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Quote from: letteredhub on August 24, 2023, 09:12:28 PM

Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.

You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past. Cheesy

There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.

Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.

It is true that trading is not for everyone, on the other hand trading is good for those who understand trading well and follow trading strategies. If a trader can trade by following the trading strategy then he can get success from the trading platform whereas if a new trader is not experienced about the trading strategy then he will not get success from the trading platform. So it must be suitable for him to hold long without trading. If such a new trader can go long without trading then he will definitely have more success when the market starts a bull run. So those who have trading experience can trade and those who have no trading experience can hold long period instead of trading.

but still, more beginners are interested in trading rather than holding their assets for a long time. perhaps that can be done while they learn trading techniques. because trading cannot be learned, those who are now professional traders were also initially beginners in trading. they learn techniques and also gather experience in trading. especially those who are experienced and know what is a good situation to trade or should wait for a better market.

Most of the people who are attracted to trading in a new way jump into trading after seeing the success of others and are not well aware of the pros and cons of trading. Due to this they fail in trading. Trading is a very difficult thing. And those who don't want to accept it and consider trading as an easy way of income. So many big losses are made by wrong investment. The reason is that the price of each coin is constantly going up and down so no one can tell when the price of a coin will go down. So if one makes wrong investments here it will take a long time to recover them

Once you do see such success then you would really be having those assumptions that you could also do it easily without even trying out to be that realistic on how those people do able to attain those profitable trades on which its never been that easy nor simple. It is really just that those wrong ideas would really be the reason on why you would really be ending up miserable because of that too much desperation
but well, everything would really be realized along the way on the time that you would be able to learn up that trading isnt something simple that you could be able to obtain such skill.
It would really be taking up a long time and wouldreally be engaging into tons of various situations or conditions.

This is why when you do tend on hovering something over then you should really be making out such research so that you wont really be ending up on messing around.
Mistakes and errors are normal but on the time that you are really that making yourself being that adaptive then it wouldnt really be that much of a problem.