Positive effect of trading in our life.

[Alphakilo]

As a trader it is easy to gain emotional control after hours of trading experience. The experiences teach the art of patience, consistency, financial management and it helps a trader understand the art of timing and setting stop limits on what they don't want to happen or what they envision would happen.
Although we trade in our everyday life with buying and selling in the market, trading currency on online marketplace is a different ballgame altogether and that's why it gives a whole different perspective on how the financial sector of any countries economy operates and when the right time to invest comes through.
A dip would teach to HODL and observe the trend while a bull run would teach to set limits and diversify sharply to make quick gains and profit from hot markets.

[Bobrox]

Actually all your points above are true but not all trader can running well when trading in cryptocurrency, get financial freedom in cryptocurrency not easily for all trader has moment get loss from trading. I think looking the other side many trader when following the other when trading in crypto most of them get loss than has financial freedom after investing or trading in crypto.
Crypto trading has positive and negative side depend each personal trader, many trader success trough trading earn much profit and other side many trader loss much money in trading by their own mistake, in my opinion trading in crypto better using fund already to loss and not make your financial get problem.

[JeffBrad12]

Positive effect only if you are making profit . In reality 90% are losing and there are many people who cleared their banks of their money because doing reckless trading.
All these effects you mentioned are nothing burger, come with a t&c therefore I don't think it's even true.

In reality, sometime people don't realize they are wasting away their money doing trading while their winrate is 99% loss, at that point it brings more negative effect in their life.
Never romanticizing trading or you risk luring newbie into losing money. Trading like any other, is pretty difficult way to make money but it's 100% possible to make money.

[michellee]

Managing funds is what we gets from trading. But managing funds is not easy especially if we lose many times. We must learning and knowing how much money we can use to trade and not use all money we have.

Carefully is the next you will learn from trading because without carefully, you will in rush and not aware with anything happens in market.

It is only to those who cares with their trading. Not many traders pay attention to that instead just following what they wants.

[ruykeri]

Managing funds is what we gets from trading. But managing funds is not easy especially if we lose many times. We must learning and knowing how much money we can use to trade and not use all money we have.

Carefully is the next you will learn from trading because without carefully, you will in rush and not aware with anything happens in market.

It is only to those who cares with their trading. Not many traders pay attention to that instead just following what they wants.

I am against trading. but If someone wants to trade, then he should trade with such money that if he loses, his financial condition will not be bad. Many people trade with the money they need. Which often causes losses. If in the beginning, trading makes a profit, then the new trader should take a new trade from that profit. In this way, he can survive in trading for a long time and can learn a lot. And if he loses, then he should keep himself calm. If he wants to trade again, then he will take time to manage the funds and start again. Many people have suffered losses due to aggressiveness, but it is also true that there are some positive aspects to it.

[Jaweria parveen]

I am against trading. but If someone wants to trade, then he should trade with such money that if he loses, his financial condition will not be bad. Many people trade with the money they need. Which often causes losses. If in the beginning, trading makes a profit, then the new trader should take a new trade from that profit. In this way, he can survive in trading for a long time and can learn a lot. And if he loses, then he should keep himself calm. If he wants to trade again, then he will take time to manage the funds and start again. Many people have suffered losses due to aggressiveness, but it is also true that there are some positive aspects to it.

If you pay attention, everything is a trade, if you buy something and sell it, then that is also a trade. However, whoever thinks that he will lose, he is also talking against Bitcoin. If those who lose are beginners, because of which they are not told, they take losses. This is your business, if you want to trade, then you should have patience and do not ruin your financial condition. There are also people in trade who have achieved success even with losses. We should understand everything and see what the market is like, what are the conditions, then someone can succeed in trade. In trade, money is not needed, but the mind is needed, how can we make more profit with less money, here there is a lot of experience in trading.

[The Cryptovator]

Trading is something that has been useful in the world and it has really impacted positively in the life of some set of people, and this are the positive effect of trading in our life’s.

Trading isn't useful for everyone at all. Trading is only positive for gainers, those have been losing on the trading they aren't happy at all.

1. Source of Income:
Trading has become a source of income for some set of people and they are really using trading to take good care of their self and their family.

Source of income only for gainers, for loser it's not. If crypto is illegal in your jurisdiction then it's can't be a legal source of income for you. If you lost a lot then have to suffer.

2. Financial Freedom:
Those that are successful in trading may become less dependent on salaries or jobs, thereby gaining freedom to manage their own finances very well.

True for successful traders only. Owning crypto on a non-custodial wallet gives you financial freedom.

3. Improves Financial Knowledge:
When you are a trader you will really improve when it comes to financial knowledge, because trading will help you to know Risk management and also help you have a saving and investment habit.

While you are trading, it means you are dealing with money. So it definitely would improve your financial management knowledge.

4. Discipline and Patience:
When you are a trader you will be more disciplined and patient in anything you do in life, with trading you will be able to control your emotions, have proper planning for an investment and the patience to wait for the right opportunity. These skills are useful in real life decisions too.

It's true trading turned me as a patience person. Because without patience there is no way to be gainer from crypto trading.

What have you again from trading, that has really helped you.

Since I am gainer, it's gives me financial freedom. I have been holding my crypto in hardware wallet and spending whenever I need.

[Queen uloma]

4. Discipline and Patience:
When you are a trader you will be more disciplined and patient in anything you do in life, with trading you will be able to control your emotions, have proper planning for an investment and the patience to wait for the right opportunity. These skills are useful in real life decisions too.


What have you again from trading, that has really helped you.

Discipline and patience is one of the key things I believe every trader has achieved, as a trader you most be well disciplined and patient, and if you do have this two qualities in you you can’t be successful in trading and you will always lose money, what helps a trader to gain profit from trading is discipline and patience.
This two things are the things I have gained from being a trader at some point of my life, and any investment or business I go into I always apply this two qualities which is discipline and patience and it works magic for me, I will continue applying them in everything I do. You will always learn as a trader but I can’t guarantee profit.

[Oluwa-btc]

Trading is something that has been useful in the world and it has really impacted positively in the life of some set of people, and this are the positive effect of trading in our life’s.

Aside this points listed above trading has opened one to so many positive impacts but mainly these points listened are applicable or more beneficial to those that trade wisely because left for those that consistently have loses snd setbacks while trading they are limited to this benefits more especially having a sournce6of income and financial freedom so I would say trading as positive effects to some person's that has better knowledge and strategies on it .

[Padi24]

Trading is something that has been useful in the world and it has really impacted positively in the life of some set of people, and this are the positive effect of trading in our life’s.

1. Source of Income:
Trading has become a source of income for some set of people and they are really using trading to take good care of their self and their family.

2. Financial Freedom:
Those that are successful in trading may become less dependent on salaries or jobs, thereby gaining freedom to manage their own finances very well.

3. Improves Financial Knowledge:
When you are a trader you will really improve when it comes to financial knowledge, because trading will help you to know Risk management and also help you have a saving and investment habit.

4. Discipline and Patience:
When you are a trader you will be more disciplined and patient in anything you do in life, with trading you will be able to control your emotions, have proper planning for an investment and the patience to wait for the right opportunity. These skills are useful in real life decisions too.


What have you again from trading, that has really helped you.

Trading has played a vital and important role in our mod rn life wallet apps on our phones, trading is no longer limited investing expert. It now affect many individuals, businesses and our complete economies. The effect of trading in our lives can be both good and bad, depending on how practice them and also understand them.

Trading also involves risk. prices can rise and also fall fu tj economic changes international challenges so therefore education is essential.

[tvplus006]

Trading is something that has been useful in the world and it has really impacted positively in the life of some set of people, and this are the positive effect of trading in our life’s...

Of course, trading will allow you to gain financial independence if it becomes your main source of income. However, not everyone can become one, as almost 90% of traders lose their money without gaining financial freedom. Even completed training does not guarantee that you will be able to bec ome a profitable trader.

[Rruchi man]

4. Discipline and Patience:
When you are a trader you will be more disciplined and patient in anything you do in life, with trading you will be able to control your emotions, have proper planning for an investment and the patience to wait for the right opportunity. These skills are useful in real life decisions too.

Successful traders are traders who have a good mastery of their emotions; they are psychologically strong from years of carefully practicing control over their emotions. Due to this emotional mastery, it becomes rare to find a profitable trader who still makes some decisions regarding their lives out of pressure or emotion.

Trading will also teach you consistency because you require consistency to actually profit from the market. If you can learn consistency from the market, you can apply same action towards another thing you wish to get involved with.

[bitgolden]

While we are talking about the positives, lets not act as if all is well and doing great for everyone. Unfortunately trading has caused a lot of people to lose money that they couldn't afford to lose as well, because people are not careful and that causes a lot of trouble for many people.

I wish it was possible for people to recover from this, but the reality is that most people just dig a deeper hole and keep losing. So while there are positives for some, we still need to be very careful.

[Popkon6]

What have you again from trading, that has really helped you.

Basically, I don't like trading, because trading requires additional research and market research is most needed where the market changes constantly. But those who want to get money quickly for the purpose of earning money are mainly dependent on trading. I don't like to take extra risks, but those who can do proper market research about the future can be the only ones who can succeed quickly. However, trading should be done in trusted coins so that people can recover their losses after holding them for a long time, such a promise must be there.

[GreatArkansas]

What have you again from trading, that has really helped you.

Basically, I don't like trading, because trading requires additional research and market research is most needed where the market changes constantly. But those who want to get money quickly for the purpose of earning money are mainly dependent on trading. I don't like to take extra risks, but those who can do proper market research about the future can be the only ones who can succeed quickly. However, trading should be done in trusted coins so that people can recover their losses after holding them for a long time, such a promise must be there.

I disagree with what you said,"want to get money quickly in trading". That's not how easily trading works. Have you heard a lot of stories about people losing money on trading? Some went bankrupt and lost a lot of money, like their savings, emergency funds, or even took a loan just to use for trading, and still lost everything.
Trading is not easy, and it's not gambling. It really needs a proper study, time, and effort to become a profitable trader.

[WatChe]

I am against trading. but If someone wants to trade, then he should trade with such money that if he loses, his financial condition will not be bad. Many people trade with the money they need. Which often causes losses. If in the beginning, trading makes a profit, then the new trader should take a new trade from that profit. In this way, he can survive in trading for a long time and can learn a lot. And if he loses, then he should keep himself calm. If he wants to trade again, then he will take time to manage the funds and start again. Many people have suffered losses due to aggressiveness, but it is also true that there are some positive aspects to it.

We can break our capital into two parts i.e. investment and trading. Investing is less risky and thats where most of our capital must go here. While trading is full of risks and thats why we must allocate money for trading with care. If you are new to trading then you will face loses in the start and thats why new comers are advised to start with small capital, once you have developed necessary skills in trading and you are confident that you can handle big amount then you can increase your capital gradually. Even experienced traders find it hard to handle wild fire of trading at times thats why I suggest to split your capital into two parts i.e. investment and trading.

[Peanutswar]

When it comes with trading for me it teaches discipline, knowledge and patience. Discipline because not all youve been seeing in the market movement is ideal to trade all you need is to stick your plan having a risk management is a must here to time for errors or else you will lose your money. Knowledge because you need to extend the learning and skills you have every time there is a changes about the strategy and new techniques that improve your knowledge. Patience because in trading you must need to wait for the proper execution. You got now the position all you need is to wait for the market confirmation on your trade.

[YOSHIE]

What have you again from trading, that has really helped you.

Whether you realize it or not, admit it or not, the point is that crypto trading has given me personally a significant positive influence, maybe you have mentioned the important parts in the thread by OP, yes, apart from increasing financial portfolio instruments and financial inclusion, of course I have real experience in crypto trading.

I understand that even though crypto trading as we know it is risky, but as long as I have been involved in the world of crypto trading, I am aware of how important reliability is and how difficult it is to make money even if we do it on the digital market, this has become a challenge for me myself. positive side.

[rachael9385]

There is no doubt that trading has become a major source of income for a lot of people and they are self employed, this has become helpful especially to those in third world countries where the government does not really do much to assist the citizens. But I don't advice anyone to take trading as the only source of income because there is absolutely no way you can get a stable income from it.

[bangjoe]

Trading is something that has been useful in the world and it has really impacted positively in the life of some set of people, and this are the positive effect of trading in our life’s...

Of course, trading will allow you to gain financial independence if it becomes your main source of income. However, not everyone can become one, as almost 90% of traders lose their money without gaining financial freedom. Even completed training does not guarantee that you will be able to bec ome a profitable trader.

Yes, that is the big challenge for us in becoming successful traders, because the majority is only a profit for those who are good at this industry, I can hardly understand why many people experience failure here, even I myself still fail in the trades that I make, for this year only getting a position on XAUT gave me a profit while the others still failed.

Does it require a divine destiny to become a successful trader or something like that? because it is said that usefulness is very beautiful in this industry, my work is much more flexible, I am not tied to other people as bosses and others, we can earn money just by sitting back by opening several positions, then the next day we go on holiday.