Quote from: Natalim on July 09, 2024, 08:22:55 PM

Quote from: Porfirii on July 08, 2024, 06:52:07 PM

Quote from: CryptoGuGu on July 08, 2024, 06:43:58 PM

I actually believe that 99% of people are losing in trading. A much better option is to focus on top projects and invest in them. You will earn your money sooner than later.

What do you mean by investing in top projects? ICOs? buying alts and holding? NFTs?

I agree with you that trading is very risky, some sort of gambling IMO (although not as much as 99% of losers...) but hodling is also risky if you choose the wrong project, or simply if the the market behaves the opposite of what you expected in the long term.

-snip-

Now, much more risks are there when trading. You cannot just trade without analyzing the market well and how its coins move in the market. And if you are just trading for the sake of quick profits, believe me you are bound to lose a lot first before you will experience real profits from trading.

Yeah, although you mentioned analysis, and I don't believe much in technical analysis (and just a little bit more but not much in fundamental analysis). Most of us (if not all) can't predict the moves in the short-time even with the best info we can afford to get, and when we managed to do it in retrospective, I think that a major factor if not the only one was chance.

Not much better when hodling, but at least if you hodl you can liquidate whenever you want, of if you need the money, and until you don't sell you keep hope.