Most of the people who are attracted to trading in a new way jump into trading after seeing the success of others and are not well aware of the pros and cons of trading. Due to this they fail in trading. Trading is a very difficult thing. And those who don't want to accept it and consider trading as an easy way of income. So many big losses are made by wrong investment.
Yes newbies need to acquire a lot of knowledge about trading to trade so that they don't make this mistake. Before trading one must gain experience about trading then anyone should trade any coin. Did you mean altcoins by the wrong coin Many people choose altcoins to invest or trade in new situations. Investing in the wrong coin is bound to incur losses. However, those who want to invest or trade in a new state should avoid various alt coins and invest or trade in Bitcoin. Investing or trading in Bitcoin is much safer for beginners. 
Topic: Trading not for everyone! - page 6. (Read 3308 times)
Therefore, it is important for someone to be able to search first whether trading or investment is more suitable for them. Because if they force themselves to trade, even though they are lazy enough to analyze the market and read the news, then trading is not suitable for them. It is better for them to be able to invest because all they need to do is invest their money, whether with the DCA or lump sump method. They don't need to analyze the market or bother learning trading techniques, because all they need to do is hold for the long term until they reach the goals they have set.
Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
It is true that trading is not for everyone, on the other hand trading is good for those who understand trading well and follow trading strategies. If a trader can trade by following the trading strategy then he can get success from the trading platform whereas if a new trader is not experienced about the trading strategy then he will not get success from the trading platform. So it must be suitable for him to hold long without trading. If such a new trader can go long without trading then he will definitely have more success when the market starts a bull run. So those who have trading experience can trade and those who have no trading experience can hold long period instead of trading.You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
but still, more beginners are interested in trading rather than holding their assets for a long time. perhaps that can be done while they learn trading techniques. because trading cannot be learned, those who are now professional traders were also initially beginners in trading. they learn techniques and also gather experience in trading. especially those who are experienced and know what is a good situation to trade or should wait for a better market.
Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
It is true that trading is not for everyone, on the other hand trading is good for those who understand trading well and follow trading strategies. If a trader can trade by following the trading strategy then he can get success from the trading platform whereas if a new trader is not experienced about the trading strategy then he will not get success from the trading platform. So it must be suitable for him to hold long without trading. If such a new trader can go long without trading then he will definitely have more success when the market starts a bull run. So those who have trading experience can trade and those who have no trading experience can hold long period instead of trading.You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
but still, more beginners are interested in trading rather than holding their assets for a long time. perhaps that can be done while they learn trading techniques. because trading cannot be learned, those who are now professional traders were also initially beginners in trading. they learn techniques and also gather experience in trading. especially those who are experienced and know what is a good situation to trade or should wait for a better market.
Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
It is true that trading is not for everyone, on the other hand trading is good for those who understand trading well and follow trading strategies. If a trader can trade by following the trading strategy then he can get success from the trading platform whereas if a new trader is not experienced about the trading strategy then he will not get success from the trading platform. So it must be suitable for him to hold long without trading. If such a new trader can go long without trading then he will definitely have more success when the market starts a bull run. So those who have trading experience can trade and those who have no trading experience can hold long period instead of trading. You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
Trading is not open to everyone. Trading is never suitable especially for new traders who consider this trading platform as a means of easy earning and are the biggest losers in trading platforms. Beginners should always buy in deep markets and sell in bull markets. Many new traders have lost themselves trying to prove themselves on the trading platform so I would say to every new trader you should get good experience on the trading platform and then start trading on the trading platform. You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
so why bother to trade when your knowledge and skills are not sufficient enough to make trading work.
It's because newbie traders mind tells trading is the way to get out of a poor life. Their mind is full positivity, and positive emotions where even they don't have enough knowledge in trading they think that it's easy. It's also what mostly mentors taught that you will be rich in trading, and that's what I also taught before. Realistically, it's possible to happen but if you only have a small amount of funds it's difficult to be in that place because you're not always win in trading, there's no always a good setup in the market, and sometimes you experience a couple of loses. And that's what I see in trading that make our dreams to hold but we have to pursue trading especially if we are profitable because you will only fail if you quit.not able to make out such move or actions not until they would really be able to experience for themselves into those real conditions or situations on which they would really be needing to adjust accordingly.
Some might be able to adapt it well and some couldn't on which it would really be that depending on someones actions. Its true that there are really things which arent meant for us no matter how hard we do
try and how much hard we do able to deal with. Well, we dont know for those things if we dont try and there's no harm on trying though but of course everything should be in moderation considering
that we are talking money spending or investment on here.
Not everything in this world is for everyone. Likewise, trading is not for everyone. Unless you have the necessary knowledge, skills, ability to analyze the market and arrange the necessary capital then trading is definitely not for you. Moreover, if you jump into trading without understanding anything, you will definitely lose capital. You learn slowly and then get attached to trading.
so why bother to trade when your knowledge and skills are not sufficient enough to make trading work.
It's because newbie traders mind tells trading is the way to get out of a poor life. Their mind is full positivity, and positive emotions where even they don't have enough knowledge in trading they think that it's easy. It's also what mostly mentors taught that you will be rich in trading, and that's what I also taught before. Realistically, it's possible to happen but if you only have a small amount of funds it's difficult to be in that place because you're not always win in trading, there's no always a good setup in the market, and sometimes you experience a couple of loses. And that's what I see in trading that make our dreams to hold but we have to pursue trading especially if we are profitable because you will only fail if you quit.Despite the fact that trading is not for everyone, we all still have the chance to try it and see what will be the outcome as we can't say if this is for us until we never try. And this is because not all have the kind of mindset or behavior that fits the nature of the crypto market. In fact, even experienced traders outside crypto, never push themselves to do it because they are not comfortable as well. It is really matter on where are good at.
It is true that everybody doesn't have the right mindset to be a successful trader but right now there are various ways available in the market that can be used to earn profit from trading without getting directly involved. Copy trading has become widely popular recently due to the high profit opportunity. Also some projects are offering AI-based trading tools that can be used to trade which i am totally against due to the risk involved. But we can use trades like grid trading and trailing take profit by using a trading bot that is not AI but can give you a satisfied result.
Despite the fact that trading is not for everyone, we all still have the chance to try it and see what will be the outcome as we can't say if this is for us until we never try. And this is because not all have the kind of mindset or behavior that fits the nature of the crypto market. In fact, even experienced traders outside crypto, never push themselves to do it because they are not comfortable as well. It is really matter on where are good at.
It is true that everybody doesn't have the right mindset to be a successful trader but right now there are various ways available in the market that can be used to earn profit from trading without getting directly involved. Copy trading has become widely popular recently due to the high profit opportunity. Also some projects are offering AI-based trading tools that can be used to trade which i am totally against due to the risk involved. But we can use trades like grid trading and trailing take profit by using a trading bot that is not AI but can give you a satisfied result.
I know if you are good in trading, it will be difficult for you to trade when the time to trade is not arrive because you will ensure that the right time come before you can trade to let people know that trading is good for those that have the skills.
The way people trade is different. and some traders may have a bias towards certain assets. such as avoiding new memecoins or altcoins. but some like trading with new altcoins. especially when it has just been listed on a fairly large exchange. traders look for short-momentum pumps to gain profits.
Not only with skills but rather for those people have patience and long understanding that trading is easy rich schemes for them. If they are hardworking plus they add up some critical thinking towards the way how they trade for sure they became successful on their trades and can able to handle well those unwanted things that can disturb on how they trade those certain assets in the market. Only experience trader would advise anyone to avoid trading meme coin or they don't like to trade that type of token since they know for theirselves that those coins are scam and to risky for them to choose that tokens since they might lose more than have a good chance to earn a profit. Much better if we study well on those crypto's we are going to trade so that we could test out if we like to trade for short term to gain profit or can able to handle those long trades and last can we risk on those meme or other short term tokens in the market.
I know if you are good in trading, it will be difficult for you to trade when the time to trade is not arrive because you will ensure that the right time come before you can trade to let people know that trading is good for those that have the skills.
The way people trade is different. and some traders may have a bias towards certain assets. such as avoiding new memecoins or altcoins. but some like trading with new altcoins. especially when it has just been listed on a fairly large exchange. traders look for short-momentum pumps to gain profits.
Quote from: olib123
Despite the fact that trading is not for everyone, we all still have the chance to try it and see what will be the outcome as we can't say if this is for us until we never try. And this is because not all have the kind of mindset or behavior that fits the nature of the crypto market. In fact, even experienced traders outside crypto, never push themselves to do it because they are not comfortable as well. It is really matter on where are good at.
If you can accommodate the risk that involved in trading, you can try to see the outcome of your efforts but the most important thing there, is that try to know when to trade in the market and when not to trade coins in the market before embarking on crypto trading because there are some losses you will meet in the market it will make you to hate trading.I know if you are good in trading, it will be difficult for you to trade when the time to trade is not arrive because you will ensure that the right time come before you can trade to let people know that trading is good for those that have the skills.
Despite the fact that trading is not for everyone, we all still have the chance to try it and see what will be the outcome as we can't say if this is for us until we never try. And this is because not all have the kind of mindset or behavior that fits the nature of the crypto market. In fact, even experienced traders outside crypto, never push themselves to do it because they are not comfortable as well. It is really matter on where are good at.
Just another piece of advise to newbies that just starting their journey with cryptocurrency, crypto trading is not for everyone. If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
It is true that trading is not suitable for everyone and those who consider this trading platform as a means of easy earning are the ones who suffer the most from this trading platform. There are many newbie traders who jump into trading in the beginning and take profit in two trades and later lose their money on the trading platform due to lack of proper knowledge of their trading strategy. Holding is always better for those newbies if they keep holding without trading then they will get good positive results during the bull season of the market. You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past.
There is a time for everything, and the bull market is usually the time for holders. I am sure when the bull market returns as we're expecting, if you hold good project's you will make a good profit.
Don't follow the crowd, follow what has profitably proven to work for you. In cryptocurrency market it is time that makes the difference in our profit-making.
It is important for all beginners to be able to understand the price fluctuations of the crypto market, do not trade just because you follow other people's advice and do not learn how it works. Most beginners stop trading crypto because they are impatient to make quick profits. In fact, crypto trading requires skills to minimize losses and does not always produce profits.
The crypto market was not the stable one because of the decentralised network,So the beginning traders must use the opportunities to make money by holding the coin for the longer period.The trader after some pump in the price,they simply withdraw the funds.But they need to understand,if they hold for long periods will give them good returns.The trader should teach their younger generation for the trading,So they will get into cryptocurrency at their earliest stage and earn in the future.This was the important thing for the gamblers to adopt the gambling from their past to the present days.
It is important for all beginners to be able to understand the price fluctuations of the crypto market, do not trade just because you follow other people's advice and do not learn how it works. Most beginners stop trading crypto because they are impatient to make quick profits. In fact, crypto trading requires skills to minimize losses and does not always produce profits.
It requires patience and knowledge to survive, not an easy task as we all that there are many pressures which influenced the possibilities,
you can make a profit but also you can lose your money in a single trade.
Not for everyone in the sense that the market movement can surprise each individual traders no matter what, this venue needs careful analysis
and lots of research to make sure that it will work for you.
Price volatility is a big risk but also can be use as opportunity to make decent benefits if you follow and invest in the right time.
Indeed, crypto not only requires understanding fundamental or technical analysis, but it also requires effort to believe in what we are taking. This is why trading is not suitable for everyone. More specifically, trading is not suitable for people who are doubtful about their analytical skills. I'm sure that even if he has practiced or developed his knowledge for years in trading, it won't make him understand that it's just theory unless he tries it directly.
It is important for all beginners to be able to understand the price fluctuations of the crypto market, do not trade just because you follow other people's advice and do not learn how it works. Most beginners stop trading crypto because they are impatient to make quick profits. In fact, crypto trading requires skills to minimize losses and does not always produce profits.
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