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Topic: Why are people getting scared to Trade - page 14. (Read 2961 times)

hero member
Activity: 1302
Merit: 516
Bitcoin Casino Est. 2013
February 16, 2024, 07:30:14 PM
#87
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.
hero member
Activity: 3038
Merit: 647
February 16, 2024, 06:59:40 PM
#86
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.
sr. member
Activity: 644
Merit: 350
February 16, 2024, 06:45:22 PM
#85
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 can say they choose to attend those events to earn money. because in these cryptos, there are many things to do that will make you money. So there are two things here: either those people that are attending those events to make money cannot trade, or they do not have money to trade, they are not ready to trade, and lastly, they did not choose to trade, or they could not take the risk in trading, so they chose to go to events organized by crypto exchanges so they could make money. However, if those activities did not bring them money and profit, they would have stopped it. Just know that those exchanges are advertising their company to get more recognition and customers, so after those events, they get more people.


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.

Analyzing the market will not be hard for someone who knows how to do it, because if you know how to do it, it will not be hard for you, but for someone who is struggling to learn, I believe he or she will find it difficult to analyze the market. Although fundamental knowledge is also important, that alone cannot solve a trader's problem; technical analysis must also be there to make a trader make money out of it.

Quote
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 trading. We can learn trading from any sources, so why we must be lazy.  Wink

whether trading and investment It is a choice if someone chooses to invest. It is not as if they cannot trade or they do not have time for it; it is just that some people don't really like trading, especially the type of risk that is associated with trading, so it makes some feel discouraged to trade.
full member
Activity: 1582
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February 16, 2024, 05:43:24 PM
#84
There are many reasons why people are afraid to trade because of their inability to analyze the market or a particular coin or the constraint that they are minimal with capital and are not ready for all the risks they face if they experience losses.

There are many who say it is better to invest much safer than trading or say the opposite, so when people already have the skills then they will dare to trade on the CEX exchange, but when not ready they are better off avoiding it.
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
newbie
Activity: 28
Merit: 0
February 16, 2024, 02:22:57 PM
#83
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


I think the reason why most people prefer participating on air drops and other crypto activities rather than trading is mostly because they don't have the knowledge of trading and they think it's very difficult task that they can't try atall. I thought thesame wen I first heard about crypto. It was the VIP groups I even joined then that thought me so many things am using now to learn trading.

And again I think capital to start with is always a problem especially for the new bies. The reason is they are always afraid of losing their capital since they are not confident on what they are about starting so they feel these activities could give them a start up capital.

The truth is those airdrops never worked for me rather they were wast of time to me and at times I even lost money on them because I wasn't making research and I fell for scam tokens. But I decided to start learning how to trade for myself since that's the best way to earn legit money without scam issues.
hero member
Activity: 1498
Merit: 785
February 16, 2024, 01:55:34 PM
#82
There are many reasons why people are afraid to trade because of their inability to analyze the market or a particular coin or the constraint that they are minimal with capital and are not ready for all the risks they face if they experience losses.

There are many who say it is better to invest much safer than trading or say the opposite, so when people already have the skills then they will dare to trade on the CEX exchange, but when not ready they are better off avoiding it.

Indeed, there are so many events on the trading competition exchange, starting from the newly listed token, the exchange will announce the token competition - whoever has the most volume will win it, this is not easy you must be ready to take this step.
copper member
Activity: 2268
Merit: 539
February 16, 2024, 01:25:39 PM
#81
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.
sr. member
Activity: 1004
Merit: 279
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February 16, 2024, 01:08:11 PM
#80
People are not actually scared to trade since they can always learn trading if they really want. But knowing the fact that trading is highly risky and there are possibilities that one may lose more than gain, then I think people will be more afraid to trade and lose all their funds. While others do not have equipped knowledge and strategies learned in trading and that made them not prepared enough to take high risk in trading.

Trading is for people with growth mindsets. Do you know what is a growth mindset? A person with a growth mindset is someone who is always eager to grow in life and when you have such a mindset, you are never afraid to try different ideas, especially business ideas. You will be ready to make investments and start businesses, and of course, only after doing enough research and understanding what you are getting into.
On the other hand, a person who doesn't have a growth mindset will be afraid to do such things. Such people will always rely on day jobs to spend their lives and they don't think of getting out of their comfort zone because they are afraid of loss and when you have such a mindset, you cannot become a trader because you won't have the courage the face the situations you might need to face when you are trading.
legendary
Activity: 2814
Merit: 1112
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February 16, 2024, 12:41:04 PM
#79
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.
Looking for airdrops with trading is different, both do not provide a definite income but the risk of airdrops can be said to be zero while trading is impossible to earn if you don't use capital or nothing is at risk so it is only natural why many are looking for airdrops and I am sure that by them looking for airdrops does not mean they stop trading or stop because of fear but because they know the risk of trading is greater, and airdrops when lucky will be able to get fantastic income even greater than trading because trading will certainly be based on the capital used.
legendary
Activity: 2996
Merit: 1188
February 16, 2024, 12:18:24 PM
#78
Just like the rest been saying on here is that if you dont really like on losing money then trading isnt really for you but if you are someone whose really that scared on taking up risks then trading is something that would really be testing out your patience and endurance about on taking up risks. You wont really be getting any possible income or money or profit if you wont really be taking any step forward.
This is why it would really be just that right that you would really be needing up to risks for you to earn money of course. If you do decide on sitting still then it would be your choice but you dont have the
chance on making money or having those profits. Sooner or later you would really be finding yourself getting jealous with other people just because they've been making money
while you are still just that the same. Somehow not all people would be risk takers and there are ones who do really love those safety methods or doesnt really take any risks.
Yeah true, people should not be afraid of losing money while trading. I get that it is going to end up with some losses here and there at times but that is just the part of it and we shouldn't really consider that as an issue. Get that we are going to end up with a good solution in the end which should be the best thing to do.

I believe that the trading world has losses, and being afraid of the risk means that you are not going to make much. If you are that scared of the risks, just invest into SP500 and keep making small returns, which would take decades for you to make a good return which you can make with a few years at bitcoin. This is why I try to do my best whenever I trade, and do not worry if I end up with a loss.
sr. member
Activity: 658
Merit: 280
Axioma Holding - Axioma Pay Crypto Card
February 16, 2024, 11:18:46 AM
#77
We all work less and harder to earn money and earning money is always a difficult thing so people are a bit afraid of spending money or doing anything with money. For those who have enough money to start trading with a relatively small amount of money is a very easy decision but for those who are middle class and those who do not have enough money but such a decision is difficult. Those who do not have additional financial support think about various things before trading, they think that if they invest money in the business, they may lose money from it or what they will do if they do not make money as expected after trading. Basically, a trader can't decide to trade very easily because of these things. But everyone who plans to trade trades even though it takes them some time to execute the plan.
legendary
Activity: 2128
Merit: 1775
February 16, 2024, 10:52:01 AM
#76
Why are people getting scared to Trade
Crypto trading is not as easy as we imagine, to make big profits in a short time, no, that's not the case, if you don't have full control over the trading knowledge you have, losses are already visible to your eyes.

That's why many of them are afraid to trade crypto, trading crypto requires good understanding to produce good results, trading is not as easy as turning the palm of your hand, trading crypto cannot be tried and tested, knowledge is needed to facilitate good results.
hero member
Activity: 980
Merit: 947
February 16, 2024, 06:06:22 AM
#75
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.
hero member
Activity: 854
Merit: 743
February 16, 2024, 05:35:04 AM
#74
I personally spend more of my time in trading. But I'm also still active in hunting for airdrops or some kind of testnet or whatever. Although I don't have big hopes from the airdrop. But I still remember that my biggest profit actually occurred not from trading alone but from several projects that held airdrops, many of which gave me profits that were even worth the profits I had traded for 1 month. So working on airdrops is more like a hobby for me. And to make a profit I stay in my trades.
But I also have an acquaintance who doesn't like trading but prefers to participate in airdrop prize hunts and such. He focused there and seemed to enjoy it. But he himself has another job that makes money. So it seems like he is only working on airdrops for a side business and fun. So it's just about choices and interests in life. It's not a matter of being afraid or not.

First of all, congrats that you are moving in the multi-dimension so that your growth is not dependent on the market path, but you've mentioned actively hunting the Airdrops, and have no hopes can I ask why? because airdrops are worth considering for those who have little portfolio in the crypto market, Airdrops have the potential to drive exponential gains for you sometimes free and sometimes based on the farming you've done.

Airdrops are fun with grater rewards but in trading, you need to be a fully disciplined and well-skilled person, with a sharp mindset, a person who should realize what decision can save him and what decision can ruin his all time earnings based on his risk management startegy.
Maybe you have misunderstood my words a little. Sorry if my language is not clear. What I mean is that I also have hope in the airdrop but not big hope. But just normal hope. Like we play games that produce results. So in that case, sometimes we also hope to get big profits from the game, but when we don't get big profits and only get small profits, we are not so disappointed because from the start we were prepared if we didn't get big rewards. or even we are also ready if we don't get a reward. Because we are ready for this risk. So when I entered the world of airdrops, I didn't have high hopes. But I only have small hopes. Because my focus is in the world of trading and I enter the airdrop just for fun and to fill my free time when I need refreshing when I start to get stressed facing my daily trading. Because being a daily trader sometimes has quite a high emotional burden. And I control my emotions with other activities and one of them is by doing airdrops or something like that. So airdrop hunting has become like a habit for me and like a hobby for me.
hero member
Activity: 2982
Merit: 790
February 15, 2024, 09:14:57 PM
#73
Is it because these "people" are afraid to trade or they do not believe they can make money from trading?
Because they just afraid to lose their money especially if something that involves money, people will think several times if it's worth it to actually pour their money into something that has potential to give you profit. But if we are talking about trading, people probably just too lazy to learn about trading. I have asked my friend if they are interested to do trading, they simply say no because it's too complicated and such, also they are afraid to lose their money because of their incapability to grasp the knowledge to start trading.
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.
This is  something that should be put up into someones mind that when it comes to risks taking then you should really be going outside with your comfort zone on which we know that if you do really just that simply
sitting still then you wont really be that progressive. This is why if you do have plans on making yourself way more better then you should really be stepping out into your comfort zone.Its had yes but you wont really be seeing those advancement or changes if you wont really be that deciding such thing. When it comes on getting scared then its normal since we dont like on losing money but there are ones who do love
on risk taking and dont mind about the risks as long they would be having those opportunity that they could make money.

For those who dont have that such courage on doing so then they would definitely be sitting still and would really be buying and holding it for long term. Profitability would really be just that
depending on how wise you do really make out such move and this is something that you do really need to do so.
jr. member
Activity: 87
Merit: 1
February 15, 2024, 07:46:15 PM
#72
Is it because these "people" are afraid to trade or they do not believe they can make money from trading?
Because they just afraid to lose their money especially if something that involves money, people will think several times if it's worth it to actually pour their money into something that has potential to give you profit. But if we are talking about trading, people probably just too lazy to learn about trading. I have asked my friend if they are interested to do trading, they simply say no because it's too complicated and such, also they are afraid to lose their money because of their incapability to grasp the knowledge to start trading.
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.
hero member
Activity: 3052
Merit: 606
February 15, 2024, 05:17:22 PM
#71
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.
hero member
Activity: 2814
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February 15, 2024, 05:00:48 PM
#70
Is it because these "people" are afraid to trade or they do not believe they can make money from trading?
Because they just afraid to lose their money especially if something that involves money, people will think several times if it's worth it to actually pour their money into something that has potential to give you profit. But if we are talking about trading, people probably just too lazy to learn about trading. I have asked my friend if they are interested to do trading, they simply say no because it's too complicated and such, also they are afraid to lose their money because of their incapability to grasp the knowledge to start trading.
hero member
Activity: 2072
Merit: 656
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February 15, 2024, 04:44:40 PM
#69
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.
Actually the answer is quite simple. Yes, because trading is not just being brave enough, being brave enough to take risks is not enough. Trading is something that is very high risk and requires very thorough preparation. In this case, there are several things that are considered why someone doesn't like crypto trading because of the risks. Trading is complex, trading can even become like gabling if we are not able to prepare carefully. We need good knowledge, good analysis in FA and TA, good coin analysis, mature emotional and mental control, as well as taking tactics and strategies that must be appropriate to current market conditions. So this is complex. And if you can't do it, why force yourself? Not because of afraid, but more because of reality and just being self-aware so as not to waste money.
hero member
Activity: 784
Merit: 568
February 15, 2024, 03:53:19 PM
#68

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.

Trading is a challenging, and many individuals find it difficult to generate profits from it always. This difficulty is a significant factor contributing to the dwindling attention towards trading. The prevailing sentiment is that people are losing money in trading, leading to widespread discouragement. The thought of the stress involved in conducting research and technical analysis, only to end up losing money, is daunting. Even those with extensive knowledge about trading find it challenging to consistently make profits.As such, traders have a widespread fear of losing money, which discourages them from urging others to into the trading community. Potential entrants feel apprehensive because of the ongoing complaints about the risks involved in trading. In light of these facts, it makes sense that someone might be reluctant to support an endeavor that doesn't appear to have much potential for financial reward.
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