Does trading mean a better life?

[Negotiation]

In many cases, when you search or find something online by writing trading, you will notice that by trading, they mean a better life and a more expensive life. They mention it, but in reality, it is quite difficult to make a profit by trading, if someone does not actually follow trading for a long time, it is not possible for him to make a profit. So in this case, a message goes to the newbies that maybe they will be able to enjoy that kind of better life by trading. So many people think that starting trading means that they will only make a profit. But they do not think that they can lose, which is why most people face losses when they come to trading.

Many people are promoting many sites that are not actually related to trading, but they are also scamming people. I don't want to name all those sites because many people have invested there and lost their money, but in this case, they are scamming people even though they mean trading.

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[Oshosondy]

Many people are promoting many sites that are not actually related to trading, but they are also scamming people. I don't want to name all those sites because many people have invested there and lost their money, but in this case, they are scamming people even though they mean trading.

Why talked about it if you do not want to mention the scam platforms? Just mention them. That is the reason we are on this forum. Either we accept after taking look at the platforms or reject your claim.

Trading is easy to understand but hard to make money from it.

Those with huge amount of money make more money, people having little amount of money get greedy and lose.

[Davidvictorson]

Why talked about it if you do not want to mention the scam platforms? Just mention them. That is the reason we are on this forum. Either we accept after taking look at the platforms or reject your claim.

I second this. I was reading on to see if he'll just name one but he didn't. Besides the benefit of naming them would be that it if someone here is already using them, they'll know and be able to exit before it will be too late.

Trading is easy to understand but hard to make money from it.

I agree with this point too. Most traders can are not making money from it. They are only making money from the fee they charge to teach other people how to trade. Some others are fr the sales of their trading resources like books, signals and others.

[tbct_mt2]

Many people are promoting many sites that are not actually related to trading, but they are also scamming people. I don't want to name all those sites because many people have invested there and lost their money, but in this case, they are scamming people even though they mean trading.

In this forum, you are not adviced to trade by many Bitcoiners, Bitcoin maximalists and experienced forum members. If you tell them that you are trading with Margin and Futures, they will give you strong warnings like "you are gambling and make your suicide, stop it immediately if you want to keep your capital safely".

Read this to see how risky trading is and how many percent of day traders get profit in long term.
https://www.investopedia.com/articles/active-trading/053115/average-rate-return-day-traders.asp

If newbies feel enough danger from trading, I hope that they will make their right decisions - don't trade.

[Strongkored]

You should mention their names so that many will realize and or those who intend to follow it will cancel their intentions so that they are safe from the scam.

It doesn't get any better if the trading in question is on the platform you mean.

However, if trading on a real platform for trading, then it might make life better if you trade with sufficient knowledge and do it responsibly.

[adultcrypto]

The aim of every trader is to achieve a better life, something we know is possible through trading but if they will achieve that or not depend on a lot of things and how the trader go about it. Trading have rules and when those rules are followed carefully, then trading will definitely give the right reward. Therefore, trading means better life for those who are willing to follow the hard way which is study and discipline.

[lovesmayfamilis]

Beginners who want to get rich very quickly are people with illusions, those who will be disappointed one day. Any activity will bring success if it is honed to the level of mastery. Trading is a place where you need to come to the understanding that in order to make a profit, you need to learn to accept losses; moreover, you will lose your funds regularly until you put together your strategy. I have seen a lot of beginner traders, but very few of them become masters, and even then, talking about them having a good profit is too exaggerated. Therefore, everyone who hears somewhere on social networks that you will be made an experienced trader in a week, be careful; there may be earnings, but not for you, but for those who want to deceive you.

[NeuroticFish]

In many cases, when you search or find something online by writing trading, you will notice that by trading, they mean a better life and a more expensive life. They mention it, but in reality, it is quite difficult to make a profit by trading, if someone does not actually follow trading for a long time, it is not possible for him to make a profit. So in this case, a message goes to the newbies that maybe they will be able to enjoy that kind of better life by trading. So many people think that starting trading means that they will only make a profit. But they do not think that they can lose, which is why most people face losses when they come to trading.

Many people are promoting many sites that are not actually related to trading, but they are also scamming people. I don't want to name all those sites because many people have invested there and lost their money, but in this case, they are scamming people even though they mean trading.

Trading is difficult, trading is - by far - not for everybody and trading has a stiff (and odd) learning curve. And by odd I mean that many do trading-like-gambling until they find out how wrong that is and then may get to actually learn (or not).

But, like every advertising, trading is portrayed as being great. And of course it's done like this! It's far too easy to write something nice, get some suckers join here and there by your referral links and lose their money while you earn some easy bucks. The anonymity the internet offers even helps you not being beaten by angry "customers" and people not finding out how many accounts/bots you use.

And this is why internet is full of nice "success stories", signal groups and people accounts showing nice charts and ideas how to spend your money in an attempt to earn from trading.
It's a sad reality and I didn't talk yet about the obvious scams (but for the sake of earning getting positive reviews too).

[Negotiation]

Why talked about it if you do not want to mention the scam platforms? Just mention them. That is the reason we are on this forum. Either we accept after taking look at the platforms or reject your claim.

You think that 'Quotex' is a trading platform in general. In this case, when you search for 'Quotex' somewhere, they claim themselves as a trading platform. When you search on YouTube, you will notice that many people introduce 'Quotex' as a trading platform and they are showing off their huge ambitions with their lifestyle. In this case, you will often be confused about which one is actually true.

Now your question may be, is 'Quotex' a direct scam platform?

It is not possible for me to answer directly. The reason is that 'Quotex' will give you a small profit at first, then you can withdraw it after depositing, but when you invest a little and continue to make a profit continuously, it will stop giving you withdrawals and lock your account.

Only those who use Revenue Share links can profit in the long run on this platform. In this case, when they use Revenue Share links to make others lose, they receive a referral commission of up to 80%, but most people will find that they cannot profit from this.

And this is why internet is full of nice "success stories", signal groups and people accounts showing nice charts and ideas how to spend your money in an attempt to earn from trading.
It's a sad reality and I didn't talk yet about the obvious scams (but for the sake of earning getting positive reviews too).

I agree with every argument you make.

 The main point here is that they are actually presenting a gambling site as a trading platform and are deceiving people in a way.

edit.

[Wapfika]

Trading is like investment opportunity or job which you can tribe if you perform better. It’s not bad to be involved on trading per se since it gives us an opportunity to earn big by buying and selling assets which is same on getting profit from job.

For others it means a better life while others experience the opposite. There’s no universal outcome for trading but one thing is for sure that it is a financial tool to help us to grow by using it properly.

[Negotiation]

Trading is like investment opportunity or job which you can tribe if you perform better. It’s not bad to be involved on trading per se since it gives us an opportunity to earn big by buying and selling assets which is same on getting profit from job.

For others it means a better life while others experience the opposite. There’s no universal outcome for trading but one thing is for sure that it is a financial tool to help us to grow by using it properly.

I agree with you, but even after you have established yourself as a skilled trader, when you find that you are not able to withdraw your profits by trading on a broker or platform, it will be a source of disappointment for you. Such platforms send a bad message to people about trading, which is basically unrelated to trading. I mainly wanted to focus on this issue.

[SmartGold01]

Everyone with the way they understood the word "trading", you may have all the necessary knowledge and information about trading because you belong to a community that share common knowledge and understanding together, with this you now had a clearer picture of the feature of trading which has now sink into you to know the benefits and not benefits of trading. Of course those who aren't belongings to this body's may not understood it that way or even visualized it the way we do here, therefore could likely take it as a well formed system to easily earned money or becoming successful in life without knowing there are principles and prize to pay before they should be able to enjoy the benefits of trading.

[slaman29]

Of course they don't mention it. Everyone trying to make a buck and hustling, and faking it til they make it.

DCA is the only way to enter BTC and have a better life. I promise everyone who tries it, be patient, wait for one big cycle (ATH to ATH) and then you get it.

What people don't tell you is they hustle for years in trading and maybe if they lucky they make some money but do they grow as a person? No new skills that help your job. No relationship skills, no nothing. Is it worth it? If you're young maybe. If you're not, absolutely don't throw years of your life.

[BitMaxz]

I'm thinking the same thing. At first I thought that even though I've known Bitcoin for many years I thought I could make a profit easily from trading. In my vision, I saw many opportunities to make a profit, but when I tried live trading in my first experience, honestly, I experienced a losing streak. I watched many videos to follow and tried them, but the result was getting worse until my funded account liquidated because I thought the price of Bitcoin would rise again, but no risk management will always bring you to a negative profit, and no limit means you could lose your capital in a single night.

All my mistakes are the things that teach me to be profitable. The most important thing I have learned about trading is to master risk management, limit your trades (one per setup should be enough, win or lose), do not trade like a YouTuber who does scalping, and always protect your capital.


I think it's normal to lose at first because that is the first step for learning not to eagerly enter the market and to learn risk management.

[EL MOHA]

I agree with you, but even after you have established yourself as a skilled trader, when you find that you are not able to withdraw your profits by trading on a broker or platform, it will be a source of disappointment for you. Such platforms send a bad message to people about trading, which is basically unrelated to trading. I mainly wanted to focus on this issue.

I don’t understand the brokers you’re talking about here since you didn’t list them, the problem is that most people who actually fall into the hands of this scam are usually does chasing after giveaways, they might have been lured into the platforms but maybe higher leverage offers or something like giveaways for signing up. The warning is to simply use reputable platforms and there are definitely many of them

Trading is difficult, trading is - by far - not for everybody and trading has a stiff (and odd) learning curve. And by odd I mean that many do trading-like-gambling until they find out how wrong that is and then may get to actually learn (or not).

Trading is a full time job and requires you to have its knowledge like the way everyone goes to school to learn about a course, worst of it, it’s knowledge never stops because there is no immunity to losing on trading, sadly many people look at the profit side of trading alone and do not take into account it’s losses, personally I think one of the first most important steps to been profitable on trading is the mindset that one brings into the trading

[NeuroticFish]

Trading is a full time job and requires you to have its knowledge like the way everyone goes to school to learn about a course, worst of it, it’s knowledge never stops because there is no immunity to losing on trading, sadly many people look at the profit side of trading alone and do not take into account it’s losses, personally I think one of the first most important steps to been profitable on trading is the mindset that one brings into the trading

Exactly. And imho it's even more difficult because crypto markets are not that much similar to stock markets or to Forex.

[cryptoaddictchie]

Many people are promoting many sites that are not actually related to trading, but they are also scamming people. I don't want to name all those sites because many people have invested there and lost their money, but in this case, they are scamming people even though they mean trading.

Well if you saw someone promoting it and you know to yourself its a scam warn others. Ive got some peeps or colleagues that they say they invested on this particular site and when I check it, I already know its a scam since its unknown and not popular in crypto. All informations are fake and only displaying some good thoughts but totally for deceiving users at all.

[Alphakilo]

Many people are promoting many sites that are not actually related to trading, but they are also scamming people. I don't want to name all those sites because many people have invested there and lost their money, but in this case, they are scamming people even though they mean trading.

Successful trading can make your life better financially if you apply the right skills, mindsets, and education to it. Trading needs understanding and discipline for it to be successful and for you to make a profit, but if you're not prepared with the right skills and education and mindsets for trading, it can make your life worse there by making you to loose your money.

Having the mindsets that it is a process of getting quick money and that you must get back the one you lost can make your life worse because at the process of chasing after lost money you will end up losing more.  And most of the people that does this are those that do not have the understanding of trading. But those that understands it very well have the mindset of it being a game that if they lose today, tomorrow might be their lucky day and not chase after their loses that will make them not to feel bad whenever they lose.

[Awaklara]

So many people think that starting trading means that they will only make a profit. But they do not think that they can lose, which is why most people face losses when they come to trading.

Should be in the working system of trading, beginners can easily understand that trading can be profitable or detrimental. But what they do not understand may be the risks and difficulties in gaining profits from trading.
The process of becoming a trader who can gain profits in the long term is not easy. There is a lot to learn and sacrifice. Including losing money in trading.
It is not that easy to see people trading and judging their lives as improving. They have to see the process. If you do not believe the story, then please try it yourself.

[WatChe]

Everyone of us must watch out in case some one is offering easy money because an easy money is nothing but scams. You have to work hard to earn money, their is no shortcut nor their are people out their who will do hard work in place of you. The stories we hear about successful traders are backed by a continuous struggle and effort. If someone is entering into trading with mindset that he will become rich overnight or by investing in some trading platform (that will do hard work for him) then he is deemed to lose money.