier to get profit.

The challenge with investment is choosing a good asset. If you choose Bitcoin, you done a hardest part and the rest is holding it to get profit. It will be so smooth if you look at the chart in Log scale.

https://coinmarketcap.com/currencies/bitcoin/ (choose All, choose Log)

Very good said, yes trading is risky and the reward is something we all like money, so of course we all want to be good at this. but the truth is very very few is good at this so they can be profitable year after year.
But I think when it's involving money we should not speak if we not have good research and knowledge about the subject. Of course the decision is always up to us self but it's not kind even if the intention is to be kind.

I am far far away from a professional trader but good enough to not go with loss I trade mostly P2P and ye in P2P you cant go with loss. But in crypto trading you can of course. lately tho I made huge huge profits from everything in the Solana network. Example: https://www.coingecko.com/sv/coins/bonk - https://www.coingecko.com/sv/coins/guacamole and many more.  I am also positive many others in this forum have taken advantage of this. 

That's indeed a very good explanation of trading from Oshosondy and one that doesn't look biased and exaggerated as well. And yes, you are so observant and I noticed the same thing you noticed, many people writing about trading here are not experienced at all, not that they do not know about it, but just an idea. They are not such that are well-experienced and trade regularly, needless to say, they are profiting from trading. One could also get to know them through the way they construct their posts, I just refuted one of their claims in a post today.

However, trading is good but risky. Many would try it but very few would make it from it. I said this to encourage you or anyone reading this post. There are indeed some people who are making massive money from trading but you hardly see them flaunting their wealth, they are insiders who do not care about social media presence. Still, I encourage anyone that they can also be successful in trading, after all, they might not know if they did not try. They should just make sure they gather enough and necessary experience and get to make the effort until they get to their limit (quit or continue).

Actually a very good description. I quote that in the OP if that's okay? I understand.. I hope you have made yourself some money on the action at Solana network lately. Have a good one and thanks for sharing this.

Trading is not hard to learn, but it is hard to make money with trading. I have over 3 years experience in trading now and I am still in loss than in profit. To make money, trading is hard. To learn, trading is not hard. People can refer to earning money from trading to be hard, which is not wrong but right.