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Author Topic: Is trading really worth it?  (Read 1457 times)
GeraldTucker
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July 20, 2022, 05:07:15 AM
 #101

It can help you make money, for sure. But is it ideal for you or not is the question. Do you have the skills? Do you have a strategy? Can you control emotions? There is no definite answer
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July 20, 2022, 11:51:54 PM
 #102

It can help you make money, for sure. But is it ideal for you or not is the question. Do you have the skills? Do you have a strategy? Can you control emotions? There is no definite answer
So in able to find out then it would be basically needing for you to engage and deal with it personally and find it for yourself whether you do have those qualities or factors for you to deal of with trading.

Sooner or later you would able to find out if its really worth or not on your time and money or investment that had been spent but i would tell you this that it is really worth if you do have able to get a good hold of it.

It is worth it but for someone who are just still starting then dont expect that this is something simple or easy for you to deal or start of with.Stick with the basics and learn from those errors and mistakes you've
done which its an inevitable because you wont really make yourself progress or even more better if you wont experience these inevitable things.


savetheFORUM
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July 22, 2022, 07:14:35 PM
 #103

Crypto trading here in this industry is really tested for us to make money, you always have to have an idea or knowledge and you know you have to analyze when the possible decrease and increase in the price of the token you have, so you know when you should buy and sell so you can make a profit. Then buying at a low price and selling at a high price is also very proven and many people make money with this method. Just let me repeat you know you should analyze the price movement on the chart graph on an exchange site platform.
Trading is most times seen as the alternative for holding, because not very many persons have the patience and ability to hold on to a certain or particular token for long. Given how complicated the market, price actions and charts could be to them, they prefer involving themselves in the instant trading which is also profit oriented for them than wait on the market to recover from bear or pull from it’s bullishness.
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July 22, 2022, 07:48:12 PM
 #104

Crypto trading here in this industry is really tested for us to make money, you always have to have an idea or knowledge and you know you have to analyze when the possible decrease and increase in the price of the token you have, so you know when you should buy and sell so you can make a profit. Then buying at a low price and selling at a high price is also very proven and many people make money with this method. Just let me repeat you know you should analyze the price movement on the chart graph on an exchange site platform.
Trading is most times seen as the alternative for holding, because not very many persons have the patience and ability to hold on to a certain or particular token for long. Given how complicated the market, price actions and charts could be to them, they prefer involving themselves in the instant trading which is also profit oriented for them than wait on the market to recover from bear or pull from it’s bullishness.
You would really be ending up on holding with having two possible reasons whether you are having the plans on making yourself for long term profits thats why you've been holding or you do end up on being a holder

just because you had entered the high price where the market do make out correction? These are the common scenarios on why people do end up on being a holder if they do really have experience these things.
Asking out if Trading is worth it? Yes for course but we should know that there are different type of trading which some do even make out some generalization about buying low and selling high concept
which is a fact but execution and duration might really vary and this is where people do see make out some differences in between their actions basing on their preference and point of view.

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July 23, 2022, 09:50:50 PM
 #105

just because you had entered the high price where the market do make out correction? These are the common scenarios on why people do end up on being a holder if they do really have experience these things.
Asking out if Trading is worth it? Yes for course but we should know that there are different type of trading which some do even make out some generalization about buying low and selling high concept
which is a fact but execution and duration might really vary and this is where people do see make out some differences in between their actions basing on their preference and point of view.
If someone is particular about something - they get it.
Half will and half struggle is not the solution of any problem - everything is worth a try if you do it with full intention.

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July 23, 2022, 10:45:25 PM
 #106

At this time, in my personal opinion, I have no idea what could happen in the market, for me a part of me tells me that the danger of the btc continuing to fall has already passed, but the bad thing is that when you turn on the TV and you you look at the news, you see that some countries are in serious economic inflation, and according to experts and economists they say that it may be because the strongest currency in the world, like the dollar, is falling, and is going into recession, the euro has notably lowered, then these things put in alarm at night such important movements but rather take refuge in gold.

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July 23, 2022, 11:22:17 PM
 #107

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.

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July 24, 2022, 01:44:17 AM
 #108

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


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July 24, 2022, 10:15:21 AM
Merited by cryptosize (1)
 #109


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
It is not possible to "understand" trading, as it's only based on luck, bro. It's 50 percent chance.
People will lose huge sums of money because nobody can predict crypto markets. Do you known, where Bitcoin's price will be tomorrow or next week? Nobody knows.
Because if, such people would be rich already.

Only prediction is long term and Bitcoin will go up because it is a store of value.
Bitcoin is scarce because it is capped. No inflation, no new coins mined.

= value will go up per coin.  Smiley

No need to make risky trades.

wagmi
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July 24, 2022, 11:44:27 PM
Last edit: July 25, 2022, 03:44:49 AM by bitgov
 #110


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
It is not possible to "understand" trading, as it's only based on luck, bro. It's 50 percent chance.
People will lose huge sums of money because nobody can predict crypto markets. Do you known, where Bitcoin's price will be tomorrow or next week? Nobody knows.
Because if, such people would be rich already.

Only prediction is long term and Bitcoin will go up because it is a store of value.
Bitcoin is scarce because it is capped. No inflation, no new coins mined.

= value will go up per coin.  Smiley

No need to make risky trades.

wagmi
...I think everything is worth doing - unless it is done right way.
Trading too has pros and cons - some people are very good in trading but there is too much mind game involved. So one should be very active.

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gabbie2010
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July 25, 2022, 02:24:29 AM
 #111

It can help you make money, for sure. But is it ideal for you or not is the question. Do you have the skills? Do you have a strategy? Can you control emotions? There is no definite answer
The first priority of becoming a trader is to learn the skill without any skill such a trader is bound to lose, of course a trader can earn a living as a full time trader, however this comes with a lot of experience in both technically and fundamental analysis including long hours of charting time plus control of emotion while trading with a strategy, there are good numbers of traders who trade for a living and earning decent money consistently, I think the OP needed to educate his brother to follow all the necessary procedure and learning paths towards becoming a successful trader and risk attach to it.

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July 25, 2022, 07:49:06 AM
 #112

It can help you make money, for sure. But is it ideal for you or not is the question. Do you have the skills? Do you have a strategy? Can you control emotions? There is no definite answer
The first priority of becoming a trader is to learn the skill without any skill such a trader is bound to lose, of course a trader can earn a living as a full time trader, however this comes with a lot of experience in both technically and fundamental analysis including long hours of charting time plus control of emotion while trading with a strategy, there are good numbers of traders who trade for a living and earning decent money consistently, I think the OP needed to educate his brother to follow all the necessary procedure and learning paths towards becoming a successful trader and risk attach to it.
experience is the best teacher to find trading techniques that suit us. it looks easy, but will be able to find out the difficulty if we are already trading in real. and it's our job to correct mistakes in trading until it becomes an experience. Of course, there will be complex problems that must be solved, so that it requires heavy steps before gaining glory in the world of trading, Of course, from natural selection like this, fewer traders will succeed in overcoming obstacles, and more of them will fail, with the biggest problem being their own psychological control.

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July 25, 2022, 08:30:04 AM
 #113

Trading is lucrative if patience and emotional control is at its maximum priority. No strategy is 100% guaranteed be it technical or fundamental. The only advantage this analysis provide is prices tends to repeat this patterns often times in the market so traders tries to make their speculations around this price formations. SO far many people have made millions of dollars from trading and more are still counting. If he has the passion to trade you support him but he should be told the risk involved
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July 25, 2022, 10:30:36 PM
 #114

Trading is a strategist and I believe that trading is something that when you look very well you understand that without being serious into it you can not be able to make it because threading need a lot of concentration and the a lot of how in order to make it I believe driving ban come into different aspects so when you are not concentrated towards it it is obvious that all what you generate we walked away

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July 25, 2022, 11:27:37 PM
 #115

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.
Trading can be very risky since you can lose all your funds with just a single wrong move. However, if you have the skills in making good market analysis  and you know the right time to buy and sell, trading will always be profitable on your part. In fact, a lot of millionaires were made from trading, but always know that they have lose a huge amount first before they end up making a fortune. Everyone started from a scratch, but as long as they are motivated to learn and have great passion in trading, there’s less chances that they will fail in trading.

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July 26, 2022, 09:25:42 PM
 #116

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.
There won't be professional traders in the market if their job is not profitable in the first place. For them, trading is definitely worth it. But for others who have no clear passion in trading, and only sees it as another form of gambling, trading is certainly not real and not worth it. Sometimes, what we think the small things and the most underestimated is what brings the fortune for others.
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July 26, 2022, 09:48:37 PM
 #117

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.
If your brother is fully convinced that trading will definitely sustain his daily needs, then maybe he has seen a lot of traders with huge success or he believes in himself that trading will bring a lot of profits in his life. You should support him instead, than discouraging him all the time because you think trading is not worth doing. Yes, trading will always bring losses for traders as its always inevitable, but for those who have developed their skills and proven strategies in trading, its certain that they will be taking advantage on the marke.
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July 26, 2022, 09:54:46 PM
 #118

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.
If your brother is fully convinced that trading will definitely sustain his daily needs, then maybe he has seen a lot of traders with huge success or he believes in himself that trading will bring a lot of profits in his life. You should support him instead, than discouraging him all the time because you think trading is not worth doing. Yes, trading will always bring losses for traders as its always inevitable, but for those who have developed their skills and proven strategies in trading, its certain that they will be taking advantage on the marke.
Dont discourage but instead you should really tell him about the cons and pros of this market which it would really make him at least aware on the possible things that he might encounter ahead and wont really be ending

up on becoming too reactive or impulsive since he's already aware on possible things that he might encounter.Learning trading wont really be that easy and wont really be just involving a short span of time which means

that you could really make yourself effective into this market but that wont really be simple as it sounds.Trading is worth it if you could able to make yourself sustain and just like on what others been saying that this isnt for everyone which even if you do see that other people are making profits but you dont know on how long they've been dealing off with this market before they could able to handle it out.

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July 26, 2022, 10:18:48 PM
 #119

Trading is lucrative if patience and emotional control is at its maximum priority. No strategy is 100% guaranteed be it technical or fundamental. The only advantage this analysis provide is prices tends to repeat this patterns often times in the market so traders tries to make their speculations around this price formations. SO far many people have made millions of dollars from trading and more are still counting. If he has the passion to trade you support him but he should be told the risk involved
It is lucrative for those that have been doing it all days of their lives but it's not for everyone. We may see the best success stories from those traders but we can fairly say that many of them are losing more than what they're showing to the public with their wins.
I don't want to overhype trading because it could misled a newbie and that's what they usually base their decisions upon seeing others winning their trades.

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July 26, 2022, 11:36:58 PM
 #120

Trading is lucrative if patience and emotional control is at its maximum priority. No strategy is 100% guaranteed be it technical or fundamental. The only advantage this analysis provide is prices tends to repeat this patterns often times in the market so traders tries to make their speculations around this price formations. SO far many people have made millions of dollars from trading and more are still counting. If he has the passion to trade you support him but he should be told the risk involved
It is lucrative for those that have been doing it all days of their lives but it's not for everyone. We may see the best success stories from those traders but we can fairly say that many of them are losing more than what they're showing to the public with their wins.
I don't want to overhype trading because it could misled a newbie and that's what they usually base their decisions upon seeing others winning their trades.
Normal thing that you would really be somewhat proud of to share when you do have winning trades and its true that losses would really be more than on what you had earned
which means that we dont know the story behind on how much losses they had experienced in the past before they do able to reach out the condition on where they are profitable.
Trading is worth it but this isnt something simple that anyone could make out profits directly thats why you should not really hype yourself into something which cant
really be that easy to deal with and does really take lots of time and effort before you could reach out such condition.

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