Bitcoin Forum

Cryptocurrency trading is a complex industry to operate in. Many beginners might enter it, thinking that since coins are not mainstream, with a bit of luck they can earn hugely.
The truth is, a decentralized marketplace is even riskier than established ones, such as commodities and stocks. Thus, setting a sound base of knowledge and self-evaluation is vitally important.
Trading might not be for everyone to delve deep into, but with careful preparation, hard work and analysis, anyone can do it. However, a trader needs to know how much he does not know in order to succeed.
That is why we offer articles that provide information regarding the industry but also on how not to make beginner's mistakes https://www.cryptocointrade.com/. Give them a read and keep educating yourself about the crypto world but also what strengths/weaknesses you possess in terms of stress, pressure management, and time handling.
For traders that have been in the game for some time now, what would be your tips for beginners? With the knowledge you have acquired along the road, what would you do differently if you've got a chance to go back to your beginnings?

What the crypto world needs more is education. That is why a website like yours will always be welcome. I clicked around the site and found some useful stuff for beginners. The overview of basic exchange features is very good. Enough to get the beginners going. Users will more experience will probably need more detailed information, but I can imagine how hard it must be if you are a newbie in the crypto world. Keep up the good work.

Thanks! It is a light read, aimed at starts not to spook them out of the industry but to show directions on how to grow. More importantly, we always repeat: keep increasing your knowledge sources and keep learning. One guide/website is one way of thinking, while many more would provide a good source of knowledge :)

Knowledge is important in crypto trading but you can get those knowledge needed through experience itself,so basic knowledge is enough to trat the trading and they need to aim that they have ti buy low and sell him apart from the analysis of market or some extensive skills.

Do not make cryptocurrencies an investment tool because it is not the primary purpose of making it.
Learn how these currencies work, develop platforms for acceptance, use it in daily life better than earning from its volatility.
Profit does not necessarily mean that we get benefits from dump/bump but helping the community with the right technology & gains from it will double profits.

I've checked your site: good work, I hope you add some articles here as [Guides]

Agree with you, though we dedicate on trade, as one of the benefits the industry has to offer. Plus, it is one of the fastest routes to recognition for cryptos, by including it in mainstream business channels, to be honest :) We will probably post few guides here as well, especially concerning mistakes, process of trade and how to conduct analysis, both technical and fundamental. It is helpful even if you do not trade them, as we tried to explain not just how to tarde coins, but in general terms, what blockchain is and how can it benefit everyone.
Cheers and thanks!

Knowledge is needed basically to excell in everythingost specially in trading. With the acquired knowledge together with your skills and effort, you can do trading in a short time training only. Knowledge can be acquired by eitheir reading articles, blogs, forums and doing it for yourself and experiencing it real time. You cannot go to school without a pen same with you cannot trade well without knowledge.

Knowledge is what we really need to have as we enter cryptocurrency trading. It isn't like a game where we would just do a trial and error. It needs enough knowledge and understanding for us to do better in it. It should be done with and eagerness to learn about it.

in business you cannot achieve what you want to achieve without knowledge, knowledge was so important on business like that so without knowledge you cannot overcome it

Sure. Highly recommend. For a coin trader news and others trading related things need to read learn daily. There are many important things which can’t be achieved without knowledge about that matter. Some example, You must know about Alternative coin, Blockchain, Market capitalization, Tokens, Fiat money, Initial Coin Offering, Whales, Exchanges, Wallets, Mining, Smart contracts,  Multi signatures, Wallet address, Forks, Pump and dump.  Without doing this or without learning this can you wish for success in trading?

My tip would be never assume you already know everything when you are starting out as trader, which will allow you give room for mistakes and to learn from experience with those mistakes.

With this mindset, any sane newbie trader will know it is necessary to at least start with demo trade to perfect your skills and what you have learned to be able to gain enough confidence for the real market. Not being in a rush to start making money quickly from trading helps a lot, so it is necessary to give enough room for learning just as you would do any other profession.

Reading and ponyanie the market of coins is not everything. First of all, the success of a trade is important for a novice trader. Lucky-profile, no luck-feil. Analytics will come much later. First, only luck.






Gratitude is welcome

losses for beginners will bring benefits in the next period, they will find out for themselves how to make a profit after learning from losses, that's my experience when I was a beginner

Knowledge is very important in every sphere of life. The same applies to cryptocurrency market too. Trading in crypto market without any knowledge is just like gambling. I know many people invest their money in the market for speculation purposes without any knowledge. And no doubt many people have made huge profits like this, but you cannot survive in the market like this for long term.

In reality knowledge is required almost everywhere you go. It doesnt matter if you are making a cookie or making a trade you have to have basic knowledge about it and then only you can make things happen according to your plans and execute it. :-)
I believe that when I make a trade then I actually go on reading about the project to which the coin belongs so that I can understand how popular that particular coin is and how far will it go in the future. I dont care about the timeline because if it is going to give me profits in the coming weeks or months then also its the best. So better to have these kind of knowledge handy about it to make the right decisions ahead.  :D

Of course coin knowledge is very important part of trading. Who work in this online industry and they are always looking coin news because without coin news no one can make a good result in his trading. If want to make a million million dollar in your trading so you must follow coin market and must analysis coin before starting trading.

Having adequate knowledge of what you are going into is the main thing in this cryptocurrency world. It is highly important to have knowledge as knowledge is the most important aspect of this industry

Its important for beginner to have some knowledge about trading and the coin, without that the trading will equal to gambling, in theory, trading looks easy that is why a lot of people think that they can make a lot of money easily, but in reality there are so many things that need to consider and even of we already got the knowledge sometimes we can make a wrong speculation, so build experience and knowledge are very important things

As Mr.Secrets said one should become an expert in all aspects of crypto to trade the market. It's complicated but very rewarding

indeed knowledge is needed to trade, but to be successful in trading we not only need knowledge but experience will also play an important role in trading to avoid the same thing or loss. Even with our experience we can also know what to choose and leave.

Both have strong argument about knowledge is must or not. Really without knowledge can we do anything? We need a minimum knowledge for do something.  Though we can’t take it as must but it is important to have some knowledge about coins and coins market. You need to find which pairs are more profitable or easy to trade.  when a coin can go up and down and so on.