trading is good for traders with passive mindset - page 4.

TheUltraElite

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Quote from: Digital_Lord on September 10, 2022, 11:33:50 AM

Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy.

The purpose is making profit from market movment and this is easily said than done. Panic and frustration are common in a speculative market and crypto is no exception.

But to handle the market as just numbers influenced by whatever damn reasons, is an art and the traders who are here for long have mastered this art of ignoring the world and trading just on the basis of charts and patterns.

Simple thing of buying low selling high is enough to make profit. Passive or active does not matter that much.

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Quote from: South Park on September 11, 2022, 02:17:43 PM

Quote from: sana54210 on September 11, 2022, 01:34:31 PM

The buy low and hold for a long time is the perfect one, it's literally the best type of investment I have made so far and I am looking to expand on that. My money is on bitcoin, ethereum, and a bit on other stuff but a whole lot, those are unimportant.

It means I will be able to earn staking rewards from ETH soon enough, and even if I do not have 32 ETH there are pools so it's fine. I would like to achieve something like that on bitcoin too but looks to be quite difficult to achieve, ETH is a blockchain related reward, BTC would be another thing. Both of them at at least 5% would be great, at least I would be getting something instead of waiting.

The holding strategy is without a doubt one of the most effective ones that exist, I know that some people believe that it is too simplistic and easy to implement, and maybe they are right but what matters at the end of the day is that whatever you do is effective, and holding your coins for a very long time has proven to be one of the best strategies that you can implement in this market, or any market by the way, so if there is someone that wants to implement a more advanced strategy they should at first master how to hold their coins

Remembered the quote by a famous stock trader: Buying part is easy, the hardest part is "sitting tight" and doing absolutely nothing...
HODL does not answer all questions about how to be profitable in the long run since the unpredictable risks can destroy this strategy suddenly. Swing trading and long-term market analysis are way more profitable rather than adding more stacks on each downtrend, IMHO. Depending on the trading style, each trader should choose which method suits him better.

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Quote from: sana54210 on September 11, 2022, 01:34:31 PM

The buy low and hold for a long time is the perfect one, it's literally the best type of investment I have made so far and I am looking to expand on that. My money is on bitcoin, ethereum, and a bit on other stuff but a whole lot, those are unimportant.

It means I will be able to earn staking rewards from ETH soon enough, and even if I do not have 32 ETH there are pools so it's fine. I would like to achieve something like that on bitcoin too but looks to be quite difficult to achieve, ETH is a blockchain related reward, BTC would be another thing. Both of them at at least 5% would be great, at least I would be getting something instead of waiting.

The holding strategy is without a doubt one of the most effective ones that exist, I know that some people believe that it is too simplistic and easy to implement, and maybe they are right but what matters at the end of the day is that whatever you do is effective, and holding your coins for a very long time has proven to be one of the best strategies that you can implement in this market, or any market by the way, so if there is someone that wants to implement a more advanced strategy they should at first master how to hold their coins

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Quote from: Detritus on September 09, 2022, 07:36:57 PM

Quote from: MrcMrc on July 01, 2022, 04:38:14 PM

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

Crypto Trading has more description, like buying low and sell high, buy low or high and hold for long time, lastly, trading crypto on CEX (centralized exchange) future trading. To carry out future trading, one must really learn very well and understand a lot of skills or will face the risk of losing their funds a lot. Traders who buy low and sell high just need to get information on the right coin to buy so also do investors that hold for long need the right project (token/coin) to invest.

The buy low and hold for a long time is the perfect one, it's literally the best type of investment I have made so far and I am looking to expand on that. My money is on bitcoin, ethereum, and a bit on other stuff but a whole lot, those are unimportant.

It means I will be able to earn staking rewards from ETH soon enough, and even if I do not have 32 ETH there are pools so it's fine. I would like to achieve something like that on bitcoin too but looks to be quite difficult to achieve, ETH is a blockchain related reward, BTC would be another thing. Both of them at at least 5% would be great, at least I would be getting something instead of waiting.

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Those people who are realistic and just focus on present purpose can actively do trading. There are numerous things which are to be kept authorized for the purpose of gaining interest. Crypto trading is almost done with the help of speculation, those who have alert and sharp minds are in my opinion will have more futuristic impact on their economy.

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Quote from: TheUltraElite on August 22, 2022, 03:03:16 AM

Quote from: Peanutswar on August 21, 2022, 06:46:57 PM

Trading is all about knowledge and emotional state battle when it comes into decision making that's the reason why if you want to commit a trade always be mindful about the possible situations might come and arise during your trading because it is volatile anything can happen and get easily manipulated in the market.

Remember that a professionally successful trader know both when to buy and when to sell. Not just hold. You have to recycle the money otherwise it ends up giving no return value to you.

they are professional traders who have done the analysis before starting to buy and sell. they have a price prediction that will be achieved. but about recycling money, it depends on the strategy they use. Maybe using 2 strategies such as holding for the long term and continuing to recycle money for profit or it can be said as a scalping method.

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Quote from: MrcMrc on July 01, 2022, 04:38:14 PM

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

Crypto Trading has more description, like buying low and sell high, buy low or high and hold for long time, lastly, trading crypto on CEX (centralized exchange) future trading. To carry out future trading, one must really learn very well and understand a lot of skills or will face the risk of losing their funds a lot. Traders who buy low and sell high just need to get information on the right coin to buy so also do investors that hold for long need the right project (token/coin) to invest.

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So anyway, I applied as a merit source :)

Quote from: Peanutswar on August 21, 2022, 06:46:57 PM

Trading is all about knowledge and emotional state battle when it comes into decision making that's the reason why if you want to commit a trade always be mindful about the possible situations might come and arise during your trading because it is volatile anything can happen and get easily manipulated in the market.

These emotions need to be controlled when trading. It is easier if seen from a more mechanical point of view like taking the buy and sell prices as just numbers which you are handling yourself. Then there are traders who get too attached to their coins.

Remember that a professionally successful trader know both when to buy and when to sell. Not just hold. You have to recycle the money otherwise it ends up giving no return value to you.

Situations will end up happening every few days, you have to handle it mechanically. Buy when it drops beyond a set price and sell when it rises. Beyond that, don't stare at charts all day, it invokes anxiety.

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Quote from: MrcMrc on July 01, 2022, 04:38:14 PM

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

In fact, trading is good for those who can be involved in trading all the time.Those who trade lazily never gain anything good from the trading platform.They cannot properly consider how good things can be earned from trading If you can devote all your time to trading platform then you will be 100% successful in trading platform that's why I say passive traders are really successful traders in trading platform.

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Trading is all about knowledge and emotional state battle when it comes into decision making that's the reason why if you want to commit a trade always be mindful about the possible situations might come and arise during your trading because it is volatile anything can happen and get easily manipulated in the market.

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Quote from: MrcMrc on July 02, 2022, 02:37:47 PM

Quote from: adaseb on July 01, 2022, 11:43:15 PM

People get hooked, quit their jobs, borrow more money and if they timing is off, well you know how it ends. Look at how many people were expecting $100K and most never took profits in the $60k. Same with those AMC and GME meme stocks.

Wrong timing that leads to failure can be attributed to both bull market and bear market at the same time, but the most important thing is to study the market and build up resistance skills. Well if the trader failed to cash in at the pick of the bull market but didn't sell during the bear market and the asset is in Bitcoin there will be some hope.

I know that timing in cryptocurrency is the best thing to do if you want to make a profit in cryptocurrency Trading so also the market and know when the market is going up and when the market is going down so with all this observation I think that any person that enter into the market will definitely makewell so cryptocurrency trading is something that requires patience and also required time Factor to observe what is going on between the bullish market and a bearish market

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Quote from: justdimin on July 04, 2022, 04:14:26 PM

Quote from: Silberman on July 04, 2022, 11:33:02 AM

Traders by definition have to be an active bunch, after all you need to read several charts and you need to do it more frequently the faster the chart moves, after all you need to interpret a chart of 15 minutes 4 times in the same period of time that you will interpret a chart of 1 hour only once, so I do not really agree with you unless you are actually talking about investors instead, investors can afford to be more passive in their approach to the markets as they are more interested in the long term than in the short term.

That "activity" should be something that could be risky for the trader at the same time. There isn't really a big deal at all if you just end up doing a long term investment where you hold it for a decade or more. Whereas a trader would have to be active and constantly do something and that ends up being a terrible situation.

So, just focus on what you are doing at that moment if you are a trader and be always ready for the current situation and always be ready for a drop, so have your stop loss and so forth ready. This way you could limit the loss as well. There isn't really a good deal to be trader to be fair, just be a long term investor and you would be fine.

There are traders who are really good in making profits regardless if the market is having a big crash or the market is dumping. But the risk is always higher compared to long term hodlers. Despite of it, some traders still manage and excel in their chosen career because they have the abilities and developed skills which will help them being passive traders. And once you're into trading, at least you should know when to trade best and when not to.

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Quote from: ItsCrafty on August 18, 2022, 11:31:12 AM

Yes exactly because a person with sharp mind will realize good things that will help him to achieve goals, he will always focus on the price of market and the coins which are the best to buy and sell. A person who is best in creating specific strategies and behave according to it will be a successful trader. A successful trader do not thing according to his emotions but act according to his mind.

very true, indeed a trader must have a sharp mind, because it is not just only to watching and playing,
but also must be smart in analyzing quickly, this applies in all aspects of trading, especially in futures trading,
of course smart traders and have sharp minds that will win!

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Quote from: Viscore on August 20, 2022, 05:42:46 PM

Fortunately, some people were able to control their greed and manage to pursue their trading goals as most are used to trade for long term. However, controlling one's greed is not enough to meet trading success. A good trader should also establish a passive mindset in trading, and being able to analyze market trends and events as they can can be helpful in knowing when is best to trade and when trading is not possible.

They only use their greed to give them a motivation to continue on what they are doing. This a proof that not all greed is bad but it can also be beneficial depending on how we use it. If they are used in trading then they are not new in here but the one we are talking about are the newbies which still lacks of experience when it comes to trading.

It is good to have a passive mindset so that we aren't pressured and we can think properly than compare to when we have an active mindset where our minds are always tired which can affect our trading performances. There is no bad times for trading I believe because this market doesn't stop moving.

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Quote from: xSkylarx on July 05, 2022, 02:22:40 AM

Quote from: kotajikikox on July 05, 2022, 12:40:36 AM

Trading is not for everyone , this had been the trend i have been read overtime but now i realized that it is wrong, trading is for everyone that literally interested to learn and earn and not those who were just here to get their profit instantly .

this needs time and effort and of course capital , because in the beginning we must lose first to learn and understand how this moves and how to make it right.

But not everyone can manage their emotions properly in trading which is necessary to become successful on it. Everyone can learn those charts, candlesticks, and indicators but only few people are able to control their emotion in different market situations. There are some people I know that have been trading for years that still get greedy when an opportunity to earn huge arises and forgot to stick to their trading strategy.

That's because people are greedy in nature. Fortunately, some people were able to control their greed and manage to pursue their trading goals as most are used to trade for long term. However, controlling one's greed is not enough to meet trading success. A good trader should also establish a passive mindset in trading, and being able to analyze market trends and events as they can can be helpful in knowing when is best to trade and when trading is not possible.

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Quote from: ItsCrafty on August 18, 2022, 11:31:12 AM

A person who is best in creating specific strategies and behave according to it will be a successful trader.

These people will have to do what's right because they have the correct thinking that test results do vary and that's why they don't give up too quickly. They create and test strategies because most are not going to last long.

Quote from: ItsCrafty on August 18, 2022, 11:31:12 AM

A successful trader do not thing according to his emotions but act according to his mind.

Being successful is already the end result. Even the successful ones have been tapped by their emotions and this can't be removed for everyone. Whether you're successful or not, you will surely experience it.

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Quote from: tygeade on July 11, 2022, 03:24:32 AM

There are differences between traders and investors. But, you could always have it together at the same time, how? Well, if you want to buy something and 15 minutes after you buy, that thing goes up in price then you could sell and make a profit.

But, if you are buying something and then it goes down, then you could hold it for a year and then sell it for a profit. You are the same person, and you bought the same thing, but depending on what the outcome is, you turn out to be a trader or an investor. This is why it is not really that much of a big difference between the two, the difference is what happens meanwhile. If you are willing to do it, then it's fine.

Yeah, in my opinion it's not easy to have a passive mindset though. We are human beings and we have emotions and it's hard to keep them under control. I never became a great trader because I fail to keep my emotions in check to be fair, doesn't need to be just bad stuff, even on good feelings I overreact and that's always a trouble for me, like keeping something longer than I should because I like it type of good intentions did hurt me.

So, I would suggest that being a long term investor is easier. All you have to do is buy and hold, that will result with you making a good profit and that way you could always end up with a happy ending to your investment if you wait for it long enough.

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Yes exactly because a person with sharp mind will realize good things that will help him to achieve goals, he will always focus on the price of market and the coins which are the best to buy and sell. A person who is best in creating specific strategies and behave according to it will be a successful trader. A successful trader do not thing according to his emotions but act according to his mind.

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Quote from: Rigon on July 07, 2022, 01:00:37 PM

Quote from: MrcMrc on July 01, 2022, 04:38:14 PM

Trading can be a hectic endeavor must, especially for those who are not persistent in their trading journey, but those who put all their time and mind into trading will develop skills over time that makes them more stable in trading. So in conclusion trading is for the passive mindset and not for the laggy mindset.

No matter what you do, you just have to be more discriminating with the help you render toward other people.If you do anything carefully, you will see that you have had good success from there at some point.Similarly, when it comes to trading, if you are always on the trading platform, you can expect something better from the trading platform at some point.Otherwise if you go from the trading platform to do something inadvertently lazily but you will not learn anything well You can be considered a successful trader only if you can get enough there to trade.

Yes, although what he says is true, that everyone who has been in business for a long time can develop many skills, it goes without saying that in these times things are happening that had not happened before, even not in the stock market, ´because there are a number of market speculators that I have read their books and for each fundamental they assured that they could lose money, and a fundamental as we have it now as: Pandemic, war, possible economic recession is something that I do not know presented almost at the same time.

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So anyway, I applied as a merit source :)

Quote from: hashrateproducts on July 13, 2022, 01:12:33 AM

So trading suits people with passive mindset as they make Profits and these set of people always have a way of handling or escaping the bear market.

Trading suits those who can remain calm in a bear market and in a bull market. Trading is not just about making profits but know how to make and when to make profits. If the goal in trading is to profit and not learn the process then it is going to end up as a chore.

What most traders get wrong is that they take up trading as another earning mode which is wrong. A speculative market is good for making side earnings but should not be viewed as a main earning. For this the passive mindset does not matter, what does matter is that you get into the right coin at that right time.

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