Is trading really worth it?

[Jatiluhung]

I have a friend. he was the one who introduced me to the crypto world.
he is the one who supports his family from the daily trading results. he's a scalper. and as far as I can see his life seems well off.

but he never told me that not everyone can do it. especially for a beginner. then he will suffer a lot of loss. not because of high fluctuations. but because the emotions of a beginner are difficult to control. he said that psychological control will only be formed when experienced. because experience is what makes it. so he didn't even suggest me to follow him as a day trader who made his main job. unless it is only used as a sideline with a set time so that it is not too long.

and I wanted to quit my job because I wanted to become a day trader. but i didn't get out. because it turns out that for a beginner like me it is very difficult to get used to market conditions which are quite draining on the mind and emotions.

but seeing my friend who is a day trader, trading seems easy. and it actually buys at the bottom and sells at the top. Market analysis can be studied anywhere. and read in many places in cyberspace. but emotional control will only be formed by itself by the experience gained.
that's a saying I got from my friend who is a day trader. and he made day trading his main job. but he didn't recommend anyone to follow him. unless the person is really experienced in dealing with market situations. and market analysis is also of course the most basic thing. and the most difficult is controlling emotions and greed.

[tippytoes]

I have a friend. he was the one who introduced me to the crypto world.
he is the one who supports his family from the daily trading results. he's a scalper. and as far as I can see his life seems well off.

but he never told me that not everyone can do it. especially for a beginner. then he will suffer a lot of loss. not because of high fluctuations. but because the emotions of a beginner are difficult to control. he said that psychological control will only be formed when experienced. because experience is what makes it. so he didn't even suggest me to follow him as a day trader who made his main job. unless it is only used as a sideline with a set time so that it is not too long.

and I wanted to quit my job because I wanted to become a day trader. but i didn't get out. because it turns out that for a beginner like me it is very difficult to get used to market conditions which are quite draining on the mind and emotions.

but seeing my friend who is a day trader, trading seems easy. and it actually buys at the bottom and sells at the top. Market analysis can be studied anywhere. and read in many places in cyberspace. but emotional control will only be formed by itself by the experience gained.
that's a saying I got from my friend who is a day trader. and he made day trading his main job. but he didn't recommend anyone to follow him. unless the person is really experienced in dealing with market situations. and market analysis is also of course the most basic thing. and the most difficult is controlling emotions and greed.

I can appreciate what your friend is telling you. At least he is honest that this is not for everyone. Maybe, he already formed his strategies and very familiar with the market, so he can earn profits even as scalper or day trader. If you are new to trading and you only have small bankroll, for sure, emotions will be a part of your journey. And that is hard to control if you only have small funds and some of it are necessary to your living.
I think, if someone is just starting in trading. Don't quit your job yet, try with small funds in trading and learn the ropes. Once you get the grasp of it and you are already starting to earn, then, think if you can increase your budget. You can only quit your regular job if you are confident with your trading results.

[GelatikKembar]

Definitely worth it!, because if you only hold altcoins or bitcoins,
of course you will experience frustration and you can lose your capital because holding altcoins or cryptocurrencies is too long,
especially now that many altcoins are down 90% of their ATH, more good trade right?

[rojan]

From my own experience, I can say that trading is a very suitable option for work. With the right approach to work, this can be not only a good start, but also a good way to earn money in general.

Threading have advantages and disadvantages which is very obvious to people who is a crypto trader I understand
Trading from two different perspective which occurs as a result of losing and gaining. So for this two basic things I understand Reading is what makes me not to come in conclusion that's the trading is the shortest way or his the best way to make money in cryptocurrency. With crypto trading you can lost whatever thing you have within the period and you can also gain within a shorter period. So trading is not nice move when you don't know the rudiments of trading.

At this time in the market I cannot operate, because I simply have no idea what can happen, I have taken to studying other options, such as the use of bots or perhaps the so-called copy trading, but I think I do not do it, it is not for lack of knowledge, but because never before has it been faced with events like the ones we are experiencing now, danger of nuclear war, pandemic, possible fall of the world economy, in reality it is not known what can happen and if it will happen, I think those are the reasons why I don't risk operating.

If you don't have good knowledge about something, it will be foolish to take maximum risk. Now the market situation will be very bad. If you go to take more risk, then you are likely to lose everything.  What I think is that you can buy some coins now if you want with advice from good experienced people.  Or if you want, you can increase your thinking by looking at the market now.  You can use it later. It is not good to do anything suddenly.

[kapalmabur]

From my own experience, I can say that trading is a very suitable option for work. With the right approach to work, this can be not only a good start, but also a good way to earn money in general.

Threading have advantages and disadvantages which is very obvious to people who is a crypto trader I understand
Trading from two different perspective which occurs as a result of losing and gaining. So for this two basic things I understand Reading is what makes me not to come in conclusion that's the trading is the shortest way or his the best way to make money in cryptocurrency. With crypto trading you can lost whatever thing you have within the period and you can also gain within a shorter period. So trading is not nice move when you don't know the rudiments of trading.

At this time in the market I cannot operate, because I simply have no idea what can happen, I have taken to studying other options, such as the use of bots or perhaps the so-called copy trading, but I think I do not do it, it is not for lack of knowledge, but because never before has it been faced with events like the ones we are experiencing now, danger of nuclear war, pandemic, possible fall of the world economy, in reality it is not known what can happen and if it will happen, I think those are the reasons why I don't risk operating.

If you don't have good knowledge about something, it will be foolish to take maximum risk. Now the market situation will be very bad. If you go to take more risk, then you are likely to lose everything.  What I think is that you can buy some coins now if you want with advice from good experienced people.  Or if you want, you can increase your thinking by looking at the market now.  You can use it later. It is not good to do anything suddenly.

When we don't know much about anything, I don't think it's wise to decide to take risks,
because as you said sooner or later it will make you lose everything so think carefully,
it's very important and hopefully they should realize how important it is to improve their thinking or knowledge

[kamvreto]

If you don't have good knowledge about something, it will be foolish to take maximum risk. Now the market situation will be very bad. If you go to take more risk, then you are likely to lose everything.  What I think is that you can buy some coins now if you want with advice from good experienced people.  Or if you want, you can increase your thinking by looking at the market now.  You can use it later. It is not good to do anything suddenly.

When we don't know much about anything, I don't think it's wise to decide to take risks,
because as you said sooner or later it will make you lose everything so think carefully,
it's very important and hopefully they should realize how important it is to improve their thinking or knowledge

it is very unwise to take risks without seeing one's own abilities. If you continue to force it, you will not gain but the losses that will come. trading will be totally worth it if you know the trading knowledge even if it's just the basics. It is not recommended for those who are still beginners to trade, because it is the same as gambling without knowing any risks and limitations. Improving thinking and knowledge about trading will be very important and will be the main advice for newbies who keep coming.

[Peanutswar]

Trading is worth it if you already invested your knowledge about the fundamentals of the training concept many traders always forgot the basics that's why they keep losing their trades. Also, knowledge is the best investment before getting into it because it takes a lot of ideas patterns, and candles before achieving the speculation into a trade, and make it is verified before making a position. Also budget is a must here and as a trader, we need to protect our money we experience some loss but in the end, we focus on the profit. If you are willing and make it a passion for sure it is easy to make a trade.

[bitgov]

Trading is worth it if you already invested your knowledge about the fundamentals of the training concept many traders always forgot the basics that's why they keep losing their trades. Also, knowledge is the best investment before getting into it because it takes a lot of ideas patterns, and candles before achieving the speculation into a trade, and make it is verified before making a position. Also budget is a must here and as a trader, we need to protect our money we experience some loss but in the end, we focus on the profit. If you are willing and make it a passion for sure it is easy to make a trade.

Everything is worth doing as long as they are beneficial and you are not harming anyone..Xox
People are always on the move to use people get the last penny out of their pocket. and then degrade them like they have done a big crime by helping them

[jossiel]

Everything is worth doing as long as they are beneficial and you are not harming anyone..Xox
People are always on the move to use people get the last penny out of their pocket. and then degrade them like they have done a big crime by helping them

It's all about trading and the only person that you can harm is yourself when you're tripping all over your trades. Because you'll be doing all of your trades and if you listen to the wrong people, the consequences will be all yours.

That's why it's worth it if you know how your going to improve and do all of your trades.

And it's not worth it if you're not learning from your mistakes and trades.

[Yawa2020]

I know that some people view trading as a risky endeavor, but I believe that as long as you're smart about it and don't let emotions get in the way, it can be a very lucrative way to make money.

Yet, this does not not dispute the fact that trading is not a risky endeavor. It's absolutely risky! Being smart is not a yardstick to guarantee your success in trading thou it contribute a little. Despite being lucrative, I don't see trading as a means of living (daily survival) since you're not the market controller and the system entirely is not reliable due to fluctuation nature.

[touseefahmad1999]

Brother it's totally depends upon on your trading strategies and how much your Time in involved in trading because you will experience when you take position in crypto and any stock market. My opinion you should see the market it's very volatile and you have must knowledge about trading, chart patterns, Lines then you can take the part of full time with trading.

[Newlifebtc]

Trading is worth it if you already invested your knowledge about the fundamentals of the training concept many traders always forgot the basics that's why they keep losing their trades. Also, knowledge is the best investment before getting into it because it takes a lot of ideas patterns, and candles before achieving the speculation into a trade, and make it is verified before making a position. Also budget is a must here and as a trader, we need to protect our money we experience some loss but in the end, we focus on the profit. If you are willing and make it a passion for sure it is easy to make a trade.

Everything is worth doing as long as they are beneficial and you are not harming anyone..Xox
People are always on the move to use people get the last penny out of their pocket. and then degrade them like they have done a big crime by helping them

Trading is one of the things that worth it during investment of cryptocurrency. Some people do not know the importance of driving because they did not study it and the phone no the way other people are doing for threading so then see the prophet some people make and the testify of their profit that is why some of them go into trading without studying the rules of trading in everything you are doing we have a master key to follow it and then when you are this informed of the master key he will not make it you will think that trading is did not worth it.

[bitgov]

Trading is worth it if you already invested your knowledge about the fundamentals of the training concept many traders always forgot the basics that's why they keep losing their trades. Also, knowledge is the best investment before getting into it because it takes a lot of ideas patterns, and candles before achieving the speculation into a trade, and make it is verified before making a position. Also budget is a must here and as a trader, we need to protect our money we experience some loss but in the end, we focus on the profit. If you are willing and make it a passion for sure it is easy to make a trade.

Everything is worth doing as long as they are beneficial and you are not harming anyone..Xox
People are always on the move to use people get the last penny out of their pocket. and then degrade them like they have done a big crime by helping them

Trading is one of the things that worth it during investment of cryptocurrency. Some people do not know the importance of driving because they did not study it and the phone no the way other people are doing for threading so then see the prophet some people make and the testify of their profit that is why some of them go into trading without studying the rules of trading in everything you are doing we have a master key to follow it and then when you are this informed of the master key he will not make it you will think that trading is did not worth it.

i like how you gave the example of learning driving on phone.
the is best example I read so far. I will keep quoting this all the time. Very impressive - that is the point - actually everyone wants to earn money online.
But how they can earn - they are not willing to learn it

[Lanatsa]

Trading is worth it if you already invested your knowledge about the fundamentals of the training concept many traders always forgot the basics that's why they keep losing their trades. Also, knowledge is the best investment before getting into it because it takes a lot of ideas patterns, and candles before achieving the speculation into a trade, and make it is verified before making a position. Also budget is a must here and as a trader, we need to protect our money we experience some loss but in the end, we focus on the profit. If you are willing and make it a passion for sure it is easy to make a trade.

Everything is worth doing as long as they are beneficial and you are not harming anyone..Xox
People are always on the move to use people get the last penny out of their pocket. and then degrade them like they have done a big crime by helping them

Trading is one of the things that worth it during investment of cryptocurrency. Some people do not know the importance of driving because they did not study it and the phone no the way other people are doing for threading so then see the prophet some people make and the testify of their profit that is why some of them go into trading without studying the rules of trading in everything you are doing we have a master key to follow it and then when you are this informed of the master key he will not make it you will think that trading is did not worth it.

i like how you gave the example of learning driving on phone.
the is best example I read so far. I will keep quoting this all the time. Very impressive - that is the point - actually everyone wants to earn money online.
But how they can earn - they are not willing to learn it

Everything should be learnt up because we dont start on being a professional directly or having that all knowing when it comes to things which means that we can be a noob on something that we havent discovered or

encountered before which it would really be depending on you whether you would be planning to learn it for some benefit or would simply skip out because it doesnt really fit your interest.So its up to you and asking

about trading to be worth it? Yes it is but expect that this isnt something simple that you could able to handle on first try thats why engagement will really needed and learning would come along the way.

[LUCKMCFLY]

Yes trading is really very valuable.  If you understand trading well then surely trading will be of great value to you.And trading is never very valuable to those who have no knowledge about trading.Because they don't understand and analyze and trade and take losses, they think the training platform is very bad.But trading is very valuable for those who have good knowledge of trading and can do analysis.

I think you are right if one understands trading then it is very easy for him and if one does not understand it is very difficult for him if one understands trading he will gain and if one does not understand trading he will only lose I think trading  It is better to do it with understanding and if you trade without understanding you will face a lot of losses I think those who are new with good knowledge about trading then trading here they can profit from here

There are many things that can influence the market, one is that you can have a lot of knowledge and at the same time you don't have how to act against the events that are happening in the world, however, only those who have more knowledge are the ones that better be clear about what is happening in the market, if we take into account how many times the world has dealt with this problem, of war, pandemic at the same time, it has never been, in fact in my personal opinion I have considered seek to trade through bots which, I have never done and I have also considered copy-trading, but I am still not convinced.

[maybukaspa]

Can I have a precise and constructive answer on whether trading is really worth spending time on? My brother wants to do this job for a living, and I'm just curious if it's a dignified, worth-spending occupation. I don't know where to ask, I don't understand technical analysis; when he explains it to me I feel it's some sort of gambling strategy.

I've used to read experts' discussions, papers, books and the like, but I find no such stuff on trading. It's a very vague term anyway. Are there really people who just "buy low and sell high", making a living by just doing that? I can't comprehend how can a person seriously make a living by something that looks complete gambling, instead of providing goods, services, work etc.

One thing for sure trading is really worth the time. But also trading requires knowledge so you need to learn all the candles, when to take profit and when to stop loss. Once you have some knowledge in trading i am so sure that it can give you everyday a profit, but always remind that there are some losses aswell so ready your emotions with that. My friend do trading full time and right now i can say he is financially secured.

And also buying low and sell high is one of the term that traders use for new traders, sounds easy but i swear its really more than what you think.

[Dr.Osh]

well, I also thought of such a thing long ago. what I conclude is, it may not be worth doing this work as the main livelihood. It would be great if you had other sources of money. other than that, it's not like "buy cheap and sell high". however, there is speculation and analysis behind it that makes trading complicated. however, this is the same as selling goods, when you buy goods without analysis, then you will never know whether the goods will be really needed or not, you can also get losses from that.
other than that, I think it will also be very difficult for people who are new to the world of trading. however, I might recommend looking for another job if this bothers you. I think only people who are able to take big risks or have an understanding of analysis and speculation will focus on trading. because of that, there are still quite a lot of people who get rich from this path

[Kadal Ijo]

The presence of cryptocurrencies now has become a job of many people, they with modest capital even some less than $ 1000 can trade quickly and certainly safe compared to more complicated forex trading, trading always has a risk to lose money, but many things we can learn traded to always be profitable.

[jaberwock]

Can I have a precise and constructive answer on whether trading is really worth spending time on? My brother wants to do this job for a living, and I'm just curious if it's a dignified, worth-spending occupation. I don't know where to ask, I don't understand technical analysis; when he explains it to me I feel it's some sort of gambling strategy.

Interestingly people do not understand that not everyone trade for a long period of time without really liking it. Not saying that it will be something people would not need it, or not because of money, because we know it's all about that. But, we all know that it is not easy and it would take a while before anyone could "enjoy" it, even if they lose it.

Some people trade and they love it when they make a profit, but there are people who do not give up when they lose and work even harder to get it back and they study hard to learn how they could learn from their mistakes and become better. That is the type of people that will become a trader and for them it is fully worth it.

[virasisog]

Can I have a precise and constructive answer on whether trading is really worth spending time on? My brother wants to do this job for a living, and I'm just curious if it's a dignified, worth-spending occupation. I don't know where to ask, I don't understand technical analysis; when he explains it to me I feel it's some sort of gambling strategy.

Interestingly people do not understand that not everyone trade for a long period of time without really liking it. Not saying that it will be something people would not need it, or not because of money, because we know it's all about that. But, we all know that it is not easy and it would take a while before anyone could "enjoy" it, even if they lose it.

Some people trade and they love it when they make a profit, but there are people who do not give up when they lose and work even harder to get it back and they study hard to learn how they could learn from their mistakes and become better. That is the type of people that will become a trader and for them it is fully worth it.

Trading will best suit those who literally like doing it. Some people trade just to earn profit and do trading even without enjoying it. As a result, they usually have huge losses because they are not able to handle their greed and emotions.
Those who love doing trading also have losses yet take their experience as a lesson and move forward to correct their mistakes. All in all, it's about having the right mindset toward trading. It could be considered as a job of those who love doing it and are ready to deal with its risks.