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Author Topic: Are you new? So stay away from trading.  (Read 3594 times)

Offline taufik123

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Re: Are you new? So stay away from trading.
« Reply #75 on: February 15, 2024, 11:52:40 PM »
-snip-
Again, the ability to analyze the market is not usually present in the case of new traders, in this case they are also at risk of loss.
Very risky, beginners who do not understand how trading works only end up with losses.
As beginners need to be aware that they must learn the ability to analyze the market fundamentally because it is important.

There are many beginners who ultimately understand how this trading system works, thus reducing the loss rate for beginners.
I have also been a beginner and do not understand trading analysis, but now although not a professional but at least very understand and understand how technical trading analysis works.

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Re: Are you new? So stay away from trading.
« Reply #75 on: February 15, 2024, 11:52:40 PM »

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Offline Mr. Allcrypto

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Re: Are you new? So stay away from trading.
« Reply #76 on: March 11, 2024, 10:00:14 PM »
In trading, you have to pay your full attention and be committed with it, and also you should do your research before you begin, there are also demo accounts that you can start with so that you don't loss your money. The demo accounts will help you alot in practicing how to trade...

Offline debra

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Re: Are you new? So stay away from trading.
« Reply #77 on: March 11, 2024, 11:59:23 PM »
Very risky, beginners who do not understand how trading works only end up with losses.
As beginners need to be aware that they must learn the ability to analyze the market fundamentally because it is important.
Indeed. It will be too risky for the beginners for trading with a lack of knowledge. Trading isn't an easy matter, it requires sufficient knowledge. The beginners who don't understand how to trade properly yet, they only waste their money into crypto coins. I agree that the beginners must have the basic ability and skills first before they begin trading. It is a big mistake if the beginners start trading with no proper knowledge, ability, or skills.

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Offline elbans89

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Re: Are you new? So stay away from trading.
« Reply #78 on: March 12, 2024, 07:34:54 AM »
Very risky, beginners who do not understand how trading works only end up with losses.
As beginners need to be aware that they must learn the ability to analyze the market fundamentally because it is important.
Indeed. It will be too risky for the beginners for trading with a lack of knowledge. Trading isn't an easy matter, it requires sufficient knowledge. The beginners who don't understand how to trade properly yet, they only waste their money into crypto coins. I agree that the beginners must have the basic ability and skills first before they begin trading. It is a big mistake if the beginners start trading with no proper knowledge, ability, or skills.

It is recommended for beginners to become a holder first, it is safer. after becoming a holder and starting to get to know the world of crypto and the character of coins, start learning to become a trader, it is not easy to become a trader because it takes time, experience and knowledge there.
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Online DabsPoorVersion

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Re: Are you new? So stay away from trading.
« Reply #79 on: March 12, 2024, 01:54:31 PM »
Very risky, beginners who do not understand how trading works only end up with losses.
As beginners need to be aware that they must learn the ability to analyze the market fundamentally because it is important.
Indeed. It will be too risky for the beginners for trading with a lack of knowledge. Trading isn't an easy matter, it requires sufficient knowledge. The beginners who don't understand how to trade properly yet, they only waste their money into crypto coins. I agree that the beginners must have the basic ability and skills first before they begin trading. It is a big mistake if the beginners start trading with no proper knowledge, ability, or skills.

It is recommended for beginners to become a holder first, it is safer. after becoming a holder and starting to get to know the world of crypto and the character of coins, start learning to become a trader, it is not easy to become a trader because it takes time, experience and knowledge there.
Entering trading also requires a newbie to be dedicated to the goal of learning to trade. Sometimes, newbies are only focused more on earning and try to learn the basics of trading, but the thing is, they don't completely understand what they are doing. They just simply understand it by buying low and selling high which does not identify all the needed information of trading.
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Online Dr.Bitcoin_Strange

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Re: Are you new? So stay away from trading.
« Reply #80 on: March 12, 2024, 10:00:07 PM »
Entering trading also requires a newbie to be dedicated to the goal of learning to trade. Sometimes, newbies are only focused more on earning and try to learn the basics of trading, but the thing is, they don't completely understand what they are doing. They just simply understand it by buying low and selling high which does not identify all the needed information of trading.

Exactly, some newbies to trading even handle trading like it is gambling and that is because they purely don't know what they are doing. Some newbies too usually get some misconception about trading even before they start learning how to trade, they will think that trading is same thing like gambling and when they start trading, you will see them making some hard decision that can just make them lose money easily and before your know it, they have abandoned the dream of learning how to trade.

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Re: Are you new? So stay away from trading.
« Reply #81 on: March 13, 2024, 12:11:13 PM »
Entering trading also requires a newbie to be dedicated to the goal of learning to trade. Sometimes, newbies are only focused more on earning and try to learn the basics of trading, but the thing is, they don't completely understand what they are doing. They just simply understand it by buying low and selling high which does not identify all the needed information of trading.

Exactly, some newbies to trading even handle trading like it is gambling and that is because they purely don't know what they are doing. Some newbies too usually get some misconception about trading even before they start learning how to trade, they will think that trading is same thing like gambling and when they start trading, you will see them making some hard decision that can just make them lose money easily and before your know it, they have abandoned the dream of learning how to trade.
That's more reason why we often see newbies quitting even if they just started to do their trading journey. I can sometimes see them posting in social media groups about their losses like they are proud of losing money. They even ask for some advice from people who know how to do trading, which is already too late as they already lost their money. They take their losses as their learning experience which is not appropriate as they don't really learn anything, they only lost the money without gaining anything.
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Re: Are you new? So stay away from trading.
« Reply #81 on: March 13, 2024, 12:11:13 PM »


Offline UNIVERSE

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Re: Are you new? So stay away from trading.
« Reply #82 on: March 13, 2024, 11:41:37 PM »
Entering trading also requires a newbie to be dedicated to the goal of learning to trade. Sometimes, newbies are only focused more on earning and try to learn the basics of trading, but the thing is, they don't completely understand what they are doing. They just simply understand it by buying low and selling high which does not identify all the needed information of trading.

Exactly, some newbies to trading even handle trading like it is gambling and that is because they purely don't know what they are doing. Some newbies too usually get some misconception about trading even before they start learning how to trade, they will think that trading is same thing like gambling and when they start trading, you will see them making some hard decision that can just make them lose money easily and before your know it, they have abandoned the dream of learning how to trade.
That's more reason why we often see newbies quitting even if they just started to do their trading journey. I can sometimes see them posting in social media groups about their losses like they are proud of losing money. They even ask for some advice from people who know how to do trading, which is already too late as they already lost their money. They take their losses as their learning experience which is not appropriate as they don't really learn anything, they only lost the money without gaining anything.
Truly, many newbies don't start any trading with enough knowledge. They even don't care trying to analyze, just to learn a little about crypto and trading as basic knowledge, sometimes they are lazy. Not to belittle them, but most of them are like that. In fact, when most of my colleagues ask about crypto trading, they always immediately want to create an account on an exchange and immediately want to buy. even though they don't understand crypto yet. What's worse, they still don't even understand the difference between Bitcoin and altcoins. What they know is that they got information from various media regarding some coins that are very viral and they want them. Never mind providing an explanation or understanding so that they can learn, when we forbid them not to just get into the coin hype, they won't believe us, because they are sure they will be as successful as is reported in the media. Sh*t....

This is why many newbies fail. Because their focus is only on money, without wanting to try first so that they are really ready to trade. Because trading is difficult and too risky. In fact, what you say is true, they actually act like gambling if they do that.

Offline 36B

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Re: Are you new? So stay away from trading.
« Reply #83 on: March 14, 2024, 06:16:02 AM »
It is true that there are some new traders who are lazy about learning something new about cryptocurrency, but if there is still no effort to get to know cryptocurrency, then he is one of those people who doesn't want to be rich, because I'm sure those who want to learn something new will get it. the opportunity to have a lot of money someday.

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Re: Are you new? So stay away from trading.
« Reply #84 on: March 14, 2024, 09:14:53 AM »
Truly, many newbies don't start any trading with enough knowledge. They even don't care trying to analyze, just to learn a little about crypto and trading as basic knowledge, sometimes they are lazy. Not to belittle them, but most of them are like that. In fact, when most of my colleagues ask about crypto trading, they always immediately want to create an account on an exchange and immediately want to buy. even though they don't understand crypto yet. What's worse, they still don't even understand the difference between Bitcoin and altcoins. What they know is that they got information from various media regarding some coins that are very viral and they want them. Never mind providing an explanation or understanding so that they can learn, when we forbid them not to just get into the coin hype, they won't believe us, because they are sure they will be as successful as is reported in the media. Sh*t....

This is why many newbies fail. Because their focus is only on money, without wanting to try first so that they are really ready to trade. Because trading is difficult and too risky. In fact, what you say is true, they actually act like gambling if they do that.
You're lucky that your colleagues are even asking you how they can start trading. Some people I know are even willing to send me money that I can use to trade for them. That's ridiculous compared to your situation. It's the same as making myself responsible for whatever happens with their money without any understanding that trading is not easy.

It is true that there are some new traders who are lazy about learning something new about cryptocurrency, but if there is still no effort to get to know cryptocurrency, then he is one of those people who doesn't want to be rich, because I'm sure those who want to learn something new will get it. the opportunity to have a lot of money someday.
More like that person is looking for something that he can use to have a quick earning. Which is impossible to do with trading if you don't have enough knowledge. There are indeed some people who got lucky with their trades and able to make money with their first trade, however, this doesn't mean they can do it continuously and make decent money.
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Online Thyplaymaker

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Re: Are you new? So stay away from trading.
« Reply #85 on: March 16, 2024, 02:17:40 PM »
Well trading is not something you can engage with , without any proper knowledge or skills. For someone who's interested in trading to become successful with it, he or she must take their  time to learn more about trading first, which truly is not an Easy task , takes time and when you learning surely you will surely experience alot of losses that's normal , but as time goes on  with consistency and determination, in learning more about trading. One can become successful in it. But one thing you should be aware of is that trading , can be really messy sometimes that why you have to learn how to manage your emotions too .
More like that person is looking for something that he can use to have a quick earning. Which is impossible to do with trading if you don't have enough knowledge. There are indeed some people who got lucky with their trades and able to make money with their first trade, however, this doesn't mean they can do it continuously and make decent money.
you're right and I normally call it beginners luck, during my first trade i made some good profit and I was like , so this is how the so call trading is. I thought was an easy task but damn as time goes on , i know that trading is not an easy one after seeing torns of losses, Most was due to poor emotions management .
« Last Edit: March 16, 2024, 02:24:40 PM by Thyplaymaker »

Offline elbans89

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Re: Are you new? So stay away from trading.
« Reply #86 on: March 18, 2024, 02:42:26 PM »
It is true that there are some new traders who are lazy about learning something new about cryptocurrency, but if there is still no effort to get to know cryptocurrency, then he is one of those people who doesn't want to be rich, because I'm sure those who want to learn something new will get it. the opportunity to have a lot of money someday.

We are all still learning in the world of crypto, so let those who have just entered learn and get to know a lot about crypto in order to gain experience, knowledge and skills, including in the world of trading. It is not easy to make market analyzes and price predictions. So learning is something that is very important in our life.
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Offline EthereumDev_

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Re: Are you new? So stay away from trading.
« Reply #87 on: March 18, 2024, 10:36:45 PM »
We are all still learning in the world of crypto, so let those who have just entered learn and get to know a lot about crypto in order to gain experience, knowledge and skills, including in the world of trading. It is not easy to make market analyzes and price predictions. So learning is something that is very important in our life.
It seems like what you have mentioned is that people have to keep trying something new until they finally understand how to trade well, if they don't want to learn that then wealth will be very difficult to achieve. So far, daring to take risks and maintaining patience will give very good results.

Offline taufik123

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Re: Are you new? So stay away from trading.
« Reply #88 on: March 19, 2024, 06:02:07 PM »
It is recommended for beginners to become a holder first, it is safer. after becoming a holder and starting to get to know the world of crypto and the character of coins, start learning to become a trader, it is not easy to become a trader because it takes time, experience and knowledge there.
Actually being a holder is also not easy, it requires good emotional control.
If it's just being a holder without knowing when to take profits, it will only be an investment that has no purpose.

The two should go together, should be studied in as much detail as possible.
Experience will teach you a good lesson, so don't be afraid to try to hold and trade with little money.

Offline elbans89

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Re: Are you new? So stay away from trading.
« Reply #89 on: March 20, 2024, 03:11:43 PM »
It is recommended for beginners to become a holder first, it is safer. after becoming a holder and starting to get to know the world of crypto and the character of coins, start learning to become a trader, it is not easy to become a trader because it takes time, experience and knowledge there.
Actually being a holder is also not easy, it requires good emotional control.
If it's just being a holder without knowing when to take profits, it will only be an investment that has no purpose.

The two should go together, should be studied in as much detail as possible.
Experience will teach you a good lesson, so don't be afraid to try to hold and trade with little money.

You are right, we have to learn both as traders and holders. but as I said before, beginners should focus on the holder first and start learning trading. Because trading requires experience and analysis that must be close to accurate and able to manage emotions
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