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

[God Of Thunder]

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.

I cannot disagree with what you have said. Yes, you are right. But unfortunately, most of us do not have safe money, which we don't want in the next couple of months or a year. Or even if we have, we exceed the limit and invest our last savings to try our luck and gamble. We advise others not to invest their emergency money in something, but we end up doing the same thing.

Unfortunately, I have done this a couple of times. I kept only a thousand dollars for my emergency moment, and I thought it was enough. But later I had to start a new business, and I did not want to sell my BTC at that moment. So, I took a loan from my friend for my business and currently, I am in a profit with my investment.

[bounceback]

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.

Patience is most important point when trading in cryptocurrency, lack patience better try other business and don't make investing your money in cryptocurrency trading.
Need patience and more brave when trading in cryptocurrency because some of trader typical already for earning much profit but scare with risk face when investing in bitcoin or altcoin.
Patience and braveness two points have control before trading in cryptocurrency, lack patience and scare when investing assets in cryptocurrency better looking other business with lower risk and actually will earn low profit indeed how long its hold.

[Jamal Aezaz]

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.

At first nobody has experience but everyone should have the ability to learn about the market fluctuations and everyone who is a part of crypto investment should have the ability to read the price chart as price changes occur then he will easily take decisions based on the alterations.

Putting all amounts in Bitcoin is a safe decision but one should also invest in altcoins because altcoins also possess the ability to increase in worth as Bitcoin does and I think diversification is a more suitable option then putting all sum in one coin for which you will wait for years.

[taufik123]

-snip-
Putting all amounts in Bitcoin is a safe decision but one should also invest in altcoins because altcoins also possess the ability to increase in worth as Bitcoin does and I think diversification is a more suitable option then putting all sum in one coin for which you will wait for years.

Diversification is necessary because it will give you the opportunity to be able to choose which coin is good after Bitcoin.
Management is needed so that it is not only in one bag.

Examples such as holding ETH will also yield gains when the bull run arrives,
or holding some of the top altcoins such as BNB, SOL, LTC etc that also have potential.

The best is indeed long-term, but it also depends on where the target is determined.

[alltalk]

I cannot disagree with what you have said. Yes, you are right.

You disagree or agree with him??? Your statement is confusing. 

But unfortunately, most of us do not have safe money~

How do you know this? Have you made an own research about this?
Each person sometimes defines "safe money" in a different perception. However, we have already many references telling the risks of using unsafe money. Smart or wise people must avoid it! Crypto isn't the right place to use "unsafe money".

We advise others not to invest their emergency money in something, but we end up doing the same thing.

I never used emergency money, I used the money that I won't use for important matters. I think many people do the same way. There are already too many bad stories that tell people about the impacts of using unsafe money. We mustn't do the same mistake!!

[Mr. Magkaisa]

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.

I cannot disagree with what you have said. Yes, you are right. But unfortunately, most of us do not have safe money, which we don't want in the next couple of months or a year. Or even if we have, we exceed the limit and invest our last savings to try our luck and gamble. We advise others not to invest their emergency money in something, but we end up doing the same thing.

Unfortunately, I have done this a couple of times. I kept only a thousand dollars for my emergency moment, and I thought it was enough. But later I had to start a new business, and I did not want to sell my BTC at that moment. So, I took a loan from my friend for my business and currently, I am in a profit with my investment.

          -   Well, in my case for now, my only source of income is crypto trading, apart from the campaign that I am part of on this forum platform and even on the other side, and so far, what I am experiencing is also good and can somehow provide me with profit every week.

Let me say that break even is what is given to me because somehow it helps to sustain my daily expenses in my life and that of my family too, of course, and that is a big thing to me.

[Hamza2424]

I cannot disagree with what you have said. Yes, you are right. But unfortunately, most of us do not have safe money, which we don't want in the next couple of months or a year. Or even if we have, we exceed the limit and invest our last savings to try our luck and gamble. We advise others not to invest their emergency money in something, but we end up doing the same thing.

This is what we call weak control over emotions, in the greed or under the pressure of lust to get more under someone's influence most people lose control over their emotions and make such decisions. Those who practice their disciplined decision never fall into such things.

I used to say that most people just pretend to be the pro-investors they say something else and in the plan of action don't even own their words/suggestions/pro-tips. That's a harsh reality anyway is the whole game of psychology if someone is able to control his/her decisions he can survive longer than anyone else.

[LUCKMCFLY]

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.

As for Investment , I think that Bitcoin is the Right investment and one that we will never have any doubts about. I have always believed that Bitcoin is the best option for Investing , as long as the money that is put there is for the long term, in order to trade, because everything is relative, things are always much more Fundamental , with more care in the indicators, technical analysis and everything that has to do with the best method to make money or try to Increase our Capital, then Speculation in the market is something else.

[babo]

This is what we call weak control over emotions, in the greed or under the pressure of lust to get more under someone's influence most people lose control over their emotions and make such decisions. Those who practice their disciplined decision never fall into such things.

I used to say that most people just pretend to be the pro-investors they say something else and in the plan of action don't even own their words/suggestions/pro-tips. That's a harsh reality anyway is the whole game of psychology if someone is able to control his/her decisions he can survive longer than anyone else.

You just need to know how to set rules for yourself and respect them. If you put take profits and stop losses, the computer does this for you. If you start thinking with your gut and not with your brain, trouble begins.
This is why I have no addictions, I can't think with my gut and I think with my brain.
In fact, I think that without adequate culture but above all experience, I wouldn't be able to trade well.
Regarding discipline, that is present

[Jamal Aezaz]

Diversification is necessary because it will give you the opportunity to be able to choose which coin is good after Bitcoin.
Management is needed so that it is not only in one bag.

Examples such as holding ETH will also yield gains when the bull run arrives,
or holding some of the top altcoins such as BNB, SOL, LTC etc that also have potential.

The best is indeed long-term, but it also depends on where the target is determined.

Diversification is important because it decreases your chance of losing more money but you should not forget that the selection of coins is in your hand and you will decide to choose a profitable coin or scam one therefore explore the characteristics of coins in which you are interested in investing.

Ethereum is the top coin among altcoins and one should not forget to invest in it as after Bitcoin Ethereum has occupied the top position in the crypto market. The Solana is going as a successful coin and demand for it is still elevated so catch up on the opportunity to be rewarded in this bull season.

[Mr. Magkaisa]

What I mean by this terms are; Launchpad, launchpool, Poolx and even pre-market trading.

People who have been in crypto know these things. But, as you may know, not everyone likes Centralized exchanges where the launchpad or the launch pool takes place. Instead, I prefer farming airdrops with new projects that want beta testers or sell nodes before they launch their projects. Of course, it is risky and you must research before investing in such a project.

What about Pre-market? I know Kucoin do offer this and it has never gone wrong in anyway. Where traders got to trade a new coin with each other before it gets listed.

To be honest, I consider pre-market as gambling. Because we don't know what will be the price of a token when it gets listed on the exchange, there could be a huge difference in the price when it is listed on the exchange. XAI traders know what happened to them.

       -   There is really something else that can be earned here in the field of Bitcoin or crypto. If you are here on the forum platform, you can join the bounties that are there; if you have skills related to crypto, you can also offer the service that you have; if you are a web designer, you can also; if you are a translator, come here.

If you are an investor, you can get a very good ROI when you see potential projects, but if you choose the wrong one, that's the only risk you can face as an investor. Trading is the last thing here.

[God Of Thunder]

If you are an investor, you can get a very good ROI when you see potential projects, but if you choose the wrong one, that's the only risk you can face as an investor. Trading is the last thing here.

I don't know who should I blame for this. But not only investors but people with $50 in their crypto wallet want to try trading. This is because of the fake signals selling business. I cannot have a day on social media without seeing an ad where a trader shows how much money is made out of crypto trading, binary trading, or forex trading.

These social media influencers start selling their signals to crypto newbies and they start trading. Most of them end up losing their little investment because of no experience.

[alltalk]

Diversification is important because it decreases your chance of losing more money but you should not forget that the selection of coins is in your hand and you will decide to choose a profitable coin or scam one therefore explore the characteristics of coins in which you are interested in investing.

I agree that diversification is necessary. Sure, if you diversify assets with some trusted coins, it may decrease the chance of losses. But if we only diversify assets with random coins, I think it won't help anything. It only adds more coins into our portfolio but it won't strengthen the assets. And we also should realize that diversification will increase the chance of higher profits.

Ethereum is the top coin among altcoins and one should not forget to invest in it as after Bitcoin Ethereum has occupied the top position in the crypto market. The Solana is going as a successful coin and demand for it is still elevated so catch up on the opportunity to be rewarded in this bull season.

Bitcoin, Ethereum, Solana, Cardano, Polkadot, BNB, and Toncoin are some coins that we can diversify assets with them. As long as we diversify with these recommended coins, no doubt it will decrease the chance of losses. However, we must understand that we must always monitor them, analyze the potential raise or drop in the future. Sometimes, an issue can change the price immediately and significantly.

[ajiz138]

       -   There is really something else that can be earned here in the field of Bitcoin or crypto. If you are here on the forum platform, you can join the bounties that are there; if you have skills related to crypto, you can also offer the service that you have; if you are a web designer, you can also; if you are a translator, come here.

Yes there are many ways to earn money in the cryptocurrency space, we can do many things to earn it. One of them is bounties as you said, airdrop hunting and many more.

It comes back to ourselves, whether we want to take advantage of the opportunities that exist, or whether we only hope from one door. And I think it's better to have more doors to make money, even though it might make us have to work harder.

[|MINER|]

As a beginner, if one considers trading as a means of earning money, it is sure that he will lose everything.  Because only those who are good at trading can make money.  If someone is new to the forum and sees successful people and thinks that he too will train overnight and become rich by earning money, then it will be the biggest mistake of his life.  Because trading is a subject that without adequate knowledge, it is not possible to achieve success in any way.  To enter the world of trading, you must first acquire sufficient knowledge about trading and follow the rules of trading.  Also follow the successful traders on the forum.  Then you can try trading with a small amount first.  But even after knowing all the rules there is no guarantee that you will not face loss in trading.  So it is better not to think of trading as a means of making money.