Should trading in Cryptocurrency or not if yes then it is easy.??

[kai]

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Trading in cryptocurrency is very difficult, requires a strong mentality, requires cold capital (funds that are ready to be lost when losing), requires experience and also requires patience. Don't expect trading in cryptocurrency to make money very quickly because every day is also very fast for losses from each coin trade.
Bitcoin which is considered safe and targeted by all investors also has an unpredictable price, it is also difficult to trade. Moreover, trading altcoins that literally imitate the way Bitcoin works and its perfection is still far from Bitcoin.

[LUCKMCFLY]

          -      We know here that trading in cryptocurrency is not easy, which is really true. If those who know a lot about crypto trading often make mistakes, how about those who are just starting out? Although trading is our main source to get trading.

And it's a long process before we experience the so-called passive income; once we get the hang of trading, it's impossible not to get a profit every day.

It is like that, of all the professions, so much is learned in trading, in investing, that I consider that this thing of market speculation, investment should become a university degree, because every day, every week, every year you learn constantly, there is no formula that guarantees winning, that is something impressive, I personally would say that things in trading will always be risky, but it is a way of life that always keeps us alive, with emotions, with adrenaline at full blast, I see it as a way to stay young or get old faster.

[dekafee79]

It is like that, of all the professions, so much is learned in trading, in investing, that I consider that this thing of market speculation, investment should become a university degree, because every day, every week, every year you learn constantly, there is no formula that guarantees winning, that is something impressive, I personally would say that things in trading will always be risky, but it is a way of life that always keeps us alive, with emotions, with adrenaline at full blast, I see it as a way to stay young or get old faster.

We have to learn many things in trading, although many people say that the basis of trading is making fundamental and technical analysis, but sometimes when making it, it turns out to be different from our predictions, we must always adjust our strategies and plans to market conditions that are always changing and difficult to predict.

[Themepen]

Trading in cryptocurrency is very difficult, requires a strong mentality, requires cold capital (funds that are ready to be lost when losing), requires experience and also requires patience. Don't expect trading in cryptocurrency to make money very quickly because every day is also very fast for losses from each coin trade.
Bitcoin which is considered safe and targeted by all investors also has an unpredictable price, it is also difficult to trade. Moreover, trading altcoins that literally imitate the way Bitcoin works and its perfection is still far from Bitcoin.

I completely agree that trading cryptocurrencies requires special mix of mental strength, financial readiness, experience and patience. Cryptocurrency markets are extremely unpredictable making big losses constant possibility. Even Bitcoin which is considered relatively safe has unpredictable price changes.

Trading other cryptocurrencies called altcoins which mostly copy Bitcoin behavior is even riskier because they are not as reliable as Bitcoin. Investors need to be realistic about their expectations and understand that trading cryptocurrencies is high risk and long term investment.

[Faisal2202]

It is true that trading isn't easy to do. Although we have proper knowledge, it is not enough to succeed in trading, we also need a good experience. Both knowledge and experience are needed in trading, this is the main factors to increase the chance of success. If we have good experience, I am very sure we also have good mentality. Sometimes the weak of mentality lead to a severe lose in crypto trading, that's why the mentality aspect is also necessary. I think the people who have no good mentality, they don't deserve to join crypto trading because it will be quite difficult for them.

But newbies don't have experience so they must not demotivate themselves if they are reading this, but debra I can't agree more with you, sometimes I look upon my old ways of how I trade, even in the future I used to trade on the basis of my instincts. I mean, I did not have any knowledge about how the market moves as I have now, I was not aware of many terms like I am now. In short, now I am way better than before, which is a good thing.

But I don't have the practical experience in trading, I trade often, and I always was so lazy to book the profit and always made losses by keeping tokens in my holding for extra time when I had to sell them to book profit when the time was right.

[LUCKMCFLY]

We have to learn many things in trading, although many people say that the basis of trading is making fundamental and technical analysis, but sometimes when making it, it turns out to be different from our predictions, we must always adjust our strategies and plans to market conditions that are always changing and difficult to predict.

I always look for a way to have a plan to be able to execute a trading action well, but what I do have as a first option is that for a day of trading I do not allow myself to lose more than 5usd, if I do 3 operations and if I do not recover those 5 during the day, I operate another day , because I know that that day I did not think as it is and I am not seeing trading in the correct way and I try to learn why it was that I could not win , sometimes only in that I learn much more, the fundamentals are always the best to guide us, but it is always as a guide but not something that is always reliable, that is a fact.

[albon]

Once you know the basics of crypto trading, it's not too difficult to get started. So before starting trading first practice trading then make money fun and develop risk taking mindset. Moreover for a novice crypto trader, a strategy is important as it gives the trader a framework on which to base their trades. This is very important as it helps the trader to avoid unnecessary decisions in an unpredictable market. That is, it helps to deal with the problem of quick decision making and maintaining focus in the face of various external factors affecting the market.

[jay_edwards]

As for me, it's really hard to trade and it takes a lot of time to study this. I usually just swap crypto, when I need stable or vice versa. DYOR

[royalRitta]

As for me, it's really hard to trade and it takes a lot of time to study this. I usually just swap crypto, when I need stable or vice versa. DYOR

Some people use stables for big conversions and get a cut for it at the end of the process, though, I think learning trading would be more beneficial in the long run.

[albon]

As for me, it's really hard to trade and it takes a lot of time to study this. I usually just swap crypto, when I need stable or vice versa. DYOR

Some people use stables for big conversions and get a cut for it at the end of the process, though, I think learning trading would be more beneficial in the long run.

To be honest, making money in the trading market is not an easy task. In fact it is like setting up any other business where you have to take a lot of risk to make money. The beginning may not be profitable but you will become profitable with time as you improve your skills. You just need to learn along the way to be able to achieve your trading goals. Because if you don't prepare yourself well for the market, you won't understand what is happening in the market and you won't even be able to take the right action.

[pieppiep]

As for me, it's really hard to trade and it takes a lot of time to study this. I usually just swap crypto, when I need stable or vice versa. DYOR

Some people use stables for big conversions and get a cut for it at the end of the process, though, I think learning trading would be more beneficial in the long run.

To be honest, making money in the trading market is not an easy task. In fact it is like setting up any other business where you have to take a lot of risk to make money. The beginning may not be profitable but you will become profitable with time as you improve your skills. You just need to learn along the way to be able to achieve your trading goals. Because if you don't prepare yourself well for the market, you won't understand what is happening in the market and you won't even be able to take the right action.

You are so right, I agree with you, that most of the time, to make money in the trading market one does need to work for it and have the courage to take a risk just like when one is starting a business. Skills developed take time to yield profits while on the other side loses are part of the deals during skill development. Precisely for this reason, it is necessary to be prepared to encounter difficulties and recognize that beneficial market positions are not achieved through training, but with practice.

The last thing we want is for things to fail and that means that proper preparation is a must do. This means that without understanding the dynamics of the market, we will always fail to make the right decisions, and will also fail to make the most of opportunities available. So the crucial steps need to follow trends, to learn technical analysis, and to build risk management strategies are the ways on how to become better to make the right decisions in the market. I believe that the primary goal is always to wait for what compatibility lessons show, and continue learning patience and consistency in the markets.

[enoch_from_off]

As for me, it's really hard to trade and it takes a lot of time to study this. I usually just swap crypto, when I need stable or vice versa. DYOR

Some people use stables for big conversions and get a cut for it at the end of the process, though, I think learning trading would be more beneficial in the long run.

To be honest, making money in the trading market is not an easy task. In fact it is like setting up any other business where you have to take a lot of risk to make money. The beginning may not be profitable but you will become profitable with time as you improve your skills. You just need to learn along the way to be able to achieve your trading goals. Because if you don't prepare yourself well for the market, you won't understand what is happening in the market and you won't even be able to take the right action.

Yeah, lots of determination should be put to work, and expertise from other traders would be much appreciated along the way.
That's why we've got great communities like the one there to share our experiences or strategies, testing them out and sharing the results, etc.
Only afterward, you will see results from trading.

[albon]

As for me, it's really hard to trade and it takes a lot of time to study this. I usually just swap crypto, when I need stable or vice versa. DYOR

Some people use stables for big conversions and get a cut for it at the end of the process, though, I think learning trading would be more beneficial in the long run.

To be honest, making money in the trading market is not an easy task. In fact it is like setting up any other business where you have to take a lot of risk to make money. The beginning may not be profitable but you will become profitable with time as you improve your skills. You just need to learn along the way to be able to achieve your trading goals. Because if you don't prepare yourself well for the market, you won't understand what is happening in the market and you won't even be able to take the right action.

Yeah, lots of determination should be put to work, and expertise from other traders would be much appreciated along the way.
That's why we've got great communities like the one there to share our experiences or strategies, testing them out and sharing the results, etc.
Only afterward, you will see results from trading.

Trading is a craft and a difficult one. Trading depends on your skills so the more you practice the more you will become. So don't believe anyone who says the opposite. Run away from people who claim they have found a surefire way to make money. If it was true they wouldn't tell anyone. Trade very very small for a long period of time. Any percentage you trade will be greater than your ignorance for a long time. Consider trading longer time frames first to avoid noise, this will improve your chance.

[ajiz138]

Trading is a craft and a difficult one. Trading depends on your skills so the more you practice the more you will become. So don't believe anyone who says the opposite. Run away from people who claim they have found a surefire way to make money. If it was true they wouldn't tell anyone. Trade very very small for a long period of time. Any percentage you trade will be greater than your ignorance for a long time. Consider trading longer time frames first to avoid noise, this will improve your chance.

Yes, it is better to avoid people who say that they have found a strategy that then makes it easier for them to gain profit in trading, because trading is not that easy to do.

I agree with you that when they find a way then they might prefer to enjoy it themselves. Knowledge and experience will make us better in trading, so it is better to focus on always learning than to believe people who say something easy in trading.

[dekafee79]

Trading is a craft and a difficult one. Trading depends on your skills so the more you practice the more you will become. So don't believe anyone who says the opposite. Run away from people who claim they have found a surefire way to make money. If it was true they wouldn't tell anyone. Trade very very small for a long period of time. Any percentage you trade will be greater than your ignorance for a long time. Consider trading longer time frames first to avoid noise, this will improve your chance.

Yes, it is better to avoid people who say that they have found a strategy that then makes it easier for them to gain profit in trading, because trading is not that easy to do.

I agree with you that when they find a way then they might prefer to enjoy it themselves. Knowledge and experience will make us better in trading, so it is better to focus on always learning than to believe people who say something easy in trading.

I agree that we should trust our own analysis and strategy, because it is impossible for someone who has found a good strategy to share it with us without taking advantage of us because they will be more focused on trading with a strategy that they think is successful and focus on that. There will be no time to share.