Trading of cryptocurrency is a skill that can't be mastered 100% an you can't equate it to being wealthy, because even if you are successful in it, the market can humble you in such a manner that even if you made 1000usdt in a week, you can lose more than that in a day.
Most of the most wealthy people in this world are not even into crypto, so what are you saying
Topic: Trading as wealth. - page 2. (Read 887 times)
If you learn how to trade bitcoin and understand the real pratical aspect of trading over years, then it's no more a doubt that you can depend on your sustainability on bitcoin trading, those that do trading learn about various trading patterns, use their money to secure different leverage positions, invest and hodl for both long and short term duration, they understand the study of trading patterns and make good wealth from it because they sees it a profitable thing to do.
For those people who think they can only depend on trading to provide money for them,i reserve my comment,because I know you are about to thread the wrong path.The way trading has devastated lives,one won't even think of making it the number one source of income.I agree most person's are good at trading,they have the experience,the knowledge and the strategy,but one thing that always seem to frustrate them most times is luck.If you aren't lucky enough,the market will always upset you,loses come when you least expect it.People who are wealthy today have started their Bitcoin journey long ago,and only people who hold today will gain tomorrow.
If you learn how to trade bitcoin and understand the real pratical aspect of trading over years, then it's no more a doubt that you can depend on your sustainability on bitcoin trading, those that do trading learn about various trading patterns, use their money to secure different leverage positions, invest and hodl for both long and short term duration, they understand the study of trading patterns and make good wealth from it because they sees it a profitable thing to do.
Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.
You are right mate, And in crypto currency trading is mainly the number of such people who greedily get into trading without even basic knowledge to earn more profit in a short time. But those who trade with minimal basic knowledge and choose Bitcoin as a coin, I think they are able to gain good profit at some point. However, no matter where the investment is made, if we do not have knowledge about trading, it will not be possible to earn profit. So I think before we turn trading into wealth we need to learn about trading or analysis
that could really be learnt up on a short time.You might be able to make profits on first few tries but on the time that you would be experiencing losses and hardships then this is where self realization
and learning would really sets in.It is really just depending whether you would be able to adapt it or would be missing out those learnings because if you dont then this wont really be beneficial for you.
Getting that good trading skill isnt something that you could be able to get in a short time period.
I think it is true that there is an unlimited wealth that you can get from trading but it is not easy to do and that is why only few traders are making it to the TOP and majority of the traders are keep losing. Learning is crucial because you really need to spend a time just to master and have an idea when the chart gives you a opportunity to entry. If you can master the basic, there is a high chance that you will achieve next level performance that can help you to be in the top traders in the world.
Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.
You are right mate, And in crypto currency trading is mainly the number of such people who greedily get into trading without even basic knowledge to earn more profit in a short time. But those who trade with minimal basic knowledge and choose Bitcoin as a coin, I think they are able to gain good profit at some point. However, no matter where the investment is made, if we do not have knowledge about trading, it will not be possible to earn profit. So I think before we turn trading into wealth we need to learn about trading or analysis
that could really be learnt up on a short time.You might be able to make profits on first few tries but on the time that you would be experiencing losses and hardships then this is where self realization
and learning would really sets in.It is really just depending whether you would be able to adapt it or would be missing out those learnings because if you dont then this wont really be beneficial for you.
Getting that good trading skill isnt something that you could be able to get in a short time period.
Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.
You are right mate, And in crypto currency trading is mainly the number of such people who greedily get into trading without even basic knowledge to earn more profit in a short time. But those who trade with minimal basic knowledge and choose Bitcoin as a coin, I think they are able to gain good profit at some point. However, no matter where the investment is made, if we do not have knowledge about trading, it will not be possible to earn profit. So I think before we turn trading into wealth we need to learn about trading or analysis
This topic amuse me and make me feel for those who will just see the topic and immagine how much they can make while trading when they eventually start it.It reminds me of the mindset I had towards trading the very first time I started,I thought trading is what you can just invest your money in,and double without having any setback or loss.But when I eventually made my first second and third trading transaction,I found out that trading is not just the way you see it,trading is what needs startegy, calculation,
and a careful study of the market scheme.Some persons see trading as an avenue to make money, but I see trading as an avenue to try your luck and see if you will be favoured or not,,and not really a wealth oriented platform.
and a careful study of the market scheme.Some persons see trading as an avenue to make money, but I see trading as an avenue to try your luck and see if you will be favoured or not,,and not really a wealth oriented platform.
It's true that investing is a big part of asset management these days, owning and building a successful portfolio is important for longterm wealth generation and also saving money for retirement. When we buy an investment fund or take out retirement insurance than the company will invest the money on our behalf. We can do that ourselves and save on all the fees while being more flexible. Any good portfolio should hold crypto currencies among others. In my opinion having a well diversified portfolio is important during times if crisis. Putting 25% in stocks, cryptos, Real Estate and bonds is a great split. Personally I am not a fan of hold these days that's why I would not buy commodities.
It is the main reason why you need to put money aside, because it allows you to have an easier older life. Currently there are too many retired people in our nation that is living poorly because they lived poorly during their younger years as well, they are not stupid people who failed to put money aside even when they had it, no they are people who couldn't put any money aside since they didn't had much to invest, and the small amount they invested couldn't grow too much and help them later on and when they needed it they cashed it out.However, bitcoin is different for us, because we are mostly younger generation who can invest into bitcoin, and even if not a lot, bitcoin can grow bigger than other investments and help us.
Bitcoin's like your undercover superpower, ready to rock the investment world. It can grow way beyond ordinary investments, setting us up for a wicked-awesome future. It's like sporting a cosmic cape to fend off the wickedness of poverty when we're old and gray.
In my wild ride of an experience, throwing dough into bitcoin's a slick move for young bucks. Just make sure you've got a killer game plan, stay in the loop with the freshest market buzz, and keep your mind open to learning rad new trade moves and schemes. So, let's pump those bitcoin vibes and be the caped crusaders of our own futures!
Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.
It's true that investing is a big part of asset management these days, owning and building a successful portfolio is important for longterm wealth generation and also saving money for retirement. When we buy an investment fund or take out retirement insurance than the company will invest the money on our behalf. We can do that ourselves and save on all the fees while being more flexible. Any good portfolio should hold crypto currencies among others. In my opinion having a well diversified portfolio is important during times if crisis. Putting 25% in stocks, cryptos, Real Estate and bonds is a great split. Personally I am not a fan of hold these days that's why I would not buy commodities.
It is the main reason why you need to put money aside, because it allows you to have an easier older life. Currently there are too many retired people in our nation that is living poorly because they lived poorly during their younger years as well, they are not stupid people who failed to put money aside even when they had it, no they are people who couldn't put any money aside since they didn't had much to invest, and the small amount they invested couldn't grow too much and help them later on and when they needed it they cashed it out.However, bitcoin is different for us, because we are mostly younger generation who can invest into bitcoin, and even if not a lot, bitcoin can grow bigger than other investments and help us.
Sometimes there is no need of knowledge and a person get huge profit with the help of good luck but it not always works. Doing a research about trading is very important because trust blindly on others can misguide you.
In trading, we should not rely on what others say, such as "good luck." If we rely on that, we will almost certainly fail in our trading journey. If you want to pursue a profession in trading, you must have the necessary knowledge and capital. Even if you have a lot of trade expertise because of your research and what the mentor taught you, it is still insufficient. You must have actual trading experience in order to know what else to do when emotions arise, and we also have varied execution methods. We must learn the rest from our own experiences. 
Trading strategies can vary widely depending on the trader's goals, time horizon, risk tolerance, and market conditions. Some traders may focus on short-term, high-frequency Crypto-Trading strategies, while others may take a longer-term, more fundamental approach. Regardless of the specific strategy, successful traders must have a deep understanding of market dynamics, including technical and fundamental analysis, market psychology, and risk management.
You that trading have different options and when you don't comprehend the classes of Trading you will contradict the option, involving in the long term investment should be basically base on your ability to understand what is your target before you venture into investment, sometimes people who venture into short term investment are the people who lose most because they don't know the scope of it, while short term investment such scenario also affect it, you most know the things that is behind cryptocurrency investment for all.accordingly basing up on what you are projecting into or trying to reach out.Trading as a wealth? No its not that way or something you could really tell that it would be the same because it is something that
would generate wealth if you do able to make yourself sustaining but of course this isnt for everybody because only a few are the ones who do able to make themselves survive on a market on which
it is really that unpredictable.Doesnt matter whether you are involving yourself on crypto or other markets because moving prices is always been the main challenge.
Trading strategies can vary widely depending on the trader's goals, time horizon, risk tolerance, and market conditions. Some traders may focus on short-term, high-frequency Crypto-Trading strategies, while others may take a longer-term, more fundamental approach. Regardless of the specific strategy, successful traders must have a deep understanding of market dynamics, including technical and fundamental analysis, market psychology, and risk management.
You that trading have different options and when you don't comprehend the classes of Trading you will contradict the option, involving in the long term investment should be basically base on your ability to understand what is your target before you venture into investment, sometimes people who venture into short term investment are the people who lose most because they don't know the scope of it, while short term investment such scenario also affect it, you most know the things that is behind cryptocurrency investment for all. 
In my opinion, it depends on your capital. The more assets you have in crypto, the more wealthy you can be. However, without education , learning the basics of trading, having multiple strategies , experience and practice , it would be extremely dangerous to trade. In addition to that, even if you are rich, it is preferable to start with a low budget and once you gain experience, you can boost your capital. Moreover, it seems daily trading is no longer profitable especially if your balance is limited. As you see market is not developing or progressing the way it should be and to be honest, most of cryptocurrencies are linked to Bitcoin. If it rises, the whole market will follow it.
Let go into the society as a whole most wealthy and stable individual are in there position today as a result of investment which is cryptocurrency when we look at them most of them are into trading of assets. That is to say cryptocurrency add positive value in terms of wealth to investment management.. in order word I stand by advising everyone to engage into business with cryptocurrency.
It's true that investing is a big part of asset management these days, owning and building a successful portfolio is important for longterm wealth generation and also saving money for retirement. When we buy an investment fund or take out retirement insurance than the company will invest the money on our behalf. We can do that ourselves and save on all the fees while being more flexible. Any good portfolio should hold crypto currencies among others. In my opinion having a well diversified portfolio is important during times if crisis. Putting 25% in stocks, cryptos, Real Estate and bonds is a great split. Personally I am not a fan of hold these days that's why I would not buy commodities.
In any case understanding is the key to success, how can one be successful without thorough understanding? Especially if we talk about trading on crypto, of course the same thing, even I think, every trader should understand more. It is true that crypto trading can change our destiny if we really understand the concept and what should and should not be done. But if there is no understanding, as you said it will invite poverty. Trading is not as easy as turning the palm of the hand, there is a very long process that must be passed for us to truly understand what trading is in its entirety.
The thing to understand is when to buy and when to sell, this comes from experience and if done on paper can yeild the experience without losing money. That and the idea that altcoins will never go as big as Bitcoin should be enough to narrow down a traders outlook towards bitcoin at low price which is the best thing to buy at.Losing money is something that is actually a certainty when indeed we are just trying to do this without real analysis, but on the other hand, you need to remember that even if you try, it is indeed one of the requirements for experience, but still, trying just hoping for luck cannot be justified.
In any case understanding is the key to success, how can one be successful without thorough understanding? Especially if we talk about trading on crypto, of course the same thing, even I think, every trader should understand more. It is true that crypto trading can change our destiny if we really understand the concept and what should and should not be done. But if there is no understanding, as you said it will invite poverty. Trading is not as easy as turning the palm of the hand, there is a very long process that must be passed for us to truly understand what trading is in its entirety.
The thing to understand is when to buy and when to sell, this comes from experience and if done on paper can yeild the experience without losing money. That and the idea that altcoins will never go as big as Bitcoin should be enough to narrow down a traders outlook towards bitcoin at low price which is the best thing to buy at.It takes some time to master this but if done with a clear mindset and a bit of faith in Bitcoin it is not difficult. As long as the trader is not getting swayed by shitcoins roaming around or scams running rampant they should profit in the long term.
Trading have to do with risk measure, either advantages and disadvantages. The wealth of trading starts when you know the rudiments of trading. And i believe that seriously concerning trading. And secondly i believe that trading have to come with this particular measure, you most make a research and know the possible secret that's behind trading.
I think after knowing about rudiment of trading the trading is not easy because there is sudden ups and downs. Without knowledge about rudiment there is also a need of selection of successful token because selection of tokens has a greater impact on the rate of success.
Sometimes there is no need of knowledge and a person get huge profit with the help of good luck but it not always works. Doing a research about trading is very important because trust blindly on others can misguide you.
In cryptocurrency people can get maximum returns but for them it is crucial to understand each and everything about it. It does not mean that by just engaging you will get what you desires but the actual things which matters are the understanding. Trading of cryptocurrency is more acceptable than physical money because physical money is not as much higher as that money which is offered through cryptocurrency trading. Trading can be a source of wealth but it can also be a source of poverty because of losing money due to your mistakes in trading field.
I think it is quite important to realize that having some sort of trading knowledge is not a thing people can get overnight. To know how to trade is something you can only do by studying really hard for months, hours everyday. If you are willing to do that then you can become a good trader, even then there are some people who may not.We all know that in high school there were a lot of people who were terrible in math, I was one of them, and there were only a few kids who were wizards in math. Those are the people who grew up to be rich by trading, because they understood the numbers. Without that, no matter how much you try, you won't be as good as them.
I support what you are saying dude, what you mentioned is exactly right, there is no shortcut here in crypto trading everyone should study first and know the pros and cons here so they don't blame that cryptocurrency is just a joke.
Because most of the newbies who invest here think that it is easy to make money here in the crypto space, they don't immediately think about the risk attached to it when they take out money. No one has enrolled in first-year high school today and tomorrow will be 4 years of high school immediately of course there is a proper process that must take time and time in the proper process, and the same is true here in crypto trading.
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In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.....
Many people think like this and because of that they are immediately interested in trading cryptocurrencies even without sufficient basic knowledge and skills. Yet behind it all, there is a very big risk that must be faced. And in the end, if they are unable to take the risk, they become desperate because it does not match their high expectations to get rich quicker by trading crypto. Many people think like this and because of that they are immediately interested in trading cryptocurrencies even without sufficient basic knowledge and skills. Yet behind it all, there is a very big risk that must be faced. And in the end, if they are unable to take the risk, they become desperate because it does not match their high expectations to get rich quicker by trading crypto. In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.....
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