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. 
Topic: Trading as wealth. - page 4. (Read 820 times)
Trading is simple, but not as simple as one might think. I am very clear about this assumption because basically anyone can buy anything and at any price, it is free for everyone. But analysis can help traders buy at prices that tend to be more profitable where low prices are the main target for starting entry. However, analysis is not as easy as we speak, it is much more difficult for beginners or still difficult for anyone who does not want to learn even if they have been involved in this space for many years.
Quote
No matter how simple trading is, it is not as good as long-term investing. Bitcoin is one of the most profitable assets in the long term, and anyone can do it.
Bitcoin long term is also beyond doubt, highly recommended.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.
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.
When one depends on luck been on their side then they're gambling and not trading, with trading anyone engaging in it should be assured of having a successful trade based on how they have predicted the market by studying the charts. With the charts they should be able to decode if the market is going bullish or heading for a downfall which is bearish and be able to set their entering order.
I don't believe trading is wealth as statistically the data doesn't support that claim. We have a higher rate of losers than winners when it comes to trading as a majority of the trader are at lost so trading mightn't be creating wealth as people think instead investing is the way to go if you're truely interested in making generational wealth.
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.
But they also need to learn more about both, be it trading or investing, to know the differences. Maybe we can provide a list or source that is their reading material to increase their knowledge. But to develop, they need to train on their own because the experience will help them develop better. Trading or investing cannot make them instant riches because there is nothing that can give them instant riches. We must try to do many things first, then we can get money and only then can we become rich. But trading and investing can indeed make them rich one day but of course, with the conditions that apply.
Oh yes, some time ago I was also met by a friend who knew that I was trading and investing, and how surprised I was when he wanted to give me money as capital, and he easily said to divide the profits in 2.
I suggest not accepting his offer because we have to be responsible for the money and it also does not guarantee we can profit in trading.
But they also need to learn more about both, be it trading or investing, to know the differences. Maybe we can provide a list or source that is their reading material to increase their knowledge. But to develop, they need to train on their own because the experience will help them develop better. Trading or investing cannot make them instant riches because there is nothing that can give them instant riches. We must try to do many things first, then we can get money and only then can we become rich. But trading and investing can indeed make them rich one day but of course, with the conditions that apply.
If applied correctly, this can bring some profit, but it will take a lot of time and experience to talk about wealth. In addition, even with good knowledge without the presence of start-up capital, it will also be very difficult to achieve wealth.In addition, if you learn trading from scratch, it will take several years to understand in practice how the market works and start making some kind of profit. Trading is hard work, and although investing is not much easier, I still believe that a beginner has a better chance if he invests in bitcoin for the long term.
And it is only a matter of time for you until you can become a pro at trading. But if you just want to invest, that's also okay because it might be a good choice for you, especially those who don't have much time to analyze market conditions. A beginner willing to learn more will become a pro in time.
Trading is simple, but not as simple as one might think. I am very clear about this assumption because basically anyone can buy anything and at any price, it is free for everyone. But analysis can help traders buy at prices that tend to be more profitable where low prices are the main target for starting entry. However, analysis is not as easy as we speak, it is much more difficult for beginners or still difficult for anyone who does not want to learn even if they have been involved in this space for many years.
Quote
No matter how simple trading is, it is not as good as long-term investing. Bitcoin is one of the most profitable assets in the long term, and anyone can do it.
Bitcoin long term is also beyond doubt, highly recommended. But they also need to learn more about both, be it trading or investing, to know the differences. Maybe we can provide a list or source that is their reading material to increase their knowledge. But to develop, they need to train on their own because the experience will help them develop better. Trading or investing cannot make them instant riches because there is nothing that can give them instant riches. We must try to do many things first, then we can get money and only then can we become rich. But trading and investing can indeed make them rich one day but of course, with the conditions that apply.
If applied correctly, this can bring some profit, but it will take a lot of time and experience to talk about wealth. In addition, even with good knowledge without the presence of start-up capital, it will also be very difficult to achieve wealth.In addition, if you learn trading from scratch, it will take several years to understand in practice how the market works and start making some kind of profit. Trading is hard work, and although investing is not much easier, I still believe that a beginner has a better chance if he invests in bitcoin for the long term.
Trading couldn't become our wealth not unless we invest time and seriousness in adopting knowledge about it. It requires perseverance to learn and understand everything including the basic fundamentals up to the most complex strategies. We can make profit from it but it s not as easy as what others think. It could still be filled with challenges since the prices of cryptocurrency are volatile. It's how we understand and deal with the challenges of the market that could bring wealth.
But they also need to learn more about both, be it trading or investing, to know the differences. Maybe we can provide a list or source that is their reading material to increase their knowledge. But to develop, they need to train on their own because the experience will help them develop better. Trading or investing cannot make them instant riches because there is nothing that can give them instant riches. We must try to do many things first, then we can get money and only then can we become rich. But trading and investing can indeed make them rich one day but of course, with the conditions that apply.
If applied correctly, this can bring some profit, but it will take a lot of time and experience to talk about wealth. In addition, even with good knowledge without the presence of start-up capital, it will also be very difficult to achieve wealth.In addition, if you learn trading from scratch, it will take several years to understand in practice how the market works and start making some kind of profit. Trading is hard work, and although investing is not much easier, I still believe that a beginner has a better chance if he invests in bitcoin for the long term.
But they also need to learn more about both, be it trading or investing, to know the differences. Maybe we can provide a list or source that is their reading material to increase their knowledge. But to develop, they need to train on their own because the experience will help them develop better. Trading or investing cannot make them instant riches because there is nothing that can give them instant riches. We must try to do many things first, then we can get money and only then can we become rich. But trading and investing can indeed make them rich one day but of course, with the conditions that apply.
Oh yes, some time ago I was also met by a friend who knew that I was trading and investing, and how surprised I was when he wanted to give me money as capital, and he easily said to divide the profits in 2.
Crypto investing on the other hand is much easier to do than in trading but indeed it doesn't make us rich overnight. This is the only downside of investing as it requires enough patience.
that is the main thought that should be given to every beginner. that trading and investing in crypto will not make us rich overnight. many beginners are guilty of understanding this. because of the hype that happened and was reported in the media in a very extraordinary way. many newbies are interested in doubling their money in crypto trading.
hard to explain to those with such ambition. if anyone thinks like that and asks me for help or opinion, I probably won't take it seriously.
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 .
(...)
Just always take note that when you do trading, your capital to use is afford you lose, you don't trade capital that is from someone or you just borrowed or loan with interest because trading is the most risky job in the world, it involves money and once you lose it, difficult to get it back anymore.(...)
Risk management is a must, don't be greedy.
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..
Seriously?This is too much to say about the most wealthy individuals in the crypto world is because of trading. Well, never say this to any newbies because this will give them high expectations. Whereas the fact is not really soft like that. Many people are being poor also because of trading. Why can? because trading is also very high risk. We can say that we can earn so much money easily by trading cryptocurrency, but on the other hand, we also can say that many people have lost their money and wealth because of trading in cryptocurrency. This means that everything has the risk to lose money.
in order word, I stand by advising everyone to engage in business with cryptocurrency.
I will not say this to newbies, I will say to them that they need to learn about cryptocurrency and decide if they are going to trade or not. Never promise anyone with very great pleasure of trading results because not everyone will be successful in trading. 
Why are you saying there's an asset called "bitcoin core" and when did you last trade gold at a market?
Was there a reason for your topic as I'm still confused of its purpose although crypto has been the best performing asset of the last decade (particularly bitcoin and ethereum).
I thought I was the only one reading the gibberish the OP narrated here, the thread might not be necessary truly. But on second thought, I think he/she does not know how to differentiate some terms thereby looping them together. There are places where investments and trading were supposed to have been strictly used, but marketing and confusing explanations were also seen.Was there a reason for your topic as I'm still confused of its purpose although crypto has been the best performing asset of the last decade (particularly bitcoin and ethereum).
The concept of cryptocurrency trading is simple. In trading, you buy cryptocurrency at a low price and sell it at a higher price. However, although this concept is simple, achieving consistency in trading can be very difficult. There are many factors that affect the price of a cryptocurrency, and it is important for traders to understand the market and make good analyses before making trading decisions.
In addition, emotional control is also very important in cryptocurrency trading. Many traders are tempted to make uncontrolled trading decisions based on their emotions, such as greed or fear. This can result in major losses and it is important for traders to be able to control their emotions and remain focused on their pre-determined trading strategy. Therefore, although cryptocurrency trading can be a source of wealth, it is important for traders to understand the market and make good analyses, as well as control their emotions to ensure consistency in trading.
Trading is simple, but not as simple as one might think. I am very clear about this assumption because basically anyone can buy anything and at any price, it is free for everyone. But analysis can help traders buy at prices that tend to be more profitable where low prices are the main target for starting entry. However, analysis is not as easy as we speak, it is much more difficult for beginners or still difficult for anyone who does not want to learn even if they have been involved in this space for many years.In addition, emotional control is also very important in cryptocurrency trading. Many traders are tempted to make uncontrolled trading decisions based on their emotions, such as greed or fear. This can result in major losses and it is important for traders to be able to control their emotions and remain focused on their pre-determined trading strategy. Therefore, although cryptocurrency trading can be a source of wealth, it is important for traders to understand the market and make good analyses, as well as control their emotions to ensure consistency in trading.
No matter how simple trading is, it is not as good as long-term investing. Bitcoin is one of the most profitable assets in the long term, and anyone can do it.
Crypto investing on the other hand is much easier to do than in trading but indeed it doesn't make us rich overnight. This is the only downside of investing as it requires enough patience.
that is the main thought that should be given to every beginner. that trading and investing in crypto will not make us rich overnight. many beginners are guilty of understanding this. because of the hype that happened and was reported in the media in a very extraordinary way. many newbies are interested in doubling their money in crypto trading.
hard to explain to those with such ambition. if anyone thinks like that and asks me for help or opinion, I probably won't take it seriously.
Health is wealth too which I heard atleast million times but where I can trade it?
The point is whoever wants to trade crypto trading is engaging in it and same goes with everyone on other trading for example stocks and gold which is rarely traded as physical either digital bonds backed by gold can be traded.
Concept of trading is simple but everyone can achieve their goals and keep doing it consistently, no!
The point is whoever wants to trade crypto trading is engaging in it and same goes with everyone on other trading for example stocks and gold which is rarely traded as physical either digital bonds backed by gold can be traded.
Concept of trading is simple but everyone can achieve their goals and keep doing it consistently, no!
The concept of cryptocurrency trading is simple. In trading, you buy cryptocurrency at a low price and sell it at a higher price. However, although this concept is simple, achieving consistency in trading can be very difficult. There are many factors that affect the price of a cryptocurrency, and it is important for traders to understand the market and make good analyses before making trading decisions.
In addition, emotional control is also very important in cryptocurrency trading. Many traders are tempted to make uncontrolled trading decisions based on their emotions, such as greed or fear. This can result in major losses and it is important for traders to be able to control their emotions and remain focused on their pre-determined trading strategy. Therefore, although cryptocurrency trading can be a source of wealth, it is important for traders to understand the market and make good analyses, as well as control their emotions to ensure consistency in trading.
Health is wealth too which I heard atleast million times but where I can trade it?
The point is whoever wants to trade crypto trading is engaging in it and same goes with everyone on other trading for example stocks and gold which is rarely traded as physical either digital bonds backed by gold can be traded.
Concept of trading is simple but everyone can achieve their goals and keep doing it consistently, no!
The point is whoever wants to trade crypto trading is engaging in it and same goes with everyone on other trading for example stocks and gold which is rarely traded as physical either digital bonds backed by gold can be traded.
Concept of trading is simple but everyone can achieve their goals and keep doing it consistently, no!
Sometimes it baffles me seeing that newbies today always come online to say whatever they feels is right for them without even thinking, reading and researching before giving what information they think is right.
Trading can never gives you what you desire, rather it requires a lot of technicalities to deal with trading. Btw, do not invest in cryptocurrency thinking is a wealth creation or sure link to became wealthy over night. Investing in cryptocurrency is the most difficult task you are taking in your life, why because if you invest with your life savings thinking or having a mentality of becoming Rich overnight, then i must tell you that is the beginning of your failure. You can only decides to invest in bitcoin as it is more safer to invest rather than altcoin, but note something very important that when you invest there is no assurance or guaranteed that you must get 100 percent profits as the case maybe and is not stable.
This is what happens when people develop in an environment in which the same beliefs are promoted and they never have to face opposite world views.Trading can never gives you what you desire, rather it requires a lot of technicalities to deal with trading. Btw, do not invest in cryptocurrency thinking is a wealth creation or sure link to became wealthy over night. Investing in cryptocurrency is the most difficult task you are taking in your life, why because if you invest with your life savings thinking or having a mentality of becoming Rich overnight, then i must tell you that is the beginning of your failure. You can only decides to invest in bitcoin as it is more safer to invest rather than altcoin, but note something very important that when you invest there is no assurance or guaranteed that you must get 100 percent profits as the case maybe and is not stable.
And social media is full of this, so newbies come here thinking they know everything there is to know about the market as other newbies like them have been reinforcing their beliefs for months, if the OP took the time to actually put their theory to test they will see this is not the case, and at that point they will have two options, to accept they were wrong and change their beliefs or keep them and assume the market is wrong, and you will be surprised to see the number of newbies which pick the latter.
Crypto investing on the other hand is much easier to do than in trading but indeed it doesn't make us rich overnight. This is the only downside of investing as it requires enough patience.
that is the main thought that should be given to every beginner. that trading and investing in crypto will not make us rich overnight. many beginners are guilty of understanding this. because of the hype that happened and was reported in the media in a very extraordinary way. many newbies are interested in doubling their money in crypto trading.
hard to explain to those with such ambition. if anyone thinks like that and asks me for help or opinion, I probably won't take it seriously.
Everyone in present time wants to trade or invest money in cryptocurrency. It has become the way of earning and making money but it can also become a cause of someone's loss because market is unpredictable so invest if you learn the whole things about it.
As you mentioned Ethereum and bitcoin so I want to say that yes these are very trustable and stable coins all of those who invest a part of money into these coins have much more revenue as compared to the other coins.
As you mentioned Ethereum and bitcoin so I want to say that yes these are very trustable and stable coins all of those who invest a part of money into these coins have much more revenue as compared to the other coins.
Jump to: