Obviously because they are new to it, that is why they think it's hard but to be honest trading is really hard even for someone that are not new on this scene but it is possible to become good at it if you will keep on learning and keep on practicing. We have good traders that can be say successful already because of what they have earned and the things that they bought during their stay in trading. If they can do it then why cant we?
There is nothing special about them but they are also humans like us. For now it's impossible for you to get rich in trading because you are still a newbie but soon you will as long you follow my advice above.
Topic: Can newbie become rich with trading - page 9. (Read 1995 times)
The discipline requires for success iin any field is also requires for success in trading. Trading is summary of your skill, experience, patience, growth and capacity! To answer your question straight, it is possible for newbie to make success of himself in trading. It will however take time to attain success!
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.
Trading is never easy as long as you think it's easy (newbies usually think trading is easy)...even a professional trader still has a high level of loss, if a newbie doesn't want to learn slowly from the bottom/basics, enjoy every moment when trading, learn continuously and mentally toughen up to deal with any market price movements then it's impossible for them to become a pro in trading.
...can a newbie make profit trading coins and what manual can be followed.
It's possible that some newcomer successfully bought a coin when it was worth a cent, and then sold it for thousands of dollars, but I can't believe it. After all, to do this, you need to have the knowledge that will allow you to invest correctly. And if you have such knowledge, then you are no longer a beginner. So you can get a profit only after you get the knowledge.
Crypto doesn't make people rich in no time. Everyone who is successful in crypto has gone through many hardships, from finding capital to trading and studying hard to understand the market. successful traders of course also have experience about the state of the market, their instincts are close to the market. for beginners study harder, and practice trading skills in order to make a profit. no shortcuts here.
It is true that getting rich can be obtained through crypto trading, but that does not mean it can be achieved easily. As you said we need to
work hard and also have to understand how to read the market. And all of that was achieved through a fairly long process, so that we can really
understand how the crypto world works. So we can understand effective strategies to be able to generate sustainable profits. It seems that it is
impossible for a newbie who does not have the knowledge and experience to get rich through crypto trading. Because crypto trading cannot make
someone rich instantly, so only people who have studied the crypto world properly and have trading experience will make it possible to get rich
through trading crypto. Therefore if we follow a trading group and the owner of the group promises us we are rich by joining a paid member,
it's all a scam. So my advice is that instead of joining a trading group, it's better to spend money on trading courses.
Crypto doesn't make people rich in no time. Everyone who is successful in crypto has gone through many hardships, from finding capital to trading and studying hard to understand the market. successful traders of course also have experience about the state of the market, their instincts are close to the market. for beginners study harder, and practice trading skills in order to make a profit. no shortcuts here.
no one gets rich in a short time, unless there is a miracle by finding treasures left behind in the past. crypto can not make everyone rich quickly, especially for beginners who are new to crypto, they have to study hard to understand the market and their analysis really has to be precise. and spend more time understanding the market.
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.
Why not? Crypto currency trading is meant for everyone as long as you understand the skills involved. There are even some of us that have been around here for a long time and we still don’t have a clue of how trading works. So, if you can understand it and you can be good at it then you should go for it. All you need is a good amount of training and you’d be able to start making money through trading. And before you start you should as well make sure that you have enough capital to engage in this business, because the risk involved is too much. It’s just something that you would get better with time as you continue to have experience in the market.
Trading is a complete gaming system. If you have good luck then you can do something good from trading platform. There are many people who lose a lot by trading and then become destitute.Again, there are many people who can make a good profit from trading platforms.I would say trading depends entirely on luck.
It's a matter of a lot of learning and also luck. It's a matter of understanding TA and also the psychology behind it and behind every rumor and news coming out.
I don't think that one mastering all this can still be called newbie. Not any longer, by far.
So for OP question the answer is "no".
A newbie will most probably treat crypto trading like gambling where he has a bigger chance to win if he pays a bit of attention to charts. And, if he's careful at the fees and he has entered in a good moment, he will earn some... until the trend changes unexpectedly and loses more than he has earned. Then he will either leave disappointed, either get on to actually learn (and get back to trading when he's no longer newbie), or... start holding...
The learning part is not that difficult to understand, it is something that is very important and everyone should be learning how to trade and what to be careful about while trading, if you do not do that then you will lose money and if you can't see that then you are going to be pretty upset about it but there is nobody else to blame but you.I don't think that one mastering all this can still be called newbie. Not any longer, by far.
So for OP question the answer is "no".
A newbie will most probably treat crypto trading like gambling where he has a bigger chance to win if he pays a bit of attention to charts. And, if he's careful at the fees and he has entered in a good moment, he will earn some... until the trend changes unexpectedly and loses more than he has earned. Then he will either leave disappointed, either get on to actually learn (and get back to trading when he's no longer newbie), or... start holding...
However, we need to also make sure that we know what a newbie means, if you are a newbie, and start learning and get rich, then maybe by the time you are rich then you are not a newbie anymore?
I mean if this is my first day in crypto, and in a year I turned my 100 bucks to 1 million dollars, that makes me a veteran already right? Why would we call someone a newbie when they achieved that? So, a "newbie" can't get rich, but anyone who gets rich is not a newbie.
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.
Trading is not a race but a marathon. You can search on google how to choose good coins because the article and news about cryptocurrency is already well-spread around the platform so you can ask and search any particular questions you are curious about. But again, the thing I recommend is don't be afraid to lose in the beginning, you have to make sacrifice to start so you can start with small amount first and then learn it from there. 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're looking for profit then anyone can make a profit although it's only by luck if a newbie becomes rich from trading then I doubt it can happen since becoming rich from trading have a long journey and you should know a lot of strategies, more capital, and more experience in this case you're not a newbie anymore if you're rich from trading.
And with my own experience I have come to the point that without good trading skills any one can lose in 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.
If you're looking for profit then anyone can make a profit although it's only by luck if a newbie becomes rich from trading then I doubt it can happen since becoming rich from trading have a long journey and you should know a lot of strategies, more capital, and more experience in this case you're not a newbie anymore if you're 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.
Every professional trader was once a newbie. There are tons of academies online and offline a new trader can enroll in to get the right knowledge about trading. The major concern is not where to get the knowledge but will there be patience to ensure the classes are well followed because one thing is to enroll and another is to complete it. So many traders are half baked and keeps complaining about losses even more than newbies 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.
Pro-traders are certainly coming from newbies before they reach their position by now. I could say that everyone has the chance to become rich and to become a trader, it is just a matter of how we help ourselves to make things possible as this really needs the ff;* commitment
* plan
* self-confidence
* patience
But if we are a lazy people and wanted instant, becoming rich in trading is way impossible and definitely, we end up failing.
I totally agree with this.
Newbie mindset would be always to get rich overnight in trading, which is impossible, that's why most of traders are 80% failed on making profits if I'm not mistaken (correct me if I'm wrong). It is very easy to enter a trade but hard to make a technical analysis that will help you with a higher chance of probability to make profits in the long run.
It won't be easy because you will lose a lot of money in order to gain the experience you need to be a professional trader. Patient is the key and consistency.
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.
There's a wide explanation about that 'best way'. It's going to be an addition of strategies, experience, and patience. But with newbies thinking of being rich in trading, it's totally okay but they shouldn't think of it to come asap.
That sequence of their life would come eventually and they have to go through too many losses and learn from those.
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 manual, no alternative way to learn to trade. A newbie must have to start from the very beginning and that is to learn the basics. This is not a hard thing to do unless you are in a hurry which is also one reason why many newbies fail. Indeed, aiming to become rich is somewhat ambitious for a newbie, however, this is really impossible for their status. It has to accept that newbies can't be rich from trading because of a lack of experience and knowledge. But we don't take this as an excuse, we instead make this as a sort of motivation and enhance our capabilities for this is the only way it helps in order to become 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.
I think as a newbie there are many things to learn in trading. I also new in forum but i had an experience in trading with my friend. There i saw no theoretical method work physically but instant decision works in trading feel free always. So i think there is no alternative of practical experience in trading and gradually a newbie in trading will be more efficient.
in my opinion, if a newbie gets big profit from trading and becomes rich, it may be because of luck. because someone is said as a newbie if he is new to something, lack of experience and have ni knowledge. So if he wins high profits from trading,he is luck.
in this case,why the concern should be rich?
rich is cimplex and definitely ir needs peocess. and a newbie should pass many process and experiences to reach ut. nothing permanenr will be instant
in this case,why the concern should be rich?
rich is cimplex and definitely ir needs peocess. and a newbie should pass many process and experiences to reach ut. nothing permanenr will be instant
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.
Pro-traders are certainly coming from newbies before they reach their position by now. I could say that everyone has the chance to become rich and to become a trader, it is just a matter of how we help ourselves to make things possible as this really needs the ff;* commitment
* plan
* self-confidence
* patience
But if we are a lazy people and wanted instant, becoming rich in trading is way impossible and definitely, we end up failing.
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