Post
Topic
Board Trading Discussion
Re: Which sort of investor are you?
by
Oshosondy
on 11/02/2024, 08:34:02 UTC
For me, as a trade, you need to surpass all the trials along the road because it's difficult to trade. All successful traders right now have a lot of experienced, ups and downs.
That is true. But some traders just have no option anymore than to quit after several losses. Trading is not as easy as some prior think it is. They will trade and lose more, continue to trade and continue to lose more. Most traders just quite while only few are the ones that are later making money. If someone is not greedy, they will be winning more than losing.

As a prominent trader or investor <...>

Those two words in the same sentence sound almost contradictory to me. But not entirely, because you can be an investor, usually long-term and after a thorough analysis of the asset you are buying, and at the same time have a part of your portfolio for shorter-term trading. In my case I am much more of the former than the latter, and the more time passes the more I realise that the best thing to do is not to touch investments.
Did you meant that investment or holding is better? If you go for the right coins like bitcoin, ether, litecoin and some other food ones that are not shitcoins, yes holding is better than trading. Trading is just seen as a fast way of making money, but the most result is the fast way of losing money.