Newbies that has interest in trading! - page 2.

Jating

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Quote from: Kelvinid on May 01, 2019, 01:00:56 PM

Trading will be very challenging work in crypto, it needs deep understanding with the market as well as we know how to control our emotions.
All of us can be a trader but we also accept that not all of us will become successful. A lot of factors which will make us not to succeed, either we don't have a plan or having an attitude problem.

Not only that, you also need to capital and lots of time to spend in order to become a successful trader. So if you are impatient and not willing to go like 12 hours a day in the beginning to learn and educate yourself then I would say that crypto trading is not for you.

And that is the problem with most newbies, they really though that trading is an easy thing to do and gets disappointment because they are not willing to spend time here and just wanted to get rich quick.

futile-resistance

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Quote from: arpon11 on April 17, 2019, 01:51:59 PM

Since we are all here to learn things about cryptocurrencies and to share ideas with each other on a way to increase our knowledge and revenues on how cryptocurrencies market work and how to make money from it, I think it is very important we understand some basic things about how the cryptocurrencies market works and where and how to rendering services for money, selling products and trading coins in an exchange platforms as a newbies in this forum.
Of a truth I am among those that becomes rich through investing in cryptocurrencies in 2017 and I keep appreciate the ideas behind the whole things. Having been trading forex, commodities and stocks it was easy for me to diversified into cryptocurrencies trading and that is because I know how to interpret candlesticks formation and chart pattern and I learned all this without paying a dime from the followingsites : https://www.forexpeacearmy.com, https://forums.babypips.com, http://pumperspicks.com/ultimate-altcoin-buying-strategy/
The only way to make money from internet and cryptocurrency in particular is to become skillfull in an area and if you want to be skillful in trading I will advices you to visit all this sites to learn the secret on how trading work as a newbies and form your own strategies. Remember to demo trade first before putting really money. I wish you join us at the top!

I don’t know why some people here are fond of making it seems like newbies will have to study for like days or months before they will get to know what bitcoin, lol. Within one hour you can grab everything you need to learn about crypto. What is there to learn about Cryptocurrency itself? I don’t see anything and you get everything you want to know on Coindesk and then move on to learn trading which wouldn’t take you much if that’s what you want to be part of.

Finestream

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Quote from: Kelvinid on May 01, 2019, 01:00:56 PM

Trading will be very challenging work in crypto, it needs deep understanding with the market as well as we know how to control our emotions.
All of us can be a trader but we also accept that not all of us will become successful. A lot of factors which will make us not to succeed, either we don't have a plan or having an attitude problem.

Right.We can be traders if we really want to but the fact that we don't have the same skills so others might end up losing while others too will make good profits in the end.If we really want to be good traders,then atleast we should be more knowledgeable on the crypto movements and should have more experiences so we can develop our own strategies and skills.

Bagaji

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The year 2017 was really a great year for some of us that that really invest at the beginning of the year and was able to hold till end of the year. I learned trading Forex via Demo account I open with some exchange and that has helped me even till today.

Kelvinid

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win lambo...

Trading will be very challenging work in crypto, it needs deep understanding with the market as well as we know how to control our emotions.
All of us can be a trader but we also accept that not all of us will become successful. A lot of factors which will make us not to succeed, either we don't have a plan or having an attitude problem.

South Park

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Quote from: bitcon on April 27, 2019, 11:53:01 AM

Quote from: ttcsalam on April 26, 2019, 05:50:00 AM

Great tips its very helpful for me and new trader are you sharing your experience and knowledge about trading, this will really be help newbies as like me.

I guess traders without experience use this Forum very often, that is why you can get wrong recommendations. It is better to read sites about trading and find cool YouTube channels on the crypto.

Many youtube channels about trading are not much better than what you can find in the forum and in fact many seem to be just a long ad promoting their products and most of the time you do not see the owner of that channel engaging in any trades at all and it is clear his revenue comes from selling courses to other people that know even less than them about the markets, however there are many websites that are specialized in the markets in which you can find all the information you need to become a profitable trader but unfortunately it is a long and hard process before you reach the point of becoming profitable in the markets.

OrangeSeller

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Quote from: bitcon on April 27, 2019, 11:53:01 AM

Quote from: ttcsalam on April 26, 2019, 05:50:00 AM

Great tips its very helpful for me and new trader are you sharing your experience and knowledge about trading, this will really be help newbies as like me.

I guess traders without experience use this Forum very often, that is why you can get wrong recommendations. It is better to read sites about trading and find cool YouTube channels on the crypto.

That is right. There are people who are not really experienced in this thing and which is visible from their content. This is the reason I suggest people to do research before getting into trading. A mere suggestion by some one on the forum could be dangerous for the health of one’s portfolio. Normally people who follow others blindly face huge loss and end up leaving the market.

bitcon

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Quote from: ttcsalam on April 26, 2019, 05:50:00 AM

Great tips its very helpful for me and new trader are you sharing your experience and knowledge about trading, this will really be help newbies as like me.

I guess traders without experience use this Forum very often, that is why you can get wrong recommendations. It is better to read sites about trading and find cool YouTube channels on the crypto.

dat.ho12492

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Quote from: Pattart on April 27, 2019, 06:16:09 AM

Quote from: GreatArkansas on April 25, 2019, 12:24:21 AM

Quote from: MakeMoneyBtc on April 24, 2019, 07:25:21 PM

Every newbie that wants to join trading should note that this is not the place where you can get rich quick and easily.

This is very common for every people, especially when you say crypto. They feel that you can be a millionaire in just 1 day, you need to work hard and grind for that. Trading is really difficult, especially when you are newbie, you need to learn every detail, but you need to start on the basic first and improve it every single time.

keep that principle in their mind from the start, that the market might go up and down, prices sometimes go down for a long time, and being rich in crypto is not as easy as they imagine, it will make them understand and not easily panic with the worst market conditions

Excitement, rumors and reality will have huge differences, newbie should realize that soon after they start participating in trading, everything will always need us to have a certain effort and understanding, no success is quick, all always need a reasonable price. But perhaps they will never immediately believe the advice and understand the principle we provide, this is the arrogant personality of new people, always thinking they know everything while they really don't know anything

Pattart

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Quote from: GreatArkansas on April 25, 2019, 12:24:21 AM

Quote from: MakeMoneyBtc on April 24, 2019, 07:25:21 PM

Every newbie that wants to join trading should note that this is not the place where you can get rich quick and easily.

This is very common for every people, especially when you say crypto. They feel that you can be a millionaire in just 1 day, you need to work hard and grind for that. Trading is really difficult, especially when you are newbie, you need to learn every detail, but you need to start on the basic first and improve it every single time.

keep that principle in their mind from the start, that the market might go up and down, prices sometimes go down for a long time, and being rich in crypto is not as easy as they imagine, it will make them understand and not easily panic with the worst market conditions

iv4n

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This is not necessar to visit all possible sites about trading. YouTube can suggest a lot of learning videos with basic and gold advices for trading newbies. The only thing I do not like about all of those videos is commercial. In some cases it is too annoying and there are cases when youtubers in fact promote scam schemes and things alike. So it needed to be careful and choose only top crypto trading video makers with big number of followers.

FanEagle

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Quote from: ttcsalam on April 26, 2019, 05:50:00 AM

Great tips its very helpful for me and new trader are you sharing your experience and knowledge about trading, this will really be help newbies as like me.

General tips from people are great but you know that we all have our own different views and strategy, it is not all the time that someone’s strategy will work for yours, to really acquire better knowledge and strategy, you must have a mentor that you will always look up to till you become a perfect pro.

Once you get a mentor, he will not be able to lead you astray and will always direct you well on your trade, but whoever you chose as your mentor must be someone who is a guru already in trading and not someone relying on other people’s strategy to trade.

ranman09

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Quote from: arpon11 on April 17, 2019, 01:51:59 PM

Since we are all here to learn things about cryptocurrencies and to share ideas with each other on a way to increase our knowledge and revenues on how cryptocurrencies market work and how to make money from it, I think it is very important we understand some basic things about how the cryptocurrencies market works and where and how to rendering services for money, selling products and trading coins in an exchange platforms as a newbies in this forum.
Of a truth I am among those that becomes rich through investing in cryptocurrencies in 2017 and I keep appreciate the ideas behind the whole things. Having been trading forex, commodities and stocks it was easy for me to diversified into cryptocurrencies trading and that is because I know how to interpret candlesticks formation and chart pattern and I learned all this without paying a dime from the followingsites : https://www.forexpeacearmy.com, https://forums.babypips.com, http://pumperspicks.com/ultimate-altcoin-buying-strategy/
The only way to make money from internet and cryptocurrency in particular is to become skillfull in an area and if you want to be skillful in trading I will advices you to visit all this sites to learn the secret on how trading work as a newbies and form your own strategies. Remember to demo trade first before putting really money. I wish you join us at the top!

Thank you for sharing your story. I've been wanting to do trading since 2017. Bought books and watched courses, but seems I'm doing things wrong. Because on the side, I am doing something else (blogs, programming, technical bitcoin and etc) and it seems that my job eats most of my time. So I realized I have small time left that I am using for those tasks, I need to focus on one thing at a time only, simply because as of now I can't lose my job. So instead of focusing on trading, because I realized I didn't have the money yet, I am now learning programming. I really wanted to be an indie programmer. After I get successful at this, I will then learn how to trade and hopefully have the money I need for trading.

clarkgeneral86

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Your opinion is very practical and meaningful for those who are trading in the crypto market and newcomers who want to step into the crypto market. I am not as lucky as my friend entered the crypto market for a long time but I do not know the exact time to make clever decisions and earn profits like 2017.

freedomgo

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Quote from: michellee on April 26, 2019, 11:32:53 AM

Quote from: cryptorima on April 25, 2019, 12:05:21 PM

You are quite right mate I also agree with your opinion that we need to learn properly before start trading and yes it’s very important to apply some strategy while trading to be safe from losses.

That is the must thing we should do if we want to be a pro trader and we want to make a bigger profit from trading. There is no other way for us to get what we want except learning more about trading. We need to learn and never stop, and we can spend time just to learn what we need. Trading itself is not just making analysis only, but we need to control ourselves, so we know what we need to do related to the market chart.

Well, trading is very risky, therefore you cannot take it lightly, remember it's your money at risk so without enough knowledge and skills, life would be hard as risk of losing is very high. As a trader, we cannot learn it instantly because it will take time, but if we continues despite the odds, we have a chance to succeed.

Palmaper

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Quote from: arpon11 on April 17, 2019, 01:51:59 PM

Of a truth I am among those that becomes rich through investing in cryptocurrencies in 2017 and I keep appreciate the ideas behind the whole things. Having been trading forex, commodities and stocks it was easy for me to diversified into cryptocurrencies trading and that is because I know how to interpret candlesticks formation and chart pattern and I learned all this without paying a dime from the followingsites : https://www.forexpeacearmy.com, https://forums.babypips.com, http://pumperspicks.com/ultimate-altcoin-buying-strategy/
The only way to make money from internet and cryptocurrency in particular is to become skillfull in an area and if you want to be skillful in trading I will advices you to visit all this sites to learn the secret on how trading work as a newbies and form your own strategies. Remember to demo trade first before putting really money. I wish you join us at the top!

I also learned the basics of trading in babypips, however once I went into crypto trading I gradually discovered the immense difference between forex trading and crypto trading; I have never been a supporter of technical analysis as a basic trading tool, today I discovered how useless can become the TA in the crypto market, so sui generis and different to what had been observed so far in conventional markets .

Therefore I think that these readings can be interesting to get interesting information about how markets work, but nothing more.

Sum24

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Quote from: calya on April 24, 2019, 11:20:45 PM

Quote from: BigTeeths on April 24, 2019, 07:57:57 PM

You have rich experience in everything OP. I also tried stocks but it doesn't give the profit I want like in crypto. Cryptocurrencies are a beast when it comes to multipliers so I hunger for more btc and altcoins more than stocks. I was very close on getting rich on crypto in 2017 but I was so greedy and dumb.

maybe your skill not enough to analize stock market.besides trading on crypto i also invest some my money into forex trading.but i only trade once occur best opportunity.maybe in two week once.it could maintain my psycology.

Yes it take time to make your skills bright, you will have to take time to become a trader you will have to gain fine skills, new traders should know when the price falls we will have to buy and when the price rise it will be good time to trade, never lose the opportunity mate price is low, control your emotions and invest when you see market is affordable for you.

kodtycoon

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Quote from: radjie on April 26, 2019, 12:13:12 PM

Quote from: GreatArkansas on April 25, 2019, 12:24:21 AM

Quote from: MakeMoneyBtc on April 24, 2019, 07:25:21 PM

Every newbie that wants to join trading should note that this is not the place where you can get rich quick and easily.

This is very common for every people, especially when you say crypto. They feel that you can be a millionaire in just 1 day, you need to work hard and grind for that. Trading is really difficult, especially when you are newbie, you need to learn every detail, but you need to start on the basic first and improve it every single time.

it's good if he can learn trade from various sources and can try to practice it, from the basic experience that he has later can be a learning to be able to improve the right strategy to take action so that it can benefit. the cryptocurrency market is indeed quite difficult to understand for beginners, but if he continues to focus on understanding market price movements little by little he will get used to it.

that is why to start with money that can be lost at the beginning if we are indeed not ready to lose in trading. by using money that can be lost at the beginning, they will have a little analysis of the current market situation that will enable them to make decisions with the analysis they have obtained

radjie

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Quote from: GreatArkansas on April 25, 2019, 12:24:21 AM

Quote from: MakeMoneyBtc on April 24, 2019, 07:25:21 PM

Every newbie that wants to join trading should note that this is not the place where you can get rich quick and easily.

This is very common for every people, especially when you say crypto. They feel that you can be a millionaire in just 1 day, you need to work hard and grind for that. Trading is really difficult, especially when you are newbie, you need to learn every detail, but you need to start on the basic first and improve it every single time.

it's good if he can learn trade from various sources and can try to practice it, from the basic experience that he has later can be a learning to be able to improve the right strategy to take action so that it can benefit. the cryptocurrency market is indeed quite difficult to understand for beginners, but if he continues to focus on understanding market price movements little by little he will get used to it.

michellee

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Quote from: cryptorima on April 25, 2019, 12:05:21 PM

You are quite right mate I also agree with your opinion that we need to learn properly before start trading and yes it’s very important to apply some strategy while trading to be safe from losses.

That is the must thing we should do if we want to be a pro trader and we want to make a bigger profit from trading. There is no other way for us to get what we want except learning more about trading. We need to learn and never stop, and we can spend time just to learn what we need. Trading itself is not just making analysis only, but we need to control ourselves, so we know what we need to do related to the market chart.

Topic: Newbies that has interest in trading! - page 2. (Read 980 times)