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Author Topic: Why are people getting scared to Trade  (Read 2983 times)
Z_MBFM
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February 18, 2024, 03:46:12 PM
 #101

The answer is simple. They love their hard earned money and without proper preparation they don’t want to trade. Trading is not an easy task. You need to have proper technical knowledge in order to make profits from trading. If you don’t have enough knowledge about the market and do trading blindly, then forget about profits, you will be sinked in losses only. Hence, many people try other stuffs many time to make some good cash.
I agree with you earning money is very hard work but when one is trading it becomes a challenge to make profit. If one does not have proper knowledge in the field of trading, he will never be able to profit. that is why many are afraid of trading. And it's normal to be afraid. so if one wants to make a safe investment and if they have enough money to make a long term investment then they can choose strong currencies like Bitcoin, ETH. because long-term investment in these potential currencies can bring very good profits











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Gladitorcomeback
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February 18, 2024, 04:15:19 PM
 #102

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.

You are absolutely right and I think 60% users prefer free airdrops over trading even if airdrops give small amount but it's free and no risk of losing. I have joined more than 10 airdrops channels where number of members are more than 10k and except 3-4 member all other members just looking to farm free airdrops including ecosystem and exchanges airdrop.

I also prefer free airdrops because I lost more than 3k$ once in trading and after that I gives full attention to free airdrops and fortunately I made a very good profit from these events. Trading is fast way to earn but you need a very good amount so in case of losing you have a chance to recover.


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February 18, 2024, 04:47:00 PM
 #103

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.

You are absolutely right and I think 60% users prefer free airdrops over trading even if airdrops give small amount but it's free and no risk of losing. I have joined more than 10 airdrops channels where number of members are more than 10k and except 3-4 member all other members just looking to farm free airdrops including ecosystem and exchanges airdrop.

I also prefer free airdrops because I lost more than 3k$ once in trading and after that I gives full attention to free airdrops and fortunately I made a very good profit from these events. Trading is fast way to earn but you need a very good amount so in case of losing you have a chance to recover.
I think it's because it's free and there's no risk that makes people choose to participate in airdrops, rather than trading. Most people who are still learning have to master complex knowledge, so that if they make a mistake they can lose until their capital runs out. but it is not uncommon for people to seek capital from airdrops to trade so that their psychological burden in trading is lighter

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February 18, 2024, 06:15:54 PM
 #104

Maybe most people trade at a loss, so they choose to invest long term. I myself don't like trading, not because trading is gambling or not, because every time I trade I definitely lose, in most cases, I get momentum and profit several times, then I lose again. So now I have decided to stop trading, if someone says to use this analysis, some suggest that analysis, I have tried everything but still lose. so my current path is airdop and bounty, there is no risk, most of the projects are scams or don't get paid Grin Grin

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February 18, 2024, 06:20:24 PM
 #105

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.
There must be technical too that are involved and one example of it is the capital or on how we budget it to do different things that can improve our business, so we should analyse this too aside from fundamentals but capital can also be considered as the fundamental or the base of our business.

I think the reason on why so many newbie traders wants to start real trading immediately is because they think they are too late already from it. This is a wrong mindset. They should only be calm and patient because that will help them earn a better profit than if they will rush. TA's are always there but only for a person who is creative and knowledgeable.

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February 18, 2024, 07:53:37 PM
 #106

Many people are afraid of trading because they are unable to accept the risk, and may not be confident in their trading abilities, I personally also experience this, I sometimes take a safe position for myself and try to join events to get bonuses, but if I am confident with my trading skills, of course I will focus on trading, without looking at anything else

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February 18, 2024, 08:09:57 PM
 #107

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.

Before I go further, I just want to ask you, have you try trading by yourself to see the challenges and to know why people don't really like trading, a test will convince you more why people don't really like trading.

Trading involved three basic things, your knowledge acquired about trading, your experience and lastly your time. Some people have the knowledge but don't have the experience and the time because of their outdoor work and hustle, these set of people like to hold their coins rather than waste their precious time looking for support and resistance.

Some people have the knowledge, they have the time but don't have the experience to enjoy the trend of the market, these people try and try but hardly make it in trading and along the line, they gave up and either buy and hold or give up and face other ways to make money.

Only few people trade because it's their hobbies, a lot of people that you think they trade don't actually trade in reality, most especially those Youtubers, they are influencers that depend on bonus from referrals and discount.

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Kelvinid
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February 19, 2024, 05:45:41 AM
 #108

The answer is simple. They love their hard earned money and without proper preparation they don’t want to trade. Trading is not an easy task. You need to have proper technical knowledge in order to make profits from trading. If you don’t have enough knowledge about the market and do trading blindly, then forget about profits, you will be sinked in losses only. Hence, many people try other stuffs many time to make some good cash.
I agree with you earning money is very hard work but when one is trading it becomes a challenge to make profit. If one does not have proper knowledge in the field of trading, he will never be able to profit. that is why many are afraid of trading. And it's normal to be afraid. so if one wants to make a safe investment and if they have enough money to make a long term investment then they can choose strong currencies like Bitcoin, ETH. because long-term investment in these potential currencies can bring very good profits
That is why trading is not for everyone nor it was forced on anyone but this is for those who are risk-takers. We are not just talking about how we can afford to take risks but what we are pointing out is how to earn a profit if we only have knowledge and skills but no emotional control or if we are greedy. It definitely won't be going to success but see failures and losses. As we've been trading, it doesn't just mean that we can afford to take risks but we also can afford to adapt to the situation and eliminate those negative factors that will hinder success.

Scares are usual but it can eventually change especially if we trust ourselves that we can do right.
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February 19, 2024, 09:01:55 AM
 #109

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

Absolutely, you've hit the nail on the head. Trading, especially futures, is no small feat. Mastering the art and science of technical and fundamental analysis, is not easy and let's not forget, you need a decent chunk of change to get started.
For many, trading feels a bit too much like rolling the dice, which is why people without the saving or those hesitant to take the plunge often opt for chasing airdrops or sticking to straightforward and mostly guaranteed investments. Plus, trading's a serious time sink. And while turning to investment funds or advisors could ease the burden, the sheer number of scams out there has left a lot of people skeptical and hesitant to jump into the trading world at all.
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February 22, 2024, 03:57:10 PM
 #110

As we've been trading, it doesn't just mean that we can afford to take risks but we also can afford to adapt to the situation and eliminate those negative factors that will hinder success.

Scares are usual but it can eventually change especially if we trust ourselves that we can do right.

We get scared at some point but not letting that fear of losing stop us from going ahead with the plans we have for our life is the reason we succeed in life therefore we shouldn't be getting scared of trading. If we do things in the right way we will succeed, some days we mightn't win but we'll keep succeeding and one day we'll be free from poverty. People are thinking that when we talk about trading it's very hard to win because of the stories that many people are losing when they're trading. The news carries more of bad news therefore when the market crash and traders lose that's what will be making more headline and this is making more individuals get scared of trying to trade. Trading isn't an easy thing but it's not also that hard if you're determine to learn it and begin to make profits.

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March 08, 2024, 10:09:26 AM
 #111

Some people may be frightened by the idea of trading itself because it's an incomprehensible procedure that can cause the trader to lose hope or even fall sick; this can happen without the basic understanding and knowledge before you start trading; they think it's about making money but forgetting that there are both hazards and benefits involved. It is essential that one understands each side of the equation because without this understanding, it is easy to become immersed in the excitement of prospective gains while ignoring the possibility of risks because they don't acknowledge that there are risks involved and fail to learn from the mistakes that they make.
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March 08, 2024, 11:24:09 AM
 #112

Yes, actually I am glad that you did some edits because people been scared of trading. They actually have their reason and then they are not scared because of they don’t want to trade,they are scared because of what they have passed and how they have had a lot of challenge during trading and the lost they have encounter so most people are scared of it so they don’t go into Trading and some people haven’t before, but the experience of their friends or their close ones make them to be scared so they all have their different decision.



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March 08, 2024, 12:44:09 PM
 #113

that's because not many people have the courage to risk their money in the market by trading it. because traders need to analyze the market, study strategies, determine the right position, and manage their psychology, so they can gain profit from the market. and not everyone can do that. so for this reason, most people choose to take part in airdrops or bounties to be able to make money from cryptocurrency, because all they need to do is complete the task given and they will get a reward if they successfully complete the bag. because the risk is lower and does not require high capital, more people choose to take part in the airdrop.

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March 08, 2024, 01:18:20 PM
 #114

In fact, not everyone wants to eat loss juice, many people eat loss, so I am afraid to trade because there are some terrible moments in trade that are actually very dangerous for a common person to face.  Getting tattooed in Burdwan is actually a fashion for everyone, but those who understand or don't understand do it. In fact, those who are working or want to do professional work, if you don't have an idea or your basic idea, don't come here bro.  Because this can be your danger because there is a 98% chance of losing your capital. But as many people currently do, if you have an idea, you can because what is coming now doesn't matter at all because you must keep the capital. Basically, you can.  no
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March 08, 2024, 01:58:43 PM
 #115

This could be the factor they are not confident yet with their skills some of the traders wants to commit to trading but they are afraid of losing their money because of the mistakes possible they will commit when they start the real trading which is common to the people who get hard earned money, but again you would like to earn profit its not trading if you don't risk any capital with this, experience is the best teacher if you make mistake its part of it so you can learn from it once you face again you don't need to get bothered with the market and your decision.

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March 09, 2024, 09:03:59 PM
 #116

      How many years have I been in this field of cryptocurrency business? I have rarely done futures trading, to be honest. I got really used to the spot. Although I also have knowledge of futures trading, that's why I'm more comfortable with spot than futures.

But lately, I've been getting interested in futures, so I'll probably deposit money there and practice little by little so that the profit that can be obtained from cryptocurrency can be dual.

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March 12, 2024, 07:35:17 PM
 #117

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.

Edit

So, like I said earlier I'll do some research about this and I realised that most of you are right. I just discovered that there are many ways people make money out of events, I wasn't too diverse at first before I posted earlier but now I understand.

Judging from these two links the first one is still ongoing while the second one finished last year. So it seems there are different ways to get money in a simple term and be safe with your assets not necessarily mean you must trade especially if you're using a cex

https://medium.com/@fortunedivine04/spin-win-on-bitget-your-ticket-to-exciting-rewards-46b72a605d75

https://www.bybit.com/en/promo/events/earn-carnival


In times like this or this era, the airdrops we have now require that if you want to be one of their participants, you need to have a capital investment. This is one of the requirements of those conducting NF airdrops because you will be using their platform protocol.

So that means you must also know something about trading no matter what, because if you don't put money into their platform, there is no chance of you being a participant in their airdrops, and then there is the risk of not being sure if they will do airdrops. platform.

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March 12, 2024, 08:49:02 PM
 #118

I believe that those people have engaged in trading before and have seen how difficult it is, because as a newbie that came into the industry, they initially thought it was easy, but after some series of loses, they became afraid to give it a try.

To me it's very important that before you ventures into trading, you must go for knowledge first, so as to know how to navigate your way in the market, but they mostly skip the learning process and decided to go into the market that they know nothing about, but sometimes it is good that they will learn it the hard way, after they have been liquidated. So before venturing into trading go for knowledge first, so as to know how to navigate your way in the crypto market.
actually before someone is scared or something the person has already experience or tested this stuff, so from my perspective it is good for you to experience something and they know they advantages and disadvantages of it before you quit from it, because so many persons that enter Into threading today and lose does not undergoes the training of trading And that is why there are experiencing negativity in trading instead of positivity

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
are afraid of trading because the notice that threading is full of disadvantages and it is a a business of luck when you have not not eat the foundation of trading you can't lose whatever thing you have within two minutes that is why many people is afraid of trading instead of them to thread the inventor into investment so I believe now today many people who analyse threading is also a leaner in a trading industry... It is good for you to understand the concept of threading before we associate ourself into it because why many people is condemning trading It is because there have not understand the strategies of it and the joint trading and that makes them to lose whatever they have not many people who rush
into threading is now afraid of trading because of the experience of loss they observed.

You are curious about this simply because you might have not given it a better thought that trading is trading and not the only means to earn from the crypto world.
The most of the reasons why some of them are curious into threading it is because this is threading as the shortest way to make money how to make a profit why they refuse to learn the rudiment of trading before venturing into trading, so that is one of the disadvantages that contributes seriously for down fall of anyone  who refuses to know how to learn the foundation of trading before entering into trading, it is good for you to have the experience of trading first so that when you ventured or when you entered into trading you will not experience a huge loss



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March 12, 2024, 08:59:27 PM
 #119

This could be the factor they are not confident yet with their skills some of the traders wants to commit to trading but they are afraid of losing their money because of the mistakes possible they will commit when they start the real trading which is common to the people who get hard earned money, but again you would like to earn profit its not trading if you don't risk any capital with this, experience is the best teacher if you make mistake its part of it so you can learn from it once you face again you don't need to get bothered with the market and your decision.
Of course there will be risks that will be faced when someone trades and if they don't dare to take risks on the trades they make of course they will never start trading because they are afraid of failure and for those who dare to face risks and are confident in the trading knowledge they have of course They will be able to gain profits from the trades they make even if they fail in several trades, so they can learn from the mistakes they made so that they no longer make the same mistakes when they try again.
No risk No gain.

This is something a main line that we've known but not all would really be considering out such stuff and this is why they would rather be sitting still and doing nothing rather than on making actions
on which they do know that they could lose money instead of earning. To those people who do really tend to take up some actions despite of the risks then they are the ones who do have the chance
on changing up their lives because they did really take up some risks on something that could give out that opportunity on making some additional income.

Trading isnt scary for you to be scared or ran off into. It is really just that there are people who cant really be able to bare up with the risks but if you do really just
see on what are the chances and opportunities for you to be able to acquire on dealing with it then you would surely be appreciating it.
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March 12, 2024, 09:53:23 PM
 #120

Earning a profit in trading is possible if you have good knowledge about this but also, it can be impossible if you just jump into this without any backup knowledge.  If we are a smart person, we choose not to trade if we know the incapability of ourselves. It is not we just scared OP but we are doing not to trade because the chances to earn it are very slim, why do we waste our money knowing that it was impossible?

Just trade as long as we are ready. Learn first and acquire enough knowledge and skills if we want to at least have the chance to earn. There is no magic in trading which is why we should be ready to face the consequences or else, forget about trading. 

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