Can I get rich by trading

[sayaya17]

Trading will be difficult if one does not master it. For that many traders are from 100% only 20% who succeed and gain more profit in crypto trading.
Here it is not only capital that becomes a factor to get rich in crypto trading. Requires expertise and experience, if you want to minimize the risk of loss.
Always be careful in choosing coins for your portfolio is a good thing before trading and investing. Learn coin technology, coin history may help in trading.

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[seleme]

Long story short: For getting rich either you have a lot of money or sacrifice your years for learning the hidden secrets of markets. It is not easy to get rich but it is not also impossible to get quickly rich with the right decisions at the right time. Newbies can open the max leverage trade during news and the sudden spike can quadruple the account balance less than 10 mins. Of course, the REKT will happen sooner or later. Trading capital is crucial at one point but some brokers can lend the account leverage for a long time with small commission. By the way, there are controlled mirror accounts on social trading platforms too.

[Yatsan]

Yes it is possible to get rich by doing trading. Some of the people we do know in the field of trading have taken years before they have become successful on this field. Trading is not just a day of making you rich. It is a process and anyone can be possible to do trading as long as you have the knowledge and skills to assess the market to determine the entrance and exit points to gain profit. The funds on starting up trading doesn't matter on how big or small. The important thing is you have an amount to start of trading and that you will make it possible to make growth using trading. Trading takes time and effort so if you do not have such patience on doing trading, you can just fail instead of gaining success on it.

[milewilda]

Yes, its possible to get rich with trading but it will vary on how you do well on making trades and how much you do risk out because profitability
will vary on how you do trade and this is where most people do have wrong perception towards it that trading can make them rich in no time
without even realizing on how hard to deal with it in reality.

It do requires lots of patience plus sufficient knowledge towards the market and how it moves.This isnt something that you can just
dive in and make money without any effort or hardship.

[cyriljundos]

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

There's no question about earning  lot of money in trading alt coins, you can be a millionaire instant, depends on your capital and investment. If you have more investment the more profit you may gain if you trade alternative coins and most important is your techniques and strategies on how you trade coins otherwise the disadvantages of it you will get loss of your assets and investment if you don't know how to trade coins.

[marcbitcoins]

Yes we can but trading need a lot of knowledge in order to do it properly specially on how to manage exposure, read charts, manage positions and properly use stop loss and this is on top of controlling your emotions as in the end it is you who takes the decisions when to open a trade. If one invests in the right time, any currency can make them rich. That include fiat currencies.

[rokon1234]

In my opinion proper knowledge can became you rich.Because most of the crypto traders have not much idea about cryptocurrency strategy.Before make big investment on crypto everyone should learn all about trading and became rich with crypto trading you need much patience on your mind.

[iv4n]

In tennis, it's similar, the top 100 make some money, all the other barely have to cover tournament expenses (tickets, hotels, managers...). If you wish to make money and get rich you need to be on top, but to be there you need to be a pro, in every meaning of that word! A lot of practice, you need to sharp your skills all the time!
Or you can buy a trading bot (some good one), invest in a bankroll and let it work for you!

[shushu9977]

If you know about crypto market and much knowledge about it, then you invest this market. Without much knowledge about crypto market, you should not invest in crypto market. That's wat, a few people are profit from trading, because they have a huge knowledge about crypto.

[crzy]

Trading is not an easy way for you to become rich, because trading takes a lot of sweat, tears, failed decisions, and a lot of mistakes and in order for you to become more successful, you have to face that challenges and do everything to become profitable.

Trading is a great source of money, with the right knowledge and strategy, I'm sure you can become rich in time just don't rush things so you won't lose money. Many succeed but still many are suffering big time, simply because they don't know when to stop.

[traderethereum]

It is possible to get rich by trading, but there are many things you need to do before you can start trading.
You need to learn many lessons about trading, practice what you got from the lesson, and get many trading experiences, so you will have a chance to make a profit.
You will get time to feel trading is easy to do and you can make a profit many times, but at other times, you will feel difficult to make a profit.
That will show us that trading is not as easy as we thought, so we need to learn more lessons to improve our skills.

[Oneandpure]

Why not to be rich trough trading in bitcoin or altcoin, but you should remember you can be poor if choose wrong coin and not entry with good time. Maybe almost trader only showed with how much profit earn from bitcoin and altcoin trading but they never give trading history with how much money loss from trading, maybe you can begin with spot trading only and never joining any ICO project or trying with future trading, after you know more with spot trading and coin price then you can learn with future or ICO investment.

[hv_]

Best way

Work

PoW

[nelson4lov]

It is possible to get rich by trading, but there are many things you need to do before you can start trading.
You need to learn many lessons about trading, practice what you got from the lesson, and get many trading experiences, so you will have a chance to make a profit.
You will get time to feel trading is easy to do and you can make a profit many times, but at other times, you will feel difficult to make a profit.
That will show us that trading is not as easy as we thought, so we need to learn more lessons to improve our skills.

You're on point. Trading is a skill to be learnt and it's not one that should be hurried. One of the mistakes I see a lot of people do is that they want to skip the learning process and go straight to trading futures - not even practicing with spots first. To make matters worse, they do so using signals from telegram channels. While this approach might work for a while especially when the market is trending, these sets of people tend to lose everything they earned simply because they don't know some vital trading concepts like Risk management, proper position sizing and keeping their emotions in check.

Even the best traders had to take out time to learn. You won't get rich by skipping the tedious parts.

[abel1337]

If you know about crypto market and much knowledge about it, then you invest this market. Without much knowledge about crypto market, you should not invest in crypto market. That's wat, a few people are profit from trading, because they have a huge knowledge about crypto.

Honestly speaking and on what I see, There are some bitcoin holders that I see that don't have too much knowledge about the cryptocurrency market and chances are they are only told to buy some for profit, For example, family relatives. In these past few months when bitcoin started to get attention, There are many new investors in bitcoin and I'm sure they got some profit from it and on the process, this can make people want to learn more about cryptocurrency and most likely they will learn to trade it and know more about the crypto market. Buying crypto without knowledge about it is risky but having a person who knows about it could possibly reduce the risk.

[Fatunad]

If you know about crypto market and much knowledge about it, then you invest this market. Without much knowledge about crypto market, you should not invest in crypto market. That's wat, a few people are profit from trading, because they have a huge knowledge about crypto.

Honestly speaking and on what I see, There are some bitcoin holders that I see that don't have too much knowledge about the cryptocurrency market and chances are they are only told to buy some for profit, For example, family relatives. In these past few months when bitcoin started to get attention, There are many new investors in bitcoin and I'm sure they got some profit from it and on the process, this can make people want to learn more about cryptocurrency and most likely they will learn to trade it and know more about the crypto market. Buying crypto without knowledge about it is risky but having a person who knows about it could possibly reduce the risk.

But with that lack of knowledge which do end up on holding coins do usually result into positive ones which i do called some newcomers luck but eventually that would really result into some mistakes later on.

Neither they would miss out on selling out for profits or would typically sell out early when they do see small gains but well it doesnt matter as long you profit and that what matter most.

Getting rich is possible but it would depending on how well you do make out your trades which not all are capable of.

[Sled]

To be honest, that depends on you and your mindset. It is probably impossible to happen if you never work for it and improve your trading skills. Because the future result of our trading will depend on what we do today. Remember that there is no such an instant rich scheme in trading and even other business, it never runs smoothly and quitters will never achieve that goal. Therefore, if we are aiming to get rich then we have to work it hard.

[Wulan_maniez]

Of course, I want to be in 90% of the people who succeed in trading. But that doesn’t mean succeeding in that trade is 100% always making a profit.
In trades are not always  profitable,  sometimes  traders  will experience  losses. In fact, it’s not  just a  trader’s problem that’s  expert  or  beginner.
Profit and loss are the laws of commerce. But with the expertise of a trader, it can minimize losses.

[Rengga Jati]

Yes, we can be rich from trading, we get so many profits and also collect the profits to make us rich.
However, never forget about "we can also be poor because of trading".
This is also true, when we are greedy, careless, only the following hype, not based on analysis, panic, and also not a good trader, we can lose our money so easily.
So, it means that whatever the condition and whatever what we are going to be rich, just focus on it, realizing also the risks to be more careful, wise, not panic, and also not greedy.

We have seen many cases about this, losing money because of trading. But we also have seen many cases, many people are rich because of profits from trading.
So, what will we do?? In which part will we be?

[imstillthebest]

you sure theres only 10 percent people that makes money in trading ? we are talking making money and we dont mention making millions yet but if your going to say millions thats another story .
 making millions a day is nearly impossible but it can be verry possible if you are already a billionaire , you can you use billions to make a few millions of profit .
 its easy to compete and win if the competition is composed of greedy individuals , all you need to do is to not be like them .
 we dont need to join those 90 percent just because they are too many compare to 10 percent .