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Author Topic: Trading without experience and knowledge  (Read 36905 times)

Offline Cutter Cute

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Re: Trading without experience and knowledge
« Reply #315 on: October 09, 2022, 04:10:25 AM »
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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Re: Trading without experience and knowledge
« Reply #315 on: October 09, 2022, 04:10:25 AM »

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Offline Cadaver20

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Re: Trading without experience and knowledge
« Reply #316 on: October 09, 2022, 06:29:15 PM »
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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Offline nakmantu99

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Re: Trading without experience and knowledge
« Reply #317 on: October 14, 2022, 08:51:14 PM »
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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Offline shuvenker999

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Re: Trading without experience and knowledge
« Reply #318 on: October 16, 2022, 08:12:13 AM »
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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Offline 3Commas

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Re: Trading without experience and knowledge
« Reply #319 on: November 28, 2022, 06:12:46 PM »
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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Re: Trading without experience and knowledge
« Reply #320 on: February 01, 2023, 01:47:48 PM »
If you are trading with more experience and knowledge, it can lead you to unprofitable trades, never rush into trading.

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Re: Trading without experience and knowledge
« Reply #321 on: February 03, 2023, 02:56:38 AM »
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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Re: Trading without experience and knowledge
« Reply #321 on: February 03, 2023, 02:56:38 AM »


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Re: Trading without experience and knowledge
« Reply #322 on: February 05, 2023, 01:34:50 PM »
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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Re: Trading without experience and knowledge
« Reply #323 on: February 07, 2023, 06:54:58 AM »
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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Offline Tolyk

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Re: Trading without experience and knowledge
« Reply #324 on: February 12, 2023, 01:46:42 PM »
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.

Offline hovrah

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Re: Trading without experience and knowledge
« Reply #325 on: February 15, 2023, 08:49:18 AM »
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.
« Last Edit: February 16, 2023, 02:53:18 PM by hovrah »

Offline Condorlaib

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Re: Trading without experience and knowledge
« Reply #326 on: February 16, 2023, 12:37:05 PM »
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
« Last Edit: February 18, 2023, 06:18:20 PM by Condorlaib »

Offline JeremyW999

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Re: Trading without experience and knowledge
« Reply #327 on: March 10, 2023, 06:39:28 AM »
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.

 

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