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Topic: Trading without knowledge - page 8. (Read 2127 times)

newbie
Activity: 58
Merit: 0
April 08, 2018, 08:55:42 PM
Even I don't have any knowledge about it for real. I just counted on the posts for data mining
member
Activity: 224
Merit: 10
April 08, 2018, 06:28:14 PM
Trading without knowledge is same like jumping off the plane without a parachute because without the knowledge of trading there are 99% chances of making the loss. If you even make a profit in 1 or 2 trades at the end you will lose all.
Ctn
sr. member
Activity: 644
Merit: 259
April 08, 2018, 08:52:58 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. I think that the best weapon and strategy that we should be and should have here is just to be patient and positive here in crypto. Trading is a challenging thing that would changebour lives for good in the future so we must focus on the things that will help us grow in this field.

Indeed. Creating the strategy before entering into the market is great step to take. There are people who only work out their trades based on the strategies and nothing else. Sometimes they are so best in that they could just earn huge profits without studying any back links of the project and neither they are considering different facts of the project, they are just understanding the behaviour of the coin, making strategies on that and earning with it. Greed will always be enemy of the human and to be frank most of the people are there who cant control it. Its far difficult and beyond imagination everyone being so straight about their trades and not being the greedy one.
member
Activity: 158
Merit: 10
April 08, 2018, 08:48:49 AM
I think trading without any knowldege at all and traded a big amount of money well let's say the word to you "stupid" because doing that will more and likely to loose your money.
member
Activity: 378
Merit: 55
Be Good to me!
April 08, 2018, 08:46:04 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 think trading with out knowledge is not good because it can't help you to progress easily. You need knowledge for the fast promotions. That's only their weapon to achieve their goals.
hero member
Activity: 743
Merit: 500
April 08, 2018, 08:41:35 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 think trading without knowledge seems to be difficult to get a better profit if you have experience and knowledge about the world of trading for easy to gain profit.
well, it's like playing gambling, because just rely on luck. but when you combine it with knowledge, it can be a great advantage in the future. sometimes the information becomes central very important in trading.
exactly and we know that this is may not yet even be look like that you have to depends on the luck of it cause you have to be more practical and to think what could be the best thing to do for.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
April 08, 2018, 08:39:54 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 think trading without knowledge seems to be difficult to get a better profit if you have experience and knowledge about the world of trading for easy to gain profit.
well, it's like playing gambling, because just rely on luck. but when you combine it with knowledge, it can be a great advantage in the future. sometimes the information becomes central very important in trading.
What is based solely on luck, it will not last for too long because sooner or later, luck also abandoned us and go to other people, trading based on luck sometimes we can succeed but if we continue, failure will gradually come to us and we will realize that knowledge in this world is very important. I never say with certainty that knowledge will help us to always win but it will help us get rid of some dangerous situations, give us more accurate choices and know when to buy or sell, a successful trader is someone who can survive for a long time, not a person who only wins in a short time
 
member
Activity: 294
Merit: 13
April 08, 2018, 07:37:06 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.

That's a true story because I started without any research, I'm just thinking buy cheap and then sell high. First, that strategy was work because I haven't try to FOMO but then bad news came and always holding my coins so I lost my investment although my investment just a little. From that, I learned that we must be a patient man because I think patience is the process.
sr. member
Activity: 490
Merit: 251
April 08, 2018, 06:36:39 AM
Many people are driven by greed, a thirst for easy profit, fear of loss. If you add to this list the lack of experience and knowledge about trading, the result is unlikely to be positive. If a person can not allocate time and patience for training in trading, he is unlikely to be able to trade at a profit and manage a decent trading account
Greed lead to huge losses because trading is like gambling they have to bet many times or bet high to win then after they loss they can't control their self to bet again to regain their losses. They should have some luck in their hands to be able to win in gambling.
But in trading, patience and knowledge are what we need to have because at first they have to be knowledgeable in some aspects of what altcoins have a great deal this time or what the community need right now so pump will pop out. After buying some altcoins patience will allow us to hold it until it's all time high exceed or when they met the target profits they want to have.
newbie
Activity: 229
Merit: 0
April 08, 2018, 06:15:19 AM
Trading Cryptos without proper knowledge is the most foolish thing one can do .To trade,hold and sell one need to be very clear with the crypto market and its instructions . Risk is always high while trading with crypto , you should make sure that your decision is worth doing at that time.
member
Activity: 294
Merit: 10
April 08, 2018, 06:06:30 AM
Number one thing that you should learn is, you are risk taker,  we all know that trading is very risky, complicated, and it is hard to do. Do not start trading without knowledge. Crypto is not so easy, you need to learn about crypto currency more and more. A beginner should start by choosing a company with a good reputation that offers an exchange and wallet. you can end up losing all your money in an instant if you aren’t carefull
member
Activity: 311
Merit: 10
April 08, 2018, 06:06:16 AM
It is hard to trade without knowledge in this way you can lose your investment if you don't have knowledge when it comes to trading and I think reading an article about the bitcoin or anything about the cryptocurrency is a big help to have knowledge in bitcoin. Knowledge will not help you much. In trading, discipline and experience are important. Only these things can help earn
member
Activity: 266
Merit: 10
April 08, 2018, 06:05:53 AM
I couldn't agree with you more because I know some people who just trade because they wanted an easy profit without gaining knowledge about trading itself and cryptocurrencies then they whine about it why they lost that much. There is no doubt that having theoretical knowledge is essential for any kind of thing. But besides theory, practical knowledge is also necessary
member
Activity: 294
Merit: 11
April 08, 2018, 05:36:18 AM
Many people are driven by greed, a thirst for easy profit, fear of loss. If you add to this list the lack of experience and knowledge about trading, the result is unlikely to be positive. If a person can not allocate time and patience for training in trading, he is unlikely to be able to trade at a profit and manage a decent trading account
newbie
Activity: 280
Merit: 0
April 08, 2018, 02:52:38 AM
Emotion, Patient, Knowledge is a key factor for the success of trading, Without these factors may fail the trader. I think every successful trader have these key factors. Always we should invest afford to lose in cryptocurrency industry.
member
Activity: 350
Merit: 10
April 08, 2018, 02:26:02 AM
No knowledge in this market will be what makes you fail seriously. There is no easy thing in the cryptocurrency market and you will have to pay a very expensive price if you do not really understand it. Luck will not be able to come to you constantly so learn so much and when you have confidence decide to invest long with it.
sr. member
Activity: 1974
Merit: 450
April 07, 2018, 11:35:39 PM
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 think trading without knowledge seems to be difficult to get a better profit if you have experience and knowledge about the world of trading for easy to gain profit.
well, it's like playing gambling, because just rely on luck. but when you combine it with knowledge, it can be a great advantage in the future. sometimes the information becomes central very important in trading.
full member
Activity: 1750
Merit: 118
April 07, 2018, 11:18:08 PM
Trading without knowledge is like donating your money to the charity. you cant possible earn a profit because youll probably loose if you dont have any knowledge in regards to trading. everyone knows that trading isnt a piece of cake or an easy task that any regular person can do.

Trading requires an adequate knowledge and marketing skill in order to initiate it properly and successfully. Much better if you can just invest rather than doing trades because investing doesnt requires any good knowledge other than patience and strong control of emotions.
full member
Activity: 420
Merit: 100
April 07, 2018, 11:08:09 PM
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 think trading without knowledge seems to be difficult to get a better profit if you have experience and knowledge about the world of trading for easy to gain profit.
sr. member
Activity: 594
Merit: 250
April 07, 2018, 06:58:05 PM
This is a bad idea trading without knowledge is not good. You know why because you might experience what i did when i was newbie. I always enter at the wrong price and the bad thing is i always lose my trades because i panic and i'm afraid i will lose my money. It was a disaster back then and i learn a lot from that experience.
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