Topic: Why trading and not something else? - page 3. (Read 564 times)

I am not a full time trader hence my answer couldn't be of much relevance since I don't it occasionally like part time which is not the right way of doing it but end objectives are same it's the profit at the end of the day and people are into trading for only two reasons one I the profit and second being they are their own boss as they don't have to go through this corporate slavery.

This is not only about choice, but also concerns the desires of every trader who wants to be successful in this matter. Because if it's just about choices, I think there is no guarantee for a trader to be able to achieve success in an easy way because apart from that they still need to see and try it after learning. They must also be able to decide the first step they should take when trading on what asset or on what stock exchange, because for successful traders they have certainly experienced many more moments and also obstacles in achieving this in the past.

By trading we can have a lot of information about the economy and digital currency issues and even technological developments which are currently being implemented in several countries. We can also control our emotions well because sometimes when we trade we don't always get a profit. Sometimes we are also forced to feel like holding on to assets when prices fall to the bottom.

I could not say I was a full-time trader but just a trader with years of experience, yet I won't spend too much time with this due to my hectic time allowance. But it is not a big deal for me knowing that I just do this for a part-time job.

Why did I choose this? Well, not new to hear that trading is profitable when we have the right skill and knowledge and I believe that trying doesn't make me die. Living in curiosity made me started and it was crazy when you are learning, you can really feel the eagerness inside. But because I have another job (my main source of income) I have to make it balanced and spend less time in trading to focus on my stable job.

As an individual, we must know what are our priorities and what are the things we need to focus on. We can have them both but not together at the same time. That is why we choose the best option that we think gives us more.

Trading is a skill and one has to learn the skill to be able to make money from the crypto market.
It is obvious that not everybody can trade in the market because some persons do not have the patience and the time to learn the skill that is required to be able to trade well in the market. Trading is fun and one  can make money from it if we have a mentor that would be able to guide us and help us with good strategy that would help us to earn from the market without much stress.

Most of the people want to trade cause they cannot sustain their life on just a single salary and their salaries are not enough so they first learn about trading in order to be a successful trader. But some traders come to traders without learning and trading becomes a risk for them so such type of traders are assuming that trading will make them wealthy so quickly but they are not good traders but choose to not trade after two or three consecutive losses.

Some people who learn before trading are getting extra income from day trading and their trading income is more than the salary which they are getting through doing a job. The goals of each and every person is different so trading can be used with different concepts but the outcome is just to get money in return.

especially for short-term trading, many people fail not according to what they thought at the beginning when they started trading. Most of them feel disappointed and only a few people survive to achieve their dreams. Therefore, for beginners, it would be better to do long-term trading and learn short-term trading, so that short-term trading can also be made into a long-term project, with the hope that one day we will become pro traders.

To be honest most people also that already tried trading are to make money, some are because they are lured by some personality on the internet especially social media that say "trading is easy", or "easy money".

But once you are already in the game, it's difficult to understand what they told you and what you think. For sure a lot of people can relate.

Not only can I depend on trading but the business also helps me stay financially viable and able to meet the needs of my family. There is a lot of skill required before trading I like to do sometimes, but it is important to remember that not all trading and financial speculation is unethical and many market participants engage in these activities responsibly and within legal and ethical limits. Regulation and supervision play an important role in maintaining the integrity of financial markets and ensuring that trading practices are fair and transparent.

People basically trade to make money and I am no exception. But I don't trade regularly sometimes I do sometimes I don't but when I trade Alhamdulillah I can make fairly good money. Those who want to trade or are new to trade must gain enough knowledge about trade if you don't gain enough knowledge about trade then you can't make good money from trade. In trading we must have a long term plan, if we can keep a long term plan and check the market then surely we will get proper success from it and new people who see us will show interest to trade. Trading Many big investors lose patience so patience is very important if we trade patiently then surely we will be successful traders in future.

Yes, trading pays more than your job compensates you, that’s why a lot are interested to trade and focus on it. But while trading will make you rich instantly, it will also mess up with your funds easily if you trade without knowing, that’s why always trade with caution.

I trade because I heard a lot have gone successful in trading and are now living comfortably. That’s my reason for joining trading, but I have no plans on leaving my job and focus on trading, that’s quite risky for me.

Trading so far does not only rely on knowledge and skills. We also need an important factor, namely being able to control the patience we have so that we don't make wrong decisions because we don't know what will happen when we can't control the patience we have. Imagine when you have Bitcoin or Altcoin but you can't control your patience to sell it at a high price until you end up making the wrong decision because you sell the asset too quickly at a low price.

No one can set limits for yourself but only you. If you can be a good and profitable plain investor, no wonder you can also be a good trader in the long run. Investing and trading is interrelated and is benefiting one another. Remember that investing alone does not make you profitable, but one should also learn to trade so he can make a good buy and sell and covert them with significant profits. It requires long term planning and preparation, the reason why some just focus into investing and hodling itself.

If you are capable to trade because you have the knowledge and skills, then why not? Trading could be an effective source of income if you have what it takes to be a potential trader, but since we all know not all trades turn into profits due to market uncertainty, you could always stay in your main job and still be doing trading as your side hustle. That way, you will have multi profits coming from reliable sources.

It depends on what one chooses to do . Some have lots of interest to become successful trader's they learn and put in the effort luckily some make it and some don't. Many are attracted to it because it can help bring in alots of income especially if successful in the field.

Why wouldn't it be trading? Imagine always being able to do and trade whenever you want as long as you have the setup to begin with. It would help if you got to do what you want in terms of IRL events in your life and trading might help you achieve that.

In terms of having free time, it would be hard if you are trading regularly but in terms  of having work, you would have a hard time doing it. You probably need to get tools like Gunbot.

Long-term investing - you need huge capital for getting returns that could impact your life.

Mining - requires huge capital as well.

Trading - Accessible, anyone can start with whatever money they have and trading has always been a things so it's obvious that most crypto users can't afford other methods than trading even the investors like to take their chances with their capital with short term trading more often.

I trade because I expect to profit more than what I get from my job. Of course, business is not just like we simply think it is easy to manage. If you don't have money and managing skills, that is hopeless. But aside from that it is my curiosity. Although I can't say I was a successful trader however I could say that I'm doing it well, enough to cover some of my expenses. But I know this won't be forever, of course, I am looking into something that gives me passive income.

I feel like the second reason seems like more towards the reason. I mean honey pot could be found anywhere if you really look for it, can you make and sell shirts and be a billionaire? You will feel like you can't, but the richest man in the world started that way. Can you just open up any website you want and be a billionaire?

There are few of them, do you believe you can be one of them? Just because it looks easy or honeypot-ish doesn't mean it is, this just feels different. You just sit at home, open up your exchange, and start trading, it is a way of making money for sure but it also feels like it is a hobby for a lot of people as well, just like playing a computer game or watching a movie, we have fun doing it.

Basically I will say that the reason why some persons venture into trading should be as a result of they need money, because the information of someone who is not a trader obtain before going into campaign should be as result that venturing into trading will make him or her to make more funds, so such information is what that trigger people to ensure that they have participate in trading activities or functions, that's while you seen many people who is into trading that lose most of their funds everytime its as result of information they heard that excited them and that pushed them trading without understanding the procedures of trading.

when we look at the way information of trading comes to ear mostly the profit everyone would like to be a partake of trading, the excitement and curiosity of people in trading is what generate traffic in trading, mean while if you obtain skill of trading and know the rudiments of trading I don't think you will be able to make a profit, let forget sugar-coated language and testimony of people towards trading and focus on the real reality and conceptions of trading.

indulging in trading that have not guaranteed for someone to say he has arrived, in normal circumstances trading should be a side Hustle because it has much risk involve in it, in which you may run out of luck and market come against you and you lose whatever you have achieved already, so I agree will your suggestion, at least a trader have to engage in other works knowing that trading can disappoint you because is not sure that you will be making profit consistently in trading, so have a diversification of jobs so that you will not be cut of life soon base one you are depending on one area of concentration.