why people lose money in trading bitcoin is as result of lack of understanding, when you understand the procedures of Bitcoin trading you will not lost, so many persons that involve themselves in cryptocurrency trading need to learn the trading very well, I think that one of the things that makes us to lose is when trading is due to lack of understanding, but if you pay attention to understand the work you will not lose, trading requires more understanding more information to carry out your functions in trading, so I believe we have to understand such before we go into trading.
Do you understand the "procedures of Bitcoin"? Care to share some light on what those are? If the understanding of such can guarantee profitability in trading, why aren't you filthy rich yet?
Reading posts like this can really be irritating sometimes. Any trading bears an inherent risk of a loss, and Bitcoin is no different. If anything, it's more risky than most of the traditional markets due to its volatility. No amount of knowledge/understanding/experience can prevent you from a loss, as your trading performance depends on the behaviour of other traders and events outside your control.
I don't know exactly where is the point that if we understand trading we will not lose from it while the real fact is even if you know about it and how expert you are in the field losses is inevitable.
If there's sure income from trading for sure people will ignore to do long term investment and focus on trading since there's sure income on it base on what he say. Market is so volatile that's why the trading is risky and doing it is not recommendable to anyone who's afraid to lose their money. Even if they have deep understanding on trading still they don't be complacent on it. No really amount of knowledge can prevent loss since it will really came since everything in trading is speculation and sometimes what we expect didn't happen.
That's why lots of people like HODL more its because it lower down the risk and we don't need to do extra curricular activities to increase our chance to win, but patience is important since they need to deal with bitcoin for long term with this option they choose.