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Author Topic: Does trading belongs to everyone?  (Read 2005 times)
MissNonFall9
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June 18, 2024, 04:10:54 AM
 #241

Do you think that if it makes you profit in trading, you will let it go or forget it if you know that you are profiting from it? It's the answer, of course, isn't it? What's the logic behind that? Trading is just there; it's up to us if we use it right, wrong, or what?

There is a concept that you didn’t yet understand in crypto trading. This thing deals with risk, and even though you are gaining profit, you will also lose. When you lose, start overcoming your profit. What will you do? Actually, crypto trading is a free space for everyone to get profit, but at the same time, it is a space to lose your funds. If you lose in crypto trading, that doesn’t mean you don’t know how to do it or you use the wrong strategy, but it is a common thing that usually happens. 

So what I want you to understand is that with time you will definitely forfeit trading because when you have accumulated a loss of money and you are trying to have a rest in your life, you will find it hard to take a higher risk from there. Even if you still trade, you will do it with a small amount, and the profit will not be that much. Moreover, you will find it hard to continue research on it, so I will still say there is a chance of forfeiting crypto trading. 
Trading is a complicated subject which is not able to bring profit to everyone. Just as there is a history of gains in trading there is also a history of losses. Successful application of knowledge skills and statistics and successful application of control is a prerequisite for success eliminating all types of mental instability. See everything in life is difficult if it is associated with unattainability. But there must be a plan in trading and it must be in a controlled way because if there is no control in the profit plan it will make us lose.

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June 19, 2024, 05:15:56 AM
 #242

Trading is a complicated subject which is not able to bring profit to everyone. Just as there is a history of gains in trading there is also a history of losses. Successful application of knowledge skills and statistics and successful application of control is a prerequisite for success eliminating all types of mental instability. See everything in life is difficult if it is associated with unattainability. But there must be a plan in trading and it must be in a controlled way because if there is no control in the profit plan it will make us lose.
It's true that not everyone will be able to make a profit from the trades they make, but if they can do it well, of course they will be able to make a profit on the trades they make and what you say is very correct, you need skills in trading to be able to make a profit from the trades you make because without skills and experience it is certainly difficult for someone to be able to make decisions that benefit them in trading so they continue to experience losses if they trade without good skills and knowledge, yes of course we have to focus on the planning we have made and after achieving the target what we have determined is that it would be better to take the profits we have obtained so as not to become greedy which makes us lose the profits we have obtained.

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June 19, 2024, 09:42:45 AM
 #243

Trading is a complicated subject which is not able to bring profit to everyone. Just as there is a history of gains in trading there is also a history of losses. Successful application of knowledge skills and statistics and successful application of control is a prerequisite for success eliminating all types of mental instability. See everything in life is difficult if it is associated with unattainability. But there must be a plan in trading and it must be in a controlled way because if there is no control in the profit plan it will make us lose.
I prefer some support from the prerequisites that you say because the prerequisites before starting something more risky must be understood by people who want to carry out trading in the long term. Because when you are just starting out, it is always difficult to achieve a greater profit except for just a few percent as a better start, so having knowledge and mental control which is sometimes mixed with emotions is very important in order to be able to continue trading quite comfortably without hasty decision.

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June 19, 2024, 10:46:08 AM
 #244


Trading is completely different from P2P trading.

Although I don't know how you might seen it but p2p as the case maybe is another cool way of buying /selling bitcoin or altcoin it could be that you don't want to buy on a centralized exchange were your details would be required to pass kyc. And people who don't cares about revealing their personal data can as well use p2p to buy bitcoin even though you said is not considered as trading, but to me whatever place people or any system that allows exchange of goods in continuous methods can be liken to trading. What just happened is that we can say it's only for a gradual accumulation instead of completely saying that is not trading, why then are we using it to sell or buy bitcoin if I am ask you sir?

I think there is just a little misunderstanding here. Of course, both of them can be term as trading but there is a notable difference between them. In regular trading, which I assume your post is all about required an exchange or broker that act as intermediary. In normal P2P trading, the service occur directly between the parties involved without intermediary. Moreover, in P2P trading you're not expecting any lose or profit because you will receive exactly the value of fiat or coins equivalent to what you are giving out. Regular trading is all about making profits while P2P trading is all about exchanging your asset to either fiat or another coins with someone who's interested in the trade.

Going back to your topic tittle, Yes, trading belongs to everyone but it's not for everyone. Everyone who's interested in trading can venture into it and that makes it belong to everyone but it's only favorable to very few people which makes it not for everyone. We normally relate it to this famous saying, "many will deposit but only few will withdraw".

R


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June 19, 2024, 11:00:17 AM
 #245

Trading is a complicated subject which is not able to bring profit to everyone. Just as there is a history of gains in trading there is also a history of losses. Successful application of knowledge skills and statistics and successful application of control is a prerequisite for success eliminating all types of mental instability. See everything in life is difficult if it is associated with unattainability. But there must be a plan in trading and it must be in a controlled way because if there is no control in the profit plan it will make us lose.
It's true that not everyone will be able to make a profit from the trades they make, but if they can do it well, of course they will be able to make a profit on the trades they make and what you say is very correct, you need skills in trading to be able to make a profit from the trades you make because without skills and experience it is certainly difficult for someone to be able to make decisions that benefit them in trading so they continue to experience losses if they trade without good skills and knowledge, yes of course we have to focus on the planning we have made and after achieving the target what we have determined is that it would be better to take the profits we have obtained so as not to become greedy which makes us lose the profits we have obtained.

Trading is like a vehicle; it will not be profitable if it cannot be driven by a driver. So, if you want to use that, you have to be a driver, learn how to drive, know the dos and don'ts when driving on the road, and also know the traffic laws to avoid accidents on the road.

The same goes for trading; if you see it as a potential source of income, you should study and learn the dos and don'ts when you become an individual trader in the crypto space field. Then it's not easy; maybe trading is for everyone, but not all people like trading, or there are others who like trading, but in the end they realize that it's not.




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June 19, 2024, 11:15:35 AM
 #246

Trading is a complicated subject which is not able to bring profit to everyone. Just as there is a history of gains in trading there is also a history of losses. Successful application of knowledge skills and statistics and successful application of control is a prerequisite for success eliminating all types of mental instability. See everything in life is difficult if it is associated with unattainability. But there must be a plan in trading and it must be in a controlled way because if there is no control in the profit plan it will make us lose.

one thing is that you won't know if you don't try it out it is very easy if you try, but if it doesn't yield profit, then the best thing you can do is to keep trying Giving up is not an option, I believe that for those who believe that good comes easy, we have to challenge ourselves to the limit if we want to make money. So it is for everyone, but only a few will stay because they limit themselves and give up early, i have watched several documentaries of Elon where most of Project X has failed a lot of tests but he never for once said he was given up. Elon The man is smart and has shown that one of the things we need in life to succeed is consistency, Knowledge is very important in everything we do. Likewise, when it comes to trading, you can trade when you don't know, seeking first knowledge before anything else. no matter what, don't give up.

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June 19, 2024, 12:03:22 PM
 #247

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.
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Newbie traders are the most victims here because we know how does the social media influence a lot to the people and once they saw that they can earn easily like predicting the price into trading they make a deposit to those promoted platforms which is they get too much confidence and then lately once they get their gains they cant withdraw or they get scammed and their account get freeze with the large balance. Now that's the time they make a research is their platform reliable or not. If you are a wise person before entering to the thing that you are from zero or scratch I guess its nature of the people to do background checking if you care for your money.

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June 26, 2024, 06:52:32 AM
 #248

Trading is not for everyone.  Again it is for everyone. It depends on different people. Trading theory depends on a person's willingness to learn and know. Also depends on patience.  If someone's patience is low then trading is not for that person. If someone's patience is very strong then that person can achieve success in trading. But trading is not for beginners. Newbies can do holding. Trading is very difficult.  It is better not to come to trading because greed can destroy everything.
You are correct and I will also want to add this as well do you know without people Venturing into trading they won't learn neither would they developed so faster to understand how to manage their trading skills, what I am trying to say In nutshell is that nobody turns to a professional trader without them starting from small and thus this comes by starting little and also educates themselves reading some necessary materials that will enhanced their skills to a successful trading.
Trading is a subject in which a person's ability to give importance and psychological factors are closely related. Different types of people live in our society. All of them earn for their own needs or to meet family needs. If we observe the society we will see that different people are engaged in different professions. This is because people are engaged in those activities that work for their love or passion. It also happens that many people are engaged in the outside work of their choice in order to earn. A wide gap exists between the earnings of these two types of people. People who engage in their own pleasures do much good and earn well and those who work outside their own preferences have reduced productive capacity and proportionately less. The main purpose of my saying so much is that if a man comes to trading for love and passion then he can definitely do well here. On the other hand if he comes only for earning money then his psychological issues will go out of control and hence may not get good results from there.
Yes if there is no interest a task may be completed in any way but it will be very difficult to get a good return from it. So first you have to understand yourself and then you have to start working. The most important thing in the world is to know and understand yourself. And as you were saying emotion control. Which controls important things like our success and failure.
I believe out of 100% of people who are working, studying and doing whatever they are doing today is because of passion and if they don't have passion for it then failure could be inevitable to show up at the later end.
People who are trading for passion doesn't face much difficulty although I know is very hard for people not to put money first in what they are doing but at some point we need to have interest and be passionate for what we are doing before we can possibly smells success otherwise failure will always comes in.

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June 30, 2024, 05:22:19 PM
 #249

Trading cannot be for everybody,it's for people who are determined to make it through trading.Those people are risk takers,they are people who nomatter what happens in the process of trading,they would still trade.They are people who despite the loss they have had before,they won't lose focus on trading,they make trading look easy with zero risk,but if you follow their way,you will cry.
They are the real investors,future leaders,they are strong people.
The business of trading cannot be for the weak hearted,if you aren't determined to take it the way you see it,whether loss or win,you cannot be a better trader.
Even if a beginner is not equipped with knowledge as a basic foundation, of course they can play trading there, of course this can be done by everyone. However, it is not easy to get the desired results from trading, especially for someone to be successful in trading, it takes a lot of effort. Of course, it requires unusual skills or experience every time we trade for us to survive there. Their mentality, emotions and psychology must be at stake when they trade.

Orpichukwu
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June 30, 2024, 07:32:36 PM
 #250

Even if a beginner is not equipped with knowledge as a basic foundation, of course they can play trading there, of course this can be done by everyone. However, it is not easy to get the desired results from trading, especially for someone to be successful in trading, it takes a lot of effort. Of course, it requires unusual skills or experience every time we trade for us to survive there. Their mentality, emotions and psychology must be at stake when they trade.
If someone doesn't have basic knowledge before they go into trading, it's obvious they might just end up losing their capital before they can learn how trading works.
 
One can learn as they go, but it's a very risky process, especially when the person enters a very volatile market. It can ruin their trading life, and most times it might be hard for the person to get over it.

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irhact
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June 30, 2024, 11:44:56 PM
 #251

However, it is not easy to get the desired results from trading, especially for someone to be successful in trading, it takes a lot of effort.

You're right as trading needs efforts but many new traders don't what to put in efforts before they can start earning when they decide to start trading. When they haven't learnt trading properly, they'll begin to lose. There's no how you'll learn how to trade very well and you can't predict the direction the market is going to take. You mightn't be correct all the time but majority of your predictions should give you profits. If you aren't making profit then you have to quit trading.

If you don't want to quit trading then you have to go back to learning how to trade very well. Everyone can learn how to trade as there's group of individual that trading was made for. Anyone that is determine to become a successful trader can do it in under a year of learning how to trade. When they start trading, they also have alot of things that they need to learn more to keep winning.

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July 01, 2024, 01:18:05 PM
 #252

If someone doesn't have basic knowledge before they go into trading, it's obvious they might just end up losing their capital before they can learn how trading works.
 
One can learn as they go, but it's a very risky process, especially when the person enters a very volatile market. It can ruin their trading life, and most times it might be hard for the person to get over it.

Not everything in this world is meant for everyone and so is trading especially the day or short-term trading. I tried trading in my early days and figured out after consecutive failures that it was not for me. So I left trading and now doing happily with long-term investment.

If you are opting for trading then one has to be fully aware of the fact that it's risky stuff where chances of losing money are more than getting profits. Even those who have the necessary knowledge with experience find it difficult to handle Bitcoin trading because of volatility.         

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OrangeII
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July 02, 2024, 03:38:07 AM
 #253

Trading cannot be for everybody,it's for people who are determined to make it through trading.Those people are risk takers,they are people who nomatter what happens in the process of trading,they would still trade.They are people who despite the loss they have had before,they won't lose focus on trading,they make trading look easy with zero risk,but if you follow their way,you will cry.
They are the real investors,future leaders,they are strong people.
The business of trading cannot be for the weak hearted,if you aren't determined to take it the way you see it,whether loss or win,you cannot be a better trader.
Even if a beginner is not equipped with knowledge as a basic foundation, of course they can play trading there, of course this can be done by everyone. However, it is not easy to get the desired results from trading, especially for someone to be successful in trading, it takes a lot of effort. Of course, it requires unusual skills or experience every time we trade for us to survive there. Their mentality, emotions and psychology must be at stake when they trade.
Yes, even though everyone "can" do it, they are not necessarily "ready" to trade. Many people have tried trading out there, and the results were not what they expected. Very many of them stop, especially when they see that trading does not match their expectations. However, trading can be tried by everyone, but I think not everyone is ready for the risks, in fact, many people stop when they have only tried trading a few times.


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July 02, 2024, 05:07:00 PM
 #254

Newbie traders are the most victims here because we know how does the social media influence a lot to the people and once they saw that they can earn easily like predicting the price into trading they make a deposit to those promoted platforms which is they get too much confidence and then lately once they get their gains they cant withdraw or they get scammed and their account get freeze with the large balance. Now that's the time they make a research is their platform reliable or not. If you are a wise person before entering to the thing that you are from zero or scratch I guess its nature of the people to do background checking if you care for your money.

They don’t always calm down when they are in training to learn about bitcoins and that is why they are always falling victim, influencers contribute, because they some times uses their content to miss lead people because they make everything look as if you won’t lose money and they make content and make everything look perfect which is a big lie and when it comes to trading their is a lot of guidelines that you must abide to or you will just wonder and if eventually you are able to buy it you will still find it difficult to make profit because trading is difficult because their are times that even the experts loose money and any expert that says he or she does not lose money is a just trying to steal people’s money because they will tell you to come and register for their class to come and learn crypto. People always see research as a very big work and they forget that it is the only way to be free from scammers.

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July 04, 2024, 06:35:23 PM
 #255

Trade belong to everyone, but it is not everybody that can trade, because it is a matter of choice, and some people lost their interest in trading, but some are interested in trading but they can’t afford money to trade, it is easy but only when you have knowledge and experience on how it work, some newbie rushes into trading without understanding the concept of trading, and it is too risky, they are carried away by the profit, and forget to think that they may lose their bitcoin if they are not careful, you can be both a holder and a trader at a particular time, if you could be able to focus on both of them, know how trading work, and be a successful trader.

Before you engage yourself in trading you have to understand the rules and regulations that guide trading, and also advantage and disadvantages of trading.

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July 04, 2024, 09:28:30 PM
 #256

Trade belong to everyone, but it is not everybody that can trade, because it is a matter of choice, and some people lost their interest in trading, but some are interested in trading but they can’t afford money to trade, it is easy but only when you have knowledge and experience on how it work, some newbie rushes into trading without understanding the concept of trading, and it is too risky, they are carried away by the profit, and forget to think that they may lose their bitcoin if they are not careful, you can be both a holder and a trader at a particular time, if you could be able to focus on both of them, know how trading work, and be a successful trader.

Before you engage yourself in trading you have to understand the rules and regulations that guide trading, and also advantage and disadvantages of trading.

Well said. I want to make a little correction that is not everyone can trade the correct and trading belong to everyone but not everyone can get profitable or can be successful. Because for trading it is also required some knowledge and skills like as other job do need.
Moreover, here I also want to say that there are many types of categories in trading, these categories will be beneficial one by one depending on the skill in trading.  For example, for a long-term trader, if you know some basic knowledge and light fundamental analysis, on the other hand, for day trading, you need to know a lot of technical analysis, which not everyone can.  And this is why I said that trading belongs to everyone but not everyone can be successful in trading.

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July 05, 2024, 01:37:53 AM
 #257

You have said it all. I would say trading needs a lot of work to be put in place and most people don't really have the right guide on how to get going. Majority of people also quit early enough so they just give up. For anyone who is fully determined to be a trader then you don't need to rush things. Don't rush Please,  take your time and get it right. If it takes 4-5 years to study in a university then you should be patient enough to learn trading for 1-2 years consistently,  if not then trading is not for you. 
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July 05, 2024, 03:25:59 AM
 #258

You have said it all. I would say trading needs a lot of work to be put in place and most people don't really have the right guide on how to get going. Majority of people also quit early enough so they just give up. For anyone who is fully determined to be a trader then you don't need to rush things. Don't rush Please,  take your time and get it right. If it takes 4-5 years to study in a university then you should be patient enough to learn trading for 1-2 years consistently,  if not then trading is not for you. 
In any case, of course it takes hard work to achieve success as well as in trading and maybe there are some people who take part in trading just because they see people who have been successful in trading and they don't understand trading well, of course this will be very risky and I agree with what you say, it's a good idea for them to first take the time to understand trading so that they don't trade in vain and just follow other people. Of course they will experience losses and the first time they try, of course everyone has experienced failure, of course. they must be able to correct this and return to studying trading.
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July 05, 2024, 01:45:39 PM
 #259

Trade belong to everyone, but it is not everybody that can trade, because it is a matter of choice, and some people lost their interest in trading, but some are interested in trading but they can’t afford money to trade, it is easy but only when you have knowledge and experience on how it work, some newbie rushes into trading without understanding the concept of trading, and it is too risky, they are carried away by the profit, and forget to think that they may lose their bitcoin if they are not careful, you can be both a holder and a trader at a particular time, if you could be able to focus on both of them, know how trading work, and be a successful trader.

Before you engage yourself in trading you have to understand the rules and regulations that guide trading, and also advantage and disadvantages of trading.

Are you a trader and successful at it? Because I don't think trading is easy.

I agree with you that trading is for everyone and it will depend on each person's choice, but I will disagree saying that trading is easy even if you are confident that you have knowledge and experience about it. Not only for beginners but also for top traders, losses are very normal because short-term market fluctuations are unpredictable. You have knowledge and experience that only helps you increase your winning rate when trading, but does not help you easily make profits from trading.

Surely you have heard many stories about many people becoming rich thanks to bitcoin but have you ever heard of anyone getting rich through trading or mostly holders? So I don't think trading is easy no matter how much knowledge and experience you have about it.

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July 05, 2024, 02:54:04 PM
 #260


Not everything in this world is meant for everyone and so is trading especially the day or short-term trading. I tried trading in my early days and figured out after consecutive failures that it was not for me. So I left trading and now doing happily with long-term investment.

-snip-

That is very true. In theory, everyone can learn trading, but in practice not everyone is able to get the best results from it, because in fact many people who try trading end up failing. And because of this, trading is not for everyone.
I don't mean to discourage people who want to trade, just try it, because you won't know what the results will be if you haven't tried, but if you get stuck and don't get the maximum results from trading, then long-term investment is better for you.

R


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LLBIT|
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