Quote from: Best-mary on February 12, 2024, 09:37:03 PM

Lately, I have noticed in most crypto groups I'm in, many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

I can say they choose to attend those events to earn money. because in these cryptos, there are many things to do that will make you money. So there are two things here: either those people that are attending those events to make money cannot trade, or they do not have money to trade, they are not ready to trade, and lastly, they did not choose to trade, or they could not take the risk in trading, so they chose to go to events organized by crypto exchanges so they could make money. However, if those activities did not bring them money and profit, they would have stopped it. Just know that those exchanges are advertising their company to get more recognition and customers, so after those events, they get more people.

Quote from: lalabotax on Today at 09:43:24 PM

I think it is not so difficult to analyze the market. People can analyze the charts because it is something we can learn. People who claim they have no ability in analyzing, they are probably lazy. Another thing that we must learn is about the fundamental factors. If we often to check the development of the projects, we can understand how to analyze this.

Analyzing the market will not be hard for someone who knows how to do it, because if you know how to do it, it will not be hard for you, but for someone who is struggling to learn, I believe he or she will find it difficult to analyze the market. Although fundamental knowledge is also important, that alone cannot solve a trader's problem; technical analysis must also be there to make a trader make money out of it.

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People who suggest to invest because they have no much time for trading. And they may be lazy to learn trading. But if we have the intention to succeed with trading, we must have time for trading. We can learn trading from any sources, so why we must be lazy. Wink

whether trading and investment It is a choice if someone chooses to invest. It is not as if they cannot trade or they do not have time for it; it is just that some people don't really like trading, especially the type of risk that is associated with trading, so it makes some feel discouraged to trade.