Don't be in a Rush

[bitterguy28]

Yes crypto market is volatile and we have all been there to see how the prices can turn in a few minutes with any news. In the worst case, no matter how good we are in planning and strategy there are moments when our expectations are incorrect and we have to be ready for making controversial decisions.

being a trader you need to be prepared for any and every situation there should always be risk management in your part no matter how much confident you are with your decision and assessment because anything can happen and the market can drop as quick as it rose

i think it is also an essential part of being a trader is being decisive because time is of essence here and anytime the market can change and you might miss your entry or exit points so you need to be firm on your stance and do not be hesitant

I think that openness and willingness to change are primary when it comes to the above mentioned alterations. So yes possible, with right approach and positive stance, we can not only, but survive in such conditions and continue to grow to become that much more prepared in the investment phase.

we always need to learn even if we think we already know everything there is to know it is an unending process and any new knowledge can't be bad

[Bobcrypto]

Futures, leverage and options are not really for beginners and in my opinion should not be attempted at all.

You should take risks only with your money so that you can have better control over your emotions cause there is no added pressure behind your back that will push you to make wrong moves.

As a beginner you can try spot trading with safe pairs like BTC/USDT in mid term.

Yes of a truth, future trading is not meant for newbies or beginners but it is suitable for highly experienced traders.
Just like you mentioned, a newbie should start from the basic on the spot trading options, and should start with own capital, or use a demo account to master the market trends. Future trading required gradual learning processes, with trading courses to gain some experience.

[Insanity]

At the beginning, I will say that no person can achieve success without patience. To achieve success in trading, it is very important to have a lot of patience and complete experience in trading. If a new person thinks of trading without gaining knowledge about trading in the hope of making a profit in a very short time, then that person will definitely be at risk. Therefore, to avoid the risk of trading, beginners should follow experienced people and trade after gaining a perfect understanding of trading.

[Ujok]

At the beginning, I will say that no person can achieve success without patience. To achieve success in trading, it is very important to have a lot of patience and complete experience in trading. If a new person thinks of trading without gaining knowledge about trading in the hope of making a profit in a very short time, then that person will definitely be at risk. Therefore, to avoid the risk of trading, beginners should follow experienced people and trade after gaining a perfect understanding of trading.

true, in trading we must be patient and do not rush to take action if we do not want to get a loss.. in trading we must know when to buy and sell so as to generate big profits, to achieve that we all must have knowledge in this field and be smart in managing trading strategies...
I agree, if beginners must have knowledge so that they know which coins are suitable to trade and besides that they can also manage when to buy and sell them.

[smartaction]

Futures, leverage and options are not really for beginners and in my opinion should not be attempted at all.

You should take risks only with your money so that you can have better control over your emotions cause there is no added pressure behind your back that will push you to make wrong moves.

As a beginner you can try spot trading with safe pairs like BTC/USDT in mid term.

Yes of a truth, future trading is not meant for newbies or beginners but it is suitable for highly experienced traders.
Just like you mentioned, a newbie should start from the basic on the spot trading options, and should start with own capital, or use a demo account to master the market trends. Future trading required gradual learning processes, with trading courses to gain some experience.

Future trading is very risky. I think there is a chance to make a lot of profit in a short period of time and there is a risk of losing all the money in a short period of time. That's why I don't like future trading very much. Future trading seems like gambling to me because gambling is all about luck.  Just like future trading depends on luck, if the luck is bad then there is a possibility of losing all the money in a very short time and if the luck is good it is possible to earn several times profit in a very short time. I like spot trading here.  like that  There is no risk to trade safely.

[bayu7adi]

This also applies to anyone who is influenced by screenshots of other users who are making thousands of % from futures trading... as OP said, never think of futures trading as a get rich quick scheme, it is totally wrong... trading is not as easy as it seems... it requires thorough analysis, and even luck plays a role.

For new users who want to start trading, never try futures trading before understanding how spot trading works... futures trading is very high risk.

[densus88]

This also applies to anyone who is influenced by screenshots of other users who are making thousands of % from futures trading... as OP said, never think of futures trading as a get rich quick scheme, it is totally wrong... trading is not as easy as it seems... it requires thorough analysis, and even luck plays a role.

For new users who want to start trading, never try futures trading before understanding how spot trading works... futures trading is very high risk.

Futures trading requires good knowledge and experience, first understand spot trading and then learn to trade futures. Because it is not easy to have expertise in futures trading, it requires accurate analysis and prediction. I have failed several times in futures trading, so the risk is quite large.
It is better if we do not have experience, expertise in futures trading, do trading according to our abilities.

[LUCKMCFLY]

Futures trading requires good knowledge and experience, first understand spot trading and then learn to trade futures. Because it is not easy to have expertise in futures trading, it requires accurate analysis and prediction. I have failed several times in futures trading, so the risk is quite large.
It is better if we do not have experience, expertise in futures trading, do trading according to our abilities.

For the same reason I have not traded futures because it is very dangerous, things with futures are not only about experience, but also knowing a lot about the fundamentals, also the good use of the broker or the exchange so as not to make a mistake in it, it is very easy to make a mistake when trading futures, and any mistake can mean that things can be worse because you lose money very easily, I have studied trading in general in some time frames, for now I am doing a lot of study on 1 minute trading, knowing how to analyze the charts is something challenging.

[Gposas]

Now and days alot of people have this mindset that trading is get rich quick scheme, which shouldn't be like that . I have seen alot of cases where newbies or individual with half-size knowledge about this space jumping into trading without any proper knowledge, some even go further starting with future trading, with the sole aim to make alot of profit fast .which is actually wrong , because you may endup making countless losses with such move .

so if you don't have good knowledge about trading please focus more on spot trading instead, because as time goes on your trading skills would increased with minimise risk . And also no matter the dip , aslong the coin you trading is well known and nice , it would surely recover from that dip and you may endup with good profit if you are patient enough. But if it was future trading, the dip may endup triggering your liquidation and your trading cash may endup liquidated.

Perfect advice for newbies..!!!!!!
In the physical world it is clearly observed that most set of people tends to persuade a novice about trading crypto all with some mere testimonies which is likely a fables just to device a means to cyphone money from these novice.

Newbies tend to be carried away with the sweetness of hearing the amount of profit made on a trade and are likely pron to forget that it isn't as easy as it seems. And I fell a victim of such when I newly came into crypto.

Trading futures and margin isn't advisable for newbies at all, because they'll end up feeling it's a gamble. Instead of sorting for proper knowledge on how the market trends, understand charts and comprehending the ability to predict the market properly, they'll end up hoping and praying the market moves in the favor of their trade, placing trades blindly.

Spot trading is the simplest form of trading and it's the best for newbies... Because its almost compared to HODL, waiting for the market to rise in price before selling off any token bought. It is characterized by patience and remains the easiest way to start getting insights of trading for newbies