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 be honest, I never think that trading is perfect for a beginner. Trading has high risk.So this is not apropriate for mostly beginner unless they are undersatnding more about trading crypto. I do agree with some opions here, Investment in crypto especialy Bitcoin may be worthy and this can be done by newbies. But, it is different from trading. I suggest for beginners to be more careful in deciding something that you don't understand. it needs enough understanding. learn it first until you are ready for trading. 
Topic: What your opinion? - page 7. (Read 1653 times)
Any kind of business has to be profit or loss. But you should be understand strongly about the platform where you invest. I invest in the crypto world because I know that it can be helped me in future.
Talking about investments, of course, whatever the investment, there will always be profits and losses,that is indeed a risk which we must be able to accept,
in this case investing in crypto certainly has a high risk and for investors or traders they need to be careful.
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 .
What you don't know is always a beginning to everyone. And one must learn it to start from somewhere, even though you are a beginner and if you can trade well then I advise you to go ahead but be careful with the trading. Don't use big amount of money at the initial time. Even though you can trade well use like $10-20 to know how the trading will look like then subsequent times you can top up the amount gradually in every successful trading. But if you are not good in the trading as a beginner then I will also advise you to Invest on bitcoin and continue your learning on trading until you master the trading then you can switch to the trading.
Any kind of business has to be profit or loss. But you should be understand strongly about the platform where you invest. I invest in the crypto world because I know that it can be helped me in future.
I think newbies should focus more on investing than trading because trading requires a lot of experience. While in investment you can continue your investment even with less experience. And the risk here is also very less than in trading. Whenever the market goes down, the prices of almost all Altcoin also go down and this is an opportunity for newbies to buy some coins, And if the market falls further, he should try to minimize his average by buying more. But do it with the understanding that it will be a long-term investment. And diversify their capital in different currencies so that the risk of loss is minimized. I think for newbies in bear market investing in a good project in the market can prove to be the best investment for the long term, And here the risk ratio is also very low.
I think investment is easier because you have to do nothing at all. I keep buying bitcoin as much as I can whenever I can and throw it aside, is it 29k today is it 25k today? None of that matters to me because I am holding for long term and all the newbies should do that as well.I am not even a newbie but after years of being in the crypto world I learned that it is the best way to make money. I know not many people would consider that as an option and I know that many will think that it would be better if we could make quick profits. There are even people who would like to get rich in a few months and have a better life, crypto is not a scam so it won't give you anything like that.
I don't see anything wrong if anyone wants to invest in this cryptocurrency and do trading for profit. This suggestion of mine has been mentioned here repeatedly in this forum and that is that a novice investor should first know where he wants to be counted here, is it short-term or long-term investor? Although, he can also do that at the same time but it is better to do just one first.
Now that you know where you belong, of course you should study it first while practicing trading here in crypocurrency, so you can see and feel how to lose and win in trading.
Trading or investing is not as easy as it might seem, but if we already understand the knowledge then it becomes something that is not too complicated. Everything we do must be with adequate knowledge, and if we do it without knowledge then it is tantamount to gambling and only relying on luck. The right thing to be avoided by traders or investors, because it will be very detrimental.
for beginners my advice is never to trade in futures trading for example on Binance futures etc.,
but if you register on Binance and buy some coins for investment yes that is the right move,
of course you also have to understand technical and fundamental analysis before buying coins,
in our bearish season it will be difficult to get profit, but if the bullish season comes then you will become a millionaire.
I agree with you, and if those beginners want to quickly buy coins, then bitcoin is the right choice. They shouldn't hesitate with bitcoin, especially if it's in a bear market situation. Directly trading in futures or something else is tantamount to them expecting their money to burn sadistically in futures. Not even just beginners, those who are old and experienced have a big risk when they are in the future. We must really be prepared to lose our money. but if you register on Binance and buy some coins for investment yes that is the right move,
of course you also have to understand technical and fundamental analysis before buying coins,
in our bearish season it will be difficult to get profit, but if the bullish season comes then you will become a millionaire.
Trading is not the same as investment, both are risky but trading is riskier. For anyone that wants to be a trader, my advice is to never depend on it, start small and use the amount of money that is lower than the amount of money that you can afford to lose to trade. If you continue to trade, you will know which step to take depending on how trading favours you. But just like gambling, never rely on trading, although trading is not gambling.
Yes you are right that as compared to trading the investment is very risky so instead of losing money through trading you can select a coin which will be less risky and invest money for longer time. Trading is better as a part time job but depending completely on trading will be risky and with passage of time when you get experience through ups and downs you will definitely be a winner as you will be familiar with all rudiments of trading and investment. Doing another business if one do not have any job and then use little amount for investment or trading will be better idea but do not make huge trading by using overall money.
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 .
for beginners my advice is never to trade in futures trading for example on Binance futures etc., but if you register on Binance and buy some coins for investment yes that is the right move,
of course you also have to understand technical and fundamental analysis before buying coins,
in our bearish season it will be difficult to get profit, but if the bullish season comes then you will become a millionaire.
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 .
It is a good and a nice idea to choose trading as an online investment, but it will be better and nicer if only you will make out time to learn about tradibg before venturing into it. This is because unlike other online investments that you can be profitable with little or no knowledge of it. In trading you need to have a good knowledge of it before you could make a profit from it.
Therefore make out yur time and learn how to trade before you commit your dime into trading, if not you will not only waste your time and resources you would also blow account.
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 .
My first advice for him would be to first try to learn the details of trading, from chart analysis to how to follow candlesticks. Then he should be updated about daily new news especially economic news and news so he can join different crypto community and also there are different websites to follow them. Then I will tell him to start trading on spot and in the beginning I will tell him to do short term trading choosing top pairs of Alt coin or it will be best to take bitcoin. I must suggest to him to select the stop limit option.
trading plans must be made to be rails in our trading execution, and we try to be disciplined with these plans. that way we can assess the strengths and weaknesses of our trading, so we can improve it. it's different if we trade without planning beforehand, of course it's just trading, not trading properly, and in the long run there won't be any changes for the better, many traders like that will repeat the mistakes they have made
Trading without planning is like a blind man walking without a stick, it will be full of risks. Trading should use basic knowledge or some basic understanding, so you know where to start and end it. As I mentioned before, trading without knowledge will be more exposed to FOMO and some FUD traps, because there is no basic knowledge. Such trades will not last, and will continue to have losses. 
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 don't see anything wrong if anyone wants to invest in this cryptocurrency and do trading for profit. This suggestion of mine has been mentioned here repeatedly in this forum and that is that a novice investor should first know where he wants to be counted here, is it short-term or long-term investor? Although, he can also do that at the same time but it is better to do just one first.
Now that you know where you belong, of course you should study it first while practicing trading here in crypocurrency, so you can see and feel how to lose and win in trading.
If you want to succeed both in trading and investing, you must first understand all the possible risks that you could face. Keep in mind that you won't only be needing funds as a capital but you also have to invest your time and patience on it. It will take you through different levels of emotions so you should be wise in managing how you feel. The right financial and emotional condition are important for you to make right decisions as you aim for success.
Accessible and providing crucial possible ways to earn profits from the market. Risks is calculated in equivalent to the amount of capital involved. The higher the risks, the higher the reward and the lower the risk, the lower the profits. Capital is essential because it's a factor that aides trader to keep trying, even when they experience hugh losses in the market. Every trader has a pay day, but patience should be extremely exercised. Success is determined by the level of hardwork put into anticipation. Investing in your time and energy on crypto have a reward when the bull season is triggered. 
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 .
We will never know the result until we try. Different people have different approach on managing a certain investment.
Maybe the priority thing as a pre-requisite before engaging into a new investment is, obviously, we should know that chosen investment and not just we choose it because we see others are successful on that industry.
Well then, regardless of what the investment is, it needs a serious approach at all cost.
If you want to succeed both in trading and investing, you must first understand all the possible risks that you could face. Keep in mind that you won't only be needing funds as a capital but you also have to invest your time and patience on it. It will take you through different levels of emotions so you should be wise in managing how you feel. The right financial and emotional condition are important for you to make right decisions as you aim for success.
Somehow a form of investment to other but they need to deep dive the technicalities of the market so that they can maximize their profits. If they don't have trading plan set on their trades its like they are hoping to earn by luck. But not other can afford to trade since they can't handle their emotions towards some certain condition this is why other choose to hold because this is safe thing to do especially for people who can afford to wait for the price to grow in next following years.
Not having a trading plan will have repercussions on the results you will get. this is the same as walking without direction and purpose. If the goal is profit then it must have a trading plan to profit from trading. Long term or short term both use the plan. It is easier for those who are not very familiar with technical analysis to make long-term investments by holding a certain price limit, not holding it indefinitely. Being able to wait for a long time is also able to be unaffected by FUD and FOMO.Somehow a form of investment to other but they need to deep dive the technicalities of the market so that they can maximize their profits. If they don't have trading plan set on their trades its like they are hoping to earn by luck. But not other can afford to trade since they can't handle their emotions towards some certain condition this is why other choose to hold because this is safe thing to do especially for people who can afford to wait for the price to grow in next following years.
Not having a trading plan will have repercussions on the results you will get. this is the same as walking without direction and purpose. If the goal is profit then it must have a trading plan to profit from trading. Long term or short term both use the plan. It is easier for those who are not very familiar with technical analysis to make long-term investments by holding a certain price limit, not holding it indefinitely. Being able to wait for a long time is also able to be unaffected by FUD and FOMO. 
Both crypto investment and crypto trading has a risks which you must come across and you must embrace the risk to become a successful in future. As a newbie, I will advise you to use the money that you can afford to lose, because crypto market is unpredictable, it can pump higher this year to allow long term traders and short term traders to earn well from their investment and dump next year to allow traders to buy and hold. If you can start with short term investments in this season, so that you can learn so many things from the market before you can switch to long term investment which is more favourable than short term investment.
Investment and trading are two different things though there are risks involved in both of them. But there is a higher risk in trading than that of investment.
As a beginner who wish to do online investment, trading is not what you need now because of the high risk involved.
If you can invest now and hold for a little longer i think it will be more better for you. My opinion.
As a beginner who wish to do online investment, trading is not what you need now because of the high risk involved.
If you can invest now and hold for a little longer i think it will be more better for you. My opinion.
How about doing the both, the newbies could invest and also start learning how to trade and when he's certain that he understand it better then he can start trading. While he was investing he could have reversed some money for when he understands trading better. Trading isn't as bad as people are saying it is because of the losses that could come from it.
You lose when you don't learn properly, if you have learnt then the losses would had be minimized as you understand what you're doing and not just hoping on been lucky. Many people that lose when trading didn't learn and just decided they wanted to trade to make a living, it doesn't work that way.
Trading cryptocurrency requires a lot of effort to learn the strategies and policies involved, and if one cannot learn them very well, they will have a high risk of losing their money, beginners can buy and hold coins if they are not yet good at trading. I also don't think it is a good idea to really depend on trading as a beginner because beginners can encounter big losses.
And yet the majority of those beginners do not listen to that advice, it is as if they think we are trying to prevent them to obtain profits or something, when what we are trying to do instead is to protect them from themselves, but at the same time it is not as if we could do much for them, as a newbie which was thinking about trading and lose their money on this way would probably find another way to lose their money anyway, by investing in shitcoins, joining a HYIP or becoming the victim of a scammer. Jump to: