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Author Topic: What is the main reason why you trade  (Read 6458 times)

Online JISAN

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Re: What is the main reason why you trade
« Reply #75 on: October 31, 2024, 08:48:26 PM »
-snip-
We have now gone fully to crypto as our major work or business. This is a profession that was developed out of a secondary source of income and has now become our primary source of income so we are extremely committed to it.
Just like what you do now, crypto is my main source of income now and it makes me earn more than I did when I worked for other companies.

A side hustle that was built from a side job, with some capital that was not too much at first and I was able to grow it because I bought some coins including BTC and ETH which I then held for about 1-2 years and it gave quite an incredible profit and made my portfolio grow even more.
Crypto is definitely able to provide better income than other sectors. We all trade or hold, both with the objective of making profit. I haven't found anyone who trains for fun, everyone's main objective in trading is to make an income. And crypto is the source of mine income for many like you. So we can say that trading is one of the best sources of our income. At one time we didn't think much about crypto but now it has become a very popular means of income
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Re: What is the main reason why you trade
« Reply #75 on: October 31, 2024, 08:48:26 PM »

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Offline satpol_PP

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Re: What is the main reason why you trade
« Reply #76 on: November 01, 2024, 04:53:22 AM »
-snip-
We have now gone fully to crypto as our major work or business. This is a profession that was developed out of a secondary source of income and has now become our primary source of income so we are extremely committed to it.
Just like what you do now, crypto is my main source of income now and it makes me earn more than I did when I worked for other companies.

A side hustle that was built from a side job, with some capital that was not too much at first and I was able to grow it because I bought some coins including BTC and ETH which I then held for about 1-2 years and it gave quite an incredible profit and made my portfolio grow even more.
Crypto is definitely able to provide better income than other sectors. We all trade or hold, both with the objective of making profit. I haven't found anyone who trains for fun, everyone's main objective in trading is to make an income. And crypto is the source of mine income for many like you. So we can say that trading is one of the best sources of our income. At one time we didn't think much about crypto but now it has become a very popular means of income
We can do many ways to benefit from Crypto, become a trader or holder both are also good and can bring profits.
Even if you have equipment to do this mining, this is also a good way to get a profit.
For those who do not have capital can participate in Airdrop and Bounty Campaign, this is also worth.

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Re: What is the main reason why you trade
« Reply #76 on: November 01, 2024, 04:53:22 AM »

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Offline emmybd

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Re: What is the main reason why you trade
« Reply #77 on: November 01, 2024, 05:17:24 AM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?
Trading is unlike gambling, you wouldn't get addicted. But crypto trading is very risky, because of price fluctuation. That's why most people lose money. Gaining experience is the key to success in trading.

Offline kulkhan

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Re: What is the main reason why you trade
« Reply #78 on: November 01, 2024, 08:17:56 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?
Trading is unlike gambling, you wouldn't get addicted. But crypto trading is very risky, because of price fluctuation. That's why most people lose money. Gaining experience is the key to success in trading.
Yes we know cryptocurrency trading is very risky but it also true that huge profit is possible from this this currency Trading. Fluctuation in this market is bigger than other market. But experienced trader can get huge profit from this market.

So to profit from crypto trading need patience, who will excited to tread crypto you will unable to get profit. But who will hold his fund patiently he will be profited today or tomorrow there has no doubt.
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Offline debra

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Re: What is the main reason why you trade
« Reply #79 on: November 01, 2024, 09:46:09 PM »
So we can understand how valuable it is to have a balance of trading and main working activities. It is efficient to use the available time and get as involved in the market as we need to be without having to giving up other duties. By manipulating the trading time or the time we dedicate to investing we can do it with more concentration and serenity. Moreover, getting out when the market is bearish is the best decision, as we lose not a penny and can invest at a better time.
Just use your free time to trade, it doesn't require the whole day. I don't understand with the term of manipulating time you stated above. I think we just need to divide the time if you are quite busy. Anyway, it is not a must to trade every day, you can trade whenever you want. You even can trade once a week if you have no much time for trading. Well, if you are experienced enough, you actually can get profits both in bearish and bullish season. So, you don't need to quite whenever there is bearish market.


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Re: What is the main reason why you trade
« Reply #80 on: November 01, 2024, 10:13:43 PM »
Snip
Trading is unlike gambling, you wouldn't get addicted. But crypto trading is very risky, because of price fluctuation. That's why most people lose money. Gaining experience is the key to success in trading.
Well trading can likely be addictive just like gambling because whatever thing people does on a regular basis they easily gets addicted due to the constant trading with the desire to reach some specific amount of trade as profits, whereas trading regularly with altcoin is also another huge risk because the lose ratio is higher than that of bitcoin.

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Re: What is the main reason why you trade
« Reply #81 on: November 01, 2024, 11:59:35 PM »
I am trading for money. We know From cryptocurrency trading huge profit possible. Dorm another market cryptocurrency market is best for trading. Fluctuations rate is biggest In cryptocurrency market then another market. Now a days our earning source is very poor, after pandemic huge people has been unemployed so they are trying to earn money from trading. I am also trading cryptocurrency for earning money to maintain my family.
« Last Edit: November 02, 2024, 12:05:00 AM by kulkhan »
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Re: What is the main reason why you trade
« Reply #81 on: November 01, 2024, 11:59:35 PM »


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Re: What is the main reason why you trade
« Reply #82 on: November 02, 2024, 09:13:31 AM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?
Trading is unlike gambling, you wouldn't get addicted. But crypto trading is very risky, because of price fluctuation. That's why most people lose money. Gaining experience is the key to success in trading.
Yes we know cryptocurrency trading is very risky but it also true that huge profit is possible from this this currency Trading. Fluctuation in this market is bigger than other market. But experienced trader can get huge profit from this market.

So to profit from crypto trading need patience, who will excited to tread crypto you will unable to get profit. But who will hold his fund patiently he will be profited today or tomorrow there has no doubt.
Cryptocurrency trading is just like someone who is gambling but must be vigilant and trading with the market trend because they are mostly over hyped and if not followed through marketing and you decide to hold it may decide to dump on you whereby living with worthless token.

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Re: What is the main reason why you trade
« Reply #83 on: November 02, 2024, 04:13:40 PM »
The reason behind every trade is to make profit, i see it not of much relevant when we are not able to achieve this any longer when trading, it is also important that we run a check to see some of the reasons behind the limitation to why are trades remain unprofitable, have we equipped ourself with the necessary trading skills or we are just making attempts on trial by error methods to trade.

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Re: What is the main reason why you trade
« Reply #84 on: November 02, 2024, 09:14:34 PM »
Here to get few reasons why we trade and of course many of us here would say they trade to double their money and if that then it would be very hard for us to succeed in trading. Just as what most people says they gamble to make additional profits or to have double stream of income but at later ends turning very bad at them were they suddenly became addicted gambler.

Don't you think a trader can as well become addicted?
Trading is unlike gambling, you wouldn't get addicted. But crypto trading is very risky, because of price fluctuation. That's why most people lose money. Gaining experience is the key to success in trading.
Yes we know cryptocurrency trading is very risky but it also true that huge profit is possible from this this currency Trading. Fluctuation in this market is bigger than other market. But experienced trader can get huge profit from this market.

So to profit from crypto trading need patience, who will excited to tread crypto you will unable to get profit. But who will hold his fund patiently he will be profited today or tomorrow there has no doubt.
Yes that is it because when you have experience in trading you can always utilize the market whenever the market is is up but most people does not follow the market the way it is going when you have experience you would always take profit, maybe when the market drops you buy again and hold to watch when the market go up a little after which you can sell to take profit again with this gradual process you can actually accumulate profit for long run.

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Re: What is the main reason why you trade
« Reply #85 on: November 04, 2024, 04:51:00 AM »
Yes that is it because when you have experience in trading you can always utilize the market whenever the market is is up but most people does not follow the market the way it is going when you have experience you would always take profit, maybe when the market drops you buy again and hold to watch when the market go up a little after which you can sell to take profit again with this gradual process you can actually accumulate profit for long run.
The fact of having experience in trading does help us in analyzing the market and react to every chance that appears. If we can read the market forces we can go along with the trend at the right pace when it is on an upward trend. Looking at the prices therefore means that there are chances to profit when price movements are closely examined despite volatility. In this case, the experience not only helps us identify what happens, but even calm us when we have to decide even in every changing condition.

However, not everyone is familiar with such rhythm and pattern. At this case, if we do not make a deeper understanding, it’s easy to be influenced by our feelings or be hasty which will be detrimental to ourselves. I translated ‘patience’ as the ability to look out for the ‘big picture’ in assets and the fortitude needed to stay in or get back into positions when things are going south, Mr. Market’s favorite time. Thus, profits will continue to be realised in the future. It is possible to make trading a way to achieve the best outcomes by being aware in depth and keeping a similar approach.
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Re: What is the main reason why you trade
« Reply #86 on: November 04, 2024, 03:02:47 PM »
Reason whether doing trading here in cryptocurrency or bitcoin? We all know the answer to this question, and the answer to the question made on this topic is also the reason why there are many airdrops and various campaign projects or bounty.

Now is trading as a crypto trader addictive? If we know how to get profit from trading here, it is possible if I consider it really addictive. But there are other traders who do it as a normal or typical passive income or job.
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Re: What is the main reason why you trade
« Reply #87 on: November 05, 2024, 09:29:05 PM »
Reason whether doing trading here in cryptocurrency or bitcoin? We all know the answer to this question, and the answer to the question made on this topic is also the reason why there are many airdrops and various campaign projects or bounty.

Now is trading as a crypto trader addictive? If we know how to get profit from trading here, it is possible if I consider it really addictive. But there are other traders who do it as a normal or typical passive income or job.
I am among those who have experienced when trading because I consider trading is a way to get a profit that we can use to add assets and additional income from our work in the real world. Although in trading we don't always win but I can get a higher profit than the defeat that I suffered.

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Re: What is the main reason why you trade
« Reply #88 on: November 05, 2024, 10:38:39 PM »
Reason whether doing trading here in cryptocurrency or bitcoin? We all know the answer to this question, and the answer to the question made on this topic is also the reason why there are many airdrops and various campaign projects or bounty.

Now is trading as a crypto trader addictive? If we know how to get profit from trading here, it is possible if I consider it really addictive. But there are other traders who do it as a normal or typical passive income or job.
Crypto trading, particularly in Bitcoin, is unique since it offers great returns on investment, and this is what some distinctivities that prompt many activities like airdrops and bounty campaigns are in essence. In rather as for some of us this trading can be an interesting and even exotic business, especially when the first profit appears. But there are also those among us who consider it as merely supplementary income or a steady employment, which is not an ordinary nine-to-five, but which does not require deep feelings either.
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Re: What is the main reason why you trade
« Reply #89 on: November 07, 2024, 05:29:33 PM »
maybe when the market drops you buy again and hold to watch when the market go up a little after which you can sell to take profit again with this gradual process you can actually accumulate profit for long run.

When a market is in a tailspin, there are many traders who open their short positions and enter with extreme leverage and according to them they earn much more there than when the market is long, of course this is a fact that things can turn out for the better when we as good traders understand this thanks to experience and although I have this theory clear, the truth is I would be very afraid to open a short position with a leverage greater than 10x, that would really scare me, but that fear is what we must remove no matter what.
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