Bitcoin Forum

No matter how hard things are for you, no matter the circumstances and condition in your company and  organization everyone just  have to wait till the end of the month before you can ask for your monthly salary.

So why?

Do people comes into crypto space and expect daily cashout 💸 💰 this is one of best lie about crypto Market 🤔 😀

It's not possible to have a daily cashout from the market , but lots of new traders thinks when you invest in Crypto today by tomorrow they should be expecting something huge.

One of friends  will always say "your papa no be the developer". It takes a bigger time frame to make massive profit in the crypto market 📈

But with Good strategies your sure the market will surely favor you. Trade strategically trade wisely.

Jackson Jerry (https://www.facebook.com/jackson.c.jerry)

It is not expected to get daily nor weekly nor monthly and even yearly cashouts neither. Some days you will earn a lot of money and you could cash out during that day, some weeks will be amazing during bull period and you could cash out, weeks even months and years could be good that you could cash out. But this is not the rule, it's the exception.

What you have to realize is that we get just one huge bull run type of year per 4 years, that means anything in between is either going down, or going back up to where it was, and not more. That is why even though there are "some" periods like that, it's usually not like that and would not be possible to cash out.

I do understand what you are saying and I believe there are some people that think cryptocurrency investment or trading is a place for quick money however and they end up taking a lot of loss, I do however know of traders that make between $30-$100 daily from trading depending, and you know what that means in a month. 

For sure its him.lol

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This is indeed reality into those noobs who had just recently able to see Bitcoin news around and also into those quick-rich schemes around and on the time that they do make out investment then this is the
primary beliefs that they do been thinking that they are really expecting something huge return in the end of the month.This is just so wrong but eventually these noobs would really be able to realize
into those misunderstandings or wrong beliefs once they do have that sufficient experience and awareness about it.They would really be just simply laughing into theirselves that they had
believed on something which cant really be happening on the first place.

People do come in crypto because of profit.  If they can make daily cash out then that would be the sweetest of all.


Daily cash out in crypto is possible.  One just needs extra knowledge about trading, extra luck, and of course a gadget to use in trading.  A good day trader can have daily cash out.  Aside from trading, staking coins also yield daily profit which can be withdrawn anytime.


This is nullified by shitcoins and meme coins.  unexpectedly, this kind of cryptocurrency gives massive profits in a short amount of time.

Most newbies think that crypto is coming this way and that's because they've been exposed to scams that are promising daily gains and cashouts but they're all too good to be true.

But after they have come to realize or after they've been scammed. They're now having a different perspective on how the actual market works. It's possible that they can have a daily cash out through trading but it's not an easy thing to do.

Experience matters for most newbies and I'm sure that majority of them that those "experts" now that are earning their living from crypto, they're making them as their inspiration and someday they'll be like them.

This is not completely true, people take advance salaries when they have emergencies, a good company and organization always has provision for it.

They have high expectations for many reasons, either as a result of what they were told and you will not blame the people who are in this, or the people that they have seen successful in cryptocurrency and have quickly assumed that it didn't take them to be successful in cryptocurrency.

Crypto market never depends on trust because if you invest in any coin with faith then I can guarantee you will face huge loss because crypto is a place where you can see the road map of the token you want to invest and the future plan. See what products they are working with, it is better to invest by seeing them without seeing them, if you invest on faith, you will never profit from this market.

Perhaps this is your level of understanding of the market so nobody will hold it against you but you should know that there are people who cash out daily, if you lack the knowledge or have no clue what to do..... it is understanding but don't judge the whole system with your limited knowledge.

It is not impossible to get daily cash out in crypto, it depends on how the trader does the strategy. those who are professionals already know what they are doing. But if beginners do, then there will be no cashout whatsoever. Everything requires a process, trading requires a process of doing analysis, management and several other strategies. Trading that only relies on luck will only end up losing.

I think it is still the case that the crypto market is attracting a lot of people that are either desperately in need of money and that see the crypto market with all it's stories of people that have invested 100$ a few weeks ago and are now millionaires as their last hope. Of course sadly this only works out for a very small amount of people like 0,01% or even less. I also think that the overall age of investors in the crypto space is very very low in comparison to investors into "normal" financial assets and young people often have way to high expectations obviously.
In the end it is just as likely that you lose money in the crypto space than that you make profit.

That's a good rule to set as the number 1 rule, there's no easy money wherever it is. In crypto and in real life, when people tell you that you can earn daily with this xx amount of investment then that's already a sign of red flagging it. And most of the newbies are prone to those scammers that are telling them how to earn easy money in crypto and many are falling for that. Good for those newbies that asks questions because they'll be guided but those that don't, they'll only ask for guidance when they've become a victim already.

I think people can make daily profits, but it's going to be hard, you really need to have all the knowledge and then you should spend more time like trading technical analysis.


Again, this market is not for everyone, if you have the wrong mindset in the beginning, then obviously you will not make money. But just like any other job, if you love it, then you will be motivated to make money and try to make ends meet.

You have to sacrifice a lot, like your time, but it's going to be rewarding in the end specially if you see that you are making good money in this market.

Yes, there is nothing instant to get something you want, one of which is daily cash out. You are right that professional traders will be able to do so with the process they went through when they first entered this cryptocurrency. The problem now is that many beginners do it on the basis of seeing a professional who can do it, they don't see how the process works. We never know how much loss they experienced before they became the reliable traders they see today. If we only look at the success that someone gets, then we will get the opposite, namely loss. But we cannot forget the long process for a trader.

This forum had been reminding people about that fact. The only problem is, if they don't bump on that certain thread although you can clearly see it because most of the time it will be pages of repeated reminders.
High expectations about the cryptocurrency market are what makes it more inviting.
It's cool to be in the circle of new ways to make money but it should be carefully done because money is involved. If you fail, it gets harder to get it back with emotions flying everywhere.

It just started when a person talk about trading without knowledge and encouraging people to trade in order to earn daily. Yes, it was indeed not possible but this is not for newbies and it was not really understood by them. Because what they think is that when they are trading, they will earn money instantly. That was the biggest about trading and those people who asked people to join. But I think, there is a quote " trade with risk" - that will mean something if we are going to understand it and even do searches.

Q

You are right that mate in this world even in crypto or in real life you can not get free money everyday which means you need to work in order to get paid or earn money. But once a scammers want you to be a victim then scammer will make a ways to scam they offered a big amount of profit but in the end of the project or once you give them money the they will leave you and the worst thing is they will block you.

There is no lie in this, Some day traders make money from the market on daily basis. A friend of mine quit his decent job and becomes a day trader. And he told me that he withdraws at the end of the month 2x or 3x what he used to earn from that job. ( Obviously not everyone can make money from the market on a daily basis but at least some do)

Yes, these people come to get rich soon and also get their money stuck. Reason they buy FOMO

A beginner who starts trading without learning and understanding what trading is, of course he is just a beginner trader who will not be able to improve, because the main mindset for him is a lot of profit without loss. We see professional traders so easily get profits without knowing how much they have lost in the past. some of the beginners also want instant results by using signal services from other people who are only given buy and sell numbers without the need to study analysis and also use copy trade to double their money. Even though all these instant methods also require basic trading knowledge, without them all will end badly. a long process of shaping character and forming a style of how to trade according to our passion.

Not all the time, even with good strategies the market will not be in your favor.

With those failures, that's how everyone is learning. And from the thought that things are easy in the crypto market and its way of trading, that's making one realize that it's not easy just like how it's being portrayed and thought by some.

we can't expect everyone to listen from the constant reminders as some of them are hard-headed and they need to experience themselves before they believe such piece of advise. they have different notion in this market and most noobs really do have high expectations.
i believe, it is true for most of us here. so long you haven't experienced losses, you won't stop trying new things.

In reality, though, when the price of cryptocurrency is rising, a lot of new investors enter the market. They are drawn to the market because of the widespread excitement around it. A bull run is like a party for us. That's why it's no surprise that some people think it's a piece of cake to become filthy rich overnight in the cryptocurrency market. Indeed, this is a lesson that many newcomers to the cryptocurrency market will have to learn (the hard way or not), namely, that greater wisdom is required for financial success. For success in this region, it is essential to master some observable patterns and keep one's emotions under check.

There is an exception for beginners who can earn daily income if they can study hard to analyze every movement that occurs in the market. Maybe trading 1 or 2 coins is enough to get started and shouldn't make it difficult to analyze the movement. As time, experience, and abilities increase, they can trade more than 2 coins, but it may also be difficult to divide their concentration.

Everything takes time before we can become professional traders and it requires patience and effort as well as continuous learning. Few people can do it, while others stop and end up not continuing it anymore.

The fault in many newbies is to believe not only that crypto gives them consistent and guaranteed cashout regularly but also that crypto is to make them rich. Just like the former, the latter is also false. They're both false for many reasons. Of course they're wrong primarily because coins aren't really created for the sake of earning. They have a purpose. Although it is obvious that the altcoin market is guilty of making coins to make money, they're also false because this isn't true anymore. Instead of growing in value, many altcoins are dying instead without ever increasing.

I will underline the mindset here because regardless of anything, everyone's mindset is what makes everything wrong and this is one of the steps that should not be taken.
The wrong mindset changes the perspective which ultimately enlarges the mistakes made. Regardless of anything when our Mindset is set to do this, then big regrets obviously always haunt us. This is a fact because today there are still many naive people who think this can be something instant without any process in it.

I think what you're saying is based on your own experience and maybe that's what you really believe, but I believe that using anything will obviously be unsafe if you don't use it very carefully. because wherever we use it, if we don't protect ourselves from being hacked by irresponsible people, it's certainly not safe too.
if we already believe that we are doing something consciously and can't be fooled by anything that can make our hack, of course using a PC and cellphone will be just as safe.
in the end it all depends on the person who uses it whether we are sure what we are going to use is definitely safe.

Just adding it For example, When talking about Bitcoin and Ethereum prices, many people say that they are not going to stay at this level, they are going to go even higher. That the fall was caused by some manipulation or FUD. Many say that if you don't want to sell now, you can hold on a little longer, so you don't miss the trend.

As you said Trading strategically trading wisely might be an option to win-win solution for Beginner trading.

the main key in order to always be successful in trading crypto is not having to always spend a lot of capital in order to get big profits, but must always be consistent in trading even though there are only a few profits, the most important thing is being able to roll back the capital issued. This kind of strategy can be done for anyone, including beginners who are new to this field

They'll learn the lesson the hard way if they're hard headed and don't want to listen to the experience of others with trading. That's okay, there are people like that and before, I was the same and thought that I know almost everything after learning a few things from it.
But that didn't do me well and that's so happen that it has made me more interested me I've started to gain some experience from my losses.
Looking at the positive perspective of losses, there's something to pick from it but don't make it a habit.  ;D

This is the hard truth many newbies do not want to hear because it really piss them if they see the real truth about the crypto market. It is very funny and will for person to jump on something like investment and start expecting profits immediately when the necessary and time that is need for the investment to grow has not been accomplished.
We just need to be patient or we will learn from the hard way that will really tell on us. The crypto market is not where to play or gamble but a place to learn and have a long term investment not short one at all.

And we need to change this outlook but have to inject into their mind the reality about trading and investing. Yes, we can think about earning a profit but the word "instantly" is clearly impossible, unless we carry special luck. But I know suffering losses gives them the idea that they are wrong and put them to realization. And those who will accept and understand this will remains here while those who have not will leave due to miserable experiences. It was the fact that not all are for crypto which is what I really see, some will stay and enjoy, while some will just pass by.

True, even day traders cannot expect to get profits every day or week, they can spend months or even years without obtaining any profits as the conditions they have to face in the markets are very adverse, it is because of this the community does not really recommend people to quit their jobs and pursue a day trading career, and instead they recommend to do day trading as a side job while you keep your main job, so you can pay your bills during the difficult times that we know will come, so this whole idea of becoming a trader and dominating the markets is simply ridiculous and anyone which actually tries to do it will surely regret it.

agree with you that many experienced traders rarely do for day trading because looking for momentum is not something that can be obtained all the time even difficult to get it.
Moreover, we know that the current market situation is not good and the movement also seems not to be enthusiastic, of course it is very difficult to be able to get maximum results for daily trading. be it for those who have experience, even for those who are still trying or beginners.

People with such mindset are those who really don't know what they're getting into and probably became interested to engage themselves because of what they see on social media platforms believing they can earn huge in a short period.

Well, if you did a research before you decided to invest in crypto as a trader/investor, you will understand its nature and won't have such expectation. Because it takes time to profit and it's not easy, moreover it's risky and newbies must be aware of this.

OP, crypto trading cash out is not based on, daily, or weekly like the way some organization used monthly to pay their workers, but in crypto trading you can decide to cash out daily, weekly or monthly if the market price is good to your satisfaction in the market. But the best cash out is long term cash out like one year or two years before you can do cash out, which is the best skills many traders used to make a reasonable income from their trade.  If you can use this opportunity to buy some potential coins and hold for the price of that particular coins to increase higher before you sell, it will really help you to understand how people used to Cash out their income in crypto market.

I see that you are comparing two different things here. You are saying that working on a real job is hard and then it takes time to earn so people here in crypto should expect the same thing. Actually dealing with cryptos can be easy, in a way that our money can work for us. It can generate us passive profits. Crypto movements are also unpredictable.

Sometimes they can pump too much within a short period of time. This is the reason why people's expectations about crypto is so high. Just don't stress your self too much on those people. It's normal for a newbie to think like that but time will come that they will lower their expectations.

The history of trading is very long, and people who do not read the classics of trading do not even know that most of the successful traders who were very rich went bankrupt.
In trading, analysts who sell subscriptions to their blog make good money, and a bunch of other brokers who offer services to beginners. Most of the successful traders who call themselves that do not trade in the market, but create companies for investors. I believe in investing, but short-term trading will lead to losses for a beginner.

Why should be a lie? This is only a lie for someone who doesn't know exactly how to trade but try trading, only expecting high profits instantly.
But, for those who every day are doing trading activities, gaining profits from trading on the market is not a lie, this is a fact, and that is why there are daily traders. I know that everyone will not always take profits when trading, but it doesn't mean that they also don't get profits. A daily trader will always have their own consideration of their gain and loss daily, which is bigger, to be evaluated for the next day's trading activities. That is what to do.

But I know that many newbies are only trying to trade, in order to get high profits, but they know nothing about the market, only expecting luck of getting profits. yeah, if this is what you mean, this is true that this is just a lie.

Hard to understand what you actually wrote here but I am guessing that you are saying that newbies join the market, starts trading and expects to get rich the next day, right? You are correct. Most of them thinks that crypto currencies will make them rich over night. They go all in, they see the market go down or trade without knowing what they are doing, they end up losing everything and starts spreading negative news about crypto currencies. All new traders should learn the market first and know what they are doing. And "strategies" won't always help you make profits. You will sometimes make losses, but if you are careful, you will know how to cut your losses short.

  - Any person who thinks that getting into cryptocurrency is an opportunity and that you can make money every day is possible, but you must have enough knowledge or idea about cryptocurrency because you can't make money here without knowing anything. That's why beginners who enter here, should first learn or find out what cryptocurrency is, it's not allowed here if you don't understand the world of crypto.

That's why most people always say "Do your own research" and "Buy what you can afford to lose" So that you have no one to blame but yourself.

True, here anything can happen, but we must have knowledge before actually becoming an investor. Knowledge is an important key that we must master about this cryptocurrency, otherwise the possibility of losing money is very high. If you want to invest here, don't be in a hurry, it's better to be late than to feel a loss because of your own carelessness. Now it's easier to learn what's in this cryptocurrency space as long as we're not lazy to find out something new and learn it.

Anyone who thinks of jumping into crypto and expect to make a massive gain within 24hrs is not yet ready to be successful because I believe good things doesn't come so easily rather than quality time, although it was possible to cash out daily during 2017 to 2018 because then I could remembered vividly when I invested in newly liste token within 24hrs of my investment I made about 80 percentage of my investment and it was surprised to me. Ever since then I have never seen such opportunity again in the industry rather taking about 1 year or more before you could make a reasonable cashout.

Unfortunately, in this day and age there are less and less people who are caring about the "knowledge" side of things. The new generation show us (people who are over 30) study and have knowledge and basically get ourselves ready for the world like crazy but still got screwed because wealthy people of the world abused our knowledge and used to make themselves richer while we stayed poor.

So for the new generations like Z, knowledge is not the key, it's "happiness", if we are going to be abused and poor and not live a great life, then why spend 8 hours a day working a job we hate? Just do what you like and be poor anyway, at least you would be poor doing something you love.

It's possible but really difficult to do it in consistent way, you may get profit consecutively in few days but may lose in next few days. If you expect to get consistent profit from there then it's not healthy to do it at all. Expecting something huge is good but I'd rather to make at least steady income from trading in few month at least rather than chasing for daily profit.

Between that era was really huge for new projects that held ICO when this offer was really fresh and people would jump in to invest in ICO for some quick return. It was really great at that day where you can get profit by just investing few bucks in there, but nowadays most of the projects are shill scammers.

That's what most newbies in trading really believe, because some will just say that it is only about buying at high prices and selling at low prices, but that is not so simple. Trading is really difficult; you need to learn its fundamentals and then make your own strategy so that you can earn a profit from it. With regards to your investment last year, I think it was an ICO. That was the time where you could invest in their presale, which is really nice if you have capital and you could really gain a lot on it.

People who come to crypto really hope to make big profits in a short time.
But unfortunately, reality will not always be the same as we imagine.
Therefore, we are required to learn so we do not encounter difficulties when trying to make money.
And if we can learn well in investing or trading, we can make money and even if it's not much, it's only natural because we still have a lot to learn.
You also need to remember that everything takes time and cannot be instantaneous in making money from crypto.

It is very interesting that the ones that want to become day traders are newbies which do not know a lot about the markets, while those which have in fact taken the time to study them and have years of experience on them prefer to stay away from day trading, and if we take a look at the charts we can see why they prefer to stay away from day trading, the 5 minute chart looks completely random, making predictions about the future movements of the market seems almost impossible with such random movements, so experimented traders prefer to trade longer time frames in which they can actually make predictions and their accuracy is way higher.