Every Trader Should Learn about Market

[mahid]

Every trader needs to have a good idea about the market. I have seen many people buy coins in bull run sessions ‍at very high prices without realizing market condition. They think that if they invest there, their investment will come easily and there will be profited as well. I think this is completely wrong decision. If you invest in all these places, the chances of loss are much higher.

[Seerge]

Knowing the conditions of the Cryptocurrency market is really needed by a Cryptocurrency trader to get big profits, but it will be difficult for us to study market conditions if we have never traded at all.  Because experience in Cryptocurrency trading is very much needed, it is better if every day we enter the Crypto market.  It will also help us to study general cryptocurrency market conditions.

[Rafiq]

You can't do business if you have money. In order to do crypto or any business, first of all you have to know and understand that business. The business of cryptocurrency is more sensitive. So if you want to trade here you need to know about the project in which you will invest, their future plans, project team and overall crypto market dynamics, otherwise you may lose your capital.

[nicecrypto]

Every trader needs to have a good idea about the market. I have seen many people buy coins in bull run sessions ‍at very high prices without realizing market condition. They think that if they invest there, their investment will come easily and there will be profited as well. I think this is completely wrong decision. If you invest in all these places, the chances of loss are much higher.

True, I believe some investors are always moved by what they see in front of them and not out of what they have checked or researched about the market or the coin/token hence you see investors investing in projects when the market is already high just cos they saw the price going up and not knowing that it might have already reached its peak. Knowing when to invest in the market is highly important in trading.

[Freemind]

True, I believe some investors are always moved by what they see in front of them and not out of what they have checked or researched about the market or the coin/token hence you see investors investing in projects when the market is already high just cos they saw the price going up and not knowing that it might have already reached its peak. Knowing when to invest in the market is highly important in trading.

You are right, that is precisely what drives most traders to bankruptcy, they get carried away by external impulses and emotions that will hardly ever benefit them financially or mentally. Things like this happen very often, many more times than we think, the last case for example has been with Elon Musk's tweets about Doge. The luck of these people is that Doge stays close to its ATH.

[pieppiep]

I prefer to be silent and not provide information on how to do good and correct trading in the area of neighbors or friends because it will only make me tired of teaching them how, it's better to let them know that we are trading in cryptocurrency and let them looking for information on their own about how to trade properly and correctly.

[xeroz]

It is very important for a trader to learn and understand the market. Because this will be the main point when you trade. If you do not understand the market, you will be confused and swayed by yourself. Learn to analyze it and don't get bored easily to do it so you get used to it. The ability to understand the market will have an impact on the profits and losses that you will get later.

[hair]

It is very important for a trader to learn and understand the market. Because this will be the main point when you trade. If you do not understand the market, you will be confused and swayed by yourself. Learn to analyze it and don't get bored easily to do it so you get used to it. The ability to understand the market will have an impact on the profits and losses that you will get later.

Indeed, understanding the market is the basis for us to take steps when trading. honestly I have no knowledge of it. any tips?

[dekafee79]

Always remember trading is not a one-day game, it requires time and patience to master. If you are in doubt try your setup on demo accounts or use very small funds for trading for learning purpose. We will continue to bring such educational stuff for you, share it with your friends and family and earn together.

Of course, every trader must learn the market, How you can to be good trader if you didn't learn the market.
See the chart and the character of the coin and always follow their news

[EthereumDev_]

my family or friends prefer to remain silent without talking about anything about cryptocurrency, they probably won't be curious because I work in the real world too so maybe they won't understand about cryptocurrency and when they ask me about cryptocurrency then I'd rather look stupid than throw it away time just to give them information about cryptocurrency.

[nakmantu99]

Always remember trading is not a one-day game, it requires time and patience to master. If you are in doubt try your setup on demo accounts or use very small funds for trading for learning purpose. We will continue to bring such educational stuff for you, share it with your friends and family and earn together.

If we don't learn about market how could we do trading mate.
thats bet, If you just buy , never learn the market, chart character and also event that will happen. That's really funny.

[satpol_PP]

As trader we must learn about market and character of the coins that we buy.
Sometimes we will face red market, but keep hold of you bought at high.
Trading needs focus and always see the progress of market.

[Gvent]

As trader we must learn about market and character of the coins that we buy.
Sometimes we will face red market, but keep hold of you bought at high.
Trading needs focus and always see the progress of market.

Trading is a very difficult thing and only in practice it is possible to achieve good results. An experienced trader is a knowledgeable trader. He knows the processes that take place in the cryptocurrency market and is able to adapt to them very quickly, even despite the high volatility of the cryptocurrency market.

[UNIVERSE]

I think that it may not be easy to share with other people moreover if we still don't know exactly how to trade orofesionally. Because, trading is very risky, it is not only about earning profits but also the possibilities of losing money.

[dekafee79]

I think that it may not be easy to share with other people moreover if we still don't know exactly how to trade orofesionally. Because, trading is very risky, it is not only about earning profits but also the possibilities of losing money.

Agree, Trading is not only about earning profit but how to keep your money form the possibilities of losing money.
We must learn about market and coins.
trading needs experience and knowledge.