What your opinion? - page 4. | Bitcointalksearch.org

jossiel

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Quote from: lunnatic on June 28, 2023, 07:13:01 PM

Quote from: jossiel on June 28, 2023, 06:42:15 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, 02:30:36 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, 02:30:36 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.

lunnatic

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Quote from: jossiel on June 28, 2023, 06:42:15 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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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, 05:05:57 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.

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Quote from: Alisha-k on June 27, 2023, 12:08:23 AM

Quote from: Sakanwa on March 26, 2023, 02:30:36 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, 02:30:36 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, 02:30:36 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, 05:30:33 PM

Quote from: Sakanwa on March 26, 2023, 02:30:36 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, 02:30:36 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, 02:30:36 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, 02:58:35 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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Quote from: Sakanwa on March 26, 2023, 02:30:36 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 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.

Fuso.hp

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Investment is one of the means of increasing one's money if the investment can be done in the right place then it is possible to get more profit from that investment. We can choose Bitcoin for online investment. Because Bitcoin is always the best investment. You have mentioned risk here even if there is risk you have asked to discuss here about the investment. No matter where you invest, you have risks. Because if he invests he will not get profit from that investment and he cannot say that the investment will fail. If you have enough money then you can invest some part of the money in Bitcoin and hold your Bitcoin for a long time. Hope this investment will work for you.

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Quote from: omgitsmehehe on June 13, 2023, 05:44:11 PM

There are many things to apart from trading in the market, investments like opening a large retailer shop or a boutique. Even in cryptocurrency, there are many complex sections to understand in the market, buying and holding for long term, which is a good illustration of investments. It's stress-free with significant returns specifically when the market pump, but we displayed sad faces when the market is not going in our direction. Trading is not an investment rather its the activity that keep traders going on and steadily on daily basis.

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.

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Quote from: TheUltraElite on June 19, 2023, 09:18:53 AM

Quote from: Timmzzy on June 12, 2023, 02:06:44 PM

trading is not an investment but a little kind of it tho, because your time spent on trying to make money trading is you investing your whole mindset over it. investment doesn't have to do with much of your time, just your research is ok, in the side of trading u have to analyse the market for you not to trade in the opposite direction of the market if not you are doomed. trading has a lot hommie if you can face it then you can go for it.

It is an investment if you think of it to be. Some people consider gambling as an investment too and I would not go and say that they are wrong. It only depends on how you manage the risk and the profits.

You can be learning how to trade and practice it on paper, then step on the real market and invest your available bitcoin or fiat for something else. How long or short you go, all will define your trading nature.

Many members of this forum accumulate bitcoin for long term holding. In terms of trading they have one or multiple buy orders executed - how they recover that capital is how the investment is going to be.

It could be consider as investment as you risk your money in a short period of time but trading have a high risk involved unlike to investment. And I consider trading as a short term where it happens too fast wether you lose or profit money depends on your decisions. That's why you need patience in here, it would be a good thing if you already have experienced in one of the two so you could already manage the decision making you would do.

And I agree that you could start practicing by the book and execute it starting from a small amount so you could gather experience and build strategies for you to be able to master trading.

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Quote from: Timmzzy on June 12, 2023, 02:06:44 PM

trading is not an investment but a little kind of it tho, because your time spent on trying to make money trading is you investing your whole mindset over it. investment doesn't have to do with much of your time, just your research is ok, in the side of trading u have to analyse the market for you not to trade in the opposite direction of the market if not you are doomed. trading has a lot hommie if you can face it then you can go for it.

It is an investment if you think of it to be. Some people consider gambling as an investment too and I would not go and say that they are wrong. It only depends on how you manage the risk and the profits.

You can be learning how to trade and practice it on paper, then step on the real market and invest your available bitcoin or fiat for something else. How long or short you go, all will define your trading nature.

Many members of this forum accumulate bitcoin for long term holding. In terms of trading they have one or multiple buy orders executed - how they recover that capital is how the investment is going to be.

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