Trading without experience and knowledge

[alltalk]

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.

[lepbagong]

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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.

[LUCKMCFLY]

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.

[BobK71]

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

[Istiak]

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.

[Zezari]

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.

[lepbagong]

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.

[Honor20]

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

[labonikhatun]

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.

[Cloud_Crypto]

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.

[trofim21]

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

[Callisto]

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.

[Rokon5]

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.

[Alter]

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.

[xeroz]

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.