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Topic: What your opinion? (Read 1653 times)

full member
Activity: 532
Merit: 116
July 10, 2024, 05:31:47 PM
Remember that investments always come with risks, so it's important to do your research and preparations before getting started. If you're feeling stuck or confused, there are always resources and professionals ready to help you out. Understanding the basic concepts of investing, like risk, return, diversification, and investment strategies, is key. You can read books, take online courses, or consult with experts to learn more. Define your investment goals and how much risk you're willing to take. Don't rush into seeking big profits without considering the potential risks. As a beginner, it's recommended to start with an amount of money you're prepared to lose. Avoid putting all your money into one investment. Choose a trustworthy and secure online trading platform for your investment transactions.
hero member
Activity: 2688
Merit: 588
July 10, 2024, 10:46:32 AM
If by trading online you mean cryptocurrency trading then I'd agree with you that the cryptocurrency market is much more volatile and unpredictable than traditional financial markets such as stocks and forex, and this is the reason why it is considered to be risky, but I would say there are ways to mitigate the risks and be on the safer side, for example, one can only trade in the spot market as a beginner and only buy and sell cryptocurrencies that they know are old and good.
Guess so, because we are here in a crypto forum. Both crypto and other financial markets you said there has a risk but it's just that cryptos risk a bit higher than them due its higher rate of volatility (as you said). On mitigating risk that you said, I agree about the second one but for the first one, I think it doesn't mitigate anything, since spot trading alone is still already said to be highly risky, especially for a newbie. For a newbie, it was investing is the ones that is mainly recommended before it.

There are still advanced types of trading, next to spot trading, like for example futures trading. Maybe this is also what you are referring earlier. If it is then yeah, you are still right with that.
hero member
Activity: 1778
Merit: 746
July 10, 2024, 07:15:43 AM
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
Especially beginners should prefer investing compared to trading because the risk of trading is much greater than investing. Investment and trading are different, you have to differentiate when you want to choose one to run. When you don't know the difference then how can you possibly carry out one of them and of course it will make it even more difficult for you to decide. Trading is indeed difficult to do, especially if we don't know how, so to avoid losses we have to learn it beforehand.

But if you have an interest in trading and if your ability to do so is not sufficient then it is best to learn to understand it first and you can try doing it with a much smaller budget. The goal is to avoid large losses and trading with a smaller budget will not make your psychology worse due to experiencing losses.
hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
July 10, 2024, 06:49:54 AM
Trading is easy to handle. It riske one. Not easy to get profit. If instra in trading. Must learn the training process. Then easy to handle the trading and get more profit. So trading knowledge is important for the trading process. Plan to work.
Any job will be easy if everyone who does it can truly understand how to carry it out. But if you still need learning and new ways to be able to do it, of course you shouldn't think of it as an easy thing, especially if it's about making money through trading on the crypto market, which generally always carries more risk. You can follow any process consistently enough to get excellent results in the market as long as you never give up learning and keep trying when you fail. However, one important thing to remember is never to assume anything is easy as long as you haven't mastered it properly.
full member
Activity: 589
Merit: 102
July 10, 2024, 01:16:29 AM
Trading is easy to handle. It riske one. Not easy to get profit. If instra in trading. Must learn the training process. Then easy to handle the trading and get more profit. So trading knowledge is important for the trading process. Plan to work.
full member
Activity: 807
Merit: 150
July 09, 2024, 10:56:27 PM
Earning a lot of money online is possible but not easy.  Trading is becoming a trend nowadays. Because those who are new to the online world think that trading is a very easy way to earn money, but they don't want to understand the risk of trading, so they lose a lot of money by jumping into trading.  I will not ban trading but in the beginning you should start trading with a very small amount of money and gradually bring all the trading techniques to the verse and then use a standard amount to profit from trading. However, if you start trading with a large amount in the beginning, there will be a big loss. so trading should be handled very carefully
Of course, it is not easy to make a profit in trading and for some beginners who think that trading can make a profit easily, of course this is a wrong understanding because there will be risks in trading and if they do not understand trading well, of course there is a very big possibility they will lose and as beginners of course they must first learn it well so that they don't make mistakes that cause them to lose capital in the trading they do.

Trying with a little capital as a beginner is of course very important because with a little capital while continuing to study the market situation to be able to know the right time to enter the market so you can get good results from trading, when you first try there's certainly no harm with the little profit we get and once we understand it well we will be able to get the profit we want and it is also important for us to be able to do it without being greedy so we can analyze it well and make a profit.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
July 09, 2024, 09:38:33 PM
We're all open to do investments, offline and/or online. But in both sides of it, people need to be careful of the scam investments that are circulating around.

It can be introduced by a friend of yours, a relative that you've known for a long time or just some random strangers. And we need to distinguish the difference of trading and investing.

Both of them are risky but there is lesser risk with investing. A newbie trader can learn from his losses and the same goes to a newbie investor. But with investing, you can be passive.
member
Activity: 111
Merit: 19
July 09, 2024, 05:31:09 PM
Trading is not for everyone, those who have analytical mind and patience also good budget they are worthy to make career on tradings.
Trading really isn't for everyone.  And what you said about patience is the point, patience is the solution to all problems and not all people have it.  Those who put in the time and effort to understand trading can get better at it.  And I have said above that experience is essential for any business and budget is also an important factor because without good capital, trading can be risky.  Therefore only those people succeed in trading who develop all these qualities within themselves.  Not everyone should get into trading, but should assess their skills and resources properly.
newbie
Activity: 63
Merit: 0
July 09, 2024, 11:51:11 AM
Trading is not for everyone, those who have analytical mind and patience also good budget they are worthy to make career on tradings.
sr. member
Activity: 616
Merit: 274
July 09, 2024, 10:38:32 AM
Trading is definitely risky, we have to trade with the risk in mind. But trading online seems to me to be more risky. If you want to do online trading my advice to you is definitely not to invest too much money. Because if you invest too much money then there will be risk of losing. So first you need to understand about trading by investing small amount of money then you can trade more money step by step. But for a newbie I would say that if he is new to trading then he must first gain knowledge about trading if you don't gain knowledge about trading then you won't get much success. So whether we want to do online or direct trading, our patience is very important. Many times it can be seen that many big traders also lose patience. So if we can do trading with patience and long-term planning. Of course, through this trading we can get enough profit which will encourage us to do more trading.
Yes, before planning a trade, you should think first before trying it for beginners or others, don't think about how to get money quickly but think about the risks. Indeed, if you do anything, at least knowledge is very important to gain the insight that you do. If you want to be successful in this job, of course your sacrifice will not be short, you will need quite a long time in this case to get what money you want. During the process of learning to analyze the market, of course you need extra patience in targeting what you want. It's best to never get tired if you want to be successful there, even though failure always haunts you every time you trade. And we must remember that while we are in the process, in any case, one day the results will definitely be visible and the results will never be disappointing.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
July 08, 2024, 11:32:08 PM
Well I do think to be a good investor it is more harder then a lot of people think it is.  There is a lot of skills we must learn or we are going to lose all our money and not get profits.
For me it is why I like to invest in crypto. It is a way to make big gains and all you must do is hodl your coins.
We do not need to make trades or make some big choice where we can lose it all. If we are careful and do not make some trades when there is fud we will have profit when it is a new all time high.
member
Activity: 111
Merit: 19
July 08, 2024, 03:47:48 PM
It is very important to have experience before starting any job or business.  Starting any business or online work without knowledge or skills can lead to loss rather than benefit.  Due to lack of experience, you may face various difficulties.  So first work in this field, learn and acquire necessary skills.  Understand market trends and study the principles of success.  This way you can gain self confidence and success in your work.  A work undertaken without planning and experience is often doomed to failure.  So gain experience and knowledge to make your business successful.
sr. member
Activity: 546
Merit: 309
July 08, 2024, 02:17:19 PM
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .
Earning a lot of money online is possible but not easy.  Trading is becoming a trend nowadays. Because those who are new to the online world think that trading is a very easy way to earn money, but they don't want to understand the risk of trading, so they lose a lot of money by jumping into trading.  I will not ban trading but in the beginning you should start trading with a very small amount of money and gradually bring all the trading techniques to the verse and then use a standard amount to profit from trading. However, if you start trading with a large amount in the beginning, there will be a big loss. so trading should be handled very carefully
member
Activity: 854
Merit: 13
Axioma Holding - Axioma Pay Crypto Card
July 08, 2024, 01:19:35 PM
Before you engage yourself in trading, you need to have an investment, as a susceptible investor you should make use of what you invest and educate yourself more on the concept of trading. Because if you want to be a trader, you need to know how risky trading is.

From my opinion it is not a bad idea to be a trader, but you need to be extremely careful, because you may end up losing, if care is not taken, most especially if you did not have enough knowledge and experience on trading, beside it is important for you to know where you are heading to, before you announced to people that you are travelling.

It is not worthwhile for you to involve all the funds that you have in trading, it is preferable for you to use low capital that you may be able to bear even if you lose it, you should also avoid and prevent  yourself from mistakes that you will make and end up losing.
newbie
Activity: 54
Merit: 0
June 17, 2024, 05:07:28 AM
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her.
Trading is not the same as investment, both are risky but trading is riskier. For anyone that wants to be a trader, my advice is to never depend on it, start small and use the amount of money that is lower than the amount of money that you can afford to lose to trade. If you continue to trade, you will know which step to take depending on how trading favours you. But just like gambling, never rely on trading, although trading is not gambling.

I really agree with this opinion, because both are equally dangerous, therefore for all beginners, especially me, if you want to invest or trade online, you have to start from a cheap price to avoid things we don't want.

But if you save shares in Bitcoin, little by little it will become a hill.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
June 17, 2024, 01:06:33 AM
Trading is definitely risky, we have to trade with the risk in mind. But trading online seems to me to be more risky. If you want to do online trading my advice to you is definitely not to invest too much money. Because if you invest too much money then there will be risk of losing. So first you need to understand about trading by investing small amount of money then you can trade more money step by step. But for a newbie I would say that if he is new to trading then he must first gain knowledge about trading if you don't gain knowledge about trading then you won't get much success. So whether we want to do online or direct trading, our patience is very important. Many times it can be seen that many big traders also lose patience. So if we can do trading with patience and long-term planning. Of course, through this trading we can get enough profit which will encourage us to do more trading.
If by trading online you mean cryptocurrency trading then I'd agree with you that the cryptocurrency market is much more volatile and unpredictable than traditional financial markets such as stocks and forex, and this is the reason why it is considered to be risky, but I would say there are ways to mitigate the risks and be on the safer side, for example, one can only trade in the spot market as a beginner and only buy and sell cryptocurrencies that they know are old and good.

However, this doesn't mean that a person doesn't need knowledge to start. It's easier to trade in the spot market but for someone to begin with it, they must gain basic knowledge about the market, cryptocurrencies, and several trading practices and metrics that they will require when they are making their trades.
member
Activity: 224
Merit: 42
June 14, 2024, 07:44:39 AM
Trading is definitely risky, we have to trade with the risk in mind. But trading online seems to me to be more risky. If you want to do online trading my advice to you is definitely not to invest too much money. Because if you invest too much money then there will be risk of losing. So first you need to understand about trading by investing small amount of money then you can trade more money step by step. But for a newbie I would say that if he is new to trading then he must first gain knowledge about trading if you don't gain knowledge about trading then you won't get much success. So whether we want to do online or direct trading, our patience is very important. Many times it can be seen that many big traders also lose patience. So if we can do trading with patience and long-term planning. Of course, through this trading we can get enough profit which will encourage us to do more trading.

Trading is a process, the word investing should not be mixed while taking about Trading because both have different meanings.
I disagree with you that a Trader should trade with the risk in mind, I believe we are already aware of the risk, so we need risk what we can afford to loss, same time applying the right strategy that what's a Trader needs and not always about Risk blah blah.
Trading is not as Risky as we pose it to be, and this is what blocks Traders mentality not to perform well, we accept and learn that is the necessary factor.
full member
Activity: 504
Merit: 163
June 14, 2024, 03:23:17 AM
Trading is definitely risky, we have to trade with the risk in mind. But trading online seems to me to be more risky. If you want to do online trading my advice to you is definitely not to invest too much money. Because if you invest too much money then there will be risk of losing. So first you need to understand about trading by investing small amount of money then you can trade more money step by step. But for a newbie I would say that if he is new to trading then he must first gain knowledge about trading if you don't gain knowledge about trading then you won't get much success. So whether we want to do online or direct trading, our patience is very important. Many times it can be seen that many big traders also lose patience. So if we can do trading with patience and long-term planning. Of course, through this trading we can get enough profit which will encourage us to do more trading.
member
Activity: 462
Merit: 13
★Bitvest.io★ Play Plinko or Invest!
June 13, 2024, 10:18:15 PM
Before starting online investment you need to know about investment first. Without good experience you will not be able to easily manage the risks for doing business. Trading without skill is a sure way to lose during currency trading. This leads to a distorted perception of the market and incorrect execution of orders. If you feel like you are starting to trade on emotion stay away from the platform until your mind calms down.
jr. member
Activity: 35
Merit: 13
June 13, 2024, 08:01:55 PM
I like trading but I don't recomend it. It is very diferent you make an analysis to forecast months ahead and put your money there and make many analysis during a day for many days. I think trading activity more similar to a job than a kind of investment. Trading is for crazy people (like me...hahaha) that most times finish with losses. No one deserves to being older dong this.
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