Welcome back,
In 2020, I started trading seriously, and that is where my real trading journey began. Even though the very first time I ever traded was back in 2017 on Wazirx, that was just my introduction to trading.
When I actually started taking it seriously, it was in 2020, when the entire crypto market was going through a crisis and then suddenly a massive pump came into the market. That phase is what attracted and excited me the most.
So today, I am here to share my favorite method, or I would say my best method, of earning online. Without thinking even for a second, I can say that trading is the best method for me to earn online.
I have been living my life through trading for the last few years, and without it, I honestly think I would not have survived the way I did.
Even though things have not worked very well for me over the last 1.5 years, the market itself has changed a lot. I am not an expert trader, and I do not have deep knowledge of long market history.
That is why I regularly go back and study how the market behaved in the past, especially in crypto, where we do not even have enough historical data.
This makes it even more difficult to compare past cycles with the present situation, because the market is becoming more mature and people are becoming more aware.
That is also the reason why we do not see the market reacting in the same way it used to. Apart from this, the introduction of ETFs has also changed how the market performs compared to earlier cycles.
Still, I believe that the phase I am currently going through is a learning phase. I am going to continue trading as my primary method of earning online, and I am not going to leave it behind. Everything I go through every day, every chart I watch, and every article I read is part of my learning process.
I am not a futures trader. Even though I know how to do it and I can participate in it, I choose not to.
One of the major reasons is that futures trading is a big gamble if you are not an expert trader. Without proper risk analysis, you can lose all your money very quickly. It comes with a much bigger responsibility.
In spot trading, you have the flexibility to hold an asset indefinitely, especially if you have full trust in the project. That is why I consider myself more of a spot trader and a long-term investor.
So yes, for me, trading is still the best way to earn online. What about you? You can share your thoughts as well by participating in the India United contest LINK.
Thank you and happy trading everyone.