Topic: Bitcoin Earnings - page 5. (Read 1946 times)

The forum can't teach you about trading but it can teach you about investing in Bitcoin and that can be done by buying and holding Bitcoin. If you want to learn about trading, you have to go do that outside the forum. We have some youtube channels that teach trading for free or website that has a good reputation on teaching about trading without extorting their viewer for money without teaching them how to trade properly. Individual on the forum only share trading tips and strategy.

The main aim of the forum is to help members Invest in Bitcoin and teach them how to secure their Bitcoin investment by using a non custodial wallet and not trading. If any individual is having difficulties in trading then he should go back to rethink about the strategy that he's using to trade and try something new.

Since you are a newbie and you want to earn bitcoins, you should always research the cryptomarket with your best. It is very important to have maximum knowledge about crypto market to earn bitcoins. Because the cryptocurrency market is very volatile, if you don't trade at the right time, you will lose your entire money, and if you have knowledge about the crypto market, you can trade at the right time. Remember trading is very risky. A small mistake in trading can make you lose everything. So you need to think carefully and do a lot of research before trading. So before trading consult a professional and skilled trader privately and do your own research and trade. Then you will be able to earn bitcoins.

First read about Bitcoin, trading, crypto currency, and CEX and DEX; you need to know and understand them first before you try trading. This, in my opinion, is the best way to start here in the Bitcoi business world. To be honest, it's not easy to understand Bitcoin, and if you do, you must have a passion for it. Because without it, you won't be sure to last here.

I am able to last in this business industry because of my passion, which I combined with dedication, determination, and perseverance. And as I studied and learned, I discovered that I was gradually gaining an understanding of what I had entered.

"......permissonless currency...."

Sometimes, when i come across btc grammatical expression  like the one indicated above, it will look like i'm new into deep currency but, i'm not. It's just a mere perception from a different angles.

Regards

Having a thought of a business to get into because you have come across prosperous testimonials out of it is a different thing from what is involved (inside) in other to be successful.
It is a good one of you having the thought of getting into business but inside of you, how are you ready to face and beat the challenges of it because Bitcoin investment is not a magical source of finance despite it's potentialities of financial explorations possibilities.
My dear, don't get discouraged on your decision on investing on Bitcoin but you must be aware that it doesn't point at enriching you over night over a matter of seconds, minutes or hours as gambling and the casino you seems addicted about but it demands your patient to hover over the market trading as longer time maybe demanded.

First approach as a BTC beginner is to invest your time in  to obtain >>>
* Passionate development on BTC
* Basic studies on what BTC is all about
* Know about the logics and risks involved
* Knowledge about data transmission across  BTC networking (block chain) for coins safeness
*Trading time factors.
* Lookout to readable and virtual learning schemes on the internet and physical illustrations if possible and also as demo.
* After researches made, confirm your research on different research links for authentication.

After that you can think of investing your capital on the BTC trading. Hence this doesn't necessarily requires you an advanced skills other than your ability to hold a period of time as may be demanded probably a long a short, long and longer time with the goal to make patient of its market increase in value to make it lucratively.


Warning >>>
You must have to invest a sum of capital you can tolerate to loose if eventually because such is a business mindset required as an Investor so you don't get weigh down with the fear of starting up again and in due time you can advance to top your capital.

Advice>>>
Since you sounds like there is no source of income of you other than gambling and the casino, you must learn to let go those gambling addictions as the risk of your investment has you much lot of heartache already with the potentials of financial explorations.
And... Do not forget to diversify your invest when you think you have more capitals for another source of finance.

Keep to your courage and stay positively reliable on your dream BTC

Welcome to the bitcointalk forum friends.
If you want to trade, what you need to know first is that trading is not something that is easy for beginners to understand because the method is so complicated. You have to learn the basics of Bitcoin first, you can learn using this forum or you can learn from outside this forum. If you are still a beginner, the most basic thing you have to understand and understand is how bitcoin works, how to get it and most importantly how to store bitcoin safely.

Before you decide to invest in Bitcoin, you must also study and understand the risks. Don't push yourself too hard, investing in Bitcoin will make you get rich quickly, this is the case with playing casinos, if you invest by gambling to get rich quickly, you will end up losing money. The most important thing for beginners is that Bitcoin investment is considered more suitable because it has a large market capitalization and is more established.

Even though it fluctuates, the regulatory framework is clearer than gambling in casinos. Moreover, Bitcoin is the most liquid crypto asset, so it is easy to buy and sell. Everything still has to be set limits, don't let you invest more than your own abilities.

Seriously, I just don't get what's wrong with this forum members. The OP said he wants to be a trader, and the least we could do is guide him on how to become, but some people has chosen to discourage him by telling him that trading is not meant because he's a newbie.

@ op, there's always a beginning step for everything, it doesn't matter if you're a newbie or not, you can become a trader. You just have to take your time and learn. There are courses you can do on technical and fundamental analysis, and also gain general knowledge of trading, these will help you to become a trader. Don't get discouraged by people telling you that you can't do it, ignore them. As long as you put in the work, you will learn and become as good as those top traders. Nobody was born a professional trader, we all were once a newbie.

Good luck.

It's good that you decided to quit gambling and casino, it's all a loss of money.
If you have some money, you can buy Bitcoin and start trading, and if you do not have experience in trading, you can buy Bitcoin and Holding until the price rises.

As I understand from this topic, the discussion is not only about making money from investing and trading. It is gaining more and more popularity around the world when people receive cryptocurrency for their work. That's what we're talking about. Would you dare to take such a step? I'm interested to know about this.
Personally, it makes absolutely no difference to me, since Bitcoin and other coins and tokens can be easily exchanged through exchangers for any fiat currency.

Maybe this is a good way ti start, but how should a beginner transfer from just holding and waiting to actual trading? Just holding won't teach him how to deal with market fluctuations, he won`t know what to do with his deposit when price is going up o down, he won't know if it is a good time to fix the position or would it be better to wait a little longer in order to make more profit. Holding is a good thing, but when it comes to trading, we should not forget that a beginner will not always be a beginner. At some point he will have to do a step further.

Did you read all of my post there? Take note that i am not even in the position to tell op what to do, but to give my own 2 cents, when newbies talk about trading, they usually do not understand it, but they only want to make money because they believe trading is an 'easy' way to make money, it is safer for the newbie if you tell them not to trade, but rather to learn about BTC.

How can someone who doesn't even understand the basics about BTC in itself start studying about trading, does it make any sense to you; like i said i am not the one to tell you or op what to do, so each to their own.

If you are hard working you will get good from this forum. Here you don't have to do physical work but here you will need mental work. You are a new member of the forum, as a new member of the forum first you need to know the general rules of the forum. After knowing the general rules in the forum, you will try to know the next things. If you want to trade you should spend more time in the trading section of this forum and try to get different ideas about trading from the regular actives there as well as you should have regular actives in other sections of the forum. Apart from having a regular presence in the forum, if you can try to learn something from outside the forum, it will be more positive for you. If you spend time behind trading like this then hopefully you will be a good trader in future.

No one has ever lost money by taking a profit, even if it is a small profit, but it will be better than holding the position and ultimately waiting for losses. For a beginner, the best thing would be to start by buying Bitcoin, without trying to trade it, let it be a hold, this will be a guarantee that he will not lose what he has. Bitcoin will make a profit when it grows in price, but for a beginner it is better to exclude at the very beginning any attempts to increase the number of satoshis through trading or other dubious methods.

I don't see anything wrong with you learning how to trade, but as a beginner, my advice to you would be to not rush through any of your actions. I would also like you to learn a lot about bitcoin and how to invest in it because, of everything you mentioned to learn, I would choose to learn how to invest in bitcoin because it is the most functional investment that many young people make today in order to benefit from it later. What I'm trying to convey is that learning more about bitcoin and starting to invest your money will be easier for you than doing other things, but you need first be aware of the danger involved.

Every investment carries risk, and trading is no different. The risk with bitcoin is the price because it typically changes, and when it does, you may want to sell your coin at that time even though the price isn't worth what you paid for it. Another risk with online trading is scams. These days, people primarily use the internet to defraud others and steal from them what they have worked so hard to earn.

My point is not that not all experienced traders are successful, but that all experienced traders may have different success rates. My main point was that even an experienced trader can make mistakes, even an experienced trader can lose. Not every trade by an experienced trader is necessarily successful. Making consistent profits is not that easy. The success of any successful trader can be measured by his successful trading. If someone makes 10 trades in a day and seven of his trades are successful and he loses in three, then we can call him a successful trader.

The difference between an experienced and a new trader is that an experienced trader can control their losses immediately while newbies can take more losses than controlling losses. Market volatility can also go against our estimation. We have to trade with the trend. This is a lesson for newbies to never assume that they will always make a profit in every trade after gaining experience.

I don't totally agree with you saying here is not agree a good place to learn trading, I know their are some members that their opinion might not make sense but their are still members who are here to correct wring opinions of people who do not have good ideas. The forum is a place that has helped a lot of people in investment and trading, though one might not learn everything about trading here but their are still some basic things one can learn about trading and investing here. The main aim of the forum is to help members put them through in trading if having difficulties.

For me, that's not the best way to tell a newbie not to start. Were you not once a newbie like OP? Is like op asking "Hey show me where I could start in learning how to trade. And you be like, Nah.. Trading ain't for you bruh!"

Common, there are books and even some exchanges that teach new traders an easy step into crypto. At least OP can start by understanding spot trading before thinking of futures. Again, how to DCA. Some easy steps before thinking of getting advanced

Traders often find themselves on contradictory positions and they need to learn how to deal with them, now even if they thought the movement of the market was not aligned with the reality, should they still sell even if deep down they know they can still obtain more profits if they hold a little bit longer? We know the markets can be completely irrational but what matters is if you can take advantage of them, so even if getting out early makes sense, it makes even more sense to not sell and obtain all the profits that you can.

I think that a good trader is one who feels when a boom is becoming unjustified and not worth it. For example, it will prevent the loss of a significant part of the deposit or getting stuck in a position and not being able to get out of it due to the realisation of large losses. He will also be able to determine for himself the range of earnings for a certain period of time and stay within it, making plans. Yes, no trader can predict the situation in the market, but a good trader can predict the situation in which he will find himself in the market.

We should try to establish a valid point here, not all experienced traders are successful but it's all successful traders that are experienced. This is why what you wrote is kinda of too general and could mislead. If the experience is in such a way that the trader is good in what he does and is successful, then it's worth emulation. All traders might not be successful, that's is not the issue, but the issue is whether or not the person is having consistent profit over a period of time. The market is too dynamic, and for this, no one can perfectly predict anything, which is why traders lose at times even with the best trading systems and plans.

But a good trader will have more winning than losing, and even with the right money and risk management, the odd would beat better to the side of the trader for more successful earning and account preservation.