Topic: What your opinion? - page 7. (Read 1473 times)
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. hero member
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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.
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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.
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.
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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 .
The way times are changing, new ways of trading and new ways of doing business are also being introduced. Many people may still be unfamiliar with digital currency.Although digital currency is a great platform to do business and earn online. The best online investment is in Investing in different cryptocurrencies for online trading which have proven to be a good market position and strong project can be the best investment for the future.If some one has no experience in trading and online investing, he should invest in the best and top cryptocurrencies in the market. The best investment is bitcoin investment but it will require a good amount of capital.However, there are small and low-value cryptocurrencies in the market Which can be invested in and they can give a great return in the bull market.
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 .
Is he/she educated enough about trading or investment? Not having enough knowledge could lead to downfall and loss. You can choose investment as an option if you are not good at trading or newbie, only if you are able to hold it for long enough. Investment in bitcoin is a long term process. And remember, it can't make you rich overnight. It takes time and right education/experience. If it is for learning purpose, then start small. In investment, buy and hold for a long time. Learn DCA. And you'll be good. And if you are determined in trading, then learn it first before you start. Also keep in mind that it's got high risk involved.
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.
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 investment is something that is invested in an asset or product and is held for a long period of time and sold at a time when the price of that product increases. And trading is a matter of frequently buying and selling a digital currency or a country's local currency as its price fluctuates. And it is only kept for a short time and sold again. But both investment and trading are very risky. But trading is more risky than investment. So initially a person has to make a decision whether to invest or trade 
Investing requires knowledge of the types of assets to choose from.
In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".
Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
That's what we should do before deciding to invest and choose the coin. But most people just follow what they find out there and rely on signals to invest rather than researching the types of assets to choose from. And that's what they do when they decide to trade and instead of learning about trading, they still rely on signals from other people. We have to distance ourselves from things like that, especially if we want to be serious about investing and trading and it's not easy because it requires more detailed study.In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".
Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
Let's just say we are learning, you have abilities that I do not master. So I need you to be able to gain expertise and ability in a field that I am not good at.
Of course without ignoring all the basic things including what we have discussed.
Trading is technology to make more money in less time by using your money but it can also change the value of your money to zero in a quick way. Every person is beginner when he initiate new thing so with passage of time beginner turns into a successful man. As we see the success rate of investment so we have to ignore its risk because we have to create those strategies which are useful in a case of hard situations. I suggest that a person should start investment but he should pick the coin wisely because it matters a lot.
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 cannot judge other if they wanted to trade that was thier personal decision and that was thier passion, if they want it then go ahead, my only advice is never used an amount of money that you can't afford to loss, because not all people are lucky in trading and if you are one of the unlucky you can also loss on it, so be careful not all of the things are happen according to what we plan, sometimes we think that we do the best decision but we still loss but no matter what it takes we need to continue for the future. 
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 cannot judge other if they wanted to trade that was thier personal decision and that was thier passion, if they want it then go ahead, my only advice is never used an amount of money that you can't afford to loss, because not all people are lucky in trading and if you are one of the unlucky you can also loss on it, so be careful not all of the things are happen according to what we plan, sometimes we think that we do the best decision but we still loss but no matter what it takes we need to continue for the future. 
Investing requires knowledge of the types of assets to choose from.
In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".
Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
That's what we should do before deciding to invest and choose the coin. But most people just follow what they find out there and rely on signals to invest rather than researching the types of assets to choose from. And that's what they do when they decide to trade and instead of learning about trading, they still rely on signals from other people. We have to distance ourselves from things like that, especially if we want to be serious about investing and trading and it's not easy because it requires more detailed study. In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".
Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
Investing requires knowledge of the types of assets to choose from.
In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".
Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
In general, before carrying out trading activities or investment activities, it is necessary to set an initial goal other than knowledge. When a goal behind it is directed, it will provide convenience and more importantly it can form a strong attitude if something unexpected happens because trading is full of "surprises".
Next, instill the character of not being greedy and don't force yourself to do big things if it's beyond your ability.
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.
Withholding emotions under certain conditions, such as when the market crashes and when the market doesn't match the predictions, it will indeed play with psychology and emotions. No one can survive if they don't have the experience for it. Holding for the long term is the best thing for those who are not very good at trading, don't have a mature trading plan etc.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 .
Crypto trading can be a good choice as part time job for anyone who has time and knowledge of learning about trading strategies. There is no need for extensive trading skills to start the trading career, anyone can start simply with buy low sell high. Don't worry about taking time to make money cause along with the experience the trading skill will increase which will eventually lead anyone to be profitable.But for someone who doesn't want to take risks and not really in need of making money in the short term should go for investment like holding.
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