Trading without experience and knowledge

[ayatoslaw]

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))

[aarif123]

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.

[Nostoman]

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.

[Mas Bro]

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.

[atjiat]

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.

[ayatoslaw]

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.

[youdacapt]

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.

[pokxon]

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!

[ayatoslaw]

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.

[raisajahan]

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.

[Kitaiev]

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

[emmybd]

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.

[Gurujebs]

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.

[ayatoslaw]

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))

[Millionaire]

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