Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: ayatoslaw on November 25, 2020, 06:45:18 AM
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
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I was asked this question on an interview about crypto trading and hedge funds, I gave the following answer which I like to share here since I believe it summarizes the topic well:
4.1. Do crypto traders need special education?
"In my experience trading as a profession is one of the most difficult pursuits out there, so anyone who wants to generate income through trading needs a very rigorous education."
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trading without experience and knowledge is very risky what else for those who use large capital will be very risky to lose a lot
This is what I always remind my friends who are first entering the world of trading, first learn how to analyze the market otherwise it's like you are gambling
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Its really tough for a newbie who even don't know how to trade. Without experience one can loose his fund even he foolow a experienced trader. I think need to study before doing trade.
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4.1. Do crypto traders need special education?
"In my experience trading as a profession is one of the most difficult pursuits out there, so anyone who wants to generate income through trading needs a very rigorous education."
If Trading as a profession of course requires experience and knowledge, but what if someone only wants to do day trading but trading is not a profession, is knowledge and experience really needed? :)
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If Trading as a profession of course requires experience and knowledge, but what if someone only wants to do day trading but trading is not a profession, is knowledge and experience really needed? :)
For sure they are needed, even if you want to make only a few trades / year. It's one of the most famous maxims in the industry that a great trader is only made after he gets rekt / liquidated a couple of times...
Anyone, even a child can take a gamble on a big trade and realize short term gains. Human nature and market dynamics make it an almost certainty that these rookies, should they continue to trade, will end up losing all of their profits, and in most cases far more than that, and fairly quickly too...
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Patience and experienced makes you a successful traders in cryptocurrencies market cap. if you don't have enough patience and experienced, you don't achieve success.
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Ignorant people are like animals. Because a person who has no knowledge of cryptocurrency will never be able to trade. So I think those who trade should have knowledge and experience.
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It can be very difficult to trade, especially if you do not have experience in crypto businesses.
Someone with poor knowledge can lose everything.
However, crypto did not have to buy tokens and wait for a long time as before. Most people who buy tokens are looking to sell the coin in a short time and get a profit.
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It is not possible to make a profit without knowledge about trading. Because you should buy different coins and monitor the market to trade them. More should be well known about the market.
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I won't advise you to just go into trading without experience there are some basic things you just have to know before going to trading!!! Or you might endup losing all your funds.
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The knowledge and consciousness are the key to success of trading. It is very dangerous for everyone to trade without experience because it is a matter of your assets or money. If you do it wrong then you will loss your assets or money.
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Ignorant people are like animals. Because a person who has no knowledge of cryptocurrency will never be able to trade. So I think those who trade should have knowledge and experience.
Of course you are absolutely right because without any knowledge and experience, no can do well in cryptocurrencies market/ trading. He should have enough knowledge and experience about trading, projects and exchanges.
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Trading without knowledge and experience same like to searching any goals without addresses. So better experience and knowledge is very important to trade. otherwise you should get losses instead of profits.
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We know that crypto currency is the high risky platform. Here without experience and knowledge it is unimaginable. Every one should have proper knowledge at least he or she must have the basic knowledge of Trading.
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I think not, if a person earns like this, it will be short-term and in any case, if he continues to trade, he will only lose!
I think before trading with nominal funds it is worth studying trading very well, because 80% here is psychology
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
yes. someone can trading without experience or knowledge. But cannot survive long time. So, obviously need technical and fundamental analysis for long term trading.
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If anyone has good experience and knowledge about crypto trading, then they can easily make a profit. Still, if they have now experienced and knowledge, they also profit from trading through signals; some experienced people are selling signals for crypto trading. Hence, those who have no experience in the market can buy altcoin signals and can buy upon their signals and trade with their advice.
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It is never possible to trade without experience and knowledge it will put you in more risk before trading you need to know the market follow the rules and strategies of trading the better the basic knowledge the easier it is to get ahead in trading. It will also be easier to differentiate the price of the currency if you follow the trading signals.
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In trading, the main thing is to be able to count and not give in to emotions!If you can distribute your balance for different positions, you can earn money without a lot of experience!For example, if a person made money on betting, he knows how to distribute money correctly and even without experience can trade well, take forecasts from professionals, count well and earn money!
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You can never make a profit by trading without experience you can make some money but you can't last long, But if you get someone with a lot of experience, he will help you, you can also learn a good way, then it will be much better for you .
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Investing without experience can lead to losses. So I think one should not invest without experience. Cryptocurrency users around the world are much more active. However, some new users are added to the cryptocurrency market. If they have enough knowledge, they will not be harmed.
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Investing and trading without experience is more likely to be a loss. So we have to be careful. B cannot be recruited and traded without experience. There is no end to the knowledge of the cryptocurrency market. We need to know about stingy currency trading if we want to improve. And you have to invest by gaining experience.
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Patience and experienced is the key to success in a successful business systems. It is an essential virtue not only in trading and investing section but also every spheres in life . If you don't have enough knowledge and experience, you can't shine in life .
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Investing and trading without experience is more likely to be a loss. So we have to be careful. B cannot be recruited and traded without experience. There is no end to the knowledge of the cryptocurrency market.
I strongly agree that trading without experience is more likely to lose and includes gambling, because trading solely on instinct is not much different from gambling,
We need to know about stingy currency trading if we want to improve. And you have to invest by gaining experience.
Investing does not require experience, it does require research, without research investing that you do will fail.
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I already read all qualified post and understand that in a successful trading system experienced and knowledge should obviously need. But in investment system deep research and analysis should need . If you invest without research and analyzed , you can get losses.
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I would call such trading more bets! I open a position and try to convince myself that it is correct, without having a good technical understanding of the situation with a particular coin!
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Trading without experience is like flying a plane without flying skills 😁 I do not have sufficient knowledge, I have only superficial knowledge, but I understand that this is not enough for full-fledged trading, so I often trade and get losses
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Trading without experience is like flying a plane without flying skills 😁 I do not have sufficient knowledge, I have only superficial knowledge, but I understand that this is not enough for full-fledged trading, so I often trade and get losses
Yes, it is suicide, trading without knowledge and experience is like flying an airplane without knowledge.
You have made the right decision not to continue trading, because if you continue your trading, I believe you will end up losing more.
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I think everyone can trade profitably with little understanding of the levels and their strength! If you do not understand anything at all on the chart, this is trading at a loss!
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Whatever the name is, in Crypto trading, experience and knowledge is definitely needed, without it we will easily lose. Suppose you are in Crypto trading without experience and get results and profits, then it is just a coincidence. And it will be hard to repeat a few times!
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Trading without any kind of knowledge and experience is likely to be a loss. So I think to be profitable by trading you must have experience and knowledge about cryptocurrency market. So you have to monitor the market every moment.
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Trading without any kind of knowledge and experience is likely to be a loss. So I think to be profitable by trading you must have experience and knowledge about cryptocurrency market. So you have to monitor the market every moment.
That is true, because it is not easy for someone to make a profit by trading without experience. Because in Cryptocurrency trading we have to be good at analyzing price changes, reading charts and so on. So it is true what you say Trading without experience will only lose!
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Trading without learning a thing or two will turn into a devastating burned account. In my experience, I kinda relate to this. I'm a beginner in trading as well (mostly in cryptos). I only learn the basics, then what's the outcome? Burned account.
But losing experience can turn into a lesson and will make you more pumped. But first learn trading.
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It is not possible to make a profit by investing without knowledge of cryptocurrency market and cryptocurrency. Or if you have no experience in the cryptocurrency market, you are likely to lose. So it is important to have knowledge about the market for radtrading. It is important to have more experience.
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Trading without learning a thing or two will turn into a devastating burned account. In my experience, I kinda relate to this. I'm a beginner in trading as well (mostly in cryptos). I only learn the basics, then what's the outcome? Burned account.
I think you mean your money is burned, that's a parable for someone who trades and often loses money instead of profit so it's like burning your own money.
But losing experience can turn into a lesson and will make you more pumped. But first learn trading.
Yes, losing will be an experience for a trader if he realizes why he failed to trade, if he doesn't find the reason then the failure he gets will be in vain.
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I think everyone can trade profitably with little understanding of the levels and their strength! If you do not understand anything at all on the chart, this is trading at a loss!
Yes , without knowing anything about trading, cryptocurrencies exchange and trading volumes, projects development he must be losses . So knowledge about trading and experienced is fully essential.
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I think everyone can trade profitably with little understanding of the levels and their strength! If you do not understand anything at all on the chart, this is trading at a loss!
Yes , without knowing anything about trading, cryptocurrencies exchange and trading volumes, projects development he must be losses . So knowledge about trading and experienced is fully essential.
True, If you're out of proper knowledge and experience you're unable to covert your knowledge into money. Trading is a place for those to know how to become more knowledgeable in the space. You need to update every seconds, then you're turning out an asset to the community.
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I think with out proper knowledge and experience we should not try to trade in any exchange. It do it then definitely you will lose your assets.
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If you trade without knowledge and experience, you will be more likely to lose. Therefore, it is important for the traders in the market to have knowledge about trading. If they do not have more previous experience, they will be more likely to lose. So it is important to have previous experience.
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Trading or trading with cryptocurrency must know well about cryptocurrency. It is possible to make transactions only if you know well about cryptocurrency. So I think business needs experience. Must have more knowledge about the market.
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To be profitable by trading, you need to have a good idea or knowledge about the market. Must have more trading experience. Then it is possible to benefit. If you want to know better about the cryptocurrency market, you should always monitor the market.
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Without knowledge and Experience is like Jumping and drowning in the river without knowing how to swim.Trading is so risky without knowing Basic fundamental and technical Analysis.We should learn first and then take entry in this field.
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I think with out proper knowledge and experience we should not try to trade in any exchange. It do it then definitely you will lose your assets.
Trading without knowledge and experience in trading section, you may lost your assets forever. I already lost my lots of assets when I was fresher.
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Without knowledge and Experience is like Jumping and drowning in the river without knowing how to swim.Trading is so risky without knowing Basic fundamental and technical Analysis.We should learn first and then take entry in this field.
I think everyone must think like this, because in Cryptocurrency trading there is a very high risk. If we insist on doing it without knowing science and having no experience then money will be lost.
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It is possible to be profitable without any work experience. So I think experience and knowledge are definitely needed to benefit from the cryptocurrency market.
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In your opinion, can someone trading without experience or knowledge?
like eating bread without taste.
trading without knowledge will cause your own losses. and it is very unlikely that a trader wants to trade without having knowledge. because almost all traders have extraordinary experience and knowledge.
and someone with no trading experience may need some time to learn
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
I think it is not possible. At least a newbie needs to learn about market, I mean the basic knowledge. And also he/she needs to learn about stop loss and take profit. Stop loss, patience and controlling your emotions and greed are the key of a good trader.
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It is possible to be profitable without any work experience. So I think experience and knowledge are definitely needed to benefit from the cryptocurrency market.
Of course knowledge and experience must be needed in a successful business systems. Without above two virtue one can't achieve his targeted goals.
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It is possible to be profitable without any work experience. So I think experience and knowledge are definitely needed to benefit from the cryptocurrency market.
Of course knowledge and experience must be needed in a successful business systems. Without above two virtue one can't achieve his targeted goals.
If you do not work and study, there will be no experience and no accumulation of knowledge. If a person wants to learn how to trade cryptocurrency, then various detailed videos on YouTube channels, as well as real demos of cryptocurrency exchanges, can help him.
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Actually I would say first of all you need to have enough knowledge to trade. If you do not know about this trading then you will definitely face huge losses. Because trading depends on the trading signal. If you do not understand the trading signals, then you can never succeed in trading. So you must have enough knowledge about trading and a lot of knowledge before training.
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Actually I would say first of all you need to have enough knowledge to trade. If you do not know about this trading then you will definitely face huge losses. Because trading depends on the trading signal.
Are you saying that someone has to be knowledgeable to read trading signals? I do not recommend someone to trade following the analysis of other traders, this is not the right way to trade.
And the knowledge I mean is knowledge of trading, not knowledge of trading signals.
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If you don't have knowledge experience you will make lose in this platform. It is better to gather knowledge and experience then begin to trade.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Yes, they can. If you only know the very basics like how to buy and sell what red and green candles means etc then you can. You can use a grid trading strategy. In this strategy, we will use a trading bot that will place buy and sell order automatic and it will buy low and sell high. You just needs to set the price range. You can set higher price range and do your other activity. That bot will execute trade with the parameter you set.
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trading is the very risky way to earn money, if you have no idea about trading then it is became more difficult to understand. so must be need experience & knowledge for trading otherwise you can lost your portfolio. thanks
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if you trade without having definite experience with trading then it will only make you lose because you will take the wrong position or enter the wrong position, at least as a new trader you can first learn how to trade properly and correctly on some learning media such as YouTube and articles other.
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if you trade without having definite experience with trading then it will only make you lose because you will take the wrong position or enter the wrong position, at least as a new trader you can first learn how to trade properly and correctly on some learning media such as YouTube and articles other.
Undoubtedly, it is thanks to videos from good Youtube channels that you can learn to trade. But such information and training will be beneficial for obtaining primary knowledge, since the theory can not always very actively help in practice. Based on this, you still need to have a small start-up capital in order to hone your professionalism.
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Trading is not possible without experience and knowledge i think first need minimum knowledge then starting trading beacuase trading is hard not a easy thing every time but sometime trading platefrom depend layout candlestic and more some think.
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Yes, they can. If you only know the very basics like how to buy and sell what red and green candles means etc then you can. You can use a grid trading strategy. In this strategy, we will use a trading bot that will place buy and sell order automatic and it will buy low and sell high. You just needs to set the price range. You can set higher price range and do your other activity. That bot will execute trade with the parameter you set.
I understand what you mean, if I conclude the trade you mentioned is trading for beginners who trade without a thorough analysis,
so trades are executed based on rising and falling charts at that time. when the candle is red you will buy it and when the candle is green you will sell it.
yes that's fine, but what time frame to use? The small time frame is not suitable for beginners, as it will only make him lose more than profit.
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I did the first etherium trading of my life. I got a good profit from there. That was very enjoyable. I think first love is a lot of fun for everyone.
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It cannot, perhaps for the first time a beginner without experience will be lucky to get profit, but this is most likely an exception, then he may lose even more, because the excitement will grow. There is no place in a trade without experience, knowledge and ability to correctly analyze and make decisions.
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In your opinion, can someone trading without experience or knowledge?
You need to atleast know the basics of trading before entering this kind of job since its all about money you have to be very careful in every move you do you may loss all your money in just a blink of your eyes if you enter trading without knowledge so also considering watching free technical analysis on trading view or YouTube it will be very helpful.
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Trading is never possible without experience and knowledge the risk of losing will be higher if you go trading without experience if you don't have any knowledge then it is not possible to do business by doing market analysis. Your own intelligence is much more effective with market analysis.
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Trading is never possible without experience and knowledge the risk of losing will be higher if you go trading without experience if you don't have any knowledge then it is not possible to do business by doing market analysis. Your own intelligence is much more effective with market analysis.
I agree with you that trading without knowledge and experience is impossible. I checked this on my own experience. And personally he lost a lot of money. Therefore, you first need to read a lot, analyze and learn from experienced traders.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
trading is a difficult business to master. but some people become highly successful at it, however it is possible for anyone to become a successful trader. do you know why some traders are successful? first they earned KNOWLEDGE about trading second EXPERIENCE.
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Trading without prior knowledge is definitely a bad move. You want to earn profit but not careful enough to study basic trading practices will result in your demise. Experience will come over time but the key will always be at your core knowledge and basic trading practices.
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Cryptocurrency trading cannot be done without experience and knowledge. If you don't have knowledge about cryptocurrency trading, you will end up in huge losses anyway. Because you will approximate when trading. If you trade in an approximate way, you will make a big loss. If you want to trade in this cryptocurrency, you must have experienced and sufficient cryptocurrency knowledge. You need to be very good at trading signals. If you do not understand cryptocurrency trading signals, you will never be able to profit by trading.
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Because you will approximate when trading. If you trade in an approximate way, you will make a big loss.
Not only big losses, but what you are doing is not trading but gambling.
You need to be very good at trading signals. If you do not understand cryptocurrency trading signals, you will never be able to profit by trading.
Do you mean to trade based on trading signals? I am not sure it was the right decision, because trading signals will only confuse you when making a decision, and not only that charter signals will make your emotions unstable because you are trading based on someone else's plan not your own.
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Such trading constantly ends in failure and loss of money! Even if you manage to close a couple of transactions with a profit, you will not be able to stop, but you can not always be lucky!
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
I don't think so, they have to learn the basics of trading, such as the number of orders and the percentage of the target profit.
For beginners, they will do 2 things, namely buying when the price is low, assuming they will make a profit when the price rises.
then sell waiting for the high price, but for professional or intermediate traders it will place the API on every trade, so there is no need to wait, whenever we can sell and buy by looking at the market situation at any time.
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In your opinion, can someone trading without experience or knowledge?
I doubt if any one without any trading experience can even execute a trading order properly on an exchange talk more of trading and making profits, without any trading experience or knowledge you are just diving into a pool you have no idea about the depth of the pool and that can easily drown you, it's always advisable to have a knowledge about the market before you start trading.
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In your opinion, can someone trading without experience or knowledge?
I doubt if any one without any trading experience can even execute a trading order properly on an exchange talk more of trading and making profits, without any trading experience or knowledge you are just diving into a pool you have no idea about the depth of the pool and that can easily drown you, it's always advisable to have a knowledge about the market before you start trading.
What you said is true, but as I wrote at the beginning, the development of cryptocurrency trading very quickly, one of which is the emergence of premium trading signals, seeing this opportunity many beginners try to start trading even without experience or knowledge,
It sounds like they are burning money in vain, but it is a fact that happens, beginners prefer it because they do not understand risk management, they only know how to calculate profit and how to get it quickly.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trade without experience or knowledge?
Following trading signals is very risky cause most times they give out the wrong signals which lead to huge losses, you might end up losing your capital, so I'm not going to advise anyone to follow trading signals the best way to trade is to have your own trading strategy, that means you have to learn how trading actually works and not by waiting around for any telegram channel to post signals.
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Trading without knowledge and experience is like a rudder without goals. No one can get anything some good feedback without enough knowledge and experience. But without knowledge about trading and investing ,one can't get benefits.
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if trading does not have experience or knowledge then it will only make us get a loss, because so far I think only experienced and knowledgeable people can easily get profit from trading so learn good and correct trading first to be able to get profit when trading.
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please do not proceed to trade when you have absolutely no experience or knowledge...
you only gamble when trading without analysis and also choosing the right time. trading is not as easy as people say, it requires a strong mental and resilience.
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please do not proceed to trade when you have absolutely no experience or knowledge...
you only gamble when trading without analysis and also choosing the right time. trading is not as easy as people say, it requires a strong mental and resilience.
Gambling is uncertain luck game with spin. But trading a different than gambling. If one don't have enough knowledge and experience about trading, one should not trading more . Please be careful about trading.
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Gambling is uncertain luck game with spin. But trading a different than gambling. If one don't have enough knowledge and experience about trading, one should not trading more . Please be careful about trading.
True, gambling and trading are two different things in terms of rules and laws. Trading is considered legal and can be done via proper knowledge and gambling mostly depends on Luck+with great expreinece.
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please do not proceed to trade when you have absolutely no experience or knowledge...
you only gamble when trading without analysis and also choosing the right time. trading is not as easy as people say, it requires a strong mental and resilience.
Trading is easy to do if someone understands how to make analysis and understands financial management,
but unfortunately many novice traders don't understand that and try to trade, so it only makes them lose by what they do.
If one don't have enough knowledge and experience about trading, one should not trading more.
It is better not to try to trade at all, than to insist on trading but in the end just burning money.
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Those who don't have any knowledge about cryptocurrency can do mirror trading. This feature is heavily used in forex platform but now some platform like tycoon is providing these features where you can earn a good amount of money by copying top traders trade with very small fees.
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Those who don't have any knowledge about cryptocurrency can do mirror trading. This feature is heavily used in forex platform but now some platform like tycoon is providing these features where you can earn a good amount of money by copying top traders trade with very small fees.
I believe this is a good enough opportunity for beginners who are trying to gain experience and gain some knowledge in cryptocurrency trading. Previously, I have not seen such an opportunity on cryptocurrency exchanges and would love to try this function on myself.
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Trading without experience and knowledge is very denarius. Because without experience if anyone invest for trading i am sure he will loss his valuable fund. So i told, if Anyone want to trad please recherch and gain knowledge first. It will be very helpful for your trading.
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Cryptocurrency trading carries a high risk, lots of people learn to analyze Crypto price charts to get profit in trading. And many of them have suffered losses even though they have done that, so trading requires a lot of knowledge and experience. If we trade without experience, it will only waste our money.
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Cryptocurrency trading carries a high risk, lots of people learn to analyze Crypto price charts to get profit in trading. And many of them have suffered losses even though they have done that, so trading requires a lot of knowledge and experience. If we trade without experience, it will only waste our money.
Experience you can get with failure, but knowledge about trading you can only get by learning before starting trading, in other words you have to learn theory first and then practice it with a demo account,
Once you have the knowledge and confidence to do real trading, you can start and during the trading process you will get real experience.
So trading without experience is not the wrong thing to do, as long as you understand how to trade properly.
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Trading without experience and knowledge seems to me to be a simple waste of time and money. Therefore, in order to make a profit and not spend a lot of time on it, you need to learn how to trade from experienced traders.
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Without experience we won't do anything right the first time we try. Everything in life has a learning process, without it we could never move forward. And if we talk about trading without experience we will not fall off our bike, nor will we park our car wrong, we will be betting our savings and those of our family, and we will probably end up bankrupt. You have to ask, read, ask for advice and a thousand other things before trading without knowing how to do it.
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Trading without experience and knowledge seems to me to be a simple waste of time and money. Therefore, in order to make a profit and not spend a lot of time on it, you need to learn how to trade from experienced traders.
It should be, if novice traders learn trading from professional traders or traders who already have a lot of experience, because that will make it easier for you to learn faster than learning self-taught with theories that you may not even be able to understand.
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Trading without experience and knowledge seems to me to be a simple waste of time and money. Therefore, in order to make a profit and not spend a lot of time on it, you need to learn how to trade from experienced traders.
It should be, if novice traders learn trading from professional traders or traders who already have a lot of experience, because that will make it easier for you to learn faster than learning self-taught with theories that you may not even be able to understand.
Undoubtedly, without knowledge and experience, do nothing on a cryptocurrency exchange. users who are not trained will lose all their capital. Of course, you can learn from the appropriate YouTube channel or training, but choosing a professional to mentor is also not easy.
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It is better not to start trading on exchanges without experience and knowledge, this is the mistake of many beginners who want everything and once. But due to their inexperience, they drain their deposits in the first hours of their trade on the exchanges.
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There are a lot of options to start with crypto trading however better to learn something first about them before we jump into this business opportunity. Remember, almost every trading activity involves high risks and you will need to have money in order to trade it for money. Forums can be a good thing to learn about any niche because these communities have many veterans which can help them to improve their trading experience and knowledge.
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I believe that trading without experience with a daily goal of earning is very dangerous. It is very difficult for beginners to control their greed and fear, so I think that it is better not to get into trading.
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I believe that trading without experience with a daily goal of earning is very dangerous. It is very difficult for beginners to control their greed and fear, so I think that it is better not to get into trading.
Yes trading without experienced and skilled that a very dangerous and risky. One cannot get a enough benefits from any trading without knowledge and experience
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Trading without experience will only make it difficult for us to get profit and of course it is the same as us going into the abyss or committing suicide, so don't let you do that and it's better to seek information first before trading so you can get a lot of profit from what. that you have done.
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I believe that trading without experience with a daily goal of earning is very dangerous. It is very difficult for beginners to control their greed and fear, so I think that it is better not to get into trading.
Yes trading without experienced and skilled that a very dangerous and risky. One cannot get a enough benefits from any trading without knowledge and experience
I managed to make profits without skill and experience it was true in 2017 but in 2018 I lost a very large part of my money.
Now the situation is similar as then, so we should be prepared for the fall.
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Doing something without experience will be difficult, because we will definitely ask those who are used to it.
And in Crypto trading this is very risky, besides we have the potential to lose we will also have difficulty choosing which good coins will provide profit if we do it without experience.
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Doing something without experience will be difficult, because we will definitely ask those who are used to it.
And in Crypto trading this is very risky, besides we have the potential to lose we will also have difficulty choosing which good coins will provide profit if we do it without experience.
Of course crypto currency trading is a risky business but if one should haven't enough knowledge and experience,it would be more risky business .
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besides we have the potential to lose we will also have difficulty choosing which good coins will provide profit if we do it without experience.
The difficulty of choosing coins is not a problem in my opinion, a beginner without experience can choose the right coin, by choosing a coin that is ranked in the top 10 of market capitalization is enough.
This method can also be used for trading or investing, and this strategy has very little risk because the possibility of major coin prices not developing is very small,
like Litecoin, which was left behind by its CEO, but to this day the price of Litecoin is still growing.
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If one wants to get good profits on trading (all kinds of trading) time dedication, reading and more research for more knowledge is very much needed. Though, if there is any with a demo account (like that of binary options and forex trading) then, using demo will help alot, otherwise, knowledge first.
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If one wants to get good profits on trading (all kinds of trading) time dedication, reading and more research for more knowledge is very much needed. Though, if there is any with a demo account (like that of binary options and forex trading) then, using demo will help alot, otherwise, knowledge first.
Knowledge and experience two very critical issues in the cryptocurrencies trading and investment because one can't easily get anything without any knowledge and experience. Only demo account he could get experience first but continuously running it's business,he must aquired knowledge and experience.
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In my opinion, the market is one HUGE smoke in mirrors right now.
Trade with caution and with some common sense. If you can't afford the risk, exit your positions and stake your assets with Oropocket for passive income. Check out OroPocket app on your app store or https://oropocket.com
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The difficulty of choosing coins is not a problem in my opinion, a beginner without experience can choose the right coin, by choosing a coin that is ranked in the top 10 of market capitalization is enough.
This method can also be used for trading or investing, and this strategy has very little risk because the possibility of major coin prices not developing is very small
That's right, you said, beginners can invest in top ranking coins if they are not good at choosing coins. By choosing these top ranking coins of course this minimizes them from losing!
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I have heard that knowledge is very important in Trading to succeed , so you can say knowledge is most important than every thing in crypto currency which can be used to trade without fear of losses.
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Though, if there is any with a demo account (like that of binary options and forex trading) then, using demo will help alot, otherwise, knowledge first.
unfortunately I never found a demo account in cryptocurrency, I also agree with you that a demo account is actually very helpful, especially for a beginner.
And since there are no demo accounts in cryptocurrency, sometimes doing a simulation yourself or just monitoring market movements is a good choice to practice knowledge and experience.
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Though, if there is any with a demo account (like that of binary options and forex trading) then, using demo will help alot, otherwise, knowledge first.
unfortunately I never found a demo account in cryptocurrency, I also agree with you that a demo account is actually very helpful, especially for a beginner.
And since there are no demo accounts in cryptocurrency, sometimes doing a simulation yourself or just monitoring market movements is a good choice to practice knowledge and experience.
I believe that you can use a new resource called nominex, where the exchange provides a DEMO account where a trader can practice, and also provides certain bonuses, where the user can win real money in trading, which can withdraw and cash out.
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Without experience and knowledge are hard but does not mean impossible, they can also trading and gain profits if they selling above buy price and never cut loss
I believe that you can use a new resource called nominex, where the exchange provides a DEMO account where a trader can practice, and also provides certain bonuses, where the user can win real money in trading, which can withdraw and cash out.
I think better if you put the link to the website.
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I believe that you can use a new resource called nominex, where the exchange provides a DEMO account where a trader can practice, and also provides certain bonuses, where the user can win real money in trading, which can withdraw and cash out.
I just visited the Nominex Exchange, and I found that if we can trade there using a DEMO account, it is quite interesting and also there is competition.
Without experience and knowledge are hard but does not mean impossible, they can also trading and gain profits if they selling above buy price and never cut loss
Yes, it's easy to say, but difficult to do,)) because of high volatility, if you buy the wrong price at a high price then you can lose a lot, like my friend who bought XRP at 3 USD at the end of 2017, and until the day here he is still losing))
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Yes it may be possible because these days many exchanges providing tutorials on buying and selling on their exchange so I think anybody who is totally new in cryptocurrency industry can buy and sell without any experience and knowledge.
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Those in the cryptocurrency ecosystem do not have a very good understanding of trading. They are constantly looking for experts for different signals to trade. However, if a person trades before gaining previous experience and experience about different cryptocurrencies. Then there is a possibility of damage. There are a lot of people who said, even after getting a 100 percent signal, they get damaged. That is, they do not follow the rules of the experts.
Those who come to the market to make new investments and trades should learn from the old users. It is possible to get to know each and every cryptocurrency and trade by spending a lot of time patiently in the cryptocurrency forum. Love Crypto and Forum.
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If you trade without that experience or knowledge you are committing suicide. I believe you will suffer losses if you trade without good experience and knowledge. Moreover, trading in the world of cryptocurrency is high risk. Because experience and good knowledge are important and necessary before doing anything.
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If you trade without that experience or knowledge you are committing suicide. I believe you will suffer losses if you trade without good experience and knowledge. Moreover, trading in the world of cryptocurrency is high risk. Because experience and good knowledge are important and necessary before doing anything.
It is unlikely that someone will start trading cryptocurrency without experience and without knowledge. At least a person should understand what he is doing. Although if a beginner trader has an overestimated self-esteem, then problems cannot be avoided.
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Then there is a possibility of damage. There are a lot of people who said, even after getting a 100 percent signal, they get damaged. That is, they do not follow the rules of the experts..
For a beginner it is difficult to follow the rules of the experts,
experts understand trading management well, beginners do not understand it, that is why trading signals cannot be a reason for someone to start trading, because the risk is still very large, beginners are easier to follow FOMO, and most FOMO end up losing.
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Ignorant people are like animals. Because a person who has no knowledge of cryptocurrency will never be able to trade. So I think those who trade should have knowledge and experience.
I want to correct your perception if you don't mind; Everybody can trade; infact it is the easiest activity in the crypto currency space; the true question is can you trade to earn on a consistent basis? or you trade to loss?
Trading without experience or knowledge will give you more losses than wins; and this is why you need to understand what trading is about.
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If you control your emotions and clearly open deals according to the ideas of professionals, of whom there are many on the Internet now, the main thing is to check before copying, you can make good money! I can recommend the Dexe platform if you are a beginner!
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I want to correct your perception if you don't mind; Everybody can trade; infact it is the easiest activity in the crypto currency space; the true question is can you trade to earn on a consistent basis? or you trade to loss?
Trading without experience or knowledge will give you more losses than wins; and this is why you need to understand what trading is about.
This is a reality that will happen, I have never met a person who trades without experience and he often makes a profit rather than a loss. And indeed if there is, I believe it is the luck factor or maybe he accidentally found the right trading signal.
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I think all traders are a student or researchers to learn all techniques and strategies of trading. Trading without experience and knowledge is just loosing your asset so be careful. First of all u have to learn technical and fundamental issue than start trading.
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It seems to me that the best trading for a beginner is an investment in the long future. In this case, you can make money on the crypto market and sleep well at night ;)
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Just don't jump on trading immediately. Spend some time reading graphs of price movements of various coins. As you spend more and more time, you would gradually gain knowledge and experience about trading. As you gain confidence, you can even start trading after some time.
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Then there is a possibility of damage. There are a lot of people who said, even after getting a 100 percent signal, they get damaged. That is, they do not follow the rules of the experts..
For a beginner it is difficult to follow the rules of the experts,
experts understand trading management well, beginners do not understand it, that is why trading signals cannot be a reason for someone to start trading, because the risk is still very large, beginners are easier to follow FOMO, and most FOMO end up losing.
Who is an expert exactly, you never know because they wouldn't show tiy there portfolio and profits.
I still don't advice traders to follow experts, it's better when one opt in for trading guide and try paper trading before you venture into real trading.
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Just don't jump on trading immediately. Spend some time reading graphs of price movements of various coins. As you spend more and more time, you would gradually gain knowledge and experience about trading. As you gain confidence, you can even start trading after some time.
Do you mean to look at the characteristics of the coin? because indeed every coin has different price movements and has its characteristics, and if we can understand that, the trading will be very easy, because today's chart movement is not much different from the previous movement.
But unfortunately not many people pay attention to this))
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It seems to me that the best trading for a beginner is an investment in the long future. In this case, you can make money on the crypto market and sleep well at night ;)
long-term investment has a higher risk.
If you are only investing in one altcoin and you just stay asleep every night, it could put you at a huge disadvantage. because if one day the altcoins you hold go away and disappear, it's not the profit you get, but you can cry all night.
Even if you are investing in the long term, you must also have an analysis and keep an eye on market movements. if not, you cry
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It seems to me that the best trading for a beginner is an investment in the long future. In this case, you can make money on the crypto market and sleep well at night ;)
For many, this will be the best strategy and for some coins it works very well. The main thing is to check at least once a week what is happening with the coin on the market and read the news, since projects sometimes switch to other blockchain and you will need to swap coin on time.
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Trading without knowledge, skills and experience, is just like putting your money into gambling because you won't actually know the outcome and for sure luck won't always be on your side, trading without knowledge is very risky because you can all your capital ignorantly.
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To trade cryptocurrency you need to have a lot of knowledge. If you don't have enough knowledge about trading then you will never be able to profit by trading. Will face loss all the time. So I think you need to know about trading signals before you can trade. Then you can benefit by trading.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Anyone can do trade without experience or even without knowledge but there are big problems for sure, and that is the risky
is too high, where the capital of the newbie investors can easily be gone in the future. It will be okay if you have knowledge even without experience with this you can earn fast also a little bit waiting but still earn in the end.
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If you use the scalping strategy carefully, then you can get some profit without special knowledge. But for this you need to be very careful and spend a lot of time on this every day. Undoubtedly, you can use mirror trading, where you copy all the actions of a more experienced and reputable trader.
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Trading without a minimum knowledge of the market is very foolish. Its like depnding on the luck which most of the time results in big losses only. But anyone can buy sell crypto using spot trading that doesnt need much knowledge which is best for starters.
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without experience and knowledge, the possibility is a loss. if we get profit,it just a luck in my opinion. if there is no experience and knowledge about trading, maybe you can take advantage of luck,buying and selling principles that we use. buy at a low price, then we sell when it's profitable. and don't sell it if you still lose, maybe it could be like that if you don't have experience and knowledge.
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If you trade without experience and knowledge in this cryptocurrency, you will definitely lose. Trading requires a lot of knowledge. A person who has no idea about trading can never make a profit by trading. If you do not have a good idea about trading signals, you will fall into a big launch. So you must trade to trade. Must have full knowledge about.
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Someone without experience in trading can still be able to do basic buying and selling in terms of investing but if such persons decided to go into day trading, it's best he or she starts with a demo trading account as trading for daily profit without enough experience can lead to a lot disasters and losses, or at times, the person might end up buying a coin or token that he or she might not be able to sell due to price drop that might never come up again or might take centuries to.
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We shouldn't do something that we don't really understand, Crypto trading is very dangerous and we must be careful in managing our money. Of course if we do it without experience, then it will have a big risk of losing.
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Without knowledge, of course, this is the wrong step, but if only having a little knowledge is no problem, I think this is can be work if they follow their friend or telegram channel that share signal every day. I believe that not all people have good experience and knowledge on trading but they can if follow success people
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Crypto trading is very dangerous and we must be careful in managing our money.
Maybe you mean trading cryptocurrency is full of risks ))
managing finances is indeed very important to minimize risk
I believe that not all people have good experience and knowledge on trading but they can if follow success people
Following successful people is a good way to start, but what it means is that you learn from their life experiences, not follow every analysis they make. ))
if you follow other people's analysis, then forever you will depend on other people, whereas professional traders are required to trade with their own analysis.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
[/quoteWithout knowledge, of course, this is the wrong step, but if only having a little knowledge is no problem, I think this is can be work if they follow their friend or telegram channel that share signal every day. I believe that not all people have good experience and knowledge on trading but they can if follow success people
Trading is not as simple as it sounds when learning, you won't know how it really works till you throw in your funds and that's where experience comes in. Trading without knowledge is not possible,is just waste of money cause you don't have a blue on what you're doing and you still move ahead. without knowledge they is no experience and no trade.
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I've seen people talking about copy-trade technics. Anyone have experience with that? I've seen it is suggested (or shilled) for a newbies. Just use API and it will copy trading orders of successful traders and you will earn together with them. Sounds too easy to be true.
Also, what is "without experience" ? We all have made trades in our lives. No one cancels buy low sell high tactics.
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I've seen people talking about copy-trade technics. Anyone have experience with that? I've seen it is suggested (or shilled) for a newbies. Just use API and it will copy trading orders of successful traders and you will earn together with them. Sounds too easy to be true.
Also, what is "without experience" ? We all have made trades in our lives. No one cancels buy low sell high tactics.
I tried to find out as much as possible about this, because I wanted to try to make money in this way, copying the deals of more experienced traders. You must agree that the strategy looks very tempting. but no one could answer all my questions. After all, the fact is that you will probably have to copy not only the asset for the transaction, but also touched the volumes. And in general, I have not come across such information on any forum or on the Internet.
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In my opinion, such trading can work a couple of times, for example, take a long for the whole cutlet and sit out the full growth of the asset until a rollback of 20%! In general, it is better not to trade without knowledge, and you will still have to gain experience on the market through losses of deposits)
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For making good profit from trading, Much need experience, Knowledge about cryptocurrency market. Sometimes new traders can luckily make profit and sometime by following some signals. But, Knowledge very important for be a good traders.
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Without knowledge, of course, this is the wrong step, but if only having a little knowledge is no problem, I think this is can be work if they follow their friend or telegram channel that share signal every day. I believe that not all people have good experience and knowledge on trading but they can if follow success people
Investing and trading without any knowledge is likely to be a loss. You must have knowledge of the market to trade. Most of the coins in the market tend to go up in price, so you need to do some research. Because the price of each coin fluctuates in the market. Or you can benefit if you can relate to an expert.
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For making good profit from trading, Much need experience, Knowledge about cryptocurrency market. Sometimes new traders can luckily make profit and sometime by following some signals. But, Knowledge very important for be a good traders.
if I read, that's what many of my friends say here. the essence of trading is the same as trading in the real life and we really have to always learn about market movements. but there are also many people who just take advantage of lucky opportunities in trading.
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For making good profit from trading, Much need experience, Knowledge about cryptocurrency market. Sometimes new traders can luckily make profit and sometime by following some signals. But, Knowledge very important for be a good traders.
Not only important, but it is very necessary for novice traders, a beginner trader must have the knowledge and experience in order to become a professional trader, without those two things I am sure many novice traders eventually give up and don't want to trade anymore because they often lose.
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Actually there is a way to get signals about which Crypto coins can increase the price and of course it will pay off if we trade them. There is a trading signal group on telegram, I was offered but it is paid and not free. Finally I rejected it, I don't know how it will be profitable or not, but it would be better if we learn ourselves in this trade so that we don't depend on other people either from the Telegram Group or others.
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It depends on how knowledgeable you are in understanding. Trading is a bit easy but you have to do your research if you don't have mentor.. You can watch YouTube videos it will help.
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Of course those who will trade need knowledge and good experience about cryptocurrency. Trading is not for everyone but those who will always deal with exchanges and have good knowledge about all exchanges can benefit by trading. If you want to trade, you must first know about cryptocurrency.
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Anyone trading Cryptocurrency without knowledge based or experienced in the trading skill is bound to run into lost in order to avoid loosing your trading fees, that's why is good to learn and More knowledge from the crypto experts.
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Trading requires good experience. I think all people who are willing to trade must be very proficient about cryptocurrency. In order to invest in cryptocurrency, you need to have the right idea about all the exchangers. Only then is it possible to make a profit by trading and if he starts trading first then it will be seen that trading is only going to be loss.
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Trading requires good experience. I think all people who are willing to trade must be very proficient about cryptocurrency. In order to invest in cryptocurrency, you need to have the right idea about all the exchangers. Only then is it possible to make a profit by trading and if he starts trading first then it will be seen that trading is only going to be loss.
Of course, it is common knowledge that if we want to do something in order to have a good result, we need to know well the business we are undertaking. But none of us are born traders. They become over time, and everyone started with something. It is certainly better to gain experience from other people than to gain it from your mistakes. Therefore, it is quite appropriate to start gaining experience by listening to the practitioners on You Tube and then start practicing using small amounts. Experience will come with time.
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If you want to trade, you must first know about cryptocurrency.
Yes, knowing about cryptocurrency is very important because it includes fundamental analysis, experience is not enough to trade, researching coin fundamentals is also important to consider how the coin will develop in the future.
In order to invest in cryptocurrency, you need to have the right idea about all the exchangers. Only then is it possible to make a profit by trading and if he starts trading first then it will be seen that trading is only going to be loss.
I don't really know what you mean about this, could you go into more detail about "having the right idea about all the exchangers??
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Of course those who will trade need knowledge and good experience about cryptocurrency. Trading is not for everyone but those who will always deal with exchanges and have good knowledge about all exchanges can benefit by trading. If you want to trade, you must first know about cryptocurrency.
Yes mate,
In order to trade, he must be well versed in all aspects of cryptocurrency. Especially those who are trading always keep an eye on the exchange when the market goes down. Whenever it goes down a little, it buys immediately and when it goes up, it sells immediately. And if you want to trade, you must be proficient in the cryptocurrency market, especially on the exchanger. Then of course it is possible to benefit.
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Trading without experience is like when we live without eating anything.
Many new people who start trading are only inspired by people who are already successful in the field of trading and earn big income. So that new people only judge if trading is easy, only buy at low prices and sell at high prices. But it's not that easy, all require an analysis that must be really precise. But new traders only control their own analysis without further study and they don't get profit but only get losses
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
Trading without any experience and knowledge is very very difficult actually. Personally i tried myself for trading at my early stage of crypto market but i lost many money but positive sign is at that time i gather trading experience so that now i can understand how i have to trade or which coin/token i can choose for trade. So i my suggestion is strart your trading with small money and gradually you will gather experience and knowledge so that you will be big trader one day.
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It is natural to get good results if you have good skills on any subject. Trading platform is a game of intellect whose knowledge is as much as the amount of profit.
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Yeah. Obviously. Though there is limit to that. If knowledge isn't about knowing how to place orders in exchanges. ;D
There can be traders with absolutely no technical knowledge and I am actually a living proof though I have a bit which I don't apply. Fundamental news can be applied in trading and traders can make profits through that only.
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If you completely copy transactions n, for example, it is available on the Dexe platform, if your deposits are approximately equal and the trader is very professional, you will be able to make money with him! It is better to trade yourself, because it is not always possible to close at the same moment as the one you are following! It can be profitable with good setup and care!
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I am sure that trading without experience is impossible, I tried to copy trades from youtubers and traders to twitter, I could not make the kind of profit they describe! It is more comfortable for me to trade, all responsibility is on me!
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I am sure that trading without experience is impossible, I tried to copy trades from youtubers and traders to twitter, I could not make the kind of profit they describe! It is more comfortable for me to trade, all responsibility is on me!
Never use signals or advice from strangers, because you will lose more than you earn. The point is that it is better to learn how to trade personally and gain personal experience.
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I believed the only available option for any newbie trading without experience and knowledge is to buy a coin at dip and hodl for a long term perspective however embarking on the real trading like buying and selling using technical analysis and other indicators without a proper training will result to rekting of such a person investment, statistically 95% of traders losses funds in forex trading because lack of experience and knowledge
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It's my main regret that I already lost more than 1300 dollars trading in Binance future trade with 10 times leverage trading. Because I have no previous experience about trading. I realise that practice makes a man perfect.
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It's my main regret that I already lost more than 1300 dollars trading in Binance future trade with 10 times leverage trading. Because I have no previous experience about trading. I realise that practice makes a man perfect.
All traders lose their money when they start using margin. But these losses will be much smaller if you first learn to trade with a profit on the spot market.
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But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
No, this is not possible unless they trade with support from an experienced trader! Trading needs knowledge and good strategies to earn profit and that is why 30% out of 100% can earn profit from trading. I can compare trading without knowledge with someone who likes to become a giant web developer but he always using CMS's like Wix to create websites (buying a ready-made theme instead of coding anything he wants from scratch)! I mean using signals may generate a little profit though sometimes you will earn nothing, trading with knowledge will boost profits because you will be understanding everything yourself, and will be easy for you to make your own technical analysis instead of using signals 100% so it's obvious you'll earn good profit.
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Sometimes, lack of knowledge and experience is better. People who has not witnessed January 2018 are bolder than us and they earn more than us ;D
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Of course trading requires good experience in cryptocurrency. Despite having a lot of experience, many people have lost a lot by trading. That is why there are many telegram groups who will trade about cryptocurrency pumps and dumps. In that group, it is seen how much the price of a token will increase and if it is bought and sold accordingly, I think it is possible to make a profit.
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I am sure that trading without experience is impossible, I tried to copy trades from youtubers and traders to twitter, I could not make the kind of profit they describe! It is more comfortable for me to trade, all responsibility is on me!
In 2017, I had no experience trading on a cryptocurrency exchange, but I was trading very profitably. Because trading in the bull market is very simple: you buy a coin today, and tomorrow you sell it with a profit. But then it's hard for a beginner to keep their earnings when the market becomes bearish.
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Trading without experience can be acceptable but trading without knowledge is a bad idea. It is a basic thing to have before you start trading, learning first to have basic knowledge should be done by all traders. Crypto trading has a high risk, you will be in trouble if you have no knowledge of it. You must know the characteristics of the crypto market, how to deal with fluctuation/volatility, when to buy-sell, and many other things.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
You already said it. Even as a holder, you still need to have that bit of trading knowledge on how to buy and how to sell your cryptocurrency assets and that is the bottom line. With out this basic knowledge, it will be almost impossible for any crypto investor to trade crypto unless you want to employ someone to do it for you which is out of this equation. Moreover, if you want to do daily trading then you need to have a deeper understanding of how the market work, understand some TAs that would aid you in making some decisions on your own.
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If you want to trade, you must have good knowledge and experience in cryptocurrency, then you can get good results by trading. I traded a few days ago and first gained something from there and then fell into huge losses. That's why I think it's best to have experience with all aspects of cryptocurrency before trading.
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If you want to trade, you must have good knowledge and experience in cryptocurrency, then you can get good results by trading. I traded a few days ago and first gained something from there and then fell into huge losses. That's why I think it's best to have experience with all aspects of cryptocurrency before trading.
Of course, you can easily learn how to trade by watching high-quality videos on the corresponding YouTube channels. Of course, mistakes and losses will not do without, but every failure will turn into a good experience for every beginner.
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There is nothing to do without trading experience. And relying only on your own luck is complete nonsense. First you need to study everything thoroughly and then just start trading.
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Yes, it is not possible to trade without the knowledge and skills to start a business. You have to learn the trade by analyzing the market with your own skills there may not be any luck here if you don't know anything about trading you will lose everything so learn then trade.
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Someone with poor knowledge can lose everything.
It can be very difficult to trade, especially if you do not have experience in crypto businesses.
However, crypto did not have to buy tokens and wait for a long time as before. Most people who buy tokens are looking to sell the coin in a short time and get a profit.
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Trading without experience can be acceptable but trading without knowledge is a bad idea. It is a basic thing to have before you start trading, learning first to have basic knowledge should be done by all traders. Crypto trading has a high risk, you will be in trouble if you have no knowledge of it. You must know the characteristics of the crypto market, how to deal with fluctuation/volatility, when to buy-sell, and many other things.
Your right mate, "IF TRADING IS EASY, THEN EVERYONE WOULD BE A MILLIONARE" knowledge in trading is important. this is the secret of all of the profitable traders out there.
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We know that those who trade in cryptocurrency have all kinds of knowledge about cryptocurrency. Even after that those who own more dollars are the ones who have traded the most. If you don't get a lot by trading, you have to lose a lot. Of course, those who trade can lose money and gain a profitable. So just having more knowledge in cryptocurrency is not enough. Those who trade must have all these things.
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Cryptocurrency is always risky investment trading without experience and knowledge is more and more risky investment than others because if you don't have any knowledge about particular cryptocurrency you have the probability to loose all of your money. So if you want to gain from cryptocurrency trading you have to develop your thinking or knowledge otherwise you will be loosed.
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What is really "without experience" means? I think even at the age of 2-3 kids already play "shop/cashier" and in few years they will figure out what is buy low sell high means. This basics is enough to make first trades. I personally started trading without knowing what is pump/dump, reading news about altcoins and etc. Just have made a deposit and bought something that show +% next to it, sold it in few hours with profit.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
For me, Its definitely no, because how could you confidently spend money into crypto like trading without knowledge or experience in crypto currencies exchange.
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It seems like a suicide to me. I know users who started trading with small amounts (but without prior knowledge) and the first days they were lucky, days later the amounts increased and what had to happen to them happened, they lost everything, they relied too much on luck without taking experience into account, and they paid dearly.
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In your opinion, can someone trading without experience or knowledge?
Anyone can trade without experience and then their profit will depend on their luck. I would say it would be better not to trade newcomers. Because in order to trade, you must have a good idea about cryptocurrencies and markets. However, newcomers want to make a profit by trading every day, but I will tell them to hold good coins for the long term. As a result, they will benefit effortlessly. And newcomers can apply some of the funds themselves to trade with experience. This will further enhance the experience
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As a rule, those who do not have any experience or knowledge come to the cryptocurrency market and then acquire them in the process of trading. Those who fail to gain knowledge and experience lose their deposit and leave the market forever.
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As a rule, those who do not have any experience or knowledge come to the cryptocurrency market and then acquire them in the process of trading. Those who fail to gain knowledge and experience lose their deposit and leave the market forever.
I completely agree with your opinion that all professionals today, once were beginners and some of them themselves learned what they can do very well today. At least for every beginner today there is a very large base with information, thanks to which you can learn and gain experience. A few years ago there was no such possibility.
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Everyone should need to know that crypto currency investment is always risky investment. Here if you want to be a trader you must need to learn about crypto currency. Because trading without knowledge and experience is harmful for future. Because your all the money may lost if you start trading without knowledge and experience. So be aware about that.
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For temporary trading maybe you can pass some trades and get profit from it without proper education and experience. But If you want to take trading as your profession you must do some study about it and gather knowledge as much as possible. Otherwise, the future won't be nice for anyone.
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Currently, I see a lot of new people entering the crypto market looking for big profits. Most of them have no experience, no knowledge and they only invest in ICOs/IEOs/IDOs according to the advertisement and place trading orders on Binance according to the signals provided in Telegram group chat. Bullrun makes most of the orders correct but they don't understand the market or the indicators, they are the most vulnerable traders.
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Currently, I see a lot of new people entering the crypto market looking for big profits. Most of them have no experience, no knowledge and they only invest in ICOs/IEOs/IDOs according to the advertisement and place trading orders on Binance according to the signals provided in Telegram group chat. Bullrun makes most of the orders correct but they don't understand the market or the indicators, they are the most vulnerable traders.
True, even as a newbie back then in 2017 with little or no TAs most of my trade came out in profits because as you said, the market was 8n a bull trend and if most traders don't understand that understanding how the market works and learning the TAs are the fundamentals to trading, they will end up been burn at the end so it is very important to have the experience and knowledge before you really go into trading the market.
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Crypto currency market is a large market and more volatile so its a risky for investment. Though its a risky market but it has more potentially than other investment. This potentially is for who has the depth knowledge about the crypto currency market. Without knowledge about market will be more looser. So its so much risky for those who have no knowledge about the market but they have started trading. In my opinion trading without experience and knowledge is not good at all for any trader or investor.
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Crypto currency market is a large market and more volatile so its a risky for investment. Though its a risky market but it has more potentially than other investment. This potentially is for who has the depth knowledge about the crypto currency market. Without knowledge about market will be more looser. So its so much risky for those who have no knowledge about the market but they have started trading. In my opinion trading without experience and knowledge is not good at all for any trader or investor.
I agree with you that trading cryptocurrencies with out the proper knowledge is a no no and any crypto investor that wants to make it in the market should definitely get some knowledge about the market and the coin/token intended to invest in. You can never make money trading blindly or maybe by luck but that is not what you want, trading with luck. Investors have to be able to know between 70-80% what the market trend is like so that they can make a decision that will benefit their position.
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What I found out, there are not many unique solutions that come with great tech. Would outline Utopia - looks like they are coming with uniqueness on music field. Through the UOP, artists will be able to ask their fans and investors to crowdfund their projects. Their tokenized songs are attributed to The International Standard Recording Code (ISRC), which entails the right to collect revenue for the song, and the ability to distribute the revenue to the people who have sponsored the track. While this is easy to take for granted, the archaic structures of the institutional music industry have limited such seemingly straightforward accounting mechanisms, as evidenced by the Black Box, where billions of dollars are lost every year. Read, would discuss
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Patience and experienced makes you a successful traders in cryptocurrencies market cap. if you don't have enough patience and experienced, you don't achieve success.
I agree with your own opinion and i believe that, this patients is Very important things for Trading and Crypto life and i believe that Nobody can't make something good ftom Trading without any Patients and Without any Risk. Risk and Patients is too important on Crypto Market.
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Things that are difficult for us to do, do something without high knowledge and knowledge or experience. Especially in Cryptocurrency trading, it has a very high risk because of the high fluctuation of Cryptocurrency prices. If we make the wrong decision, our money is sure to lose.
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Things that are difficult for us to do, do something without high knowledge and knowledge or experience. Especially in Cryptocurrency trading, it has a very high risk because of the high fluctuation of Cryptocurrency prices. If we make the wrong decision, our money is sure to lose.
Yes, you will get losses if you make decisions without careful planning, trade management is an important thing to do if you want to minimize losses.
There is one thing you have to do, which is to make a plan before you buy, and this is what differentiates professional traders from novice traders.
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Without planning and experience i saw many people crying now. I advise you to check some youtube expert video and observe the markets and then enter into this market with low amount.
I know you are new to this so I'd suggest learning to be patient. It's really important in the market. Honestly, trading is 90% psychological.
Everything goes down, nothing goes up forever.
You should make a plan and stick with it. Do you want to trade/scalp or hold long term?
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I think trading should have knowledge first and be studied so as not to experience a big risk, just like playing crypto if we don't understand the knowledge we won't be able to get big profits.
because basically people who trade must have a goal to make more money.
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can someone trading without experience or knowledge?
It is possible but should be very risky. I think we must have sufficient knowledge first before we start trading or investing in a crypto coin. Trading and investing in crypto coins are very risky activities, it is not recommended to do without good knowledge about it. There are already many people who failed trading or investing in crypto because they just rely on luck. We cannot rely on luck only, trading or investing in crypto needs sufficient knowledge and experience.
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If you want to trade, you must have a good idea about all aspects of cryptocurrency. He who can analyze the market in cryptocurrency will definitely make a profit by trading. So I would tell everyone not to trade futures because you can never make a profit by trading futures. Future trading is like gaining time like gambling and once again the amount of dollars you have is gone.
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The crypto market is one of the largest market in the world. Many countries in the world support the crypto market. This market is very risky for business or investment. The nature of this market is instability. It is difficult to say when the value of the market will decrease and when it will increase. But of course it is a profitable market. But without experience or knowledge, business and investment in this market will be much more risky. It is usually difficult to do anything without experience or knowledge. In my opinion business and investment should be done here with knowledge or experience about the market. I hope you will benefit from this.
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if you have no knowledge then sooner or later you will lose all your money. It is best to gain experience, skills and knowledge in the market.
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If you want to trade in the cryptocurrency market, you must have previous experience. Otherwise, no matter how big the type of trading, you will have to face a lot of risks. Prior experience is required to do anything. It is not possible to achieve success in any work without previous experience. So before going into trading you need to know about the market. You have to work hard. You have to spend more and more time on cryptocurrency. Can trade after having all the experience about the market. Otherwise you can lose all your capital.
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Experience is important to take a sell or buy position at the price we want.
In addition to experience, we need basic knowledge, without knowledge in trading we cannot make crypto purchases and transactions, at first glance everything looks easy, but has a lot of risk when we make wrong decisions when we have little knowledge about the coins we want to trade.
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yes they can trade coins without knowledge but they will likely losing money because for sure they will trade a shitcoins.. I remember my first trades and don't know much about cryptos, I just trading just to make money but too bad that I lost money instead.. Newbies must learn about cryptos and learn strategy in trading, they should read in articles or watch video tutorial about trading..
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trading without proper knowledge is called gambling :) you just pick up or down and if you were right, you're in profit, otherwise rekt.
I personally self-educated, but it took from me 6 years to reach 80%+ accuracy... I was doing that to be hired, but eventually I went full-time doing only my trades, recently I decided to create my telegram group so to prove my accuracy and let people copy my trades if they want to, you can check it on Telegram if interested (@BuyMeCrypto).
The best education is to put 100$ into margin account and try everything by oneself. Maybe one can make first $1000 out of it (don't forget to take profit), and then $10K, then $100K, then...
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Cryptocurrency is not really easy the way people are thinking it is I don't really think trading without knowledge is a really good idea because l believe you will just be wasting money because you have to make research first before buying any coin and if you don't have any knowledge how will you know the right coin to buy.
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Knowledge and practice are always needed, but even that is sometimes not enough. If you invest in high-risk tokens that seem shadowy, they probably are. You have no right to complain when your initial worries come true. Have your decision and move on.
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Knowledge and practice are always needed, but even that is sometimes not enough. If you invest in high-risk tokens that seem shadowy, they probably are. You have no right to complain when your initial worries come true. Have your decision and move on.
That is precisely what everyone should do, make their own decisions without being influenced by anyone, the moment we make our decisions (right or wrong) we own our future, for better or for worse. Trading without previous experience or knowledge or being influenced by someone when investing in some coins/tokens are mistakes for which we could pay dearly in the future.
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Knowledge and practice are always needed, but even that is sometimes not enough.
Sure, sometimes it needs the luck factor. I am sure the luck factor also has a role in trading although it doesn't work every we trade crypto coins. However, strong efforts must be done first before expecting the luck factor. If you have done nothing, the luck won't work or never come.
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If you cant identify trends breakouts and predict price targets. YOU SHOULD NOT BE TRADING. PERIOD. Anyone that says the market is unpredictable and TA is worthless should just stick to a savings account or use the acorns app.
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In my opinion, a person without any experience and knowledge cannot trade or invest because without any knowledge and Experience you do not know that on which coin you have to invest or trade. So i think that you must have a little knowledge about the cryptocurrency.
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Trading the financial market required experience and knowledge. If you are trading without knowledge and experience, you are gambling with your money and very soon you will be liquidated. You must have strategy that work for you. It takes knowledge and experience to develop strategy that work for you.
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Trading without experience and knowledge is like a blind man waking in the street. Any time you can fallen in accident. So it is very much important to acquire your knowledge and experience first otherwise you crypto journey will not be successful. Don't be excited, very beginning just gather knowledge and experience.
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usually when there are new traders who do not understand the situation and conditions where the exchange will usually enter directly without looking at the price, but for experienced traders it will wait until conditions are good and find a good position to enter then they will buy the coin, it is very difficult to determine the right time to enter but at least when the price has gone up very sharply then you should wait until the price collapses again because if you force to enter you will be stuck at a high price.
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An attempt of trading must come with knowledge, and the more you attempt,you gain experience, the first time I traded I never knew I lost much though it was successful but I traded not taking good cognisance of the volatility of the coin. So I sold when the price value was very low. It was later that I discovered that I could have sold the same coin at 6 times higher value. But that was another experience for that moment.
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We the people who wants to do some thing need to learn first for doing that so crypto trading is not out of that if any one wants to make profit from trading then he or she need to be experienced and knowledgeable other wise he or she will be looser from the market. If any one wants to trade in the crypto sector he or she need to learn technical, historical and fundamental issue about the crypto market. So finally i can tell that without experience and knowledge trading is not possible.
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whatever someone does, of course, it requires experience and knowledge in it, especially trading that involves our personal assets. Of course it takes knowledge and experience in it to be able to trade well and make a profit. I often fail in trading in the early days of trading, it's all because I don't have enough experience and knowledge in trading so I get a lot of failures and losses in it. that is why it is important to increase knowledge and experience so that we can learn better in trading and minimize losses.
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Trading without experience and knowledge is like a blind man waking walking in the street.
You are right. Experience and knowledge are needed for all traders because they can be like the guide for them to trade properly. Without knowledge and experience, they will trade blindly or have no certain strategy in trading. Sure, this will be very risky because it has a big chance to lose all the money (funds). Crypto market isn't something easy to understand without knowledge & experience.
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So finally i can tell that without experience and knowledge trading is not possible.
underscore what you say, without experience and knowledge, trading is not possible. Of course what you say is something that is very principled in doing anything related to trading, but what is no less important is the courage to immediately start trading by gradually while providing hands-on learning.
if you don't intend to trade immediately, then just learning in theory will certainly not get the maximum that can be obtained. immediately start trading with small funds first, it is important to be sure as well as learn from the mistakes that we may make in early trading.
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Trading without experience and knowledge is like a blind man waking walking in the street.
You are right. Experience and knowledge are needed for all traders because they can be like the guide for them to trade properly. Without knowledge and experience, they will trade blindly or have no certain strategy in trading. Sure, this will be very risky because it has a big chance to lose all the money (funds). Crypto market isn't something easy to understand without knowledge & experience.
I would say that you must first acquire knowledge, it is not the same to have little knowledge to a lot of experience, because if I read at least 10 books that tell me about the market, my experience will have much higher quality than the experience taken without having read anything, or start just trying to bet and strategize on what you see, because sometimes you have to determine in which phase of the market is operating, because we cannot buy in a distribution phase because that expects money and that to know it is to through reading.
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4.1. Do crypto traders need special education?
"In my experience trading as a profession is one of the most difficult pursuits out there, so anyone who wants to generate income through trading needs a very rigorous education."
If Trading as a profession of course requires experience and knowledge, but what if someone only wants to do day trading but trading is not a profession, is knowledge and experience really needed? :)
For trading always request experience and knowledge without knowledge can get success on there day trading but anyone can invest in crypto for long time without any experience and knowledge. because of all cryptocurrency will pump one day and they will get profit. if that token is listed in any big exchange
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Trading without experience and knowledge is like gambling. You should have done some research about any project that you are investing in. If you invest in any project without knowing much about it you will probably take lose most of the time if you are not so lucky. Also, every trader should have a proper strategy for his trade. That is equally important for a trader.
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We still need some knowledge for trading cryptocurrencies, at least to know which projects are currently in the top, on which pairs they are traded. All the same, without knowledge, you can merge very well, if you only trade for a long-term investment.
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We still need some knowledge for trading cryptocurrencies, at least to know which projects are currently in the top, on which pairs they are traded. All the same, without knowledge, you can merge very well, if you only trade for a long-term investment.
all will always need knowledge in crypto trading, all can be done by learning from writing or can also receive information from those who have done it. but the most important thing is to jump right in to learn the trade but start with small values first. because if we jump right in, we can correct any mistakes right away and we won't fall over in the things we've done. but once again everyone's learning will be different must be adapted to the circumstances themselves.
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Risky what else for those who use large capital will be very risky to lose a lot always remind my friends who are first entering the world of trading crypto did not have to buy tokens and wait for a long time as before. Most people who buy tokens are looking to sell the coin in a short time and get a profit
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They are at risk of losing everything in trading hoping to make more money in less time. You need to analyze the market for buying and selling coins and it is better to move forward with time this increases both knowledge and experience in trading market research is easy.
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According to me, trading without knowledge and experience can only put you in high risks and losses, there is always the need of proper analyzation of market before making any move.
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I think that any person who wants to learn how to trade should go all the way on their own with all the ups and downs, and therefore it doesn't matter if you know how or not you need to learn
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You can trade without experience and knowledge, but it will be purely on luck, such users are just called hamsters, but without these hamsters there would be no earnings, in fact, if there are all the pros on the exchange, then there will be no such volatility on my opinion.
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without experience and knowledge trading is very risky.experience and knowledge is firstly needed when you will trade.If you have no huge knowledge on trading then you will looser.If you have good knowledge on trading then you will acquire profit.
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My answer is no, because trading is not an easy matter. If you are trading because you are in a trend and don't know what trading means and others. In fact, those who just enter trading without having knowledge and a little experience feel they are the most correct and want to be seen as smart by many people, but in fact it is still from them.
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Starting trading without any trading knowledge or experience is a bad thing. You will be confused later if you are faced with a fluctuating market, vacillating and not knowing what path to take. Especially in determining the time when to sell and release coins. Even those who are used to it and experienced are still often confused, especially if they don't know anything. Therefore, before deciding to join in trading, at least you have mastered the general material about trading.
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ordinary people will think, trading will make a profit, therefore they want to buy at low prices and sell at high prices, but for capital owners who invest their money in crypto, they must have traded before, what they need is to improve their skills to analyze the market.
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Knowledge and experience are the most important case in the crypto currency trading platform, especially those who do not have these two essentials in cryptocurrency trading they definitely get unbearable loss. So before starting your career in trading platform you must acquire or have knowledge and experience.
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I believe that knowledge and experience are absolutely necessary in trading, because mistakes in trading can be very expensive, even experienced people make mistakes in trading, and if there is no acquired knowledge and skills, then you should not go into trading at all
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I do not suggest anyone to trade without experience or analysis. first need analysis of a coin/token and should patience, follow market.
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ordinary people will think, trading will make a profit, therefore they want to buy at low prices and sell at high prices, but for capital owners who invest their money in crypto, they must have traded before, what they need is to improve their skills to analyze the market.
Without experience and knowledge of cryptocurrency trading, the desired profit may simply not work. Profits from cryptocurrency trading should deviate from the knowledge and experience of the trader himself. There is no point in starting without basic knowledge and rules in trading. Relying on intuition is not a way out of a situation when you rely on yourself and chance. Knowledge is needed in cryptocurrency trading.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
I think It won't happen and will make us loss if do trading without experience and knowledge.
Seeing the chart and must learn the signal and character of coins are the basic factor to know the progress of coins.
Except bitcoin doing correction, It's really difficult to predict.
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trading without experience and knowledge is very risky what else for those who use large capital will be very risky to lose a lot
This is what I always remind my friends who are first entering the world of trading, first learn how to analyze the market otherwise it's like you are gambling
Sure, trading always need experience and knowledge.
Without knowledge and experience , you will loss alot.
We must know about the potentially of coins and can predict the progress of them.
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trading without experience and knowledge is very risky what else for those who use large capital will be very risky to lose a lot
This is what I always remind my friends who are first entering the world of trading, first learn how to analyze the market otherwise it's like you are gambling
Sure, trading always need experience and knowledge.
Without knowledge and experience , you will loss alot.
We must know about the potentially of coins and can predict the progress of them.
Knowledge and experience should go constantly together and grow and develop at the same time. In this case, a person will be able to competently and, most importantly, promptly apply their knowledge in practice, gaining very important experience. I think that in such close contact of knowledge and experience, excellent trading turns out.
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Cryptocurrencies are a fairly new asset, and also a very risky one. Without knowledge, trading is a risk of losing all your funds. To be successful in trading you need knowledge and experience also.
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how do you think is it better trade alone or with coach?
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Cryptocurrencies are a fairly new asset, and also a very risky one. Without knowledge, trading is a risk of losing all your funds. To be successful in trading you need knowledge and experience also.
Well, you will loss your assets, If you want to do trading without knowledge and experience.
I personally prefer trade in short term and always learn the signal of chart.
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Trading always need experience, good knowledge and how to manage emotions.
Those are not easy, Several times I have lost because be greedy and want to get more profit.
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Trading always need experience, good knowledge and how to manage emotions.
Those are not easy, Several times I have lost because be greedy and want to get more profit.
Well, I'm agree. Trading, investment always need experience, knowledge and research.
We should have good research to choose coins that will to invest.
Manage emotions and set the target when do trading.
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I have read many opinions from big brother, Trading with experience and knowledge is non sense.
I think We should have knowledge and experience to do trading, investment and also join bounty.
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It is impossible to achieve success in any area, especially in travel, without experience and knowledge. At least you can always learn from your mistakes, but these mistakes will cost you dearly, although they could have been avoided thanks to at least gaining knowledge through this kind of forums.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
It's funny, If we want do trading without experience and knowledge. We should learn and always learn the market and the character of coins. Also read the news and of course the event of coins.
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Trading without experience and knowledge is a confirmed way of loosing money. Because you must know about it before trading. If you have no idea what coins to buy, why to buy, when to sell, what is market correction, what is trading signal, then trading will be difficult for you.
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when trading without knowledge and experience it will be terrible, you can get stuck in high prices and you can even lose your assets when trading between exchanges because sending coins with different platform networks, so keep learning and be vigilant when trading on cryptocurrencies.
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when trading, you should be able to find information in advance about how the coin price moves at the exchange and monitor more deeply the price movement, because if you go straight in without having trading knowledge and controlling patience, you can lose.
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If you do trading without experience and knowledge, It seems you only throw your money in the trash.
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Trading on the stock exchange without experience and knowledge is like walking blindly through a minefield. It is undesirable and even dangerous to do this. Of course, experienced traders are not born, they become after a certain time after receiving significant knowledge and experience. For this, it is better to have an experienced mentor, because it is quite difficult to understand all the intricacies of this science on your own.
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It is obvious that if you seek about something then you will be actively perform for it and will be able to get your purpose. The same thing is with trading if you have follow the plan of the action that are most obligatory for the achievement then it is an easy thing and fortunate for you to be in victory of making money. Therefore seek some important things related to trading if you desire to have success.
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Trading without knowledge or experience is dead on arrival, I was once without experience too, of course everyone else didn't just have experience over the night, it's all with constant leaning and practice. Me before learning with Bitay and now after learning some skills with Bitay academy is a different ball game, I can say it authoritatively that trading without knowledge or experience is a waste of time and resources. Learn before you earn is the best way to go around it. Bitay exchange might just be fine for any newbies to trade easily with it's easy to learn and earn features. I'm just an example of a Bitay shaped trader, I can even be on trades for as long as it requires without panic or getting emotional with the trade. So it's a go for me and could work for just anybody too.
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If you do trading without experience and knowledge, It seems you only throw your money in the trash.
I agree with this. Trading without experience and knowledge is only throw our money in the thrash.
It's not easy to do trading, we should learn the chart, market and do the right time to buy and sell.
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How is it possible to get profit from trading without any knowledge? If anyone does it, then it will be called gambling not trading. Gambling is very risky. Trading will not risky if you learn to trade.
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Trading without experience and knowledge is a confirmed way of loosing money. Because you must know about it before trading. If you have no idea what coins to buy, why to buy, when to sell, what is market correction, what is trading signal, then trading will be difficult for you.
That's right, trading with knowledge and experience sometimes still makes us lose, let alone doing it without experience. Trading is difficult, so it can't be done instantly. It takes time, it takes a process, it takes knowledge so that we can benefit from trading.
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Trading without experience and knowledge is a confirmed way of loosing money. Because you must know about it before trading. If you have no idea what coins to buy, why to buy, when to sell, what is market correction, what is trading signal, then trading will be difficult for you.
That's right, trading with knowledge and experience sometimes still makes us lose, let alone doing it without experience. Trading is difficult, so it can't be done instantly. It takes time, it takes a process, it takes knowledge so that we can benefit from trading.
You're right, be professional trader is need process and We should have good knowledge and experience.
I have done trader since 2017, But still not good trader.
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In my opinion without any knowledge make trade is worse because you take risk and a chance for lose your assets so don not make trade, you should have to gain knowledge from different platforms like youtube, forms , groups , channels etc....
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If you don't have any knowledge and experience in crypto market trading, it is just boring and risky. One of the most important things we can learn is how to manage portfolios, what risk management means, and some more so that we don't lose money when we make trades.
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If you don't have any knowledge and experience in crypto market trading, it is just boring and risky. One of the most important things we can learn is how to manage portfolios, what risk management means, and some more so that we don't lose money when we make trades.
And what often happens when we trade without experience is, we will rush to sell the coins we hold when the price drops because we are afraid the price will go down, and this panic will make it easy for us to lose money in this Crypto trade.
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I will recommend you to never do trading without proper guide and knowledge. I personally witnessed many peoples to loss so much just because they saw an add or hear someone's story how they get rich from crypto trading. Study and work for your way and go slow.with each step you will get to your point where you can play openly.
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I will recommend you to never do trading without proper guide and knowledge. I personally witnessed many peoples to loss so much just because they saw an add or hear someone's story how they get rich from crypto trading. Study and work for your way and go slow.with each step you will get to your point where you can play openly.
Yeah, agree. We should have knowledge to do trading.
It's not easy, We should learn signal, news, chart and follow the event.
Knowing the coin character and manage emotions as many people said here.
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Still, if they have now experienced and knowledge, they also profit from trading through signals; some experienced people are selling signals for crypto trading. Hence, those who have no experience in the market can buy altcoin signals and can buy upon their signals and trade with their advice.
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In your opinion, can someone trading without experience or knowledge?
I think You will loss alot If you do trading without experience or knowledge, Trading needs experience to analyse chart.
We should have knowledge about the coins too.
So , It's not easy.
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trading without having trading knowledge first in my opinion it will seem like suicide because with the money you have and don't have good trading knowledge and when you make a wrong move you can make all your assets disappear instantly.
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trading without having trading knowledge first in my opinion it will seem like suicide because with the money you have and don't have good trading knowledge and when you make a wrong move you can make all your assets disappear instantly.
Agree, we should have knowledge to do trading.
We will loss alot if doing trading didnt have knowledge.
We must learn about coins, team and also event or news.
Learn the chart before.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
If you are lucky boy, I think You can do trading without experience and knowledge.
Becaue not easy to do traidng and get profit without knowledge and experience.
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Trading without experience and knowledge, I agree with this opinion, It seems we throw our fund to trash
I think we should learn all about crypto, chart, coins, project etc.
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trading without experience and knowledge is very risky what else for those who use large capital will be very risky to lose a lot
This is what I always remind my friends who are first entering the world of trading, first learn how to analyze the market otherwise it's like you are gambling
Yeah, trading without experience and knowledge like gambling.
You will lose alot.
We should learn the market, how to analize and predict the signal.
So, It needs time to have experience.
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If you are new trader, you used other signs like Bollinger and the 3 EMA lines to verify on which indicators on my original set showing a valid result. But holding is always best
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In my opinion trading without proper knowledge and experience will put you in loss so first gain knowledge and guidance about crypto then make your trade..
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I've seen a lot of community members here even in the other forum platform entered into the cryptocurrency without any knowledge about and the majority of them in the end loss their assets. In short, entering in the cryptocurrency without any idea or knowledge is one of the risky things to do especially if the community is just a newbie only.
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Any business and any income requires a good knowledge of what we are going to do. Cryptocurrency is no exception. But it is worth saying that price forecasting in the cryptocurrency market is very difficult. Therefore, sometimes beginners invest in cryptocurrency, guided only by intuition, and sometimes they get good profits. This also happens. But this is hardly worth counting on.
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In my opinion, it is unreasonable to trade tokens without experience. I recommend nft trading. P2e games have a lot of players and Vulcano has a nice market is forming for trading. Really needs to be looked into
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My problem was I knew to take it out in September and I did for a few days but got anxious and bought a ton more when prices first dropped a bit. Had I used my head I would have waited
I started with crypto on oct 28th 2021 invested 42k between oct and december and been holding since. As of today, im 39% down.
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My problem was I knew to take it out in September and I did for a few days but got anxious and bought a ton more when prices first dropped a bit. Had I used my head I would have waited
I started with crypto on oct 28th 2021 invested 42k between oct and december and been holding since. As of today, im 39% down.
You may have done things too fast, but that's just my personal opinion. Anyway, now the best thing to do is wait until you get your initial investment back, and if you don't need the money, wait for the market to pick up a bit and make a profit. As we know, while you don't sell you don't lose, and if you have a waiting margin you can earn money, it all depends on your personal need and what you want to do with your investments, that's why I think it's best to wait.
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Still, if they have now experienced and knowledge, they also profit from trading through signals; some experienced people are selling signals for crypto trading. Hence, those who have no experience in the market can buy altcoin signals and can buy upon their signals and trade with their advice.
I think this is pretty risky, it is best to be knowledgeable even if you trade with signals and such. It is difficult to find trustworthy sources.
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Still, if they have now experienced and knowledge, they also profit from trading through signals; some experienced people are selling signals for crypto trading. Hence, those who have no experience in the market can buy altcoin signals and can buy upon their signals and trade with their advice.
I think this is pretty risky, it is best to be knowledgeable even if you trade with signals and such. It is difficult to find trustworthy sources.
I get the point big your opinion, It is difficult to find trustworthy sources.
Yeah , I think It's really difficult to get good signal , because I never join signal telegram group which share signal accurately.
They just shared, But not accurate.
Trading always need experience and knowledge, So we should learn about crypto every time.
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trading without expereince and knowledge is Gambling.
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In your opinion, can someone trading without experience or knowledge?
I'm sure it can, but it won't be able to consistently generate profits.
We have to learn a lot of basic fundamentals and technicals to help us make decisions to buy or wait, sell or wait.
Experience is even more important, don't ever be traumatized when we lose in trading, make it a valuable experience
so it won't happen again. make it a lesson, from there it means we need experience and knowledge
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In your opinion, can someone trading without experience or knowledge?
I'm sure it can, but it won't be able to consistently generate profits.
We have to learn a lot of basic fundamentals and technicals to help us make decisions to buy or wait, sell or wait.
Experience is even more important, don't ever be traumatized when we lose in trading, make it a valuable experience
so it won't happen again. make it a lesson, from there it means we need experience and knowledge
If you say It can, someone can trading without experience and knowledge , it's just luck.
It won't continue and consistently.
I agree with we should have knowledge about fundamental and technical analysis, it will make us to know more about progress coins and market condition.
Not easy, but we can learn it.
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Experience will bring their experience to their true selves in the cryptocurrency space so in my opinion trading without experience and knowledge will often make mistakes and that is very fatal.
I also used to before entering cryptocurrency I tried to learn what Bitcoin is and how it works and then I was also taught by my friends so that I can get excessive profits, hopefully in this forum all members have experience and knowledge before entering cryptocrurency trading .
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If we trade and without sufficient knowledge in the cryptocurrency space then I certainly don't want to start something like that because if you force it, it will feel very upsetting.
We can see a lot of cryptocurrency traders are out of work now because they definitely choose to trade crypto without any trading knowledge and experience, and what happens they always blame the market and that in my opinion is unethical.
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If we trade and without sufficient knowledge in the cryptocurrency space then I certainly don't want to start something like that because if you force it, it will feel very upsetting.
We can see a lot of cryptocurrency traders are out of work now because they definitely choose to trade crypto without any trading knowledge and experience, and what happens they always blame the market and that in my opinion is unethical.
They will blame market when they lost, you're right
Yeah, knowledge and experience is important for trader.
We can do trading well without experience and knowledge.
How to know about signal, learn the chart and habit of market If we didn't have experience and knowledge.
It seems impossible to know everything.
Trading is managing fund, It's also need knowledge.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
I don’t think so. It’s like can you drive without experience or knowledge? Of course not.
If you are a newbie or beginner, start with the basics first. At least having a basic experience is necessary. In my opinion, the only basic stuff that a newbie or beginner must do in crypto trading is how to deposit and withdraw, set buy and sell order (as well as TP/SL), limit/market order, etc.
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With out knowledge and Experience is like Jumping and drowning in the river without knowing how to swim.Trading is so risky without knowing Basic fundamental and technical Analysis.We should learn first and then take entry in this field.
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PlatinX is a new crypto coin. BitMart is a global cryptocurrency exchange platform that allows users in 180+ countries to buy and sell digital currencies and tokens. #PlatinX_crypto_on_Bitmart_now
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Cryptocurrency trading requires experience, knowledge and various supporting factors in order to make a profit, but sometimes the field is always different when you start trading.
For example, someone who is an expert in trading in cryptocurrencies, maybe 5 years of trading but when there is bad news and Bitcoin goes down, all altcoins also go down and the trader, even though he has 5 years of trading experience, his asset portfolio is still declining (sold at a loss).
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Cryptocurrency trading requires experience, knowledge and various supporting factors in order to make a profit, but sometimes the field is always different when you start trading.
For example, someone who is an expert in trading in cryptocurrencies, maybe 5 years of trading but when there is bad news and Bitcoin goes down, all altcoins also go down and the trader, even though he has 5 years of trading experience, his asset portfolio is still declining (sold at a loss).
Beside have good knowledge and experience, trader must have good management to manage emotions.
As you said, when the bitcoin goes down, we should keep calm and don't sell loss
Because crypto currency is unpredictable and high volatile.
Trading always needs experience, knowledge and good management emotion.
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Trading without huge experience is possible that's why there are specific bots for newcomers to use and make profits. You can use a common trading bot that will trade in your favor meanwhile you will learn more about trading.
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Trading without knowledge and experience, usually in the end they loss their coins or assets in the exchange platform.
Meaning as an individual traders here in the cryptocurrency it is needed to have a knowledge and experience for us to earn good in the future, just as simple as that. Now if your gonna try to use bot in the trading exchange it is still not accurate to say it is good.
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Trading without knowledge and experience, usually in the end they loss their coins or assets in the exchange platform.
Meaning as an individual traders here in the cryptocurrency it is needed to have a knowledge and experience for us to earn good in the future, just as simple as that. Now if your gonna try to use bot in the trading exchange it is still not accurate to say it is good.
That's true, It seems you throw away your coins.
Trading is always needing knowledge and experience.
Not easy become professional trader..It will take along years to learn and learn.
I did trading since 2018, And I feel, I'm not professional trader yet.
I still do mistake by and often loss.
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Anyone with or without experience can trade but the issue is what happens after the trading. That is why knowledge is needed even without experience to be able to know where to trade and where not to, benefits and risks.
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Experience they say is the best teacher, I say it clearly now that information is key, Have you seen dudes making massive profits daily with Liquidity aggregation? Yes, We all know prices of a token or coin differs on various exchanges, You can also make use of 'Fluid's liquidity aggregator providing AI quant-based models to tackle fragmented liquidity in virtual asset markets for a smarter trading technique and possibilities.
Information is key as you have rightly said. I understand that Computer algorithms allow customization of the price streams for multiple liquidity providers and the receiving counterparty, But I haven't found a way to monetize it, I think I would check out Fluids, I run a quick search on google now and it's looking interesting, Looking like Liquidity aggregation has been made juicy. I will definitely take a deeper look and learn how it works.
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You could also invest with emotions, if you want to lose money. You might don't have enough capital or knowledge but you could still do a research about projects-market trends etc. At 2021, gameFi was the most interesting investment option, I already made tons of profits. You could check upcoming gameFi's like BitBrawl, it's very potent.
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You can gain knowledge while trading and must not wait to gain the whole knowledge before venturing into trading.
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The basic rules of trading are not as hard to learn as you fear :) And I'm sure they are necessary to secure your funds.
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By trading without knowledge, you will take a big risk. Trading is difficult and not what you read in books. You must give importance to your learning so that you can make your moves in accordance with the market movements.
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According to me, without any information, we should not do any work not only trade. its not a good for us. and the trade is too risky anyway. Where, you can do a lot of damage.
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A lot of people trade without experience or knowledge, but they loose money too, I suppose before buying some coin, it is better to read at least something about it and look at well known crypto, like BTC or ETH, if you are new in trading
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I think trading without any knowledge of trading will be like committing suicide and of course it will make all your assets disappear instantly, so you have to be careful if you want to trade and as much as possible to learn how to trade properly and not to lose all your assets in a silly way.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
You know what, even you have zero knowledge in the crypto trading but you always do it in your daily life, through your experience in the actual trade you will surely learn from whether you win or loss, you will see the pros and cons in the end. In short, through experience your feeding yourself an idea and knowledge from it.
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I think trading without any knowledge of trading will be like committing suicide and of course it will make all your assets disappear instantly, so you have to be careful if you want to trade and as much as possible to learn how to trade properly and not to lose all your assets in a silly way.
Yeah, trading without knowledge will make our assets disappear.
We should have know ledge, good analysis and also experience in crypto trading.
Time will tell and will make us have skill.
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Oh yes. i tried it long term ago and it was a mess. i was trading on binance with little funds and i was dissappointed in my self. made little gains and loss everything the next day. it was something i couldn't understand but i am still learning and will likely put more effort to understand how it works. it is all about time and consistency. No rushing else you will make mistakes. one ting i believe about trading is that as long as you buy bitcoin and ethereum, there will be all time high and all time low.
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It’s better not to trade at all than to trade with no knowledge of what you are doing. You might have been impressed by how good other traders have been doing in the market but it has no relation with how you will do in the market. You better take only those risks that you can easily afford. Otherwise, stay away from the market and live a happy, relaxed life.
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It’s better not to trade at all than to trade with no knowledge of what you are doing. You might have been impressed by how good other traders have been doing in the market but it has no relation with how you will do in the market. You better take only those risks that you can easily afford. Otherwise, stay away from the market and live a happy, relaxed life.
That's right, because Crypto trading is not the same as trading in traditional markets, before entering we need to learn a lot of things. And if we just want to try it, we shouldn't do it, because later we will definitely regret it.
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When you have the knowledge to trade cryptocurrencies, you can easily gain experience and make the best of the market. But if you enter into trading without learning well, you will make losses that you won’t even be able to reverse.
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Trading without experience is not something that I see as a problem because no newbie would qualify for that. But yes, trading without knowledge is a big issue that causes real trouble in every trader’s trading career. Without knowledge, you will be a lost kid in the market who doesn’t know the way to home.
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Trading without experience is not something that I see as a problem because no newbie would qualify for that. But yes, trading without knowledge is a big issue that causes real trouble in every trader’s trading career. Without knowledge, you will be a lost kid in the market who doesn’t know the way to home.
We can get knowledge by learning in crypto trading.
That's a good way to get it.
I don't think about trading without experience and knowledge, because you will loss alot
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trading without experience may be only a matter of time, because when someone is started to trade, he willl not have any experience yet.
but, if you are trading without experience and knowledge, it is a mission of suicide, that is gambling with luck only, not trading..
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Success in trading is about being right with your predictions most times. But it needs proper knowledge to make the start. It will take time to obtain experience but starting without knowledge will definitely fail you in the long term.
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Princeton University professor Burton Malkiel claimed in his bestselling book, A Random Walk Down Wall Street, that “A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.”
“Malkiel was wrong,” stated Rob Arnott, CEO of Research Affiliates, while speaking at the IMN Global Indexing and ETFs conference earlier this month. “The monkeys have done a much better job than both the experts and the stock market.”
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It’s not that it is a necessity to trade only after learning. If we put it simply it’s just because you won’t be able to trade in the best manner if you don’t study. Experience can be gained over time and kept safe through your trading journal so that you know where to improve and how to keep going.
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Trading crypto without knowledge is directly proportional to loosing everything , if you dont know trading or you are new you trade and by the luck your first 2,3 trades going to profitable and you gain confidence and boom a false market move take you and go to against your trade and liquidate you .
So deer friends first understand the risk of trading and make risk management before going to trade .
learn from your mistakes .
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You can trade without experience and knowledge, if you want to lose. So, education is important to be profitable. The more you know about the market and the cryptos you're trading, the better your chances of success.
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Trading without knowledge and experience, usually in the end they loss their coins or assets in the exchange platform.
Meaning as an individual traders here in the cryptocurrency it is needed to have a knowledge and experience for us to earn good in the future, just as simple as that. Now if your gonna try to use bot in the trading exchange it is still not accurate to say it is good.
That's true, It seems you throw away your coins.
Trading is always needing knowledge and experience.
Not easy become professional trader..It will take along years to learn and learn.
I did trading since 2018, And I feel, I'm not professional trader yet.
I still do mistake by and often loss.
Actually, even the professional traders sir can do mistakes, they are not perfect. But they have the advantage compared to you and for me hehehehe, because I admit to myself that being here in the cryptocurrency I'm still in the stage of continous learning process. And doing trade is really not an easy like what others thinking it is simple, butthey are absolutely wrong on this matter.
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You can trade without experience and knowledge, if you want to lose. So, education is important to be profitable. The more you know about the market and the cryptos you're trading, the better your chances of success.
You are right, Knowledge is the the main key to success but in the crypto world you also need to be Lucky, because if you use your knowledge to trade and the market moves to the opposite side, then you would lose your money.
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Trading without experience or knowledge is a risky proposition and can lead to losses.
I would advise you to have at least basic knowledge of trading. Although I have a nice trade.
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Trading without experience or knowledge is a risky proposition and can lead to losses.
I would advise you to have at least basic knowledge of trading. Although I have a nice trade.
that's true If we do trading without experience and knowledge , I think We will lost alot.
Better do traidng in small funds, then learning about trading.
Time will tell how to learn about trading because not easy to have good knowledge and experience in trading, especially in crypto currency.
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Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.
But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.
In your opinion, can someone trading without experience or knowledge?
I think your luck is more important than knowledge or experience because if you are not lucky then your knowledge or experience is useless. But knowledge is the key to success in every field of life but in cryptocurrency world Luck is important than your knowledge
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Those who don't have expertise in trading can take advantage of Hype like memecoin and some metaverse projects, but all that is of course risky, some launchpads attract a lot of investors and this situation is almost like gambling, when the project doesn't go according to the roadmap and you buy tokens there, you just a waste of time, but when the tokens purchased are hype then in a matter of days you take profit up to 20x.
PS: I don't recommend investing when you don't have experience, because every loss you experience begins with a lack of experience in investing. read every whitepaper of a new project, because some projects can commit fraud by faking team members and others
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In your opinion, can someone trading without experience or knowledge?
In my opinion, no one should do trading without knowledge or experience. Also don't blindly trust different trading signals. Before trading, one must closely observe the market for a long time. In this way their knowledge will increase at one time. Then you can invest small amount first. This way your experience will increase.
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In your opinion, can someone trading without experience or knowledge?
In my opinion, no one should do trading without knowledge or experience. Also don't blindly trust different trading signals. Before trading, one must closely observe the market for a long time. In this way their knowledge will increase at one time. Then you can invest small amount first. This way your experience will increase.
Yeah , we should bdo research have obeserve before trading.
As we know trading is how to manage our fund in short and medium term.
So, knowledge and experience is the basic factor must be had by a professional trader
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Professional training is not necessary but you must have at least much learning that by using such knowledge you can gain profit and if needed then you cam recover your previous losses. It can also be possible if a person enter to the trading market with just a little amount of revenue for just cause of efforts and he can check out the youtube videos which helps in learning of each and everything about it.
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In order to be profitable you always have to know what you are doing, so training is necessary.
What I would recommend is to get trained in algorithmic trading and automate your strategies by using bots.
I personally use 3commas because of the great active community it currently has, but if you have any questions regarding other platforms, I'm here to help.
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If you are trading with more experience and knowledge, it can lead you to unprofitable trades, never rush into trading.
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Trading without basic knowledge of how and why the market moves is perilous but not impossible. It is akin to gambling to some degree and failure is a great teacher. The most confusing aspect for new players is the volume of supposedly 'expert advice & opinion' that hits the forums and chatrooms daily, taking any of this as gospel is a sure fire way to wipe your stake out in quick time. Learning to trust your instincts and being able to stomach your early losses is the only way to succeed as a novice.
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If you have no idea how the cryptocurrency market works and you do not know which project is worth investing in, take your time and study everything that would not lose money.
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If you are trading with more experience and knowledge, it can lead you to unprofitable trades, never rush into trading.
I don't know what you're talking about. It is confusing! ::)
If you are trading with sufficient knowledge and experience, you should have a bigger chance to earn profits, right?
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It's not as scary as you probably thought, now trading is gaining easier than it was. Platforms for this make the trading work easier for you.
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It's not as scary as you probably thought, now trading is gaining easier than it was. Platforms for this make the trading work easier for you.
if a person wants to buy cryptocurrency without using registration on the exchange, then you can use it with a bot instead. For example, Bittix is a wallet where anyone can buy, sell cryptocurrencies, pay for goods and earn interest on deposits.
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It's not as scary as you probably thought, now trading is gaining easier than it was. Platforms for this make the trading work easier for you.
if a person does not know how to trade, then you can learn instead of with a trading bot. For example, Bittix is a platform with trading bots where anyone can log in and start trading using algorithmic trading systems.
the capabilities of this bot are really very good. you will always have cryptocurrency rates at hand and calmly buy cryptocurrency, as well as transfer funds to anywhere in the world. but it will be very profitable for trading to create your own personal bot using the ETS platform
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They can, but they'll likely end up blowing their account because beginners don't know about risk management.
The more that happens though, the quicker they'll learn and they'll develop as a trader through that experience.
I think beginners should jump right in, but only using very small amounts they can afford to lose. That's the quickest way to learn anything.. via your mistakes.