Post
Topic
Board Trading Discussion
Re: Why are people getting scared to Trade
by
Egii Nna
on 09/06/2024, 20:08:02 UTC
People fear trading for a variety of reasons. One of the primary reasons is a fear of losing money. The market's unpredictability and volatility can cause huge financial losses, which can be alarming for many people ( for airdrop having this kind of way to earn with.zero.cost) There is also a dread of making bad judgments and then regretting them. Trading also entails some level of risk and uncertainty, which can be scary for individuals unfamiliar with the industry.

Fear of loss is not bad, but fear or risk is very bad, and that can make you stay at the same spot for a long period of time because who doesn’t take risk will always stay at the place he is yesterday. Risk is a paved way to riches, so why be afraid? One thing people who are afraid of trading lack is knowledge because there is stop loss, and no matter the amount you put in trading, you will still put stop loss, which even though you are not active, you will not lose. more than that, which definitely means that you can put your stop loss at the amount you can afford to lose. 

So to me, there is nothing to be afraid of because in trading, you just need knowledge, and with that, you are covered, and failure is also part of knowledge and success, so even if you don’t use your money to trade or do anything pertaining to crypto, you will still invest in some physical investments, which even there you can still lose, so loss is everywhere.