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Topic: Can newbie become rich with trading - page 3. (Read 1941 times)

sr. member
Activity: 1232
Merit: 379
May 27, 2022, 12:36:54 AM
Being rich in trading does not determine whether you are a newbie or not,as long as you have the experience about trading,and you do the right things you are suppose to do,there is chances that you can become rich.But one thing I know,and you will always bare in mind as a newbie is that trading comes with risk,if you are not determine to loose,never think about trading,because you will end up being depressed as a result of loss of money.
Everybody has a chance of being rich,if he trades on a better coin that yields good result.
sr. member
Activity: 2324
Merit: 454
May 26, 2022, 11:51:12 PM
In general, a trader has every chance to get good money as a result of working in this niche. For example, I started working with a broker from AMarkets on a demo account in order to get a positive result.

What happens in your demo account will be entirely different if you're gonna use your real account, real money in trading. The pressure is on another level because you're gonna lose your money if you made a bad decision. Trading without any sufficient knowledge but you got rich in a short period of time in stock trading for example is called lucky, like you randomly bought a coin then it pumps like crazy the other day or week.
sr. member
Activity: 1414
Merit: 361
May 26, 2022, 09:33:31 PM
****
Yes newbie can, as a newbie don't ever try leverage trading, the best is to trade degen coins or just buy and hold, one thing that I've studied about crypto is that if you are in a coin early enough you are bound to reap immensely from such coin, all newbie need is the right information, get in before the hype, forget about Technical analysis, Fundamental analysis superceed it, lots of newbies made good money from Shiba inu,
leverage trading is not recommended for newbies, I see many newbies who try leverage trading but end up losing because they still lack experience. it's better to be a flexible trader, you only buy when the price goes down and sell when the price goes up, sounds easy but it's actually quite difficult because of that you have to train your emotions and trading skills.
The problem most of the time here is with the lever setting because if a trader correctly sets it to low lever then here
Liquidation will be far away from the priceless home, but there is a small profit, but there is no rickshaw here. I guess they're all going to lose him
member
Activity: 602
Merit: 11
May 26, 2022, 09:14:17 AM
It has my opinion' i think never possible for a newbie member to get quickly rich from trading session beacuse for trading you should start increasing your knowledge then you will be rich. Although there are no enough knowledge about tradin for a newbie person so how he/she could make profits! However firstly newbie can Study more about trading corporation then they will make something. I can't tell you trading easy step beacuse i was learning trading almost fours years over but i have no enough skills
I also agree with your point of view that it is almost impossible for a newbie to get rich quick in trading, because a trader is almost tantamount to the word knowledgeable and experienced. In order for a trader to be successful, one has to understand a lot of issues and nuances, which a beginner can't do because of the lack of necessary knowledge and experience. It seems to me that a newbie member should start by acquiring the qualities of a trader, and not by chasing wealth as early as possible. First focus on improving skills, and only then focus on profits. When a beginner is ready to become a full-fledged trader, then he will be able to earn his wealth.
for investing, it is possible for newbies to become rich, by choosing coins that have the potential to pump, because they are just waiting or forgetting to invest so that during the bullish season they can harvest it. It's different for trading, where luck can't come repeatedly, because they don't have good trading knowledge, because you have explained the conditions for success in trading that way. therefore the need for experience to gain trading knowledge
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
May 26, 2022, 08:15:41 AM
It has my opinion' i think never possible for a newbie member to get quickly rich from trading session beacuse for trading you should start increasing your knowledge then you will be rich. Although there are no enough knowledge about tradin for a newbie person so how he/she could make profits! However firstly newbie can Study more about trading corporation then they will make something. I can't tell you trading easy step beacuse i was learning trading almost fours years over but i have no enough skills
I also agree with your point of view that it is almost impossible for a newbie to get rich quick in trading, because a trader is almost tantamount to the word knowledgeable and experienced. In order for a trader to be successful, one has to understand a lot of issues and nuances, which a beginner can't do because of the lack of necessary knowledge and experience. It seems to me that a newbie member should start by acquiring the qualities of a trader, and not by chasing wealth as early as possible. First focus on improving skills, and only then focus on profits. When a beginner is ready to become a full-fledged trader, then he will be able to earn his wealth.
legendary
Activity: 2296
Merit: 1176
May 26, 2022, 05:52:25 AM
Another topic where a newbie need a motivational reply that he could become rich in crypto by making low effort? Indeed a newbie can become rich if he is lucky to buy altcoins at low and be on time to sell at ATH. But I dont believe that newbie has a lucky four-leaf clover and does only profitable trades. Besides, after a first trade, he is no longer a newbie, but an experienced trading platform user. Which means that for newbie to become rich, his very first trade must be extra profitable. You cant buy something few dollars nowadays, and sell it for billions. That means newbie needs to have a huge balance to trade and become rich. Those who have a lot of money for trades, can afford to hire a professional trader or an analyst. Conclusion - newbie can not become rich through trading imo.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
May 26, 2022, 02:03:03 AM
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 by trading coins and what manual can be followed.
I will not advise a newbie who has no trading experience to venture into trading because you're going to lose your hard-earned money. You can start with a Youtube video to get pre-trading knowledge, don't pay attention to anyone asking you for funds yet because you can learn few tips by yourself before going for onsite classes. Get the knowledge first before you think of making profit.
trading is indeed a difficult thing for a newbie to understand, but I think a newbie can still make some profits there. but can newbie get rich from it? In general you can but it's very difficult. You may need special skills to make money in the world of trading without much knowledge there. even, people who have been trading for a long time still often get into trouble. however, the best recommendation is simply to learn the basics of trading first. a newbie who trades without the right knowledge is just like gambling in the world of trading. you can be rich if you are lucky.
newbie
Activity: 23
Merit: 0
May 25, 2022, 05:13:49 PM
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.

For newbie, i think trading is all about learning, not making profit. it is like you driving a car.. You are still enwbie in driving, but wanna go to highway instead.. well.. you know the rest Smiley
first year of trading must be filled with learning. i.e Psychological, Risk Management, after that, go advancing to strategies and technical things..
legendary
Activity: 2618
Merit: 1181
May 25, 2022, 12:08:41 PM
There is a saying that "just get some bones in the market". It means that you just gain a profit, not big, not too small, but just enough for you. Don't be greedy because you can't get all of the money in the market. Set a target profit and after you get it, you'll stop on that day. Beginners' luck? It isn't always working in trading because it isn't a gamble that you are relying on luck. You need to learn and gain some knowledge when it comes to gambling.
I may be too stupid to understand the saying, but yes it might be useful because profits can only be achieved if one is smart enough to maximize the opportunities. It doesn't take much because a little is still profitable, but of course we shouldn't pick up trash that is expected to be profitable in the future. What does it mean? This means that we also need to do an analysis before taking advantage of the opportunities that exist.
hero member
Activity: 2352
Merit: 593
May 25, 2022, 09:38:06 AM
There is no such thing as one day learning. If a new trader want to earn a lot and want to become rich, just invest more and earn more but you cannot earn by doing nothing like learning on how to trade, invest and earn
Just invest more and earn more? Oh please, how easy that would be. If only trading is that easy then we're not gonna see those newbies that lost pretty much all of their assets because of how uneducated they are about how trading works, in this case cryptocurrency trading. But sadly, that's how it is. Newbies tends to believe that trading is such an easy task, especially if they're only following some random dude online that says they made it big in a few days and voila. But making mistakes is a good way to learn the harsh truth about trading. So, lessons learned, hopefully when that mistake happens.
what a beginner thinks in crypto asset trading is to get as much profit as possible quickly. that is wrong thinking.
there might be 1:100 beginners who get that luck. but I still have doubts.
There's a lot to learn in trading. most beginners follow the advice of others to start trading. as long as they learn theory and tools that beginners can use I guess that would be great.

There is a saying that "just get some bones in the market". It means that you just gain a profit, not big, not too small, but just enough for you. Don't be greedy because you can't get all of the money in the market. Set a target profit and after you get it, you'll stop on that day. Beginners' luck? It isn't always working in trading because it isn't a gamble that you are relying on luck. You need to learn and gain some knowledge when it comes to gambling.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
May 25, 2022, 09:31:04 AM
There is no such thing as one day learning. If a new trader want to earn a lot and want to become rich, just invest more and earn more but you cannot earn by doing nothing like learning on how to trade, invest and earn
Just invest more and earn more? Oh please, how easy that would be. If only trading is that easy then we're not gonna see those newbies that lost pretty much all of their assets because of how uneducated they are about how trading works, in this case cryptocurrency trading. But sadly, that's how it is. Newbies tends to believe that trading is such an easy task, especially if they're only following some random dude online that says they made it big in a few days and voila. But making mistakes is a good way to learn the harsh truth about trading. So, lessons learned, hopefully when that mistake happens.
what a beginner thinks in crypto asset trading is to get as much profit as possible quickly. that is wrong thinking.
there might be 1:100 beginners who get that luck. but I still have doubts.
There's a lot to learn in trading. most beginners follow the advice of others to start trading. as long as they learn theory and tools that beginners can use I guess that would be great.
sr. member
Activity: 602
Merit: 253
May 24, 2022, 10:14:33 PM
There is no such thing as one day learning. If a new trader want to earn a lot and want to become rich, just invest more and earn more but you cannot earn by doing nothing like learning on how to trade, invest and earn
Just invest more and earn more? Oh please, how easy that would be. If only trading is that easy then we're not gonna see those newbies that lost pretty much all of their assets because of how uneducated they are about how trading works, in this case cryptocurrency trading. But sadly, that's how it is. Newbies tends to believe that trading is such an easy task, especially if they're only following some random dude online that says they made it big in a few days and voila. But making mistakes is a good way to learn the harsh truth about trading. So, lessons learned, hopefully when that mistake happens.
legendary
Activity: 3080
Merit: 1130
May 24, 2022, 07:49:36 PM
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.

There is no such thing as one day learning. If a new trader want to earn a lot and want to become rich, just invest more and earn more but you cannot earn by doing nothing like learning on how to trade, invest and earn
This is what noobs do mainly think on the time that they are seeing someone earns huge amount in trading then they would really be putting up into their minds that they could easily do it if they do tend to engage

on where it do really starts up immediately on engaging with the market and when reality slaps into their faces then this is where self realizations do happen and would make out conclusion
that this isnt something simple that you could bare or learn with in a short span of time.This one do really takes long time and lots of efforts and lots of trial and error
which is something that you do need to sustain.
full member
Activity: 276
Merit: 100
May 24, 2022, 07:30:22 PM
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.

There is no such thing as one day learning. If a new trader want to earn a lot and want to become rich, just invest more and earn more but you cannot earn by doing nothing like learning on how to trade, invest and earn
full member
Activity: 1050
Merit: 100
Vave.com
May 22, 2022, 03:26:13 PM
It has my opinion' i think never possible for a newbie member to get quickly rich from trading session beacuse for trading you should start increasing your knowledge then you will be rich. Although there are no enough knowledge about tradin for a newbie person so how he/she could make profits! However firstly newbie can Study more about trading corporation then they will make something. I can't tell you trading easy step beacuse i was learning trading almost fours years over but i have no enough skills
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
May 14, 2022, 08:27:09 PM
Getting rich is not easy need a hard working and proper way.Although trading can easily make people rich but have a some risk.Just as trading can make you rich, it can make you poor.But that's true if anyone have to some knowledge about trading then he earn more and more money.Trading is very easy to earn money.But need to proper way and some technic.Most of the newbie traders unknowingly started trading and due to which they are facing loss.So they should do trading course
I know to become rich is not a one day job but then with steady grow one can build up skills that aid faster financial wealth this is so because once you have adequate knowledge to make good trading decision.
The way to get rich in trading is not in the short term, in fact I would think that if you can get rich by trading but in the long term, even in the very long term, the trick is simple, see trading as a business, where each decision It has nothing to do with the fact that you must win, I swear, because in trading there must be losses, the trader who says that he has not had losses is a lie, he is not a trader because simply nobody is perfect and the vision of the market that each person has to sometimes it can be correct but sometimes not, it changes and we don't see it, that's where it gets lost, but the important thing is to maintain a positive balance.
hero member
Activity: 798
Merit: 546
Leo is resting.
May 08, 2022, 02:59:38 PM
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 by trading coins and what manual can be followed.
I will not advise a newbie who has no trading experience to venture into trading because you're going to lose your hard-earned money. You can start with a Youtube video to get pre-trading knowledge, don't pay attention to anyone asking you for funds yet because you can learn few tips by yourself before going for onsite classes. Get the knowledge first before you think of making profit.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
May 08, 2022, 12:30:22 PM
Well actually thinking about it very well, if it is very possible for a rookie who has a lot of money to become rich in trading, the reason I see is:

1.- That you buy BTC and get a quick profit if you are lucky enough that the BTC rises in price fast, if it reaches a new ATH it could be said that you can be rich if you buy a lot of BTC, otherwise you would have to wait as long as necessary until the BTC rises, which is more focused on an investor vision, which is not bad at all.

2.- To buy an altcoin whose price makes such a big pump that at that moment it can have a good ROI, this can happen but in the same way it has to have a strong investment and now as the market is, I would say that it has to count with great luck.

I think that this is the way a novice does it, but if we look at it, it is not market speculation where he has more options, because speculating in the market requires a lot of knowledge, betting on the rise or fall of the price has more work I think long-term investment could be the best solution, and the best safe investment will always be BTC.
full member
Activity: 840
Merit: 137
May 08, 2022, 10:49:45 AM
Getting rich is not easy need a hard working and proper way.Although trading can easily make people rich but have a some risk.Just as trading can make you rich, it can make you poor.But that's true if anyone have to some knowledge about trading then he earn more and more money.Trading is very easy to earn money.But need to proper way and some technic.Most of the newbie traders unknowingly started trading and due to which they are facing loss.So they should do trading course
alot beginer have good imagination from trading result, they never felt how it will ask our sacrifice when still early and learning about trading knowledge. lossing alot money will be first stage that will done for every beginner, when meet this phase their consistency will tested. first thing we should recognized when we want start trading only as to our self, did we accept this risk that occcur .
Trading have made alot of cillioniares in the crypto space. Although trading is meant for day to day profits. Newbies can become rich through trading. One major thing that can bring profits in trading is when you trade base on futures. Spot trading is more like to buy a coin when it dips, and sell then it pumps. Trading brings Hugh Profits if trade with the right signal. The best thing is to look for a better coin that will pump and hits its ATH price.
member
Activity: 840
Merit: 10
May 07, 2022, 07:14:44 PM
Getting rich is not easy need a hard working and proper way.Although trading can easily make people rich but have a some risk.Just as trading can make you rich, it can make you poor.But that's true if anyone have to some knowledge about trading then he earn more and more money.Trading is very easy to earn money.But need to proper way and some technic.Most of the newbie traders unknowingly started trading and due to which they are facing loss.So they should do trading course
alot beginer have good imagination from trading result, they never felt how it will ask our sacrifice when still early and learning about trading knowledge. lossing alot money will be first stage that will done for every beginner, when meet this phase their consistency will tested. first thing we should recognized when we want start trading only as to our self, did we accept this risk that occcur .
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