Is trading actually worth it?

[Stedsm]

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

It can be considered gambling sometimes when various situations take place:
Like when the value of a coin goes back down more than 1000% or even 10000% and you've bought in when it was sky high.

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

Only a few % of traders make some real money in trading due to their insider reach and many upcoming price targets already known to them (like spikes and crashes, yeah, they do know all this before it actually happens).
Others give signals - be it for Bitcoins or alts because when their luck starts favoring their signals (and mostly due to their subscribers actually buying in and pumping on their own without actually knowing why the value of that specific coin has grown so high), they ask for some handsome amount of Bitcoins to give you "PREMIUM" signals. I've found a very few groups who are actually worth it over Telegram.

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.

When markets don't go bull side, it's time to look for futures where we can grow our money even if Bitcoin decreases in value. Try BitMex for that - it's called leveraged trading (like forex).

[Victorycoin]

Have tried trading many times but never made any money with it. Even if I made a nice gain in some trade than I mostly lost it in the subsequent trades. Trading is a zero sum game.

Not really a nice one because you stopped short of coming to terms with what has been responsible for your unfruitful venture into forex trade, which is the absent of the right knowledge and skills and not necessarily the number of years, which ostensibly would have been spent in the wrong directions. Trading is an art, the knowledge and skills are learnt and honed overtime before trading can become worthwhile, anything outside of those are the reasons some people would keep saying nothing good could come out of trading.

[ArnoldChippy]

I believe that trading is worth it if you know how to deal with it. If you want to be successful at something, you should be ready first, not to mention that you should accept failure because you cannot just be born with skills and experiences. Trading requires both skills and experiences. Sometimes it goes swimmingly and sometimes it does not. That is why you should learn the basics, study the field, and then get to it.

Trading can only worth if you have good experience in trading and also showing good interest there, Those people who have good experience and they have already spend a lot of time in trading they trading can really worth them, In fact crytp currency trading is not an easy job, specially short term trading where you need to take a right a right decision in right time.

[btc1]

Most people do not even know how to trade, that is what makes the difference in here.
I love trading, and i enjoy it, but the problem is when you do not know what to do because you do not know which pairs are you really trading.

I believe that trading is worth it if you know how to deal with it. If you want to be successful at something, you should be ready first, not to mention that you should accept failure because you cannot just be born with skills and experiences. Trading requires both skills and experiences. Sometimes it goes swimmingly and sometimes it does not. That is why you should learn the basics, study the field, and then get to it.

[Vispilio]

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.

[Fxselfmade]

Simple question but it needs so logical answers to be well understood. Well, let me go directly to the answer, you know every business pays but it depends on the commitment and the strategies used. It is true that some of traders moguls are making a huge amount of dosh from trading and a very big number of them are making money from selling signals.

There is only one thing I can assure you that you can master the art of trading by learning from gurus and by taking what you have learnt into practice.

See you at the top

[drachman]

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.

Only a minority of traders can earn any amount of money, and it is very simple to know why trading is a zero sum game if you want to win someone else needs to lose it is not really complicated, but it is a truth that not many understand so most traders need to become losers so other traders become winners, and becoming a winner in trading is very hard you need a lot of money, knowledge and practice.

[Ewinsane]

I realize that traders are the most popular, even though it accounts for the bulk of the forms to earn bitcoin and other crypto. Of course, success or failure in business is due to the attitude of each person. High or low profitable traders depend on many important factors such as the ability to analyze charts, explore trends and potential in the market. Sometimes it is fortunate that the choices increase at the right time.

Most especially in their attitude to learn. A lot of people are always fond of looking for shortcuts in everything they do which is the reason why they do not last.

However, someone who is smart to learn and look forward to doing whatever they are doing well will not mind going to any length to get all the knowledge they will need to always do things right and that actually makes us all different from each other in terms of being successful.

[not-a-bot]

In fact I remember that in Forex trading one of the most renowned traders, called Jarret, used to earn at most a 3% monthly return, but apparently in crypto trading the proportions of reality have been lost and everyone wants to win 100% every week.

I would rather say it's about high crypto market volatility, than lost of reality borders. Everyone here is looking for something new and that's making hype. What is impossible for the Forex for example is ordinary thing for crypto market. Probably in a future we will see (God save us!) the same temps of growth like on traditional market, but I hope this is a far future.

[Siren]

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.

actually your partly right on this,trading is some sort of gambling because we dont know what will be the real movement of every coin we were buying,same as what will be the price after we bought this,though ive known some traders who got 10-20% daily,but ofcourse sometimes they fail too,maybe thats why we both agree on gambling form of trading.

[carodupuis]

It depends actually on every move you take in trading. Mostly I do the scalping, I first obeserve the coins I am planning to hold or sell. If the coin itself has its high and low in a certain timeframe then I'll try to play with it having only 1-5% profit not aiming for a 20% profit for mostly coins don't reach that much.

Actually, any style of trading can be very good if you are very certain you are making the right decisions. A lot of people though may see it as not being worthy of doing since they have no knowledge on how to trade and do it effectively. What differentiates someone that is doing fine in a particular profession than to someone that is doing bad is just their knowledge and how they good they are at what they do which apparently makes you stand out.

[rocketbits]

It depends actually on every move you take in trading. Mostly I do the scalping, I first obeserve the coins I am planning to hold or sell. If the coin itself has its high and low in a certain timeframe then I'll try to play with it having only 1-5% profit not aiming for a 20% profit for mostly coins don't reach that much.

What you are doing it's actually good but 1-5% profit is it worth? I don't think it is worth if you put at least 20% margin you can earn some money this is just my opinion. My trading margin is min 50% profit or else I will not touch my coins I will wait until my target comes.

That depends on the amount you are using to trade, most especially when it comes to daytrading and on a single trade within few hours or even minutes, getting 1-5%? That is really good. Combine that with all the 1-5% you are going to be having before you close the day since most traders close all their positions anyway and then add that up to what you #can make in a month, it is worth it bro! The only thing with scalping is that it is stressful as you have to be on the monitor always.

[Amajaa]

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.

[upsidedown75]

Trading in the crypto as well as in the paper currency are profitable and with this business many people are successful in the past while the crypto traders are earning a good amount of money and they have chose the trading as their profession and with this the people can become expert of this currency and it is important to use the crypto for trading.

Normally if you see trade as a profession and you are ready to go all the way to learn the profession as much as possible, you are going to always have fun trading. There is a huge fun when you are making money and doing well with a lot of confidence isn't it ?

Trading is very much worth it for those who are worthy, but for those who are unworthy since they think trading is just one easy thing they can just dabble into, then they can never get a worth scenario from trading.

[mia khalifa]

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 if you already have the capital and understand how to properly trade is definitely very profitable trading than gambling because with trading money you have will not be lost but with gambling money you have will be lost.

[p i e c e]

trading is good if you have skill to do it.
but sometimes trading isn't predictable, although you've skill but it's not enough.
now the time that market is unpredictable

You can get these skills if you have the talent for trading and the desire to do this business. Just spend much time for self-education, start, and everything will work.

[gedabuz]

get a daily profit is real .... every increase or decrease in price there are profits that can get ,,, if it does not happen in one coin then there are still many coins in the market ... only with high experience can do it .. if the loss in one coin then can profit in other coin

[Tigerw]

Trading in the crypto as well as in the paper currency are profitable and with this business many people are successful in the past while the crypto traders are earning a good amount of money and they have chose the trading as their profession and with this the people can become expert of this currency and it is important to use the crypto for trading.

Normally if you see trade as a profession and you are ready to go all the way to learn the profession as much as possible, you are going to always have fun trading. There is a huge fun when you are making money and doing well with a lot of confidence isn't it ?

Trading is very much worth it for those who are worthy, but for those who are unworthy since they think trading is just one easy thing they can just dabble into, then they can never get a worth scenario from trading.

Generally, if someone considers trade a very easy exercise, then Let him try to work and earn. I myself can not say anything specifically yet, because I only trade intuitively and do not have the knowledge that professional traders have.

[kwarto]

im a newbie but my urges to know trading is very high. I believe trading will make me so much money, from the reading and research that i made, there is a big chance that anyone who trade in the market make a very huge profit out of it... i just want to  follow their footsteps and make my own money from trading...  time may come i will understand trading and earn lot of money. may GOD help me when that time arrive.

[Xetonica]

Trading is really worth it but it's was too risky to do trading, if you have no exact knowledge to do trading, even you have a small capital to get into trading if you have a strategy how to trade always have a profit for you.