Quote from: Rockstarguy on May 05, 2025, 08:51:17 PM

Quote from: Cpt_reader on May 05, 2025, 10:54:36 AM

Trading is actually a dangerous profession. Trading is like gambling. In a moment, someone becomes rich and someone becomes poor. If you can trade wisely, then you can make a profit. Suppose if you have $500, first buy it for $100, then if the market goes down, buy it for $100, and in this way, buy every time and sell every time the market goes up. Then you will see that you will get a profit. You should never come to trading without learning.

Trading is different from gambling; it may seem the same as gambling only if people approach trading with a gambling mindset. Trading is dangerous only when traders enter it without a good understanding of trading.

It is very risky for anyone to participate without learning because it is possible to lose all the money they have, and not understanding trading better can also lead one to seek money by any means to trade again. The truth is that trading will always be dangerous for those who don't understand it, but profit can still be made when it is well understood.

I have been trading for three years. I have made some profits. But a few months ago I took a trade in a token for $1800 but now it is like $100. The price has dropped so much that the profit I made in the last three years is double now I have lost. Actually I learned to trade but I did not know that there would be such a big loss and that is why I do not like trading anymore. I will only be a Bitcoin holder and I will not trade anything else.