How to get rich

[Volimack]

Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.

[kotajikikox]

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

we are investors but we are still working because we knew that its hard to make money in very volatile market like this ,
and also getting rich is not that easy mate if you are not that knowledgeable about what investment area you are going to enter .
maybe you should focus working and also  when you are gaining then invest for long term.

[rodskee]

Just invest every month what you can into ETFs and stay consistent about this over several years, you will make some money.

then still that will fall to HODLING in which the best way to deal in crypto specially when we are
dealing with bitcoin that have been proven to be more and more functional and sustainable than
other way of investing.

Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.

actually not a lot of experience but instead a deeper knowledge and understanding and also
Attitude because if you are greedy then trading is not for you.

[Scarlett_23]

Congratulations to you.  You have learned a lot at the age of 19.  It may be that reaching the position you are in is only a dream of many.  That is, many could not learn even at the age of 29.  But there is no end to learning.  In this case, skills should be given more importance.  Practice more.  Success does not come to everyone the first time.  Many get success in fast time.  And in most cases, he has to be persistent for success to come.  Do more analysis on the commodity or currency you are buying while trading.  Check whether the price of the product may increase or decrease due to any reason after purchase.  Good luck to you again.

[Cityhunter34]

Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.

Well said mate I think trading we look somehow difficult for him to understand just as you have already said earlier it will be better for him to go for Bitcoin investment and plan in self very well by setting up emergency fund and go for long term investment, I think that one is going to help him very well to earn a better profits.

[bitterguy28]

Congratulations to you.  You have learned a lot at the age of 19.  It may be that reaching the position you are in is only a dream of many.  That is, many could not learn even at the age of 29.  But there is no end to learning.  In this case, skills should be given more importance.  Practice more.  Success does not come to everyone the first time.  Many get success in fast time.  And in most cases, he has to be persistent for success to come.  Do more analysis on the commodity or currency you are buying while trading.  Check whether the price of the product may increase or decrease due to any reason after purchase.  Good luck to you again.

yes , learning is continues and this will never ends until we decide to stopped  ,
success is coming together with failure and so ? yeah we should expect both to come but focus in learning to never fall for losing always.

Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.

yes , there have been tons of people who tries a better  positioning in trading but they are losing because this is not the place where everyone will be happy.
i have seen many of my friends who tries to become trader but only few that succeed and majority fails and never try back again.

[Betwrong]

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

Trading won't work for you as it is not working for most of the people. Use your IT education to get a good job instead of following this dream of all losers "to be self-employed".

[boyptc]

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

Trading won't work for you as it is not working for most of the people. Use your IT education to get a good job instead of following this dream of all losers "to be self-employed".

Haha, spitting some real deal.

Those that have talents and education and skills, you keep going on with your careers while doing some investments. You don't have to get on daily trading because you see people and influencers sharing their gains by doing it.

Not everyone is good at trading and it's real that many are just going back to their careers after thinking that they'd able to keep up with the market's brutality.

Just remember the meme about that "bro meme and mcdonalds hat".

[Loveday422]

How to be rich to me it depends on the time u create to your self,in everything you do all human want is time ,when the time is their you added it with consideration,I bet you if you just consider this two you will be ready to go at all time ,you will make it more than expected

[mariott]

You need to have your own business and do what you like

[Ludmilla_rose1995]

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

Unfortunately, if you ask whether trading is profitable, the answer is of course, but what determines whether you are profitable or not is yourself, if you are not able to manage your emotions well when trading, then don't expect to make a profit, you will only make a loss . If you want to trade then focus on that, don't do it half-heartedly

[rodskee]

Trading is generally not for everyone as it requires a lot of experience. If you do not understand the positions of the market the trading strategy fails a lot. Investing is a better decision than trading. You can be a good holder of bitcoin. Long term investment will give you good profit and there will be no risk. A trader who takes high risk overnight trading requires practice patience and a certain skill not everyone can master.

Well said mate I think trading we look somehow difficult for him to understand just as you have already said earlier it will be better for him to go for Bitcoin investment and plan in self very well by setting up emergency fund and go for long term investment, I think that one is going to help him very well to earn a better profits.

we can tell that to him if he has funds but have you guys read the whole thread?


OP is asking how to get rich without capital because he even asking for Job that we can offer him.

This thread is going to be running far but the main purpose of OP has not getting any best respond .
but I cannot offer Him some job because we only have something on our own.

[RTX-G53]

Trading is not for regular profit. It is very risky it will not always give you profit. You are only a boy of 19 years, If you trade at this age, and to incur losses, it will greatly affect you financially problem. So I think you should stay away from trading until you start earning enough money. Because anytime it puts you in big losses, you won't be able to cover those losses very easily if you don't have any other source of income. So make yourself a permanent money making place, then start trading.

[Uhochi]

Hi guys, I am 19 years old and know a lot about finance (ETFs, funds, crypto, stocks, commodities)
I have been Bitcoin swing trading for a year and I am still not profitable. I would like to be self-employed as an investor or trader after my IT education. Does trading really work in the long term to be profitable?

you need iether skillset or wealth for you to create more wealth.
Trading is for people that have the needed skills and that still have the capital that's required of them to get started in trading.
If you're not strong enough to handle looses, maybe you shouldn't consider going into trading but if you have things figured out and if you have been in the trading space for a handful of years and have gathered the basic trading experience, then this question is unnecessary.

Getting rich doesn't generally mean that you have to be on this space. There are super rich people that are in other sector that has nothing to do with crypto. If it's not your thing to create wealth through crypto, then it's best you identify which area will work best for you and stick to it. It could be business, IT, education, agriculture or any other field.

[PatriotMira]

I wish everyone to find their happiness and wealth! I'm looking too

[antiark]

Tell me how to become rich...

[tbes50203]

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[Betwrong]

~

Haha, spitting some real deal.

Those that have talents and education and skills, you keep going on with your careers while doing some investments. You don't have to get on daily trading because you see people and influencers sharing their gains by doing it.

Not everyone is good at trading and it's real that many are just going back to their careers after thinking that they'd able to keep up with the market's brutality.

Just remember the meme about that "bro meme and mcdonalds hat".

Honestly, I have no idea what meme you are referring to. And I love memes! Can you please post it here? I mean, we are in the "Off-topic" section anyway.

[EvanDuke]

invest in real estate and rent out

[tbes50203]

Trading is not for regular profit. It is very risky it will not always give you profit. You are only a boy of 19 years, If you trade at this age, and to incur losses, it will greatly affect you financially problem. So I think you should stay away from trading until you start earning enough money. Because anytime it puts you in big losses, you won't be able to cover those losses very easily if you don't have any other source of income. So make yourself a permanent money making place, then start trading.

he may have already earned enough from trading, which allows him to continue to move in this area