What motivates you as a trader?

[Oshosondy]

Different traders will have what makes them happy and motivates them differently.

All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.

[Awaklara]

Hey mates, happy weekend! I think we should have a discussion about what motivates traders.

Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?

What's your motivation?

the motivation to trade is to make a profit. if you profit in trading and it can be consistent then you will continue to have the motivation to trade. but if on the contrary what you get is a loss, then along with the many losses you experience, maybe you will lose the motivation to trade.

I used to be very enthusiastic when trading. having my mentor friend is very enjoyable for trading. but over time I lost more often in the short-term trades I did. so I switched for a longer time to some altcoins. it worked out profitable but I don't have much time right now to trade. so I chose to collect more Bitcoin in my wallet. it's calmer for me compared to daily or short-term trading.

[Dewi Aries]

Different traders will have what makes them happy and motivates them differently.

All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.

Yes that's right and I think everyone will say the same thing as you regarding their motivation in the world of trading, none other than of course only one thing that motivates all traders, namely the hope of getting much greater profits, and that's why they are willing to dedicate their minds, energy and time to learn various things related to the world of trading where the goal is to increase the chances of profit.

And that is also one of the actions they take to minimize the possibility of losses that are too significant, and regarding the impact, yes maybe I will agree with your opinion that trading can also have an impact on a person's health, and that's why time management is a mandatory plan for a trader.

[Viscore]

Different traders will have what makes them happy and motivates them differently.

All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.

I do agree that there's no other motivation than purely profits at all. If there's no profits in return, all these traders will definitely won't risk so much in trading even compromising their time and body health just to secure impressive profits in the end. Without profits, we won't see traders staying traders for the longest time.

[Gladitorcomeback]

All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.

I can't help but agree with you on that. Most of the things human beings do are those that benefit them directly or indirectly, and when it comes to finances, you should know that when you are spending money on something, there is only one thing that can encourage you to work harder on it and that is the returns you are getting from it. If you are spending both money and time and getting nothing in return, that will be a cause of discouragement for you and you will soon stop doing that thing.

So in trading, what motivates traders to work harder and try to improve everything again and again is the fact that they are getting returns from it, or they can see potential in it. They know that if they work hard on this thing, it is going to change something for them in the future if it's not doing it right now.

So profits are the main motivator in this case, in my opinion.

[Silberman]

Hey mates, happy weekend! I think we should have a discussion about what motivates traders.

Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?

What's your motivation?

Nothing else but the idea of making money should motivate a trader, now this may seem to be incredibly limiting to traders, but the fact is that if you begin to take pride and joy out of your setup playing out exactly as predicted instead of the money generated by it, then you will begin to look to repeat this event at the expense of the money you make, so while it may seem there is only a subtle difference between the two, at the end of the day the results you can get may differ greatly if you have the wrong motivation.

[Lakai01]

[...]
So profits are the main motivator in this case, in my opinion.

This might be true if you see trading as a form of income.
In fact, the vast majority of all traders out there (and of course us, too) lose money while trading, at least in the long term. Even professional traders like Tone Vays or Brian Beamish (The Rational Investor) fail in almost 50% of their trades, but they manage land 1-2% more successful than failed trades ... those are the trades where they make money.

So the majority of us should see trading as it is ... something that makes (a lot of) fun but costs you money ... like playing in the casino for example.

[aylabadia05]

<snip>

I agree with your last paragraph. It can definitely be used to test patience levels, discipline, consistency etc..

Despite all that, the main motive never changes and that is to make money and change fate. Traders who used to have nothing but now have everything, it is because they have succeeded in developing during their trading activities. They clearly learn, try to be consistent and build a strong mentality, all of which have changed themselves from being without to being financially well off.

[kawetsriyanto]

I think we should have a discussion about what motivates traders.

I don't think so. It may be a secret one. 
Everyone may have their own motivation, but the common thing should be about money.

What's your motivation?

Money. I don't see any other things that should be the main motivation.
I'm so sure that each person who decides to be a trader, it is because of money purpose. Even becomes a trader isn't the main profession, the motivation should get an additional income (money). However, being a trader is a part of supporting crypto industry. Perhaps another motivation would be to show everyone that being a crypto trader is something profitable and fun. So, there will be more people interested in joining crypto.

[barisbilgili]

Different traders will have what makes them happy and motivates them differently.

All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.

I do agree that there's no other motivation than purely profits at all. If there's no profits in return, all these traders will definitely won't risk so much in trading even compromising their time and body health just to secure impressive profits in the end. Without profits, we won't see traders staying traders for the longest time.

It makes sense, seeking profit is the reason or motivation for a trader to spend a lot of time learning related things so they can achieve what they want. If we look at it broadly, it is not only the mind that is at stake but also the physical and mental health in trading is at stake for traders in running and studying the market situation, this is the same as other jobs where seeking profit is the main goal, I think there is no difference in that for all traders because it is impossible for us to do something if not to seek profit.

[EarnOnVictor]

-snip-
What's your motivation?

My motivation to trade is money and nothing else, but I do not let this enter into my head to avoid making me misbehave.

Fine, the goal is to make money but the expertise must be topnotch as well, or else, the goal will never be realised. It took me more than a decade of struggling in trading before I became a better trader and I am using this medium to advise new traders and the struggling ones to continue training and have a neutral mind about it. It is the money we are all aiming at but the adequate experience matters.

We should have a foolproof trading system and plan, and that system must entail the needed money and risk management that will keep our trading account protected. The psychology of trading equally goes a long way, our emotions must be put in check and we should never aim too big or want our goals realised too quickly to avoid it backfiring on our heads.

[Altcoiner007]

Hey mates, happy weekend! I think we should have a discussion about what motivates traders.

Is it the thrill of seeing your setup come to fruition, the money and flexibility that successful trades offer, or perhaps the partnerships and extra rewarding events that successful traders get to participate in?

What's your motivation?

Obviously, different people have different trading goals and motivation for engaging trading especially Crypto trading. One Key thing is making profit. That's a common reason why anyone goes into trading. And good enough many trading platforms offer incentives to attract users and traders. Take Bitget for instance they recently announced opportunity for traders to win - SOL, BGB, BWB, DOGS etc. in their daily trade and win event. Binance employs a similar approach and other trading sites. There's a lot I learn when it has to do with trading. How to manage my emotions is one recurring lesson.

[arwin100]

All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation. But it has a problem which is more encouragement to trade which can also still have bad effect on the trader's health. So it is good to trade wisely and have time for yourself and health.

I do agree that there's no other motivation than purely profits at all. If there's no profits in return, all these traders will definitely won't risk so much in trading even compromising their time and body health just to secure impressive profits in the end. Without profits, we won't see traders staying traders for the longest time.

It makes sense, seeking profit is the reason or motivation for a trader to spend a lot of time learning related things so they can achieve what they want. If we look at it broadly, it is not only the mind that is at stake but also the physical and mental health in trading is at stake for traders in running and studying the market situation, this is the same as other jobs where seeking profit is the main goal, I think there is no difference in that for all traders because it is impossible for us to do something if not to seek profit.

Everyone would really say that they are for profit since trading is one of the best option where they can earn money from crypto. Also I believe those big gains what they see from other successful trader motivate a lot of people to perform more better. From here we will undergo to a lot of mental challenges since we need to research each possible movements and that's actually not fun phase since we really need to pay attention on what we are doing to make a successful trades. I rarely see a person saying that they are not up for profit since trading is not a game and provably they might just get disappointed if they think there are other things more greater to achieve rather than to get profit from their trades.

[Dewi Aries]

It makes sense, seeking profit is the reason or motivation for a trader to spend a lot of time learning related things so they can achieve what they want. If we look at it broadly, it is not only the mind that is at stake but also the physical and mental health in trading is at stake for traders in running and studying the market situation, this is the same as other jobs where seeking profit is the main goal, I think there is no difference in that for all traders because it is impossible for us to do something if not to seek profit.

Everyone would really say that they are for profit since trading is one of the best option where they can earn money from crypto. Also I believe those big gains what they see from other successful trader motivate a lot of people to perform more better. From here we will undergo to a lot of mental challenges since we need to research each possible movements and that's actually not fun phase since we really need to pay attention on what we are doing to make a successful trades. I rarely see a person saying that they are not up for profit since trading is not a game and provably they might just get disappointed if they think there are other things more greater to achieve rather than to get profit from their trades.

Of course and certainly no one will be willing to spend a lot of time learning everything about trading, especially various more effective ways to develop their abilities and skills if there is no money behind the action, or what I mean is that something that motivates people to learn trading is because they want to get money. But in fact, this is not an easy profession to live, and usually people who come without bringing strong intentions and determination to learn along with the correct understanding of what and how trading really is, especially in terms of risk, in the end many of them fail in the middle of the road and even waste a lot of money and time.

And another thing that can also make a trader give up is when they do not have a strong mentality and psychology, I feel that when I was still in the world of trading, I felt a lot of pressure which was usually caused by ourselves who did not have a strong mentality and psychology when facing a loss situation. So don't be too excessive in imagining profits like those achieved by traders who are now successful, because the process is not as easy as you imagine, there is no pleasure but more pressure especially when you are still a beginner.

[sheenshane]

[...]
So profits are the main motivator in this case, in my opinion.

This might be true if you see trading as a form of income.
In fact, the vast majority of all traders out there (and of course us, too) lose money while trading, at least in the long term. Even professional traders like Tone Vays or Brian Beamish (The Rational Investor) fail in almost 50% of their trades, but they manage land 1-2% more successful than failed trades ... those are the trades where they make money.

So the majority of us should see trading as it is ... something that makes (a lot of) fun but costs you money ... like playing in the casino for example.

I don't think there's fun there when you start scratching your head looking at your portfolio having a red line or having a negative balance.

But I agree that most of the traders are motivated just because of profit or earning from trading.
Remember that in trading not all the time you need to have a profit, sometimes you need to lose and learn from those mistakes.

IMO, it seems like this.
We know what's the reason behind why we're in trading (because of profit), whatever it is, don't expect too much that it has a high return.

[cute nmp]

I simply want some financial freedom thats my sole reason of been a trader.

[LogitechMouse]

What's your motivation?

There are 3 things that motivate traders.
1. Money
2. More money
3. More, and more money.

I mean let's not be hypocritical to this kind of question. Traders are trading for the sake of money, and nothing more. That's what motivates them to study charts, analyze charts, making decisions that might change their lives etc. Money is the main reason why they are trading, and although trading is for all, not everyone makes money in trading. Unfortunately, there is only a few percent of the total amount of traders out there that are considered "profitable", and most of them? Like me who lost all of their money because of greediness, wrong decisions, and lack of knowledge.

🖰🖰

[Webetcoins]

Well, the only thing that drives me to trade is because it is still profitable and can provide great benefits. Although trading has high risks, if we do not cross the line, and always pay attention to important things, then I think it will reduce the risk. In addition, some people also make profits in a short time. This encourages other people's enthusiasm to be greater to trade.

Everyone is having intention of having good profit, so trading is best for this purpose but we still need to understand few basic things about this because without having knowledge and all skills it's never been easy to have profit while in try to have profit we can lose as well, so this is never been one-sided journey for anyone.

All traders have just one thing that motivates them to continue to trade with happy mind. That is making profit from trading. I have been a trader for over four years now and I know that is the truth. If traders are losing, they are not happy with the situation. But if they are making money, they are happy with the situation.

No doubt usually peoples jumps in trading for the better income or profit because we all know it's best way for having things without any limit but for having profit as you wanted it's also needed good amount into your pocket because this is main point with after this understanding of risk factor and also having good manageable mind is also helpful in trading.

While you are having patience and skills to understand all risk factors you can go ahead without any limit but always staying into which you can afford to lost is helpful for any person in trading because lose chances are also having high percentage in case of wrong move.

[Questat]

What's your motivation?

There are 3 things that motivate traders.
1. Money
2. More money
3. More, and more money.

I mean let's not be hypocritical to this kind of question. Traders are trading for the sake of money, and nothing more. That's what motivates them to study charts, analyze charts, making decisions that might change their lives etc. Money is the main reason why they are trading, and although trading is for all, not everyone makes money in trading. Unfortunately, there is only a few percent of the total amount of traders out there that are considered "profitable", and most of them? Like me who lost all of their money because of greediness, wrong decisions, and lack of knowledge.

🖰🖰

Exactly mate. Money is the end goal in trading. We all trade hoping for best profits, and that means huge profits which means a lot of money for successful traders. And we won't stop trading until we won't be able to achieve that.

But we all know, not all who trade ends in profits, but most are quickly losing their funds. Why? Because even if they're aware they can't trade for profits, still the enthusiasm is there hoping to get rich quick profits just like those early traders in the market.

[armanda90]

What's your motivation?

There are 3 things that motivate traders.
1. Money
2. More money
3. More, and more money.

I mean let's not be hypocritical to this kind of question. Traders are trading for the sake of money, and nothing more. That's what motivates them to study charts, analyze charts, making decisions that might change their lives etc. Money is the main reason why they are trading, and although trading is for all, not everyone makes money in trading. Unfortunately, there is only a few percent of the total amount of traders out there that are considered "profitable", and most of them? Like me who lost all of their money because of greediness, wrong decisions, and lack of knowledge.

🖰🖰

Its my motivation as cryptocurrency trader how to earn much money and keep consistent with money management until reach financial freedom with bitcoin and altcoin trading. I think all trader have one motivate with cryptocurrency trading how to earn much money and could be their main source income every time depend on trading ability trade every where or any moment we have time.
All trader in cryptocurrency have main goal to earn much money and become their motivation when trading but not all trader easily reach their goal with trading.

I believe have many trader get frustrated when trading in cryptocurrency after their investment assets going down significant and get panic for selling on lower price, to reach motivate in trading earn much money have control their self when market not good condition. If still difficult for controlling the emotion I don't think have chance to earn profit in trading.