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Topic: Don't rush you will still win - page 8. (Read 2264 times)

hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
August 24, 2024, 08:28:33 AM
#52
Those that have exemplary trading skills and experiences can do this type of trade. They'd mostly go through the futures and they like everything in rush. But it's not for everyone to hurry with trading and that's not the same for each of us. What works for each of us should be considered to be as a good one to capitalize and stay with that type of trading.

It's also the same with holding, we are patient to hold as much as we can and we're profiting from this market without having to worry and hurry. The newbies are the ones that have lesser patience because they think that this market is quicker than what they're expecting. But once they learn how this market is so dangerous for those that have little knowledge and little patience, they're the ones that will be eaten by the bigger traders. Yes, losers makes the winners.
hero member
Activity: 1974
Merit: 539
Leading Crypto Sports Betting & Casino Platform
August 23, 2024, 10:38:12 PM
#51
For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
Agree. Fundamentally trading is risky, it will even be riskier for new one with lack of knowledge. It is reasonable that newbies or new one in trading probably has higher risk because they don't really understand how to trade in a proper way. Moreover, with the current market condition that tends to be more volatile, the chance to get losses higher. The only way to minimize the chance of losses is to take time for learning. I think it won't take too much time, we should understand the basic things about trading in few days or a week. When we know the basic things, it is okay to start using demo account and may start real trading with small funds. Loses is still possible but it won't be too severe if we use small funds. We can keep learning while trading gradually. It is also the way to gain real experience.



But the irony is, do newbies listen to the advice of experienced people? I find that most newbies are very very arrogant, they always think they are right and ignore all advice from experienced people. That is why there are always losers in the market and day by day, more people lose money than make money.

In my opinion, advice doesn't work for beginners, so I think let them experience it themselves to learn the lesson. Sometimes free things are not appreciated but when they have to pay for them they will appreciate it. When it comes to trading, it means we need more practice than theory, so let the newbies experience it for themselves.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 23, 2024, 06:39:52 PM
#50
My question is, is there really a need to rush in trading wherein you know you will only lose if you aren't sure with how the outcome of your trade goes? I think only those who are fake traders resort doing that, but real and good traders never do such things that will only put their future profits into danger of losing. Trading is highly risky so one should do it with high caution so that future losses will be avoided.

For one, if you are not yet confident with your trading skills - start with the basic such as spot trading, don't ever go to futures as it can easily liquidate your position. Learn the tricks of the trade, be open to what you will read, start small, don't rush.

This is not an overnight task to gain high profits. Only lucky traders can get millions from meme projects. It is not for all.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
August 23, 2024, 02:15:25 PM
#49
Trying to make as much money as possible within crypto isn't always that great idea, you should try to avoid it because rushing in will only make it not that great  for you and you are going to end up with something much worse. We need to make sure that things aren't always that great, we need to make sure that all of this is great and we can make a good return.

We are going to see this changing more and more, we are going to see this getting greater results, we just need to remember that anytime this happens we are going to see this changing for a long term thing and could have much better results. If we can make this work eventually then we are going to just do that by holding. So many people keep saying that we should not rush and we should keep holding and yet there are still so many people who keep on trying to rush, which isn't really an ideal situation and for some reason they just want to get rich overnight and think that is possible in the crypto world.
legendary
Activity: 2436
Merit: 1140
duelbits.com
August 22, 2024, 06:53:27 PM
#48
For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
Agree. Fundamentally trading is risky, it will even be riskier for new one with lack of knowledge. It is reasonable that newbies or new one in trading probably has higher risk because they don't really understand how to trade in a proper way. Moreover, with the current market condition that tends to be more volatile, the chance to get losses higher. The only way to minimize the chance of losses is to take time for learning. I think it won't take too much time, we should understand the basic things about trading in few days or a week. When we know the basic things, it is okay to start using demo account and may start real trading with small funds. Loses is still possible but it won't be too severe if we use small funds. We can keep learning while trading gradually. It is also the way to gain real experience.

legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 22, 2024, 04:40:24 PM
#47
My question is, is there really a need to rush in trading wherein you know you will only lose if you aren't sure with how the outcome of your trade goes? I think only those who are fake traders resort doing that, but real and good traders never do such things that will only put their future profits into danger of losing. Trading is highly risky so one should do it with high caution so that future losses will be avoided.

Exactly,  there's a  need of deep analysis and research for the  betterment of the outcome of your trade, there's no need to rush unless you really anticipate or you already setup your desire strategy, but again like what you said it's a risky type of business where you need to be more calm and patience  while anticipating your next action,  with such attitude your chances to earn is decent while for those who loves to treat things like gambling it's going to be more on luck type of trading and the chance is too small.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
August 22, 2024, 03:55:19 PM
#46
My question is, is there really a need to rush in trading wherein you know you will only lose if you aren't sure with how the outcome of your trade goes? I think only those who are fake traders resort doing that, but real and good traders never do such things that will only put their future profits into danger of losing. Trading is highly risky so one should do it with high caution so that future losses will be avoided.
copper member
Activity: 252
Merit: 4
August 22, 2024, 12:38:52 PM
#45
When new traders start trading, they must first learn about trading well until they understand it well because without understanding trading well, it will be very unlikely that they will be able to get good results from the trading they do, to be able to get good results, we must be patient with every process that we have to go through and as a beginner, of course, it is very possible to experience failure and this must be fixed in the future so as not to repeat the same mistakes when trading because if we give up when we fail, it will be impossible to achieve success in trading because those who already have good skills are still learning about trading so that they can know the right time to enter the market and can generate profits.
That period where newbies do not know anything and start to learn and trade, is something that takes a long time and because of that we could say that it is not going to be easy at all. We are forced to deal with something that takes so much time and because of that we are not really dealing with a period that's fun, it's a very boring and tedious period and because of that a lot of people give up before they learn it all and end result is not that good for them.

We should consider how we could make some good return by trying to figure out how we can keep learning until we are ready. The downturn of not learning everything is the fact that we do not learn it all and still trade and that results with nothing good for them.

A lot of effort and time is needed for a newbie to close up the gap, but in my opinion, the boons that may come afterward, and the knowledge beneath, is totally worth it 100%.
legendary
Activity: 2086
Merit: 1058
August 22, 2024, 12:36:42 PM
#44
When new traders start trading, they must first learn about trading well until they understand it well because without understanding trading well, it will be very unlikely that they will be able to get good results from the trading they do, to be able to get good results, we must be patient with every process that we have to go through and as a beginner, of course, it is very possible to experience failure and this must be fixed in the future so as not to repeat the same mistakes when trading because if we give up when we fail, it will be impossible to achieve success in trading because those who already have good skills are still learning about trading so that they can know the right time to enter the market and can generate profits.
That period where newbies do not know anything and start to learn and trade, is something that takes a long time and because of that we could say that it is not going to be easy at all. We are forced to deal with something that takes so much time and because of that we are not really dealing with a period that's fun, it's a very boring and tedious period and because of that a lot of people give up before they learn it all and end result is not that good for them.

We should consider how we could make some good return by trying to figure out how we can keep learning until we are ready. The downturn of not learning everything is the fact that we do not learn it all and still trade and that results with nothing good for them.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
August 22, 2024, 12:02:42 PM
#43
Newbies sometimes just want to explore so it's not surprising why most of them end up with wrong decisions. And I think with wrong decisions that lead them into losses, that's just normal for them but they should bear in mind to learn their lesson and not to do the same mistakes again.
It's all due to a lack of knowledge among newbie traders. They don't need to lose money and learn it the hard way, there are enough resources available online these days that they can utilize to learn about trading practices that are suitable for them and if they gain some knowledge, they will come to know about dos and don'ts of the market before they get started with their journey.

Newbies are more impatient and aggressive when it comes to trading for profits. What they don't know is that trading won't assure guaranteed profits but sometimes it could also lead to inevitable losses. So at least with their first hand experience, they will start to discover that trading is certainly risky and they shouldn't be trading if they are still incapable and not knowledgeable enough to trade.
Doing something without knowing much about it can surely be harmful in some way. Similarly, when someone gets into trading without even knowing how it's done and what are the necessary things for them to know, they are going to incur losses, it's the natural phenomenon of the world. So, newbies need to understand the very basic rule of doing something which is to get knowledgeable about it first.
copper member
Activity: 252
Merit: 4
August 22, 2024, 03:35:05 AM
#42
This has been discussed so many times in this forum and on this board, if you don't understand how to trade and you are new to the concept, then you should not trade. It is wrong to try out trading when you are not so sure of what you are doing. Don't get me wrong, i am not saying people who have been trading for a longer time are guaranteed to make money, no, they lose a lot too; but you stand a better chance succeeding at trading if you learn the skill first.

Everybody should start with something, but only with the money they are willing to spend, that's true.
hero member
Activity: 2982
Merit: 610
August 21, 2024, 04:59:13 PM
#41
There are so many newbies that trade in rush making haste decision ended up so bitter about the market because they are traumatized by their rushed trades which caused them to lose so much money and will just ignore whatever opportunity ahead moving forward.

being the loser at the time when we're still so new to trading could also affect whether or not we will make profit moving forward.

it's always better to learn slowly and keeping our capital from big loss and when we get the overall gist of how trading works in general, try to improve capital little by little.
Newbies sometimes just want to explore so it's not surprising why most of them end up with wrong decisions. And I think with wrong decisions that lead them into losses, that's just normal for them but they should bear in mind to learn their lesson and not to do the same mistakes again.

Newbies are more impatient and aggressive when it comes to trading for profits. What they don't know is that trading won't assure guaranteed profits but sometimes it could also lead to inevitable losses. So at least with their first hand experience, they will start to discover that trading is certainly risky and they shouldn't be trading if they are still incapable and not knowledgeable enough to trade.
legendary
Activity: 2604
Merit: 2353
August 21, 2024, 04:45:59 PM
#40
Rushing trading as a newbie have been the main reason for lose of money, we always want to gain the profits even in the first trade. I know the ultimate goal for every trader is to make profit in trading but since newbies are not very familiar with trading it is better not to rush it because taking your time to learn trading will help in reducing lose due to lack of understanding. It is better to go slow with trading and be consistent as beginner than to be very fast. Rushing trading is not very bad though, with the interest to learn fast can also make new traders to know what they want about trading but it will cause so much lose of money. For the fact that trading is very risky especially for those who are new in it, it is better not to rush into it. Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
I'm rather OK with that, but I don't understand your title to be honest. Why do you say they will "win" if they don't rush? They will maybe lose less money if they rush less than what they do but it doesn't mean they will be able to make any profit. If "being patient" would be enough to make profits, everybody would successful at trading while it's the opposite, only few lucky people and some big whales are able to make money trading, experienced or not.
full member
Activity: 448
Merit: 163
August 21, 2024, 12:18:40 PM
#39
What ever a person come to do in this he needs to have enough patience that means if he/she really want what is cooking should be done very well he don’t need rush, so in this case newbie’s have leaned to gain a lot of knowledge rather to rush his self without achieving anything.

Because a trading is involved of much risks and anyone who’s is try to rush his self in terms of trading what will he think can happen at the end of day it will definitely end of losing his found, that’s why is very good for a beginner who introduces his into trading new should have to know how the operates firstly before it can do what ever he like, because a newbie will not claimed a masters when he never known the risks that involve in the trading.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
August 21, 2024, 11:30:59 AM
#38
It does matter when someone rushes in without knowledge. But traders will lose it is part of the game.

Newbies might make the mistakes that the veteran might not. Often bitcoin rises all of a sudden and the social media buzz appears and then all the dormant no-coiners want to trade bitcoin. This is how the rush happens and losses ensue, making the exchanges the biggest winners of trading fees.

Prior learning of trading and how markets work is essential to avoid this.
legendary
Activity: 966
Merit: 1042
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August 21, 2024, 11:16:43 AM
#37
Hmm 70% to 90% of traders are not experienced, and the actual gainers are only 10% you need to know this is not just words saying actually if you check the trading journey of most of the traders who ended up leaving it, earn some decent s=amount in their journey but due to impatience and other lacking skills lose that earned amount with their capital as well.

Most traders are like the liquidity of the market haha because the players earn when they lose and they know how to trap such people because in their journey they've also made some mistakes and the only difference between them is they are still in the game but those are not.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
August 21, 2024, 02:57:53 AM
#36
You can only find this from new traders in the market, because they see cryptocurrency trading as a simple trade they can use to make funds without learning the trading , and they will later lose their funds. You want to make progress in cryptocurrency trading as a newbies, do everything possible to achieve the knowledge of cryptocurrency trading, before you can use the amount of funds you can afford to lose to trade and you will stay long in cryptocurrency trading with good income that will encourage you to continue cryptocurrency trading. You can rush to trade your coins during the massive bullish season and you will not regret with what you will achieve but don't rush to trade in the bearish season, because it will be difficult for you to achieve a good income.
When new traders start trading, they must first learn about trading well until they understand it well because without understanding trading well, it will be very unlikely that they will be able to get good results from the trading they do, to be able to get good results, we must be patient with every process that we have to go through and as a beginner, of course, it is very possible to experience failure and this must be fixed in the future so as not to repeat the same mistakes when trading because if we give up when we fail, it will be impossible to achieve success in trading because those who already have good skills are still learning about trading so that they can know the right time to enter the market and can generate profits.
full member
Activity: 2184
Merit: 184
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 21, 2024, 02:32:44 AM
#35
You can only find this from new traders in the market, because they see cryptocurrency trading as a simple trade they can use to make funds without learning the trading , and they will later lose their funds. You want to make progress in cryptocurrency trading as a newbies, do everything possible to achieve the knowledge of cryptocurrency trading, before you can use the amount of funds you can afford to lose to trade and you will stay long in cryptocurrency trading with good income that will encourage you to continue cryptocurrency trading. You can rush to trade your coins during the massive bullish season and you will not regret with what you will achieve but don't rush to trade in the bearish season, because it will be difficult for you to achieve a good income.
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
August 21, 2024, 02:24:07 AM
#34
The more you patiently analyze the better outcome that you can take when you are in this business, no need to rush not unless you are playing with the market fluctuation which not more traders can deal with, it's a competition between those who already have better understanding and good anticipation against those fear and emotional traders.

If you want to earn, better to invest with your knowledge first before jumping to any conclusions, learning  that kind of knowledge you'll be able to make approriate decisions.

Understanding how the market works is very important for those of us who are still beginners, with little experience we have to take a careful attitude and not rush into taking steps that are not necessarily sure and correct steps to reach the goal, in trading we have to analyze first before we start so that the capital we spend is not wasted just because we are in a hurry to make a profit, which will not be the profit we receive but the loss we generate from our selfishness because we are in a hurry to take something that is not certain. Of course, many traders have started from a long time ago but some of them have lost and some have made profits, it all depends on ourselves as we believe in correct trading, never get involved in trading because we research the market, not follow it. follow other people.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
August 21, 2024, 02:10:44 AM
#33
Take your time to learn even if it will cause you to be slow, it will help to reduce loses as a beginner. When loses are not much for a beginner it is a good experience for trading as a beginner.
Even experienced traders could suffer from losses for some reasons. For example if they are just rage-trading and doesn't know when to "stop" for particular reason, you can't get rid of losses and people would like to earn so much money as quick as possible but they don't know that trading is like a marathon where experience matters the most. That's why people are losing a lot because they think they can make money quickly with trading.

The more you patiently analyze the better outcome that you can take when you are in this business, no need to rush not unless you are playing with the market fluctuation which not more traders can deal with, it's a competition between those who already have better understanding and good anticipation against those fear and emotional traders.

If you want to earn, better to invest with your knowledge first before jumping to any conclusions, learning  that kind of knowledge you'll be able to make approriate decisions.
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