Trading without experience and knowledge

[Confero]

It’s better not to trade at all than to trade with no knowledge of what you are doing. You might have been impressed by how good other traders have been doing in the market but it has no relation with how you will do in the market. You better take only those risks that you can easily afford. Otherwise, stay away from the market and live a happy, relaxed life.

That's right, because Crypto trading is not the same as trading in traditional markets, before entering we need to learn a lot of things. And if we just want to try it, we shouldn't do it, because later we will definitely regret it.

[Parastatal]

When you have the knowledge to trade cryptocurrencies, you can easily gain experience and make the best of the market. But if you enter into trading without learning well, you will make losses that you won’t even be able to reverse.

[Wishywashy]

Trading without experience is not something that I see as a problem because no newbie would qualify for that. But yes, trading without knowledge is a big issue that causes real trouble in every trader’s trading career. Without knowledge, you will be a lost kid in the market who doesn’t know the way to home.

[DAMKAR]

Trading without experience is not something that I see as a problem because no newbie would qualify for that. But yes, trading without knowledge is a big issue that causes real trouble in every trader’s trading career. Without knowledge, you will be a lost kid in the market who doesn’t know the way to home.

We can get knowledge by learning in crypto trading.
That's a good way to get it.
I don't think about trading without experience and knowledge, because  you will loss alot

[I-Bit]

trading without experience may be only a matter of time, because when someone is started to trade, he willl not have any experience yet.
but, if you are trading without experience and knowledge, it is a mission of suicide, that is gambling with luck only, not trading..

[Anrate]

Success in trading is about being right with your predictions most times. But it needs proper knowledge to make the start. It will take time to obtain experience but starting without knowledge will definitely fail you in the long term.

[rlirs]

Princeton University professor Burton Malkiel claimed in his bestselling book, A Random Walk Down Wall Street, that “A blindfolded monkey throwing darts at a newspaper's financial pages could select a portfolio that would do just as well as one carefully selected by experts.”

“Malkiel was wrong,” stated Rob Arnott, CEO of Research Affiliates, while speaking at the IMN Global Indexing and ETFs conference earlier this month. “The monkeys have done a much better job than both the experts and the stock market.”

[Phonometer]

It’s not that it is a necessity to trade only after learning. If we put it simply it’s just because you won’t be able to trade in the best manner if you don’t study. Experience can be gained over time and kept safe through your trading journal so that you know where to improve and how to keep going.

[Osama Sultan]

Trading crypto without knowledge is directly proportional to loosing everything , if you dont know trading or you are new you trade and by the luck your first 2,3 trades going to profitable and you gain confidence and boom a false market move take you and go to against your trade and liquidate you  .
So deer friends first understand the risk of trading and make risk management before going to trade .
learn from your mistakes .

[scepsis]

You can trade without experience and knowledge, if you want to lose. So, education is important to be profitable. The more you know about the market and the cryptos you're trading, the better your chances of success.

[gunhell16]

Trading without knowledge and experience, usually in the end they loss their coins or assets in the exchange platform.
Meaning as an individual traders here in the cryptocurrency it is needed to have a knowledge and experience for us to earn good in the future, just as simple as that. Now if your gonna try to use bot in the trading exchange it is still not accurate to say it is good.

That's true, It seems you throw away your coins.
Trading is always needing knowledge and experience.
Not easy become professional trader..It will take along years to learn and learn.
I did trading since 2018, And I feel, I'm not professional trader yet.
I still do mistake by and often loss.

Actually, even the professional traders sir can do mistakes, they are not perfect. But they have the advantage compared to you and for me hehehehe, because I admit to myself that being here in the cryptocurrency I'm still in the stage of continous learning process. And doing trade is really not an easy like what others thinking it is simple, butthey are absolutely wrong on this matter.

[msz900]

You can trade without experience and knowledge, if you want to lose. So, education is important to be profitable. The more you know about the market and the cryptos you're trading, the better your chances of success.

You are right, Knowledge is the the main key to success but in the crypto world you also need to be Lucky, because if you use your knowledge to trade and the market moves to the opposite side, then you would lose your money.

[Docimasy]

Trading without experience or knowledge is a risky proposition and can lead to losses.
I would advise you to have at least basic knowledge of trading. Although I have a nice trade.

[pacar_tiri]

Trading without experience or knowledge is a risky proposition and can lead to losses.
I would advise you to have at least basic knowledge of trading. Although I have a nice trade.

that's true If we do trading without experience and knowledge , I think We will lost alot.
Better do traidng in small funds, then learning about trading.
Time will tell how to learn about trading because not easy to have good knowledge and experience in trading, especially in crypto currency.

[Uzairmoti11]

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?

I think your luck is more important than knowledge or experience because if you are not lucky then your knowledge or experience is useless. But knowledge is the key to success in every field of life but in cryptocurrency world Luck is important than your knowledge