Trading as wealth.

[savetheFORUM]

Trading with gold in a physical shop is possible but seems tedious than using fiat though. I reckon the number would be abysmal if not worse.

Accepting bitcoin in a business a tough choice to make specially if you livinq country that is against bitcoin and in a bitcoin hating locality. Running a business is not a piece of cake.

I appreciate what the OP has in their vision but realism is important here. Accumulate bitcoin and keep that idea in your head for now. If you local laws are good then go for it.

Gold is a good store of money for the long term, so it is better if it's used that way. It is not to be used as a mode of payment for goods or services, it was in the extent past, but those were different times.

You are right that running a business in a not-so-friendly country towards Bitcoin is not an easy job. That too if the price of Bitcoin keeps fluctuating negatively. A positive move could be a good thing for a business, but if it goes the other way around, that becomes a disaster.

Bitcoin too, just like gold, is better to be bought and kept for now. There is only one method businesses can use Bitcoin to receive payments, which is to implement a system that would exchange the received coins to USD in real-time without keeping or holding them unless the business owners want to change that themselves.

[lalabotax]

  In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.

This is the first purpose of someone entering trading activity, they are willing to be richer because of crypto trading. For, wealth is one of the most things to focus on in the real life. This is the fact that the more wealthy you are, the much more honor you will get. This is what happened to my area, but don't know about yours.
That is why trading is also sometimes connected as a way to gain wealth. they have high expectations to be rich because of trading by taking many profits to earn a lot of money.
But, sometimes they forget about the risk, that trading is also capable to erase your money and make you poor. that is why what kind of trading you will get will really influence the result of trading itself.

[Bushdark]

Like every goals trading is likely to give everyone what he desires.
     Let me go to the point trading has to do with either physical market or online marketing also know as digital marketing. On digital marketing trader are likely to use cryptocurrency which can be .
  Bitcoin
  Bitcoin core
  Ethereum.
  Or trading on asset such as
   Gold
  In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.
  Let go into the society as a whole most wealthy and stable individual are in there position today as a result of investment which is cryptocurrency when we look at them most of them are into trading of assets. That is to say cryptocurrency add positive value in terms of wealth to investment management.. in order word I stand by advising everyone to engage into business with cryptocurrency.

People still see trading as a tool to.become wealthy in life. We should not look at trading from that angle because it is not as easy as we think that is why many newbies had been making the mistake of going I to trading so they can alleviate themselves from poverty which is not so. Investing in cryptocurrency is far more profitable than even trading because as a trader you must be propared to make loses or you will have to make winnings that will make you to leave trading because the market is different from the way we do see it.

[arthurelewis]

Trading strategies can vary widely depending on the trader's goals, time horizon, risk tolerance, and market conditions. Some traders may focus on short-term, high-frequency Crypto-Trading strategies, while others may take a longer-term, more fundamental approach. Regardless of the specific strategy, successful traders must have a deep understanding of market dynamics, including technical and fundamental analysis, market psychology, and risk management.

[GreenStox]

not everyone will get good results if they are just starting out, that's why most beginners experience losses, not only in crypto but in business as well, if you are just starting out then what you are looking for is experience.

[Digital_Lord]

In cryptocurrency people can get maximum returns but for them it is crucial to understand each and everything about it. It does not mean that by just engaging you will get what you desires but the actual things which matters are the understanding. Trading of cryptocurrency is more acceptable than physical money because physical money is not as much higher as that money which is offered through cryptocurrency trading. Trading can be a source of wealth but it can also be a source of poverty because of losing money due to your mistakes in trading field.

[borovichok]

not everyone will get good results if they are just starting out, that's why most beginners experience losses, not only in crypto but in business as well, if you are just starting out then what you are looking for is experience.

Experience is the best teacher and as newbies, mandatory you posses it probably not now but in the nearest future. Experience is the factor that mapped out the qualification to handle any market position and also in the right state of mind. Trading is risky and complicated at the same time. It's compulsory that we learned more about cryptocurrency before hopping into the space because it's volatility is very high, and incomparable to legal businesses. We needs the basic knowledge and tools to implement on the market, knows the exact spot for good entries and risks management.

[TheUltraElite]

In cryptocurrency people can get maximum returns but for them it is crucial to understand each and everything about it. It does not mean that by just engaging you will get what you desires but the actual things which matters are the understanding.

They just need to understand how to keep money safe in the form of crypto and what measures to take in order to not accidentally getting scammed. After that just buy and sell high, how hard can that be? Actually it is tough that is why people lose more than they make in trading.

Trading of cryptocurrency is more acceptable than physical money because physical money is not as much higher as that money which is offered through cryptocurrency trading. Trading can be a source of wealth but it can also be a source of poverty because of losing money due to your mistakes in trading field.

Physical currency not being high is a temporary thing that can change, should not be the reason for crypto trading. Today USD is lower than bitcoin, but the average person gets paid in fiat not bitcoin - so for them 1BTC is a huge amount usually not affordable in a single salary payout.

Trading is not for everyone though, those who end up losing money even after playing it safe are doing something wrong and if they are unable to identify it they should move away from trading.

[tygeade]

In cryptocurrency people can get maximum returns but for them it is crucial to understand each and everything about it. It does not mean that by just engaging you will get what you desires but the actual things which matters are the understanding. Trading of cryptocurrency is more acceptable than physical money because physical money is not as much higher as that money which is offered through cryptocurrency trading. Trading can be a source of wealth but it can also be a source of poverty because of losing money due to your mistakes in trading field.

I think it is quite important to realize that having some sort of trading knowledge is not a thing people can get overnight. To know how to trade is something you can only do by studying really hard for months, hours everyday. If you are willing to do that then you can become a good trader, even then there are some people who may not.

We all know that in high school there were a lot of people who were terrible in math, I was one of them, and there were only a few kids who were wizards in math. Those are the people who grew up to be rich by trading, because they understood the numbers. Without that, no matter how much you try, you won't be as good as them.

[Jody.Drummer]

In cryptocurrency people can get maximum returns but for them it is crucial to understand each and everything about it. It does not mean that by just engaging you will get what you desires but the actual things which matters are the understanding. Trading of cryptocurrency is more acceptable than physical money because physical money is not as much higher as that money which is offered through cryptocurrency trading. Trading can be a source of wealth but it can also be a source of poverty because of losing money due to your mistakes in trading field.

In any case understanding is the key to success, how can one be successful without thorough understanding? Especially if we talk about trading on crypto, of course the same thing, even I think, every trader should understand more. It is true that crypto trading can change our destiny if we really understand the concept and what should and should not be done. But if there is no understanding, as you said it will invite poverty. Trading is not as easy as turning the palm of the hand, there is a very long process that must be passed for us to truly understand what trading is in its entirety.

[Rengga Jati]

.......
  In the global economy today cryptocurrency trading tend as a wealth over physical trading, like wise investing on cryptocurrency contribute to ones income.....

Many people think like this and because of that they are immediately interested in trading cryptocurrencies even without sufficient basic knowledge and skills. Yet behind it all, there is a very big risk that must be faced. And in the end, if they are unable to take the risk, they become desperate because it does not match their high expectations to get rich quicker by trading crypto. Many people think like this and because of that they are immediately interested in trading cryptocurrencies even without sufficient basic knowledge and skills. Yet behind it all, there is a very big risk that must be faced. And in the end, if they are unable to take the risk, they become desperate because it does not match their high expectations to get rich quicker by trading crypto.

[gunhell16]

In cryptocurrency people can get maximum returns but for them it is crucial to understand each and everything about it. It does not mean that by just engaging you will get what you desires but the actual things which matters are the understanding. Trading of cryptocurrency is more acceptable than physical money because physical money is not as much higher as that money which is offered through cryptocurrency trading. Trading can be a source of wealth but it can also be a source of poverty because of losing money due to your mistakes in trading field.

I think it is quite important to realize that having some sort of trading knowledge is not a thing people can get overnight. To know how to trade is something you can only do by studying really hard for months, hours everyday. If you are willing to do that then you can become a good trader, even then there are some people who may not.

We all know that in high school there were a lot of people who were terrible in math, I was one of them, and there were only a few kids who were wizards in math. Those are the people who grew up to be rich by trading, because they understood the numbers. Without that, no matter how much you try, you won't be as good as them.

I support what you are saying dude, what you mentioned is exactly right, there is no shortcut here in crypto trading everyone should study first and know the pros and cons here so they don't blame that cryptocurrency is just a joke.

Because most of the newbies who invest here think that it is easy to make money here in the crypto space, they don't immediately think about the risk attached to it when they take out money. No one has enrolled in first-year high school today and tomorrow will be 4 years of high school immediately of course there is a proper process that must take time and time in the proper process, and the same is true here in crypto trading.

[MFahad]

Trading have to do with risk measure, either advantages and disadvantages. The wealth of trading starts when you know the rudiments of trading. And i believe that seriously concerning trading. And secondly i believe that trading have to come with this particular measure, you most make a research and know the possible secret that's behind trading. 

I think after knowing about rudiment of trading the trading is not easy because there is sudden ups and downs. Without knowledge about rudiment there is also a need of selection of successful token because selection of tokens has a greater impact on the rate of success.

Sometimes there is no need of knowledge and a person get huge profit with the help of good luck but it not always works. Doing a research about trading is very important because trust blindly on others can misguide you.

[TheUltraElite]

In any case understanding is the key to success, how can one be successful without thorough understanding? Especially if we talk about trading on crypto, of course the same thing, even I think, every trader should understand more. It is true that crypto trading can change our destiny if we really understand the concept and what should and should not be done. But if there is no understanding, as you said it will invite poverty. Trading is not as easy as turning the palm of the hand, there is a very long process that must be passed for us to truly understand what trading is in its entirety.

The thing to understand is when to buy and when to sell, this comes from experience and if done on paper can yeild the experience without losing money. That and the idea that altcoins will never go as big as Bitcoin should be enough to narrow down a traders outlook towards bitcoin at low price which is the best thing to buy at.

It takes some time to master this but if done with a clear mindset and a bit of faith in Bitcoin it is not difficult. As long as the trader is not getting swayed by shitcoins roaming around or scams running rampant they should profit in the long term.

[Jody.Drummer]

In any case understanding is the key to success, how can one be successful without thorough understanding? Especially if we talk about trading on crypto, of course the same thing, even I think, every trader should understand more. It is true that crypto trading can change our destiny if we really understand the concept and what should and should not be done. But if there is no understanding, as you said it will invite poverty. Trading is not as easy as turning the palm of the hand, there is a very long process that must be passed for us to truly understand what trading is in its entirety.

The thing to understand is when to buy and when to sell, this comes from experience and if done on paper can yeild the experience without losing money. That and the idea that altcoins will never go as big as Bitcoin should be enough to narrow down a traders outlook towards bitcoin at low price which is the best thing to buy at.

When to buy and when to sell actually seems simple, but the fact is that for trading, especially for day traders, things like this are not as simple as they say because it returns to the initial focus, as I said, there needs to be further learning and understanding if you really want to do that.
Losing money is something that is actually a certainty when indeed we are just trying to do this without real analysis, but on the other hand, you need to remember that even if you try, it is indeed one of the requirements for experience, but still, trying just hoping for luck cannot be justified.

[Mauser]

Let go into the society as a whole most wealthy and stable individual are in there position today as a result of investment which is cryptocurrency when we look at them most of them are into trading of assets. That is to say cryptocurrency add positive value in terms of wealth to investment management.. in order word I stand by advising everyone to engage into business with cryptocurrency.

It's true that investing is a big part of asset management these days, owning and building a successful portfolio is important for longterm wealth generation and also saving money for retirement. When we buy an investment fund or take out retirement insurance than the company will invest the money on our behalf. We can do that ourselves and save on all the fees while being more flexible. Any good portfolio should hold crypto currencies among others. In my opinion having a well diversified portfolio is important during times if crisis. Putting 25% in stocks, cryptos, Real Estate and bonds is a great split. Personally I am not a fan of hold these days that's why I would not buy commodities.

[Baoo]

In my opinion, it depends on your capital. The more assets you have in crypto, the more wealthy you can be. However, without education , learning the basics of trading, having multiple strategies , experience and practice , it would be extremely dangerous to trade. In addition to that, even if you are rich, it is preferable to start with a low budget and once you gain experience, you can boost your capital. Moreover, it seems daily trading is no longer profitable especially if your balance is limited. As you see market is not developing or progressing the way it should be and to be honest, most of cryptocurrencies are linked to Bitcoin. If it rises, the whole market will follow it.

[GeorgeJohn]

Trading strategies can vary widely depending on the trader's goals, time horizon, risk tolerance, and market conditions. Some traders may focus on short-term, high-frequency Crypto-Trading strategies, while others may take a longer-term, more fundamental approach. Regardless of the specific strategy, successful traders must have a deep understanding of market dynamics, including technical and fundamental analysis, market psychology, and risk management.

You that trading have different options and when you don't comprehend the classes of Trading you will contradict the option, involving in the long term investment should be basically base on your ability to understand what is your target before you venture into investment, sometimes people who venture into short term investment are the people who lose most because they don't know the scope of it, while short term investment such scenario also affect it, you most know the things that is behind cryptocurrency investment for all.

[Hamphser]

Trading strategies can vary widely depending on the trader's goals, time horizon, risk tolerance, and market conditions. Some traders may focus on short-term, high-frequency Crypto-Trading strategies, while others may take a longer-term, more fundamental approach. Regardless of the specific strategy, successful traders must have a deep understanding of market dynamics, including technical and fundamental analysis, market psychology, and risk management.

You that trading have different options and when you don't comprehend the classes of Trading you will contradict the option, involving in the long term investment should be basically base on your ability to understand what is your target before you venture into investment, sometimes people who venture into short term investment are the people who lose most because they don't know the scope of it, while short term investment such scenario also affect it, you most know the things that is behind cryptocurrency investment for all.

Doesnt really only limit out on cryptocurrency but also in other things as well specially when we do talk about putting up money or investment then it would really be just understandable that you should set out plans

accordingly basing up on what you are projecting into or trying to reach out.Trading as a wealth? No its not that way or something you could really tell that it would be the same because it is something that
would generate wealth if you do able to make yourself sustaining but of course this isnt for everybody because only a few are the ones who do able to make themselves survive on a market on which
it is really that unpredictable.Doesnt matter whether you are involving yourself on crypto or other markets because moving prices is always been the main challenge.

[jeraldskie11]

Sometimes there is no need of knowledge and a person get huge profit with the help of good luck but it not always works. Doing a research about trading is very important because trust blindly on others can misguide you.

In trading, we should not rely on what others say, such as "good luck." If we rely on that, we will almost certainly fail in our trading journey. If you want to pursue a profession in trading, you must have the necessary knowledge and capital. Even if you have a lot of trade expertise because of your research and what the mentor taught you, it is still insufficient. You must have actual trading experience in order to know what else to do when emotions arise, and we also have varied execution methods. We must learn the rest from our own experiences.