Topic: Can newbie become rich with trading - page 12. (Read 1941 times)
Newbies need to learn first then maybe can be rich with trading, newbie needs to learn about market support and resistance level and this can be learned from YouTube video guides available on Youtube and also available articles on websites, so first need to learn then can be rich if follow the trading techniques but without learning can be rich.
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.
Becoming rich as newbie could be base on luck not certainty, meaning as a new person coming to trading can be futunate enough to buying into project that can make you millions within a shot period of time you got into crypto.
Example could be seen on Shiba Inu, a lot of new people that dive into trading Shiba Inu got rich as at the time the coin saw its dramatic increase in price.
Then for manual thee is no such, DYOR.
You can't just jump into trading as a newbie if you don't have any prior knowledge or experience with the notion of trading, such as marketing analysis. Because trading is a risky business, you could make money or lose it. When you're trading for the first time, good luck may come your way, and you'll have a better chance of succeeding.
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.
It seems that the opportunity for a newbie to become rich by trading is very small, because trading is not something easy. Because the newbie
does not have enough knowledge about the crypto world, and also the newbie is not experienced in trading. Therefore, the possibility of
a newbie experiencing losses when trading is very large, that's why crypto trading has a very high risk. Even I, who have been trading crypto
for a long time, have not become rich from trading, need good skills in market analysis, and also need experience that allows us to understand
how to make big profits from trading and finally make us rich. I have a mentor who is experienced in the crypto world, he managed to get rich
from trading crypto, but to be able to achieve this there are many processes that must be passed. So getting rich from trading can't be instant,
we need to go through a long process. As long as we continue to study the crypto world well and improve our trading skills, it is possible to
become rich from trading.
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.
Honestly, No. Coming from your title itself "Newbie" which means new and new traders explore first and gaining experience and knowledge maybe there are some people who are new and invest to a coin that pumps and give them good amount of profit but that doesn't mean it is called trading and maybe he is just lucky.
Newbie can become good trader and the time varies when he will good at trading and once he is good with trading, he can definitely become rich by just trading alone.
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.
No guarantee to that. Every trader makes losses and newbies will loss more because of lack of experience. My suggestion is to continue doing your research and practicing your technical ability to read and analyse the market. Use technical analysis
trading is a profession like any other.
you can do it as a hobby but obviously you can't expect extraordinary results.
you do not base your activities on luck you must have a certain knowledge and experience that a newbie certainly does not have "by nature". Ok the luck of the beginner, but from here to get rich I see it really hard ... maybe impossible
for the 99,99% of people that will try on it...
Trading is not an easy thing to do, and definitely its certainly not a get-rich-quick scheme. And everything in trading is taught and learned with a long process. So we can never expect a newbie to become rich in trading, even if he focus trading only with bitcoin. But i do believe that crypto trading will bring fortune but most likely to those who trade with knowledge and expertise, and definitely to those who take big risks that are also capable to manage the risk. you can do it as a hobby but obviously you can't expect extraordinary results.
you do not base your activities on luck you must have a certain knowledge and experience that a newbie certainly does not have "by nature". Ok the luck of the beginner, but from here to get rich I see it really hard ... maybe impossible
for the 99,99% of people that will try on it... 
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.
Yes its really hard especially when you are a newbie. There is always a path if you really wanted to succeed. Thus, this need perserverance and ability to cope with idea and basics of trading. If you also have some patience maybe you could end up winning on trading. Many techniques have been resurface and once you grasp it then its likely possible to get rich. we know that trading is very complex and need to learn many things to survive,
both knowledge, skill and patience are important things and are definitely needed in trading
its very impossible to happen, unless if that newbie rely with copy paste trading or provide a bots because surely he can make good profits after all.
Infact most stories of some popular traders around the internet , they took approximately 4-5 years before they became a successful. So its a world record tbh if however there's a newbie that will become rich because of trading, and it's literally a bypass except what I've mentioned above.. Lol
Infact most stories of some popular traders around the internet , they took approximately 4-5 years before they became a successful. So its a world record tbh if however there's a newbie that will become rich because of trading, and it's literally a bypass except what I've mentioned above.. Lol
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.
Anyone can be a trader as long as he has a knowledge about it. But not everyone can succeed as a trader because its not easy as it seems. Even experienced traders are sometimes having a hard time to gain, so what more for a newbies?If you're really determine to succeed as a trader then you need to educate yourself and gain experience. Becoming rich is possible but it will take time so dont rush things.
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.
Yes its really hard especially when you are a newbie. There is always a path if you really wanted to succeed. Thus, this need perserverance and ability to cope with idea and basics of trading. If you also have some patience maybe you could end up winning on trading. Many techniques have been resurface and once you grasp it then its likely possible to get rich. 
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.
It takes times but eventually once you understand how it works then sure you can become rich, you can start trading with any amount but I can say that higher the capital then chances are more for you to make profits. There are different types of trading which can be learned in a lot of ways like through courses, online blogs, guides, even people teach you things so pick one which suits you.
There are no short cut in trading you know, and it also advisable to invest rather than trading. In crypto trying to become Rich over the night is very risky and you could also lose your capital. And again there isn't manual it just basics you have to read and patiently wait for the next big opportunity.
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.
Hard or not, you can answer if you deeply think about it.Question
- If all or most of traders, exclusively newbie traders, are able to earn profit or better become rich by trading, where the money come from?
- It is unrealistic to think that such money comes from older, more experienced traders.
- Newbies are more vulnerable to loses than experienced ones
- It's the zero-sum game so the money flow will be from the poor to the rich. Most of newbies are the poor and get poorer. Most of experienced traders are the rich and get richer
It is very difficult for newbie to do something profitable by trading. A newcomer comes to the marketplace and see that it thinking about 6 months to 1 year. It is very difficult to make a profit by trading newbie, al though sometimes it is seen that in many ways they are doing something very profitable, it is only working as a luck.
In the past there is an understanding among the new comers to cryptocurrency that it is an easy way to get rich. If they were asked how this gonna happen, they don't know. There is a need for proper education about the cryptocurrency market. People are well aware about cryptocurrencies, but the awareness of it as an investment, trading asset, transaction source and everything need to be taught. Someone might've got lucky to become rich in a short term investing on any of the cryptocurrency. With that one should not expect the same to happen for them.
From scratch and becoming a successful trader isn't easy for a newbie (is there someone successful in trading?). There's a lot of experience you need before you'll understand the market and there's no shortcut to it and you'll face a terrible problem when you lack knowledge and skills. The more eager you have in yourself seeking profit could become greediness which leads to becoming a victim of scams. So don't rush anything and don't think that you will quickly rich in trading, because once you are new to trading, don't expect too much in profit, sometimes we value our mistakes as an experience that we must avoid in the future.
I believe investing in the long-term will be the answer to your question but for sure not as quick as you want, however, there's no time frame when it will happen.
I believe investing in the long-term will be the answer to your question but for sure not as quick as you want, however, there's no time frame when it will happen.
how can a newbie make profit trading coins and what manual can be followed.
Newbies can trade by just buying bitcoin, holding it for a long time, and finally selling when the price considerably surpass the price you bought your coins for. That is the manual and it's called long term trading.
Anything else on short run and involving altcoins should be taken with a grain of salt. Even professionals aren't safe on this game, imagine newbies...
Change that mindset first.
Those that I know that wanted to become quickly rich, they got into scam investments and other fake schemes. Because they were rushing and doing unnecessary things to grow their money in the wrong way.
You need to take time and gain knowledge not just in trading but also in how you'll take step by step with your plans. Enjoy the process of trial and error.
Those that I know that wanted to become quickly rich, they got into scam investments and other fake schemes. Because they were rushing and doing unnecessary things to grow their money in the wrong way.
You need to take time and gain knowledge not just in trading but also in how you'll take step by step with your plans. Enjoy the process of trial and error.
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.
If you are completely a noob or zero knowledge about trading then it would be just sensible on havingthis kind of learning curve or path.
1. Study babypips.com and finish the course
2. Try some actual trades with actual balance
3. Learn from your mistake
4. Try to make some good control of emotion/ Good risk management
Dont rush up yourself on learning everything or getting rich.Mind about on how you would gonna survive.
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