Avoid trading unless you are sure of what you do - page 6.

BigTeeths

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

It's not a bad experience if only you don't used huge money to buy those digital assets and thinking it was easy to profit. For newbies, you should start with an amount that is like an extra money for you and then if you loss, you will think that you've learned a lot with those experiences instead of thinking of your losses .

Question123

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All the you said is all risky but they divided into different or level of risk.

Trading is also risk that can possiblw for your money to gone once you do wrong action and for sure you will not earn money on that. Make sure once you entered the trading you have even little knowledge about it and you will develop it once you are in the trading because if you keep researching your knowledge will grow for sure.

iqlimasyadiqa

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Quote from: juragane on March 26, 2019, 08:25:54 PM

Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

crypto trading is the same as gambling, obviously very different from trading with gambling, if we trade we will be able to get a profit from the price difference and if we experience a loss then our money is still only reduced but not lost. different from gambling if we win we can get a lot but if we lose then all our money will be lost.

That can be said to be very different from gambling. but hope that it can be seen that the risks that might be obtained are quite high, especially when we mistakenly choose coins and the coin can be dumped in such a huge amount. so please be careful and make the right decision. the difference is that we can analyze trading, while gambling only depends on luck.

juragane

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CAT.EX Exchange

Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

crypto trading is the same as gambling, obviously very different from trading with gambling, if we trade we will be able to get a profit from the price difference and if we experience a loss then our money is still only reduced but not lost. different from gambling if we win we can get a lot but if we lose then all our money will be lost.

bravehearth0319

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The title is true. Don't do day trading unless you're a skilled and experienced traders. The prices of coins nowadays are not always on the rising side. Unskilled trader may lose bigtime with current situations. If you still want to try to gain experience, trade only the amount you can afford to lose.

faceoff97

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Quote from: CarnagexD on March 07, 2019, 12:36:58 PM

Quote from: faceoff97 on March 07, 2019, 12:23:50 PM

Quote from: omonuyak on March 03, 2019, 12:00:01 PM

Trading is like a game and a very risky one as such you really need to be able to analyze the market before you make good profits from it. If you are not ready to learn and develop your skills, you will not be able to succeed in trading.

Since I'm not good at trading I much prefer to just buy and hold. Trading demands alot of time and effort, this has to be done with wise assumptions. This is why I just buy as much as I can afford just hold them in secure wallet. Since I prefer multiple kind of coins, I choose to have a Hodler which is multi open source wallet that provides full control of the private key making sure that I'm alone has taking over the assets.

That is why sometimes i don't trade with uncertainty on my mind cause sometimes it really affects your trading style. Holding takes time tp get a profit, but at least it has a sure income however you'll not get the experience you need to be a pro trader.

It's a lot better to hold, the only people is the sudden change in price but it actually regain it's high price again. Just hold for longer period of time and not have them in an exchange but in a secure wallet like hardware wallet or open source wallet. I found Hodler wallet and this is good version of multiwallet, they also have hardware version of it.

markdario112616

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Quote from: djselery on March 07, 2019, 01:21:19 PM

Trading without a good knowledge about this field is very risky.

I'd rather say, Trading in General.

TBH, I have minimal knowledge about Crypts or simply at Bitcoin, though I have an experience in handling stocks. I'd say it's risky if you didn't have an idea about trading at all. Since the basics of Bitcoin can easily be understood if and only if the person is really eager to learn.

Though, Trading in general is risky at any aspect. But I'd agree, try to avoid engaging such activities without proper knowledge. I'd suggest that before anything else make sure that an action is always accompanied by information and knowledge, nonetheless, expect the worst.

Finestream

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Quote from: djselery on March 07, 2019, 01:21:19 PM

Trading without a good knowledge about this field is very risky. But you have to start at some point to get the experience required for the coming trades. My advice for novices with crypto trading is that they start reading and getting more knowledge first, and start their first trades with small amounts just to get some experience.

Right.It would be like gambling if you start trading without full understanding about this matter.You should know the basics first and make a deep research on trading so you will be able to generate profits and not maximize losses when you're in the real field of trading.And as much as possible,trade first with a small amount and as you make profits with it,that's the time to increase your trading capital.

timmydakolo2

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Quote from: djselery on March 07, 2019, 01:21:19 PM

Trading without a good knowledge about this field is very risky. But you have to start at some point to get the experience required for the coming trades. My advice for novices with crypto trading is that they start reading and getting more knowledge first, and start their first trades with small amounts just to get some experience.

At my start what I did was some good practices so I can understand better I didn't jump into trading with my main capitals what I did was I took 5% of my funds and practice as I attend some lectures online.

timmydakolo2

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

Not every newbies even want to listen to this at later end they will rekt out and cry out for losses, trading should be at the sense of full understanding and also get to master the market movement.

BitcoinTurk

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

It is very risky to trade and make new investments in these market conditions. These investments are in fact the same level as gambling and the risk factor is high with the same proportion. If we need to comment on today's market conditions, there are only two clear possibilities under these conditions. The investor will either suffer a serious loss or have a very serious profit margin. There is no loss with low profit margin or low loss margin compared to market conditions a year ago.

djselery

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Trading without a good knowledge about this field is very risky. But you have to start at some point to get the experience required for the coming trades. My advice for novices with crypto trading is that they start reading and getting more knowledge first, and start their first trades with small amounts just to get some experience.

Fredomago

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Quote from: monineklutak on March 03, 2019, 04:23:34 PM

surviving by continually improving analytical skills, and even doing a lot of research on the losses experienced, trust comes after being busy by looking at a continuous analysis chart. Trading is not as easy as it seems, but from here we must try most uncomfortable in pursuing profits and continue to learn the basics of the market.

Yeah there's nothing called easy from this field, you just need to move forward and always learned from any results from your previous trades, keep learning as the market always change paces so you have to always be ready adopting such trend to survive as there's a lots of people who already loses their money from this field.

CarnagexD

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Leading Crypto Sports Betting & Casino Platform

Quote from: faceoff97 on March 07, 2019, 12:23:50 PM

Quote from: omonuyak on March 03, 2019, 12:00:01 PM

Trading is like a game and a very risky one as such you really need to be able to analyze the market before you make good profits from it. If you are not ready to learn and develop your skills, you will not be able to succeed in trading.

Since I'm not good at trading I much prefer to just buy and hold. Trading demands alot of time and effort, this has to be done with wise assumptions. This is why I just buy as much as I can afford just hold them in secure wallet. Since I prefer multiple kind of coins, I choose to have a Hodler which is multi open source wallet that provides full control of the private key making sure that I'm alone has taking over the assets.

That is why sometimes i don't trade with uncertainty on my mind cause sometimes it really affects your trading style. Holding takes time tp get a profit, but at least it has a sure income however you'll not get the experience you need to be a pro trader.

faceoff97

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Quote from: omonuyak on March 03, 2019, 12:00:01 PM

Trading is like a game and a very risky one as such you really need to be able to analyze the market before you make good profits from it. If you are not ready to learn and develop your skills, you will not be able to succeed in trading.

Since I'm not good at trading I much prefer to just buy and hold in my Hodler wallet. Less effort but my funds are well kept with great security and no one has control over it. Trading demand lot of time and effort, this has to be done with wise assumptions. This is why I just buy as much as I can afford just hold them in secure wallet. Since I prefer multiple kind of coins, I choose to have a Hodler which is multi open source wallet that provides full control of the private key making sure that I'm alone has taking over the assets.

monineklutak

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surviving by continually improving analytical skills, and even doing a lot of research on the losses experienced, trust comes after being busy by looking at a continuous analysis chart. Trading is not as easy as it seems, but from here we must try most uncomfortable in pursuing profits and continue to learn the basics of the market.

omonuyak

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Trading is like a game and a very risky one as such you really need to be able to analyze the market before you make good profits from it. If you are not ready to learn and develop your skills, you will not be able to succeed in trading.

blackhawkeye1912

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Quote from: Coinifyx on November 07, 2018, 08:13:57 AM

Really it will become just like gambling, addictive and manipulative, it's very much like poker only if you are an expert you can accomplish something

This is also a remind for myself, sometime I would like to trade again but I remember the bad experiences I had with it and stop

As long as you know what you are doing you can go trade anytime you want. Just don't be greedy, that's the no.1 rules so in the end your result would be good. And always apply positive thinking whatever happen in the market platform whether it is bad or good.

shesheboy

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I keep seeing the phrase " experience is the best teacher " i somehow agree on it . so what if you fall and make mistake? More important is you learn from your bad experience because that is only way to improve yourself . pro and veteran traders do always start at newbies , they dont also know what they are doing when they first enter the trading scene . so thats it @op we all can prove you wrong .

Clark05

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Trading is not requirments you can learn while you in trading by keeping research and I suggest to everyone who wants to trade just better to learn some before start. But for me when I started trading my knowledge is not enough and I do learned more when I started trading. Better to sure of what you are doing to avoid mistake because possible can cause to you lose money if you purchase a wrong coin.

Topic: Avoid trading unless you are sure of what you do - page 6. (Read 23276 times)