Topic: Trading is hard!!! - page 5. (Read 1405 times)

Lolz!! People are eager to get rich and they don't want to hear anything that will stop them and all they want is to get money so they look for the fastest ways to get money so most of them join trading and thinking that they can makw in trading faster than investment. And I thank God that trading has shown them the disappointing ways. Though trading use to give instant money if you know how to trade.

But you have to be careful when trading. Yes as you said op, trading is not a Ponzi scheme in which one can come in and starts to make money and become rich overnight. Even ponzi schemes don't get you rice overnight.

Anything involving money is difficult, but right now I see schools opening to teach young people how to trade, so I think applying for these kinds of short courses won't be bad at all. You will learn a lot from these kinds of schools, and I like that they are making every effort to help their other young men start their own businesses and feel more empowered. People are making cool money from trading all you just need to know is to know how to trade. And schools were you learn trading will teach you a lot 9f things even the risk management its a full package when you see things like that its good to enroll. And then they will tell you guys how important having knowledge is and so many other things.

Trading isn't actually as easy or simple as it seems because in order to trade successfully, one must have experience, knowledge, risk management and basic analysis skills. In particular, even missing one of these can cause a person to fail in trading. That's why many new traders lose money by getting unsuccessful results when they start this adventure.

Also, thinking that you will get rich quickly by trading is a mistake made by many new traders because the greed to make money in trading is also something that causes you to lose money. A common feature of many traders especially those who have just started and lost a large amount of money is to dream of becoming rich by buying and selling in a short time.

On the other hand, being a trader is actually a profession because in order to trade it is a very important detail to follow the financial markets uninterruptedly and to carry out buy-sell transactions instantly depending on the news when necessary. So, trading doesn't actually mean creating passive income.

Trading hard oo I the mean that trading is extremely simple, I believe that everyone would be wealthy by now. However, since some people are aware of how difficult trading can be, not everyone wishes to trade; instead, they would like to purchase Bitcoin and hang onto it. Without prior experience in trading, an individual may find it difficult to navigate the market. For this reason it's beneficial for someone to understand the idea of trading before they begin in order to avoid difficulties.

Ponzi and crypto trading are two different things, not one in the same. Ponzi is an ancient scheme that is used to raise money through a company and spin it, it doesn't make sense with the goods received. the founder can just walk away. Technological sophistication brings new trends including cryptocurrencies, as far as I know the founders of the ponzi web they built themselves offering investments with unreasonable returns, if you are tempted you enter the ponzi circle, not cryptocurrency trading.

Crypto curency trading has full rights in your hands and even only you hold the seed key. Also you can save anywhere including the ponzi web, it's your own decision because of the big marketing bonus. I don't understand when there are people who are exposed and enter the ponzi valley and experience scams but instead crypto curency is the outlet. Sometimes price fluctuations are attributed to those with large capital controlling prices but I don't think it makes sense if it is considered a ponzi, because price fluctuations are the law of supply and demand. If you buy crypto, it is better to buy it yourselfido exchange and store it in the wallet if needed. If you can profit or lose by yourself with your own decision (minimized). Instead of entrusting on the ponzi web, everything is arranged by the web owner, including scams, you can't get back a penny.

Only few of you can understand trading because most of the people considered it as a gambling. They don't understand the elementary abstraction of trading but start to trade different coins without check out about its future, its road map and its team. People are accepting trading because of the wealth and they heard from expert that trading is just for money making but they have heard less information as experts also says that those will be successful in trading who are educated about trading. Learn well about trading as trading is not a game of children but it requires mind of an expert and well educated person.

People are buying and selling coins and they think that it is very easy task but they forget about the reality that no other business contains such greater risk as that of trading. People wants to trade and they have no experience and then they choose a scame project as a result of which they loss money and then they start blamming trading but they are unable to blame themselves as they choose wrong coin.

everything is just a dream. I think there are people who are rich from trading but they don't sell their dreams. Logically, if they are rich from trading, they don't have to invite other people to get rich unless they sell paid classes. like one of the people who said the school was a scam but instead he opened a paid trading class which was almost $700 for one member. This is kind of unfair in my opinion. Trading is indeed difficult but it doesn't have to be difficult with a mentor like this.

It's unfortunate that the mindset of  many newbies in trading is only to earn big within the shortest period of time having been carried away by massive profits earned by some experience traders after ignoring the fact that it took those traders many years to achieve that feat even though they still incur some losses yet they are profitable in the long run, personally I am yet to be consistent in trading after some years of learning and trading live account yet I have been having mix results like profits and losses I am still progressing hopefully very soon I would become consistent in profit earning because I knew that it would takes a lot of efforts and years of consistent learning and studying candlestick patterns on the chart and many more Technical Analysis would enable me to have an edge.

Its not bad on getting or having a mentor if you are really that struggling on something or would really be liking on having that fast paced learning but its not really that necessary as if you could be able to learn on your own on how to handle up yourself with this unpredictable space.Trading is never been simple but everyone is really that trying out to get that kind of skills on which we know that we could really be able to se sustain ourselves
in speaking about financial aspect. We cant really be able to deny that we can really make our lives better on this case on which we would really be able to have that kind of chance for us to make
ourselves better and this is what most people is really that targetting on.

It would really be that involving tons of times,effort and hard work on which you would really be needing for you to be able to have a good grasps into this space. You cant really just that make yourself
that being too confident that you could be able to acquire these skills on short time on which there are people who do really believe that they could be able to do so but without even trying out to realize
that it was never been that too easy or they would really be able to know those things along the way that it was never been that simple in the first place but doesnt mean that it is impossible.

There will always be those who will get the best results in trading and those who will only have losses, this is hard work that takes a long time to learn.

I have determined for myself that you can make money from trading, but for this you need to choose the right periods, if we are in a growing, bullish market, then most likely it makes sense to just buy and wait, hold will bring better results. And in a falling market and during flat periods, trading can bring profit, and it is during such periods that it is worth trading. This is what I have come, and what seems reasonable to me.

Nice words. It looks like you're a Legendary member 

Trading is an income-generating activity through market analysis skills. Many factors must be analyzed.
The graph looking up doesn't mean the price will continue to rise and doesn't mean it has to go down.
A trader must know the factors driving prices, market behavior habits, and the correct timing calculations.
If trading activities are carried out correctly, it will become a business, not a game, and not gambling.
So Trading is not for everyone. Just for Pro

Yes trading is hard but once you learn to win bets you will never look back.  However, trading theory is very difficult and time consuming.  It is not right to invest a large amount of money in it without understanding it well.  To learn trading I will tell you to follow good traders who are in the forum.  And can't be broken by losing.  Keeping morale strong is also one of the rules of trading.  Hard work in any work will bring you great prosperity.

Just HODL its the only way to go, and buy the narative.

Completely agree. experienced traders can help you navigate the market and avoid so many pitfalls. I always recommend that people get mentors, Or someone to guide you on what trades to execute.

Only a few people understood the concept of trading which is why only a few traders then succeeded.
Saying it was hard and risky is undeniable because that is the truth but why do some people push themselves to do it despite those things is because they saw the opportunity there and they understand that there is no easy job in the world, everything has risk and needs hard work. Therefore, if someone promised and said that they could make money easily, then it was a big scam - that is a Ponzi Scheme and it was not trading.

I think trading is not as easy as imagined when speculating on buying at a low price and selling again at a high price looking how many people mindset with trading is easy way to earn much money and profitable. There are most difference between trading and ponzi have guarantee with how much percentage earning every day although at the end will be collapse. Some one or beginner have miss understanding with bitcoin as ponzi when get loss in trading, but if have experienced they will understand not easily with profitable from trading how many people show their profitable every day.

Beginner better can't high speculated with trading profitable exactly many of them said easily to earn profit with trading and $100 capital will be more $10,000 in short time. Its wrong mindset and beginner need get knowledge first before start trading in cryptocurrency and learn side of risk with bitcoin or altcoin investment.

That's how it should be, but nowadays we can see that there are many beginners who trade because they see success stories or other people's posts on social media related to trading. it sparked an attraction in beginners to try to make money from trading.
the mistake is that they trade without knowledge and skills. they watch videos for trading and try to practice it. after failing, they just look for someone to tell them.
every beginner has their own path to gaining experience and knowledge in trading. it would be better to get a mentor first when we are just starting out. and after that it's up to us to develop our trading skills.

Nothing is as easy as it sounds. Even the most common thing undergoes a learning process of how it is done not to mention trading which requires someone's knowledge and skills before fully involved in it.
It would be weird for anyone who doesn't know much about trading would view it as a Ponzi scheme no matter how he or she perceives it ''to trade for some time and earn money". That doesn't make anyone calling trading a Ponzi scheme. What I normally hear from people is how risky trading can be and it is not something someone can enter without having the knowledge and skills.

It's a bad thing to have to wait for signals from other people to trade. it is not recommended. Instead of just depending on other people, it's better to start learning trading and that will also give you more experience. Regarding greed, it is a human trait that cannot be avoided, but the challenge is how to control this greed. If the target has been reached then sell and then buy again at the lower price. Greedy people will continue to feel inadequate even though the main target is achieved and will ultimately panic and incur losses.

If a person comes to the trading field and thinks that trading is a quick rich scheme then he is wrong. Trading is not easy but the younger ones who just came in the trading and gained a little profit think that it's so easy they were lucky at that time and gained a little profit but when they came to the daily trading they faced many challenges because of the market volatility and they did not know about it and faces a lost. Trading is very risky, it requires a piece of good knowledge and a maximum of one year experience, it does not mean you can lose your funds for this whole year, you will gain some profits at some time but the most important thing is that to know about the market trends the candle sticks and the time when to enter and when to leave and all this take a good time may be one year or two years.