Anyone can succeed as a bitcoin trader

[Troytech]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

[tbct_mt2]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances.

It is good for newbies if they read stories about loss with trading, risk of trading because very few people will share their painful stories.

If newbies see successful stories in trading, they will be more easily to be fooled. People with their instinct are very greedy so their mind will be less sharp if they read stories of easy money gain.

People can succeed in trading but chance is small and it is proven by many studies and statistics.

What proportion of day traders find themselves profitable
20 Rules Followed by Professional Traders

Approximately 1–20% of day traders actually profit from their endeavors. Exceptionally few day traders ever generate returns that are even close to worthwhile. This means that between 80 and 99 percent of them fail.

It is estimated that more than 80% of traders fail and quit.

[tvplus006]

...Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion...

This is all just theory, but in practice everything is completely different. And there are a very large number of traders who, after many years of unprofitable trading, decide to change their role to an investor. And for many, this is the right decision that allows you to earn a lot of money with minimal risk, which is still present when investing.

[goaldigger]

Some may succeed and some may not and that is the reality because not everyone can be a winner here or else the market will not move that much.
It takes time to be a good trader, the stress can consume you but the reward is huge once you are able to survive that early phase of being a trader.
Just continue to be more professional and keep learning, also set your goal realistically so you won't be stress if you are not able to achieve it.

[avp2306]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Those losses will only happen if the trader doesn't have enough knowledge to deal with different market condition or they are lacking with experience that's why they experience the worst on their trading career.

Then I find it normal since losing some amount is not surprising because it will happen especially if we are not careful enough to deal with risk and we only have these risk taker mindset where we are not so careful every decision we do.

But for sure once people or a potential trader will be in focus on their trade and try many ways to learn a lot of knowledge about trading for sure in long run for doing all of those efforts also with experiences they gather for sure they would have high chance to become a successful trader.

[death69]

Trading is about mindset as well as technique. Napoleon Hill was right: desire is the key to success. The journey is nuanced, right? A trader's journey is full of roses and thorns, and each step teaches something. Persistence, as you said, is vital. Let's dive deeper. The goal is to evolve, not merely survive. Win or lose, each deal shapes our thinking. The market is dynamic and tough. We adapt how? How do we grow? These questions guide traders.

Your insight on Bitcoin traders is intriguing. Short-term gains are tempting, but there's more. Trading involves identifying market undercurrents as well as riding volatility. What drives markets? What impacts shifts? These questions require knowledge, analysis, and attention to detail, not enthusiasm. Trading is an ongoing education. Excellent or poor, every experience leads to mastery. The aim? To be wise and successful. Knowing both 'how' and 'why' Wouldn't that define true trading acumen?

[Frankolala]

The volatile nature of bitcoin has put traders in high risk and that is because bitcoin best way to take profit is to invest in a long term so that you can reduce the risk involved in bitcoin. Trading is very complex and it takes a very long time for one to learn deep in trading, the problem is that traders are only after a short term profit because the think that bitcoin is a get rich quick scheme. This makes it impossible for them to have the patience of learning it with time because they are after 1/2-1yr profit and tgt time is not enough for one to understand the market.

One major feature of trading is loss, about 90% of traders run at loss, because most of them don't know their left from their right in trading but they are doing it base on greed. Even professional traders run at loss. Hodlers don't need much skills to be successful as long as they have made up their mind, take action and constant DCA will take you to whatever height that you want your bitcoin stash to reach based on your income.

[michellee]

Trading does have risks. That is why, before we trade, we must learn about trading as much as possible. We have to understand how to trade well by studying analysis and how to analyze the market. By knowing how to trade, we have the opportunity to make a profit.

And if we can improve our analytical skills, our opportunities to generate more profits will be wide open. But it all requires effort and smart work, which is also needed before we really master it. And we also have to be patient in learning to trade because nothing is instant in learning something.

Everyone can be successful in trading. But it depends on how willing they are to spend their time learning more about trading. There are still many things we need to learn to become a pro trader, including not being greedy in taking profits, being able to determine the amount of capital for trading and others.

[jeha2015]

Some may succeed and some may not and that is the reality because not everyone can be a winner here or else the market will not move that much.
It takes time to be a good trader, the stress can consume you but the reward is huge once you are able to survive that early phase of being a trader.
Just continue to be more professional and keep learning, also set your goal realistically so you won't be stress if you are not able to achieve it.

In traders, of course, there are times when we make a profit and there are times when we lose, and this happens to all traders, both beginners and professionals, so we need to learn from experience so we can minimize our losses, and of course traders need patience.

Managing stress well will bring us success in trading. This can be seen from professional traders. They can all be successful traders because they can manage stress well so that regardless of market conditions, they remain calm and don't panic. So in essence anyone can be successful as a trader as long as he is willing to continue learning and continue to learn from experience.

[batang_bitcoin]

~snip~

The reality is that there are more traders that are being rekt than investors. This is the reality that many have to understand and that's why there are more investors than traders. I agree that no one should stop if they think that they're a profitable trader whether they're a newbie or not. But if the results don't go according to your plan which is always the situation that we're having, it's hard to get on track again when you've lost a lot already before you realize that trading isn't for you.

Merry Christmas 🎅 🎄 to you all.

Merry Christmas to you too.

[South Park]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

I disagree, anyone can have the desire to become a trader but those that succeed are a very small minority that did everything they could in order to reach that goal, and this is not a thing that anyone can do, as it is easy to dream about all of what you would do in the case you became a successful trader, but very few people dream of the sleepless nights, the anxiety and the long hours in front of a screen that are necessary to reach that level of success.

[Fatunad]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Success is something that everyone is really that targeting on on which it would really be just that normal that we would really be thriving or doing our very best when it comes to this situation and doing things on what are the ways on how to make ourselves that financially free or having that better status than we do have before. It is really just that normal that people would really be having those challenges and even those failures
because we know that there are things which cant really be that be able for us to handle it out no matter how hard we do try. Yes, its better not to give up easily but there are really times or moments on which
quitting or stopping would be a wise decision because there are indeed things that it isnt really meant for us.

If you do see that you do have some progress when you do make out some trades then it would be just fine but if you are really that making huge losses despite of a long time trader
and you have done everything you've got but still ended up on a failure then it would be better to have those reconsiderations on which it would
be just that normal to have that kind of act.

[Marvelman]

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.

What statistics? I don't think that's right.  To most people Bitcoin's a long play, not a quick flip.  Sure, some traders might be making bank from all the volatility.  But those day traders are the minority, imho.

[Mpamaegbu]

Knowing how to trade would only get you that far, but not j to the realm of successful traders..

Your comment there seemed contradictory. How can someone who knows how to trade not be classified as being a successful trader?

Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge.

This is likened to being theoritical than practical. Anyone here who knows their worth on things concerning Bitcoin shouldn't fold their arms and not hodl Bitcoin. They shouldn't sing without dancing. Have the knowledge and put it to use. There are many here who are guilty of this. They like to sound knowing but are too scared to taste what they preach.

[EL MOHA]

What statistics? I don't think that's right.  To most people Bitcoin's a long play, not a quick flip.  Sure, some traders might be making bank from all the volatility.  But those day traders are the minority, imho.

Traders in my opinion are currently large in number and you can easily see this with the new update of people opening crypto academy where they teach others about crypto. The most hardest part in trading is learning the Technical Analysis, those with this knowledge are traders that earn even a little daily by placing trades mostly on Alticoins because of their volatility.

The reason many traders actually fail in trading can be traced to greed which forces them to  either use a very high capital or high leverage.

[Natalim]

Just like in investment, in trading some have gone too far and succeeded, some have also quit and diverted their interest to other stuff. I could say that a trading carrier can't be forever, there is also a time to retire from doing this especially if you're not profitable anymore.
Honestly, trading is stressful, I know we can't live that way forever. Yes, some chose to become an investor just to stay in the crypto market and keep their coin. In fact, I'm doing this in real life and many others are doing the same granting that investing is less stressful and more profitable long term.

[Russlenat]

Anyone can trade but not all of them will be successful in trading. Some will still be profitable while other fall into committing losses. And that's the reality in trading, it's hard to win, yet it's easy to lose.  That's why a lot have decide to leave gambling but focus on long term hodling. Investing alone brings less risks and less chances to be at loss, compared in trading where you will spend most of your time analyzing and trading in the market, and yet you're still not 100% sure that all will ends well.

[Marvelman]

What statistics? I don't think that's right.  To most people Bitcoin's a long play, not a quick flip.  Sure, some traders might be making bank from all the volatility.  But those day traders are the minority, imho.

Traders in my opinion are currently large in number and you can easily see this with the new update of people opening crypto academy where they teach others about crypto.

I suspect that people who are interested in crypto academies are newbies eager to learn, rather than traders.

The most hardest part in trading is learning the Technical Analysis, those with this knowledge are traders that earn even a little daily by placing trades mostly on Alticoins because of their volatility.

Yes. But that still doesn't prove that there are more bitcoin traders than bitcoin holders.

[EL MOHA]

I suspect that people who are interested in crypto academies are newbies eager to learn, rather than traders.

All learners of a thing are actually newbies to it, an established trader wouldn’t be going there except as a tutor.

Yes. But that still doesn't prove that there are more bitcoin traders than bitcoin holders.

Definitely the difference is clear, I was just pointing it out that traders too aren’t that little in number, in fact there are quite number of holders who also trade daily. They have some coins in holding as back up in case they lose out on trading they can bounce back to something

[mirakal]

...Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion...

This is all just theory, but in practice everything is completely different. And there are a very large number of traders who, after many years of unprofitable trading, decide to change their role to an investor. And for many, this is the right decision that allows you to earn a lot of money with minimal risk, which is still present when investing.

Its not all the time that passion can go a long way. Yes, you may have all the enthusiasm to trade and persistency to keep on going, but you get easily fainted when you start seeing consecutive losses. When it happens almost in every time you trade, you will definitely lost your passion to trade. Trading is not all about passion, but rather it's about knowledge, skills and strategies, as well as patience and discipline. If you don't have the last two, you will still fail and commit losses when trading.

Anyone can trade but not anyone can be a successful trader. A lot desire to trade due to its high promising profits but end up seeing them investing in the market since the offers are equal and yet it's less risky and less stressful.

[bocyaj]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

The bitcoin trader who was in the market since 2015-16 was the successful finisher at the 2017 bull run.But some of the trader become more aggressive in the trading after the 2021,even though the price was fluctuating many time since the beginning of the 2018,many people try to hold their coin for the 2021 halves.Now the same bitcoin trader holding to bag full of the money can be achieved by the 2024 holding.Because some people get into the market in the value of bitcoin at 68k.Such traders doesn't have any other options other then holding their valuable bitcoin.The trader who had faith can hold their coin since the the next year for the better results in the holding bitcoin to give more money by just holding.

[Potato Chips]

Hmm. I'm not sure about that. Some people are definitely ain't fit for trading that's why they quit e.g. huge loss due to poor practice, terrible anxiety, lack of time, too gullible, you name it. In addition, the sad reality is, simply working hard does not necessarily mean you'll get the result you wanted. This does not only apply to trading though but in general.

Being positive is perfectly fine but too much of it ain't good. In life, it's also important to know when to quit otherwise it could bring more harm to you. On the bright side, trading isn't the only path, some have found comfort in long term hodling 😌 -- in hodling, we trust! lol

[JariKriting]

Trading is using cold money, unused money, not debt money.
if that happens trading is not calm and always thinking is not too focused, even though trading crypto currency that is the main depth of capital is calm when it goes down because it is just waiting for the time to go up.
because every 4 years there is a moment of halving with halving the momentum of the bitcoin price going up will be very high, because the demand to buy is very high and think the same as the halving will go up.
so the function of cold money is so that you can hold long term when the price drops, and a lot of capital can be used for the DCA strategy.

[Richbased]

Inasmuch as trading is concerned, making profits shouldn't be used as a criteria because in the quest to make profits sometimes we also incur losses not that we didn't apply the right ideas on how we can make profits but rather there are sometimes when the market changes and you might be unlucky that after you've bought an asset with the optimism that the price is gonna rise but at the end it doesn't rise instead it drops below the amount with which you bought it with so at that time you find out that you've incurred some losses so in trading you should have it at the back of your mind that losses might be encountered so that it will make you to have an alternative should such circumstances occur.

[boty]

Inasmuch as trading is concerned, making profits shouldn't be used as a criteria because in the quest to make profits sometimes we also incur losses not that we didn't apply the right ideas on how we can make profits but rather there are sometimes when the market changes and you might be unlucky that after you've bought an asset with the optimism that the price is gonna rise but at the end it doesn't rise instead it drops below the amount with which you bought it with so at that time you find out that you've incurred some losses so in trading you should have it at the back of your mind that losses might be encountered so that it will make you to have an alternative should such circumstances occur.

Every person who trades will of course expect a profit from the trade they make, but they cannot avoid losses in trading if they make a mistake in deciding something in trading, so it is important for those who trade to know whether they are buying a type of coin that has the potential to make a profit and also buy it at a price that may increase after they make the purchase, because if we don't understand market conditions well, of course we will make the wrong time to buy it. When we have experienced several failures in the trades we make, of course we can learn from them and not repeat them in future trades.

[retreat]

Everyone has the opportunity to become a successful trader, but not everyone can become a successful trader. Because to be a successful trader not only requires desire to win, persistence and consistency, but more than that to become a successful trader sometimes requires luck, ingenuity and betting which not everyone can do.

[GreatArkansas]

In short, trading is not for everyone. Especially for those people who only want easy money and people who don't want to learn.
People must think that all successful traders right now have experiences, some are worst and some are good before all of they reached what they have right now.

[bettercrypto]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Everyone wants to succeed in bitcoin trading, but not everyone is dedicated to succeeding, because most of them do not really know or study with all their hearts the things that should be known in crypto trading in this field industry as well.

It also means that only a few succeed here. And these successful people have extensive knowledge of trading here in the crypto space; it is impossible to be ignorant. We need to have character like self-discipline and know how to limit their capital in the cryptocurrency they want to invest in.

[yudi09]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

-snip-

It is unlikely that people will trade Bitcoin because trading is a short-term buying and selling activity. It's not that there aren't any, but very few are ready to do it because of the big risks involved.
The average person chooses to invest in Bitcoin because investment is a long-term buying and holding activity to get bigger profits.

Napoleon Hill was right that desire will be the beginning for someone to achieve success.
We ask again how they trade amidst very fluctuating market price conditions.
It takes strategy and time in trading so people are rarely successful with trading, but with Bitcoin investment, many are successful even though they don't say it.
For me, it is not the success but the process carried out by them that is more valuable.

[Assface16678]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Yes anyone really is has a shot in bitcoin trading, anyome could be successful and anyone could be fortunate because of bitcoin trading but those anyone should have the necessary traits, knowledge, skills, experience and patience, in short if a trader is commited on wanting to suceed in bitcoin trading the they should be ready to face the hard ship of trading and ready to concur their weaknesses in the face of bitcoin market as we all know its easy to say that anyone could be a successful in trading but it never was an easy process, all gas its process and even the experienced traders in bitcoin sometimes stumbles but the most important thing they know how to manipulate it they know how to recover and they know what to do next in order to recover their lost.

It's not bad to give this kind of encouragement to beginners in trading, but remember the "process." You will not get what you want if you do not undergo the process of becoming a successful or, let's say, profitable bitcoin trader.

[vuittont50]

It is very difficult to me...I always trade in the opposite direction and lost money...

[Yamifoud]

Anyone - that is right but not all because not all are also willing to wait and not all are willing to correct their mistakes.

Trading as we know is risky, many traders can't bear it and so they quit after suffering losses. This means that only those who can carry the risk and carefully manage their emotions will likely reach their goal. Because this field is not just about money, I can trade because I have a lot of money, but this will involve proper knowledge and skills, a market approach, and a mindset that most traders don't have.

[8rch7]

Some trader have been success and any of them failed with trading in bitcoin, indeed bitcoin has good progress up drastically but not all trader in the success position sell too early or hold it too long until loss the opportunity for earning much profit. Don't look one side only about people have been success in trading because many of them not publish bad experience when loss more in trading. Don't make your self afraid for investing in bitcoin because still has chance to earn profit in the future exactly invest in right time and not blame to learn trader experience when loss much money from trading.
Must understood about risk in trading before become the investor in bitcoin, not all trader are on the top position become success from bitcoin but you need learned from how many people failed with trading.

[synchronym]

If we don't have enough knowledge about the trade when we trade then there is a high chance of losing money when we trade. So before trading we must have enough knowledge about the trade and have enough knowledge about the market then our chances of loss will be less.  In trading, however, we need to have a long-term plan and trade with patience. If we trade with patience, we will succeed one day.

[borovichok]

It is very difficult to me...I always trade in the opposite direction and lost money...

Losing money is fine but not learning from your past mistakes means you're totally trading with no strategy and zero improvement. Mistakes made ought not to be repeated. Bitcoin have change the lives of so many people in the space and have also been the main reason why most people doesn't have a solid ground in the crypto space. I've lost gigantic amount during the period of bear season, I was a newbie and don't have the experience to push further other than seeking for any slight entry without confirmation. If you're still losing money, it means you're not in the position to trade or not ready. You have to seek knowledge before you can sits in good position to earn.

[Dzwaafu11]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading.

Indeed, a lot of individuals have voiced complaints about this kind of problem, even since trading involves losses; if you don't lose, you won't be able to determine the item's true value. Though it isn't always possible, we all want to look on the bright side of things. However, those who have not yet acquired the necessary abilities, fundamental understanding, or knowledge of bitcoin trading are the ones that lose money most or at any point during trading. There are a lot of things one has to know before they start trading that will help them along the way. Some people  didn't take the effort to get knowledgeable about the required skills before participating.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if you’re not into bitcoin as a means of payment, store of value, investment then being a trader could help.

It's possible that the individuals are searching for daily meals and lack the resources to invest in bitcoin. As bitcoin is a long-term investment, it is evident that these people will not make bitcoin investments. They trade bitcoin because they are either mentally unable of taking on the risk of investing and keeping an eye on their money for an extended length of time. You are aware that some investors would rather make quick investments where they can be sure they will receive their money back. If you are knowledgeable about bitcoin trading, you can take advantage of this because you won't constantly lose money.

[irhact]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Everyone can become a successful trader but many individuals aren't ready to do what it takes to become a successful trader, they won't learn properly before they start gambling. They want to take the shortcuts and waiting for other individuals to do all the work then they benfits from the signals. If any newbie that wants to become a successful trader study very well on how to read charts and understand the market movement, that individual will become a profession trader.

The more you trade and make mistakes the more you understand what you're doing wrongly and make corrections but when you rely on others giving you signals you can't learn from the mistakes they make. As a new trader, learn one strategy and perfect it so you can become an expert in that way of trading. Don't stop learning things about the market as there's so many things you won't know as a new trader.

[tvplus006]

It is very difficult to me...I always trade in the opposite direction and lost money...

It's sad, but you're not the only one who loses his money trading. According to statistics, 90% of traders lose their money. And the fact that almost everyone writes on the forum that they trade and make a profit is just a desire to pose as a successful trader, and not a statement of reality.

[ndutndut]

Hmm. I'm not sure about that. Some people are definitely ain't fit for trading that's why they quit e.g. huge loss due to poor practice, terrible anxiety, lack of time, too gullible, you name it. In addition, the sad reality is, simply working hard does not necessarily mean you'll get the result you wanted. This does not only apply to trading though but in general.

Being positive is perfectly fine but too much of it ain't good. In life, it's also important to know when to quit otherwise it could bring more harm to you. On the bright side, trading isn't the only path, some have found comfort in long term hodling 😌 -- in hodling, we trust! lol

The point is that if a layman enters the world of trading, of course he will not be successful in trading because he will experience difficulties and even big losses. Trading is not as easy as buying bitcoin and immediately becoming rich. Because the trading world is full of speculation. Unless your first hobby is speculation, that's okay, especially since Bitcoin has a cycle that can almost be said to be repeated every four years.

The important point is that nothing is instant in trading except gambling and even that requires luck. Trading can also be used for gambling, depending on the response. If you want to get rich in trading, you have to struggle for years. You can suddenly become rich or suddenly poor if your mindset in the world of trading is like gambling, if you don't understand the market, of course you will lose, after a loss you will definitely leave trading. So trading is not as easy as you imagine, it requires knowledge and strategy.

[death69]

Hmm. I'm not sure about that. Some people are definitely ain't fit for trading that's why they quit e.g. huge loss due to poor practice, terrible anxiety, lack of time, too gullible, you name it. In addition, the sad reality is, simply working hard does not necessarily mean you'll get the result you wanted. This does not only apply to trading though but in general.

Being positive is perfectly fine but too much of it ain't good. In life, it's also important to know when to quit otherwise it could bring more harm to you. On the bright side, trading isn't the only path, some have found comfort in long term hodling 😌 -- in hodling, we trust! lol

The point is that if a layman enters the world of trading, of course he will not be successful in trading because he will experience difficulties and even big losses. Trading is not as easy as buying bitcoin and immediately becoming rich. Because the trading world is full of speculation. Unless your first hobby is speculation, that's okay, especially since Bitcoin has a cycle that can almost be said to be repeated every four years.

The important point is that nothing is instant in trading except gambling and even that requires luck. Trading can also be used for gambling, depending on the response. If you want to get rich in trading, you have to struggle for years. You can suddenly become rich or suddenly poor if your mindset in the world of trading is like gambling, if you don't understand the market, of course you will lose, after a loss you will definitely leave trading. So trading is not as easy as you imagine, it requires knowledge and strategy.

Trading has high risks. Beginners who want to get rich quickly? Get up. You have to accept the beastly market. Speculation? Part of the game, but not all of it. How about that four-year Bitcoin cycle? A good event for all traders. Honestly, trading gambling? This is fireplay. Traders shouldn't depend on luck. Years of hard work, learning, and planning are what it really takes to win. No easy ways out or magic tricks.

Last but not least, trading is cruel. If you don't understand this market, it will eat you up and kick you out. The only skills you need to survive are knowledge, planning, and toughness. Are you a gambler or a trader before starting?

[Kelvinid]

It is very difficult to me...I always trade in the opposite direction and lost money...

It's sad, but you're not the only one who loses his money trading. According to statistics, 90% of traders lose their money. And the fact that almost everyone writes on the forum that they trade and make a profit is just a desire to pose as a successful trader, and not a statement of reality.

Some traders prefer to be okay and continue trading hoping for some luck like they are in gambling rather than telling what really happens to them.
That certainly happened to me, not all the time I was in profit, the same thing with losses but that is normal. But as I've tried to evaluate the number of times that I was in profit, I find out that I lost more than what I earned - quite disappointing. So I decided not to focus on trading and I'm now more into investing because I see it was less stressful.

[EarnOnVictor]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Merry Christmas to you in arrears!

You see, trading is not child's play and it is rather easier said than done. Be it Bitcoin or anything, it is not easy to trade and profit on a normal day. But what I believe is making people think it is easy is that they are gaining in Bitcoin now, however, the reason is easy, they can trust the bullish side and it is not uncommon in the market when people would think a certain direction is the holy grail direction when the market is strongly biased in the direction. But that condition is not always so in the long run. For now, not only Bitcoin, it is all cryptocurrencies with the right projects, they are giving traders and investors huge amounts of money, and this is easy.

You can imagine BNB for example, when the Binance issue came up when CZ and his company were fined for anti-money laundering. I saw BNB around $200 per one, but today, it is above $310. This happened in the shortest possible time and those who had anticipated the move since this is the FOMO time for cryptocurrencies would have bought it and be making huge money through it on spots and futures markets. It is as easy as that, this is the season for that. But we should be weary too, trading can be so tricky and could deceive you into believing you can win all the time, but if care is not taken when the market is back to normal without FOMO, then you see the other side of the market.

[Mate2237]

If you don't know how to trade and you involved yourself in trading then trading will create a nightmare for you. You can loss everything within a few seconds. Don't jump to trading without the basic information and knowledge in trading. But when you have understand trading very well before coming to trading then everything will be very simple even though you will face some challenges. For you to grow in trading you have to ask questions from those who very good in trading in your location and here in the forum.

Knowing the market and understanding the Candle Sticks is the number one thing to know before proceeding to the trading platform. And if trading is not good for you then you have to go to investment.

[tvplus006]

Some traders prefer to be okay and continue trading hoping for some luck like they are in gambling rather than telling what really happens to them. ..

It seems to me that this is the main mistake by which a trader loses his money. Most traders continue to hold a losing position, instead of fixing a loss and starting to analyze the market in order to open a new position. This is probably what distinguishes successful traders who quickly close a position if the price moves in the wrong direction.

[letteredhub]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances.

It is good for newbies if they read stories about loss with trading, risk of trading because very few people will share their painful stories.

This is so true, and this has misled plenty of newbie traders that has to encounter series of losses in the beginning of their trading journey which made them to give up shortly bethinking that trading isn't their thing. Mainly those YouTubers who teaches about trading online they only make use of successful trades in their tutorials making trading look like a simple affair you can jump in and out with profits. Showing newbies the ugly side of trading will in my opinion strength their mind and prepare them for what's ahead as they decide to pick interest in crypto trading.

People can succeed in trading but chance is small and it is proven by many studies and statistics.

You're correct, if we're to sum up the total figures of crypto traders the successful figures will be insignificant to the total. And those that fall into this successful traders figures are traders that started off with huge money as start up. They have a lot of advantages with experiences that they keep gaining as they make losses and later build on those experiences to be professional traders. All am saying is that, in trading the amount you have also matters in determining your success at the end.

[decodx]

I'm not so sure about those statistics OP mentioned.  From what I've read, way more people seem to be investing in bitcoin for the long run instead of trading it.  The numbers show that a ton more buy it planning to hold it rather than try to make a quick buck off price changes. 

Sure, some make money playing the volatility game in the short term.  But those traders are by far the minority compared to the growing number of investors who think bitcoin could explode in value down the road.  Most folks aren't out to make a fast profit - they want to hold it for years and hopefully make a killing when it really takes off and  thats been the pattern at least.  People buy it and hang onto it, rather than flipping it day to day or week to week.  They're playing the long game not trying to time the dips and peaks.

Just doesn't seem right to say there are more traders than investors.  From everything I've seen its the total opposite.

[freedomgo]

...Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion...

This is all just theory, but in practice everything is completely different. And there are a very large number of traders who, after many years of unprofitable trading, decide to change their role to an investor. And for many, this is the right decision that allows you to earn a lot of money with minimal risk, which is still present when investing.

Not all traders are equally profitable, some are just trying hard in trading and still end up losing after trading. Anyone can be a trader but reaching the success in trading is not everyone gets. Only those who are brave enough to conquer their fears and those who are knowledgeable and skillful in trading end up trading successfully, while leaving others in failure and losses. Trading is certainly hard, especially if you are not fully aware of its risks, and are only trading because the rest of your peers are trading due to greed.

[Issa56]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

The reason most people are wrecked when trading is because they lack knowledge about what trading is truly about. Some of them don't really care to have knowledge about trading, they just see people claiming to be making money from trading, and they also decide to start trading without having proper knowledge about what trading is all about. That's why some of them end up failing after trying to trade.

When learning how to trade, you are supposed to start with a small amount, the more you keep on understanding trading, the more you keep on increasing the amount you are trading with. The mistake some people make is that when learning how to trade, they do start with a large amount of money, which they are likely to lose. In crypto, always start small and grow, a newbie trading with a huge amount of money is really wrong.

When some people are on YouTube, they do see videos about trading, and when you are on social media sites like Facebook, Telegram, and X, you will always see people making advertisements about their trading signals. People like that are always making people trying to join the crypto space think that trading is kind of easy, just to make sure people join their signal group, and people that join will end up receiving fake signals, wasting money on the trade, and they will also end up wasting the money that they paid signal providers.

[Sanitough]

Not anyone can easily turn successful in trading. Know that trading is hard and risky, but if you have high tolerance, then trading is perfect for you. But it takes good amount of knowledge and experience in the trading market to make you a sustainable trader. If you think you still lack on that, then I suggest not to take suicidal in trading.

Trading can be learned overtime as long as you never resort into quitting. Of course, there will be inevitable losses as even professionals end up with losses, but the challenge here is to outnumber your losses and sees trading to earn more profits.

[Lanatsa]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

We wont really be able to know unless we do try on which it would really be just that right that if ever you are really that trying out to pursue a particular thing then it would be just that better that you would really be having that engagement through it on which we know that there's no way that we could really be able to make out some conclusions whether we are really that making an effective dealing up with something or not.
Its impossible that we cant really be able to point out whether its really that progressive or something that it isnt really that making any movement at all in speaking about profitability.
We do know that each person does have that different level of skills and also with the patience you do have.

We do know that there would really be different factors on which it would really be making out some effect throughout the overall things that we are really that dealing with.
As a Bitcoin trader or overall crypto trader on which skills and other things will really be that learnt up along the way but the main key on here is that you shouldnt really that make yourself
would be in a rush in speaking about learning these things.

[jaberwock]

It is very difficult to me...I always trade in the opposite direction and lost money...

It's sad, but you're not the only one who loses his money trading. According to statistics, 90% of traders lose their money. And the fact that almost everyone writes on the forum that they trade and make a profit is just a desire to pose as a successful trader, and not a statement of reality.

I am still not really believing that number. That number changes time to time, 70% was another number that was thrown around and 90% is something I have seen before as well, you are not the first person that said it.

However, I do have hard time believing that 90% of the people in the bitcoin world would lose this much money, feels like they should be making more and I think it feels like it's something that would not be really all that much of a big deal. I hope that it is not true and this stat is just a made up one, if it is really true then I would really feel very sorry about it. There are so many people who are making so many mistakes, and having something like this doesn't really feel like it makes sense on the long run.

[Awaklara]

It is very difficult to me...I always trade in the opposite direction and lost money...

It's sad, but you're not the only one who loses his money trading. According to statistics, 90% of traders lose their money. And the fact that almost everyone writes on the forum that they trade and make a profit is just a desire to pose as a successful trader, and not a statement of reality.

I am still not really believing that number. That number changes time to time, 70% was another number that was thrown around and 90% is something I have seen before as well, you are not the first person that said it.

However, I do have hard time believing that 90% of the people in the bitcoin world would lose this much money, feels like they should be making more and I think it feels like it's something that would not be really all that much of a big deal. I hope that it is not true and this stat is just a made up one, if it is really true then I would really feel very sorry about it. There are so many people who are making so many mistakes, and having something like this doesn't really feel like it makes sense on the long run.

90% of novice traders, maybe it's true. but when there are more experienced traders I don't think the situation will be like that.
However, in trading, there are still those who profit and there are also those who lose. Even professional traders don't always make a profit.
what differentiates it is the way each trader minimizes the risk of loss. They both plan for profits, but the way to overcome the worst possibility of an unwanted situation is different.

[deathcode]

It is very difficult to me...I always trade in the opposite direction and lost money...

It's sad, but you're not the only one who loses his money trading. According to statistics, 90% of traders lose their money. And the fact that almost everyone writes on the forum that they trade and make a profit is just a desire to pose as a successful trader, and not a statement of reality.

I am still not really believing that number. That number changes time to time, 70% was another number that was thrown around and 90% is something I have seen before as well, you are not the first person that said it.

However, I do have hard time believing that 90% of the people in the bitcoin world would lose this much money, feels like they should be making more and I think it feels like it's something that would not be really all that much of a big deal. I hope that it is not true and this stat is just a made up one, if it is really true then I would really feel very sorry about it. There are so many people who are making so many mistakes, and having something like this doesn't really feel like it makes sense on the long run.

90% of novice traders, maybe it's true. but when there are more experienced traders I don't think the situation will be like that.
However, in trading, there are still those who profit and there are also those who lose. Even professional traders don't always make a profit.
what differentiates it is the way each trader minimizes the risk of loss. They both plan for profits, but the way to overcome the worst possibility of an unwanted situation is different.

If everyone gets losses, how are there still people who trade and don't just choose to invest long-term?
What happens is in the beginner trader phase. we cannot avoid losses. Every beginner or even experienced trader who starts trading must also go through this phase. some losses are bound to occur. but it gives beginners more experience and knowledge to grow. so that they can reduce the risk of loss gradually, they will make a profit.

[barisbilgili]

90% of novice traders, maybe it's true. but when there are more experienced traders I don't think the situation will be like that.
However, in trading, there are still those who profit and there are also those who lose. Even professional traders don't always make a profit.
what differentiates it is the way each trader minimizes the risk of loss. They both plan for profits, but the way to overcome the worst possibility of an unwanted situation is different.

If everyone gets losses, how are there still people who trade and don't just choose to invest long-term?
What happens is in the beginner trader phase. we cannot avoid losses. Every beginner or even experienced trader who starts trading must also go through this phase. some losses are bound to occur. but it gives beginners more experience and knowledge to grow. so that they can reduce the risk of loss gradually, they will make a profit.

When everyone who trades experiences a loss, of course there will be no more people who want to trade.
Yes, for those who have just started trading, of course they will experience losses because they do not have experience in trading and when they have experience in this field, of course they will be able to minimize losses in the trading they do, if they continue to study it and have a lot of experience in this area, of course they will can profit from the trade.

[lienfaye]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading.

I agree. You'll never know unless you try and that's what I did, since I also want to become a trader and be like a pro who's earning good for being a trader. But I think it's not the suitable way for me to earn because it didn't go as planned. It's hard especially if you can't focus due to other activities (could be a daily job) that needs your attention.

But what matter for me is I tried and experience how it is to become a trader. For now, I prefer to just stay being a hodler since I don't have to spend time to monitor the market often.

[Sebas.tian]

Once you have the knowledge of Bitcoin, how to succeed in your Bitcoin trading is very easy if you can use capital that you can afford to lose to invest and wait for some time to see how much has enter if you sell at the moment. If you want to go far in Bitcoin trading and remain successful at the end, ensure you know how to carry out your personal research when bullish season newly appear in the market, because many traders use to rush to supply their Bitcoin and the price will continue increasing for such group of traders to regret. If you are a short term traders in the market, it will take you a long time before you will begin to make a little income from your trading because long term traders succeed quick than short term traders in the market.

[JariKriting]

everyone can successfully trade crypto currencies both bitcoin and altcoin.
but there are conditions that must have knowledge in analyzing the market, and also must have considerable experience in terms of trading crypto currency.
without it will only waste money because it will always lose in trading. and the movement of crypto currency, especially altcoins, has very high ups and downs or very high violations so you can quickly profit a lot or can lose a lot and run out of your money.

[kojektea]

If you look at Bitcoin now, it should be said that Bitcoin is currently too high to be used as an investment coin if you started recently. but bitcoin is just one of millions of coins in the world. so there are still many similar coins that are no less interesting than bitcoin, maybe they are even early releases. We can be the first adaptation to make us people who will truly be successful as long as the coins we invest in are high in the future. this is very interesting. Crypto is broad, not just Bitcoin.

[BRINIRHA]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Insight alone will not be enough to become a successful trader. Or become a trader who consistently makes more profits than losses. But trading any trading pair is equally difficult for those who are lazy to analyze the market. Even in bitcoin. Especially if it is futures trading. Where I see people getting liquidated continues to happen every time there is a rapid movement in the price of bitcoin. Which indicates that currently many people like risk. Well, they want quick profits and dare to take risks. and I don't think that type of trader is what I like.

Apart from insight, we also need experience. And in the process of gaining experience, we must always control the risks we take as much as possible. Being brave is good. But if it is courage after we ensure strong fundamentals that support our decisions.

[Fatunad]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Bad experiences and losses then it would really be that normal once you do touch up yourself when it comes to trading. This isnt something that a simple skill that you could acquire. Tons have tried but
only a few would really be able to survive. This is why it would really be just that better that you shouldnt really that expect too much about being success but doesnt mean that you wont really be doing your very best.
Just like i have said earlier that this isnt a skill that you could really be able to acquire in a small or short time. It would really be that normal that you would be able to pass up tons of trials and errors along the way.
For sure despite of those losing traders, there would really be those profitable We do know that this wont really be called a market in the first place if there would be no sellers and buyers.

I've been involved in trading for 2 years on which i couldnt say whether im really that good or not, but much sure im still in between or breakeven and this is why i dont really make myself that easily
quit or stop because i do see myself that being progressive or really that learning. Im still that learning along the way and i wouldnt be stopping just because of those loses.
Just mind off that it is really just that part of the learning curve. You cant really just that make yourself too rush up things.

[Woodie]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading.

Failure is the stepping stone to success, but unfortunately when it comes to trading many users out there actually gamble their trades as they want to become overnight millionaires which isn't possible!

Besides to succeed in this industry calls for one having an edge in the markets which is having a working strategy that you have tested to be profitable.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Knowing how to trade is one thing but managing your emotions is another which many trades fail to do because of greed.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  

Is this not obvious that it has to do with the financial muscle  investors already have the money while traders are out there to make money...??

[radjie]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Anyone can be successful as a Bitcoin trader, but there are certain moments to be able to make big profits trading short-term on Bitcoin because market price fluctuations does not always increase and decrease quickly, requiring patience and focus to be able to avoid losses.  The most important thing is not to spend capital from the loan money to trade in Bitcoin or any type of Altcoin to avoid the pressure of having the burden of having to be able to return the money we have borrowed.

[Fara Chan]

If you look at Bitcoin now, it should be said that Bitcoin is currently too high to be used as an investment coin if you started recently. but bitcoin is just one of millions of coins in the world. so there are still many similar coins that are no less interesting than bitcoin, maybe they are even early releases. We can be the first adaptation to make us people who will truly be successful as long as the coins we invest in are high in the future. this is very interesting. Crypto is broad, not just Bitcoin.

Crypto is indeed broad and not only Bitcoin is in it, but everyone also needs to understand that Bitcoin is the best of the millions of coins that already exist in crypto. And Bitcoin cannot be compared to other coins in crypto, although some people may still be able to find big profits in other coins now or in the future if the coins are still on the exchange.

Because coins other than Bitcoin have the possibility of being eliminated by the exchange if there is no progress in terms of transactions, while Bitcoin is not like that, the choice of Bitcoin should be the main one before someone chooses other coins in crypto. And even though the prices can be said to be quite different and expensive, everyone can buy them according to the capabilities they have without having to force themselves to get more at one time.

[BitcoinTurk]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances.

Merry Christmas 🎅 🎄 to you all.

The fact that many people share their unsuccessful experiences is definitely a very useful and nice thing for people who are new to the cryptocurrency markets because all these experiences have been gained by losing money and are experiences that people who are new to the cryptocurrency markets can access and learn from for free. For this reason, it is very important to read especially negative experiences carefully and learn from them to avoid making the same mistakes.

On the other hand, in order to be a successful trader in the cryptocurrency markets it is very important to manage risk well, get maximum efficiency from all kinds of experiences, constantly improve technical-fundamental analysis knowledge and be patient. In particular, I would like to underline that individuals with all these factors generally perform more successful trades in cryptocurrency markets.

[yudi09]

-snip- Trading can also be used for gambling, depending on the response. If you want to get rich in trading, you have to struggle for years. You can suddenly become rich or suddenly poor if your mindset in the world of trading is like gambling, if you don't understand the market, of course you will lose, after a loss you will definitely leave trading. So trading is not as easy as you imagine, it requires knowledge and strategy.

I imagine it's very easy when that's not true in practice. Years of learning to trade without wanting to try equals zero. The equation of trading with gambling may be interpreted as a type of trading because the trade that is easy to practice in my experience is spot, not leveraged trading which always misses initial estimates.

Strategies and patterns are necessary but trading on familiar types of trades is more recommended. Don't go into leverage trading if you don't understand how.
Beginners often lose in leverage trading, even professionals experience it too.

[Litzki1990]

How much does success mean? I have learned many things in trading that I could not learn before trading and I consider these things success. I think the idea that success can be achieved only by earning money or that one who earns money is successful. Now I can risk money now I have confidence in myself now I have enough understanding about trading and now I understand trading charts well that is success for me. I have not only learned these things by trading but also by trading on my own skills I have made enough money so as you say I can consider myself a successful trader.

[jeraldskie11]

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

I agree with you. Just because a person know how to trade doesn't mean he is profitable. There are lot of traders out there who can't manage to be profitable even though they spent a lot of time to trading. There are people who had been in trading for 5 years but still losing, but there are also 1 year but already profitable. Being successful is not about how long you have been in trading, instead it's how disciplined and serious you are in trading.

[tvplus006]

If everyone gets losses, how are there still people who trade and don't just choose to invest long-term?
What happens is in the beginner trader phase. we cannot avoid losses. Every beginner or even experienced trader who starts trading must also go through this phase. some losses are bound to occur. but it gives beginners more experience and knowledge to grow. so that they can reduce the risk of loss gradually, they will make a profit.

Newcomers who lose money usually return to the market with a new deposit in order to exchange their money for experience once again. And in the end, they will either learn how to trade with profit, or become investors if they do not have the strength to leave the illusory opportunity to become a millionaire forever.

[tygeade]

How much does success mean? I have learned many things in trading that I could not learn before trading and I consider these things success. I think the idea that success can be achieved only by earning money or that one who earns money is successful. Now I can risk money now I have confidence in myself now I have enough understanding about trading and now I understand trading charts well that is success for me. I have not only learned these things by trading but also by trading on my own skills I have made enough money so as you say I can consider myself a successful trader.

Profit, momentary profit is the only thing that people are talking about and will stay as the only thing that people will talk about when they are talking about success in trading. I personally believe that anyone can, but at the same time there is a guarantee that not everyone will.

This means that some people can and won't, that is the indication to it. Look at all the people who had done very well in trading, do they have anything different than us? They are humans just like us and they are capable of doing the same thing that we are capable of doing, so we should be capable of what they are capable of as well. Only difference is, some people will do it right and make a profit, while others will make mistakes and not choose the right path.

[the rise]

You are right. It's just that anyone can fail here. We have to understand the characteristics of people who fail and the characteristics of people who succeed here. Only then can we truly be people who can avoid failure when doing business here. but with some long experience I'm sure it's not difficult to be successful here, it's just how our mentality as business people can be sharpened to something better.

[Hypnosis00]

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

I agree with you. Just because a person know how to trade doesn't mean he is profitable. There are lot of traders out there who can't manage to be profitable even though they spent a lot of time to trading. There are people who had been in trading for 5 years but still losing, but there are also 1 year but already profitable. Being successful is not about how long you have been in trading, instead it's how disciplined and serious you are in trading.

These are the reasons why;
 - emotional (that includes market response)
 - mindset ( they easily turn negative when suffering losses)
 - analytic skills ( lack of experience)
 - time and focus

All of these things affect our trading journey, nobody seems to be perfect but it doesn't mean that we have to let things happen if we know we can do it right. If these successful traders spend more time analyzing the market, why we should not if this is a helping tool to succeed? Unfortunately, most of us want instantly and so losing is so instant as well - impatient traders never succeed.

[death69]

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

I agree with you. Just because a person know how to trade doesn't mean he is profitable. There are lot of traders out there who can't manage to be profitable even though they spent a lot of time to trading. There are people who had been in trading for 5 years but still losing, but there are also 1 year but already profitable. Being successful is not about how long you have been in trading, instead it's how disciplined and serious you are in trading.

These are the reasons why;
 - emotional (that includes market response)
 - mindset ( they easily turn negative when suffering losses)
 - analytic skills ( lack of experience)
 - time and focus

All of these things affect our trading journey, nobody seems to be perfect but it doesn't mean that we have to let things happen if we know we can do it right. If these successful traders spend more time analyzing the market, why we should not if this is a helping tool to succeed? Unfortunately, most of us want instantly and so losing is so instant as well - impatient traders never succeed.

Trading IS an art, not just a talent! An important part is the emotional component. We ride market waves but mustn't get carried away. It's about balance, isn't it? Handle your emotions, not let them rule you. Many have regretted being persuaded by market hype. Analytics and mindset are the keys to trading success. Resilience is often underestimated. You can improve your analytical skills, but without the correct mindset? It's like compassless sailing. In my experience, patience and calculation win racs. Time is our greatest adavntage. No one delays the market. Some decisions are quick, but not hasty. Traders fail due to impatience. Dig deep, evaluate extensively. Instead of rapid wins, aim for sustained growth. I believe that's the key to trading success.

[Kasabus]

While it's easy to study and learn trading, but the hardest part is how to make your trades successful and profitable every time you decide to trade. That is why a lot are passionate to trade but once they incur consistent losses, they start to think if they can be good enough in trading, or just decide to focus on long term hodling for good. Yes, anyone can succeed as a bitcoin trader, but that anyone should not only be passionate but should also have the high knowledge and experience when it comes to trading.

Anyone can be a trader but not anyone can be fearless in trading. Hence, it takes a lot of courage and perseverance so you can be a sustainable trader throughout your trading journey.

[Baki202]

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

It takes time to become a successful trader and proper understanding of the system because you can not enter water and start swimming that same day it takes a lot of practice to become a master in craft of trading, it also the same time takes a lot of unpleasant moments to succeed while trading, and as it is getting more difficult you must also the same time persist, and a lot of people will have interest and not all will be successful that is one plain truth.

I agree with you. Just because a person know how to trade doesn't mean he is profitable. There are lot of traders out there who can't manage to be profitable even though they spent a lot of time to trading. There are people who had been in trading for 5 years but still losing, but there are also 1 year but already profitable. Being successful is not about how long you have been in trading, instead it's how disciplined and serious you are in trading.

The person may even trade, but if they keep improving in that area, they have a good chance of becoming a successful trader. When I saw this, I was already curious about what it takes to become a successful trader because I see a lot of comments about how not all traders are profitable, so I figured it might just be strategy. There are also seasonal traders that trade only when they feel like it. This characterizes them as unserious traders because trading requires consistency and even if you're not trading, you should be engaged in activities related to trading.

[tottong]

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Becoming a successful trader requires proper knowledge and as much as possible they must hone their skills when involved in trading.
There are times when we experience losses in every trade we make and vice versa. This is normal because trading is not something that is easy to do and experience is also needed so that someone is better prepared for everything.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

As long as you can be responsible in the trading you do, there is no harm in taking opportunities in other coins, but to what extent can you minimize the risk when involved in this trading.
There are hundreds or thousands of people involved in trading and it is only a matter of percentage, but most importantly how prepared people are to take risks.
If we start with the right knowledge then the benefit is that we can avoid a bit of excessive risk and even if we experience a loss at least we will be much better prepared to accept it.

[milewilda]

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Becoming a successful trader requires proper knowledge and as much as possible they must hone their skills when involved in trading.
There are times when we experience losses in every trade we make and vice versa. This is normal because trading is not something that is easy to do and experience is also needed so that someone is better prepared for everything.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

As long as you can be responsible in the trading you do, there is no harm in taking opportunities in other coins, but to what extent can you minimize the risk when involved in this trading.
There are hundreds or thousands of people involved in trading and it is only a matter of percentage, but most importantly how prepared people are to take risks.
If we start with the right knowledge then the benefit is that we can avoid a bit of excessive risk and even if we experience a loss at least we will be much better prepared to accept it.

When it comes on thriving and making yourself as a good or successul trader then it would really be that requiring that time and effort on which you would really be that need to do so. We should bare in mind that when it comes to success then everything would really be that subjective since we do know that it wont really be that something that would really be that easy and factors that could really affect when it comes in overall
profitability will really be depending on how well you would really be able to make trades on which not all people would really be having that kind of skill and understanding on how trading works but somehow
even despite of being hard, we can really still have a good grasps into it.

It is really just that a matter on how you would really be hovering yourself into this trading world because success cant really be that assured on every individual. Some could really be able to
survive out and some couldnt really just that able to do such thing. It is really that so hard to make yourself that having assurance that you would really be doing the right way.

[JoyMarsha]

Everyone can start something new, but not everyone will be as enthusiastic to do so if they have heard about the negative experiences that others who have pursued their passion in trading have had.

Many people's financial situations have improved as a result of crypto trading, but before getting started, any crypto enthusiast should first consider the risks involved.

Will Mr. B benefit equally from Mr. A's skill and achievement in trading, given that not everyone has the same coach who taught them how to trade and achieve success in trading? 

[KingsDen]

...Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion...

This is all just theory, but in practice everything is completely different. And there are a very large number of traders who, after many years of unprofitable trading, decide to change their role to an investor. And for many, this is the right decision that allows you to earn a lot of money with minimal risk, which is still present when investing.

From onset, there are different types of stories sold to newbies and these stories help to make or mare newbies. But the most important is not even the choices that newbies make, but the ability of newbies to have a change of mind. I will explain what I meant;
At a point every newcomer must have heard and  believed that it is possible to turn $500 coin to $3000 coin by trading. This type of information is always sweet to hear but in practice things doesn't go they way they are being told. At this point, a smart newbie ought to have a retrace and rethink I'm order to further in the right direction. It is during this period of self appraisal that I withdrew from trading, after realising that trading is not for me. I believe my testimony is same as that of other thousand new beginners.

However, there are newbies who went through the rough sea of trading, succeeded and are making huge money from trading today. The best thing is to find out what works for you, but in a nutshell, what seems to work for every beginner is to buy low and hold till price appreciates to sell.

[Distinctin]

Anyone can decide to trade, but its hard to believe that anyone can succeed in trading. Trading is not as easy like everyone has come to believe, that they will just trade and make instant profits. It takes a smart and wise thinking individual before he gets to take advantage in trading, otherwise he will trade and definitely end up losing all his capital. And that's how trading can be very risky, you can't make instant win and profits but you can always be an instant loser if you decide to trade without learning experiences.

Hence, anyone cannot succeed as a trader if he does trading the wrong way. But if he knows how to analyze the market well and makes a perfect timing to trade his coins, he will stay trading in profits.

[tvplus006]

I noticed that such topics about trading are created exclusively by beginners, who usually do not understand much about what they write. And I have never seen forum veterans write about this, as they know for sure that it is much more difficult to make a profit from trading than one can imagine.

[EarnOnVictor]

If everyone gets losses, how are there still people who trade and don't just choose to invest long-term?
What happens is in the beginner trader phase. we cannot avoid losses. Every beginner or even experienced trader who starts trading must also go through this phase. some losses are bound to occur. but it gives beginners more experience and knowledge to grow. so that they can reduce the risk of loss gradually, they will make a profit.

Newcomers who lose money usually return to the market with a new deposit in order to exchange their money for experience once again. And in the end, they will either learn how to trade with profit, or become investors if they do not have the strength to leave the illusory opportunity to become a millionaire forever.

It is not as easy as you said and I advise newcomers to be very careful so that they will not be chasing shadows. Trading is not easy and everyone needs to learn like every writer here states, however, learning alone and even understanding what you learned is not the only requirement to make success in trading, there is more to that. If it is the investment part of Bitcoin, it is still light as one can be following the prevailing sentiment of the market to plan their investments. But in trading, one will need more, they need good expertise in their speculative capability and management, and they also need to control their trading spirits in terms of the psychology of the trader. Any of these three categories can cause traders to fail if not handled rightly which is what many of us are battling with.

It is indeed the survival of the fittest matter when it comes to trading and the smartest traders always stay successful. Sadly, the percentage of such traders is few, so it is not wise to entirely believe that traders can continue to trade and deposit when they lose and will eventually make a success just like that. Many have tried it this way but still trying with no success, while some have already quit when they've wasted enough money.

[Awaklara]

It is indeed the survival of the fittest matter when it comes to trading and the smartest traders always stay successful. Sadly, the percentage of such traders is few, so it is not wise to entirely believe that traders can continue to trade and deposit when they lose and will eventually make a success just like that. Many have tried it this way but still trying with no success, while some have already quit when they've wasted enough money.

because they trade unwisely. they haven't mastered trading yet, but are interested in making a deposit and starting trading because many people post successful trades. so the hope of beginners is still to trade easily to make a profit.
whoever trades without knowledge and experience, will only let their money disappear. beginners stay away from futures trading and do spot trading gradually to test their trading skills. if it feels difficult then buy Bitcoin and hold it in your wallet. be patient.

[jaberwock]

It is very difficult to me...I always trade in the opposite direction and lost money...

It's sad, but you're not the only one who loses his money trading. According to statistics, 90% of traders lose their money. And the fact that almost everyone writes on the forum that they trade and make a profit is just a desire to pose as a successful trader, and not a statement of reality.

Some traders prefer to be okay and continue trading hoping for some luck like they are in gambling rather than telling what really happens to them.
That certainly happened to me, not all the time I was in profit, the same thing with losses but that is normal. But as I've tried to evaluate the number of times that I was in profit, I find out that I lost more than what I earned - quite disappointing. So I decided not to focus on trading and I'm now more into investing because I see it was less stressful.

People are ready to say okay after a lose rather than over-thinking on losses but we should try harder next time. We need to figure out why we lose, and what can we do in order to improve. Not just we will do the same act and just purely relying in luck because nothing will happen to us with that. We can only get the same results. It's also fine to confess the issue to someone who think is better than us.

This is what I heard last time to a one influencer, that we should admit that we are not good and someone out there is better and will always be better than us. It's also okay to venture other things like what you did, if we can't seem to improve on the one that we are currently doing.

[adzino]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Sure, but its not for everyone. Like you said, people needs to be very patient and "know" how the market works. There are newbie traders when they see that the price has dropped, they start panicking or don't know what to do and ends up selling at loss. Few minutes later, they see the price go back up  again, and then they buy high, in the process losing even more money. Though yeah, its true that it is easy to say "buy high sell low" but in reality, its much harder to execute it. Most traders lose hope and then there are those kind of traders that don't want to learn from their mistake. They keep repeating the same mistake and end up getting exhausted. Every trade is an "experience" and there is something to learn from it.

[GigaBit]

In reality there is quite difference between theory and practical. But we cannot reject the theory. For any job we must know theory well along with practical experience. Trading is a platform where people can expose themselves to big financial risks for little reasons. Starting a trade without knowing about trading means facing guaranteed financial losses. Although we cannot say that a trader can make a profit just by taking a trade, an experienced trader knows when and where to trade. Moreover, a trader needs to know some things that should be known in order to trade. A bitcoin trader needs to know about bitcoins. After knowing various things like how Bitcoin works and when investors are attracted here, if a trader does not have the rules of Bitcoin trading then he can profit by trading in Bitcoin. But for those who are new, Bitcoin trading will be very difficult. As it is highly volatile, the risk is high.

[tottong]

When it comes on thriving and making yourself as a good or successul trader then it would really be that requiring that time and effort on which you would really be that need to do so. We should bare in mind that when it comes to success then everything would really be that subjective since we do know that it wont really be that something that would really be that easy and factors that could really affect when it comes in overall
profitability will really be depending on how well you would really be able to make trades on which not all people would really be having that kind of skill and understanding on how trading works but somehow
even despite of being hard, we can really still have a good grasps into it.

To achieve a good process requires persistence and experience to continuously hone one's skills in trading, this makes most people unable to survive because trading involves time and money when we learn to understand.
Although we can try to learn by using small capital first to get used to doing it. The level of subjectivity depends on how often we engage in it because the more often we do it, the more experienced we are in trading.
Trading skills are indeed difficult to learn because there may be many people who don't dare to take risks, but when we seriously learn it, I'm sure we will slowly master the correct trading method.

[Nrcewker]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

[tjtonmoy]

Also Statistics shows that we have more Bitcoin traders than investors.

I don't think this is true. If this is true then the data is old. People nowadays are more focusing on investing into Bitcoin than trading. Maybe the numbers are greater in trading than investing, but the numbers quickly drop after a certain period of time. Most people who joins trading, they cannot achieve success because the first thing they do is run after money. The second fact is, the enter the trading realm without proper knowledge. And we all know what happens when we try to do something that we are not experienced enough.
Most of them drop out after making huge losses and those who follow proper strategies to learn Bitcoin first and then step into trading are those who stand still in the end. So I agree with you, we should keep on trying and never give up if we really want to achieve success in trading.

[Mr.right85]

That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

Reading through this, especially after seeing the heading, I felt this was about another motivational speaking and the quote from Napoleon Hill confirms it. Maybe there is that idea that you can do just anything you put yourself to try but, can everyone really be a trader and a successful one? No I don’t think.
If we are to look at that quote from Hill again, it starts with desire and you spoke about passion, these two has to be in place before you could build on anything. When it’s not the case, you just might not get there as a successful trader.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.

I don’t know where you got by that statistics but, it’s something I would have liked to see for real. I hope we don’t get yo consider the traders who just pop on exchanges with the idea to buy and hold or just exchange their coins for fiat in this statistics.

[edy_58]

It is indeed the survival of the fittest matter when it comes to trading and the smartest traders always stay successful. Sadly, the percentage of such traders is few, so it is not wise to entirely believe that traders can continue to trade and deposit when they lose and will eventually make a success just like that. Many have tried it this way but still trying with no success, while some have already quit when they've wasted enough money.

because they trade unwisely. they haven't mastered trading yet, but are interested in making a deposit and starting trading because many people post successful trades. so the hope of beginners is still to trade easily to make a profit.
whoever trades without knowledge and experience, will only let their money disappear. beginners stay away from futures trading and do spot trading gradually to test their trading skills. if it feels difficult then buy Bitcoin and hold it in your wallet. be patient.

If we start trading with no knowledge and only look at other people's success in trading and we continue to try, of course this will be very risky for losses that we will incur in the trades we make. Indeed, some beginners start their trading by only hoping for profits that will obtained in trading, of course this is very detrimental to him.
Choosing to do spot trading gradually while testing skills might be better before starting futures trading which will make them lose the money they have and it would be better for them to seek knowledge first before starting to trade.

[gabbie2010]

It is indeed the survival of the fittest matter when it comes to trading and the smartest traders always stay successful. Sadly, the percentage of such traders is few, so it is not wise to entirely believe that traders can continue to trade and deposit when they lose and will eventually make a success just like that. Many have tried it this way but still trying with no success, while some have already quit when they've wasted enough money.

because they trade unwisely. they haven't mastered trading yet, but are interested in making a deposit and starting trading because many people post successful trades. so the hope of beginners is still to trade easily to make a profit.
whoever trades without knowledge and experience, will only let their money disappear. beginners stay away from futures trading and do spot trading gradually to test their trading skills. if it feels difficult then buy Bitcoin and hold it in your wallet. be patient.

Unfortunately this is the blatant truth newbie traders don't want to hear, they can't be consistent in earning profit without any prior skill and knowledge required to be successful in trading it's years of learning, studying of charts and experience before becoming a profitable Bitcoin trader unfortunately many of them are into future trading without minding it high risk just to earn massive profit quickly unfortunately ended up liquidating their portfolio instead of investing their money in Bitcoin but they can't withstand perseverance and patience required by every Bitcoin hodlers to wait for a long term perspective before earning some profits that is why there are higher rate of losers in trading than profitable trades and the trend would continue.

[Learn Bitcoin]

Also Statistics shows that we have more Bitcoin traders than investors.

Can I have the link to the statistics you were referring to? This is true only if you consider all investors as traders. I agree that even holders are traders. Because they buy Bitcoin to make a profit. So, they are traders too in another sense. But, if you do not include them in the stats, then how do you say the traders have more Bitcoin than Investors? A few companies like Microstrategy hold more than 170K Bitcoin as of Now.

Binance as the company already holds more than 800K Bitcoin and their reserve data shows they are correct. Recently I have checked their wallet address too to see if their claim is true or not. You can find their reserve data and addresses on Coinmarketcap which you can verify. There are over 19 million Bitcoins already. We don't know how many of them are lost. We don't know how many dormant account will be alive in the bull run. So the stats could be wrong.

[Sebas.tian]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

If you can be able to control your trading in the season of bearish and bullish  season, I think you will be able to succeed from your trading because the most important thing in crypto trading is to use bullish season to trade. Don't be discourage with your starting in the crypto trading, because every crypto traders always experience some challenges that will make them to feel they cannot succeed in trading than see them growing higher in the future. Always listen to your personal research than others researchers because you can believe with what you see in the market than what they told you.

[GeorgeJohn]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt,

If you have read the previous post of people in this forum you would have seen where its been advised that we should not lend money and go into trading and secondly if you are investing in bitcoin you should make use of your  capital and establish the business of cryptocurrency and secondly, I notice that bitcoin investment is another thing that have to with plans even in trading it deals with plans and plans in trading should not make you to borrow money for investment or trading, it better you risky what belongs to you than the one you borrowed or lend.

[Mauser]

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

 

When it comes to trading knowledge is important, it's like the foundation upon a successful trader is building his fortune. Without knowledge we are not going to succeed long term, because everybody can get lucky a few times and make the right trades, but outperforming the market over a longer period of time requires skill and knowledge. That is why there are so many books and course about trading, so that everybody can learn the basic before using larger amounts of money to trade. Passion and consistency are important to stay motivated and keep learning new strategies, we need focus on our long-term goals of building a large portfolio and reaching financial independence. Also, passion is what is going to help us to stick through the though times. There will always be a losing streak where it seems we can’t beat the market. During those times it’s important to believe in ourselves and having a strong interest and passion into trading is what will prevent us from quitting. Short term setbacks should not be a concern, as long as we focus on the big picture and manage to recover during the next bull run again.

 

[BRINIRHA]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

Experience is very important. Because sometimes the lessons learned from experience are lessons that are much more valuable than just theory. Because experience is gained from applying a theory and findings while we are carrying out a job (trade). And usually experienced traders will be much calmer in carrying out trading activities. Different from beginners who sometimes trade in a hurry.

Beginners always have difficulty controlling their emotions because they don't know the market well. Because they don't have enough experience. But if they don't give up and keep learning as they go. Then one day the beginner will become a pro trader and can teach other people. Because everyone definitely starts from beginners in everything.

[milewilda]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

Experience is very important. Because sometimes the lessons learned from experience are lessons that are much more valuable than just theory. Because experience is gained from applying a theory and findings while we are carrying out a job (trade). And usually experienced traders will be much calmer in carrying out trading activities. Different from beginners who sometimes trade in a hurry.

Beginners always have difficulty controlling their emotions because they don't know the market well. Because they don't have enough experience. But if they don't give up and keep learning as they go. Then one day the beginner will become a pro trader and can teach other people. Because everyone definitely starts from beginners in everything.

Not all things could be learned on textbooks on which indeed some of them could really be found through real experience on which it is really just that right that you would really be needing to experience for yourself to learn up everything. Although this wont really be assuring you that guaranteed success but at least you do already have those learnings on which you could really be able to make yourself that sustain at least on the things that you've been dealing with. Although its not something simple to achieve but at least on the time that you would really be having that good grasps into it then sustaining wont really be that much of an issue.

If you are planning to become a trader then of course you would really be doing all sorts of things just for you to be able to survive out into this market. You cant really just that make yourself
that able to easily acquire those things but something this thing couldnt really be that possible.There are really just people who are really that in a hurry on dealing up with things.

[el kaka22]

The deal with trading bitcoin is that you need to have iron clad emotional control if you want to be good, most people do not have that and they end up with a bad result because of it. I understand that we are going to live through some troubled times, but that doesn't mean that we should be considering that as a big option or a deal. I think the best thing we could do at this point is to realize that trading requires a lot of emotional ups and downs, and we need to be good at what we do to see that as a very valid option.

I hope that people could see this as a way to get better, and for that to work, we need to just assume that we are going to end up with a good approach of realizing things are not easy. I hope that we could focus on what we could do, and I will just make sure that I do not feel any fear, happiness, anxiety, panic, excitement, whatever feeling basically. Because if you feel any of them, they may trigger a loss for you if you lose control.

[South Park]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

Experience is very important. Because sometimes the lessons learned from experience are lessons that are much more valuable than just theory. Because experience is gained from applying a theory and findings while we are carrying out a job (trade). And usually experienced traders will be much calmer in carrying out trading activities. Different from beginners who sometimes trade in a hurry.

Beginners always have difficulty controlling their emotions because they don't know the market well. Because they don't have enough experience. But if they don't give up and keep learning as they go. Then one day the beginner will become a pro trader and can teach other people. Because everyone definitely starts from beginners in everything.

Even if I agree there are things that can only be learned by actually doing something and experimenting what it feels like, we need to reduce as much as possible how many of those things we learn this way when it comes to trading, and this is because in almost any other activity making a mistake is not a big deal, but making a mistake while you trade can cost you hundreds or even thousands of dollars, and by the time you learn everything you need need to know about trading you would have lost a fortune already.

[boyptc]

Beginners always have difficulty controlling their emotions because they don't know the market well. Because they don't have enough experience. But if they don't give up and keep learning as they go. Then one day the beginner will become a pro trader and can teach other people. Because everyone definitely starts from beginners in everything.

Even the ones who are here for a longer time.

It's a feeling that's hard to control when you still don't know how to. But if you have gained experience, you already have the reminder to yourself that you must be careful with your actions.

Because if you don't do it properly, you know what the consequences will be and they're going to be large losses for you until you learn from those mistakes and losses.

[Mate2237]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

And for one to become a successful trader, he has to lose and through there he would make some corrections and master the market gradually and later becomes a professional trader. And even at the professional level you will still lose but it will not be as the novice time. And anyone who is coming to make money instant in trading will lose very well but whereby he comes to learn first and make small profits and grow gradually from then he will make it in the future.

One thing they have to know that, they should not be greedy in the process of trading. If small profit enter, take it and open new trade if it is a favorable time to trade again.

[milewilda]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

And for one to become a successful trader, he has to lose and through there he would make some corrections and master the market gradually and later becomes a professional trader. And even at the professional level you will still lose but it will not be as the novice time. And anyone who is coming to make money instant in trading will lose very well but whereby he comes to learn first and make small profits and grow gradually from then he will make it in the future.

One thing they have to know that, they should not be greedy in the process of trading. If small profit enter, take it and open new trade if it is a favorable time to trade again.

Its inevitable!

Once you do set your foot into this field then its impossible that you wont really be able to experience those things on which losses and errors or mistakes will really be mainly be that experienced.
There's no way on avoiding that and this is why its really that important that you should really be needing to adjust accordingly basing up on what you have learnt in the past.
Success isnt something that you could really be able to acquire in a short period of time and this is why it would really be always best that you should act accordingly and sensibly.
Success isnt something that you could be able to attain without passing up through those lots of challenges along the way.

This is why its not bad on being optimistic but at least you should really be that making yourself that at least be realistic on the things that you are dealing with.
Dont make yourself comes into a point on being that delusional because it would really just that make you disappoint on the time that you see on whats the reality.

[stadus]

Anyone can trade and develop passion in trading, but passion alone is not enough to succeed and be profitable with trading. Traders should have a long stretch of patience and understanding on the market, and should be not greedy and fearful when one decide to trade. And most importantly, traders should have the high knowledge and skills when it comes to analyzing the market and understanding its market trends and patterns so that trading will end up being more profitable and productive.

[Sanugarid]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

And for one to become a successful trader, he has to lose and through there he would make some corrections and master the market gradually and later becomes a professional trader. And even at the professional level you will still lose but it will not be as the novice time. And anyone who is coming to make money instant in trading will lose very well but whereby he comes to learn first and make small profits and grow gradually from then he will make it in the future.

One thing they have to know that, they should not be greedy in the process of trading. If small profit enter, take it and open new trade if it is a favorable time to trade again.

Before you became a successful trader, of course, what you went through was not easy, for sure you also lost a lot of money before you became successful and that is part of being successful. I'm not very knowledgeable about the trading system and I'm still learning. Hopefully someday I'll be as successful as my acquaintances and those I watch on vlogs.

[Onyeeze]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

And for one to become a successful trader, he has to lose and through there he would make some corrections and master the market gradually and later becomes a professional trader. And even at the professional level you will still lose but it will not be as the novice time. And anyone who is coming to make money instant in trading will lose very well but whereby he comes to learn first and make small profits and grow gradually from then he will make it in the future.

One thing they have to know that, they should not be greedy in the process of trading. If small profit enter, take it and open new trade if it is a favorable time to trade again.

Before you became a successful trader, of course, what you went through was not easy, for sure you also lost a lot of money before you became successful and that is part of being successful. I'm not very knowledgeable about the trading system and I'm still learning. Hopefully someday I'll be as successful as my acquaintances and those I watch on vlogs.

A successful trader has once become a victim of losses in trading and it's out of his mistakes that makes the person to behave anyway he or her wanted, so therefore I believe that before you become a successful trader you have undergoes so many obstacles and so many challenges in trading, its when you apply the knowledge of what you have passed through in trading that will make you to bear the name a successful trader, for someone to become a successful trader that means that person have it's own of understanding how to overcome and man over some of the trading obstacles

[Kelward]

...Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion...

This is all just theory, but in practice everything is completely different. And there are a very large number of traders who, after many years of unprofitable trading, decide to change their role to an investor. And for many, this is the right decision that allows you to earn a lot of money with minimal risk, which is still present when investing.

I also think that succeeding in Bitcoin trading goes beyond having a passion for it, although that is a starting point, because Bitcoin trading is hard in the practical aspect of it. So to be a successful trader requires having the needed experience to have a sound knowledge about how it's properly done, this includes understanding the fundermental and technical analysis, not being emotional, avoid being greedy and having the patience required to succeed. So any one can succeed in Bitcoin trading, but they need to put in the time and energy needed to aquire the knowledge to become successful traders.

[|MINER|]

If you ask me that question then I my answer will be Yes anyone can succeed as a Bitcoin trader but he must have to follow some rule. Specially if the person is a newbie on the platform then first of all he should have gain some fundamental knowledge about it. Then in bitcoin trading he must have to do long-term trading for gaining succeed on his trading. I think it is more difficult to make a good profit on short-term trading. But for long-term trading with risk management DCA method will must bring a good profit in future.

[Hamphser]

...Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion...

This is all just theory, but in practice everything is completely different. And there are a very large number of traders who, after many years of unprofitable trading, decide to change their role to an investor. And for many, this is the right decision that allows you to earn a lot of money with minimal risk, which is still present when investing.

I also think that succeeding in Bitcoin trading goes beyond having a passion for it, although that is a starting point, because Bitcoin trading is hard in the practical aspect of it. So to be a successful trader requires having the needed experience to have a sound knowledge about how it's properly done, this includes understanding the fundermental and technical analysis, not being emotional, avoid being greedy and having the patience required to succeed. So any one can succeed in Bitcoin trading, but they need to put in the time and energy needed to aquire the knowledge to become successful traders.

Passion and interest is something that you would really be needing to have not only limited on trading but also in other things as well on which it would really be just that normal that you would really be
needing those things for you to go further because once interest and passion isnt there then you would really be just that basically putting up yourself into such situation on which you cant really be able to make yourself that last long because interest isnt really there. Speaking about success then we do know that there's no such thing about assurance on which if you do really that putting up yourself on such situation
on which you are hurrying up yourself on being successful then this is where mistakes do comes from on the time that you would really be that making yourself that desperate and this is something that you should really be looking upon.

[justdimin]

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

I could say that we could find an argument that would be opposite of this as well. I am not saying that everyone can't be, they can be if you ask me, but I can also see the other point and understand this.

There are people with mental disorders as well, and I do not mean like anything huge, a simple ADHD could still prevent you from being good at it as well, or it could be any physical one too, or it could be simply just not being smart enough, I am not saying you need to be a genius to do this, but you can't be too... well you know what I mean. So that is why I can see why some people could end up not being a good trader, it doesn't have to be including every single human, it could be just ordinary people with no disability based on anything.

[Bloodseekers]

If you ask me that question then I my answer will be Yes anyone can succeed as a Bitcoin trader but he must have to follow some rule. Specially if the person is a newbie on the platform then first of all he should have gain some fundamental knowledge about it. Then in bitcoin trading he must have to do long-term trading for gaining succeed on his trading. I think it is more difficult to make a good profit on short-term trading. But for long-term trading with risk management DCA method will must bring a good profit in future.

Having basic knowledge about Bitcoin is very important for everyone who wants to make a profit in investing or trading in Bitcoin and chooses to make long-term investments. It will indeed be very good for beginners and this is very easy to do, they just need to collect it using the DCA strategy and do it correctly. regularly so that they can enjoy the profits from the investments they make. For beginners, it will be very difficult to be able to trade because you have to have expertise in this field before you can do it if you don't want to lose in trading.

[AicecreaME]

Not just typically anyone, that anyone should have a lot of patient, money, and dedication to continuously learn about how trading exactly works and what he needs in order to make profits most of the time.

If a trader doesn't have those things, he will just fail over and over again because he don't want any failures in his career, he just wanted to win always. But it doesn't work that way, in order to learn you have to make mistakes first, because that's where you'll gain experience, and that will be your teacher to the next steps you're going to make.

[bitLeap]

Not just typically anyone, that anyone should have a lot of patient, money, and dedication to continuously learn about how trading exactly works and what he needs in order to make profits most of the time.

If a trader doesn't have those things, he will just fail over and over again because he don't want any failures in his career, he just wanted to win always. But it doesn't work that way, in order to learn you have to make mistakes first, because that's where you'll gain experience, and that will be your teacher to the next steps you're going to make.

You're right, everyone may have the same opportunity to succeed as a trader, but not everyone can withstand the pressure. Trading is not as easy as it sounds, it requires a lot of effort and dedication to truly understand what trading is and then be able to make a profit.
Many people can become successful in trading, but not a few also experience failure and even end up with bankruptcy. This is something that looks easy in theory but will be more difficult in practice, because for me trading is not just a theory that we understand completely, but we must also be able to practice it well and sometimes theory and practice are different.

[Dimitri94]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

And for one to become a successful trader, he has to lose and through there he would make some corrections and master the market gradually and later becomes a professional trader. And even at the professional level you will still lose but it will not be as the novice time. And anyone who is coming to make money instant in trading will lose very well but whereby he comes to learn first and make small profits and grow gradually from then he will make it in the future.

One thing they have to know that, they should not be greedy in the process of trading. If small profit enter, take it and open new trade if it is a favorable time to trade again.

Before you became a successful trader, of course, what you went through was not easy, for sure you also lost a lot of money before you became successful and that is part of being successful. I'm not very knowledgeable about the trading system and I'm still learning. Hopefully someday I'll be as successful as my acquaintances and those I watch on vlogs.

Those who can trade with knowledge and skills are definitely successful traders but becoming successful as a Bitcoin trader is not very easy. We know that behind every success there are many failures from which a person gathers his experience. Trading in Bitcoin is very risky. Profiting from here is of course difficult to succeed without being extremely prudent. As a holder it is relatively easy to succeed. Anyone can be successful in Bitcoin if he manages his trading properly.

[YOSHIE]

Anyone can succeed as a bitcoin trader

Of course, if they have a series of records and their best experience in crypto trading, crypto trading is not the same as investing, it requires thorough understanding and knowledge, To overcome prolonged losses, analysis, market situation, charts, type of crypto being traded are mature and thorough choices and assessments to be able to produce perfect profits.

Anyone can trade crypto, few are lucky and really understand their trading knowledge, for this reason it is very necessary to trade with small amounts when starting from scratch, To overcome negative things, don't be greedy and reckless in placing your money in the market, the risk is very high.

[Fara Chan]

Those who can trade with knowledge and skills are definitely successful traders but becoming successful as a Bitcoin trader is not very easy. We know that behind every success there are many failures from which a person gathers his experience. Trading in Bitcoin is very risky. Profiting from here is of course difficult to succeed without being extremely prudent. As a holder it is relatively easy to succeed. Anyone can be successful in Bitcoin if he manages his trading properly.

Risk is difficult to avoid, but that doesn't mean it can't be avoided because Bitcoin holders also face risks when the price of Bitcoin declines in the market even though the attitude of the holders always looks more relaxed. Meanwhile for traders, it is clear that they must always be careful even though they already have a lot of experience and knowledge about trading, because apart from them having to be able to make a profit, they also have to try not to experience losses so that is what sometimes makes it more difficult for them when facing bad trend in the market.

[Adams0001]

Success is not important. It’s important to control the trading amount so that you don’t make any losses. You don’t make millions overnight by trading. Gradually with experience you will become a better trader and will make good amount of money. You just need to control the emotions whole trading. Do the market analysis with depth, and focus on more theoretical knowledge rather than rushing to trade.

And for one to become a successful trader, he has to lose and through there he would make some corrections and master the market gradually and later becomes a professional trader. And even at the professional level you will still lose but it will not be as the novice time. And anyone who is coming to make money instant in trading will lose very well but whereby he comes to learn first and make small profits and grow gradually from then he will make it in the future.

One thing they have to know that, they should not be greedy in the process of trading. If small profit enter, take it and open new trade if it is a favorable time to trade again.

Exactly no one will be successful without losses in trading because if you don't lose you won't gain more experience about what you are doing, so if you lose in trading don't say you can't do anything again you won't succeed on trading is just that you need to be patient and try to understand everything about trading methodologies so that he can reduce your risk and you need to get a mentor who will be guiding you, but he doesn't mean you won't lose.

That is why it is important to use money you can afford to lose, because some people borrow to start trading, which is not recommended because he will put you in debt and you will never understand yourself again, so anything you want to start, you must plan before you begin your trading career. But it is an excellent business because he will bring you large profits and he will bring you losses again. It is all about taking chances and succeeding, but some people don't like trading since it is high risk instead, they choose to invest in bitcoin for the long term to profit.

[Huppercase]

Many persons have shared their bad experiences about trading in general, how they lost their funds, got into debt, even wrecked their finances. That's true trading bears such risk but that should not stop you from trying. In as much as there are successful traders you too can be successful in trading. It all starts with your passion, it has been made known by Napoleon Hill a popular writer, famous for the book think and grow rich, that desire is the starting point of all success.

I'm really not a fan of bear market trading, always with low volume with low volatility and when volatility comes back, the price usually shoot downward which hurt a lot if you open a long position. You can use the downward price to make money with futures with short positions but I'm not the type that love gambling with bets, I have use futures only few times and the experience was really bad, maybe because I'm not use to it but I don't want to try it again even in the future.  I see like normal gambling I do on gambling platforms and I don't want to be doing regular gambling and be gambling with trades again in the name of quick profits.

Knowing how to trade would only get you that far, but not j to the realm of successful traders. It takes a whole lot of desire to win, persistence and consistency to be a successful trader. So I assure that anyone who wants to be a successful trader can be by pursuing with passion.

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

My strategy may look like a person that is afraid of the market but if I ever experienced another bear market, I will skip trading for the entire month and focus on buying the dip, it's saves a lot of energy, a lot of emotional attack with the market that you have to use stop loss multiple times and those choppy losses can give you something if put in good use. If you are a trader or a aspire trader, avoid the market in bear market and comes back when the market is bullish. Is a simple as that but many people wouldn't listen.

[Twentyonepaylots]

Some may succeed and some may not and that is the reality because not everyone can be a winner here or else the market will not move that much.

All traders should know that we are just exchanging money in the market, if one losses the other wins it, basically not all of us can win it, but most of us can defeating whales, but that's another topic.

It takes time to be a good trader, the stress can consume you but the reward is huge once you are able to survive that early phase of being a trader.

It really is, being good at one thing is a process of continuous learning, it's not that there will be a time that you can call yourself a good trader, we can't measure this thing. As I said, it is a process not being of a good trader, but a better decision maker every time we realize a mistake.

also set your goal realistically so you won't be stress if you are not able to achieve it.

Stressful it is, but if you found yourself one day comfortably on your chair while trading, you'll smirk and realize the learning process is worth it.

[Volimack]

Many people have been successful by testing with Bitcoin, but the thing is that to trad with Bitcoin, a lot of money is required. Most of the time trading with Bitcoin requires a lot of effort but usually no one wants to trade in Bitcoin because the profit in Bitcoin is much lower than other tokens or coins. It is possible to profit and be successful with Bitcoin only but it will take a little longer than other tokens or coins.

[RockBell]

If you ask me that question then I my answer will be Yes anyone can succeed as a Bitcoin trader but he must have to follow some rule. Specially if the person is a newbie on the platform then first of all he should have gain some fundamental knowledge about it. Then in bitcoin trading he must have to do long-term trading for gaining succeed on his trading. I think it is more difficult to make a good profit on short-term trading. But for long-term trading with risk management DCA method will must bring a good profit in future.

People who you would not expect to succeed in bitcoin trading are actually succeeding. Trading requires serenity and discipline because it is on a different level all together. To me, the rules are more like principles, and if they are followed gradually over time, the trader will have fewer issues to deal with, which is the essence of learning because many traders want it the easy way and end up jumping from one signal channel to another instead of under the value and knowing how to make profits on your own and having an idea of how much to start with rather than just jumping into trader just like that.

Knowing when to buy and when to sell is important since there are many times when you should not be buying. It does not have to be a long time trading, simply a concept on how to earn from the market.

[Questat]

Also Statistics shows that we have more Bitcoin traders than investors. And this is because most persons prefer to take the short term benefit of trading the volatility of bitcoin.  Don't limit yourself to just being passionate about bitcoin. Start something with the knowledge. At least if your not into bitcoin as a means of payment, store of value, investment then being a trader could help.

Merry Christmas 🎅 🎄 to you all.

Well, I could agree because some investors are also holders and vice versa. But have to know that not all registered traders become successful in their journey, many of them are long gone already but that included in the survey? Maybe yes...
It can't be denied that some have successful careers in trading but can't also denied that many have quit already as they can't take the stress and pressure of the market volatility. If we only have data available that shows the number of registered traders every exchange quitting, that can be more transparency but we don't have and so the assumption remains that many peopler are in trading.

[jaberwock]

Not just typically anyone, that anyone should have a lot of patient, money, and dedication to continuously learn about how trading exactly works and what he needs in order to make profits most of the time.

If a trader doesn't have those things, he will just fail over and over again because he don't want any failures in his career, he just wanted to win always. But it doesn't work that way, in order to learn you have to make mistakes first, because that's where you'll gain experience, and that will be your teacher to the next steps you're going to make.

There is no next to anyone. When I say anyone, I am referring only to the humans because there is no way animals, ghost, non-living things, and others... can do trading. But, I think you also mean to say that not all can trade, because not all have those positive qualities you mentioned there. That was indeed true, and this is why in the forum we can always see a negative reply in regards to trading, that trading is like this or that, blah blah blah.

And many of them do or suggest to do investing instead. To fail is normal and we must not stop after experiencing it for the first, second, or even third time but more than that may not be good anymore. For those who don't want to fail, they will never start doing that thing. This is a poor mindset. There is no such thing as only winning.

[Crypto Library]

~snip~

No, I don't think that anyone can be successful as a bitcoin trader. Because I think that in order to be successful as a trader, whether it is a Bitcoin trader or any other altcoin trader, there are two things that are necessary, one is to adopt the right strategy and the other is to be able to stick to the strategy. Because I think that trading is very complex and it takes skill as well as psychological stability to be successful.
Suppose a person took a long-term strategy to become a successful bitcoin trader that he will adopt bitcoin by making 10 dollars per week, but it turned out that after a few weeks of running it, he is unable to continue this strategy for various reasons. Then the probability of such traders being successful is very low. So I think controlling emotions and adopting the right strategy is very important to be a successful trader.