Newbie trading believe | Bitcointalksearch.org

Silberman

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Quote from: lepbagong on November 02, 2022, 07:40:08 PM

for beginners getting daily income from trading is very impossible, even professional traders don't always trade every day, they are waiting for the moment
where they can analyze prices and sometimes there are also some traders who make once a month

agree with you that many experienced traders rarely do for day trading because looking for momentum is not something that can be obtained all the time even difficult to get it.
Moreover, we know that the current market situation is not good and the movement also seems not to be enthusiastic, of course it is very difficult to be able to get maximum results for daily trading. be it for those who have experience, even for those who are still trying or beginners.

It is very interesting that the ones that want to become day traders are newbies which do not know a lot about the markets, while those which have in fact taken the time to study them and have years of experience on them prefer to stay away from day trading, and if we take a look at the charts we can see why they prefer to stay away from day trading, the 5 minute chart looks completely random, making predictions about the future movements of the market seems almost impossible with such random movements, so experimented traders prefer to trade longer time frames in which they can actually make predictions and their accuracy is way higher.

traderethereum

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People who come to crypto really hope to make big profits in a short time.
But unfortunately, reality will not always be the same as we imagine.
Therefore, we are required to learn so we do not encounter difficulties when trying to make money.
And if we can learn well in investing or trading, we can make money and even if it's not much, it's only natural because we still have a lot to learn.
You also need to remember that everything takes time and cannot be instantaneous in making money from crypto.

xSkylarx

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Quote from: Cryptomiles1 on November 04, 2022, 04:33:23 AM

Anyone who thinks of jumping into crypto and expect to make a massive gain within 24hrs is not yet ready to be successful because I believe good things doesn't come so easily rather than quality time, although it was possible to cash out daily during 2017 to 2018 because then I could remembered vividly when I invested in newly liste token within 24hrs of my investment I made about 80 percentage of my investment and it was surprised to me. Ever since then I have never seen such opportunity again in the industry rather taking about 1 year or more before you could make a reasonable cashout.

That's what most newbies in trading really believe, because some will just say that it is only about buying at high prices and selling at low prices, but that is not so simple. Trading is really difficult; you need to learn its fundamentals and then make your own strategy so that you can earn a profit from it. With regards to your investment last year, I think it was an ICO. That was the time where you could invest in their presale, which is really nice if you have capital and you could really gain a lot on it.

sulendra12

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Quote from: Nwada001 on October 30, 2022, 04:04:07 AM

No matter how hard things are for you, no matter the circumstances and condition in your company and organization everyone just have to wait till the end of the month before you can ask for your monthly salary.
So why?
Do people comes into crypto space and expect daily cashout 💸 💰 this is one of best lie about crypto Market 🤔 😀
It's not possible to have a daily cashout from the market , but lots of new traders thinks when you invest in Crypto today by tomorrow they should be expecting something huge.

It's possible but really difficult to do it in consistent way, you may get profit consecutively in few days but may lose in next few days. If you expect to get consistent profit from there then it's not healthy to do it at all. Expecting something huge is good but I'd rather to make at least steady income from trading in few month at least rather than chasing for daily profit.

Quote from: Cryptomiles1 on November 04, 2022, 04:33:23 AM

Anyone who thinks of jumping into crypto and expect to make a massive gain within 24hrs is not yet ready to be successful because I believe good things doesn't come so easily rather than quality time, although it was possible to cash out daily during 2017 to 2018

Between that era was really huge for new projects that held ICO when this offer was really fresh and people would jump in to invest in ICO for some quick return. It was really great at that day where you can get profit by just investing few bucks in there, but nowadays most of the projects are shill scammers.

justdimin

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Quote from: Sterbens on November 04, 2022, 03:08:33 AM

Quote from: Mr. Magkaisa on November 03, 2022, 09:45:05 PM

- Any person who thinks that getting into cryptocurrency is an opportunity and that you can make money every day is possible, but you must have enough knowledge or idea about cryptocurrency because you can't make money here without knowing anything. That's why beginners who enter here, should first learn or find out what cryptocurrency is, it's not allowed here if you don't understand the world of crypto.

That's why most people always say "Do your own research" and "Buy what you can afford to lose" So that you have no one to blame but yourself.

True, here anything can happen, but we must have knowledge before actually becoming an investor. Knowledge is an important key that we must master about this cryptocurrency, otherwise the possibility of losing money is very high. If you want to invest here, don't be in a hurry, it's better to be late than to feel a loss because of your own carelessness. Now it's easier to learn what's in this cryptocurrency space as long as we're not lazy to find out something new and learn it.

Unfortunately, in this day and age there are less and less people who are caring about the "knowledge" side of things. The new generation show us (people who are over 30) study and have knowledge and basically get ourselves ready for the world like crazy but still got screwed because wealthy people of the world abused our knowledge and used to make themselves richer while we stayed poor.

So for the new generations like Z, knowledge is not the key, it's "happiness", if we are going to be abused and poor and not live a great life, then why spend 8 hours a day working a job we hate? Just do what you like and be poor anyway, at least you would be poor doing something you love.

Cryptomiles1

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Anyone who thinks of jumping into crypto and expect to make a massive gain within 24hrs is not yet ready to be successful because I believe good things doesn't come so easily rather than quality time, although it was possible to cash out daily during 2017 to 2018 because then I could remembered vividly when I invested in newly liste token within 24hrs of my investment I made about 80 percentage of my investment and it was surprised to me. Ever since then I have never seen such opportunity again in the industry rather taking about 1 year or more before you could make a reasonable cashout.

Sterbens

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Quote from: Mr. Magkaisa on November 03, 2022, 09:45:05 PM

- Any person who thinks that getting into cryptocurrency is an opportunity and that you can make money every day is possible, but you must have enough knowledge or idea about cryptocurrency because you can't make money here without knowing anything. That's why beginners who enter here, should first learn or find out what cryptocurrency is, it's not allowed here if you don't understand the world of crypto.

That's why most people always say "Do your own research" and "Buy what you can afford to lose" So that you have no one to blame but yourself.

True, here anything can happen, but we must have knowledge before actually becoming an investor. Knowledge is an important key that we must master about this cryptocurrency, otherwise the possibility of losing money is very high. If you want to invest here, don't be in a hurry, it's better to be late than to feel a loss because of your own carelessness. Now it's easier to learn what's in this cryptocurrency space as long as we're not lazy to find out something new and learn it.

Mr. Magkaisa

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- Any person who thinks that getting into cryptocurrency is an opportunity and that you can make money every day is possible, but you must have enough knowledge or idea about cryptocurrency because you can't make money here without knowing anything. That's why beginners who enter here, should first learn or find out what cryptocurrency is, it's not allowed here if you don't understand the world of crypto.

That's why most people always say "Do your own research" and "Buy what you can afford to lose" So that you have no one to blame but yourself.

adzino

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Hard to understand what you actually wrote here but I am guessing that you are saying that newbies join the market, starts trading and expects to get rich the next day, right? You are correct. Most of them thinks that crypto currencies will make them rich over night. They go all in, they see the market go down or trade without knowing what they are doing, they end up losing everything and starts spreading negative news about crypto currencies. All new traders should learn the market first and know what they are doing. And "strategies" won't always help you make profits. You will sometimes make losses, but if you are careful, you will know how to cut your losses short.

Rengga Jati

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Quote from: Nwada001 on October 30, 2022, 04:04:07 AM

Do people comes into crypto space and expect daily cashout 💸 💰 this is one of best lie about crypto Market 🤔 😀

Why should be a lie? This is only a lie for someone who doesn't know exactly how to trade but try trading, only expecting high profits instantly.
But, for those who every day are doing trading activities, gaining profits from trading on the market is not a lie, this is a fact, and that is why there are daily traders. I know that everyone will not always take profits when trading, but it doesn't mean that they also don't get profits. A daily trader will always have their own consideration of their gain and loss daily, which is bigger, to be evaluated for the next day's trading activities. That is what to do.

But I know that many newbies are only trying to trade, in order to get high profits, but they know nothing about the market, only expecting luck of getting profits. yeah, if this is what you mean, this is true that this is just a lie.

zasad@

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The history of trading is very long, and people who do not read the classics of trading do not even know that most of the successful traders who were very rich went bankrupt.
In trading, analysts who sell subscriptions to their blog make good money, and a bunch of other brokers who offer services to beginners. Most of the successful traders who call themselves that do not trade in the market, but create companies for investors. I believe in investing, but short-term trading will lead to losses for a beginner.

redsun114

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I see that you are comparing two different things here. You are saying that working on a real job is hard and then it takes time to earn so people here in crypto should expect the same thing. Actually dealing with cryptos can be easy, in a way that our money can work for us. It can generate us passive profits. Crypto movements are also unpredictable.

Sometimes they can pump too much within a short period of time. This is the reason why people's expectations about crypto is so high. Just don't stress your self too much on those people. It's normal for a newbie to think like that but time will come that they will lower their expectations.

Zanab247

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OP, crypto trading cash out is not based on, daily, or weekly like the way some organization used monthly to pay their workers, but in crypto trading you can decide to cash out daily, weekly or monthly if the market price is good to your satisfaction in the market. But the best cash out is long term cash out like one year or two years before you can do cash out, which is the best skills many traders used to make a reasonable income from their trade. If you can use this opportunity to buy some potential coins and hold for the price of that particular coins to increase higher before you sell, it will really help you to understand how people used to Cash out their income in crypto market.

lienfaye

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Quote from: Nwada001 on October 30, 2022, 04:04:07 AM

Do people comes into crypto space and expect daily cashout 💸 💰 this is one of best lie about crypto Market

People with such mindset are those who really don't know what they're getting into and probably became interested to engage themselves because of what they see on social media platforms believing they can earn huge in a short period.

Quote from: Nwada001 on October 30, 2022, 04:04:07 AM

It's not possible to have a daily cashout from the market , but lots of new traders thinks when you invest in Crypto today by tomorrow they should be expecting something huge.

Well, if you did a research before you decided to invest in crypto as a trader/investor, you will understand its nature and won't have such expectation. Because it takes time to profit and it's not easy, moreover it's risky and newbies must be aware of this.

lepbagong

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Quote from: ?? on ??

for beginners getting daily income from trading is very impossible, even professional traders don't always trade every day, they are waiting for the moment
where they can analyze prices and sometimes there are also some traders who make once a month

agree with you that many experienced traders rarely do for day trading because looking for momentum is not something that can be obtained all the time even difficult to get it.
Moreover, we know that the current market situation is not good and the movement also seems not to be enthusiastic, of course it is very difficult to be able to get maximum results for daily trading. be it for those who have experience, even for those who are still trying or beginners.

Silberman

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Quote from: el kaka22 on October 30, 2022, 01:43:20 PM

It is not expected to get daily nor weekly nor monthly and even yearly cashouts neither. Some days you will earn a lot of money and you could cash out during that day, some weeks will be amazing during bull period and you could cash out, weeks even months and years could be good that you could cash out. But this is not the rule, it's the exception.

What you have to realize is that we get just one huge bull run type of year per 4 years, that means anything in between is either going down, or going back up to where it was, and not more. That is why even though there are "some" periods like that, it's usually not like that and would not be possible to cash out.

True, even day traders cannot expect to get profits every day or week, they can spend months or even years without obtaining any profits as the conditions they have to face in the markets are very adverse, it is because of this the community does not really recommend people to quit their jobs and pursue a day trading career, and instead they recommend to do day trading as a side job while you keep your main job, so you can pay your bills during the difficult times that we know will come, so this whole idea of becoming a trader and dominating the markets is simply ridiculous and anyone which actually tries to do it will surely regret it.

Kelvinid

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Quote from: Fundamentals Of on November 01, 2022, 11:42:11 PM

The fault in many newbies is to believe not only that crypto gives them consistent and guaranteed cashout regularly but also that crypto is to make them rich. Just like the former, the latter is also false. They're both false for many reasons. Of course they're wrong primarily because coins aren't really created for the sake of earning. They have a purpose. Although it is obvious that the altcoin market is guilty of making coins to make money, they're also false because this isn't true anymore. Instead of growing in value, many altcoins are dying instead without ever increasing.

And we need to change this outlook but have to inject into their mind the reality about trading and investing. Yes, we can think about earning a profit but the word "instantly" is clearly impossible, unless we carry special luck. But I know suffering losses gives them the idea that they are wrong and put them to realization. And those who will accept and understand this will remains here while those who have not will leave due to miserable experiences. It was the fact that not all are for crypto which is what I really see, some will stay and enjoy, while some will just pass by.

Wakate

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Quote from: Nwada001 on October 30, 2022, 04:04:07 AM

No matter how hard things are for you, no matter the circumstances and condition in your company and organization everyone just have to wait till the end of the month before you can ask for your monthly salary.

So why?

Do people comes into crypto space and expect daily cashout 💸 💰 this is one of best lie about crypto Market 🤔 😀

It's not possible to have a daily cashout from the market , but lots of new traders thinks when you invest in Crypto today by tomorrow they should be expecting something huge.

One of friends will always say "your papa no be the developer". It takes a bigger time frame to make massive profit in the crypto market 📈

But with Good strategies your sure the market will surely favor you. Trade strategically trade wisely.

Jackson Jerry

This is the hard truth many newbies do not want to hear because it really piss them if they see the real truth about the crypto market. It is very funny and will for person to jump on something like investment and start expecting profits immediately when the necessary and time that is need for the investment to grow has not been accomplished.
We just need to be patient or we will learn from the hard way that will really tell on us. The crypto market is not where to play or gamble but a place to learn and have a long term investment not short one at all.

tabas

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Quote from: AmoreJaz on November 01, 2022, 07:34:49 PM

Quote from: tabas on November 01, 2022, 04:59:39 PM

Quote from: Reid on November 01, 2022, 08:50:09 AM

This forum had been reminding people about that fact. The only problem is, if they don't bump on that certain thread although you can clearly see it because most of the time it will be pages of repeated reminders.
High expectations about the cryptocurrency market are what makes it more inviting.
It's cool to be in the circle of new ways to make money but it should be carefully done because money is involved. If you fail, it gets harder to get it back with emotions flying everywhere.

With those failures, that's how everyone is learning. And from the thought that things are easy in the crypto market and its way of trading, that's making one realize that it's not easy just like how it's being portrayed and thought by some.

we can't expect everyone to listen from the constant reminders as some of them are hard-headed and they need to experience themselves before they believe such piece of advise. they have different notion in this market and most noobs really do have high expectations.
i believe, it is true for most of us here. so long you haven't experienced losses, you won't stop trying new things.

They'll learn the lesson the hard way if they're hard headed and don't want to listen to the experience of others with trading. That's okay, there are people like that and before, I was the same and thought that I know almost everything after learning a few things from it.
But that didn't do me well and that's so happen that it has made me more interested me I've started to gain some experience from my losses.
Looking at the positive perspective of losses, there's something to pick from it but don't make it a habit. Grin

jinxing

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Quote from: Nwada001 on October 30, 2022, 04:04:07 AM

One of friends will always say "your papa no be the developer". It takes a bigger time frame to make massive profit in the crypto market 📈

But with Good strategies your sure the market will surely favor you. Trade strategically trade wisely.

the main key in order to always be successful in trading crypto is not having to always spend a lot of capital in order to get big profits, but must always be consistent in trading even though there are only a few profits, the most important thing is being able to roll back the capital issued. This kind of strategy can be done for anyone, including beginners who are new to this field

Topic: Newbie trading believe (Read 434 times)