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Topic: Can newbie become rich with trading - page 6. (Read 1941 times)

sr. member
Activity: 1316
Merit: 324
#SWGT PRE-SALE IS LIVE
April 30, 2022, 04:11:50 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.
no one could be rich man only in a night, except they have lucky factors. we will sacrifice when we pass our journey in market,maybe some of us didn patient and starting to give up. by improve our knowledge about trading or investing, it hope could increase our posiiton in better condition.
member
Activity: 700
Merit: 10
April 30, 2022, 12:16:00 PM
Simple answer, "Yes", anyone can become rich trading cryptocurrencies, but the thing is that when a newbie gains knowledge of how to trade crypto and make profits, then he or she is no longer a newbie.
Am not a full time trader but from my little experience, I understand that trading to profit isn't hard and there's nothing really hard to understand, what you give your quality time is what you will learn and know how to do very well, if you give your time to learning, researching and reading books related to cryptocurrency trading, have all the necessary tools required for effective trading, and also work on your emotions likes being patient and not being over greedy, overtime, you can start profiting in trades.
In essence, a beginner cannot get rich if he is not interested in enriching his knowledge of trading. and he can realize his ideals, namely by learning from his own experience and the experiences of others who ultimately understand the market reaction. Of course, he will find many problems when trading if he can get past those obstacles then wealth will follow, along with increasing his knowledge of trading
hero member
Activity: 2506
Merit: 628
I don't take loans, ask for sig if I ever do.
April 30, 2022, 11:06:25 AM
And the goal is wrong at the start. They're visioning and aiming to be rich without having a plan of learning first so that they can plan as well and go through smoothly with their goal of being rich through trading. When they've encountered a bad situation and they're failing with their plans, they give up easily. That's why in trading, it's not just all about the outcome that you'll get and goal but also if you're determined of what you've got in because it's not the quickest way.
That's why I say they're trying to get rich in the wrong place. If they wanted to enjoy a quick get rich scheme, trading isn't the place. Trading, just like any other industry, still requires the people in it to persevere, study, lose and then win. They need to spend time and effort to actually understand what it's about, and then try to earn money from it. What OP is looking for is a gambling den or a lottery perhaps imo. I mean yes, you can trade without doing all the stuff I said, but then, as I said, it'd be better to find a casino instead, now that you don't need to think, you just need money. 
legendary
Activity: 2226
Merit: 1049
Leading Crypto Sports Betting & Casino Platform
April 30, 2022, 10:18:38 AM
Simple answer, "Yes", anyone can become rich trading cryptocurrencies, but the thing is that when a newbie gains knowledge of how to trade crypto and make profits, then he or she is no longer a newbie.
Am not a full time trader but from my little experience, I understand that trading to profit isn't hard and there's nothing really hard to understand, what you give your quality time is what you will learn and know how to do very well, if you give your time to learning, researching and reading books related to cryptocurrency trading, have all the necessary tools required for effective trading, and also work on your emotions likes being patient and not being over greedy, overtime, you can start profiting in trades.
hero member
Activity: 2982
Merit: 678
★Bitvest.io★ Play Plinko or Invest!
April 30, 2022, 09:38:05 AM
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.
Patience is what many of the newbies lack.

Well, if they pass on the trial of being patient then they'll surely get to see the door of success in crypto whether they choose to be a trader or a holder.

True that it's about the process that they need to be patient dealing with as they have those moments, good and bad because that will sum up to their result and success in the future.
full member
Activity: 812
Merit: 210
April 30, 2022, 08:57:05 AM
maybe yes maybe not, but the percentage for beginners to get rich in trading is very small, only with high profits and that is only experienced by a few people.
before starting trading maybe the mindset to get rich should be changed, because it can be a scourge that destroys trading plans. it is better for beginners to focus on understanding the science of trading and continue to do it consistently, whether rich or not it is the result of all that has been done.
hero member
Activity: 2492
Merit: 586
April 30, 2022, 05:26:12 AM
from newbie we move to advanced traders and it take long time to pass but everyone could pass this stage as long as we use our time and resources well. for first year maybe we just spend our time to learn and observe about market movement with demo account or use real account with small balance.when it get good result , moving step head with bigger account and regularly open trades that using our own trading system and dont influenced with other opinion.
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.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
April 29, 2022, 02:14:33 PM
Newbie is no matter if you learned well before trading. Many newbie fail to become rich because they have not proper learned how to trade and trade according to market condition. Newbie become rich but I will take time to achieve goal. If any newbie work hard and trade wisely than I believe that in year one can easily become a rich man.
And the goal is wrong at the start. They're visioning and aiming to be rich without having a plan of learning first so that they can plan as well and go through smoothly with their goal of being rich through trading. When they've encountered a bad situation and they're failing with their plans, they give up easily. That's why in trading, it's not just all about the outcome that you'll get and goal but also if you're determined of what you've got in because it's not the quickest way.
it's true, the desire to be rich in trading is a wrong goal but many traders who managed to become rich because of consistency and also a lot of knowledge taken from their many experiences, trading is not an easy thing and also not all theory is learned, many things the unexpected happens and emotional control is also very influential in the course of trading. so in trading the most important thing is knowledge and how to get rich or not, that is the ending of all that we have worked for. and remember that no effort betrays the results if we do it seriously.
It's better to hear the actual experience from rags to riches from those traders that really made it. But I'm sure that it's not just all about trading but they'll also share some hustle that they did.
So it's like pure hustle plus their career with trading. It goes with the process and if you really are a hard-working person, you'll be able to see your progress and eventually get your way to riches together with all the lessons you've learned from your losses and mistakes.
sr. member
Activity: 1638
Merit: 330
★Bitvest.io★ Play Plinko or Invest!
April 29, 2022, 09:09:19 AM
Newbie is no matter if you learned well before trading. Many newbie fail to become rich because they have not proper learned how to trade and trade according to market condition. Newbie become rich but I will take time to achieve goal. If any newbie work hard and trade wisely than I believe that in year one can easily become a rich man.
And the goal is wrong at the start. They're visioning and aiming to be rich without having a plan of learning first so that they can plan as well and go through smoothly with their goal of being rich through trading. When they've encountered a bad situation and they're failing with their plans, they give up easily. That's why in trading, it's not just all about the outcome that you'll get and goal but also if you're determined of what you've got in because it's not the quickest way.
it's true, the desire to be rich in trading is a wrong goal but many traders who managed to become rich because of consistency and also a lot of knowledge taken from their many experiences, trading is not an easy thing and also not all theory is learned, many things the unexpected happens and emotional control is also very influential in the course of trading. so in trading the most important thing is knowledge and how to get rich or not, that is the ending of all that we have worked for. and remember that no effort betrays the results if we do it seriously.
hero member
Activity: 2926
Merit: 570
Leading Crypto Sports Betting & Casino Platform
April 29, 2022, 08:56:20 AM
Newbie is no matter if you learned well before trading. Many newbie fail to become rich because they have not proper learned how to trade and trade according to market condition. Newbie become rich but I will take time to achieve goal. If any newbie work hard and trade wisely than I believe that in year one can easily become a rich man.
And the goal is wrong at the start. They're visioning and aiming to be rich without having a plan of learning first so that they can plan as well and go through smoothly with their goal of being rich through trading. When they've encountered a bad situation and they're failing with their plans, they give up easily. That's why in trading, it's not just all about the outcome that you'll get and goal but also if you're determined of what you've got in because it's not the quickest way.
newbie
Activity: 18
Merit: 1
April 29, 2022, 08:43:11 AM
Buy low and sell high, ezpz.
MiF
sr. member
Activity: 1344
Merit: 258
April 29, 2022, 08:41:06 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.
I think it needs a meracle for a newbie to become rich, if the expert did not become rich on trading then it is hard to believe that newbie that still in a learning stage can become rich for a short period of time? I think newbie still needs to learn or study more and become an expert first before become rich on trading, because trading is not just a game of capital it is also a game that needs attention and full understanding because in trading there is only two way to choose the way to earn and way to loss.
hero member
Activity: 2464
Merit: 644
Eloncoin.org - Mars, here we come!
April 29, 2022, 06:04:52 AM
Newbie is no matter if you learned well before trading. Many newbie fail to become rich because they have not proper learned how to trade and trade according to market condition. Newbie become rich but I will take time to achieve goal. If any newbie work hard and trade wisely than I believe that in year one can easily become a rich man.
legendary
Activity: 2086
Merit: 1058
April 29, 2022, 04:34:37 AM
Everything that you wanted to learn if you're new to it will always be difficult, what matters is your persistence to learn and develop new skills or knowledge. I'll tell you, even newbies can profit, but depending on every situation, it wouldn't last unless he just follows his impulses. It requires a certain amount of good behavior to profit and to get more profit in the long term.
That persistence could be a difficult thing if you focus it on the wrong thing. For example I love writing, it is the most wonderful way of expressing myself and it is basically like a hobby. I work as a content writer AND still write for a few games I play (role playing games where it is required for you to write), so you know I would be persistent at getting better at it.

However, back in 2016-2017 period I studied coding so that I would make a lot of money, that is what I assumed coding will be all about, making a ton of money. In the end, I quit after like a few months because it wasn't for me, so I wasn't persistent at it. So, pick the thing you would love, not the thing that would bore you to death.
sr. member
Activity: 1316
Merit: 324
#SWGT PRE-SALE IS LIVE
April 29, 2022, 03:23:22 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.

Common sense - Every professional trader was once a newbie in trading.
So it automatically answers your question that yes a newbie can make enough money in trading provided he is doing the right things.
It takes time and patience to make money and you must put in a lot of efforts to learn how to trade.
Utilise your time properly and learn a lot about trading and practice it a lot.
Only practice will groom your skills and eliminate your mistakes in the long run.
from newbie we move to advanced traders and it take long time to pass but everyone could pass this stage as long as we use our time and resources well. for first year maybe we just spend our time to learn and observe about market movement with demo account or use real account with small balance.when it get good result , moving step head with bigger account and regularly open trades that using our own trading system and dont influenced with other opinion.
hero member
Activity: 2646
Merit: 713
Nothing lasts forever
April 29, 2022, 02:41:25 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.

Common sense - Every professional trader was once a newbie in trading.
So it automatically answers your question that yes a newbie can make enough money in trading provided he is doing the right things.
It takes time and patience to make money and you must put in a lot of efforts to learn how to trade.
Utilise your time properly and learn a lot about trading and practice it a lot.
Only practice will groom your skills and eliminate your mistakes in the long run.
member
Activity: 364
Merit: 13
April 28, 2022, 06:36:49 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.
sr. member
Activity: 2226
Merit: 347
April 28, 2022, 05:18:09 PM
For a beginner, it may be difficult to immediately become rich from trading results, unless luck is on his side. but I have a suggestion to invest most of the capital owned. and the rest is used to learn trading. that way the risk becomes small and we can learn to trade for the long term. to learn trading takes a long time, because we have to learn from every problem and solve it, or if we want to be smart we learn from other people's experiences, it will be even faster if we have friends who have been in the trading world for a long time
I get that a newbie would be having hard time, but sometimes that depends on the period they started as well. I know plenty of veterans who lost a ton of money because it was a horrible bear period, and I know plenty of newbies who made a lot of profit because they started just on the bull period. The difference is that newbies lose even more during bear, and earn a lot less during bull periods.

There are situations where one newbie decides to get in, it is a hype period, like when we moved from 10k to 60k, and they make a ton of money from both bitcoin and some small cap gems, and turn their money into like 10x during that period. Then, the prices start to go down because we go into a bear period and since they have no idea how they should react, they end up losing even more.
Even if you are a newbie then you could still able to engage into the market because come to think that pro's do start on being a newbie.It all matters on how he would handle up himself
into this very unpredictable market.As a starter then you should not mind up about being getting rich because that kind of particular state isnt something that could be achieved.
Come to consider that you would need to do well on this market and does need bigger funds or capital for you to do so.You cant just be that coming rich via $10 investment.
sr. member
Activity: 1042
Merit: 273
April 28, 2022, 04:54:33 PM
For a beginner, it may be difficult to immediately become rich from trading results, unless luck is on his side. but I have a suggestion to invest most of the capital owned. and the rest is used to learn trading. that way the risk becomes small and we can learn to trade for the long term. to learn trading takes a long time, because we have to learn from every problem and solve it, or if we want to be smart we learn from other people's experiences, it will be even faster if we have friends who have been in the trading world for a long time
I get that a newbie would be having hard time, but sometimes that depends on the period they started as well. I know plenty of veterans who lost a ton of money because it was a horrible bear period, and I know plenty of newbies who made a lot of profit because they started just on the bull period. The difference is that newbies lose even more during bear, and earn a lot less during bull periods.

There are situations where one newbie decides to get in, it is a hype period, like when we moved from 10k to 60k, and they make a ton of money from both bitcoin and some small cap gems, and turn their money into like 10x during that period. Then, the prices start to go down because we go into a bear period and since they have no idea how they should react, they end up losing even more.
member
Activity: 742
Merit: 12
Global peace initiative
April 28, 2022, 04:03:47 PM
It's not exactly rich, but it's quite possible to make money. For example, I started using the demo account of the Amarkets broker for work, and as a result, I was able to achieve quite good results.
Demo accounts is a good way to start trading with as one will have good experience before depositing and using real money for trading as newbies traders need a lot of experience to avoid loses.
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