Are you new? So stay away from trading.

[vs2014]

If you take trading for granted you will lose a lot of money because it is not as easy as investing or gambling. Becoming a smart trader takes a lot of practice and can take years. Your feedback will be important to new crypto users.

[Tribalchief]

If you take trading for granted you will lose a lot of money because it is not as easy as investing or gambling. Becoming a smart trader takes a lot of practice and can take years. Your feedback will be important to new crypto users.

When it comes to trading, gathering the necessary information matters. Not just gathering, but also putting those information to use. I am not quite sure if trading is for everyone, you have to be mentally and emotionally strong inorder to keep pushing and trying out new approach. Sadly, some people give up after making losses at the start of their trading journey. The ability to remain focus, gather information and experience, and also stay emotionally fit helps alot.

[silkytakyaan86]

I am not new to this thread. But I am new in trading. Whenever I tried to start, I faced losses. That's why I am thinking that I should first get complete information about it and only then start it.

[defy]

at the start i faced losses too. because crypto trading is very accessible alot of people think they can do it but there is so much to learn.

reading charts and the various signals and getting the timing as close as possible, being aware of the different fees and how to cover costs etc. is important

Rhen there is also the mental side of things and how to be patient and not be led by emotions - thats difficult to master i think.

[alltalk]

Trading isn't a bad job, I think we don't need to avoid it. We can start trading although we're a new one. But make sure we have sufficient knowledge and start trading with small funds. If we don't try trading, how we know if we have the ability in trading or not. I think every one has the right to try trading but it must be in the right way. I also ever experienced it, I start trading when I was still new one in crypto industry. But it was quite successful because I learned first and I choose top coins only.

[Sim_card]

If you take trading for granted you will lose a lot of money because it is not as easy as investing or gambling.Becoming a smart trader takes a lot of practice and can take years. Your feedback will be important to new crypto users.

Trading is very complex and can't be learnt withing a short period of time, because it is very skillful. Trading is like gambling, this is because nobody can predict the market movement correctly and most times traders makes wrong decision that makes them to run at loss. Only 10% of traders make profit, which means 90% are only claiming to be traders when they don't understand the market. This is similar to gamble, you can only predict the games or try your best but you will never win when it is not your lucky game, because gamble is based more on luck than skill. I see traders as gamblers because they will either lose or gain. It is only investing that don't need any skill, all you need is the basic knowledge on how to buy your coins and send to your wallet. Someone that is used to saving money as a teenager will be able to invest and hodli, as long as you are investing on a long term investment. You cannot lose when you are on a long term investment but you can run at loss in trading and gambling.

[Hatchy]

I believe the best advice isn't to avoid trading altogether but to hold onto your assets. If you're new and just getting the hang of Bitcoin basics, it's wise to focus on HODLING for now. If you decide to dip into trading, make sure you understand all the risks involved. Trading can be similar to gambling, and even riskier. Experienced traders often admit to facing losses, and if you're considering trading, approach it with practice and experience. As a newcomer, it's advisable to focus on accumulating for now and steer clear of diving into trading.

[ajiz138]

If you take trading for granted you will lose a lot of money because it is not as easy as investing or gambling. Becoming a smart trader takes a lot of practice and can take years. Your feedback will be important to new crypto users.

Trading is not a bad thing if you have skills in this field why should you avoid it? I'm sure there are many who have become pro traders and they have relied on this for their needs to make a profit. On the other hand, they also learn from the start, not just become experts straight away, so experiencing losses at the start is very normal, but as you continue to learn what is needed you might be able to do it.

If you don't want to bother then just invest, this is quite simple because you only need patience for a long time to hold the coins, and that's not all the fundamentals are needed in investing.

[gulu_khan]

Trading is challenging; treating it lightly can lead to significant losses. It's not as simple as investing or gambling. Becoming a smart trader requires practice and time. Valuable advice for new crypto users: approach trading with patience and a commitment to learning.

[Ambatman]

I am not new to this thread. But I am new in trading. Whenever I tried to start, I faced losses. That's why I am thinking that I should first get complete information about it and only then start it.

I second @Hatchy advice. Trading are for people made of iron, don't mind my language. I know knowledge and skill is important, but the best is mindset. No matter are knowledgeable or skilled you are if you not strong willed or calm minded you would loss all your accumulated profits.
I prefer holding coins with good potential. This can be found out by their utility, market cap, total supply, #DevelopmentTeam s as well as the community etc.
Never sell in loss except when the dip is something that affects the fundamentals of the token.
Panic selling is common in newbies, Even in experienced trader. That's why its advice trade what you are ready to loss to reduce emotional attachments.

Some people here mentioned losses. This is widely common with individuals using future. Don't future trade if you not skilled or experienced even if you are never use your full capital.
Spot is relatively better. There's nothing like liquidation.
In summary trade with caution. Even in Holding
Don't be too greedy and never be a Nocoiner. Take some profit continuously as the price increases and leave the remainder with a stop loss at the price you entered the market.

[Aanuoluwatofunmi]

If you take trading for granted you will lose a lot of money because it is not as easy as investing or gambling. Becoming a smart trader takes a lot of practice and can take years. Your feedback will be important to new crypto users.

Let's not scare the newbies away with the harshness of our words in letting them realize the needful, everything we do has it's own risk, trading is still far more better than gambling, we are not loosing completely in trading, we have more likely potential to earn the more and more again with our trading tactics used, but we shouldn't engage in trading if we are not ready for if, lack of knowledge on how to trade will amount to taking high risk with trades.

[Thyplaymaker]

At first trading is not something you dive in without having any idea about it. Because the Idea that is most common among newbie in trading is that is all about buying at low price and sell at higher price, most even go further having the mindset that trading is get rich quick scheme.
Which bad because you experiencing losses will that mindset will may lead to you losing your funds and given up in trading. So as a newbie is always good to be cautious of the way you trade take your time and make proper research and intime you will understand that trading is not something that you can just learn just like that aslong you trading you are always learning either newbie or prefessionals because no one can predict or control the market but your experiences mainly base on how you manage those risks.

[DabsPoorVersion]

At first trading is not something you dive in without having any idea about it. Because the Idea that is most common among newbie in trading is that is all about buying at low price and sell at higher price, most even go further having the mindset that trading is get rich quick scheme.
Which bad because you experiencing losses will that mindset will may lead to you losing your funds and given up in trading. So as a newbie is always good to be cautious of the way you trade take your time and make proper research and intime you will understand that trading is not something that you can just learn just like that aslong you trading you are always learning either newbie or prefessionals because no one can predict or control the market but your experiences mainly base on how you manage those risks.

Indeed, newbies often think that it is all about buying low and selling high, nothing more and nothing less. Beginners in trading often make mistakes because they see other people on social media platforms boasting about their profits from a particular coin and urging others to invest before it rises or offering to teach them how to trade. However, trading requires a lot of time to gain knowledge and experience to become more familiar with the market. There are many things to consider, which they do not take into account as they only want to make a profit as quickly as possible.

[Dr.Bitcoin_Strange]

If you take trading for granted you will lose a lot of money because it is not as easy as investing or gambling. Becoming a smart trader takes a lot of practice and can take years. Your feedback will be important to new crypto users.

You are right mate, trading is not a very simple kind of investment where you just have to put in your money and site back for profit. The ability to making profit from trading depends on how skilled, experienced, consistent and patient a trader is. Some people thinks that trading is an easy pizzy thing but they got disappointed after losing the money they invested into their first journey to trading.

For a new trader, I will advice them not to depend on some fake video tutorials on the internet instead, it's better to depend on your self, learn and build a better trading strategy for yourself.

[salad daging]

If you take trading for granted you will lose a lot of money because it is not as easy as investing or gambling. Becoming a smart trader takes a lot of practice and can take years. Your feedback will be important to new crypto users.

Who takes trading lightly? When they come for the first time as beginners, what they have to do is learn, they can try a demo account first, then once they are ready, they can use real money, but it depends on your skills in analyzing the market at any time.

I think this is not something to be afraid of in the title you should avoid it, but give tips on how to trade with good management then manage risk, set what percentage of profit, never be greedy, fundamentals must be strong and much more.

It's not easy to become a professional trader, but at least with what you have done in trading and you have made a profit, that is more than enough, just improving your skills.