Why are people getting scared to Trade

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Why are people getting scared to Trade

Lately, I have noticed in most crypto groups I’m in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these “people” are afraid to trade or they do not believe they can make money from trading? Don’t get me wrong, I understand that this can also generate passive income, but what I’m curious about is whether these activities truly yield significant profits or not.

Joan Husk Answered question June 4, 2024
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Well OP trading is not something one should merely flinch into like that, trading comes with a lot of specialties and I will say your knowledge and wisdom come first above all, trading is a very professional profitable investment it has also helped so many people in one way or another, see op telling you little from my experiences in trading when I was a newbie in trading it felt like me given up but as time went by I started to understand the concept of it steps by step and I obtained to were I am now, I guess trading can not truly yield significant profits

Joan Husk Answered question June 4, 2024
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Trading does require capital and to those people whom you do see that engaged on airdrops and other those giveaways might really dont have any capital to start with but well we do know that
not all could be able to bare up with the risks involved with trading on which i couldnt blame them since its never been that easy in the first place. This is why it would really be that best that
once you have decided on touching up trading then you should really be that wary on the risks involved of it so that you wont really be that expecting or being too optimistic with it
on which we know that this isnt something that you could be able to assure whether it would really be happening or not.

Myat Kelly Answered question June 4, 2024
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The reason why you don’t see many people venturing into trading most especially the future trading is the fact that it actually needs two things. One is the substantial knowledge on technical analysis and fundamental analysis, and the other is capital. Trading is regarded as gambling by some and for you to earn from it you have to have your own capital to start off. Just like you said many of those people that venture into hunting for airdrops are those that do not have the capital or aren’t even ready to risk there funds into it, so they result in just investing alone

Yohan Harsha Answered question June 4, 2024
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