Why are people getting scared to Trade - page 13.

Huppercase

hero member

Activity: 938

Merit: 552

Quote from: Best-mary on February 12, 2024, 04:37:03 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.

kojektea

sr. member

Activity: 2296

Merit: 256

Many people are afraid of trading because they are unable to accept the risk, and may not be confident in their trading abilities, I personally also experience this, I sometimes take a safe position for myself and try to join events to get bonuses, but if I am confident with my trading skills, of course I will focus on trading, without looking at anything else

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: vs2014 on February 13, 2024, 01:07:57 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.

There must be technical too that are involved and one example of it is the capital or on how we budget it to do different things that can improve our business, so we should analyse this too aside from fundamentals but capital can also be considered as the fundamental or the base of our business.

I think the reason on why so many newbie traders wants to start real trading immediately is because they think they are too late already from it. This is a wrong mindset. They should only be calm and patient because that will help them earn a better profit than if they will rush. TA's are always there but only for a person who is creative and knowledgeable.

Lukmanfirdaus1

member

Activity: 248

Merit: 37

hallo world ^_^

Maybe most people trade at a loss, so they choose to invest long term. I myself don't like trading, not because trading is gambling or not, because every time I trade I definitely lose, in most cases, I get momentum and profit several times, then I lose again. So now I have decided to stop trading, if someone says to use this analysis, some suggest that analysis, I have tried everything but still lose. so my current path is airdop and bounty, there is no risk, most of the projects are scams or don't get paid Grin

Xampeuu

full member

Activity: 1442

Merit: 116

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: Gladitorcomeback on February 18, 2024, 11:15:19 AM

Quote from: Best-mary on February 12, 2024, 04:37:03 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.

You are absolutely right and I think 60% users prefer free airdrops over trading even if airdrops give small amount but it's free and no risk of losing. I have joined more than 10 airdrops channels where number of members are more than 10k and except 3-4 member all other members just looking to farm free airdrops including ecosystem and exchanges airdrop.

I also prefer free airdrops because I lost more than 3k$ once in trading and after that I gives full attention to free airdrops and fortunately I made a very good profit from these events. Trading is fast way to earn but you need a very good amount so in case of losing you have a chance to recover.

I think it's because it's free and there's no risk that makes people choose to participate in airdrops, rather than trading. Most people who are still learning have to master complex knowledge, so that if they make a mistake they can lose until their capital runs out. but it is not uncommon for people to seek capital from airdrops to trade so that their psychological burden in trading is lighter

Gladitorcomeback

hero member

Activity: 812

Merit: 619

Quote from: Best-mary on February 12, 2024, 04:37:03 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.

You are absolutely right and I think 60% users prefer free airdrops over trading even if airdrops give small amount but it's free and no risk of losing. I have joined more than 10 airdrops channels where number of members are more than 10k and except 3-4 member all other members just looking to farm free airdrops including ecosystem and exchanges airdrop.

I also prefer free airdrops because I lost more than 3k$ once in trading and after that I gives full attention to free airdrops and fortunately I made a very good profit from these events. Trading is fast way to earn but you need a very good amount so in case of losing you have a chance to recover.

Z_MBFM

sr. member

Activity: 546

Merit: 309

Quote from: Nrcewker on February 16, 2024, 12:25:39 PM

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

cute nmp

jr. member

Activity: 1708

Merit: 3

Many people are scared of trading these days cause of the losses .Market situation is not favourable as before it's really hard to secure good profits these days one has to be extra careful with his funds to avoid loosing them all.

edy_58

member

Activity: 348

Merit: 29

Quote from: Natsuu on February 17, 2024, 07:19:18 AM

Getting into airdrops and crypto events is like a side hustle for many crypto fans. It's not about avoiding trading but a different way to make some bucks. You grab free tokens through these events and if those tokens hit it big, you're in for some profits. It's a bit of a laid-back approach compared to hardcore trading, making it more accessible for folks who want to keep things simple and diverse in the crypto game

Yes, taking part in an airdrop looks relaxing, but there are also those who don't get paid so they are lazy to take part in it and we have to really choose a good type of airdrop so that after it ends we can benefit from the prizes we have received and this cannot be equated with trading requires us to be able to analyze the market well in order to make a profit from the trade and if we cannot analyze the market well of course it will be very unlikely that we will be able to make a profit from the trade.

tygeade

legendary

Activity: 2086

Merit: 1058

Quote from: Inwestour on February 16, 2024, 05:06:22 AM

Quote from: Finestream on February 15, 2024, 04:17:22 PM

The reason that people are scared to trade because they know exactly the outcome if they pursue trading without prior knowledge and trading skills that are highly necessary to make trading outcome positive. Otherwise, if they only trade because others are telling them so, or they want to trade because others are making good income out of it, they will end up losing their capital and eventually regret their decision. It’s better to get scared and refuse to do trading than to compromise your finances and lose them all if you still continue to trade.

One could also ask why people don’t become doctors or programmers, the reason is the same, the only difference is that you can try trading on your own, but for other specialties you need to pass an interview to be hired. It is clear that if a beginner had to undergo an interview for a job as a trader, he would hardly be able to do this, but today this is not required, everyone can download the application and start trading. It’s not difficult to guess what the results will be for a person without experience and knowledge.

This is why trading is done way more than the other two examples. You can trade today right now within 15 minutes of deciding to trade, you can't do anything else like that as a job, no other way of making money can be started that quickly.

However, it is not easy to make money trading neither, you need to learn a lot of stuff before you are a good trader. Just because you can start anytime you want, doesn't mean that you will profit anytime you want neither. This is why it's quite important to realize that sometimes it is going to end up being a lot worse. I hope that we could see it grow bigger, it has to be something that will go up and down, so you need to learn what makes it go up and what makes it go down in order to be a good trader.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

To be realistic crypto trading is very hard and it's a lot of years of learning, personal sacrifices such as loss of funds eg liquidated accounts when starting to trade live, many years of learning chart patterns etc, knowing fully that crypto trading is very risky, I believe only few people would be able to undergo those pathway towards becoming a profitable trader rather they prefer other less tasking jobs even with less income alternatively hodling crypto is another less risky ways of earning money, infact many people who had switched over to other crypto related jobs must have once being a trader before unfortunately couldn't cope with it having lost their hard earned money through trading

irhact

hero member

Activity: 616

Merit: 749

Quote from: Nrcewker on February 16, 2024, 12:25:39 PM

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.

You're correct and also the bad market conditions has made many individual to not want to trade as the market isn't giving many profits nowadays. Altcoins has been falling while Bitcoin is rising therefore trading altcoins would have been a lost during the last few week. Many individuals are also not willing to take the risk of trading as they don't want to lose their hard earned money, they also don't want to go through the stress to trade and prefer to gamble always with hopes of winning.

Some good things to try for making good cash is investing instead of trading, if you do both it'll be good as investing and trading can give you good profits. When it's taking long for your investments to give you profits you can be trading. Many individuals don't also what to risk their money since there's many others ways to make money from the market as airdrops and bounties are giving individuals some profits.

Emarie

newbie

Activity: 3

Merit: 0

The market direction has really been unpredictable in the last couple of weeks and at such traders have lost a lot of money and right now people are scared to trade.. Some trades are waiting for the market to be more stable before jumping back on it

Natsuu

full member

Activity: 1148

Merit: 158

★Bitvest.io★ Play Plinko or Invest!

Getting into airdrops and crypto events is like a side hustle for many crypto fans. It's not about avoiding trading but a different way to make some bucks. You grab free tokens through these events and if those tokens hit it big, you're in for some profits. It's a bit of a laid-back approach compared to hardcore trading, making it more accessible for folks who want to keep things simple and diverse in the crypto game

armanda90

hero member

Activity: 1190

Merit: 599

Quote from: Viscore on February 16, 2024, 05:59:40 PM

People get scared from trading due to inevitable losses that were experienced by the early traders, or let's just say they have been losing in trading before and so the fear to trade again is irresistible.

Because in reality, no one gets scared without basis, most especially in trading where majority are losing and only few succeeded in their trades. And those who have succeeded in the end have lose their funds at first, but they're brave enough to never quit from trading.

Actually many people still get scared for trading because has losses experience before or reading the other trader history with how much their losses in trading, I think for trader if not get good mentality for facing risk they will always get scared for trading and keep on comfort position zone put their money in the bank.
Get more reading with how many people have been success in trading and earn much profitable, I think looking positive side and result achievement by the experienced trader make us motivate want to trade without scared yet. I know we can we cannot avoid losing positions when trading, but as much as possible we can get profits when trading even though we are once in a losing position. Make your freedom financial trough trading and don't make your self on comfort position aware with loss in trading.

BitcoinTurk

hero member

Activity: 1666

Merit: 629

Quote from: Best-mary on February 12, 2024, 04:37:03 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.

I think that the reason why many people are afraid of trading today is the bad experiences they had in the past and the bad experiences they heard from the people around them because many people especially in the cryptocurrency markets, traded unconsciously during the bull period. The fact that they engage in this market during the bull period and trade unconsciously, their dreams of becoming a millionaire in a very short time don't come true and the people around them lose a lot of money in the cryptocurrency markets cause individuals to be afraid of trading. Especially in periods when the market is very active, there are many individuals who lose money by using high leverage and have bad memories in trading which triggers these individuals' fear of trading today. Naturally, considering today's conditions many people don't want to trade and lose their current savings in trading.

To summarize briefly, it wouldn't be wrong to say that many people today don't want to risk their savings and are afraid to trade due to the bad experiences they had in the past and the people around them losing money by trading unconsciously. Of course, when this is the case, many people prefer to pursue airdrops and similar campaigns to earn money without using capital.

Sorryfor

member

Activity: 364

Merit: 33

There are very few people who are not afraid of trading. Trading seems more risky especially for those who make money from free airdrops, bounties. One thing is true for all that trading is definitely risky. Because here you have to trade using your own capital and there is considerable risk of losing money. In trading you analyze the market well and wait for the right time. You may have a chance to make a good profit by trading in the future. But you should trade with the fact that you may face financial loss instead of profit.

Mame89

hero member

Activity: 1736

Merit: 501

Quote from: lalabotax on February 16, 2024, 04:43:24 PM

I think it is not so difficult to analyze the market. People can analyze the charts because it is something we can learn. People who claim they have no ability in analyzing, they are probably lazy. Another thing that we must learn is about the fundamental factors. If we often to check the development of the projects, we can understand how to analyze this.

People who suggest to invest because they have no much time for trading. And they may be lazy to learn trading. But if we have the intention to succeed with trading, we must have time for ttrading. We can learn trading from any sources, so why we must be lazy. Wink

Correct. Trading can be learned as long as we are willing to learn and are not lazy. Moreover, we already have access to good information, so that what everyone needs to progress financially and in life in general is very easy to get in today's era.

How many traders fail because they don't want to learn and don't turn their mistakes into experience even though they have tried their best, but if you are lazy about learning to trade then you will not succeed and will definitely fail. . Trading is serious business and most people just try their luck as if it were a casino. In fact, no matter how many mistakes you make or how slow your progress in trading is, you are still far ahead of everyone who doesn't try.

GreatArkansas

legendary

Activity: 2506

Merit: 1394

Quote from: Nrcewker on February 16, 2024, 12:25:39 PM

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 c

And add also that the hype in social media seems gone and starting to slow down compared to previous bull markets where you will see a lot of people or influencers who are luring these new people to trade just to get some commissions or affiliates and end up losing their hard-earned money.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: Fara Chan on February 16, 2024, 06:30:14 PM

Quote from: Jascrypt on February 15, 2024, 06:46:15 PM

No risk no reward. success wouldn't come knocking if we always stay in our comfort zone. Trading event are always rewarding if your skills are good. My experience with KCGI was productive and will give this event a shot too.

In reality it is like that, because in any life, everyone who wants the benefits of a job must have the courage to take risks so that the rewards can come. And if there are people who think that any reward can come by itself through their comfort zone, that is a very ridiculous thought and completely unreasonable because basically everyone is trying to work to get a reward. Especially if your job is as a trader, who generally has to be able to read market opportunities and be able to choose the best assets to trade regularly.

definitely, those too scared to take the risk always found themselves in the same place despite so many years have passed their life not changing at all, striving for betterment of ourselves through taking series of risk is necessary since our mentality will also be tempered eventually.

risk is just part of being success, failing also part of being success, if we want to start from scratch we must accept the fact that we might be falling and need to start from the very beginning all over again.
accepting that fact will also make us courageous to keep trying and trying, if someone is so uncomfortable doing business that have much risk or at least investing and trading they should try to learn being an employee, get into that ivy league and build your career and get good salary otherwise, small opportunity of success.

Topic: Why are people getting scared to Trade - page 13. (Read 2985 times)