Topic: Trading not a get rich quick - page 5. (Read 1425 times)
Yes you told absolutely right. Trading not a get rich quick. If anyone want to get rich quickly by trading i think it will be great mistake for him. Trade has two side one is profit and another is loss. You have to ready for both. You have to wait for Better moments. When you get proper time you have to trade. Then you will get the chance to be a rich man. Otherwise you will be losser. So i will tell you to avoid to thinking for rich by trading within short time.
I have met such financial directors who believed that the free cash of the company should not be kept in a deposit account, but should be used for high-risk investments (for playing on the Forex market, for buying "junk" bonds, for buying cryptocurrencies).
At the same time, such financial directors sincerely believed that they were doing a great service to the head of their company.
However, this is a big mistake. The goal of any company is to make a profit from entrepreneurial activities. Even at the stage of creating and registering an organization, the owner of the company chooses the types of entrepreneurial activities that he wants to engage in.
Ordinary organizations are not created to make investments.
The employees of such organizations do not have the necessary experience to carry out such activities. Such activities should be carried out by specialized investment funds.
I think that is the risk they are taking with their life as much as with others money as well. Because when they do something this silly, as we can see from the example they could get jailed as well. The best thing to do with money is to buy bitcoin at this moment but if it is someone else's money I would not be able to put it in anything, maybe like bank interest or just treasury bonds as well. Sure you are going to be beaten by the inflation but at least you are not going to lose anyone's money, that would be a lot worse.At the same time, such financial directors sincerely believed that they were doing a great service to the head of their company.
However, this is a big mistake. The goal of any company is to make a profit from entrepreneurial activities. Even at the stage of creating and registering an organization, the owner of the company chooses the types of entrepreneurial activities that he wants to engage in.
Ordinary organizations are not created to make investments.
The employees of such organizations do not have the necessary experience to carry out such activities. Such activities should be carried out by specialized investment funds.
What if I risk it and get something even small risk, like buying gold, and then it ends up going down? Or like some huge amount of gold is figured out? I do not want to be part of that and I rather just focus on what I can trust, something guaranteed.
This is another sadden story again about someone that just supposed not to trade crypto and meme stocks. Trading and investment is not a get rich quick. Meme stocks trading is like gambling. Coins like bitcoin may be promising, but what if you invested at $50000, bitcoin price now at $30000. Bitcoin will get to all-time-high but not good to use the money that is not yours.
As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison.
Read further about it: Ex-CFO who stole $5M to trade crypto and ‘meme stocks’ gets 3 years in prison
Trading is a risky business it must be pursued by all. Those who find trading platforms easy I would say have not yet received a good education about trading. Greed and passion are the best among the few principles of trading platforms. Those who came here for more greed are destroyed from here. Especially the person you quoted here was trading Meme Coin with a 5 million dollar loan. Later he must have lost from meme coin. The person you quoted made a mistake in the first place because he started trading with a loan on a trading platform and secondly started trading in meme coins. So because of his mistake he is now damaged and jailed. Everyone should learn from this so that no one gets into such trouble.As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison.
Quote from: https://cointelegraph.com/news/ex-cfo-that-stole-5m-to-trade-crypto-and-meme-stocks-gets-3-years-prison
The former chief financial officer of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million, which he used to trade cryptocurrencies and “meme stocks.“
Read further about it: Ex-CFO who stole $5M to trade crypto and ‘meme stocks’ gets 3 years in prison
would be slapping into your face then this is where you would say that it isnt really easy it sounds or looks on the time that you do able to have that actual dealing and experience to it. It is really just normal that noobs would really be having this kind of initial impression when they do see about trading because they do usually be seeing into social media about some users or traders who do post up their profitable
trades and on the time that they do able to see it, then this is where they would be having on their mind that its really just that easy.
Mistakes or errors are really that common specially when you are completely newbie into this field. You cant really just that make yourself deal up without having that proper preparation because this isnt how this
market acts or behaves. You would be needing to put up sufficient time and effort for you to make out some good grasps into trading which it wouldnt really be involving that a short time
but rather a very long one.
Well in this kind of market condition nobody could get rich in a short period of time, because the market is really not the same as what it is back in the year 2017,i remember during year 2017 cryptocurrency that time is very amazing you can earn even by joining a bounty campaign unlike today we cannot earn in a very quick way we really need patience this time to hold for good.
Experienced people always say that trading is not for getting rich quickly that is a true fact. Unfortunately, many beginners fall for online mentoring, or influencers who show off their trading wealth and say trading crypto coins is an easy way to earn money. the fact is beginners are more interested in it until they regret the losses because they think they can get rich soon by being in crypto trading.
It's true that becoming rich through trading requires a lot of time and patience, It's not something that can be achieved quickly or easily. Unfortunately, as you said there are many online guides that make false promises, such as "how to make $100 in trading in xx time" or "how to make a 200% profit in just a few hours." These guides are often scams, and their primary goal is to take your money. It's important to be cautious and skeptical of such claims and to do your own research before investing your money in any trading strategy.I feel like it's okay to seek out guides and information when it comes to trading, but it's important to exercise caution and avoid putting your money into any shady strategies or giving your money to someone who claims they will trade on your behalf and guarantee a return.
If you want to learn the basic of trading just start from the beginning and climb slowly and everyday you'll learn more and more till you'll be an expert and then you'll understand how foolish people who follow influencers online.
Of course it isn't a get rich scheme. Anyone that thinks that they can get rich trading, are in for a huge disappointment. You need to know the market well before you start trading. You need to be patient when trading. You should know about all the risks involved. There are chances you will end up losing everything. But sadly there are people that think trading is a job that everyone can do and get rich overnight. Wouldn't blame them. We should be blaming the media more because on how they focus on stories where people get rich real quick by trading some shitcoins. People don't realize that they got lucky and most of them ended up losing everything.
I agree with you, that one of the reasons why some people think that by trading they will get rich quick is they see people or influencers or the media who show that trading is easy. We can't blame people who think like that because basically they are not educated about trading. For example, what are the risks they will get when trading or other things related to losses. But now the facts that are happening in the field are not the case, they only provide content when they benefit without providing balanced viewing when they experience losses. Those who show when they are profitable because they want to attract newbies, in a sense the profit is only on their side. 
Of course it isn't a get rich scheme. Anyone that thinks that they can get rich trading, are in for a huge disappointment. You need to know the market well before you start trading. You need to be patient when trading. You should know about all the risks involved. There are chances you will end up losing everything. But sadly there are people that think trading is a job that everyone can do and get rich overnight.
Of course, the cryptocurrency market can be a great platform to earn profits.As far as crypto coins are concerned, there are multiple coins in the market that can give you the best return.Investment is easier than trading here you just have to invest in good and top market cryptocurrencies and keep it with you for long time.
Each type of market has its own requirements that you will have to follow.Trading is definitely difficult but not impossible.If you trade in the crypto market after gaining complete knowledge and experience, you will definitely get opportunities to earn good profits.Without experience and knowledge, if you venture into any business, your risk of loss will be high.This cannot be limited to the cryptocurrency market.
Experienced people always say that trading is not for getting rich quickly that is a true fact. Unfortunately, many beginners fall for online mentoring, or influencers who show off their trading wealth and say trading crypto coins is an easy way to earn money. the fact is beginners are more interested in it until they regret the losses because they think they can get rich soon by being in crypto trading.
Many people have gained a lot of money by trading and many people have lost all their money due to wrong decision trading and now they are very depressed. I think trading with your own thoughts by choosing the right time to trade and taking advice from experienced people can lead to many ties. It will be good. Sometimes there is a possibility of loss due to wrong decisions. But if one thinks that they will own a lot of money by trading it will be very foolish. It is very good to earn money slowly by trading and if one wants to become a big man by trading. Then he will lose the money. 
Of course it isn't a get rich scheme. Anyone that thinks that they can get rich trading, are in for a huge disappointment. You need to know the market well before you start trading. You need to be patient when trading. You should know about all the risks involved. There are chances you will end up losing everything. But sadly there are people that think trading is a job that everyone can do and get rich overnight. Wouldn't blame them. We should be blaming the media more because on how they focus on stories where people get rich real quick by trading some shitcoins. People don't realize that they got lucky and most of them ended up losing everything.
This is another sadden story again about someone that just supposed not to trade crypto and meme stocks. Trading and investment is not a get rich quick. Meme stocks trading is like gambling. Coins like bitcoin may be promising, but what if you invested at $50000, bitcoin price now at $30000. Bitcoin will get to all-time-high but not good to use the money that is not yours.
As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison.
Read further about it: Ex-CFO who stole $5M to trade crypto and ‘meme stocks’ gets 3 years in prison
Trading is a risky business it must be pursued by all. Those who find trading platforms easy I would say have not yet received a good education about trading. Greed and passion are the best among the few principles of trading platforms. Those who came here for more greed are destroyed from here. Especially the person you quoted here was trading Meme Coin with a 5 million dollar loan. Later he must have lost from meme coin. The person you quoted made a mistake in the first place because he started trading with a loan on a trading platform and secondly started trading in meme coins. So because of his mistake he is now damaged and jailed. Everyone should learn from this so that no one gets into such trouble. As for trading, not that it is not a get rich quick, but you should use the money that you can afford to lose. The man may wanted to return that money, but crypto and meme stock trading landed him in prison.
Quote from: https://cointelegraph.com/news/ex-cfo-that-stole-5m-to-trade-crypto-and-meme-stocks-gets-3-years-prison
The former chief financial officer of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million, which he used to trade cryptocurrencies and “meme stocks.“
Read further about it: Ex-CFO who stole $5M to trade crypto and ‘meme stocks’ gets 3 years in prison
The bad message of this story to everyone who will read it is that crime actually pays off - because just three years in prison (is it real prison or probation?) sends a message to everyone else with similar intentions. In the worst case, the "criminal" will be released when he has served 2/3 of his sentence, and maybe even before.
Shall we bet that he will repeat the same thing as soon as he gets another chance?
True. Whatever your intention of doing such crime, it will always end up of coming back to you and make you pay for it. Shall we bet that he will repeat the same thing as soon as he gets another chance?
Trading may be one’s way of making one’s person highly profitable but it won’t happen very quick. You should be a good trader first and learn to trade only on the potential coins that are promising and have higher chances to give huge returns. But trading using steal money will never make you profitable. Instead, it will only endanger your life and put you into your worst situation that at some point, you can’t easily get rid of it.
It's really a lesson for many of us to not try to invest if you don't have idea of what you are getting into. Committing a crime just to invest has a punishment and you can't get away with it. So think carefully because it is still worth it to use your own money regardless of the result because you gained experience and additional knowledge through it.
Experienced people always say that trading is not for getting rich quickly that is a true fact. Unfortunately, many beginners fall for online mentoring, or influencers who show off their trading wealth and say trading crypto coins is an easy way to earn money. the fact is beginners are more interested in it until they regret the losses because they think they can get rich soon by being in crypto trading.
Focusing on pro traders and their strategies, will improved our minds and earnings. Experienced traders understand how the market works, but newcomers who are eager to make more money are frequently victims of online scams and ponzi schemes. Trading is not a get rich quick scheme, it's a gradual process and we ought to follow crypto step by step. There are procedures to follow in order to begin earning profits in the space, it do take time but it's very easy once everything within the sector of crypto. Crypto trading is the new advance way to make easy profits.Newcomers should know that trading is not a get-rich-quick scheme and that there are many online scams and Ponzi schemes out there that can take advantage of those who are eager to make quick profits. There are many resources available to help newcomers get started in crypto trading, including online courses, forums, mentorship programs online, or even Youtube videos. By taking advantage of these resources and learning from experienced traders, they can develop their skills and increase their chances of success. In short, there is no shortcut in trading.
easy into this field,without even trying to look nor read up into those peoples realtime experiences and dealings about this market and specially with trading which is something that cant really be that so simple to
be handled out.Trading is indeed not a get rich quick but once noob do see those huge percentage gains on neither on facebook or on social media then those kind of initial thoughts and
belief would really be molded out and this is the time that they would really going into this career and dive in without any proper preparation.
Sooner or later they would be able to realize that this market isnt simple as it behaves because volatility would really be your main encounter on this one on which it wouldnt really be that something predictable.
We are all speculators on here and there's no exemption whether you are a pro or a noob. We wouldnt really be able to know on where prices would be going.
Experienced people always say that trading is not for getting rich quickly that is a true fact. Unfortunately, many beginners fall for online mentoring, or influencers who show off their trading wealth and say trading crypto coins is an easy way to earn money. the fact is beginners are more interested in it until they regret the losses because they think they can get rich soon by being in crypto trading.
Focusing on pro traders and their strategies, will improved our minds and earnings. Experienced traders understand how the market works, but newcomers who are eager to make more money are frequently victims of online scams and ponzi schemes. Trading is not a get rich quick scheme, it's a gradual process and we ought to follow crypto step by step. There are procedures to follow in order to begin earning profits in the space, it do take time but it's very easy once everything within the sector of crypto. Crypto trading is the new advance way to make easy profits.Newcomers should know that trading is not a get-rich-quick scheme and that there are many online scams and Ponzi schemes out there that can take advantage of those who are eager to make quick profits. There are many resources available to help newcomers get started in crypto trading, including online courses, forums, mentorship programs online, or even Youtube videos. By taking advantage of these resources and learning from experienced traders, they can develop their skills and increase their chances of success. In short, there is no shortcut in trading.
The bad message of this story to everyone who will read it is that crime actually pays off - because just three years in prison (is it real prison or probation?) sends a message to everyone else with similar intentions. In the worst case, the "criminal" will be released when he has served 2/3 of his sentence, and maybe even before.
Shall we bet that he will repeat the same thing as soon as he gets another chance?
True. Whatever your intention of doing such crime, it will always end up of coming back to you and make you pay for it. Shall we bet that he will repeat the same thing as soon as he gets another chance?
Trading may be one’s way of making one’s person highly profitable but it won’t happen very quick. You should be a good trader first and learn to trade only on the potential coins that are promising and have higher chances to give huge returns. But trading using steal money will never make you profitable. Instead, it will only endanger your life and put you into your worst situation that at some point, you can’t easily get rid of it.
Experienced people always say that trading is not for getting rich quickly that is a true fact. Unfortunately, many beginners fall for online mentoring, or influencers who show off their trading wealth and say trading crypto coins is an easy way to earn money. the fact is beginners are more interested in it until they regret the losses because they think they can get rich soon by being in crypto trading.
Focusing on pro traders and their strategies, will improved our minds and earnings. Experienced traders understand how the market works, but newcomers who are eager to make more money are frequently victims of online scams and ponzi schemes. Trading is not a get rich quick scheme, it's a gradual process and we ought to follow crypto step by step. There are procedures to follow in order to begin earning profits in the space, it do take time but it's very easy once everything within the sector of crypto. Crypto trading is the new advance way to make easy profits. 
Experienced people always say that trading is not for getting rich quickly that is a true fact. Unfortunately, many beginners fall for online mentoring, or influencers who show off their trading wealth and say trading crypto coins is an easy way to earn money. the fact is beginners are more interested in it until they regret the losses because they think they can get rich soon by being in crypto trading.
For me, trading is a slightly different way of working. It should be understood that this option requires the trader to constantly work on his knowledge. It is through knowledge that a trader can regularly improve the results of his work.
well, basically everyone will have a different strategy in trading, and trading is not an easy thing. Many people feel that trading is an easy kind of job and the kind of job that can easily make people rich, but they are wrong. trading might make people get rich quick, but if done greedily and without a strategy, it can become a tool that makes you quickly run out of money. There are options when trading can bring profit quickly. But the question is different - can such a result be further. I don't think it's very likely at all.
Options when trading can bring profit quickly? I'll like to know that for real. Trading is about quick profit and loses as well but, most times traders lose more often than they profit.I just went through a thread minutes ago and the theme was centered on making $100 daily out of a $4k bitcoin capital in some investment, speculatively.
I think that's very much a get rich quick speculation there. Like, how long did it take to gather up this $4k. If that was quick enough, user might have as well stick to the process but, I supposed it took quite some time and that's why the user hopes to get a quick path out of some other investment but, hoping to get so much is always dangerous.
Users might look towards a slow and steady pace, that goes too.
Trading isnt a rich quick scheme or method on making yourself believe that it would be something that would pull you into your current financial status.
Its an opportunity though for you to make some bucks or profits but of course there would be things needed for you to learn first.
I agree about this one because that's how it is. While some traders with big budgets can generate huge returns, it is very difficult to find them among the other pool of traders. Strategy and budget play a role in the success of a trader but if trading is to get rich quick then I think this plan will be very difficult to achieve.Its an opportunity though for you to make some bucks or profits but of course there would be things needed for you to learn first.
Futures trading may have been widely used by some traders expecting multiple returns so far, but I don't think it's the best option for accelerating wealth. Futures trading is good to consider as long as the trader understands the strategy and is able to analyze price movements, but it's difficult so the risk of loss is much higher than the return.
You might be able to get 1 or 2 good shots or spots but doesnt mean that it would be lasting up on longer runs. You would be starting to realize when things turns out to be already that challenging or something
that starts on getting much more harder. You would be soon realize that this isnt something that you could be able to take a grasps on a short span of time and does really need that extreme effort
and time allocation for you to have a good hold of it.
There are options when trading can bring profit quickly. But the question is different - can such a result be further. I don't think it's very likely at all.
Perhaps, it was just an assumption because no way we can earn quick profit from trading, maybe you are talking about losing quickly? In fact, experts can never say anything. Well, they might be in a situation they would earn easily because of their experience and market knowledge but for newbies, I'm really sure that it never exist. Maybe if we talk about a simplified way in order to improve our chances to earn more, that was possible. That is why we never see new traders become rich instantly but honestly, they are in the struggle with how to adjust themselves to the changing behavior of the market and place good trades.
Jump to: