Many beginners think so, even as if trading is easy, just buy cheap and sell at expensive prices.
But in fact it is not that simple, there are many obstacles that will occur, one of which is knowledge about how to analyze the market and untrained mentality.
Indeed. It is not as simple as the newbies think.
Even if it is easy in theory, it is sometimes difficult in implementation.
Those newbies who have luck of knowledge and experiences, they don't know how to do it properly.
Untrained and inexperienced metals mental will be more prone to panic when the crypto market plummets, and at this point the mentality will be greatly affected. It only occurred to me to sell it quickly as the price continued to fall.
Of course, when they have no experience and lack of knowledge, they will have weak mentality. That's why many newbies easily panic when they see a dump in the prices. And they are too greedy when they see the prices easily grow up.
People who learn years about trading will also not be a guarantee they will understand and be smart in trading.
It is also about how they learn, know management and how they should control their emotions while trading.
Even if there is no guarantee, but they will have a higher chance to succeed. Having knowledge is a key to succeed, we can't rely on the luck in trading. Another factor is surely about the mentality, that's why we need to have experiences. With more experiences, it is expected to strengthen out mentality.