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Author Topic: Trading and investing,and still very broke.why?Is it spiritual?  (Read 1450 times)
xSkylarx
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December 08, 2022, 12:09:27 PM
 #21

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

This is too deep. If we're talking about spiritual beings, I'd say it's possible; if the spiritual forces want you to stay poor because that's your destiny, then it's possible, but there's a reason for it; while trading, you'll help poor people with your profit, you'll guide others when it comes to trading, and other instances because if you get rich, you won't be able to do it, so everything has a reason. If we talk without spirituality, then I would say you are the problem, as you can't manage your profit or your money well, which is why you are still not getting rich.
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December 08, 2022, 12:17:24 PM
 #22

You are trying to answer why that's happening to them, and probably there's an easier way to deal with it: Don't think about it. Unless you are affected by it directly, or you are talking to yourself or referring to yourself in the third person, and you are the one who is trading and still manages to not profit at all in trading. Imagine blaming the heritage for yourself instead of doing something that would help you in the long run; that's sad.

There isn't a connection with the inheritance of poverty. Still, the attitude surrounding the person affects it, IMO The definition and the understanding of why it is what it is is just plain sadness. It will take a lot of work to act on and change.

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December 08, 2022, 12:54:45 PM
 #23

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
People keep doing trading and investing but still don't know how to fix the mistake and make themselves better could be a reason why those traders are not gaining anything from their trading activities. Sure, each person have different time and effort to actually understand the situation of the market and it's not everyone's game but actually with research and listening to other people advice for reference and use it for better condition to you, it could be beneficial for those traders who are seeking to be better at trading. It's really hard of course but some of you could make it.

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December 08, 2022, 01:34:09 PM
 #24

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
When logic is able to overcome things that are still within reach of reason, do you need to associate it with something taboo? Even in an increasingly sophisticated world you still think primitively. You have the right to associate it with spiritual things, but in a realm that is not accessible to reason. Regarding trade and investment, there are theories and these theories were created based on existing statistics. So while it can be defined and learned what you have to blame in investing is the way of thinking and the level of understanding that is still minimal.

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December 08, 2022, 02:01:25 PM
 #25

When logic is able to overcome things that are still within reach of reason, do you need to associate it with something taboo? Even in an increasingly sophisticated world you still think primitively. You have the right to associate it with spiritual things, but in a realm that is not accessible to reason.
Rightly said, I dont know why people keep thinking unscientifically in a world where technology is advancing like wildfire. I guess this is due to the lack of scientific temper among the common people or the effect of religious groups spewing BS on their followers and taking money from them in exchange for that BS.

Keeping that aside, we know that with practice any skill can be learnt and be refined. Trading is nothing different, once you get the hang of it there is nothing easier than that. What is tough is the patience that is required of the trader during the course of trading - for example you might buy at the low bear market but the market might not go bullish till the next six months.

Being in the middle of traders in a family might build up the similar mindset but this varies from person and is defenitely not something genetic.

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December 08, 2022, 02:45:26 PM
 #26

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
They still often make mistakes in analyzing so they can't make a profit yet. In addition, there is a potential for greed from their trading where I see that if someone can already see the profit, don't immediately close the trade and take the profit. They tend to want bigger profits so they keep waiting for the price to increase. But unfortunately, that only sometimes happens and makes them sell their coins at high prices too late. They would have made more profits if they could learn better and know when to close their trades.

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December 08, 2022, 02:50:19 PM
 #27

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

Trading is competing to other traders. You can only earn on trading if someone loses there money simply trading is just the transfer of money from impatient one to the patient that always get profit in the long term. Probably those who doesn’t get profit despite trading frequently are the one under the category of impatient on consistently giving there money to other traders through cut loss.

There’s now way that everyone one will be happy on trading on investing because this is not a charity but a competition on who will collect more using other people money. Trading is like a ponzi but the only difference was it doesn’t promise any sure profit but the design is same that user can get profit using other user funds that purchasing same assets.

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December 08, 2022, 02:59:32 PM
 #28

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

This is too deep. If we're talking about spiritual beings, I'd say it's possible; if the spiritual forces want you to stay poor because that's your destiny, then it's possible, but there's a reason for it; while trading, you'll help poor people with your profit, you'll guide others when it comes to trading, and other instances because if you get rich, you won't be able to do it, so everything has a reason. If we talk without spirituality, then I would say you are the problem, as you can't manage your profit or your money well, which is why you are still not getting rich.
Well, I respect of what your belief guys but I think, trading is a pure skill and knowledge that we must obtain before entering such a decision.
Just people don't believe in luck because that is misfortune. The same for me, everything your decision relies on you there is no spiritual --there is no course in trading, the logic here is you must have the knowledge and it depends on you. Sometimes people greed will put them down and now, who is to blame for that?









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December 08, 2022, 05:29:03 PM
 #29

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.

This is too deep. If we're talking about spiritual beings, I'd say it's possible; if the spiritual forces want you to stay poor because that's your destiny, then it's possible, but there's a reason for it; while trading, you'll help poor people with your profit, you'll guide others when it comes to trading, and other instances because if you get rich, you won't be able to do it, so everything has a reason. If we talk without spirituality, then I would say you are the problem, as you can't manage your profit or your money well, which is why you are still not getting rich.
Well, I respect of what your belief guys but I think, trading is a pure skill and knowledge that we must obtain before entering such a decision.
Just people don't believe in luck because that is misfortune. The same for me, everything your decision relies on you there is no spiritual --there is no course in trading, the logic here is you must have the knowledge and it depends on you. Sometimes people greed will put them down and now, who is to blame for that?

Thank you for your respect. We are in a religious country, so we really have these kinds of thoughts, but that doesn't mean that if we lose a trade we will be blaming the spiritual beings; when we lose all day, we ain't blaming anyone; it just happens for a reason. This is also for us to maintain a positive attitude and move on from something. We also don't rely on our beliefs; we are just using them for motivation to continue, just as in trading, to continue to trade even if losing to strengthen the strategy and not rely on luck, as trading isn't about luck; it is more about experience and your strategy.
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December 08, 2022, 06:09:08 PM
 #30

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
Some traders actually lead very comfortable lives despite their persistent trading attitude. Perhaps the people you are referring to as constant traders who are still broke are losing money every day in trading and are perpetually broke because they lack adequate knowledge and background about crypto trading. On the other hand, they might be accumulating their profits and not want the general public to see how wealthy they are.

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December 08, 2022, 06:55:18 PM
 #31

poverty is not the dominant hereditary factor and wealth is the goal.
and all of that is the will, the commitment to change one's life to become more established or successful.



for me all the things traders have done to trade and invest with all commitments but have not become rich, it is just an ongoing process.
if a trader is able to keep that commitment and invest in the right crypto or coins, i am sure to find success and become rich.
as I have done in the past when I felt bored with all things trading and investing in crypto but I tried to keep the commitment to keep investing and in the end I met a bullish season and my assets became valuable.

so I conclude that there is no element of spiritual and hereditary.
because all of that requires process, IMO

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December 08, 2022, 07:44:23 PM
 #32

I'm not sure if you know what the purpose of investing is and how successful people are at making huge profits. You can't just hope that investors or anyone else will get rich with bitcoin overnight, and neither should most other altcoin.

You have to have a good trading strategy in order to make a profit, the same for investing. There is a wide choice of valuable and tradable assets on the market, but when you make the wrong choice you are more likely to lose than make a profit. Long-term investment and selling it on ATH is a good solution for you, so poverty is actually not inherited but you may fail to change your fate because of your own incompetence.

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December 08, 2022, 08:14:12 PM
 #33

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
People keep doing trading and investing but still don't know how to fix the mistake and make themselves better could be a reason why those traders are not gaining anything from their trading activities. Sure, each person have different time and effort to actually understand the situation of the market and it's not everyone's game but actually with research and listening to other people advice for reference and use it for better condition to you, it could be beneficial for those traders who are seeking to be better at trading. It's really hard of course but some of you could make it.
We cant be perfect
We cant be precise
We cant really be constant on making profits

But what we are targeting and aiming is on which to make out profits in the end of the day and this is why we are really that pursuing on doing trades.We know that trading isnt really that for all
on which there are people who are really be able to withstand and there are people who do easily surrender or give up.
On the time that you had reached up on being profitable or really doing good then i dont see for someone to be discontented with that and trying out to look
for another thing which it is really that somewhat impossible in that case.

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December 08, 2022, 08:16:38 PM
 #34

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
Haha, I don't want to make fun of anyone but your question in itself is very funny. First of all investing cannot eradicate poverty and not even Trading can do that because for both things you require some basic investment from your own pocket to put in to earn well. Which obviously poverty sicken person can never properly do. So basically you are choosing the wrong way out to eradicate poverty, secondly, a simple way to eradicate poverty at least at the start is to look for a secure job. Give yourself some time to make a sort of emergency fund and basic capital for trading and then get into the trading business. Trading is just like a business only a few become profitable and rest will always be in losses and lose their initial capital as well.
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December 08, 2022, 10:21:12 PM
 #35

If they still continue to do that even though they sometimes go bankrupt because of their trading or investment activities, it's because of several things:
1. They actually know and understand the risks of trading and investing
2. They have made so much money trading and investing, that they believe they will get their money back.
3. They have experienced and are professional with all the risks and have good strategy and management for themselves.
4. Or they are just people who go along with it and are stupid without them learning and evaluating

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December 08, 2022, 10:23:10 PM
 #36

~snip~ So basically you are choosing the wrong way out to eradicate poverty, secondly, a simple way to eradicate poverty at least at the start is to look for a secure job. Give yourself some time to make a sort of emergency fund and basic capital for trading and then get into the trading business. Trading is just like a business only a few become profitable and rest will always be in losses and lose their initial capital as well.

Op chose the way out of trading, investing in crypto as poverty alleviation and Op did not care about the risks that would occur. this is not a job that guarantees wealth, even being poorer will be very possible if you don't understand what is being done. Crypto has a lot of risks for those who don't understand it. this is indeed a business that must be done properly, if the investment does not know about the business that is being run, then where can the profits come from?


I don't know what kind of question was asked by the OP, thus linking the bankruptcy of trade and investment with the spiritual. Will it directly affect or not? of course, there is no strong evidence of spiritual, curses and such. it's just a matter of basic knowledge and how good at reading market analysis, and doing research. Because if you don't know it all, you will go bankrupt. Spiritual will affect psychology and psychology will impact trade and investment. if the psychology is not stable and tends to always panic and such, this will be a cause for the loss.

Remember that trading and investing are not influenced by any spiritual influences, what influences the final decision is psychology, not curses and the like.

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December 08, 2022, 10:59:17 PM
 #37

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
Haha, I don't want to make fun of anyone but your question in itself is very funny. First of all investing cannot eradicate poverty and not even Trading can do that because for both things you require some basic investment from your own pocket to put in to earn well. Which obviously poverty sicken person can never properly do. So basically you are choosing the wrong way out to eradicate poverty, secondly, a simple way to eradicate poverty at least at the start is to look for a secure job. Give yourself some time to make a sort of emergency fund and basic capital for trading and then get into the trading business. Trading is just like a business only a few become profitable and rest will always be in losses and lose their initial capital as well.
We do know that not only trading does give out that opportunity on making yourself that able to get out with poverty or hardship in life when it comes to this one which there are other methods too.

It is really just depending on which one you would really be putting focus on because not all would really be good on doing trades, which means that its not bad to look for other various possible methods.

This had nothing to do with spiritual or some enchanted things or whatsoever.If someone is really that making money with trading then its good for him since not everybody could
really be that successful towards on dealing with an unpredictable market.Most of people do really failed up and quit eventually.I dont see for someone to really be not that contented
on the time that they are constantly making profits in the end of the day.

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December 09, 2022, 10:18:23 AM
 #38

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.
How do you say this? Generalizing just from your own experiences or by watching one or two friend's scenario also not enough to conclude anything against trading. You mention about consistent in trading which is subjective unless otherwise you refer long term trading. Similarly investing for years to decades also got very little chances to be failed in the case of right assets. So, eradicating poverty is possible by investments and for that I could be one of proven example.

Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
Nothing is impossible everywhere; simply leave off all these reasons. If you believe just fundamental and technical analysis are enough to make profits in trading and investments then I would say there is another factor which is luck and you can hit your luck if your patience enough at least 99.9% of times. So, include the time factor also in your trading. All short term things may fail but fundamentally strong assets in long term will get you assured profits.

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December 09, 2022, 05:57:35 PM
 #39

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
You are looking at the wrong places for the answer to your question, the most simple answer is that the ability to make money is different from the ability to keep that money, and this is a very common mismatch when it comes to the skills people have, this in part help us explain why we can see people that make a lot of money each year and yet they have huge debts, this happens because they spend too much money and there is nothing left of their income to the point they need to borrow money, and if they happened to lose their source of income they would go broke in a matter of months.

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December 09, 2022, 06:33:21 PM
Last edit: December 12, 2022, 03:18:13 PM by Obari
Merited by CryptopreneurBrainboss (5), Welsh (2), fillippone (2)
 #40

I sit-down to wonder why traders who are consistent in trading and also investing still remain very broke despite the effort they put to erradicating poverty,but it still seems like there is some sort of unforseen and spiritual forces controlling the physical.Or should it be foundational curse from the forefathers affecting the present circumstances?or is it that the poverty is inherited? Or is it a gene or chromosome?.These are questions that that I tend to ask.
I don't think there are actually spiritual forces, that are related to this.
One thing is to have the ability to safe, trade, invest and the other is to have the right sense to be able to use the proceeds for the right purpose at the right time
There are people who live there lives to impress and prove to people that they're doing well, while they're are struggling to survive.
There are people who save some very reasonable amount of money and end up living a lavish life and even living above their budgets and accommolate alot of debts and then starts paying with every penny they make.
People also ought to have the right investment sense and also have the right spending habit even after having the investments.

R


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