Are People Still Making Money From Trading?

[Jasz]

The trend of traders turning to cryptocurrencies as a means of making money has been a long-time one. However, with the value of Bitcoin going down, it seems that this trend is being reversed. The recent drop in the value of Bitcoin has caused many people to rethink their strategy when it comes to trading cryptocurrencies.

The rise and fall of cryptocurrency prices has been a common occurrence over the past few years. This has led many people to start accepting cryptocurrencies as payment for their goods and services. However, it appears that many businesses are now closing down their cryptocurrency-only operations because they can't keep up with the rapid changes in price.

You might think that it has been years since anyone made money from trading. But that's not true. The biggest winners in the market are still making serious money.

If you are looking for an area for a big swings in prices (like oil) or where there are huge price differences between different types of assets (like gold). These kinds of markets are extremely volatile, so they're also good places to make money because they'll produce fast gains and losses.

But if you want to trade long term (and who doesn't?), then this is not the kind of market you should be looking at. You need to find an area where there isn't much movement at all — like stocks.

 

[Ithedicious]

Trading is still one of the most profitable business that is being done by people most especially those that have better idea of what trading is all about because those are the ones that will be benefiting from the market. I know the price of cryptocurrency are down presently , well in some cases a lot of people are still making money most especially those that can take a quick trade and exit the market within a short period of time..

It is not just because the market is down that makes people not to make money from the crypto-currency market or forex . In most cases your idea of the market really help and plays a very important role in helping you succeed in any market you have chosen to concentrate on. .

Personally I know someone that is still making profit presently with forex even when some countries are down economically.

 

[Axis]

Trading of course is one of the successful business in which many Nigerians have ventured into and are given them money. Trading requires you to be Sharp and smart in order to get the most out of it. Before setting up a trading business one need to have a reasonable capital in order to start it up and also careful planning is also important whenever you want to start up a trading business.
Do you today competitiveness in trading many people have given up because they can't next cells anymore due to the fact that many people can market or deal on the same type of goods and this can increase competition. One can be very tactful handling the situation and can still be making money via trading. Either he reduces the price of his goods or he sell the quality goods because this can attract more customers in patronizing him does a bully him to make more income revenue or profits.
Almost everybody about looking into online businesses in regulating the trading aspect and not knowing that trading can still be giving money today.

 

[Mastergp]

As I use to say every one has different ways they all make their money, some are legit while others are not legit, and this has cause much issues in ones life, many people work for government while some work for private individuals, and still others work for themselves meaning that they are the owners of their business.

Trading business has being the important part of a business, and many people are earning from it, trading has taken a different shape it not only done as it use to face to face but now people could trade online and are making so much money.

One could trade at any place or any time the found themselves, you don't have to see the buyer face to face before you trade and also due to the expansion of technology one could even trade to other people even out side the country even though he or she could not speak the language or even traveling to met his buyer face to face but with the expansion of tech he could do this.

So we could say that trading is still use for buying and selling of products.

 

[moonchild]

Well, I don't think trading will be outdated anytime soon because it is a real market with $1 trillion cap, it is not possible for such markets to liquidate because all I'd the banks trade it and they do so everyday.

Crypto is not based on that it is all speculation and people but based on other people's intuition, this will definitely lead to liquidation. I never look at crypto as something longbterm because it is not, it is more of, enter, test the waters and leave.

What I only appreciate about the market is the blockchain technology that comes with it but apart from that most of it is probably not long term.

But forex Trading has been existing even before the internet was created so you see it will definitely be hard to beat that.

Peoeple will definitely keep on making money trading but can't say the same for crypto.

 

[CALVINDOL]

Due to how vast and viral the use of the internet has been effective in the act of making money it has totally made majority of people ask themselves whether making money via trading is still effective. First and foremost we can agree to the fact that making money online is absolutely very interesting especially if you know of a valid and legit paying website that pays you reasonably and consistently for doing simple and uncomplicated activities and responsibilities. Making of money online is also considered to be stress-free and most of the time less time-consuming compared to the making of money offline which involves establishing offline trading businesses.

The purpose of this comment is never to downgrade the establishing of offline trading businesses but rather it is to show the difference and how important the use of the internet has been in the act of making money online. Many people are still making it big by establishing offline businesses, but most of the time involving the internet in the businesses are most of the reasons why they succeed.