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Author Topic: Trading is not a Game .  (Read 2047 times)
koang
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July 28, 2021, 08:27:49 AM
 #101

Trading without knowledge of crypto is just like throwing a dice, its either a win or lose so it's merely based on luck which isn't supposed to be so, crypto isn't a game it's supposed to be a skill which makes trader being self employed so definitely it's a profession to most people who took out time to learn. Your not a trader yet if you have no knowledge about technical and fundamental analysis, that's actually what's gonna make you a professional trader instead of gambling with your funds.

Currently, there are more than 5000 coins/tokens listed on the market and during a pandemic like now there are many people who have lost their jobs, they think that trading is a way to replace their lost income even many of them think that crypto trading sounds very easy.
The crypto phenomenon makes people speculate and dream of getting rich overnight but in the end, they will suffer losses.

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July 28, 2021, 08:56:14 AM
 #102

If you want to play a game, go and download a casino app and use virtual money only. Perfect game. If you want to earn money, you better get serious. this is not only for BtcUsd, but for other aspects in you life as well.

Problem is the virtual life on Insta and such, where ppl are pretending to be millionaires from buying BTC, where most of them dont even own any BTC at all. And they try to sell "get rich quick stuff" to clueless ppl, who then loose money.
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July 28, 2021, 09:04:31 AM
 #103


Totally different because it isn't a game on where you can just put up orders without any basis

you can't do that in poker either



Be serious towards your investment

we are talking about trading right? there is a huge diference between trading and investment.

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July 28, 2021, 03:31:55 PM
 #104

For me making money is difficult and I am always serious when trading, because like you said money is related to trading. So I don't want the money I used to trade to be wasted, if I have a trading loss then at least there is a lesson I can learn. From the very beginning I got to know crypto trading, I don't think it's a game, because trading isn't really a game. Only rich people who have excess money consider trading as a game, but the number of rich people who think like that is also few to my knowledge. Because usually rich people also want to be even richer, then he will also take trading seriously.
Rich people definitely do not see it as a game, that is how they become rich people. Sure Elon Musk could be, after all he has money in doge and that is a memecoin so you can consider it as a funny think he is doing that doesn't make any sense. However at the end of the day almost no rich person is like that, very very rarely (or if they inherited wealth).

Rich people take care of their money like crazy, they utilize every single bit of it, they try to get debt constantly to constantly be in debt but growing, it doesn't matter if you have 1 million dollars new debt if you are making 10-20 thousand dollars more money every month, you are going to cover that very easily, and even get more debt before you pay that one off. This is why I honestly believe that rich people take care of their money so well that they think this is more serious than death, since they do allow some death in their business when it profits them (look at mining death all around the world).

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July 28, 2021, 04:45:08 PM
 #105

 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.
It turns into a game especially when you use Futures trading. Well, trading shouldn't be a game but when you see the crypto market being so volatile... When coins like Shiba Inu are getting 30 000% rise, it is clear that the trading is a game. The price of most coins is out of logic. Bitcoin was performing well when price was 6K, I hugely doubt that demand on it increased 10x times. And BNB, pure market speculation, this coin went from 20 to 680 and still plays regularly around 200-400.
Bitcoin's price was 60K and become 30K in just one day, after Elon Musk's tweet, it went thousands of dollars down in just minutes. None technical analysis and deep understanding of the market could predict that if it wasn't just Elon's tweet and then China's ban.


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July 28, 2021, 05:30:55 PM
 #106

Of course, trading Isn't easy to earn money. I was trading since 2017 and sometimes I lost my money and sometimes I got profit. Still I am learning about trading. Before invest, you should get more and more analysis about crypto-currency and get more knowledge and search more information as you can.

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July 28, 2021, 05:39:28 PM
 #107

Trading without knowledge of crypto is just like throwing a dice, its either a win or lose so it's merely based on luck which isn't supposed to be so, crypto isn't a game it's supposed to be a skill which makes trader being self employed so definitely it's a profession to most people who took out time to learn. Your not a trader yet if you have no knowledge about technical and fundamental analysis, that's actually what's gonna make you a professional trader instead of gambling with your funds.

Currently, there are more than 5000 coins/tokens listed on the market and during a pandemic like now there are many people who have lost their jobs, they think that trading is a way to replace their lost income even many of them think that crypto trading sounds very easy.
The crypto phenomenon makes people speculate and dream of getting rich overnight but in the end, they will suffer losses.


Without proper studies and conducting deeper research, instead of earning they ended up losing.

It's not a quick  to rich schemes but most of those new to this venue think that way, hoping that those kind of success coming from people who manage to use this venue and change their live will also happened to them, it's best to work out with proper knowledge to equip your journey inside this industry.

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July 28, 2021, 06:06:51 PM
 #108

Forex Trading is not a game, if you would be trading with that intention, you might lose it all. You need to be very much serious while dealing with Forex Market.
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July 28, 2021, 06:53:06 PM
 #109

Time, patience, knowledge and Capital 
I love the four factors your listed I feel they are very important both for newbies and professionals because the market doesn't consider how long you have been trading if a trader lacks this factors he/she will remain in unavoidable losses. If a trader tries to play trading as a game such is only risking his/her account because the market would constantly take from him/her to pay those with the right knowledge.

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July 28, 2021, 08:18:13 PM
 #110

Time, patience, knowledge and Capital 
I love the four factors your listed I feel they are very important both for newbies and professionals because the market doesn't consider how long you have been trading if a trader lacks this factors he/she will remain in unavoidable losses. If a trader tries to play trading as a game such is only risking his/her account because the market would constantly take from him/her to pay those with the right knowledge.
Those are main ones and if one of those things lacking then you cant really execute a good trade.You would need up that patience and of course the money that you would use up.This is something that cant really be treated as a game since you know that you are risking your money through investment for you to earn money too.This is why it would really be requiring all of those things for you to sustain this thing.
If you arent serious then you would definitely be having a hard time or would surely fail on this one. Dont treat it as a gambling because its a different thing.

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July 29, 2021, 05:58:51 AM
 #111

Forex Trading is not a game, if you would be trading with that intention, you might lose it all. You need to be very much serious while dealing with Forex Market.
Usually, those who have experience in Forex Trading say Crypto Trading is all about gambling. Whether you're a Forex Trader or a Crypto Trader, you can earn consistently. It is common for Forex traders to state that Crypto Currencies are not reliable businesses, but rather Forex Trading. The contradiction isn't going to end anytime soon. Follow your passion. What's the point of taking up crypto if you think it's good to trade Forex market?

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checkmatesir
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July 31, 2021, 07:58:10 AM
 #112

Especially the newbies think when they enter into the market that they know much about the trading and eventually they don't know that much which is needed even. Thus they get loss and thinking that they have done it really well by their side but the problem is in something else. So, they didn't study the coins, which is their mistake.

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July 31, 2021, 10:20:27 AM
 #113

Trading is not a game, it is a work and not an easy work it has two sides wining and losing, some newbies loss in trading because they think that trading is a game and they don't do it in a serious way, that is why they loss their capital, we need to do trading in a serious way and fucos on it to avoid losing.
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July 31, 2021, 11:38:53 AM
 #114

Trading is not a game, it is a work and not an easy work it has two sides wining and losing, some newbies loss in trading because they think that trading is a game and they don't do it in a serious way, that is why they loss their capital, we need to do trading in a serious way and fucos on it to avoid losing.
You don't have to make it as your work, I know some people that trades but does it as a side job but they still make a lot of money from trading. I disagree about taking it seriously since there's a degree of seriousness that you should add to it but at the same time don't be too serious, take it in the middle.

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July 31, 2021, 12:29:45 PM
 #115

Trading is not a game, it is a work and not an easy work it has two sides wining and losing, some newbies loss in trading because they think that trading is a game and they don't do it in a serious way, that is why they loss their capital, we need to do trading in a serious way and fucos on it to avoid losing.
I agree on that, because if we do trading and think that it was a game we will surely loss. It s not a game because we are doing it to make profit and not to have some fun we do trading because we wanted to earn for we can buy our daily needs or we can have a financial support from our earning in trading. Even if we do it in a part time we need to do trading in a serious way.
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July 31, 2021, 05:15:46 PM
 #116

Of course, cryptocurrency trading is not a game. Adequate knowledge and skills are required to earn through cryptocurrency trading. For those who have chosen it as a source of income, earning through trading is a challenging and skillful task. Although there are some traders that trade only on luck and gain from it, the issue is a lot like gambling. So it can be said that it is not possible to earn through cryptocurrency trading without a skilled trader as cryptocurrency prices are volatile and there is a lot of potential for loss if you chat without analyzing the market. So those who think it is easy to invest in it later call it fake. Understand that cryptocurrency trading is not a game, it is a means of gaining professional skills and knowledge.

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July 31, 2021, 05:49:54 PM
 #117

Of course, cryptocurrency trading is not a game. Adequate knowledge and skills are required to earn through cryptocurrency trading. For those who have chosen it as a source of income, earning through trading is a challenging and skillful task. Although there are some traders that trade only on luck and gain from it, the issue is a lot like gambling. So it can be said that it is not possible to earn through cryptocurrency trading without a skilled trader as cryptocurrency prices are volatile and there is a lot of potential for loss if you chat without analyzing the market. So those who think it is easy to invest in it later call it fake. Understand that cryptocurrency trading is not a game, it is a means of gaining professional skills and knowledge.

Those who trade on the basis of luck are not trading but they are more like gambling.
Yes trading do involve a lot of risk as we might lose a substantial portion of our capital if we don't invest in the right cryptocurrency at the right time.
We have to look for good entry and exit points and use stop losses to minimize losses.
There's more to trading and we must learn all the aspects and start to trade with small amounts to get a practical experience.

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Oilacris
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July 31, 2021, 10:58:11 PM
 #118

Now, There are a lot of people know bitcoin from influencer. And when i saw some of their videos they only tell people "you only need to do this and you will get profit". And they not tell people about what risk behind trading and people attracted with that. That is why people really underestimate it and think it is only game, and then end with losses without any help from people who know how to minimize loss.
There are no people who get fooled if they are really just using their own common sense but most noobs are really easily get shined upon with good offers which are totally too good to be true for you to believe on.

Trading is not something that you can just dive in without any knowing the basics or even talking with those simple investment which it is really needed for you to learn up at least so that you wont really be wasting up your money.

Dont be fooled with fast earning opportunity because those are just scam.

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July 31, 2021, 11:59:10 PM
 #119

Now, There are a lot of people know bitcoin from influencer. And when i saw some of their videos they only tell people "you only need to do this and you will get profit". And they not tell people about what risk behind trading and people attracted with that. That is why people really underestimate it and think it is only game, and then end with losses without any help from people who know how to minimize loss.
That type of instruction is really dangerous coming from that type of influencer. Showing how to profit with bitcoin by just saying "by doing this, you'll make money". Well, those really are the influencers that are only hyping whatever they want to hype.

The risk involved upon investing is really high and they need to tell that to their viewers so that they won't be surprised if the market fluctuates. Because most of those viewers are just for the profit and not aware of its risk and fluctuations.

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August 01, 2021, 09:11:08 AM
 #120

As Trading is a business and we should take it as like as business and we all know that we always don't make fun in business and don't think that it is a game because we can make profit in it and also we can make a loss even too. So, invest in the coin which give you profit.

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