To trade, you need to have a good knowledge of the market

[labonikhatun]

The market has to be analyzed before moving forward and moving forward to trade you need to have a good knowledge of the market as well as learn the trade beforehand. Basic things to know before with market analysis this will make the traders profitable.

[EthereumDev_]

well, to learn how to do well, you should be able to see several places of learning media that can provide a lot of information about the increases and decreases in cryptocurrency prices so that it will allow you to take good and correct steps to trade and know the right position to buy coins and sell it when it makes a profit.

[Carbitcoin]

well, to learn how to do well, you should be able to see several places of learning media that can provide a lot of information about the increases and decreases in cryptocurrency prices so that it will allow you to take good and correct steps to trade and know the right position to buy coins and sell it when it makes a profit.

It seems to me that in the cryptocurrency market, trading is now better done only by professionals, and those who are not confident in their abilities and do not have experience and knowledge, it is better to bet on long-term investments, especially given the rapid rise in prices for cryptocurrencies.

[ranaprime]

Now a days Knowledge and experience are the big assets of any particular positions. Those who are have these power they will be reach there is no doubt about it. Suppose you are willing to make any trade then defiantly you need to choice in which coins would you like to invest. Here you knowledge and experience can help you to find the good coins or asset to invest.

[Paglamon]

It is impossible to improve without gaining ideas and knowledge about cryptocurrency. In other words, in order to make a profit by investing or trading, one must have knowledge about the cryptocurrency market. Most of the investors in the market have gained ideas, knowledge and experience about the market.

[sky20]

If you don't have knowledge then how can it be possible to trade. A first we need to learn then we can acquire knowledge after that we can trade and will be benefited. So i think learning and acquire knowledge is the first priority to trade.

[Dociko]

In order to profit from trading in the cryptocurrency market, one must have a good knowledge of all the cryptocurrencies of the cryptocurrency market. You have to have an idea about every coin in the market. The idea has to come from someone more experienced. Then it will be possible to benefit.

[Google+]

well, I really agree with what you say because until now we can see that many new people find it difficult to get profit because they make mistakes when trading and are too easily affected by uncertain situations that cause them to take wrong positions buy and sell.

[Gravatai]

Now I observe different traders and I understand that even with experience, knowledge and different analysis tools, it is very difficult to determine in which direction the market will go. It seems to me that knowledge is certainly needed, but the whole trading process depends on the analytical mindset, the availability of information and other qualities of the trader himself. It's a bit like sports betting where you choose the footboll team, the odds and place your bet.

[Gurujebs]

It is impossible to improve without gaining ideas and knowledge about cryptocurrency. In other words, in order to make a profit by investing or trading, one must have knowledge about the cryptocurrency market. Most of the investors in the market have gained ideas, knowledge and experience about the market.

Not just an idea but mistakes too
I remember how I made some mistakes that could have fetch me cool money back in my early days of trading, I wish I could go back and change that but it's impossible, we also learn from our mistakes.

[marcsymons]

I agree that it is good to better have a good undertstanding of trading environment before you engage to it. Better you fully undertstand the market movements, trading strategies, defense and dicipline. Try to understand about resitance and support so that you will minimize loss in every difficult situation.

[Callisto]

I agree, swami, you can and should earn money on the stock exchange, if you have brains and you understand the coin and are able to analyze, then your path lies on the stock exchange. Of course, investments are needed, but they can be obtained in all sorts of bounty companies.

[yetti]

well, I really agree with what you do because I see many new people who can't trade but are determined to go directly to the exchange which ends up making themselves lose money because many people take the wrong position to buy and are late to sell when the price is high.

[Churphans]

Obviously in a successful trading system one should have huge knowledge about trading, daily volumes, 24 hours total supplies and signal with difference price chart s...

[aarif123]

That's true having the knowledge of market is very important I have seen so many people who started with huge money but they lost all of his money because they have no idea that how does market works.so before investing real money we should do demo trading.