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Topic: Trading without knowledge - page 3. (Read 2127 times)

hero member
Activity: 1820
Merit: 537
April 17, 2018, 09:32:41 AM
The transaction without the knowledge that you rely on luck is the key. But for today's Crypto market, luck will not be for everyone, and for profit we have to have deep knowledge of the Crypot market. If you want to win big then you have to rush into investing and learning experience. So you can win with BTC.
first luck is not the key in winning in trading although you will gonna earn but considering your emotions as well having no knowledge it is just useless. Nonetheless a person who has a luck but he knows when he will sell then it is much better. Next is a person or a beginner doesn't need to rush investing he much need to focus on gaining knowledge before investing and not investing first before to learn
member
Activity: 205
Merit: 10
April 17, 2018, 09:25:46 AM
Yes it's true on the crypto market most of the amateurs who are not at all recruited in the trade. That's why they give their coins cheaply and everything falls so quickly.
member
Activity: 378
Merit: 10
“The Premier Digital Asset Management Ecosystem”
April 17, 2018, 09:11:32 AM
The transaction without the knowledge that you rely on luck is the key. But for today's Crypto market, luck will not be for everyone, and for profit we have to have deep knowledge of the Crypot market. If you want to win big then you have to rush into investing and learning experience. So you can win with BTC.
member
Activity: 175
Merit: 10
April 17, 2018, 08:30:39 AM
In a bullish season, when all portfolios are going green even the dumpest individual think of himself as a great trader. However, wait for a bearish season, then the sheep are separated from the goats.

Knowledge and patience is key when it comes to trading
sr. member
Activity: 516
Merit: 250
kingcasino.io
April 17, 2018, 08:25:53 AM
Trading without a knowledge is like a suicide, if you are value in your money then the first thing you have to do is make a good research watch more videos about trading and atleast join in some trading discussion in any furom much better if you always active in this furom you can learn so much more about trading in here.
newbie
Activity: 12
Merit: 0
April 17, 2018, 08:23:46 AM
Knowledge is so important to trading, but there is always a dose of luck or unluck. I thing that soon there will be a lot of alt coins with rock stable rate of exchange. There is a good example - decentralized storage cloud Nebula Network, which will have rock stable rate at about 5$ thanks to emission mechanism tied to their supply.
legendary
Activity: 1834
Merit: 1036
April 17, 2018, 08:19:24 AM
The problem with new traders are they were driven by greed and those who invited to to start trading may have taken advantage of Binance referral program when referral fees we're still high, they did not inform their referrals about the risk that they are taking when they started trading. It's asking them to go to war without even knowing who is the enemy.

Just take a look at FB pages about Cryptos and look how they encourage people to start trading by showing them how much they earned and what they already bought. Trading is not for everyone. It needs a lot of time and experience to learn how to trade.
member
Activity: 236
Merit: 10
Borderless for People, Frictionless for Banks
April 17, 2018, 08:14:43 AM
Trading without knowledge is like you are jumping in water without knowing how deep is it and you dont know what will happen in you when you landing in that place in short its suicide jump. If you want to succeed in trading or in any kind of investments you have to study amd make a research.
member
Activity: 378
Merit: 10
April 17, 2018, 07:09:27 AM
Definitely correct. You must study first the work around on trading, read articles or discussions like this forum to gain more knowledge and if you know persons that closes to you who also engage in this kind of trading you better ask him/her to give you more ideas.
jr. member
Activity: 210
Merit: 1
April 17, 2018, 06:50:47 AM
I don't think trading without having any knowledge of trading is possible. As it is important that one should acquire at least the basic fundamentals regarding trading. Trading without knowledge, is simply like gambling.

Yes this is true. If you make trading to this crypto world without enough knowledge on how to do it, you are just putting yourselves in a trial and error process which can be resulted into a big loss of your portfolio. If this the case learned well first basic OP of trading process to get what you really want to.
Simply avoid gamblers principles.
hero member
Activity: 700
Merit: 553
April 17, 2018, 06:10:53 AM
Trading without knowledge simply means gambling, and the results are the same; you lose. may be if you are lucky guy, you can earn something at the beginning but it wont continue. you have to follow the news, and rumours, also join the telegram groups of the coins in order to feel the market.
sr. member
Activity: 396
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
April 17, 2018, 05:57:18 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.
It is like diving into a deep pool without even knowing how to swim. It is only appropriate to learn something first hand before entering something. Crypto world is not simple as it may seem, you have to do a lot of researches and gain a lot of knowledge before even thinking of engaging with it.
The important things is not only knowing how it all working out trading  is easy to get in or having a good comprehension of its every little details. The very big opponent of every trader is the emotions, this is a feeling that will ruin your trade even how much good trader you are if you cant control your emotions over your mind then it will be your downfall.
newbie
Activity: 168
Merit: 0
April 17, 2018, 05:19:45 AM
Maybe this is what people called as FOMO. People don't want to miss something popular. Recently after bitcoin skyrocketed at the end of 2017, people were busy trading bitcoins. They join trading because of the trend. Although join due to the hype, they are still traders. But it should be underlined that they aren't true traders.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
April 17, 2018, 05:16:19 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.
greed is not part of having no knowledge when trading,but instead they are just curious about what trading is all about and just having a wantings of gaining..and besides this is one of the great teacher in trading,when you experienced losses this teaches us to he more careful and more obedient in every trading we will be entering
sr. member
Activity: 616
Merit: 250
April 17, 2018, 05:05:16 AM
I can say that education (not school) is needed in trading because without it you are called a gambler and just hopes that you enter at the right time and you need luck on your side.
member
Activity: 200
Merit: 10
April 17, 2018, 04:52:39 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.
The cryptocurrency market is very unpredictable, it fluctuates very fast. If we trade without knowledge there will be no profit, even the loss of money. So if you want to trade safely and profitable, it is best to study the practical experience and knowledge of trade. We should join this forum to learn the crypto market trend, as well as get useful tips from experienced people.

Nothing can be achieved without the power of knowledge. There are few points that I would like to mention here. Observation is the first step of gaining knowledge, then it should be applied to gain some experience. This is the way of traders. By reading thousands of articles, one cannot call himself as a good trader. It is important to understand which way he should attain the information.
newbie
Activity: 125
Merit: 0
April 17, 2018, 04:24:06 AM
I think transactions require a lot of knowledge. When you invest in a coin, you have a lot to know about it, so you need to learn more about it so that you can invest later.
newbie
Activity: 133
Merit: 0
April 17, 2018, 04:12:29 AM
Trading of course requires knowledge. First of all, you should learn the basics of some transactions. After you have some understanding, you can try some simple transactions.
newbie
Activity: 210
Merit: 0
April 17, 2018, 04:08:21 AM
Trading, especially trading crypto coins sounds simple at first but it's actually not that simple. Not enough to rely on intuition. If only the intuition you use, surely you will lose. But more so, we need all knowledge of crypto. The ability to analyze and strategy is also needed to minimize the losses to be faced.
sr. member
Activity: 602
Merit: 255
April 17, 2018, 04:01:48 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 knowledge is essential one before you have to start a trade.In trading ,you are going to inverse the real money.We can't get money very easier.We are working for a month to get money.Trading is not a scrap to get your money.It's just an investment.If you don't have a patience,you should not get in to Trading.To get profit in trading,you should not allow your emotion to interface.
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