Topic: Trading is hard!!! - page 4. (Read 1405 times)

Trading is a hard no doubt about that. It is also not for everyone. As OP has mentioned, those who can stick to it till the end wins the prize. Those who say that it's a Ponzi scam, are the ones who lack in knowledge. Lack of knowledge is the only thing that keeps them from believing what trading actually is.
Maybe it's a get rich quick process but you need to acquire that kind of skill to make it happen. If you're lacking experience or skills, you will just fall out of it. And it is a common thing to lose in trading. You lose, someone else make profit out of it. Someone else lose, you make profit out of it. That's how it works. If people don't understand it, they can't value what trading is.

Or trading for that matter. People will generally condemn before investigate on what they can't understand. And to that regard we have people who, as you've said, hate on trading and cryptocurrency, saying that it's nothing but a get-rich-quick scheme.

To tell you the truth in all your lifetimes the average trader will only ever have a breakeven score if we tally up all his trading positions. That isn't to say that you're going to be the same way but that just means you can't be calling anything a ponzi scheme if in general you just earn what you lost over time. Not to mention the fact that it takes months and sometimes even years of knowledge gathering and education for you to become an effective trader. That alone disrupts the notion that trading is a get-rich quick scheme.

I feel like the only people who would spread shit like these are those who tried to trade on crypto, lost their first trade, and stayed bitter about it up till now. They thought that bitcoin/crypto trading would give them the big break they need cause they heard and saw the news of bitcoin reaching insurmountable heights, and when they tried to take a piece of the pie their hands got slapped by reality. Truly pathetic people.

I agree with you trading requires lots of patience for someone to make profit from it. Also the right knowledge and principles must be followed. I would say that someone who is not patient enough should not be venture into trading.

Personally I considered those YouTubers  trading videos as an avenue to make money from number of views the higher the number of view the  higher money they earned I see no reason why would newbies after watching those videos just fell to trick of getting rich quickly through trading Bitcoin without any prior knowledge of trading,  they think trading is all about when price is below a Moving Average MA or EMA sell when price is above buy untill they got funded a start real Live trading before reality set in that is when they knew that trading is hard after incurring streak of losses and consequently got liquidated, infact some of them started trading with high leverage.

Making money by trading is not an easy thing because trading requires many strategies or skills that not everyone can acquire. Trading kipto currency is a matter of patience for those who can apply this strategy or skill. The key to trading is when you invest. Another thing is that after investing, you can't do anything in haste, you have to sit patiently and trade at the right time.

After watching such videos of various YouTubers, many people get inspired and decide to start tedding. YouTubers have plenty of reasons to be motivated by watching videos. YouTubers videos show that they have taken many futures trading and they have made hundreds of times profit in all futures trading. When they publish their video's thumbnail many new members are inspired by watching all the videos and they think it's very easy and they will be 100% successful if they buy any coins with money or follow youtubers videos. People who think trading is so easy, when they actually trade, they realize that trading is not as easy as they thought. I find YouTubers videos funny because many times they use other people's screenshots just to get views and basically they have very little idea about tedding.

This is not trading mate, this can be termed as investing. Here you just buy the assets and hold it for long time as long as you can. At some point you sell these assets and then you calculate the profit. On the other hand trading is something, where you trade the assets or coins according to the market needs in order to yield maximum profit from it. I know trading is hard, it’s like other tasks which has high risk and high returns. So how we can make trading easier? By gaining more knowledge and experience.

Yes, it seems like it is quite easy to make money with many methods we have heard or seen but when we take an action we learn that every mistake results in an experience and that it is very difficult to make money in today's conditions. Especially since the experiences I mentioned are gained by losing money, unfortunately, we often gain experience by encountering painful consequences. In today's conditions, the fact that many people who don't have a good salary and don't earn any additional income have difficulty just meeting their bills and other expenses can be enough to understand how difficult it is to earn money.

The fact that every experience in the financial markets is painful actually proves that making money by trading isn't as easy as it seems and money isn't easily obtained. Unfortunately, every individual learns this not only with knowledge but also with bitter experience by losing money when they try to trade. In order to make money in a controlled manner especially in financial markets, every individual must encounter many failures and learn from all kinds of experiences. Unfortunately, gaining knowledge simply by reading other people's comments or experiences isn't enough to become a successful trader.

Unfortunately, it isn't an easy thing to have a successful additional income method or to do as a full-time job and to continue one's life by earning money in this way. While having a lot of experience and knowledge is the most important point here, unfortunately, it isn't possible to earn money by trading immediately or continue this full-time as this process takes a lot of time.

Do we need to wait for people to tell us that trading is very difficult? No really because I know that even the newbies that like venturing into different aspects of cryptocurrency might have tried to trade and make profits by themselves without even looking for people that knows more about trading to teach me. This is one of the things people do and sometimes looking at there questions and comments would illustrate that they have venture into cryptocurrency trading before and might have accumulated loses.

Someone who does not understand something will be easily influenced by anyone, especially if it is lured with a big profit. Everyone knows that it is very difficult to earn money now and when those who are struggling find something that is considered easy to earn money, they will immediately be tempted and influenced. YouTubers or content creators take advantage of that gap to start influencing many people and it's only natural that many people who don't know anything about reserves lose a lot of money.
The mindset of becoming a millionaire in a short time is still a mindset that is widely developed among the public, that should be changed first. Because if we blame someone or a youtuber it is also not right, because their goal is clearly to seek profit for themselves, so they will not care about others.

Trading is not for weak or faint hearted individuals. It takes a lot of courage and hardwork to succeed while trading cryptocurrency. Like any other skill that takes time to be professional in it depending on the time you spent in learning them, that’s how it is for cryptocurrency also. For those that hit the jackpot at the first trial, it can be base on luck and luck varies for everyone and might never find you until you put in some effort to want to achieve it. Trading is hard, every other thing you need to do legally with hardwork putting into it to make it big in life is hard.

Trading is really difficult because the price of crypto is always going up and down which is why it is very difficult to predict when the price of a coin will increase because it is not always possible for everyone to make the right guess. Due to this it is very difficult to make regular pocket from trading. Very few traders are able to consistently profit. And they can gain a lot from trading. And it takes years for them to reach that stage, no one can learn trading overnight.

The job of a YouTuber is to earn his money, so he also makes videos and promotes various projects. So if you look at different YouTubers, none of them will tell you about a project, but they all tell about the project for their own interests. So it's not their fault, because they are doing their job, it's our fault that we believe what they say and enter any project without thinking, and researching.

In my opinion Bitcoin is the most reliable of all cryptocurrencies, and cannot be called the high risk asset. Any cryptocurrency other than Bitcoin can be considered high risk but still there are good and solid projects to trade in. Trading is definitely difficult but it can be made easy if we have interest in learning and experience. Losses are everywhere, where you can make profit you can also make loss, but your best strategy, and better choice will improve your profit rate.

Spending money is really that easy peasy but on the time you would tending to earn it then it would really be that pain in the ass on which you would really be needing tons of ways or methods on how you would really be that increasing your income on which in todays years or era where economic issues and conditions are shit on which making or earning money would really be that so hard, unless if you are having that high position or ranking then it might be considerable but if not on which you are living on an average pay kind of life then even paying up your monthly bills would really be that hard. This is why some people would really be finding trading to be some sort of their option. Im not saying that it is impossible but it would really be a very challenging thing if we do speak about being consistent.

There's no way that we wont really be able to experience the bitter sweet condition on which it is really just that right that you would really be needing to adjust if you do really want
to sustain yourself. It would really be involved by tons of trials and errors before you would really be able to make yourself be able to handle into this market.
It is really just that an option to take by someone whether they would be making this as a side job or would be going full time.

Bloggers have their own goals, they either end up selling their trading strategies to these newbies, or they try to make money from advertising and create content for good views, and for this they need to create the impression of a successful trader. A beginners will understand how difficult it is as soon as they starts trading, of course they will have losses. The desire for quick money will always expose beginners to all sorts of dangers, it has always been so.

It's funny how YouTubers successfully influenced newbies that trading bitcoin is a get rich quick. Not realizing the fact that trading alone is hard, and it will be much harder when we say what you are going to trade is bitcoin which is certainly a high-risk asset. And the reason why such traders quickly enter the market to trade because of their hunger for profits, even though they are still in the process of learning bitcoin trading.

However, trading is hard and will always be. But once you get used to trade and you already accept the reality that there are inevitable losses in trading, then maybe you will easily understand how to trade Bitcoin successfully.

Yes, especially in today's conditions making money in any way has become very difficult but losing it has become just as easy. Giving lessons about economics and investment to the younger generation in many schools will definitely help the next generation to make fewer mistakes when investing and will also be beneficial for making less erroneous investments. Especially in order to make money by investing, knowledge is at least as important as experience and we will see that many successful investors will grow up after learning this knowledge at a young age and gaining experience. Thanks to this education system, the new generation will learn not only to invest but also to establish and produce successful businesses.

Certainly, learning how young children can invest correctly, manage risks, produce and establish successful businesses will be beneficial for the country's economy and will help raise more successful individuals. In addition, it will be a great advantage for future generations to gain financial freedom earlier and be self-sufficient.

Not because of the risks either, but they say trading is difficult because they don't want to learn more deeply about correct and good trading lessons, they just want instant and don't want to start the process. Complaining about difficult trading is just empty talk that won't solve the problem. It's useless if you have a lot of money and trade if you can't master the knowledge of trading, it will only result in more losses.

Yes, most people don’t want to hear any rational arguments about something they heva already made up their mind about. Of they believe that trading is what will make them rich very fast, than almost nothing can convince them of something opposite. People eager to believe in something easy and plain and understandable. They don’t want to deal with difficulties.

Trading is difficult if you are new to it, because he will take you a long time before you understand everything on it and start generating profit and becoming rich, trading is very good and I like it because you can get money fast if the market goes well, many people cash out money on trading every day but if you are new you will face challenges before you can start benefits on it, he just that you need to be calm simply because anything you do in this life you just need to be patients and you will achieve your goal, If you can't risk money, don't try to enter into trading since you will most likely lose money if you need money in investing or trading, trading is only to focus on it and gain a better understanding of it, and I am confident you will get what you are after one day.

I believe that many people say trading is difficult because of the risk involved. If you complain that trading is difficult, you will never succeed, because many people who are wealthy in trading now would not be wealthy if they had complained like you, Just focus and you will achieve what others have.