Be knowledgeable before thinking of trading.

[vegasus]

Yeah, you are right. But what I'm saying is, some people are so much focus on profit so that they don't know what they exactly needed. They skip the basics and procced to advance which could lead to confusion. We all know how important the basics in any aspects of life, we can't proceed to advance without basics. It's the key for us to understand advance. Sometimes, even just basic knowledge about analysis as long as you pair it with psychology and risk management, you become profitable.

If we want to go to a professional level in one thing, we first need to know the basics of those things well. This is the not different in the case of trading. Moreover, from my personal point of view, what I think is that if someone does not know the basics of trading, they will not go on the right path to advance to the next level and will only waste their money by going on the wrong path.

Of course, how else, how can we be professional if we don't really understand what we are doing. In daily activities, having certain knowledge when doing something is very important, it is indeed basic. Don't forget that we do things blindly, completely blind without any knowledge at all for trading. This will really end badly and will not go smoothly. Although having knowledge does not guarantee that trading will always be 100% successful, at least, it is much more prepared and better than without knowledge.

[ZAINmalik75]

As a beginner on crypto trading, it is not advisable to start with future and margin options trading that involves leverages. Many instructors, who you referred as brokers always begin with newbies on future/margin trading, unfortunately, many of them end up with heavy losses because they have no experience to manage risk especially  taking leverages.
Again, it is not proper to start teaching newbies the future options with leverage, instead, newbie should start the basic trading lessons on how to trade the spot market.
It is better for newbies to start learning the sport trading options to gain the necessary experiences  before embarking on leverages trading like, future/margin options.

I agree future trading is difficult and beginners should avoid it but almost every beginner without any knowledge starts a future trade and makes huge losses later they realize spot trading is like having 2nd chance. In the future traders get liquidated but in spot they won't and if the trade go against our prediction we can still hold our tokens until we recover loss.

Teaching newbies future options is better than saying them do future trading because without any knowledge they will lose all of their money but I agree that future trading should be avoided until newbies understand how cryptomarket make move.

[milewilda]

As a beginner on crypto trading, it is not advisable to start with future and margin options trading that involves leverages. Many instructors, who you referred as brokers always begin with newbies on future/margin trading, unfortunately, many of them end up with heavy losses because they have no experience to manage risk especially  taking leverages.
Again, it is not proper to start teaching newbies the future options with leverage, instead, newbie should start the basic trading lessons on how to trade the spot market.
It is better for newbies to start learning the sport trading options to gain the necessary experiences  before embarking on leverages trading like, future/margin options.

I agree future trading is difficult and beginners should avoid it but almost every beginner without any knowledge starts a future trade and makes huge losses later they realize spot trading is like having 2nd chance. In the future traders get liquidated but in spot they won't and if the trade go against our prediction we can still hold our tokens until we recover loss.

Teaching newbies future options is better than saying them do future trading because without any knowledge they will lose all of their money but I agree that future trading should be avoided until newbies understand how cryptomarket make move.

Trading is never been easy and it would never be and thats why tons of people will really be to fail on trading because this isnt a skill that you could really be easily obtained.It will be taking up that long time and tons of effort before you can acquire such skills and this is why on the moment that you are really that trying out to dive in with this market, then make it sure that you do really know at least on what you are really that indeed doing.  Mistakes are common but you should be that trying out to learn and sustain yourself because learning up this skill isnt something that you can be able to do it on a short period of time.

[DragonF]

Trading is never been easy and it would never be and thats why tons of people will really be to fail on trading because this isnt a skill that you could really be easily obtained.It will be taking up that long time and tons of effort before you can acquire such skills and this is why on the moment that you are really that trying out to dive in with this market, then make it sure that you do really know at least on what you are really that indeed doing.

Trading is not easy as you mentioned, but it is possible to learn the fundamentals of trading. People learn to trade. Trading is not about luck. It relies heavily on analysis and market knowledge. Unfortunately, some traders, especially newbies, trade without any trading knowledge, and these traders quickly abandon trading because trading becomes too difficult for them due to their lack of knowledge of trading analytics. 

Mistakes are common but you should be that trying out to learn and sustain yourself because learning up this skill isnt something that you can be able to do it on a short period of time.

A trader cannot learn trading without making mistakes. Mistakes can help a trader improve his or her knowledge of trading. When a trader makes a mistake, he tries to avoid repeating it. When he avoids such mistakes, he gradually becomes an expert trader who is confident of making profits. Thus, mistakes are inevitable for traders, and no trader should be afraid to make them. If a trader is afraid of losing money because of his mistakes, he is not ready to learn how to trade. 

[jeraldskie11]

Yeah, you are right. But what I'm saying is, some people are so much focus on profit so that they don't know what they exactly needed. They skip the basics and procced to advance which could lead to confusion. We all know how important the basics in any aspects of life, we can't proceed to advance without basics. It's the key for us to understand advance. Sometimes, even just basic knowledge about analysis as long as you pair it with psychology and risk management, you become profitable.

If we want to go to a professional level in one thing, we first need to know the basics of those things well. This is the not different in the case of trading. Moreover, from my personal point of view, what I think is that if someone does not know the basics of trading, they will not go on the right path to advance to the next level and will only waste their money by going on the wrong path.

It will be more difficult for us especially if we skip to advance without studying the basics. If we only learn the basics when we have already advanced trading analysis and lost already some of our trades, it is possible that we will be more confused and it will be more difficult on how to connect the basics to your advance learnings. This is also the reason why mentors teach the basics before they continue to advance.

[sagarmota10]

Yes as market behaved last 15 days many trades got lequidated very hard including me as well.

In bull market there are same crash will come and lequidated both site longs and sort so as of my mind set from next few month to be the hold your spot bag and just chill.

[armanda90]

It will be more difficult for us especially if we skip to advance without studying the basics. If we only learn the basics when we have already advanced trading analysis and lost already some of our trades, it is possible that we will be more confused and it will be more difficult on how to connect the basics to your advance learnings. This is also the reason why mentors teach the basics before they continue to advance.

Studying about basic in cryptocurrency very important because how to keep our assets secure and not wrong way when withdrawing or deposit fund, learn more in cryptocurrency make us have more knowledge and most important for trader or holder because their assets speculation in the future will reach to higher price or keep going down.
Need mentor for cryptocurrency actually yes but don't make your trading way depend all from mentor, most of them take advantage from beginner to buy their coins but at selling position. So after having mentor you must make self research for buying any coins although have recommended firstly by mentor.

[Mr. Magkaisa]

            -      You know, trading is like a school, where you are the student who is needed if you are going to enter the field industry of trading business,
you must insist on studying it properly and correctly.

Because trading, as most experienced traders say, is not easy to do to generate profit, but if you study properly, it will definitely be a passive income for you in the end.

[jeraldskie11]

Yes as market behaved last 15 days many trades got lequidated very hard including me as well.

In bull market there are same crash will come and lequidated both site longs and sort so as of my mind set from next few month to be the hold your spot bag and just chill.

When there are events of big falls in the market and then the price goes up again, it is called market manipulation. I think that's what happened to you. We're still in the bullish season and it's just started, so it's definitely manipulation. We can prove that when after liquidating the majority of the traders the price plunges upwards. We can't control it so we should get into the habit of putting a stop-loss to avoid liquidation.

[Crypto Library]

It will be more difficult for us especially if we skip to advance without studying the basics. If we only learn the basics when we have already advanced trading analysis and lost already some of our trades, it is possible that we will be more confused and it will be more difficult on how to connect the basics to your advance learnings. This is also the reason why mentors teach the basics before they continue to advance.

Without a doubt, there can be no real value in advanced level without basics because if one does not learn basic, one will not be able to learn advanced level. Rather, if one applies it instead of learning at advanced level, then one will not get any output except loss or failure. And besides, I think basic knowledge is the ladder to the advanced level. Just as you can't climb to the second floor of a building without stairs, you can never reach the advanced level without basic knowledge.

[ZAINmalik75]

Trading is never been easy and it would never be and thats why tons of people will really be to fail on trading because this isnt a skill that you could really be easily obtained.It will be taking up that long time and tons of effort before you can acquire such skills and this is why on the moment that you are really that trying out to dive in with this market, then make it sure that you do really know at least on what you are really that indeed doing.  Mistakes are common but you should be that trying out to learn and sustain yourself because learning up this skill isnt something that you can be able to do it on a short period of time.

Future trading is surely hard but it is not that difficult and in order to learn something we must not make that thought big because that way we cannot overcome the fear and learn really how to trade. Our main aim while learning should be to practice too.

I agree with that we cannot learn future and margin trading on short period of time because it required proper analysis and knowledge and without both we will be making blind trades which can liquidate us and can make us profit too. Newbie in bull run make decent profit via future trades but with time they don't know when to stop and liquidate all that money.

[JISAN]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

Trading involves money so there will be risk and since crypto is very volatile so there is very high risk.  So no one can deny that one must have good knowledge about trading to trade.  A lot of money can be profited through trading but it requires patience and risk taking ability as well as knowledge about trading.  While trading many people think that they can profit very quickly from now on which causes them to panic which leads to their losses.

[doc]

Trading have a wide knowledge,you must learn the basic foundation as a beginner,trading is not a platform you rush into,according to traders they say knowledge is power,you must know the broker to trade with,and also trading brings out patience in you,and remember you must start small and know your limits of trading.

Trading involves money so there will be risk and since crypto is very volatile so there is very high risk.  So no one can deny that one must have good knowledge about trading to trade.  A lot of money can be profited through trading but it requires patience and risk taking ability as well as knowledge about trading.  While trading many people think that they can profit very quickly from now on which causes them to panic which leads to their losses.

People who think in trading can make money quickly are those who have not known trading for long, usually newbies. because in trading the risk is very high and the crypto market is very volatile so we must have knowledge and experience in order to make the right analysis. Because if our analysis and strategy are wrong, we will not get profit in trading.

[Penlex_Writer]

As what I understand, trading is a never-ending cycle of learning...aside from technical matters you will also learn a lot from your mistakes especially when you made a loss and then you also learn from the strategies as well as mistakes of other traders. Now, actually you don't have to be a genius to start trading as long as you really have the passion, time and some capital that you can use in this industry. Trading is open to anyone but of course trading is not for all people as this is not as easy as walking in the park and yes there are many opportunities for wealth generation here as well as many possible risks involved. So one has to be careful while looking forward to soon experience financial freedom gained from working anywhere and anytime you wanted to.

I agreed with you,you must bear a loss and also learn from it.

[Penlex_Writer]

Yes, trading is not just a fun outing to make easy money, it is a long journey of learning, patience, mistakes and learning until you gain the knowledge and experience that qualifies you to be a good trader.

Even if you become a good trader, you will continue to learn and gain experience. I do not believe there will be any trader who is so good that he has nothing to learn again. However, it is proper to understand the fundamentals of trading, and as you mentioned, patience is essential for learning the fundamentals. Thereafter, experiences can be gained and other knowledge can be formed the more he trades.

The first step in trading is learning, many people make mistakes and start trading immediately without knowledge because they think trading is easy, it is just buying at a low price and selling at a higher price, when they start receiving successive losses they realize their mistake and realize that trading is much deeper and broader than that.

This mistake is so common because people are always eager to make money, so they try to avoid the learning process as much as possible in order to start earning right away. In some cases, they rely on an expert trader to trade for them or give them instructions on how to trade in order to make immediate gains, but they still feel the gap when they try to trade for themselves because they ignored learning the fundamentals.

yea in trading we catch up experience everyday,there is no perfect trader.