Trading is hard!!!

[BitcoinTurk]

Spending money is really that easy peasy but on the time you would tending to earn it then it would really be that pain in the ass on which you would really be needing tons of ways or methods on how you would really be that increasing your income on which in todays years or era where economic issues and conditions are shit on which making or earning money would really be that so hard, unless if you are having that high position or ranking then it might be considerable but if not on which you are living on an average pay kind of life then even paying up your monthly bills would really be that hard. This is why some people would really be finding trading to be some sort of their option. I'm not saying that it is impossible but it would really be a very challenging thing if we do speak about being consistent.

There's no way that we wont really be able to experience the bitter sweet condition on which it is really just that right that you would really be needing to adjust if you do really want to sustain yourself. It would really be involved by tons of trials and errors before you would really be able to make yourself be able to handle into this market.
It is really just that an option to take by someone whether they would be making this as a side job or would be going full time.

Yes, it seems like it is quite easy to make money with many methods we have heard or seen but when we take an action we learn that every mistake results in an experience and that it is very difficult to make money in today's conditions. Especially since the experiences I mentioned are gained by losing money, unfortunately, we often gain experience by encountering painful consequences. In today's conditions, the fact that many people who don't have a good salary and don't earn any additional income have difficulty just meeting their bills and other expenses can be enough to understand how difficult it is to earn money.

The fact that every experience in the financial markets is painful actually proves that making money by trading isn't as easy as it seems and money isn't easily obtained. Unfortunately, every individual learns this not only with knowledge but also with bitter experience by losing money when they try to trade. In order to make money in a controlled manner especially in financial markets, every individual must encounter many failures and learn from all kinds of experiences. Unfortunately, gaining knowledge simply by reading other people's comments or experiences isn't enough to become a successful trader.

Unfortunately, it isn't an easy thing to have a successful additional income method or to do as a full-time job and to continue one's life by earning money in this way. While having a lot of experience and knowledge is the most important point here, unfortunately, it isn't possible to earn money by trading immediately or continue this full-time as this process takes a lot of time.

[1715077460]

1715077460

[Nrcewker]

Just HODL its the only way to go, and buy the narative.

This is not trading mate, this can be termed as investing. Here you just buy the assets and hold it for long time as long as you can. At some point you sell these assets and then you calculate the profit. On the other hand trading is something, where you trade the assets or coins according to the market needs in order to yield maximum profit from it. I know trading is hard, it’s like other tasks which has high risk and high returns. So how we can make trading easier? By gaining more knowledge and experience.

[Fuso.hp]

It's funny how YouTubers successfully influenced newbies that trading bitcoin is a get rich quick. Not realizing the fact that trading alone is hard, and it will be much harder when we say what you are going to trade is bitcoin which is certainly a high-risk asset. And the reason why such traders quickly enter the market to trade because of their hunger for profits, even though they are still in the process of learning bitcoin trading.

However, trading is hard and will always be. But once you get used to trade and you already accept the reality that there are inevitable losses in trading, then maybe you will easily understand how to trade Bitcoin successfully.

After watching such videos of various YouTubers, many people get inspired and decide to start tedding. YouTubers have plenty of reasons to be motivated by watching videos. YouTubers videos show that they have taken many futures trading and they have made hundreds of times profit in all futures trading. When they publish their video's thumbnail many new members are inspired by watching all the videos and they think it's very easy and they will be 100% successful if they buy any coins with money or follow youtubers videos. People who think trading is so easy, when they actually trade, they realize that trading is not as easy as they thought. I find YouTubers videos funny because many times they use other people's screenshots just to get views and basically they have very little idea about tedding.

[fredericktaylor]

Making money by trading is not an easy thing because trading requires many strategies or skills that not everyone can acquire.Trading crypto currency is a matter of patience for those who can apply this strategy or skill. The key to trading is when you invest. Another thing is that after investing, you can't do anything in haste, you have to sit patiently and trade at the right time.

[gabbie2010]

It's funny how YouTubers successfully influenced newbies that trading bitcoin is a get rich quick. Not realizing the fact that trading alone is hard, and it will be much harder when we say what you are going to trade is bitcoin which is certainly a high-risk asset. And the reason why such traders quickly enter the market to trade because of their hunger for profits, even though they are still in the process of learning bitcoin trading.

However, trading is hard and will always be. But once you get used to trade and you already accept the reality that there are inevitable losses in trading, then maybe you will easily understand how to trade Bitcoin successfully.

After watching such videos of various YouTubers, many people get inspired and decide to start tedding. YouTubers have plenty of reasons to be motivated by watching videos. YouTubers videos show that they have taken many futures trading and they have made hundreds of times profit in all futures trading. When they publish their video's thumbnail many new members are inspired by watching all the videos and they think it's very easy and they will be 100% successful if they buy any coins with money or follow youtubers videos. People who think trading is so easy, when they actually trade, they realize that trading is not as easy as they thought. I find YouTubers videos funny because many times they use other people's screenshots just to get views and basically they have very little idea about tedding.

Personally I considered those YouTubers  trading videos as an avenue to make money from number of views the higher the number of view the  higher money they earned I see no reason why would newbies after watching those videos just fell to trick of getting rich quickly through trading Bitcoin without any prior knowledge of trading,  they think trading is all about when price is below a Moving Average MA or EMA sell when price is above buy untill they got funded a start real Live trading before reality set in that is when they knew that trading is hard after incurring streak of losses and consequently got liquidated, infact some of them started trading with high leverage.

[Justbillywitt]

Making money by trading is not an easy thing because trading requires many strategies or skills that not everyone can acquire. Trading kipto currency is a matter of patience for those who can apply this strategy or skill. The key to trading is when you invest. Another thing is that after investing, you can't do anything in haste, you have to sit patiently and trade at the right time.

I agree with you trading requires lots of patience for someone to make profit from it. Also the right knowledge and principles must be followed. I would say that someone who is not patient enough should not be venture into trading.

[Casdinyard]

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.

Or trading for that matter. People will generally condemn before investigate on what they can't understand. And to that regard we have people who, as you've said, hate on trading and cryptocurrency, saying that it's nothing but a get-rich-quick scheme.

To tell you the truth in all your lifetimes the average trader will only ever have a breakeven score if we tally up all his trading positions. That isn't to say that you're going to be the same way but that just means you can't be calling anything a ponzi scheme if in general you just earn what you lost over time. Not to mention the fact that it takes months and sometimes even years of knowledge gathering and education for you to become an effective trader. That alone disrupts the notion that trading is a get-rich quick scheme.

I feel like the only people who would spread shit like these are those who tried to trade on crypto, lost their first trade, and stayed bitter about it up till now. They thought that bitcoin/crypto trading would give them the big break they need cause they heard and saw the news of bitcoin reaching insurmountable heights, and when they tried to take a piece of the pie their hands got slapped by reality. Truly pathetic people.

[tjtonmoy]

Trading is a hard no doubt about that. It is also not for everyone. As OP has mentioned, those who can stick to it till the end wins the prize. Those who say that it's a Ponzi scam, are the ones who lack in knowledge. Lack of knowledge is the only thing that keeps them from believing what trading actually is.
Maybe it's a get rich quick process but you need to acquire that kind of skill to make it happen. If you're lacking experience or skills, you will just fall out of it. And it is a common thing to lose in trading. You lose, someone else make profit out of it. Someone else lose, you make profit out of it. That's how it works. If people don't understand it, they can't value what trading is.

[cafter]

Trading is a hard no doubt about that. It is also not for everyone. As OP has mentioned, those who can stick to it till the end wins the prize. Those who say that it's a Ponzi scam, are the ones who lack in knowledge. Lack of knowledge is the only thing that keeps them from believing what trading actually is.

I have seen many people who are trading and learning constantly but still they are not profitable,
I don't know why some kids are profitable (I seen interviews) and other people who are trading for decades take courses from other traders or attend seminars from other traders.
they are still learning and not profitable, I have seen some seminars on youtube and interviews.

[Mauser]

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 something that has been around for hundreds of years and I would say it's even part of human’s nature. Not everybody owns the same things, so people need to come together and exchange their assets for people to get their things they want. As part of that trading there will always be a winner and loser, even if the difference is only small. Making a profit in trading has been a profession for a long period of time. Back in the old days, before planes it was the merchants that would sell part of their ships to investors that want to make a profit. That profit is based on the risk involved, as there is no guarantee that profit is going to be paid. Evaluating that risk and making sure we remain profitable over a longer period of time is difficult, but I would never say it's a Ponzi scheme. As long as we are learning from our trading mistakes and make sure that we don't repeat them it will be alright. There is no trader in the world that is 100% correct with all his trades. As long as we achieve a 55-60% success rate on our trades we will be fine. Also, there is no real alternative to trading and investing, because the savings account will never make enough return to offset the inflation rate. 

[terrific]

I would say that someone who is not patient enough should not be venture into trading.

Yes.
Trading isn't for the impatient people and if you don't have this, you better stop trading because this is going to be the major fall down of that trader when he can't be patient at all times.
The market is volatile and so rapid but as a trader, with those factors you need to remember on how you should apply patience for all of your trades.

[Kelvinid]

Trading is a hard no doubt about that. It is also not for everyone. As OP has mentioned, those who can stick to it till the end wins the prize. Those who say that it's a Ponzi scam, are the ones who lack in knowledge. Lack of knowledge is the only thing that keeps them from believing what trading actually is.

I have seen many people who are trading and learning constantly but still they are not profitable,
I don't know why some kids are profitable (I seen interviews) and other people who are trading for decades take courses from other traders or attend seminars from other traders.
they are still learning and not profitable, I have seen some seminars on youtube and interviews.

That tells us that even learning from experts or from professionals who have a successful trading story couldn't assure that we do and act like them. They are just showing steps based on the predictable price, not based on the real market. We have to note that the market is too volatile and this is the reason why we often fail due to our different market approach and thinking. I was certain that we couldn't have the same response to the market movement especially if we are using different coins. Expert has their secrets which they never tell during seminars and that is their ticket to success.

[tjtonmoy]

I have seen many people who are trading and learning constantly but still they are not profitable,
I don't know why some kids are profitable (I seen interviews) and other people who are trading for decades take courses from other traders or attend seminars from other traders.
they are still learning and not profitable, I have seen some seminars on youtube and interviews.

It's the ability to adapt to your surroundings. Those who are learning for decades, they are learning something that is outdated and a fixed strategy that cannot be applied everywhere. In this evolving cryptocurrency market, if you are stuck with only one strategy you cannot compete with others. So it does not matter for how long you have been learning. If you don't have the ability to combine everything and come up with a new strategy according to the ever-changing market condition, you cannot be a profitable trader.

If everyone use the same strategy, there will be no point and competition in the market. And someone's lost is other one's profit. That is why people come up with new strategies on their own in order to keep themselves on top.

[cafter]

I would say that someone who is not patient enough should not be venture into trading.

Yes.
Trading isn't for the impatient people and if you don't have this, you better stop trading because this is going to be the major fall down of that trader when he can't be patient at all times.
The market is volatile and so rapid but as a trader, with those factors you need to remember on how you should apply patience for all of your trades.

also patience in long terms is also important, because in need of getting everything early cause us to focus on different things and difference interests which wastes out time.
in trading also and in life too, Being patience is key, impatient traders take wrong trades more often like I used to do, Because i whole time seeing the chart and quick spikes cause me to take a trade.
which came out to be a losing trade, so now i just use tradingview reminder if a price come to certain price. and be patient.

[Mpamaegbu]

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.

Yes, it's not supposed to be easy because it's a profession. This is the mistake many make, thinking that trading is a past time or something of leisure. No, it's not. It's serious business. It's a profession on its own like any other high paying profession. It's not less of a profession than medicine or engineering. People don't become doctors or engineers overnight. So, why should someone expect to be profitable overnight trading? Nothing good comes cheap or easy. That maxim is apt for trading.

[justdimin]

Trading is a hard no doubt about that. It is also not for everyone. As OP has mentioned, those who can stick to it till the end wins the prize. Those who say that it's a Ponzi scam, are the ones who lack in knowledge. Lack of knowledge is the only thing that keeps them from believing what trading actually is.

I have seen many people who are trading and learning constantly but still they are not profitable,
I don't know why some kids are profitable (I seen interviews) and other people who are trading for decades take courses from other traders or attend seminars from other traders.
they are still learning and not profitable, I have seen some seminars on youtube and interviews.

Not a ton of people would be like that. If you learn, and I mean like really learn by studying to be a great trader, and if you become veteran at trading by trading a ton, then you should be considering the way you could make a profit. I get that it is not going to be easy, and yes there are few people who do not make profit even after trading for a long time, but that doesn't mean that we are not going to make that profit.

So, we should consider the option of making a profit slowly, and that could be something that should matter, we are going to end up with a greater deal. I get that it is not going to be a simple thing, but it is also not impossible neither. Give it enough time and you should get better at trading and make some profit.

[tjtonmoy]

Not a ton of people would be like that. If you learn, and I mean like really learn by studying to be a great trader, and if you become veteran at trading by trading a ton, then you should be considering the way you could make a profit. I get that it is not going to be easy, and yes there are few people who do not make profit even after trading for a long time, but that doesn't mean that we are not going to make that profit.

So, we should consider the option of making a profit slowly, and that could be something that should matter, we are going to end up with a greater deal. I get that it is not going to be a simple thing, but it is also not impossible neither. Give it enough time and you should get better at trading and make some profit.

Here is the thing, when people focus both on profit and also learning while doing trading, they are not going to be successful at it. Because when you focus on profit, your mind diverts from learning to money. While you are learning you should only focus on gaining the knowledge and experience and never focus on profit.
If you keep on learning and do everything bye your strategy, you will end up with profit that you didn't want. It becomes like a natural thing. You don't run after profits instead, profit finds you.
And don't give up just because you are losing. Losing is also a part of the process. So you better trust the process.

[tottong]

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.

Outdated methods may be more about how someone goes about business development because they take a lot of time to start learning them. Meanwhile, trading can be learned in a short period of time, but it still carries a level of risk of loss even though we have studied it correctly according to what we have learned.

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

Now there are many mentors who teach how to trade and maybe people also need to examine the mentor's ability to teach the correct way to trade. Trading cannot always produce profits even if people are experienced enough in trading.
But what differentiates people who are experienced or not is how they deal with subsequent trades. Usually experienced people will try to recover previous trading losses in the next trade and they will be much calmer in dealing with these losses.

[FinePoine0]

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 🕊️❤️

Cryptocurrency requires knowledge, especially when it comes to trading I think it is important to have the most knowledge. The more experienced a person is about the market, the more profitable he can be in trading. Especially if you have the ability to take risks then you should hold on to a little trading so that you don't panic even if you lose. There are many traders who panic when a small amount of loss increases. If you have knowledge and understanding of the market in trading, you will surely succeed.

[EarnOnVictor]

Trading is a hard no doubt about that. It is also not for everyone. As OP has mentioned, those who can stick to it till the end wins the prize. Those who say that it's a Ponzi scam, are the ones who lack in knowledge. Lack of knowledge is the only thing that keeps them from believing what trading actually is.

I have seen many people who are trading and learning constantly but still they are not profitable,
I don't know why some kids are profitable (I seen interviews) and other people who are trading for decades take courses from other traders or attend seminars from other traders.
they are still learning and not profitable, I have seen some seminars on youtube and interviews.

That tells us that even learning from experts or from professionals who have a successful trading story couldn't assure that we do and act like them. They are just showing steps based on the predictable price, not based on the real market. We have to note that the market is too volatile and this is the reason why we often fail due to our different market approach and thinking. I was certain that we couldn't have the same response to the market movement especially if we are using different coins. Expert has their secrets which they never tell during seminars and that is their ticket to success.

Hmmm, and who told you there is one expert's secret somewhere? There could be some stingy experts who are secretive truly, but I must tell you that the majority of them are not like that, especially those who are teaching others how to trade. They will reveal a lot and even mentor them, but the issue is that no matter what they teach them, if they are not wise in their application, they will still fail. That is the difference. This is the problem with most traders these days, not that any secrets exist, but they lack application and consistency. There are a lot of people I have thought about how to trade but I hardly see anyone who is serious like me, they always give up easily and will be begging me for trading signals. That is a lack of seriousness and determination to be successful in trading.

Imagine, the same person I thought the strategy I use still begging me for trading signals. You can see it now, to many, if they see me making more winning than losing, they would think there is one secret somewhere, but in reality, there is none. It is just a matter of practice and perseverance. If you do it well, you get to connect with the market and continue to realise your mistakes and get to be correcting them steadily. Also, the best part of trading for success is not about the trader knowing everything. The simplest trading strategy can make wealth in trading, but the trader must be ready to work with the proper money and risk management along with it to make that possible.

Many people lack the latter.