Topic: Newbie should trade or not? Please give me idea. - page 4. (Read 33422 times)
Theres no problem at all if a newbie decides to trade; as a newbie; irrespective of the knowledge or lessons you have gone through; if you don't trade (in practice); you will never learn. Newbies should trade; if you have wins or profits; celebrate and take note of the process; if you have losses; also take note and point out your mistakes. Most importantly; always do your own research and ensure that you are consistent.
Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots. 
People comes here like born to a children but success depends on her work..If any work hard he can be successful her life..So i advice and recommended to you first research on trading and altcoin and also their Project. So first read other post or carefully and focus on crypto market.Other you will be lost so huge. i advice to control emotion and be positive.I hope you will be successful one say so work hard.
Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.
First i tell every trader started in Newbie. You tell that you hold ont and dog. If you want to be a good traders you need to trade every day. Have many YouTube videos and article that give trading signal and advice. You need to follow for develop your skills. Always you should trade for earning. You don't hold ont and dog only need find good coin and hold or trade. If you want trade you need focus earn some satoshi. Hold for long time for big profit.
Beginners should trade or not, why not because everything starts with beginners and continues so that they become professional traders and master it.
the most important thing is that you have sufficient knowledge before starting trading and must master everything related to trading, besides that you also have to understand the risks that will be faced mentally.
the most important thing is that you have sufficient knowledge before starting trading and must master everything related to trading, besides that you also have to understand the risks that will be faced mentally.
mistakes that often Newbie do when going into trading for the first time is;
For newbies, before trading, prepare yourself by managing trading risk management, then investing more in your knowledge..
- lack of experience and mental readiness
- consider trading just a matter of buying or selling
- immediately panic sell when the price drops slightly
- when loses, immediately thinks that trading is not suitable for him/her
For newbies, before trading, prepare yourself by managing trading risk management, then investing more in your knowledge..
Of course, it's good for newbies to try trading, because even professional traders have started from newbies.
The most important thing for newbie first time trading is to use money that we can afford to lose, and start with small capital first.
For newbies, it must be difficult to make profit from trading, it's okay, when you first trade, you must have difficulty.
The most important thing is always do your best, I'm sure newbies will eventually understand how to make money from trading.
The most important thing for newbie first time trading is to use money that we can afford to lose, and start with small capital first.
For newbies, it must be difficult to make profit from trading, it's okay, when you first trade, you must have difficulty.
The most important thing is always do your best, I'm sure newbies will eventually understand how to make money from trading.
Everyone should trade. Everyone should build and have their own experience. But, to decrease the possibility or a size of a mistake, one should learn from mistakes made by others. That it trading must be combined with studying. Trade small amounts when studying. It will help to understand easier and quicker what you study. Otherwise it will be no point of reading trading, financial analysis, graphs books. In simple - "you cant learn how to drive a bike if you just read the manual".
Well every trader starts as a newbie there are no trader that didnt start as a newbie, the best way to trade as a newbie is to study first about trading and start trading a few amount of coin or token to avoid a big loss if ever you have made a mistakes, because trading is not a game you can earn or maybe loss your asset if you dont do it in a serious way
This is advice that is well deserved given from you and carried out by all who are just about to do trading. the desire to trade is a positive thing but as a beginner of course it starts with the easy ones first or with inexpensive tokens. at least minimizing the losses that occur if you make a mistake, but you don't need to be afraid to act. because mistakes are very important teachers so that next time you don't make mistakes again.
There is nothing new or old if you have a good business experience everyone will be able to trade by seeing the correct situation of the market to trade any currency one has to proceed by choosing the right method of making good profit losses and gains. Before that there is a need to learn something about trading learn then trade.
As a newbie you can trade but you should gather informations before you go into trading. Talk to legend in the trading world, learn from them and learn from their mistakes, read books, watch videos on how to trade, so alot of research and make sure you have more knowledge about trading. Keep practicing and with time you will become a legend too. Note that everybody learn trading one way or the other.
It really got to depend on our ability, if we are capable enough, I don’t see why we should not trade. However, if we are just starting up then demo should be more preferred. As per rest, it is important to have a quality broker to work with.
Thankfully, I have FXGiants for my comfort and ease. With having tight spread, fast execution of trades and several other benefits, it just plays out nicely for me to bring home noticeable rewards.
Thankfully, I have FXGiants for my comfort and ease. With having tight spread, fast execution of trades and several other benefits, it just plays out nicely for me to bring home noticeable rewards.
Actually trading is all about RISK. No matter how professional you are you can't give 100% assurance that there's no loss. As a beginner, you can join paid telegram groups in which you can learn about trading. There are also groups that provide signals for which coins to buy at what rate & sell at what rate. I think you can start trading at Binance. Signup an account there & join a trading telegram group. Though most of those groups ask for large payment. There are also small groups that take very small fee- like 2-4$ for a month. You can start only with $20- any amount you can take risk. If you want to learn trading you can also contact me. I’ll help as much as possible. No extra charge for me.
Yes, you should obviously engage in trade. Before starting your trade, first you should gather some knowledge and skills on trade. Without any strategy you may loss your fund. You can learn from any familiar trader. Initially you should start your trade with small capital and be experienced on it. Step by step you will be a big trader.
Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.
Every trader started from being a newbie so there's absolutely nothing wrong with being a newbie.
You'd just have to start somewhere and that somewhere is gathering all necessary skills and knowledge required in trading. Digest knowledge on this forum as you'll find many discussions to that effect.
Secondly, although most people recommend demo account, I'd say you start trading with a little amount, one you can afford to lose. Many of those who use demo account get complacent about trading as they do not lose whatever way the market goes. However, if you do have something to lose, you buckle up to try to read the market well.
Thirdly, have a trading strategy that works for you. There are loads of strategies out there. Choose the one that best suits you.
I myself learned to trade on paper.
A great tool, I respect it much more than a demo account, because it teaches discipline and control.
However, a demo account cannot be discounted either, in our world of convenience this is exactly what newcomers need to learn the basics of trading.
This will give less skills than paper trading, but quickly learn how to interact with the exchange.
A great tool, I respect it much more than a demo account, because it teaches discipline and control.
However, a demo account cannot be discounted either, in our world of convenience this is exactly what newcomers need to learn the basics of trading.
This will give less skills than paper trading, but quickly learn how to interact with the exchange.
What is “to trade on paper” ? It this like a game with artificial money? Or simply writing on a paper what you have bought or sold. I dont understand.
Or you simply put on the paper that you have bought something and after some time comparing with real price - was it profitable or not?
Explanation needed
If you don't do anything, how could you learn something? You can start with fake investment or take demo money that is offered by some exchanges.
I do not think that demo account would be the word for that, maybe it is paper trading, with paper trading, there is no risk involve because you are trading virtually. If people are scared of full-on trading then they can do paper trading since they can experience the same thing as real time trading. Always remember that experience is the best teacher.I myself learned to trade on paper.
A great tool, I respect it much more than a demo account, because it teaches discipline and control.
However, a demo account cannot be discounted either, in our world of convenience this is exactly what newcomers need to learn the basics of trading.
This will give less skills than paper trading, but quickly learn how to interact with the exchange.
A professional trader was once a newbie in the industry. What makes a professional trader is hunger for knowledge, consistency, discipline and determination to win.
Therefore, I suggest you first of all get a mentor, someone who's already into the industry. Learn all you could from him/her and then begin to practice what you learn. It will only take time, so remember to be patient enough.
There is a saying that practice makes perfection.
To your success.
Therefore, I suggest you first of all get a mentor, someone who's already into the industry. Learn all you could from him/her and then begin to practice what you learn. It will only take time, so remember to be patient enough.
There is a saying that practice makes perfection.
To your success.
If you are still newbie , I recommend you to learn about the trading. You can study for analysis techniques .
Because, success trader is who have become master analysis techniques. Good luck!
Because, success trader is who have become master analysis techniques. Good luck!
Question is - how newbie wants to get profit from cryptocurrency. If through trading, then it is a must to trade. You cant learn to do something without doing it. And you cant learn anything without doing mistakes. Number of mistakes, amount spent and time are individual. Someone need a week, other a year. But if a newbie wants to achieve something - he must not afraid of doing it.
Here are many advise already given which is useful for new person. For me if you are totally new then spend your time for gaining knowledge about crypto market. This market give you lot of opportunities and that's makes so many possible scam in this field. So my advise is if you are new then don't go with new project. You can only trust in bitcoin. During gaining your knowledge you can hold btc. And once you understand then you can do whatever you want. But always be safe from scammers and fomo.
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