Topic: Stop paying money to learn trading when you can learn it yourself (Read 1640 times)

        -      It really shouldn't be a waste of time to pay just to learn trading here in crypto. after all, there are now many ways for us to learn for free without paying anything, apart from youtube, there is also google search, and this is a forum platform.

it is said that if you want to, you will always find a way to learn, because most of those who attend trading seminars have not learned anything and worst they just wasted money and only made money.

Everything now it made easier for everyone, why paying money to learn trading while you can learn it yourself. It's not that easy but whatever you determine to learn you most learn it, I actually come across some guys in my street paying money to learn about trading. Then I met them they started explaining everything to me, with the little that i know i shared it with them without no cost. And later they said the other who was teaching them didn't tought them this that mine was the one they're going with now. So I don't see why someone will pay money to learn how to trade, it's unfair and not right thing to do if you're in this particular point please do stop. One thing is that learning about trading it's determination someone can just tell you where you can visit online and learn about it.

I know it's not everyone can do it by their selves, but what so ever you've put in your mind that you want to do and with focus and determination you'll surely achieve what you want. But first your mind have to be ready to learn.

I believe everyone in this forum was referred by someone, not everyone knows this place exist but someone referred you to come and learn more about trading and investing, some people don't even have the idea or knows anything concerning Bitcoin but with time on here they started generating it step by step. Now they can definitely tell you what trading it's all about. So we should also be our brother's keepers not killers, and if you do know someone who's still paying to learn trading please do put an end it. I know learning online it's a lot of time to understand what you're learning and some people believe that it's more better they pay so that they can grab it fast, but have it come to your senses that, that same person teaching you he or she is also learning from online which is not paying a dem to learn. But you feel because of the risk in it you don't want to go online learn not by the end of the day you, when you started trading that you aren't going to see your profit. Because you lent it online, that same person that you're paying he/she have also gone through those process and risk that you're being afraid of. So with my understanding I'll advise you that, people paying to learn trading please it's not necessary anymore try and determine that you can do it by yourself. It won't start that fast but with adequate knowledge actually you'll surely know more about trading.

Losses are expected as we start trading and this is a part of learning. Having been aware of the situation, it was not difficult for us to accept in the time it came. If we want to trade, we also make sure that we are willing to work hard, get enough knowledge, and most of all, develop strategies that we think it will work effectively. Learning trading is easy, there are a lot of resources available but yes, what we have seen and read can be different in actual happening which is why we also need to learn to adapt to the changes.
More experience, more learning.

I believe most crypto traders here didn't enroll for a trading class. A lot learned their crypto trading activity on their own. Do remember, when btc was launched more than a decade ago, there were no online classes tacking this currency. So most early traders learned it on their own. This is why, for me, you can learn crypto trading on your own. Also, even those mentors can still suffer losses in trading. Because cryptocurrencies have no defined market performance. There are so many factors in play, hence, no one can precisely predict this market.

Of course, if you know someone who is a good mentor, and you have the resources, why not? But I am saying is, you can learn this market on your own, given the resources available over the net.

Exactly that is why many people prefer to pay to learn, and they will be more focused to learn very well, learning online takes a long time and not everything you will see online, you need to get mentor that will tell you everything that you need to know about trading, since you pay him money, he will make sure you understand everything about it, so that even if you start trading, it will be easy for you without much stress than learning online most, they have things you need to know that you won't see it in YouTube you Need to pay money for it before they can tell you the secret.

Trading requires more effort to study and gain expertise. I prefer to pay to learn so that I can be more serious about it. People who learn online cannot be compared to those who learn from a mentor face to face. You can learn by yourself or from someone you choose that will benefit you, some people learn online and are perfect, while others need a mentor to guide them more because some people are slow learners and need to pay someone to teach them gradually and perfectly to it.

Is not as if you can not study on your own but it will take longer to learn on your own than learning from a mentor, and attending class will make everything much more easier to work with, and this will only be fore legit trading schools because there are a lot of scam schools all around so you can choose base on review, and make sure the reviews are not fake.



Waste of money i don't think so people are different the same way we have different way of people learning so if you learn through mentorship then you should give it a try, so any way that you can absorb information easily it will be better that way, and since your performance will be monitored by your mentor there wont be need to do self learning everyone will do what is best for them, to me everything depens on how well you know your self.

The wrong thought of many new traders, they all want to trade big time as if they are not beginners and they won't settle for a small amount of profit as they start. It's normal to trade with smaller amounts and wins at the start but you don't expect them to come because the typical thing about trading is that you're going to lose no matter what happens and every beginner is bound to get those losses because that's how it is going to be when you trade.

People do learn things when its too late or on the time that they would really be able to suffer loses came from their own mistakes on which we know that this is something that very normal.
Usually we would really be able to make ourselves that be able to handle the situation which it would really be basing up with our self realizations on which this is something that will really be depending on a certain individual or trader. It is really that true that when it comes to learning then everything could really be seeing online on which it would really be just that a matter of effort and hard work for you to
look for those informations on which you could really be able to make use of.

There are really those people who are really that just want on making money directly without even trying out to look on what are the things
that they could potentially be able to encounter.

It is quite true that if one wants to jump into trading without adequate knowledge then he has to pay huge losses. Actually every business has low profit margin in the beginning but they can balance themselves well between losses and profits. Most of what they teach online about trading is theory but it is best if you can get training from a smart trader. But i have seen many people learn trading only by watching youTube videos and many people take training from different groups by paying money.

Yes it is true, that the basic lessons about trading are very much on youtube, if even the influencers attract visitors and get adsence it is more than enough, but because branding is difficult to make some people take advantage of popularity to make an exclusive impression. Don't ever believe that warranty and accuracy in his hands, it's nonsense, the fact is that even professional people must experience loss even though flash dumps.

It's true that knowledge, media and research including field practice when trading is important, like fuel and how to pace.

It is not difficult to find free influencers to increase literacy and education, because everyone is different in climbing the knowledge they have including the delivery. Stay away from influencers who are too motivating beyond the ability capital and compare themselves with the capital spent, because trading is better to understand technical and capital follows than the other way around. I think this is why the fud on crypto is scattered on social media because it does not match the hystory of novice traders. crypto is good and perfect, the obstacle is that there are certain people carrying their own slogans that make beginners desperate and carried away by fomo without a mature basis for buying.

I personally don't believe that there's meaningful gaps between the experienced and the newbie, I mean yes the experienced are more mentally resilient and knows the how the market works but newbie too can figure out such thing in short amount of time if they are attentive enough, the important thing to learn in my opinion is something like the basics, the principle of economy, trading, the platform itself since we gonna do activities mostly in these exchange platform so knowing the features is good thing.

by then if someone just want to try out they can already know some basic knowledge and could built their experience from then, helps from expert trader at that point is no more necessary.
even though its always good to have mentor to point out a mistake or two, but eventually we gonna figure out everything by ourselves not too much dependant on someone.

Actually it doesn't matter when we spend money to learn to trade, but with a few notes. First, we have to be serious about studying, don't let us just spend money but we don't get any knowledge because we are serious about the learning process. Second, we have to make sure that the person we make a teacher or mentor is someone who is very responsible and has proven capacity as someone who understands and has trading knowledge. Because now there are many out there who only have a little knowledge but they dare to open up learning practices, even though what they convey are basic things that we can get without having to pay. Those are just 2 basic points and actually there are many other points that we have to pay attention to.

You can definitely learn trading for free, if you really want, there is Meany way. There are many free trading classes, courses, and videos available in various places that are very essential in trading. It would be better if you find a professional trader offline, to whom you can learn about trading directly. But it will also take you a lot of time, because trading is such a thing where all the money is lost due to a little mistake, it will take about 2-3 years to learn trading completely. If you use money in trading without learning trading completely, you will only lose them. So be it for money or free, after learning trading thoroughly you should start trading with money.

Rather than learning to trade online, you should find a person who will teach you to trade with him. You study all the trade related information from him and work with him till you master the trade. In that case you need to spend more time with him. After some time you try to trade with demos by yourself in your spare time. After gaining skill start trading with little capital.

Remember trading before mastery is foolishness. You may lose your money unnecessarily.

OP you're right. All point given are 4 possible ways a person can learn trading and engage with other without spending much. Point 2 reminds me of when I told someone about conferences initiated by exchanges this days which is kinda easier to access like this one https://www.bitget.com/support/articles/12560603807616 and I know Binance have done something similar to this but I haven't seen any news of them doing it this year. It's very impactful

Actually all traders can undergo their own learning but for basic steps I think it never hurts to find a mentor to direct them to the right and directed trading approach, because so far in some cases there are usually still quite a lot of traders who have an understanding that is skewed or out of the recommended path such as trading in the wrong way that will only harm themselves. and I understand that all these directions can be obtained through the internet but sometimes the lessons obtained are not directed or that means they get random learning and it is quite difficult to actually find information on an internet that gives them the first steps that will harm themselves, and I understand that all these directions can be obtained through the internet but sometimes the lessons are not directed or they get random learning and it is quite difficult to really find information on an internet that gives them the first steps that a beginner trader must first learn and go through.

Usually in some cases a beginner immediately jumps into trading without being based on a qualified understanding and knowledge of how to properly trade which in the end they are confused and experience losses that dominate over profits, so I think for the initial stage of introduction it doesn't matter if for example you want to learn from mentors by spending at least a little money to get the right direction on how to be a good trader and be on a harmless path and after that you can learn on your own when you already have a basic understanding.

There are still people who do go solo in terms of making themselves that become that good or better as time passes by. If we do tend to look around and realize that everything we do really need could really be seen and could really be making use of it if you are really just that wise and serious on learning up things around. The fast pacing would really be basing up on how serious you would be on learning the things that we do have in the market, just like been said that informations could really be that seen around.It would really just that depending on how you would really be able to utilize those for your advantage.

You could really be able to have that self learn path if you are really just that sensible on the things that you could found around. Real experiences would be the best teacher and on the time that you had found
yourself that having some progress or having that kind of improvement then you should really be that continuing it no matter what until you would found yourself to be that better as the years passing by.

Well, to be honest, I agree with the title given by Op. If it's really possible to study on your own, There is even a faster learning process in trading here in cryptocurrency when an individual learner learns trading along and uses his or her own way to learn it.

Because I noticed that those who pay for training about trading just waste what they paid for because they don't actually absorb what they heard, and besides, there is no quick time for people who are interested in learning to understand it immediately. It really takes time, that's the truth.

Basically what they are doing is making money by saying how to make money and this has been the trend since the evolution of social media and one who is sensible to understand will stay away from it and starts working on their success via the real sources.

Making money or learning stuffs about how to make money can't really be taught, it has to be realised and experienced.

I agree with that, and the same thing is true for people who teach skills or ways to earn money online, I mean if they were able to use the same methods and techniques to earn so much money, they wouldn't be working so hard on creating courses, videos, lessons, and everything just to teach others how they can earn money only to get a few bucks out of them, they basically do it because they aren't successful in anything else and they want to earn some money by doing this.

It is just like watching a video about how one can earn millions of views in a month while the video teaching you that has a few hundred views itself, lol, this shows that people often teach what they aren't successful in themselves and I wonder how can such people make others gain success.