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Over the time, I've seen people wanting to go into trading because they feel or think is a get rich quick scheme but get so disappointed along the process because the result they get isn't what was expected.
Trading is a very lucrative business but also a very risky business as well and as such should be done with so much caution.
What would be your advice for those wanting to trade as a newbie?

Trading is a science, and therefore the more you know, the better your performance, but it is not like physics and mathematics, where one + one equals 2, but is based on unknown variables, and therefore there is a factor of luck, this factor disappears with skill, practice, and trading for a long time.

Thus, if the beginner does not learn or has sufficient knowledge, the possibility of losing is more than gaining, especially if he does not control his feelings, which is the second most important factor after learning.
So it is the product of learning, risk management and market psychology.

Trading education is very important if a trader must succeed, trading is a career which if built and nurtured to perfection, can give the bearer a long lasting stream of income.
As a newbie, don't just jump into trading, take your time and educate yourself, learn all the necessary techniques required to become a good trader, acquire all the tools needed as well, don't ever assume that trading is simple and rush into it, if you do, you will end up rushing out the same way you rushed after having lost a good amount of money .

My advice will be to lower the profits they expect to get out of this market and that they triple the amount of time they think it will take them to be ready to trade the markets, newbies need to understand that trading is a very difficult activity because they are competing against millions of other traders which want to achieve the very same outcomes they want to achieve, so unless they are near the top when it comes to their trading skills they will just donate their money to those traders.

Just let them be and sooner or later they would really be able to experience out the bittersweet thing about trading but of course it would really be first on bitter experiences on which it would really be talking about

losing money due to lack of knowledge and skills which is really that a pretty common approach and something you cant really be able to avoid it out.This is really that a very common perception when noobs do

able to see about trading on first time and thought or mind off that it would really be that easy to deal with but when they are on the actual situation then they do just
realized that they've been fucked up.  :D

My advice is that, don’t be afraid about the risk just learn the process and improve your knowledge because that is your only weapon against the market and without that, you can’t expect to make profit.

Trading is a good job, consider it like that and take it seriously. Newbies should also not rely to any signal group because its not safe so learn on your own and trade on your own. Trading can only be profitable if you become more responsible with your decisions.

Where financial matters are involved there will be risk, in this case knowledge is more effective than emotion. A trader needs to know about the crypto market and develop trading skills to be successful. An experienced trader never thinks of getting rich quick, because he knows about reality. And those who come to trading with the idea of ​​getting rich quickly end their trading journey after losing funds badly.

I think that in order to be successful a trader needs to think about the reality along with developing trading skills because many times that trader may have to face unexpected situations.

My advice to newbies who will like to try out trading is to be courageous and determined. Trading is educative. It trains three major aspect of the human mind. The first is greed, the second is money management and the third is emotions. There is no business that doesn't incur loss the difference is how the trader manage their emotions, funds and greed level regardless of what strategy used.

Whatever you do, there's always a risk so better to know your risk tolerance and do your best to be better on you chosen field.
Trading is not easy and its not all about making profit, you also have to understand that losing in trading is inevitable, what you can do is to improve your trading skills to avoid any big losses and be more consistent for your long term trades.

Newbies have to undergo the basic training about trading, they have to understand the whole concept since this is not just about buying and selling, its more about patience and timing the market trend. There are indicators to be used as well so familiarize yourself with it and trade if necessary, don't rush in the market with your empty mind.

You would learn up along the way and some other suggestion and advise that they should not easily give up despite of the losses that they would encounter or experience because this is the part of learning process.
It is true that we are really that prone to mistakes no matter how professional or veteran you are on trading space.Just make yourself believe that it wont really be that a simple career for you to deal with, specially
when it is really talking about unpredictable or random market where indicators and analysis couldnt really work precisely but it doesnt mean that it would be just like that way because there are people whom
do really be able to make money and sustain theirselves into this market.

Most newbies always fall for ponzi scheme, if they try trading and they get disappointed with the amount they are making, or some of them might be losing money, whenever they see anybody that will brainwash and introduce them to ponzi scheme, they easily fall for their trick, since they are looking for easy and quick money, and they can't get that from trading because they are not doing the right thing.
My advice for newbie is that trading is not a get rich quick scheme just as you said, if you want to be a professional trader, it involves reading, doing research and constant practice. As a trader, you will definitely lose money sometimes, is not possible that you will trade and you won't lose money, but we should make sure our profit is more than our lose and we should always trade with the amount we can afford to lose. Also we shouldn't depend on trading signals, if you want to trade, learn to do your analysis yourself.

Trading is not what we can do without not having much knowledge about it. So, someone need to acquired trading knowledge before he/she can start trading, and should be  continue knowledge because the more you do research and learn new things in trading field, the more educative you are in term of trading and the you make money from it.
My advice for newbies who want to trade is to do everything they can to learn as much about trading as possible before they begin trading. Newbies should always start at least their first two trades with a small amount of money, regardless of how they think they have gathered the knowledge to have their market experience, so from there they can start increasing the amount when they think they are getting it better and making profits from it.

They're encouraged when they've heard or seen those trading stories that have become successful. But it's not all about the success that they've made but the hardship before they reach that goal.
Yeah, sure trading is very profitable for those that have studied and endured those losses in the favor of learning which they can apply in their future trades.

Don't be hasty but never stop testing and experimenting with your trades. It's because you'll never know if it's going to be worth it in the future or not because you might stop. But if you really want to push for it, just keep going but bear the potential losses.

Learn a lot first about trading, cryptocurrencies, risks, and also various things related to the trading technique itself and its analysis. Learning is the first step that must be done in order to at least have an understanding of trading. so it's not just understanding that by trading, we can get the money very quickly and a lot. This is like a false hope because it could be us who will lose a lot of money from the trading activity. Not many newbies actually want to learn, some of them just want something instant, so some of them choose to use free signals without knowing what the risks of these signals are too. They also do not hesitate to spend a lot of money on trading for the sake of high profits. but again, they forget that as you said, trading has high risks that must also be handled. Therefore, it is necessary to first understand risk management and funds before really jumping into the world of trading, especially for those who are interested in learning more.

As a beginner, my advice is that the most important thing is that we have to learn a lot about psychological control in trading, because most people think that trading is a quick way to get rich. their main mistake is that they are busy looking for a good trading strategy system, many are even tempted to use robots as money-making machines. but unknowingly they forget how to manage risk if our analysis is wrong, and we have to be disciplined with analysis, because most of them in their minds have to make a profit every time they trade, this is very dangerous, where initially the aim was to do scalping but because of floating minus shift to long-term trading. I think this mindset needs to be fixed

Generally, risk transcends trading and encompasses everything in life. Embarking on a journey (whether road, water, rail or air) it's a huge risk on its own; but let's just stick to trading here. Yes, trading is a lucrative business but as well as a very risky one. The major nag in trading is that many would-be traders like to concentrate on the euphoria of making quick cash without putting in the works to acquiring the needed skills for it. Quite alright, even professional traders suffer losses from time to time but what matters here is the ability to record more profit than loss. Anyone who's scared of seeing red in their trade history isn't prepared to be a trader.

In trading the three aspects you mentioned are very important and we need to manage them properly,
trade is so complex that we need to learn first,
what is clear is that we have to prepare many things before starting to trade.

Control your emotions. It is very easy to learn trading but controlling emotion is not as you cant easily learn it online and also it is easy to read or say but very difficult to do. I thought before trading was the very difficult to do as i am having difficulty to read the chart but when  i started to learn it i started to realize to having not control in emotions is very difficult. So whats the best is having self discipline and not having greed takes place

They should use the amount of money they can afford to lose
They should not trade with emotions. It is not easy while trading, they need to fight emotion and go the professional way
If they become professional, they can increase the money they use to trade and start learning averaging techniques
They should not see trading as a way of getting income
They should not depend on trading for living
They should learn about risk management
Strategy they use is the most important in trading.

Trading is not gambling, but for beginners, without knowledge, it is no different from gambling. It can be said that trading is an extremely difficult job and not for everyone.
I believe that all traders, no matter how experienced they are, lose a lot of money before they become professional, so my only advice to newbies is: let's use the money we can lose and start with the smallest possible capital, since the probability of losing is almost 100%, limit that loss in as many ways as possible.

Honestly, I started trading with almost nothing, I only know the basics but based on my experience it was not really good enough to earn a profit from this. It really need to know trading tools that could help us and most of all, we have to enhance our Technical analysis cause this will affect our decision-making. Poor technical knowledge will send you to losing and this is usually happening to newbies (and even me before). We can only guarantee profit once we improve our knowledge and skill, and most of all by controlling our emotions.

I actually don't see any problem thinking to become rich in trading but the perception of thinking to become rich instantly was a wrong idea. We can't underestimate the market volatility which is why we should make ourselves prepared so well otherwise we can't achieve our goal.
Definitely, a risky business that is why we don't just put trading like gambling. We are supposed to take extra caution when doing in order to get what we wanted to happen and of course, to avoid big losses.

Actually, this statement is true because you can really become rich quickly if play trading right due to its leverage feature that allows you to borrow more capital in exchange for a liquidation margin to trade more. People are just so greedy and obsessed to get rich quickly which is why they keep chasing more profit despite the high risk involved. But there are a lot of successful traders benefitting from trading and getting rich quickly with a proper strategy. The image of trading becomes risky or dangerous because many newbie wannabe traders that using the platform the wrong way. They are the customers that exchange really like because they are just burning their money on an aimless trade.

Almost everyone in this world has the eagerness to become rich for that they may do something and think it will make them rich in short span but it only happens in movies whereas in reality you can't make money too quickly without involving in any shady activity.

My advice for anyone who begins their trading career is start as low as possible and try to build a portfolio value from the scratch and if you're doing successfully for a while then it may work for you.

There are risks in trading so my advice is to proceed slowly without rushing no one can achieve success in a day. If you proceed with the understanding, the risk will be less this style is obviously a very active trading strategy. It can be highly profitable, but it also carries a significant amount of risk for that reason trading is generally more suitable for experienced traders. Also risk management is essential for success in trading hence proceed with caution.

How could someone would think trading as a quick way to get money when it's too much risky to be involved if you don't know a single thing. I bet if someone would know how trading works and how dangerous those risk that are present they might change their perspective on how trading is difficult to get a profit.

It's easy for someone to say that "let's do trading because it gives money" but hard to do than what you expected. Don't skip the tutorial phase even in games there are tutorial on how to play the game so you should learn the basics. It goes the same with trading or investing too everything has their own tutorial and all you have to do is to do some research.

If you don't have passion to trade then don't go for it. Don't expect trading to be all about the money but something that you enjoy doing. Anything you enjoy doing doesn't really frustrating you when the outcome is not favourable to you. This is to tell the newbie that trading is not easy, it involves you to learn the skill and have your strategy that you will always rely on to win. If the strategy is not working it is your passion that you drive you into finding a working strategy and with time you start having success story.

Most of those people got fake information to some streamers or people hype them that if they go invest on crypto this could change their life totally.  But hard reality would slap them because they will find out that its unease and only those people who is eager to learn about this would get benefited on crypto trading. To many mistake of newbies need to be corrected so hopefully they listen and try to adapt what they learn from us or to the people who teach them since this could be a good learning experience if they can improve their skills and not to repeat their mistake made.

If you are becoming rich overnight, then it will surely involve some shady business with it. I mean no genuine person have become rich overnight by any means. Trading is just like that, you won’t earn 1 million dollars on a trade. Moreover trading requires perfect calculation and estimations. With trading not only you earn profit, but also you invite unwanted risk of losing your money. So yes as OP said, you should be very much cautious while trading with real money. Wishing everyone best of luck for their trading journey.

Trading isn't as easy as others think. It has a big risk that we should consider. Those who enter it without complete knowledge surely fail and have losses in the end so we must be all knowledgeable about the aspects of trading and we should be aware of its risks. Trading is not an easy-to-get-rich scheme because it requires skills and a proper understanding. Without knowing technical analysis, we will only be wasting our funds and time on it. If we want to succeed, we should have the willingness to learn everything about it, and to be honest, it will be a long process of learning.

No job is without risk, and that applies to any type of trading. The risk will be very big if it is not accompanied by sufficient knowledge. Those who think trading is a get-rich-quick scheme I consider them to have been indoctrinated by irresponsible people. In a sense, that person introduces them to trading but they don't explain what trading is, what the risks will be and so on. They only say that trading is profitable, even though what actually happens is that it only applies to those who really understand this matter, in other words, there is a process that they go through.

There's always no a perfect line in trading, it will not be linear we should just learn to give all to him and let the things go. We should learn to some basic  needs so they can start to build their own family. Also we need to rest both our body and mind it will help us to concentrate even more and help us to have mores suggestions in the future of the business.

Instead of just saying that trading is a risky activity, then I think you might as well have some tips so beginners know how to minimize it. Honestly that would weight your thread better instead of just asking a question, and maybe you should consider it the next time you're into threading.

The tips and advice do not differ much from one user to another, the problem is how many tips a trader can master to minimize risk. The risk is still there, but it just needs to be minimized, meaning it shouldn't be removed.

The only thing I could say is that " make a prior to learn first and think about how to get it, not how to become rich instantly". Because it is wrong thinking about earning a huge profit if we don't have the capabilities to do it, without knowledge, skill, and strong determination everything is really impossible to happen.

I know we are taking risks and choosing trading to earn money but we must also consider that there are also things we need in order to achieve our goal. Becoming rich is only possible if we have all of those things carried on our backs on our trading journey.

Even though we have often said that trading is risky and not for beginners who want to gamble their money to get rich quickly. but unfortunately, not a few of them will not listen to various good advice, because they have been driven by the desire to get money quickly supported by watching various tempting videos and the fraudulent investments that invite them. This is the lack of human literacy, which sometimes only thinks about money quickly and doesn't consider other aspects. Even though he himself is a new person who is very clearly different compared to professional traders who can make a lot of money. indeed here, awareness is needed, but making them aware first is difficult and sometimes we are blamed for not wanting to help them. And unfortunately, they will also blame us if their trading is unsuccessful and ended losing money, they will always blame us and cryptocurrency.

Keep on learning, don’t ever join any signal group.
This has been my advice to my friends who wants to become a trader, learning is your key to succeed and put on your mind that trading is not your easy way to become rich, this can be your worst if you will not do it correctly. Trading is about timing, analyzing and know when to activate your trading strategy. Treat trading as your business which you will need to sacrifice first and be consistent with your working strategy.

Better to make yourself as self learn rather than on keeping on chasing with these kind of groups which are eventually not really just that relevant because every information could really be able to search

up online.It would really just make you pay on something that you could really get it for free.This is why its never been worth on making yourself considering on joining up to these groups.

On being self learn then of course you would really be needing to spend up some time and effort on getting those various informations which would really be relevant into your learning.
From theoretical until into those real experience which would be a good match up most of the time.

Oh no... trading? Got to tell ya that I had the same thought as those people back then and I thought that just because of doing such hardwork would do and would give me plenty of profits in a day. Turns out it.....is not.
Trading is not something that worked for me at all since the consistency that I needed are not going to happen as I also had that 9-5 work.

My advice for newbies would be background check yourself first. Do you have the means to learn tools in whatever exchange you're trading? Bollinger band? RSI? Can you be consistent and willing to commit a lot of time waiting for the market to turn into your favor throughout the day?

I think the fact that often times trading is just pure luck should be taken into consideration, like how quite literally none of us knows that luna and ftx will eventually collapses like this and affect our investment so sometimes even with proper strategy we could still losing.
I guess as a newbie they should know that trading isn't all about the conventional trading strategy instead it's mixture of both luck and good strategy with proper planning.

And fortune happens when you know that Genesis filed for bankruptcy and the markets reacted positively on the news and now we are up and above $22.5k
This rarely happens when the traders decide not to collapse the crypto with the news that might negatively impact the way markets were moving. It's great to see that we are being freed from the thought process that Crypto is just one or two institutions' personal property and understand that we hold it better.

Ofcourse,trading is very risky,and we really need a good strategy to be able to tackle it,not only for newbies,but for everyone who is into trading.It is very important to to have a matured mindset while going into trading,knowing that lose is one of the major things involved in trading.Trading is as risky as gambling,this is to say that one's money can go in less than no time.

before going into gambling,it is essential that one  embark on a research journey about a particular project,and know the skills involved in it before investing your money in it.

Sometimes it just doesn't worth it. I am in no means a rich person, but long term made me more money than trading. Sometimes you are just not smart in the way of trading, maybe its the math, maybe its the emotions, maybe it is something else but whatever it is that is required to be a good trader, I do not have it. Do not push yourself to be a great trader, maybe you will become one and if you do then sky is the limit for you and I applaud you on your talents and I hope you make a lot more money. But if you don't, just don't force it and instead focus on making money via long term investments.

My only advice is to try it first with just a small amount. Just because someone told him the profits are amazing, they should not jump in with risking large amounts. Try simulators, and do it over and over again until you reach a point where your confidence is high enough to start a $100 test for example.
Afterward, all will be learned thru experience.
We can give them all the advices as a veteran but that won't really be followed. Greed, chasing losses, and every emotion will happen and it should be learned by the trader firsthand because I honestly believe it cannot be taught.
Just be wise in every decision.

From my personal experience, I advise beginners not to trade unless they gain sufficient knowledge and experience. This is not just theoretical talk, but rather through experience on the ground.

At first I thought that I learned trading just by knowing the basics, but later it turned out that this is not true, there are many things that can only be learned after gaining sufficient experience through harsh experiences.

Many of my friends want to start trading immediately when I tell them about my work, but I advise them to slow down because it is difficult to explain to them how difficult it is, they think that it is just that you buy cheap and sell at a higher price, but later they know that things are much more complicated than that.

Trading is about preparation to learn,  to have patience to wait for profit for the bull market and to face risk.  When one is not prepared for trading their are always challenges around that makes one feel frustrated and want to give up about trading.  People who don't have idea about trading but want to go into trading because they want to get rich quick in trading are not prepared,  and being not prepared will definitely come with a bad result at the end.

On a bullish trend, even a beginner who does not have sufficient knowledge about trading can make a profit from trading. In this case, it will be like a casino. But he will also quickly lose his money if luck turns away from him, and this will definitely happen to him, since trading requires knowledge, not just luck.

Right and that's why it's important to have knowledge and skills,
trading is very complex so when we jump in without any preparation of course it will only waste time and will lose,
in trading do not expect to make profits easily and quickly.

Learn the basics. Because these basics are the foundation and core of everything in trading.
There is some newbie who wants to become one in just 1 night, but it's not possible. You must trust the process.

Another thing is "capital preservation", it's not always good to to trade, sometimes it's better not to trade than to trade for a trade that you are not sure, there are still lot of opportunity that is good entry in the future.

Trading is not just a prediction if the market goes up or down its the knowledge base and experience base thing regarding executing a trade many people risk a large amount of money to have a good position to make sure there's no possible lose of their asset investment one of the major factor why people get a huge large amount of return is the flexibility of the leverage or risk management which is allowing the users or traders to lend some money for their position that's why having a pure intention, urge to learn and earn with the trading.

They should be able to think calmly and not rush into the world of trading because they must have the skills to analyze before they trade. But most people who enter the trade use the signals from other people and immediately buy and sell them, and many of them lose because they get the wrong analysis.

If they can analyze well, they don't need to look for signals from other people because it doesn't make them feel confident to use it. And only by learning to analyze what they can do before starting to trade.

Others take the risks in trading without knowing its real risk. They aim for profit and not because, with one wrong move, they can lose everything they have. If you are not fully equipped with trading knowledge, it's like you are going to fight a battle without any armor, and you will end up losing. So before entering it, you have to make sure that you know what you are doing. Experience will teach you how to trade the right way because you will be able to deal with the challenges of cryptocurrencies' volatility. If your goal is to get rich through trading, you still have to go through a lot because it will surely be a long journey.

Without any type of experience or knowledge, only thing that could happen would be a loss, there is no way that we could make any type of profit at all. I am not saying that it is going to be just pure profit as soon as we are more experienced and know everything. Obviously, even the greatest traders make some losses here and there, which is why it's not a deal to lose sometimes.

But if you are a newbie, you are going to make a whole lot more losses and that's the trouble, you should not be losing that much money, it is not good for your finances. So before you start to trade, you should start to learn more about it if you can, it will definitely help you a lot in the long run.

Yes, because not all have the same luck and knowledge. Maybe those people are just lucky and already have some knowledge when it comes to trading but you as a starter doesn't have it yet so the results that you can get is different from them. This is why we only need to use small amount first so that once we lose it, it won't be that hard for us to accept it. The amounts that we use can act as a fee for us to learn with our mistakes.

Simulators are great but I heard a lot of bad feedbacks about it. I think those people are shock that the results are different once they step in on the real thing. Greed chasing losses and emotions may not be taught but it's not wrong to give them a hint about these so that once they feel it, they will now try to control it immediately.

What i sight mostly from people is that they often fails to develop time to study and knows the principles that guides to a successful trading, sometimes it could be from poor mentorship and the desire to get started without properly finishing trading school before funding their accounts. Most people often think building a demo account from 10k to 100k has now rated themselves as a professional traders since they could make such progress with just demo what more of real account. My dear i would inform you that Real and Demo account aren't the same principle governing them, real account seems to be more tasking and riskier to trade with more especially if you aren't confident of yourself that much believe me or not you could be tempted to wipe your account within some days if time not taking. Besides trading isn't meant for everyone only dedicated individual could make it with trading.

For beginners who want to trade, it is recommended to choose an exchange that has been proven to be safe and has many users before wanting to put funds in it because exchanges are needed by traders, both exchanges (Cex) and (Dex) after choosing the right exchange, then they are required to determine the coin / tokens that want to be traded by conducting fundamental analysis because coins / tokens that already have strong fundamentals can minimize the risk of loss for traders.

Like it or not, there will always be newbie who will go against advices like this but let them. Sometimes they are the one who must make their own mistake before they learn. Learning the basics will also give us a basic knowledge. The basic of trading will be the buying low and selling high but this may not be enough.

We need to learn further so that we will know how to use the indicators and we will know how to do a technical analysis. People only see the profit or the outcome of other successful traders. If only they know how much money and time they allocate before they get there. I think they will think twice if they will still do it.

Mistakes would be your best teacher or something that would really make you learn which is very the most basic concept on most people do really ending up.Its true that there are indeed times that we are really that stubborn or hard headed.We do go on ways which we do seem that we are really that right but on the time that reality would slap you hard then this is where you would really be making yourself
do able to learn and would realize that its wrong on what you are doing and you should have listened into those people who are far more experience but well lets just moved on and
improve ourselves because it is really normal for trading to be risky and something that cant be predicted which even professionals and veterans are still prone to mistakes and errors.

Yes, that's why I always said that harsh experiences are the best teacher. A great loss that makes you hurt so much gives you a lesson that you will never forget not to make such mistakes in the future.

So this can be another lesson, which is that if you suffer a severe loss, do not despair and become frustrated and leave the work, but on the contrary, you must rise again and benefit from your mistakes, and so you will be at least as if you have obtained a practical training course paid for at a very high price by your loss.

As a novice trader who is also new to the market, I don't have much to impart, but based on my experience, I would advise beginners to study the fundamentals of trading first and start with tiny sums of money in order to get experience and test their strategies.

It is the opposite, just because you do not have too much experience this does not invalidate your advice.

Novice traders sometimes refuse to listen to the advice more experimented traders give them, so the knowledge coming from someone which is experimenting the same struggle as them is exactly what they need since so many of them decide to trade without learning even the most elementary knowledge regarding the markets and how to take advantage of them.

If a beginner without much experience starts his trading journey at a time like now, when we have been growing for a long time, then this can play a bad joke on him. For some time he will trade for a small amount, and then he will decide that he is doing well. And when he decides that he is ready to trade for big money, then the market correction can begin and the losses can be very significant.

You are right because learning the basics of trading can make you understand that trading is not easy, and it takes time to know how to use everything related to trading and the market. In addition, experience or practice trading with small amounts of money is also needed to know how far you understand what you are learning. Once you understand how to trade properly and correctly, you can start increasing the amount of money you use to trade but remember, only use the money you can afford.

Novice traders start listening to the advice of more experienced traders only when they lose their deposit, because until that time they believe that trading is easy, it's enough to just buy and wait for the price to increase. As a rule, it is the loss of a deposit that induces a beginner to study the basics of trading.

trading is very easy if we see people just saying it, but in reality trading will be difficult to do,
what becomes difficult is ourselves, where emotion, greed, and not having knowledge about trading is what makes us often lose,
so we you have to really master these three things if you want to be successful in trading.

it is because beginners start trading with their experience. it doesn't matter when they are looking for trading experience with small money. but those who rush with the skills they possess will be foolish enough to waste their money in a market trap.
the trade won't find support within a round or two. it aims to hone skills and give novice traders hands-on experience. The more he traded, the better for him to see immediately how he would respond to the market.

As said earlier, money means risk. If you don’t take the risk, then definitely you are turning down the opportunity. Each and every rich people have taken risk in their lives for which they are successful now. If making money without risk was possible, then today no one would have beee poor. But you should also make sure that you take calculated risks, as then only you will deduce the chances of getting losses. Trade with extreme caution, do proper research and take calculated risks, then only you will make the money out of Trading.

The basic knowledge of trading is like that, keep buying and waiting for the right time to sell. This means that trader only needs to buy low and sell high, but in reality they have difficulty finding the best time to entries due to lack of understanding in doing analysis. That's what makes many new traders often get other people's analysis or maybe they prefer to wait for hype or something like that before making entries.

Generally their deposited assets don't disappear just because they don't understand the basics of trading. What made their deposit disappear was that they sold low, but if they were patient and ignored short-term price volatility then sure profits could be made ^{[even though they don't know much].}

Correct, there is a huge difference between taking a risk and taking a calculated risk, many traders out there do not know the difference and take risks which are simply too high and lose way too much money on each of their trades, and while at the beginning they can withstand those losses eventually the losses become too big to ignore and it is necessary to try to do something to stop them, while someone taking a calculated risk may lose money too but their losses will be way more limited and they will still have the majority of their capital at their disposal.

Calculated risk only is viable if you know what you are doing. If you "think" you know what you are doing then you are going to end up losing a lot of money, but if you actually know what you do and you have been trading for a while and all, then it will not be an issue at all. I personally do not see myself as a good trader even after 10 years, that's on me and many will be good by that point, but having overconfidence will never help you. I would suggest approaching it like you still do not know what you are doing, that way you will always strive to be better and better, thinking you are never enough and wanting to be better at all times.

It is not only enough to apply caution in Trading, it is important to learn how to trade very eefficiently and effectively before you start trading professionally. It is only when one must have learnt the skill of trading that he begins to be cautious of their trade strategies and their  risk management

Not having enough knowledge of trading and involved in it is called gambling and not trading and that is why newbies cry alot

It all starts from people coming into this industry with the hopes of making it quickly and big but get disappointing when their altcoins investment doesn't give them what they were promised when the tokens of the project were on sales. They then take this disappointment with them in search for another way they decide to try trading. Trading isn't always their number choice that's why they just want to gamble on trades in hope for a big win.

Anybody that loves trading from the beginning will put priority into wanting to learn how to trade before they begin practicing but this gamblers don't care but just want to make quick money, are usually those that end up losing it all. They believe in only luck but you'll need more than that to succeed which they don't have.

To be more dedicated in their personal research before trading their coins which is the easiest way newbies can grow very well in profits making and to remain in successful in the community. Ensure, as a newbies you buy your coins when the price is low in the market and hold and watch when the price of that particular coin will increase higher in the market before you can sell to earn well from the market. Don't apply fear whenever you are trading your coins in the market, because those that applyed fear in crypto trading always have challenges at the end of the market that will make them to experience loss.

The task of a beginner before starting to trade is to learn to analyze. Without trading skills, he will not be able to get the right time to enter the market and place orders at the wrong price. Even though market conditions are experiencing a decline, he must continue to analyze because a decline is not a certainty. After all, the market can continue to decline so if he can analyze, he can know where the market is going. At least he can determine when to start placing orders and wait for them to be filled.

Crypto trading just like every other conventional trades demands lots of patience and determination to learn on the outcome of your trades and also through the experience of others, with a touch of DYOR.  No business pours out overwhelming profits immediately except it's an illegal business, even illicit drug business takes time irrespective of it been illegal.
I think it's the facades picture painted out there about cryptocurrency that makes newbies conceives into mind that it's a route to get rich quick business. We need to do more to always remind them that it's not so when telling them about crypto.

There is this adage "you can only be rich by taking risk". This is the truth about every facet of investment in the world today; either crypto currency or general investment modules; you need to make bolder decisions to stand a chance to make profits from your investment.

It doesn't matter whether you are a newbie or a top pro; you have to make investment risk to win big in the crypto currency space. Also, Trading is a lucrative business only if you know when to start, when to pause and when to stay away from the market.

Actually you are on a track and i believe seriously that cryptocurrency investment should be something someone should know exactly the methodology of market. Yes it's of true that cryptocurrency market have to be well understood before anyone can venture into it.while some experience disadvantages during buying and selling of cryptocurrency, it's the ability of them fails to detect a potential coin that will at least have some life before been crashed or terminate in the market.

What brings profit making and also a lose during investment of any coin is the ability to know the potential of such particular coin. And it's obvious that an investor is expected to buy or purchase a coins mostly Bitcoin when the price is at low level or on the bearish season, because it's when you invest during the bearish will make you to have a mega profit during a bullrun. So i will conclude that investment of any coin have to be done with a prosper research of that particular to know how potential is the coins before you can invest.

We must know what trading is, how it works, what benefits we will get, what risks we will accept. Being careful is a very important thing, but being careful is not enough if we don't understand what trading is.
The mindset that I have found a lot from many people about trading like this. Almost every time I meet people who know I am a trader and investor, they always offer me money to use as capital, and the result is profit sharing every month. I thought, what do they think of a trade like this? Because what they say seems to have no burden at all. Oh god if only they knew how to do my analysis every time I enter the market.

No trading business does not include risk, if all businesses had no risk then everyone would be rich now because it was just business.

All that is needed is that we know how to handle it so that it can grow and have a lot of income in the future by building good skills and marketing strategy. That is why we need to sensitive for us to earn a lot in the future.

yes trading is risky and everyone faces some difficulties while trading sometime they win and sometime they faces defeat. But if people manage their strategies and apply those planning through which they can get benefit so it will be easy to enhance their profits. Some people just focus on others ideas and others mind they work according to the other's thought so that's why they fail to get better outcomes. fruitful results will be achieved but for that you should be patience because not a single person become Millionaire in a matter of seconds hence every success needs time.

If you focus on others ideas, then you will have hard time figuring out why it didn't work and why you made a loss. If you knew what could be wrong, then you wouldn't trust others to begin with, you would end up doing your own, or at least not follow that other person since you would know what was wrong with it.

If you followed them, then you didn't know what was wrong with it, and when you lose money then you will be just blaming them for your loss and moving on to another person. It is much better to figure out what you could do yourself and that way you would be able to make a lot of profit and you would be figuring out what's wrong and fixing that to make more profit.

Learn the basic first.
Don't jump into trading thinking that you can make money quickly. It's not that easy as it seems.
Make your own analysis.
After learning the basic, you need to learn to analyze the market based on the price chart and history. That way you can get a good result on your trade.
Making sure to spend wisely on your trades.
Be sure to make a plan on how much you are going to spend and what's your profit target and how much you can afford to lose. Use stop loss to be safe from losing big amount.
Getting your emotion controlled.
Don't let your emotions control your decision. You know that the market will go up, but suddenly the market falls down a bit. Your emotion will tell you to sell at that point. But in the end the price will go up if your analysis is correct. The same goes for downtrend market.
And in the end, choose the best platform.
You need to choose the best platform for your trades. In order to keep your assets safe, choose something which will provide the best security and will keep your money where it belongs. You can also choose decentralized platforms for trading too. But it's totally up to you. DYOR.

Its never been ideal for you to follow up someones idea or analysis when it comes to trading and its  true that you wouldnt really be able to figure out for yourself on what are thing things that you should be able to learn if you are the ones who do make out such analysis and made out your own ways on how to deal up with the market.This is why self experience and learning would be the best tool for you to make yourself
that effective and making yourself do able to learn and much more preferable on this way.Trading is indeed risky but this is something that you could really be able to handle out on your own
which it might takes time and lots of effort but once you do have a good grasp to it then you could really be able to sustain.

I believe every trader knows that before one will come out winning during trading,he might have developed a high sense of maturity,knowing fully well that in the trading game,there is high risk involved,and he won't be scared by the risk,he trades despite knowing that,and with good strategy,he can come out smiling.
To those people that don't know about trading,they feel it's so easy  to trade and get your desired money back  immediately,you must bare in mind that anything happens while trading.That is while you must strategies well,plan well and go in to trading while the coast is clear.

TRADING is not a scheme to get rich quickly and one thing is that a person should be aware of all the things  regarding trading whether it is failure or achievement.

A person should realize that that will always be good as well as some harsh results but never give away because only mistakes are the way through which a person can get experience.  

A person can achieve beneficial outcomes if he become active and think more accurately for the buying and selling during appropriate times.

If you lose your deposit before you gain experience, you will have to start all over again. But next time you will not start with trading, but with training, which will allow you not to lose your money again. In this case, it will be possible to make a profit from trading and become one of those 5% whose trade is profitable.

That's right, many beginners think trading is an easy way to get rich quick but end up being disappointed.
Actually I feel sorry for some people who have thoughts like that.
As time goes by, with the convenience of technology and internet access, many people misunderstand the thought that trading is a get-rich-quick scheme.
Many new people jump right into the world of trading without first learning how it works.
Or even easily hand over their money to be traded by other people and finally they are deceived.
Someone sometimes cannot think clearly when it comes to how to get rich quick.

In my opinion for beginners who want to trade, it's best to get rid of expectations that are too high first.
Then expand your knowledge of trading.
After that trade small amounts first to increase experience.
No wealth comes easily. There must be enough intention, knowledge, effort and experience.

We must have learned a lesson from committing mistakes in such a way, we will grow old in terms of making decisions and old enough to get affected by the FUDs. It is to realize that trading is not an easy job that we need to underestimate or even to be confident that we are sure to make money. Because without the deep knowledge of trading and skills, I was very certain that we never reach our goal instead, only we got losses. That is why we should be careful what we do and must adapt to the situation.

I will say the summary of it all, is to devote out time to undergoes the training before any further establishment. And secondly when someone loses it funds for investment and it's what it's desperate to understand it will make the person to be curious to identify where the errors occur from. So any profitable traders undergoes examination of trading before becoming successful via trading. So mistake always be the encouragement factor to understand errors via trading.

   I remember vividly in 2019 when I first decided to trade without any in-depth knowledge about trades and trading strategies and just as anyone would guess, I ended up losing my funds. Over the years I've learnt a few tips that has helped me become a better trader and I'm going to share them here to help newbie cryptocurrency traders.

1.There are various protocols of trades which means that the crypto market is a vast therefore it is important to do your research ensuring that you understand it before resolving to trade.

2. Due to the volatility of the crypto market, prices of cryptocurrencies are unstable and so it is of great importance that a crypto trader finds good trading strategies to enable him/her make the most out of the volatile market. Consider Spot Grid as one of them. This strategy automates buy and sell orders on behalf of the trader within a predetermined price level. This strategy captures more profit margin from market fluctuations, diversifies your investments and saves you time. Most exchanges, the likes of Binance, MEXCGlobal & KuCoin have incorporated this trading tool for their users to have a better trading experience.

3. Practice discipline as trading would test your level of discipline and avoid FOMO.

4. Learn from past mistakes.

Trading can be risky, especially for those who are new to the market. Here are a few pieces of advice for new traders:

Educate yourself: Before you start trading, it's important to learn as much as you can about the markets and the securities you're interested in. This will help you to make more informed decisions and understand the risks involved.

Start small: It's important not to invest too much money before you've had a chance to gain experience and become more comfortable with the markets. Start with small trades and gradually increase the size of your positions as you gain more experience.

Have a plan: As mentioned earlier, having a well-defined trading plan is essential for long-term success. This should include your goals, risk management strategies, and the methods you will use to make decisions about buying and selling securities.

Keep a record of your trades: Keeping a record of your trades will help you to evaluate your performance over time and make adjustments to your strategy as needed.

Be patient: Trading can be a volatile and fast-paced activity, it's important to remain patient and not make impulsive decisions.

Diversify your portfolio: Diversifying your portfolio can help to spread risk and reduce the impact of any one investment on your overall performance.

Seek professional advice: Professional financial advisors can provide valuable insights and advice to help you make informed decisions about your investments.

Risk management: Develop a risk management strategy and stick to it. It is important to have a strategy in place to limit your losses and protect your capital.
     trading is a skill that takes time and practice to master, so be patient and don't be afraid to make mistakes.

I will ask my friends why they want to trade if their reason is promising and looks convincing then I will teach them the basics of trading, but if they only want to earn quick money then I will suggesting them go gambling  :P, Well not everyone interesting in trading since they got no time to watch the candle move but my friend more prefer to invest in long term tho.

Trading is one of the most profitable thing you can ever venture into while at the same time very risky. It is so risky that it could turn a million dollars into $5 within ga twinkle of an eye if care is not taken. One of the most affecting factor that makes a lot of traders to loose their money in trading is over-leveraging. The higher your trading account balance doesn’t mean that you over leverage. It is better you risk the amount you can afford to loose even if the market turns the other way round. It is not advisable to trade with a very high volume of leverage all because of getting a quicker and faster profit, that is why a lot of people lost their money to trading. Once you understand very well how the market works and with a very good amount of patience, then you will always see some positive outcomes on your trading.

Without a doubt leverage is one of the causes why traders lose their money so quickly in this market, to begin with this market is already very volatile but for some reason traders do not think it is enough and they add leverage on top of it, a very dangerous move as if bitcoin moves too strongly against their desired outcome and they missed or forgot to add a stop loss they can lose all their capital in a matter of hours or even minutes.

Its not bad to touch up leverage but it is really that recommendable on sticking not more than with 10x i should say.I have really that bad experience when it comes to huge leverage in futures which it would really

be fucked you up if you dont know on how to apply that risk management thing which is something  that you should really be minding because if you dont then it would be resulting into a disaster.
Trading is risky and it would be better to stick into spot and if leverage then go into those numbers above but there are people who are really that too impatient when it comes to their
positioning on where they do really prefer out on setting those high ones and treat it out just like a gambling which its never been that recommendable.

Know you level of skill and expertise. Do not attempt to a new trading strategy you do not understand or is yet to fully grasp. You have to be self-aware and very disciplined too.
This is especially for those who jump into futures trading because they hear that people are making big bucks off of it and they want that too.

And traders must not rush and think about earning a profit in trading is too easy. Many traders had failed not because they had a good plan or strategies but also due to the unpredictable market movement. That is why we should not underestimate the market nor make ourselves easy to the situation because the truth is that trading is risky and could incur losses no matter what you do. We have to be careful with our decisions as well, many things happen with every mistake we do.

The easier the trading, the higher the risk. You can't profit very easily from trading platform. If you want to profit from the trading platform, you must take maximum risk. There are many traders who trade on speculation and don't follow the rules and lose their money anytime. For any person to start trading, first of all there are trading strategies, all those strategies should be known. Only then can a trader succeed in trading.
My advice for newbies is to learn about trading first. Then you participate in the trading platform. Trading platforms have certain rules and strategies that one should not participate in without knowing them.

There is nothing under this earth that is not risky,in as much as you are trying hard to make ends meet,you must undergo some risk to get to the height that you want.Likewise to trading,we know that trading brings fast money,but it is highly risky as well,and in order to avoid that risk or lessen that risk,you must strategies and be current and  smart enough to know the particular time you will trade your coin.And also putting in mind that it is a two way thing,either you win or loose,but try as much as you could to be on the winning side.

Nothing because there are so many suggestions and lessons that newbies can get by searching the internet, the most important thing is to implement every knowledge obtained consistently and change the mindset that trading is not a way to get rich overnight but can be a job that produces results that can be done consistently with sufficient knowledge.

The risks of crypto trading and investment are indeed the first thing that must be told to every beginner who wants to start trading or investing.
that's so they know, that indeed in crypto trading, there will always be a possibility of profit and a possibility of loss. so when they without enough knowledge and also without sufficient skills start trading. they are consciously aware that they are taking a risk for themselves.

Never rush things. You can't make yourself rich overnight, unless you're a fast learner with a very high IQ that will help you to analyze the market truly to have a very promising technical analysis. If you don't have a long patience, you will never survive in the trading world. Trading will require to risk two things, your money and your mental health, because that'll be put up into test on how much you can endure while you're learning how to trade sufficiently.

In the long run, your hard work will finally bear fruits and you'll be thankful to yourself because you did a great job.

I see it as a learning curve, as with everything - you just need to get through it, one way or another. Rarely will anyone hit the ball out of the park from the get-go, you just need to get burned in order to learn.

Yes, you could have thought of a scenario where someone just soaks everything in for xyz year, doing nothing, watching and observing the process, and then hits the market with investments, but that would be a complete outlier.

I would guess that the majority of us initially attempted trading in an effort to make money when we were new. When we hear the word "income," our interest naturally rises. Knowing that trading has an infinite earning potential inspires us even more. Then, sooner or later, we realize that money is not easy to get. My advice to the aspiring traders is to study trading and dedicate themselves to learning. Never trade the money outside of our budget, including those for emergencies. We only need to trade the extra cash we have.

Trading is inherently risky, people should be aware of it before they became a trader. But the risk can be manage especially if we already have a proven system that we can use in order to be a profitable trader. The hard part is to where to learn a proven system that can help  us to create a path in order to become a successful trader. Through proven system, we can have a very good risk management where we know when to enter, when to exit, identifying stop loss, identifying how much we will risk and also identifying the margin that we will place in every trade.

The reason why many people lose their money in trading is not because of their strategy, it is because of their risk management where they do not do diversification where they keep doing all in in just a specific coin. That is the main factor why many people quit after just few months of trading. If we will improve and develop our skilss in manging risk, then there is a big possibility that we can become a profitable trader in the near future. Consistency is important and we should make sure that we keep gaining knowledge in order to be prepared in every market move.

It's not only fundamentals of trading that a newbie needed to start trading there are other aspects like technical analysis where  newbie is expected to learn chart analysis, Candlestick patterns, how to use indicators, how to deal with emotions and fear while trading above all practice your strategy with a demo after plenty hours of studying chart before live trading with a small amount of funds for a start, trading is not easy because of the high risk involved especially crypto trading is synonymous with a very high volatility therefore trading an art that any newbie must master to guarantee earning profits.

Trading is risky and it is similar to gambling. As I believe they have the same features. It is a "game" of probabilities. Trading is basically looking for trades that gives you the probability of making a good profit that is significantly more than the more the trader is risking. The thing every trader must do is to have a certain level where if it doesn't work out they exit the trade so that they can live to trade another day. It is about knowing which risks is worth taking.

If you don't have knowledge and skill in trading - therefore you can say that trading is like gambling.
It was not a game of probabilities, it was not 50/50 winning chances. In trading, we don't rely on luck, unlike gambling because a trader will have to find a way how to improve their knowledge and skills. Meaning, there is a big chance to earn a profit which is far different from gambling. Trading was found to be a risky job and that is because of the volatility of the market but it was not a thing we have to worry about it as long as we already know how to adapt to the situation and are good enough in market analysis.

We do know on whats their differences when it comes to odds and chances of winning or being profitable because one of them could really be able to something to be applied with some strategy and analysis and the other

isnt something that could really be affected out by some strats or whatsoever.This is why for those who do wants to trade up then they should really be that mindful about on having that no gambler like mind.

This is where most people do end up whenever they do engage up with trading is that they do treat it out like gambling on the time that they would doing up some trades
which is really a very wrong treatment.

Volatile markets and fluctuations in stock prices are risky for even long-term investors. It is important to stay focused during trading. As soon as a trader learns to trade consciously, the majority of distractions will not have a serious impact on him. However, in any case, a trader should build a friendly and favorable environment for trading.

My advice is don't be in a hurry and prioritize learning all things related to crypto trading, especially getting to know the crypto prospects that will be chosen as trading targets. Most of what we see from beginners is wanting to catch up with people who have been in the field for a long time and make a fortune. So they often put aside the long process of trying their luck. Basically, they gamble more with what is traded and hope for an instant boost. Failure after failure continues to be faced so crypto trading sucks. It's no wonder why many novice traders experience something like this because their initial steps and goals were wrong. Everything has a risk, not just trading crypto, Any type of trading has the same risk depending on how he set his goals, and his intentions, and how determined he is.
 
If as a beginner you want to get into crypto trading, what you need to do is put aside ambition first, don't be fomo easily, and always do as much research as possible about the risks of buying coins that have no potential.

That’s the thing, that many newbie traders miss while starting their trading career. You can’t make profit if you won’t take risks. Now you can make little money, if you take less risk, if you increase the risk percentage involved, then the profit you will get will be also maximum. But remember that with the increase in risk percentage, the risk of getting losses also increases. So yes invest wisely and cautiously. At last the conclusion is that, trade as per your needs. If possible take calculated risk and trade wisely.

Trading as needed becomes the thing to do. Because sometimes some people trade beyond their capacity. Trading without good financial management, doing all in on all capital owned. If you don't have good management, losses will come soon. A large percentage of risk will result in a large profit, depending on how much money is traded. Without taking a risk, there will be no profit. Just getting into crypto investment is a risk because it is the decision and responsibility of each.
All businesses and investments have risks with different positions.

There's no one that can skip the fluctuations but what's good with long-term investors is that they'll never just give up because of it. They're in the waiting game and understand that patience is the most needed thing if the market isn't that good at all.

Experience will summarize all of those learnings for sure.

Sometimes, someone with very high expectations for trading results actually overrides the risk. Because they are too confident that trading will bring them as many profits as other people get. Especially if they have relied on trading signals from a group, this will make them too confident in their activities. This unawareness or ignorance of this risk is very dangerous, because even a professional trader must have good and strong risk management, and always take into account risks so that they make various strategies and anticipations to avoid these large losses. However, sometimes some traders, especially newbies, don't think about this, either because of their ignorance or because they are overconfident with the trading activity. So that when they experience losses in trading, they will be very shocked and not ready for this risk. How is it going? Ultimately they blame trading and crypto itself for the fatality of their way of trading.

Mostly when we are just still noob on which we do really have high expectations on which we do really believe that it would really be that easy and doesnt really mind off about the impose risks when it comes to

trading which would really be leading into that kind of confidence and on the time comes that reality do slapped into your face then this is where you do make our some realizations that it was never been easy.

This is why most of the time people do make our learnings when they are really that on the actual situation and realize for themselves that it wasnt the thing that they were expecting for it to happen.
Trading is really that hard and not something that you could learn up in shortest time as possible and this do really take a particular time for you to have a good grasps into it.

I don't think trading is very lucrative, investment is more lucrative. But by trading, you can gain faster profits. While investment requires a lot of time to take profits, you spend much time to reach your target, especially for a long-term investment. However, a long-term investment offers a bigger amount of money.

For newbies, it is better to start trading with small funds. Know well how to trade properly, don't hurry to gain bigger profits. Get enough experience before using big funds because trading has a risk, too. And never try future trading, it is not for newbies!

Yea, Everything in life is risky not only trade, even sleeping is risky because you might sleep and not wake up, so risk when it comes to trading is not an exception, Risky decisions in life mostly come out to be our best decisions ,so what we should look at is the kind of risk we take, different trade with different Risk, don't trade with the mindset of getting rich immediately you might end up loosing all your currency and am speaking out of experience, risk Should be taking accordingly.

I think everyone involved in trading will know what risks they will be exposed to, especially when it comes to trading crypto. It's true they will understand it differently from one trader to another, but in essence they know what the risks are.

Minimizing risk is the responsibility of every trader, and his success in doing so depends only on how well or how able to minimize it and it all depends on their knowledge and experience. It's hard to say they don't know the risks, and at least they definitely know that losing or losing money is the main risk. I really believe they know, but sometimes greed makes them unable to do well.

My advice for new traders would be to start with a solid foundation of knowledge. before you begin trading, it is important to educate yourself about the markets and the assets you plan to trade. Understand the basic concepts of technical and fundamental analysis, as well as risk management.

another important advice is to practice with a Demo account before using real money. a demo account allows you to trade in a simulated market environment, which will help you to gain experience and confidence in your trading strategies without risking any real money.

I have always said something, and it is only advice, if we see trading as a normal business, we will do well, that is, in a business the ROI is calculated at least 3 years, and that includes hard work almost every day, in this trading thing, things are different because the ROI is variable, we can talk about a more flexible ROI, if the person has adequate patience and does not despair, it could be in months, but it must be seen as a business where everything should never be done quickly, if a person rushes and trades in futures, he can lose everything in seconds, and if he is not with the corresponding lotage too.

You are the ones who would really be finding out whether it would be worth for you or not but we should put up into our minds that trading isnt something that you could deal off with easily or in a short

time which it would really be requiring sufficient time and effort to be spent out for you to make yourself find out if you are doing well or not.Trading is risky but its not impossible for making yourself
to be profitable but you would be experiencing lots of trial and error which we do know that it is really just normal.

Be versatile and make yourself that aware on your actions.Just dont make yourself in a rush.

justified only if there's no manipulation going and you could still make profits, sometimes it's just individual vs whales, same in stock market.
if you think trading is still quite good and you could still make profits that's totally fine, after all everyone have their own way of making money.
but sometimes some people aren't really trading they are betting.

Trading came with risks that were beyond comprehension. Setting TP and SL before executing an order in the market is highly recommended. Depending on the size of the account and the leverage, it takes very little time for one to notice earnings or losses in his or her account. Always exercising prudence before trading has greatly reduced the number of times I've had to liquidate my futures accounts, which is one of the worst things I've ever experienced in this industry. There are instances when we may be able to predict the major defeat, but we must still confront it in order to grow stronger in the arena and learn the finest strategies there.

Every Risk is meant to be taken, there won't be a risk is there is no body to take it, so I can say every Risk is meant to be taken with some level of carefulness,  so you taking a risk while trading is not a new thing, in short apart from online trade even Normal business trade is risky because you might loose your whole money because of a single mistake or situation.

If you really want to to prosper in what ever you do , then you have to be ready to take risk and risking something to get another thing might end up bringing back the two things risked. And you have to be very conscious, once you have taken risk make sure you observe that trade closely as to know when to opt out of it.

totally agree with what you said, no action will be taken no risk will occur, but everything is returned to the person to be able to keep the risks that occur as small as possible and not fatal, even of course it is very good if it is profitable.
but before taking a step, you should know the circumstances that will occur for each step that will be taken, as well as trading.
Observing and analyzing as best as possible is an action that must be taken before going further, so that there are precautions if something goes wrong in the step so that it is not more fatal.

You would be able to learn up those things along the way on which you would really be experiencing errors and mistakes along the way on where these things could help you out to become a better trader later on and thats if you are really that sensible on trying out to accept those errors and accept it. Trading is risky and its one of the most common thing and just like on other investment on which it would really be that
normal that you would really be losing money.Thing here is that you do need to sustain if you do really have plans on making profits or making some good career on trading.Not all would really be
able to handle it out though.

Adequate amount of knowledge is definitely required for trading.  As there is a desire to know the unknown, there are many learning levels in trading.  Because anywhere you enter there will be risk in this case trading is definitely risky because where there will be profit and loss risk is normal.  Trading is best to start trading with a small amount of assets and gain experience as you trade.

I started trading with small amount of assets when I was new.  First time was successful but second time I faced loss.  But from there, my experience gradually improved, but now I can call myself a normal trader.

There is no doubt that risk must be taken in any business, not just cryptocurrency trading.
However, basic and adequate knowledge is required in order to minimize risk; but even so, some people will jump into trading or any business without having any knowledge of that particular business; these are the people who fail quickly and end up blaming those who introduced them to the business, particularly crypto trading.


The higher the risk the higher your profit, but sometimes you need to learn how to minimize the risk because if you cannot minimize the risk, you will lose it all.

It’s big well of money where you never find the solid bottom and never leave out of your desires if not controlled in time. That repeating feeling of “I can get more”, “I can overcome my loses”, “just the last trade”, and so on; all of those feeing and actions can be dangerous in the long run and everyone goes through this. Many traders keep stating they are strong mind but somehow everyone goes through above mentioned actions and thoughts. Everyone knows it but none of them openly state it. Better stay away if someone is not able to control such actions. Otherwise it’s horrible unrecoverable money.

Dont chase up losses
Dont be greedy
Dont be that impulsive

This is the key for you to withstand this unpredictable and random market.Dont make yourself in a rush because it would really be
just that creating that kind of desperation and which causes lots of mistakes.Trading is risky thats why you should
take it seriously and do your assignment on the time that you would be dealing with.

I agree with you, friend, every action we take, especially with trade, so if you experience an action that results in an unwanted mistake, of course you will push yourself so you don't make the same mistake again. Becoming a good trader can be ensured because one of them is learning from mistakes that have been made, because they always leave an impression and create a desire not to repeat.
It must also be admitted that all actions are certain to always be full of risks, especially with crypto trading which is difficult to predict if not for being diligent in analyzing and continuing to want to learn and update knowledge.

Trading is risky this is why there are rules. See trading as a mathematics and a game , in the sense that when you understand a game you will enjoy it and keep wining, and in the order hands as a Maths, when you know the fumular, the rules of solving every mathematics and apply it you will definitely arrive at a profitable results. In trading 95% of traders loose money because they only focus on making money without understand the process that is involved.

 If you can sit back and ask yourself what is the mistakes that the 95% of traders do or why they loose money and start working on correcting those stuffs like risk/money management, greediness, inpatient, basically outsmarting the market, indicipline etc , one day you will as well become part of 5% profitable trader .

I think everything in life has a level of risk associated with a level of profits that could be earned from doing it. The difference between all earning money sectors lies in the amount of knowledge and experience that's needed to do it, the higher the knowledge and experience, the higher the profits. Regarding cryptocurrencies trading, I think it's still profitable, but it's getting harder and harder as the AI bots that is operated by exchanges making it difficult for the average person to make profits, as well as the manipulations are always there as the market lacks regulations.

If you say for beginners the thing to do to invest is to keep trying with a smaller amount because if you think about a risk it seems that everything you do has its own risk later. all choices have a risk for you to learn with all of this. So everything is in your hands later.

well, trading is not an instant way that makes you rich in 1 night. Trading is the art of buying and selling and profiting from it. even though basically trading is easy, believe me, what you think is not true. the people who got rich through this route probably had a bitter time in life trading. Prepare your faith and mind because the risk of trading is very large. However, when you master the techniques of trading, you can also benefit quickly. make sure to use money that won't change your life when you lose it. Always develop the strategy you have, and always learn. and one more thing, Don't be greedy.

In all trading there will always be risks, the most important thing here is that they can generate opportunities to prosper but with the possibility that you can win, when you operate at risk it is that you can take a very high lotage when you have a balance that does not be so good, because two things can happen, if you are lucky you can capitalize very quickly, otherwise everything could go down and burn the account, so in trading if a person wants to be successful they have to know how to do it, they have to know how to do and put a lotage to avoid going bankrupt, this is something that many trader sometimes do not pay attention to, but it is very important.

But he didn't say that he wants easy money or he got involved here for the same reasoning but he is just interested in trading. We shouldn't worry for the guy like the OP because he will surely have a patience but what he lacks right now is knowledge. It can be the basic one since it's only the one that is easy to give here and teach.

For the advanced one, he must be the one who must venture it by himself. I don't believe that someone can get rich in trading due to its risk levels. It's just like playing a gambling and the only thing that can give us there is some profits which still helps to improve our life. In order to be rich we might need to save up and have different income streams.

trading can give profitable = yes
trading can be detrimental = yes

the more you take risks using large capital, the greater your chances of profit or loss, so don't ever think that trading is an easy job that anyone can do.


I'm not a financial advisor or investment adviser but I always emphasize beginners who want to start crypto trading (including my friends)
- ask yourself if trading is the business you want to do.
- are you ready for losses that could affect your condition? your finances.
- where does your capital come from.
- do you have basic skills such as analytical skills - technical - and mental resilience?

Trading is very profitable but sustaining those profitable profits is very difficult. For those who think that it is easy to profit from trading platforms, I would say that it is completely wrong. Those who trade without following the various strategies of the trading platform lose their balance and subsequently make many negative comments about the trading. I want to say that if you want to do trading, you must gain experience in different trading strategies and then do trading.
My advice for those who want to trade as a newbie is to gain experience with the trading strategies that are available. Always remember that trading is a very risky business. Trading is never easy. And trading platforms can never be too greedy.

Yes, trading involves great risks, but it is a great way to achieve good profits if the trader is patient, willing to learn, and has a positive outlook on the future in the long term in his journey and if the newbie trader can gain sufficient experience and develop his skills by creating a demo trading account on one of the platforms that are free of risks and he experimented with the functions of the trading system and got acquainted with them, and if he was able to determine his own trading system or strategy after he finished his learning period and expanded his perceptions and was able to do research and technical and fundamental analysis well and was able to control his emotions outside the market and make risk management a basic principle for him to protect himself from large losses and he was able to know how and where to enter the market, I believe this newbie trader will reap a lot of gains in the future.

One major reason why one needs to be very careful while trading is the emotional hallucination involved when there is a loss.Many people believe that during trading,risk is one major thing that one must take,but when the risk taken finally materialises into reality and brings loss,they suffer heart pressure which sometimes make them lose their mind and sometimes cause depression.It is therefore good to take note of the fact that failure is part of success,because Everytime that one fails,there is an experience gathered,and that experience makes them do well in their next trading.

Greater risk but better rewards as we do all know.We do have different types for us to deal or choose with.
-Spot
-Futures
-Derivatives
etc....

When you are just still a noob then its not bad to make some demo account and trying out to familiarize yourself into those terms and other things which you do need to be aware of.
Trading is risky but very rewarding on the time that you do have a good hold of it.Of course it wont really be that simple on making yourself that sustainable because this is where everyone is really been doing on
which they are really that trying out their best to be profitable.This market is unpredictable and very volatile on which it would really be just that normal that risk is high but if you are really
that wise and careful then making money wont be that hard.

Risk is always involved when we trade and when we invest, that's why it will never be one and is always present. And when we say about risk, there's a tendency that you really will lose and at the same time, you'll get some fine chances to profit.

That's so true, no success person that didn't go through with failures in the hustle that they make. Learn from failures and mistakes and those losses incurred treat them as your enrollment ticket fee.

I wouldn't blame them for thinking this way because if you look at some of these traders on YouTube for example , they are always flaunting flashy lifestyles, driving lambos, infinity pools, helicopters, women you name it but they never show the other side of trading which is the ugly side if you don't have the skill set to trade.

Advice is always going to be: invest in the trading skill itself, learn to control your emotions and exercise patience as these attributes make you a better trader in the long run.

traders who have such a fate are those who are too obsessed with big profits. and of course, they are not ready to lose. in their mind they only trade to win. despite knowing the risks, they never take them seriously.
those who start with large capital, usually do not have good control over their financial management. he can bring good money to the market, but with little experience and knowledge of the trade, they are just a gamble for luck.

Take time to learn and don't be greedy to profit huge instantly. Start with a small capital to gain experience so even you lose on your first trade atleast you learned something from it. Many traders didn't succeed in this career and decided to become a long term hodler since it's less risky though it takes a long time to profit.

But there's nothing wrong if you try just be careful and learn to set aside your emotion because it can influence you to commit a wrong decision, so it's important to be firm. Moreover, don't expect or rely too much in trading because you'll never know what lies ahead thus it would be wise to first try it as your sideline and not as your main source of income.

Trading is a risky thing, especially if we invest in new projects, price fluctuations can be close to 100% if they drop but can go up thousands of percent in a day, as a trader of course the first and most important thing is to be aware and understand all the risks, don't sell assets which can stress us out when there is a price drop, it's better to use the money in your pocket to trade, and always learn from profit or loss to become a better trader.

I gotta say, trading is a risky business, no doubt about it. As a trader, I know firsthand that managing risk is critical to success. When it comes to investing in new projects, I always make sure to do my research and analyze the market inside and out to asses the potential risks and rewards. I also try to diversify my portfolio, so I'm not putting all my eggs in one basket, you know what I mean? Gotta keep a level head and not let my emotions cloud my judgement, especially during times of price fluctions. One thing I learned early on is to never invest more than I can afford to loose, and I always keep some cash on hand for unxpected situations. Oh, and I can't forget about my trusty tradng jurnal, it's the key to learning from my successes and misstakes. With patience, discipline, and a committment to continuous learning, anyone can become a beter trader

Best wishes

Trading is not totally risky when you understand what you're doing. The issue with traders losing more than they gain is because they didn't learn the skills needed to become a professional trader but just want to start trading because they had few calls right. When people start trading because of this reason, they get losses in the longer run and begin thinking trading isn't profitable.

For you to enjoy trading, learn the basic and try to study the charts. Many people that call themselves traders can't interpret charts. Without been able to understand the direction the markets is preparing to move to then you can't make profits as a profession trader by just been depending on your calls to be Lucky.

People need to realize the risk they are taking when they are trading and most of them don't. This causes a lot of new people to lose money because they are not aware of the risks that they are taking when trading. Investing and trading are not the same, if you trade that means you have to buy and sell, pretty quickly if you can, whereas investing means you could buy, and hold for many years without selling and make a profit.

Trading is risky because of this, it doesn't give you time to right your wrongs, so you need to be a lot more careful and yet many people are not that much careful about it, and this causes them to end up losing a ton of money.

They really need to because if they wont really be seeing the risk about trading then it wont really be that a good thing because it would be basically affecting their risk management specially into finances.
You cant really be able to see for yourself on what would be the possible things that might happen ahead.

Make yourself aware about your actions and be having that realistic approach.Dont make yourself that too hype up and really that in mood that you could make money easily with trading.
This isnt how this thing works or the most common scenario which you could able to experience on.There's always that risks which is really that normal for you to face it on.

As newbie you need basic, study trading first before do big trades to avoid disappoinment many trader loss a lot of money because they wanted a quick earnings, we need to do trading with plan not just trade and trade because trading also need an strategy we need to think twice before making any decisions to avoid loss.

Indeed, when starting to trade, beginners should identify and be ready to accept losses, I have not seen a single trader who can make a profit or succeed without experiencing any loss. It can be said that failure is inevitable in trading, it is important that we get up to overcome it or not. If you want to succeed in trading, you must first accept losses even many times, not just once or twice.
My advice for newbies, whether you are a trader or a holder, all need to be patient and not give up every time you fail. Only when you do, that will success come to you.

Experience is the best teacher. You could end up studying for years, which you should, you should try to learn as much about it as possible, but then in the end you are not going to end up with anything serious and will end up with a trouble in the long run if you keep ignoring the experience part.

No matter how much you study and learn, without actually "doing" the trading part, you will not be profiting, first you need to learn and then you need to trade and experience part also comes with the losses, you lose and you learn and then you end up with something much better and avoid that mistake in the long run, that's at least the best way I can put it.

It's like a child who has to learn to crawl or walk gradually. If you want to become an investor, That's what you have to do by starting with a small amount or seeking knowledge and information from this forum, One of which is to continue to make you smart in making the right decisions. Everyone can make profits in the future with the analysis or opportunities that they get slowly.

Agree. Newbies must focus on learning first, don't hurry to think about big profits. If a newbie just focuses on profits, he probably ends up with huge losses because trading carelessly. It is true that there are many traders who lose big money because they don't have enough knowledge but they are greedy to make big profits. Sure, trading needs a proper strategy, it requires the deep understanding about crypto market, too.

Nobody does a business with expectations of making loss even when knowing that there are losses and this is also same case with trading as most traders despite also know the risk involved in trade, would never assume they might make loss rather the mind of the trader is ready focused on making profits and that no matter how much loss they make, they're expected to go home with profit and that's fine as human to have such mind set.

My advise to traders just as most people have already said, just do first things first and let time take it's course Andi will always advise that they should invest in getting more of the knowledge rather than making short time profits. It is true that it's even more sweet that you're making profits while learning and that will require you get a mentor so rather than learning more often with virtual currency, one can practice more with real money account and make some profits when while learning after all the sole aim of trading is to make profit.

Initially trading  isn't bad or good I will say it's a complicated on that system of Invertement.
As a newbie you need to under go a training like getting a class for yourself and making more research I guess that will be of a help, you most have something doing before getting your self into trading as a newbie, so as to help add up when you are losing.
I will say again make sure you get to any of the trading class so you can learn how the process works.

for beginners the main thing in learning to trade is to be in a trading environment, so that we can ask a lot of questions about the world of trading. that way we will understand trading strategies more quickly, with lots of experiences experienced by ourselves or sharing stories from other traders. and of course it would be better if someone guides the way we trade before finding our own trading style

       Trading in this industry requires sufficient knowledge and it is not enough that you know how to be careful because capital money depends on it.

    Then if your only mindset is to get rich and earn a lot of money, I think you cannot be here in this world of cryptocurrency, because it is good and good that you are here because you saw the beauty of the concept why it is necessary to use and invest , that's how it should be.

Everyone says that you need experience before doing trading but how anyone can get experience before doing actual trading? As far as my knowledge is concerned we can get necessary experience only by doing trading.
There are a few things that one needs to follow in order to avoid big losses (of course, we can't avoid small losses) like avoid subscribing to trade signaling groups, investing money in coins that are cheap in price etc.

In fact, the answer is quite simple. An experienced serious trader comes to the market to increase his capital, not for entertainment. These are low emotional people. They are ready to wait for a profit for a year, or even three! Showing incredible self-control. The second type: people who put up a deal, and look at the price every hour. And when they get bored, they start moving the buy or sell levels, destroying their initial strategy. As a rule, these are beginners.

Experienced traders have already controlled their emotions.

They will no longer be affected by the situation of the market and they are clear with their intentions and that is to win trades, no matter what the market situation is.

No one and nothing is going to trigger them unless they allow those triggering factors to make their emotions be moved.

Trading involves more than just making predictions about whether the market will rise or fall; it also requires knowledge and experience in order to execute trades. Many people take on significant financial risk in order to be in a strong position and ensure that their asset investment will not be lost. One of the main reasons why people get a hugely large return is the flexibility of the leverage or risk management, which enables users or traders to lend some money for their position. Having a sincere intention, urge to learn, and desire to make money with trading is therefore essential.

It depends on what kind of trader you are because there are people who do really prefer on seeing profits on shortest time as possible but of course it isnt something that simple that someone could easily deal with.

Most of the time. who doesnt really like on seeing profits on shortest time as possible? Of course you would really be ending up on being impulsive specially when you are checking out the market condition everynow
and then which this one really makes someone do become impulsive and making up decisions which arent really that sensible at all.

Trading is risk and if you wont really be that conscious on what you are doing  then you would definitely experiencing lots of mistakes and errors.

I think the words Experienced Trader and Quick Profit are incompatible. Only if he is lucky, but according to probability theory, then he is unlikely to see much profit in the near future, because one profitable situation will become less.
And I think that all trading on the market is a series of such Profitable Situations. Both in principle and unprofitable situations. And your success is built on the ability to see them and participate/avoid them.

Trading is associated with risks, yet there are traders on the market that are profiting more from the industry. It's imperative to enter a trade with the right entry confirmation or to heed a trading signal that has an accuracy level of 70–80%. The best advice for newcomers is to practice discipline, consistency, and risk control. Because the market has a tendency to screw with our emotions, especially when we are losing trades, individuals should only trade with money they can afford to lose. It will take some time for a novice to become proficient in the market, but if they exchanged reliable coins, reaping the rewards wouldn't be too challenging since gains more than offset losses. For example, when I was a beginner, I studied diligently in order to grasp the entire trendlines strategy, which has been the major guardian for me. Trust me when I say, I don't regret anything because I've mastered the trading strategy. However, newbies should implement more trading strategies and apply the one that works for him or her.

Totally agree, a newbie must learn first before trading, and it would be good if he learned to understand the market, there are specialized books that teach that even before learning technical analysis, in which I always recommend reading Wyckoff's books, Livermore, Warren Buffet who are very well known authors and who leave their thoughts in their books.

These authors clearly have many books, I recommend reading all the ones they have published, it doesn't matter how old the books are, the strategies are the same for those times as they are now, because obviously they don't change, some may say yes, but no .

They're stages to everything in life, in as much as you're determined to get to a certain height, it's very possible if you're focussed on it and try to learn this stages not jump into any one.
Also, you need to work on your personality as well, they're things that are not permitted of a trader, you're not to be in a rush to make money, trading isn't a get quick scheme, it has processes.

Trading requires holistic knowledge. A trader needs to acquire knowledge on various subjects. Along with trading knowledge, there should be various news of global business, politics and economy. When a trader is able to acquire good knowledge in the mentioned subjects then he can become proficient in trading. There is no end to knowing. Traders must constantly be up-to-date on everything.

Trading is always risky in all types of trading, but cryptocurrency trading in particular is extremely risky.  So, if you don't have the basic knowledge at the beginning, you will face losses while trading. So in the newbie condition, there will be a suggestion not to go into trading with any big investment, because sometimes the volatile market faces danger. And my suggestion for you in the beginning start with bitcoin it will be most safest and secure investment source for newbies. And always remember in mind that invest as much as you can afford to loose.

,
All traders become gurus during bull runs because they are new, and most of them haven't experienced what it's like to be a trader during bear markets, which is why some of them fail in trading. Quick money can be made during bull runs, but only degen stay through hard times, which is what makes some traders benefit in all market conditions.
As a newbie, my advise is to always do things your own way, not to rely on other people's opinions before making a choice, and to be willing to give it everything because becoming a professional trader takes time.

Risk, in general, extends beyond trading and includes all aspects of life. Traveling by land, sea, rail, or air entails a significant risk in and of itself, but for the purposes of this discussion, let's only focus on trading. Trading is a wealthy industry, but it's also quite risky. The main problem with trading is that many would-be traders prefer to focus on the rush of making quick money without putting in the effort to develop the necessary abilities. It's understandable that even experienced traders occasionally experience losses, but what matters in this situation is the capacity to record more profits than losses. Everyone unprepared to be a trader is afraid of seeing red in their trade history.

You always need to delve into the details and find out exactly what risk you will have, and what profit you will get with a good outcome. We take a lot of risks in life, and even more in the crypto currency market. The main thing is to have a cool head and be able to fix profits on time. It is not necessary that a huge part of the transactions be profitable. 60% is enough.

When we do involved with trading then consider the ff;

1. Emotion handling
2. Risk or Fund management

If you are really that having these major key areas on which you should really need up to enhance or having that good control then you do at least somehow
do able to handle yourself with this unpredictable market. When you are just tending to dive in with this unpredictable market then making yourself
aware at least on what are the basic or casual things that you would encounter and it is really just right that you should adjust with it.

For new traders, it's important to learn the basics of trading through books, online tutorials, and seminars. Don't invest all your savings at once, start small and gradually increase investments. Develop a trading plan based on goals, risk tolerance, and strategy, and stick to it. Utilize demo accounts to practice and test strategies. Manage risk with stop-loss orders and portfolio diversification, avoiding excessive leverage. Remember, trading is not a get-rich-quick scheme and success takes time, effort, and discipline. Learn from mistakes and stay patient.

I see this, especially young people who feel like they want to get rich quick, they are eager to get into the world of trading, I often notice that around me.
My advice to the most important beginners is the right mentality and maintaining a good mental scale, if you look at my experience when in the trading zone, ambition and regret exist almost every day because buying and selling decisions are not based on correct analysis and too much panic in make trading decisions.
What beginners usually do is they are greedy with small capital but want to make a lot of profit with several trades, while the daily market sometimes doesn't move far and again they always listen to influencers who talk without reviewing what is conveyed and comparing it with the data we have. get from the results of our analysis.
Profit management and loss management must also be determined so that they are healthy in trading and the point is that you don't have to take a lot of profit from trading, just a little but you have to do it consistently.

When you do  find yourself on trading then you shouldnt really be that confident that you could really be ending up on being profitable just because this is what you do have in mind which is really that very wrong.Sooner or later you would really be that realizing that this is something that very hard to be done and you should really be that conscious on what you are doing because this would really be resulting into lots of errors and mistakes if you arent really that minding that much on how to do it well.This isnt something that could really be easily be bared up by someone.
It does takes time and lots of efforts if we do speak about on being successful.

In most cases, trading with demo accounts seems deceitful because most times people trade on demo accounts recklessly with the consciousness of having nothing to loss and after few practices with successful trades on demo account, they tend to jump straight to trading in a real account and end up blowing their accounts and that is why I don't encourage people relating demo accounts to real accounts.

One thing people have to learn and take into consideration is risk management because it seems one of the major reason why people blow their trading account is poor risk management  and people really have to learn how to use the Take Profit (TP) and Stop Loss (SL) feature as this is one way to minimize loss.

A demo account is generally a separate issue, the benefits of using them are very doubtful. I doubted the usefulness of demo accounts long before I learned about trading, when I had a chance to try to bet on a demo account. The demo account does not give you the feeling of contact with real money, it is an irresponsible game where we can not lose anything, which means we cannot get real experience there. Trading with a demo account is also the same, it's just a game that doesn't teach us much.

Well, trading is no longer as difficult as it was in the beginning. Now many exchanges have copy trading and bot trading features where even inexperienced people can earn good profits from trading.


The difference between a demo account and a real account is that you have to be very careful when trading in a real account.In a real account, if your trade goes wrong, it can cost you a lot۔
A real account should always be traded with small capital and with small trades۔And the perfect time should be selected while entering.
The benefit of the demo account experience is knowing where to enter and where to exit

Because the other newbies who enter the cryptocurrency business in terms of trading, most of them are just carried away by the hype because they are shown the money they supposedly earned from trading. But they were not told how and what strategy was done before getting the income here. Because they didn't think that it takes time, time and self-study to understand what crypto
trading is in this industry.

Life in itself is risky and so everything in it should be as well. Even the get rich quick scheme is risky because, how sure are you to know that the deal that would double your money in 24hours is genuine??

Well, If you're venturing into anything, especially something that you'll that gives value, it's always good to invest your time and probably money to get adequate and useful knowledge from it, generate your strategy too from experience and knowledge acquired.

Forex Trading is risky, everyone who intend to start trading of any type should be aware of the risks surrounding the financial markets.

At Prop Trading Pros we review prop firms and discuss how to get funded account to trade crypto or any other financial instrument of  choice. Follow us to learn more

No matter what kind of trading, there is a risk attached to it, there can't be any when money is included in it. That's why the need for trading is that you know something about it, you can't just be persuaded by anyone, you really must know about trading Forex or Crypto.

Because if you only base what you earn from trading on luck, you cannot be called a trader, because for sure you will only use wasted capital here.

This is the first reason people lose in trading because they think that trading will make them big very quickly. But when it comes to being big, shortcuts usually don't work very well. Before engaging in trading, we must forget that we become big men by trading. We can consider trading as a means of part-time income. Where trading is done by understanding the market for a short time of the day. We have to avoid greed in trading. Because the possibility of losing money is more if you get greedy. Try to earn some amount of money by using certain amount of money every day. We have to be careful not to set our expectations too high in trading.

In every action there will be a risk, including in a trade. In fact, we shouldn't be too ambitious about something we just know, and most of these cases occur when someone sees someone else's success that looks easy in that field. If we pay attention, trading is indeed an activity that doesn't drain energy and people see this as an extraordinary opportunity and think that this is an easy job so they have excessive assumptions. Most of this will happen to them rookies. Back again that any field that is occupied by a person must have its own level of risk and I hope that anyone does not have too high expectations if they do not know all the risks, look for lessons related to the field you will be in. from a professional mentor and don't overdo it.

What you say, indeed above the line, sometimes those involved in crypto trading do not understand and learn the risks of trading, many of them think trading is easy, make money fast, the fact is that all is far from expectations.


My advice, it's okay to be involved in crypto trading, but study well, understand well and study the risks of trading, don't be rash, consider the type of crypto you want to trade, so that you can at least overcome the risk a little and be able to earn well. Furthermore, understand the crypto market well and be well informed about everything related to trading.

You are right,  people who just come to know about trading they think Trading is very easy.  like I could remember when I first came across cryptocurrency trading I was thinking it is something that is just easy to make money from, I have no knowledge about cryptocurrency trading and then if I had money, I would have put in my money in Trading thinking that I can make profit easily, this was the mindset I have then as a beginner. Beginners always think trading is very easy like the way they imagine it.

I think trading is a skill which people are suppose to learn before putting their money in it. there is no free money in Trading one must have knowledge first before making profit.

Do not trade until you become ready to trade not just in terms of knowledge and skills, but also in terms of your finances as taking a loan is never advisable especially if you are a beginner trader. And never trade because you believe that it’s a shortcut to make you rich, but only decide to trade because you are confident as a trader and you have high faith in yourself because of the acquired sufficient knowledge and developed good strategies that will be useful in trading successfully.

This is where demo trade would really be that relevant on which if you do tend to touch up this  crypto space then it would really be just that normal that you should really be needing to know about the basics or on how

things should really be handled out via learning on what are those things that are needed to be learned about because if you do make out directly those trades without having that enough preparation then you would
definitely be finding yourself on doing gambling simply because you dont really know on what you are doing which is something that you should really be trying out to avoid.
Trading is risky because we are dealing on a market which is really that entirely that volatile and something that cant really be that that easily predicted or make money.

If you wont really be making yourself that conscious then you would definitely be able to commit out mistakes which you would really be going into a path which it isnt really that supposed to be that this way.

Although trading has its risks just like every other Investment, the risk is greater when the trader doesn't have a good idea about what. They could just be mixing things up and losing money, but if one is more skilled in trading, it will reduce the risk of frequently losing money.

Whoever thinks that trading is based on luck is only mistaking it for gambling; in gambling, people talk about luck all the time, but in trading, we talk about skill.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Talking about advice, then I think that one of the most important things in trading is knowledge about trading itself. increase literacy regarding what will be traded, product developments, chart analysis, and others. This is a point that needs to be considered in trading. it is very true that trading is the right way to increase the assets we have, but without knowledge, it can backfire, what you wanted to increase the value of the assets you have actually decreases in a very short time. this is what makes trading risky.

Demo accounts are good for practising prior to jumping into actual trading. To me Demo Accounts are like swimming pools and actual trading with money is sea, you can learn swimming in pool but your actual test is when you jump into real water aka sea. To avod losses in trading its best to practise in demo accounts and jump into real trading with small cash. We can mix both these strategies to avoid initial losses in trading. The real test no doubt comes with actual trading and with actual money.

There are many places where we can study before trading, learning to use a demo account is pretty good, learning to understand a lot of theory and so on, but the reality is trading is still risky even though we have learned a lot before because risking the money we have will become turmoil within ourselves and can result in unwanted things.
I have learned a lot about trading but I think the most valuable lesson is experience, because it is experience that can control ourselves in the situations we have been through so we don't do the wrong thing.

Yes, I agree with what you explained, so don't have high expectations because it will be different,
real trading is much more complicated,
demo account is just to get to know the existing features.

In my opinion, for those who already know how to place buy and sell orders, stop loss, etc., basic trading steps, there is no need to use a demo account. Remember that emotions will largely determine our outcome in trading, so I would bet anyone, just because they are confident in demo trading, doesn't mean they will stay mentally and emotionally that when using a real account. Even if they consider themselves experts when using a demo account, they will still be newbies if they switch to a real account. Because between losing real money and fake money will lead to different feelings and thoughts, which in turn lead to different decisions.
If a newbie wants to start trading, use a real account with a minimum amount for the best real experience instead of living in a simulator.

Yes, that's right, I really agree with you. A demo account is important but only for those who are very beginners who don't know anything about the world of trading and how to do it, therefore the company provides an opportunity for them to learn everything on a demo account. If basically someone already knows about the main points in the world of trading I think they really should jump into a real account, because it's useless if they continue to stay on a demo account they won't get real experience. A demo account and a real account will indeed be very different, but what makes it different is a person's point of view when starting trading, which requires sufficient mental and psychology when they want to start on a real account. In contrast to the demo account, in every trade on the demo account they don't really need to be mental because this is only a training account where they will not lose if they lose.

If I remember it correctly there's already some games where focuses on how trading works so it could be same to the real thing. From that you could start practicing and be familiar to it as you study how trading works since you can't rely on doing trading by just playing some simple games. You'd still have to do your own research especially there are different exchanges for you to use in this industry. And I'm with you, if you're really into trading it should be the real thing so you could really master it early. They could start at a small amount first by that they could gather experience. It will enhance their mental thinking as well their decision making since there's already money at stake. Demo/games still you will be engaging into the real thing so take the risk with proper knowledge and persistent.

Well everything in this life is all about taking risk,and believe me if you don't lose your money while trading then you won't get better ask all those making millions although they do make some loss but they make profit More than loss and they've once lose all or most of their money invested into trading . Besides when you lose money for the first time, then it will tell whether you will continue or back out,that crucial moment is the moment you real interest will be decided. So in conclusion, trading is risky but you can make it more  profitable than the risk

Remember that trading is not a surefire way to fast success or fortune. It takes commitment, ongoing learning, and a disciplined approach. You can boost your chances of success in trading by starting with prudence, applying risk management measures, and gradually expanding your abilities and expertise.

If you are a good trader then have some possible rich in the future. Besides if you have no skills about trade then you can get poor health. So be alert you should join many group and Learn about trade then you will get expect trader. However depend on your target because we can't help for growth trader without your trying.

Without taking risk one cannot understand well about any business and understanding is most important thing for success. We always learn from mistakes but some people think that once they face failure they will never win again and this is totally wrong concept..

I will suggest that just focus on learning first because neither you are going anywhere nor your profit which is yours so just try to get knowledge about each and everything related to selected business.

Remember that once you have complete idea about business then you can easily earn money but if you don't have any idea then there will be something hard for you to earn money at start. Try to find your goals then work for it then you will easily what you want and will never blame any other person as acceptance of Fault and mistakes are also steps towards success.

Read, learn and apply, these steps have helped me alot from struggling areas in trading. I'm exceedingly cautious when working with the market because it's volatile and things don't always go as planned. Making certain that I thoroughly read crypto-related pdfs in order to grasp the vital knowledge that has emerged around the space. When you're on the correct track, you can expect benefits from the market. Trading is dangerous, so we need take precautions when trading. I wouldn't want to record losses because it would be one step closer to liquidating my accounts.

Even many people support and encourage newbies to use the demo account to learn technical analysis and use it for a long time. That will really lead to a bad outcome as it will create a bad habit for a trader.

To be honest, I fell into that bad situation when trading forex, I started with a demo account, and after months of practice, I gained knowledge and achieved good results. But when I started using my real account with my real money, it was almost impossible for me to apply what I did with the demo account because my emotions changed. I am completely lost and disoriented, it can be said that I am still a newbie when I started using a real account.

Things like that must be realized because in trading having knowledge and skills is so important,
we can't ignore it and at the time of making a decision when we don't have anything then it will make us make the wrong decision,
keep trying and learning because it will help in understanding trading.

Whether it's a demo trade or real trade, I think it's better to be humble and don't expect too much because there are still no guarantees here in crypto trading. Doing so, will let you move on easily in case you will lose and you will not be disappointed by your trading performances so can always try again. When we use demo trade, maybe we need to be realistic, I mean just use the amount that you will usually use when you trade for real and then you need to be serious about it, that way, there will be no real difference between a demo trade and a real trade.

Demo trading is mainly used to practice trading but it will still help you familiarize to the features of the trading platform that you will be using however, without using demo trade, it is still possible to learn or know the features of a trading platform by simply looking at them and reading their instructions.

Once upon a time, I also created a demo account for myself on Forex, the experience I got was similar to yours. I can say that trading on demo accounts is practically a useless thing. The only thing it's good for is to figure out how to manage the available tools, and for everything else it's useless. With real money, the responsibility is completely different and, accordingly, the emotions are also completely different.

Trading is risky but what is not risky that is worthy of our time? Or is it a worthy way to generate revenue? I believe almost everything is risky in that sense. So the risk is there but it can be taken care of with the right approach, and that is just what I prefer to do. I usually prefer Forex trading, and that with brokers like FXOpulence (http://"https://www.fxopulence.com/"), where there is a lot of ease and comfort. Ultimately, these are the kind of things that makes for a better journey.

l think trading is not too easy matter. It is too much difficult to profit from here. To be a good trader you have to gather huge knowledge about cryptocurrency market. Without proper knowledge anyone cannot profit from trading. So at first you have to learn more then start trading. If some times you will be profited by chance but it will never sustainable. Finally you will be losser.

So my advice at First you need to study about crypto. And when you will get time you will xome in Bitcointalk.org i think as a newbie you will learn huge information about cryptocurrency.

Learn.
Take time and learn. Learning never stops, so even when you have learned and understood how trading works, you can still learn by gaining experience. Not everything will be taught to you when you're learning. Trading is something you learn on the job, it's a practical thing, and you'll only get better as you go.

Before you can succeed in anything, you have to develop a liking for that thing first. Trading is no different. If you don't like trading but want to trade because others are making money from it, you will most likely lose money to it. I believe this because when you don't like trading you'll find it hard to learn new things and keep up with the market.

And dont rush up yourself on learning everything in short period of time because it cant really be just that so simple and something that you could really be able to handle it out because if you do have
that kind of mindset on which you do take on it so easily and rushing up things then you would be missing out lots of points and things which you shouldnt really be skipping into.
Trading is risky and its never been that simple and you would be able to realize these things on the time that you would be stepping your foot into this market. Most likely people would really be having realizations on the time that they would be losing money which they should have able to avoid it on earlier if they are really just that sensible on their actions but since we are still a noob'
which it would be most likely that we are really that hard headed and would really go on things which we do really have in mind and would really be sticking into it.

I am always surprised when I see gamblers always over prepared to learn how to trade because they think that they can start making profits from the market as soon as possible. It is not easy to make profits from trading that is why we do see other traders coming back to aks for where they can get sure signals they can use to trade the market and make money for themselves. Trading is very difficult and we should not expected to start tarding today and tomorrow we are going to start making profits. Everything is gradually not to be in a rush.

When I started hearing of trading I even thought that is something someone can go into and start making money but I never knew that have implications and binding law which you most follow before you can make a profit, actually we can say that trading is risk and if you have not study well and understand it you will not know the genesis of the trading, all investment is a risk taker because they may come with profit now and tomorrow they go

I think trading is how we communicate with the market. so we ourselves can lead us to a success. this is not a bad thing for the signal provider. they are also good at presenting signals. but if we ask ourselves, will we always depend on signals, and if those signals are no longer relevant, will we become signal hunters.... therefore using our own strengths to learn and process I think it will be wiser, so that later we can be independent and manage ourselves, until finally it is hoped that trading can become our main income

Trading is one of the smart businesses. But to run this business a person must have a good knowledge about trading. Many of us imagine this as an easy way to make money but in reality there are many complexities involved. As a skilled trader can easily earn a lot of money from here, a trader who does not have enough trading knowledge he can loss his assets. Those who spend a long time in trading and gain knowledge can be successful in trading business.

In order to change the result, you first need to change something in yourself, in the case of trading, this will be knowledge and experience gained. Therefore, on the one hand, it is difficult to expect changes if we do everything the old way, but on the other hand, active traders may have a chance, if as a result of trading we get some understanding of our actions and mistakes, due to which we lose money.

It seems cryptocurrency is the first  thing that comes to mind when people talk about trading and trading have several  assets which cryptocurrencies is one of them and people shouldn't always confuse cryptocurrency  with trading in  general and just as I've said, trading is risky and nothing is guaranteed in trading.

Trading  cab be an easy way to make money but having the proper knowledge  of pairs will save one from so many unnecessary  losses and as such I will advice people to get grounded in the knowledge and do more of demo trading before jumping into real funds trading and as well work on their greed level and the rest.

The goals in a trade will greatly affect the course of trading and one is required to be able to develop knowledge about market situations that will continue to change. The more strategies we master, the less likely we are to suffer losses and of course we also have to be able to place strategies according to market conditions. Change will come when a person continues to learn to improve his knowledge, takes previous loss experiences as a reference and tries his best to minimize the level of these losses.

On the contrary, I see that most mistakes occur when a person is no longer able to regulate himself psychologically, experiencing losses is natural because it is common in every trade if someone suffers a loss. Don't let this get us down and forget the targets we have set, such as stop loss and take profit. Most of them, including me, always fail when in this condition and always end up with a margin call, because maybe they don't have the mentality to accept all the consequences.

You have said it very well. Whether it is trading, business, or both, risks are present everywhere. Whether it is from an economic point of view, fluctuations in the market, etc., you will either make a profit or suffer a loss. Now it depends on you how much knowledge you have about this trading or business, and secondly, how much analytical ability or experience you have to tackle the existing situation. So, it is better to never make emotional decisions based on current trends; instead, look around and do thorough research about them, and if you notice any change, change your strategy. An intelligent professional should have disciplined and stable trading to avoid losses.

Yep, there's only two possible outcomes which is to make profits or to lose money which it would really be just that normal on the time that you would really be making out some investment or engaging  yourself on
those things which could bring out some income. Its true that there are really other methods and ways but applying it out and dealing with this wouldnt really be that so simple. On the time that you would considering
on taking such step into trading world then prepare yourself on something that would really be that unpredictable on any market + having that extreme volatile prices on which handling yourself on making positions
would really be a huge challenge and not something that you could be able to handle so easily.It would surely takes time and lots of effort to be made for you to be able to handle out yourself on this market.
Never ever make yourself in a rush because this is usually people do commit out lots of errors and mistakes on which it would really be just right that you should take it slowly but surely.

Most of the newbies always think about how they can get rich quick. They think that trading will bring them quick profit in a short period of time but they have no idea about this. Basically, if an investor trades without understanding, then he can surely fall into huge losses. People who don't know much about trading must take good advice first. If there is no general education about trading then it will definitely be risky for him. So those who are new to trading and want to earn money should understand the various tips and then jump into trading. Gaining good knowledge about trading skills and later trading with the advice of a wise person will definitely make profit.

The most important thing in trading is knowledge as long as it is enough for us to get income from it, because if we lack knowledge it will be difficult for us to get income from it for sure. It is difficult to venture into guesswork in trading.
In addition to that, we must also know how to use tools here such as reading candlesticks, indicators and other tools for conducting trading activity. Because just a little mistake, our assets here can be lost or disappear immediately.

              I think risks are present everywhere, whether it be in trade, business, or both of them. You will either make a profit or sustain a loss, irrespective of the economic situation, fluctuations in the market, etc. It ultimately depends on you to what extent you are knowledgeable about this trading or business, and to what extent you have the analytical skills or expertise necessary to deal with the current circumstance.
              Therefore, it is best to avoid making emotional decisions based on current trends. Instead, you should look around, do a thorough investigation, and, if you observe any changes, alter your plan. To prevent losses, intelligent professionals should trade with discipline and stability.

It’s essential one to learn trading before investing the money into the trading.People with less knowledge on trading will do random investing and loss their money in trading.Many panic traders had left the trading business because of random investment and loss due to that investment.Instead give some time to learn trading and analysis the trading strategies and fundamentals.Then inverse in the trading and earn good profit from it.The random investment in both stock and crypto currency trading is never recommended one.

Sometimes there are still many people who think they can trade without having to study first,
we know that crypto is a risky place and a little mistake will make you lose money,
crypto trading is so complicated that when we don't have any knowledge about trading it is difficult to survive.

They should, they really need to really study and analyze everything before investing and entering the world of trading. we know that the alert level of ordinary people sometimes decreases when they see the results obtained by other people. they sometimes rush to get the same result. in the end they choose trading investments at random and then find a big risk in it.
Even professional traders need to do research and analysis before making decisions because of the risks involved in trading. however, sometimes very many people lower their alert level in the rush to get results.

Well, sorry to say, but I think crypto trading isn't specially difficult or complicated as you say or think, crypto trading is just the same way as trading Forex, trading the stock market and so on, I personally even think that crypto trading is a bit more easier to follow an understand compared to Forex and stock.

Why it seems crypto trading is more risky than those other two is probably because crypto assets are more volatile and experience more prices swings than the rest of other asset market.

That's what kills some people they invest in what they don't know and at the end of the day the risk increases, going to exchanges to buy is the easiest, and after the action within them they are already a trader not having a target, or goal to meet up with. While risk management is one of the best ways to focus on, avoid using all of your money to trade or engage in revenge trading because if you do, you're already using your own hands to dig your own grave. The best thing I always recommend even if you want to trade is to always seek knowledge. People with knowledge are losing money, but they tend to talk more about people who have no knowledge at all. You can make money from trading and you can also lose all of your money.

Right now, the world is evolving and technologies are advancing and I'm sure this is also applicable to trading because currently now, there is a feature which allows people to copy trades from other traders without having to be bothered about charts and proce movements and I believe with this very feature trades don't need to wait till they have all the knowledge  on earth before earning and profiting from trading  because this features lows people to earn why they learn and with that alone, one will always stay motivated to learn the trading and do the trading themselves without having to pay commissions to the trader they're copying from.

Life is a risk in general and trading is a profitable  risk worth taking just that it should be done wisely.

Basically the most important thing is knowledge, before doing anything there must be prior knowledge and understanding of risks and possibilities, it helps a little to minimize risks in trading.
every trade certainly has risks, especially in crypto trading which has fairly fast price movements, but each risk will be proportional to the possible profits you get.
And the most difficult thing is controlling oneself from greed, many new traders are destroyed because of greed on him.

Trading has it own risk and we can also have our own decision to choose on wether to go for the risk in it highest level or remain low with the strategy we could wanted to use, knowing that you could also make some trading that will landed you at loosing your entire investment at once if the trade doesn't work out as planned while you could also engage on same trade but never loose your entire investment but part of it, may people have also gained alot using various trading strategies to make their daily income and profits.

New traders should approach trading with caution and realistic expectations. They should educate themselves about trading strategies, risk management, and market analysis. I think practicing with a demo account, managing risk, and starting small are important steps. Emotion control, continuous learning, and seeking mentorship or joining trading communities are really beneficial. Always be prepared for losses and using them as learning opportunities is crucial.

I have to be honest and say that you have a very limited viewpoint. You need more than discipline and strategy to succeed in trading. This warfare is so harsh that only the strongest will survive. Don't put too much stock in what I say; I have a reputation for being jaded and critical. To be successful in trading, you need to take into account a wide range of variables, including economic and market trends, investor emotions, political and technical shifts, and technological innovation.

A haphazard investment isn't always a bad one in my book. A positive trend may be picked up by this method when'strategic' investors fail to notice it. Successful traders recognise that the market is a wild animal that can't always be predicted.

But try not to lose hope. Mastering trading requires a commitment to lifelong learning, flexibility, and, yes, risk-taking. Prepare yourself for the challenges, and perhaps the rewards, of a career in international trade.

You have made a very good point that knowledge and experience are very important before investing in the cryptocurrency market.Trading in the cryptocurrency market is a very risky investment,where you can get a very good profit but your capital can also be lost.Therefore trading in the cryptocurrency market without experience will put you at a disadvantage.The cryptocurrency market is a very volatile market.Here at any time the market can go up and at any time the market can go down.Therefore, one should never trade without experience, information and analysis.Before entering any business it is necessary to have experience in that business.There are many platforms for new people to learn. Where they can get good material related to trading

That's one of the mistakes that we often see and trading will not guarantee someone to get rich quickly. I believe trade can bring someone to the stage of financial freedom, but if done correctly and know the trading strategy well.

The key to success in trading is knowledge and strategy, this is a need to reach the stage of financial freedom, while experience can be done by utilizing small amounts for mental readiness in trading because without trading knowledge it is not the right step to take. When you are directly involved in trading and have knowledge, it will be easy to determine a strategy that is suitable for trading.

Demo account is only good for learning, it wont give you practical experience of trading with real money. Its better to get some experience through real account by putting small cash into it. There are many things which we all must be aware of before getting involve in crypto trading one is that huge profits in crypto comes at cost of taking risk. The crypto investment is not only about getting profit but also to bear losses. There are many failures in journey of a successful trader, so we need to be prepared about that also.

It's not really like nothing is guaranteed; I know that trading is not as bad as gambling, where you are Only dependent upon luck, but for trading, be it crypto, Forex, stock, etc., you don't just enter the market so un-skillfully and expect that you will be lucky because there is a high chance that you will get disappointed several times, even worse than someone who had the Trading skill. A skilled trader will sure make a profit and also know how to minimise losses for more profit.

Trading is not a very easy way to make money, though, even with the skill; otherwise, a lot of people would have been venturing into it. Some people really think that traders are making a huge profit rather than a huge loss, but after they have gotten into it, they will realise that even some days of your trade will be very bad with a huge loss, despite any trading knowledge gained.



Cheers 🥂, Dr.Bitcoin_Strange 👺👺

All kinds of investment there's a risk especially in trading because it's higher risk than investing. According to research 90% of traders are not profitable, in fact they lose money. I agree what you've said that there's no earning without risk and because we know that most of the traders are losers we have to find a way to minimize the risks in trading. The best thing to do is to find a strategy that works for you, enhanced your psychology, and don't forget the risk management. Just stick to your plan, avoid FOMO, don't let your emotions control you, and you will have a higher chance to be profitable in the future.

The most important thing when trading is to trade carefully. Trading is risky enough. So we should take adequate precautions. Trade carefully by doing adequate research and adequate security checks on the platform you trade on. There are risks in every trading. However, if you are careful and do your own research, trade in the right place, this risk is greatly reduced.

Trading is not money making machine where you getting only profit without risk. I think it's their non sense thinking they will get quick rick in trading,
It's really difficult business when you will start live trading but its also lucrative who are experienced and they know that how to control their money management in trading.

for beginners, it is better to have a personal mentor, maybe it will be faster to understand it, and then you can combine it as you wish, of course, every beginner will start with trial trading, so that in the future they will have their own trading system that is comfortable for them, or imitate other people's trading systems the important thing is that it is comfortable to do, because basically we are trading, namely to get consistent profits and be able to trade in a healthy manner

trading is not just risky trading is hard, i see a lot of trading courses out there and probably some influencers ripping off some newbies with huge amount of money for mentorship or some trading course, after than you just jump to the chart, place a trade and boom it goes against you big time and you start to question your strategy then you will understand the psychology that trading is not that simple.

I will agree with you that many people consider trading as an easy money earning scheme. But in reality there is no way to call trading is easy. A trader must acquire proper knowledge in order to trade. Some people fail in trading even after acquiring various knowledge about trading for a long period of time. There are also many who start trading without any knowledge and at some point lose their invested money and become bankrupt. So at the beginning of trading a trader must acquire various knowledge otherwise the chances of losing are vey high.

i an not in the favor of paying big just for basic trading course. You fill find lots of free course in Youtube. Basic learning is enough to start trading and then its totally on you how you start and how much you learn from your real trading. The real earning will start when you entered in the trading practically and then you will know, trading is not complicated task.

If you are inexperienced, everything in the crypto market will seem risky to you. But when you get older in the crypto market, you will appreciate first hand trading more. Actually trading will give you daily profit but investing will give you profit for a fixed period of time. Moreover, investing will help you a lot to become suddenly rich.

I think even think that the crypto market looks that risky to newbies or people that are new to it because that are always have the eagerness to take risks and learn and invest in the cryptocurrency. The problem is that we don't expect everyone that are new to cryptocurrency to have the patience to learn some important things about the market before investing in it. For those of us that have friends that are already in cryptocurrency and the making good profits from it.

When we even get into cryptocurrency, some of us then have the urge to make money too from it and this alot made some of us to make loses because we were too curious and zealous to make money too from the market. Cryptocurrency testimony can make some newbies to make serious mistakes because they want to start making money too from it.

This is why if we are giving newbies orientation about the cryptocurrency, we should not emphasize more on what they tend to gain from the market because, this alone can make newbies to be more interested in the profit making alone and not interested in learning the actual things that will be an eye opener to there success making money from the market.

Your words are right. If anyone think that trading is a way to become rich so fast then that person must be living in a fool's paradise as he unknown about existence of hidden trouble. Trading is like science, need deep knowledge and skill for that including experience for doing big deals and survive for long in market. Dreaming about being a trader, isn’t bad but need to be learn first. Need to be patient and Should start with low amount and need practice during first stage

My advice for beginners who want to start trading on the crypto market is to only get into coins that are fundamentally strong and still have a growing ecosystem and projects that are still ongoing and continue to have improvements. At least if we trade on coins that have strong fundamentals then when the price goes down we can still hope that the price will go back up. In contrast to coins with weak fundamentals like meme coins which only rely on hype. when we play in coins that are fundamentally weak then when we have already bought above and the price starts to fall. So the potential for a rebound is very small. We tend to have to make choices to make stop losses to minimize losses. And other suggestions, of course you have to be adept at analyzing before starting.

well, actually, trading can make us get profits quickly, it's just that the risks are very big. a lot of people think this is easy, and trade large amounts, on obscure altcoins, and they end up getting risk instead of profit.
However, if you want to trade, try with minimal money and it doesn't affect the life we have when the money runs out. by practicing with minimal money, then you can see how trading works. it's very rare for a person to actually make a profit in a short time, especially if he's just learning how to do it.

Whether you are a noob or a professional on which trading is always been that risky on which it would really be just that normal to have that kind of approach on you should really be that wise when it comes to trading positions and your entries or even with your selling point. Be conscious on things that supposed to be done on doing trading because you cant really just acquire this skill easily and it does really take that some time and would really be needing that lots of trials and errors before you would really be able to make yourself that seeing sustainable. Of course it would really be entirely be depending on your skills and capability because not
all would really be that ending up success into this type of career.

Rushing up yourself on becoming profitable cant really do something good but rather it would really be putting you in harm instead. This is why its really that a bad idea on making yourself
that in a rush because this would really be making out that kind of desperation which would really be resulting on non clear analysis and kind of realization on what are the positions that you should
really be making whether buying or selling.

When it comes to learning phase then it would really be just that a normal approach that you should really be making use of an amount which isnt really that big for you to start with because as a noob then you would really

be that definitely prone to lots of mistakes and errors on which it is really that a common approach.If you are really that mindful about your learning curve then spending small amounts should really be enough or sufficient.
You wont really be on your right mind on using tons of funds or capital when you are just starting up. Trading is risky whether you are a noob or a pro on which it would really be just that right that you should be that meticulous when it comes to your trading deal or something that do talks about this kind of activity. If you wont really be that someone whose conscious on what you are doing then you would definitely be losing
tons of money but well it is really that part of the learning process.

Always having that risks management and this is something that you would really be needing for you to be able to sustain because if not then you would be finding yourself losing tons.

Trading is very easy as people think but actually trading is not that easy. First need to know about cryptocurrency, risk and trading strategy.  Newbies think that trading is very easy to get rich but they don't know that it has high risks.  Before really jumping into the world of trading, it is important to understand risk management and funding first because trading is just as easy to get rich as it is to get poor.Those who are professional in trading always like to take risk because they can recover the risk but beginners cannot recover the risk due to which they face loss very easily.

I'm a newbie  but I have a little experience in trading , trading can be risky but you should risk something to get something in return now it depends on how you want to define your risk  which depends on your greediness  if you are not greedy  you can leverage  and get things set up

While it is true that trading can be risky, it is also a safe haven within the same ecosystem. Different people engage in different types of trading, such as spot trading, which only loses money when the price is falling and necessitates a lot of patience because you only make money when the price is rising, and futures trading, which resembles gambling in that you either make money or lose the money while doing short and long and The problem arises when someone trades futures and the outcome is unfavorable because they will want to engage in revenge trading, which could result in them losing all of their money. This is a very bad habit. And taking  the right steps matters a lot and mostly importantly security and research if left out then the person is already in the danger zone.

The thing that beginners always miss before starting trading is thinking about the risks they face. Sometimes they focus too much on the good side. They are too focused on making big, fast profits. But they slightly ignore the big risks they face. Usually they will come to their senses after they have had a few unprofitable trades. And you are right that risk management must be studied and mastered before we enter into trading. Because without risk management, a person is prone to experiencing much higher losses. And yeah like you said. They will not easily recover the losses they face. In contrast to a reliable trader who trades with a mature strategy and management. which allows them to maintain stability of trading capital such as limiting losses with stop losses and such.

Well, and almost all the beginners who came, mostly the goal is just to make a profit, I will say something that is true to the facts and includes myself, at first I was also tempted to start because I saw the big profits that other people got. However, in my opinion, this is only natural and may have become commonplace in the eyes of other traders. And they will realize it when they experience a loss, but that's good because it will be a reference for them so that something like that doesn't happen again. That's right, basically there are a lot of things that we have to prepare to be able to trade here, as you said in the form of risk management. But in self-control I will emphasize more on them, that they have to train their minds more. As we know trading activity is closely related to psychology and also calm, so you must be able to train yourself to get used to making peace with yourself or existing conditions. Because there are so many cases of losses that occur because they cannot maintain their mental and psychological health, those who have experienced a number of losses in the past then make it difficult for someone to think so it is also difficult to make the right decision. Many then experience MC because of problems like this.

I completely agree with this. It's crucial to bear in mind that trading in cryptocurrency can be quite risky. It's always better to start small and be patient rather than jumping in and trying to make huge profits right away. Instead, it's important to focus on building consistent gains over time. Have a solid risk management plan, and never let your emotions dictate your trades. Staying disciplined, staying informed, and focused on your long-term goals are the key players to a higher success rate in crypto trading.

Beginners who want to get rich should remember that everything is not as simple as it might seem, but nothing is impossible here. First you need to understand whether this is your business and whether you want to do it. Also, don't rush. The best advice I would give is this: take $200 and train with that money in small amounts. Advise, ask, learn everything about trading.
Never use money you can't afford to lose, i.e. don't enter a trade with your last money for life. Have patience. Try to have fun.

Recently, a friend of mine who doesn't trade yet said that if he had money, he would be able to get rich in crypto. I asked him what he meant. The answer was brilliant. He says, I will buy coins that are in the red zone, the price of which has fallen a little, hold them and then when the price rises, I will sell at a high price. In other words, he said, I would buy low and sell high. Brilliant plan) I tried to explain to him that everything is not so simple, but I'm not sure that he understood me

Everything must go through a process, it cannot be done instantly, especially this is a trade that has a very high risk. If trading can make people rich quickly, then we have seen many people who have become rich in a short time now. Professional traders alone still have to develop themselves and are still learning, especially those who are beginners. And I'm sure many of them are also attracted because of advertisements from influencers or content creators on social media, and what they see is where the person (influencer) is when it's profitable. From there they are interested to start trading.

You are right that indeed more traders lose because they cannot control themselves. Well I mean they can't control their emotions in trading. The emotions that must be controlled in trading are the emotions of greed and the emotions of fear. These two things, namely Fear and Greed, must be controlled by traders who want to avoid losses in trading. Ah right, talking about emotions in trading, I think I just remembered that there is indeed a special analysis for this, namely sentimental analysis. I studied it a few months ago and it was quite helpful. But I have not mastered this one analysis. And how to get to know emotions and control emotions in trading can actually be learned through lessons on trading psychology. And there are books on this subject.

But after I also learned about it. Then I realized that the fact is that emotional control will still be more and more mastered when we have more and more experience in trading. The point is that experience can hone the mental resilience of a trader.

So thats why profs use real classic strategies on crypto like BTC and ETH derivatives. There are several strategies and combinations possible with even ZERO RISK. But all these profs came from banks and know how these strategies are working. In crypto 99,9 % never worked with these kind of strategies or had worked at banks.
There is only one company in Dubai offering these kinds of  ZERO RISK derivatives strategies, look at DCIXX-Capital.

It seems to be a common thing now, and maybe most traders including beginners will get information about it and they already know it. Actually all traders will definitely involve themselves in every trade, I mean they will experience some mental and psychological disorders in trading, but it is natural because everyone has lust and also maybe with their greed, always want more than what they get and some do not accept defeat in the previous time. This will make traders become arrogant in trading and I'm sure they will forget all the trading plans they have prepared before. I think mental and psychological is the most important thing to have, because only that will help us to make realistic decisions.
Nowadays, there are a lot of lessons related to how to maintain psychology that they can get, and they can also find some of the right mentors to guide them.

those so called influencers though, honestly just trying to make money off reffs, nothing more its already well known that the main income of these so called influencers aren't from their own trading themselves but through other people's trade where they got commisioned of course they would tell the good thing about trading meanwhile the reality is that trading is really difficult thats why 90% of people give up along the way.
you're literally going against the market giants, like whales, even worse institutional investors that have many edges, and you're armed with nothing but small capital, trying to profit off them which of course might seem good at the beginning due to beginner luck but definitely gonna go downhill ever since if you don't have really good strategy. thats what many ads and influencers always leave out when telling people to invests.

My advice
Tighten your heart and carry your cross its a journey  :o
Get information and training on trading .
Also seek a mentor it help you develop strategies fast
Get ready to lose it must happen  :'(

But talking about influencers I don't know for other areas but in my own area sometimes it is precisely influencers especially in terms of trading also do exist and they besides getting profit from the reffs they take they also take the opportunity from some other things like when we follow the signals they apply or whatever it is.
Indeed, we cannot avoid it because in the end something like this cannot be done by everyone. All know trading but not all can trade and maybe I am also included from not being able to follow trading properly so in this case we must know about our condition whether we are capable or not so as not to force the will that we cannot do.

In trading it have advantages and disadvantages and I believe from my theory that trading have two things which are profit and loss, so it involves risk and its the risky aspect of trading that makes trading because nobody body is allowed to predict the future of the market accurately, that is while so many people or traders who does not know the rudiments of Trading always lose in trading, even professional even undergoes loss in trading, its a risk business but if you are concentrated in trading you will overcome the obstacles of trading when lose want to manifest.

But we wont really be able to know something unless we do try, this is why it wont really be that able to know if we dont engage just because we've seen others had failed down on this matter. Trading is risky and its not for everyone but doesnt mean that you should stop and avoid on learning it just because you are scared for you to be able to experience on the same thing just like on what others been pointing out but in the sense that mistakes and errors are something inevitable then it would really be just that right that you should really be that trying out to be versatile and able to learn up with those mistakes and errors which you might faced along the way. Trading is never been simple and something that could be handled well but doesnt mean its impossible. You should really know on how to balance in between risks and reward and you should be that be wary on whatever actions that you are tending to do basing up with your own common sense and risks handling which it do really differs on each person or people. Just dont make yourself that greedy and really that desperate
then you should really be just fine. Usually people who do have that kind of perception and impression in towards profit making is really that different, there are really just those ones who are really that too impatient.

As small traders, we must know ourselves, who we are, how much capital we have. Just need to go with their flow and don't fight it. If we try to fight we will be carried away and drown. Influencers who have a lot of followers will get a lot of benefits, not only from referrals but they also get paid to promote projects that sponsor them. it will be a double benefit, even being able to trade, buy at a lower price then start doing shillings or big promotions. don't be influenced by influencers, but look and analyze the project.

Psychology in trading is very important to learn. Because sometimes the main enemy in trading is not with fellow traders. But sometimes we fight with ourselves such as with greed and fear. But sometimes greed can also help someone to be braver in taking risks and fear is also sometimes useful in making someone more careful in trading. Basically greed and fear can be friends for traders if controlled properly and used in the right way. And greed and fear can become enemies for traders if the trader cannot control them. So that in the end everything returns to our own psychological management.

Yes, and you are correct that trading in the cryptocurrency market is difficult,  one must first devote time to research and study. You cannot rely on speculation or chance. Because if that's the case, you'll be referred to as a gambler rather than a trader.

And being a trader entails having the capacity to comprehend what is occurring in the market as well as the ability to behave in a manner consistent with one who has a thorough knowledge of trading. This is due to the fact that everyone has a diverse range of opportunities, therefore it takes time to understand it honestly.

Trading isn't difficult, the cryptocurency market among all other financial market is among the easiest to trade. The forex market, stock market and other types of market has more difficulties than the cryptocurency market and that's why we have many individuals coming to the crypto market to try their luck. Some individual traders will profits while others loses but any of them that takes time to learn before starting to trade has a higher chances of winning.

Why trading is looking difficult is because they haven't learnt how to trade, what you don't know will look difficult to you whereas we have professional traders trading effortlessly without any challenges. Anybody interested in trading should make sure they learn before starting.

An experienced trader especially for those who have just come (beginners) will never and should never stop learning, considering that market movements will never stop and there will always be new things that they must master. In starting trading or when you want to start to become a trader, of course there will be time and money that you have to sacrifice, so always take advantage of opportunities, learn the mistakes you previously made because I'm sure you don't want to lose too much money if you can't develop your skills. That's right, you can't trade if you only rely on speculation or some vague rumors, because obviously as you said it's no different from gambling. And here I will also emphasize that you better deepen learning to control yourself, because in mental and psychological trading it is very necessary, you will not be able to get the right decision to trade if your condition is not calm. And also I will say as you said that every trader has their own way of trading, you will not be able to apply other people's ways to achieve your profits.

Trading is kind of science where it could be blessing on your life you have sufficient knowledge as we as ideas for how to apply. Lack of knowledge could be reason of losing everything and trading might be turn into curse in life. Dreaming about being rich is easy but there are a lot of things need to reach there in the whole journey. I advice newbie to learn, practice demo and gain experience, patient, self control by that and then good to go

People using get-rich-quick schemes are often facing losses, this is the case in most cases. Trading is a profitable business, but sometimes it can be quite the opposite, in some cases the loss is more than the profit. Many a time even successful traders get frustrated while trading, as a result they are exposed to a lot of risk. So trading is not always profitable, but sometimes it involves a lot of risk, but mostly new traders face such risk. When newbies start trading, they get very greedy, they think they can get rich easily by trading, but later they lose money and become emotional. That's why caution is most needed for newbies otherwise they will lose money like this, so trade according to good advice before trading. As with any business, foremost understanding and good advice and analysis is required, but caution must always be exercised.

In trading, we should not expect a big profit. Yes, we are here and we can really earn a lot, but there is a basis and a process before that happens. And we must also know ourselves and the type of trader we belong to. Because if we can't identify what type of trader we are, you won't really experience making a lot of money here.

And that also depends on the depth of our understanding of trading. It's like this profession or course, which you can't study because if you don't do that, you won't be able to earn a lot of money here in the long run.

Of course that's true, you should still use the best plan that you think is reasonable to do and one that won't make things go wrong. Well I understand that there are opportunities for big profits in trading, but I wouldn't be too tempted by that statement because obviously in addition to big profits there are also risks that are just as great or even greater than you might think. Why should there be good planning in trading? it's because nothing else can help you from losses except the best planning that you bring such as good self-control, profit is obviously our main goal but on the other hand we also have to think about how to be able to minimize the level of risk that is there, and only with the best planning you can do it.

For the initial stage, I understand that there will definitely be many mistakes you make but that is nothing but a lesson for you to get better in the future. As a trader in my opinion there is no time at all for you to miss time to learn because as we know the market is very volatile and any risk can occur there, especially large losses, and also in my opinion you should not put too much hope there because it will range with the name greed. You just have to keep learning and making consistent profits even if it's small, it doesn't matter rather than always suffering with losses due to greed.

As a trader with some years of experience, the trading industry is not an industry that you come and do anyhow, it is even riskier than you could imagine, if you do not play by the rules, you have included yourself in the category of traders ( 95%) that lose money. Trading is a game of rules that only traders with discipline can be successful. It involves being patient and smart.
If you want to join the 5% that profits there are two rules

1. stick by trading rules such as not being greedy, managing risk by applying proper leverage or proper lot size and using trading stops, wait for confirmation, it is a waiting game so be patient, don't try to outsmart the market, etc.

2. Remember number 1 rules.

I agree with what OP said, people should be careful when they are trading and be free from the mindset of fast profit, just concentrate on knowing how trading works, some people see trading as gambling, they want to get rich with it by all means, I don't think that this stuff works that way, I believe that you have to be conversant with the market before you can call yourself a trader, trading can make you lose everything you have worked for, this ugly situation is very common in greedy traders, they want to strike by all means, even though you have many year's of experience in trading, I believe you don't still know it all, managing your risk very well makes you a good good trader, this will help you to avoid being doomed.

People like that can be said to be lazy people who don't want to go through the basic learning process in the world of cryptocurrency. They think and think that it's that easy to get a profit here. They don't think there is a proper process to get it. And this is a process they don't want to go through because they want to make money.

The more they become aggressive or in a hurry to make money, they are the ones who approach the spear of the arrow so that they can be hit even if the holder of the arrow who will stay with them has not released it. This is the problem with others who are lazy but want to make money. This is the thought of an ignorant person.

I think its more of talent and aptitude, if someone gifted with stable mentality they might excels at their career in trading journey.
meanwhile if someone is not emotionally stable enough they'd just outright throw everything they have thinking they'd made a fortune but we know trading is most often full of manipulation that an ordinary retailer couldn't even dream to contend against.
trading is indeed risky, it could cause massive loss if someone trying to make fortune in this field aren't really talented enough to make analysation, my take is that only trading with sufficient knowledge.
because otherwise there are bigger fish out there that are ready to eat all your capitals.

Some people suffer losses in trading, because they make mistakes due to ignorance of market fluctuations and lack of experience in trading.therefore, only the market or trading cannot be blamed for the loss. Everyone advises people to try to learn first and start trading after gaining a good experience and expertise. Of course, there are risks in trading, but every business involves risks, therefore we should not scare anyone so much that they stop thinking about trading.

it is never possible for you to make only profits and never experience losses. This is the crypto currency market, there are both profits and losses but good traders should always increase their profit margin. So we should encourage people and give them useful information and methods about trading, to increase their interest in trade. If we scare  people with things like risk, ruin, losing everything, then newbies  won't even go near trading instead of getting experience in trading.

Those who have a lot of experience in the field of trading and also have a stable mentality in trading will of course find it easier to analyze market conditions so that they can get the profits they can get from the trades they make. Yes, you are right, it will not be easy to make a profit from the trades we make, it requires a lot of experience and also a strong mentality to be able to trade well because if we can't do it well of course we will lose our money in the trades we make do.

Trade as default is risky, but if you are a trader with enough knowledge and experience those risks can be lessened, those techniques and strategies you know can now be applied to your current trades. To the newbies want to trade, invest in knowledge because this is the key to success in trading, learn different patterns and strategies to make you grab every opportunity in the market.


One of the factor why most of the traders quit because they cant make a risky anymore we know trading is a charge to learn but they can try their trading strategy using the free trades just trying to make a trade with paper money so if they are now confident with their own built strategy they can make another trade to identify if this is work well to them.

Yes, you are right. Every experienced trader still suffers from losing trades and losing some money. Imagine when they are beginners in trading, right? Everyone, even a beginner who spends a lot of time and effort studying things needed in trading, will experience losing trades. This is because it is different in the real scenario; in the live trade, the market itself is unpredictable. Yes,  we can analyse and map our mappings in the chart or pit indicators, but still, we can't precisely and accurately predict the exact price where the price will start to increase, and until what price it will increase, there are still margins of error. In short, trading is a risky thing; it can't be helped if you lose money on it. The thing is, how will you cope and recover from the losses? That's what beginners should know; they need to learn to have a strong heart and strong mind because trading is not for weak-hearted people.

Because basically whether you are experienced or even just a beginner in trading, the chance of loss will still apply to you, there is no statement that says that if you have become a professional then you will not experience losses, it is absolutely not an assumption that you should believe. Losses or loss opportunities are like being a trader's best friend in every session, you will never miss it, because basically every time there is something profitable there will also be a reciprocal, namely the risk of loss.

One of the reasons why we are a beginner who has spent a lot of time learning or even those who are experienced in the field of trading can never completely avoid the level of risk that can occur because yes as you said, market situations can always not be predicted perfectly even though you sacrifice a lot of time to sit in front of the monitor to see the chart that is happening. So trading is indeed an activity that is in fact risky, therefore we as traders are required to have good skills through some learning, prepare the best planning and management according to you, train mentally and psychologically to keep happening in every condition, prepare a budget that you can be responsible for and have full responsibility. None other than that all to be made a counterweight so that you remain safe in your trading session in the midst of the always volatile nature of the market, and with that it will make it easier for you to reach your profit target and also stop loss so that you avoid the name MC.

If you can not tolerate risk, I don't think trading is for you because there is no way you can runaway from risk when you are into trading. The only thing you can do is to learn how to manage your risk and finance during trading. Free trade as you suggest might also help but the problem some of us use to have while using demo account to trade is lack of concentration. We don't pay much attention to trade and risk management when using a demo account since the emotion is minimal because the money is not ours. But the truth is that, one must start from somewhere and you shouldn't allow the risky part of trading to scare you away from it. Learning is what matters and as you progress, you gain more experience.

Those who have experience certainly already have basic trading knowledge in analyzing market conditions so that traders who have this clearly will not easily panic in carrying out their trades in any market conditions. Although in general there is no guarantee of making easy profits when trading, don't feel panicked and afraid to continue trading. I think traders like that will be more patient in seeking profits while recovering their capital which has been reduced through price corrections that often occur in the market.

Learn the basics of technical analysis by watching youtube videos or read books. Begin trading with small amounts of money that you won’t regret losing. This will provide you with valuable experience.
Continue learning as you trade. Don’t overtrade. Follow your rules. Use stoploss. Be disciplined.
I highly recommend the book “Trading in the Zone.”

For those who are new  they maybe consider trading is good business. For some, trading is a simple means through which a person can easily earn money. But the matter is definitely complicated for those who are actually trading. Maybe many have got a good profit by trading in the bullish market due to which he plans to trade with more encouragement. But when the market is bearish, the position of those traders gradually turns into a fragile situation. Many of them then leave the trading world. A new trader must know trading well first. One should have a good idea about how they will survive in adverse conditions. One of the things that works the most among new traders is emotion. If a trader can control his emotions then he can be very profitable in trading. A trader must know some basic things before starting trading.

If the traders are newbies, they made some mistakes in trading as one of them is taking entry at a good point, for example, if the price of the coin is down and the market is in good condition then below the dip the person should buy some, but if he didn't go to buy at that position and when the price of that coin is going up if he buys at that time then it will be loss of his money as due to taking the entry at a bad time which is most common mistakes of the trader. Traders should make their ending point and starting point in a sense I can say that they should know their coin buying points and its selling points as well.
Only in this way they can get to the coin's perspective and they can get what they want also it minimizes the chances of loss in the trader for the trader. Also, he has more knowledge about that coin to control the way of its trading.

A trader's entry and exit can be different from one another but the most basic and commonly used way is to buy at the support and sell at the resistance. If the market condition is good and it is not a bear market and coins breakout the resistance level then the trader can ride the rally. If this is in the middle of a bull run i would suggest that trader book profit in parts.


The only thing that can minimize a trader's loss is money management. Using stop-loss or other methods to minimize the loss might not work for everyone as those tools need to be used correctly. If a trader uses the stop loss at the wrong place token price can hit the stop loss and bounce back. Money management makes trading more efficient.

It is important for everyone who trades to manage their finances well so that they can know when it is a good time to stop and take advantage of the trades they make, because if they cannot do this there is a possibility that we will miss the profits we have made so that we experience losses. And of course they have to understand well what they are doing so they don't make mistakes in implementing the strategies they use and we also have to be careful with market conditions.

such things only happen to novice traders. I am sure that, because those who are experienced they will manage trades with good planning. although not all plans are suitable and provide benefits. but those who are more experienced will be calmer in making plans and they will reduce the risk of loss as much as possible. that's what professional traders do. while for those who are just learning, they seem to be in a hurry in planning and they are even inconsistent with the plans and strategies they use. panic easily and that is what causes them to lose their capital in a short time.

I couldn't agree more. Only traders who knows the market and have been trading for quite a long time can survive the bear market. I mean, anyone can start and enter the trading world when everything is bullish, but only few can stay when the market is bear. And I would like to agree with you that every new trader should understand and be aware that trading is not always as generous as they think. Just like what other people say, "It's not always Christmas". Beginner traders have this mindset that when they enter the trading world, all they're going to do is to generate income and wealth from it. But that was just the surface level because trading is not as easy as what they think. Yes, it’s very risky and having no knowledge about it makes it riskier. So, if you really want to trade, I say that you must understand the risk and equipped yourself with proper knowledge and skills.

People are losing money in trading because of mistakes but the actual reason of their losses are that they don't acquire a knowledge from their blunders but repeat the same things every time. Trading will be profitable for trader if they realize their mistakes and then work to overcome these mistakes in future. If a person learn first and then trade then chances of losing become minimum but their is no possibility that after acknowledgement of everything you will get the reward. Not only newbies but experts also have some defeats because trading involved volatility which is the reason that most prediction of predictors are wrong.

Risk should be managed through strategies and if you want to be able of getting good return in trading then don't be afraid of losing money but learn how to minimize your losses. your will have profit and losses both but try to get the percentage of loss and win if your winning percentage is higher then trading is good for you otherwise trading can become a cause of your failure and your financial status will be effected through it.

I would tell those newbies to take it slow, not rush. Maybe if they think they are been left out, they could try copy-trading as they keep venturing into other acts or if they think they don't like someone trading for them, they can try using Dual Investment. It is a very nice tool, and works like the DCA strategy it is a little bit safer than going all-in trading blindly

Crypto trading or the market are not human's to talk and encourage people to try them so it isn't their fault if a trader will lose their money. Also we are not scaring anyone here. Rather what we do is only giving an extra pre-cautions about how risky trading was. But despite of it, many people are still not afraid to venture it. They can even trade hastily with only less or no knowledge at on all on their heads.

I won't ever encourage someone to do trading because I'm afraid that they will blame me once there is something wrong that happens with them. They can also annoy you and ask you a lot of questions about it. So always think twice guys before doing it.

Crypto trading is not a get-rich-quick scheme. but in the long run, cryptocurrency is the only investment that makes sense because it is very profitable and also full of risks. Their best advice for beginners is to change this mindset first so that beginners know the signs and their goals in trading. Because without a change in mindset, everything will be in vain because you don't have a target and you can't control your emotions well so you quickly panic if something happens in the market.

For those who are beginners, they also need to know basic strategies that can help their investment steps because there will be many changes in the market so that we can understand when the market is bullish or bearish. After learning everything, they will know their own trading skills so they will get consistent profits.

An open mentality is another excellent ingredient to help trading. Getting into the trading mood requires a lot of focus and concentration. There are steps to follow, so if one is missing, there is a serious problem that could cost the trader money. And for people that trade with the mindset of gambling then they are putting their self at risk. Which is the reason some people resort to reverse trading. Training with the right mindset is crucial. Many traders experience problems. The fact that some people benefit from learning things the hard way is one positive thing. They will gain experience there, learn to curb their greed, and always act morally.

People should realize this on which if you do mold up that kind of intent or belief in mind that trading is a quick rich scheme then you would really be ending up on a disaster but well just let those people believe on what they do believe because on the time that you would really be stepping into this market then it would really be that totally a huge mess and you would really be making out those realization later on that it isnt something that you do really have in mind. You cant really be able to make money if you wont really be that serious on doing so. Trading does really need up that kind of effort and time which needs to be spend
and of course you would really be needing that capital.

BUY LOW SELL HIGH might sounds pretty basic but this is actually the hardest thing to be done.

I am not saying trading is risky, but in my opinion, trading is not for everyone. There is short-term and long-term trading there, and people can invest there according to their needs and choices. In short-term trading, people are consciously required to update the market at all times, but in long-term investing, people are updating the market from time to time. The advice I give to people who start trading is that you know the market is highly volatile, so knowledge and experience are the keys to gaining and trading successfully. And finally, do your own research and don't ever follow anyone's advice blindly.

when it comes to trading I honestly think that some people needs to test the water first, not just pouring all their capital into trading and then lose but testing the water with small amount of capital first to start out, see whether they can profit from it with their skill and knowledge and then judge whether they gonna just go all in into the trading career they really sought after.
its best way to determine capability of someone in doing trading since its not some measly matter but serious matter involving the fact that someone could quite literally losing all their entire capital when they make mistake with trading and then proceed to get bankrupt instead of building profit from trading itself. many people seems to underestimate it but really its serious matter.

You guys are absolutely correct with your points and I believe anyone going into the trading industry should already be aware of the risk and at such should be prepared and equipped with the necessary knowledge of the market they’re going into. Most times it is always advisable for people to first practice with the demo account before diving into the real account but from my personal observations it seems the demo account doesn’t build the emotions of a trader but rather only give the newbie trader insight of the broker and how to scale through it.
Losses are inevitable in trading but ability to learn from your losses is paramount.

Well, I hope newbies can read this topic you've made and know what they should do about getting into crypto trading. Because most of them are just scammers who can make money right away in the crypto space. which is not supposed to happen.

And besides, the majority here in this forum did not fail to remind those like them who do not know anything about the trading industry. The only sad thing is that the newbies only had a little idea or knowledge of trading. If they immediately act like they know everything, then when what they did goes to nothing, they will blame Bitcoin or crypto and say it's a scam.

I also do wish they can get to see this very thread because a lot of newbie traders come into the industry with a very wrong mentality of making massive profit with minimal capital and I wouldn’t blame the newbie traders this time but rather I will blame those that introduced them to trading with such wrong orientation.
Trading should be treated as every other business and not seen as a get rich quick scheme and one thing that leads to losses and blowing of account by newbies is the fact that they put so much pressure on themselves and always want to set unrealistic targets for themselves which only ends in losses.

Mistakes that are often made by some people who only know a little about the meaning of trading and immediately start trading so that they experience losses from the trades they make and for those who introduce trading to other people, it would be good if they taught them how to trade well so they can gain profits from the trades they make they do.

That's right, there are no easy profits that we can get from the trading that we do without having good skills in the field of trading and also the process that we have to go through to get good results from the trading that we do.

As long as there is money involved, there is always a risk when it comes to cryptocurrency. Risk always exists while engaging in new ventures, trading on these three platforms, and joining launchpads to reputable exchanges. It seems common sense that trading carries some risk. You are not exempt from it, even if you have some knowledge of trading techniques.

Because of this, you should value your cryptocurrency holdings if you want them to increase in value. If you are aware of your ignorance in this area, attempt to learn more about it; otherwise, your purchases of cryptocurrency will be, as they say, for naught. "The wise beat the ignorant" .

Definitely.
Risk is found everywhere where you can have the chance to earn money. That's how it goes, you lose or profit from that trade and that's why trading is making someone win, and someone lose.
You either gets eaten and lose on this market with your trades or you eat others money and gets it through winning your trades.

No matter what business or work you do you should never look for a get rich quick way because no work will make you rich quick. People who gamble gamble to get rich quickly but at the end of the day they lose all their money instead of making money by gambling. Trading is risky and there is potential to make money if done properly, but trading is never a get-rich-quick scheme. Trading will not make you rich quick at all. Those who think trading is a get-rich-quick scheme I would say have little understanding of trading. Trading is a virtual business where both profit and loss are made. The more knowledge about trading, the more successful he will be from trading, so a trader should think about how to become more efficient about trading without thinking about getting rich quickly.

Those who are risk takers are the ones making consistent profits from the market. If we don't take risk and keep our money because we don't want to lose it, our money will remain there without growing or increasing. We need to take risks to make profits as a cryptocurrency traders. Consciousness is required for us to earn from the market so that we don't do mistake that would aid our loses without an early awareness. Those crypto professionals that had been in the market for long know how to maximize their profits with little risks.

Even risk takers, there's no consistent person that makes money from the market. It's either we're lucky to lump sum some profits and wait again for a long time to take profits from our holdings.
But for the traders, it's not always like that. There are also days that aren't good and making them stop because losing is likely the name of their days but it's not always like that, so there's balance in both things.
Well, about risk taking, that's true that if we don't take risk, we don't get any gain.

even with skill trading could often time become so abstract that i don't blame even if someone with so many experiences and also skill could still lose.
therefore trading is a serious thing not just some random person could profit except sometime they might be lucky but honestly there's always risk in earning money, its just that in trading its high risk high reward since also its not rare to see some people getting rich from just a trading daily but some of other people might incur losses and went bankrupt it goes both ways.
i would advise if someone is financially unstable they should refrain from trying to get rich quick, instead their emotion would influence their decision and have even worst financial condition.

It's not that people can't make big profits in short time from trading, but experienced and skilled people can still make good profits in short time from trading. Well be it trading or any business experience and knowledge is very important. I think in trading there is an opportunity to make a big profit quickly. In spot reading we may have to wait a long time but in futures trading you can earn more profit in less time, but in future trading if one has a lot of skill and experience and only one who has mastered future trading can get a good profit from here.

The more you trade with leverage, the more chances you have of getting more profit in less time, but a wrong trade can also cause you huge losses, because the market can go against our estimates and analysis. So futures trading should be done very carefully, but there is no better trade for high profit in short period of time.

In trading, do you know mostly traders are killed by their greed, when greed of a person reaches to an extreme level then the risk factors got too high and as a result their is a loss in the trade. Same thing in the gambling happen, as we know that gambling is too much risky as compared to other things, and when a thing has much risks and when in that thing the greed is involved do you know how dangerous that would be for the individual.

In my case, trading could be beneficial till that when we trade like for just earning but when the more greed involved in the trading then it is not trading as I say then it becomes gambling which is not as better for the trader, that's why mostly youtubers and mostly traders differs it from the gambling.

Until now, there are still many newbies who want to enter crypto trading without knowing anything, as long as they can only make a profit here in the short term.

And these habits or behaviors are not conscious of them, so the result always ends up being the loss of their investment.
Because greed is prioritized in their goal. Something that shouldn't be like that for a beginner who is entering crypto trading, to be honest.
It is because any trading business always involves risk, and newbies don't see that.

Right I agree with your statement, and indeed in my opinion one of the reasons they come is because they see the benefits that other people have achieved, so that makes them feel motivated, that's good but the problem is that they come in their trading involvement without bringing any tools to lure profits to come such as knowledge and even a basic understanding of the world of trading, and also not to mention lately I have seen many new traders who have a lot of loss problems because maybe one of the reasons as I said above.

Therefore I hope for anyone who wants or even just wants to enter the world of trading I hope they can reconsider their intentions, don't just look in terms of big profits, because obviously behind big profits there will definitely be big risks too in any case or field. Basically trading has a high risk and not everyone can go through the process in their trading involvement to success, many fail and some succeed.  So I hope you can consider it before it's too late and regret it.

That's the market for you, it's either you give or you take, and how do you take more often? By making sure that you are adequate for the market. This is done through well-established trading skills, management and plans, and with the mind void of emotion and other psychological issues.

I always say that nothing is impossible in trading when it comes to earning, yet it's a very risky avenue where one's money could be lost easily or money be made easily.

What comes to you from either of the two depends on you through your actions and inactions and your adequacy/inadequacy for the task.

You wont really be able to sustain if you dont have those skills.

1. Emotion handling
2. Risks management
3. Technical knowledge
4. Fundamental application
5. Versatility
6. Adaptability
7. Limitation

Trading is indeed risky and if you arent really that serious on taking it then expect that loses would really be next in line.
This isnt for those faint hearted because facing up volatile prices is never been that giving that good feeling but rather those stress,anxiety,hindrance etc...
If you are that someone who do have that kind of soft personality then for sure you would really be having a hard time to adjust
it out but doesnt mean its impossible on molding yourself overtime. It would really be just varying on a certain individual
on how they would adjust on.

This is one of the big mentalities that affects our newcomers that are joining the industry recently. They think they will make money in a short period of time, which is not true, and all this is happening because they lack the knowledge of how the crypto market fluctuates. If they have knowledge of it, they won’t do that, and they will definitely learn and earn at the end of the day because if you have the knowledge of the crypto market, whether trading or investment, both will favour investment. Try and hodl for a long time and you will get what you want, but this is done when you have patience and there is knowledge to manage the risk in the investment and also the trading.
 

I won’t discourage him from trading, but they should have the knowledge of trading before deciding to start the journey to avoid unnecessary stories at the end of the day.It’s not a big deal if they have knowledge of trading because the worst knowledge someone will have is investing their money in something they don’t know anything about. There is no way you will succeed in such a thing, unless it is gambling, which you may luckily gain one day when you keep trying, but for their business, even the physical business, you need to do research in detail and have much knowledge about what you are about to do so that anything that comes up, you will manage the situation yourself.

Yes, I agree with you, investing or trading in crypto or similar will be very risky when we don't know the right method for doing it.
So in my opinion it still has to be based on good knowledge, if you want to make a profit.

Basically, all trades or anything that is profitable will always have a level of risk too, whether it is in accordance with the benefits that will be obtained or even far greater than the profit opportunities. So of course that is why we or anyone, especially beginners who are just going to be involved in trading, must prepare a lot of preparations such as good planning, good management and also several other points that are no less important such as risk management. None other than because it is all these points that can help us to carry out good planning in order to achieve profits as the goal of all traders in general, and also to minimize something that is not wanted is to use very good risk management, trading will not make you rich quickly but trading gives all traders the opportunity to achieve wealth in futures consistently, and for anyone who can run smoothly there then obviously they will get the success that is worth it in return for the difficult process they have passed.

Do not let you come silly by focusing too much on profits and ignoring the risk opportunities that can occur at any time, so always learn about anything related to the science of trading while you start your involvement, with that gradually your knowledge will continue to increase, and if you can reach the top point consistently then you will feel the real results.

If a person plans trading for a get rich quick scheme, then I would say it is totally wrong. Because trading will never get you rich quick, making money requires a long period of time, which is not possible with trading. Investing is the best, and profitable as compared to trading which can give you good profits. Trading is risky when the market starts to be volatile, and you are more likely to lose your money. That's why stay away from trading business don't lose your money rather you invest for long term it will give you profit and less risk.

I agree with your opinion, it is important for those of us who trade to be able to learn well and it is impossible by trading that we will get rich quickly and if we understand like that, of course we will experience many failures in trading. Choosing to trade will indeed be better than trading because it has less risk than trading. If we invest consistently then we will get profits from the investments we make.

Both trading and investing involve risks, and the real issue here is for beginners trying to enter the trading world. They will undoubtedly face significant challenges. All beginners struggle to explore without a mentor. The role of a mentor is crucia to truly and quickly learn the trading world, a newbie should have someone guiding and providing instructions in every move and knowledge growth.

To learn various techniques commonly used in trading, one should at least have a teacher, role model, or mentor to impart that knowledge. Instead of self learning with Youtube or reading blog, which takes longer than the targeted time to start making a profit, it's better to learn from a mentor, even if it means paying them upfront.

The risk in trading is high if we cannot trade at the right level. But if I don't acquire knowledge in market research, I will face loss in any case. So we should gather knowledge first and then trade after market research. Trading will be a little less risky Long term investment If we prioritize this investment we can definitely earn a lot. So in most cases we invest for long term and the risk is very low and the benefit is high.

have enough money to do this and don't use the money they need, they have to be patient and don't get carried away easily by emotions.
traders must be able to control their emotions for the most important thing, because no matter how much capital they have, they will run out if they cannot control it.

There's nothing totally safe in trading. Each and every trading is really and can be loss if you aren't capable to handle. Taking trading as a career won't be so easy one. Trading is kind of scientific method anyone must need learn the process and keep improving his knowledge if a trader must want get succeed. Otherwise start trading without knowledge will decrease your capital each time what i already experienced during I didn't gain single knowledge about trade but just started. And signal groups aren't always right even many time their signals proved as incorrect. You better you should have to learn to build up your own stretegy rather depend on other signals

Yes, trading is so risky. Trading is not easy as it looks, but it is too complicated. Market is unpredictable and no one knows when is it going to pump or dump. So be sure you are well knowledge before you start trading. I once trade and at first I lose some money, now that I have the experience and knowledge. I know how to deal with it and how to manage my holdings. Trading is not for the weak, be sure you are financially and mentally prepared.

Trading is very risky and is not easy like most people think. I have seen many people in my area who all of a sudden wants to become traders cause they think it is one of the simplest way to get rich quick ,After some time they realized that it is hard like all other businesses having its own profits and looses. It takes lots of time and effort for one to become a successful trader ,One need to acquire lots of knowledge or even go through a mentorship program to become a skilled trader. Most of the people i know have now quit trading cause they can handle the stress anymore.

Point of correction, investing consistently in trading will never guarantee our success, the only thing that can guarantee our success is the right approach to the investment, which is where the right learning and training come in. Once a trader is well-experienced in the market, there is no way success will not be made, but this will not be an easy task, it would take time and much effort, and the resources of the trader must be included in the requirement as well. This is why I believe it's often said easily than it is in real life, some people might be trading and training at the same time for over 10 years and still not have anything reasonable to show for it. Now tell me, are they not consistent enough? But you might see other people training and doing the right thing and start making consistent money within just 2 years, so approach matters.

The truth is that many traders are just deceiving themselves with their kind of approach to trading and they would have wasted a whole lot of time before they realize it. This takes us to the source of learning, some people are not just learning correctly or do not know the right thing to learn, and this is a serious problem. However, learning is easy and makes trading better if one luckily meets the right person to guide them. That explains the two situations I narrated earlier, it's definitely easier for one than the other.

Having a trading strategy is one of the best things to do but there are cases when our strategy seems to be failing and I think it wouldn’t be a bad idea to switch or get a better strategy but I’ve always know trading to be very risky and sincere nothing is guaranteed in trading, I think the idea of using only money we can afford to loss should always be preached because no one will bear the risk of your lost.
I agree with you that as a beginner, it should be advised to get a proper tutorship but it’s not also a bad idea to earn while learning maybe through copy trading.

its always emotion control aside from the fact that gathering news about a project might be beneficial as well.
getting fomo'd has proven to get people rekt and went into bankruptcy, which in turn make them leave trading career altogether, therefore its not really advised that we do something out of impulse from getting too emotionals seeing other people making profits more primarily which sometime caused us to get somehow greedy and then make bad decision.
always be level headed knowing that when a coin already increasing the chance of it dumping back again is higher than when it is dumping so we know the right time to make entry.

trading is not a money machine to make money easily, it’s very hard and mental stress who's are regular trading,  if you want to quick rich then high possibility to quick loss, so don’t trade as like of gamble. It’s a long time process to success in trading i think.

This is where bitcoin trading is different from gambling, a newbie must learn and acquire the knowledge of trading before he can perfect himself as a professional trader. Without these basic skills of understanding the fundamental analysis and technical analysis, then it can amount to losing hard earned money in trading. I agree that people should treat bitcoin trading like a career, this help them to learn the skills with seriousness, not to treat it like gambling that doesn't require any special skills and depends mainly on luck to win.

You can not say that about trading even life itself is a risk you are awake today and tomorrow to be gone and if you want to make money in this life you have to learn to take risks if not you will remain in the same position for a very long time. and that is why I don't blame people who gamble, they also want to take risks if they will get more from it but the risk should be reasonable. anyone coming up should know that if you have the knowledge and you are ready to learn more then you don't have a problem.

What you suggest does seem reasonable and quite good, but you also have to think that what you are suggesting is not a newbie so you have to tell him about trading like gambling. I think everyone who dares to make or take bigger risks through trading are traders who have the ability and strong intention to gain profits through trading, even though this is always uncertain and not easy for anyone to get.

However, that doesn't mean it can't be achieved because every person who is very ready to take any risk is certainly very ready to carry out any strategy so that things like the risk of loss are things that he already understands before he carries out his trade. Both in the long term and in the short term.

The only advice I can give to newbies entering crypto trading is to learn the basics first, don't rush to make money here, don't be greedy, continue to learn, and never stop.

Be resourceful, always do your homework, and then learn how to use tool indicators to make it easier to predict the price action and direction of the coins we trade in cryptocurrency. And always be prudent and cautious at all costs.

I don't think that a trader can trade without emotion unless such trader is using a demo, this account can make him not to be serious or just trying to make fun, with the little I know most traders attach emotion to their trading activity because money is involved, I agree with the risk management that you mentioned every trader should be able to manage his or her risk, know the time to trade and the amount to use in other to avoid loss, of course every one trades to make money unless he or she is a learner that decides to use a small amount that wont affect them much because they are learning.

True, even if you do say that you are an experienced or old timer, there's no way that you could really be able to trade without any emotions or reactions on which we are really just that humans on which it is normal
that on the time that we do lose money then that emotion or reaction will really be coming out. Its true that you cant really be able to experience these things then you do trade on demo considering that there's no risks
on demo trading. The cons of mastering yourself on demo is that you cant really be able to enhance yourself when it comes to this aspect on which means that its better to go with live trading.

Trading is indeed risky and if you dont take it seriously then it could really be causing up that damage into your capital. This is why as much as possible you should really be lessening out the risk
as you do go forward. Somewhat its never been that easy because every movement of the market will really be giving out that kind of hesitance on the decisions that you would be taking.
There's no way that it could really be that so easy because of this volatile market.

My advice to those who are new to trading is to make sure you DYOR extensively on the volatile market and take your time to learn how trading works. I suggest you keep using copy trading pending the time you will have broad knowledge on trading. Copy trading will help you to keep making profit even without having much trading skills. Few exchanges like Bitget has such feature.

You’re one of the few that also support the use of copy trading and I also love the idea of using copy trading as a beginner because one thing that makes learning trading easy is if there are some sort of profits coming in and I’ve always encouraged people to patronize copy trading especially as a beginner but aside that, it is always advisable to get the proper knowledge one desires before jumping into the real world of trading and I wouldn’t also advice people to judge their skills just from the use of demo accounts because I think the emotions don’t come to play while trading demo so trading only demo isn’t enough to judge one’s skills.

There should be enough knowledge about trading otherwise success in trading is not available. Especially I would say new purpose. Newbies should have an idea about trading before they should have an idea about how to trade and how much profit they can make. We all know trading is very risky. There are many newbies who trade too hastily without thinking about this risk. This shows that they often suffer losses. When it comes to trading, we all should be patient and check the market before trading.

Trading is a very risky ,first of all it is necessary to have knowledge about it, because whenever someone trades, if he does not have knowledge about this trade, then he will obviously lose You will not have profit until you learn to trade,
it is very important to learn the trade. For this reason, nowadays there are channels in Telegram and YouTube channels can also be searched. There are also those who give you time to time and also teach you. They will charge you a small fee but then they will teach you because learning is very important. Because I have been trading for a long time and during this time I have learned a lot, but you will learn only when you want to learn but I advise you that before making losses, if you learn it will be very beneficial

Before you go into trading to start with you should have attained the age 18, trading ot Self it risky , because you might be at loss and at the same time make profit, it's advisable to always trade with your own money, money you are willing to loose, not your life savings though in some cases you might trade your life savings and make profits, but generally it's not advisable to trade with your savings, all traders should be able to bear risk and shouldn't let' greed have a place in them when trading, the market is unpredictable with all our analysis.

Im not really that sure that 18 is really that needed for you to consider on touching up yourself with trading on which you could really that eventually be able to make yourself having involvement
as early as you could or on the time that you are already aware of it on which it would really be just that a normal approach that you would really be having those considerations on the time
that you do encounter of it. On the time that you do make out those self learning then it would be your choice whether you would pursue it out on learning more or you cant just be able to bare up with the risks.
It would really be that your choice though. Trading involvement wont really be having  that specific age or what, as long you do able to hover yourself on such risky field and sustain
then this is what usually counts.

This thread is near to get a year old now and still, I'm sure that it's still relevant as there are a lot of folks think that they can trade easily and make money from it.

That's how they understand trading is and the problem starts with the influencers that are bragging their profits thinking that if they're able to do it, the others can do it as well.

You know the bias survivorship, they tend to think that others can easily do what they've done and making it easy on their perspective but not telling all the efforts they've done and losses that they've incurred over the period of time.

  Of course, for newbies, I can say that they should not get a profit right here in cryptocurrency. There was no one to study in Grade 1, and the next day they were in Grade 6 to graduate from elementary school immediately.

  You need to know the basics first; it can't be difficult to study right away. Other newbies will seek the difficult part of understanding trading, but the simple basics they do not know, but they are just cheating themselves. Everyone should go, and don't rush. And learn to listen. A wise person is a good listener, and a good listener always looks for a way to become successful in the future.

Trading is really very risky and harmful if you don't know anything about it, don't enter trading if you know that your knowledge is still insufficient. After studying everything, you just need to take the time and effort because it's for you too, you don't need to hurry just because you heard that it's easy to get rich in trading, no.

Trading seems very risky to me because I am not yet fully experienced in trading. Trading requires a lot of experience. The more you learn and understand about trading, the more experienced you will become in trading. There are many people who don't understand about trading but they are seen trading with the hope of high profit and they face the biggest loss.

I have also seen many people who choose futures trade as their first trade. Many have lost their entire trading money whenever they make this trade. This is mainly due to their lack of education and experience in trading.

That's what is really needed in trading; zero knowledge is not possible here, because if you have zero idea here and you make money, that means you just got lucky and your dealings in trading are just a gamble. And it doesn't mean that if you make money, you're a trader right away and then you know yourself that you don't have an understanding of trading. How can you become a trader if you don't have any knowledge about it? right?

Being a trader takes time and learning, so the context in which you look at it is wrong, as it is just like a gamble and just luck; trading is not like that. Because if that's how we think about it, our capital here will be wasted for sure.

One cannot become an experienced trader without complete knowledge about trading. Becoming an experienced trader requires patience, strength and education about trading. But those who are new come first and trade if they are profitable then it is due to their luck. I had a friend who was just spot trading for a few months he made $400 in about a month trading one coin at a time maybe it was just his luck. I say this because he has no experience in trading but he earned from first trade. But not many people will be lucky in the first trade so everyone should understand and learn about trading to become a good trader because trading involves considerable risk.

Trading is not child's play, and no wonder most traders who are trying it often lose their money, and no matter how most of them continue to try, they will end up losing their money. That is why your advice is valid, all new traders, including the old ones who are not yet earning consistently should learn and continue to practice what they learn, and who knows, they can be successful in trading one day. I used "who knows" because I know that this is not an easy task, I am a trader and I can say I am good at it, but the journey was so rough and tough and I know that if there is no good income sources, one can easily be discouraged and back out of trading if the losses are much and the greenlight of success is never seen.

I have also tutored and mentored a whole lot of traders, some would try their best, while some would be lazy, but as of now, I can say that I am the only one trading among them. This includes the person who introduced me to trading, he is no more trading, this is to show how tough it is. But if one could be so rugged with it and give it all it takes, probably success will be made. But no one should think it is going to be easy, very thorough research and trading are advice and the natural quality of the traders should be able to distinguish the smart and wise ones from the common person. Also, the copy trading you advised is good when one is still learning, or doesn't have the time for trading or even does not want to know how to trade, regardless, a very good DYOR is needed to know the best to choose.

Every business has its own risk and trading isn’t exempted as there are several risk associated with trading but I’m sure with consistency and right tutorship, one will be able to be successful and I’ve seen claims severally that statistics and ratio of successful traders to the unsuccessful ones can’t be compared as there are more losers than winners and I wouldn’t have to argue that but rather I want to also relate trading to gambling as just as there are more losers to winners in gambling, doesn’t mean there aren’t people who are doing absolutely well, what matters is that we are fighting our way to be among the successful than just giving up.

Yes, to be able to become an experienced trader, you really need patience in going through various processes in order to become a successful trader. For those who have an advantage in being the first trader, of course this is just luck for them and people cannot try the same method as your friend did, because To be able to make a profit in trading, you must have good knowledge of the market and also have a strategy for buying each coin.
When carrying out very risky trades, of course we have to be very careful, don't buy an asset that we don't really understand well, which makes it possible that we will suffer losses because we don't understand it well and don't let us experience losses in the trades we make.

There are no easy words to become rich through anything, because those who have become rich must have gone through various stages and processes that took a long time to achieve it. So there is no need to cultivate the mindset that getting rich is easy through trading because every trader needs time to process and also needs capital to run it well after going through several stages of learning specifically from the media and people who already have experience about it.

Because in fact everyone can make their own comparisons in any job, including trading in the crypto market, where those who only rely on instinct or other people's advice without having basic knowledge themselves will continue to experience losses on an ongoing basis. So what you say is also true, that everyone should not rush into trading if they don't know about trading and how to use the market correctly.

Trading is risky and there is no disputing the fact, it only looks easy from none traders perspectives, they'd jump into it and think that it's buy and wait for price to dump then sale, they'll start trading and before long, they'll lose all their trading capitals. I now somebody that jumped into trading without adequate knowledge, just because he heard on a social media platform, where they teach crypto trading and how to start, anyway he lost a lot of money and is now branding crypto trading a scam.

Newbies must learn and equip themselves with the correct knowledge of trading, diligently learn the fundamental and technical analysis, how they apply in trading, including tips on trading behaviors, like being disciplined, avoid being emotional, patience and not being greedy, knowing when to enter and exit.

Trading is very profitable but trading is very risky. People can make a lot of money instantly from this trading platform as well as lose their money instantly. Therefore, trading should always be done with maximum experience on the trading platform.

I am a new trader so I am sharing my experience for newbies. There are always some trading strategies to use. One who does not know trading strategy must gain experience about trading strategy. Never trade with passion on a trading platform. One can never be too greedy on a trading platform. If you want to take a trade, you have to take it from the highest dumping of the market, if necessary, you have to wait until the market is dumping.

Going into trading with such mentality is a sign already that you shouldn't be trading because you will definitely not become successful and profitable enough as you should be. Trading isn't a get rich quick scheme rather its a Skill that when you become proficient at it you can make a living out of it by trading but if you are more focused on getting rich first than learning the skill then there's all probability that profitability on that skill will be far away from you because those who got rich trading had to learn first because they started trading profitably and became rich.

No skill gets anyone rich almost immediately but with continuous practice and maintaining a good level of proficiency your skill automatically makes you money and if you have got a good money management skills then getting rich wouldn't be a problem.

My trading strategy in 2024 is going to be that I think
I'm going to plan what I have in 2024 for 2k dollars and then I'm going to take trade what I have, for example if I have 2k dollars,
I will divide it into four parts. After that, the first part of 25 percent will be put on top of trading If I get any profit, I'll sell it at 10 or 15 percent.
See, if the coin goes down,I will buy more of my 25 percent investment respectively and I hope I will save from big loss in this condition or concept

Trading could be a source where you can increase your fund but for that you need to teach yourself. And a trader always need to be courageous as well as determined. He should learn manage his fund, contro emotions as most importantly greed level! Should take too much risk where you can't calculate the situation. Otherwise it'll be similar to gambling where a trader putting himself at risk and could be a reason behind losing money

there are many stages to trading for beginners, it is normal if the first time you trade it doesn't go as expected, but don't despair because trading is not just buying and selling, you need to understand the market you need to understand price charts and you also need information, if you are thinking about trading Just to get rich quickly, that's not the case at all, work hard and open a business, trading is also a lot to learn, if you're not ready, it's best to avoid it.

On the time that you are really that starting this journey with having that kind of mentality then just like on what you have said that this would really be ending up on miserable on which we do know that
once you do have those kind of expectations then you would really be definitely be having that kind of anticipations on which it might lead up into desperation on which you would really be keeping on pushing it out.
Trading skill isnt something that you could really be able to get or gained in a short period of time on which there's no way that you could really be able to make yourself that determine for being profitable.
Dont rush up yourself on learning it because this is where mistakes do usually be starting on on which on the time that you are being that optimistic.

This is why it would really be always best that you should really be at least realistic on things that you are really dealing.Dont set your hopes that high so that you wont really be on a haste.
You should really be that be in focus and not really that aiming for the sake of money and should really be at least having that goal and targets
without setting them too high.

Stay away from trading as much as you can, it is not a get quick rich investment or method to attain your financial aspirations quickly. To become rich, you have to work for it and if it was that easy, every newbie that comes new into the crypto space will by now already a rich person and more people will see it as the fastest way to become rich thereby following that same path. Nothing comes easy, learn and learn and learn until you become perfect.

While learning, making good use of demo account will make you understand many things in the market but it won’t have effect on your emotions. Emotions plays a big role in trading and if you can overcome it, your trading skill perfection and being a great trader is one step closer to been achievable. Newbies should try and learn or rather invest in bitcoin before taking up trading after they’ve had sufficient knowledge about it.

What you said is correct but to learn trading you need a trader who is not free of cost no one teaches trading as free.
Now a days everyone has created their channel and everyone is sitting in it. The right person and the fake person have to be chosen that the person who is, that is, to learn, trades to an extreme, and the person who is, does not mean well, and he cannot teach the trading up correctly. My advice to start with only less dollars, start from here little by little. Buy it and then save as much as you can from it.

If you have 2k in terms of USD value then the better approach will be to farm a potential airdrop. Try to use the safest and most popular one in this way your cost will be less but you can earn a huge profit. I have seen people get airdrops worth a few thousand dollars by using the protocol and losing only a few dollars in transaction fees. Airdrops are trending in the market so it will be worth it if you can manage your strategy and risk to farm all the ecosystem airdrops. Keeping all the principal amount and having some extra money which can sometimes be worth more than the principal amount, isn't that bad after all.

Yes but still most people usually only make trading as their side income, in the sense that they have a main job that is really promising in terms of income, because after all trading has its own possible risks where you will be able to experience many losses if you come without having any preparation and knowledge, but it is true that all of this can be learned and depends on yourself if indeed you are one of the people who are diligent and disciplined and also have a high spirit in terms of learning everything including trading then I am sure that one day you can make trading as one of the incomes that can provide you with a sizable income in addition to your main job, the point in the world of trading is that if you are willing to learn and always study mistakes for a change then I think you have a good chance of becoming a successful and professional trader in the future.

On the other hand, it is not  uncommon for people to fail in their trading journey, it is because they have a lazy soul which will certainly continue to hinder their development and what happens is that losses dominate, therefore the knowledge and knowledge that is generated as a form of learning is like a fishing rod to get profit in the market, and if you do not have any preparation or fishing rod at all then it is clear as you say that this is nothing more than gambling which will only make us worse off.

Trading is a risky thing, especially if we invest in new projects, price fluctuations can be close to 100% if they drop but can go up thousands of percent in a day, as a trader of course the first and most important thing is to be aware and understand all the risks, don't sell assets which can stress us out when there is a price drop, it's better to use the money in your pocket to trade, and always learn from profit or loss to become a better trader.

It is true that we will be able to earn income from trading, but we have to be careful in doing it and it is also important for us to understand it well first so that we don't make mistakes in trading that result in us losing the money we have and also we have to be able to control ourselves when trading so that we don't get greedy and it would be better if the target we set has been achieved. It would be better for us to take it and enjoy it ourselves and not miss it.

We don't need to take too big a risk if we are not able to face it, because the risk we take is too big and it will be very difficult to get back up if we experience failure in the trading we do.

They must consider the risks they will bear if a loss occurs, not constantly think about the profits they will get, in trading it will not always be profitable, even someone who is truly professional in trading sometimes has to endure suffering, but if a beginner has just experienced a loss It's best not to be too easily discouraged from turning previous trading into a valuable experience and not do it in the future

In this case, I will say that trading is risky, but why is it risky? It is because if any person wants to trading and does not have information about trading, and in addition to this, have a fund of a limited limit and if God wills he loses it, then he does not have the financial fund to cover it and if he is not able to make an effort,  but if there is someone who first Collect information about, choose a strong project and at a good time the mains market, he will know that the market is going to grow, then if he trades, he will definitely benefit and this is an excellent system to get profit.

My friend lost a lot of money trading a few days ago and he told me he would never trade again. I think his process was wrong because to trade you need to increase your practice a lot. You should do small trading at first to expand your experience. If you start trading because you are suddenly rich then you will lose so think about what you are doing. There are many people who lost a lot of money in early trading.

Of course trading is very risky if you come to trade without understanding. Most people think that trading will become a great trader. But they know nothing about the risks of trading. To become a skilled trader you need to acquire a lot of knowledge. You have to learn bit by bit if necessary. Because it is important to remember that little knowledge is always terrible.

It should really be that good for side income but indeed there were people who do really make it as their main job or source but this isnt something simple that could be obtained because you would really be needing up to
be sustainable to support your daily needs. There might be some people who could be able to obtain up such situation but majority do fails on doing so. This is why it would be ideal that it would really be just that a side income aside from your own main job. You should really be that conscious and be wary about the risks involved by it because if you wont really be bothering yourself on seeing on what are those risks then
you would definitely be putting up yourself on such condition or situation.

Trading is risky but those risks could really be handled if you do really just handle yourself on the right way on which it would really be something that would really be
speaking or talking about things which you would really be needing to be done.

   You have a good strategy in place right now. As long as you don't forget that we shouldn't get carried away by our emotions when we do the actual trade, it's important that we consider any capital we use in the trading activity.

   Moreover, we are working on two things: to make money every day and, at the same time, to have savings for the future. While we are doing this, of course, we are also learning to go deeper to learn from what we will experience here, because it is known that cryptos in trading are very volatile, and we must be ready for any consequences it brings.