Topic: The most difficult times - page 3. (Read 536 times)

I tend to agree, it takes your precious time.
For my part, it took years before I entered the battlefield in trading, but it doesn't guarantee that I've always been in a win-win situation.
I've also encountered losses and difficulties despite that long experience.

Until such time it comes into my mind, why I need to put in a high risk in daily trading if holding in a long term also can obtain profit.
There's no easy way of making money in trading, as I see, even experts may experience certain losses too.

True! even an experienced traders still face trade loss or lose trade but that trades doesn't affect them as its part of the trading and they are ready for that mentally and emotionally, also even if they lose some money in a trade they can get it back because they know how to counter it, so even a beginner is smart and skilful in analysing, in the face of unpredictability of trading a crypto currency, they will face hard ship and losses that's why not just the skill, experience and knowledge should be work on to grow, also the emotional state of the traders, they should be ready to accept if they lose money from a trade, it only means that you still have room for improvement and learn from that mistake. Trading is very hard, yes, but it will be rewarding if you know how to handle things and are ready for its uncertainty.

All of those learnings would really be able to acquired with real experience and time spent on dealing with this unpredictable space and that one wont really be just not a short time.  

Trading is never been simple an something that you could really be able to take grasps on, in a short period of time on which it would really be just that so normal that you would really be spending up some
time for you to be able to have a good understanding on how this market behaves and how it works and on how you should react.

Yes, trading doesn't require extraordinary skills but it's always an advantage if you enter the market with adequate knowledge and skills that will create higher rate of success compared to those who are still starting to learn the process. That being said, it's always better to develop trading motivation at an early time because once it's already established, it will be easier for traders to go out from their comfort zones and learn trading the best of their ability and skills.

The beginning is always the most difficult time, but when you have already overcome those struggles to make you a good trader, then it will be easier for you to perform trading based from your gained knowledge and abilities in trading.

A trading is something that we all know that you most take a precautions before you will be beneficiary to it, sometimes people might think that trading is very easy from their perspective but when they venture into they understand how difficult trading is all about, theirs some certain things we have to understand with this subject or headline of this thread, you can not think that trading is easy or every is easy to actualize or achieve, you most be concentrated before you can achieve anything you want.

The most difficult time for any types of endeavor is the ability to start. No one gets the same high motivation to start most especially in trading where the market is highly unpredictable and volatile. And traders who have no knowledge in trading will definitely get doomed in the end. That's why it takes knowledge and learning experiences for newbies not to get scared on their first attempts. Once they do that, they will unlock the first step in trading and continue to trade with knowledge and confidence.

Cryptocurrency is not for the weak rather its for the strong. We only exists to fight and struggle for our cost of living, there's absolutely nothing we can boldly depend on other than our solid foundation set out. There are indeed difficult times when we crave for better days and there some days we keep milking the system and ensure to grab relevant informations that will help our lives in the future. We make mistakes which will lead to us losing and we also sights good points and ensure to grab significant profits when we triggered good entries in the market.

holding is the easiest that even when you hold a failed shitcoin in the bull market, you still can make money as long as your timing is on point. you buy in and sell just right.

trading in the bull market can be easy though. i think it's just timing like he said seasons can be favorable for newbies.
the bull season can be a good opportunity to trade by just buying when coins dip and selling when price soar up to the overbought level.

trading isn't so easy that an experienced person will only keep making profit in a certain time, it's not like that,
if you have 10 years experienced in trading but still there is a possibility that you will be big loses here,
newbie can holding bitcoin in long term it's absolutely batter than trading, but they started in altcoins,

If the newbies avoid trading Bitcoin and altcoins, so what are they going to trade in the market since the market is a place where we can trade and make money for ourselves. Normal trading is not easy and we need to do the right thing to make sure that we don't lose money when we are trading because any thing can happen in the crypto market. We need to make sure that we do what is going to give us profits as we trade in the market. Whether newbies or not, we need to trade and make profits.

Of course. What and how a city will become will depend more on how it starts, how it prepares, and plans. If we come without any bribery in terms of knowledge, skills, and various other important things, as well as the city's unwillingness to learn, then the results will be clear, there will be more failures. However, this will be different when we start wisely and are prepared with knowledge, a continuous learning process, increasing personal competence, learning from experience, as well as good and wise management, then there will be more progress and appropriate results. Even though the city will certainly experience failure in the process, it can use this failure as a weapon to become a better trader. Is it easy? Of course the process is not easy Moreover, crypto trading is high risk and complicated. It won't be as easy as selling in the city like in the real world. There are many aspects that are often unexpected in crypto trading, especially market which is volatile and often surprising. Therefore, this takes time and stability in terms of knowledge and others when we are really ready to trade

The time when you want to start with trading is probably the most difficult time for it. Although we all know that it's only hard in the beginning but it gets easier later on, but if we don't have enough courage to start and take those risks, then we will never see our potentials and capabilities in the process. Trading has its own process and everything can be learned in time, but it will definitely take a lot of time first before we can say that we are already good and reliable traders.

Dealing with the risks and overcoming them would be very difficult for beginner traders. But everyone started with scratch in trading, it only needs patience and persistency so we can also achieve what those successful traders have achieved with their current position right now.

Nothing good comes easy and so is learning how to trade and becoming a professional, you won't find it easy to learn. It'll take you many trials and errors until you finally master a strategy that you can use to make profits when you use it. As you grow, you'll have to learn new things too or you'll be left behind and not have a modern day strategy to use for trading. Learning never stops when you're a trader, the market will keep improving everyday and so should you.

But when you learnt very well during your earlier stages, you'll find it very easy to adapt to new strategies and make profits. The most difficult times are when you're starting new but as you grow you'll get use to the challenges that the market throws at you and when you defeat the market, you'll come out stronger with more experience that'll help you when you face the exact problem in the future or when you see similar challenges and you'll triumph over them and make profits.

Your point is an important reminder that trading is a skill that takes time, patience and learning. Beginning traders often face challenges and setbacks, but it is important to remain motivated and committed to continuous improvement. Success in trading does take effort, and the lessons that come from losses are often inevitable.

Indeed, that the most difficult thing for newbie as they do exactly opposite they invest into altcoins and trade bitcoin which shouldn't be the case as Bitcoin should be considered as an long term investment especially for newbie and the reason behind such blunder because of the misconception that all the altcoin can give them huge returns and Bitcoin has already achieved it's peak and may not grow further. People don't realize that there are thousands of altcoins and even if 100 of them pumps still it's too less because remaining altcoins fails, but Bitcoin is a sure shot gain. Unfortunately people realize this only after losing it all.

But an experience trader can use Bitcoin for daily trading with minimal margins and small gains.

I’m a seasonal trader for so many years yet I’m still experiencing losses on trading due to crypto volatility. Trading cryptocurrency is a work in progress until the end because the price action is always unpredictable even how good your TA is due to manipulation and other factors that can result sudden movement on the price.

That’s why holding is far better than trading on crypto because the price action is stressful while the price always pumping long term especially in Bitcoin. You can guarantee profit and less stress if we just hold on Bitcoin instead of trading it or any altcoins.

Just like what I advised at the gambling section of the platform a while ago, there is no perfect advice for trading as well, while some advice of perseverance could amount to dragging people more to ruin. I always advise traders to learn and give trading all it takes to make them successful (that's if they could indeed make it as to have absolved themselves of all blame of not trying at all), but at the same time, I put the clause that if your limit is reached, do not fight it too harder. This is particularly important if the person has tried it for years and has wasted money in the guise of making money in trading. I see no sense in that.

It can never be a misplaced fact that only a few would ever be making money in trading, and I believe that this makes much sense because if the majority were to be making money in trading, the market would crash itself because those who are providing liquidity are doing so because of the money they gain from it, and if they couldn't gain money when traders are so experienced and gaining all the time, they will pull out their liquidity. By the way, that's for the traditional market setting. For the crypto, assuming, traders are now providing liquidity for themselves just as the exchanges claim, the issue will arise when there is panic withdrawals as that is capable of ruining any exchange running their business on people's money alone, and this explains why Binance disallows some withdrawals when there is an obvious reason for tension on their platform at times. Therefore, everyone can't be winning in trading, and winning amounts are likened to withdrawing too, it doesn't support liquidity after the trader closes his trade and this would have shifted the right from the exchange to continue using it for liquidity at that time.

Could you please explain what you meaning with your claims? Thanks friend. 

I think it's more about the time you spend on trading that can make the difference. I mean if you are a beginner, obviously it's going to be very difficult. But if you continue to chase it and believed that you can make money, then go for several months and see how it goes.

And with that, it's a learning process, there are ups and downs, but definitely there is a learning curve for months and years. And if someone do learn from their mistakes in trading and as you gain that knowledge and mature, maybe there will be time that you can make profits in trading.

Since the OP explicitly talks about trading cryptos, I find your suggestion that one should not trade at all remarkable ... especially here in the trading discussion subforum.
Basically, it doesn't matter which asset you trade ... whether houses, stocks, gold or cryptos, the point of the whole thing is to end up with more than before. Of course, this also applies to Bitcoin and altcoins.

Where I agree with you, however, is that you should simply HODL with by far the largest part of your crypto portfolio. This is by far the most lucrative way to increase your FIAT, especially for beginners. Of course, you won't get more cryptos this way.