Should trading be for the rich?

[Stepstowealth]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

[1714955491]

1714955491

[Dzwaafu11]

While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

If someone has the knowledge to do the technical analysis in trading but no money to do it, then it’s not for them at that moment because you must have money before you start trading, and those who have the knowledge but are scared of losing the little money they have also don’t have to worry about it; they can still wait until they have the funds to trade. There is no rush in the industry. And if they make mistakes in their technical analysis, then they definitely still need more knowledge before they trade to avoid too much loss; it will not be motivating.
 
However, trading is not only for the rich; everybody needs funds to live, so we need to take the risk and make it as far as we are ready to make money. Any business has risks, so for us to be successful, we must take the risk. The only thing that I will advise both the poor and rich is that we should use the amount we can afford to lose. Because even the rich cannot afford to lose all the time because of the risk it takes.

[Zaguru12]

Let’s take it like this, trading should be like a business, even if you have the knowledge but no capital you shouldn’t invest, even if you have the capital but isn’t much to start then start small and gain little profits as time goes on and you grow with experience it will expand. If you also have the capital even if it’s excess but you’re afraid you will lose, first advice is to run trading isn’t basically the only thing you can simply just invest or say hold for long and you will still earn your profits. Second advice you should give it a try since everyone starts with a fear and later conquers it

[GreatArkansas]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Maybe we can say, "Trading is not for everyone".
I know the feeling of difficult when you want to start trading but you don't have any extra funds or have financial difficult.
But for me, it will not be an excuse if you are really willing to trade and start, the demo account is correct, next you can find some money by working some gigs in internet, so you can use the fund you earned to start trading.

[Assface16678]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

No, of course not. That's why there is trading to give opportunity to people that want to earn using their assets, like bitcoin or other crypto currency. It may be good that you have a lot of capital before trading because the more the deposit, the bigger the equity, so you will have a big margin in your trade. But that's not it. That's why knowledge, training, and patience are important in trading so that even enough capital and equity will lead you to earn, and that's going to depend on the skill of a trader. Let's say you have a lot of capital because you are rich and are just placing trades in the market. Let's say the trader is educated and has experience. Yes, he could earn because he has a lot of equity, but still, it is not guaranteed. The same as the middle class or having enough equity, we all can lose money or capital in trading, but the effect depends on their status in life. It may be harsh, but yes, having a lot of equity or capital is an advantage in trading, as having limited equity could make trading too risky.

[Wexnident]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Not technically only the rich, you just have to have capital for it. And well, the amount of capital is pretty subjective depending on what your goal is so it's pretty flexible, granted profits grow/reduce depending on said capital though. As for losing money well, it all comes down to the scale of how much you want to grow the capital. The more risks you take, the greater the growth, but the greater the risk and vice versa.

As for the worry of losing your capital, that always exists in any venture whether it be investments, businesses, and whatnot. It's always there and hence why it's called capital. It's supposed to be spent for "something" so always consider it money lost really and don't expect to use it for something else.

[rat03gopoh]

While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have.

Popular quote, "trade the amount you can afford to lose".
Exchanges allow small deposits which means trading is affordable even for retail traders. The crypto market has greater volatility than other markets, even with small cap you have the same opportunities as large cap. It should be noted that profit in this case refers to a percentage of cap, not based on the amount of cap.

[Oshosondy]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

If you have little amount of money that you can afford to lose to trade, then why not trade. But rich people have their advantage and they have the money that can help them not to leverage. Leveraging can be tempting people that have little amount of money to trade, but the simple rule is that do not use leverage, but if you want to use it, use low leverage. People that use high leverage will most likely lose, be it rich, average or poor person.

[komisariatku]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is not just for rich people, but trading is for people who have money. Anyone can try trading, but relying income from trading activities will be very risky, in my opinion, rather than dreaming too much about trading, it is better for us to try to increase our monthly income and after we have financial stability then we try trading. I think that makes more sense

Trading can actually be done with small capital, but of course the results will also be small. In my opinion, forcing yourself to trade when you don't have capital and a stable monthly income is a bad choice. Actually, I prefer to be a bitcoin holder rather than a trader, because in practice it is easier and we can buy bitcoin from our monthly income.

[livingfree]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

No.

While the advantage is on the rich people because they have capital. But please don't make it look like something that it should be exclusive for them. This is one of the good sides of trading, it's an open market and even the fortunate and unfortunate people financially can join and collab on this market.

The risk is there given that there are winners and losers on trading. Those that want to trade but for now can't, you can study how it goes for you to learn until you have your capital to start.

[AmoreJaz]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is not just for rich people, but trading is for people who have money. Anyone can try trading, but relying income from trading activities will be very risky, in my opinion, rather than dreaming too much about trading, it is better for us to try to increase our monthly income and after we have financial stability then we try trading. I think that makes more sense

Trading can actually be done with small capital, but of course the results will also be small. In my opinion, forcing yourself to trade when you don't have capital and a stable monthly income is a bad choice. Actually, I prefer to be a bitcoin holder rather than a trader, because in practice it is easier and we can buy bitcoin from our monthly income.

this is the advantage of crypto trading. most trading platforms are allowing you to trade for as low as 10 bucks. so yeah, it is not for the rich only but also to those people who have more than enough and has the interest to go into trading. if you don't have passion on this activity, better not get into this as you will suffer mental stress and the likes. remember, if you don't like what you're doing, it will seem like forever doing one simple task.
this is why i like crypto over forex. because in forex trading, you definitely need more than 10 bucks to start your journey. in crypto, you can even find other alts that you can trade in small amounts. i believe this market is a very good opportunity for people to learn trading with very small capital needed.

[ItsCrafty]

Trading is very risky but there is some thing required for trading which will make your trading as success.furst of all need knowledge about trading after that need money but money should be extra of your pocket after that trading should be do as part by part now invest all money in one coin when you just buy a coin do not penic just wait with patience for the right time to take profit

[UchihaSarada]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

It is not for the rich.

When you are poor, you want to be rich and because you want to get rich quickly, you don't have enough patience to work and get rich gradually, you accept to take risk, high risk. You take risk with trading, take high risk with Margin trading or Futures trading.

When you are rich already, you will have less interest to take too much risk because only 1% or 5% increase of your portfolio is already very great for your wealth. You don't have to take high risk when you are poor. If you continue to take high risk, you can become poor again when risk knocks you down.

[EarnOnVictor]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

The answer is No, trading is for everybody, just find your way around anything you think is the obstacle.

Fine, almost all the exchanges I know do not allow a demo account, but this still does not stop anybody from starting small. If a well-prepared trader or the rich ones are trading with big money, why can't you start with a very small amount to learn the market trading and also get conversant with the trading platform before depositing big later?

The traditional Forex brokers allow a demo account, maybe you would start from there just like I did, and if you are well stable with your income, you might move to exchanges and deposit a little amount for further training on their platform instead of missing out entirely thinking trading is only for the rich. Even with just $5 or lower, you can trade without obstruction with both Forex brokers and crypto exchanges.

[hd49728]

Fine, almost all the exchanges I know do not allow a demo account, but this still does not stop anybody from starting small. If a well-prepared trader or the rich ones are trading with big money, why can't you start with a very small amount to learn the market trading and also get conversant with the trading platform before depositing big later?

Demo account for trading can not help too much for your actual trading. Very few people can use what they learn from Demo account trading to actual trading. Because when they use their own money and chase profit, they let greediness controls their decisions. So knowledge, experience with Demo trading can not help them. With actual trading, they will have to face with fud in the market too and as newbies they will mostly fail.

The traditional Forex brokers allow a demo account, maybe you would start from there just like I did, and if you are well stable with your income, you might move to exchanges and deposit a little amount for further training on their platform instead of missing out entirely thinking trading is only for the rich. Even with just $5 or lower, you can trade without obstruction with both Forex brokers and crypto exchanges.

Forex market is different than Bitcoin market but there is one common thing. Leverages, in both markets, traders can use very high leverages but if they do this, they are doing bad practice that will cause big losses for them. So if they fail in Forex market with leverage, they can not succeed in Bitcoin market. If they succeed in Forex market, it is not a guarantee that they can succeed in Bitcoin market that is harsher than Forex market.

[Yamane_Keto]

Since it is possible to trade amounts starting from $100 and make profits from them, then trading will be available to everyone, but to achieve wealth you may need to wait a longer time than someone who has $50,000 and wants to achieve wealth, but in the long run, trading may enhance your surplus funds and thus improve your living situation and your investment portfolio more than a substitute for a job, which cannot be replaced by full-time trading. Everyone in life aims to improve the quality of their life, and trading may be one of the ways that may improve the quality of your life, which is not limited to the rich, but you must do it with money that you do not need soon or as an alternative to a full-time job.

[yudi09]

OP. Trading is not just for rich people but for people who can afford it and people who are ready to lose money.

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first.

This is true because without real money trading cannot be done. When a person who leaves trading to make money when he returns to the market he already has knowledge about how to trade.
Moreover, he needs to apply a trading strategy to minimize trading risks by selecting potential coins to trade in the type of trading he masters and using the best methods in reading market situations.
Trading in a type of trading that is not mastered can have a bad impact on one's finances. It is not profits but losses that will be experienced.

[Lakai01]

[...]
Should trading be exclusive to financially comfortable and rich because of how risky it is?

No, why should it be?
If someone practices sensible and detailed risk management, it doesn't matter whether you trade with $10, $100 or $100,000. What is important here is that you set percentages of your available capital and stick to them.
This is especially true for newcomers to the market. They tend to quickly put a lot (or everything) on one card when making trades. If the trade then goes wrong, they have not only lost everything but also burnt their fingers so badly that they will probably give up trading for a long time to come.


In terms of profits, it also makes no difference whether you have a lot of money available or not. For someone who, for example, has a monthly income of 100$, 10$ profit from trading is an enormous amount. For someone who has 100 BTC in their wallet, of course not. However, they will probably stake exactly the same amount in percentage terms as someone with less money, which means that their profits are the same compared to the capital invested.

[KingsDen]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

First, trading is not for everyone, this is one truth everyone has to know in order not to get into troubles with the cryptocurrency market.

Secondly, trading has something to do with the volume of capital. No matter how experienced you are as a trader, you may never make a fortune with $5 capital, no matter the leverage you use.

Thirdly, it is no all about the money. You may have the money but if you don't know how to trade, 24hrs is enough to blow $10k

[idarasun]

Let’s take it like this, trading should be like a business, even if you have the knowledge but no capital you shouldn’t invest, even if you have the capital but isn’t much to start then start small and gain little profits as time goes on and you grow with experience it will expand. If you also have the capital even if it’s excess but you’re afraid you will lose, first advice is to run trading isn’t basically the only thing you can simply just invest or say hold for long and you will still earn your profits. Second advice you should give it a try since everyone starts with a fear and later conquers it

Yes, that's how it is, in addition, if you want to start doing it, do it very carefully and it's better if it's scheduled (scheduled) because according to several experts I've researched, they say so and I've implemented that.

[michellee]

Trading is not only for the financially rich but also for people who trade. But before trading, they must have the ability to analyze which is what is needed in trading. Indeed, rich people can trade because they have a lot of capital. But they also still have to learn how to trade.

I've met people who don't come from rich families. They are trying to trade. But because they don't know much about trading, they intend to learn it first. And because of their patience and persistence, they were finally able to give them the opportunity to trade. They told me how difficult it was to learn to trade and it took a lot of trial and error from the practice they did in trading.

But it's all worth doing because by seriously learning to trade, they can have good analytical skills. And that is also what allows them to make profits little by little and finally, when the market changes direction, they can make a lot of profits.

Learning from a demo account can provide experience before trading for real. This is useful for people who are still in the learning stage so that they don't experience real losses. As long as we are still learning and practicing what we learn, we have to be patient.

[taufik123]

Your thinking is too superficial about how one trades together.
Those who have good finances do not necessarily dare to trade, and certainly do not necessarily have good trading knowledge.

This is not based on how much money you have available to trade, but your determination to trade from a small enough capital,
to grow your capital even bigger, It was a successful trader.

My 7 years of experience in the crypto world, I don't have any capital to be able to trade.
I'm just a bounty hunter looking for small rewards from airdrops and bounties, but setting aside earned earnings to start trading.
Up until now I was able to trade well, have what I wanted, and it started from ZERO.

[famososMuertos]

A reality of commerce is that it is a professional activity, where knowledge and experience are fundamental and money is part of the scheme, that is, a wealthy person does not necessarily have participation, what happens is that a merchant or companies that have access to the stock market and invest for it, but those who do not have as much money do it, but in traditional commerce there are many rules of the game that are needed to be able to start.

Then crypto trading has been an investment ecosystem open to everyone, and there is only one rule "buy" and "sell", the amount is so minimal that anyone can enter, but equally the return is diametrical to that investment amount.

In fact, being rich does not keep you from financial problems, it makes you lose money just as much as those who manage to raise the money necessary to start with a lot of effort.  Anyway, on the contrary, the crypto world managed to derive that stigma that only people with money could invest in an asset.

[Out of mind]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

One should not wait long for trading as it is risky, and there is fear of losing money. If people who don't have money are interested in trading, they will definitely make a wrong decision and may face losses. If a user does not have money for trading, then he refrains from trading, many times it is seen that many people want to trade with loans, but it becomes more risky. So I would say whoever has money should trade otherwise he will definitely face doing it and lose money and not get profit from it, if you have money you can trade and profit from it. And trading definitely requires good skills and experience otherwise it is difficult to survive in the market. And I think it would be the best decision for a person to invest first without trading and from my point of view it is investment advice.

[boyptc]

Trading should be for those that have money. That means that it's for those that can afford to trade and knows that it can either be a lose or a win.

It is a reality that you can't trade without money but not all poor people don't have money. It's either they classify themselves as poor because nothing is left with them after obligations paid.

[knowngunman]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

No! Trading is neither for the poors nor for the riches but for those who can bear the risk. Having a lots of money is not a guarantee of success in trading although it has its role likewise having little money doesn't mean you're going to fail. Actually, trading can be risky but there are ways to mitigate risk and trade responsibly even if you don't have a lot of money.

The amount of money you have doesn't necessarily determine your success in trading because trading is a skill that takes time and effort to master and even those with a lot of money can make mistakes and lose all their money if they don't trade responsibly. Yes, I know being financially balanced has its role to play in trading and can be helpful but it's not the only factor that determines success. Trading success depends on how well you can manage your finances and risk no matter of whether it's small or large.

[YOSHIE]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Crypto trading is different from other trading, crypto trading can be done by anyone, it doesn't require rich people, poor people, middle class people so it can be done, it can be done freely.

The point is that what is needed in crypto trading is not rich or poor, namely: the knowledge and skills possessed by each individual, to produce well in trading.

Rich people, they only have money, but that determines success in crypto trading as I said.

[Wapfika]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Definitely not! there’s a leverage feature on trading which a poor can borrow more capital in exchange for a margin on his original balance but this way they can invest like with big capital.

Even rich hurts when they lose and the amount is proportional to their total capital which means rich person can losses is proportional to the loss of poor when we consider the difference on capital. Rich just gain more faster but poor people can always grow his capital slowly without competing to the rate of growth to rich people.

[barisbilgili]

Trading should be for those that have money. That means that it's for those that can afford to trade and knows that it can either be a lose or a win.

It is a reality that you can't trade without money but not all poor people don't have money. It's either they classify themselves as poor because nothing is left with them after obligations paid.

If someone wants to trade, of course they must have capital to be able to trade and they must also understand the risk of loss that will occur in trading if they cannot trade well.
Yes, you are right, if we don't have the money to be able to trade of course we won't be able to do it and it would be better for us to be able to meet our own needs first rather than trade and not have any money left to meet the needs we need.

[Faisal2202]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Nah, it will destroy everything, because let's just say you want to make trade only in BTC so to do that you have to confirm your status of finance, this is bullshit, because most of the time big rich OGz don't want to reveal there money and still wanted to make trades, what will they do then. Ok, you are smart, you also have a solution for it which might be--> the prove of reserves or confirming the POR on some trading platform (DEXs or CEXs) which means, you have to hide that information but it will be a vulnerability to the decentralization factor which is not what BTC is proposing.

BTC is public to everyone, so anyone could adopt it, do trade in it, no one have to prove anything about there financial status, if poor with no money knows how to trade but not making any trade due to lack of money, then its a good thing, and when they have the money they will make money out of market and if the rich do have money but they aren't making any profits instead losing then its there choice.

Every person choses there own way and have to face consequences accordingly.

[carlfebz2]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Dont know on there you did get the idea but everything you've said is wrong and here's the thing;

1. Trading on demo isnt something that poor could be able to do so, everyone can. No exclusions or some sort.
2. You can start live trading with few bucks as your capital, although profits cant be felt that much which its understandable.
3. Loosing? Neither you are noob or pro, there's no avoiding on this one
4. Risk? Its always been risky this is why you should be needing up to learn those specific or needed skills.

Trading is for everyone
Market is open for everyone

It do only matters whether you would be deciding on trying out to make advantage with market volatility
or simply be avoiding it, it all matters on you! imho.

[DVlog]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

If someone has the skill to trade but not the money then he has to find ways to get the money first. What are the point of being knowledgeable about trading if you cannot trade due to a lack of money? The question should be how he can get the money. There are many ways selling a course about trading, running a live trading course can be run on the internet where students will pay a subscription charge, he can also open a youtube channel where he will share his trading skills with others This YouTube channel can also generate money for him.

[kentrolla]

Trading is not for all not even for richest if they lack the trading skills and knowledge which is not everybody's cup of tea. As people have suggested above one cannot start trading without any funds hence they have to accumulate funds via traditional jobs and then use it for trading, obviously starting with demo account and unlocking their potential and learning curve. Nowadays there are more people with money who don't know trading than those who knows trading ambur don't have funds.

[Fara Chan]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

It doesn't have to be, trading can be done by anyone with capital, which doesn't have to be a large amount, although it also doesn't have to be a very small amount. But in terms of comfort and wealth, I think that also has an influence and can also be said to be true because those who have a lot of money will certainly find it easier to do anything, including trading. However, in general trading can be done by anyone who has the intention to do it, although almost everyone has to go through a learning phase and look for capital to do this.

[ZAINmalik75]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Answer of your question lies within your question, you said rich makes no money while they have the money to do trading but due to no knowledge about trading and the basics they are losing while at the other hand poor people don't do trading practially becaue they don't have real money to do that. If you give more observation to it then you will realize that if your prefered system is accepted and to be implemented.
Then only those who are rich will be allowed to do trading or hose who meets the capital qouta would make trades, but this is equals to job discrimination while in my mind trading provides everyone equal opportunities regardless of any financial state and this is better for everyone.

Rich don't know how to make money and poor don't have any money then its mean rich are not going to be rich anymore  they are going to lose more and with time they will lose interest and the demand will decrease and supply will increase this will decrease the price overall which is bad for market.

[AprilioMP]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

It is not required or reserved for trading to be exclusive to rich people because you know that trading is not only for rich people.
Those who want to trade [rich and poor] can do so even if their economic level is above, middle or below, there are no restrictions.

Simply put, it is called trading because buying and selling transactions occur. In buying and selling there are profits and losses. Without money, it is impossible to trade.
Trading requires skill after having money. People with economic levels above without skills can lose out. Rich people find it easy to trade.
In conclusion, trading is not for rich people or for people with higher economic levels.

[JunaidAzizi]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

There is a famous quote about this that 'trading is not for everyone'. This shows that trading belongs to certain people who have skill, experience, and a fund for investment. A person who has all the knowledge, and expertise in technical analysis but if he has not had much money for investment and also the other person who has a small fund but worries about losing it, is useless. Trading without investment is very difficult, and if you have some connection from where you borrow some money for trading and make a trade, but there is a small problem what if you lose all the money, how you can repay that amount to the person and the answer of all this question is that trading is not working on borrowing money instead it required some funds with the zero involvement of emotions.

[Russlenat]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

There is no distinction in trading, regardless if you are rich or poor, everyone is given equal opportunities to trade and make profits. The only reason why trading is not for everyone is that if you trade without sufficient knowledge and skills, because surely trading will only put you to your losing end. But if you have the requirements to trade, and you are good enough to manage your emotions in trading, then trading is right for you, even if you don't have huge funds to trade.

However, I see it as an advantage if you are a rich trader, because that means that it won't be easier for you to quit and just leave gambling easily. Instead, you will use your money to keep practicing trading until you develop your own skills and valuable strategies that will make you successful and profitable trader.

[Rengga Jati]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

When trading, there will only be two possibilities, gains or losses. When we want to enter trading, we must be ready for both. If we have these worries and cannot control them or control these worries, then that means we are not ready for all the risks of trading. So, it would be better if we don't carry out trading activities first. Indeed, worry is not completely wrong, we are allowed to have it, especially with this worry, we will be more careful and also better prepared to carry out various analyzes and strategies based on sufficient knowledge. However, on the other hand, if the worry is too excessive and makes us uneasy and can disturb our focus on trading, then that means we are really not ready mentally and emotionally for trading. And this is quite dangerous.

Pro traders usually have their own tactics so they can consider trading as a way to get money and collect it. So they might be able to achieve glory and success in trading. However, if we are really new and/or don't really understand trading and still have the concerns above, then it is too high if we aim to get rich from trading. In fact, expectations that are too high sometimes actually make us too stressed when trading, especially if it doesn't match expectations.

[gunhell16]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

If other individual traders enter crypto trading and feel scared and worried as traders, I don't think he belongs in this industry. We must understand that traders rely on you to be aware of unforeseen events in the market.

That is why it is not possible here if you do not know how to read and apply each of the trading indicators used to predict the direction of the price of the coin you are trading on an exchange. Because it is certain that your trading activity will have no destination if you merely create estimates as a basis that you do not apply.

[Dr.Bitcoin_Strange]

Just some days ago, one of my friends at the university was charting with me, and he said he wanted someone who would invest in his trading skills and that he was 90% sure of his strategy working and yielding more profit than loss. I wanted to give him a try, but when I asked him if he had invested any money yet and he said no, that it was just a demo that he had used to learn all the strategies, I gave because I didn't want to be the escape goat who ends up losing his money after his first trade.

OP, trading is for everyone as long as the person has the zeal for it. While learning how to trade, the person can also be sourcing for ways to earn some money that they can invest in the real trade and try their skill out.

[terrific]

Just some days ago, one of my friends at the university was charting with me, and he said he wanted someone who would invest in his trading skills and that he was 90% sure of his strategy working and yielding more profit than loss. I wanted to give him a try, but when I asked him if he had invested any money yet and he said no, that it was just a demo that he had used to learn all the strategies, I gave because I didn't want to be the escape goat who ends up losing his money after his first trade.

OP, trading is for everyone as long as the person has the zeal for it. While learning how to trade, the person can also be sourcing for ways to earn some money that they can invest in the real trade and try their skill out.

People nowadays are too believing to themselves even if without the actual experience. I guess that's a good capital for them and can't blame them for being too confident without proper application of actual trading.
While it's true that trading is for everyone even these people that are thinking that they are investable because they think they're smart and skilled, they don't know yet how brutal trading is.

[jeraldskie11]

Anyone can trade wether you're rich or poor. For me, there is no difference between them but their trading capital. Why? Because they can both become profitable or not profitable in trading. They both need to do backtest or do a demo account. Rich traders don't trade with the same margin as poor traders, they put margin based on what they can afford to lose. The only difference I see in them is their trading knowledge and mindset.

[synchronym]

op First of all thank you very much you have brought up many important points. True, there are still many people who have enough knowledge to trade Bitcoin, but due to financial reasons, they may not be able to trade in Bitcoin. I will discuss a personal one. A friend of mine had quite good knowledge about Bitcoin. But due to financial problems of his family, he could not trade in Bitcoin properly. I personally gave my friend some money to trade in Bitcoin and then he never looked back. He is now a successful Bitcoin trader.

[Strongkored]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Traders who enter trading because they think this can be a job that will provide a steady income to finance their lives are the ones who often end up failing, they think trading is something that is easy to conquer without realizing that under any circumstances trading will still lead to losses because of the market that don't move according to analysis and the pressure to always produce gives more and more opportunities for wrong analysis, and so far I only get profits when the market is bullish and on normal days everything is unclear, whereas those that are already economically stable will not face any pressure about how much profits that must be obtained so that they can analyze more calmly.

[EarnOnVictor]

Fine, almost all the exchanges I know do not allow a demo account, but this still does not stop anybody from starting small. If a well-prepared trader or the rich ones are trading with big money, why can't you start with a very small amount to learn the market trading and also get conversant with the trading platform before depositing big later?

Demo account for trading can not help too much for your actual trading. Very few people can use what they learn from Demo account trading to actual trading. Because when they use their own money and chase profit, they let greediness controls their decisions. So knowledge, experience with Demo trading can not help them. With actual trading, they will have to face with fud in the market too and as newbies they will mostly fail.

There's no how the demo account will not help, however, learning continues with the live account since it's the main account, but this shouldn't be a discouragement for anyone. Everything that needs to be learned in trading can actually be learned through the demo account, which includes emotional control that you referrred to. But unfortunately, true emotional control can only be learned with the live account where you commit your real money, which is what new traders should keep in mind.

Still, we are different and this psychological aspect of trading was learned by some people and it wasn't a different issue when they traded live accounts. Most often, what aggravates the psychological issue is that new traders do not start trading with the money they can afford to lose, but those traders that were able to scape through avoided that. Not only that, they also made sure they started with a very low amount of money to practice the live trading experience, and they did this before they eventaully grow to the level of using the bigger money to trade instead of just wasting money in the beginning.

This is wisdom, you know!

[Inwestour]

There's no how the demo account will not help, however, learning continues with the live account since it's the main account, but this shouldn't be a discouragement for anyone. Everything that needs to be learned in trading can actually be learned through the demo account, which includes emotional control that you referrred to. But unfortunately, true emotional control can only be learned with the live account where you commit your real money, which is what new traders should keep in mind.

Still, we are different and this psychological aspect of trading was learned by some people and it wasn't a different issue when they traded live accounts. Most often, what aggravates the psychological issue is that new traders do not start trading with the money they can afford to lose, but those traders that were able to scape through avoided that. Not only that, they also made sure they started with a very low amount of money to practice the live trading experience, and they did this before they eventaully grow to the level of using the bigger money to trade instead of just wasting money in the beginning.

This is wisdom, you know!

These are the right thoughts, if a trader tries to trade with money, that is not a comfortable amount for him, then this will interfere with his transactions. Excessive excitement will always lead to mistakes, or the fear of losing this money will lead to excessive caution and this will interfere with making a possible profit.

I have never tried to trade on a demo account, and perhaps the main role in this was played by the discussions I read about the demo account on the forum. The opinions of experienced traders that there is no point in this influenced my decision to start trading immediately with real money. But I started trading with little money from the beginning and it wasn't that difficult when I started to gradually increase my deposit. Practice will always be more valuable than any theory.

[lombok]

Trading is for those who have more money (not rich but more money) and have the knowledge, knowledge and analysis to support it. I suggest that if your income is small, it is better to avoid trading, especially if we have no experience and minimal knowledge in trading. That will only waste time and money. If investing, for example buying Bitcoin and holding. This is more beneficial for growing your portfolio.

[petulino]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Determining whether trading should only be accessible to people who can afford to lose money is difficult. The principle of adjusting access to trading opportunities is widely accepted in the cryptocurrency community, even if trading entails risks and necessitates a certain amount of financial stability as well as financial backing. In an effort to lower these barriers, decentralised finance (DeFi) systems, for instance, offer more open and welcoming trade environments.
Recognise the dangers inherent in trading as well as the need of prudent money management.

[Questat]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

I understand that trading requires not just knowledge and skills but also money. Yes, often to say that those who have enough capital can stay in trading while those who are incapable or limited resources will quit. Well, the truth is that even if you are poor but your level of market understanding is quite good, making a profit is not impossible. In fact, we can start trading at the minimum amount and grow it. As long as we are able to manage carefully our trades, it is not impossible to grow them and become rich. As a trader, we should have to live in a positive mindset.

[shawonngp]

Funds is of course needed to start trading, but before learn and practice first, because fund will be come in your hand today or tomorrow then you can start trade.
I know some of my friends they have good funds but they have no knowledge about trading. Small traders always worried because if they will lose money.
 

[mirakal]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Not actually for the rich and those who are comfortable of losing but for those who are not faint-hearted that when they experience massive losses, they easily resort in wrong decision making that will make their trades doom to failure and losses. While poor traders can be more susceptible to losses, but even rich traders as well as their huge capital does not guarantee the success of their trades.

However, I understand your main point OP but when one decides to trade without patience and caution, there will always be inevitable losses that even rich traders will create a negative effect on their finances and if not dealt wisely, these traders will end up being broke and homeless in the long run.

[AnonBitCoiner]

First, trading is not for everyone, this is one truth everyone has to know in order not to get into troubles with the cryptocurrency market.

Secondly, trading has something to do with the volume of capital. No matter how experienced you are as a trader, you may never make a fortune with $5 capital, no matter the leverage you use.

Thirdly, it is no all about the money. You may have the money but if you don't know how to trade, 24hrs is enough to blow $10k

Trading is not easy as those who think that they learned all about trading when enter into the market then the thing which they get realize is that they have minimum knowledge which is not enough to get reward. Trading requires your attention because price changes regular and decision should also be changed according to market changes.
Money and knowledge both are necessary so if you lack one of these two then consider that trading is not for you. Some wealthy people think that they will win in trading easily because they can use more money but they don't know that this large amount of money can easily be lost with a single fault because of insufficient knowledge.

[Bushdark]

Anyone can trade wether you're rich or poor. For me, there is no difference between them but their trading capital. Why? Because they can both become profitable or not profitable in trading. They both need to do backtest or do a demo account. Rich traders don't trade with the same margin as poor traders, they put margin based on what they can afford to lose. The only difference I see in them is their trading knowledge and mindset.

Trading is for everyone. It is a matter of the level of understanding we have in the market. This is why we don't have to be a weak trader or relax to the little things that we know about the market. It is good when we try as much as possible to improve our skills so that we can easily adapt to the change in market structure. Market structure is something we need to be prepared for which is going help us in a long run understanding more about the market and what coild possibly happens next..

[cute nmp]

Think the Trading skills is more important than the capital itself . Many have the funds to trade but don't know how to do it and end up losing the funds so i don't think Trading is for the rich only it is for everyone some don't have the skills to do it while others have but don't have the capital. If given enough capital they can be able to succeed in the field more than the rich.

[lixer]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

It's obvious, not because of the risks involved, but anything in the world that requires money is specifically for people that have money, there is nothing to be confused about that at all. Trading is the process of making money by buying and selling things, assets, and currencies, so it's obvious that only a person who has money can do it and someone who gains knowledge and does research wouldn't be able to start trading as long as they don't have capital to begin with.

Those who lose their capital because they think a lot about losing and are afraid of losses are not supposed to get into trading in the first place until they feel that they are ready to face all sorts of situations. Trading has its risks, and even the most expert traders tend to make mistakes and lose money sometimes. It's all about learning and growing and getting up after every fall and moving forward with more determination.

[TakeItEasy]

Anyone can trade wether you're rich or poor. For me, there is no difference between them but their trading capital. Why? Because they can both become profitable or not profitable in trading. They both need to do backtest or do a demo account. Rich traders don't trade with the same margin as poor traders, they put margin based on what they can afford to lose. The only difference I see in them is their trading knowledge and mindset.

Trading knowledge of a rich person and a poor person can't be equal, because there will be many ways through which the rich trader may pass and he may faces different problems but the poor trader in these ways didn't worked because he didn't have fund at some place. Therefore the rich trader I think will be more knowledge about the trading. And knowledge in the trading has different benefits which can  only understandable if there is a situation came in which loss is near.

By gaining much experience puts a person in some safe zone, he knows how to work in which place at trading. He have the ability to get more profit by investing just a small amount many times.

[Vispilio]

Psychology of trading live vs a demo account is vastly different, and this difference in emotional levels is far more pronounced for people not coming from an already wealthy background.

Having said that, there are many ways to earn in crypto without investing any capital up front, so in that sense someone can become a great trader regardless of background pressures / disadvantages, as it's possible to get into trading and build a respectable bankroll with 0 starting capital in crypto space...

[Kasabus]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

I don't see it reasonable making trading exclusive for rich people only. Not all rich have the skills and abilities to trade, so even with huge funds, trading will still not be successful. Same with people who are skillful into trading still cannot guarantee its success if funds are missing. So it should be in balance, you should have the knowledge and skills in trading, and you should sufficient funds to start trading. That way, the rate of success is very high.

However, I am not saying that poor people are not actually qualified for trading. Of course, in trading there are no distinctions whether you're rich or poor, the important thing here is you know what you are actually doing, and you have the funds regardless of its amount, that can finance your first trade. The outcome of your first trade will determine if you want to pursue trading or just take a break first and earn sufficient amount first before deciding to trade again.

[stomachgrowls]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

I don't see it reasonable making trading exclusive for rich people only. Not all rich have the skills and abilities to trade, so even with huge funds, trading will still not be successful. Same with people who are skillful into trading still cannot guarantee its success if funds are missing. So it should be in balance, you should have the knowledge and skills in trading, and you should sufficient funds to start trading. That way, the rate of success is very high.

However, I am not saying that poor people are not actually qualified for trading. Of course, in trading there are no distinctions whether you're rich or poor, the important thing here is you know what you are actually doing, and you have the funds regardless of its amount, that can finance your first trade. The outcome of your first trade will determine if you want to pursue trading or just take a break first and earn sufficient amount first before deciding to trade again.

Success doesnt really matter whether you are rich or poor specially on trading, its true that there are rich ones which doesnt have that good skill on trading but rather there are those average who are really that good on doing it. There's no way that we could be able to conclude out on someones success. The only difference on here is that rich people does have that kind of capital on which this is really something and advantage on which we cant really be able to deny. When it comes to adjustments and versatility when it comes on ventures that they are involving then rich people would really be always having the advantage but doesnt mean that those average
investors or traders would really be having no chance. There's always a chance and it would really be entirely be depending on how they will really be making up trades.

There's no exemption because anyone could really be able to dive in in the world of trading specially into this unpredictable market. It is really just that there are people
who are really that good when it comes to handling out emotions which do really affects out their trading results.

[irhact]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Why are you trading, you're trading to make money therefore if you're already rich then trading mightn't be for you. Trading is a quicker way to make money because you don't have to wait for a very long time before you can sell your coins and make profits just like when you make investment. If I'm rich, I'll go for investment as I don't have to stress myself but wait until my investment has given me profits then I sell and since I'm rich, it'll give me more advantage to hold and not sell.

Trading is both for the rich individual and poor individuals as both set of individual can trade and make profits perfectly depending on how determined they're and how they understand how to trade. Trading shoudn't be done by individuals that don't understand it or haven't learnt how to trade properly or they'll lose not matter their financial ability. It doesn't matter the income you're receiving but you can program yourself to trade with the money you have and make profits.

[kingvirtus09]

Anyone can trade wether you're rich or poor. For me, there is no difference between them but their trading capital. Why? Because they can both become profitable or not profitable in trading. They both need to do backtest or do a demo account. Rich traders don't trade with the same margin as poor traders, they put margin based on what they can afford to lose. The only difference I see in them is their trading knowledge and mindset.

That's right, rich or poor can be in the trading industry. But most of the traders here in the cryptocurrency business industry are all from the middle class, only a few of the rich are doing trading here. There are still more people hoping to get out of the poverty they are in in life.

So it's not about whether you're rich or whatever your status in life is, as long as you have an understanding of what you're doing here in the crypto space, you can be here, people who are just negative are not welcome here the Bitcoin and cryptocurrency know-how.

[TelolettOm]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Actually, it's possible to trade to get rich. However, the process will certainly be different and will not be as easy as we initially imagined. If we only hope to become rich from trading, but on the other hand we don't really understand trading and the effort is just ordinary, then it will just be a dream, not a reality. And this is certain, it is only risky to trade, because without preparation from various sides, it will only make it easier to lose.

It's different if you really do it with good effort, mental, financial, strategic, knowledge and other readiness. and how to carry out trading professionally, so that you can achieve success. does not rule out the possibility, but once again, this requires harder, smarter and wiser efforts.

[shinratensei_]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Actually, it's possible to trade to get rich. However, the process will certainly be different and will not be as easy as we initially imagined. If we only hope to become rich from trading, but on the other hand we don't really understand trading and the effort is just ordinary, then it will just be a dream, not a reality. And this is certain, it is only risky to trade, because without preparation from various sides, it will only make it easier to lose.

It's different if you really do it with good effort, mental, financial, strategic, knowledge and other readiness. and how to carry out trading professionally, so that you can achieve success. does not rule out the possibility, but once again, this requires harder, smarter and wiser efforts.

so far very few people that I know could get rich from trading but instead so many people i know getting rich from investing, there's reason why there are so many rich people that prefer investing I guess because you are not losing anything even if the market dumps if you are investing in fundamentally good project but you will be losing a lot if the market is suddenly make sudden movement when you are trading since you can't really anticipate that.

I think to be fair, people can get rich from trading indeed, but always remember that there are people with more influence out there and bigger capital that could influence the market, whether we can make profit from it and always winning and making sure that our capital didnt get eaten by some sudden loss then I guess trading might be viable way to get rich.

[LogitechMouse]

~
Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is for everyone, but not everyone can trade.
What I mean is that, not all have the capabilities to trade especially when it comes to financial things because we know that newbies tend to lose money on their first trades because they lack experience.

Should training be for the rich only? A little bit of yes, and no. Rich people can just trade, lose their money, and trade again while poor ones will lose their money especially when they're newbies, and there's a chance that they don't have money anymore. I don't know if there are some traders who started with a small amount of capital and turned out to be successful traders.

Always take note that trading in a demo account isn't the same as trading with a real account because your emotions will be different when doing either one of them. Trading is for everyone whether you're rich or poor, but sometimes, money can be a big factor whether you will become a successful trader one or not.

[uchegod-21]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

"Trade with that amount you can afford to lose". Can the poor afford to lose anything? Obviously,  trading is for those who are financially buoyant and capable. Having just the technical skills is not enough and it is not adviceable to trade with loan money.  It is not a must to trade, if you do not have the needed resources to trade with,  you just have to look  elsewhere.

While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have.

"Start small and grow later" is not applicable to trading. The amount you trade with goes a long way to show you are making a profitable move or just wasting your time. Trade with significant amounts and with your high trading skills, you will see position results.

[fauzan Ichsan]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Actually, it's possible to trade to get rich. However, the process will certainly be different and will not be as easy as we initially imagined. If we only hope to become rich from trading, but on the other hand we don't really understand trading and the effort is just ordinary, then it will just be a dream, not a reality. And this is certain, it is only risky to trade, because without preparation from various sides, it will only make it easier to lose.

It's different if you really do it with good effort, mental, financial, strategic, knowledge and other readiness. and how to carry out trading professionally, so that you can achieve success. does not rule out the possibility, but once again, this requires harder, smarter and wiser efforts.

It is indeed something that can be achieved success through trading, but not many people can do it, there are 3 things that must be considered to achieve success from trading, the most important is psychological, mental strength is the main menu to learn, then there is something called money management , where we must be able to manage our capital and must also master the technical analysis used

[Bitcoin_people]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

There are many people who have learned business for a long time and have enough knowledge but are not able to start it with enough money to start the business. Many people can make good money by trading and many people lose their money by trading only because of their wrong decisions. If a person has minimum knowledge about trading then I think he can definitely earn less and more but understand the amount of money. If you have more words then you can make good amount of profit by trading whereas if you have less money and start trading with less funds then you will definitely get less profit. People who want to start trading with a small amount of money are often afraid of losing and they tend to think negatively instead of thinking positively. And that's why it's best to avoid those people from trading because it's risky and lose money, so it's best to invest in crypto business it can always make a person rich. And people mostly become rich by investing and they can make huge amount of money just by investing because it is risk free.

[Cookdata]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

It can only be an excuse for people who are finding it challenging to trade, trading is not exclusive to the only rich only but if you have more money, you will enjoy it very well.

Trading is like investment, the more capital you risk, the more profit you are bound to have but again, that depend on your management skills. If you don't have good management skills, the riches can turn poor over night if you don't do well in trading. You need to be well established and knowledgeable about trading whether you have small resources or have big resources.

As a trader, with large capital in spot you will only have large profits depending on your position and with small capital, you can only make small capital depending also on your capital. However, the goal isn't of trading shouldn't be capital alone, you should understand trading very well, with time and consistency the capital will grow into something big.

[Richkiedx]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

not everyone here is rich, others started with knowledge of trading, it's just a poor person like me, my capital was only 1k when I started trading, of course before I started, I studied well first, I used a demo account for practice until I got my own strategy and that's when my 1k grew

[MIner1448]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading does not have to be “exclusively financially comfortable and wealthy.” Many traders started with small amounts and, over time, developed into successful ones. It's important to learn, improve your skills, and take a smart approach to risk. Demonstrating patience and gradually increasing your investment can be the key to long-term trading success.

[benalexis12]

~
Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is for everyone, but not everyone can trade.
What I mean is that, not all have the capabilities to trade especially when it comes to financial things because we know that newbies tend to lose money on their first trades because they lack experience.

Should training be for the rich only? A little bit of yes, and no. Rich people can just trade, lose their money, and trade again while poor ones will lose their money especially when they're newbies, and there's a chance that they don't have money anymore. I don't know if there are some traders who started with a small amount of capital and turned out to be successful traders.

Always take note that trading in a demo account isn't the same as trading with a real account because your emotions will be different when doing either one of them. Trading is for everyone whether you're rich or poor, but sometimes, money can be a big factor whether you will become a successful trader one or not.

It is true and right that trading is for everyone, but the question is: does everyone want trading as we know it here in cryptocurrency? Others like trading, but in their minds, the work of studying here is lacking. That's the problem with others entering the crypto space.

Almost everyone here knows very well that trading is not easy; even in forex, it is not an easy lesson, to be honest. It's not just hype like other traders do; I don't know if those are real traders who say it's easy to make money from trading. which is not the concept.

[Dr.Bitcoin_Strange]

people that are thinking that they are investable because they think they're smart and skilled, they don't know yet how brutal trading is.

Exactly. I believe that before a trader should think about asking people to invest in his trade, he or she might try it out with their own money to still verify how successful their trade could be in the real market before they start to ask others to invest with them. Trading is not always the same on a demon account as when one is trading with real money. Some people trade very well on Demon and make a profit, but on the real account, most of the strategies seem not to be very successful again.

[vs2014]

Newbies crypto users think that crypto can get rich overnight but the amount is small. It is foolish to think that the group of such people is so small that your forehead will be like that. Moreover making money by investing or trading crypto requires a lot of effort and money. In my opinion put away the get rich scheme and make yourself the latest expert so that you can get more or less profit from crypto if you don't lose it. There are many experts who survive in the crypto market with small profits because their losses are almost negligible.

[Distinctin]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

If trading is exclusive for rich people only, then why do we see such poor individuals experience life's big changes because of successful trading. That only proves that trading has no limits or distinctions. Successful trading can both happen to rich or poor traders.

While trading can be a lot more risky most especially to those who only trade with limited amount of money, but if those traders have also developed working skills and strategies for successful trading, then risking in trading is always worth the efforts and risks.

[Captain Corporate]

I have started my trading with just a few bucks, I think it was 20 or 30 dollars. I think people are forgetting that trading is something you can learn and keep learning all your life and keep as a skill forever. Which means, even if you have nearly nothing today, if you learn the skill of trading, then one day eventually if you could save some money, or make some money by chance, then you could start to trade with that money, and you will not lose any time because you are already a good trader thanks to being able to work on that skill. So if you start learning how to trade even if its demo today, and for 6 months to a year you just learn the skill and basic information and trade on a demo, and then after a year you start putting in like 10-20 bucks per month, that still will turn into something, and one day when you come up with some bigger amount, you will be ready to turn that into something huge.

[wxa7115]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is a skill, and while money is required to exploit it to your maximum ability, it is not as if those that are rich are born with the ability to trade the markets, they could be great at a specific business but they can be just as terrible as anyone else when it comes to trading the markets.

And if anything their wealth could play against them, as after suffering big losses instead of giving up for a time and study the markets, they could keep trading until their capital gets depleted.

[Baki202]

Anyone can trade wether you're rich or poor. For me, there is no difference between them but their trading capital. Why? Because they can both become profitable or not profitable in trading. They both need to do backtest or do a demo account. Rich traders don't trade with the same margin as poor traders, they put margin based on what they can afford to lose. The only difference I see in them is their trading knowledge and mindset.

cryptocurrency is a very beautiful innovation that doesn't put segregation on who or who can not trade and a lot of people are trying their best to be part of Bitcoin it is just about trust because even some whales today trust Bitcoin and they are holding some quite amount of bitcoin, once your capital is install then the next thing is to start trading but before anyone starts trading they should not start without not have idea on it because trading is not something you use instincts for. it has a process that must be followed and once one step is missed then that missed step can cost you. The margin of trading is different because all fingers are not equal some people started small now and currently they are big traders.

That's right, rich or poor can be in the trading industry. But most of the traders here in the cryptocurrency business industry are all from the middle class, only a few of the rich are doing trading here. There are still more people hoping to get out of the poverty they are in in life.

So it's not about whether you're rich or whatever your status in life is, as long as you have an understanding of what you're doing here in the crypto space, you can be here, people who are just negative are not welcome here the Bitcoin and cryptocurrency know-how.

when it comes to cryptocurrency you hardly detect the people who hold and use a small amount of money to trade for sustenance, their middle people but at the same time there are rich people and everyone is trying not to put their eggs in one basket, everyone wants more money, and a lot of people in the world population are interested some are serious why others just want to taste and nothing more, and everyone has a choice to trade even with money some will diligently try their best to invest and wait patiently for return.

[justdimin]

It is true and right that trading is for everyone, but the question is: does everyone want trading as we know it here in cryptocurrency? Others like trading, but in their minds, the work of studying here is lacking. That's the problem with others entering the crypto space.

Almost everyone here knows very well that trading is not easy; even in forex, it is not an easy lesson, to be honest. It's not just hype like other traders do; I don't know if those are real traders who say it's easy to make money from trading. which is not the concept.

Unfortunately I have been one of those people for years and that's why I prefer long term holding. Don't get me wrong I am trying to do better and I am trying to make sure that it is going strong, but at the same time I am doing it the right way whenever I can with long term holding as well. I get that people are not at that level right now and we should not be looking into this as all that troublesome, but the situation is different right now and not that big.

I think it is quite clear that we need to make sure that we can find something that will change it and it should be a bit different result, think about it, if you are not entirely certain about the situation then how could you end up investing or trading. So my personal situation is that I try to stay away from anything like that, and just avoid all the trouble, and just focus on how to make some money with long term, and only trade with tiny amounts to make sure I get better one day on how to trade.

[wiss19]

... when you just buy a coin do not panic just wait with patience for the right time to take profit

Well, sometimes panicking is better than holding for too long. Yeah, if you are talking about BTC then perhaps it makes more sense but if you are into trading altcoins and you hold for too long because you don't want to close the trade in a loss, then chances are you will lose it all.

In general, though, I agree that having patience is important because crypto market is volatile and things will always move up and down and you cannot just expect them to go right in the long term.

For the rich, it's easier to maintain their calm because they can afford to lose and start over again but that doesn't mean they can keep losing because even the richest people can get zeroed in no time.

[BitcoinTurk]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

As someone who started trading with a very low capital and then increased my capital steadily, I don't think and accept that an experienced trader cannot trade due to lack of money. Someone with really good experience can make money by trading regardless of the budget amount and increase their existing capital in this way.

For example, although it is quite difficult to earn regular income by trading let's assume that an individual is experienced and knowledgeable enough to earn 100% profit every month. This person may not be able to use 1,000 units of money to trade due to financial difficulties but if he/she uses 100 units of money depending on his/her financial situation, he/she will have 3,200 units of capital only if he/she earns 100% income regularly every month at the end of the sixth month. Yes, although this is something that seems theoretically possible unfortunately it may not be possible when implemented but when it is considered with this logic rather than directly it is possible to understand that a truly experienced and knowledgeable person can increase their capital in this way.

Of course, it may be a difficult process to create capital for oneself depending on one's financial situation or the economic conditions of the country in which one is located but as I mentioned after creating a small capital a truly experienced and successful trader can grow his/her capital in this way by earning small profit margins in the initial stages. I wrote this comment as someone who seriously increased his existing capital in this way and I think that anyone who is experienced and successful can achieve this.

[Vaculin]

If trading is for the rich, then did you mean investing as well? If that's the case, then I should have pity those poor individuals who are capable to trade but don't have sufficient funds to finance trading. But thankfully, that is not the case. Trading is obviously both for rich and poor, but the more that you have gained adequate knowledge and honed skills and strategies for trading, the higher the advantage you will be successful in trading. Although being financially stable is also crucial because you have the chances to keep on trading despite of the losses, but I believe good trading performance always makes an edge in trading.

But one thing is certain, even if you're rich and financially stable, as long as you suffer from consistent losses in trading without chances to gain decent profits, then think a lot of times, probably trading is not meant for you.

[Tigerheart3026]

i don't see any discrimination here because it's a open for all of like who is poor or rich that's doesn't matter.
it's not an easy for a rich person if no trading experience, on the other hand a poor person can start trade with small money if experienced,
so it's depend on poor or rich people, here knowledge and experienced is more important. 

[Essential10]

Trading requires a combination of knowledge, experience and discipline. It is not something that can only be bought with money. However, it's not about how much money you have, but how well you can navigate and understand the intricacies of the market. I think trading is not limited to any class, but it requires knowledge, determination and understanding how to trade properly. It's a way to make quick money, but there are always risks and challenges. Regardless of how much money you have, trading can be a viable option for earning profits. Ultimately it requires hard work and a willingness to learn from success and failure.

[shushu9977]

Those who have traded long time in market or demo market account. They have much experience. If they have not money for trading, then it is sad to them. By the way, if you have little money and invest in market, then you should not afraid of losing money. you should keep learning and analysis the market. Go ahead and make money.

[CRAIC]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is for everyone. Otherwise, low liquidity results

[bitgolden]

... when you just buy a coin do not panic just wait with patience for the right time to take profit

Well, sometimes panicking is better than holding for too long. Yeah, if you are talking about BTC then perhaps it makes more sense but if you are into trading altcoins and you hold for too long because you don't want to close the trade in a loss, then chances are you will lose it all.

In general, though, I agree that having patience is important because crypto market is volatile and things will always move up and down and you cannot just expect them to go right in the long term.

For the rich, it's easier to maintain their calm because they can afford to lose and start over again but that doesn't mean they can keep losing because even the richest people can get zeroed in no time.

That's definitely a clear difference I would agree without a doubt. If you are holding bitcoin then I agree that there is no "held for too long" because the longer you hold it the more money you will make, and of course there will be periods when it goes down during the bear market but that doesn't change the fact that you are going to make a great amount of profit with it given enough time.

I think it should be a bit of a bigger deal to handle all of this when you know what you are doing, and that is why it's clear that people should be aware of their own talents. I get that it may not be simple for alts, and yes there are few good ones like ETH for example, but when you are holding those, that might become an issue and you should get out at the right time. Bitcoin and every single alt will be different in that regard, holding alts for too long may cause a lot of trouble for a lot of people and they should be careful on what they are doing.

[khiholangkang]

Logically, if I am financially comfortable or rich, I will not waste time trading.

There are no rules in trading that are only permitted for rich people, or solely made for rich people to increase their wealth in trading, it doesn't exist at all, behind the scenes we don't know whether people are rich or poor when carrying out trading activities and there is no confirmation. also that rich people have more advantages in trade.

It doesn't matter whether you are rich or poor, everyone can access trading, but they must have good personality fundamentals, I saw my friend doing trading activities with initial capital of $10, until now he can make thousands of dollars in one month, but the process is not easy, you have to crawl and don't be greedy.

[Finestream]

Certainly not. Trading is for everyone, although not everyone is capable to trade. However, we can't deny the fact that rich people have the advantage in trading because they have all the opportunities to trade again and again to perfect their trades despite of the inevitable losses, while leaving poor people limited funds to trade because of their poor financial status.

Apparently, trading is fair with both poor and rich. But if you have higher experiences with trading in the market, most likely you will gain best results in trading while leaving those novice traders struggling to win their trades.

[|MINER|]

If you ask me that question then my answer will be no trading is not only for the reasons rich persons. But I will also say that trading is not for everyone. So here a question must come that crypto trading is for which persons? There was an easy answer that is trading is for those peoples who have knowledge about trading. There are many people who went into trading without knowing well about trading and without doing proper analysis and later faced huge losses. And finally many of them spread various fuds about trading by admitting their mistakes less to people in different ways.

[passwordnow]

Gambling for the rich, trading for the rich, maybe an unpopular opinion we'll see is about malling is for the rich and even eating delicious foods are for the rich? This is the reason why we always see inequality in our society and it's more favorable to those who have money. Because we think that it's always available for the rich but not for the poor. I'd believe that when someone say that they're poor, they literally are poor and have no money at all.

But do you believe that they're going to stay on that situation forever? While I do get that someone might just struggle for having no money and wanting to get into trading. However, let's not make it that the poor has always been unfortunate at all especially on these matters that requires money. If someone who is poor and really wants to get into trading, he'd do something about it.

He'd grind himself maybe for so long and save money as a start. Although I don't advise people to do that immediately because he'll just lose it for his first tries. But someone who would do that will never experience and learn the lesson. The point is, the rich and the poor have the same opportunity in trading but, as starting out and for lasting, the rich has got themselves cover while the poor has to grind and no one stops the poor from trading.

[Yamifoud]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

It is just to note that some of us have some limitations as well. I don't say that trading is for rich people only but it was just for those who were capable enough to spend and lose their money. It is important to understand that trading is not for everyone, why force ourselves into something that we are fit for it? For poor people, the only way to get in and start trading is to have some savings as well before we start at least we have some backup money. It is not impossible on their part as long as they will find a way but not in the way of taking loans.

[Rockstarguy]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading can't be only for the rich, anybody can start trading it does matter if the person is rich or poor. Their is no specific amount to start up trading, people can decide to trade with any amount they can afford to lose. The money you can use in starting trading doesn't really matter. What is very important in trading is understanding,  when people learn trading very well and understand it, it is very possible for profit to be made no matter the amount they use in starting the trading. Understanding is the most important thing in trading and not the amount to be used for trading,  without understanding even if bog money is used in trading it is possible for one to lose all the money.

[shinratensei_]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

It is just to note that some of us have some limitations as well. I don't say that trading is for rich people only but it was just for those who were capable enough to spend and lose their money. It is important to understand that trading is not for everyone, why force ourselves into something that we are fit for it? For poor people, the only way to get in and start trading is to have some savings as well before we start at least we have some backup money. It is not impossible on their part as long as they will find a way but not in the way of taking loans.

but still its gonna be hardship for many people that are not necessarily rich or even below the middle class earning since trading peanut amount means you only get peanut profit which also means that you are quite literally just wasting your time.
this is why sometime trading preferable for those that already well off since they usually have bigger capital than the general population though indeed even the poorest people could start trading by saving but then again would they have the adequate skill if they rarely exposed with the real world practice of trading since their capital is kinda low? i don't know about that but I guess when even people with well of economic situation are struggling making profit with trading other might also find it difficult to make profit because we all know that making money by taking advantage of margin sometime just really hard to do.

[Patrol69]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Effort is the most important thing for a person, if there is effort, even a person who is not financially well off can succeed in Bitcoin trading. Start small scale business and slowly try to take that business to big scale. It is not written in any business rule that you have to start a business with a large amount of money, but if you have an idea about business, then you can get success in business even by starting a business with a small capital. You say many people can do business in Bitcoin because of money but I have seen many Bitcoin traders who have sold their hobby or given up their hobby to invest in Bitcoin. You have to sacrifice something to get something, you don't have money to trade but if you don't sacrifice something then you are not perfect for business.

[Timmzzy]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is basically not for the rich alone, one thing i came to realized in this trading aspect is that, you need a backup source of income, lets say you know how to trade the market yeah, now you should have a backup business that will support you financially even if trade doesn't work out for your lets say your analysis keeps being the one thing that makes you loose money to the market, now that backup business you own separately can help you recover from the loss mentality. even if its not business tho a back up job that will do because yeah trading involves money, lucky enough those with the SILVER SPOONS in their mouth are the ones who gets not to lament or worry too much when they have losses in the market.

[adzino]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

It is not for the rich. It is for anyone that can afford to trade. As long as you have some money lying around, you can use it to trade. But never risk the money that you will need, because since the crypto market is unpredictable, any wrong move or event might cause you to lose all your money. There are people that does full time trading as their 'main" source of income, but I am sure they always have a backup plan to pay their bills. So trading isn't exclusively for the rich people but for those that are financially stable.

[Mate2237]

If they really want to trade there is no big deal there, if they can affordable 10$ then they can use it to start real account trading but I must tell them. Practicing with demo account is different from using a real account so they should not use big money at first in the real account, but they should use small amount to still practice from the real account before going into deep.

Many people have done this mistake plus me. We thought that the way we trade in demo accounts were the same way can be used in real account but it soak us. I lost a big amount of money. And it pained me. So I don't advise new traders to just start with big amount but small to still test your skills.

[bayu7adi]

Exactly...trading require some money to start it, but you don't have to wait until you're rich to begin trading. People with ample disposable income still have the right to trade, but they have limited opportunities for the purchases and sales they make. The amount of money you have doesn't really affect the percentage of profit when taking gains, but it does impact the total amount earned.

Imo... its not bad for anyone who wants to learn trading and start trading with the money they have, even if it's limited. As you gain experience and master the skills, you'll level up over time when the money you have grows with the help of your trading activities.

Controlling small amount of money into then to be large sum of money is an economic success, so never be afraid to enter trading even with just a small amount of money. The important things is how to make this money growing.

[gabbie2010]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Alternatively if those people can switch to forex trading instead of crypto trading there are Prop firms in forex trading where learnt traders with just some few dollars can purchase a challenge account usually in $5K, $10K, $15K .... $100K where they are expected to pass a challenge of earn 8% profit to pass stage 1 and 4% to pass stage 2 thereafter profits earned would be shared between the trader and the Prop firm in ratio 80:20 I think this is the best way a very good trader can test their ability and mettle, I believe this means is better than trading with a very high leverage in cryptocurrency trading because of the high risk.

[AicecreaME]

Trading is for the people who are risk takers, that has strong will, for them to do whatever it takes just to pursue the trading career they wanted.

It's not for the rich only, I believe it depends on what kind of person are you. Most of the newbie traders thinks that a little capital means little profit, and they don't want it, and that's wrong. No matter how big or little your capital is, as long as you're making profits most of the time, that's what most matter. In no time, eventually your profit will make your capital big, and that's where your big profits will start.

Don't be discourage because of how little profit you could accumulate at the start, trading is not a race, race at your own phase until you get where you wanted to be.

[tjtonmoy]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Well here's the thing. The first rule of trading is to put the money that you can afford to lose. Now what does this mean? Is it that only the rich has the ability to lose money? Well no! That's not the case. If you earn $100 per month and your monthly expense is only $50, you can obviously use the rest to either save or do something else. Imagine keeping $30 to yourself for savings and $10 for other things. You will still be left with $10. You can lose that money and it won't have a huge impact on your daily life. That's the amount we call "What you can afford to lose".

So no, it is not exclusive only to the rich. It is for everyone. If you think the amount is too low, DCA to accumulate more and then use that for trading. It will take time for sure. Why not use that time to master what you have learn for trading?

[Maslate]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Maybe we can say, "Trading is not for everyone".
I know the feeling of difficult when you want to start trading but you don't have any extra funds or have financial difficult.
But for me, it will not be an excuse if you are really willing to trade and start, the demo account is correct, next you can find some money by working some gigs in internet, so you can use the fund you earned to start trading.

If you really want to start trading, even a small capital will do. But never expect that the process will be all smooth as you will surely encounter lots of trading errors and losses at first before you can reap the sweetest profits. While trading is free for everyone, but not everyone is capable to trade successfully. Lucky are those who can easily provide a good amount of capital, and still not getting financial difficulties despite of the inevitable losses.

However, I bet to disagree that trading is for rich only. Its not and it will never be, otherwise poor traders might not be given good opportunities to trade and change their lives not just for the better but for the best.

[johnsaributua]

Between risk and profit, between results or losses, of course, will choose to be big and easy than slow or stuck, demo is getting to know the features and simulation in trading, for me practice is important but not the same in terms of psychology and market segments faced. The difference between the two economic conditions certainly leads to the capital brought and how much is brave to trade.

Small capital can also potentially have profits even by measuring percentage ratios and analysis, of course not talking about multiples of money but accuracy in trading, while even large capital can lose without a trading plan in the entry, session or management of one-time positions, everyone can, for just a few dollars.

I think if there is a serious intention, starting from what we have and what we are good at, capital over time may have a way, and knowledge is a good readiness. practicing patience, calm analysis and capturing opportunities will certainly make trading more fun.

[syedakhlaque]

Trading is a difficult and laborious business. It requires attention, study and experience. Earning through trading is an attention-grabbing task. It is possible to earn very well through trading. But there is also the possibility of loss. The question is whether you can become rich through trading. Or not.
So the current situation is that the richest class in the world belongs to the traders & businessman. And trading on the internet is one such field that a person of every walk of life can do it. Bitcoin and crypto trading can be done with very little capital. Even students, women and old and retired people can do online trading. And can be rich too. Online trading has a lot of fun.

[Bushdark]

Trading is a difficult and laborious business. It requires attention, study and experience. Earning through trading is an attention-grabbing task. It is possible to earn very well through trading. But there is also the possibility of loss. The question is whether you can become rich through trading. Or not.
So the current situation is that the richest class in the world belongs to the traders & businessman. And trading on the internet is one such field that a person of every walk of life can do it. Bitcoin and crypto trading can be done with very little capital. Even students, women and old and retired people can do online trading. And can be rich too. Online trading has a lot of fun.

Trading is for everyone that are ready to learn how to trade and make profits from the market. We need to learn first become we come and say we are traders. Many people that come here to write one thing or the other are not even traders but will be the first to tell people what to do as a trader forgeting that trading is difficult that what we even think of it could be. Those traders that had been trading for a very long time can attest that trading is more of logic that even strategies. We need to have comprehensive understanding about the market first before we think of trading and analysing the market.

[lixer]

i don't see any discrimination here because it's a open for all of like who is poor or rich that's doesn't matter.
it's not an easy for a rich person if no trading experience, on the other hand a poor person can start trade with small money if experienced,
so it's depend on poor or rich people, here knowledge and experienced is more important. 

When we use the word poor, we generally mean a person who doesn't have money, or even if they do, it's only enough for them to get some cheap food at least once or twice a day and when a person is in that state, you can't expect him to have money saved up that can be used by them to do cryptocurrency trading, because a poor person can never have savings and one can only do trading if they have all their expenses covered and still have some money that they can use for it.

So, technically, a person who can manage to have at least some savings, even if it's not a lot of money, cannot be categorized as poor, they can be middle-class or something because they get all their essential expenses covered, and then may still have a little money to add into the savings each month and after some years, those savings can be used on something useful.

[Adams0001]

Trading is for the people who are risk takers, that has strong will, for them to do whatever it takes just to pursue the trading career they wanted.

Exactly Trading is for people who are willing to lose money at any time, he doesn't mean anything about the rich or poor, anyone can do it if they are willing to take the risk because in trading you need to put your mind that you can lose money at any time, so even the rich people who trade lose money, it is just about knowledge and practice that make someone succeed in trading, he doesn't mean you need to be rich before taking risk in your life, because you don't know the risk you take can change your story one day, He is just that the poor can't risk more than the rich because they say you should only invest what you can afford to lose, so even the poor start with small amounts am very sure one day he will benefit from it, he just need to be patient and believe in yourself and you will achieve your goal on it, since I don't have much knowledge on trading and I still believe one day I will get what I need.

[Marvelman]

Exactly Trading is for people who are willing to lose money at any time, he doesn't mean anything about the rich or poor, anyone can do it if they are willing to take the risk because in trading you need to put your mind that you can lose money at any time, so even the rich people who trade lose money, it is just about knowledge and practice that make someone succeed in trading, he doesn't mean you need to be rich before taking risk in your life, because you don't know the risk you take can change your story one day, He is just that the poor can't risk more than the rich because they say you should only invest what you can afford to lose, so even the poor start with small amounts am very sure one day he will benefit from it, he just need to be patient and believe in yourself and you will achieve your goal on it, since I don't have much knowledge on trading and I still believe one day I will get what I need.

You're absolutely right - trading success isn't defined by wealth or background, but by persistence and a willingness to learn.  Even veteran traders face losses on occasion.  What matters most is analyzing your mistakes and continuing to push ahead undeterred. 

I agree that with dedication, anyone can find success in the markets.  It may demand patience and time to hone your abilities, but if you commit to continuous improvement you can undoubtedly accomplish your trading objectives and  the path won't always be smooth, but by regularly evaluating and upgrading your skills, victory awaits.

[Volimack]

There is no such thing as rich or poor when it comes to trading. All investors know that there are risks involved in trading. Trading is for everyone if you can take the risk. There are many traders who are afraid of losing and it is better to close their trade. There are many rich people who have a lot of money but have little success in business. But the poor man wins big with little and experience is needed here. The poor man succeeds if he is skilled in the market.

[GigaBit]

No business can be started without money. Again, if you have only money, you can start a business, but there will be no success if you have knowledge. A combination of knowledge and finance is required, especially in investment-related businesses. It is not possible to run this business with just money or just knowledge. Here finances have to be arranged and risks have to be taken. Most of us in the trading business think that it is a get rich scheme. Where investment and trading will be profitable. Trading is not an easy task in reality. It requires a good knowledge of investing as well as trading and a common factor is that there is risk involved. It would be suitable for those who choose trading to get rich if they are well equipped in terms of money and knowledge.

[alastantiger]

I kind of agree that trading should be for the rich though not entirely for this reason. If you have just 200 dollars in your trading account, it will be difficult to make a lot of money from it than if you have $500k or a million dollars. For traders who are not rich, it means that they need to focus on building up their income level to be able to trade higher volumes. But for rich, it will easy for them to increase their trading capital than for the trader with lower capital.

[Japinat]

Trading gives advantage to rich people because they have the capability to trade consistently despite of the losses they will gained, that way they can improve their performance level and make them successful traders in the end. However, for poor traders, it would be hard for them to finance their trades especially if they are only earning minimum amount, but if they have the skills and long experience in the trading market, then they will have the edge to win their trades despite of a small capital.

Trading is open for rich and poor, but to be honest, there's always high advantage if you have the huge capital to finance your trades because that will also mean massive amount of profits as long as when you trade with skills and expertise.

[Mr.right85]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Asking this sort of question brings the idea of,
Let the rich get richer and the poor get poorer.

Means of making money aren’t exclusive to the rich but then, the poor with a good trading idea or even in business could as well start small or what they’ve got. You’ve got to find means to over come your challenges. If finance is that means, you could find a way to get funded. Information is what you take you where you need to be and you could as well sort that out.

In recent times, we’ve have more ETF platforms coming out of the blue to give traders without capital but have got the necessary trading skill and experience to do put it to work and profit off it in a win - win partnership situation.

If you think your good enough, you could try that and have your trading monitored.

[Xampeuu]

Trading gives advantage to rich people because they have the capability to trade consistently despite of the losses they will gained, that way they can improve their performance level and make them successful traders in the end. However, for poor traders, it would be hard for them to finance their trades especially if they are only earning minimum amount, but if they have the skills and long experience in the trading market, then they will have the edge to win their trades despite of a small capital.

Trading is open for rich and poor, but to be honest, there's always high advantage if you have the huge capital to finance your trades because that will also mean massive amount of profits as long as when you trade with skills and expertise.

Trading with large capital is indeed more profitable, the profit target is a small percentage but can be used as living expenses, and this will be easier to manage psychology, considering that we can trade in a relaxed manner. Another thing is if we trade with small capital, and of course we want to make trading a living, of course this will increase the risk, so many failures are experienced, because the main factor in trading is psychology.

[HONDACD125]

Trading gives advantage to rich people because they have the capability to trade consistently despite of the losses they will gained, that way they can improve their performance level and make them successful traders in the end. However, for poor traders, it would be hard for them to finance their trades especially if they are only earning minimum amount, but if they have the skills and long experience in the trading market, then they will have the edge to win their trades despite of a small capital.

Trading is open for rich and poor, but to be honest, there's always high advantage if you have the huge capital to finance your trades because that will also mean massive amount of profits as long as when you trade with skills and expertise.

It is a fact that the higher the capital, the better the business can be done, but it is not necessary to start the business with a large capital, even with a small capital, you can earn a good profit. If everywhere only people with large capitals do business, then the lesser capitalists will never stand a chance.

Skill and expertise are very important in any trading whether you have more or less capital because in both cases you are bound to lose. There are people who have started trading with less capital and with their hard work and dedication they have turned the small capital into a big one. However, you are right that experience is very important, because this is where the first rule of trading starts.

[crwth]

The thing to emphasize with this is the amount of money a person is trading, fully knowing and accepting to lose. Everyone should be aware that trading, whether it's cryptocurrencies, stocks, currencies, etc., there's always a risk and there's no assurance for that. So before going in to the investment, there should be an acceptance that you can lose money if you make the wrong decision.

If you are talking about the capacity or volume you make per trade, that's a different discussion.

[Mame89]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

To be more precise, maybe trading is not for everyone, I mean trading is not a problem for rich people or not rich people but more precisely for those who already have the skills and skills in reading charts and of course are mentally ready. Because without this, even rich people will lose money in trading.

Of course, trading is never smooth, sometimes things don't turn out the way we expect, so we need a strong mentality and always learn from mistakes. If we can control this, maybe our trading will produce good results in the future. A small income for trading is not a problem, because we have many strategies that we can apply, such as using the dca strategy, regardless of our income, we can trade. So it could be said that trading is exclusive to those who have basic knowledge in trading.

[I_Anime]

Yeah true that you need good funds to start trading, But what you literally need the most is the knowledge too. Most people have the funds but also lose it all because of lack of knowledge about trading. So even though you don't have the funds now don't stop the learning process as you learning also try and find way you can use in gathering funds. like daily jobs or even some online jobs too. So trading not just for the rich nor the poor alone trading are for those who are determined to achieve their goal no matter the obstacles they may face doing so. But One thing I know trading is not for the weak

[Pandu Geddon]

Yeah true that you need good funds to start trading, But what you literally need the most is the knowledge too. Most people have the funds but also lose it all because of lack of knowledge about trading. So even though you don't have the funds now don't stop the learning process as you learning also try and find way you can use in gathering funds. like daily jobs or even some online jobs too. So trading not just for the rich nor the poor alone trading are for those who are determined to achieve their goal no matter the obstacles they may face doing so. But One thing I know trading is not for the weak

it's because they mismanaged their finances for trading. if they are aware that they are a beginner in trading, of course they will try with some small money to practice some of the skills and strategies that they already understand.
However, we cannot avoid losses when learning to trade. Therefore, always start small and don't rush to get big when you are a beginner.

[Mauser]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

No, of course trading should be for everybody and not only for the rich. When it comes to trading and investing it's true that rich people have much more resources and capital to use which gives them an advantage. But, if we never start to trade ourselves, how are we going to get out of our problems and become rich ourselves one day. For me there are only two real options to accumulate money and reach financial freedom, first win the lottery or be lucky in gambling, second start trading and build an investment portfolio that is growing over time. It makes almost no sense to have a savings account at the moment, because inflation rate is more than double the savings rate and we would just be losing wealth over time. Also, trading doesn't really require us to have a certain minimum amount of money before we can start trading. Anybody with a few hundred USD can just start trading and make some money. That is also why knowledge and experience is more important than having money alone. A good trader will always be able to build up a big portfolio over time through his trading profits, whereas someone who is a bad trader but has a lot of money will eventually lose most of his money in trading.

[libert19]

One can start trading with $100, risk $5 per trade with 5x-10x leverage, that's decent amount per trade and it doesn't require one to be wealthy.

[Fuso.hp]

If trading is done properly then it is definitely possible to improve one's financial condition through trading. One needs to first gain adequate knowledge about trading and learn to understand the market. When a trader understands the market, he starts trading with less money, but later on, he can gradually convert that less money into big money and gradually he can change his financial condition, but in this case, he must spend a long time in trading. For those who have enough knowledge about trading but are unable to trade because of money, I would tell them to never give up because money will come to them at some point and at that time there should be no harm in starting trading. First you need to understand about trading, then you need money. When a trader trades in two combinations, he will get 100% success by trading.

[cafter]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

trading is not for everyone but not in financial point of view, because while entering in trading the person should deposit money in account thinking that I will going to lose it all.
by this thinking he will not trade emotionally and will be able to take better decsions, but the profits will be less if he earns less and able to allocate to trading is small amount. it not determine that trading is for rich people.
if he try to learn trading and knew his edge then he can make huge profits with those small amount by compounding.

[fullhdpixel]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

The question is self-contracting I feel like.

If you are rich enough to not care about losing money through trading, then you don't have to trade in the first place.

This question actually falls under bankroll management because no matter how rich or poor, you must know how to manage your capital and how much your trade size and risk appetite should be. Even if you have a million dollars and you don't know how to utilize the capital efficiently, then you will likely end up losing all the money.

[Hypnosis00]

If you have money to trade, it doesn't mean that you are rich already, it will just mean that you have the desire to trade and make money from doing this. Because if I am a rich person, I don't need to trade anymore and get involved in stressing life being a trader instead, I use someone to manage my money and do the trade. Or, I spend my money on something that will assure me to earn unlike trading if we don't have the knowledge and skill, we only just lose. Of course, even though we have money, I don't think we just let this happen. 

[Mate2237]

No, of course trading should be for everybody and not only for the rich.

Yes trading is for all but the rich has more advantage than the poor. And why I am saying that is because in trading the more you add more in the trading the more profit you make. And if the trading capital is big then your profit will also be big. And the poor can not afford the amount of $1,000 at once for a trade and the rich can provide $3,000 for a trade and make a good profit from it.

Trading with small amount will never profit you so the rich know like that and they trade with huge amount and get it done with big profit.

[lienfaye]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Anyone can trade as long as you have knowledge about it. However not everyone are able to profit and succeed in trading. Because it's not easy as it seems and one should know how it works and be aware of the factors that a trader must know in order to minimize the risk of losing money. The advantage of a rich traders are, they're not affected for sudden loss and still able to trade again since their capital is not limited. Losing is inevitable in trading sometimes. So if you're a kind of trader relying solely in your profit in trading then worst case happened, it will probably hurt you financially.

[Dr.Osh]

not really, however the trading limits are not that big. In fact, with just $10, you can trade. It all depends on the individual who will trade. Sometimes they have money, but are afraid to take risks, on the other hand, there are people who dare to take risks, but don't have the money. This is quite common in the world of business and investment. Sometimes, people who dare to take risks want to start big. However, if they really believe they can make a lot of money from trading, then they can start from a small number if they don't have any money. So, I think trading is not just for rich people.

[pusaka]

not really, however the trading limits are not that big. In fact, with just $10, you can trade. It all depends on the individual who will trade. Sometimes they have money, but are afraid to take risks, on the other hand, there are people who dare to take risks, but don't have the money. This is quite common in the world of business and investment. Sometimes, people who dare to take risks want to start big. However, if they really believe they can make a lot of money from trading, then they can start from a small number if they don't have any money. So, I think trading is not just for rich people.

More precisely trading for people who are ready to lose, does not mean surrendering, but with a very large risk of course we must be really ready to lose our money when trading.
It must also be underlined when we trade must use money that is not intended for anything. When we are ready to take risks, but we use money for other purposes, it is not wise either. Because when we really lose we will have difficulty covering the money we have used to trade. So indeed this requires proper consideration and decisions.

[cheezcarls]

I do not think it is meant only for the rich. It is actually meant for those people who are ready to lose their money and are aware of the risks involved in this space.

Most of us here starts from scratch in terms of trading cryptocurrencies before they made their own fortunes. For sure, we have experienced many losses and mistakes in our trading decisions but also an opportunity for us to learn and become better in analyzing the trends, charts, etc.

It reminds me of someone I know who only had small extra money to start off with this crypto trading journey. He took time to self-learn more about familiarizing the chart in Tradingview, patterns, candlesticks, trends, etc.

Took him a while until he finally get used to it and start achieving good results in his own analysis but there are times he lost too as there is no guarantees about being 100% accurate.

He doesn’t have much money back then, but took time to learn TA skills by himself overtime and implemented it right away. So we don’t say that trading is only meant for rich people.

[Kelvinid]

not really, however the trading limits are not that big. In fact, with just $10, you can trade. It all depends on the individual who will trade. Sometimes they have money, but are afraid to take risks, on the other hand, there are people who dare to take risks, but don't have the money. This is quite common in the world of business and investment. Sometimes, people who dare to take risks want to start big. However, if they really believe they can make a lot of money from trading, then they can start from a small number if they don't have any money. So, I think trading is not just for rich people.

More precisely trading for people who are ready to lose, does not mean surrendering, but with a very large risk of course we must be really ready to lose our money when trading.
It must also be underlined when we trade must use money that is not intended for anything. When we are ready to take risks, but we use money for other purposes, it is not wise either. Because when we really lose we will have difficulty covering the money we have used to trade. So indeed this requires proper consideration and decisions.

At the moment we decide to trade, we already acknowledge that any time we might lose our money. This means that trading needs money which poor people hardly can afford to have. I won't say this is only for rich people but it is for everyone who can afford to lose and accept whatever happens to their capital. Even if we have money or like to say we are rich but if we don't also have courage and interest in trading, I don't think it makes sense to just lose our money. It was not all about money but it was all about interest and willingness to take risks.

[EluguHcman]

Read with this thread that discusse about "money and ideals being necessary" https://bitcointalk.org/index.php?topic=5476222.msg63253457#msg63253457.

That is just it that there are variety of persons that posseses what doesn't give other necessities but yet incomplete to exhibit or brings to profitable realities about particular goal.

I have Bitcoin investments ideal but doesn't have enough money to accumulate as much but I have a friend who hears about the potentials of Bitcoin to enhance profits to enrichments but he doesn't the knowledge has the money to invest but he wishes to invest there in Bitcoin while I also want to invest more in the Bitcoin.
This is something of the same aim and goal but doesn't posses the required possessions.
So money and ideals are both never when you want to go into trading because knowledge and capital is essential and necessarily compulsory along the lines.

[Rabata]

not really, however the trading limits are not that big. In fact, with just $10, you can trade. It all depends on the individual who will trade. Sometimes they have money, but are afraid to take risks, on the other hand, there are people who dare to take risks, but don't have the money. This is quite common in the world of business and investment. Sometimes, people who dare to take risks want to start big. However, if they really believe they can make a lot of money from trading, then they can start from a small number if they don't have any money. So, I think trading is not just for rich people.

More precisely trading for people who are ready to lose, does not mean surrendering, but with a very large risk of course we must be really ready to lose our money when trading.
It must also be underlined when we trade must use money that is not intended for anything. When we are ready to take risks, but we use money for other purposes, it is not wise either. Because when we really lose we will have difficulty covering the money we have used to trade. So indeed this requires proper consideration and decisions.

At the moment we decide to trade, we already acknowledge that any time we might lose our money. This means that trading needs money which poor people hardly can afford to have. I won't say this is only for rich people but it is for everyone who can afford to lose and accept whatever happens to their capital. Even if we have money or like to say we are rich but if we don't also have courage and interest in trading, I don't think it makes sense to just lose our money. It was not all about money but it was all about interest and willingness to take risks.

Yes, trading definitely requires money. Trading is a very risky financial platform where a small mistake or any action can lead to huge losses. Not trading for those who don't have money or have decided to trade with borrowed money. As crypto trading platform is most volatile than other platforms with in moments anyone can lose his large amount of money in short period of time. For an investor to come to a cryptocurrency trading platform means taking a risk. Although every trade is risky despite of knowing the fact only those who are interested in trading will be suitable to trade.

[jeha2015]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

If we talk about trading there is no age limit and trading is not only for rich people. Anyone can trade as long as they have knowledge about trading, and know the basics of trading, both the profits and risks. This is the most important thing.

It's just that if rich people trade, of course there are many benefits because they have a lot of capital when they experience losses and don't feel stressed. In contrast to people who have limited capital when trading, their soul and mentality are shaken and most people panic. But even so, if we can control everything, both emotions and psychology, calmly, we will be able to make a profit, and vice versa, if rich people don't understand trading well, their finances will be in chaos in the future.

[AnonBitCoiner]

Anyone can trade as long as you have knowledge about it. However not everyone are able to profit and succeed in trading. Because it's not easy as it seems and one should know how it works and be aware of the factors that a trader must know in order to minimize the risk of losing money. The advantage of a rich traders are, they're not affected for sudden loss and still able to trade again since their capital is not limited. Losing is inevitable in trading sometimes. So if you're a kind of trader relying solely in your profit in trading then worst case happened, it will probably hurt you financially.

Not only knowledge but money is also very important for trading so you can trade only if you have money and you have idea about trading. Success and failure are two parts of trading so you will face both because no one win always without facing a single loss. Rich people can use more money as losing of small amount does not effect their economy and also they have so much money that they regularly invest in different businesses and different coins so if they loss in one coins they will definitely win profit in another coins. But poor people have only a single or two chances and if they loss those chances then they start taking loan for trading which is a bad choice.

if someone is financially unstable so they should not trade all the time but trade with that coins which will give you confirmed profit. Also they should remember that all coins are not good for short term trading therefore learn accurately that which coin will suit regard with your income and how longer you can trade as knowledge prior to trade matters a lot.

[Bushdark]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

If we talk about trading there is no age limit and trading is not only for rich people. Anyone can trade as long as they have knowledge about trading, and know the basics of trading, both the profits and risks. This is the most important thing.

It's just that if rich people trade, of course there are many benefits because they have a lot of capital when they experience losses and don't feel stressed. In contrast to people who have limited capital when trading, their soul and mentality are shaken and most people panic. But even so, if we can control everything, both emotions and psychology, calmly, we will be able to make a profit, and vice versa, if rich people don't understand trading well, their finances will be in chaos in the future.

Trading is meant for those people that know how to trade. We can trade the market if we have the skill that would aid us to trade in the market without losing big. We can make trading a full term job if we know to to go about it in a way that we could keep making consistent profits from the market. The market is volatile and for us to keep making profits from the market, we need to learn the art if trading and calm down and learn the skill very well so that the knowledge we have gotten wiuld works for us.

[redsun114]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Anyone can trade as long as you have knowledge about it. However not everyone are able to profit and succeed in trading. Because it's not easy as it seems and one should know how it works and be aware of the factors that a trader must know in order to minimize the risk of losing money. The advantage of a rich traders are, they're not affected for sudden loss and still able to trade again since their capital is not limited. Losing is inevitable in trading sometimes. So if you're a kind of trader relying solely in your profit in trading then worst case happened, it will probably hurt you financially.

It's all about knowledge, as you said, and proper planning. A person who doesn't have a very large capital should plan their trades according to their capital, no matter how small their amounts will be for each trade, that's how you do it, you start small until you learn the things and keep growing, increase your capital over time, and once you have mastered the art and have also got your capital bigger, that's when you can go ahead and start making bigger trades.

People who are rich or have big capital will start with bigger amounts even when they are beginners, that's the only advantage they have because if their trades become successful, they will earn good money even as a newbie which can't be the case for someone with a small capital as they will get a very small amount as profit even if they make a successful trade initially.

But, I don't agree that trading is only for the rich, it's for those who have at least some money and enough will to do it.

[Sanitough]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

You are looking at a single point of view, that is giving an advantage for those rich traders. While this is partly true, but we all know that trading is not limited to any social status, so any individual that is capable to trade is welcome in the trading market regardless of its social status. There are a lot of poor traders who have been living successful lives today because they excel in trading, just like there are rich traders who have been losing a lot today and end up struggling on their finances.

My point of view is that money is not the only key to success, but the knowledge, skills and experience in the trading market matter the most. So I be to disagree with your stance on trading OP.

[pusaka]

More precisely trading for people who are ready to lose, does not mean surrendering, but with a very large risk of course we must be really ready to lose our money when trading.
It must also be underlined when we trade must use money that is not intended for anything. When we are ready to take risks, but we use money for other purposes, it is not wise either. Because when we really lose we will have difficulty covering the money we have used to trade. So indeed this requires proper consideration and decisions.

At the moment we decide to trade, we already acknowledge that any time we might lose our money. This means that trading needs money which poor people hardly can afford to have. I won't say this is only for rich people but it is for everyone who can afford to lose and accept whatever happens to their capital. Even if we have money or like to say we are rich but if we don't also have courage and interest in trading, I don't think it makes sense to just lose our money. It was not all about money but it was all about interest and willingness to take risks.

That's the point, trading is for people who are ready for big risks and can take responsibility for what they do. People with a lot of money will also never trade if they do not have the courage and are not prepared to lose.
The problem is when ordinary people or "poor" people trade to change their fate, because they think trading is one way to make them have a lot of money. That is a big mistake, and it still happens in the field, they think trading is easy and they make this a shortcut to get rich.
Instead of the money they will get, they will be even more ruined because of this.

[bettercrypto]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Why did you ask that? There are rich traders who don't really have extensive knowledge of trading, and then there are others who are not rich but have extensive knowledge of trading. There are such types of traders in this field of crypto business; even in this age, there are still such.

So that means, as long as you know how to do proper trading, you can be in this field, because trading here in cryptocurrency or Bitcoin is open to anyone here as long as they know what they are doing and what they are not doing. It is looked at as a gamble that you can only get lucky from it if it is not designed that way.

[Zoomic]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Why did you ask that? There are rich traders who don't really have extensive knowledge of trading, and then there are others who are not rich but have extensive knowledge of trading. There are such types of traders in this field of crypto business; even in this age, there are still such.

So that means, as long as you know how to do proper trading, you can be in this field, because trading here in cryptocurrency or Bitcoin is open to anyone here as long as they know what they are doing and what they are not doing. It is looked at as a gamble that you can only get lucky from it if it is not designed that way.

So what then happens if you know how to trade but do not have the needed capital to trade with, will you take a loan? Just knowing how to trade is not enough,  you must have all it takes to trade, including money. Yea! Your financial status really matters when it comes to trading.  I hear people say,  "you can start with the little you have and it will grow", hmm, let's not just deceive ourselves, you might not even see results if you trade with very small capital. The most you can do is to keep practicing with the demo account till you you get enough capital to trade with.

Is it adviceable to trade with borrowed funds? No no because trading is a very high risk investment, anything can happen. The golden rule is "Trade with amounts you can afford to lose". Can you afford to lose the money you borrowed?
Trading is obviously not for everyone.

[Bushdark]

Trading is for people that can endure  the market present reaction we still keep holding and trading. We need to be logical and don't think that the market is just for the rich alone. Even the rich can lose in the market and we know that there loses are always big compared to what an average person could lose in the market. Sometimes not having enough funds can limit our winnings in the market so we need to decide to concentrate and focus on what we keep giving us profits.

[irhact]

So that means, as long as you know how to do proper trading, you can be in this field, because trading here in cryptocurrency or Bitcoin is open to anyone here as long as they know what they are doing and what they are not doing. It is looked at as a gamble that you can only get lucky from it if it is not designed that way.

Trading isn't gambling, gambling depends on luck but trading depends on what you know about trading and experience. Any individual can become a trader, trading isn't just for the rich, trading is for every individually that have interest in trading. The rich are just having more money so if they learn trading very well and with their money they can make more profits but the poor individuals can build their account and get to the level of the rich too from the profits he made from the past trades.

Any individual just depending on luck to trade won't make any profits and they'll lose all their money very soon. The market doesn't consider you to be a newbies therefore it'll go easy on you. If you're ignorant, the market will make you lose everything you have. If you haven't studied trading well and have practiced with a demo account and a live account with smaller amount of money, to get use to the market don't trade with bigger amounts.

[RockBell]

Trading is for people that can endure  the market present reaction we still keep holding and trading. We need to be logical and don't think that the market is just for the rich alone. Even the rich can lose in the market and we know that there loses are always big compared to what an average person could lose in the market. Sometimes not having enough funds can limit our winnings in the market so we need to decide to concentrate and focus on what we keep giving us profits.

Doing both is the greatest option. There is nothing inherently wrong with trading or holding, but holding is safer, and the aspect of trading depends on the manner of trading you employ. That is how you make money from bitcoin; exploit little opportunities to make more money. When you buy to hold, you can keep it for a very long time, and trading can be when the price is low, you buy, and when it is high, you sell, and you will always make money regardless of the market condition.

The  market does not select who will lose or not. So either rich or poor will still lose. And little funds can not give you much profit. But it is better to have knowledge before starting.

[bbigtart]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

In my opinion, traders are not only owned by those who have a lot of money, anyone who has more money and can afford to lose that money can become a trader. What is exclusive, in my opinion, is that a trader must have sufficient knowledge about traders, not about who has a lot of money and who doesn't.

Because even if they have money but without knowledge about trading, it will be useless, they will experience losses. Indeed, those who have a lot of money are usually mentally stronger because when they experience a loss they will not panic because they still have more money. This is different for those who have minimal funds, of course they will be mentally and psychologically disturbed when trading.

In short, there is a sense of security for those who have a lot of money and those who have little money, but what really matters is the knowledge about trading and the strategies used.

[Ben Barubal]

More precisely trading for people who are ready to lose, does not mean surrendering, but with a very large risk of course we must be really ready to lose our money when trading.
It must also be underlined when we trade must use money that is not intended for anything. When we are ready to take risks, but we use money for other purposes, it is not wise either. Because when we really lose we will have difficulty covering the money we have used to trade. So indeed this requires proper consideration and decisions.

At the moment we decide to trade, we already acknowledge that any time we might lose our money. This means that trading needs money which poor people hardly can afford to have. I won't say this is only for rich people but it is for everyone who can afford to lose and accept whatever happens to their capital. Even if we have money or like to say we are rich but if we don't also have courage and interest in trading, I don't think it makes sense to just lose our money. It was not all about money but it was all about interest and willingness to take risks.

That's the point, trading is for people who are ready for big risks and can take responsibility for what they do. People with a lot of money will also never trade if they do not have the courage and are not prepared to lose.
The problem is when ordinary people or "poor" people trade to change their fate, because they think trading is one way to make them have a lot of money. That is a big mistake, and it still happens in the field, they think trading is easy and they make this a shortcut to get rich.
Instead of the money they will get, they will be even more ruined because of this.

   You're right, trading is not made just for rich people; in fact, many of us have prospered because we are traders who started from being simple people or just poor, but because we worked hard to study and learn about trading and accumulated assets or profits from this trading in the crypto space.

   That's why, as long as you have determination and broad ideas or knowledge, you are always welcome in this field of the crypto trading industry. There is even a chance that the poor have deeper knowledge compared to the rich, although the difference is only in the level of money they have.

[tbterryboy]

Trading is for people that can endure  the market present reaction we still keep holding and trading. We need to be logical and don't think that the market is just for the rich alone. Even the rich can lose in the market and we know that there loses are always big compared to what an average person could lose in the market. Sometimes not having enough funds can limit our winnings in the market so we need to decide to concentrate and focus on what we keep giving us profits.

Market is definitely controlled by the rich, whether they are earning or losing money is a separate story. I think trading is for everyone and not just the rich but it's certainly harder for the poor because you don't have much room for mistakes.

If you have a huge bankroll then you can afford to make some mistakes and apply various strategies to see which one works best for you but if you don't have a big bankroll then firstly your trade size is small which limits your profits and emotions also come into play. But hey, with the right mindset and proper execution, I have seen riches going to rags and vice versa. Some people bought Bitcoins with just $100 in 2010 and are now millionaires while are people losing millions of dollars to trading every day.

[2Pizza410000BTC]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is not possible with only money. Trading definitely requires experience and strategy. But money is definitely needed. If you don't have money, you can't participate in the trading platform. Just as having money is important, so is having trading experience on a trading platform.

[Zigabel]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

If trading is for the rich then trading shouldn't be making people rich , there are people who were poor before they ventured into trading and after the started trading their lives changed for the better and they can say that they have become rich trading and so it's proven that trading gets people rich so it's shouldn't be seen that you must have money before you start trading, the difference between those people who are still trading and those who left because they don't have money to find their skill is basically lack of information. If you know and trust your proficiency in your trading skill I think what you need is a partner or let's say an investor and you trading journey becomes a reality or better still purchase a propfirm and trade excellently and make money from them.

There are other ways to build a good trading portfolio without breaking the bank, you don't need huge capital, if you have learnt well and have good skills trading then explore any of the following, purchase a propfirm, sort for an investor or sell of a property and use the money to start when you become profitable you can replace it.

[Romeotom]

Actually after learning trading everyone start trading more or less but very few people who get good profit from trading. Some traders run away with the thought of getting rich, which leads to heavy losses. I find it really difficult because I have been researching trading for the past few years and I have lost a lot of money. You can call trading as a hobby because it can make people rich in one way.

[Nrcewker]

There is no class or status defined for trading. Trading is basically a surviving skill. If you excel in it then like any other skill you will make good amount of money. This is my point of view. A small worker who regularly trades with 20% of his daily earnings is making more money than a rich person who is trading daily with huge capital. The money, the bankroll doesn’t matter at all. The skill and the risk management is the one which every trader should learn.

[kojektea]

Actually after learning trading everyone start trading more or less but very few people who get good profit from trading. Some traders run away with the thought of getting rich, which leads to heavy losses. I find it really difficult because I have been researching trading for the past few years and I have lost a lot of money. You can call trading as a hobby because it can make people rich in one way.

what you say is quite true, because many people think that by trading they will get extra money, there are lots of triggers for beginners who get caught up in trading, see people's big profits and become tempted, and there are some expert people who make trading their daily job, of course that's with sufficient skill, I personally would rather buy and hold it for the long term rather than having to force a trade

[Miles2006]

It's not all about rich and poor the main issue is you should be financial ready to trade and not the kind of trade you trade and you still lack money, people with the knowledge and no money there's always chance to work and earn then come back to trade and that's what every one does, it just depend if the person is interested to trade after earning.
I think this is one of the strategy wealthy men use and they focus less on the market but when it comes to the ones that can't afford regular money to trade they always find it difficult and scared not to loss, in my opinion you can always work to earn and come back to trade.

[Hamza2424]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Yup, the portfolio does matter, but trading is not only for the big whales even with a small portfolio you can trade and earn for the profits you know the smaller the portfolio the smaller the returns, and vice versa.

Now moving to the point the person who has, good trading skills should not wait for the big portfolio to enter, he should try to make the big portfolio using his skills.  

[Xxmodded]

Personally not wrong dreaming with some one trading as solution for the rich but its not promising yet when focus on trading you will get quick way to be rich person, prefer with trading skill beside you have much capital will support way to consistency earn much profit in daily day or want to trade as short term way. I think all trader have motivate to be rich when trading their money in cryptocurrency, but need balance with skill and ambition want to raise in the future as motivation keep consistent in trading for earning much money and change their financial condition becoming reach person in the future.
Many aspect have to learn if want to be rich with trading, control emotion well and not greedy when position of trading earn profitable don't doubt for selling when earn small profit than keep hold it.

[Essential10]

Trading is absolutely risky endeavor and potential for financial loss. Make good judgments between your own strengths and opportunities to take risks. Take into account your situation and financial status, any kind of existence custody. Make sure that you trade only within your profit and loss limits. Grab a solid understanding of the market and a well-thought-out strategy before venturing into the world of trading. It is best to consider starting with a small amount of money that you can afford to lose before risking money. Stay disciplined and avoid making impulsive decisions while trading. Overall, while there is potential for financial gains in trading, be aware of the risks and consider it with caution.

[Yamifoud]

There is no class or status defined for trading. Trading is basically a surviving skill. If you excel in it then like any other skill you will make good amount of money. This is my point of view. A small worker who regularly trades with 20% of his daily earnings is making more money than a rich person who is trading daily with huge capital. The money, the bankroll doesn’t matter at all. The skill and the risk management is the one which every trader should learn.

Trading can be to anyone whether you are poor or rich person. The question is if we really have the knowledge, skills, and passion in trading. Honestly, a lot of people start trading only have a small capital, some become successful while some also fail, this is what also happens to rich people. Although the difference is rich people can't badly feel regret if ever they lose their money but I don't think it is reasonable enough to continue when the results are just losing consistently.

In fact, even in investing, it doesn't mean that it is only for rich people but for those who have an interest and market understanding whether you are rich or poor.

[snowpega]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Dear, i read your post and In my honest opinion if you have not much money to trade so do not put your funds in risk as trading is the risky part and you may lose your funds in trading. If you asking me Start from holding rather than trading at the beginning and hopd only Good projects in Altcoins like Arb, etc etc....

Holding Bitcoin should be your first priority. On the other hand, if you have good trading skill and you know how to trade well to generate good profits, your portfolio also matters here like bigger amount you have bigger you can generate profit. Avoide trading on leverage as it also have higher risk in liquidating your funds. This is my advice other than that you should DYOR Because having financial device from others and taking action with any research can lead you to the risk. I am not saying do not take advice of other but i mean to say that if you are talking advice of other people alway DYOR before taking any action. Many thanks

[boty]

Dear, i read your post and In my honest opinion if you have not much money to trade so do not put your funds in risk as trading is the risky part and you may lose your funds in trading. If you asking me Start from holding rather than trading at the beginning and hopd only Good projects in Altcoins like Arb, etc etc....

What you say is very correct, if we don't have enough funds to trade, it would be better for us to hold a certain amount of crypto according to the funds we have, because if we decide to trade, of course there is a very high risk of losing the money we have if we don't. can do it well.

Holding Bitcoin should be your first priority. On the other hand, if you have good trading skill and you know how to trade well to generate good profits, your portfolio also matters here like bigger amount you have bigger you can generate profit. Avoide trading on leverage as it also have higher risk in liquidating your funds. This is my advice other than that you should DYOR Because having financial device from others and taking action with any research can lead you to the risk. I am not saying do not take advice of other but i mean to say that if you are talking advice of other people alway DYOR before taking any action. Many thanks

To be able to trade, of course you have to have capital and good knowledge in the trade that we are going to do, because if we only have capital and no knowledge, of course we cannot use that capital for trading because we will experience losses in the trade. If we don't have capital and try trading with leverage, of course this has a very high risk of losing that capital even though we already have a good understanding of trading.

Yes, you are right, if we want to trade of course we have to do our own research about the type of coins we are going to trade, because if we follow advice from other people which is not necessarily correct, it would be better for us to do it ourselves and use other people's advice as a reference in our research. what we do ourselves.

[wtsimis]

Investing in any business will not make you rich overnight. Investment techniques and proper timing should be followed by market analysis and investment. After investing you have to wait for a long time for sufficient profit to come from the investment.
How do you invest if you don't have capital to invest? Many learn trading with a demo account. After learning they cannot trade due to lack of money. So I think learning trading with demo account and then earning money from other sectors and then thinking about investing in future. And getting rich should never be monotonous. It may become more risky for you.

[cryptodude]

If a person thinks that investing will make him rich then he is thinking completely wrong. Because you will never get rich if you can't time your investments. You must first acquire sufficient knowledge about the market before investing. Never again have the mindset that you have to be rich.

[Kelward]

Let’s take it like this, trading should be like a business, even if you have the knowledge but no capital you shouldn’t invest, even if you have the capital but isn’t much to start then start small and gain little profits as time goes on and you grow with experience it will expand. If you also have the capital even if it’s excess but you’re afraid you will lose, first advice is to run trading isn’t basically the only thing you can simply just invest or say hold for long and you will still earn your profits. Second advice you should give it a try since everyone starts with a fear and later conquers it

It's true that crypto trading is like every other business that requires capital to start, depending on the business, if the capital is not enough then you'd have to hold on till the startup capital is complete. In crypto trading you can still start with the amount that you can afford to loose, follow useful tips not to lose your money, like having patience and not rushing into making trade, don't be greedy and know when to exit. If you want to start with a sustential amount then invest in Bitcoin, if the price pumps, then you can sale and start trading.

[AnonBitCoiner]

If you want to start with a sustential amount then invest in Bitcoin, if the price pumps, then you can sale and start trading.

Your mentioned strategy is good one that a person don't have enough money then he should invest in bitcoin and with such investment profit he can start trading but I think that trading needs more money and more attention as well as it possess greater risk as compared to investment so why we are wasting our money with trading.

In trading those individuals can be successful who has complete knowledge about trading, has patience and also has more money because trading requires more money than investment. In my opinion investment gives you more profit as compared to trading but  due to quick profit of trading people prefer it more but still with quick profit there is a more risk associated with trading than investment.

[Marvell1]

Dear, i read your post and In my honest opinion if you have not much money to trade so do not put your funds in risk as trading is the risky part and you may lose your funds in trading. If you asking me Start from holding rather than trading at the beginning and hopd only Good projects in Altcoins like Arb, etc etc....

What you say is very correct, if we don't have enough funds to trade, it would be better for us to hold a certain amount of crypto according to the funds we have, because if we decide to trade, of course there is a very high risk of losing the money we have if we don't. can do it well.

In my opinion, if we do not have enough money, we should not invest, whether it is trading or holding because there is no guarantee that holding will never lose money. Holding is considered safer than trading, but it also does not guarantee we will never lose money. Once we invest to make a profit, we will have to face risks, so never have the misconception that trading is risky and holding is not. It doesn't matter which bitcoin or altcoin you invest in, but if you don't have idle money and you're investing with money you can't afford to lose. It's best that you don't invest.

[Tigerheart3026]

Dear, i read your post and In my honest opinion if you have not much money to trade so do not put your funds in risk as trading is the risky part and you may lose your funds in trading. If you asking me Start from holding rather than trading at the beginning and hopd only Good projects in Altcoins like Arb, etc etc....

What you say is very correct, if we don't have enough funds to trade, it would be better for us to hold a certain amount of crypto according to the funds we have, because if we decide to trade, of course there is a very high risk of losing the money we have if we don't. can do it well.

In my opinion, if we do not have enough money, we should not invest, whether it is trading or holding because there is no guarantee that holding will never lose money. Holding is considered safer than trading, but it also does not guarantee we will never lose money. Once we invest to make a profit, we will have to face risks, so never have the misconception that trading is risky and holding is not. It doesn't matter which bitcoin or altcoin you invest in, but if you don't have idle money and you're investing with money you can't afford to lose. It's best that you don't invest.

you correctly said that investment is risky it's does not matter it's trading or holding bitcoin. because there is no such thing as 100% guaranteed profit.
bitcoin is less risky investment when if you keep hold long term, so i recommended it when someone asking about investment in in crypto, but this investment should own limitation if here risk is involved.

[Games.Bitcoin]

We all know that investing in any business involves risk. But investment is needed for profit. Where there is potential for profit there is potential for loss, it is natural. Investing in cryptocurrencies is a bit more risky. Because the profit potential here is also high. But don't think you're going to get rich by investing in crypto. If you trade like a wise trader you will surely get good things.

[cryptoknightt]

I think some middle class people can also do it but, the risk is greater because their amount of money is smaller, trading is about managing the mind and mentality, because the mind and mind can be affected if someone trades in a hurry or they have to earn money every month.

[Rabata]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

I think trading is an open platform where a trader can profit and lose by keeping his profit between buying and selling. After getting training for any business there is no use if a person does not start that business. A person trading with a demo account has no money and quits trading in this regard the person I think could not take the right decision. I don't know if it was important for him to learn trading at that time if he didn't have even a small amount of money. I definitely need capital to start my business. If not, first collecting that capital and then learning trading will be effective. Moreover, trading can be done both small and large capital, it will mainly depend on the financial condition of a trader.

[lixer]

Trading is for people that can endure  the market present reaction we still keep holding and trading. We need to be logical and don't think that the market is just for the rich alone. Even the rich can lose in the market and we know that there loses are always big compared to what an average person could lose in the market. Sometimes not having enough funds can limit our winnings in the market so we need to decide to concentrate and focus on what we keep giving us profits.

It's a fact that one needs capital for trading and as big as your capital is, so will your profits will be. However, this doesn't mean that trading is only for the rich. Indeed, a person who has a lot of extra money can easily venture into trading because they won't need to worry about money, losing, or anything like that. On the other hand, an average person, earning a limited amount each month, will have to spend a long time just to put together the capital that they can use for trading.

So, trading in general might not just be for the rich, but it's a known fact that things can be done more easily when a person is financially stable, and trading is no exception in this. That's why, a rich person can trade more easily and freely than a person earning an average wage each month to run his household.

[Viscore]

Being rich does not lessen the extreme risk brought by trading, but it can only be minimized if you are a knowledgeable and skillful trader regardless if you are a low income earner. Which means, having a huge sum of money will only add more risk of losing if you are not capable to analyze the market and trade well.

Hence, trading is not exclusive for rich people but certainly for everyone who has the passion and skills to trade. While losing is inevitable when trading, the reason why one should not trade when he’s not ready to lose or when he’s not ready to take the risk in trading.

[the rise]

from the opinion that I responded to, it's not just comfortable and rich people who have more rights to trade, for me it's all the same, because even comfortable and rich people will be afraid of losing their money, people with a small economy tend to be more afraid taking risks that hamper the skills they have in trading, people with small economies will find it difficult to get up because the first thing they think about is losses

[God bless u]

Trading is for all of us, both the rich and the poor, so the only difference is the mind, if our mind is positive and if we know how to use money properly in trading, for example, a person has 10k dollars if he didn't know how to trade.

On the other hand a person has 1k dollars then he can make 10k if he knows how to trade which time is for buy and sell,There is no difference between the rich and the poor in what time trading should be taken, we just need a method and we can learn trading in any way we want, money has nothing to do with it. I can start my trading even 1k if I have a good teacher for this.

[Dr.Osh]

from the opinion that I responded to, it's not just comfortable and rich people who have more rights to trade, for me it's all the same, because even comfortable and rich people will be afraid of losing their money, people with a small economy tend to be more afraid taking risks that hamper the skills they have in trading, people with small economies will find it difficult to get up because the first thing they think about is losses

Yes, what makes the difference between rich and not is the capital. However, trading is not only for rich people, but for everyone who has skills in that field. In fact, I have heard of several people who became rich by trading using minimal money. Apart from that, even rich people will not always make a profit in trading. So, trading is only for people who like and are interested in trading. If they have the ability, they can turn the capital they have into a lot of money through trading.

[Natsuu]

Trading isn't just for the wealthy, but it requires caution. You can still trade with a modest income, but it's crucial to be realistic about the risks. Manage your risks, start small, and focus on learning. Don't invest more than you can afford to lose, even if you're not financially comfortable. It's for people who have money that they can afford to lose

[Zigabel]

If a person thinks that investing will make him rich then he is thinking completely wrong. Because you will never get rich if you can't time your investments. You must first acquire sufficient knowledge about the market before investing. Never again have the mindset that you have to be rich.

Mate I think it will be better if you are more specific with the kind of investment you are talking about because out there, a good number of persons have actually turned rich investing so it's not a complete idea to say you don't get rich investing, if invest badly and poorly then you are definitely not going to stay poor investing. Good knowledge and right steps help make your investment a good one such that can get you to becoming rich, like you did mentioned the knowledge is quite essential for timing of your investment mostly if it has to do with crypto investment.

Out there are other forms of investment that wouldn't require you been so knowledgeable about the for you to make good profits off them, all you may need with such can be a person you pay to manage your assets and you inturn pay them for their services.

[Kelward]

The most important thing about trading should not be the money or how rich or poor the person will be before they start, the most important should be to gather the knowledge needed to be successful in trading. When this is achieved the next step can be to start with demo trading or the amount that they can afford to loose. And this is where this topic comes to play, asking whether crypto trading is for the rich? I think that a trader needs to have a substernal amount to start trading because of the risk of loses, so if lose occures the person will not go bankrupt and quit, instead there'll be some amount left to continue. I don't think that there's any standard amount to start, but then you don't have to have too much money to start either. You can have another job from where you'll be funding your trading capital.

[Volimack]

I also think that if you have the motivation and knowledge to do business even if you start with a limited amount it is possible to get great success. Many times it is seen that even if the rich have a lot of money they cannot go far due to the lack of proper knowledge. Emphasis on acquiring good skills in the workplace the skills gained from each job will put you ahead of the curve in the next job. Focus on skill acquisition rather than remuneration spend the initial time learning.

[EarnOnVictor]

If a person thinks that investing will make him rich then he is thinking completely wrong. Because you will never get rich if you can't time your investments. You must first acquire sufficient knowledge about the market before investing. Never again have the mindset that you have to be rich.

You are the one that is wrong in this regard and you are discouraging in addition despite not being right. You should not let your own experience be a discouragement to others, many would try their luck with investment and it would work for them. Also, it seems that you are mixing things together here, trading might be what you are trying to convey as it is riskier, while investment is less risky and it is not the first time that people have been investing and getting money from it, even in a very cheap manner. It also makes them comfortable and rich, while some are extremely rich because of it.

Those who have been very rich through cryptocurrency and other asset purchases will only be looking at you with dismay, even I who started just in 2022 (I mean crypto investment) know what I have made through it in that short time. So stop discouraging others and if you need to learn more, do that, it is better to seek knowledge in case you do not know how others do it instead of entirely condemning everything even when you are wrong yourself.

[Mauser]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

My opinion is still the same, everybody should be allowed to trade, no matter what their financial status, their knowledge or experience is. Just because someone only has a little bit of money, or only started with trading recently doesn't mean he can't far. A few hundred dollars are fine to make the first trades and start building a portfolio. Why should we only allow rich people to trade, because they have the money? I would say that rich people are even less likely to trade in large quantities, because they are already rich and don't need to take the high level of risk. Having a portfolio for long term investment makes sense, but trading every day doesn't. Many rich people have their money invested in houses, art, cars, planes, ships, commodities and of course whole companies. Do they really want to spend a lot of time making research and trade with most of their money? At least me in their shoes I would rather enjoy life and focus on keeping my current wealth, not becoming even more rich.

[Issa56]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

If you have tried a demo account and you abandoned trading because you don’t have money to trade, then I think you are not just ready to trade, because you don’t need much money before you will have to trade. I know if you are trading with little capital, then your profit will be kind of small, but that doesn’t mean you should abandon trading, you can just be trading and be building up your capital, and whenever you have more money, you can increase the amount you are trading with. Trading doesn’t stop you from doing other jobs, you just need a few hours or minutes if you want to trade, and you can go back to your job.
 
Trading is risky, but you just have to manage your risk. When you are trading, one of the first things you should learn is risk management. If you can’t manage your risk, even if you are wealthy, things might not work out well.

[MIner1448]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading requires a balance between learning, practice and risk management. It is important to start with the funds you are willing to lose and gradually increase your experience and capital. Trading is far from being the destiny of the rich; rich people always started somewhere, mostly they started from 0 with trading.

[Pandu Geddon]

If you have tried a demo account and you abandoned trading because you don’t have money to trade, then I think you are not just ready to trade, because you don’t need much money before you will have to trade. I know if you are trading with little capital, then your profit will be kind of small, but that doesn’t mean you should abandon trading, you can just be trading and be building up your capital, and whenever you have more money, you can increase the amount you are trading with. Trading doesn’t stop you from doing other jobs, you just need a few hours or minutes if you want to trade, and you can go back to your job.
 
Trading is risky, but you just have to manage your risk. When you are trading, one of the first things you should learn is risk management. If you can’t manage your risk, even if you are wealthy, things might not work out well.

Yes, trading is risky. be it for those who are rich or those with limited capital.
I had that experience, when there was a friend who didn't know crypto asset trading. but he had large capital ready to be used. he wanted to trade with such large funds, but I advised him to learn first. he doesn't even have an account on the exchange to trade. although the exchange's operations are quite easy. but still, I told him to study first. because traders don't just buy and sell.

trading with small capital and being able to develop that small capital to continue to grow and improve will be better than trading with large capital but in a short time, everything runs out.
If trading with small capital, just be patient. do it gradually. there may be more time to do market research and analysis.

[stadus]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

If you have tried a demo account and you abandoned trading because you don’t have money to trade, then I think you are not just ready to trade, because you don’t need much money before you will have to trade. I know if you are trading with little capital, then your profit will be kind of small, but that doesn’t mean you should abandon trading, you can just be trading and be building up your capital, and whenever you have more money, you can increase the amount you are trading with. Trading doesn’t stop you from doing other jobs, you just need a few hours or minutes if you want to trade, and you can go back to your job.
 
Trading is risky, but you just have to manage your risk. When you are trading, one of the first things you should learn is risk management. If you can’t manage your risk, even if you are wealthy, things might not work out well.

Trading doesn’t give us instant big profits. In fact, even if you trade with big capital, that will never guarantee a big profit as well. You might even suffer losses at firs, but that is only normal for beginner traders. Eventually when you developed your skills and working strategies, regardless of your amount of capital, you will surely make a positive trade.

It takes some time to manage the risk in trading. There may be lapses at some point, but when you continue working on it, you will end up managing its risks well.

[batang_bitcoin]

If trading with small capital, just be patient. do it gradually. there may be more time to do market research and analysis.

It will definitely take time for the traders with small capital, they're the ones who will have to go through the rough situation of the market and need to be more careful with their trades in order for them to grow that capital. As said, it's required to be patient and needs do a lot of work including the analysis. Whilst for the rich, they can simply do whatever they want if it's just a spare money that they've used as their capital because it is what's easy for them to dispose and have that money back again with their other source.

[sulendra12]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Can't gatekeep those people. It's not about that, but instead how they manage their money and spend the money they can afford, as well as know when to stop when needed. Both rich and poor have equal chance to get profit, they also can suffer from same losses because they can't stop when they are losing and many reasons that you can think about.

Pretty sure when you are poor, you have biggest chance to actually stop whenever you can due to money problem and you can naturally stop it when you feel enough and no affordable money you can spend more, unlike the rich where they can chase their losses as long as they have sufficient capital.

[Bitcoinpoly]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Personally I don’t believe trading is for only the rich, definitely other people who aren’t rich but knows how to take a good calculated risk can also be rich through trading with time. I will recommend a good understanding of how trading works before anyone starts trading. Also everyone should know that there are exchanges that tries to make trading easy for users so they can make profit and avoid loss, just like Bitget exchange. There are good opportunities to make profit through their copy trading feature either as a rich person or as someone who isn’t rich.

[Dimitri94]

If trading with small capital, just be patient. do it gradually. there may be more time to do market research and analysis.

It will definitely take time for the traders with small capital, they're the ones who will have to go through the rough situation of the market and need to be more careful with their trades in order for them to grow that capital. As said, it's required to be patient and needs do a lot of work including the analysis. Whilst for the rich, they can simply do whatever they want if it's just a spare money that they've used as their capital because it is what's easy for them to dispose and have that money back again with their other source.

A poor trader will not get the benefits that the rich get. It takes time for the poor to build up their capital whereas a rich trader loses his money and can manage his trading quickly by managing that money. There is some difference between these two categories some will benefit more some less but this does not mean that the poor cannot do trading. There are many traders who initially started with a small capital but later increased their capital to a huge amount. Even after starting with big capital they lost their wealth. Those who can proceed with proper planning may be suitable for trading.

[batang_bitcoin]

If trading with small capital, just be patient. do it gradually. there may be more time to do market research and analysis.

It will definitely take time for the traders with small capital, they're the ones who will have to go through the rough situation of the market and need to be more careful with their trades in order for them to grow that capital. As said, it's required to be patient and needs do a lot of work including the analysis. Whilst for the rich, they can simply do whatever they want if it's just a spare money that they've used as their capital because it is what's easy for them to dispose and have that money back again with their other source.

A poor trader will not get the benefits that the rich get. It takes time for the poor to build up their capital whereas a rich trader loses his money and can manage his trading quickly by managing that money. There is some difference between these two categories some will benefit more some less but this does not mean that the poor cannot do trading. There are many traders who initially started with a small capital but later increased their capital to a huge amount. Even after starting with big capital they lost their wealth. Those who can proceed with proper planning may be suitable for trading.

The rich trader is already set, regardless of how much he will lose with his trades, he can always come back. While the poor trader, we don't know if that's his last money to trade and thats' why he's grinding to grow that capital that he's got. Because we don't everyone's situation and what they're dealing with but we're aware of how someone does it based on the situation that he's dealing with, so with this, the advantage is on the rich traders and it's still applicable that the rich becomes richer.

[Pikachi42]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Personally I think it is almost impossible to get rich by trading. The probability of this is only 0.01% because trading is a kind of tide. And no one can ever profit from gambling. Although they gain some money temporarily, there comes a time when they lose everything in life.

[Dunamisx]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Personally I think it is almost impossible to get rich by trading. The probability of this is only 0.01% because trading is a kind of tide. And no one can ever profit from gambling. Although they gain some money temporarily, there comes a time when they lose everything in life.

Some can actually make money while trading but am not sure of the aspect that makes rich anyway, but there's a way we could apply being professional in what we do and have best outcomes from it, but in trading, we may remains unpredictable with the kind of trade we do, this is not about how expertise we are, it's something that has to do with being lucky and prompt at it all.

[kawetsriyanto]

Trading doesn’t give us instant big profits. In fact, even if you trade with big capital, that will never guarantee a big profit as well. You might even suffer losses at firs, but that is only normal for beginner traders. Eventually when you developed your skills and working strategies, regardless of your amount of capital, you will surely make a positive trade.

Of course, trading never guarantees instant profits. Whatever our capital, we probably take times to take profits with good amount of money through trading. Although we use big funds, it doesn't increase the chance to get good profits if we still have lack of knowledge and experience. So, the profits will depend on how our knowledge and experience, it will be good when we can improve the knowledge and experience. We must understand that we will have effective strategies to use and have nice skills in trading when we have enough knowledge and experience.

Personally I don’t believe trading is for only the rich, definitely other people who aren’t rich but knows how to take a good calculated risk can also be rich through trading with time. I will recommend a good understanding of how trading works before anyone starts trading.

Trading is for everyone, but the capital depends on the economic level of each person. Trading isn't a must with big funds/capital, we can use whatever our capital. Even we can use $50 - $100 for the capital for trading. I think it is no problem to use small funds if we are still the beginners. We can gradually increase the amount of money if we can take profits continuously. Sure, it is not impossible to be rich through trading someday but it must take a lot of time and efforts. And don't forget to always keep learning, it is also the key to success in trading.

[Justin999]

Trading won't different between rich and poor, both will lose the money if they don't have proper knowledge. Fandmental analysis is easy one but most of people do mistake in technical analysis. So a trader need to practice more about trading and that's why the demo account is perfect for them. And when it's about rich and poor then it's true that rich people have large capital and that's why they unlock many facilities for their fund to manage trading and change their luck and poor people with few capital can't do well in trade even they take high leverage is for trading

[edy_58]

Trading won't different between rich and poor, both will lose the money if they don't have proper knowledge. Fandmental analysis is easy one but most of people do mistake in technical analysis. So a trader need to practice more about trading and that's why the demo account is perfect for them. And when it's about rich and poor then it's true that rich people have large capital and that's why they unlock many facilities for their fund to manage trading and change their luck and poor people with few capital can't do well in trade even they take high leverage is for trading

Of course everyone can trade whether they are rich or poor. There is no difference between whether they are rich or poor and what differentiates someone in trading is whether they can analyze the market well or not, if they cannot analyze the market well then it will be very difficult for them to earn money. profit from the trading they do and they will even experience losses if they make mistakes in trading.
Yes, it would be better for a trader to always practice and continue to learn about trading so that when trading they can make profitable decisions for the trades they make.

[Ziskinberg]

Definitely not. As you see, not all successful traders started living rich and have all those resources already available. Some just compromised their own comfortability so they can pursue trading since it could be the best way possible to make their lives changed. However, it’s always an edge if you trade without financial lapses since you can go extra mile in trading without being bothered by losses, compared to poor traders who will always set a poor and fixed budget when trading. But nevertheless, the result matters most on the trader’s performance and not on how financially capable a trader is.

[shinratensei_]

even without big capital you can take advantage of high leveraging as high as 100x leverage i think with small capital you can definitely grow that capital with diligent trading.
so definitely its not limited for rich people only everyone can also trade even with measly capital amounting only to $5 they can start out and if they want to grow fast utility the leverage feature
its there for reason and definitely those rich people with capital of millions aren't gonna be trading millions of dollars with that high leverage otherwise they are just trying to give away their money to people.
one thing need to know though if with small capital you might have lesser burden since its just small capital anyway but along the way if you are successful growing your capital to certain extent you will see that you really need
greed management to not always use high leverage otherwise you will be losing your money.

[Mehedi72]

You need money to start trading, amount doesn't matter much but it matter how a trader manage his money while trading. Although trading isn't only for rich but also not for poor cause you need to have money first to make more. If a trader feel insecure with his little fund then better not to start trading early. I think he need to take some more time to manage a centain amount of money to start trading, till that he should practice on demo. Sometimes staking or holding potential altcoins also help to increase fund. But knowledge is important otherwise trading could be as dangerous as it gives opportunities]

[Vinaa77]

You need money to start trading, amount doesn't matter much but it matter how a trader manage his money while trading. Although trading isn't only for rich but also not for poor cause you need to have money first to make more. If a trader feel insecure with his little fund then better not to start trading early. I think he need to take some more time to manage a centain amount of money to start trading, till that he should practice on demo. Sometimes staking or holding potential altcoins also help to increase fund. But knowledge is important otherwise trading could be as dangerous as it gives opportunities]

To be able to enter trading, of course we need capital and they must be able to manage the money you bring to trade because if we don't understand it well, of course this will be very detrimental to ourselves because we have to lose the capital we bring to trade.

Yes, those who are not comfortable using small capital to trade, of course they don't need to trade so they can't make a profit and it's better for them to train themselves first to use a demo account by preparing capital to be able to trade when they already have enough capital. They feel that is enough and if we choose to hold altcoins of course we must have good knowledge about these coins because it is possible that the coins we hold do not have the potential for profits that we can get after we hold them.

[EarnOnVictor]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading requires a balance between learning, practice and risk management. It is important to start with the funds you are willing to lose and gradually increase your experience and capital. Trading is far from being the destiny of the rich; rich people always started somewhere, mostly they started from 0 with trading.

Whether it is at the starting time or the continued trading time, it is better for traders to invest the money they can afford to lose. It is sweet in this regard because the probability that the person will lose the money is so high, it only gets better when huge profits have been made initially, and that is when the mind of the trader will be at rest, but to still preserve this, the expertise of the trader must be put into action. You can't just believe that because you had won big, that's how the market is, No. You need consistency before you can conclude on that, and you must know that it is possible you had luck on the first day, week or month, it is not a big deal, but consistency will prove it.

Nonetheless, it takes the consistency of several months for traders to be sure that they are worthy to be called a trader. And this must put your strategy, management, plans and psychology to the test before this is possible. All these are the important points to note by traders, and no matter how you practice, if you can't replicate what you know practically, they will always be futile and the end will be losses. I hear people always talking about learning, it is good, but that is just the beginning of the learning, even training as it is, I regard it as better than learning, though many do not differentiate the two, yet they are not the same. Regardless, what you learned in training still does not suggest your success in trading, it is only the outcome that will prove you worthy as a trader after blending what you know rightly.

[Ricardo11]

Yes trading is to get rich, everyone usually trades to get rich, but it is not for everyone. Those who want to start trading should understand everything well by trading on demo account when they are new and always research the market. Because it is very good and smart idea to learn everything well by trading demo account when you are new. This is very important. Because you can never succeed in trading with zero knowledge. And when you trade your full attention should be on trading only because if your mind is on other side while trading, then you will lose your money as you will not be able to make the right decision. Some traders only think about losing money while trading, they always have the same thoughts and they cannot make the right decision. As a result they always lose. So research the market  during trading and if you don't have enough knowledge then gain knowledge first and start trading with small money first.

[Lantind]

Yes trading is to get rich, everyone usually trades to get rich, but it is not for everyone. Those who want to start trading should understand everything well by trading on demo account when they are new and always research the market. Because it is very good and smart idea to learn everything well by trading demo account when you are new. This is very important. Because you can never succeed in trading with zero knowledge. And when you trade your full attention should be on trading only because if your mind is on other side while trading, then you will lose your money as you will not be able to make the right decision. Some traders only think about losing money while trading, they always have the same thoughts and they cannot make the right decision. As a result they always lose. So research the market  during trading and if you don't have enough knowledge then gain knowledge first and start trading with small money first.

If you think that by trading you will easily become rich then you have to have large capital to be able to trade and using large capital in trading certainly has greater risks and also greater profits if we can do it right, try a demo account It would be very good if you don't understand anything about trading and don't have market research, because it will be very different from trading with a demo account using real money. We have to be able to analyze correctly the type of coin we are going to trade.
Every beginner certainly needs knowledge about trading first so they can start trading so they don't make mistakes when trading that make them lose money from the trade.

[wallet4bitcoin]

The business of trading is simply buying and/or selling.

Based on this aforementioned, it is impossible to say, non on earth either did both or just one. it is also known that only 3 percent of humans in every 100% are truly rich.
If everyone does buy and/or sell, it is therefore correct to say trading shouldn't be for the rich alone.

[cakravothy]

If you want to trade to become rich, you need big capital. if you don't have big capital, if you have great ability to analyze it accurately, you can also be rich. by trading using leverage this means if crypto future trading. because with future trading you can trade with more than the capital you have.

[Bravut]

If one have the right knowledge(edge), I don't buy the idea of a person losing more money than profits.Trading is exceptional because even if you have big capital amount you can still lose and if you have small capital you can still grow it and Vice versa.
Capital shouldn't be limiting factor but having the right skill set should be the 1 criteria.

[Tahid12]

Partially yes. Without a certain amount of money, its hard to manage calculation and Trading management. Loss, recovery, risk percentage everything is depends on money. When I stated starting with little money, most the time i loss. In some situation, you need more money or something there'll be Many opportunity but withiy money, you can't do anything. Maybe a trader with less amount, can also survive in trading but it'll be hard for him. But not impossible. So i can say, everyone can trade. And a perfect trade can change many things in life.

[Julien_Olynpic]

This is a bit of a strange question, because now there is no shortage of money in the market and in life. If you need money, you can always take out a loan. In the USA, rates are now relatively low - 5.5% per annum. While in many other countries the key rate and the loan rate can be double-digit. Nevertheless, now loans with a free interest-free period have become widespread, which can be quite long, up to six months or even up to 1 year. So, most likely you are not short of money, but you are not qualified enough to manage money effectively. If you demonstrate the ability to grow money. Then investors will come to you themselves.

[Awaklara]

If you want to trade to become rich, you need big capital. if you don't have big capital, if you have great ability to analyze it accurately, you can also be rich. by trading using leverage this means if crypto future trading. because with future trading you can trade with more than the capital you have.

Increasing leverage also increases risk. that means what you trade can also be lost very quickly.
However, those who trade must have capital. and if we have little capital we trade, it is better to be patient to build our trade better gradually. There's no need to rush to get rich quickly or even target big profits by increasing leverage. This could result in losses rather than the expected profits.

[deathcode]

If you want to trade to become rich, you need big capital. if you don't have big capital, if you have great ability to analyze it accurately, you can also be rich. by trading using leverage this means if crypto future trading. because with future trading you can trade with more than the capital you have.

Increasing leverage also increases risk. that means what you trade can also be lost very quickly.
However, those who trade must have capital. and if we have little capital we trade, it is better to be patient to build our trade better gradually. There's no need to rush to get rich quickly or even target big profits by increasing leverage. This could result in losses rather than the expected profits.

Yes, that's right, increasing leverage also increases risk if the position is not in the right direction. I also trade with small capital, I am not so brave to use large leverage for bigger profit ambitions. I would prefer to do it gradually. it would probably be better for me to build my trading capital from small.

Partially yes. Without a certain amount of money, its hard to manage calculation and Trading management. Loss, recovery, risk percentage everything is depends on money. When I stated starting with little money, most the time i loss. In some situation, you need more money or something there'll be Many opportunity but withiy money, you can't do anything. Maybe a trader with less amount, can also survive in trading but it'll be hard for him. But not impossible. So i can say, everyone can trade. And a perfect trade can change many things in life.

Still, large capital will help traders to open up opportunities for success. But everything must also depend on the trader's abilities. traders with small capital like me will be more careful in determining positions and planning. we make a little money from trading to grow the portfolio. and it is sustainable and will gradually develop our trading capital in the future.

[Inwestour]

Increasing leverage also increases risk. that means what you trade can also be lost very quickly.
However, those who trade must have capital. and if we have little capital we trade, it is better to be patient to build our trade better gradually. There's no need to rush to get rich quickly or even target big profits by increasing leverage. This could result in losses rather than the expected profits.

On the other hand, without experience, you cannot immediately start trading with large capital, first you need to gain experience and understand whether you can make money from trading or not. And if a trader manages to trade with small funds, then with large capital everything may be different, the trader must go through these stages gradually to understand how acceptable this is for him. I don’t think that trading is only for the rich, success in trading depend on a person’s ability to analyze markets and trade, but with successful trading, at some point a trader will need capital.

[Volimack]

If one have the right knowledge(edge), I don't buy the idea of a person losing more money than profits.Trading is exceptional because even if you have big capital amount you can still lose and if you have small capital you can still grow it and Vice versa.
Capital shouldn't be limiting factor but having the right skill set should be the 1 criteria.

Without proper skills there is risk in trading also need to know the trading strategies. If you don't have good experience you will fear losing the capital you use. In the beginning the amount of capital should be reduced and after gaining good experience about the market you should enter the trade.

[Z_MBFM]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

trading is always a risky things and trading will not granted your profit for any specific time like another income source like job business or anything else so if you want to trade then you must have to have the money an ability to take risk. on the others hand you must have the another source of income to cover your daily expenses. because cheating will not bring any regular propaid for your daily expenses. trading not require any rich person anyone can trade if they have the ability to accept the trading  loss. and then if you have enough trading skill then you can make profit

[JayTrain]

I believe trading isn't always about big money. Some start with small sums and gradually grow, learning the market. Knowledge, experience, and strategy are vital for successful trading. Even with a modest income, you can start with small investments and build your capital over time. The key is being open to learning and continuously improving your skills. Trading is not just about financial success but also personal growth and development.

[bettercrypto]

The business of trading is simply buying and/or selling.

Based on this aforementioned, it is impossible to say, non on earth either did both or just one. it is also known that only 3 percent of humans in every 100% are truly rich.
If everyone does buy and/or sell, it is therefore correct to say trading shouldn't be for the rich alone.

The majority of people in every country or around the world are poor, and there are others who are middle-class people. But trading is for everyone; as long as you have capital that you can use to buy currency here in crypto, bitcoin, stocks, or forex, you can do it.

The important thing is that you have the capital to qualify for a platform where you will engage in trading activity. But the easiest way to do trading is really crypto trading; even if you are poor and want to advance in life, you can do it, and this is the beauty of the crypto business.

[wallet4bitcoin]

.snip.

The majority of people in every country or around the world are poor, and there are others who are middle-class people. But trading is for everyone; as long as you have capital that you can use to buy currency here in crypto, bitcoin, stocks, or forex, you can do it.

The important thing is that you have the capital to qualify for a platform where you will engage in trading activity. But the easiest way to do trading is really crypto trading; even if you are poor and want to advance in life, you can do it, and this is the beauty of the crypto business.

As said earlier, you can not over emphasize the fact that trading is foreveryone. You don't choose to trade, you're, in some cases, obliged to trade just to make a living and nothing more and looking intrinsically, you know what exact kind of trading you are to be involved in.

Forget those trading with luxury, trade with the little you have, there are platforms that will accept your level of funding.

[leonair]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

trading is always a risky things and trading will not granted your profit for any specific time like another income source like job business or anything else so if you want to trade then you must have to have the money an ability to take risk. on the others hand you must have the another source of income to cover your daily expenses. because cheating will not bring any regular propaid for your daily expenses. trading not require any rich person anyone can trade if they have the ability to accept the trading  loss. and then if you have enough trading skill then you can make profit

Trading has spread to everyone, not just the rich. Many do not hesitate to borrow and trade despite not having their own money. Because most people consider trading as a way to earn money easily. and because of this they are jumping into trading without acquiring proper knowledge about trading and analysis. there is no restriction for anyone in trading. Anyone can do trading so no one can say that trading is meant for the rich or the poor

[Mahanton]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

trading is always a risky things and trading will not granted your profit for any specific time like another income source like job business or anything else so if you want to trade then you must have to have the money an ability to take risk. on the others hand you must have the another source of income to cover your daily expenses. because cheating will not bring any regular propaid for your daily expenses. trading not require any rich person anyone can trade if they have the ability to accept the trading  loss. and then if you have enough trading skill then you can make profit

Trading has spread to everyone, not just the rich. Many do not hesitate to borrow and trade despite not having their own money. Because most people consider trading as a way to earn money easily. and because of this they are jumping into trading without acquiring proper knowledge about trading and analysis. there is no restriction for anyone in trading. Anyone can do trading so no one can say that trading is meant for the rich or the poor

Trading is really that for everyone, doesnt matter if you are rich or poor, young or old. As long  you do know on what you are doing then you are qualified on doing so. Its a free market on which
this is a free thing on which you could really be able to make yourself get engage as long you do have the funds or capital to start off with but of course dont make yourself that too optimistic that you could
really be able to handle out this market so easily because if it was easy in the first place then we wont really be seeing losers and majority are already winners and rich people.

You should really be that doing well into this unpredictable space if you do wanted to make yourself having that advantage because if not then you would really be ending up
on losing money but of course losing is inevitable. It is really just that there are people who are really that persevere on things on which they do know that the could do it despite of the loses.

[ajiz138]

Trading is really that for everyone, doesnt matter if you are rich or poor, young or old. As long  you do know on what you are doing then you are qualified on doing so. Its a free market on which
this is a free thing on which you could really be able to make yourself get engage as long you do have the funds or capital to start off with but of course dont make yourself that too optimistic that you could
really be able to handle out this market so easily because if it was easy in the first place then we wont really be seeing losers and majority are already winners and rich people.

There is no limit to trading everyone can enter and start trading even if it's $10, with old/young - poor/rich anyone can.

There are always many inspiring stories in the trading that they have done over the years.

For example:
Someone starts from small capital and then can develop into tens of thousands of dollars they can do this because they already have years of learning skills and from small capital can become large or can be said to be rich.

There is a big capital just for ambition, this is not a few many people do this because they feel they have money and then enter the market with no caution and do not do risk management well then they can lose more.

So in trading depending on the skills you have how much you minimize the risk.

[armanda90]

Trading has spread to everyone, not just the rich. Many do not hesitate to borrow and trade despite not having their own money. Because most people consider trading as a way to earn money easily. and because of this they are jumping into trading without acquiring proper knowledge about trading and analysis. there is no restriction for anyone in trading. Anyone can do trading so no one can say that trading is meant for the rich or the poor

Trading not promising to earn much profitable and easily to be rich, actually there are not any limitation with user come from for trading as rich, poor, student or businessmen during have enough knowledge has the same chance for earning profitable in cryptocurrency trading.
But have bad decision by some one when making trading as the faster way quick rich and not care what risk will face later when trading with wrong time and have bad coins for investing or trading.
No doubt, every one seems easily can trade in cryptocurrency just buy in lower price and selling later in the higher price, but small trader can understand well with risk and concept how to earn much profit with cryptocurrency and they have good target as trading can't promising to be rich in the future.

[Natalim]

If you want to trade to become rich, you need big capital. if you don't have big capital, if you have great ability to analyze it accurately, you can also be rich. by trading using leverage this means if crypto future trading. because with future trading you can trade with more than the capital you have.

Increasing leverage also increases risk. that means what you trade can also be lost very quickly.
However, those who trade must have capital. and if we have little capital we trade, it is better to be patient to build our trade better gradually. There's no need to rush to get rich quickly or even target big profits by increasing leverage. This could result in losses rather than the expected profits.

Trading is risky in the first place and I assume that those who try trading are also willing to lose their money if happens (no regrets). Increasing leverage should be made when we feel confident and we already see that we are performing so well but if not, should stay on the usual amount we used. As a trader, we must know how to determine if we need more capital or not. We must consider our situation before doing this just to ensure that we never make more losses instead of profits. Or else, forget about increasing capital instead of focusing on how to improve our performance first.

[Hyphen(-)]

I believe trading isn't always about big money. Some start with small sums and gradually grow, learning the market. Knowledge, experience, and strategy are vital for successful trading. Even with a modest income, you can start with small investments and build your capital over time. The key is being open to learning and continuously improving your skills. Trading is not just about financial success but also personal growth and development.

That is true, but not always. When you have enough money as capital, you can sometimes gain more in crypto trading because with large capital, you can claim a small percentage of profit because it is a reasonable amount of money, as opposed to small amounts of investment, where small percentage increases are not seen as a reasonable profit because the money is due to the small amount of capital used to invest.

[Mate2237]

Trading is for all but the rich make more profit than the poor because in trading the more you deposit to trade the more profit you make. If the trading capital is small then the profit will also be small but if the capital is big then the profit will also be big and it is only the rich can provide the big capital to trade and have good profit. And that is why there are some rich people who understand trading but no time or chance to trade would hire experts to trade for them and pay them weekly.

As it is said trading is for all but not all have the funds to trade. So if you don't have the funds to trade then look for someone to so that you can trade for the person and from there you can raise funds to trade by yourself.

[Fara Chan]

Without proper skills there is risk in trading also need to know the trading strategies. If you don't have good experience you will fear losing the capital you use. In the beginning the amount of capital should be reduced and after gaining good experience about the market you should enter the trade.

For traders who are learning to carry out experiments in order to have more experience and knowledge needed for trading, of course they don't have to think about too much capital. Because basically they can immediately make experiments with a small amount of capital to seek knowledge and understanding that they have not yet obtained before.

Because of the things that will become habits that will make them experienced while doing digging by asking several people who they already consider to be experts. Because trading in the crypto market must have a clear and detailed direction so that we can know clearly the amount of profit or loss that occurs in our own trading.

[batang_bitcoin]

As a trader, we must know how to determine if we need more capital or not.

Usually, we've got the same logic in trading. The higher the capital, the better and more potential higher profits but it's not always the case because the results depend on the trader himself.

We must consider our situation before doing this just to ensure that we never make more losses instead of profits. Or else, forget about increasing capital instead of focusing on how to improve our performance first.

That's true, if you don't have much capital and you're not as rich as the other traders. Just start and try to grow that amount that you have in trading. It's the journey itself that you'll have the idea if it's worth it to add some more capital or not.

[ancafe]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Is it because rich people have so much money that trade should be reserved for them. So what if they always experience losses, will they be able to survive in the trade? Trading is not intended for anyone and trading can be done by anyone who dares to take risks because the most important thing is how people can deal with pressure and they continue to try to correct the trading mistakes they make so as not to result in losses every time.

Trading is more effective when people have knowledge and money to start with. But not having a lot of money doesn't mean people can't get involved in trading, because you or anyone can use small capital to start, as long as you know how to trade correctly and appropriately.

[Inwestour]

Is it because rich people have so much money that trade should be reserved for them. So what if they always experience losses, will they be able to survive in the trade? Trading is not intended for anyone and trading can be done by anyone who dares to take risks because the most important thing is how people can deal with pressure and they continue to try to correct the trading mistakes they make so as not to result in losses every time.

Trading is more effective when people have knowledge and money to start with. But not having a lot of money doesn't mean people can't get involved in trading, because you or anyone can use small capital to start, as long as you know how to trade correctly and appropriately.

I would highly recommend starting trading with small money because having a lot of money in no way guarantees, that you will be able to earn more, in fact it will only increase the chances of losing more. But there is no need to take my words as a warning against trading with big money, both rich and poor can lose everything, just as rich and poor can earn, this largely depends on knowledge and understanding of the market and its manipulability, and not on the amount of money.

[AnonBitCoiner]

Trading is permissible for both poor and wealthy people but it will be better for a person to be a part of trading after making his financial status better. Trading needs so much money that a poor man cannot afford it but a middle class people can easily make money through Investment.

Poor people have only one or no source of income so if they start trading then their whole money will be wasted in earning more and getting benefit of one more chance because even an expert loss money during trading so its impossible for newbies to get wealth easily and without losing any amount.

[$weetne$$]

Trading is permissible for both poor and wealthy people but it will be better for a person to be a part of trading after making his financial status better. Trading needs so much money that a poor man cannot afford it but a middle class people can easily make money through Investment.

Wait, so you're saying trading is for only the rich if you request for our financial status to be better before starting to trade. Trading is a way of making money therefore a broke individual can still trade and upgrade their financial status. All it'll take is to be determine to learn how to trade perfectly and not be among those set of people that want quick money from trading but take trading as a career that you want to learn and use to make profits therefore everything that needs to be learnt will be learnt before you start risking money. Already you know you don't have money therefore you shouldn't be wasting the little that you have. Through trading you can increase your money but don't rely completely on only trading for getting money.

[ancafe]

I would highly recommend starting trading with small money because having a lot of money in no way guarantees, that you will be able to earn more, in fact it will only increase the chances of losing more. But there is no need to take my words as a warning against trading with big money, both rich and poor can lose everything, just as rich and poor can earn, this largely depends on knowledge and understanding of the market and its manipulability, and not on the amount of money.

It's much better because we can control emotions a little when we suffer losses and trading with small money can also be an exercise to improve skills on trading. The structure of knowledge can direct people to trade in the right way while rich or poor is not a reference. Practicing trading capabilities will be much faster by trading directly but important things must also be learned first, I start trading with small capital and although now not a professional trader but more or less better understand how to do the correct trading.

The problem of dealing with trade risks by entering large money is not easy to control because that is better to enter a small money as a trading exercise to increase skills. After knowledge is getting better, it can be slowly improved the amount of money we want to increase and that should be that a beginner is involved.

[cryptoWODL]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have.

I think trading is not for everyone.Because if someone does not have money, even if he is experienced in trading, he will not be able to trade even if he wants to. Similarly if someone has money to trade again but he doesn't know or understand anything about trading he can't trade even if he wants to. So you have to have both ability and experience to trade otherwise you are not suitable for trading.

Should trading be exclusive to financially comfortable and rich because of how risky it is?

I don't think trading is financially comfortable because we have to take a lot of risks while trading. If you buy a coin and start trading, you don't know exactly whether the price of this coin may increase or decrease. If the price of the coin increases then you are financially self-sufficient otherwise if the price of the coin decreases then you will suffer financially. Moreover, those who dream of becoming rich through trading are dreaming wrongly.

[sulendra12]

Should trading be exclusive to financially comfortable and rich because of how risky it is?

Sure that you have quite big chance to recover and you have room to recover if you lose often if you are financially comfortable with your economy. The opposite can't be said the same for everyone, they have small room of errors and it could massively affect their economy even worse if they lose so cares should be the top priority if you trade from non-stable economy.

I have seen that non financially comfortable to be successful in trading, the only thing that matters is how the trader manage their run because that's what differs them from other traders.

[adpinbr]

Trading is for anyone that is ready to take the risk , weather, rich, or poor, I will say that anyone that is able to take the risk of losing his or her profits is ready for Trading then most people that doesn’t have capital trying to raise a capital for trading I would advise this issue start trading with what they can afford to lose I am not advising  anyone to start trading with their whole money or saving to trade because everything about trading is risk, but one thing I may advise you is that, you should be among the people which is taking a calculated ricks and Trading, anyone can take risk  if you succeeded in trading no problem that is cool it’s not really that Trading is meant for the rich it’s just that the rich are lucky to have a capital at any point which Trading comes up

[Oneandpure]

I have target with trading should be rich and working hard how to earn much profit every time trading, I don't spent more time with trading but earn few profitable and its not balance yet with how much money and my time waste if can't get rich trough trading.
But keep working hard not dreaming only before trading make analyze and researching with bitcoin or altcoin price potential few days later will break out or not, you don't need have limitation with profitable achieving from bitcoin or altcoin trading and must take huge goals achieving with trading earn much money to be the richest person.
But in trading have already with risk and try to minimalize low risk when trading by using stop loss feature, don't be on comfort zone position with few percent profitable is enough because in trading make impossible becoming possible.

[Bushdark]

Trading is for everybody that is why we keep seeing the rich and the poor trying hard to make money from trading.
If we know how to trade very well without making unnecessary loses, we would make good amount from it which some persons would not able to do so. We need to know what we are doing so that they we could keep making money from trading to better our lifestyle.
So many opportunities in the market we can always grab and enjoy the benefits.

[BD Technical]

If you have an idea if you have education if you have taken courses and are very skilled then surely you can become a millionaire by trading.  By doing banier test you can celebrate your live satel as well as you can get risk because you can throw your invest in water because it is like gambling like gameling.  You will see one thing that when you take the train in binary tate in one minute or 30 seconds you will see that your fate will be decided if you treat wisely then you will profit.  Today, if you do not understand Tate or trade with other's signal, you have loss and potential in that case.  In a moment you can be a millionaire in a moment you can be a fakir it depends on your luck in that case it goes without saying that date can change your fate.  However, if you check visa or have a finance check, you will be a little bit less about cross-eating the profit of your trade because you will eat less even if you play loss, so you will not eat the capital.

[Gormicsta]

I don't believe that trading should be limited to the wealthy because everyone, rich or poor, requires money. What matters is the capital to begin with and the willingness to take risks and maintain self-control, but the reality is that anyone can learn how to trade and be successful; all it takes is the willingness to take risks, patience, and research to become a trader.

[2Pizza410000BTC]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is suitable for everyone but many people don't make money from trading because they don't have enough money. People who don't have money can't always prepare for trading on a trading platform because they always fear that if they lose money then their situation will get worse from various fears that they have to gain enough experience to stay away from trading. A bit more useful in case of the rich as they have no shortage of money that they can trade with huge sums of money thereby making money from them. If you think deeply the answer comes trading is very easy for rich people because they have enough means to supply money they are never afraid of trading because they don't lack money. So while trading is for everyone, bring a little more benefit to the rich.

[boyptc]

I don't believe that trading should be limited to the wealthy because everyone, rich or poor, requires money. What matters is the capital to begin with and the willingness to take risks and maintain self-control, but the reality is that anyone can learn how to trade and be successful; all it takes is the willingness to take risks, patience, and research to become a trader.

The advantage is with the rich and that is why they can easily trade. They do not have to put their ass off to job because they have ready money to trade.

But I agree that trading isn't really limited to them as this is for everyone. A rich can slaughter poor guys money or a poor guy can slaughter rich folks money.

[moneystery]

Trading is permissible for both poor and wealthy people but it will be better for a person to be a part of trading after making his financial status better. Trading needs so much money that a poor man cannot afford it but a middle class people can easily make money through Investment.

Poor people have only one or no source of income so if they start trading then their whole money will be wasted in earning more and getting benefit of one more chance because even an expert loss money during trading so its impossible for newbies to get wealth easily and without losing any amount.

trading is highly recommended for people who have cold money, meaning people who are prepared that the money will be lost when they make a trade. because trading is quite risky, especially when traders use leverage in their trades, once they take the wrong position then within a few seconds or minutes their money will be gone. and therefore it is very important for traders to be able to have a stable income or business that can back them up when their trading experiences problems.

[Sophokles]

With the skill a trader can make millions of dollars from only few thousands of dollars. So rich people trade with only few thousands of dollars?  I don't think so that means a trader can make fortune with a small investment with the right skill and discipline. A trader needs to be patience and consistent about his trading to make a fortune out of it.

[Dr.Osh]

I don't believe that trading should be limited to the wealthy because everyone, rich or poor, requires money. What matters is the capital to begin with and the willingness to take risks and maintain self-control, but the reality is that anyone can learn how to trade and be successful; all it takes is the willingness to take risks, patience, and research to become a trader.

Well, as long as he has capital and is able to accept the risks of trading, then anyone can try it. However, after that, he can think about whether trading suits him or not. because it is suitable or not, it all depends after he makes the trade. Many people think that trading is suitable for everyone and is easy, but when they trade, they see that it is difficult.

[Kelvinid]

If you have an idea if you have education if you have taken courses and are very skilled then surely you can become a millionaire by trading. 

That is possible but can't just take it easy because there is no instant learning and profit in trading. Many traders had good knowledge and a high level of skill but some of them quit and become unsuccessful because trading does not just require knowledge and skill only but also patience. Impatient people if not all, but mostly had end with unsuccessful stories and failures. And a reason why we should never underestimate trading or say it was too easy is, we just know how difficult it is when we are in an actual situation.

Yes, rich or poor, trading welcomes everyone but don't dare if we have a lack of trust and unprepared. Otherwise, we can be one of those who try but say goodbye later.

[JayTrain]

Trading should be accessible to all, not just the financially affluent. However, it's crucial to understand the risks. Starting with demo accounts for practice is advisable. Education and market understanding are essential for success. I believe that it's not only about making trading accessible, but also about providing the necessary knowledge and resources for anyone looking to thrive in this field.

[boty]

Trading should be accessible to all, not just the financially affluent. However, it's crucial to understand the risks. Starting with demo accounts for practice is advisable. Education and market understanding are essential for success. I believe that it's not only about making trading accessible, but also about providing the necessary knowledge and resources for anyone looking to thrive in this field.

It is true that everyone can trade easily, but not everyone can make a profit from the trades they make. It is very important for every person who decides to trade that they must have a good and correct understanding of trading in order to be able to trade to make a profit. advantage because if someone trades without having knowledge about trading it will certainly make them lose the funds they used in the trade and to be successful in trading of course we must have good experience and knowledge and do it carefully.

[shawonngp]

With the skill a trader can make millions of dollars from only few thousands of dollars. So rich people trade with only few thousands of dollars?  I don't think so that means a trader can make fortune with a small investment with the right skill and discipline. A trader needs to be patience and consistent about his trading to make a fortune out of it.

Skill traders can make thousands of dollars by using in hundreds of dollars and investing thousands dollars they can make millions of dollars it's true and I seen a few traders.
But with small capital it's too difficult to fill up this goal even for an expert traders, with small capital your profit will be small and take long time.

[Sorryfor]

Trading is actually very risky. For this only rich people should do it. This is actually reasonable.  Because first of all you have to have capital to trade and trade only the amount you can afford to lose. If you don't have enough knowledge about trading and you don't know enough about the cryptocurrency market then you shouldn't be trading. It never seems to me a small thing because it can cost you a lot of money financially. So even if you are more interested in trading then you should start trading with small funds and progress slowly if you can profit from there And it is best not to trade at first. Instead you can invest if you want and keep your invested money. If a poor person leans too much towards trade in the beginning, it will cause him a lot of frustration.

[Ben Barubal]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

     Trading is open to anyone who wants to learn from it or make a profit from it. Then the basic rules in trading if you want to make money here are that you must have the capital to buy crypto assets that you will trade with, because that is what is needed; you cannot buy coins to trade; that's why you are called a trader. These are basic things that we should know.

     Apart from that, there is also a lot to consider in learning trading because it is not just guessing. Of course, it is not like that; instead, there are indicators that are used and based on so that they can make technical and fundamental analysis. Are you willing to know and go through them?

[Tipeform$]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is for everyone Trading is not just for the rich. But there is some truth here, those who have a lot of money, it is very convenient for them to supply any money to the trading platform, but those who do not have a lot of money, after trading, it is very difficult to pay. When the trading platform does not require any tension to provide money, then the analysis can be done very well on the trading platform and even if it loses for any reason, it can be handled easily, but those who have less money, even if they manage some money in a unique way, if this money is lost, then they cannot handle themselves. Of course trading is very helpful for the rich but not so much for the poor because it depends on money.

[wiss19]

I have target with trading should be rich and working hard how to earn much profit every time trading, I don't spent more time with trading but earn few profitable and its not balance yet with how much money and my time waste if can't get rich trough trading.
But keep working hard not dreaming only before trading make analyze and researching with bitcoin or altcoin price potential few days later will break out or not, you don't need have limitation with profitable achieving from bitcoin or altcoin trading and must take huge goals achieving with trading earn much money to be the richest person.
But in trading have already with risk and try to minimalize low risk when trading by using stop loss feature, don't be on comfort zone position with few percent profitable is enough because in trading make impossible becoming possible.

In risky and hard acts like trading, we usually don't know if we will succeed or not, till the time we try it and by trying it we must accept it even if we ended up as a failure. We might be a failure but at least we tried. It adds up to our experience and this still gives us an accomplished feeling.

The more the merrier as they say which is true in terms of profits but as a starter, I think we need to set a realistic profit first because the higher the profit we want to achieve, the higher the risk we are also going to face. You said we shouldn't stay in our comfort zone but at the same time you recommend to use a stop loss? I think pro traders rarely use this anymore.

[Awaklara]

You said we shouldn't stay in our comfort zone but at the same time you recommend to use a stop loss? I think pro traders rarely use this anymore.

The more professional a trader is, the more he or she can control the risks of their trading. Whether you use a stop loss or not, it's part of a strategy or habit that traders often use.
especially for those who trade with large amounts of money, they will be careful in determining positions and targets. they will not be too greedy in wanting a high target, but the most important thing is that their small target can be achieved.

[Cryptoababe]

Honestly, I'm my own way of perspective, Trading is strictly for the rich because it's programmed to Rekt people a lot. Where the rich can easily use small leverage with huge money to make good profit.
While we the poor will use high leverage with small money to lose or get liquidated.

[Jonyshake71]

Everyone can trade if they want but the perfect definition of it is "Trading is for them who knows and understand trading" in my opinion. Of course money does matter cause anyone can't trade without money. Even you need decent amount of money to manage trading.. but mainly its all about Focus, discipline, dedication, analysis, patient and knowledge what makes a person prefect trader together where momey matter less. Cause some traders can make thousands from some dollars. So learn first. Or trading will be just a loss project for you

[|MINER|]

There are no rich or poor in trading.  But investing is easy for the wealthy.  There are many people who are not able to apply money in trading or any kind of business due to lack of money.  To think from one side, to do business or trading one needs to own some money.  Because there are many people who want to do trading but are unable to do it due to lack of sufficient money.  They should save money first and then invest it in trading or elsewhere.  Because how can you invest money in trading if you don't have enough funds.  If you don't have your own money, if you want to trade with the money borrowed from others, then if you face a loss, then all your money will go and you will have to pay the borrowed money even if you sell your necessary land.  So one should not invest in any kind of business or trading without owning enough money

[Natalim]

There are no rich or poor in trading.  But investing is easy for the wealthy.  There are many people who are not able to apply money in trading or any kind of business due to lack of money.  To think from one side, to do business or trading one needs to own some money.  Because there are many people who want to do trading but are unable to do it due to lack of sufficient money.  They should save money first and then invest it in trading or elsewhere.  Because how can you invest money in trading if you don't have enough funds.  If you don't have your own money, if you want to trade with the money borrowed from others, then if you face a loss, then all your money will go and you will have to pay the borrowed money even if you sell your necessary land.  So one should not invest in any kind of business or trading without owning enough money

Not for the rich but for those who can afford it. It means that we need money and it is quite difficult for poor people to make it which gives some people the assumption that this is only for wealthy/rich people. But there is a point in saying that because rich people can spend their money in trading without worrying about anything to possibly lose unlike how poor people responded to the situation.

Even though we think it is for everyone, still we consider the capacity of a trader and one must consider if that person has money enough to support their trading journey. Otherwise, all of this is just a dream and ambition.

[Dailyscript]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

This is very relatable. I have freinds that have started trading with little money some even went ahead to borrow money from other sources willing to give them at the end of they day they would return some percentage of that money to them.

The truth is to be successful in trading one needs enough equity. Starting with little money will not help at all, instead it will expose the trader to take high risk which may end up closing the trade. But if there were enough capital they will be able to manage risk by using low lots size and high money for trade. It will also increase balance and reduce unnecessary pressure.

[AakZaki]

Skill traders can make thousands of dollars by using in hundreds of dollars and investing thousands dollars they can make millions of dollars it's true and I seen a few traders.
But with small capital it's too difficult to fill up this goal even for an expert traders, with small capital your profit will be small and take long time.

The capital is small enough to only be used to learn trading, not to make more money consistently. But you also need to know that with just $10 in capital you can earn hundreds of thousands of dollars, this could happen from memecoins that are currently hyped. as in the PEPE coin. Many people have managed to make profits of up to hundreds of thousands of dollars just by buying PEPE before the hype. But to get a memecoin like PEPE is not easy, it also depends on luck.

[terrific]

The truth is to be successful in trading one needs enough equity. Starting with little money will not help at all, instead it will expose the trader to take high risk which may end up closing the trade. But if there were enough capital they will be able to manage risk by using low lots size and high money for trade. It will also increase balance and reduce unnecessary pressure.

Starting with little amount will help you understand that this market is very aggressive. That's the help that I am thinking and the lesson you'll gain from it is kind of helpful to you if you ever decide to pursue it.
But if it's about growing with small amounts, you'll have hard time in doing so because the market is too volatile and you as a trader that want to grow that amount might have hard adjustments from it.

[QuinielaPosible]

The capital is small enough to only be used to learn trading, not to make more money consistently. But you also need to know that with just $10 in capital you can earn hundreds of thousands of dollars, this could happen from memecoins that are currently hyped. as in the PEPE coin. Many people have managed to make profits of up to hundreds of thousands of dollars just by buying PEPE before the hype. But to get a memecoin like PEPE is not easy, it also depends on luck.

You have to be so lucky to buy an altcoin like pepe after launch. I'd say at least 99% of coins are scams.

[Bonny070]

yes trading isn't for everyone, because you don't have money you will not be able to trade at all. I'm not saying trading is meant for the rich alone, you can not use empty pocket and make money.that is while trading required money.you can not catch fish without hook or net.

[Jody.Drummer]

Firstly trading is for everyone and not just for the rich, I understand that you are aiming at financial matters and thus concluding that trading is exclusively for the rich, but can't the rich end up being street beggars if they trade the wrong way? yes obviously, because no matter rich or poor trading is still risky for anyone and also we cannot conclude that poor people will experience losses when they get involved while rich people will benefit, it is not like that because basically whoever it is and whatever their background is still they will be able to get a pretty good profit if they are basically willing to learn from their mistakes that make them experience losses seriously which in turn makes them change for the better and this applies to rich or poor people.

On the other hand I understand that the level of concern of the poor may be much higher about losing money than the rich but you can't just conclude that they will always make mistakes that can end the session with a loss, because mistakes can be made by anyone and do not know the financial background, the point is that if for example poor people want to learn seriously then they can change their financial situation for the better as a result of the hard work and learning process they have gone through.

[Dr.Osh]

Skill traders can make thousands of dollars by using in hundreds of dollars and investing thousands dollars they can make millions of dollars it's true and I seen a few traders.
But with small capital it's too difficult to fill up this goal even for an expert traders, with small capital your profit will be small and take long time.

well, if other people can turn hundreds of dollars into thousands of dollars, and thousands of dollars into much more, then that will also apply to people who have little capital. For example, when he started with $10, he could change that to $100, and that would be within the initial criteria you said.
This is not a matter of poor or rich, but of who has the ability, and has the courage to take risks. The difference is, rich people have a lot of capital, so when they fail, they can try again. However, it is not as easy as we say. However, I feel that anyone can try trading as long as they are willing to take risks.

[MarjorieZimmermanGinger]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Free trading is carried out by anyone who has the ability and is not limited only to the financially rich. Trading can be done by anyone, but without money, how can anyone trade? That's why trading requires capital because there are many risks involved, especially if you don't have any knowledge about trading. Many people have money but do not have the ability to trade because they do not have the knowledge and that is why trading is not only limited to people who have money.

Trading requires knowledge and money to be involved in it, without both we cannot do it. Logically, trading always looks at how someone can make a profit, but if people don't have the knowledge, we will actually be faced with the problem of losses. When someone wants to get involved in trading then one must have some knowledge and money without that never get involved in it.

[Bloodseekers]

Free trading is carried out by anyone who has the ability and is not limited only to the financially rich. Trading can be done by anyone, but without money, how can anyone trade? That's why trading requires capital because there are many risks involved, especially if you don't have any knowledge about trading. Many people have money but do not have the ability to trade because they do not have the knowledge and that is why trading is not only limited to people who have money.

Trading requires knowledge and money to be involved in it, without both we cannot do it. Logically, trading always looks at how someone can make a profit, but if people don't have the knowledge, we will actually be faced with the problem of losses. When someone wants to get involved in trading then one must have some knowledge and money without that never get involved in it.

To be able to trade of course requires knowledge and also capital that they can use to trade and anyone can do this if they can analyze the market well to be able to know the right time to trade in order to make a profit, yes of course this is not entirely about money, but for those who have the ability but no capital, of course they cannot trade, so those two things must be owned by someone who decides to trade.

If we cannot understand trading well, of course we will not be able to make a profit from trading and it would be better for us to have knowledge about trading so that we can make a profit when trading.

[MarjorieZimmermanGinger]

To be able to trade of course requires knowledge and also capital that they can use to trade and anyone can do this if they can analyze the market well to be able to know the right time to trade in order to make a profit, yes of course this is not entirely about money, but for those who have the ability but no capital, of course they cannot trade, so those two things must be owned by someone who decides to trade.

If we cannot understand trading well, of course we will not be able to make a profit from trading and it would be better for us to have knowledge about trading so that we can make a profit when trading.

Simply put, money is important in trading activities because even though you have knowledge, if you don't have money then we also can't get involved in it. The combination of knowledge with money is always marked in achieving success in trading, even though there are great opportunities that we get if someone really understands how to trade correctly. Trading is not easy to do because there is a big risk if someone is not able to make analysis and usually taking risks without the right knowledge will actually make us lose money.

To train trading skills requires knowledge and experience in it so if we don't have money then we can't possibly try to get involved directly. For me, knowledge and money are two important things because we can combine them to practice better trading skills. There are many people who have a lot of money but they have no knowledge about trading so there is no use for that money when it comes to trading.

[Gideon66]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

No, trading is certainly not only for the rich. It certainly true that most people have more capital to invest in trading than others, you can still start up with any amount you have. You should also understand that there are risk involved and there are no guarantee for profits just so you know. That's you can lose your money through this process don't feel too surprised.  There are many successful traders who started with small money they have and has made significant profit. To be successful is to learn, understand the market and come up with possible strategies.

[Nazmul012]

Rich indicates you have healthy amount of capital to manage your trade right? Actually if you have money then it will help you in many ways during trading. For example if you mistake in your technical analysis and loss your Capital, then rest of your money will help you to take another trade and recover your loss. But if you don't have healthy capital, it will be hard for you to restart and recover your a loss. But that doesn't mean without healthy amount of capital, you can't trade! You can start with small amount too but of course in spot trading. Otherwise your account will be zero for your one mistake

[G_Besar]

No, trading is certainly not only for the rich. It certainly true that most people have more capital to invest in trading than others, you can still start up with any amount you have. You should also understand that there are risk involved and there are no guarantee for profits just so you know. That's you can lose your money through this process don't feel too surprised.  There are many successful traders who started with small money they have and has made significant profit. To be successful is to learn, understand the market and come up with possible strategies.

Trading is not only for rich people, but when someone is rich, it will definitely be easier for him to trade even though there is no guarantee that he will get a certain amount of profit. But when someone already has sufficient capital that you can separate for trading, it will actually make it easier for someone to create a strategy after understanding the market through their own learning. And you won't be so surprised when you have to face losses because someone has prepared special capital for this so that it is no longer mixed with the money they use every day.

Meanwhile, for people who start with small capital, of course it will take more time to make that capital grow in the market through the profit targets they expect. Although it is also not bad to do as an initial experiment after someone really understands the market and also knows the best assets in the market itself. But they definitely need more patience and time to be successful through trading because their capital is small, although the level of struggle they have to face is not much different from those who have large capital.

[348Judah]

Trading should be for the fit and not for anyone who may just randomly thought about doing it, because they may not achieve the expected result from it if they are doing it the wrong way, if the rich thinks he has the money, that is just the other requirement or aspect of it, what is needed is to learn how to trade in the first place, whereas we should also not get it wrong because trading is meant for everyone to do as long as we are experienced in doing it.

[Bushdark]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

No, trading is certainly not only for the rich. It certainly true that most people have more capital to invest in trading than others, you can still start up with any amount you have. You should also understand that there are risk involved and there are no guarantee for profits just so you know. That's you can lose your money through this process don't feel too surprised.  There are many successful traders who started with small money they have and has made significant profit. To be successful is to learn, understand the market and come up with possible strategies.

Trading is certainly for everyone that is interested in it. We don't have to see trading as for the rich people because they have the fund to trade and make more money without having to go borrowing just like an average man would do to get funds to trade in the market.
Anyone can trade depending on how knowledgeable we are to make money in the market.
There are so many signal groups one can join to earn from the market and we should always be risk management conscious because to lose funds is as easy as earning it.

[OrangeII]

Trading should be for the fit and not for anyone who may just randomly thought about doing it, because they may not achieve the expected result from it if they are doing it the wrong way, if the rich thinks he has the money, that is just the other requirement or aspect of it, what is needed is to learn how to trade in the first place, whereas we should also not get it wrong because trading is meant for everyone to do as long as we are experienced in doing it.

well, not everyone is suited to trading. I feel that this is one way to make money. It doesn't matter whether they are poor or rich, if they are suitable for trading, then they can take advantage of it. However, even when he is a rich man, but when he is bad at trading, then trading is not suitable for him.
We know that there are many parameters in trading so that we can be successful in carrying it out, such as analysis, risk taking, and many more. If someone is able to do all that, I think he can try to trade. the only difference between poor and rich is the matter of capital in trading

[Kelward]

There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?

Trading is not for the rich alone, neither is it for the very poor, I think that anybody that earns steady income from their work or business can do crypto trading, the amount of income that is earned will determine the level of income that will be used for trading. Therefore crypto trading should be an alternative source of income, where the trader should not solely rely on it to make money, because there's no guarantee that he'll be making profit everytime to take care of his responsibilities. Trading is hard and it's not for the unemployed who're looking for a means to make money, you need to have some money on ground before going into crypto trading.

[armanda90]

I don't think problem with trading ambition be for the rich because many trader want to earn quick profitable in trading behind market volatile and make easily to earn profit than other business way. Actually trading not promising to be rich and consistent earn much profit every order position but many trader want to make trading as main income and earn much profit as bigger possibility.
For trading techniques, every trader has their own way how to trade as short or long term trading but have the same decision to earn much profitable and make trading as the way to get rich.
We just try hard as possible without making small mistakes in trading, if we are not lucky there is still a chance to try again and I think almost 70% of successful traders make their financial condition better in the future.

[shinratensei_]

anyone can start trading irrespective of their wealth status, but i think it should be the norm to be at least fulfilling the basic needs first and then use the money left for trade because that could disrupt the activity.
there are many people that trades with money they can't afford to lose and ended up in the bad state of financial condition you definitely don't want that to happen to you.

considering that trading outcome can never be predicted. I just don't expect anyone to get rich overnight from the trading activities and there are money at stake here, so we are talking about some serious effort of making profit where we might lose money anytime, therefore using money that can't be afforded to lose might motivate someone to go downhill in their financial condition as stated before.

after all, i'm pretty sure that even with $10 you can already start trading, but the important thing to know beforehand is whether the skill is sufficient and the financial condition is stable enough.

[Nrcewker]

Rich people don’t need to trade to make money. They are rich by default. Yes those who worked hard and made some good money, they can continue to do by trading, but they aren’t rich in my perspective. Rich people already have enough money with them. So why they will just work hard to learn the skill of trading and earn money? Yes they can invest in some, where they will just sit and make money.

[AnonBitCoiner]

Rich people don’t need to trade to make money. They are rich by default. Yes those who worked hard and made some good money, they can continue to do by trading, but they aren’t rich in my perspective. Rich people already have enough money with them. So why they will just work hard to learn the skill of trading and earn money? Yes they can invest in some, where they will just sit and make money.

Rich people don't need to trade because they already have a huge amount of cash but have you heard from any rich person that he has enough money? No because nobody is happy with the amount he has and as the amount of money increases so the dreams of a person also increases.

Most of the rich people are involved in both trading and investment because they want to utilize their money to make more money but if they will accept their own money then they will be happy always and will not work in risky fields like that of trading.

[Franctoshi]

Trading isn't something that should be made for only rich Men but whoever that is capable of making profit from the market rich or poor so far you have sustainable source of income, Trading is for you ,so far you understand how to navigate the market and make some profits,  however Trading actually requires big capital to trade but that doesn't mean that you can't make profits trading with small funds.

[RockBell]

Rich indicates you have healthy amount of capital to manage your trade right? Actually if you have money then it will help you in many ways during trading. For example if you mistake in your technical analysis and loss your Capital, then rest of your money will help you to take another trade and recover your loss. But if you don't have healthy capital, it will be hard for you to restart and recover your a loss. But that doesn't mean without healthy amount of capital, you can't trade! You can start with small amount too but of course in spot trading. Otherwise your account will be zero for your one mistake

You can say that the rich has a greater opportunity of making more money because of the advantage they have in capital. Compare to people that have to struggle to be able to get capital to invest. And they invest heavily and so is there profit if not for that, bitcoin is actually for everybody but we all can not invest the same amount, your investment will now be according to what you can afford. And if is about bitcoin i think people with hudge capital will prefer to hold than trade since it actually involves a lot of money they will go for what is safe. And holding is much more safer than trading. Because imagine after investing good money and analysis fails God help us.

[Natsuu]

Rich indicates you have healthy amount of capital to manage your trade right? Actually if you have money then it will help you in many ways during trading. For example if you mistake in your technical analysis and loss your Capital, then rest of your money will help you to take another trade and recover your loss. But if you don't have healthy capital, it will be hard for you to restart and recover your a loss. But that doesn't mean without healthy amount of capital, you can't trade! You can start with small amount too but of course in spot trading. Otherwise your account will be zero for your one mistake

However more money or larger capital doesn't equate profitability. It just means that you have more to risk in the market and with the minimum leverage you can last long enough in the market and be able to predict future moves. Which means, you don't need more money trading. You just need a system to trade consistently and risk management to be able to last long enough in the market.

It's true that you can start in any amount. You can even start with zero using paper trading account and still be able to participate in live markets.

[jrrsparkles]

Not necessarily, especially crypto market comes with low possible amount to deposit and trade that makes someone with even $50 or 100 can start doing it. But to be profitable it's important to have decent capital for sure and it may take time for people to accumulate before starting their trading career. Rich people can afford to make mistakes while people with limited capital it can put an end.

[Zanab247]

Rich people don’t need to trade to make money. They are rich by default. Yes those who worked hard and made some good money, they can continue to do by trading, but they aren’t rich in my perspective. Rich people already have enough money with them. So why they will just work hard to learn the skill of trading and earn money? Yes they can invest in some, where they will just sit and make money.

They have many businesses that is bringing profits to them, which are some of the reasons they don't like to show interest in trading because they know that is full of risk, and they don't want to lose what they have achieved from their businesses.

Rich people don't want to involve themselves anything that will give them blood pressure when they lose, and they will prefer to spend their money in estate business where they don't use to struggle to make money.

Those that want to improve financially are the people that want to go into trading because they are ready to look for the money to start trading, to ensure they become a wealthy man or woman in the future and they have seen many people who use trading to make their future brighter.

[GeorgeJohn]

Not necessarily, especially crypto market comes with low possible amount to deposit and trade that makes someone with even $50 or 100 can start doing it. But to be profitable it's important to have decent capital for sure and it may take time for people to accumulate before starting their trading career. Rich people can afford to make mistakes while people with limited capital it can put an end.

a normal circumstances I think that any person who want to venture into trading have to understand the rules and the regulations of trading and also know they amount that is supposed to use for trading so that whenever it loses for the trading it will not affect him or her that much because some persons do entered into trading with a large amount of money thinking that they will make profit because they know that the higher the amount of money do deposit in Trading the higher the profit you make and the lower the money you deposit in Trading the lower profit you make so some people because of that like to deposit a higher amount so that they will make a large profit, so is not good in such, learning is the determinate factor.

[Dewi Aries]

I think we cannot rule out the fact that there are some traders who have made a fortune from the world of trading, meaning that trading is not only for those rich people who have abundant money, on the other hand I understand that money is the main requirement for someone involved in the world of trading to seek profit, but it is still useless no matter how rich you are if you do not learn various things related to the world of trading well then obviously in the end you will end up being poor.

Money is indeed the main requirement, but in the end I think it comes back to the sincerity of each person, because after all someone who has strong intentions and determination then surely they will be able to take advantage or create opportunities to be made as an opportunity, if for example your income is only enough to make ends meet but on the other hand you have strong intentions and determination to get involved in the world of trading by learning various things based on hard work then I think you will not give up just because of the situation and circumstances that ultimately only create delays, because after all you can never progress if you don't make changes, meaning you need to find additional income to finance your involvement in the world of trading, so in my opinion trading is not only for those rich people but for people who have a strong intention and determination to learn along with having the courage to take risks regardless of rich or poor.

[OrangeII]

Not necessarily, especially crypto market comes with low possible amount to deposit and trade that makes someone with even $50 or 100 can start doing it. But to be profitable it's important to have decent capital for sure and it may take time for people to accumulate before starting their trading career. Rich people can afford to make mistakes while people with limited capital it can put an end.

yes that's correct. Doing trading doesn't mean you have to be rich, in fact people can become rich by trading. However, we need to be aware and understand the risks of trading. The worst risk is that we lose all the assets we own. However, if you are used to trading, I think the worst thing is losing most of the value of the assets we own. However, trading is for anyone who is willing to accept the risks.

[arwin100]

Not necessarily, especially crypto market comes with low possible amount to deposit and trade that makes someone with even $50 or 100 can start doing it. But to be profitable it's important to have decent capital for sure and it may take time for people to accumulate before starting their trading career. Rich people can afford to make mistakes while people with limited capital it can put an end.

yes that's correct. Doing trading doesn't mean you have to be rich, in fact people can become rich by trading. However, we need to be aware and understand the risks of trading. The worst risk is that we lose all the assets we own. However, if you are used to trading, I think the worst thing is losing most of the value of the assets we own. However, trading is for anyone who is willing to accept the risks.

Some think about that since they easily got discourage on small profits they get from small capitals they trade. They want to earn fast cash that's why they though about this is only for those who have huge capital to earn big.

They forgot to realize that if they are just consistent on trading and to learn a lot of things that can help them on their trade for there are probabilities that the small amount they use will became huge especially if they have good learnings and good decision making towards the coins they are trading. Somehow its really hard to gain from trading since everything is unpredictable there, But if they are consistent and willing to learn from multiple sources then maybe the result will came different and the small amount they use will became more bigger due to the learnings they get about trading.

[Uhwuchukwu53]

Rich indicates you have healthy amount of capital to manage your trade right? Actually if you have money then it will help you in many ways during trading. For example if you mistake in your technical analysis and loss your Capital, then rest of your money will help you to take another trade and recover your loss. But if you don't have healthy capital, it will be hard for you to restart and recover your a loss. But that doesn't mean without healthy amount of capital, you can't trade! You can start with small amount too but of course in spot trading. Otherwise your account will be zero for your one mistake

Yes trading is not just for the Rich, but the rich have an edge over the market in the place of loss due to technical analysis problem Nazmul012 stated that speaks volume in my heart, many with financial survent into trading can easily fall back and still gain their loss when their focast is going against the real market structure but very difficult for anyone who can't afford such finance.

But most cases one may be technically inclined and still gain ground during the trading without have much finance to Carter loss if any occurred , such people don't speculate so high in there technical analysis but only target smaller profit which can't even be see as 50-50 ratio of loss or gain the target always fall below this kind of market range why trading and still make something out of it.
Some may be also financial ok but still speculate or predict high and continue lossing in the trade I believe the trading is deem fit for any kind of individuals weather rich or poor but what retain you is the ability to trade with good analysis.

[$crypto$]

Some think about that since they easily got discourage on small profits they get from small capitals they trade. They want to earn fast cash that's why they though about this is only for those who have huge capital to earn big.

They forgot to realize that if they are just consistent on trading and to learn a lot of things that can help them on their trade for there are probabilities that the small amount they use will became huge especially if they have good learnings and good decision making towards the coins they are trading. Somehow its really hard to gain from trading since everything is unpredictable there, But if they are consistent and willing to learn from multiple sources then maybe the result will came different and the small amount they use will became more bigger due to the learnings they get about trading.

I prefer small income but I get it consistently, rather than getting big profits but we only get it occasionally and we get more losses. As long as we are consistent, we can have greater capital later, because we can accumulate the profits we get over time.

There is no guarantee that by bringing large capital we can get big profits, because when we experience losses, the losses we will incur will be greater than if we brought small capital.

What's difficult is being consistent, because we can't just get consistency. We have to learn more to make the trades we make run well and also generate consistent profits.

[boty]

Some think about that since they easily got discourage on small profits they get from small capitals they trade. They want to earn fast cash that's why they though about this is only for those who have huge capital to earn big.

They forgot to realize that if they are just consistent on trading and to learn a lot of things that can help them on their trade for there are probabilities that the small amount they use will became huge especially if they have good learnings and good decision making towards the coins they are trading. Somehow its really hard to gain from trading since everything is unpredictable there, But if they are consistent and willing to learn from multiple sources then maybe the result will came different and the small amount they use will became more bigger due to the learnings they get about trading.

I prefer small income but I get it consistently, rather than getting big profits but we only get it occasionally and we get more losses. As long as we are consistent, we can have greater capital later, because we can accumulate the profits we get over time.

There is no guarantee that by bringing large capital we can get big profits, because when we experience losses, the losses we will incur will be greater than if we brought small capital.

What's difficult is being consistent, because we can't just get consistency. We have to learn more to make the trades we make run well and also generate consistent profits.

To be able to get a consistent income from trading is not easy, of course we have to have good experience and skills in the field of trading and if someone can get a consistent income from trading of course that is very good because it takes a long time for us. to be able to understand trading so that you can generate consistent profits.

You are right, the capital we use in trading and the profits we will get from trading will certainly be different, if we use small capital of course the profits we will get will also be small but with large capital we will get big profits but we We must be able to properly understand the risks we will face if we don't want to lose the money we use for trading.

[Natsuu]

Money is indeed the main requirement, but in the end I think it comes back to the sincerity of each person.

It is not about how rich you are starting on trading. Only the strong survives in here. More money just means you have more money to lose because you have bigger margin. That's it. Even if you have big capital, if you use leverage incorrectly, the money you invested in will melt instantaneously. There are many tools that are beneficial but should be used responsibly. That's why instead of focusing on the money, the focus should be in building good habits. The correct risk management, exposure, leverage, and the consistency of setups you are taking. It's a lot. That's why again, only the strong remains.