TRADERS are not UNEMPLOYED

[ajiz138]

That is something we have to think about from the beginning, because many people end up having problems in the middle of the road because they are not very well prepared.

For example, someone invests in bitcoin, and we know that investing in bitcoin is a very good thing to do. But the market will not be friendly forever, so there are times when we have to wait longer. Now the problem is when they need money suddenly and they don't have any reserve funds to use and in the end they are forced to sell bitcoin at a loss.

I want to make you understand this. Even though Bitcoin is the most trustworthy and has a potential market, it still contains risk. And the main reason for this is its volatility. If it did not have volatility, then the situation would have been different. However, since there is volatility, we have to invest in such a way that we do not become dependent on our investment in an emergency situation. I have seen many such people who have invested most of their earnings in Bitcoin and later had to sell Bitcoin for some emergency even though they lost money.

I think it's the same as what I said before sir, maybe I didn't say the risk before but that doesn't mean there is no risk. So I explained more at length why we always have to be careful.

I think all of us here agree that everything in anything has a risk, be it a big or small risk, we ourselves must understand how to minimize the risk and I think there has been a lot of knowledge or experience shared here.

[Crypto Library]

I think it's the same as what I said before sir, maybe I didn't say the risk before but that doesn't mean there is no risk. So I explained more at length why we always have to be careful.

I think all of us here agree that everything in anything has a risk, be it a big or small risk, we ourselves must understand how to minimize the risk and I think there has been a lot of knowledge or experience shared here.

Yeap you are right.

When we invest in any small or big thing, we must keep one thing in mind that whether it is crypto or the others things there will definitely be risk in those things.
But we have to choose the right paths with our skills and knowledge and only then we will be successful and face profit. Otherwise, just depending on the hype and investing in a coin, it cannot be an ideal investment.

[Mr. Magkaisa]

That is something we have to think about from the beginning, because many people end up having problems in the middle of the road because they are not very well prepared.

For example, someone invests in bitcoin, and we know that investing in bitcoin is a very good thing to do. But the market will not be friendly forever, so there are times when we have to wait longer. Now the problem is when they need money suddenly and they don't have any reserve funds to use and in the end they are forced to sell bitcoin at a loss.

I want to make you understand this. Even though Bitcoin is the most trustworthy and has a potential market, it still contains risk. And the main reason for this is its volatility. If it did not have volatility, then the situation would have been different. However, since there is volatility, we have to invest in such a way that we do not become dependent on our investment in an emergency situation. I have seen many such people who have invested most of their earnings in Bitcoin and later had to sell Bitcoin for some emergency even though they lost money.

I think it's the same as what I said before sir, maybe I didn't say the risk before but that doesn't mean there is no risk. So I explained more at length why we always have to be careful.

I think all of us here agree that everything in anything has a risk, be it a big or small risk, we ourselves must understand how to minimize the risk and I think there has been a lot of knowledge or experience shared here.

       -      I get your point of view on why we need to be careful in conducting trading activities and that is because of the high level of volatility of cryptocurrencies and at least in bitcoin, at least we can minimize the risk compared to alts.

So it is only right that we remind the community traders here in the crypto space. Although it is not our obligation but it is still good for them to be aware of such things.

[omori]

Yeap you are right.

When we invest in any small or big thing, we must keep one thing in mind that whether it is crypto or the others things there will definitely be risk in those things.
But we have to choose the right paths with our skills and knowledge and only then we will be successful and face profit. Otherwise, just depending on the hype and investing in a coin, it cannot be an ideal investment.

Simple solution - invest in Bitcoin, not trade with it. Long-term hodling.
Risk is minimal if you know how it behaves on the market. That's the easiest way without trading new flashy coins.

[Bobcrypto]

I cannot blame people who say it's not  real job because there are 'traders' who boast on social media how easy it is to make a profit. They say just spend a few minutes and then it's money. While that may be true to good traders or those who copy trades, people who works in the physical world would most likely still think that they live in social media.

Actually those who boast in social networks and said that crypto trading is a easy may be right to some extent, though it unnecessary to boast in social networks about your crypto earnings, you might be exposed to unknown enemy in your region.
Now, boasting with crypto on social networks about profits on crypto trading by some people can be realistic. There are  reason that make it look so simple by can be attributed to the following
1. High knowledge and Experienced
2. Very good Capital
3. No emotions/patience
Traders who has acquired trading knowledge with experiences of the market may boast of their profits on social networks.
Again, Traders with huge capital has the potential to boast of big earnings everyday, this is the aspect that has help many traders, especially the day traders to succeed.
Traders without emotional feelings on the market are always have successful. Most times, patience can help traders to maximize their profits.

[milewilda]

Yeap you are right.

When we invest in any small or big thing, we must keep one thing in mind that whether it is crypto or the others things there will definitely be risk in those things.
But we have to choose the right paths with our skills and knowledge and only then we will be successful and face profit. Otherwise, just depending on the hype and investing in a coin, it cannot be an ideal investment.

Simple solution - invest in Bitcoin, not trade with it. Long-term hodling.
Risk is minimal if you know how it behaves on the market. That's the easiest way without trading new flashy coins.

We do know that not all will really be just that sitting and wont really be doing anything at the moment or time that they do invest with Bitcoin on which on the moment that they will really be having just that investment then there are those who do really wanted up that they will be that liking to see profits in short time basis on which simply means that they will really be needing up to consider out on having that kind of approach on which you will be definitely be facing up that much more risk rather or in compared when it comes to holding. Each person will be that different when it comes into this aspect on which there are ones who are risks takers and there are ones who do want to stick into much safer condition.

[ajiz138]

I think it's the same as what I said before sir, maybe I didn't say the risk before but that doesn't mean there is no risk. So I explained more at length why we always have to be careful.

I think all of us here agree that everything in anything has a risk, be it a big or small risk, we ourselves must understand how to minimize the risk and I think there has been a lot of knowledge or experience shared here.

Yeap you are right.

When we invest in any small or big thing, we must keep one thing in mind that whether it is crypto or the others things there will definitely be risk in those things.
But we have to choose the right paths with our skills and knowledge and only then we will be successful and face profit. Otherwise, just depending on the hype and investing in a coin, it cannot be an ideal investment.

And after knowing the risks, then we must be able to take risks. Because courage is the first step to bring us to profit. But we also should not be surprised when we have to feel many things that make our mentality slightly decrease.

Because in a journey, we cannot just hope for a straight road, we must be ready to face every bend left or right, or uphill or downhill.

[Crypto Library]

And after knowing the risks, then we must be able to take risks. Because courage is the first step to bring us to profit. But we also should not be surprised when we have to feel many things that make our mentality slightly decrease.

Because in a journey, we cannot just hope for a straight road, we must be ready to face every bend left or right, or uphill or downhill.

In my personal  point of view I think about when  should we take the risk? Then my answer will be like this when we were able to say on our learning phase that why we face losses in our trade and also how we get the profit on a trade.
I think that people who will be able to know this those people were also able for taking risk on trade. Because even then there will be much risk but they have also skill to have profit.

[Mr. Magkaisa]

I think it's the same as what I said before sir, maybe I didn't say the risk before but that doesn't mean there is no risk. So I explained more at length why we always have to be careful.

I think all of us here agree that everything in anything has a risk, be it a big or small risk, we ourselves must understand how to minimize the risk and I think there has been a lot of knowledge or experience shared here.

Yeap you are right.

When we invest in any small or big thing, we must keep one thing in mind that whether it is crypto or the others things there will definitely be risk in those things.
But we have to choose the right paths with our skills and knowledge and only then we will be successful and face profit. Otherwise, just depending on the hype and investing in a coin, it cannot be an ideal investment.

And after knowing the risks, then we must be able to take risks. Because courage is the first step to bring us to profit. But we also should not be surprised when we have to feel many things that make our mentality slightly decrease.

Because in a journey, we cannot just hope for a straight road, we must be ready to face every bend left or right, or uphill or downhill.

      -       You are right in saying this, success in trading is not really a straight line, instead we will face many failures and disappointments here.

That is why others always say that we should manage what is called risk management correctly so that it does not hurt us too much when we encounter losses in our trading activity.

[kulkhan]

There are still many who think that trading activities are just fun and not a job, but trading is work, trading is categorized as self-employed or in the big dictionary -> people who work for themselves, so traders immediately refute those who think you are unemployed just because they don't see you have a boss, you are your own boss, don't be discouraged by what they say, if you are very comfortable and get consistent profits then keep it because when you try to find work out there, you it will only waste your opportunity to become a professional trader.

However, traders are advised to have a fairly stable side income to support their finances because the market always moves freely and unpredictably.

anyway, I have created this topic in another forum.

I think trading is not a job. We know cryptocurrency market is always unpredictable. Profit and loss both available in trading. Trading always uncertain and job is certain. It also true that traders are not Unemployed but earning from trading is not certain.

[dekafee79]

      -       You are right in saying this, success in trading is not really a straight line, instead we will face many failures and disappointments here.

That is why others always say that we should manage what is called risk management correctly so that it does not hurt us too much when we encounter losses in our trading activity.

risk management is very much needed in investment, especially if we do trading. this is very important because we are faced with short and medium term risks.
While being a holder, we only need to choose a coin that is poiytensil to hold for the long term, such as bitcoin.
trading requires experience and success in trading is not instant, it takes a long time to become an expert.

[Crypto Library]

      -       You are right in saying this, success in trading is not really a straight line, instead we will face many failures and disappointments here.
That is why others always say that we should manage what is called risk management correctly so that it does not hurt us too much when we encounter losses in our trading activity.

Yeap, I won't disagree with your opinion.
Because even how most we don't want to face loss while we are jump into trading it is also should accept that we will have faced losses for our mistake. This will not make us completely discouraged, but rather we will learn from our mistakes and take steps to avoid making those mistakes again in the future.
Here, you will have the opportunity to learn a lot, not only about risk management.

[dekafee79]

      -       You are right in saying this, success in trading is not really a straight line, instead we will face many failures and disappointments here.
That is why others always say that we should manage what is called risk management correctly so that it does not hurt us too much when we encounter losses in our trading activity.

Yeap, I won't disagree with your opinion.
Because even how most we don't want to face loss while we are jump into trading it is also should accept that we will have faced losses for our mistake. This will not make us completely discouraged, but rather we will learn from our mistakes and take steps to avoid making those mistakes again in the future.
Here, you will have the opportunity to learn a lot, not only about risk management.

Yeah everyone wants profit in trading, although sometimes we make mistakes that cause losses. but as you said we have to learn from those mistakes so we can trade by making analysis and developing strategies properly. In trading we have to learn a lot and not just risk management. because emotional management is also needed in trading.

[Crypto Library]

Yeah everyone wants profit in trading, although sometimes we make mistakes that cause losses. but as you said we have to learn from those mistakes so we can trade by making analysis and developing strategies properly. In trading we have to learn a lot and not just risk management. because emotional management is also needed in trading.

Here I want to also say that facing losses in trading was not a sin as we look it, but it will be become a sin to you when you will face it again and again and you don't learn anything from it.
I have sawn lots of professional trader they make statement like this that they have faced lots of fund which can be a total earn of a common middle class man. But they have the skill for recover that loss. But those people like we don't know analysis but take trade again and again and even face loss we don't try to know how we face that loss.

[Agbe]

      -       You are right in saying this, success in trading is not really a straight line, instead we will face many failures and disappointments here.
That is why others always say that we should manage what is called risk management correctly so that it does not hurt us too much when we encounter losses in our trading activity.

Yeap, I won't disagree with your opinion.
Because even how most we don't want to face loss while we are jump into trading it is also should accept that we will have faced losses for our mistake. This will not make us completely discouraged, but rather we will learn from our mistakes and take steps to avoid making those mistakes again in the future.
Here, you will have the opportunity to learn a lot, not only about risk management.

Yeah everyone wants profit in trading, although sometimes we make mistakes that cause losses. but as you said we have to learn from those mistakes so we can trade by making analysis and developing strategies properly. In trading we have to learn a lot and not just risk management. because emotional management is also needed in trading.

You're definitely right one of the few things that contributes to lose when it comes to trading has to do with the mentality of the trader because if a trader is not mentally stable and face the reality of trading and is always profit oriented such a trader is likely to record lose in trading this is the more reason that traders should go into trading with the right mindset because with the right mindset one can be able to analyze the movement of the market and come up with quick decisions wether the market is favoring or not