Bitcoin Forum

This question came to my FYP on X and I could relate because at a time in my life it was the lack of knowledge of not knowing how to trade that was holding me back from making profit until I started learning how to trade from my mentor and I can make some profits when I get my reading of the market right. I also had the challenge of getting capital that I can use for trading because I was depending on my trading profits until I got to know that trading needs a trader to have other jobs because you can not only depend on trading profits when you do not know how to trade excellently. Other traders are having difficulties in trading because they do not have the right information that they need to become good traders or because they lack the capitals.

What can you say about this two problems, how will you advice a trader that is suffering from any of this problems or how did you get out of the problem if you had suffered from having lack of capital or lack of knowledge. Which of this problem is more common among traders?.

It’s more of a Lack of knowledge that trader is holding back to make a good profit because regardless of your capital as long as you know how to trade properly, you can have a good profit.

In trading, your knowledge is very important as you need to analyze the market the right way and also need to know how indicators works because trading is more about probability and analyzing, if you will just depend on any guess trade, then don’t expect to make profit.

Knowledge is the principal thing, whether in trading or in other endeavours.of.life. Without knowledge, we wallow in ignorance and grope in thick darkness.

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Well, on the part that traders should get other jobs to survive on until they're good at trading isn't an out of the space advice. It's the right thing to do. No one depends on a skill they don't have a mastery of. It cuts across.

Novice traders arrogantly blame lack of capital for their woes instead of their lack of knowledge. With set skills acquired, any trader can grow as little as $5 into wealth through compounding. All it takes is patience to get right entries. I'm not talking of trading memes. I'm talking of trading genuine and fundamental projects. It's doable.

To solve it, it's easy and all you need to do is find a source of income. It won't be solved by asking different ways of starting out because no matter how good you when you don't have capital, you will not be able to start.

Getting into futures without testing themselves if they're prepared for its volatileness. The futures trading is interesting for them and gives them the high risk-high reward ratio but, they think that high risk is easy to take. But no, they'd be surprise when they have been liquidated on an instant of the market's volatility.

The common is lack of knowledge because if it was a capital, I have a few friends on a trading group whose capitals came from airdrops, meaning they only invest time to earn some airdrops that they can sell once listed from exchanges.

Knowledge is one of the very important things before you enter into trading and I'd like to suggest include BTC in your analysis because most of the coins are dominated by Bitcoin so you need to set a position in a Bias position if you want to win in a trade you set or only trade on the coins that's not much affected by Bitcoin price fluctuates.
Another thing that gives you an advantage is if you know other traders where they place positions long or short reading the liquidation map and orderbook gives me advantage on where to entry and exit.

Obviously, lack of knowledge. You can have $1M in capital and still blow off your account if you do not know a clear strategy on how to make profits over time. Profits should be looked at from a percentage gain perspective rather than from how much is in an account.

If you lack capital, then what is the point of trading?

Lack of knowledge is the first problem, before lack of capital follows as a problem. A newbie to trading does not have knowledge about trading at first and also does not have knowledge about the amount of capital required to become really profitable from trading. A newbie to trading may have the idea that the little capital they have in their possession would be enough to turn them into big millionaires, but it's not always the case.

It is not that it is impossible for a trader with little capital to be profitable, it will just require a very good trading strategy and a lot of patience. A new trader with a very good strategy can flip their portfolio from a very small deposit to a very huge profit with a very good strategy but does not always happen.

Yes, I believe it’s more on the lack of knowledge that could hinder an aspiring trader to pursue his trading goal. Without gaining even the basics in trading, there’s no way that a trader will successfully work out his trades but most probably will suffer from consistent losses and mistakes acquired while in trading. Also, having lack of capital is another barrier when pursuing trading. You can’t start a trade unless you’re financially capable enough, that’s why a lot of poor traders have been quitting because they find it hard to seek funds for another trade once they have lost the first trade.

These two problems are usually related. As a rule, a lot of newcomers come to the cryptocurrency market who dream of earning a million, but who absolutely do not have knowledge and initial capital. Accordingly, you must first earn the initial capital in real life, part of which is spent on training.

People that are fully dependent on trading are the big boys or men traders; they have thousands of dollars or millions that they are trading with, and their one-time profit is usually huge, as is how significant their losses can be too. 

Still on Twitter, I also saw a tweet that someone was trading a meme coin and he invested more than a million dollars, but he got liquidated before the next morning, but if actually the trade had gone according to his predictions, it would have also become more than 2x or 3x what he invested. 

For a small trader or a starter, never borrow to start trading, get a job, from your salary invest only some of it into trading and while you are also trading, don't quit your job until trading have become a very reliable income source for you. 

First of all both of this are essential part of trading but in terms of weighing through them I pick knowledge as the most important aspect to acquire before anything. My reason is when one has knowledge at hand they can easily get idea on what they need or how much they need to get before they can fully trade. This is also citing that after knowledge, that capital is very important aspect again but not to knowledge

You can use your capital to gain knowledge since I'm of the opinion that learning comes from losing,  but you can't use the knowledge you have if you don't have the capital to start investing in the first place, so I'd go with capital instead.  Knowledge also comes from real-life experience, or at least a part of it, so without any capital traders wouldn't even be able to start capitalizing on the knowledge that they have.

My opinion stems from the idea that the trader would actually learn how to trade while having his own money to trade with, but if said trader just willy-nilly trades then yea, no amount of capital would fill the gap about not knowing how to trade. They're both pretty important in the end though.

It’s definitely lack of knowledge and not lack of capital. Especially when it comes to the crypto markets. You go to any futures exchange and you can have up to 100x leverage. So if you know what you are doing, even with $100 capital you can have $10,000 positions and you can easily double or triple your stack in a few trades. Lack of capital is not the problem.

It’s that people have no idea how to trade. It’s not easy. People have been doing it for decades and they still can’t make a profit. Especially if they want short term gains. Most of those gurus that you watch on YouTube, they just fake their videos and aren’t as successful as you think. Trading is extremely difficult and not for most people. 

both thing you mentioned is the most crucial thing needed for trader to be honest, can't lack any one of them, a trader with good knowledge but lack of capital will only make peanuts from their trades, since lower capital means lower profit and leveraging isn't always the best idea there is.
meanwhile trader with lack of knowledge but many capital might pose risk of losing their money instead and become broke, its always the both things that complement each other to make for good profit.
can't have one of them lacking if you trying to make money here.
so those that lack knowledge need to learn first, try to read some of the good books about trading, knowing the market and some basic principles.
for those that lack money well you should save up some money first by finding some jobs first then venture into trading where there's sufficient capital.

Knowledge and capital are both essential because there are people who has the right knowledge but doesn't have the required capital to start up while there are people who actually has the capital but doesn't have the required knowledge to make profits from trading even though there are people who are using demo to trade and thinks that they can start making profit while they trade is extremely wrong because Demo can't be subjected to live trading because it is more risky than the Demo account.

To me I will say as trader you would need all these things before you can be able to trade and make profit you can't skip any of this or chose the other and leave the other, okay let's imagine those who knows to trade they went ahead to borrow money and maybe they weren't successful with their trades automatically they are subjected to debt and most look for alternative to clear up their debt.

As a newbie trader before you start putting much interest in trading it's advisable to have other running business be it physical or online because trading is actually risky and you could lose what you don't expect in every single minute or moment, if you are that type who solely depends on trading to earn a living then it could be very hard to start up and cope with life.

Therefore what's required is for people to go
for knowledge first and gained the required skill before sourcing for fund to fund their account after which they could start with little maybe as time goes they would like to increase their equity to enable them also increase their trading capacity.

I think there is a mixture of both because we can't choose one. Knowledge is the key to the door of success but capital is the mold that is used to make that key. Be aware that too much knowledge is harmful and too much capital is also very harmful for your health and asset's also.

You have to learn and gain knowledge and then invest tha capital so that you can gain profits more than losses. Both are very important in my opinion.

Both are obstacles to making a profit.
No matter how much capital is used without good knowledge or skills, traders will only suffer losses because their trading is the result of decisions that are not based on analysis, it could be due to feeling or hype just to see what coins are trending or completely dependent on signals, because we see how Traders consider signals as a way to start trading on that day and are sure of getting a profit and believe that large capital will give them bigger profits, even an experienced trader may still suffer losses.

Knowledge and money both are essential for taking profit from trading but if you have knowledge but have no money then you can use this knowledge to help others and also work as an influencer. Once you get knowledge about trading then you can save the amount anytime so I think knowledge occupies a more beneficial place than money.

If you don't know about trading then having money cannot give you profit but if you utilise that money without giving importance to knowledge first then you will get rid of all that amount which has been used as a source of earning.

There is a saying that it is better that one prepares and wait for opportunity, than for an opportunity to come and meet one unprepared. In this context, preparing and waiting for opportunity is learning how to trade and wait for trading funds. This should be more profitable than not knowing how to trade and eventually have funds in your custody. There's no doubt that you will misuse the fund.

In a nutshell, knowing how to trade and having trading funds augments each other for there to be success. But it is encouraged to have the knowledge first before sourcing for the funds.

I would like to draw a line here for profits because $1 is profit while making $1000 also profit as well but which one you will call successful? Definitely the bigger amount right?

Capital gives you the head start that will be really helpful to make decent profits with low risky trading strategies and all it needs just basic  knowledge about trading on the other hands one who know every nook and corner not having capital like atleast $500 that will hold them from making money in trading.

It depends on the stage you are in as a trader. For beginners, you can have all the amount of capital you need but without the right knowledge, you will be burning all the capital. That is why beginners are always advised to devote more time to learning the skill so as to increase their chances of making profits when they eventually become ready to trade. But this cannot be said about professional traders.

For those who have acquired lots and lots of trading skills and knowledge, of what use is the knowledge without capital to execute what you have learnt so far? And it is not adviceable to  trade with borrowed funds. The little capital at your disposal is capable of limiting the range of profits you should be expecting.

Both knowledge and capital are very important in trading. The stage you are in trading determines what you need the most between those two inorder to increase your chances of making profits.

Traders should learn some good alternatives like joining campaigns from airdrops and other free mini apps that could give rewards with legit outcome. Though sometimes airdrop tokens won't be successful, at least there's many of them offering a lot of rewards. You can choose another passive sources, but your patience will be measured how long you could stand the pressures of being bored of waiting.
Lack of knowledge isn't a problem if you're willing to learn with a baby steps.

It's an obvious thing, if you can't trade very well, you can't depend on it, but if you are earning profits from it that is enough for you to sustain your daily needs and be able to trade without any problems then you don't need another job, but that is only if you have enough money to continue trading.


I'd say that both knowledge and capital are equally important for a trader to gain success because if you lack one, you can't do it. If you have knowledge and no capital, you can't trade because you need funds to initiate your trading career. And if you have funds but no knowledge, you can't do it again because even if you have funds, you don't know how things are done and if you try blindly, you will only lose your money.

In trading, an amount as low as 10usd then you are good to go, but when you are talking of progress and ability to navigate your way in the market and be profitable, then knowledge is part of the process that will make you profitable, but to me, knowledge alone is not enough if you really want to be profitable, their are virtues you need to possess in trading that makes you stands out in the market, and they are;

* patience: without patience, it's impossible to be successful in trading, because trading is like hunting, you have to be patient enough to wait for an opportunity to make a kill.

* discipline: without discipline, it is impossible to be successful in trading, because you have to be discipline enough to not let your emotions come into play when trading.

Lack of knowledge is the main reason why a lot of traders don't really end up profiting from what they're doing--that and experience. A lot of people who have the capital dive immediately to the war room thinking they can outsmart millions of other traders and take their lunch money just because they watched something on youtube and think that everything they've watched is applicable to all scenarios. Little did they know that even experienced traders guess the wrong trades a lot of times, what more about themselves?

It's not always about the money in trading, as you can start small and increase your capital with the trades you're doing. Eventually, you'll build a sizeable fund to play with which will enable you to make more money in trading.

True , you cannot have A without B. It's just like a coin with two sides .The head side of the coin you have knowledge and on the tail you have capital. Knowledge comes before capital and not the other way around because without knowledge your capital is useless but with knowledge a trader can multiply he or her capital 10 times over.

I'm addition to these add

intuition, - in trading I think intuition is the ability of the trader to follow his instinct when it seems the charts and his technical analysis are saying other wise.

Lack of knowledge. That's what's holding back from a trader to get profits.

I don't know if this happens, but an expert trader who has only 10$ on his trading account can just multiply his money because he knows what he's doing and his strategy works most of the time. On the other hand, a trader who has $100,000 can't make any profit if he doesn't have any knowledge or in this case, experience with regards to trading. In the end, his $100,000 will just wither away gradually until all of it will be gone.

You can have lots of capital at first, but lack of knowledge will just hinders you. On the other hand, you can start at a small capital at first, and if you know what you're doing to make continuous profit, in the long run, you will end up making more profits.

Both play huge role in determining the profits for a particular trader. So if you don’t have either of the things, then you cannot make profit my friend. I would say both complement each other. When you have funds along with knowledge, you find the best place to invest the coin. On the other hand if you have knowledge along with funds, then you can buy with maximum capacity to make the maximum profit. Hence both is necessary and required I must say.

Even if you have the money readily available to trade but dont have that knowledge and experience required to trade, I assure you won't make profit from market, Yes both work hand in hand, meaning we also need money in order to make profit, But knowledge comes first before funds and in an occasion you think you can trade because you funds, in fact even with your millions you still cannot make a single profit so far you have zero knowledge about trading.

The two always go together between capital and knowledge, if for example you have knowledge but no capital then of course there will be no action to start to make a profit, and if for example you have a lot of capital but no knowledge in the world of trading then obviously you will only waste time and money. But if the question is which one of the two is more important then I think I would answer that knowledge is much more important than capital, because anyway there are now quite a lot of loan services that you can take, although trading with borrowed money is not recommended, but there are still other ways that can be done by finding additional jobs to increase your income and also so that you have money left over to allocate to your trading.

Trading is not gambling which means that the profit that will be made is very dependent on how skilled you are in trading, if for example your flying hours are very high in the sense that you are experienced and have enough knowledge and knowledge then most likely you can make consistent profits in the long run, so in conclusion I think knowledge is the main thing in trading and this is the reason why a beginner trader is more recommended to do a lot of learning first about various things related to trading, especially risk management before entering and engaging in real trading.

I feel lack of knowledge is the major reason why traders are not making a lot of money through trading. You can have all the money in the world but if you want to trade with them without having the knowledge, you’ll end up blowing your account. Likewise, no matter how little the money you use in trading, if you can understand how the market works, you can always earn handsomely from your trades. So lack of knowledge on trading is the cause of not having enough traders benefiting from it. My advise is that, newbie traders should calm down and learn and get a strategy that works best for them and not jump into trading because they feel they understand already and have some money to put into it hoping for the money to multiply immediately. Understanding trading is like a mystery that when unfold, you’ll become beneficial in it forever.

This intuition should be based on the experience that the trader has gained over the previous years of trading. Otherwise, intuition will definitely fail the trader at some point and he will lose his deposit.

I’d say both. No one can successfully trade without sufficient amount of knowledge and even a small amount of capital. Although having knowledge will always be the most crucial one, but trading without money will still be useless. So one can only trade with more confidence if he has gained sufficient amount of knowledge and experience in the trading market, and of course a good amount of capital that will make his trading performance highly possible.

Lack of knowledge is the correct answer, that's the one holding traders back from profits. The traders who aren't knowledgeable about trading won't make any profits even if they have starting capital of $100k or $1M. The traders who lack trading skills will even lose $1m because they don't know how to make profitable traders, and how to win against the volatility of the market.

I know that there are some traders who aren't able to make profits from trading because they don't have good capital to begin trading, but that's more like an excuse because there are those traders who had very little capital to begin their trading journey and now most of those are millionaire traders. That's why I believe that the traders who are knowledgeable about trading will make profits while the ones with huge capital but less knowledge will end up emptying their accounts.

Knowledge serves as the foundation in trading, so it’s really vital to acquire knowledge first and be familiar  with how trading works in the market so that you will gain good ideas on how to make your trades successful and profitable. And of course, you won’t be able to put trading into reality if you have no funds sufficient to trade, or even a small amount will do most particularly if you are still learning the process.

These factors are always the basic requirements in trading. But as always even in other aspects, learning should always be the first focus, so you can start setting up a plan to make a certain goal become realized.

It seems you forget that each of us has our own definition of success and also each of us has our own capacity. For a not-so-rich person, earning sufficient income in trading is already a big thing for them and this is better than losing. When we are starting, I think it's the knowledge is the one that we are concerned of because money is only around the corner. After we already know the basics, we can now slowly start trading. A $500 capital is too much just to start trading and if we don't have a money yet but as long as we have a knowledge or skill, we can always think of ways and use them to produce a capital. By here, I can say that capital is only secondary.

Trading is very hard to do. and the first thing that is a challenge for a trader is how to make profit and what courses lack of getting profit? It is when a trader does not know much about the market and decides to trade, because trading is very hard to learn and is not something that you will start earning in a short period of time, and that is why many traders take a long time before they start making a profit.

So, for me, knowledge is what stops traders from making profit, not capital, because before you start trading, you know that you must get capital to join, so you can’t even start it without capital. And even if you start with a small amount of capital, you will get a profit as long as you have the knowledge, so I think the main reason traders find it difficult is knowledge, not capital.


You can’t say both, because there is no way you will trade without knowledge. Even if you have the money to enter the market, you won’t do that. So the main thing that is stopping traders from making profit is knowledge, and again, you can trade even if it’s with a small amount of money. That is why they said you should trade the amount you can afford to lose. You don’t need a huge amount of money to start trading since it is not compulsory that you get a huge return at first. As a trader, you can be using a small amount that you can afford to lose to trade to avoid the fact that even with the knowledge, there is a possibility that you will still lose money.

Many people who is a trader has been lamenting on this some years back saying that threading is a sad Hustle and you cannot depend on trading you can have any other job to do but try them will be as a supporter of whatever you are doing but many people think that participating in Trading will make you to active whatever thing you want job you can do so from my own understanding of trading I cannot take trading as mine major work because I know quite well at one day I'm a lose whatever thing I have to trading so it is better for me to use trading as a side Hustle.

basically what people really need to succeed in Trading is to know the basic functions of trading and the the rudiments of trading before, they ventured into it so I know quite well that in trading you have to understand the procedures and understanding the procedures of trading it is a personal knowledge and it has to do with a personal research..basically making a profit through trading is basically base on your strategy and what you have understood by trading. The mistake we make in trading is not to know its paths before we establish trading.

Both of them should be addressed before we start trading, it is part of the preparation.

 - don't force yourself to do something if you don't have the capability to do as it is just a suicide
 - don't underestimate trading as we need good knowledge about trading if we want to succeed
 - it is impossible to trade if we don't have enough capital, so we need to find ways but I don't suggest of taking a loan.

Rushing is one factor that makes us lose from trading. If we want to succeed, then we also have to work hard and take time knowing the market well and learn things.

I think the least problem will be capital, I mean yes even you have the knowledge and skills but if you dont have capital then there's no point to it, but the thing is there is a lot of way to have a capital even just a little amount, imagine you have capital or funds to be used but you dont have any experience or knowledge and skills in trading then what's the point right? You're just wasting your funds. That's why, for me, knowledge and skills are the most important things to hone or polish before entering trading. The funds come next. If you are confident that you can earn in trading, you could do part-time jobs, or if you have any other way of earning, then that is great. I know some will disagree, but for me, that is my stand. It is a waste of funds or money if you don't have the most important things in trading: knowledge and skills.

I have to agree. Lack of knowledge will put you at a risk of losing your funds because of wrong decision making. And because you have no clearer goal why you have to trade, you end up being greedy and believe that trading is so much easier that anyone could turn into a millionaire in just a single sleepless night.

Also, having a sufficient capital to trade is still crucial before trading. You can’t expect to trade and profit immediately, you should have a stable amount of funds first so that if you lose, you can still make a back up trade hoping that this one will already work. However, having the right amount of knowledge should always be the first goal.

In the beginning of your trading probably our first 1 year, you don't need a large amount of capital to learn how to trade, how to read price action, and to manage risk. You can even learn without any money because paper trading accounts are available right now. So there is no problem with that. You are only worrying about the money because you want to make money right away which is not the case in trading. On your first year, you will absolutely lose a lot of times. And instead you should focus on the process and building good habits. Discipline and commitment is the common problems among traders that holds them back from being profitable.

It's true what you say, a lack of knowledge about trading will of course mean that we won't know the right time to enter the market and won't be able to make a profit from the trades they make, but for some people who already have the knowledge and skills, of course they will make an analysis first before deciding to trade and if the results of their analysis are good of course they will trade and will be able to make a profit, the profit we get really depends on the capital we use to trade and it would be better for us to use capital that we can afford responsibility if you experience failure in trading.

Lacking either one of them will make it difficult for someone to make profits in trading, to do something knowledge and skills are key but when it comes to trading how much capital you have plays a major role as well depends on what kind of trading you are into. But higher the capital the chances of making profits is kind of easier, they no need to do multiple trades, all they need is to buy at low and sell at high even if their trade complete once in a while still it's going to bring decent profits.

Make decisions accordingly on the life situation that you do have on which if you have decided to make out some engagement with trading but in some sort on making it as your main source of income then better think not because this isnt something that could be easily be able to do so considering that you would really be needing up to learn up the skills that you would really be needing on dealing up with this market
and it doesnt really take up short time with that but rather it would really be taking up a couple of years or might longer. This is why on the time that you have decided on making up some trades then make it sure that you are really just that putting the money on which you can afford to lose and since you do have a job then always allocate on the amount that you are willing to lose.

On the time that you've seen that you are self sustainable when it comes to your trading dealing then this is the time that you might considering on having full time but
of course you would needing up to think off for how many times on how you should really be making yourself that kind of decision.

I think both are causing different problems for different people.  No one can invest in trading due to lack of capital. Because if there is not enough capital, one cannot invest properly in trading. Again, many people have enough capital but due to lack of knowledge they face repeated losses in trading. Because many people assume that trading is easy in the beginning and they  They don't follow the rules. That's when they face loss. And I think the lack of knowledge is more noticeable in the case of loss in trading. If the capital is less, the amount of loss is not seen so much.

But still, I think it is much easier to learn trading with sufficient capital than having theoretical knowledge of trading and not being able to practice due to lack of money. And there is no guarantee that after receiving training, you will be able to trade profitably, since you will lack experience that money cannot buy.

Before you will start trading, the first thing which you are suppose to acquire is knowledge, you can’t just jump into trading without having knowledge about what it’s all about and you think you will be making money, if you are financially stable, and you decide to go into trading without having knowledge, don’t be surprise that you are going to lose most of the money which you are trading with.

If you want to start trading, you need capital to do that, and if you are a beginner, you shouldn’t just expect profit when you start trading, you might end up losing everything you started trading with, but in the process of losing, I am sure you are going to be learning. So I don’t even encourage traders to depend on trading alone, having multiple sources of income is just the best, don’t depend only on one source of income.
 
If you are knowledgeable about trading and you don’t have much capital, I am sure the more you keep on trading and you are making profits, you will be able to grow the money that you are using to trade, so I believe someone who has knowledge with little capital will still survive. You will be able to grow your account, but it might take time.

Gain knowledge and capital.

For everything that someone is lacking of, you need to fill them in and there will be no other solution to that problem but that. If you can't do anything to fill that gap in, then you're the problem.

And being you as the problem, you need to realize that you're in a big trouble that yourself is a problem when you can't fill that in for lacking money or capital.

It only means that you need to work for yourself and as for the knowledge, you need to spend time reading and learning more materials about trading.

Trading is less risky if you both have the knowledge and capital in the first place. Lacking one of it will only compromise the outcome of your trade, hence you’ll most likely to panic when bitcoin price goes the other way since you’re not fully equipped with the requirements needed before trading. Although knowledge is often most important as a starting tool, but trading with lack of money won’t still make you focus on winning your trade because it’s hard to maximize trading outcome when one is lacking.

Yes, trading while lacking one of it will never end up at its highest advantage. However, I must say, that if you aim to be trader, be a learner first and gain all the necessary learnings that a successful trader should have. Through that way, you will be able to get rid somehow of losses and be able to manage your trades rightly because you were trained first before you decided to trade for real.

What about those people that do not have a better knowledge of trading but have the capital only, having high capital will not make them a better trader. Having a high capital only becomes an additional advantage when you have good knowledge on trading because you can use that capital to make more money. For me I think what is holding traders back from making profits is the lack of knowledge and not the lack of capital, if you have the knowledge and you know how good you are as a trader, you can look for ways to raise capital to use in trading. After they start they can make money from trading but most cryptocurrency traders do not have the accurate knowledge and act on instinct, they are not making profit because they do no know how to monitor the market and be able to detect the next direction the market will be going.

Theoretically making money from trading is easy while the reality gives contrast results, for someone to be consistent in profits whether they are highly knowledge in technical analysis still their fate is not in their hand entire cause the market is affected by lot of external factors while someone with very basic knowledge but got huge capital to trade it is much more easier and we can expect them to make profits than the one who are highly skilled with all the technical analysis and stuffs.

Knowledge and experience are the basics and one cannot step forward without knowledge but in case of trading more you use your money more you will be profitable but for making it real knowledge is a must. Successful traders give importance to both knowledge and money but newbies think that if they have money then they can double the sum from such an amount but it looks difficult without knowledge.

The amount of money has greater effects on your profit or loss so if you have knowledge and you use greater amounts then your profit will also be greater but if you don't have knowledge then any amount you are using you will be empty handed as knowledge is the building block of success.

Unless we are talking about zero dollars, then knowledge is definitely the one that is keeping you from profiting. Of course if you have nearly no money then capital is an issue as well, but that is rare situation, if you have even as little as hundred dollars to spare on this, then it means that someone with a good knowledge about trading would be able to make profit from it, and you could be that person.

I believe that the best thing to do would be just realizing that getting that knowledge is one of the most important things you can do in the crypto world and we could make a good chunk of money from it. Trading is hard, but the more you study the better you will get about it and you should always keep that in mind.

Everyone is expected to have enough knowledge before becoming involved in trading. There is no way that someone will be successful in trading without having good knowledge about trading. the reason why most people hardly make profits from trading it because they lack of proper knowledge, despite that trading is difficult when you have good knowledge about trading it may not be that hard for someone to be making profits from trading.



The capital you started with is not capital, or what you are trying to say is that it was not enough capital? As this is your first time trading, you don't need a lot of capital because there is a high probability that you can lose on your first attempt. It is not bad to depend on your profit to grow your trading capital. But the truth is that you need alternative sources of income when you are in crypto, either crypto investment or trading.

If everything were so simple—to accumulate some capital and follow the ready-made path of trading, which necessarily implies profit—would there be stories about unsuccessful traders? However, we often see the opposite. There are a lot of people with money who lose it due to insufficient preparation, too many emotional transactions, etc. However, of course, having a lot of money comes with the great privilege of learning from mistakes and creating your strategy step by step. Compared to those who do not have many chances for additional attempts due to a lack of funds.

A trader must have both capital and knowledge before trading. Because neither knowledge nor capital alone can help a trader to become profitable. If knowledge and capital are both available in a trader, then the probability of getting profit increases but it is not guaranteed. For trading, a trader must have various knowledge. But even if there is not enough financial ability, there is no possibility to get profit. Sometimes the trader needs to exploit small differences in price to earn profit. But between these two things I think knowledge is essential. If a trader does not have proper knowledge then he is blind in that platform. So knowledge is more important to me.

We should not get it all wrong, if a person is happens to be a trader is having the knowledge about trading but have no capital to start, that knowledge alone is enough to help him have an opportunity of providing service in which he can render and earn money from, safe up and accumulate such to later use for trading, whereas someone who has no idea on trading but have money can loose the entire fund on series of mistakes which could be inevitable for him to avoid because of lack of know-how.

Lack of capital can make a trader not to ne able to afford to get new resources and materials that could improve their knowledge in trading and introduce them to new strategies, lack of capital has also even made people who have knowledge already in trading to organize and form signal groups to gather up other people to try to have more money that they can use to trade and make better profits from. It is a lack of capital for me that has made traders to have less profits. With very good capital they can register for better trading classes and afford better trading materials that will ensure that they get the best form of knowledge.

Supporting capital and knowledge that continues to be explored is the main basis for truly surviving in any trading industry, including crypto trading. Because these 2 elements are related to each other, if one of them is not balanced it will not produce optimal profits. For example, if you have capital but don't want to learn how to trade, being lazy about experimenting with analytical techniques will only make you lose. On the other hand, if you have sufficient knowledge and are willing to learn new things but if you have capital constraints, you will also have difficulty making a profit. However the second option is still better even if the capital is not sufficient, but if you have knowledge in trading, in theory it can still be attempted. Because with this knowledge, little by little you can find ways to utilize your skills.

Agree with what you say, to learn trading things is not easy, we have to take quite a long time to master this knowledge. Indeed, the two cannot be separated, on the other hand, those who already have skills but don't have the capital to trade, don't push too hard if they don't have the money to trade. If your financial condition is stable, you can trade. Trading doesn't have to involve a lot of capital. If a beginner has a fairly better financial condition, in my opinion they should learn first, don't just think about getting instant profits if they don't want to fall deeper into their finances. Learn from the closest people or friends who played it much earlier.

Lack of capital usually suggests a small starting capital, if you have 1 million dollars then yeah you would learn how to be a trader with time and by the time you learn it you would still have a lot of money, although there are people who lost a million dollars on leverage because they are idiots who risk way too much, more than they should.

In reality, I agree that it is about trading and how to do it, because there isn't any ready made path, it takes a lot of work and a lot of studying to become a trader who would be dynamic enough to know what they should at what moment. Trading isn't something we can just give a paper and tell someone to follow it, this isn't some food recipe, it is something you need to learn with time.

Huge money doesnt mean that  you would really be having that advantage at all on which we know that when you do lack that experience and knowledge then you would eventually be ending up on having that
probability that you would be able to lose money and this is something that do means that money isnt everything.Although you would really be having that advantage over into those people who doesnt have that much money but just like on what you had mentioned is on the time that you do have less money then you could start off with small capital on which you could eventually be able to compound those profits until  you do make it big but of course this isnt something that would be an assured thing to happen because success would really be that depending on how well a certain person wowuld really be doing trading on which we know that
this isnt a skill that you could learn up so easily.

This is why on the time that you are still that starting up then it would be better that you should really know on what you are doing and despite on having less capital
then you could still make trades out of it. The key on here is that you dont make yourself that in a rush because this is where mistakes do usually happen.

both capital and knowledge on trading is a big problem, as a trader you need to have a knowledge on how to do trading on a perfect way to make a huge profit and at the same time you also need a big capital to earn big, so we really need the two important thing which is knowledge and money as capital and this ks really a serious problem to small time trader we can really feel the pressure of not having enough capital and knowledge this is a sad reality.

On a scale of preference, Knowledge comes first. I believe why traders loss is because of lack of knowledge and this is the major problem not really about capital of course before you get into trading you are already have a source of income.

And any trader who has the right knowledge can flip or grow whatever account size and scale up, there are proper firms.

You don't need to have huge capital to earn big, that's trash mentality.

I don't think you really need a huge capital to start trading the only advantage of having a big capital on trading is to make a profit in small fluctuates and the advantage of using small leverage. That's the disadvantage for small accounts but you can still able to trade and another thing is if you are not confident yet in your own trading skills it's always better to practice in paper money some exchanges offer such services as demo trading like in OKX or use tradingview.
Trading is honestly pretty risky on small traders if you trade in a smaller view or time frame you will experience some big spikes that is why I do recommend the higher time frame as it gives you a better view and prediction its just not good for intraday but the result is better than trading lower time frames 1m, 5m, and 15m I tried that I lose fast and you need to react right away because there are lots of manipulation in lower time frame than on higher time frame.

We always have a solution when we want to try to achieve a better life, but sometimes we are too lazy to try harder to get it.
In terms of trading, both of them do have quite an important role, where money is the first step to reach the stage of being able to make a profit, but without good trading knowledge, money is also unable to provide profits in trading because people don't know how to do it.

Lack of capital can be increased over time and if our trading knowledge is good then it will provide a way to start trading consistently.
Although sometimes trading does not always produce profits, if the trading knowledge we have is good then people can trade with small capital and continue to increase it consistently.

Even though there are actually several other factors that make trading successful, such as self-confidence, risk management, and experience in the market, if you ask me which is more important, capital or knowledge, then I will answer knowledge. Because no matter how big your capital is, if you lack knowledge then what will happen is that you will make the wrong decisions in your trading and that will result in losses. However, when you have knowledge, no matter how much capital you have, then when you utilize that knowledge you can turn it into something that brings profit to you.

Knowledge or lacking of it will surely be the thing that makes you do hold up your thing or being skeptical on the things that you are dealing with since you do know that when it comes to this matter
on which its impossible that you cant be able to notice it out on the time that you would be tending to engage on. You would really be that skeptical due to lack of awareness or simply having that kind of knowledge which you would really be mainly be needed.If we do speak about less capital then this is something that could be easily be find out or would be solution.
This is why on the time that you would be able to engage with it then you would be able to obtain that experience and this is something that gets that sufficient knowledge but of
course it would really be a never ending thing since learning within this market will really be having no end point and would be continous.

I agree with your thoughts, if I had to choose then I would also choose knowledge. Of course trading must be done with sufficient knowledge, if we don't have sufficient knowledge then it is very unlikely that we will be able to make a profit, or will we only rely on profits and miracles? it's not recommended. What you say is correct, no matter how much capital is used, if we lack knowledge then it will be meaningless, it will only be a waste of time and money.

but on the contrary, with good knowledge or understanding, no matter how small the capital,  it can be utilized as well as possible. in the sense that small capital is a reasonable limit for being able to trade.

Everything you say is really needed by someone who wants to get good results from the trading they will do and having knowledge is of course the most important thing before deciding to trade because without knowledge of course it will be very impossible for us to start trading and If indeed we force ourselves to keep trading, of course this will make us lose the money we have on the trades we make. It is true that whatever capital we have, with good knowledge about trading, of course we will be able to make the money we have. These can increase and we will be able to make the right decisions on the trades we make.

You are very on point, as it is knowledge for me that makes a trader have more profits, rather than capital.
I also think that character in addition to knowledge is more profitable because a trader might have the right knowledge and even the capital, but lack the right character needed to remain in the market for long and be more valuable and profitable.
A trader whose ego is over the roof would have to struggle to remain knowledgeable because no one would like such character to get close enough and despite their capital, they may have to sacrifice much to gain or become successful in trading.

The first thing to earn from trading is to be familiar with the strategies of trading, knowledge about the market fluctuations, have the ability to choose good coins and have the patience to bear any loss because trading does not give you continuous profit or success. If you have chosen a good coin then you can make a good profit from a small amount but if you choose the wrong coin then this small amount will also becomes a cause of distress for you.

Trading should not be considered as a piece of work that will give you non stop salary for prolonged timing but it should be a side job and don't forget that you will not only earn money through trading but you can also face loss either big or small.

Right, both are crucial in trading but I really think it all boils down to lack of knowledge from the start. If you don’t have sufficient amount of knowledge, you won’t have insights on how to enhance your skills and develop your strategies which I think the most vital in trading.

Money can always be seen but it will never guarantee a successful trading outcome, but if you have even the basic knowledge and skills in trading, you know for sure that you are doing the right thing in trading which may lead to achieve profits.

Lack of capital shouldn't be a problem, we can start by smaller amount as part of learning process. Trading should be done carefully not in a rush ways, because knowledge will eventually follow through once you gain experience. Skills will be developed, traders should learn to have patience first before complaining on matters that isn't having sense because we need common sense actually.

Some people are not limited by either knowledge or money, they are just victims of fear that has successfully limited them from trying to make profit from the market. They have the knowledge to make them some profits, and they also have the capital to start trading, but they are just afraid of starting to trade in the live market. Fear is a strong factor and can reduce the confidence a trader has on his knowledge. This fear can be built up when a trader keeps hearing negative news about the market from the trader around him. All these negative news will build up fear.

No problem if you are starting out and you want to start with small amount for learning and understand the market. But as time goes by when you've fully understood the concept of trading and the market, you need to increase your budget.

There are traders that they leverage a small amount and goes to the futures and tries to multiply it there. Some are successful when they get used to it.

But this strategy isn't for everybody because risk in futures is far from the typical spot trading that has lesser risk.

It is difficult to know as I think both problems are very common, after all, most traders want to become one because they think this is the opportunity they have been looking for to change their lives, but this often means they have little money available to trade.

However, the lack of knowledge is extremely common as well, just take a look at the altcoin section on the forum and you can often find newbies asking if investing in a meme coin in particular is a good idea, a question that someone that really knew what they were doing will not bother to ask, as they will know that all meme coins are scams.

Basically we have to understand what we want to do because how can we possibly succeed if we don't understand how to do it.
The mistakes many people make are not learning to understand and they are influenced by the feelings given by other people, so that when involved they do not have the skills to carry out and experience unnecessary losses.

Success in trading is not seen from money but from trading skills, but there is no opportunity to trade when someone does not have the capital to run it.
So both are needed to make someone successful, so money and knowledge are important steps to have. There are many people who have money but don't have skills in trading and vice versa, people who have skills don't have much money, so they will experience problems in practice.

Not only the knowledge but the necessary market experience and psychology within it. Because you may know top-down what your strategy is but aren't able to perform due to your personal issues, then you still won't be able to make money. So don't just preach any winning strategy. At the end of the day, the real edge in trading is actually the trader and not the strategy. By that, you can turn your 10 dollars to 100 to a 1000 to a ten thousand until capital is no longer a problem for you. It's an overall skill that you need to have first to be in a profitability stage.

both are very important things. Without knowledge you can only trade by hoping for luck and that is almost the same as gambling, whereas without capital, you cannot earn anything. After all, these two are the things that are most needed in trading. There is no optimal trading without one of them. However, if you want optimal profit, then you need a lot of capital for that.

Comparing these two is like comparing apples and oranges, it has nothing to do with it. Capital is important, based on your income, if you make 3000 a month, making 300 profit a month isn't bad, making 30 is bad, but if you are making 200 a month, even making 30 is good. So, it is a thing that all depends on your income, if you want to make sure that you have capital, then you need to first invest and learn to save some money, after you reach a good level, you could start trading for some serious money.

This means capital is very important. Does that mean knowledge isn't? If you have no knowledge of how to trade, how could you make some money? You are going to need it and I believe that we are going to need to learn first, then make money later on.

Logically, how can people trade without having capital and how can they set a strategy when they don't understand how to trade correctly.
Hoping for luck will only make us lose because trading is not done once and it is impossible for us to get luck every time.
To make a profit in trading, we have to prepare capital and knowledge, but there will be times when we experience losses because trading does not always go well as expected.
Remember, that people who are experienced in trading also experience losses and that cannot be avoided.
What about beginners who do not have good knowledge when carrying out trading.

I think it's both and you've answered the question in your post already.
There are people have have a "lack of capital" problem and there are those that have a "lack of knowledge" problem. We can't decide which is more important than the other because they're both problems.
Without knowledge, all your capital is useless when it comes to trading and without capital, the knowledge you have won't be useful until you get capital.

Both problems can be solved and you've given the solution.
If you have a lack of capital problem, then look for a job or a source of income so you can use that money for trading.
If you have a lack of knowledge problem, make more research, find a mentor, study more and learn. Pay for courses (good courses of course, not those scam people that are everywhere)
Make use of YouTube. YouTube is a very good app for learning that people overlook a lot too.

For me it is the lack of knowledge, people with skills and knowledge could always start small and make it big because of it, but people with capital would only lose if they don't have proper knowledge or skills in trading.
There are so many successful person/business that starts with small capital, and made it big due to their knowledge and skill.

Both of the two instances can make a person not to be profitable in trading. They are both important because without any one of them, you can’t place trade and be confident that it’ll give you good profits. My instance was the lack of knowledge part and I still feel I haven’t learnt a lot yet because of the winning to losses ratio one incur from time to time. Trading will only be enjoyable with both money and the knowledge. Depending on the profits you’ve made from it after being accumulated from trading, it can be used to fund your account. You just have to plan yourself and how you intend to have a way to always fund the account and trade again because practice makes perfect.

Talking literally then you would really be needing that capital for you to be able to trade on which it would be the main thing that you would be needing for you to be able to trade. If we do speak about demo then its really just that fake money or balance. It is really just that good for the sake of practicing or backtesting but in speaking about real profits then there's no way that you could be able to obtain. Lack of capital is something a personal problem and you would be needing to find ways to have that funding for you to be able to have some capital because if you wont risks nothing then there's no something that you would be trading.
It would really be normal that you would really having those kind of hesitance on the moment that you would really be experiencing some doubts due to some reason.

Come to think or bare in mind that you wont really be able earn something if you wont be risking on something then you wont be gaining something.When it comes to lacks of knowledge then this is something that you would really be needing to know via real experience. We are all starting on being a noob on which it would be that understandable that all of us would be that passing into this kind of certain state on which it would be a common approach that you would be needing to adjust and learn on up the things basing up on what you do experience along the way.It will really be just that depending on you on how you
would really be hovering yourself into things on which you are really that dealing on with.

Both are important things that a trader must acquire but still, they can trade without knowledge, yet it is very expected for losses. But if you are a smart person, I don't think we have to do that when we know this would be the thing we get instead of profit. Besides, trading is not a competition to think that who will come first will earn more but it is those who have capital and the right knowledge.
That is necessary to make ourselves well-prepared or else, we are making no fortune in trading. If we want to become a successful trader, then we have to equip ourselves with knowledge, skills, and enough capital.

I do agree that knowledge and capital are both crucial when trading. But if we analyze it more deeply, having lack of knowledge is the first reason why most traders do not end up successful and profitable in their trades. A trader should always gain sufficient amount of knowledge on the market and on the coins itself, so that he won’t end up making a wrong decision in trading. If he pursue trading and fail to analyze the market movement and its current condition, most probably he will suffer losses in trading. Having a good amount of capital is also important, but the first and the most vital goal should always be acquiring a good amount of information prior to trading.

Knowledge about trading is of course very important to be able to trade and also the funds we use in trading are of course equally important because without funds and knowledge of course it will be very impossible for us to be able to trade.
Practicing to become someone who can trade is of course very important and we must remember that when we are practicing we have to use capital that we can afford if we experience failure and that we can still correct the mistakes we made and will be able to try again.

A lot of capital allows you or other traders to gain higher profits, but if you are not supported by sufficient trading knowledge and experience, the potential loss can be higher than the profit you expect.

Small capital that is cultivated to become large during the trading process is much better than large capital. There is experience and expertise that can be expected from this method, of course only experts are able to make small capital into large amounts. Trading requires capital, experience, knowledge and expertise, but to gain profits in the market all you need is sometimes the courage to take risks and hold longer.

Not all traders who start trading with large capital will get the profits as expected, while traders who have small capital may succeed in becoming millionaires because of their skills and knowledge. This has happened and may have been told in various places, of course it is possible.

True, both are equally important because knowledge and capital will go side by side, or that means to be able to make a profit then a trader needs to combine knowledge and capital, but if there is a question about which is more important between knowledge and capital then I think knowledge is much more important than capital, because after all as we know that the name of capital we can get from anywhere and there are already quite a lot of services that provide loans (although I understand that the idea is not recommended), meaning that when someone has knowledge but does not have capital then they still have an alternative to utilize which is to borrow money. But if someone only has capital but no knowledge for various reasons such as lazy learning or any reason then I think the trading activities they do in the end will just waste their time and money, but yes overall these two things are really needed because it is something that must be prepared by a trader.

Knowledge is the main capital for trading, while we can obtain cash capital from various things so that we get capital for trading. Many traders are given capital from investors, but with certain contractual ties and certain agreements agreed to by both parties. because basically a trader does not want intervention, so they can think calmly and communicate with market movements

Agree with your opinion both have a prime space in getting profit from trading and for most of the individuals center of attention is money to make trade but don't learn for it therefore their huge money cannot give them anything in return. Knowledge minimizes your loss percentage and if you have knowledge then you can decide boldly and will have the sense to pick a good coin.

A lot of capital if someone is using to trade but don't know about trading then this can turn into zero Sum because you will not take help from your Knowledge and mind here but you want to take help from your good luck which does not suggest that you will always be profitable.

That's just it bro, your just on point, the principal thing that needs to be obtained in trading is knowledge, because without knowledge it will definitely be fruitless engaging in trading activities, it will be from on losses to another, but if you have the required knowledge to navigate your way in the market and comes out profitable, you can even start with the least 5us dollar, and grow it to your desired capital you wish, or you can even decide not to trade your own money, but investors money, because that's what most of these successful traders do nowadays.

Something that should not be considered even though you have the desired knowledge is loan, am actually not a fan of taking loan to trade, because it puts you under unnecessary pressure, and in trading it's advisable to trade with only what you can afford to lose, and I believe that you definitely can't afford to lose that money, so when some people are talking of taking loan to trade, I just smiles, because they actually don't know what they are saying.

so In essence of all this is that knowledge is the principal key that a trader needs to succeed in trading, then as for the capital, I believe that every trader will be able to afford 5usdt, so it's best to start with it or trade with investors money if you have them at your disposal, so lack of knowledge is what have held most traders back, not capital.

Of course, as you said, knowledge is the first capital in involvement in the world of trading because our goal here is to make profits and profits can only be obtained when someone knows how to get them, and yes we also can't forget about other capital, namely money as a tool. or an intermediary that is used every time you make a decision, and as I said before, knowledge is much more important than capital.

Because on the other hand, as you said above, there are also many investors who want to give us capital, even though the process is quite complicated when you trade on a profit sharing agreement with other people, but yes, if there is no other way then there is no harm in take advantage of investors by accepting the capital offers they provide, but overall it is clear that it is better not to have anyone interfere with your trading activities, meaning it is better to find money first, such as looking for a job or whatever it is that can give you something to do. trading capital.

The best thing is not to risk it but to learn first before getting involved in it.
Taking risks without knowledge will only cause problems because you will not be able to solve problems when trading does not go according to plan. How many people risk not knowing how to succeed in trading and I can assure you it was a bad decision.
Basically everyone starts from beginners but we learn to improve our knowledge in order to be better prepared for trading. Without learning about trading first, taking risks is a bad decision because you don't understand how to trade properly.

I quite agreed with you on this issue because once the proper knowledge in trading is acquired other factors are minor, now a profitable forex trader can purchase a 5K prop account from a trading firm at a price of $20 with profit sharing after making some decent profits likewise in cryptocurrencies trading via Future trading a knowledgeable trader can also earn decent profits with a reasonable leverage thus above all knowledge in trading is the paramount aspect to learn in order to be consistent in earning profit, of course lack the knowledge would definitely lead to account liquidation and loss of funds.

First, you need to have the knowledge of crypto trading before jumping into trading with your capital, because you will begin to see something you have red about crypto trading and it will help you to earn well when you follow up the right step to trade in the market.

There is something I noticed from some traders in the market when they have the capital to buy coins from the market, you will see the sign of crypto skills in them because they will like to buy coins when the price is dumping and hodl till the price pump higher.
Once you key to your knowledge in trading, it will be difficult for others traders to deceive you to trade in a wrong season because you will surely know the season that will bring profits to you before trading in the market.

Taking risks without any knowledge is something that would really be that too dangerous of a certain individual specially if they would really be tending to deal up with something but actually dont have the knowledge for them to be able to do so. This is where people would really be usually be ending up on having themselves into those disasters on which we know that at the moment that they will be doing on something then it would really be that a common reason on why they do lost up even more. Even if you do have tons of capital but you dont have that sufficient knowledge and awareness on the thing that you are doing then it would really be something that would really be that useless. This is why it would really be better that at the moment that you do make out such step or option then you should really be that minding off with things.

Making profits is never been easy since it would really be reflecting out on how well you do engage on things or simply depending on how skillful you are and a little bit mix of luck.
Dealing up with this space is never been that simple,without enough knowledge then you could barely be able to make some outright decisions.

Correct, you can't just base your willingness to gamble on the capital you will use in trading because you are not looking for a firm profit but rather just gambling. Trading is not gambling;
it is an opportunity that can be a stable source of income that can give us money if we are deeply knowledgeable about trading.

That's why it becomes a skill because it can bring us profit as traders in the crypto space or in this industry. That's why we must learn the analysis correctly when reading the chart.

Both of them are common and people encounter both of them. When you see someone that is really interested in learning about trading, when you check well, most of the people in that category will make sure they learn it to the fullest in order to earn from it handsomely. Those set of people are not financially stable to be funding their accounts to trade frequently, so they are the people that focus more on the knowledge since they don’t have the money to fund at that time.

The other set of people that already have money don’t always pay attention to learning and having the right knowledge about trading. They actually came to learn more about trading, but seeing how serious you have to become in order to make good amount of money, they don’t pay that attention because the primary purpose of it is money and they got some already. The thought of stressing themself more to get more money makes them lazy not to concentrate more on learning how to trade. It is not easy to come across one person to have both threat, it is always one at a time while the successful ones have beaten those two to reach where they are today.

That's what most people do who want to make quick profits and they never think about how to minimize the risks resulting from whatever process they undertake.
Not having knowledge can be learned and when people really want to learn there is definitely hope for them to develop, even though sometimes they have to go through a long process of learning.
How many people have enough capital to get involved in trading but they are aware of the risks so they don't get involved in it. Without good knowledge about trading, money will not be able to provide them with benefits in making money because trading really requires knowledge and we are in an unfavorable condition when we don't have knowledge in running it.

Never before have I seen anyone successfully trade by relying on luck and that is the nature of a trading system that must be learned.
Making money is not as easy as writing because there are many considerations we have to make when trading. Not everyone is suited to this model of trading in crypto as there are many risks to consider before starting.

Even though not everyone can suit the trading model in crypto, everyone can learn to start trading in crypto as long as they are willing to look for strategies, are willing to manage risks and are also willing to see people who have been successful through trading. Because if you only complain and make excuses about the difficulty of making money and the difficulty of trading in crypto, it will be difficult for people who think like that to want to start trading in crypto because they will always be haunted by the fear that their job will be at risk.

Knowledge is more important than capital to get good profit by trading. If you don't have knowledge, your capital will be zero soon. And if you have knowledge, you can trade with little capital and earn good profit. As a result, your capital will increase. So there is no substitute for knowledge for trading.

Of course, this is very important and it is very unlikely that someone can make a profit from the trading they do without any knowledge about trading. I think there is nothing wrong with trading using small capital as long as we have good knowledge about trading, of course the capital we have can we develop it with the knowledge we have in trading, so I think before someone decides to trade it would be better for them to have good knowledge in trading and after that think about the capital to be able to trade.

All traders have the intention and goal to make a profit in every session they do, and only one can make them get the expected profit is by having knowledge, because trading is a skill activity and not gambling that only relies on luck. This means that the more knowledge you have, the greater the chances of profit you will get, in the sense that you will be able to achieve a consistent situation in terms of gaining profits in every session you do.

On the other hand, everything big always starts from the smallest, meaning that this is the reason why in every success or success must always require struggle and hard work and a long-term process, none other than because only the process can shape ourselves and our minds are increasingly developing with various experiences that will give us the knowledge or knowledge needed. Another thing is that yes it is true as you say that for the initial stage it is always recommended to only use a small budget amount, the reason? obviously because we are a beginner who does not have much experience and knowledge while trading is always a risky activity, in the sense of using large amounts of capital without being equipped with qualified knowledge and knowledge then obviously it is an idea that in the end will only make you lose large amounts of money.

No matter how small your capital in trading, you can still make profit if you really have exact knowledge. If you have big amount money, if you enter trading you will only liquidate it. So for me, I'll go with knowledge if you really want profit. You can be rich in trading if you win consistently with your small funds.

According to me, it's the knowledge that is required to gain profits from trading.
No matter how much capital you have, if you don't have the required knowledge then you will end up losing all your capital.
We should learn to trade with a small capital and then gradually increase our capital when we start making consistent profits.

Capital helps very well in trading because there are some capital that can give you a good profit. Using $10 to trade is punishment because I do not see how you can turn that money into bigger amounts. If there is a possibility that you can do it, it will take you more time and if you lose along the way, you will be pushed backwards to start again but a trader that has the capital will use that capital well and can make profit than you. Some traders are lucky that they win with their first set of trade and they can turn $100 into $500. But knowledge is the most important thing every trader needs because with knowledge you can always look for other ways to rise capital and use in trading but when you do not have the knowledge despite having the cash you will always be getting bad results. Both factors has their role that they play but knowledge about trading should be more important than capital for trading.

You are absolutely right, there is no way, a trader will not have the knowledge or the understanding of crypto, that will not be making profits even if it's not everytime they will be gaining but the win will be much bigger and better.

So that is why we are always advice to first know the basic knowledge and understanding before be involving into it, so that we can be avoiding some kind mistakes, that can or will affect both physically and emotionally and losing money is never a funny fun.

I agree with what you are saying; it doesn't matter if you don't start trading right away on the actual exchange platform, and at least you should first feed yourself to have knowledge about trading. It's like someone who wants to learn to drive a car.

It's not enough to just know how to drive a car, and then you don't know about signage or traffic laws and don't have a license or a seminar or orientation. The same goes for learning to trade crypto or stocks.

I've heard some people say if they had money, they'll do better. While I may give room to agree,  I think that your knowledge is what determines it and not the capital. If you do not have the proper knowledge, you will end up wasting it all (whether you invested big or small). So knowledge is most important than anything.

If you could do well in trading only if you had money, all the rich people of the world would do trading. There was no chance for poor people here. There was no need for any knowledge, there was no expert. Everyone has the same objective in trading that is to earn profit. And if money was the only factor that controls trading, then there would be no chance of loss from here. So I agree with you that knowledge is  important for trading.

Trading is not only a battle about how you will manage the market this thing to challenges your mental stability and critical thinking until when you can handle the stress or emotions while doing a trade, if you cant handle this probably you will commit a wrong decision making in your trades, also tons of information right now is on the internet all you need is to give time and effort to make understand those data in your table. Being a trader does require capital so if you want to make a trade at least you have a budget that you are willingly would like to take a risk, people doing trader as their source of income but for me honestly its good to have different good earning that caters your need and of course add extra to your trading journey.

In reality, knowledge and capital are needed when someone wants to carry out trading and without these two things we can get no results.
The mindset of thinking really needs to be changed and if other people can do it why can't we, that's how we can develop ourselves because nothing is impossible when people want to learn.
Fear and risk are always there, especially if it is directly related to money, but as long as we are able to minimize all of this we can carry out it because we know what we are going to do.

The problem is when people involved in trading do not represent the correct knowledge so they decide things in the wrong way.
Most of them are more likely to see what other people do in trading and think they can do the same thing to make a profit.

I also think that if a person has knowledge he can face any situation and live well.  If a person has a lot of money, if he does not have knowledge, he will not be able to use the money at the right time. On the other hand, if another person does not have money, but if he has the right knowledge, then he can easily earn a lot of money by doing good work and be happy and peaceful.  Can enjoy life.

Trading isn’t meant for rich people as well. Matter of fact, most people who trade do not really have money. What they do is try to make as much money as they can from reselling after they have purchased. Trading is for everyone. If you have big amounts or small amounts, in the end, what matters is that you can manage these mounts.

I second your thoughts because I have seen people having huge capital and losing it all due to lack of knowledge wherein people with knowledge have performed well with little capital and made a fortune out of it. I will take my own example as I had been in both the situation I more than $2000 in future trading without much knowledge on it as I assumed since I have more capital my gains would be higher, also at one point of time started with $5 and made more than $1000 but his time with knowledge and proper strategy wherein I was sticking to my protocols.

We have seen a lot of people inherit tons of money and bankrupt, I still think that knowledge is better. Of course capital makes things easier, without capital you can't do anything and you should be aware of the situation and make as much money as you can, if I had a bit more money I could have made so much more, but sometimes I just think that I say this because I know what I am capable of, if I wasn't capable of any of this, then no amount of money would have made it possible for me to profit.

This is why I believe that we are going to end up with something that will take a while. I believe that we are going to just assume that trading is not really all that complicated, we need to figure out how to get better at this instead.

The simple thing is, when you do something that is quite complex and risky, and you don't understand it yet, it's the same as doing it completely blind. In this case, of course the results will not be as successful. especially because here we really understand how high the risk of trading is, so you really have to have a good understanding, not only about crypto, but also our analytical skills, regarding crypto, charts, and also market trends at that time and over a period of time. previous and also future frames.

Because if we understand more, we will be much better prepared for all the risks of trading. Because trading is not just buying and selling, but how it must be done as optimally as possible because it is always related to charts and so on. But the point is, first understand whatever you want to do very well and maturely, then, prepare to start trading, with the basics that you already know well enough as well as several other things related to mental preparedness, money management, risk, and so on.

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Knowledge is the principal thing which you can't do without in trading, when you rely so much on the money you have that it can give you the profits you want in trading this is just the beginning to lose money in trading. Having the right knowledge in trading it is possible to get good profit in trading. The knowledge we have is what makes trading to be interesting but Hernandez their is no knowledge trading becomes very difficult and  uninteresting that can make one to quit trading.  Most people thinks the important thing to have to start trading is capital that is why they don't bother much to learn to have knowledge about trading .

Is is true that knowledge is power and a trader need to have knowledge about trading before they decided to trade and for themselves. If a trader does not have understanding about trading then they should not go into trading at all because that can be a problem of losses. We all don't want to lose money as a trader and the only thing we want to be seeing is profits but that would never come if we don't have a concrete skill and knowledge about trading. It is the knowledge that we have that would work for us and give us the confidence to trade and make money for ourselves. Knowledge is power and we need to go for it before thinking of making profits.

I guess you mean you "lost" more than $2000 in futures trading. Uh, that's bad. You must have felt horrible losing that kind of amount.
$2000 is a not a small amount to lose but it's good that you learn your lession and improvised later.
Making more than $1000 just from $5 is really very impressive but at the same time it's hard to belive to be honest.
Anyway, the lesson here is to learn as much as you can and keep improvising and learning from mistakes.

On the moment that you would really be considering on touching up futures trading then it would really be best that you should really be that making yourself that mastered first when it comes
to spot trading. The bad thing on here is that usually newbies do really wants on dealing up with quick profits and on the moment they've seen those huge gains on social media into those traders who do make
some futures then they would really be having that kind of boost up when it comes to their interest on doing futures trading. Until, they would really be deciding on trying it out directly
without having those considerations that they should really be needing to master up spot trades. Although it wont really be that guarantee that if you do master spot you will succeed on futures.
it would really be still having that huge risks but the good thing here is that you do have that experience.

Making profits is the main target or goal that we do have as a trader or investor on which it is really just that right that we should really be that serious when it comes to this manner.

Nothing is more fascinating than squandering money that wasn't earned through labor. Additionally, those who inherit wealth must exercise caution because it can be alluring. Capital, knowledge, and both are extremely vital since without one, the other is still necessary. Knowledge implies capital, and vice versa. Capital is the most crucial factor because it is terrible to have knowledge without money, but if you do have it, then go for the knowledge. It's like this now: if you have money, you can develop ideas since ideas by themselves are worthless. Additionally, you'll want to increase your income. And also management is very important also.

Trading is complicated and needs a lot of energy in others to enjoy the profits that it comes with. Their two things that are important you have mentioned it before that is capital and knowledge when you have that two then you have nothing to worry about the only thing you need will now be consistency because. You can have knowledge and money but still feel lazy to learn so consistency is also very very important.

Yes, of course knowledge is something that is very important and that applies not only when trading, but for every activity we do. Without knowledge we cannot know what to do and maybe we will do something silly, so we must have it before doing any activity.
We must have basic things like this when trading and we cannot trade without having a basic basis for trading and one of them is knowledge. But I see a lot of people out there who do something without any foundation, I mean they trade because they follow other people and that happens to them as beginners. Usually they do this because they see other people making profits from trading and in a flash they conclude trading is something easy to do.

With knowledge you can execute your plan and even you only got small amount of capital you can grow it up and make something big becuase of better understanding with the business that you are in, like what OP said, before he don't have that much knowldge into trading that's why it's holding him back but thru time and experienced and that keen mentality to learn you will be able to developed the right sets of knowledge that will help you to succeed.

Both have an impact but more on the side of knowledge as it will also allow you to take that big risk to step your foot inside trading or any type of business or investment that you are planning to venture.

One of the main things that can hinder profits for traders is a lack of knowledge and understanding of how to analyze a coin in trading. Emotions and big ambitions are also one of the biggest obstacles to wanting to make big profits even though the capital spent has increased a lot. In order to become a professional we have to increase our knowledge of emotional control and continue to learn from other seniors.

The two are very important and they work hand in hand because even though we have the knowledge and we don't have eyhe capital, we can still become stranded and we might not have the confidence to complete our investment or dream or making things happens.
Knowledge is very important and capital is also very important because their is no way we can create our own business or buy hold tokens in the market without fund. Fund us important which is the money that is required for us to buy and hold in the market.

Having a sufficient amount of knowledge prior to investing is certainly a must. One who has not achieved it is not advised to invest, otherwise he will experience the worst in investing. However, having a good amount of capital is also crucial when investing, this is exactly the reason why those who have more knowledge about bitcoin haven’t still decide to invest for good knowing they don’t have a good amount of capital. As much as knowledge is highly vital, getting a good amount of capital is also crucial most especially if you want the best outcome for your investment.

So far, if one is a trader, I think what can only hold them back is a lack of capital, because being a trader means you already have the knowledge to trade and you already know the risks behind it. So for me, it's the lack of capital.

Both must go hand in hand and in line, capital is a real issue that must be determined in trading, trading is not just talk or theory, To practice it you have to have capital, as well as knowledge, if you don't have capital, you don't have crypto trading knowledge, the result is zero.

One thing you don't have, for example capital, the solution might be to carry out trading activities first with small capital, I think everyone with $100 must have it, maybe with that much money he can start doing it, provided he has knowledge in crypto trading and also understands the market.

If they don't have the knowledge or a lot of capital, of course they can ask for help from crypto trading experts, maybe the experts can guide them a little on the initial steps to start trading, showing which type of crypto is good for trading and so on, that's my advice.

Funds are undoubtedly important as they determine the scale at which I can trade in the market. However, if I have ample funds but lack sufficient knowledge and skills, I am likely to incur rapid losses in the market. Understanding market trends, mastering technical and fundamental analysis methods, and being familiar with various trading strategies are the cornerstones of trading success. If I do not know how to analyze the market correctly and cannot identify potential opportunities and risks, then even with abundant funds, I might lose everything due to poor decisions.

On the other hand, if I possess sufficient knowledge, even with initially limited funds, I can gradually accumulate wealth through cautious and wise trading. By continuously learning and practicing, I can improve my trading skills, develop sound risk management strategies, and avoid significant losses, thereby establishing a foothold in the market. Knowledge equips me with the ability to respond flexibly to various situations in the market, allowing me to achieve sustained profitability in the long run.

Therefore, I believe that the accumulation of knowledge is the key to trading success, while funds are the tools needed after acquiring knowledge and skills.

Yes bro, both are equally important, when we have a lot of capital but minimal understanding and also limping next to each other we will suffer very rapid losses, because it is not based on knowledge only with a lot of capital, that is not enough, there must be capital and also there must be knowledge about trading.

When we have experience but no capital then we also cannot trade therefore both are equally important and go hand in hand, once we have both then we start trading easily we can minimize the losses we receive because it is based on knowledge and knowledge. Enough.

Why will you venture into trading in the first place when you don't have knowledge about it? This is a grave mistake that most upcoming trader find convenient committing not knowing they are digging their own grave to end the career they're about to start. You don't trade like someone playing gambling that mainly rely on luck more than skills.


Knowledge comes first before any other thing, it serves as the foundation of trading that you will likely succeed if you have a good foundation and you will definitely go bankrupt if the foundation is faulty. Capital is a minor issue here because with your knowledge, you can be able to acquire the capital by teaching others with the knowledge you have. From this practice, you could make more than you imagined if you are very good and people benefit from the knowledge they gain from your teaching.

Most traders suffer from inadequate knowledge and not lack of capital. Trading is not just about knowing how to enter market or how to exit market. This is what some people consider as knowledge of trading. It's far more than just knowing how to place and execute order. Don't think of getting anywhere close to trading if you lack the knowledge.

Indeed, if you want to have a best outcome you also need to have that decent amount of capital, as investing to this type of industry needs to have not just knowledge but also decent capital, with how fluctuation add to the factor if how you will place your position, you need to have deep financial capability not being affected of sudden fall, as if you have that good knowledge you'll anticipate and continue to patiently wait if you have decent amount of money to use, in this kind of case where you can't touch your previous investment, then lack of capital holds you back as you will think twice not to sell while anticipating to see good bounce from the market.

You are not wrong because every beginner can make a mistake when they started trading without any guidance and I was also making that same mistake but as I got a mentor everything changed. Every trader needs a mentor so they do not make mistake that can discourage them from going further in trading. They might think that the mistake would not mean much but when it happens it can lead them to giving up on trading. Knowledge is what we need to have before we start trading, without knowledge no trader is going to becomes a successful trader. Most upcoming traders think that they can learn how to trade when they start trading without the knowledge of trading but it becomes difficult as you will be chasing the money and not the knowledge if you start trading without learning how to do it properly.

Deciding to take the wrong action is one of the causes of hampered profits for traders.   This is due to a lack of knowledge so that there is concern that prices will experience a sharper decline.   Without further knowledge or research, A trader can get trapped because he chose the wrong coin to trade, this is because trading on a type of coin that is trending because many people are talking about it can generate profits quickly in a short time.  It is not a good reason that a lack of capital can hinder you from making a profit. If you continue to be consistent, even if you have little capital, your value will certainly increase if you have knowledge of the coins you are trading.

Mistakes and errors are really just that a common thing since we arent that all knowing beings on which there are really things on which we dont really know and this is why on the moment or time that we would really be tending to make up such engagement then we would really be making ourselves that be having that kind of hindrance due to lack of knowledge and experience but since there's no way that we could be able to learn from it then we would really be tending to experience it out. Therefore, the only key on here on having such progress is to learn up from your mistakes and this is something that you should really be needing up to consider.
We are all loving on having that income source or making profits on various things and trading could really be able to give that opportunity. It is really just that it wont really be that easy.

Lack of capital? Its something that you could be able to look or provide on.
Lack of knowledge? Experience would be the key.

It is really just that a matter of choice and perseverance whether you would really be prepared or ready on dealing up with
an unpredictable market.

Knowledge. Once you have knowledge, capital is not a problem. When you have skills and experience, you will easily get a job. The same thing applies to trading.

I feel like that "mentor" position isn't a simple one, you do not know how great or how terrible a mentor could be. You could find a great mentor and then they will teach you all the ropes, and they will help you make money, and even if you make a loss, they will figure out what was the mistake and show you the mistake and tell you how to avoid it when you do it again, even if you ever repeat it , they will go back and show you how the fixing would have been.

This is of course something that would be very hard to find, because good mentors usually do not come in dozens, they are very rare. What about bad ones? They are everywhere, and I believe that we should probably avoid making some sort of big decisions based on this, it is not that easy at all.

The two problems are problems that can have solution.

If you are having financial issues, then you should look for way to work physically or online to earn money so that you can continue or start your trading journey since you have the knowledge and have some experience on how to manage your wealth and succeed in trading to make profit form it.
While if you have capital and lack knowledge on how to make it through trading, it is simple; just quit trading for a while and focus on learning, you should learn about trading from different sources first and if possible have a demo account, practices and make sure you are good to go before you continue, so as not to keep losing your money due to lack of knowledge.

You can never achieve success in anything not just in trading without knowledge, that is why it is good to learn first before starting your journey.

I think it is clear that the answer is a lack of knowledge that can make a trader experience a lot of delays in terms of making a profit, because for capital problems you can do it from the smallest capital according to you but when you have knowledge and knowledge or a very good strategy then you will be able to turn the small capital into large over time. This is trading and not gambling where knowledge and skills are one of the keys to profit.

In fact, without knowledge you will not be able to get the maximum profit and most likely what will happen is that you will suffer a lot of losses in each of your trading sessions. This means that knowledge or knowledge is the most important, and it is a fact that by having knowledge or knowledge, you will be able to make a lot of money more easily, so this knowledge should be prioritized to maximize.

In my opinion both are important because if you have knowledge but have no capital then how will you arrange capital for it? Will you take loans from others for  investment? I think this is not a good idea because investment is risky and if someone takes a loan for it then it becomes more risky therefore we should think completely and should not avoid any of these necessities because without any one we cannot manage our investment.

In case of a job if you have skills then you can utilize these skills to make money but in investment you should first utilize your money and then with using skills  you can increase your wealth. It is possible to first use your skills in something else to earn and then use that earned amount with your knowledge into a good project.

It would really be that mutually be needed to each other on which its true that when it comes to knowledge and to make it work then you would be needing up that capital, and so as with having that capital without knowledge wouldnt really be that effective as such.This is why at the moment that you would really be dealing up with something that pertains about investing or trading then it would really be needing up both things for you to be able to thrive and survive. This isnt something that you could be easily handled well without having that hard work and of course it would really be just that normal that you will really be that considering different factors on which it could affect overall profitability. As a trader then dealing up with a volatile market is really that challenging. We might not be able to directly be profitable due to lack of knowledge and experience but at the moment that you do have a good grasps into it on a particular moment on which it would be changing up everything.

It all matters on how you do sustain yourself and would really be able to adapt on whatever condition that you might be able to experience ahead. The thing here is that adaptation on different
market conditions would really be the key.

Exactly Knowledge is the game here, if you have the knowledge you can in one way or the other raise funds to trade to make profits but when it comes to knowledge it becomes a big challenge because trading isn’t something that for majority of people they find it easy to grasp, it also involves experience to be able to profitable in trading, get the knowledge first and wait for the funds and let's see how you won't profit, knowledge is therefore the major challenge that most traders face to become that profitable trader they wish to be.

Knowledge is of course very important for those who try to make a profit from the trading they do because without knowledge it will certainly be difficult to make a profit from trading, what you say is very true, it is not easy to understand trading, so it is important for us to be patient. when studying it and it would be better when trying to trade we can do it by focusing on analyzing the market so that we can make the right decisions so that we can make a profit from the trading and regarding funds of course you can use a little capital first and after understanding and having experience in the trading that we do, of course we will be able to try with larger capital to be able to get profits according to what we want.

     If you are going to do trading, you must have fuel in the car to run it. Because the car will not run without fuel. The same goes when you enter the trading industry. In order to progress here, you need to have another source of income. Because, for sure, it will be difficult for you to last long.

     The number one thing is that you should study this to expand your knowledge of trading, because this will be your key to making a profit. You may not be able to get another source of income if you are not strategic, and the same should be the case with being an individual. traders.

Good point and same with your argument you can't also run a car if you don't know how to drive, even there's fuel on it if you don't know how to drive then for sure you'll not going to push forward, it's both important but most affects the knowledge those who don't have time will not go ahead and invest to this industry even they've got money they will not risk on it, so it's important to have that knowledge and understanding as you can developed it after, especially if you have decent amount of money to use.

At least if we make a decision to determine our trading options, of course what we need is knowledge in this matter. Indeed, sometimes capital really determines how we play in the trading market, with sufficient capital we can play for quite a long time compared to small capital. Agree with what you said above, if we are equipped with knowledge but we have minimal capital, this does not make the person afraid to make a profit there. In my opinion, the first point is knowledge, without knowledge we will lose our way of playing and most likely will lose a lot of money there, and in my opinion number two is money.

One of the reasons why some people fail in trading is because they come without adequate knowledge about trading so that in the end instead of making a profit, what happens is the opposite, they actually experience a lot of losses. I understand that to gain knowledge, someone has to get involved. first to gain experience which will later be used as a basis for knowledge, but some people who fail usually trade recklessly, or that means they have traded with real money while they are not ready to trade using real money because their knowledge is still low, and I am sure They are typical traders who come because they are too focused on profits but their various actions are not based on knowledge.

Knowledge is one of the things that is difficult to obtain because it requires a trader to learn various complicated things and also requires them to walk first to look for experience that will be used as knowledge, but that is what all novice traders have to go through if at all. want to get consistent profits in trading, there are no significant results with little effort, meaning they have to fight first to get something they want because only knowledge and experience can lead them to profits.