What is the most significant trading sacrifice you believe you have made?

[GreatArkansas]

Someone I know was able to achieve a lot of things, he literally become financially independent after he left his full-time job, and he already bought his own car. He is my close friend and I was also the person who introduced him to cryptocurrency, I am happy for him. Because he doesn't need to work 8 hours a day, and he got a lot of time.
That's why he becomes a full-time trader.

[1714310099]

1714310099

[1714310099]

1714310099

[1714310099]

1714310099

[1714310099]

1714310099

[Yamane_Keto]

Each sacrifice differs according to the financial situation of the individual and the society in which he lives. In one country, owning a car is considered a luxury that you can sell when you need money, and in other countries, you cannot move around without the car, so it is necessary. You will not get a typical answer, but each individual will tell his personal story, and its outcome will be:

• Spend less, and stay away from unnecessary things.
• Start saving in your time, in your expenses and avoid any behavior that leads you to more spending.
• Think and learn how to invest your money, the more you know, the more you build a clear goal and the easier it will be for you to achieve your ultimate goal.
• Dream and keep dreaming. If your dream is a car, dream that you are driving it and it will come true.

You will tell your experience in the end and it will be unique.

[Bananington]

Another person had to pay to be mentored. He did this because the mentor said people do not appreciate free things, and if he were not making the sacrifice of paying out of pocket, he probably would not be serious and would take it for granted.

I have sacrificed a lot of time to try making my trading better, I have sacrificed time that I should have used for other things like even sleeping but used it in watching more videos online. At some point I offered someone who knew better than me in trading with more experience some money to show me some tips because I noticed that he was not willing to tell me for free. These are a few sacrifices that I have made and even though they do not sound very significant to what other people may say, they helped me become better trading the times I traded.

[AnonBitCoiner]

My Experience selling something to use that money in trading is the foolish idea and it should be avoided. I think the most important sacrifices is to spend your precious time for trading and those who spend lots of time for trading are more successful because they learn more about it.

Sacrificing for success is not a bad thing but selling your daily life's materials are a bad idea because you will get rid of necessary things of life as well as money and you will also be disappointed by experience this fact.

[Franctoshi]

During my days in the University I and one of my close confidant use to squeeze out money to go from one Forex seminar to the other, where we did pay huge some amount of money to underwent those trainings and take lectures on currency market because crypto trading was at its early beginning and forex trading was not that popular in my country side as at then when compared with the rate now, so trainers was charging big money.

 I was so passion about leaning and earning money from the financial markets and I dedicated a lot of time even to an extent we both had to join money together and I will attend the seminar, after which I will teach my friend instead of we both to miss out.
Burned a lot of Data at night watching tutorial videos and taking online courses as well , which at the end has helped me become what I'm today when it comes to trading.

[doomloop]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Someone I know who a seven-figure trader is now made the sacrifice of moving into a shared apartment with a friend just to save money. Another person, who had previously started a logistics company, sold off his trucks and used the money for trading. Another person had to pay to be mentored. He did this because the mentor said people do not appreciate free things, and if he were not making the sacrifice of paying out of pocket, he probably would not be serious and would take it for granted. These people cited in here went on to become successful traders. It paid off.

Well, I'm not into full-time trading so I basically didn't make any sacrifices of that nature, though I've always wanted to become a full-time trader so that I can have financial freedom and have more time to spend with my family and friends, I barely have anything worth enough that I can sell off so that I can have a good enough trading capital to start with.

I believe hard work and determination can make anyone become successful in the long run, one should never give up even if it takes time because the success that has been gained quickly tends to vanish quickly as well but when you've worked hard for it, it tends to stay forever.

[iBaba]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Someone I know who a seven-figure trader is now made the sacrifice of moving into a shared apartment with a friend just to save money. Another person, who had previously started a logistics company, sold off his trucks and used the money for trading. Another person had to pay to be mentored. He did this because the mentor said people do not appreciate free things, and if he were not making the sacrifice of paying out of pocket, he probably would not be serious and would take it for granted. These people cited in here went on to become successful traders. It paid off.

Two basic things I sacrificed were my time and money. As a young man growing with little or no funds, I took my time especially in day trading to understand some of the basic principles of trading in Bitcoin and that alone took my hobbies, socializing and other past time activities away just for me to focus on trading.

Secondly, it is money. The fact that I was a low income earner, I took the bold step to invest substantial amount of funds in the system and trade with it. It was a time for me to take risks which I was ready for and certainly I got losses but learnt through the process.

[yudi09]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Too much time was wasted if I chose to trade full time because trading is a fun job to do from the first time I got involved until now I prefer medium to long term.

As long as I carry out trading activities, I have never sacrificed valuables to make capital in trading.
I only buy based on my financial ability when other needs have been met and my buying process is well managed regularly and occasionally watching market price developments.

Making trades every day and having to control them all the time is not my kind of thing.

[monineklutak]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Too much time was wasted if I chose to trade full time because trading is a fun job to do from the first time I got involved until now I prefer medium to long term.

As long as I carry out trading activities, I have never sacrificed valuables to make capital in trading.
I only buy based on my financial ability when other needs have been met and my buying process is well managed regularly and occasionally watching market price developments.

Making trades every day and having to control them all the time is not my kind of thing.

What you have done in trading I think is correct because basically we shouldn't force our abilities,
wise in trading is very important to minimize risk,
don't let us trade with greed because it will only make us lose.

[arwin100]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Someone I know who a seven-figure trader is now made the sacrifice of moving into a shared apartment with a friend just to save money. Another person, who had previously started a logistics company, sold off his trucks and used the money for trading. Another person had to pay to be mentored. He did this because the mentor said people do not appreciate free things, and if he were not making the sacrifice of paying out of pocket, he probably would not be serious and would take it for granted. These people cited in here went on to become successful traders. It paid off.

Crazy story about selling your company just to have money to use in his trade, I don't know what that guy think since maybe he just been hook up for the idea that there's a quick income or more bigger than can he possibly generate than his company. Hope he didn't regret his decision since there's no way he can own back that company which can give him more sustainable income.

My only sacrifices which I can afford is to spend a little portion of my salary on trading since I can't afford to extend more since I know the risk and hard to lose all of it and get broke for weeks or months.

[lovesmayfamilis]

Someone I know was able to achieve a lot of things, he literally become financially independent after he left his full-time job, and he already bought his own car. He is my close friend and I was also the person who introduced him to cryptocurrency, I am happy for him. Because he doesn't need to work 8 hours a day, and he got a lot of time.
That's why he becomes a full-time trader.

And what is his sacrifice? A very beautiful and unique story . I think that before he became successful, he lost a lot of strength and nerves.
Seeing how the psychological health of my friends who are just trying to trade is changing, I think that I am not ready for such a sacrifice. I'd rather sleep well than twitch with every up and down of the market and turn into a neurotic. I know one thing: trading is not for everyone, so I look with regret at friends who have not yet understood this.

[blockman]

If you have been full-time into trading for one to three years

I once became an active trader but it didn't work for me well. That's why instead of being active in trading, I did my own way of trading on and off, and that worked for me best.

what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

It's sad to remember that I've sold bitcoins that I've held before. I'm not a successful trader but I can say that it did paid me off the least. Made profits and mostly made a lot of lessons from those sell-offs that I've made. It was truly a sacrifice in a market that no one has taught me how to deal with.

[michellee]

Maybe the biggest sacrifice we have made has been in terms of time because, in those three years, we would have spent more time trading and forgot about other things. Maybe that's okay for us, but it's worth it for others because we've spent time with them.

I think that's normal because in achieving the goals we want, we have to give up and sacrifice something to get it. For example, if someone wants money, he has to work in an office or as a freelancer. And he has to give up his time to work hard to have money while leaving his family at home to have money later.

We all go through pretty much the same thing. But we shouldn't complain because that's what we have to do. And we must be able to appreciate it so that what we do can be used or beneficial to the people around us. There may also be people like @OP pointed out.

[TheUltraElite]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

None of that.

It does not need a "sacrifice" (sounds like a ritual, if you ask me ) What is needed is a source of money for the capital and that is what the OP has cited in their post. However one can just start from their own salary if they are willing to, of course a bigger capital at start means a bigger profit on the first trade, if they manage to. But even then capital is just a number, skills matter and of course some luck.

You could say that most of us here have once a while lost money what we traditionally call "tuition fees" to trading.

[Dr.Bitcoin_Strange]

During my days in the University I and one of my close confidant use to squeeze out money to go from one Forex seminar to the other, where we did pay huge some amount of money to underwent those trainings and take lectures on currency market because crypto trading was at its early beginning and forex trading was not that popular in my country side as at then when compared with the rate now, so trainers was charging big money.

 I was so passion about leaning and earning money from the financial markets and I dedicated a lot of time even to an extent we both had to join money together and I will attend the seminar, after which I will teach my friend instead of we both to miss out.
Burned a lot of Data at night watching tutorial videos and taking online courses as well , which at the end has helped me become what I'm today when it comes to trading.

Wow, but based on the recent stuff I learned, I read that in the past forex brokers were not trading cryptocurrencies unless just foreign currency pairs like ERU/USD, but now they have most cryptocurrencies that are very volatile on the forex trading brokers. I don't know how true that is, but someone who is enlightened about it should illuminate me, please.

You really sacrifice effort for trading, and I'm happy if it's paying you off now because when you mentioned that you watched some videos online and did some online courses for trading back then, I really don't know how long it has been since you didn't mention it, but I must say that some countless videos and trading materials online are just not worth spending time on to study because the majority of them now on the internet are just palter-babbles. You spend time learning a lot of those trading classes, you try exactly what you have learned, and you don't see any good results. That's what it is now.

[Finestream]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

Someone I know who a seven-figure trader is now made the sacrifice of moving into a shared apartment with a friend just to save money. Another person, who had previously started a logistics company, sold off his trucks and used the money for trading. Another person had to pay to be mentored. He did this because the mentor said people do not appreciate free things, and if he were not making the sacrifice of paying out of pocket, he probably would not be serious and would take it for granted. These people cited in here went on to become successful traders. It paid off.

I have not really made significant trading sacrifice in my whole life since I only trade with a minimal amount. So I lose a little and just gain a little, maybe because I’m not a full time trader in the previous years until at the present time. And even if I’ll become one in the future, I think I would never end up sacrificing my assets or property because I know how risky trading is. It can give you exceptional profits but it can also suck your life in an instant.

[DoublerHunter]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

^ I have sacrificed many things before when I was in trading but I did not remember I become a successful trader.
Yes, that is right, I am taking a loan because of lack of capital, selling my holding coin just hoping it will double when I was in trading but it ends up all in a bad nightmare, all my savings are gone and I was not able to recover it until such day come I realized to cut my lose and accept the fact that I will not recover it and move on. Not all sacrifices made us successful, should learn how to weight the risk and manage it.

[Captain Corporate]

Selling ever single satoshi I have during 2017 when it hit 19k. I knew that it would slow down but I didn't know when it would happen, but I sold everything I had in the whole of crypto world at the peak of that time, was a great decision. I didn't really made all that much great decisions after that, I have lost some and made some, I have been doing alright overall, but nothing has ever come close to that. It was the peak point, probably just a few days after I got out, the bear run started and everyone started to lose money. It was definitely a great decision to do that. I hope that there are a lot of decisions like that coming my way in the future as well, it definitely feels great when it happens and you feel amazing when you know that you are right, I would love to see that during the next bull run as well.

[Strongkored]

If you have been full-time into trading for one to three years, what has been the greatest sacrifice you've made to become a successful trader? And did it pay off?

I've never been a full-time trader, so all my trades were carried out on the sidelines of my main job, from starting to learn the basics to starting capital using the money from my main job, and right now I can't say I'm a successful trader, but at least what time has been sacrificed and the money has been paid in full.
The biggest sacrifice I've ever made was following paid signals, saying it's the biggest because it's stupid enough to believe such a thing, and the reason at that time was because I didn't have enough time to analyze the market and thought it would lighten the burden a bit on trading decisions, but to be honest it didn't gave impressive results, I can even say that paid signal owners only use other ways to be able to get money apart from trading because they understand that trading will not always be profitable, but having a channel with paid signals gets guaranteed income every month.

[ethereumhunter]

To become a successful trader, there must be sacrifices; if he is serious, he will definitely be successful and all his sacrifices will pay off. He just has to be patient and go through everything because it's a process he has to go through. We all sacrifice something of ourselves to achieve our goals, so we must give up something to get something else. And indeed, it will never be easy because we have to leave something that we might care about but it won't last forever because if we have achieved our goal, that's when everything will pay off. But indeed, we cannot get what we have sacrificed before because that is the price we must pay to achieve our goals. Now it's up to us to decide whether we can do it or we are going to stay like this.