Post
Topic
Board Trading Discussion
Re: Why trading and not something else?
by
EarnOnVictor
on 28/05/2024, 10:32:56 UTC
Reasons why I chose trading instead of something else;
 - profit potential
 - interest

Trading is indeed another way of generating money that someone could fall into. Unfortunately, the risk is terribly high making a lot of traders suffer losses instead of earning money. The sad thing about this is if you don't have enough knowledge and skills, you will not earn any but lose all of your money.

Trading is quite interesting because of some social media influence showing a lot of money but this is the thing we should have to remember before we try, the market is unstable so we don't have to take it easy and it is why we can't ensure profit.

well, however, these two things are what interest us all, especially the profit part. In fact, when I studied crypto, we naturally entered the world of trading. Therefore, sooner or later, people who study crypto will see the potential that can be gained from trading. This doesn't just happen to crypto, but also to other investments. After all, all this happens because of "interest" which has the goal of generating "profit". So, that's why people are interested in trading.
Well, in my opinion, what @Kelvinid wrote regarding the "Interest and Profit" as the reasons why people are trading is not so true. The one and only reason why people trade is to make money from it (Profit) and nothing more, except you allow people to deceive you. Trading is not a game or something similar to games like betting, so why have a mere interest in a thing like that if not for the money? Fine, our interest could be in the financial market, but reading about it and getting the updated information like other sectors we love without investing in it would have been the end of it, not how it is in such a way that we will now invest our money just because of the interest we have in it. Let me remind you, that trading is risky, meaning that we can either gain our money or lose it, so when it is of interest only, why are people investing an insane amount of money into it? Besides, to date, I have never seen a single person, whether online or offline that categorically states that he is trading for the interest he has in it, but for the money, which is so feasible.