Trading is not the only way to make money. Here is why!

[Rubel007]

Long term planning is the way to go without a doubt. If you could put aside even a small portion of your salary into bitcoin every month for 20 years, can you imagine how rich you will be? Nobody wants to wait 20 years to be wealthy but that is the most guaranteed way to make money. Obviously a lot of people will hate it, because they are too inpatient and that means they are going to sell beforehand, or try to get rich overnight with some x100 shitcoin that they risk. Just do what most people did to get rich and retire happy, invest into something way beforehand, and you will do fine on the long run.

Agreed and i also think for those who invest in cryptocurrencies only after informing from others, it may seem like a money income scheme only. But when they survive there for a while they realize the point. In order to survive in the crypto space and not just invest, an investor needs to acquire various types of knowledge. When the investor gets a good idea about the market, especially how to be patient during high volatility, what investors should do in bearish and bullish times and how to control greed, if they invest. Then the chances of losing there will be reduced ‍after that they can proceed towards their goals.

[babo]

Agreed and i also think for those who invest in cryptocurrencies only after informing from others, it may seem like a money income scheme only. But when they survive there for a while they realize the point. In order to survive in the crypto space and not just invest, an investor needs to acquire various types of knowledge. When the investor gets a good idea about the market, especially how to be patient during high volatility, what investors should do in bearish and bullish times and how to control greed, if they invest. Then the chances of losing there will be reduced ‍after that they can proceed towards their goals.

if you are a holder yes, you have to be patient and not care about volatility
if you are a trader and you are good, volatility is a playground for you, the best time to make a lot of money
clearly if you are not expert you will only lose money
but with a flat market, the trader does not make money

[vegasus]

There are different means through which we can make money from cryptocurrencies aside from doing trades, we need to explore more on the networks to know what and how we could best fit in for such opportunities in so many of these cryptocurrencies, also, we shouldn't think about other sources as being free from taking risk, if we must really make money, then we have to take risk.

Taking risks cannot be separated from this space. It's always risky. It's just a matter of how much risk we can bear and also manage it so that we can run well and under control when doing it in this space.

The problem then is that there are many people who enter the world of trading but are not strong and are not ready for the various risks that exist. So they often want to take a practical way to do it. Trading with signals is the most common thing in the world of trading for some people. However, brands forget that it still carries high risks. It's just that people think the risk is lower. Hmmm, this is actually a more risky endeavor than jumping into the world of trading but not understanding what trading is all about, so what are you going to do?

[alltalk]

if you are a holder yes, you have to be patient and not care about volatility

Investors must care the volatility. If there is no volatility, investors can't get big profits. 
But investors may not really care about the temporary price changes. They keep holding as long as it doesn't reach the target.

if you are a trader and you are good, volatility is a playground for you, the best time to make a lot of money

Volatility is needed. Even, traders expect a fast change in the price. If it can raise quickly, traders can get fast profits.
There is no price change if there is no volatility in crypto prices.

clearly if you are not expert you will only lose money

At least, we must have sufficient knowledge and understand the basic things of investment or trading. In this way, we don't easily lose money because we understand how to invest or trade in a proper way.

[babo]

if you are a holder yes, you have to be patient and not care about volatility

Investors must care the volatility. If there is no volatility, investors can't get big profits. 
But investors may not really care about the temporary price changes. They keep holding as long as it doesn't reach the target.

if you are a trader and you are good, volatility is a playground for you, the best time to make a lot of money

Volatility is needed. Even, traders expect a fast change in the price. If it can raise quickly, traders can get fast profits.
There is no price change if there is no volatility in crypto prices.

clearly if you are not expert you will only lose money

At least, we must have sufficient knowledge and understand the basic things of investment or trading. In this way, we don't easily lose money because we understand how to invest or trade in a proper way.

Yes, I absolutely agree with what you say my dear
I just said that you can't improvise as a trader, either you know how to trade or you don't
if you know some figures as you say or something about technical analysis this is not enough
you haven't had experience and that matters a lot, so even if you try it will definitely end badly (my experience)

[ayydil]

It is obvious that one can earn money from different sources. What I like about trading is that it requires no physical effort but pressure on mind is as intense. It is like a business, unpredictable, but if consistency is maintained, it will yield profits sooner or later in most cases.

[SmartGold01]

It is obvious that one can earn money from different sources. What I like about trading is that it requires no physical effort but pressure on mind is as intense. It is like a business, unpredictable, but if consistency is maintained, it will yield profits sooner or later in most cases.

Trading as it implies doesn't only ends in currency trading but also applicable to other sections of business, such small trading or road side trading all these requires patient.
The point is, when someone is determined to make money from trading he would do it, what is required is knowledge and safe development, whenever someone is focused then they will have full concentrations in everything they are doing and if they does then success is sure to come after much inputs.

[bayu7adi]

It is obvious that one can earn money from different sources. What I like about trading is that it requires no physical effort but pressure on mind is as intense. It is like a business, unpredictable, but if consistency is maintained, it will yield profits sooner or later in most cases.

Sorry,,, but actually it's not as easy as you say. Even someone who is consistent will still have the opportunity to experience major failure and be destroyed in the world of trading right away. Trading often looks simple, but in fact it is something very complicated, it even requires careful strategy and planning to make a decision. People who decide without thinking and get profit from it, believe me, that's not trading, but it's nothing but gambling which only relies on luck.

What needs to be remembered here is that market manipulation is still very likely to occur at any time. We don't know what kind of movement whales want to make the market. So, as a small trader, it is very normal to experience errors in carrying out analysis because there are other influences besides demand and supply, or market patterns that have been studied.

[Jamal Aezaz]

It is obvious that one can earn money from different sources. What I like about trading is that it requires no physical effort but pressure on mind is as intense. It is like a business, unpredictable, but if consistency is maintained, it will yield profits sooner or later in most cases.

Physical efforts are not so stressful as that of efforts of mind therefore I think trading requires more time and concentration to learn and become a successful trader. One should always choose a platform where there is less volatility and a person should be completely familiarized with the job he wants to do.

One can lose as well as win but both results are not predictable because sometimes the market does not co-operate while sometimes we lose due to our own blunders. Trading is profitable and one can earn more money as compared to a person having a job but it all depends on your efforts, knowledge, market condition and awareness of market fluctuations.