Are you new? So stay away from trading.

[Dr.Bitcoin_Strange]

^ 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.

The crypto market is entirely volatile and even the top coins can be volatile as well unless during a low volatile market. During a low volatile market, volatility is less for most of the currencies. Before someone must go into trading, they need to have learn and understand the importance principles of trading and must not forget that volatility is a characteristic of cryptocurrency.

[Ricardo11]

^ 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.

The crypto market is entirely volatile and even the top coins can be volatile as well unless during a low volatile market. During a low volatile market, volatility is less for most of the currencies. Before someone must go into trading, they need to have learn and understand the importance principles of trading and must not forget that volatility is a characteristic of cryptocurrency.

Knowing about the volatility of the cryptocurrency market is very important for a trader. The market is not always stable, but there are times when the volatility of the market is reduced, that time trading is better, and losses are less likely. So it is very important for a trader to always know the market movements, volatility, and right trading strategy at the right time.

[Agbe]

at the start i faced losses too. because crypto trading is very accessible alot of people think they can do it but there is so much to learn.

reading charts and the various signals and getting the timing as close as possible, being aware of the different fees and how to cover costs etc. is important

Rhen there is also the mental side of things and how to be patient and not be led by emotions - thats difficult to master i think.

People that are expert traders in the financial market would always to you to learn how to master your emotions because you might have some unexpected outcomes no matter how well analyzed your trades are. Some beginners watch a couple of YouTube videos that teaches how to read charts and understand the basic things they need to know but still end up blowing their live account on a regular basis because they lack discipline

[Faisal2202]

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.

Gambling has never been easy. I don’t gamble, but betting on sports or putting money on a spinner isn’t something I see as a good idea, though I don’t judge anyone for doing it. I do know, however, that gambling isn’t as simple as it seems. I’ve read posts from experts on BTT who mention that they conduct proper research before gambling, and there are even tools to help. So, gambling is no walk in the park, just like investing.

That said, trading is far more difficult than either of those. When trading, there are countless factors to keep in mind, and the pressure can be overwhelming. Back when I tried futures trading, I eventually quit, saying, “Forget this, I need something real that can bring me peace,” haha. The stress was constant, mostly because of my lack of knowledge and things I hadn’t considered. Spot trading, on the other hand, is easier than futures trading, but it requires a lot more capital.

Trading becomes easier once you start doing it and stick with it. Stepping away just because you’re new or don’t fully understand it won’t help like with driving a car, you have to get behind the wheel for the first time before you can get better.

[armanda90]

People that are expert traders in the financial market would always to you to learn how to master your emotions because you might have some unexpected outcomes no matter how well analyzed your trades are. Some beginners watch a couple of YouTube videos that teaches how to read charts and understand the basic things they need to know but still end up blowing their live account on a regular basis because they lack discipline

Have fatal mistake with the beginner when start trading about their decision take profit seems easily, but when investing their assets in cryptocurrency and lack knowledge about when is the right time for buying or selling make them difficult how to manage profit and panic for selling their investment assets when price suddenly dump.
The beginner only looking the influencer on YouTube channel how easily for them take profit with their trading without make analyze early before buying any coins, I think as beginner always be patience when investing in cryptocurrency and always waiting the right time.

[kai]

Until now I avoid trading with cryptocurrency because it is really illogical for its price increase and decrease and this is what makes me think a thousand times to invest in cryptocurrency. My daily life also relies on my personal real work and this makes me comfortable.
Life cannot be forced but life also has to find money to survive. Maybe my survival is not from cryptocurrency trading but from real work.

[Hatchy]

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.

Definitely true, trading with crypto or other forex trading requires skills and experience, and if one wish to trade he must take his time o practice. Rushing into trading because of how much you see other making from trading will only get you into loss and you risk will be higher. It's better to take time to study the financial market before making any move towards the market it self. Why most traders don't make it big time is because the lack planning and are carried away by other peoples success stories. Though that's a good drive for motivation but then you need to learn so you can also share your own story.

[Bhigdaddyjr]

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.

Trading is not something you can just wake up and jump into, trading deserves knowledge, time, and practice not only that trading is a aspect that needs your mental and physical strength it deals with knowledge and experience. You need knowledge from people whom are into it and you need to do alot of research.
Moreover I will like to advise new crypto users and investors to do take their time and knowledge before concluding or jumping into trading . Seek knowledge from the best .

[SamReomo]

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.

Yes, it's so much true, and those who have taken trading for granted have lost a lot of money in it. While it's true that trading isn't for everyone but at the same time it's also true that investing and gambling are also not easy and those are also not for everyone.

Only those who are good at finance can make profits with investing and when it comes to gambling then only those who are quite lucky will make money in it. I'm a trader myself and I can say that trading isn't for those people who can't control their emotions.

[milewilda]

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.

Yes, it's so much true, and those who have taken trading for granted have lost a lot of money in it. While it's true that trading isn't for everyone but at the same time it's also true that investing and gambling are also not easy and those are also not for everyone.

Only those who are good at finance can make profits with investing and when it comes to gambling then only those who are quite lucky will make money in it. I'm a trader myself and I can say that trading isn't for those people who can't control their emotions.

But if we do speak or talk about on which one is better in between trading and gambling then we do know that trading is really that much more ideal when it comes on making money
but just like on what you have said that this isnt something that would really be that so simple for someone to be that profitable. You would really be that needing up to make up
some good trades and something sustainable if you do really want for yourself to be able to survive this unpredictable space. Come to know that gambling is really just that for
entertainment and making it as your source of income will really be definitely be putting you on trouble.

[|MINER|]

Yes, it's so much true, and those who have taken trading for granted have lost a lot of money in it. While it's true that trading isn't for everyone but at the same time it's also true that investing and gambling are also not easy and those are also not for everyone.

Only those who are good at finance can make profits with investing and when it comes to gambling then only those who are quite lucky will make money in it. I'm a trader myself and I can say that trading isn't for those people who can't control their emotions.

The main line is that all jobs are not for everyone because each job has a different category and we need to be skilled according to that type to be successful.  Similarly, to be successful in trading, we need to gain a proper understanding of reading analysis, what is fundamental analysis and what is technical analysis, and apart from basic knowledge, we need to gain real time experience.
And in most cases it is noticed that not everyone can achieve these things and later due to greed they are investing and later losing.  So I would say trading is not for such public.

[SamReomo]

But if we do speak or talk about on which one is better in between trading and gambling then we do know that trading is really that much more ideal when it comes on making money
but just like on what you have said that this isnt something that would really be that so simple for someone to be that profitable.

Well, that's true, it's not going to be profitable for everyone, most of the traders often lose money then making any money and that's a fact. Only a small group of traders make money in trading and that's why I believe the ones who lose money in trading or aren't good at it should avoid it.

And in most cases it is noticed that not everyone can achieve these things and later due to greed they are investing and later losing.  So I would say trading is not for such public.

Well, the ones who can't control their emotions are not going to get any profits in trading. Those who want to get rich within few days to weeks should not go for trading because there's 100% chance that they'll lose money instead of making anything.

[Themepen]

The main line is that all jobs are not for everyone because each job has a different category and we need to be skilled according to that type to be successful.  Similarly, to be successful in trading, we need to gain a proper understanding of reading analysis, what is fundamental analysis and what is technical analysis, and apart from basic knowledge, we need to gain real time experience.
And in most cases it is noticed that not everyone can achieve these things and later due to greed they are investing and later losing.  So I would say trading is not for such public.

I totally agree that trading is not for everyone. Like other jobs trading needs special skills and knowledge. To do well we need to understand market analysis and have experience. Many people do not have these skills and lose money because of greed. In my point of view trading require Hard work and dedication it also require Self control and discipline and last is most important that is Understanding your emotions


Trading needs expertise patience and self awareness. Know your limits and avoid unnecessary risks. I will say first start from demo trading or from a small investment if we are trying to get experience.

[Sim_card]

The main line is that all jobs are not for everyone because each job has a different category and we need to be skilled according to that type to be successful.  Similarly, to be successful in trading, we need to gain a proper understanding of reading analysis, what is fundamental analysis and what is technical analysis, and apart from basic knowledge, we need to gain real time experience.
And in most cases it is noticed that not everyone can achieve these things and later due to greed they are investing and later losing.  So I would say trading is not for such public.

I totally agree that trading is not for everyone. Like other jobs trading needs special skills and knowledge. To do well we need to understand market analysis and have experience. Many people do not have these skills and lose money because of greed. In my point of view trading require Hard work and dedication it also require Self control and discipline and last is most important that is Understanding your emotions


Trading needs expertise patience and self awareness. Know your limits and avoid unnecessary risks. I will say first start from demo trading or from a small investment if we are trying to get experience.

Trading is very broad and goes beyond just learning but you must be good in technical analysis, fundamental analysis and you must also know how to read charrs to guide you on how to go about a trade. Trading is not a guess work but needs time and resources for you to be able to learn and improve yourself in order for you to benefit from the market, otherwise you will run at loss. It os always good that you control your emotions easily by trading with little amount.

[Dr.Bitcoin_Strange]

The main line is that all jobs are not for everyone because each job has a different category and we need to be skilled according to that type to be successful.  Similarly, to be successful in trading, we need to gain a proper understanding of reading analysis, what is fundamental analysis and what is technical analysis, and apart from basic knowledge, we need to gain real time experience.
And in most cases it is noticed that not everyone can achieve these things and later due to greed they are investing and later losing.  So I would say trading is not for such public.

I totally agree that trading is not for everyone. Like other jobs trading needs special skills and knowledge. To do well we need to understand market analysis and have experience. Many people do not have these skills and lose money because of greed. In my point of view trading require Hard work and dedication it also require Self control and discipline and last is most important that is Understanding your emotions


Trading needs expertise patience and self awareness. Know your limits and avoid unnecessary risks. I will say first start from demo trading or from a small investment if we are trying to get experience.

Trading is very broad and goes beyond just learning but you must be good in technical analysis, fundamental analysis and you must also know how to read charrs to guide you on how to go about a trade. Trading is not a guess work but needs time and resources for you to be able to learn and improve yourself in order for you to benefit from the market, otherwise you will run at loss. It os always good that you control your emotions easily by trading with little amount.

I agree with you.
Trading isn’t something that you can just guess your way through or simply by luck, it takes way more than that, it’s a skill that one needs to learn and develop with time, it doesn’t happen just immediately. Just like you’ve rightly said, one needs to dedicate time to learn both fundamental and technical analysis as well as how to read charts too.
Yes, and also how to control your emotions during trading, because this is one of the most important aspects of trading, because trading can be quite an emotional roller coaster and if you haven’t mastered the act of controlling your emotions, you can get caught in the moment and end up making bad decisions. In a nutshell, trading is definitely not for newbies, as it requires lots of time and dedication to perfect it.