Trading without experience and knowledge

[yurez]

It seems to me that the best trading for a beginner is an investment in the long future. In this case, you can make money on the crypto market and sleep well at night

For many, this will be the best strategy and for some coins it works very well.  The main thing is to check at least once a week what is happening with the coin on the market and read the news, since projects sometimes switch to other blockchain and you will need to swap coin on time.

[Traderbtcc]

Trading without knowledge, skills and experience, is just like putting your money into gambling because you won't actually know the outcome and for sure luck won't always be on your side, trading without knowledge is very risky because you can all your capital ignorantly.

[Rain075]

To trade cryptocurrency you need to have a lot of knowledge. If you don't have enough knowledge about trading then you will never be able to profit by trading.  Will face loss all the time.  So I think you need to know about trading signals before you can trade.  Then you can benefit by trading.

[gunhell16]

Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.

But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.

In your opinion, can someone trading without experience or knowledge?

Anyone can do trade without experience or even without knowledge but there are big problems for sure, and that is the risky
is too high, where the capital of the newbie investors can easily be gone in the future. It will be okay if you have knowledge even without experience with this you can earn fast also a little bit waiting but still earn in the end.

[wxxyrqa]

If you use the scalping strategy carefully, then you can get some profit without special knowledge. But for this you need to be very careful and spend a lot of time on this every day. Undoubtedly, you can use mirror trading, where you copy all the actions of a more experienced and reputable trader.

[robert20]

Trading without a minimum knowledge of the market is very foolish. Its like depnding on the luck which most of the time results in big losses only. But anyone can buy sell crypto using spot trading that doesnt need much knowledge which is best for starters.

[SkyRocket]

without experience and knowledge, the possibility is a loss. if we get profit,it just a luck in my opinion. if there is no experience and knowledge about trading, maybe you can take advantage of luck,buying and selling principles that we use. buy at a low price, then we sell when it's profitable. and don't sell it if you still lose, maybe it could be like that if you don't have experience and knowledge.

[Sharpmax]

If you trade without experience and knowledge in this cryptocurrency, you will definitely lose.  Trading requires a lot of knowledge. A person who has no idea about trading can never make a profit by trading. If you do not have a good idea about trading signals, you will fall into a big launch. So you must trade to trade.  Must have full knowledge about.

[Fivestar4everMVP]

Someone without experience in trading can still be able to do basic buying and selling in terms of investing but if such persons decided to go into day trading, it's best he or she starts with a demo trading account as trading for daily profit without enough experience can lead to a lot disasters and losses, or at times, the person might end up buying a coin or token that he or she might not be able to sell due to price drop that might never come up again or might take centuries to.

[Seerge]

We shouldn't do something that we don't really understand, Crypto trading is very dangerous and we must be careful in managing our money.  Of course if we do it without experience, then it will have a big risk of losing.

[Fakhrulenclix]

Without knowledge, of course, this is the wrong step, but if only having a little knowledge is no problem, I think this is can be work if they follow their friend or telegram channel that share signal every day. I believe that not all people have good experience and knowledge on trading but they can if follow success people

[ayatoslaw]

Crypto trading is very dangerous and we must be careful in managing our money.

Maybe you mean trading cryptocurrency is full of risks ))
managing finances is indeed very important to minimize risk

I believe that not all people have good experience and knowledge on trading but they can if follow success people

Following successful people is a good way to start, but what it means is that you learn from their life experiences, not follow every analysis they make. ))
if you follow other people's analysis, then forever you will depend on other people, whereas professional traders are required to trade with their own analysis.

[Sammy9ce]

Trading has become an activity that is often carried out by cryptocurrency enthusiasts, when you hold coins you are indirectly required to understand how to trade, at least how to sell and buy on exchanges is general knowledge that every cryptocurrency enthusiast must have.

But as the cryptocurrency ecosystem develops, there are lots of trading signals that eventually make many cryptocurrency enthusiasts who have no experience or knowledge of trading try to trade in order to find daily profits.

In your opinion, can someone trading without experience or knowledge?
[/quote

Without knowledge, of course, this is the wrong step, but if only having a little knowledge is no problem, I think this is can be work if they follow their friend or telegram channel that share signal every day. I believe that not all people have good experience and knowledge on trading but they can if follow success people

Trading is not as simple as it sounds when learning, you won't know how it really works till you throw in your funds and that's where experience comes in. Trading without knowledge is not possible,is just waste of money cause you don't have a blue on what you're doing and you still move ahead. without knowledge they is no experience and no trade.

[bitbit97]

I've seen people talking about copy-trade technics. Anyone have experience with that? I've seen it is suggested (or shilled) for a newbies. Just use API and it will copy trading orders of successful traders and you will earn together with them. Sounds too easy to be true.

Also, what is "without experience" ? We all have made trades in our lives. No one cancels buy low sell high tactics.

[Arkann]

I've seen people talking about copy-trade technics. Anyone have experience with that? I've seen it is suggested (or shilled) for a newbies. Just use API and it will copy trading orders of successful traders and you will earn together with them. Sounds too easy to be true.

Also, what is "without experience" ? We all have made trades in our lives. No one cancels buy low sell high tactics.

I tried to find out as much as possible about this, because I wanted to try to make money in this way, copying the deals of more experienced traders. You must agree that the strategy looks very tempting. but no one could answer all my questions. After all, the fact is that you will probably have to copy not only the asset for the transaction, but also touched the volumes. And in general, I have not come across such information on any forum or on the Internet.