Quote from: electronicash on Today at 07:33:19 AM

Quote from: tbterryboy on Today at 06:36:03 AM

Quote from: MrcMrc on July 01, 2022, 09:38:14 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.

Yup, trading is hectic and if you are a type of person who cant handle a hectic situation then trading is not for you. In trading one must be persistent here to try again if ever they fail on their first few attempts. I cant only agree on some of the terms that you used there like passive mindset.

I think this one is not appropriate in trading since trading is supposed to be an active activity so the mind of the trader must also be active at all times but indeed that a laggy mindset should be avoided. The only lag that can be accepted here is your internet connection because that was unavoidable. Sorry mate but the word passive best applies for investing.

trading is not just short term though.

someone from youtube which i watched weeks ago was that you can make money in bull market but you can be rich in bear market. traders who are really patient in investing and buying coins in bear market does have a passive mindset as they are looking forward to what will happen in the future.

But do not you think that such a move more closely fits an investor than a trader? Anyone buying bitcoin now and expecting to get profits from holding will have at minimum to wait months or even years for that to happen, there is now way this can be classified as a form of trading as at most a trade could last a few weeks and at most a month, and even if a trader did something like that it means that during the time they made those moves they were not really thinking as a trader but as an investor.