Bitcoin Forum

Trading cryptocurrencies isn't meant for everyone dude, to me, trading looks like charming stuff but most dangerous to inexperience traders. Recently, I saw a potential signal on Binance with CHR but was disappointed after my order as the altcoin get dipper. I regretted my actions as staking altcoins would have brought me good rewards. Don't trade dudes let start staking our little altcoin stash. Despite our efforts to ensure we make some progress, the industry doesn't give us a chance. As an inexperience trader before now,  how do metamorphosed to become experience in trade?.

 Does it mean inexperience traders aren't born to trade?.

Well, as the name suggest, inexperienced traders means they're inexperienced. They're bound to make more mistakes instead of calling the right decision. There's no way to solve this except practice and investing a lot of time to improve your skills.

Staking is a good idea, but only if you choose the right coin to stake. Some coins use inflationary model where 80% of their supply is released every year or so which makes your coins less and less valuable.

exactly! not all staking coins are worth your resources. most of them will lose their value by the time you decided to sell it in the market. so you also need to study the coins that you want to stake. their future and if there's active development going on.
 also trading really needs experience. but even inexperienced traders can participate in trading. because thats where expert traders came from. but only start with very small capital or capital that you can very well afford to lose. gain some tips and tricks before you move on to using bigger funds.

Just like the topic stated, do not trade if you're inexperienced. Inexperience in trading do lead to losses except if you have a stroke of luck in a trade which is jot very frequent.
Rather than trade without experience, it is better to just buy coins and stake. Although this requires some level of knowledge too, it possesses less risk as compared to trading.
What I do advise newbies to do is to gather as much knowledge and skills as possible before one ventures into trading so as not to get burnt

  Experienced traders didn't get it by seeking if they where born for it, they worked/learned and practiced.
There are things I consider talent music, football, acting, basketball and so on, but talent needs to be groomed/nurtured.

Amateur traders are very often
+Rash
+ Ambiguous/greedy
+ Impatient/not-committed to learning
+ Assimilate/taking failure as eternal.

Don't badge in into trading with blind folded steps.

Everything can be studied and be able to learn, those experienced trader once a inexperienced trader that just study and do research how to be a trader. Better stydy first before risking or putting any money in any exchange or wallet. While holding and staking can be good to those who didn't want to trade yet, but once they atleast try to learn to trade and got a success trade they will sure seek more to do it. Sometimes just trying it can help or having a coach or guide to do it even simulation trading app can help too.

I had a tiny trade account that had $93 in it i think and I took too much risk (because its my risky part) and brought that down to $7... I have since gone from 7 to 75 so it's getting back near there - it wasn't much to me anyway so I didn't mind running the test, I've changed strategy and put $15 into each position.

Your best bet if you have more than $1000 in crypto, start trading with $5 per trade, rely on as many positive indicators as possible to try to trade continuation patterns if you're able to spot both of these. If not it's fine just to hodl or stake.

As a warning, pick high cap coins to stake - anyone can get burnt with them too if you're not sure on what you're doing.

I agree that trading crypto is not for everyone, obviously, there are a lot of factors to consider with. The mistakes that people do is that they think it is a get rich quick scheme and later found out that it is not. So they get REKT and left trading, or some learn from their mistakes.

I'm not into staking right now, coz I'm afraid that I will get REKT as well, but as @jackg said, perhaps the first step is to pick high cap coins, maybe the chances are small that we will get burned or lose money very quickly.

You cant say nor conclude that Trading do sucks and its just normal for mistakes to be experienced on first tries or several times when you are still noob.
Come to think that even experienced ones do still commit mistakes.If you'd like to become experienced one then the only way to achieve is to deal with the market and engage with it.You cant make yourself learn if you do just simply ran away just because you had lost some several trades.Its better to look back
and try to figure it out on whats wrong or mistake that you had done on why you had lost your trade not like just on running away after you lost and
consider staking altcoins.Yeah, you can do it but its totally different if we do compare the profitability of staking altcoin to trading gains.
You would see it for yourself if you do make money with trades.

For those who are inexperience to have experience, of course, they need to do an actual trades whatever it takes. Losses and mistakes is common on their early journey as what matter here is, they are truly adopting what's going in the trading world.

Even staking coins instead won't save them from losing because they are inexperience.

Building experience is the key. Time will come that this inexperience traders will now be an experience ones or if things turned out good, become a professional one.

Staking altcoins is mostly a bad idea too. Staking is what, mostly at like more or less 6% APY? Sure, it sounds attractive enough in paper(compared to like more or less 1.5% APY through banks), but you also need to take into consideration the price of that certain altcoin. You gained 6% in a year, congrats, but if that certain altcoin dropped 10%(I'm being conservative here) in price in the same year, then you end up losing anyway. Picking an altcoin that actually increases in price in a year is easier said than done.

Just when I started to trade something similar always happened to me, then I understood the logical thing and that is that all altcoins have total dependence on Bitcoin, that the best way to trade Altcoin is ALT / USD, and use the Alt / BTC pair only when Bitcoin is in bullish trend.

The best thing is always to make the corresponding plan and stick to it before trading, if you fail it is best to realize where it failed, if you win the same, but you never have to leave everything to chance, because it would be something similar to entering a casino , and trading is not like that.

Trade and holdg are different roles. For me, staking is part of the role of the holders where they must have a stronger long-term potential analysis than traders. Traders still have the opportunity to sell what they have left at any time and still have plenty of altcoin options instead for reversing losses.

I believe every people can trade as well as the pro trader. But the problem is not many people willing to learn more about trading, but they only follow what other people suggest. It is not the answer because we don't know if people can analyze better or not, so if we just follow without analyzing ourselves, I am afraid that we can get lost.

Staking the coins can be an alternative way for people who don't have experience in trading, but they need to search which coins can give them the profit. Finding the potential coins will be difficult, especially in the staking section, because there are so many coins at the market that we need to analyze one by one.

You need to learn more details about trading, so you can improve your skills from inexperienced traders to experience traders, and that will need time to become a pro trader.

This should be far better for inexperience traders than getting into trade and ruin one own investment within a short period of time. Staking some good altcoins should be the right choice of every inexperience trader while learning the 'rough' game called trade.
Is it not better to get little from staking than risk whole funds in trade?, sincerely, to me is better. Thanks @jackg, like your insight.

In fact, if we do not have experience about trading, we need to learn how to trade properly where we will see professional traders for us to follow every step, it does not mean buying coins or other, but analyzing techniques and also seeing potential coins to trade. in order to benefit you.

It is also good to take advantage of the bullish trend where we will not lose more even tend to have bigger profits following the rising trend of altcoins that are currently busy in the market, so there is nothing wrong with trying to become experience in trading.

Choosing a coin staked for is good but long enough to earn.

Well, there's no rule that prohibit you from trading and staking and the same time, so I guess that should do it. But don't feel safe just because you stake some coins. Remember that your profit depends on the market too. If the coin get dumped, say, 50%, then it's the same thing as losing 50% on a single trade.

It's a matter of preference and skill, if you can scalp and make a good profit daily (5% and more) maybe staking is not that attractive, and vice versa.

Nope, looks like you're too pessimistic. It's hard to be a professional trader, but it doesn't mean you can't be. It takes time to understand the pattern, signal and TA. Some fact says only 5% will earn profit and rest of all in loss.

Most people choose staking because they think it will be more profitable than just holding in a wallet. 5-10% APY sounds good, but they forgot the volatility of the coin. Although altcoin price is high volatility, they will didn't earn anything (possible loss) if the coin/token get massive dump.

Inexperience can be improved. We all know trading is really difficult especially there is money involved here.
But if you will become patient to learn how to trade and control your emotion you will become a successful trader. For what I observed on trading, only in the beginning is difficult, but if you will become consistent and learning on your mistakes, you will do better in the future.
About staking coins, these days I don't think it's really profitable especially it's so difficult to find an altcoins that got stake features, although they have huge rewards, the value of the coin itself is not stable or it is become cheaper.

This is a mistake. You didn't really trade here, you only followed a signal blindly without understanding whether it has been oversold or overbought. More than 90% of the time, you will get rekt if you follow these trading signals. They prey on gullible followers and subscribers.

The market maybe harsh but it gives everyone an equal opportunity. Those who grind and learn consistently will survive. Those who only follow signals and other "expert" opinions blindly will lose.  

TRADE. Sounds ironic right? but it's really not. You can read books, watch tutorials on youtube, or even practice using demo accounts but the best way to become good at it is to actually trade. You can try with small minimum amounts and apply whatever it is that you've learned so far from reading, watching, or practicing.

Trading are for those who are very diligent, and who knows what it takes to successfully trade, unfortunately it's not for me, I've tried it twice but failed miserable I end up as a long term investor because there is still profit from HODLING although I know for a fact that there is higher profit from trading, I have to cut my loss and that is to stop and shift gear.

Where do you see that potential signal? Did you analyze by yourself, or you just read from the telegram channel or website? If that so, I think that you should check on the other website, or you can analyze that coin/token. I think the crypto market gives you a chance to select any coins you want, but without analyzing the coin's movement, I am afraid you will miss something important that can give you the profit. We always need to learn trading to improve our skills, and even if we are pro traders, it doesn't mean we can still make a profit because we are human, which can make a mistake.

There are a lot of opportunities to generate an income here in crypto market but if you want a bigger one, trading is the best option. But i also believe trading is not for everyone as it requires more focus and dedication on the movement of crypto coins in the market so atleast you need to be knowledgeable first on the basics of trading. If you're not prepared for it, better try staking your coins or try investing into some of your potential coins.

Well, don't stake your coins if you are looking to make profits from your crypto assets.The returns on the altcoin staking looks good in numbers but in the value the price may decrease while the locked time period which means someone needs intensive knowledge about cryptos analysis so they can pick the potential coin which don't disappoint in the long term.

You're wrong; I traded there, have  been into trade even with my inexperience skills but yet  made good gains. The said signal was 08-28-14:01:09(bought)  -  09-01-23:21:35 (traded) if you can analyze this better, any available signal at my end must be analyze before any action be taken. This was a pure and clear signal but something happened somewhere; hope am able to figure it out next time. Suggestions has been made here which I will run with this time.

This is getting more confusing now. I thought you created this thread because you are complaining that you've lost in trading but here you are saying that you've made gains. Which is it?

Can you clarify what this signal is? Did you get it from analyzing charts? If so, what were the indicators that you used? I thought you got it from trading signals of pump and dump groups.

What do you mean by "pure and clear" signal? If that's some sort of assurance that you'll profit if you follow it, I hate to break it down to you but there's no such thing. The data changes quickly and the market can flip in a matter of minutes. Even using moving averages, which I think are best for removing "noise", is never a guarantee that you'll get it right.

It look confusing becasue of the highlighted text above. This trade brought me confusion becasue the same signals that worked for some trade are the same i applied here. News about the coins is all i want from groups and nothing more, after all they don't give signals and those that gave aren't good types(pump and dump groups).   
I used Heikin Ashi: which i have been using for other trades.
I still believe there was a sort of manipulation that lead me to a lost, maybe things do happen this way; just my first time of experience. Lesson learned

Everything need a proccess, even I read some books the author always says that you can't get a consistent profit for two years in trading.

That has pointed out that trading is a difficult way to earn money. You need more time, money and your effort to make your trading system run properly for atleast you can minimize a risk.

All people can be a trader, getting money and even getting rich of it by doing hard work. But all people will broke if they just put buy and sell by his imagination or even other people suggestion.

I agree that if you noob in crypto trading, staking is a lot better way to go. Right now I am on the other end of the spectrum, I have traded a lot, I have also invested a lot, but now I am trying to stake and picked myself couple of stuff that I would like to stake and invested into them and basically getting passive income from them.

It is not big and it will not change anything in my life yet, however the more I learn and the more I earn I will keep reinvesting it and eventually my aim is to have enough passive income to never work again. Surely I will work no matter what, but not because I have to but because I want to, that would be life changing. Staking your coins would allow you to have a big freedom from hidden poverty which is having to work or starve.

Y’know, one thing with trading and the news is that those who fail in trading are never talked about , even they are talked about, not too many people get to know those stories. So, many people lose and as some would say – up to 95% or so loses their money from trading, but whenever single succeeds in trading and maybe becomes a millionaire, a lot of people starts talking about it and the news starts talking about it and it will make things seem like it’s easy while it’s not.

Trading is not for all, and people who are not good should stay away from it, you can still give it a try, it might be worth it.

Trading is not an ability anyone has within them you need to learn it, however there are several factors that could indicate if trading is for you, the first one is if you can take losses and accept them without going crazy, just look at any sport or competition and look at their participants you will see many go crazy when they lose and such people will never be good traders as they will forget whatever strategy they had and revenge trade immediately after a loss.

Another aspect is your patience, even with a good system you are going to lose several times in a row and if you do not have patience this is going to begin to bother you and you will make a mistake that will be impossible for you to repair if it is big enough.

You need to have that determinations to achieved your goals, trading is not for all as it is. There are much higher chances
that you'll lose your capital than growing it, having a much deeper engagements and experiences gives you a much better
outlook if how you'll be able to find the ways in succeeding to this venue of business / investment.

No one knows the future nor does it spontaneously gain experience for themselves, all is a long and costly process. When we are wrong, we need to know where we are wrong and slowly improve our trading plan, and success will come soon. But not everyone can do it, which is very difficult because it has to do with emotional management, which a lot of traders give up in practice. So to be successful in this trade, you have to trade a lot of things. Anyone who is born can be a trader, the important is whether we try to overcome or not.

We do believe on a thing when it comes that there are things which arent really mean for someone, in no matter how you do try but you do still end up on failure but before you do make out some decision then try
to learn things up first and dont easily give up on just few tries.Experience cant really be get nor obtained on few tried and this one do take years and lots of efforts for you to do so.

For staking then someone can make this option but as mentioned by others that when it comes to profits then they do really differ but at least you are on the less riskier side but not all people are just fan of
waiting and sitting to get their dividends.

If you do saw that you do have the passion for trading then do it, its too early to say that you'll quit just because you do fail.

In the first place, why I should take the risk of not knowing exactly the thing I have to start? I know that not all had come into trading never knows everything about trading, yes they might have some basic knowledge about this but basically, this is not enough to survive. But giving the tip that more experience gains more knowledge and that even they never know more about trading they still risk their money and life into there.

I agree with this, I also think it's too early to quit, Trading takes time to learn you can't just buy some token and wait for it to rise, Some research should be made. There are different techniques in trading and analysis that helps your trading to be more precise. You can't just win on one strike, Trading has a process and failure is one of them. Realisticly you can win a trade by just relying on others' prediction but it makes you less confidence with the trade you are doing and you can't blame anyone for the mistakes you have made.

Profit to risk ratio in trading is staking is different, well just pick what suits your lifestyle but telling everyone not to trade is not right, You are giving them some motivation not to give themselves a chance to experience trading.

It is not possible to trade without risk you have to move forward with the risk but you have to have enough experience about the trade. It is not possible to rise without basic knowledge inexperience does not allow survival in the market. you need to practice the market well and try to learn the trading rules no one can go very far without experience. This is why many people lose everything and leave the trade and spend their days in despair. You need more than luck to succeed in affiliate business.

Trading isn't for all just like staking is not for all, too.
The risk associated with trading is higher than staking, yes. But I am  still trading despite of the losses. Afterall, I already made a good step, build a good knowledge and tools when i started trading.

Staking is not for me as well. If some would rather choose staking rather than trading, let's just support them. Staking is also one good way to gain passive income with less risks.

There's always manipulation my friend and it's more apparent in unregulated/less regulated markets like cryptocurrencies. Everyone is looking out for their self-interest and that's something you have to accept when you trade.

If I happen to become a market maker, I would also try to move/manipulate the price of a coin in my favor.

Trading indicators won't exactly tell you what's going to happen. It will only give you a hint based on previous data but that can quickly change. The reason why a lot of traders set up stop loss is because of that.

Then you just got lucky Becky, right? I mean, this was exactly what happened in 2017. Everybody was following every signal and influencer recommendation and 99% of coins including scamcoins did well at first.

So just be careful, this is the right time but it can all go bad very quickly. Limit losses!

Nothing is risk free in this life, we risk all the time. What Paolo Coelho said "Straight roads do not make skillful driver" can be applied to everything, you can't become skilled if you don't get in hard situations, only hard and tough situation will force you to give your maximum while you are under the pressure.
I will repeat what I always say to newcomers, try everything, you need to spend some money on school, and faster you learn less money you will spend and faster you will start earning!

Result of staking altcoins will depend on what altcoin you are staking. Dude, staking does not always bring profit so don't just say to others that they should start staking rather than trading. Both of these investments are risky, your profit or loss will depend highly on your decisions. Some are good at trading, some also prefer staking, but some also just can't pick the right coin to stake, so it will result them a lose if it happens that the coin they staked was dumped.
Try to learn first before engaging into any investment journey, then take experiences and learn more from it. That's how you grow in your investments.

Trade is for the smart and for those without the skills should not get into it. The most risky among them all when talk about cryptocurrency investment is 'trade',. For those who intend to get start with trade should ensure they are playing behind safe mode, starting with some little funds should be the best option than putting what can be seen as over-fund. Staking should be seen as the best option to trade 'only if you can't trade as a pro', i love staking some altcoins with good ROI.

Market is quite volatile now a days, making trade now means you've to deal lot of fundamental knowledge and most important up to date. If you're trading based on your strategy then be very careful as market becomes extremely dangerous and unpredictable sometimes. Staking coins not always right solution as it could be horrible. Lots of example out there, personally i don't prefer unless you've heavy passionate doing this.

I don't suggest newbies to follow your advice. all expert traders was once a newbie and have made a lot and regretful decision also by making mistakes they can learn through it staking is another part it's for users who wanted a passive income since you're just going to stake it unlike trading you will be able to analyze and build up your skills.

All we can suggest to the newbie is don't trade if you are afraid to lose your money and learn to take risk in order to earn.

We can't really say one is better than the other because both trading and staking have their own advantages and disadvantages.
Staking does bring us the benefit of getting more coins but if the price of the coin goes low then all the staking rewards are drowned.
Similarly trading coins at a wrong time will drain all our profits too. Both have their own pros and cons.

I believe that there are things in between these, you do not have to just be a day trader or just stake your coins, there is bunch of stuff you could do yourself as well.

For example, if you are very new and you do not want to spend money on anything just yet, be active on the forums and read every single part of the forum including your own national language if it is here and you will find places that gives something called "bounty" and some places just give you money for your work that is not bounty, when you find those you get in and you talk with people and make network of people around you (online) that you can talk to about everything, and you will work there for whatever they need and you can both earn and learn crypto. That is literally free and it helps you study crypto world while making profit.

Well, if you are inexperienced, you should stake your coins rightly, and also reserve a small proportion of funds to practise trading, because when it comes to trading, the more you trade, the more mistakes you make, the more knowledge you are able to have as regards trading and investment.

Be a risk taker, and always do your own research.

he already know that he lacked experience in trading but he still insist to trade . he shouldnt trade for real at first but he better practice and more practice till he gain confidence and enough experienced . now that he did a mistake on trading he now decides to quit it and switch in staking  but he could have done staking before while now its better that he continue his trading career  because he already got warmed up . more trade doesnt always mean more mistake but along with that you can also earn alot of prodit .

This is what im trying to say that meeting failures isnt really the end of the road on where you can just easily decide to give up and move on without even reconsidering to learn up from those mistakes
and make yourself efficient on next time trades.

No one starts on being a pro and we do really start as a noob/newbie on where we do build blocks of learning to have a grasp on thing and making ourselves better as we go by.Its really a bad mindset to have
on just simply quit when you have just done on few tries.

Staking nowadays isnt really that ideal unless if you do put up big amounts then you can somehow feel the staked or dividend that you would have but in really talks of profit ratio
then we can tell the difference.

I agree. Do not even dare to do trading if you still do not have experience on doing trading. Many people always say that "experience is a great teacher" which is yes a total truth but when it comes to trading and other stuffs related to crypto, being inexperienced and trying to take learnings by taking a brave trial on how tough and how long would you go on doing trading to see if you will learn something on doing such action, you were just putting your coins which is a valuable money of course into a gamble. Everything here in crypto which is stake by inexperienced individuals are like doing gambling for you do not know anything and just putting the outcome of your trades, investments into pure luck. But such thing won't work always for that is not how things are being done here in crypto.

If you are really sincere and wanted to do trading, better learn the basics first before engaging into actual trading proper and by that, you are increasing the possibility of you earning profit compared to staking your coins into unsure decisions because of lack of knowledge and experience.

People are not experienced in trading, it is better if learn a lot to have the ability to analyze the market. At least if we have good market
analysis skills, reduce the risk of experiencing losses when trading. It is true that inexperienced people have a greater chance of experiencing
losses when compared to experienced people. But that doesn't mean inexperienced people can't make profit when trading. After all, experience
can also be gained from trading frequently. Staking coins are indeed better than trading for people who are inexperienced in the world of trading.
But staking must be able to choose the right coins to get a good profit.

Staking seems profitable from the very beginning but the chances of your coins to keep raising in price is minimum since what's currently trending in the altcoin marketplace is merely coins getting pumped and dumped. In a situation when your staked coin decline in price, it becomes worthless. A popular example is dash cryptocurrency which was trading around $1,600+ at some point. Assuming you were able to afford/stake a decent amount of it via masternood, the chances of you been in profits at the moment is zero.

This won't be any different from the coins getting hyped currently. All deFi related project are promising high reward via staking. To my understanding, although the concept of staking is brilliant but this project are using it as a strategy to prevent Investors from dumping their token on the market while they dump theirs on you when the are comfortable with the gain they have recorded.

Therefore, I'll choose trading or maybe short term investing over staking, having the privilege to offload my bags any moment I feel the market might be unfavorable is far more preferable.

Crypto trading was meant for everybody but it was not meant for an inexperienced individual. However, experience individual also needs to understand the type of trading he can handle pretty well or else he will need making lost just like what happen to you cause the moment to start a trade cant be judge by signal alone not even on Binance where whales can manipulate the market in a single snap of fingers.
 
They are born to trade but they need to seek knowledge first and understand how to trade profitably. Let's use this forum as an example if a newbie join and don't take his time to study the rules and regulations of the forum with the inclusion of how to get merits such newbie won't rank up and may also be banned either.

Being inexperienced trader individuals are most prone to do mistakes always bear that in your mind.
There's a quote that the more mistakes you face are the more you learn from it. This was true and correct,
without these mistakes, we can't able to share with anyone without this as far as I know for us to have a good testimony.

Well, I'm not saying that staking is better than trading. Of course it depends on someone's preference. Do you want a sort of passive income but you don't hold your private keys (which you may find uncomfortable) or you hold your privates keys and depend on your own ttading strategy? It is up to you. What matters the most is the coin you will use. Make sure it is a good coin.

But in my opinion, I still go with trading. Though the potential of losing there is high, the chance of making profits there is high also as long as you buy/sell properly. Plus, you can earn faster here.

Dude, always remember that "Champions are not born, they are made." So keep on practice. Yeah you may loss money along the way but it will be worth it in the end as it brings you lessons which can make you a wiser trader :).

You are right an expert was once a learner and there is always a price to pay for every experience one intend to gain in life, i dive into trading recently and at first i made some profits and i saw a signal on one of the altcoin i decided to trade the coin and the moment i bought the coin it started diving down until i lose the profits i made from my previous trades. One thing i have learned is that trading is all about strategy so once you master it you are OK.

It is unlikely that inexperience traders are not born to do trade. It is just that they need first to be educated on stuffs related on trading before having the guts to do great engagement such as trading. Trading cryptocurrencies are meant for everyone it is just that it is not meant for a while for those inexperienced traders for they are capable to just gamble their coins and money of course into unsure engagements. Better just do educate yourself first to avoid engaging into undesirable decisions that might just put you into regrets. Do not bother to even try trading while you haven't earning any tough knowledge about such and you do not have any experience on doing tradings. Secure yourself first that you know what you are doing before you call yourself into the proper engagement so you won't be wasting your time and effort trying to figure things out while you are an inexperienced trader. Good traders for me are not really born, they are trained and mastering whatever it takes to be a good trader. Inexperienced traders can gain experience like most of us do the first time we have got in here. If we did it, so they can to. It will just take time but sure they can do trade on their own too.

Not really, everyone can trade, no matter he is lay or professional.

Everyone is born into this world, ignorant, with that someone has the desire to learn and find out he will become a professional trader.

In crypto trading, you cannot act alone to determine selling / buying crypto, if trading knowledge is lacking, find out to friends who understand trading to take buy / sell decisions.

Sometimes Selfish and greedy is what makes a person destroyed in trading, Why was a crypto trading community created for the purpose of none other than to ask each other and provide experience with certain Altcoins to trade crypto with potential or meaningless in the market.

bottom line:
Anything can be done, if the person has a strong desire to seek trading knowledge, remember, the failure of delayed success.

Trading is not for everybody and we can assess that from the people we met here.There are people that we met along the way here in
crypto either in telegram groups or Facebook or discord that will tell you what are their experiences in trading.

And trust me majority of them are once failure or others are still in failing.

What i mean here that traders are good at it while others can make money by Holding i guess,but not for those
who need analyzation and speculation.

You might think its rather safe in staking but it could also be as bad as making an error in trading.
What if the value of the coin went down?
The market cannot be controlled and the staking process means more coins are being given away which could pull down the value of it.
It might be the easiest job with nothing to do and to think about but the problem is control.

With trading you could just push one button and stop the bleeding while in staking there is no stopping the downtrend of the market.

I agree with you on this one, trading requires much skills, learning and experience, and for someone who is inexperienced in the trading aspect shouldn't dare to trade at all, because they are bound to make tons of mistakes which will eventually lead to loss of capital, but staking of crypto is quite safe and profitable sometimes and some other times you might find your self on the wrong side of the road,an advice before you stake do a little research about the coin your about to stake and it seems like staking is a better option for people who don't know how to trade.

-Knowledge
-Skill
-experience

all of these things can just be acquired if we would have tried to trade and understand the risk. Trading couldn't be for everyone, everyone knows it but why a lot of people come into trading without enough knowledge? It is just because they want to understand the life of a trader and also, the can earn additional knowledge and skill base from their bad and good experience.

it all binds with try, effort, and hopes. Nothing seems impossible if we don't afraid to take the risk and accept the consequences that might happen afterward.

In my opinion, decisions made on the basis of news about events about a particular practice are the result of fundamental analysis. That is, I want to say that one of the main features of fundamental analysis is the monitoring of information about the cryptocurrency, with the help of which it is possible to predict the nearest prospects of the coin in the cryptocurrency market, which, together with technical analysis, gives an overall picture of what is happening on the market in the present period and for the near future. in relation to a specific cryptocurrency.

Its true that trading so tough way to earn but not much so tough that will will not be able to trade after getting vast experience on it .I think newcomer need spend much time behind trading .After getting experience he/she will enjoy the trading like you .Its always better to invest on staking who have enough funds .

When ETH 2.0 comes I think this could be a great advice, I don't know what will happen to ETH miners, because right now there are tons of people who mine eth and I think they are making a good amount of income as well thanks to this DeFi situation as well, when that is all gone, I don't know what the next stage is for miners, they can continue to mine other coins but they are never going to find something that is both profitable but also very trustworthy as well.

This is why for staking we are getting one of the all time greats, for anything to be better we need bitcoin to become proof of stake and I think that will never happen, which is why I believe it is crucial to be part of ETH 2.0 so that you can stake them and you would basically protect your income and wealth that way.

Everybody always start being inexperience in a certain field, and that's true it's hard to trade while lacking experience, knowledge and the skills that is required but it's a time and money consuming thing but even the "professional traders" commit mistakes and errors, i don't suggest to start trading right away maybe try to learn more, I've tried trading while being inexperienced and loss 50% of my profit right away, but it's okay to commit mistake because sometimes you need to learn from those mistakes.

That's the consequence behind. Trading when you are not ready is like doing gambling. Risking your investment without knowing
what's the right thing to do inside the business, most suffer to the point that they've burned the entire capital that they've used
in just once try. Don't take any move if you are not a risk taker type of investor, take time to research, learn all the process and
your journey will be more smooth along the way.

If you want to learn trading then you'll have to do trading, right and you learn from your mistakes. I suggest don't do trading with large amounts when you're just starting. Always start small then go for big when you have got enough knowledge to trade.

I'm sure this is not the case at all. Before trading was a thing nobody knew how to trade. This is a learning skill that gets polished with time and experience and rather than placing the fault of our 'DNA' you should switch to the environment and the mind-frame you set yourself in. Mind is a powerful thing and negative thoughts are so pervasive that it takes practice to keep a positive mindset.

And even if you learn that you don't enjoy trading then staking won't be the alternative unless you learn about it and dedicate your time to develop that understanding.

I agree that staking is a great option for inexperienced people. Because staking coins has proven profitable, but the profit that
we get is not as big as when we trade. So trading is still much more interested in than staking coins, even some inexperienced
traders insist on keeping trading, even though the risk is quite large. My advice to inexperienced people who want to keep trading,
you should have a lot to learn about basic knowledge and strategies regarding trading. So even if you are inexperienced, you can
still be successful when trading.

No one know about trading when they was born but rare people got skills naturally who know how to sell something for more profits.But when it comes to crypto trading it all depends on the community member emotions which can be predicted if we know how the mind of a normal people will work on certain market conditions.And then having strategies and analytical skills will help us to get better in crypto trading but nobody is perfect here everyone commit mistakes and few people only will learn from it.

That's a best things your can do if you are new you can stake your coin and make a passive income on it. It's not a question about new trader or old trader it's for all. Because this market makes huge loss to old or experienced trader too.

Yeah and while you are staking your coins you can study trading and the things about it, well we can't really predict the movement of a certain coin whether you're a newbie in trading or an experienced trader, everyone have no idea on what will its amount be in the next few hours but with learning everything about trading you can know when and when not to buy or when to enter and when to exit

Staking is a good thing to do, but not everyone is able to have the level of patience that it takes to stake your coin every year, so I guess that’s why they will continue to choose day trading or simply trading over staking their coins for a long period of time and getting something around 6 to 12 percentage.

Another thing some people wouldn’t like about staking is that if the price the token or coin that you’re staking falls, you’re going to be at loss, you can’t control it and your per annum returns might not be enough. Although I got to know of recent that there are some platforms that allows you to be able to stop staking at anytime, and that’s cool.

Inexperienced traders can always learn how to trade by surfing the web on guidelines on trading or I'll also suggest you look out for free signals posted https://bitcointalk.org/index.php?topic=5268315.msg54980714#msg54980714 and follow them up to help improve your trading

Staking is now becoming a new way of earning coins with less risk. Trading is not for everyone and that is why I agree with op to stake. Your risk is highly reduced and you can make even more profit if what you are staking is appreciating.

There are a lot of people right now want to make more trading because they can see the potential of this as another income but the problem is it required a lot of skills base on my understanding some of them are giving so much effort just to win their trades.

Some of their techniques usually use also I do this too.

Search for the coin
Keep updated about the coin
Learn how to read the market analysis.
Learn how to make a stop loss.

But right now due to having this kind of pandemic I don't have enough source of money to make more trading.

Reading a signal will not be a problem, but we need to know how we can analyze more from those signals to find other clues to trade. I think people who don't have much experience or trading skills can still try to trade, but they need to limit their money. While they try to trade, they can learn the other lesson to get other information useful for them to trade. I am sure if they can learn more and more every day, that can improve their trading skills, so they will be able to make a profit.

A newbie in trading needs to take time a learn, there are trading stimulators, demos etc that will put a trader to test their strategy while making consistent profits before going Live a lot of inexperience traders got rekt without the required knowledge of trading. its take quite some time before making reasonable profits even with losses however a good strategy with a good risk to reward ratio will result to profit in a long run.
Trading is not just pulling trigger of buying or selling without any prior knowledge of both fundamental and technical analysis while thinking of getting easy money.

Well, since many have kicked against using others signal I have taken the precaution of abiding in my signal. As many forum members had said, learning is for the inexperience trader which I belong, so, I have started another learning process towards my trading career. Please you can save yourself from huge loss when you abide with your TA and signal derived, thanks for your suggestion.

Patience and controlling your emotions is definitely a must have virtue in trading. Most of the successful traders have mastered this. It prevents them from Fear of missing out and from emotional trading. Been watching some trading tutorials in youtube and they always say that this 2 is important to become a great trader.

why don't you learn how to read the charts first after all if you consider trading to be your holy grail, its best to learn it. its kind of a tool for you otherwise you stick to staking pools and earn from it.

a graphic artist wouldn't become an graphic art maker if they didn't learn the graphic software to use and its the same with a trader. you learn it all and you can trade after.

I agree with you, if indeed we don't understand trading and are also inexperienced. It's not that we can't trade, but we must first
learn about trading. Because even professional traders start from not understanding anything, but they want to learn and practice
trading. That's why they become professional traders.

If you are inexperienced, staking is not the way to go directly because it is still "trading" in a sense that you are getting some crypto. If you are newbie and you want to get better and make more money, you should first study, that should be the first thing you do.

If you study how traders trade and why they buy and why they sell and find good traders that make profit (now there is copy trading allowing you to check other traders movements) you will eventually figure out how to make the most profit, that will allow you to become a good trader. You are not going to be exactly the same as traders you copy but you will be different but still took that logic from them as well. Pick the best from each trader you follow and you will be fine plus read and watch trading related stuff as well to learn more about it.

Trading is not what is done in rush because you can rush out immediately too by emptying your account. It is a rope that should be climped gently until a good height is attained. There are so many things that can be learn in trade than in staking.
You have to learn money management, your emotion need to be in order and a whole lot of things including technical approach and news reading.

Learning trading itself will be the way that you must know if you want to trade better. You can not expect to master the trading skills in a short time because it needs time to study more about trading. But if you can have skills in trading, you will be able to make a profit. Don't just follow other people's analysis, but you should analyze yourself to find your entry buy and sell. Trading is not as simple and easy as you think because it needs the effort to learn, practice, and how we can find the right time to trade.

Actually, the OP advise was an expensive one which should be put into action despite the fact that every crypto trader expert started from lost to profit but all this happened because they don't took their time to learn all the required characteristics which also what I believe Bin-Bin experienced.
Nevertheless, I will advise inexperienced trader to join the stake and long term investment in BTC/ETH while they learn the basic level of crypto trading.

There is this level where they are no longer newbies but they are not expert traders because of this advice as well, what should they do at that point? Let's assume this is my first day in crypto, I got in and bought a coin that I can stake and I learned how to stake with VPS so that I can close my PC and would still stake 7/24 and all of that are fine, what am I suppose to do after that?

I can't just let it be like that forever because eventually I will want to trade but so far I have only done staking and did nothing else, where and how did I learned about trading? If I start trading I will once again be newbie at that as well and I wouldn't be good at it. So, there needs to be transition period that I will have to do in order to make a profit in trading world.

For people doesnt always have the capacity when it comes on staking up coins which is usually can be found on alts yet simply holding doesnt really describe staking but rather only gaining profits due to volatility.
We know on how staking works and cant really be just assumed to be the same with just simply holding.

Even on staking im not really that fan of much so im really risking out on making active trades.Its more risky but it is more worth for long term if you do able to take some grasp of it.

We are always start on being inexperienced thats why we do need to try so that we would able to gain experience and skills.Discover things while you do learn at the same time.

Surely if you are not experienced, you shouldn't risk what you have! But I highly recommend that you stake. Personally, I stake PROB and the benefits that I get in return are unbelievable!! My trading fees are lowered to 0.03%!  and I can pay the trading fees using PROB. You should. try it and see with yourself the benefits I'm talking about!

We can learn just by reading or educating ourself about the stake of a coins you have but learning from your experience was exceptional. For me if you have a strong guts and not afraid to take risks why not to try right. But if you are limited not only in a coins or token but also limited your knowledge on how to play that game well better practice yourself by reading past experience of our co members here in forum.

Practice and take your time is the better tool before you start your participation to this business. You have to make sure that you are both ready, not just with capital but also with your mental capabilities. trading without proper understanding will end you up messing with your investment, most of those successful traders begins with realizing the proper ways of this ventures, though sometime they also loses money but with good mindsets they are capable of making it up and bounced back much better.

No. It doesn't. Like every other profession, trading is a skill to be learnt and it's one where you learn from textbook, your experience, other people's experience and also your intuitive. It also takes time and patience to start getting consistent results. The difference between more experienced traders and those who aren't is the fact that they've seen it all in the market ~ flashes crashes, epic pumps, ranges etc. You just have to consistently practice and keep practicing. If it doesn't go as planned, you go back to the drawing board and figure out what you did wrong and the next steps to recovery.

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Talking about staking, it's only profitable if the price of the tokens being staked are stable or going higher. Else you'll be right back where you started, in losses.

Not only on mental capabilities but also in emotional as well yet this is always been tied along when you do go into these kind of ventures or investments.Making yourself ready is the best shot for you to sustain yourself into this unpredictable market.

Lots of factors needed to be focused and should be handled well so that you would really be prepared on what are the instances or circumstances that you might able to experience ahead.If you do saw that its a beneficial ones for you then stick to it.Just dont treat those loses as the end of the world yet these things are inevitable ones.



It takes time and do really require lots of effort and when it comes to trial and errors then this one would have lots before making yourself to be a better trader.The wrong thing here is that majority of people do really

tend to rush things up on where they do believe that this one is a very easy one to handle but sooner or later theyll realize that those perceptions are definitely wrong and thats the time they would changed up their mindset and goals.

Staking rather than trading? Its an option but wont really be that much ideal if we compare the profits made by trading and the profits made by staking.

There are risks involved in doing business it is not possible to do business without risk there are many traders who do not know about the market in which case they lose a lot of money. Therefore for those who have less business skills and inexperience it is better to do long-term business without risking the coins the risk here is low and investing in bitcoin currency does not require skill.

Not all the time we think we have a good path of making trade sometimes it's better to take a break. There are a lot of people already born to make a trade which is a good thing you are, and there are some people who does not have knowledge and skills in trading but still they are pursuing their wants because there is a chance this may help them. In trading, it needs to have a lot of knowledge and also an experience if you are just a beginner into trading its just normal because you are just exploring right now. By time and time you will discover new knowledge and you will adopt and acquire this to your personal experience of trading. All you need is to push your self and don't hesitate to take a risk. But don't forge to take care and don't becomes too much greedy.


Risk is just part of the life it depends on you how you will handle and those who people can handle this kind of risk are the more higher chance to win their paths.

We all started to be inexperienced.

But that doesn't mean that they can't trade. They can start small and make it bigger as they go or as they feel the changes in the market. Trading is not something that could give you a profit through time so if you ever feel a loss, or maybe lost to what you are doing it is not wrong to ask for help. Mistakes and losses are inevitable, hence look at it as a lesson not a reason to stop.

Staking altcoins is mostly a bad idea too. Staking is what, mostly at like more or less 6% APY? Sure, it sounds attractive enough in paper(compared to like more or less 1.5% APY through banks), but you also need to take into consideration the price of that certain altcoin. You gained 6% in a year, congrats, but if that certain altcoin dropped 10%(I'm being conservative here) in price in the same year, then you end up losing anyway. Picking an altcoin that actually increases in price in a year is easier said than done.

Ofcourse, not. Tell you what, no one became that good in trading without making a mistake. Besides, trading isn't a risk free venture though, it was and would always been entagled with risk, even those experienced individuals tend to commit such mistake  :P. So, don't expect that you'll be to avoid one. And who knows? You might achieve amazing feat here, if you'll just set your mind into it.

it is true, we are started from newbie and we need to learn in order to master it. people can not master it with just glance of eyes, mastering something requires you to patience and it takes effort and time. by learning we can gain knowledge as far as we goes and it will worth it later on in the future

That's true. The concept of staking tokens to earn rewards was originally created to reward holders (or hodlers) of project in question. Here in crypto, we have both traders and investors and while everyone can't be a trader (A full-fledged at least), staking incentivizes them to hold their favorite tokens and get rewarded for it. So it's a win-win situation for long term investors. Aside from the incentives earned for staking it also comes with its own risks which happens when the value of the tokens drops significantly.

Trading has more potential profit margin if done right but a lot of people chose the staking option since it has less risks and requires little to no technical knowledge.

I think trading skills are not a talent...
talent is an ability from birth whereas trading is different, trading is basically using mental and analytical, if you are unable to control your emotions then don't try trading, learn to control your emotions first then you can trade.

I am really happy to know my friends who wins on trading, posting the the graph and the earnings they got from their trades. Me myself how many times traded coins on binance but still keep on losing my money. Although I studied on how to win on trading but I am still greedy that is why I did not win. I stop trading now because it is not easy to trade and there are lots of things to know and to study before we become wise on trading.

No one is born to trade. Only sociopaths who have no emotions would be the ones able to trade,,, in fact I think it is a good business idea to hire sociopaths only but the problem is they are also not motivated by gains so will not be enthused to trade for profit;)

Even so, without emotions, you still can get caught out.

Anyone that wants to be staking should first read and understand how the staking works before they start staking their tokens. And most platforms don’t give much return when you’re staking BTC and some of these top coins; You’re mostly to get more profit if you’re staking a token that belongs to that platform.

It’s just like this crypto.com, they allow their platform users to stake coins and get profit back, and they promise up to 18% per annum which is not true for every coins, except if you’re staking with their own token that belongs to their platform which is known as CRO. And there are also conditions for it, so you have to be aware of all that.

It is generally unacceptable to place bets without some experience. In this case, luck simply won't help. This activity can only be carried out by those cryptocurrency users who really understand what they are doing. In my case, it is better to choose trading, not bets, But even trading requires more attention, time, and most importantly, knowledge and experience in order to make good profits, not losses.

Inexperienced traders that stake their coins will never become experienced traders. It is however true that trading isn't for everyone. I'd rather invest in solid projects and stake my coins than do trading in the fast lane. That has to do with my skills and personality. But I have to admit that day traders I know have been more succesful. Although: we always hear the success stories. People tend to keep silent about their failures.

Indeed, but skills and talents are sometimes or maybe most of the time can be associated with each other on any activity or task. In this time, in trading, talent can also be shown from trading, there might be some signs when someone was a kid, something that can be a sign that he can be a good investor or particularly a good trader. Hmm, I think talent and skills are pretty close with each other.

In general, investing does not require skills, but it does require money. But a good and correct investment is to do research on the digital currency or Bitcoin that you want to invest in, you must know the details. Don't just invest without having future plans. Entering at the right time will be more profitable when starting to invest. Keep in mind, however, that investing in cryptocurrency carries a high risk.

You mean natural talent or inborn capabilities? We do know things like these do exist but that wont really be molded up if someone wont consider nor try to test it out but eventually as ahead of someone, you can really see the potential of some people by just looking on how they do things.Skills are attainable by continuous training and engagement while talent is a natural thing inside of you which would needed also to be molded
or enhance just like on skills.Same as you said, i do also consider that these both things are just similar on bigger aspect.So its up to you on how you do utilize those talent into something more effective
and beneficial for your part.

Lol! It doesnt need skills? Its logical that everything does need money yet you wont able to invest if you have none.Then whats the next thing you would gonna do if you do have the money?
You cant just say that you would invest without even thinking with some considerations which is totally bullshit. skills do enclosed all the different factors needed because people cant just
make out an action without doing analysis which is considered to be a skill.

Yeah it can be a big problem is you're new and think it's easy to make money without understanding the market properly beforehand.

Investing requires knowledge to know which coin you can buy. Without knowing the right coin, I don't think you can make a profit in the investment. Investing in bitcoin will also need knowledge because you must know when you can buy bitcoin. Most people say they invest in bitcoin, but when the price is down, they panic and sell their bitcoin at any lower price. We need to have a plan in the crypto investing because it will allow us to sell our assets when the price is at a high price.

I agree with don't trade if anyone inexperienced but can't agree with stake all types of coins. Because it
Is no doubt that lackings of experience increase the chances of loss in investment. One should not go to vast investment in primary. First take time and practice
more then invest a little to check how fit you are. Some of
the coins are not right to stake because they haven't
worthy characteristics so those coins who have the chances to make profit can stake otherwise not.

It is absolutely true one shouldn't trade inexperienced. Trading requires certain knowledge of the market and skills and it is imperative that one should take time to acquire all this. It is also true that rather than trading inexperienced, one should stake coins because it is way less risky than trading.
But then, I do believe that it is actually inexperience to think that all coins can or should be staked. An experienced person would know that not all coins eventually give profits when staked and would know which and which to actually stake.

Do professional traders do have experience when they start trading?

How come a new player can make their own experience if you will suggest to them that they need experience before trading?

Let them trade even they will commit mistakes as it's usual and common. After a long period and still, they didn't improve then that's the time they need to stop doing trades.

The same goes for staking. Build experience and be familiarized with worthy coins to be staked.

I agree that people who have no trading experience should not trade first, because you will only experience losses if you force trading
without experience. You must first learn how to trade properly, after that start trading with small capital. And staking coins is indeed
a good choice besides trading to be able to make a profit, but not all coins are good for staking. So to be able to make a profit from staking,
first research and analysis is needed of the coins that we are staking.

People doesn't really think first before they do open their mouths and suggesting things which are really contradictory on what are the things that they do like to happen.

Nothing indeed starts on being a professional in all sorts of things in life.We do all pass as a newbie and becoming good at it will really be needing experience and knowledge
which basically means that you would need to engage rather than on avoiding it just because you don't like to lose.

Staking is somewhat on the passive side but we know that not all would really be that worthy and also it does really require big amounts of capital to stake out coins
and for you to be able to feel the profits.

There are a lot of newbies that are jumping ahead immediately to those trading without any knowledge it looks like you dive into water without equipment or fight in a war without guns. Having knowledge into an introduction what do they need and what they possibly expect on this trading.

Today it's not hard to find a trading guide on YouTube and trading sources on the internet there are a lot of sources everywhere all you need is just to gather these and apply when you are already start to make a trade.

Also, don't hesitate to ask the people who are already a senior to trading because they know how does it run already.

Again be careful to those people who are pretending they may help you instead they have a bad intention.

Thanks for acknowledged the fact that, learning trade to have the needed experience is most Paramount if profit is to be talk about. Been into trade with my little experience wasn't enough and I had to rethink and move into a better zone of learning new skills. Those who showed to public their profits picked might be hiding something from us but personally, am into some good stuff that will definitely increase my knowledge base crypto trade in a short time.

Thinks can always go either way. You sound exactly like, from my years of technical analysis I am predicting it could go up, but it could also go down or possibly sideways. If anybody plan learning about trading here it's real skills. BTW! Most newcomers join on staking coin since it's relatively easy way to make money rather than trading. surely that is not correct, as there's lots of thing we need to know.

Which coins do you stake then?

Let me start with this...

The aphorism - Every experienced person was once inexperienced - succinctly captures the situation. It simply means that no trader was born a professional. But it takes time and constant practice to achieve professionalism.

One thing about trading is that without having the required set skills you won't be profitable in it. This is where a lot of people miss it. They think trading is as easy as the spelling. No, it isn't! It requires time, patience and dedication to succeed. However, it's advisable to view any crypto you want to trade from a higher time frame if you want to get the best of it. You may want to chose Daily TF or 4hr next time.

The difference between staking and trading can be easily analyzed as "keeping your money in the bank as fixed deposit (staking) and investing your money by yourself (trading). There is a greater reward and risk with the latter. There are some who like to take the risk. Thus, they may not like staking too. It's truly different strokes for different folks.

Adequate experience is required to trade it is not possible to trade with a small amount of experience there are many risks here. Inexperienced individuals who know about trading before seeing and then trading are in most cases the loser and later become frustrated. I always plan to make the business risky and try to keep up with the market.

Accumulation of experience is detrimental when you want to trade. You also should be wise in regards to trading because at first you will incur losses and losing a lot at the first try discourage you. You can do both because nobody gets big by just staking small amounts and profitting small amounts, there will be risk but that comes with it when money or finance is involve. Better take a shot and miss than not taking a shot at all.

Trading without experience is just like going to war without armour. Well you wouldn't gain any idea or techniques and strategies in trading if you wouldn't try it once. But as what i've said it is somewhat risking your investment without any assurance that it may return. While in staking you will only hodl your coin on your wallet but the disadvantage about hodling is you can't overcome your fear in trading and the mere fact that you're being stagnant in that situation.

There are many coins you can stake but personally I am staking Tron because they have a bright future as per my analysis and they have been long time improving plus they have a really good and scalable model which means they won't collapse with time and more investors coming in. I am a firm believer that one day Tron will even reach $1 per coin and the coins I get by staking, I use them for my spending and buying other coins because while I love and trust Tron but I do not want to go all-in with a single coin.

You may also want to stake coins like crypto.com coin who I heard are giving like 18% ROI which is massive if you know the common staking rates but then again you have to understand and trust the coin you stake because staking means you believe the coin will live for years to come and won't collapse suddenly.

Over 50% of my portfolio is Ethereum. Only long-term storage of these coins can bring me really very good profit, especially considering that I bought Ethereum for $ 100. Of course, there are other cryptocurrencies in the cryptocurrency market that can bring the owner a fairly good profit, But my choice is still Ethereum.

Eth is a good currency, but you must understand that if Bitcoin falls in price ETH will bleed a lot, although there are many coins or tokens that grow in price quickly, if you do not capture the moment of the rise of this currency, it is very difficult to see another chance . ETH is a currency that totally depends on Bitcoin and when looking at its graphs, they are similar, the reason is simple, ETH will always be the shadow of Bitcoin, as well as all cryptocurrencies, the one that has a life of its own is Bitcoin.

Expert traders comes from being inexperience traders. Before we invest in a particular market we should study it first for us to learn what are needed in order for us to be successful. Though, it's normal or it's part of a trader that somehow we lose and earn a profit. Staking is good imo you just know how to manage your portfolio.

Congrats, you already have profit even you will sell half of your investment and take that profit today so you can buy back if there are crash will happen someday.since you believe in ethereum you can continue holding it as long as you think you are holding a good amount that can be a source of income someday .


For staking there is many good staking coins but not all is good to stake since more of them decrease it's value for long term. meaning instead of profit if the price decrease you will lost the money you use to invest and the value you buy it will not be the same value when you plan to sell it after a year .

Yes I totally agree with this point that anybody who is inexperience might loss their fund because trading is not only buy and sell. It is all about spending time on projects, learning about them. Experience second name is money comes with less eforts. For newbies they can always earn by staking any coin. This will give them steady profit to raise funds. So be careful from trading if you are newbie in trading.

I like the comparison of jumping into water and it is right that people often get excited when they start trading and feel it is very simple to just buy coins at a cheaper price and then wait for the price to increase and sell it, but ask me as I have been trading since a while and when the price drops for altcoins it feels like lights out and just sell because altcoins do not have a good reason to rise up again. With bitcoins I don't panic easily but the kind of drop that happened in March I decided never to trade again because I almost had 3 sleepless nights at times.

I don't like staking coins either because there are various problems like lock-in period and while the time comes when your coins are unlocked and you are able to trade them the price for the token might have become nothing but dust.

sometimes beginners will still find it difficult to choose a good project and can provide a lot of profit because they have to try and learn the work system of the project will have the potential to increase or not so that in the end it makes beginners understand better and will have a lot of experience that can lead them to make a profit .

People think that staking is a good stuff but if they would able to realize on what its cons then you'll surely tell that it isnt really worth for the risk imho and we know that investment needed on staking is big
and i'd rather choose holding up bitcoin and wait up for long which i can say a much better option and much less riskier rather than staking some alts.On the other side of things talking about altcoins
then i wont say that theyre totally shit since there are still projects which are really worth to invest on.It does require patience and good decision making on when you would sell out and when you would buy out.
On the suggestion on not to make trades if inexperience, of course we do start on being a noob and you wont get any experience and knowledge if you dont test out waters and this is indeed the first step to be commonly made.

If only everyone here will consider and learn this mate?for sure only few will become loser in trading because
this is most risky thing to do.

and also we can stake our funds in many different ways,there are gambling site that offers staking in which i believe there are already 2 threads that
running and updating about their stakes until now.

and also we can just Put our money in certain coins and Keep it on holding.

I agree with you. Trading is harder than any other profession. Experience is extremely essential rather than knowledge. Many experts say that knowledge only occupies 25% in this field. most of the time, your intuitive will tell you what to do in different edge. Therefore, if you truly want to become a professional trader, accumulating knowledge and experience will be a long process which can cost you a lot of efforts and time. But you will be repaid

If you cant suffer a life of a trader, holding is more suitable for you. Buying bitcoin or other cryptocurrencies daily whenever you receive your salary will give you a affordable profit in the future. Charts always show that crypto is going to go up many years later

Trading is not easy and you have to design a crypto trading strategy that suits your financial goals and personality and this is not an easy task, and you also don't have to follow the same strategy forever.
and trading strategies must continue to develop along with increasing experience to be able to learn them properly so that they become experts, and patience is very important and understand the risks that will occur.

Apparently not everything is as simple as it seems at first glance. I trained myself using videos on YouTube channels and thought I had mastered scalping as it really is the simplest and best strategy for beginners. But nevertheless, it took too much time to make a good profit, and to act differently I simply do not have enough strength or even mind. :'( In order to act differently, you need either a good advisor or a resource with signals that you can trust. But even that won't make anyone a professional.

For staking yes If price goes up its good but If goes Down.... Then its pointless!!

At least If you know what you can make full time income with trading!!