Ordinary nobody goes into a business or investment with the mindset of losing, but however for the business of trading it is inherently required that as a beginner you must get a mentor or somebody who teaches you ways and means on how to go about trading, so in teaching you, he will tell you about the fact that you will get losses along the line, because the market variance and force's can work against your predictions anytime.
So for me your mentor should be your guide so as to reduce those risk, so you don't just walk into trading without caution inside you.
At the same time some of these mentors especially those one on YouTube that only want their videos to be the best, they don't speak much about losses only how to make profit and you'd agree with me that many who only think of getting more profit are those who uses their imagination to start up trading, they just picture themselves to be at the top above every other starter.
I think getting someone like a mentor shouldn't be a problem but the issue is how good is the mentor because everyone needs to be careful not to be in the losing side of trading, not everyone we call mentor has what it takes to guide someone to the right direction.
My decision to pause my Bitcoin trading at least for now and concentrate more on building a Bitcoin portfolio through long term HODL was not a hasty one. I have thought about it properly, following my experience in trading. I have tried a lot of things including paying for several mentorships, using Youtube and many other resources and practicing on demo which usually yield good results but when real money is involved, it is a different ball game. I'm not saying that it is impossible to succeed as a trader but the process is not just a straight forward one like most mentors and Youtubers will make you to believe. Of course the risk is also in another level that should be a huge source of concern for anyone aspiring to take that route.
Another thing I also noticed while trading is that you can make profits for one month of trading and lose all in few bad trading days which means work done becomes zero... no progress, all wasted efforts. This was what made me to sit down and analyze the process again and then decided that instead of this back and forth, let me change strategy that will give me better results. So, for me, trading is not bad but for now, I will have to focus on what is working fine and giving me peace of mind.
I was not discouraging anybody from HODLing or investing in bitcoin, as investing in bitcoin is one of my primary responsibilities in my constituency, especially conscientizing the people i can about the need to invest in bitcoin. But what I was pointing out was the fact that, for any beginner that fathoms the idea of wandering into trading, the first projections that will be placed on your training table as a beginner are the losses that are involved in trading, which are the prerequisite knowledge you need to equip yourself before venturing into trading, however for the fact that you didn't succeed in trading, doesn't mean others will not.
Of course investment in bitcoin and holding is less risky compared to trading, but some persons that have the mind to trade wouldn't be patient enough to hold, so the options are there for everyone to choose