Right. There are people who ask how much I will earn per day or per month when I become an experienced trader and I have a lot of experience. Trading is not a stable income or a fixed profit. The truth is that you will have to lose a lot of money, learn through this experience, become a better trader in order to earn more later. There is no gain without loss.
I agree, over time you already understand who is worth listening to and who is not. Who can give good advice and who is terrible
The thing is that some people don't just learn the basics, and they might have heard from their friends that they can earn a lot of money from trading, so they just dive into it without learning first. Trading profits are not a stable source of income, as they usually vary and also depend on the amount that the person has invested. Some experienced traders are making big profits too, but they put in a huge amount and risk their investment, so if it turns out to be a loss trade, the amount is usually huge too.
Yes for some people they always skip the basics, they need to learn it first before trading. That is the common reason why most people quit trading these days, they thought that it is to earn in crypto some say they will follow some signals in telegram or Twitter but the end they are still losing because they even don't know how to put stop loss or some DCA or maybe they are buying shitcoin because they saw it to other.
Regrets do always come at the end on which it is really just that normal that we would really be experiencing losses since there's no such thing about being perfect investor or perfect trader on which
losses are inevitable.Just like the rest been saying that we are all just the same on which when it comes to goals and targets then we do share up with the same idea. It is really just that there are people who are really that going into those shortcuts without even trying out to realize the real deal which we know that it cant really be that so simple or easy on handling out this market.
Outcomes or results would really vary on each decision you would make whether it would be positive or negative and since this market is really just that totally unpredictable, not only limited on
crypto space but also into other markets on dealing up with investment then it isnt assuring that you would be making out profits and this is what the main challenges that you would meed along the way.