Bitcoin Forum

Economy => Trading Discussion => Topic started by: Realgogo on November 15, 2023, 10:25:58 AM



Title: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Realgogo on November 15, 2023, 10:25:58 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: _act_ on November 15, 2023, 10:44:18 AM
Some confidence are stupidity. One of the stupidity is to gamble with coins and thinking that you are trading but instead you are a gambler. Another is to use a high leverage that will make you to continue to lose. Another one is when you are not using the amount of money that you can afford to lose. It is better not to have confidence and not trade if not following the trading rules.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: EarnOnVictor on November 15, 2023, 10:46:52 AM
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
The simple answer is "Don't get too excited trading the market but rather learn and get more prepared for the challenges ahead." Trading is not as simple and easy as the newbies think, and even if you are lucky as a newbie, the luck can't last for long, which is why it's very good to zero your anxiety/emotion and face the market according to how it comes to you (challenging).

I tell you, it's not gonna be a rosy experience at first, and perhaps the first years, it won't be as trading needs a lot from the trader before success would be made. The trader must be wise, smart, calculative, disciplined and mature as they learn and regularly train about the market. It's not enough to learn and train but also be creative in the interpretation and work with a balanced psychology for your success to be ascertained.

In summary, just work more on a trading system, management and good psychology, and I believe you might be a good trader over time. However, the psychological part is often least talked about and might be what is lacking that many traders continue to lose their money.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: royalfestus on November 15, 2023, 10:54:09 AM
My advice to new traders is
1. Make sure you invest what you can afford to lose and start with the smallest amount possible
2. Look for new coins with good partners, such as top exchanges and well-known investors
3. Research every coin adequately and go for a project with proper valuations and a shorter roadmap that can not trap your investments beyond the expected bull market
4. To be in a safe position, invest more in coins before Bitcoin halving and maybe 2 months after


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: hugeblack on November 15, 2023, 11:28:16 AM
I think you mean how to trust news sources? If that is the case, then there is no trust in any source, and even fake news can affect the price just as happened in the fake article related to accepting the ETF, so look for future news, not current news, meaning look for news that can affect the price in the future, and based on it, buy or sell. It is the only way to guarantee that you will get profits from trading, but following the current news will lead you to a loss at the peak of trading if it is true.

if you mean to trust the promises made by some projects, then simply do not trust them. They are selling you an illusion and the rosy picture they paint is inaccurate.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: bitzizzix on November 15, 2023, 11:49:40 AM
Don't be too confident in trading because trading is not an easy job to get good profits, especially if you are a beginner.
And all you have to do initially is just educate yourself how to make profitable trades and in general how to buy low and sell high at the right time, and you also have to learn the factors involved in trading. And don't just look for information, because information can still be manipulated.
Because it's harder than it sounds if you've never done it before.
Unless you intend to invest, that means you are not trading. But that's a very different question but investing is better than trading, in terms of trading time, you should have a lot of free time to do it compared to investing.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: decodx on November 15, 2023, 11:52:20 AM
When you're just starting out in crypto trade, getting past those early challenges is all part of the journey.  For me, lots of coffee-fueled late nights googling stuff, some funny videos to chill me out when needed and just accepting that Bitcoin has its grumpy days like anyone else - that's what got me through.  My advice is to take small steps, keep learning from every up and down, and don't freak if the market throws a tantrum now and then.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: jeraldskie11 on November 15, 2023, 12:59:58 PM
It is better not to have confidence and not trade if not following the trading rules.
If you're a newbie, confidence is the result of backtesting your strategy.
If you're an intermediate trader, consistency will give you more confidence.
If someone says that he is confident but didn't backtest and encounter many loses, he probably lying to himself.

Your level of confidence will decrease as you lose more money trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: kingvirtus09 on November 15, 2023, 01:15:51 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

You know, I have seen many newbies who entered the crypto industry full of confidence, and because of that confidence, do you know that many of these newbies just lost their cryptocurrency investments because of the lack of knowledge here?

It means that confidence is not enough; the others did it with confidence, and they looked at it like a gamble that even if they have no idea, they can earn luck just by trading, something that is not good and a wrong view.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: mk4 on November 15, 2023, 01:33:33 PM
The same way you gain confidence in other things like public speaking and any other skill with a crowd — by just doing it lmao. There's no secret juice.

Also, before taking a trade, make sure you're actually convinced that you're right. Because if the price moved at the opposite direction and you immediately capitulated, then you're likely just guessing.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Husires on November 15, 2023, 01:44:16 PM
Repetition, experimentation, failure and error are the best things to learn, and by using them you can develop until you have a sixth sense through which you can judge new projects for which no data is available. Start learning trading from books and YouTube channels, learn the basics and create a demo account, trade with zero risks and gain Try it and then you will be confident in your trading decisions.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: taufik123 on November 15, 2023, 02:04:32 PM
High self-confidence must be matched with good basic knowledge.
As a beginner must not forget this, basic trading skills are needed.
How can a beginner be confident without trading knowledge, it will only be trading like gambling that only relies on luck and feelings.

When I entered Bitcoin, I was still very blind about trading, so I started learning the basics, about terms in trading,
and learning how to use tools and indicators that are already available.

In addition, it is not only about technical and fundamental analysis, but trading emotions must be managed to stay in good condition,
so that trading will go according to plan.
If as a beginner can not manage these emotions, then there will be many losses that can occur.
It is not easy, but learning how to control trading emotions will provide many advantages.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: rat03gopoh on November 15, 2023, 02:19:07 PM
You trade with a reasonable amount limit (afford to lose) makes you confident;
You open a position based on reasonable analysis and choose a high volume coin pair makes you confident;
Your first profit will increase your self-confidence and so on.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: GreatArkansas on November 15, 2023, 02:26:06 PM
(....)
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
For me, following and practicing the basic and must-have ways or doings of trade is a must. It's like you do what major people are doing. The most difficult part is only the beginning, so it will become easy for you once you already have knowledge.
And another thing is don't wait for someone to push you or teach you or feed you, you can try it with yourself.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Sim_card on November 15, 2023, 02:40:12 PM
As a beginner, it is better that you should learn how to control your emotions first, because if you allow your emotions to control you, it means you will run at loss. Be confidence with your decisions and don't look for trading signals from any group but rather learn trading and practice it, with the amount that you can afford to lose. It is not easy as a beginner to make profit from trading or learn everything in just one day. It is a gradual process that needs determination and steady learning to know the strategy that will work for you.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: salad daging on November 15, 2023, 03:28:39 PM
You should have a basic technical insight into trading at least knowing what is needed in this skill then this you have mastered you will find confidence in trading even though a beginner still has to learn and overcome this obstacle should not give up.

Remember that trading is quite a big risk compared to long-term investing which is quite restraining, in trading you need a lot of skills including technical analysis, reading charts, fundamentals, market sentiment, patterns that must be combined, being able to see the news and draw conclusions because this will obviously affect the price when you trade whether it is spot or futures.

Try trading with small capital that you can afford to lose, that's where you'll find the real obstacle course.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Rruchi man on November 15, 2023, 03:57:41 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
The answer to this question will be distinct to every trader depending on how they learnt to trade. Did the trader learn on his own from watching YouTube videos and monitoring the trade of other traders? or did they directly learn under a tutor or mentor? A trader who learns on their own may take more time to find the confidence to start trading the live market, but if it is a patient trader, they will start trading after they have been successful with their demo accounts.

For a trader who learns from a tutor or mentor, they will find confidence to start trading the live market when their tutor or mentor gives them a sort of reassurance that they can.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: SmartGold01 on November 15, 2023, 04:09:23 PM
Don't enter to trade when you don't make full research about the both coin you are trading with otherwise it might dump on you, one thing newbies trader always do is that they want to get involved in every single coin they newly listed in exchange were they are trading. So do not be too excited when you see such coin it may lead to drastic dump on you while you lose huge funds, always create out time to study the market before entering trade otherwise you would lose as well.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: el kaka22 on November 15, 2023, 05:08:20 PM
Honestly I just realized that I can't lose forever and if I keep learning then I will eventually get better, it is only logical. Of course it was normal that I did not started as a great trader, who starts very good at trading on their very first trade and then stay great forever?

Even if you get lucky and have a few good trades at first, you will end up being greater later on and have a terrible part in the middle. So I realized, yes I am making a loss and doing bad and there are a lot of issues, but if I keep at it and keep trading and keep learning, then I am going to be a lot better with time. Which is what happened really, I ended up getting better and ended up making more and more profit with time as well.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: ZAINmalik75 on November 15, 2023, 05:17:42 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
The only way is to get knowledge, and after getting knowledge, act on it by trading with fake money. Like using demo accounts, paper trading,, etc. Once you think you are doing great and have learned to trade, you can easily overcome the hurdles and gain confidence to trade, whether you are a a newbie or not.

There is no shortcut to making money via trading; even people tell you the only trick is to learn this indicator, or learn that indicator, or join this VIP group,, etc. Until you don't get information and knowledge of how things work and the basics of trading, you can't overcome the hurdles and learn anything at all, rather than lose money.

I saw your other question as well, but did not reply there. The format is the same, and I don't doubt the question you ask, but after seeing your neutral, I came to think, did you even cared about the questions or are you just trying to increase your post activity, etc.?


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: famososMuertos on November 15, 2023, 06:42:43 PM
I don't know how so much fear can be reflected in something that requires a popular phrase and that I mention without commercial allusion "just do it."

The big difference about bitcoin trading is that it is open to everyone and you can best start with capital as small as $10, that in itself is one of those great advantages of the crypto world of investments with the traditional one, imagine being told you need (e.g.) $100,000 (minimum purchase), they are not games eh!.

Just start, and read all the available theory you can, and then, between the practice and what you have read, read again and much more to learn about trading. The shark instinct will appear, if it does not appear you will surely realize it, since 24/7 trading is not for everyone, but trying it is.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Bananington on November 15, 2023, 06:46:27 PM
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
If you try trading with very small money that you can risk and you profit from the trade, your confidence will greatly be increased and improved to want to try with more money as a newbie. That is how some newbies surpassed that hurdle, they tried trading with little money then tried with more money if they are successful.

 The little wins add up to great confidence.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Lakai01 on November 15, 2023, 07:15:44 PM
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
My golden rule is actually quite simple: paper trades.
If you want to start trading, place your trades either via a demo app or, even better, with a piece of paper and pencil. This will give you a very good feel for how well you can rely on your own instincts and how you react in "tricky" situations.

After you have practiced this for 1-2 months, you can start betting real money (or BTC). However, only very small amounts at the beginning, preferably in the single-digit dollar range. Only after some time (and many lost dollars) will you have gained enough experience to actually enter into larger trades.

So there is actually a second rule to add to my golden rule: take your time practicing!


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Cookdata on November 15, 2023, 07:49:28 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

One of the hurdle that few people overcome is by stopping thinking they are newbies in the system. By the time.yiu always treat trading like that, you will always have uncertainty about any trade that you open. That's tye first one, secondly  don't copy trade of others to think that something good will come out of it. I'm sorry to say that, nothing goods comes easy if you learn to trade and be serious about it, you will last long in trading.

Others that improve my confidence in trading are:
  • Never trade more than you can afford to lose.
  • Make sure to understand trading and stop doing swing trading, you will only incur losses than profit.
  • Make sure to be mentally discipline else you will be control by emotions over little mistake in trading.
  • Avoid signal groups, you might leave your style of trading and focus on that more. If you searching for a way to be professional in gambling, you have to avoid such type of groups.

This might not be the perfect response but if a trader constitute the above, they don't last long in trading, what they do most of the time is gambling is very a bad practice.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Cryptomultiplier on November 15, 2023, 08:33:36 PM
The key to gained confidence in in not being afraid to try again after a recent failure has been encountered. The worst is to not try at all for fear of failure or not having the right knowledge and never growing in experience nor skill.

The skill to trade is the confidence a trader needs to become a pro or merchant trader. Once the interest to learn how to do so is met with the action and determination to learn more and be very practical about it, the funds that one looses during the practice stages always is worth the effort to even try in the first place. This is how the hurdles or challenges encountered by a newbie trader is summounted and confidence is gained.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Renampun on November 15, 2023, 08:43:09 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

It's not easy for me to feel confident in my decision to trade Bitcoin, I got it after I joined a trading group, where in the group, each member provides support for each other, the support of fellow members is very important to increase self-confidence. when deciding to trade, you can also try joining a trusted trading group or making friends with a bitcoin trader who is quite experienced, because people usually have to see evidence first before they can believe it.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: goaldigger on November 15, 2023, 08:59:49 PM

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
By gaining the knowledge and trading with a good strategy, by doing this you will increase your confidence and of course increase your chance of making a good profit. We know trading is too risky so if you do this without having the right knowledge, you are just risking your money and there’s a big chance for you to lose big.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Dr.Bitcoin_Strange on November 15, 2023, 09:15:11 PM
Well, it's just a matter of the decision that which is taken by the trader, because normally during the early stage, when one just starts trading, everything looks very strange, and you just have to be determined to learn and go through the losses that you will experience along the way. Some people will start trading and lose interest because of the losses they will keep experiencing, but the ability and zeal to keep trying and learn how to develop new strategy that will help you reduce your level of loss is what can make you win. When I started trading, I experienced losses, but I just kept trying until I began to experience more profit than I was losing when I started initially.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Kasabus on November 15, 2023, 09:15:36 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
The truth it's hard to establish confidence when you are trading as a newbie. Yes, the market may seem more attractive and promising to you but wait until you experience your initial losses consistently, you can really say that trading is never easy as it is. But we all know that these mistakes and losses have really build our confidence and skills as we continue to trade until we start improving our trading performance.

Everyone that trade as a newbie started from a scratch. But the challenge is how you will sustain yourself in trading despite of how it can turn you broke every time you end up trading with a loss. But as they say, winner never quits. Probably that was my stand in trading that made me reveal who I am today in trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Natalim on November 15, 2023, 09:38:55 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
It was exciting really but after experiencing losses at the very first try, you'd start thinking if I would continue this or not --doubts just then arrive. Confidence couldn't be made instantly, in fact, I only got it almost a year after trading when I felt like I was already familiar with the market movement and had a lot of experience.
We can never be confident as a newbie, we have a lot of things that we encounter as we continue our trading journey and this will teach us to build confidence.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Queentoshi on November 15, 2023, 10:57:06 PM
I don't know how so much fear can be reflected in something that requires a popular phrase and that I mention without commercial allusion "just do it."
Just like many other skills is requires practice until confidence is built up to a strong extent that's you are now willing to try a bigger challenge. It is like learning to drive, and then driving in a small street successfully, there will be the confidence to try driving on a much busier road or highway. If you see other newbies in trading starting to trade, you will be motivated to join and follow them to start trading. That is one good thing about forming a group with people who have the same target as you do, you will be able to motivate yourselves to do better.  A newbie trader in a group with other traders will be motivated to keep up with the pace and confidence of other trader in the group with, he will be affected by the confidence of the group.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Wexnident on November 15, 2023, 11:10:13 PM
~
I didn't! Rather, I realized how dumb I was as a trader due to the many dumb decisions I've made when shorting Bitcoin pre-pandemic. This led me to a slow realization that I should probably stop and find some method/way that doesn't involve reading charts and whatnot that often or needing the idea that I need to know whether I've profited, no matter how small, at every idk, hour or two.

So I went ahead and started to do DCA instead. It was long-term and didn't need me to mind, and even if I did, I didn't need to buy/sell at a loss (which was what happened most of the time I was shorting) since I could just wait. Idrk how much profit I've made but I'm pretty sure it's still a plus. I've sold once only, last ATH, and I've started buying again at around 20k after that.

So I guess just realizing how dumb you are, and playing around that to still be able to trade can be a form of confidence.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: mirakal on November 15, 2023, 11:31:13 PM
When you're just starting out in crypto trade, getting past those early challenges is all part of the journey.  For me, lots of coffee-fueled late nights googling stuff, some funny videos to chill me out when needed and just accepting that Bitcoin has its grumpy days like anyone else - that's what got me through.  My advice is to take small steps, keep learning from every up and down, and don't freak if the market throws a tantrum now and then.
Everything is hard in the beginning.  And trading is not an exception. Despite of how profitable and can be a get quick rich tool based from other traders experiences, the fact remains that trading is hard and will always be hard especially if you are not well aware of its risk and is not patient enough to understand the market volatility. And the only way to overcome it is to accept the challenge in trading, not actually to be a good and profitable trader, but just even to minimize your losses in trading since its the most important thing. As long as you follow the rules in trading, and just trade what you can afford to lose, your trades will be safe.

At the end of the day, what matters most is not actually the profits we are trying to accumulate, but the knowledge and skills that we have acquired by not easily giving up from the hurdles brought by trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: AmoreJaz on November 16, 2023, 01:07:00 AM
When you're just starting out in crypto trade, getting past those early challenges is all part of the journey.  For me, lots of coffee-fueled late nights googling stuff, some funny videos to chill me out when needed and just accepting that Bitcoin has its grumpy days like anyone else - that's what got me through.  My advice is to take small steps, keep learning from every up and down, and don't freak if the market throws a tantrum now and then.
Everything is hard in the beginning.  And trading is not an exception. Despite of how profitable and can be a get quick rich tool based from other traders experiences, the fact remains that trading is hard and will always be hard especially if you are not well aware of its risk and is not patient enough to understand the market volatility. And the only way to overcome it is to accept the challenge in trading, not actually to be a good and profitable trader, but just even to minimize your losses in trading since its the most important thing. As long as you follow the rules in trading, and just trade what you can afford to lose, your trades will be safe.

At the end of the day, what matters most is not actually the profits we are trying to accumulate, but the knowledge and skills that we have acquired by not easily giving up from the hurdles brought by trading.


do remember that no one in this market or any other market is already an expert when he comes in. everyone starts from scratch and they will just hone their skills thru time by acquiring knowledge, info, strategies, tips and tricks along the way. if you are not very sure about your step, then, use spare funds so you won't feel so bad if you lose it. also, being disappointed from time to time may not be avoided but one should not quit if it seems the world is against him. after overcoming such obstacles, will give you better insights why you experienced such situation.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: milewilda on November 16, 2023, 02:12:44 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
-Trade on small amounts
-Try to build up your confidence
-Try to enhance your skills
-Try to enhance your emotional aspects
-Try to enhance your mindset
- Risk management
- Fund management
- Realistic goals/plans
- Dont easily be fomo'ed or get affected by FUD

Overtime, you would really be able to notice that you are already that doing well towards your trading. You would really be able to
notice when you do see that you are really that making some progress and making yourself wary about on how the market works and behaves.

Just like been said that you shouldn't really be rushing up yourself on learning and trying to make money because with this kind of behavior
You are really just that basically be putting yourself on great trouble. It is really just that a matter of time that you would be able to see
on how far you have become in terms of trading. Just go with those basics and keeps repeating until you do master and familiarize it out.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Strongkored on November 16, 2023, 03:39:13 AM
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
Self-confidence can be devastating, especially for newbie traders, because crypto trading is not something that can be conquered just by being confident.
Many things happen that are unexpected, even when many predict prices will rise, the opposite happens because suddenly an issue arises that creates market panic and in the end, you will only suffer because you entered the trade with confidence, not with trading skills.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Assface16678 on November 16, 2023, 08:47:42 AM
Confidence is necessary for a trader, of course, because trading is not for weak-hearted traders who could easily hold back or back down if they see their trade falling down. As a trader who experienced being scared and nervous when I was a newbie in trading, I know that feeling. You will close your trade right away if you see that it is falling down, which is too risky and not appropriate. But what I have learned is that if you invest in knowledge and gain experience, confidence comes because, with knowledge and experience, you will be confident in your trades and will not wait for the expected point of profit.

because newbie traders will rely on the little knowledge they have and hope that their trade will profit, and from that experience, they will build their confidence to trade more and have more belief in their decisions. Confidence is something you've gained and built from your experience, so don't be afraid to take the risk.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Peanutswar on November 16, 2023, 10:21:17 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.
~

Committing to new things gives different emotions and excitement but again this is not all about luck and prediction with the market only, you just need to give and consider your knowledge and commitment here because there's money involved unless you are a person who does not care too much for the money and just willingly to loss it and could be a charge to experience, but if not trading already have a risk the only way to lessen this is to make yourself knowledgeable and aware with the market movement through using TA and indicators by this you can lessen the risk to lose an asset. Don't trade if you doubt and don't trade if you are not well, emotions can lead to mistakes and wrong decision-making.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Dunamisx on November 16, 2023, 01:15:18 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

There's nothing good in this life that ever comes easy, we have to render our best sacrifice our efforts in making achievement of success, starting to learn about trading could be as demanding as anything, our time, money and interlect were all required to be used in the pursuit of this and when we are independent on our own, after having the experience needed, we tend to forget all the process through which we started from and embark on another phase of being a trader fully, we will make mistakes but must learn from them and move on, till we arrived at the desired destination we are going to.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: cryptoaddictchie on November 16, 2023, 01:26:17 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
Through discipline. Nothing in the trading world is perfect, thus youll end up at some point or most of the time lose your trade but dont be sad or discourage cause its part of learning process and experience. There are bunch of traders loses a lot of funds even before they can regain or profit big in this scary world of crypto. Its either you learn for the better or end up being greedy or grudge on the market resulting to pressure trading that kepts losing until regain portfolio back.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: AnonBitCoiner on November 16, 2023, 03:24:06 PM
Some confidence are stupidity. One of the stupidity is to gamble with coins and thinking that you are trading but instead you are a gambler. Another is to use a high leverage that will make you to continue to lose. Another one is when you are not using the amount of money that you can afford to lose. It is better not to have confidence and not trade if not following the trading rules.

If someone is trading blindly and have no experience and knowledge about a profitable coins then actually he select random coins and think that their luck will help them as a result of which neither their luck can help them nor they find any information regarding success from their experience. Such type of trading is termed as gambling due to which numerous individuals says that gambling and trading are alike which is their big mistake.

People dream to have more profit therefore they use more money as they have heard that larger amount gives larger profit and smaller amount gives little profit so they put large sum and suddenly the market turn its position and all their dream become untrue. Trading is not easy but it is also not so difficult that one cannot do it therefore if you follow a regulations of market then their will be big reward for you in near future.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: SOKO-DEKE on November 16, 2023, 06:19:03 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

If someone is just starting to learn about cryptocurrency, I wouldn't recommend them to begin trading right away. This is because their understanding of cryptocurrency might be limited, and it's important for them to have a good grasp of the subject before making trading decisions. Without sufficient knowledge and some trading skills, it can be challenging for a person to succeed in the trading business.

The key to building confidence for newcomers is to acquire extensive knowledge, especially in the trading aspect of cryptocurrency. However, gaining this knowledge takes time and effort, and beginners need to invest in learning various aspects of the cryptocurrency industry to make informed decisions.



Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: cute nmp on November 16, 2023, 06:21:10 PM
Is not easy  to overcome  the hurdles associated with trading as Newbie ,One can only gain confidence with time cause you will get used to all the losses ,the wins  and the emotions associated with trading .Tips and advice from advanced traders can help a lot but actually it is only the market that can shape you become a better trader with time .


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: kentrolla on November 16, 2023, 06:53:16 PM
In Trading there would always be hurdles and no one can say they are on auto pilot mode unless they have automated their trade with lesser risk margin. I had been full time trader in the past and now I do it occasionally at my free time and I would say learning more about the crypto market and backtesting data with different indicators have helped me gain confidence into trading but still I would say i n my an expert and have losing days. But as we indulge in trading we get an hang of it and gain confidence as experience is everything if you have learnt about trading and candle reading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: South Park on November 16, 2023, 08:30:26 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
With trading skill as there is no other way, very often I hear that people should ‘fake it till they make it’ and while there are some circumstances in which this could be useful, if you do this while trading then you are going to suffer severe consequences by doing so, then the only way for a newbie to increase their confidence is to actually become a proficient trader, that way when they face a difficult situation they will know they have what it takes to handle it, and as they keep doing this and they do a good work then confidence will come on its own.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: lalabotax on November 16, 2023, 09:10:56 PM
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
Being a newbie in trading is not easy, we will definitely feel confused about what we should do first and what we actually need to optimize profits. However, related to self-confidence, we may become insecure and insecure about trading if we are not ready for various things for trading. Here, if we can prepare our knowledge about trading well and learn various things related to trading sufficiently, then it can increase our self-confidence quite well. So this can help your readiness even more, not only financially but also mentally.

Anyway, ranking is not going to be easy for newbies, but that doesn't mean it's impossible. because everyone definitely comes from newbies. It just remains how we deal with it later so that we can be better prepared to enter the world of trading by getting more gains than losses. Because there is knowledge that must be prepared and possessed for all of this.

If we are ready for these various things, we can start trading with a small amount first, at least as a way of practicing. Actually, there are several exchanges that provide demo accounts to learn trading on the application. You can try it for a while. Then, you can see various ways to analyze what coins and what positions you should take. This will not be easy for newbies, and for all of us. But everything requires experience first. Next, of course, we can learn much better from our experiences.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Distinctin on November 16, 2023, 09:14:41 PM
 It's hard to build confidence when you are trading as a newbie. Because in reality, newbies have nothing but greed and that motivates them to trade quickly even if they know they are more prone to losses than creating gains. But through experience that enables you to overcome your losses in the long run, you start to gain trading confidence and start to manage your losses and your mistakes in trading.

However, confidence is not built with days and months but it takes even years for you to be able to see yourself as a reliable trader. But it does not mean that you are free from committing losses already, of course even pro traders have their own time of losing.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Vaculin on November 16, 2023, 09:21:30 PM
Some confidence are stupidity. One of the stupidity is to gamble with coins and thinking that you are trading but instead you are a gambler. Another is to use a high leverage that will make you to continue to lose. Another one is when you are not using the amount of money that you can afford to lose. It is better not to have confidence and not trade if not following the trading rules.
These types of confidence have emerged because you are seeing trading the wrong way, that you end up trading like gambling. These are very common in the market, and they all end up losing and regretting. But the moment they learned from their mistakes, there will be a change of mindset as a trader. That's when they start trading through creating good market analysis, and trading within their limits. Little by little, confidence is built through their consistent exposure in the trading market.

Trading is hard as it comes with market struggles most of the time. But if you are an experienced trader, you know already how to overcome those hurdles and chose to trade following the effective rules in trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Finestream on November 16, 2023, 09:58:46 PM
Building your confidence while trading as a newbie is impossible. You will only achieved that if you have gained higher experiences in the market that will build your confidence to trade. However, I'm not saying this in general as there are really newcomers who have high confidence to trade, but it turns out that their confidence is not enough to overcome the risk and avoid the risk of losing from a volatile market. I must say that those confidence are even putting them at a more losing end.

This is the reason why I don't see real confidence with beginner traders. They are still in the process of exploring in the market so how come they were able to build confidence without even having sufficient exposure and experience in the trading market.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: synchronym on November 16, 2023, 11:22:42 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
For those who are new to Bitcoin I would say to gain a lot of knowledge about Bitcoin trading. If you don't have any knowledge about trading in Bitcoin then you will not succeed in trading well. You have to have a lot of patience when you trade Bitcoin.You have to trade for long term by checking the market. Don't be in too much of a hurry after trading Bitcoin, you will lose if you rush. By trading this way you will become a successful trader one day in future.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: lienfaye on November 17, 2023, 12:33:01 AM
Knowledge is the key. That's the start to build confidence because you'll gain idea of the things that you should do as a trader. However, it doesn't guarantee to be a successful trader since it's not easy as it seems. That's why many traders switch to become a hodler to lessen the risk and stress of losing their money.

Thus, it's crucial to take time learning and don't rush to try the actual trade. There are platforms where you can create a demo account to practice trading. That would be helpful for newbies.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Raceonsucced on November 17, 2023, 01:23:03 AM
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
The simple answer is "Don't get too excited trading the market but rather learn and get more prepared for the challenges ahead." Trading is not as simple and easy as the newbies think, and even if you are lucky as a newbie, the luck can't last for long, which is why it's very good to zero your anxiety/emotion and face the market according to how it comes to you (challenging).
It's good like that, because as a beginner, a beginner must really prepare a strong businessman's mentality.
But if a beginner makes a mistake, that's good too. because realized mistakes will bring good luck in the future.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Oasisman on November 17, 2023, 04:47:24 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

Informations available anywhere can always be very overwhelming since being a newbie you don't have the idea what fundamental news to follow and what analysis you need to study before do your purchase or trade in crypto. That's the major thing that needs to overcome.
Being able to build confidence means, you are able to decide for yourself firmly without being shaken and suddenly switch decisions if the prices did not go the way you want it to be.
Being confident also means you know what you're doing and has contingency plans when things go south to avoid huge loses.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: michellee on November 17, 2023, 04:55:15 AM
It's scary that people don't want to learn about Bitcoin. But if they are willing to learn about Bitcoin and how they can use Bitcoin properly and correctly, they will discover the benefits of Bitcoin for them. Indeed, the nature of the crypto market is always volatile. Prices rise and fall always occur every day. If they can learn it, they won't panic even if they want to trade.

It's all about gaining knowledge about Bitcoin so they can use Bitcoin well. Only learning more about Bitcoin can calm them down. Don't immediately believe the news they read and are always looking for more information that can support their research.

If you want to trade, you have to study the analysis so you can know when to enter and exit the market. If you want to invest in Bitcoin, you must also learn the method that suits you. And remember to practice what you have learned so you know what you still need to learn.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: gabbie2010 on November 17, 2023, 06:37:13 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
I gained more confidence in trading when I see a trading strategy learnt from experienced crypto traders unfolded exactly the way it was illustrated on back tested charts thus reaffirmed the opinion of many traders that price movement or history repeat itself, however the time and period to learn this setups and strategy differentiate a good trader and bad trader though it would take a lot of charting time analysis to get accustomed to those trading models, it's obvious experience Bitcoin traders are earning profits consistently on daily basis whenever any trading setup open up whether Short or Long trade by capitalizing on the volatility of prices especially in a trending marke.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: lvsca on November 17, 2023, 08:34:18 AM
just jump in and try it. we will forever be beginners if we don't dare to start. I started it when my parents gave me $10 to try trading so I had the courage, he supported me fully with my trading, even though after that he didn't scold me and continued to encourage me here. I will not stop to continue to develop here.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: bayu7adi on November 17, 2023, 08:42:13 AM
Everyone has a different journey, and I can't define their steps as right or wrong as long as they are newcomers. When I first started trading cryptocurrency, I relied on technical analysis and also medium volume altcoins. Here... i learned from many losses I experienced that the market truly cannot be predicted with technical analysis alone. I know I made a lot of losses at that time, but is that defined as a mistake? Couldn't it be used as fuel to add to learning and experience?

In trading, losing and winning are normal, losses and profits also happen commonly, as long as you are adept at managing risk, I think it's not a big issue. Some new lessons like money management, turning off emotions during FUD, not rushing to respond to news, and others are the results I got from some mistakes along the way.

But now, I focus on Bitcoin only and concentrate on the number 1 coin in the world of cryptocurrency. Accumulating it every month or maybe 2 weeks and practicing DCA, it's similar to saving but in the form of BTC.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Hypnosis00 on November 17, 2023, 12:26:24 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
The things that give you confidence are to have a high level of trading knowledge, strategies, and faith. But is this possible for newbies who have no experience? The answer is NO because experience is a way to make you more knowledgeable and that makes you familiar with the market. That is why we can't say that trading one day make you better by tomorrow but the truth is that it takes several months to build such confidence and we already suffer many losses before it comes.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: bitLeap on November 17, 2023, 01:31:14 PM
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
You think it's a hurdle but it's not. Because in the world of any type of trading the most important step is to explore knowledge. Here the beginner's mistake is to rush to cut knowledge with execution and assume the decision is correct. Always want to pursue what has been achieved by old traders but do not pay attention to the process to become a professional requires a foundation in this case the foundation is learning. Beginners overestimate the ambition of crypto trading and think it's the easiest way to get rich. Actually no! every process has stages that need to be taken. Trading requires broad thinking, learning how the crypto market works is very complicated if you are not based on knowledge.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: benalexis12 on November 17, 2023, 02:31:09 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

You know confidence is only good if you know something that you are studying or if you know that you are now learning to apply it to the reality of actual trading in cryptocurrency.

Haven't you noticed that among newbies who enter this field of crypto space? Isn't it because of the confidence that they feel that they will make a quick profit here in cryptocurrency that they gambled to invest in it even though they don't have enough knowledge of crypto trading yet? right? Meaning, because of that confidence, it can also put at risk the capital of our investors, who know nothing about crypto.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: AakZaki on November 17, 2023, 05:42:35 PM
You know confidence is only good if you know something that you are studying or if you know that you are now learning to apply it to the reality of actual trading in cryptocurrency.

Haven't you noticed that among newbies who enter this field of crypto space? Isn't it because of the confidence that they feel that they will make a quick profit here in cryptocurrency that they gambled to invest in it even though they don't have enough knowledge of crypto trading yet? right? Meaning, because of that confidence, it can also put at risk the capital of our investors, who know nothing about crypto.
Doing trading but looking like gambling is something that many beginners do, especially those who don't really know how to trade correctly and profitably. Trading is not just buying and selling well, but how to determine the buying price and selling price with good calculations. Beginners only look at price indicators, they will buy directly when the price appears to be falling, even though the decline is not yet optimal, this will make them panic and end up throwing away at a loss.
Don't make any investments if you don't understand the basics, it will only be a bad experience.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: EluguHcman on November 17, 2023, 06:25:10 PM
After learning about the cryptos volatility, I could tap courage from fellow experienced investors who is been on the high tables making it success in the industry.
I was inspired by my referer that at at when the market is not favouring investors targeting to make profits is a time frame opportunities for incoming investors to come in and also for investors who are willing to top up to do so before there comes increase or a bull run in the market. Then I was encouraged that there is time to favour every sets of any of the cryptos investors. Then I had to exercise be patient and put my confidence cordially by my expectations.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Hamphser on November 17, 2023, 07:37:51 PM
You know confidence is only good if you know something that you are studying or if you know that you are now learning to apply it to the reality of actual trading in cryptocurrency.

Haven't you noticed that among newbies who enter this field of crypto space? Isn't it because of the confidence that they feel that they will make a quick profit here in cryptocurrency that they gambled to invest in it even though they don't have enough knowledge of crypto trading yet? right? Meaning, because of that confidence, it can also put at risk the capital of our investors, who know nothing about crypto.
Doing trading but looking like gambling is something that many beginners do, especially those who don't really know how to trade correctly and profitably. Trading is not just buying and selling well, but how to determine the buying price and selling price with good calculations. Beginners only look at price indicators, they will buy directly when the price appears to be falling, even though the decline is not yet optimal, this will make them panic and end up throwing away at a loss.
Don't make any investments if you don't understand the basics, it will only be a bad experience.
Those are common scenarios and it cant really be denied on which majority of us did really come into that point and since we are really that still lucking some skills and knowledge then it would really be that likely an approach that we are really that able to do so which i could say that it would be typical or normal. Some might be able to avoid on reading up someones experience but eventually they do really still end up on getting on the same mistakes. Experience would be your best teacher, those things that you do have in mind on the time that you are still newbie will eventually be cleared up and make you realized on whats possible and the impossible ones. You could really be able to differentiate those two and this is something that you should really be that trying out to absorbed along the way.

Confidence would really be slowly be building up on the time that you would really be gaining experience and the main key for this one is on that continous dealing or engagement with trading within the market.
You would really be able to find yourself that slowly be progressing in terms of skills and experience on which it would be something helpful on your part as you do go ahead.
You should really be that sensible and versatile on whatever the hurdles and challenges that you do face on.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Viscore on November 17, 2023, 08:58:23 PM
Learning from all my initial mistakes and losses is a big factor. If you trade as a newbie, you are more susceptible to commit errors and end up trading as a loser, but the important thing is you also gained good lessons afterwards which will help you improve and build confidence every time you decide to trade.  And by practicing caution in trading, that will encourage me to limit my errors and losses every time I trade.

There's always inevitable hurdles that are obviously present in the trading market. But as you go on trading and become more exposed to the trading market and its highly volatile and unpredictable market, you will learn to overcome those hurdles and instead build your confidence in the process.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Yamifoud on November 17, 2023, 09:27:09 PM
Learning from all my initial mistakes and losses is a big factor. If you trade as a newbie, you are more susceptible to commit errors and end up trading as a loser, but the important thing is you also gained good lessons afterwards which will help you improve and build confidence every time you decide to trade.  And by practicing caution in trading, that will encourage me to limit my errors and losses every time I trade.

More practice, more losses, the more we got ideas that would help us become better. Of course, we can't just do it instantly and that is why we call ourselves newbies as we don't have enough market exposure that say we are pros already. Trading is not an easy job, we can't underestimate the market and so, to become confident enough we also have to spend more time searching and doing actual trading experience as this is the way to justify how good we are. As for newbies, we never expect such confidence to come right away --it takes time.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Rockstarguy on November 17, 2023, 09:39:54 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
The only thing that can boost the confidence of beginners in cryptocurrency trading is learning and understanding things in the proper way. Cryptocurrency trading is always complicated and can ruin beginners when they do not want to take their time to learn cryptocurrency trading appropriate instead they just prefer to get money from cryptocurrency trading so quickly.

Learning to understand is what can boost the convince of beginners because at this point they are sure of what they are doing and not trading cryptocurrency with a blank mind. Learning is the only way to get it right to gain success in trading, their is no shortcut for people to have success in trading when Learning is neglected.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: alani123 on November 17, 2023, 10:01:50 PM
Trading really is something that you have to get used to and not get carried away.
For one, you have to know what amount you can take risks with. And especially given that most people will trade with leverage you must know that such activities can result in total loss of your principal amounts too.

Really it can be very tough to deal with losses, but one must stay principled if you're going to win anything.

Only go in positions gradually and close or improve your position accordingly. If it goes well immediately you'll have small but certain profits, if it goes bad, which happens often, you will be able to afford the loss. This is the most basic principle that most traders totally forget about.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: JunkieMiner on November 17, 2023, 11:40:10 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

Hopium in trading is really important. If I gave you an example that I had friends which do the trading and they just use trading as a game and after much losses they still have hope that they will earn from the trading. Even though they are doing the trades like gambling which indeed I didn't like in them. But still they are confident on their losses and in a decision where they would select the better time  and wait for the right time. Hope to see many people successful in the field of trade which wants a real hope mechanism in each trader and an individual.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: justdimin on November 18, 2023, 07:11:55 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
You know confidence is only good if you know something that you are studying or if you know that you are now learning to apply it to the reality of actual trading in cryptocurrency.

Haven't you noticed that among newbies who enter this field of crypto space? Isn't it because of the confidence that they feel that they will make a quick profit here in cryptocurrency that they gambled to invest in it even though they don't have enough knowledge of crypto trading yet? right? Meaning, because of that confidence, it can also put at risk the capital of our investors, who know nothing about crypto.
I am not sure if that is true even in that case, you should be careful about it even if you think you know. There is a saying that worlds greatest swordsman is not afraid of worlds greatest second swordsman, he knows that he is better than him and he knows he can beat him, but worlds greatest swordsman is afraid of the guy who has never picked up a sword before, he is dangerous he doesn't know what to do and he doesn't do what he should do at times he should do it, that makes him dangerous, because it's a risk, you can be better than him, but he could get lucky with a wrong move.

Trading is similar, someone who is super smart about it, may do what he must, but someone who has no idea, may end up getting lucky by making a wrong move, but getting lucky and profiting.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Best-mary on November 18, 2023, 09:59:34 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

I have talked about using Dual Investment because it works like DCA but in an upgraded version. But using it mostly in times of volatility is usually the best. Or sometimes I just buy a good coin leave it for a long period then sell when it has appreciated to my greed level


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Sanitough on November 18, 2023, 03:07:03 PM
Knowledge is the key. That's the start to build confidence because you'll gain idea of the things that you should do as a trader. However, it doesn't guarantee to be a successful trader since it's not easy as it seems. That's why many traders switch to become a hodler to lessen the risk and stress of losing their money.

Thus, it's crucial to take time learning and don't rush to try the actual trade. There are platforms where you can create a demo account to practice trading. That would be helpful for newbies.
Of course, knowledge alone is not enough, trading skills and working strategies are crucial as well.  But as a newbie, its hard to gain confidence when you are not yet totally exposed to how the real trading works. Most often, you will encounter losses than gains, and that's normal. But with constant trading experience and consistently learning from all your trades losses, then its possible to build your own confidence in trading in the long run.

However, learning trading takes time and you have to be patient to make it work. Otherwise, if you rush into trading having less knowledge and being inexperienced, definitely you will end up trading like gambling, and lose all your money.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Bloodseekers on November 18, 2023, 04:18:57 PM
Of course, knowledge alone is not enough, trading skills and working strategies are crucial as well.  But as a newbie, its hard to gain confidence when you are not yet totally exposed to how the real trading works. Most often, you will encounter losses than gains, and that's normal. But with constant trading experience and consistently learning from all your trades losses, then its possible to build your own confidence in trading in the long run.

However, learning trading takes time and you have to be patient to make it work. Otherwise, if you rush into trading having less knowledge and being inexperienced, definitely you will end up trading like gambling, and lose all your money.
Everyone who is just trying something new of course they still don't have confidence in what they are doing and if they have good knowledge about trading and also have a lot of experience in the field of trading of course they will easily be able to trade and will also can make a profit in the trading they do.
You are right, in learning trading we must be able to consistently do what we have learned and also try what we have learned so that we can get results from the trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: MFahad on November 18, 2023, 04:44:06 PM
At first everyone is nervous because no one knows before getting experience that what will be the condition and how we will achieve our aims. But once a person make a good trade then his interest build which will help him in moving ahead. In trading profit and loss both are related with each other so don't hope that you will always win because this hope can be dangerous for you if at some stage you don't get profit.

More excitement is also risky because in excitement newbies do some mistakes for which they are regretting whole life. Getting experience is not a matter of seconds but you will work for it at least two year in which you will see the market condition and people's act according to the market so then you will learn. Always remember that there is no technology which gives you 100 percent profit and in one day therefore don't hope from crypto that it will give you profit all the time so be prepared for any changes in the market.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Rehan Zakir on November 18, 2023, 05:43:15 PM
I think, everyone faces hurdles as a Newbie when they start a career in the trading field. But confidence problem is solved by doing it multiple times. Means "Practice makes a man perfect". So, when you take a trade and if it gives you profit, this thing gives you confidence.
A Newbie person faces lot of hurdles in the start, Just keep trying and don't loose hope.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Kelward on November 18, 2023, 06:29:36 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

I do think that newbies should just concentrate on learning and increasing their knowledge about bitcoin and altcoins, before thinking about trading. I even think that they should start with investments first, take it one step at a time before finally venturing into bitcoin trading.

Bitcoin trading is not like gambling, where you don't need any special skills or knowledge to engage in, you actually need to study how supply and demand works in cryptocurrency market, know how to speculate, understand how chart works, them finally to face the risk of losing all your coins, it's a lot to take in.

I'm not a newbie and I'm not trading bitcoin yet, I'm still warming up to it, hopefully anytime soon, I've gained some knowledge to give me a head start. But if a newbie, wants to jump right into trading, why not, so far he has considered the risks involved.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: JunaidAzizi on November 18, 2023, 08:00:27 PM
Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
Well my opinion and suggestion to the newbies or new traders is very simple do not follow other decisions instead do yourself if you lose or gain both will give you the experience if you gain profits then it means you are doing well and the strategy you followed is suitable for you and If you loss then do not revise it. What do new trader do when they gain some profits from a coin the second they invest all their funds happily and think that they will get again a profits but due to volatility they will gain a loss and will disappointed? They fall into the trap of emotions and trading there is no place for emotions you should leave your emotions out of the door when entertaining the room. These emotions will again and again experience loss..


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Japinat on November 18, 2023, 09:43:51 PM
Trading is really hard but with the help of research and market exposure on the trading scenario, my passion to trade has more developed. With the help of demo trading, I was able to establish a concept of my own with regards to trading and how to trade successfully in such a high volatile market. Although beginning to trade is always the hardest, but because I was able to gain confidence through research and honing some skills, then I was able to overcome the hurdles in trading wherein other traders would only prefer to leave the market and quit, and just stick to bitcoin long term hodling.

However, even if you have the confidence to trade, that is not enough guarantee that you will be free from errors and losses. In fact, the more you gained losses in the market, the bigger the chance your confidence becomes more firm and established.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Mauser on November 18, 2023, 11:15:52 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

I don't think there a special trick that let's you gain confidence overnight and become a good trader. In my opinion the only real way to progress from a newbie is to go and start trading yourself. Reading books about trading and learning all the technical aspects is important and is going to make a difference longterm. But it's not going to take away the need for real work trading experience. Confidence is important as well, if our trading strategy has proven itself. Having confidence without any experience is dangerous, just because we believe something is going to work doesn't mean this is actually the case. Trading doesn't depend on size, you can start small and see how well your strategies are doing. And even if you have no savings at all you could start running a demo account with real world prices. Once you see that your trades are geverating profits the confidence will come on its own.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: macson on November 18, 2023, 11:31:42 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
actually trading is not that complicated, as long as you are disciplined with the trading activities you do then there is little chance of you making a loss, besides that there are many communities that will help you develop your skills in trading, don't close yourself off to trading communities that can help you build your skills in trading well.  like when you were in school, you wouldn't possibly know how to write letters and numbers if you didn't have a teacher to teach you, so apply this in trading too, as a beginner you really need a mentor, don't underestimate the big benefits you will get if you use a mentor.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: bitterguy28 on November 19, 2023, 04:01:25 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
I must admit mate that it took me couple of years first before made a decision to try Trading , because what i have read from many posts here in forum that this is really risky and needs deep knowledge and understanding.
so yeah what made me overcome the Hurdles  to Gain confidence ? I look at my Mentors success, that made me understand that I need to take those risks before Hitting my dream profit.
but this did not end well because even how Hard i tried , trading is not for me and yes I kept losing for how many times.
so I decided to stop day trading and do Holding instead for easier way of dealing in  bitcoin , because all i have to do is   just wait.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: aylabadia05 on November 19, 2023, 04:26:32 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
1. Don't trade
2. Read more and watch trading videos or listen to podcasts with the aim of learning.
3. Choose coins that will last a long time. Don't choose coins that end up in discards.

Theoretically, trading carries a large risk of losing money. Trading requires extra time to control trading activities such as rising and falling prices. We don't forbid it.
So, what do beginners who want to trade do? Three points above are basic for beginners before getting to many other points regarding trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: 2Pizza410000BTC on November 19, 2023, 08:03:37 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
Yes, entering the trading world is both exciting and terrifying. As far as I know no one can ever be 100% successful in trading. Especially those who have entered into futures trading have made many losses in life. I have entered trading as a newbie so far I have not got a very good idea about trading. I started the first trade with $100 and still have losses. I wasn't trading in Bitcoin I was trading in Altcoin due to which now I couldn't cover my losses. I hope to overcome my losses and see success at some point and gradually become trading experience.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: G_Besar on November 19, 2023, 09:58:24 AM
I think, everyone faces hurdles as a Newbie when they start a career in the trading field. But confidence problem is solved by doing it multiple times. Means "Practice makes a man perfect". So, when you take a trade and if it gives you profit, this thing gives you confidence.
A Newbie person faces lot of hurdles in the start, Just keep trying and don't loose hope.
Not easily giving up is a very wise attitude for a newbie because basically everyone needs to try trading once they know how to do it through the theory they have learned. Becoming an experienced and perfect human being is not easy for anyone, because everyone needs to struggle with experiments while looking for new knowledge that can make their plans better. Because the first obstacle for everyone in trading is knowledge and guidance from people who already have experience in that field.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: barisbilgili on November 19, 2023, 04:46:38 PM
Not easily giving up is a very wise attitude for a newbie because basically everyone needs to try trading once they know how to do it through the theory they have learned. Becoming an experienced and perfect human being is not easy for anyone, because everyone needs to struggle with experiments while looking for new knowledge that can make their plans better. Because the first obstacle for everyone in trading is knowledge and guidance from people who already have experience in that field.
Those who have been successful in trading, of course at first they were also beginners and they studied with discipline so that they understand well what they have learned after trying what they will of course have a lot of experience in investing so that they achieve the success they want, there are many processes that they have go through so they can have confidence in what they have learned.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Woodie on November 19, 2023, 05:17:53 PM

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
I think this isn't only for newbies as learning never stops, but to gain confidence in trading I went out to gain the knowledge to understand how the markets work generally... of course not limited to cryptocurrencies and not forgetting learning how to read chart's and this process didn't end here as I needed to watch videos of how other traders trade which was possible through 100s of hours of YouTube and once you are ready you go for Demo trading to test your strategy and with several winners and confidence is built you ready for the real markets, happy trading :)


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: shawonngp on November 19, 2023, 05:30:59 PM
I think newbie traders shouldn't started trade with big amount of dollars, start with small amount if loss what you can afford also you can gain experience in trading.
A lot of ways to learn trade by practicing in demo trade and watch videos on youtube to gather your knowledge. Success will not come in a day in crypto trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: AakZaki on November 20, 2023, 05:29:50 PM
Those are common scenarios and it cant really be denied on which majority of us did really come into that point and since we are really that still lucking some skills and knowledge then it would really be that likely an approach that we are really that able to do so which i could say that it would be typical or normal. Some might be able to avoid on reading up someones experience but eventually they do really still end up on getting on the same mistakes. Experience would be your best teacher, those things that you do have in mind on the time that you are still newbie will eventually be cleared up and make you realized on whats possible and the impossible ones. You could really be able to differentiate those two and this is something that you should really be that trying out to absorbed along the way.

Confidence would really be slowly be building up on the time that you would really be gaining experience and the main key for this one is on that continous dealing or engagement with trading within the market.
You would really be able to find yourself that slowly be progressing in terms of skills and experience on which it would be something helpful on your part as you do go ahead.
You should really be that sensible and versatile on whatever the hurdles and challenges that you do face on.
Continuing to be involved in trading will indeed provide a good experience, but now we have to be smarter in doing new things.
Watch and observe how other people gain experience in their trading.
We can see and copy what they do and avoid the mistakes they make.
There are no guarantees, but it needs to be done. Rather than just acting stupidly going into investments without any knowledge, it will just be a bad experience that doesn't provide any new lessons.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: tjtonmoy on November 20, 2023, 06:57:04 PM
Practice makes you perfect and not every trade is going to be a win. Winning and losing are both part of trading. The more you trade, the better understanding of trading you get. Overtime you become good at it and you gain confidence in that process. As a newbie, I would suggest making a budget with which you are going to learn how to trade. Do not go for demo accounts as they do not hold the same sentiments as real money.

Set up a budget and then use the minimum amount that is allowed on any platform for trading. That minimum amount is for learning and you should never trade for profit in this process. Think of it like buying a subscription for something. In this case, it is trading. You are buying a subscription to learn how to trade. The amount should already be considered gone that way emotions won't come in between. This way you learn to lose, get control over your emotion and most importantly you learn how to trade. If followed exactly as described, you can easily overcome the hurdles and gain confidence as a newbie. Just don't overthink it.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: DVlog on November 20, 2023, 08:21:53 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

A newbie always looks for ways to do successful trade but they need to understand that you need to learn how to manage your risk first. Your gains from 10 trades can be lost with one single bad trade. To overcome these hurdles you need to first build a money management strategy that you can use for trading. Your strategy won't be perfect at first but it will be developed over time You need to have at least a money management strategy that will give you confidence that your losses can climb up to a certain percent. Your balance will not go down to zero if you follow your money management strategy.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Mahanton on November 20, 2023, 08:54:19 PM
Those are common scenarios and it cant really be denied on which majority of us did really come into that point and since we are really that still lucking some skills and knowledge then it would really be that likely an approach that we are really that able to do so which i could say that it would be typical or normal. Some might be able to avoid on reading up someones experience but eventually they do really still end up on getting on the same mistakes. Experience would be your best teacher, those things that you do have in mind on the time that you are still newbie will eventually be cleared up and make you realized on whats possible and the impossible ones. You could really be able to differentiate those two and this is something that you should really be that trying out to absorbed along the way.

Confidence would really be slowly be building up on the time that you would really be gaining experience and the main key for this one is on that continous dealing or engagement with trading within the market.
You would really be able to find yourself that slowly be progressing in terms of skills and experience on which it would be something helpful on your part as you do go ahead.
You should really be that sensible and versatile on whatever the hurdles and challenges that you do face on.
Continuing to be involved in trading will indeed provide a good experience, but now we have to be smarter in doing new things.
Watch and observe how other people gain experience in their trading.
We can see and copy what they do and avoid the mistakes they make.
There are no guarantees, but it needs to be done. Rather than just acting stupidly going into investments without any knowledge, it will just be a bad experience that doesn't provide any new lessons.
Experience would be always the best teacher on which i do agree that when it comes to learning then experience would be the key, just like been said above that the more you do deal the more learning you could get.
You arent really just that enhancing your skills but also you are really that enhancing your emotional aspects as well and decision making on which in overall it would really be that something that you could really be able to
learnt up along the way.It would really be just that matter on how serious a certain individual on enhancing up his skills or broaden up his/her knowledge. It all matters on the effort
that you are really that doing or else then you wont really be having those advancement.

You would really be looking yourself that be stagnant if you dont really be minding about on having those kind of steps towards the career that you are really that involving into. We do all start on being a newbie
on which it is really just that normal that you would really be that having that kind of approach on which you would be thriving on learning up things along the way.
Be versatile and able to adapt immediately on whatever things that you do able to encounter.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: AakZaki on November 21, 2023, 04:10:10 PM
Experience would be always the best teacher on which i do agree that when it comes to learning then experience would be the key, just like been said above that the more you do deal the more learning you could get.
You arent really just that enhancing your skills but also you are really that enhancing your emotional aspects as well and decision making on which in overall it would really be that something that you could really be able to
learnt up along the way.It would really be just that matter on how serious a certain individual on enhancing up his skills or broaden up his/her knowledge. It all matters on the effort
that you are really that doing or else then you wont really be having those advancement.

You would really be looking yourself that be stagnant if you dont really be minding about on having those kind of steps towards the career that you are really that involving into. We do all start on being a newbie
on which it is really just that normal that you would really be that having that kind of approach on which you would be thriving on learning up things along the way.
Be versatile and able to adapt immediately on whatever things that you do able to encounter.
Effort or an effort carried out seriously will produce results that are in line with expectations. When someone starts learning and improving their skills, they have moved to the next level. I always emphasize to every beginner that if you want to be successful in anything, that is to always learn the necessary basics and do it slowly until you understand then follow what the whales do, follow their way of thinking, not against it.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Ndabagi01 on November 21, 2023, 04:57:32 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

If you are already doubting your confidence level before you have even begun trading, this is a red flag that trading is not for you. Most traders are perceived as gamblers, and gamblers are always emotional, which is not a good indicator of a strong trader. If you can overcome your emotions and are willing to risk your money, your trading confidence will grow and you will become better at it over time. No one will encourage you as a beginner to start trading so quickly if you do not understand the principles of trading. Newcomers should avoid trading because it will just make them lose faith in cryptocurrencies.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: milewilda on November 21, 2023, 06:10:32 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

If you are already doubting your confidence level before you have even begun trading, this is a red flag that trading is not for you. Most traders are perceived as gamblers, and gamblers are always emotional, which is not a good indicator of a strong trader. If you can overcome your emotions and are willing to risk your money, your trading confidence will grow and you will become better at it over time. No one will encourage you as a beginner to start trading so quickly if you do not understand the principles of trading. Newcomers should avoid trading because it will just make them lose faith in cryptocurrencies.
Are these emotions a little bit common just like when you are doing something on your first time? If you are really that basing on this then you wont really be finding yourself that progressive.
Why? You would normally be having doubts on dealing up with something just because you do know that you arent knowledgeable or does have the skills, if you do have those kind of initial
thoughts and impressions and you do basically seeing this as a red flag directly and quit up or avoid it then i dont see for it to be something to be that recommended on doing so most of the time.

It is really just that normal that you would really be having kind of doubts and you should really be that giving yourself some chance to prove out that you could really be able to learn up
things basing up on what you are seeing and shouldnt really be avoiding just because you do have those kind of initial doubts on which i should say that it is really just that normal
and this isnt a solid indication that you should be quitting or trying out to avoid or reject on learning it. You wont really be finding yourself on learning and gaining
that confidence if you do have that kind of criteria.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: wiss19 on November 22, 2023, 06:16:49 PM
The information won't be overwhelming if proper and wise research is done. Seeing or reading something somewhere on the internet and believing it is not the right approach because the internet is full of falsified information and many sources are not to be trusted. So, a newbie should always double or triple check a piece of information that they read or see just so that they can keep their knowledge and information purely correct and not learn wrong things.

There is one more thing that new investors do which they shouldn't, they are always in a hurry, as soon as they enter the industry, they start looking for ways to start trading and earn money, they look for tutorials and signal groups to start trading, and that isn't the right thing to do. One should take things easy, start learning from the scratch if they have no knowledge and go slowly, there will be enough time for them to earn money but knowledge and experience is important for that.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Bushdark on November 22, 2023, 06:42:09 PM
I think newbie traders shouldn't started trade with big amount of dollars, start with small amount if loss what you can afford also you can gain experience in trading.
A lot of ways to learn trade by practicing in demo trade and watch videos on youtube to gather your knowledge. Success will not come in a day in crypto trading.
Everything is a matter of time and we don't need to take things too fast whether we are newbies or an experienced traders in the market.
We need to trade gradually according to the amount we can afford. We should also note that trading is very risky and any project or trades we are putting our funds must be what we are able to afford not getting loan or lending money from people around us to aid us trade very well. We'll need to trar with confidence so we can be agile and fit in and make confident decisions.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: South Park on November 23, 2023, 09:06:15 PM
The information won't be overwhelming if proper and wise research is done. Seeing or reading something somewhere on the internet and believing it is not the right approach because the internet is full of falsified information and many sources are not to be trusted. So, a newbie should always double or triple check a piece of information that they read or see just so that they can keep their knowledge and information purely correct and not learn wrong things.

There is one more thing that new investors do which they shouldn't, they are always in a hurry, as soon as they enter the industry, they start looking for ways to start trading and earn money, they look for tutorials and signal groups to start trading, and that isn't the right thing to do. One should take things easy, start learning from the scratch if they have no knowledge and go slowly, there will be enough time for them to earn money but knowledge and experience is important for that.
Without a doubt the haste employed by newbies when trading the markets plays against them, they seem to believe that either the opportunities to trade will dry up, a ridiculous notion as there is always several assets giving huge profits at any given time, or they want to become rich as quickly as possible, since they think trading the markets is very easy, a notion that makes no sense either, as even if that was true then the more people will come to the market and increase the level of competition until trading was not easy anymore.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: dunfida on November 24, 2023, 01:25:16 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
1. Don't trade
2. Read more and watch trading videos or listen to podcasts with the aim of learning.
3. Choose coins that will last a long time. Don't choose coins that end up in discards.

Theoretically, trading carries a large risk of losing money. Trading requires extra time to control trading activities such as rising and falling prices. We don't forbid it.
So, what do beginners who want to trade do? Three points above are basic for beginners before getting to many other points regarding trading.

#3

It would change overtime considering that not all people would really be that patient on waiting for long time and this is the moment or really just that a normal approach that they would really be finding or looking with those low cap altcoins rather than on sticking into those top ranking ones which movement isnt really that too much and this is something that newbies doesnt like because getting rich is really just that slow. LOL!
Confidence could really be built overtime and this is something that  you could really be able to gain via real experience and this is something that cant really be up in a hurry.
There really just those people who are really that a in hurry when dealing up with things.

Newbie do usually ends up on a disaster if they would really be tending to rush up on things on what they should or must do. Trading isnt a sprint but rather its a marathon on which if you do make yourself
in a hurry then you would really be might be having tons of mistakes or errors since you would really be that mind boggled that you should really be faster on doing things
whereas compared to those who are gradually learning at the same time gradually making that progress and making money. Although its not an assurance
but at least you do already know on what you've been doing.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: taufik123 on November 24, 2023, 09:52:17 PM
-snip-
whereas compared to those who are gradually learning at the same time gradually making that progress and making money. Although its not an assurance
but at least you do already know on what you've been doing.
Learning to trade gradually will give you better trading knowledge and know some details that will not be missed.
That will provide a good foundation of trading knowledge, ranging from basic knowledge to more complex trading knowledge.

Now to get trading knowledge is very easy, you can learn anywhere, but learning in a marathon way will not give you better knowledge.
There will be differences of course and this also has to do with how knowledgeable you are about trading.

Learning gradually also provides a good trading experience and can create a strategy that will be tailored to your way of trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: aylabadia05 on November 25, 2023, 11:57:08 AM
[snip]
[snip]

Newbie do usually ends up on a disaster if they would really be tending to rush up on things on what they should or must do. Trading isnt a sprint but rather its a marathon on which if you do make yourself
in a hurry then you would really be might be having tons of mistakes or errors since you would really be that mind boggled that you should really be faster on doing things
whereas compared to those who are gradually learning at the same time gradually making that progress and making money. Although its not an assurance
but at least you do already know on what you've been doing.
I think beginners need to consider this relaxed pattern in trading even for those who are no longer beginners need to consider it.
I like that trading is not a sprint but a marathon. The starting position was crowded but only a few reached the finish line. To get to the finish line, the right training pattern is very crucial. If you make a mistake in your training pattern, there is a risk that someone will fall because of unbalanced breathing and that is the risk.

As in my previous post on this topic, in the first place I mentioned don't trade because trading is not easy but can be made easy if the second point is willing to be done, so that when entering the third point, someone will know what coins are worth trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: bettercrypto on November 25, 2023, 01:49:45 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

Many newbies enter the crypto trading market with confidence because they got carried away by the hyped trend about it. That means, because of the height of their belief in the hype, they immediately decided to invest in a class of investment here in the crypto space.

Most of those newbies have zero knowledge of the crypto industry; that's why most of them are frustrated in the cryptocurrency business, and only a few have continued and are still learning it today.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Charmekkd on November 25, 2023, 03:10:34 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
If you want to gain very strong confidence when trading bitcoin or altcoins. You just need to learn all the important things related to it. Because if your knowledge about bitcoin or crypto trading is very mature, I'm sure your self-confidence will be stronger. Because just think about the factors that make someone not have strong self-confidence. Of course the most prominent factor is lack of knowledge. Therefore, in bitcoin and crypto trading, this also applies. Therefore, when you want to start trading bitcoin or crypto, the first step you have to do is learn about it first. So that you can be more confident and be able to avoid bad things, such as losses or being exposed to fraud.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: boty on November 25, 2023, 04:31:06 PM
Many newbies enter the crypto trading market with confidence because they got carried away by the hyped trend about it. That means, because of the height of their belief in the hype, they immediately decided to invest in a class of investment here in the crypto space.

Most of those newbies have zero knowledge of the crypto industry; that's why most of them are frustrated in the cryptocurrency business, and only a few have continued and are still learning it today.
If they decide to enter the crypto world just following the growing trend, I don't think they will be able to survive long in investing, because they don't have any knowledge about crypto so they will suffer losses easily, for those who continue to study the failures that have occurred. They will of course be able to survive the investments they make and will also be able to gain profits from the investments or trading they make.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: EarnOnVictor on November 27, 2023, 12:34:01 PM
The information won't be overwhelming if proper and wise research is done. Seeing or reading something somewhere on the internet and believing it is not the right approach because the internet is full of falsified information and many sources are not to be trusted. So, a newbie should always double or triple check a piece of information that they read or see just so that they can keep their knowledge and information purely correct and not learn wrong things.

There is one more thing that new investors do which they shouldn't, they are always in a hurry, as soon as they enter the industry, they start looking for ways to start trading and earn money, they look for tutorials and signal groups to start trading, and that isn't the right thing to do. One should take things easy, start learning from the scratch if they have no knowledge and go slowly, there will be enough time for them to earn money but knowledge and experience is important for that.
Without a doubt the haste employed by newbies when trading the markets plays against them, they seem to believe that either the opportunities to trade will dry up, a ridiculous notion as there is always several assets giving huge profits at any given time, or they want to become rich as quickly as possible, since they think trading the markets is very easy, a notion that makes no sense either, as even if that was true then the more people will come to the market and increase the level of competition until trading was not easy anymore.
Trading has never been easy, only that people often believe so but they get to understand the real deal when they start trading. Experience is the master here and I can remember when I newly started trading, I believed I could easily be gaining on the very first day of my deposit due to the anxiety that all the things I needed to know were easy and I had already known them. But I was wrong, the first $1,500 I deposited went off within 2 days, this got me angry and I deposited another $750 which was lost in just a day. It went on and on like that until I gave up and started learning and trading more. In short, the journey was never easy and even the money that was meant for other purposes was wasted just because I knew I would get the code that unlocks the success in trading. Guess what, I later did... ;).

But it took me more than 10 years of wasted time and resources. This is why I always advise newbies to be calm and focus on learning and training, and even if they would deposit at all, let them start with ridiculously low amounts. Not that they will believe they can just hit it big in trading at first, regret has always been the end result in such a case.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: MIner1448 on November 27, 2023, 06:31:30 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
Confidence comes only with knowledge of the matter; if you hone your skills and abilities more and more and constantly learn, confidence comes on its own. In cryptocurrency trading there is no other way, either you are an expert, well-read and experienced, or an insecure user who constantly gives your profit to others.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: justdimin on November 28, 2023, 01:22:53 PM
Trading has never been easy, only that people often believe so but they get to understand the real deal when they start trading. Experience is the master here and I can remember when I newly started trading, I believed I could easily be gaining on the very first day of my deposit due to the anxiety that all the things I needed to know were easy and I had already known them. But I was wrong, the first $1,500 I deposited went off within 2 days, this got me angry and I deposited another $750 which was lost in just a day. It went on and on like that until I gave up and started learning and trading more. In short, the journey was never easy and even the money that was meant for other purposes was wasted just because I knew I would get the code that unlocks the success in trading. Guess what, I later did... ;).

But it took me more than 10 years of wasted time and resources. This is why I always advise newbies to be calm and focus on learning and training, and even if they would deposit at all, let them start with ridiculously low amounts. Not that they will believe they can just hit it big in trading at first, regret has always been the end result in such a case.
That's the trouble with newbies, there is this roller coaster ride when you are trading. You start thinking you are going to be just like everyone else, then you realize you are not making profit like others and you start to think you won't, if you can push through that period and do fine, then you start to realize you are going to make money after all eventually when you get better and better.

This is the hardest ride, because not everyone can do the same thing and it does hurt you in the end, if people start thinking they will make a profit, and they end up with not getting anything then they will be quite upset about it, but that's a risk and they should try to avoid that as much as they can, this turns into thinking they won't be making and will just lose, then that's going to be quite troublesome as well and won't be all that easy. I think it's quite important to realize the best you can do will be just focusing on what you could do eventually by studying hard.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Hamphser on November 28, 2023, 01:45:20 PM
Trading has never been easy, only that people often believe so but they get to understand the real deal when they start trading. Experience is the master here and I can remember when I newly started trading, I believed I could easily be gaining on the very first day of my deposit due to the anxiety that all the things I needed to know were easy and I had already known them. But I was wrong, the first $1,500 I deposited went off within 2 days, this got me angry and I deposited another $750 which was lost in just a day. It went on and on like that until I gave up and started learning and trading more. In short, the journey was never easy and even the money that was meant for other purposes was wasted just because I knew I would get the code that unlocks the success in trading. Guess what, I later did... ;).

But it took me more than 10 years of wasted time and resources. This is why I always advise newbies to be calm and focus on learning and training, and even if they would deposit at all, let them start with ridiculously low amounts. Not that they will believe they can just hit it big in trading at first, regret has always been the end result in such a case.
That's the trouble with newbies, there is this roller coaster ride when you are trading. You start thinking you are going to be just like everyone else, then you realize you are not making profit like others and you start to think you won't, if you can push through that period and do fine, then you start to realize you are going to make money after all eventually when you get better and better.

This is the hardest ride, because not everyone can do the same thing and it does hurt you in the end, if people start thinking they will make a profit, and they end up with not getting anything then they will be quite upset about it, but that's a risk and they should try to avoid that as much as they can, this turns into thinking they won't be making and will just lose, then that's going to be quite troublesome as well and won't be all that easy. I think it's quite important to realize the best you can do will be just focusing on what you could do eventually by studying hard.
There would be no exemption if we so speak about that roller-coaster ride like into this market whether you are an expert or would be a noob. There's no way that we could be able to avoid.
The main difference here is on the knowledge and skills on the two on which it is that common sense on who do have the upperhand specially on dealing with this market.
Come to think that everyone starts on being a newbie so it is really that normal that they will really be making out actions which we know that it could be resulting into losses but we know
that if those losses arent present then people wont really be able to learn.

Overcoming hurdles and challenges would be entirely be depending on how you do welcome and how you do make adjustments into it. Its not simple or easy but doesnt mean
that it would be that impossible to learn up. Just dont make yourself in a hurry then you should be fine. Learning process or stage should be taken up seriously
and not on something that do speak about being too confident that they could do but on the time that they are on the field then this is where
things do start up.



Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: knowngunman on November 28, 2023, 03:38:54 PM
My advice to new traders is
1. Make sure you invest what you can afford to lose and start with the smallest amount possible
2. Look for new coins with good partners, such as top exchanges and well-known investors
3. Research every coin adequately and go for a project with proper valuations and a shorter roadmap that can not trap your investments beyond the expected bull market
4. To be in a safe position, invest more in coins before Bitcoin halving and maybe 2 months after

The point you highlighted above are very useful but I think you're missing the point the op is coming from. What listed above are safety tips for investment and the op is talking about how one was able to gain confidence to trade when they were beginner. Let me clarify something based on my understanding, trading is buying and selling of assets within a short time frame in order to make quick profit and investment is buying of assets to hold for a longer period of time and sell when you are satisfied with the profits earned. So, as far as I know, trading and investment are two different things thou they are somehow related in the sense that they are both after making profits in the end. One can make use of these key points you mentioned aboved if they are interested to invest for a long period of time. I know the importance of diversification but you also need to be careful with new projects who have not proven themselves in the market.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: AnonBitCoiner on November 29, 2023, 05:55:24 PM
Confidence comes only with knowledge of the matter; if you hone your skills and abilities more and more and constantly learn, confidence comes on its own. In cryptocurrency trading there is no other way, either you are an expert, well-read and experienced, or an insecure user who constantly gives your profit to others.

That's true if you have talent and know everything then your confidence will definitely increase because you will then easily use your talent to get benefit. But if you don't know what to do then you will shy to take forward step or if you take step and that step become wrong then your confidence and courage both will reduces. In trading you should be serious about your win and loss because its not about a single defeat but due to this single loss you will loss large part of your money.

Learn well to use your skills in trading and also read carefully the price graph which can help you to indicate market and then make a useful decision. Newbies often loss at start but if they use their skills then they can quickly become a successful trader as success always comes after get experience in trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Bushdark on November 29, 2023, 06:08:16 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
Confidence comes only with knowledge of the matter; if you hone your skills and abilities more and more and constantly learn, confidence comes on its own. In cryptocurrency trading there is no other way, either you are an expert, well-read and experienced, or an insecure user who constantly gives your profit to others.
One if the ways we can get confidence while trading is for us to keep trading so that we can develop a strong attitude to trading with confidence. Also using a strategy is one of the ways we can become a more confident trader because we would have tested the strategy and see if it works well for us. Gaining confidence as a trader is a matter of consistency for us to get to a level where we can boast about the strategy we are using and how to make it perfect. We alos need to trade with the necessary tools to become confidence in the market.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Timmzzy on November 30, 2023, 11:22:18 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.

This question made me to remember a friend on CALL OF DUTY MOBILE as we were about entering game he asked me how do I get the confidence to take trades as in not get scared if I will loss or gain, there I said to him when your setups is right in your face and let's say u have flashcards of most previous trades that has same particular setups there you will be confident of the trade you are about to take, and to add on that trading is a 50/50 thing win or lose, so as you are about to embark on it just know that and know PEACE.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: peter0425 on December 01, 2023, 05:33:58 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
You don't have to dig in if you have no complete understanding and that is what you need to do as newbie , or else if you truly wanted to have crypto then best for you to temporarily invest and Hold while trying to learn how to trade.

In this sense you will lessen the chance of losing and also the chance of blaming everything because of your stupidity .

Newbie must not trade , instead newbie must HODL or study first , so there is no need for overcoming instead pursuing is what we need.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: dunfida on December 01, 2023, 08:45:47 AM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
Confidence comes only with knowledge of the matter; if you hone your skills and abilities more and more and constantly learn, confidence comes on its own. In cryptocurrency trading there is no other way, either you are an expert, well-read and experienced, or an insecure user who constantly gives your profit to others.
One if the ways we can get confidence while trading is for us to keep trading so that we can develop a strong attitude to trading with confidence. Also using a strategy is one of the ways we can become a more confident trader because we would have tested the strategy and see if it works well for us. Gaining confidence as a trader is a matter of consistency for us to get to a level where we can boast about the strategy we are using and how to make it perfect. We alos need to trade with the necessary tools to become confidence in the market.
On the time that you do start up then it would really be always best that you should really keeping on engaging with trading because experience is the best teacher and this is something which it is normal.
Startup with small amounts and never ever make yourself that look like a gambler on who do really love on making some all in kind of trading. You wont really be able to go further if you do make yourself that
having that kind of behavior. Hurdles and challenges would really be along the way on which it is really that part of the learning process, even if you do consider out yourself to be that veteran or have been here
on this market for a while, you would really be still inevitably able to experience these things no matter what.

The difference on here is that whenever you are already experience then you do already know on what you should gonna do. You would really be able to gain that confidence on the time
that you would really be able to gain experience along the way.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: taufik123 on December 01, 2023, 01:18:54 PM
-snip-
Startup with small amounts and never ever make yourself that look like a gambler on who do really love on making some all in kind of trading. You wont really be able to go further if you do make yourself that
-snip-
As beginners, if they have a lot of financial support to trade, they will tend to use a fairly large amount to trade,
because they think any trade that uses a lot of money, it will make a lot of profits in an instant.

Though, it will be more risky to lose more money.
Moreover, trading with Futures Mode, beginners only second-guess the price and this is the same as gambling.
Liquidity's wrong guess will come and take it all.

Then you need good basic knowledge and self-control not to use all the money.
There must be good capital management for the trade to go as planned.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Litzki1990 on December 02, 2023, 03:59:23 AM
The starting point of any business is very difficult for a businessman. It takes a lot of time for a trader to understand how to trade. Where other businesses require a lot of thought, trading in Bitcoin requires a little more thought and a little more challenge in the beginning. It is difficult for a bitcoin trader to make a decision in the beginning, a bitcoin trader starts his business from the dilemma of what decision to make for his business and which decision will go in his favor or which decision will go against him. I didn't think much about this bitcoin business in the beginning, since I started my business with a small amount of money in the beginning, the volatility of the market did not cause me to be restless, but I trusted myself and waited for the good market time. With enough patience, courage and self-confidence, I got through the beginning of Bitcoin trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: TakeSR20 on December 02, 2023, 08:42:06 AM
It is better not to have confidence and not trade if not following the trading rules.
If you're a newbie, confidence is the result of backtesting your strategy.
If you're an intermediate trader, consistency will give you more confidence.
If someone says that he is confident but didn't backtest and encounter many loses, he probably lying to himself.

Your level of confidence will decrease as you lose more money trading.

I fully agree with all these statements. On this post there are many answers mixed: some people giving advice as investors... others as traders.

But is important these kind of posts for newbies and for intermediates traders that find themshelves on a lost pattern (maybe there are not intermediate at all). I would like to point, based in my experience, what is needed to begin to trade for newbies with some confidence:

1. Read books and avoid paid groups, paid courses, youtube videos and so on. Reading books about trading has been the most fulfilling experience for me.
2. Understand the market via backtesting the asset, commodity, forex or crypto you want to trade.
3. Again, backtest an strategy that you think might work. At least with 10.000 candles, preferred 20.000 or more. (be happy to design strategies with a win ratio of 40%)
3. Don't trade in the first years with small timeframes (5m, 10m, 15m...). Better trade in 1h, 4h, 1d...
4. Paper trade during a period of 100 trades at least. That means live trading with a demo account or just writing the calls you would have taken, and why.
5. Make a log in excel of all of your trades, including emotions while opening, surfing and closing the trade.
6. Don't leverage more than 3x-4x, and be constant with the same leverage for all your positions on that pair.

To finish I want to share a sentence from Peter Brandt's book "Diary of a Professional Commodity Trader" that is so true: Like it or not, buy-and-hold strategies are a joke. Every decision you make in life represents a trade-off. Everything is a trade. Everything is a gamble.

Any strategy should outperform all crypto bullmarket-bearmarket.



Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: TelolettOm on December 02, 2023, 11:56:33 PM
Entering the world of Bitcoin trading can be both exciting and daunting, especially for newcomers. The volatile nature of cryptocurrency markets and the plethora of information available can sometimes overwhelm new traders.

Todays question i would share how we overcame these hurdles and gain confidence to trade as a Newbie?.
It cannot be denied that trading is very difficult to get profits or gains consistently and to manage yourself to do it wisely and smartly. especially an newbie. However, that doesn't mean it's impossible. A newbie can also do extraordinary things if he is really serious about trading. Usually, they will study first to prepare themselves with adequate knowledge and really good skills and skills. especially with emotional maturity which may be done gradually. It's not easy to become a pro trader, but it can be done gradually through a process that is certainly not easy. As long as you don't actually trade with zero knowledge, of course a newbie can also develop well. Once again, make sure you can control yourself and your emotions so that you can survive in any condition.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Rehan Zakir on December 03, 2023, 06:50:47 PM
I know just one thing that practice makes the man perfect. If you do practice continuously then one day you will definitely succeed. I think trading is not a skill. It's a passion.
A trader always find opportunities in making profit. A best trader is who that wait for the right time to take entry in the market


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: I_Anime on December 03, 2023, 09:29:55 PM
Trading can be really challenging for both new and old traders. To be honest trading is not all about the number of advices given to you, normally all the advices are good but all that matters is how you follow them. So all you just need is self control and principles. know when to trade and when to not, know when to call it a day no matter the profit or the losses y. And focus more on lesser losses even when it make your profit low.
 
And don't forget always trade %1 of your cash as a new trader....


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: JoyMarsha on December 03, 2023, 09:34:46 PM
A newbie can only be confident in trading if he or she has mastered how to trade after learning it for several months or years depending on how fast he or she is. That's when the newbie will talk about being confident in trading.

For someone to call themselves a confident trader, they must have learned how to control their emotions long ago, not to be moved by tears even when lost a huge amount in trading. That takes a long while for someone to learn how to keep their emotions in check and choose a confident approach to their trading instead.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Viscore on December 03, 2023, 09:43:00 PM
Confidence comes only with knowledge of the matter; if you hone your skills and abilities more and more and constantly learn, confidence comes on its own. In cryptocurrency trading there is no other way, either you are an expert, well-read and experienced, or an insecure user who constantly gives your profit to others.

That's true if you have talent and know everything then your confidence will definitely increase because you will then easily use your talent to get benefit. But if you don't know what to do then you will shy to take forward step or if you take step and that step become wrong then your confidence and courage both will reduces. In trading you should be serious about your win and loss because its not about a single defeat but due to this single loss you will loss large part of your money.

Learn well to use your skills in trading and also read carefully the price graph which can help you to indicate market and then make a useful decision. Newbies often loss at start but if they use their skills then they can quickly become a successful trader as success always comes after get experience in trading.
Your experience in the market will always be a big factor to boost your confidence in trading. Despite of the losses you achieved through trading, you are also learning from them that makes you an improved trader in the process.Trading is not easy and it takes a lot of knowledge and skills for you to become a successful trader. If you know how to value your past trades regardless if they are wins or loss, that will be a good factor to make you a confident trader in the market.

Confidence is built through years in trading, and that will only happen if you don't quit easily despite of the struggles and hardships you experience in trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Fredomago on December 03, 2023, 09:51:25 PM
Confidence comes only with knowledge of the matter; if you hone your skills and abilities more and more and constantly learn, confidence comes on its own. In cryptocurrency trading there is no other way, either you are an expert, well-read and experienced, or an insecure user who constantly gives your profit to others.

That's true if you have talent and know everything then your confidence will definitely increase because you will then easily use your talent to get benefit. But if you don't know what to do then you will shy to take forward step or if you take step and that step become wrong then your confidence and courage both will reduces. In trading you should be serious about your win and loss because its not about a single defeat but due to this single loss you will loss large part of your money.

Learn well to use your skills in trading and also read carefully the price graph which can help you to indicate market and then make a useful decision. Newbies often loss at start but if they use their skills then they can quickly become a successful trader as success always comes after get experience in trading.
Your experience in the market will always be a big factor to boost your confidence in trading. Despite of the losses you achieved through trading, you are also learning from them that makes you an improved trader in the process.Trading is not easy and it takes a lot of knowledge and skills for you to become a successful trader. If you know how to value your past trades regardless if they are wins or loss, that will be a good factor to make you a confident trader in the market.

Confidence is built through years in trading, and that will only happen if you don't quit easily despite of the struggles and hardships you experience in trading.

Despite of many struggles and hardships  in life during your investment or trading, you should always find that wisdom to keep moving forward,  confidence can be developed if you are keen in learning everything that will guide you to succeed.  Many people quit right after that bad experience which commonly happens with newcomers.

But if you are aiming to succeed better to use that mistake or failure to improve and keep that positive mindset to develop good skills in anticipating better outcome.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Russlenat on December 03, 2023, 09:56:23 PM
By learning from all my mistakes in trading and decide not to quit but continue to trade as long as there are available funds enough to trade. I know that trading is really hard and tough, but if you are determined to win from your trades and be profitable just like other traders, then you should hold into it that one day with your patience and positive motivation, you will also make the most in trading.

Gaining confidence in trading never happens in an instant, but with continued trading and trading for every possible winning trade, that experience boost my confidence in trading.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Cryptmuster on December 04, 2023, 09:15:12 AM
Despite of many struggles and hardships  in life during your investment or trading, you should always find that wisdom to keep moving forward,  confidence can be developed if you are keen in learning everything that will guide you to succeed.  Many people quit right after that bad experience which commonly happens with newcomers.

But if you are aiming to succeed better to use that mistake or failure to improve and keep that positive mindset to develop good skills in anticipating better outcome.

I have once again reviewed the profit that I currently have in trading and am again convinced that holding can bring greater profits with significantly less time spent. A trade can be good to increase the quantity of coins you hold, but this is only if you are good at it. Otherwise, it’s better to just hold and wait for growth, this will work for anyone who has enough patience to get the expected result.

This is especially true for beginners who have not yet developed a clear strategy and do not understand how everything works. In this case, it is simply better to buy and hold, this will give you a better chance of making a profit.


Title: Re: How did you overcome the hurdles and gain confidence to trade as a Newbie?
Post by: Fredomago on December 05, 2023, 10:59:45 AM
Despite of many struggles and hardships  in life during your investment or trading, you should always find that wisdom to keep moving forward,  confidence can be developed if you are keen in learning everything that will guide you to succeed.  Many people quit right after that bad experience which commonly happens with newcomers.

But if you are aiming to succeed better to use that mistake or failure to improve and keep that positive mindset to develop good skills in anticipating better outcome.

I have once again reviewed the profit that I currently have in trading and am again convinced that holding can bring greater profits with significantly less time spent. A trade can be good to increase the quantity of coins you hold, but this is only if you are good at it. Otherwise, it’s better to just hold and wait for growth, this will work for anyone who has enough patience to get the expected result.

This is especially true for beginners who have not yet developed a clear strategy and do not understand how everything works. In this case, it is simply better to buy and hold, this will give you a better chance of making a profit.

I agree with that principle as long as newcomer have that long patience before entering this business, it's important to know every factor that will allow you to gain profits, while in the process learning different things can establish your understanding and that will take place if patience is already installed inside you.

With every market movements there's corresponding reaction, having that skills of adopting coming from every experienced that
you will encounter will lead you to a much better results.