Are you new? So stay away from trading.

[Asiska02]

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 mean new crypto users who are new to the crypto trading space right? Everything still falls to having that first enlightenment about something, the do’s and don’ts that will further assist and shape your journey in the crypto world. Trading within the basic knowledge of it will only lead to a big catastrophe, losing your money in the blink of an eye. Trading requires constant practice to grow and become better and get to a certain level of perfection to call yourself a profitable trader.

Education is the key here in crypto, if you are a beginning, I will tell that the first thing that you should learn is where to put your crypto. So you have to choose a wallet that you have control of. Same with trading, there are a lot of intricacies early on but you should focus on the basics first before diving on more complicated way to trade.

You can’t want to build a house, without laying a good block foundation to uphold the house well. So in trading, newbie traders also need to learn what trading entails and how it can be of help and also be a disaster to them if they don’t follow it the right way. There’s  always a beginners luck in trading, when you experience that, don’t risk much and be more confident that you’re good to go. Trading involves losses and if you have to become successful, you have to learn more through your losses than through your wins.

[Stuart]

Trading is very much profiting, but it needs time to read, learn, and practice. In trading there are lots of things that as a new trader, you must be aware of, some of which includes; understanding how to read market candles, analyze the market, knowing how to follow-up trends, when to enter and exit trades, how to protect your profit and manage your loses etc. These are the ones that relates to reading and personal research, through books online articles etc.

When it comes to you as a person, there comes in Discipline Yes. It could sound as simple and easy as it could be, but very important as a trader. In the market, that's where greed will come in, and this causes serious disaster when it is not controlled. Having a set price target to take out from the market and maintaining that price, will save a lot of horrors.

As the market is filled with lots of profits, so are there loses, when proper caution is not taken. As one can make up to $1,000 in a single trade, so can all capital be forfeited. Profits are attainable in the market, so should you also prepare for loses. I guess that's what makes the balance.

[Mia Chloe]

Trading is very much profiting, but it needs time to read, learn, and practice. In trading there are lots of things that as a new trader, you must be aware of, some of which includes; understanding how to read market candles, analyze the market, knowing how to follow-up trends, when to enter and exit trades, how to protect your profit and manage your loses etc. These are the ones that relates to reading and personal research, through books online articles etc.

Trading is very profitable and at the same time it can be very frustrating especially at the very beginning. Trading requires a ton of experience for you to be able to fully master market dynamics and your personal trading strategy. The problem is many persons are not patient enough to gain experience solid enough to gain a higher winning stance.

Most times after reading a lot of text and test running different strategies on probably a demo they rush into live trading with the mindset that they are grounded enough however in the end the bag more losses than winning. Sometimes strategies can fail but that doesn't mean trading is not profitable.

[lepbagong]

Trading is very much profiting, but it needs time to read, learn, and practice. In trading there are lots of things that as a new trader, you must be aware of, some of which includes; understanding how to read market candles, analyze the market, knowing how to follow-up trends, when to enter and exit trades, how to protect your profit and manage your loses etc. These are the ones that relates to reading and personal research, through books online articles etc.

Trading is very profitable and at the same time it can be very frustrating especially at the very beginning. Trading requires a ton of experience for you to be able to fully master market dynamics and your personal trading strategy. The problem is many persons are not patient enough to gain experience solid enough to gain a higher winning stance.

Most times after reading a lot of text and test running different strategies on probably a demo they rush into live trading with the mindset that they are grounded enough however in the end the bag more losses than winning. Sometimes strategies can fail but that doesn't mean trading is not profitable.

all trading aims to make a profit and do not want to accept the losses that occur but in practice anything can happen if you anticipate wrong what has been done. so it is true what you say that in the end experience is inevitable for everything we will do, including trading. can be from reading and getting the right information or directly practicing with the smallest nominal that can be done so that you are able to identify weaknesses that may occur.

[Stuart]

Imo newbie should not stay away from trading, because they will never ever learn how to trade then. Impossible to learn without trying. And people are learning duribg their whole life, which means they are always newbies, just some of them are a bit more experienced. What good advice would be, is to not trying to learn to trade with large deposits from very start. This is the moment when amount of deposit does not matter. It is better to get bad experience of loss trades with low balance, then get disappointed from very beginning. And any experience is always better than no experience at all.

I agree with you, any experience is always better than no experience at all. Cause no experience keeps you on same spot in same industry/community.

Not starting at all is a set back of knowing anything related to it. I don't aline with the idea of staying away from crypto trading, as there will be no way one can have ideas or knowledge about the market without going into the market. Staring with spot trading is a way of trading, which is mostly used by long term holders. Whether long or short, that's a form of trading.

To get used to other features of crypto trading exchanges, one can start practicing with demo account, and when funding the real trading account, it is advisable to start with little capital in which when losses comes, you can be able to manage the losses, both financially and emotionally.

As experienced traders are in the market, they make lots of profits, that's true, yet they face losses, which is a normal thing in the market. This also applies in the real world, where one can buy any goods at a high rate with the aim to resale at a considerable price so as to attain profit and the price drops, he/she faces losses, it doesn't matter if they've been in the real world form of trading/business for years or not.

[Chilwell]

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 for everyone, it requires careful consideration and education before jumping in. Trading is challenging and risky, but acquiring necessary knowledge, managing time effectively, and staying updated with market news can make it more manageable.

Losses are unpredictable, and it's impossible to know when they'll occur. Unfortunately, lost money cannot be retrieved. Greed can lead to overpricing commodities, and if left unchecked, can result in even greater losses.

[lepbagong]

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 for everyone, it requires careful consideration and education before jumping in. Trading is challenging and risky, but acquiring necessary knowledge, managing time effectively, and staying updated with market news can make it more manageable.

Losses are unpredictable, and it's impossible to know when they'll occur. Unfortunately, lost money cannot be retrieved. Greed can lead to overpricing commodities, and if left unchecked, can result in even greater losses.

Sometimes people learn in theory but not a few who directly practice. Trading can be done in that way and I agree that trading is very risky and must always be with good analysis and courage in making decisions when to buy and when to let go to make a profit. I agree that greed can make the way to anticipate can be wrong, because that everything must also be considered well before anticipation can be wrong, because losses will not be able to return immediately.

[LogitechMouse]

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 for everyone, it requires careful consideration and education before jumping in. Trading is challenging and risky, but acquiring necessary knowledge, managing time effectively, and staying updated with market news can make it more manageable.

Losses are unpredictable, and it's impossible to know when they'll occur. Unfortunately, lost money cannot be retrieved. Greed can lead to overpricing commodities, and if left unchecked, can result in even greater losses.

Lost money can be retrieved if you will be profitable in trading.

At first, trading will be difficult. Same as if you are learning a new skill because trading is a skill where you can make money through it. It will cause you a considerable amount of money depending on how quick you are to be profitable. Greed is one problem when it comes to trading, but as you learn and you gain more experience, you will learn how to control yourself. The market is unpredictable though, and I saw it first-hand when the market went down pretty hard last week.

Trading is not for everyone and it's not for those who are easily panicking when they see their portfolio down double digits. If you're panicking very easily, stay away from trading. If you're not ready to lose money in trading at first, stay away from it.

[bounceback]

Trading is not for everyone, it requires careful consideration and education before jumping in. Trading is challenging and risky, but acquiring necessary knowledge, managing time effectively, and staying updated with market news can make it more manageable.

Losses are unpredictable, and it's impossible to know when they'll occur. Unfortunately, lost money cannot be retrieved. Greed can lead to overpricing commodities, and if left unchecked, can result in even greater losses.

Sometimes people learn in theory but not a few who directly practice. Trading can be done in that way and I agree that trading is very risky and must always be with good analysis and courage in making decisions when to buy and when to let go to make a profit. I agree that greed can make the way to anticipate can be wrong, because that everything must also be considered well before anticipation can be wrong, because losses will not be able to return immediately.
[/quote]I think many people just take learning from social media after many people show off their trading achievement, but when practice looks not easily how difficult manage in trading to earn much profitable. In trading have bigger risk when have wrong way with potential become long term holder but if brave to cut loss have opportunity get faster recovery.
Before make fatal mistake in trading must learn more about what is the right way for trading and easily to earn much profitable, its make fatal mistake in trading have potential loss our assets.

[Mia Chloe]

Sometimes people learn in theory but not a few who directly practice. Trading can be done in that way and I agree that trading is very risky and must always be with good analysis and courage in making decisions when to buy and when to let go to make a profit. I agree that greed can make the way to anticipate can be wrong, because that everything must also be considered well before anticipation can be wrong, because losses will not be able to return immediately.

You are actually right theory is easier to grasp but where the challenge is is actually applying that particular theory and also gaining experience from it from constant practice and perfection. Most newbie traders see so many set ups being taught on social media and other sources and want to see an exact replica of that to execute but it doesn't work that way.

Many newbies ignore the fundamentals and the effects of fundamental factors on the market and sonner volatility takes the better of them.the market isn't direct because that's how liquidity is being generated.

[Aanuoluwatofunmi]

You are to stay away from trade not because you're new to it, but because you have to realized what is needed to be known concerning trade before you could move closer, this is the only way we could trade and avoid being a failure, another thing to do is by not getting it the wrong way, trading is not a game for the boys, if we have the knowledge in it, then can afford to take the risk, we are free to go for it, but not for the newbies to trade when they are not having a full understanding of what it is.

[Nheer]

You are to stay away from trade not because you're new to it, but because you have to realized what is needed to be known concerning trade before you could move closer, this is the only way we could trade and avoid being a failure, another thing to do is by not getting it the wrong way, trading is not a game for the boys, if we have the knowledge in it, then can afford to take the risk, we are free to go for it, but not for the newbies to trade when they are not having a full understanding of what it is.

Fair point though, knowledge, experience and understanding really reduces the risk and increase the chance of success in trading. Either newbie or legend knowledge is really important to take before going into trading not only trading alone even most activities in our daily lives.
Having a better understanding will really move you forward to success and growth. This is an advice for newbie make a lot of research and learn a lot, more information so you could stand a chance to be successful in trading. Despite the risk you will surely win after a lot of understanding.

[debra]

You are to stay away from trade not because you're new to it, but because you have to realized what is needed to be known concerning trade before you could move closer, this is the only way we could trade and avoid being a failure, another thing to do is by not getting it the wrong way, trading is not a game for the boys, if we have the knowledge in it, then can afford to take the risk, we are free to go for it, but not for the newbies to trade when they are not having a full understanding of what it is.

If you think you have no proper knowledge, it is better to stay away. But when you already have proper knowledge, you can join trading for sure. Regarding the potential of failure, it can happen for any level of traders. However, we can deal with the chance of failure when we have the knowledge and experience. We must always feel afraid of trading, we must start trading if we want to get the experience. The main point is to have knowledge first, so we can deal with everything.

[Azharul]

Trading is very much profiting, but it needs time to read, learn, and practice. In trading there are lots of things that as a new trader, you must be aware of, some of which includes; understanding how to read market candles, analyze the market, knowing how to follow-up trends, when to enter and exit trades, how to protect your profit and manage your loses etc. These are the ones that relates to reading and personal research, through books online articles etc.

When it comes to you as a person, there comes in Discipline Yes. It could sound as simple and easy as it could be, but very important as a trader. In the market, that's where greed will come in, and this causes serious disaster when it is not controlled. Having a set price target to take out from the market and maintaining that price, will save a lot of horrors.

As the market is filled with lots of profits, so are there loses, when proper caution is not taken. As one can make up to $1,000 in a single trade, so can all capital be forfeited. Profits are attainable in the market, so should you also prepare for loses. I guess that's what makes the balance.

I think that you could express a best opinion in your comment. Actually, we can see that trading is one of the best profitable source in crypto currency market. Because if we can understand in cryptocurrency market, we can earn best profit from trading system. So I think that we should trying to understand in cryptocurrency market and trading system. Because we know that trading is very risky for us. So if we don't understand in best trading, we should stay away from trading system.