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Topic: Is trading actually worth it? - page 17. (Read 1978 times)

full member
Activity: 651
Merit: 103
March 23, 2018, 12:42:00 AM
So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
I earned now many bitcoins and it is the reason why I can say that trading is really worth it. There is a time that I lose in trading but I overcome all of the challenges that I faced because I have trust to myself.
full member
Activity: 518
Merit: 100
March 23, 2018, 12:38:28 AM
Just like you said, we are no longer in bull market so your strategy has to be solid  and workable! As trader, you should be making some more trading on the margin. Do not expect however serious price increase that could enable you to make money that are impressive.
sr. member
Activity: 952
Merit: 274
March 23, 2018, 12:31:57 AM
So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
Trading is really worth it! Many people like me are now depending to the trading to earn big amount of money. Trading cryptocurrencies are really profitable and really worth it.
member
Activity: 218
Merit: 10
I AM HAPPY TO BE A TRADER
March 22, 2018, 11:45:54 PM
Yes obcourse its worth it soecialy if you have a good skill in trading you can earn more money in trading. There are some people earning thousand of dollar in just a few hours in trading but i think in that case your need a big amount of money too.
member
Activity: 392
Merit: 21
March 22, 2018, 10:04:41 PM
Yes ! Trading is actually worth it because even a small jump or increase in the price of your coins/tokens can make big profits if you have also big funds.
member
Activity: 185
Merit: 10
March 22, 2018, 06:42:51 PM
I find it so profitable and so worth it when i am earning but when i am not earning,  i feel so disappointed and so useless. I have some fear that my investment will be all gone in just a week.
hero member
Activity: 2268
Merit: 789
March 22, 2018, 06:40:48 PM
So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.

This depends on your knowledge about trading and your attitude on how you handle losses and winnings. Trading is actually worth-it but it requires extreme amount of patience, resilience and time especially when you are faced in a situation wherein losing money is the only option. Also, trading can be profitable but it requires at least a starting capital in order for someone to utilise trading. I know someone who earns large amounts of cash WEEKLY due to trading but the amount that he risks are also large.
hero member
Activity: 1134
Merit: 517
March 22, 2018, 06:24:42 PM
One of the most well documented facts about trading is many traders fail. Depending on the asset class, it's usually like 75-90 % of all market participants are net financial losers, with about 5-10 % making consistent great profits, and the rest breaking even or barely up or down...

Trading is an elite performance based activity, many are called, few are chosen. And you need to be prepared to outperform the vast majority of the population, if you want to make a prosperous living as a trader.
I think you're rather economic with the truth, because what you cited is an establish fact of life, known as Pareto principle and it is something that cuts across every area of life and not just trading. It's exactly for the same reason that 75 - 90% of the wealth of the world is in the hands of 5 - 8% of nations.

Good news, however is that anyone can aspire and determine to be within the 5 - 10%, champions are made not born!
Champions are not born, they become. Definitely this statement have true meaning related with trading and economical world. As you have said there is big ratio of %75-80 of the finances are under control of this little ratio of the nations. But you know how they get this finances from rest of population? They are killing them, bribing them and much more that can’t even talked here.
Given that champions are made, we must not fail to see that some people, somethings eventually get trampled along the way. The question then is, why would anyone be willing to be the one under, when they can be the ones on top? The answer must be the reason Abraham Lincoln had this to say - "No man is good enough to govern another man without the other's consent."  

When we narrow it all down to trading, what would be staring us in the face, is the age long fact that knowledge will forever govern ignorance. So a trader, who longs to make the 5 - 10% traders, must have to arm himself with the power which knowledge gives. Other than that, he already consented to make the 90% even without saying or meaning to say so.
sr. member
Activity: 952
Merit: 250
March 22, 2018, 05:55:10 PM
Trading is very technical and needs a detailed technical analysis inorder to get profit. Unlike with Gambling that you rely your winning in your luck.

If you trade your Bitcoin to altcoins like ETH, LTC,  XLM,  you have a sure profit in the long run.


So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
sr. member
Activity: 1176
Merit: 250
Buzz App - Spin wheel, farm rewards
March 22, 2018, 05:43:49 PM
Yes, if you know the opportunities, you are the nimble entrepreneur who will grab the business opportunity anytime .... Some traders they succeed in business because they know to seize the opportunity, they Know when to invest in and when to sell them. These are the experiences they have learned from failures in the market.
the opportunity is now one of the best and must be run because we know maybe we should take the moment where the current opportunities for a coin can happen every day so how traders take advantage of these opportunities to make a profit.
newbie
Activity: 224
Merit: 0
March 22, 2018, 05:39:15 PM
Yes, if you know the opportunities, you are the nimble entrepreneur who will grab the business opportunity anytime .... Some traders they succeed in business because they know to seize the opportunity, they Know when to invest in and when to sell them. These are the experiences they have learned from failures in the market.
hero member
Activity: 626
Merit: 500
March 22, 2018, 05:32:44 PM
Trading is worth it if you know how you are able to cope or survive a heavily fluctuating asset such as these cryptocurrencies. Having said that, you have to have adequate funds to try your luck from different trading firms. (It is because to be really realistic about it, you do not profit from all trades. There are times you lose as well which is very much part of the risk you are assuming as a trader.) I am not saying you have to be financially capable to trade, what I am saying is you have to have the requisite financial capacity to backup your trading endeavor. Simply put, your finances should match your goals as a trader. Now if you satisfy the aforesaid, I can confidently say trading is actually worth it.
It's worth it if you really earned, if not then its a waste of time. It depends on our abilities to understand the market, some didn't manage to do it well that's why they put more effort or consult a crypto adviser to help them with.
hero member
Activity: 868
Merit: 535
March 22, 2018, 04:33:54 PM
Trading is worth it if you know how you are able to cope or survive a heavily fluctuating asset such as these cryptocurrencies. Having said that, you have to have adequate funds to try your luck from different trading firms. (It is because to be really realistic about it, you do not profit from all trades. There are times you lose as well which is very much part of the risk you are assuming as a trader.) I am not saying you have to be financially capable to trade, what I am saying is you have to have the requisite financial capacity to backup your trading endeavor. Simply put, your finances should match your goals as a trader. Now if you satisfy the aforesaid, I can confidently say trading is actually worth it.
hero member
Activity: 2996
Merit: 609
March 22, 2018, 04:30:16 PM
One of the most well documented facts about trading is many traders fail. Depending on the asset class, it's usually like 75-90 % of all market participants are net financial losers, with about 5-10 % making consistent great profits, and the rest breaking even or barely up or down...

Trading is an elite performance based activity, many are called, few are chosen. And you need to be prepared to outperform the vast majority of the population, if you want to make a prosperous living as a trader.
I think you're rather economic with the truth, because what you cited is an establish fact of life, known as Pareto principle and it is something that cuts across every area of life and not just trading. It's exactly for the same reason that 75 - 90% of the wealth of the world is in the hands of 5 - 8% of nations.

Good news, however is that anyone can aspire and determine to be within the 5 - 10%, champions are made not born!
Champions are not born, they become. Definitely this statement have true meaning related with trading and economical world. As you have said there is big ratio of %75-80 of the finances are under control of this little ratio of the nations. But you know how they get this finances from rest of population? They are killing them, bribing them and much more that can’t even talked here.
We are striving to be part of that 5-10% champions into this bloody field.If you cant able to get out with that 90% then we should really try our best as we can on engaging ourselves even though it takes time but atleast we are heading that way.Who doesnt love a very prosperous life when it comes to financial?I do believe we are just longing for hitting up the same target.Only the best traders would really be profitable and having a loser is always been part of the game.
jr. member
Activity: 700
Merit: 1
SetupMasternodes.com
March 22, 2018, 04:27:57 PM
it can and cannot be worth it.

Some people believe in short term trading

some people believe in long term trading

you got to find the middle
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
March 22, 2018, 04:21:46 PM
One of the most well documented facts about trading is many traders fail. Depending on the asset class, it's usually like 75-90 % of all market participants are net financial losers, with about 5-10 % making consistent great profits, and the rest breaking even or barely up or down...

Trading is an elite performance based activity, many are called, few are chosen. And you need to be prepared to outperform the vast majority of the population, if you want to make a prosperous living as a trader.
I think you're rather economic with the truth, because what you cited is an establish fact of life, known as Pareto principle and it is something that cuts across every area of life and not just trading. It's exactly for the same reason that 75 - 90% of the wealth of the world is in the hands of 5 - 8% of nations.

Good news, however is that anyone can aspire and determine to be within the 5 - 10%, champions are made not born!
Champions are not born, they become. Definitely this statement have true meaning related with trading and economical world. As you have said there is big ratio of %75-80 of the finances are under control of this little ratio of the nations. But you know how they get this finances from rest of population? They are killing them, bribing them and much more that can’t even talked here.
hero member
Activity: 1134
Merit: 517
March 22, 2018, 12:28:04 AM
One of the most well documented facts about trading is many traders fail. Depending on the asset class, it's usually like 75-90 % of all market participants are net financial losers, with about 5-10 % making consistent great profits, and the rest breaking even or barely up or down...

Trading is an elite performance based activity, many are called, few are chosen. And you need to be prepared to outperform the vast majority of the population, if you want to make a prosperous living as a trader.
I think you're rather economic with the truth, because what you cited is an establish fact of life, known as Pareto principle and it is something that cuts across every area of life and not just trading. It's exactly for the same reason that 75 - 90% of the wealth of the world is in the hands of 5 - 8% of nations.

Good news, however is that anyone can aspire and determine to be within the 5 - 10%, champions are made not born!
sr. member
Activity: 560
Merit: 286
March 21, 2018, 06:28:38 AM
It depeneds on your knowledge or skills on trading,  for me its worth it i earned a lot on trading i even bought things i love /desire by doing trading.. If you know how to play it surely will worth it.
When someone knows how to get benefit from something and ultimately he got succeeded in his mission, definitely we can say he has worth it. Same is the case with bitcoins. We are open to every article, every knowledgeable thing that can be used to get better results at the end. People are making it worth by getting some basic knowledge about trading and then earning good profits from it as well.
member
Activity: 252
Merit: 10
March 20, 2018, 05:30:57 AM
So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
I think emotion is the most important thing that influences your success as well as your success. It can be seen that almost all of us can bore the losses are not confident enough to bend the words, so if the loss is very heavy losses and if the profit is very little profit. Therefore, the psychological problem should be trained regularly and always remind yourself when failure.
sr. member
Activity: 770
Merit: 258
The Standart Protocol - Solving Inflation
March 20, 2018, 03:47:26 AM
You can gain seriouse gain if you know how crypto world work and you trade without emotions and dont do daily trading. Becaise in my opinion crypto market will gives you profit if you trade at least weekly. The movement in crypto is very volatile and if you insist to do daily trade make sure you use bot trading because you also fight againts bot in the market and do scalpin or arbitrage.
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