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Author Topic: Why are people getting scared to Trade  (Read 2963 times)
MissNonFall9
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May 23, 2024, 04:57:48 AM
 #201

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

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

A person must invest minimum capital in order to earn a standard level of profit in trading. And to build this capital many can attend airdrops or crypto events. Two other things that are very important in tread are adequate knowledge and good skills. I have analyzed various online jobs people have realized that there is no alternative to trading to get good profits.

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May 23, 2024, 05:29:33 AM
 #202

That's what comes to their mind the first time they know the word trading, yes, they think that trading is an activity that can bring profits quickly, even though in reality it's not easy at all.
When they try to do it, what they think and what they feel will be very different. People like this are usually people who want an instant way to get money.
When they lose money, they will become afraid and will even think that trading is something like a Ponzi scheme or fraud. Even though it was their own fault.
People like this are people I meet a lot, and they even say something to invest in us so that we run their money (trade with their money) and share the profits.
On the moment that you would really be making those outright conclusions about trading and trying out to reflect yourself that you could really that easily do it without any issues then you are really that subject on messing up yourself into this manner. Sooner or later you would be able to find out that experiencing those huge loses specially if its your first time and since you dont have the experience on how to do it then loses would re ally be inevitable and these things could really be giving out that kind of realization that dealing up with this market is never been that easy. Some could comeback stronger and wiser but there are those people who would completely turned their back just because they had experience the worst or simply they dont like to lose money and this is why they get scared.

On the moment that you would really be that making yourself that having that kind of mindset then it would be better to reassess yourself and getting in lien with the reality.
Trading isnt for everyone but doesnt mean that you wont really be tending to do it because of the imposed risks.
Yes, anyone who has a thought pattern like that will screw themselves up, because from there maybe we will go in 2 different directions, the first as you said they will come back with the right thought pattern, and the second they will be right actually left him and never came back.
At the beginning we really have to have the right thought pattern, so that it won't lead us astray with all the ease that we think at the beginning, because once again, trading is not as easy as it seems, it is more complicated than we think.
If they come back with better thoughts, then that person is most likely someone who wants to change, but on the other hand, those who don't come back and even consider trading to be something wrong, then that person is likely someone who always thinks about instant methods.

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May 23, 2024, 05:34:00 AM
 #203

There are people who are scared but there are also people who's not, it depends on the situation and the past experiences in trading, if you experience earning then you will do trading without any hisitation while if you experience lose then i am sure you will afraid to do trade again specially when you are a small time trader and you lose big amount of money the market is now becoming more harder to predict very high volatility but if we really want to earn then it is still good to trade but in a very careful way to avoid more loses.

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May 23, 2024, 06:15:49 AM
 #204

That's what comes to their mind the first time they know the word trading, yes, they think that trading is an activity that can bring profits quickly, even though in reality it's not easy at all. When they try to do it, what they think and what they feel will be very different. People like this are usually people who want an instant way to get money.

This is not their fault for thinking that trading is easy. It's the fault of scammers and social media influencers. Every time you visit social media, whether it's Instagram, Facebook, or Twitter, you will start seeing random ads about traders making money and providing signals for beginner traders. Many people fall for that trap and start their journey without knowing the basics.

Some people become greedy after seeing that a trader is making thousands of dollars a day. They couldn't understand one thing that they don't have the thing which that trader has, which is experience. Not everyone makes money from trade, but some lose as well.

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May 24, 2024, 05:01:32 PM
 #205

There are many reasons why we don't see many people afraid of trading in the crypto world, first they have to be prepared with a strong mentality and have to learn many things in trading, not only with capital they can trade. In crypto, the market price is very fluctuating all the time, it is very risky if the fundamentals are still lacking, there could be panic when there is a market correction. Most people are still afraid of the online world because they are still unsure about the future development of cryptocurrency, whether it will continue to shine or will be hampered.
We have to know that the world of cypto investment has two options, spot (long term) or future (short term). If we are not ready and have enough experience with one of the things I mentioned above, such as future trading, it would be better for us to avoid this trading. Futures have much greater risk than spot. Even though experienced people will definitely have that fear, it is a normal thing that happens if someone wants to trade. The reason is that they only speculate on the market, none of the indicators they use are truly correct or perfect in determining the price.

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May 24, 2024, 05:58:53 PM
 #206

If others are afraid to try trading, don't trade. It's a stupid thing to trade and then lose from trading. Because real traders are risk-takers, that's why other community investors always
say in this field that you invest at your own risk.

Trading can give you profit, and trading can also beat your capital, and that's normal for the beginners who come up with trading activity here in the cryptocurrency business.
It is really necessary in crypto trading to have a whole heart, cowards are not allowed in trading activity.

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May 24, 2024, 09:07:36 PM
 #207

Well, when someone looks for other ways to earn coins, such as from airdrops or other events, this doesn't mean they are afraid of trading. They do this because it can also bring profit to those who do it. They can use the money they earn from the airdrop or event for investment or trading capital. However, it is just one of the ways used to raise money. They could use the money for trading or other things.
Presently people believed in airdrops more than trading. And the reason what people like airdrops is because airdrop is not stressing people like trading. And and in airdrop you don't have to worry so much because you might not spend anything but you your time to perform some necessary tasks to propagate the airdrop. But in trading you have to be with your device calculating the chart to follow if the market is favoring you or not.

Trading is more risky. If you are not knowledgeable enough to trade then you will lost all your money but the only risk in airdrop is that after all your stress and time if the token was not able to be listed in any exchange then you have wasted your time and energy.

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May 24, 2024, 11:22:16 PM
 #208

There are many reasons why we don't see many people afraid of trading in the crypto world, first they have to be prepared with a strong mentality and have to learn many things in trading, not only with capital they can trade. In crypto, the market price is very fluctuating all the time, it is very risky if the fundamentals are still lacking, there could be panic when there is a market correction. Most people are still afraid of the online world because they are still unsure about the future development of cryptocurrency, whether it will continue to shine or will be hampered.
We have to know that the world of cypto investment has two options, spot (long term) or future (short term). If we are not ready and have enough experience with one of the things I mentioned above, such as future trading, it would be better for us to avoid this trading. Futures have much greater risk than spot. Even though experienced people will definitely have that fear, it is a normal thing that happens if someone wants to trade. The reason is that they only speculate on the market, none of the indicators they use are truly correct or perfect in determining the price.
We must be able to choose a good and correct trading method. Spot Trading is the best way for those of us who want to trade calmly without having to be afraid of losing the money we have when we make the wrong decision because we can still hold it until the price rises high. Meanwhile, trading futures is very noisy. When we make the wrong decision, the assets we use for trading futures can be lost instantly.

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May 25, 2024, 10:39:52 AM
 #209

Very few people can get ahead by trading. People who lose their only assets trading are very scared and after that don't know what to do. Trading is not a two-day thing, many people do not master it even after years of research. People who only follow social media, who follow signals and go trading, I think they are making the biggest mistake. Trading  requires patience, time and extensive research. But the most important thing is how far you can go with your trading depends on your money. Never start trading with less capital, because you may lose money in the beginning.
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May 25, 2024, 11:20:56 AM
 #210

There are many reasons why we don't see many people afraid of trading in the crypto world, first they have to be prepared with a strong mentality and have to learn many things in trading, not only with capital they can trade. In crypto, the market price is very fluctuating all the time, it is very risky if the fundamentals are still lacking, there could be panic when there is a market correction. Most people are still afraid of the online world because they are still unsure about the future development of cryptocurrency, whether it will continue to shine or will be hampered.
We have to know that the world of cypto investment has two options, spot (long term) or future (short term). If we are not ready and have enough experience with one of the things I mentioned above, such as future trading, it would be better for us to avoid this trading. Futures have much greater risk than spot. Even though experienced people will definitely have that fear, it is a normal thing that happens if someone wants to trade. The reason is that they only speculate on the market, none of the indicators they use are truly correct or perfect in determining the price.
We must be able to choose a good and correct trading method. Spot Trading is the best way for those of us who want to trade calmly without having to be afraid of losing the money we have when we make the wrong decision because we can still hold it until the price rises high. Meanwhile, trading futures is very noisy. When we make the wrong decision, the assets we use for trading futures can be lost instantly.
When we are starting on dealing up with trading and we are that a complete noob or newbie then it would really be just that right that you should really be starting with spot trading and not really that tending to go with futures and this is something a very suicidal thing for someone to do so specially when dealing up with trading or unpredictable market. Why people are scared on doing trading? Just because they are really that scared on losing money and due to lack of knowledge and skills then it would really be that normal that you will really be having that kind of hesitation.Its normal that human beings will really be that skeptical on the things that they are dealing with specially if it talks about losing money then it would really be normal that you would be having those doubts on making that further step.

We do know that we would really be needing to sacrifice or taking up some risks for us to earn and if you would really be that making yourself getting overcome by your fear then you cant be able to press forward.
In compared into those people who do take up some risks just because they've been that accepting into those probabilities that they could lose money but in exchange they would really be having the chance or condition that they might be able to earn more on which totally opposite into those who havent been decided on taking up further step on which it will really be just that basing or depending
on how you would be taking up decisions on this one.
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May 25, 2024, 12:26:03 PM
 #211

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.
They are simply afraid to losing their money, especially most of the users that participated in airdrop campaigns come from 3rd world country and they really can't afford money to do trade, hence they joined most or even all of the campaigns available out there for some not guaranteed pennies. Even then they get the rewards from there, they just sell it right away after they get the reward. If you call that trading then sure.

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May 25, 2024, 12:45:08 PM
 #212

You are supposed to know trading is very risky,every one who trades has his mind and emotions to deal with.The reasons why most persons are so scared of trading is simply because losing is very common,It is just like gambling,where anything can happen,you can win at anytime depending on the strategies you use.
That is why people avoid trading,If you should lose,your mind won't be at rest because of the amount you invested in it,so it is better for those who have a strong mind and are financially bouyant enough,but for those who barely feed,it is will be difficult to indulge in trading.

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May 25, 2024, 03:19:57 PM
 #213

You are supposed to know trading is very risky,every one who trades has his mind and emotions to deal with.The reasons why most persons are so scared of trading is simply because losing is very common,It is just like gambling,where anything can happen,you can win at anytime depending on the strategies you use.
That is why people avoid trading,If you should lose,your mind won't be at rest because of the amount you invested in it,so it is better for those who have a strong mind and are financially bouyant enough,but for those who barely feed,it is will be difficult to indulge in trading.
Losing is a very common and as-usual thing in trading, if you are a little different-minded it is all over but winning is a lot of effort that is why many people are afraid to trade and keep their distance as you said rightly. But trading is the only way to make money if one can control ones psychology with patience.

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May 25, 2024, 03:23:39 PM
 #214

You are supposed to know trading is very risky,every one who trades has his mind and emotions to deal with.The reasons why most persons are so scared of trading is simply because losing is very common,It is just like gambling,where anything can happen,you can win at anytime depending on the strategies you use.
That is why people avoid trading,If you should lose,your mind won't be at rest because of the amount you invested in it,so it is better for those who have a strong mind and are financially bouyant enough,but for those who barely feed,it is will be difficult to indulge in trading.
Losing is a very common and as-usual thing in trading, if you are a little different-minded it is all over but winning is a lot of effort that is why many people are afraid to trade and keep their distance as you said rightly. But trading is the only way to make money if one can control ones psychology with patience.
No body is getting scared to trade in the market but the problem could comes from not getting the right information to trade in the market. There are lots of traders that are still finding it very hard to make reasonable profits from the market without losing it back.
The is the major challenge of many traders and we hope to get to a stage were making profit will not be that difficult for us again.
We all want to make seeing consistent profits any time we trade and we can still get such profits with time.

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May 25, 2024, 04:27:22 PM
 #215

These activities can truly amplify your portfolio even higher than that of trading activity. Some exchanges like Bitget offers CandyBomb PoolX, and Giveaway to celebrate new listing projects that are worth participating in.
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May 26, 2024, 06:45:26 AM
 #216

No body is getting scared to trade in the market but the problem could comes from not getting the right information to trade in the market. There are lots of traders that are still finding it very hard to make reasonable profits from the market without losing it back.
The is the major challenge of many traders and we hope to get to a stage were making profit will not be that difficult for us again.
We all want to make seeing consistent profits any time we trade and we can still get such profits with time.
If we don't have good information about trading, of course it will be very risky in deciding to trade and it would be better if we had good information before deciding to trade so that we don't make mistakes in making trading decisions and can gain profits from trading.
To be able to get good results from the trading that we do, of course we have to be able to analyze the trading that we do well, because without being able to analyze market conditions well of course someone will be afraid of trading and if they keep trying to trade then there is a big possibility that they will will experience losses on trading.

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May 26, 2024, 08:04:08 AM
 #217

These activities can truly amplify your portfolio even higher than that of trading activity. Some exchanges like Bitget offers CandyBomb PoolX, and Giveaway to celebrate new listing projects that are worth participating in.

I think that those who have experience and skill in trading should never be afraid to trade, because they can make profit whenever they trade, if they can make a close estimate using previous experience, it is possible to make a good profit. If one is able to wing 7 out of 10 trades then he will be in profit.
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May 26, 2024, 09:48:12 AM
 #218

These activities can truly amplify your portfolio even higher than that of trading activity. Some exchanges like Bitget offers CandyBomb PoolX, and Giveaway to celebrate new listing projects that are worth participating in.

I think that those who have experience and skill in trading should never be afraid to trade, because they can make profit whenever they trade, if they can make a close estimate using previous experience, it is possible to make a good profit. If one is able to wing 7 out of 10 trades then he will be in profit.
Most of these people do not have the finances to trade so with the little capital they have in their trading account they tend to manage it and take high risks and that is why they are scared of trading most of the time. Experience in trading doesn't mean a trader will continuously be in profits, some days are rainy days and some days are dry season. What makes a successful trader is the ability to control greed, maintain patience and maintain consistency.

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May 26, 2024, 10:03:55 AM
 #219

These activities can truly amplify your portfolio even higher than that of trading activity. Some exchanges like Bitget offers CandyBomb PoolX, and Giveaway to celebrate new listing projects that are worth participating in.

I think that those who have experience and skill in trading should never be afraid to trade, because they can make profit whenever they trade, if they can make a close estimate using previous experience, it is possible to make a good profit. If one is able to wing 7 out of 10 trades then he will be in profit.
Most of these people do not have the finances to trade so with the little capital they have in their trading account they tend to manage it and take high risks and that is why they are scared of trading most of the time. Experience in trading doesn't mean a trader will continuously be in profits, some days are rainy days and some days are dry season. What makes a successful trader is the ability to control greed, maintain patience and maintain consistency.
There's no harm in doing both. because I personally do both. I always jump at every opportunity that comes before my eyes. I do actively trade every day because I am a day trader. But I'm also always interested in every event at CEX or something like that. Participating in launhpad/pool, taking part in presales, I even sometimes hunt for airdrops. And usually we don't do this because we don't have enough capital to trade. But sometimes it's quite fun when we get extra income. Because sometimes in trading we don't always get big profits every day. There are even market situations where we have to stop trading and monitor the market first and make an analysis of where the market will move next. Those who are afraid of trading may be because they initially took big risks too often and ended up losing which made them stay away from trading. But actually defeat is a step that must be taken to strengthen your mentality and be used as a lesson in experience. May we all always be successful in the trading we do.

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May 26, 2024, 11:15:27 AM
 #220

I think that those who have experience and skill in trading should never be afraid to trade, because they can make profit whenever they trade, if they can make a close estimate using previous experience, it is possible to make a good profit. If one is able to wing 7 out of 10 trades then he will be in profit.

Experienced traders are not afraid of risk or trade because they have the idea to cope up with the risk but newbies often feel insecure due to high risk in trading as they have not experienced it before.

If any person knows well about the market and the coins then he will boldly decide about his next step but those who don't know anything will be afraid that his decision may not turn into the wrong decision. If your losses are minimum and wins are maximum then you are a good trader but if the number of losses increases then it is necessary to take a break from trading.



 

 

 

 

 

 


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