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Author Topic: Trading is not a Game .  (Read 2078 times)
ven7net
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July 24, 2021, 12:19:00 PM
 #61

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.

If you are serious about understanding the cryptocurrency trading process, then it really is not a game, but a job. But it is not surprising that a part of traders come to trade making for themselves the installation that they just play and hope to win. But since this is self-deception, such traders very often lose money. But to get a stable profit in trading, you need to approach it like a serious job, and for this you really need to spend a lot of time and knowledge. So if you are going to become a trader, you should know that you don’t just make money here, but you need to work hard to make a profit.
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July 24, 2021, 12:42:14 PM
 #62

Having luck in trading initially is worst than having bad luck and facing reality because at times when we come out profitable from a trade that was solely based on luck, we get overconfident and go bigger next time. It's much more important for a trader to fail initially to realize how technical trading is and not just recklessly buying and trading tokens will not work.

Trading, Gambling, Betting (sports betting) are all similar and when one may turn into another, we don't even know. In sports betting, you have the ability to analyze but then there is a huge house edge. In gambling the edge is low but there is no chance of analyzing things. Trading is the only activity where there isn't a house against you and you still have the ability to read and analyze the market.
It is stupid to compare trading with gambling. Trading and investing is NOT gambling. It's gambling when you trade or invest on shitty coins that you know is a scam coin. That's because you are trying your luck. Investing in those coins means you will either lose everything or will make a fortune. But when you trade those well known coins, your profit depends more on your skill and understanding of the market whereas gambling is a game of chances. It outcome depends on pure luck. So we can't call trading a form of gambling.

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July 24, 2021, 02:20:33 PM
 #63

in a game you can win or lose and that is the same as trading .
 traders dont mind the outcome as long as they are enjoying the game or the trade . trading is not easy and its a big mistake if a newbie directly jump in trading without starting in the begining of learning what is cryptos and its functions .  this is rampant now that many people are looking for ways to earn income  and they will saw trading . we are lucky because we know cryptos earlier and step by step .
How can you enjoy if you are losing money? That’s frustrating to see your money slowly dumping and something is wrong with your decision and strategies in trading for sure, you have to address that problem.

Trading is not a game, don’t make fun with it and you have to take that seriously. Though of course you still have to balance your life and have some social life, but in trading you also need sacrifices. Learn the process, do your best and be good in trading if you really want it.

I think it's also quite important that you keep in mind not to trade with money that you can't lose.

Do you need this money to pay your rent? Don't trade with it!
Do you need this money to buy your food? Don't trade with it!

Some traders are very rich and can afford doing some fun-trading as well.

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July 24, 2021, 02:34:43 PM
 #64

Lot's of people think trading is really easy people think they can just buy a coin and after few hours they will be in a good profit. Trading is not really easy I believe you should not just jump into trading if you don't have basic knowledge to avoid losing of fund. Seriously trading is really profitable and is something you can really depend on but there are basic things you should know before you start trading which which:
1. You must know the coin you want to buy, you must do your research about the coin first before buying any coin.
2. You must always invest any amount you know you can afford to lose.
3. Always make sure you pick a good entry.
4. You don't have to be greedy so you have to know when to exit the market even with little profit.

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July 24, 2021, 02:46:59 PM
 #65

Trading is just like we gamble our money but doesn't mean that we are making this for pleasure or just having fun as this was a serious market deal.
People had come into trading is not they are mentally asking for luck but they are putting an effort, apply their trading strategies, make use of trading tools for the sake that we can make a good profit after we place our trade order. But if this was not clear to us, this could be a reason why we are still losing despite we are choosing good coins in the market.

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July 24, 2021, 06:46:08 PM
 #66

This is clearly very different between trading and gambling, cannot be equated unless you play binary the same as gambling can only guess the price will go down or up.

Technically trading can be done as long as our analysis is right not just guessing but the basic analysis that we have gone through and the process so far, trading will not lose everything as long as we can research the coin with TA then it can be proven that the coin will soon reach that increase why trading and gambling are so different.
Actually binary trading is not just a guess up or down. As professional traders, those who trade binary have some technical analysis that will help to determine the ups and downs of the stocks being traded. Those who just guess without doing analysis are just beginners trying to profit from their guesses without doing analysis.

Whatever the type of trade must have an analysis, depending on who is doing the trade. Technical analysis is a mandatory job that must be done so that trading is not the same as gambling which is just guessing.

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July 24, 2021, 06:53:11 PM
 #67

Trading without enough knowledge at least about the basics is like fighting a battle without any weapon, you'll surely lose. Trading is a long process of learning since it has a huge risk because of the market's volatility. What we need to learn is how to deal with the market. It's better to trade when we're fully prepared emotionally and if we're knowledgeable about what we're doing.

On the whole, I agree with you. Trading in itself is an extremely difficult and tedious task, you always work with the probabilities of events that may or may not be related to each other.
Anything from a world event to an altercation with your spouse can happen at any moment, which can easily knock you or the market off balance. Trading is knowledge and experience.

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July 24, 2021, 07:17:01 PM
Last edit: July 26, 2021, 10:10:18 PM by seleme
 #68

Like in gambling, when they lose house scammed them but it is their successful mind when they are in profit. Trading is also sort of a game called zero-sum capital competition. One's loss is a profit of another market participant, only brokers aka exchanges are able to make guaranteed money on this game. Emotions also control majority of traders, they never accept losses and keep chasing untill stop out level.

Trading without enough knowledge at least about the basics is like fighting a battle without any weapon, you'll surely lose. Trading is a long process of learning since it has a huge risk because of the market's volatility. What we need to learn is how to deal with the market. It's better to trade when we're fully prepared emotionally and if we're knowledgeable about what we're doing.

On the whole, I agree with you. Trading in itself is an extremely difficult and tedious task, you always work with the probabilities of events that may or may not be related to each other.
Anything from a world event to an altercation with your spouse can happen at any moment, which can easily knock you or the market off balance. Trading is knowledge and experience.

It can be extremely dangerous if the trader doesn't know what he is doing. Following the news and making a technical analysis doesn't work anymore because of the big speculation by the whales, they ruin the daily regular market movements with social media. Similar rules are possible for trading but in games, we don't lose money for making the wrong decisions.

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July 24, 2021, 08:30:18 PM
 #69

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
Most common behavior of a newbie on where they do really push  up into something that they do initially expect on a thing that they  havent experience it yet and believing that they could make out
easy profits with it without even realizing that majority of people is really striving for it to do so because trading isnt something as simple as it sounds but sooner or  later they would really realize
on how hard  it is to  deal with this market.Trading is game and its not for the faint hearted  because you are risking your money on  here and you would  do  your best for you to sustain at least
and if you do treat it as a game then expect that results would really be ending just like gambling.

R


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July 24, 2021, 10:33:34 PM
 #70

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.

They said it's a scam due to lack of knowledge behind trading, and without further skills to handle situations that their funds faced through pressures specially when there's declining value. Learning process isn't an easy task to do, so it really needs enough experience. Guidance from experts should be made in order to obtain good gains and earn sustainable profit l, since we're not playing game here like gambling.
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July 25, 2021, 12:40:08 AM
 #71

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
Trading without knowledge is just like gambling, so bad most newbies jump into trade without acquiring much knowledge and in return loose funds. So my advice would be not just think of how much profit you could achieve, think of the risk involved and how much you could loose as well, to those who lose to trade giving up isn't the best option. Give your self time, learn about trading and risk management surely such person will win.

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July 25, 2021, 02:55:24 AM
 #72

A trader basically should not easily feel discouraged, must have a strong sense of self-confidence in the efforts made so that they can continue to explore insights related to trading.
Well, this is not like a game that is easy to play and gets easy wins without much thought and learns, but an effort that must be deepened so that can be mastering it well.
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July 25, 2021, 07:59:59 AM
 #73

in a game you can win or lose and that is the same as trading .
 traders dont mind the outcome as long as they are enjoying the game or the trade . trading is not easy and its a big mistake if a newbie directly jump in trading without starting in the begining of learning what is cryptos and its functions .  this is rampant now that many people are looking for ways to earn income  and they will saw trading . we are lucky because we know cryptos earlier and step by step .

You're absolutely right about it mate. I think trading is some kind of game but we need to take it seriously because it cost of everything we have put in a basket. Trading is definitely not easy and a constant learning is required for a trader. Being a newbie in trading is not totally scary if you know what you're doing and you equipped yourself with so much knowledge about trading and of course learn to accept whatever the consequences is. Every trader went through failures and that's what taught them more about trading.
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July 25, 2021, 08:45:15 AM
 #74

in a game you can win or lose and that is the same as trading .
 traders dont mind the outcome as long as they are enjoying the game or the trade . trading is not easy and its a big mistake if a newbie directly jump in trading without starting in the begining of learning what is cryptos and its functions .  this is rampant now that many people are looking for ways to earn income  and they will saw trading . we are lucky because we know cryptos earlier and step by step .

You're absolutely right about it mate. I think trading is some kind of game but we need to take it seriously because it cost of everything we have put in a basket. Trading is definitely not easy and a constant learning is required for a trader. Being a newbie in trading is not totally scary if you know what you're doing and you equipped yourself with so much knowledge about trading and of course learn to accept whatever the consequences is. Every trader went through failures and that's what taught them more about trading.
Trading is definitely not easy but experienced traders can make it easy. Have patience and trust you're technical analysis, you will win sure. Trading ain't a gift, you need to learn it by your hard soul. Learn basic from youtube, failure just a part of the successful trading journey. Once you get it, you know how to win.
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July 25, 2021, 05:44:10 PM
 #75

A lot of people have this wrong idea about cryptocurrency markets where they go in thinking that they will be able to make huge profits from it in a short amount of time, so they invest money and not time and they are blinded by their greed and they end up making mistakes and taking the wrong actions and as you said they start blaming others or the market or the method for their mistakes, where they should be investing in knowledge and educating themselves before going and losing their money.
Social media is responsible to a large extent for such mentality. No one can deny that cryptocurrencies trading has the highest potential among all the online investments but that doesn't mean it is easy at all. It only underlines the volatility associated with cryptocurrency trading and although high potential projects exist, there are others who aim to just brutally scam the investors. Since this is a decentralized market, you can't even file a complaint against a scam either.

It is not totally a game or just an easy money platform to earn money because you need a lot of knowledge when it comes to this you need time patience and lots of knowledge to those who expert in trading. Some newbie enter in trading by not knowing all the fundamentals and secrets of how or what is the best way to earn to this kind of investment and after they lost or their investment gone they will say its all fake but thats not the truth.
Yeah once someone ends up falling for a shit coin or a scam, they will just outright blame the cryptocurrencies instead of acknowledging that they made a mistake and every market has good and bad projects.

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July 26, 2021, 01:28:04 AM
 #76

Everything they see on the people who makes a trade they think it's just easy just to predict the upcoming trend if it's a buy or a sell. By this, it consists of a lot of things such as the technical analysis, trading plan, budget, and more. Trading is not a game it's a battle of mental and physical strength.

Trader always shows its profit but not the losses. It's not all about the green days sometimes red or losses coming up. Trade what you afford to lose.

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July 26, 2021, 01:54:36 AM
 #77

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
Spot trading isn’t a gane because here you need to know good knowledge about candle sticks and market, without knowing proper knowledge you can't be a trader so of you don't know any knowledge about trading then it will be turned as a game.
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July 26, 2021, 02:21:19 AM
 #78

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
Trading is not as easy as it seems and requires knowledge, plan and strategy to maximize the chance to earn. There's no guarantee of gaining thats why its a must to only invest what you can afford to lose, thus if something unexpected happened then it wont be hard for you to accept the outcome. Losing is inevitable however there's always a chance to get back what you lost by learning from the past experience that can help to execute a good result the next time you trade.

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July 26, 2021, 05:38:05 AM
 #79

  All Traders has a big knowledge regards in trade they never expected to win in trade cause they know that in market the cryptocurrency in trade is Volatile and everybody know that in trading is unexpected wetheir we lose or win.

  Some newbie in trade and they have not enough knowledge regards in trading after that they take a risk an they just lose, all they will say that trading is a scam ,fake, not reliable, and not Good to trade. That's why they lost their faith about trading . That's why some traders here give some advice on how to trade or before you trade we must learn how to enter in trading.
Trading is not as easy as it seems and requires knowledge, plan and strategy to maximize the chance to earn. There's no guarantee of gaining thats why its a must to only invest what you can afford to lose, thus if something unexpected happened then it wont be hard for you to accept the outcome. Losing is inevitable however there's always a chance to get back what you lost by learning from the past experience that can help to execute a good result the next time you trade.
trading is not just buying low and selling high, therefore I find it not easy. for that we must continue to learn from the mistakes of others so that we do not experience them. on the one hand we should use personal money that is not used for the necessities of life so that our psychological burden is lighter

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July 26, 2021, 11:14:13 PM
 #80

Money in relation with trading is not really a game for it is very essential to handle your stuffs specially upon dealing into the cryptocurrency market that is highly volatile wherein you do need to take it seriously upon making decisions for the reason that it would greatly affect the state of your funds being inputted in the market you have chosen to do the trade. If you are an in individual that does not take trading seriously, then you might be a type of person who have plenty of money on which you are just wasting your time and money for thinking that trading is just a piece of cake that is just easy to be done.

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