Mindset vs. reality

[Tungbulu]

The mainset of trading will always be profitable makes some people are choose trading rather than to being an investor that because they don't have more patient to hold crypto especially for long term but in fact when these people have attempts to do crypto trading they had faced several loses which makes them lost all of their money and as i said before that trading is not for everyone and it's not easy to make trading as profitable activities because plenty of people has been give up because after trading they cannot gets decent profit but it's different if only to being an the investor especially bitcoin investor because all you have to do is used your money you can afford to lost to invest at bitcoin and i am sure for next several years your investment value will be growing

You are right, but get to know that they are to do what they can for their own good and not for other people opinion because, there are some people that are into trading because they see other people are into it, maybe their relatives or their friends and this makes them not to care about acquiring the basic knowledge of it and this will make them to face some challenges that they will find it hard to scale through. So, trading is good and profitable but it doesn't mean they don't have any challenges in it and this challenges is what makes trading not to be an easy investment.

[SquallLeonhart]

Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Indeed. Perhaps a more accurate way to say the entire thing is that we value and focus on what's visible and ignore what's not. We are influenced by stories of how someone made a million dollars from $10, while knowing very well that such an occurrence happens once in a while. Another example is how every day a lot of us sacrifice our health to earn money, even though it makes no sense when you think about it.

This is also why all the advertisements are focused on short-term gains and hype stories rather than promoting a vision. A lot of people jumped into Bitcoins because they heard it went from nothing to $100k! but nobody is interested in why it happened and what are the chances for future growth.

[Oluwa-btc]

 Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Honestly that's the reality of life that centers on insights and thoughts, at this point the mindsets is taking over. Most times both works together but the mindsets makes it a reality,in this case now some person's are triggered by situation surrounding them which can prompt them to activate a strong mindsets to go into trading with the wrong mindsets.

[passwordnow]

Honestly that's the reality of life that centers on insights and thoughts, at this point the mindsets is taking over. Most times both works together but the mindsets makes it a reality,in this case now some person's are triggered by situation surrounding them which can prompt them to activate a strong mindsets to go into trading with the wrong mindsets.

True. Because those who's got the positive mindsets can even do them decisions which are wrong. And they think that it's enough for them to go back in trading when they've just been having so much losses. Mindset isn't enough but they have to embrace the reality that there's the time for everything. If it's the time for them to lose, they have to accept that reality and that mindset is okay but they'll have to show the real thing and situation of each of us. That's why the reality isn't being chosen by those who tries hard because it hurts their ego when they're experiencing so much losses.

[Primark]

Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Indeed. Perhaps a more accurate way to say the entire thing is that we value and focus on what's visible and ignore what's not. We are influenced by stories of how someone made a million dollars from $10, while knowing very well that such an occurrence happens once in a while. Another example is how every day a lot of us sacrifice our health to earn money, even though it makes no sense when you think about it.

This is also why all the advertisements are focused on short-term gains and hype stories rather than promoting a vision. A lot of people jumped into Bitcoins because they heard it went from nothing to $100k! but nobody is interested in why it happened and what are the chances for future growth.

You're right, what my OP meant was that most people are attracted to results, but don't consider the process, time, risk, and importance behind those results. Many people jump into the market hearing that Bitcoin was once very cheap, but is now very expensive. And they run the risk of seeing this thinking as a way to get rich quick.

[maxreish]

That's most of the problem we are taking. All we thought was when they trade, they made profit easily. What we don't really see was the problems and the loses they've made before they reached the profit.
Yes, there's a lot of risk in trading, we only need to have a risk management in trading as we don't really predict its phases or ways. Those trader's good experiences in trading can be our take in a good mindset or make it as our  inspiration to be a better trader, too.

[AprilioMP]

Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Many people believe that trading will provide them with financial benefits they can enjoy, even though in reality trading is an activity that carries a high risk of loss. Those who are deeply interested in trading often assume that such concerns are merely fabricated to scare others away from getting involved.
If investing can preserve the value of money and generate profits through price appreciation—as with Bitcoin—then why be tempted by trading, which carries a high risk of loss?

[pusaka]

Interestingly, this mindset of the brain also occurs in trading. Many people, tempted by the stories of some people's trading profits, consider trading safe. But logically and statistically, trading is much riskier than long-term investment. But many people consider trading to be more safe, which in most cases can lead to losses.

Many people believe that trading will provide them with financial benefits they can enjoy, even though in reality trading is an activity that carries a high risk of loss. Those who are deeply interested in trading often assume that such concerns are merely fabricated to scare others away from getting involved.
If investing can preserve the value of money and generate profits through price appreciation—as with Bitcoin—then why be tempted by trading, which carries a high risk of loss?

This is because more people share their successes on social media than failures, and in fact people prefer success stories to failure stories. Even an invited motivator is a successful person, regardless of how they got that success. so this affects the mindset of someone who at the same time is also looking for ways to be able to earn money easily.

Even though the person tells how in the past they got a loss, people don't care about that because what they see is his success now. People usually don't care about a person's journey, they only question how to succeed, not how to get up from failure.

I've even had someone teach me about crypto, be it trading or investing. The reason they wanted to learn was because they were tired of working and planned to resign from their job. The person who asked me didn't see that I was also still working while running investments and trading (only occasionally).

[TheUltraElite]

I disagree that trading is considered safe by most people. It is rather the contrary and that is also why some people tend to link trading to gambling or being a taboo topic to be discussed on dinner tables with family.

The car example is poor, because an accident in a car has higher chances of survival than the accident on the plane, which is almost impossible to survive.

What I understand is that long term investment are safer, this I agree. Trading is mostly short term when talked about casually.

[I_Anime]

That's most of the problem we are taking. All we thought was when they trade, they made profit easily. What we don't really see was the problems and the loses they've made before they reached the profit.
Yes, there's a lot of risk in trading, we only need to have a risk management in trading as we don't really predict its phases or ways. Those trader's good experiences in trading can be our take in a good mindset or make it as our  inspiration to be a better trader, too.

Exactly many always see the destination they don’t see the journey that one went through before getting to the point of been in profit . Lot of traders went through countless losses before getting to where they are now some where close to the extent of given up , but the truth is that , that’s how trading works nothing good comes to easy .  Always focus on the rewards ahead , be consistent with in it especially with improving your skill daily by learning and researching too.

[AprilioMP]

Many people believe that trading will provide them with financial benefits they can enjoy, even though in reality trading is an activity that carries a high risk of loss. Those who are deeply interested in trading often assume that such concerns are merely fabricated to scare others away from getting involved.
If investing can preserve the value of money and generate profits through price appreciation—as with Bitcoin—then why be tempted by trading, which carries a high risk of loss?

This is because more people share their successes on social media than failures, and in fact people prefer success stories to failure stories. Even an invited motivator is a successful person, regardless of how they got that success. so this affects the mindset of someone who at the same time is also looking for ways to be able to earn money easily.

It’s not wrong, because what’s shown is indeed the result, but the process that led to that final outcome isn’t shown at all. In my opinion, social media is just a facade. They’re well-versed in psychology, so what they present is designed to generate energy that creates a positive stimulus for the audience.

I've even had someone teach me about crypto, be it trading or investing. The reason they wanted to learn was because they were tired of working and planned to resign from their job. The person who asked me didn't see that I was also still working while running investments and trading (only occasionally).

There are various motivations for learning. To draw a conclusion, the main reason people learn trading and investing is actually the same as everyone else’s: they want to make more money than usual.
In practice, however, things often go off track because they’re driven by one desire after another, which can lead them to make mistakes.

[Kelward]

That's most of the problem we are taking. All we thought was when they trade, they made profit easily. What we don't really see was the problems and the loses they've made before they reached the profit.
Yes, there's a lot of risk in trading, we only need to have a risk management in trading as we don't really predict its phases or ways. Those trader's good experiences in trading can be our take in a good mindset or make it as our  inspiration to be a better trader, too.

Exactly many always see the destination they don’t see the journey that one went through before getting to the point of been in profit . Lot of traders went through countless losses before getting to where they are now some where close to the extent of given up , but the truth is that , that’s how trading works nothing good comes to easy .  Always focus on the rewards ahead , be consistent with in it especially with improving your skill daily by learning and researching too.

This is part of the misleadings on social media, influencers and top traders are quick to share consecutive profits as if trading is easy to make profit without them also sharing the hard reality that loses are an integral part of trading. They don't emphasize that most of the top traders have suffered immense loses before they became highly experienced and professionals who understands the mindset and reality of being successful in trading.

I agree that many newbies focus on the destination which is to be successful traders and ignore the process which is the journey to the destination of becoming successful in trading. Knowing that there is no guarantee of making profit in trading will make new traders to study hard about the secret of being more profitable in trading, they should be mentored by experienced professionals who will guide them to become better traders.

[WhoYouCantKill]

There are various motivations for learning. To draw a conclusion, the main reason people learn trading and investing is actually the same as everyone else’s: they want to make more money than usual.
In practice, however, things often go off track because they’re driven by one desire after another, which can lead them to make mistakes.

This isn’t far from the truth. The main reason a lot of people are involved in investing and trading is simply because they wanna make some money and so  improve their financial situation, and they pretty much have a good approach towards this achieving, but just along the line, they begin to allow emotions like greed to set in and when that happens, they become prone to making mistakes and poor decisions.  And this is the very reason why it goes beyond mere having the strategy but more about discipline and patience, when you got these, you stand a much better chance of such.

[Zanab247]

That's most of the problem we are taking. All we thought was when they trade, they made profit easily. What we don't really see was the problems and the loses they've made before they reached the profit.
Yes, there's a lot of risk in trading, we only need to have a risk management in trading as we don't really predict its phases or ways. Those trader's good experiences in trading can be our take in a good mindset or make it as our  inspiration to be a better trader, too.

You know that crypto market is a big place and you don't know who will spread your losses to your family members when you spread or talk about the amount of money you have lost in the crypto trading. One thing some people don't understand about trading is that you have to experience some mistakes that will make you learn more and not to give up on crypto trading before you will begin to see improvement that will make you call yourself professional.

Anything you don't practice or learn before trading, it will be hard for you to progress, because you will be losing money that will make you to find out what is making you to lose money in crypto trading, because you have to secure the knowledge of crypto trading before you can begin to see progress in your crypto trading.