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Author Topic: Why are people getting scared to Trade  (Read 2388 times)
Lantind
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June 19, 2024, 05:33:17 AM
 #301

If you have good skills in analyzing the market and price movements, then you can take advantage of market volatility to gain high profits from trading. I agree that traders can also make a lot of money and become rich, but they are people who have also experienced the bitterness of loss.

Apart from knowledge and experience, traders also need capital and mentality. Large capital and a good mentality can make a trader consider greater risks compared to those with limited capital, maybe this is why some traders can get more profits than other people who are more familiar with the crypto market than them.
You are right, those who have been able to make a profit from the trades they made, of course when they first tried, they certainly experienced failure, but they don't give up easily and can correct the mistakes they made so that they can achieve profits on the trades they make.

By having large capital and being mentally prepared, they will be able to choose the level of risk they face and of course they will have a very good understanding of the decisions they make to be able to get good results, but for those who have limited capital they will of course be very careful -be careful when trading and it is difficult for them to take bigger risks because the capital they have is very small.

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ndutndut
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June 19, 2024, 09:40:52 AM
 #302

I guess most people are afraid of the losses that is why .Trading is not an easy game at all though there is lot of money in trading  it comes with a lot of losses especially if is into it without proper knowledge and skill. Many are in a hurry to become rich don't focus on learning and developing themselves to become professional and profitable traders Remember that good thing takes time success is only for the patients ones .
And those of you who are aware of things like this have of course also applied the right learning for trading, because even though there are risks in this matter, it will always be done by people who really understand and have sufficient knowledge for trading. Because loss in any form is something that everyone really hates, so there is no way to avoid it except by continuing to try and learn appropriately in order to be able to handle it very well. Because anyone who wants to become rich through trading certainly needs time and appropriate sacrifices so that this can come in our own lives.
Losing is something that everyone must avoid, especially losing when trading. So it is very important in trading that we have knowledge and experience in trading because this will be one way to achieve success. Even if you have a lot of money, without experience, you will lose a lot of money. The mindset must be changed about trading, because trading is not a way to get rich quickly, that's for sure. However, if you are persistent and patient, your goal of becoming rich will be achieved.

When making transactions on the exchange, there is always an airdrop event and we follow it. This doesn't mean we are afraid of losing or afraid of trading, but taking advantage of existing opportunities is something we should and should not do. Additionally, the airdrop on gift redemption is also impressive. Additionally, many professional traders use airdrops to add assets to their portfolios.

Gaza13
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June 19, 2024, 01:29:16 PM
 #303

I agree with you that trading works hand in hand with patience,meaning for you to be successful in trading, especially in holding,you must be a patient type of you must learn to have patience, because it is only when you have patience that you will able to deal with the wait in holding.
Trading makes makes you get rich quick if you possess the trategies involved in it,and if you are winning regularly or consistently,the chances you have in making it in life is  high.
It is true that trading can make money quickly. In my opinion, it is very difficult to do this job, even though you have been equipped with knowledge for years, sometimes even those who are experts can still experience losses. It seems that the trading you are talking about is trading with long-term methods whereas above you are talking about short-term. What you are talking about is of course widely used by investors because it is much safer than short term. Indeed, all investment methods require extra patience, time, expertise and experience to get the results we want. I think only a few people are truly successful in this job as a trader.

nara1892
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June 19, 2024, 06:02:59 PM
 #304

I agree with you that trading works hand in hand with patience,meaning for you to be successful in trading, especially in holding,you must be a patient type of you must learn to have patience, because it is only when you have patience that you will able to deal with the wait in holding.
Trading makes makes you get rich quick if you possess the trategies involved in it,and if you are winning regularly or consistently,the chances you have in making it in life is  high.
It is true that trading can make money quickly. In my opinion, it is very difficult to do this job, even though you have been equipped with knowledge for years, sometimes even those who are experts can still experience losses. It seems that the trading you are talking about is trading with long-term methods whereas above you are talking about short-term. What you are talking about is of course widely used by investors because it is much safer than short term. Indeed, all investment methods require extra patience, time, expertise and experience to get the results we want. I think only a few people are truly successful in this job as a trader.

Of course you can make money quickly if you have a lot of experience and knowledge, or if you are a professional trader who already has a lot of insight and high flying hours, but whoever you are, even if you are a professional, there is always a possibility of loss. This is certain, because in trading there is never a way or strategy that can 100% produce a profit, meaning there will always be the possibility of experiencing a loss and this possibility applies to all typical traders, especially beginners. But of course there are differences in terms of the amount of losses experienced by professionals and beginners, where of course professional traders already have a lot of knowledge and experience so they have good risk management.

Another thing, if we talk about long or short term then yes of course the longer term is safer, you will not experience a lot of tension and worry within yourself regarding possible risks, because as long as you hold your entry position in the market then even if for example the market goes down and past your entry or opening price, there will still be a chance to rise again at a later time as long as you still hold that position, while in the short term the opposite is true. And yes, it is true that whatever method you use in trading, of course expertise or skills will always be important, this means that if you want to be successful in trading then you should never give up on always learning.

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stomachgrowls
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June 19, 2024, 06:37:58 PM
 #305

I agree with you that trading works hand in hand with patience,meaning for you to be successful in trading, especially in holding,you must be a patient type of you must learn to have patience, because it is only when you have patience that you will able to deal with the wait in holding.
Trading makes makes you get rich quick if you possess the trategies involved in it,and if you are winning regularly or consistently,the chances you have in making it in life is  high.
It is true that trading can make money quickly. In my opinion, it is very difficult to do this job, even though you have been equipped with knowledge for years, sometimes even those who are experts can still experience losses. It seems that the trading you are talking about is trading with long-term methods whereas above you are talking about short-term. What you are talking about is of course widely used by investors because it is much safer than short term. Indeed, all investment methods require extra patience, time, expertise and experience to get the results we want. I think only a few people are truly successful in this job as a trader.
If trading was that easy then everyone now is already that making up trading on which we know that this is something that cant really be done so easily or making yourself that profitable.
You would really be needing up that specific skill and knowledge on how to deal up with things if you are really that trying out to deal up with this thing.

Also, trading skills isnt something that you could really be able to learn up in a short period of time on which you would really be needing to put up that sufficient effort and time and money
for you to acquire up such knowledge on where not all people would be having that kind of consideration. This is why at the moment that someone sees up when they do lose up money
then they would really be tending to back out just because they cant really be able to bare up with the risks and calt really be able to handle up such situuation.

Some could be able to accept about those potential loses but majority for those who are scared arent really that liking on losing money or something that they cant
be able to handle out specially into their emotions.

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