Learning Crypto trading as a beginner - page 11.

BlueStackz

legendary

Activity: 1204

Merit: 1028

Quote from: pitiflin on May 13, 2018, 02:21:47 PM

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

Who said that people learn trading through a hard way? Trading is hard,make no mistake,but learning how to trade is comparatively easy. The protocol here is that people might not always profit(be it for any type of investment).

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

But the truth is that Crypto trading is very easy compared to forex/stock-market.
You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

Lies. Stock trading is almost just the same as crypto,but with forced regulation and with the involvement of brokers. Don't confuse/mislead people. As it is,they are already way too dumb.

Any trader,should have his own rules/policies and strategies. Its up to that very trader, that me makes the wise decision even in unfortunate circumstances. The trader must know his shit.

A lot of people learned the hard way by not actually doing some research to learn how to do analysis, make use of indicators and then what they learn the hard way is not the trading but the fact that they can never do it without learning first.

Like you said, learning is easy but people make the mistake of thinking they can do it on their own and that is not possible. Even after learning, you will still be making some terrible mistakes you will learn from to build confidence, so, let's imagine someone who now has no knowledge at all whatsoever.

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

Actually the basic concept of trading is not complicated and quite simple 'buy when the price is cheap and sell when the price is high' this is the basic theory that should be noticed by every new user. But the rest is the science of practice, in practice one will find new things that must be noticed when doing day trading. Actually the concept of trading cryptocurrency with other trading places like forex does have similarities, just different terms only.

ShineftChaos

full member

Activity: 378

Merit: 100

I LOVE ADABS

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

You will learn trading from your experience and that is the reason why should always read different speculations in the market, in order to have a background on what is happening on the entire world today that is affecting the cryptocurrnecy market.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

You are right that the one who learns it the hard way often makes less/no mistakes of the same kind again. I believe it is necessary for a person to loose a small amount of money in the beginning of their trading so that they learn it from their mistakes and develop their capability to handle losses.
It is needed for the beginners to learn how its done and gather as much knowledge as they can before they start with trading. Learning shouldn't stop with that. Crypto market is heavily influenced by the news which is why we must be up to date with crypto news to act according to the situation and plan our moves ahead. Only then we will be able to make some money out of trading.

BaraxLo

hero member

Activity: 910

Merit: 512

Quote from: bill gator on May 13, 2018, 02:06:25 PM

A lot of what I have learned about Crypto trading mostly makes me believe that it is primarily a gamble, even if you are doing well in this instance. Even if you are good at calling the markets, all it takes is a few bad trades at the wrong time and your capital/coin is severely diminished. I've had highs and I've had lows attempting to trade coin for a profit, catch the reversals, ride the trends and even follow tipsters that were "reputable". All I've come to realize is that it seems like simple HODLing yields tremendous results if you are simple looking for an increase of value. These highs and lows may not play into your favor, but HODLing for a couple of years always has. My suggestion, if you are planning to start trading crypto for a profit is to do some research and practice on dummy accounts or with fake money. There is nobody that knows enough to know what is going to happen next definitively.

It is bro, a huge level of gambling but an educated one. The fact here is that you have to leave out emotions totally from your trading and trade based on your strategy most especially when it comes to stopping loss. You cannot always have it 100% but at least with a good strategy, you will be having more profit than the little you are losing at the end of it all.

You will only end up over working yourself if you just believe it should be right every time. The only people who are not gambling here are the whales and institutions, we are just here trying to follow the trend to see where they want to lead the market with our little trading education.

brightMan

jr. member

Activity: 82

Merit: 1

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

Hard way is something that you can do best if you eventually stick with the books to know what you are doing or if you actually used the books first. I have never seen anyone without some gaining of knowledge on how to use some indicators to depict the market movement. Sure, these things are not easy to make decisions; most especially when the market is not going in the direction you please, but this is something you will have to learn from your mistakes even after learning.

Phuongph1985

newbie

Activity: 56

Merit: 0

I am agreed with you. I lose lots of my profit

jeff.h81

newbie

Activity: 3

Merit: 0

In my opinion crypto trading is more risky than forex trading due to its volatility.

hispout

full member

Activity: 308

Merit: 101

Quote from: Prince Edu17 on May 18, 2018, 05:14:02 PM

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

This is Right, I also learn Crypto Trading without any help from anyone, just explore but always remember Buy low Sell high to get a profit

Knowledge is the only key to success when it comes to that of the trading as this is the only thing which makes the difference at the end and that you need to keep on working harder to gain as much information and knowledge as you can and that you need to stay active all the time. learn and then start your carrier by making small investment in the beginning while focusing on gaining more experience.

hurriebra49

member

Activity: 280

Merit: 10

Yes I think all information is good you are giving and it is very helpful for beginner’s and some other ways of learning also good to use some YouTube channels are helping too much and some other websites have a great information which give great help to the new beginner traders,

mudasarali43

full member

Activity: 420

Merit: 100

I think the best way of learning is do trading with own hands but trade with very little amount at initial stage and after that when you can do it again and again you will know well and also attach some good channels which you thing these are good for learning may be it is YouTube channel or any other platform,

Ems30

newbie

Activity: 196

Merit: 0

Quote from: fishball on May 13, 2018, 10:09:52 AM

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

The best thing to do by a beginner is to first improve his/her knowledge about bitcoin. Read an article, watch videos and ask for those who are highly educated on bitcoin to lessen the risk of getting frustrated about bitcoin.

You gonna right,,,earning knowledge is the key to foundation to build your personality through your learning attainment,,, even if
with the Prof.person will continous learning,,,because through of this you will aware to do your move(when you play at crytoworld),,and avoid to from lose and mistake,,,specially in trading method, whether its hardwork to do the task and challenging.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: befriendmywater on May 19, 2018, 12:16:44 AM

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

Experience is an interesting thing, but it will not bring too much experience for this job. Because I have seen so many people repeat their mistakes and can not improve.
I think this work needs a philosophy of study. Because the philosophy will help you be more consistent in investing and always think well about it. It will not bring bad mood to traders when the market goes down. So I think we should look for a top course before deciding on investing.

Investors can really be classified into different behaviors and mentality thats why we do see successful ones and those who failed down no matter what they do.Some of them do play safe by just simply holding into the coins that they do posses and some have the risk factor to go with the volatility of crypto yet they do able to see opportunity on making money with such movement. Forex and stockmarket is different with crypto when it comes to stability but we do know which one do have the edge when it comes to profitability but also with the level of risk as well.

befriendmywater

member

Activity: 658

Merit: 10

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

Experience is an interesting thing, but it will not bring too much experience for this job. Because I have seen so many people repeat their mistakes and can not improve.
I think this work needs a philosophy of study. Because the philosophy will help you be more consistent in investing and always think well about it. It will not bring bad mood to traders when the market goes down. So I think we should look for a top course before deciding on investing.

BigBos

sr. member

Activity: 1974

Merit: 450

Quote from: jrrsparkles on May 14, 2018, 01:22:35 AM

Quote from: jlong187 on May 14, 2018, 12:51:03 AM

It is always more beneficial to learn through your own experience, but as you said, it is harder and longer than anything else.

Yes,practice makes a man perfect but as a beginner he need to learn trading by investing very little amount on the trial basis.And also we need learn own strategy to be a successful trader and need to be clear that long or short term trading.

well, as long as they practice, little by little, they will surely know what to do. sometimes, someone who is just trading, is in too much of a hurry and makes big investments. they should do it little by little, it will make them grow in this case.

Indrawan77

hero member

Activity: 1274

Merit: 516

Trading can't be said as an easy things, there are so much to learn before you can make profit in trading, if trading is an easy thing there won't be any people losing money because of trading, and the best way to learn is to do the real trade, learn by experience is the best way to become a good trader

intoy_victor

member

Activity: 266

Merit: 16

If you learn how to cryto trading with no guidance I'll a sure you will lose lots of your profit. Because you will try and try till you learn. Just what I did I lose lots of my profit. But now I just teaching my friends how to trade.

I suggest you to learn more first about crypto or what coin you will trade. Canvas what site will fit for you and lastly be patient.

Prince Edu17

member

Activity: 420

Merit: 28

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

This is Right, I also learn Crypto Trading without any help from anyone, just explore but always remember Buy low Sell high to get a profit

kimochidesh

sr. member

Activity: 518

Merit: 257

There are some basics of crypto market investment that a person should familiarize him with before he starts trading in the crypto market. The basics are, not to invest more than what you cannot afford to lose, always diversify your investments in order to minimize the risks, and the higher the risk the greater will be the return. Rest knowledge about market trends, technical analysis and charts can be known as the investor starts trading.

CryptoAssasin

jr. member

Activity: 308

Merit: 4

MenaPay - Crypto made easier than cash

I agree with your statement. For me, forex is more complicated than trading an altcoin. I started my trades in etherdelta and no one teaches me in person how to do trades. I just watch a video on youtube and after navigating the tools, I realized that it was super easy! All you have to do is apply a simple math when trading. When you started your first trade, it will be applicable to other trading platform. A simple click on color red and green with the math. Wink

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