Is trading actually worth it?

[lekegami]

There is no doubt that trading gives a good profit to bitcoin users, and traders as well. But we all know that bitcoin is really risky especially for those who don't understand how it works and operates and do not make researches and studies on how to be better with it.

[valera10]

I believe that to make money on trading, trading cryptocurrency can gain not only profit, but also to study a lot of useful information that is invaluable!

[Duallimit]

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.

Of course it's worth it. Everything depends on your level of emotionality, knowledge, ability to analyze. Well and of luck, of course.

[Panchum]

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.

Yes trading actually worth it, because my cousin now is earning in trading. Because our salary is not moving. I need money but l don't have salary to trade.

[evichi]

Trading cryptocurrency is a worthwhile venture and largely depends on the amount of time and resources invested in it. Just like any venture in life,  if you put in more energy into' it you will definitely creep rewards. It requires putting in a lot of time to Learn new strategies. The pros must have taken their time and resources to arrive at where they are now. Nothing in life comes easy. With consistent effort, trading is a worthwhile venture.

[Papaczed]

Depends on who is asking this question answers are different.
If you are a pro trader then you know what to do , If you are average or newbie You need to give it a chance and be able to tolerate losing .

For me trading is really worth it specially when we are good in doing trading, and i am confident that trading will be really worth it if the price of all the coins will be green in the market it will surely give a good profit for all the traders here in crypto.

[isidrorex]

Crytocurrency trading is really worth it in the long run. I mean, before appreciating trading, you have to really study many lessons before starting to trade. In my case, I started by knowing what is Bitcoin, when did it started, who creating Bitcoin, who created the term Cryptocurrency, what is the goal of cryptocurrency. It is really important to know and learn the basic words. And then I started studying about Crypto Trading and the terms used that you can read and know later on. It was such a hard time for me because there are so many terms and you also have to know the strategies in trading so that you know when to buy, when to sell, will the certaing market you are trying to invest would be bearish or bulish after an hour or a day. And then I have to make my wallet which I prefered to use is myetherwallet, until now I still use my etherwallet during my bounty campaigns. I also trade but not as usually as before, I love Ethereum but XEM is also booming with lots of projects and great blockchain. Goodluck, Traders!

[kiniksarah]

I always believe in my parents' words, '' if you want to live quietly then farm, if you want to be rich then trade, trade will make you rich as long as you want to try hard

[totholio]

Sure but what if you lose? It was definitely not worth for me because I just stressed by seeing the price going up and down each second so I learnt how to hodl. Worst moment before the crash but it's getting better now.

[Ryanpogi]

Of course, when the god is the blessing. if you really want it worth the trading, you will trade it big. so it's great to go back to you. thanks ..

[jlong187]

Of course it is, so ,many people trade and became more succesful, if it would be not wothy, they would not be so involved!

[yndye]

Trading cryptocurrency is a worthwhile venture and largely depends on the amount of time and resources invested in it. Just like any venture in life,  if you put in more energy into' it you will definitely creep rewards. It requires putting in a lot of time to Learn new strategies. The pros must have taken their time and resources to arrive at where they are now. Nothing in life comes easy. With consistent effort, trading is a worthwhile venture.

Good point! Trading requires time, effort, knowledge and capital. Others may think that trading cryptocurrency is easy because it is just buy and sell but when you are in trading already, you will realize that it is not that simple. Those pro traders spent years for them to get to that level wherein they were able to control their emotion and they are consistent in their trading plan. They know when to take profit and cut loss. They know when to accept that they lose in that profit and when they have profit, they would have trailing stops to secure profits. I am still aiming for that level being consistent with my plan because it is worth it.

[jundel]

If you have the knowledge and timing you are efficient worth of trading. However if you lacking any of this efficiency may not enough because it requires observing and guading the price and research. But this doesnt conclude that it wont work. There is chance if you have somebody to guard or guide you or suggest with the higher knowledge to inform you. Do it with your style.

[insikko0413]

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.

maybe yes or maybe no, because it' really depends on the crypto that we are invested.

[XFlowZion]

Of course, it's worth it if you've done your research properly before you bought your altcoins and then they started exploding in the market. You will feel that great feeling that you have waited for long and it's starting to pay off.

[samycoin]

For me it's worth it if you earn big profit to be trader. In trading you need lots patient,hold your emotions and strategy how to manage what you trade. Some of trader are just buy and sell that don't know what they doing if you are real trader you have know the right timing because sometimes it cause of loses if you not know it.

[cheezcarls]

As for me, I would honestly think that trading might be worth it if you are a pro or skilled enough to win most of the time. However, the market is so highly volatile now in which the market could go down a lot in just a few minutes (or it could go up fast too). On top of that, the market is uncontrollable and unpredictable too. We may not know when it will go up or down. Just my two satoshis.

[Ambrosius]

I think the experience in trading is what determines the trading is worth it or not. or the experienced I think trading is worth it.

[Rosemarie Carizo]

In my opinion trading is very risky and wasting your time buy if you are studying or you have a basic strategy and you can analyze the trading it is worthed

[gabmen]

As for me, I would honestly think that trading might be worth it if you are a pro or skilled enough to win most of the time. However, the market is so highly volatile now in which the market could go down a lot in just a few minutes (or it could go up fast too). On top of that, the market is uncontrollable and unpredictable too. We may not know when it will go up or down. Just my two satoshis.

It won't really rake fir someone to be a pro to make trading worth it. Even pros lose trades once in a while. For me as long as you know what you're doing and you're aware of what may happen and prepared for it, then trading is very well worth it.