Quote from: GigaBit on Today at 07:02:50 AM

Quote from: Sexylizzy2813 on Today at 12:50:38 AM

Quote from: Spaceman1000$ on July 25, 2024, 08:42:31 PM

Quote from: Sexylizzy2813 on July 25, 2024, 05:18:43 PM

Quote from: Spaceman1000$ on July 25, 2024, 10:35:28 AM

For anybody that will fathom the idea of going into trading, the person must have already known the implications involved, as the risk factors are the primary projections you will be taught at the beginning stage, however this does not mean that experts too don't make losses, because losses are part of the knowledge required for you to know how to be strategic in your trading journey. So is all depends on the individual to know how to manage the risk factors in your trading. but however this is a pointer to the fact that trading has its own success story and volatility, just the way bitcoin holding has its own success story and volatility.

Many never have it in mind that when starting or going into trading that there must be losses, they only see themselves as those who gain more than they can lose whenever they start, that mindset is good and it makes some to be mindful of how they make their trading not by thinking that they know it all, that's where the down fall of many traders beginning.
The way you plan yourself and using other people's mistakes to learn can improve the way you go about business in the crypto world, sometimes taking that risk do pay more than being too careful but the question is "who doesn't want to make profit and who wants to stay losing"? Is an individual choice to make and learning from others is one of the key factors to survive as a trader and we shouldn't see those we seek for assistance as the best, is their experience they're giving to us not that they are 100% perfect.

Ordinary nobody goes into a business or investment with the mindset of losing, but however for the business of trading it is inherently required that as a beginner you must get a mentor or somebody who teaches you ways and means on how to go about trading, so in teaching you, he will tell you about the fact that you will get losses along the line, because the market variance and force's can work against your predictions anytime.
So for me your mentor should be your guide so as to reduce those risk, so you don't just walk into trading without caution inside you.

At the same time some of these mentors especially those one on YouTube that only want their videos to be the best, they don't speak much about losses only how to make profit and you'd agree with me that many who only think of getting more profit are those who uses their imagination to start up trading, they just picture themselves to be at the top above every other starter.
I think getting someone like a mentor shouldn't be a problem but the issue is how good is the mentor because everyone needs to be careful not to be in the losing side of trading, not everyone we call mentor has what it takes to guide someone to the right direction.

I must agree with you because I have seen many YouTubers who only try to get views of their videos. They only present the gain but I hear very little from them about the loss. I'm sure those who follow those influencers and conduct trading will increase their because they just show you about the profit. Trading does not go through any specific formula. Here you have to change the strategy regularly. But I wouldn't say that there is nothing to learn from it either. There are many people who highlight various issues related to trading. A new trader must have knowledge of many things to learn. It is good for those who are new to have a mentor in the first stage, but you must also understand that in trading, it is appropriate to consider that there will be not only profit but also loss.

I can't seem to find the main reason for the YouTubers only base on getting views, likes just to promote their channel and forget the main reason why they opened the channel in the first place. I believe doing things randomly is the best, using the YouTube videos seeking for knowledge from experienced traders (like 1or 2) will help more than using only those videos. Changing of strategies is also something new traders should always have in mind and trading is like gambling, you win today and lose the next day depending on how you plan out things.

Quote from: Ricardo11 on Today at 09:18:00 AM

Quote from: Sexylizzy2813 on Today at 12:50:38 AM

Quote from: Spaceman1000$ on July 25, 2024, 08:42:31 PM

Quote from: Sexylizzy2813 on July 25, 2024, 05:18:43 PM

Quote from: Spaceman1000$ on July 25, 2024, 10:35:28 AM

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Of course, I totally agree with you, in any YouTube or social media trading video, everyone only talks about the profit side, nothing about the loss. And those who are new to trading, they see all those videos and think that from now on they will profit, there is no possibility of loss here. And later they lose their money by trading without knowing much. You must understand that trading takes new forms every day, you will not always get profit by adopting the same strategy. You should always change strategies, use new strategies to trade. And you should go to a trading expert who will give you a good idea about both the profit and loss of trading. And always do your own research to gain all the knowledge related to trading.

That's another thing that makes newbies to always think they have gotten the best channel that would always produce profit and they can't lose funds and it also make them feel proud like they know it all and in some cases it also lead to scamming them because they easily trust without thinking if they (the YouTubers) are real or not.
Some of the YouTubers can have friends who will say positive things about the channel just to get their victims fall too easy. What we should always consider is that to be successful we don't need to take one path, it can come from where we least expected so trying from anywhere would help but we should also apply some sense to not fall in the wrong hands.