Don't trade if you're inexperience rather stake your coins. - page 2.

Becky666

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Quote from: Restmand on September 24, 2020, 11:48:22 PM

Quote from: Becky666 on September 16, 2020, 03:17:47 PM

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now, how do metamorphosed to become experience in trade?.

Does it mean inexperience traders aren't born to trade?.

I am really happy to know my friends who wins on trading, posting the the graph and the earnings they got from their trades. Me myself how many times traded coins on binance but still keep on losing my money. Although I studied on how to win on trading but I am still greedy that is why I did not win. I stop trading now because it is not easy to trade and there are lots of things to know and to study before we become wise on trading.

Thanks for acknowledged the fact that, learning trade to have the needed experience is most Paramount if profit is to be talk about. Been into trade with my little experience wasn't enough and I had to rethink and move into a better zone of learning new skills. Those who showed to public their profits picked might be hiding something from us but personally, am into some good stuff that will definitely increase my knowledge base crypto trade in a short time.

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Quote from: BuNga_cute on October 07, 2020, 03:50:39 PM

I agree that people who have no trading experience should not trade first, because you will only experience losses if you force trading
without experience. You must first learn how to trade properly, after that start trading with small capital. And staking coins is indeed
a good choice besides trading to be able to make a profit, but not all coins are good for staking. So to be able to make a profit from staking,
first research and analysis is needed of the coins that we are staking.

There are a lot of newbies that are jumping ahead immediately to those trading without any knowledge it looks like you dive into water without equipment or fight in a war without guns. Having knowledge into an introduction what do they need and what they possibly expect on this trading.

Today it's not hard to find a trading guide on YouTube and trading sources on the internet there are a lot of sources everywhere all you need is just to gather these and apply when you are already start to make a trade.

Also, don't hesitate to ask the people who are already a senior to trading because they know how does it run already.

Again be careful to those people who are pretending they may help you instead they have a bad intention.

Lanatsa

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Quote from: chaser15 on October 07, 2020, 03:43:55 PM

Quote from: goldade on October 07, 2020, 03:26:11 PM

It is absolutely true one shouldn't trade inexperienced. Trading requires certain knowledge of the market and skills and it is imperative that one should take time to acquire all this.

Do professional traders do have experience when they start trading?

How come a new player can make their own experience if you will suggest to them that they need experience before trading?

Let them trade even they will commit mistakes as it's usual and common. After a long period and still, they didn't improve then that's the time they need to stop doing trades.

The same goes for staking. Build experience and be familiarized with worthy coins to be staked.

People doesn't really think first before they do open their mouths and suggesting things which are really contradictory on what are the things that they do like to happen.

Nothing indeed starts on being a professional in all sorts of things in life.We do all pass as a newbie and becoming good at it will really be needing experience and knowledge
which basically means that you would need to engage rather than on avoiding it just because you don't like to lose.

Staking is somewhat on the passive side but we know that not all would really be that worthy and also it does really require big amounts of capital to stake out coins
and for you to be able to feel the profits.

BuNga_cute

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I agree that people who have no trading experience should not trade first, because you will only experience losses if you force trading
without experience. You must first learn how to trade properly, after that start trading with small capital. And staking coins is indeed
a good choice besides trading to be able to make a profit, but not all coins are good for staking. So to be able to make a profit from staking,
first research and analysis is needed of the coins that we are staking.

chaser15

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Quote from: goldade on October 07, 2020, 03:26:11 PM

It is absolutely true one shouldn't trade inexperienced. Trading requires certain knowledge of the market and skills and it is imperative that one should take time to acquire all this.

Do professional traders do have experience when they start trading?

How come a new player can make their own experience if you will suggest to them that they need experience before trading?

Let them trade even they will commit mistakes as it's usual and common. After a long period and still, they didn't improve then that's the time they need to stop doing trades.

The same goes for staking. Build experience and be familiarized with worthy coins to be staked.

goldade

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Quote from: Becky666 on September 16, 2020, 03:17:47 PM

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now, how do metamorphosed to become experience in trade?.

Does it mean inexperience traders aren't born to trade?.

It is absolutely true one shouldn't trade inexperienced. Trading requires certain knowledge of the market and skills and it is imperative that one should take time to acquire all this. It is also true that rather than trading inexperienced, one should stake coins because it is way less risky than trading.
But then, I do believe that it is actually inexperience to think that all coins can or should be staked. An experienced person would know that not all coins eventually give profits when staked and would know which and which to actually stake.

pankowri

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I agree with don't trade if anyone inexperienced but can't agree with stake all types of coins. Because it
Is no doubt that lackings of experience increase the chances of loss in investment. One should not go to vast investment in primary. First take time and practice
more then invest a little to check how fit you are. Some of
the coins are not right to stake because they haven't
worthy characteristics so those coins who have the chances to make profit can stake otherwise not.

ipanks

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Quote from: AakZaki on September 26, 2020, 12:33:12 PM

Quote from: Salauddin1994 on September 24, 2020, 02:43:05 AM

There are risks involved in doing business it is not possible to do business without risk there are many traders who do not know about the market in which case they lose a lot of money. Therefore for those who have less business skills and inexperience it is better to do long-term business without risking the coins the risk here is low and investing in bitcoin currency does not require skill.

In general, investing does not require skills, but it does require money. But a good and correct investment is to do research on the digital currency or Bitcoin that you want to invest in, you must know the details. Don't just invest without having future plans. Entering at the right time will be more profitable when starting to invest. Keep in mind, however, that investing in cryptocurrency carries a high risk.

Investing requires knowledge to know which coin you can buy. Without knowing the right coin, I don't think you can make a profit in the investment. Investing in bitcoin will also need knowledge because you must know when you can buy bitcoin. Most people say they invest in bitcoin, but when the price is down, they panic and sell their bitcoin at any lower price. We need to have a plan in the crypto investing because it will allow us to sell our assets when the price is at a high price.

CoinSmash

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Yeah it can be a big problem is you're new and think it's easy to make money without understanding the market properly beforehand.

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Quote from: Shimmiry on September 26, 2020, 10:58:40 AM

Quote from: Renampun on September 24, 2020, 06:06:49 PM

Quote from: Becky666 on September 16, 2020, 03:17:47 PM

...
Does it mean inexperience traders aren't born to trade?.

I think trading skills are not a talent...
talent is an ability from birth whereas trading is different, trading is basically using mental and analytical, if you are unable to control your emotions then don't try trading, learn to control your emotions first then you can trade.

Indeed, but skills and talents are sometimes or maybe most of the time can be associated with each other on any activity or task. In this time, in trading, talent can also be shown from trading, there might be some signs when someone was a kid, something that can be a sign that he can be a good investor or particularly a good trader. Hmm, I think talent and skills are pretty close with each other.

You mean natural talent or inborn capabilities? We do know things like these do exist but that wont really be molded up if someone wont consider nor try to test it out but eventually as ahead of someone, you can really see the potential of some people by just looking on how they do things.Skills are attainable by continuous training and engagement while talent is a natural thing inside of you which would needed also to be molded
or enhance just like on skills.Same as you said, i do also consider that these both things are just similar on bigger aspect.So its up to you on how you do utilize those talent into something more effective
and beneficial for your part.

Quote from: AakZaki on September 26, 2020, 12:33:12 PM

Quote from: Salauddin1994 on September 24, 2020, 02:43:05 AM

There are risks involved in doing business it is not possible to do business without risk there are many traders who do not know about the market in which case they lose a lot of money. Therefore for those who have less business skills and inexperience it is better to do long-term business without risking the coins the risk here is low and investing in bitcoin currency does not require skill.

In general, investing does not require skills, but it does require money. But a good and correct investment is to do research on the digital currency or Bitcoin that you want to invest in, you must know the details. Don't just invest without having future plans. Entering at the right time will be more profitable when starting to invest. Keep in mind, however, that investing in cryptocurrency carries a high risk.

Lol! It doesnt need skills? Its logical that everything does need money yet you wont able to invest if you have none.Then whats the next thing you would gonna do if you do have the money?
You cant just say that you would invest without even thinking with some considerations which is totally bullshit. skills do enclosed all the different factors needed because people cant just
make out an action without doing analysis which is considered to be a skill.

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Quote from: Salauddin1994 on September 24, 2020, 02:43:05 AM

There are risks involved in doing business it is not possible to do business without risk there are many traders who do not know about the market in which case they lose a lot of money. Therefore for those who have less business skills and inexperience it is better to do long-term business without risking the coins the risk here is low and investing in bitcoin currency does not require skill.

In general, investing does not require skills, but it does require money. But a good and correct investment is to do research on the digital currency or Bitcoin that you want to invest in, you must know the details. Don't just invest without having future plans. Entering at the right time will be more profitable when starting to invest. Keep in mind, however, that investing in cryptocurrency carries a high risk.

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Quote from: Renampun on September 24, 2020, 06:06:49 PM

Quote from: Becky666 on September 16, 2020, 03:17:47 PM

...
Does it mean inexperience traders aren't born to trade?.

I think trading skills are not a talent...
talent is an ability from birth whereas trading is different, trading is basically using mental and analytical, if you are unable to control your emotions then don't try trading, learn to control your emotions first then you can trade.

Indeed, but skills and talents are sometimes or maybe most of the time can be associated with each other on any activity or task. In this time, in trading, talent can also be shown from trading, there might be some signs when someone was a kid, something that can be a sign that he can be a good investor or particularly a good trader. Hmm, I think talent and skills are pretty close with each other.

DutchFinity

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Quote from: Becky666 on September 16, 2020, 03:17:47 PM

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now, how do metamorphosed to become experience in trade?.

Does it mean inexperience traders aren't born to trade?.

Inexperienced traders that stake their coins will never become experienced traders. It is however true that trading isn't for everyone. I'd rather invest in solid projects and stake my coins than do trading in the fast lane. That has to do with my skills and personality. But I have to admit that day traders I know have been more succesful. Although: we always hear the success stories. People tend to keep silent about their failures.

whyrqa

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Quote from: jostorres on September 25, 2020, 02:03:45 PM

Anyone that wants to be staking should first read and understand how the staking works before they start staking their tokens. And most platforms don’t give much return when you’re staking BTC and some of these top coins; You’re mostly to get more profit if you’re staking a token that belongs to that platform.

It’s just like this crypto.com, they allow their platform users to stake coins and get profit back, and they promise up to 18% per annum which is not true for every coins, except if you’re staking with their own token that belongs to their platform which is known as CRO. And there are also conditions for it, so you have to be aware of all that.

It is generally unacceptable to place bets without some experience. In this case, luck simply won't help. This activity can only be carried out by those cryptocurrency users who really understand what they are doing. In my case, it is better to choose trading, not bets, But even trading requires more attention, time, and most importantly, knowledge and experience in order to make good profits, not losses.

jostorres

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Anyone that wants to be staking should first read and understand how the staking works before they start staking their tokens. And most platforms don’t give much return when you’re staking BTC and some of these top coins; You’re mostly to get more profit if you’re staking a token that belongs to that platform.

It’s just like this crypto.com, they allow their platform users to stake coins and get profit back, and they promise up to 18% per annum which is not true for every coins, except if you’re staking with their own token that belongs to their platform which is known as CRO. And there are also conditions for it, so you have to be aware of all that.

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Quote from: Rosilito on September 24, 2020, 10:17:58 AM

Quote from: Becky666 on September 16, 2020, 03:17:47 PM

-
Does it mean inexperience traders aren't born to trade?.

Ofcourse, not. Tell you what, no one became that good in trading without making a mistake. Besides, trading isn't a risk free venture though, it was and would always been entagled with risk, even those experienced individuals tend to commit such mistake Tongue

. So, don't expect that you'll be to avoid one. And who knows? You might achieve amazing feat here, if you'll just set your mind into it.

No one is born to trade. Only sociopaths who have no emotions would be the ones able to trade,,, in fact I think it is a good business idea to hire sociopaths only but the problem is they are also not motivated by gains so will not be enthused to trade for profit;)

Even so, without emotions, you still can get caught out.

Restmand

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Quote from: Becky666 on September 16, 2020, 03:17:47 PM

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now, how do metamorphosed to become experience in trade?.

Does it mean inexperience traders aren't born to trade?.

I am really happy to know my friends who wins on trading, posting the the graph and the earnings they got from their trades. Me myself how many times traded coins on binance but still keep on losing my money. Although I studied on how to win on trading but I am still greedy that is why I did not win. I stop trading now because it is not easy to trade and there are lots of things to know and to study before we become wise on trading.

Renampun

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Quote from: Becky666 on September 16, 2020, 03:17:47 PM

...
Does it mean inexperience traders aren't born to trade?.

I think trading skills are not a talent...
talent is an ability from birth whereas trading is different, trading is basically using mental and analytical, if you are unable to control your emotions then don't try trading, learn to control your emotions first then you can trade.

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Quote from: Oilacris on September 23, 2020, 06:52:54 PM

Quote from: nelson4lov on September 23, 2020, 05:26:00 PM

(..)

~Snipped

Staking rather than trading? Its an option but wont really be that much ideal if we compare the profits made by trading and the profits made by staking.

That's true. The concept of staking tokens to earn rewards was originally created to reward holders (or hodlers) of project in question. Here in crypto, we have both traders and investors and while everyone can't be a trader (A full-fledged at least), staking incentivizes them to hold their favorite tokens and get rewarded for it. So it's a win-win situation for long term investors. Aside from the incentives earned for staking it also comes with its own risks which happens when the value of the tokens drops significantly.

Trading has more potential profit margin if done right but a lot of people chose the staking option since it has less risks and requires little to no technical knowledge.

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Quote from: Janation on September 24, 2020, 03:19:25 AM

We all started to be inexperienced.

But that doesn't mean that they can't trade. They can start small and make it bigger as they go or as they feel the changes in the market. Trading is not something that could give you a profit through time so if you ever feel a loss, or maybe lost to what you are doing it is not wrong to ask for help. Mistakes and losses are inevitable, hence look at it as a lesson not a reason to stop.

it is true, we are started from newbie and we need to learn in order to master it. people can not master it with just glance of eyes, mastering something requires you to patience and it takes effort and time. by learning we can gain knowledge as far as we goes and it will worth it later on in the future

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