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Merits 1 from 1 user
Re: Buy Buy Buy or Sell Sell Sell?
by
ultrloa
on 13/08/2024, 13:53:02 UTC
⭐ Merited by JayJuanGee (1)
Professional traders can still run at loss and lose all the profit that they have made in a single trade is the market turns against them.
Many lose their fortunes by indulging in trade or gambling. Yet they continue to gamble and lose money. Why are they so greedy? Do they not understand that gambling is ruining their lives?
Because they feel that they have made a profit in trading, they continue and never think about how risky it is, so they may experience losses.

Futures trading is similar to gambling, don't do it if you don't want to lose especially if you don't have the skills.

If you want to be safer then it is better to invest, you will not lose as long as you do not sell halfway and accumulate with the DCA method this is one of the best ways to collect bitcoin you will not think harder like trading by investing you will be a little calmer.

Maybe they actually know the risk since for sure they have a idea that market is volatile, but they just want to test out the waters if this could give them good profits. Some earn huge in their early participation in trading, But for sure they would provably realize that trading is really risky and there chances to earn is so slim.

I used to like futures trading before since the idea is to click long or short to earn money, But there is a scenario where I forgot about my trade then lose a lot of money since I didn't close my trades then take my profit when there's opportunity to gain. That kind of scenario contribute for my decision to stop trading then just focus on something more valuable or ideal to do like accumulating and holding bitcoin for long time since I think this is more better investment rather than wasting our money on  unnecessary things.