Why are people getting scared to Trade - page 4.

MissNonFall9

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Quote from: Best-mary on February 12, 2024, 05:37:03 PM

Lately, I have noticed in most crypto groups I'm in, many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

Edit

So, like I said earlier I'll do some research about this and I realised that most of you are right. I just discovered that there are many ways people make money out of events, I wasn't too diverse at first before I posted earlier but now I understand.

Judging from these two links the first one is still ongoing while the second one finished last year. So it seems there are different ways to get money in a simple term and be safe with your assets not necessarily mean you must trade especially if you're using a cex

https://medium.com/@fortunedivine04/spin-win-on-bitget-your-ticket-to-exciting-rewards-46b72a605d75

https://www.bybit.com/en/promo/events/earn-carnival

A person must invest minimum capital in order to earn a standard level of profit in trading. And to build this capital many can attend airdrops or crypto events. Two other things that are very important in tread are adequate knowledge and good skills. I have analyzed various online jobs people have realized that there is no alternative to trading to get good profits.

Hamphser

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Quote from: pusaka on May 22, 2024, 02:42:28 PM

Quote from: Learn Bitcoin on May 22, 2024, 02:53:34 AM

The simple answer is because of the little knowledge of trading. There are various types of trading, and not all of them are suitable for a person. Another reason is, that people come to start trading without learning it properly. Trading seems to be too easy, but they are not in reality.

People get trapped and lose a lot of money because they start doing binary trading and futures trading with a lot of leverage, which is more dangerous than gambling. They lose at the end and they get scared of trade because of that. Various platforms have trading options but not all of them are the same. People trade on CEX as well with Cross margin and they drain their entire account when they get liquidated.

That's what comes to their mind the first time they know the word trading, yes, they think that trading is an activity that can bring profits quickly, even though in reality it's not easy at all.
When they try to do it, what they think and what they feel will be very different. People like this are usually people who want an instant way to get money.
When they lose money, they will become afraid and will even think that trading is something like a Ponzi scheme or fraud. Even though it was their own fault.
People like this are people I meet a lot, and they even say something to invest in us so that we run their money (trade with their money) and share the profits.

On the moment that you would really be making those outright conclusions about trading and trying out to reflect yourself that you could really that easily do it without any issues then you are really that subject on messing up yourself into this manner. Sooner or later you would be able to find out that experiencing those huge loses specially if its your first time and since you dont have the experience on how to do it then loses would re ally be inevitable and these things could really be giving out that kind of realization that dealing up with this market is never been that easy. Some could comeback stronger and wiser but there are those people who would completely turned their back just because they had experience the worst or simply they dont like to lose money and this is why they get scared.

On the moment that you would really be that making yourself that having that kind of mindset then it would be better to reassess yourself and getting in lien with the reality.
Trading isnt for everyone but doesnt mean that you wont really be tending to do it because of the imposed risks.

pusaka

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Quote from: Learn Bitcoin on May 22, 2024, 02:53:34 AM

The simple answer is because of the little knowledge of trading. There are various types of trading, and not all of them are suitable for a person. Another reason is, that people come to start trading without learning it properly. Trading seems to be too easy, but they are not in reality.

People get trapped and lose a lot of money because they start doing binary trading and futures trading with a lot of leverage, which is more dangerous than gambling. They lose at the end and they get scared of trade because of that. Various platforms have trading options but not all of them are the same. People trade on CEX as well with Cross margin and they drain their entire account when they get liquidated.

That's what comes to their mind the first time they know the word trading, yes, they think that trading is an activity that can bring profits quickly, even though in reality it's not easy at all.
When they try to do it, what they think and what they feel will be very different. People like this are usually people who want an instant way to get money.
When they lose money, they will become afraid and will even think that trading is something like a Ponzi scheme or fraud. Even though it was their own fault.
People like this are people I meet a lot, and they even say something to invest in us so that we run their money (trade with their money) and share the profits.

Learn Bitcoin

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The simple answer is because of the little knowledge of trading. There are various types of trading, and not all of them are suitable for a person. Another reason is, that people come to start trading without learning it properly. Trading seems to be too easy, but they are not in reality.

People get trapped and lose a lot of money because they start doing binary trading and futures trading with a lot of leverage, which is more dangerous than gambling. They lose at the end and they get scared of trade because of that. Various platforms have trading options but not all of them are the same. People trade on CEX as well with Cross margin and they drain their entire account when they get liquidated.

OrangeII

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Well, when someone looks for other ways to earn coins, such as from airdrops or other events, this doesn't mean they are afraid of trading. They do this because it can also bring profit to those who do it. They can use the money they earn from the airdrop or event for investment or trading capital. However, it is just one of the ways used to raise money. They could use the money for trading or other things.

Ever-young

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Quote from: OGsmall on February 12, 2024, 05:55:31 PM

Quote from: Best-mary on February 12, 2024, 05:37:03 PM

Lately, I have noticed in most crypto groups I'm in, many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

Well OP trading is not something one should merely flinch into like that, trading comes with a lot of specialties and I will say your knowledge and wisdom come first above all, trading is a very professional profitable investment it has also helped so many people in one way or another, see op telling you little from my experiences in trading when I was a newbie in trading it felt like me given up but as time went by I started to understand the concept of it steps by step and I obtained to were I am now, I guess trading can not truly yield significant profits

You are totally correct and I agreed with you, trading is not just something to burst in just like that, it's a day job, it's not even something someone will just tell us about, it's all about dedication, time, energy and also being smart and also having self control, because all this is what it really require, if not one can regret or fall into sickness from a lot of mistakes, that is why it's important to know and do research before trading to avoid mistakes that will màke us fall sick or feel emotional down.

Fiasem20

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Quote from: Jonyshake71 on May 19, 2024, 07:37:34 PM

But if anyone aim to be Trader, then he or she shouldn't scared at first. And should continue learning and keep trading with small amounts from beginning.

Exactly if a person's aim is to be a trader there is no essence of being scared, tho we humans we are bound to fear.If a person has the strong desire to be a trader and then he/she is envelope with fear it will create nothing but indecision, it's best you make a move and get things done instead of being scared,no risk no gain.In trading you make a move by acquiring the fundamental and technical analysis of trading and start practicing with what you can afford to lose.

Jonyshake71

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OP, people already know that they could I earn money from trading but they scard about the process which is very difficult to go through. Trading is not like you yourself with trading and you will start doing profit from your trades! There are many ups down in trading as as well as you need to go through with heavy mental pressure and not everyone can handle it. And there is no surety at all, market can change anytime and make many professional trader dumb. But if anyone aim to be Trader, then he or she shouldn't scared at first. And should continue learning and keep trading with small amounts from beginning.

adpinbr

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Yes, people are getting scared to treat because Trading is not something you should just go into without understanding it very well. I encounter a lot of challenges few years ago concerning Trading because I used to hear about Trading from friend and I feel like there’s something I can do to make profit by the time I start reading. I realize that I am losing a lot more than they do so I asked her what is going on why am I not making Prophet? They told me that I need to understand it very well it’s not just by going to Trading because I’ve had it now I have to ask him. Why didn’t you tell me earlier they said if they tell me I won’t list it to be I don’t want to make money

AmoreJaz

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Quote from: Tahid12 on May 18, 2024, 07:52:38 PM

First of all you need strong mindset, emotional control, patient and many more think while you are going to start trading. In trading, you don't know what will happen with your altcoins. It could pump or dump anytime what will give you lot of stress. Stress make people weak and many people can't tolerate this. They afraid of losing there money. But losing money is very common in trading. So instead of getting scared, you have to admit it and go ahead. You can't gain anything big without risk

But do bear in mind about the project you are taking part with. Just like those people who are joining the airdrops and other similar activities, they are after for the possibility of trading those currencies in the market. But before getting those coins, a lot of these projects are requiring to complete some specific tasks. Before you complete one, make sure you are not compromising your privacy or identity for free coins, which may never get its value in the market.

Tahid12

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First of all you need strong mindset, emotional control, patient and many more think while you are going to start trading. In trading, you don't know what will happen with your altcoins. It could pump or dump anytime what will give you lot of stress. Stress make people weak and many people can't tolerate this. They afraid of losing there money. But losing money is very common in trading. So instead of getting scared, you have to admit it and go ahead. You can't gain anything big without risk

Bananington

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Quote from: MiF on May 17, 2024, 06:56:23 AM

There are so many reason why some traders afraid to trade, and i experience some reason like not enough capital, or no vacant money as capital on trading, think about emotions, the market condition etc.,

Lack of confidence affects new traders a lot, and to some of them it takes a lot of time before they are able to break free and build enough confidence. It is difficult to have the confidence to start trading the market when you learnt trading on your own, but if you learn trading under someone and then under careful guidance, the person sees your progress and then one day gives you a confidence boost that you are now good enough to trade the live market, it will give you a level of confidence. If you learn to trade on your own, show people around you your result, so they can help you build your confidence.

Fiasem20

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Crypto users are afraid of trading because of the high risk of losing their coin.Even with the risk of losing,the volume of trading is increasing daily.The risk of trading doesn't kick it off from the crypto space people will still trade despite the losses that why it's essential to know the fundamental and technical analysis of trading.

AnonBitCoiner

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Quote from: MiF on May 17, 2024, 06:56:23 AM

There are so many reason why some traders afraid to trade, and i experience some reason like not enough capital, or no vacant money as capital on trading, think about emotions, the market condition etc., there are so many reason and so many way to lose and if you think about it you cannot focus on doing trades and you will surely feel afraid to trade.

When individuals don't have enough money then they don't dare to participate in trading because they have fear that they will lose this little amount too. Sometimes they have money but that money is hardly enough for their monthly purposes due to which they cannot trade with such an amount as they think that if they spend this cash then how they will maintain the expenses of their children and family.

A responsible person of a family cannot initiate trading easily because they cannot put their money at risk. Although it will be better if you invest some amount because investment is not as risky as that of trading and also you have to use little amount in investment as compared to trading.

MiF

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There are so many reason why some traders afraid to trade, and i experience some reason like not enough capital, or no vacant money as capital on trading, think about emotions, the market condition etc., there are so many reason and so many way to lose and if you think about it you cannot focus on doing trades and you will surely feel afraid to trade.

retreat

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Quote from: AYOBA on May 15, 2024, 05:55:54 PM

Most people are scared of trading just because of the high risks involved, which is why not all people jump into trading. And again, trading is not like other stuff that most people take very easily and make their money on a low-key basis, trading deserves enough knowledge, and not all people want to engage themselves to earn much knowledge before starting or taking some of their time to learn about what they don't understand about trading so that even though they start, they will not find anything so difficult.
-snip-

That's absolutely true, that trading requires in-depth consideration, because someone involved in trading needs to learn various things, such as analysis, strategy, trading tools, etc. And the person must also be prepared to risk his money in the trading market which is full of risks. Not to mention they need to spend hours in front of the screen monitoring market movements. So it all requires consideration - it's not as easy as one might imagine because not everyone wants to do these things.

Wildwest

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There are many reasons why we don't see many people afraid of trading in the crypto world, first they have to be prepared with a strong mentality and have to learn many things in trading, not only with capital they can trade. In crypto, the market price is very fluctuating all the time, it is very risky if the fundamentals are still lacking, there could be panic when there is a market correction. Most people are still afraid of the online world because they are still unsure about the future development of cryptocurrency, whether it will continue to shine or will be hampered.

Nazmul012

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Trading is risky and that's why people get afraid of it. I think making money from trading isn't easy even you have good knowledge about trading. I saw many professional traders who afe being followed by people, also loss in trading. Why? Cause there's no surety in trading. You can just predict but market won't always move according to your prediction. But its okey to make some losses cause they'll help you to learn and will help you together more experience. Actually trading need patient, dedication and hard work for analysis.

bettercrypto

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Quote from: Vinaa77 on May 15, 2024, 07:45:41 PM

Quote from: boyptc on May 15, 2024, 06:52:31 PM

People who knows and sees it from others that they can make money with trading won't be scared of doing it. What they are afraid of is the risk that it has.

Their tolerance is not as good as what the most of us here have. They can't just take a risk that they are not willing to take and that's what they are afraid from.

They might have even be afraid to hear the term risk so if someone tells them before gaining, there's always a risk and then that already discourages them from proceeding.

To be able to make a profit from trading is not an easy thing to do, of course there will always be risks that a trader must face when making a trade before he can make a profit and for some people who already have good skills and knowledge, of course they will be able to make a profit from trading. what they do, but for some people who are lazy to learn about the trades they make, of course they will leave the trade after experiencing several failures.

That's what others don't know: they think it's easy to do trading—just buy and sell; they think that's all—but they don't know how to understand the chart using the tool indicators. That's what happens because they don't know anything; it's just a guess without any basis.

This is a major problem, especially for newbies entering crypto trading like this in the crypto space. And because of these types of traders, they are also the reason why others are afraid to try because the majority of them also lose in the end.

gunungkembar

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Quote from: Vinaa77 on May 15, 2024, 07:45:41 PM

To be able to make a profit from trading is not an easy thing to do, of course there will always be risks that a trader must face when making a trade before he can make a profit and for some people who already have good skills and knowledge, of course they will be able to make a profit from trading. what they do, but for some people who are lazy to learn about the trades they make, of course they will leave the trade after experiencing several failures.

Patience and analysis are very important to apply when trading, sometimes we can't control our patience and sometimes we can't analyze well and that ends up making us make the wrong decision. That's why this is the key to success in making a profit when trading.

Topic: Why are people getting scared to Trade - page 4. (Read 2015 times)