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Topic: Does trading belongs to everyone? - page 9. (Read 2060 times)

legendary
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April 22, 2024, 11:54:08 AM
Many traders are losing when they are trading therefore it is not because trading is profitably to many people that is making others to get interested in trading but it is because some people think that they can make profits from trading without learning how to trade very well that is what is attracting them.
So people that want to trade don’t have knowledge about trading, some of them do see some advertisements on social on how to trade, and how people are making money from trading, so they are being deceived and they also want to trade. Most of the new traders are always looking for trading signals, they just want to make money from trading without learning how to do analysis and trade themselves, and most of those signal providers are scammers.

If you want to be a trader and you are not prepared to learn, then you will end up losing money, because if I will be honest, trading is not a easy activity, and it requires constant learning and practicing before you can start making good money from trading.

I understand that all traders have the intention and goal of making a profit in the world of trading so they enter and get involved but the problem is that there are always some people who misunderstand the world of trading, there are some of them who think that trading is a quick way to become a rich man, I don't mind that but maybe the problem is that we can't say that we can become a rich man in a short time in trading because of course everything needs a process first in the early stages to really be able to produce something sweet.

As I said above that all traders have the same goal which is to seek profit, but there are some people who assume that trading is easy to do which usually they are people who come after seeing the success achieved by others they see on some social media, basically I think it is a definite possibility that when someone comes with too much focus on money or profit then it is very possible for them to ignore other aspects that exist in the field such as the possibility of risk that can never be separated in the world of trading. As you said above that they only want to make money but their intentions and goals are not based on the right way or they do not learn various things that can be used as fishing rods to bring in profits, and usually yes many of them are trapped in trading signals, they look for trading signal providers because they want to get instant profits without bothering to learn and in the end yes there are some of them who are trapped in fraudulent signal groups where the signal provider asks for a certain amount of money as a condition so that beginners can join to get signals but it turns out that the signal even produces more losses than wins.

All success should always begin with learning, because how can you achieve what you want if you have absolutely no understanding of the field, as you said and it is true that trading is not an easy activity to do and if someone comes without having the right planning, knowledge and understanding then most likely they will only waste money and time. All success must always start with a strong intention, hard work, never give up and always be willing to learn new things because only experience will give you the knowledge to be able to make a profit.
sr. member
Activity: 966
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April 22, 2024, 11:34:31 AM
So people that want to trade don’t have knowledge about trading, some of them do see some advertisements on social on how to trade, and how people are making money from trading, so they are being deceived and they also want to trade. Most of the new traders are always looking for trading signals, they just want to make money from trading without learning how to do analysis and trade themselves, and most of those signal providers are scammers.

If you want to be a trader and you are not prepared to learn, then you will end up losing money, because if I will be honest, trading is not a easy activity, and it requires constant learning and practicing before you can start making good money from trading.
Crypto is all about opportunities some people might not exactly do much trading but will make good money from teaching people how to trade. And when it comes to social media we just have to be careful how we rush into taking decisions concerning what we see on social media and you see a lot of people even making hudge pays to get signals when you know you cannot do analysis your self why go into trading. Professionally you are suppose to do those things your self.

And anyone that falls in the hands of scammers will have to bear it like that because a lot of warning have circulated over this. In reality learn and do things your self and if you don't have a good knowledge don't start. Wait till when you have gathered knowledge to some extent then you can as well start with small amounts of money.
hero member
Activity: 1484
Merit: 928
April 22, 2024, 08:38:57 AM
Many traders are losing when they are trading therefore it is not because trading is profitably to many people that is making others to get interested in trading but it is because some people think that they can make profits from trading without learning how to trade very well that is what is attracting them.
So people that want to trade don’t have knowledge about trading, some of them do see some advertisements on social on how to trade, and how people are making money from trading, so they are being deceived and they also want to trade. Most of the new traders are always looking for trading signals, they just want to make money from trading without learning how to do analysis and trade themselves, and most of those signal providers are scammers.

If you want to be a trader and you are not prepared to learn, then you will end up losing money, because if I will be honest, trading is not a easy activity, and it requires constant learning and practicing before you can start making good money from trading.
sr. member
Activity: 812
Merit: 257
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April 20, 2024, 05:24:46 PM
Of course everyone can trade with assets that they can afford and are willing to sell. That's humane sir, I was once consumed by the clickbait of YouTube influencers, I thought that the sooner I bought a coin and hoped that the pump fluctuations would come to me and sell it, I even waited from minute to minute without analysing and understanding when to cut loss Cheesy . If I had not been so hasty to sell and as easy as just holding it, of course now I would have a big harvest Cheesy It's not easy to make peace with yourself when you are overconfident even if it's just to hold on and hodl for a few days Grin .

Some of the sensations I received were high fluctuations, even though so far it was rarely a loss holder even I saw calm calm, especially holding bitcoin.

It's a great way to trade with a modern and up to date way, certainly better and fairer than with p2p even though p2p at this time can be easily checked with the prevailing price. although I sometimes also do it with transactions between friends.
hero member
Activity: 1428
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Leading Crypto Sports Betting & Casino Platform
April 20, 2024, 05:02:22 PM
It all depends on individual choices on what they needs or not since many people has this mindset that trading is much more lucrative and that is true but they don't make profits from trading since they don't have time to study what it takes them to start making money from trading. They should try focused on what they knows because when they move from what they where doing to trading it shows that they are already devoted and dedicated to trade and of a true when the necessary knowledge is being applied you can surely become a good trader without much lost while trading.
I've noticed that people who lack knowledge often lack patience as well, which is the reason why when they make a few trades, lose some of them, they start blaming the market and cryptocurrencies they were trading for their losses and rage quit the industry instead of accepting their mistakes, evaluating the points where they made those mistakes, and then working to improve those areas so that they don't make the same mistakes next time they are trading.

That is what successful people do, whether it's about trading or anything else, as long as you are learning and growing, there is nothing that can become a hurdle in your way of achieving success, but as soon as you start complaining instead of learning and accepting your mistakes, you will face failure.
I support on this your opinion and truly impatient people hardly make progress when it comes of trading. And to add more, impatient people always becomes hopeless since they can't endure to sure things to turns out to be the best over their lives and when their trading exercise is being culture and nurtured correctly you would see them making progress so, even though they lose their lost won't be that much compared to those who aren't patient enough.
copper member
Activity: 2940
Merit: 1280
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April 20, 2024, 03:26:30 PM
Well with your observation, it's definitely true in terms of holding because there are a lot of articles and videos that show that it's worth it compared to actually trading. It's hard to do that and sometimes it could go into the gambling state because of futures or margin in some way.

I believe that in order to win, you will be here for the long term and not just short term unless you are using a bot.
full member
Activity: 207
Merit: 143
April 20, 2024, 12:01:07 PM
#99
Trading is not really for everyone. Only people who like to take risk and have the will and ability can trade. Nowadays newbies are more interested in trading rather than investing. I know people around me who are aware of cryptocurrency and when I talk to them about it they say that by trading they can make a lot of money or profit in a short time. But they are not yet fully aware of this matter which is why they talk about trading so eagerly. But they have no idea how much frustration they will face due to not knowing when they start trading. So of course in trading first you need to get a good amount of knowledge about trading and then come to the market.
Yes trading is not for everyone but trading is suitable for those who are experienced with trading. Nowadays people prefer trading instead of investing but they end up trading in wrong coins hoping to get more profit. Beginners suffer in their early stages of trading due to lack of detailed knowledge about trading.

That's why maybe the beginners should be made aware of the importance of trading education and experience trading before trading.
member
Activity: 364
Merit: 33
April 20, 2024, 11:37:46 AM
#98
Trading is not really for everyone. Only people who like to take risk and have the will and ability can trade. Nowadays newbies are more interested in trading rather than investing. I know people around me who are aware of cryptocurrency and when I talk to them about it they say that by trading they can make a lot of money or profit in a short time. But they are not yet fully aware of this matter which is why they talk about trading so eagerly. But they have no idea how much frustration they will face due to not knowing when they start trading. So of course in trading first you need to get a good amount of knowledge about trading and then come to the market.
sr. member
Activity: 2520
Merit: 280
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April 20, 2024, 09:55:21 AM
#97
You won't get better deals in P2P and f2f trades, centralized exchanges got the most liquidity almost over 90% means that's where you can buy and sell at your desired rate as long as it matches the market price. Trading can be anyone's but everyone's? I don't think so...
sr. member
Activity: 1008
Merit: 262
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April 20, 2024, 02:52:51 AM
#96
Trading is for everyone, but they have to learn trading first. It is not easy to have good trading skills because it requires a process.

Actually you are right. Everything is determination and consistency, everybody can trade the main thing is the knowledge and the skills including anything that is needed in trading. Before you can profit out of it and this is what many people lack, some people jump in to the market without the knowledge and skills of trading which is very bad.

Quote
Finding coins that can generate profits is difficult, and not many people can do it. But if they have analytical skills in trading, they can find the right coin. Most people rely on other people to buy their coins, making it difficult for them to make a profit.

When trading, they must also be able to find a trusted exchange so that they do not experience fraud. If you want to buy coins from other traders or P2P traders, you have to make sure the trader is trustworthy. Everything must be confirmed first to avoid fraud and also make a profit.

All this things you mentioned can be done when you have the knowledge of trading, even finding coin tha will generate profit for you won’t be a challenge if there is the knowledge and skills of what you are doing, if other traders are getting it done you can also do it but requires knowledge. However, Traders who rely on other people to do something before they copy them and do it I can say is knowledge that they didn’t have because if they do, they won’t copy anyone, they will be trading on their own.

Trading is not for everyone and we can always trade when we have learnt the skill about trading so we don't have to lose money for to bad trade or ineligibility to take trades appropriately. Cryptocurrency is fun if we are making money and can be a problem. When we are not making the kind of money we expect to make. It is wise for us to always search for information before we do anyth6abiut trading.if we know how to trade very well then making money would never be a problem for one.
legendary
Activity: 2086
Merit: 1058
April 20, 2024, 12:01:23 AM
#95
Some people think it is easy to make a profit from trading, of course they have misunderstood trading and they continue to try to trade without having good knowledge about trading so they start trading with no knowledge and this is of course very risky of losing. their money on the trade and it would be better for them to learn about trading well first so that they understand well about trading and can make the right decisions when trading and can make a profit on the trades they make.

It is true that not everyone can make a profit from trading, so it is important for everyone who wants to start trading to understand trading well and be patient with the process they have to go through in order to make a profit on the trades they make.
That is such a sad situation to be in because we get to see the mistakes, and sometimes we warn people about it and yet they are not really doing anything about it. I personally believe that we are not really looking into anything that crazy, we are looking at it like it is a normal situation that is not really all that complicated.

We should probably see the situation changing, and we need to make sure that things are going well enough. I get that it may not be great, and it may cause a lot of trouble, but we need to consider the situation to be different. I get that it is sensitive and we could probably see something changing, we just need to make sure that things are not all that simple, and we can't really change it long term.
sr. member
Activity: 728
Merit: 354
April 19, 2024, 06:35:30 PM
#94
Trading is for everyone, but they have to learn trading first. It is not easy to have good trading skills because it requires a process.

Actually you are right. Everything is determination and consistency, everybody can trade the main thing is the knowledge and the skills including anything that is needed in trading. Before you can profit out of it and this is what many people lack, some people jump in to the market without the knowledge and skills of trading which is very bad.

Quote
Finding coins that can generate profits is difficult, and not many people can do it. But if they have analytical skills in trading, they can find the right coin. Most people rely on other people to buy their coins, making it difficult for them to make a profit.

When trading, they must also be able to find a trusted exchange so that they do not experience fraud. If you want to buy coins from other traders or P2P traders, you have to make sure the trader is trustworthy. Everything must be confirmed first to avoid fraud and also make a profit.

All this things you mentioned can be done when you have the knowledge of trading, even finding coin tha will generate profit for you won’t be a challenge if there is the knowledge and skills of what you are doing, if other traders are getting it done you can also do it but requires knowledge. However, Traders who rely on other people to do something before they copy them and do it I can say is knowledge that they didn’t have because if they do, they won’t copy anyone, they will be trading on their own.
hero member
Activity: 2716
Merit: 904
April 19, 2024, 05:18:03 PM
#93
Trading is just there; it's up to us if we recognize it positively or negatively. That means, since "Trading" cannot speak, anyone can try it or enter it to do trading activity. You have an interest in learning about trading; of course, you will study it and learn it 100%.

And if you just take a look at trading and realize that you don't really have an interest in learning this lesson but you want to earn from it, it turns out that you are just gambling, thinking that you might get lucky, which is the wrong way.
Trading offers opportunities to everyone who sees it as a profitable side hustle. But that does not mean that every traders gets the same profitable outcome from trading. Of course, not all traders are knowledgeable and skillful on trading in the market, some are just trading and end up like gambling, so expect that they will definitely won’t be able to achieve their goals in trading. However, for those who have been in great preparation before going into a real trade, mostly they end up trading with positive and profitable results.
Precisely. Where there are big opportunities to gain profits, people will definitely push theirselves to that even without having some prior knowledge but unfortunately, it end up leaving them in a mess. This is the reality in trading, not everyone can be good enough in trading, majority are still weak in managing their emotions and are greedy enough to trade, hence majority fail with trading and fall into losing their capital. But for those who trade with confidence and are making good profits in trading, obviously they have been trading for years and have failed and lose a lot of times before they reach their current position.
legendary
Activity: 3080
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April 19, 2024, 05:05:57 PM
#92
Does trading belongs to everyone?
If you ask me personally, of course I will answer that crypto trading is not for everyone, crypto trading is specifically for those who have learned, experience and understand the science of crypto trading, indeed if you look at it trading is easy, but it is difficult to do it.

Trading is not just about having capital and pressing a button, understanding how to do it is also important, we can't just make purchases without being based on market knowledge, trading, charts, analysis and so on require a process to achieve and be able to trade well and make good profits, for that reason not everyone can do it, but if you trade to lose and make losses, maybe everyone can.
Exactly. Trading is certainly not for everyone who dream of having it, but only for those who have the knowledge and skills, and good experiences in the market. While it's free to trade in the market as long as there are sufficient funds, but you know it's a lot different if you enter trading without knowing than those who trade with high experiences. Aside that you can't be profitable in trading, it can also leave you frustrated and depressed once you push yourself to engage in trading.
full member
Activity: 490
Merit: 209
April 19, 2024, 04:28:01 PM
#91
Some people think it is easy to make a profit from trading, of course they have misunderstood trading and they continue to try to trade without having good knowledge about trading so they start trading with no knowledge and this is of course very risky of losing. their money on the trade and it would be better for them to learn about trading well first so that they understand well about trading and can make the right decisions when trading and can make a profit on the trades they make.

It is true that not everyone can make a profit from trading, so it is important for everyone who wants to start trading to understand trading well and be patient with the process they have to go through in order to make a profit on the trades they make.
Trading is actually not as easy as we think so but even at that people still make money from trading and the money they have made have made have actually help encourage them to continue trading because some situations will just. Trading without knowledge will only make you drown. It is better to get the knowledge first then you can start trading and if you don’t even have idea on trading then there is nothing you can do. If you are avoiding learn then also avoid trading the same time.

Understanding what you are doing is the most important because with this economy we can not afford to be losing money better have the knowledge before you go and throw away money.
legendary
Activity: 2128
Merit: 1775
April 19, 2024, 09:34:22 AM
#90
Does trading belongs to everyone?
If you ask me personally, of course I will answer that crypto trading is not for everyone, crypto trading is specifically for those who have learned, experience and understand the science of crypto trading, indeed if you look at it trading is easy, but it is difficult to do it.

Trading is not just about having capital and pressing a button, understanding how to do it is also important, we can't just make purchases without being based on market knowledge, trading, charts, analysis and so on require a process to achieve and be able to trade well and make good profits, for that reason not everyone can do it, but if you trade to lose and make losses, maybe everyone can.
hero member
Activity: 882
Merit: 800
April 19, 2024, 09:05:04 AM
#89
If you think is not possible to deal with people on p2p trade, look out for those at your locality who is trusted and reliable then you can send your fiat and they s/he sends you the coin (must be reputable p2p trader)
The price we get from P2P trading with local people is sometimes not as good as the price we get if we trade on the exchange, because the people we buy from will take profit of a few percent of the real time price, so it becomes people's reluctance to do P2P unless they are in a state of urgency or this is for long-term hold because we don't want to be constrained by KYC if you use CEX
I think the fee shouldn't be what would make someone not grade p2p considering of revealing one's real identity because most at time we don't know what these exchangers uses our data for. If not for one anything it's good to go with no kyc exchange and maybe, as said the p2p the difference could just be few cents or a dollar so, nothing much attached to it in my opinion.
full member
Activity: 1190
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April 19, 2024, 04:24:27 AM
#88
What I've seen that has become a problem for others is that they think or get stuck in their minds that it's easy to earn or get a profit from trading. But they did not think that there were trading experts called normal traders. The experts did not enter the trading industry as experts immediately; of course, they went through a process. This is something they did not think about when they entered the trading business industry.

Yes, true trading is for everyone, but they forgot that few are chosen to become real traders, though many are called to come up here in this field of business.
Some people think it is easy to make a profit from trading, of course they have misunderstood trading and they continue to try to trade without having good knowledge about trading so they start trading with no knowledge and this is of course very risky of losing. their money on the trade and it would be better for them to learn about trading well first so that they understand well about trading and can make the right decisions when trading and can make a profit on the trades they make.

It is true that not everyone can make a profit from trading, so it is important for everyone who wants to start trading to understand trading well and be patient with the process they have to go through in order to make a profit on the trades they make.
full member
Activity: 448
Merit: 130
April 19, 2024, 03:50:54 AM
#87
trading is not for everyone because if you trade without necessary knowledge required to know the right signals to follow and how to understand the market very well, you can run into so many losses, so it is for people that have gotten comprehensive knowledge of how trading works that is expected to trade although there is no expert in trading but there are experienced people that knows how to trade. I know how many times I tried learning how to trade but every thing was just looking so scanty in my brain like I couldn't comprehend anything so I stopped developing interest for trading.
Trading is successful for very few people, if everyone could earn by trading, then everyone would become rich, there would be no poor people in the world. But I think it is not possible to get success in trading by just following the signal and in that case you can incur huge losses. To trade be very patient, give enough time and always improve yourself by analyzing the market. I don't know exactly how much time you have spent trading but if you stay here for a long time you will gradually master trading. However, many people give up after 2-3 months of learning the trade without learning anything. However, learning to trade definitely requires patience and long time.
legendary
Activity: 2814
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Leading Crypto Sports Betting & Casino Platform
April 19, 2024, 03:05:21 AM
#86
If you think is not possible to deal with people on p2p trade, look out for those at your locality who is trusted and reliable then you can send your fiat and they s/he sends you the coin (must be reputable p2p trader)
The price we get from P2P trading with local people is sometimes not as good as the price we get if we trade on the exchange, because the people we buy from will take profit of a few percent of the real time price, so it becomes people's reluctance to do P2P unless they are in a state of urgency or this is for long-term hold because we don't want to be constrained by KYC if you use CEX

Most times at the process of learning your trading you make money by holding and after you may have gain your bases then you can fund your account to continue your trading than trying to be in haste to make profits from trading, since everyone is on the move about trading you decided to follow that part with or without knowing trading is not for everyone. You have to discover your place in crypto-space if you noticed you aren't making progress in trading then divert to investment and, you must know the types of coin you will invest.
Trading isn't for everyone, so why do so many stick to trading instead of investing? because it is not easy to keep holding onto the coins we have when you see prices rising and traders can make a profit, and only those who have patience will be able to survive as investors and not turn into traders because they understand that profit from investing is better than trading, even though you can make a profit in trading quickly, but when the market does not move according to analysis, losses will usually be obtained.
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