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

[babo]

One thing I learn from reading training books on how to trade (even if I haven't put it into practice) is that you need to be disciplined and put your emotions aside
if you bet money that you don't need it's easy to think coldly, otherwise you'll panic and therefore make some mistakes
another point is discipline, setting stop losses and respecting them

[Aanuoluwatofunmi]

Yes, it is true! Trading isn't the only way to make money. We can make money through investment which I know most of you already know how. What about the other means of making money aside investing. Some could call it Farming while some can call it Staking.

You're actually right that trading is not the only way to make money, but also, we have to know about the other things in which we may have developed interest in doing, because we cant afford to dabble into anything like that without knowing the cost or risk involved in it, staking and crypto farming also could be somewhat lucrative if it involves taking less risk and we are sure of their reliability before engaging them.

[Jamal Aezaz]

Yes, that's true, everyone can make money via trading or investing but those who learn trading and investing can make money via it. There's no skill or job in this world where everyone can make money, only those who get better at something can make money through that.

Everyone cannot make money through trading but some talented people who have learned about trading and investment can make money and the success of talented people are also not guaranteed but still it can be said that skilled individuals have more profit as compared to unskilled individuals in the crypto market.

Another thing is that skill learning is necessary for trading because you have to use different strategies for which learning skills are compulsory and more energy is required in trading as compared to doing a job.

[SamReomo]

Another thing is that skill learning is necessary for trading because you have to use different strategies for which learning skills are compulsory and more energy is required in trading as compared to doing a job.

Yes, you're right, trading is tough than government jobs and it requires time, effort, and patience. A trader who wants to make profit should always monitor the market and control his/her emotions during that monitoring.

During monitoring sometimes a trader's eye catches the crypto-currencies that are getting pumped and trust me such pumps always make traders to lose money instead of making anything.

I believe anyone who puts effort and wants to make money via trading can do so with proper training, and control over his/her emotions. I know some people make more money in trading than others but I believe most good traders do make enough money from trading.

[rizqillah]

Yes, it is true! Trading isn't the only way to make money. We can make money through investment which I know most of you already know how. What about the other means of making money aside investing. Some could call it Farming while some can call it Staking.

You're actually right that trading is not the only way to make money, but also, we have to know about the other things in which we may have developed interest in doing, because we cant afford to dabble into anything like that without knowing the cost or risk involved in it, staking and crypto farming also could be somewhat lucrative if it involves taking less risk and we are sure of their reliability before engaging them.

We can make money in crypto not only from trading. We can become a holder, participate in bounty campaigns and airdrops, do staking etc. So there are still many ways to make money in the crypto world. But for me trading is the most important thing to find daily profit.

[Azharul]

One thing I learn from reading training books on how to trade (even if I haven't put it into practice) is that you need to be disciplined and put your emotions aside
if you bet money that you don't need it's easy to think coldly, otherwise you'll panic and therefore make some mistakes
another point is discipline, setting stop losses and respecting them

We know that trading is one of the best way to for making money. But we also know that trading is not only source to earn money from cryptocurrency world. We also know that in many way we can make mony from crypto. Invest is of the best way to make money from crypto market.  Besides we can earn money from staking or farming. Become a holder we can make money, besides bounty campaign and airdrop is also best way from crypto currency market.

[doc]

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

Sorry to say this but the chances of making money from this kind of investment is less while the returns can be quite higher.

And for making profits someone has to be active in their trading activity so definitely one should be a trader to follow this and make money.

As title says, trading is not the only way, actually the most important while less risky way is just buy BTC and sell it after few years.

I agree the most important way with little risk is to buy bitcoin and hold it for the long term. but by trading we can get bigger profit than just waiting as a holder, that's my opinion. Because I also do trading and become a bitcoin holder with my limited capital.

[satpol_PP]

I agree the most important way with little risk is to buy bitcoin and hold it for the long term. but by trading we can get bigger profit than just waiting as a holder, that's my opinion. Because I also do trading and become a bitcoin holder with my limited capital.

Both are good to do as a bitcoin holder and also as a trader. We can also hold some good and safe altcoins such as ethereum, BNB, Solanan and currently TON also seems to have good potential even though there is bad news about durov

[babo]

One thing I learn from reading training books on how to trade (even if I haven't put it into practice) is that you need to be disciplined and put your emotions aside
if you bet money that you don't need it's easy to think coldly, otherwise you'll panic and therefore make some mistakes
another point is discipline, setting stop losses and respecting them

We know that trading is one of the best way to for making money. But we also know that trading is not only source to earn money from cryptocurrency world. We also know that in many way we can make mony from crypto. Invest is of the best way to make money from crypto market.  Besides we can earn money from staking or farming. Become a holder we can make money, besides bounty campaign and airdrop is also best way from crypto currency market.

I'm not familiar with airdrops but obviously they definitely have a limit
instead what I'm trying is related to stacking

for example, I discovered that Stacks has a wrapped token stSTX which allows you to gain in stacks rather than in bitcoin.
this allows different strategies

[Ujok]

Investing in new projects is very vulnerable and very risky, not getting the profits we hope for but getting losses that we regret. It's better to invest in coins that are already registered on KoinMarket, they are safer and it depends on you managing them so you can make a profit every day. I'm not saying that all new coins are risky, no. Most new coins are very risky and some are not, depending on who you own and you have to be careful.

[Crypto Library]

Investing in new projects is very vulnerable and very risky, not getting the profits we hope for but getting losses that we regret. It's better to invest in coins that are already registered on KoinMarket, they are safer and it depends on you managing them so you can make a profit every day. I'm not saying that all new coins are risky, no. Most new coins are very risky and some are not, depending on who you own and you have to be careful.

I would agree with you that volatility doubles the risk in crypto currency trading and at the same time those who trade with right decisions and strategies are able to make good profits.  The key here is trading analysis and the trader's knowledge and experience of cryptocurrency.
But I will disagree with you here that listed at coin market cap does not mean that a coin is trustworthy but there are many coins that are scammed despite being listed on coin market cap platforms.  I will not only talk about the coin market cap, but even the coins listed on a good exchange are not guaranteed to be scammed, so I think it is better not to invest in a new project.

[babo]

Investing in new projects is very vulnerable and very risky, not getting the profits we hope for but getting losses that we regret. It's better to invest in coins that are already registered on KoinMarket, they are safer and it depends on you managing them so you can make a profit every day. I'm not saying that all new coins are risky, no. Most new coins are very risky and some are not, depending on who you own and you have to be careful.

where there are many profit opportunities there are also many risks, that's how it works
maybe that coin will have a crazy pump and you will earn a lot (very rare case) or you will lose everything
It always depends on one's personal propensity for gambling

I don't like making bets

[Ricardo11]

Investing in new projects is very vulnerable and very risky, not getting the profits we hope for but getting losses that we regret. It's better to invest in coins that are already registered on KoinMarket, they are safer and it depends on you managing them so you can make a profit every day. I'm not saying that all new coins are risky, no. Most new coins are very risky and some are not, depending on who you own and you have to be careful.

Actually new coins lose most of the time, like if you invest in 100 new alt coins you might get good from 1-2 coins and rest 98 coins are fake. All in all investing in new coin is high risk, but if you are ready to accept this high risk then you can take risk, to gain something good you have to lose something, more risk you take more return you will get, but risk investing in a new alt coin I think this is nothing but stupidity, as there is always a high chance of loss, which is why one should always stay away from new coins, and invest in top alt coins, and best of all if investing in Bitcoin. do  It provides the highest return on long term holdings.

[rizqillah]

Investing in new projects is very vulnerable and very risky, not getting the profits we hope for but getting losses that we regret. It's better to invest in coins that are already registered on KoinMarket, they are safer and it depends on you managing them so you can make a profit every day. I'm not saying that all new coins are risky, no. Most new coins are very risky and some are not, depending on who you own and you have to be careful.

Actually new coins lose most of the time, like if you invest in 100 new alt coins you might get good from 1-2 coins and rest 98 coins are fake. All in all investing in new coin is high risk, but if you are ready to accept this high risk then you can take risk, to gain something good you have to lose something, more risk you take more return you will get, but risk investing in a new alt coin I think this is nothing but stupidity, as there is always a high chance of loss, which is why one should always stay away from new coins, and invest in top alt coins, and best of all if investing in Bitcoin. do  It provides the highest return on long term holdings.

I agree with you that we should invest in top altcoins because the risk is smaller than investing in new coins. Indeed, the probability of profit obtained by buying new coins will be greater than the old coins, but the risk is also great. It is very unfortunate if we as investors will lose money if we buy the wrong new coins and cause losses.

[legend45]

Investing in new projects is very vulnerable and very risky, not getting the profits we hope for but getting losses that we regret. It's better to invest in coins that are already registered on KoinMarket, they are safer and it depends on you managing them so you can make a profit every day. I'm not saying that all new coins are risky, no. Most new coins are very risky and some are not, depending on who you own and you have to be careful.

Actually new coins lose most of the time, like if you invest in 100 new alt coins you might get good from 1-2 coins and rest 98 coins are fake. All in all investing in new coin is high risk, but if you are ready to accept this high risk then you can take risk, to gain something good you have to lose something, more risk you take more return you will get, but risk investing in a new alt coin I think this is nothing but stupidity, as there is always a high chance of loss, which is why one should always stay away from new coins, and invest in top alt coins, and best of all if investing in Bitcoin. do  It provides the highest return on long term holdings.

I agree with you that we should invest in top altcoins because the risk is smaller than investing in new coins. Indeed, the probability of profit obtained by buying new coins will be greater than the old coins, but the risk is also great. It is very unfortunate if we as investors will lose money if we buy the wrong new coins and cause losses.

There are many good new coins and we can invest there but we have to do long research and this takes time and knowledge if we want to play with high risk. But we should invest in the top 10 coins because it is safer for our capital, because it is not recommended for newbies or people who do not have knowledge and experience to invest in new projects.