Passive vs seasonal trading | Bitcointalksearch.org

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Quote from: Oilacris on December 05, 2021, 02:25:28 PM

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Quote from: Cling18 on November 28, 2021, 12:38:45 PM

It all depends on one's goal because there are traders who prefer thrill and experience and there are also traders who are only into profit-taking. As for me, as long as we got the skills, we could do passive and seasonal trading depending on the period that we would want to take a good profit. I think the important thing is we're reaching the target goal that we want.

I think the same, passive prayers go more with what I am looking for in trading, as you say about looking for adrenaline, fun in trading I really don't see it that way, because to find that kind of emotions I would have to start trading at short-term or what they call scalping, in my case scalping requires a lot of technical analysis and precision when doing it, I think that I am not prepared to take that type of risk and that type of trading, the truth is that I prefer passive operations.

Dont really see the fun but the excitement and fear then i would say that these are the primary emotions that you would ever get and experienced when you do make trades.

This isnt for leisure for you to talk about adrenaline rush or something and decisions will really vary on someones personal experience.

I he has some enough experience in the market then you could point out which one would really be beneficial for you.

Mainly at this time what can be perceived in the market is a great feeling of panic, based on my experience I have always played it safe and that is to have some BTC and have it in hodl mode, sometimes I have done some trading with BTC, and some altcoins, but in these moments of uncertainty I cannot trade, simply because I have no idea if the market will go into a bearish or simple trend, between it will recover and give a boost or bullish rally, in these moments could not be within the market.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

You can trade when you feel is convenient to you to trade and make your profit, the only thing a passive trade will contribute to you, is to master all the strategic way that brings or induce failure and lost in trading curriculum, the more you trade frequently the more you adapt to the situation and notice the possible errors that will bring you down in the trading sphere.

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Quote from: kanayaTabitha on December 05, 2021, 09:31:06 PM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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 think traders who have the job as a professional traders which means they trading for living are less stressful because they already faced similiar market condition multiple times. I'm sure they already have back up plan for every market condition so they will take decision based on their experience and not involving their emotion.
If the person is still have a job that could gain more income for trading, trading passively should be good though.

Professional traders have certainly gone through various market conditions which have made them more mature in making decisions,
based on the experience they have gained, of course it becomes a good capital to make a profit from trading,
I'm sure it's not easy to get, it takes effort and hard work

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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 think traders who have the job as a professional traders which means they trading for living are less stressful because they already faced similiar market condition multiple times. I'm sure they already have back up plan for every market condition so they will take decision based on their experience and not involving their emotion.
If the person is still have a job that could gain more income for trading, trading passively should be good though.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

this depends on each individual trader. if we are comfortable trading at one time and we are comfortable doing it, then that's a good thing for us to do. but sometimes we can't wait to enter the market and it happens naturally to every trader, therefore we can create another account to release our aggressiveness. but there are also those who offer copy trading without us having to trade ourselves, but we have to look for good references

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Quote from: LUCKMCFLY on December 04, 2021, 01:06:18 PM

Quote from: Cling18 on November 28, 2021, 12:38:45 PM

It all depends on one's goal because there are traders who prefer thrill and experience and there are also traders who are only into profit-taking. As for me, as long as we got the skills, we could do passive and seasonal trading depending on the period that we would want to take a good profit. I think the important thing is we're reaching the target goal that we want.

I think the same, passive prayers go more with what I am looking for in trading, as you say about looking for adrenaline, fun in trading I really don't see it that way, because to find that kind of emotions I would have to start trading at short-term or what they call scalping, in my case scalping requires a lot of technical analysis and precision when doing it, I think that I am not prepared to take that type of risk and that type of trading, the truth is that I prefer passive operations.

Dont really see the fun but the excitement and fear then i would say that these are the primary emotions that you would ever get and experienced when you do make trades.

This isnt for leisure for you to talk about adrenaline rush or something and decisions will really vary on someones personal experience.

I he has some enough experience in the market then you could point out which one would really be beneficial for you.

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Consistency in whatever you do is key and presents a better result, some persons have resolved at making trading on crypto currency a form of livelihood for them and as such do it fully, for them, it is absolutely okay to extract the finances needed for your daily upkeep but then the question remains, have you really gained expertise in trading??
Can you cope in days when you run at lose??
And for people who take trading as a part time source of income, it'll be best too to create quality time for trading in order not to have a backlash.

I do not see how trading poses as a threat to our physical and emotional well being that other jobs dont pose, if you're going to make income then you have to be ready to hurt your emotions once in a while whether you're trading Bitcoin or not.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

Well, it's totally up to you to trade passively or just trade once in a while for your all well beings. If you are good at trading, having sufficient knowledge of the ups and downs of the market you can trade passively. What we have observed is that people are interested in making more and more money so they just want to spend almost all day trading. But I think you must give some time to your own self as well. You are earning for your ownself. So your health is also important.

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Quote from: Cling18 on November 28, 2021, 12:38:45 PM

It all depends on one's goal because there are traders who prefer thrill and experience and there are also traders who are only into profit-taking. As for me, as long as we got the skills, we could do passive and seasonal trading depending on the period that we would want to take a good profit. I think the important thing is we're reaching the target goal that we want.

I think the same, passive prayers go more with what I am looking for in trading, as you say about looking for adrenaline, fun in trading I really don't see it that way, because to find that kind of emotions I would have to start trading at short-term or what they call scalping, in my case scalping requires a lot of technical analysis and precision when doing it, I think that I am not prepared to take that type of risk and that type of trading, the truth is that I prefer passive operations.

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It mostly depends upon the trader own behavior that how he could behave in the hard situations, and how well he is going to perform in the trader platform and the coins he bought for himself to get profit, seasonal trading requires more time as compared to passive one, so he should always be careful about what he have to do.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

If can do both means it is good, because what we aim in trading is a good chance, good moment and we wouldn't want to missed that. About emotional and physical condition, maybe we can fix it after put the order so we can minimize risk that might be coming after we made that order. But at least we're not missed any chance to gain profit.

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Quote from: sulendra12 on November 29, 2021, 04:27:52 PM

Of course you have to be mentally stable and not to be stressed to much when doing trading because it could affect your overall result later in trading.

It's needed to be stable mentally because it's your emotion that might put you in the wrong or right trades.

I'm stumbling upon being a seasonal trader as I'm looking for a lot of cryptos that I want to invest in. Despite having the budget, there's something that stops or delays me from doing it.

It's good I think to be both, passive and seasonal. You have passive investments while actively trading.

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Quote from: Cling18 on November 28, 2021, 12:38:45 PM

It all depends on one's goal because there are traders who prefer thrill and experience and there are also traders who are only into profit-taking. As for me, as long as we got the skills, we could do passive and seasonal trading depending on the period that we would want to take a good profit. I think the important thing is we're reaching the target goal that we want.

While I know that both type of traders that you are describing exist, in my opinion there is no place in the markets to be a thrill seeker, if someone is looking for something like that there are many activities where they could get all the fun and entertainment that they may like, when it comes to the markets everything should be about getting the results you want from your trades, because the moment that is not the goal anymore then it is obvious your profits will go down as now you are trading with a disadvantage compared to other traders that are laser focused on obtaining profits for themselves and their clients.

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Quote from: stadus on November 29, 2021, 03:15:20 PM

If you want to pay your bills then you have to earn income regularly, so choosing both is important. Day trading for me is the most difficult but the most profitable as well, as long as you have the knowledge and you develop your skills, then this is the best for you as it won't limit your earning as long as you have consistency.

It depends on what one needs as a trader. That would help to determine which trading path one should follow. To make regular income from trading, it means the frequency of trades needs to be high - to justify the search for profits. For someone who just wants to keep trades open for a while without necessarily needing regular profits, seasonal trading (otherwise known as swing trading is the way to go).

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

Should one trade passively or just trade once in a while for both emotional and physical well being.

It just depends on how people live, if they have work to do and don't have time to spare for trading then doing it passively would be a great idea for those people. And then if you are still young and still have time to spare you may want to do trading time by time as long as you can afford it, because making money when you are still young will be beneficial for future.

Of course you have to be mentally stable and not to be stressed to much when doing trading because it could affect your overall result later in trading.

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Quote from: stadus on November 29, 2021, 03:15:20 PM

If you want to pay your bills then you have to earn income regularly, so choosing both is important. Day trading for me is the most difficult but the most profitable as well, as long as you have the knowledge and you develop your skills, then this is the best for you as it won't limit your earning as long as you have consistency.

This is right, it depends on your goals why you are into trading.
If you are relying on trading to pay your monthly bills or for your necessary expenses, then, you really have to work on it and you will choose the passive trading.
Being a seasonal trading will not ensure that you can gain profits that can augment your needs.
But if you are just into trading to get some profits and you have other jobs to rely on, then no pressure in trading.
So when you decide to make trading your full time job, you have to be ready mentally, emotionally and financially.

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If you want to pay your bills then you have to earn income regularly, so choosing both is important. Day trading for me is the most difficult but the most profitable as well, as long as you have the knowledge and you develop your skills, then this is the best for you as it won't limit your earning as long as you have consistency.

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Quote from: zaesvlas on November 26, 2021, 08:05:36 AM

I am more of a supporter of regular trading. This option allows me to feel more confident in the results of my work.

If it works for you then it is good for you. It might not work for everyone, both day-trading (assuming you mean the same by regular trading) and long term hodling have its pros and cons.

Quote from: topbitcoin on November 27, 2021, 01:34:42 AM

I don't know what it is called, but i am trade only when my friend share signal from some telegram group or his own analysis, but if i did it myself, usually i do spot trading.

Well I hope you know what you are doing, because signal groups are often known to be coordinating pump and dump schemes. If you know your friend and trust them, go with it. But I prefer to do my own analysis before jumping in to place an order. So that in case I end up with a loss, I know whom to blame and I dont like blaming others for my losses. Tongue

In either case, I feel covering the exchange fees and minimums, I would buy/sell at long ranges and not for short term, keeping the base capital intact.

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It all depends on one's goal because there are traders who prefer thrill and experience and there are also traders who are only into profit-taking. As for me, as long as we got the skills, we could do passive and seasonal trading depending on the period that we would want to take a good profit. I think the important thing is we're reaching the target goal that we want.

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Quote from: topbitcoin on November 27, 2021, 01:34:42 AM

i am trade only when my friend share signal from some telegram group or his own analysis, but if i did it myself, usually i do spot trading. Never think about passive or anything else except when i am not in a good emotion,then i wouldn't trade because i will made it worse.

Literally you are into passive way of trading because you are not actively trading. Seasonal trading is when you are not looking for right opportunity to trade; for example, waiting for stronger bullish trend which can be either long term or mid term based. When people are not having enough skills required for active trading, then it would be better to go for passive way of trading like only trading on the availability of signals or funds and according their mood swings.

Quote from: redsun114 on November 27, 2021, 01:11:20 PM

you want your main source of income to be through trading, then you should know that trading seasonally is not going to be enough to get you that kind of life that you’re seeking for.

Seasonal trading is also kind of passive way of trading but it is all about trading only at right time hence if you are looking for making a living out of trading then you should go for active trading still that does not need to be day trading.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

It all comes down to who you really want to be. If you’re the type of person that doesn’t want to have any other job, and you want your main source of income to be through trading, then you should know that trading seasonally is not going to be enough to get you that kind of life that you’re seeking for. For you to be able to be someone that relies and makes their living through trading, then you will have to be trading everyday.

But, this requires you having a really good skill in trading, because if you don’t have a really good skill, then it’s going to be a route to losing all you have. Then as for those that have other things that they are doing, you can decide to trade seasonally. Although I still think that there shouldn’t be anything like the right time, it you should just trade anytime that you feel that you should trade and that’s it.

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Quote from: ven7net on November 25, 2021, 12:44:38 PM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

As a person who has tried to trade both forex and cryptocurrency, I can say that sometimes it is a very nervous activity, especially if you are a beginner. Therefore, it is probably best to trade sometimes so that you have time to rest. At one time I did this, I chose one or two trading pairs, which in my opinion are very volatile, and used them to make a profit, while I did not spend a lot of time and effort, and limited myself to a small but constant profit from trading, which gave me the opportunity to earn money and have time to relax.

It was a bit difficult for me when I started forex, keeping constant updates with fundamental RED news via forexfactory was a big challenge for me, of course news always has an instant impact on prices in forex trading, I thereafter switched over to crypto trading where I initially traded many crypto/USD pairs using cross margin as a day trader, obviously it was very tasking monitoring as many pairs as possible, however I was having mixed results, presently Iam day trading with ETHUSDT pair only thus having enough time to analyze and monitor my trades using 6 hour and above time-frames.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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 what it is called, but i am trade only when my friend share signal from some telegram group or his own analysis, but if i did it myself, usually i do spot trading. Never think about passive or anything else except when i am not in a good emotion,then i wouldn't trade because i will made it worse.

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Quote from: Zilon on November 26, 2021, 03:51:20 PM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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 seasonal or passively depends on how much time you can devote to trading. To earn passively you just have to be a full-time position trader who holds on to trade for long and this has to be with substantial amount of coin but for seasonal trader it can be a side business where you trade seldomly taking advantage of good spikes then opting out sooner to avoid been trapped. Which ever way it depends on how much time you as a trader has to devote to trading

Too easy to say yet too hard to do once you are in the position.

I don't believe in passive income if you are a trader since traders will suffer from losses too. There's no traders who aren't losing it's all part of the trading you lost or you win, depends on your strategy.

Seasonal traders are just long term investors who casually sell during bull run and buying back during bear run. Better choose what strategy suit for your style if you can handle the struggle of short term investment then choose it or long term investment for someone who just wants to wait for the bull run cycle every halving of Bitcoin.

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Quote from: DarkDays on November 24, 2021, 10:44:18 AM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

And it is important to notice this early on, there are people that have no business trading the markets but they do so and they do not realize until it is too late this is the case, and sometimes this has nothing to do with your ability to make money in the markets, there are people that can make profits by trading but they do not like the lifestyle that this entails, after all trading is a solitary activity in which you need to stare at your screen everyday for several hours, and this is not exactly a dream job for those that are extroverted by nature.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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 seasonal or passively depends on how much time you can devote to trading. To earn passively you just have to be a full-time position trader who holds on to trade for long and this has to be with substantial amount of coin but for seasonal trader it can be a side business where you trade seldomly taking advantage of good spikes then opting out sooner to avoid been trapped. Which ever way it depends on how much time you as a trader has to devote to trading

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Quote from: zaesvlas on November 26, 2021, 08:05:36 AM

I am more of a supporter of regular trading. This option allows me to feel more confident in the results of my work.

No one could really tell you what the strategy is to be used, every trader has their own strategy and we do what we think is more comfortable for us. For regular traders, it's good for them because they can make a regular income (not daily), so they can easily grow their capital and profit in just a short period of time.

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I am more of a supporter of regular trading. This option allows me to feel more confident in the results of my work.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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 think as long it is not day trading, we can control ourself and not forced to get profit daily. Because right time to do trading is when the moment is good. If me when i think market can't be forced to made profit, like when it is keep dumped and i don't know when it stop, then i take a rest and wait for good moment to doing trading.

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Quote from: Sanitough on November 25, 2021, 04:18:25 PM

Should do both.

Passive and seasonal trading are both profitable if you know the right approach.
It's an active and passive income, anyone would like that.

Personally, I have my long term investment that I will withdraw when the target is hit, while I'm also focus on trading short term as the market is easy to predict when it's bullish, so it's an opportunity for traders to be profitable as it does not require a lot of skills to be profitable under the current situation.

Im taking this one which is actually true and on point on which why would really need to choose one if you could able to do both? The more the better but of course the risk is more higher but we know the higher the risk the higher the profits so its upto someones risk taking if he could able to bare that or not.
because we do have different level of risk management which simply means that decisions will really vary on how you do see on things
and thats what make its hard for us to make out such move.

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Should do both.

Passive and seasonal trading are both profitable if you know the right approach.
It's an active and passive income, anyone would like that.

Personally, I have my long term investment that I will withdraw when the target is hit, while I'm also focus on trading short term as the market is easy to predict when it's bullish, so it's an opportunity for traders to be profitable as it does not require a lot of skills to be profitable under the current situation.

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Quote from: worldofcoins on November 25, 2021, 01:52:01 PM

The first thing which is necessary for everyone is to learn first. This includes learning market trends, learning how to trade, and learning at which time trading should be done. Strategy can only be made if you are fully prepared.
Remember your health also has equal (or should I say more) importance as well as your work. So give some time to yourself as well and prefer to work accordingly.

By going into this process you are helping yourself to analyze properly and know your possible strategy towards your trading activities, you can be a passive trader or a seasonal trader depends on your preferred timeline. In trading we should always follow our strategy and don’t listen to the noise of the public, it is still good to trade on your own. Keep learning everyday, and don’t pressure yourself too much just trade when you see opportunity.

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Quote from: ultrloa on November 25, 2021, 08:09:59 AM

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.

I agree with that when it is low market cap coins, but when it is the high end ones then I am not entirely sure if that would be said the same. Like for example if I talk about how awesome bitcoin, eth, ada, bnb, sol and whatever is, is it still "shilling"? I mean we are talking about something that is already at top 10, which means it is already loved by everyone and then it shouldn't be really shilling but more about how it is actually quite decent to suggest something at the very high level since it is already at high meaning it is already decided to be a good thing by the whole community.

Aside from that I agree that people will suggest what they are doing, otherwise why would you suggest something you are not doing, if it is so good then go ahead and do it yourself. So, it is not that people suggest it because they want you to do that too, they suggest what they do because they believe in that and doing it themselves as well.

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The first thing which is necessary for everyone is to learn first. This includes learning market trends, learning how to trade, and learning at which time trading should be done. Strategy can only be made if you are fully prepared.
Remember your health also has equal (or should I say more) importance as well as your work. So give some time to yourself as well and prefer to work accordingly.

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Quote from: DarkDays on November 24, 2021, 10:44:18 AM

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.

Unfortunately this is the true statement. I am not a great trader, I have studied it for years, I have worked on perfecting it for years, I have given everything I have for years and yet I am still not a good trader.

Maybe I am good compared to a lot of bad traders who panic and sell whatever they have, but the reality is that I have seen so many good traders that turn just few thousand dollars into tens of thousands of dollars in under a month that I realized that it is really not something I would really accept to call myself a good trader. Don't get me wrong, I am not some newbie that started recently, I have been here for long times, and yet I still can't trade properly and that is my main problem.

This is why I am a long term investor and now investing a bit into passive income stuff as well, it really allows me to be a bit more like me. I still trade time to time, but not for profit anymore, I do it like gambling, just to have fun.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

As a person who has tried to trade both forex and cryptocurrency, I can say that sometimes it is a very nervous activity, especially if you are a beginner. Therefore, it is probably best to trade sometimes so that you have time to rest. At one time I did this, I chose one or two trading pairs, which in my opinion are very volatile, and used them to make a profit, while I did not spend a lot of time and effort, and limited myself to a small but constant profit from trading, which gave me the opportunity to earn money and have time to relax.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

Try both, try something else, combine what you know and create your own strategy... Try this and that, be brave enough to try and smart enough to be careful, in the end, it's how you find out is there something for you or not. In the end, try things until you find what's suits you best and what brings you profit... And hold on to that.

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Quote from: BigBos on November 25, 2021, 09:18:01 AM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

The constant view of working with the screen causes me a lot of haunting emotions and sometimes I don't understand how some people can overcome it, such as seasonal and inspired traders, a few small failures are enough for them to post dozens of emotions and expressions every day, it takes months to restore the original rhythm while trading continuously increases the number of such failures, their nerves and brains are actually made of steel to be able to return to their original state tomorrow. Not communicating makes people lose their naturalness and ability to communicate, need to renew with new relationships and offload non-emotional things like trading.

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Quote from: BigBos on November 25, 2021, 09:18:01 AM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

Everyone has different goals when trading, so ask each one of us what we are trading for. If it is to be used as a job, in order to make a profit on
a regular basis, it means that we have to trade every day. Trading every day, we must often analyze the market, in order to predict where the market
will move. In contrast to trading occasionally, where we trade when we have free time or when the market is good. I only trade occasionally depending
on the free time available, just like you. Because for me trading is usually just to provide additional income, not as main job. The conclusion is that
both occasional trading and routine trading are equally good. Back to ourselves, but as long as we do it in earnest, want to trade occasionally or
trade regularly both can provide satisfactory results.

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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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: teosanru on November 25, 2021, 05:46:18 AM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Ararbermas on November 24, 2021, 10:01:02 AM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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?

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Quote from: Silberman on November 23, 2021, 04:45:15 PM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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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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Quote from: pawanjain on November 20, 2021, 09:07:09 AM

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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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: usekevin on November 22, 2021, 05:34:53 PM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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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Quote from: nelson4lov on November 22, 2021, 04:00:01 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 22, 2021, 01:47:54 PM

Quote from: palle11 on November 20, 2021, 09:36:53 AM

Quote from: pawanjain on November 20, 2021, 09:07:09 AM

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.

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Quote from: palle11 on November 20, 2021, 09:36:53 AM

Quote from: pawanjain on November 20, 2021, 09:07:09 AM

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.

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Quote from: pawanjain on November 20, 2021, 09:07:09 AM

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.

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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.

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Quote from: Charles-Tim on November 20, 2021, 01:42:30 AM

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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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.

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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.

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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.

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Quote from: BitcoinAccepted on November 20, 2021, 03:59:55 AM

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.

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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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

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Quote from: Strongkored on November 20, 2021, 12:35:32 AM

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!

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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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It's just like asking if it's better to build your own business, or be an employee. The former(active trading/business) would most definitely give more potential profit, but with more risk. While the latter(passive trading/employee) gives less income, but with far less likeliness of losses unless you mess it up.

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Basically the way the markets are now, whether it’s stock market or crypto. Are not typically normal. Most of the time the markets trend upwards very slowly or they trade sideways. There is money to be made but it’s very tough.

What happened since 2020 is that due to inflation and people stuck at home trading, it added tons of capital to all assets. So anyone could make money. It won’t always be like this keep in mind.

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When the correction occurs now, it may be time to take a bonus that is quite large in incentive in the future. Meanwhile, passive income in the short term is not very profitable. What we need to do now is stockpile more and wait for the market to rally again. Despite investors' concern is the depth of this correction is still continuing.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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 a certain individual because not all would really be that having the same reactions or being comfortable on various situations which means that each person would be having their own preference
when it comes to this.

As long you do make profits then it doesnt matter if it do came from short/active trades or simply into those swings/seasonal then you would really able to find out on where
you do fits most.

How? It would really be involving lots of trial and errors.

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Quote from: Tellek Garing on November 19, 2021, 03:03:40 PM

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.

Trade when you think you're good at by that time. No matter what type of trade you want to commit, seasonal or passive or active, you should be happy when you do the trade so that there's no mistake that you'll do or you won't regret it upon doing so.
I'm a seasonal trader and I do trades when I think it's the dip and when I can capitalize that very moment for me to make the best trades that I can see in the market.

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I think it all comes to one's strategy. There are people who prefer and make lots of money through scalp trading (which means one has to been on computer almost very day) while other take time and trade when opportunity comes up or when the market is trending.

Personally, I am not got with scalp trading. I prefer taking my time and trading only when necessary. I can make only 3-4 trades a month. Also, trading while expecting the profits to pay your bills ASAP is very dangerous and can lead the emotions to get the better of you.

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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.

Topic: Passive vs seasonal trading (Read 593 times)