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Author Topic: Trading as wealth.  (Read 820 times)
SquallLeonhart
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April 19, 2023, 03:28:30 PM
 #81

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.
It is the main reason why you need to put money aside, because it allows you to have an easier older life. Currently there are too many retired people in our nation that is living poorly because they lived poorly during their younger years as well, they are not stupid people who failed to put money aside even when they had it, no they are people who couldn't put any money aside since they didn't had much to invest, and the small amount they invested couldn't grow too much and help them later on and when they needed it they cashed it out.

However, bitcoin is different for us, because we are mostly younger generation who can invest into bitcoin, and even if not a lot, bitcoin can grow bigger than other investments and help us.
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April 19, 2023, 04:13:47 PM
 #82

Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.
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April 19, 2023, 05:21:04 PM
 #83

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.
It is the main reason why you need to put money aside, because it allows you to have an easier older life. Currently there are too many retired people in our nation that is living poorly because they lived poorly during their younger years as well, they are not stupid people who failed to put money aside even when they had it, no they are people who couldn't put any money aside since they didn't had much to invest, and the small amount they invested couldn't grow too much and help them later on and when they needed it they cashed it out.

However, bitcoin is different for us, because we are mostly younger generation who can invest into bitcoin, and even if not a lot, bitcoin can grow bigger than other investments and help us.
Dude, saving up for the retirement years is like prepping for a mondo zombie fest—it's gonna hit, but nobody knows when. Like you said, loads of retirees are living on the edge 'cause they didn't save enough back in their heyday. But worry not, compadre, we've got bitcoin to the rescue!

Bitcoin's like your undercover superpower, ready to rock the investment world. It can grow way beyond ordinary investments, setting us up for a wicked-awesome future. It's like sporting a cosmic cape to fend off the wickedness of poverty when we're old and gray.

In my wild ride of an experience, throwing dough into bitcoin's a slick move for young bucks. Just make sure you've got a killer game plan, stay in the loop with the freshest market buzz, and keep your mind open to learning rad new trade moves and schemes. So, let's pump those bitcoin vibes and be the caped crusaders of our own futures!
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April 19, 2023, 07:09:17 PM
 #84

This topic amuse me and make me feel for those who will just see the topic and immagine how much they can make while trading when they eventually start it.It reminds me of the mindset I had towards trading the very first time I started,I thought trading is what you can just invest your money in,and double without having any setback or loss.But when I eventually made my first second and third trading transaction,I found out that trading is not just the way you see it,trading is what needs startegy, calculation,
and a careful study of the market scheme.Some persons see trading as an avenue to make money, but I see trading as an avenue to try your luck and see if you will be favoured or not,,and not really a wealth oriented platform.
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April 19, 2023, 10:21:01 PM
 #85

Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.

You are right mate, And in crypto currency trading is mainly the number of such people who greedily get into trading without even basic knowledge to earn more profit in a short time.
But those who trade with minimal basic knowledge and choose Bitcoin as a coin, I think they are able to gain good profit at some point. However, no matter where the investment is made, if we do not have knowledge about trading, it will not be possible to earn profit. So I think before we turn trading into wealth we need to learn about trading or analysis


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April 19, 2023, 10:35:08 PM
 #86

Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.

You are right mate, And in crypto currency trading is mainly the number of such people who greedily get into trading without even basic knowledge to earn more profit in a short time.
But those who trade with minimal basic knowledge and choose Bitcoin as a coin, I think they are able to gain good profit at some point. However, no matter where the investment is made, if we do not have knowledge about trading, it will not be possible to earn profit. So I think before we turn trading into wealth we need to learn about trading or analysis
You would be able to learn up those things along the way on which you would be able to find out on whats the reality basing up on the current dealings that you are into. Trading isnt something that simple
that could really be learnt up on a short time.You might be able to make profits on first few tries but on the time that you would be experiencing losses and hardships then this is where self realization
and learning would really sets in.It is really just depending whether you would be able to adapt it or would be missing out those learnings because if you dont then this wont really be beneficial for you.
Getting that good trading skill isnt something that you could be able to get in a short time period.

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April 22, 2023, 10:36:54 AM
 #87

Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.

You are right mate, And in crypto currency trading is mainly the number of such people who greedily get into trading without even basic knowledge to earn more profit in a short time.
But those who trade with minimal basic knowledge and choose Bitcoin as a coin, I think they are able to gain good profit at some point. However, no matter where the investment is made, if we do not have knowledge about trading, it will not be possible to earn profit. So I think before we turn trading into wealth we need to learn about trading or analysis
You would be able to learn up those things along the way on which you would be able to find out on whats the reality basing up on the current dealings that you are into. Trading isnt something that simple
that could really be learnt up on a short time.You might be able to make profits on first few tries but on the time that you would be experiencing losses and hardships then this is where self realization
and learning would really sets in.It is really just depending whether you would be able to adapt it or would be missing out those learnings because if you dont then this wont really be beneficial for you.
Getting that good trading skill isnt something that you could be able to get in a short time period.
It is really a big misconception that you can learn trading in just an overnight, trading is one of the hardest job that a person should do. It is a job that mainly focusing your mental mindset because you are battling not just with the charts but with your emotions. Actually it will take you a year or even years just to master the basic and understand the concept. You need to experience the  full cycle of the markets for you to have an idea on what you should whenever the market transition in to bull, bear or even sideways.

I think it is true that there is an unlimited wealth that you can get from trading but it is not easy to do and that is why only few traders are making it to the TOP and majority of the traders are keep losing. Learning is crucial because you really need to spend a time just to master and have an idea when the chart gives you a opportunity to entry. If you can master the basic, there is a high chance that you will achieve next level performance that can help you to be in the top traders in the world.
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April 22, 2023, 11:38:22 AM
 #88

If you learn how to trade bitcoin and understand the real pratical aspect of trading over years, then it's no more a doubt that you can depend on your sustainability on bitcoin trading, those that do trading learn about various trading patterns, use their money to secure different leverage positions, invest and hodl for both long and short term duration, they understand the study of trading patterns and make good wealth from it because they sees it a profitable thing to do.



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April 22, 2023, 04:00:03 PM
 #89

If you learn how to trade bitcoin and understand the real pratical aspect of trading over years, then it's no more a doubt that you can depend on your sustainability on bitcoin trading, those that do trading learn about various trading patterns, use their money to secure different leverage positions, invest and hodl for both long and short term duration, they understand the study of trading patterns and make good wealth from it because they sees it a profitable thing to do.
For those people who think they can only depend on trading to provide money for them,i reserve my comment,because I know you are about to thread the wrong path.The way trading has devastated lives,one won't even think of making it the number one source of income.I agree most person's are good at trading,they have the experience,the knowledge and the strategy,but one thing that always seem to frustrate them most times is luck.If you aren't lucky enough,the market will always upset you,loses come when you least expect it.People who are wealthy today have started their Bitcoin journey long ago,and only people who hold today will gain tomorrow.
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April 22, 2023, 06:51:53 PM
 #90

Trading of cryptocurrency is a skill that can't be mastered 100% an you can't equate it to being wealthy, because even if you are successful in it, the market can humble you in such a manner that even if you made 1000usdt in a week, you can lose more than that in a day.
Most of the most wealthy people in this world are not even into crypto, so what are you saying
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April 27, 2023, 03:46:32 PM
 #91

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.
I agree, in day trading things get even more difficult to manage and micro-manage. Daily swings are unpredictable and hence I prefer to play it safer with long term trading and advice the same to newbies who are willing to play it safe as well. I do admire those who day trade and make a living out of it, but its not my thing, honestly.

I am not sure how much luck can actually help here because this ends up being a gamble everyday when it comes to day trading or short term trading. Quick decisions and a fast internet - all the more anxiety inducing. I am not sure everyone can handle that pressure.

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April 27, 2023, 08:30:34 PM
 #92

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.
I agree, in day trading things get even more difficult to manage and micro-manage. Daily swings are unpredictable and hence I prefer to play it safer with long term trading and advice the same to newbies who are willing to play it safe as well. I do admire those who day trade and make a living out of it, but its not my thing, honestly.

I am not sure how much luck can actually help here because this ends up being a gamble everyday when it comes to day trading or short term trading. Quick decisions and a fast internet - all the more anxiety inducing. I am not sure everyone can handle that pressure.
This is what I do as well, there are people who trade within minutes and that scares me a lot. How could someone know what bitcoin price could be in a few minutes? How could that even matter? But at the end of the day, there are people who acts as if that is normal and make a lot of changes and cause a lot of trouble as well, that is usually at leverage trading.

They end doing as high as 200x what I saw at the top, that is obviously the highest available and usually it's much less, and that means if it goes up even 20-30 bucks in a few minutes, they could make so much profit, but if it goes down that much they may lose it all. So that is why there are so many people who make these mistakes and I rather just go with the long term instead.

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April 30, 2023, 01:26:48 AM
 #93

In my opinion, you have made some great points about the potential benefits of cryptocurrency trading in today's global economy. I think, it's true that many successful individuals have amassed wealth through trading assets and investing in cryptocurrencies like Bitcoin, Ethereum, and others.

However, that it's important to keep in mind that trading and investing always come with risks, and it's essential for individuals to do their research and fully understand how the market works before diving in.

While cryptocurrency can certainly be a valuable addition to one's investment portfolio, it's crucial to approach it with caution and make informed decisions.

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April 30, 2023, 05:12:34 AM
 #94

Investing in crypto requires good knowledge to be well positioned in the future. Investing in virtual currency in the virtual world requires intelligence to gain reputation as a good trader. Treading must spend its assets and then invest and hold. Investing Bitcoin in Cryptocurrency is definitely possible to accumulate good wealth in future. There is no future risk to your money when trading bitcoins. Holding Bitcoin is better than investing in all other currencies.

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gunhell16
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April 30, 2023, 06:24:40 AM
 #95

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.
It is the main reason why you need to put money aside, because it allows you to have an easier older life. Currently there are too many retired people in our nation that is living poorly because they lived poorly during their younger years as well, they are not stupid people who failed to put money aside even when they had it, no they are people who couldn't put any money aside since they didn't had much to invest, and the small amount they invested couldn't grow too much and help them later on and when they needed it they cashed it out.

However, bitcoin is different for us, because we are mostly younger generation who can invest into bitcoin, and even if not a lot, bitcoin can grow bigger than other investments and help us.

The problem with other people is that they feed their minds with bad things about Bitcoin. But if only they had their own research on Bitcoin for sure in the end they would realize that it is good.

Then we know that Bitcoin has been proven to be a long-term investment in the cryptocurrency industry. And we know that it will really help when it comes to the future when many people also rely on what it can do to help the majority who have it.


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FUCKBSVFUCK
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April 30, 2023, 06:36:43 PM
 #96

It’s not easy to get rich in crypto, but it’s a matter of time. You can make a lot of money by trading, but you don’t have to be a trader to be able to make money. There are a lot of people who are successful in trading, but they are not the ones who are going to make money. 
 
For example, I have a friend who is a trader and he is an optimist. He is a good trader, but he is not a risk taker. He is a gambler, and he is not a financial advisor. He is a business tycoon, and he is not a trader. He is a trader.
Josefjix
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May 01, 2023, 11:03:47 AM
Last edit: May 01, 2023, 01:12:00 PM by Josefjix
 #97

Investing in crypto requires good knowledge to be well positioned in the future. Investing in virtual currency in the virtual world requires intelligence to gain reputation as a good trader. Treading must spend its assets and then invest and hold. Investing Bitcoin in Cryptocurrency is definitely possible to accumulate good wealth in future. There is no future risk to your money when trading bitcoins. Holding Bitcoin is better than investing in all other currencies.
Perhaps Bitcoin has made good pumps in the past, as well as heavy dumps, but that shouldn't prompt us to back down; there is no time to make scuzzy excuses, only to take bold steps and begin now. Nobody knows what the future contains, but Bitcoin seems promising, and we should seize whatever trade opportunities we come across. It is critical to understand what we require and to be able to work toward our objectives. With consistency and investment in solid crypto businesses, accumulating wealth is straightforward. Taking critical risks for massive returns, I'm already used to everyday bitcoin trading, I'm confident, and I've never doubted my future goals.

R


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newdevices
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May 01, 2023, 03:41:08 PM
 #98

Investing in crypto requires good knowledge to be well positioned in the future. Investing in virtual currency in the virtual world requires intelligence to gain reputation as a good trader. Treading must spend its assets and then invest and hold. Investing Bitcoin in Cryptocurrency is definitely possible to accumulate good wealth in future. There is no future risk to your money when trading bitcoins. Holding Bitcoin is better than investing in all other currencies.
Yes basically investing in crypto is not that easy so that's why it's important to have good knowledge,
In addition, knowledge alone is not enough because skills are needed as well,
Bitcoin is indeed the right choice if you want to invest long term.
Bushdark
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May 01, 2023, 06:13:47 PM
 #99

Without trading knowledge, making a profit is exceedingly challenging, and wealth cannot be increased through trading. The finest long-term investment is bitcoin, which also promotes financial growth. Being the most widely used cryptocurrency, bitcoin is more dependable and has a high market value, making it the top option on all bitcoin trading platforms. Bitcoin will increase in value as its price climbs, making it more useful to platforms and providing good profit.

It is just like entering the market without having any fund in your portfolio, this cam be very funny per say since money is required for you to trade in the market and make some good profits in the market. Not having a skill and wanting to make money for the market can be very tasking and usual for us to be able to make profits from the market.

We need to get a skill for us to be able to earn from the market or we can subscribe for a signal group where we shall be getting signals to trade the market with the intention to make profits from the cryptocurrency market. Sometimes this does not always work for us since there is no accuracy in using signals to trade.









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usekevin
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May 01, 2023, 08:36:10 PM
Last edit: May 03, 2023, 08:35:10 PM by usekevin
 #100

In the trading we will hold certain amount of our money in the exchange.So we can use that money,when you get any problem in your life.So the money in the trading is not consider as the liability and surely it’s assets.The physical trading will add some income to the trader,So he can use trading as like the employment’s source.When you are trading of gold,you got profit at the time of next pump.Till the pump you can use the gold to get some interest from the gold traders.If the trading time was increased,you will get more interest from the gold invest.Then reinvest the gold interest to buy more gold from the same style to get money.
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