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Topic: Newbie should trade or not? Please give me idea. - page 23. (Read 3589 times)

full member
Activity: 490
Merit: 100
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I think you should do, you have to learn first about trading, have to master all the basics about trading, how to choose good coins in the future and you also need to master the state of the market day by day.
full member
Activity: 350
Merit: 100
For newbie, its ok to trade but make sure to be acquainted in everything you do. You cannot do it without enough knowledge, Because trading is a serious job, It will make you rich if you know how to do it well:)
member
Activity: 126
Merit: 10
I would say no. Even those who have been trading for a long time have not mastered it. You must really know the market and how to read charts to do good trading, IMO. I think hodl would work better. Do a lot of research and get in on that on red (sale) days.
newbie
Activity: 14
Merit: 2
If you want to be a day trader I would suggest you to learn technical analysis. It doesn't matter which coin you are going to trade. Fundamentals are not relevant to succeed in day trading. The most important thing is that you must be able to recognize the patterns and the opportunities. You need to have a set of rules and defined strategies with targets and stop-loss orders.

Start trading with real money only when you understand everything and you have enough practice.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
Hello every body.I am a Newbie. I joined Crytopia about two months ago. I hold CMT and TRX in the Binance and now i want to trade with some coin about: ADA,ETC,... Please help me give some idea i should trade or not? Thank lots of for all.  Tongue Tongue Tongue

Firstly, as you are a newbie, you should learn more about crypto currencies. You can only get profits when you know the markets well. The second thing is that you should learn about the coin you are about to trade, how's it being developed, how's the teams doing or how's the plan doing. Are they doing well, are the plans going the right ways, etc. You can also search for some reviews from other traders who have already traded that coin so that you know how potential the coin is presenting.
Trading is difficult for a newbie but if you do it in the right way, you know what to do and what you are doing, you can still get your profits. Good luck Wink
full member
Activity: 427
Merit: 100
Well, you are newbie who doesn't know even the basics of trading or you are a newbie who has been trading for a while and losing? Well, first of all play with very small amount of money i.e around 5% or less of your portfolio in trading. Learn from it and then use more money as our learn and gain profits.
legendary
Activity: 1148
Merit: 1097
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Easiest way for a newbie is to pick 10-20 coins with potential that are really low and invest in them, hold, some will go xxx% eventually.
Even not those in top, sometime some new launched token were capable also on pumping, If a newbie really wants to start trading then better collect more potential alts its better to have such new coins too since there are more ideas and planned development for it,hold till it fully developed and see how it pumps.
member
Activity: 78
Merit: 10
Easiest way for a newbie is to pick 10-20 coins with potential that are really low and invest in them, hold, some will go xxx% eventually.
newbie
Activity: 176
Merit: 0
 Cry Cry I'm losing money, now can not trade if you are a Newbie.
full member
Activity: 353
Merit: 100
newbie. I think you should learn the experience of others. first hold. and learn the market. Do not trade at the beginning. You will probably lose a lot
full member
Activity: 659
Merit: 101
Hello every body.I am a Newbie. I joined Crytopia about two months ago. I hold CMT and TRX in the Binance and now i want to trade with some coin about: ADA,ETC,... Please help me give some idea i should trade or not? Thank lots of for all.  Tongue Tongue Tongue

Many people have wrong perceptions about trading. They say that trading ua ver easy job. They also say that they can earn easy money on trading. For those who are newbie in this cryptocurrency world, please do not yet try to trade. Your knowledge is still not enough, you will lose your money if you do not have enough knowledge.
No newbie don’t start trading at once he must have to learn at start and then start trading at lower amounts and when he thinks that he can handle the big deals then he must switch to the higher level and still there are many people who are very conscious of making money faster and they start dealing with higher amount in start and face loss an start cursing bitcoin that is their all alone fault so don’t do like this.
member
Activity: 246
Merit: 10
As long as you can afford to invest, you are allowed to trade but if you are new in trading. It's better to learn first before doing any moves. Research about the coins and learn the movement of markets.
full member
Activity: 644
Merit: 101
Fluktuasion of crypto is so high so you have to understand and also have skill how to trade to maximize profit and minimize the risk. All person who jump in to crypto i think learn about trading. But some people does not have time to learn it usually just make investment in long term but that srategy also need trading strategy in fundamental analysis.
copper member
Activity: 70
Merit: 1
My best advice to you as a newbie trader is to not to try and time the market swings. The dips and booms are heavily, heavily manipulated by co-ordinated whales. The best strategy as the common 'meme' goes is to pick some coins you believe in long term and hodl (hold them). Don't go for the coins that have suddenly increased in price. Go for the coins that you have researched thoroughly and believe in.

All of us invested in crypto when we were newbies. Just stay focused and don't sell during the dips. Only ever sell at a profit. And you will be fine. Hard advise to follow especially if you look at the charts all day, but it's what works.
sr. member
Activity: 756
Merit: 252
If you can not swim you do not go to the sea, trading is the same, better go to the casino ..
Great analogy, but people love to do what they know they can't, you suggest them to go to the casino and casino games are also a fast way to lose your money and yet people have the illusion they are going to somehow beat the house in their own games when most people that have ever tried have failed to do it, so this extreme confidence in ourselves is a huge mistake when dealing with such strong opponents.
member
Activity: 294
Merit: 10
If any Newbie want to start trading, they can do it but if Newbie don’t have a any knowledge about Trading, I’m suggest you don’t start trading because if you don’t have a any idea with trading but you start trading you must lose your money so at first you must learn about trading then you start your trading.
hero member
Activity: 1148
Merit: 528
I would like to learn from you, I will learn to evaluate the market and visit both on the Telegram, currently besides Hold coin I also play ICO lending, on that matter, what do you think? Tongue Tongue
I think if you are new to this market then you should not rush into the trade. The first thing you should know thoroughly about how this market, it has risks, how it is profitable .... There are many things you have to learn and learn new. You need to study graph analysis, mass psychology analysis, and you also have the information channels are always updated news quickly.
Be careful. Good luck
Learning is a must in the level of a newbie clueless in the market will end up in a nightmare. Here before anything else you need to consider all those present in the market in particular the market movements like what happens nowadays. Think for the risk vs reward.

Learning greatly influence a life of a person. It can be a secondary learning which is based on what are being given to us and have taught to us. But the best source of learning is the experience. As newbie, i must require you to fail. From that, you will be a better trader,  better persin.

Fair enough a person cannot learn much until they have experience because in any field of life experience is the best teacher that will teach you all ups and downs of business, without experience we cannot get much knowledge so it is the main reason why we should learn from our own experience, bitcoin is something really interesting but for it you will have to know the right time to gain knowledge then trade at right time.
Bitcoin is a nice and the right start up for any newbie. The amount of profit that trader can earn from bitcoin is far greater than any other crypto coin. But it is not that simple. The trader first needs to understand the nature and future of bitcoin.

If he does not trust it, better staying away from it. Patience is the ultimate weapon in this battlefield for becoming successful. Start trading on weekly basis with small amounts.
sr. member
Activity: 882
Merit: 251
Newbie should not trade. They should study hard in order to understand what they are going to start because if the newbies will just jump in and trade without knowledge then it will be the root for them to fall since they don't know what to do. As far as I know trading is a lot of hard work since you need to spend more time in front of your personal computer to monitor

I believe each newbie must read this recommendation. Never start trading until you learn a lot about strategies that you can use to get profit.
legendary
Activity: 2506
Merit: 1394
Yes agreed , first you have to learn the basics of the crypto market, but if you don't start ,you will not get the practical experience .but buddy do the basic first.
I agree on you, specially newbies, they should first learn the basics or they can try free demo, there are some website of mobile apps that you can start a free demo or trial on trading, where you can track your profits/loss real time. Trading is very risky.
full member
Activity: 714
Merit: 100
As far as i know trading is a lot of hardwork since you need to spend more time in front of your personal computer to monitor. And ofcourse before you let yourself in into trading you should be skilled enough. So why not try to study like reading articles about how trading works because as you have said you are just a newbie. Or if you knew someone, might be a close friend or a relative to brief you about trading.
that is right mate, trading is not easy as it sounds and it requires mostly knowledge or understanding about the specific coin your going thru. However it is still possible do to trading as a newbie but only do demo trading first so that your gonna familiarize about the site that your trading at and also doing some research will also improve your trading skills. And lastly , dont be afraid to loose because loosing is normal and it always happen to all of us even if how pro you are you still cant guarantee that youll win or earn oftenly because the market is unpredictable and you dont hold or control its flow.
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