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Topic: Trading as wealth. - page 3. (Read 828 times)

hero member
Activity: 1498
Merit: 562
Leading Crypto Sports Betting & Casino Platform
April 08, 2023, 02:45:48 PM
#70
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.
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.
legendary
Activity: 2086
Merit: 1058
April 07, 2023, 01:54:10 PM
#69
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.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
April 07, 2023, 05:45:07 AM
#68
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.
They just need to understand how to keep money safe in the form of crypto and what measures to take in order to not accidentally getting scammed. After that just buy and sell high, how hard can that be? Actually it is tough that is why people lose more than they make in trading.

Quote
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.
Physical currency not being high is a temporary thing that can change, should not be the reason for crypto trading. Today USD is lower than bitcoin, but the average person gets paid in fiat not bitcoin - so for them 1BTC is a huge amount usually not affordable in a single salary payout.

Trading is not for everyone though, those who end up losing money even after playing it safe are doing something wrong and if they are unable to identify it they should move away from trading.
hero member
Activity: 1148
Merit: 518
April 06, 2023, 02:35:32 AM
#67
not everyone will get good results if they are just starting out, that's why most beginners experience losses, not only in crypto but in business as well, if you are just starting out then what you are looking for is experience.
Experience is the best teacher and as newbies, mandatory you posses it probably not now but in the nearest future. Experience is the factor that mapped out the qualification to handle any market position and also in the right state of mind. Trading is risky and complicated at the same time. It's compulsory that we learned more about cryptocurrency before hopping into the space because it's volatility is very high, and incomparable to legal businesses. We needs the basic knowledge and tools to implement on the market, knows the exact spot for good entries and risks management.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
April 05, 2023, 01:31:32 PM
#66
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.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
April 02, 2023, 10:19:34 AM
#65
not everyone will get good results if they are just starting out, that's why most beginners experience losses, not only in crypto but in business as well, if you are just starting out then what you are looking for is experience.
newbie
Activity: 2
Merit: 0
April 02, 2023, 02:20:53 AM
#64
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.
sr. member
Activity: 854
Merit: 262
Eloncoin.org - Mars, here we come!
February 28, 2023, 06:15:33 PM
#63
Like every goals trading is likely to give everyone what he desires.
     Let me go to the point trading has to do with either physical market or online marketing also know as digital marketing. On digital marketing trader are likely to use cryptocurrency which can be .
  Bitcoin
  Bitcoin core
  Ethereum.
  Or trading on asset such as
   Gold
  In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.
  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.
People still see trading as a tool to.become wealthy in life. We should not look at trading from that angle because it is not as easy as we think that is why many newbies had been making the mistake of going I to trading so they can alleviate themselves from poverty which is not so. Investing in cryptocurrency is far more profitable than even trading because as a trader you must be propared to make loses or you will have to make winnings that will make you to leave trading because the market is different from the way we do see it.
full member
Activity: 1498
Merit: 132
BK8 - Most Trusted Gambling Platform
February 28, 2023, 06:09:14 PM
#62
  In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.
This is the first purpose of someone entering trading activity, they are willing to be richer because of crypto trading. For, wealth is one of the most things to focus on in the real life. This is the fact that the more wealthy you are, the much more honor you will get. This is what happened to my area, but don't know about yours.
That is why trading is also sometimes connected as a way to gain wealth. they have high expectations to be rich because of trading by taking many profits to earn a lot of money.
But, sometimes they forget about the risk, that trading is also capable to erase your money and make you poor. that is why what kind of trading you will get will really influence the result of trading itself.
full member
Activity: 1050
Merit: 140
February 28, 2023, 04:50:39 PM
#61
Trading with gold in a physical shop is possible but seems tedious than using fiat though. I reckon the number would be abysmal if not worse.

Accepting bitcoin in a business a tough choice to make specially if you livinq country that is against bitcoin and in a bitcoin hating locality. Running a business is not a piece of cake.

I appreciate what the OP has in their vision but realism is important here. Accumulate bitcoin and keep that idea in your head for now. If you local laws are good then go for it.
Gold is a good store of money for the long term, so it is better if it's used that way. It is not to be used as a mode of payment for goods or services, it was in the extent past, but those were different times.

You are right that running a business in a not-so-friendly country towards Bitcoin is not an easy job. That too if the price of Bitcoin keeps fluctuating negatively. A positive move could be a good thing for a business, but if it goes the other way around, that becomes a disaster.

Bitcoin too, just like gold, is better to be bought and kept for now. There is only one method businesses can use Bitcoin to receive payments, which is to implement a system that would exchange the received coins to USD in real-time without keeping or holding them unless the business owners want to change that themselves.
sr. member
Activity: 1428
Merit: 326
Eloncoin.org - Mars, here we come!
February 28, 2023, 04:51:27 AM
#60
crypto trading act as a way to provide you passive income but instead of this they also have some negative aspects like that of unstability. Engaging in crypto is wise idea but those who do not have close attention to it will not get much better results from it hence it is unstable and changeable so quick decision will make a man unable for the future success.

If a person wants to become wealthier very quickly so he will regularly face some problems in the way of achievement because trading is not such business which can offer you quick response but if you work properly, select coin wisely and wait for the secure and stable condition of market then you can easily achieve what you desires.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
February 27, 2023, 06:01:49 PM
#59
Trading with gold in a physical shop is possible but seems tedious than using fiat though. I reckon the number would be abysmal if not worse.

Accepting bitcoin in a business a tough choice to make specially if you live inq country that is against bitcoin and in a bitcoin hating locality. Running a business is not a piece of cake.

I appreciate what the OP has in their vision but realism is important here. Accumulatw bitcoin and keep that idea in your head for now. If you local laws are good then go for it.

first, why is bitcoin core included in his cryptocurrency?  Tongue

but in any case, if you are confident in this market and no one is forcing you to put money into this, then by all means, you can always accumulate any amount of btc. because at the end of the day, it is you who is responsible for your funds. accepting btc or crypto on any business, depends on the owner/s sentiments towards btc. they have their own reasons why such move. but before they do come into this decision, should at least know the risks and not just because to ride the hype.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 27, 2023, 09:05:01 AM
#58
There is nothing that brings fast money and wealth than trading,especially when you invest a huge amount of money,If the market goes successfully,then the amount recieved will be very huge ,and it will change a lot of things about you.Trading is very essential for people looking forward to becoming successful in life.I know there are sometimes when the market is bad,and it makes trading very risky,but when luck wants to be on your side,everything will work smoothly,and you will win a huge amount of money as expected.But it's just always good to try first.
This is not easy, even if you have the money you can’t still make some profit if you are not knowledgeable enough about how trading works, so better no to fully rely on this. Trading can’t make wealth in an instant, it will always take time because losing in trading is normal as well. If you do focus on your strategy consistently, then there’s a higher chance of getting more profit and probably you might be able to reach your goal in trading.
To succeed in trading, we must learn and not give up if we have not achieved profits like others. It's only a matter of time and if we continue to learn about trading, we can make profits that will even get bigger if we can analyze properly. But not many people can learn analysis as well as others and most of them give up halfway and complain that trading is not for them. If they do, they still won't be able to make a profit trading because they've given up hope before they've put in more effort.
hero member
Activity: 2352
Merit: 594
February 27, 2023, 07:30:23 AM
#57
There is nothing that brings fast money and wealth than trading,especially when you invest a huge amount of money,If the market goes successfully,then the amount recieved will be very huge ,and it will change a lot of things about you.Trading is very essential for people looking forward to becoming successful in life.I know there are sometimes when the market is bad,and it makes trading very risky,but when luck wants to be on your side,everything will work smoothly,and you will win a huge amount of money as expected.But it's just always good to try first.
This is not easy, even if you have the money you can’t still make some profit if you are not knowledgeable enough about how trading works, so better no to fully rely on this. Trading can’t make wealth in an instant, it will always take time because losing in trading is normal as well. If you do focus on your strategy consistently, then there’s a higher chance of getting more profit and probably you might be able to reach your goal in trading.

Others will do copy trading even though they don't know how to trade they just copy those traders that are a high percentage of winning but again you are kind of blind seeing the information that you don't know also you don't know why you are losing as you don't knowledge at all. Trading is a game of minds and knowledge if you don't have it no matter what strategy that is working right now without any knowledge you'll lose in the long run. Also only it will become an advantage if you already establish a strategy on trading and higher percentage of winning as you can now earn profit big.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 27, 2023, 06:35:50 AM
#56
Trading with gold in a physical shop is possible but seems tedious than using fiat though. I reckon the number would be abysmal if not worse.

Accepting bitcoin in a business a tough choice to make specially if you livinq country that is against bitcoin and in a bitcoin hating locality. Running a business is not a piece of cake.

I appreciate what the OP has in their vision but realism is important here. Accumulate bitcoin and keep that idea in your head for now. If you local laws are good then go for it.
full member
Activity: 1400
Merit: 115
Sugars.zone | DatingFi - Earn for Posting
February 27, 2023, 04:11:56 AM
#55
There is nothing that brings fast money and wealth than trading,especially when you invest a huge amount of money,If the market goes successfully,then the amount recieved will be very huge ,and it will change a lot of things about you.Trading is very essential for people looking forward to becoming successful in life.I know there are sometimes when the market is bad,and it makes trading very risky,but when luck wants to be on your side,everything will work smoothly,and you will win a huge amount of money as expected.But it's just always good to try first.
This is not easy, even if you have the money you can’t still make some profit if you are not knowledgeable enough about how trading works, so better no to fully rely on this. Trading can’t make wealth in an instant, it will always take time because losing in trading is normal as well. If you do focus on your strategy consistently, then there’s a higher chance of getting more profit and probably you might be able to reach your goal in trading.
the main capital in trading is knowledge, and this knowledge includes psychology, money management, and trading strategies. of course it's not easy to master all of them, unless we invest, maybe just choose the most influential coin and hold it until one day it makes a profit. but if trading with a large amount of capital and minimal knowledge, I think this is the same as gambling, and eventually going bankrupt. in trading we have a portfolio, so we use it as a reference for our achievements in a healthy manner
sr. member
Activity: 1358
Merit: 268
★Bitvest.io★ Play Plinko or Invest!
February 27, 2023, 01:56:02 AM
#54
Like every goals trading is likely to give everyone what he desires.
     Let me go to the point trading has to do with either physical market or online marketing also know as digital marketing. On digital marketing trader are likely to use cryptocurrency which can be .
  Bitcoin
  Bitcoin core
  Ethereum.
  Or trading on asset such as
   Gold
  In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.
  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.

I hope all gamblers are like you, you are very lucky, just real talk. If I look at the history of your gambling story, I can say that this is not a barber's story, but a true story. If I was one of the friends you offered who didn't listen to you, for sure I would feel regret and envy you.

        But a friend of yours was also lucky to bet 100$ and now it is also a big help to him and he is also very grateful to you for believing in and trusting you. Congratulations as well as those who have posted here before on the topic you have created.
full member
Activity: 2128
Merit: 180
February 26, 2023, 05:52:43 PM
#53
There is nothing that brings fast money and wealth than trading,especially when you invest a huge amount of money,If the market goes successfully,then the amount recieved will be very huge ,and it will change a lot of things about you.Trading is very essential for people looking forward to becoming successful in life.I know there are sometimes when the market is bad,and it makes trading very risky,but when luck wants to be on your side,everything will work smoothly,and you will win a huge amount of money as expected.But it's just always good to try first.
This is not easy, even if you have the money you can’t still make some profit if you are not knowledgeable enough about how trading works, so better no to fully rely on this. Trading can’t make wealth in an instant, it will always take time because losing in trading is normal as well. If you do focus on your strategy consistently, then there’s a higher chance of getting more profit and probably you might be able to reach your goal in trading.
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
February 26, 2023, 04:21:45 PM
#52
But it's normal that there are people who think they can get rich quickly from crypto because if we look at Youtube, there will be lots of people or Youtubers who say you can get rich quickly if you invest in coin A or follow my method to get rich quickly in a short time and so on. But if they never want to learn how to invest properly or trade properly, it will all be impossible to achieve. However, to become an expert in trading, one must learn more than others and practice as much as possible with small capital.

Talking about YouTubers or influencers who are in the cryptocurrency environment, be it trading or investing, they are indeed one of the people who previously were not interested or didn't even know about this matter to know. I won't blame them, but it would be better if they educate a lot than tempting profits if their followers join cryptocurrency. Because, I often see them only showing their profits, without giving an in-depth explanation. It's things like this that make them beginners have a mindset that shouldn't exist in their minds.
Its quite misleading but at the same time it do create that kind of curiosity which do really adds up that kind of recognition which it would really be that something that we do really need
when it comes to exposure specially on crypto space. Trading could really bring some wealth if you do really know on how to play with those moving prices.
Trading could really bring that wealth but of course there are people who are on the losing side of things too.  Expertise would only come basing up on the time and effort
that you had made over a period of time.
hero member
Activity: 2506
Merit: 582
"CoinPoker.com"
February 26, 2023, 04:10:46 PM
#51
Long term traders always make a lot of money as long term trading can become an investment and if you choose a currency like Bitcoin you will most likely make short, medium or long term profits that is the advantage of Bitcoin.

The bitcoin market has a lot of volatility, it can make the price go up or down, you don't know.To guarantee success in an investment, you have to be patient and very willing not to withdraw your investment in case things go wrong, because bad news, fundamentals, wars are going to appear, and that obviously makes some investors panic and sell.
It depends on the ability of the person. A long term investing will still be useless if the one that initiates it is dumb or inexperienced but if I where to give my opinion I think short term trading is much profitable because the action is done frequently. If a trader lose, they will move on and try again until they hit the jackpot but in long-term investing or trading. They will still need to wait for ages before they can be able to profit and sometimes these profits are not big enough if they pick up a bad coin.

Both investing and trading has their own difficulties. In investing the main solution to survive the negativities is to get out of the market and come back only after some time. In trading, you have to practice dealing with your emotions.
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