Bitcoin Forum

This is a high volatility market? People don't understand what it means, it means the risk is very high, it can break you more than it can make you, it's takes luck and wisdom, consistency and lesson and teachings learned about trading, coupled with discipline the individual uses to take profit.

This crypto currency market is not trade fair or Walmart market.

Trading is very risky, we just trade with risk management. Never give anybody money to trade, if it goes soar wetin u go talk.

Best is to learn the exact process or strategy, and trade for yourself, than give your money to someone to trade for you in a very high volatile market

Did you recently lose money by trusting someone in this market? Hence the rant, I can totally understand where this is coming from.
But how do you propose to teach yourself, or what's the guarantee you won't lose more money by punting it yourself.

Anyways my best wishes for your trading. Just don't overleverage or get too emotional.

High volatile market doesn't mean high risk market. You can lose all your money in one day on Forex with is not volatile at all but traders go with up to x500 leverage. You can also trade for years here on crypto. The key is money management. To know when to stop. To know how to calculate risk and compensate it with lower position size.

Position Size for dummies:
https://bitcointalk.org/index.php?topic=5266064.0

Learn money management under pressure:
https://bitcointalk.org/index.php?topic=5122226.msg50225995#msg50225995

Nothing wrong with hearing or reading what someone says, in the end it is your decision whether you want to do the things. It is wiser to learn about others mistakes rather than your own mistakes. Press on and you will be successful in trading one day, you can learn but next time think about the decisions that you will do.

True. The "riskiness" of a certain asset completely depends on the person trading it. I can find forex riskier than crypto, while you may find crypto riskier than forex, and vice versa.

With that said, I completely get why OP has that opinion though. Big price movements tend to mostly mean potentially higher losses for the typical trading newbie. Hence why I really don't recommend depositing money immediately for the beginners, as fortunately virtual portfolio(play money) trading exists.

People should know what exactly is the market of cryptocurrency and the nature of its movements. Users have a thinking, cryptocurrency trading is the possible way to earn big. But lack about the true understanding about the market volatility.

Getting suggestions and the basic learning from a known person is always good, but later one need to experiment and do thyself. The suggestion from other persons might sometimes go wrong, but the loss is ours. This will create some bad feelings.

Of course, trading your own money is better than trusting money to someone. Even if this person who knows to trade is your personal friend, family or whatsoever.

Some people understand it and accept what it takes. And some of them stop trading. People who always fail will learn and will be successful one day. If you fail in trading, it's okay. Even pro traders fail, too. So don't be afraid to trade until you mastered the process or strategy in trading.

Setting yourself to learn is really the best way to learn especially what's the best strategy you could get by self-learning. Moreover, I believe we wouldn't have the monopoly at all on learning especially on trading and asking for some help onto experts or taking some advice isn't that bad too.

I try futures trading but somehow it gives no luck yet as I'm also doing some self-learning, been into tens of liquidation (I guess) but it's for experimental purposes only. I know it's risky and I believe that experience as well is the one that teaches us most.

There is never a market that isn't risky but if I have to learn about the market, I'd rather be trading myself than asking someone else to do it for me. Losing will teach traders how to trade well.

I think most of the traders see risk as a chance to make money in the market. The more they learn about the market the more these traders tend to seek the opportunity by trading.

Absolutely right. This is the reason it's so critical to figure out how to trade and management risk. Buying and trading based off hype with no plan in place is how you blow your account very quickly. All the things up to you, what you want to do. You are steering the ship for this situation.

I don't know why people would do that, I mean it's your money so you should be the one doing it so that you know what is happening with your money, I am pretty sure that if a person is interested in trading, he/she should be the one doing it, if he/she does not know how, learn it, educate yourself, just like what you have said the more they learn, the more they seek, so you should be the one doing it plus if you are gonna let someone else trade your money for you no matter how close you are, you won't be getting all of the money you will earn and what if he/she quits trading for you, then you're done so better to invest some time and effort in learning it and for sure it will be worth it.

Any investments can cause anyone to lose all of his/her investments.
All investments has risks, it's just up to you how you will take and manage it.
The risk that has been accepted for the investment will be worth it if it's been properly managed, but it is not always guaranteed.
That's why taking experiences and knowledge is some keys toward the success on trading.

High volatility also brings high profits compared to those that are less volatile assets.
Avoid buying on the peak of the hype.

Strategy, analysis, learning, experience and so on about crypto trading in that market. Almost 70% of people have it all, since getting to know crypto and until now, of course it has been done for yourself, not for others.

The risk is certain, if the market is unstable, why should we give money to other parties to exchange, while we are familiar with the exchange sites that exist in the market today that we have.

If we already know the exchange, of course we do it ourselves.

If you want to trade, you need to learn the basic thing about trading. The high volatility can be anticipated by having enough knowledge about trading to analyze market situations. It is no problem if you are making a mistake while you trade, especially if you are a beginner. But you don't need to stop learning if you want to become a pro trader. As long as you can know how to manage the risk in trading, you don't need to be afraid because you can calm down and know how to decide on the market situations.

There is nothing can guarantee that he will not lose his money in the future after learning trading by himself. But at least he try, and there is nothing to be shamed about it. Trading is one of the most difficult things to learn on this world because when you successfully understand how to make money with it, you will never need to have others kind of job (unless you want to go to work cause of being bored). You are fully managing your economy, your time, your job and also your life.

There are hundreds of books out there and many trading courses on the internet. Put some efforts on it and I believe you will receive much much more. Dont afraif of losing money. There are demo account for you to give it a try.
Good luck and best regards  ;D

Love how you starting with indicating luck as one of the key factors before listing the others. Many feels that's not the case but that's my believe because irrespective of how enlightening, educated or good you're on any field, you'll need a little bit of luck to excel in that field. There has to be those that'll greater than you when this qualities are measure but might not habe your level if luck, which will just out yiu above them.

One of the mistakes most traders make that cost them big time is the lack of using stop loss for their trade. The market is highly volatile and since we aren't bots to be constantly monitoring the market to sell when the market is moving in a negative direction, the only leverage we have over that is to have a stop-limit market already in place waiting to be executed.

The advantage of experiencing trading yourself than giving your money to some 'so called expert' is that you learn both ways, when the market goes in your prediction, you profit and also learn how to make such correct prediction and in a scenario when the market was goes against you, you'll still gain by taking corrections on bettering yourself but that can be said if you're relying on another user experience.

To trade well, emotional management is still a small part.  In my opinion, we should learn more about the market, when understanding how the market works everything will be easy. When the market shows a cash flow, simply buy it.  Emotional suppression and too much analysis only add to the stress. ;)

I understand that people who are afraid of making trades are always going to be scared but it also means we are in a volatile market upwards as well when we are right. Plus look at bitcoin, for the past year it hasn't really moved too much, just during the pandemic period it moved a bit and I understand that but if you are a long term investor you could have started the year with $7k and right now would be over $10k, without caring about what happened in the middle.

This is exactly why I believe that if you are in a volatile market but the long term outlook is great, you could potentially just let it be and not worry about the volatility at all. It is just a way of thinking in bitcoin world, if you want quick gains you may not manage it with all this volatility but in long term its almost always profitable.

Its more satisfying to lose money when you trade it yourself than losing the money by someone else fault. It will just leave a disgust to that person and you suffer in the end. But if you trade yourself and learn every time you lose a trade, it leaves a valuable lesson for you to keep.  Trading is risky everyone knows this already before they even try it but its riskier to give it to someone to trade it for you.

I believe the risk is also high when trading on your own without any experience, and when hiring an experienced trader to trade your cryptocurrency capital. It is in this case that there are more chances to make a profit if you do not have the knowledge to trade on your own, but you have a trader you trust and who can really earn and increase your capital thanks to your capital. But in this case, the main thing is Trust in the trader.

High volatility doesn't necessarily means high risk. There are multiple factors in the equation. If you have proper risk management knowledge and EXPERIENCE which is extremely important in a competitive environment. Only through repetition you learn to master emotions in trading.

For example if you take a position of $100 worth of LONG BTC contracts at $10,000, you will only lose $30 if dips 30%. Is that high risk if you have a $5000 account. Not really, but it depends on your risk tolerance. 

Losing money on your way to gather knowledge is applicable only for those who are really serious about trading and won't give up no matter what the result he will get in the process of learning, A rightful amount of capital is also needed in this so the trader won't burn out in the middle of his "charge to experience trading session". There are better ways to learn trading without spending any penny, Simulators, and practice trading apps are always available on the internet. I think hiring experienced trader before and today is so much different, There are many platforms that offer hiring traders and these platforms show the success rate of those traders. Learning trading and hiring trader is both profitable, It will just depend on your lifestyle and belief on what kind of method you will use to get profit.

Bitcoin isn't as highly volatile as other altcoins, but yeah it is some what volatile. There are people out there taking the advantage of this volatility and making huge profits. But one small mistake and you could lose everything you had, that is something I won't deny. If you act smart and not invest on those shit coins, chances are you will make loses, but you won't lose "everything".
No, you should never give anyone your money to trade on behalf of you. They won't care if they make any loss since it is not their money.

I've never seen a good trader doing trades for the other because if you think about it, why bother to trade others money than to trade on your own if you're good of what you are doing? And to the person who trust the person to do the trading for them, didn't you guys worries if your money might gone for good because you entrusted it to someone? That's why learning to trade on your own is the basic things you need to do because you can't always let others do the trading for you if you are so unknowledgeable.

exactly! if you are good at it, why not do it for your own self? every crypto trader starts from scratch. they learn tips and tricks along the way. like for example, how to spot pnd coins? only experience will give you the edge how to spot those kind of coins. even if someone is giving you a hint, without actual experience dealing with this type of coin, would be hard for you to identify the signals when it is already happening in the market. crypto trading is quite different as every coin or token has their own story. and you need to know their story so you know how to attack them in the market. otherwise, you are blindly trading and losing is in the cards...

Trade with your own money and never entrust your money to someone else because if you lose, you will be the one to suffer the losses and not them. Just keep on trading even there are losses sometimes because trading is just between making profits or losing your funds. Once you developed your own skills and strategies in trading, winning profits is not that hard to achieve.

There is no such thing called fund management exists in crypto trading because they no need to go through tedious process to complete trading, it is simple and can be done in minutes so any amount of transaction can be done by yourself no matter how much busy person you are so yes there is no need to trust your money with someone because no one is going to make your rich, it could be only you.

There are avenues to practice trading before going live demos and stimulators are some common tools, practices and make profits consistently to avoid giving out money to the so-called traders who also struggle to make profit.
There is no holy grail in trading find a good strategy with a low risk and hig reward ratio work on it with a proper money management
Meanwhile trading with a higher timeframe atleast 4H to weekly timeframe takes care of some risk associated with price volatility especially when using a lower timeframe 1min, to 1 hour.

Granted, crypto trading can earn you huge profits in minutes, days, and even weeks, but unfortunately you can also lose everything you've invested or traded in seconds due to volatility results.
And if you trade crypto based solely on advice from friends or whatever, you may end up losing a lot of money if it doesn't go your way and if you want to learn and listen to Expert tips and learn them as best you can you can make better decisions about market issues .

What I believe is trading without knowing what you are doing is simply gambling with your money :) it's very very risky to just put money in either buy/sell order without analysing price trends for a given stock/crypto.

There is a method of copy trading though, where you can copy trade from someone who's an expert by paying a small fee to them, but yeah, it's best to learn all of it by yourself so you save the money you pay on fees and become independent in trading :)

It's a difficult, complex performance skill very sensitive to any inconsistencies and rookie mistakes.

Yes, we need to be responsible for our money and never let other people manage our money because we don't know if they can manage the money or run with our money. Staying to trade will be good for you to make money, but you must learn more about trading to improve your skills to make a profit. But we can not expect to have high trading skills in just one-night because that will need time before we can improve our skills.

And who are in their right frame of mind will give their money to someone and trade it for you? Unless it is a copy trading, but still there is no assurance that you can be successful. And it's our money anyways so I wouldn't blindly trust someone specially if if will involved huge amount of money. So it's better to really learn how to trade by yourself. I started my training journey with at least 0.01 BTC worth of today. It was not a success, but at least I've learn a lot from it, write down my bad experience and never did that same mistakes again.

Of course learn to trade by ourselves is a must, if we are planning to trade, because it is very important for us to have knowledge
about trading, so it will not make us wrong steps. Trading without learning beforehand is not recommended, because we will definitely
have difficulty analyzing the market. And the consequences can make us suffer losses that can make all our capital run out. And don't
follow other people's trading signals to make decisions when trading, that there we can go wrong because buying at peak prices.
Trust your own trading skills to be able to get profit from trading.

Trader needs to learn discipline at first to become capable of following his own rules. If you decide to leverage at 5x but you are sure that this trade can make you 20% with 5x and then, greed knocks in and you decide to make it 10x, your risk doubles here. Do not go for more than what is decided. And always put a stop loss in this because leveraging is another type of gambling where you get the game or you go home being a loser.

Mark my words - It is not necessary to lose first to become a successful trader.

I started playing with altcoins and low amounts of bankroll. Never really learned much of indicators, candlesticks, TA and the likes but I made a decent profit from just following my instincts and trying to learn the signal from noise. News also helped me formulate better decisions on my position, and allowed me to gauge the current market sentiment and draw a line from where the next movement will be. Without practice and just reading books on how to trade, one will never really know how unless they’re confronted by the real thing. Practice hones skill, and skill brings profit. Without those, you’re just a sorry trader living by the books who never made it out in the open.

For me, self-learners are much more flexible and adaptive when it comes to the market situation because they experienced different ups and downs in the market. If you are willing to learn trading, you should learn if with yourself, seek advice and never ask someone to trade for you. Volatile market should be studied and overcome so that your assets will not in risks so much compared to those traders who knew nothing but trade.

There is no trade/investment place who doesn't have a risk (high risk). But it is just for someone who doesn't know anything to trade and he force himself to trade, that is fool decision. For those who knows and have many experience to trade I think all condition market are safe for them, although they got loss they will eventually recover their losses.

As for the volatility market, I don't think that is something that should be avoided. Even, I myself prefer to trade when the volatility market is high, I can get profit/loss in no time, compared to the slow price movement is very boring, I have to sit in front of the monitor with an uncertain feeling. And until now, the low price volatility is something that I should be avoided.

Learning how to trade yourself without any help is not an easy task, not many people can do it because usually it requires some lessons.

However there is a big difference between learning how to trade from other people and just trading something because others do. If you learn how to trade from books, videos and classes you will learn what to do and how to trade but if you just copy someone elses trade and do the exact trade you will never understand why you did that trade and eventually you will lose all of your money.

This is that simple saying "give a man a fish and you feed him for a day, teach a man how to fish and you feed him for a life" because if you teach people how to trade they will make their own money without you but if you just tell them what to buy you are not helping.

I also keep shouting this, you have to trade on your own...
Don't want to be fooled by investment management or brokers who promise big profits if you give them money. they are just marketing and already have a thousand reasons when losing in the market. You will only lose if you entrust your money to others. 'learn to trade on your own even if it's difficult'

Comparing this market on typical markets like Stocks and Forex then when it comes to volatility then theres no doubt that Crypto would really be on the top spot.

Yes, its risky but its also rewarding if you done it well but not all do end up on the same fate.Majority is on big loss because they do believe that market can really help them
on getting theirselves rich or else having that kind of too high ambitions thats whyt they do end up on a failure.

Trading for yourself is the best thing to be done and of course you would need to formulate your own trading style and strategy and as long you are profitable
then you're doing the job well.

Lots of options to earn on this crypto space but this had been the pretty common suggestion.

That's why I don't do copy trading, making a ride or entrust fund to someone who will do trading for me. We know that we entered this risky and high volatile market, we actually learn trading by ourselves but we need to acquire proper wisdom and tools to benefit from this. This is not an easy way to make massive income, it's because we are in unstable market and it is hard to dance with the movements of it.

Rather than relying on other's trading entries, trading by yourself is the best  thing to do, learning how to read technical analysis will be a great help for a typical trader, too.

Sure, because of it's current affairs and investments (virtually unlimited) it keeps changing the market cap at any given time and moves upside down. We all know it has not control in terms of volume and in addition to this market is open 24x7 so yeah it gets that volatility from there only.


Last time I checked people were actually happy with it since they think other way round! Man, it's simple formula; more the risk more is the profit. Also, it is how you play in this market and not how the market plays with you. If you do strategic investments/trades it can literally bump your profits nicely.


Everything is fair here. In fact people love the way they have gotten freedom because of the limitation free market. Moreover it has never been risk free so that call is on the trader. Even stocks and forex are risky.

True enough. The majority of the difficulties most people have in trading is actually deciding or knowing when to stop/quit, when to stop being influenced by greed. The decision making required to stay calm and to exit when you profited is the most important and vital part of trading. Even if we call it a highly volatile market, it really isn't an excuse since if so, then those at stocks shouldn't be able to lose money right? But they still lose it. Traders lose money due to having failed their decision making, no matter what we call it such as luck, unfortunate, accident or whatever, a wrong decision is a wrong decision.

Even if you use the analysis of others, be sure to actually use it only as a basis, not as the core. You can even straight up ignore others' analysis, just do what you want to really do in trading. It's your own money, why would you invest based on what others have said right? Self-learners tend to lose money early on due to not knowing the ropes, but they're more than capable of recovering it if they continue on the path imo.

Blaming yourself or others will not help to solve the problem that you have carried with. It simply you don't understand risk and how to manage it. If we keep thinking about the risk in trading, it also making ourselves think negative which you should have to stop rather than to focus on how to improve yourself. We lose, we gain, these things are not impossible in trading but traders never find risk as a hindrance to succeed instead of helping themselves to overcome this hard situation.

If you manage to have been able to experience how the market could be, it could make yourself more aware of what could happen. I believe that in every trader's life, you would experience getting rekt in the market. I don't know how you would be able to determine when you are fully ready, but that's the uncertainty of traders that everyone experience.

It's going to be always risky. It's still going to be unpredictable. Be consistent with your trading, and maybe you could be successful. We cannot determine entirely how it could end up, but it's still worth exploring.

Accept the risks, and you wouldn't feel so down if you get rekt.

How about the newbies?

How they would be able to identify a legitimate or a scam investment without relying to other people, or maybe just the information they can say or know. It is true that if we could trade by ourself, we could do that but we can't just jump to that without being a newbie first, we all went there and most of us even still rely on this forum for informations and sources.

I have some friend that rely from others and get paid to trade for them. Understand the risks in crypto as we all know price is volatile. I agree with this statement learn for yourself and trade on your own. If your money lose all you can't blame anyone the group that you paid for. This is why it is best to learn and gain knowledge, anyway you will be the one who can gained benefits for your hard work.

If we can learn for ourselves, we will know how to decide related to the market conditions to make decisions based on that. We can try to improve our skills by learning so many lessons because that will be a benefit for us. We don't have to use other people's money to trade because of the risks that will always be there. When we use our money, we will be careful to decide because we don't want to lose our money.

The problem about your friend is what if the traders lost his money are they going to blame them beacuse they lost the money they trust to traders? Of course it's not he don't have any way to complain since he is not the one who trade it . That's why he need to learn by him self to understand the risk of trading and even professional traders can also be lost so how come that you can trust fully your money to other person just because you know he is a trader.

It is clear that each person needs to trade and make their own decisions. Do not listen to trading advice or give money to others to trade for. If anyone can guarantee victory in trading in the crypto markets they will trade with their own money instead of trading for others.
In the end I want to say that don't listen to groups selling trading signals, all of them are scams.

I always support idea that people learn from their own experience and that especially refers to trading. It's good to know some theory and fact about trading, to listen to experience from other but you will learn to trade only on your own, on your mistakes and winnings so don't think that any tool, bot or guru will teach you how to trade.

^ Trading on your own is a good idea, just like having your own research in trading in order for you to survive the race of trading that everyone becomes predator, not prey. But if you are using a tool by your own command, I don't see any problem with this, most especially if you can't face 24 hours your PC alone in a whole day. You need to have a bot to execute while you are in rest. Nevertheless, the trading bot is good but doesn't rely with this. Learn from your mistake and improve it, that how good traders are. Once you have a loss in trading, dont afraid to start over again, this time you are not from the scratch, you have learned and started again but with an experience.

I don't know what anyone has stated, but nothing beats trading by yourself, you feel this genuine confidence and peace of mind when you trade for yourself with your own capital.

Mind you, a trader needs a focused mind, never collect money from people to trade for them.
Always dyor

Learning the skills for trading cryptocurrency is not easy, so that’s why some people needs to invest in the hands of some good professionals to help trade for them. Although scammers has been the ones ruining this space by pretending that they are professional that needs investors funds to trade, and when they might have gotten those investors to invest the money, they will make away with it.

Maybe you might have experienced something similar for you to be saying that. But it doesn’t mean that there are no good professionals that are doing their job and getting investors the profit they deserve. If you can’t do it, but you have the funding, as long as you can get a reliable person, then why not go with it?

It's true that it is not recommended to give money to anyone so they would trade for you since they can easily ruin your investments the best thing to do is to figure out which strategy and coins would work for you also it's important not to focus just on one coin but it's better to divide your investment to different portions. There are some tutorials available online for free where in you can learn different strategies and maybe you can figure it out which strategy suits you.

The thing is, even if you do trust them and you end up giving them the money and they do not steal it, there is a big chance they are not as great investors as they claim to be and that is about the biggest problem there is.

We all know there is a huge risk that if you give your money to someone, they could potentially just take that money and leave, which would be the biggest possibility but people are smart about it now, they do pick people who will not scam them better compared to previous years, but even with that, you could still give your money to someone trustworthy and they could just bankrupt you.

I have seen people who invested 100 bitcoins that went down to 80 bitcoins after just a month, dude was a legit person but he just made a horrible investment.

This is exactly true and what people who are just new on entering this industry must understand. Instead of entrusting your funds to other people and ask for favor to trade your money for the sake of obtaining profit, better learn the basics and the process of how trading is being done for we do not know how people's mind works most specially when it comes to involvement of money which certainly even your most trusted person can fools or betray you. So to avoid such happenings to come along the process, better make yourself knowledgeable about certain things that you must learn about trading.  Ensure that you are continuously making yourself learning as time goes by so that you will always be updated that you do not certainly need to ask any favor from any person to trade your money for you can already do it on your own.

Not just because others can ruin your investment but because when you invest under others for trading you basically learn nothing in the process and the profits they share with you are usually way too less as compared to what you might have earned. Also once they accumulate enough funds they will just send back your investment and trade of their own. Basically you cannot rely on others to make money for you because no one is naive enough to work for you lifetime. They will learn with your money and once they get established they will start their own.

I always trade by myself and I know at times I feel there are so many traders who have various kinds of bots, scripts and software that can generate better profits but at least when I trade myself I have learned the basics of how market movement are done. With time I will learn those bots and scripts and buy them for my trading.

And there are also traders that instead of using it to trade they are using that money in thier own and tell to those people that trusted him that the balance is lost and I can only give small amount for now since the capital I use already wipeout with one trade. And investors can't complain if that things happen, that's the reasons why you need to learn it by your own.

Thats why its never been a good option if you do just rely your funds into someone which do claims that he do trade well because anytime those person can really ran off all the money that they had accumulated.
This had been a pretty common scheme where people neither ran the funds and vanish or would just simply tell that the market is shit and lost it all in trade.What they can do? nothing and you would just end up
on regretting that you shouldnt have invested that money and better to trade on your own.Majority will not really matter much if they dont experience loss or being scammed.Its worth to
try out things on your own than on relying into someone which is really just trying to scam out people.Also, it isnt good that you wouldnt learn on the process because you are just relying
others calls or signals.

suggest some good books to read

Books not worth it to read by trading, Of course internet is the most good thing to search by starting a trading books will be old and internet will be the present time you can see to search and day by day you can manage.

Its your money so the onus also lies on that person because trading in crypto is risky as it is highly volatile. So, learning and knowing is very much necessary before anyone start to trade. The more you learn and get experience better as an individual as this will help you in future to trade and you will not have to depend on anybody else for trading tips.

I know from the start that cryptocurrency was risky and so trading. We cannot blame others that they entrust their money, their token to other people which is knowledgeable in cryptocurrency rather than taking time for themselves to learn trading easily. Its not easy to trade, maybe they are afraid of getting lost their money. And im sure also that even they entrust their money to others maybe they are studying the crypto market and planning some strategic plans regarding trading.

I agree with some part but if one can profit better than me than why shall I bother trading myself? I mean if I am not experience enough and there is a guy who can bring better profits with his method and has some good ways of doing it, then shall I bother putting my hands in it? Yes for learning I can always make a demo account and start learning but just because I want to learn trading does not men I should miss a good investment opportunity.

Look the richest people are those who invest as well as learn like you can see Jeff Bezos who has his own company and must have all the knowledge but even he invests when he see a better opportunity. It is like if a guy plays better soccer than me then I just pay him to play for my team instead of learning soccer myself.

I have never given anybody my money to trade for me before, no matter how good they claim to be.
I have received several messages in the past from people who are claiming to be very good at trading and claim that if I should invest the money in their hands they are going to use it to make lots of money for me.

I never trusted any of them. Even if I have no skills in trading, I would just go with HODL and not stress my mind by giving my money to people I don’t trust. At the end you will start hearing different stories about your money.

I learned my trading skills through books as well, so its worth reading for specially if you have limited access on internet, books can be your guide and this maybe an old style but it is still working despite of the growing technology.

There’s a lot of ways to learn how to trade, by reading books, through seminars, and youtube tutorial but don’t expect that to become an easy road for you. Trading on your own is challenging yet more profitable than to trust anyone, you have to focus on your own timeline and don’t get hype by anyones portfolio, trading is about winning against yourself and the market.

It's not a correct one,if you gave the money to another person to do trade.It's yours money,even if you had loss it no problem.From that you will learn,how to do trade.Trading is all about the experience.I had gained 500$ with the investement of 200$ from this trading and loss some value when the market is down away.

This is what I've got from a quote.
Have we felt comfortable in trading? A question that we need to answer before we continue risking our money and wasting our time.
Do we think trading is an easy job?  No, no one will say that but instead hearing many from them that trading is risky and possibly you'll lose any time of the day.

We have to know the fact that trading isn't for everyone.

there is a famous phase in crypto trading DYOR ( do your own research )

Learn to do it yourself! If you don't learn how to do your own research, how to trade by yourself, you will always relay on others, third party services, and you will depend on them. The beauty of crypto is in that, to do things alone, and to do it how you want it and whenever you want.
It's important to know how to learn on your own, when changes comes it will be easier for you to adapt. One good quotation about it I totally agree with:

https://i.pinimg.com/originals/6f/45/a4/6f45a489bf7b6bd1b6810d86137e4424.jpg

It's not just research. Never trust your money to anyone.
I think that is the point of OP.
Trade by yourself. Learn everything on your own so that you won't regret anything if something wrong will happen.

The better part if you lose is the experience.
You cannot get that when you just let people trade for you.

When I saw the bolded, I suspected where OP could be speaking from. And then I saw the one below 👇and realized my hunch wasn't wrong, after all.

Naija, I hail thee! Area!

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This, on a serious note, goes with the axiom — Teach me how to fish, and not give me fish. It's very important doing it on one's own even when the learning process is daunting and herculean. Acquire the set skills for trading and you won't have to live in want for life.

Getting suggesstions, recommendation, tips to the others is not bad because for sure you will really use it in the future.
Learnjng by yourself is really good before asking question about trading you do a research but if you do not see the answers or what you are looking for you but if you do not find it that's the time that you gonna ask a professional trader because it is risky to make rush decision maybe it will result bad result.

I think not even books or internet articles, the best way to learn about trading is actually by doing it, facing loss and then realizing what mistakes you made. Trading specially is one thing which works on reverse principle which means you first have to do it and then learn about it. Most of the things we do requires learning first but trading and since it is crypto trading requires you to start and then backtrack as you do loss and find what you could have done better.

Improve next time and learn from the mistakes you make further this way you learn and the cycle never stops, one who thinks he has learned everything about trading would never be successful in long term because we need to learn every day being a trader in crypto.

As we expect the number of people may increase due to an increase in the bitcoin price. Expect some members will try their luck again through trading. If you are one of these are you sure that you will continue?

Make a validation to your self first.
1. Do you know about trading?
2. If yes how's your capability to make a trade?
3. When is your last trade?
4. Do you win most of your trade?
5. You can afford to trade?

I can't understand what kind of book you mean to read but this is a trading discussion, so I can think you are referring to book relating to trading. I suggest to you to go study babypips.com
That you can have basic knowledge of trading.

Exactly and a fast mover doesn't make mistakes to learn from them instead he watches others make mistakes and learn from them. If you start learning with only your own mistakes then soon you will end up having so much loss that you cannot ever recover it.

I cannot think of a professional trader in our crypto community because people who are experts will never do any kind of marketing instead they keep earning themselves and it is hard to find a trusted source for advice or training and those guys on youtube are all idiots.

Always come with a plan in trading for you to lessen the risk and I don’t suggest to ask someone to trade for you, it can make the market more risky and a higher chance to lose your money, also there’s a trust issue with this one. Trading on your own is very effective, especially if you already know how to control your emotion and know when to buy and sell in the market, this is a process and everyone who pursue trading will learn it on time.

Not many traders come with their plan and know what they need to do related to trade. Trading requires the discipline to learn, needs time, and when you make a plan about trading, you don't have to worry if making a mistake because no one will have high skills in their beginning.

When you can learn and have experience in trading, you can minimize the risk, and you will be able to manage your money. That is important to do because without money management and have a plan, you will not make a profit, but you can lose your money.

Trading attracts many people to come and try, but the mistake is they are not learning what is necessary, and directly to buy any coin without analyzing what the potential coins. They think that they just need to buy the coin and don't analyze the coin, and they don't need anything except waiting for the price increase.

Everything can be learn in a specific period of time but there are people whom do really rushed up into things and that would really result into loss.

Some do really opt out in letting others do make the trade or simply they do just give out their funds and other do the work without even thinking that theyre
doubling the risk of losing.

Trading by yourself is always preferable where it is really worth on the time spent and the money you had put up into.Yes, you might be losing but you do make
up your own learning which would really be useful into your future trades.

I totally agree, we better trade by ourselves, by learning trading strategies. Instead of trusting other people to use our money for trading.
Because the results of other people's analysis are not necessarily more accurate than our own analysis. Especially now that the crypto
market is bullish, so it's a good opportunity to trade crypto right now.

If you deny any help from anywhere else than just yourself, you are not going ot be happy with what you have, it is going to take a long time before you could get back to where you are if you do that, and that is why you should be taking some help.

However there is a difference between help and help, one of the help is getting help from studies and youtube recommended (not from youtube but from other experts) videos and basically just teachings that told by experts to newbies that could help you a lot. However if you just find a guy and he tells you to buy something and it is individual suggestion of a coin, that is not going to help you, even if that coin goes up, that is a help from the profit side but it is not a help from the learning side so you should get help but be careful about your help.

let say you follow all the qualities that you have listed and you are trading on your own .

this dont mean that you can now make money but the point is that you are trading on your own  . you wont get scammed but you can loose .

if you lend money onto someone and say they can trade profesionaly but how come when the market is volatile ? they can loose too but what if they wont trade your money and they will scam it otherwise ? that was a more painful  feeling .

I disagree with you.
Many new traders loss their money during the trading they carry out hoping they can do it without any help from the old trader who knows all the strategies to trade and make a good profit. Many who want to learn it by their self without the help of the old trader always loose at the end of the exchange because they lack the knowledge of trading in the market.
It's better you follow someone who know how to trade very well to impact you before you can start trading by yourself in the market.

Well, you have a point there.
There are too many tools where you can learn in trading and of course, -- if you are beginners in trading you can also use copy trade strategy in trading or using an automated trading bot is also a great tool that makes your trading easier. How many funds that you will waste just because of the trial and error strategy because of the purpose that you will trade on your own. Trade your own is good but trading with many references and tools to be used as a great advantage among others. In trading is just like a competition, you will lose if you don't have the tools to use.

Yes, there are more risks and scams in running other people's business trade is much better to adopt your own strategy when learning comes to trading. learn helps to move on to the next step even if it is a losing trade is very difficult to understand what is going on in the market. if you analyze yourself well from Active in the market will increase both knowledge and skills and trade will be easier to collect new information. It is not right to believe that people give wrong information in their own interest.

This is what in my opinion anyone interested in the markets should do, even if at the end someone ends up hiring a money manager how do you know if the guy is any good if you do not know anything about trading yourself? You need at least a minimum of knowledge even to just select someone to trade for you and for the most part people never reach that level simply because they are too lazy to learn and that is inexcusable as they are risking their life savings in the process and a bad choice here will have huge repercussions in their future.

Trading involves a lot of risk. First u need to ascertain that your broker is trustworthy and not all those brokers who manipulate signals to cheat traders. But if all the risks have been ruled out, then i don't consider giving your funds to someone to trade for you as an option. It's better you fo the trading yourself

It's still good to have some guide like watching videos or a person that provides tutorial for the facts and possible strategies like in Udemy or other tutorial app, like where I learned trading too. But never ever let others to the trading for you, it's enough that we pay for their lesson but we should be the one who will trade and decide where to trade, buy and sell. Just find references where will fit you and your comfortable to use with.

It's better to learn and trade for ourselves than letting others to do it because there is a big chances that you will end up losing your money if you will end up to a scammers.

The risk is always there if you want to trade but the risk will continue to decrease if you will gain more and more experiences as your knowledge will continue to grow as the you gain more experiences. Just be patient only and don't be greedy, you can only start from a small amount of money if you think your knowledge in trading is not yet that good so you can lessen your losses.

Many people today want to get instant profit from trading, so many use copy trades or trading bots to get passive income from trading.
Even though the fact is that making profit from trading is not that easy, many things can cause market prices to change drastically.
Therefore it is safer to trade manually with our own analytical skills, so don't be lazy to learn to trade. As most of the successful traders
I know, they prefer to trade themselves rather than trust trading signals from other people. Usually, if we do the analysis ourselves it is
much more accurate, because we are more serious about analyzing the market to be able to generate profits.

Trading manually is a good start to fully understand the market. You can also gain insights about the behaviour of new coins. By experience, you can also spot alts that are only pump and dump and with no use case to move forward. You will know how to avoid those coins. Because once you got caught in the middle, you will be left as bag holder of crap coins. But manual trading takes a lot of your time and patience because you really need to know what's happening in each of them, development-wise, so you know where they are heading. And if there's nothin in it, you will get the impression also. So for me, if you do have time, better learn the tricks and tips because in time, it will pay off.

OP is trying to say that we should not trust anybody with our trading money, and we should learn it and do things for ourselves. You’re also right with what you’re saying. At the start traders supposed to learn from others, when I started I didn’t do it on my own, I learnt from others as well. Reading articles wasn’t enough for me to learn the skills and become expert, I needed someone to walk me through it.

But, after you have that skills you have start trading by yourself and not expecting people to do it for you or trust anyone that claims to be trading for people.

I don't know about that.

A lot of things could be read in a book and you can't actually read them online unless you bought them as an ebook. Internet and Books could be our resource of knowledge to trade. There are a lot of ways you could learn trading and I think one of them is to start asking here in the forum since there are a lot of good and great traders here that would walk you through basics and reading here could help you so much.

Exactly. It's just plain wrong to say that it's not worth it to read trading related books. To be successful in anything, first you have to know fundamentals, and what's better way to learn those other than reading. Those who skip those basic steps and just rush into trading will learn soon enough that it ain't so easy to be successful, and that it takes a lot of time and effort, otherwise trading will be gambling and nothing more.

An average crypto investor is impatient, greedy and ignorant so I'm not surprised that some even think that educating themselves via books is a waste of time.

Most of the cryptocurrency traders here are self made. This means they came to know about bitcoin, further learned about bounties. Slowly this makes them look for other earning opportunities. This is the reality with the traders of our forum. People find it difficult to learn out of books, because common users make use of their own strategy to make profit and when they learn about a different strategy it'll be entirely different for them.

Most of the trader here are common crypto investor. So, greed, impatience, and dependence on luck always be with the user. Here very few succeed while the rest losses.

Don't ever give inn for anyone to help trade your assets for you becasue, that will be a mistake as the market need individual input for success. Most of those traders don't have the needed experience about trade but will opening give assurance of a good return for anyone who lease their assets to them for trade. Doing this stuff yourself (trade) will be the best option for any trader out there becasue, the risk involvement will be manage carefully than outsider in this regard.

This is something that not many people talk about it, if you take a lot at the history of some of the best traders you will find that in many cases that is how their story begins, they had money and then they select a money manager to gain them money only to find out the guy just lost them a lot of money and yet the money manager still gave excuses about why this was not as bad as it seemed, so those people decide to just trade on their own by learning how to do it themselves and that is what we should do as well.

Of course with your own hard-earned money doing business is better than relying on someone else. She is your personal friend, family, or whatever. That person knows how to trade. He never stays behind in the hopes of friends, family. Not everyone can move forward on this. Some people understand this and he accepts it and succeeds by sticking to it. People who always fail will learn and one day succeed. So failing is not a bad thing.

But there are people who are really afraid to fail that's why they do tend to play safe via letting their money to held by others and make trades for them.

Its not really that worth in most of the time because we wont know if that someone is just trying to scam you out or wont really be that serious on handling those
funds since they do know that it isn't theirs.

Unlike if you do risk your own money then being serious would be your genre.Failing is part of learning but people cant really just accept this fact.

There are copytrading nowadays where you automatically copy positions managed by someone. If they win then you win the trade too, if you lose then you lose profit. For people like me who is really not suited for trading, this is perfect for us who wants to earn more income. I've already tried studying how to trade but what I'm finding hard is how to control my emotions properly.

it contradicts with learning by yourself and riskier to lose capital because there are a few hidden pitfalls
- you don't know whether the person being followed is really capable and there is no guarantee to gain profit.
- you have to pay the fees, a percentage from the winnings (E.g. 25%), a monthly subscription fee, or a high withdrawal fee. check it out before deposit.
- minimum first-time deposit determined by the platform, considering 'the fees' mentioned above, your capital already reduced.
- there is a limit for copy traders how much you can bet and the permissible percentage of the amount that can be invested in one trading activity, as specified in the platform's policies.
That's why learning the concept of trading makes you understand the theory behind the strategy which makes money, there are no fees to pay and you can decide how much you want to place a trade. Just learn the strategy, concept, risk management, and money management.

If someone is too scared to the point they cannot trade for themselves then they need to avoid trading and investing at all instead of looking for someone else to do it for them, the few traders and investors that have a proven record of winning on the markets do not accept anyone unless they bring tens of millions of dollars with them, that is how scarce they are, so if you give your money to anyone that is not them then you are bound to be scammed or to at least lose your money by the ineptitude of the trader you selected.

Just to have that simple logic where if those people are making money then even with minimal or average amount of capital they would able to make it grow and they wont really need any investment
or fund management from other people yet they can simply and not being stressed on handling other peoples fund.

For those who do accept fund management then be sure to have on doubts because im not really that convinced when it comes to those trading stats if they do show up
some good numbers.

Its always been suggested to trade by yourself.Loses are part of learning and don't make it as a hindrance for you to engage with trading just because you are
scared to lose.If so, then investment isn't really just for you.

Instead learn from its own pace before he/she got involved to the trading. Trading was not easy especially for newbie that's why he/she need to do its own research first, observe the market and make herself/himself ready for whatever the outputs of its trading. The output were only winning or losing so they should be ready and of course the control of itself and having a limitation of how he/she can afford to lose with.

Everything is hard at the first time and newbie will faced many problem after joining with trading or investing, difficulty with trading begin from how to deposit money and buy altcoin, other how to withdraw assets become cash money until most difficulty how to read chart of bitcoin and altcoin when raising to higher or lower price, almost beginner always accepted with fake information when buying bitcoin or altcoin after have higher price, they not understand when moment to buy and sell bitcoin to get much profit. But some beginner look not confidence when reach much profit keep waiting and holding again to get much profit.

Trading is a process of learning, a lot of newbies misunderstand it because they think trading is gambling where they think that there is no guarantee of winning in it. Actually trading will only become a gambling if you do not follow nay trading system and concepts. When I was a newbie, of course I also made a lot of mistakes and one of those mistakes that I will never forget is by insisting myself to join in pump and dump groups or trading signals groups. I thought that I will made a lot of money if I will join that scam groups, the main trigger that lead me to do self study is when I lose by joining in trading signal group. For those newbies out there, do not be deceive to other people specially those pump and dump groups because for sure it is a scam. I learn to trade by myself by having healthy community, I read a lot of books that help me to learn a lot of concepts that I can use in cryptocurrency market.

I am trying as much as possible to push every crypto interested individual close to me to get involved not put a part in my portfolio. How do I explain the volatility with bitcoin and fiat value if they dont get involved? I am still working on my emotion with new project but overcome the volatility in price movement, beside emotion in bull market is a very interesting but the greed will be managed this time.

Well Crypto trading is definitely risky and highly volatile but this is not necessarily mean the higher the volatile the riskier it is, take Forex trading, for example.
Crypto Trading is indeed risky if you don't have enough knowledge and experience on doing it but as long as you have these essential needs or fundamentals you can somehow pull it through.
Honestly, I never to give my money onto someone to trade for me not because I don't have trust in them but because I can do it myself though so why would I let them trade for me.

Don't make things difficult, you can't make them to be like you nor have them believing that Bitcoin trading is a quick-rich scheme. What I would like to say is that, let them find good things about Bitcoin and never pushed them either. because those people who wanted to know crypto, particularly for Bitcoin wants to change their mind as well as the believe crypto trading is a worth to try for high-risk takers. But if they are full of doubts, no/less interested to learn can be hard to handle their emotions once they are in actual trading. 

Am pushing only those that  are crypto interested and its about doing it themselves

Yes correct, trade for yourself so that you will not rely on someone else. You know that in trading it is not always winning, most of the time now you will lose in the coin you are investing, market is unstable me myself cannot understand it most of the time, but it will be good if you will learn it, because if you do, you can take a profit instantly without putting in a long term just by day trading.

 You seem to be very serious about this business, and this is great. I am sure that even a person, who does not have much money initially, has all chances to become a very rich guy. All he needs to do is to concentrate on learning everything about crypto and trading, and practice it.

Correct, however it still makes sense for those that have a proven record to accept investments from other people, but as I said they will only accept people with a lot of capital, and this is because they get a cut of the profits they make with no risk for themselves and that is very important, as an example lets suppose that an investor gives 10 million dollars to a trader that can actually produce profits in the markets and he has a yearly average of 10% per year which amounts to 1 million dollars, if he gets a 10% cut of that then he gets 100k without having to risk a single cent from his own account, so even if you have a winning system it makes sense to accept other people and trade for them, the problem is that people give money to traders with no proven record and that is when they run the risk of being scammed or lose their money to the markets.

Trading by yourself should be obligatory to all who yern to earn or multiply their coin balance through the trade markets. Learning the trick about the trading concepts could be a more easy thing should you focus your attention on trying to learn. The very same thing you could do as an individual trader is what trading organizations or institutes do with your money and in turn, give you a few percents periodically. This is simply what ignorance and in experience can do to you, should you choose not to learn. To make the most out of trading, it's bets you learn how to trade.

As I understand it, you are talking about trust management? In general, you are right, any trust management of your funds will lead you to losses.
Why would someone who knows how to make money on trading take other people's money for buildup? Of course, only in order to reduce his risks in case of losses, but he will not lose his money, but yours.

Relationships, for one. But literally billions upon billions of dollars are given to hedge funds so that they can trade on their behalf.

Trading system is not what you will learn today and start acting you are perfect for the trade. Many loose their money why some are still go to lose because them don't listen to market rules before carry out their trade. The last profit I really enjoyed over a month was the trade i try with myself to see if I can do it without any facilitator, which it really work well for me at the end of the trade.
Learning from somebody how to trade in the market is a very good idea, anyone can obtain from their trader to move with their trade to become a good trader in the future. Many has loss in the area of trading just because they want to do it by their self to make a good profit.

There are two ways to learn or to generate a trading system. First is by buying a existing trading system, there are online teaching and online community about trading where you will apply or enroll in their program in order to access and learn their trading system. The second is by generating the trading system by yourself, this way you are the only one who will develop your own system. The only disadvantage of it is the time because it will take a long time to have a trading system unlike buying existing system where you can master it and apply it easily. For those who want to buy existing trading system, make sure first that you will purchase proven where a lot of traders make profitable and made a lot of improvement after they purchase the system.

When it comes to trading by yourselves, it is really good for us to be independent. A lot of traders are continuing to lose their investment because they are easily deceived or they keep following the tips of other people. They became dependent others and it is the reason why they do not have confidence to do trading by their selves.

It is definitely better for us to do trading by ourself, as that is how we will move to a positive future. As if we are not doing to do that, then we will face a huge problem. Luckily, I am with eToro, and if anyone reads their Review (https://www.daytrading.com/etoro), it will be enough to say further. So when you have a manual approach that supportive broker, it is always a recipe that is of the highest level of success and comfort for all involved.

Learning from others is a good idea only if the people you learn are actually good and experienced because learning from someone who is just trading randomly and honestly speaking trading is similar to gambling and there is only a small margin that separates gambling and trading so one might have profits but doesn't make him a good trader, one who does it consistently backed by the proper execution is one you should learn from.

I never learned from others as much as I learned from my own mistakes so I always tend to suggest that don't just take ideas from outside, get into trading face some loss (don't start big) and then as you make blunders learn from them and move forward. What is important is to make sure that the mistake you made yesterday you don't make that ever again.

If trust is the only problem then actually that can be solved as a lot of traders take your login but don't get access to your email and 2FA which are required in order to make a withdraw. So, they basically trade in your account and have the money but they cannot withdraw it so that eliminates the risk factor completely.

But, speaking in general I would also feel tensed giving control of my funds to someone else just because he claims he has a better trading knowledge and sense and I should  hand over my funds under him. I know there is no risk of scam but some foolish trades might lead to obnoxious loss.

High volatility doesn't mean high risk in the market even you have lost your fund. If you can't make successful trade then the problem is your strategy. So first learn to set your strategy then go for doing it. I have seen many people who just started without their strategy and lack of knowledge then won't get success in this field. So make you a professional one by learning.

I totally agree to you knowing how to trade yourself, there is no way you will learn how to trade and not know the conditions surrounding the profit and losses.
Sometimes, giving money to people is not actually the problem but the trader need to detail those people on what it takes to make or loss. In bitcoin trading, you don't just lose if you are not investing in the wrong coin,at times all you need is patience to bring out your Gain.

First hand information is much good than second or third hand information, if you trade by yourself; you will gain experience that you need to feel wherein you can able to used to the volatility of the cryptocurrencies and to understand that there is a market cycle. Is there any trader who are profitable where they are dependent to signals or prediction of other people? The answer is none because all of them are keep incurring losses because they do not have foundation in trading and they are not used to trade by their selves. The good thing in trading by ourselves is we can so much knowledge that we can use in order to make gains and prevent huge losses in trading. Trading is simple but it is not easy and it is the reason why we should develop our skills first and gain many information in order to be profitable. 

It is better to trade on your own it develops both knowledge and skills and you can learn a lot about the market trade is a higher partner and it is important for you to master the basics before trying to make money for yourself or your organization. The key to the trading environment itself is to learn a lot about the ways in which you can make money and how they work the best trading platform helps you learn a lot about how you determine your profit or loss where others put the trade at risk.

Any trading business whether it is traditional or in crypto trading both have high risk to loss your capital this is the truth.
Now our loss is not depend on how high is the risk dude. Instead, risk will only enter when you decide to make a trade in any platform
exchange. Now, the question is are you willing to take the risk? if not, don't go with this type of trading industry that you will regret in the
end.

The sad thing is that majority of people who do just decide to dive in into the market neither traditional or crypto is that they do saw other gains in a very wrong manner
where they do believe that making money into this market is easy without even thinking on the level of possible risk that lies ahead.They would just realize when
its already too late and neither these people would just turn their back and never came back or some will come back but already prepared for the second time around.
Most of the time our mistakes is the stepping stones for us to learn but there are people who dont welcome up some changes but instead on quitting and never came back.

The proposal from different people may now and again turn out badly, however the misfortune is our own. The high unpredictability can be foreseen by having enough information about exchanging to investigate market circumstances. It is no issue on the off chance that you are committing an error while you exchange, particularly on the off chance that you are an amateur. Yet, you don't have to quit learning on the off chance that you need to turn into an expert merchant.

While I agree that for those that know how to trade and have produced profits on the markets in a consistent way hiring a money manager is not only unnecessary and a waste of money, however you are making the assumption that anyone can learn how to trade and I do not think that is true at all, the majority of people cannot learn how to trade and I think so not because trading is incredibly complex, which it is, I think this is the case because very few people have the emotional control necessary to take the right decisions when it counts the most and as a result of this they lose money that they should not.

If this is not shilling; how do you define etoro? how does it work? does it help newbies trader with how to help themselves and trade by theirselves; or does it cringes to earn out of the naiveness of others? Remember that trading has to be easy and taught in the most easiest way, does etoro function as such?

learn to trade by yourself is not always possible to master the right situation in the market. no market is in the same situation then you have to prepare yourself in both good and bad ways. we compare ourselves with others This cannot be done compare yourself with others or become your own competitor. Because you will be the winner give yourself more importance. One has to abandon the activities of others and move forward based on one's own experience of the market situation.

true and by do that, you will know how to deal with different situation in the market rather than following others choices and you can not learn anything from that.  also by trade by yourself you can pretty much control everything such as setting your profit, cut loss and discussing with the community, just imagine talking with the other traders and you don't know what thell you are talking about

Better to try again and see if you really have good potentials in learning good strategy. If you feel that there's none, then better to quit it's only signified that trading is not yours to continue. Everyone wants to learn good strategy but not all will succeed, this venue of business are for those who can developed skills and knows how to adopt.

For people who are not ready or doesn't have any good control with their emotions, it will keep the same results from time to time, emotions if conquer your mindset will lead you to decide inappropriately.

Indeed, and you know what I am learning to trade by myself, I'm not good at taking so much risk, I am having so much losses this days, I lost almost 2eth last time, I knew that it is maybe small than others traded amount but for me it is already big since not all the people can bet 2eth and lose it, and also it is big for newbie trader like me, but then losing is the part of growing. Failing forward is the thing that we need to learn, the first thing you need to learn in trading is that learning to stand up after failing in trading.

You are very right; once we make mistakes as traders; we must be able to identify such mistakes; look for solutions towards it to fix the error and ensure that will ascertain perfection for you. Giving up also cannot be a mistake; sometimes, we need to a 3 steps back before a step forward after a mistake, because humans have different emotions limit. Never get worn out; take a break if things don't go your way consistently.

There are lots of benefits that comes with trading by yourself and for yourself; you have the feeling of being secured and confident; you have this feeling of not being under any form of pressure; because it is your trade, your capital and your time. all you get to focus on is you improving day by ay until you be a trading professional yourself.

From the little experience am having is better you learn how to trade your self and learn everything you have to know about trading and you also have to learn risk management and other things like that!!! You don't have to trust anybody with your fund and your private key even if the person is your friend!!! So is better you learn how to trade yourself.

In case you need to exchange, you wish to memorize the fundamental thing around exchanging. The tall instability can be expected by having sufficient information around exchanging to analyze showcase circumstances. It is no issue in case you're making a botch whereas you exchange, particularly in the event that you're a apprentice. But you do not have to stop learning in the event that you need to end up a master dealer. As long as you'll know how to oversee the hazard in exchanging, you do not got to be anxious since you'll calm down and know how to choose on the advertise circumstances.

Actually, you can learn trading by yourself as there are a lot of tutorials online but that was good and easier if there is someone who can teach you. A reason why we have mentorship, some traders asking help from their friends, or even from strangers. But the problem is that they are also asking for fees. Well, I don't bother to pay for that if I also benefiting from it and has a positive result.

Yes, this happens. When you pay fees you need to get something out of them. Whatever might be, try yourself following footprints. If required have some reference, from that start your own journey. Every small experience out of your experiment gets you big learning. This learning will make you better than before in all aspects of market prediction. Apart from this set yourself into a schedule on learning, only then you can make what you desire. Myself used to plan, but fail in execution. :(

for yourself it is best to manage our own money rather than giving it to someone else. from the results of managing our own money we can get the experience and technique that suits us. because basically trading is a mystery, it is not enough for us to just analyze, there are still many steps that must be mastered

Indeed. The best way for you to learn something is to do it all by yourself because anything is possible as long as you are dedicated to doing it. Entrusting or giving your money to someone else to trade is a risk because there is no guarantee that his/her strategy will be profitable. Hence, it would be best if you traded all your own to develop your own strategy that is profitable and suits you.

It's expensive to learn from experience, but as they say, experience is the best teacher. Though you really learn from experience it is wiser to just get a course where you can learn from others trading experience. It's essential to learn the potential patterns and all the signals. It will take years for you to learn that from first hand experience. Its much better to get idea from other so you coukd easily start trading.

You can likewise exchange for quite a long time here on crypto. The key is cash the board. To realize when to stop. To realize how to compute hazard and repay it with lower position size. Large value developments will in general generally mean possibly higher misfortunes for the ordinary exchanging novice. Consequently why I truly don't suggest storing cash quickly for the amateurs.

Trading is risky for those who don't learn how to manage risks, know when to get rid of greed and stop losses, the best crypto trading for me is still buying bitcoin in reddish market and wait for recovery to take some profits, this never failed me once, all you going to need is enough patience cos sometimes your order may take too long

Its expensive because you will learn from losing large amounts of your funds. You will fail many times and from this failure you will learn a lot nothing compared from what the people are teaching. Being knowledgeable from experience is learning the hard way. So if you want to avoid this hard way, consult someone who has a lot of experience. But still first hand experience is still the best.

There are many ways to learn anything. In fact, you only have to choose whether you have enough discipline to learn yourself or whether you should resort to the help of an experienced specialist in this matter.
Personally, I like the choice of the teacher much more, since it is the teacher who is able to quickly and efficiently transfer his knowledge to the student. This path seems to me much faster than my own trial and error.

Depends into someones preference but if you do need to pay up premium for such mentorship then I don't see for it to be worth but if you do spend up only a few bucks
then you can test it out and I agree into the point that it is much better when someone do guide you and at the same time you do make your own self-learn.

This will fasten out the process even more for you to learn but there are people who do just choose to learn by themselves without needing any mentors or
teachers in regards to this since most of information you can seek is already in the net.

Its up on you on how you gonna effort on trying to learn up yourself along the way.

It is more astute to find out about others botches as opposed to your own errors. Press on and you will be effective in exchanging one day, you can adapt yet next time consider the choices that you will do. Exchanging is unsafe everybody knows this as of now before they even attempt it yet its more dangerous to offer it to somebody to exchange it for you.

Absolutely true, learning how to trade by oneself to me is the easiest becasue there are series of contents around the internet that can help anyone grow his or her skills in trading. Personally, i learned to trade from content on the internet and as for today am proud to be a trader in my own little way, so, anyone can do likewise. For mentorship, having one would be good but as you rightly said they ask for fee which is the right thing, so, i suggest you make sacrifice because sooner you will be a mentor too.

learning about trading is not easy, many channels offer trading signals,
and of course high fees are an obstacle, self-study is one of the great things to do,
but unfortunately it must be tried for real, if you want to master it.

The high unpredictability can be foreseen by having enough information about exchanging to dissect market circumstances. It is no issue in the event that you are committing an error while you exchange, particularly in the event that you are a novice. The market is exceptionally unpredictable and since we aren't bots to be continually checking the market to sell when the market is moving a negative way.

Why give money to someone, if he is a god maybe we can believe but if still a human who is very likely to make mistakes, then there is no good reason for you to give someone money just to trade. Trading can be basically fun when you can enjoy the process, because in that way at least you will realize a lot of things that will give you the personality that is ready to trade your own money for your own profit and loss.

Aside on having fun on your own at the same time you would be learning by yourself which i dont see anything which is more worth than this.I dont really feel nor suggest
on letting your money to be handed out on other people for them to be the one to make trades.You wouldnt even know if theyre seriously making of trades or just simply
trying to scam out.If they were good traders or profitable then they wont really be asking some fund management to other people but rather making theirselves rich
without the need of any funding.Its worth trade by your own self yet this is more better and you can withstand this market without any help.

I accept the hazard is additionally tall when exchanging on your claim without any involvement, and when contracting an experienced dealer to exchange your cryptocurrency capital. It is in this case that there are more chances to form a benefit in case you are doing not have the information to exchange on your claim, but you have got a trader you believe and who can really win and increment your capital much appreciated to your capital. But in this case, the most thing is Believe within the dealer.

Yeah, you can learn to trade by yourself, without a course, if you are careful and accept that it will take a lot of time! Trading is a competitive business, and to succeed you will have to pave the way for your own success.

True, to be a better trader you gotta find your own way, create your own strategy, in the process of trading practical it's certain that you will lose money and also your time but that I believe is what will make you find your way, aren't you curious why you can't see someone telling you the exact move of trading? It's because everyone got their own strategies

At some other point of our life those scenarios are presented and there are people who trusted other peson to hancle their accounts or trading. Today, acquiring knowledge about trading wasn't difficult for social media, google search or any other search engine were alrready availble. But learning from reading the news, or watching trading tutorials could be a big help to us but the best lesson can only be acquire through our own experinces.

to be honest to learn to trade on your own, everyone is not necessarily able to do it,
because many people will fail and give up, my advice is only one, learn to follow the signal from a channel,
yes even if it pays, I'm sure it will be useful for your learning too.

You wouldnt learn if you arent that serious on what are the things you get involved into or doesnt really have the passion on learning up something.
Trading isnt something that you can just put up your money then you do earn automatically.Of course you would really be needing some time and effort
to engage with it. If you do like to learn then putting or allocating some time will be the best not just on following on someone and do see on how he trade
because that wont really be giving out some real learnings but rather you do end up on relying on it too much which indicates some laziness of you.

Most of the time those who able to move forward and learned from their past mistakes are the achievers in any investment industries.

Learning from your past wrong decisions makes you realized that there's still ways to improved your chances, changing and adjusting to whatever strategy helps you to build a much stronger foundation.

You just have to be willing to work with it and keep your positivity to encourage you to work more with your choosen field.

 yes I agree with your opinion, in trading it is better for you to analyze yourself than to buy signals on telegram, and the results are not necessarily much.  better to analyze it yourself.  I have been trading for years and never bought people's signals, I ran to my conscience and started learning to read charts.

The problem with people is that they don't want to go through the rigors of learning, at some point they give up. So they end up looking for an expert to give them call or a person that will trade for them and give them peanut profits.  It's always better to learn and be determined so that you won't fall into the hands of experts in vultures clothings.

They will realize when they had already able to experience on what are the things that do really happen in the market but its quite common
that majority of them will just treat that it isnt a business but rather some rich quick scheme until they realize that it doesnt really work that way.
They would really be appreciating it if they will able to see the true essence of trading when it comes to money making opportunity.
Dont rely on others claiming on giving a significant interest into your money and its much worth if you do trade on your own.