Can I get rich by trading

[SquallLeonhart]

Reaching out goals or simply becoming rich wont really be a simple path for someone to take.It would involved lots of trials and errors plus experiencing those worst of the worst on this journey.Trading can make your rich but it would depend on how much you had put on and risk on and on how well you do make out to be ending up to be profitable.
Not all would really be succeeding into this career path and in fact lots had failed and slapped into the ground just because of hurrying too much.
Take it slow and dont rush up and study all the possible things that you can do.

It is definitely a patience required path, plus getting richer from nothing will take even longer, most rich people in the world right now had parents or family that was already rich, look at all the top names on forbes richest list and there is very very rare names there who came from nothing, sure they became 1000 times richer, but they weren't poor neither, they had great lives and put on top of it to become the richest people, it is still accomplishment but it wasn't from zero.

So, if you start from zero you are going to have a big hard time to get into rich levels, even middle levels will take a lot, starting with nothing and having 10 thousand dollars is a huge deal, but even if you do that you just have 10k, and reaching from there to 1 million dollars will look impossible. If you are patient and work hard and keep grinding you could do that in many years but you need to always keep working for it.

[South Park]

the answer can be yes and no. Many people get rich by trading, but they also learn how to trade properly and properly in order to get a profit. Don't just want to be rich, but how you can learn about trading.
Conversely, many also go bankrupt with trading because they do not have the knowledge of trading and do not have bad strategies and psychology when trading. Make sure, before you want to get rich by trading you have to know the way you have to know the knowledge.

This is pretty much the truth for almost anything, people can become rich with trading but they can become poorer and the chances that you become poorer are higher than the chances you make any money, more than 90% of traders lose all their money, the rest only make a little bit of money and only a minority of less than 1% make profits big enough to become rich with trading, and yet despite those odds everyone thinks they can become rich with trading.

[Fredomago]

the answer can be yes and no. Many people get rich by trading, but they also learn how to trade properly and properly in order to get a profit. Don't just want to be rich, but how you can learn about trading.
Conversely, many also go bankrupt with trading because they do not have the knowledge of trading and do not have bad strategies and psychology when trading. Make sure, before you want to get rich by trading you have to know the way you have to know the knowledge.

This is pretty much the truth for almost anything, people can become rich with trading but they can become poorer and the chances that you become poorer are higher than the chances you make any money, more than 90% of traders lose all their money, the rest only make a little bit of money and only a minority of less than 1% make profits big enough to become rich with trading, and yet despite those odds everyone thinks they can become rich with trading.

Trading is not an easy to go rich scheme, it's  a market where everyone inside are aiming to earned. You need to compete as the reality around is your winning money is someone's money. Most of the time, those who able to make money from this market firstly suffer and lose their initial investment, but because they're not giving up. They've manage to work with their knowledge and find the right strategy to work with and enhance it from time to time.

[Wisbrown]

Why do you think people mine and invest in cryptocurrency, why do people do business?  In  business gradual gain make rich.  so the purpose people get themselves involve in cryptocurrency is not to get poor but to get rich

[ScamViruS]

If you are thinking of getting rich easily, it will be a bad dream. If you want to be rich, you can do it by using your talent and working hard.

Trading is not as easy as it may seem from the outside. You need to have experience, skills and knowledge of the market to trade. If you enter the market without any preparation, the results will be dangerous. Prepare yourself in such a way that you can analyze the market properly, because you cannot trade without market analysis.

I know a person who is earning a lot of money through trading, he has worked hard when he was learning to trade. Now he is successful but he is still learning. Because trading is something where there is no end to learning.

[Japinat]

People can be rich in trading if they have a huge capital, with excellent trading skills and knowledge but there is no like this thing, it might just a dream of becoming a millionaire. But even you have the capital, of course, this will depend on how you put works on our trade.

Now, ask yourself. How confident you are to risk your money in trading? Please be reminded that this will never give you an easy job, nor to have easy money in trading, and losses will accompany you. If that you'll think it is fine, then you have to try and evaluate the result.

[South Park]

If you are thinking of getting rich easily, it will be a bad dream. If you want to be rich, you can do it by using your talent and working hard.

Trading is not as easy as it may seem from the outside. You need to have experience, skills and knowledge of the market to trade. If you enter the market without any preparation, the results will be dangerous. Prepare yourself in such a way that you can analyze the market properly, because you cannot trade without market analysis.

I know a person who is earning a lot of money through trading, he has worked hard when he was learning to trade. Now he is successful but he is still learning. Because trading is something where there is no end to learning.

Many people see a person making a fortune in trading and they only see the tip of the iceberg, they only see this person earning money while just watching charts for some hours and they think it is an easy job to do, what they do not see are the hundreds if not thousands of hours that this person went through reading book after book about trading, testing his theories about the market, failing and losing money in the process and finally reaching a point in which he could begin make profits.

[angrynerd88]

Some one pleasantly cited that on the off chance that i alloted errand of to cut a tree within 3 hours i will incline toward to spend 2 hour for sharp the hatchet. Really, you'll be able play secure in exchanging, in long term exchanging by fair making an speculation and hold up to pump the coin this takes time but there's a chance that gets to be more secure than the edge exchanging in this kind of exchanging is more hazardous than the long term exchanging but the most effortless one to win instantly. Still, this requires a parcel of information with respect to with the market graph, technical indicators, slant line and more still you wish to create an venture together with your information to outlive on this kind of exchanging.

[okissabam]

Yes people can get rich in trading but not in an instant. And it also depends on how much you’ve invested and for how long too. I know someone who’ve invested his last pay at work and every time bitcoin reaches a new ATH he would announce how much he profited. But I don’t think he ever withdrew his profits and kept hodling up until now.

[Janation]

Yes people can get rich in trading but not in an instant. And it also depends on how much you’ve invested and for how long too. I know someone who’ve invested his last pay at work and every time bitcoin reaches a new ATH he would announce how much he profited. But I don’t think he ever withdrew his profits and kept hodling up until now.

Trading and investing are different from each other. As jjdub7 posted in this thread,

You need skills to succeed in both.

Trading is more rewarding, but it's 'active'. You have to follow news, indicators, and so on daily.

On the other hand, investing is more passive after the initial due diligence where to put the money...

I think you are talking about investing and not trading. We can all get rich through trading, but it is not that easy. We can talk about how we should control our emotions, what we should do in a certain movement or anything like that but it will all still end up on how you will be managing your funds and your investments.

[coiner-88]

Exchanging simply by making a venture and hold back to siphon the coin this requires some investment yet quite possibly gets more secure than the edge exchanging this sort of exchanging is less secure than the drawn out exchanging yet the least demanding one to procure right away. I introspected myself in view of the frenzy that couldn't be stifled in my brain which is unequivocally the principle issue.

[darthflux]

It really depends if you focus on trading and have some good strategies maybe you can be rich in the future. You can also use some trading algorithms like Mudrex. That could help you get more trading strategies if you want to earn more profit and be rich in the future.

[Swopon]

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

In trading, you can earn a lot and by this money, you can be a rich person. On the other hand, you can lose your funds too due to lack of enough knowledge and strategy.

There is a huge possibility of getting rich by trading and you should have the knowledge to use in proper places and technical analysis and research based knowledge can help you a lot to gain more profit.

[Smartprofit]

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, you can get rich trading cryptocurrency.  However, this is not an easy task.  

A person has imperfect thinking.  He is subject to emotion.  Also, the trader can get tired and make fatal mistakes.

The brain of primates (humans is a primate, as well as great apes) are poorly equipped to process huge amounts of information.  In the process of evolution, primates solved simpler tasks - picking a banana from a palm tree, finding a cave for shelter, etc.

Who could have guessed that their distant descendants would trade on the cryptocurrency exchange?  

Therefore, to get a profit in trading, you need iron self-discipline.

[Xinarae*]

In order to make a profit for a business you must know about trading it is never possible to make money without knowledge of the art of trading the amount of losses will increase here. Therefore before joining crypto and starting trading, you need to know the correct information about trading strategies and markets understand trading signals in that case you can become rich by trading but trade may not always be profitable. You have to try to rise above the risk applying your intellect you need to focus more on trade.

[isaac_clarke22]

~

Trading and investing are different from each other. As jjdub7 posted in this thread,

You need skills to succeed in both.

Trading is more rewarding, but it's 'active'. You have to follow news, indicators, and so on daily.

On the other hand, investing is more passive after the initial due diligence where to put the money...

I think you are talking about investing and not trading. We can all get rich through trading, but it is not that easy. We can talk about how we should control our emotions, what we should do in a certain movement or anything like that but it will all still end up on how you will be managing your funds and your investments.

Controlling emotions somehow applies to holding as well, since like me I usually take a peak in the price quite often like spamming F5 in the price charts since it is being updated continuously anyway.
Some people are just too emotionally driven by the price because what they invest were like all sacrifices from their assets and that's really really bad move.

[TheGreatPython]

Yes people can get rich in trading but not in an instant. And it also depends on how much you’ve invested and for how long too. I know someone who’ve invested his last pay at work and every time bitcoin reaches a new ATH he would announce how much he profited. But I don’t think he ever withdrew his profits and kept hodling up until now.

Yes, but it is funny that most people here said NO. I knew that there were lesser amount of people who purely just keep on trading everyday all day, and more people who like to invest. I like to call myself an investor, I rarely ever buy and sell a coin at the same day, probably do that because I want to move money around, otherwise I would never do that.

I should say I usually keep the coin as much as I can, and check how it is going and unless its at the price I want and not going high, I will not sell it, I would consider selling if it reaches price I want and stops going further high. And I only buy when I have a price for it to drop and if it reaches that price I do end up buying. Plus, I do not deal with low level bad coins that are risky, I usually end up trading top 100 coins and not under, there were few times I found some of them good as well but it rarely goes out of top 100.

[molsewid]

Yes people can get rich in trading but not in an instant. And it also depends on how much you’ve invested and for how long too. I know someone who’ve invested his last pay at work and every time bitcoin reaches a new ATH he would announce how much he profited. But I don’t think he ever withdrew his profits and kept hodling up until now.

I agree, there is not instant in this crypto market the only thing that can change fast is the market price that is volatile, we all can get rich in trading a have a tons of friend who get rich because of trading they even try the $100 challenge , and I am seeing their progress, not all the day they have gain they encounter losses even they are years in trading there are some point that they are close to bankrupt because market fluctuates unexpectedly, what I am saying is you will be rich but you may experience hardship and trials in your way

[sunny28]

Yes people can get rich in trading but not in an instant. And it also depends on how much you’ve invested and for how long too. I know someone who’ve invested his last pay at work and every time bitcoin reaches a new ATH he would announce how much he profited. But I don’t think he ever withdrew his profits and kept hodling up until now.

I agree, there is not instant in this crypto market the only thing that can change fast is the market price that is volatile, we all can get rich in trading a have a tons of friend who get rich because of trading they even try the $100 challenge , and I am seeing their progress, not all the day they have gain they encounter losses even they are years in trading there are some point that they are close to bankrupt because market fluctuates unexpectedly, what I am saying is you will be rich but you may experience hardship and trials in your way

Rather, how can anyone be lucky, in 2017-2018 people thought that they were trading and making good money, but they just did it all on an uptrend in the market, when it was possible to do nothing at all and make money by simply buying coin.

Therefore, difficulties can be encountered at any moment, most likely each person will face it, because they will not face it is not real, but how a person will react to all problems can tell about his future potential.

[Hobo66]

In These days all Coin are going very high. Cake token,1 inch token,uniswap token ,polkadot ,Etherium and Btc all have reached All time high. You can definitely make a huge income and become rich by trading. But you should do right strategies and tomento follow.
Trade on big coin like BNb Eth and hope you will earn big.