Trading without knowledge - page 25.

Arlibtchunt2018

jr. member

Activity: 280

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Quote from: Johnyz on March 23, 2018, 02:28:52 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.

I agree with you. It is risky if you don't have enough knowledge in trading. Lack of knowledge can lead you to a wrong decision that could cause to failure or loss. The most important thing that is needed to gain in trading is experience.

LodisMcguire

sr. member

Activity: 546

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If you just depend on luck in trading,the result will not likely to be good.It never hurt to learn about something that will make you understand how the thing works.Just study about it and make decision according to your calculation,with this the chance you'll lose will greatly reduced.

fredo123

full member

Activity: 350

Merit: 100

Trading without knowledge is very crucial because it will end up to lose. Even those who are highly experience people will still commit mistakes in investing crypto's, aside from that, trading now a days are getting hard because most of the crypto coins are losing its value,

djselery

legendary

Activity: 1386

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Trading without good knowledge is very risky, and it is leading usually to big losses. Many starters think that trading is the shortest and simplest way to make money with crypto currencies, so they start trading without getting good knowledge about this field, and most of them lose their hard earned money.
You need learning a lot about trading before starting, to minimize the risks and to avoid the biggest mistakes.

ahtsham90

member

Activity: 140

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exactly. People are so much greedy even after taking a handsome profit from the market still think that why I took my money out I could have made more if I hold.

WUUEX79

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Xch4nge.com

Quote from: Johnyz on March 23, 2018, 02:28:52 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 tantamount to misleading yourself and wasting your money in vain.
I'm never afraid of what's happening because i always use price comparison charts as a foolproof trading indicator.

Quote from: Beerwizzard on March 23, 2018, 02:57:06 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".

Actually not misleading maybe at that moment your brain hasn't been able to receive it so your mind can't choose or manage input which is more positive.

Quote from: Beerwizzard on March 23, 2018, 02:57:06 AM

Just imho we should have a thread with basics of technical analysis and some information about crypto trading / investing pinned on this board.

This is true, the basis of technical analysis is the key to success in trading.

Tungsten-1

sr. member

Activity: 994

Merit: 256

Quote from: bitcoinveda on March 23, 2018, 07:35:46 AM

Without any knowledge about trading and coin, it is not a good idea because first of all, we need to have basic knowledge about the trading. Sametime you need to research the coin which you are going to invest, trading and researching is not an easy job to make money. The more time you spend the more knowledge you will get.

I have no different opinion in this regard because knowledge is required to become successful in any field of life. Trading is a very risky profession and demands some critical skills too. Anyone can start trading but only those few can survive and achieve their targets who have worked hard in the past and learnt necessary information. Knowledge about the coin and tactics about this profession are a must for making money.

Bezobraznike

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★Bitvest.io★ Play Plinko or Invest!

Quote from: hurry_hore on March 23, 2018, 02:50:25 PM

Quote from: Johnyz on March 23, 2018, 02:28:52 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.

Greedy is one of a reason to lose in trading, but also too patience will cause lose also, there is thread for basic reference in trading : https://bitcointalksearch.org/topic/just-a-little-guide-for-new-crypto-traders-2960563

Greediness can be the reason for losing not just money! It is a flaw, and
I think we all have it, difference is how much each of us can control it. It
is our`s enemy!
I believe in self-education. We have a chance to learn what ever we wish
just if we wish it. There are so many tutorials about everything, books are
written how to do something, in the end all you got to do is to try it first time,
second, third and like until you become perfect in what you are doing. Some are
talented and they can learn something faster, some of us need`s more time,
but with the right amount of wish we can do a lot of things, even to learn
how to trade and make profit from that!

hurry_hore

member

Activity: 294

Merit: 13

Quote from: Johnyz on March 23, 2018, 02:28:52 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.

Greedy is one of a reason to lose in trading, but also too patience will cause lose also, there is thread for basic reference in trading : https://bitcointalksearch.org/topic/just-a-little-guide-for-new-crypto-traders-2960563

Tellek Garing

full member

Activity: 854

Merit: 130

trading without learning as it will only bring losses. because this will be very difficult to do, and when it has managed to bring profit then immediately sell. do not be greedy because greed will bring disaster

harizen

legendary

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Merit: 1398

For support ➡️ help.bc.game

Quote from: Johnyz on March 23, 2018, 02:28:52 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.

Well on the other hand, there is a good lesson too that can learned for those people who engaging themselves in trading without any preparations or knowledge. Because they are in rush for getting quick profits (maybe they see other people earned decently thru trading) , they will just leap on this without an ammo. And the result? The expected quick profits now turned into quick loss. Afterwards, chasing the loss will happened. Ang again, same result will happened. And so on..

Because of that, they are building now their trading experienced. While on process, they are now used to experienced loss that will make them think on what things they got wrong. And then building strategy will now take placed and then that's a good start.

Sometimes people needs to experienced mistakes for them to become better in the future.

adzino

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Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

They have to start somewhere. You can trade without knowledge, but its best to start small. Keep investing small amount and learn from your mistakes. You will eventually gain enough experience to handle larger trades which will end up giving you huge profit.

Quidat

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DGbet.fun - Crypto Sportsbook

Quote from: Johnyz on March 23, 2018, 02:28:52 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.

When a newbie person did able to see big results into some trader they would normally put up into their minds that they can able to do such thing too on where they do believe that making money would be easy and tends to jump in without any preparations and awareness on how risky is trading would be.Putting and risking big amounts which would definitely result into a big loss.

whyrqa

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Quote from: ASHLIUSZ on March 23, 2018, 12:11:01 PM

Users at times out of curiosity try to test their luck through gambling. In this regard there some enter into trading to examine their luck without any prior knowledge about the market scenario. Very few among these get luck to profit big in a small time period, whereas most ends with loss and some gain experience and try to master it.

I think that almost all the newcomers learned from their mistakes, and not in the camp about high matter theory. All the same, there are the first basics that you will know, and everything else comes with experience.

ASHLIUSZ

hero member

Activity: 994

Merit: 502

Users at times out of curiosity try to test their luck through gambling. In this regard there some enter into trading to examine their luck without any prior knowledge about the market scenario. Very few among these get luck to profit big in a small time period, whereas most ends with loss and some gain experience and try to master it.

Maksimus ZH

newbie

Activity: 168

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There must be knowledge of the basics of the market. There should be psychological stability, there should be self-control. Possession of mathematics!

Mokter

member

Activity: 180

Merit: 10

Quote from: binghope on March 23, 2018, 04:07:16 AM

Traders who do not have much experience they are just lucky, but maybe that would be better in business. They have no knowledge so they invest in altcoin and they hold them for long. They do not have much suspicion in doing business so they are more successful than their predecessors.

Trading without knowledge is simply gambling with your money. Crypto market as well as coins have huge potential. Yet we can not assure that every coin will be successful. A huge number of coins are available in the market with different features.Many of them may not last long. So no investment should be based on emotion, over confidence or rumor.

Sword555

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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Trading without knowledge will hit you one time very hard - so you will cry that u lost a lot of money . Never trade without any knowledge and after when u will think that you already have knowledge do not trade too !

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: Johnyz on March 23, 2018, 02:28:52 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.

The problem is also some people trading based on other people opinion and technical analysis. They blindly asking a good coin at the moment, and also blindly following any chart in the TradingView. That's when the problem happens, they are all misguiding trading as gambling.

hieuho381

full member

Activity: 504

Merit: 105

Quote from: rosalyn07 on March 23, 2018, 11:06:45 AM

Quote from: Johnyz on March 23, 2018, 02:28:52 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 is a good option if we want to make/earn quick money by taking advantages from the price movements but trading without knowledge is not good. I agree with you, we should need some research about it. Then it demands some time of your life, like me i used to be more than 10 hours in front of the PC to learn more and to take profit from the altcoin market.
I agree with those who says that trading is profitable but we need first to start with small amount to experience trading then sometimes it could be a mistakes but it's more knowledge.

Yes, I agree with you. Everyone needs a small amount of money to invest in any one category. I like the trading and I hope to have more experience from my mistakes in the future. What do you think I should start with how much money to invest? please give me a best answer and thank you.

Topic: Trading without knowledge - page 25. (Read 2127 times)