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Topic: Can newbie become rich with trading - page 10. (Read 1941 times)

full member
Activity: 486
Merit: 100
DAEFROM.com
April 21, 2022, 06:20:17 PM
#71
Beginners can get rich with Bitcoin, the key is that they must be consistent with what they are doing. Don't get bored and give up with crypto. Because in many previous cases, beginners withdrew from cryptocurrency because they claimed they couldn't deal with a volatile market, they had to be patient. and mentally strong to face all the possibilities that could suddenly happen. Moreover, most of the geeks will usually experience failure at the beginning which we can call the initial warm-up to the real trade.
sr. member
Activity: 1428
Merit: 436
duelbits.com
April 21, 2022, 06:05:31 PM
#70
It is undeniable that what we expect from trading is profit but we cannot have high expectations to make big profits in a short time, especially for a beginner. all of that requires a process where skills and experience in trading greatly affect future trading. if you want to start trading, make sure that the capital we spend is in accordance with the budget and start seeing and understanding the crypto market. in the world of trading, there is a name for profit and also a failure that it can be found at any time and we as traders must be able to accept it. Make it a lesson in the future to be better at trading.
sr. member
Activity: 1008
Merit: 371
April 21, 2022, 03:13:00 PM
#69
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
The average trader who has made a profit will find it very difficult to explain to novice traders how they think and trade because what they think is the result of their years of experience in trading. you must be able to find the best way for yourself so that you can always profit when trading.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 21, 2022, 02:01:47 PM
#68
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

Not every beginner becomes a successful trader, despite the fact that everyone makes efforts to gain theoretical knowledge first, and then practical knowledge. But some newbie try to start trading without having basic knowledge, and in such cases it is like a casino that leads to the loss of money.
sr. member
Activity: 2324
Merit: 454
April 21, 2022, 08:44:16 AM
#67
Yes, definitely, but of course not instantly.

Trading is a high risk high reward kind of earning money. Your chances of getting rich in trading entirely depends on your level of knowledge and how patient are you to study a lot of things you should know in order to attain the level of professional traders to earn big money after years of trading. It's normal to lose your money, it's normal to be frustrated, but the most important is you don't have to give up easily if you really wanted trading to be your great source of income.
hero member
Activity: 826
Merit: 583
Bons.io Telegram Casino
April 21, 2022, 08:25:00 AM
#66

However, as you can see, we begin as newbies and must learn and gain some knowledge in order to earn money. You can still be referred to as a newbie when you are first starting out in the market, but as you gain more experience, your level will rise. You can earn more money by increasing your level. When it comes to newbies with zero knowledge, you can make money, but when it comes to newbies with knowledge and who are ready to start their first trade, that is when you have the best chance of making money.
more precisely a newbie with preparation who can benefit from trading or investment. I think there is very little chance that a newbie with 0 knowledge and experience can get their first profit in trading.
Crypto trading requires sufficient skills and knowledge to be able to make a profit. newbies usually just come along to buy assets and hold them. wait for the pump moment and sell it. a simple technique that can be done, but for trading, of course, newbies have to increase their level first to be able to get a decent profit.
hero member
Activity: 2352
Merit: 593
April 21, 2022, 08:18:35 AM
#65
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

Actually no because as being a newbie you don't know what you are doing in the market and how could you became rich if you have zero knowledge upon dealing with volatility for sure the real scenario there is you get broke first or maybe many times before you will come up with that status because every defeat on trading you will learn something that you may apply on your trade so be consistent trader if you want to be rich on trading.

However, as you can see, we begin as newbies and must learn and gain some knowledge in order to earn money. You can still be referred to as a newbie when you are first starting out in the market, but as you gain more experience, your level will rise. You can earn more money by increasing your level. When it comes to newbies with zero knowledge, you can make money, but when it comes to newbies with knowledge and who are ready to start their first trade, that is when you have the best chance of making money.
full member
Activity: 2268
Merit: 121
#SWGT PRE-SALE IS LIVE
April 21, 2022, 08:10:03 AM
#64
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
not for new people or for people who have often done it, still always pay attention to something with an analysis that can indeed be used as a reference in every trade that will be made.
to trade, one of them is to consider the factors that affect market trends. so when more people buy a certain product, the price usually goes up, when more people sell than buy, the price tends to go down, so we can immediately start doing what we think is best.

which is no less important, the mistake that most people make when trading crypto is to give up quickly when they feel a loss. This happens a lot among beginners and also does not rule out even the experienced ones. When they experience a loss, their emotional level will be greatly affected, so always putting things like this aside is a must.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
April 21, 2022, 07:43:26 AM
#63
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.

Actually no because as being a newbie you don't know what you are doing in the market and how could you became rich if you have zero knowledge upon dealing with volatility for sure the real scenario there is you get broke first or maybe many times before you will come up with that status because every defeat on trading you will learn something that you may apply on your trade so be consistent trader if you want to be rich on trading.
hero member
Activity: 1904
Merit: 540
Leading Crypto Sports Betting & Casino Platform
April 21, 2022, 07:14:05 AM
#62
You can become rich through trading, just give it your all. But, it’s not easy, know if what you’re about getting into is something that works for you. I have friends that have tried to be traders and after they have given it a try and seen that it is not something that would work out for then they have decided that it is not meant for them since it is not working for them.

Some of them have also continued because they see the possibility. And the answer is a yes, people can make money by trading cryptocurrency but it may not become possible if you are not ready to continuously learn new things.
legendary
Activity: 1638
Merit: 1156
April 21, 2022, 04:33:09 AM
#61
When you're still think trading is a game and moreover you're a newbie, I'm pretty sure you wouldn't become rich with trading. Trading is hard, you need have experience and have good enough analysis, which mostly doesn't have on a newbie. When a newbie want to start trading, it doesn't mean he will always loss because trading also need luck and you might lucky the market on your side. Keep in mind, I'm not a professional trader... but when the first time I've started trading, this is what I learnt so far.
legendary
Activity: 2688
Merit: 1004
Sugars.zone | DatingFi - Earn for Posting
April 21, 2022, 04:24:00 AM
#60
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
keep studying. there is no instant way for it. many people think that trading is a shortcut to make someone rich. in fact, if you are not prepared for it, it can cost you money. Because of that, you have to keep learning. even people who have been trading for a long time cannot guarantee continuous profits. because of this, what needs to be done is to learn continuously, because market behavior is always changing.
legendary
Activity: 2086
Merit: 1058
April 21, 2022, 02:53:33 AM
#59
It is more difficult for a beginner, of course, but in general - the scenario is quite possible. It all depends on the approach to work and the desire of the trader.
What work are you talking about, is it to work to build a trading skills or work to persist trading even if the trade is not going in your favor, most newbies are stock between the decision to either continue trading or quiet if their losing merging is greater than profits.
In a situation whereby your trading is not working out, you shouldn’t just keep persisting, you should as well make sure that you are looking for solution. When it is not working you should look for the solution and know the areas you are making a mistake and try to solve those mistakes you believe you are making And see how good you would get after that.

So, you don’t just keep persisting when you are not really looking for a solution to the problem, with the believe that things are just going to workout due to the fact that you keep on persisting. And sometimes it’s best for you to just look for something else. Trading isn’t really something that everyone must do, yes it is a really good thing if you can do it, for the fact that you’ll be making a good amount of money from it, but it is still not a must that you would do it. There are still other things you can do which will fetch you income as good as that.
full member
Activity: 1048
Merit: 102
April 21, 2022, 02:52:09 AM
#58
Yes, A newbie "can" become rich through trading or even be more successful than experienced traders, but that factor at play in most cases could be due to what I call luck. You could make your first trade with the right asset at the right time, and then you hit a jackpot more than someone who has traded for 5 years, but the question is are you willing to rely on luck?

Certainly not because luck is unreliable. It's like gambling. I would rather learn and perfect my strategy over time.
Yes, of course you are right. Trading is like a complete gaming system. There are a lot of newbie traders who can't analyze well, but at the same time bring huge profits from the trading platform.Where experienced traders cannot bring. So I would say that if you are lucky then you are more likely to be a newbie to the trading platform.

But don't  rely on luck if you are already here long time.
It takes experience, skills or hard work before you will see the fruits of your labor.
Luck is in play if you are mostly investing in alts or meme coins/tokens or other hyped-up projects.
But if you will stick to top alts, knowledge and other know-how will play great role in your trading results.
Relying on luck alone will not make us get the profit we want besides investing in meme coins or hype projects is quite risky,
maybe it's better to prioritize to improve our knowledge and skills to support in trading or investing,
but again it all depends on each person's decision
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
April 21, 2022, 02:13:13 AM
#57
Generally we come to crypto platform with having wrong idea that how can I get rich with in shortest time. This is the expression of greediness. This thought  ultimately destroy your dream before entering the platform. So very beginning in crypto life I would like to suggest you to join crypto platform and start to lean. If you are to be a good learner then you will also be good earner. You have to set your mind that approximately two years you cannot earn anything form the platform accept learning. Just remember that trading is not only a investment platform here your experience work in the same way for to get success.
member
Activity: 742
Merit: 12
Global peace initiative
April 20, 2022, 08:33:16 PM
#56
It is more difficult for a beginner, of course, but in general - the scenario is quite possible. It all depends on the approach to work and the desire of the trader.
What work are you talking about, is it to work to build a trading skills or work to persist trading even if the trade is not going in your favor, most newbies are stock between the decision to either continue trading or quiet if their losing merging is greater than profits.
hero member
Activity: 2716
Merit: 588
April 20, 2022, 07:53:24 PM
#55
Yes, A newbie "can" become rich through trading or even be more successful than experienced traders, but that factor at play in most cases could be due to what I call luck. You could make your first trade with the right asset at the right time, and then you hit a jackpot more than someone who has traded for 5 years, but the question is are you willing to rely on luck?

Certainly not because luck is unreliable. It's like gambling. I would rather learn and perfect my strategy over time.
Yes, of course you are right. Trading is like a complete gaming system. There are a lot of newbie traders who can't analyze well, but at the same time bring huge profits from the trading platform.Where experienced traders cannot bring. So I would say that if you are lucky then you are more likely to be a newbie to the trading platform.

But don't  rely on luck if you are already here long time.
It takes experience, skills or hard work before you will see the fruits of your labor.
Luck is in play if you are mostly investing in alts or meme coins/tokens or other hyped-up projects.
But if you will stick to top alts, knowledge and other know-how will play great role in your trading results.
hero member
Activity: 2702
Merit: 517
April 20, 2022, 07:26:40 PM
#54
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
You could definitely have that kind of possibility on making yourself rich but it would vary on different factors or circumstances.

1. How well you do trade
2. How much would be your capital
3. Sustain
4. Emotion/Capital management

Dont rush up on doing things because this would result into mistake.
In addition to this list,
 * We have to know our limitation
And OP must understand that trading is not the fastest way to earn money and make us rich. But yes, It was very certain to make a profit in trading if we are also willing to learn and follow advice from others. As the way we think positively and focus on our trading plan, it is too possible we able to reach our goal and become rich, but of course, just it takes time.
legendary
Activity: 1176
Merit: 1056
April 20, 2022, 06:45:51 PM
#53
Yes, A newbie "can" become rich through trading or even be more successful than experienced traders, but that factor at play in most cases could be due to what I call luck. You could make your first trade with the right asset at the right time, and then you hit a jackpot more than someone who has traded for 5 years, but the question is are you willing to rely on luck?

Certainly not because luck is unreliable. It's like gambling. I would rather learn and perfect my strategy over time.
Yes, of course you are right. Trading is like a complete gaming system. There are a lot of newbie traders who can't analyze well, but at the same time bring huge profits from the trading platform.Where experienced traders cannot bring. So I would say that if you are lucky then you are more likely to be a newbie to the trading platform.
hero member
Activity: 2898
Merit: 612
April 20, 2022, 06:18:12 PM
#52
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
Learn the basics in trading first. Once you gained good knowledge and is ready to experience in real trading, that will be the start of developing your own skill and enhance your strategies that will work on you. Do not expect for instant profits if you are still new to trading, that is very impossible to happen. While some newbies have their own beginner's luck, but in most cases, newbies are still prone to losses. Being rich will only be achieved once they perfect their skill but that will take a lot of years of experience.
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