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When I started trading, I had no idea on charts and market sentiments but I decided to also benefit from the Pro traders as they move the market.

First of all, note that the market has mainly three sides, bull/green (short or long term), sideways, and bear/red (short or long term).

If you're an inexperienced trader like me, don't look at the sideways and red markets. Always wait for a green market (and it happens at least once every month). During that time, set a little target (say 10%-20%) you can even make more if you follow a good coin. Enter the market and take your profits.

Wait for the next round (probably a month a later)- you can keep your money in a stable coin, and by the end of a year you could make (10-20%)x 12 on your money.

Don't try trading everyday if you're not a PRO, they'll squeeze your money from your hands lol...and also never try catching tops and bottoms of you're not a PRO, they'll squeeze it once again. (remember you may be dealing with bots).

Merry Christmas (if you celebrate) and a Happy New Year to y'all.


Edited: This isn't to say that don't study the market. In fact you'll need to build your knowledge to survive in crypto, especially in these times, but this is a message to newbies who're trying out the market (fact is that, you can study the market as long as you want but if you joke all your money will be drained). Have you ever asked yourself why people in paid groups make the most money from trading, you just can't learn TA and FA lol.... There are PROs and they're moving the market so my trick is to help you also benefit as they move the markets. So that you don't try competing with them coz they can make you REKT, trust me.

maybe at the beginning it's hard to do the very first thing about a trading way or else we're going to lose everything, but that's about to start that the second time and so on will be ok ... as I'm and until now, I'm still not knowing how to do a trading procedure, well when I stay as a member of the crypto world, I will try and will also come up with the time I go for the trading platform and I will definitely try it soon.

Yeah you're right. You should.make sure to learn something first about trading before you decide to enter the businesses. Don't join any crypto activity blindly and never invest what you cannot aford to lose. Doing your own research is the best option you can go in for. Let's keep crypto alive buddy. Good luck!!

You have made some decent and find a nice way to hedge your risk which is the best decision any trader launching out should do as its that way frustration would set in. But the real question in the mind of newbie traders is how do they know the right coin to follow and implement this idea you have suggested because without that, it won't matter as whether you make your decision once in a month or ten times, it would still end up being a bad decision which I believe everyone is always trying to avoid.

That is why it takes patience to make it possible for profit.

Learned from my mistakes before.
Trading without patience is like just betting for the losing team always. You need to at least wait for a day or two or maybe 12 hours for a larger scale of price change.

Trading on rush will just eat up paying for transaction fees.

Trading is a really tough job if you want to be consistent with it. Markets always have a downturn in the end even if it goes green for a long time, that makes things really hard for many people involved. This is not just crypto problem though, it is a general problem for everything in trading, like stocks and forex and all that. In the end there is always a bad red market that takes away all your profits you previously made.

You need to be really wise and have the relevant information at hand all the time and follow the markets constantly in order to anticipate things other people didn't see coming. It requires a lot of time invested into research and a lot of time into keeping up with the news and even that's not enough sometimes.

You also need to have a lot of cash always ready to drop the averages constantly. It is really not for people who are inexperienced and its not even for experience but lazy people.

Merry Christmas mate  :)
As I understand that when we first start, we should stay out of margin trade and I also think that is true. Margin trading is not very much about feeding small fish. Just get it from cheap price and sell from price you can earn.

This.

Great advice, agree big time. BUT you forgot one thing, a stop loss. If you aim at +20 profit, then set a stop loss at -15. And try to get 50% of successful trades.

So you will go this way:
+20
-15
+20
-15
etc.
You need to take off the commission. Perhaps you will need a little over 50% successful trades (52-55%) but try to stick to this rules at all times. The stop loss is very important, otherwise you will always lose more than what you win, and you will end up chasing your losses by investing bigger money.
Good thread by the way.

That's true. I was used to trying to catch tops and bottoms especially when I see te green candles forming but i lost a lot of moneymoney to that. It'd like at that time when candles are forming, volatility is high and you can lose your money easily. Your only best bet is to have patience and move along with the market without being greedy

First of all, start by learning the basic, learn tgr chart and all the basic indicators, follow some group signal will be very helpful, for the beginner you won't know which time will be a bull run, what will be the range for support and resistance, it need time to learn, and don't start with day trading, study slowly don't be rush to make profit, because it is not easy to make profit in trading

It’s hard to stay patient though

I guess monitoring too much of your order will make you mad, or monitoring the price fluctuating.

I remember one trade of mine which I left for a week. Just input the price that I want which is double the amount of what is being traded.
Just let it rot there and Voila, when I get back everything is sold.

I know it aint a wise trade coz I just left it but there are times that it works too. ;D

Just don't go on an exchange like Bitmex and take trading advice from the trollbox. Many people there pretend to talk a big game but most of the time they are paper trading or trading around 100 contracts.

I feel bad for the people that go there and ask for trading advice and basically take high leverage trades based on what some stranger has said. Most of them end up getting rekt. Some people don't realize how fast you can get your entire account liquidated if you take a 100x position that ends up going the wrong way.

To complete what was said earlier about the stop loss, I strongly recommend everyone to watch this video > https://www.youtube.com/watch?v=bRCtBRsLPmk&t=1s

It is common sense, but difficult to apply, but that is exactly the mentality of a winning trader. Watch the 16 minutes, you will not regret it.

It does not work that way, you just can't wait for the market on a bullish condition, and easily make a profit. Trading requires a large effort of analysis and research in any kind of market situation. OP arguments stated you just only need to wait for bullish market then you can profit which is a large flaw. My suggestion for inexperienced trades is to learn the fundamental of trading and technical analysis.

It is truth.  Trading every day without adequate knowledge on how trading work will make you to lose your hard earning to professionals traders.  Trading is actually a game and you should not play the game if you cannot follow the rules.  You must have knowledge on those things that move the market.

The 10-20% target is already high, sir. In fact, it has been very difficult to achieve for now. If you target 10-20% annual profit is relatively small, I think beginners must learn to produce profits below 5% for daily trading. Then determine the strategy for revenue results that are stored based on fiat or bitcoin. It's important so it's easy to calculate daily profits.

For swing trades then Yes but if you do make active or scalping way type of trade then you would need to deal on watching your position actively.
Emotion is really a great factor which can really affect your trading style. Being inexperienced is normal since all of us would really start up to be a newbie but
we should not let ourselves to give up easily because mistakes can be faced would be the stepping stones for you to learn.

Pro traders are still making profit even if its a bear market, they don’t need to wait for a bull run before they can trade. If you can’t do day trading then don’t do it, not unless if you study it. Knowledge is the best equipment, don’t forget to wear it. TA and FA is important, newbies should not take shorcuts and start from the scratch.

This is a nice tipoff for newbies traders, once you can be able to decode how price moves bullish, bearish and sideways or ranging then with some little technical analysis you be able to buy when the market is green using an indicator like EMA can help you to take decision until you are fully knowledgeable in trading.

Trading is good and easy on rising markets still for a long term holder, sideways markets and falling down markets are good to accumulating more. This is the case of bitcoins and few other potential based altcoins. Catching a falling knife is not a good idea for random assets. So, you must need different strategy for different assets, especially I do have two strategies which are basically dealing short term and long term trading.

We may trade daily but we should not rush for making ad-hoc decisions. If you have technical based trading calls everyday then you may go for it. But, we should not trade based on some coins are being pumped and some got good news like that. Do trade only with the support of technical analysis and not just with naked eyes.

When people are saying trading will be very tough for forest but if you have experience then any job will be easiest for us in the starting stage all the investment and business are very tough but once the day was going then we can make some profit and the business was little easier for us and trading is also in that case we can definitely learn trading when the days going towards and the profit will come for us.

Then what will we get if trading is just waiting for the green market, it will only make us buy when it is expensive then sell when it is cheap, the red market should also be more suitable to buy, and yes bots are a problem in some markets, this is really damaging the course of market coin, usually this happens in a market that is lacking in terms of security

Crypto currency trading requires us to constantly renew our minds with new things, especially those relating to the news. Continuing to learn is a must if we want to survive long in this business.

Then better to stay away from crypto trading else almost it is sure you would during the year end when do balance sheet you would always end up in losses . It require huge patience in this market and trading itself is highly risky job so better be carefull about your investment .

In the starting stage people do lots of mistake because of an experience in anything not well in trading in experience will give you and teach you something new and better so in starting there is a lots of trouble was happened for all people in trading but made them more usable is always important for anyone to do and get better profit in trading.

10%-20% is not little. At this kind of market when the price of Bitcoin and other coins are just moving sideways, 10%-20% might not be achievable, specially for beginners as they are more prone on trading with their emotions. Most tend to panic when they see the price going down. 2% - 3% for starters is better until they get used to it and learned how to read and analyze those charts.

Crypto markets are more volatile than other financial markets and strategies are different from each other.Trading should be treated as business not like job because  at the end of day every businessman counts his/her money. Profit matters..

well, a lot needs to be noticed for a beginner. in fact, when the market is green, or is a bull run, you can get a loss if you are not careful. besides, try the exercise before doing it. You know, that trading risks are large enough to make you lose money in a short time.

For newbies, trading is really a game of patience. That's all you can do to cope up and make a profit. Wait for the right setup and when the setup is there ride it until it last.. once you are good at this then you can change your time frame. Don't day trade yet if your time is to tight.

Like they said, you learn from your mistakes.

If you want to be a successful trader, you need to learn in every way, either the market is bullish or not, of course always have a proper money management as that would help you in your long journey.

Trading during the bullish period is so easy, because most price movement is up, you can tell if you are good enough and just make a decision based on your capacity or the skills you developed, because after all it's your money at risk.

Trading requires ample of time so you can focus if what you are doing.  Prices fluctuates everytime and that's you should take a look on it everytime. 
As a begginers, we should study more on how the market behaves and find strategies that we think to be effective but it goes into experimental basis to choose the best.

agree.
Remember, your goal is to trade well, not to trade often.

Yes don’t make it only your habit infect you should try it as your source of earning so this means you need to fix a  goal and then trade as long as you don’t reach that fixes price and then you can trade. For those who are yet not well experienced them should try long term trading with small amount of money as well as they should keep learning the basics of trading skills.

A lot of people still think that day trading is something that can give them profit everyday with short term trading. They still didn't know if long term trading is not stressful as day trading activity.

What you are telling is true but their are so many coins which if you trade daily for 2 or 5% profit then you can calculate what profit you will make in long term it will be more then that For day trading only chose those coins which fluctuate with volume daily for 5% atleast, so that you can make 2 or 3% profit daily.

I agree we need to be timed with the market. You can't just find a winning buy with just a quick hint. You need to study what stage is the stock at and what is the probabilities.

It is why an inexperienced trader needs to learn about the basic, the more they can learn, the more they will understand about trading. The first time I start trading, it's difficult and strange for me, but after I read tutorial and watch video, I found that as long as I buy at the red candle and sell at the green candle and there is a difference for the buy price and sell price, I will make a profit. But if we want to make a bigger profit, then we need to dig more about trading and find the other method or techniques so we can increase our skills.

don't try buy the dip, that's for pro trader.
Only trade in bull, because price will increase in high probability in bull, and inexperienced trader can follow the trend.

Well, it's very effective but the hardest part is to determine if it's already a bull run or not yet.
Price that showed may have different movement in the future, what we think will happen is just based on our analysis, I hope we will not buy during the bull trap.

I like the Simple advice given.  You may also as a new trader try to learn how to read and interpret chart,  that is technical analysis and make sure you learn from your experience good or bad.  There is opportunities in the crypto market,  take advantage of them!

I believe every new trader deserve to make a profit, but the question is can they learn something that might help them in trading? Because many new traders are only following with the signal on many channels and unfortunately, they are not making a profit at all because they don't learn about how to analyze the price buy and sell. They only follow the guide from the owner of the channel to buy at the price they gave without knowing how to determine the price.

It is the new trader mistake if they don't want to learn and only depends on the signal because it won't help them to make any profit and even they will lose the money. But if you can learn more about how to use the analysis and the indicator in the market, I am sure you can be able to make a lot of profit because you know what you need to do.

In market there are allot of opportunities that we need to use properly and those who know how to make money with it calls professional traders. There are many expert traders but long ago they were just new as you are so no worries keep on learning and never get back from taking advice from good traders as they will guide you well.

Yeah last time I tried trading everyday, I was like loosing everything in my wallet so I stopped that one suddenly. Surely buying assets and waiting for the right time is best option in this regards. On contrary this may sound like hodl strategy but I consider it as short term trading where you just buy and sell quickly over period of days or weeks. Works best when there is bearish trend like the current one as crypto will move upwards many times and will fall back too.

I also tried trading many times when I'm still a beginner only to lose some money later. I also learned a lot from these mistakes and decided to learn more on trading before starting again. Newbies should set aside a time for learning the proper way to trade in the cryptocurrency. Successful traders did only learn from studying fundamental and technical analysis but mostly from experiences.

Experience is really a good teacher,  we can find best and effective techniques on it.
As a starter,  it is vital to spend time on market analysis and it's flows to avoid of losing a lot.  In a certain that we can't skip on losing and even be successful if there is no scenarios like that. And it absolutely we experienced the same.

I think the BIGGEST problem is that most people don’t have knowledge to do it and then insufficient experience makes it even harder. So, the first thing is to work towards achieving enough knowledge and experience will obviously come. Then good broker too is important, which is common problem too. It is important to select one that’s credible instead of just going for one with flashy offers.

Although you are not experienced as you say but your logics are like an experience trader. Every day is not a trading day that is true, we should wait for a good setup before taking any trade. One thing I want to add if any crypto exchange allows you short sell any coin you can even earn good money in short selling instead of waiting for a bull run, yes side trend is something which needs to be ignored.

I honestly believe that we're dealing with people that aren't capable of analyzing anything. The very fact that sites popping up selling signals do extremely well, is another indication that we're entering the mainstream world. These people don't care about anything. They just want to have you tell them what to do with their money, and they do it, because they have no clue about what to do themselves.

Kinda silly how instead of benefitting from mainstream adoption, it's turning this market into more of a pile of shit than it has ever been.

I do believed that most of the traders who learned from their mistakes is always succeed in the end of their journey in doing trade in this field of business.
That's why as an inexperience novice trader you need to be patience in putting yourself in the actual trade, always try to understand what's the basic knowledge that we need to know first before anything else which is buy and low system okay.

those line was really important for beginners. new trader always make those mistake. its good to be a small profit but big lose is not we want. every time you cant make profit for you first time but day by day you will improve for sure.

Keep on learning, its the key for everything and of course it will give you more chance of making money as you can now trade without worrying. Newbie traders should not take any shortcut because trading is not just about buying and selling, its more on market timing.

Trading is very risky that even professionals suffers loss and hardtime doing this. Of you are a newbie, try something with a very small amount to calculate things and prevent bankruptsy. Try also trading weekly to observe the flow of the market and have a better view on what you will do next. After that, you will realize that its not that hard if you are really willing to learn.

Risk is always a part of trading especially here in cryptocurrency. Now, trading for inexperienced traders, losses is more likely than profits. There's a saying, experienced is the best teacher. For inexperienced traders, don't afraid to lose, those losses will teach you make an experienced trader. What matters here is how we learn the lessons.

10% in the cryptocurrency exchange is not that high of a target, it is high for the stock market (used to do that) but not that high for Bitcoin, Ethereum or other coins. If you are good at seeing a trend then it should not matter. You do not necessarily need to do daily threads anyway, if you see a weekly trend and are very confident about it, then place your orders and hope it hits.

Thing is that newbies often tend to go for some shortcut and they lose the money in the process because they are not ready for the grind. There are scammers out there promising people of huge returns from their "methods" and people actually fall for them and lose their money in the process.

Professional traders dont rely on the speculation. They do but they also rely on fundamental and technical analysis. Those who are day-trading are obviously doing it full time and they are experts in this field. Though its not possible to sustain that as a mode of earning initially some are able to and I would consider them as very talented.

At first, inexperienced traders shouldn't think about profits, they should spend their time to gain as much knowledge and information about trading. After spending a month or two, they should start trading with a small amount, as they gain more experience they should increase their investment.

It should be a good practice if most inexperienced traders to do this, finding your edge and not to be carried away because someone's tells you that trading is a good venue to earned, you should do your homework and make yourself more flexible and able to survive the market fluctuations, knowing the aspects what influence the market and building your strategy and sets sone plans before jumping to this business will give some good space for you to success.

But without trying out, you cannot be gaining experience. Inexperienced traders also will become professional trader only if they keep on trying with trading. They can use demo accounts for making use of virtual money for their trading purposes. When they will be trading in virtual platforms, they can gain real-time experience but for free of cost.

Learning about trading may come for free of cost but experience may not. Because, only when you will be trading in real platform you will learn the lessons from the mistakes you may do and that lessons along will be considered as valid experience because only those experience will be remembered for your rest of life.

For this purpose there are demo accounts or cent accounts which don't push your limits in case of stop-out. 10000 hours of screen time is required in professional trading(big hedge funds). Trading is  considered as business but successful traders are looking for opportunities that hidden in price action.

 everyone will definitely need to understand what is trading because we don't know about trading in the starting show in experience will not help you to trade more profitable Bunny so make your experience more quicker and easier this will help you to get more profit in the short period of time.

In this market a few months on experience is nothing. One should study the 5-6year charts of bitcoin and altcoin prices if they want to get a general idea on how the market works and what drives the market. Once they have done that  they should move on the more technical analysis. Then determine what strategy is good for them. Long term or short term depend on personal choices and also how much time they can afford to give to their investments.

Trading is not a get-rich-quick scheme. It needs practice and insight from the trader. Its not everyone's cup of tea and not everyone can make money from it.

In my experienced in trading, i was make alot of mistake because jump in to it without skill and knowledge about TA and risk management. I think for newbie trader firstly should be learn about TA and how to manage and use stop loss to avoid big loss. We should be sharing with senior and expert trader to get more idea about how to make money from trading with less risk.

Experience is something that sum of all mistakes and this applies to trading. Trading is tough than investing for inexperienced traders. There are trading books that teachs the way how professional traders treats the plans regarding portfolio.

Everyone who had interest in trading will definitely get involved in this business without any other experience the experience will be get only from without any other type why you are starting in to trading there will be little classes will happen this will be recent for inexperience but it will not a big problem for us we can definitely make lots of profit while had some experience on that.

Trading is very much influenced by experience, the higher the experience, the better it will make a trader make smarter decisions. this will make a trader make the best decision. experience is important, never be afraid of failure because failure will make us stronger. the more often we trade then it will increase our skills.

Trading is not so easy that people cannot trade without experience but the reality is trading skill improves with time and knowledge so try to learn as much as you can gain knowledge. Traders should know that when the good time to start according to my experience people is should first learn how to trade and then trade with full confidence.

Experience includes the good things as well. But as humans we tend to implicate the mistakes/bad things into experience more into it though its a collection of both. :D

I dont understand why you are comparing experienced and inexperienced trades for how tough trading is than investing. All traders are putting their money into a new asset just for the sake of money making. Thats also investing. In my opinion in the crypto space the difference between the two is the time period of holding. Generally investors would dump at the first high while traders would sell at small bursts on every high and then buy back again at dips.

Books can teach you the theory but not the practical. ;D

this is a post that is very helpful for beginner traders on crypto currency trading.
if beginners trade without suggestions from the experience of seniors who are already very experienced.
then their chances of experiencing a loss are enormous.

This is a nice discussion mate you are right only reading and reading will not give you any kind of experience you will have to work for it. So that’s why I think people should start on right time but to gain experience you should start with small amount of money.  It give opportunity but it ups to you to use it properly learn more and more.

The hard thing is you'll just start trade but you don't have any idea to start up so its very unexpectable moments if you dont have any experience in trading.

 ;D ;D ;D
Quite intriguing advice for the Newbies. i am a newbie and i believed that i will be a pro someday. the professionals started some where and perfect themselves after a long time. you should know that you must make a mistakes before you perfect your self. if you continue with your skills, you might not make any serious move.

There is nothing different in trading on crypto and stocks except the regulation and time period of markets being open. It does need a lot of practice to be able to do it like a pro. Even pros make mistakes though. :P

You could do that but you wont get much from it in trying to long or short. You need more cash at hand for ammunition for future. When the market moves in the opposite direction of your prediction you will either need to hold and buy at the dips but if you dont have money at hand having taken in too little capital it will be useless.

Why would you start it in real time if you have little experience? First gain the experience of a few months before doing so.

I won't say you that I don't like your method. But I liked your this talk "wait for green signal". Yes, this is a nature walk with a trend not against. So, your method could work at least a small profit. So it could apply.

Interesting strategy, but I think there is no concrete strategy or suggestion. I think I can summarize the complete post in two words "Be careful" as an inexperienced trader. However I did summarize my top 9 concrete suggestions for inexperienced traders.

1. Understand The underlying technology behind cryptocurrencies
2. Understand The different ways to analyze the market (such as technical analysis and fundamental analysis)
3. Understand The difference between active and passive cryptocurrency trading
4. Understand What affects the price of a cryptocurrency
5. Understand What cryptocurrency trading tools you can use
6. Understand How to track your trades and pay taxes on cryptocurrency trading
7. Understand The difference between CFD and exchange trading
8. Understand How you compare trading platforms
9. Understand Some common Cryptocurrency trading terms

Read the complete article How to start cryptocurrency trading (https://www.cryptocointrade.com/education/start-cryptocurrency-trading/) at Cryptocointrade.

For me my un-experienced that i was meet in trading is increasing up by 100% and going down fast in 30% i get loss with that days and i don't expected it so much.

Every act must be learned and time, energy, and money will be spent. So it is not easy for anybody to trade as a novice and makes it. You must pay for your experience and gain from that loss.

actually the first capital if you want to start trading is that we have to strengthen our desire to trade, we must be absolutely sure if we want to trade. because if we are not sure in trading, we will be easily affected and back down if we suffer losses, we must know that the biggest risk in trading is losing all the money traded.

The first need is to learn the basic, its true thr market has three sides and the easiest way yo make money is the bulk market but its hard to determine the bull market, sometimes its just pumping sometimes its just manipulation, so I suggest to trade with small amount no matter what market it is, and I agree that beginner should not do day trading, aim for short and mid term, if you aim for long term then you can't learn anything, you need experience to become a better trader

Correction, not "MAYBE" instead it is really difficult to learn trading for the first timer here, there's no shortcut also for us to earn quickly.

Trading needs time for the individual trader to spend time of learning about the basic things that we should know first.

when we are especially learning by our-self then guidance from professional trader is really helpful i was lucky that i found a pro trader and e helped me a lot   

Trading is very interesting when you know what you are doing. Before you venture into trading of any coin or token you do a thorough finding of the token or coin and consistently monitor the coin for a week or 2 weeks to see the pattern of the chart move to be able to draw a conclusion about the coin.

Trading balance is not subject to feeding our desire unless someone reach to professional level. Trader should be able to manage risks with mastering himself. Managing emotions is more important than thinking about profit. Inexperienced traders need to increase their learning capacity before moving to real trading from demo accounts.

This target is quite too big for inexperienced traders or newbie specially if they have little knowledge about charts and using the tools available in the exchange sites. 2% - 3% target is feasible for this kind of market that we are experiencing now. And as soon as you hit 2% - 3% target, sell right away and don't be greedy, sometimes when we think price will continue to go up and we hold on to the coin, price drops like a fly and we are trapped holding a coin that we bought at a high price.

Not all of us are lucky like, you should be thankful since you got already a free adviser/coach for you to be able to learn through the hard process in the market without struggling to research and reading more stressful information in those untrusted websites. When I first do the trading I have a lot of questions and wondering why it is like this and that and what is this terminology they are using here. So, imagine the struggle I've been through before I got to trade on my own without any help from the pros.

I just make review of my trading experience, and i know i did alot of mistake because i learned trading by self. I did not know how to use stop loss and i just confidence the price will keep going up. So for beginner trader is better to know first the risk of trading and then learn how to make risk management . Also we have to ask and sharing  to the expert trader to have more knowledge in trading.

I hope that you can sell your coins when the price increase because you won't see it increase higher and maybe you will lose your chance to sell at the high price. That is what we've faced when we see the price increase, rather than sell the coin, we still hold it for a while and hope that the price can increase higher but the reality, the price is down in the next second and even we cannot sell to make a profit. So my suggestion, sell your coins when the price can increase, at least you can sell to get your money back so you can save your money first.

There is not any need to wait for two weeks before you place a trade in a coin you do not know if you are using technical analysis, the only thing that you need to do if you want to see some of the patterns that occur in that coin is to look at the previous two weeks and see how it has been moving, after that the only thing that you need to do is to wait for your particular strategy to give you a signal to buy that coin.

Is a good advise not to trade everyday if you ain't a PRO but many newbies don't really wanna take it nice and slow. In trading we don't rush it there are many things to put in mind when embarking for trading.

Same thing goes to me when I first learnt how to trade, that's around 2017 and 2018, I could remember the little funds I used for the start, definitely had no professional trader to help me with it, it was all me doing the reading interpret the charts and all that.

There are many things that must be learned in altcoin trading, but the most influential is experience, and that is not theory.
many people try to do it with various guides on youtube or articles, they finally give up.
Long-term trading is more appropriate for traders who have no experience.

Day trading literally needs to be done daily. You need to open new positions and close old ones. A lot of logging and calculations are needed here along with precise decisions of when to buy or sell. It need a lot of analysis and a bit of luck on the trader's part. Personally I dont think it should be tried by a newbie traders. They should try some dummy trading at first and learn to do TA on their own and see it that matches out in future.

Gradually they will be able to trade altcoins and bitcoin much easily and make profits at the same time.

So right now, I hope you can analyze the chart better than 2017 and 2018 because that is what we need to be a professional trader in the future. I am sure by learning from the internet, and we can get some good lesson to analyze the market so we can predict where the market wants to go. It will be useful for us, and we can increase our skills day by day and in the end, we can be an experienced trader like other people.

That's why we should trade and trade for us to gain experienced. Experienced is a one of the factors for us to win in trading. If we have a lot of experiences, we are now aware to what strategy that we should use in every situations.

one of the safest ways to trade is by following a positive trend that is happening by one coin, because usually a positive path can last long enough, or we can trade on a daily basis so we can avoid a lot of losses, if prices deteriorate we can directly Get out and get out of the trade first, the price movements of crypto are very fast, requiring us to always analyze quickly.

You'll benefit on that experience if you learn from it, some traders just continue to do their strategy and they did not tract their record, it's not wise IMO.
They complain on the market situation because they think it's a big hindrance for them to be profitable but the real thing is not, traders should adopt in every situation, I mean good trader.
Like I mentioned, you learn from your experience, there are a lot of long time traders now but not all of them are successful.

We have to understanding the risk of trading first, in crypto trading that has very high fluctuacion we can loss much money just afew days , and we should be have strategy how to avoid more loss if our analysis wrong. Understanding how to use stop loss is the most important thing for beginner trader.

Patience is important because without patience, we cannot get the return of our investments. For thos newbies that are still inexperienced trader, their first focus are should become a knowledgeable person and become a trader who have experienced.

Thats not the right method. Trading without being practical would be a waste of time. Work hard but make sure you keep it smart. Use your brain to analyse and understand the future trend in market and social media. That what is going to pump the prices of new coins. Thats how you should trade while watching the world go on its course because that is the best indicator or the market psychology.

Its not that simple as you put. If you are going to trade in real life you would see what happens and what pitfalls people fall into. Try doing some dummy trading on paper and watch how it goes in this market.

If someone it's very new to the crypto trading then it is not going to be much harder for them to start there trading because the rulers to make profits while buying the crypto low prices and the need to sell them for the better prices then the cost if they know it and understand it then they can do trading.

Very important to learn things like this, inexperienced traders always jumped into something without proper analysis, thinking that luck will permits them to earned and following the principle of buy low and sell high without tracing the previous movements, there's a lots of things that traders always watching
they are not just relying with single data but combining every single piece of hints that will lead them to a much clearer entry.

And in the other side, they also put exit plans just incase the entry was ruined by manipulators and whales around.

Lack of experiences can also lead to losses. When I was newbie,  I trade and trade for me to gain experiences. It is important for us to familiarize the strategies that we should do and how we will protect our money.

now all markets are bearish even it is very dangerous for beginner traders to enter the trading and trading sites, I am also a trader but I have not started to trade in the short term because it will be very risky

if short term is verry risky then why not go for long term trade ?  in that way , you can hodl your assets when the market is still in bear mode  .  yes all markets are in dumped but it isnt only dangerous for beginners because even pro and well experienced traders are not exempted to this event  . like you and me , they are also struggling to make an a decsent income thru thier trades  .


when i was a noob , i dont trade and trade  .  rather i only trade after i master the basics skills on trading and the best part is that i dont loose cash during my practice day because i use demo trading  .  lack of experience does not mean you can loose because there are actually many tools to help you gain knowledge without risking any cents   .

Yes.It would be very risky for beginners or inexperienced traders to start trading in this down market.Even the experienced traders would really find it hard to trade and make good profits knowing the market is not in a good condition.So it would be more advisable to just hold your coins right now and only trade when you see a good timing already.

Whenever I see some ad related to trading cryptocurrencies most of the time the ads promises great profits in a relatively short amount of time, so newbies see something like that and they see themselves as millionaires in just a few months, so their mistaken ideas about trading and what they can get out of it are not entirely their fault, I know they should be more careful and should be suspicious about such offers but they are newbies and they have yet to learn the lessons for which we paid a high price as well.

Buying some altcoins at dip and HODLING them untill they pump is a good way to have profits but is a bit out-dated. Instead of holding for a long term, we can also invest in some projects which offers a stable source of income and a passive earning.
I prefer going with such projects to have really much profits ahead.

yeah buddy, I am also not a PRO-level crypto trader, but I always try to get to know the crypto market well to be a professional trader, and to get a 10% -20% profit every month in trading crypto, it's can be by choosing coins or tokens that good quality, and probably already famous, because it's has  many people who trade coin or token it.

As long as you can choose the right coin, you don't have to worry about the bearish market because the market is not at the bottom of the price and the altcoin is trying to increase. But I think if you can buy some coins at the low price and hold it for a while and then when the coins price can increase, you can make a profit and that's mean, you are doing long-term trading but you can also do short-term trading because the coin price can increase anytime.

Exactly, it is just about fishing out those major points in the market (bullish/bearish/sideways or ranging). The crypto trading venture is categorised by many as a mystery market because sometimes it just change fundamentals and you may be lost but knowing such tricks may help you survive and will also prevent you from being greedy.

This is a common mistake among many inexperienced traders. They do not understand the risk levels of crypto trading by underestimating its volatility. Fundamentals are helping long term based traders whereas technical analysis is need for active traders. But, I must they a crypto trader might take time to educate themselves on both of these so that they can survive against the fluctuations of crypto markets.

My simple tip for inexperienced traders is, just choose highly established assets for your trading and if you get stuck in-between your trades then convert your active trading into long term holding. This way you never need to close your positions at stop-loss but remember to trade only established assets as they are only recommended to hold.

When you have some fixed amount of percentage to be earned every month then you should day trade to make it happen in the regular short term periods.But the chances of making nothing or even losing your capital also possible so understand risk and invest on the best coins only.

That is right and we are not going to have a bad time if we really know how day trading work and we are ready to follow the rules.  To make a targeted profit is very nice for day traders. If you have a good mind to invest in cryptocurrencies the best thing to do is to learn how day trade work and follow suit.

thank you very much mister Thanasis and mister omonuyak , I will try the advice you give me, a long time ago I trade crypto every week and now want to try trading every day, maybe I will get experience trading faster because I am accustomed to seeing moving crypto price charts every day

Bearish market is the best for short term trading. Long term trade definitely high risky in this market because gradually your portfolio will be reduce day by day. Unstable market long term is always bad.

if we do short term trading it mean we doing daily trading.and in bearish trend there are much opportunity occur in market.but we ave to understand and have tested strategy to trade in this condition.

Not really, short term trading does not really mean doing it on a daily basis.
You can set your own target on short trade and if you do long term trade, you will understand their difference.
IMO based on experience, I consider short term trade trading one month and less.


The bearish market could affect your strategy, but that if you are only bullish because you'll be more on increase, rather than a drop of price.
If those people who short the market can be profitable in bearish times, then anything is possible, you can also do it.

To be involved in crypto trading will certainly be difficult if you have not experienced or tried it. Without proper analysis or careful calculation in making a decision, you will lose. If you can profit more because of luck. And, how many times will that fortune come? Of course it can't be expected that there will be repeated luck.

Yes, right now, the market is trying to reach the higher price for every coin and soon, the bearish will over and the bullish will replace the position. Right now, it is better if we could trade in any coins especially with the coins which can give us a profit and it is why we need to research and analyze the coins. Choosing a long-term trade will be a good option for now because if we are trying to do a short-term trade will not give a good profit.

this is the statement that I'm really waiting for, why? because beginner traders will be more concerned with capital and the benefits they want to get, they forget that in trading there are emotions and risks that are more important to manage.

Yes, with trading capital is a must. When we put investment surely we expect good return out of the same. So, the risk will be found with it. To face the risk all that necessary is the trading tactics to buy low and sell high. We're supposed to make the way, for the same lot efforts in terms of observations about the market is a must to succeed.

Trading in a more intensive way will not necessarily lead to more experience in a shorter amount of time, what you need to do is to analyze each trade and look at what you could have done better, or if you made a mistake try to find out what you could do to remedy that, that is the only way to improve if you are not honest and criticize the decisions you took when you were trading you will never improve which is the reason you see traders with years of experience and yet they got no profits.

This is to know that their strategies aren't effective with the current market flows. Failure is just common to anyone who can't adopt the situation, we need to elevate. As we changing the course, it is need to change our old strategies and find new one which is adoptable with the market situation.
If you are new in this field, never tried to step on if you don't understand the market or even tested it. Market analyzing will be the first way to take and serves us guide of what we do in action.

Anyone doing something like that is going to eventually lose his money, you cannot really expect to get monthly profits of 10% to 20% by just investing in a coin when it seems that is going up, trading is a lot more complex than that and if you do not learn about technical analysis you're going to eventually lose all your money because professional traders are all masters of it.

The best time to be a day trader is now actually. I don't want to say why, you just need to keep an eye on those daily dips and sell when the price goes up. Longterm trading don't work very much in this current market unless thee is a good dip or rise in price

Sometimes most of the traders especially for the novice they thought doing trade is just an easy thing where you can sell and buy or they just heard Buy at low then sell at high. They've been thinking about in that way they could earn instantly. It was a wrong of thinking, trading actually is not that easy and you need to learn a lot here as in everything form the basic and need exploration too about it. and of course as a traders you need also capital, but always remember how to control your emotions in the right way.

This takes time for the newbies to understand. They think they can jump onto a new shitcoin and then it will become bitcoin 2.0 with a even more massive pump than bitcoin making them millionaires within a few days. People need to understand that money does not come like that. If you take the example of bitcoin holders who made profit from the pump, they had held their coins through thick and thin to come to that range.

TA will also help if you are day trading. But its not everyone's cup of tea so I would advice people to treat it with caution. Long term hodling and selling at pumps always help out. :D

If I am a new in these crypto world I definitely buy more potential coins as much as I can but be sure that we are ready to face or accept any risk happen after cause even don't know what will happen by tomorrow and so the coming days.
How long we hold? It will be depending on the market trend.  If will saw that I have some gains, then I will sell it immediately. Nothing to hold it any longer.

I agree on you.It would still be the best thing to do for all new comers.To buy more potential coins and hold them for long until we can see that the market is starting to gain back its high price.And with this current market situation,it's really hard to make profits in trading.Maybe we can try trading once the market price makes a good increase already.

If we seen our asset will have good and sustainable profit, you should sell it quickly. That idea is for you safe side and if you hold it longer, maybe you can't control your emotions and probably it gives you stressful mind. Inexperienced traders must stop holding when they see their coins at profitable price. They need to learn to act quickly because that's a part of their growth as trader.

Trading like this still not enough, you should not enter the market went the bearish still continue. no one cant know the exact dip my friend, i dont know why every people always buying dip then we got a more dip with a few days.

Your thinking is not good for that now many people honestly work in trading, have many examples for that trading is not easy I like that but it needs for the hard work, I do not know how long it will take to learn but have traded for 10 years but still have lost.

Hello friend, if you are starting in the trade, I recommend you to make virtual accounts with fictitious money, and apply your strategies, I recommend you read many speculators books, where they do not teach you technical analysis, or figurines, because in reality that is a lie , but as they thought Wyckoff, Livermore, Warren Buffet ... learn well how to understand the market before placing your money and losing it, the idea is that speculate and have access to profit.

Although the bearish market continues, we could try to daily trading because I see that we have an opportunity to buy the coin at the low price and sell when it increases in the next hours or days. Long-term trading still works and it still waiting for time to comes. People buy in a dip because they think that the price will increase in the next hours, but the truth is the price still on the downtrends. Maybe in this situation, we need to analyze deeply for the coin we want to buy.

I got the tips, you outlined but in other words do you know many inexperienced traders don't take chances even at red Market they do trade when they've no idea where the Market is leading to. Everything is not been learnt in one day it's a gradual process to be a professional some day.

There are still opportunities because when we trade daily we can take advantage of existing margins. Although the benefits obtained are quite small, but when we can get as much profit as possible, it is an opportunity. Bearish markets are not obstacles, opportunities will always be there. when we are good at using the situation, everything can be a good opportunity.

Don't trade ofcourse if you are inexperienced trader or new in trading for sure you will loss a big money if you are going to trade without no experience. That means your money just giving away.

You can't be learn and you can't be successful if you'll never have to risk and experience losses. Losing is a part of our trading journey, is just like a competition or a game, there will win and loss. But we took those failures as a strength and learn those things a lot, so every mistakes will have done will surely be address and not to happen again(into minimal). 

Subjective things are how to learn to maintain nominal assets by considering some of the profits that must be obtained, here experience must be improved and do not think of small capital first, actually for some trading techniques supported by communication with several experts will always be effective after going through 1-2x losses.

Inexperienced traders are very vulnerable to losses, because they rely more on feeling factors.
The turmoil of crypo prices is often responded to with emotion, which means that the price increase wants to sell crypto because it is profitable, whereas when the price drops it becomes panic then sells it so that it loses.
Must learn more about watching prices rise or fall, and be more patient in making decisions.

Trading capital should be adjusted to your ability in trading. yeah we know that trading is very risky, it requires strategies and tactics to win, and for those of you who don't have experience. of course, use small capital first. adjust to your experience and skills

To learn how to trade and understand the market a little bit you need a few years, and digital currencies are still very little studied and it is not clear how they can behave

the problem is that it's difficult to trade easily, in my opinion, because what is needed to trade in crypto is the experience of crypto content first so that to succeed is not difficult

I guess what you are saying is true because most of the times when beginners enter to trade in a market, they end up loosing their capital.
This is only because of greed and the fact that they don't set their targets. I still remember doing this myself when I started trading.
There were no targets. Just money going in and coming out. Most of the trades were in a loss and that is when I took a break to understand the market.
Now there are 2 strategies that I stick to and wait for the results.

i think the best way for the beginers are trying to hold famous coin / coin that have good community , day trading are really hard and one mistake can give u loss

It's quite long time for me to not actively monitoring nor doing the trading, so many of the procedures and tips that has been forgotten by me. This thread is very helping, thank you.

I don't think so, as long as he can spend his time to learn about trading and keep practice, I am sure that he doesn't need a few years to make a profit. Our purpose in trading is to get a profit, and when we can make that, we only need to rinse and repeat, and we still learn more, and more so in the same time, we can increase our skills, and we can make a bigger profit. But I wouldn't say that it will happen instant because we need time to make a bigger profit.

that depend on the person . if he is hard learner , it can take a long time for him to learn and master trading  but if a person is fast learner and can adapt to the techinical and fundamental aspects  easily , he can then expect to become a good trader in no time .

but overall , trading is not olny for experienced traders  .  everyone can do and learn it no matter what his status in life  .

Famous is one word to put it. Famous can also be overhype. You can observe trends and see that some coins are in the limtelight every now and then because of some famous person endorsing it or some other bullshit. These are thing that one should be careful of and not give in too much money into. They are eventually going to dump because the person brought the prices up is going to dump on whoever bought it pretty soon.

But if you are talking about the top 10 coins on market capitalization except the forked coins and ripple then its a good choice for novices. Newbies though should get their fundamental understanding before buying any coin.

Crypto trading is not for all people here even if you had knowledge and skills yet luck is also in need here so binding all togethr will bring success

What i am pointing is better start buying to hold for long term while we are looking for more knowledgeable ideas from the Pro’s and experience is the best weapon to prevent losses (though this is normal in cryptospace)

I tried to be a daytraders wayback but I admittedly believe this is not for me,so i decide to focus in semi long term and long term holding in which i am now earning atleast enough to call profit

Perhaps, if he is a hard learner, he only needs to learn about the basic first, and he can master so he can continue with the intermediate lesson in trading. But if someone can learn with quick, then he only needs a short time to understand the technical and fundamental analysis, and he can practice for what he learned. I agree that trading is for everyone and it depends on that person itself, and he wants to learn or not.

its better if we learn step by step and practice in market.find the relation between the thing we learnt before with fact in chart.if we often observing in chart i think we will could find price habbit only by analize chart.we have to observe more than just learn theoretical.

Very good and useful tips, I think almost as well, almost every cryptocurrency you can safely make 10-20% profit!

It is expected that newbies doesn't have enough experience. They called "newbies" because they are new here and they are not yet familiar. Newbies should focus on getting more experience. Experience is one of the most important factor in trading, you can know the best strategy that is suitable to use in a unexpected situation by having a lot of experience.

By learning step by step, I am sure we can understand with the market movement so we can determine to enter or to wait for a while until we can see a good chance to buy coins. By watching the chart, we are not only can predict where the price wants to move, but we can also see the trend of the coins so it will be a sign for us if we decide to buy later.  But we need to be careful because sometimes, the chart can moving too fast especially if there are big demands that happen in the market.

This is a great tip for beginners. Me likey. In such a way you can protect yourself from significant losses. I also started trading recently and follow the same concept as you do. Red market is for experienced gamers who know exactly when to exit from the market. But if you are an experienced trader, you can't predict exactly next dropping of price. Also, I want to improve my skills in day trading and become a PRO. I have recently read about the launch of the educational platform for traders. It's called NewConsort. I want to get new skills from more experienced traders. It will become available with this platform.

surely it will be difficult to be able to walk well or develop in the future. because knowledge is very important to trade because it is the key to success too

But you do not allow yourself to just be contented of what you have now, you are inexperience because you are new in trading but
that would not automatically make you loss everytime you trade. If you stay and learn, in the long run you can use that experience of yours
as the key to improve your strategy, a good trader do adjust and improve things until he get the consistency to be profitable.

it's very difficult to learn to trade even after reading your explanation. I have tried several times to trade, but it always ends with the same result, FAILURE. I don't know what's wrong, which I believe is that maybe I am not talented in trading so I focus on being a bounty hunter. the most important thing is to make a profit even if only a little.

Not many particularly those that are new in trading crypto currency can have that patience and that was why many of them found themselves loosing their capital invested in trading crypto currency. You said trading with? I never thought of that and I believe it is possible particularly when it comes to Forex trading and even in crypto currency.

it is indeed if you want to become a trader who is always successful in this work the problem is for traders in the crypto world to have knowledge about crypto so that you can all trade smoothly

Trading is not easy tasks and that's why we should have enough patience and knowledge before entering the cryptocurrencies market. Before I make investment in trading of cryptocurrencies, I fully understand what it is and I'm aware to the risks that I taking. It is the reason why I didn't experience many losses.

I only see buy support and sell support when I first trade. and sometimes it doesn't have an effect, I just found out if support can be fake that was made to provoke a dump/pump. To divide capital into several parts is important, Don't ever all in.

Yes our knowledge and information can help us to have profit and to reduce the risk of lose, so I think all new traders should set some time to learn trading skills,  as we can reach the level of expert traders only by reading fundamental and technical analysis and try to learn from experience too as if it is good or bad but try to avoid your pervious mistake to trade in good way.

That's true, it can be fake especially if you are trading in a low volume exchange.
Whales in small volume exchange can easily play the price and if you fall that would be your end because some coins
are just make for a pump and dump purpose and some will just pump once and then died, I have some experience in yobit exchange when I was new.

For inexperienced traders, this is really a good time to learn and experience the true sides of trading that it's not only about getting gains and all are green. It's better newbies have been through been bad times than good times because look at what happened in 2017, those people are there only for good gains and now they are gone because they don't like to see losses.

I think it's very difficult for newbies to become a really successful day trader. But also, I think if you have decided to earn on trading, you need to improve your skills and set more serious targets for yourself. In another way, you will stay in the same place for years. The purpose of the day trader is to find trading patterns that repeat several times and risk. This is the concept of technical analysis. In order to get new knowledge and skills in trading, you need to communicate with more experienced traders. NewConsort is going to launch a new trading platform in Q3 2019, where you can also be educated by experienced traders, mentors, and coaches. Good luck! 8)

It's seems they haven't prepared for that situation. They thought crypto will always in good fluctuations market forever. That's the problem of several newbies who directly invest in crypto  without knowing it well. However,  they have still chance to regain their losses, by buying now crypto, especially in bitcoin whereas still in a low price.

Well trading is like cracking a hard nut so better be active and mature for it. It is not a piece of cake. In addition, you have to have the best knowledge about cryptocurrency and only then it is possible to pick the best coin, invest in it and make use of it to make money. Businesses around cryptocurrency could also be built which could provide a promising future.

You know the best thing about dealing with Bitcoin and some other famous coins is that the risk factor is not too high. So a start with the coins like Bitcoin and ETH could prove good only if you invest in a time when the values of the coins are down like these days. An investment made right now and held for long until the value surge back to all time high would probably be the best investment ever made by a fresh man.

If a beginner has no experience, then in this market he will still have to gain at least his primitive mathematical counting skills

Well as always, experience is the best way to be efficient in pretty much anything. Start with small amounts and appreciate the losses you'll get because from there you'll learn valuable lessons. Many traders who are making profit consistently start up as newbies as well that lost trades often.

good and locate a pleasant method to support your hazard which is the best choice any merchant jump starting out ought to do as its that way disappointment would set in. In any case the genuine inquiry in the psyche of novice dealers is how would they realize the correct coin to pursue and execute this thought you have proposed on the grounds that without that it won't make any difference as whether you settle on your choice once in a month or multiple times it would even now end up being an awful choice which I trust everybody is continually attempting to evade.

Even if they do know it well they dont have the patience to hold it. There will be rise and falls and if they dont take advantage of those then they are the ones to blame. You are not going to keep on holding after your buy price has been reached and crossed during a bull run. Sell it book the profit and wait till market drops again. Again fractional selling of your entire asset is important here. Some spare ammo is always good. ;D

Of course they are always going to recover losses if they are willing to wait it out and rectify the mistakes if any. But many of them went broke after the dump so probably they are not going to buy any at low price now.

In my trading there are also many mistakes, the first mistake is I don't understand technical analysis which is very important in trading, and also risk management, if you are a new trader, then study both of these things, because it is very important.

Learning the art of trading takes time and there is no trading skills gained overnight. One of the most difficult to learn are the technical analysis and you need to focus learning on it if you want to become a successful traders in the future. Inexperienced traders have also the tendency to be overcome by their emotion when prices suddenly go down which may result to significant lost of investment.

Certainly, you will have to learn the market.
Still you can try day trading even with a low experience level.

I tried the following strategy: if 15 min time frame is of positive trend for 7-9 candles then I open Buy position and set TP at 100 pips (or 100 USD) and then close a position.

then I make the same thing but with 2x volume.

Hazard is dependably a piece of exchanging particularly here in digital currency. Presently, exchanging for unpracticed brokers, misfortunes is almost certain than benefits. There's an expression, experienced is the best educator. For unpracticed brokers, don't hesitant to lose, those misfortunes will instruct you make an accomplished dealer. What makes a difference here is the manner by which we get familiar with the exercises.

You could get legit support in trading, but it not a guarantee to anything at all.
In most cases it could be false ones seeking to get the better of you, it's more better to educate yourself, as there are more than enough tools on the internet for you to do so
I hardly pay  attention to anyone or channel that claims they give out correct signals or advice in trading.

  It happens when they are not aware of trading that what trading exactly it, trading without any experience can make us suffer lose but the reality is nothing can happen without experience as you said some don’t want to buy at red which is high mistake, so make your experience quicker and easier as it will give you profit as well skill but when you are not having any experience try to trade for long term than for day trading.

No one can learn the art of trading without trying it so they should try as much as they can afford for it and the money they were using for the learning process needs to be considered as fee even if they are losing initially because these are much valuable lesson for a beginner to make them in millions. :D

Yes, that is why its advisable to start trading with a small amount of capital because you will experience some losing streak on your trading, its normal since you are still learning and if you trade with big money it will just be wasted. Inexperienced trader, will become more professional if they continue to learn but if they will just depend to buy and sell I think they will not succeed in long term. Emotion is the key problem for the inexperienced trader.

Trading for beginners can be difficult at first, but then everyone will be able to find a convenient strategy and get a small additional income, but the main thing is not to hurry and not to fall into the excitement

Traders means buying and selling but if they want to succeed they need to do that at right time,learning can be for experienced traders too but they need to remember those lessons while doing trading next time.

There are a few recommendations I can make for inexperienced investors. In addition to all these recommendations I would like to give you information about the most important factor. Whatever your beginnings in this sector, whatever your level of knowledge is, the most important thing is experience. Therefore, in order to get your own experience, you must trade a lot at first. Of course, these trades should be done with very low capitals and you should get experience from every mistake you make here. On the other hand, you should constantly keep your knowledge fresh and research about current information and news. But as I said in my first sentences, it is important to remember that, above all, experience will be the most important factor in this sector. An experienced investor will not easily make mistakes and will always know how to take positive steps.

When I was new in trading I loss a lot most of the time when I sold coins after several times it goes up and what I ndo is to re enter then it would suddenly goes down in short I keep losing but as time goes on I'm able to overcome this when I trade I keep looking to chart and volume before selling and buying and I don"t chase yhe oricr unless there are strong volume pushing to it and I keep putting a stop loss to lessen my loss when market suddenly dump and lastly I'm not trading according to my emotion I just keep patience and observant in the market movement.

It is not only buying at selling but it is about buying and selling at right time, as price will rise and fall so buy when you see price is dumped and sell if you see price has achieved high state so all you need to learn and gain experience, don’t lose your patience and your trust just buy as now a day price is really affording so later on you can trade as for inexperienced people long term trading is best.

Long term trading is better in terms of return on the investment compared to short term trading like daily in-outs. Patience is the key in this business and i always treat trading as a online business platform for all financial markets. Inexperienced traders always make mistakes no matter how many times pro traders warn them beforehand but experience comes from mistakes.

You normally do not have the skills needed at trading at first. And if you are new, you face tough times. This is what all the successful traders say about and guides you about. So, what I want to say is that one should not really enter/invest in the market as long as the required skills are not there. You need to read more and more about something you are passionate to start and only then you could be good at it.

Trading for inexperienced traders can be tagged as "the losing traders" because trading comes with experience and when you do not have this experience, it results to you incurring losses on your investments.
Experience only comes when you practice and master your craft - by avoiding things that repeatedly makes you lose in trades. This can be achieved when you adhere to some basic principles of trading.

To sum it up:

-you'll buy altcoins in an exchange
-set target (10-20%). For me, it isn't just small target profit.
-hold and wait it until it reached your target.

There is no need to wait until the end of the year
Not all year ends are bull trend. What is the use of the target profit if you will wait for dec? You can sell your hold coins immediately, even for a month if it reached 10% profit.

So you have suggested really nice things to do, for me your discussion seems to be very useful because you have mentioned good steps for new and inexperienced traders, everyone can trade at time when he or she feels it is time to trade as price of crypto currency trading remain so anonymous and  no one can predict it properly, but trading is for everyone.

Trading with small or large amount does not matter, what matter most is that you learn trading before actually starting it. If you start trading without gaining sufficient knowledge you are more likely to lose all trades.



Investment initially on the early stage on your learning will never be wasted as this will help you avoid the loses in future in trading which are caused by the lack of knowledge.

maybe it's an interesting thing to give a statement do not trade every day if you are a beginner. sometimes beginners still cannot control what is done, it is useful to explore beginners more slowly in trading learning and avoid losses.

Yes this can be good strategy can be followed by the traders who is not having much experience and analytical skills ut they are not will be good at picking the coins,random coins will make them into losses so just stick with bitcoin to fiat trading as possible.

Its more on a target price, and its good to always secure profit than to be more greedy. There is no excuse as an inexperienced trader because we started like this before, and we should continue to learn. Being greedy in trading will just result to a bad prices, always have your strategies.

What i've notice on some beginner is that they always wait for the bull run or hype market to have huge profit not knowing that they could have it almost every day. Target price is the time to sell off your desired coin however there are times that before target price reach you need to sell it in order to avoid the price decline of the certain coin.

Inexperienced traders can also use your method on daily basis instead of monthly. Green candles do appear frequently: like hourly, daily and weekly. The profits are smaller on hourly and  daily green candles though

For this I think new traders should learn all trading skills and then joining market, but those who are not joining only for fear of lose so how will they get experience, instead of losing this good time of low price better gain knowledge and enter market, for inexperience traders better joining long term trading to start your journey and later on you will have experience to trade for day as well, but for experience you will have to get in first.

What I recommend is that you enter the trade with virtual money, that you test your strategies with virtual money and look at your efficiency rate, if you see that the results are positive, then enter with real money, otherwise, you must correct your strategy.

With virtual money you will more familiar with how things will works inside the trading platform that you are working with, maintaining your
flexibilities to adopt and make improvements from time to time will strengthen the strategy that you are forming inside the virtual funds that
you are using, afterwards when you are fully ready, things will be much easier to you.

Though there's slight changes or differences between real trade and virtual, it all be matter with how will you take the risk
and how will you control your emotions.

when you apply that method then the money you get will not be able to become much, you should have to use the money and profits you have to buy more coins and use that for your capital, the higher your trading capital, the easier the profit you get.

sure, you should study market and news to understand because of what price moved this or that direction.
regarding red and green trends - support and resistance concept may help a lot!

That's pretty obvious that they'll always thinking for easy returns during bull runs but they'll maybe forgot for any possibilities for unexpected drops which could lead them into losing their funds. That's not really a good idea, better to start during the dips cause it usually happens that pumps will follow in the coming days and will be gaining on that time.

I get what you mean, but it doesn’t work like that. You hold that money for a long term or trade it daily. If you’re going to do it the way you have explained it here I’m not sure you’re going to make any reasonable profit. Have you been watching the market lately, don’t you see how it has remained stable and sometimes it even drops to lower price.

I think you should go for a long term target. Now that the market is in bear, you should buy one of the top ten (or maybe hundred) and hold it for a long term. If you can be able to have patience till there is a Bull run you’re going to be happy that you did. It’s not easy, but that was how I made my first profit as a beginner. And I used those time I waited to study the main daily trade.

Sounds like a good advice since cryptocurrency is only at its early stage and there are room for growth.I've heard stories of crypto early adopters that opted to sell their stash at very low price and have regrets later when the bull season occurred last year which could have make them lots of money if they only chose to hold their portfolio for long term.

Such incidents have happened but you should also know that a lot of it also speculation and not everything that you hear on the internet is going to be true. There are people trying to pump coins and create fake hype because they are bagholding it and want it to go up. However for bitcoin this is not needed since even if small term pump and dump occur in this manner the long term vision of bitcoin is diverse and worth investing in if you have the balls.

Truely speaking nobody would hold bitcoin which they bought at 10 dollars when it touched 100$. But then again as soon as someone sells someone is going to buy. ;)

Any business should be approached responsibly. If you do not have at least basic knowledge, it makes no sense to start trading. Otherwise it won't do any good.

Well this is never about the convenient strategy but only about how much you understand about the thing you are dealing in. If you do not have or have minimum knowledge about Bitcoin, how come you end up making strategies about the cryptocurrency ?

Moreover, I think that you should invest in coins available at low cost in the market like ripple and Eth and you can learn how to do things.

That's how a typical beginner does. Setting a target profits will at least refrain you from your greed. But listening to the pros sometimes will not give you a good profits, instead they aren't that really expert and will just give you shits.
Anyway, you can still do some trading even if it is red candles. I am pertaining margin trading. But since you are an inexperienced trader, trading altcoind will do.

Thanks to the author for the topic, very useful tips for any trader, regardless of the level, I want to add that it is also important to choose promising cryptocurrencies and as many of them in your portfolio

I think this cryptocurrency trading cannot provide a guarantee of the possible benefits you can get because I see the cryptocurrency price movement does not always experience price increases, there are times when there will definitely be price reductions that will make you lose or not benefit

Of course it is not good to expect only profit all the time because price can rise and low but we can change our luck using our patience and trading skills, if price reduces your can save yourself from lose with help of your patience and waiting, for those who are not having any treading experience they will have to gain knowledge and never trade blindly, better if you gain knowledge whenever you get the opportunity.

I am not sure how to idea of business is coming here. Of course without basic knowledge anything is going to be a failure but how does that relate to a business?

How do you decide a promising currency or not? In this market 99% of the coins being circulated are nothing but shitcoins created to make money, not for the investors but for the team of that currency. They will do a whitepaper and feed you with their BS koolaid and then dump their share where they have a nice pump in price. Nothing new here but its an effective mode of making money for them.

I also learned from the advice of pro traders and I guess experience is still the best teacher. Sometimes, we have to do simple applications of what we read and what we watch about trading but we should do it with smaller capital. As day passes by, we could deal with the changes in the market easily.

While your suggestion may not be a bad idea, it isn't the complete thing to do. This is the mistake most people make going into trading on their own. They think that with demo practice they can avoid the MENTORship route. We should understand that to be successful in life one ought to go through a mentor. Otherwise it will take a longer process of trials with errors learning it on one's own attempts.

Strategies are made from your knowledge of the market, about cryptocurrency, and your experience. if you don't have any knowledge
of course you won't be able to make a great strategy in trading dude?

 I understand your strategy. I'm also a newbie and now I have over $ 3,000 to start trading. But everything is bad for me now. I don't know how to invest to make a lot of money.
The crypto market is for traders, buying low and selling high is the only strategy to get rich in the crypto market.
hold is a pretty risky decision in this market. I think we should practice short-term trading instead of long-term investment.

Advise just gives us a little help to be successful, experience is really necessary as long the way we can learn new technique
that would eventually improve our strategy. What is needed to be successful in trading is you need some kind of consistency, because with consistency you will also end up profitable in your journey, and this needs you to devote your time in trading and consider it a long term activity or journey. 

Even if you do have knowledge, trading is tough job to do and many experienced people even make losses in the start but if you know nothing about trading and have no prior experience, you might think twice before spending big. You should make use of little money to gain experience in the market. Once you know how to do and what to do, you would be able to make money in trading.

If u don’t like the old ones, I would suggest you try searching for new exchanges, read carefully all documents and just keep an eye on their launching. Also, u can even explore the video ads to get the vibe of an exchange per say ;)

Thanks for the advice. To add, I have never seen qualitative ads of really bad platforms. They have no benefits to spend a lot of money on ads when their product leaves much to be desired. It wouldn’t live up to their expectations

Well, kinda disagree here. The good ad is no guarantee for successful exchange. Keep that in mind as well. It might be a wrap! However, speaking of nice ad videos, have u anything worthy lately?

Oh, yesterday I saw very unusual one https://www.youtube.com/watch?v=s_3oQNXinko

Wow, it definitely is! Just catched my eye

There is no point in trading everyday, if you are a newbie trader. Try to gain as much knowledge and experience about trading as you can for the first three months, after that you can increase the frequency of trades.

I wont say that is has no point. Visiting the exchange every few days to keep tabs on price is one thing although it can also be done by coinmarketcap or any other third party site. Then one can also be doing dummy trading with an imaginary capital and keeping a watch on that in an excel sheet. No time is wasted if you are using it properly even if you lose money. The experience is worth investing the money in.

It can vary from person to person there is no hard and fast rule that in 3 months you will gain all the experience you need. Also frequency of trades dont matter unless you are really analyzing the market well.

don't be afraid and keep trying, because learning to trade is not easy,
if you have tried but are still wrong in stepping it is natural,
the most important thing about learning trading is mastery of mentality. because without mentality we will be easily carried away by the market flow.

If you have enough trading skills then experience might not play a huge role.I am also new to day trading but already making decent amount of profits which only due to my skills and how much effort I am giving to make successful trades.

There is no point in trading if you don`t have a good bankroll for trading. While you learn about trading you should pilling up some coins you plan to trade with, to have some cash on other side or some stable coin, in trading you need to have something to sell and with something to buy, higher bankroll can make things easier and learning more interesting.
I agree that newcomers should start slowly with some mid and long trades, after they master that they can start with short trades.

Day trading must not be the choice of a newbie. this activity needs experience and deep knowledge of the crypto market. It will be better to invest in top-10 tokens and go on learning cryptocurrencies.

Trading is not that simple as it looks like, its very tough to predict the market, so newbie has to study the market deeply before putting real money into trading. Even following signals from paid group is not recommended, they charge from you and play with your money, sometimes they may have good trades but not everytime, its your money which you are putting on risk, paid services people will not lose anything in negative trades, so before going for paid signal services first take a demo for some days and check how accurate their signals are.

Highly agreed to statement. Day traders should only be volunteers of trading world who have enough strengthened domain knowledge, suitable skills, appropriate experience of seeing toughs and softs. Newbies should abstain themselves from day trading. Reason is simple, you would be panic in every first half of the day when you’re hard earned money would be on stake, so better to learn how to handle mind here.

That's correct, it's too complicated for newbie to deal with this kind of trade.
Day trading requires deeper understand on the market situation in order to predict the right price movement in a short term.
In short, it's called advance trading where the risk/reward ratio is both high.

Your strategy is good, but a lot of traders don't have patience to wait they want to trade frequently. As they used to trading often, so if they don't trade for some time they feel unease. Anyway, you have to study the market and follow the chart regularly or you would miss the train of positive trend.

If you want to do trading then you should do it even though you are inexperienced trader or you don't have much experiences or knowledge regarding to trading. If you don't mind, just spend a small amount of money at first day of trading so you will have the feel of trading cryptocurrency and also to test the water if you are comfortable with it or not.

You are free to give your opinion and to give reminders to all beginners here. In fact, I don't see any bad with your statement it is actually a good advise for the community here in the forum. Honestly speaking, I already said this here many times that if anyone are inexperience in trading business they must start with learning process, do something to feed ourselves in knowledge about in trading that's a very important matter, never proceed in the actual trade without any idea or information regarding trading, due to for sure you will loss your coins only in the end.

if you have not experienced trading, you should not use large capital. because you could loss and lose your money. My suggest is just buy a potential coins, don't buy coins at random. buy coins that are trusted.

Everyone is a inexperience at skme point of time, the only thing you need to learn and if you are wise is that learn from others experience because if you make mistake on your own hard earned money then it will be a much pain.

You dont have to trade everyday because you want to. Being a diligent trader is knowing when the buy and sell and what to buy and sell. I would stress on the "when" part of my statement more though. That means not everyday would be good for every trader. Thus missing out on a positive trend would mean you have lost that opportunity but you should not try to jump back into it. Let it go for now.

These things can happen and being not greedy about the lost opportunity makes a person wise. Rather keep track of that coin and enter when it comes back down.

This is true, many have the mistaken idea that a trader is always in the market and if you are not you are missing many opportunities but the truth is there are times in which the best thing you can do is to be out of the market, and if for some reason you miss a signal then there is no point in entering the market late, in a few days another signal will appear and you will make money in the market that way.

This indicates that one of the most important skills a trader must posses is the ability to wait and to not give up even if he suffers a number of consecutive losses because in this market is not rare at all to recover all the money you have lost with a single positive trade.

It takes a lot of time for a beginner to be good in trading because people who mostly don't know or does not have enough knowledge about trading always end up a losing a huge amount of money, so it will be better if you should first have a background and knowledge in trading for you not to waste a lot money because trading is not all about buying and selling things and you should also know how the market works. Every people in this world has a chance to learn and to be good at things that they really wanted to do, that is why you have the chance to earn huge profit in trading. Right now, i am also doing some trade in Darb (https://darbfinance.com/?=crowd) finance that is one of the most secure financial asset trading platform that will help you trading with cryptocurrencies and fiat. Darb also has a high security features that can protect all of your assets and has low fee.

Inexperienced traders need to invest time in learning the market. It's helpful to find good resources to do so. Coinscious.io has market reports to help get a basic understanding of trends. Their dashboard.coinscious.io is an easy tool to see prices, performance, and strategy metrics.

Yes it is good to trade only if you see price is improving little normally but in case if you are new try to have patience. Before getting in trading gain knowledge as much as you can increase your knowledge, greed is surely curse and one should not be greedy, waiting is the best reward for the holders, price rise fall should be taken serious so you will gain good experience,

I think it will also be useful to pay attention to overbought and oversold markets. I know that this is also a working strategy when you buy when the market is oversold and sell when overbought.м

How far the news of being over traded is also tough to verify for newbies who lack the knowledge of doing technical analysis. While day traders are surely going to jump in as soon as something is over bought to sell them, new traders may wrongly buy in at that time

Not always is the market going to be overtraded. It's just normal correction and it goes back to its levels soon enough. Just keep a watch and get notified of weird price trends and you can catch hold of good coins at good times.

Hey, see that trading is a simple matter. Never complicate with various strategies because in the beginning a trader was said to be successful, that is, when the trader was able to sell his coins he was far more expensive than when he bought them.

Don't look at something easy, I don't think trading is as simple as you think. because just for market analysis there are many ways and strategies you can learn, and the market is also influenced by many things not just news, or actions from users
if you want to have a greater chance of profit, you should to have a lot of strategies and skills

Learning how to trade is not as difficult as many people think but the issue is that most people do not want to make the necessary effort to learn, they just want to invest in a coin and obtain benefits a week later and be millionaires and as you may guess that is not going to happen and if it does then it has nothing to do with your skills as trader and everything to do with your luck which is something in which you should not rely on because it is something you do not control.

And if in one day you were lucky you can bet that in the future you will be unlucky and it is likely that you will lose all your money at that moment.

It is not. Any speculative market is something that needs way more time and determination that what average people of this forum think they need. People here think that they can make money buying some shitcoin and wait till it pumps 100x of its buying price. Thats very rare, like hitting the jackpot.

What is the problem if you dont look into different strategies? It only gives you more ideas on how you can place trades and how you can anlyse the market. Its not always about trading, but also learning how to trade and when not to trade. Not every time is a good time to trade - a false pump happening may attract sellers, but be careful not to fall for such traps.

experience will be gained when you do the trade, if you continue to study without trading directly I am sure you will never experience a bad event or be a good trader, therefore traders who do not have experience will be better if they continue to learn in theory and practice it with a capital that is not too big until they feel how to trade actually.

The best way to be perfection in what ones study is by putting to work what ones learn to know to aspect where ones need to do some correction, just like the OP advice the best time to learn and put the trade skills learn into action is this current market which the demand level is good to go for surge market.

Good post. Yes, for a newbie such actions would be a good option. But I would like to appeal to beginners. If you really want to become successful traders, then you need to develop. You cannt stop on describe above option forever. After all remember, whether it is a bear or a bull market, you can always earn money on it.

For me knowledge matters allot for all new traders as we know if a trader will trade without knowledge he will not be able to trade well according to the market moves, trading has allot of points that we should keep in mind before trading such as trade on right time and buy on right time, best thing for new traders is trading for long term it reduces the risk of loss.

The people were inexperienced in trading will not do the clear procedure for their next move I think the experience only make a person to think better and make the investment better in the right time.

in the end they will also understand and the things that underlie everything are tiered intentions, and want to learn at least the indicators that are finally comfortable to use. The signals they get from various sources begin to be analyzed carefully and form a good thing for further analysis, besides the intention there is one important thing, namely discipline and not easily affected by unfounded sentiments.

Always bear in your mind that all trading experts was came from nothing, so if you don't have any experience to do the actual trade, I guess it is much better to begin with the exchange that has a good volume in the market and huge traders to their platform. This is obviously referring to the newbies who are trying to start in trading, isn't right?

It is the most difficult and the most important task for new investors and traders to find a good coin as if you take suggestions may be someone can give you wrong suggestion that can affect your future profit. Trading is huge platform you can get so many opportunities like having more knowledge and understanding the term trading will help you avoid lose being a good trader so gain knowledge as much as you can.

Yes, but not only for newbies. There are many traders who are quite comfortable with the usual unhurried trading. They don't aspire to a great variety and are quite satisfied with trading only on one exchange.
Of course, if we are talking about experienced traders, then this option is not very suitable for that traders. One exchange cannot provide all opportunities for earnings at all, therefore it is necessary to trade on different exchanges, trying to extract the maximum benefit from it.

Not only trading is a good exchange but it's also important that a trader will need not to be aggressive with the amount at risk.
There is a high risk for inexperience traders as a beginner, they can make a lot of errors that could be costly if they risk a big amount.
Trading is a long journey, we can learn from it, so don't rush things, always have the patient and keep improving. 

Absolutely! The success in trading doesn't happen overnight. It takes time, hardwork, discipline, and focus. We all started as newbies and with commitment to learn we gain knowledge and experiences. We have to embrace the reality that it's not all about happy days, but let's not lose track of our goal that will lead us towards success. It can be very challenging but it's profitable, rewarding, stay patient and positive.

This is again a debatable topic. Being aggressive can be good or bad depending on the situation at hand. People rarely act docile speculating and they make mistakes but they also make money. Sometimes seizing the opportunity is important or you will be left with nothing at hand missing out on something big. Similar to what the ones who sold bitcoin during the bear market of 4k and are now crying seeing the 7+k price.

For a beginner who is careful with their money, I dont think they would be impulsive in their decisions. If they are, they should stop trading because it is not for them.

Like any other learning experience. It does need practice and patience.

Knowledge is very important but not just we stop into this, we need to apply that knowledge and learnings we've got from the others and from our experience. I know hard to understand the market if you are a beginner, it takes time to make it perfectly be done.

Yeah, it is big consideration of choosing the right coins for trades and that also the basis of our profits. Listening for some suggestions will be good but we have to decide also what is right for us and the capability we have. Think it so many times before having any commitment.

  Yeah every trader was someday new trader and he was not an experienced one, so with time they learnt and become experienced traders, when you get in trading try to spend more and more time for learning trading, after learning you can get in practice work because without knowledge it is not good to get involve in trading, better learn before you get in.

Indeed. DYOR will not fail you. Not to mention that the knowledge that you acquire will be retained and can be used or can relate to other trends for other projects. I'm a hodler though. I'd rather go for long term projects and get sure leverage. There are a lot of shit coins out there but its best to look for projects with real world uses.

They all started from zero yes. But the difference is that some people take in the bad and good and use them to gain experience and a technical know-how of getting across the market making a profit. One should know like when to buy a coin and when to sell what to speculate on and what is a trashcoin. All these things dont come overnight.

It needs practice and in doing so there will be losses big or small. You have to just consider them as investment for your own knowledge. Also people dont become experts in any fixed time. Some may never become experts at all.

many days we didn't have profits and i used to lose in beginning i even thought this is gambling and lost hopes in trading after when i joined some groups i seen many making profits then i started learning committed to get success and now i glad that i didst quit trading 

Patience is indeed very important in trading because you have to read articles, study the charts, the market, even watch videos and etc. Trading is not something we should be joking around because if you do, then you'll lose you money. Its normal to make mistakes and fail what is important is we learn from them and avoid it in the future.

I doubt you actually made any profit from joining those groups. You might be having a false impression that you did while you are being fed with the group owners bullshit propaganda promoting some shitcoin. There is nothing to be surprised in this because this is what happens in every such pump and dump group. The owner promotes and the idiot followers buy it just because the owner said so and while this happens the owner sells their own shitcoin stock on the followers laughing away at their idiocy.

Each and every pump and dump group is this same story.

Unfortunately, some bad experience is needed. Naturally, it will work as a lesson for thoughtful guys, who will not give up or start blaming somebody in their fails but find out their mistakes and understand the ways to avoid them.

I agree. It is not necessary to study technical analysis in order to trade successfully. It is enough to be able to see the mood of the market and adjust to it in your favor.

Traders who are inexperienced about the crypto trade are not real traders they are just traders by name and nothing more. If you have not practiced and learn to trade then all your decisions will not favor you in the growth as well as profit generation of your trade. Those who learn it properly are doing great in the crypto industry and are struggling much more in the new projects which are very profitable.

If you go more advance that would make you so knowledgeable, TA is more useful for day traders or short term traders, but of people who buy and hold, life would be easier for them as long as they do it with timing and they don't panic.

Trading is easy, let us not make things complicated.

Technical analysis will give an idea about how the market is going to move so learning them is also a good thing when someone doing trading as a profession.Stock market needs huge analysis skills but in crypto which is much lesser.

There are two ways to trade the markets technical analysis and fundamental analysis, if you are not going to use technical analysis because you do not like it or think it does not work then that is fine but you need to use at least one of those ways to trade, trading with the flow and just based on instincts is the fast way of losing all you money, we have seen this time and time again and yet it seems some people just want to ignore the realities of the market and keep trading with no knowledge and yet make money.

And this is not possible since you are competing directly against people that have spent years or even decades studying the markets and will have no problem taking your money away from you.

For newbies its hard to start trading if they don't have any experience for it. For me i start trading i just make some research to reach those need to trade some altcoins.

Only need time if you keep what you do. Because more we do trade activity, and then we can analyze it by ourself. After we can get what we need to do trading. Even emotion control will easy to handle.

Hello! first of all, congrats! You started a really fascinating path. Hope, you are still improving your skills.
I'd suggest you to pay a special attention to risk an money management, as saving what you gained is more difficult than even to earn.
You can visit my page and look throh some deals. Probably they will be useful for you
https://bitcointalk.org/index.php?topic=5146383.0 (https://bitcointalk.org/index.php?topic=5146383.0)

It is not really good for inexperienced guy for they try their best and still make very little or no money in trading. The reason behind the loss in trading is many among which a high initial cost of investment is one reason. Another reason is the inability to trade on the best price and especially if you are on the wrong or weak exchange.

Definitely, it was.  Trading is a time consuming  in order to learn and become a great trader.  Now,  we aren't looking for to learn instantly but to know the basic will be good enough to take another steps forward. 
As to know exactly in trading will certainly be a big struggle for beginners and but it could be worthy enough if success will be ours in the future

I have already seen that under the current conditions in the cryptocurrency market it will be very difficult for a beginner.  The risks of losing your funds are present even for experienced traders and therefore you need to gain experience and pay attention to how professionals work.  I, in turn, retrained a little and at the same time engaged in investments, but at the same time making very short positions in the cryptocurrency market, I learn trading in practice, although daily trading is very dangerous now.

I think just because you're not a pro then it's not good to trade every day, is it more practice and training will make you more skilled? in my opinion it is not the frequency of the trade that you should reduce, but managing capital properly in accordance with your skills and experience thats the right thing

Thank you for the advice, in my opinion a lot of your words are correct, most new traders often trade every heart to get a lot of profit without having a lot of knowledge and end up losing

for me to get little profit is doing arbitrage , its was easy but really need care about transaction traffic only

I don't think considering the volume of transactions is the most necessary thing. For me, the most necessary thing to see is the interaction of the members in the group. It is really something to consider. I have seen a project listed on Binance and Huobi Global, but the community rarely discusses the project. Insolar is really a good project but they cannot show people their potential. Its value is still very low. The reason is because they cannot exploit the community's resources.

They should do both, a heart and knowledge, because with that, it means you are putting your love in trading and that will become your passion.

You do not believe me, but I do not analyze the market, but just carefully selected cryptocurrencies with real activity, an experienced team and put orders with a profit of 20-30% and this strategy has been working for more than six months

But I wont advice anybody to put their heart in it because if you tend to put in emotions then you will make a mistake. Being passionate about something is much different from being a cold hearted trader. The second is what every trader should assume to be although its the most impossible thing to do.

Passion comes in work and trading would definitely not be a work for anybody. Talk about day-traders yes, it might seem its a job for them but let me tell you something : day traders get the majority of their cash from running "private groups" which need memberships for pump and dump signals. They are also scam signals but also need to money to get entry to the group. Thats how they earn.

That is true but such way of thinking comes with experience. At the begininig many new traders make mistakes relying strictly on analisys, graphs and numbers without using their intuition or they are just too eager for profit not having enough information and knowledge. When they find right balance then usually comes success too but that takes time.

Newbies in trading very quickly understand how costing a short position is when you obviously don’t give skills in trading. On the one hand, this is good, as if you are spending some of your money on your own training, on the other hand, these mistakes have already been committed by thousands of people like you, and you can avoid them.

Aside from all the analysis that you have to  learn ,i guess the hardest part to practice is the right attitude towards your trade
Yes its true Its hard to really be patient but it is very important ,its also hard to let go of that instinct or gut feeling but you also have to let go of that it might give you false hope about your trade.
Trading is not easy ,so many learnings to do to be able to earn but its very rewarding.

Trading or investing in the crypto market should be done in practice and without having knowledge of how the cryptocurrency market behaved you will be losing money if you invest as a newbie. It has been a difficult thing to accurately analyze the cryptocurrency market with profits for experts and therefore you should not think that you will be able to achieve that as a fresher.

I found this analysis by "Monfex".  Active Trade Signal When Breaks R1:
- Buy at $10,200
- Stop-loss at $9,900
- Take-profit at $10,600

Active Trade Signal When Falls to S1:
- Buy at $9,300
- Stop-loss at $9,100
- Take-profit at $9,650

It's true, trading is not something that is only analyzed, but must have a soul as well. Just like a singer or declamator, they always recite poems with a feeling as if their souls blend with what they say. Not far from a trader, well traders must have a flow of feelings when trading, this is not lebay but this will make the soul of the trader confident and calm.

Trading is not just about experience, it’s also about common sense and using right way. If only we manage that we will be able to succeed and benefit. I am with FreshForex, where there is whole educational setup to explain these things. It’s so important to get yourself educated instead of worrying about experience levels.

I can really understand the concern of the op.
But you can take it in good way too.
Anything that we do for the first time, lacks the best performance.
Same happens with trading too.
As time passes and we gain experience we will be good in trading also.
Just be smart enough to understand when to invest and where to.
Good luck. Hope this helps you.

If you engage in the same activity for a long time, then one way or another you will become practically a professional.  The same situation with trade, but here you still need to gain experience and the results will increase in proportion to your experience.  If you constantly receive only losses, then as a result you will lose everything that is in your life.  Therefore, only getting some income from trading, you can hope for better prospects and after a while you will increase experience and increase income.

for inexperienced traders I think maybe it should have a lower target than professional traders, because now if we look at many of these things it is possible for novice traders to set high targets is very difficult I think a maximum profit of 10% is very good and it is suitable for a inexperienced trader