Topic: Trading sucks, I'll just hold my coins - page 11. (Read 25900 times)
Its good to just hold your coins then to trade as trading may require more attention where to invest how much to invest.Thats a bit good in case of coins same like your btc,the price value is going up high and high without yours work.Its will be better to hold coins than to trade..
see this topic long time ago. And I wish I can do the same thing like you. just hold. buy many coin then I check coinmarketcap every tick and lost money
I traded today for the very first time with the Litecoin high. I got around USD200 profit with a small amount of money just to feel how it would be. I could have gotten USD300 dollars for the day but I was greed and didn't take the money hoping it could increase my profit so I "lost" a little bit.
It was a very emotional process during the day. I lost focus during work monitoring Litecoin ups and down through the day. Luckily I work on a computer so I can do both, but I can tell it takes a lot of time and energy.
I want to find a nice balance because we can easily lost track os everything else just monitoring the market.
I was pleased with the results though. The harder part for me was choosing the right time to take the money out when it's high. When It's low I've no problem holding and waiting for it to be better. Anxiety was high during all day though. With what I earned I already reinvested in another coin that I plan to hold for a mid/long term.
I liked trading I will continue to explore this world, but I got scared how it can "dominate" your mind. It's like an addiction. I don't think I will be doing this everyday.
It was a very emotional process during the day. I lost focus during work monitoring Litecoin ups and down through the day. Luckily I work on a computer so I can do both, but I can tell it takes a lot of time and energy.
I want to find a nice balance because we can easily lost track os everything else just monitoring the market.
I was pleased with the results though. The harder part for me was choosing the right time to take the money out when it's high. When It's low I've no problem holding and waiting for it to be better. Anxiety was high during all day though. With what I earned I already reinvested in another coin that I plan to hold for a mid/long term.
I liked trading I will continue to explore this world, but I got scared how it can "dominate" your mind. It's like an addiction. I don't think I will be doing this everyday.
I agree, since this was also my reaction during the first months of trading, you just need to get a hang of it and it will be easy in the long run, you can watch tutorial videos on youtube, just do not follow one person, try to follow or watch them all, then do what you think will be beneficial for you, if you are still having a hard time try using bots for your trading, and while doing so, make sure you still study how to become a successful trader, don't just rrly on bots
Trading does suck at times especially after a huge loss. It requires a lot of research and patience; of course, you also need to have a mind set that risk is always present when you do trading. Don't let a bad experiences stop you from trying again. Best tip yet is to hold onto it as much as you can. Nowadays, making profit with alt coins is very difficult apparently due to decline in value. That is the part where your patience is need and simply wait for the next pump.
The biggest mistake while you are watching huge price increase to read the people opinions in the chat or telegram groups. People are talking crazy things and they to much excited to think clear, logical and follow their strategy. If you unexperienced trader it's good idea just hodl strong assets like BTC or ETH for long term.
Exactly, this is why most people will fail, they listen to the others with crazy goals instead of setting their own personnal goals
I think the best one can do these days is to hold the bitcoins and that is by all means the best trade of the moments. All the altcoins are down and they will remain down unless and until bitcoin is stabled. So there is no point doing altcoin trading now. The best thing here is to hold the bitcoins.
The biggest mistake while you are watching huge price increase to read the people opinions in the chat or telegram groups. People are talking crazy things and they to much excited to think clear, logical and follow their strategy. If you unexperienced trader it's good idea just hodl strong assets like BTC or ETH for long term.
Exactly, this is why most people will fail, they listen to the others with crazy goals instead of setting their own personnal goals
I think the best one can do these days is to hold the bitcoins and that is by all means the best trade of the moments. All the altcoins are down and they will remain down unless and until bitcoin is stabled. So there is no point doing altcoin trading now. The best thing here is to hold the bitcoins.
This is a review for a certain trading platform I have been working with for quite a while and to do them a small favour I decided to leave a small note.
The name of the platform is Coinstec.com, they went public not too long ago and are accepting new clients in order to work with them for the long term.
In my experience I've deposited all my savings, and made lots of withdrawals and even kept a bit of coins with me as instructed.
I'd recommend to work with them and see what you can do, unlike many other trading platforms they are working in a good way.
the website is www.coinstec.com, my personal account manager is Alex Carter if you're willing to have the same experience as me
The name of the platform is Coinstec.com, they went public not too long ago and are accepting new clients in order to work with them for the long term.
In my experience I've deposited all my savings, and made lots of withdrawals and even kept a bit of coins with me as instructed.
I'd recommend to work with them and see what you can do, unlike many other trading platforms they are working in a good way.
the website is www.coinstec.com, my personal account manager is Alex Carter if you're willing to have the same experience as me
if you just hold the coins you certainly will not get a profit because with trading you can get a profit and get a high price. if you just hold the coin make sure you hold it in a safe place to avoid hacking and phishing.
I also tried to become a trader for the first time I was successful and I earned 30%, but the following became very difficult because of the bitcoin's high price I could not afford to buy a bitcoin so I was I decide to level up my rank first so i can apply to a signature campaign to get a bitcoin and like you i leave my bitcoin with a pro. trader.
I think so that in trading, you never lose. Either you earn a good amount of profit or you learn some great experience which can help you in making better decisions in the days to come. The thing is trading is really a good thing to do but if you are suffering again and again, then it is better to leave trading. Holding is also a good option but for that you really need to remain patient.daytrading and now leaving it all for long term holding.maybe 5-10 months is
enough for me unless my coins make a great movement and needed to take it
out of holding..because trading is not just a money making strategy but sometimes
it was a losing machinery.
The biggest mistake while you are watching huge price increase to read the people opinions in the chat or telegram groups. People are talking crazy things and they to much excited to think clear, logical and follow their strategy. If you unexperienced trader it's good idea just hodl strong assets like BTC or ETH for long term.
Just Bitcoin! You will be the rich with Bitcoin in next few years, but remember it still depends on the amount of money you will spend to buy Bitcoin and invest for long term. It does not mean you will be the rich within short time and you do not have any risk. But if Bitcoin can not increase in the value, Ethereum will not increase its value too.Trading can increase our income but it could also give us a big financial problem, we need to honestly evaluate ourselves and take risk if we are confident that we have the skills that will give us a better chance of being successful.
The biggest mistake while you are watching huge price increase to read the people opinions in the chat or telegram groups. People are talking crazy things and they to much excited to think clear, logical and follow their strategy. If you unexperienced trader it's good idea just hodl strong assets like BTC or ETH for long term.
Just Bitcoin! You will be the rich with Bitcoin in next few years, but remember it still depends on the amount of money you will spend to buy Bitcoin and invest for long term. It does not mean you will be the rich within short time and you do not have any risk. But if Bitcoin can not increase in the value, Ethereum will not increase its value too.
I always recommend to have 2 wallets one holding and the other trading, if you dont have time or experience i will recommend use robots or just hold
Trading does carry a high risk too especially in the crypto-currencies trading market, but one of the main reason that attracts a lot of investors trading in the crypto-currencies market is the huge volatility in it, this would allows some investor to gain huge profit in just a few weeks time of trading.
Yes! The volatile nature of tens digital currencies is the major reason why people keep trading with these currencies. You never know when you coin is going to increase in value and provide you great profit. Well I am myself very much in favor of trading but only when you have good knowledge about coins and pretty confident about doing great with these coins. Otherwise no need to do trading just to check your luck.
these days marke of most coins is in bottom , i have lost more than 20% yesterday , but im not selling my coins coz i beleive they are good and can back up more powerful , paitent is the key!
I had the same experience in the early days with trading 
lesson learned... now I am with a group of traders and we earn by day/mid-term/long-term trading.
You can checkout our last earnings here:
https://docs.google.com/spreadsheets/d/1MQis_iNtwCCBO8v88f7MSrLxBSDzJu48xfYluDjFMUE/edit?usp=sharing
lesson learned... now I am with a group of traders and we earn by day/mid-term/long-term trading.You can checkout our last earnings here:
https://docs.google.com/spreadsheets/d/1MQis_iNtwCCBO8v88f7MSrLxBSDzJu48xfYluDjFMUE/edit?usp=sharing
In trading it takes knowledge of trading and should be able to read the market well, know when to buy and when to sell, I also experience bad trading and hold my coins in a long time, but that is normal in trading, keep patience and passion for trading
Experience and time will make you mature on trading some altcoins. Holding is the best option if you are decided to leave trading, you just have to invest your faith and time . But the op can also go back and continue what he left behind.
If you don't have any knowledge of trading and if you are investing blindly and depending on luck to make profits then you are actually gambling with your money so its better to stay away from it and simply hold your coins.
Indeed trading is sometimes annoying because it can make us feel a lot of losses. But if we are right in trading then it will get huge profit and quickly in appeal with investment. Keep doing it slowly.
The biggest mistake while you are watching huge price increase to read the people opinions in the chat or telegram groups. People are talking crazy things and they to much excited to think clear, logical and follow their strategy. If you unexperienced trader it's good idea just hodl strong assets like BTC or ETH for long term.
Exactly, this is why most people will fail, they listen to the others with crazy goals instead of setting their own personnal goals
Second this! I also made my first (very bad) trading experiences while listening to some people on a discord group and in another telegram group. I suffered quite some losses because of that and now base my decisions never on the opinions of others. Since I stick with that, I made good profits!
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