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Author Topic: Why are people getting scared to Trade  (Read 1335 times)
husencoe
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February 13, 2024, 08:52:07 AM
 #21

I think everyone will do anything to get income. Airdrops are a way to earn money easily and without any risk at all. Who doesn't want to get money for free. I think the airdrops hosted by exchanges require them to transact a few dollars to get started. And that doesn't stoping people from jumping in, especially if it's free.

But I don't agree with you that people like to stay away from trading. I think there are far more traders, we can see from the daily trading volume. If many people are afraid to trade, I think it is impossible for trading volume to continue to increase. It may be true that some people are afraid and doing withdraw, but most return to continue fighting in the market. Moreover, currently the market trend is very good, everyone is certainly taking the opportunity. Maybe some people with thin wallets also have to look for capital to enter the market. But maybe it's just a few percent of traders.

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February 13, 2024, 09:18:00 AM
 #22

Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

I think it's normal for them to feel scared when they make the trade if they themselves know that they don't know enough about trading. So who is the individual who will sacrifice his hard-earned money if he knows that he is not sure that it will grow? Even I wouldn't do that if I valued my capital.

So you can't blame others if they prefer to participate in airdrops, although airdrops only require perseverance in the research of legit airdrops. Although most of them are not really legitimate, there are still legit ones.

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February 13, 2024, 09:34:45 AM
 #23

Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.
There are more than one way to make money. Because you see some people looking for a means to make money, that does not mean they do not have other means that they are using to earn money. You can not just conclude that they are not trading because you see them looking for airdrops. But it is good to know that most traders are not making money, many are even losing. Trading can not be for everybody because it is very risky.

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February 13, 2024, 09:40:00 AM
 #24

I think everyone will do anything to get income. Airdrops are a way to earn money easily and without any risk at all. Who doesn't want to get money for free. I think the airdrops hosted by exchanges require them to transact a few dollars to get started. And that doesn't stoping people from jumping in, especially if it's free.


I do agree with your opinion. Trading is not a too difficult profession at all but it happens wrong when you do not make the right decisions following market trends. I think it does not matter whether you start as a newbie or as a professional. It just requires your existence that is why n when you push yourself to be a part of that. On the other hand, based on the new project launches, anyone can participate in the airdrop opportunities to gain some rewards. it depends upon the person how to secure their assets while performing the trading clicks.
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February 13, 2024, 10:35:56 AM
 #25

I think everyone will do anything to get income. Airdrops are a way to earn money easily and without any risk at all. Who doesn't want to get money for free. I think the airdrops hosted by exchanges require them to transact a few dollars to get started. And that doesn't stoping people from jumping in, especially if it's free.

But I don't agree with you that people like to stay away from trading. I think there are far more traders, we can see from the daily trading volume. If many people are afraid to trade, I think it is impossible for trading volume to continue to increase. It may be true that some people are afraid and doing withdraw, but most return to continue fighting in the market. Moreover, currently the market trend is very good, everyone is certainly taking the opportunity. Maybe some people with thin wallets also have to look for capital to enter the market. But maybe it's just a few percent of traders.

Yes, I think so too. I'm now understanding what others meant by trying out other things. What I was thinking was different from what I researched. In fact I see it now as a good idea in what most of this Cex do..

Some of them just require you to deposit to get some points, do some other task and you're good go.
While some require you to trade. The good thing about these is, even as you trade you earn your profit and also the commission that will be given to you during the events. I really learnt a lot...

I believe in Crypto| BTC Analyst| Trader in good Cex (Bitget and Binance)
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February 13, 2024, 10:41:07 AM
 #26

I think you have see many aspect before asking your question about Why are people getting scared to Trade ? currently not all trader have enough fund and some of them take loan for trading and unfortunately will afraid or scared get losses in trading. Difference when joining with airdrop project although there are not guarantee will earn reward later but not spending capital yet to begin airdrop and just waste our time only without losses our money.

Come from not stable financial and begin trading always be careful because get scared later when losing in trading and how possibilities get recovery with the money losses. But get difference when using money for trading come from reward receiving from airdrop seems not scared yet to start trading although get chance will losses.

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February 13, 2024, 10:44:49 AM
 #27

Whenever I talk to people trading, to those who have no experience, they keep telling me that "they don't have money to invest" or they say "I don't invest in those types of things". I view it as something that they don't want to bother learning more about trading because they probably have little time or something.

You really cannot force people into doing something that they don't want, you got to let them go with it on their own and handle it.

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February 13, 2024, 10:49:16 AM
 #28

Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

Trading have risk while airdrop is free to join for a chance to win free money. Trading is different on airdrop, most importantly trading is not the only way to earn on crypto because there’s DeFi which you can just stake your token to earn passive income and many more.

So joining on airdrops doesn’t mean people is scared on trading but rather they just want to get the opportunity of having free token by free participation. Besides newbie should be scared on trading especially if they don’t know what they are doing because you re just feeding the smart trader your money as their take profit. Trading is complex to earn consistently while investing is the one which is simple that only requires you to hold. Maybe you mixing things here.

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February 13, 2024, 02:25:51 PM
 #29

Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.
There are more than one way to make money. Because you see some people looking for a means to make money, that does not mean they do not have other means that they are using to earn money. You can not just conclude that they are not trading because you see them looking for airdrops. But it is good to know that most traders are not making money, many are even losing. Trading can not be for everybody because it is very risky.
There could be many reasons why many people do not actually trade or why they stopped trading, some of the reasons could be;
  • Impatience to learn how to trade 
  • Lossing more often than they win
  • Emotional imbalance 
  • Trading not their thing 
Why I personally stopped trading is fear. I am not sure I am using the right word to describe this. I have phobia for trading and this was induced in me from forex trading. I lost more than expected in forex trading, so anything involving candlesticks terrifies me.

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February 13, 2024, 02:59:50 PM
 #30

I think everyone will do anything to get income. Airdrops are a way to earn money easily and without any risk at all. Who doesn't want to get money for free. I think the airdrops hosted by exchanges require them to transact a few dollars to get started. And that doesn't stoping people from jumping in, especially if it's free.

But I don't agree with you that people like to stay away from trading. I think there are far more traders, we can see from the daily trading volume. If many people are afraid to trade, I think it is impossible for trading volume to continue to increase. It may be true that some people are afraid and doing withdraw, but most return to continue fighting in the market. Moreover, currently the market trend is very good, everyone is certainly taking the opportunity. Maybe some people with thin wallets also have to look for capital to enter the market. But maybe it's just a few percent of traders.

Yes, I think so too. I'm now understanding what others meant by trying out other things. What I was thinking was different from what I researched. In fact I see it now as a good idea in what most of this Cex do..

Some of them just require you to deposit to get some points, do some other task and you're good go.
While some require you to trade. The good thing about these is, even as you trade you earn your profit and also the commission that will be given to you during the events. I really learnt a lot...
And people choose the way they find it is suitable for them. Because there is no urge to become a trader unless you want it or choose to join airdrops if that is only the way we can afford. But some people make a choice where they can earn more and try trading. Well, it is the interest of the person, some will be afraid to take risks which makes them ignore trading. Honestly, trading is not an easy choice for all knowing that it is risky and that needs a high level of market understanding as we can't gain success doing this if we never have these things. And I make it simple, not all are meant for trading, the same thing as why not all are meant for investing.
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February 13, 2024, 03:18:43 PM
 #31

But there is also a chance that these people experience significant losses in trading, which is why they are afraid to trade. I believe these are newcomers who start their trading journey in crypto without sufficient knowledge. They dive into trading and incur losses. I suggest not getting scared; instead, put your 100% effort into trading and make money from this market.

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February 13, 2024, 03:19:14 PM
 #32

These people are probably aware that there is high risk of losing from trading. They don't have the courage to trade knowing they failed to acquire the necessary knowledge and experience that trading needs.

Trading is a profitable activity and a lot of successful traders have been living their success already. For those who don't trade, aside from lack of knowledge and experience, it might be that they are still not ready to lose so they try to avoid trading as much as possible.

But do we know there's a high risk of getting our wallets or exchanges compromised when going for free airdrop. Like clicking links that are phishing, not knowing these, could drop some dangerous malware in our system that's ready to attack us when ever we login into our wallet. I think this should be noted too

Crypto is just a jungle that has a lot of risk regardless
I tend to agree with the line that I highlighted above.
It's full of risk everywhere in crypto, so it has a great advantage for those people who are knowledgeable enough on this field which we know as a battleground of us.

Don't use a non-reputable exchange in the first place if you join airdrop because IMO, airdrop now isn't worth it and most of them are the root of scams.  Trading isn't always a way of making a profit, sometimes there's frequently loss just to learn in trading.
So they might be afraid because they aren't yet ready for trading.

You make excellent points about the risks inherent in crypto. Trading crypto is challenging, especially for beginners. Scams and losses are common when starting out.  but the solution isn't to avoid crypto altogether or crypto events as there are genuine events that can yield you some bucks. First of all do your research, then seek a reputable exchange that prioritizes security and user protections. Take time learning proven trading strategies. Start small with amounts you can afford to lose until you're confident.

I see OP shared some links too, if you're a newbie always try to verify the authenticity of any link before proceeding especially if it isn't from a site or from a popular exchange you're familiar with.  I've participated in spin and win events hosted by popular exchanges like Bitget hence why I say shying away from events or trading isn't the way to stay safe in this industry.
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February 13, 2024, 03:19:46 PM
 #33

Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

Trading have risk while airdrop is free to join for a chance to win free money. Trading is different on airdrop, most importantly trading is not the only way to earn on crypto because there’s DeFi which you can just stake your token to earn passive income and many more.

So joining on airdrops doesn’t mean people is scared on trading but rather they just want to get the opportunity of having free token by free participation. Besides newbie should be scared on trading especially if they don’t know what they are doing because you re just feeding the smart trader your money as their take profit. Trading is complex to earn consistently while investing is the one which is simple that only requires you to hold. Maybe you mixing things here.
I share your sentiment but still feel feel we need to clarify the kind of trading involved here cos spot is safer compared to perp futures and if it
 event link shared OP allows participant to choose their preferred type of trading; then no worries it's a go for me as long as tokens I spot trade are determine by me.
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February 13, 2024, 04:23:41 PM
 #34

People are afraid of trading since they know it carries a lot of dangers and is unaffordable for those who lack emotional stability. Some people also prefer not to pursue trading because they need money right away, and trading takes a lot of patience in addition to the education and experience to manage your trading without losing money.

However, even when people are told that there are risks involved with trading, they remain unconcerned because they are already addicted to it and make a lot of money. The one advantage is that they can sometimes lose a little amount of money while also making a larger profit sometimes, that's all about the trade.

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February 13, 2024, 04:29:05 PM
 #35

If you swap crypto for crypto crypto. Then what? You will need a fresh start.

Throw some "shit" and see what sticks.
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February 13, 2024, 04:48:55 PM
 #36

The reason why you don’t see many people venturing into trading most especially the future trading is the fact that it actually needs two things. One is the substantial knowledge on technical analysis and fundamental analysis, and the other is capital. Trading is regarded as gambling by some and for you to earn from it you have to have your own capital to start off. Just like you said many of those people that venture into hunting for airdrops are those that do not have the capital or aren’t even ready to risk there funds into it, so they result in just investing alone
A high trading skill is required to be successful in trading.  And for this a person must understand technical analysis and have a good knowledge of the market. But most of the people do not have this knowledge and jump into trading after seeing the success stories of others. But when they start trading they start losing. And from that time fear came between them. And those who do Airdrops or bounty hunters don't have much capital. Because they are afraid and don't want to take risks it might be less of a problem for them which I agree with

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February 13, 2024, 05:14:53 PM
 #37

I can see why, it is a scary thing to do because there are so many people who lost money while trying to trade, that's the most important reason to be fair. I get that it feels like sometimes it is not that easy to handle, and sometimes we lose money, because of that we should consider the possibility that we are going to end up with a loss here and there, and we need to be more careful about it as well.

I know that we are going to have some issues with this, and this is why we need to focus on how to make some money, but trading is not that easy for many people so they do not make that money from there. It is better to find another way, like long term holding, if you are not sure if you are a good trader or if you want to do it.

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February 13, 2024, 06:07:39 PM
 #38

Trading is not what we can expect anyone to get into without having the adequate preparation on going into it, there's risk in trading and this doesn't have to do with whether you're knowledgeable in it or not, anyone can make a mistake while trading and it does not mean only the newbies do, but we cannot expect that someone who has no idea on the way to trade or the risk in trading dabble into it without coming empty, everything that comes in with an opportunity has it risk and demands included, those that make trades also have their worst days experience and the ones they also feels excited about while trading.

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vs2014
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February 13, 2024, 06:07:57 PM
 #39

Before starting any business you should have enough knowledge on fundamental analysis and the other is capital. There are many people in this crypto world who want to venture into trading too early and many people rush into trading without any analysis which leads to huge money losses. There is no shortage of technical analysis in trading and the more you practice the easier you will find for trading. But the dangerous thing is that you should not be attracted by someone else profits fund.


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Issa56
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February 13, 2024, 06:49:27 PM
 #40

Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.
Trading is not the only way people can make money, some people believe they can make money from airdrops and other things, and I do encourage people to do what works for them most. Some of them don't even have enough capital to start trading, so they believe if they participate in airdrops and make enough money, then they can start trading. And I will also say not everyone is ready to trade, not everyone want's to learn how to trade. Because of the risk associated with it, some people just can't take the risk, so they prefer to participate in things in which they know they won't be risking their money.

If people who are trading are not making money, then they will have stopped, but some people are finding it difficult to trade because they don't want to learn how to do analysis and trade. They are always looking for easy ways, which is why some of them do end up looking for trading signals.

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