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Topic: Why are people getting scared to Trade - page 10. (Read 3003 times)

member
Activity: 322
Merit: 70
There are many reasons why people get scared to trade their coins.Trading is just like gambling is either you have the chance of winning or losing.Most can't bear the risk attached with trading.The fundamental/technical analysis of trading must be understood, otherwise trading looks like a thug of war for someone that doesn't know the strategy of trading.Since risk tolerance varies among humans,a person that can't bear the risk of losing that much will go for the safer path doesn't have much risk to bear.
member
Activity: 377
Merit: 13
#SWGT PRE-SALE IS LIVE
I think these people who scared to trade, are wise. Cause people with zero knowledge don't hesitate to trade and they start trading with this aim to become rich or will earn good amount of money but at last end up with loss! But people who scared, they know and understand that how risky the trade will be if they go with any wrong decision. So it's okay to scared but if you don't start, then how could be learn? As like, you can't learn swim until you go to water. Trading is also similar thing. Gain knowledge and then You need to start. Losses will teach you lesson and make you more expert for next day
hero member
Activity: 1820
Merit: 747
April 28, 2024, 09:02:04 PM
Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.
Where do you get this data from and actually people only take advantage of participating in airdrops just to make a profit, but that's not the main target. Trading is not easy to learn so people will think long and hard about getting involved in it, when people are not able to improve their trading skills to become better then the results will make them lose. Experienced traders who have good skills when trading also often experience losses, but the difference is that they can recover losses in the next trade.

Of course people will look at their own abilities and if trading is not something they can do, they should leave. This fear is normal, but we also have to measure ourselves whether we are suitable for trading or not. Because if this is not suitable, it is better to choose an investment route so that people will not suffer big losses.
member
Activity: 154
Merit: 10
Patience is key
April 28, 2024, 05:17:16 PM
It's normal to be scared when it comes to trading, first their are a lot of trading platforms all over the global and most people don't know which one is legit anymore, so I won't blame the peope getting scared to trade. I was once like them when I decided to start trading with Bitcoin, I was scared that my life savings is going to be lost forever but i beat my chest that no matter what comes out it's all about risk in life. A friend of mine lectured me about crypto currency and ask me to learn more before making any move, he introduced me then i started having hope and I regained my faith back now I'm enjoying profits everyday of my life. So it's normal to get scared when it comes to something that you haven't tried or have knowledge about it, but you only heard of it and it's also involves money. A lot people at their who are ready to trade but they're still scared they only needs to be convinced and show proof to them.

But with Bitcoin you don't have to be scared that's one thing I'm going to advise people who have people that they're scared to start trading, or people who are looking for a legit and trustworthy trading platforms Bitcoin is the best ever.

Their is one thing you should know before you think of trading, that everything takes risk and time before you can see the results. Trading is an major activity that's difficult to so many people that's why you have to go deep down in to it and know what you're about doing and how it works, but i won't lie to you it isn't that much easy to make profit from trade. It step by step but you'll eventually get your profit and trading is like gambling, either you lose or gain but you can't lose when you've lent more about it. You have to know you'll face of a lot challenges when trading to be honestly I faced it as well, so put it at the back of your mind trading it's about process and risk. Sometime people get lost in trading because they started without knowing what they doing, they thought it's all about investing money and it grows by itself no, it doesn't work that way you'll have to face what especially the trade and possiblity and the procedures and risk mostly the terms that comes with it. People who get scared to trade are people who aren't ready to live a life of the choice and prosperity.

hero member
Activity: 1064
Merit: 589
April 28, 2024, 06:53:15 AM
There's nothing wrong to be careful or avoid trading if you aren't ready for it. A trader needs lot of things like knowledge, analysis skill, experience, Money, patient, emotional or mental control and many more. And honestly, it isn't that much easy to make profit from trade. Even spot is okey but sometimes people use future trading as gambling and i saw. Many good traders got liquided even they have everything that  makes them good trader. But loss and profits are common in Trading, Any shouldn't afraid of trading if he maintain discipline and can control himself
But trying to avoid wont really be putting you on nowhere but you would really be that not be progressive. Its normal to be that scared but we know that not making any actions wont really be changing a thing.
This is why on the time that you have decided to deal up with trading then you should really be that preparing yourself for the risks involved. There would really be inevitably losing up money and its normal to be scared but once you do able to get that experience then you would really be that definitely be able to make yourself that be a little confident until on the time that you do able to have a good grasps on how this market works then you wont really be that scared anymore. You do know the risks involved and on what are the things that you should gonna do.

Its a matter of risk taking and not all would really be having this kind of approach towards the risks involved with it because there are really those individuals who would really be finding it out
that this market is really that too risky for them to deal on with and this is why they would turned their backs.
You are right, if we cannot take risks, then it will not bring change to us. However, we also have to be able to adapt to how much risk we can afford to take, don't let it be that just because we want to take a risk we force ourselves, in my opinion that is not wise either. In short, we must be able to measure our ability to take risks.
We can slowly start from the smallest, everything we do requires a process and that process will likely be a very long process. The first thing we have to do is prepare ourselves. This preparation also includes many things, for example we have to continue learning, improve our mentality, and prepare capital.
fear is something natural, everyone has fear, I don't think there is anyone who doesn't have that fear.
newbie
Activity: 14
Merit: 0
April 28, 2024, 05:58:00 AM
Up until April of this year, I experienced feelings of apprehension. Over the past two months, I diligently documented my trading activities, and what I discovered was quite intriguing. The greater my exposure to market volatility, the more comfortable I became with it. While there are moments of fear, adhering to the rules I've established and avoiding impulsive decisions like FOMO trading have allowed me to navigate the market "less emotionally".
sr. member
Activity: 812
Merit: 252
Free Crypto Faucet in Trustdice
April 28, 2024, 05:23:01 AM
True, everyone has a choice and they are free to choose which means that if they are not ready for everything that they will face in trading especially the possibility of risk then it is better to postpone the intention and then dedicate themselves to first learning everything that is needed in preparation for starting trading and you have mentioned some correct points above such as knowledge, skills in terms of analyzing, planning, risk management, along with financial management, emotional, mental and psychological which some of these points will be very useful to make it easier for you to find profits along with avoiding yourself from the possibility of too significant losses. The question is why do we need so much to prepare to start trading? Obviously as you said that however trading is a difficult activity, someone who says that making a profit in trading is easy is those who come without having the right understanding of what the world of trading really is.

Because it is not uncommon for us to also find traders who end up failing with a concerning situation where they lose large amounts of money and usually these are typical traders who are too focused on their intentions and goals of making profits but instantly while however no success is produced without a process of struggle and hard work, the point is that nothing is instant and you never know about the process of what difficulties have been passed by traders who have now managed to achieve consistent profits.
Why are people afraid to trade? This is something that is very difficult for the public to understand, the people themselves don't want to think about complicated things according to some of them, especially since the things they see are very gray to them, looking deeper into the matter of trading has many risks that will be discovered if we not being able to study this matter well, we must be able to understand and study everything that will happen, maybe it will happen, and it will definitely happen.

Trading is an activity that is difficult for most people to do and understand, not a few are successful in this trading, all of them learn the risks and profits quite well, that's why some of us don't want to know and it ends in failure which results in loss. money which we call capital in trading.
The point is that in doing something that has risks, if we succeed in doing it well then the profits we will get are not small, everything goes according to the process that we do well so the results will be good.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
April 28, 2024, 01:00:41 AM
There's nothing wrong to be careful or avoid trading if you aren't ready for it. A trader needs lot of things like knowledge, analysis skill, experience, Money, patient, emotional or mental control and many more. And honestly, it isn't that much easy to make profit from trade. Even spot is okey but sometimes people use future trading as gambling and i saw. Many good traders got liquided even they have everything that  makes them good trader. But loss and profits are common in Trading, Any shouldn't afraid of trading if he maintain discipline and can control himself

True, everyone has a choice and they are free to choose which means that if they are not ready for everything that they will face in trading especially the possibility of risk then it is better to postpone the intention and then dedicate themselves to first learning everything that is needed in preparation for starting trading and you have mentioned some correct points above such as knowledge, skills in terms of analyzing, planning, risk management, along with financial management, emotional, mental and psychological which some of these points will be very useful to make it easier for you to find profits along with avoiding yourself from the possibility of too significant losses. The question is why do we need so much to prepare to start trading? Obviously as you said that however trading is a difficult activity, someone who says that making a profit in trading is easy is those who come without having the right understanding of what the world of trading really is.

Because it is not uncommon for us to also find traders who end up failing with a concerning situation where they lose large amounts of money and usually these are typical traders who are too focused on their intentions and goals of making profits but instantly while however no success is produced without a process of struggle and hard work, the point is that nothing is instant and you never know about the process of what difficulties have been passed by traders who have now managed to achieve consistent profits.
hero member
Activity: 3010
Merit: 794
April 27, 2024, 09:32:10 PM
There's nothing wrong to be careful or avoid trading if you aren't ready for it. A trader needs lot of things like knowledge, analysis skill, experience, Money, patient, emotional or mental control and many more. And honestly, it isn't that much easy to make profit from trade. Even spot is okey but sometimes people use future trading as gambling and i saw. Many good traders got liquided even they have everything that  makes them good trader. But loss and profits are common in Trading, Any shouldn't afraid of trading if he maintain discipline and can control himself
But trying to avoid wont really be putting you on nowhere but you would really be that not be progressive. Its normal to be that scared but we know that not making any actions wont really be changing a thing.
This is why on the time that you have decided to deal up with trading then you should really be that preparing yourself for the risks involved. There would really be inevitably losing up money and its normal to be scared but once you do able to get that experience then you would really be that definitely be able to make yourself that be a little confident until on the time that you do able to have a good grasps on how this market works then you wont really be that scared anymore. You do know the risks involved and on what are the things that you should gonna do.

Its a matter of risk taking and not all would really be having this kind of approach towards the risks involved with it because there are really those individuals who would really be finding it out
that this market is really that too risky for them to deal on with and this is why they would turned their backs.
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
April 27, 2024, 06:30:31 PM
There's nothing wrong to be careful or avoid trading if you aren't ready for it. A trader needs lot of things like knowledge, analysis skill, experience, Money, patient, emotional or mental control and many more. And honestly, it isn't that much easy to make profit from trade. Even spot is okey but sometimes people use future trading as gambling and i saw. Many good traders got liquided even they have everything that  makes them good trader. But loss and profits are common in Trading, Any shouldn't afraid of trading if he maintain discipline and can control himself
sr. member
Activity: 182
Merit: 120
March 18, 2024, 08:40:39 AM
If referring to an investment I don't know the strength capacity of Airdrops and I have not tried such. People choose investing cause it saves more when compared to trade, trade has to do with broad knowledge and still doesn't guarantee profit while investing can yield profit within any period of time depends on the coin. Investors believe more in investing but I don't know much about the airdrops and profit making but still investors get excited with airdrops cause some might yield profit but not all.
hero member
Activity: 980
Merit: 947
March 18, 2024, 06:41:06 AM
When someone can understand the risks they will face in trading, of course they will be able to trade by making a profit from the trades they carry out, because it is very unlikely that we can trade if we cannot minimize the losses we will incur in trading, that is not true. everyone can analyze the market correctly, so of course this makes someone who cannot understand trading correctly, of course, they will not dare to trade, which means there is a possibility of loss if they are wrong in analyzing the market or in making trading decisions.
Everyone will lose in trading, you don’t need to think that a beginner can come to the market and immediately start making money. Before you start trading, you need to think about quality training in order to have an understanding of basic things. I doubt that everyone is able to make money in trading, most market participants lose, such are the laws of the market.

This does not mean that you can’t make money in trading, it just means that it is a very difficult activity that requires a lot of knowledge and experience, you need to love this activity, and what I have learned from my experience is that emotions get in the way here. And when you can bring your actions to automaticity and understand what needs to be done, then you will have results.
full member
Activity: 364
Merit: 158
March 17, 2024, 05:05:07 AM
Trading generally is very risky and it requires a higher risk tolerance level and every individuals understand better what it seems to be their tolerance level and decided to stick to it, however every one must indulge in it and it also be with different reasons what so ever, and on the hand trading Is very technical and requires lots of emotions on the process, and you know sometimes what works for you may not work for others so don't blame any one that are involve in to trading
Yes trading is very risky and if you want to do trading you have to learn risk management and with it there is investment. and trading is not an easy thing. For trading you need to know how to do market analysis and not everyone can do it. and for this reason there is a lot of risk in trading and people are afraid of trading because if wrong entry is taken then the loss is more than the profit. so it's normal that people will scared to Trade
All these so much back and front just to be a professional risk taker. Is there anything like that lol? . Trading is meant for those who are financially free and what make more for themselves. It is not for someone who is just starting life or a student who is managing the little trust fund  given to them. The idea of get rich quicker has blinded so may persons. The youth in particularly. I wont balme them well, they fell for the fake advert and promising videos from influencers who tells them to join their learning sections
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
March 16, 2024, 06:12:28 PM
The reason why you don’t see many people venturing into trading most especially the future trading is the fact that it actually needs two things. One is the substantial knowledge on technical analysis and fundamental analysis, and the other is capital. Trading is regarded as gambling by some and for you to earn from it you have to have your own capital to start off. Just like you said many of those people that venture into hunting for airdrops are those that do not have the capital or aren’t even ready to risk there funds into it, so they result in just investing alone

It makes sense, ignorance of how to trade properly and the inability in terms of finance is one of the definite reasons in this case that makes them prefer other things rather than trading, and for the problem of knowledge yes I understand that anyone can gain knowledge and insight if basically they have a strong intention and determination to learn but the problem here is the inability in terms of finance or capital that makes them have to return to thwart their intention or desire to engage in trading.

I think this is a logical reason why people do not choose to get involved in the world of trading and instead prefer to switch to other things such as aidrop because indeed you can do it without using or bringing any capital at all, you only need to be consistent in hunting along with carrying out the missions that are ordered, on the other hand I have one family member, namely my uncle who is very active in the aidrop world, He has daily tasks or missions that cannot be missed but he only hunts airdrops that do not involve money as capital or conditions, and honestly sometimes my uncle makes a fairly large amount of money every month or week as a result of his consistency in hunting, but on the other hand I think this also depends a little on everyone's choice.
sr. member
Activity: 1400
Merit: 420
March 16, 2024, 06:04:00 PM
Trading generally is very risky and it requires a higher risk tolerance level and every individuals understand better what it seems to be their tolerance level and decided to stick to it, however every one must indulge in it and it also be with different reasons what so ever, and on the hand trading Is very technical and requires lots of emotions on the process, and you know sometimes what works for you may not work for others so don't blame any one that are involve in to trading
Yes trading is very risky and if you want to do trading you have to learn risk management and with it there is investment. and trading is not an easy thing. For trading you need to know how to do market analysis and not everyone can do it. and for this reason there is a lot of risk in trading and people are afraid of trading because if wrong entry is taken then the loss is more than the profit. so it's normal that people will scared to Trade
sr. member
Activity: 616
Merit: 317
Vave.com - Crypto Casino
March 16, 2024, 05:45:11 PM
Carelessness makes no one succeed but failure. That is why we should think first before trading and we won't be like those people who try even if they don't have knowledge. And the thing is that trading is not an easy way of making money. Therefore, if we feel doubtful, it is better not to try because that only ends up losing.
Perhaps, we don't need to be scared but what we need is proper preparation - knowledge and capital.
All the people who are scared are those who are not ready yet and are not risk-takers. In fact, we're not forced to do that, sometime we need assurance as well.
Yes that's right. All that is needed in trading to have courage is knowledge, desire and continuing to learn. If we have mastered this, we don't need to be afraid of trading, the important thing is to learn and have a goal and prepare ourselves thoroughly and make trading a fahsion. This is the same as when learning to drive a car. First of all we have to know the procedures first, then have the intention and keep learning, because sometimes I learn to drive without anyone teaching me without anyone accompanying me, with courage, determination and belief, I can definitely do it. And this is real, we just need to learn and have knowledge about instructions such as how to activate the gas brake and clutch gear.

Nothing is impossible if we have great determination and instill in ourselves that we can definitely do it. This also happens in trading, without courage we will not be successful, but courage must still be accompanied by independent knowledge and research.
sr. member
Activity: 308
Merit: 256
March 16, 2024, 03:45:57 PM
Trading generally is very risky and it requires a higher risk tolerance level and every individuals understand better what it seems to be their tolerance level and decided to stick to it, however every one must indulge in it and it also be with different reasons what so ever, and on the hand trading Is very technical and requires lots of emotions on the process, and you know sometimes what works for you may not work for others so don't blame any one that are involve in to trading
legendary
Activity: 2772
Merit: 1127
March 16, 2024, 02:28:03 PM
Trading is generally risky and another issue is that people do not often get prepared for what they are about to face in it, so it hits them very hard, so no one can blame anyone here. Like I now advise people, it is never a must you trade, and if you know you are sacred about it one way or the other, that means that you are not just ready for it as the psychology of such a person is not good and if pushes too hard, it will backfire on the person. Even at that, some would still summon the courage to try it over and over again when they fail, but the results would still not be fine. No one can blame that kind of a person if he is now scared about trading as no one wants to be wasting money on a thing and never see the good results coming out from it. In most cases regarding trading, there is not even hope not to mention of seeing the promising future.

Irrespective of that, I can advice people to try more until they eventually give up, but before giving up, they should understand fully well that the management and psychological apsect of trading has to be taken better serious for anyone trying it to be successful. Many would be busy around looking for the perfect strategies but it doesn't not work like that. Having a great coordination with what the trader knows is the best solution to this.
Trying more before giving up could mean a lot of things. If they are too down and lost all their money and forcing their life, then they should not try more and just give up, because there is no benefit to losing even more when you are in a position where you lost more than you should.

However, if we are talking about a situation where people are just trading with what they can afford to lose but they are just worried that it may not be good for them and they just get scared and leave, then yeah you are right that they should keep trying their best. In that situation they are giving up because they are looking at it differently and they shouldn't, it just doesn't work that way, if you give up then you will never profit from it.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
March 16, 2024, 01:24:33 PM
Before starting any business you should have enough knowledge on fundamental analysis and the other is capital. There are many people in this crypto world who want to venture into trading too early and many people rush into trading without any analysis which leads to huge money losses. There is no shortage of technical analysis in trading and the more you practice the easier you will find for trading. But the dangerous thing is that you should not be attracted by someone else profits fund.

In any field if you enter without knowledge you will face troubles whether it is a field of crypto or something else so don't forget to learn before trading. People often enter into the market and think that they will learn after entrance but actually they are enter to loss their money.

Trying again and again but with little amount because in such tries you can loss a big amount if you use. And if you regularly loss for three or more times then quite trading because regularly losing money will be harmful for you so add more new things to your knowledge will be suited well.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
March 16, 2024, 09:36:17 AM
As far as I know, many people are afraid of trading not because they don't believe in it, but they are afraid of taking risks and losing the money they have.
When we realize that trading is difficult, someone will hesitate to do it. This is different when we first get to know trading. We really want to take risks and believe that we will really profit from trading. However, the reality is that trading is difficult. Even when you do the analysis wrong, you can hold the asset in the long term, and may still lose money. I've had something like that happen several times. Yes, because of this experience, sometimes I am also afraid to trade.
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