Hello to my fellow community membes,
Friends today I am going to share why trading is not a thing for everyone. It is not the cake to eat by each and every one of us. I am not a trader and that is why I can say this very well.
A few days back I got a thought of starting to do trading in cryptocurrencies and when I wanted to start me and my friends were talking about how we can make a lot of money maybe even about 5-10% a day but the situation actually is not the same.
We have very little knowledge of how to see the charts and that is why we were relying on people who give calls and that is how we were trading.
Now I am not saying that I did not make profit at all but the sad thing is that if I made profit of $8 I lost $9 so in total there was a minus $1 loss. So I think I am not capable enough to handle the stress that comes with trading.
So friends that is why I think trading is not for everyone. We already have heard this phrase a lot of time but I am an example of this phrase to be true.
Now what I am going to do next is I am simply going to wait for this bull run to end. I do not know when it is going to end but friends yes I am going to wait for it to end so that I can buy Bitcoin.
Once it comes down and confirms a bottom and that is the time when I am simply going to become a long term holder of Bitcoin and Ethereum.
These two are the tokens I am going to buy but I think there is still a lot of time left for that to happen. Some people say that it is going to happen in 2027 and some people say that in 2026 by the end of the year we are going to see the market crashing and confirming bottom.
So whatever happens I am going to try to take entry at those price point and hold for next 5 years as trading is not my cup of tea.
Friends what do you think about trading have you ever tried it and if you tried it how was it for you because for me it was a disaster and I am totally fine with it because I did not put a lot of money I lost some money but it is okay with me because I was ready and I was prepared to lose it.
Thank you friends for reading my blog till the end.
