I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
My answer is yes, depends on how you build your strategy along your way through your experience and skills. You must start on how you would be building up your own portfolio by using your researching skills and adding it with technical analysis. And lessons along your trading journey will be learned through experiences which will really help you a lot to grow and improve in trading. 
Topic: Bitcoin Trading! - page 12. (Read 1505 times)
I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
both are needed in bitcoin trading. but more important is a skill. because in bitcoin trading we have to know the opportunity to price up or down. and it all requires skill
OP buy and sell that's trading here in crypto so there's no need to be skills or something like that,you can lose when the coin drop then you sell it,you can earn when you hold it then sell in high price so that's the cycle of trading.You must understand that situation here are win or lose and you can handle that if ever not well happen so invest the money that you can afford to lose another thing the chance for profit in trading here is so big like in btc btc,eth,xrb and xrp that i hold since i start here in crypto and it's really high now atleast 7x. since july 2017.
I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
the first approach that you must have is the study of the functioning of cryptocurrencies.
Before investing and trading on any market I think that good knowledge is needed.
On the forum you can follow the advice of the most experienced users.
Initially you can try with small amounts and if you get gains increase them.
I agree on his statement, but that's not the only one that affects the success of trading. It is the luck factor that affects success. Although you have been experienced and skilled, but without the support of luck factors, it may not be successful in trading.
I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
the first approach that you must have is the study of the functioning of cryptocurrencies.
Before investing and trading on any market I think that good knowledge is needed.
On the forum you can follow the advice of the most experienced users.
Initially you can try with small amounts and if you get gains increase them.
I think experience and skill is required to be successful in bitcoin trading. Firstly,One of the best ways to get started is to get a trading job as an intern in a company as a trader. This just to learn from among the company employees. The skills required to trade in bitcoin can also be learnt through raeding, research, or better attend school to get the best in trading skills especially evaluating charts and understanding the market trends.
It depends on both for me, if you don't have the experience you might face some problems with predicting the prices in the market and if you don't have the skills on trading you might face some problems with technicality issues like sending on a different address or there's a chance you might open a phishing sites.
If you are new to trading, you should learn more about trading knowledge in this forum. Then invest in high-security crypto in the top 10 such as Bitcoin, Ethereum, Litecoin, Ripple, etc. These cryptos will keep you profitable instead of investing in very high-risk ICOs but will be able to offset the profitability of x10, x20.
You have made very important questions,In the case of trading, it is necessary to keep in mind the importance of three things.Before that you say something simple.> Trading is a lot of work,Trading is addiction,Trading gambling game< Yes it's true! Analyze these topics and write a lot of them,So I advise you something, buy Bottom,sell top ! Buy bottom,sell Top ! And keep four things in mind
1. Never chase after gains
2. Never invest in coins that you do not understand
3. Do not trade to get rich. Trade to build wealth
4. Sometimes selling is the easiest way to make money
Happy trading......
1. Never chase after gains
2. Never invest in coins that you do not understand
3. Do not trade to get rich. Trade to build wealth
4. Sometimes selling is the easiest way to make money
Happy trading...... Trading is one among the high yielding source of cryptocurrency. The same has got high risk along with it, because no one knows when the market grows and drops low in value. More the accuracy in the growth of the assets on which we had invested, more will be the profiting. In this regard bitcoin trading is completely an good way of earning.
It is an skill which requires lot of knowledge of the market and also a technical knowledge to understand the graphs, charts and the market movement. If you become expert in this than it will be easy for you judge the upswing and downswing when it happens and you can make a trade accordingly and enjoy profits.
I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
Actually if you are new, then obviously need experience and skills both. Bitcoin trading is not that easy nor hard if you have proper skills but you will surely need a lot of experience for trading with bitcoins are the price of bitcoins is not that low and if you want high profits then you will need a huge investment too.I would prefer you to try paper trading first and then move on to trading with your funds. Paper trading will help you to gain interest in trading and once you learn to understand dips then surely you can make good profits by buying at low and selling once high.
Technique is a very big thing in every part of work. Beside technique you have to have vast experience about Bitcoin and others coin. If you know from first to last of a coin you can create technique to get profit from it. When technique and knowledge will in same path you must be a gainer.
Skill and knowledge will be gained from the experience that we do continuously. I agree with you that this can indeed improve the results we can get from Trading. Most people who fail are those who do not have the skills and knowledge that qualified. So do not stop to try if we suffer losses because then we will be able to get the knowledge that is very important to be able to improve the skills and techniques that we have. Everything will go well if we can take advantage of all conditions, learn all the science about Trading and then we will be able to feel the results. 
Because of the volatility of cryptocurrency, you can make stupendous profits or losses in a split second.
However you need to adopt a trading strategy. DO not be greedy. Set a goal. As soon as you achieve it, cash out your capital, keep your profit, smile to the bank and reinvest.
However you need to adopt a trading strategy. DO not be greedy. Set a goal. As soon as you achieve it, cash out your capital, keep your profit, smile to the bank and reinvest.
oh, you have a great and very smart idea and strategy. I will surely follow that. If I will invest in bitcoin I should get back my capital and leave my interest as a new investment.
Technique is a very big thing in every part of work. Beside technique you have to have vast experience about Bitcoin and others coin. If you know from first to last of a coin you can create technique to get profit from it. When technique and knowledge will in same path you must be a gainer.
It's not only about the skills or experience. You also have to put some time into it every day if you wanna make something very profitable out of it. I'd recommend monitor all kinds of platforms with the news.. I like CoinJournal, the Merkle, CoinIdol, but my fav is Cointelegraph. Also recently I found their youtube channel, there's not only news, but also some things about cryptocurrencies are explained so for a beginner this channel would be pretty useful.
Trading is one among the high yielding source of cryptocurrency. The same has got high risk along with it, because no one knows when the market grows and drops low in value. More the accuracy in the growth of the assets on which we had invested, more will be the profiting. In this regard bitcoin trading is completely an good way of earning.
It is an skill which requires lot of knowledge of the market and also a technical knowledge to understand the graphs, charts and the market movement. If you become expert in this than it will be easy for you judge the upswing and downswing when it happens and you can make a trade accordingly and enjoy profits.
I am also a newbie. hoping we will succeed in this endeavor!
For the ones who are new to this world of bitcoin and those who are interested in bitcoin trading, the thing which you need to do firstly is to get as much knowledge related to that of bitcoin as well as trading techniques as you can. This will for sure help you out in making some good decisions at tough times and you will be able to make out some good money out of that by doing so.
Much better if you have skill for trading that is your advantage but this is not required, you only need is time and effort for searching and reading the white paper of coins because it will be your basis whether you buy that coin or not, also you need to know if the coin is good to hold or for short term trading only. And of course your profit will based on the amount of your capital.
I am a beginner in the field of bitcoin trading, want to know whether success in trading depends more on experience or on skills.
Skills are acquired so you will have the skills to trade if you have the experience. You can read all the articles, guides, books or watch videos about trading but doing it by yourself makes it a whole of difference. You will get to experience how to control your emotioms during trading because it is one of the key for you to become successful. Technical analysis, fundamental analysis and trading psychology are the key and you can be good by these three areas only by experience since you would be good in research, you would know what indicators to look at and then you would have a grasp of how crypto market works.
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