Post
Topic
Board Trading Discussion
Re: Is trading really worth it?
by
stomachgrowls
on 07/07/2022, 20:30:46 UTC
Can I have a precise and constructive answer on whether trading is really worth spending time on? My brother wants to do this job for a living, and I'm just curious if it's a dignified, worth-spending occupation. I don't know where to ask, I don't understand technical analysis; when he explains it to me I feel it's some sort of gambling strategy.

I've used to read experts' discussions, papers, books and the like, but I find no such stuff on trading. It's a very vague term anyway. Are there really people who just "buy low and sell high", making a living by just doing that? I can't comprehend how can a person seriously make a living by something that looks complete gambling, instead of providing goods, services, work etc.

A beginner can't have crypto trading as a full-time job. Trading needs broad understanding because it's a long process of learning. You can rely on it when you already know the basics plus the technical analysis and strategies that you can apply. It needs time and courage for you to understand everything. It has huge risks and might lead you to losses if you'll enter it without enough knowledge.
It does take years and very long pile of effort and understanding before you could really make yourself sustainable on trading.This isnt for everybody even if someone do wishes on going full time with trading and even myself i do even hardly able to maintain or sustain considering that i've been doing trading for 5 years but i cant really see myself on going full time and leave my day job just to
make some full time trades.

Well, its a personal choice since there are people who could cope up despite of those conditions.Not all would really be that too good on ending up on good results from time to time.
This isnt newbie friendly but once you do able to take a good grasp into it then expect that you are really indeed doing good.