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.

[LUCKMCFLY]

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)

One of the reasons why many people fail in trading is because they want to make large amounts of money from one day to the next and that is not the case, there must always be an easier way to do things without taking such a high percentage of risk , for example in my case I have always said something, when I am looking for Something to be able to generate more money with trading I look for many ways to do and predict the market, and when I have my analysis ready there I see the Analysis of many more people in the forums, in tradingview, because I like to see if there are Other people who have my same way of seeing the market and if we agree then I risk with much more Confidence.

[LUCKMCFLY]

It's not just price movements that we have to look at and analyze, apart from that we also have to understand everything well, including fundamentals. We can't just focus on market movements because there are other things that can influence it all.

When there is good news, for example, it can make prices increase, and conversely, when there is bad news it will affect prices which will also decrease. We have to be active in looking at things like that, so that we can make good trades.

On the moment or time that you do get involved with trading or making out some investment on crypto then everything should really be needing up to learn on which it wont really be just that limited to fundamentals but also with technicals and other aspects on which it would be one of the factors that could really affect out overall movement. We do know that this market could move its price without basing anything or simply being random on which simply means that you would really be that needing to be that good when it comes on making some positions
because making up decisions without any basis is really just that surely to be called as gambling.

Of course, this will be a very important thing for us to pay attention to so that the trading we do does not lead to gambling, meaning we do it without reason and seem to depend on luck.

We have to master all things that are related to the market, even though they are not directly related, things like that will still have an influence. We cannot eliminate a single aspect in analyzing something.

All this is very true, things have to be very well squared, for me in trading things have to go very well directed to the best things, I am a person who before doing any technical analysis first think and see at a functional level, the possible risks that there are in the long term, it is very different when trading for example currency pairs, in binary opinions or something like that because that market is very closed, there it obeys a lot to the candle analysis and that is something that I am beginning to read and see how this type of markets move, for that reason I will always see trading in many ways and not neglect any aspect of analysis.

But we do know that not all the time there would really be that fundamentals or news would really be having on this market this is why people or trader wouldnt really be able to apply it anytime.
This is why they would really be purely making use of TA's on which this would really be that a normal approach but we know that market could move out without any reasons.
it could mess up anytime no matter how good your technicals is. It would really be just that a matter of decisions and your skills on how you would really be gonna dealing up with this space.
It wont really be simple but doesnt mean that you cant be profitable.

You're right, that's why it's always advisable to be comprehensive, that is, to do technical analysis and fundamental analysis, both to get a better result, of course when we Talk About fundamental analysis we're talking about long-term trading, because there are many things that we can imagine that can happen, personally I've always said something, if we focus on doing any type of trading we're going to need to use our Logic a lot and that's where we make decisions, but if we do it only based on a single type of strategy we're not going to Achieve absolutely anything , so in this order of Days things can be very focused on having to combine both, at least that's what I've learned.

[pieppiep]

You're right, that's why it's always advisable to be comprehensive, that is, to do technical analysis and fundamental analysis, both to get a better result, of course when we Talk About fundamental analysis we're talking about long-term trading, because there are many things that we can imagine that can happen, personally I've always said something, if we focus on doing any type of trading we're going to need to use our Logic a lot and that's where we make decisions, but if we do it only based on a single type of strategy we're not going to Achieve absolutely anything , so in this order of Days things can be very focused on having to combine both, at least that's what I've learned.

Not many people understand such methods, many new traders make wrong decisions because they do not have experience and expertise in analyzing Cryptocurrency price movements. But we can all do simple things, put all on Bitcoin assets without thinking twice, whatever the price, and save them for long-term investment. In my opinion, this is a very good choice and without having to master very complicated analytical concepts. But when we have a lot of time to learn all that, it will be of added value and must be used well.

[God Of Thunder]

But we can all do simple things, put all on Bitcoin assets without thinking twice, whatever the price, and save them for long-term investment. In my opinion, this is a very good choice and without having to master very complicated analytical concepts.

Even though it seems that holding Bitcoin is too easy, it is not easy in reality. People suggest others invest and forget about their investment, but do you think it's possible? I don't think so. Especially when you invest a good amount in it. I have invested most of my savings in Bitcoin, and it's not possible for me to forget about my investment. I check my portfolio at least once a day.

Only people with patience can make money at the end of the day. Most people who invest and don't know much about the potential of Bitcoin will start panicking often, and they might end up selling their holdings. It's happened to me as well. But I learned some lessons before.

[kulkhan]

With trading huge opportunity in available in this sector to earn money. People investing in crypto in various ways. Some people investing to hold coin and earning money. They buying some good coin and holding it for long time when it's price being up with his targeted price then he sell it.

Moreover Now a days staking is good policy to earn money. Huge people doing staking now a days and they are getting profit within that's staking priod.Even Bounty, airdrop and many others way available to earn money.

So we can tell trading is not only way to earn money from crypto. And huge investor getting huge profit without trading.

[UNIVERSE]

Even though it seems that holding Bitcoin is too easy, it is not easy in reality. People suggest others invest and forget about their investment, but do you think it's possible? I don't think so. Especially when you invest a good amount in it. I have invested most of my savings in Bitcoin, and it's not possible for me to forget about my investment. I check my portfolio at least once a day.

It becomes not easy if we use unsafe money. It we use safe money it won't be difficult because we have no problem for holding it in a long time. Another reason is about investing in a too big amount of money. We don't invest in the amount of money we don't afford to lose, it burdens our minds. And the last reason is if we use loan money for investment. This is actually forbidden, we mustn't use loan money for investment because there will be no guarantee for the success.

Only people with patience can make money at the end of the day. Most people who invest and don't know much about the potential of Bitcoin will start panicking often, and they might end up selling their holdings. It's happened to me as well. But I learned some lessons before.

Patience is human nature. If someone has no patience, he is better not joining crypto investment. We must know that crypto investment is for patient and brave people. Kindly don't join crypto investment if someone doesn't want to take risks and never has the intention for waiting a long term.