Bitcoin Forum

The btt forum has brought many of us together in respect of our academic qualifications, background and tribe but still, we fail woefully when it comes to crypto trading. If crypto is judged by what we studied, many of us would have been so perfect in it.

Every worth education or training should give us the skills that are applicable in other aspects of life. But in crypto, it is never like that. We keep learning every day in crypto

What stops us the most from becoming master traders?

Inability to further after some people consider trading to be risky and stop trading
Inability to learn trading charts and indicators
Not having safe plan that could help if indicators fail
Using more money than they can afford to lose
Looking for profit which they can not afford to lose the same amount of profit they are risking for
Using high leverage
Using altcoins that was not properly looked into (some altcoins are bad for trading)
Impatience
Going against the trends (I mean in crypto)

Every discipline has it's own rules. One connect's them:
The more you know, the more you know you don't know (Aristoteles)

In trading there is another rule: If everyone were a master trader, nobody would be.

Time and priorities IMO.
Not everyone has the full time to cover all the knowledge in trading. But those that have full time priorities in trading, they are the ones that never give up and aims to be full time traders.
There are people that are for trading and they're enduring all pains and hardships on it but, there are those that can't just do all of it and just gives up easy.

I guess crypto volatility is the answer to your question. The high volatility on crypto is what makes crypto trading unpredictable and very hard to master unlike other skills that you mention in the OP. You need a crystal ball to become an accurate trader in crypto because the price moves base on whales manipulation and mainstream media news that affecting normal traders decision making.

TA can help you but sometimes it’s a double edge sword when the signal and the actual result is showing opposite outcome.

If we're talking about active trading — the fact that it's really not easy to "master". Trading is just so complex — and add the fact that you could be learning it for years but if you're "learning" it wrong, you might be better off re-learning from scratch.

Maybe, he meant also expert traders. But even them, they can experience losses.
No one can beat the trading market if the project itself will do such strategies like pump and dump or rug pull.
No matter how good you are, you will be at a loss because of unforeseen events.
But with some warning signals, you can also minimize your losses.
In this market, it doesn't matter what you studied, it is how well you are familiar with the projects that you are getting into.

My personal understanding of knowledge or learning about crypto trading & investing is never ending, basically crypto prices always have price behavior that is not the same and is not stable from time to time, whether the market price goes up or down.

In essence, intrinsically crypto trading is only for crashes/profits, in fact the flow of trading knowledge is always passive in learning in life if involved in crypto trading, to be able to get a master's degree, of course they do not escape from learning from time to time, to achieve maximum results.

Although many crypto users say that the risk is high, but those who understand comprehensively, especially about assets or technology as a whole in crypto in a complex way, will certainly have good components and knowledge in trading, I think market factors in trading specifically need to be followed and studied every day to become a master in the world of trading.

The market's volatility and our unwillingness to take risks prevent us from becoming master traders. Even if the market is volatile, it can be predicted with enough knowledge and expertise. However, if risk is not taken, which is a core quality of a great trader, the result will be zero; you cannot become a master trader with such a risk-averse mindset.

When we do engage ourselves in trading then it would be out of scope on what degree that you had gained or achieve.Even if you do reach up masteral or something
then it wouldnt count because you could still be beaten up by someone who didnt finished a degree in terms of trading aspect because this all matters on skills and knowledge
but of course, it would really be that depending on how well you are on this market in talking about trading.

Dont correlate your degree or educational attainment here on crypto space because it wont measure out your success chance on crypto market.

A very volatile unpredictable market.

Everything can be learned when it comes to the technology behind the market, the utility of the project, and doing research about the potential project but when it comes to trading in the market, this is very hard for others to make money, why?
I answered above, there's no called master in trading because the price is unpredictable, though it has an advantage if you're an experienced and knowledgeable trader.

Time and commitment, many are too busy dealing with their everyday challenges and since in cryptomarket and in trading there’s no assurance of making money, many can’t still afford to focus on this and that’s why many are still not capable to trade that much even if they have a good educational background.

Well, having that background can be a good advantage towards this market, you can still learn little by little until you master trading, there should be no rush here since it will always take time.

It would be volatility and next would be regulation and next would be lack of patience or simply with emotions.You would be finding this a problem which would really be a hindrance on your overall awareness and

would affect your dedication and seriousness on dealing with the market specially if you do make yourself able to commit lots of errors where usually we do really get discourage on something that we do.

Just like on the rest been tellingthat having a huge or high educational degree or had been attain wont help out on your success chance on dealing with crypto.Its a totally different
field which you do need to deal off with.

Trading is not like the professional courses that you can study in class room and become a master of it whether in practical or in theory for other course of study, you can become master in theory and practical because you can know the configuration that will land you to your result. Therefore you can analyse your theory and do the practical leading you to same result but trading is not that way. You can analyse the theoritical aspect of trading but the practical doesn't really come out same way it was analysed and this is why we have more of market analysers and YouTube, telegram call groups because trading is not easy so they rely that way to make the money from others and not directly from the market  ;D

Trading is complex because it involves different figures of market decision markers that you can't read their minds but only rely on figures, speculation and emotional sentiment. This is a major challenge for trading, it is more of practical than classroom learning.

I have studied literature and many people think that it allows you to write better if you did that, but in reality it just allowed me to read and understand better. That is a marvellous skill to have in this day and age, because in a world of disinformation, understanding how to read things, and understanding what is real and what is not, seeing what has credible sources and what not, and constantly reading to learn more about things does allow a person to be wiser.

I am not saying I am wise, but at least I have the skills to help me become wise, and seeing how other people talk and understand things and respond, I have to say the level you need to be before you are considered a wise person is quite low in this world, and if you asked people almost everyone would say they are wise, unfortunately.

Yeah, many are good already with what they know and that's having basic knowledge in trading. It's all that they need and want to know.
Unlike the others that would like to master it, they dedicate time on it and it's one of their priorities because they're seeing the significance of it and their growth towards trading. So, it's essential for them to allot most of their time, learning the techniques and strategies that they can have with trading.

For me it's simple, you cannot have it all.
If there's availability for an individual to be a master in trading then businesses like exchange and trading platforms will be gone.
Why would they even bother opening if they knew someone out there could take advantage of the market fluctuation and milk them with money?
I learned that in any coin, any trading pair, the risk is always paired to it.
You will have to be wise and patient to succeed.

In my opinion most people never even start their learning journey and that is the biggest problem, they come to this market thinking they already know it all despite being completely ignorant about this market, trading and investing in general, so they come to the market with all the confidence in the world but none of the knowledge and they get destroyed by the whales, good traders and scammers and then they complain about it, but surprisingly this is not enough to force them to start their learning journey.

To become a master trader you must follow 3 things.
1. Acquire good knowledge about trading.
2. Taking occasional risks while trading.
3. Be very patient while trading.

for example
Knowledge: You can never become a successful trader if you do not acquire good knowledge about trading. And so there is no substitute for acquiring knowledge about trade to become a master trader.

Risk: And as much knowledge as you gain. Sometimes you will trade with risk yourself, then you will understand the weakness in your trade and in the future you will be able to correct your mistakes and become a master trader.

Patience: And the most important thing is patience. If you ever get lost in trading then never be disappointed. Also you can learn to become a master trader from there.

What about those professional traders? You can't just disregard them or their skills. They have a high success rate in trading. Those who fail woefully could mean that they need to practice a lot. The results in our crypto trade will depend on what we study but do you think it's easy on why would someone perfect it? Even studying in a real school is hard but it takes dedication and as you can see there are still many drop outs.

What teaches us in trading is on how to work under pressure and on how to have a self control. What we learn here in crypto trading can also be applied in real life and you will notice that all seems easy. That is because trading is hard and we are used to that already.

Experience, that's the reason why most people aren't become a professional trader.

I believe many people will always watch youtuber doing trading and learn how they can make profit, learn about candlestick, trend and pattern, learn money management, learn self control, learn to choose best exchange with very low fees, learn to use trading bot etc. But it still not enough because you're not experienced and can't predict the market goes where.

You cant assume that people will be good in the job that do in real life and crypto trading. These things are not related. Many educated people actually abhor any sort of speculative trading.

Not every work title is like that. You are trying to generalize things that cannot be connected. It is like saying that because someone know how to grow fruits, they must be a master in growing their portfolio - see it that way and you will realize your folly.

Nobody is a master trader, in fact trading is not something one can master. It is a speculative market and losses are the common thing here. The point is to buy low and sell high and keep patience in between. The one who does this cycle properly will profit.

Accept it or not but the fact is more or less like that that many people start investing but do not have basic knowledge,
We all know that the crypto market is difficult to predict and without any preparation, it is very likely that he will just lose

Laziness and feeling superior, but there is another important point and that is greed.

Trading is an activity that involves risk where you really need to understand what risks need to be avoided. You can't completely avoid risk especially about the possible losses you will experience when the price drops, but when you invest a lot of time in learning then you may be able to minimize the risk. Don't be lazy to learn, stay optimistic and don't be afraid to take risks if you really believe that crypto is a potentially good asset in the long term. Remember, only bitcoin can convince me in the long term, the rest is very doubtful especially for non-top 10 altcoin.

I guess greed is a pretty tough late-stage risk for a trader looking to get better at. Many traders may not realize that they are being hypnotized by the market to continue playing the trade and do not consider the bigger risks.
but when a trader manages to master his emotions so as not to be greedy for market potential. it will make the merchant skills even better.
not many crypto traders take the time to learn to trade. The market situation is always changing, and that is why traders must constantly improve their skills. especially in market analysis.

In addition to the benefits of cryptocurrency, there are some disadvantages. A trader should measure the advantages as well as the disadvantages and then trading. For this, a trader must first know all these things. In crypto those are successful who know more. There is no ending to learn. However, there are some basic things if these are disappear in trader that will disrupt trading activities.

The people who are already trading are facing various problems. If they can solve the problems, they are likely to become a Pro Trader. A trader has to learn to analyze. He has to gain good skills in both the Fundamental and Technical aspects. He has to rectify a variety of things, including trading graphs and trading tools etc. Then it is possible to be a good trader.

become a master trader? I did not imagine before, even a master trader could even suffer losses due to market conditions that are not as desired. Psychology is an important part that will stop anyone from becoming a master trader or you can say a professional trader. Psychology is all about patience and greed because they are human nature. it is difficult to train psychology to get used to market conditions that are beyond prediction. and the strategy that has been made from the beginning of course must be carried out properly, do not violate the rules on the strategy that has been made. and besides that, risk and financial management is also one of the important things.
Many will influence someone to become a master trader or professional trader.

You should really be that versatile so that you would really be having that mindset to make things right specially on this market where it is really truly unpredictable.Learning would really be a never ending process

which does basically means that you would be continuing to learn as you do go ahead with your trading,with lots of different variations and conditions then it would be impossible that you wouldnt
really be making any analysis of it.

You would soon realize lots of things as you do go along the way.Learning will really be earned.

Unfortunately trading is such a risky thing that we are talking about something that could make you richer, like from 100 dollars to 10 million dollars, but we are also talking about the reverse as well where your 10 million dollars could become 100 dollars. Even the professional traders could end up with a loss in the long run, there are periods where they are in the negative as well.

Warren Buffet is the greatest investor in the world and he had years where he lost a lot of money, even as close to as 50% it could get. So we should not be expecting everyone to find a way to make money every single time because even the professional ones can't do it.

Trading is not for everyone, we all have different risk tolerance and our educational background doesn’t affect if you want to become a trader or not. Learning is not easy as well, this is not the focus of many because there’s no assurance here that you can make money and the probability to lose on your trade is very high. Mastering trading can be more rewarding, but only those who are dedicated to become a good trader will be able to reach that level, the rest will just remain as a trader.

In fact, in crypto forums, we don't care who is behind each of us, what is his profession, and also what is his background study.
But what is certain is how it is thought, its application, acceptance of differences, new things, challenges, new knowledge, and various risks. The ability to be able to accept and manage this will all depend on each individual. Maybe indeed someone with a certain study background will have advantages in certain fields, but that does not mean that it will always be successful. Because after all, the combination of self-ability, education, and also self-development to continue to learn here is what is important, balanced with the ability to always learn to control and control our emotions. Because as smart and as great as anything, when we are not able to control our emotions in trading activities, then we will fall and get stressed more easily.

There's a fine line between master traders and risk takers but the most important part is taking the experience and learning from it. Dedicated one's will always enjoy the fruit of their sacrifices at the end but not everyone will have the same cost for learning how to become a master trader.

Everyone can be a trader but what stopping them was their self, their laziness to learn or to study how master traders do it. They just lack of motivation but once they got it I'm sure they were ready to risk almost everything just to reach that level of mastery.

everything that deals with crypto is very risky but it all comes back to each of us whether we take that risk or not at all.
maybe you think a pro trader has never felt a loss as experienced by novice traders. In fact, even pro traders also experience losses when trading. considering that volatile crypto is very difficult to learn and the analysis is only limited to minimizing losses. so that the losses experienced by pro traders and novice traders are the same, it's just that the amount of losses experienced is different, pro traders can minimize losses and novice traders will lose more.
and actually trading is more about luck, even though they are good at analyzing the market but when he is unlucky he may also experience losses IMO

Emotions.

Everyone can be a trader but not everyone can be a successful trader or a master trader like what you said. Emotion is one of the hardest things to control not only to the traders but to every investor as well. When we see the coin that we bought going down, chances are we will panic and do unnecessary decisions that will cause our money to lose especially if you are a newbie trader.

Becoming a professional or master trader requires a lot of experience, a lot of emotion control and a lot of money of course because chances of you losing money at the start is high and it keeps going lower as you learn. Also take note as well that even you are a professional or master trader, you might still incur losses. It will only depend on you if you set a stop loss at your trades.

Most traders are self taught as compared to other discipline. In other profession there is always an academic curriculum that ensures a student graduates within a stipulated period of time but for trading most of the courses are done online and seeing that no strict measures are put in place to ensure people finish their programs half baked traders now dominate the market. And because of this traders learn to become pro traders the hard way after so many repeated losses

For your information friend, knowledge is not the only thing we can get or learn here in cryptocurrency. And you know what it is, and that it can be a source of income for us through crypto trading.

And to earn or earn income here, you don't need to be a veteran or a master trader to earn here. It's not like that of course, just have basic knowledge of crypto trading you can earn. Just like me, I'm not an expert in trading but I can say that at least I'm earning enough and right here by doing crypto trading. And while doing this I am also learning through my experience in crypto trading.

Trading is not kind of easy the way people think, most people think it's easy that's why whenever they start trading the always fail because the don't really know what trading is all about. Am sure their are lot's of reasons why most people can't become a professional trader, but I think one of the reasons is inability to hold, most people don't have patience to hold if a coin is down, most of them panic and sell lack of patience. And most of  fail due to inability to make more research about a coin to buy, when to buy and when to sell, most of them depend on trading signals.

Emotions indeed, if you are just noob then you would surely be able to be that compulsive when it comes to this where every decisions you would possibly made will really be attached up via some of your emotions.
If you arent that good on handling your emotion then it would result into mistakes and if that happens then we do know on what comes next which is losing money.
Learning is something that you could gain from real experience or actual engagement on the market.You cant just learn up without doing anything.Reading up others strategies and ways on how to trade?
It wont really be that sufficient because having real experience is much more better than on this one.

We first started working on Bitcoin Forums and Bitcoin Education took off from there.Although Bitcoin is easy to learn, we often get stuck on learning trading platforms.It seems that we have not learned anything in life. If you can get education in trading platform, you can make a good situation.But unfortunately we fail in this trading platform.Everyone can learn from the trading platform.But there may not be successful in the morning.To be successful you must know and study enough about trading.

That’s an interesting quote you have up there. I read it twice literally and felt really good. Well to master any skills you definitely need to be keenly involved, spare time on it, experiment with it and much more. Without this there is no way one can be best of all in the crypto world. It’s even further risky than normal Share market due to its volatility and uncertain nature. Easy manipulation is always a risk due to decentralised nature.

These are additional facts which needs to be learned and skills need to be developed to tackle them in the crypto space.  ;)

We can’t loose it over greed or emotional analysis. It’s better off with extensive knowledge of the market. 

It's not just about holding coins because what you're holding is also important. If you buy sheet coins instead of good coins then it is useless to keep it for your whole life. Investing in bitcoin or some altcoins that currently have the most potential will return if you hold them for a long time. And without patience one can never expect anything good in any trading platform. Those who bought and held Bitcoin in the beginning are the ones who are successful today. Many of these are regretted who have bought and resold bitcoins early.

Crypto market and by that sense any speculative market is not predictable with 100% accuracy. Therefore any prediction done has only 50-50 possibility of turning true or false. Point is that predicting the market and investing are two different things. Those who predict only make news articles to publish on niche media but investors are risking their money for the same and hence they are more careful about buying.

Still education does not mean a person will be a good trader, like I said in my last post, these two are not mutually inclusive. Basic knowledge about trading is often not present in many people. Some have just entered to try their hand at a few coins hoping for huge gains. Hence you cannot deduce what the OP tried to say in their quote.

it is a very long process, it is not easy for a person to hold his assets for a long time. bitcoin growth is amazing.
everyone who invests must have a target price that will be met. If you already have an advantage, why not let it go? although in the end there will be regrets because the price is getting higher.
The simplest ability that must be possessed is how to choose the right assets. it will help us in reducing the risk of loss.

Instead of thinking about what's stopping us to become trading experts, why not just be serious about our goals to become like that? Trading is not an easy task to do and we really need damn several experiences, worst or not, in order to become a good ones.

Even professional traders still commit mistakes today but they are learning from every mistake.

We should be like that especially every after a big regrettable loss. Just move forward.

This forum is like a crypto academy and learned about cryptocurrency from here. Although I wasn't new to crypto when joining the forum but there wasn't much knowledge related to crypto. Have spent a lot of time reading this forum and gained a lot of knowledge from here. Especially have exposed a lot of cryptocurrency scams and I was a popular scam buster here. Mostly I learned how to prevent scams from here.

Indeed. Almost every day, we get new learning and another experience in crypto. I think it also happens in other sectors because basically we always continue learning and keep finding more experience. A smart and wise person knows that he always needs more learning since it is a constant thing. Only a lazy person who never cares about constant learning. Or an arrogant person who thinks he already knows everything. It is the same as a trader, a good trader should never stop learning.

^ As a pro trader said once, experience is the best teacher which means we learn through our experience and those our mistakes in trading that should not happen again. That is definitely right, a good trader will never stop learning, and every mistake or every success should be learned from it. Though there are too many strategies now in trading, we should pick what is suitable to us and not rely upon others' opinions which is very wrong if you will join the pump and dump group. Studying and learning from your experience will make you a better trader.

It is true that there must be a strong desire and high motivation to truly become a master trader. Because crypto trading is very complicated and
not as easy as we think, so if we do not have high motivation we will give up when experiencing failure several times. Even though experiencing
failure is normal to become a master trader, failure is a process that must be passed. Therefore for people who have motivation it is impossible to
give up when experiencing failure, they will try to get back up and will slowly correct any mistakes that have been made, in order to succeed
in the future. Indeed, it cannot be achieved instantly to become a master trader, need a hard struggle and a long process to finally become
a master trader with a large income. For people who have high motivation will usually continue to learn to really understand the crypto world, and
continue to try various strategies. People who never give up to become master traders, will finally be able to get what they want.

Things that stop us most from becoming master traders are, interest, laziness, being too full of ourselves and lack of perseverance and patience.

I say interest because it is the core thing in making us the best in any field.  Without interest, we will not lift our finger to learn trading and trading techniques.  another thing that hinders is laziness.  Indeed there is this interest but we are too lazy to learn things.  

Having learned some knowledge on trading and getting full of ourselves thinking that we learned all things about trading and stop learning and acquiring experience make us worst than a newbie trying their best to learn about trading.  And the last thing is perseverance.  It is the most needed character in order to master things.  Learning basic is easy but learning advance technique is very difficult.  It needs a lot of perseverance and patience in order to acquire the skill of a master trader.

All of those are valid reasons why people do not really become good traders, but the interest in the markets is the most important one in my opinion, people are interested in making money but they are not necessarily interested in the markets themselves, this is the same that happens with the people which study at college to get into a career that could pay them a lot of money but in which they are not interested at all, and as you may guess those people never really become excellent at their profession, since they do not have the legitimate interest that someone which actually loves their career has.

I have never had any doubts about this forum because in fact many people have been helped by this forum,
many interesting topics to discuss and one of them is related to scam,
we can be here together to learn and that is a positive thing

I was previously a person who has studied a lot about the market, in all aspects, but I have applied everything to the crypto market, specifically in bitcoin, but recently in view that I have no idea what could happen, because I don't I am clear about bitcoin, I am venturing into other speculative markets that are cloned, through the brokers, and the fact that the volume is consolidated really helps me, there are more ways to analyze it, I think that in the short term the volatility is much more manageable, Everything related to news works a lot, of course I'm starting and there are many things that I still have gaps, but I think that in general everything that is to learn and apply must be done and reviewed, it is money that we are risking.

Even when you do deal with forex or stocks it would really be still on the same story which no degree or educational attainment and knowledge would really be putting you at advantage whenever you do deal up

with these markets.For OP had been pertaining on how to make yourself that improved basing on degree then its not really that necessary nor counted.Everyone could really engage one.

Thing here that gives ou advantage is that you are knowledgeable on things even though limitations is there but you are much aware on whats happening around specially on fundamentals.

This a community of cryptocurrency and especially bitcoin, and many of us who don't know anything about cryptocurrency have learn and understand the rudiments of cryptocurrency from the beginning to the end and especially those forum members who has stayed here up to four to five years.

The thing that everyone knows what is cryptocurrency from here is achieve is to understand the relevance of Bitcoin, so what we achieve mostly is to know the important of a decentralized currency and the application of cryptocurrency, so therefore it's what everyone who find itself in this community learnt from my perspective.

Risk management and controlling our emotions.
We should always think that capital preservation is a must, as long as we have capital, we can still continue to trade. So it is really important to protect our capital because there are still always lot of opportunity to open a trade in the future, not all of the time it's good to trade.

The risk of losing their money is what the most people have in their mind whenever they want to learn/master trading. It's not a rocket science when being involved in investment especially crypto trading where traders are being haunted by that risk. But keep in mind that, that's the boundary between new trader and experienced trader, they know how to take a risk in their favor to get profit later on.

Crypto trading isn't a respecter of any profession whether you are an Engineer, Proffessor, Doctor e.t c the two professions are two different entities not closely related at all, for example a pharmacist or any other expert can humbled while trading, however to become master in trading this will require a longer hour of charting analysis, studying candlestick patterns based on the fact that 'Price history repeat Itself', developing and formulating a trading strategy, demo testing the strategy for a very long period of time to test it efficacy before real live trading, all these training will consume a lot of time however in the long run such a trader will master the art of trading.

What we have learned in bitcoin forums is pretty much enough for all of us. Here you can create positions like work and eat.But cryptocurrency is pretty much the same no matter where one studies.But the trading platform is completely different. You must be more knowledgeable about the trading platform.You always have to analyze each coin and market and move forward otherwise you cannot trade on the trading platform.To become a master trader you must be highly knowledgeable on the trading platform.

by waiting for the right time and making trades, indeed it is his style to do according to his strategy by considering several aspects and waiting for the right moment to trade. indeed the most difficult thing is waiting for the market to enter our buying area, and it is a tedious time for most people, but for moderate traders, that is the rule that must be obeyed to make a profit.

Somewhere in that mix, there should be – A writer's creativity and scrutiny of analysis (accuracy matters).

---

Beyond all that listed is the major thing. That's the ability to control the unruly emotion. Lack of self discipline and emotional control are the bane of every trader, even if they've a perfect trading plan. Without control, a near perfect trading plan will be messed up easily. I guess this is what makes the difference, not the actual field of study.

If a trader is good at the indicators and master all it is to be good at his trade without having emotional control then he will keep trading like a newbie, jumping in at any little opening and rushing out likewise when he thinks he is going to lose.

The quality of a good trader is having strong emotional control and this will speak more in the ability to enter the market at appropriate time.

Another quality is that the trader most be ready to take up some losses because as a trader, you profit and you lose so at the time of loses you take it and not be quick to exit the trade if you have set your sl then allowing it is better because it might just revert before it gets to hitting your sl.

It’s non ending fear that stops us from mastering something. In case of trading its all about putting our money first and then profiting on it. The more you put, the more skilfully you trade the more profits you get back. However in other streams which you have quoted it’s more or less your actual educational base plus your experience which will earn you money. You don’t put any money into it except the offices, time, etc.

In case of trading your heart could start pounding from 70-200 in a 6 seconds if you see big investment going down the water! That’s why it’s critical and you can’t be in hurry to profit back. That could be one of the brightest reason as to why it’s risky.

[
So many things made people from not becoming master traders. Trading with a wrong coin that have no value has made many beginner not to have interest to continue with trading.  Apart from trading with the wrong coin many people have lost interest concerning trade because of greed. Most beginners fall into cryptocurrency trading because they want to make money, on the process of trading with no knowledge and they lose money, with this result it can make them lose interest not to continue with trading.

I think there are no other bitcoin/crypto forums who are better than bitcointalk. Other bitcoin forums are small and there are not enough informations on them but even some of the members of our forum still goes to other sites to expand their crypto knowledge.

I know because they post links here which url's are not from bitcointalk. Work and eat are not a job position but that is something to do possible if you are working from home. There are careers here in bitcointalk which allows us to work at the comfort of our own homes so we can do what we want. Trading is no different with that since you can always use a trading bot to automate your trades.

A trader supposed to learn and understand the major basic things that will obstruct trading before venturing into it, i believe that trading is one of the skill that don't need a mistake to be made because of the funds that are involved in trading, and that's the reason trading have to do with basic understanding before venturing into it. Sometimes people do not peruse into trading before investment, and that's while they continue to experience lost, trading needs a lot of concentration and consultation in order to find out the loophole of the market to avoid lost.

Numerous factors prevent us from becoming master traders. encompassing laziness, greed, and low self-esteem.
People are lazy in the sense that they simply feel reluctance and don't want to learn more; they will delay learning new things for a long time without ever taking the necessary action. These people are prone to admire others who are successful, but they are unable to put in the necessary effort, so they stay where they are and never achieve the status of master trader.

Greed keeps the greedy people tied to a particular sort of trading; they don't want to use what they've obtained (money) to further their learning. For the remainder of their life, they spend and depend entirely on one kind of trading. They aren't exposed to other types of trading as much, and they aren't willing to risk a small amount of money to learn how to master a different type of bigger trading.

Those who lack self-esteem never have self-confidence. They feel helpless and that their intellect is incapable of handling the situation. And as a result of their crippling dread of failure, they become unconfident in everything. Even though the knowledge is within their grasp and reach, these people will never learn a thing.

The one that stop us to become good in trading is our mistakes that where we keep losing money and make us frustrated as well at the same time. I believe mostly that's the sad ending of their career in trading and of course forced them to don't came back again to master it and to become successful.

Nahhhh, The one that stops you from being a good trader is your mindset. Most successful trader experienced having a very bad day or some times losing streak to their trades, But they didn't stop until they conquer the fundamentals of trading and become a profitable trader. Being frustrated by your mistake is normal but ending it because of it is just wrong. If we constantly doing what we are doing like trading, We learn and experience things that help us build our skills. If you suddenly stops because you just keep losing, It will be your loss not getting something from the experience. At the very least, We can earn some kind of experience and realization after we have a defeat and that will help you in the future.

It’s our goal that will push us to be a good trader, loses will be the stepping stone to learn and be a experience on not doing it again, it will be a trial basis but not the final destination. We will always find ways on how we can succeed since others are able to do gain alot of profit from it. We should be open to study more and try more until we get the strategy that will lead us to learn how to really trade and get profits.

That is sort of what happened to me. I started trading on the early days of crypto world, around 2014 and there wasn't this many coins available back then, not sure if we even had token world at all just yet back in those days. However, when you were trading since the options were low, that meant you could trade on things that wouldn't really be outside of the trading scope, we all traded the same things.

This caused some of them to have pump and dump or have some problems a lot easier because the aim would be on one of them eventually. After losing a bit of money on them, I focused simply on bitcoin and long term investment, I eventually restarted trading with small amounts again, but took me years to get back.

Mistakes are made in every new procedure, not learning from the mistake and repeating the same is the bad habit. It is not that everyone needs a mentor to correct their mistakes, often they understand the reason behind the mistake but fail to correct it.

I have often seen newbies start buying at the top because everyone is talking about it and not when it is in the lows when everyone is giving FUD on it. Bitcoin typically ends up being bought like this and then when the cycle reverses the investors lose money. A simple knowledge of buying/selling would correct this mistake.

However this has nothing to do with how much educated we are. Trading profitably needs a different mindset which most users dont have and hence the few number of professional traders.

Lots of trials and errors you would really be facing along the way.You cant really able to learn until you do pass up these things which turns out to be normal.

You wont really be making out realizations if you cant experience for yourself and this is in fact the reality.You would learn but of course you would really make yourself that better if you do accept

and realize those things and would be applied into your future trade or investment. Frustrations and other emotional aspect could really be felt along the way this is why
you should know on how to control not only on your finances but also in your emotions as well.

Please allow me to say this.. Crypto is like a real life case or studies where you keep learning till one departs from the world. Why i said this is that crypto can't be compared as a bank or any other physical business that can be controlled by one single man's power but its a collective individuals that is why we have what is called "Market Manipulation". In a case you seems to know all then the market manipulation would fall in and get you disorganized from your studies or trading, so you continue your next lesson and keep practicing again since you don't know the challenge that may surface or likely occur next.
So Everyday is for study in crypto industry.

I agree with you. Cryptocurrency is something that has no ending in learning. Learning crytocurrency is always continous, the knowledge we have is not sufficient to trade crytocurrency in time coming if we don't learn new things, new strategies. The reason why we need to update our knowledge about cryptocurrency is because it is unpredictable, no one can can exactly tell what will happen in the market in the future. Because of how the market is been unpredictable it requires different strategies from time to time.

A very typical answer i want to Qoute as dear i studied Blockchain then i used to leaen about Bitcoin and bro i would like to explain what I learned. We are trapped we are stuck in the boundaries. And BTC is the freedom as Bitcoin is true freedom in hands and Bitcoin open ups all the boundaries of the Financial Subjects and applications in the hands and on your fingers controls

Crypto trading is a complex discipline. It takes time and emotional control to be good(not master) in trading crypto. I think with the nature of crypto currency being highly volatile and in it early stage, it's difficult to be patience and control our emotion. It's not guaranteed to make profit while loses are guaranteed. I stopped trading because I couldn't control myself, I checked the chart every mins

The same with the stocks trader, they're also disciplined and I've seen traders in real life that have become focused on it. It's not really a joke on how they went from down to the top. It had required them a lot of patience, sacrifice, learning, and losses until they mastered their craft.
That took them a long time for them to be good at it and the same goes for the aspiring crypto traders that are aspiring to be a day trader or even not a day trader but a good crypto trader that would mostly have wins instead of losses.

Every discipline has its complexity not only crypto trading. Emotional control and time is only a factor that will aid the mastering of crypto trading it doesn't guarantee mastering. One can have good emotional control and patience and time to build all two but lack the time to study and do research on trading strategies the reason why quitting can become an option

Trading requires learning the skills , Studying what is learnt, Practicing on a demo account, testing different strategies to see which suits best, retesting those strategies as many times as possible, funding with a small amount and gradually grow with it and increase the capital only if the confidence level is built.

Now one of the reason why traders cannot master the act of trading fast after learning the process is because traders learn without having the opportunity to to do internship for a period of month before trading independently. Most traders hardly complete their class and the few who does wait for a long time to get their account funded due to lack of funds. Sometimes traders get too much in a hurry to go live even when they haven't built enough courage to face the market. There are different factors limiting a trader from becoming a pro but the above is just a few

Those who trade who are afraid of losing their money actually know nothing about trading. just want fast money without complicated processes to go through. They just try their luck, buy some coins hoping it is bullish and make a lot of profit.

Traders who really want to trade will learn about every important aspect of trading, not just putting profit first. Profit is important, but basic trading knowledge is the main thing that must be understood. Trading without an understanding of trading is like walking blindfolded.

Most of us would be having that kind of impression on the time we are just newbie or had just first encountered it but sooner or later we would eventually able to realize thats not how things goes or how it should be
dealt with.You would really be able to find out that it wont really be an easy process or walk in the park kind of engagement where you could get all the things in one night.
It would be basically be needing lots of time and effort before you could really be able to have a good grip on the market.
Real engagement would basically be able to give out that kind of learnings along the way which it would be ideal if you do really keep and bare it up on mind for future uses.

  - I somewhat agree with what you mentioned that with each passing day in the cryptocurrency market we can learn and gain knowledge on the movement of its prices in the market.

And you will notice the main reason why the market is moving like this, is because of the high volatility, and because of this there is unpredictability in all the coins in this industry. It is difficult to know when its value will increase or decrease in the market.

It is true that the crypto market is known for its volatility and that is exactly what makes it difficult to predict apart from anything else,
when starting to enter into crypto it is important for us to prepare first,
With all that uncertainty, of course the risk is also getting bigger if we don't have any preparations

Things like this are quite commonplace, apart from that because we have a natural nature about it, the rest I agree with what you said, there are still many people who have a mindset that is actually very naive if we study further because they still think that Crypto is something that instant and when we are in Crypto then the money will flow fast.
Technically, if we study further and can be said to be a master both in trading and strong in investing, this might happen, but when beginners have this mindset, the results will obviously not be the same because being in crypto is not that simple. .

We come from different educational backgrounds, but here, we are the same, namely learning about crypto. Crypto trading mainly has several factors that are indeed different from other disciplines. If we can see most of the other disciplines that we have studied there are certain standards, but here, crypto trading is sometimes volatile. That is why there are no perfect steps or lessons in crypto trading. there is no perfect crypto trading strategy 100% according to what we learn. but at least, we can get the results of the learning skill bigger, so that it can give more results than the failure. Crypto trading must continue to be studied because it may change according to market conditions at a certain time.

This is true but to those who had studied up IT or in related with programming or nearby subjects will really be having advantage over into those who take courses which is too far off on this topic

but we do know that it isnt really that too much hard for someone to get deal with even if they arent really focused on this aspect.Setting aside when it comes to technicality then almost everyone

cant really be able to understand.Only developers and programmers could touch up this area but for those who are here for the sake of investment and long term hold
then it wont really be that necessary.

In my case I have read more than 10 books that have to do with trading, for me it is something that represents many things, and it is something that I like a lot, trading for me is an option that I have to apply everything that I have learned and also to apply what is happening in the world, but for now all this is new to me, world events have left me speechless and I really don't know how to operate, Bitconi is very volatile and I think it is It is very dangerous to make a commercial decision for now, the safest thing is to buy Bitcoin and wait for the necessary time, I see it much more attractive to operate in forezxx for the sole reason that operating there the volume is consolidated and less volatile.

No, if someone is greedy he isn't afraid to lose money but rather wants to have more profit even though a good profit is already offered.  Many trader want to get a good profit but greedy trader wanted to have more, as a result, they end up in regret because they failed to sell and missed the opportunity to take a profit because the market of his holding has already crashed, an now the greedy trader is left with worthless cryptocurrency.



Yeah, don't be greedy and take the profit when it presents itself because we never know what will happen next in the market.

All the profession you mentioned do not carry much risk because  they can be fix easily compare to crypto, I do think any can say something about crypto and happen as said. The above mentioned profession can be peridic correctly base on the pass experienced because they been doing it. In crypto even the mater traders suffered loss in trading. I don't think they  are is master.

Without sufficient trading knowledge and experience, I just borrow other people's trading methods and do not have my own trading strategy.
And most people can't control their emotions well and don't have enough patience when trading. Panic when the market fluctuates, selling at the wrong time.

Sometimes I even think that the more you know, the worse you lose, and you may be able to keep your capital if you don't know anything.

There is something that I would like to say to the community, that the stock market books are totally applicable to the technology of Bitcoin and its market, because the techniques used by the big market speculators and the big investors do apply to the crypto market, too. You have to keep in mind the main thing, the BTC market is a very volatile market, it is the ingredient with which you must deal, the crypto market in general all depends on BTC, that is, all altcoins, tokens depend on btc , and the one that does not depend on BTC is because it simply survives from pump and dump, which many traders dedicate themselves to.

It is true that we continue to learn and keep gaining more experience, gaining new knowledge in the field of cryptography.


The crypto market is highly volatile and it is impossible to predict what will happen next in the market and to develop a 100% perfect trading strategy. You can only learn constantly, learn from every wrong trade and improve your strategy to reduce trading risk.

It certainly does apply, but the unexpected parts are more wild here, that could be the only difference. Normally if you check how much the s/p 500 moves and how bitcoin moves, the directions are not that different, there are times when it is, but most of the time it's not.

At the same time, when we are talking about something much bigger, something like markets go up 10% then you can see bitcoin go up 30% during the same time, or the markets drop 10% and bitcoin drops 30%, this valid when you compare bitcoin with stock markets, when you go to alts there is equal difference between alts and bitcoin too, so volatility difference between alts and stock market is even bigger.