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Author Topic: Is trading actually worth it?  (Read 1909 times)
shinchan123
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March 20, 2018, 03:19:15 AM
 #181

So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.

It actually is. I have been trading for quite some time, and I have earned a lot because of trading. So, there's no reason for me to question whether trading is really worth it. I think the best key in order to success in trading is to have patience in every action one does, that way there wouldn't be any regrets, thus avoiding the state of being emotional.
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March 20, 2018, 08:47:26 AM
 #182

You can gain seriouse gain if you know how crypto world work and you trade without emotions and dont do daily trading. Becaise in my opinion crypto market will gives you profit if you trade at least weekly. The movement in crypto is very volatile and if you insist to do daily trade make sure you use bot trading because you also fight againts bot in the market and do scalpin or arbitrage.

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March 20, 2018, 10:30:57 AM
 #183

So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
I think emotion is the most important thing that influences your success as well as your success. It can be seen that almost all of us can bore the losses are not confident enough to bend the words, so if the loss is very heavy losses and if the profit is very little profit. Therefore, the psychological problem should be trained regularly and always remind yourself when failure.
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March 21, 2018, 11:28:38 AM
 #184

It depeneds on your knowledge or skills on trading,  for me its worth it i earned a lot on trading i even bought things i love /desire by doing trading.. If you know how to play it surely will worth it.
When someone knows how to get benefit from something and ultimately he got succeeded in his mission, definitely we can say he has worth it. Same is the case with bitcoins. We are open to every article, every knowledgeable thing that can be used to get better results at the end. People are making it worth by getting some basic knowledge about trading and then earning good profits from it as well.
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March 22, 2018, 05:28:04 AM
 #185

One of the most well documented facts about trading is many traders fail. Depending on the asset class, it's usually like 75-90 % of all market participants are net financial losers, with about 5-10 % making consistent great profits, and the rest breaking even or barely up or down...

Trading is an elite performance based activity, many are called, few are chosen. And you need to be prepared to outperform the vast majority of the population, if you want to make a prosperous living as a trader.
I think you're rather economic with the truth, because what you cited is an establish fact of life, known as Pareto principle and it is something that cuts across every area of life and not just trading. It's exactly for the same reason that 75 - 90% of the wealth of the world is in the hands of 5 - 8% of nations.

Good news, however is that anyone can aspire and determine to be within the 5 - 10%, champions are made not born!
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March 22, 2018, 09:21:46 PM
 #186

One of the most well documented facts about trading is many traders fail. Depending on the asset class, it's usually like 75-90 % of all market participants are net financial losers, with about 5-10 % making consistent great profits, and the rest breaking even or barely up or down...

Trading is an elite performance based activity, many are called, few are chosen. And you need to be prepared to outperform the vast majority of the population, if you want to make a prosperous living as a trader.
I think you're rather economic with the truth, because what you cited is an establish fact of life, known as Pareto principle and it is something that cuts across every area of life and not just trading. It's exactly for the same reason that 75 - 90% of the wealth of the world is in the hands of 5 - 8% of nations.

Good news, however is that anyone can aspire and determine to be within the 5 - 10%, champions are made not born!
Champions are not born, they become. Definitely this statement have true meaning related with trading and economical world. As you have said there is big ratio of %75-80 of the finances are under control of this little ratio of the nations. But you know how they get this finances from rest of population? They are killing them, bribing them and much more that can’t even talked here.

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March 22, 2018, 09:27:57 PM
 #187

it can and cannot be worth it.

Some people believe in short term trading

some people believe in long term trading

you got to find the middle

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March 22, 2018, 09:30:16 PM
 #188

One of the most well documented facts about trading is many traders fail. Depending on the asset class, it's usually like 75-90 % of all market participants are net financial losers, with about 5-10 % making consistent great profits, and the rest breaking even or barely up or down...

Trading is an elite performance based activity, many are called, few are chosen. And you need to be prepared to outperform the vast majority of the population, if you want to make a prosperous living as a trader.
I think you're rather economic with the truth, because what you cited is an establish fact of life, known as Pareto principle and it is something that cuts across every area of life and not just trading. It's exactly for the same reason that 75 - 90% of the wealth of the world is in the hands of 5 - 8% of nations.

Good news, however is that anyone can aspire and determine to be within the 5 - 10%, champions are made not born!
Champions are not born, they become. Definitely this statement have true meaning related with trading and economical world. As you have said there is big ratio of %75-80 of the finances are under control of this little ratio of the nations. But you know how they get this finances from rest of population? They are killing them, bribing them and much more that can’t even talked here.
We are striving to be part of that 5-10% champions into this bloody field.If you cant able to get out with that 90% then we should really try our best as we can on engaging ourselves even though it takes time but atleast we are heading that way.Who doesnt love a very prosperous life when it comes to financial?I do believe we are just longing for hitting up the same target.Only the best traders would really be profitable and having a loser is always been part of the game.
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March 22, 2018, 09:33:54 PM
 #189

Trading is worth it if you know how you are able to cope or survive a heavily fluctuating asset such as these cryptocurrencies. Having said that, you have to have adequate funds to try your luck from different trading firms. (It is because to be really realistic about it, you do not profit from all trades. There are times you lose as well which is very much part of the risk you are assuming as a trader.) I am not saying you have to be financially capable to trade, what I am saying is you have to have the requisite financial capacity to backup your trading endeavor. Simply put, your finances should match your goals as a trader. Now if you satisfy the aforesaid, I can confidently say trading is actually worth it.
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March 22, 2018, 10:32:44 PM
 #190

Trading is worth it if you know how you are able to cope or survive a heavily fluctuating asset such as these cryptocurrencies. Having said that, you have to have adequate funds to try your luck from different trading firms. (It is because to be really realistic about it, you do not profit from all trades. There are times you lose as well which is very much part of the risk you are assuming as a trader.) I am not saying you have to be financially capable to trade, what I am saying is you have to have the requisite financial capacity to backup your trading endeavor. Simply put, your finances should match your goals as a trader. Now if you satisfy the aforesaid, I can confidently say trading is actually worth it.
It's worth it if you really earned, if not then its a waste of time. It depends on our abilities to understand the market, some didn't manage to do it well that's why they put more effort or consult a crypto adviser to help them with.
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March 22, 2018, 10:39:15 PM
 #191

Yes, if you know the opportunities, you are the nimble entrepreneur who will grab the business opportunity anytime .... Some traders they succeed in business because they know to seize the opportunity, they Know when to invest in and when to sell them. These are the experiences they have learned from failures in the market.
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March 22, 2018, 10:43:49 PM
 #192

Yes, if you know the opportunities, you are the nimble entrepreneur who will grab the business opportunity anytime .... Some traders they succeed in business because they know to seize the opportunity, they Know when to invest in and when to sell them. These are the experiences they have learned from failures in the market.
the opportunity is now one of the best and must be run because we know maybe we should take the moment where the current opportunities for a coin can happen every day so how traders take advantage of these opportunities to make a profit.

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March 22, 2018, 10:55:10 PM
 #193

Trading is very technical and needs a detailed technical analysis inorder to get profit. Unlike with Gambling that you rely your winning in your luck.

If you trade your Bitcoin to altcoins like ETH, LTC,  XLM,  you have a sure profit in the long run.


So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.

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March 22, 2018, 11:24:42 PM
 #194

One of the most well documented facts about trading is many traders fail. Depending on the asset class, it's usually like 75-90 % of all market participants are net financial losers, with about 5-10 % making consistent great profits, and the rest breaking even or barely up or down...

Trading is an elite performance based activity, many are called, few are chosen. And you need to be prepared to outperform the vast majority of the population, if you want to make a prosperous living as a trader.
I think you're rather economic with the truth, because what you cited is an establish fact of life, known as Pareto principle and it is something that cuts across every area of life and not just trading. It's exactly for the same reason that 75 - 90% of the wealth of the world is in the hands of 5 - 8% of nations.

Good news, however is that anyone can aspire and determine to be within the 5 - 10%, champions are made not born!
Champions are not born, they become. Definitely this statement have true meaning related with trading and economical world. As you have said there is big ratio of %75-80 of the finances are under control of this little ratio of the nations. But you know how they get this finances from rest of population? They are killing them, bribing them and much more that can’t even talked here.
Given that champions are made, we must not fail to see that some people, somethings eventually get trampled along the way. The question then is, why would anyone be willing to be the one under, when they can be the ones on top? The answer must be the reason Abraham Lincoln had this to say - "No man is good enough to govern another man without the other's consent."  

When we narrow it all down to trading, what would be staring us in the face, is the age long fact that knowledge will forever govern ignorance. So a trader, who longs to make the 5 - 10% traders, must have to arm himself with the power which knowledge gives. Other than that, he already consented to make the 90% even without saying or meaning to say so.
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March 22, 2018, 11:40:48 PM
 #195

So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.

This depends on your knowledge about trading and your attitude on how you handle losses and winnings. Trading is actually worth-it but it requires extreme amount of patience, resilience and time especially when you are faced in a situation wherein losing money is the only option. Also, trading can be profitable but it requires at least a starting capital in order for someone to utilise trading. I know someone who earns large amounts of cash WEEKLY due to trading but the amount that he risks are also large.

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March 22, 2018, 11:42:51 PM
 #196

I find it so profitable and so worth it when i am earning but when i am not earning,  i feel so disappointed and so useless. I have some fear that my investment will be all gone in just a week.

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March 23, 2018, 03:04:41 AM
 #197

Yes ! Trading is actually worth it because even a small jump or increase in the price of your coins/tokens can make big profits if you have also big funds.
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March 23, 2018, 04:45:54 AM
 #198

Yes obcourse its worth it soecialy if you have a good skill in trading you can earn more money in trading. There are some people earning thousand of dollar in just a few hours in trading but i think in that case your need a big amount of money too.

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March 23, 2018, 05:31:57 AM
 #199

So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
Trading is really worth it! Many people like me are now depending to the trading to earn big amount of money. Trading cryptocurrencies are really profitable and really worth it.
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March 23, 2018, 05:38:28 AM
 #200

Just like you said, we are no longer in bull market so your strategy has to be solid  and workable! As trader, you should be making some more trading on the margin. Do not expect however serious price increase that could enable you to make money that are impressive.
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