Topic: What if I don't know how to trade (Read 671 times)

Base on your Title. "What if I don't know how to trade"?
Anything you don't know in this world, you ask questions to Know and learn more. Nobody is an expert in anything because new things are coming to the world every week.

But if you really want to know and learn you must ask questions. Don't be reluctant and idle.

Does anyone go into trading just to get only knowledge? I think the main reason why people people go into trading is to make profit. It does not make sense getting knowledge for trading and the knowledge not applied to trade. Having knowledge in trading and starting a trade goes in hand together,  but what comes first is Having the knowledge then apply it to start up a trade.

It's a good call. And indeed, HODLing has its downsides too. One has to have money he can afford to lose or have it locked for long time. One has to have read and trust the investment. And one has to learn patience.

If he has patience and trust/knowledge he will not be tempted to FOMO then panic sell (buy high, sell low), since Bitcoin price has its ups and downs, which can make hodlers too uneasy.
But I agree, holding is much easier than trading.

You can learn trading. Traders need to have knowledge of technical and fundamental analysis. Traders need to be disciplined to become profitable from trading. It’s consistency that makes trading difficult. If you can backtest, learn and strategize, trading can be very rewarding.

and if one doesn't learn, then he/she should be ready to learn from their loses, because it would only take grace to make profits if you've not learnt how to trade and you push yourself into it.
I'll rather advice, if you find it unnecessary to trade because you feel you'll still run at a lose with or without the knowledge, then I say your wrong, rather than have such mentality, learn the basics.

exactly my point, no knowledge is a waste, if you want to progress immensely at what you do, it's best that you put in time, efforts and money in other to learn them, the fulfilment and joy that comes with that alone is enough to make you aspire for more knowledge.
There's usually a difference in all spheres of life between someone who's knowledgeable in a field from the one who's just learning from the experiences the make along the line.

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so to become a good trader, while learning how to trade also build discipline and build your patience level, it's true that crypto comes with lots of heart shockers, some are positive and others negative, most times it seems the negative out shines the positive and it makes people want to quit the system, so you need to be disciplined and patient to stay through it all.

Every trader has their own strategy for trading and it's true that it all takes a process. Skills and knowledge are needed in trading in order to trade well. Some people fail in trading because they are not ready in knowledge or mentally because trading requires a strong mentality to deal with the ups and downs of the crypto market. Trading is risky but it can be learned so if we want to learn and also make peace with the ups and downs of the crypto market then it can be skipped. it's true that don't be too hasty because that will make our minds become restless and more emotional.

If one keeps self from learning that is to say trading is not meant for the person. It is a bad idea to force yourself on trading when you don't have any understanding about trading. Trading can be learn in many ways  online or offline , you can choose the that seems okay to you.

This topic has been treated countless times already. In as much I can tell. Nobody goes into trading just for the knowledge rather it's for the money. It's very difficult to master trading, it takes a whole lot of time, knowledge and energy to be a pro in trading.
In trading, you gain and also lose at times. Everyone doesn't need to learn how to trade in crypto. Trading is a matter of choice

If you don't know how to trade,you dont need to keep silence,always ask people that know what you don't know so that you won't waste your resources trying to do what you don't know how to do.
Seek for people that knows how to trade for them to teach you,and make sure you learn gradually to avoid mistakes.

Don't try to trade on your own if you don't know how to trade,doing that is just like taking a stupid risk that won't amount to anything.

This is emphatically your own point if view seriously....
Does it mean any trader that doesn't know his left from right will just start getting benefits simply because he's active in the market when the benefits came? No!
Some traders don't understand how to read new and follow it correctly, not to talk of staking coins to trade appropriately...
You would have said if it were a general profit drop, everyone active at that point can enjoy....I leave no doubts

Is not all traders that knows how to trade Bitcoin, but all traders knows how to lose in trading, this is the difference between trading to make profit and not making profit, the profit of a trader come by chances both the good one and the bad one, when opportunity comes any trader who is in market will benefit the market profit immediately

I will give you a one year and one week course on trading.

pick a shit coin.

say doge

buy 10 usd of it 52 weeks in a row.

no matter what happens to the coins value hodl it

the cost would be $520  on the 53rd week send me a pm and post back here in this thread.

if you can not hodl that coin all that time if you can not pay the $10 a week for more coin most likely you will not be a good trader.

you fail the patient and discipline test.

good luck in whatever you do.

Very few traders can trade with a good profit. This is the dream of any trader, but most of them trade in a small plus, which nevertheless allows you to have a profit on the result, which is sufficient to ensure life. But most market participants do not achieve such results, despite attempts to learn, in this case it is necessary to focus on long-term investment, which usually gives more profit than day trading.

Report it as plagiarism.

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The first point here is to start learning before you actually spend money on the  high risk activity "investing and trading". It is never advised to anyone to invest or trade if they do not know what crypto is or the asset they are going to choose. This is an activity that involves real money where loss is the most real risk a person experiences. So I think it will never be good to do if they don't have basic knowledge about it.

Yes, it's about learning. But sometimes a person also needs experience to make him more careful in making decisions. Theory alone may never allow us to truly understand how markets work, so experience is needed too. Hence, it is advised to study and start considering the risks involved and do so very carefully and never to be greedy.

Most of the new trader thinks about that trading is very easy but this is totally opposite about that. without any learning that how markets have moves? and when we enter right time ? they have nothing about that so first learning vert important as well as fundamental new we have to focus on them . some time market have behaves on the basis on news . so first learning then you can a successful trader

If we are interested in something, it definitely needs to find a way to make it and learn how to do it, this can be applied to trading.
What if I don't know how to trade? Then must-have to know about trading! That is the thing we should have to do in the first place and we keep asking, reading books, searching online, and etc...to further enhance our knowledge and get some ideas.

because if we just do nothing, no way we are able to learn to trade. Maybe, it was also the time to ask ourselves if we are willing to learn even it takes months or years, or if we just give up.

Wait a second, those sentences sound familiar. Oh wait, I got it!
You are so lazy !!


Didn't expect this in the same thread 

In whatever cases, not only in trading, Never do anything that you actually don't know, moreover related to money until you really know and understand about it.
By means, be careful of yourself, of your ways in making decision with your money.
Many people lose their money because they are doing something that are very risky but in fact they know nothing about it.
It is not only about trading but also  investment.
I suggest you to learn at first, Learning today doesn't mean that you are late to learn. Learning is whenever you want to start.
Learn anything about crypt, about trading, investing, and more other activities related to crypto, learn also the ways to secure your assets.
there are so many sources to learn about trading and all those things in internet and also in this forum. What you need is about wiling to  read, learn, and understand them at first.
After ready with the risks and understand trading, you can start trading with small capitals at first to start learning by doing.

It could really be frustrating, every -Newbies- want to give an important education about trading, in the own virtual world, they have wrapped their hands around everything that it takes to trade Crypto-currency, but let me bring them back to reality, even the most experienced hands in trading still losses funds in trading, also like in my normal fashion, trading isn't a must or is it for everyone, while falling victim to bad trade and also to scam traders only the generalize crypto-currency as a death trap.

That is very important to evaluate ourselves of what a thing we can do, in fact, trading is not for everyone. And just like what OP is saying, he probably finds another way to make money or has to push himself to know about trading. But as many people say, this can never be easy and shouldn't be thinking it could be lean instantly. That is why if we are impatient people, it is a need for us to move on and forget about trading as a side from being costly to learn about this, that certainly it takes time.

Trading gats no joy for the novice. Run far from trading if you can't trade professionally. Trading is not something to give a trier if you don't understand the basics.
To be an investor in a project is more relaxing than when trading with money that you're not sure whether you'll be on the losing side or not(profits)

Unfortunately, not many crypto traders do that. In fact, the vast majority have been losing money. The main reason why many traders lost money was lack of basic knowledge. On the other hand, we are witnessing the emergence of alternative financial instruments that offer more stable results in a very short period of time. On top of that, they provide you with the chance to protect your capital during a decline in prices.

Just two simple answers from me:
- Don't trade at this time. never trade if you don't know how to trade
- Learn how to trade before trading exactly

Start from understanding about cryptocurrency, exchanges, and also basic skills of trading, its benefits, its loss probabilities, its risks, and it is chance of earning money. Then, you can develop to know which are coins better for trading, which are not, about indicators and other analysis of trading in certain exchanges. Some tutorials on YouTube and other sites are helpful.
Try learning from the simplest thing.

I am trading using my money and knowledge to earn money, and I am also trading by doing the learning.

Learning about trading will certainly lie on us personally. There might be people who get involved in learning but it was us who work it hard to find the answers and the learnings we needed in trading. I'm following some people who are good in trading and sometimes doing a copy trade but not all of these works for me, maybe because there is something been hidden and being an untold story that keeps those people succeeding. That was a secrete recipe.

Trading isn't a joke nor was a an easy job and therefore, we have to think about that and act wisely.

That concept you narrate is typical example of Trading from my perception consideration of trading, we all know that Trading always hit the nail at buying and selling of cryptocurrencies in general wether profit involve or lost, all of them are involvements of Trading, so from my own objectives hodling a particular coin can't be consider as trade, i only seen it as long time investment, so anything exchanging of coin in order to make profit is trading from my perception, everybody have he or her definition to portray as Trading per say.

Yeah, you are right at some points, but also you don't give a proper solution either. You do give some better places to learn trading. You mentioned some points, like we are following lots of people, that's why we can't get proper guidance about trading, because the reason is that we are always finding free things. We find free courses. That's why we failed. We search for lots of influencers' courses and follow them. That's why we can't complete any course and we can't get any knowledge. But in the courses I took, they always talk about profit, where they show less risk. And their main goal is to sell the courses. If you can give us a better place to learn it, then it will be great for us. By the way, thanks for the info that you provided.

Trading is simply buying and selling taking place at the same time. A lot of persons grab this definition and think that the crypto market trading is all about buying a particular coin and hold on to it. Some others even get the buy low, sell high principle but still, they get into loses each time they try trading.

Trading is nothing something you just rush over with scanty or fad ideas of how the market works and reoccurring conditions that could necessitate an action which is either buy or sell. One has got to study the antiques of the market, come up with a strategy and get used to it through several practises on a demo platform before putting out some real money. Otherwise, you might not just loose but also, swim in depth. Trading is a highly professional field.

Learning how to trade is just the starting point if you can't level up your knowledge consistently then there is no point starting the process at all. Trading is an everyday adventure and as such you keep adapting to the market learning everyday. Losses is part of the learning process and a better way of getting to know the market better. This questions will keep popping up because the market structure can never be completely understood it's an everyday learning process

I might argue that somebody that starts a thread like you posted above is ALREADY trying to learn.  About the skills, no forum will ever give you that. You get skilled by getting your hands dirty, no way around it.
True, different people look for different ways to learn. I wouldn't dream to go to a forum empty handed. Before even joining this forum I had already taken 3 different courses on cryptocurrency trading and investing. Right now I'm downloading my 7^th. But you take a risk either way. I wouldn't feel comfortable asking others to work for me for free, if I hadn't done at least "some" legwork previously.
Then, of course, will come the time to put that knowledge to the test. That's the "skill" part, and at that you're alone, unless you have the means to hire a mentor. That's where I'm at, right now. I have gained a great deal of knowledge here, over the last few weeks, and I'm eternally grateful to those that took the time to help me, but I don't daydream: I know this is gonna have a cost, and I'm trying (best I can) to make it as low as possible.

Then again, different people have different circumstances. I can follow Internet courses because I have a computer to download them into, and the knowledge to do so. A lot of people don't.

Nobody can teach you about how to trade, probably you can learn the process but its simple just buy low and sell high and you can get advise about choosing the marketplace which are exchanges, p2p, etc but only you can learn trading by yourself which will come from your experiences.

Absolutely!As for me, I won't take the risk. It would be better and more profitable if I will exert first some effort in doing research about crypto trading and absorb the learning ideas that could help me all throughout my crypto trading journey. There are a lot of platforms that could possibly help us learn how to trade. In my part, I learned a lot in youtube trading tutorial videos and some additional google research and techniques. Knowledge for me and self discipline is a must before we start into something especially in terms of crypto trading to avoid losses.

"What if I don't know how to trade"
  and why would you indulge in something you can't do? Most peeps are very concerned in earning money but they wouldn't wanna know technically...
* How it is made
*How their bucks replicates
* How the company makes profit too
 Most peeps are just so self centered and that's why they keep investing in the wrong platforms and end up being robbed of their    coins.
 Come to think of what @mk4 said:
* Trading needs a smart head that could probably read and understand the trading news and place right candles on the right spots to minimize loss not some dumb a$$

If you don't know how to trade than invest and hold for a long period of time.i don't think trading is the only way. I don't think trading is that easy because it needs a big research and also need quality research. In fact trading is not main for lazy people. When trading you always need to be active online and always go for more research about the coin  you want to trade, so trading aquire time and dedication of active research.

You can't learn anything useful about trading on this forum, you will just get some random tips and that's it. There's not a lot of pro traders here, and they won't spend their time teaching a newbie from zero.

Learning from courses and other materials won't guarantee your success. It's a widely known fact that most short-term traders lose money, and those are people who spent a lot of times learning from supposedly high-quality materials.

Then you need to also remember how insanely rigged the crypto market is. Scammers create shitcoins, pump them by hiring shills and using their capital to drive the price up, then dump it all and move on to a new shitcoin.

Don't trade crypto, don't look for "good projects", it's all just gambling where the risk is higher than the gain. Buy Bitcoin and HODL.

Actually, if we don't know about something, don't do it at first.
Do it when you have knowledge about that, in this case, trading. And when to do it? After learning of course. Learning means very dip and wide to get knowledge, experiences from other people, and also many sources.
We can see how the learning process may look easy when we are only staring. But it will be very difficult when we are learning by doing to get some experiences.
I do very much agree with some people here. That: read, read, learn, learn, and learn until you know to trade, you are ready to trade, and you can prepare yourself to trade.
Crypto trading is not something easy. And we must not underestimate trading Trading needs knowledge skills, strategy, and good management.

I wouldn't suggest buying courses immediately when still trying the waters. Everyone can trade, but trading is not for everyone. I stopped trading because the time needed does not fit my schedule, and if I bought courses immediately, I would have regretted that kind of decision that I should have invested for long-term in Bitcoin instead. There are free resources out there anyway and there are some doing tutorial in YT as what you mentioned and I think that's sufficient enough. I would only buy course if I am "fully committed" to trading.

Well, I don't think if there is anyone willing to teach you here in the forum but if you are talking about giving advice, tips, technique, and other fundamental and technical analysis, the rest was been made to learn on your own. If you don't know how to trade, you can stay here for a while and gather the information you need by having your own searching. I suggest also if you are technically new in crypto trading, don't immediately jump in into the trading field without proper knowledge, it will perhaps end up for you robbing in front.

Mate, even when we have the means and materials to learn how to trade in cryptocurrencies, it can still be difficult, and I believe it is not for everyone. That's why some of us are just putting money in and asking our friends if it's time to invest now and wait for the long term.

If a person is truly interested, we can watch a lot of tutorials on YouTube because that is where I learned a lot about trading, and I believe it is sufficient because it is very effective if someone is teaching you step by step and explaining the various types of technical analysis while showing you the interface.

I think you are right, but not everyone wants to be a pro in trading. Not everyone even want to learn. Some people will always want to earn even without learning much. They can achieve this when trading by proxy. They can be trading with reliable signals (if there is any) or by copying trading.
So, in which ever method, the most important is risk management. Being aware of the reality of the market. Market volatility can shock anyone, even pros.

Your questions are really very important to know and in Crypto without experience or better knowledge we should not go for trading.
If you are a new trader then try to learn first and you can see many YouTube reviews of Crypto trading.

Again you will find best Courses about crypto trading in Udemy platform.Just buy them and finish the course properly.

Hope you will learn a lot.

It seems that those who are relatively new in this forum focus way too much on trading. It's almost comparable to people wanting to make a living by gambling and playing casino games. The odds are against you all of the time. Keep that in mind. That's why we have 100s of casinos and sportsbooks. If they were losing money, they would close down. Instead, new ones are popping up all over the place.

There is nothing wrong in seeking knowledge, showing an interest in trading, and wanting to make money. But I have a feeling that people don't realize how many traders lose all of their funds and fail. Those who lose never get the spotlight, so you don't hear their stories. It's those selected few who manage to make some profits who are in the center of attention.

For general folks, trading is not a skill they ever need to master. Just buy the coin in a quantity and at a price you are comfortable with. Hold it for as long as you want. Convert it back to fiat or trade it for goods and services when the price has gotten to a point you are satisfied with. For the majority, this should be enough.   

Trading involves a lot of skills and strategies, hardwork, and to be consistent. The trader must have knowledge before actually trading because it is the main thing that ever trader must have. It is very important.

However, it is risky and could be more risky if you don't know a thing about trading because If you're just gonna trade cluelessly then you'll probably end up losing all of your assets.

The last thing you need would be to have patience and the habit of calming yourself after encountering failures. Do not get discouraged easily beacuse if you do you'll lose. Have hope of another opportunuties to come as it might lead you to become successful.

This forum really helps with teaching people how to trade. But people also need to keep in mind that this is only good for trading on a certain level. The higher echelons of trading require experience, expert levels of knowledge, and quite frankly, balls of steals and solid nerves. And people too often get delusional and think they will amass huge amounts of money by trading just for a couple of days when in reality they are nowhere near the level where serious money is being thrown around. Check yourself before you wreck yourself.

Very specific topic but certainly a trader can do some trade and become an instant holder. Nobody losses holding for long term, hence they just earned through time as the coin or token they invested is growing. There are times that just by holding we could earned a lot especially if we just wait for the right time when should we sold our tokens.

Consistent research to gain more knowledge on the course you want to enter into can also give you an insight about it.Secondly,you must be able to ask questions,meet people that are already in the system to ask them about how they trade,getting knowledge from people that have experience in that field will help you in carrying out your purpose.
After that,try with little fund to see if the knowledge you've gathered is able to make you trade competently.
And lastly,if you fail,do not fail to try again.try again,and correct the mistakes you made first.failing is not failure,it is called experience.

Indeed. Knowledge is the main thing that every trader must have before they trade.
Trading can be bought and sell and whenever you buy and sell, you do trading, which is the simple thing from trading.
You do not have to buy and sell too often if you do not have much experience or knowledge because that will risk losing the money value.
But if you want to make more profit, you should learn how to analyze the coin, how to know the right time to trade and else.
Many things you need to know about trading and that needs time before you can master them.

It is not wise to dive into the deeo water you are not sure if it is safe or not. Who would be stupid enough to dive a body of water where the water is unknown if there are monster fish swimming in there. The situation I just made an example with is the same in trading. You just dive into a trading platform without knowing if it is legit and not a phishing site. Second is that you have to know the important things to start trading. If you ask me what would I say is it will only take 5 words which is "DON'T DIVE INTO THE UNKNOWN" that is why study, research and learn first is a must.

The skill which is the knowledge is the main thing , having a solid knowledge in trading will make trading very easy. Process of having this requires patience, hardwork, consistency . When one is too desperate to make earning in trading it doesn't end well most time, so knowledge before any other thing.

If you have an internet connection and any kind of device you can now make yourself find the information you don't need anyone as your mentor you can get information to them but they are not always by yourside and trying to teach you all the mistakes, chance to get profit and etc.. If you are willing to involve with trading you need to start by yourself gather all the information needed sometimes having mistakes on trading gives you experience and try to deal and learn with it. Try to get more knowledge first not just only put leverage predict the market price and expect to have profit.

Check very well most of the people that asked such kind of questions is basically newbies and they are asking to know, because the knowledge of trading is absent to them, so it's good to ask a question because question brings solution to a problem, so basically whoever that asked such maybe wants to engage into trading.

To learn trading is basically base on determination, a Trading can be achieved primarily through online tutorial via YouTube, and also you can learn the concept of trading through the forum, but it's advisable and encourageable to learn perfectly through manual after you have been grab the elementary aspect of it from another source so that you won't be discouraged.

The reason while people trade is not because of knowledge, most they trade because they want to make a profit, but really it's adequate or frequent trading that will expand the knowledge of a trader in order to realize its previous mistakes, considering the area of laziness points of view, no trader is lazy or not conscious of time factor, any who is not smart will definitely endup with lost of capital.

Actually you are right in one perception, Because a skill is the elementary section that can render help for elevation if hope is lost, so at this point relating this kind of skill to cryptocurrency that means you are trying to put it to us that trading can be as a  result of skill?

First thing first, knowledge is very important in trading and if you didn't have this I suggest to don't push yourself in trading because it hurts to see that you've lost your money in trading.  Learn first very diving into the trading and that is a very important aspect, if you're not yet ready don't be in hurry because learning is the most important than making a profit.

If you don't know how to trade and if you're willing to make money in trading, I suggest to invest and spend your precious time studying and searching for any related to trading stuff either it is technical or fundamental skills.  As long as you gain knowledge and you're ready for it, you're good to go in trading.

Holding and being patient is a skill.

You don't have to be a full time trader just to make money buying and holding bitcoin. You still have to trade it but at the best price that you can see.

Just don't be a trader if you don't see yourself being one, we're better as a holder.

If one must earn from trading constant learning is involved. The money shouldn't be the ultimate reason to learn how to trade if one gets and masters the skill certainly the pay automatically gets along. I suggest any one with the interest to trade should get the passion first, secondly develop enough time to its learning process then sit back and watch the pips pay the bill

This is why getting the skill should be a Paramount rather than putting your mind on how much you can make rather than focusing on learning first. Trading is not that easy which is the reason why someone longing to be a trader should focus.

You just hit another hammar on my bald head and now I can feel the smoke coming out of my score. Next time maybe I would try using face cap...

Not knowing how to trade is not a very big issue. The issue is, how do you learn!

Practice trading has been made a lot more easier and lose free but most persons always turn the blind eye to that innovation. Everyone wants to jump to the real deal and start earning coins from trades. They tend to forget that, trading is a highly professional thing and a lot of persons has spent time to perfect there strategy about the market.

Demo trade is free and can be used to trade that same market. You lose virtually nothing should you loose but, your trades face the same market environment as the actual trading on real accounts do. Try using demo trades sometimes and tactics trading until you've been able to perfect a strategy, then you'll be sure your ready to try out with actual money.

If you don't know how to trade then don't try it in the first place because you'll probably not succeed, remember 90% of the traders aren't profitable. Why go into such professional when you can basically hold unto your coins and be more profitable than a trader would ever be?.

I guess you can say the timeframe is too far with investing, well if that's the mindset then you're lost as those quick profit mentality will cloud your judgement of the market and make you make unnecessary mistakes.

Ps: OP seems like you just found out that you can add colour to your text, slow down buddy as when you overdo it, it makes your thread annoying which might get the thread ignored and probably end you on users this style of posting irritates, ignore list. Don't over use this feature.

Is there really anyone who just wanted to learn to trade for just knowledge sake alone?
The thought that a skill has the capacity to give you money should be motivation enough to drive you the interested person to want to learn well and more about it. For trading, the more substantial knowledge you can gather, the better your chances of making good profit from it.

After doing that and yet still having some trouble with trading then you shouldn't trade yet. Another one is, are you willing to take the risk for the sake if earning profit by trading?. You can try searching in google about trading and you have to include bitcointalk i.e "How to trade bitcoin bitcointalk" then check if there is a thread or a site that make you interested in learning.

Questions always will raise where people live. But sometimes users of this forum make few stupid questions. Where they could learn from previous discussions, instead of that just simply raising questions like how to trade, when BTC will go $100K, and so on. In the beginning, people think trading is the way of becoming quickly rich which isn't true at all. There are many platforms from where we can learn how to trade like YouTube. But for gaining experience we should trade ourselves with a small fund. On the forum teaching you how to trade is quite impossible. But we may share our experience how to gain or share a few technical discussions which would help to improve our trading skills. That's what we can get from the forum.

Learning is constant and I wouldn't mind to get it all from.

Maybe you can help on how to search for past topics on bitcontalk so this could help me in making references. I really appreciate your input but I still need to hold my chest cos you really hit the hammer on my bald head
Knowledge is power! My kindergarten days was all about acquiring knowledge.

You are not totally right sir. There is a benefit here. And that is these post help to qualify to get the payment for the signature  campaign . kidding....

Btw op if anybody don't know how to trade just don't go to do trade without knowledge and Learn before doing trade.

If you do trade despite do not knowing how it works you may lose in that trade even you can lose  your all capital.

Wow...that would have been amazing and everybody will be okay by now without bothers.

Don't you think 1 BTC could be that much looking at the current price. What of if you are offered 1 btc minus 0.99999 btc

I do agree with you 100%. Day trading or short term trading is not for everyone even experts are not good in handling it at times. IMHO, trading is more of luck then about how much knowledge and skills you have. I always go for Hodling, since I feel more comfortable with that strategy.

I strongly believe that you will not benefit from asking general questions like this. Before you ask a question, do a search on Google and YouTube to learn some basic things and when you can't solve a problem you can ask your question here.

I am not telling you not to create new topics in the forum, but asking general questions without background often leads to spam and a lot of topics that you will not benefit from, as trading is a huge science and you will not get a lot of information without your experiences, not to mention small BITCOINTALK responses.


Learning is useful, but it requires desire and constant research.

I'm sorry, but if I would get 1 BTC for every "trading advice" thread posted on Bitcointalk with almost the same exact "advice" that's just rehashed in dozens and dozens of ways, I'd probably already have the total supply by now.

Trading is an strategy, and you may decide to follow that strategy or not.

Some people will fell better just holding assets they believe have stronger fundamentals, and do not care about short term volatility. Traders focus on short term volatility.

Personally, I know more people who were able to make money by holding assets in mid-long term than people who made money by trading or day-trading.

It depends on how much time you have available to focus in your investments, how much you like technical analysis and so on. Not everyone need to follow that path. I don't. I am a holder.

Greed always comes in the way while making money and most of the times it takes away the profit we made.
Even I have seen many people asking how to trade and my first advice to them is always to learn and get the basics right.
Learning is the only way to progress and know how to trade and when to trade.
Also, the most important thing when trading is to learn from the mistakes and not to repeat the mistakes.

Wait a second... you've missed something.
How about another start: trading is not for everybody. Trading is risky, trading needs learning, trading needs a certain mental discipline (i.e. balls).
If one thinks he has all this, then he can start learning and playing with tiny amounts (and clearly no leverage).

And then the other advises of yours start to make sense.

Sometimes when I scroll through the forum threads, I'm always amazed to see questions like; Can someone teach me how to trade? Where can I learn how to trade? How can I use indicator to trade? You know what? These questions always get what they deserves. The right answers always pop-up on the table for everyone to learn from different perspectives. Bitcontalk.org is a great library of information from substantial sources, so don't mess with it!

How can I learn how to trade? This is a question every had been asked from one time to another, from one person to another without paying much attention to what it would take to be a trader or one losing trades. Trading is just like a game of thrones. The tough will end up getting the balls rolling when the weak might have left the track due to inconsistency, fear, ignorance, weak strategies, weak risk management and greed.
 
You can either get trading skills here on the forum by asking questions and getting answers or attaching your time with sites/platforms that give trading lecturers, be it online or physical classes.

Are you going into trading for the money or for the knowledge?
Don't be too faster than your shadow, trading is not meant for the lazy. Don't think immediately you get into trading, you'll making money, cos time is necessarily important to gain mastery. The great traders who are making great profits from trading had already sow the seed and now reaping their harvest so let's be patient. Don't rush cos slow and steady wins the race..."Power of consistency" with brain not just working blindly.

Get the skill before going for the money. More money is the goal but a sacrifice has to made. We need to learn thoroughly become dexterously brilliant to analyze the market. Do fool yourself with greed or over curiosity cos it might lead to confusion not necessarily becoming a short term deficiency but a continuous defect that can relinquish our faculty of the market.