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Topic: Passive vs seasonal trading - page 3. (Read 592 times)

full member
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November 25, 2021, 10:23:03 AM
#47
Trading needs more risks, as you are talking about daily needs of a trader that they pay their bills etc. but on the other side it is more risky too, which is quite difficult for some traders to work with because most of the traders want to invest but their daily needs stop them from investing and thus they can't do it.
newbie
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November 25, 2021, 09:58:39 AM
#46
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.

The trading with money that costs a lot to you comes with a lot adrenaline Embarrassed
sr. member
Activity: 1974
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November 25, 2021, 09:18:01 AM
#45
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
actually it depends on each perspective.
some people think that continuous trading is their job. So, they are constantly trading and looking for information about the movement of coins in the market. however, there are some people who only make occasional trades when they only hear the coin is going up, or have pretty solid information about it.
which one is better depends on each individual. Many people have other jobs, but love trading. so, they do that only a few times a week, or at certain times. different from those who have a job on trading.
Personally, I think that the people who trade every day are the ones closest to making the most profit. however, so are the risks. it's just that, personally, I only trade occasionally when I'm relaxed, or looking at potential coins.
legendary
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November 25, 2021, 08:09:59 AM
#44
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
I don't know a lot of people who are actually earning a living through trading, there are a lot of people in the space who act as if there is no one better at trading than them and that they are living their life entirely because of trading but most of them are actually just lying to gain some quick youtube/ Twitter subscribers. This is why most of these chaps share their edited screenshots of extraordinary gains but never show the losses that they have suffered and we all know in trading there is no way that you can only make profits, there will be some profitable days and then some days where you suffer losses.
If they focus on trading for sure no one really earn a living out of it since all the time we trade its like we gamble our money to win or not and even how experience you are in trading's still we can't deny that we still lose once the market moves unexpectedly. That's why its not good to listen with people who always create hype and always tell they are earning passively since one thing is for sure here they are just trying to convince us to buy what token or coin they told so that they can earn extra profit for pumping it even a little bit.
legendary
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November 25, 2021, 07:51:50 AM
#43
Should one trade passively or just trade once in a while for both emotional and physical well being.
Everywhere crypto trading is relatively risky be it passive or seasonal, both of these traits have risks, Of course some people prefer to be passive based on their crypto trading skills and seasonality for those who don't really care about the risks they accept.

It means:
Passively trading crypto, if you are impatient and skilled, you will experience more stress than seasonal.
Seasonality, science is not too bothered to think about it, it's just that you see a potentially good crypto in the market, you do buy and sell done.

For that I personally tend to be more seasonal, but passive is also needed on the condition that after my crypto trading knowledge improves, I need to study and study again.
hero member
Activity: 2114
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November 25, 2021, 05:46:18 AM
#42
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
I don't know a lot of people who are actually earning a living through trading, there are a lot of people in the space who act as if there is no one better at trading than them and that they are living their life entirely because of trading but most of them are actually just lying to gain some quick youtube/ Twitter subscribers. This is why most of these chaps share their edited screenshots of extraordinary gains but never show the losses that they have suffered and we all know in trading there is no way that you can only make profits, there will be some profitable days and then some days where you suffer losses.
hero member
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November 25, 2021, 04:21:35 AM
#41
actually it depends on the situation.. For me i prefer always to stop and take a break if the market isn't fine because it's too hard to play with it especially when it comes day trading which most results are false break out and etc. but if the market is good and i see some sort of coin that will give me good profits for how many days i really invest my time in it wherein no more excuses because for me it's a big opportunity to make money. Lol

I would going to agree with  you mate it all depends upon the situation, deciding whether you are going to trade aiming to get a profit on a seasonal manner or aiming to have a passive income in trading is not always a win-win situation. A trader must have a basic technical analysis knowledge and must ready to whatever the outcome is. In my case as a trader, I didn't yet get my win through seasonal trading and not even also get a passive income by it but because I am planning a long term trading instead.
legendary
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November 24, 2021, 03:37:01 PM
#40
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
I guess what you’re trying to say is short term and long term trading, because the two words, passive and seasonal, seems alike to me. The good thing about a long term trading is that when you invest and hold for a long term, you stand a chance of making profit cause the market would increase later on.

Although this mostly applies to Bitcoin, because we have all seen that bitcoin keeps on increasing every year, so those that are able to have patience and hold it for a long term do benefit from the increase later on. As for short term trading, it has a lot of risk and you have to be someone who is highly skilled in day trading to be able to be part of short term trading. Though the good thing about short term trading is that you will be making a steady income from the market. So, if you are ready to go for short term trading, you should be ready to keep learning and gathering as much knowledge as possible.
legendary
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November 24, 2021, 10:44:18 AM
#39
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
Trading isn't for everyone - and that's a fact. Whether somebody is able to deal with the market volatility and make a good, profitable living out of trading is up to the individual. There are plenty who do btw.

At the same time, not everyone has the same abilities, and so there are others that take trading more lightly but that's fine too. I think this is all a personal choice and everyone uses the tools at their disposal how they see fit. Nothing wrong with that, and also nothing wrong with asking but it will be wrong to impose something on others.
sr. member
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November 24, 2021, 10:01:02 AM
#38
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
actually it depends on the situation.. For me i prefer always to stop and take a break if the market isn't fine because it's too hard to play with it especially when it comes day trading which most results are false break out and etc. but if the market is good and i see some sort of coin that will give me good profits for how many days i really invest my time in it wherein no more excuses because for me it's a big opportunity to make money. Lol
legendary
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So anyway, I applied as a merit source :)
November 24, 2021, 12:13:12 AM
#37
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills,
I would not recommend such a livelihood. If you have a day job, keep working on that and keep trading as something new to be learnt and practiced in hobby time. Not something to go for fulltime. Trading is not a job, it is a risk-vs-reward action while your day job is at least a guaranteed daily/monthly income.

Quote
but have been wondering which is more profitable and less stressful since trading is base on quality decision.
Stress exists in all type of decisions, it only depends on how you react to it.

But in general Bitcoin Long term>Bitcoin Short term>Altcoin in terms of peace of mind.

If you are type of person who get irritated at every small decrement of price and has to compulsively check prices every second, then trading is not for you. These mental problems may happen after you start trading too.

Quote
Should one trade passively or just trade once in a while for both emotional and physical well being.
How you handle your assets if your decision. But it is important to have a backup income option in hand when you are turning your primary earning into a speculative one, it helps calm the mind in times of anxiety.

Try paper trading for at least six months before you put in any real money in trading.
legendary
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November 23, 2021, 06:49:33 PM
#36
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
There's no easy way of making money on trading, so it's expected that you may stressful if you are looking for a passive earning and you can do that in day trading which is I think you can sit and face your computer for a how many hours a day, sounds stressful isn't it?

Long-term trading is less stressful and you can minimize the risk but there's no guarantee that you can earn passively because in long-term trading is most likely you're holding it in a long term.  So, now which one do you prefer?
hero member
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November 23, 2021, 05:09:30 PM
#35
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
At least to me your question does not really make a lot of sense, there is no way to trade the markets passively, long term holding could be passive but only once you have already bought all the assets you wanted and you had no more plans to buy more of them, but when it comes to trading you need to actively watch the markets and take decisions based on what you see, like adjusting the size of your position, moving your stop loss, deciding whether to use leverage or not, and many other decisions that you need to take in the blink of an eye to become a successful trader.

Maybe he do mean about some spot position and haven't set any stop loss and put up a wide gap in price on his order which I do presume that he's been pertaining to this but actually passive trading doesn't really have any sense.

Trading could only pertain on swing and active so its just up on someones choice which one he would choose up because not all would really be that capable on doing all sorts of possible trades.

So its up into one decision though on which one he would comfortable on dealing with.
legendary
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November 23, 2021, 04:45:15 PM
#34
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
At least to me your question does not really make a lot of sense, there is no way to trade the markets passively, long term holding could be passive but only once you have already bought all the assets you wanted and you had no more plans to buy more of them, but when it comes to trading you need to actively watch the markets and take decisions based on what you see, like adjusting the size of your position, moving your stop loss, deciding whether to use leverage or not, and many other decisions that you need to take in the blink of an eye to become a successful trader.
legendary
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November 23, 2021, 01:18:06 PM
#33
Passive is my dream, it is my life goal. I do not wish to have a ton of money, I do not care if I have 1 million dollars or 10 million dollars those are two very same thing to me. I know many people will think that I am crazy, but unless I am suddenly like some Elon Musk type of person, my characteristic is to just sit at home and relax, that's the thing I love the most. Would I do some stuff if I get rich enough to not care about money?

Well yeah, I would travel the world a little, not like every single location but I would love to go to Europe, there are about 8-9 nations and probably around 20 cities that I would like to visit.

However after that it is literally over, I own my house, I change my car every 10 years, I go to gym every day, I watch netflix, play games, go out to dinner with my wife... these are things that I could do with 1 million dollars in my nation until I die. This means I just need enough passive income to cover my cost of living and that is more than enough. Give me 1k dollar per month guaranteed until I die and I would be basically living my dream life.
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November 23, 2021, 03:44:46 AM
#32
I am not a fan of day trading since I cannot keep monitoring the prices. I do take the updates every once in a while though.
I personally like swing trading where I just trade once and then keep waiting until the trend reverses.
This I get maximum profits with less risk and no active monitoring of prices.
I try as much as possible to avoid day trading due to its intense pressure on our mental well being, trading requires passive involvement of the trader with the daily trading processes and how our trades are executed.
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November 23, 2021, 01:21:11 AM
#31
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
Depends on what you want to do and if it fits well into what you can actually do. In terms of profitability ofc trading daily would give you the best amount of profits (as well as losses, don't get me wrong, they go side by side). Check your time management, hobbies, lifestyle, etc, and fit whatever you think works well for you, it's trial and error imo since it varies quite a lot from person to person. Honestly in my biased opinion I'd always go for passive trading, less stress, hassle and you don't even need to think about it that much.
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November 22, 2021, 10:48:32 PM
#30
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.
I actually tried both ways to see what can give me more profit and the result is, im better off trading not frequently. Scalp trading is only profitable if you have lots of time to monitor the market and can manage regardless of the market situation. It didnt work for me because of the stress and headaches thus I decided to be a trader when the opportunity comes.

Hence it depends because we have our own preference, capability and management on certain things.
legendary
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November 22, 2021, 06:49:20 PM
#29
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.

Seasonal was good compared to the passive trading.If we keep do passive,the dump will get all your dollars to less.I had loss nearly 500$ from my investment of 1500$,by just holding.I had forgot to take care of holding,when and back and see my wallet.I had huge shock.Because 500$ was one third of my investment was get into loss.
This is very difficult and will also differ on what is your strategy. I know some people who are owning for just holding like finding a gem that could lead to 10x or more than like that for a period of time, it's like more on fundamental analysis with technical analysis too.
So, for me, passive or seasonal trading is good, it's just how you do it. I believe that passive got less risk since it's like you are not actively participating to the market from time to time.
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November 22, 2021, 05:34:53 PM
#28
Lately trading have become a such of livelihood for some traders as some have turned to cryptocurrency trading to meet they daily needs and pay their bills, but have been wondering which is more profitable and less stressful since trading is base on quality decision. Should one trade passively or just trade once in a while for both emotional and physical well being.

Seasonal was good compared to the passive trading.If we keep do passive,the dump will get all your dollars to less.I had loss nearly 500$ from my investment of 1500$,by just holding.I had forgot to take care of holding,when and back and see my wallet.I had huge shock.Because 500$ was one third of my investment was get into loss.
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