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Topic: Avoid trading unless you are sure of what you do - page 5. (Read 23276 times)

hero member
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Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest
They are out there but they do not have any necessity to prove themselves to anyone else, after all if you were a successful trader would you tell everyone on the Internet how much money are you making? You will only make yourself a target for hackers and that is never a good thing, so is likely that there are many successful traders in the forum but they are not bringing attention to themselves out of fear or just because they like to keep their privacy.

Yeah there's no logic to why people would brag their successful trades unless they're with other friends who are trading as well. And with the number of traders in this market, of course there are a lot of successful ones. I can say i'm a pretty decent trader myself and i don't have to prove that to anybody.
hero member
Activity: 2870
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Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest
I have a friend who trades bitcoin pair usdt, and I know that he is a success trader because he can always make a profit and he can make trading as a job which ordinary people will be difficult to do. Although he says that he does not always making a profit, at the end of the month, he always makes a withdraw at least $500-$700. That is why I called him a successful trader because he always achieves his goals every month.
hero member
Activity: 1302
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Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest
They are out there but they do not have any necessity to prove themselves to anyone else, after all if you were a successful trader would you tell everyone on the Internet how much money are you making? You will only make yourself a target for hackers and that is never a good thing, so is likely that there are many successful traders in the forum but they are not bringing attention to themselves out of fear or just because they like to keep their privacy.
For sure they are quietly enjoying what they are doing right now,  most of those who are sharing their success, are also trying to gained  interest from newbies who's been easily to believe and some time they are just selling their knowledge to earned more money, successful traders are just around and making more for themselves and continue doing what is best for their investment.
full member
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Trading should not be compared with gambling, where you are likely to lose, because you are opposed to a certain algorithm, here you can set strict goals, sometimes wait and win much more
hero member
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Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest
They are out there but they do not have any necessity to prove themselves to anyone else, after all if you were a successful trader would you tell everyone on the Internet how much money are you making? You will only make yourself a target for hackers and that is never a good thing, so is likely that there are many successful traders in the forum but they are not bringing attention to themselves out of fear or just because they like to keep their privacy.
newbie
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Trading activity only for risk taker that ready with the loss, but if we compare with others business , every business has each risk so i think we should be learn about trading and understanding the risk and the potential profit. Alot of people can make amillion dollar from trading activity for a few years so we have also opportunity to make it.
If you stop trading, you will not experience the expected profit because to be able to enjoy profit only through trading. Indeed, there is certainly a possibility of loss because in any business, losses always exist, but without plunging into trade, they will not know the results.
Therefore do not be afraid to take risks because risk is part of trading and that is something that is natural, that the risk can be an encouragement to avoid loss.
Ucy
sr. member
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It is much safer than poker if you concentrate a little more on established cryptocurrencies. If you need poker or gambling-like experience then you should trade the unpredictable low volume coins
jr. member
Activity: 224
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Trading without a good knowledge about this field is very risky. But you have to start at some point to get the experience required for the coming trades. My advice for novices with crypto trading is that they start reading and getting more knowledge first, and start their first trades with small amounts just to get some experience.
Learning without trying will never work, so anyone can try trading. but you have to know your position mate, which means you have to know that you don't have a lot of knowledge and experience, so you have to use small capital first to try and practice
More precisely, I think that we still have some knowledge in the early stages, what we lack is experience and reliability from the knowledge we have learned, and the only way to gain experience and know the accuracy of knowledge is as you say, use small capital and participate directly in the market. And I feel that this topic is not true because I believe that no one is sure what they do in trading, everything is predictable, and we can only know our predictions are correct until we join trading, avoid trading just for us when we use emotions to trade
newbie
Activity: 20
Merit: 0
Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest

Beware of scammers who will come out to speak of themselves as good traders but end up scam you from your hard earned money. According to the subject of the thread; "Avoid trading unless you are sure of what you do", there are many traders in the market that aren't sure of themselves, so, keep your money or invest it on Bitcoin for a long term and get the reward in due time.

Thanks a lot!
sr. member
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Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest

Beware of scammers who will come out to speak of themselves as good traders but end up scam you from your hard earned money. According to the subject of the thread; "Avoid trading unless you are sure of what you do", there are many traders in the market that aren't sure of themselves, so, keep your money or invest it on Bitcoin for a long term and get the reward in due time.
don't ever tempted by another people story.most them want to be seen as successful by others eventhough they have no any proved about their success story.
member
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Bisq Market Day - March 20th 2023
Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest

Beware of scammers who will come out to speak of themselves as good traders but end up scam you from your hard earned money. According to the subject of the thread; "Avoid trading unless you are sure of what you do", there are many traders in the market that aren't sure of themselves, so, keep your money or invest it on Bitcoin for a long term and get the reward in due time.
newbie
Activity: 20
Merit: 0
Does anyone know at least one successful trader? friend or relative who earns money from cryptotrading? be honest
hero member
Activity: 1274
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Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Yes if you are trading without knowing what you are doing then it is just like gambling .
There are so many platform that allows you to practice your skills why don't you try it first to learn .
And there are so many tutorial that you could watch in order to learn how to trade properly .
Remember that all professionals started from the bottom too and spend time studying and learning it so if you want to be successful in trading there isn't a short cut in it.
legendary
Activity: 1372
Merit: 1008
Trading without a good knowledge about this field is very risky. But you have to start at some point to get the experience required for the coming trades. My advice for novices with crypto trading is that they start reading and getting more knowledge first, and start their first trades with small amounts just to get some experience.
Learning without trying will never work, so anyone can try trading. but you have to know your position mate, which means you have to know that you don't have a lot of knowledge and experience, so you have to use small capital first to try and practice
newbie
Activity: 20
Merit: 0
Hello, is there anybody who use statistical method to forecast crypto?
sr. member
Activity: 910
Merit: 257
Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Well, you can say that this is true, especially considering that the trading market is as harsh as it can get these days. It really can kill off one's hopes to succeed, especially when you follow through on a wrong lead or a wrong coin, which happens a lot these days. However, one can't gain experience if he would not plunge it and take the risks at times. In this market, I think there is always that certain aspect of some activities being a "leap of faith" where one must conquer and embrace the risks, maybe for the sake of getting a good result or at least the experience that comes with it. As much as it is better to have a concrete plan of action, the knowledge and the experience, you can't get any of those without enough experience under your belt.
sr. member
Activity: 2590
Merit: 322
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Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop
Every successful trader had one or two bad experience to recount in their trading history in most cases they got their investment or funded account burnt however they move on and gained more experienced invariably learnt there lessons majority of newbies traders do trade with more percentage of their total portfolio against the rule of a trading plan.
I implore you take every caution and improve on your trading emotions when trading again and devise a working trading plan with a sound money management so as to have an edge over the market and don't forget to trade with maximum of 5% of your portfolio and trade with a wide stoploss.
full member
Activity: 1162
Merit: 101
Trading is not exactly a gamble, where much depends on luck too, in the digital market can be analyzed technically, affect some news, developments on the platform
member
Activity: 462
Merit: 10
Trading activity only for risk taker that ready with the loss, but if we compare with others business , every business has each risk so i think we should be learn about trading and understanding the risk and the potential profit. Alot of people can make amillion dollar from trading activity for a few years so we have also opportunity to make it.
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