Re: I see many users talk about trading but does anyone here actually trading?

Quote from: Strongkored on December 08, 2023, 04:06:10 PM

Quote from: BabyBandit on December 08, 2023, 08:25:17 AM

Isn't it mean to give tips and talk about things that maybe someone will read when you actually don't know what you talking about? Isn't it fraud? Huh

Of course that is a mistake and if we are still very new to trading or our knowledge is not deep enough about trading then we should not give any advice even if we are making a profit when giving advice.
I used to trade and it must be said that crypto trading is only profitable when the market is bullish but when the market starts to bearish everything becomes more difficult especially if done only with emotion, so I decided to only be an investor by buying BTC whenever there are funds left or when the crypto market starts moving up by buying several altcoins and selling them a few months later with a profit that will certainly be proportional to the capital used, I mean expecting profits of tens of thousands of dollars with capital of only tens or hundreds of dollars in short term is a lie.

It's certainly a huge mistake if you are giving tips and suggestions when you're not actually a real trader. But somehow, I believe that if you are a real and good trader, you would not easily believe on what other people's say or do, because in trading there's no one you can trust but only yourself. So even if other traders seem to influence you, you will remain unbothered because you already know that what works for them might not be working for you.

I have made significant trading and investing experiences but as for now, I prefer to focus more on long term hodling because of the nature of my own job, aside that it's also less risky and less stress.