Why people run away from trading!!!

[KimmyF]

Run away from anything you can learn anything. People run away from for two things
One is enter in wrong time another Don't patient for long time because afraid in current losses.
Every legit coin is good start trade, you should wait for perfect time. If you buy in high price than definitely one day you will lose money. Suppose you bought coin in low price than always there will be few loses but your coin will be increase which is your profits.

[rexxarofmoknathal]

Most of people run away from trading because they see it with a big risk by losing their own money . Also as a beginner if you haven't before any crypto and you did not see the volatility of cryptocurrencies you can lose .

Along the same line of thought, trading is a high skill that takes time to pick up and on top of that investments don't always turn out as rewards, thus one must be prepared to lose the amount invested. AND to top it all up, there's also a lot of competition with many bots out there which for a newbie could lead to huge failures - the learning curve is huge but when applied properly can be as equally as rewarding. I think if a person is serious about learning to trade they must also be prepared for the hardship thats required.

[Lorence.xD]

The points you have given is true, no disagreements about that. One thing I can add is that people always jumps on the boat when it comes to trading, now what I mean by that is people starts trading without a plan, saving for an emergency fund to prevent damage when trading day is unprofitable, thinking that 6 months of learning just learning about trading without experience with mock/paper trading is wasted. Seriously, I believe that people stops trading because they faced a black day and they do not have a safety for times like this thus leaving behind their trading journey.

[LbtalkL]

Lack Of Proper Trading Education is very dangerous if you don't learn the basics you might end up losing all your funds. So if we enter trading we should make sure that we already know what we are doing. Also, if we trade we need to familiarize the trading platform User interface,  each platform have different interface, you might commit mistake on placing orders if you are not familiar with the platform so better learn it first if they have demo better practice before trying the real one.

[Kelvinid]

I think most people fail in trading because of their egos as they think that they cannot go wrong ever which results in burning of account as soon as market goes against such traders, they just do not want to trade what they see on charts rather they will trade with their own opinions and emotions that result in failure.

Naturally, we live with ego, that what we are but somehow some can manage it carefully and take care of it. It can be of ego as a factor in making decisions but this is not probably the main reason why people running away in trading. The most common thing why the leave in this field is all about having no knowledge and skill in trading. Trading can't just be done simply, without these things, you are not making money but you are just spending on it without sure about the returns. And mostly just losses.

[vennali]

1. Lack Of Proper Trading Education

2. No Risk Management

3. Lack Of Patience

4. Having that mindset that trading is an easy money generator.
5. They set up goals basing on others positive outcomes
6. Emotion

Lots of experience or things that you should face on first before for you to able to learn.
It will vary on each person because not all would have the same effort on learning things up.

Agree with those 3+3 points. Risk management is the key along with proper trading education. I see a lot of people look at the positive trades on Twitter and other social media and get enchanted with it and think they can replicate it without and formal training and management. They may get a few positive results initially but in the end it stops working and they start risking a lot more to get back into positives. In the end, either losing it all or just losing hope and blaming trading for it.

[carlisle1]

People just don't know how to trade, they don't have enough experience, so they can't trade. Trading bots were invented especially for beginners.

I have heard many times that not all trading bots can really help you in trading.

There is a bot that fits each trader but this is not applicable if the user is a newbie that no experience in real trading because for sure He will only fail if he did not spend time studying and learning.

One more thing is that we lack the team. I have learned a lot of trading knowledge and capital management experience but I still cannot trade well. It seems we are lacking a team to develop more in terms of experience. I see that some tradecoin groups are now making a lot of money because of their experience sharing. Everyone in the team is buffed with confidence and placed orders very accurately.

Remember that those groups that sharing trading mostly are scammers so don’t fall for them,there are only few that will give a real score and majority will mislead you.

[darewaller]

I think lack of patience is the case for most people here. Most of the people here are looking for where to make money quick. I won't really blame them, we are all human beings and we have one problem or the other that we need to solve and due to that we are all looking for where to quickly get money.

But, they should as well understand that whatever you choose to do, it's best to have patience in it, because if you don't , you're not going to achieve what you want. I see some newbies who just get in and when they see old traders talking about profit, they quickly rush into trading thinking that they will make it there, without proper education and that's how they end up losing money.

[imstillthebest]

People just don't know how to trade, they don't have enough experience, so they can't trade. Trading bots were invented especially for beginners.

I have heard many times that not all trading bots can really help you in trading.

There is a bot that fits each trader but this is not applicable if the user is a newbie that no experience in real trading because for sure He will only fail if he

yes because bots still need to configure by human  . if you dont have experience on trading , you will not understand the term or what is written on the bot  .  if your not new on trading  you can use bots but they cant assure you that you will earn   . your bot still depend on your trading knowledge and on the flow of the coins too because coins are sometimes not predictable  . i just runway from trading because i think its hard  , this is also the most popular reason why other people dont do trades  .

[Enemi42Jef]

People just don't know how to trade, they don't have enough experience, so they can't trade. Trading bots were invented especially for beginners.

I have heard many times that not all trading bots can really help you in trading.

There are special resources that contain a lot of information about bots. Here is one of them https://tradingbot.info

[farukahmed]

Trading is when a crypto market or another trading instrument, opens above or below the previous day's close with no trading activity in market. Partial trading market occurs when the opening price is higher or lower than the previous day's close but within the previous day's price range.illegal form of market manipulation in which a trader places a large order to buy or sell a financial asset, such as a stock, bond or futures contract, with no intention of executing.

[Finestream]

Trading is not an easy way to make money, I think of the total number of traders, only few are really making money consistently.
Despite of that reality, the crypto market is still attractive to invest because we can just buy and hold and just trade when necessary to cash out.

Trading or day trading requires time and attention because as a trader, we are looking for the right timing to get in and get out, so it's better if we are trading being a full time than trading only as your part time.

[rexxarofmoknathal]

~snip~

I think the reason is mainly because of a lack of financial education, often the problem lies in being guided by social networks, academies, which teach technical analysis. If everyone read at least books that are not focused on technical analysis but on understanding the market, they could have more security, it has particularly helped me to read the books by Wyckoff, Livermore, Warren Buffet, they are books that greatly help education. .

I very much agree with you, trading is a highly elaborate skill and to be fair for someone with no financial/economics background can be quite hard to get to grips with. There are however enough resources out there to learn the theory of trading but like everything else you need to apply those theories to real world situations and that's when the proper painstaking learning happens, and most of the time & especially at the beginning where most of the losses happen too!

[Towerbreeze]

I don't believe in 'lack of patience' in trading, it does works sometimes but not Everytime, waiting in patience can land you in further loses too, trading can be read but can't be trusted every time .
.

The best strategy is to split your Bitcoin or whatever coin you are using for trading in two, e.g you have 1 Bitcoin, split into two and use half to buy usdt, if Bitcoin goes up you have more gains if Bitcoin loses value you buy back with the USDT

[TheUltraElite]

I don't believe in 'lack of patience' in trading, it does works sometimes but not Everytime, waiting in patience can land you in further loses too, trading can be read but can't be trusted every time .

You know what? We can divide the traders into two groups for the sake of simplicity. One group is trading altcoins daily and others are holding bitcoin for long term. If we see this "patience" thing, then the second group has it so much so that they are holding for years to sell at good price. But the altcoin lovers are seeing huge dumps for years and thus are desperate to come out of the rabbit hole which they dug years back in lieu of some false promises.

The best strategy is to split your Bitcoin or whatever coin you are using for trading in two, e.g you have 1 Bitcoin, split into two and use half to buy usdt, if Bitcoin goes up you have more gains if Bitcoin loses value you buy back with the USDT

This is a bad choice. You should buy bitcoin with USD and then hold it for long term. Holding USDT for liquidity is bad choice. Use USD itself if your exchange allows it to be deposited from bank. But if not then yes you have to continue with USDT.

[onrise]

There are various reasons as to why people may not be interested in trading as the reasons would differ from person to person. Though couple of my friends who used to trade have stopped because firstly it is not every one's cup of tea. One of the friends always used to buy at the highs and end up making loses. Second one used to buy based on somebody else recommendation and in this process end up losing almost his investment. Thus, finally they decided to quit for now.

[tvplus006]

I think lack of patience is the case for most people here. Most of the people here are looking for where to make money quick. I won't really blame them, we are all human beings and we have one problem or the other that we need to solve and due to that we are all looking for where to quickly get money...

A lot of new traders make one mistake-they want to make as many trades as possible during the day. But we know that the price of bitcoin can change up to 10% during the day and it is impossible to correctly predict all its movements, even for an experienced trader. A novice who participates in all transactions can lose their balance in a few days.

[Kulkhan]

Actually Trading is not so easy things, it is too big sector. For good trading everyone can larn More and more. Without training and without proper knowledge trading is too much risk.. Now a days we are seeing many people coming for trade without proper knowledge, so they are loosing. As a result they are losses, for this they loosing their confidence and after some days they are run away from trading. So for trading at first we have to Learn More and More for existing in trading platform.                                   

[Teawhalee]

Crypto trading is more advantageous than other trading. Alot of people see it as a money bag , they just jump in immediately they have little knowledge about trading or done some little predictions. After some losses they run out and say it's not for them. Always take your time in anything you will do in trading , learn how to earn and how to lose. Then take caution on things that causes loss to make more profit.

[carlfebz2]

Actually Trading is not so easy things, it is too big sector. For good trading everyone can larn More and more. Without training and without proper knowledge trading is too much risk.. Now a days we are seeing many people coming for trade without proper knowledge, so they are loosing. As a result they are losses, for this they loosing their confidence and after some days they are run away from trading. So for trading at first we have to Learn More and More for existing in trading platform.                                   

We do all came from being a noob.No one starts to be a professional directly thats why if you do are really that interested to trade then you should do test the waters and
dont easily give up when you do commit mistakes which is normal because these are stepping stones for you to learn and would able to get the basic and then later on
would gain experience and the knowledge you do get when you actively trading.This wont happen overnight thats why theres no need to rush up things.

Crypto trading is more advantageous than other trading. Alot of people see it as a money bag , they just jump in immediately they have little knowledge about trading or done some little predictions. After some losses they run out and say it's not for them. Always take your time in anything you will do in trading , learn how to earn and how to lose. Then take caution on things that causes loss to make more profit.

Greed and being impatient.These are the common reasons why people being wrecked down by the market.They jump into things which they do believe that it can make
fortune to them on a short span of time without even realizing that things doesnt work that way.Soon theyll find out the reality then they will either accept or just simply
turn their backs and find for another things.