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Author Topic: Should trading in Cryptocurrency or not if yes then it is easy.??  (Read 6846 times)

Offline Gposas

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #60 on: September 05, 2024, 03:16:59 AM »
The basic truth is that you need the knowledge in trading, not just the basics on how to place orders but a grand knowledge on how to follow market trends, understand charts and read candlesticks otherwise you'll end up being a blind trader, placing trades with guess hoping to make gain and at the end of the day making huge losses.
As a trader, you need to learn alot inorder to be successful including self discipline on how to manage fear and greed, also minimizing loss.
But if you are the busy type, you can trade with signals. Subscribing to any VIP CRYPTO TRADING SIGNALS. Then all you have to do is place orders.
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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #60 on: September 05, 2024, 03:16:59 AM »

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #61 on: September 05, 2024, 03:46:40 AM »
The basic truth is that you need the knowledge in trading, not just the basics on how to place orders but a grand knowledge on how to follow market trends, understand charts and read candlesticks otherwise you'll end up being a blind trader, placing trades with guess hoping to make gain and at the end of the day making huge losses.
As a trader, you need to learn alot inorder to be successful including self discipline on how to manage fear and greed, also minimizing loss.
But if you are the busy type, you can trade with signals. Subscribing to any VIP CRYPTO TRADING SIGNALS. Then all you have to do is place orders.
Absolutely correct, this is a definite that success in trading cryptos does entail an understanding of market trends indicators, charts, and candlestick patterns to make more of an informed decision and not base the decision on guessing. This aspect of emotional control of the fear and greed, for instance, is useful when it comes to risk management and prevention of further losses. For those who do not have time or experience, it is possible to subscribe to various trading signals from reliable services to get more targeted and tested information that can assist in making better decisions while trading.

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #61 on: September 05, 2024, 03:46:40 AM »

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #62 on: September 05, 2024, 12:50:14 PM »
Trading is never been simple but doesnt mean that it would really be impossible for you to make money. If trading does have that higher chance on failing out traders  then we wont really be seeing this market to be highly active in between buys and sells on which we dosee the volume is really that huge on day to day basis on which does simply imply that there are really those people who are really that making money with trading and its up to them on how well they do make out those buys and sells on which we know that it would really that differ into each
person considering experience and knowledge would differ to each other.


Trading is not as easy as it sound, if it was very easy, then every individual in the world would be doing it, but because of the risk of losing money and also the time it take to be perfect in trading, that's why so many people are not venturing into it. It might be difficult but is profitable. There are some people that there only occupation is trading and they are living a life of luxury. It's not bad to venture into trading as long as you are determined and mentally ready.

Offline Hisbullah

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #63 on: September 05, 2024, 07:04:06 PM »
The only thing I can say here to op is that you first find out for yourself how to study trading, What are the things that should be considered, because it is not easy to enter the crypto space.

And you must also have the characteristics of traders so that you can get real earnings here in Bitcoin or cryptocurrency. As long as you are patient, disciplined are just some of the things you have.
Being a trader must be disciplined and patient, I agree with you. because we have to find experience in trading and it depends on our struggle in finding experience, knowledge and strategy in trading. so it all comes back to each of us, can we trade or just be a holder?
Just being a holder is not a bad thing, because we can still get benefits from it all. but if you have experience and expertise as a trader we can do daily trading, it all depends on our respective abilities. I sometimes do both, but more often just being a holder.
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Offline Faisal2202

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #64 on: September 07, 2024, 05:39:23 PM »
Yes, you are right there, dude. Let's just do the airdrops in the time we have, and it shouldn't take a long time; maybe just a few minutes or maybe 30 minutes is a long time. We have many things to prioritize in order to survive, and not only in these scenarios.
Yes, you are right to allocate specific time for joining airdrops and don't spend whole days unless we are joining them with 50 to 100 accounts because that way we can really make a good amount of funds, but if we are joining with 1 account only, then giving 30 minutes or more considering the internet speed and device speed is enough. I give 1 hour not daily but try to manage on the weekend. I have made a spreadsheet for myself and a group where I place the airdrops I will join and the ones I have joined already so I can keep a record till now airdrops made me some decent money which is enough for me.
The others because if you can hype the airdrops, you think it will make them rich and change their lives; that's why we should be smart too. Trading is also one of the ways to make a profit that can become passive income if we only know it correctly and take note that it is not easy to take it seriously.
Yeah I liked this point you have raised here that we should not hype airdrops as quick rich schemes because it's not instead we should teach others about it as a way to raise some funds to start our journey in crypto I read the same advice from others and I also have the same mentality that if we don't have funds and want to make some money for free then airdrops is the best option.
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Offline Faisal2202

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #65 on: September 10, 2024, 11:03:44 AM »
Yes we have I have tired it out and said that from my own expereince it is true that currently airdrop is on hype and there was some good project those are also rewarding their airdrop hunters.
But have you notice one thing ? Those who are single airdrop hunters those are having just a tinny amount I am not telling those public who make multiple telegram and buying refer to get high rewards. And for earning good amount from these airdrop there is no other ways. And here you have to give huge time on a days.
I agree with you on this; you might be surprised to hear that there are now big organizations that are participating in these airdrops from thousands of accounts and they are using automatic tools and when the word automation comes, AI also comes into use as it has eased the work now. They are doing everything automatically, or we can say by using the minimum human force.

I when came to know that there are organizations participating from thousands of accounts I made 2 accounts and started to join airdrops from 2, but I was not able to manage the time, so I am not joining any at all haha.
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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #66 on: September 10, 2024, 09:42:28 PM »
I agree with you on this; you might be surprised to hear that there are now big organizations that are participating in these airdrops from thousands of accounts and they are using automatic tools and when the word automation comes, AI also comes into use as it has eased the work now. They are doing everything automatically, or we can say by using the minimum human force.

I when came to know that there are organizations participating from thousands of accounts I made 2 accounts and started to join airdrops from 2, but I was not able to manage the time, so I am not joining any at all haha.
Although I have not yet heard of any organization using artificial intelligence to do airdrops.  This is actually surprising to me because organizations are using artificial intelligence behind airdrops because rarely all airdrops are successful even though some airdrops currently appear to be authentic, but I find it unbelievable that they use artificial intelligence.  Here they are wasting their valuable time.
But I have noticed another thing that if air drop is done using artificial intelligence then I don't think the hype of this air drop will last long and to say air drop with multiple accounts using artificial intelligence is unethical and here air drop provided  The projects were cheated.

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #66 on: September 10, 2024, 09:42:28 PM »


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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #67 on: September 10, 2024, 10:17:36 PM »
Trading is easy, profit making is the hard part. I believe that everyone trades, but over half of the people end up losing. Its like the famous 80-20 rule, where only 20 percent of the traders make 80 percent of the profits, and that means the profits has to come from others, and that's the most important part. So its a top heavy place, the higher you go the more mone the winners make and that comes from all the losers. Its not easy, it takes time, but it can be done, its simple but not easy because even though its simple a lot of people still fail to do it because they want to rush and make money right away.

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #68 on: September 10, 2024, 10:51:09 PM »
Just being a holder is not a bad thing, because we can still get benefits from it all. but if you have experience and expertise as a trader we can do daily trading, it all depends on our respective abilities. I sometimes do both, but more often just being a holder.
Not everyone feel satisfied to be a holder only. Some people expect to be professional traders, too. They want to get faster way to get profits. Trading is the right way because we even can get profits daily by doing daytrading. Sure, no one can immediately to have good skills in trading, it takes a process to achieve it. We also need to learn everything about trading to have proper knowledge in trading. I think everyone can have a chance to be a trader.


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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #69 on: September 10, 2024, 10:55:26 PM »
You'd think if we say yes trading is easy? Nah... it won't be easy unless you have been a trader for many years but as a newbie, it won't be easy you need experience and learn more about trading first and I'm sure at first you will lose and gradually learn from mistakes before you can actually make any profit.
Don't treat trading skills as easy it needs experience before you can be a profitable trader.
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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #70 on: September 12, 2024, 12:45:49 AM »
Just being a holder is not a bad thing, because we can still get benefits from it all. but if you have experience and expertise as a trader we can do daily trading, it all depends on our respective abilities. I sometimes do both, but more often just being a holder.
For me being a trader is not easy, what is easy is being an investor because the only thing you have to have is patience until the price of the stock, let's say "bitcoin" goes up, because that is where you will have benefits, being an investor is always much easier, but not for traders, because traders will always have difficulties, doing everything possible to do things better and faster, if the trend is down then you win on the downside (they will be forced to do so) otherwise they must follow the line of least resistance to always be there winning.
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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #71 on: September 12, 2024, 01:45:52 PM »
Trading is never been simple but doesnt mean that it would really be impossible for you to make money. If trading does have that higher chance on failing out traders  then we wont really be seeing this market to be highly active in between buys and sells on which we dosee the volume is really that huge on day to day basis on which does simply imply that there are really those people who are really that making money with trading and its up to them on how well they do make out those buys and sells on which we know that it would really that differ into each
person considering experience and knowledge would differ to each other.
I agree with you, trading was never meant to be predictable or simple. That's why we see losses and gains, buying and selling. Trading is volatile, and even though I have a few years of experience in crypto, I'm not trading as actively. Meanwhile, my younger cousin, with less than five months of experience, made a few dollars from trading and was thrilled with his profit.

We've all been there, but that doesn't mean he'll make a profit every time. I took the opportunity to explain some facts to him and emphasize how important trading knowledge is, along with the pros and cons of jumping in without it. The point is, that beginners can sometimes profit from a trade, while experts can lose on the same one. That's just the diversity of the world, even in the trading market.
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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #72 on: September 13, 2024, 11:36:27 AM »
Just being a holder is not a bad thing, because we can still get benefits from it all. but if you have experience and expertise as a trader we can do daily trading, it all depends on our respective abilities. I sometimes do both, but more often just being a holder.
For me being a trader is not easy, what is easy is being an investor because the only thing you have to have is patience until the price of the stock, let's say "bitcoin" goes up, because that is where you will have benefits, being an investor is always much easier, but not for traders, because traders will always have difficulties, doing everything possible to do things better and faster, if the trend is down then you win on the downside (they will be forced to do so) otherwise they must follow the line of least resistance to always be there winning.
Yeeahh, The life of a trader is not easy at all especially when you have to make decisions within a very short time while the markets are ever volatile. Investors have the luxury of waiting for long term price gain while traders, they have to battle with various factors on daily basis. Experience in trading to a significant extent depends on the effective ability to analyze information as soon as possible and properly assess risks. Bookmark this page and hope that the next time you try it you would have learnt even better how to come up with the best strategy to make it work.

Offline Faisal2202

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #73 on: September 14, 2024, 08:16:33 PM »
Although I have not yet heard of any organization using artificial intelligence to do airdrops.  This is actually surprising to me because organizations are using artificial intelligence behind airdrops because rarely all airdrops are successful even though some airdrops currently appear to be authentic, but I find it unbelievable that they use artificial intelligence.  Here they are wasting their valuable time.
But I have noticed another thing that if air drop is done using artificial intelligence then I don't think the hype of this air drop will last long and to say air drop with multiple accounts using artificial intelligence is unethical and here air drop provided  The projects were cheated.
You are right if airdrops can be joined by AI then the hype will end but I am glad that projects providing airdrops are making it hard for people to automate it. I also tried to automate 1 airdrop where I had to perform 50 transactions and the tools I was using only did 20 transactions. I just had to click every time, and the transaction was automatically made. if I with minimum knowledge, can make it work, then these organizations can hire experienced developers to make custom AI.

Automatically joining of airdrops is not efficient because airdrops change the tasks and sometimes add additional tasks, but it is possible to join an airdrop once the script is ready. People were joining Blum and other similar groups through AI. There are people joining telegram airdrops with thousands of accounts who don't know where did they got that many accounts. I also searched for telegram accounts selling, and I found some sources but did not trust them. The world is changing, and so does the work too, if automation becomes normal, then companies will be hiring manual workers more. I mean, if there is a need for manual workers, then why would they acquire automation?

PS: Now before rewarding the airdrop project, check for connections, and most of them ask for KYC. Such steps are necessary for the fair distribution.
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Online milewilda

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Re: Should trading in Cryptocurrency or not if yes then it is easy.??
« Reply #74 on: September 14, 2024, 10:02:40 PM »
Trading is never been simple but doesnt mean that it would really be impossible for you to make money. If trading does have that higher chance on failing out traders  then we wont really be seeing this market to be highly active in between buys and sells on which we dosee the volume is really that huge on day to day basis on which does simply imply that there are really those people who are really that making money with trading and its up to them on how well they do make out those buys and sells on which we know that it would really that differ into each
person considering experience and knowledge would differ to each other.
I agree with you, trading was never meant to be predictable or simple. That's why we see losses and gains, buying and selling. Trading is volatile, and even though I have a few years of experience in crypto, I'm not trading as actively. Meanwhile, my younger cousin, with less than five months of experience, made a few dollars from trading and was thrilled with his profit.

We've all been there, but that doesn't mean he'll make a profit every time. I took the opportunity to explain some facts to him and emphasize how important trading knowledge is, along with the pros and cons of jumping in without it. The point is, that beginners can sometimes profit from a trade, while experts can lose on the same one. That's just the diversity of the world, even in the trading market.

If everyone turns out to be profitable on their trading then we cant be able to imagine on how this market works as everyone is really that making money, with that alone then
you could really be able to say thats not how market works on which if there's someone who do make money then there's someone who do loses up money on the other side.
This is why it would be better that you shouldnt really be that making yourself delusional because if you do then you are really that prone into that too much expectation
and this might lead up into disappointment on the time that you've been slapped by the reality.

 

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