Topic: My newbie trading experience - page 3. (Read 745 times)
I also started trading around 2019, the first coin which I traded was the coin I got from bounty reward which I sold very cheap because that was my first trade and my first time trading which since then I never regret been into cryptocurrency. I believe if you continue trading them you will have more experience, you don't have to feel bad cryptocurrency trading is all about profits and lost but I believe you should make sure your profit is more than your lost. Anybody that's telling you he will teach you how to trade without losing money the person is just deceiving you.
In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance has paid up.
In my trading experience, I lost so much money in the beginning but I don't mind because I gain much experience during the time and that has helped me to profit much and the experience is still with me as a knowledge forever.
In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance have paid up.
Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
You have done what we have always dreamed of doing, starting to trade. I have been trading for a long time but that start was the most exciting thing about it. I believe making that kind of return during a year like this is totally possible and I believe that we would all be doing very well if we just keep our head down and kept trading. I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
The market may not be pretty every day, but it is certain that it is also not horrible looking lately neither. Checking the past year, we could say that 2021 was overall a great year, started at around 30k, and finishing at around 50k is a great return on investment, over 50%+ profit in a single year even if you did not sell at the top. Anyone could have made a lot more than that if they traded well enough, or they could have lost a lot of money during down times as well. Let's hope for another year like this and many profits to come.
I agree 2021 has been the best year so far for crypto trading, compared to previous years, the rise in crypto prices this year has been
absolutely incredible. Although approaching the end of the year the market experienced a decline, but the profit that I have made this year is
quite satisfactory. We really can't expect the market to continue to rise. There are times when the market needs to experience a decline,
so crypto trading must have patience. We must know when is the right moment to buy coins and when to take profit. If by the end of this year
the market has not recovered, I hope that entering the beginning of 2022 there will be positive movements. I believe next year will be better
than 2021, so we can all generate much more profit in the next year.
Newbie luck is the sentence that explains what happened in your case, at the first profitable trade you think about how great your trading skills and you are able to beat the markets. Later it going to be hard challenge due to obvious reasons and bingo you lose triple of your starting trading capital. At least you managed to gain some real market experience.
Maybe but I don't need them to keep that luck every time they go for trading as not all the time it comes. Then, in that case, losses are very often. No, they need to work it hard and so they have to stop thinking about luck in trading. It wasn't a good idea either but a need for them to have the deep market knowledge and of course, they need to have a working and effective strategies as these are a big factor that could affect the results of our trading, yes of course, in a positive outcome. Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
You have done what we have always dreamed of doing, starting to trade. I have been trading for a long time but that start was the most exciting thing about it. I believe making that kind of return during a year like this is totally possible and I believe that we would all be doing very well if we just keep our head down and kept trading. I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
The market may not be pretty every day, but it is certain that it is also not horrible looking lately neither. Checking the past year, we could say that 2021 was overall a great year, started at around 30k, and finishing at around 50k is a great return on investment, over 50%+ profit in a single year even if you did not sell at the top. Anyone could have made a lot more than that if they traded well enough, or they could have lost a lot of money during down times as well. Let's hope for another year like this and many profits to come.
Those who are new to cryptocurrency should not start trading until they have complete knowledge. If you have enough knowledge then you can make small trades with demo account . . You can't get any benefits even if you don't have enough experienced and knowledge.
In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Exactly,the experience was much,the mistakes I made are some of the things that make me do well now.I wouldn't have been able to make the money as I do now if I had not had the experience I had while starting as a newbie.Despite trying many attempts to trade and I will end up loosing,I didn't give up,I was still trying my best,persevering to get to where I am today,and finally,my perseverance have paid up.
In trading, it's important that you'll have the eagerness and perseverance to learn all the basics of it. It's a good thing that despite losing in the beginning, you're able to recover and double your funds. There are already lots of useful resources that you could find online nowadays so learning the basic strategies isn't that hard though it's still challenging. You couldn't earn a huge profit right away but you could recover through step-by-step learning.
Doubled the money. Nice.
But what happened? I can already see what. You want to go to a higher level with a higher profit which could be the reason why you at a particular moment you lost it. It's mostly the error of new traders and dont worry it happens to a lot of newbies.
I guess what you could do is stay at the same pace where you won the trade first. Repeat many times until you get the hang of it.
It doesn't need to be done in a rush because it should not be. Trading is also a fight of patience. Go back on how you did it and explore the difference on how you won the first time but yet rekt it in the middle.
But what happened? I can already see what. You want to go to a higher level with a higher profit which could be the reason why you at a particular moment you lost it. It's mostly the error of new traders and dont worry it happens to a lot of newbies.
I guess what you could do is stay at the same pace where you won the trade first. Repeat many times until you get the hang of it.
It doesn't need to be done in a rush because it should not be. Trading is also a fight of patience. Go back on how you did it and explore the difference on how you won the first time but yet rekt it in the middle.
It's true that we need to adjust the existing market conditions,
and currently trading wisely is what we must do if we don't want to continue to suffer losses,
Hopefully in the near future market conditions can recover soon
Trading wisely will come upon gaining experience in the market after dealing with many losses and defeats. It's easy to say that we should trade wisely and choose whatever is right for us to buy. But whenever you're already there, it's going to be a process that is hard to take. You have to make sure that you can really make use of what you've said of being wise. Try to apply it to yourself and avoid those losses because they cannot be avoided but you can mitigate them when you apply to stop loss. and currently trading wisely is what we must do if we don't want to continue to suffer losses,
Hopefully in the near future market conditions can recover soon
Well its almost a year that has been passed now and I hope that you had amazing journey beyond that period in trading world. Though you have just stated about January trade only I was expecting that you will say something about year through journey and how you improved yourself. A year of work on the trading is also enough to make someone way skilful in the trading market. Choose your path wisely when you are in the crypto space. I mean, sometimes you are getting profits not because we are smart in reading the charts but just because market is over valued and is being in bullish trend but is also hyper inflated. So its very reactive market in the crypto due to its volatile nature and uncontrolled asset transaction. Better keep it optimum when trading the crypto currencies but surely you can gain amazing profits out of it.
It is good sometimes to experience the market without a mentor for you to know the difference between someone that follow the advise of his mentor and someone that follow his own idea to the market. Trading is not automatic in profit making, you must begin with a step before you can become a professional trader in the future.
As a newbie, you need a facilitator who will teach you all the strategies traders use to achieve their goals in the community. Through your facilitator you will know when to buy coins and hold them for profit making . Never you feel you know everything about the market because market can change at anytime.
As a newbie, you need a facilitator who will teach you all the strategies traders use to achieve their goals in the community. Through your facilitator you will know when to buy coins and hold them for profit making . Never you feel you know everything about the market because market can change at anytime.
Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
it is very good when you are able to get more than twice the profit of your capital.I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
in 2021 the coin price movement is very good even almost all coins have increased.
The experience you have had with taking profits and suffering losses is a very valuable lesson. hopefully with what you have been through and the lessons you can learn, you can get a much bigger profit.
Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
Got 2x ROI was already great, just dont be so greedy so you can accumulate profits little by little. If you can recover from a loss then you have great patience usually some people will cut loss when they can't control their panic. But now the market is full of uncertainty so I'm advise to trading wisely and use your money that you can afford to lose
and currently trading wisely is what we must do if we don't want to continue to suffer losses,
Hopefully in the near future market conditions can recover soon
Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
Got 2x ROI was already great, just dont be so greedy so you can accumulate profits little by little. If you can recover from a loss then you have great patience usually some people will cut loss when they can't control their panic. But now the market is full of uncertainty so I'm advise to trading wisely and use your money that you can afford to lose
Sometime early January 2021 I started my trading journey without anyone putting me through, I study the market movement of a particular token and analyze its weekly price volatility.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
I started trading with $200 and within a month I made $450 including my capital. Since then I suffered a loss and have recovered but need trading knowledge that will take me to the next level with high profits.
What specifically kind of knowledge do you need? basic knowledge? but I think you already know the basics probably a strategy? I think you can do the research yourself I see on the tradingview that there are many users shared their TA and their strategies I think you should also discover yourself what kind of strategy you should use in order to have profit. I myself use simple analysis yet powerful such as trend lines, RSI, support, resistance, bb and fib retracement.
that's smooth, my trading experience as a beginner was not that smooth because I made several losses. Indeed, trading is not as easy as I thought and it made me feel motivated to further hone my skills in trading. I realize that trading requires a good understanding of the market where we must be able to determine a fixed time to sell or buy coins. That's where we have to be able to analyze the market well and don't panic if the market is down. keep calm and do your best in trading.
First of all congratulations for your first trading profit, and then good news that you recovered your all lost fund.
Without any experience crypto Trading is very dangerous for your fund, so first need knowledge then start trading. I think you can search some video on youtube that is crypto
trading releted video. Also i heard about crypto trading releted course, you can join, but i don’t know that it is really helpful or not.
Without any experience crypto Trading is very dangerous for your fund, so first need knowledge then start trading. I think you can search some video on youtube that is crypto
trading releted video. Also i heard about crypto trading releted course, you can join, but i don’t know that it is really helpful or not.
There is no impossible for a person who is eager to learn even without the help of others. Trading for me is just easy to understand if a person even a newbie really want to learn about it. The fact is that we can't avoid losses but because of our continuous learning process and trading experience we can avoid excessive losses.
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