Newbie should trade or not? Please give me idea. - page 23.

Faxmate

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Quote from: Ipwich on April 01, 2019, 04:52:19 AM

Quote from: ?? on ??

I will direct you to the point that if you have no experience in trading and you are a newbie also its better to learn about trading and how it works before putting your money in the platform and avoid complaining if your loss your money in one day. Grin

Some wants short cut in trading, they think it's easy to make money and they can make it instant, but the reality will tell them it's not.
We start as newbie, so we do not have to rush things, let's study trading carefully, we will experience loses but that is normal, what's necessary is we learn.

In trading you will have to be patient and never try to take short way to become rich as we know crypto currency trading needs allot of knowledge and skills to get success in, so new traders should try to increase their knowledge and information before they get in, lose is only because of our fear and untruthful nature, so be patient and trade normally.

Ipwich

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Quote from: ?? on ??

I will direct you to the point that if you have no experience in trading and you are a newbie also its better to learn about trading and how it works before putting your money in the platform and avoid complaining if your loss your money in one day. Grin

Some wants short cut in trading, they think it's easy to make money and they can make it instant, but the reality will tell them it's not.
We start as newbie, so we do not have to rush things, let's study trading carefully, we will experience loses but that is normal, what's necessary is we learn.

conected

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Quote from: ?? on ??

I will direct you to the point that if you have no experience in trading and you are a newbie also its better to learn about trading and how it works before putting your money in the platform and avoid complaining if your loss your money in one day. Grin

- The basic knowledge to start trading is a necessity and newbie must know, if newbie is not clear about this knowledge and continues to participate in trading, their results will be like you said, losing money then complaining constantly about trading. And as soon as newbie knows the principle of this job, they should also be prepared for the loss because newbie in the early stages with too little experience and knowledge, this market can trick them into trapping but they need to accept and face when it is a necessary condition for them to mature in trading

wxa7115

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Quote from: Daboy_Lyle on March 24, 2019, 09:45:36 AM

Newvie should trade because everyone comes from a newbie. It is better for newbie to have experiences and learn to be wise when ot comes to trading. Big time trader now are from a newbie like what I've said before. Trading big amounts are not recommended to newbie because trading needs experiences and strategies to have larger benefits and to aviod losses.

It is true that at the beginning we were all newbies and we didn't know how to trade correctly, however those that really learn and are able to extract profits from other traders are those that learn a lot before they even make their first trade, but that is not the attitude of most traders, they do not even read a book about the subject before they begin to invest all the money they have in the world in a market that they do not understand.

And that is a recipe for disaster because it is going to be impossible for a newbie to make money when there are so many whales and experimented investors in the market that are only looking to make profits out of people like them.

atjiat

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Quote from: ?? on ??

I will direct you to the point that if you have no experience in trading and you are a newbie also its better to learn about trading and how it works before putting your money in the platform and avoid complaining if your loss your money in one day. Grin

The fact is that even a novice with the current state of the cryptocurrency market must be careful and use minimal amounts in their deposits, in order to avoid the loss of their assets. Already many times but also professionals have argued that daily trading should be about 5% of the total amount of the deposit.

yvesp110

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Quote from: ?? on ??

I will direct you to the point that if you have no experience in trading and you are a newbie also its better to learn about trading and how it works before putting your money in the platform and avoid complaining if your loss your money in one day. Grin

Good idea mate before getting into trading it is very important to have knowledge and information about trading and know what actually trading is, it is good to gain smart skills and be well trained trader, then gradually you will become expert one, put your money in promising coin, which is bitcoin of course and then hold to trade for long term patiently.

Daboy_Lyle

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Newvie should trade because everyone comes from a newbie. It is better for newbie to have experiences and learn to be wise when ot comes to trading. Big time trader now are from a newbie like what I've said before. Trading big amounts are not recommended to newbie because trading needs experiences and strategies to have larger benefits and to aviod losses.

lienfaye

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Quote from: ?? on ??

Newbie should trade but should start to trade with a very small amount first to gain some experiences first, after that you can gradually increase the risk by increasing the total amount and go from there, and you should never increase the total investment if you haven't gain much experience yet.

You're right, I also started my journey as a trader with small amount and the purpose is to experience the actual trade and the emotions that you would feel when you need to decide of the strategy to apply.

But before trying, its important to gain knowledge first by searching of the do's and dont. Its fine to commit mistakes as a newbie because thats how you will learn and its quite normal. As time goes by your knowledge will go deep that can lead you to become an expert trader.

D3m1r4wanti

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Quote from: Capt00 on February 20, 2019, 10:01:27 AM

It's a very well said dude, you are right. Newbies need to know more cryptocurrency of each characteristic on it and how they work their platform, of course, profitable as well. Though it is not just easy to learn if you don't have enough skills in trading then you should stop and take time to learn more about it. I think the best to build trading skills here in the forum.

skill in trading is very necessary, especially for beginner traders. actually there is no term beginner in trading, if they already know about the characteristics of crypto currencies and have good analysis and predictions, then actually he can become a reliable trader.

CoinChili

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It is all about determination, man. If you are willing to lose and win at the same time while trading, then go ahead. Take a step forward to attain your goal. If you can not achieve success if you will not go out to your shell. Goodluck.

ajdaj

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Quote from: Eildosa on March 23, 2019, 11:39:56 AM

Read about the basics of trading, about the various strategies and try them on yourself. Choose the one that will be most convenient for you and can trade.

Of course, the theory should give the main direction for a beginner in the trade, but the most important aspect for a novice trader is practice. Thanks to trading with the help of a small start-up capital, the trader will learn and develop certain views and approaches to trading. here you can even say that in the process a newcomer can work out his own personal strategy, which can be quite effective.

Eildosa

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Read about the basics of trading, about the various strategies and try them on yourself. Choose the one that will be most convenient for you and can trade.

Slark

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It is very good that you have decided to deal with this kind of earnings on crypto. I think it is the most promising now. It has been quite some time since writing your post and I would be interested to know if you have achieved any success in trading.

Bitcotalk

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Quote from: richcorner100 on March 03, 2019, 10:19:16 PM

Yes you should be have knowledge about trading because from the fluctuacion of crypto we can make good money. We can make money in crypto from uptrend or downtrend , if the price uptrend buy some potential coins and sell it after target profit achived and then shorting the price if the trend is bearish. Never hold any crypto without risk management.

Even if you do have the basic knowledge about trading, and if you are doing the day trading, you would not be satisfied for one reason that is there are those who prefer to go for the long term thing by which I mean they hodl their coins for long and long and this leads to one thing called whooping profits. So a day trader despite making quick money might feel the inferiority and would never be satisfied. Lasting long is equivalent to pleasure.

wxa7115

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Quote from: Activitycoin on March 09, 2019, 12:04:17 AM

Quote from: cydrix on March 03, 2019, 07:16:38 AM

Newbies should learn the basics from the very beginning, it is the foundation of knowledge and after you learned it you can adapt to any circumstances while having some minor issues you must stay calm and don't let your emotions carry you away from your goal instead of fearing it might burn you just leave it be and wait for it shine at a very bright time. After learning the basics you can make some experiments after and gain knowledge by trading for a change.

Not all new investors and traders use to lose but only those who don’t know how to deal with time to time price change, if you are new try to get knowledge before you start trading and then even after having knowledge make user you trade for long term because it will help you avoid any mistake and to be emotional, for new traders long term trading is best option.

Most investors and traders lose money, there is no way around that, if you want to win money in the market of cryptocurrencies then that money must come from the pocket of another investor, this is not always easy to accept since that means that any profits you make come from a trader losing money, but it is their fault for trading without any knowledge, I have seen people trading after just watching a few youtube videos and as you may guess the whales have a very easy time getting the money of those investors.

So the only way to become one of the few traders that make money out of this market is to study harder than your competitors and have more skills than them, if you are incapable of doing this it will be better for you to not trade.

neonshium

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Quote from: airdagon on March 05, 2019, 11:20:00 PM

My advice is that you better learn first about crypto, risk, money management because all three are very important, without knowledge you will suffer losses, because in the crypto world is very cruel

That is how things work in the first place. You cannot succeed in life if you do not prepare for what is coming and if you are unable to anticipate and speculate the coming events, you might not end up making a good strategy so it is very very important to be active and learn before you start trading.

It does not matter if you are a newbie. What matters the most is your strategy and your knowledge about the thing you are dealing with. Good would be if you start with coins like ETH or ripple.

sidkz

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Now it is better for a beginner not to start trading because you will only lose your money, you need to wait until BTC will surely go up, and at that moment start your training
At this time, you can study cryptocurrency, it is useful for you.

enawati

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The trend of crypto always changed so you should be trade to make profit and to avoid lossing money. Learn first technical analysis, risk management and trading plan, if you have limited times to trade you can do swing trading by spend only 1 hours aday.

yvesp110

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Quote from: redsun114 on March 11, 2019, 08:08:37 AM

Quote from: Aivaryamal on March 04, 2019, 10:51:42 PM

A beginner in any case, if he wants to earn in the digital asset market, he must learn the basic rules and follow them

Of course they should trade. Everyone here who is an experienced man had tough times with trading in the start. This is something you learn by doing. You should be clear about your visions. Have a strategy. Try to learn about the target and stop phenomenon because that is what helps you in adversity.

Cashing out after you meet the target is a good thing. It helps build confidence in you and prepares you for the big hands on trading.

For sure we are not having any kind of knowledge from birth every one will have to struggle for gaining experience and for this it is very important to take start, new traders should only try to get fine knowledge about trading and then should trade for long term, time makes everything good so yes new traders are very important for price quick recovery, it is best time for them to invest.

redsun114

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Quote from: Aivaryamal on March 04, 2019, 10:51:42 PM

A beginner in any case, if he wants to earn in the digital asset market, he must learn the basic rules and follow them

Of course they should trade. Everyone here who is an experienced man had tough times with trading in the start. This is something you learn by doing. You should be clear about your visions. Have a strategy. Try to learn about the target and stop phenomenon because that is what helps you in adversity.

Cashing out after you meet the target is a good thing. It helps build confidence in you and prepares you for the big hands on trading.

Topic: Newbie should trade or not? Please give me idea. - page 23. (Read 33481 times)