Post
Topic
Board Trading Discussion
Re: Why are people getting scared to Trade
by
Fatunad
on 25/05/2024, 11:20:56 UTC
There are many reasons why we don't see many people afraid of trading in the crypto world, first they have to be prepared with a strong mentality and have to learn many things in trading, not only with capital they can trade. In crypto, the market price is very fluctuating all the time, it is very risky if the fundamentals are still lacking, there could be panic when there is a market correction. Most people are still afraid of the online world because they are still unsure about the future development of cryptocurrency, whether it will continue to shine or will be hampered.
We have to know that the world of cypto investment has two options, spot (long term) or future (short term). If we are not ready and have enough experience with one of the things I mentioned above, such as future trading, it would be better for us to avoid this trading. Futures have much greater risk than spot. Even though experienced people will definitely have that fear, it is a normal thing that happens if someone wants to trade. The reason is that they only speculate on the market, none of the indicators they use are truly correct or perfect in determining the price.
We must be able to choose a good and correct trading method. Spot Trading is the best way for those of us who want to trade calmly without having to be afraid of losing the money we have when we make the wrong decision because we can still hold it until the price rises high. Meanwhile, trading futures is very noisy. When we make the wrong decision, the assets we use for trading futures can be lost instantly.
When we are starting on dealing up with trading and we are that a complete noob or newbie then it would really be just that right that you should really be starting with spot trading and not really that tending to go with futures and this is something a very suicidal thing for someone to do so specially when dealing up with trading or unpredictable market. Why people are scared on doing trading? Just because they are really that scared on losing money and due to lack of knowledge and skills then it would really be that normal that you will really be having that kind of hesitation.Its normal that human beings will really be that skeptical on the things that they are dealing with specially if it talks about losing money then it would really be normal that you would be having those doubts on making that further step.

We do know that we would really be needing to sacrifice or taking up some risks for us to earn and if you would really be that making yourself getting overcome by your fear then you cant be able to press forward.
In compared into those people who do take up some risks just because they've been that accepting into those probabilities that they could lose money but in exchange they would really be having the chance or condition that they might be able to earn more on which totally opposite into those who havent been decided on taking up further step on which it will really be just that basing or depending
on how you would be taking up decisions on this one.