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Author Topic: Does trading belongs to everyone?  (Read 920 times)
SmartGold01 (OP)
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April 18, 2024, 04:19:52 PM
 #81

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.
Trading is for everyone if one has a budget for trading. And that money is idle money for him. Trading does not guarantee one constant profit but it is possible to profit from trading if one has long experience and skills to analyze the market. Because in the case of trading, to buy any token or coin, you have to do a good research on that token or coin that there is a possibility of it crashing or not. So everyone must have the ability to do this research to be successful in trading. Trading is for everyone if everyone has analytical skills. otherwise trading is not for everyone
Let me refresh something back to you in comparison to how people see trading..
You, during our sec school, we always have this mentality or being deceived by our elderly people about education. When you are in sec school you would see people saying 'I want to become a Doctor, I want to become an Engineer and so on' but without them knowing what is inside. By the time most of them goes into that career you would see that they are finding it difficult to cope why because they listened to their parents saying you will study engineering and you will study Medicine without letting their children decides for themselves, by the time they deep their heads inside that to study the course they would see that is not by saying that Medicine is for everyone. Yes, everyone can go into medicine or any field of study but how many of them are determined to face the difficulty involved (Reading, buying test book, carrying out practical, developing time for personal research ect)

Alternatively, what I am trying to say is that you may say trading is for everyone but how passionate are they to execute their trading exercise? Most people ends up abandoning the trading on their way either due to one or two lost they incur on the process and possibly they may lose their entire savings just to make sure they are traders but at some point they would began to entertained fear since they have lost before, and possibly most of them went ahead borrowing those money to start trading by the time they weren't able to endure for 1 year or 3 years you would find them channeling their efforts towards another thing in life to make money.

So is applicable to choice of career in life, many people has jumped from one business to another just to make sure they succeed in that business without knowing what is involved to make that business stable and growing. Therefore, investigation is needed just like a feasibility study to know things that are involved before they would say I want to become a trader at least when all these are puts in places then they would know how to fight their fear/weakness in trading.

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April 18, 2024, 06:08:57 PM
 #82

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.

Any investment or business that brings more profits definitely many people will be more interested on it, that is why you will see people like trading because the money they are getting is more favorable from holding and that is how they lose their funds sometimes too, so anything has an advantage and disadvantage, I like trading but because I don't get enough knowledge on it I don't used to touch it sometimes I used to continue learning on it thing I perfect very well. Some people do not make an investigation before doing something if they only hear certain things are giving massive income, They will simply put money in and then complain when they start losing money because most people who lose money on cryptocurrency do not do research, they will just do things for themselves and hope for the best. The best thing is to do research and learn about what you are trying to do with your money.

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April 18, 2024, 06:59:35 PM
 #83

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.
The best thing is to do research and learn about what you are trying to do with your money.
Yes you are correct dear.. Information is very important and is one thing a most do from people who really wants to venture into a particular business, be it trading or investment. For one to hold any assets s/he should be able to know how the project works, the team involved and how solid is the community because community speaks more and most people who are investing in that project /coin join the community from then you would see how they talks about a particular coin. One can also get upcoming events on that particular assets which may likely put the coin in a higher price, also we shouldn't think about how things will be going on smoothly sometimes we should have this thinking that the volatility of cryptocurrencies can cause one to lose his entire assets at any given points.

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April 18, 2024, 08:48:06 PM
 #84

Any investment or business that brings more profits definitely many people will be more interested on it, that is why you will see people like trading because the money they are getting is more favorable from holding and that is how they lose their funds sometimes too, so anything has an advantage and disadvantage, I like trading but because I don't get enough knowledge on it I don't used to touch it sometimes I used to continue learning on it thing I perfect very well.

Many traders are losing when they are trading therefore it is not because trading is profitably to many people that is making others to get interested in trading but it is because some people think that they can make profits from trading without learning how to trade very well that is what is attracting them. People losing when they're trading are those seeing trading as a quick well that they can make money therefore they get interested in it until they see that trading is not an easy thing to do. Trading belongs to everyone but only those that respect trading by first learning the things that are necessary to become successful at trading are those that are going to benefit from trading. While some people are losing, there are many others making profits therefore you can not say trading isn't for everyone. Before you decide that trading is for you, do the necessary things to avoid disappointment.

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April 19, 2024, 02:42:50 AM
 #85

Any investment or business that brings more profits definitely many people will be more interested on it, that is why you will see people like trading because the money they are getting is more favorable from holding and that is how they lose their funds sometimes too, so anything has an advantage and disadvantage, I like trading but because I don't get enough knowledge on it I don't used to touch it sometimes I used to continue learning on it thing I perfect very well.

Many traders are losing when they are trading therefore it is not because trading is profitably to many people that is making others to get interested in trading but it is because some people think that they can make profits from trading without learning how to trade very well that is what is attracting them. People losing when they're trading are those seeing trading as a quick well that they can make money therefore they get interested in it until they see that trading is not an easy thing to do. Trading belongs to everyone but only those that respect trading by first learning the things that are necessary to become successful at trading are those that are going to benefit from trading. While some people are losing, there are many others making profits therefore you can not say trading isn't for everyone. Before you decide that trading is for you, do the necessary things to avoid disappointment.

What I've seen that has become a problem for others is that they think or get stuck in their minds that it's easy to earn or get a profit from trading. But they did not think that there were trading experts called normal traders. The experts did not enter the trading industry as experts immediately; of course, they went through a process. This is something they did not think about when they entered the trading business industry.

Yes, true trading is for everyone, but they forgot that few are chosen to become real traders, though many are called to come up here in this field of business.



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April 19, 2024, 08:05:21 AM
 #86

If you think is not possible to deal with people on p2p trade, look out for those at your locality who is trusted and reliable then you can send your fiat and they s/he sends you the coin (must be reputable p2p trader)
The price we get from P2P trading with local people is sometimes not as good as the price we get if we trade on the exchange, because the people we buy from will take profit of a few percent of the real time price, so it becomes people's reluctance to do P2P unless they are in a state of urgency or this is for long-term hold because we don't want to be constrained by KYC if you use CEX

Most times at the process of learning your trading you make money by holding and after you may have gain your bases then you can fund your account to continue your trading than trying to be in haste to make profits from trading, since everyone is on the move about trading you decided to follow that part with or without knowing trading is not for everyone. 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.
Trading isn't for everyone, so why do so many stick to trading instead of investing? because it is not easy to keep holding onto the coins we have when you see prices rising and traders can make a profit, and only those who have patience will be able to survive as investors and not turn into traders because they understand that profit from investing is better than trading, even though you can make a profit in trading quickly, but when the market does not move according to analysis, losses will usually be obtained.

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April 19, 2024, 08:50:54 AM
 #87

trading is not for everyone because if you trade without necessary knowledge required to know the right signals to follow and how to understand the market very well, you can run into so many losses, so it is for people that have gotten comprehensive knowledge of how trading works that is expected to trade although there is no expert in trading but there are experienced people that knows how to trade. I know how many times I tried learning how to trade but every thing was just looking so scanty in my brain like I couldn't comprehend anything so I stopped developing interest for trading.
Trading is successful for very few people, if everyone could earn by trading, then everyone would become rich, there would be no poor people in the world. But I think it is not possible to get success in trading by just following the signal and in that case you can incur huge losses. To trade be very patient, give enough time and always improve yourself by analyzing the market. I don't know exactly how much time you have spent trading but if you stay here for a long time you will gradually master trading. However, many people give up after 2-3 months of learning the trade without learning anything. However, learning to trade definitely requires patience and long time.

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April 19, 2024, 09:24:27 AM
 #88

What I've seen that has become a problem for others is that they think or get stuck in their minds that it's easy to earn or get a profit from trading. But they did not think that there were trading experts called normal traders. The experts did not enter the trading industry as experts immediately; of course, they went through a process. This is something they did not think about when they entered the trading business industry.

Yes, true trading is for everyone, but they forgot that few are chosen to become real traders, though many are called to come up here in this field of business.
Some people think it is easy to make a profit from trading, of course they have misunderstood trading and they continue to try to trade without having good knowledge about trading so they start trading with no knowledge and this is of course very risky of losing. their money on the trade and it would be better for them to learn about trading well first so that they understand well about trading and can make the right decisions when trading and can make a profit on the trades they make.

It is true that not everyone can make a profit from trading, so it is important for everyone who wants to start trading to understand trading well and be patient with the process they have to go through in order to make a profit on the trades they make.

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April 19, 2024, 02:05:04 PM
 #89

If you think is not possible to deal with people on p2p trade, look out for those at your locality who is trusted and reliable then you can send your fiat and they s/he sends you the coin (must be reputable p2p trader)
The price we get from P2P trading with local people is sometimes not as good as the price we get if we trade on the exchange, because the people we buy from will take profit of a few percent of the real time price, so it becomes people's reluctance to do P2P unless they are in a state of urgency or this is for long-term hold because we don't want to be constrained by KYC if you use CEX
I think the fee shouldn't be what would make someone not grade p2p considering of revealing one's real identity because most at time we don't know what these exchangers uses our data for. If not for one anything it's good to go with no kyc exchange and maybe, as said the p2p the difference could just be few cents or a dollar so, nothing much attached to it in my opinion.

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April 19, 2024, 02:34:22 PM
 #90

Does trading belongs to everyone?
If you ask me personally, of course I will answer that crypto trading is not for everyone, crypto trading is specifically for those who have learned, experience and understand the science of crypto trading, indeed if you look at it trading is easy, but it is difficult to do it.

Trading is not just about having capital and pressing a button, understanding how to do it is also important, we can't just make purchases without being based on market knowledge, trading, charts, analysis and so on require a process to achieve and be able to trade well and make good profits, for that reason not everyone can do it, but if you trade to lose and make losses, maybe everyone can.

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April 19, 2024, 09:28:01 PM
 #91

Some people think it is easy to make a profit from trading, of course they have misunderstood trading and they continue to try to trade without having good knowledge about trading so they start trading with no knowledge and this is of course very risky of losing. their money on the trade and it would be better for them to learn about trading well first so that they understand well about trading and can make the right decisions when trading and can make a profit on the trades they make.

It is true that not everyone can make a profit from trading, so it is important for everyone who wants to start trading to understand trading well and be patient with the process they have to go through in order to make a profit on the trades they make.
Trading is actually not as easy as we think so but even at that people still make money from trading and the money they have made have made have actually help encourage them to continue trading because some situations will just. Trading without knowledge will only make you drown. It is better to get the knowledge first then you can start trading and if you don’t even have idea on trading then there is nothing you can do. If you are avoiding learn then also avoid trading the same time.

Understanding what you are doing is the most important because with this economy we can not afford to be losing money better have the knowledge before you go and throw away money.

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April 19, 2024, 10:05:57 PM
 #92

Does trading belongs to everyone?
If you ask me personally, of course I will answer that crypto trading is not for everyone, crypto trading is specifically for those who have learned, experience and understand the science of crypto trading, indeed if you look at it trading is easy, but it is difficult to do it.

Trading is not just about having capital and pressing a button, understanding how to do it is also important, we can't just make purchases without being based on market knowledge, trading, charts, analysis and so on require a process to achieve and be able to trade well and make good profits, for that reason not everyone can do it, but if you trade to lose and make losses, maybe everyone can.
Exactly. Trading is certainly not for everyone who dream of having it, but only for those who have the knowledge and skills, and good experiences in the market. While it's free to trade in the market as long as there are sufficient funds, but you know it's a lot different if you enter trading without knowing than those who trade with high experiences. Aside that you can't be profitable in trading, it can also leave you frustrated and depressed once you push yourself to engage in trading.

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April 19, 2024, 10:18:03 PM
 #93

Trading is just there; it's up to us if we recognize it positively or negatively. That means, since "Trading" cannot speak, anyone can try it or enter it to do trading activity. You have an interest in learning about trading; of course, you will study it and learn it 100%.

And if you just take a look at trading and realize that you don't really have an interest in learning this lesson but you want to earn from it, it turns out that you are just gambling, thinking that you might get lucky, which is the wrong way.
Trading offers opportunities to everyone who sees it as a profitable side hustle. But that does not mean that every traders gets the same profitable outcome from trading. Of course, not all traders are knowledgeable and skillful on trading in the market, some are just trading and end up like gambling, so expect that they will definitely won’t be able to achieve their goals in trading. However, for those who have been in great preparation before going into a real trade, mostly they end up trading with positive and profitable results.
Precisely. Where there are big opportunities to gain profits, people will definitely push theirselves to that even without having some prior knowledge but unfortunately, it end up leaving them in a mess. This is the reality in trading, not everyone can be good enough in trading, majority are still weak in managing their emotions and are greedy enough to trade, hence majority fail with trading and fall into losing their capital. But for those who trade with confidence and are making good profits in trading, obviously they have been trading for years and have failed and lose a lot of times before they reach their current position.

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April 19, 2024, 11:35:30 PM
 #94

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.

Actually you are right. Everything is determination and consistency, everybody can trade the main thing is the knowledge and the skills including anything that is needed in trading. Before you can profit out of it and this is what many people lack, some people jump in to the market without the knowledge and skills of trading which is very bad.

Quote
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.

All this things you mentioned can be done when you have the knowledge of trading, even finding coin tha will generate profit for you won’t be a challenge if there is the knowledge and skills of what you are doing, if other traders are getting it done you can also do it but requires knowledge. However, Traders who rely on other people to do something before they copy them and do it I can say is knowledge that they didn’t have because if they do, they won’t copy anyone, they will be trading on their own.

R


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April 20, 2024, 05:01:23 AM
 #95

Some people think it is easy to make a profit from trading, of course they have misunderstood trading and they continue to try to trade without having good knowledge about trading so they start trading with no knowledge and this is of course very risky of losing. their money on the trade and it would be better for them to learn about trading well first so that they understand well about trading and can make the right decisions when trading and can make a profit on the trades they make.

It is true that not everyone can make a profit from trading, so it is important for everyone who wants to start trading to understand trading well and be patient with the process they have to go through in order to make a profit on the trades they make.
That is such a sad situation to be in because we get to see the mistakes, and sometimes we warn people about it and yet they are not really doing anything about it. I personally believe that we are not really looking into anything that crazy, we are looking at it like it is a normal situation that is not really all that complicated.

We should probably see the situation changing, and we need to make sure that things are going well enough. I get that it may not be great, and it may cause a lot of trouble, but we need to consider the situation to be different. I get that it is sensitive and we could probably see something changing, we just need to make sure that things are not all that simple, and we can't really change it long term.

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April 20, 2024, 07:52:51 AM
 #96

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.

Actually you are right. Everything is determination and consistency, everybody can trade the main thing is the knowledge and the skills including anything that is needed in trading. Before you can profit out of it and this is what many people lack, some people jump in to the market without the knowledge and skills of trading which is very bad.

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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.

All this things you mentioned can be done when you have the knowledge of trading, even finding coin tha will generate profit for you won’t be a challenge if there is the knowledge and skills of what you are doing, if other traders are getting it done you can also do it but requires knowledge. However, Traders who rely on other people to do something before they copy them and do it I can say is knowledge that they didn’t have because if they do, they won’t copy anyone, they will be trading on their own.

Trading is not for everyone and we can always trade when we have learnt the skill about trading so we don't have to lose money for to bad trade or ineligibility to take trades appropriately. Cryptocurrency is fun if we are making money and can be a problem. When we are not making the kind of money we expect to make. It is wise for us to always search for information before we do anyth6abiut trading.if we know how to trade very well then making money would never be a problem for one.









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April 20, 2024, 02:55:21 PM
 #97

You won't get better deals in P2P and f2f trades, centralized exchanges got the most liquidity almost over 90% means that's where you can buy and sell at your desired rate as long as it matches the market price. Trading can be anyone's but everyone's? I don't think so...









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April 20, 2024, 04:37:46 PM
 #98

Trading is not really for everyone. Only people who like to take risk and have the will and ability can trade. Nowadays newbies are more interested in trading rather than investing. I know people around me who are aware of cryptocurrency and when I talk to them about it they say that by trading they can make a lot of money or profit in a short time. But they are not yet fully aware of this matter which is why they talk about trading so eagerly. But they have no idea how much frustration they will face due to not knowing when they start trading. So of course in trading first you need to get a good amount of knowledge about trading and then come to the market.

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April 20, 2024, 05:01:07 PM
 #99

Trading is not really for everyone. Only people who like to take risk and have the will and ability can trade. Nowadays newbies are more interested in trading rather than investing. I know people around me who are aware of cryptocurrency and when I talk to them about it they say that by trading they can make a lot of money or profit in a short time. But they are not yet fully aware of this matter which is why they talk about trading so eagerly. But they have no idea how much frustration they will face due to not knowing when they start trading. So of course in trading first you need to get a good amount of knowledge about trading and then come to the market.
Yes trading is not for everyone but trading is suitable for those who are experienced with trading. Nowadays people prefer trading instead of investing but they end up trading in wrong coins hoping to get more profit. Beginners suffer in their early stages of trading due to lack of detailed knowledge about trading.

That's why maybe the beginners should be made aware of the importance of trading education and experience trading before trading.
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April 20, 2024, 08:26:30 PM
 #100

Well with your observation, it's definitely true in terms of holding because there are a lot of articles and videos that show that it's worth it compared to actually trading. It's hard to do that and sometimes it could go into the gambling state because of futures or margin in some way.

I believe that in order to win, you will be here for the long term and not just short term unless you are using a bot.

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