Topic: Are you profitable? (Read 491 times)

But the fact is that many of the newbies we meet today don't make trading videos uploaded from influencer YouTube channels as material to deepen their knowledge, instead they imitate these trading strategies and apply them to their own trading because beginners are easily tempted and want to get instant profits through crypto trading and they believe that if they follow the trading signals created by influencers they will be able to continue to profit so they continue to depend on other people's strategies whenever they want to enter the market.

I have nothing much to show to encourage people but yes, I was in profit. Many times I suffered losses and sometimes I even think about quitting but never, instead, I make myself clear about what I really wanted to happen and that is to learn more first before thinking about earning a huge profit. I tell you that it is a must for us traders, especially for newbies to be focused on our goal. Yes, our goal is to earn more but this becomes impossible if we are just contented with what we learned in the past, instead we need to learn more and make everything we did every day a lesson to ponder.

As we know very well the majority of the traders out there lose money, and any trader making even the smallest amount of money is already doing better than the majority of their peers.

However the few which can indeed make significant profits on the markets are not squandering their time creating youtube videos to impress a bunch of people, those traders are being hired by trading companies or they are creating their own company and they get way more clients than what they can manage, so it is obvious those influencers are fake and no one should follow or listen to them.

There may be two possibilities:

1. Yes they are if they are really doing trading activities. Traders will only get two things from trading: profits and losses. And of course, as long as the influencers are good at market analysing and have been professionally trading they will be able to earn profits, whatever the amount, they are really profitable.

2. They are not, because they are only promoting, not exactly doing trading. This only happens to paid influencers on certain projects or platforms. So, basically, they are not traders, but only paid influencing.

But, what most people donate is the loss that they have been experiencing so far. Because most influencers will not probably share their loss in order to ensure the followers do whatever they are doing. So it means that they probably sometimes hide certain information that the followers will not like.

For, in trading, it is impossible if no loss is experienced during the time, there must be any loss, even though it is just small percentages. That is why, whoever we are, never trust 100% to infleuncers, be wise in accepting any infomration in the online activities.

I would advise you to never trust any influencer. They basically sell their very souls to whoever pays them. They are definitely not real traders. They scheme and lie and find ways to avoid legal responsibility later down the line.

Notice how these influencers always have fancy cars like lambos or ferraris in their videos? The truth is always that those cars are rented and the other people around them are paid actors. Its been proven and these influencers have been exposed time and time again.

As a real trader, I am "barely" profitable. The profits are slim but they exist. Thats what real trading is. Don't believe anything else.

Trading is a craft that demands a particular set of skills, not the least of which is discipline and emotional control. My perception is that a select few traders have achieved a profitable edge, while a majority of individuals engage in trading solely to accumulate clicks and likes on social media platforms. The signals disseminated by these social media traders can produce profitable results, though such outcomes are not always guaranteed. It is crucial to understand that even if the signals being presented are reliable, blindly following them will not necessarily translate to significant financial gain. In addition, sharing personal trading journals with others can disrupt the carefully-crafted business models of successful traders, so it is often not advisable to do so.

The truth of the matter is that the vast majority of social media traders earn their revenue from the content they produce rather than the actual trades they execute. However, there are legitimate traders out there who often secure profitable trades. Nevertheless, it is an inescapable reality that even these traders may occasionally incur losses. As for myself, I cannot claim to be a consistently profitable trader; I find myself somewhere in the middle of the spectrum. While most of my spot and futures trades have been profitable, there have been instances where I have suffered significant losses.

whilst there are certainly profitable traders out there who share their trades and journals, it's important to be cautious and do your own research before following anyone's advice or investing your money.

i myself is not yet profitable trading. a whole lot of noise to weed out to find something real, to me this is key

I have invested few times but faced loss many times. But gradually when I got a good idea about investing I never faced much loss since then. I think first of all to start trading he must have good knowledge about the market and get ideas from investors. If you don't have a good idea then investing in the market will definitely have no way but to lose money. Therefore, if you want to gain good profit by trading, you must discuss and analyze the market and invest later.

This is a very good idea and suggestion. Staying out to do an overview of trading strategy is actually something lacking with traders especially newbies for the reason of trying to make profit faster. Some strategy maybe obsolete but if you don't take a break then you may not know that you need to change a strategy that is not working. Some traders depend on luck even when trading wrongly but luck can't take someone far than they are prepared to get to.

I was really a successful trader yet but hoping it comes soon.
However, I have to share something that brought me to at least being a profitable trader and these are;
 - trust in yourselves, not other's idea
 - know your limitation, if you ever lose today or like it says we are too unlucky, we better stop and relax, and just resume it tomorrow
 - never stop learning and upgrade/modify strategies if possible because not all them works, some may become obsolete

OK, so it's not a secret. That should give plebs, especially newbies, a lot more doubts and a lot more cynicism on what benefit the influencers' work actually brings. The question for users, is their content for the benefit of the plebs like us, or is it for their sponsors?

It is impossible to consistently make money trading bitcoins; you must occasionally lose money. Even internet influencers tend to hide their losses, which leads most people to believe they are always making money. Despite this, they continue to do it for the people in order to get paid if they subscribe.

You said it right, I've noticed this mainly in the influencers in cryptocurrencies. They are sharing their wins but not their losses and actual trades. Don't believe in them so quickly.
Because what they might be showing to the public are only their wins because they know that showing losses to their fans could make them less of it.
When it's about winning in my trades, I'm mostly a passive trader and does the strategy to just hold and sell when the time and price are right. So yes, if it's all about being profitable but as an active trader, no.

I dont think so! The second you said influencers means their income could be coming from driving the masses to where the need people signing up and the alike so that the get the commission and not from trading.

The thing with trading is anybody can guess the zone where they anticipate price to move up or down but the million dollar question is can you do this on a regular basis, i doubt if most can because stats out there say 90% of traders fail and numbers dont lie.

Btw the real money for these guys comes from being subscriptions!!!

I count my self profitable with the winrate of slightly above 50% and with a minimum risk to reward of 1:5 am definitely in the green and as for my journal i kind of stopped doing this because i put my notes on trading view  to keep my trade history and all.

have no reason to explain mine but what I can say is that every one of us has their our own plans and strategy same as tolerance in everything,
if you think that we are not gaining then give up, but as long as you are trusting this currency? then the chance of gaining is always there though sometimes it took time before the finality .
there is no permanent thing in the world so if you are gaining now then best to gather and accumulate because in time that we lose? we have something to take out.

My guess is that you just read the title without reading the OP's question in detail. What OP wants to ask is whether the trade is profitable, he is not asking or saying that investing in bitcoin is not profitable.

Long term investment or trading both generate profits, but I find trading much more complex, it requires a lot of knowledge, skills, and experience. Meanwhile, holding is easier, but the benefit of trading is that you can make a daily profit even more than holding if you are really good at it.

Profit and loss is normal in trading, when we are profitable then the best thing is to be silent and never think that we will be profitable forever, I have a friend who makes crypto trading for his income, and now he is successful because he can get big profits from many altcoins whose prices have skyrocketed.

To be honest, I've really had it pretty rough this past few months making wrong decisions just because of being driven by emotions on my trades sometimes. Either getting too greedy or getting caught up in revenge trading and noticing it a bit too late. That's why I decided to keep my hands off of futures for the time being and went for spot instead which turned out to be a great choice for me since I avoided suffering losses and instead gain a few wins(just a small amount of profit). Although it isn't as great as the wins I get from futures back then, it is much safer and slowly builds my patience and skills. I think I'll be staying like this for a while until I'm confident enough with my skills to go for futures.

Agree with you, all unprofessional "gurus" trying to make profit from followers themself

     Influencers take advantage of their followers who admire them for their own interest. And usually, they earn a lot if they accumulate millions of views.

    But the other followers who follow them do not earn as much as the influencers and the majority of the social media community knows this as well, to be honest. In short, influencers who say that it is easy to make money trading in cryptocurrency should not be taken for granted.

Here is tip — keep your own journal, keep checking your past trades and learn from mistakes.

Traders/influencers you talk about try to make money of you rather than helping you to do so, stop bothering with them altogether.

I will also agree with you on this, because futures trading is much more critical than spot trading. If a beginner trader goes directly to trading in futures trading, it will be like a boat in the middle of the river without a boat or a sailor.
It happened to me that I showed futures trading to one of my colleagues and I made 7 dollars in the first round and he got greedy and went to futures trading with 300 dollars and lost the entire fund due to a mistake.

psychological utilization of its consumers is the strength of influencers, many of these influencers do not understand about their products, because the most important thing for them is the payment they get. but it is the effect of these influencers that can lure investors to buy, and can occur en masse so of course the price will increase significantly, and the devs pay off by spending money from these influencers. but there are also, even though they have gone through influencers but there is no significant development about the project

I think spot trading and just buying and holding is a great piece of advice for beginners than trading futures or options trading. Of course we don't mean they can't afford it, but beginners should learn a lot more before jumping into high risk trades. Spot trading and investing do not make them lose coin, but it is always possible to get fluctuating prices.

I have worked with plenty of them in my time as a marketing person, I can tell that they are not secretly paid, people know they are paid, it's open for business, they even list their prices and then promote the coins that pay it and for some reason people still buy it.

You want to know the reason? When an influencer is too big, even things they promote, however terrible they are, may go up because those influencers could make it big, people buy because they think they can make a profit from that and because they do buy it, sometimes it does go up, and they think even terrible projects would go up because influencers promoted it, that's the only reason.

Another cynical, but possibly true, viewpoint would be is that those "influencers" are actually paid secretly by "sponsors", like exchanges, to encourage the plebs and the newbies to use a more active trading strategy. It encourages more buy/sell orders, which converts to more trading fees for the exchange.

Someone said ones that most of these professional traders that have courses make more from selling their courses than actual trading. It was funny at the time but its true.
Its a pandemic in the forex space. On twitter you'll see a caption like "become a forex trader from scratch in 7 days". What on gods green earn is that bs? Now when you register for their courses they will teach you the basis things about the market, things you already know. At the end of the seven days or on the fifth day they will say things like to go advanced into the course pay $50-$70. The people that fall into that trap will pay for the course and learn nothing in the end. All these are different forms of fraud available these days. It pains me that people fall for these shit.

I know that there are real genuine courses out there handled by real, actual traders and that is why I don't generalize because it will be too unfair to people that actually put in the work to impact others but you just have to be careful with who you give your attention to these days.

Doing trading here in cryptocurrency is not easy, if those who have been in this industry for a long time have not been able to make a profit in trading for several years, how much more so are the newbies who do not have enough knowledge?

If you are going to make money here, then you have an understanding of crypto trading, it's that simple, but joining the trading signal group is nonsense in my opinion and perspective.

spot trading is like slow and something less risky, and less profit also
futures and options are very risky and fast profit, but , who knows what will happen in market,
so don't suggest any newbie trader to trade futures or option, if you are experienced then futures can make you much money then spot,
i see spot is like buying(owning) a coin or stock,
and options or futures is like predicting what will going to happen.

I believe the learning won't be just spot trading alone because there are some months that Bitcoin just keeps on dumping and if anyone was trading with spot market, they can never be successful. For a trader to be successful in any situation of the market then they must also be trading futures market that makes it possible to profit when Bitcoin is dumping.

Future traders are one of the traders that can be successful in all situation of the market, by opening a short position they can make profit when the market is dumping and a long position for when the market is pumping and they can do all this without owning any Bitcoin.

when those who invest in Bitcoin have made a profit and they are satisfied with the profit they have, then it is okay to sell it. even some investors may practice more like that. buy hold and sell when profitable. then just waiting for the moment to buy again, and a cycle like that can happen again and again. we just need to study how it happened. although the pump and dump potentials that occur in the market are not always the same.

Do not give up, there are plenty of people who has lost money before and I think it is important to learn that experience as well. If you lost, then go back and check what you did wrong, if you can spot what you did wrong that is great, if not then maybe ask some people what you did wrong and how could you avoid that next time you are trading.

When all of that is done, try to collect some more capital, however long it takes, and when you have that capital then you could just try to trade again, and this time around avoid that mistake and not do that again. Maybe you will do a new mistake, who knows? No guarantee to profit, but if you learn enough, you will do well.

I'm also a trader, but for now I'm down because I suffered a big loss.I guess next year I'll raise some more money and try again.
for now I can't share because I don't experience profit.

I envy that time because people make a lot of money in trading and me I don't have any knowledge how does it works by that I make an investment in my know and make my own strategy of trading I'm not too much professional with that thing so I didn't teach like the course given by the streamers some of them use those knowledge to create a power to gain followers and teach them of course with a payment. In my case I teach for free because we keep sharing information and knowledge for the benefit of all.

Most of my trades are win because of the knowledge I have even a small traded consider a profit.

I buy Bitcoin at $18k and then I sell them today, it was indeed a profit already. But because I plan to sell them during the Bull run, that is why I hold and even buy more.

Will the truth OP, people are here investing in Bitcoin for one reason and that is to earn profit. Perhaps they are willing to hold for many years just to wait for the next ATH. May some sell earlier but I believe they still make a profit from them. Now, if you doubt OP that investing in Bitcoin is not profitable, I would say that better not ask as it was not on your mind.

Trading is a very lucrative and sometimes it comes with alot of fun, that's if you're doing the right thing and I also gets so fustrating and heart breaking if you're not doing not right.
To be successful in trading, one has to do alot of research works and not just focus on YouTubers or influencers to influence you because just as their name implies, they might at some points influence you.
When getting into trading, it is most important to learn majorly risk management because no matter how profitable a strategy might be, without proper risk management, the whole strategy might not be so profitable as expected to be.
I would say that yes I have been profitable in trading and the first stages of my trading journey wasn't an easy one but I scaled through because I saw potentials in trading and really needed to tap from it and over the period of my trading, I would say that I've been able to make over five times of my initial capital.

I have two answers for this question. If I consider the short term trading then I would say I am in total loss and that's reason why I quit doing short term trading long ago. Secondly, if you are talking about long term investment then I would proudly say bitcoin never annoyed me in this strategy. The best way to invest in bitcoin is to keep accumulating it aka DCA manner. Invest 100 or 200$ weekly or monthly depending on your budget but keep buying. Never invest all your money at one price.

Can't really say I'm always a profit trader to be honest. Crypto trading is difficult to do and sometimes you can suffered with lose in every trade you make, but at very least you can actually learn about the mistake to not fall for it and avoid the mistake in the future to maximize your earnings. Even the most experienced traders out there sometimes also lost in any occasion because of how unpredictable the market is.

There isn't any absolute strategy in tradings. Many will stop working after sometimes. So you will have to come up with a new strategy every now and then. But what helps the most is learning the (TA) technical analysis. This skill will help you come up with strategy all by yourself.
Now for my strategy. I like to play it safe. So spot trade is my first choice. I set buy and sell order at different price point and just relax all day. I get small profit, but the loss is almost close to 0.
So I do my analysis and come up with potential price where the market might move between. For example, the current price is $28,400. So the price could move between $27,600 to $28,900. I will set buy order in parts like at $27,700/ $27,900/ $28,200/ $28,700 etc. You get the point right.
So if the target is filled, it will buy and sell automatically. So I can relax all day and if the target is not filled, close the order and do your TA again and make new order.

I certainly agree with this. Most successful traders don't have time to brag and as much as possiblez their keep their earning details in private. We all know that influencers will always use flowery words to make people believe that they are succeeding in what they do to gain their trust and to attract more followers when in fact, they aren't really reliable. Most of the influencers only focus on making money but they don't really have a concern for their followers even if they are already deceiving or confusing them.

Never trust an online "influencer". They are here to sell themselves and shitty things to you. They don't care if you make money or not, but they will be able to convince you that whatever they are selling will help you. And most of the things they promote, they get paid for it. They themselves don't even know what they are talking about or what they are promoting. The same thing with trading influencers. They just want to make money off newbies by selling those shitty courses. Butt here are genuine people, experts and traders out there sharing valuable info, it is just that you have to find them among those hundereds of scammers.

Since many of these online traders and influencers claim to be professionals, are not. I don't have much faith in them because I think they are only doing it to attract attention of people and increase their social media followers. A successful trader, in my opinion, won't have much time to share anything every time because they will likely be too busy trying to refine their strategy from time to time. Many of those online influencers are there to make money in other ways rather than to support others in becoming great traders.Just be aware that not all those traders Posting are making profits in trading.

People who can learn to trade well can profit even in all situations because they know how to make the most of every moment. So if you want to profit from trading, you must learn more about trading and try to learn about analysis too, until you can analyze the market well. I can't share my journal or anything else because I'm afraid it won't work for you and you can tell me later if I'm lying. It will not be good for the friendship we have forged so far.

For personal reasons most traders would not share their journals or excel sheets. This caveat is exploited by influencers to dump their manipulated data on those who want to see such journals and charts. Two very popular youtubers come to my mind here, a British guy and an African guy, I am sure some of you will recognize them right away.

My suggestion is to make your own but keep it to yourself. It is wrong to reveal your portfolio to others just like bitcoin singly is. Being immune to the online influencers is a acquired trait and most of the older users here have it. They will only show you the good sides and very little of the bad side in order to keep you in your bubble.

You need to understand that while there is a lot of frauds and scammers on YouTube promoting themselves as great traders when they are not in order to sell books, lessons or courses to others, there are not many people that would share their trading journal with you.

To begin with this will reveal personal and financial information about themselves to someone they do not know, and even if they edited that part out, they will still reveal a great deal of their strategy, which they may be against, and even if you still wanted to read their trading journal despite all of this, how beneficial would that be for you? As almost no valuable information could be available to you once that content is edited out.

Selling signals or receiving payment from traders inother for them to be in your large community or group all point out to the fake stuffs. No influencers earning enormously from the market will be interested in making money from newbie's pocket, rather their major priority is to see you grow like them.
The whole system is not profitable because there's both losses and profits, it takes only a top profitable influencer to start giving live trading signals that makes traders believe his trading strategy. The internet space preach lies and deceits, although not all traders can be easily convinced about the fake programmed signals, remind you that most of the influencers are just there to make their profits, they don't indulge with any other activities concerning you or your trade.

I never believe anything I see online, if you're that profitable with your trades you won't have to bragging about it unless you have an audience that you're trying to conceive to trust you and then sell your courses to them for hugs sum of dollars but you know they won't be successful trading. I think most of the influencers we have should be arrested and jailed.

This influencers have cause lots of bankruptcy to people that believed in what they're showing. The luxury lifestyle they live are all fake. They keep their life flashy so people want to be like them and get deceive to buying their online courses. I bet most of them can't actually trade any market.

Those influencers only share their referral link to get profit from there, even expert traders won't make that money easily and we see many influencers become rich in just a short of time. Their scheme is to promote a site that has a referral link so new people will join under the influencers then new people will invest a lot of money because of what influencers said like instant profit, easy profit, easy to get money, etc.

Don't easily tricked by influencers since there's no guaranteed instant earning method in this crypto space

If you ask "influencers" how profitable it is, yeah they're like getting free money by giving lesson packages that are actually widely shared on the internet.
Trading journal? yeah they share it in a group that only paid followers can access. But never knowing whether their journal is credible or just using "other influencer" journals, because the fact is that the group is just a bunch of stupid people who are proud to be members of what they call "VIP".

True They make money from the signal they sell not from the trade. Maybe there is one or two that really make true signal but it hard to find.

Flexing with nice car thousand of percentage on trading who cant fall with this right

This is exactly the best question so far to ask those influencers or just clout chasers because of the current market condition.
These people especially those on social media spread about trading, and most of the only content they are posting are those win trades or they are basically telling that you can make easy money on trading.

Most of the influencers are just pretending to care about their viewers. If you don't know how to analyze what you are watching, you will be fooled.

That's why self-study is still good and better for us than entrusting the additional knowledge that we can get to other people because you will surely waste the money you pay for it. Because I have seen many people attend a trading session but what was taught was very basic but the entry payment is expensive so you can have slots.

Following the right influencer will make one to develop and grow fast in the market. Influencers gaining in both bull and bear market is totally unbelievable, the market always looks for a way to trapped one to losses. Top influencers in the market tends to capture the attention of the market, but they need to be strictly with their followers. There are some influencers on my page that also post both their losses and profits. They're human and their trading signals are only 80% accurate, giving room for losses. But they make sure that their gains covered up losses on theit accounts.

I totally get the whole, like, head-scratching vibe around internet trading gurus, man. For reals, some of 'em are cashing in, and others, well, not so much. It's like a wild rollercoaster ride of strategy, risk-juggling, and experience. Sure, a bunch of 'em charge mega bucks for some basic tech analysis wisdom, but they've got some nuggets of brilliance too.

On sharing trade secrets and personal diaries, it's like choosing between boxers or briefs, dude. Some peeps like to keep their cards close, while others throw caution to the wind. But remember, trading's not a one-size-fits-all kinda gig. One trader's winning hand might be another's bust. So, do your homework, forge your own path, and keep your risk game tight.

As for me, I'm all about baring my trading soul and dishing the deets. I keep a journal of my trading adventures, tweaking my strategies as I go. I can't promise you rainbows and unicorns, but I can tell you that staying true and disciplined is where it's at. So yeah, I'm making bank as a trader, and I'm stoked to share my journey with fellow trading enthusiasts!

I don't trust influencers and online traders because they only give videos of when they get profit and don't explain details about trading.
We must pay for the services they provide even though they also cannot show that they are truly a trading expert.
It's better if I learn to trade from sources I already know well or I can learn to trade from my friends because I've been learning with them so far.
And so far, I've been able to profit from trading, although maybe not as big as other people and I think that's enough for me.
And I'm sure that the profits from trading will be even bigger.

I don't usually trust all those online influencers and trading signals professionals because they always claim to be gaining profit even when the market is bearish, whereas we all know that regardless of your trading experience, there will be a time when you will lose some money in trading, but these trading influencers can never show you that they once lost in trading, which has made me suspicious.

I already stopped trading like 2 months ago already, but I made an experiment of mine trading on future with just 10$.

I had a good ending because I made my 10$ initial investment into around 90$. I withdrew 75% of it, and used the remaining 25% to trade again. Unfortunately, I lose after withdrawing my gains, but I'm happy with the outcome of my experiment. I wonder how will I be if I didn't withdrew some of my money at that time. I can't share any journal here right now because it's a small amount only compare to others here who have 4 or even 5 digits of capital that's being used in trading.

I might trade in the future using more money since I already have my own strategy that's working for me.

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As for those influencers who are sharing something without any proof at all, just don't do what they are saying especially when you know that you have a high chance of losing your money. It would be better if you will make your own strategy than following these influencers. In that way, if you found a strategy that works for you, it would be easier for you to gain profit in trading instead of following these influencers who aren't that expert in trading at all.

This is what I'm also thinking that's why I made some experiments, watched some videos online and tweaked it into a point where I'm having a higher win rate in trading.

You don't need to give up with some of the things you are experiencing from trading facilitators, because some of them passed through a lot of things that made them not to have time for new traders at the moment. I experienced the same thing with my mentor some years ago that made me to be more serious with this platform, and it helped me to learned so many things that made me profitable in my investment. I will advise you to be more focus on your personal research before you buy or sell your coins, if you want to be profitable in future which is the most popular strategy many successful traders are using to make huge amount of money from their investment.

Influencers is always profitable because of their streaming profit but I doubt that they are really profitable on trading because they only show the good side of their trade and most of them do so many risky trade which I find not profitable in long term.

Some of them is profitable and some of them is not since trading is just changing hands of one asset to another person in exchange for their money.

It's a scam. Any "trading guru"/influencer who sells a paid service for trading signals, or shills their referral links are usually signs that they are NOT profitable traders. They make their profits out of YOU. Other signs include promising "big returns/profits" in a short amount of time, and/or telling you that they can "time the market" with something like "more than 80% probability".

No successful trader will ever share his strategy. All the paid channels that today multiply by dozens are designed only to attract people and receive money, supposedly for education, but as a result, they all turn out to be fraudulent.
It must be accepted that trading for most people will not be profitable, it cannot be learned at once and without investment, and the first year, even if it is successful, will not be an indicator of success, but will still be a year of study.

That is really the problem now because those influencers are getting paid to promote platforms, while others have businesses to promote like signal groups, etc. There are still a few influencers, but mostly what I've seen are pages or accounts on social media giving their analysis on certain coins, and it is up to you to decide what your bias is. I wouldn't say I am profitable, but there are really good months. I do profit, but there is also a loss.

If you want to profit from trading, you need to know yourself about the basic concepts of trading. If you trade based on others then you will never profit there. Most of the time we hear such news that it is said that he has suffered a lot by trading. But if you look carefully, those who analyze the market with their own knowledge and then take trades, most of the time are profitable. To be successful in trading, you must have a complete understanding of trading, maybe it will take you a long time to gain that understanding, but even if it takes time, you must know about it. Never depend on anyone for trading it may put your money at risk.

Many times we see many people join different telegram groups for signals and always follow that telegram group and when about any coin from that telegram group. When the announcement is made, we immediately buy those coins and we wait for the profit, but later on, instead of the profit, we lose all our money there. So never risk your money by making such mistakes.

Influencers or trading gurus that sell courses or signals might not share their trading journals. I see a bunch of trading groups and they only share member profit but of course "Lose" in trading is inevitable.

Maybe the are not trade the make money for making signal and course. My Instagram right now is bombarded with ads of premium indicators and crypto forex signal groups.

Try their strategy as long they offer some kind of free channel. if you think it is profitable then you can proceed.

Not really that necessary imho because those PNL could really be neither just basing up on their winning or profitable trades but not on to  those losing ones or got liquidated.If you do really need up some motivational
things then it would be rather be sensible or worth on making your trading more better rather than on trying to look up always trade results.We know that it is really that this market do compose of profitable
and loser traders on which it would really be just normal that you would really be that minding about belonging into those profitable ones.This is why do your best as much as you could.

I don't think with influencers consistent earn profit from trading exactly in cryptocurrency because as the influence and have many follower easy for them selling premium signal although not worth. I think they not share about how much profit earn but more make their viewer how to get higher traffic and selling another service like bot trading or try how to promote their advertising.

Not any accurate predicting about Bitcoin and altcoin price how expert some one and get more experienced after long time in cryptocurrency word, right now all my trading based on my own research and not interested yet hear or follow influencers recommended exactly for investing in some altcoin. I have been with several premium signal but they can't give accurate about predicting coin up or down and I think they always get profit not from trading but selling their service as joining premium signal.

Thoroughly peeling this off is certainly not going to be easy, but what I will say here is those (influencers or online traders) who share journals that they think will help novice traders, in my opinion it still has to be questioned. I've seen a lot of them share things that I think I've encountered a lot. One thing is certain, they only share their profits without sharing days where they feel big losses. I personally don't trust any professional trader who doesn't lose.
After all, they even avoided being asked about things they didn't understand, and from their explanations that was all they said. Honestly, I doubt the influencers that are booming now, although not all are like that.

Many people are doing that and they are just there to increase their followers and subscribers based on the social platform on which they are publishing the content. The problem with today's generation is simple they want to buy more lies than truth and never want to face what is the weakness. Many of them are involved in such activity for quick profits without any better understanding of the same.

If anyone is going to follow just a random reel maker to understand how trading works then damn, that person is gone out of the world for sure. The PNL they are showing is just fake. It could be anything from a demo account to fake-created macros in excel.

Do not believe anything from such social accounts. They can lead you to losses for sure.

To people in this forum that had been in crypto for almost 10 years, they should be profitable since they have seen bull runs and bear markets several times. It shouldn't fail them anymore being swing traders.

I still can say I'm profitable as I started with nothing and have hodl and sold some BTC I earned during the bull run.
But I'm sure there are people who have learned in a short period of time just by watching the charts with few indicators.

well , i have 2 experince about that since i try to choose trading dialy as a primary income since i got fired from my works.
1. i meet the real trader who is the most baddas trader i knew, and what he say ? dont believe any traders who claim themself proffesional traders who got a milions bucks and open grup vip or something, that u just wasting ur money and got nothing, since he calculated from start and u mostly got next phase after him, and what he give to me, just based TA ,fibs etc, and other depend by your calculation, he dont force me to think like him,because he also not accurate always.
2. based on my experince , no matter how u start and everything , just focused on TA u create , dont get distracted by who got a millions PNL and choose different side from yours, since that make urself lost trust of yourself.

Mostly profitable trader choose to stay under radar, they will not showoff since that make them lose concerate, about me, lol i am the rekt trader who lose win lose since i force myself too much.

Of course there are people who profit, but those who profit are those who have gone through a lot of learning and continue to improve their trading knowledge, not those who are involved in signals or depend on other people's trading decisions. If you want to be successful, you have to leave all kinds of channels that provide signals because most of them are just scam attempts and relying on other people's signals will make you lazy and don't want to develop yourself, I will get more profit when the market is bullish but long term hold is still my top choice.

This probably depends on the influencer or the mentor that you have because I know there are a lot of people who have been able to teach people and have actual trading records to share and they did. They are profitable "as they say" but we can never really know. Most of the people trying to get with it are going to show the good ones only, not the bad ones.

You better choose somebody to follow and not just some random shmuck taking advantage of people.

For my personal trading, I don't do journals, I'm just trading passively with my bot.

In my opinion, trading is like making bread with the same recipe, but the taste at the end (result) is definitely different, and it's impossible for you to be able to perfectly imitate the taste produced by that person. all traders use the same formula and motivation, but the results obtained will never be the same, so even if you do copy-trading, it will be difficult for you to match the achievement of the account you are copying due to various factors.

so my conclusion is that you yourself have to struggle to be able to understand well what you are doing (trading) if influencers say trading is easy then they are not completely wrong and not completely right either.

if learning from a channel or group increases our trading knowledge and skills, it will be good for our development. but what happens to most beginners is to copy trades or signals given in the channels.
even though they are already traders with quite a lot of experience, many of them (influencers) also will not guarantee success from the techniques and analysis that are shared through video tutorials. they must also feel the loss, and it is impossible to continue to profit.

at least we can learn from the group how they place positions, place targets and stop losses, so that at first we can find out why they opened positions, so it's not just random to make transactions. after that we will understand, and put it on ourselves whether the TA taught is in accordance with our way of trading, because in the future we have to know our own trading style, because trading is not just looking for profits in a short time, but for the rest of our life we must be able to make profits continuously consistent

They do not profit from trading, but rather from selling the illusion to others or from currency developers or platforms that pay them to indirectly promote the currency or platform by claiming that it can help you earn a lot for free and in a short time.

Most of the YouTube or Telegram channels that give you tips to become rich are the same ones who benefit from the views, otherwise if you can transfer the money quickly, why waste time creating more videos on YouTube.

It's common in online influencers to have clickbait videos and thumbnails that say "how to easily earn in trading" which gather more audience for them to be interested to learn and you'll have to pay to learn. Some of they teach is true since I learned some basics from it, but for you to have a deep understanding and wide knowledge about it which they ask you to join their team. Of course if they share their journal it would fud viewers since its impossible for them to reach that stage without loss. Seeing those loss would fear them to risk in crypto.


Having our own journal is like a private diary of yours, since there's a lot of mistakes before you regain your profits in PnL. It's a long journey and I'm not yet ready to share it here. Maybe more improvements and good calls but all I can share is that I've improved a lot than before.

I don't plan on sharing mine here because mine is not something I'm currently proud of but with time and consistent development I'm sure I'll share mine showing both my loses and my profits.

And another thing you should take note of, most of those people who call themselves professional traders only say that so that they can sell their course or perhaps to get more views and subscribers to their channel, when you come across a genuine pro trader that wants to pass knowledge to others you'll be able to recognize him/her at first site.
Some YouTubers pro traders just talk about how they got this profit, how they did this, how they were able to use $2 to make $20,000 in 48 hours but never will they share their sad story or they go about with their losses. I won't advise a newbie to watch those kind of video because it tend to put some kind of an unnecessary pressure on them and before you know it they'll forget that trading is not something you rush but something you handle gradually.

Btw, for now I'll say trading is a little profitable for me although not to the extent that I'll be able to purchase a car or a house with my profit, but it's still okay as I'm able to cover my basic needs with my profit and with time I believe it will be better than the current situation.

In trading many people especially online influencers and traders, Are they really profitable? many new people trapped buy listening to those influencers that they say just you need to buy at this line and sell at this line. and whoa! you made profit, They just teaches people basic TA and charge huge amount to learn. but they doesn't share their personal journal or something, they say us that you need to make an journal, do that, do that ,
but they don't share there trades, I really get jealous of that kind of people they say to innocent people that you can make money out of this, and make money selling courses which i very basic that we can learn from a good affordable book.
some traders trade live and share there losses and wins, and after a month they share there total PnL(profit and loss) and they made real profits, (some people say they just share there other account's Pnl , we can't know that)
My question is are your profitable trader and can you share you journal or something ?, many of us will feel motivated.