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Author Topic: Are you new? So stay away from trading.  (Read 3357 times)

Offline bitbit97

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Re: Are you new? So stay away from trading.
« Reply #90 on: March 20, 2024, 03:43:51 PM »
but as I said before, beginners should focus on the holder first and start learning trading. Because trading requires experience and analysis that must be close to accurate and able to manage emotions

Could you please explain what does "focus on the holder" suppose to mean? I have bought cryptocurrency, do nothing (holding) and then start to think about my crypto and check prices from time to time? Being holder seems something different to me. You buy cryptocurrency, set a sell price that suits you and wait. That is it. And what does "start learning trading" means? There are only two options, sell with profit or with a loss/ sell cheaper or more expensive that have bought. We all know that basics from childhood. It is better to spend time on research and trying to analyze or predict future of purchased crypto, then learn how to click sell button when the price is higher than have bought.
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Re: Are you new? So stay away from trading.
« Reply #90 on: March 20, 2024, 03:43:51 PM »

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Offline taufik123

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Re: Are you new? So stay away from trading.
« Reply #91 on: March 20, 2024, 11:34:16 PM »
-snip-
Because trading requires experience and analysis that must be close to accurate and able to manage emotions
Near-accurate analysis and fundamental knowledge are also needed, because every market trend will be influenced by fundamentals.

Related to emotions in trading, it will be decisive on the strategy used.
Managing emotions well and having more trading experience, it will affect trading emotions.
The more experienced you are, the more you will get used to stable emotions.

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Re: Are you new? So stay away from trading.
« Reply #92 on: April 08, 2024, 10:47:37 AM »
As a biggener if you don't have a knowledge about trading it's risky for us. But if we do willing to learn how to trade and hold. And ready your willingness to wait. Emotional aspect to aim your goal.

 

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