Quote from: JeffBrad12 on Today at 03:59:04 AM

Quote from: Btcalysis on March 14, 2025, 07:32:32 PM

Trading is very risky than people think until they are losing and become addicted to trading before they will realize this. Some people have known bitcoin since some years ago but they are still struggling. They are struggling not because they did not have money in the past but just because they are trading. They wanted fast money and they lost and lost several times.

It is better not to trade but hold when the price of bitcoin fall very well but they like quick money. You can gain in trading and later lose your money. Trading is only good for those that are not losing. If you have been trading for some months and losing, stop trading and be patient. When the price of bitcoin fall, you can buy it and hold it instead.

Trading is really a game of speculation, but people just put fancy word trading, from my experience, predicting next market move is almost impossible unless you got insider information, so yes if you're bad at speculation maybe its time to ditch it for holding or investing.
Most of bitcoin holders outperform majority of profitable traders anyway, you got 6x within 2 year or less by holding, I rarely see trader can pull that off since most of them also trade with 1% of our portfolio as margin if we trade derivative.
It really isn't for everyone.

Predicting prices is never been that an easy job on which this is where traders do and thats why for us to be able to handle and sustain atleast then this is where we do make use or having that analysis on which it will be that needing up for us to sustain at least or lessening up the risks factor when predicting on prices on where it would be going. How many days been trading on? It will be vary on a certain trader on which neither there are those who just that recently been starting and there are ones who have been doing these for years. Experience will be that different on which it will be showing up basing up into the actions or on how a certain individual taking up this volatile space. Its not that simple but its not impossible on which this is the main reason on what makes people do interested on trading it up. Once you do able to have that good grasps towards this space on enhancing up your trading skills then it could be able to bring up that potential financial freedom once you do have that good trading skills being developed on which you do know on how to make money with market volatility.