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Author Topic: Trading is hard!!!  (Read 1352 times)
Markiehillz (OP)
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December 09, 2023, 06:46:18 PM
 #1

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️
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Dr.Bitcoin_Strange
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December 09, 2023, 07:10:18 PM
 #2

The only person that can picture trading as a Ponzi or get rich quick scheme is someone who doesn't have a proper knowledge about cryptocurrency. Out there, a good number of people do not have concrete knowledge about Bitcoin, crypto, not even trading, they probably heard some misinformation from another inexperienced users and therefore get convinced by the small information they have got from that person. Trading is not very easy even from the start to when you become more experienced, although it also depends on the kind of trader the person is, some persons are leveraging while some are only spot traders and based on my own experience, spot trading is less of a risk compared to leveraging.

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Markiehillz (OP)
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December 09, 2023, 07:44:10 PM
 #3

The only person that can picture trading as a Ponzi or get rich quick scheme is someone who doesn't have a proper knowledge about cryptocurrency. Out there, a good number of people do not have concrete knowledge about Bitcoin, crypto, not even trading, they probably heard some misinformation from another inexperienced users and therefore get convinced by the small information they have got from that person. Trading is not very easy even from the start to when you become more experienced, although it also depends on the kind of trader the person is, some persons are leveraging while some are only spot traders and based on my own experience, spot trading is less of a risk compared to leveraging.
well said, another thing knowing ones risk appetite.
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December 09, 2023, 07:51:22 PM
 #4


if they are dumb enough to see trading as ponzi scheme then certainly they didn't understand it and exactly the reason they failed.

the success stories of traders are enticing that is why when they say they are just following certain trading strategy laid out by someone like when two moving averages cross paths, you can sell, and when boom. earn thousands a day.  some of it is true but because every trend is different, a strategy doesn't work all the time.










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December 09, 2023, 08:06:50 PM
 #5

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.

Trading is not hard, it's the learning procedures, time and requirements that are needed is what makes it more of being difficult to learn, same thing also is applicable to other aspects in life, we have to learn them before getting used to them, but some don't really like the process, the end result is what they were after for an achievement, then they must also understand that trading is not a quick means of making money even though someone can make money out of it, but there's no certainty on what may be the outcome at last.

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December 09, 2023, 09:47:34 PM
 #6

Trading is indeed hard and should be taken seriously, it take years before you actually win in trading using your own strategy. I also don’t know why there’s a hype about trading especially claiming that its easy to make profit here.

We have to understand the possible risk, analyze based on our own timeline and of course trade carefully. It took me years before I can actually have confidence in trading and even up today, I’m still learning because the market is still unpredictable and didn’t stop from growing.
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December 09, 2023, 09:59:45 PM
 #7

Trading is hard for those who don't know how to trade. But for those who have the knowledge and skills in trading, it won't be harder for them. In fact, it will be an advantage for them to learn trading because it could bring them life changing profits that will definitely change their whole lives. However, trading can be learned for those who have the willingness and the eagerness to learn, but it will take months or even years before a trader will definitely learn everything what is there to learn with trading.

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December 09, 2023, 10:19:25 PM
 #8

I don't think people see trading as ponzi but I think the mindset of many are the same and that is when they see someone excel and boasts his profits from it.
They think that if it is working for that person then it may also work for them and that's why they'd try it even without prior knowledge and experience.


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December 09, 2023, 10:24:07 PM
 #9

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️
Those who actually see trading as a get rich quick scheme are those people who don't really know what trading is. Because if they really do, they will never expect to get easy profits from trading but will work hard on it and become skillful and strategic at first before they can see real profits. Trading requires a lot of patience and perseverance, otherwise those traders will end up losing in the market because they consistently trade even if the market is against on their trades.

However, there are also responsible traders who really know the value of trading, and that trading will only be successful and profitable if they are aware how to deal with the market's volatility, and that they remain patient and calm when the market is not good to trade.

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December 09, 2023, 11:38:52 PM
 #10

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.

Trading is not hard, it's the learning procedures, time and requirements that are needed is what makes it more of being difficult to learn, same thing also is applicable to other aspects in life, we have to learn them before getting used to them, but some don't really like the process, the end result is what they were after for an achievement, then they must also understand that trading is not a quick means of making money even though someone can make money out of it, but there's no certainty on what may be the outcome at last.

For those who already understand the basics of trading, there may be no difficulties in trading, it's just that many of them have the wrong mindset from the start because they consider trading as a way to get rich quickly. If they have a mindset like this I am sure 90% of traders will fail. And things like this every year there are always many people who enter the world of trading with the same mindset. Before trading, your mindset about trading should be changed first.

Apart from that, they must also be able to understand trading psychology or trading psychology. Because these two things are a way for traders to get consistent profits but also a way to recover when they fail in trading. Because with psychological trading we can overcome trauma, overcome fear, overcome FOMO, control money management, and control risk and reward so that traders become successful and successful but also calm traders.

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December 10, 2023, 12:18:41 AM
 #11

It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
this. exactly the thing thats in my mind, some people just want to spend some few hour to learn for earning money and expecting something big from it that gonna be changing their life like instantly becoming rich meanwhile they study some obsolete course for that long time and not even guarantee that they'd succeed afterwards, trading is indeed hard and only few people are succeeding.

meanwhile those people that said trading are ponzi and get rich scheme are definitely the very person that'd just throw their money into the shittest coin in existence and complain about losing their money afterwards.
this is what happening when some people that absolutely have no knowledge trying to do something they just always do be pulling some random investment and thinks they are victim then things doesn't go as they planned.
trading is difficult and everyone should know it.

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December 10, 2023, 04:13:02 AM
 #12

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️

I guess you have really seen SHEGE BANZA in the trading space 🌌 yes it's hard you have to be disciplined like a child 🚸 going to school, and also put things in place like do your assignments, you know like waking up early and many more you have to put in place. So yeah I agree 💯👍 it's hard but when you looked back to where you are now you will be Thankful that you didn't give up.

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December 10, 2023, 04:32:18 AM
 #13

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️
Trading is not easy it is definitely very hard. If it was easy everyone would be trading and get rich quick no one would work hard.  Profiting from trading requires a long experience and luck as well.  Because no one can say with guarantee which coin will pump when.  To make a possible prediction of this, you must have the ability to do market analysis and have long experience in trading. Even with all these requirements you cannot guarantee profit



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December 10, 2023, 08:09:31 AM
 #14

I do not agree with you. Learning the basics of trading and reading patterns does not require 5 years of study, and you can learn them from home in less than a year. However, applying these strategies so that you have an intuition about trading is what makes you turn ideas into money. Reaching such an intuition may take months or years depending on factors. It varies from one person to another, but the bottom line is that learning to trade does not require a lot of time.

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December 10, 2023, 08:14:49 AM
 #15

I do not agree with you. Learning the basics of trading and reading patterns does not require 5 years of study, and you can learn them from home in less than a year. However, applying these strategies so that you have an intuition about trading is what makes you turn ideas into money. Reaching such an intuition may take months or years depending on factors. It varies from one person to another, but the bottom line is that learning to trade does not require a lot of time.

Very well said, to understand the basics is easy and something we all will do pretty fast same as with everything but applying the idea to action and go out and getting profit and profit in real life is harder. But no risk no reward but at the same time if we not are cautious we can go into big loss very fast so we need to find a good balance that work for us personally.

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December 10, 2023, 08:15:36 AM
 #16

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️
Trading is not easy it is definitely very hard. If it was easy everyone would be trading and get rich quick no one would work hard.  Profiting from trading requires a long experience and luck as well.  Because no one can say with guarantee which coin will pump when.  To make a possible prediction of this, you must have the ability to do market analysis and have long experience in trading. Even with all these requirements you cannot guarantee profit
I agree; trading is not an easy thing, and it would never be. Even experienced traders often lose trades, which costs them money. That's why I'm getting annoyed by the people on the internet who are flexing their luxury and achievements from trading, which is their strategy to attract potential investors. It would look like trading is easy, but it never is. They show the good things about trading but never the bad side of it. You see, they have also lost trades, which is very common, but they are showing that they are not to attract investors to avail themselves of their services, such as signals, or that they are the ones that will handle other traders trading accounts. Trading will never be easy, so if someone here is new to trading, then better think again. If you can handle the risk and the hardship of trading, then you will survive, but if you do not have a weak heart for trading, then better build yourself first.

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December 10, 2023, 12:18:20 PM
 #17

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️

Trading is hard, no cap about that. Let assume you are new trader that is just into the game of trading and you summon courage to start trading, you learn the basic knowledge and the studies to start trading and you fund your account and start doing something for yourself, that worth more than anything because trading is hard, anyone that give it a try to succeed seriously need to be given a medal. But in the process, the hard part of it makes many people to quit because many of them are been miss guided about trading and the social display of traders makes it look easy on the outside.

I hope you do know that many people that shows that they are traders are not even real traders, many of them impersonate some successful traders and investors just for impression to scam people that don't know much about trading, even those that teach trading courses don't trade, they only depend on their trading courses and the revenue they get from people that views their vidoes especially platforms like Youtube and Udemy.

To trade is to be smart and to be smart is to take money from market makers and they are more smart than you because they have been here for ages and they don't want you to take any money from them. Trading is hard but we have people that makes thousands grands from it and make living comfortably from it.

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December 10, 2023, 12:45:01 PM
 #18

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.
It's also so funny how some wants to learn a life changing skill in two weeks or a month, meanwhile they spend 4-5 years studying an obsolete course.
People with a rush mindset are more likely to fall victim to a scam because they appear greedy.
How can you learn life-changing skills in a matter of days when it takes 5 years to receive a degree?
How do you propose to make a 10x return on your investment in such a short amount of time? Isn't that greed?

Many people who think in that manner are constantly eager to make money, and they are more likely to fall for scams because they are always interested in seeing what will double or triple their money in a short amount of time.

Quote
Trading like any profitable venture takes time, perseverance and consistently developing and sharpening your skill to be profitable.
In trading you'll fail a thousand times but it's your ability to pick yourself that differentiate you from the lot. Pay for knowledge to shorten your learning time,else you'll learn and you'll learn the hard way.
Develop yourself, pay for knowledge,give time to your craft,pick yourself up any time you fail.
The sky will be your starting point 🕊️❤️
Many people rely on trading to feed themselves and their children, and they do very well, but it takes time for them to adapt because most of them have been learning about it for a long time. As a result, life is a gradual process in which you must learn before you can obtain what you desire; if you learn about trading perfectly, you will receive your reward regardless of how long it takes you to master it.


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December 10, 2023, 01:08:00 PM
 #19

Trading is as easy as we think in reality trading is not that easy. There is a lot to know about trading and a lot to learn about trading so trading is very difficult. If a trader gets a good idea about trading and if he trades with a good idea then his profit will be more than his loss. If there is a temporary loss after taking a trade then there is no need to get excited but wait for better times. If we can wait for good time without getting excited then that trading will definitely give us profit. I have noticed few times that after I have accepted the trade the market has gone down a lot at that time I worried about my trade but got excited and didn't sell my trade at a loss and waited for good time and I got a good amount of profit. To get profit from trading we must have enough patience and we have to wait.

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December 10, 2023, 01:26:41 PM
 #20

It's funny how people see trading as a Ponzi or get rich scheme. They end up losing there hard earned money in the chase for more money.

Trading is not hard, it's the learning procedures, time and requirements that are needed is what makes it more of being difficult to learn
Getting frequent profit and limiting your loss to little is the hardest since it's the main purpose of trading, learning is just part of it. Even you learn all those things getting profit won't always be possible, you need to master it. Because when you master all of these things — knowledge/skillset, discipline, and emotional control. Then trading and getting profit or getting your expected outcome will always be possible.

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