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Author Topic: How cryptocurrency trading have helped the youth.  (Read 886 times)
cryp24x
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August 30, 2021, 01:55:40 PM
 #21

You have a very nice start up here in cryptocurrency business huh, As a starter especially in youth stage level literally speaking you really need to have a capital and you are not oblige to put a big amount. In fact, small amount is enough to start with actually. Just don't be so greed when you do trade in the actual platform exchange anyway. Remember practice makes perfect, and while doing it, keep on studying too about trading here in cryptocurrency as well to feed yourself knowledge and idea about it too.
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August 30, 2021, 04:36:09 PM
 #22

Just because of this the volatility of the crypto currencies market has increased.
Jobless people always go through the internet and they find something for better life and definitely they listen or watch about the crypto currency and than they dip in it and now the crypto currency market is playing around the 2 trillion.
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August 30, 2021, 10:31:13 PM
 #23

Trading may indeed become one of the activities in Crypto which is very tempting, giving good daily profits and making a lot of money.
However, this might not happen to all traders.
why? Because trading is something very risky, this is popular, but many people ignore the level of risk.
Not to worry, but more to how to open your eyes against how we enter and anticipate trading. Especially young people.
Although basically, it might be a lot of young people who are successful in trading. However, if we as Beginners in trading, never say this is easy and just want to focus on money.
Trading is a complex activity, not only a matter of buying and selling, but about various analyzes.
And if indeed more and more youth join and want to learn and are ready for trading, congratulations, but once again, don't just think about getting money from trading.

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August 30, 2021, 10:44:30 PM
 #24

Trading may indeed become one of the activities in Crypto which is very tempting, giving good daily profits and making a lot of money.
However, this might not happen to all traders.
Because the fact is, in trading, there's a loser and there's a winner and not would be able to win in the same way.
I don't know what is the reason is why people thinking that trading is just easy making money while the truth isn't.  It required different factors to consider and processed to trading if you already will be oriented.

Speaking of youth habit, they don't have this instinct of making money, all they have to do is relying upon their parents and as we can see, they love to always have fun, like entertaining themselves.  But this is not on general trading discussion, there are some newbies too in the trading field.

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August 30, 2021, 11:32:34 PM
 #25

it's true that currently crypto developments are getting better and many young people are interested in learning it. one of them is learning trading where currently trading is very popular. In fact, many of these young people also benefit greatly from trading and that is what triggers young people to be interested in learning to trade. it's good if you really want to learn well but for people who really just want to try then it's not a good idea. Trading requires mental readiness and also patience so that needs to be underlined. Don't let it if we get into it, we just get carried away and end up in defeat.

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August 30, 2021, 11:38:56 PM
 #26

Trading may indeed become one of the activities in Crypto which is very tempting, giving good daily profits and making a lot of money.
However, this might not happen to all traders.
Because the fact is, in trading, there's a loser and there's a winner and not would be able to win in the same way.
I don't know what is the reason is why people thinking that trading is just easy making money while the truth isn't.  It required different factors to consider and processed to trading if you already will be oriented.

Speaking of youth habit, they don't have this instinct of making money, all they have to do is relying upon their parents and as we can see, they love to always have fun, like entertaining themselves.  But this is not on general trading discussion, there are some newbies too in the trading field.
Majority of people who do have zero knowledge about trading or simply their first time on hearing out this market and make trades would really be having this kind of perception.Yes, trading could really be that beneficial
but this is only for those who do able to sustain themselves on longer runs and this isnt something that could be attained easily if you are just a newbie who had recently come and trade in.

It would take lots of trials and errors before you could really have a good grasp on trading.It doesnt matter if you are young or old because it will always depend on how you do deal with it.

It doesnt really require any age or qualifications or diplomas or something as long you can deal with moving market and profitable with it then thats how it counts.

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August 31, 2021, 05:25:05 AM
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 #27

Honestly I wouldn't suggest people who are not making any profit from real life to end up in the digital world to risk their money, that just doesn't make sense at all. There are other methods in crypto world where they can make money, from bounties to jobs to participating in marketing efforts, and gaming now, there are so many different ways that you could make money, I do not feel like I could actually suggest youth who are unemployed to make that kind of risk and trade their low amount of money, earning it would be awesome.

Crypto is filled with job opportunities, I could find 5 different possible money earning systems in crypto right now if I wanted to, and that is sort of what I did, full time worker in crypto world for the past 5 years or so, and never spent a dime to make money. This is why I suggest everyone to keep it less risky and earn it instead of trading it.

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August 31, 2021, 07:51:36 AM
 #28

you want to start trading in cryptocurrency, you need to know a few things starting cryptocurrency trading requires a lot of skills you can start trading with any cryptocurrency as the demand for bitcoin is very high at present and its market value is high, I would advise you to start trading with bitcoin. Because it can make a lot of money in a short period of time which cannot be done from other cryptocurrencies. You can also start trading with other cryptocurrencies if you want it is entirely up to you.
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August 31, 2021, 11:46:48 AM
 #29

Crypto currency helped them a lot to make something to feed themselves and also to their family but I had see lot of scam and failure stories as well especially due to binary trading, many people choosen binary trading to get rich quick so they took loan and invested but lost the capital completely since binary trading is high risky method and also lot of scam apps also getting advertised even available on playstore and app store so they lost huge amount of funds to it.
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August 31, 2021, 12:12:10 PM
 #30

I can vouch that but I am not speaking for everyone because I have started reading about bitcoin around my last year in junior high and I started trading at the first year in senior high, it's a hard thing to do but I was able to gain that much experience to continue trading and now I am doing fine which is a good thing, it's better to start trading at a young age so you can use those years as a free time to train your skills and knowing that you can make mistakes without big consequences.

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August 31, 2021, 02:18:06 PM
 #31

you want to start trading in cryptocurrency, you need to know a few things starting cryptocurrency trading requires a lot of skills you can start trading with any cryptocurrency as the demand for bitcoin is very high at present and its market value is high, I would advise you to start trading with bitcoin. Because it can make a lot of money in a short period of time which cannot be done from other cryptocurrencies. You can also start trading with other cryptocurrencies if you want it is entirely up to you.
- Binary trading is just a shell for gambling, hidden behind this system is only the casino owner who is the winner, besides the casino owner, those are the employees of the system, more precisely, they are the people who take advantage of relationships and greed to turn this casino into a financial market, with the meaning of helping others to make little money in a short time but in reality, only manipulating and deceiving. Young people are moving in the direction of binary trading more than crypto trading, the similarity of the two is not denied but the meaning is too much difference.


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August 31, 2021, 02:22:02 PM
 #32

not just the youth which crypto have helped but it also help adults that are suffering from the same situation . that are different types of trading you shared in the op
 , the first is the same as long term investing  .
second can be done if they still have a job which are rare now
but the third and especially the last one is the type of trade where all are foccusing now due to the long hours that they can spend in their homes .
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August 31, 2021, 07:44:48 PM
 #33

It doesn't even have to be trading, crypto allowed young kids to be more international. There are things in the world that makes people more international in some space, like thanks to twitter we are more politically aware and there are tons of people who know a lot about each other's politics, I can talk about at least 10 nations politics all thanks to twitter, and because of instagram we get to see life style and cultures of other people as well, how they live and what is normal and what is not and basically share our regular lives for people all around the world, thanks to spotify we get to listen to music from all around the world and see what is famous and what is not, there are tons of messaging stuff where we get to speak with people all around the world.

These could be new to people who are a bit older like me, but these are the facts of life for young kids, anyone under 22 right now nearly born with these. Crypto is the finance version of that, young kids now know about finances all over the world and know what they have to do as well.

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August 31, 2021, 10:05:13 PM
 #34

Trading is too laborious. After a few years of coming to cryptocurrency, I feel that instead of saying that I am mature, it is better to say that I am getting old.
Both the body and the mind have been greatly exercised,
I basically do trading once a week because I have suffered a lot from frequent trading.
And you are not the only one, it is known that even the best traders out there eventually get tired of trading all the time and decide to leave the activity completely or they become investors and this is because it is incredibly taxing on the body to keep your attention going on for so long, for the ones that do not understand what is happening it may seem as if the trader is just sitting down staring at the charts, but true traders know that they are checking the markets at short intervals and making all kind of calculations to determine if this is the right time to enter or exit the market, and this gets tiring really quickly.
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August 31, 2021, 10:18:27 PM
 #35

Trading Trading cryptocurrencies is one of the most popular ways to make money on internet. It is the process of purchasing and selling coins, such as when the price is low and waiting for the price to rise before selling.

No doubt it's one of the most, if not the most popular ways of making money, but how many traders actually make money form trading when there has been findings of majority of the traders actually losing and that's because majority are just novice hoping to ride the hype if profiting form trading without knowing/having the basic knowledge to achieve that.

The market can be very deceiving and if you don't have the basic understanding of the market and how to read and understand charts, you will be among the majority not been profitable.  While trading is popular, we have better alternative that won't require much gorm you as tradinydies which is investing and hodling.

Basically what you do here is just buying and holding instead if buying and selling. The time to sell will be more far apart from your buying time, this way your chances of profiting is increased. You can either hold long term to profit more or secure short term gains in hopes of rebuying if the price was to decline further down.

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August 31, 2021, 10:55:30 PM
 #36

Many of my colleagues have also experienced a great help through their trading on cryptocurrency ever since this pandemic have started since we were out of school and have to stay home, we still wanted to find some sort of source of income to provide our needs and that is when some of my friends put themselves into engaging into cryptocurrency trading and other stuffs related to crypto so I can testify that trading, investing and other cryptocurrency related jobs have financed and help youths during these days.

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August 31, 2021, 11:08:11 PM
 #37

Many of my colleagues have also experienced a great help through their trading on cryptocurrency ever since this pandemic have started since we were out of school and have to stay home, we still wanted to find some sort of source of income to provide our needs and that is when some of my friends put themselves into engaging into cryptocurrency trading and other stuffs related to crypto so I can testify that trading, investing and other cryptocurrency related jobs have financed and help youths during these days.
Yes it is and its a great help because it doesnt really need technical skills for you to deal or engage with crypto specially with trading and some other basic stuffs which you can deal off and make some money on it.

If you do know on what you are doing then you would really be having the edge or opportunity that could get compared into those who dont touched their foot into this market.

If you dont take risk then you wont earn nothing but of course there would be always that chance on losing instead.So its a matter of risk acceptance and
sustainability.

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August 31, 2021, 11:13:58 PM
Merited by The Sceptical Chymist (3)
 #38

No doubt it's one of the most, if not the most popular ways of making money, but how many traders actually make money form trading when there has been findings of majority of the traders actually losing and that's because majority are just novice hoping to ride the hype if profiting form trading without knowing/having the basic knowledge to achieve that.

Sadly, not a lot of traders do. In fact, the vast majority of cryptos will have been losing money for the trader as well. However, there are some who manage to make a lot of money and have now made it into the millionaire club.

The market can be very deceiving and if you don't have the basic understanding of the market and how to read and understand charts, you will be among the majority not been profitable.  While trading is popular, we have better alternative that won't require much gorm you as tradinydies which is investing and hodling.

Basically what you do here is just buying and holding instead if buying and selling. The time to sell will be more far apart from your buying time, this way your chances of profiting is increased. You can either hold long term to profit more or secure short term gains in hopes of rebuying if the price was to decline further down.

Yes, holding is the best alternative for trading, but the problem is that holding does not guarantee profit either, since a lot of things can happen that affect your investment.
Even so, being a buy-and-hold investor is certainly the most prudent choice, especially for newbies, but when most people find themselves in this position, they stop thinking and often end up making some crazy investment decision that is bound to fail.

R


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August 31, 2021, 11:15:20 PM
 #39

Many of my colleagues have also experienced a great help through their trading on cryptocurrency ever since this pandemic have started since we were out of school and have to stay home, we still wanted to find some sort of source of income to provide our needs and that is when some of my friends put themselves into engaging into cryptocurrency trading and other stuffs related to crypto so I can testify that trading, investing and other cryptocurrency related jobs have financed and help youths during these days.
Yes it is and its a great help because it doesnt really need technical skills for you to deal or engage with crypto specially with trading and some other basic stuffs which you can deal off and make some money on it.

If you do know on what you are doing then you would really be having the edge or opportunity that could get compared into those who dont touched their foot into this market.

If you dont take risk then you wont earn nothing but of course there would be always that chance on losing instead.So its a matter of risk acceptance and
sustainability.

I can say the same as when I started here in crypto, I have no idea how trading works. But thru time, we learn our tips and tricks. And I really believe that this pandemic crisis created a lot of new crypto traders as most of us were stuck at home during the height of this pandemic, and we were looking for ways on how to augment our income. This is a better avenue rather than spending your time in bad vices or habits. With this, you are not only helping yourself but also your family.
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August 31, 2021, 11:21:30 PM
 #40

not just the youth which crypto have helped but it also help adults that are suffering from the same situation . that are different types of trading you shared in the op
 , the first is the same as long term investing  .
second can be done if they still have a job which are rare now
but the third and especially the last one is the type of trade where all are foccusing now due to the long hours that they can spend in their homes
Long-term investing, yes, there's trading but it's not the typical type of people that understands trading which is just all about day trading. And it is true that it helped a lot of us, not just the youth but even the adults too. Trading or investing long term in cryptocurrencies has everyone to upgrade into a decision-maker when to sell and when to buy. In the midst of the pandemic, many became an investor and as well as a day trader to cope up with their daily needs so that made them as a day trader.

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