Topic: Why trading and not something else? - page 4. (Read 590 times)

Literally speaking, we can actually get a profit from trading. But you must have knowledge in trading, because if you don't have it, you won't be able to get good earnings in trading.
It's like you'll be relying on luck or chance, which is not a good style.

Traders who get a stable profit in trading have a broad idea or knowledge, because through this they will be able to keep getting earnings for sure every time they do a trading activity
in crypto trading.

I already had the some little idea of trading, a long time ago but then, I thought it was very stressful, so I never put any concentration on it, until I saw one of my friend earning almost every week without going to any offline work like working for government or any Manuel work, so I had to ask him the source of his income which he did told me that it's online work which is trading, I was so shocked and wonder how he did it? If it wasn't stressful and he replied that it is all about dedication or self determine. So I took up the courage to give it a try and now, I'm very happy and I don't regret my decision of giving it a try, I prefer trading at my comfort zone instead of working offline.

Trading require knowledge which you need to acquire before going to crypto trading, because once you have the knowledge, you can make a good choice to embark on long term trading, which is the most favourabe strategy traders use to make income from their trading. Majority of traders join crypto trading for income purposes, because they know that you need to invest what you can afford to lose, and once you have such idea it will make you to be bold to invest what will make you to create more time in your crypto trading to ensure good results are coming out the way you want it. If you don't have the capital and knowledge of crypto, you don't need to force yourself than to look for capital and knowledge first before you can start searching for a good coins to invest and hold for bullish season to come before you can trade to make income that will satisfy you.

well, we know that trading can give someone huge profits, so, it is very natural for someone to try it. However, the aim of trading is definitely to improve their finances, so with that aim I also try to trade until now. Anyway, this all started when I discovered crypto. This happened naturally and led me to trading. Furthermore, I learned that through experience, and reading references in various places. Even though I'm not good at it, my goal is still the same.

As we are aiming to have other source of income, some traders find this one as an option and some succeeded on this while the others are still at the beginner phase. Choosing trading for me is a wake up call because i’ve learned a lot from this market alone and trading makes me more responsible and forced me to keep on learning because trading is not that easy.

Yes, it doesnt matter on which one you would really be that tending to deal with on which as long it do really first out with your interest then this is something that will really be that you would gonna tend to do on which this is really just that normal. We've seen trading to be an other potential source of income if it would be done well but of course this kind of skills isnt something that you could really be able to learn up on a short period of time. The main mistake of some people is that on the moment that they've seen someone that making huge money then they would really be gonna tend to make out some involvement or engagement even if it means that they do lack up with that sufficient knowledge and experience on which it would be causing up for them to lose up money.

The only reason why people venture into trading is to make quicker profit that investing and hodling cannot give you for a very long time to come even after investing in them. Trading is a very risky way but if you’ve perfect it, your wins will supersede your loss and that will make you be profitable and not perceive that you’re losing anything in trading. With the benefits attached to this trading, some people don’t still see it as a passive way of income because of the high risk attached to it in the early days of a beginner in trading.

The choice of people will still differ though, but one thing that makes it all worthwhile is the fact that it is been ventured into all for the purpose of profit making. It is now left for the person to decide the one they can handle and be able to contain even when loss approaches in the process. Due to the uncertainty of trading, some people see it and take it as part time jobs, while those that see the more brighter perspective of it take it as full time jobs.

The major reason why people get into trading is as a result of making profits.Trading is a choice people make,just like you said there other means of earning in the crypto ecosystem e.g mining, investing and airdrop,in the crypto ecosystem crypto enthusiast are aware of all these means of earning but they decide to trade their coin on daily to make quick profits and to add up to their source of income as it wouldn't be nice to rely on only one source of income due to the economic instability in most countries.Trading can be classified as a source of income but on a wise note it wouldn't be nice if a trader rely on trading as an only source of income because the chance of losses and risk is high in trading.

In running any business, whether it's trading or a traditional business that can make money, it's not easy to make money in an instant. We need to start a process that is not easy and requires quite a bit of time. We sacrifice all our time, energy and patience for all of this. Maybe in this case I prefer traditional business, even though I spend a lot more capital, I am more confident in this field than I do in trading to get my additional income.

If you go around asking everyone what they do and why they are doing it, it will take a lot of time man. I mean we do something because life takes us there, it is as simple as that. Also most of the traders do not just trade alone, I do long term investment and also trading, plus I have a full-time job that I work at everyday, so I do all three of them. Just because you are trading that doesn't mean that you can't do the other parts, you can make money all kinds of way at the same time.

I think it should be something that will take a while, we do not need to worry about anything at all. The best thing we have right now would be realizing that destiny is the only reason, because life just happens and you are the viewer from the best seat in the house.

If they want to make money, they will definitely look for opportunities around them. And if they see that trading can be one way, they will try it and start learning. No one came up with the idea but maybe there are people around them who have tried it and succeeded in making money. A wise person will look for what they want and try to get what they want. Even though it is difficult, they will continue to try and take it as a challenge and will not stop before they can get what they want. Many people start trading to earn extra money but many don't want to learn and just use shortcuts. Unfortunately, it did not provide big profits for them but instead experienced losses in trading.

I needed extra money and even thought that trading could make me rich. But on getting to it, I discovered that it's not as practicable as preached. Nevertheless, I am still trading today, but the change of mindset I have now is that I can't magically get rich through it but I can still earn sustainable passive income through it.

Your question is not so clear, nonetheless, the main reason why I am trading is because making money through it is easier.

Trading was introduced to me by a friend but it is my sole idea to give it a try.

Like I said earlier, I started trading because of the money-making possibility in it. But I wonder if anyone will devote their life to it for an honourable purpose, it is all for the money.

Same reason that could have pushed you towards doing something else with some minor additions could account for having decided to go into trading. Some of those would be,

It’s where the honey pot is. Place a cube of sugar on your table and be sure to find ants gathered around it in minutes. That’s what trading has come to be. Though crypto trading might be relatively new, the idea in FX trading has been kn existence and many draw inspiration from there.
Cryptocurrency trading happens to be one place you could really make a fortune from your trading skill, multiply your finances by that and that X in no time if you are skilled but, not without its risk too.

Another reason is because, you can do this remotely, full time and grime anywhere.
That’s another reason that motivates traders to come into the field. It’s something that you can decide to do from the comfort of where you can find comfort.
I’m a world where people are looking for add on streams of income, trading offers some relief.

Just let those people do learn up lessons on their own because on the moment that they would be having those kind of beliefs or things that in their mind then they would really be that definitely do it no matter what not until on the moment that they would really be experiencing those shit conditions or situation on which they would really be able into. Some people i've known do make trading as their last resort or chance for them to live on after have left or resigned their job just because they do make out some initial trades and win up or make money with it and ending up on resigning their jobs. Sounds no real? There's someone who i do know which did make out that kind of absurd decision on their lives on which on the moment that they've seen that trading isnt really just that always give out that sure profits then this is where realization would kick in.
Why trading and not something else? This is something that  you could really be able to get engaged with without going into some office and fight with some traffic because of commute or having that hassle on waking up early and dress up yourself to go into the workplace on which trading is something that you could really do without depending or following someones orders or simply you are the ones whose the boss on here.
The only mistake of some people is that there are newbies who do rush out on making outright decisions and make out some conclusions that this is it, on which something that could make them rich or even thinking that it is really just that an easy way to make money. It would really be that good that you do make it as a side income and on the moment that you do saw that you are constantly or having that kind of good winning rate or simply profitable then this is the moment you would be considering on retiring or leave your job.

I believe that when you trade or invest, it's always accompanied by a new learning just as these two things. So, if you are an investor, then in the long run you will have to learn about trading. And if you are a simple trader then you'll get to learn more about investing.
We're not stagnant and we're going to learn more things in finance such as the crypto market and these things of investing and trading. If you are going to ask why trading and not the others? because we've got the basics of it as buy and sell.

Most aggressive traders decided to do this within a day because they're more hungry for profit, they didn't know risk is present during this certain situations. Unlike with long term holdings, you only value the patience and efforts you have as well as emotions. With business also it needs physical effort of doing it, there's a lot of overhead expenses to consider. That's why lots of individual prefer trading as their ways of maximizing money freedom to earn.

Not everyone has good skills when trading and there are times when those who have learned are not able to survive to continue. Trading is indeed more speculative because market conditions change so quickly that it forces people to understand how to do it. This is what makes it difficult for people to learn how to trade consistently and differently when they are involved in long-term investments.

Trading can indeed be learned if someone has consistency, but there are not many opportunities that can be exploited if someone does not have the ability to analyze. Many people fall into the trap of making money quickly and they don't understand that the move never exists. I also experienced times like that where I thought about getting money in a short time but I never achieved it.

Well, as I do crypto currency stuff of course I will stumble or notice trading and when I first say trading I saw that many people are becoming successful and that's through advertisement , so I become curious with trading crypto currency that's why I dig more deeper in trading and start gathering knowledge and when I decided to try trading I start with trading altcoins and not bitcoin right away, and of course at first or early in my days I frequently losing the trade but I didn't give up and see what I'm lacking and that's the knowledge, skill and experience so I slow and slowly developing those things and now proudly to say that I can trade alone and profitable and thats because of my hardwork and not giving up. So why trade? Simple: it gives me a lot of opportunity, and it makes me develop new skills and traits that I could use in different fields.

Due to curiosity and the belief that this is a good earning opportunity, I've tried. I can't say I was wrong because despite the struggle, I still managed to earn some but just to say, we can't expect that much like other people are thinking. It is to find out that trading is not an easy job and due to the market condition (volatile), we can't rely on this as our source of income.

I didn't think about business at that time, I didn't have interest yet because what was on my mind was a way to make money fast and I heard it from social media. Well, I just try and find the reality behind those promising and attractive words.

Why not trading? The fact that it can provide you exceptional profits in the long run, so I think it’s really a must to trade if you have the potentials as a trader. Although I don’t start trading right away even though I have the passion to trade, but you know when your main job is not providing sufficient income anymore, then you’re back to thinking to pursue trading this time and hopefully make it big in the end. But never leave your job for the sake of trading, most especially if you are still learning the process, instead develop your trading skills and strategies so that you can consistently make significant profits apart from the salary you receive from your job.