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Topic: Why are people getting scared to Trade - page 12. (Read 3003 times)

hero member
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March 13, 2024, 04:45:09 PM
Well, that doesn't mean they're afraid to trade so they choose that path of doing airdrops. Most of them don't have capital to trade and that's why they're trying almost every opportunity that they can see through airdrops. They'll eventually get into trading once those rewards that they've obtained through airdrops have value. They have to sell that for profit and it's up to them on what they're going to do with that money that they've earned through it. Most of them don't reinvest it into the market and they just buy things that they need for more productivity like new gadgets, laptops or even the bike of their dreams.

But as for the actual people with budget and don't want to commit in trading, buying and selling is already an act of trading and maybe what you are trying to say is the actual day trading and going with perpetuals, derivatives or the futures. They're really scary for people that don't want to engaged with those activities as it requires you more knowledge and risk taking before you doing so. On this market, it's best to stay what you are comfortable of and where you are profitable, you don't have to show off the others that you're good into something as what matters is what makes you stay on this market and what is being profitable to you.
hero member
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March 13, 2024, 02:24:42 PM
Earning a profit in trading is possible if you have good knowledge about this but also, it can be impossible if you just jump into this without any backup knowledge.  If we are a smart person, we choose not to trade if we know the incapability of ourselves. It is not we just scared OP but we are doing not to trade because the chances to earn it are very slim, why do we waste our money knowing that it was impossible?

Just trade as long as we are ready. Learn first and acquire enough knowledge and skills if we want to at least have the chance to earn. There is no magic in trading which is why we should be ready to face the consequences or else, forget about trading. 

When you say consequences I comprehend it as loses and the reason for this consequences is lack of basic trading skill as you have mentioned that trading is not magic but one who trades I mean jumps into it without any knowledge will surely suffer consequences of losses and that's the case with most of the new traders nowadays as they don't understand the basic of trading but end up losing entering without knowledge and it becomes a bad experiences which is being discussed over the forum this creating an overall negative thoughts on trading.
hero member
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March 13, 2024, 01:27:32 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.
If you are trading your personal account and not confident about your strategy, then it's a wise choice to stay away from the markets!!!

But as for capital , well let's just say we have a lot of companies out there called "prop firms" and are ready to provide traders with this capital provided they can prove their skill through some kind of evaluation test, and once you pass you get to share the profits with the firm without you as the trader risking your personal money..it's a win-win.


Trading is regarded as gambling by some and for you to earn from it you have to have your own capital to start off.
Having the capital isn't equivalent to success, you need to have the skill to trade and without it it will certainly be called gambling!!!

Friendly Advice: If people really want to trade, let's seek to have the knowledge and tools to give ourselves a winning chance!!
legendary
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March 13, 2024, 11:50:40 AM
In response to the op, I would say that it's still better to scared than loss money in a bid to for you to appear to have balls  Grin.

On a more serious note though, trading is still not for everyone, and thank goodness, in crypto, there are many ways to catch a fish, one doesn't necessarily have to trade to make money, in crypto, some people make money by investing, some make money by staking, others make by farming airdrop (just as you mentioned) and several other ways actually.
Now, coming back airdrop, no doubt, airdrops have made a lot of people millionaires in crypto, much more than you and I can ever imagine, I personally came into crypto having nothing, but to be honest with you, I made my first $8000 ever in my life through airdrop, this was in 2017 I think, and in 2020, I made another $2500 in airdrop.
In all my years of trading, I've never made any of such amount from trading in one go, or even In week or month, this is to show you how profitable airdrop can be for some people that are really lucky.

So, in the end, like I said before, we all mustn't be traders, there are so many ways to make money in crypto, and one just have to find one that he or she is most comfortable with doing.
copper member
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March 13, 2024, 11:42:01 AM
Trading isnt scary for you to be scared or ran off into. It is really just that there are people who cant really be able to bare up with the risks but if you do really just
see on what are the chances and opportunities for you to be able to acquire on dealing with it then you would surely be appreciating it.
In actual sense, people are not scared of trading but they are scared of the fact that they will need to learn trading beforehand which isn't what everyone is a fan on but it's a requirement if you are getting into anything whether it's trading or something else in your life. You can't expect to gain success or achieve good things in any field if you are not willing to learn and have all the knowledge about that specific field.

So, people who run away from trading very soon after getting into the market are the people who are not willing to learn, and if you are not willing to learn or gain knowledge, you will barely be able to earn anything, and when they face losses in the initial stage after making a few trades, they simply run away instead of trying to learn and adapt.

there are also those who are traumatized by their bad trading experiences at the start. they see that the trades made by other people are very easy to profit from. but they don't want to learn to trade like you said. those who end up afraid because they fail at the beginning due to their ignorance of risky trading. Of course, we see friends who think trading is very easy to do but when they try it is very difficult and they give up and don't want to try again.
hero member
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March 13, 2024, 11:31:03 AM
Trading isnt scary for you to be scared or ran off into. It is really just that there are people who cant really be able to bare up with the risks but if you do really just
see on what are the chances and opportunities for you to be able to acquire on dealing with it then you would surely be appreciating it.
In actual sense, people are not scared of trading but they are scared of the fact that they will need to learn trading beforehand which isn't what everyone is a fan on but it's a requirement if you are getting into anything whether it's trading or something else in your life. You can't expect to gain success or achieve good things in any field if you are not willing to learn and have all the knowledge about that specific field.

So, people who run away from trading very soon after getting into the market are the people who are not willing to learn, and if you are not willing to learn or gain knowledge, you will barely be able to earn anything, and when they face losses in the initial stage after making a few trades, they simply run away instead of trying to learn and adapt.
hero member
Activity: 3094
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March 12, 2024, 04:53:23 PM
Earning a profit in trading is possible if you have good knowledge about this but also, it can be impossible if you just jump into this without any backup knowledge.  If we are a smart person, we choose not to trade if we know the incapability of ourselves. It is not we just scared OP but we are doing not to trade because the chances to earn it are very slim, why do we waste our money knowing that it was impossible?

Just trade as long as we are ready. Learn first and acquire enough knowledge and skills if we want to at least have the chance to earn. There is no magic in trading which is why we should be ready to face the consequences or else, forget about trading. 
sr. member
Activity: 2296
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March 12, 2024, 03:59:27 PM
This could be the factor they are not confident yet with their skills some of the traders wants to commit to trading but they are afraid of losing their money because of the mistakes possible they will commit when they start the real trading which is common to the people who get hard earned money, but again you would like to earn profit its not trading if you don't risk any capital with this, experience is the best teacher if you make mistake its part of it so you can learn from it once you face again you don't need to get bothered with the market and your decision.
Of course there will be risks that will be faced when someone trades and if they don't dare to take risks on the trades they make of course they will never start trading because they are afraid of failure and for those who dare to face risks and are confident in the trading knowledge they have of course They will be able to gain profits from the trades they make even if they fail in several trades, so they can learn from the mistakes they made so that they no longer make the same mistakes when they try again.
No risk No gain.

This is something a main line that we've known but not all would really be considering out such stuff and this is why they would rather be sitting still and doing nothing rather than on making actions
on which they do know that they could lose money instead of earning. To those people who do really tend to take up some actions despite of the risks then they are the ones who do have the chance
on changing up their lives because they did really take up some risks on something that could give out that opportunity on making some additional income.

Trading isnt scary for you to be scared or ran off into. It is really just that there are people who cant really be able to bare up with the risks but if you do really just
see on what are the chances and opportunities for you to be able to acquire on dealing with it then you would surely be appreciating it.
hero member
Activity: 1666
Merit: 723
Enjoy 500% bonus + 70 FS
March 12, 2024, 03:49:02 PM
I believe that those people have engaged in trading before and have seen how difficult it is, because as a newbie that came into the industry, they initially thought it was easy, but after some series of loses, they became afraid to give it a try.

To me it's very important that before you ventures into trading, you must go for knowledge first, so as to know how to navigate your way in the market, but they mostly skip the learning process and decided to go into the market that they know nothing about, but sometimes it is good that they will learn it the hard way, after they have been liquidated. So before venturing into trading go for knowledge first, so as to know how to navigate your way in the crypto market.
actually before someone is scared or something the person has already experience or tested this stuff, so from my perspective it is good for you to experience something and they know they advantages and disadvantages of it before you quit from it, because so many persons that enter Into threading today and lose does not undergoes the training of trading And that is why there are experiencing negativity in trading instead of positivity

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
are afraid of trading because the notice that threading is full of disadvantages and it is a a business of luck when you have not not eat the foundation of trading you can't lose whatever thing you have within two minutes that is why many people is afraid of trading instead of them to thread the inventor into investment so I believe now today many people who analyse threading is also a leaner in a trading industry... It is good for you to understand the concept of threading before we associate ourself into it because why many people is condemning trading It is because there have not understand the strategies of it and the joint trading and that makes them to lose whatever they have not many people who rush
into threading is now afraid of trading because of the experience of loss they observed.

You are curious about this simply because you might have not given it a better thought that trading is trading and not the only means to earn from the crypto world.
The most of the reasons why some of them are curious into threading it is because this is threading as the shortest way to make money how to make a profit why they refuse to learn the rudiment of trading before venturing into trading, so that is one of the disadvantages that contributes seriously for down fall of anyone  who refuses to know how to learn the foundation of trading before entering into trading, it is good for you to have the experience of trading first so that when you ventured or when you entered into trading you will not experience a huge loss

hero member
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March 12, 2024, 02:35:17 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.

Edit

So, like I said earlier I'll do some research about this and I realised that most of you are right. I just discovered that there are many ways people make money out of events, I wasn't too diverse at first before I posted earlier but now I understand.

Judging from these two links the first one is still ongoing while the second one finished last year. So it seems there are different ways to get money in a simple term and be safe with your assets not necessarily mean you must trade especially if you're using a cex

https://medium.com/@fortunedivine04/spin-win-on-bitget-your-ticket-to-exciting-rewards-46b72a605d75

https://www.bybit.com/en/promo/events/earn-carnival


In times like this or this era, the airdrops we have now require that if you want to be one of their participants, you need to have a capital investment. This is one of the requirements of those conducting NF airdrops because you will be using their platform protocol.

So that means you must also know something about trading no matter what, because if you don't put money into their platform, there is no chance of you being a participant in their airdrops, and then there is the risk of not being sure if they will do airdrops. platform.
member
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March 09, 2024, 04:03:59 PM
      How many years have I been in this field of cryptocurrency business? I have rarely done futures trading, to be honest. I got really used to the spot. Although I also have knowledge of futures trading, that's why I'm more comfortable with spot than futures.

But lately, I've been getting interested in futures, so I'll probably deposit money there and practice little by little so that the profit that can be obtained from cryptocurrency can be dual.
legendary
Activity: 1750
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March 08, 2024, 08:58:43 AM
This could be the factor they are not confident yet with their skills some of the traders wants to commit to trading but they are afraid of losing their money because of the mistakes possible they will commit when they start the real trading which is common to the people who get hard earned money, but again you would like to earn profit its not trading if you don't risk any capital with this, experience is the best teacher if you make mistake its part of it so you can learn from it once you face again you don't need to get bothered with the market and your decision.
member
Activity: 196
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March 08, 2024, 08:18:20 AM
In fact, not everyone wants to eat loss juice, many people eat loss, so I am afraid to trade because there are some terrible moments in trade that are actually very dangerous for a common person to face.  Getting tattooed in Burdwan is actually a fashion for everyone, but those who understand or don't understand do it. In fact, those who are working or want to do professional work, if you don't have an idea or your basic idea, don't come here bro.  Because this can be your danger because there is a 98% chance of losing your capital. But as many people currently do, if you have an idea, you can because what is coming now doesn't matter at all because you must keep the capital. Basically, you can.  no
full member
Activity: 868
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March 08, 2024, 07:44:09 AM
that's because not many people have the courage to risk their money in the market by trading it. because traders need to analyze the market, study strategies, determine the right position, and manage their psychology, so they can gain profit from the market. and not everyone can do that. so for this reason, most people choose to take part in airdrops or bounties to be able to make money from cryptocurrency, because all they need to do is complete the task given and they will get a reward if they successfully complete the bag. because the risk is lower and does not require high capital, more people choose to take part in the airdrop.
sr. member
Activity: 1078
Merit: 254
March 08, 2024, 06:24:09 AM
Yes, actually I am glad that you did some edits because people been scared of trading. They actually have their reason and then they are not scared because of they don’t want to trade,they are scared because of what they have passed and how they have had a lot of challenge during trading and the lost they have encounter so most people are scared of it so they don’t go into Trading and some people haven’t before, but the experience of their friends or their close ones make them to be scared so they all have their different decision.
member
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March 08, 2024, 05:09:26 AM
Some people may be frightened by the idea of trading itself because it's an incomprehensible procedure that can cause the trader to lose hope or even fall sick; this can happen without the basic understanding and knowledge before you start trading; they think it's about making money but forgetting that there are both hazards and benefits involved. It is essential that one understands each side of the equation because without this understanding, it is easy to become immersed in the excitement of prospective gains while ignoring the possibility of risks because they don't acknowledge that there are risks involved and fail to learn from the mistakes that they make.
sr. member
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February 22, 2024, 10:57:10 AM
As we've been trading, it doesn't just mean that we can afford to take risks but we also can afford to adapt to the situation and eliminate those negative factors that will hinder success.

Scares are usual but it can eventually change especially if we trust ourselves that we can do right.

We get scared at some point but not letting that fear of losing stop us from going ahead with the plans we have for our life is the reason we succeed in life therefore we shouldn't be getting scared of trading. If we do things in the right way we will succeed, some days we mightn't win but we'll keep succeeding and one day we'll be free from poverty. People are thinking that when we talk about trading it's very hard to win because of the stories that many people are losing when they're trading. The news carries more of bad news therefore when the market crash and traders lose that's what will be making more headline and this is making more individuals get scared of trying to trade. Trading isn't an easy thing but it's not also that hard if you're determine to learn it and begin to make profits.
jr. member
Activity: 142
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February 19, 2024, 04:01:55 AM
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

Absolutely, you've hit the nail on the head. Trading, especially futures, is no small feat. Mastering the art and science of technical and fundamental analysis, is not easy and let's not forget, you need a decent chunk of change to get started.
For many, trading feels a bit too much like rolling the dice, which is why people without the saving or those hesitant to take the plunge often opt for chasing airdrops or sticking to straightforward and mostly guaranteed investments. Plus, trading's a serious time sink. And while turning to investment funds or advisors could ease the burden, the sheer number of scams out there has left a lot of people skeptical and hesitant to jump into the trading world at all.
sr. member
Activity: 2828
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February 19, 2024, 12:45:41 AM
The answer is simple. They love their hard earned money and without proper preparation they don’t want to trade. Trading is not an easy task. You need to have proper technical knowledge in order to make profits from trading. If you don’t have enough knowledge about the market and do trading blindly, then forget about profits, you will be sinked in losses only. Hence, many people try other stuffs many time to make some good cash.
I agree with you earning money is very hard work but when one is trading it becomes a challenge to make profit. If one does not have proper knowledge in the field of trading, he will never be able to profit. that is why many are afraid of trading. And it's normal to be afraid. so if one wants to make a safe investment and if they have enough money to make a long term investment then they can choose strong currencies like Bitcoin, ETH. because long-term investment in these potential currencies can bring very good profits
That is why trading is not for everyone nor it was forced on anyone but this is for those who are risk-takers. We are not just talking about how we can afford to take risks but what we are pointing out is how to earn a profit if we only have knowledge and skills but no emotional control or if we are greedy. It definitely won't be going to success but see failures and losses. As we've been trading, it doesn't just mean that we can afford to take risks but we also can afford to adapt to the situation and eliminate those negative factors that will hinder success.

Scares are usual but it can eventually change especially if we trust ourselves that we can do right.
hero member
Activity: 952
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February 18, 2024, 03:09:57 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.

Before I go further, I just want to ask you, have you try trading by yourself to see the challenges and to know why people don't really like trading, a test will convince you more why people don't really like trading.

Trading involved three basic things, your knowledge acquired about trading, your experience and lastly your time. Some people have the knowledge but don't have the experience and the time because of their outdoor work and hustle, these set of people like to hold their coins rather than waste their precious time looking for support and resistance.

Some people have the knowledge, they have the time but don't have the experience to enjoy the trend of the market, these people try and try but hardly make it in trading and along the line, they gave up and either buy and hold or give up and face other ways to make money.

Only few people trade because it's their hobbies, a lot of people that you think they trade don't actually trade in reality, most especially those Youtubers, they are influencers that depend on bonus from referrals and discount.
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