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Topic: Can newbie become rich with trading - page 5. (Read 1995 times)

full member
Activity: 658
Merit: 189
May 03, 2022, 03:31:43 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 trading coins and what manual can be followed.
Of course you can, but it all has to be based on trading knowledge and patience, because in Crypto trading anything can happen.
but never retaliate for the losses you suffer, because it will cause greed to cause losses.
trade as usual with the knowledge learned, slowly the profits will come.
member
Activity: 546
Merit: 10
May 02, 2022, 05:01:24 PM
There are lots of ups and downs associated with trading, it is very risky and needs time and dedication to gain enough experience. It is hard for you to be a trader and not loose funds in your early days of trading, it happened to me when i started trading, i lost alot of money before i later decided to set aside an amount of money i could afford to loose. It took me time but in the end i was able to learn. All I'm saying is your experience is all that matters just get yourself familiar with the basics and be ready to loose some money otherwise go for investment just as @ratimov advised.
hero member
Activity: 882
Merit: 792
Watch Bitcoin Documentary - https://t.ly/v0Nim
May 02, 2022, 03:18:16 PM
But what to do when the month turned out to be unprofitable? You have less money, you have not earned anything, but you still need to withdraw something from your trading account, because you have mandatory monthly expenses.
I usually hear people say that trading is a very stressful job and one can't work and trade at the same time but what you point out there is an advice that everyone needs who thinks the way I described.

No one can become rich in traditional trading, if you don't own the game, then you lose! Whales and the big players own the game, they are getting richer because the people who aren't them but seeks the gains, always fail. I think that everyone except whales and big players are newbies, how can I call someone pro who is a puppet in someone's game? Investment, long-term investment is the key to success but it can be even more successful if you turn long-term investment into, let's call it quarterly trading. There are 4 seasons in a year, I think it's easier to buy low & sell high, grow your assets when you trade like this and don't follow the panic,a don't allow income pressures to significantly affect your decisions and mental state of wellbeing.
legendary
Activity: 2128
Merit: 1775
May 02, 2022, 01:07:28 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.
Crypto trading is relatively risky, for that learning and trading knowledge is much more important for beginners.

Basically crypto trading is the same, buying and selling crypto that he trades, only the difference is the knowledge he has, market developments, analysis, Up and down charts also need to be understood to generate the expected profit.

The bottom line: never take trading lightly and trivially, some methods also need to be done.
For example:
Crypto Trading Strategies You Need To Know.
sr. member
Activity: 1218
Merit: 279
May 02, 2022, 11:01:06 AM
Newbies usually finds it difficult to make profit in trading. This is because they are not experienced enough, and some also gets into trading with knowing what trading is all about. Which results to them losing large amount of money. There are youtube videos online which can probably guild you on how to avoid losing consistently. Once a trader have a good strategy, learns how to deal with greed. He/she will surely make good profit.
copper member
Activity: 2268
Merit: 539
LuckyDiamond.io - FLAT 50% Deposit Bonus!
May 01, 2022, 09:23:34 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.

By the term “rich” what do you mean?
In your opinion how much money is sufficient for you to become rich ?
There is not ending to a person’s need, so your statement is meaningless according to me.

So if you ask me if a newbie can make money with trading or not?
Then i can say, surely you can make.
All you need is just to analyse the market and good predictions.
You can also join some paid calls group though it’s not recommended for trading.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
May 01, 2022, 07:08:16 PM
Trading has got the ability to make you rich, but some believe it as a way to turn themselves rich immediately. It has happened with different users, but we can't expect the same to happen with us. Those are big bag holders who risk big to make big. Another thing there'll be people who state that they made big money out of $10 which is also false statement. In today's market it is impossible to make such thing. Learn yourself, experiment yourself, experience yourself and automatically trading brings profit.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
May 01, 2022, 06:47:40 PM
Newbie to advance? I think that was too fast and it seems you skipped something. I forget the term but there is next after a newbie and before being advanced or pro. 1 year is long but it's up to you if you will use this only to learn, observe and practice. I think after that, you will become a very good trader but you must still start trading with smaller amounts because it was still your first time.

If you feel that you're doing good or you are familiar on the platform that you're using, that's the time to up your game. Using our own start is nice but it's not bad to see how other traders doing with their trades. You can interact with them and exchange ideas to improve your trades both.
I would say that a person's advance knowledge about finances before they get into crypto plays a big role in this speed. If they are great at math, and a financial wiz, then they are going to be amazing at crypto as well and wouldn't take long to figure it out. I had a friend who managed to turn a small amount to a giant amount in 3 years, I am talking about like less than his rent to never work again amounts in 3 years, all thanks to him being a great financial worker before he got into crypto. Obviously he retired, because he has millions, but that means he moved from newbie to never working again levels so quickly and that is possible.
True I have known some personalities that have financial background and some trading background from forex, They got quite profitable in crypto hype train last year the figures they are trading are much more larger than my trading volume. We all have some qualities that helps us on trading like our educational background, personal network, and personal finance. 
hero member
Activity: 2408
Merit: 584
May 01, 2022, 04:49:52 PM
there is no expert who immediately masters a field without starting a hard struggle at the beginning when they are still a newbie, you are a newbie in trading now and losses are a natural thing to experience, it is impossible for you to immediately make a profit.  but now there are many trading mentors that you can make as your teacher, but you have to choose wisely the mentor who will teach you, also look at his track record, that's important.
But, what if they fake their records? It's easy for someone to do it online but what would their motive be if they will do that. Only to make someone else lose? But I don't think they can get a benefit of doing that. Ah I know, maybe, they fake their records and then sell some books or courses but for our safety, it's better to buy only on the official stores and always check if they are verified.

Hiring a mentor will make things easier for a newbie but one must prepare a good amount of money because they can be a little costy. If we are poor, we have no choice but to go on the traditional and hard way. That's fine though and they say that the hard way is more beneficial.
legendary
Activity: 2660
Merit: 1074
May 01, 2022, 04:49:22 PM
Newbie to advance? I think that was too fast and it seems you skipped something. I forget the term but there is next after a newbie and before being advanced or pro. 1 year is long but it's up to you if you will use this only to learn, observe and practice. I think after that, you will become a very good trader but you must still start trading with smaller amounts because it was still your first time.

If you feel that you're doing good or you are familiar on the platform that you're using, that's the time to up your game. Using our own start is nice but it's not bad to see how other traders doing with their trades. You can interact with them and exchange ideas to improve your trades both.
I would say that a person's advance knowledge about finances before they get into crypto plays a big role in this speed. If they are great at math, and a financial wiz, then they are going to be amazing at crypto as well and wouldn't take long to figure it out. I had a friend who managed to turn a small amount to a giant amount in 3 years, I am talking about like less than his rent to never work again amounts in 3 years, all thanks to him being a great financial worker before he got into crypto. Obviously he retired, because he has millions, but that means he moved from newbie to never working again levels so quickly and that is possible.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
May 01, 2022, 04:41:45 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.
It might seem like an impossible skill to learn but it's all in the amount of time you invest in learning the skill of trading . Btw dont take shortcuts in trying to get to the finish line,baby steps is all it takes and once you have this knowledge trading will be a breeze, and if you like you could use youtube for some free resources to get ahead of your game,good luck.

Remember knowledge first then profits follow.
member
Activity: 378
Merit: 11
May 01, 2022, 02:32:36 PM
I believe anybody can do it with the right skills and patience, but these are not the only factors to take into account, as the market also has to be fairly stable and not as in current last two weeks.
full member
Activity: 658
Merit: 158
BTC Rocks
May 01, 2022, 12:57:24 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.
A newbie can't make profits by trading because in trading everyone should have experience, proper research and must have patience. But a new trader will face a lot of problems and if they can make profits byt they will lose soon. Because whales uncertainty pump and dump the market and we see a lot of fake breakout and breakdown in chart analysis. So before investing in vrypto trade everyone should have much knowledge about proper trading.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
May 01, 2022, 11:54:22 AM
I think that the importance of the thread is that, to show that novices do not go despite the fact that they can get rich overnight, I know that there are many advertisements on social networks where there are many trading academies that paint a life exceptional and that the results are achieved is with trading, and it is not like that, trading is not for that, whoever believes that through trading they become millionaires is very wrong, trading at least I see it as a business, where many things must be done to obtain small profits and in the long term, I think that it is that way if trading can be seen, especially for newbies.
full member
Activity: 1148
Merit: 151
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 01, 2022, 07:55:45 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 trading coins and what manual can be followed.
there is no expert who immediately masters a field without starting a hard struggle at the beginning when they are still a newbie, you are a newbie in trading now and losses are a natural thing to experience, it is impossible for you to immediately make a profit.  but now there are many trading mentors that you can make as your teacher, but you have to choose wisely the mentor who will teach you, also look at his track record, that's important.
full member
Activity: 1386
Merit: 101
ComboLabs
May 01, 2022, 03:31:53 AM
I've seen a channel on YouTube that the newbie who bought Doge and Shiba is now a rich person, at that time the newbie tried to find profit by buying new listed coins and was cheap so that after he knew it was to buy Shiba and Doge and 2021 the price of 2 coins rose thousands of percent so that they become rich.
At that time in 2021 the price of Dogecoin and Shiba really skyrocketed,
but if we talk for now of course it's different and we don't know if the two meme coins will skyrocket again,
If you are really interested, you can follow the development
sr. member
Activity: 1358
Merit: 253
May 01, 2022, 02:23:12 AM
I've seen a channel on YouTube that the newbie who bought Doge and Shiba is now a rich person, at that time the newbie tried to find profit by buying new listed coins and was cheap so that after he knew it was to buy Shiba and Doge and 2021 the price of 2 coins rose thousands of percent so that they become rich.
hero member
Activity: 3010
Merit: 666
April 30, 2022, 05:03:41 PM
A newbie can't be that was the truth OP. But experts and those who have a good understanding of the market certainly have the chance.
If this newbie wanted to earn money for trading and aiming to become rich, therefore, he needs to improve himself first and focus on developing knowledge and skills as they are a top priority. Nothing wrong with the aim of becoming rich but this will achieve if we don't work hard and have some sacrifices like to have effort and more time spent on studying the market behavior.
hero member
Activity: 2590
Merit: 644
April 30, 2022, 04:59:15 PM
Bro, there are no shortcuts in crypto, this is something you have to give your time, give it a lot of patience, read a lot of articles and also watch a lot of videos on YouTube, because one bad investment could throw u back to where you started from. So trust the process and stay patient and the riches will follow.
You are right one need to have big hart to invest both time and money to profit in any cryptocuerrncy venture and trading is one of those ventures that requires both time and money to gain good knowledge and build skills in trading.
^ Definitely right and now you have learned that making money on cryptocurrency is not just easy, there is no shortcut, and everything must be done with hard work, you will not be a successful trader if you have zero ideas on it. Trading is a very risky part of making money, in just a single mistake, it could wipe out all your hard work in just a matter of minutes. So there is no guarantee that making money in trading will always be there, you may experience losses as a part of the experience which will lead to being a better trader.
member
Activity: 742
Merit: 12
Global peace initiative
April 30, 2022, 04:51:33 PM
Bro, there are no shortcuts in crypto, this is something you have to give your time, give it a lot of patience, read a lot of articles and also watch a lot of videos on YouTube, because one bad investment could throw u back to where you started from. So trust the process and stay patient and the riches will follow.
You are right one need to have big hart to invest both time and money to profit in any cryptocuerrncy venture and trading is one of those ventures that requires both time and money to gain good knowledge and build skills in trading.
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