Is trading really worth it?

[2stout]

It worth it as long as you have realistic expectation- dedication, knowledge, willing to learn, steady gains as in don't chase and think every selection will be a home run, and a buffer/cushion for risks and adverse market conditions.  The lack of any of these may make it not worthwhile.

[lienfaye]

There are traders who made trading as their main source of income so I think it depends for every trader because some are losing while others are gaining. In my experience it didnt turn out well, maybe because the time I spent and the strategy that I think will work doesnt really match for me to gain as a trader.

Anyway, to succeed as a trader, it requires knowledge and strategy that will work regardless of the situation of the market. Its a must that you know how to set aside your emotion because sometimes its a problem if you're not able to control it.

[Clochaard]

It could be profitable if you understand and trade according to the market conditions. There are also downsides and you can never eradicate the risk. So, you have to decide whether you can take the risk or not.

[KingsDen]

Actually there's nothing in this crypto space that doesn't worth it or can't even a living. It is determined by the level of your involvement, determination and skill.
If he is so skilled and conversant with the charts and then has good funds. He is good to go while being patient and have good sense of risk management.

But if he wants to do my type, mediocre trader who only trades when he needs spare $10 to $20 to buy groceries, he wouldn't succeed.
Encourage him to go for it, everything is risk.

[dunfida]

Actually there's nothing in this crypto space that doesn't worth it or can't even a living. It is determined by the level of your involvement, determination and skill.
If he is so skilled and conversant with the charts and then has good funds. He is good to go while being patient and have good sense of risk management.

But if he wants to do my type, mediocre trader who only trades when he needs spare $10 to $20 to buy groceries, he wouldn't succeed.
Encourage him to go for it, everything is risk.

Everything that do involves investment or something talks about income then always expect that there would be always the risk on losing money and speaking about being worth then of course it would really be worth if

you do able to have a good grasps on it and as mentioned this would involved or determined about effort and time spent and the decisions you would be making.This might sounds simple but actually not.
This isnt something that everybody could able to get engage without any hardship which we know that its impossible

If we do tend to look on how big the community is or simply the market then you could really tell about much involvement which does already shows
the probabilities on making money if you do it well.

[topman21]

Yes trading is really very valuable. But that precious must be made by you. There are many people who don't have any knowledge about trading but by trading they lose their funds and that's it Say trading platform is a very bad thing.I would not say that trading platforms are a very valuable thing. If you can trade by analyzing with your knowledge, you will definitely be able to take huge profits from there.

[Issa56]

I believe trading really worth it but since your brother is new to it, I think it's advisable not to resign from his work if he is having anyone, trading is not really easy the people think and I think not everybody can trade, I think nobody have the ability to trade, trading is not for the weak, you have to be emotionally stable and you should be able to do technical analysis. Trading is completely different from gambling if you are trading good coins, but if you are trading shit coins then you are gambling with your money and also make sure you select a reputable exchange when you want to trade.

[KingsDen]

Actually there's nothing in this crypto space that doesn't worth it or can't even a living. It is determined by the level of your involvement, determination and skill.
If he is so skilled and conversant with the charts and then has good funds. He is good to go while being patient and have good sense of risk management.

But if he wants to do my type, mediocre trader who only trades when he needs spare $10 to $20 to buy groceries, he wouldn't succeed.
Encourage him to go for it, everything is risk.

Everything that do involves investment or something talks about income then always expect that there would be always the risk on losing money and speaking about being worth then of course it would really be worth if

you do able to have a good grasps on it and as mentioned this would involved or determined about effort and time spent and the decisions you would be making.This might sounds simple but actually not.
This isnt something that everybody could able to get engage without any hardship which we know that its impossible

If we do tend to look on how big the community is or simply the market then you could really tell about much involvement which does already shows
the probabilities on making money if you do it well.

It sounds simple but it's actually not. Commitment is not something that is so simple. It takes time, resources and hardwork. I have seen people who depend largely on only trading to earn a living. I have tried that part but it didn't work for me. I don't think I have that mind to get going in crypto trading. Anytime I place a trade, I would like to always watch the screen even when I use stop loss. If I don't watch my screen, my mind won't go off the trade till it ends.

I weighed it and understood that it was affecting my wellbeing and peace of mind, so I decided to be trading just occasionally.

[fauzan Ichsan]

trade will give us glory. but with a note there is something we have to master to get to that. many novice traders who just want to find success instantly and when they experience bad things, they actually get discouraged. with emotional control, and having good analytical and money management skills, will certainly make a trader reach the peak, but all of that requires repeated training.

[adzino]

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.

I doubt you can do this "job" for a living. Trading is risky. There is not guarantee that you will be making profit every day or month. There might be months where you lose money. You won't be able to pay your bills if you lose money, will you?
Get a job that will pay you to help pay your bills and trade coins as a side hustle.

[blockman]

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.

If someone wants to do it full time and wants to treat it as their work, it's really viable. I've got to know people personally that are having their daily living through trading, not just in crypto. But it's not as easy as we say because there's a tough process and it will take time depending on how you can be good at it. Enduring all of those beginning losses will be very vital and that will determine you if you still want to pursue it as a career but the good approach is that, it's good as a side hustle.

[Nrcewker]

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.

It’s not as easy as you have written or mentioned here mate.
You forgot to mention that it’s also that much easy to lose your money if you lack proper knowledge.
Trading is risky, and yes it gives profit, I mean what things doesn’t come with risks?
So yes if OP is capable of taking risks, then yes trading can be great source of income for him.
With proper know and information trading can be uses to earn money and it’s completely worth to do it so.

[wagmi]

Can I have a precise and constructive answer on whether trading is really worth spending time on?

Trading is huge risk and we can lose tons of money. Of course, we can also make money, it's 50 percent chance.
However, I would not gamble because we can make much more by HODL.

Bitcoin is designed as a store of value because it is limited in supply. Only 21M BTC.
It's a real deal because we can always own a certain percentage of BTC's network balance. We just need to HODL.
No inflation, no new coins mined.

We should also be aware of lost coins, making BTC scarcer.
No need to make risky trades.
Just HODL.

[cryptosize]

Can I have a precise and constructive answer on whether trading is really worth spending time on?

Trading is huge risk and we can lose tons of money. Of course, we can also make money, it's 50 percent chance.
However, I would not gamble because we can make much more by HODL.

Bitcoin is designed as a store of value because it is limited in supply. Only 21M BTC.
It's a real deal because we can always own a certain percentage of BTC's network balance. We just need to HODL.
No inflation, no new coins mined.

We should also be aware of lost coins, making BTC scarcer.
No need to make risky trades.
Just HODL.

Yeap:

https://twitter.com/BitcoinCarl_/status/1548333464767778817

[LastKiss]

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.

Actually yes but as always it's not simple like that since many things that you need to know about trading and many things you need to learn about trading. Trading won't give you a steady income and have a risk in it but when you have a stable job it will give you a steady income and maybe trading can be your side income tho.

[GeorgeJohn]

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.

[Mpamaegbu]

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.

Your brother is choosing a great career path and I think you should encourage him.

Trading is highly dignified. In my country Nigeria, there's a sense of respect for those who live on trading and it's little wonder there are high profile traders in the country. Genuine traders, I mean.

Yes, there are a great number of profitable traders who don't do anything else but trade. They make a kill of it. The only problem with trading is that many who go into it don't properly equip themselves with the requisite knowledge and skills for it and they get burnt. They think it's a shortcut to easy wealth but it's not. It requires time, patience and practice to succeed at it. Have a handle on trading, learn it like a professional course by spending time on it; even years like scholars do at college.

One of the positives of trading is that one can trade from anywhere in the world provided there's internet connectivity to one's device. Trading allows one free time and movement while pilling it up with financial freedom.

[milewilda]

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.

Would really be having two possible outcomes whether you would lose or win which would be entirely be depending on what you are doing and the knowledge you do have on trading since not all
would really be that good able to handle and learn everything up towards it. Trading is worthy if you do able to take a good grasps or handle on it but of course it would really be involving lots of
trial and error before you could really make yourself profitable and be sure that you do really mold yourself and improve not only on your analysis but also with your emotional aspect as well
specially on a very volatile market like this then you cant really that able to predict on where prices could potentially go.You should really be that versatile on whatever situation you might
able to face off.

[GeorgeJohn]

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.

Would really be having two possible outcomes whether you would lose or win which would be entirely be depending on what you are doing and the knowledge you do have on trading since not all
would really be that good able to handle and learn everything up towards it. Trading is worthy if you do able to take a good grasps or handle on it but of course it would really be involving lots of
trial and error before you could really make yourself profitable and be sure that you do really mold yourself and improve not only on your analysis but also with your emotional aspect as well
specially on a very volatile market like this then you cant really that able to predict on where prices could potentially go.You should really be that versatile on whatever situation you might
able to face off.

Trading is business of personal concerned, because when you lose it base on your detriment, and it's something you learn and understand before adventuring into it properly. I believe that cryptocurrency trading required many steps of understanding and wisdom before you can be excel into cryptocurrency, i believe that cryptocurrency trading required good foundation which needs proper attention so that you can not missed ou.

[bitgov]

Trading is business of personal concerned, because when you lose it base on your detriment, and it's something you learn and understand before adventuring into it properly. I believe that cryptocurrency trading required many steps of understanding and wisdom before you can be excel into cryptocurrency, i believe that cryptocurrency trading required good foundation which needs proper attention so that you can not missed ou.

Trading is not everyone's cup of tea. Neither is gambling.
But gambling is a short of luck likewise trading is. But only those who are sharp at mind can do trading - one have to make quick decisions while trading.