What your opinion? - page 3. | Bitcointalksearch.org

Peanutswar

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

Trading an investment is the same with the risk and plan of course you will not go to trading without proper knowledge reason why ideal to prepare yourself first before initiating with your asset.
In trading the same way with investment you are putting your money and waiting to get profit in trading the difference is the time frame it could be a short period of time or long it depends how you want to hold your assets.
In investment could be properties or assets too it takes time depends on the demand and supply. I've seen a lot of people today learning to themselves or they are seeking for a guidance with trading gurus but for me if you have time and sources you can do it at your own.

death69

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Quote from: Compromise me on July 06, 2023, 02:32:30 PM

Quote from: jossiel on June 29, 2023, 12:35:05 PM

If we want to learn anything, the right way is to start with the basic. You are correct in mentioning that new traders often ignore the basics in their pursuit of quick profits. They become dependent on trading calls and tips which expose them to un necessary risks.

For trading it is advisable for new traders to focus on Fundamental analysis. If they are unable to do so, they can utilize Technical Analyss which can assist reduce risks.

To an extent, I agree with you. Absolutely, the fundamentals are required. And beginners are especially susceptible to the attraction of flashy profits. It's like a squirrel finding a nut: irresistible! But this is where our opinions diverge: You seem to be advocating for a method that puts FA first and TA second. Now, I'm not going to say you're completely wrong, but you're also not completely correct.

What matters is not if one uses FA or TA, but rather how one uses them. There are benefits and drawbacks to each. While TA looks at the "what" and "when," FA investigates the "why" of price changes. As such, why try to categorise everything? Why not tell traders to use both to their advantage? Traders require a versatile set of resources, not a cookie-cutter method.

Compromise me

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Quote from: jossiel on June 29, 2023, 12:35:05 PM

Quote from: lunnatic on June 28, 2023, 08:13:01 PM

Quote from: jossiel on June 28, 2023, 07:42:15 PM

Describing it as a perfect thing to do will only be visible when you're actually doing it and experience to earn and lose from it.

A beginner that's too optimistic in trading should accept the hard truth on life that even trading is a hard way to make money. That's why trade profits are also hard earned money and it doesn't comes easy.

Take one step at a time and don't aim for higher trades while you're new, learn to appreciate every small wins that you get.

When you are still a beginner, it is better to focus on learning and gaining as much experience as possible,
don't focus on trading results,
what is clear is that trading is not easy and it takes a lot of preparation.

The problem is, many beginners want to take a shortcut and aims to get the best profits that they can get while they're still too early in trading.

They're ignoring that thought because they think that it's so easy in trading based on what they've seen on social media where other traders are boasting their profits.

Little did they know, that these traders have gone through a lot of losses as well but they don't just share it for some reasons.

If we want to learn anything, the right way is to start with the basic. You are correct in mentioning that new traders often ignore the basics in their pursuit of quick profits. They become dependent on trading calls and tips which expose them to un necessary risks.

For trading it is advisable for new traders to focus on Fundamental analysis. If they are unable to do so, they can utilize Technical Analyss which can assist reduce risks.

TheUltraElite

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Quote from: lixer on June 29, 2023, 12:52:45 PM

Doing that is such a hard task and unfortunately only a few people are capable of doing it. Well not "few" people, but few percent of people. Only 5-10% of the whole crypto world is holding for long term, most of them just trade based on what they see and they do not end up holding for long term. That's a wrong move and hopefully people will learn how to do better.

I have seen people enter crypto with questions like which coin is the next 100x or which coin will always be profitable but deterring from bitcoin or from long term holding. If you are going to avoid the holy grail of crypto and also not have the patience to hold long, that person should not hope for good returns, instead they are looking for a get-rich-quick scam.

Quote

I think the best thing to do in this case right now is to make sure that we end up with a good return when we can, and it should be providing something that gets a good return. In order to do this, we need to provide proof to people that holding is a better way to make profit and that can be done too, but it will take some time before we can see a change like that, it may not be that easy at all.

Not everyone needs to preach it, just be a one-man army and run your trades as you want them to. Unless people learn from mistakes, they would not learn at all in this sector. Let them lose money and then see how humble they become if they chose to trade again.

ItsCrafty

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For me, online investing is a rather controversial issue. In order to decide on such an option, I analyzed the investment options and the possible result that I can get for quite a long time.

I think ,Online investing can be a good option for individuals who are looking for convenient access to trading and investment opportunities. This facility allows investors to access the markets to optimize their portfolios and actually benefit from the information. So you have to be careful before investing online, and after doing complete research, you can start this work. Kept in mind about market fluctuations as well as security-related risk assessment. Many traders should choose a good platform and keep themselves updated about all kinds of situations. So I think online trading or investment is a better option, but you should do all your homework before making your decisions.

lixer

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Quote from: petulino on June 21, 2023, 03:14:16 AM

You have presented a very good analysis that investing should have a long term strategy. Always hold coins for long term investment. Always buy in bear season and sell your assets with profit in bull season. This is the easiest way to invest your money. Here you don't have to face fear on a daily basis.

Whereas trading is done on a daily basis compared to investing and often times things can go against our expectations. There is a lot of brainstorming in trading on a daily basis and you have to stay connected to the market all the time. Due to which your daily affairs are affected.So I think investing is very easy from trading.

Doing that is such a hard task and unfortunately only a few people are capable of doing it. Well not "few" people, but few percent of people. Only 5-10% of the whole crypto world is holding for long term, most of them just trade based on what they see and they do not end up holding for long term. That's a wrong move and hopefully people will learn how to do better.

I think the best thing to do in this case right now is to make sure that we end up with a good return when we can, and it should be providing something that gets a good return. In order to do this, we need to provide proof to people that holding is a better way to make profit and that can be done too, but it will take some time before we can see a change like that, it may not be that easy at all.

jossiel

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Quote from: lunnatic on June 28, 2023, 08:13:01 PM

Quote from: jossiel on June 28, 2023, 07:42:15 PM

Describing it as a perfect thing to do will only be visible when you're actually doing it and experience to earn and lose from it.

A beginner that's too optimistic in trading should accept the hard truth on life that even trading is a hard way to make money. That's why trade profits are also hard earned money and it doesn't comes easy.

Take one step at a time and don't aim for higher trades while you're new, learn to appreciate every small wins that you get.

When you are still a beginner, it is better to focus on learning and gaining as much experience as possible,
don't focus on trading results,
what is clear is that trading is not easy and it takes a lot of preparation.

The problem is, many beginners want to take a shortcut and aims to get the best profits that they can get while they're still too early in trading.

They're ignoring that thought because they think that it's so easy in trading based on what they've seen on social media where other traders are boasting their profits.

Little did they know, that these traders have gone through a lot of losses as well but they don't just share it for some reasons.

Dzwaafu11

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

I'm not sure I get what you're getting at, but do you want to trade or invest in cryptocurrencies? I think you should pick one and concentrate on it, but if you are a complete beginner to trading, I won't advise you to begin. Imagine starting a business without any prior business knowledge. I believe you will be risking your money more than other traders are, so I believe you should go over the fundamentals of trading. There are many analysis and technical aspects of trading you must know before starting to trade, as well as how the market works and when to sell and buy.
Therefore, I believe that based on the way you are speaking, you are conflating trading and investment; you must be aware of the distinctions between the two.

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

Everything that is new for a newbie is highly not recommended if he does not understand how it works and also the risks that will be obtained because usually, someone will start doing business only focusing on profits but forget that there are risks that cannot be ignored if that person already understands it then it won't be a problem to start with.
First, you have to understand that trading is not an online investment because usually online investment is more often used by scammers to introduce their business. Trading is short term while investing is long term both have risks regarding which one is more risky it will depend on the choice of coin you choose for trading and also the coin you choose as an investment, so it is better to study carefully before making a decision.

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Quote from: jossiel on June 28, 2023, 07:42:15 PM

Describing it as a perfect thing to do will only be visible when you're actually doing it and experience to earn and lose from it.

A beginner that's too optimistic in trading should accept the hard truth on life that even trading is a hard way to make money. That's why trade profits are also hard earned money and it doesn't comes easy.

Take one step at a time and don't aim for higher trades while you're new, learn to appreciate every small wins that you get.

When you are still a beginner, it is better to focus on learning and gaining as much experience as possible,
don't focus on trading results,
what is clear is that trading is not easy and it takes a lot of preparation.

jossiel

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Activity: 2842

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Describing it as a perfect thing to do will only be visible when you're actually doing it and experience to earn and lose from it.

A beginner that's too optimistic in trading should accept the hard truth on life that even trading is a hard way to make money. That's why trade profits are also hard earned money and it doesn't comes easy.

Take one step at a time and don't aim for higher trades while you're new, learn to appreciate every small wins that you get.

lab10collective

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Quote from: peter0425 on June 26, 2023, 06:05:57 AM

But we have seen many newbie in the past or even recently that need no one but internet to understand and learn this market.
Actually i also have a friend that only lean crypto and become investor just because og his curiosity in crypto via internet or google.
So ideal to have someone but we can also have ways by using or net and curious mind.

It is a good move to get information in the cryptocurrency market through the internet.YouTube also provides you complete information about cryptocurrency market and trading and there are many YouTubers who provide you complete information about trading,but in my opinion, if an experienced and expert trader is hired along with it, trading can be improved a lot.Along with your own analysis and knowledge, getting trading information from someone you know can be very beneficial in trading. the best part is that when you start practical work on the cryptocurrency platform itself, your real experience starts there.

SaveOurSea

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Quote from: Alisha-k on June 27, 2023, 01:08:23 AM

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

to trade isn't the same thing as to invest, good thing you know they're risk involved in trading, so best thing to do is to get acquainted to how the system operates.
Read trading related courses, watch videos, get a mentor, whether offline or online, just get someone you can trust with questions.

Currently there are many platforms that we can use to learn about trading,
so the most important thing is the willingness to learn,
imagine if you have a mentor, namely your own friend, of course it will make it easier.

Alisha-k

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

to trade isn't the same thing as to invest, good thing you know they're risk involved in trading, so best thing to do is to get acquainted to how the system operates.
Read trading related courses, watch videos, get a mentor, whether offline or online, just get someone you can trust with questions.

sokani

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

First I would like to clarify one this that trading is different from investment. As someone that's new to trading I would advise that you don't just jump into it but get yourself some materials or videos and study or have someone mentor you so that can understand fully the rudiments of trading. Whenever you are ready to start trading, don't be greedy, you can actually start testing the waters with small trades and as you progress you increase your trading amount.

peter0425

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Quote from: Fivestar4everMVP on March 26, 2023, 06:30:33 PM

Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

An absolute newbie can not understand the rudiments of the market easily without a trusted person or persons guiding the user..
So my advice would be to first and foremost, find a trusted person as a mentor, he or she could be a friend, family member, a brother or sister.

The above is what I believe is the first thing to do when one is starting out their investment journey in cryptocurrencies, as well as crypto trading, cryptocurrency still looks very complex to many, newbies would make a lot of wrong decisions if he or she doesn't not have a mentor or tutor.

But we have seen many newbie in the past or even recently that need no one but internet to understand and learn this market.
Actually i also have a friend that only lean crypto and become investor just because og his curiosity in crypto via internet or google.
So ideal to have someone but we can also have ways by using or net and curious mind.

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

If you want to invest money for the long term and go about your business without distractions or worries, then it might be better to choose observations. It will be the best. But no one will give you a guarantee about this. And if you want to trade a question, then you need to study, study, make mistakes, gain experience. It's just that investing and trading are not the same thing, and you hardly have to answer the question. You'll realized what you really want.

In any case, I wish you success!

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Quote from: Sakanwa on March 26, 2023, 03:30:36 PM

I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her. What will be your advice for such person as a beginner into online Invertement. I want to hear your opinions if it right or wrong despite it risk,so what your opinion or advise .

i am quite late to share my opinion here but opinion is opinion and it always have some value, so here is what my POV.

If you are a newbie in investment and choose trade as perfect for you, then first of all you have to understand that, both are different things. Trading has its own perks so does Investing has. And, after understanding the difference between both, you should keep in mind the followings:

Always make up your mind of how much profit you want to book so that you will not fall greedy for more profits and end up with nothing.
Always use stop limits, because you do not want to observe the market 24 hour.
Always trade with the money you do not care about that much, i know money is a thing we all care about but use only that you can bear to lose.
Do not perform future trading as it is highly risky, i prefer you to start with Spot, never go for more profits, and more money, and always try to make your life less risky by earning more by little drops.

TBH, i did not read any of the reply under your post, because those are so many, so i am just sharing my thoughts which might be shared by them.

MingMining

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Quote from: RewFrew on June 21, 2023, 03:58:35 PM

Trading is not too much easy. For proper training or to be a real trader you need to learn more and more. Without proper training no one can profit. Although some times could be profit. But thats will be for short time. And for a beginner my advice please don’t invest at first. And learn more and more about trading. Without proper knowledge about trading you will be high losser there has no doubt. I am also advice you please don’t careless about learning. Learn More and more you will be profitable today or tomorrow.

You have given great advice that online investing is not that easy. A lot of people are realizing that trading can be very profitable, but they don't understand that they need to learn and understand trading to get profit. Trading is a good platform to earn profit, but experience is very important for that.In trading, where the profit is very good, the risk of loss is also high.

I think newbies who have no trading experience can make a long-term investment by choosing from the top different coins in the market. Investing is a little easier than trading. For investment you have to choose a good and top project once, and then will have to hold for a long time. A newbie can easily invest here without any experience. If one still finds it difficult then investment in Bitcoin is the best option.

TheGreatPython

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First, I would not compare trading and investing. These are still slightly different concepts both in the essence of the work and in the style of work. In addition, it depends little on who will work. It is more important to pay attention to precisely such details.

Well, maybe trading and investing are different terms with different meanings in general, but if we talk about the cryptocurrency industry, investing is the act of buying a cryptocurrency with your money, and since once you buy, you will also need to sell it if you see you are getting profits, so when you buy and sell an asset, that is called trading, so investment and trading are to be considered the same thing in the cryptocurrency market.

Trading does carry great risks, especially if you are trading a cryptocurrency or any asset that is highly volatile because volatility can go both ways, sometimes it goes towards the positive side but sometimes towards the negative, so one needs to be careful about which cryptocurrency they are trading and how much money they should risk on it.

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