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During a bull run or bear market; it is easy for newbies to make more money. In fact newbies make more money during the bull run than long term trader, the core problem is that newbies tend to lose those profits back to the market when the bear struck and the long term traders keep making their profits all year round.

You have to understand in reality that you cannot be consistently profitable except you are disciplined and glue to your rules.
The truth is, you know the right thing to do as regards crypto currency; just do it.

It isn't being disciplined that keeps you afloat in the cryptocurrency industry, it is one factor, yes, but the major one is knowledge.  Discipline without knowledge is nothing, it is like being leash without knowing what to do.  We must educate ourselves especially when we are new to cryptocurrency that way we can avoid scams and possible losses while venturing into the cryptocurrency sphere.

do agree on this one, discipline without knowledge is not much, you can be disciplined and invest in wrong crypto currencies, or you can be disciplined and lose everything due to scam, you have to do your work regarding education and safely store your crypto currencies, to be successful as a trader, otherwise you will lose some or everything due to scam/phishing/hack, or market will thought you that not every project is going up during bull market

Active trading is not everyone's cup of tea so because most of the people in this market are having day jobs and doing this crypto stuff part time they do like to hold for longterm and i think holding for long also pays good if you are good to take some profit at high price.

Noobs would realize those mistakes when they get wrecked by the market and those points are actually valid that noobs do really make out money or profits in short term

but due to greed these fellas do really lose up in the end of the line and soon they do realize that market isn't really that something you can predict on spot.

Making money isn't easy if you do seem that you had made it earlier on easy way but when correction comes then those impressions would changed.

It's harder for newbies to earn at bull runs. Their thinking is all about the pricing and that's something they should change because if buying at the low price can't be done by them, thinking that it's still a high price to enter, they won't do it.
And once there's the peak that they've seen, that will be the time for them to buy, and then the correction comes. I agree that it's still the discipline that matters most, bears or bulls, if you have it, you can keep it up with the patience that you apply for your decisions.

I beg to disagree, how can a newbie make more money in a bull run? Trading? I thought they are beginner? so it doesn't make sense for them to win and make huge profit? joining bounties? I agree, maybe in 2017, but not today, projects already learn from the 2017 bull run and they are not giving bounty participants cheap rewards.


If you start with the right mind set, then definitely it will help you in the long run. But newbies who have experienced the bull run in 2017 thought that it will go on for years and never thought that the bear market will take over. And since we are in a bull run again, maybe the cycle will repeat and forgot about the mental discipline.

Newbies will understand how things is working once they start losing and winning money in the market, experience is still and will always the best teacher, and no investors and traders did not lose money in the market, this is part of the game and this is how you manage you losses in gain in a highly volatile market.

The OP I believe has no basis of what he's saying here.
Maybe he knows someone with this situation but it doesn't mean, it is true for all.
Usually, newbies are the ones who are making terrible mistakes during bull run.
Whereas, long-term traders already know the tricks on how to maximize their profits during these times.
Being profitable in the market doesn't always need to be a disciplined individual but an individual who knows how to strategize in this market.

Beginners and experienced are certainly very different in terms of their expertise in trading and investing. Of course beginners will suffer a lot of
losses and that is the case that many we find in the crypto industry. Although a beginner will also  make a profit,  but  there will  be more losses.
But for the  expert and  experienced  though, losses are  part of  the trade  and investment.  They  inconsistently profit from each of their trades.

of course, because discipline is the main thing in carrying out work on a project, besides that we also have to always learn on every project that we follow to increase our mindset to be further in the quality of our work.

Are you sure about this? From what data did you get this?
Newbies are commonly only following the hype and FOMO, following other people to buy or sell certain coins in order to put their money and also take profits. They mostly do not know which coin is actually best for trading at this bull run, maybe most of them only focus on BTC and also ETH. But about their knowledge of how the price will increase or not, they may not understand enough.
Only certain small newbies that can gain high profits by their own knowledge because they are really serious learning. But, most will follow other suggestions and also predictions.

What kind of rules?
Discipline may be really important. But it is not only about discipline, People will not know about how they should be disciplined if they do not know exactly what they are in now. First, it is about learning more and more even while trading the cryptocurrency or investing in this. Digging the information, doing our own research as possible, taking some people's opinions and analysis as considerations are also important.
In this case, I rather say that it is not only about being disciplined, but the readiness of yourself regarding the whole emotional management (patient, not panic, wise, disciplined, etc), risk management, funds management, and also, of course, knowledge for analysis

I wonder how did you say that newbies tend to earn more profits than the experienced traders?

Maybe you mean that the discipline should apply to all to become profitable in trading. Like having a long patience and not being affected by fuds causing panic emotions, etc. But i believe newbies are willing to learn and mistakes are normal to become a good trader. We've all becamr newbie before and we know how is it hard to learn something that is complex to understand. But as time goes by, we tend to control our emotions, become more discipline like what you are trying to say and learn more tools that we needed to become a successful trader.

I agree. Knowledge really is power most specially in crypto industry where it is the most important thing a trader, enthusiast and hodler must have and here came discipline to make them a better individual. If someone has that characteristic he/she could possibly be successful in the cryptocurrency world.

They found themselves in huge profits and they have no guts to take their profits, it's greed not lack of discipline I believe, I've lost over 3500$ to altcoins when all the money was in bitcoin before, I was caught in FOMO mode and lost all the money, now I don't care about making thousands of dollars, I care more about taking profits because I get over my greediness

Excitement, fear and greed are the most dangerous traps for a trader. Under the influence of these emotions, a person cannot think rationally. Everyone is mistaken, many have lost money on cryptocurrency. But someone analyzed their loss and moved on. And some, trying to earn a lot, all lost.

yeah, discipline is the main key if we want to be a successful investors
also we need a patience for waiting the right time to enter the market,
then we must use a good money managements to reduce the risk in our investments too my friend

Newbies will not be too bittered because they came with high expectations of making huge profit which is why they usually lose it and their capital but old members will be sad for long when this happens to them. To make consistent profit in crypto you need to have a plan and follow it through. Cut your greed.

Is it true? is this just your assumption or do you really know the newbie who made a big profit?
if that's true, I'll call it luck.
Experienced traders know what to do, based on fundamental and technical data, so long or short they must be taken into account.
Meanwhile, newbie, I think this is not an easy area for them, often they just panic. making decisions without consideration, in a hurry, if they can make a profit it is a lot of luck.

the word "Discipline" was easy to said but really hard to do, because when our emotions unstable we usually break our rules my friend,
as i know a lot of people lose their money because they break their rules, so we need to practice the word "Discipline" before we trade with huge amount

That’s true, and we have to develop the right discipline for us to succeed because if you become impatient, and greedy I’m sure you’ll lose the opportunity to make money. The market is very volatile and if you have weak emotion and don’t have any strategy, expect that you’ll lose your chance.

I think many beginners have had such an experience. I even experienced it when I first started investing and trading in the crypto market. but nowadays newbies who come to the crypto market are not new to investing. at least they know how the crypto market works to still be profitable even in small amounts and not get caught in a bear market.

yes to work on results with the tasks of evaluation as securing of balance with the margin equity to dispose of risks on losing as might investors to work with selection of appeals as qualifying different aspects on parts with the initiation.

what keeps us going in the cryptocurrency industry is our love for it. discipline is only for the rules where we must know the limits when trading by adjusting the conditions of price movements. for us losing in trading is a natural thing. but in this context we enjoy it and in the future try to reuse it. like traders in a fish market, sometimes there is a quiet time, and there will come a time when buyers will come to give a profit. not much different from cryptocurrency. We remain conducive in responding to each season change.

I have seen many of the people that I taught to trade either give up or lose their initial investments when they trade. I do agree that it is not just discipline that is needed but also a lot of patience and proper knowledge of the coins that you are investing with. Sometimes my colleagues and friends tend to watch too much stock market videos but all you need is a sound mental faculty so as to avoid feeling too excited or too panicky.

You are right. mental abilities that are sometimes difficult to achieve. people can read and see theories about trading. but when it comes to trading itself the situation will be different. I experience it myself and try to improve it in every trade I make. to be honest it's not very easy.

I agree with your statement that discipline will surely lead us to a better direction. so it takes discipline in carrying out various activities, especially for us as cryptocurency users and also for long-term or short-term traders. with discipline we can make more money for beginners or seniors.

Yes, descipline is one of the basic characteristic of a trader or investor so perhaps setting targets and taking partial profits at those target points is the best strategy during a bull run because we never know how long it will continue so we need to get something out especially for those who have not cashed out anything since 2017-18.

I am trying to look at it that being disciplined enough to apply the knowledge is it, because having knowledge and never getting to apply it, is one same with having no knowledge at all, wisdom is the application of knowledge! Any trader can run into some windfall, but there is a level above luck, it's called management and it takes wisdom to get there.

If once or twice is natural, but if someone trades and loses many times it means there is something wrong with the way he trades. Discipline should solve the problems of novice traders, but unfortunately very few traders learn about emotional management as well as discipline, and for this reason many traders stop trading because they often lose more than they make a profit.

Discipline is the most hardest thing for newbies. They become so excited about x2 profits that after they are ready to loose everyhing in next several trades

That is not entirely true. Some newbies still are not knowing enough about investing and trading in crypto. Joining in this forum is really helpful especially for beginners because all things that they need to know about crypto, it's actually here. Having discipline is one, but that's not all. It is still important to constantly learn more about the current happenings, then try to change or adapt depending on your initial goals. Knowledge is application is still the best if you want to succeed in one area.

I haven't found the word "discipline" in the world of investing, as far as I know there are no specific rules if you invest in crypto.
Crypto investing isn't it, a job done by a group of military/offices that requires discipline.

Discipline, yields nothing in the crypto world, what is needed in the world of crypto investing is: capital / assets to invest, commitment to the future, analysis and profit.
Elon, he did it all. I never saw him say discipline, he just said capital and courage, boom, boom, boom, exploded....