JoyMarsha (OP)
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September 26, 2022, 11:24:26 AM |
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The btt forum has brought many of us together in respect of our academic qualifications, background and tribe but still, we fail woefully when it comes to crypto trading. If crypto is judged by what we studied, many of us would have been so perfect in it. *A doctor's diagnostic ability, patience, and kindness;
*An Engineer's accuracy, critical thinking, and improvisation;
*An accountant's logic of balancing the two sides of an account;
*An investor's risk-taking and foresight
*A farmer's patience in nurturing produce, and managing gains and losses;
*An entrepreneur's ruggedness to deal with the challenges of business, and so on.
Every worth education or training should give us the skills that are applicable in other aspects of life. But in crypto, it is never like that. We keep learning every day in crypto What stops us the most from becoming master traders?
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Oshosondy
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Gamble responsibly
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September 26, 2022, 11:47:58 AM |
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What stops us the most from becoming master traders?
Inability to further after some people consider trading to be risky and stop trading Inability to learn trading charts and indicators Not having safe plan that could help if indicators fail Using more money than they can afford to lose Looking for profit which they can not afford to lose the same amount of profit they are risking for Using high leverage Using altcoins that was not properly looked into (some altcoins are bad for trading) Impatience Going against the trends (I mean in crypto)
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Danydee72
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September 26, 2022, 11:55:07 AM |
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Every discipline has it's own rules. One connect's them: The more you know, the more you know you don't know (Aristoteles)
In trading there is another rule: If everyone were a master trader, nobody would be.
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batang_bitcoin
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September 26, 2022, 12:22:26 PM |
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What stops us the most from becoming master traders?
Time and priorities IMO. Not everyone has the full time to cover all the knowledge in trading. But those that have full time priorities in trading, they are the ones that never give up and aims to be full time traders. There are people that are for trading and they're enduring all pains and hardships on it but, there are those that can't just do all of it and just gives up easy.
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Rent this sig space so that BTC goes to $100k.
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dimonstration
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September 26, 2022, 12:33:38 PM |
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I guess crypto volatility is the answer to your question. The high volatility on crypto is what makes crypto trading unpredictable and very hard to master unlike other skills that you mention in the OP. You need a crystal ball to become an accurate trader in crypto because the price moves base on whales manipulation and mainstream media news that affecting normal traders decision making.
TA can help you but sometimes it’s a double edge sword when the signal and the actual result is showing opposite outcome.
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mk4
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Paldo.io 🤖
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September 26, 2022, 02:34:31 PM |
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What stops us the most from becoming master traders?
If we're talking about active trading — the fact that it's really not easy to "master". Trading is just so complex — and add the fact that you could be learning it for years but if you're "learning" it wrong, you might be better off re-learning from scratch.
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Curated Crypto Airdrop Database
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TimeTeller
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September 26, 2022, 04:39:22 PM |
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Every discipline has it's own rules. One connect's them: The more you know, the more you know you don't know (Aristoteles)
In trading there is another rule: If everyone were a master trader, nobody would be.
What do you mean by master trader lmao? It’s just basically based on luck and some major calculations. If you are a pro trader and if the luck doesn’t comes in favour, then no matter what algorithm or code you make, you won’t get profits. Yes there are some who excels in trading, but to be honest they also make losses. So yes it’s basically subjective and varies from people to people and depends on their trading skills. Maybe, he meant also expert traders. But even them, they can experience losses. No one can beat the trading market if the project itself will do such strategies like pump and dump or rug pull. No matter how good you are, you will be at a loss because of unforeseen events. But with some warning signals, you can also minimize your losses. In this market, it doesn't matter what you studied, it is how well you are familiar with the projects that you are getting into.
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YOSHIE
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September 26, 2022, 04:47:51 PM |
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What stops us the most from becoming master traders?
My personal understanding of knowledge or learning about crypto trading & investing is never ending, basically crypto prices always have price behavior that is not the same and is not stable from time to time, whether the market price goes up or down. In essence, intrinsically crypto trading is only for crashes/profits, in fact the flow of trading knowledge is always passive in learning in life if involved in crypto trading, to be able to get a master's degree, of course they do not escape from learning from time to time, to achieve maximum results. Although many crypto users say that the risk is high, but those who understand comprehensively, especially about assets or technology as a whole in crypto in a complex way, will certainly have good components and knowledge in trading, I think market factors in trading specifically need to be followed and studied every day to become a master in the world of trading.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Asiska02
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September 26, 2022, 08:06:59 PM |
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The market's volatility and our unwillingness to take risks prevent us from becoming master traders. Even if the market is volatile, it can be predicted with enough knowledge and expertise. However, if risk is not taken, which is a core quality of a great trader, the result will be zero; you cannot become a master trader with such a risk-averse mindset.
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Lanatsa
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September 26, 2022, 10:17:22 PM |
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Every worth education or training should give us the skills that are applicable in other aspects of life. But in crypto, it is never like that. We keep learning every day in crypto
What stops us the most from becoming master traders?
When we do engage ourselves in trading then it would be out of scope on what degree that you had gained or achieve.Even if you do reach up masteral or something then it wouldnt count because you could still be beaten up by someone who didnt finished a degree in terms of trading aspect because this all matters on skills and knowledge but of course, it would really be that depending on how well you are on this market in talking about trading. Dont correlate your degree or educational attainment here on crypto space because it wont measure out your success chance on crypto market.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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sheenshane
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September 26, 2022, 10:38:49 PM |
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What stops us the most from becoming master traders?
A very volatile unpredictable market. Everything can be learned when it comes to the technology behind the market, the utility of the project, and doing research about the potential project but when it comes to trading in the market, this is very hard for others to make money, why? I answered above, there's no called master in trading because the price is unpredictable, though it has an advantage if you're an experienced and knowledgeable trader.
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samcrypto
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Vave.com - Crypto Casino
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September 26, 2022, 10:54:52 PM |
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Every worth education or training should give us the skills that are applicable in other aspects of life. But in crypto, it is never like that. We keep learning every day in crypto
What stops us the most from becoming master traders?
Time and commitment, many are too busy dealing with their everyday challenges and since in cryptomarket and in trading there’s no assurance of making money, many can’t still afford to focus on this and that’s why many are still not capable to trade that much even if they have a good educational background. Well, having that background can be a good advantage towards this market, you can still learn little by little until you master trading, there should be no rush here since it will always take time.
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Hamphser
Sr. Member
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Vave.com - Crypto Casino
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September 26, 2022, 10:57:27 PM |
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What stops us the most from becoming master traders?
It would be volatility and next would be regulation and next would be lack of patience or simply with emotions.You would be finding this a problem which would really be a hindrance on your overall awareness and would affect your dedication and seriousness on dealing with the market specially if you do make yourself able to commit lots of errors where usually we do really get discourage on something that we do. Just like on the rest been tellingthat having a huge or high educational degree or had been attain wont help out on your success chance on dealing with crypto.Its a totally different field which you do need to deal off with.
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palle11
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September 27, 2022, 08:54:17 AM Merited by fillippone (2) |
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What stops us the most from becoming master traders?
Trading is not like the professional courses that you can study in class room and become a master of it whether in practical or in theory for other course of study, you can become master in theory and practical because you can know the configuration that will land you to your result. Therefore you can analyse your theory and do the practical leading you to same result but trading is not that way. You can analyse the theoritical aspect of trading but the practical doesn't really come out same way it was analysed and this is why we have more of market analysers and YouTube, telegram call groups because trading is not easy so they rely that way to make the money from others and not directly from the market ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Trading is complex because it involves different figures of market decision markers that you can't read their minds but only rely on figures, speculation and emotional sentiment. This is a major challenge for trading, it is more of practical than classroom learning.
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el kaka22
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September 27, 2022, 03:36:51 PM |
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I have studied literature and many people think that it allows you to write better if you did that, but in reality it just allowed me to read and understand better. That is a marvellous skill to have in this day and age, because in a world of disinformation, understanding how to read things, and understanding what is real and what is not, seeing what has credible sources and what not, and constantly reading to learn more about things does allow a person to be wiser.
I am not saying I am wise, but at least I have the skills to help me become wise, and seeing how other people talk and understand things and respond, I have to say the level you need to be before you are considered a wise person is quite low in this world, and if you asked people almost everyone would say they are wise, unfortunately.
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batang_bitcoin
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September 27, 2022, 11:44:52 PM |
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Time and priorities IMO. Not everyone has the full time to cover all the knowledge in trading. But those that have full time priorities in trading, they are the ones that never give up and aims to be full time traders. There are people that are for trading and they're enduring all pains and hardships on it but, there are those that can't just do all of it and just gives up easily.
Not everyone could have enough time to learn everything just to become a master or professional trader while others are already contented with the basic knowledge as long as they're able to trade and make a profit. We have different priorities and some of us have to focus on our full-time job over crypto trading especially now that we're in the midst of a crisis wherein hustling is very important for us to survive. We could be masters in trading by just taking little steps at a time. We don't have to rush things out because it's a long process of learning. Yeah, many are good already with what they know and that's having basic knowledge in trading. It's all that they need and want to know. Unlike the others that would like to master it, they dedicate time on it and it's one of their priorities because they're seeing the significance of it and their growth towards trading. So, it's essential for them to allot most of their time, learning the techniques and strategies that they can have with trading.
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Rent this sig space so that BTC goes to $100k.
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danherbias07
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September 28, 2022, 04:03:15 AM |
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For me it's simple, you cannot have it all. If there's availability for an individual to be a master in trading then businesses like exchange and trading platforms will be gone. Why would they even bother opening if they knew someone out there could take advantage of the market fluctuation and milk them with money? I learned that in any coin, any trading pair, the risk is always paired to it. You will have to be wise and patient to succeed.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Silberman
Legendary
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September 28, 2022, 04:03:32 AM |
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The btt forum has brought many of us together in respect of our academic qualifications, background and tribe but still, we fail woefully when it comes to crypto trading. If crypto is judged by what we studied, many of us would have been so perfect in it. *A doctor's diagnostic ability, patience, and kindness;
*An Engineer's accuracy, critical thinking, and improvisation;
*An accountant's logic of balancing the two sides of an account;
*An investor's risk-taking and foresight
*A farmer's patience in nurturing produce, and managing gains and losses;
*An entrepreneur's ruggedness to deal with the challenges of business, and so on.
Every worth education or training should give us the skills that are applicable in other aspects of life. But in crypto, it is never like that. We keep learning every day in crypto What stops us the most from becoming master traders? In my opinion most people never even start their learning journey and that is the biggest problem, they come to this market thinking they already know it all despite being completely ignorant about this market, trading and investing in general, so they come to the market with all the confidence in the world but none of the knowledge and they get destroyed by the whales, good traders and scammers and then they complain about it, but surprisingly this is not enough to force them to start their learning journey.
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xzy887
Member
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Activity: 307
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September 28, 2022, 10:26:01 AM Last edit: September 28, 2022, 10:41:13 AM by xzy887 |
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What stops us the most from becoming master traders?
To become a master trader you must follow 3 things. 1. Acquire good knowledge about trading. 2. Taking occasional risks while trading. 3. Be very patient while trading. for example Knowledge: You can never become a successful trader if you do not acquire good knowledge about trading. And so there is no substitute for acquiring knowledge about trade to become a master trader. Risk: And as much knowledge as you gain. Sometimes you will trade with risk yourself, then you will understand the weakness in your trade and in the future you will be able to correct your mistakes and become a master trader. Patience: And the most important thing is patience. If you ever get lost in trading then never be disappointed. Also you can learn to become a master trader from there.
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doomloop
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September 28, 2022, 10:41:10 AM |
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Every worth education or training should give us the skills that are applicable in other aspects of life. But in crypto, it is never like that. We keep learning every day in crypto
What stops us the most from becoming master traders?
What about those professional traders? You can't just disregard them or their skills. They have a high success rate in trading. Those who fail woefully could mean that they need to practice a lot. The results in our crypto trade will depend on what we study but do you think it's easy on why would someone perfect it? Even studying in a real school is hard but it takes dedication and as you can see there are still many drop outs. What teaches us in trading is on how to work under pressure and on how to have a self control. What we learn here in crypto trading can also be applied in real life and you will notice that all seems easy. That is because trading is hard and we are used to that already.
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