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Topic: Passive vs seasonal trading - page 4. (Read 592 times)

hero member
Activity: 2954
Merit: 796
November 22, 2021, 04:58:34 PM
#27
Which trading strategy to use ultimately depends on the personality of the trader. Most people would people would chose to trade full time probably because they have more time or because they have little to no commitments. Others might pick the passive strategy if they don't have the necessary time or resources to pursue a full time trading career.
Time availability matters since we need to be in a right mind and position when we do trading but most of the time now as tge coins weren’t depended on bitcoin anymore trading can be depend on what coins or projects we are having with. We might not trade everyday but there might some news coming with that projects or some hype created with that coins that can affect it’s value positively or negatively then we need to trade. We as traders should be open to do day tradingd, seasonal trading or be updated always to trade when we have to.
hero member
Activity: 952
Merit: 552
November 22, 2021, 04:50:44 PM
#26
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.

To be honest, trading is not a small job that one would like to engage in and make quick cash or profit. You need to be emotionally and financially capable to make iy in trading.
While holding might be as easy as many want or turnout to be, it's one of the oldest ad safe techniques to make huge passive from buying and selling. You don't loss as long as you don't sell and you can easily make 1000x in long of short period when a trader will busy jumping from one trade to another. So, I will go with holding instead.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
November 22, 2021, 04:32:53 PM
#25
I hard about a new trading techniques some couple of days back but am must be sincere with you it not guaranteed and this features most time does not give accurate result which in some cases lead to loses from trading.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
November 22, 2021, 04:30:11 PM
#24
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.
Less stressful?
Well, I say that seasonal trading. Honestly, why it becomes less stressful is that because we don't do trading every day unlike passive/day trading but that seems fine if we are already an expert. Trading is only stressful when we don't understand it and if this is not in our comfort zone. Definitely, we easily got bored waiting and more likely, we easily got disappointed with the volatility of the market that is why many were quitting from this job as they can no longer handle the challenge.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
November 22, 2021, 04:00:01 PM
#23
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.

Which trading strategy to use ultimately depends on the personality of the trader. Most people would people would chose to trade full time probably because they have more time or because they have little to no commitments. Others might pick the passive strategy if they don't have the necessary time or resources to pursue a full time trading career.
sr. member
Activity: 2226
Merit: 347
November 22, 2021, 03:54:36 PM
#22
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.

Yes swing traders are longer time traders that are particular about the trend and few pairs too. This type of trading is stress free and can allow a trader more time for other activities and engagement. But sometimes a good day trader gets more profit in accumulation than the swinger but the swinger has more opportunity of hitting take profit because it reduces risk by decreasing stop loss possibility through the lot size. It just depends on the trading pattern either passive or seasonal.
Consistency guarantee experience and exparties I believe passive trading is OK but considering the risk of getting low profits during trading. Aside the time and stress that will come from getting involved in constant trading it will be passively profiting to dive into full time trading to maximize the advantage associated with trading.
And getting low is something that we dont like which is a common behavior for most people and we do always prefer on having those big profits no matter what means that we would able to take.Passive incomes
is most likely on that part on where it could really be on gradual phase but a little bit amount compared when you do make out some active trades or something like that on which you do prefer on seeing that
rather than waiting for too long just for peanuts but well its up on someones capability on how to trade because not all were really good on making trades and some do really have a hard time on dealing
with.
full member
Activity: 854
Merit: 130
November 22, 2021, 01:47:54 PM
#21
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.

Yes swing traders are longer time traders that are particular about the trend and few pairs too. This type of trading is stress free and can allow a trader more time for other activities and engagement. But sometimes a good day trader gets more profit in accumulation than the swinger but the swinger has more opportunity of hitting take profit because it reduces risk by decreasing stop loss possibility through the lot size. It just depends on the trading pattern either passive or seasonal.
Consistency guarantee experience and exparties I believe passive trading is OK but considering the risk of getting low profits during trading. Aside the time and stress that will come from getting involved in constant trading it will be passively profiting to dive into full time trading to maximize the advantage associated with trading.
sr. member
Activity: 2366
Merit: 332
November 20, 2021, 09:36:53 AM
#20
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.

Yes swing traders are longer time traders that are particular about the trend and few pairs too. This type of trading is stress free and can allow a trader more time for other activities and engagement. But sometimes a good day trader gets more profit in accumulation than the swinger but the swinger has more opportunity of hitting take profit because it reduces risk by decreasing stop loss possibility through the lot size. It just depends on the trading pattern either passive or seasonal.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
November 20, 2021, 09:07:09 AM
#19
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.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
November 20, 2021, 06:46:09 AM
#18
Should one trade passively or just trade once in a while for both emotional and physical well being.
I think you meant 'should someone trade actively or just once in a while or to just hold and prefer passive income'.

It depends, if someone is not able to devote much time into trading, the person should not go for trading because trading requires much more time. If the person is not a patient person, he should not go for trading. He has to learn how to analyze the market and how to manage risk. He should use the money that will not affect his life (very low amount of money) to start and using very the low amount for up to a year or two.

This is what many new traders do not do, emotion will set and they will lose all their money, this is why trading is very risky and the reason some people should not just start to trade if they are not patient.
You make an important statement which I believe will help cryptocurrency traders but we're all a human and even yourself that make the statement will go against your profitable advice at some point because we humans are bonded to emotional feelings and the best thing is to skip trading sometime. It's just saying all work and no play makes Jack a dull boy.
legendary
Activity: 2898
Merit: 1823
November 20, 2021, 06:38:03 AM
#17
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 to meet daily needs and pay their bills” is not very sustainable for plebs like us who are under-capitalized, and neither have the talent nor the skill to be truly profitable in “trading”.

This advice might not be what you want, but getting a job, and saving some of your salary in Bitcoin by buying dips is the safest, and less stressful.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
November 20, 2021, 06:16:22 AM
#16
Depends on the situation. Just like you said, some traders made this their livelihood, so if you choose seasonal then chances of not being able to take profit short term for bills payment, budget for necessities is low. Some will do it daily while taking the risk for a month to save the right amount and afford all of those.
But I am telling you right now, it's not easy. It requires deep knowledge and a deep capital before you can make it all happen. It's not always a win-win situation for there will be down times and you will have to be ready for that.
sr. member
Activity: 2366
Merit: 332
November 20, 2021, 05:54:59 AM
#15
Trading passively or seasonal depends on your trading strategy. Some people don't trade seasonal because they want to but they find themselves trading that way because of the strategy they are having. Like in forex trade, I have read traders that only trade on the first Friday of every month when the American unemployment rate is released and also Non-Farm Employment Change. They trade this and wait for another month. Also with cryptocurrency, it is not advisable to always be in the market because you will take unnecessary orders because of pressure of profiting.
hero member
Activity: 1610
Merit: 507
November 20, 2021, 04:31:01 AM
#14
Trading can be a new source of income but with terms and conditions because we need to learn about trading to have a way to make a profit. That is why not many people can do that, as only some people are willing to learn more about trading. If they have skills in trading, they can make money daily from searching the profitable coin from trading. A good trader will know when he trades and when he needs to calm down and not force himself to enter the market.
full member
Activity: 854
Merit: 130
November 20, 2021, 04:13:39 AM
#13
We shouldn't rely on trading since it's ups and downs and usually we are not always earning I think passive income or holding a good coin for a while is much better than trading daily this is just my personal opinion since I'm really bad at trading I think I should attend class about trading to improve my trading skills but I find holding coin or passive income through staking much profitable than others.
But I have seen quite a goof number of passive traders who 100% rely on it, but again the individual will have to really check if he/she can depends on trading and ready to face whatever emotional pressure that may result from that.
What am really concern about is the emotional set back that may result from the volatile of the cryptocurrency market.
legendary
Activity: 2660
Merit: 1009
November 20, 2021, 03:59:55 AM
#12
We shouldn't rely on trading since it's ups and downs and usually we are not always earning I think passive income or holding a good coin for a while is much better than trading daily this is just my personal opinion since I'm really bad at trading I think I should attend class about trading to improve my trading skills but I find holding coin or passive income through staking much profitable than others.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
November 20, 2021, 03:14:35 AM
#11
Should one trade passively or just trade once in a while for both emotional and physical well being.
Let me start with the last question – that decision to go passive or active will solely depend on your temperament and target. We all have our different perspectives on things.

but have been wondering which is more profitable and less stressful since trading is base on quality decision.
If something were more profitable you wouldn't expect it to also be less stressful and vice versa. If you've the set skills for trading and the ample time to do it, it's better to go active. But if you're still confused around trading and haven't been profitable at it but desire to make money from trading, go passive. And while being passive at it, make out time to learn set skills for trading. Nothing beats real trading. There are various easy ways this day to do passive trading. The favourite for me is staking. You can stake some tokens to earn the same tokens or different tokens. A lot of sites now make staking easy. Depending on the amount staked, some provide decent dividends daily.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
November 20, 2021, 01:42:30 AM
#10
Should one trade passively or just trade once in a while for both emotional and physical well being.
I think you meant 'should someone trade actively or just once in a while or to just hold and prefer passive income'.

It depends, if someone is not able to devote much time into trading, the person should not go for trading because trading requires much more time. If the person is not a patient person, he should not go for trading. He has to learn how to analyze the market and how to manage risk. He should use the money that will not affect his life (very low amount of money) to start and using very the low amount for up to a year or two.

This is what many new traders do not do, emotion will set and they will lose all their money, this is why trading is very risky and the reason some people should not just start to trade if they are not patient.
sr. member
Activity: 2226
Merit: 347
November 20, 2021, 01:32:44 AM
#9
I think it is based on the preferences and abilities of the trader because there are many traders whose trading activity is not as a main job so they are very likely to only spend a little time, I myself prefer long-term trading because it is more profitable.
But if there are traders who trade because want to pay the bill the pressure will be even greater which can actually make you lose, as well as traders who expect trading income for living expenses it seems they already have their own reserve funds for it, because our trades don't always go well there are sometimes traders can experience stress which can greatly affect decisions and results.
And we wont really be able to find out if we dont tend to try or seek it out thats why real experience does count and choose whether passive or seasonal then its your choice because it will depending or varying
on your trading or investing capabilities and you are the only ones who would able to find it out whether you are good on one or on other.Just like on what others been saying that you would able to find out for yourself
and you are the ones whom do decide on which one because you are the ones will be benefiting it out or would make out profits basing on what you are doing.
Could neither be passive or seasonal its your choice!
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
November 20, 2021, 12:35:32 AM
#8
I think it is based on the preferences and abilities of the trader because there are many traders whose trading activity is not as a main job so they are very likely to only spend a little time, I myself prefer long-term trading because it is more profitable.
But if there are traders who trade because want to pay the bill the pressure will be even greater which can actually make you lose, as well as traders who expect trading income for living expenses it seems they already have their own reserve funds for it, because our trades don't always go well there are sometimes traders can experience stress which can greatly affect decisions and results.
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