Does trading belongs to everyone?

[Maus0728]

I think what you're trying to say is if trading is for everyone and if that's what you're trying to say then my take is that it's for everyone but the risk and losses accumulated isn't for everyone, anyone can trade but the wins are a different thing. That's why you still got people talking about how they could've done something different in regards to how they've done their trades or that they could've made some kind of research before jumping right into trading because trading is for every person but whether they win or lose at their trades, it's entirely up to them what they're going to get.

[LogitechMouse]

Re: Does trading belongs to everyone?

Trading is for everyone.
The question is, does everybody can be profitable in trading? Anybody can trade, but not all can be profitable.

We know that there's no restriction to trading at all. I mean everybody can trade. Just create an account and boom!!!. Anybody can trade with a few touches of their fingers. The question now is, will they be a successful trader and when I mean successful trader, they will be profitable in the long run.

Have read most people topic and comment especially the newbies and have noticed that they are always interested in trading more than holding, and of a true trading gives more profits from my own understanding that is why everyone wants to venture into trading. But have we also considered or remember that most of the compliant here is about trading scam or exchange scam. Since is as a cause of trying to fund their account to trade or either trying to withdraw funds from the exchange.

They want to do trading more than just holding because of the fact that you can get more profits in a shorter amount of time in trading compared to just holding your coins. While this is true, they didn't think of the potential risks and losses that they can get whenever they trading. Add also the fact that they're newbies meaning the chances of them losing money in trading would be higher than those who already have experience because they already know how to adjust while newbies aren't.

[Nrcewker]

People need to understand the fact that trading gives more profit than holding the coins, but with more profit, more risk also comes. Hence there is equal probability that you might lose the money more quickly. But most of the newbies overlook this thing and hence they fall for the trading trap. Without taking precautions or proper research they start trading, and hence they face losses at the end of the day. According to me, if you are busy and don’t have time for trading, then holding the best option.

[electronicash]

the issue with newbies wanting to trade is that it takes a lot of losses to learn well in trading. and that's one problem because most of the newbies besides inexperience also have no money.

if they can't afford to lose, the way to do it is in spot market. spot market will be good, especially in the bullish market. long-term spot trading i think is for everyone. as long as the trader knows how to control himself and not change his lifestyle when he makes money from spot training, he can make more money in the spot market.

[Mpamaegbu]

We can make it this way, look for a reliable coin, bitcoin or any other altcoin buy and hold.

Identifying reliable coins is the main issue. Otherwise, everyone in cryptos would be rich. There are few who had been lucky to identify some of these alts and most of them who did/do got/get their scoop from insiders who run the projects. It's called insider information.

Trading is for everyone, but they have to learn trading first. It is not easy to have good trading skills because it requires a process.

You just identified some bottlenecks and those stuff make it easy to come to terms that trading isn't for everybody. Whatever has a restriction means there's a reason for that and that's why the restrictions exist. It's not that there exists intentional and tangible restrictions per se but these are things that have proved difficult for everyone to get on boarded. That's what happens with trading. Not everyone has that patience to wait through the period of skill acquisition. Conclusively, from the prism I see it, and as a trader myself, I've come to the irrefutable conclusion that trading isn't for everyone.

[Alone055]

Trading is for those who have a general interest in the market and trading in general, and not for those who are in it only for the money if you are trying to become a trader just because you want to earn a lot of money and you don't have any general interest in it, you will most likely fail in it because you will have a hard time having a good grip over the things that are necessary for every trader to know, starting from the trading practices.

When you enter the market with the purpose of earning a lot of money while you have never had any interest about financial markets, your focus will not be on the market but it will be on your money and the amount of profit you can get from it, and that is a very big distraction if you ask me. You can become an efficient trader only if your focus is on the market and you are not looking at the percentage of profit that you can earn as a first thing because your first priority is to understand the market so that you can execute your trades in a good way.

If you aren't able to do that and find yourself in trouble, understand that trading isn't for you and you need to start making investments in assets that you know are good such as Bitcoin and wait to get some profit in the long run.

[Dewi Aries]

There's different ways that we wanted to choose for, trading couldn't be done in an easy ways to learn. We need to test the depth of a river, it made me remember to that saying. In reality it's more like a trial and error, so if you fail into something with trading I guess that would be a biggest challenge in life.
Well if trading is really for you, then we should work hard for it and learn something interesting to reach success.
There's no easy money in the first place, that's why learning should be in a process and not done in a rush strategy.

I think we all agree that trading is difficult but actually trading is for everyone, this profession does not depend on your background, no matter who you are. Trading is for everyone but maybe what distinguishes it is that not everyone has the same mentality in undergoing the process of difficulty and this is what distinguishes why some people succeed and some people fail, the question is if for example there are people who succeed then why did you fail? actually a lot of reasons for this question which usually they say something that leads to self-defense, but it doesn't matter because there is absolutely no compulsion to always survive.

I think whether or not this profession is suitable depends on how they respond to the world of trading, it's not just about making a profit, I understand this is the main goal but if for example you see all the lessons in the world of trading or anything related to trading as fun for you then believe me you will not feel too pressured by all the difficulties that can cause tension and you will also not mind working hard to achieve success.

[senyorito123]

There's different ways that we wanted to choose for, trading couldn't be done in an easy ways to learn. We need to test the depth of a river, it made me remember to that saying. In reality it's more like a trial and error, so if you fail into something with trading I guess that would be a biggest challenge in life.
Well if trading is really for you, then we should work hard for it and learn something interesting to reach success.
There's no easy money in the first place, that's why learning should be in a process and not done in a rush strategy.

~snip~

I think whether or not this profession is suitable depends on how they respond to the world of trading, it's not just about making a profit, I understand this is the main goal but if for example you see all the lessons in the world of trading or anything related to trading as fun for you then believe me you will not feel too pressured by all the difficulties that can cause tension and you will also not mind working hard to achieve success.

Indeed, but for those who didn't feel it to be fun I think that would become their burden in the future. Emotions is hard to fight in so many ways, and not every individuals are strong enough to battle stress when they saw trading volatility affects every market movement. Personally, I have undergone several challenges during the peak season of my coins and when I saw them all declining during bearish period? Tremendously my emotions resulted to negative effects in the long run.

[Bravut]

Not everyone can trade but everyone can trade, Trading is learnt,  it is a process were you are tested by the market. Holding is an investment method, anyone can invest and also trade.

Trading is for everyone but not everyone will have the guts to trade, The market will screen those who are ready and fit, that's just the truth. Trading is all about knowing the right thing to do and at the right time, taking it as a business not  some gambling stuff you think you profit off through guess work or chance. Trading need individuals that have discipline and patience.


Many are called but few are chosen.
If you want to be among the few, trust the process and remove every iota of bad habits.

[Distinctin]

Trading is for everyone, but they have to learn trading first. It is not easy to have good trading skills because it requires a process.

Finding coins that can generate profits is difficult, and not many people can do it. But if they have analytical skills in trading, they can find the right coin. Most people rely on other people to buy their coins, making it difficult for them to make a profit.

When trading, they must also be able to find a trusted exchange so that they do not experience fraud. If you want to buy coins from other traders or P2P traders, you have to make sure the trader is trustworthy. Everything must be confirmed first to avoid fraud and also make a profit.

Trading is not limited to certain individuals who have high knowledge and skills, as it can be for everyone who is interested to trade as long as each trader will be patient enough to learn the process. After constant exposure and experience in the market, eventually they will come to evaluate theirselves if they can still be reliable and confident in trading or they’ll just settle with the less risky which is buying and hodling.

While trading enables traders to gain significant profits, hodling as well is also capable of making it. However, it greatly depends on the coins you are hodling. But as long as it’s bitcoin, you know your long term investment will be much safer and more profitable compared to altcoins or shitcoins.

[Rruchi man]

~

There are other ways to profit from cryptocurrency and trading is just one of those ways. Trading is actually not for everyone. But how can an individual know that trading is not for them??

Trading is not for you if you have tried learning the basics of trading and still are not able to understand it. If you invested a lot in learning online and offline and still have no progress, maybe you focus on other ways to make money from cryptocurrency either just from holding or mining.

If you notice that your interest in the market is not consistent, trading may not be for you too.

[Frankolala]

Trading is for everyone, but it is not everyone that can be a good trader. Especially those people who thinks that they can get rich quick with trading without giving it the needed time to study it, and understand the market. Instead, they just come into the crypto space buy coins at start trading with no knowledge.

Trading is complex, and only few people can dedicate their time to it to come up with their own strategies which they can use to make profit. Even at that, if a little mistake is made, they will run at big loss. People that cannot be patient and control their emotions will end up being a bad trader, because they will always run at loss. Holding is not stressful, and gives higher profit in the long run.

[GbitG]

Yeah people start trading without gaining enough knowledge and then complain that they aren't able to trade in a good manner. I mean it's your mistake that you aren't practicing enough and starting to make trades which isn't the right way to do it. You need knowledge first and then you can start making trades successfully, otherwise, you will see yourself failing again and again and then rage quit considering yourself a complete failure as a trader.

In financial markets like this one, people who have enough patience and determination can stay very long because if you are not determined and patient, you will quit very soon because you can't make successful trades all the time as even the experts tend to face losses sometimes but they stay focused.

[Viscore]

I think what you're trying to say is if trading is for everyone and if that's what you're trying to say then my take is that it's for everyone but the risk and losses accumulated isn't for everyone, anyone can trade but the wins are a different thing. That's why you still got people talking about how they could've done something different in regards to how they've done their trades or that they could've made some kind of research before jumping right into trading because trading is for every person but whether they win or lose at their trades, it's entirely up to them what they're going to get.

Trading is definitely for everyone but we can’t expect for everyone to get the same outcome with trading. There are those who trade with great expertise, so they’ll end up making it huge with trading. However, for those who are still starting to learn the process in trading, they are more susceptible to committing mistakes and losses, and from that they can learn great lessons that would establish their trading career.

Moreover, trading is not advisable for those who find it hard managing their emotions. Otherwise, they would only trade following their greed, which is certainly not a good trading perspective.

[Dr.Bitcoin_Strange]

I just couldn't get my hands on a picture that differentiated and explained the difference between trading and holding so well, but I believe you must have actually come across that picture on the forum, where the road to holding seems more smooth than the road to trading.

Actually,trading is not only more difficult than holding; trading requires skill, patience, discipline, dedication, etc. Despitethe fact that trading is not that easy to learn, it is still for everyone; it's the choice of anyone to either learn how to trade or not. 

Trading is about profit and loss; even those who have been so experienced and old in trading sometimes experience losses, which is why newbies must be determined and willing to accept their losses; otherwise,  they might just easily bust their account and lose every dollar they have invested in trading. 

[lalabotax]

Does trading belongs to everyone?

It's actually simple, trading can be done by everyone. However, in reality and in the end, not everyone is able to trade well. The point is to trade based on good analysis, in terms of TA or FA, or other analysis. Because, trading is not just buying and selling. but there is a certain analysis so it is appropriate to take what coins, at what rate, with what margin, take profits at what rate, and various other analyses, and to be honest, this is not easy.


Therefore, many people believe that if they are not ready for such complex betting, it would be better to just avoid it, before learning and being properly prepared to do the betting. rather than having to bear much higher risks.

[batang_bitcoin]

You have to discover your place in crypto-space if you noticed you aren't making progress in trading then divert to investment and, you must know the types of coin you will invest.

I 100% agree on this one. If you think that you are for trading then proceed and continue, experience all of the gains and losses in there so that you become a great trader. But if you find yourself that you're not for it, there's still a place for you and that's to become an active investor and just do things passively when you don't have to actively engage in the market but you just do bulk buying and selling and whenever you have seen the opportunity knocks on your door.

[macson]

Have you ever heard the sentence that not everything in this world you have to own and master, the same goes for trading, trading is not for everyone but everyone can try to learn trading, depending on the intention and how persistent the person is in honing their skills in trading and trading knowledge.  If you want to try trading just for fun, that's not a problem, but one thing you have to understand is that good traders will not use trading as a fun activity, they will be focused and firm, and consistent in trading because of the time, mental energy and money you put into it all when you trade.

[Coyster]

Trading is nobody's exclusive right, everyone is free to do whatsoever they want to do, if you want to trade, go ahead, if you want to buy and hodl, be my guest.

That being said, we must advise newbies not to trade from the beginning of their crypto journey, and that is because at that time they do not have the skill or knowledge to trade, and since they are new, if they lose money, they are likely to leave the network and call it a scam. Newcomers should learn about the network first, before they start "gambling" with their money through trading.

[SatoPrincess]

You have to discover your place in crypto-space if you noticed you aren't making progress in trading then divert to investment and, you must know the types of coin you will invest.

Right! Not everyone is cut out to be a trader. The art of trading transcends skill and knowledge, you need focus and discipline to be successful in trading. There are other ways to make a living in the crypto space. You just have to find your niche and learn to monetize it. For example, you can start an educational website to teach newbies everything they need to know about Bitcoin or open a YouTube channel for crypto content. This is one of many ways you could make money in the crypto space.