Why people run away from trading!!!

[Fredomago]

People not only run away from trading but they also run away from crypto. Because they loss so much. The main reason for this is the crypto currency exchanges. Even the top crypto exchanges are so greedy like binance. They keep listing new coin without proper invitations and create pump and dump. And trader lost their whole fund. This kind of activities giving negative impact on whole crypto market.

But in order for you not getting scammed is to do your proper research, never to buy when hypes is ongoing. Better to distance yourself as you are just prone of losing your money.

Many investors loses their money because of this wring treatment to this industry. unaware of it's volatility and forget to
remember that they just need to use money that they can spare to lose.

They stayed away after experiencing huge loses and call this venue as scam
place / business.

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[ReiMomo]

~snip~
They stayed away after experiencing huge loses and call this venue as scam
place / business.

Lack of knowledge, they engaged trading because they want to profit or they just heard that trading is an easy way of earning profit most especially during the pandemic that most people are at home and looking for another source of income. After having experience of massive losses they will I guess stay away in the crypto business.

Even me, I didn't back in trading since the market going down and I have massive losses at that time and until now, I still prefer holding my bitcoin than trading on it which is a very risky part.

[spike420211]

Most people who give up trading usually have quite bad experiences, such as losing all of their capital. So these people decide to run away
from trading, and consider themselves not suitable for trading. Though are like that very wrong. Everyone has the same right to  succeed
in trading. All we have to do is learn strategies about trading, and also increase trading experience. So you can succeed in trading, if successful
in trading, of course reduce the number of people who intend to run away from trading.

If everything was so simple, we could see not 5% of successful traders out of 100, but 50% at least.
Trading is a combination of understanding of mathematics, probability theory, various kinds of analyzes, market psychology, including psychology.

This is a whole world, a whole volume of knowledge necessary to understand how one of the most obscure structures in the world works, which also has a strong speculative fatcore.
How many people do you think are willing to go into all of this?

[emmybd]

Actually, the problem is the most traders want to earn quick profits, but things don't go that way most of the time and they ended up losing all their money and leave the market empty handed. Lack of knowledge and understand about market and a lack of patience have also led to their downfall. There are also crypto mafias who are making things difficult for newbies and inexperienced traders.

[sambuddha]

Actually, the problem is the most traders want to earn quick profits, but things don't go that way most of the time and they ended up losing all their money and leave the market empty handed. Lack of knowledge and understand about market and a lack of patience have also led to their downfall. There are also crypto mafias who are making things difficult for newbies and inexperienced traders.

I agree with you. I would like to add that it is very dangerous for a trader to be greedy. Greed can be seen as the opposite of discipline. Individuals that are disciplined very seldomly fall into the greed trap as they have some sort of plan and stick to it. Trading plans and trading journals are a great way to keep traders on the right path and not be tempted to enter trades that deviate from the plan.

[CryptocurencyKing]

Individuals that are disciplined very seldomly fall into the greed trap as they have some sort of plan and stick to it. Trading plans and trading journals are a great way to keep traders on the right path and not be tempted to enter trades that deviate from the plan.

This is one vital skills a lot of traders lack and it is one of the most important aspect of trading, every developing trader with a particular need of growing an account size is supposed to have. A definite trading pattern. You make your analysis on the market, establish your risk to profit ratio and take a position. If the market is going or not going according to your plan,you just live the market and look for another trade or just live trading for that day. Some traders have got yo know that, it's not everyday you  trade. Trading everyday is just a show of indiscipline as it opens you up and makes you vulnerable to a lot of risk taking. I know trading is all about risk taking but not all risks are worth taking. That's why you've got to know risk management as well.

[Vicky agarwal]

cos they losing life savings in terms of low knowledge of market and fundamental and of they have then they also come in whales manipulations and wicks

[HatakeKakashi]

They have incomplete knowledge in the fields of trading so if they gonna experience a failure they left without fighting that is only a test.
I suggest also the newcomers once you invested make sure you are ready of what happens to your money because there is no assurance that your money will return or grow because we know the opposite of this is the losing of your funds that you put on the coins.

[koang]

They have incomplete knowledge in the fields of trading so if they gonna experience a failure they left without fighting that is only a test.
I suggest also the newcomers once you invested make sure you are ready of what happens to your money because there is no assurance that your money will return or grow because we know the opposite of this is the losing of your funds that you put on the coins.

Yes, you are right. lack of knowledge in the field of trading and crypto is one of the mistakes that beginner traders often experience.
Everyone needs to realize that trading is not an easy job, trading is a serious job because it has a very large risk.
If you want to profit from trading, you have to be an expert.
Trading is a science of possibility but it is not gambling

Luck will only draw near to people who are experts in their field