Do you really need to be expert to start trading?

[Dr.Bitcoin_Strange]

No you don't have to be an expert before you can start trading, to be an expert in trading you must start from somewhere you can't be an expert without being into trading for long, one thing that makes one an expert in trading is experience and experience comes by how long you have been into something, the more you trade the more experience you become and as time goes on you become an expert and until you become more experience and also an expert in trading you will find it so difficult to make money in trading, i have a friend that is into trading when he developed the interest he  went to be coached and after the coaching he started trading but he was losing money he even wanted to give up  but he continued and now he is now an expert in trading and he is making so much money now in trading he is gaining more than he lose.

So in trading you need to grow to experience and growing that experience you need to stay in trading for years, trading is very difficult is not easy to succeed in trading because you will have to lose money, if you are not determine you can't involve yourself in trading because it takes people who has determination to continue to becoming an expert in trading.

[kulkhan]

I think not need to be expert but i think need experience and need knowledge about trading. Because Trading is not too easy matter. I saw many expert people also loss in trade. So i think we should learn about trading. If newbies start trading without proper knowledge he will be losser there has no doubt. Although anyone can profit one or two times. But that will not continue, it will by chance.

So i think to start trading we need proper knowledge about trading first. For good trader we have to learn more and more then wining possibly will increase.

[Hyphen(-)]

A lot of traders won't recommend trading if you're a newbie because the risk is so high. Maybe they can say that because they experienced it.

I see a lot of posts replies that discourage trading.

I just want to clarify that all profitable traders start from newbie and I believe that they also experience loses.

My only advice for newbie traders is back test your strategy very well and always follow your trading plan. Avoid the market if you can't see any setup that suit your criteria. Be a disciplined person because this is what you really need if you feel like your emotion is trying to control you.

Yes, all profitable traders start as newbies, but remember they do follow due process and take things easily before growing to the position they are now that they can bear the name of experts in trading. But the new people joining the crypto space are just after money, they don't have time to learn because they they are very eager to make money since they might have heard some people are making money from trading.

If newbies to trading can follow your advice, they will be successful, but they always tends to follow any strategy that will give them quick money which is why they don't like sticking to one strategy.

[jeraldskie11]

A lot of traders won't recommend trading if you're a newbie because the risk is so high. Maybe they can say that because they experienced it.

I see a lot of posts replies that discourage trading.

I just want to clarify that all profitable traders start from newbie and I believe that they also experience loses.

My only advice for newbie traders is back test your strategy very well and always follow your trading plan. Avoid the market if you can't see any setup that suit your criteria. Be a disciplined person because this is what you really need if you feel like your emotion is trying to control you.

Yes, all profitable traders start as newbies, but remember they do follow due process and take things easily before growing to the position they are now that they can bear the name of experts in trading. But the new people joining the crypto space are just after money, they don't have time to learn because they they are very eager to make money since they might have heard some people are making money from trading.

If newbies to trading can follow your advice, they will be successful, but they always tends to follow any strategy that will give them quick money which is why they don't like sticking to one strategy.

Realistically speaking, we all here in trading including professional trader because of money. No newbies will not aim for the money that make them enter trading. We just don't have the same perspective on things and have different decision making. Some people mostly rely their decisions to their emotions but some are good at making decisions. In trading, how you look on things is an important aspect that will lead you to become a successful trader.

[MrSpasybo]

I think not need to be expert but i think need experience and need knowledge about trading. Because Trading is not too easy matter. I saw many expert people also loss in trade. So i think we should learn about trading. If newbies start trading without proper knowledge he will be losser there has no doubt. Although anyone can profit one or two times. But that will not continue, it will by chance.

So i think to start trading we need proper knowledge about trading first. For good trader we have to learn more and more then wining possibly will increase.

I've been self-studying trading and have paid a hefty price to the market to gain crucial experiences in psychological management and accepting the cyclical nature of the crypto market. I wish I had been guided by an investment expert from the very beginning, I could have saved a lot of money and not missed out on so many opportunities.

If possible, I believe every newbie should seek support from an expert. This person may not be a successful investor, but he should have the necessary experience to help newbies embark on a professional investment career as smoothly and cost-effectively as possible. Trading principles and market analysis already exist, newbies don't need to reinvent the wheel!

[Agbe]

Not really that one becomes an expert before he can trading. One can start from somewhere. And the most important thing is the basic knowledge of trading and from that basic knowledge you can becomes an expert in the trading. Those experts were not jumped to that level and they started from the basic and even lost enough trading and gained some. So the basic experience is all need at the beginning.

[Yamzakid]

A lot of traders won't recommend trading if you're a newbie because the risk is so high. Maybe they can say that because they experienced it.

I see a lot of posts replies that discourage trading.

I just want to clarify that all profitable traders start from newbie and I believe that they also experience loses.

My only advice for newbie traders is back test your strategy very well and always follow your trading plan. Avoid the market if you can't see any setup that suit your criteria. Be a disciplined person because this is what you really need if you feel like your emotion is trying to control you.

.

Without practice, it is impossible to become an expert trader. You must start somewhere, and from there, you will know where and how to improve. A newbie who aspires to become an expert trader must have a foundational understanding of trading before beginning, trading is extremely risky and difficult even experienced traders lose money and if this is the case, you as a newbie must acquire more knowledge before beginning.

[Sim_card]

A lot of traders won't recommend trading if you're a newbie because the risk is so high. Maybe they can say that because they experienced it.

I see a lot of posts replies that discourage trading.

I just want to clarify that all profitable traders start from newbie and I believe that they also experience loses.

My only advice for newbie traders is back test your strategy very well and always follow your trading plan. Avoid the market if you can't see any setup that suit your criteria. Be a disciplined person because this is what you really need if you feel like your emotion is trying to control you.

.

Without practice, it is impossible to become an expert trader. You must start somewhere, and from there, you will know where and how to improve. A newbie who aspires to become an expert trader must have a foundational understanding of trading before beginning, trading is extremely risky and difficult even experienced traders lose money and if this is the case, you as a newbie must acquire more knowledge before beginning.

Cryptocurrency is volatile in nature and very risky to trade but you can become a good trader if you take your time to learn and have good knowledge on trading. Practice is very important because you must understand and know about the market to have more experience on how the market is like, and thay can be achieved through practice. When practicing as a newbie it is good that you use the amount of money that you can afford to lose to practice so that you don't run at much losses. It is not easy to be a professional trader but you can achieve it with when you are determined to.

[Gurujebs]

Cryptocurrency is volatile in nature and very risky to trade but you can become a good trader if you take your time to learn and have good knowledge on trading. Practice is very important because you must understand and know about the market to have more experience on how the market is like, and thay can be achieved through practice. When practicing as a newbie it is good that you use the amount of money that you can afford to lose to practice so that you don't run at much losses. It is not easy to be a professional trader but you can achieve it with when you are determined to.

It's the beauty of that volatility that makes crypto to be unique, without it there wouldn't be this such kind of profit people are making from here but then if you understand how to ride the profit, you will last long here and you will make money from it because the profit you make depends on how volatile that coin was but it should be on the profit side and not the loss.

If you understand the crypto market, have the resources to trade, there is a lot to be made from the market here especially during green time where you get to make money than the loss.

[albon]

A wise approach to any type of investment is to minimize the initial outlay while maximizing the potential for profit. So a new trader should research and practice well and don't start trading until you are experienced. When you are new you should trade with small capital so that the amount of loss is less. Then trade with bigger capital when you get small profit.
You need to be patient and work hard to get a stable income that can improve your quality of life. Patience can ensure that you gain the necessary experience, while hard work helps you gain knowledge. Keep all this in mind and keep researching trading.

[taufik123]

-snip-
If you understand the crypto market, have the resources to trade, there is a lot to be made from the market here especially during green time where you get to make money than the loss.

Don't just expect green time, you can also take advantage of red time to buy more so that there will be more profits to be made when the market returns to green time.

Having knowledge about trading and how to do that analysis will be very supportive to be able to make more on trades.
Requires good trading knowledge to be able to survive, no need to become an expert but with you knowing the basic knowledge of trading is also enough, but of course all of that must develop and strive to become an expert in trading.

[lepbagong]

-snip-
If you understand the crypto market, have the resources to trade, there is a lot to be made from the market here especially during green time where you get to make money than the loss.

Don't just expect green time, you can also take advantage of red time to buy more so that there will be more profits to be made when the market returns to green time.

-#-

Yes, I have to admit and agree with what you said that the situation when it is red is the right time to sort out what has the potential to increase, and we buy it and hold it until it returns to green.
That's what to do for short-term trading, because the situation is very supportive for doing that, so don't miss the opportunity that may not be obtained again.
Time is still quite long, so this incident will continue to occur between going down and up will be fast. That's an opportunity to make a difference in profit.

[Jating]

-snip-
If you understand the crypto market, have the resources to trade, there is a lot to be made from the market here especially during green time where you get to make money than the loss.

Don't just expect green time, you can also take advantage of red time to buy more so that there will be more profits to be made when the market returns to green time.

Of course, market is very volatile and so it will not be green all the time. And perhaps it is also good for traders to see this kind of movement, at least they can learn how to make money in either green or red candles.

Having knowledge about trading and how to do that analysis will be very supportive to be able to make more on trades.
Requires good trading knowledge to be able to survive, no need to become an expert but with you knowing the basic knowledge of trading is also enough, but of course all of that must develop and strive to become an expert in trading.

At least basic knowledge will be enough and then as you go along, you can progress yourself to learn more complicated analysis and trading pattern. And that's what the mindset of every traders, to learn something new every time they trade and willing to learn in the end. So in the beginning, some basic and as you mature then who knows, maybe you will become an expert and with that comes big success and more profits.

[BitMaxz]

Don't just expect green time, you can also take advantage of red time to buy more so that there will be more profits to be made when the market returns to green time.

-#-

Yes, I have to admit and agree with what you said that the situation when it is red is the right time to sort out what has the potential to increase, and we buy it and hold it until it returns to green.
That's what to do for short-term trading, because the situation is very supportive for doing that, so don't miss the opportunity that may not be obtained again.
Time is still quite long, so this incident will continue to occur between going down and up will be fast. That's an opportunity to make a difference in profit.
[/quote]
I think that's not short-term trading what he means is to do a DCA when the market is red meaning it needs patience until the market turns to green.
Unless he is talking about future trading but it's not.

The market is not stable but as you can see on the chart it is following some patterns you should be able to make some profit from support and resistance even 5% to 8% should be enough profit for every week or 2 weeks compared to bank 3% per annum. It still profits and you need to wait for the opportunity to buy at the dip price doing it with the DCA strategy I'm sure will make you profit until the market change to green season.

[Ricardo11]

Practice and experience will always lead you to perfection. The more a beginner learns the more perfect he becomes. He should learn all the time, know everything well, go to a trading expert and know everything about the risks and possibilities of trading. And always practice demo trading. Demo is very important for a newbie. And start with a small amount of money, which you can afford to lose.