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Author Topic: Are you new? So stay away from trading.  (Read 13129 times)

Offline debra

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Re: Are you new? So stay away from trading.
« Reply #135 on: September 29, 2024, 08:15:29 PM »
It is very important that an investor should refrain from taking too hasty decisions and take the right decision after reviewing the market conditions. A novice investor should start with steady accumulation from his discretionary income and stick to the long term trend. An investor should tend to continuously accumulate cryptos until his portfolio is of a decent size so that he can opt for short-term trading at a later stage.
Actually we are talking about newbie trader here but it is okay if you also want to discuss about newbie investor. Sure, it is almost the same as newbie trader, there is no need too hurry. Both newbie trader and newbie investor should take time to learn everything carefully first. This way will minimize the chance of severe losses, this also will increase the chance for the success both in trading and investment. Having good portfolio isn't an easy thing, it must through deep analysis. Only people who have good knowledge that can do deep analysis or research.


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Re: Are you new? So stay away from trading.
« Reply #135 on: September 29, 2024, 08:15:29 PM »

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Online Dr.Bitcoin_Strange

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Re: Are you new? So stay away from trading.
« Reply #136 on: September 29, 2024, 08:20:29 PM »
Working honestly, carefully, and patiently in the crypto world will lead you to positive results. For that, it is considered that you should not be quick in everything you start, but rather decide on your research and inquiry and mutual sharing of experience. This is how it should look when you use a stake in some project. Betting is rarely profitable.
Due to the very volatile nature of the crypto market, trading is considered a very bad idea, especially for the newbies in the space, although crypto trading can be exaggerated, thereby making people think and feel like it is actually the easiest way to make profit out of the crypto market, while it is the contrary. Altcoin investment alone is very dangerous and carries lots of risks let alone gambling with your funds, that’s why it’s always advisable to always consider investing in Bitcoin and while at it, it essential to stay away from trading or gambling and always approach with the HODL strategy.

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Re: Are you new? So stay away from trading.
« Reply #136 on: September 29, 2024, 08:20:29 PM »

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Online Doovla

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Re: Are you new? So stay away from trading.
« Reply #137 on: September 30, 2024, 06:51:25 PM »
Do you think that users have an easier time if they bypass trading, how can they choose to join purchases on a pre-started project? Is it enough to start targeting coins that are somewhere on the site immediately to start withdrawing to the bank. Did you make a mistake somewhere in trading on the exchange and what are you doing now to have real money, how do you have coins? What do you decide on?
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Offline Sim_card

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Re: Are you new? So stay away from trading.
« Reply #138 on: October 01, 2024, 05:46:57 PM »
Working honestly, carefully, and patiently in the crypto world will lead you to positive results. For that, it is considered that you should not be quick in everything you start, but rather decide on your research and inquiry and mutual sharing of experience. This is how it should look when you use a stake in some project. Betting is rarely profitable.
Due to the very volatile nature of the crypto market, trading is considered a very bad idea, especially for the newbies in the space, although crypto trading can be exaggerated, thereby making people think and feel like it is actually the easiest way to make profit out of the crypto market, while it is the contrary. Altcoin investment alone is very dangerous and carries lots of risks let alone gambling with your funds, that’s why it’s always advisable to always consider investing in Bitcoin and while at it, it essential to stay away from trading or gambling and always approach with the HODL strategy.
You are right mate, trading is similar to gambling and for that reason anyone who want to make good profit from crypto should only invest and not trade so that he does not loss te little funds that he has. The market is not friendly and is ready to liquidate you at anytime based on your involvement in trading. Investing in bitcoin for long term is like saving your future from financial challenge now that you have the funds to do it.

Offline Dzwaafu11

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Re: Are you new? So stay away from trading.
« Reply #139 on: October 01, 2024, 07:58:39 PM »
Working honestly, carefully, and patiently in the crypto world will lead you to positive results. For that, it is considered that you should not be quick in everything you start, but rather decide on your research and inquiry and mutual sharing of experience. This is how it should look when you use a stake in some project. Betting is rarely profitable.
Due to the very volatile nature of the crypto market, trading is considered a very bad idea, especially for the newbies in the space, although crypto trading can be exaggerated, thereby making people think and feel like it is actually the easiest way to make profit out of the crypto market, while it is the contrary. Altcoin investment alone is very dangerous and carries lots of risks let alone gambling with your funds, that’s why it’s always advisable to always consider investing in Bitcoin and while at it, it essential to stay away from trading or gambling and always approach with the HODL strategy.
You are right mate, trading is similar to gambling and for that reason anyone who want to make good profit from crypto should only invest and not trade so that he does not loss te little funds that he has. The market is not friendly and is ready to liquidate you at anytime based on your involvement in trading. Investing in bitcoin for long term is like saving your future from financial challenge now that you have the funds to do it.

Trading is not the same as gambling. I don’t always believe that trading and gambling are similar things. To me these two things are very clearly different, though both of them are involved in high risk and high probability of losing your money, but to me the losses in trading can be reduced if you have the knowledge of trading,

while in gambling you can’t because you just predict and wait for the outcomes of the predicted while in trading you will be the one checking the market, managing the risk, and other things to avoid the risk, which is not possible in gambling. Also, trading can be for a long time, while gambling is just for some minutes or an hour. 

Offline Gurujebs

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Re: Are you new? So stay away from trading.
« Reply #140 on: October 01, 2024, 08:08:08 PM »
You are right mate, trading is similar to gambling and for that reason anyone who want to make good profit from crypto should only invest and not trade so that he does not loss te little funds that he has. The market is not friendly and is ready to liquidate you at anytime based on your involvement in trading. Investing in bitcoin for long term is like saving your future from financial challenge now that you have the funds to do it.

I think you wanted to say trading is risky and gambling is more risky but gambling just happen to be a very high risk thing to do. Are people making money in trading that's a yes and are people losing money from trading, that is a yes also. Are people losing money from gambling also that's definitely yes and are people making money from gambling, that's a yes but few in numbers and that justified the more risky criteria

Everyone that has master gambling today started as a newbie, you never can tell if you are going to make it in trading unless you start somewhere, start small and look out for your possible mistakes and with time, you will become pro one day.
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Online Dr.Bitcoin_Strange

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Re: Are you new? So stay away from trading.
« Reply #141 on: October 04, 2024, 08:45:43 PM »

Trading is not the same as gambling. I don’t always believe that trading and gambling are similar things. To me these two things are very clearly different, though both of them are involved in high risk and high probability of losing your money, but to me the losses in trading can be reduced if you have the knowledge of trading,

while in gambling you can’t because you just predict and wait for the outcomes of the predicted while in trading you will be the one checking the market, managing the risk, and other things to avoid the risk, which is not possible in gambling. Also, trading can be for a long time, while gambling is just for some minutes or an hour.
First of all, I said Trading is similar to gambling, and not trading is the same as gambling. And secondly, it's true that trading and gambling may have a few differences but still, they're a lot more similar in many ways than you can imagine. Trading involves taking risks, and application of strategies to either mitigate the risk of losses and to also improve one's profit, but at the end these strategies are not 100% certain that you'll make profit, and this is just equally the same with gambling. There are methods one could employ to increase one's chances of winning as well as to mitigate losses, and while these strategies are no guaranteed, they're still very much effective.
The only difference I think trading has with gambling is the fact that success in gambling is totally dependent on luck, while trading depends more on strategies. Asides this, they're pretty much alike.

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Re: Are you new? So stay away from trading.
« Reply #141 on: October 04, 2024, 08:45:43 PM »


Offline JoyMarsha

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Re: Are you new? So stay away from trading.
« Reply #142 on: October 05, 2024, 10:09:06 PM »
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.
Not everyone in the crypto space wants to dive into trading; they prefer Investment to trading because that's way better when analyzing the risks and losses involved.

Never has it been made in the crypto space for trading to be a must for one to be involved with. It's optional stuff if I am to say, likewise crypto investment. However, everyone in the crypto space would think of doing away with the one they find less interest in, and dive into the one that is much better for having good profits than losses

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Re: Are you new? So stay away from trading.
« Reply #143 on: October 06, 2024, 04:47:40 PM »
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.
Not everyone in the crypto space wants to dive into trading; they prefer Investment to trading because that's way better when analyzing the risks and losses involved.

Never has it been made in the crypto space for trading to be a must for one to be involved with. It's optional stuff if I am to say, likewise crypto investment. However, everyone in the crypto space would think of doing away with the one they find less interest in, and dive into the one that is much better for having good profits than losses
He never said trading was mandatory or compulsory for newbies, if I’m not mistaken what he said was that trading isn’t as easy as investing and gambling. But honestly, trading and gambling as just almost the same, they have more similarities than you can imagine you know, I think the only difference between trading and gambling is the fact that gambling success is majorly dependent on luck and maybe chances while trading success depends more on strategical analysis. Asides this, the both concepts are just the same, from the risk level to the unpredictability, it’s just the same.

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Re: Are you new? So stay away from trading.
« Reply #144 on: October 06, 2024, 07:25:38 PM »
He never said trading was mandatory or compulsory for newbies, if I’m not mistaken what he said was that trading isn’t as easy as investing and gambling. But honestly, trading and gambling as just almost the same, they have more similarities than you can imagine you know, I think the only difference between trading and gambling is the fact that gambling success is majorly dependent on luck and maybe chances while trading success depends more on strategical analysis. Asides this, the both concepts are just the same, from the risk level to the unpredictability, it’s just the same.
We cannot say that trading and gambling are almost same but yes you don't know what is trading and what is the Psychology behind of trading then it is also natural that you will say trading has the similarities to the gambling. And yes most of all us doing gambling instead of trading because we don't know the analysis and don't do it and make investments on just of simple predictions.
And I will also say that both concepts are purely different we will not see the differences if we saw it from our genegeneral eyes if we saw this as an trading we will finds the differences.

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Re: Are you new? So stay away from trading.
« Reply #145 on: October 06, 2024, 09:31:16 PM »
He never said trading was mandatory or compulsory for newbies, if I’m not mistaken what he said was that trading isn’t as easy as investing and gambling. But honestly, trading and gambling as just almost the same, they have more similarities than you can imagine you know, I think the only difference between trading and gambling is the fact that gambling success is majorly dependent on luck and maybe chances while trading success depends more on strategical analysis. Asides this, the both concepts are just the same, from the risk level to the unpredictability, it’s just the same.
We cannot say that trading and gambling are almost same but yes you don't know what is trading and what is the Psychology behind of trading then it is also natural that you will say trading has the similarities to the gambling. And yes most of all us doing gambling instead of trading because we don't know the analysis and don't do it and make investments on just of simple predictions.
And I will also say that both concepts are purely different we will not see the differences if we saw it from our genegeneral eyes if we saw this as an trading we will finds the differences.
I’m still of the opinion that trading and gambling are almost the same and have more similarities than anyone can ever imagine. And your still yet to convince me that it’s a totally different concept. I’ve already pointed out my reasons to why I believe both concepts are relatively the same with very small differences, which I have also pointed out, asides that, the approaches are just the same, risk tolerance, unpredictability and even the approach. And until you convince me that they’re both very different, I’ll still maintain my opinion.

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Re: Are you new? So stay away from trading.
« Reply #146 on: October 07, 2024, 08:26:30 PM »
I’m still of the opinion that trading and gambling are almost the same and have more similarities than anyone can ever imagine. And your still yet to convince me that it’s a totally different concept. I’ve already pointed out my reasons to why I believe both concepts are relatively the same with very small differences, which I have also pointed out, asides that, the approaches are just the same, risk tolerance, unpredictability and even the approach. And until you convince me that they’re both very different, I’ll still maintain my opinion.
You have the freedom of speech and I don't want have right about say anything about your opinion. But my opinion are not same as you because trading and gambling are not the yes it will when you are new and don't know the same. But yes if we talk about the future trading then may we find the similarities because here you can loose all your coin at once as like gambling but when we are in spot trading it is not the same because in there the assets are our coin and values will be goes up and downs but you will not gonna loose your fund at once which you do in gambling.

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Re: Are you new? So stay away from trading.
« Reply #147 on: October 07, 2024, 10:56:17 PM »
You have the freedom of speech and I don't want have right about say anything about your opinion. But my opinion are not same as you because trading and gambling are not the yes it will when you are new and don't know the same. But yes if we talk about the future trading then may we find the similarities because here you can loose all your coin at once as like gambling but when we are in spot trading it is not the same because in there the assets are our coin and values will be goes up and downs but you will not gonna loose your fund at once which you do in gambling.
When I say the both concepts are almost the same, I'm not talking about losing one's fund all at once, there are some kind of games you gamble on, you don't lose everything all at once, you'll lose gradually, it is when you fail to realize that it's time to call it a quit and keep on playing, that's when you lose everything. When you are trading on a token, and you buy the token, with expectations that the price of the token will appreciate, and then things turn to be the opposite and begins to drop gradually, that's when you start losing and then you fail to realize that it's time walk away with what's left,  with hopes that the prive will go up and unfortunately the price drops to zero, boom you lose everything. And you still don't think the both scenarios are the same?

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Re: Are you new? So stay away from trading.
« Reply #148 on: October 08, 2024, 09:57:58 AM »
It is very important that an investor should refrain from taking too hasty decisions and take the right decision after reviewing the market conditions. A novice investor should start with steady accumulation from his discretionary income and stick to the long term trend. An investor should tend to continuously accumulate cryptos until his portfolio is of a decent size so that he can opt for short-term trading at a later stage.
Actually we are talking about newbie trader here but it is okay if you also want to discuss about newbie investor. Sure, it is almost the same as newbie trader, there is no need too hurry. Both newbie trader and newbie investor should take time to learn everything carefully first. This way will minimize the chance of severe losses, this also will increase the chance for the success both in trading and investment. Having good portfolio isn't an easy thing, it must through deep analysis. Only people who have good knowledge that can do deep analysis or research.
From my own perspective, it is only traders that needs deep knowledge and also much time to learn trading. An investor who wants to invest only in bitcoin and not altcoins only need the basic knowledge of bitcoin for him to start investing if his plan is to invest and hodli for a long term because he is only to be buying and not selling. If you are a short-term investor, it means that you are a trader, because invesment should be for a very long period of time in order for the investor to build, grow and noture the investment.

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Re: Are you new? So stay away from trading.
« Reply #149 on: October 08, 2024, 10:18:30 AM »
Due to the very volatile nature of the crypto market, trading is considered a very bad idea, especially for the newbies in the space, although crypto trading can be exaggerated, thereby making people think and feel like it is actually the easiest way to make profit out of the crypto market, while it is the contrary.

A lot of people may think that trading in cryptocurrency can be a lot easier and many newbies got involved without readying themselves first. While I am not advising anyone to stay away from crypto trading all because there is really a big potential here to make big money, what we should promote is education. One has to learn the basics and then slowly get into the advanced level so as to minimize the risks involved. When one is not inclined to invest on educating himself, it would be good to just HODL for the long-term.


 

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