Can I get rich by trading

[Mrsonutiten]

Yup it may be possible but many of
 want's to be millioner in a day.
Only less than 10% of the people really makes money by trading.

Every field has it's competition but in a greed, people join crypto to make their portfolio 10x.

But in most of cases they loss their hard earned money.
So,
Only we ourselves have to decide that,
where we want to be..
In 10% people or in 90% people

[Kittygalore]

If you have a lot of money to start trading and you are good and knowledgeable about trading, I think that you can get rich. The funds will be the priority because if you are trading with pennies then you will need a miracle and patience for an instant wealth to happen to you.

[Peanutswar]

You can actually earn and become rich in trading if you think you can go with your knowledge into different parts in trading. Actually, you can play safe in trading, in long term trading by just making an investment and wait to pump the coin this takes time but there is a chance that becomes safer than the margin trading in this kind of trading is riskier than the long term trading but the easiest one to earn immediately. Still, this requires a lot of knowledge regarding with the market graph, technical indicators, trend line and more still you need to make an investment with your knowledge to survive on this kind of trading. So what you will prefer on this both trading investment? it depends what suitable for you if want to monitor the market always go for the margin trading, if you want just to invest and brings back when the market price is high go for long term.

[Reid]

It's not a question anymore.
Most of what will happen with traders is being taken over by greed.
The pumps and dumps could change your decisions in a blink.
So, I think the most effective way is to stand with your goal. Discipline.
If you already decided on a selling point at this number or amount, then do so without thinking the pump could make you more.
That's greed if you won't stop it.

[cryptoaddictchie]

If you have a lot of money to start trading and you are good and knowledgeable about trading, I think that you can get rich. The funds will be the priority because if you are trading with pennies then you will need a miracle and patience for an instant wealth to happen to you.

Thats not true. Some are started only with minimal funds and we're able to get rich by pooling off a good trade either on centralized exchange or decentralized. I knew some even started form 300 to 500 usd that grows so huge in short time due to their skill set on trading. It's a matter of strategy and technique. I'm not envied of those guys but I set them as inspiration on how they did it.

I'm also a trader and sometime I got lucky or fortunate to gain some good and decent profit and planning to widen that experience more.

[lepbagong]

Thats not true. Some are started only with minimal funds and we're able to get rich by pooling off a good trade either on centralized exchange or decentralized. I knew some even started form 300 to 500 usd that grows so huge in short time due to their skill set on trading. It's a matter of strategy and technique. I'm not envied of those guys but I set them as inspiration on how they did it.

I'm also a trader and sometime I got lucky or fortunate to gain some good and decent profit and planning to widen that experience more.

Yes, in the end it all depends on the expertise we have, even though capital also determines that we should not avoid this fact, but once again capital does not make an excuse for someone who has expertise in trading, of course, will determine what steps will be taken. because expertise is a knowledge that cannot be bought but because he learns from the journey he has been doing for a long time.

I really believe in what you say even though with a capital that is not too large with the expertise that we have, of course we can determine what steps will be taken even though not instantaneously but it is very certain that what has been done will increase with the time that is done in trading. it takes patience and nothing is instant in something like this.

Blessed are you are also one of the many traders and it is clear that to be like you, it takes courage and experience so that you can continue to do what must be done with proper analysis and do not panic and patiently analyze well. you are lucky, until now I have not dared to do it because I introspected myself because of the panic that could not be suppressed in my mind which is precisely the main problem.

[1l1l11ll1l]

It's not a question anymore.
Most of what will happen with traders is being taken over by greed.
The pumps and dumps could change your decisions in a blink.
So, I think the most effective way is to stand with your goal. Discipline.
If you already decided on a selling point at this number or amount, then do so without thinking the pump could make you more.
That's greed if you won't stop it.

Btw, there's no get rich quick method. Most of the trader's problems are maintaining their profits. many of my fellow traders have gotten a pretty good profit, but all of them turn into losses in a fairly short time. Expect too much, not having a profit goal on a certain scale and also over trading are greedy that we must avoid

[ngesotcoy]

People are always looking for x10 or x100 coin, most traders are too greedy. However, in addition to greed, they are also very impatient which is a fatal mistake in trading. So we can get rich by trading, but the number of rich people isn't much.

[ultrloa]

Yup it may be possible but many of
 want's to be millioner in a day.
Only less than 10% of the people really makes money by trading.

Every field has it's competition but in a greed, people join crypto to make their portfolio 10x.

But in most of cases they loss their hard earned money.
So,
Only we ourselves have to decide that,
where we want to be..
In 10% people or in 90% people

Yes why not? if many people think that they cannot get rich for trading then doing this is a joke, But seriously you can possibly earn some richest here but you should do a lot of research to have proper understanding on what are the things you needed to do, also if you have a small capital on it well obviously it will take longer time for you to  achieve what you targeted for trading some coins here. But if you have big capital to start on then provably you can make things fast but remember learn to execute your trades with having a good decision on when to take your profit and when to execute your cut loss since this is more important upon trading.

[tranthidung]

Investors are richer than traders, as a rule of thumbs.

You can get rich by trading IF (lot of IFs)

• You are disciplined traders who always obey your own rules: to entry and to exit or cut loss.
• Don't let your emotion decides how you enter or exit the market
• Don't join leverage trades till the day you are professional and successful trader
• Don't take loan and use it for spot trading or worse leverage trading. Pressure from loan can result in bad decisions as your emotion and mentality are very unstable.
• Don't join any signal group and make your trade orders based on your own investigation, calculation

[Rasel5209]

Yup it may be possible but many of
 want's to be millioner in a day.
Only less than 10% of the people really makes money by trading.

Every field has it's competition but in a greed, people join crypto to make their portfolio 10x.

But in most of cases they loss their hard earned money.
So,
Only we ourselves have to decide that,
where we want to be..
In 10% people or in 90% people

Yep only 10% people can growth her money woth trade.  Big of crypto people loss her momey. I loss 1 btc 2018 then i stop trade but 2020 again back in crypto.

[tvplus006]

...Only we ourselves have to decide that,
where we want to be..
In 10% people or in 90% people

When trading, it is very important not to lose your money. This rule is the main one and it is more important than even making a profit. Thus, having learned to trade with minimal risk of losing your deposit, you will definitely make a profit from your trading in the future.

[blckhawk]

Yup it may be possible but many of
 want's to be millioner in a day.
Only less than 10% of the people really makes money by trading.

Every field has it's competition but in a greed, people join crypto to make their portfolio 10x.

But in most of cases they loss their hard earned money.
So,
Only we ourselves have to decide that,
where we want to be..
In 10% people or in 90% people

Well, I would say it is possible to make millions with trading only if you have enough knowledge, experience, and quite a decent amount of capital to use, I guess. However, I don't think you can do it in one day though. It seems they are onto quick profits, are they? Well, that is the common mistake of newbies because there's no such thing as quick profits in trading, you gotta build some patience on it and that is one of the primary reasons why they always lose.

[LimLims]

Taking the decision to trade or not, completely depends on you.
But your statement cannot be 100% true.
Instead of Getting rich by trading, many people get bankrupt.
So without proper knowledge if you trade then surely you will face losses.
And I belong to both section of the people , i only trade that much amount on which i am capable of bearing losses.

[Ridwan Fauzi]

There is no instant way to earn money especially in trading. Indeed, there are so many people who tells that trading is a place to earn money quickly, especially in youtube. They make a content where they get a big profit in just a few minutes, it is true but I believe before he gets a big profit like that he will encounter many situations where he has a very large loss.

I believe it is poison for newbies, they teach newbies to be reckless in trading. They only offer a nice way when trading, because as far as I know there are not many traders who make content and show huge losses. My advice is, trading is indeed a way to get money but trading is also a way where you will spend a lot of money. Even not only that, but you will spend a lot of time and thought to achieve what you want. And, I read a lot of books about trading and many of them say that a new trader takes 5 years to get consistent profit.

[bekti3]

In fact, the concept of trading is not as easy as when you enter the market, conditions that are not always favorable in sales stability, you have targets according to what you want and of course are driven by current market movements. It should be noted that exchanging your money for cryptocurrency does not automatically increase your portfolio by 10x.

[sujonali1819]

First of all we have to learn it that trading is not for greedy or a lower hearted people who can not afford a little lose. Trading is only for the man who have knowledge about how it actually works and have brain to analysis. And profit also depend on traders portfolio. Because most of the case who start trading with a little portfolio can not do something good because always they expect a min profit every trade. For example someone has 100 usd in trading. So he expect a min profit 10 usd, but it actually 10% of invested money. But on the other hand if that user had 1000 usd and expect a min profit 10 usd. then It's really possible because it's only 1%.

[ololajulo]

Taking the decision to trade or not, completely depends on you.
But your statement cannot be 100% true.
Instead of Getting rich by trading, many people get bankrupt.
So without proper knowledge if you trade then surely you will face losses.
And I belong to both section of the people , i only trade that much amount on which i am capable of bearing losses.

No matter the case may be, trading this year will be profitable than previous years, especially in the bear. The advice to trade at low risk is determined by the capacity of all traders. Some traded with all they had and they didnt regret it and some with so little yet regret no doing more. I will say trading in bear is unsafe without enough experience but not taking risk this year is more riskier. Put good money in GOOD project and leave at a good time.

[kolbalish]

There is nonentity to explain very especially here. Simply plop, if you have adequate capital, persistence, patience, and enough proficiency in trading, that's all can perform to bring about someone rich. An additional real element is to harmonize with the good and the bad at any time.

[Imran232]

You can not be rich you can be the richest person in your circle.  But i recommended you something that do not comes in trading platform with this hope that you can be richest person very soon which will effect your hope, trust, and your investment. Comes with this hope that this is another kind of business where i have to learn lots of thing before start. And in my beginning journey i have to be with a little bit profit. Otherwise if you comes with a huge hope from your beginning then it could be like this. That you enter trading and after that you loss some then you becomes frustrated and you take wrong decision which is wrong project you choose to trade. Which result is you get zero. So the final thing is comes here, learn, start with slowly, gain experience then you can see result after a time.