Bitcoin Forum

I think the best traders are people who create something with their work and sell it that actually has real world use.

https://hikingorg.files.wordpress.com/2016/08/farmer-with-wheelbarrow-meets-banker-with-money-wheelbarrow-illustration-by-frits-ahlefeldt.jpg
https://twitter.com/ThugLifeBlazer/status/1127742824806539265

I cant understand what you mean with this, traders success are depend on the coin situation if the coin has something to do essentially in the market then it is better for trading. You cant look for the best traders because they are silent all the time because they know what they are doing and they dont need anyone's opinion for the success.

There is traders all over the world, most trade something from nature for money (trees, oil)
Some create there own creations to trade (farmers,artist,wholesalers)
Some traders buy other peoples creations and trade (stock market,retailers,btc/fiat trading)

Who are the best traders I meant.

Well of course when you say best trader those are who are gaining money from what they do. Be it in crypto, stocks,  wholesalers, oil and anything else. All traders only have one aim it is to gain from what they do or trade. So, I guess the amount of what you gain from your trade defines who the best is.

Traders that make the most money out of the three. So you can't really compare them and say who is the best. Also you need to factor the way they make money, do they really enjoy their work?

So it boils down to attitude as well. Look at Warren B. he is one of the most successful traders out there. So it's very different though. But for us, average joe, it boils down as how much money we can squeeze and how it will be for our family, specially bringing food in the table.

Well, of course, the best traders are those specialized in trading, not those that create something with their work. Because the latter are not specialized in trading nor have they learned how to do that. So if you ask who the best traders are, the answer is clear: those who work, for example, in hedge funds, those who work in prop firms, and NOT those who live off of their manual or creative work. That's the reality of these things. 

The best of any profession are those that create value in life for everyone,,, and not just value that they made up, but real value people could have used today, as they could have used a hundred years ago and a hundred years from now.

Traders are in it for themselves, this is all I can say and even as myself a amateur trader can admit everything is only of value to myself and not to the community.

But the best ones, what is this specifically? Best in making profit? Best for community? Or best for economy?

Best traders know what to trade and when to trade wither buying or selling,sometime both needs to be done to make more profits.In crypto currency who are making profits even in the bearish market can be called as best traders but no one is perfect because we are not the only one deciding what is going on at the market.

Basically, the best traders are the ones who manage to complete huge trades without affecting the market by choosing solutions like OTC platforms etc. They complete their trades and look out for others which is great trait and who I consider the some of the best traders overall.

There are other kinds of great traders too depending on how much profit they earned and how much they lost.

Is that he called as the creator of the product rather than traders? I can't agree with it. Traders have a lot of meaning and you can't define that just only based on that opinion. When i try to sold e stuff to others and can't i be called a trader?
The trader will depend on what he means about that dude. anyone has a different opinion. When he called them all as farmers and i can they are all traders.

I agree the best traders are those who could pull up some profit even if the market is falling ,
We couldn't know who is the best trader because we have so many great traders not just in crypto but also in other stuff in real world.

Yes , they are those with the skills to continually make the market profit them, they keep making profit both in cryptocurrency, forex trade and down to the street sellers. For the street sellers, they also know when to stock up and sell off before price crash.

Correct.

They are really better than stock traders.
They can go way cheaper just to buy the fruits of a tree and then sell it for a larger price in the city.
Country people are used to this kind of trades and bartering. They know how much worth food could be or anything that could be sold in their farm.

We as fiat traders do not go that far. We trade numbers only or token in crypto currencies and yet we dont really have an idea what value could it have unless the market booms.
The fruits market could easily be told. It just depends on the weather or the time one fruit will ripen or bloom.

I know this because I use to have a vacation and stay with a mango dealer and also buyer of fruits in a tree. (just the fruits)
They could like 10 fold of their capital after sell.

That's right, bitcoin and fiat really can't be connected or even they are not on the same side. It's clear that bitcoin will never be able to replace fiat because fiat really is still needed by everyone in this world.

IMO opinion, you are partially correct if we see what you have said in depth.
There are none who can be claimed as the best sellers.
Even if satoshi will trade then he will also make losses.
The only thing that can save you from getting losses are your presence sense of mind.
Hope you get what i am saying.

I don't make such a distinction. All traders are good for the market. There is a symbiotic relationship between commodity traders and commodity producers. Traders provide liquidity to the market and they also assist in price discovery.

Without a liquid market for coffee futures, a coffee farmer may be unable to hedge the cost of his farming operation. Traders speculating on future prices provide that much needed liquidity. This applies to all forms of commodity production, including Bitcoin mining.

I guess we are the best traders ever and no one will be because we could still try to trade no matter how hard our situations because we still want to make more and more profit.
The best trader will know when the time to enter the market, he can know how to analyze the coins and the market, and he makes a decision related to the situations.
The best trader will not say that he is the best trader because it will make people chase him and want to ask about his methods.
He feels better to keep silence and not telling other people about his trading skills so he can trade without any problem.

Best traders are basically those who are gaining a good profit through it. We all have our own strategies and no matter what these strategies are, we can't say that we got the best if we're not really earning enough through trading. The best traders are also those who know how to deal with the volatility of the market and has the willingness to wait.

Next to being indubitably a "for profit" endeavor, trading has also a lot of real life benefits for non trading actors as well,

such as liquidity and price discovery, both of which are essential elements of a strong economy and financial activity.

A trader is a smart person who sells, buys and gains at different prices at the time he decided, using strategies, technical analysis, plans, ideas, and his creations in order to achieve profits, Any person in the world can become a trader when we say to someone that he is one of the best traders, This depends on his skills in trading, his knowledge, his experience, his desire to work and the amount of his profits.

The best traders are those who have great knowledge about trading, those who can make decisions soberly, not in emotions. Those who can earn as much as they want.

The trader is definitely a very smart person who knows how to make decisions in his favor. Such people achieve great success and have a lot of money.

When we mention the word trader it means someone who buy and sell goods. But there is a difference when we talk about online trading, for example forex, binary and cryptocurrency trading. These are different from what you think, and they are all traders.

The difference is that these ones are buying actual products and selling them to get money, while here what traders do is buy and trade cryptocurrency, though it's still the same cause it still has to do with buying and selling. So what you're saying is of no use, there is nothing like the real trader, they are all the same.

The best traders are normally earn good profit in short term at the same time they loose the investment also but they are all good experience in trading platform so anytime they will achieve the profit. But some persons loose the continuous improvement of trading so all the decisions are never come success in this platform.

That is the bottom-line of successful trading in the crypto market. You need to be as quick as a fox. A trader would either trade his assets for small quick profits or he will take long time and would rather prefer some good profits over the short quick profits. I believe the best trader is the one who would be able to bring down the cost of investment as much as possible.

Not possible for everyone to make profits when someone is making profits there maybe someone is in lose this is how the trading works.One who can learn from mistakes and nourishe them into a better person on the activity compared to their previous activities on the scame thing then they are the best  traders.

For the common good, I agree with you, who provides great benefits you can assume that people who create something to sell like farmers have far greater benefits to all of us, they don't harm anyone, instead they provide needs that can be used by many people. while like traders nature is like an oil entrepreneur they can manipulate the oil market for their own benefit, and harm the small people like us

This depends on the context of each person who wants to see the trading, in my case I see it very different, I see trading not as a way to enrich myself, I see it as a business, that every time I can make more profit percentage, because there are many They have profits and do not take advantage of them, they only use it to continue trading.

In my case due to my reading with some books autores like Livermore, he always advises that the profits in Trading, should be distributed half to stay in the market and the other half to spend it at ease to see the fruit of the work.

If you do not see the gains in physical does not make sense all the work that takes place. From here, I think that the market should be analyzed and the profits allocated to what is really wanted to be achieved in life. There are many who think that trading is the way out from poor to rich, and I think that many people enter that way of thinking and when they have the first failure they usually withdraw because the market can not be seen only to enrich, you must have note that many market entries can be successful and others can result in some kind of failure, what should be taken into account is that most are to win more than lose.

Mind you we don't have best traders when it comes to Cryptocurrency. Why I said so is definitely no one can predict the ways if Crypto. We are just beginning to understand it better. Even a pro trader can loss his/her no Matter what.

I don't exactly understand what's your point in this illustration of yours mate. Just all I know that We are talking about in crypto trading, right?
And being a farmer has no connection unto it which is crypto. And farming is one of the traditional business in the entire world, it doesn't need internet or what unlike in crypto it is necessity without it, we can't able to trade crypto.

I am also talking about the same reason, But Your approach is different from me. Some beginners are loose some investment and some investors is make some good profit. But experience is useful to survive in long term trading.

I agree with you. In the picture on the left, I interpret it as an investor and the picture on the right is a trader. Correct if im wrong.

What I can understand from the picture is one who on the left make something which has usage to the people and sell it but still poor and on the right banksters who create money as paper and make more money from it,right?

The people that suck up all the wealth are usually the least productive.  They make money off ownership and have workers create all of their wealth.

It is your own view to see but I think it is good to gain more and more knowledge if we want to become good traders, there are so many opportunities to learn traders, we should learn from other people mistakes and don’t put yourself in stress, just be calm and try to trade for long term so it will give your profit and save your future.

Traders always different from the normal people they think differently and execute the proper ways into a different way that is the speciality from the best trader so I think if a person doing it properly then he will be the best for trading.

Of course. I mean the extent to which you can make money in crypto can make money in trading crypto also depends not only on the crypto bull/bear market but also purely on your initial cost of investment. If it is down, you could be well off with trading in a bull market. But in addition to this all, you need to be informed about almost everything that is going in crypto space.

Maybe it shows on the photo that new trader to expert traders that they gain up lot of money because new traders always start to know how it works and learning step by step to make you rich.

For me the best traders are those who always have more patience and can handle risky situation especially when there's a problem in the market ,what i mean those who always keep making a way just to protect their capital and to avoid huge losses, that's all in my own opinion.

I think this always changes. we cannot judge a trader from the amount he made a transaction at that time, but we can judge from the way he uses the price. those who can take advantage of the market when prices rise and fall are great traders. it's difficult to do that.