Are you new? So stay away from trading.

[bitbit97]

but as I said before, beginners should focus on the holder first and start learning trading. Because trading requires experience and analysis that must be close to accurate and able to manage emotions

Could you please explain what does "focus on the holder" suppose to mean? I have bought cryptocurrency, do nothing (holding) and then start to think about my crypto and check prices from time to time? Being holder seems something different to me. You buy cryptocurrency, set a sell price that suits you and wait. That is it. And what does "start learning trading" means? There are only two options, sell with profit or with a loss/ sell cheaper or more expensive that have bought. We all know that basics from childhood. It is better to spend time on research and trying to analyze or predict future of purchased crypto, then learn how to click sell button when the price is higher than have bought.

[taufik123]

-snip-
Because trading requires experience and analysis that must be close to accurate and able to manage emotions

Near-accurate analysis and fundamental knowledge are also needed, because every market trend will be influenced by fundamentals.

Related to emotions in trading, it will be decisive on the strategy used.
Managing emotions well and having more trading experience, it will affect trading emotions.
The more experienced you are, the more you will get used to stable emotions.

[Sevi]

As a biggener if you don't have a knowledge about trading it's risky for us. But if we do willing to learn how to trade and hold. And ready your willingness to wait. Emotional aspect to aim your goal.

[Agbe]

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.

A lot of people watch a few videos on YouTube on how to trade either forex or crypto and think they have gotten the hang of it just in four weeks, this is absolutely impossible. Trading takes time to master and after a long time of learning you can still make mistakes but your experiences in the market are what matters. Some expert traders don't tell newbies the truth they just flaunt demo accounts online deceiving people that they are making millions in a day and making them feel like it's possible to always be in profit

[albon]

Everyone thinks trading can be an exciting and potentially profitable activity, but for beginners it can seem overwhelming. This guide takes a lot of practice to make the process easier. Personally i would like to say that trading is a great strategy to make money in a short period of time. So only when you learn trading strategy will you get profit potential. Moreover, trading requires a different mindset and skill set than long term investing, focusing on quick decision making and precise execution. New crypto users completely forget this point which leads to huge losses by getting excited and trading.

[libert19]

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.

This is so true, one of my friend started trading in 2021 bull market, invested peanut sum, got good profits, lost all capital soon after, started investing his salary money, and now he's running at loss, lol.

Now, he's hoping 2025 will be a good year for crypto and he'll recover everything.

[vegasus]

This is so true, one of my friend started trading in 2021 bull market, invested peanut sum, got good profits, lost all capital soon after, started investing his salary money, and now he's running at loss, lol.

Now, he's hoping 2025 will be a good year for crypto and he'll recover everything.

Yes, because trading is basically high risk, the efforts made must be complex. It is not easy for someone who wants to be really consistent in trading and consistently take profits for beginners. Unless they are really persistent and have more abilities, they may be able to develop into pro traders, as long as they can really learn the strategy, and are not greedy in determining their profits.

However, if you are a beginner and are not too focused on trading, investing is the best way. It also still depends on what coin is taken for investment. Because if you invest in shit coins, the results will be the same, it will be bad. Because most or even all shit coins only rely on hype, and when it's over, well, the hype will really disappear and then the shit coins will end up being dead coins that are no longer valuable.

Therefore, if you want to hold, just in Bitcoin which is clearly valuable. If you want altcoins, choose certain top coins, such as ETH.

[libert19]

^ Well, sticking with top coins helps but they also see wild fluctuations, and if you are into margin trading as my friend is, these fluctuations can wipe out your portfolio.

[bitterguy28]

^ Well, sticking with top coins helps but they also see wild fluctuations,

not really there are different kinds of trading depending on the time frame and each time frame poses more risk than the others i think knowing when to trade is almost as important as picking which coin to trade you usually just want to trade popular coins with high volume of transactions so that you can take advantage of its fluctuations

and if you are into margin trading as my friend is, these fluctuations can wipe out your portfolio.

if you are a beginner i do not think margin trading is the best option for you it's incredibly risky and might just leave you in debt at the end of it all

[Jating]

^ Well, sticking with top coins helps but they also see wild fluctuations,

not really there are different kinds of trading depending on the time frame and each time frame poses more risk than the others i think knowing when to trade is almost as important as picking which coin to trade you usually just want to trade popular coins with high volume of transactions so that you can take advantage of its fluctuations

and if you are into margin trading as my friend is, these fluctuations can wipe out your portfolio.

if you are a beginner i do not think margin trading is the best option for you it's incredibly risky and might just leave you in debt at the end of it all

Yes, for beginners, it's better to stick to spot trading and then learn from it, margin trading or even derivatives are suicide for newbies, so it's not recommendable.

Everyone thinks trading can be an exciting and potentially profitable activity, but for beginners it can seem overwhelming. This guide takes a lot of practice to make the process easier. Personally i would like to say that trading is a great strategy to make money in a short period of time. So only when you learn trading strategy will you get profit potential. Moreover, trading requires a different mindset and skill set than long term investing, focusing on quick decision making and precise execution. New crypto users completely forget this point which leads to huge losses by getting excited and trading.

It's definitely a overwhelming for beginners, but we should face it head on if we really wanted to be a trader. Don't baby or kid ourselves, and for me, we really should be facing those difficulties in the beginning, so that we will be mentally strong already and will have the patience and courage to stay in the game and be successful.

[libert19]

and if you are into margin trading as my friend is, these fluctuations can wipe out your portfolio.

if you are a beginner i do not think margin trading is the best option for you it's incredibly risky and might just leave you in debt at the end of it all

True, but there is more potential for profits in margin trading and that's only thing tends to be on people's minds, they ignore the risk part and dive in directly, which often doesn't end up well.

[laijsica]

and if you are into margin trading as my friend is, these fluctuations can wipe out your portfolio.

if you are a beginner i do not think margin trading is the best option for you it's incredibly risky and might just leave you in debt at the end of it all

True, but there is more potential for profits in margin trading and that's only thing tends to be on people's minds, they ignore the risk part and dive in directly, which often doesn't end up well.

Margin trading depends on financial capability. If a beginner has enough money, he can initially choose the right currency and make an investment decision, but certainly in a small amount. Margin trading is definitely a risky system for low income people which can lead to bankruptcy. A relatively sound approach for new investors is to invest a portion of disposable income every month or every week. Through this method an investor can acquire large holdings through long-term accumulation along with daily expenses of the family.

[kulkhan]

Everyone thinks trading can be an exciting and potentially profitable activity, but for beginners it can seem overwhelming. This guide takes a lot of practice to make the process easier. Personally i would like to say that trading is a great strategy to make money in a short period of time. So only when you learn trading strategy will you get profit potential. Moreover, trading requires a different mindset and skill set than long term investing, focusing on quick decision making and precise execution. New crypto users completely forget this point which leads to huge losses by getting excited and trading.

Actually i also think trading is not easy matter. Many people think trading is very easy and profit and profit on it. Bit reality is very different from thinking. Mainly beginners think profit from trading is also easy. Beginner's trade without any experience and without proper knowledge So they loss from trading. But by chance sometimes they gain so they think ot is too easy. But end of the day they lose his fund.

[libert19]

and if you are into margin trading as my friend is, these fluctuations can wipe out your portfolio.

if you are a beginner i do not think margin trading is the best option for you it's incredibly risky and might just leave you in debt at the end of it all

True, but there is more potential for profits in margin trading and that's only thing tends to be on people's minds, they ignore the risk part and dive in directly, which often doesn't end up well.

Margin trading depends on financial capability. If a beginner has enough money, he can initially choose the right currency and make an investment decision, but certainly in a small amount. Margin trading is definitely a risky system for low income people which can lead to bankruptcy.

Well, the thing is margin trading is, it allows you to have big position size with low amount of funds, so it's main reason why it's popular among people with low capital.

[erus]

I am also new to crypto and I am currently still avoiding trading because trading in crypto is unpredictable and the price has very extreme price changes. I tried trading with DOGE coins and bought DOGE at a price of $ 0.1 with $ 10, when the DOGE price dropped to a price of 0.08 my $ 10 asset immediately decreased by 20%, leaving around $ 8. The change was only in 1 night and to increase the price again we don't know when it will happen.