Post
Topic
Board Trading Discussion
Re: Why are people getting scared to Trade
by
Lantind
on 19/06/2024, 05:33:17 UTC
If you have good skills in analyzing the market and price movements, then you can take advantage of market volatility to gain high profits from trading. I agree that traders can also make a lot of money and become rich, but they are people who have also experienced the bitterness of loss.

Apart from knowledge and experience, traders also need capital and mentality. Large capital and a good mentality can make a trader consider greater risks compared to those with limited capital, maybe this is why some traders can get more profits than other people who are more familiar with the crypto market than them.
You are right, those who have been able to make a profit from the trades they made, of course when they first tried, they certainly experienced failure, but they don't give up easily and can correct the mistakes they made so that they can achieve profits on the trades they make.

By having large capital and being mentally prepared, they will be able to choose the level of risk they face and of course they will have a very good understanding of the decisions they make to be able to get good results, but for those who have limited capital they will of course be very careful -be careful when trading and it is difficult for them to take bigger risks because the capital they have is very small.