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Topic: Trading without knowledge - page 12. (Read 2095 times)

hero member
Activity: 1022
Merit: 503
April 04, 2018, 11:05:06 AM
trading without knowledge is like putting a fish on a dry land eventually it will die. Same goes to person engaging  to trading industry particularly in cryptocurrency, he can be scam by the scammers , deceive by the wrongdoers abuse his ignorance unlit he'll loose all of his asset,profit and properties in the trade.

Well for me it's more likely driving without directions and in the end your just lost in the vast. Just like trading without knowledge, you'll just wasting your time to something that you didn't know and the worst you're just wasting money. So if you really want to be a trader then put time and effort to it, gain more knowledge and of course wide experience. Maybe it just easy to look at but being a trader is something to take seriously.
newbie
Activity: 196
Merit: 0
April 04, 2018, 10:36:40 AM
trading without knowledge? I think that's a stupid thing to do, maybe everyone can trade, but if without knowledge of the trades they have, one can profit or even lose but according to logic if one does not have the knowledge to sell it seems difficult to make a profit.
newbie
Activity: 112
Merit: 0
April 04, 2018, 10:34:45 AM
When I first entered the Crypto market. I am a person who has no knowledge in trade. After failures and lost money. I learned the video on youtube on the trade guide. I have been successful and have taken the money that I invested before
full member
Activity: 434
Merit: 100
April 04, 2018, 10:12:00 AM
It is quite obvious that you should have some education in order to start trading but for some reason this forum is one of the main things that mislead the beginers. I remember myself a while ago asking about crypto trading, the most popular advise wassomething like "Just fund your exchange account and start trading, you will get experience. No shit".
Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.

LOL, your response you received  was quite hilarious but if you ask me I will say it's the real deal. You really need to be inside the game to understand how it feels. Reading is not just enough. Believe me, someone that funded and started trading will learn quicker than one still reading and waiting to enter the market. I believe that for you to even fund your account, and bid a coin you may have read how to, if not you won't be able to. So lose and correct your mistakes yourself.
newbie
Activity: 128
Merit: 0
April 04, 2018, 09:48:00 AM
trading without knowledge is like putting a fish on a dry land eventually it will die. Same goes to person engaging  to trading industry particularly in cryptocurrency, he can be scam by the scammers , deceive by the wrongdoers abuse his ignorance unlit he'll loose all of his asset,profit and properties in the trade.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
April 04, 2018, 08:45:20 AM
I know people who know everything about trading. But they can not trade profitably. And others even level 2 can not read and earn well.

Traders will not always win, if you trade longer and still losing more then something is wrong better for you to study the market again because in trading your money is important. Trading without knowledge is like risking your life into a wild jungle, focus on your knowledge and be brave in this market.

Might as well just gamble with your money. You'll have a better chance of getting bigger returns for pretty much the same chance. It's important to research and study first when you're planning to trade because how much you know may very well determine the result of your trades
full member
Activity: 462
Merit: 100
April 04, 2018, 08:35:06 AM
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.
We only lose without the knowledge of bitcoin. Bitcoin is really valuable where it is not joke to study but we can study this one as if we are studying business trading. Trading without knowledge is useless we can't earn profit without knowledge so we must have it.
full member
Activity: 406
Merit: 100
kingcasino.io
April 04, 2018, 08:32:18 AM
Well before you have to do a trading make sure that you have a knowlegde in trading for atleast a basic of trading principle and the most basic in trading is buy low and sell high and a partner of this is your emotion and dont be greedy.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
April 04, 2018, 08:27:43 AM
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.
Sometimes, we can learn throughout our journey. Greed is not always the reason why some people are trying to trade even without a knowledge. Sometimes, they underestimate trading. They think that it is easy to read charts and have a technical analysis in the coin. Well, that might be a reason why they failed. If you have knowledge before doing things, there is a possibility that you can be successful. Trying things without any experience or knowledge is just wasting your time from nothing. Unless you are luck.
jr. member
Activity: 252
Merit: 1
April 04, 2018, 07:50:40 AM
same like any other profession, either under employment or business, knowledge is a must.
hero member
Activity: 728
Merit: 501
io.ezystayz.com
April 04, 2018, 07:45:49 AM
Actualy even me i dont have a good experience in trading also like some pro but i can do also trading usualy i was doing a trading in long term only like a few year and atleast 6 months.
full member
Activity: 742
Merit: 144
April 04, 2018, 07:36:12 AM
I know people who know everything about trading. But they can not trade profitably. And others even level 2 can not read and earn well.

Traders will not always win, if you trade longer and still losing more then something is wrong better for you to study the market again because in trading your money is important. Trading without knowledge is like risking your life into a wild jungle, focus on your knowledge and be brave in this market.
full member
Activity: 252
Merit: 102
April 04, 2018, 07:32:24 AM
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

You are right that their are traders who are not or do not have the knowledge on trading but time and effort to learn on something you want will bare fruit. A trader must be confident on his action that taking risk will give you a success in life.
sr. member
Activity: 798
Merit: 255
April 04, 2018, 07:07:20 AM
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

You are right. I my self I already experienced this matter when I am still new in trading I was always expect hood plan good future and good holding. In other words good profit but definitely it's never done in just twinkle of an eye rather wait patiently and you have to work hard for it.
full member
Activity: 322
Merit: 100
April 04, 2018, 07:05:17 AM
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

Trading without knowledge is kinda risky very risky actually because it is like you are entering a fight without even know how to fight because you might gonna lose as always so you better have any background in it before entering that field because it involves money and that is one of the important thing now because nothing is free today especially if you are living in the city. Ao better have some research about it because you might regret if you lose a huge money iy is hard.to recover trust me
newbie
Activity: 14
Merit: 0
April 04, 2018, 06:55:24 AM
Trading without knowledge is risky and will surely lead you to have loss in the end. Trading without knowledge equals loss.
Agreed. Knowledge is power.
member
Activity: 137
Merit: 12
Semux
April 04, 2018, 06:53:57 AM
That's not a best thing to do - trading without knowledge is very risky and I doubt that it will bring any profit.
member
Activity: 294
Merit: 36
April 04, 2018, 06:45:49 AM
It is quite obvious that you should have some education in order to start trading but for some reason this forum is one of the main things that mislead the beginers. I remember myself a while ago asking about crypto trading, the most popular advise wassomething like "Just fund your exchange account and start trading, you will get experience. No shit".
Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.

That's right. The trading market is such a difficult and unpredictable market to just try in without any knowledge. Actually, even seasoned cryptocurrency investors are still not confident and comfortable enough to venture in the market because they know that it has so many alleys to kill off your venture. And jumping in it without prior knowledge or without studying the market would just make it more worse and the chances of you losing your investment would be multiplied, and I mean, in anything, it's always better to have your weapons before you go to war.
jr. member
Activity: 210
Merit: 1
April 04, 2018, 05:49:27 AM
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.

You should be knowledgeable first before trading Bitcoin. You have a lot of things to know! Getting Bitcoin is now easier than it was a year ago. Now, one only needs to be in a right country to purchase and sell Bitcoins, where exchanges legally act as intermediaries for currency transactions something that also protects your funds from being mismanaged by external and internal attacks. All you have to do is find a reliable Bitcoin exchange, sign up and provide the required personal information,  it would simply make you eligible to purchase and sell Bitcoin directly to the markets. It is better to take a long time to educate yourself on trading than cry when you lost because you have not enough knowledge.
member
Activity: 306
Merit: 15
April 04, 2018, 05:29:37 AM
trading without knowledge is likely to be just burning money, when you do not know trading, do not invest because it's a waste of money, and it does not make trading much easier, since it's just a little bit more, because it's trading It's not just that, let's go ahead or find out before trading.
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