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Topic: Trading and investing,and still very broke.why?Is it spiritual? (Read 1483 times)

hero member
Activity: 1204
Merit: 545
Before attributing poor results to spiritual forces, It is ideal to find out what those investors and traders who fail in crypto business do wrongly. First of all are they patient enough, secondly are they knowledgable about how the market moves either technically or fundamentally. Most times we attribute bad things to spiritual force and neglect the physical things we aren't doing right.

One thing i know and have experienced myself is that there is no power that can stand on the way of a dedicated and determined soul. Except they keep doing the wrong thing and assume they are right or they are unteachable and refuse to learn the right way.
True, like this can be sought the cause, whether he really does it well or not. Because if this is associated with spiritual things or other things it seems too excessive in my opinion. The desire to learn in my opinion will also greatly affect the results of what is done, in this case trading or investing. Because how could people be successful while they are lazy to learn to know what they don't know. It will be very strange when they are lazy to learn and they want to have a decent knowledge of trading and investing.
I gotta tell yaa that continous improvement and learnin are keyy when it comes to tradin or investin. The market's always changin and evolving, so it's crucial to keep up with the latest trends, news, and strategiess to make informed decisions. Sometimess, we can get soo lost in the analysis that we forget to trust our own dam instincts! I remeber thiss one time when I almost didnt buy a coin that I had a hunch about because all the technicall indicators were pointin the other way. But I decided to roll the dice and trust my gutt, and boy did it payy off! Of course, I'm not sayin to throw all logic out the window - do your doo diligence, people - but dont be afraid to take calculated riskss and trust your intuition. So, to all you aspiring traders out there, keep on learnin', but also remember to trust your gutt every now and then!



hero member
Activity: 3066
Merit: 629
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The desire to learn in my opinion will also greatly affect the results of what is done, in this case trading or investing. Because how could people be successful while they are lazy to learn to know what they don't know. It will be very strange when they are lazy to learn and they want to have a decent knowledge of trading and investing.
If someone is eager to learn something such as trading, they'll try hard and won't be giving up quickly when they fail at the beginning.
The eagerness to learn and make a profit is what will push them to their best whatever it takes for them to reach that very moment. Failure is part of the process and the same goes for learning as it will require them a lot of time in doing so, because many do fail and stop learning at the same time when they don't feel it anymore.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
Before attributing poor results to spiritual forces, It is ideal to find out what those investors and traders who fail in crypto business do wrongly. First of all are they patient enough, secondly are they knowledgable about how the market moves either technically or fundamentally. Most times we attribute bad things to spiritual force and neglect the physical things we aren't doing right.

One thing i know and have experienced myself is that there is no power that can stand on the way of a dedicated and determined soul. Except they keep doing the wrong thing and assume they are right or they are unteachable and refuse to learn the right way.
True, like this can be sought the cause, whether he really does it well or not. Because if this is associated with spiritual things or other things it seems too excessive in my opinion. The desire to learn in my opinion will also greatly affect the results of what is done, in this case trading or investing. Because how could people be successful while they are lazy to learn to know what they don't know. It will be very strange when they are lazy to learn and they want to have a decent knowledge of trading and investing.
hero member
Activity: 2366
Merit: 594
I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
It does not mean that even if you go for investing and trading, you will already achieved utmost profits. Of course that will only be possible if you have decent skills and strategies in both of them, otherwise you will end up wasting your money because you are following the wrong patterns for investing and trading. Although there are also some inevitable circumstances, but if you only know how to combat them with your knowledge and skills, you will still win and make significant profits at the end of the day.
Traders that seems to be broke just only depend on trading and do not have another source of income. It is not just possible people will depend only on trading,  these is the mistake lot of person normally I have.  They want to do trading with mentality of to gain source of income. If at all one Wanr to depend in trading their should be sufficient amount of money for trading and a good experience as a trader than as a beginner craving to make money with shallow knowledge.

People think that trading is easy, and some of them will jump into it, but it turns out to be difficult, and they quit along the way. This is mostly my first impression of those people who will just say, "Buy low, sell high." Also, only a few or those professional traders are the only ones doing it full time as they see that they can get more profit than working in a job, but like us small-time traders, we can't do it as we don't have much capital and we still haven't perfected our strategy.
hero member
Activity: 1246
Merit: 699
I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
It vary between each person. Probably when the market isn't something they would expect to be and their mental become worse and changed based around the market does exist for some people and it could be scary if they lose because of that, hence they'd prefer to just do long-term hold instead. Although they do it consistently, but if we are talking about mentality and emotions then they have to improve it by themselves from several source to fix their behavior and state of emotions.
yes, it all depends on us. when we want to grow and try to improve our emotions and mentality when trading before. I'm sure there will be better opportunities in the future. whether it's trading or indeed long term investment.
indeed sometimes we can only choose to trade or invest. not everyone has the skills and luck to do both. most of them have to focus on one of them to get maximum results. as long as we try, I'm sure, there will be a plan according to what we want.
hero member
Activity: 2912
Merit: 526
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I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
It vary between each person. Probably when the market isn't something they would expect to be and their mental become worse and changed based around the market does exist for some people and it could be scary if they lose because of that, hence they'd prefer to just do long-term hold instead. Although they do it consistently, but if we are talking about mentality and emotions then they have to improve it by themselves from several source to fix their behavior and state of emotions.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
Before attributing poor results to spiritual forces, It is ideal to find out what those investors and traders who fail in crypto business do wrongly. First of all are they patient enough, secondly are they knowledgable about how the market moves either technically or fundamentally. Most times we attribute bad things to spiritual force and neglect the physical things we aren't doing right.

One thing i know and have experienced myself is that there is no power that can stand on the way of a dedicated and determined soul. Except they keep doing the wrong thing and assume they are right or they are unteachable and refuse to learn the right way.
hero member
Activity: 1050
Merit: 592
God is great
I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
It does not mean that even if you go for investing and trading, you will already achieved utmost profits. Of course that will only be possible if you have decent skills and strategies in both of them, otherwise you will end up wasting your money because you are following the wrong patterns for investing and trading. Although there are also some inevitable circumstances, but if you only know how to combat them with your knowledge and skills, you will still win and make significant profits at the end of the day.
Traders that seems to be broke just only depend on trading and do not have another source of income. It is not just possible people will depend only on trading,  these is the mistake lot of person normally I have.  They want to do trading with mentality of to gain source of income. If at all one Wanr to depend in trading their should be sufficient amount of money for trading and a good experience as a trader than as a beginner craving to make money with shallow knowledge.
sr. member
Activity: 2366
Merit: 332

A well-balanced trader will open just one trading position with a high leverage or lotsizes with full interest to keeping the trade open for a week or months.


Not really. So balanced and experienced trader also trade by margingale and that involves trading multiple coins or orders at the same time.


They don't care if it will result in a significant loss in the end; instead, they focus on the risks involved in order to be rewarded in a colossal manner. People with good salaries are more likely to gain easy profits without stress.


Greed is the major reason th

Trading is more suited to the wealthy than the underprivileged.


I don't agree rather trading has profited more underprivileged than the wealthy. An underprivileged need to be gradual and consistently make profit to get to the top.


Forgetting the proverb that has protected many beginning traders, "Crypto is not a get rich quick scheme," an average trader with no capital would be desperate for significant gains in the market.


This is a contradiction to what your view is about a wealthy trader and underprivileged trader. Getting rich quick is not just good conception for a trader

I always keep that in the back of my mind whenever I'm opening my trading account.

I think you can change that and put it now in the front of your mind because you already contradicted yourself by saying wealthy people trade with high leverage which means they are expecting getting richer quick instead of gradual profit taking like those who have less capital and not seeing trading as get rich quick syndrome.
hero member
Activity: 1148
Merit: 518
Normally rich people don’t trade, they just invest for long term and check the market rarely. Whereas the traders are the real hustlers. They have low income and they use some of it in trading to earn a few extra bucks. This is the reason, when they make losses in trading, they are considered as broke. Moreover trading isn’t also like gambling, where you do or die in one sort. In trading the risk involved is less and hence they don’t actually make tons of money overnight. And yes I don’t thin trading should be considered as spiritual.
A well-balanced trader will open just one trading position with a high leverage or lotsizes with full interest to keeping the trade open for a week or months. They don't care if it will result in a significant loss in the end; instead, they focus on the risks involved in order to be rewarded in a colossal manner. People with good salaries are more likely to gain easy profits without stress. Trading is more suited to the wealthy than the underprivileged. Forgetting the proverb that has protected many beginning traders, "Crypto is not a get rich quick scheme," an average trader with no capital would be desperate for significant gains in the market. I always keep that in the back of my mind whenever I'm opening my trading account.
sr. member
Activity: 1008
Merit: 262
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I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
You need to knwk that for you to be a trader does not necessarily means that you are going to making plenty of money. Trading is not spiritual so you don't have to think that for you to trade and make good money is spiritual. The problem might come from either you are not doing what others are doing to be a consistent and profitable trader.

Tryand work on yourself and do some research maybe that will help you to make cool cash as a trader. You need to understand the market for you to be a profitable trader also how the market moves. Making money in trading is not something you just jump in and expect to be a big tarder. You need to work on your psychology also to control your mind and your feelings.
copper member
Activity: 2394
Merit: 539
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I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Normally rich people don’t trade, they just invest for long term and check the market rarely. Whereas the traders are the real hustlers. They have low income and they use some of it in trading to earn a few extra bucks. This is the reason, when they make losses in trading, they are considered as broke. Moreover trading isn’t also like gambling, where you do or die in one sort. In trading the risk involved is less and hence they don’t actually make tons of money overnight. And yes I don’t thin trading should be considered as spiritual.
jr. member
Activity: 259
Merit: 1
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Trading is a useful tool for the individuals of all present generations It is obvious that a person always learns from other may be he is a brother, neighbor and someone other. If a person learns in a better way then surely he will occupy the successful position in cryptocurrency trading but if he regularly fails then perhaps he become discourage and left behind the trading. I think that a person seeks from his own experience too whatever it is good or bad. It is also a fact that you have always effected by the success of your family in my opinion if your family is well in such activities then you will automatically involved in it.
legendary
Activity: 2380
Merit: 1150
I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
Could you believe I couldn't stop laughing reading your post? I guess you are a Nigerian, perhaps some black part of Africa. Frankly, a thing like spiritual could be present, but they target a few sets of people, so it's irrelevant since the majority are losing in retail trading/investments. Professionally, based on my experience, people do not understand what trading and investment are, they are rushing in and out and approaching them wrongly.

This causes their losses, and since you can't make money through them, you will lose, hence the reason for their poverty. This will continue until they get it right.
What makes you think he is a Nigerian/African? Is it because the people there are spiritual? But what about on other countries? I think all are the same. Or do you mean something? Hmm. Spiritual does exist and it can be possible that it's one of the cause on why we lose on trading or on any other activities that we are doing but their effect is not 100 percent. Other than to be spiritual we also need to learn more or practice more (be consistent).

I believe this is the major thing that can makes us successful. Some people are consistent and yet still fail because they are following the wrong program. Sometimes, we should also learn to switch and realize our mistakes early.
hero member
Activity: 3010
Merit: 794
I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
Could you believe I couldn't stop laughing reading your post? I guess you are a Nigerian, perhaps some black part of Africa. Frankly, a thing like spiritual could be present, but they target a few sets of people, so it's irrelevant since the majority are losing in retail trading/investments. Professionally, based on my experience, people do not understand what trading and investment are, they are rushing in and out and approaching them wrongly.

This causes their losses, and since you can't make money through them, you will lose, hence the reason for their poverty. This will continue until they get it right.
Who would really be that sad on the time that they are making money or being profitable with trading or something that they are engaging into? When you do know into yourself that you are really that making money
and making yourself get out from poverty and making or having that feeling of being sad just because you arent that contented or looking for something?

This is actually a personal kind of viewpoint since not all would really be that able to feel such condition which it is really impossible for you not to be happy and contented if you do
saw that you are pretty doing well specially on trading and investing. Being not contented is really just a matter of each everyones perspective.
hero member
Activity: 896
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I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
Could you believe I couldn't stop laughing reading your post? I guess you are a Nigerian, perhaps some black part of Africa. Frankly, a thing like spiritual could be present, but they target a few sets of people, so it's irrelevant since the majority are losing in retail trading/investments. Professionally, based on my experience, people do not understand what trading and investment are, they are rushing in and out and approaching them wrongly.

This causes their losses, and since you can't make money through them, you will lose, hence the reason for their poverty. This will continue until they get it right.
hero member
Activity: 812
Merit: 619
If a person is consistent then it does not mean that he will necessarily get profit because sometime the market suddenly alters and all of the hopes become useless. I think that if an individual loses regularly then may be he does not have any experience or may be he is using some wrong planing.

Other thing is that trading is just for enhance your present income but if you did not succeed then surely you will get experience, also trading is not related to the genetic abilities. Although brilliant abilities comes as a result of inheritance but cryptocurrency is not related to the genes and genetic characters.

It is the hardworking, experience and something luck which will give you better results.
hero member
Activity: 2702
Merit: 540
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expression of dissatisfaction in life management
and it's natural for those who get bad luck in seeking the luck of life...
but being consistent in trading and also investing has not determined success in changing lives and this doesn't just happen in both jobs, spiritual and emotional strength quision two different lines I think OP knows that...
try to find the consistency of a job by not relying on one way because freedom from poverty has a way from another way, when we find it here is what consistency really means
Human beings is really like this on which they arent really that get easily contented for whatever they had already that attained which its no surprise at all.Lets say that trading career
had been successful and turns out that you are already that making profits and able to be that sustainable but still you are really that crying out and thinking that you arent happen
or having that dissatisfaction without pointing out the reason.Whether on what it would be but still it cant really be blamed out because there are ones
who are really that not just grateful on what they had achieved or wants something more.
full member
Activity: 1134
Merit: 167
expression of dissatisfaction in life management
and it's natural for those who get bad luck in seeking the luck of life...
but being consistent in trading and also investing has not determined success in changing lives and this doesn't just happen in both jobs, spiritual and emotional strength quision two different lines I think OP knows that...
try to find the consistency of a job by not relying on one way because freedom from poverty has a way from another way, when we find it here is what consistency really means
member
Activity: 322
Merit: 10
let me start out by laughing out loud, cos you sound very much like my nigerian friend, who is very funny indeed.  trading and investing can be a difficult and uncertain endeavor, and it's not uncommon for traders and investors to experience periods of financial struggle, regardless of their level of consistency or effort.

There are many factors that can contribute to a trader or investor's financial success or failure, including market conditions, personal circumstances, and individual skill and experience.

it is important to remember that no one is completely immune to financial struggles and that it is a common human experience.
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