Topic: The most difficult times (Read 474 times)

There is always a stage to pass and a stage to reach in trading when you start your trading journey it might looks very simple but as a trader who has gained vast knowledge through the years would always understand what it takes to become successful in trading as a skill based work. The beginning who always jumps into trading newly might not know there are stages to pass but as they keeps advancing the more difficult it becomes at then they will say if they knew all this there isn't a day they could have ventured into trading maybe that person has decided to break out of newbie to become an intermediate trader that is why when joining trading you shouldn't go with higher amount rather can start with small amount.

Most of them are not willing to do dummy trading before actually putting in money on the line. With dummy trading one can get an idea what to expect and how they would usually react, this gives them an edge over other newbies.

Trading is a long term learning experience and needs patience. Most people will not make profits but reel under losses. In this context remember that trading is not for everyone. Those who understand how to play the market will make profits in the long run by playing it safe and those profits will not be huge. So dont try to make trading you primary earning, but a side hustle.

Actually it’s not the difficult time,it will be your biggest decision making time.Because the trading of cryptocurrency is not easy one,it merely like the gambling.So you should have more patience to get the good results.If you get some pressure because of the loss in the trading,you may do the random trading by the emotional side.Instead you have to wait till the end of the trading year was completed.If you have invested from the beginning of the trading,then you should have patience till the year end.The trader who invested their money at 30k at the bitcoin will have good profit at the current value of the bitcoin with 42k dollars.

I would also agree that the most difficult time in trading is when one takes its first move towards trading. The fear is there that anytime he will commit mistake and lose his funds eventually. The real challenge is how you start trading and apply your learned skills and strategies out from demo trading, and lessen the mistakes and losses, and instead encourage and maximize profitability.

However, we all know that beginner traders are mostly exposed on losses than gains, and that is normal for newbies in trading. But if they keep learning trading from various trade practices, they will gradually learn on how to trade and on how not to lose but make profits.

Trading losses? They are the course itself, not just a parody of it. Your viewpoint serves as an important reminder that trading involves risk. The first step in developing a resilient trading strategy is realizing this truth. Backup plans are esential. They are an active component of a trader's toolkit, not only backups. A skilled trader is able to change course quickly and adjust their approach accordingly.

The call to persevere is a rallying cry for all traders. Sufferings are stepping stones, not obstacles. Every difficulty encountered and every barier cleared develops not just talent but also character. So take on the storm, take something away from every gust, and come out stronger!

It is true that when we have a good understanding of crypto trading then we will be able to enjoy profits in the trades that we make, it takes a lot of time that we spend in trading to really understand it well and when we have a lot of experience we have to keep learning it in order to continue understand well about trading.
Everyone who is just starting out will certainly experience difficulties because they are not used to trading and when we have experience and also understand trading, we will be more accustomed to trading.

It's not easy to do crypto trading; that's the truth; it requires strong dedication and determination to understand something like this. And when we do it right or give it, who will be the first to benefit from this matter? Aren't we too?

So what others say is true: the success of our future in this field is actually in our hands. So the difficulty in the business industry is just at the beginning, and when we overcome it, we will definitely get the profit we hope for.

Like what they say that the beginning is the hardest. And when someone who's starting to trade and sees it hard to trade, you're not wrong. Trading is hard whether you're starting as a newbie or someone who's experienced. When you hear experienced traders saying that it's hard, it literally is hard. And that's why many don't survive as many are just losing instead of winning in trading so, if you get caught by your emotion and understands the risk, you can revert that into investing.

If there would be no losses then i would say that its not a business or venture because we know that when it comes to risks then we do know that its not something that there's no exemption when it comes on incurring losses and this is something that you should really be that mindful in speaking about the risk. When it comes to difficult times then it would be just normal that in any business venture there's always chance for you to make yourself that having those losses and this is why it would really be that important that you should really know on how to make yourself that having those back up plans on whatever you are dealing with.

Make yourself that knowledgeable and trying to hone up your skills and experience on which it would really be that making yourself way more better in terms of overall capacity
on dealing up with something which it does require those specific skills and decision making. Dont easily give up because challenges and hardships are really just that normal.
So sustain and survive would be your primary aim on this one.

It cannot be denied that profit and loss occur in every business. The difference between a new and an experienced trader is that the newbie does not know the profit or loss, where he can make a profit and where he can lose in the trade. In any business an experienced person takes a step he believes that he can get a good profit from it, whereas a newbie does not understand any step properly so he may end up with loss instead of profit. How a newbie has knowledge like an experienced trader If he can trade like an experienced trader then how can we call him a newbie?

You may think that the most difficult time is when the market is going down or bear market, but experienced traders can get good profit from trading in bear market and even when the market is falling. So try to know the difference between a new trader and an experienced trader.

Sadly, many a trader don't like to take the time to learn and acquire that knowledge when it comes to trading. They think trading is a shortcut to riches. Everyone goes through a period of apprenticeship to acquire knowledge, even in formal school environment but they want to jettison that as traders. The resultant effect of not taking the time to learn in trading is that those who are involved are often left with a history of several blown accounts.

Learning period is like gestation. The stress and discomfort are always there but the smiles of a safe delivery will make every ordeal disappear once a successful birth happens. It's the same thing with trading. Once one acquires the set skills and becomes profitable, all the loss of the past are recovered.

The skills in trading are indeed simple, but applying them is what is difficult.

Often you are watching the market and panic strikes and pulls away the logic from your brain. When the market is dropping it is not the time to sell and join the FUD gang but the time to buy at the lower price.

It is never a get-rich-quick scheme and even day trading carries a lot of risk but is not comparable. Although I mostly speak for long term trading, it will never make one rich overnight. It takes time to be resistant to emotions here.

Whether newbie or experience trader we should not forget the fact that in every business there must be profit and lost, but one ability to make his profit overshadow his lost is what makes one a good trader.
As a newbie you cannot just venture into trading without having an understanding of what trading is all about, so even the newbie is well equip and knowledgeable, just like the experience trader because I don't think one will just want to lost his money just like that.

So the most difficult time is when the market is down or doing bear

The year was passed and we can’t get back to the oldest time,So the trader must use the current halves of the bitcoin to earn some coin for the future.The knowledge of trading was the essential one in the trading community,So the earning will be the easiest one.But the traders who learn to hold at the hard times will shine in the trading,because trading at the earliest stage was more important one.Because you will have enough bitcoins in your wallet.If the price of the bitcoin was increased,you can easily earn more money from the trading of the bitcoin.

You are right, because what we need to acquire the skill of trading is time, and what makes someone a good trader is the ability to know how to research and put it into function, no one is a professional trader because the skill you use as a professional trader a newbie who started yesterday can be able to understand another means of trading that will make he or her to venture into profit, what matters most in trading is the ability to make a research or learn and know how to overcome trading obstacles in other to avoid venturing into loss.

Learning how to trade as a newbie might be the most difficult time of our life. This is the time when we act like baby in the trading field.
Time when we need to learn fast and focus on what we want. Time when we don't have full knowledge about what is happening in the market and everything looks strange to us. Time when we need to take a careful look of every advise we are given.
There are different things that need to be learnt for us to get to where we belong, all we need is just focus and perseverance.

The most difficult time is the starting phase and the most difficult to manage for newbie traders is their greed. If they can't control their greed every time they trade, then most likely each trade will only end up into a frustrating loss. Trading takes time to learn, and you can only learn if you have the patience and consistency to study the market.

While trading can be harder for newbies, but the rewards are definitely worth the wait. The reason why despite of the fact that trading tough and hard, people still insist to learn so they can trade and gain decent profits.

Taking your time to slowly get better is important, people should get a hold of that and we should definitely see something that will change a lot when the time comes, I understand it may not be all that great, but we need to make sure that it is going to get better with time. I understand it is not such a big deal at the time, but with more time it is going to get a lot better and people will like it one way or another.

I hope that we could all get to a point where it is going to get a better situation, and we should be doing something that gets some attention, it is not going to be all that much of a big deal with time, it is going to get better eventually. You just need to keep working at it until you become a good trader.

whatever you choose to start, you almost certainly have knowledge about it before you begin; otherwise, you may wind up at zero. Even in ordinary business, if someone wants to get started right away but has no prior experience, things won't go according to his plans. I'll return to trading now. Not everyone views trading in this way; some believe it's a way to start making quick money and don't want to learn about the risks involved because,  anything has a gain there may be a loss as well.

Many people here experience this kind of behavior, particularly the biginners who were introduced to cryptocurrency right away. The first item we search for is how to start trading. What do you believe will happen in the end, supposing you desire to trade but have no prior trading experience? For this reason, it is beneficial for us to get knowledgeable about cryptocurrencies and their technical analysis.

This is what some newbies don't know about crypto trading, because they feel crypto trading is a something you can just start today and begin to make huge amount of income like the way professional traders are making income not knowing that professional traders acquired the skills of crypto trading some years ago. As a beginner, you need to take your time to study how the market work and how many years you can hold your coins in your wallet before trading them in the market for profits purpose which are some of the things newbies need to embrace. Most traders in the community succeeded by patience in their holding, because if you can hold your coins through out the bearing season till the bullish season appear you will definitely achieve something great in your trading.

Verification is definitely needed and is the main requirement before choosing mentoring.
and also see how recommendations from others about the person who will be the mentor.
That way it will be clearer how the quality of the mentor chosen, not just teaching and of course must be able to trade and mentoring must be more expert.

$200 is only for 5 meetings with 1 hour per session, quite expensive.
But is it comparable to the knowledge taught, and is he an expert mentor?
I can't guess about the standard mentor fee, but $200 is pretty expensive for me.

I didn't even have a mentor and was just self-taught from articles and some YouTube videos.
The most important thing is how seriously one learns and is consistent in what one wants to master,
and the flying hours of that trade also affect, it will form good trading emotions.

$200 mentorship fee is quite expensive for a 5 session. I think it would be better if it's one on one mentorship so that the mentor can focus on his progress what he should really need to improve to be a better trader. I hope your son will gain a lot of knowledge with that sessions and I hope that all the lessons will be recorded so that he can re-watch if ever he forgot something important in their lessons. And also, you and your family members can benefit it.
My only advice for your son since he is just starting to learn trading is not to focus on the profit, always follow on the trading plan and the profit will follow.

actually nowadays they come more expensive , there are mentorship offering online but the rate is really that much, My eldest son enrolled for 5 sessions and yes he needs to pay 200 dollars just for 1 hour mentorship for 5 days yet this is not a one on one session , instead comes with a group.
I am still waiting for the outcome as this is just the day starts , in 5 days wishing that my son will learn how to trade properly things that I am not good at 

An experienced trader can also loss money but the percentage of losses of experienced trader is less than that of unexperienced trader. If you have experience in trading then you can manage the circumstances well with the help of your strategies but if you have no idea that how to handle the hazardous situation and how to make money even don't know that which coin is better for to hold longer or to trade according to the market situation then you cannot take profit from trading.

If someone find that trading is not for them then they should invest amount in the coins with solid Foundation like that of Bitcoin and ethereum in which your loss will be minimum and if you are unable to use your strategies then hold it longer so when you find favorable condition and price is maximum to give you profit then sell it to overcome loss. Trading needs tough timing whereas investing needs just money and recognition ability of selling and buying beneficial coins.

Looking back at year 2021, when the bullish market started, there are lot of mentorship programs that were coming out. Honestly, if you don't have knowledge about trading and you wanted to learn trading you will get easily persuaded by mentorship program. They didn't know that there are lot of mentors who can't really trade. You will only noticed that if you finished the mentorship and start trading. It's a great lesson to all new traders who really want to join mentorship that to verify first if the mentor is really profitable because they can't really guide you in your trading journey especially the bullish market is now starting. "How can you help others if you can't even help yourself?"

Experienced people are more able to adapt to the trading they do because they are used to dealing with it, while beginners have no experience so it will be quite difficult for them to adjust. Trading is not as easy as imagined because it requires knowledge, experience and mental preparedness to carry it out.

Doing business requires capital and business knowledge and for trading requires knowledge about trading and capital too. Expectations must match abilities and there is no such thing as a get-rich-quick scheme for anyone involved in trading because we never know the level of volatility of the coins we are trading. Unfortunately, people get caught up in what people show, even though those who are rich in trading also go through many initial processes before finding wealth in the trading they carry out.

That is the main point that must be understood, there are those who succeed and not infrequently also fail, the question is if there are people who succeed well why do they have to fail? maybe one of the reasons that I would like to say is that those who fail are one of the people who are lazy to learn and do not want to struggle or even doubt themselves that they cannot be like other people who have succeeded because they feel that the journey of their involvement is too difficult.

Basically everything, especially in achieving success, there will always be a process that we have to go through, and the other question is whether we really have a strong determination or not to achieve it, it is still unknown because only they know about how serious they are in achieving their success. All the best things will always be produced by experience, someone will succeed when they can get up from failure or downturn and there will be no success if there is no process of difficulty in achieving it, simply put there is nothing instant like you said.

mentors are just teachers who will direct how you trade.
Success certainly depends on how well one learns trading and makes strategies that can be applied.

Success is not how one makes a lot of trades or trades using large capital and profit.
But how each strategy used is achieved and in accordance with what is expected.
Using a small amount of funds only as a lesson, the important thing is that trading goals can be achieved.

Patience and discipline will make trading run according to the rules that have been made so that no mistakes are too big.

To become successful in trading doesn't mean you should spend a lot of time. There are traders who spent less than but can manage to be profitable. In my opinion, personalities and attitude is one of the key to succeed in trading. One of the best quality we need in trading is patience and discipline, if we don't have this then there's no good strategy. That's why some traders wondering if their mentors are really profitable because after the mentorship they can't manage to be profitable.

If we can trade just like how professional traders do it, then most likely it will gain the highest positive outcome. However, it's hard for beginners to act as if they are skilled and reputable traders when they are still learning the process to trade. That's the most difficult time in trading, assessing yourself if you are reliable to do it or just quit in the process while you are still not losing too much.

But, no matter how difficult trading is, it can always be study and learned, so beginners have no reason to quit but to endure the difficulties in trading until one will find himself good enough to trade and combat losses. After all, mastery in trading do not just happen instantly, there's always a process that one should familiarize and mastered in the long run.

It is just to say that we all have faced difficult times before making any success but despite how difficult it was we still have found a way out and break through it. Our mindset is one that urges us not to quit but if we are already in doubt, I was certain that it was impossible and this is what happened to most traders as they quit when experiencing losses.

If we are determined to reach our goal, nothing is impossible and we do everything in order to succeed. Success comes after hard work and perseverance.

It makes sense. Because usually, how you will become next and how your success will be is determined by our beginnings. How do we start our trading business, how does the city start it with thorough preparation or not. Usually, sometimes people underestimate trading, because they think that trading is an easy thing. But the reality is not like that.

 If we are serious about starting our trading with thorough preparation from various aspects, such as finances, knowledge, strategy, trading analysis, and also emotional and risk management, this will make our level 1 in trading quite good. rather than just prioritizing luck.

However, this practice is not only about how it started, but also its consistency and sustainability which will also have an influence.

Sacrifices and hard work always present at first but the moment you are able to over come this, I’m sure you can tell easily how worth it your journey is and yes trading is not an overnight success because it will always take time. The process to become a good trader requires time and a lot of effort, there will be mistakes at first and many losses and if you will not give up, I’m confident that you’ll succeed in the right time.

You are right. All of this is not easy, trading requires a lot of flying hours, even one or two trades does not make us immediately understand everything. we need more and more experience to really mature here. Trading is not just about making us rich quickly, it requires mature decisions in taking action as well as high flying hours and being prepared to take high risks too. I am quite sure that people who survive in trading are genuine business people who are not afraid of losses and have a lot of flying hours.

Hardwork would always pays of and if you are that someone who do set out those kind of plans then you should really make yourself work hard because nothing would be progressive if you would really be remaining still
and it would really be just stagnant. You cant really expect on having a successful life if you wont move. This is why if the time you are deciding on touching up trading space then you should really that make yourself that get prepared on whatever the things that you might encounter and one of those would be blown up accounts and balance which i could say that it would be normal. There's no way on learning trading overnight
and if someone do promises you out in regarding on this one then its a scam.

Hovering yourself into a field on which you dont even know on what it is, then it would really be just that common sense on what are the things that you must do because if you
wont really be making yourself that sensible then you wont really be able to catch up on what are those things since from the start.
Dont expect that this one would really be a smooth journey and this should be always the thing that would put up into your mind.

All the professional and experienced traders that we see are also once a newbie and I think for once, they also have that " get-rich " mindset. That's normal for us people, and this is the reason why there are those influencers who talk about it, because they also knew that this is on the people's minds. They only fuel things up, especially if they are promoting something.

There are still people who won't easily believe on what they see, especially if it's already too good to be true. Indeed that trading is not easy as buying and selling, but I think drawing a support line is not a basic thing in trading. I don't even know how it work or look like, lol.

You are right many newbies came in to trading because it's seems so simple, or youtubers influencers made it so simple and make  huge profits.
Like they make videos where they say like this "see here we drawn a support line, from here to price will take support" and people see it and think oh wow this is trading? it's simple.
there is more to learn in trading, and we need to learn a lot to be profitable, or to not lose more.

It's not really easy to be successful here in crypto trading, and this is true because I experienced it; it took 2 years before I fully understood it. Trading in this industry field is not easy to understand. That's why others say that they understood it immediately after a few months; I don't believe that they understood it 100% immediately.

When it is said 100%, that means all the tool indicators you know how to use and you know where and how to use them correctly. There are still too many tool indicators for you to know them all. Everything needs to be really hard before we can truly understand it.

Any beginner who has just started trading and has little experience will definitely have the most difficult time in this regard. In fact, before entering into trading, I personally learned some basic insights in trading and ways to analyze the market. But when I practice directly in trading on the market, it turns out that theory is sometimes different from reality. Many variations do not even exist in theory. But I have friends who are mentors for me. He watches my trades and guides me when I'm on the verge of getting FOMO or when I'm starting to get greedy. He made me disciplined in trading. And he always said that experience would teach me if I truly evaluated every step I took. And it turns out to be true that the most important thing is that we must not give up. And we must continue to correct every mistake we make. Theory can be learned easily. But it turns out that mental resilience in trading can only be obtained from the trading experience itself. The more experience we get, the stronger our mentality will be. Without a strong mentality, we could even get out of the trading plan that we have made ourselves. So emotional management in trading turns out to be important to learn too. Because it is all related to our mentality during trading.

Exactly. I can see this kind of experience in other people. Some people want to spoon-feed on them like they can't start with their ownself or initiate even small.
Because if you want 1 thing, you will start it from your self, you need to stand up and make the first step because no one else will do it for you.
Trading is difficult so, you need to be aware of this always even in the beginning.

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.

It's very difficult for a newbie in the cryptocurrency space to not touch altcoins. I can understand that, it's a rookie mistake. They're green to the industry so they don't know much about it. They do not know why it's best to stick to Bitcoin, they don't know that there are so many altcoins that will remain shitcoins.
They might just gotten the idea that if you buy a crypto coin today,  it might make you a millionaire sometime in the future.
So that's an understandable rookie mistake.

The same goes for trading Bitcoin. They already know how to buy and sell Bitcoin. They know how to use an exchange "How hard could it be".
They've already gotten the orientation that crypto trading is the new oil. They feel it's just normal to buy and sell until they start losing so much money and realize there are so many technicalities between buying and selling in trading.

Trading does not require extraordinary skill. The rules used are simple and can be learned within several months. Therefore, the difference between beginners and experts is several hours of learning, but obtaining accurate news from sources not available to the public and the ability to analyze market variables to understand trading trends and how it is affected by political and economic factors is what makes you achieve more profits from more experience and knowledge of the basics of trading.

The most difficulty for newbies are
- Avoid trading Bitcoin.
- Avoid touching altcoins.

If they can have bitcoin but avoid trading bitcoin, they will be Bitcoin holders and will easily get profit by holding bitcoin.

When holding, they must hold their bitcoin safely and not store it on centralized exchanges.
Reminder: do not keep your money in online accounts
Recommended wallets

This is true. It's only ourselves that can create our own success no one will put in hard work for us, we need of course do ourselves. Many people today 2023 have forgotten about it because the new world being so curled.
Lucky many on this forum have seen this and don't buying the shit the governments trying to play with us citizens. Crypto is a perfect way around this that's why I love places like this forum. Even tho I don't agree with everyone here about everything, we all agree in the love of bitcoin and decentralized places.

Trading as a beginner or as an experience traders might gives us different results like the possible outcome of your trade base on your vast knowledge about the craft, but we should not forget that the work we put in even when we are blowing different account defines us.

In every business in life, knowledge about it and what it entails to succeed is always the key.
Someone that has been learning trading for years and someone that just jumped into the market base on the fact that he believes that trading is a get rich quick scheme can never be the same in terms of execution and vast knowledge of how to navigate his or her ways in the market to come out profitable.

The most difficult level in life generally is level one because that's where you put in the work, and during that time, you will see enough reason to quit more than enough reason to continue, because you are definitely going to blow up so many account while in the learning process, but the ability to continue learning and pressing forward even when things aren't going our way defines us. Nothing good comes easy, so if we must succeed in trading even as experience as we are, we must keep on putting in the work to learn more, so that we can be a better trader and reap the rewards of our work.