Why are people getting scared to Trade - page 15.

irhact

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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.

Some individuals are trading and also participating in the airdrops to make more money. There are many individuals trading and this is the reason why the market is very active and volatile, if there were not many traders the market would have been stable but it is not. Some new individual joining the market haven't started trading as they don't understand trading yet but when they understand it, I think they'll begin to trade too. Some individuals are holding instead of trading and this is good.

Trading is risky when you don't know how to trade different crypto properly also when you don't know how to analyzed the market to make accurate predictions therefore I won't advice any individual to just start trading without learning how to trade properly. Airdrops are a good way to get capital that you can use to begin trading and many individual are participating in them to get money so they can start trading.

nara1892

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I would not say that someone is afraid to trade but rather that they do not have the courage and are not mentally prepared to take risks, we must understand that in any case the risk will always be there and this applies in real life and not in the world of trading alone, when you are afraid to step up then there will be no results you can achieve, on the other hand people who succeed are those who dare to get out of their comfort zone and have a strong determination to step up, failure is always there but you will be able to develop and succeed when you are able to get through all the difficulties and failures in whatever you do and this is what people who succeed do.

Just like in the trading world, you will be able to benefit when you dare to take risks, and you will be able to get it when you are willing to learn and go through all the processes for the sake of progress, we must understand that making money is difficult and means that it requires struggle to get it, and maybe I would say that you will never progress in life when you are too fearful without trying at all.

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Quote from: Ziskinberg on February 14, 2024, 05:15:35 PM

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.

thats true, people are not afraid of trading they just afraid of the risk accompanied and think that the risk is too much for them. even more so with trading of big capital amounting to millions its not gonna be simple feat.
trading is only suited for those that willing to take risk for the sake of growing their capital because we definitely can be losing 100% of our money in just blink of an eye remember when market suddenly falling down because some company collapse so many people that trades derivative are losing their money by significant amount.
thats why people always consider trading to be adding unncessary risk to their portfolio but honestly thats just some people, because seeing from the fact that in exchange the trading volume always reaching billions, that means people are actively trading despite the risk involved.

mirakal

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First and foremost, they don’t have reliable skills and strategies that will make them profit from trading. So most likely they don’t want to take the risk and see their funds consistently losing. Second, most of their friends are losing from trading, so the eagerness to trade might be lessened. And lastly, they don’t have sufficient funds to start trading, and if ever they have, they are not brave enough to risk their hard-earned funds.

However, we can’t really push someone to trade just because we want them to trade. And it won’t give assurance that while others are profitable in trading, the rest of the traders will be profitable as well. Of course, our perspective in trading differs as well as our knowledge and skills, so it’s normal to see different outcomes when trading.

Distinctin

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Quote from: BenCodie on February 13, 2024, 05:20:14 PM

Times are different to that of years ago. Classes have shifted, the wealthy have gotten wealthier, while lower classes have gotten essentially poorer. The same goes for the middle class. Those who take risks might not be where they were years ago. Some might have succeeded though more would have contributed to the wealth of the Crypto "elite" class which were not as dominant in the past.

In turn, there are now opportunities to rebuild capital from things like airdrops and events. People might be less interested in investing and trading, due to their bad experiences in the past, and more interested in working to try and build their capital...especially if there is a chance of that work growing 2, 5 or 10+ fold in the future.

People will never easily develop some fears in trading if they don’t have past bad experiences on that, or that their friends have lost and ruin their finances because of trading. So instead of jumping into trading, they might feel hesitant and even become less interested to trade since there is high risk of losing, and if you are still not good enough, you will never win in trading. So why do they have to risk losing their funds when they can resort into hodling alone and increase their earnings. But for those who are really passionate to trade, I guess they won’t mind those initial losses until they start to feel that trading is not really their fate.

Ziskinberg

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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.

Assface16678

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Quote from: goaldigger on February 14, 2024, 04:37:31 PM

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.

Exactly, most of them are not scared they are not just confident about trading due to limited information or knowledge about it. It you are going to trade, you have to be more physically, mentally and financially fit because the stress here is not a joke and you have to take this seriously as you are trading with your own money. Those who scared to trade are those who have less knowledge about it, but once they started to understand and learn it for sure they will love to trade more as it provides good money most of the time.

True, not all investors in crypto currency are meant for trading; some find their comfort in other things or fields of investment related to crypto currency. It is not that they are scared; just not all are meant for trading. Trading is a very complex thing wherein it will take your time and effort to do it efficiently; if not, then expect no great rewards. I happen to be knowledgeable about trading, so I sometimes do it. While I also do holdings and think of participating in airdrops, I have participated in airdrops in the past, but all of those projects didn't last long or were even unable to launch. So airdrops are also compliant because you will need good research skills in order to discover potential projects or tokens. So yeah, not all can do both airdrops and trading; some focus on one thing only, and mastering is one of the good traits.

RockBell

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Quote from: BenCodie on February 13, 2024, 05:20:14 PM

Times are different to that of years ago. Classes have shifted, the wealthy have gotten wealthier, while lower classes have gotten essentially poorer. The same goes for the middle class. Those who take risks might not be where they were years ago. Some might have succeeded though more would have contributed to the wealth of the Crypto "elite" class which were not as dominant in the past.

In turn, there are now opportunities to rebuild capital from things like airdrops and events. People might be less interested in investing and trading, due to their bad experiences in the past, and more interested in working to try and build their capital...especially if there is a chance of that work growing 2, 5 or 10+ fold in the future.

i think only newbies are the once getting scared of trading if not for what you have been doing a long time you are not suppose to be scared for someone doing it for long and the rich is still get richer because they have continue to use there principle of solving social problems, and that is one of the reasons they are getting richer and it is very hard to just start up a business now and you start earning from it, because the world economy is changing and the and business are crashing just because of some untreated factors and it is not the investors fault but too many issues.

And bossiness this days is luck and if you lucky even when people are complaining about how bad the economy is people are still making money out of the bad economy and making money from trading wont give you much profit like holding and now people are trying to use any opportunity they have now to make money.

goaldigger

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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.

Exactly, most of them are not scared they are not just confident about trading due to limited information or knowledge about it. It you are going to trade, you have to be more physically, mentally and financially fit because the stress here is not a joke and you have to take this seriously as you are trading with your own money. Those who scared to trade are those who have less knowledge about it, but once they started to understand and learn it for sure they will love to trade more as it provides good money most of the time.

yudi09

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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.

In my opinion, the most obvious reason why people are afraid to trade is because the expected profit is smaller than the loss obtained. This reason is strengthened by not having adequate knowledge about trading. They also can't afford to think every day about technical and fundamental analysis, so it's not wrong if the people you mean are willing to spend time involved in airdrops that don't require them to spend money.

terrific

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Quote from: Best-mary on February 12, 2024, 06:06:57 PM

Crypto is just a jungle that has a lot of risk regardless

And just like in the actual jungle, there are traps and beasts that might devour you. That's the same here, you'll never know if it's going to be on your next step.
Or there are wild beasts that are watching you just like the term we use about the whales buying those sold cheap bitcoins due to panic and they're the ones devouring the weak hands(animals) on this jungle.

Franctoshi

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Trading involves profit vs. lose, and base on historical data available, 95% of traders lose money in trading and that makes it look so scary for people who want to venture into trading to dive in. On before now, future trading was meant for institutions because it requires huge amount of money to participate, such as Bank and hedge funds managers and not for retail traders, but the brokers made it easy for retail traders to get involved by introducing what is called leverage.

To be honest trading requires participants be financially stable before you should get involved, a lot of people are trading with the mindset of becoming rich overnight and aren't patient with the market and trading set ups, that's why they end up losing.

stomachgrowls

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Quote from: Questat on February 14, 2024, 09:25:18 AM

They are not just scared but it is obvious that they lack of knowledge about trading to gain courage. It was a big mistake to get into something that you never knew well as it was just a suicide. I could understand why people are afraid rather than appreciate those people who traded even though they were not prepared.

Trading is a choice, not an urge. So we don't get shocked if someone ignores this because they feel not comfortable doing this knowing that they are capable enough. It is better to be safe rather than take risks even knowing that just have a slim chance of becoming successful.

You wouldnt really be having that courage if you do lack knowledge on which it would really be just that normal but on the time that you do have that at least the idea then for sure you wont really be that be afraid
on trying out to thrive on doing trading. Fear or having those doubts then it would be normal but if you are really that having those plans on engaging into it then its better that you should really be doing the basics.
Fear is normal but once you do able to make those learnings out of those experiences then time will come that confidence would really be build up.

Trading is never been that easy but not something impossible for you to learn with. So it would really be just that normal that you would be able to experience
those losing money experiences and this is where you would really be learning and in next time then you would really be making those kind of adjustments.
So it would really be just that better that having those kind of acceptance and being that versatile.

Questat

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They are not just scared but it is obvious that they lack of knowledge about trading to gain courage. It was a big mistake to get into something that you never knew well as it was just a suicide. I could understand why people are afraid rather than appreciate those people who traded even though they were not prepared.

Trading is a choice, not an urge. So we don't get shocked if someone ignores this because they feel not comfortable doing this knowing that they are capable enough. It is better to be safe rather than take risks even knowing that just have a slim chance of becoming successful.

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Quote from: Ahli38 on February 14, 2024, 07:34:53 AM

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.

Ahli38

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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.

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Quote from: famososMuertos on February 13, 2024, 06:28:06 PM

I understand reading your edit that you already have an idea of fear...

I think it is not about fear, it is always something normal, no one wants to lose money, but when you manage to stipulate the loss as a stimulating factor to stop being afraid, it is the way to turn that fear into a profession or being able to trade.

Overcoming fear is just the beginning, it does not guarantee success...

That same situation, whether successful or not, in commerce, leads you to various "opportunities" among those you mention, the airdrop, etc. Then you simply decide what you want to do, but no matter what you do, one way or another you end up trading.

I agree most people doesn't want to lose their money but want to keep in profit in trading, we know that thing is impossible because anything can happen in trading especially when we trade altcoins which the risk is more bigger than Bitcoin. to overcome our fear and making ourselves ready to lose is using money that we can afford to lose because it won't burden your mind when we losing at trading tho. Many new traders entering crypto market just want to earn lots of money without realising the risk behind it, in the end they start with minimum knowledge.

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Quote from: Botnake on February 13, 2024, 05:50:16 PM

The only people who can say that trading is effective are those who are now living their success with trading. While others continue to believe that trading is ineffective until they find out on their own that it’s way more profitable and gives fulfilling profits for those who are capable to trade.

However, for those who have not yet achieved what it takes to be a reliable trader, then it’s normal for them to get scared with trading since that means trading without prior knowledge and skills will result into unstoppable losses and regrets. And most probably, some would fear trading since they don’t have the sufficient funds that they can start up as capital, and are still afraid to lose their small, budgeted funds.

Most traders that really mean business know how to navigate through the world of crypto and earn from all sources available to them, obviously those are some of the ways they can recover their losses. Many traders will not tell you that it wasn't only trading that gave them the success they are enjoying now. Rather, they learnt to diversify early and are earning through;

crypto lending
Staking
Airdrops
Crypto games
Mining
Being members of Cryto related forums like Bitcointalk forum where they join signature campaigns and earn
And even Buy and hold which is very common

Including many other sources not listed above they can earn from. This is just one of those secrets successful traders won't tell you about, every amount earned from Cryptocurrency is significant no matter where it is earned from. A successful trader's earnings are not limited to just trading alone.

famososMuertos

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I understand reading your edit that you already have an idea of fear...

I think it is not about fear, it is always something normal, no one wants to lose money, but when you manage to stipulate the loss as a stimulating factor to stop being afraid, it is the way to turn that fear into a profession or being able to trade.

Overcoming fear is just the beginning, it does not guarantee success...

That same situation, whether successful or not, in commerce, leads you to various "opportunities" among those you mention, the airdrop, etc. Then you simply decide what you want to do, but no matter what you do, one way or another you end up trading.

Bravut

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In my view, people are scared to trade because of the fear of losing and allowing there emotions come to play, being over conservative about ones trade do affect it too.
Studying and also listening to Trading talks will help a lot of traders who are having such issues.
Traders should also level down there expectations and also know that losing money is part of the process but with right approach(strategy) it can be reduced but not eliminated.

Topic: Why are people getting scared to Trade - page 15. (Read 3003 times)