Bitcoin Forum

Newbies when it comes to trading you have to work on discovering yourself and not to basically depend on a  third-party or trading signals before you can execute a trade. You can rely on signals from those you view as professionals and still would not make profits and the reason for this isn't far fetched from the truth. It is because since it's not your analytics you have no comprehension to build confidence on the basis to why the signal request you to either sell or buy which makes any little falllback, retreat or retracements of the market in the process of your trading causes you a cold feet and extreme fright.

So the earlier every newbie interested trader understands that the period  he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes  directly out of your own self-made analytical work.

Common mistakes of those newbies in trading are being hyped and excited about the profit they are seeing when they see advertising or influencers that are flexing their earnings from trading. They think it is easy as that without knowing that those influencers or ads don't show the hardship or grey part of trading. Trading has a lot of chances of losing money depending on how competent and skilled you are. Trading is a continuous learning and trial and error. If you can't handle the thought of losing money, then it can't be sure that you can survive in this industry.

There are many posts or topics about advice or reminding new traders of what they should do and not do, but it will not be effective if they don't read those topics. How about those traders who are not familiar with this forum? How can we reach them about this kind of topic so that they can avoid what they are doing wrong in trading?

I can relate and most newbies will also. Because of social media platforms, a lot of people taking advantage it, and some newbies are expecting too much because also by them, they are luring these people just to sign up under their referral link and some are using fake accounts or screenshots just to show they are profitable.

Newbies not know about the trading strategy and how to work it actually that's why they asking like this. because they think trading is easy and it can bring a good profit and it only require investment but they Don't know this is high risky and it require a potential analyses to get a good return of profit. trading not for everyone they actually not ready to accept it. but when they achieve some knowledge then they realize what kind of mistake they did on beginning lavel

I must say you have good points there but that's for those who want to become traders, some people are not just interested in becoming traders, they want to just earn from the market. You will be surprised that many of them are even earning more in the market compared to those who want to become traders who are just losing their money always. This is not to discourage anyone, if you want to be a trader, just go for the learning, train yourself and gain experience. This is because even if you have a trader you rely upon today, what if something happens to the trader or you just lose access to the service/signal source? This is why one has to be independent, but you might do the two together as you might start by learning and also gaining the expert's advice/signals from the external sources until you break away when you are good and are sure of the independence of any external traders.

But to some, they do not just have the time to trade and they want to earn from the market, this is why they might either look for the services of bots, external signal services or copy trading. Among all, I am sure that copy trading is working for some of them. In fact, some have mastered it as a follower to the extent that they know how to join different accounts at the same or different time and continue to master and manage their followership. They make money from this and are not even bothered to become a trader anymore. Now, it absolutely depends on what you want in trading and how you also view this. Many are following and making the money and others are trying to build their trading career and are losing. The copy trading services started over 15 years ago, not the crypto era, so some are also used to it and it works for them.

Newbies should just forget about relying with shortcuts and trade signals but none of them will help them thrive to be a good trader. But if they want to taste how it is going to be with having bad experience then they can try if they are okay burning their money.
Because no matter how they shill these groups and trading signals, only owners of it will profit.

A common problem is that newbies pretend to be knowledgeable about trading but they are empty. They just know how to buy and sell but it is not enough to become a profitable trader, it actually needs deep understanding and technical knowledge.

I would not recommend them to learn trading alone but better to have a trusted someone to accompany with. However, doing this would never be long at least gaining some experience and ideas about the real trading life will be good enough to stand and trade alone. In fact, everything can be learned as we continue to trade - learn from mistakes. Perhaps, nobody had started with full of knowledge and skill but they acquired this along the way. We can do the same for sure...

I think there is not a bad thing if someone depends on technical analysis because at start no one can easily understand the market and no one have any idea about their next step so for such purpose they should learn well and take some help from various groups but after investigation.

I think a person should learn for year to learn about trading and if still he requires more time he should give time to get knowledge because trading is not easy and spending time to learn is better than spending money to loss during trading without knowing about trading.

Well said mate. it is very important for Newbie traders for learn and understand trading by themselves. and also have good self awareness. even if any newcomer want to follow a trading expert, a signal provider or seek any other help. it is important to have basic understanding of charts and market at least.
You cant 100% rely on signatl providers and blindly buy any tokens/coin they suggest at any rate. you need to see the charts and have to understand how much they can be correct. otherwise you would end up loosing all your money in this place.
spending  some time learning instead of loosing money is much better.

You have to understand that trading is a skill and you need to have the right mindset to be a successful trader. We all have different mindsets, so if we are not confident enough with our mindset and knowledge, then copy trading is the best option we have. Follow the best trader in the market and you can earn as much profit as that trader made only by paying a small amount of fees. Developing a professional trader mindset is a time-consuming process so for the long term a newbie should work on that.

You are quite right by opening trades in new position without reason, they lose most of the time because they open without understanding which they have to accept loss. If the newbies give importance to skill weighting at the moment then later it will be seen, that if their skills are good then there will be chances of winning in every trade. New trader can lend itself to trading then trading can bring them a good profit in future. Although there is a preference here, trading can be made a very profitable career if the newbies use it to hone their skills right now.

Logically and theoretically, Newbie's way of working should be like that, but in reality it is very different. Judging from a psychological perspective, people will be more interested in easy ways but with big profits, coupled with the influence of social media which is not filtered at all. There are many invitations or traps for trading and investing that are packaged nicely and make newbies and even anyone who has ever experienced trading tempted. We should care and try to protect ourselves and our family, friends and even people around us so that we don't get caught up in this and start walking in a structured manner as OP said. But unfortunately, if I observe, people who are pros and know about this matter prefer to remain silent and indifferent, so many people/newbies make mistakes and lose.

Relying on trading signals that are distributed for free or for a fee will not create development for traders. especially for a beginner, how long do you have to use analysis from other people? why not believe in your abilities?
There is even a beginner who claims that he learned to trade himself from watching videos on how to trade on YouTube. That means, there are many ways for us to learn trading. There is no reason we don't have time to learn and instantly use the signals we get.

You are actually right bro, nothing beats when you can do it yourself, and almost all of those social media influencer as not as good in trading as they claim, that's why even after buying trading signals from them, their will still be loss, sometimes their will be a sharp change of trend or direction in the market, but due to the fact that you knows nothing about trading yourself, you wouldn't be able to spot it, that's where almost all the losing normally comes from when an individual rely mostly on signals from a second party.

Another thing is that newbie need to understand that it's near impossible for you to be a profitable traders if you have no knowledge yourself about trading, that's why I always echoes it loud that before venturing into trading, make sure you go for knowledge first, get yourself sophisticated with knowledge about the craft first, so that you can be able to navigate your way easily in the crypto market.

When I see newbies try to use trading signals, I do tell them they are taking the wrong step and they should learn to do their analysis themselves and trade by themselves. Some will listen, but some will say they don’t have time to waste and they want to be making money from trading, but people like that will end up losing everything they have in trading. People using signals don’t really have passion for trading, most of them just hear that people are making money, and they also want to make money from trading, but they are not ready to learn.

If you want to be a trader, then you should be ready to learn. Learning should be a continuous process as a trader because you have to keep on upgrading your trading strategy, you can’t keep on using a particular signal forever, you will always improve your strategy, and if you stop learning at some stage, then you won’t be able to improve your strategy.

Usually beginners will be lulled by trading which will increase our income, and when they watch influencers it also makes them more interested in trading with the urge to make money easily, they don't trade because they want to, they only trade to make a profit, it's very difficult said that knowledge or trading skills are far more valuable than profits

Well to be precise they stsrt buying when they see the post. But they didnt know is the influencers probably bought that when its on the red line and ready to pump their bags. Newbies who followed and started to buy will be an exit liquidity for the one who posted. They will noticed that when the influencers starting to be quiet about that project means they already profited from you and you saying thank you and making an engagement on the post also added on their revenues. Tsk a world of deceit and manipulations.

I totally agree.  When you are just starting out trading, it can be totally overwhelming trying to wrap your head around everything that is going on in the markets.  Theres so much complexity and moving parts, you just want someone to give you a simple buy this or sell that signal to follow, right?

But, relying on other peoples trading signals is gonna seriously mess you up in the long run.  It would be like letting some random person take the wheel of your car without knowing if they can actually drive or not.  Risky business!

Cause heres the thing - when you depend on external signals you are basically handing over the keys to your decision-making abilities.  And how are you ever gonna learn to navigate the trading world if you let others call the shots? Those signals dont care about your risk tolerance or goals or anything - they just tell you to buy and sell based on some computer algorithm or whatever.
Its 100 times better to put in the work early on to educate yourself and develop your own trading style.  It will pay off big time in the future when you can confidently trust your own judgement.  Even if you make some rookie mistakes at first, at least they will be your mistakes.

It’s impossible to become successful in trading by relying only to yourself without the help of others. There’s still a time that you will need to outsource knowledge on trading since you can’t cover everything that happened to crypto.

You will still need to use reliable news article, community to discuss technical and update to the project and other info that is vital for fundamental analysis. You can’t rely alone on technical analysis on trading because FA gives a huge impact on price action in crypto trading. Checking for other signal is good if you knew how to analyze it by yourself because it will save you time from browsing token that already showing a good signal to buy. I believe by being reliance means you knew what you are doing and not blindly follow someone trade.

Ignorance and impatient is a big problem among ñewbie traders, sonout of that ignorance they fancy and fall for these deception from influencers on YouTube and other social network that only advertise about wom trades. They don't bother asking this influencers questions about their lost trades too or is it that they are perfect beings that are immune to losing trades. Secondly, impatient makes newbies to see the learning process as a time wasting when they can just get it from somewhere but they fail to ask what is the authenticity of what am getting because this is money we are risking here and not papers. Even if they are papers papers nowadays have value too

Trading is certainly an individual’s knowledge and skills, and should be developed on your own self through accumulation of first hand insights and experiences that will definitely build you to be a reputable and reliable trader. If you can do that successfully, most likely majority of your trades will create a positive outcome, and a successful profit.

While trading can be build and developed all by yourself, a lot of us here are still seen being reliant to other’s market analysis skill and knowledge because they have seen successful trading from them. This makes an unhealthy trading because you depend your success from other people which I think is certainly not a good practice for a responsible trader.

A lot of newbies these days depend on copy-trading which is available in almost every trading platform. It makes it easier for them to make trades while having a better potential success rate than when they do it manually. To be honest, I've never tried copy-trading myself and I don't know how it works and whether it's effective or not, but if it's effective, I would say it's much better than paying random people to join their signal groups and make trades according to them which are mostly not right.

However, these methods are only for short-term profits, when it comes to long term and if someone wants to make trading a career for themselves, they will need to dive deep and start gathering knowledge and information so that they can make their decisions effectively even if there is no assistance available from a third party.

This is so true, getting to become a better trader definitely helps a lot of people. It is not that easy to keep it going that way and should be something that we need to care about one way or another. If you keep working and become better, it will benefit you all the while better, and your results will not be too bad.

I understand that we can't really make it change any other way, but it will definitely be something that will not be all that easy. So keep it going as far as we could, and it should be something that takes some time. Forget about what you think you already know, start from zero, and hope that you will do better, that way you are going to end up with a much better result and you should be doing a lot better when the time comes.

Most of the newbies who enter crypto trading are excited to make money, even though they don't know anything about the trading business they are entering. That's the problem with most newbies; I don't understand them all.

Instead of knowing and studying what's going on first, they get carried away by just the hype and what others say, and there are still many such styles in this era, to be honest. Then we should also remember that profit always depends on the knowledge that we can learn and study, not that we are always led by hype.

Relying on a trading signal is never an option for traders; it doesn’t favour traders, especially newbie traders who have just joined trading and don't have any knowledge about it. The worst mistake these types of traders will make is to rely on signals. However, the reason why signals don’t favour traders is because, as you said, they were not analysed by them. So they may not be able to set them up correctly, and it will cause you to lose.

Although using signals itself is supposed to be done by professionals, even with that, they shouldn’t rely on them because it makes traders lazy and they don’t know any updates on the market since they have already used signals that trade for them. And for newbies, it will discourage them from knowing much about trading, so that’s why I always don’t support trading signals.


Copy trading is better than signals, in my opinion, because signals don’t work all the time and may start malfunctioning after you have already set them up and put in some money, thinking that it will help to generate profit automatically. But for copy trading, you must not copy a strategy that someone uses and loses their money, and it will be clear to you that although both of them did not last for long, they only took some time. Therefore, for someone who wants to be a successful trader, knowledge must be the first thing they should acquire if it will guide them in any situation in the market.

Another point that is often missed by newbies is that not everyone can use the same strategy, so even if they were using the signals of a good trader, maybe the risk is too high or too low for their tastes, or maybe it requires a great deal of precision, maybe it requires they pay attention to the markets for a period that is too long as trading is not their main occupation yet, so too many circumstances have to be taken into account in the elaboration of a strategy, and they will be better-off studying the markets and creating a strategy that fits them perfectly.

Good point! Not because it's working to someone means that it will also work for you,  there are many factors why a trader will position his trade and without that knowledge,  you can easily be moved by uncertain situation where panic will be dominated and push you to change your position,  unlike with  experienced traders where they can overcome those circumstances and they can continue with their setup plans.

You need to work hard with your knowledge as it will be your key to success in this kind of venue of investment.

Everyone here started from scratch and work on their own, except for those who have no plans to develop their own potentials and be successful. But when it comes to trading, which known to be a battle of brain and emotions, you should play the game smart and wise, otherwise you will always end up losing in trading because you never know how to play to win.

While other newbies before have reached already certain positions at the moment because of their hardwork and resilience when it comes to trading, some still stay the same to where they are, still struggling to win over their  trades while relying from other successful traders. I believe traders who are like this have never actually understood the concept and value of trading, otherwise they have worked already on their own and build their best potentials so they can trade and still come out profitable whatever the market condition.

Ain't know how this will work, you'll play the game smart and wise in trading which is unrealistic IMO.
Trading isn't talking all about making a profit, sometimes through your loss you'll learn and there will be progress in your trading activities to make it better in the future.  In short, losing is a part of your progress before you become successful in trading.

Trading is indeed a battle that unfolds the field of both intellect and emotions.
Playing the game wisely involves understanding the market situation, managing risks effectively, knowing how to stop loss, and keeping emotionally aware.  Because IMO, success in trading is not just about participating, it's about playing to win, and without strategic skills or knowledge, and the ability to adapt to market changes, one risks falling prey to losses.

Beginners who are new to crypto trading will certainly be very excited to be able to earn income from the trades they make, for beginners who try trading by knowing about crypto as a quick way to get rich, they are not aware of the risk of losing their money if they enter the market with don't have any knowledge about crypto trading, so it would be good for every beginner who wants to trade crypto to understand well, don't just hear from people who have made profits and don't understand well the risk of losing money if they make the wrong decision in choosing the type of crypto which they will trade.

I have never been against those using trading signals, my problem with them is the misuse of such trading signals. I have never used a trading signal before but that does not mean that signals do not work neither does it mean that I am against the use of trading signals. In this cryptocurrency industry what matters is knowing a good method of earning money from the industry and not necessarily the means by which you earn the money. Every one must not be the hard working type of people, there is a room for smart work and anyone who is able to earn continuously from signals is a smart earner. And I really applaud those kind of people. If everyone discovers the way to earn from signals, I think everyone would abandon trading by themselves. Just because this signals fell sometimes as well as the real-time trading fails that is why everyone has not embraced signal trading. :)

The gross mistake that newbies make is to start earning from the cryptocurrency industry by using trading signals. Thesw signals will make these newbies not to know how to trade themselves maybe till forever. And when a trader does not have the idea of the technical analysis or the candlesticks, they will tend to use whatever signal given to them whether correct or wrong. But when a newbie has some basics of trading skills they will be able to decipher a good trading signal from a bad one. By so doing they will not always fail when the signal fails.

It is very important to build one's self than solely relying on third party signals. You have more confidence and trust in what you do yourself than what you get from the next person.

And one major problem; account size varies so yours might not be the same as the one posting the signals so your both stop loss and take profit can't be the same. Hence, your trades tend to be more risky than you thought which is a bad account management measure.

Its not bad on making yourself that relying with 3rd party or whatever external sources that you could really be able to read on, as long you would really be also making your own research and you wont really be finding yourself that relying only with those informations but rather you would really be making more research and would really be unstoppably learning on different ways or methods on which trading skills
isnt really that something that you could really be able to learn it overnight. This is why it would really be important that you should really be that patient when it comes to learning things
because if you do rush up on learning things then this is where mistakes do really start on.

I believe a lot of people go into trading due to these advertising and flexing, you can't really tell why people choose to do some certain things but I'm confused people trade due to these flexing and hype. Sometimes when I hear people stories on how they started trading or I watch motivational videos online concerning their early stage, they'll always indicate it was not easy and of course you must lose to win, this is the common principle of trading and newbies should get used to loss for them to last longer in the game.
Some newbies seems to be very smart and I've seen most of them condemning signals, it's best to learn rather than relying on someone else.

I'm absolutly gree with you. In the end only the owner of the trading signals will get benefit from the consulting fees and their services.

Rather than spending money on that things which is very uncertain, is the better to learn independently from websites and YouTube and then prove it yourself in the market. Maybe signals from other people will help a little, but without your own analysis it will be course backfire someday. If this happens, who is to blame?

This is why Entering this forum is the luckiest investors or traders we ever had as they are open
to listening and understanding each threads here for them to stay safer in their venture investing here in this riskiest market.
The reason why we must not just pay for those signals as most of them are scammers that promises
are not coming into reality and we will lose our investing and not getting any good from them.

This is a common principle which, most of the time, motivational speakers shared when they speak up or shared their videos online. I think it's better to know the downs of this business before focusing on the ups, knowing what you achieve, the things that you will encounter and how you should work on. Achieving it's not an easy task if you look into reality, but the success that you can achieve will be fruitful in terms of financial stability.

It's not good for newbies to rely on what they hear on social media to qualify how trading is, because most YouTubers and other social media analysts will paint the picture of how you can make easy money online, and crypto trading will be one of them. I was lucky that I joined this forum and was thought the hard truth that trading is hard, and it's not a get rich quick scheme.

Experience is the best teacher, after getting all the guidance and necessary knowledge about crypto trading, there has to come a time when a newbie must trade on his own, it's inevitable, unless he doesn't want to increase his confidence and be independent to make choices. It's ok to experience some loses, from there the newbie will try different strategies and arrive at the one that'll suit him most.

Some beginners in trading are not very confident in their analysis and abilities. instead, they trust the signals they get from the group more, we often encounter this situation. we cannot blame beginners in trading for not following signals. because they can judge for themselves whether the signal given is accurate or not.
it is indeed better for beginners to consciously develop their own trading experience and skills. Thank you if someone can direct it. But if not, there are many ways to learn on your own that you can do.

A copy trading comes from the thinking that they could make a shortcut in trading and earn a profit faster. They assume that by following these successful traders and using their strategies they could be like them which is very unfortunate that never happens in real life. Many traders have been in such a situation and yeah, they all had failed.

Because in order to succeed in trading, we must trust ourselves more than we trust others. To reach success, we also have to carry ourselves there. We may learn from others but that doesn't mean that we have to rely on them for a long time instead, continue our journey on our own.

I can agree with you on some points, as depending on TA can really help a trader if he's quite confident. Price action plays a significant role in trading but if someone is getting dependent fully on price action maybe the sentiments of market and regulatory developments can give him a bad hit.

hmm seems like in the second section buddy you are trying to mention the importance of the experience in the trading, as I really cant get in flow what are you trying to say. More on it for me on the shorter time frame the sentimental analysis can really help a lot and just TA can be inefficient.

The major problem with newbies is sitting down to learn the skills and the time to learn all the skills to become a profitable trader is much to them until they learn in a hard way after losing and liquidating their accounts that is when few of them sit down to learn few of them would resort to taking signals from signal providers while others would quit trading, trading is hard it requires a total commitment toward learning it, however there are a lot of resources for learning trading online infact apart from YouTube videos there is twitter where plenty of experience trader posted valuable trading stuffs and materials for newbies who passionate to learn trading.

That's not something new that everybody is aware of. It is always in the benefit of the signals owner and you can't be sure with those signals to be legitimate and helpful with your trades. They'll give you the disclaimer that signals might be effective at some point if you're quick in enough to do the trades but they won't guarantee you that it will be at all times. And that for that reason, it only means that it's important to learn on your own and hopefully avoid those expensive lessons.

For me, it's okay to treat it as a motivation for you to actually learn more about trading. But if you are still newbie and please know your place, it takes a lot of time to actually get to that point and by only motivation won't get you anywhere, trading is not easy even if you know what to do due to how trading works and how easy it is to get manipulated.

Doesn't really matter. Most of the newbies thread here about trading they just don't seem really care after they made the threads, they just throw away the thread and never come back.
That depends on the users itself, if they want to learn there are lot of place to learn about trading and if they care about it in the first place, they will engage about the topic instead of just dip out instantly.

Newbies should set a goal to develop their own potentials in trading, through enhancing their knowledge and skills, and learn from the experiences of early traders. Otherwise, trading won’t be a significant and reliable one if one decides to trade and keep relying his trading decisions from other traders.

Trading is not actually hard to learn if you are motivated to follow its process and do trading accordingly. But if you trade in an opposite way, puts high emotions whenever you’re trading, and you resort into being impatient when your trades are failing, then you are not training yourself to be a good and successful trader, but you are trading exactly what losers are doing.

Learning could be easy but the problem is in the application and decision-making which I certainly found hard, even old traders make mistakes.
However, as long as we don't give up and continue adopting the situation despite losses we reach the things we wanted to happen (success). Of course, it needs more focus and patience as it just comes.

---

We have to consider all the bad experiences and losses as a part of the learning process and so newbies must adhere. Otherwise, never do trading anymore.

That's correct. I was once a victim of this. I even went as far as paying for a VIP signal group believing them so much but still I ended up thesame level cause I had no knowledge about trading. Not until I gave my account to a so called professional who blew my 50 box then I stopped and gave myself to learning and it turned out well for me.

Nothing is too difficult to archive. The journey of a thousand miles begins with a single step. Begin now to learn with what you have not until u meet a professional to get started. None of those knowledge acquired would be wasted.

Newbies are in too much of a hurry to trade shortcut rules do not work in everything. Trading is not possible if you don't know it in depth. With own experience in trading signals and trading and a job where you need to be always updated with every ups and downs in price etc. with technical chart tables updated news data at hand which will help you identify trends in the market. Then you can profit from trading.

You are saying right. Newbie have to focus on itself. Because in beginning, we made lot of mistakes due to lack of knowledge. So, we have to learn first, and then react. Trading is not a easy task. You have a great control on emotions to become a good trader. Without enough knowledge you cannot succeed in the trading.

For newbies, it could be very hard understanding trading due to its complexity. But as you go on acquiring necessary experience and knowledge, and building your own strategies, you will slowly develop your own potentials in trading and eventually sees trading as not that hard and complex anymore.

However, it takes time and patience to make the process work. And you could bear a lot of losses and failures at first before you can be successful in trading.

Many people like the short cut because the results will be faster than having to wait because they learn it themselves and from the start, even though everything that is easier without going through the process will only be temporary, in time difficulties will start to appear and finally the trader stops, the trader who does the trade that results from one's own skills will last longer even though there is still a chance of experiencing losses, but it provides lessons to be able to improve one's skills.

Choosing shortcuts in learning about trading cannot guarantee that we will be successful in the trades we will make and it would be better for us to learn it slowly so that we can really understand it well when deciding to trade and those who trade with expertise what they have learned and continue to update their trading knowledge means they will be able to survive when trading, because they have been able to analyze the market well and can minimize the risk of losses that might occur in trading.

When it comes to learning trading, there is no need to rush it just so that students can understand it immediately. Let's not rush something that we know for ourselves that we can't immediately apply correctly in performing the actual trade itself of crypto trading.

So even if this shortcut is used, the result will only be worse because, as they say, let's quickly ripen a fruit that has not yet matured. It may have a ripe color, but the quality of the taste is still really raw. That's why it's the same in the crypto trading learning stage.

Newbie traders, make a long and hard decision before you continue. Work on yourself is my best advice too. Don't focus on trading, do it on your free time. Work on your career, work on your profession, get mature. Understand addiction and find a way to beat it. And learn first, don't trade!

If you're panicking and checking trades regularly, you're not yet ready :)

If you lose and you want to trade rightaway, you're not ready :)

Basically relying on other people's trading signals or copytrading does not hurt but the problem is that it is likely to make beginners dependent and unable to be themselves in trading, in the sense that they cannot build their own process journey which of course it will make it difficult for them to develop, however trading is more recommended to do alone because each trader has a different way of analyzing the market, all of which are based on experience and high flying hours along with the process that they managed to pass until they finally became a professional trader and get consistent profits, So from that it means of course as suggested by the OP that beginners absolutely should not rely on other people's trading signals in the long run, for once in a while it might not matter but in addition we have to really build our own career in this trading world because maybe we already know that a strategy that is good and accurate enough for others will not necessarily work well if we do it, that's because there is something that cannot be explained, one of which is that you will not know the weaknesses and advantages of the strategies used by others.

If you are in a rush then this is where shit things do happen and this is something that must be avoided in the first place.If you are someone whose really that too hasty on making up decisions on the things that you are dealing with specially with trading then you are really that prone or susceptible into lots of errors and mistakes on which it would really be something that you would really be needing to adjust on accordingly.
Trading skill is never been that simple to be obtain or something simple that you could really be able to learn. It do takes time and tons of effort for you to have a good grasps into it.

Newbie traders would definitely be having that kind of common problems since we are just new. We are really that prone into lots of mistakes and errors on which it is really just that common.
If you are really that serious on learning trading then you should really be that serious on trying out to learn on the things that you should really be wanting to do so.
Its not easy but its not something that impossible that you could really be able to take grasps on with.

Well, we shouldn't rely too much on the signals given by others. Or in other words, we should not continuously rely on other people's analyses. But we must start learning to make our own analyses. But that doesn't mean we shouldn't compare our analyses with others. I personally sometimes combine the results of my analysis by looking at the results of other people's analyses. Because I realise that sometimes the information we get is not enough and we always need additional information from others. And if that doesn't make us lazy in making our own analyses then it can be done by sharing insights and analyses with others.  But addiction to signals from others should be avoided because it will only make us not independent. So I agree with what the OP said.

Yeah if you unable to balance your emotion and you are not in control with your trade, meaning to say that you are always being move by adrenaline and misconceptions, always keep in mind that you need to experienced more and not just to blindly follow your instinct and emotions, trading is something that you need to learn and adopt.

Not just go with the wind type of investment and trades, it should always be depends with how you understand and how you developed your knowledge, it's a process that you need to learn and adjust if needed.

Trading is not an easy job which is why not all are willing to take this job not because of its risk but also the lack of understanding that discourages them from trying. We could say it depends on how we understand the market and the result is also the outcome of our market views. Trading without focus and effective strategies will end up losing and sad to say that it is very usual for those who rush even though they don't have enough knowledge.
Newbies should know the concept of trading at first, they should never take this easy but must have put some effort to learn more rather than thinking for instant profit.

Any trader, that is always after signal from third party is like a gambler that doesn't know what he is doing, and you will run at big loss because you are putting your money on something that you are not sure of. It is better than any newbie that wants to learn trading should take his time to learn every aspect of trading so that, through his own experience he can come up with a strategy that will work for him. This is because my strategy might not work for you. Only trade with the amount of money that you can afford to lose, if you must trade. Investing is easier than trading, so you can invest , while you learn how to trading, instead of depending only on trading.

For the same reason, I do trade very little as well, not because it's simple or anything like that but because I like the money I make from investing long term and that usually returns a lot better for me so I do not have to worry about it all that much. I get that people may have different approaches and some people like to trade more than they invest, but I invest with 90%+ of my money, and trade only less than ten percent of it. That way, even if I end up losing it all, and I mean like literally go to zero, I end up making it back with my investments easily, getting that back is nearly nothing for me.

This is why it's important to have a good amount of investment if you ask me, it allows you to do better and gives you a good return.

I will not encourage newbies to get close to any signals trader or with those groups that promote it. You'll learn the hard way with them and you'll be complete dependent on it and at the same time, you're unsure whether it's going to help you or not.

If they're for free, as long as you won't spend any penny on them I guess it's fine. But when they start to ask you certain amount of money for their signals then you should run away from them.

It takes time to learn trading and to determine whether you're okay to stay on it for so long or you're going to choose other ways of remaining in the market such as holding.

New traders need to prepare themselves first because trading theory is very complicated.  If a newbie comes into trading without acquiring proper knowledge, he will face many problems.  So you should prepare yourself at the beginning of trading.  Market analysis, holding, patience, greed control all should be mastered very well before trading.  You have to follow someone who is skilled in trading to learn these things.

Apart from that, sufficient capital preparation is also needed if a trader wants to target bigger profits through the market, because now it is almost very difficult to expect big profits with small capital. So apart from the preparations that you have explained, the amount of capital must also be an initial consideration because after a beginner has some control over how to trade in the market. Of course, your mentality will also be very well honed and will not easily collapse when you have to face a bad market.

Having bigger capital isnt really that recommended for you to do so specially when you are really just that starting up but i do agree into the point that when it comes to capital then having bigger
could give out that essence that you would really be able to felt up those profitable moments comparing when you do have that small amount for small positions on which you could be barely be able to
see up those gains but well we do know on this market we do have that common rule on which taking profits will always be  that prioritize. No matter how small or big it is, profits is profits.
Dont ever make yourself having the habit on trying out to look back on what you havent been able to do so. You are really just that basically making yourself impulsive.

As a noob or new into this trading field then it would really be just that right that you should really be needing to work yourself on learning or trying out to cope up on whatever you do
able to encounter. It would be taking up some time and tons of efforts before you could really be able to have a good grasps into this market.

Just as a fact that we may consider getting better, is already a good path to start on. Life is not easy and we have to look for all the things we could potentially do. If you do end up with a good return, that will always comes from hard work.

I personally like working hard, being able to put a 16 hour shift is not a bad thing for me, I can do that and I have always been willing to do that. But make sure that you are working towards something that will not be all that bad, if you are giving your skill, talent and days to a job, make sure that it worths it. I have been working at the same job for many years now, and it is well beyond what I deserve to get paid, so I might work very hard, but I do get paid more than what I deserve, find a job like that and you wouldn't feel bad.

Investing and trading are the same, work hard towards it, but make sure that you get what you deserve out of it.

Many people don't actually know this or they feel reluctant about the lessons being told to them. Well as they say experience is the best teacher, that's definitely how many newbies will actually learn about trading risk. I once told someone that don't look how easy people portray trading to look like that the act is really really complicated and you could lose lots of money in trying but he never listen so I left him to see the results for himself which turned out to be a perfect lesson for him as he lost about 140$ to the act.

We lose first before we learn, that is trading in real life. Those who dare to take the risk and are still able to lose more will be winning soon as they can already take control of their emotions and are not afraid anymore. What drives us traders especially newbies to get into this job is the aim of making money easily but not knowing how difficult it is as they believe in these influencers saying "You will be rich in trading". It gonna blow your mind but the real battle comes when we are doing this in actuality. Certainly, we lose if we don't have the knowledge because trading doesn't just work through words but actions.

Agree. Newbies must stay away from joining signals group because they won't learn anything if they only rely on the signals. I'm sure there will be many lazy traders with zero knowledge if they prefer to be signals traders. Moreover, signals group won't guarantee anything, many of them are fake or share wrong signals. They even try to take advantages from the people who use the signals group. They can pump and dump certain coins because they order the people on the group to sell or buy.

No, I think it is better to stay away from the signals group. If it is free, it even doesn't make sense. How can they are so kind to share signals? I think we must feel worried with the free signals.

Although it will take a long time and big efforts, learning how to trade properly ourselves is absolutely the right way. If we know how to analyze the coins and understand how to predict it in a correct way, we don't need any signals from others. Be an independent trader! It should be the ideal goal of the new traders.

When you're using trading signals for trading, you don't learn anything from the mistakes that the trade made and you can't use that mistake to improve on your trading skills. Signals make you a dependent trader and without getting that signal you won't be able to make profits. Using signal doesn't make you a profession trader, it can make you profits but it doesn't add trading lessons to your existing trading knowledge and this isn't the right way to trade.

New individuals that want to start trading need to learn trading first before deciding to concentrate on making profits. When you're too focused on earning and not learning, you don't get the right knowledge that'll help you in future. No signal group last forever and one day you might join a fake group that'll scam you of your money. Most signals groups are also pump and dump groups without any real trading.

You don’t want to be a trader and put your trading success to other’s shoulders. That’s so irresponsible of you if ever. So work on yourself and acquire all those necessary learning experience and skills, that will be your weapon so you won’t be trading at a loss consistently.

Trading is not only a game of mind and knowledge, but also a game of luck as well. There are those who are not actually highly knowledgeable and skillful but they managed to win most of their trades. So maybe being lucky and well-experienced trader could be a perfect combination to come up with a very profitable and successful trades.

Everyone has the right to gain knowledge about trading and everyone will be able to carry out trading if they learn how. The beginner's mistake is being too greedy in making profits so they force trading in the way they know. Trading can be learned easily now because there are many mentors and videos about it and all beginners need to do is study each video and knowledge provided by the mentor, after that try to get involved directly in trading with small amounts.

Starting trading is not easy, but there is always a way for anyone who wants to do it because something that is studied well will definitely result in a way of doing it correctly. Go through every necessary stage and that's where we get knowledge, there is no instant work to make a profit because everything requires a process.

learning is not from signals that are bought from people who open signal services. but the nebiew must learn from fundamentals, and indicators from professional traders. if only given buy or sell signals, there is nothing to learn to later be able to trade independently.

If we expect too much from other people to be successful in trading then we will not be able to be successful because we cannot always depend on other people and we have to start it ourselves and if we encounter problems in the trading we do then we can ask other people about things. what we don't understand yet and if we could still try it ourselves it would be even better.
Yes, it does require luck in trading, but we also need to have knowledge and skills to be able to profit from trading and there are some people who have a lot of experience and can still experience losses in trading.

You can make money in bitcoin and cryptocurrency by trading or investing in them. Most people choose trading as it gives quick income but they forget the perks and advantages of investments. True money is only make by investing in the coins for mid to long term.
Also investments are risk free as compared to future trading where there is a risk of liquidations etc.

Those who are new to crypto trading must know about trading through someone else or some other medium and then decide to trade. There are many traders who don't get direct help from other experienced traders so most of the time they search on youtube how they can trade and they search for those telegram groups where signals are given. In the first case, the number of traders who trade directly on their own is less, they only trade on their own skills who have someone to help them with various information about the trade. From the beginning, the new Tedders get into the head that if he does not follow the signal, he will not be able to make a profit in the trade, because of which he becomes directly dependent on the signal and does not try to do anything on his own. 

Whether successful or unsuccessful in trading, traders must trade with their own skills, even if they suffer temporary losses, they can learn a lot about trading.

Even when novice traders follow signals, they won't last forever. It could be because the signal accuracy has decreased and other members are no longer using the signal. This means the channel owner will not continue producing signals to share.
traders cannot rely on trading signals, even though they help but at least they should still develop their trading skills. otherwise what happens is just following, and no development is obtained.

From basic to average knowledge then advance there are process that you needed to undergo and to allow yourself to learn the deeper side of this business, not going to work if you lean to those  signals services and you will not do anything to learn about the business, not every time those signal will be on the positive side, the market is wild and without proper understanding it can quickly suck all your deposit investment.

Like what the title of this thread, work on yourself to develop knowledge that you can use, adopt and adjust you need to have that knowledge to decide on your own way.

Many people mistakenly believe that they can trade and make a profit using other people's tips. But the reality is completely different. You either become a professional who makes a profit using your knowledge and experience, or you lose your money and leave the cryptocurrency market forever.

This is a fatal mistake. Many beginners have the wrong mindset in trading, they only assume that trading can make money easily even though trading is something that is full of risks if you don't know the knowledge. So it's not surprising that many beginners are easily carried away by what influencers say and follow them without doing independent research first.

Whenever I meet new people who want to learn trading, I highly recommend continuing to learn to increase their knowledge and trading with small capital to also develop trading skills. because learning to trade without practice will also be difficult. And I always said at the beginning that trading is a game, not a main income or you can get rich quickly from here. Because beginners need to change their trading psychology to become better, I am also not a pro in trading but this is what I have learned so far.

Nobody really knows what happens next so it's basically a gut feel that we have to believe that what we are doing, it can pay off or not. There are some basics which we can learn but no one can make us to be profitable in trading unless it happens on it own and that is why gambling is often compared with trading too which is not 100% right but has its resemblances.

Yeah. A trading signal is not advisable for a professional or newbie trader. Although a professional trader can use it, someone who just joined the market is not supposed to use it or even think of using it because it discourages newcomers from learning; they won’t learn the basic skills and the fundamentals of trading, and it is not going to determine how the market is going because once the user sets it up, that’s how it will work. When the market changes, you won’t know, so for newbie traders, they should just focus and learn the basic things that are needed so they will succeed in their journey into cryptocurrencies.


Even though they didn’t ask for money, I won’t advise them to go near signal’s because, at the end of the day, it will not help them at all. If they request for money, that is when you can even be sure of what they are going to give me as signals since they request for money, but someone wants to offer you some trading signals and claim it is free, then you now think it will be legit, but if he asks for money, then it’s not legit, which doesn’t make sense. If you can accept the one they ask for money, then leave them that is free.

The fact that newbies are always in a rush to earn money is the reason why so many newbies find failure in trading and then they leave the market by putting all the blame on the market and saying cryptocurrencies are useless, they are a scam, etc., when the reality is that they didn't even learn anything before getting into the market because their only aim was to earn money from trading which they couldn't do since they lacked the necessary knowledge.

This is why, it's not recommended for anyone to start trading before having enough knowledge and understanding of everything even if you have your capital ready. You will eventually lose the capital and then curse the market for it.

Knowledge and experience are two fundamental requirements of trading, knowledge can be gained, and experience will come with time, but if you don't even try and gain knowledge, you are bound to fail.

Trade must gain enough knowledge about trade. If we don't gain enough knowledge about trade, then if we make a wrong decision, we have to pay a big loss in trading. Newbies often make mistakes, if there is any link about trading through youtube, if they learn from there, they almost make this mistake by trading from there, if they don't have enough knowledge, they lose their own money. So I would like to say to the newbies that it is never right to trade without gaining enough knowledge about trading. When newbies trade, if they lose a small amount of money, if they cannot handle the grief of losing money, then they will not be able to trade well in the future, so they must be patient enough to check the market and trade with a long-term plan.

That is the mistake of novice traders, not wanting to learn the basic knowledge needed for trading. Because basic knowledge is very important to be able to move to the next level. It's useless to have trading signals but not be able to use them. there are only losses and the signals from the pump group are only signals that provide profits for the group creator.

Most of those who are just starting out in trading make mistakes due to a lack of understanding about trading and they ignore the basic knowledge that they must understand first before starting to enter trading and when they don't have basic knowledge about trading what they do in trading is just following the trend so they experience losses in their trading Yes, those who have trading signals will of course only benefit themselves and will not think about the fate of their followers whether they experience losses or not.

There are many mistakes of new traders that give him a lot of loss them into trade, they end up wiping out their wealth. The first is to panic too quickly after trading, which means that a little you don't even wait for it and sell it, that is the first step of you have taken the wrong. The second thing is that the investment is less, the less investment you have, the more you are in tension. If you have a lot of investment, you will be able to travel for what you have and you will not panic easily. These two things are very important.

If who control these two things, then he can become a better professional trader, he can quickly change himself out of new trading and create a name for himself in the world of trading. In addition, if one cannot act on these two things, it is better that he does not step into the world of trading because he will have to bear more losses and the chances of receiving benefits from him are less.

Definitely, especially individuals who have just started trading in the cryptocurrency markets should stay away from channels that claim to make money by sharing signals because many people are often defrauded by these signals and this completely prevents the person from improving himself/herself at the very beginning. Even though there are channels or phenomena that share signals for free, I think that the data obtained from them should never be trusted because there is never anything clear about the experience or accuracy of information of the people sharing these signals.

In addition to all this, I would like to add that users who trade in the cryptocurrency markets by following the signals cannot gain real experience and will have difficulty learning how to do research in the market. Someone who trades by following successful and unsuccessful signals will not be able to improve himself/herself in trading in financial markets because he/she will not do research, will not follow price movements and will not be able to face his/her own mistakes for gain an experience.

People often use trading signals at start because they have little or no experience and also they are not familiar with the market but it is necessary to get knowledge from these signals as well because no one can completely depended on signals and if someone fully follow the signals then it means that he lack the ability to learn well and he likes to get ready mate materials.

There is no issue if for sometimes people use crypto signals and take help from it but I think if someone look towards signals the whole day for longer timing then what he learned from this? How he will be successful trader? Will he always follow the same signals always and will not learn anything? Taking help from signals is okay but don't be too lazy to fully work according to signals as they don't always work according to the market situations.

There has been a ton of stuff that went wrong with humanity after the invention and development of social media for sure, definitely a lot in regards to finances as well. I think it has to be pointed out that we are going to end up with something that has to be a little bit different and it will cause a lot of trouble for us.

I think it has to be because of the social media because it has caused a lot of people to share, back in the day we wouldn't know what others did or how they did it, now we can see what everyone does and how they do it. This causes a lot of people to end up trying to do the same thing. Of course the result will not be the same and this is why there are a lot of people who lose a lot of money as well.

The use of signals will be appropriate if you use it as an additional tool for making your decision. Because in any case, you will incur financial losses, and not the one who provided you with the wrong signal. It is for this reason that sooner or later you will have to learn how to make independent decisions.

From one time or the other, many of us here that are good at market speculations had been a newbie and growth is one to the things that had made us to be strong and be a better trader. Since we learn everyday, that had been a way that had been sharpening us to become better everyday by day. Trading at first is never easy and one need to be wise on how we trade and make market decisions. Although there are traders that are not that good and analyzing the market but with time, things will change hand.

When you decide to enter the world of trading, make sure that you are good and prepared enough when it comes to your mind and emotions, and your finances as well as you should never trade if you cannot afford to lose your funds. While learning trading takes some time and requires necessary knowledge and experience in the market, some traders do not even think about it as they rely on third party for their trading decisions, or they rely on signals which I think cannot assure the trading success. If you are currently doing this, it’s better not to continue trading at all, otherwise you will only lose your time and money without doing such efforts to work on yourself.

Dependence on third parties for daily trading activities or similar is never good for a trader's efforts to grow. What they need is knowledge and experience - they certainly need to learn it themselves instead of just wanting to play it safe without the effort and desire to be able to. Trading lessons are a bit complicated if traders don't really consistently learn them - it obviously takes a lot of time.

Learning to make analysis, learning to draw charts, improving skills and independent practice are some of the things that support trader growth. They cannot allow themselves to fall into a position of comfort and dependence on other parties - of course because traders are budget owners who should be able to do it themselves instead of other people.

I don't blame newbies relying on others because they are in the learning stage and I know most of us did this during our novice time. There is no problem with that because this is not a long-term bond between the learner and the teacher, it is soon to get separated when a newbie is ready enough to stand and make their own decision.

Doing alone will take so long which is why having someone accompany us helps to shorten the process which I believe that is great. Just imagine that if someone who is better than you will teach you, you can be good also. Of course, we also have to choose the person who can be trusted and the one who also cares with us, not these signal groups and scammers.

Being a trader holds a big responsibility to end up with a positive and profitable outcome, which I think will only be possible if one is determined to become a potentially successful trader. With that, trading experiences are highly encouraged more than knowledge and first hand information, as trading is focused on skills and mastery in trading. So if you think you lack all of these traders  potentials, then never rush yourself into trading but find time to learn and understand trading before you decide to gain experiences.

Trading is not like gambling that you have to be lucky to be profitable, but be lucky and skillful as well so you can achieve positive outcome when trading.

You know trading in the crypto field is the main place for us to generate or get profit. The only problem is that most traders here don't have time to study it properly. What they only heard or watched once is okay with them; what they think is okay, and they understand that they thought it was just that, and they will make money from trading.

So, if you know for yourself that you don't know anything here, you should find out for yourself if you can learn it and really understand it. It's no different from a student studying in school; the only difference is that we ourselves will find a way to learn from it. So the one who will teach us here is also ourselves; how about that? through tools or guidelines that we will learn. If we don't do this, we won't really grow, and in the end, our trading activity will be useless.

I disagree, if someone will make profits from studying the trading completely then most traders will dedicate a year or two to study the trading completely then will become a millionaire in another a year or two later.

But trading doesn't work like that, future is unpredictable we can analyse the market trends with the help of technical analysis but we will never see that the market will behave like that as predicted and for your information even if you use different indicators for the same time period you will get different from the previous results so it may give sn insight but there are lots of other factors too influence the market too.

That’s right, the mere presence of a signal does not mean that a beginner will be able to make a profit, they must also be able to use this signal correctly. And besides, no one guarantees that their signal will definitely work. A beginner should invest their energy not in searching for a channel to buy a signal, but in their education, then they would be able to analyze how good this signal is, and perhaps even give up the idea of ​​using these signals.

I have been through the same situations and the problem at that time was we didn't had a proper guide at that point of time and now we have so many sources which claims to teach the people about crypto trading but it's some random stuff which they do it for money I am talking about YouTube channels which claims to teach them about trading and just run through any random strategy promising higher win rates which are not true. I think awareness is the only thing we need to work on because if you just type anything on internet about trading all you get is some experts claims to teach technique to give hefty returns in short time  that's the problem as the newbie trader's mind is occupied with a aim that they can earn real quick through trading without any understand of the risks associated with it and challenges.

Those scams work because they tell people what they want to hear, when we tell newbies that trading is hard, they will require months of study before they even make their first trade and losses are part of the cost of doing business, this is not what they want to hear, they want to hear that huge profits are awaiting for them and the only thing they need to do is to follow an influencer and do everything they say, so they think that we do not know what we are talking about and we are wrong on our assessment of the market, disregarding our advice and suffering because of it.

That's mostly the problem with newbies  they wanted a quick turnaround and hearing it out from us that it's not as easy as it was they will resort to someone that will let them hear what they want  and once they've got scam they will still put the blame to those who they knew that understand the business,  I guess as someone who knows the drill we can simply ignore and just let them experience things for them to realize that it's not a quick venue to achieve success there's always a need of learning the process.

I have known people who think this way. First, I noticed that some bashers or people who're hating bitcoin or any crypto currency didn't succeed in their investments in bitcoin or any crypto currency. Or some already left away by trading. Trading is very hard, to the point that even an experienced trader with years of experience will still face trade losses. It's normal. The thing you could do is work on yourself, like the OP said, so don't rush. It's much better to have good earnings or profit from investing first in time and effort to study deep in trading and also commitment, as trading will require a lot of patience and strong will to keep on going in trading even if it feels like it's exhausting. And for those who are new to trading, if you will just blame trading because they lose money, then you don't deserve to do trading. Remember, the action reflects the result.

Following market trends is actually good and it can be a basis for carrying out some analysis, but if you don't have good analytical knowledge then there will be nothing you can do except just follow other people's guidance. depending on other people will not always be good, because there is no independence in trading. I also used to learn not to depend on other people and start learning the basics first. Everything can be done gradually, nothing is instant.

It’s already given that if you chose to take the path of a trader, at least you should have good trading skills and high knowledge on the trading market and on the trading coins. That is if you have a goal to last longer with your trading career. However, there are also traders who are just playing safe. By playing safe I mean those who don’t work on theirselves because others are already working for them. Because of that, their success won’t be certain without these people around. And these are the type of traders that will definitely won’t last longer in their career.

Trading, aside from being a side hustle, it also serves as a profession and a job opportunity for some traders. The fact that it’s a profession so it should contribute to the growth on the person itself, and not to depend his growth on the people helping him to trade.

Everything that is done when trading should be done independently, but to be able to reach that stage, it takes a long time because mastering skills and skills in trading is not an easy thing, so many beginner traders only rely on trading signals and advice from other people.
However, all traders must come from amateurs first, so don't ever hesitate to continue trading what you are learning, look for the best formula, and use a demo account as teaching material because demo accounts don't use real money, so you can compartmentalize the strategy you want to use.

Great advice for newbies! Self-learning and developing your own analytical ability are key elements of successful trading. Having an understanding of the market and the ability to analyze it yourself gives you confidence and helps you cope with changes in the market. Relying on third party signals can be risky, and developing your own skills is a reliable path to successful trading.

Start to learn on your own and you'll get to see how it is essential to get on with the market, the changes, the news and almost every stuff that you can work on to improve yourself in trading. Even not in trading but with your familiarity on the market.

Everyone should just forget about signals. They are not going to do you any good but they'll ask you money for your participation there by receiving nonsense signals from them.

So, it's best to just develop your own way of analyzing the market, going on with technicals and fundamentals and that's more than enough.

this relying too much of signal will be detrimental in the future even more so if the newbie have no capability of distinguishing good trading signal with attempt of creating exit liquidity out of people.
remember that trading signal group are always being managed by some people and these people could be very well having their own ulterior motive i don't believe if they don't, i mean imagine managing such groups intensively, not getting paid for nothing just for the sake of making other people rich that scenario isn't realistic in this world.
always be sure to learn how to make a good analysis, that way even if we are really too lazy to make analysis and just following trading signal we can distinguish at first glance whether something is wrong or not.
after all, there have been many cases even from the paid trading signal group where the owner just making exit liquidity out of people.

Some people actually teach themselves to develop their trading potential and they use various social media to learn technical and other things related to trading. Even though the risks are big, people will be able to understand much better when they are directly involved slowly and to avoid losses we can try with a small potential first.

Following signals may not be a problem as long as we try to analyze them again before getting involved in them. The aim is to compare the strategies they offer with the strategies we have developed ourselves. Following other people may not always be wrong because there are times when it will be quite useful, as long as we review it and don't follow their pattern completely.

Developing one's potential in trading would be much better, but we need comparisons as several people on social media have tried to explain regarding trading, but don't forget to make your own research before making a decision.

That's a mistake that newbies often make because they only want to hear what they want to hear without first understanding what trading actually means. They always listen to the words of influencers who say that trading is fun, easy, and anyone can make a profit, even though that is wrong, because trading is not like that where people can lose at any time, the analysis is difficult , and the market can change at any time. And because of that, a newbie must first understand how trading really is and they must choose the best mentor and often discuss with other traders to see what their experience is, so that they don't get trapped in the wrong mindset.

The problem for beginners is that they don't know where to start. All around they can see that everyone is making a lot of profit by trading and seeing this makes them interested in doing business and for that purpose they decide to do business without any information about business or any knowledge about business. In this case they take help of different social media but trading in social media is presented so easily that a new trader without thinking anything trades according to the words of those people and do exactly as they tell to do. As a result of trading in this way, it can be seen that here the trader is not applying any knowledge or any skill on his own but is directly relying on others. In this way, they are directly dependent on others, they often face big losses and when they come to tedding for profit, they have a bad idea about the tedding system. But what I think is that it is better not to depend on others but to apply what skills you have.

I agree going on with small amounts first. This is lessening the risk that you're taking upon trading and newbies don't have to jump to big amounts as they start. That is one common mistake that we see being done by them. They jump to the conclusion that they'll earn big if they start big but no.

So, take some ideas from the signals but still study them and analyze if they're good or not. Well, it's up to you if that's what you think with signals and they're meaning ful.

For me, it's just best to avoid any of them because you might be one of those that are being manipulated by these signals instead of you being aware of them that you should them.

Really all matters on how you would really be that handling up yourself towards the market on which not all people would really be having that kind of initiative but its impossible that you wont really be
able to find for yourself on what are the viable things that should really be done for you to be able to sustain out into this market on which we know that it isnt something that too hard to understand that you
should really be working that hard and would really be needing to search up things on what you would really be needing for you to survive this unpredictable space or market.

We do all starts on being a newbie on which it would really be  that normal that mistakes and errors is always been that part. Accept this as your learning stepping stones for you to be able to make yourself
that way more better and dont easily give up on the time that you would really be facing up such scenario.The wrong thing on here is that there were people who do easily give up on the time
that they would really be able to face up those difficulties on which they would really be having those kind of easily giving up behavior if they do able to encounter it.

Trading can be understood without a mentor, but the trader must be very active in developing his skills and understanding of trading. Trading is an activity that can be said to be easy but difficult, of course because of the potential for losses due to price volatility and errors in decision making. The wrong mindset about trading is when traders only think about profit without considering the acceptable risk of loss, but to start trading you don't have to be an expert.

Just start first and improve your skills. Learn to do analysis, develop strategies and over time abilities and skills will form and usually make the trader more experienced. The important thing is not to complicate easy things, you can still try after failing and use failure as the best teacher for your progress.

I used to practice this when I first got to know trading because knowledge about trading was not good so it would be better for people to learn first and continue trading with much smaller amounts. It's about how to handle risks so as not to get trapped in a much more serious psychological situation. Starting with a large amount will not necessarily produce large profits, especially if beginners do not understand how to trade properly.

As long as we try to analyze it is not a problem because for me following several signals can increase our trading skills. A person must have complete knowledge so that the signals they get from other people can be verified and in this way people will become more mature in trading. Without us realizing it, there are many people who make tutorials about trading on social media and perhaps without knowledge it will be quite difficult for us to verify the level of accuracy.

Everyone has their own views on this and I'm sure those who are experienced in trading will know what to do. Especially for beginners, they may have to learn steps like those discussed above first so they don't get trapped in the wrong trading system.

I agree but learning trading without mentor will take more time to understand properly because new trader have to check all things one by one. A trader will think that he has learned everything, but there will still be many things that he will not take care of which result in the loss. It is always advised new traders to start with a very less amount or use demo fund for trading to learn but emotion control is different in demo and real fund.


Yes ,new traders should not give up after losing in very first trade. Trading is not like a gambling, It is not a luck game. Your analysis and learning power will increase with every trade and initial loss gives you more strength to do safe trade in future.

Is it so easy to go against the majority opinion? If you have analyzed a coin and expect it to rise, but most analysts predict it will fall, can you take this trade and ignore the opinions of others?

It seems to me that this influence is quite significant and difficult to ignore, but if your opinion coincides with the opinion of other traders, then it will be easier for you to enter into a trade. But I agree with you that in any case, we should do market analysis on our own, and choose coins for trading on our own, this will be better for our development, even if it is a wrong decision, we will be able to analyze where we made mistakes.

There have been cases where we ignorantly and blindly follow popular opinion to trade and still lose. Following the market trend is not bad though,  but there is this level of confidence you get when you actually know what you are doing.  If  you are going to trade a particular coin,  you should know why you are  trading it and not because the market trend  says so.

Aside knowing the basic skills needed for trading, confidence is one important ingredient necessary to spice up our skill.
Most  Newbie traders often make mistakes in their choices of coins to trade because they are not confident in themselves. This most times is because they don't know much about trading. This is why newbies are not expected to relax when its comes to self improvement. They should boost their confidence by learning from every mistake they make, then they will do better.

I do agree that someone can understand trading by just learning autodidactically where he can use various online media or sites that provide various knowledge about trading. But the problem is that when someone learns on their own and compared to a mentor, it will be faster for them to be able to learn with a mentor because the mentor already has skills and experience which can be shared with their students and this can speed up the learning process, minimizing potential losses, and makes it faster for traders to enter the market. Even though learning trading autodidactically is not a problem, learning with a mentor is much better.

Indeed, if you have that confidence you can extend your patience with how you project the next market movement, unlike with how newcomers mindsets most of them are not ready when uncertain movement take place, especially that they are inside crypto where high volatilityis present, it's true that it should be a never stop learning process.

You need to work with your own understanding and keep adding more spice with your knowledge, it's for the betterment of your judgement when you have that confidence inside you, the chance to prolong the wait or to adjust with how the market is moving can possibly done real-time.

It's quite normal that when we start trading, we often experience losses, but don't give up easily because once we become professionals, we no longer need to work hard to earn money, we can just stay at home and make trading our daily routine, but to reach that stage, there's a lot to do. which must be passed through endless lessons and experiences

That's a point most people, especially new traders, don't understand. When you enter the market with only your capital and no knowledge thinking that you will conquer the market using signals or tips and tricks shared by others then you are wrong, because even if you manage to do that, it won't be a permanent trading solution. After all, they won't always be available for you whenever you need to trade and you will eventually be left with nothing but your wallet and the market even if you have made some profit.

This is why, it's important for a person entering a financial market such as the cryptocurrency market to learn everything beforehand so that they don't face issues with their trading activities. When you learn everything yourself, it stays safe in your mind and can be used any time anywhere without anyone's help or assistance.

To reach the stage of being a consistent profitable trader is a major problem for many newbie traders they just wanted to start earning profit swiftly not knowing that trading takes a lot of learning process after learning real live trading as a newbie would also lead to losses that is where many newbies gave up trading however with relentless effort and perseverance sooner rather than later such a trader would become profitable trader in the long run  honestly it take time to achieve that feat but once it is achieved the trader can trade comfortably anywhere once a trading setup is unveiled.

Especially beginners in the world of crypto trading should prioritize their own discovery and learning rather than over-relying on third-party signals.
Depending on a professional trader's signals, market fluctuations can cause worry and fear at times. Because traders may lack personal understanding of hindsight analysis. A new trader should take the time to learn some fundamentals of trading even in a short period of time to gain the ability to make his own decisions. Controlling the unexpected and building self-reliance and confidence is very important for beginners, especially in volatile markets.

Or having that mindset that they do really believe that they could easily make money with trading without even trying out to make those realizations that its never been simple and its never been that
too easy on which they cant really be able to find for themselves that it is something that needing up some work for you to be able to sustain somehow. Well, they would really be able to make our those realizations on the time that they would really be able to experience for themselves on how hard trading is. Newbies would really be normally be having these kind of impressions on the time that they wouldnt really be their
first time on having a good grasps into this market. We do know that this isnt something that you could really be able to bare with if you do come unprepared.

Any trader who is unable to do it alone is unlikely to last in the market because they rely on someone else to do it for them and will therefore copy what that person has done. These traders also tend to lose because, whenever the person they copied loses, the same thing will happen to them, which is incorrect. The best thing that traders of this type can do is to have their knowledge so that, even if they copy someone, it shouldn't be because they are dependent on someone else.

However, for someone to be successful in trading, they must have their own knowledge, skill, and technical analysis so that they will handle the market situation even if there is no one around them or someone who they copy fails to do something to make a profit. What I understand by this copy trading is that someone who they copy is not revealing everything for the people that copy their strategy; they only give them a few steps to do, and at the end you will see them lose, but if there is knowledge, the risk will be limited.


Beginners were never helped by trading signals because, even with them, those without prior trading experience could not utilise them. In actuality, a person lacking extensive trading understanding could not employ signals since they could not properly set them up for optimal performance. Hence, before entering the market, a newbie who is unfamiliar with trading should educate themselves. They should even consider employing signals, as this practice only serves to instill indolence on the part of traders. They solely rely on the signals; they don't go beyond gathering additional data and identifying fresh patterns to develop more tactics.

Newbies are overwhelmed with expectations, dreams, lifestyle they think can be achieved at once through trading.But sincerely that's not the case trading requires much more attention and strong oriented knowledge, discipline, patience before you can scale up and live the life of your choice.
I strongly suggest that during there mentorship programmes or classes these values should be passed on them and also shape there minds off short term goals and high expectations but rather long term view and trusting in the process.
Some of them when there expectations is not matching there reality they call trading scam or a ponzi scheme run by certain group of persons but forget the fact that is a result of there own wrong approach to the market.

It's all about patience and dedication. If you have enough patience and you are dedicated to doing what you have decided, you won't give up no matter how difficult the way might be and how many hurdles you might have to face. The destination is always beautiful if you go through all the hardships and hurdles and finally make it, you will feel happy and proud of yourself that you didn't give up and kept going and now it's time for you to enjoy the victory.

Trading is not easy, some might think it is, but it isn't, especially the initial stage where, as you said, one will need to learn the lessons the hard way sometimes because you will make mistakes since you don't have enough knowledge and experience, but you should keep trying and improving yourself, and over time, you will finally become a good trader.

If we newbies that are learning how to trade work on ourselves we won't find trading difficult to do, when we learn trading from the right sources with a mentor that will teach us well, it will make us good at trading very fast. Lessons comes both ways when trading, it can come the hard way when you lose your trade and money and when you win and make profits. Trading needs complete attention because trading isn't a joke, there's the risk of losing money therefore it shouldn't be approaches with all seriously. As a newbie we have to work on things like our emotions so that we don't trade based on what we feel is going to happen but from what the charts are showing. Trading comes with mistakes therefore we should not be afraid of the mistakes but use them as great teachers as we learn from them.

NEWBIES, you should be concious of the fact that perhaps ALL of the the advice posted in the topic might be coming from people who don't belong to the top 10% of traders who actually make consistent profit from "trading".

Be careful of those advice, because most of them WON'T make you more profitable against the top traders, and their army of bots. Merely choose a good asset that will continue to exist for decades, then buy and HODL. Buy the DIP, DCA, or another accumulation strategy, just do where you are comfortable.

Good point, as long as you have that willingness to keep moving forward, there are many struggles and hardship and most of the time there are failures that will bring you down, but if you keep that patience and dedication inside you, there's always a good way to learn the process, focus and take time to do your research, with the help of the internet, your access to more data that will help you to learn more can be achieved, it's on you and on how you dedicate your time to keep learning and adjusting with new things, after all, if you learn the right patterns to use for your investment/trading it will easy the process and you'll gain decent success.

first if trading must use cold money not hot money what else use debt funds. because trading can not be relied on consistently profit what else for newbie. must first learn about tekhnical indicator or news. and must be tried first to demo account mode first if the trading system is steady and profit in demo trading then enter real trading. so can be independent in trading.

For newbies, it's hard to get on it when you are going to think of as you'll get a consistent profit, no you won't.

The best and professional traders are even going on with the same hardship of being inconsistent with their profits and that's why you have to make sure that you have studied well.

Otherwise, learn to get more experience and treat the losses as your gained experience so it won't hurt you a lot.

That is the only issue that almost all newbies have, because they do not wait until they have a thorough understanding of trading before introducing themselves. That is why the majority of Newbies lose money quickly. I believe that if newbies traders can learn and develop expertise in trading, they will profit since they will never lose money if they understand how to handle their marketing. Some people's thinking trading is simple where they can come and make money quickly; some do not even consider the risk, they simply direct themselves and begin with an amount they cannot afford to lose.

Perhaps, they are newbies, and still a lot of things need to be discovered and ideas to learn. It can't be happened in one day which is why they should be more patient and keep going with having trust with themselves rather than relying on other people who assume themselves as expert. Maybe they will but still, we need to stand alone and decide what is right and what strategy we feel comfortable with because a simple BUY, HOLD, and SELL while using known coins are certainly working without a doubt. If we still lose, it is not with the market but it is our fault.

For newcomers, relying solely on others' signals or recommendations can be dangerous, as it doesn't teach you to understand the market and make your own informed decisions. Understanding market dynamics and analysis helps make informed decisions, ultimately leading to successful trades.

BUY DIP, HODL, DCA I agree with this strategy, because if a beginner only makes trades that don't produce results it will give a lot of losses. buy and hold assets that have good potential in the future and that will provide big profits when the bull market arrives. Rather than just trusting other people's advice and not fully knowing how the trading system works, it would be a big risk. Advice from other people cannot be used as a benchmark for trading, do not follow other people's trading advice, they also get commissions from what they share.

Sounds basic but you would really be needing to be wise on which coins you would really be applying this step on which this is something would really be important. You cant really just that apply this method into shit or meme coins out there on which we know that these things are really just that good for short term. This is why if you do tend to apply these methods then better stick into those known top coins in the market
and you wont really be  that hovering yourself into those shitty projects out there. Being a noob is really just that normal since we dont know anything yet specially if we are really just that starting.
You would really be needing to work hard for the knowledge and skills that you would really be needing up to learn.

You wont really be seeing such progress if you wont really be that making yourself that doing the hard work. You would really be needing to move.
Everything could be read up and could be learn and the rest of it via real experience of course.

This is where newbies fall on these kind of traps. They’ve given their high trust on other traders in the forum and tend to follow everything they say without actually knowing that real  professionals don’t resort on giving advices, but they tend to challenge first those newbies and see how far they are determined to reach their trading goals. That’s okay to lose in trading as long as they don’t end up quitting, otherwise they will not recover their losses and will be deprived from getting profits in trading.

It is nothing but foolishness to take signals from other groups when it comes to your word for rational trading. It will make you lazy and you won't learn anything. But the owner of the group will make their fixed income every day. So the new trader always needs to do something to learn better. You see what works best for you and try to do well.

I was been a newbie and we all are. I've been reliant on others when I started, I asked several traders (friends) and even used a demo account. Gladly, I've ideas from them and gained some confidence as I was thinking that I could be like them soon. 

I was citing this thing because it was hard for a newbie to just rely on searching as I've found out it was quite easy to understand trading when someone accompanies you. But of course, this was never meant to be like for a long period because the purpose of doing this is to just know the basics of trading and additional learnings come from actual trade. Work on yourself, yes, that is the process, and acquiring knowledge from others is just another way. We just stand alone when we are totally ready and capable enough.

Using third party service as signal trading actually is not much problem and we don't spent much time for analyzing which one coins have to trade, but right now difficult to find right or accurate signal trading although spending thousand dollar every months as fees for joining their signal group.
First time signal premium published to public many trader success earn much profitable due many accurate coins recommended to buy, we don't need make analyze and the owner make limitation price for buying and selling.
During they can give accurate signal predicting why have to make own research and confusing when choosing which one coins have to trade, but right now we need adapt by our self without any signal accurate and make research by self which one coins have to buy.

A good step for new traders to learn about trading is to practice the market themselves. Other's signals will never be better than your own experience. The signals that I trade on can make a profit while other people can go in the wrong direction. One's own efforts rarely fail one gains experience by one's efforts and applies correct concepts.

A new person who wants to start trading can trade with the help of other people but if someone starts trading with other people's advice then he will face losses in the first stage. When a person starts trading with good experience about trading then his chances of loss will be very less.  But we have to be very careful while trading so that no mistakes are made. We never want our money to be at risk due to small mistakes.

If you are talking about newbies in crypto trading and, how they used to lose their time and money for not exercise patience for the real bull to come before they can trade, but you will always see them shouting that they have miss it again for not wait for the right time.

The most important thing newbies need to approach before going into crypto trading is to have the knowledge of the crypto trading and, how to have some other sources of income that will make you not to rush to trade your coins than to be strong until the bull season occur before you can trade to be profitable.

We do start from scratch and no one starts on being a pro and this is the reality of this world on which it would really be that a common approach that you should really be having on the time that you do deal up with trading. Mistakes and errors is something inevitable but it isnt something mean that you wont really be taking actions to counteract with it.Your success would really be reflecting out on how hard you do make yourself work on to those basic things on which you would really be facing on. It all matters on someones skill enhancement and gaining up experience as you do go forward.

It is really just that there are people who cant really just that make themselves that accept that losing is really part of the process. Once they do able to experience those loses then they
would really be having those kind of huge disappointments on which it would really be leading up into completely stopping or quitting on which i could say that
it isnt really just that a solid reason for them to quit on. You wont progress if you wont really be having those acceptance.

I see someone that is not making profits in the market as a newbie trader. There is no two argument about that and we need to be ready to learn if we are not having success in our trading. Trading should be skillful and more of observing the market than trading.
If we know that we are not ready to trade and make money from the market, or we have been having consistent failing the market, we need to know what we are doing and go learn more and perfect a strategy we can be using.

Even if they don't face losses in the initial stage, they need to understand that they won't have someone mentoring them and giving them signals and suggestions all the time, so even if they are earning good profit right now following signals of their mentors or so-called experts who are charging them hundreds of dollars every month for those signals, this isn't permanent and there will be a time when they will be left alone and then they will need to make their trades themselves which is when they will get in trouble.
This is why, it's essential for someone venturing into trading to learn everything beforehand instead of relying on other people and following their signals blindly because when you become alone, it's your knowledge that will guide you through.

Having a tendency and dependence on other users' signals will not make the trader grow. A trader must learn to become an independent trader even though they need a lot of time to learn. They can certainly benefit from other users' trading signals, but this does not allow them to gain anything useful about their knowledge and ability to make analysis.

Some traders may be too comfortable to trade without having to exhaustively carry out their own analysis, but such a tendency never benefits them in the long run. They need to learn to become independent traders and be able to make wise decisions and analyze opportunities independently.

You said it right, you can't rely with someone all the time when you are dealing into trading, you need to work on your own knowledge and understanding, though there's a help that be bring by someone who knows and understand the market but you should do your own work in researching and making the right decision when dealing into trading, it's not like gambling where you just put your bet and wait for luck to back you up to win your bet.

Trading is more on focus and how you adopt whatever the market is moving, there are so many kinds of style and strategy which you can learn if you are really keen in details and how will you adjust and adopt to certain market movements.

Start with knowing the business and picking up all those important details and information with what kind of asset/s that you'll going to support both for long and short term trades.

While it's true that beginners in the trading world will need to spend a lot of time on learning and getting the necessary experience to become successful, I believe that everybody should keep learning new things. Even the best trader in the crypto world with an awesome track record can learn new things that will improve his trades in the future. Just because we are doing well today, is no guarantee that it's going to stay like this forever. The crypto markets are changing all the time and we need to adapt to stay ahead. Which is why I would recommend to stick to the learning phase as long as possible. Don't just think that after a few good trades that you know everything and never need to learn more anymore. For me this will always be a constant process, to evaluate if things are moving in the right direction, or if I need to understand the current situations better and go back to learning more.

Speaking of new traders, my attitude is fixed because there was a time when I was new to crypto and lost a lot of money while trading. On the other hand i really want to speak against trading signals and they are just scams to take money from you by showing you tempting offers. Moreover today we think of Jadar as professional traders once they also lost a lot of money while trading in the beginning. In fact initially there will be decline in the trading market and when you can experience this you can build your profit base.

Learning would comes from real experience. Period!

Its neither you would really be following up some gurus or professionals but we do know that its not that much recommended or something that would really be needed because
everything that you would really be needing is already that available or could be seen online. It would really be just that depending on you on how you would really be hovering yourself
and make out that effort and putting up that time for you to grasps on everything but of course it would really be taking up some time and tons of efforts for you to have a good grasps.

On the moment that you've been dealing up with this space then it would really be impossible that you cant be able to differentiate in between things on which you would be normally
be making out that kind of adjustment on which its a common approach to have. You would be adjusting accordingly on which you do seem that it would be viable on doing so.
Profitability and success would really be determined on how well you do make yourself that be able to handle out such condition.

There is nothing we can get from signals most of the free and premium signals are scam they will give you a signal to any coins and then have a tp1, tp2, tp3 and tp4 but they don't explain why since the price of crypto is too volatile sometimes their prediction hit but again they don't have explanation how did he get those position.

You don't need any other advice or signal all you need is already in trading indicators you just need to learn more about how to validate those signals that you see from the indicator it needs some skills on how to validate them to get a strong probability to where is the best position and to become a profitable trader.

This is on point. Because as a beginner your focus should be on learning and not on making money. When you put that money mindset of trading like the need for making money then you are done. More likely, you are going to lose it. Because you've put unnecessary emotions in your trading.  Where in the first place you should just be following your plan, but instead you are pressured to make money so you cut your winning trades early, you stopped out early, or hesitated to take a trade and losses that one opportunity. The best thing you can do is to detach from money and let the edge of your trading plan work for you in the long run.

This is what often happens to beginners, they are tempted by the profits that influencers get, which makes them enthusiastic about investing, even though they don't have any knowledge, in the end these beginners lose a lot of money after following these influencers.

It's true that not all influencers have bad intentions, but many do. There are so many who claim to be reliable and successful traders even though they are rich from affiliates, so it is not uncommon for trade names to be tarnished by unscrupulous binaries like this. My advice to beginners is that if they are traders and want to make trading an income, then they must study trading science seriously in order to trade so that it makes it easier for them to see a clearer picture of each coin they invest. This must be done so that you don't invest carelessly and avoid being hypnotized by influencers circulating on social media.

It is very difficult for beginners to continue to profit from trading when they do not understand what they are doing, so it is very important for beginners to focus on their learning so that when they understand correctly they will be able to make a profit from it. the trades they make in trading, of course we have to be able to control our emotions because if we do it with emotion, of course it will be very unlikely that we can do the analysis well so that we make the wrong decision and we fail in the trade, but if we can Analyzing well will of course be able to make decisions that benefit us in the trades we make.

Yes, the newbie Freda should be able to walk on the serve very well, and understand what they are doing, and try to get their own signal on their own not to depend on that part one thing I have realizes if you work on yourself as a trade that you will be able to understand Very well more than what they explained to you and you succeed more in Trading not just waiting for signals up and done with that Trading and even if sometimes it may not be right study what you want to do and you get it right definitely

It's better if we don't have to follow their recommendations, the steps we take are better if we take their knowledge, Before jumping into trading on the market, what techniques do they use and then we learn or shop for ourselves autodidactically, don't just rely on 1 person to learn the techniques, look for other sources of information such as YouTube. If we are confident in the knowledge we have, then you can start and we need to remember that we must know that the risks are very big. Successful traders will definitely go through their difficult times to survive and make a profit.

It's best if we don't really understand or are proficient with what we want to do, it's better to take definite steps, don't let our carelessness make us lose for unclear reasons, understand first before starting because it's better for us to trade when we already understand what it means. what we have to do and what action we have to take when the coin price starts to decline, don't let us take action rashly, it will result in us going broke, aka losing in vain because of our carelessness because we don't understand how it works, trading is not as easy as we imagine, The risk of loss is very high, so don't take the wrong action so that it makes us emotional when prices start to fall.

A strong person in trading is one whose emotions are under control.  Because emotions give us motivation help us adopt anything new and emotions greatly manipulate and influence trading decisions.  For example there is fear that makes us panic, so that we exit our quantity on a small change where we should have held, not exited, because of the effect of fear.  They go out.  And then here comes the temptation.  Now the temptation is to force the trader to take bigger risks, so that he can make bigger profits.  So be it fear or greed both are great enemies for a trader.

Yup, if you understand both risk and benefits you will adopt and use the right emotions to follow your guts, there's always a big advantage when you know what industry you are working with, and same with your sentiments the one who knows how to control his own emotion is the one who can benefits from this market, just needs to make sure that before entering the business you are done dealing with your research and you are fully aware with how the market works to established good anticipation from how you'll place your positions.

Until now, there are still many newbies who have a wrong interpretation of trading; they think it's that easy to get a profit here, they think it's like gambling, or they think just buying and selling is enough to get you called a trader. And the others just heard from others that getting rich or advancing in crypto trading is just that easy.

These are the things that often lead them astray or divert their belief in trading, so they immediately lose their minds that they need to learn it first and learn the basics from the beginning so they can know and do it right. The problem is that they enter the actual trade right away; it would be okay if it were on the spot. The problem is that they immediately enter the futures trade; they don't do research before jumping into the real battle.

Newbie traders get involved in trading with what they've heard from other platform that trading isn't hard.Lets call a spade a spade, trading is hard and the chance of losses is more than investing,so when newbie traders think trading isn't hard and skip the process of learning the fundamental and analytic work of trading that's where everything on trading will look so frustrating to them.
Newbie traders should be informed that trading is less risky if only they acquire a legit knowledge on trading, with that it will help to ease the chance of losses.

If they only listen to the platform about trading and they continue to decide to trade, of course they have made the wrong decision and for everyone who decides to trade, they first prepare their knowledge about trading well, after they understand it well, then they can try to trade with a little capital first while they continue to learn about trading, because if they keep trying with large capital and if they fail in the trades they make, of course this will make them very frustrated.
You are right, every beginner of course they must first understand trading well and they must also know that it is very risky for every beginner who trades without knowledge, there is a very big possibility that they will lose the funds they use to trade.